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Patriot National Bancorp (Patriot National Bancorp) Scaled Net Operating Assets : 0.09 (As of Dec. 2023)


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What is Patriot National Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Patriot National Bancorp's operating assets for the quarter that ended in Dec. 2023 was $951.72 Mil. Patriot National Bancorp's operating liabilities for the quarter that ended in Dec. 2023 was $847.94 Mil. Patriot National Bancorp's Total Assets for the quarter that ended in Sep. 2023 was $1,136.73 Mil. Therefore, Patriot National Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.09.

Patriot National Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Patriot National Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1040.908-847.937)/1043.359
=0.18

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1093.425 - 52.517
=1040.908

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1049.042 - 201.105 - 0
=847.937

Patriot National Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(951.721-847.937)/1136.731
=0.09

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1093.425 - 141.704
=951.721

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1049.042 - 201.105 - 0
=847.937

* 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.

Patriot National Bancorp Scaled Net Operating Assets Related Terms

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Patriot National Bancorp (Patriot National Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Patriot National Bancorp Inc (NAS:PNBK) » Definitions » Scaled Net Operating Assets
Comparable Companies
TCNB MSBB UNTN GLBZ PFSB MNBO GOVB CIBN TBBA MCPH NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
PN21:Germany
Address
900 Bedford Street, Stamford, CT, USA, 06901
Website
https://www.bankpatriot.com
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.
Executives
Grace Doherty director 125 THACHER ST., MILTON MA 02186
Thomas E. Slater officer: EVP & Chief Credit Officer 2 DIXON TERRACE, KINNELON NJ 07405
Alfred Jr. Botta officer: EVP & Chief Payment Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
David Christopher Lowery officer: EVP & Chief Lending Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Karen Rojeski officer: EVP & Chief Credit Officer 99 PARK AVENUE, NEW YORK NY 10016
Steven Brian Grunblatt officer: EVP & Chief Information Office C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Gregory P. Ho other: (1) and (2) C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Holdings I G.p., Llc other: (1) and (2) C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Holdings I, Lp 10 percent owner, other: (1) and (2) 65 EAST 55TH STREET, 33RD FLOOR, NEW YORK NY 10022
John Steffens other: (1) and (2) C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487
Robert Glenn Russell officer: President & CEO 1902 LONG HILL ROAD, MILLINGTON NJ 07946
Frederick Staudmyer officer: EVP and Chief HR Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Brent M Ciurlino director C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
David W Christiansen officer: EVP, Chief Credit Officer 900 BEDFORD STREET, STAMFORD CT 06901
Samuel S Davis officer: EVP and Chief Credit Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901