OCC removes 'troubled condition' designation for Patriot Bank subsidiary

PATRIOT NATIONAL BANCORP INC

OCC notified Patriot Bank on July 7, 2026 that it is no longer considered 'troubled condition' under 12 U.S.C. §183li and 12 C.F.R. §5.51.
Prior 'troubled condition' designation was disclosed in the Company's 8-K filed January 21, 2025.
Termination of the related Formal Agreement between OCC and the Bank was disclosed in the 8-K filed July 1, 2026.
Removal of the designation lifts a regulatory restriction and signals improved regulatory standing.

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