Piermont Bank
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Data as of · sourced from FFIEC call reports. How we update
Piermont Bank is an FDIC-insured commercial bank headquartered in New York, NY, established in 2019 (FDIC certificate 59154), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $505.1M, up 1.4% from Q2 2025, the 70th largest of 105 banks headquartered in New York. Its CET1 capital ratio was 11.03% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 59154
- Headquarters
- New York, NY
- Established
- 2019
- Total assets, Q2 2026
- $505.1M
- Assets vs Q2 2025
- +1.4%
- CET1 ratio, Q2 2026
- 11.03%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 026015053
- Latest call report
- Q2 2026, FFIEC 051 · Piermont Bank call report
- Asset rank in state
- 70th of 105 in New York
Piermont Bank spends more to run itself than most banks of its size. Its balance sheet stood at $505 million at June 30, 2026, up 1.4% from a year earlier; it is based in New York, New York. It loses about $2.00 a year on every $100 of assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median $1.28). It also spends about 152 cents to bring in each dollar of revenue, 2.5 times the median of 61 cents for banks its size.
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.00% of loans from 2.30%. It lost $2.5 million in the quarter. Its margin is thin by comparison: it keeps 2.38 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.95 cents).
As of June 30, 2026, Piermont Bank reported a CET1 capital ratio of 11.03%, a return on assets of -2.00%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
Of the 105 banks headquartered in New York, Piermont Bank is the 70th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 6.5% to $505.1M, loans rose 6.6% and deposits rose 5.8%. Multifamily loans made up 68.6% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 12.6%. Its one office in the FDIC Summary of Deposits is in New York, NY. Judged on its Q2 2026 call report, Piermont Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 4 Bryant Park, New York, NY 10018
- County
- New York
- Metro Area
- New York-Newark-Jersey City, NY-NJ
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- No
- Federal Reserve district
- District 2, New York
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- July 1, 2019
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 48
- Domestic deposits
- $386.4M
- Allowance for credit losses
- $2.8M
- Net charge-offs (YTD)
- $713K
- Average total assets
- $493.7M
- Average total loans
- $306.2M
- Average interest-bearing deposits
- $318.8M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- July 1, 2019
- FDIC Cert
- 59154
- Fed RSSD
- 5342974
- Website
- www.piermontbank.com →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Piermont Bank's total assets ran between $474.4M (Q1 2026) and $596.3M (Q1 2024), and it earned a profit in 3 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$505.1M total assets against $498.3M; $446.4M total liabilities against $433.7M.
$321.9M net loans and leases against $292.3M; $386.4M total deposits against $377.4M.
$74.2M securities against $78.1M; $92.6M cash and balances due against $114.6M.
$5.7M total interest income against $6.1M; $2.8M total interest expense against $3.0M.
$2.9M net interest income against $3.1M.
$330K total noninterest income against $1.5M; $4.9M total noninterest expense against $3.9M.
$761K provision for credit losses against $141K.
-$2.5M net income against $391K.
-2.00% return on assets against 0.31%; 2.38% net interest margin against 2.48%.
11.03% CET1 capital ratio against 14.23%; 12.70% tier 1 leverage ratio against 13.88%.
Inside the full Piermont Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Piermont Bank rankings
Its closest position to the top of a national ranking is 1,767 of 4,196, for total assets; its furthest is 3,601 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -4.16% (Q4 2024) to 0.31% (Q2 2025) and its net interest margin ran from 1.95% (Q1 2025) to 2.48% (Q3 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.03% | -2.00% | 0.00% | 0.00% | 2.38% |
| Q1 2026 | 12.03% | -1.93% | 0.53% | 2.57% | 2.11% |
| Q4 2025 | 12.99% | -1.52% | 0.55% | 2.48% | 2.07% |
| Q3 2025 | 13.97% | -1.64% | 2.41% | 10.04% | 1.98% |
| Q2 2025 | 14.23% | 0.31% | 2.30% | 9.80% | 2.48% |
| Q1 2025 | 13.65% | -0.91% | 3.48% | 15.49% | 1.95% |
| Q4 2024 | 13.74% | -4.16% | 2.21% | 9.96% | 2.48% |
| Q3 2024 | 14.74% | -0.20% | 6.53% | 27.68% | 2.48% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Piermont Bank (main office) | New York , NY | 10018 | $386.4M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in NY, rank 114 of 176 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Piermont Bank
What are Piermont Bank's total assets?
As of the Q2 2026 filing, Piermont Bank reported total assets of $505.1 million in its FFIEC call report.
Where is Piermont Bank headquartered?
It is headquartered in New York, NY, United States.
When was Piermont Bank founded?
It was established in 2019, per the FDIC institution directory.
Is Piermont Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #59154). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Piermont Bank?
Piermont Bank's primary federal regulator is the FDIC.
What is Piermont Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 11.03% in its Q2 2026 call report, above regulatory requirements.
How many branches does Piermont Bank operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Piermont Bank's Texas Ratio?
Its Texas Ratio is 0.00% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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