First Progressive Bank
FDIC #22549
📍 Brewton, Alabama
First Progressive Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in November 10, 1977. With assets of $33.64 Million, it operates 1 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: August 19, 2024
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
August 19, 2024
Satisfactory
January 27, 2020
Satisfactory
November 16, 2015
Satisfactory
💰 Financial Strength
Total Assets$33.64 Million
Total Deposits$25.05 Million
Equity Capital$8.58 Million
Net Income$96,000
📈 Performance
ROA0.38%
ROE1.50%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📞 Contact & Location
Address312 Sowell St
Brewton, Alabama 36426
Brewton, Alabama 36426
📋 Corporate Structure
EstablishedNovember 10, 1977
FDIC Cert22549
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeDecember 7, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
9999
Relocation
Moved HQ to: 312 Sowell St, Brewton, AL 36426.