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 Progressive Bank
Progressive Bank
| RSSD ID 1007154 | CERTIFICATE 22139 | ABA NUMBER 111102596 |
| 1411 N 19th St |
Quarter Ended : |
2025-09-30 |
| Monroe, Louisiana, 71201 |
Updated : |
2025-10-22 |
| www.progressivebank.com |
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| Institution Profile |
| Year Opened : |
1975 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
115 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 752,321 |
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Total Interest Income | 28,391 |
| Total Liabilities | 679,156 |
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Total NonInterest Income | 3,689 |
| Total Bank Equity Capital | 73,165 |
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Total Interest Expense | 9,263 |
| Total Deposits | 669,786 |
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Total NonInterest Expense | 16,270 |
| Net Loans & Leases | 585,898 |
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Net Income | 5,190 |
| Loan Loss Allowance | 7,501 |
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Net Charge Offs | 101 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 84,751 |
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Total loans | 590,344 |
| Total assets for the leverage ratio | 752,855 |
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Loans secured by real estate: | 490,689 |
| Tier 1 Leverage Ratio | 10.26 |
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Commercial and industrial loans | 68,946 |
| Tier 1 Capital Ratio | 12.74 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.98 |
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Loans to individuals - Other | 6,112 |
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:· Progressive Bank
