secwatch.observer — SEC 8-K summary
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Issuer:     PATRIOT NATIONAL BANCORP INC (PNBK)
CIK:        0001098146
Form:       8-K
Filed at:   2026-07-13T10:01:05+00:00
Accession:  0001437749-26-023372
Event type: regulatory
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

OCC removes 'troubled condition' designation for Patriot Bank subsidiary
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098146/000143774926023372/0001437749-26-023372-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098146/000143774926023372/pnbk20260710_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-023372

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