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Overview / Commentary
256-319-3600
201 Williams Avenue
Huntsville, AL 35801

Progress Bank and Trust is headquartered in Huntsville and is the 13th largest bank in the state of Alabama. It is also the 1,009th largest bank in the nation. It was established in 2008 and as of December of 2016, it had grown to 116 employees at 5 locations. Progress Bank and Trust has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #58719
Year Established2008
Employees116
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD8.39%
Annual Interest Income$24.2MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$729.5MM$635.3MM
LoansQ4 2016vs Q4 2015$545.5MM$493.2MM
DepositsQ4 2016vs Q4 2015$635.4MM$540.2MM
Equity CapitalQ4 2016vs Q4 2015$67.5MM$63.0MM
Loan Loss AllowanceQ4 2016vs Q4 2015$4.4MM$4.5MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$75.00K$575.00K
Real Estate OwnedQ4 2016vs Q4 2015$9.00K$4.4MM
Rates

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Locations


Progress Bank and Trust 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