Citizens Progressive Bank

Overview / Commentary
3540 Front Street
Winnsboro, LA 71295

Citizens Progressive Bank is headquartered in Winnsboro and is the 75th largest bank in the state of Louisiana. It is also the 3,187th largest bank in the nation. It was established in 1918 and as of December of 2019, it had grown to 48 employees at 4 locations. Citizens Progressive Bank has a B+ health rating.


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Health Grade Components

FDIC Certificate #10531
Year Established1918
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.11%
Return on Equity - YTD8.97%
Annual Interest Income$8.6MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$165.3MM$160.4MM
LoansQ4 2019vs Q4 2018$120.1MM$123.0MM
DepositsQ4 2019vs Q4 2018$144.5MM$134.2MM
Equity CapitalQ4 2019vs Q4 2018$20.0MM$19.6MM
Loan Loss AllowanceQ4 2019vs Q4 2018$950.00K$1.1MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$2.1MM$2.5MM
Real Estate OwnedQ4 2019vs Q4 2018$603.00K$833.00K

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Citizens Progressive Bank Locations
Grayson Office Branch103 Hines StreetGrayson, LA 71435
Winnsboro Office Branch301 Main StreetColumbia, LA 71418
Citizens Progressive Bank3540 Front StreetWinnsboro, LA 71295
Rayville Branch1211 Louisa StreetRayville, LA 71269

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