PFS 10-Q Quarterly Report June 30, 2024 | Alphaminr
PROVIDENT FINANCIAL SERVICES INC

PFS 10-Q Quarter ended June 30, 2024

PROVIDENT FINANCIAL SERVICES INC
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TABLE OF CONTENTS
Part I Financial InformationItem 1. Financial StatementsNote 1. Summary Of Significant Accounting PoliciesNote 2. Business CombinationsNote 3. Investment SecuritiesNote 4. Loans Receivable and Allowance For Credit LossesNote 5. DepositsNote 6. Borrowed FundsNote 7. Subordinated DebenturesNote 8. Components Of Net Periodic Benefit CostNote 9. ContingenciesNote 10. Allowance For Credit Losses on Off-balance Sheet Credit ExposuresNote 11. Fair Value MeasurementsNote 12. Other Comprehensive Income (loss)Note 13. Derivative and Hedging ActivitiesNote 14. Revenue RecognitionNote 15. LeasesNote 16. Impact Of Recent Accounting PronouncementsItem 2. Management S Discussion and Analysis Of Financial Condition and Results Of OperationsItem 3. Quantitative and Qualitative Disclosures About Market RiskItem 4. Controls and ProceduresPart II Other InformationItem 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales Of Equity Securities, Use Of Proceeds, and Issuer Purchases Of Equity SecuritiesItem 3. Defaults Upon Senior SecuritiesItem 4. Mine Safety DisclosuresItem 5. Other InformationItem 6. Exhibits

Exhibits

2.1 Agreement and Plan of Merger by and between Provident Financial Services, Inc. and Lakeland Bancorp, Inc. (Filed as Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on September27, 2022/File No. 001-31566) 2.2 Amendment No. 1 to Agreement and Plan of Merger, dated December 20, 2023, by and among Provident Financial Services, Inc., NL 239 Corp. and Lakeland Bancorp, Inc. (Filed as Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 20, 2023/File No. 001-31566) 2.3 Amendment No. 2 to Agreement and Plan of Merger, dated March 29, 2024, by and among Provident Financial Services, Inc., NL 239 Corp. and Lakeland Bancorp, Inc. (Filed as Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on March 29, 2024/File No. 001-31566) 3.2 Amended and Restated Bylaws of Provident Financial Services, Inc. (Filed as an exhibit to the CompanysForm 10-K filed with the Securities and Exchange Commission onMay 16, 2024/File No. 001-31566.) 4.2 Indenture, dated May 13, 2024, between Provident Financial Services, Inc. and Wilmington Trust, National Association, as trustee.(Filed as Exhibit4.1to the CompanysForm 8-Kfiled with the Securities and Exchange Commission onMay13, 2024/File No. 001-31566.) 4.3 First Supplemental Indenture, dated May 13, 2024, between Provident Financial Services, Inc. and Wilmington Trust, National Association, as trustee. (Filed as Exhibit 4.2to the Companys Form 8-K filed with the Securities and Exchange Commission on May 13, 2024/File No. 001-31566.) 10.1 Executive ViceChairmanAgreement, datedas ofSeptember 26, 2022,by andbetween Provident Financial Services, Inc. andThomas J. Shara. (Filed as Exhibit10.1 to the Companys Form 8-K filed with the Securities and Exchange Commission on May 16, 2024/File No. 001-31566.) 10.2 Change in Control Agreement, datedas of September26, 2022,by andbetween Provident Financial Services, Inc. andThomas J. Shara. (Filed as Exhibit10.2to the Companys Form 8-K filed with the Securities and Exchange Commission on May 13, 2024/File No. 001-31566.) 10.3 Retention and Award Agreement, datedas of September26, 2022,by andbetween Provident Financial Services, Inc. andThomas J. Shara. (Filed as Exhibit10.3to the Companys Form 8-K filed with the Securities and Exchange Commission on May 13, 2024/File No. 001-31566.) 10.4 Non-Competition and Non-Solicitation Agreement,datedas ofSeptember26, 2022,by andbetween Provident Financial Services, Inc. andThomas J. Shara. (Filed as Exhibit10.4to the Companys Form 8-K filed with the Securities and Exchange Commission on May 13, 2024/File No. 001-31566.) 10.5 Supplemental Executive Retirement Plan Agreement for Thomas J. Shara, effective as of April 2, 2008, among Lakeland Bancorp, Inc., Lakeland Bank and Thomas J. Shara (Filed as an Exhibit to Lakeland Bancorp, Inc.s Current Report on Form 8-K filed with the Securities and Exchange Commission on May 28, 2008/File No. 000-17820.) 10.6 Deferred Compensation Agreement, dated February 27, 2015, among Lakeland Bancorp, Inc., Lakeland Bank and Thomas J. Shara (Filed as an Exhibit to Lakeland Bancorp, Inc.s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 2, 2015/File No. 000-17820.) 10.7 Lakeland Bancorp, Inc. 2018 Omnibus Equity Incentive Plan(Filed asExhibit10.1to Lakeland Bancorp, Inc.s Current Report on Form 8-K filed with the Securities and Exchange Commission on May11, 2018/File No. 000-17820.) 10.8 Amendment to Executive Chairman Agreement between Provident Financial Services, Inc. and Christopher Martin, dated May 28, 2024(Filed asExhibit 10.1 tothe Company'sCurrent Report on Form 8-K filed with the Securities and Exchange Commission on May29, 2024/File No. 000-31566.) 10.9 Amendment to Change in Control Agreement between Provident Financial Services, Inc. and Christopher Martin, dated May 28, 2024(Filed as Exhibit 10.2to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 29, 2024/File No. 000-31566.) 10.10 Change of Control Agreement, dated October 31, 2013, among Lakeland Bancorp, Inc., Lakeland Bank and Timothy J. Matteson(Filed as Exhibit 10.2to Lakeland Bancorp, Inc.sQuarterlyReport on Form10-Qfiled with the Securities and Exchange Commission onNovember 18, 2013/File No. 000-17820.) 10.11 Change in Control Agreement, dated as of April 11, 2016, among Lakeland Bancorp, Inc., Lakeland Bank and James Nigro(Filed as Exhibit 10.1to Lakeland Bancorp, Inc.s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2016/File No. 000-17820.) 10.12 Deferred Compensation Agreement, dated February 27, 2015, among Lakeland Bancorp, Inc., Lakeland Bank and Thomas J. Shara(Filed as Exhibit 10.1 to Lakeland Bancorp, Inc.s Current Report on Form 8-K filed with the Securities and Exchange Commission onMarch2, 2015/File No. 000-17820.) 10.13 Lakeland Bancorp, Inc. Directors Deferred Compensation Plan, as amended and restated(Filed as Exhibit 10.6to Lakeland Bancorp, Inc.s Current Report on Form 8-K filed with the Securities and Exchange Commission onDecember30, 2008/File No. 000-17820.) 31.1 Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 31.2 Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 32 Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.