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Patriot National Bancorp PNBK Amortization of servicing assets of sold SBA loans

Amortization of servicing assets of sold SBA loans at other companies

Hope Bancorp logo
Hope BancorpHOPE
$12.6M+34.0%
First Bancorp logo
First BancorpFBNC
$194K-46.4%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
$280K+35.9%
Timberland Bancorp logo
Timberland BancorpTSBK
$194.25K-13.1%
FinWise Bancorp logo
FinWise BancorpFINW
$144K+280%
MetroCity Bankshares logo
MetroCity BanksharesMCBS
$11.27M+57.2%

Other financials

Income statement

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Revenue$10.3M+54.5%
Net income-$1.8M+36.8%
EPS (diluted)-$0.02+90.5%

Balance sheet

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Cash & equivalents$109.2M-19.8%
Total debt$3.1M+159%
Total equity$90.2M+57.9%
Total assets$1.2B+23.0%

Cash flow

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Operating cash flow-$2.9M+49.9%
CapEx$545.0K+679%
Free cash flow-$3.5M+41.2%

Valuation

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Market cap$112.6M-5.1%
Enterprise value$6.52M+132%
P/S3.4×-1.1×

Profitability

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Net margin-35.1%-15.3pp
FCF margin-38.6%

Returns & leverage

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Return on equity-15.9%-7.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Patriot National Bancorp in its filing.

Tagged under the XBRL concept pnbk:AmortizationOfServicingAssetsOfSoldSBALoans.

The official record: Patriot National Bancorp’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Patriot National Bancorp's amortization of servicing assets of sold SBA loans?
Patriot National Bancorp (PNBK) reported amortization of servicing assets of sold SBA loans of $9K in Q1 2026.
How has Patriot National Bancorp's amortization of servicing assets of sold SBA loans changed year-over-year?
Patriot National Bancorp's amortization of servicing assets of sold SBA loans decreased by 67.9% year-over-year, from $28K to $9K.
What is the long-term trend for Patriot National Bancorp's amortization of servicing assets of sold SBA loans?
Over 4 years (2021 to 2025), Patriot National Bancorp's amortization of servicing assets of sold SBA loans has grown at a 22.9% compound annual growth rate (CAGR), from $67K to $153K.
What does amortization of servicing assets of sold SBA loans mean?
This represents the periodic reduction in the carrying value of mortgage or loan servicing rights associated with SBA loans previously sold to the secondary market. It reflects the consumption of the asset as the expected future cash flows from servicing are realized. Monitoring this helps assess the long-term value and sustainability of the bank's loan servicing business.