PATRIOT NATIONAL BANCORP INC 8-K

What Happened

• Patriot National Bancorp, Inc. (PNBK) filed a Form 8‑K on July 1, 2026 announcing that the Office of the Comptroller of the Currency (OCC) officially terminated the Formal Agreement with its wholly‑owned subsidiary, Patriot Bank, N.A., on June 30, 2026.
• The Formal Agreement had been dated January 14, 2025. The company also issued a press release and an investor letter on July 1, 2026 (filed as Exhibits 99.1 and 99.2).

Key Details

• OCC termination date: June 30, 2026.
• Original Formal Agreement date: January 14, 2025.
• Company filed the 8‑K and attached a press release and investor letter dated July 1, 2026 (Exhibits 99.1 and 99.2).
• Patriot Bank, N.A. is a wholly‑owned subsidiary of Patriot National Bancorp, Inc.

Why It Matters

• The OCC’s termination of the Formal Agreement removes a previously disclosed supervisory enforcement instrument that required the bank to take specified corrective actions; this is a material regulatory development for the company.
• For investors, the change signals an altered regulatory status for Patriot Bank and may affect perceptions of regulatory risk and compliance costs. Review the attached press release and investor letter for management commentary and any next steps disclosed by the company.