XML 33 R27.htm IDEA: XBRL DOCUMENT v3.25.2

Fair Value Measurements and Disclosures (Tables)

6 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Summary Of Financial Assets Measured At Fair Value On Recurring Basis

For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at June 30, 2025 were as follows:

		(Level 1)
		Quoted Price				(Level 2)
		in Active				Significant				(Level 3)				Total Fair
		Markets for				Other				Significant				Value
		Identical				Observable				Unobservable				June 30,
Description		Assets				Inputs				Inputs				2025
		(In thousands)
Mortgage-backed securities -U.S. government sponsored enterprise (GSEs)		$	—			$	170,445			$	—			$	170,445
U.S. government agency securities			—				10,341				—				10,341
Obligations of state and political subdivisions			—				39,587				—				39,587
Small Business Association (SBA) securities			—				1,487				—				1,487
U.S. treasury securities			2,903				—				—				2,903
Mortgage servicings rights			—				835				—				835

For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy, used at December 31, 2024 were as follows:

		(Level 1)
		Quoted Price				(Level 2)
		in Active				Significant				(Level 3)				Total Fair
		Markets for				Other				Significant				Value
		Identical				Observable				Unobservable				December 31,
Description		Assets				Inputs				Inputs				2024
		(In thousands)
Mortgage-backed securities -U.S. government sponsored enterprise (GSEs)		$	—			$	190,545			$	—			$	190,545
U.S. government agency securities			—				10,200				—				10,200
Obligations of state and political subdivisions			—				39,730				—				39,730
Small Business Association (SBA) securities			—				1,857				—				1,857
U.S. treasury securities			4,839				—				—				4,839
Mortgage servicings rights			—				1,060				—				1,060

Summary Of Financial Assets Measured At Fair Value On NonRecurring Basis

For assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at December 31, 2024, were as follows:

		(Level 1)
		Quoted Price				(Level 2)
		in Active				Significant				(Level 3)				Total Fair
		Markets for				Other				Significant				Value
		Identical				Observable				Unobservable				December 31,
Description		Assets				Inputs				Inputs				2024
		(In thousands)
Collateral dependent loan		$	—			$	—			$	16,223			$	16,223
Other real estate owned1											295				295
		$	—			$	—			$	16,518			$	16,518

1  The Bank charged off approximately $197,000 during the year ended December 31, 2024, prior to the property being transferred to other real estate owned.

Summary Of Quantitative Information Using Level 3 Fair Value Measurements

The following table presents quantitative information using Level 3 fair value measurements at December 31, 2024.

Range

December 31,

Valuation

Unobservable

(Weighted

Description

2024

Technique

Input

Average)

(Dollars in thousands)

Collateral dependent loan

$

16,223

Collateral

1

Discount adjustment

12.0% 12.0%

Other real estate owned2

$

295

Collateral

1

Discount adjustment

0.0% 0.0%

1  Fair value is generally determined through independent appraisal of the underlying collateral, primarily using comparable sales.

2  The other real estate owned was written down to the estimated net realizable value.

Summary Of Carrying Amounts And Estimated Fair Value Of Financial Instruments

The carrying amounts and estimated fair value of financial instruments at June 30, 2025 are as follows:

		June 30, 2025
		Carrying				Estimated
		Amount				Fair Value				Level 1				Level 2				Level 3
		(In thousands)
Financial Assets:
Cash and cash equivalents		$	21,094			$	21,094			$	21,094			$	—			$	—
Securities available-for-sale at fair value			224,763				224,763				2,903				221,860				—
Securities held-to-maturity			157				158				—				158				—
Loans receivable, net			1,818,214				1,838,173				—				—				1,838,173
Restricted investments in bank stock			2,816				2,816				—				2,816				—
Accrued interest receivable			7,868				7,868				—				7,868				—
Equity method investments			12,103				12,103				—				7,520				4,583
Mortgage servicing rights			835				835				—				835				—
Financial Liabilities:
Deposits		$	1,932,372				1,831,226			$	—			$	1,831,226			$	—
Borrowings			10,000				10,002				—				10,002				—
Accrued interest payable			9,655				9,655				—				9,655				—

The carrying amounts and estimated fair value of financial instruments at December 31, 2024 are as follows:

		December 31, 2024
		Carrying				Estimated
		Amount				Fair Value				Level 1				Level 2				Level 3
		(In thousands)
Financial Assets:
Cash and cash equivalents		$	117,348			$	117,348			$	117,348			$	—			$	—
Securities available-for-sale at fair value			247,171				247,171				4,389				242,782				—
Securities held-to-maturity			161				162				—				162				—
Loans receivable, net			1,795,218				1,798,302				—				—				1,798,302
Restricted investments in bank stock			2,075				2,075				—				2,075				—
Accrued interest receivable			7,975				7,975				—				7,975				—
Equity method investments			11,160				11,160				—				6,850				4,310
Mortgage servicing rights			1,060				1,060				—				1,060				—
Financial Liabilities:
Deposits		$	2,032,625				1,934,884			$	—			$	1,934,884			$	—
Accrued interest payable			15,401				15,401				—				15,401				—

X

- Definition

Schedule of carrying values and estimated fair values of financial instruments table text block.

+ References

No definition available.

+ Details

Name:	bprn_ScheduleOfCarryingValuesAndEstimatedFairValuesOfFinancialInstrumentsTableTextBlock
Namespace Prefix:	bprn_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 103
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-103

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration