The Provident Bank is headquartered in JERSEY CITY and is the 2nd largest bank in the state of New Jersey. It is also the 86th largest bank in the nation. It was established in 1839 and as of March of 2025, it had grown to 1,798 employees at 144 locations. The Provident Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 12010 |
Year Established | 1839 |
Employees | 1798 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.21% |
Return on Equity - YTD | 9.92% |
Annual Interest Income | $305.3MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $24.26B$14.13B |
Loans | Q1 2025vs Q1 2024 | $18.75B$10.74B |
Deposits | Q1 2025vs Q1 2024 | $18.52B$10.15B |
Equity Capital | Q1 2025vs Q1 2024 | $2.98B$1.67B |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $191.8MM$106.4MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $101.7MM$47.5MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $6.8MM$11.3MM |
Rates for The Provident Bank are currently being reviewed.