GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Patriot National Bancorp Inc (FRA:PN21) » Definitions » Mortgage Backed Securities (USD Mil)

Patriot National Bancorp (FRA:PN21) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 2021. Start your Free Trial

What is Patriot National Bancorp Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Patriot National Bancorp's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Patriot National Bancorp Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Patriot National Bancorp's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Patriot National Bancorp Mortgage Backed Securities (USD Mil) Chart



Patriot National Bancorp  (FRA:PN21) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


Patriot National Bancorp Mortgage Backed Securities (USD Mil) Related Terms

Thank you for viewing the detailed overview of Patriot National Bancorp's Mortgage Backed Securities (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Patriot National Bancorp (FRA:PN21) Business Description

Industry
Traded in Other Exchanges
Address
900 Bedford Street, Stamford, CT, USA, 06901
Patriot National Bancorp Inc is the holding company for Patriot Bank NA, that provides consumer and commercial banking services to individuals, small and medium-sized businesses, professionals, and municipalities in Fairfield and New Haven Counties in Connecticut and Westchester County, New York. Its products include checking accounts, savings accounts, money market accounts, time certificates of deposit, and individual retirement accounts. The Bank's lending portfolio is comprised of commercial mortgage and construction loans, commercial loans, home improvement loans, home equity lines of credit, and other personal loans. In addition, the Bank offers bank checks, money orders, automated teller machines, interactive teller machines, online and mobile banking, credit cards, and debit cards.

Patriot National Bancorp (FRA:PN21) Headlines

No Headlines