ProGrowth Bank is headquartered in NICOLLET and is the 59th largest bank in the state of Minnesota. It is also the 2,072nd largest bank in the nation. It was established in 1903 and as of September of 2024, it had grown to 30 employees at 4 locations. ProGrowth Bank has a B+ health rating.
Overall | |
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FDIC Certificate # | 8536 |
Year Established | 1903 |
Employees | 30 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.84% |
Return on Equity - YTD | 21.39% |
Annual Interest Income | $16.4MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $401.8MM$351.2MM |
Loans | Q3 2024vs Q3 2023 | $77.8MM$72.3MM |
Deposits | Q3 2024vs Q3 2023 | $344MM$300.3MM |
Equity Capital | Q3 2024vs Q3 2023 | $18.9MM$8.5MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $634K$646K |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $7K$18K |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
Rates for ProGrowth Bank are currently being reviewed.
ProGrowth Bank Locations | ||
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Progrowth Bank Branch | 120 North Augusta Court Suite 111 | Mankato, MN 56001 |
Progrowth Bank Branch | 320 Main Street | Gaylord, MN 55334 |
Progrowth Bank | 703 3rd St | Nicollet, MN 56074 |