Prudential Bancorp of Pennsylvania Inc is a stock holding company for Prudential Savings Bank (the Bank), a Pennsylvania-chartered, FDIC insured savings bank. The mutual-to-stock conversion was completed on October 9, 2013. The Company’s business activities consist of the ownership of the Bank’s common stock, and the management of the offering proceeds it retained. As a bank holding company, Prudential Bancorp is subject to the regulation of the Board of Governors of the Federal Reserve System. The Company’s results of operations are primarily dependent on the results of the Bank. As of September 30, 2013, the Company, on a consolidated basis, had total assets of approximately $607.9 million, total deposits of approximately $542.7 million, and total stockholders’ equity of approximately $59.9 million.