Company: PNBK
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001628280-25-052358
Chunk: 83

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 83
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Increase/(Decrease)20252024$%Non-interest bearing:Non-interest bearing$82,385 $106,689 $(24,304)(22.78)%Non-interest bearing DDA- Digital Payments5,381 12,523 (7,142)(57.03)%Total non-interest bearing87,766 119,212 (31,446)(26.38)%Interest bearing:Negotiable order of withdrawal accounts (NOW)22,845 31,549 (8,704)(27.59)%Savings32,478 38,743 (6,265)(16.17)%Interest bearing DDA 19,707 — 19,707 #DIV/0!Interest bearing DDA - Digital Payments 138,913 110,448 28,465 25.77 %Money market152,728 195,369 (42,641)(21.83)%Money market - Digital Payments 10,220 66,654 (56,434)(84.67)%Certificates of deposit, $250,000 or less119,329 162,533 (43,204)(26.58)%Certificates of deposit, more than $250,00060,221 65,278 (5,057)(7.75)%Specialty - Other Deposits16,178 — 16,178 — %Brokered deposits170,470 176,811 (6,341)(3.59)%Total Interest bearing743,089 847,385 (104,296)(12.31)%Total Deposits$830,855 $966,597 $(135,742)(14.04)%Total Digital Payments deposits$236,886 $265,542 (28,656)-10.79 %Total retail branch bank deposits$352,388 $412,960 $(60,572)(14.67)%Total uninsured deposits$162,347 $297,845 $(135,498)(45.49)%Uninsured deposits to total deposits19.54 %30.81 %

Total deposits decreased by $135.7 million, from $966.6 million as of December 31, 2024, to $830.9 million as of September 30, 2025. 

Non-GAAP Financial Measures:

In addition to evaluating the Company's financial performance in accordance with U.S. GAAP, management may evaluate certain non-G