ary films ( urdu : ary فلم ) is a film distribution & production company in pakistan , part of ary digital network .

thirty five films including 11 urdu , 6 punjabi and 17 pashto films were released by ary films in 2013 .

among them , waar , jawani phir nahi ani , wrong no. , jalaibee , 3 bahadur tops the charts in industry .

ary films

ary films is doing great for the revival of pakistan films ind . salute n kud0s�
ary films is a film distribution & production company in pakistan , part of ary digital network . thirty five films including 11 urdu , 6 punjabi and 17 pashto films .
ary films has received worldwide appreciatiom for creating a milestone in reviving pakistani cinema .
ary filmsand kahani films presents . . kambakht . . a hamza ali abbasi film . . . releasing in 2014 by ary films in cinemas across pakistan . .
under the banner of wadi animation , feature films , short films , commercial films and animated tv series will be produced .
ary films is the best in my opinion . you guys know how to promote a movie
ary films officially tweeted the poster and trailer of the movie from their official twitter account yesterday .
thirty five films were released in pakistan including 11 urdu , 6 punjabi and 17 pashto films .
premieres of the hareem farooq starrer
parchi
drew a huge number of celebrities in karachi and lahore , ary news reported . the premieres of the fun - filled movie - the latest offering by ary films , irk films , arif lakhani films - were…
u was signed between ary films and riaz shahid films on 2 . november 2 . 01 . 3 , starting a joint production venture between the two companies announcing two films at the event , arth 2 and mission - 5 . [ 1 . on 7 december 2 . 01 . ary films & mind .
on 11 september 2014 , ary films and soc films announced a joint venture company naming it waadi animations , in intention to produce animated content including feature films making the debut project 3 bahadur . [ 27 ]
film producers in pakistan are trying to revive the lollywood industry as new and more technologically advance films are on the verge of production . ary films and mindworks media have agreed to produce waar - 2 whereas jalebi will also be released by ary films and redrum films in 2014 and is shot via arri alexa hd cameras .
the film has been shot entirely in pakistan – and will be released under the banner of ary films worldwide .
an mou was signed between ary films and riaz shahid films on 23 november 2013 , starting a joint production venture between the two companies announcing two films at the event , arth 2 and mission - 5 . [ 19 ]
presenting the theatrical trailer of salman iqbal films , ary films and six sigma plus production jawani phir nahi ani - 2 cast : humayun saeed , fahad mustafa , . . .
as per the mou , riaz shahid films will produce four up - standard , quality films every year from the next year making sure that there is always enough local content for cinemas to exhibit , whereas ary films will make sure that the films receive the grandest reception in the country possible .
ary films & mind works media taking pakistani films to another level where the collaborative endeavor intends to produce great pakistani movies that will flourish pakistan’s cinema industry taking it to international level .
ary films , salman iqbal films and six sigma plus productions ' latest release ' punjab nahi jaungi ' is breaking records , attracting cine - goers the world over and has become the highest grossing pakistani film of the year , ary news reported . …
an mou was signed between ary films and riaz shahid films on 23rd november 2013 , subjecting a joint production venture between two banners aimed at wheeling the revival process of pakistan film industry .
makers irk films , ary films and arif lakhani films on saturday released the much - awaited trailer of hareem farooq starrer
parchi
in a star studded event at karachi ' s nueplex cinemas . scroll down for more videos as the 2 minute 57…
yesterday , dawn films has signed a contract with matteela films ( who produced zinda bhaag ) to work on joint ventures .
karachi , december 7 : ary films & mind works media have joined hands to produce pakistani movies which will compete on international markets with international films to take the local cinema industry to the next level .
year 2013 has given a major boost to pakistani cinema . the credit of producing great films in the calendar year goes to ary group .
the movie will be shot at exquisite locations in swat and northern areas of pakistan and will proudly be released by ary films in 2016 .
ary films is a company launched with the view to create an organization that will become an integral part of the entertainment business in pakistan .
karachi - based production house soc films has announced its latest collaborative effort with a local film production company titled waadi animations . the venture centralises producing animated feature films , short films , television series and commercials .
ary films are making a sequel of waar to be shot in pakistan , u . k . , russia , turkey and yugoslavia . [ 26 ]
in a recent announcement , dawn media group’s sister company , herald entertainment broke the big news that one of pakistan’s largest media group is all set to enter films . dawn films would produce feature films , urltoken reported .
ary films ( including “the platform” ) has so far released josh – against the grain , main hoon shahid afridi , lamha , zinda bhaag and waar .
media giants like ary network , geo network and hum have already ventured into films , it was about time dawn media group joined the film world too .
karachi : the theatrical trailer for ary films and pervez malik films latest collaboration
azaadi
was released on tuesday during a star - studded event at karachi ' s nueplex cinemas . the film starring moammar rana , sonya hussyn and…
the original sound track of pakistan ' s latest animation release
gluco - allahyar & the legend of markhor
was released on friday , ary news reported . sung by ali noor , the video released on ary films page soon received thousands of…
karachi : premiere ceremony of punjab nahi jaungi , the latest offering by salman iqbal films , ary films & six sigma plus , was held at nueplex cinema in karachi on tuesday . punjab nahi jaungi is a romantic - drama directed by the…
in early 2 . 01 . 4 ary films signed an agreement with summit entertainment ( pak ) to release concordia productions feature tamanna in cinemas across pakistan on 6 june as part of the new wave of pakistani films released in 2 . the film premiered two days later on 8 june in london at the 1 . london asian film festival . on 1 . 1 september 2 . ary films and soc films announced a joint venture company naming it waadi animations , in intention to produce animated content including feature films making the debut project 3 bahadur . [ 2 .
it must also be noted that ary films earlier this year signed another mou with mandviwalla entertainment resulting in creation of , the platform ; a venture helping local films , specially the small productions in getting them much - needed cinema release across the country .
‘tamanna’ a british - pakistani film distributed by royal palm group t / a summit entertainment ( pak ) and ary films , is all set to be released on june 13 .
carrying the name of mr . riaz shahid ; one of the most celebrated filmmakers of industry’s heydays , riaz shahid films , the film banner now being run by his superstar son , shaan shahid , have allied with the media giant ary netwrok’s film distribution arm , ary films to together bear the torch in pakistan film industry’s quest for its revived future .
“punjab nahi jaungi is the first film to release under the banner of ary films this year and we are proud to be providing quality entertainment to our viewers consistently . we hope to continue the same trend , ” shared salman iqbal , founder and president of ary digital network .
movenpick hotel was the center of glitz and glamour , as the cast and crew for upcoming ary films movie wrong number were expected . fans , bloggers , media personnel , photographers , actors , actresses and directors all showed up to quell their curiosity about the anxiously awaited film . produced by ynh films , and released by ary films , wrong no . is packed with action , comedy , drama and romance that is all set to entertain pakistani audiences .
released by ary films and footprint entertainment , produced by matteela films , directed by meenu gaur and farjad nabi ; produced by mazhar zaidi ; written by ms . gaur and mr . nabi ; music by sahir ali bagga ; editing by shan muhammed ; cinematography by satya nagpaul .
on 7 december 2013 ary films & mindworks media joined hands to produce pakistani movies . the collaboration starts with waar 2 [ 24 ] and delta echo foxtrot [ 25 ] later named yalghaar .
ceo ary network salman iqbal is among the executive producers of ‘jalaibee’ with murtaza shah and jerjees seja .
ary is hoping to give viewers a holistic cinema experience in pakistan through producing more movies . since it
waar , joint production of ary films and mandviwalla entertainment , was the most successful film to be released in the year 2013 . the film has also been released in foreign countries and earned millions .
kinza piracha is a lifestyle and entertainment editor at ary digital network . her twitter handle is @ perachakinza .
according to ary films , the waar was released on eid 2013 ; the day of release furthered the impact of the movie . similarly , the producers are aiming or eid 2015 for the waar 2’s release .
ary digital network ary digital fz llc office # 206 , building 4 , dubai studio city dubai , uae p . o . box : 502391 ph : + 971 4 5515900 / + 97145515912 fax : + 971 4 3861217
in early 2014 ary films signed an agreement with summit entertainment ( pak ) to release concordia productions feature tamanna in cinemas across pakistan on 6 june as part of the new wave of pakistani films released in 2014 . the film premiered two days later on 8 june in london at the 16th london asian film festival .
good review it ' s time to revive the films of pakistan particularly urdu movies . . . . .
