Princeton Bancorp, Inc. filed its quarterly report on Form 10-Q with the SEC on August 7, 2026, covering the three and six months ended June 30, 2026, and disclosing consolidated income, balance sheet, and equity activity for the Pennsylvania-chartered bank holding company headquartered in Princeton, New Jersey.

Key Highlights

  • Net income for Q2 2026: $7,081 thousand, compared with $688 thousand in Q2 2025, according to the filing.
  • Six-month net income: $13,310 thousand for the period ended June 30, 2026, versus $6,066 thousand for the same period in 2025.
  • Earnings per share (basic/diluted): $1.04 and $1.04 for Q2 2026; $1.96 and $1.95 for the six months ended June 30, 2026, as stated in the income statement.
  • Total assets: $2,251,012 thousand at June 30, 2026, down from $2,285,147 thousand at December 31, 2025.
  • Net interest income: $20,040 thousand for Q2 2026, up from $18,810 thousand in Q2 2025; $38,898 thousand for the six-month period versus $37,567 thousand a year earlier.
  • Provision for credit losses: A reversal of $353 thousand in Q2 2026 and a reversal of $509 thousand for the six months ended June 30, 2026, compared with provisions of $6,956 thousand and $7,224 thousand in the corresponding prior-year periods.
  • Shares outstanding: 6,813,201 shares of common stock as of August 5, 2026, per the filing cover page.

Princeton Bancorp's Second Quarter 2026 Income and Balance Sheet Activity

Princeton Bancorp, Inc. (Nasdaq Global Select Market: BPRN) is a Pennsylvania-chartered bank holding company operating through its subsidiary and headquartered at 183 Bayard Lane, Princeton, New Jersey. The company's primary revenue source is interest and dividend income from loans receivable and investment securities, supplemented by non-interest income items such as bank-owned life insurance income, fees and service charges, and loan fees including prepayment penalties. According to the filing, total interest and dividend income for Q2 2026 was $31,656 thousand, while total interest expense was $11,616 thousand, producing net interest income of $20,040 thousand for the quarter.

The filing reported that income before income tax expense was $9,183 thousand for Q2 2026, compared with $596 thousand in Q2 2025. Income tax expense for Q2 2026 was $2,102 thousand, versus a benefit of $92 thousand in Q2 2025. For the six months ended June 30, 2026, the company reported income before income tax expense of $17,233 thousand and income tax expense of $3,923 thousand, resulting in net income of $13,310 thousand. The filing also noted a reversal of credit losses of $509 thousand for the six-month period ended June 30, 2026, in contrast to a provision of $7,224 thousand for the same period in 2025.

On the balance sheet, total deposits declined to $1,935,692 thousand at June 30, 2026, from $1,976,193 thousand at December 31, 2025. Loans receivable, net of the allowance for credit losses, stood at $1,751,537 thousand at June 30, 2026, down from $1,796,091 thousand at year-end 2025. Total stockholders' equity increased to $279,923 thousand from $270,712 thousand over the same period. The company declared dividends of $0.35 per share during Q2 2026, according to the statement of changes in stockholders' equity.

What Was Disclosed

Princeton Bancorp's 10-Q for the quarter ended June 30, 2026, disclosed consolidated income statements, balance sheet data, equity changes, and earnings per share figures, showing higher net income year-over-year for both the quarter and the six-month period, alongside a reduction in total assets and deposits compared with December 31, 2025.