BlastPoint

BlastPoint's Banking Scorecard

Providence Bank

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

Designations: ✓ Community bank

Rocky Mount, NC

10 branches across NC

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 9 in NC.
  • Deposits +8.7% year over year ($1.3B on the books).
  • Delinquency rate 0.12%.
  • Return on assets 1.80%.
  • Efficiency ratio 39.90% vs a 59.73% peer average.
  • Loan-to-deposit ratio 96.62% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

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

Providence Bank has 4 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 15.8% in tier
  • + Efficiency Ratio 19.83% below tier average
  • + ROA 0.40% above tier average
  • + Net Interest Margin 0.20% above tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 13.6% in tier
  • - Credit Risk Growth: Bottom 33.3% in tier
  • - Liquidity Strain: Bottom 49.6% in tier
  • - Non-Interest Income / Assets 0.46% below tier average
Get updates when Providence Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Total Assets ? $1.5B
+8.0% YoY +3.7% QoQ
-$1.3B $2.8B
-0.6% YoY
$92.1B
+0.4% YoY
$6.3B
+7.7% YoY
35%
Total Loans ? $1.2B
+7.2% YoY +3.4% QoQ
-$713.9M $2.0B
-0.3% YoY
$45.3B
+5.8% YoY
$3.2B
+9.4% YoY
45%
Total Deposits ? $1.3B
+8.7% YoY +3.8% QoQ
-$1.0B $2.3B
-0.5% YoY
$72.9B
+1.1% YoY
$4.9B
+7.3% YoY
37%
Return on Assets ? 1.80%
+7.6% YoY +2.0% QoQ
+0.40% 1.39%
+17.0% YoY
1.06%
+26.4% YoY
1.30%
+12.1% YoY
82%
Net Interest Margin ? 4.07%
+4.0% YoY -0.1% QoQ
+0.20% 3.87%
+6.2% YoY
3.48%
+5.1% YoY
3.95%
+4.9% YoY
72%
Efficiency Ratio ? 39.90%
-4.4% YoY -1.7% QoQ
-19.83% 59.73%
-12.6% YoY
69.25%
-8.2% YoY
70.05%
+2.5% YoY
Top 7.2% in tier
Delinquency Rate ? 0.12%
+259.9% YoY +58.4% QoQ
-0.74% 0.87%
+11.7% YoY
0.62%
+17.0% YoY
0.98%
+16.3% YoY
Top 14.4% in tier
Loan-to-Deposit Ratio ? 96.62%
-1.4% YoY -0.4% QoQ
+11.59% 85.04%
-0.1% YoY
80.66%
+1.6% YoY
79.03%
+2.3% YoY
22%
Non-Interest-Bearing Deposit Share ? 14.76%
-4.1% YoY -2.0% QoQ
-6.51% 21.27%
-1.5% YoY
18.90%
+1.9% YoY
21.98%
-0.6% YoY
26%
Nonperforming Asset Ratio ? 0.10%
+74.8% YoY +57.9% QoQ
-0.57% 0.67%
+11.7% YoY
0.44%
+14.6% YoY
0.69%
+15.8% YoY
Top 14.7% in tier
Tier 1 Capital Ratio ? 12.21%
-5.3% YoY -7.9% QoQ
-2.63% 14.84%
-0.4% YoY
20.01%
+3.4% YoY
17.09%
+0.8% YoY
37%
Non-Interest Income / Assets ? 0.07%
+2.0% YoY +98.1% QoQ
-0.46% 0.53%
+2.5% YoY
0.43%
+2.6% YoY
0.66%
+5.2% YoY
Bottom 4.9% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Noninterest-Bearing 14.8%
-0.6pp YoY
-0.3pp QoQ
 -6.6pp 21.4% 21.8% 22.2% 26%
Brokered Deposits 9.8%
-3.7pp YoY
-1.0pp QoQ
 +0.3pp 9.5% 7.7% 8.5% 68%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
C&I 6.2%
-1.6pp YoY
-0.4pp QoQ
 -7.8pp 14.0% 10.5% 12.5% 24%
CRE 79.0%
+1.6pp YoY
+0.7pp QoQ
 +29.0pp 50.0% 46.3% 41.4% 95%
1-4 Family 13.1%
+0.6pp YoY
-0.2pp QoQ
 -13.4pp 26.4% 44.2% 31.3% 25%
Consumer 1.8%
-0.6pp YoY
-0.2pp QoQ
 -3.0pp 4.7% 1.6% 5.0% 60%

Capital

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
CET1 Ratio n/a n/a 15.6% 22.8% 19.7% n/a
Leverage Ratio 12.2%
+0.4pp YoY
-0.3pp QoQ
 +0.9pp 11.3% 14.4% 12.6% 78%
Total Capital Ratio n/a n/a 16.7% 23.8% 20.8% n/a

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Full-Time Employees 96
+1 (+1.1%) YoY
-2 (-2.0%) QoQ
 -218 313 5,103 482 6%
Assets per Employee ($) $15.8M
+6.9% YoY
+5.9% QoQ
 +$5.3M $10.5M $9.4M $8.8M 91%
Branch Count 10
0 YoY
0 QoQ
 -10 20 170 18 29%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.2% 0.1% 0.4% n/a
Nonaccrual 0.1%
+0.1pp YoY
0.0pp QoQ
 -0.7pp 0.8% 0.7% 1.0% 14%
Allowance Coverage 7.17x
-73.1% YoY
-38.3% QoQ
 -11.54x 18.71x 3.36x 20.23x 84%
Net Charge-off Rate (YTD) 0.0%
0.0pp YoY
0.0pp QoQ
 -0.3pp 0.3% 0.1% 0.2% 18%

Profitability

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
ROE 14.3%
+0.4pp YoY
+0.4pp QoQ
 +1.8pp 12.6% 8.7% 11.6% 68%
Cost of Funds (YTD) 2.4%
-0.3pp YoY
0.0pp QoQ
 +0.5pp 1.9% 1.8% 1.7% 83%
Net Income ($, YTD) $13.1M
+15.7% YoY
— QoQ
 -$6.1M $19.2M $518.0M $40.4M 53%

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
#36 of 221 • Top 15.8% in tier

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

Why this signature
Delinquency Rate: 0.12%
(Tier: 0.87%, National: 0.98%)
better than tier avg
221 of 221 Mid-Market banks match · 920 nationally
→ Stable +1 banks QoQ | QoQ rank improving

Concerns (3)

Credit Quality Pressure

risk
#68 of 492 • Bottom 13.6% in tier

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

Why this signature
Delinquency Rate: 0.12%
(Tier: 0.87%, National: 0.98%)
better than tier avg
492 of 492 Mid-Market banks match · 1820 nationally
→ Stable -71 banks QoQ | QoQ rank declining

Credit Risk Growth

risk
#135 of 402 • Bottom 33.3% in tier

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

402 of 402 Mid-Market banks match · 1401 nationally
→ Stable -58 banks QoQ | QoQ rank declining

Liquidity Strain

risk
#180 of 361 • Bottom 49.6% 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: 96.62%
(Tier: 85.04%, National: 79.03%)
worse than tier avg
361 of 361 Mid-Market banks match · 1092 nationally
→ Stable +81 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 885 peers in $1B-$10B

Top Strengths (4 metrics)

65
Efficiency Ratio
profitability
Value: 39.90%
Peer Median: 59.73%
#65 of 885 Top 7.2% in $1B-$10B
128
Delinquency Rate
credit_quality
Value: 0.12%
Peer Median: 0.87%
#128 of 882 Top 14.4% in $1B-$10B
131
Nonperforming Asset Ratio
credit_quality
Value: 0.10%
Peer Median: 0.67%
#131 of 885 Top 14.7% in $1B-$10B
157
Return on Assets
profitability
Value: 1.80%
Peer Median: 1.39%
#157 of 885 Top 17.6% in $1B-$10B

Top Weaknesses (2 metrics)

843
Non-Interest Income / Assets
revenue_mix
Value: 0.07%
Peer Median: 0.53%
#843 of 885 Bottom 4.9% in $1B-$10B
694
Loan-to-Deposit Ratio
liquidity
Value: 96.62%
Peer Median: 85.04%
#694 of 885 Bottom 21.7% in $1B-$10B
Powered by BlastPoint © 2026