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 ProGrowth Bank
ProGrowth Bank
| RSSD ID 751254 | CERTIFICATE 8536 | ABA NUMBER 91908768 |
| 703 3rd St |
Quarter Ended : |
2025-03-31 |
| Nicollet, Minnesota, 56074 |
Updated : |
2025-04-23 |
| www.progrowth.com |
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| Institution Profile |
| Year Opened : |
1903 |
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 : |
Agricultural Specialization |
| Number of Offices : |
4 |
Number of Employees : |
32 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 405,753 |
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Total Interest Income | 5,013 |
| Total Liabilities | 387,296 |
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Total NonInterest Income | 123 |
| Total Bank Equity Capital | 18,457 |
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Total Interest Expense | 2,963 |
| Total Deposits | 330,892 |
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Total NonInterest Expense | 1,516 |
| Net Loans & Leases | 78,843 |
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Net Income | 509 |
| Loan Loss Allowance | 653 |
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Net Charge Offs | (11) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 30,016 |
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Total loans | 79,344 |
| Total assets for the leverage ratio | 397,549 |
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Loans secured by real estate: | 58,842 |
| Tier 1 Leverage Ratio | 7.39 |
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Commercial and industrial loans | 9,487 |
| Tier 1 Capital Ratio | 20.28 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 20.73 |
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Loans to individuals - Other | 1,045 |
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:· ProGrowth Bank
