1st Colonial Bancorp Announces 5% Stock Dividend

  
    
  
  
    
      The Board of Directors of 1st Colonial Bancorp, Inc. (OTCBB:FCOB) today 
      declared a five percent stock dividend to the company's shareholders. 
      The dividend will be distributed on all issued and outstanding shares 
      held of record as of April 1, 2009 and will be payable on April 15, 
      2009. Accordingly, each shareholder as of the record date will receive 
      one share of common stock for every 20 shares of common stock that they 
      own on that date, plus an additional share in lieu of any fractional 
      share payable to the shareholder.
    
    
      1st Colonial's President and Chief Executive Officer, Gerard M. 
      Banmiller, stated: “We are once again pleased to announce another stock 
      dividend to our shareholders in appreciation for their support. The 
      capital that our shareholders have provided since our formation in June 
      2000 has allowed us to grow to over $225 million in assets as of 
      September 30, 2008. Through the first three quarters of 2008, our 
      earnings increased by 9.6% over the same period in 2007. We are 
      anticipating the completion of our tenth consecutive year of growth in 
      2008.”
    
    
      Banmiller continued, “We live in southern New Jersey and we work in 
      southern New Jersey. That connection creates great pride in our 
      community and our Bank, and provides extra incentive to render superior 
      customer service to you. This connection is something that our big bank 
      competitors do not have or understand.”
    
    
      1st Colonial Bancorp, Inc. is the holding company for 1st Colonial 
      National Bank, a commercial bank headquartered in Collingswood, New 
      Jersey. This Release contains forward-looking statements that are not 
      historical facts and include statements about management’s strategies 
      and expectations about our business. There are risks and uncertainties 
      that may cause our actual results and performance to be materially 
      different from results indicated by these forward-looking statements. 
      Factors that might cause a difference include deteriorating economic 
      conditions; changes in interest rates, deposit flows, loan demand, and 
      real estate values; competition; unexpected loan losses; changes in 
      accounting principles, policies or guidelines; changes in laws or 
      regulation; new technology and other factors affecting our operations, 
      pricing, products and services.