Progressive National Bank of DeSoto Parish in Mansfield, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Progressive National Bank of DeSoto Parish - Overview

  • General
  • FDIC Certificate #: 24443
    Status: Active
    Federal Reserve ID: 675855
    Date Established: March 28, 1983
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 16990
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: March 28, 1983
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Washington Street, Mansfield, LA 71052
    County: De Soto
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Shreveport
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Shreveport-Bossier City-Minden, LA (#508)
    Core Based Statistical Area (CBSA): Shreveport-Bossier City, LA (#43340)
    CBSA Metro Statistical Area: Shreveport-Bossier City, LA (#43340)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $35.5 mil
    Equity capital: $2.8 mil
    Deposits held in domestic offices: $32.6 mil
    Return on assets (ROA): 0.43% ($0.2 mil)
    Quarterly return on assets: 0.34% ($0.1 mil)
    Return on Equity (ROE): 5.29% ($0.2 mil)
    Quarterly return on equity: 4.13% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.67% ($237.8 mil)
    Quarterly Pretax return on assets: 0.90% ($319.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $35,497Total assets
  • $8,646Cash and due from depository institutions
  • $7,538Interest-bearing balances
  • $9,130Securities
  • $206Federal funds sold & reverse repurchase agreements
  • $15,320Net loans & leases
  • $155Loan loss allowance
  • $0Trading account assets
  • $1,555Bank premises and fixed assets
  • $60Other real estate owned
  • $23Goodwill and other intangibles
  • $35,497Life insurance assets
  • $557All other assets
  • $32,679Total liabilities and capital
  • $32,631Total liabilities
  • $24,762Total deposits
  • $32,631Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $48Subordinated debt
  • $2,818All other liabilities
  • $2,818Total equity capital
  • $2,818Total bank equity capital
  • $0Perpetual preferred stock
  • $1,487Common stock
  • $1,904Surplus
  • $-573Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $102Income earned, not collected on loans
  • $0Earning assets
  • $164Long-term assets (5+ years)
  • $32,194Average Assets, year-to-date
  • $10,256Average Assets, quarterly
  • $33,406Volatile liabilities
  • $34,589Insider loans
  • $16,621FHLB advances
  • $34,876Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,791Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $619Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,411Total interest income
  • $190Total interest expense
  • $1,221Net interest income
  • $15Provision for loan and lease losses
  • $502Total noninterest income
  • $0Fiduciary activities
  • $148Service charges on deposit accounts
  • $0Trading account gains & fees
  • $354Additional noninterest income
  • $1,446Total noninterest expense
  • $751Salaries and employee benefits
  • $182Premises and equipment expense
  • $513Additional noninterest expense
  • $262Pre-tax net operating income
  • -$38Securities gains (losses)
  • $81Applicable income taxes
  • $143Income before extraordinary items
  • $0Extraordinary gains - net
  • $143Net income attributable to bank
  • $0Net charge-offs
  • $143Cash dividends
  • $18Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.70%Yield on earning assets
  • 0.63%Cost of funding earning assets
  • 4.07%Net interest margin
  • 1.67%Noninterest income to earning assets
  • 4.82%Noninterest expense to earning assets
  • 0.50%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.67%Pretax return on assets
  • 5.29%Return on equity (ROE)
  • 5.29%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 83.33%Credit loss provision to net charge-offs
  • 15.39%Efficiency ratio
  • 83,923Assets per employee
  • 2.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 151.96%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 46.95%Net loans and leases to core deposits
  • 52.07%Equity capital to assets
  • 7.94%Core capital (leverage) ratio
  • 8.00%Tier 1 risk-based capital ratio
  • 16.79%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $33,406Average earning assets
  • $2,704Average equity
  • $29,992Average loans

List of branches

  • 3 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016990Progressive National Bank Of Desoto300 Washington Street, Mansfield, LA 71052March 28, 1983Full Service Brick and Mortar
    1363646Stonewall Branch5258 Highway 3276, Stonewall, LA 71078May 08, 2002Full Service Brick and Mortar
    3438863Bert Kouns Branch3000 Bert Kouns-Industrial Loop, Shreveport, LA 71118Febuary 07, 2005Full Service Brick and Mortar

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