Progressive Bank

Overview / Commentary
1411 North 19th Street
Monroe, LA 71201

Progressive Bank is headquartered in Monroe and is the 20th largest bank in the state of Louisiana. It is also the 1,171st largest bank in the nation. It was established in 1975 and as of June of 2020, it had grown to 133 employees at 9 locations. Progressive Bank has an A health rating.


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Health Grade Components

FDIC Certificate #22139
Year Established1975
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.36%
Return on Equity - YTD3.71%
Annual Interest Income$12.8MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$735.3MM$564.2MM
LoansQ2 2020vs Q2 2019$533.5MM$436.5MM
DepositsQ2 2020vs Q2 2019$595.3MM$482.3MM
Equity CapitalQ2 2020vs Q2 2019$62.6MM$62.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$6.4MM$5.0MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$1.1MM$130.00K
Real Estate OwnedQ2 2020vs Q2 2019$112.00K$145.00K
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Progressive Bank Checking Account Rates

2.25%*-$25kRewards Interest Checking
OTHER TIERS: 0.25% $25k+

Progressive Bank Locations
Lamy Lane Financial Center Branch1380 Lamy LaneMonroe, LA 71201
Progressive Bank1411 North 19th StreetMonroe, LA 71201
Airline Financial Center2600 Beene BlvdBossier City, LA 71111
Winnsboro Branch301 Fair AvenueWinnsboro, LA 71295
West Monroe Financial Center Branch3421 Cypress StreetWest Monroe, LA 71291
Trenton Branch701 Trenton StreetWest Monroe, LA 71291
Fern Avenue Financial Center8550 Fern AvenueShreveport, LA 71105
Youree Drive Financial Center4523 Youree DriveShreveport, LA 71105
Ellerbe Road Financial Center9405 Ellerbe RoadShreveport, LA 71106

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