Company: PNBK
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001628280-25-040370
Chunk: 35

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 reflects information about the individually evaluated loans by segment as of June 30, 2025 and December 31, 2024: (In thousands)June 30, 2025December 31, 2024Recorded Investment Principal Outstanding Related Allowance Recorded Investment Principal Outstanding Related Allowance With no related allowance recorded:Commercial Real Estate$20,892 $37,581 $— $18,361 $34,224 $— Commercial and Industrial2,856 7,362 — 1,831 2,251 — Construction to permanent - CRE31 149 — 2,357 2,476 — 23,779 45,092 — 22,549 38,951 — With a related allowance recorded:Commercial Real Estate— — — 974 969 403 Commercial and Industrial— — — 1,492 1,810 60 — — — 2,466 2,779 463 Individually evaluated loans, Total:Commercial Real Estate20,892 37,581 — 19,335 35,193 403 Commercial and Industrial2,856 7,362 — 3,323 4,061 60 Construction to permanent - CRE31 149 — 2,357 2,476 — Total$23,779 $45,092 $— $25,015 $41,730 $463 

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

The following table summarizes additional information regarding individually evaluated loans by segment for the three and six months ended June 30, 2025 and 2024:Three Month Ended June 30,Six Months Ended June 30,(In thousands)2025202420252024Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded:Commercial Real Estate$22,847 $64 $5,107 $— $23,626 $82 $5,108 $— Residential Real Estate— — 172 8 — — 172 8 Commercial and Industrial2,873 — 5,026 23 2,979