PATRIOT NATIONAL BANCORP, INC. (NASDAQ:PNBK) Files An 8-K Regulation FD Disclosure
Item7.01. Regulation FD Disclosure
On March30, 2017, Patriot National Bancorp, Inc. (Patriot or the
Company) issued a press release, attached hereto as Exhibit 99.1,
regarding a material payment made by its fidelity insurer on
March29, 2017 in connection with a claim of loss submitted by the
Companys bank subsidiary, Patriot Bank N.A. (the Bank).
The payment is in connection with the material charge to the
Banksloan loss reserve disclosed in a Current Report on Form 8-K
filed by the Company on September19, 2016 and is considered a
successful recovery action sought by the Company, and will be
recognized as a gain for the quarter ending March31, 2017.
The information contained herein and the exhibit attached
herewith shall be deemed furnished and not filed.
ITEM9.01. Financial Statements and Exhibits.
(d) Exhibits.
|
ExhibitNo. |
Description |
|
| 99.1 |
Press Release of Patriot National Bancorp, Inc., dated March 30, 2017 |
PATRIOT NATIONAL BANCORP, INC. (NASDAQ:PNBK) Recent Trading Information
PATRIOT NATIONAL BANCORP, INC. (NASDAQ:PNBK) closed its last trading session at with 0 shares trading hands.
