---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-264060"
form_type: "8-K"
ticker: "BPRN"
cik: "0001913971"
company_name: "Princeton Bancorp, Inc."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:53:31.452621+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Princeton Bancorp Q3 net income $7.6M ($1.19 EPS), up from Q2 and year-ago

## Summary
- Net income $7.6M, $1.19 diluted EPS vs $1.07 in Q2 2023 and $1.09 in Q3 2022.
- Total assets $1.91B (+19.4% from Dec 2022); deposits +$290.2M (+21.5%).
- Non-performing assets rose $6.5M to $6.8M due to a $4.5M CRE loan and Noah Bank acquired loans.
- Net interest income $16.7M, down $1.0M from Q3 2022; net interest margin 3.76%.
- Acquisition of Noah Bank closed May 19, added $239.4M assets; merger costs reversed $1.4M.

## SEC filing metadata
- accession: 0001193125-23-264060
- form_type: 8-K
- ticker: BPRN
- cik: 0001913971
- company_name: Princeton Bancorp, Inc.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1913971/000119312523264060/0001193125-23-264060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1913971/000119312523264060/d551261d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-264060
- JSON: https://secwatch.observer/filing/0001193125-23-264060.json
- Plain text: https://secwatch.observer/filing/0001193125-23-264060.txt

## Key facts
- Earnings Releases
  Princeton Bancorp, Inc. reported the nine months ended September 30, 2023 results: net income $20.5 million, or $3.21 per diluted common share.
  - Period: the nine months ended September 30, 2023
  - Net income: $20.5 million, or $3.21 per diluted common share
  - Result: reported results
  source text: For the nine-month period ended September 30, 2023, the Company recorded net income of $20.5 million, or $3.21 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1913971/000119312523264060/0001193125-23-264060-index.htm
- Earnings Releases
  Princeton Bancorp, Inc. reported the quarter ended September 30, 2023 results: net income $7.6 million, or $1.19 per diluted common share.
  - Period: the quarter ended September 30, 2023
  - Net income: $7.6 million, or $1.19 per diluted common share
  - Result: reported results
  source text: The Company reported net income of $7.6 million, or $1.19 per diluted common share, for the third quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1913971/000119312523264060/0001193125-23-264060-index.htm

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