Overview / Commentary
BankProv was founded in 1828 as The Provident Bank and exists today as the 10th oldest bank in the country. BankProv is a future-ready commercial bank for corporate clients, specializing in offering adaptive and technology-first banking solutions to niche markets, including cryptocurrency, renewable energy, fin-tech and enterprise value lending with a focus on search fund loans.
Health
A+
Data as of Q3 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 90141 |
| Year Established | 1828 |
| Employees | 176 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.07% |
| Return on Equity - YTD | 8.77% |
| Annual Interest Income | $48.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2021vs Q3 2020 | $1.62B$1.50B |
| Loans | Q3 2021vs Q3 2020 | $1.32B$1.34B |
| Deposits | Q3 2021vs Q3 2020 | $1.38B$1.22B |
| Equity Capital | Q3 2021vs Q3 2020 | $198.7MM$178.2MM |
| Loan Loss Allowance | Q3 2021vs Q3 2020 | $18.1MM$17.8MM |
| Unbacked Noncurrent Loans | Q3 2021vs Q3 2020 | $3.0MM$25.2MM |
| Real Estate Owned | Q3 2021vs Q3 2020 | $0$0 |