CONDENSED FINANCIAL STATEMENTS OF PARENT ONLY - Parent Only Statement of Cash Flows (Details 2) - USD ($) $ in Thousands |
3 Months Ended |
12 Months Ended |
Mar. 31, 2019 |
Dec. 31, 2018 |
Sep. 30, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 31, 2017 |
Sep. 30, 2017 |
Jun. 30, 2017 |
Mar. 31, 2017 |
Dec. 31, 2018 |
Dec. 31, 2017 |
| Cash flows from operating activities: |
|
|
|
|
|
|
|
|
|
|
|
| Net income |
$ 2,218
|
$ 2,835
|
$ 2,078
|
$ 2,390
|
$ 2,022
|
$ 1,741
|
$ 2,771
|
$ 1,601
|
$ 1,802
|
$ 9,325
|
$ 7,915
|
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: |
|
|
|
|
|
|
|
|
|
|
|
| Decrease in other assets |
175
|
|
|
|
(611)
|
|
|
|
|
(613)
|
539
|
| Increase (decrease) in other liabilities |
(1,166)
|
|
|
|
(664)
|
|
|
|
|
2,787
|
1,036
|
| Cash flows from financing activities: |
|
|
|
|
|
|
|
|
|
|
|
| Purchase of treasury stock |
|
|
|
|
|
|
|
|
|
(215)
|
(594)
|
| Net increase (decrease) in cash and cash equivalents |
(4,887)
|
|
|
|
(25,369)
|
|
|
|
|
(19,076)
|
36,984
|
| Cash and cash equivalents at beginning of year |
28,613
|
|
|
$ 22,320
|
47,689
|
|
|
|
10,705
|
47,689
|
10,705
|
| Cash and cash equivalents at end of year |
23,726
|
28,613
|
|
|
22,320
|
47,689
|
|
|
|
28,613
|
47,689
|
| PROVIDENT BANCORP, INC. |
|
|
|
|
|
|
|
|
|
|
|
| Cash flows from operating activities: |
|
|
|
|
|
|
|
|
|
|
|
| Net income |
|
|
|
|
|
|
|
|
|
9,325
|
7,915
|
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: |
|
|
|
|
|
|
|
|
|
|
|
| Equity in undistributed earnings of subsidiaries |
|
|
|
|
|
|
|
|
|
(9,289)
|
(7,896)
|
| Decrease in other assets |
|
|
|
|
|
|
|
|
|
191
|
191
|
| Increase (decrease) in other liabilities |
|
|
|
|
|
|
|
|
|
13
|
(51)
|
| Net cash provided by operating activities |
|
|
|
|
|
|
|
|
|
240
|
159
|
| Cash flows from financing activities: |
|
|
|
|
|
|
|
|
|
|
|
| Purchase of treasury stock |
|
|
|
|
|
|
|
|
|
(215)
|
(594)
|
| Net cash used in financing activities |
|
|
|
|
|
|
|
|
|
(215)
|
(594)
|
| Net increase (decrease) in cash and cash equivalents |
|
|
|
|
|
|
|
|
|
25
|
(435)
|
| Cash and cash equivalents at beginning of year |
$ 5,249
|
|
|
|
$ 5,224
|
|
|
|
$ 5,659
|
5,224
|
5,659
|
| Cash and cash equivalents at end of year |
|
$ 5,249
|
|
|
|
$ 5,224
|
|
|
|
$ 5,249
|
$ 5,224
|