secwatch.observer — SEC 8-K summary
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Issuer:     Princeton Bancorp, Inc. (BPRN)
CIK:        0001913971
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001193125-23-016226
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Princeton Bancorp Q4 2022 net income $7.2M ($1.13 EPS); full-year $26.5M ($4.11 EPS) up 17.8% YoY
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- Net income Q4 2022 $7.2M ($1.13 diluted EPS) vs $6.2M ($0.92) in Q4 2021, up 16%.
- Full-year net income $26.5M ($4.11 diluted EPS) vs $22.5M ($3.30) in 2021, up 17.8%.
- Net interest margin 4.82% in Q4 2022, up 86 bps from Q4 2021; nonperforming loans ratio 0.02%.
- Stock buyback purchased 324,017 shares at weighted avg $29.07 under 5% program in 2022.
- Total deposits decreased $98.4M (6.8%) vs Dec 2021; loans net increased $35.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1913971/000119312523016226/0001193125-23-016226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1913971/000119312523016226/d441956d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-016226

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer