Provident Bancorp, INC /MD/ 10-Q quarterly reports
Quarterly reports, with unaudited financial statements and management’s discussion of the quarter just ended.
Provident Bancorp, Inc. announced significantly improved third-quarter and year-to-date financial results, driven by reduced interest expenses and a credit loss benefit, as its merger with NB Bancorp nears completion.
Provident Bancorp, Inc. reports a significant return to profitability in Q2 2025, driven by improved net interest income and a gain from a sale/leaseback transaction, amidst ongoing merger proceedings with NB Bancorp.
10-Q: Provident Bancorp Reports Q1 2025 Earnings: Net Income Declines Amid Balance Sheet Transformation
Provident Bancorp's Q1 2025 net income decreased to $2.2 million, impacted by a strategic balance sheet transformation and a reduction in higher-yielding enterprise value loans.
10-Q: Provident Bancorp Reports Mixed Q3 Results Amidst Loan Portfolio Shift and Regulatory Scrutiny
Provident Bancorp's Q3 2024 results show a decrease in net income due to increased credit loss provisions, despite a strategic shift in their loan portfolio and a reduction in non-interest expenses.
Provident Bancorp, Inc. reported a net loss for the second quarter of 2024, primarily due to a significant increase in credit loss provisions.
Provident Bancorp, Inc. reported a significant increase in net income for Q1 2024, driven by a strategic shift towards traditional banking and reduced exposure to higher-risk areas.