PATRIOT NATIONAL BANCORP, INC.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $48.7M | $92.3M | $85.4M | $73.3M | $34.9M | $71.0M | $55.4M | $146.8M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $35.4M | $32.8M | $29.4M | $22.4M | $15.1M | $4.3M | $4.1M | $5.3M |
| Goodwill | $1.7M | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | $38.2K | — |
| Total Assets | $852.1M | $756.7M | $653.4M | $632.6M | $541.2M | $617.9M | $665.8M | $784.3M |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | $141.4M | $159.5M | $142.2M | $128.2M | — | $57.0M | $57.0M | $57.0M |
| Total Liabilities | $785.3M | $694.1M | $591.9M | $573.9M | $499.4M | $568.3M | $615.3M | $717.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-38.8M | $-42.9M | $-44.8M | $-47.0M | $-62.7M | $-55.4M | $-54.9M | $-39.4M |
| Total Stockholders' Equity | $66.7M | $62.6M | $61.5M | $58.7M | $41.8M | $49.6M | $50.6M | $67.2M |
Abnormally good or abnormally bad conditions do not last forever.