1st Constitution Bancorp Sample Contracts

1st Constitution Bancorp – Amendment to the By-Laws of 1st Constitution Bancorp, as amended February 21, 2003, October 18, 2007 and March 17, 2016 (February 26th, 2019)
1st Constitution Bancorp – PRESS RELEASE - FOR IMMEDIATE RELEASE 1ST CONSTITUTION BANCORP REPORTS NET INCOME OF $3.3 MILLION FOR THE FOURTH QUARTER AND $12.0 MILLION FOR THE FULL YEAR 2018 AND DECLARES QUARTERLY DIVIDEND OF $0.075 PER SHARE (January 31st, 2019)

Cranbury NJ - January 31, 2019 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $3.3 million for the three months ended December 31, 2018 compared to net income of $574,000 for the three months ended December 31, 2017. Diluted earnings per share were $0.38 for the three months ended December 31, 2018 compared to diluted earnings per share of $0.07 for the three months ended December 31, 2017.

1st Constitution Bancorp – Forward-Looking Statement and Safe Harbor This presentation contains forward- looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. When used in this and in future filings by 1st Constitution Bancorp (the “Company”) with the Securities and Exchange Commission (the “SEC”), in the Company’s press releases and in oral statements made with the approval of an aut (November 5th, 2018)
1st Constitution Bancorp – 1ST CONSTITUTION BANCORP REPORTS RECORD THIRD QUARTER 2018 RESULTS AND INCREASES QUARTERLY DIVIDEND TO $0.075 (October 19th, 2018)

Cranbury NJ - October 19, 2018 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $4.0 million, an increase of 61.4% compared to net income of $2.5 million for the three months ended September 30, 2017. Diluted earnings per share were $0.46 for the three months ended September 30, 2018 compared to diluted earnings per share of $0.30 for the three months ended September 30, 2017.

1st Constitution Bancorp – PRESS RELEASE - FOR IMMEDIATE RELEASE 1ST CONSTITUTION BANCORP REPORTS SECOND QUARTER 2018 RESULTS, SUCCESSFUL INTEGRATION OF NEW JERSEY COMMUNITY BANK AND QUARTERLY DIVIDEND OF $0.06 (July 20th, 2018)

Cranbury NJ - July 20, 2018 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $1.9 million and diluted earnings per share of $0.22 for the three months ended June 30, 2018. For the six months ended June 30, 2018, net income was $4.7 million and diluted earnings per share were $0.56.

1st Constitution Bancorp – EMPLOYMENT AGREEMENT (May 11th, 2018)

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is dated as of May 7, 2018 and is made by and between 1ST CONSTITUTION BANCORP, a New Jersey corporation having its principal place of business at 2650 Route 130 North, Cranbury, New Jersey 08512 (the “Company”) and 1ST CONSTITUTION BANK, a New Jersey commercial bank having its principal place of business at 2650 Route 130 North, Cranbury, New Jersey 08512 (the “Bank”), on one hand and NAQI A. NAQVI, 14 Kipling Way, Manalapan, New Jersey 07726 (the “Employee”), on the other hand.

1st Constitution Bancorp – PRESS RELEASE - FOR IMMEDIATE RELEASE 1ST CONSTITUTION BANCORP REPORTS FIRST QUARTER 2018 RESULTS AND DECLARES QUARTERLY DIVIDEND OF $0.06 PER SHARE (April 20th, 2018)

Cranbury NJ - April 20, 2018 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $2.9 million and diluted earnings per share of $0.34 for the first quarter of 2018 compared to $1.9 million and diluted earnings per share of $0.23 for the first quarter of 2017.

