First Progressive Bank Financial Reports

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First Progressive Bank

RSSD ID 177135 \| CERTIFICATE 22549 \| ABA NUMBER 62103000
312 Sowell St	Quarter Ended :	2025-12-31
Brewton, Alabama, 36426	Updated :	2026-02-06

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

Specialization :	Other Specialized Under 1 Billion
Number of Offices :	1	Number of Employees :	7

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)
Total Assets	32,370	Total Interest Income	992
Total Liabilities	23,487	Total NonInterest Income	15
Total Bank Equity Capital	8,883	Total Interest Expense	13
Total Deposits	23,481	Total NonInterest Expense	807
Net Loans & Leases	10,384	Net Income	116
Loan Loss Allowance	162	Net Charge Offs	0

Regulatory Capital		Quarterly Averages (USD, in thousands)
Community Bank Leverage Ratio	Yes	Total loans	10,870
Total assets for the leverage ratio	32,323	Loans secured by real estate:	7,023
Tier 1 Leverage Ratio	27.48	Commercial and industrial loans	3,051
Off Balance Sheet Exposures (%)	0.48	Loans to individuals - Credit Cards	0
Trading Assets and Liabilities (%)	0	Loans to individuals - Other	798

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury