First Progressive Bank

Brewton, AL
IDRSSD: 177135
Total Assets
$31.76M
Latest filing
Total Deposits
$22.92M
Latest filing
Net Interest Margin
3.55%
Profitability

Locations

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Main Office
First Progressive Bank
312 Sowell St
Brewton, AL 36426
Full Service - Brick and Mortar
Updated 11/14/2025Established 11/10/1977FDIC Certificate 15726

Branches (0)

Page 1 of 1
NameAddressCity / State
No branch data available.
First Progressive Bank (Main)312 Sowell StBrewton, AL

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date11/10/1977
Community BankYes
Ownership TypeNot Mutual
ZIP36426
State and County Number01053
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameAtmore, AL

Operational Info

Number of Employees6
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2022
Date of Deposit Insurance11/10/1977
Primary Insurance AgencyDIF
WebsiteN/A
Data Updated11/14/2025
CERT22549
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$31.76M
Total Deposits$22.92M
Total Liabilities$22.93M
Total Equity Capital$8.83M
Net Income$40.00k
Net Loans and Leases$10.59M
Assets Per Employee ($Millions)$5.29M
Bank Premises and Fixed Assets$58.00k
Cash and Balances due from Depository Institutions$4.87M
Deposits Held in Domestic Offices$22.92M

Key Performance Ratios

Return on Assets (ROA)0.5%
Return on Equity (ROE)1.82%
Net Interest Margin3.55%
Efficiency Ratio74.6%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.19%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets27.795%
Earning Assets to total Assets83.73%

Income and Expense

Total Interest Income$247.00k
Total Noninterest Income$4.00k
Total Interest Expense$3.00k
Total Noninterest Expense$185.00k
Net Interest Income$244.00k
Pre-tax Net Operating Income$48.00k
Provision for Credit Losses$15.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$149.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$6.00k
Total Liabilities and Capital$31.76M

Securities

Securities$15.85M
Available-for-sale debt securities$0
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$15.85M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Progressive Bank?
$31.76M as of the latest filing.
How much are First Progressive Bank's total deposits?
$22.92M in total deposits.
Where is First Progressive Bank located?
Brewton, AL.
What is the Net Interest Margin?
3.55%.
How many domestic offices does it operate?
1.
When was it established?
11/10/1977.
What is the Return on Assets (ROA)?
0.5%.
How much are total loans and leases?
$10.59M (latest filing).
What is the total interest income (latest filing)?
$247.00k.