Institution Statistics
| Progressive-Home Federal Savings and Loan Association | | OTS # | 00495 | | FDIC Certificate # | 27894 | | BankRate Report | View | | Year Established | 1889 | | Employees | 12 | | Primary Regulator | OCC |
Assets and Liabilities | | Assets | $52.86 million | | Loans | $24.63 million | | Deposits | $41.05 million | | Equity Capital | $7.23 million | | Loan Loss Allowance | $317,000 | | Unbacked Noncurrent Loans | $96,000 |
Historic Data - March 2011 | | Assets | $51.78 million | | Equity Capital | $6.42 million | | Loan Loss Allowance | $318,000 | | Unbacked Noncurrent Loans | $350,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.04% | | Return on Assets | 0.46% | | Return on Equity | 3.38% | | Interest Income | $515,000 |
|
|
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-Home Federal Savings and Loan Association had $96,000 in non-current loans and owned real-estate with $7.54 million in equity and loan loss allowances on hand to cover it. This gives Progressive-Home Federal Savings and Loan Association a Texas Ratio of 1.27% 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-Home Federal Savings and Loan Association decreased significantly from 5.19% as of March 31, 2011 to 1.27% as of March 31, 2012, resulting in a positive change of 75.49%.This indicates that the balance sheet and financial strength for Progressive-Home Federal Savings and Loan Association has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Progressive-Home Federal Savings and Loan Association has increased its total deposits by $515,000, resulting in 1.27% 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-Home Federal Savings and Loan Association has shown is above average. | | 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-Home Federal Savings and Loan Association has $52.86 million in assets with $7.54 million in equity, resulting in a capitalization level of 14.27%, which is excellent. |
|
