What does retained earnings adjustment - ASC 326 adoption mean?

This metric quantifies the net impact on retained earnings caused by the transition to the CECL accounting standard for credit losses. It represents the cumulative effect of recognizing expected credit losses on financial assets and off-balance sheet commitments as of the adoption date. This adjustment serves as a key indicator of the initial capital impact of the accounting change on the bank's equity base.

Patriot National Bancorp PNBK Retained earnings adjustment - ASC 326 adoption

Retained earnings adjustment - ASC 326 adoption at other companies

Amalgamated Financial Corp.AMAL

$0—

First Community CorporationFCCO

-$84.25K—

Ligand PharmaceuticalsLGND

$21K+106%

Pathward Financial, Inc.CASH

$1.79M-50.0%

National Fuel GasNFG

$2.39B+24.9%

BeneficientBENF

$0—

Other financials

Income statement

See full

Revenue$10.3M+54.5%

Net income-$1.8M+36.8%

EPS (diluted)-$0.02+90.5%

Balance sheet

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Cash & equivalents$109.2M-19.8%

Total debt$3.1M+159%

Total equity$90.2M+57.9%

Total assets$1.2B+23.0%

Cash flow

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Operating cash flow-$2.9M+49.9%

CapEx$545.0K+679%

Free cash flow-$3.5M+41.2%

Valuation

See full

Market cap$112.6M-5.1%

Enterprise value$6.52M+132%

P/S3.4×-1.1×

Profitability

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Net margin-35.1%-15.3pp

FCF margin-38.6%—

Returns & leverage

See full

Return on equity-15.9%-7.1pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Patriot National Bancorp in its filing.

Tagged under the XBRL concept pnbk:NoncashRetainedEarningsAdjustmentASC326Adoption.

The official record: Patriot National Bancorp’s 10-K, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Patriot National Bancorp's retained earnings adjustment - ASC 326 adoption?: Patriot National Bancorp (PNBK) reported retained earnings adjustment - ASC 326 adoption of $0 in Q4 2025.
What does retained earnings adjustment - ASC 326 adoption mean?: This metric quantifies the net impact on retained earnings caused by the transition to the CECL accounting standard for credit losses. It represents the cumulative effect of recognizing expected credit losses on financial assets and off-balance sheet commitments as of the adoption date. This adjustment serves as a key indicator of the initial capital impact of the accounting change on the bank's equity base.