The Provident Bank Enhances Structured Finance Team with Addition of Brent Mathews

Small to medium-sized M&A clients to benefit

June 23, 2017, Amesbury, MA – The Provident Bank (NASDAQ:PVBC), headquartered in Amesbury, Massachusetts, today announced that Brent Mathews has joined its team as Senior Vice President, Commercial Lending Officer, Boston Region. He will focus on lending to commercial and industrial companies with an emphasis on providing debt financing for mergers and acquisitions and will be based in the Greater Boston Regional Office.

Mathews earned his MBA from the Darden School at the University of Virginia, and served as a Captain in the U.S. Army. He brings nearly 20 years of experience in operations and finance, most recently as Vice President of Originations at PNC Business Credit in Boston.

“Bringing Brent aboard gives us a well-respected banker of high caliber in the Boston market. The lending Brent specializes in, leverage cash flow financing, is not normally available to small and medium-sized businesses. We have built a practice around that. Brent’s extensive experience and the vision he shares with the bank makes him a perfect fit for The Provident Bank.” President Chuck Withee said. 

Mathews will work with private equity groups, family offices and independent sponsors that acquire lower middle market companies. The Provident has established a strong presence in several niche, specialty lending categories – particularly financing lower middle-market mergers and acquisitions.

“I see a lot of opportunities in the lower middle-market deal space,” Mathews said “and I look forward to enriching those relationships. What attracted me to The Provident is the strong, clear and deliberate culture they’ve established and market-leading lending.” 

“We’ve built a strong culture here at The Provident that continues to attract a high caliber of lending professionals, and Brent is a perfect example of that. He’s a great cultural fit.” Withee said.

Mathews lives with his family in Norwood, Massachusetts.

About The Provident

The Provident Bank is an innovative, commercial bank that finds solutions for our business and private clients. We are committed to strengthening the economic development of the regions we serve, by working closely with businesses and private clients and delivering superior products and high-touch services to meet their banking needs. The Provident has offices in Massachusetts and New Hampshire. All deposits are insured in full through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF).