{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-131310","form_type":"8-K","ticker":"PFS","cik":"0001178970","company_name":"PROVIDENT FINANCIAL SERVICES INC","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.560642+00:00","generated_at":"2026-06-02T21:47:13.203616+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Provident Financial gets regulatory approvals for Lakeland merger; must raise $200M sub-debt","bullets":["FDIC, Fed, and NJ DOI approved merger with Lakeland Bancorp; conditions include $200M Tier 2 subordinated debt raise.","Merger agreement extended to June 30, 2024; completion expected in Q2 2024.","Provident Bank must maintain Tier 1 leverage ≥8.5% and total capital ratio ≥11.25% for three years post-merger.","Pro forma consolidated Tier 1 leverage ratio 7.82% and total RBC 12.16% after $200M sub-debt issuance.","Loan portfolio diversification: pro forma CRE (incl. multi-family) / total RBC = 491%, C&D / total RBC = 45.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-131310","json":"https://secwatch.observer/filing/0001193125-24-131310.json","markdown":"https://secwatch.observer/filing/0001193125-24-131310.md","text":"https://secwatch.observer/filing/0001193125-24-131310.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1178970/000119312524131310/0001193125-24-131310-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1178970/000119312524131310/d831179d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T21:47:13.203616+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}