Name | Value |
---|---|
Revenues | 16.3M |
Cost of Revenue | 0.0M |
Gross Profit | 16.3M |
Operating Expense | -11.4M |
Operating I/L | 4.9M |
Other Income/Expense | -1.7M |
Interest Income | 22.9M |
Pretax | 4.9M |
Income Tax Expense | 1.5M |
Net Income/Loss | 3.5M |
Provident Bancorp, Inc. operates as a bank holding company for The Provident Bank, offering a range of financial services to individuals and small businesses in the United States. Its services include various deposit accounts, such as checking, savings, and certificates of deposit, as well as a variety of loan products, including commercial real estate, residential mortgages, and consumer loans. The company also invests in securities and bonds. With multiple branch offices and loan production offices, Provident Bancorp generates revenue through interest income from loans and investments, as well as fees from its banking services.