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 Modern Bank, National Association
Modern Bank, National Association
| RSSD ID 2398701 | CERTIFICATE 22398 | ABA NUMBER 26004624 |
| 410 Park Ave |
Quarter Ended : |
2025-09-30 |
| New York, New York, 10022 |
Updated : |
2025-10-30 |
| www.modernbank.com |
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| Institution Profile |
| Year Opened : |
1977 |
Institution Type : |
Commercial bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
42 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 659,973 |
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Total Interest Income | 29,850 |
| Total Liabilities | 580,516 |
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Total NonInterest Income | 505 |
| Total Bank Equity Capital | 79,457 |
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Total Interest Expense | 17,205 |
| Total Deposits | 496,589 |
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Total NonInterest Expense | 12,978 |
| Net Loans & Leases | 476,368 |
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Net Income | (7,883) |
| Loan Loss Allowance | 8,827 |
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Net Charge Offs | 10,065 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 82,589 |
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Total loans | 481,304 |
| Total assets for the leverage ratio | 642,185 |
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Loans secured by real estate: | 211,659 |
| Tier 1 Leverage Ratio | 11.88 |
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Commercial and industrial loans | 269,645 |
| Tier 1 Capital Ratio | 15.23 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.48 |
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Loans to individuals - Other | 0 |
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:· Modern Bank, National Association
