Progressive Bank
Monroe, LA
IDRSSD: 1007154
Total Assets
$752.32M
Latest filing
Total Deposits
$669.79M
Latest filing
Net Interest Margin
3.74%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Progressive Bank
1411 N 19th St
Monroe, LA 71201
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/10/1975FDIC Certificate 15379
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Progressive Bank (Main) | 1411 N 19th St | Monroe, LA |
| WINNSBORO BRANCH | 301 Fair Ave | Winnsboro, LA |
| WEST MONROE FINANCIAL CENTER BRANCH | 3421 Cypress St | West Monroe, LA |
| LAMY LANE FINANCIAL CENTER BRANCH | 1380 Lamy Ln | Monroe, LA |
| TRENTON BRANCH | 701 Trenton St | West Monroe, LA |
| AIRLINE FINANCIAL CENTER | 2600 Beene Blvd | Bossier City, LA |
| FERN AVENUE FINANCIAL CENTER | 8550 Fern Ave | Shreveport, LA |
| YOUREE DRIVE FINANCIAL CENTER | 4523 Youree Dr | Shreveport, LA |
Showing 7 of 8
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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 10/10/1975 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 71201 |
| State and County Number | 22073 |
| Subchapter S Corporations | No |
| Trust Powers | Limited Trust Powers Granted |
| Federal Reserve ID Number | 11 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Dallas |
| Core Based Statistical Area Name | Monroe, LA |
Operational Info
| Number of Employees | 115 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 10/10/1975 |
| Primary Insurance Agency | DIF |
| Website | www.progressivebank.com |
| Data Updated | 11/14/2025 |
| CERT | 22139 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $752.32M |
| Total Deposits | $669.79M |
| Total Liabilities | $679.16M |
| Total Equity Capital | $73.17M |
| Net Income | $2.03M |
| Net Loans and Leases | $585.90M |
| Assets Per Employee ($Millions) | $6.54M |
| Bank Premises and Fixed Assets | $17.15M |
| Cash and Balances due from Depository Institutions | $77.49M |
| Deposits Held in Domestic Offices | $669.79M |
Key Performance Ratios
| Return on Assets (ROA) | 1.08% |
| Return on Equity (ROE) | 11.27% |
| Net Interest Margin | 3.74% |
| Efficiency Ratio | 67.67% |
| Tier 1 Risk-Based Capital Ratio | 12.738% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.725% |
| Earning Assets to total Assets | 93.84% |
Income and Expense
| Total Interest Income | $9.66M |
| Total Noninterest Income | $1.32M |
| Total Interest Expense | $3.07M |
| Total Noninterest Expense | $5.35M |
| Net Interest Income | $6.59M |
| Pre-tax Net Operating Income | $2.56M |
| Provision for Credit Losses | $0 |
| 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 | $3.13M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $6.24M |
| Total Liabilities and Capital | $752.32M |
Securities
| Securities | $51.12M |
| Available-for-sale debt securities | $45.79M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $5.34M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Progressive Bank?
$752.32M as of the latest filing.
How much are Progressive Bank's total deposits?
$669.79M in total deposits.
Where is Progressive Bank located?
Monroe, LA.
What is the Net Interest Margin?
3.74%.
How many domestic offices does it operate?
9.
When was it established?
10/10/1975.
What is the Return on Assets (ROA)?
1.08%.
How much are total loans and leases?
$585.90M (latest filing).
What is the total interest income (latest filing)?
$9.66M.