Princeton Bancorp, Inc. operates as the bank holding company for The Bank of Princeton, a New Jersey state-chartered commercial bank. The company's business model is centered on traditional community banking, generating revenue primarily through net interest income derived from its loan portfolio and funded by customer deposits. Its lending activities focus heavily on commercial real estate loans, commercial and industrial loans, construction loans, and residential mortgages. The bank also offers various deposit products, including checking, savings, money market accounts, and certificates of deposit. Geographically, Princeton Bancorp operates a network of over 30 branches, predominantly located throughout New Jersey, with additional branches in the Philadelphia, Pennsylvania area and the New York City metropolitan area. The company expanded its footprint and asset base through the acquisition of Cornerstone Financial Corporation in 2024. In a competitive regional banking market, Princeton Bancorp distinguishes itself through its community-focused approach, personalized service, and strong capital position.
