Provident State Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Provident State Bank is an independently owned community bank that was originally established on March 26, 1904 as the Provident Savings Bank of Preston, Maryland. The bank was opened primarily as a savings bank but opportunities quickly arose for the bank to better service the needs of its community. Thus, in 1912 the bank changed to a state bank to provide its customers with all of the benefits of a commercial bank.

In 1972 the Directors of Provident State Bank decided to expand from Preston and built their first branch in Secretary, Maryland. Over the next thirty five years the bank opened eight additional locations in the Mid Shore Area. Today Provident State Bank has eight banking locations in Caroline, Dorchester and Talbot counties.

Preston
312 Main Street/P.O. Box 219
Preston, Maryland 21655
Phone 410.673.2401

Easton
8133 Elliott Road
Easton, MD 21601
Phone 410.820.4181

Federalsburg
325 Bloomingdale Avenue
Federalsburg, Maryland 21632
Phone 410.754.2401

Branch Hours
Lobby
Monday - Thursday 9:00 am - 3:00 pm
Friday - 9:00 am - 6:00 pm

Drive Thru
Monday – Friday 8:00 am – 6:00 pm
Saturday 8:30 am - 12:00 pm