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3756 Central Ave
Riverside, CA 92506

Provident Savings Bank, F.S.B. is headquartered in Riverside and is the 50th largest bank in the state of California. It is also the 598th largest bank in the nation. It was established in 1956 and as of March of 2014, it had grown to 504 employees at 15 locations. Provident Savings Bank, F.S.B.'s savings rates are 92% higher than the national average, and it has a B+ health rating.

Reviews (1)

Afraid Of Growth

Provident is forgetting about community development; seems afraid of its shadow; this is the time for growth but it is afraid to even take two steps forward.  California is on the leading edge of leading the nation in economic growth, but Provident unfortunately does not see it.  It is becoming too cautious, too reactionary.  Losing its vision.  It is forgetting its grassroots beginning.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Provident Savings Bank, F.S.B. had $20.45 million in non-current loans and owned real-estate with $154.72 million in equity and loan loss allowances on hand to cover it. This gives Provident Savings Bank, F.S.B. a Texas Ratio of 13.22% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Provident Savings Bank, F.S.B. decreased slightly from 14.81% as of March 31, 2013 to 13.22% as of March 31, 2014, resulting in a positive change of 10.73%.This indicates that the balance sheet and financial strength for Provident Savings Bank, F.S.B. has improved slightly in recent periods.

Deposit Growth


In the past year, Provident Savings Bank, F.S.B. has decreased its total deposits by -$26.81 million, resulting in -2.84% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Provident Savings Bank, F.S.B. has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Provident Savings Bank, F.S.B. has $1.13 billion in assets with $154.72 million in equity, resulting in a capitalization level of 13.75%, which is excellent.

Institution Statistics

FDIC Certificate #30879
Year Established1956
Primary RegulatorOCC
Assets and Liabilities
Assets$1.13 billion
Loans$874.19 million
Deposits$918.04 million
Equity Capital$144.69 million
Loan Loss Allowance$10.02 million
Unbacked Noncurrent Loans$18.05 million
Real Estate Owned$2.41 million
Historic Data - March 2013
Assets$1.22 billion
Equity Capital$154.14 million
Loan Loss Allowance$16.83 million
Unbacked Noncurrent Loans$18.05 million
Real Estate Owned$2.23 million
Profit Margin - Quarterly
Net Interest Margin2.83%
Return on Assets0.54%
Return on Equity4.2%
Interest Income$9.32 million

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Provident Savings Bank, F.S.B. Savings Account Rates

1.00%--Young Investors of Provident
0.20%$50k-Savings Plus
0.10%--Basic Savings
0.10%--Business Savings Account

Provident Savings Bank, F.S.B. Money Market Rates

0.25%$50k-Money Market Plus
0.20%$50k-Money Market Passbook

Provident Savings Bank, F.S.B. Checking Account Rates

0.35%$100k-Corporate Interest Checking
0.30%$50k-Business Cash Management
0.25%--Community Advantage Checking
0.15%$25k-Gold Advantage
0.15%$25k-Asset Management Account
0.05%$2,500-Value Plus
0.05%$2k-Business Interest Checking

Provident Savings Bank, F.S.B. CD Rates

1.90%$25k-5 Year CD Plus Special
1.65%$25k-5 Year CD
1.45%$25k-4 Year CD Plus Special
1.20%$25k-4 Year CD
1.00%$25k-3 Year CD Plus Special
0.75%$25k-3 Year CD
0.70%$25k-2 Year CD Plus Special
0.60%$25k-17 Month CD Special 2010
0.45%$25k-2 Year CD
0.45%$25k-1 Year CD Plus Special
0.20%$25k-1 Year CD
0.15%$50k-3 Month CD
0.15%$25k-6 Month CD

Provident Savings Bank, F.S.B. has 15 locations. Click to view all Provident Savings Bank, F.S.B. locations.