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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 1,007th largest bank in the nation. It was established in 2008 and as of March of 2017, it had grown to 118 employees at 5 locations. Progress Bank and Trust has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #58719
Year Established2008
Employees118
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD7.44%
Annual Interest Income$6.4MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$735.0MM$659.8MM
LoansQ1 2017vs Q1 2016$564.4MM$482.9MM
DepositsQ1 2017vs Q1 2016$637.8MM$559.3MM
Equity CapitalQ1 2017vs Q1 2016$69.2MM$64.5MM
Loan Loss AllowanceQ1 2017vs Q1 2016$4.7MM$4.6MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$220.00K$575.00K
Real Estate OwnedQ1 2017vs Q1 2016$41.00K$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
Vestride Branch1360 Montgomery HighwayBirmingham, AL 35216
First Partners Bank Branch2121 Highland Avenue SouthBirmingham, AL 35205
Destin Florida Branch35008 Emerald Coast ParkwayDestin, FL 32541