---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-031012"
form_type: "8-K"
ticker: "PNBK"
cik: "0001098146"
company_name: "PATRIOT NATIONAL BANCORP INC"
filed_at: "2026-09-23T13:15:38+00:00"
generated_at: "2026-09-23T13:18:18.333232+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Patriot National Bancorp issues $10.0M 8.5% subordinated notes due 2036

## Summary
- Issued $10.0M aggregate principal of 8.5% Fixed-to-Floating Rate Subordinated Notes due Sept 30, 2036.
- Fixed 8.5% to Sept 2031, then resets to 3-month SOFR + 416 bps, paid quarterly.
- Notes intended to qualify as Tier 2 capital; proceeds for general corporate purposes and bank investment.
- Redeemable on/after Sept 30, 2031; subordinated to senior debt, not convertible; no sinking fund.
- Placement agent: Performance Trust Capital Partners; UMB Bank as paying agent and settlement agent.

## SEC filing metadata
- accession: 0001437749-26-031012
- form_type: 8-K
- ticker: PNBK
- cik: 0001098146
- company_name: PATRIOT NATIONAL BANCORP INC
- filed_at: 2026-09-23T13:15:38+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098146/000143774926031012/0001437749-26-031012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098146/000143774926031012/pnbk20260923_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-031012
- JSON: https://secwatch.observer/filing/0001437749-26-031012.json
- Plain text: https://secwatch.observer/filing/0001437749-26-031012.txt

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