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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 9th largest bank in the state of Alabama. It is also the 735th largest bank in the nation. It was established in 2008 and as of June of 2017, it had grown to 151 employees at 8 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
Employees151
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD7.09%
Annual Interest Income$13.3MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$1.02B$655.8MM
LoansQ2 2017vs Q2 2016$830.2MM$512.1MM
DepositsQ2 2017vs Q2 2016$851.4MM$555.2MM
Equity CapitalQ2 2017vs Q2 2016$118.7MM$66.4MM
Loan Loss AllowanceQ2 2017vs Q2 2016$4.7MM$4.5MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$488.00K$410.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$4.7MM
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Progress Bank and Trust CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$10k-18 Months CD Special
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