Princeton Bancorp, Inc. (BPRN)

Princeton Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	103.47	89.28	71	67.35	59.3	56.25
Interest Income on Investments	13.37	8.9	3.09	1.93	2.38	3.47
Total Interest Income	116.84	98.18	74.08	69.28	61.68	59.72
Interest Paid on Deposits	52.31	33.05	6	6.67	12.82	17.78
Interest Paid on Borrowings	-	0.12	0.01	0	0.01	0.48
Total Interest Expense	52.31	33.16	6	6.67	12.83	18.27
Net Interest Income	64.54	65.02	68.08	62.6	48.85	41.45
Net Interest Income Growth (YoY)	-4.04%	-4.50%	8.76%	28.15%	17.85%	1.08%
Gain (Loss) on Sale of Investments	0.04	0.04	0	0.01	0.57	0.03
Other Non-Interest Income	7.87	7.18	4.86	4.66	4.24	3.36
Total Non-Interest Income	7.91	7.43	4.86	4.67	4.81	3.39
Non-Interest Income Growth (YoY)	19.03%	52.71%	4.20%	-2.91%	41.69%	27.42%
Revenues Before Loan Losses	72.44	72.44	72.95	67.27	53.66	44.84
Provision for Loan Losses	5.23	3.11	0.4	3.63	5.23	4.8
Revenue	67.21	69.33	72.55	63.64	48.43	40.04
Revenue Growth (YoY)	-5.53%	-4.43%	13.99%	31.41%	20.95%	-6.89%
Salaries and Employee Benefits	24.76	22.81	19.96	17.15	16.17	14.81
Occupancy Expenses	3.74	3.16	3.07	3.02	2.52	2.16
Federal Deposit Insurance	1.06	0.89	1.01	0.79	0.5	0.08
Amortization of Goodwill & Intangibles	0.5	0.5	0.57	0.64	0.73	0.48
Selling, General & Administrative	13.45	12.55	10.97	9.8	8.93	7.56
Other Non-Interest Expense	3.4	2.91	2.65	2.74	2.29	1.95
Total Non-Interest Expense	47.14	43.06	38.49	34.45	31.14	27.11
EBT Excluding Unusual Items	20.08	26.27	34.05	29.19	17.29	12.93
Other Unusual Items	-	9.7	-	-	-	-
Pretax Income	12.27	30.34	34.05	29.19	17.29	12.3
Income Tax Expense	1.98	4.57	7.56	6.7	3.48	2.16
Net Income	10.3	25.77	26.49	22.49	13.81	10.14
Net Income to Common	10.3	25.77	26.49	22.49	13.81	10.14
Net Income Growth	-62.76%	-2.75%	17.82%	62.87%	36.13%	-31.04%
Basic Shares Outstanding	6	6	6	7	7	7
Diluted Shares Outstanding	6	6	6	7	7	7
Shares Change (YoY)	1.54%	-0.93%	-5.36%	-0.79%	-0.41%	0.35%
EPS (Basic)	1.61	4.10	4.19	3.37	2.04	1.51
EPS (Diluted)	1.59	4.03	4.11	3.30	2.01	1.47
EPS Growth	-63.47%	-1.95%	24.55%	64.18%	36.73%	-31.31%
Dividend Per Share	1.200	1.200	1.000	0.660	0.400	0.190
Dividend Growth	4.35%	20.00%	51.52%	65.00%	110.53%	533.33%
Effective Tax Rate	16.10%	15.07%	22.20%	22.96%	20.15%	17.57%

Source: S&P Capital IQ. Banks template. Financial Sources.