secwatch.observer — SEC 8-K summary
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Issuer:     PATRIOT NATIONAL BANCORP INC (PNBK)
CIK:        0001098146
Form:       8-K
Filed at:   2023-03-07T23:59:59+00:00
Accession:  0001171843-23-001469
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patriot National Bancorp reports Q4 2022 net income $1.8M, full year $6.2M
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- Q4 net income $1.8M ($0.45 EPS); full year $6.2M ($1.56 EPS) vs $5.1M in 2021.
- Net interest margin improved to 3.77% in Q4 and 3.46% annually from 3.05% and 2.92%.
- Loan growth 14.7% and deposit growth 14.9% YoY; total assets reached $1.0B.
- Non-GAAP tangible book value per share $18.63, up from $17.08 in 2021.
- Completed refinancing of $12.0M senior debt facility in December 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098146/000117184323001469/0001171843-23-001469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098146/000117184323001469/f8k_030623.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-001469

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