Vitals
  • Total Assets
    334.9M -3.0 %
  • Total Deposits
    275.7M -2.3 %
  • Total Net Loans
    95.3M -3.1 %
  • Net Income
    1.6M -36.3 %
  • Book Value
    32.8M -6.8 %
  • Book Value x2
    65.7M -6.8 %
  • Book Value x3
    98.5M -6.8 %
ROAA

.458

ROAE

4.327

Efficiency Ratio

85.897

Net Interest Margin

2.722

Balance Sheet Highlights
Financial Highlights Progressive Bank, National Association All Insured Commercial Banks in West Virginia
Balance Sheet $(000)
Total Assets 334,873 360,672
Total Net Loans 95,295 251,469
Total Deposits 275,748 299,214
Total Equity 32,835 38,258
Profitability
Net Income 1,553 3,285
Return on Average Assets .458 .706
Return on Average Equity 4.327 6.418
Net Interest Margin 2.722 3.744
Efficiency Ratio 85.897 72.606
Noninterest Income/Revenue 8.831 20.548
Balance Sheet Ratios
Loan-to-Deposit 34.559 76.49
Securities/Assets .588 .175
Total Equity/Total Assets .098 .106
Tangible Equity/Tangible Assets .093 .096
Capital Adequacy
Tier 1 Common Capital 32,141 35,874
Tier 1 Capital 32,141 36,036
Tier 2 Capital 1,797 2,393
Total Capital 33,938 38,423
Total Risk Weighted Assets 145,987 244,928
Leverage Ratio 9.55 10.924
Common Equity Tier 1 Capital Ratio 22.02 18.341
Tier 1 Capital Ratio 22.02 18.347
Total Capital Ratio 23.25 19.449

Timeline for Progressive Bank, National Association

Progressive Bank, National Association-Buckhannon

Acquisition: Progressive Bank, National Association acquired a new subsidiary, Progressive Bank, National Association-Buckhannon, 20 years

View Profile Jun 28 2003

Progressive Bank, National Association-Bellaire

Acquisition: Progressive Bank, National Association acquired a new subsidiary, Progressive Bank, National Association-Bellaire, 26 years

View Profile Aug 23 1997

Wellsburg Banking And Trust Company

Acquisition: Progressive Bank, National Association acquired a new subsidiary, Wellsburg Banking And Trust Company, 31 years

View Profile Jan 04 1993

First West Virginia Bank, National Association - Community

Acquisition: Progressive Bank, National Association acquired a new subsidiary, First West Virginia Bank, National Association - Community, 39 years

View Profile Jun 30 1984

First West Virginia Bancorp, Inc.

First West Virginia Bancorp, Inc. became a new parent organization for Progressive Bank, National Association.

View Profile Jan 30 1975

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Complete timeline for Progressive Bank, National Association is available.

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Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Progressive Bank, National Association-Buckhannon Seller 40,765 Pooling of Interests Discontinued 6/28/2003
Progressive Bank, National Association-Bellaire Seller 20,034 Pooling of Interests Discontinued 8/23/1997
Wellsburg Banking And Trust Company Seller 20,214 Discontinued 1/4/1993
First West Virginia Bank, National Association - Community Seller 18,771 Discontinued 6/30/1984
Relationships Role Relationship Start Relationship End
First West Virginia Bancorp, Inc. Parent 1/30/1975
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