Provident Bancorp, Inc. (PVBC) financial statements (2020 and earlier)

Company profile

Business Address 5 MARKET STREET
AMESBURY, MA 01913
State of Incorp. MA
Fiscal Year End December 31
SIC 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments29481120
Cash and cash equivalents29481120
Total current assets:29481120
Noncurrent Assets
Property, plant and equipment16111212
Total noncurrent assets:16111212
Other undisclosed assets929844773711
TOTAL ASSETS:974902796743
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities848786686642
Total liabilities:848786686642
Stockholders' equity
Stockholders' equity attributable to parent126116109101
Treasury stock, value(1)(1)  
Additional paid in capital46454343
Deferred compensation equity(3)(3)(3)(3)
Accumulated other comprehensive income (loss)(0)132
Retained earnings83746660
Total stockholders' equity:126116109101
TOTAL LIABILITIES AND EQUITY:974902796743

Income statement (P&L) ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues41402824
Net investment income41332622
Financial services revenue722
Cost of revenue(3)(2)(2)(2)
Cost of goods and services sold (2)(2)(2)
Provision for loan, lease, and other losses(3)
Financial services costs  (1)
Gross profit:37382722
Operating expenses(4)(17)(15)(13)
Operating income:3321128
Nonoperating income
(Bank Owned Life Insurance Income)
11  
Interest and debt expense(5)(4)(3)(2)
Income from continuing operations before equity method investments, income taxes:291896
Other undisclosed income (loss) from continuing operations before income taxes(16)(2)0(1)
Income from continuing operations before income taxes:131595
Income tax expense(3)(7)(3)(1)
Net income attributable to parent:9864
Other undisclosed net loss available to common stockholders, basic   (0)
Net income available to common stockholders, diluted:9864

Comprehensive Income ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:9864
Other comprehensive income (loss)(1)(2)1(1)
Comprehensive income, net of tax, attributable to parent:8673

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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