Vitals
  • Total Assets
    9.5B 6.6 %
  • Total Deposits
    6.6B 10.7 %
  • Total Net Loans
    6.9B 7.2 %
  • Net Income
    87.1M 5.1 %
  • Book Value
    1.2B 4.5 %
  • Book Value x2
    2.4B 4.5 %
  • Book Value x3
    3.5B 4.5 %
ROAA

.946

ROAE

7.537

Efficiency Ratio

57.152

Net Interest Margin

3.156

Balance Sheet Highlights
Financial Highlights Provident Bank All Insured Savings Banks in New Jersey
Balance Sheet $(000)
Total Assets 9,500,278 1,030,673
Total Net Loans 6,941,603 693,502
Total Deposits 6,609,947 776,139
Total Equity 1,177,263 127,082
Profitability
Net Income 87,109 6,133
Return on Average Assets .946 .346
Return on Average Equity 7.537 2.946
Net Interest Margin 3.156 2.689
Efficiency Ratio 57.152 79.014
Noninterest Income/Revenue 15.092 9.624
Balance Sheet Ratios
Loan-to-Deposit 105.018 79.002
Securities/Assets .161 .199
Total Equity/Total Assets .124 .123
Tangible Equity/Tangible Assets .079 .117
Capital Adequacy
Tier 1 Common Capital 760,708 122,005
Tier 1 Capital 760,708 122,005
Tier 2 Capital 62,035 5,602
Total Capital 822,743 127,603
Total Risk Weighted Assets 7,178,667 666,944
Leverage Ratio 8.42 11.596
Common Equity Tier 1 Capital Ratio 10.6 21.406
Tier 1 Capital Ratio 10.6 21.406
Total Capital Ratio 11.46 22.306

Timeline for Provident Bank

Bergen Avenue Realty Pa, Llc

Bergen Avenue Realty Pa, Llc became a new subsidiary organization for Provident Bank.

View Profile Mar 02 2015

Team Capital Bank

Acquisition: Provident Bank acquired a new subsidiary, Team Capital Bank, 10 years

View Profile May 31 2014

Bergen Delaware Realty, Llc

Bergen Delaware Realty, Llc became a new subsidiary organization for Provident Bank.

View Profile Apr 19 2012

Beacon Trust Company

Beacon Trust Company became a new subsidiary organization for Provident Bank.

View Profile Aug 11 2011

Beacon Global Assets Managment, Inc

Beacon Global Assets Managment, Inc became a new subsidiary organization for Provident Bank.

View Profile Aug 11 2011

Want to see more?

Complete timeline for Provident Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Team Capital Bank Seller 948,703 Acquisition Discontinued 5/31/2014
First Morris Bank And Trust Seller 563,852 Acquisition Discontinued 4/1/2007
First Savings Bank Seller 2,167,240 Acquisition Discontinued 7/15/2004
Belmont Associates, Inc. Seller Pooling of Interests Discontinued 12/24/1998
Monarch Bank, Fsb Seller 154,726 Pooling of Interests Discontinued 12/24/1998
Carteret Federal Savings Bank Of New Jersey Seller 1,306,203 Failure 3/11/1995
Mutual Aid Federal Savings And Loan Association Seller 52,856 Failure 8/17/1991
Suburban National Bank Seller 91,091 Failure 7/27/1991
Bloomfield Savings Bank Seller Discontinued 2/19/1983
The First National Bank Of Dunellen Seller 26,132 Discontinued 12/31/1977
Relationships Role Relationship Start Relationship End
Provident Financial Services, Inc. Parent 1/15/2003
Beacon Trust Company Subsidary 8/11/2011
Pfs Insurance Services, Inc Subsidary 6/30/2007
Dudley Investment Corporation Subsidary 6/30/2007
Bergen Avenue Realty, Llc Subsidary 3/27/2008
Bergen Delaware Realty, Llc Subsidary 4/19/2012
Bergen Avenue Realty Pa, Llc Subsidary 3/2/2015
Tpb Realty, Llc Subsidary 2/6/2006 6/5/2015
Beacon Global Assets Managment, Inc Subsidary 8/11/2011 4/1/2013
Pfs Insurance Services, Inc Subsidary 1/15/2003 6/29/2007
Dudley Investment Corporation Subsidary 1/15/2003 6/29/2007
Provident Mortgage Corporation Subsidary 1/15/2003 2/26/2004
Similar Organizations
Organization City State Total Assets
Northwest Bank
 		Warren PA 9.8B
United Bank
 		Vernon Rockville CT 6.5B
Emigrant Bank
 		New York NY 6.7B
Dime Community Bank
 		Brooklyn NY 5.8B
Apple Bank For Savings
 		Manhasset NY 12.9B
Ridgewood Savings Bank
 		Ridgewood NY 5.3B
Beneficial Bank
 		Philadelphia PA 5.6B
Salem Five Cents Savings Bank
 		Salem MA 4.1B
Oritani Bank
 		Township Of Washington NJ 3.8B
Bangor Savings Bank
 		Bangor ME 3.6B