Patriot National Bancorp (PNBK) Investor presentation summary

Organizational transformation

• New executive leadership team with deep expertise in financial management, strategic growth, and regulatory compliance, focused on fiduciary excellence.

• Board governance enhanced with seasoned directors experienced in corporate governance, risk management, and strategic growth.

Financial performance and restructuring

• Strategic restructuring in Q2 2025 led to pre-provision profit of $0.2M, excluding a $1.2M loss from a single-family loan portfolio sale.

• Operating expenses reduced by $774k quarter-over-quarter, including a reduction of 23 FTEs (18% of Q2 staff).

• Margin expansion achieved through a 23bps reduction in cost of deposits.

Balance sheet and capital position

• Total assets at $930M, with cash and securities at $291M and loans at $603M as of Q2 2025.

• Total leverage ratio improved to 10.33%, CET1 ratio to 15.61%, and Tier 1 leverage ratio to 10.1%.

• Liquidity strengthened to $290M (31% of assets) and capital ratios increased through a $5M equity raise.