Patriot National Bancorp, Inc. (PNBK)

Patriot National Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	47.32	54.31	40.82	30.12	35.84
Interest Income on Investments	5.04	4.65	3.19	2.24	2.07
Total Interest Income	52.36	58.96	44.01	32.35	37.9
Interest Paid on Deposits	26.05	21.67	5.3	2.24	9.15
Interest Paid on Borrowings	6.24	8.79	5.45	4.85	4.6
Total Interest Expense	32.29	30.46	10.75	7.09	13.75
Net Interest Income	20.08	28.5	33.26	25.26	24.15
Net Interest Income Growth (YoY)	-29.55%	-14.31%	31.66%	4.59%	-5.01%
Gain (Loss) on Sale of Investments	-0.33	0.02	-	0.08	-
Other Non-Interest Income	7.72	5.53	1.89	2.21	1.09
Total Non-Interest Income	8.36	6.01	3.61	4.42	1.98
Non-Interest Income Growth (YoY)	39.25%	66.57%	-18.49%	123.50%	-20.30%
Revenues Before Loan Losses	28.44	34.51	36.86	29.68	26.13
Provision for Loan Losses	12.46	7.43	1.89	-0.5	2.17
Revenue	15.98	27.08	34.98	30.18	23.96
Revenue Growth (YoY)	-40.97%	-22.59%	15.89%	25.97%	4.46%
Salaries and Employee Benefits	17.76	17.54	15.47	11	14.24
Occupancy Expenses	2.69	2.82	2.83	2.85	2.93
Federal Deposit Insurance	1.36	1.18	0.82	0.91	1.48
Selling, General & Administrative	7	6.48	5.46	8	6.81
Other Non-Interest Expense	3.21	3.54	2.59	2.36	2.37
Total Non-Interest Expense	32.08	31.6	27.22	25.17	27.91
EBT Excluding Unusual Items	-16.1	-4.53	7.76	5.01	-3.95
Asset Writedown	-	-1.11	-	-	-0.21
Pretax Income	-16.1	-5.63	7.76	5.01	-4.16
Income Tax Expense	23.79	-1.45	1.6	-0.08	-0.34
Net Income	-39.88	-4.18	6.16	5.09	-3.82
Net Income to Common	-39.88	-4.18	6.16	5.09	-3.82
Net Income Growth	-	-	20.95%	-	-
Basic Shares Outstanding	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4
Shares Change (YoY)	0.27%	0.06%	0.26%	0.45%	0.33%
EPS (Basic)	-10.03	-1.05	1.56	1.29	-0.97
EPS (Diluted)	-10.03	-1.05	1.55	1.29	-0.97
EPS Growth	-	-	20.16%	-	-
Effective Tax Rate	-	-	20.57%	-	-

Updated Nov 19, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q