Provident Bancorp, Inc. (MD) Common Stock

Provident Bancorp, Inc. is a holding company that operates as a commercial bank. The company is headquartered in Amesbury, Massachusetts and currently employs 177 full-time employees. The company went IPO on 2015-07-16. The Bank is a full-service commercial bank. The company operates retail branches in the Seacoast Region of Northeastern Massachusetts and New Hampshire, and commercial banking offices in the Manchester/Concord market in Central New Hampshire, delivering a combination of traditional banking services and financial solutions to its markets. The Bank's lending activities include commercial real estate loans, multifamily loans, commercial business loans, construction and land development loans, mortgage warehouse loans, and enterprise value loans. The company invests in various types of investment securities and liquid assets, including United States Treasury obligations, securities of various government-sponsored enterprises, residential mortgage-backed securities and municipal government bonds, deposits at the Federal Home Loan Bank of Boston, certificates of deposit of federally insured institutions, and others.