$PVBC
Provident Bancorp Inc (Maryland)

2023 Q1 Form 10-Q Financial Statement

#000177878423000004 Filed on January 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q3
Revenue $20.63M $20.71M
YoY Change 11.8% 26.76%
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 $268.0K $275.0K
YoY Change -0.74% 5.77%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $4.811M $952.0K
YoY Change 816.38% 14.42%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.773M -$47.27M
YoY Change -64.22% -772.62%
Income Tax $670.0K -$11.96M
% Of Pretax Income 24.16%
Net Earnings $2.103M -$35.31M
YoY Change -61.94% -794.1%
Net Earnings / Revenue 10.2% -170.52%
Basic Earnings Per Share $0.13 -$2.15
Diluted Earnings Per Share $0.13 -$2.15
COMMON SHARES
Basic Shares Outstanding 17.67M 17.72M
Diluted Shares Outstanding 16.53M 16.46M

Balance Sheet

Concept 2023 Q1 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $244.2M $155.9M
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 $17.34M $13.77M
YoY Change 23.32% -4.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $15.69M
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.702B $1.774B
YoY Change -5.01% 9.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $4.255M $4.308M
YoY Change -2.43% -2.09%
Deferred Revenue
YoY Change
Short-Term Debt $50.00M $67.00M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.255M $4.308M
YoY Change -2.43% -2.09%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $14.23M $13.39M
YoY Change -7.21% -10.74%
Total Long-Term Liabilities $14.23M $13.39M
YoY Change -7.21% -10.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.255M $4.308M
Total Long-Term Liabilities $14.23M $13.39M
Total Liabilities $1.491B $1.570B
YoY Change -4.16% 12.6%
SHAREHOLDERS EQUITY
Retained Earnings $97.43M $91.92M
YoY Change -20.75% -20.19%
Common Stock $177.0K $177.0K
YoY Change -0.56% -1.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $211.5M $204.0M
YoY Change
Total Liabilities & Shareholders Equity $1.702B $1.774B
YoY Change -5.01% 9.13%

Cashflow Statement

Concept 2023 Q1 2022 Q3
OPERATING ACTIVITIES
Net Income $2.103M -$35.31M
YoY Change -61.94% -794.1%
Depreciation, Depletion And Amortization $268.0K $275.0K
YoY Change -0.74% 5.77%
Cash From Operating Activities -$3.066M $11.95M
YoY Change -232.9% 44.69%
INVESTING ACTIVITIES
Capital Expenditures $87.00K -$112.0K
YoY Change 155.88% 1.82%
Acquisitions
YoY Change
Other Investing Activities $100.9M -$30.71M
YoY Change 15919.37% -415.6%
Cash From Investing Activities $100.8M -$30.82M
YoY Change 16818.62% -420.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 65.78M 19.98M
YoY Change 9.53% -39.27%
NET CHANGE
Cash From Operating Activities -3.066M 11.95M
Cash From Investing Activities 100.8M -30.82M
Cash From Financing Activities 65.78M 19.98M
Net Change In Cash 163.5M 1.110M
YoY Change 159.76% -97.81%
FREE CASH FLOW
Cash From Operating Activities -$3.066M $11.95M
Capital Expenditures $87.00K -$112.0K
Free Cash Flow -$3.153M $12.06M
YoY Change -238.72% 44.12%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Entity Central Index Key
EntityCentralIndexKey
0001778784
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
pvbc Increase In Other Repossessed Assets
IncreaseInOtherRepossessedAssets
pvbc Other Repossessed Assets Capitalized Expenditures
OtherRepossessedAssetsCapitalizedExpenditures
pvbc Other Repossessed Assets Capitalized Expenditures
OtherRepossessedAssetsCapitalizedExpenditures
pvbc Other Repossessed Assets Direct Write Downs
OtherRepossessedAssetsDirectWriteDowns
pvbc Other Repossessed Assets Direct Write Downs
OtherRepossessedAssetsDirectWriteDowns
pvbc Other Repossessed Assets Expense
OtherRepossessedAssetsExpense
CY2021Q3 pvbc Other Repossessed Assets Expense
OtherRepossessedAssetsExpense
pvbc Other Repossessed Assets Net Gain Loss On Sales
OtherRepossessedAssetsNetGainLossOnSales
CY2021Q3 pvbc Other Repossessed Assets Net Gain Loss On Sales
OtherRepossessedAssetsNetGainLossOnSales
pvbc Other Repossessed Assets Net Gain Loss On Sales
OtherRepossessedAssetsNetGainLossOnSales
CY2022Q3 pvbc Other Repossessed Assets Net Gain Loss On Sales
OtherRepossessedAssetsNetGainLossOnSales
pvbc Other Repossessed Assets Operating Expenses Net Of Rental Income
OtherRepossessedAssetsOperatingExpensesNetOfRentalIncome
CY2021Q3 pvbc Other Repossessed Assets Operating Expenses Net Of Rental Income
OtherRepossessedAssetsOperatingExpensesNetOfRentalIncome
pvbc Other Repossessed Assets Provision For Unrealized Losses
OtherRepossessedAssetsProvisionForUnrealizedLosses
CY2021Q3 pvbc Other Repossessed Assets Provision For Unrealized Losses
OtherRepossessedAssetsProvisionForUnrealizedLosses
pvbc Other Repossessed Assets Provision For Unrealized Losses
OtherRepossessedAssetsProvisionForUnrealizedLosses
CY2022Q3 pvbc Other Repossessed Assets Provision For Unrealized Losses
OtherRepossessedAssetsProvisionForUnrealizedLosses
pvbc Proceeds From Sale Of Other Repossessed Assets
ProceedsFromSaleOfOtherRepossessedAssets
pvbc Proceeds From Sale Of Other Repossessed Assets
ProceedsFromSaleOfOtherRepossessedAssets
CY2020Q4 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
CY2021Q3 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
CY2021Q4 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2022Q3 us-gaap Preferred Stock Value
PreferredStockValue
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-39090
dei Entity Registrant Name
EntityRegistrantName
Provident Bancorp, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
84-4132422
dei Entity Address Address Line1
EntityAddressAddressLine1
5 Market Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Amesbury
dei Entity Address State Or Province
EntityAddressStateOrProvince
MA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
01913
dei City Area Code
CityAreaCode
978
dei Local Phone Number
LocalPhoneNumber
834-8555
dei Security12b Title
Security12bTitle
Common stock
dei Trading Symbol
TradingSymbol
PVBC
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
17669698
CY2022Q3 us-gaap Cash And Due From Banks
CashAndDueFromBanks
40870000
CY2021Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
22470000
CY2022Q3 us-gaap Short Term Investments
ShortTermInvestments
115044000
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
130645000
CY2022Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
155914000
CY2021Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
153115000
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
29168000
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
36837000
