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Progrowth Bank: Deposit Base

Data as of · Call Report Schedules RC-E and RC-O How we update

How the bank is funded. Core deposits are the stable, mostly-insured relationship money; brokered and uninsured balances are the fastest to leave. The 2023 regional bank failures were runs on uninsured deposits, which is why that share now gets read first.

Noninterest-bearing share of deposits climbed 0.92 percentage points in Q2 2026, from 7.79% to 8.72%. It was the largest change from Q1 2026 among the key lines here. Within Minnesota, Progrowth Bank is 70th of 221 on total deposits, $327.1M as of Q2 2026, above the middle of the field. Progrowth Bank reported $327.1M on total deposits for Q2 2026, 18% above the $277.3M median for banks in the $100M-1B asset tier.

Deposit totals

Deposit totals for Progrowth Bank, Q2 2026
Line item Q2 2026
Total deposits $327.1M
Domestic office deposits $327.1M
Foreign office deposits —
Deposits to total assets 89.68%
Deposits to total liabilities 94.85%

Deposit composition

Deposit composition for Progrowth Bank, Q2 2026
Line item Q2 2026
Demand deposits $23.8M
Savings deposits $5.4M
Transaction accounts to domestic deposits 17.63%
Time deposits $59K
Time deposits under $100k $127.7M
Time deposits $100k to $250k $44.7M
Time deposits over $250k $21.2M
Noninterest-bearing share of deposits 8.72%

Stability of funding

Stability of funding for Progrowth Bank, Q2 2026
Line item Q2 2026
Core deposits $232.8M
Core deposits to total deposits 71.16%
Insured deposits —
Uninsured deposits —
Uninsured deposits to total deposits —
Brokered deposits $73.1M
Brokered deposits to total deposits 22.34%

Cost of deposits

Cost of deposits for Progrowth Bank, Q2 2026
Line item Q2 2026
Cost of interest-bearing deposits 3.38%
Interest expense on deposits $2.6M
Loans and leases to core deposits 26.52%

Deposit Base trend

Last 12 quarters as filed. Every value plotted here also appears in the tables above.

Total deposits
Core, uninsured and brokered shares
Cost of interest-bearing deposits

Deposit Base by quarter

Values plotted above, Progrowth Bank, oldest first
Quarter Total depositsCore depositsBrokered depositsCost of interest-bearing deposits
Q3 2023 $300.3M 56.49% 40.21% 2.57%
Q4 2023 $355.4M 55.76% 41.29% 2.82%
Q1 2024 $344.3M 55.00% 41.03% 3.07%
Q2 2024 $355.4M 53.21% 42.85% 3.15%
Q3 2024 $344.0M 57.76% 37.87% 3.66%
Q4 2024 $329.0M 63.33% 31.40% 3.36%
Q1 2025 $330.9M 63.54% 31.02% 3.26%
Q2 2025 $335.5M 65.28% 29.06% 3.37%
Q3 2025 $339.9M 66.64% 27.44% 3.44%
Q4 2025 $334.0M 68.41% 25.53% 3.43%
Q1 2026 $333.8M 70.51% 22.94% 3.33%
Q2 2026 $327.1M 71.16% 22.34% 3.38%

Progrowth Bank deposit base, all the way back

Deposit Base back to 2001 · peer percentiles on every line item · Excel export

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Source: Call Report Schedules RC-E and RC-O, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Progrowth Bank profile, peer group comparison, or how this data updates.

Regulator records: FDIC BankFind (cert 8536) · FFIEC NIC profile (RSSD 751254)