PATRIOT NATIONAL BANCORP INC

For the period ended Jun 30, 2026. Filed Aug 14, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 14, 2026

PNBK$0.88+4.5%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations (Unaudited)

	Three Months Ended June 30,		Six Months Ended June 30,
(In thousands, except per share amounts)	2026	2025	2026	2025
Interest and Dividend Income
Interest and fees on loans	$12,248	$9,103	$22,278	$19,083
Interest on investment securities	3,041	548	5,934	1,096
Dividends on investment securities	65	38	126	65
Other interest income	1,061	1,805	2,801	3,798
Total interest and dividend income	16,415	11,494	31,139	24,042
Interest Expense
Interest on deposits	7,053	6,793	14,311	14,591
Interest on FHLB, FRB and correspondent bank borrowings	95	3	188	101
Interest on senior debt	—	183	—	505
Interest on subordinated debt	310	327	607	702
Interest on note payable	—	—	—	1
Total interest expense	7,458	7,306	15,106	15,900
Net interest income	8,957	4,188	16,033	8,142
Provision for credit losses	590	1,524	409	2,257
Net interest income after credit loss provision	8,367	2,664	15,624	5,885
Non-interest Income
Loan application, inspection and processing fees	75	105	190	316
Deposit fees and service charges	172	481	478	899
(Loss) gain on sales of loans, net	(10)	(959)	(10)	(916)
Loss on sale of investment securities, net	—	—	(11)	—
Digital Payments income	2,557	2,108	5,345	3,866
Other income	294	295	342	593
Total non-interest income	3,088	2,030	6,334	4,758
Non-interest Expense
Salaries and benefits	6,338	5,242	13,158	9,753
Occupancy and equipment expense	1,118	767	2,028	1,515
Data processing expense	207	453	587	838
Professional and other outside services	2,341	1,046	3,911	2,127
Advertising and promotional expense	39	44	83	197
Loan administration and processing expense	95	13	122	117
Regulatory assessments	607	417	1,087	872
Insurance expense, net	210	140	457	210
Communications, stationary and supplies	472	348	887	576
Other operating expense	1,412	1,274	2,764	2,264
Total non-interest expense	12,839	9,744	25,084	18,469
Loss before income taxes	(1,384)	(5,050)	(3,126)	(7,826)
Benefit for income taxes	(1,527)	(49)	(1,514)	(48)
Net income (loss)	$143	$(5,001)	$(1,612)	$(7,778)
Basic income (loss) per share	$0.00	$(0.06)	$(0.01)	$(0.17)
Diluted income (loss) per share	$0.00	$(0.06)	$(0.01)	$(0.17)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.