CY2022Q3 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
3413000
CY2021Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
785000
CY2021Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
22846000
CY2022Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
29046000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
19496000
CY2022Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1478451000
CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1433803000
CY2022Q3 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
43347000
CY2021Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
42569000
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13767000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14258000
CY2022Q3 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
10451000
CY2022Q3 us-gaap Interest Receivable
InterestReceivable
5973000
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
5703000
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3981000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4102000
CY2022Q3 us-gaap Other Assets
OtherAssets
29219000
CY2021Q4 us-gaap Other Assets
OtherAssets
15265000
CY2022Q3 us-gaap Assets
Assets
1773684000
CY2021Q4 us-gaap Assets
Assets
1729283000
CY2022Q3 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
662291000
CY2021Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
626587000
CY2022Q3 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
809218000
CY2021Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
833308000
CY2022Q3 us-gaap Deposits
Deposits
1471509000
CY2021Q4 us-gaap Deposits
Deposits
1459895000
CY2022Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
67000000
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
13500000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
13500000
CY2022Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
80500000
CY2021Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
13500000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4308000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4387000
CY2022Q3 us-gaap Other Liabilities
OtherLiabilities
13389000
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
17719000
CY2022Q3 us-gaap Liabilities
Liabilities
1569706000
CY2021Q4 us-gaap Liabilities
Liabilities
1495501000
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17738957
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17738957
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17854649
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17854649
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
177000
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
179000
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
122412000
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
123498000
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
91915000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
118087000
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2434000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
649000
CY2022Q3 us-gaap Deferred Compensation Equity
DeferredCompensationEquity
8092000
CY2021Q4 us-gaap Deferred Compensation Equity
DeferredCompensationEquity
8631000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
203978000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
233782000
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1773684000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1729283000
CY2022Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
20147000
CY2021Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
16084000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
56917000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
47079000
CY2022Q3 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
203000
CY2021Q3 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
183000
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
576000
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
538000
CY2022Q3 pvbc Interest Income From Short Term Investments
InterestIncomeFromShortTermInvestments
357000
CY2021Q3 pvbc Interest Income From Short Term Investments
InterestIncomeFromShortTermInvestments
69000
pvbc Interest Income From Short Term Investments
InterestIncomeFromShortTermInvestments
816000
pvbc Interest Income From Short Term Investments
InterestIncomeFromShortTermInvestments
121000
CY2022Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
20707000
CY2021Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
16336000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
58309000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
47738000
CY2022Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
846000
CY2021Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
760000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
1777000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
2510000
CY2022Q3 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
34000
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
34000
CY2022Q3 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
72000
CY2021Q3 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
72000
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
213000
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
213000
CY2022Q3 us-gaap Interest Expense
InterestExpense
952000
CY2021Q3 us-gaap Interest Expense
InterestExpense
832000
us-gaap Interest Expense
InterestExpense
2024000
us-gaap Interest Expense
InterestExpense
2723000
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19755000
CY2021Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
15504000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
56285000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
45015000
CY2022Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
56310000
CY2021Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
232000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
57398000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2654000
CY2022Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
-36555000
CY2021Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
15272000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
-1113000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
42361000
CY2022Q3 pvbc Customer Service Fees On Deposit Accounts
CustomerServiceFeesOnDepositAccounts
789000
CY2021Q3 pvbc Customer Service Fees On Deposit Accounts
CustomerServiceFeesOnDepositAccounts
485000
pvbc Customer Service Fees On Deposit Accounts
CustomerServiceFeesOnDepositAccounts
1989000
