2021 Q4 Form 10-K Financial Statement
#000177878422000008 Filed on March 24, 2022
Income Statement
Concept | 2021 Q4 | 2021 Q3 | 2021 |
---|---|---|---|
Revenue | $17.07M | $16.34M | $64.80M |
YoY Change | 3.54% | 7.63% | 7.28% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $270.0K | $260.0K | $870.0K |
YoY Change | -3.57% | -3.7% | -7.84% |
% of Gross Profit | |||
Operating Expenses | |||
YoY Change | |||
Operating Profit | |||
YoY Change | |||
Interest Expense | $647.0K | $832.0K | $3.370M |
YoY Change | -41.82% | -29.67% | -43.18% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $4.600M | $7.027M | $22.09M |
YoY Change | -22.95% | 57.56% | 33.01% |
Income Tax | $1.008M | $1.940M | $5.954M |
% Of Pretax Income | 21.91% | 27.61% | 26.95% |
Net Earnings | $3.589M | $5.087M | $16.14M |
YoY Change | -16.57% | 58.87% | 34.66% |
Net Earnings / Revenue | 21.03% | 31.14% | 24.9% |
Basic Earnings Per Share | $0.22 | $0.31 | $0.96 |
Diluted Earnings Per Share | $0.21 | $0.30 | $0.93 |
COMMON SHARES | |||
Basic Shares Outstanding | 16.48M | 16.64M | 16.77M |
Diluted Shares Outstanding | 17.18M | 17.24M | 17.30M |
Balance Sheet
Concept | 2021 Q4 | 2021 Q3 | 2021 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $153.1M | $191.2M | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | |||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $14.26M | $14.36M | $18.40M |
YoY Change | -3.11% | -2.29% | -3.16% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | |||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | |||
Total Long-Term Assets | |||
Total Assets | $1.729B | $1.625B | $1.729B |
YoY Change | 14.84% | 8.5% | 14.84% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $4.400M | $4.400M | $4.400M |
YoY Change | -2.22% | -2.22% | -2.22% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $4.400M | $4.400M | $4.400M |
YoY Change | -2.22% | -2.22% | -2.22% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $17.70M | $15.00M | $17.70M |
YoY Change | 22.07% | 21.95% | 22.07% |
Total Long-Term Liabilities | $17.70M | $15.00M | $17.70M |
YoY Change | 22.07% | 21.95% | 22.07% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.400M | $4.400M | $4.400M |
Total Long-Term Liabilities | $17.70M | $15.00M | $17.70M |
Total Liabilities | $1.496B | $1.394B | $1.496B |
YoY Change | 17.76% | 10.77% | 17.77% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $118.1M | $115.2M | |
YoY Change | 12.99% | 14.39% | |
Common Stock | $179.0K | $179.0K | |
YoY Change | -6.28% | -8.21% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $233.8M | $231.3M | $233.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.729B | $1.625B | $1.729B |
YoY Change | 14.84% | 8.5% | 14.84% |
Cashflow Statement
Concept | 2021 Q4 | 2021 Q3 | 2021 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $3.589M | $5.087M | $16.14M |
YoY Change | -16.57% | 58.87% | 34.66% |
Depreciation, Depletion And Amortization | $270.0K | $260.0K | $870.0K |
YoY Change | -3.57% | -3.7% | -7.84% |
Cash From Operating Activities | $6.320M | $8.260M | $24.31M |
YoY Change | 32.22% | 66.87% | 33.73% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$120.0K | -$110.0K | $412.0K |
YoY Change | -52.0% | -35.29% | -54.77% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$141.3M | $9.730M | -$155.3M |
YoY Change | -554.54% | -113.12% | -46.92% |
Cash From Investing Activities | -$141.4M | $9.620M | -$155.7M |
YoY Change | -558.76% | -112.94% | -56.8% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $2.560M | ||
YoY Change | 56.48% | ||
Common Stock Issuance & Retirement, Net | $18.35M | ||
YoY Change | 134.48% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 97.02M | 32.90M | 200.7M |
YoY Change | 12500.0% | -58.16% | -45.23% |
NET CHANGE | |||
Cash From Operating Activities | 6.320M | 8.260M | 24.31M |
Cash From Investing Activities | -141.4M | 9.620M | -155.7M |
Cash From Financing Activities | 97.02M | 32.90M | 200.7M |
Net Change In Cash | -38.05M | 50.78M | 69.30M |
YoY Change | -204.62% | 447.79% | 186.81% |
FREE CASH FLOW | |||
Cash From Operating Activities | $6.320M | $8.260M | $24.31M |
Capital Expenditures | -$120.0K | -$110.0K | $412.0K |
Free Cash Flow | $6.440M | $8.370M | $23.90M |
YoY Change | 28.03% | 63.48% | 38.4% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
910000 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
5000 | |
CY2021 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2021 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2021 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001778784 | |
CY2021 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2021 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2021 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2021 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2020Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
||
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
||
CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2021 | dei |
Document Type
DocumentType
|
10-K | |
CY2021 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
CY2021 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2021 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2021-12-31 | |
CY2021 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2021 | |
CY2021 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2021 | dei |
Entity File Number
EntityFileNumber
|
001-39090 | |
CY2021 | dei |
Entity Registrant Name
EntityRegistrantName
|
PROVIDENT BANCORP, INC | |
CY2021 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
MD | |
CY2021 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
84-4132422 | |
CY2021 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
5 Market Street | |
CY2021 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Amesbury | |
CY2021 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
MA | |
CY2021 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
01913 | |
CY2021 | dei |
City Area Code
CityAreaCode
|
978 | |
CY2021 | dei |
Local Phone Number
LocalPhoneNumber
|
834-8555 | |
CY2021 | dei |
Security12b Title
Security12bTitle
|
Common Stock, $0.01 par value | |
CY2021 | dei |
Trading Symbol
TradingSymbol
|
PVBC | |
CY2021 | dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | |
CY2021 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2021 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2021 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2021 | dei |
Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
|
false | |
CY2021 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2021Q2 | dei |
Entity Public Float
EntityPublicFloat
|
256400000 | |
CY2022Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
17834693 | |
CY2021 | dei |
Auditor Firm
AuditorFirmId
|
173 | |
CY2021 | dei |
Auditor Name
AuditorName
|
Crowe LLP | |
CY2021 | dei |
Auditor Location
AuditorLocation
|
Boston, Massachusetts | |
CY2021Q4 | us-gaap |
Cash And Due From Banks
CashAndDueFromBanks
|
22470000 | |
CY2020Q4 | us-gaap |
Cash And Due From Banks
CashAndDueFromBanks
|
11830000 | |
CY2021Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
130645000 | |
CY2020Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
71989000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
153115000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
83819000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
36837000 | |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
32215000 | |
CY2021Q4 | us-gaap |
Federal Home Loan Bank Stock
FederalHomeLoanBankStock
|
785000 | |
CY2020Q4 | us-gaap |
Federal Home Loan Bank Stock
FederalHomeLoanBankStock
|
