Princeton Bancorp Inc (BPRN) Announces Q3 2023 Earnings

Contributing sentiments towards policy:

57% : At September 30, 2023, non-performing assets totaled $6.8 million, an increase of $6.5 million, when compared to the amount at December 31, 2022.
46% : The increase in net income for the third quarter of 2023 when compared to the second quarter of 2023 was primarily due to a decrease of $7.7 million in non-interest expense, a decrease of $2.6 million in its provision for credit losses, and an increase of $1.0 million in net interest income.
46% : The increase was primarily due to an increase of $11.5 million in non-interest income and a $1.8 million decrease in income tax expense, partially offset by an $8.9 million increase in non-interest expense, and a $2.3 million increase in its provision for credit losses.

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