pvbc Customer Service Fees On Deposit Accounts
CustomerServiceFeesOnDepositAccounts
1297000
CY2022Q3 pvbc Service Charges And Fees Other
ServiceChargesAndFeesOther
222000
CY2021Q3 pvbc Service Charges And Fees Other
ServiceChargesAndFeesOther
818000
pvbc Service Charges And Fees Other
ServiceChargesAndFeesOther
1050000
pvbc Service Charges And Fees Other
ServiceChargesAndFeesOther
1606000
CY2022Q3 pvbc Bank Owned Life Insurance Income Including Death Benefit
BankOwnedLifeInsuranceIncomeIncludingDeathBenefit
264000
CY2021Q3 pvbc Bank Owned Life Insurance Income Including Death Benefit
BankOwnedLifeInsuranceIncomeIncludingDeathBenefit
509000
pvbc Bank Owned Life Insurance Income Including Death Benefit
BankOwnedLifeInsuranceIncomeIncludingDeathBenefit
778000
pvbc Bank Owned Life Insurance Income Including Death Benefit
BankOwnedLifeInsuranceIncomeIncludingDeathBenefit
951000
CY2022Q3 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
-12000
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
272000
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
9000
CY2022Q3 us-gaap Other Income
OtherIncome
76000
CY2021Q3 us-gaap Other Income
OtherIncome
11000
us-gaap Other Income
OtherIncome
122000
us-gaap Other Income
OtherIncome
81000
CY2021Q3 us-gaap Marketing Expense
MarketingExpense
36000
us-gaap Marketing Expense
MarketingExpense
263000
us-gaap Marketing Expense
MarketingExpense
154000
CY2022Q3 us-gaap Professional Fees
ProfessionalFees
736000
CY2021Q3 us-gaap Professional Fees
ProfessionalFees
410000
us-gaap Professional Fees
ProfessionalFees
2173000
us-gaap Professional Fees
ProfessionalFees
1310000
CY2022Q3 us-gaap Noninterest Income
NoninterestIncome
1339000
CY2021Q3 us-gaap Noninterest Income
NoninterestIncome
1823000
us-gaap Noninterest Income
NoninterestIncome
4211000
us-gaap Noninterest Income
NoninterestIncome
3944000
CY2022Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7653000
CY2021Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7136000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
22164000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
20317000
CY2022Q3 us-gaap Occupancy Net
OccupancyNet
450000
CY2021Q3 us-gaap Occupancy Net
OccupancyNet
449000
us-gaap Occupancy Net
OccupancyNet
1287000
us-gaap Occupancy Net
OccupancyNet
1278000
CY2022Q3 us-gaap Equipment Expense
EquipmentExpense
147000
CY2021Q3 us-gaap Equipment Expense
EquipmentExpense
128000
us-gaap Equipment Expense
EquipmentExpense
428000
us-gaap Equipment Expense
EquipmentExpense
377000
CY2022Q3 pvbc Deposit Insurance
DepositInsurance
161000
CY2021Q3 pvbc Deposit Insurance
DepositInsurance
124000
pvbc Deposit Insurance
DepositInsurance
466000
pvbc Deposit Insurance
DepositInsurance
341000
CY2022Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
347000
CY2021Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
320000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1026000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
955000
CY2022Q3 us-gaap Marketing Expense
MarketingExpense
66000
CY2022Q3 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
255000
CY2021Q3 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
259000
us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
776000
us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
774000
CY2022Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
398000
CY2021Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
255000
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1019000
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
742000
CY2021Q3 pvbc Write Down Of Other Assets And Receivables Investing Activities
WriteDownOfOtherAssetsAndReceivablesInvestingActivities
225000
pvbc Write Down Of Other Assets And Receivables Investing Activities
WriteDownOfOtherAssetsAndReceivablesInvestingActivities
395000
pvbc Write Down Of Other Assets And Receivables Investing Activities
WriteDownOfOtherAssetsAndReceivablesInvestingActivities
225000
CY2022Q3 us-gaap General Insurance Expense
GeneralInsuranceExpense
448000
CY2021Q3 us-gaap General Insurance Expense
GeneralInsuranceExpense
38000
us-gaap General Insurance Expense
GeneralInsuranceExpense
1343000
us-gaap General Insurance Expense
GeneralInsuranceExpense
110000
CY2022Q3 pvbc Other Repossessed Assets Expense
OtherRepossessedAssetsExpense
145000
pvbc Other Repossessed Assets Expense
OtherRepossessedAssetsExpense
145000
CY2022Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1243000
CY2021Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
688000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
3318000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2226000
CY2022Q3 us-gaap Noninterest Expense
NoninterestExpense
12049000
CY2021Q3 us-gaap Noninterest Expense
NoninterestExpense
10068000
us-gaap Noninterest Expense
NoninterestExpense
34803000
us-gaap Noninterest Expense
NoninterestExpense
28809000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-47265000
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7027000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-31705000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17496000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-11956000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1940000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7540000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4946000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-35309000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
5087000
us-gaap Net Income Loss
NetIncomeLoss
-24165000
us-gaap Net Income Loss
NetIncomeLoss
12550000
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.15
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.15
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16456274
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16637852
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16477933
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16870674
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16456274
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17235852
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16477933
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17344147
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-35309000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
5087000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-47000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-778000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-66000
us-gaap Net Income Loss
NetIncomeLoss
-24165000
