Is Progrowth Bank Safe?
Progrowth Bank has a Bank Health Score of 97/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (67/100).
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 20.10% | 100/100 |
| Nonperforming Loan Ratio | 0.01% | 100/100 |
| Liquidity Ratio | 77.01% | 100/100 |
| Return on Assets | 1.17% | 67/100 |
| Total Assets | $0.4B | |
How does Progrowth Bank compare?
With a Bank Health Score of 97/100, Progrowth Bank sits 27.0 points above the national average of 70/100 for FDIC-insured banks. Within Minnesota, where 225 FDIC-insured banks are headquartered, Progrowth Bank ranks above the state average of 73/100 (Grade B).
The bank's Tier 1 capital ratio of 20.10% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.01% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, Progrowth Bank's Bank Health Score improved by 1.0 points to 97/100. Tier 1 capital weakened by 0.54 percentage points to 20.10%. Quarter-over-quarter, the score rose by 1.0 points.
Progrowth Bank has a Bank Health Score of 97/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (67/100).