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Progressive National Bank
Progressive National Bank
RSSD ID 675855 | CERTIFICATE 24443 | ABA NUMBER 111103168 |
300 Washington Ave |
Quarter Ended : |
2025-03-31 |
Mansfield, Louisiana, 71052 |
Updated : |
2025-04-14 |
WWW.PROGRESSIVENATIONAL.COM |
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Institution Profile |
Year Opened : |
1983 |
Institution Type : |
Commercial bank |
Entity Type : |
Federal |
Federal Regulator : |
OCC |
Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
6 |
Number of Employees : |
30 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 117,604 |
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Total Interest Income | 1,610 |
Total Liabilities | 105,161 |
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Total NonInterest Income | 221 |
Total Bank Equity Capital | 12,443 |
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Total Interest Expense | 445 |
Total Deposits | 104,759 |
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Total NonInterest Expense | 1,081 |
Net Loans & Leases | 84,381 |
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Net Income | 297 |
Loan Loss Allowance | 646 |
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Net Charge Offs | 8 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 85,848 |
Total assets for the leverage ratio | 115,051 |
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Loans secured by real estate: | 78,373 |
Tier 1 Leverage Ratio | 10.84 |
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Commercial and industrial loans | 3,273 |
Off Balance Sheet Exposures (%) | 1.85 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 3,829 |
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