us-gaap Net Income Loss
NetIncomeLoss
12550000
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-1009000
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-88000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-4010000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-172000
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-1009000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-927000
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-88000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-4010000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-172000
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-231000
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-22000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1895000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-125000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1978000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3083000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-125000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-36087000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5021000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-27248000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12425000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
239909000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-35309000
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.04
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
666000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-778000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
480000
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-8000
CY2022Q3 pvbc Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Ownership Plan Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockOwnershipPlanRequisiteServicePeriodRecognition
334000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
203978000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
231608000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
5087000
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.04
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
676000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-66000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
700000
CY2021Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
5767000
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-13000
CY2021Q3 pvbc Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Ownership Plan Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockOwnershipPlanRequisiteServicePeriodRecognition
362000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
231261000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
233782000
us-gaap Net Income Loss
NetIncomeLoss
-24165000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2007000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3083000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1393000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2860000
pvbc Shares Surrendered During Period Value Related To Tax Withholdings On Restricted Stock Awards
SharesSurrenderedDuringPeriodValueRelatedToTaxWithholdingsOnRestrictedStockAwards
40000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
108000
pvbc Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Ownership Plan Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockOwnershipPlanRequisiteServicePeriodRecognition
1066000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
203978000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
235856000
us-gaap Net Income Loss
NetIncomeLoss
12550000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.11
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
18132000
pvbc Shares Surrendered During Period Value Related To Tax Withholdings On Restricted Stock Awards
SharesSurrenderedDuringPeriodValueRelatedToTaxWithholdingsOnRestrictedStockAwards
2000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-22000
pvbc Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Ownership Plan Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockOwnershipPlanRequisiteServicePeriodRecognition
1009000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
231261000
us-gaap Net Income Loss
NetIncomeLoss
-24165000
us-gaap Net Income Loss
NetIncomeLoss
12550000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-146000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-136000
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1066000
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1009000
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-123000
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-639000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
57398000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2654000
pvbc Depreciation Depletion And Amortization Including Leases
DepreciationDepletionAndAmortizationIncludingLeases
817000
pvbc Depreciation Depletion And Amortization Including Leases
DepreciationDepletionAndAmortizationIncludingLeases
760000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
270000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-1301000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7752000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-863000
us-gaap Share Based Compensation
ShareBasedCompensation
1393000
us-gaap Share Based Compensation
ShareBasedCompensation
1978000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
778000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
664000
pvbc Proceeds From Death Benefit On Cash Surrender Value For Bank Owned Life Insurance
ProceedsFromDeathBenefitOnCashSurrenderValueForBankOwnedLifeInsurance
-287000
pvbc Principal Repayments Of Operating Lease Liabilities
PrincipalRepaymentsOfOperatingLeaseLiabilities
79000
pvbc Principal Repayments Of Operating Lease Liabilities
PrincipalRepaymentsOfOperatingLeaseLiabilities
75000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
272000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5274000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1642000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-4330000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
496000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18023000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17992000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
10639000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
3513000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
6644000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
