ADDED
As of March 6, 2026, there were 6,788,551 shares of common stock outstanding.
is a Pennsylvania corporation formed in 2022 to be the holding company for The Bank of Princeton.
As of December 31, 2025, the Company had 241 total employees and 240 full-time equivalent employees.
On April 29, 2024, the Company amended its Articles of Incorporation to authorize 2,000,000 shares of preferred stock, par value $0.01 per share.
The preferred stock may be issued in one or more series, and the Board of Directors is authorized, without further shareholder approval, to determine the designations, rights, preferences, privileges, and limitations of each series, including dividend rights, dividend rates, conversion rights, voting rights, redemption terms, and liquidation preferences.
This competition comes principally from other banks, savings institutions, mortgage banking companies and other lenders.
At December 31, 2025, commercial real estate and multi-family loans amounted in the aggregate to $1.34 billion, or 73.9% of the total loans receivable.
Our commercial real estate portfolio has decreased $41.6 million or 3.0% since December 31, 2024, when commercial real estate and multi-family loans amounted to $1.39 billion, or 76.1%, of our total portfolio.
5 Although terms for commercial real estate and multi-family loans vary, our underwriting standards generally allow for terms up to 7 years with loan-to-value ratios of not more than 75%.
The borrower is paying in accordance with the loan terms as of December 31, 2025 - The second largest commercial real estate loan is a $22.7 million loan.
REMOVED
An income tax benefit of approximately $2,000 was realized for the year ended December 31, 2024, and an income tax expense of approximately $13,000 was realized for the year ended December 31, 2023.
As of March 1 2 , 202 5 , there were 6,915,086 shares of common stock outstanding.
is a Pennsylvania corporation formed in 2022 to be the holding company for The Bank of Princeton (the Bank ).
As of December 31, 2024, the Company had 249 total employees and 247 full-time equivalent employees.
At December 31, 2024, commercial real estate and multi-family loans amounted in the aggregate to $1.39 billion, or 76.1% of the total loans receivable.
Our commercial real estate portfolio has increased $242.2 million or 21.1% since December 31, 2023, when commercial real estate and multi-family loans amounted to $1.14 billion, or 73.8%, of our total portfolio.
- The second largest commercial real estate loan is a $22.7 million loan.
The proceeds were used to refinance an existing loan with cash out for future real estate investments.
The property is an industrial warehouse located in East Windsor, NJ with a LTV of 55%.
At December 31, 2024, commercial and industrial loans amounted in the aggregate to $93.0 million, or 5.1%, of the total loan portfolio .