{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-114267","form_type":"8-K","ticker":"BPRN","cik":"0001913971","company_name":"Princeton Bancorp, Inc.","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.194071+00:00","generated_at":"2026-06-03T08:17:45.673941+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Princeton Bancorp Q1 net income falls to $4.3M, announces Cornerstone acquisition","bullets":["Q1 2024 net income of $4.3M ($0.68 diluted EPS), down from $6.1M ($0.95) in Q1 2023.","Announced acquisition of Cornerstone Financial Corp. (total assets >$300M) to expand NJ footprint.","Net loans grew $22.9M (5.9% annualized), total deposits up $69.9M (17.1% annualized).","Non-performing assets fell to $2.1M from $6.7M at year-end 2023, driven by sale of a CRE loan.","Net interest income $15.4M, down from $16.7M a year ago; net interest margin 3.42%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-114267","json":"https://secwatch.observer/filing/0001193125-24-114267.json","markdown":"https://secwatch.observer/filing/0001193125-24-114267.md","text":"https://secwatch.observer/filing/0001193125-24-114267.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1913971/000119312524114267/0001193125-24-114267-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1913971/000119312524114267/d797222d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:17:45.673941+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":"22c9b4cd4f9f9b5586dde439188917f7b93dedb5","claim":"Princeton Bancorp, Inc. reported the quarter ended March 31, 2024 results: net income $4.3 million, EPS $0.68 per diluted common share.","evidence_excerpt":"The Company reported net income of $4.3 million, or $0.68 per diluted common share, for the first quarter of 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1913971/000119312524114267/0001193125-24-114267-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"$4.3 million"},{"label":"EPS","value":"$0.68 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"}