Risk factors
Patriot National Bancorp (PNBK) risk factors
Item 1A of every Patriot National Bancorp Inc. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
31 risks, 24 new, 15 dropped, 6 reworded since the prior year. The bank entered into an OCC Formal Agreement requiring extensive remediation across capital, governance, and BSA/AML functions. Management is aggressively executing a strategic repositioning into digital payments and institutional banking. Heavy reliance on third-party program managers introduces heightened compliance, liquidity, and operational risk.
Filed Mar 31, 2026 - FY2024 10-K risk factors
22 risks. Patriot National Bancorp relies heavily on regional economic conditions in Connecticut and New York, significant commercial real estate lending, and exposure to interest rate fluctuations.
Filed Apr 15, 2025