Princeton Bancorp, Inc.
For the period ended Dec 31, 2024. Filed Mar 14, 2025.
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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.
FY2024 · Filed Mar 14, 2025
BPRN$44.54+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income
(Dollars in thousands)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| NET INCOME | $10,242 | $25,765 |
| Other comprehensive income (loss) | ||
| Unrealized losses arising during period on securities available-for-sale | (2,511) | 1,651 |
| Reclassification adjustment for losses (gains) realized in income 1 | 7 | (39) |
| Net unrealized (loss) income | (2,504) | 1,612 |
| Tax effect | 1,057 | (833) |
| Total other comprehensive (loss) income | (1,447) | 779 |
| COMPREHENSIVE INCOME | $8,795 | $26,544 |
| 1 | Amounts are included in (loss) 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 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. |
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