895000 | |
CY2021Q4 | us-gaap |
Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
|
22846000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
19496000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
18518000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
1433803000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
1314810000 | |
CY2021Q4 | us-gaap |
Bank Owned Life Insurance
BankOwnedLifeInsurance
|
42569000 | |
CY2020Q4 | us-gaap |
Bank Owned Life Insurance
BankOwnedLifeInsurance
|
36684000 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14258000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14716000 | |
CY2021Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
5703000 | |
CY2020Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
6371000 | |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4102000 | |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4258000 | |
CY2021Q4 | us-gaap |
Other Assets
OtherAssets
|
15265000 | |
CY2020Q4 | us-gaap |
Other Assets
OtherAssets
|
12013000 | |
CY2021Q4 | us-gaap |
Assets
Assets
|
1729283000 | |
CY2020Q4 | us-gaap |
Assets
Assets
|
1505781000 | |
CY2021Q4 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
626587000 | |
CY2020Q4 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
383079000 | |
CY2021Q4 | us-gaap |
Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
|
833308000 | |
CY2020Q4 | us-gaap |
Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
|
854349000 | |
CY2021Q4 | us-gaap |
Deposits
Deposits
|
1459895000 | |
CY2020Q4 | us-gaap |
Deposits
Deposits
|
1237428000 | |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
13500000 | |
CY2020Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
13500000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4387000 | |
CY2020Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4488000 | |
CY2021Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
17719000 | |
CY2020Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
14509000 | |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
1495501000 | |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
1269925000 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2020Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2020Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
17854649 | |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
17854649 | |
CY2020Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
19047544 | |
CY2020Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
19047544 | |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
179000 | |
CY2020Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
191000 | |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
123498000 | |
CY2020Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
139450000 | |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
118087000 | |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
104508000 | |
CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
649000 | |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1058000 | |
CY2021Q4 | us-gaap |
Deferred Compensation Equity
DeferredCompensationEquity
|
8631000 | |
CY2020Q4 | us-gaap |
Deferred Compensation Equity
DeferredCompensationEquity
|
9351000 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
233782000 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
235856000 | |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1729283000 | |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1505781000 | |
CY2021 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
63873000 | |
CY2020 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
59391000 | |
CY2021 | us-gaap |
Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
|
722000 | |
CY2020 | us-gaap |
Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
|
913000 | |
CY2021 | pvbc |
Interest Income From Short Term Investments
InterestIncomeFromShortTermInvestments
|
208000 | |
CY2020 | pvbc |
Interest Income From Short Term Investments
InterestIncomeFromShortTermInvestments
|
99000 | |
CY2021 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
64803000 | |
CY2020 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
60403000 | |
CY2021 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
3085000 | |
CY2020 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
5203000 | |
CY2021 | us-gaap |
Interest Expense Borrowings
InterestExpenseBorrowings
|
285000 | |
CY2020 | us-gaap |
Interest Expense Borrowings
InterestExpenseBorrowings
|
728000 | |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
3370000 | |
CY2020 | us-gaap |
Interest Expense
InterestExpense
|
5931000 | |
CY2021 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
61433000 | |
CY2020 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
54472000 | |
CY2021 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
3887000 | |
CY2020 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
5597000 | |
CY2021 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
57546000 | |
CY2020 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
48875000 | |
CY2021 | pvbc |
Customer Service Fees On Deposit Accounts
CustomerServiceFeesOnDepositAccounts
|
1832000 | |
CY2020 | pvbc |
Customer Service Fees On Deposit Accounts
CustomerServiceFeesOnDepositAccounts
|
1331000 | |
CY2021 | pvbc |
Service Charges And Fees Other
ServiceChargesAndFeesOther
|
2003000 | |
CY2020 | pvbc |
Service Charges And Fees Other
ServiceChargesAndFeesOther
|
1322000 | |
CY2021 | us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
1195000 | |
CY2020 | us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
809000 | |
CY2021 | us-gaap |
Other Income
OtherIncome
|
136000 | |
CY2020 | us-gaap |
Other Income
OtherIncome
|
81000 | |
CY2021 | us-gaap |
Noninterest Income
NoninterestIncome
|
5166000 | |
CY2020 | us-gaap |
Noninterest Income
NoninterestIncome
|
3543000 | |
CY2021 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
28782000 | |
CY2020 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
23175000 | |
CY2021 | us-gaap |
Occupancy Net
OccupancyNet
|
1687000 | |
CY2020 | us-gaap |
Occupancy Net
OccupancyNet
|
1684000 | |
CY2021 | us-gaap |
Equipment Expense
EquipmentExpense
|
514000 | |
CY2020 | us-gaap |
Equipment Expense
EquipmentExpense
|
577000 | |
CY2021 | pvbc |
Deposit Insurance
DepositInsurance
|
482000 | |
CY2020 | pvbc |
Deposit Insurance
DepositInsurance
|
416000 | |
CY2021 | us-gaap |
Information Technology And Data Processing
InformationTechnologyAndDataProcessing
|
1325000 | |
CY2020 | us-gaap |
Information Technology And Data Processing
InformationTechnologyAndDataProcessing
|
1000000 | |
CY2021 | us-gaap |
Marketing Expense
MarketingExpense
|
279000 | |
CY2020 | us-gaap |
Marketing Expense
MarketingExpense
|
223000 | |
CY2021 | us-gaap |
Professional Fees
ProfessionalFees
|
2083000 | |
CY2020 | us-gaap |
Professional Fees
ProfessionalFees
|
1868000 | |
CY2021 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
992000 | |
CY2020 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
750000 | |
CY2021 | us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
1014000 | |
CY2020 | us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
959000 | |
CY2021 | pvbc |
Write Down Of Other Assets And Receivables Investing Activities
WriteDownOfOtherAssetsAndReceivablesInvestingActivities
|
225000 | |
CY2020 | pvbc |
Write Down Of Other Assets And Receivables Investing Activities
WriteDownOfOtherAssetsAndReceivablesInvestingActivities
|
2207000 | |
CY2021 | us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
3236000 | |
CY2020 | us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
