Patriot National Bancorp Balance Sheet Health
Financial Health criteria checks 3/6
Patriot National Bancorp has total assets of $1.0B and total equity of $40.5M. Total deposits are $800.9M, and total loans are $761.3M earning a Net Interest Margin of 2.8%. It has insufficient allowance for bad loans, which are currently at 5% of total loans. Cash and short-term investments are $93.7M.
Key information
25.6x
Asset to equity ratio
2.8%
Net interest margin
| Total deposits | US$800.90m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 5.0% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$93.71m |
Recent financial health updates
No updates
Recent updates
Should You Be Adding Patriot National Bancorp (NASDAQ:PNBK) To Your Watchlist Today?
Aug 01
Here's Why We Think Patriot National Bancorp (NASDAQ:PNBK) Might Deserve Your Attention Today
Mar 21Patriot National Bancorp GAAP EPS of $0.32, revenue of $8.52M
Aug 05Patriot National announces termination of merger with American Challenger
Jul 21Patriot National Bancorp gets OCC approval for American Challenger merger
Jul 06Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PNBK's Assets to Equity ratio (25.6x) is very high.
Allowance for Bad Loans: PNBK has a low allowance for bad loans (39%).
Low Risk Liabilities: 80% of PNBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: PNBK has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: PNBK's Loans to Deposits ratio (95%) is appropriate.
Level of Bad Loans: PNBK has a high level of bad loans (5%).