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Modern Bank, National Association
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Modern Bank, National Association
| RSSD ID 2398701 | CERTIFICATE 22398 | ABA NUMBER 26004624 |
| 410 Park Ave |
Quarter Ended : |
2026-06-30 |
| New York, New York, 10022 |
Updated : |
2026-07-29 |
| 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 | 648,549 |
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Total Interest Income | 18,130 |
| Total Liabilities | 581,224 |
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Total NonInterest Income | 416 |
| Total Bank Equity Capital | 67,325 |
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Total Interest Expense | 9,671 |
| Total Deposits | 480,361 |
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Total NonInterest Expense | 9,017 |
| Net Loans & Leases | 479,360 |
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Net Income | 451 |
| Loan Loss Allowance | 7,254 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 70,829 |
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Total loans | 497,187 |
| Total assets for the leverage ratio | 675,313 |
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Loans secured by real estate: | 240,028 |
| Tier 1 Leverage Ratio | 9.56 |
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Commercial and industrial loans | 232,485 |
| Tier 1 Capital Ratio | 12.96 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.21 |
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Loans to individuals - Other | 0 |
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