{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-001434","form_type":"8-K","ticker":"PNBK","cik":"0001098146","company_name":"PATRIOT NATIONAL BANCORP INC","filed_at":"2025-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.926727+00:00","generated_at":"2026-05-27T21:52:29.073907+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Patriot National Bancorp enters OCC agreement over unsafe practices; bank now in 'troubled condition'","bullets":["OCC found unsafe/unsound practices and BSA/AML, credit, and strategic planning violations; Bank must take corrective actions.","By Feb 28, 2025, Bank must achieve minimum capital: CET1 10%, Tier1 10%, Total 11.5%, Leverage 9%.","OCC designated Bank as 'troubled condition'; prior individual minimum capital ratios terminated Jan 17, 2025.","David Finn appointed permanent CFO (effective Jan 14, 2025); previously interim CFO since Oct 2024; no compensation change.","Multiple plans (strategic, capital, BSA/AML, risk management) must be submitted to OCC within 30-90 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-001434","json":"https://secwatch.observer/filing/0001437749-25-001434.json","markdown":"https://secwatch.observer/filing/0001437749-25-001434.md","text":"https://secwatch.observer/filing/0001437749-25-001434.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1098146/000143774925001434/0001437749-25-001434-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1098146/000143774925001434/pnbk20250117_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T21:52:29.073907+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":"a25e49886f","claim":"David Finn was appointed as Chief Financial Officer at PATRIOT NATIONAL BANCORP INC.","evidence_excerpt":"Effective on January 14, 2025, David Finn was appointed as Chief Financial Officer of Patriot and the Bank.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1098146/000143774925001434/0001437749-25-001434-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}