Provident profits up 5.1% for quarter

July 16, 1992

Provident Bankshares Corp., parent of Provident Bank of Maryland, reported that sharply lower interest expenses and higher operating expenses resulted in a 5.1 percent increase in second-quarter income.

Three months ended 6/30/92

... ... Income.... ... ... ... Share '92... .904,000... ... ... .. 0.14

'91 ... 860,000... ... .. ... 0.14

% change +5.1... ... ... .. ... 0.0

Six months ended 6/30/92

... ...Income... ... ... ... Share

'92... 1,510,000... ... ... 0.24

'91... 1,675,000... ... ... 0.28

% change 9.9... ... ... .... 14.3

Balances as of 6/30/92

... ...Assets... ... ... ... Deposits

'92.. .1,537,189,000... ... 1,211,527,000

'91... 1,535,800,000... ... 1,183,823,000

% change +0.1... ... ... ... +2.3

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.