PROGRESSIVE BANK
MONROE, LOUISIANA · FDIC Cert #22139
Capital & Safety Analysis
According to FDIC financial data, PROGRESSIVE BANK holds a Tier 1 capital ratio of 12.82%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PROGRESSIVE BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PROGRESSIVE BANK shows strong financial health indicators. With $812M in assets and a Health Score of 86/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
PROGRESSIVE BANK has a Bank Health Score of A (86/100). It holds a Tier 1 capital ratio of 12.82%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
PROGRESSIVE BANK holds $812M in total assets and $681M in total deposits. It is located in MONROE, LOUISIANA (FDIC Certificate #22139).
PROGRESSIVE BANK has a Tier 1 capital ratio of 12.82%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.19%, and the return on assets is 0.15%.
Yes. PROGRESSIVE BANK is FDIC-insured (Certificate #22139). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.