diff --git a/packages/editor/src/components/post-excerpt/panel.js b/packages/editor/src/components/post-excerpt/panel.js
index 223ad8cb63c736..0c800c1a360b9b 100644
--- a/packages/editor/src/components/post-excerpt/panel.js
+++ b/packages/editor/src/components/post-excerpt/panel.js
@@ -148,7 +148,8 @@ function PrivateExcerpt() {
 						isPattern ||
 						( template &&
 							template.source === TEMPLATE_ORIGINS.custom &&
-							! template.has_theme_file ) ),
+							! template.has_theme_file &&
+							template.is_custom ) ),
 			};
 		}, [] );
 	const [ popoverAnchor, setPopoverAnchor ] = useState( null );