1st Colonial Bancorp, Inc. Reports Record Earnings of $8.5 Million for 2022, a 17% Increase Over 2021

January 24, 2023

Income Statement Highlights include:

Balance Sheet Highlights include:

MOUNT LAUREL, N.J., Jan. 24, 2023 (GLOBE NEWSWIRE) — 1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $2.3 million, or $0.48 per diluted share, for the three months ended December 31, 2022, compared to net income of $1.7 million, or $0.35 per diluted share, for the three months ended December 31, 2021. For the year ended December 31, 2022, net income was $8.5 million, or $1.77 per diluted share, compared to $7.3 million, or $1.47 per diluted share, for the same period in 2021.

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