“we welcome reham and irk films and look forward to making this venture a success , ” he added .
janaan [ 1 . 3 ] november 1 . lahore se aageyco - production with showcase films [ 1 .
this is the third association ary films has cemented in the last year , making it one of the biggest and the most versatile pakistani cinema game changers in the last decade . the company’s other associations includes a collaboration with mandviwalla entertainment focusing on tent - pole commercial feature films , an indie unit “the platform” , and the recent partnership with riaz shahid films to produce a slate of four motion pictures , including an official sequel to mahesh bhatt’s “arth” .
mr . salman iqbal , founder and president ary digital network , said , “we are pleased to announce one of our many releases of 2016 . janaan not only depicts the positive side of pukhtoons and pakistan , but it will also add value in supporting the pakistan film industry with ary films at the forefront of holding up the ‘made in pakistan’ content” .
karachi : good news for the fans as the intense and powerful poster of upcoming movie ‘azaadi’ has been released featuring the leads moammar rana and sonya hussyn . loaded with thrill , war and action , the venture of ary films and pervez…
karachi : in another of the headline grabbing motion picture associations to hit the domestic cinema market in under a month , media giant ary films has entered into a joint venture agreement with mind works media to produce “hi - octane” pakistani movies .
yasir nawaz chimed in with the much needed details about the film . “we needed a complete , commercial masala film . it was the need of our cinema industry . we have made a lot of films of varying genres , such as drama , action , romance . at the moment , ary films is supporting movies in pakistan more than any other franchise . ”
salman iqbal , president ary digital network and hassan rana , ceo of mind works media , has signed the mou for joint venture pakistani movie , waar2 . one more time the pakistani cinema industry will be hit by another mega hit ' waar 2 ' . media giant ary films has entered into a joint venture agreement with mind works media is produce
high octane
pakistani movies .
ary films has never failed to surprise us , providing their audience with quality of movies has been the first priority . there are films that you can’t miss to watch and if you have already seen them it’s about time you re watch them and we promise you won’t be wasting your time . movies which are to be released soon must be on you ‘to watch’ list .
animated film ‘teen bahadur’ will be the first production of wadi amination , which is all set to release next year . pioneer and president of ary digital network along with ceo of sos films sharmeen ubaid chinoy had already announced about the production of ‘teen bahadur’ .
presenting the theatrical trailer of salman iqbal films , ary films and six sigma plus production jawani phir nahi ani - 2 cast : humayun saeed , fahad mustafa , ahmad ali butt , vasay chaudhry , mawra hocane , kubra khan , sarwat gillani , uzma khan , omer shehzad , safina behroz and sohail ahmed . produced by : salman iqbal , humayun saeed , shahzad nasib and jerjees seja . written by : vasay chaudhry directed by : nadeem baig releasing on eid ul azha 2018 . a salman iqbal films , ary films & six sigma plus production . # jpna2 # aryfilms # sifilms # sixsigmaplus # madeinpakistan # trailerlaunch # 25thjune # humayunsaeed # fahadmustafa # vasaychaudary # ahmedalibutt # mawrahocane # sarwatgillani # kubrakhan # uzmakhan # eidulazha # romcom # biggestentertaineroftheyear # sequel @ saeedhumayun @ mustafafahad26 @ vasaych @ ahmedalibutt @ mawrellous @ sarwatg @ thekubism @ uzmakhanofficial @ jerjeesseja @ salman _ ary @ aryfilmsofficial show less
karachi : the teaser for ary films ' upcoming movie ' parchi ' is finally out , heightening the suspense over hareem farooq ' s role in the flick as she could be seen thrashing a person .
is she performing role of a hooligan ?
the…
mazhar zaidi , the ceo of matteela films , agreeing with saigol , said this was an exciting time for film makers in pakistan .
salman iqbal , president ary digital network and hassan rana , ceo mind works media , signing the joint venture mou at the occasion . - courtesy photo
works media joined hands to produce pakistani movies . the collaboration starts with waar 2 [ 1 . delta echo foxtrot [ 2 . yalghaar . ary films are making a sequel of waar to be shot in pakistan , u . k . , russia , turkey and yugoslavia . [ 2 .
jerjees seja , ceo ary digital network and co - producer said , “i personally can’t wait for this movie to be released , we have such high hopes . ary is committed to produce one blockbuster after another , therefore , we are excited and hopeful about the rise of new cinema in pakistan . ”
in the recent development concerning the pakistani movies is the collaboration of media giant ary films and mind works media productions to produce high budgeted and high quality pakistani movies . both the groups will venture together into numerous movies . waar 2 , the sequel of waar , will be one the first joint ventures of ary films and mind works media productions and other joint venture will be “delta echo foxtrot” , another thriller on courage , sacrifice , passion , and patriotism set to release by the end of this year . delta echo foxtrot will be the first venture followed by the making of waar 2 . the cast of delta echo foxtrot is not announced and kept secret . bt , it is expected that the movie will include the biggest actors of pakistani cinema and new talented faces will also be given chance as the auditions for the movie are already under way . mr salman iqbal , president and founder of ary digital network described about these two mega - films while talking at the press conference at the ary office in karachi .
academy award - winning filmmaker sharmeen obaid chinoy , the ceo of waadi animations , is also the creative director of 3 bahadur with ary films extending its expertise in distribution and marketing for the film . additionally , the original soundtrack for the movie has been composed and produced by accomplished musician shiraz uppal .
meenu gaur and farjad nabi , the directors for matteela films , said that the movies produced now will shape the future of pakistani film industry .
pakistan ' s first noir crime thriller film : tamanna , to release nationwide across pakistan in march 2014 . to be released by geo films .
stating his views on the collaboration , mr . jarjees seja , ary digital network’s chief executive officer , said , it is pertinent for the main players in the market to join hands to be able to make and market better films . our experience with our latest presentations like ‘waar’ , ‘zinda bhaag’ , and ‘main hoon shahid afridi’ tells us that there is a great hunger for pakistani cinema entertainment . the market is ready to reward and support all good efforts . this is precisely why we are joining forces with riaz shahid films and we intend to jointly produce and market four films each year from now on . at ary films , we are committed to not only provide quality entertainment through our movies but also give a business model to different advertisers and sponsors so they can use this powerful medium to integrate their brand / products and become a part of revival of pakistani cinema by investing in the movies . ”
karachi : punjab nahi jaungi , the latest offering by ary films & six sigma plus is ready to hit cinemas on eid ul adha and a special trailer launch was hosted on 5th july at nueplex cinema in karachi where the trailer of the film was showcased to the members of the media for the first time .
it has almost been a year that pakistani cinema was revamped and since then we are experiencing houseful and award - winning films by our homemade productions .
bearing in mind the bash of a premiere yesterday , think of the cameos as family - support for mr . saeedand shahzad nasib’s sure fire blockbuster ; and , in case anyone forgets about either their or ary films’ – who distributes the movie along with mandviwalla entertainment – place in the industry , this is one extended family .
has cemented in the last year , making it one of the biggest and the most versatilepakistani cinema game changers in the last decade . ary films ( including
the platform
) has so far released josh - against the grain , main hoon shahid afridi , lamha , zinda bhaag and waar . not only that , but the company ' s other associations includes a collaboration with mandviwalla entertainment focusing on tent - pole commercial feature films , an indie unit
the platform
, and the recent partnership with riaz shahid films is produce a slate of four motion pictures , including an official sequel to mahesh bhatt it ' s
arth
.
films , and will be releasing its teaser trailers in the coming months . we can’t wait to see what hamza ali abbasi has in store for us this year .
i think its too early for a squeal . . but i also wish very best of luck to ary & pakistan with this film too . . . . . . it must have been very difficult for pakistani media for giving so much coverage to pakistani films instead of covering indian film industry and india actors day to day activities . . . .
nazafreen saigol , the chief executive officer of herald entertainment , expressed his excitement on starting the new venture and also praised matteela films to be on same page as dawn .
“we are excited to be a part of the emerging film industry in pakistan . we intend to bring the highest quality of films to the pakistani viewers . the revival of cinema in pakistan is an exciting opportunity . we hope to play our role in bringing pakistani films to the level of the best in the world , ” saigol said .
it was disappointing to know that waar 2 will not have the brains of bilal lashari as the director . the ary films officials announced that waar 2’s direction won’t be undertaken by bilal lashari anymore . dr hassan waqas rana will be the director of waar 2 . dr hassan waqas rana also happens to be the writer and producer of waar and he is more acquainted with the story and peripherals of the movie . but , one wonders why bilal lashari was ignored for this job as he did the brilliant direction of the movie . another thing that made waar prominent was the cinematography and bial lashari was the person behind it . we haven’t heard the reason for this directorial change from ary films but we will , surely , miss the master class of bilal lashari in the waar 2 .
so heartening to see such positive news coming out of pakistan . thank you ary and mind works media for putting faith in the local talent and taking a bold initiative to revive the industry . god bless you all !
ceo ary digital network jerjees seja also shared his expectations about the film . “when released , this movie will make people laugh harder than it did just now , when they viewed it behind - the - scenes , ” said jerjees seja . “this movie will also be a resounding success just like 3 bahadur , which has grossed more than rs 5 crore at the box office . people are watching 3 bahadur instead of bollywood films . ”
the joint venture , which was held at ary’s medina city mall offices , launched “delta echo foxtrot” , an actioner of “courage , sacrifice , passion and patriotism” set to release in 2014 , and “waar 2” the sequel of the immensely successful “waar” .
ramchand pakistani ( which i loved , though it showed a very cruel side of india ) also had an indian actress - nandita das - and indian music composers . khuda ke liye had nasiruddin shah . similarly for some other pak films .
to solidify the deal , two films were announced at the event , arth 2 and mission - 5 , along with a subsequent announcement that the former’s launch event will be held next month where indian film director mahesh bhatt will also be present .
not only one , but two movies will be releasing in year 2014 . the joint venture , which was held at ary ' s medina city mall offices , launched the
delta echo foxtrot
, an actioner of
courage , sacrifice , patriotism and passion
and
go google new pakistani films and will see that some hold promise . not every movie will be groundbreaking . yeh to duniya mai hota hi nahin kabhi to phir rona kis baat ka , hain ? har aik ko shabashi dainay ki zaroorat nahin : p
jalaibee [ 7 ] may 2 . bahadurco - production with soc films [ 8 ] july 1 . wrong no . [ 9 ] august 1 . shah [ 1 . 0 ] september 2 . jawani phir nahi anico - production with six sigma plus [ 1 .
cinema can be a good way to promote country’s image as it promotes the overall image of the country . lollywood is improving the quality of films that its making–not only in terms of content such as script and plot but also in terms of production , direction and music .
@ pakistani : i dont think it is sad . what is sad is the way some films are made . in my opinion ppl often try to be different by making message based films . i may not speak for everyone but a good number of ppl want to go see a film that does not preach too much . and if it does then that message should not be forced on to us . a good example is chambaili . bad examples are other films . i think on the same topic of message based films ramchand pakistani was a better than others . also i think it is good for dawn to be open to different opinions . i read an article by the director of josh and then there is this review from their regular reviewers . both are welcome and shows that dawn ' s policy is without agenda to promote a single point of view on a film . criticizing is good too . i dont want to spend my money on a film that does not make sense or makes me feel like i have wasted money . so far the reviews here are right on .
waar 2 remains the most anticipated pakistani movie . the fans can’t wait for the movie to release . but the release date seems so far and one wonders why the producers announced the release date as it only leaves audience more curious . people will get to see brilliance of shaan shahid in waar 2 as he is expected to shine in it the way he did in waar . and , the effort put in by ary films and mind works media together for blessing the fans with the expectedly great pakistani movies like waar 2 is laudable and we thank them for this act .
riddled with controversies which the majority is deeming another means of promotion , ary film ' s first production ' jawana phir nahi ani ' isn ' t even out yet and the acclaimed film distribution company has already announced its second production which obviously is enough to excite the serious cinema goers across the nation .
saw the film in canada was great , so proud pakistan is producing fun films enough with the social messages and the heavy drama this film is the entry of pakistan into the stage to be recognized . all those related to the making of this film please take a bow , a job well done !
at the occasion mr . salman iqbal , president and founder , ary digital network said “after the super success of waar and the sound relationship that we have developed with mind works media , it is natural for both companies to bring their expertise together for even bigger and better movies . the fans of pakistani cinema have proved that if we make a good film , they will watch and appreciate it” .
speaking at the trailer launch , nadeem baig was thrilled and said , “we hope that 2017 will be an amazing year for pakistani cinema and that we will be able to be the game changer in the area of producing films . with an amazing star cast , we hope that our viewers will be entertained and will go out of the cinema being content . ”
colourful lights lit up the amiably placed banners , which showcased different characters from the film . slowly but surely , the stars arrived one by one . the sound of shutters clicking filled the air and flashes from cameras lit up the indoor corridor , as danish taimoor , sohai ali , javed sheikh and danish nawaz exchanged greetings and pleasantries . ceo of ary digital network jerjees seja was also present on the occasion .
at the occasion of the joint venture , mr . . salman iqbal , president and founder ( ary digital network ) , said
after the great success of waar and the sound relationship we have developed that with mind works media , it is natural for both companies to bring their expertise together for even bigger and better movies . the fans of pakistani cinema have proved that if we make a good movie , they will watch and appreciate it .
cinema can be a good way to promote the country ' s image as it promotes the overall image of the country . lollywood is improving the quality of films that its making - not only in terms of content as a dry script and plot but also in terms of production , direction and music . and , flicking through the box office collections , it seems the pakistani audience around the world is lapping it all up . pakistanis seem to find new pakistani movie fascinating .
shaan on occasion said , “we are delighted to have one of the biggest media groups of pakistan as our partner . this is not just a collaboration but rather a marriage of two ideologies combined together and it will mark a new era for pakistani film industry . my special thanks to ary film for their vision ; their dedication and patriotism is the reason for the culmination of this partnership . i hope this collaboration will further raise the standard of pakistani cinema industry and bring it to international front , creating a soft image of pakistan in the process . ”
@ pakistani : when a movie comes after such a while then sure people do expect them better this is not 80 ' s or 90 ' s decade now compeition are much even if bollywood does not produce better people leave them and move on to other cinema as there better movies are available , if we want to support these films then do watch them in cinemas . but still those people who are moviegoers expect better from pakistani directors writers when they produce less then it should be quality stuff .
i am feeling very strange , after reading this review . which is half technical and half amateur . i think in this current situation if pakistani make this kind of movie , it is fantastic piece of movie making where every thing is unorganized and situation and business environment is highly risky . at least appreciate the production teams efforts . what so ever this kind of stuff is not seen in many years in pakistan . this is a first step to clear the rust and dirt . every gender and age group are liking this , i being cinema owner fully appreciate the work of whole team and distributor and ary . .
i saw waar . as an indian , i didn ' t see anything wrong with it . yes , the antogonist was indians , but them being indian had nothing to do with the plot . and if we use that argument , we will lose horribly . we have more gadar like films in our history than the veer zaaras . i thoroughly enjoyed the film , and haven ' t see that good a film in south asia for a long time . i did wish that the film could have been a little more in urdu . but everything else , i loved . was deff a well made movie . salute from an indian .
this movie was better than most of the same - old coming out of bollywood . there was some good cinematography and some gritty scenes of karachi . however , the director is tackling a serious social topic and wants to be taken seriously . i am glad for an addition in pakistani films but this thing completely lacked any remnant of character development . do you really need a big budget for developing character ? that excuse can ' t be used . everyone is a stereotype . when someone that matters to the main character is killed , nobody watching the film cared . the character ( s ) were too thinly written . the director is going to bollywood now and i think that is where she may fare better with a nice song - and - dance . too bad , she has potential .
i attended a screening of the film ' josh ' at which the director of the film was also present and engaged in q & a . the film is obviously not going to fetch an oscar but neither does it merit a scathing review of the kind that appeared . movie reviews are usually highly subjective and are by no means the definitive last words . in the us , oftentimes when two reviewer teams review a film , quite often the two entirely disagree . i haven ' t heard about this reviewer before but wrapping one ' s statements in flowery language doesn ' t a good review make . there is absolutely nothing wrong with ' message ' films ; pakistan being overrun by a plethora of societal malfunctioning issues could use a few ; moreover the pakistani film industry lies supine and any efforts to break out of this dismal state ought to be encouraged not at the cost of blanket endorsement but certainly without the kind of tone that almost smacks of being hateful .
you know i was i waiting for a yet another negative review from this freelance urltoken ' s writer . but what made me more sad thn the review itself is urltoken ' s judging policy of approving and putting up pieces . we as a society ( pakistanis ) are so negative and prone to only take out bad things from anything that comes up for us . appreciation is not thr in us , we are a dead bunch of people . now a lot might comment that why am i going sentimental about film , my friends its not about the film , its actually about the the sad state we are in . the writer did not think for a moment that he should atleast comment on the fact that after a long gap films are coming and this is something to appreciated . you cant expect satyajit ray kind of cinema or anything like kubrick or scorsese . things don ' t happen overnight , you gotta give filmmakers ( with no budget ) chances , a little space to breather , a few pats on the back that atleast they did something beside sitting and criticizing . extremely sad !
the movie is incorporated with the dark humor , passion and crime which is based on anthony shaffer’s play , sleuth .
cast of the movie includes rizwan ahmed ( omair rana ) , a struggling actor who meets mian tariq ali ( salman shahid ) , a leftover of the once booming film industry .
the struggling actor is there to convince ali to divorce his wife . a race of male power between two men starts quite reasonably , playfully but eventually results in fury and violence .
the interactions between the two men are similar to the play ; the movie has given equal role to all , also to the second , younger wife , who is the character’s object of desire .
the dialogues are in urdu , and the scenario adapted in numerous ways relatable to pakistani culture . the genre of the movie is drama , directed by a british director steven moore and produced by pakistani producer sarah tareen .
omair rana , salman shahid , mehreen raheel and faryal gohar are being starred in the movie .
before the release of the movie it won an award at the london asian film festival for the first released song , sung by rahat fateh ali khan .
other songs included in the film are sung by ali azmat and amanat ali .
the movie is produced by concordia productions and is all set to be released on 13 th june 2014 in cinemas across pakistan .
jalaibee will be released in cinemas across pakistan , united kingdom ( uk ) , united state of america ( usa ) and united arab emirates ( uae ) . this is first time that a pakistani film will be released simultaneously in four different countries .
the cast of film features danish taimoor , ali safina , wiqar ali khan , zhalay sarhadi , sajid hasan , sabeeka imam , adnan jaffer , uzair jaswal .
main hoon shahid afridi was also released in the country and received positive feeeback . chambeli also managed to draw crowds as it was released on the perk of the general elections .
zinda bhaag , which starred renowned bollywood actor naseeruddin shah , was also well received by the audience . film lamha won two awards at new york city international film festival .
and , flicking through the box office collections , it seems the pakistani audience around the world is lapping it all up . pakistanis seem to find new pakistani movie fascinating .
managed to hit the bull ' s eye with its movie waar now the fans are looking forward for waar - 2 which is set to be released next .
“waar 2” and “delta echo foxtrot” set to release in joint venture - home - dawn . com
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“waar 2” will be helmed by “waar’s” producer and writer hasan rana , and is set to be shot in pakistan , u . k . , russian , turkey and yugoslavia with “national and international superstars” .
commenting on the occasion dr . hasan rana said that “we want all projects to be game changers and we want to push ourselves to the very edge of what is possible . we hope that we can come up to the expectations which the people of pakistan have with us” .
i have a feelin delta echo foxtrot , might not be the real name of the movie . it ' s just a code name they might have given to their project , the rea namel might be decided latter on , when the project is near its release .
waar was a superb movie . . . already watched it twice in theaters . . . . hope waar 2 will be more better . . . delta echo foxtrot . . . not sure about his movie . . . but good to see pakistani cinema is thriving finally
i will not be surprise if bollywood makes a movie like waar , because pakistan has again started the trend of making movies which bollywood used to make like border , loc , tango charlie . waar is a good movie but i think our country ( pak ) must make movies that bring the people of both countries togather rather spliting them .
i see ashir azeem from dhuuan in the picture . if he is involved in either of these ventures its bound to be an awesome production . god speed team . . . . make us proud .
