Progressive National Bank
FDIC #24443
📍 Mansfield, Louisiana
Progressive National Bank is a commercial bank, national (federal) charter and fed member, supervised by the occ. established in March 28, 1983. With assets of $114.61 Million, it operates 6 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: February 7, 2022
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
February 7, 2022
Satisfactory
September 12, 2016
Outstanding
August 9, 2011
Satisfactory
💰 Financial Strength
Total Assets$114.61 Million
Total Deposits$101.66 Million
Equity Capital$12.41 Million
Net Income$1.08 Million
📈 Performance
ROA1.20%
ROE12.19%
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.
📋 Corporate Structure
EstablishedMarch 28, 1983
FDIC Cert24443
Holding CoCaldwell Holding Co
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredNo
📜 Institutional History
2022
Name Change
Name became: Changed Institution Name To Progressive National Bank.