Piermont Bank, Financial Information

AboutPiermont Bank

 Address:
4 Bryant Park, 3rd Floor
New York,NY
,New York
 Established:
Jul 2019
 Number of domestic offices:
1
Total assets$164M
Net income$-6M
Net income,quarterly$-1M
Total deposits$132M
Domestic deposits$132M
Equity capital$31M
ROA-5.74%
ROAQ,quarterly-3.18%
ROA,pretax-3.18%
ROAQ,quarterly,pretax-3.14%
ROE-19.47%
ROEQ,quarterly-15.16%
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.