---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-184813"
form_type: "8-K"
ticker: "BPRN"
cik: "0001913971"
company_name: "Princeton Bancorp, Inc."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:23:13.930031+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Princeton Bancorp Q2 net income $5.1M ($0.80 EPS); acquisition approvals received

## Summary
- Q2 2024 net income $5.1M ($0.80 diluted EPS) vs Q1 $4.3M ($0.68) and Q2 2023 $6.8M ($1.07).
- Net interest margin 3.44%, up 2 bps QoQ; avg loans +$34.7M, avg deposits +$50.7M vs Q1.
- Acquisition of Cornerstone Financial Corp received all shareholder and regulatory approvals; expected close August 23, 2024.
- Non-performing assets low at $3.2M (0.2% of loans), down from $6.7M at year-end 2023.
- Six-month net income $9.5M ($1.48 diluted) vs $12.9M ($2.02) in prior year, decrease due to 2023 Noah Bank acquisition items.

## SEC filing metadata
- accession: 0001193125-24-184813
- form_type: 8-K
- ticker: BPRN
- cik: 0001913971
- company_name: Princeton Bancorp, Inc.
- filed_at: 2024-07-25T23:59:59+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/1913971/000119312524184813/0001193125-24-184813-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1913971/000119312524184813/d827956d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-184813
- JSON: https://secwatch.observer/filing/0001193125-24-184813.json
- Plain text: https://secwatch.observer/filing/0001193125-24-184813.txt

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