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PATRIOT NATIONAL BANCORP, INC.
900 Bedford Street
Stamford, Connecticut 06901
July 29, 2005
U.S. Securities and Exchange Commission
Division of Corporate Finance
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Patriot National Bancorp, Inc.
Registration Statement on Form SB-2
Request for Acceleration of Effectiveness
File No. 333-124312
Dear Sir or Madam,
Pursuant to Rule 461 under the Securities Act of 1933, as amended,
Patriot National Bancorp, Inc. (the "Company") hereby respectfully requests that
the effective date of the above-captioned Registration Statement be accelerated
so that the Registration Statement becomes effective at 4:00 p.m. on August 2,
2005, or as soon as practicable thereafter.
In making this request, the Company acknowledges that:
o should the Commission or the staff, acting pursuant
to delegated authority, declare the filing effective,
it does not foreclose the Commission from taking any
action with respect to the filing;
o the action of the Commission or the staff, acting
pursuant to delegated authority, in declaring the
filing effective, does not relieve the Company from
its full responsibility for the adequacy and accuracy
of the disclosure in the filing; and
o the Company may not assert this action as defense in
any proceeding initiated by the Commission or any
person under the federal securities laws of the
United States.
PATRIOT NATIONAL BANCORP, INC.
By: /s/ CHARLES F. HOWELL
--------------------------------------
Charles F. Howell
President
[GRAPHIC OF SANDLER O'NEILL LOGO]
919 Third Avenue, 6th Fl., New York, NY 10022
Tel: 212.466.7800/800.635.6851
Fax: 212.466.7888
July 29, 2005
BY FACSIMILE AND EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: PATRIOT NATIONAL BANCORP, INC. -
REGISTRATION STATEMENT ON FORM SB-2 (FILE NO. 333-124312)
Ladies and Gentlemen:
In accordance with Rule 461 under the Securities Act of 1933, as
amended, we hereby join Patriot National Bancorp, Inc. (the "Company") in
requesting that the Company's above-referenced registration statement on Form
SB-2 be declared effective on August 2, 2005, at 4:00pm., or as soon
thereafter as practicable.
Very truly yours,
SANDLER O'NEILL & PARTNERS, L.P.
By: Sandler O'Neill & Partners Corp.,
the sole general partner
/s/ MICHAEL LACOVARA
--------------------------------------------
Michael Lacovara
An Officer of the Company
Sandler O'Neill & Partners, L.P., is a limited partnership, the sole general
partner of which is Sandler O'Neill & Partners Corp., a New York Corporation.