2949000 | |
CY2021 | us-gaap |
Noninterest Expense
NoninterestExpense
|
40619000 | |
CY2020 | us-gaap |
Noninterest Expense
NoninterestExpense
|
35808000 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
22093000 | |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
16610000 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5954000 | |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4625000 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16139000 | |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11985000 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.96 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.66 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.93 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16772628 | |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
18090229 | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17302007 | |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
18131025 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16139000 | |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11985000 | |
CY2021 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-548000 | |
CY2020 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
805000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
-548000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
805000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
-139000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
205000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-409000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
600000 | |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
15730000 | |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
12585000 | |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
230933000 | |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11985000 | |
CY2020 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.09 | |
CY2020 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
1636000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
600000 | |
CY2020 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1089000 | |
CY2020 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
7825000 | |
CY2020 | pvbc |
Shares Surrendered During Period Value Related To Tax Withholdings On Restricted Stock Awards
SharesSurrenderedDuringPeriodValueRelatedToTaxWithholdingsOnRestrictedStockAwards
|
131000 | |
CY2020 | pvbc |
Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Ownership Plan Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockOwnershipPlanRequisiteServicePeriodRecognition
|
841000 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
235856000 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16139000 | |
CY2021 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2021 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
2560000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-409000 | |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2545000 | |
CY2021 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
18348000 | |
CY2021 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
241000 | |
CY2021 | pvbc |
Shares Surrendered During Period Value Related To Tax Withholdings On Restricted Stock Awards
SharesSurrenderedDuringPeriodValueRelatedToTaxWithholdingsOnRestrictedStockAwards
|
614000 | |
CY2021 | pvbc |
Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Ownership Plan Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockOwnershipPlanRequisiteServicePeriodRecognition
|
1414000 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
233782000 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16139000 | |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11985000 | |
CY2021 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-181000 | |
CY2020 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-266000 | |
CY2021 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
1414000 | |
CY2020 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
841000 | |
CY2021 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
123000 | |
CY2020 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
-2023000 | |
CY2021 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
3887000 | |
CY2020 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
5597000 | |
CY2021 | pvbc |
Depreciation Depletion And Amortization Including Leases
DepreciationDepletionAndAmortizationIncludingLeases
|
1026000 | |
CY2020 | pvbc |
Depreciation Depletion And Amortization Including Leases
DepreciationDepletionAndAmortizationIncludingLeases
|
1091000 | |
CY2021 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-668000 | |
CY2020 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
3267000 | |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-578000 | |
CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2202000 | |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2545000 | |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1089000 | |
CY2021 | us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
1195000 | |
CY2020 | us-gaap |
Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
|
809000 | |
CY2021 | pvbc |
Principal Repayments Of Operating Lease Liabilities
PrincipalRepaymentsOfOperatingLeaseLiabilities
|
101000 | |
CY2020 | pvbc |
Principal Repayments Of Operating Lease Liabilities
PrincipalRepaymentsOfOperatingLeaseLiabilities
|
82000 | |
CY2021 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2760000 | |
CY2020 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
785000 | |
CY2021 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
3210000 | |
CY2020 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
2434000 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
24313000 | |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
18181000 | |
CY2021 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
13626000 | |
CY2021 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
8275000 | |
CY2020 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
10114000 | |
CY2021 | us-gaap |
Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
|
-110000 | |
CY2020 | us-gaap |
Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
|
-521000 | |
CY2021 | us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
145603000 | |
CY2020 | us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
296472000 | |
CY2020 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
66962000 | |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
412000 | |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
911000 | |
CY2021 | us-gaap |
Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
|
5500000 | |
CY2020 | us-gaap |
Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
|
8950000 | |
CY2021 | us-gaap |
Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
|
810000 | |
CY2021 | pvbc |
Write Down Of Other Assets And Receivables Investing Activities
WriteDownOfOtherAssetsAndReceivablesInvestingActivities
|
225000 | |
CY2020 | pvbc |
Write Down Of Other Assets And Receivables Investing Activities
WriteDownOfOtherAssetsAndReceivablesInvestingActivities
|
2207000 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-155721000 | |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-360453000 | |
CY2021 | us-gaap |
Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
|
243508000 | |
CY2020 | us-gaap |
Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
|
160991000 | |
CY2021 | us-gaap |
Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
|
-21041000 | |
CY2020 | us-gaap |
Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
