FILING ANALYSIS · WEDNESDAY, OCTOBER 28
Princeton Bancorp, Inc. BPRN — 8-K: Results of Operations and Financial Condition
neutral
Princeton Bancorp reported net income of $1.0 million for the third quarter, down from $7.1 million in the second quarter due to increased provision for credit losses, but core operations showed underlying strength with $7.0 million in net income excluding non-recurring items. The bank's net loans and total deposits increased by 18.1% and 14.0% on an annualized linked-quarter basis, respectively.
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