Contact:
                                              Patriot National Bank
                                              900 Bedford Street
                                              Stamford, CT 06901
                                              Charles F. Howell, President & CEO
                                              Robert F. O'Connell
                                              SEVP & CFO
                                              (203) 324-7500



For immediate release



PATRIOT NATIONAL BANCORP, INC. REPORTS REVENUE INCREASE.

     STAMFORD, CT OCTOBER 28, 2003. Patriot National Bancorp, Inc. (parent
company of Patriot National Bank) reported higher revenues for the quarter ended
September 30, 2003. Net interest income was $2.5 million representing an
increase of 17.8% from the same period last year and an increase of 12.9% from
the quarter ended June 30, 2003. The higher revenue was offset by increased
operating costs of 11.2% in the quarter ended September 30, 2003 compared to the
same quarter last year. The higher costs were primarily related to the Bank's
branch expansion program. Net income for the quarter was $316,000 ($0.13 diluted
income per share) compared to $338,000 ($0.14 diluted income per share) for the
same period last year. For the nine months ended September 30, 2003 net income
was $1.0 million representing an increase of 25.0% over the same period last
year.

     Total loans increased 13.0% during the quarter ended September 30, 2003 to
end the quarter at $207.6 million. Deposits at September 30, 2003 were $265.8
million which represents an increase of 7.0% from the end of the previous
quarter. Total assets at September 30, 2003 were $318.2 million, representing an
increase of $16.1 million, or 5.3%, from the end of the prior quarter. Mr.
Charles F. Howell, President and Chief Executive Officer of Patriot National
Bank, attributed the strong growth in the balance sheet to the continued
expansion of both commercial and consumer banking relationships.

     Mr. Howell stated that the strength of the local real estate market
contributed to the exceptional growth in quality loans during the most recent
quarter. The growth in loans and core deposits, together with a re-positioning
of the investment portfolio, resulted in the favorable revenue trend. Patriot
plans to open a branch in Wilton, CT at the beginning of November which will be
the Bank's third new branch location this year.

     Patriot National Bank is headquartered in Stamford, CT and has full service
branches in Stamford, Greenwich, Old Greenwich and Norwalk.