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| 8-K - FORM 8-K - PROVIDENT FINANCIAL SERVICES INC | d393665d8k.htm |
 FACT SHEET
as of 6/30/12
NYSE: PFS
Our Commitment Shines Through
Exhibit 99.1 |
 LOAN
PORTFOLIO as of June 30, 2012
Total Loans: $4.7 Billion
Average Loan Yield: 4.76%
DEPOSIT MIX
as of June 30, 2012
Total Deposits: $5.2 Billion
Cost of Deposits: 0.50%
Corporate Profile
Provident Financial Services, Inc.
is the holding company for The Provident Bank. Established in 1839, The Provident Bank
emphasizes personal service and customer convenience in attending to the financial needs of
businesses, individuals and families in northern and central New Jersey through its
network of full service branches, as well as its telephone and web- based banking
services. The Bank’s wholly owned subsidiary, Beacon Trust Company offers a full
range of asset management services to individuals, municipalities,
not-for-profits, corporations and pension funds. Provident Financial’s
common stock trades on the NYSE under the symbol “PFS“. Company
Highlights: •
New Jersey’s oldest state chartered bank
•
Experienced Management Team and best practices Board of Directors
•
Over 75 branch offices in 11 New Jersey Counties
•
Well capitalized under current regulatory standards
•
Eight year history of quarterly cash dividends to stockholders
•
Wealth Management and Trust Administration Services |
 NET INTEREST
MARGIN CREDIT QUALITY
NON-PERFORMING LOANS
EARNINGS PER SHARE
Total Assets
$7.13 billion
3.00%
Net Loans
$4.66 billion
90.96%
Total Investments
$1.71 billion
80.16%
Total Deposits
$5.21 billion
1.53%
$615 million
ALLL/NPLs
62.80%
Selected Key Ratios
Q2 2012
Q2 2012
Net Interest Margin
3.39%
Annualized ROATE
10.49%
0.85%
Efficiency Ratio
59.07%
Annualized ROAA
0.90%
1.58%
FINANCIAL HIGHLIGHTS
Total Assets-CAGR 5 Years:
Financial data as of 6/30/12
Tangible Common Equity
Avg. Cost of Int.-bearing Liabilities
Loan/Deposit Ratio
ALLL/Total Loans
Core Deposits/Total Deposits
Net Operating Expense to Average Assets
*2009 EPS excluding goodwill impairment was $0.55 |
 239 Washington
Street Jersey City, NJ 07302
732-590-9300
Forward Looking Statement:
Forward Looking Statement:
Certain
statements
contained
herein
are
"forward-looking
statements"
within
the
meaning
of
Section27A
of
the
Securities
Act
of
1933
and
Section21E
of
the
Securities
Exchange
Act
of
1934.
Such
forward-looking
statements
may
be
identified
by
reference
to
a
future
period
or
periods,
or
by
the
use
of
forward-
looking
terminology,
such
as
"may,"
"will,"
"believe,"
"expect,"
"estimate,"
"anticipate,"
"continue,"
or
similar
terms
or
variations
on
those
terms,
or
the
negative
of
those
terms.
Forward-looking
statements
are
subject
to
numerous
risks
and
uncertainties,
including,
but
not
limited
to,
those
related
to
the
economic
environment,
particularly
in
the
market
areas
in
which
Provident
Financial
Services,
Inc.
(the
“Company”)
operates,
competitive
products
and
pricing,
fiscal
and
monetary
policies
of
the
U.S.
Government,
changes
in
government
regulations
affecting
financial
institutions,
including
regulatory
fees
and
capital
requirements,changes
in
prevailing
interest
rates,
acquisitions
and
the
integration
of
acquired
businesses,
credit
risk
management,
asset-liability
management,
the
financial
and
securities
markets
and
the
availability
of
and
costs
associated
with
sources
of
liquidity.
The
Company
cautions
readers
not
to
place
undue
reliance
on
any
such
forward-looking
statements,
which
speak
only
as
of
the
date
made.
The
Company
also
advises
readers
that
the
factors
listed
above
could
affect
the
Company's
financial
performance
andcould
cause
the
Company's
actual
results
for
future
periods
to
differ
materially
from
any
opinions
or
statements
expressed
with
respect
to
future
periods
in
any
current
statements.
The
Company
does
not
undertake
and
specifically
declines
any
obligation
to
publicly
release
the
result
of
any
revisions
whichmay
be
made
to
any
forward-looking
statements
to
reflect
events
or
circumstances
after
the
date
of
such
statements
or
to
reflect
the
occurrence
of
anticipated
or
unanticipated
events.
Christopher Martin
Chairman, President & CEO
Chris.martin@providentnj.com
Thomas M. Lyons
Executive Vice President & CFO
Tom.lyons@providentnj.com
Leonard G. Gleason
Senior Vice President &
Investor Relations Officer
Len.gleason@providentnj.com |