Patriot Bank, National Association

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Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33928
Date Established 1994
Assets $ 883.19 million
Loans $ 722.14 million
Deposits $ 690.32 million
Capital $ 93.49 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 33.66 million
Interest-bearing balances $ 30.65 million
Total securities $ 53.71 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 722.14 million
Loan loss allowance $ 10.58 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.91 million
Goodwill and other intangibles $ 1.45 million
All other assets $ 34.36 million
     Total Assets $ 789.70 million

LIABILITIES
Total deposits $ 690.32 million
      Interest-bearing deposits $ 533.24 million
      Deposits held in domestic offices $ 690.32 million
      % insured (estimated) 72.12%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 92.87 million
Subordinated debt N.A.
All other liabilities $ 6.51 millionn
      Total Liabilities $ 789.70 million
      Shareholders’ Equity $ 93.49 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 37.90 million
Total Interest Expense $ 11.84 million
Net interest income $ 26.06 million
Provision for loan and lease losses $ 2.17 million
Total non interest income $ 1.99 million
Total non interest expense $ 27.90 million
Pre-tax Net Operating Income N.A.

Patriot Bank, National Association is an FDIC insured institution headquartered at 999 Bedford Street, Stamford, CT 6905.
It was founded in 1994 and has approximately $1 billion in assets. Customers can open an account at one of its 10 branches.