PATRIOT NATIONAL BANCORP INC 10-K

ITEM 2. Properties The following table summarizes Patriot’s owned and leased properties, as of December 31, 2022: Street Address City County State Owned: 233 Post Road Darien Fairfield Connecticut 1755 Black Rock Turnpike Fairfield Fairfield Connecticut 100 Mason Street Greenwich Fairfield Connecticut 900 Bedford Street Stamford Fairfield Connecticut 999 Bedford Street Stamford Fairfield Connecticut 771 Boston Post Road Milford New Haven Connecticut 50 Charles Street Westport Fairfield Connecticut Leased: 16 River Street Norwalk Fairfield Connecticut 415 Post Road East Westport Fairfield Connecticut 495 Central Park Avenue Scarsdale Westchester New York 7 Old Tavern Road Orange New Haven Connecticut 30 Oak Street Stamford Fairfield Connecticut 300 Centerville Rd Warwick Kent County Rhode Island At December 31, 2022, five branch buildings were owned and four branch facilities were leased. Additionally, the Bank maintains certain operating and administrative service facilities and additional parking at its main branch banking office, which are subject to eleven non-cancelable operating lease agreements. Patriot’s lease agreements have terms ranging from one year to fifteen years with nine years and seven months remaining on the longest lease term. Generally, Patriot’s lease agreements contain rent escalation clauses, and renewals for one or more periods at the Bank’s option. As of December 31, 2022, the Bank has excess space that it leases to four unrelated parties. For additional information, see the Leases footnote disclosure in the consolidated financial statements included herein. ITEM 3. Legal Proceedings Other than ordinary routine litigation incidental to its business, neither the Company nor the Bank has any pending legal proceedings to which the Company or the Bank is a party or any of its property is subject. ITEM 4. Mine Safety Disclosures Not applicable. 16 Table of Contents PART II