Applications / Mortgage Analytics / Lenders / New Jersey / Provident Bank
Jersey City, NJ · Savings institution · FDIC · $24.9 billion assets · 1,294 loans in 2025
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1,294
loans originated, 2025
2,441
applications, 2025
6
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Provident Bank, a New Jersey savings institution, made 17% fewer loans in 2025 than in 2024 but lent more dollars: $987.6 million against $662.7 million.
Originations fell 17% to 1,294, the lowest change among similar lenders (savings institutions making between half and twice as many loans), which rose 5% in the typical case; the whole market rose 10%. Yet its dollar total was higher than about nine in ten similar lenders', and its typical loan rose to $245,000 from $195,000. Dollars rising much faster than the typical loan may point to some large loans.
The 1,563 loans of 2024 were the most of any year since 2018, up from 838 in 2023, and it merged with Lakeland Bank in 2024. One possibility is that the merger lifted 2024 lending, and 2025 sits closer to the 1,218 of five years before.
Of its loans, 29.9% were in majority-minority areas, against 8.1% for the typical similar lender, and 22.1% in low- and moderate-income (LMI) areas, against 12.8%; both were higher than more than eight in ten similar lenders. Its share of loans to LMI borrowers, 25.1%, was near the middle.
In Trenton-Princeton its share rose to 1.5% from 0.3%, ranking 15 of 365, and in Allentown-Bethlehem-Easton to 0.5% from 0.1%. In New York-Newark-Jersey City, its largest market, it ranked 37 of 802.
Questions the data can answer next
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Provident Bank took 2,441 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 32.1% · Purchase 30.9% · Other 29.1% · Home improvement 8.0%
Conventional 99.1% · FHA 0.9% · VA 0.1% · of 1,294 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| New Jersey | 1,180 | 91.2% |
| New York | 56 | 4.3% |
| Pennsylvania | 48 | 3.7% |
| Florida | 8 | 0.6% |
| New Hampshire | 1 | 0.1% |
| Tennessee | 1 | 0.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Newark | 478 |
| Lakewood-New Brunswick | 434 |
| New York-Jersey City-White Plains | 259 |
| Allentown-Bethlehem-Easton | 24 |
| Trenton-Princeton | 19 |
| Montgomery County-Bucks County-Chester County | 13 |
| Camden | 12 |
| Kiryas Joel-Poughkeepsie-Newburgh | 8 |
| Philadelphia | 8 |
| Atlantic City-Hammonton | 6 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 5493004NH61PL6YYNH25 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 204004 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 312010 | 1990–2017 |
Established 28 February 1839. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Provident Bank's data.
Provident Bank's data
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Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
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