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Home > Company Index > Banking > Banking - Northeast > Patriot National Bancorp, Inc.

Patriot National Bancorp, Inc.
Nasdaq (SC): PNBK
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 PROFILE
Patriot National Bancorp serves all-Americans at Patriot National Bank. The bank's three branches in Greenwich and Stamford, Connecticut, serve individuals and businesses in Fairfield County (one of the US's wealthiest) with checking, savings, and money market accounts, as well as IRAs. The purchase of Pinnacle Financial Corp., a mortgage broker, expanded the bank's lending focus from mainly commercial loans into mortgages and its origination areas into New York and New Jersey. Commercial real estate and construction loans make up the bulk of the loan portfolio, which also includes commercial, consumer installment, and residential real estate loans. President CEO Angelo DeCaro owns more than 25% of Patriot.

 COMPETITION
Cornerstone Bancorp, Inc. (CBN)
First Union Corporation (FTU)
FleetBoston Financial Corporation (FBF)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 17.40
1-Yr. Sales Growth: 58.2%
Employees: 71
Revenue per employee: $245,070.42

 KEY PEOPLE
• Angelo DeCaro
    CEO
• Robert O'Connell
    CFO

 CONTACT INFO
900 Bedford St.
Stamford, CT 06901
US
Phone: 203-324-7500
Fax: 203-324-8877
Online: Web Site

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