UNITED STATES
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): September 28, 2015
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) | (Zip Code) |
Registrant's telephone number, including area code: (203) 252-5900
Not Applicable
(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)) |
Item 8.01. Other Events.
Effective September 28, 2015, Patriot National Bank (the "Bank"), a national banking association and a wholly-owned subsidiary of the registrant, amended its Articles of Association to change its name to Patriot Bank, National Association. The amendment was filed with the Office of the Comptroller of the Currency. A copy of the press release issued by the Bank is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
99.1
Patriot Bank, National Association Press Release, issued September 28, 2015.
SIGNATURE
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) |
||
| September 28, 2015
(Date) |
By: /s/ CHRISTINA L. MAIER
Christina L. Maier Executive Vice President & Chief Financial Officer |
EXHIBIT 99.1
STAMFORD, Conn., Sept. 28, 2015 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. ("Patriot" or the "Company") (NASDAQ:PNBK), the parent company of Patriot National Bank (the "Bank"), today announced that effective Monday, September 28, 2015, the Bank's name will officially be changed to "Patriot Bank, N.A."
The new name reflects Patriot's community focus, presence and commitment to provide commercial and consumer banking services in the areas and region it serves, including Fairfield and New Haven Counties in Connecticut and Westchester County in New York.
The Company's common stock will continue to trade on the NASDAQ Market under the symbol "PNBK." The CUSIP number will remain 70336F203.
"Patriot Bank's new identity comes at a time when the Bank is achieving profitability and positive earnings growth resulting from a sharp focus on our products and services at the community level," said Michael Carrazza, Chairman of Patriot Bancorp, Inc. and Patriot Bank, N.A.
"Patriot Bank's new name better reflects what our customers and neighbors have depended upon since 1994—a trusted and involved community bank," said Kenneth Neilson, President and Chief Executive Officer of Patriot Bancorp, Inc. and Patriot Bank, N.A. "Patriot Bank is a proven entity for serving the financial needs of customers, businesses, nonprofits and government sector in our communities."
The name change comes after Patriot has reported eight consecutive quarters of increased earnings, most recently in the second fiscal quarter ending June 30, 2015, when it continued to show growth in both net income and shareholders' equity.
About Patriot National Bancorp, Inc.
Patriot National Bancorp, Inc., operates as the holding company for Patriot Bank, N.A. which provides consumer and commercial banking services to individuals, government and nonprofit entities, small and medium-sized businesses and professionals. The Company's lending activities are conducted principally in Fairfield and New Haven Counties in Connecticut and Westchester County in New York. Patriot National Bank currently operates 10 full service branches, 8 in Connecticut and 2 in New York. Both Patriot Bank, N.A. and Patriot National Bancorp, Inc. are headquartered in Stamford, Connecticut. Patriot National Bank was founded in 1994.
CONTACT: Investor Relations Contacts:
Patriot Bank, N.A.
Kenneth T. Neilson, President & CEO, 203-252-5962
Christina L. Maier, Executive Vice President & CFO, 203-252-5901
Media Contacts:
Butler Associates Public Relations
Tom Butler (646) 213-1387 / TButler@ButlerAssociates.com
Kaylyn Alexander (646) 213-1366 / KAlexander@ButlerAssociates.com