# PROVIDENCE BANK
ROCKY MOUNT, NC · FDIC certificate 58239 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.51B | |
| Deposits | $1.29B | |
| Loans and leases | $1.26B | |
| Total equity | $186.5M | |
| Loans / deposits | 96.62% (p78 of band) | 87.10% |
| Liquid assets / assets | 13.68% (p17 of band) | |
| Uninsured deposits / deposits | 21.53% (p21 of band) | 30.76% |
| Brokered deposits | 8.34% | |
| Wholesale funding | 9.99% (p64 of band) | |
| FHLB advances / assets | 1.65% | |
| Tier 1 leverage | 12.21% (p78 of band) | 10.50% |
| Unrealized securities loss / equity | -4.12% (p68 of band) | -7.75% |
| AOCI / equity | -0.70% (p26 of band) | |
| ROA (annualized) | 1.80% (p82 of band) | 1.26% |
| Net interest margin | 4.07% (p73 of band) | 3.70% |
| Efficiency ratio | 39.90% (p8 of band) | |
| Noncurrent loans | 0.12% (p16 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p24 of band) | |
| Reserve coverage of noncurrent | 716.51% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 112.22% (p92 of band) | |
| Auto loans | $555,000 (0.04% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 8.7% | |
| Employees | 96 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | loans exceed deposits, brokered >10%, wholesale funding >15%, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 3 |  | loans exceed deposits, construction >100% equity |
| 2011-09 | 4 | capital falling |  |
| 2011-12 | 4 |  |  |
| 2012-03 | 3 |  | capital falling |
| 2012-06 | 3 |  |  |
| 2012-09 | 4 | uninsured deposits leaving |  |
| 2012-12 | 6 | deposits shrinking, assets shrinking |  |
| 2013-03 | 4 |  | deposits shrinking, assets shrinking |
| 2013-06 | 4 |  |  |
| 2013-09 | 4 | capital falling | reserve under noncurrent |
| 2013-12 | 2 |  | uninsured deposits leaving, capital falling |
| 2014-03 | 2 |  |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 3 | capital falling |  |
| 2014-12 | 2 |  | capital falling |
| 2015-03 | 2 |  |  |
| 2015-06 | 4 | deposits shrinking, uninsured deposits leaving |  |
| 2015-09 | 3 |  | deposits shrinking |
| 2015-12 | 2 |  | uninsured deposits leaving |
| 2016-03 | 3 | capital falling |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 2 |  | capital falling |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | capital falling |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 2 |  | capital falling |
| 2018-03 | 2 |  |  |
| 2018-06 | 0 |  | brokered >10%, wholesale funding >15% |
| 2018-09 | 2 | wholesale funding >15%, capital falling |  |
| 2018-12 | 3 | loans exceed deposits |  |
| 2019-03 | 2 |  | capital falling |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 1 |  | wholesale funding >15% |
| 2020-03 | 2 | wholesale funding >15% |  |
| 2020-06 | 3 | capital falling |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 1 |  | wholesale funding >15%, capital falling |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 | construction >100% equity | loans exceed deposits |
| 2021-09 | 2 | capital falling |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | capital falling |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 4 | loans exceed deposits, brokered >10%, wholesale funding >15% |  |
| 2023-03 | 4 |  |  |
| 2023-06 | 4 |  |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 6 | capital falling, uninsured deposits leaving |  |
| 2024-03 | 4 |  | capital falling, uninsured deposits leaving |
| 2024-06 | 3 |  | loans exceed deposits |
| 2024-09 | 3 |  |  |
| 2024-12 | 4 | loans exceed deposits |  |
| 2025-03 | 3 |  | loans exceed deposits |
| 2025-06 | 2 |  | wholesale funding >15% |
