1St Colonial Ban Stock Price, News & Analysis

1st Colonial Bancorp, Inc. (FCOB) is a Pennsylvania corporation and the holding company for 1st Colonial Community Bank. According to company disclosures, the organization is headquartered in Mount Laurel, New Jersey, and its banking subsidiary is headquartered in Collingswood, New Jersey, with branches in Westville, New Jersey and Limerick, Pennsylvania, as well as administrative offices in Mount Laurel, New Jersey. The company operates in the commercial banking industry within the broader finance and insurance sector.

The Bank states that it provides a range of business and consumer financial services and places emphasis on customer service and access to decision makers. As a community bank, 1st Colonial Community Bank focuses on relationships with clients in its regional footprint, combining traditional banking products with local decision-making and personalized service.

Business model and core activities

1st Colonial Bancorp, Inc. generates results primarily through the operations of 1st Colonial Community Bank. The company’s public financial reports describe key sources of income as net interest income and noninterest income. Net interest income is driven by the difference between interest earned on interest-earning assets and interest paid on interest-bearing liabilities, and the company regularly reports its net interest margin as a core performance metric. Interest-earning assets include loan portfolios and investment securities, while interest-bearing liabilities include various categories of deposits and borrowings.

Noninterest income, as described in multiple earnings releases, includes income from the origination and sale of residential mortgages, gains on the sale of Small Business Administration (SBA) loans, and other fee-based and miscellaneous income sources. The company has highlighted the role of its residential mortgage business and SBA loan sales in contributing to fee income across several reporting periods.

Lending and investment activities

Across its recent public financial updates, 1st Colonial Bancorp, Inc. provides detail on its loan portfolio composition and investment activities. The company reports activity in:

• Commercial loans, including commercial real estate and construction lending.
• Residential mortgages, which have been an area of growth in several recent periods.
• Home equity loans and lines of credit, which the company has at times sold in portfolio transactions.
• SBA lending relationships, where the non-guaranteed portions can be subject to charge-offs and the guaranteed portions may be sold for gains.

The company also maintains an investment portfolio that includes U.S. government agency and government-sponsored securities and short-term municipal bond anticipation notes, as described in its earnings releases. Management discusses principal paydowns, maturities, purchases of callable U.S. government agency bonds, and changes in unrealized losses in the investment portfolio as part of its balance sheet and interest income management.

Deposits, funding and capital

1st Colonial Bancorp, Inc. reports that its primary funding sources are deposits and, to a lesser extent, borrowings. The company’s disclosures refer to various deposit categories, including interest checking, savings and money market accounts, retail certificates of deposit, brokered certificates of deposit, municipal deposits, and noninterest-bearing checking accounts. Shifts among these categories, as well as changes in rates paid on deposits, have been a significant factor in reported interest expense.

The company regularly reports regulatory capital measures for its banking subsidiary, including the Tier 1 leverage ratio and total risk-based capital ratio, and characterizes these capital levels as strong in its commentary. It has also reported an allowance for credit losses (ACL) on loans and off-balance sheet commitments, calculated under the current expected credit losses (CECL) framework, and provides ratios of the ACL to total loans and to nonaccrual loans.

Geographic footprint and community banking focus

According to its public announcement of a stock repurchase program, 1st Colonial Bancorp, Inc. is headquartered in Mount Laurel, New Jersey, and 1st Colonial Community Bank is headquartered in Collingswood, New Jersey, with branches in Westville, New Jersey and Limerick, Pennsylvania, plus administrative offices in Mount Laurel, New Jersey. The company describes itself as providing business and consumer financial services with an emphasis on customer service and access to decision makers, reflecting a community banking orientation in its regional markets.

Financial performance themes

In its recent earnings releases, 1st Colonial Bancorp, Inc. has highlighted several recurring themes:

• Net interest margin management: The company reports changes in net interest margin over time, noting the impact of interest rate movements on yields for loans and investments and on rates paid for deposits and other funding.
• Asset quality and credit discipline: Management commentary frequently references asset quality metrics, nonperforming assets, net charge-offs or recoveries, and disciplined underwriting practices. The company reports provisions for credit losses on loans and off-balance sheet commitments and discusses movements in nonaccrual loans and other real estate owned.
• Noninterest income growth: Earnings releases describe growth or changes in noninterest income, particularly from the origination and sale of residential mortgages and from SBA loan sales, as well as one-time items such as payroll tax refunds related to the Employee Retention Credit in certain periods.
• Expense management: The company reports noninterest expense categories such as salaries and benefits, data processing, marketing, professional fees, FDIC assessments, and lending expenses, and discusses efforts to manage operating costs while investing in technology enhancements and personnel.

Capital management and corporate actions

On January 24, 2025, 1st Colonial Bancorp, Inc. announced that its board of directors approved a stock repurchase program, authorizing management to repurchase up to a specified percentage of the company’s outstanding common shares, subject to an overall dollar cap. The company stated that repurchases may be conducted in open market or privately negotiated transactions, including under a Rule 10b5-1 trading plan, and that the program may be modified, extended, or terminated at any time.

In its third quarter 2025 earnings release, the company reported that on September 24, 2025, 1st Colonial Bancorp, Inc. and Mid Penn Bancorp, Inc. entered into an Agreement and Plan of Merger under which Mid Penn Bancorp, Inc. will acquire 1st Colonial Bancorp, Inc. in a cash and stock transaction valued at approximately $101 million. The transaction is described as being subject to customary closing conditions, including regulatory approvals and approval by 1st Colonial shareholders, and is expected to close in late the first quarter or early in the second quarter of 2026. As of the information provided, this merger has been announced but not yet reported as completed.

Trading venue and scale

1st Colonial Bancorp, Inc. is identified in its earnings releases as trading under the symbol FCOB. In the third quarter 2025 release, the company is referenced as OTCPK: FCOB, indicating quotation on the OTC Pink market. The company reports total assets in the hundreds of millions of dollars in recent periods, reflecting the scale of a community and regional-focused banking organization.

Risk management and asset quality

The company provides detailed disclosures on its allowance for credit losses, nonperforming assets, and net charge-offs. It reports provisions for credit losses on both loans and off-balance sheet commitments, and discusses factors such as loan sales, new originations, and movements in specific reserves on individually evaluated loans. Management commentary emphasizes monitoring of portfolio performance, delinquency levels, and potential stress related to economic conditions.

Strategic focus

In multiple public statements, 1st Colonial Bancorp, Inc. highlights its focus on:

• Delivering what it describes as exceptional products and services to clients.
• Maintaining disciplined underwriting and risk management practices.
• Investing in technology enhancements and personnel to support growth and operational efficiency.
• Managing funding costs and operating expenses in response to interest rate and competitive dynamics.

These themes appear consistently in management’s discussion of quarterly and annual results.

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