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 3,225th largest bank in the nation. It was established in 1918 and as of September 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%
Return on Equity - YTD8.1%
Annual Interest Income$6.5MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$163.1MM$159.9MM
LoansQ3 2019vs Q3 2018$122.7MM$127.3MM
DepositsQ3 2019vs Q3 2018$141.1MM$132.7MM
Equity CapitalQ3 2019vs Q3 2018$20.6MM$20.2MM
Loan Loss AllowanceQ3 2019vs Q3 2018$1.0MM$1.1MM
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$2.0MM$2.6MM
Real Estate OwnedQ3 2019vs Q3 2018$785.00K$1.0MM

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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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