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 Q1 2022
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 | 1.26% |
| Return on Equity - YTD | 10.74% |
| Annual Interest Income | $18.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $1.79B$1.55B |
| Loans | Q1 2022vs Q1 2021 | $1.46B$1.31B |
| Deposits | Q1 2022vs Q1 2021 | $1.54B$1.32B |
| Equity Capital | Q1 2022vs Q1 2021 | $208.1MM$188.3MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $19.3MM$19.0MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $1.9MM$7.5MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |