# PROGRESSIVE BANK NA
WHEELING, WV · FDIC certificate 10002 · asset band $300M-1B · latest filing 2018-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $338.2M | |
| Deposits | $283.6M | |
| Loans and leases | $98.3M | |
| Total equity | $29.5M | |
| Loans / deposits | 34.02% (p2 of band) | 84.92% |
| Liquid assets / assets | 65.87% (p98 of band) | |
| Uninsured deposits / deposits | 11.91% (p14 of band) | 21.35% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 7.33% (p56 of band) | |
| FHLB advances / assets | 0.64% | |
| Tier 1 leverage | 9.25% (p24 of band) | 10.35% |
| Unrealized securities loss / equity | -21.81% (p1 of band) | -2.32% |
| AOCI / equity | -7.53% (p2 of band) | |
| ROA (annualized) | 0.44% (p9 of band) | 1.05% |
| Net interest margin | 2.76% (p6 of band) | 3.67% |
| Efficiency ratio | 82.79% (p89 of band) | |
| Noncurrent loans | 2.49% (p94 of band) | 0.55% |
| Net charge-offs (annualized) | 0.00% (p33 of band) | |
| Reserve coverage of noncurrent | 72.30% | |
| Real estate % of loans | 78% | |
| Construction % of loans | 2.01% (p5 of band) | |
| Auto loans | $1.9M (1.91% of loans; DQ 0.74%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | -0.6% | |
| Employees | 86 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | capital falling |  |
| 2012-09 | 1 |  | capital falling |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 2 | capital falling |  |
| 2013-09 | 1 |  | reserve under noncurrent |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-12 | 1 |  | deposits shrinking, assets shrinking |
| 2015-03 | 0 |  | uninsured deposits leaving |
| 2015-06 | 2 | expense ratio p90, uninsured deposits leaving |  |
| 2015-09 | 3 | capital falling, reserve under noncurrent | uninsured deposits leaving |
| 2015-12 | 3 | noncurrent p90 | expense ratio p90 |
| 2016-03 | 4 | expense ratio p90, NIM <2.5% | capital falling |
| 2016-06 | 3 |  | NIM <2.5% |
| 2016-09 | 4 | NIM <2.5% |  |
| 2016-12 | 2 |  | noncurrent p90, NIM <2.5% |
| 2017-03 | 3 | capital falling |  |
| 2017-06 | 5 | noncurrent p90, charge-offs p90 |  |
| 2017-09 | 4 |  | capital falling |
| 2017-12 | 4 |  |  |
| 2018-03 | 2 |  | expense ratio p90, charge-offs p90 |

## In the news (Google News, unfiltered, newest first; check the city)

- 2003-05-14 [Obituary information for Ben R. Honecker - kepnerfuneral.com](https://news.google.com/rss/articles/CBMic0FVX3lxTE1jMVNlYXJYWjhtRm9wSlFfSDQtRllPMzhzUmxlRHJfTnFxWUxNQk9QdllqLVBTRDhTMm5sMzI1bUtvOWwtVkJTZlJ4clBxS0o1eVBvbnBBXzlSLUZoRHF4ejZTbjl5NVZiclF3d1VOejlKbTA?oc=5) · kepnerfuneral.com
- 2020-01-10 [O’Brien resigns, McCune succeeds him at Community Bank - Observer-Reporter](https://news.google.com/rss/articles/CBMipwFBVV95cUxOVnR2OHp5Z1h5VDk5MEpMMkxnU0NVejJRZjFYYjgxQ3BnSldmVG9ETzdYX3dnbExiSFF6cGpZYy1HbFpTRmxLa2YyU2FMakJxMkNLblc1SWhlZnIzdlJtRHRNNkhPdU9nbU9KOFBsb0owQl9ZMVJQSHROUndvc1RHdUV3WUFUSFl1b1RjV3FjSGpMNjBOVXVxdTU5STVmNHF3cGlWQ1dmUQ?oc=5) · Observer-Reporter
- 2020-06-27 [Longtime exec banking on consulting firm he started - Observer-Reporter](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQeFVYN1pweWN5WE5fUkFJVjhlTXdnaDRSQTJqd2VrMkVJWjBzU0lPNDR6dWxtODZ3SmVUTjN1QkxIZHI4RTZfTFdGSnFucGhZNVpWMDQzbHdVMGlwdU55WXFZOVV2aHhnMGJZTFFXTDJ3UXZuV1RVcTRvemtVeDFWa2N2Sng3TEdBam93YkRTejBsRFozQkRDSHVSTGpwc0dWVmwweW1TdFQteFE?oc=5) · Observer-Reporter

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10002 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/18.json (key "10002", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide