Progressive National Bank of DeSoto Parish

Progressive National Bank of DeSoto Parish is headquartered in Mansfield and is the 141^st largest bank in the state of Louisiana. It is also the 6,812^st largest bank in the nation. It was established in 1983 and as of March of 2012, it had grown to 16 employees at 3 locations. Progressive National Bank of DeSoto Parish has a 5-star health rating.

Data for Q1 2012

Institution Statistics Progressive National Bank of DeSoto Parish FDIC Certificate # 24443 BankRate Report View Year Established 1983 Employees 16 Primary Regulator OCC Assets and Liabilities Assets $35.20 million Loans $15.73 million Deposits $32.19 million Equity Capital $2.87 million Loan Loss Allowance $159,000 Unbacked Noncurrent Loans $21,000 Real Estate Owned $58,000 Historic Data - March 2011 Assets $32.94 million Equity Capital $2.63 million Loan Loss Allowance $152,000 Unbacked Noncurrent Loans $205,000 Profit Margin - Quarterly Net Interest Margin 3.99% Return on Assets 0.69% Return on Equity 8.58% Interest Income $362,000

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Progressive National Bank of DeSoto Parish had $79,000 in non-current loans and owned real-estate with $3.03 million in equity and loan loss allowances on hand to cover it. This gives Progressive National Bank of DeSoto Parish a Texas Ratio of 2.61% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Progressive National Bank of DeSoto Parish decreased significantly from 7.37% as of March 31, 2011 to 2.61% as of March 31, 2012, resulting in a positive change of 64.56%.This indicates that the balance sheet and financial strength for Progressive National Bank of DeSoto Parish has improved significantly in recent periods. Deposit Growth In the past year, Progressive National Bank of DeSoto Parish has increased its total deposits by $1.94 million, resulting in 6.4% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Progressive National Bank of DeSoto Parish has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Progressive National Bank of DeSoto Parish has $35.2 million in assets with $3.03 million in equity, resulting in a capitalization level of 8.60%, which is average.

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