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NJ bank likely to report loss after two office loans sour

Summary by American Banker
Princeton Bancorp, which has $2.3 billion of assets, reported a sizable impairment charge tied to participation loans on a pair of office properties.
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American BankerAmerican Banker

NJ bank likely to report loss after two office loans sour

Princeton Bancorp, which has $2.3 billion of assets, reported a sizable impairment charge tied to participation loans on a pair of office properties.

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American Banker broke the news in on Thursday, May 29, 2025.
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Princeton, New Jersey

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