---
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"
generated_at: "2026-05-16T11:52:49.448119+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Patriot National Bancorp raises ~$100M in equity, begins restructuring; targets profitability in 2026

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-039075
- JSON: https://secwatch.observer/filing/0001437749-25-039075.json
- Plain text: https://secwatch.observer/filing/0001437749-25-039075.txt

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