Princeton Bancorp Files 2024 10-K, Reports Tax Benefit
Ticker: BPRN · Form: 10-K · Filed: Mar 14, 2025 · CIK: 1913971
| Field | Detail |
|---|---|
| Company | Princeton Bancorp, Inc. (BPRN) |
| Form Type | 10-K |
| Filed Date | Mar 14, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, tax-benefit
TL;DR
PRNB 2024 10-K filed. Tax benefit of $2k vs $13k expense last year. Check Note 2 for asset/liability details.
AI Summary
Princeton Bancorp, Inc. filed its 2024 10-K on March 14, 2025, reporting its fiscal year ended December 31, 2024. The company reported an income tax benefit of approximately $2,000 for 2024, a decrease from the $13,000 income tax expense in 2023. Specific details regarding assets acquired and liabilities assumed are available in Note 2 of the filing.
Why It Matters
This filing provides investors with a comprehensive overview of Princeton Bancorp's financial performance and position for the fiscal year 2024, including details on tax implications and asset/liability management.
Risk Assessment
Risk Level: low — The filing is a standard annual report and does not indicate any immediate or significant new risks.
Key Numbers
- $2,000 — Income Tax Benefit (For the year ended December 31, 2024)
- $13,000 — Income Tax Expense (For the year ended December 31, 2023)
Key Players & Entities
- Princeton Bancorp, Inc. (company) — Filer of the 10-K report
- 2024-12-31 (date) — Fiscal year end date
- 2025-03-14 (date) — Filing date of the 10-K
- $2,000 (dollar_amount) — Income tax benefit for the year ended December 31, 2024
- $13,000 (dollar_amount) — Income tax expense for the year ended December 31, 2023
- Note 2 (document_section) — Reference for details on assets acquired and liabilities assumed
FAQ
What was the net income or loss for Princeton Bancorp for the fiscal year ended December 31, 2024?
The provided excerpt does not contain the net income or loss figure for the fiscal year ended December 31, 2024. It only mentions the income tax benefit.
What specific assets were acquired and liabilities assumed by Princeton Bancorp in the period covered by the 10-K?
The filing states that details of assets acquired and liabilities assumed are in Note 2, but the specific details are not included in this excerpt.
What is the primary business of Princeton Bancorp, Inc. according to the filing?
Princeton Bancorp, Inc. is classified under 'STATE COMMERCIAL BANKS' with SIC code 6022.
When was Princeton Bancorp, Inc. incorporated?
The company was incorporated in Pennsylvania (PA).
What was the change in tax reporting from 2023 to 2024 for Princeton Bancorp?
In 2024, Princeton Bancorp realized an income tax benefit of approximately $2,000, whereas in 2023, it realized an income tax expense of approximately $13,000.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 14, 2025 regarding Princeton Bancorp, Inc. (BPRN).