Patriot Bank Expresses Condolences for the Passing of Director Raymond B. Smyth
Patriot National Bancorp, Inc. (NASDAQ: PNBK) announced the passing of longstanding director Raymond B. Smyth on September 22, 2021, after a severe illness.
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Rhea-AI Summary
Patriot National Bancorp, Inc. (NASDAQ: PNBK) announced the passing of longstanding director Raymond B. Smyth on September 22, 2021, after a severe illness. Mr. Smyth had served on the board since 2008 and was a prominent figure in the Stamford community. A retired partner from Masotti & Masotti accounting firm, he contributed significantly to local organizations, including the Kiwanis Club and Trinity Catholic High School. Patriot expresses its condolences to his family and honors his impact on the company and community.
Positive
- Raymond B. Smyth's long tenure as a respected director since 2008 indicates stability in leadership.
Negative
- The passing of a longstanding director may impact board dynamics and strategic direction.
Details
News Market Reaction – PNBK
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STAMFORD, Conn., Sept. 24, 2021 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced the passing of Raymond B. Smyth on September 22, 2021 who had been battling a severe illness. Mr. Smyth had proudly served as a longstanding Director of Patriot Bank since 2008.
Ray was a well-known and lifelong resident of Stamford where he grew up on the South End with his family. He is a retired partner from the local accounting firm Masotti & Masotti where he worked for nearly 40 years. He was actively involved in the Stamford community as former President and Treasurer of the Kiwanis Club, volunteer positions with both the American Little League and Youth Basketball, a member of the Knights of Columbus for over 25 years, and Board Member at Trinity Catholic High School.
Patriot’s fellow directors and its entire staff express deepest condolences to his family and honor Ray for his invaluable contribution to Patriot and the community.
| Contacts: | ||
| Patriot Bank, N.A. | Robert Russell | Michael Carrazza |
| 900 Bedford Street | President and CEO | Chairman |
| Stamford, CT 06901 | 203-252-5954 | 203-251-8230 |
| www.BankPatriot.com |
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