PATRIOT NATIONAL BANCORP INC

General Patriot National Bancorp, Inc. is a Connecticut corporation and a registered bank holding company. Its primary asset is Patriot Bank, N.A., a national banking association based in Stamford, Connecticut. The company also owns Patriot National Statutory Trust I and PinPat Acquisition Corporation. Patriot Bank, N.A. is a member of the Federal Reserve System, operates under a national bank charter from the Office of the Comptroller of the Currency, and its deposits are insured by the Federal Deposit Insurance Corporation up to applicable limits. The company's common stock is listed on the Nasdaq Global Market under the symbol "PNBK." As of December 31, 2025, the company's only material operating business is the ownership and operation of Patriot Bank, N.A. The Bank began operations in 1994 and, as of December 31, 2025, operated eight branch offices, with seven in Connecticut and one in New York. Beyond its branch network, the Bank serves clients through relationship-based banking, treasury management, institutional banking, and digital banking channels. During 2025, the company transformed its capital structure, governance, management team, and business strategy, including significant capital raising transactions, debt restructuring, and changes to senior management and the Board of Directors. In January 2025, the Bank entered into a Formal Agreement with the OCC, requiring actions to strengthen capital, strategic planning, governance, risk management, and other operational aspects.