@ junayd : first , waar was not very anti - india . there were subtle mentions and a direct involvement of the indian government was not shown . secondly , waar has songs from the indian coke studio .
currently , we need to establish our own national identity and waar does a good job at it .
waar was good because it was directed by bilal lashari . one does not see him in the picture instead it ' s mr syed noor . so god help them if they take this route
its not an indian song its a paki . old song in urdu and sindhi language sung by old sindhi artist i dont exactly remember the name of that artist if u google it u will find the name @ saad durrani :
@ saad durrani : correct urself sir , waar songs are from coke studio pakistan . . . .
we want bilal lishari to direct the movie . he should be given his reward
titled dhak dhak goal , the chocolate chip cookie attempts to pay a tribute to the global sport of football .
it is worth asking if bureaucrats’ loyalties to parties take precedence over their loyalty to the state .
power at any cost has been the driving force of the modi regime , leaving the nation volatile and fearful .
the us will seek to exploit iran’s economic vulnerabilities as well as ethnic and religious fissures .
one glance at india’s actions is enough to establish that , far from wanting a normalisation of ties with pakistan , . . .
the pml - n has launched its manifesto for election 2018 with great fanfare , perhaps in an attempt to fight off the . . .
he promised to return to pakistan before leaving the country to visit his ailing wife in london , and now , after his . . .
while all are equal before the law , the quality of judgements and the judicial reasoning offered in important cases , . . .
instead of seeking a political solution to the rising discontent in india - held kashmir , the bjp - led government in . . .
a youth bulge with ready access to smartphones is not an advantage for politicians accustomed to going through the . . .
aamina sheikh stars as fatima in iram parveen bilal ' s
josh
. — courtesy photo
mohib mirza stars as uzair in iram parveen bilal ' s
josh
. — courtesy photo
in a quick cut somewhere in the second act of iram parveen bilal’s directorial debut josh , a “madari” makes a monkey flip on the hood of a car . if this is a consciously placed subconscious subtext , then it didn’t gel – or maybe yours truly was feeling a tad “thick” the day of the screening .
“josh , ” which focuses on fatima ( amina sheikh ) , a young woman who willingly – and stubbornly – digs herself into a socio - political scrape , is filled with such allegories that are either too quick to cut away or hit without the right emotional wallop . but by the time the simian jumps , this particular subtlety has become a recurring theme in an otherwise straightforward , pizazz - less performance play that feels like an ngo - backed propagation reel .
i know this sounds harsh , and given the no - nonsense context and execution of “josh” maybe it is . however , a motion picture has a different set of cinematic requirements , most of which fall drastically short here . and i am not talking about the commerciality of the endeavor – mainly because there isn’t , and secondly because there’s no room for it here .
ms . sheikh’s fatima , the anchor of ms . bilal’s screenplay , is a fine lass with an unpretentious humanitarian - gist . at one point , she bulk buys a number of paintings from a street - side artist for rs . 50 each , because she sees him being bullied to sell them at rs . 35 . so , i guess , it’s rather apparent that she rallies up to unearth the mystery of her nanny’s ( nyla jaffri ) demise when she goes back to her place in “khuda ki basti” .
the settlement is pseudo - owned by khan ( kaiser khan nizamani , engaging ) , a local “wadera” with a cinematically clichéd power - hold . as it happens , the wadera / blow - em - up peculiarity is a genetic gift that even khan’s 7 year old shera ( abdullah khan , armed with his annoying blinking toy - gun ) , is already quite well - versed with .
for some strange reason , shera has it in for fatima – which leads to one of the few genuinely comedic moments in “josh” . actually , all of shera’s scenes– and one scene with fatima’s walk - away escape from kidnapping – are laugh riots ( the latter wasn’t intended as one ) .
apart from fatima and shera , everyone else in “josh” is either too stereotypical by themselves , or too stereotypically placed in the screenplay to work .
the supporting roll - call goes like this : khalid malik plays adil , fatima’s artistically frustrated beau ; mohib mirza is uzair , a young - blood politician who gets smitten by fatima – even though the screenplay presents a lack of support for either his , or adil’s affections ( they almost scuffle once , but more as an after - thought of a previously stuffed - in scene ) .
then there’s salim mairaj’s inconsiderately utilized school master , khalid ; ali rizvi’s ahmed is a youth , whose presence doesn’t make a squat of a difference ; adnan shah tipu’s gulsher is khan’s conflicted and emasculated lackey ; parveen akber plays parveen – the woman who becomes josh’s latter point - of - inspiration , without apparent buildup .
josh’s sense of ephemerality is an omnipresent enemy – khan’s wrath , or menace , are simply mcguffins to get the wheels moving .
while ms . bilal’s intelligence as a director shows a clear understanding of the filmmaking process , and the cinematography by nausheen dadabhoy presents a frame - accurate distance of space and characters ( not to mention , skilled shots of sunsets with layered horizontal depths ) . alas , the film’s self - serious rebellion to be “seriously indie” with a “message” takes a lot out of these two gems .
josh is then , about 30 minutes too long , and too superficial and flat to stir up reactions . characters talk about unity , and they marshal behind fatima by the climax – which they ought to , to get the right word out to the film’s audience – but that’s all they do … get the “message” across .
presented by nadeem mandviwalla and muhammad jarjees seja , josh stars : aamina sheikh , mohib mirza , khalid malik , navin waqar , khalid ahmed , parveen akber , nyla jafri , kaiser khan nizamani , saleem mairaj , adnan shah tipu , ali rizvi and faizan haqquee .
directed by iram parveen bilal ; executive produced by hany abu - assad ; produced by ms . bilal and kelly thomas with associate producers mehnaz alavi diwan and oscar hernandez ; co - produced by saad bin mujeeb ; line produced by saqib chawla ; music by shahi hasan , andrew t . mackay ; cinematography by nausheen dadabhoy ; editing by jochen kunstler ; production design by ms . alavi diwan .
despite living movies 24 / 7 ( http : / / kamranjawaid . com ) , the writer is still truly , madly , deeply in love with cinema ; the root cause of this anomaly requires further clinical trials .
the views expressed by this writer and commenters below do not necessarily reflect the views and policies of the dawn media group .
it is so harrowing to see urltoken publish a review this horrendous . the idea isn ' t to jam words willynilly kamran , the idea is coherency , accessibility and sincerity of opinion . i genuinely hope no one in their right minds is paying you for your ' service ' .
agree with mr pakistani . the pakistani media is filled with crises oriented and grim news and it seems that they are bent upon presenting a negative image of the country . i have not seen this movie but the actress is better looking and slim , during pakistan ` s golden era of film industry the actresses looked more like wrestlers .
i was kind of disappointed with the review as well . i was looking forward to this movie . i will still watch it though to support our cinema .
i always see angry reactions on the reviews at dawn . why ? i think it is because we as a people always want to negate on opinions . if an opinion is good we say it is bad . if the opinion is bad we go against it as well .
i respect what new film - makers are doing for pakistan but i do not understand why we keep seeing mediocre or message based movies when our cinema clearly needs good commercial blockbusters . dawn was promoting siyaah and i ended up taking the time out to watch it in karachi when i was there . i laughed so hard during the movie and agreed with what the review here said about it so i expect the review here to hold merit for josh too .


patriot bank , n.a. ( pnbk ) is the bank holding company for stamford , connecticut-based patriot bank na , which has 10 locations in connecticut and new york state .

patriot bank provides retail and commercial banking services to local businesses , nonprofits , municipalities , families , and individuals throughout southern connecticut and westchester county , new york .

the company is traded on nasdaq as pnbk .

the bank operates 10 locations , 7 in fairfield county , 2 in westchester county and 1 in new haven county .

patriot national bancorp

patriot national bancorp , inc . , patriot bank na ( stamford , connecticut )
patriot national bancorp is scheduled to release their next quarterly earnings announcement on monday , july , 30th 2018 . view earnings estimates for patriot national bancorp .
castle creek capital joins circle of institutional investors of patriot national bancorp , inc .
hana financial to sell its sba lending unit to patriot national bancorp , inc .
pnbk company profile & executives - patriot national bancorp inc . - wall street journal
patriot national bancorp , inc . announces quarterly cash dividend for shareholders nasdaq : pnbk
patriot national bancorp inc : entry into a material definitive agreement , creat . .
patriot national bancorp inc : management ' s discussion and analysis of financial . .
pnbk patriot national bancorp inc . stock and investing information on stocktwits ( pnbk )
brief - patriot national bancorp reports q1 earnings per share of $ 0 . 27
patriot national bancorp trades on the nasdaq under the ticker symbol
pnbk .
note : compare patriot national bancorp stock price history with the index and industry peers .
patriot national bancorp , inc . 900 bedford st stamford , ct holding companies - mapquest
patriot national bancorp inc : change in directors or principal officers ( form 8 . .
about the patriot national bancorp , inc . patriot national bancorp , inc . is headquartered in stamford , connecticut and the bank has full service branches in connecticut and new york .
patriot national bancorp has a market capitalization of $ 78 . 08 million and generates $ 34 . 29 million in revenue each year . patriot national bancorp employs 109 workers across the globe .
castle creek capital joins circle of institutional investors of patriot national bancorp , inc . nasdaq : pnbk
patriot national bancorp , inc . to acquire sba business lending unit of hana financial , inc .
patriot national bancorp ( pnbk ) declares $ . 01 quarterly dividend ; 0 . 2 % yield
patriot national bancorp ( pnbk ) declares $ 0 . 01 quarterly dividend ; 0 . 2 % yield
patriot national bancorp , inc . ( nasdaq : pnbk ) to ring the nasdaq stock market closing bell
patriot national bank announces name change to
patriot bank , n . a .
