Patriot Bank, National Association

Headquarters

999 Bedford St
Stamford, CT 06905
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 2.55% →
1-Year CD N.A. 2.85% →
2-Year CD N.A. 3.20% →
5-Year CD N.A. 3.65% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Patriot Bank, National Association is an FDIC insured institution located in Stamford, CT. It was founded in 1994 and has approximately $0.98 billion in assets. Customers can open an account at one of its 10 branches.

FDIC Insured Yes
FDIC Certificate # 33928
Date Established 1994
Assets $ 975.26 million
Loans $ 769.42 million
Deposits $ 783.03 million
Capital $ 92.07 million
 

For a more detailed analysis of Patriot Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 16, 2022

Your Current Location: Connecticut, CT 06828

There are currently no rates available for Patriot Bank, National Association, but see these great savings and CD rates:

Advertiser Disclosure
 

Loan Rates - August 16, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Patriot Bank, National Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
4.853% 4.750%
0.75 points
$2,992 fees
$1,305 Learn More
CHASE
NMLS ID: 399798
5.454% 5.375%
0.88 points
$2,195 fees
$1,400 Learn More
Morty, Inc.
NMLS ID: 1429243
4.687% 4.625%
0.75 points
$1,800 fees
$1,286 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to Patriot Bank, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Patriot Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Patriot Bank, National Association Locations



Climate Initiatives

Patriot Bank, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Patriot Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Patriot Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Patriot Bank, National Association U.S. Bank Average
23.05% 4.01%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2022, Patriot Bank, National Association had $23,466,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $92,069,000 in equity and $9,737,000 in loans loss reserves. That gives it a Texas Ratio of 23.05%.

Return on Equity
Patriot Bank, National Association U.S. Bank Average
4.82% 9.01%

Patriot Bank, National Association has a Return on Equity of 4.82% versus the BestCashCow average of 9.01%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Patriot Bank, National Association U.S. Bank Average
9.44% 10.66%

Patriot Bank, National Association has a Capitalization of 9.44% versus the BestCashCow average of 10.66. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Patriot Bank, National Association Balance Sheet Analysis

As of March 31, 2022, Patriot Bank, National Association had assets of $975,256,000, loans of $769,421,000, and deposits of $783,034,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2022
ASSETS
Cash & Balances due from depository institutions $ 44.32 million
Interest-bearing balances $ 35.29 million
Total securities $ 87.71 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 769.42 million
Loan loss allowance $ 9.74 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.39 million
All other assets $ 38.64 million
     Total Assets $ 883.19 million
LIABILITIES
Total deposits $ 783.03 million
      Interest-bearing deposits $ 546.83 million
      Deposits held in domestic offices $ 783.03 million
      % insured (estimated) 64.56%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 92.72 million
Subordinated debt N.A.
All other liabilities $ 7.44 million
      Total Liabilities $ 883.19 million
      Shareholders’ Equity $ 92.07 million

Summary Income Statement

March 31, 2022
INCOME AND EXPENSES
Total Interest Income $ 8.32 million
Total Interest Expense $ 1.15 million
Net interest income $ 7.17 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.81 million
Total non interest expense $ 6.41 million
Pre-tax Net Operating Income $ 1.58 million

Bank Loan Profile?

The top three loan types in Patriot Bank, National Association’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Connecticut, Patriot Bank, National Association has a significantly higher percent of Credit Card Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 23.57
Multifamily
Mortgages
8.87
Credit Card Loans 0.04
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 3.02
Commercial Real Estate 42.48
Commercial and Industrial Loans 14.80
Farm Loans 0.00

Customer Reviews for Patriot Bank, National Association

There are currently no comments for Patriot Bank, National Association. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →