Business Context and Reporting Period
Company: Patriot National Bancorp, Inc. (PNBK)
Filing Type: Form 8-K (Current Report)
Date of Report: July 7, 2026
Reporting Entity: Patriot Bank, N.A. (wholly-owned subsidiary)
Key Financial Metrics
This filing is a regulatory disclosure regarding the Bank's supervisory status and does not contain specific financial data such as revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
- Regulatory Status Update: The Office of the Comptroller of the Currency (OCC) notified the Bank's board that, as of July 7, 2026, the Bank is no longer considered to be in "troubled condition" under 12 U.S.C. §183li and 12 C.F.R. §5.51.
- Historical Context: The Bank was previously designated as being in "troubled condition," a status disclosed in an 8-K filed on January 21, 2025.
- Formal Agreement: The related Formal Agreement between the OCC and the Bank was terminated, as previously disclosed in an 8-K filed on July 1, 2026.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms the successful resolution of the regulatory "troubled condition" designation. No forward-looking financial guidance or specific risk factors are detailed in this document beyond the regulatory status change.
Unusual Items: The removal of the "troubled condition" designation is a significant positive development indicating improved regulatory standing.
Investor Verification Checklist
- Verify the termination of the Formal Agreement with the OCC referenced in the July 1, 2026 filing.
- Review the January 21, 2025 filing to understand the specific conditions that led to the initial "troubled condition" designation.
- Confirm the Bank's current capital adequacy and asset quality metrics in the most recent quarterly (10-Q) or annual (10-K) report to assess the financial drivers behind the regulatory improvement.