Articles from 1st Colonial Bancorp, Inc.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today announced that its board of directors has approved a stock repurchase program, effective January 30, 2025. Under the stock repurchase program, management is authorized to repurchase up to 3% of the Company’s outstanding shares of common stock, with a total cost not to exceed $2.0 million. As of today, the Company had 4,835,906 shares of common stock outstanding. The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be limited, suspended or terminated at any time without prior notice.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $2.7 million, or $0.55 per diluted share, for the three months ended December 31, 2024, compared to net income of $2.1 million, or $0.44 per diluted share, for the three months ended December 31, 2023. For the year ended December 31, 2024, net income was $8.1 million, or $1.64 per diluted share, compared to $7.4 million, or $1.54 per diluted share, for the same period in 2023.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $1.8 million, or $0.37 per diluted share, for the three months ended September 30, 2024, compared to net income of $1.8 million, or $0.38 per diluted share, for the three months ended September 30, 2023. For the nine months ended September 30, 2024, net income was $5.4 million, or $1.09 per diluted share, compared to $5.3 million, or $1.10 per diluted share, for the same period in 2023.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $2.0 million, or $0.40 per diluted share, for the three months ended June 30, 2024, compared to net income of $2.0 million, or $0.41 per diluted share, for the three months ended June 30, 2023. For the six months ended June 30, 2024, net income was $3.5 million, or $0.72 per diluted share, compared to $3.5 million, or $0.72 per diluted share, for the same period in 2023.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $1.6 million, or $0.32 per diluted share, for the three months ended March 31, 2024, compared to net income of $1.5 million, or $0.31 per diluted share, for the three months ended March 31, 2023.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $2.1 million, or $0.44 per diluted share, for the three months ended December 31, 2023, compared to net income of $2.3 million, or $0.48 per diluted share, for the three months ended December 31, 2022. For the year ended December 31, 2023, net income was $7.4 million, or $1.54 per diluted share, compared to $8.5 million, or $1.76 per diluted share, for the same period in 2022.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $1.8 million, or $0.38 per diluted share, for the three months ended September 30, 2023, compared to net income of $2.6 million, or $0.53 per diluted share, for the three months ended September 30, 2022. For the nine months ended September 30, 2023, net income was $5.3 million, or $1.10 per diluted share, compared to $6.2 million, or $1.29 per diluted share, for the same period in 2022.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today announced that its board of directors has approved a stock repurchase program, effective August 15, 2023. Under the stock repurchase program, management is authorized to repurchase up to 4% of the Company’s outstanding shares of common stock, with a total cost not to exceed $1.4 million. As of today, the Company had 4,712,079 shares of common stock outstanding. The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be limited, suspended or terminated at any time without prior notice.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $2.0 million, or $0.41 per diluted share, for the three months ended June 30, 2023, compared to net income of $2.0 million, or $0.41 per diluted share, for the three months ended June 30, 2022. For the six months ended June 30, 2023, net income was $3.5 million, or $0.72 per diluted share, compared to $3.6 million, or $0.75 per diluted share, for the same period in 2022.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $1.5 million, or $0.31 per diluted share, for the three months ended March 31, 2023, compared to net income of $1.7 million, or $0.34 per diluted share, for the three months ended March 31, 2022.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $2.6 million, or $0.53 per diluted share, for the three months ended September 30, 2022, compared to net income of $2.2 million, or $0.44 per diluted share, for the three months ended September 30, 2021. For the nine months ended September 30, 2022, net income was $6.2 million, or $1.29 per diluted share, compared to $5.5 million, or $1.11 per diluted share, for the same period in 2021.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $2.0 million, or $0.41 per diluted share, for the three months ended June 30, 2022, compared to net income of $1.7 million, or $0.34 per diluted share, for the three months ended June 30, 2021. For the six months ended June 30, 2022, net income was $3.6 million, or $0.75 per diluted share, compared to $3.4 million, or $0.67 per diluted share, for the same period in 2021.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of 1.7 million, or $0.34 per diluted share, for the three months ended March 31, 2022 compared to net income of $1.7 million, or $0.33 per diluted share, for the three months ended March 31, 2021.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $1.7 million, or $0.35 per diluted share, for the three months ended December 31, 2021, compared to net income of $2.2 million, or $0.44 per diluted share, for the three months ended December 31, 2020. For the year ended December 31, 2021, net income was $7.3 million, or $1.47 per diluted share, compared to $4.8 million, or $0.95 per diluted share, for the same period in 2020.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today announced that its board of directors has approved a stock repurchase program, effective November 22, 2021. Under the stock repurchase program, management is authorized to repurchase up to 4% of the Company’s outstanding shares of common stock, with a total cost not to exceed $2.0 million. As of today, the Company had 4,834,532 shares of common stock outstanding. The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be limited, suspended or terminated at any time without prior notice.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $2.2 million, or $0.44 per diluted share, for the three months ended September 30, 2021, compared to net income of $1.3 million, or $0.27 per diluted share, for the three months ended September 30, 2020. For the nine months ended September 30, 2021, net income was $5.5 million, or $1.11 per diluted share, compared to $2.5 million, or $0.51 per diluted share, for the same period in 2020.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, announces the addition of Shelley Simms and Thomas Brugger to the Board of Directors.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $1.7 million, or $0.34 per diluted share, for the three months ended June 30, 2021, compared to net income of $1.2 million, or $0.24 per diluted share, for the three months ended June 30, 2020. For the six months ended June 30, 2021, net income was $3.4 million, or $0.67 per diluted share, compared to $1.2 million, or $0.24 per diluted share, for the same period in 2020.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $1.7 million, or $0.33 per diluted share, for the three months ended March 31, 2021 compared to net income of $5 thousand, or $0.00 per diluted share for the three months ended March 31, 2020.