Company: PNBK
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001628280-25-052358
Chunk: 170

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 170
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 credits are typically charged off once they reach 180 days past due and “Closed-end” credits are typically charged off once they reach 120 days past due, with limited exceptions for loans secured by 1-4 family residential real estate.

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

Loan Portfolio Vintage AnalysisThe following tables summarize loans by vintage, credit quality indicator, class of loans and charge-offs based on year of origination as of September 30, 2025:Term of Loans by Origination As of September 30, 2025:20252024202320222021PriorRevolvingTotal Loans Receivable Gross Loan portfolio segment:Commercial Real Estate:Pass$19,229 $— $87,292 $90,159 $80,052 $56,628 $— $333,360 Special mention— — 3,643 — — 1,210 — 4,853 Substandard— — 183 6,871 10,784 4,751 — 22,589 Total 19,229 — 91,118 97,030 90,836 62,589 — 360,802 Current period gross charge-offs— — — — — 779 — 779 Residential Real Estate:Pass1,126 3,165 — 5,318 21,932 50,097 1,058 82,696 Special mention— — — — — 919 — 919 Substandard— — — — — 57 — 57 Total 1,126 3,165 — 5,318 21,932 51,073 1,058 83,672 Current period gross charge-offs— — — — — — — — Commercial and Industrial:Pass5,848 756 3,598 11,687 17,782 5,692 63,192 108,555 Special mention— — 3 17 35 439 4,206 4,700 Substandard— — 271 351 842 6,379 2,261 10,104 Total 5,848 756 3