1st Constitution bank logo1st Constitution Bancorp serves as the bank holding company for its wholly owned subsidiary 1st Constitution Bank (the Bank). It is headquartered in Cranbury, New Jersey and operates ten additional branch offices in downtown Cranbury, Fort Lee, Hamilton Square, Hightstown, Jamesburg, Montgomery, Perth Amboy, Plainsboro, West Windsor, and Princeton, New Jersey. The Bank’s investment securities portfolio amounted to 23% of total assets as of December 31, 2007. It is a publicly traded company listed on the NASDAQ.

In late December 2008 the Bank announced its participation in the Treasury Department’s Capital Purchase Program. According to a statement regarding the Treasury program, the Bank’s participation was voluntary, the Bank continues to be well capitalized, and in part the proceeds under the program would be used for “general corporate purposes.”  


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: 1st Constitution Bancorp

 

Federal Equity Investment

$12 million

Total Revenue

$32.93 million (2007)

Net Income

$5.443 million (2007)

Number of Employees

100

Corporate Headquarters

Cranbury, New Jersey

Business Sector

Banking

Officers and Directors

Mangano, Robert, President, Chief Executive Officer; 1st Constitution Bank, Director
Crow, Charles, Chairman of the Board

Other Officers and Directors

Corporate Website

http://www.1stconstitution.com/

Executive Compensation

1st Constitution Bancorp

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

►Financial Documents

2008-12-23 1st Constitution 8K

2008 1st Constitution Proxy

2008-09-30 1st Constitution 10Q

2007 1st Constitution 10K

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Third Quarter 2008

No lobbying records located.

Political Contributions

No political contributions located

Related Articles

January 9, 2008 Seeing What Sticks (APP.com)

December 23, 2008 1ST Constitution Bancorp Completes Sale of $12 Million in Fixed Rate Cumulative Perpetual Preferred Stock and Common Stock Warrant to the U.S. Treasury (press release)

December 22, 2008 1ST Constitution Bancorp Declares a 5 Percent Stock Dividend (press release)

 

Last Updated January 27, 2009

Share This Story!

Related Posts