1st Colonial Bancorp Announces 5% Stock Dividend

On November 21, 2012, the Board of Directors of 1st Colonial Bancorp, Inc. (OTCBB: FCOB) 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, 2013 and will be payable on April 15, 2013. 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 pleased to announce a stock dividend to our shareholders in appreciation for their support. Through the cooperative effort of the board, the officers and the employees of the Bank, net income for nine months ended September 30, 2012 was $1,039,000 ($.33 per share). This compares favorably with the similar period ending September 30, 2011 of $573,000 ($.18 per share) and reflects an increase of $466,000 or 81.3%. We could not have achieved such excellent results without the capital provided by our shareholders.”

1st Colonial Bancorp, Inc. is the holding company for 1st Colonial Community 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.