ProGrowth Bank
Nicollet, MN
IDRSSD: 751254
Total Assets
$411.73M
Latest filing
Total Deposits
$333.96M
Latest filing
Net Interest Margin
1.85%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
ProGrowth Bank
703 3rd St
Nicollet, MN 56074
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1903FDIC Certificate 5444
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| ProGrowth Bank (Main) | 703 3rd St | Nicollet, MN |
| PROGROWTH BANK BRANCH | 120 N Augusta Ct | Mankato, MN |
| PROGROWTH BANK BRANCH | 45 Teton Ln | Mankato, MN |
| PROGROWTH BANK BRANCH | 320 Main Ave | Gaylord, MN |
Showing 3 of 3
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 | 01/01/1903 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56074 |
| State and County Number | 27103 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Mankato, MN |
Operational Info
| Number of Employees | 32 |
| Domestic Offices | 4 |
| 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 | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | http://www.progrowth.com |
| Data Updated | 01/30/2026 |
| CERT | 8536 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $411.73M |
| Total Deposits | $333.96M |
| Total Liabilities | $391.50M |
| Total Equity Capital | $20.23M |
| Net Income | $73.00k |
| Net Loans and Leases | $83.04M |
| Assets Per Employee ($Millions) | $12.87M |
| Bank Premises and Fixed Assets | $746.00k |
| Cash and Balances due from Depository Institutions | $11.36M |
| Deposits Held in Domestic Offices | $333.96M |
Key Performance Ratios
| Return on Assets (ROA) | 0.07% |
| Return on Equity (ROE) | 1.45% |
| Net Interest Margin | 1.85% |
| Efficiency Ratio | 78.39% |
| Tier 1 Risk-Based Capital Ratio | 18.471% |
| 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 | 4.913% |
| Earning Assets to total Assets | 96.75% |
Income and Expense
| Total Interest Income | $5.08M |
| Total Noninterest Income | $131.00k |
| Total Interest Expense | $3.23M |
| Total Noninterest Expense | $1.55M |
| Net Interest Income | $1.85M |
| Pre-tax Net Operating Income | $428.00k |
| 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 | $54.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $3.54M |
| Total Liabilities and Capital | $411.73M |
Securities
| Securities | $307.46M |
| Available-for-sale debt securities | $307.39M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $2.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of ProGrowth Bank?
$411.73M as of the latest filing.
How much are ProGrowth Bank's total deposits?
$333.96M in total deposits.
Where is ProGrowth Bank located?
Nicollet, MN.
What is the Net Interest Margin?
1.85%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1903.
What is the Return on Assets (ROA)?
0.07%.
How much are total loans and leases?
$83.04M (latest filing).
What is the total interest income (latest filing)?
$5.08M.