8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  October 1, 2010

Patriot National Bancorp, Inc.

(Exact name of registrant as specified in its charter)

Connecticut	000-29599	06-1559137
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

900 Bedford Street, Stamford, Connecticut  06901

(Address of principal executive offices)

(203) 324-7500

(Registrant's telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS
Item 8.01	Other Events
Items 9.01	Financial Statements and Exhibits
SIGNATURES
EXHIBIT INDEX
99.1	Press Release dated October 1, 2010

Item 8.01	Other Events
	On October 1, 2010, Patriot National Bancorp, Inc. (the “Company”) issued a press release announcing the receipt of all required approvals from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the transactions contemplated by the Securities Purchase Agreement, dated as of December 16, 2009, by and among the Company, Patriot National Bank and PNBK Holdings LLC, as amended.  A copy of the press release is being filed as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01	Financial Statements and Exhibits
	(a)Not applicable. (b)Not applicable. (c)Not applicable. (d)Exhibits
	Exhibit No.	Description
	99.1	Press Release dated October 1, 2010

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
	PATRIOT NATIONAL BANCORP, INC.
	Registrant
October 1, 2010	By:  /s/ Angelo De Caro
	Angelo De Caro
	Chairman and Chief Executive Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release dated October 1, 2010

EX-99.1

Exhibit 99.1

Contact:

Patriot National Bank

900 Bedford Street

Stamford, CT 06901

Charles F. Howell

President and CEO

Robert F. O’Connell

SEVP & CFO

(203) 324-7500

FOR IMMEDIATE RELEASE

PATRIOT NATIONAL BANCORP, INC. ANNOUNCES RECEIPT OF ALL REGULATORY APPROVALS FOR INVESTMENT BY PNBK HOLDINGS LLC

STAMFORD, CONNECTICUT, OCTOBER 1, 2010 – Patriot National Bancorp, Inc. (NASDAQ:PNBK), parent of Patriot National Bank, today announced the receipt of all required approvals from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the issuance and sale by the Company of shares to PNBK Holdings LLC (“Holdings”) pursuant to the Securities Purchase Agreement entered into in December 2009.  As a result of the mandatory 15-day waiting period following Federal Reserve approval, the parties anticipate completing the Holdings investment on October 15, 2010.

“We are pleased that Patriot’s regulators have approved Holdings’ investment in Patriot,” said Angelo De Caro, Chairman of Patriot.

“With all regulatory approvals now in hand, we are in a position to expeditiously bring this transaction to successful completion,” said Mr. Michael Carrazza of Holdings.

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.  In addition, we set forth certain risks in our reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and Quarterly Reports on 10-Q filed thereafter, which could cause actual results to differ from those projected.  We undertake no obligation to update such forward-looking statements except as required by law.