Progressive Bank

Monroe, LA
IDRSSD: 1007154
Total Assets
$767.96M
Latest filing
Total Deposits
$687.10M
Latest filing
Net Interest Margin
3.84%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

111102596MONROE, LA

Key People

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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 non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date10/10/1975
Community BankYes
Ownership TypeNot Mutual
ZIP71201
State and County Number22073
Subchapter S CorporationsNo
Trust PowersLimited Trust Powers Granted
Federal Reserve ID Number11
Numeric code21
Insured by FDICInstitution closed or not insured by FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameMonroe, LA

Operational Info

Number of Employees115
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date01/01/2026
Date of Deposit Insurance10/10/1975
Primary Insurance AgencyDIF
WebsiteN/A
Data Updated01/30/2026
CERT22139
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$767.96M
Total Deposits$687.10M
Total Liabilities$698.28M
Total Equity Capital$69.67M
Net Income$-2,279,000
Net Loans and Leases$589.68M
Assets Per Employee ($Millions)$6.62M
Bank Premises and Fixed Assets$16.92M
Cash and Balances due from Depository Institutions$93.25M
Deposits Held in Domestic Offices$687.10M

Key Performance Ratios

Return on Assets (ROA)-1.2%
Return on Equity (ROE)-12.76%
Net Interest Margin3.84%
Efficiency Ratio135.62%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.072%
Earning Assets to total Assets93.66%

Income and Expense

Total Interest Income$9.79M
Total Noninterest Income$1.29M
Total Interest Expense$2.96M
Total Noninterest Expense$11.01M
Net Interest Income$6.83M
Pre-tax Net Operating Income$-2,892,000
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$2.88M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$8.30M
Total Liabilities and Capital$767.96M

Securities

Securities$45.85M
Available-for-sale debt securities$40.60M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$5.24M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Progressive Bank?
$767.96M as of the latest filing.
How much are Progressive Bank's total deposits?
$687.10M in total deposits.
Where is Progressive Bank located?
Monroe, LA.
What is the Net Interest Margin?
3.84%.
How many domestic offices does it operate?
9.
When was it established?
10/10/1975.
What is the Return on Assets (ROA)?
-1.2%.
How much are total loans and leases?
$589.68M (latest filing).
What is the total interest income (latest filing)?
$9.79M.