Overview / Commentary
201 Williams Avenue
Huntsville, AL 35801

Progress Bank (AL) is headquartered in Huntsville and is the 9th largest bank in the state of Alabama. It is also the 681st largest bank in the nation. It was established in 2008 and as of September of 2018, it had grown to 165 employees at 9 locations. Progress Bank (AL) has an A+ health rating.


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Health Grade Components

FDIC Certificate #58719
Year Established2008
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD7.46%
Annual Interest Income$35.5MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$1.15B$1.03B
LoansQ3 2018vs Q3 2017$907.4MM$832.4MM
DepositsQ3 2018vs Q3 2017$924.3MM$835.1MM
Equity CapitalQ3 2018vs Q3 2017$140.3MM$124.4MM
Loan Loss AllowanceQ3 2018vs Q3 2017$6.0MM$5.0MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$285.00K$4.5MM
Real Estate OwnedQ3 2018vs Q3 2017$318.00K$56.00K

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Progress Bank (AL) Locations
Progress Bank and Trust201 Williams AvenueHuntsville, AL 35801
Grant Street Branch255 Grant StreetDecatur, AL 35601
Carl T. Jones Drive Branch2746 Carl T. Jones DriveHuntsville, AL 35802
Madison Branch8337 Highway 72Madison, AL 35758
Florence Branch230 East Tennessee StreetFlorence, AL 35630
Vestride Branch1360 Montgomery HighwayBirmingham, AL 35216
First Partners Bank Branch2121 Highland Avenue SouthBirmingham, AL 35205
Destin Florida Branch35008 Emerald Coast ParkwayDestin, FL 32541
Inlet Beach Branch12805 Us Highway 98 E, Building AInlet Beach, FL 32461

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