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 First Progressive Bank
First Progressive Bank
| RSSD ID 177135 | CERTIFICATE 22549 | ABA NUMBER 62103000 |
| 312 Sowell St |
Quarter Ended : |
2025-03-31 |
| Brewton, Alabama, 36426 |
Updated : |
2025-04-29 |
| Institution Profile |
| Year Opened : |
1977 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Other Specialized Under 1 Billion |
| Number of Offices : |
1 |
Number of Employees : |
6 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 32,459 |
|
Total Interest Income | 231 |
| Total Liabilities | 23,708 |
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Total NonInterest Income | 3 |
| Total Bank Equity Capital | 8,751 |
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Total Interest Expense | 3 |
| Total Deposits | 23,702 |
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Total NonInterest Expense | 230 |
| Net Loans & Leases | 10,789 |
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Net Income | (15) |
| Loan Loss Allowance | 138 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 10,652 |
| Total assets for the leverage ratio | 32,505 |
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Loans secured by real estate: | 6,822 |
| Tier 1 Leverage Ratio | 26.92 |
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Commercial and industrial loans | 3,136 |
| Off Balance Sheet Exposures (%) | 3.62 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 686 |
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:· First Progressive Bank
