Patriot National Bancorp Inc. (PNBK) financial statements (2022 and earlier)

Company profile

Business Address 900 BEDFORD ST
STAMFORD, CT 06901
State of Incorp. CT
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments47,04534,63639,40466,43749,24192,28985,400
Cash and cash equivalents47,04534,63639,40466,43749,24192,28985,400
Total current assets:47,04534,63639,40466,43749,24192,28985,400
Noncurrent Assets
Operating lease, right-of-use asset 2,7393,160
Property, plant and equipment31,50033,42334,56835,43535,35832,75929,421
Intangible assets, net (including goodwill)1,4031,4501,7302,426   
Goodwill1,1071,1071,1071,728   
Intangible assets, net (excluding goodwill)296343623698   
Deferred income tax assets12,14611,49611,133
Total noncurrent assets:45,04949,10850,59137,86135,35832,75929,421
Other undisclosed assets856,387796,985889,841847,398767,481631,606538,710
TOTAL ASSETS:948,481880,729979,836951,696852,080756,654653,531
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities881,137817,510912,842882,356785,331694,084592,067
Total liabilities:881,137817,510912,842882,356785,331694,084592,067
Stockholders' equity
Stockholders' equity attributable to parent67,34463,21966,99469,34066,74962,57061,464
Common stock106,479106,329106,17040404040
Treasury stock, value   (1,179)(1,179)(1,177)(160)
Additional paid in capital   107,095106,875106,729106,568
Accumulated other comprehensive loss(1,637)(518)(403)(826)(155)(120)(152)
Accumulated deficit(37,498)(42,592)(38,773)(35,790)(38,832)(42,902)(44,832)
Total stockholders' equity:67,34463,21966,99469,34066,74962,57061,464
TOTAL LIABILITIES AND EQUITY:948,481880,729979,836951,696852,080756,654653,531

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues34,85638,46944,53539,64432,26625,27823,670
Net investment income32,35137,90343,64439,06931,86724,86423,268
Cost of revenue (2,170)(4,971)(1,303) (2,464)(250)
Provision for loan, lease, and other losses (2,170)(4,971)(1,303)
Financial services costs (2,464)(250)
Gross profit:34,85636,29939,56438,34132,26622,81423,420
Operating expenses(10,275)(10,565)(10,466)(8,568)(19,244)(17,296)(17,771)
Operating income:24,58125,73429,09829,77313,0225,5185,649
Interest and debt expense(7,090)(13,750)(18,218)(12,378)(6,956)(3,008)(2,690)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (16,140)(14,596)(13,309)956627542
Income (loss) from continuing operations before equity method investments, income taxes:17,491(4,156)(3,716)4,0867,0223,1373,501
Other undisclosed loss from continuing operations before income taxes(12,478)      
Income (loss) from continuing operations before income taxes:5,013(4,156)(3,716)4,0867,0223,1373,501
Income tax expense (benefit)81337899(890)(2,875)(1,207)(1,358)
Net income (loss) available to common stockholders, diluted:5,094(3,819)(2,817)3,1964,1471,9302,143

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):5,094(3,819)(2,817)3,1964,1471,9302,143
Comprehensive income (loss):5,094(3,819)(2,817)3,1964,1471,9302,143
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,119)(115)423(671)(35)32125
Comprehensive income (loss), net of tax, attributable to parent:3,975(3,934)(2,394)2,5254,1121,9622,268

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: