|
 |
 |
|
ProGrowth Bank
ProGrowth Bank
| RSSD ID 751254 | CERTIFICATE 8536 | ABA NUMBER 91908768 |
| 703 3rd St |
Quarter Ended : |
2025-06-30 |
| Nicollet, Minnesota, 56074 |
Updated : |
2025-07-22 |
| www.progrowth.com |
|
| Institution Profile |
| Year Opened : |
1903 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
4 |
Number of Employees : |
32 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
|
Income Statement (USD, in thousands, ytd) |
| Total Assets | 415,876 |
|
Total Interest Income | 10,221 |
| Total Liabilities | 398,391 |
|
Total NonInterest Income | 250 |
| Total Bank Equity Capital | 17,485 |
|
Total Interest Expense | 6,174 |
| Total Deposits | 335,511 |
|
Total NonInterest Expense | 3,064 |
| Net Loans & Leases | 81,218 |
|
Net Income | 960 |
| Loan Loss Allowance | 653 |
|
Net Charge Offs | (11) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages (USD, in thousands) |
| Total capital | 30,467 |
|
Total loans | 81,939 |
| Total assets for the leverage ratio | 418,855 |
|
Loans secured by real estate: | 60,420 |
| Tier 1 Leverage Ratio | 7.12 |
|
Commercial and industrial loans | 9,968 |
| Tier 1 Capital Ratio | 17.64 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 18.02 |
|
Loans to individuals - Other | 1,163 |
|
|
|
|