Patriot National Bancorp Inc

Type: Public
On the web: http://www.pnbdirect.com
Employees: 160
Employee growth: 1.9%

What's red, white, blue, and green? Why, Patriot National Bancorp, of course. It's the holding company for Patriot National Bank, which operates more than a dozen branches in southwestern Connecticut and three in New York. Serving consumers and small to midsized businesses, the bank offers deposit products such as checking, savings, and money market accounts, as well as CDs, IRAs, and health savings accounts. Commercial real estate and construction loans make up the bulk of the company's loan portfolio, which also includes business, consumer installment, home equity, and residential real estate loans. Patriot National Bancorp is seeking to raise capital and has received offers from interested buyers.

Key numbers for fiscal year ending December, 2008:
Sales: $27.1M
One year growth: 2.8%
Net income: ($7.1)M

Officers:
Chairman and CEO; Chairman, Patriot National Bank: Angelo De Caro
Vice Chairman and President; Vice Chairman, President and CEO, Patriot National Bank: Charles F. (Charlie) Howell
COO, Secretary, and Director, Patriot National Bancorp and Patriot National Bank: Philip W. (Phil) Wolford

Competitors:
NewAlliance Bancshares
People's United Financial
Wachovia Corp