Progressive National Bank
300 Washington Ave, Mansfield, LA 71052
Financial Overview
Financial Health Analysis
Progressive National Bank is a currently active all other under 1 billion banking institution headquartered in Mansfield, Louisiana. Established in 03/28/1983, this institution operates under regulatory supervision and is fully insured by the FDIC.
As a financial institution, Progressive National Bank manages $124.0M in total assets and holds $111.0M in customer deposits. When evaluating the stability of Progressive National Bank, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 10.19%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.
In terms of operational efficiency, the bank's Return on Assets (ROA) is 1.19%, while its Return on Equity (ROE) sits at 11.67%. These robust metrics contribute to an overall health score of 10.0 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$18.5M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: WWW.PROGRESSIVENATIONAL.COM
FDIC Certificate #: 24443
Specialization: All Other Under 1 Billion