2628000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-110000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
107901000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
10968000
us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
15839000
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
2560000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
206000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
290000
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
809000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-88823000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14334000
us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
35704000
us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
111760000
us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
-24090000
us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
11931000
us-gaap Payments Of Dividends
PaymentsOfDividends
2007000
us-gaap Payments Of Dividends
PaymentsOfDividends
1895000
pvbc Proceeds From Stock Options Exercised Net
ProceedsFromStockOptionsExercisedNet
-108000
pvbc Proceeds From Stock Options Exercised Net
ProceedsFromStockOptionsExercisedNet
22000
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
67000000
pvbc Shares Surrendered Related To Tax Withholdings On Restricted Stock Awards
SharesSurrenderedRelatedToTaxWithholdingsOnRestrictedStockAwards
40000
pvbc Shares Surrendered Related To Tax Withholdings On Restricted Stock Awards
SharesSurrenderedRelatedToTaxWithholdingsOnRestrictedStockAwards
2000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2860000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18132000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
73599000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
103684000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
2799000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
107342000
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
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
155914000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
191161000
us-gaap Interest Paid Net
InterestPaidNet
2023000
us-gaap Interest Paid Net
InterestPaidNet
2723000
us-gaap Income Taxes Paid
IncomeTaxesPaid
4771000
us-gaap Income Taxes Paid
IncomeTaxesPaid
6804000
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
9599000
pvbc Increase In Other Repossessed Assets
IncreaseInOtherRepossessedAssets
10451000
us-gaap Basis Of Accounting
BasisOfAccounting
<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">(1)    </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">Basis of Presentation</span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The accompanying unaudited financial statements of Provident Bancorp, Inc., a Maryland corporation (the “Company”), were prepared in accordance with the instructions for Form 10-Q and with Regulation S-X and do not include information or footnotes necessary for a complete presentation of the financial condition, results of operations, and cash flows in conformity with U.S. generally accepted accounting principles (“GAAP”). However, in the opinion of management, all adjustments (consisting only of normal and recurring adjustments) necessary for a fair presentation of the financial statements have been included. The results of operations for the three- and nine-month periods ended September 30, 2022 are not necessarily indicative of the results that may be expected for future periods, including the entire fiscal year. </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Certain amounts in 2021 have been reclassified to be consistent with the 2022 consolidated financial statement presentation, which had no effect on the net income reported in the consolidated statements of income. </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">These financial statements should be read in conjunction with the annual financial statements and notes thereto included in the annual report on Form 10-K the Company filed with the Securities and Exchange Commission (the “SEC”) on March 24, 2022. </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The consolidated financial statements include the accounts of the Company, its wholly owned subsidiary BankProv (the “Bank”), and the Bank’s wholly owned subsidiaries, Provident Security Corporation, 5 Market Street Security Corporation, and Prov 1, LLC. Provident Security Corporation and 5 Market Street Security Corporation were established to buy, sell, and hold investments for their own account. Prov 1, LLC was established to facilitate the sale of assets held as debt previously contracted. All significant inter-company balances and transactions have been eliminated in consolidation.</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span>
CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1433803000
us-gaap Nature Of Operations
NatureOfOperations
<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">(2)    </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">Corporate Structure</span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;"> </span></p><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The Company </span><span style="white-space:pre-wrap; color: #242021;font-family: TimesNRMTPro;font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">is a Maryland corporation whose primary purpose is to act as the holding company for the Bank. </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The Bank, headquartered in Amesbury, Massachusetts, operates its business from </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">seven</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> banking offices located in Amesbury and Newburyport, Massachusetts and Portsmouth, Exeter, Bedford, and Seabrook, New Hampshire. The Bank also has </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">two</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> loan production offices in Boston, Massachusetts and Ponte Vedra, Florida. The Bank’s primary deposit products are checking, savings, and term certificate accounts and its primary lending products are commercial mortgages, commercial, and mortgage warehouse loans. BankProv is also a commercial bank for corporate clients, specializing in offering adaptive and technology-first banking solutions to niche markets.</span>
pvbc Number Of Banking Offices
NumberOfBankingOffices
7
CY2022Q3 pvbc Number Of Loan Production Offices
NumberOfLoanProductionOffices
2
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