|
226532000 | |
CY2021 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
2560000 | |
CY2020 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
1636000 | |
CY2021 | pvbc |
Proceeds From Stock Options Exercised Net
ProceedsFromStockOptionsExercisedNet
|
-241000 | |
CY2020 | us-gaap |
Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
|
11498000 | |
CY2021 | pvbc |
Shares Surrendered Related To Tax Withholdings On Restricted Stock Awards
SharesSurrenderedRelatedToTaxWithholdingsOnRestrictedStockAwards
|
614000 | |
CY2020 | pvbc |
Shares Surrendered Related To Tax Withholdings On Restricted Stock Awards
SharesSurrenderedRelatedToTaxWithholdingsOnRestrictedStockAwards
|
131000 | |
CY2021 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
18348000 | |
CY2020 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
7825000 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
200704000 | |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
366433000 | |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
69296000 | |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
24161000 | |
CY2021 | us-gaap |
Use Of Estimates
UseOfEstimates
|
Use of Estimates To prepare financial statements in conformity with GAAP management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ. | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
83819000 | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
59658000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
153115000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
83819000 | |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
3085000 | |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
5932000 | |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
8379000 | |
CY2020 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
6264000 | |
CY2021 | us-gaap |
Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
|
22846000 | |
CY2020 | pvbc |
Recognition Of Right Of Use Assets In Premises And Equipment
RecognitionOfRightOfUseAssetsInPremisesAndEquipment
|
693000 | |
CY2020 | pvbc |
Recognition Of Operating Lease Liabilities
RecognitionOfOperatingLeaseLiabilities
|
693000 | |
CY2020 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
3000 | |
CY2021 | us-gaap |
Nature Of Operations
NatureOfOperations
|
NOTE 1 — NATURE OF OPERATIONS Provident Bancorp, Inc. (the “Company”) is a Maryland corporation that was incorporated in June 2019 to be the successor corporation to Provident Bancorp, Inc. (“Old Provident”), a Massachusetts corporation, upon completion of the second-step mutual-to-stock conversion (the “Conversion”) of Provident Bancorp (the “MHC”), the top tier mutual holding company of Old Provident. Old Provident was the former mid-tier holding company for The Provident Bank (“BankProv” or the “Bank”). Prior to completion of the Conversion, approximately 52% of the shares of common stock of Old Provident were owned by the MHC. In conjunction with the Conversion, the MHC was merged into the Company (and ceased to exist) and the Company became its successor under the name Provident Bancorp, Inc. The Conversion was completed on October 16, 2019. The Company raised gross proceeds of $102.1 million by selling 10,212,397 shares of common stock at $10.00 per share in the second-step stock offering. The Company utilized $8.2 million of the proceeds to lend to its Employee Stock Ownership Plan (the “ESOP”) for the acquisition of an additional 816,992 shares at $10.00 per share. Expenses incurred related to the offering were $2.4 million, and were recorded against offering proceeds. The Company invested $45.8 million of the net proceeds it received from the sale into the Bank’s operations and has retained the remaining amount for general corporate purposes. Concurrent with the completion of the stock offering, each share of Old Provident common stock owned by public stockholders (stockholders other than the MHC) was exchanged for 2.0212 shares of Company common stock. A total of 19,484,343 shares of common stock were outstanding following the completion of the stock offering. The Bank, headquartered in Amesbury, Massachusetts, operates its business from seven banking offices located in Amesbury and Newburyport, Massachusetts and Portsmouth, Exeter, Bedford, and Seabrook, New Hampshire. The Bank also has loan production offices in Boston, Massachusetts and Ponte Vedra, Florida. The Bank provides a variety of financial services to small businesses and individuals. Its primary deposit products are checking, savings and term certificate accounts and its primary lending products are commercial mortgages, commercial loans and mortgage warehouse loans. | |
CY2019Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
19484343 | |
CY2021 | pvbc |
Number Of Banking Offices
NumberOfBankingOffices
|
7 | |
CY2021 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
Significant Concentrations of Credit Risk The primary lending area for the includes Northeastern Massachusetts and Southern New Hampshire, with a focus on Essex County, Massachusetts, and Hillsborough and Rockingham Counties, New Hampshire, which are part of, and bedroom communities to, the technology corridor between Boston, Massachusetts and Concord, New Hampshire. In 2018, the Bank started offering its enterprise value loan product nationally. In 2020, the Bank purchased a warehouse lending business located in Ponte Vedra, Florida that targets national credit worthy, small to mid-cap non-bank mortgage origination companies for facility lines. The primary deposit-gathering area is currently concentrated in Essex County, Massachusetts, and Rockingham County and Hillsborough County, New Hampshire. The Company believes that it does not have any significant loan concentrations or investment securities in any one industry or with any customer. | |
CY2021 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
Reclassification Certain amounts in the prior year have been reclassified to be consistent with the current year's consolidated financial statement presentation, and the reclassifications had no effect on the net income reported in the consolidated statements of income. | |
CY2021 | pvbc |
Par Value Of Stock Bought From And Sold To Federal Home Loan Bank
ParValueOfStockBoughtFromAndSoldToFederalHomeLoanBank
|
100 | |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
35985000 | |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
951000 | |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
99000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
36837000 | |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
30815000 | |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
1410000 | |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
10000 | |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
32215000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
582000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
611000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
|
598000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
|
602000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
|
10822000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
|
11378000 | |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
35985000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
36837000 | |
CY2020 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | |
CY2021 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | |
CY2020Q4 | pvbc |
Securities Of Issuers Whose Aggregate Carrying Amount Exceeded Threshold Percentage
SecuritiesOfIssuersWhoseAggregateCarryingAmountExceededThresholdPercentage