for investor or media inquiries regarding pnbk holdings llc or patriot national bancorp , inc . , please contact :
patriot national bancorp , inc . ’s iss governance qualityscore as of n / a is n / a .
stamford , conn . - based patriot national bancorp is shortening the name of its retail banking subsidiary to patriot bank n . a .
st . mary ' s healthcare system for children , patriot national bancorp , inc . , patriot bank na ( stamford , connecticut )
1 brokers have issued 12 - month target prices for patriot national bancorp ' s shares . their forecasts range from $ 24 . 00 to $ 24 . 00 . on average , they expect patriot national bancorp ' s stock price to reach $ 24 . 00 in the next year . view analyst ratings for patriot national bancorp .
pnbk stock price - patriot national bancorp inc . stock quote ( u . s . : nasdaq ) - marketwatch
stamford - based patriot national bank dropped its middle name on monday , now doing business as patriot bank n . a . , with parent company patriot national bancorp ( nasdaq : pnbk ) retaining its ticker symbol .
patriot national bancorp inc . 10 - k / a aug . 1 , 2017 4 : 10 pm | seeking alpha
patriot national bancorp , inc . ( nasdaq : pnbk ) to ring the nasdaq stock market closing bell nasdaq : ndaq
patriot national bank announces name change to
patriot bank , n . a .
nasdaq : pnbk
current and historical revenue for patriot national bancorp ( pnbk ) from 2006 to 2018 . the sum of all revenue fields included for a company ' s operating activities . the current revenue for patriot national bancorp as of march 31 , 2018 is .
brean capital analyst blair brantley reiterated a buy rating on patriot national bancorp inc ( nasdaq : . . . [ . . . ]
patriot national bancorp , inc . is headquartered in stamford , connecticut and the bank has full service branches in connecticut and new york .
patriot national bancorp , parent company of patriot bank , continued its push into the new haven county market wednesday , announcing an agreement to acquire prime bank in orange .
patriot national bank ceo ken neilson talks with an employee in his stamford office .
patriot national bancorp achieves record full year pre - tax income of $ 7 . 0 million - its strongest full year operating performance ever recorded
patriot national bancorp share price history helps an investor analyze a company ' s history and do patriot national bancorp stock analysis . patriot national bancorp stock price history captures the price movement and gives a clear picture of a company ' s historical performance . an abnormally high daily 1 , 325 typically implies breaking news or earnings release . pnbk stock saw a high of $ 20 , and a low of $ 19 . 73 on last trading day . the average p / s ratio was 2 . 27 as can be seen from patriot national bancorp stock history .
on august 31 , 1994 , patriot national bank obtained its charter and opened for business as a community bank . in 1999 , patriot national bancorp , inc . was organized as a bank holding company headquartered in stamford , connecticut .
* patriot national bancorp achieves record full year pre - tax income of $ 7 . 0 million - its strongest full year operating performance ever recorded
some companies that are related to patriot national bancorp include smartfinancial ( smbk ) , ames national ( atlo ) , mbt financial ( mbtf ) , shore bancshares ( shbi ) , pacific mercantile bancorp ( pmbc ) , midsouth bancorp ( msl ) , fidelity d & d ; bancorp ( fdbc ) , lcnb ( lcnb ) , united security bancshares ( ubfo ) , california first national bancorp ( cfnb ) , northwest bancorp ( nbct ) , dnb financial corp common stock ( dnbf ) , cbb bancorp inc / sh ( cbbi ) , heartland banccorp ( hlan ) and old point financial ( opof ) .
we provide 10 years stock price data for free . you can download patriot national bancorp stock price history here . historical stock prices are provided with the open , high , low , close , volume , and patriot national bancorp p / e ratio data for the stock . the patriot national bancorp stock price history chart shows that the stock price was at a low of $ 9 . 7 on jan 28 , 2014 over the last five years .
unless otherwise indicated , the address of each shareholder is in care of patriot national bancorp , inc . , 900 bedford street , stamford , ct 06901 .
hana small business lending , inc . , a wholly owned subsidiary of hana financial , inc . , and patriot national bancorp , inc . , the parent company of patriot bank , n . a .
patriot national bancorp inc . ( pnbk ) ex - dividend date scheduled for may 16 , 2018 5 / 15 / 2018 9 : 00 : 05 am - urltoken news
patriot national bancorp inc . ( pnbk ) ex - dividend date scheduled for february 09 , 2018 2 / 8 / 2018 10 : 00 : 06 am - urltoken news
patriot national bancorp inc . ( pnbk ) ex - dividend date scheduled for november 08 , 2017 11 / 7 / 2017 10 : 00 : 03 am - urltoken news
patriot national bancorp ( nasdaq : pnbk ) posted its quarterly earnings data on friday , may , 4th . the bank reported $ 0 . 27 earnings per share for the quarter , missing the zacks ' consensus estimate of $ 0 . 33 by $ 0 . 06 . the bank had revenue of $ 7 . 39 million for the quarter . patriot national bancorp had a net margin of 9 . 48 % and a return on equity of 6 . 14 % . view patriot national bancorp ' s earnings history .
nexpoint residential trust , inc . , patriot bank na ( stamford , connecticut ) , patriot national bancorp , inc . , arc property trust , inc . , housing authority of new york , st . francis college
i have reviewed this amendment no . 1 to annual report on form 10 - k for the fiscal year ended december 31 , 2016 of patriot national bancorp , inc . ;
patriot national bancorp continues earnings momentum , first quarter 2018 net income increases to $ 1 . 1 million ; total assets up 12 % ; announces key additions to management team ; declares quarterly dividend
neilson joined patriot’s board in 2010 when the bank’s parent company , patriot national bancorp , took about $ 50 million in recapitalization after net losses of $ 7 . 1 million in 2008 and $ 23 . 9 million in 2009 . he became patriot’s president and ceo three years later .
on january 9 , 2012 , m & a advisory named patriot national bancorp , inc . and solaia capital advisors llc as finalists for the 6th annual 2012 middle market turnaround of the year award .
* patriot national bancorp continues earnings momentum , first quarter 2018 net income increases to $ 1 . 1 million ; total assets up 12 % ; announces key additions to management team ; declares quarterly dividend
patriot national bancorp ' s mailing address is 900 bedford street , stamford ct , 06901 . the bank can be reached via phone at 203 - 324 - 7500 or via email at [ email protected ]
stamford , conn . , sept . 28 , 2015 ( globe newswire ) - - patriot national bancorp , inc . (
patriot
or the
company
) ( nasdaq : pnbk ) , the parent company of patriot national bank ( the
bank
) , today announced that effective monday , september 28 , 2015 , the bank ' s name will officially be changed to
patriot bank , n . a .
patriot national bancorp announced a quarterly dividend on friday , may 4th . shareholders of record on thursday , may 17th will be paid a dividend of $ 0 . 01 per share on tuesday , may 22nd . this represents a $ 0 . 04 dividend on an annualized basis and a yield of 0 . 20 % . the ex - dividend date is wednesday , may 16th . view patriot national bancorp ' s dividend history .
the competition to increase market share in new haven county for both patriot national and bankwell is likely to continue , he said .
stamford , conn . , may 11 , 2018 - - patriot national bancorp , inc . , the parent company of patriot bank , n . a . announces that it has completed its acquisition of prime bank . the closing of the transaction , which . . .
chairman of the board and interim chief executive officer of patriot and patriot bank , n . a .
executive vice president and chief compliance & risk officer of patriot and patriot bank , n . a .
after reading patriot national bancorp inc’s ( nasdaq : pnbk ) most recent earnings announcement ( 31 december 2017 ) , i found it useful to look back at how the company has performed in the pastread more . . .
patriot national bancorp inc . published this content on 09 june 2017 and is solely responsible for the information contained herein . distributed by public , unedited and unaltered , on 09 june 2017 14 : 13 : 27 utc .
patriot national bancorp inc . published this content on 01 february 2017 and is solely responsible for the information contained herein . distributed by public , unedited and unaltered , on 01 february 2017 15 : 56 : 06 utc .
patriot national bancorp , inc . is the bank holding company of patriot national bank . the bank is an independent bank engaged in substantially all of the business operations customarily conducted by independent commercial banks . the bank offers a range of consumer and commercial banking services with anemphasis on serving the needs of individuals , small and medium - sized businesses and professionals .
what : patriot national bancorp , inc . ( nasdaq : pnbk ) and patriot bank , n . a . , a regional community and commercial bank headquartered in stamford , connecticut with full service branches in connecticut and new york , will visit the nasdaq marketsite in times square .
holdings infused more than $ 50 million in patriot in late 2010 to effect a turnaround recapitalization , rescuing patriot from imminent failure . the turnaround strategy was successful in restoring regulatory compliance , credit quality , financial health , and profitability , transforming patriot to a healthy banking institution . patriot ' s recovery has been led by acclaimed banking veteran kenneth neilson , as patriot ' s current president and ceo . castle creek ' s investment in holdings does not impact the capitalization of patriot national bancorp , inc .
stamford , conn . and orange , conn . , april 12 , 2018 - - patriot national bancorp , inc . , the parent company of patriot bank , n . a . , and prime bank , headquartered in orange , ct , announced that they have received . . .
