First Progressive Bank Financial Reports

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First Progressive Bank

RSSD ID 177135 \| CERTIFICATE 22549 \| ABA NUMBER 62103000
312 Sowell St	Quarter Ended :	2026-03-31
Brewton, Alabama, 36426	Updated :	2026-05-08

Institution Profile
Year Opened :	1977	Institution Type :	Commercial bank
Entity Type :	State	Federal Regulator :	FED
Member Federal Reserve :	Yes	S-Corp :	No
Fiduciary Powers :	No	Powers Exercised :	No
Filing Type :	051

Specialization :	Other Specialized Under 1 Billion
Number of Offices :	1	Number of Employees :	7

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)
Total Assets	32,665	Total Interest Income	269
Total Liabilities	23,804	Total NonInterest Income	7
Total Bank Equity Capital	8,861	Total Interest Expense	3
Total Deposits	23,795	Total NonInterest Expense	222
Net Loans & Leases	10,322	Net Income	(21)
Loan Loss Allowance	234	Net Charge Offs	0

Regulatory Capital		Quarterly Averages (USD, in thousands)
Community Bank Leverage Ratio	Yes	Total loans	10,496
Total assets for the leverage ratio	32,413	Loans secured by real estate:	6,820
Tier 1 Leverage Ratio	27.34	Commercial and industrial loans	2,911
Off Balance Sheet Exposures (%)	1.79	Loans to individuals - Credit Cards	0
Trading Assets and Liabilities (%)	0	Loans to individuals - Other	765

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury