{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-005275","form_type":"8-K","ticker":"PNBK","cik":"0001098146","company_name":"PATRIOT NATIONAL BANCORP INC","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.137339+00:00","generated_at":"2026-06-11T09:59:33.804850+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Patriot National Bancorp Q2 net loss $546K vs $1.3M profit a year ago","bullets":["Net loss of $546K ($0.14 diluted loss per share) in Q2 2023 vs net income of $1.3M ($0.32 EPS) in Q2 2022.","Provision for credit losses of $1.2M in Q2 and $2.6M in H1 2023, up from $275K in prior year period.","Total loans grew to $930.7M (6% increase from prior quarter); total assets reached $1.2B as of June 30, 2023.","Net interest margin fell to 2.96% in Q2 2023 from 3.29% in Q1 2023 and 3.27% in Q2 2022.","CEO cites investments in Digital Payments Division; near-term focus on credit quality and expense management."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-005275","json":"https://secwatch.observer/filing/0001171843-23-005275.json","markdown":"https://secwatch.observer/filing/0001171843-23-005275.md","text":"https://secwatch.observer/filing/0001171843-23-005275.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1098146/000117184323005275/0001171843-23-005275-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1098146/000117184323005275/f8k_081123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T09:59:33.804850+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"31984687a9d12ef4d992211c2f9632cd20b087a0","claim":"PATRIOT NATIONAL BANCORP INC reported the quarter ended June 30, 2023 results: net income net loss of $546 thousand, or $(0.14) basic and diluted loss per share, EPS $(0.14) basic and diluted loss per share.","evidence_excerpt":"On August 11, 2023, Patriot National Bancorp, Inc. (the “Company”) issued a press release, a copy of which is attached hereto as Exhibit 99.1, regarding its earnings for the quarter ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1098146/000117184323005275/0001171843-23-005275-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Net income","value":"net loss of $546 thousand, or $(0.14) basic and diluted loss per share"},{"label":"EPS","value":"$(0.14) basic and diluted loss per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"beb8d97c5ac0d7c07f2c588edf2bc63979cfec5b","claim":"PATRIOT NATIONAL BANCORP INC reported the six months ended June 30, 2023 results: net income net loss was $599 thousand, or $(0.15) basic and diluted loss per share, EPS $(0.15) basic and diluted loss per share.","evidence_excerpt":"For the six months ended June 30, 2023, net loss was $599 thousand, or $(0.15) basic and diluted loss per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1098146/000117184323005275/0001171843-23-005275-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Net income","value":"net loss was $599 thousand, or $(0.15) basic and diluted loss per share"},{"label":"EPS","value":"$(0.15) basic and diluted loss per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}