Modern Bank, Financial Information

AboutModern Bank

 Address:
410 Park Avenue
New York,NY
,New York
 Established:
Jan 1977
 Number of domestic offices:
2
Total assets$849M
Net income$3M
Net income,quarterly$2M
Total deposits$571M
Domestic deposits$571M
Equity capital$83M
ROA0.31%
ROAQ,quarterly0.77%
ROA,pretax0.77%
ROAQ,quarterly,pretax0.96%
ROE3.17%
ROEQ,quarterly8.21%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.