29168000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2022Q3 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
10500000
pvbc Repossessed Cryptocurrency Mining Rigs In Exchange For Loan Forgiveness Amount
RepossessedCryptocurrencyMiningRigsInExchangeForLoanForgivenessAmount
27400000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
11300000
CY2022Q3 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
10500000
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
32326000
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2000
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
3160000
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
29168000
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
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
18972000
CY2022Q3 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
46367000
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
573000
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
553000
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
1170000
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
1154000
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
10179000
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
9132000
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
32326000
CY2021Q4 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
14400000
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
24682000
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2457000
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
3885000
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
703000
CY2022Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
28567000
CY2022Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
3160000
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
12769000
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
94000
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
113000
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
5000
CY2021Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
12882000
CY2021Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
99000
CY2022Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1511732000
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1457411000
CY2022Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
29046000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
19496000
CY2022Q3 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
4235000
CY2021Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
4112000
CY2022Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1478451000
CY2022Q3 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
131000
CY2022Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
56310000
CY2022Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
29046000
CY2021Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
19412000
CY2021Q3 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
1607000
CY2021Q3 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
105000
CY2021Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
232000
CY2021Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
18142000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
19496000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
48091000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
243000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
57398000
CY2022Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
29046000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
18518000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
3357000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
327000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2654000
CY2021Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
18142000
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2879000
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
26167000
CY2022Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
29046000
CY2022Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
41673000
CY2022Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1470059000
CY2022Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1511732000
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
CY2022Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
1511732000
CY2022Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
21567000
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1457411000
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
2892000
CY2022Q3 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
35451000
CY2022Q3 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
66283000
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
CY2022Q3 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
6222000
CY2022Q3 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
6222000
CY2022Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2879000
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
CY2022Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
41673000
CY2022Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
72505000
CY2022Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2879000
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
CY2022Q3 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
35416000
CY2022Q3 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
163000
CY2021Q3 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
23051000
CY2021Q3 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
237000
CY2022Q3 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
6222000
CY2021Q3 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
2438000
CY2022Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
41638000
CY2022Q3 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
163000
CY2021Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
25489000
CY2021Q3 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
237000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
35692000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
488000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
23125000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
638000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
6222000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
2689000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
41914000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
488000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
25814000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
638000
