---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-129500"
form_type: "8-K"
ticker: "BPRN"
cik: "0001913971"
company_name: "Princeton Bancorp, Inc."
filed_at: "2025-05-28T23:59:59+00:00"
generated_at: "2026-05-20T08:53:05.416260+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Princeton Bancorp takes $9.9M impairment charge on two CRE loans, after-tax hit of ($0.86)/share

## Summary
- Net impairment charge of $9.9M on two non-performing commercial real estate loans as of May 28, 2025.
- Approximately $2.4M of the charge was already reserved in the allowance for loan losses.
- After-tax impact estimated at ($6.0M), or ($0.86) per diluted common share.
- Lead bank is marketing the collateral properties; occupancy sufficient to cover day-to-day operations.
- Non-performing assets totaled $26.5M at March 31, 2025, with $25.3M from these two loans.

## SEC filing metadata
- accession: 0001193125-25-129500
- form_type: 8-K
- ticker: BPRN
- cik: 0001913971
- company_name: Princeton Bancorp, Inc.
- filed_at: 2025-05-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1913971/000119312525129500/0001193125-25-129500-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1913971/000119312525129500/d908282d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-129500
- JSON: https://secwatch.observer/filing/0001193125-25-129500.json
- Plain text: https://secwatch.observer/filing/0001193125-25-129500.txt

## Key facts
- Restructurings & Charges
  Princeton Bancorp, Inc. announced a impairment with charges of $9.9 million affecting two commercial real estate loans.
  - Type: impairment
  - Charge: $9.9 million
  - Affected area: two commercial real estate loans
  source text: Based on the bids received for such loans, on May 28, 2025, the Registrant’s Board of Directors, Chief Executive Officer and Chief Financial Officer concluded that a material charge for impairment to such loans is required under generally accepted accounting principles applicable to the Registrant. The amount of the net impairment charge is estimated to be $9.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1913971/000119312525129500/0001193125-25-129500-index.htm

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