---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-149542"
form_type: "8-K"
ticker: "BPRN"
cik: "0001913971"
company_name: "Princeton Bancorp, Inc."
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T18:36:49.104966+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Princeton Bancorp completes acquisition of Noah Bank for $25.4M in cash

## Summary
- Total transaction value ~$25.4M; Noah shareholders received $6.00 per share cash.
- Noah had $241.6M in assets, $193.1M in deposits, $35.3M equity as of March 31, 2023.
- Pro forma combined assets ~$1.8B; TBOP now operates 30 branches in NJ, PA, and NY.
- Hyunjun An, Noah's Acting President and CFO, joined TBOP as Senior Vice President.
- Transaction closed May 19, 2023; TBOP survivor, Noah merged into TBOP.

## SEC filing metadata
- accession: 0001193125-23-149542
- form_type: 8-K
- ticker: BPRN
- cik: 0001913971
- company_name: Princeton Bancorp, Inc.
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1913971/000119312523149542/0001193125-23-149542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1913971/000119312523149542/d309464d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-149542
- JSON: https://secwatch.observer/filing/0001193125-23-149542.json
- Plain text: https://secwatch.observer/filing/0001193125-23-149542.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.