|
0 | |
CY2021Q4 | pvbc |
Securities Of Issuers Whose Aggregate Carrying Amount Exceeded Threshold Percentage
SecuritiesOfIssuersWhoseAggregateCarryingAmountExceededThresholdPercentage
|
0 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
|
14400000 | |
CY2020Q4 | us-gaap |
Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
|
21300000 | |
CY2021Q4 | pvbc |
Debt Securities Available For Sale Total Number Of Positions
DebtSecuritiesAvailableForSaleTotalNumberOfPositions
|
57 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
6 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
94000 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
113000 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
12769000 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
12882000 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
99000 | |
CY2020Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
817000 | |
CY2020Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
10000 | |
CY2020Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
817000 | |
CY2020Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
10000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
1457411000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
1337563000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
19496000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
18518000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
|
4112000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
|
4235000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
1433803000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
1314810000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
18518000 | |
CY2021 | us-gaap |
Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
|
3445000 | |
CY2021 | us-gaap |
Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
|
536000 | |
CY2021 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
3887000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
19496000 | |
CY2021Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
|
1616000 | |
CY2021Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
|
17880000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
19496000 | |
CY2021Q4 | us-gaap |
Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
|
24117000 | |
CY2021Q4 | us-gaap |
Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
|
1433294000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
1457411000 | |
CY2019Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
13844000 | |
CY2020 | us-gaap |
Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
|
1089000 | |
CY2020 | us-gaap |
Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
|
166000 | |
CY2020 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
5597000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
18518000 | |
CY2020Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
|
2024000 | |
CY2020Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
|
16494000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
18518000 | |
CY2020Q4 | us-gaap |
Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
|
25659000 | |
CY2020Q4 | us-gaap |
Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
|
1311904000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
1337563000 | |
CY2021Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
2565000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
|
1454846000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
1457411000 | |
CY2021Q4 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
2892000 | |
CY2020Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
6426000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
|
1331137000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
1337563000 | |
CY2020Q4 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
5419000 | |
CY2021Q4 | us-gaap |
Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
|
22203000 | |
CY2021Q4 | us-gaap |
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
|
22544000 | |
CY2021 | us-gaap |
Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
|
22350000 | |
CY2021 | us-gaap |
Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
|
835000 | |
CY2021Q4 | us-gaap |
Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
|
1914000 | |
CY2021Q4 | us-gaap |
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
|
3086000 | |
CY2021Q4 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
1616000 | |
CY2021 | us-gaap |
Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
|
2576000 | |
CY2021 | us-gaap |
Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
|
4000 | |
CY2021Q4 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
24117000 | |
CY2021Q4 | us-gaap |
Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
|
25630000 | |
CY2021Q4 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
1616000 | |
CY2021 | us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
24926000 | |
CY2021 | us-gaap |
Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
|
839000 | |
CY2020Q4 | us-gaap |
Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
|
21635000 | |
CY2020Q4 | us-gaap |
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
|
21915000 | |
CY2020 | us-gaap |
Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
|
21996000 | |
CY2020 | us-gaap |
Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
|
377000 | |
CY2020Q4 | us-gaap |
Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
|
4024000 | |
CY2020Q4 | us-gaap |
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
|
4605000 | |
CY2020Q4 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
2024000 | |
CY2020 | us-gaap |
Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
|
4177000 | |
CY2020 | us-gaap |
Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
|
1000 | |
CY2020Q4 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
25659000 | |
CY2020Q4 | us-gaap |
Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
|
26520000 | |
CY2020Q4 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
2024000 | |
CY2020 | us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
26173000 | |
CY2020 | us-gaap |
Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
|
378000 | |
CY2021 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
3 | |
CY2021 | us-gaap |
Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
|
1868000 | |
CY2021 | us-gaap |
Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
|
1868000 | |
CY2020 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
10 | |
CY2020 | us-gaap |
Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
|
18892000 | |
CY2020 | us-gaap |
Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
|
20392000 | |
CY2021 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
3 | |
CY2020 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
10 | |
CY2020 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
10 | |
CY2021Q4 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
22700000 | |
CY2020Q4 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
23300000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
|
0 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
1457411000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
1337563000 | |
CY2019Q4 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
3705000 | |
CY2021Q4 | pvbc |
Time Deposits Less Than250000
TimeDepositsLessThan250000
|
55454000 | |
CY2020Q4 | pvbc |
Time Deposits Less Than250000
TimeDepositsLessThan250000
|
173032000 | |
CY2021Q4 | us-gaap |
Time Deposits
TimeDeposits
|
60532000 | |
CY2020Q4 | us-gaap |
Time Deposits
TimeDeposits
|
178199000 | |