CY2021Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2022Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
3
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
1868000
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1868000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
3
CY2021Q3 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1900000
CY2022Q3 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
20500000
CY2021Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
22700000
CY2022Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1511732000
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1457411000
CY2022Q3 us-gaap Demand Deposit Accounts
DemandDepositAccounts
662291000
CY2021Q4 us-gaap Demand Deposit Accounts
DemandDepositAccounts
626587000
CY2022Q3 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
212823000
CY2021Q4 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
197884000
CY2022Q3 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
153602000
CY2021Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
155267000
CY2022Q3 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
354252000
CY2021Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
419625000
CY2022Q3 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
9808000
CY2021Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
5078000
CY2022Q3 pvbc Time Deposits Less Than250000
TimeDepositsLessThan250000
78733000
CY2021Q4 pvbc Time Deposits Less Than250000
TimeDepositsLessThan250000
55454000
CY2022Q3 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
809218000
CY2021Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
833308000
CY2022Q3 us-gaap Deposits
Deposits
1471509000
CY2021Q4 us-gaap Deposits
Deposits
1459895000
CY2022Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
67000000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
8500000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
5000000
CY2022Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
80500000
CY2022Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
67000000.0
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
13500000
CY2022Q3 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0315
pvbc Increase In Other Repossessed Assets
IncreaseInOtherRepossessedAssets
10451000
CY2022Q3 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
10451000
pvbc Repossessed Cryptocurrency Mining Rigs In Exchange For Loan Forgiveness Amount
RepossessedCryptocurrencyMiningRigsInExchangeForLoanForgivenessAmount
27400000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
11300000
CY2022Q3 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
10500000
CY2021Q3 pvbc Other Repossessed Assets Valuation Allowance
OtherRepossessedAssetsValuationAllowance
0
CY2021Q3 pvbc Other Repossessed Assets Valuation Allowance
OtherRepossessedAssetsValuationAllowance
0
CY2022Q3 pvbc Other Repossessed Assets Valuation Allowance
OtherRepossessedAssetsValuationAllowance
0
CY2022Q3 pvbc Other Repossessed Assets Valuation Allowance
OtherRepossessedAssetsValuationAllowance
0
CY2022Q3 pvbc Other Repossessed Assets Operating Expenses Net Of Rental Income
OtherRepossessedAssetsOperatingExpensesNetOfRentalIncome
145000
pvbc Other Repossessed Assets Operating Expenses Net Of Rental Income
OtherRepossessedAssetsOperatingExpensesNetOfRentalIncome
145000
CY2022Q3 pvbc Other Repossessed Assets Expense
OtherRepossessedAssetsExpense
145000
pvbc Other Repossessed Assets Expense
OtherRepossessedAssetsExpense
145000
pvbc Repossessed Cryptocurrency Mining Rigs In Exchange For Loan Forgiveness Amount
RepossessedCryptocurrencyMiningRigsInExchangeForLoanForgivenessAmount
27400000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
11300000
CY2022Q3 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
10500000
CY2022Q3 pvbc Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.045
CY2022Q3 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.060
CY2022Q3 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.080
CY2022Q3 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.040
CY2022Q3 pvbc Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.065
CY2022Q3 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.080
CY2022Q3 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.10
CY2022Q3 pvbc Tier One Leverage Ratio
TierOneLeverageRatio
0.00050
pvbc Capital Conservation Buffer Above Required Capital Ratios
CapitalConservationBufferAboveRequiredCapitalRatios
0.025
CY2022Q3 us-gaap Capital
Capital
201800000
CY2022Q3 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1200
CY2022Q3 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
134563000
CY2022Q3 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.080
CY2022Q3 us-gaap Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
168204000
CY2022Q3 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.100
CY2022Q3 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
180676000
CY2022Q3 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1074
CY2022Q3 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
100922000
CY2022Q3 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.060
CY2022Q3 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
134563000
CY2022Q3 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.080
CY2022Q3 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
180676000
CY2022Q3 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
0.1074
CY2022Q3 us-gaap Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
75692000
CY2022Q3 pvbc Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.045
CY2022Q3 us-gaap Common Equity Tier One Capital Required To Be Well Capitalized
CommonEquityTierOneCapitalRequiredToBeWellCapitalized
109333000
CY2022Q3 pvbc Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.065
CY2022Q3 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
180676000
CY2022Q3 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.1045
CY2022Q3 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
69165000
CY2022Q3 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.040
CY2022Q3 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
86457000
CY2022Q3 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.050
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
us-gaap Net Income Loss
NetIncomeLoss
-24200000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
16100000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
12100000
CY2022Q3 us-gaap Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
4000000.0
us-gaap Dividends Cash
DividendsCash
2000000.0
