Provident State Bank


Overview / Commentary
410-673-2401
312 Main Street
Preston, MD 21655

Provident State Bank is headquartered in Preston and is the 19th largest bank in the state of Maryland. It is also the 1,548th largest bank in the nation. It was established in 1904 and as of June of 2022, it had grown to 98 employees at 10 locations. Provident State Bank has a B+ health rating.

Reviews (1)

Provident State Bank, Preston

Posted by: |

Provident State Bank in Preston, their home office, sucks. I will be soon placing my accounts elsewhere, for the second time. I used this bank because it was convenient, they are no longer convenient, and most of their staff have major attitudes. Go elsewhere if you are looking for a good bank.



Health
B+

Health Grade Components

Overall
FDIC Certificate #8813
Year Established1904
Employees98
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.75%
Return on Equity - YTD8.99%
Annual Interest Income$9.4MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$580.6MM$570.4MM
LoansQ2 2022vs Q2 2021$368.0MM$372.7MM
DepositsQ2 2022vs Q2 2021$507.4MM$477.0MM
Equity CapitalQ2 2022vs Q2 2021$43.8MM$53.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$4.0MM$3.8MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$2.2MM$1.3MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Provident State Bank are currently being reviewed.

Locations


Cities: Cambridge, Denton, Easton, Federalsburg, Lewes, Preston, Ridgely, Salisbury, Secretary

Cambridge Branches
Cambridge Branch301 Crusader RoadCambridge, MD 21613

Denton Branches
Denton Branch209 Franklin StreetDenton, MD 21629

Easton Branches
Easton Branch8133 Elliott RoadEaston, MD 21601
Harrison Street - Easton Branch142 N. Harrison StreetEaston, MD 21601

Federalsburg Branches
Federalsburg Branch325 Bloomingdale AveFederalsburg, MD 21632

Lewes Branches
Lewes Branch Office18467 Coastal HighwayLewes, DE 19958

Preston Branches
Provident State Bank, Inc.312 Main StPreston, MD 21655

Ridgely Branches
Ridgely Branch1 West Belle StreetRidgely, MD 21660

Salisbury Branches
Salisbury Branch Office913 Mount Hermon RoadSalisbury, MD 21801

Secretary Branches
Secretary Branch141 Main StreetSecretary, MD 21664

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