1st Constitution Bancorp – EMPLOYMENT AGREEMENT (March 19th, 2018)

This Employment Agreement (this “Agreement”) is dated as of January 1, 2015 and is made by and between 1st Constitution Bancorp, a New Jersey corporation having its principal place of business at 2650 Route 130 North, Cranbury, New Jersey 08512 (the “Company”) and 1st Constitution Bank, a New Jersey commercial bank having its principal place of business at 2650 Route 130 North, Cranbury, New Jersey 08512 (the “Bank”), on one hand and John T. Andreacio, 410 Sunset Avenue, Haworth, New Jersey 07641 (the “Employee”) on the other hand.

1st Constitution Bancorp – PRESS RELEASE - FOR IMMEDIATE RELEASE 1ST CONSTITUTION BANCORP REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS AND DECLARES QUARTERLY DIVIDEND OF $0.06 PER SHARE (February 5th, 2018)

Cranbury NJ - February 2, 2018 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $574,000 and diluted earnings per share of $0.07 for the three months ended December 31, 2017. For the twelve months ended December 31, 2017, net income was $6.9 million and diluted earnings per share were $0.83.

1st Constitution Bancorp – VOTING AGREEMENT (December 27th, 2017)

This Voting Agreement (this “Agreement”) is dated as of November 6, 2017, among 1st Constitution Bancorp, a New Jersey corporation and registered bank holding company (“1st Constitution”), 1st Constitution Bank, a New Jersey state commercial bank and the wholly-owned banking subsidiary of 1st Constitution (the “Bank”), and certain shareholders of New Jersey Community Bank, a New Jersey state commercial bank (“NJCB”), executing this Agreement on the signature page hereto (each, a “Shareholder” and collectively, the “Shareholders”).

1st Constitution Bancorp – ESCROW AGREEMENT (December 27th, 2017)

WHEREAS, the Shareholders are former shareholders of New Jersey Community Bank (“NJCB”) that did not perfect their dissenters’ rights under Section 17:9A-140 of the New Jersey Banking Act of 1948, as amended, in connection with the merger (the “Merger”) of NJCB with and into 1st Constitution Bank, a New Jersey state commercial bank and the wholly-owned banking subsidiary of 1st Constitution (the “Bank”), contemplated by the Agreement and Plan of Merger, dated as of November 6, 2017 (the “Merger Agreement”), by and among 1st Constitution, the Bank and NJCB;

1st Constitution Bancorp – AMENDED AND RESTATED INDEMNIFICATION AGREEMENT (December 27th, 2017)

This Amended and Restated Indemnification Agreement (this “Agreement”), dated as of [●], 2018, is by and between New Jersey Community Bank, a commercial bank formed under the laws of New Jersey (“the “Company”), and [______________] (“Indemnitee”).

1st Constitution Bancorp – Updated Item 1. Financial Statements. (December 27th, 2017)

Note:    The information contained in this Item has been updated for the classification error as further detailed in the Current Report on Form 8-K filed herewith. This item has not been updated for any other changes since the filing of the 1Q 2017 Form 10-Q. For significant developments since the filing of the 1Q 2017 Form 10-Q, refer to our filings with the SEC.

1st Constitution Bancorp – VOTING AGREEMENT (December 27th, 2017)

This Voting Agreement (this “Agreement”) is dated as of November 6, 2017, among 1st Constitution Bancorp, a New Jersey corporation and registered bank holding company (“1st Constitution”), 1st Constitution Bank, a New Jersey state commercial bank and the wholly-owned banking subsidiary of 1st Constitution (the “Bank”), and [__________________], a shareholder of New Jersey Community Bank, a New Jersey state commercial bank (“NJCB”) (the “Shareholder”).

1st Constitution Bancorp – Updated Item 8. Financial Statements and Supplementary Data. (December 27th, 2017)

Note:    The information contained in this Item has been updated for the classification error as further detailed in the Current Report on Form 8-K filed herewith. This item has not been updated for any other changes since the filing of the 2016 Form 10-K/A. For significant developments since the filing of the 2016 Form 10-K/A, refer to our filings with the SEC.

