PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Putnam County National Bank of Carmel, The

Carmel, NY · Cert 6990

National charter · OCC · 6 branches

Q2 2026

$182.7MAssets
$123.3MLoans
$135.2MDeposits
$46.4MEquity
Loan mix
100%RE $122.9M0%C&I $0.2M0%Consumer $0.1MQ3 2024Q2 2026
Deposit mix
61%Interest-bearing $82.0M39%Noninterest $53.2MQ3 2024Q2 2026

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.0% share · #124 of 151 inst. · $0.1B of $2921.1B

4.8% Putnam
0.0% Westchester

Executive Summary

  • Earnings: ROA of 1.31%, up 23 bps year over year; NIM at 4.02%.
  • Asset quality: problem loans at 0.48% of loans (-16 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 26.77%, up 128 bps from a year ago.
  • Funding: loans stand at 91.16% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.31%+23 bps YoY

Net Interest Margin (YTD, annualized)

4.02%+5 bps YoY

Efficiency Ratio (YTD, annualized)

62.97%-161 bps YoY

Tier 1 Leverage Ratio

26.77%+128 bps YoY

NIM

4.25%Q2 ’244.23%Q2 ’254.29%Q2 ’26-2%+1%

Non-interest income vs. expense

2.65%Q2 ’242.58%Q2 ’252.57%Q2 ’26+11%-2%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.21%1.07%0.88%1.07%1.10%1.16%1.02%1.31%+23 bps
Return on Equity5.03%4.42%3.51%4.29%4.46%4.64%3.88%5.05%+76 bps
Net Interest Margin4.05%4.02%3.88%3.97%3.93%4.24%3.85%4.02%+5 bps
Efficiency Ratio61.95%66.32%69.26%64.58%63.13%63.95%65.96%62.97%-161 bps
Non-Interest Burden2.38%2.57%2.65%2.51%2.43%2.66%2.47%2.46%-5 bps
Growth
Asset Growth (YoY)-2.93%0.69%1.20%2.41%2.01%1.17%-0.74%5.27%+286 bps
Loan Growth (YoY)2.06%1.58%0.93%0.50%-0.18%-2.07%2.07%2.53%+202 bps
Deposit Growth (YoY)-4.92%-0.68%-0.10%1.95%1.47%0.02%-2.49%5.41%+346 bps
Asset Quality
Nonperforming Loans / Loans0.55%0.53%0.51%0.63%1.04%0.59%0.52%0.48%-16 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%-0.22%-0.37%0.00%0.00%0 bps
Allowance / Loans1.26%1.26%1.25%1.26%1.43%1.66%1.58%1.42%+16 bps
Allowance Coverage of NPLs2.3x2.4x2.5x2.0x1.4x2.8x3.0x3.0x+1.0x
Capital
Tier 1 Leverage Ratio24.86%24.71%25.13%25.49%25.45%25.96%26.39%26.77%+128 bps
Total Risk-Based Capital24.86%24.71%25.13%25.49%25.45%25.96%26.39%26.77%+128 bps
Equity / Assets23.28%25.00%24.87%25.28%23.87%26.00%26.39%25.37%+9 bps
Liquidity & Funding
Loans / Deposits86.88%93.98%93.24%93.73%85.47%92.01%97.60%91.16%-256 bps
Liquid Assets / Assets30.89%27.53%27.86%27.23%32.81%29.80%26.14%29.87%+264 bps
CRE / Total Capitaln/an/an/an/a154.67%149.13%159.89%n/an/a