Patriot Bank National Assn
Stamford, Connecticut · FDIC Cert #33928
Patriot Bank National Assn is an FDIC-insured bank (Certificate #33928) with $1.0B in total assets and $804M in total deposits as of the Q2 2024 Call Report. Headquartered in Stamford, Connecticut, the bank maintains a Tier 1 capital ratio of 10.20% (Well-Capitalized) and a nonperforming loan ratio of 4.88%. BankHealthData assigns a composite Health Grade of D (35/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Patriot Bank National Assn (FDIC cert 33928) is a mid-sized bank with $1.0B in total assets and $804M in deposits, based in Stamford, Connecticut. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is adequate: Tier 1 capital ratio of 10.20% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is elevated: non-performing loan ratio of 4.88% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is in the normal range: 17.4% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is negative: ROA of -0.52% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Patriot Bank National Assn carries a composite BankHealth grade of D (35/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Patriot Bank National Assn
- Total Assets
- $1.0B
- Total Deposits
- $804M
- Tier 1 Capital Ratio
- 10.20%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 4.88%
- Liquidity Ratio
- 17.36%
- Return on Assets
- -0.52%
- Headquarters
- Stamford, Connecticut
- FDIC Certificate
- #33928
- Health Grade
- D (35/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Patriot Bank National Assn holds a Tier 1 capital ratio of 10.20%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Patriot Bank National Assn has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Patriot Bank National Assn shows some financial weakness with a Health Score of 35/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Patriot Bank National Assn Compares
Patriot Bank National Assn’s Health Score of 35 is 29 points below the Connecticut state average of 64 across 28 FDIC-insured banks. Its 10.20% Tier 1 capital ratio is 3.8 points below the US banking industry average near 14%. The 4.88% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of -0.52% is below the national ROA benchmark of ~1.1%. Among 1003 similarly-sized banks, the average Health Score is 71, meaning this bank ranks below its size cohort. Site-wide, Patriot Bank National Assn is 35 points below the portfolio average of 70.
Frequently Asked Questions
Patriot Bank National Assn has a Bank Health Score of D (35/100), placing it showing signs of financial stress. It holds a Tier 1 capital ratio of 10.20%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Patriot Bank National Assn's Tier 1 capital ratio of 10.20% and nonperforming loan ratio of 4.88% indicate an elevated risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Patriot Bank National Assn is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #33928). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Patriot Bank National Assn holds $1.0B in total assets and $804M in total deposits. It is headquartered in Stamford, Connecticut (FDIC Certificate #33928).
Patriot Bank National Assn has a Tier 1 capital ratio of 10.20%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 4.88%, and the return on assets is -0.52%.
Yes. Patriot Bank National Assn is FDIC-insured (Certificate #33928). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An D grade on our Bank Health Score means 40-54/100 — multiple metrics showing stress; worth monitoring. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Patriot Bank National Assn shows financial stress on one or more metrics. While insured deposits remain protected up to $250K per depositor per ownership category, depositors with higher balances may want to spread funds across additional FDIC-insured institutions. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.