Contact Information: CONTACT: Robert F. Mangano President & Chief Executive Officer (609) 655-4500 Joseph M. Reardon Sr. Vice President & Treasurer (609) 655-4500
1ST Constitution Bancorp Declares a 6 Percent Stock Dividend
| Source: 1ST Constitution Bancorp
CRANBURY, NJ--(Marketwire - December 24, 2007) - 1ST Constitution Bancorp's (NASDAQ : FCCY )
Board of Directors has declared a 6 percent stock dividend to shareholders
of record as of the close of business on January 23, 2008, payable February
6, 2008. Robert F. Mangano, President and Chief Executive Officer, said
that this action represents the sixteenth consecutive year that a stock
dividend has been paid by 1ST Constitution.
1ST Constitution Bancorp and its primary subsidiary, 1ST Constitution Bank,
operate eleven branch banking offices in Cranbury (two), Fort Lee,
Hamilton, Hightstown, Jamesburg, Montgomery, Plainsboro, Perth Amboy,
Princeton, and West Windsor, New Jersey.
1ST Constitution Bancorp is traded on the NASDAQ Global Market under the
trading symbol "FCCY." You can visit our Internet website at
www.1STCONSTITUTION.com
The foregoing contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements are not
historical facts and include expressions about management's confidence and
strategies and management's expectations about new and existing programs
and products, relationships, opportunities, taxation, technology and market
conditions. These statements may be identified by such forward-looking
terminology as "expect," "look," "believe," "anticipate," "may," "will," or
similar statements or variations of such terms. Actual results may differ
materially from such forward-looking statements. Factors that may cause
results to differ materially from such forward-looking statements include,
but are not limited to, changes in the direction of the economy in New
Jersey, the direction of interest rates, effective income tax rates, loan
prepayment assumptions, continued levels of loan quality and origination
volume, continued relationships with major customers including sources for
loans, as well as the effects of general economic conditions and legal and
regulatory barriers and structure. 1st Constitution assumes no obligation
for updating any such forward-looking statements at any time.