Progressive National Bank: how it compares with its peers
Against 32 LA banks with half to twice its assets, Progressive National Bank's strongest measure in Q2 2026 is net interest margin (4.69% vs. a 4.22% peer median). Its weakest relative measure is assets per employee ($3.7M vs. $5.4M).
| Measure | Progressive National Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.10% | 1.15% | Middle third Ahead of 47% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.69% | 4.22% | Top third Ahead of 75% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 77.07% | 67.18% | Bottom third Ahead of 25% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.7M | $5.4M | Bottom third Ahead of 6% of peers |
| Loans to deposits Net loans and leases over total deposits. | 73.42% | 76.97% | Context |
What it means for lending operations
Its efficiency ratio of 77.07% is above the 67.18% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Hodge Bank & Trust Company Hodge, LA · $128M
- Bank of Louisiana New Orleans, LA · $110M
- Bank of Oak Ridge Oak Ridge, LA · $139M
- Beauregard Federal Savings Bank Deridder, LA · $106M
- Bank of Erath Erath, LA · $105M
- Vermilion Bank & Trust Company Kaplan, LA · $145M
Questions about Progressive National Bank
How big is Progressive National Bank?
Progressive National Bank, established in 1983, is headquartered in Mansfield, LA. It reported $123M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Progressive National Bank's return on assets?
1.10% annualized in Q2 2026, against a 1.15% median for 32 LA banks with half to twice its assets, ahead of 47% of them.
What is Progressive National Bank's efficiency ratio?
77.07% in Q2 2026: it spent about 77 cents in noninterest expense for each dollar of revenue. The peer median is 67.18%, and lower is better.
Is Progressive National Bank growing its loans?
Net loans shrank 3.0% over the year to Q2 2026, while deposits grew 5.2%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are LA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Louisiana bank ranked.