Modern Bank, N.A.: Call Report & UBPR Financial Data
Data as of · sourced from FFIEC call reports. How we update
Asset quality shifted last quarter, NPLs rose to 7.60% from 5.37% in the prior period. Modern Bank, N.A. is a locally rooted FDIC-insured community bank based in New York, NY. Profitability runs below industry average: 0.26% ROA, 2.68% ROE, with NIM at 2.64%. Modern Bank's Q2 2026 balance sheet shows $649M in assets funded primarily by $480M in customer deposits. Capital is comfortably above regulatory requirements, CET1 ratio of 12.96% sits well above the 7% level required once the capital conservation buffer is included. Asset quality is impaired, with nonperforming loans at 7.60%. It operates 2 branches, primarily in New York.
As of June 30, 2026, Modern Bank, N.A. reported a CET1 capital ratio of 12.96%, a return on assets of 0.26%, a nonperforming-loan ratio of 7.60%, a Texas ratio of 51.56%, per financial data filed with the FFIEC.
Headquarters Profile
- Address
- 410 Park Ave, New York, NY 10022
- County
- New York
- 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
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1977
- Former names
- Excel Bank, National Association (1997-2005); Union Chelsea National Bank (1977-1997)
- Offices
- 2 domestic
- Employees (FTE)
- 42
- Domestic deposits
- $480.4M
- Allowance for credit losses
- $7.3M
- Net charge-offs (YTD)
- $0
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1977
- FDIC Cert
- 22398
- Fed RSSD
- 2398701
- Website
- www.modernbank.com →
- Parent Holding Company
- MODERN FINANCIAL INC. (RSSD 3719974)
- Ultimate Parent
- MODERN BANK MANAGEMENT LLC (RSSD 3720000)
Profitability
Capital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
The quarter's own net income, as filed. It needs no adjustment because the filing does not accumulate it through the year.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Modern Bank, N.A. terminal
25 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Modern Bank, N.A., 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.
Non-performing assets exceed half of the bank's capital plus reserves. Worth monitoring, not yet at the historical failure-risk threshold. BankRegReports early-warning band below the 100% heuristic.
Non-performing loans (90+ days past due or non-accrual) exceed 3% of total loans, well above the typical community-bank range of 0.5–1.5%. BankRegReports band vs the 0.5–1.5% industry norm.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Modern Bank, N.A. rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Metric pages for Modern Bank, N.A.: Texas Ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.96% | 0.26% | 7.60% | 51.56% | 2.64% |
| Q1 2026 | 12.22% | 0.00% | 5.37% | 37.50% | 2.49% |
| Q4 2025 | 12.60% | -7.29% | 6.01% | 40.62% | 2.44% |
| Q3 2025 | 15.23% | -2.27% | 6.70% | 38.06% | 2.74% |
| Q2 2025 | 16.26% | -1.45% | 7.07% | 37.94% | 2.28% |
| Q1 2025 | 15.87% | -0.85% | 8.57% | 47.36% | 2.24% |
| Q4 2024 | 15.48% | 0.27% | 6.77% | 39.23% | 2.68% |
| Q3 2024 | 14.25% | 0.32% | 5.09% | 31.56% | 2.73% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, mapped, and listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 2 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Modern Bank, N.A. (main office) | New York , NY | 10022 | $480.4M |
| Woodcliff Lake Branch | Woodcliff Lake , NJ | 07677 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| March 1, 1997 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 1, 1997 | Structure Change | Charter Discontinued (Merger or Purchase & Assumption) | FFIEC NIC |
| January 1, 1977 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 3 events.
Regulatory record
What the public regulatory sources show for Modern Bank, N.A., each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- 4 against the institution (OCC); 3 against individuals associated with it
- October 27, 2009, OCC: Formal Agreement: Modern Bank, National Association
- September 24, 2002, OCC: Formal Agreement: Excel Bank, National Association
- April 11, 2002, OCC: Formal Agreement: Excel Bank, N.A.
- November 12, 1991, OCC: Formal Agreement: Union Chelsea National Bank
- Period: Most recent institution action October 27, 2009. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in NY, rank 102 of 180 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- Not on file: no HMDA filing matched
- Period: not on file. Source: FFIEC HMDA loan application register.
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
Add this badge to your website
Free to use. The badge always shows Modern Bank, N.A.’s most recent filed regulatory figures. It updates automatically each quarter, so it never goes stale.
Similar banks
Compare Modern Bank, N.A. with peers
Side-by-side comparison of capital, profitability, asset quality, and balance sheet. Pick a peer to view the full head-to-head.
Frequently asked about Modern Bank, N.A.
What are Modern Bank, N.A.'s total assets?
As of the Q2 2026 filing, Modern Bank, N.A. reported total assets of $648.5 million in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Modern Bank, N.A. headquartered?
Modern Bank, N.A. is headquartered in New York, NY, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was Modern Bank, N.A. founded?
Modern Bank, N.A. was established in 1977, per the FDIC institution directory.
Is Modern Bank, N.A. FDIC-insured?
Yes. Modern Bank, N.A. is an FDIC-insured commercial bank (FDIC Certificate #22398). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Modern Bank, N.A.?
Modern Bank, N.A.'s primary federal regulator is the OCC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Modern Bank, N.A.'s CET1 capital ratio?
Modern Bank, N.A. reported a Common Equity Tier 1 (CET1) capital ratio of 12.96% in its Q2 2026 call report, above regulatory requirements.
How many branches does Modern Bank, N.A. operate?
Modern Bank, N.A. operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Modern Bank, N.A.'s Texas Ratio?
Modern Bank, N.A.'s Texas Ratio is 51.56% in its Q2 2026 call report, elevated, credit issues exceed half of the bank's capital cushion (50–100%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was Modern Bank, N.A. previously called?
The charter now named Modern Bank, N.A. has also operated as Excel Bank, National Association (1997-2005), Union Chelsea National Bank (1977-1997), per FDIC structure-change records.
Go deeper on Modern Bank, N.A.
Unlock the full terminal: 25 years of quarterly trends, peer benchmarking, watch flags, and Excel tearsheets for this bank and every other US institution.
Unlock Modern Bank, N.A., freeFree account