The Bank of Princeton
Princeton, New Jersey, Mercer County
$2.3B in total assets, the 565th largest of 4,309 US banks and 18th of 50 headquartered in New Jersey.
- FDIC certificate
- 58513
- Established
- 2007
- Owned by
- Princeton Bcorp Inc
- Primary regulator
- FDIC
- Website
- WWW.THEBANKOFPRINCETON.COM
At a glance
Compared with 18 banks headquartered in New Jersey with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.3B | 33% | $3.1B | |
| Loans | $1.8B | 44% | $2.0B | |
| Deposits | $1.9B | 39% | $2.6B | |
| Return on assets | 1.20% | 67% | 0.76% | |
| Net interest margin | 3.83% | 83% | 3.21% | |
| Efficiency ratio | 59.6% | 35% | 64.2% | |
| Equity to assets | 12.22% | 78% | 11.34% | |
| Loans to deposits | 91% | 33% | 99% |
Growth
Total assets grew 6.6% a year over the last 5 years and 8.4% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 2024 | Cornerstone Bank Moorestown, NJ | $323M |
| May 2023 | Noah Bank Elkins Park, PA | $242M |
| Sep 2010 | MoreBank Philadelphia, PA | $72M |
Where they operate
36 branches in 13 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Mercer County, NJ | $713M | 3.2% | 10 of 22 |
| Burlington County, NJ | $407M | 2.8% | 10 of 17 |
| Somerset County, NJ | $102M | 0.6% | 18 of 20 |
| Philadelphia County, PA | $101M | 0.1% | 21 of 37 |
| Camden County, NJ | $101M | 0.7% | 17 of 17 |
| Ocean County, NJ | $98M | 0.4% | 16 of 22 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 23 branches since 2016 (13 to 36, +176.9%). 13 opened, 12 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 13 | |||
| 2018 | Opened Cream Ridge | 1 | 0 | +1 | 14 |
| 2019 | Opened 7 in New Jersey | 7 | 0 | +7 | 21 |
| 2020 | Opened 3 in 2 states | 3 | 0 | +3 | 24 |
| 2021 | Closed Princeton | 0 | 1 | −1 | 23 |
| 2023 | Acquired Noah BankOpened Kingston, closed New York | 7 | 1 | +6 | 29 |
| 2024 | Acquired Cornerstone Bank | 6 | 0 | +6 | 35 |
| 2026 through Q2 | Opened Cranbury | 1 | 0 | +1 | 36 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 43% | 33% | |
| Multifamily | 26% | 16% | |
| 1-4 family residential | 15% | 25% | |
| Construction and land | 11% | 5% | |
| Business (C&I) | 3% | 6% | |
| Consumer | 2% | 7% | |
| Other | 0% | 9% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 52% | 54% | |
| Time deposits | 32% | 31% | |
| Noninterest-bearing | 16% | 15% |
Brokered deposits are 0.4% of deposits (peers 7.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.92% | 0.61% |
| Net charge-offs, annualized | -0.03% | 0.02% |
| Reserves to loans | 1.13% | 0.91% |
| Leverage ratio | 11.69% | 10.81% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New Jersey
Largest competitors in Mercer County, NJ
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/bank-princeton-nj