PATRIOT NATIONAL BANCORP INC 8-K

What Happened

• Patriot National Bancorp, Inc. (PNBK) disclosed under Item 7.01 (Regulation FD Disclosure) that Patriot Bank, N.A., its wholly‑owned bank subsidiary, received a letter from the Office of the Comptroller of the Currency (OCC) notifying the board that, as of July 7, 2026, the OCC does not consider the Bank to be in "troubled condition" for purposes of 12 U.S.C. §183li and 12 C.F.R. §5.51.

Key Details

• OCC notification dated July 7, 2026, informed the Bank’s board the Bank is not in "troubled condition."
• The Bank’s prior "troubled condition" designation was disclosed in the Company’s Form 8‑K filed January 21, 2025.
• The Company previously disclosed the termination of the related Formal Agreement in its Form 8‑K filed July 1, 2026.
• Disclosure made under Item 7.01 (Regulation FD Disclosure) of Form 8‑K.

Why It Matters

• This is a formal regulatory status change: the OCC’s removal of the "troubled condition" designation reduces an official regulatory stigma and reflects a change in the OCC’s supervisory view as of July 7, 2026.
• For investors, it may signal progress on previously identified issues and could affect the Bank’s regulatory oversight and related constraints; however, the filing does not provide financial results or forecasts, so there is no direct disclosure here of impacts to earnings, capital, or dividends.