Patriot National Bancorp Inc
bankpatriot.comWhat Do They Do?
Provides deposit accounts, loans and payment services to individuals and businesses, financial technology firms, and institutional clients.
10-K for FY2025, filed Mar 31, 2026The Bank commenced operations in 1994 and, as of December 31, 2025, operated eight branch offices, including seven branches in Connecticut…View ↗
Commercial real estate lending is generally now focused on relationship-based originations for borrowers with established or expected…View ↗
The Bank offers traditional deposit products for consumer and commercial customers, including demand deposits, noninterest-bearing and…View ↗
The Bank’s institutional banking activities include services provided to financial technology companies, program managers, non-depository…View ↗
Through its digital payments activities, the Bank provides or supports services such as ACH and money movement, debit and credit card…View ↗
How Do They Make Money?
$47.8M
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10-K for FY2025, filed Mar 31, 2026
$47.8M ↗
Who Are Their Customers?
Serves business owners and investors, financial technology and payments firms, and underbanked individuals and businesses. Customers access services through branches and relationship, institutional and digital banking channels.
10-K for FY2025, filed Mar 31, 2026The Bank commenced operations in 1994 and, as of December 31, 2025, operated eight branch offices, including seven branches in Connecticut…View ↗
The Bank is repositioning its business model to focus on relationship-driven banking and specialized financial services for selected…View ↗
entrepreneurs, investors, business leaders, and the businesses and advisors who serve them; digital payments and related institutional…View ↗
The Bank offers traditional deposit products for consumer and commercial customers, including demand deposits, noninterest-bearing and…View ↗
The Bank’s institutional banking activities include services provided to financial technology companies, program managers, non-depository…View ↗
Through its digital payments activities, the Bank provides or supports services such as ACH and money movement, debit and credit card…View ↗
Do Revenues Turn Into Profits?
No. It lost $12.7M in FY2025.
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
$143KView ↗
- ▲ Now profitable
- vs −$5M in Q2 FY2025
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Jul 1, 2026
The OCC terminated the Bank’s Formal Agreement
Sources
8-K, filed Jul 1, 2026
On June 30, 2026, the Office of the Comptroller of the Currency (“OCC”) officially terminated the Formal Agreement between the OCC and…View ↗
Growing. Revenue grew 48% in 4 years, from $32.4M in FY2021 to $47.8M in FY2025, about 10% a year.
A narrower customer and service focus
The older report describes broad commercial, SBA and consumer lending, deposit accounts and services. The latest focuses on targeted relationship-based banking, selected business and investor clients, and digital-payments and institutional banking services.
10-K for FY2022, filed Mar 29, 2023 10-K for FY2025, filed Mar 31, 2026The Bank is repositioning its business model to focus on relationship-driven banking and specialized financial services for selected…View ↗
entrepreneurs, investors, business leaders, and the businesses and advisors who serve them; digital payments and related institutional…View ↗
The Bank’s institutional banking activities include services provided to financial technology companies, program managers, non-depository…View ↗
Through its digital payments activities, the Bank provides or supports services such as ACH and money movement, debit and credit card…View ↗
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