The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net interest income after provision for credit losses | - | 198,624 | - | - |
| Wealth management income | - | 7,627 | - | - |
| Insurance agency income | - | 3,854 | - | - |
| Other non-interest income | - | 16,831 | - | - |
| Total non-interest income | - | 28,312 | - | - |
| Compensation and employee benefits | - | 64,316 | - | - |
| Net occupancy expense | - | 13,078 | - | - |
| Data processing expense | - | 9,110 | - | - |
| Other non interest expense | - | 28,186 | - | - |
| Total non-interest expense | - | 114,690 | - | - |
| Income tax expense | - | 28,815 | - | - |
| Net income | 79,417 | 83,431 | 71,720 | 136,009 |
| Depreciation and amortization expense | 11,826 | 11,938 | 13,067 | 26,312 |
| Provision for credit losses on loans and securities | -4,651 | 1,946 | 4,499 | -2,319 |
| Provision charge (benefit) for credit losses on off-balance sheet credit exposures | 2,535 | -3,159 | 2,545 | 69 |
| Deferred tax expense | 4,674 | 10,569 | 6,739 | 7,153 |
| Amortization of operating lease right-of-use assets | 3,671 | 3,828 | 3,352 | 7,015 |
| Income on bank-owned life insurance | 4,034 | 2,790 | 2,662 | 4,678 |
| Net amortization of premiums and discounts on securities | -3,729 | -4,255 | -3,986 | -8,449 |
| Accretion of net deferred loan fees | 2,019 | 2,228 | 1,832 | 3,012 |
| Amortization of premiums on purchased loans, net | 78 | 88 | 58 | 129 |
| Originations of loans held for sale | 14,067 | 23,692 | 26,224 | 36,107 |
| Loans transferred to held for sale | - | 0 | - | - |
| Proceeds from sales of loans originated for sale | 18,405 | 22,864 | 15,371 | 170,708 |
| Esop expense | - | 0 | 0 | 0 |
| Allocation of stock award expense | 2,737 | 3,029 | 2,606 | 4,802 |
| Net loss (gain) on sale of foreclosed assets | - | 0 | 0 | -11 |
| Allocation of stock option expense | 0 | 0 | 0 | 17 |
| Net gain on sale of loans | 967 | 1,143 | 965 | 1,760 |
| Net (gain) loss on securities transactions | 0 | 690 | 66 | 87 |
| Net gain on sale of premises and equipment | 1,182 | 0 | 57 | 624 |
| Increase in accrued interest receivable | 1,928 | 1,151 | 1,933 | 1,554 |
| (increase) decrease in other assets | 2,953 | 39,593 | -1,409 | -25,106 |
| Decrease in other liabilities | -10,619 | 1,446 | 6,421 | -60,357 |
| Cash received, net of cash consideration paid for acquisition | - | 0 | 0 | 0 |
| Net cash provided by operating activities | 84,652 | 68,948 | 98,034 | 275,282 |
| Net (increase) in loans | 139,811 | 216,552 | 181,555 | 419,566 |
| Purchases of loans | 0 | 0 | 0 | 321 |
| Proceeds from sales of loans held for investment | - | 0 | - | - |
| Proceeds from sales of foreclosed assets | - | 0 | 5,779 | 0 |
| Proceeds from maturities, calls and paydowns of held to maturity debt securities | 15,180 | 11,613 | 18,962 | 29,424 |
| Purchases of investment securities held to maturity | 842 | 1,783 | 2,566 | 10,928 |
| Proceeds from sales of available for sale debt securities | 0 | 0 | 0 | 1,670 |
| Proceeds from maturities, calls and paydowns of available for sale debt securities | 101,343 | 165,210 | 103,685 | 242,868 |
| Purchases of available for sale debt securities | 190,450 | 164,304 | 192,755 | 430,010 |
| Proceeds from redemption of federal home loan bank stock | 101,676 | 110,284 | 83,423 | 185,663 |
| Purchases of federal home loan bank stock | 118,499 | 106,420 | 75,953 | 199,917 |
| Boli claim benefits received | 0 | 0 | 0 | 906 |
| Proceeds from sales of premises and equipment | 2,709 | 0 | 0 | 2,348 |
| Purchases of premises and equipment | 3,694 | 4,865 | 1,326 | 5,348 |
| Net cash (used in) investing activities | -232,388 | -206,817 | -242,306 | -603,211 |
| Net decrease in deposits | -178,381 | 182,439 | 387,720 | 84,711 |
| Increase in mortgage escrow deposits | 8,057 | -6,002 | -4,036 | 8,044 |
| Proceeds from long-term borrowings | - | - | 50,000 | 504,500 |
| Cash dividends paid to stockholders | 31,368 | 31,336 | 31,348 | 63,223 |
| Proceeds from subordinated debentures | - | 0 | 0 | 0 |
| Purchase of treasury stock | 10,255 | 0 | - | - |
| Purchase of employee restricted shares to fund statutory tax withholding | 2,138 | 7 | 25 | 2,842 |
| Stock options exercised | 1,396 | 0 | - | - |
| Proceeds from long-term borrowings | 50,000 | 150,000 | - | - |
| Payments on long-term borrowings | 2,790 | -40 | 24,700 | 327,702 |
| Net increase in short-term borrowings | 323,814 | 307,105 | -190,650 | 177,427 |
| Net cash provided by financing activities | 158,335 | 47,739 | 186,961 | 380,915 |
| Net increase in cash and cash equivalents | 10,599 | -90,130 | 42,689 | 52,986 |
| Cash and cash equivalents at beginning of period | 209,057 | - | - | - |
| Restricted cash at beginning of period | 2,427 | - | - | - |
| Cash and cash equivalents at end of period | 222,083 | - | - | - |
| Cash and cash equivalents at beginning of period | - | - | 205,939 | - |
| Restricted cash at end of period | 0 | - | - | - |
| Total cash, cash equivalents and restricted cash at beginning of period | 222,083 | - | 301,614 | - |
PROVIDENT FINANCIAL SERVICES INC (PFS)
PROVIDENT FINANCIAL SERVICES INC (PFS)