PROVIDENT FINANCIAL HOLDINGS INC
For the period ended Mar 31, 2024. Filed May 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
PROV$18.20+0.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Loan Volume Activities
The following table provides details related to the volume of loan originations, sales and principal payments for the quarters and nine months indicated:
| | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · For the Quarter Ended · For the Nine Months Ended | ||||||||||||
| · · March 31, · · March 31, | ||||||||||||
| (In Thousands) · 2024 · 2023 · 2024 · 2023 | ||||||||||||
| Loans originated for sale: · · · · | ||||||||||||
| Wholesale originations | | $378 | | $— | | $4,448 | | $512 | ||||
| Total loans originated for sale | | | 378 | | | — | | | 4,448 | | | 512 |
| | | | | | | | | | | | | |
| Loans sold: | | | | | | | | | | | | |
| Servicing retained | | | (378) | | | — | | | (4,448) | | | (512) |
| Total loans sold | | | (378) | | | — | | | (4,448) | | | (512) |
| | | | | | | | | | | | | |
| Loans originated for investment: | | | | | ||||||||
| Mortgage loans: | | | | | ||||||||
| Single-family | | | 8,946 | | | 39,543 | | | 30,058 | | | 153,671 |
| Multi-family | | 5,865 | | 10,660 | | 17,586 | | 43,519 | ||||
| Commercial real estate | | 2,172 | | 3,422 | | 8,047 | | 13,772 | ||||
| Construction | | — | | 260 | | — | | 1,648 | ||||
| Commercial business loans | | | 1,250 | | | — | | | 1,250 | | | 190 |
| Total loans originated for investment | | 18,233 | | 53,885 | | 56,941 | | 212,800 | ||||
| | | | | | | | | | | | | |
| Loan principal payments | | (28,513) | | (17,458) | | (69,276) | | (77,184) | ||||
| Increase in other items, net⁽¹⁾ | | 276 | | 940 | | 467 | | 2,096 | ||||
| | | | | | | | | | | | | |
| Net (decrease) increase in loans held for investment | | $(10,004) | | $37,367 | | $(11,868) | | $137,712 | ||||
| (1) | Includes net changes in undisbursed loan funds, deferred loan fees or costs, ACL, fair value of loans held for investment and advance payments of escrows. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.