| 2025-09 | 1 |  | brokered >10% |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2023-08-30 [Rocky Mount’s Providence Bank to acquire Coastal Bank & Trust - Business North Carolina](https://news.google.com/rss/articles/CBMiigFBVV95cUxNc0VWSzNFQUVBd2ZJRk8yX3VpMGhrU21Za3AwQTBCZjlfbHlHTzdvcWlKZWxWejcweGVqQ2Uyb2lUY0xkdEt2OEh6QmhhWnk2OGlVS0NnanlIbm9EMG5FN1ZvbTdNNXVDenlhRUoyaFd3Y0RUR0VpN1pnZkFIM1ROOE5qWTFuN1dTeVE?oc=5) · Business North Carolina
- 2023-08-30 [Merger forms billion-dollar bank in Eastern NC, signals return of M&A - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxPZGJlMnFxT1pUQWdlV01Bci1POHN0OW1nVG1MN1c5MHVmNEZZU2t5YzhNeTdDMFpvdW8takhLY2g0NUJpNVU4VDN0a19KeEFDeWc1V2VfSk9JS3JsUXM5LVdEbjBsc0Z3ck9aR19xZlZ0b245WjdmNGpwWWJ4NVR4SkpYRWxKWlFLbklGZE1pOWdVQXdNUWtfdkZLZGt3ODJob0o2Q0FB?oc=5) · The Business Journals
- 2022-03-07 [New executives join Providence Bank - Rocky Mount Telegram](https://news.google.com/rss/articles/CBMizwFBVV95cUxNX1dxZ0x2Z3NCbGhobDBKc1FMWS16RHZ0ejBfTlY3ZWZWdzFzenRxd3pfMU0tcF9OSEdQRUR1SE9vMmlRMFlXczBZOW5xWVNqWkwxNm84SVlyVlN6eS12YTl2cjdJanA5a2Y1bU4tYmhHejhNWVNUbWY3RzNPWVQ4ZnNnMGJ3QVhVcUxYV2l1bjA3R01ma3J0NFN5cFg0ZWNobmg2VXZqRFJlUERkYU5Wd0tHVjdvU09ycXpOMHJMTGxzZngyVGpDTGhNdzhrb1E?oc=5) · Rocky Mount Telegram
- 2026-08-15 [Emotional night for newest Jacksonville-Onslow Sports Hall of Fame members - The Daily News - Jacksonville, NC](https://news.google.com/rss/articles/CBMi6gFBVV95cUxOVGRRRDZzcHJRbGRpbzVWSk83NzNmb05PYThwLWpMREVRM0NYcDNFdTU4a285SHBlRDEzQVdxdFRpY29seEZLWEZaRlh2VlI1eEZjUHpsWS1kSUVsY3pXNEtRQlZFYm1ITkJrWmhxUVI3OU5YNE0wY25DZ3BZR001TWd3WWY5akl2eFhqWjEwWThZb3VoR0FIYVY0cWtxdllNNy0yYXg1T2pINnpCSU92b3dSMzhScldyUlB1Z2prclVmSkFlZmpJb0FrMGZvWnFDTXcwSzJQckJGRGM4SENOOWhLNURQRjdmT2c?oc=5) · The Daily News - Jacksonville, NC
- 2017-08-01 [Eastern N.C. bank CEO Ted Whitehurst dishes on his biggest deal - Business North Carolina](https://news.google.com/rss/articles/CBMijwFBVV95cUxNcEY2b0p4ZWU3RkdheXItZHVFZklwZk1wNnRyY0Zrei04RG9kUWtVVXNBdi12QlZlWWhwTW4wTW16VXFlWnZtWGhCdGxudWRtNUY4RHplbTQ4VnZRWnctVGZpeHRGaGZGYzJGMHhiVk40SkxpYmlLVkpiNWk1dE92MzRDbkpBa0xHN240d2M5dw?oc=5) · Business North Carolina
- 2025-04-25 [Pb Finl (PBNC) Stock Price, News & Analysis - stocktitan.net](https://news.google.com/rss/articles/CBMiU0FVX3lxTE42aS1EMUxmQVM3SEttM0xTRmN1eTVXVmhhRDBPNFVhSUhKczlSc01xWFlQbXFYXzRQTk1yOUwweTBFZU5XR0phMldwRUpuM2s2cGJN?oc=5) · stocktitan.net
- 2020-01-30 [Rocky Mount officers evacuate homes on Old Mill Rd after suspicious package found during robbery arrests - ABC11 News](https://news.google.com/rss/articles/CBMimAFBVV95cUxQdXNqT0hkcHNDSzB1UzVERFIzMWNXb25qMkNZeUZ1aU9laGJQSFB0YWxMaEpfdkNiVjBWQmV2eTdnbnViM1Utc3ZzcUNQdTc5WmxUb0tFcmU2UVR3N2xxNzVkN09HcEpqbWJtZDBDbUdjUlgwSDkwV1ZSeVh0VjdKM1M5c0Y3dmJ2MUtHOWRMdUZQTllhOE9RMtIBngFBVV95cUxORG5CUW1XWWpKem1SeENSMEY3ZnVaVjhYV3A0TzRCaWdQWkhodVZqS1JBT24wUDdtN0hLTzU3MWFrSFJxYl9zNTFVRzMzcXVtOE9VN0psUW1yRDNnd0t1SGVFZUozMkF5enNLX1NmSVpGUXI1cm8yOGhOUFllV1J5RlA4dUdvOGxnVmN1QVBxdHN6VHQ3UkJndFloRkVFQQ?oc=5) · ABC11 News
- 2026-03-12 [Thousands of homes, businesses without power in Eastern Carolina - WITN](https://news.google.com/rss/articles/CBMilAFBVV95cUxOblRVQXVneDVhMXQ5TWUyN2pfbkZGVEFNaE5zYlNMWm5uWkZoT2ZneC1VUDh1b0NqdlgtbFoxbGsxUktrR0QyaGtwSWIwWmtRZ1dPV3k0Q2YxMVRKM3hvSEhiZDZKNnVpRTZNLURHUUstNDhzdFFTeUVZb2Z6anBpTWQzM2J4OGFsc2hDakxKVFIwSUFZ0gGoAUFVX3lxTE1XTlZKaXhiRWJPVzA0YWJZMmQybnNaR19vSk9MT0dqWmxhbjI2S1duT0Q1UDJ2UFc2ZFh5US1SRGdiNnlQOEtBeVVOTldsSnItcHNPWDBrSUZ4Zjh0b3JIcWczUHpiY0k3X3dIc0NLTUdiWnY5bGszdlpTM084anZEYWJNSW5feFBfWmZKZXpkamRHU2tKTW5waDg0OEFzcnZHVy1WOXBKaA?oc=5) · WITN

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58239 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/63.json (key "58239", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide