---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-026978"
form_type: "8-K"
ticker: "PNBK"
cik: "0001098146"
company_name: "PATRIOT NATIONAL BANCORP INC"
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T22:13:09.984497+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Patriot National Bancorp Q3 net income $2.3M ($0.59 EPS); hires Tom Slater as Chief Credit Officer

## Summary
- Net income of $2.3 million, $0.59 per share, vs $1.3 million ($0.34) in Q3 2021; nine-month net income $4.4 million ($1.11).
- Total assets reached $1.1 billion with loan growth of 16.7% and deposit growth of 11.5% since Dec 31, 2021.
- Net interest margin expanded to 3.68% in Q3 2022 from 2.82% in Q3 2021; prepaid debit card program tripled to $169.1M.
- Thomas E. Slater appointed EVP and Chief Credit Officer; brings 25+ years commercial banking experience from Investors Bank and TD Bank.
- Book value per share declined to $14.66 from $17.02 due to market value drop in held-for-sale investment portfolio.

## SEC filing metadata
- accession: 0001437749-22-026978
- form_type: 8-K
- ticker: PNBK
- cik: 0001098146
- company_name: PATRIOT NATIONAL BANCORP INC
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098146/000143774922026978/0001437749-22-026978-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098146/000143774922026978/pnbk20221109_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-026978
- JSON: https://secwatch.observer/filing/0001437749-22-026978.json
- Plain text: https://secwatch.observer/filing/0001437749-22-026978.txt

## Key facts
- Executive change
  Thomas E. Slater was appointed as Executive Vice President and Chief Credit Officer at PATRIOT NATIONAL BANCORP INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Credit Officer
  source text: On November 4, 2022, Thomas E. Slater accepted the appointment to serve as Executive Vice President and Chief Credit Officer of Patriot Bank, N.A.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098146/000143774922026978/0001437749-22-026978-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.