CY2021Q4 | us-gaap |
Deposits
Deposits
|
1459895000 | |
CY2020Q4 | us-gaap |
Deposits
Deposits
|
1237428000 | |
CY2021Q4 | us-gaap |
Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
|
20200000 | |
CY2020Q4 | us-gaap |
Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
|
114100000 | |
CY2020 | us-gaap |
Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
|
12329000 | |
CY2020 | pvbc |
Loans And Leases Receivable Related Parties Principal Payments
LoansAndLeasesReceivableRelatedPartiesPrincipalPayments
|
-656000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
15378000 | |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
15378000 | |
CY2021 | us-gaap |
Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
|
3912000 | |
CY2021 | pvbc |
Loans And Leases Receivable Related Parties Principal Payments
LoansAndLeasesReceivableRelatedPartiesPrincipalPayments
|
-1251000 | |
CY2021Q4 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
18039000 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
25493000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
25086000 | |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
11235000 | |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
10370000 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14258000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14716000 | |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
870000 | |
CY2020 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
944000 | |
CY2021Q4 | us-gaap |
Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
|
824471000 | |
CY2020Q4 | us-gaap |
Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
|
554095000 | |
CY2021Q4 | us-gaap |
Deposits Savings Deposits
DepositsSavingsDeposits
|
155267000 | |
CY2020Q4 | us-gaap |
Deposits Savings Deposits
DepositsSavingsDeposits
|
151341000 | |
CY2021Q4 | us-gaap |
Deposits Money Market Deposits
DepositsMoneyMarketDeposits
|
419625000 | |
CY2020Q4 | us-gaap |
Deposits Money Market Deposits
DepositsMoneyMarketDeposits
|
353793000 | |
CY2021Q4 | us-gaap |
Deposits Money Market Deposits And Negotiable Order Of Withdrawal Now
DepositsMoneyMarketDepositsAndNegotiableOrderOfWithdrawalNOW
|
1399363000 | |
CY2020Q4 | us-gaap |
Deposits Money Market Deposits And Negotiable Order Of Withdrawal Now
DepositsMoneyMarketDepositsAndNegotiableOrderOfWithdrawalNOW
|
1059229000 | |
CY2021Q4 | us-gaap |
Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
|
5078000 | |
CY2020Q4 | us-gaap |
Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
|
5167000 | |
CY2021Q4 | us-gaap |
Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
|
51134000 | |
CY2021Q4 | us-gaap |
Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
|
6873000 | |
CY2021Q4 | us-gaap |
Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
|
1106000 | |
CY2021Q4 | us-gaap |
Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
|
1246000 | |
CY2021Q4 | us-gaap |
Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
|
173000 | |
CY2021Q4 | us-gaap |
Time Deposits
TimeDeposits
|
60532000 | |
CY2021Q4 | us-gaap |
Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
|
14600000 | |
CY2020Q4 | us-gaap |
Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
|
8800000 | |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
8500000 | |
CY2020Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
8500000 | |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
5000000 | |
CY2020Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
5000000 | |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
13500000 | |
CY2020Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
13500000 | |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
4715000 | |
CY2020 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
4906000 | |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
1817000 | |
CY2020 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
1928000 | |
CY2020 | pvbc |
Net Operating Loss Carryforward
NetOperatingLossCarryforward
|
7000 | |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
6532000 | |
CY2020 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
6827000 | |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-401000 | |
CY2020 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-1525000 | |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-177000 | |
CY2020 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-677000 | |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-578000 | |
CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2202000 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5954000 | |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4625000 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.059 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.060 | |
CY2021 | pvbc |
Effective Income Tax Rate Reconciliation Tax Exempt Income Percent And Dividends Received Deduction
EffectiveIncomeTaxRateReconciliationTaxExemptIncomePercentAndDividendsReceivedDeduction
|
-0.003 | |
CY2020 | pvbc |
Effective Income Tax Rate Reconciliation Tax Exempt Income Percent And Dividends Received Deduction
EffectiveIncomeTaxRateReconciliationTaxExemptIncomePercentAndDividendsReceivedDeduction
|
-0.004 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.003 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.012 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.269 | |
CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.278 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
|
5403000 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
|
5132000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
3081000 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
2849000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
1140000 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
1174000 | |
CY2021Q4 | pvbc |
Deferred Tax Assets Write Down Other Assets And Receivables
DeferredTaxAssetsWriteDownOtherAssetsAndReceivables
|
111000 | |
CY2020Q4 | pvbc |
Deferred Tax Assets Write Down Other Assets And Receivables
DeferredTaxAssetsWriteDownOtherAssetsAndReceivables
|
111000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Contingencies
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsContingencies
|
56000 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Contingencies
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsContingencies
|
37000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
467000 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
344000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
10258000 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
9647000 | |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
37000 | |
CY2020Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
5000 | |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
|
60000 | |
CY2020Q4 | us-gaap |
Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
|
60000 | |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
|
203000 | |
CY2020Q4 | us-gaap |
Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
|
342000 | |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
300000 | |
CY2020Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
407000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
9958000 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
9240000 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.3441 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.3463 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P7Y6M | |
CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P7Y6M | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0107 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0104 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0119 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0066 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
5.06 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
3.79 | |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
16139000 | |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
11985000 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
18242576 | |
CY2020 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
19422096 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
|
1118037 | |
CY2020 | us-gaap |
Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
|
1207892 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
351911 | |
CY2020 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
123975 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16772628 | |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
18090229 | |
CY2021 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
529379 | |
CY2020 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
40796 | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17302007 | |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
18131025 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.96 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.66 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.93 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
236722 | |
CY2020 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
73399 | |
CY2021Q4 | pvbc |
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.045 | |
CY2021Q4 | us-gaap |
Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.060 | |
CY2021Q4 | us-gaap |
Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.080 | |
CY2021Q4 | us-gaap |
Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
|
0.040 | |
CY2021Q4 | pvbc |
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.065 | |
CY2021Q4 | us-gaap |
Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.080 | |
CY2021Q4 | us-gaap |
Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.10 | |
CY2021Q4 | pvbc |
Tier One Leverage Ratio
TierOneLeverageRatio
|
0.050 | |
CY2021 | pvbc |
Capital Conservation Buffer Above Required Capital Ratios
CapitalConservationBufferAboveRequiredCapitalRatios
|
0.025 | |
CY2021Q4 | pvbc |
Community Bank Leverage Ratio To Be Well Capitalized To Weighted Assets
CommunityBankLeverageRatioToBeWellCapitalizedToWeightedAssets
|
0.08 | |
CY2021Q4 | pvbc |
Community Bank Leverage Ratio To Be Well Capitalized To Weighted Assets
CommunityBankLeverageRatioToBeWellCapitalizedToWeightedAssets
|
0.08 | |
CY2021Q4 | pvbc |
Community Bank Leverage Ratio To Be Well Capitalized To Weighted Assets
CommunityBankLeverageRatioToBeWellCapitalizedToWeightedAssets
|
0.085 | |
CY2021Q4 | us-gaap |
Capital
Capital
|
221865000 | |
CY2021Q4 | us-gaap |
Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
|
0.1418 | |
CY2021Q4 | us-gaap |
Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
|
125177000 | |
CY2021Q4 | us-gaap |
Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.080 | |
CY2021Q4 | us-gaap |
Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
|
156472000 | |
CY2021Q4 | us-gaap |
Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.100 | |
CY2021Q4 | us-gaap |
Tier One Risk Based Capital
TierOneRiskBasedCapital
|
202369000 | |
CY2021Q4 | us-gaap |
Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
|
0.1293 | |
CY2021Q4 | us-gaap |
Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
|
93883000 | |
CY2021Q4 | us-gaap |
Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.060 | |
CY2021Q4 | us-gaap |
Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
|
125177000 | |
CY2021Q4 | us-gaap |
Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.080 | |
CY2021Q4 | us-gaap |
Common Equity Tier One Capital
CommonEquityTierOneCapital
|
202369000 | |
CY2021Q4 | us-gaap |
Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
|
0.1293 | |
CY2021Q4 | us-gaap |
Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
|
70412000 | |
CY2021Q4 | pvbc |
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.045 | |
CY2021Q4 | us-gaap |
Common Equity Tier One Capital Required To Be Well Capitalized
CommonEquityTierOneCapitalRequiredToBeWellCapitalized
|
101706000 | |
CY2021Q4 | pvbc |
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.065 | |
CY2021Q4 | us-gaap |
Tier One Leverage Capital
TierOneLeverageCapital
|
202369000 | |
CY2021Q4 | us-gaap |
Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
|
0.1207 | |
CY2021Q4 | us-gaap |
Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
|
67072000 | |
CY2021Q4 | us-gaap |
Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
|
0.040 | |
CY2021Q4 | us-gaap |
Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
|
83840000 | |
CY2021Q4 | us-gaap |
Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
|
0.050 | |
CY2020Q4 | us-gaap |
Capital
Capital
|
199377000 | |
CY2020Q4 | us-gaap |
Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
|
0.1460 | |
CY2020Q4 | us-gaap |
Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
|
109273000 | |
CY2020Q4 | us-gaap |
Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.080 | |
CY2020Q4 | us-gaap |
Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
|
136591000 | |
CY2020Q4 | us-gaap |
Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.100 | |
CY2020Q4 | us-gaap |
Tier One Risk Based Capital
TierOneRiskBasedCapital
|
182286000 | |
CY2020Q4 | us-gaap |
Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
|
0.1335 | |
CY2020Q4 | us-gaap |
Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
|
81955000 | |
CY2020Q4 | us-gaap |
Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.060 | |
CY2020Q4 | us-gaap |
Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
|
109273000 | |
CY2020Q4 | us-gaap |
Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.080 | |
CY2020Q4 | us-gaap |
Common Equity Tier One Capital
CommonEquityTierOneCapital
|
182286000 | |
CY2020Q4 | us-gaap |
Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
|
0.1335 | |
CY2020Q4 | us-gaap |
Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
|
61466000 | |
CY2020Q4 | pvbc |
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.045 | |
CY2020Q4 | us-gaap |
Common Equity Tier One Capital Required To Be Well Capitalized
CommonEquityTierOneCapitalRequiredToBeWellCapitalized
|
88784000 | |
CY2020Q4 | pvbc |
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.065 | |
CY2020Q4 | us-gaap |
Tier One Leverage Capital
TierOneLeverageCapital
|
182286000 | |
CY2020Q4 | us-gaap |
Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
|
0.1237 | |
CY2020Q4 | us-gaap |
Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
|
58926000 | |
CY2020Q4 | us-gaap |
Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
|
0.040 | |
CY2020Q4 | us-gaap |
Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
|
73658000 | |
CY2020Q4 | us-gaap |
Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
|
0.050 | |
CY2021Q4 | us-gaap |
Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
|
16100000 | |
CY2020Q4 | us-gaap |
Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
|
12100000 | |
CY2019Q4 | us-gaap |
Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
|
10700000 | |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4100000 | |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4300000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4400000 | |
CY2020Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4500000 | |
CY2021 | pvbc |
