Patriot National Bancorp Q1 FY26 net loss narrows to $1.8 million from $2.8 million

• Patriot National Bancorp posted a net loss of USD 1.8 million, or USD 0.02 per share, for quarter ended March 31, 2026, narrowing from a USD 2.8 million loss a year earlier.
• Net interest income climbed to USD 7.1 million from USD 4 million, lifting net interest margin to 2.46% from 1.64%.
• Provision for credit losses swung to a net recovery of USD 181,000 from a USD 733,000 provision, while non-interest income rose to USD 3.2 million.
• Total assets increased to USD 1.18 billion from USD 1.09 billion at Dec. 31, driven by loans receivable rising to USD 751.2 million from USD 585.7 million.
• Deposits grew to USD 1.05 billion from USD 965.79 million, with brokered deposits falling to USD 31.91 million from USD 54.68 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patriot National Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-035706), on May 15, 2026, and is solely responsible for the information contained therein.