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(OTCBB:FCOB) 1st Colonial Bancorp, Inc. just released some important news.

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M2 PRESSWIRE-5 November 2008-Stockwire.com: (OTCBB:FCOB) 1st Colonial Bancorp, Inc. just released some important news.(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:05112008

(OTCBB:FCOB) 1st Colonial Bancorp, Inc. - 1st Colonial Bancorp Announces Increases in Assets , Loans and Deposits

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COLLINGSWOOD, N.J.-Gerry Banmiller, the President and Chief Executive Officer of 1st Colonial Bancorp, Inc. , holding company of 1st Colonial National Bank, recently announced that the company had grown to $225.6 million in assets at September 30, 2008, an increase of $27.9 million from September 30, 2007, including a $20.0 million increase in loans to $141.3 million. He also announced that deposits were $194.0 million, an increase of $24.2 million or 14.3% from September 30, 2007. Said Banmiller: ?Our growth in 2008, in face of recessionary pressures and other economic challenges, is a positive commentary on the strength of our sound community banking model.?

The company also reported its results of operations for the nine and three month periods ended September 30, 2008. For the nine months, net income was $653,000, an increase of 9.6% or $57,000 from the comparable period...

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