stamford , conn . and orange , conn . , aug . 02 , 2017 ( globe newswire ) - - patriot national bancorp , inc . ( “patriot” or the “bancorp” ) ( nasdaq : pnbk ) , the parent company of patriot bank , n . a . ( the “bank” ) , and prime bank headquartered in orange , ct ( “prime” ) ( pmhv : us ) jointly announced the signing of a definitive merger agreement pursuant to which patriot will acquire prime . the acquisition will expand patriot’s community banking presence and footprint in southern connecticut .
hour photo / alex von kleydorff wall st . theater developer frank farricker talks about whats next for the project and the upcomming street party with l - r patriot national bank executive vice president richard a . muskus jr . and patriot national bank president and ceo kenneth t . neilson
chairman of the board of directors and interim chief executive officer of patriot and patriot bank , n . a .
patriot national bancorp , inc . is a one - bank holding company for patriot bank , n . a . ( the bank ) , a national banking association . the bank offers consumer and commercial deposit accounts , such as checking , interest - bearing negotiable order of withdrawal ( now ) account , money market , time certificates of deposit , savings , certificat . . . ( more )
patriot national bancorp inc ( nasdaq : pnbk ) is trading with a trailing p / e of 21 . 8x , which is higher than the industry average of 17 . 1x . while this makes pnbk appear like a stockread more . . .
stamford , conn . , may 04 , 2018 - - patriot national bancorp , inc . , the parent company of patriot bank , n . a . , today announced quarterly pre - tax earnings of $ 1 . 4 million and quarterly net income of $ 1 . 1 million , . . .
on september 28 , 2015 , patriot national bancorp , inc . was named a sandler o’neill small bank sm - all - star by investment and advisory firm sandler o ' neill and partners . patriot was the only bank in new england to earn this distinction among the 435 publicly traded banks and thrifts evaluated .
in june 2004 , patriot national bancorp , inc . was named one of the 25 best public companies in connecticut by the hartford courant newspaper . the ranking was based on profits , growth , shareholders return , revenue increase and change in employment level .
joining patriot national posed a new challenge for the longtime banker . patriot suffered during the recession , paying off 529 loans totaling $ 336 million . in trying to turn things around , neilson looked at patriot’s biggest liabilities and the bank paid down its high - cost borrowings .
stamford , conn . - based community bank patriot national bancorp said it will close four of 19 branches and has sold $ 65 million in non - performing loans and real estate to es ventures one , in a bid to restore the lender to improved fiscal health .
in october , pnbk holdings , an entity led by investor michael carrazza , completed a deal to recapitalize patriot national , infusing the bank with $ 50 million .
patriot bank ' s new identity comes at a time when the bank is achieving profitability and positive earnings growth resulting from a sharp focus on our products and services at the community level ,
said michael carrazza , chairman of patriot bancorp , inc . and patriot bank , n . a .
about patriot national bancorp patriot national bancorp , inc . is headquartered in stamford , connecticut and the bank has full service branches in connecticut and new york . since opening its doors in 1994 , the company’s mission has been to serve our local communities by helping our neighbors and neighborhood businesses thrive . all lending is handled locally and is specific to each borrower , and the commitment to local businesses goes further to connect , support and grow businesses in both the for - profit and nonprofit sectors , along with municipalities . patriot believes a well - connected community is a strong community—and that together , all will prosper .
patriot national bank 900 bedford street stamford , ct 06901 william c . gray evp & cfo 203 251 - 8210 michael a . carrazza chairman 203 - 251 - 8230
national commerce corporation ( nasdaq : ncom ) ( “ncc” ) , the parent company of national bank of commerce ( “nbc” ) , headquartered in birmingham , alabama , and patriot bank , headquartered in trinity , florida , jointly announced the signing of a definitive agreement providing for the merger of patriot bank with and into nbc . read more »
ken neilson thought he had retired after transforming a small new jersey bank . a few years later , stamford - based patriot national bank asked him to do it again .
stamford , conn . , feb . 26 , 2013 ( globe newswire ) - - patriot national bancorp , inc . ( nasdaq : pnbk ) (
patriot
) , the parent of patriot national bank ( the
bank
) , today announced the appointment of kenneth t . neilson as president and chief executive officer of both the company and the bank effective march 18 , 2013 , pending regulatory approval . this is following the departure of christopher maher , who is resigning as president , ceo and director for personal reasons .
on september 28 , 2015 , the hearst connecticut newspapers and greenwich sentinel reported that patriot national bank has dropped its middle name to reflect the company’s focus on local banking services .
patriot anticipates that prime’s branch staff will join patriot to assist in a seamless transition and continue to help drive growth efforts and customer satisfaction .
patriot bank ' s new name better reflects what our customers and neighbors have depended upon since 1994—a trusted and involved community bank ,
said kenneth neilson , president and chief executive officer of patriot bancorp , inc . and patriot bank , n . a .
patriot bank is a proven entity for serving the financial needs of customers , businesses , nonprofits and government sector in our communities .
on february 7 , 2016 , patriot national bancorp , inc . expanded its stock ownership family by granting each of its employees , as of december 31 , 2015 , 100 shares of stock , ensuring that they have an even greater incentive in the success of the bank and exceeding its customer expectations .
in honor of the occasion , michael carrazza , chairman and chief executive officer , will ring the closing bell . he is credited with the rescue and turnaround of patriot national bancorp , inc . , following the global financial crisis , and is ceo of solaia capital advisers , an investment management company .
mr . raymond b . smyth is independent director of patriot national bancorp inc . , he has served as our director from november 2008 until 2010 and since 2011 . he is a retired partner in the accounting firm of masotti & masotti . in addition , he is a cpa and a financial expert .
the proposed acquisition of prime is the latest move in an ongoing competition in the southern connecticut market between patriot national and another fairfield county bank , bankwell financial group , according to carusone .
patriot national bank expanded its geographical footprint in 2006 , when it purchased a branch office and opened two new branch offices in new york , helping it to expand into new york state .
as the bank continued its evolution , patriot national statutory trust i was founded on march 11 , 2003 to issue trust preferred securities and invest the proceeds in subordinated debentures issued by the company .
farricker and wall street theater co . officials credit patriot national bank , which has a branch on river street , for providing a $ 5 . 2 million construction loan to restore the historic theater .
stockholders may recommend individuals to the nominating and corporate governance committee of the board of directors for consideration as potential director candidates by submitting their names , together with appropriate biographical information and background materials , to the nominating committee , c / o corporate secretary , patriot national bancorp , inc . , 900 bedford street , stamford , connecticut 06901 .
stamford , conn . , july 17 , 2017 ( globe newswire ) - - patriot national bancorp , inc . ( “patriot” or the “bancorp” ) ( nasdaq : pnbk ) , the parent company of patriot bank , n . a . ( the “bank” ) , today announced its intention to begin making quarterly dividends for shareholders of the community bank’s stock , another sign of its continuing strong performance . with this announcement , patriot has declared its first quarterly dividend of $ . 01 per share . the record date for this quarterly dividend will be july 24 , 2017 , with a dividend payment date of august 1 , 2017 . this is the first time since the financial crisis that the bank has declared a dividend .
hour photo / alex von kleydorff wall st . theater developer frank farricker talks about whats next for the project and the upcomming street party with l - r patriot national bank executive vice president richard a .
patriot national bank is headquartered in stamford , connecticut and currently has 11 full service branches , 9 in connecticut and two in new york . it also has a loan production office in stamford , ct .
full terms of the deal were not released , but the acquisition will be paid for in cash , according to patriot national officials . the deal is subject to approval by prime’s shareholders and banking regulators .
executive vice president and chief credit officer of patriot bank , n . a .
exec . vp & chief credit officer of patriot bank , n . a .
in august , patriot announced private equity firm castle creek capital invested in the bank . that influx will help patriot with its goal to grow aggressively , neilson said .
patriot names bank president richard muskus , jr . to company ' s board of directors
patriot bank has eight branches in connecticut and two in westchester county , new york .
patriot national bancorp , inc . ( pnbk ) , the parent company of patriot bank , n . a . ( “patriot” ) announced today that it has completed the private placement of $ 10 million in fixed - to - floating rate subordinated notes due 2028 ( the “notes” ) . a material portion of the proceeds from the sale of the notes will be down - streamed to patriot as regulatory capital , which will be used for financing of its pending acquisition and for general corporate purposes . patriot’s chairman and ceo , michael carrazza , stated , “we are pleased to announce the completion of our $ 10 million subordinated debt offering to support our strategic growth plans and further strengthening of patriot . ” patriot recently acquired prime bank of orange , ct and , subject to requisite regulatory approvals , will complete its acquisition of hana small business lending , a leading sba lending platform later in 2018 .
bancorp ' s significant accounting policies are described in note 1 to the consolidated financial statements included in this 2014 annual report on form 10 - k .
patriot national bancorp is a bank holding company . through its subsidiary , co . provides commercial real estate loans , commercial business loans and consumer loans . in addition , consumer and commercial deposit accounts provided include checking , money market , time certificates of deposit , savings , certificate of deposit account registry service , individual retirement accounts and health savings accounts . other services include automated clearing house transfers , lockbox , internet banking , bill paying , remote deposit capture , debit cards , money orders , traveler ' s checks and automatic teller machines . at dec 31 2016 , co . had total assets of $ 756 . 7 million and total deposits of $ 529 . 3 million . according to our pnbk split history records , patriot national bancorp has had 1 split .
