The Putnam County National Bank of Carmel
Also written as PCNB of Carmel
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Data as of · sourced from FFIEC call reports. How we update
The Putnam County National Bank of Carmel is an FDIC-insured commercial bank headquartered in Carmel, NY, supervised by the OCC, with $182.7M in total assets at Q2 2026, up 5.3% from Q2 2025, the 96th largest of 105 banks headquartered in New York. It was established in 1865 and holds FDIC certificate 6990. It reports no CET1 ratio; its Tier 1 leverage ratio was 26.77% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 6990
- Headquarters
- Carmel, NY
- Established
- 1865
- Total assets, Q2 2026
- $182.7M
- Assets vs Q2 2025
- +5.3%
- Tier 1 leverage ratio, Q2 2026
- 26.77%
- Domestic offices
- 6 · The Putnam County National Bank of Carmel branches FDIC institution directory, current count
- Routing number
- 021906808
- Safety and soundness
- Is The Putnam County National Bank of Carmel safe?
- Latest call report
- Q2 2026, FFIEC 051 · The Putnam County National Bank of Carmel Q3 2026 call report, filed October 26, 2026 (preliminary)
- Asset rank in state
- 96th of 105 in New York
The Putnam County National Bank of Carmel, based in Carmel, New York, reported $183 million in assets at June 30, 2026, up 5.3% from a year earlier. It pays an average of 0.34% on its deposits and borrowings, a small fraction of the median of 1.80% for the 2,660 banks with $100 million to $1 billion in assets. It also funds 26.77% of its assets with Tier 1 capital, 2.4 times the median of 10.99% for banks its size.
Net income for the quarter rose 30% from a year earlier, to $714,000. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 0.48% of loans, down from 0.63% a year earlier. Profitability lags: it returns 6.2% a year on shareholders' equity, about half the median of 12.5% for banks its size.
As of June 30, 2026, The Putnam County National Bank of Carmel reported a return on assets of 1.65%, a nonperforming-loan ratio of 0.48% and a Texas ratio of 2.41%. The figures come from its call report filed with the FFIEC.
The Putnam County National Bank of Carmel ranks as the 96th largest of the 105 banks based in New York, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 5.7% to $182.7M, loans rose 0.1% and deposits rose 7.2%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 41.3% of total loans, followed by non-owner-occupied commercial real estate loans at 27.0%. Its 6 offices in the FDIC Summary of Deposits are in Carmel, NY, Patterson, NY and Croton Falls, NY; its Carmel 3 offices book 85% of its branch deposits. Judged on its Q2 2026 call report, The Putnam County National Bank of Carmel meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 43 Gleneida Ave, Carmel, NY 10512
- County
- Putnam
- Metro Area
- New York-Newark-Jersey City, NY-NJ
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 2, New York
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1865
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 33
- Domestic deposits
- $135.2M
- Allowance for credit losses
- $1.7M
- Net charge-offs (YTD)
- -$1K
- Average total assets
- $173.3M
- Average total loans
- $123.2M
- Average interest-bearing deposits
- $101.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 6990
- Fed RSSD
- 287007
- Website
- www.pcnb.biz →
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, The Putnam County National Bank of Carmel reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, The Putnam County National Bank of Carmel's total assets ranged from $169.5M (Q2 2024) to $187.8M (Q3 2023), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$182.7M total assets against $173.6M; $136.4M total liabilities against $129.7M.
$121.5M net loans and leases against $118.7M; $135.2M total deposits against $128.3M.
$12.7M securities against $14.3M; $44.0M cash and balances due against $36.1M.
$1.9M total interest income against $1.9M; $133K total interest expense against $142K.
$1.8M net interest income against $1.7M.
$36K total noninterest income against $40K; $1.1M total noninterest expense against $1.1M.
-$206K provision for credit losses against $0.
$714K net income against $551K.
1.65% return on assets against 1.28%; 4.23% net interest margin against 4.09%.
26.77% tier 1 leverage ratio against 25.49%.
Inside the full The Putnam County National Bank of Carmel terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Putnam County National Bank of Carmel rankings
Its closest position to the top of a national ranking is 1,006 of 3,611, for ROA; its furthest is 3,082 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.65% (Q4 2024) to 1.65% (Q2 2026) and its net interest margin ran from 3.88% (Q1 2026) to 5.16% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 26.77% | 1.65% | 0.48% | 2.41% | 4.23% |
| Q1 2026 | 26.39% | 1.02% | 0.52% | 2.55% | 3.88% |
| Q4 2025 | 25.96% | 1.33% | 0.59% | 2.69% | 5.16% |
| Q3 2025 | 25.45% | 1.21% | 1.04% | 3.93% | 4.00% |
| Q2 2025 | 25.49% | 1.28% | 0.63% | 2.93% | 4.09% |
| Q1 2025 | 25.13% | 0.87% | 0.51% | 2.64% | 3.95% |
| Q4 2024 | 24.71% | 0.65% | 0.53% | 2.70% | 4.16% |
| Q3 2024 | 24.86% | 1.07% | 0.55% | 2.80% | 4.09% |
Swipe the table sideways to see every column.
Branch Network
View all 6 branches → 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 |
|---|---|---|---|
| The Putnam County National Bank of Carmel | Carmel , NY | 10512 | $79.7M |
| Lake Carmel Office | Carmel , NY | 10512 | $18.7M |
| Putnam Plaza Office | Carmel , NY | 10512 | $16.3M |
| Patterson Office | Patterson , NY | 12563 | $11.1M |
| Putnam Lake Office | Patterson , NY | 12563 | $6.2M |
| Croton Falls Office | Croton Falls , NY | 10519 | $3.2M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 2 against the institution (OCC)
- April 4, 2012, OCC: Formal Agreement: The Putnam County National Bank of Carmel
- July 12, 2006, OCC: Formal Agreement: The Putnam County National Bank of Carmel
- Period: Most recent institution action April 4, 2012. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in NY, rank 144 of 176 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- 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 The Putnam County National Bank of Carmel
What are The Putnam County National Bank of Carmel's total assets?
As of the Q2 2026 filing, The Putnam County National Bank of Carmel reported total assets of $182.7 million in its FFIEC call report.
Where is The Putnam County National Bank of Carmel headquartered?
It is headquartered in Carmel, NY, United States.
When was The Putnam County National Bank of Carmel founded?
It was established in 1865, per the FDIC institution directory.
Is The Putnam County National Bank of Carmel FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #6990). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Putnam County National Bank of Carmel?
The Putnam County National Bank of Carmel's primary federal regulator is the OCC.
How many branches does The Putnam County National Bank of Carmel operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Putnam County National Bank of Carmel's Texas Ratio?
Its Texas Ratio is 2.41% 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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