PATRIOT NATIONAL BANCORP INC : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

Published: 2021-09-27 16:51:16 ET PNBK

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 22, 2021, Patriot Bank, N.A. (the "Bank"), a wholly-owned subsidiary of Patriot National Bancorp, Inc. (the "Company"), promoted David Lowery to Executive Vice President and Chief Lending Officer.

Mr. Lowery joined Patriot Bank in April of 2021 as Head of Lending. Mr. Lowery is leading the Bank's SBA division, Commercial Real Estate, C&I and Consumer Lending areas. Prior to joining Patriot, Mr. Lowery has served in various senior capacities with several institutions including Iberiabank, Metropolitan Commercial Bank and M&T Bank. He has built successful lending businesses in the NY metropolitan area. Mr. Lowery earned his MBA from Loyola University in Maryland where he also received his undergraduate degree in Economics.

Item 7.01. Regulation FD Disclosure.

On September 27, 2021, the Company issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing Mr. Lowery's appointment.

The information contained in this Current Report on Form 8-K (including the exhibit) is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.

Item 9.01. Financial Statements and Exhibits.