{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-108290","form_type":"8-K","ticker":"BPRN","cik":"0001913971","company_name":"Princeton Bancorp, Inc.","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.577209+00:00","generated_at":"2026-06-16T22:48:48.969278+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Princeton Bancorp Q1 net income $6.1M ($0.95 EPS); NIM 4.59%, loan growth 5.2% annualized","bullets":["Net income of $6.1M, or $0.95 diluted EPS, compared to $7.2M ($1.13) in Q4 2022 and $6.0M ($0.91) in Q1 2022.","Net interest income $16.7M; net interest margin 4.59%, down 23 bps QoQ but up 50 bps YoY.","Loans grew 5.2% annualized; total assets $1.59B, down 1.0%; deposits fell $55.6M (4.1%) while borrowings rose to $44.5M.","Non-performing assets increased $6.2M to $6.5M, driven by one $6.2M commercial real estate loan; loan is secured.","Adopted CECL on Jan 1, 2023, with one-time $284K net-of-tax decrease in retained earnings."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-108290","json":"https://secwatch.observer/filing/0001193125-23-108290.json","markdown":"https://secwatch.observer/filing/0001193125-23-108290.md","text":"https://secwatch.observer/filing/0001193125-23-108290.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1913971/000119312523108290/0001193125-23-108290-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1913971/000119312523108290/d444036d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:48:48.969278+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"42538eb428a423b52765c8ef5d8d7846b70237dd","claim":"Princeton Bancorp, Inc. reported for the quarter ended March 31, 2023 results: net income $6.1 million, EPS $0.95 per diluted common share.","evidence_excerpt":"The Company reported net income of $6.1 million, or $0.95 per diluted common share, for the first quarter of 2023, compared to net income of $7.2 million, or $1.13 per diluted common share, for the fourth quarter of 2022, and net income of $6.0 million, or $0.91 per diluted common share, for the first quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1913971/000119312523108290/0001193125-23-108290-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the quarter ended March 31, 2023"},{"label":"Net income","value":"$6.1 million"},{"label":"EPS","value":"$0.95 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}