Vitals
  • Total Assets
    295.3M 14.5 %
  • Total Deposits
    266.5M 15.4 %
  • Total Net Loans
    212.1M 17.2 %
  • Net Income
    2.0M 32.9 %
  • Book Value
    26.3M 8.8 %
  • Book Value x2
    52.6M 8.8 %
  • Book Value x3
    78.9M 8.8 %
ROAA

.728

ROAE

7.976

Efficiency Ratio

84.432

Net Interest Margin

4.069

Balance Sheet Highlights
Financial Highlights Progressive Savings Bank All Insured Commercial Banks in Tennessee
Balance Sheet $(000)
Total Assets 295,292 350,717
Total Net Loans 212,102 240,957
Total Deposits 266,536 296,573
Total Equity 26,288 37,152
Profitability
Net Income 2,015 3,593
Return on Average Assets .728 .956
Return on Average Equity 7.976 8.82
Net Interest Margin 4.069 4.036
Efficiency Ratio 84.432 69.386
Noninterest Income/Revenue 29.885 17.129
Balance Sheet Ratios
Loan-to-Deposit 79.577 77.925
Securities/Assets .072 .166
Total Equity/Total Assets .089 .106
Tangible Equity/Tangible Assets .088 .103
Capital Adequacy
Tier 1 Common Capital 25,847 35,983
Tier 1 Capital 25,847 36,157
Tier 2 Capital 1,520 2,649
Total Capital 27,367 38,803
Total Risk Weighted Assets 243,516 253,332
Leverage Ratio 9.05 10.564
Common Equity Tier 1 Capital Ratio 10.61 15.215
Tier 1 Capital Ratio 10.61 15.278
Total Capital Ratio 11.24 16.362

Timeline for Progressive Savings Bank

Progressive Financial Group, Inc.

Progressive Financial Group, Inc. became a new parent organization for Progressive Savings Bank.

View Profile Oct 17 2016

Progressive Savings Bank

Progressive Savings Bank was established 43 years ago and is currently headquartered in Jamestown, TN.

Jun 06 1980
Relationships Role Relationship Start Relationship End
Progressive Financial Group, Inc. Parent 10/17/2016
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