Princeton Bancorp Inc
For the period ended Dec 31, 2023. Filed Mar 25, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 25, 2024
BPRN$44.54+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Income
(Dollars in thousands)
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| NET INCOME | $25,765 | $26,494 |
| Other comprehensive income (loss) | ||
| Unrealized gains (losses) arising during period on securities available-for-sale | 1,651 | (12,723) |
| Reclassification adjustment for losses (gains) realized in income 1 | (39) | (2) |
| Net unrealized gain (loss) | 1,612 | (12,725) |
| Tax effect | (833) | 3,613 |
| Total other comprehensive income (loss) | 779 | (9,112) |
| COMPREHENSIVE INCOME | $26,544 | $17,382 |
| 1 | Amounts are included in gain on call/sale of securities available-for-sale on the Consolidated Statements of Income as a separate element within total non-interest income. An income tax expense of approximately $13,000 was realized during 2023. There was no income tax expense or benefit during 2022. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.