Patriot National Bancorp, Inc. (PNBK)

Patriot National Bancorp Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	72.73	52.52	38.49	47.05	34.64	39.4
Investment Securities	94.03	23.52	25.47	27.71	32.43	31.63
Trading Asset Securities	-	0.07	0.2	0.74	1.19	0.69
Mortgage-Backed Securities	-	65.67	59.05	66.63	16.83	16.69
Total Investments	94.03	89.26	84.72	95.08	50.45	49.01
Gross Loans	-	848.86	848.32	739.49	730.18	812.16
Allowance for Loan Losses	-	-15.93	-10.31	-9.91	-10.58	-10.12
Net Loans	-	832.93	838.01	729.58	719.6	802.05
Property, Plant & Equipment	29.12	31.58	32.84	34.1	36.12	37.77
Goodwill	-	-	1.11	1.11	1.11	1.11
Other Intangible Assets	0.17	0.2	0.25	0.3	0.34	0.62
Loans Held for Sale	754.35	20.77	5.21	3.13	1.22	15.28
Accrued Interest Receivable	5.93	7.22	7.27	5.82	6.62	3.6
Restricted Cash	0.04	14.02	-	1.4	1.4	1.1
Long-Term Deferred Tax Assets	-	24.13	15.53	12.15	11.5	11.13
Other Real Estate Owned & Foreclosed	2.84	2.84	-	-	1.91	2.4
Other Long-Term Assets	11.41	13.75	16.06	14.59	11.33	11.88
Total Assets	974.08	1,093	1,043	948.48	880.73	979.84
Accrued Expenses	5.92	3.29	4.06	6.87	2.6	4.71
Interest Bearing Deposits	733.31	665.51	530.93	468.27	477.81	613.85
Institutional Deposits	-	64.75	59.88	53.58	49.17	67.55
Non-Interest Bearing Deposits	91.58	110.06	269.64	226.71	158.68	88.14
Total Deposits	824.89	840.31	860.45	748.56	685.66	769.54
Short-Term Borrowings	-	0.07	0.2	0.74	1.19	0.69
Current Portion of Long-Term Debt	-	171.38	-	12	11.93	-
Current Portion of Leases	-	0.46	-	-	-	-
Accrued Interest Payable	-	1.24	0.59	0.34	0.57	0.02
Long-Term Debt	21.93	21.59	22.07	10.6	10.78	22.8
Federal Home Loan Bank Debt, Long-Term	93.8	-	85	90	90	100
Long-Term Leases	-	1.41	2.4	2.8	2.9	3.3
Trust Preferred Securities	8.14	8.14	8.13	8.12	8.11	8.1
Other Long-Term Liabilities	3.01	1.16	0.89	1.1	3.79	3.68
Total Liabilities	957.7	1,049	983.78	881.14	817.51	912.84
Common Stock	106.79	106.67	106.57	106.48	106.33	106.17
Retained Earnings	-77.36	-47.03	-31.34	-37.5	-42.59	-38.77
Comprehensive Income & Other	-13.04	-15.26	-15.65	-1.64	-0.52	-0.4
Shareholders' Equity	16.39	44.38	59.58	67.34	63.22	66.99
Total Liabilities & Equity	974.08	1,093	1,043	948.48	880.73	979.84
Total Debt	123.88	203.04	117.8	124.26	124.9	134.89
Net Cash (Debt)	-51.15	-150.45	-79.1	-76.48	-89.08	-94.8
Net Cash Per Share	-12.89	-37.94	-19.96	-19.35	-22.64	-24.17
Filing Date Shares Outstanding	3.98	3.98	3.97	3.96	3.94	3.94
Total Common Shares Outstanding	3.98	3.98	3.97	3.96	3.94	3.93
Book Value Per Share	4.12	11.16	15.03	17.02	16.03	17.04
Tangible Book Value	16.22	44.18	58.23	65.94	61.77	65.26
Tangible Book Value Per Share	4.08	11.11	14.68	16.67	15.66	16.60

Source: S&P Capital IQ. Banks template. Financial Sources.