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Patriot Bank News

Patriot Bank acquires Prime bank
08.21.17

Banks’ mounting pressures closing some doors, widening others

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

Topics: News
09.29.17

Reinvigorated Patriot National Bank posts healthy revenues

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

Fairfield & Westchester County Business Journals
08.10.17

Patriot Bank shows strong year-over-year growth

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

08.03.17

Patriot National to acquire Prime Bank in Orange

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 Bank
08.02.17

Patriot National Bancorp To Acquire Prime Bank

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 Bank logo
07.31.17

Patriot Bank Net Income exceeds $800,000 in Q2 2017

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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