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 Q2 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 90141 |
| Year Established | 1828 |
| Employees | 170 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.96% |
| Return on Equity - YTD | 7.92% |
| Annual Interest Income | $31.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $1.58B$1.41B |
| Loans | Q2 2021vs Q2 2020 | $1.33B$1.27B |
| Deposits | Q2 2021vs Q2 2020 | $1.35B$1.17B |
| Equity Capital | Q2 2021vs Q2 2020 | $192.7MM$174.6MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $19.4MM$17.2MM |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $4.7MM$26.0MM |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |