Company: PNBK
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001628280-25-052358
Chunk: 158

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 158
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,146 24,142 2,723  14,397  3,339 20,459 U. S. Government agency and mortgage-backed securities—  5,146  92,756 97,902 —  4,371  80,719 85,090 Total available-for-sale securities$3,000  $22,142  $96,902 $122,044 $2,723  $18,768  $84,058 $105,549 December 31, 2024:Corporate bonds$—  $15,996  $— $15,996 $—  $12,735  $— $12,735 Subordinated notes3,000  1,000  — 4,000 2,610  851  — 3,461 SBA loan pools—  —  4,562 4,562 —  —  3,573 3,573 Municipal bonds—  —  — — —  —  — — Available-for-sale securities with stated maturity dates3,000  16,996  4,562 24,558 2,610  13,586  3,573 19,769 U. S. Government agency and mortgage-backed securities—  5,172  70,517 75,689 —  4,134  56,089 60,223 Total available-for-sale securities$3,000  $22,168  $75,079 $100,247 $2,610  $17,720  $59,662 $79,992 

Note 4.    Loans Receivable and Allowance for Credit Losses 

As of September 30, 2025 and December 31, 2024, loans receivable, net, consisted of the following:(In thousands)September 30, 2025December 31, 2024Loan portfolio segment:Commercial Real Estate$360,802 $419,489 Residential Real Estate83,672 92,215 Commercial and Industrial123,359 129,608 Consumer and Other20,802 59,973 Construction— 3,830 Construction to Permanent