Princeton Bancorp is the holding company for The Bank of Princeton, a community bank serving a roughly 50-mile radius around Princeton, NJ, with additional reach into the Philadelphia metro area and parts of New York City. The bank operates 33 branches across eight New Jersey counties and parts of Pennsylvania. The Bank of Princeton runs a straightforward community banking model: it takes in deposits and makes loans, earning net interest income on the spread between deposit costs and loan yields. Commercial real estate dominates the loan portfolio at nearly 74% of total loans, targeting small office buildings, strip shopping centers, and apartment buildings. The remainder of the portfolio is split among construction loans, residential mortgages, C&I loans to small and mid-sized businesses, and consumer lending. The bank raises deposits through checking, savings, money market, and CD accounts, and funds itself entirely through deposits and equity, with no outstanding borrowings. Non-interest-bearing deposits represent about 15% of the deposit base, making deposit mix a key profitability driver. The bank has grown largely through acquisitions, including Noah Bank in 2023 and Cornerstone Bank in 2024, which expanded its branch footprint and deposit base into Philadelphia, southern New Jersey, and the New York City metro area. The bank competes on relationship banking, targeting customers who value personalized service and local expertise.