Providence Bank & Trust
South Holland, Illinois, Cook County
$1.6B in total assets, the 740th largest of 4,309 US banks and 45th of 328 headquartered in Illinois.
- FDIC certificate
- 57754
- Established
- 2004
- Owned by
- Providence Financial Corp
- Primary regulator
- FDIC
- Website
- www.providence.bank
At a glance
Compared with 50 banks headquartered in Illinois with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.6B | 20% | $2.7B | |
| Loans | $1.1B | 22% | $2.1B | |
| Deposits | $1.3B | 24% | $2.3B | |
| Return on assets | 0.15% | 2% | 1.42% | |
| Net interest margin | 4.30% | 92% | 3.53% | |
| Efficiency ratio | 51.3% | 51% | 51.0% | |
| Equity to assets | 12.49% | 90% | 9.97% | |
| Loans to deposits | 81% | 32% | 87% |
Growth
Total assets grew 3.3% a year over the last 5 years and 11.9% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| May 2022 | The Leaders Bank Oak Brook, IL | $345M |
| Jan 2019 | Urban Partnership Bank Chicago, IL | $439M |
| Jul 2014 | GreenChoice Bank, fsb Chicago, IL | $70M |
Where they operate
16 branches in 4 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Cook County, IL | $722M | 0.2% | 40 of 90 |
| Lake County, IN | $290M | 1.8% | 10 of 16 |
| Dupage County, IL | $261M | 0.5% | 22 of 43 |
| Will County, IL | $74M | 0.3% | 25 of 34 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 5 branches since 2016 (11 to 16, +45.5%). 4 opened, 6 acquired, 5 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 11 | |||
| 2017 | Opened Oak Lawn and Villa ParkClosed Elmhurst and Lockport | 2 | 2 | 0 | 11 |
| 2018 | Opened Oak Lawn and Palos HeightsClosed Oak Lawn | 2 | 1 | +1 | 12 |
| 2019 | Acquired Urban Partnership Bank | 5 | 0 | +5 | 17 |
| 2021 | Closed Shorewood | 0 | 1 | −1 | 16 |
| 2022 | Acquired The Leaders Bank | 1 | 0 | +1 | 17 |
| 2023 | Closed Cicero | 0 | 1 | −1 | 16 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 52% | 28% | |
| Multifamily | 20% | 9% | |
| Business (C&I) | 13% | 26% | |
| Construction and land | 7% | 7% | |
| 1-4 family residential | 7% | 14% | |
| Consumer | 0% | 6% | |
| Farmland | 0% | 3% | |
| Agricultural | 0% | 2% | |
| Other | 0% | 6% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 49% | 55% | |
| Noninterest-bearing | 26% | 21% | |
| Time deposits | 25% | 24% |
Brokered deposits are 0.0% of deposits (peers 8.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.01% | 0.52% |
| Net charge-offs, annualized | -0.00% | 0.08% |
| Reserves to loans | 1.48% | 1.07% |
| Leverage ratio | 11.50% | 10.08% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Illinois
Largest competitors in Cook County, IL
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/providence-bank-trust-south-holland-il