ADDED
As of August 25, 2025, there were 6,577,038 shares of the registrant s common stock issued and outstanding.
Business: 1 General 1 Subsequent Events 1 Market Area 2 Competition 2 Reportable Segments 3 Internet Website 3 Lending Activities 3 Loan Servicing 12 Asset Quality 12 Investment Securities Activities 17 Deposit Activities and Other Sources of Funds 19 Subsidiary Activities 23 Regulation 24 Taxation 32 Employees and Human Capital 33 Executive Officers 34 Item 1A.
Management s Discussion and Analysis of Financial Condition and Results of Operations: 49 General 50 Critical Accounting Estimates 51 Executive Summary and Operating Strategy 51 Comparison of Financial Condition at June 30, 2025 and 2024 53 Comparison of Operating Results for the Fiscal Years Ended June 30, 2025 and 2024 54 Average Balances, Interest and Average Yields/Costs 58 Rate/Volume Variance 59 Liquidity and Capital Resources 59 Item 7A.
At June 30, 2025, the Corporation had consolidated total assets of $1.25 billion, total deposits of $888.8 million and stockholders equity of $128.5 million.
The Foundation was funded with a $500,000 charitable contribution made by the Bank in fiscal 2006.
The Bank contributed $40,000 to the Foundation in both fiscal 2025 and 2024.
Subsequent Event On July 24, 2025, the Corporation announced that the Provident Board of Directors declared a cash dividend of $0.14 per share.
Shareholders of Provident common stock at the close of business on August 14, 2025 were entitled to receive the cash dividend, payable on September 4, 2025.
Management considers Southern California, including Riverside County, western San Bernardino County (collectively, the Inland Empire ), and surrounding counties, to be the Bank s primary market, with the Inland Empire its primary market area for deposits.
Based on the most recent FDIC data, the Bank was the largest independent community bank (based on total assets) headquartered in Riverside County and held the 11th largest deposit market share of all banks in the county, with the second largest share among community banks.
REMOVED
As of August 23, 2024, there were 6,862,888 shares of the registrant s common stock issued and outstanding.
Business: 1 General 1 Subsequent Events 1 Market Area 2 Competition 2 Reportable Segments 3 Internet Website 3 Lending Activities 3 Loan Servicing 12 Asset Quality 13 Investment Securities Activities 19 Deposit Activities and Other Sources of Funds 21 Subsidiary Activities 25 Regulation 26 Taxation 34 Employees and Human Capital 35 Executive Officers 36 Item 1A.
Management s Discussion and Analysis of Financial Condition and Results of Operations: 51 General 52 Critical Accounting Estimates 52 Executive Summary and Operating Strategy 53 Comparison of Financial Condition at June 30, 2024 and 2023 54 Comparison of Operating Results for the Fiscal Years Ended June 30, 2024 and 2023 55 Average Balances, Interest and Average Yields/Costs 59 Rate/Volume Variance 60 Liquidity and Capital Resources 60 Impact of New Accounting Pronouncements 62 Item 7A.
At June 30, 2024, the Corporation had consolidated total assets of $1.27 billion, total deposits of $888.3 million and stockholders equity of $129.9 million.
The Foundation was funded with a $500,000 charitable contribution made by the Bank in the fourth quarter of fiscal 2006.
The Bank contributed $40,000 to the Foundation in both fiscal 2024 and 2023.
Subsequent Event On July 25, 2024, the Corporation announced that the Provident Board of Directors declared a cash dividend of $0.14 per share.
Shareholders of Provident common stock at the close of business on August 15, 2024 were entitled to receive the cash dividend, payable on September 5, 2024.
Management considers Riverside and Western San Bernardino counties to be the Bank s primary market for deposits.
As of June 30, 2024, the Bank was the largest independent community bank headquartered in Riverside County and held the eighth largest deposit market share of all banks in the county, with the largest share among community banks.