Progress Bank and Trust, Financial Information

About Progress Bank and Trust

 Address:
201 Williams Avenue
Huntsville, AL
Madison County, Alabama
 Established:
Feb 2008
 Number of domestic offices:
10
Total assets$1,579M
Net income$18M
Net income, quarterly$5M
Total deposits$1,398M
Domestic deposits$1,398M
Equity capital$166M
ROA1.25%
ROAQ, quarterly1.24%
ROA, pretax1.24%
ROAQ, quarterly, pretax1.61%
ROE11.18%
ROEQ, quarterly11.89%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.