Piermont Bank
New York, NY
IDRSSD: 5342974
Total Assets
$496.18M
Latest filing
Total Deposits
$366.82M
Latest filing
Net Interest Margin
1.94%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Piermont Bank
4 Bryant Park
New York, NY 10018
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/01/2019FDIC Certificate 603217
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Piermont Bank (Main) | 4 Bryant Park | New York, NY | ||
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 07/01/2019 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 10018 |
| State and County Number | 36061 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 02 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | New York-Newark-Jersey City, NY-NJ-PA |
Operational Info
| Number of Employees | 45 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/10/2020 |
| Date of Deposit Insurance | 07/01/2019 |
| Primary Insurance Agency | DIF |
| Website | www.piermontbank.com |
| Data Updated | 11/14/2025 |
| CERT | 59154 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $496.18M |
| Total Deposits | $366.82M |
| Total Liabilities | $432.92M |
| Total Equity Capital | $63.27M |
| Net Income | $-1,972,000 |
| Net Loans and Leases | $278.97M |
| Assets Per Employee ($Millions) | $10.13M |
| Bank Premises and Fixed Assets | $9.01M |
| Cash and Balances due from Depository Institutions | $119.01M |
| Deposits Held in Domestic Offices | $366.82M |
Key Performance Ratios
| Return on Assets (ROA) | -1.59% |
| Return on Equity (ROE) | -12.34% |
| Net Interest Margin | 1.94% |
| Efficiency Ratio | 151.96% |
| Tier 1 Risk-Based Capital Ratio | 13.967% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.25% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.751% |
| Earning Assets to total Assets | 96.47% |
Income and Expense
| Total Interest Income | $5.49M |
| Total Noninterest Income | $770.00k |
| Total Interest Expense | $3.15M |
| Total Noninterest Expense | $4.73M |
| Net Interest Income | $2.34M |
| Pre-tax Net Operating Income | $-1,922,000 |
| Provision for Credit Losses | $305.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $50.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $16.10M |
| Total Liabilities and Capital | $496.18M |
Securities
| Securities | $80.79M |
| Available-for-sale debt securities | $80.79M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Piermont Bank?
$496.18M as of the latest filing.
How much are Piermont Bank's total deposits?
$366.82M in total deposits.
Where is Piermont Bank located?
New York, NY.
What is the Net Interest Margin?
1.94%.
How many domestic offices does it operate?
1.
When was it established?
07/01/2019.
What is the Return on Assets (ROA)?
-1.59%.
How much are total loans and leases?
$278.97M (latest filing).
What is the total interest income (latest filing)?
$5.49M.