Patriots Bank


131 East Fourth Avenue
Garnett, KS 66032
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.40% →
1-Year CD 1.00% 1.15% →
2-Year CD 1.26% 1.26% →
5-Year CD 1.41% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Patriots Bank is an FDIC insured institution located in Garnett, KS. It was founded in 1899 and has approximately $0.13 billion in assets. Customers can open an account at one of its 7 branches.

FDIC Insured Yes
FDIC Certificate # 18019
Date Established 1899
Assets $ 127.61 million
Loans $ 92.32 million
Deposits $ 109.75 million
Capital $ 13.19 million

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

Deposit Rates - July 8, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.15% $1,000 - Learn More
Money Market
0.25% $1 - Learn More
3 Mo CD
0.30% $500 - Learn More
6 Mo CD
0.50% $500 - Learn More
12 Mo CD
1.00% $500 - Learn More
24 Mo CD
1.26% $500 - Learn More
36 Mo CD
1.31% $500 - Learn More
48 Mo CD
1.36% $500 - Learn More
60 Mo CD
1.41% $500 - Learn More

Variable IRA Rates APY MIN MAX
1.00% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1 - Learn MoreShow Less

Loan Rates - July 8, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Patriots Bank

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 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to Patriots Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Patriots Bank 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:

Patriots Bank Locations

Financial Details

Patriots Bank Ratio Analysis

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

Texas Ratio
Patriots Bank U.S. Bank Average
0% 6.51%

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 December 31, 2019, Patriots Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $13,187,000 in equity and $962,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Patriots Bank U.S. Bank Average
10.97% 9.41%

Patriots Bank has a Return on Equity of 10.97% versus the BestCashCow average of 9.41%. 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.

Patriots Bank U.S. Bank Average
10.33% 12.82%

Patriots Bank has a Capitalization of 10.33% versus the BestCashCow average of 12.82. 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.

Patriots Bank Balance Sheet Analysis

As of December 31, 2019, Patriots Bank had assets of $127,607,000, loans of $92,319,000, and deposits of $109,748,000. 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

December 31, 2019
Cash & Balances due from depository institutions $ 5.52 million
Interest-bearing balances $ 2.75 million
Total securities $ 18.69 million
Federal funds sold and reverse repurchase $ 2.59 million
Net loans and leases $ 92.32 million
Loan loss allowance $ 0.96 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 3.62 million
     Total Assets $ 114.42 million
Total deposits $ 109.75 million
      Interest-bearing deposits $ 90.43 million
      Deposits held in domestic offices $ 109.75 million
      % insured (estimated) 89.71%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 4.20 million
Subordinated debt N.A.
All other liabilities $ 0.47 million
      Total Liabilities $ 114.42 million
      Shareholders’ Equity $ 13.19 million

Summary Income Statement

December 31, 2019
Total Interest Income $ 6.12 million
Total Interest Expense $ 1.00 million
Net interest income $ 5.12 million
Provision for loan and lease losses $ 0.08 million
Total non interest income $ 0.72 million
Total non interest expense $ 4.34 million
Pre-tax Net Operating Income $ 1.42 million

Bank Loan Profile?

The top three loan types in Patriots Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Kansas, Patriots Bank has a significantly higher percent of Small Business 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 21.69
Credit Card Loans 0.00
Consumer Auto Loans 1.20
Small Business Loans 26.67
Construction and Development Loans 5.25
Commercial Real Estate 46.09
Commercial and Industrial Loans 7.81
Farm Loans 4.31

Frequently Asked Questions About Patriots Bank

Branches and Savings

Is Patriots Bank FDIC insured?

Yes. It is covered under FDIC Certificate #18019.

Why does Patriots Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Patriots Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Patriots Bank a commercial bank?


Where are Patriots Bank locations?

See branch locations nearby.

Is Patriots Bank open on Saturdays?

Is Patriots Bank open on Sundays?

What time does Patriots Bank open?

What time does Patriots Bank close?

Are Patriots Bank ATMs Open 24/7?

Do Patriots Bank ATMs accept cash deposits?

Can Patriots Bank customers use other ATMs?

Do Patriots Bank branches have notaries?

Will Patriots Bank notarize my document?

What address for Patriots Bank should I put for incoming ACH transfers?

Will the Patriots Bank branch print checks?

Do Patriots Bank checks expire?

Does Patriots Bank require US citizenship to open account?

Can Patriots Bank close my account?

Does Patriots Bank Report to credit bureaus?

Does Patriots Bank Use Equifax?

What is Patriots Bank's ACH Routing Number?

What is Patriots Bank's SWIFT code?


Does Patriots Bank offer mortgages?

Compare mortgage rates here.

Does Patriots Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Patriots Bank offer personal loans?

Compare personal loan rates here.

Does Patriots Bank offer student loans?

Will Patriots Bank cash a check?

Will Patriots Bank redeem a savings bond?

Does Patriots Bank cash savings bonds?

Will Patriots Bank cash money orders?

Can Patriots Bank issue a money order?

Does Patriots Bank do currency exchange?

Background on The Bank

Who owns Patriots Bank?

How long has Patriots Bank been around?

Can Patriots Bank transfer to other banks?

Does Patriots Bank have quick pay?

Does Patriots Bank accept rolled coins?

Will Patriots Bank accept loose change?

Where is Patriots Bank headquarters?

Customer Reviews for Patriots Bank

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

Add Your Review

Rate it here →