Take any "standard" mathematical logic textbook, e.g. :
Dirk van Dalen, Logic and Structure (5th ed - 2013), page 7 :
Definition 2.1.1 The language of propositional logic has an alphabet consisting of :
(i) proposition symbols: $p_0, p_1, p_2,$ . . .,
(ii) connectives: ∧,∨,→,¬,↔,⊥,
(iii) auxiliary symbols: ( , ).
[...] The proposition symbols and $\bot$ stand for the indecomposable propositions, which we call atoms, or atomic propositions.
Definition 2.1.2 The set $PROP$ of propositions is the smallest set $X$ with the properties :
(i) $p_i \in X (i \in \mathbb N), \bot \in X$,
(ii) if $ϕ,ψ \in X$, then $(ϕ ∧ ψ), (ϕ ∨ ψ), (ϕ→ψ), (ϕ↔ψ) \in X$,
(iii) if $ϕ \in X$, then $(¬ϕ) \in X$.
With this definition, we have that a single proposition symbol $p_i$ can be a proposition but, translating into your terminology, a "complex" expression, like $(p_i \land p_j)$ or $(\lnot p_i)$ is not a propositional letter (i.e.a propositional symbol) but a formula (i.e.a proposition).
Note. In order to give a positive answer to your problem, we have to modify the above definition excluding $\bot$.