{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-039075","form_type":"8-K","ticker":"PNBK","cik":"0001098146","company_name":"PATRIOT NATIONAL BANCORP INC","filed_at":"2025-12-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.789267+00:00","generated_at":"2026-05-16T11:52:49.448119+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Patriot National Bancorp raises ~$100M in equity, begins restructuring; targets profitability in 2026","bullets":["Raised nearly $100M in common equity in 2025; Tier 1 capital ratio >18% as of Sept 30, 2025.","Hired new CEO, CFO, CRO, and other senior leaders; added seven new directors to board.","Launched new loan programs: CRE, HNW lines of credit, secured rediscount lines; closed >$100M in loans.","Deposit costs fell from 3.7% to 3.25% in 2025; returned to profitability in latter part of 2025.","Targets consolidated profitability in 2026; long-term goals: NIM >3.5%, ROAA >1.2%, ROTCE >15%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-039075","json":"https://secwatch.observer/filing/0001437749-25-039075.json","markdown":"https://secwatch.observer/filing/0001437749-25-039075.md","text":"https://secwatch.observer/filing/0001437749-25-039075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1098146/000143774925039075/0001437749-25-039075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1098146/000143774925039075/pnbk20251231_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:52:49.448119+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}