Number Of Branch Locations
NumberOfBranchLocations
|
2 | |
CY2021 | pvbc |
Number Of Leased Loan Production Offices
NumberOfLeasedLoanProductionOffices
|
1 | |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
315000 | |
CY2020 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
307000 | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0357 | |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0354 | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P27Y | |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P27Y7M6D | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
|
261000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
|
264000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
|
270000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
|
280000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
|
291000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
|
6033000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
7399000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
3012000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4387000 | |
CY2021Q4 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
17065000 | |
CY2020Q4 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
16482000 | |
CY2021Q1 | us-gaap |
Interest Expense
InterestExpense
|
981000 | |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
2017000 | |
CY2021Q4 | us-gaap |
Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
|
325143000 | |
CY2020Q4 | us-gaap |
Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
|
235617000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
36837000 | |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
32215000 | |
CY2021Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
361000 | |
CY2020Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
2000000 | |
CY2020Q2 | us-gaap |
Interest Expense
InterestExpense
|
1619000 | |
CY2021Q1 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
15889000 | |
CY2020Q1 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
14089000 | |
CY2021Q2 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
15513000 | |
CY2020Q2 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
14654000 | |
CY2021Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
16336000 | |
CY2020Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
15178000 | |
CY2021Q3 | us-gaap |
Interest Expense
InterestExpense
|
832000 | |
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
1183000 | |
CY2021Q4 | us-gaap |
Interest Expense
InterestExpense
|
647000 | |
CY2021Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
14908000 | |
CY2020Q4 | us-gaap |
Interest Expense
InterestExpense
|
1112000 | |
CY2020Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
12072000 | |
CY2021Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
14603000 | |
CY2020Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
13035000 | |
CY2021Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
15504000 | |
CY2020Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
13995000 | |
CY2021Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
16418000 | |
CY2020Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
15370000 | |
CY2021Q1 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
753000 | |
CY2020Q1 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
3099000 | |
CY2021Q2 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
1669000 | |
CY2020Q2 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
872000 | |
CY2021Q3 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
232000 | |
CY2020Q3 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
760000 | |
CY2021Q4 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
1233000 | |
CY2020Q4 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
866000 | |
CY2021Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
1018000 | |
CY2020Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
1010000 | |
CY2021Q2 | us-gaap |
Noninterest Income
NoninterestIncome
|
1103000 | |
CY2020Q2 | us-gaap |
Noninterest Income
NoninterestIncome
|
704000 | |
CY2021Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
1823000 | |
CY2020Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
911000 | |
CY2021Q4 | us-gaap |
Noninterest Income
NoninterestIncome
|
1222000 | |
CY2020Q4 | us-gaap |
Noninterest Income
NoninterestIncome
|
918000 | |
CY2021Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
9213000 | |
CY2020Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
8306000 | |
CY2021Q2 | us-gaap |
Noninterest Expense
NoninterestExpense
|
9528000 | |
CY2020Q2 | us-gaap |
Noninterest Expense
NoninterestExpense
|
8361000 | |
CY2021Q3 | us-gaap |
Noninterest Expense
NoninterestExpense
|
10068000 | |
CY2020Q3 | us-gaap |
Noninterest Expense
NoninterestExpense
|
9686000 | |
CY2021Q4 | us-gaap |
Noninterest Expense
NoninterestExpense
|
11810000 | |
CY2020Q4 | us-gaap |
Noninterest Expense
NoninterestExpense
|
9455000 | |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1663000 | |
CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
446000 | |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1343000 | |
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1256000 | |
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1940000 | |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1258000 | |
CY2021Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1008000 | |
CY2020Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1665000 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4297000 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1231000 | |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3166000 | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3250000 | |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5087000 | |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3202000 | |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3589000 | |
CY2020Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4302000 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.24 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.19 | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.31 | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | |
CY2021Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | |
CY2020Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.24 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 | |
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 | |
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 | |
CY2021Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.21 | |
CY2020Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17263759 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
18115970 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16778698 | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
18150106 | |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16637852 | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
18185995 | |
CY2021Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16481684 | |
CY2020Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17912975 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17558160 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
18261282 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17338662 | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
18179858 | |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17235852 | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
18222766 | |
CY2021Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17180466 | |
CY2020Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
18007580 |