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Regulatory and Operational Matters (Tables)
3 Months Ended
Mar. 31, 2024
Regulatory Capital Requirements under Banking Regulations [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
The Company and Bank’s regulatory capital amounts and ratios at March 31, 2024 and December 31, 2023 are summarized as follows:
March 31, 2024December 31, 2023
Patriot National Bancorp, Inc.Patriot Bank, N.A.Patriot National Bancorp, Inc.Patriot Bank, N.A.
(Dollar amounts in thousands)AmountRatioAmountRatioAmountRatioAmountRatio
Total Capital (to risk weighted assets):
Actual$86,996 9.95 %$98,464 11.26 %$89,727 10.00 %$100,683 11.22 %
To be Well Capitalized(1)— — 87,418 10.00 %— — 89,732 10.00 %
For capital adequacy with Capital Buffer(2)— — 91,789 10.50 %— — 94,218 10.50 %
For capital adequacy69,955 8.00 %69,935 8.00 %71,788 8.00 %71,785 8.00 %
Tier 1 Capital (to risk weighted assets):
Actual69,440 7.94 %90,908 10.40 %73,282 8.17 %94,238 10.50 %
To be Well Capitalized(1)— — 69,935 8.00 %— — 71,785 8.00 %
For capital adequacy with Capital Buffer(2)— — 74,306 8.50 %— — 76,272 8.50 %
For capital adequacy52,466 6.00 %52,451 6.00 %53,841 6.00 %53,839 6.00 %
Common Equity Tier 1 Capital
(to risk weighted assets):
Actual61,440 7.03 %90,908 10.40 %65,282 7.27 %94,238 10.50 %
To be Well Capitalized(1)— — 56,822 6.50 %— — 58,325 6.50 %
For capital adequacy with Capital Buffer(2)— — 61,193 7.00 %— — 62,812 7.00 %
For capital adequacy39,350 4.50 %39,338 4.50 %40,381 4.50 %40,379 4.50 %
Tier 1 Leverage Capital (to average assets):
Actual69,440 6.53 %90,908 8.55 %73,282 6.76 %94,238 8.70 %
To be Well Capitalized(1)— — 53,146 5.00 %— — 54,170 5.00 %
For capital adequacy42,524 4.00 %42,517 4.00 %43,339 4.00 %43,336 4.00 %
(1) Designation as "Well Capitalized" does not apply to bank holding companies - the Company. Such categorization of capital adequacy only applies to insured depository institutions - the Bank.
(2) The Capital Conservation Buffer implemented by the FDIC began to be phased in beginning January 1, 2016. It was not applicable to periods prior to that date and does not apply to bank holding companies - the Company.