Brief: Provident Bancorp Reports Qtrly EPS $0.19

Provident Bancorp (Maryland)

25/01/2018 21:30

Jan 25 (Reuters) - Provident Bancorp Inc  PVBC.O : 
    * REPORTS EARNINGS FOR THE DECEMBER 31, 2017 QUARTER AND 
YEAR 
    * QUARTERLY EARNINGS PER SHARE $0.19 
    * QTRLY NET INTEREST AND DIVIDEND INCOME BEFORE PROVISION 
FOR 
LOAN LOSSES INCREASED BY $1.8 MILLION VERSUS  THREE MONTHS ENDED 
DECEMBER 31, 2016 
    * IN DECEMBER 2017, BANK RECORDED A ONE-TIME CHARGE TO 
REDUCE 
CARRYING VALUE OF ITS DEFERRED TAX ASSETS BY $2.0 MILLION DUE TO 
TAX REFORM 
 
Source text for Eikon:  ID:nGNXOMQGMa  
Further company coverage:  PVBC.O  
 
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