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BlastPoint's Banking Scorecard

Providence Bank

$1B-$10B Specialty: Commercial NC FDIC cert 58239

Designations: Community bank

Rocky Mount, NC

10 branches across NC

884 banks in the $1B-$10B peer group nationally 9 in NC
View $1B-$10B leaderboard (NC) →

Providence Bank has 5 strengths but faces 4 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Credit Quality Leader: Top 30.9% in tier
  • + Efficiency Ratio 20.49% below tier average
  • + Nonperforming Asset Ratio 0.61% below tier average
  • + ROA 0.39% above tier average
  • + Net Interest Margin 0.26% above tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 4.5% in tier
  • - Credit Risk Growth: Bottom 21.9% in tier
  • - Liquidity Strain: Bottom 43.7% in tier
  • - Non-Interest Income / Assets 0.22% below tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Total Assets ? $1.5B
+7.7% YoY +3.9% QoQ
-$1.4B $2.8B
-0.1% YoY
$92.4B
+2.4% YoY
$6.2B
+9.1% YoY
32%
Total Loans ? $1.2B
+6.1% YoY +3.3% QoQ
-$756.4M $2.0B
+0.6% YoY
$45.0B
+8.2% YoY
$3.2B
+10.8% YoY
43%
Total Deposits ? $1.2B
+7.7% YoY +4.8% QoQ
-$1.1B $2.3B
-0.3% YoY
$72.8B
+2.6% YoY
$4.8B
+8.2% YoY
34%
Return on Assets ? 1.76%
+7.9% YoY -1.6% QoQ
+0.39% 1.37%
+19.6% YoY
0.99%
+29.5% YoY
1.23%
+13.4% YoY
82%
Net Interest Margin ? 4.08%
+5.5% YoY +0.9% QoQ
+0.26% 3.82%
+6.9% YoY
3.42%
+5.0% YoY
3.89%
+5.7% YoY
75%
Efficiency Ratio ? 40.57%
-3.4% YoY +0.4% QoQ
-20.49% 61.06%
-4.6% YoY
69.88%
-8.6% YoY
66.95%
-4.1% YoY
Top 7.5% in tier
Delinquency Rate ? 0.08%
+70.5% YoY +2.3% QoQ
-0.81% 0.89%
+14.1% YoY
0.64%
+21.6% YoY
0.95%
+18.8% YoY
Top 9.4% in tier
Loan-to-Deposit Ratio ? 97.01%
-1.5% YoY -1.4% QoQ
+12.80% 84.20%
+0.3% YoY
79.67%
+1.0% YoY
76.70%
+0.9% YoY
20%
Non-Interest-Bearing Deposit Share ? 15.06%
+2.1% YoY -2.7% QoQ
-6.23% 21.29%
-2.5% YoY
18.50%
+0.3% YoY
22.01%
-1.2% YoY
28%
Nonperforming Asset Ratio ? 0.06%
+67.9% YoY +1.7% QoQ
-0.61% 0.67%
+15.6% YoY
0.45%
+20.5% YoY
0.67%
+19.3% YoY
Top 9.6% in tier
Tier 1 Capital Ratio ? 13.26%
+2.9% YoY -0.5% QoQ
-1.90% 15.16%
+2.0% YoY
20.13%
+3.0% YoY
17.06%
+0.8% YoY
52%
Non-Interest Income / Assets ? 0.03%
-2.7% YoY -78.6% QoQ
-0.22% 0.26%
+1.6% YoY
0.21%
+7.3% YoY
0.32%
+4.1% YoY
Bottom 4.9% in tier

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (1)

Credit Quality Leader

growth
#69 of 220 • Top 30.9% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why this signature
Delinquency Rate: 0.08%
(Tier: 0.89%, National: 0.95%)
better than tier avg
220 of 220 Mid-Market banks match · 922 nationally
→ Stable +2 banks QoQ | QoQ rank improving

Concerns (3)

Credit Quality Pressure

risk
#24 of 513 • Bottom 4.5% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature
Delinquency Rate: 0.08%
(Tier: 0.89%, National: 0.95%)
better than tier avg
513 of 513 Mid-Market banks match · 1899 nationally
→ Stable +2 banks QoQ

Credit Risk Growth

risk
#93 of 420 • Bottom 21.9% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

420 of 420 Mid-Market banks match · 1464 nationally
→ Stable -10 banks QoQ

Liquidity Strain

risk
#147 of 334 • Bottom 43.7% in tier

Loan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.

Why this signature
Loan-to-Deposit Ratio: 97.01%
(Tier: 84.20%, National: 76.70%)
worse than tier avg
334 of 334 Mid-Market banks match · 1013 nationally
→ Stable -50 banks QoQ | QoQ rank declining

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 884 peers in $1B-$10B

Top Strengths (4 metrics)

67
Efficiency Ratio
profitability
Value: 40.57%
Peer Median: 61.06%
#67 of 884 Top 7.5% in $1B-$10B
84
Delinquency Rate
credit_quality
Value: 0.08%
Peer Median: 0.89%
#84 of 880 Top 9.4% in $1B-$10B
86
Nonperforming Asset Ratio
credit_quality
Value: 0.06%
Peer Median: 0.67%
#86 of 884 Top 9.6% in $1B-$10B
156
Return on Assets
profitability
Value: 1.76%
Peer Median: 1.37%
#156 of 884 Top 17.5% in $1B-$10B

Top Weaknesses (2 metrics)

842
Non-Interest Income / Assets
revenue_mix
Value: 0.03%
Peer Median: 0.26%
#842 of 884 Bottom 4.9% in $1B-$10B
709
Loan-to-Deposit Ratio
liquidity
Value: 97.01%
Peer Median: 84.20%
#709 of 884 Bottom 19.9% in $1B-$10B
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