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Stamford, Conn.-based Patriot National Bancorp Inc. completed its acquisition of Orange, Conn.-based Prime Bank, effective upon close of business on May 10.
With the completion of the deal, Prime Bank's New Haven County location has become Patriot Bank NA's 11th branch. On a pro forma basis as of March 31, Patriot Bank's total assets following the acquisition amounts to $928 million.
As of March 31, Prime Bank had approximately $65 million in total assets.