CY2022Q3 pvbc Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval After Dividend
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApprovalAfterDividend
2000000.0
CY2022Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2021 pvbc Employee Stock Ownership Plan Esop Prime Rate Percentage
EmployeeStockOwnershipPlanEsopPrimeRatePercentage
0.0325
us-gaap Stock Issued During Period Shares Employee Stock Ownership Plan
StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan
89758
CY2022Q3 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
461772
CY2021Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
372014
CY2022Q3 us-gaap Employee Stock Ownership Plan Esop Number Of Committed To Be Released Shares
EmployeeStockOwnershipPlanESOPNumberOfCommittedToBeReleasedShares
67318
CY2021Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Committed To Be Released Shares
EmployeeStockOwnershipPlanESOPNumberOfCommittedToBeReleasedShares
89758
CY2022Q3 us-gaap Employee Stock Ownership Plan Esop Number Of Suspense Shares
EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares
1009778
CY2021Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Suspense Shares
EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares
1077096
CY2022Q3 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
1538868
CY2021Q4 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
1538868
CY2022Q3 us-gaap Employee Stock Ownership Plan Esop Deferred Shares Fair Value
EmployeeStockOwnershipPlanESOPDeferredSharesFairValue
14400000
CY2022Q3 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
334000
CY2021Q3 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
362000
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1100000
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1000000.0
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-35309000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5087000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-24165000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12550000
CY2022Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
17725523
CY2021Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
18094729
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
17782139
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
18364754
CY2022Q3 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
1017339
CY2021Q3 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
1107093
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
1039560
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
1129315
CY2022Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
251910
CY2021Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
349784
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
264646
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
364765
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16456274
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16637852
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16477933
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16870674
CY2021Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
598000
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
473473
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16456274
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17235852
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16477933
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17344147
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.15
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.15
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
150000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
730115
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4000000.0
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4100000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4300000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4400000
pvbc Number Of Branch Locations
NumberOfBranchLocations
2
pvbc Number Of Leased Loan Production Offices
NumberOfLeasedLoanProductionOffices
1
us-gaap Operating Lease Cost
OperatingLeaseCost
236000
us-gaap Operating Lease Cost
OperatingLeaseCost
236000
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0359
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0357
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P26Y6M
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P27Y
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
65000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
261000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
264000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
264000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
270000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
270000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
280000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
280000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
291000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
291000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
6033000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
6033000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7203000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7399000
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2895000
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3012000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4308000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4387000
pvbc Repossessed Cryptocurrency Mining Rigs In Exchange For Loan Forgiveness Amount
RepossessedCryptocurrencyMiningRigsInExchangeForLoanForgivenessAmount
27400000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
11300000
CY2022Q3 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
10500000

Files In Submission

Name View Source Status
0001778784-23-000004-index-headers.html Edgar Link pending
0001778784-23-000004-index.html Edgar Link pending
0001778784-23-000004.txt Edgar Link pending
0001778784-23-000004-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pvbc-20220930.xsd Edgar Link pending
pvbc-20220930x10q.htm Edgar Link pending
pvbc-20220930xex31_1.htm Edgar Link pending
pvbc-20220930xex31_2.htm Edgar Link pending
pvbc-20220930xex32.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
pvbc-20220930_def.xml Edgar Link unprocessable
pvbc-20220930_lab.xml Edgar Link unprocessable
pvbc-20220930_pre.xml Edgar Link unprocessable
pvbc-20220930_cal.xml Edgar Link unprocessable
pvbc-20220930x10q_htm.xml Edgar Link completed
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable