Institution Statistics
| ProGrowth Bank | | FDIC Certificate # | 8536 | | BankRate Report | View | | Year Established | 1903 | | Employees | 37 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $131.70 million | | Loans | $75.46 million | | Deposits | $105.47 million | | Equity Capital | $9.86 million | | Loan Loss Allowance | $1.83 million | | Unbacked Noncurrent Loans | $3.22 million | | Real Estate Owned | $4.70 million |
Historic Data - September 2010 | | Assets | $157.74 million | | Equity Capital | $9.57 million | | Loan Loss Allowance | $1.93 million | | Unbacked Noncurrent Loans | $3.57 million | | Real Estate Owned | $4.81 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.27% | | Return on Assets | 0.32% | | Return on Equity | 4.57% | | Interest Income | $5.23 million |
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Institution Health
Overall Score:
2 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 September 30, 2011 ProGrowth Bank had $7.92 million in non-current loans and owned real-estate with $11.69 million in equity and loan loss allowances on hand to cover it. This gives ProGrowth Bank a Texas Ratio of 67.77% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for ProGrowth Bank held steady from 70.80% as of September 30, 2010 to 67.77% as of September 30, 2011, resulting in a positive change of 4.28%.This indicates that the balance sheet and financial strength for ProGrowth Bank has held steady in recent periods. | | Deposit Growth |  | | In the past year, ProGrowth Bank has decreased its total deposits by -$10.44 million, resulting in -9% 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 ProGrowth Bank has shown is poor. | | 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. ProGrowth Bank has $131.7 million in assets with $11.69 million in equity, resulting in a capitalization level of 8.87%, which is average. |
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