Company: PNBK
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001628280-25-040370
Chunk: 160

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 160
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,958 $678 $1,215 $5,133 $5 $— $14,989 (3) The provision on credit losses for the six months ended June 30, 2025 does not include the credit on unfunded loan commitments of $101,000.(4) The provision on credit losses for the six months ended June 30, 2024 does not include the credit on unfunded loan commitments of $36,000.

The following tables summarize, by loan portfolio segment, the amount of loans receivable evaluated individually and collectively for allowance for credit losses as of June 30, 2025 and December 31, 2024:(In thousands)Commercial Real Estate Residential Real Estate Commercial and Industrial Consumer and Other Construction Construction to Permanent - CRE Total June 30, 2025Allowance for credit losses:Individually evaluated loans$— $— $— $— $— $— $— Collectively evaluated loans2,436 519 1,785 3,050 5 — 7,795 Total allowance for credit losses$2,436 $519 $1,785 $3,050 $5 $— $7,795 Loans receivable, gross:Individually evaluated loans$20,892 $— $2,856 $— $— $31 $23,779 Collectively evaluated loans349,484 60,123 119,305 33,363 1,494 — 563,769 Total loans receivable, gross$370,376 $60,123 $122,161 $33,363 $1,494 $31 $587,548 

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Table of ContentsPATRIOT NATIONAL BANCORP, INC. AND SUBSIDIARIES Notes to Consolidated Financial Statements (Unaudited)

(In thousands)Commercial Real Estate Residential Real Estate Commercial and Industrial Consumer and Other Construction Construction to Permanent - CRE Total December 31, 2024Allowance for credit losses:Individually evaluated loans$403 $— $60 $— $— $— $463 Collectively evaluated loans1,838 596 1,017 3,386 5 — 6,842 Total allowance for credit losses$2,241 $596 $1,077 $