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president and director ; president and chief lending officer of patriot bank , n . a .
carrazza , a former goldman sachs executive , stepped in with an investor group and recapitalized patriot national with $ 60 million . then carrazza and his fellow investors bought out the bank shareholders “for pennies on the dollar , ” according to carusone .
in a merger of two banks with a similar focus on personal service and community involvement , valley national bancorp ( “valley” ) ( nyse : vly ) announced today that it is expanding its florida presence and moving into alabama by acquiring usameribancorp , inc . ( “usab” ) ( otc pink : usab ) . read more »
“this acquisition ( of prime bank ) is a modest expansion for them , ” carusone said of patriot national . “it doesn’t appear that they are overpaying for it . they clearly recognized they were running out of room to grow in fairfield county . ”
president and director of the company and president and chief lending officer of patriot bank , n . a .
connecticut - based norwalk hour chronicled patriot bank’s financing of the $ 7 . 5 million wall street theater restoration project on september 25 , 2015 . listed in the national register of historic places , the 100 - year old former vaudeville theater is being restored as a next - generation performance space that , in early 2016 , will open debt free as a result of patriot’s efforts .
the sale requires the approval of patriot’s banking regulator and is expected to close before the end of the month .
secretary and chief human resources officer ; executive vice president and chief administrative officer of patriot bank , n . a .
patriot national officials said prime shareholders will receive aggregate cash payment equal to 115 percent of prime’s tangible book value as of the deal’s closing date , which is expected to occur sometime in the fourth quarter of this year . prime bank’s tangible book value as of june 30 was approximately $ 9 million .
mr . michael j . weinbaum is independent director of patriot national bancorp inc . , he has been the vice president of real estate operations for united capital corp . for more than twenty years . mr . weinbaum has extensive experience in real estate operations and transactions . he is a member of the international council of shopping centers and has been a member of united capital’s board of directors since 2005 . mr . weinbaum currently serves on the finance board and board of trustees for st . mary’s healthcare for children .
richard muskus jr . , patriot’s president , added , ” the acquisition will enable patriot bank to expand its consumer and small business relationships , lending operations , and community presence , while offering prime’s current customers a broader suite of products . ”
stamford , conn . , aug . 31 , 2015 ( globe newswire ) - - pnbk holdings llc (
holdings
) , the control shareholder of patriot national bancorp , inc . ( nasdaq : pnbk ) (
patriot
) , today announced that it has closed on an investment from castle creek capital llc and certain of its affiliates ( collectively ,
castle creek
) , whereby castle creek joins other institutional investors of pnbk holdings .
we are pleased to have castle creek join our investor group ,
said michael carrazza , who is chairman of patriot and oversees holdings .
it is validation of both our progress and strategic intentions . their deep expertise and experiences in the banking sector is constructive to our go forward strategy .
mr . david christiansen is executive vice president & chief credit officer of patriot bank . , a subsidiary of the company . prior to joining patriot , mr . christiansen was executive vice president & chief credit officer of first american international bank of new york since january 2017 . mr . christiansen’s leadership of credit administration , credit risk management , underwriting , closing , loan servicing and portfolio management is a strong match for his new role at patriot . he previously held senior roles at national cooperative bank , credit agricole and jpmorgan chase from 2006 to 2016 .
in 2011 , the company adopted the patriot national bancorp , inc . 2012 stock plan ( the 2012 plan ) . the 2012 plan is administered by the compensation committee of the companys board of directors . grants under the 2012 plan may be made in the form of stock options , restricted stock and phantom stock units . the 2012 plan authorizes 3 , 000 , 000 shares of the companys common stock for issuance . phantom stock units may be granted under the 2012 plan up to 1 , 000 , 000 units .
patriot chairman and ceo michael carrazza stated , “the acquisition of prime bank will support our operating goals of extending patriot bank’s footprint , building scale , and improving key operating metrics , all of which ultimately adds value for our shareholders and customers . ”
under neilson’s leadership , the bank reshaped its community focus , presence and commitment to provide commercial and consumer banking services in the areas it serves . as part of that effort , patriot announced its new name “patriot bank” on september 28 , 2015 .
executive vice president and chief financial officer ; executive vice president and chief financial officer of patriot bank , n . a .
mr . nelson joined triumph in 2013 and serves as executive vice president , general counsel of triumph bancorp , inc . ( nasdaq : tbk ) and executive vice president , general counsel of tbk bank , ssb .
in a written statement , patriot bank chairman michael carrazza said the new identity reflects the company’s focus on local products and services .
patriot bank already has a branch office in milford . but it is the stamford - based bank’s only new haven county location , so the acquisition of prime bank , which has only one branch , will increase patriot bank’s presence in southwestern new haven county .
in another money - saving move , neilson relocated the corporate offices in stamford from summer street to patriot’s building on bedford street .
more than 40 u . s . bank managers have received esgr patriot awards since 2013 for supporting their employees ' military commitments .
the annual report on form 10 - k ( the annual report ) of patriot national bancorp , inc . ( patriot , we , our , us , or the company ) for the year ended december 31 , 2016 , was originally filed with the securities and exchange commission ( the sec ) on march 31 , 2017 , and this amendment no . 1 is being filed solely to include responses to the items required by part iii of the annual report . this amendment no . 1 does not reflect events occurring after march 31 , 2017 , the date of the filing of the annual report , or modify or update those disclosures that may have been affected by subsequent events .
patriot national bank gave two loans to a nonprofit renovating the 100 - year - old wall street theater in norwalk . after facing rejection from other banks , the nonprofit received a pre - development loan of $ 500 , 000 and a $ 5 . 2 million loan for construction , said frank farricker , a developer with the project .
secretary , chief human resources officer of the company and executive vice president and chief administrative officer of patriot bank , n . a .
neilson has served as a director of patriot since 2010 . he is the retired president , chairman and ceo of hudson united bank and hudson united bancorp where he served for 23 years . after becoming president and ceo in 1989 , mr . neilson led hudson united bancorp from a one state , 15 branch network with $ 500 million in assets , to a premiere franchise spanning four states with over 200 branch locations and an asset size of $ 9 billion by 2006 when it was sold to td banknorth . mr . neilson currently serves as a board member of quinnipiac university in hamden , ct .
prior to joining patriot , neilson was ceo of hudson united bancorp in mahwah , n . j . , which he expanded from 15 branches and about $ 500 million in assets to more than 200 branches , including in connecticut and new york , and $ 9 billion in assets . hudson united sold to td banknorth for $ 2 billion in 2006 and neilson retired .
in connection with the annual report of patriot national bancorp , inc . ( the  company  ) on form 10 - k / a for the year ended december 31 , 2016 as filed with the securities and exchange commission on the date hereof ( the  report  ) , we , michael a . carrazza and joseph d . perillo , the interim chief executive officer and the chief financial officer of the company , certify , pursuant to 18 u . s . c . § 1350 , as adopted pursuant to § 906 of the sarbanes - oxley act of 2002 , that :
when a company such as patriot national bancorp conducts a reverse share split , it is usually because shares have fallen to a lower per - share pricepoint than the company would like . this can be important because , for example , certain types of mutual funds might have a limit governing which stocks they may buy , based upon per - share price . the $ 5 and $ 10 pricepoints tend to be important in this regard . stock exchanges also tend to look at per - share price , setting a lower limit for listing eligibility . so when a company does a reverse split , it is looking mathematically at the market capitalization before and after the reverse split takes place , and concluding that if the market capitilization remains stable , the reduced share count should result in a higher price per share . looking at the pnbk split history from start to finish , an original position size of 1000 shares would have turned into 100 today . below , we examine the compound annual growth rate — cagr for short — of an investment into patriot national bancorp shares , starting with a $ 10 , 000 purchase of pnbk , presented on a split - history - adjusted basis factoring in the complete pnbk split history .
“the acquisition of prime bank will support our operating goals of extending patriot bank’s footprint , building scale , and improving key operating metrics , all of which ultimately adds value for our shareholders and customers , ” michael carrazza , patriot chairman and chief executive officer , said in a statement .
patriot national bancorp , inc . operates as a bank holding company . through its subsidiary , it offers consumer and commercial banking services to individuals , government , nonprofit entities , small and medium - sized businesses , and professionals . the firm ' s deposit products include checking accounts , negotiable order of withdrawal accounts , time certificates of deposit , savings accounts , individual retirement accounts and health savings accounts . its lending portfolio comprises of commercial mortgage and construction loans ; working capital loans ; equipment loans ; real estate loans ; and other personal loans . the company was founded in 1999 and is headquartered in stamford , ct .
we are excited to join holdings ' investor group and be part of patriot ' s promising future ,
said john eggemeyer , managing principal of castle creek capital llc .
we have a shared vision of seeing patriot ' s franchise value grow and creating value for its shareholders .
patriot national bank is a full - service commercial bank , offering personal and business banking products and services . it offers various deposit products , including checking , money market , certificates of deposit , and statement savings accounts . it also offers various commercial loans , including accounts receivable , commercial real estate , debt consolidation , working capital , small business administration , facility construction and expansion loans , various letters of credit , and equipment and inventory financing . the bank also offers financial and investment services , brokerage services , mortgage loans , insurance services , and atm and visa check and credit cards . it also provides online banking and bill pay facilities . patriot national bank has branches in stamford , greenwich , norwalk , wilton , darien and southport , conn .
due to the recent equifax breach , patriot bank decided to proactively put valuable information on our website for our customers . please see the attached document .
