January 25, 2018 / 10:04 PM / 3 months ago

BRIEF-Provident Bancorp Reports Qtrly EPS $0.19

Jan 25 (Reuters) - Provident Bancorp Inc:

* REPORTS EARNINGS FOR THE DECEMBER 31, 2017 QUARTER AND YEAR

* QUARTERLY EARNINGS PER SHARE $0.19

* QTRLY ‍NET INTEREST AND DIVIDEND INCOME BEFORE PROVISION FOR LOAN LOSSES INCREASED BY $1.8 MILLION VERSUS THREE MONTHS ENDED DECEMBER 31, 2016

* ‍IN DECEMBER 2017, BANK RECORDED A ONE-TIME CHARGE TO REDUCE CARRYING VALUE OF ITS DEFERRED TAX ASSETS BY $2.0 MILLION DUE TO TAX REFORM Source text for Eikon: Further company coverage:

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