Modern Bank, National Association
New York, NY · Owner: Modern Bank Management LLC
$649M
total assets, June 30, 2026
$649M
total assets, June 30, 2026
Modern Bank, National Association is a national bank based in New York, NY, owned by Modern Bank Management LLC. As of June 30, 2026 it held $648.5 million in assets and $480.4 million in deposits; assets were down 8.8% from a year before. It has 2 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$649M
-8.8% in a year · -6.9% in a quarter
Deposits
$480M
-10.0% in a year · -8.2% in a quarter
Loans
$487M
+3.8% in a year · -3.5% in a quarter
Profit so far
$451K
Jan 1 to Jun 30, 2026
Capital ratio
9.56%
-1.59 pts in a year
Return on assets
0.14%
+1.26 pts in a year
Facts
- Type
- National bank
- Head office
- 410 Park Ave, New York, NY, 10022
- County
- New York
- Holding company
- Modern Bank Management LLC
- Established
- Jan 1, 1977
- Employees
- 42
- Branches
- 2 in 2 states
- Website
- www.modernbank.com
- Id
- b22398
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
2 offices as of June 30, 2026, holding $480.4 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| New York | 1 | $480M | 100.0% |
| New Jersey | 1 | $0 | 0.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Modern Bank, National Association (main office) | New York, NY | $480M |
| Woodcliff Lake Branch | Woodcliff Lake, NJ | $0 |
Related pages
Questions and answers
How big is Modern Bank, National Association?
$648.5 million in total assets and $480.4 million in deposits as of June 30, 2026, with assets down 8.8% from a year before. Its loans were $486.6 million.
How many branches does Modern Bank, National Association have?
2 branches in 2 states as of June 30, 2026. The most deposits are in New York ($480.4 million).
Is Modern Bank, National Association profitable?
Yes: it earned $451,000 from January 1 to June 30, 2026. Its return on assets was 0.14% a year; about 1% is typical.
Who owns Modern Bank, National Association?
Modern Bank, National Association is owned by Modern Bank Management LLC, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.