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BankHealth

PROGRESSIVE OZARK BANK

SALEM, MISSOURI · FDIC Cert #31488

B
Health Score
72/100
$171M
Total Assets
$154M
Total Deposits
12.67%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, PROGRESSIVE OZARK BANK holds a Tier 1 capital ratio of 12.67%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PROGRESSIVE OZARK BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.19%
Nonperforming Loans
Low — healthy loan portfolio
9.75%
Liquidity Ratio
Low — potential liquidity stress
1.96%
Return on Assets
Profitable — earning well on assets
$154M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

PROGRESSIVE OZARK BANK shows strong financial health indicators. With $171M in assets and a Health Score of 72/100, 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 OZARK BANK has a Bank Health Score of B (72/100). It holds a Tier 1 capital ratio of 12.67%, 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 OZARK BANK holds $171M in total assets and $154M in total deposits. It is located in SALEM, MISSOURI (FDIC Certificate #31488).

PROGRESSIVE OZARK BANK has a Tier 1 capital ratio of 12.67%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.19%, and the return on assets is 1.96%.

Yes. PROGRESSIVE OZARK BANK is FDIC-insured (Certificate #31488). 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.

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