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Progrowth Bank
Nicollet, MN · FDIC Certificate #8536 · Chartered 01/0
Total assets
$364.79M
Total deposits
$327.13M
Total equity
$19.89M
Net loans
$80.48M
Branches (offices)
3
Net income (YTD)
-$2.14M
Rank: #2,183 of 4,213 U.S. banks by assets · #71 of 221 in Minnesota. Assets changed -12.3% and deposits -2.5% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | -1.12% |
| Return on equity | -21.58% |
| Net interest margin (YTD) | 1.60% |
| Equity to assets | 5.45% |
| Tier 1 leverage ratio | 7.09% |
| Uninsured deposits (share of deposits) | 13.1% |
| Noncurrent loans (share of loans) | 0.00% |
| Net charge-offs (share of loans) | -0.01% |
| Loans to deposits | 24.6% |
| Real estate loans (share of loans) | 77.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $61.94M | 77.0% | |
| Commercial & industrial | $8.99M | 11.2% | |
| Consumer / individual | $883.00K | 1.1% | |
| Construction & development | $3.99M | 5.0% | |
| Agricultural | $9.30M | 11.6% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $273.30M | $227.33M | $1.01M | $11.89M |
| Jun 2023 | $344.11M | $270.29M | $1.30M | $10.89M |
| Jun 2024 | $412.87M | $355.44M | $1.79M | $17.04M |
| Jun 2025 | $415.88M | $335.51M | $960.00K | $17.48M |
| Jun 2026 | $364.79M | $327.13M | -$2.14M | $19.89M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $327.13M | 3 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $327.13M.
Similar-sized banks
West View Savings Bank ($365.12M) · Marion Community Bank ($364.24M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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