XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Operating Segment Reports (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2016
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following tables set forth condensed consolidated statements of operations and total assets for the Corporation’s operating segments for the quarters ended September 30, 2016 and 2015, respectively.
| For the Quarter Ended September 30, 2016
(In Thousands) | Provident Bank | Provident Bank Mortgage | Consolidated Totals
Net interest income | $ | 7,575 |  | $ | 1,513 |  | $ | 9,088 |
Provision (recovery) for loan losses | 36 |  | (186 | ) | (150 | )
Net interest income, after provision (recovery) for loan losses | 7,539 |  | 1,699 |  | 9,238 |
Non-interest income: |  |  |
Loan servicing and other fees (1) | 69 |  | 198 |  | 267 |
Gain on sale of loans, net (2) | 1 |  | 7,995 |  | 7,996 |
Deposit account fees | 550 |  | — |  | 550 |
(Loss) gain on sale and operations of real estate owned acquired in the settlement of loans, net | (105 | ) | 2 |  | (103 | )
Card and processing fees | 364 |  | — |  | 364 |
Other | 178 |  | — |  | 178 |
Total non-interest income | 1,057 |  | 8,195 |  | 9,252 |
Non-interest expense: |  |  |
Salaries and employee benefits | 4,894 |  | 6,420 |  | 11,314 |
Premises and occupancy | 856 |  | 433 |  | 1,289 |
Operating and administrative expenses | 1,147 |  | 1,882 |  | 3,029 |
Total non-interest expense | 6,897 |  | 8,735 |  | 15,632 |
Income before income taxes | 1,699 |  | 1,159 |  | 2,858 |
Provision for income taxes | 777 |  | 487 |  | 1,264 |
Net income | $ | 922 |  | $ | 672 |  | $ | 1,594 |
Total assets, end of period | $ | 977,964 |  | $ | 264,550 |  | $ | 1,242,514 |
(1) | Includes an inter-company charge of $95 credited to PBM by the Bank during the period to compensate PBM for originating loans held for investment.
(2) | Includes an inter-company charge of $59 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.
| For the Quarter Ended September 30, 2015
(In Thousands) | Provident Bank | Provident Bank Mortgage | Consolidated Totals
Net interest income | $ | 6,903 |  | $ | 1,163 |  | $ | 8,066 |
Provision (recovery) for loan losses | 12 |  | (50 | ) | (38 | )
Net interest income after provision (recovery) for loan losses | 6,891 |  | 1,213 |  | 8,104 |
Non-interest income: |  |  |
Loan servicing and other fees (1) | 144 |  | (33 | ) | 111 |
Gain on sale of loans, net (2) | 1 |  | 8,923 |  | 8,924 |
Deposit account fees | 610 |  | — |  | 610 |
Gain on sale and operations of real estate owned acquired in the settlement of loans, net | 224 |  | 5 |  | 229 |
Card and processing fees | 362 |  | — |  | 362 |
Other | 213 |  | — |  | 213 |
Total non-interest income | 1,554 |  | 8,895 |  | 10,449 |
Non-interest expense: |  |  |
Salaries and employee benefits | 4,553 |  | 6,239 |  | 10,792 |
Premises and occupancy | 696 |  | 412 |  | 1,108 |
Operating and administrative expenses | 989 |  | 1,471 |  | 2,460 |
Total non-interest expense | 6,238 |  | 8,122 |  | 14,360 |
Income before income taxes | 2,207 |  | 1,986 |  | 4,193 |
Provision for income taxes | 915 |  | 835 |  | 1,750 |
Net income | $ | 1,292 |  | $ | 1,151 |  | $ | 2,443 |
Total assets, end of period | $ | 1,013,345 |  | $ | 163,892 |  | $ | 1,177,237 |
(1) | Includes an inter-company charge of $65 credited to PBM by the Bank during the period to compensate PBM for originating loans held for investment.
(2) | Includes an inter-company charge of $108 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration