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By Gregory Seay Pressure is mounting on Connecticut’s and the nation’s community banks, results of the unrelenting burden of tightened regulations while staying abreast of fast-moving, expensive mobile-banking technologies in the Internet Age. Recent evidence of the quaking bank landscape in
By Kevin Zimmerman For an institution that was once near the brink of collapse, Patriot National Bank has made an impressive comeback — and it’s not done yet, according to chairman and CEO Michael Carrazza. “The bank has never been
Patriot National Bancorp Inc., the parent of Patriot Bank, posted second quarter pretax income of $1.4 million and net income of $804,000, significant increases over the year-ago quarter’s pretax loss of $948,000 and net loss of $582,000. For the six
Patriot National Bancorp, parent company of Patriot Bank, continued its push into the New Haven County market Wednesday, announcing an agreement to acquire Prime Bank in Orange. Patriot Bank already has a branch office in Milford. But it is the
Patriot National Bancorp, Inc. (“Patriot” or the “Bancorp”) (NASDAQ:PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), and Prime Bank headquartered in Orange, CT (“Prime”) (PMHV:US) jointly announced the signing of a definitive merger agreement pursuant to which Patriot will
Patriot National Bancorp, Inc. (“Patriot”, “Bancorp”) (NASDAQ:PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced another quarter of powerful earnings momentum, reporting second quarter pre-tax income of $1.4 million and net income of $804 thousand, or $0.21
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