' patriot is proud to have experienced such positive growth in the demand for our products and services . our expanded leadership , retail and branch management teams will help us better serve our individuals , small business , nonprofit and municipal customers , ' said fred staudmyer , patriot bank executive vice president & chief administrative officer .
patriot national bancorp is a bank holding company . through its subsidiary , co . provides commercial real estate loans , commercial business loans and consumer loans . in addition , consumer and commercial deposit accounts provided include checking , money market , time certificates of deposit , savings , certificate of deposit account registry service , individual retirement accounts and health savings accounts . other services include automated clearing house transfers , lockbox , internet banking , bill paying , remote deposit capture , debit cards , money orders , traveler ' s checks and automatic teller machines . at dec 31 2016 , co . had total assets of $ 756 . 7 million and total deposits of $ 529 . 3 million .
news headlines about pnbk stock have trended somewhat positive on monday , according to accern sentiment . accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time . accern ranks coverage of publicly - traded companies on a scale of - 1 to 1 , with scores closest to one being the most favorable . patriot national bancorp earned a daily sentiment score of 0 . 16 on accern ' s scale . they also gave headlines about the bank an impact score of 45 . 65 out of 100 , indicating that recent news coverage is somewhat unlikely to have an impact on the company ' s share price in the next few days .
during the fourth quarter of 2014 , bancorp ' s bank owned life insurance (
boli
) policy of $ 22 . 4 million was liquidated and adjustable rate residential mortgage loans were purchased with the proceeds . the loans purchased had a composite yield of approximately 300 basis points higher than the existing crediting rate on the boli policy . in addition , the tax - exempt feature of the boli held no value for bancorp due to the significant amount of net operating loss (
nol
) carry forwards in the company ' s deferred tax assets .
the turnaround plan also included assessing and renegotiating every contract and reviewing the bank’s business lines . patriot stopped residential lending because competitors could be more efficient , neilson said .
fidelity national financial , inc . today announced that fnfv group ( nyse : fnfv ) has signed a definitive agreement to sell one digital health and benefits (
one digital
) for $ 560 million in an all - cash transaction . read more »
it ' s the hundredth anniversary of the theater and it ' s right in norwalk , and we have a branch in norwalk and a second branch right on the border of norwalk and darien ,
said kenneth t . neilson , patriot national bank president & ceo .
norwalk is undergoing a great revitalization and we want to play a significant part in that and this was an opportunity to start doing that .
mr . edward n . constantino is independent director of patriot national bancorp inc . he has over 40 years of audit , advisory and tax experience working for two major accounting firms , arthur anderson llp and kpmg llp . mr . constantino retired from kpmg in late 2009 , where he was an audit partner in charge of the firm’s real estate and asset management businesses . mr . constantino is a member of the board of directors of arc property trust and a member of the board and audit committee chair of nexpoint residential trust . mr . constantino also serves as a consultant for the law firm of skadden arps . mr . constantino’s specific skills include auditing national and multinational organizations , internal control and compliance , financial reporting , regulatory reporting , risk management , asset valuation , accounting and finance and transaction structuring . he is a licensed cpa , a member of the american institute of certified public accountants and a member of the new york state society of public accountants . he is currently a member of the board of trustees and the audit committee .
ceo michael carrazza stated : “patriot’s improving performance is a direct result of ongoing operational efficiencies , product diversification and asset growth . these changes continue to yield a positive impact , which now serve as a catalyst to reactivate the bank’s dividend policy for the first time since 2008 . ” patriot has 3 , 894 , 128 shares outstanding as of june 30 , 2017 .
john carusone , president of the bank analysis center , a hartford - based industry consulting firm , said the acquisition of prime continues patriot bank’s rise from near financial ruin in 2010 .
u . s . bank is an equal opportunity employer committed to creating a diverse workforce . we consider all qualified applicants without regard to race , religion , color , sex , national origin , age , sexual orientation , gender identity , disability or veteran status , among other factors .
the head of private investment firm solaia capital advisors , mr . carrazza designed and led the recapitalization transaction to rescue and turnaround patriot , which became deeply troubled during the financial crisis . “patriot has never been as strong and healthy as it is today . with continued steady growth and new achievements , we plan to continue declaring quarterly dividends to our shareholders , ” he added .
[ attachment ] patriot bank unveiled its newest live banker atm technology at the westfield trumbull mall on june 5 , the first community bank in connecticut to offer this banking technology and service .
on october 7 , 2015 , patriot bank celebrated the dedication of a new branch in darien , ct , which includes a community event center with teleconferencing capabilities and a private bank atmosphere .
patriot bank is a full - service bank with a focus on community service . the bank serves the growing markets of shelby county , tipton county and west fayette county with a wide range of consumer and commercial accounts and a mortgage division . patriot bank opened in millington in october 2001 and has grown to six full service banks in millington , collierville and barretville in shelby county , and covington , covington south and south tipton in tipton county . patriot bank mortgage serves shelby , fayette and tipton counties , with offices located in millington , collierville and south tipton county .
angelica gonzalez , retail operations assistant - gonzalez joined patriot bank in 2013 while pursuing a degree at housatonic community college . upon graduating , she served as one of the bank ' s first live bankers for the itms and helped establish video banking procedures . she has now joined the bank ' s retail operations team , where she will help develop policies and procedures for patriot ' s branch network .
jeremy newton , service associate in greenwich - newton joins patriot bank with a local banking and customer service background , providing quality customer service and building community relationships at the bank ' s greenwich branch .
in 2013 , we received the prestigious secretary of defense employer support freedom award from the employer support of the guard and reserve ( esgr ) organization . this is the highest honor given by the u . s . government to employers for outstanding support of employees who serve in the national guard and reserve .
bancorp ' s total assets increased $ 91 . 4 million , or 16 . 9 % , from $ 541 . 2 million at december 31 , 2013 to $ 632 . 6 million at december 31 , 2014 as generation of income and recognition of the majority of the bank ' s deferred tax asset enabled the bank to grow capital and assets .
at the end of the 2016 fiscal year , patriot surpassed the three quarters of a billion - dollar milestone , with strong growth continuing into 2017 . in the first fiscal quarter of 2017 , patriot reported net income of $ 1 , 730 , 000 , or $ 0 . 44 per diluted share , a 165 % increase over the prior year . first quarter earnings also increased 66 % over the prior quarter .
the preparation of consolidated financial statements in accordance with u . s . generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets , liabilities , revenues and expenses , and to disclose contingent assets and liabilities . actual results could differ from those estimates . management has identified accounting for the allowance for loan losses , the analysis and valuation of its investment securities and the valuation of deferred tax assets , as bancorp ' s most critical accounting policies and estimates in that they are important to the portrayal of bancorp ' s financial condition and results . they require management ' s most subjective and complex judgment as a result of the need to make estimates about the effect of matters that are inherently uncertain .
patriot bank , n . a . has announced the hiring and promotion of 21 individuals throughout the region , including 19 bankers and two support staff members , another sign of the community bank ' s continuing growth .
the modern atms , which appear as if inside a london - style telephone booth , allow users to interact live with a patriot relationship banker for a customized experience , as well as providing extended service hours for patrons .
patriot plans to have live banker atms located throughout fairfield county , all available from 7 a . m . - 7 p . m . beyond those hours , the machines can also function similarly to traditional customer atms .
while patriot may not be the first bank to roll out new technologies , neilson said it will not be far behind with those offerings . soon it will offer atms with an option to speak with a live banker .
because patriot only has about 0 . 1 percent of market share , the bank could grow 10 times over and barely get noticed , but still helps many customers and employees and provides returns to investors , he said .
since opening its doors in 1994 , patriot’s mission has been to serve its local communities by helping its neighbors and neighborhood businesses thrive . all lending is handled locally and is specific to each borrower , and the commitment to local businesses goes further to connect , support and grow businesses in both the for - profit and nonprofit sectors , along with municipalities . patriot believes a well - connected community is a strong community—and that together , all will prosper .
since opening its doors in 1994 , patriot’s mission has been to serve our local communities by helping our neighbors and neighborhood businesses thrive . all lending is handled locally and is specific to each borrower , and the commitment to local businesses goes further to connect , support and grow businesses in both the for - profit and nonprofit sectors , along with municipalities . patriot believes a well - connected community is a strong community—and that together , all will prosper .
one example is patriot bank’s funding for the restoration of norwalk , connecticut’s century - old wall street theater . listed in the national register of historical places , the former globe theater opened in 1915 as a vaudeville theater hosting some of the largest names in american entertainment at the time , including : mary pickford , john barrymore , lillian and dorothy gish , john philip sousa and more . the wall street theater is the linchpin of a major inner - city redevelopment in norwalk’s wall street historic district and is expected to attract tens of thousands of visitors when it opens in late 2016 .
the new name reflects patriot ' s community focus , presence and commitment to provide commercial and consumer banking services in the areas and region it serves , including fairfield and new haven counties in connecticut and westchester county in new york .
the name change comes after patriot has reported eight consecutive quarters of increased earnings , most recently in the second fiscal quarter ending june 30 , 2015 , when it continued to show growth in both net income and shareholders ' equity .
post - gfc recovery has led to improving credit quality and a strong growth environment for the banking sector . as a small - cap bank with a market capitalisation of usd $ 69 . 98m , patriot nationalread more . . .
statements in this earnings release that are not historical facts are considered to be forward - looking statements . such statements include , but are not limited to , statements regarding management beliefs and expectations , based upon information available at the time the statements are made , regarding future plans , objectives and performance . all forward - looking statements are subject to risks and uncertainties , many of which are beyond management ' s control and actual results and performance may differ significantly from those contained in forward - looking statements . bancorp intends any forward - looking statement to be covered by the litigation reform act of 1995 and is including this statement for purposes of said safe harbor provisions . readers are cautioned not to place undue reliance on forward - looking statements , which speak only as of the date of this news release . bancorp undertakes no obligation to update any forward - looking statements to reflect events or circumstances that occur after the date as of which such statements are made . a discussion of certain risks and uncertainties that could cause actual results to differ materially from those contained in forward - looking statements is included in bancorp ' s annual report on form 10 - k for the year ended december 31 , 2011 .