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Overview / Commentary
256-319-3600
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 707th largest bank in the nation. It was established in 2008 and as of March of 2018, it had grown to 156 employees at 9 locations. Progress Bank (AL) has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #58719
Year Established2008
Employees156
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.79%
Return on Equity - YTD6.57%
Annual Interest Income$11.2MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$1.08B$735.0MM
LoansQ1 2018vs Q1 2017$856.9MM$564.4MM
DepositsQ1 2018vs Q1 2017$884.1MM$637.8MM
Equity CapitalQ1 2018vs Q1 2017$127.3MM$69.2MM
Loan Loss AllowanceQ1 2018vs Q1 2017$5.9MM$4.7MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$2.7MM$220.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$41.00K
Rates

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Locations


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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