1st Constitution Bancorp – Updated Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations (December 27th, 2017)

This discussion and analysis of the operating results for the three months ended March 31, 2017 and financial condition at March 31, 2017 is intended to help readers analyze the accompanying financial statements, notes and other supplemental information contained in this document. Results of operations for the three month period ended March 31, 2017 are not necessarily indicative of results to be attained for any other period.

1st Constitution Bancorp – Updated Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations. Note: The information contained in this Item has been updated for the classification error as further detailed in the Current Report on Form 8-K filed herewith. This item has not been updated for any other changes since the filing of the 2016 Form 10-K/A. For significant developments since the filing of the 2016 Form 10-K/A, refer to our filings with the SEC. (December 27th, 2017)

This discussion should be read in conjunction with the consolidated financial statements, notes and tables included elsewhere in this report.  Throughout the following sections, the “Company” refers to 1st Constitution Bancorp and, as the context requires, its wholly-owned subsidiary, 1st Constitution Bank (the “Bank”) and the Bank’s wholly-owned subsidiaries as of December 31, 2016, which were 1st Constitution Investment Company of New Jersey, Inc., FCB Assets Holdings, Inc.,  204 South Newman Street Corp. and 249 New York Avenue, LLC. 1st Constitution Capital Trust II (“Trust II”), a subsidiary of the Company as of December 31, 2016, is not included in the Company’s consolidated financial statements as it is a variable interest entity and the Company is not the primary beneficiary.  The purpose of this discussion and analysis is to assist in the understanding and evaluation of the Company’s financial condition, changes in financial condition and results of operations.

1st Constitution Bancorp – AGREEMENT AND PLAN OF MERGER (November 7th, 2017)

THIS AGREEMENT AND PLAN OF MERGER (the “Agreement”), dated as of November 6, 2017, is by and among 1st Constitution Bancorp, a New Jersey corporation and registered bank holding company (“1st Constitution”), 1st Constitution Bank, a New Jersey state commercial bank and the wholly-owned banking subsidiary of 1st Constitution (the “Bank”), and New Jersey Community Bank, a New Jersey state commercial bank (“NJCB”).  1st Constitution, the Bank and NJCB are sometimes collectively referred to as the “Parties” or individually referred to as a “Party”.  Defined terms are described in Section 9.11 of this Agreement.

1st Constitution Bancorp – Forward Looking Statements and Safe Harbor Cautionary Language Concerning Forward-Looking StatementsInformation set forth in this communication, including financial estimates and statements as to the expected timing, completion and effects of the proposed merger between 1st Constitution Bank (the “Bank”), a wholly-owned subsidiary of 1st Constitution Bancorp (the “Company”), and New Jersey Community Bank (“NJCB”) (the “Merger”), constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and the rules, regulatio (November 6th, 2017)
1st Constitution Bancorp – 1ST CONSTITUTION BANCORP REPORTS THIRD QUARTER 2017 RESULTS INCREASES QUARTERLY DIVIDEND TO $0.06 PER SHARE (October 26th, 2017)

Cranbury NJ - October 26, 2017 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $2.5 million and diluted earnings per share of $0.30 for the three months ended September 30, 2017. For the nine months ended September 30, 2017, net income was $6.4 million and diluted earnings per share were $0.76.

1st Constitution Bancorp – 1ST CONSTITUTION BANCORP RESTRICTED STOCK AGREEMENT FOR NON-EMPLOYEE DIRECTORS (August 10th, 2017)

This RESTRICTED STOCK AGREEMENT (this “Agreement”) is made this _____ day of ___________, 20___ (the “Award Date”) between 1ST CONSTITUTION BANCORP, a New Jersey corporation (the “Company”), and ________________ (the “Participant”). Capitalized terms used in this Agreement but not defined upon their first usage shall have the meanings ascribed to them in the Company’s 2015 Directors Stock Plan, as it may be amended from time to time (the “Plan”).

1st Constitution Bancorp – 1ST CONSTITUTION BANCORP REPORTS SECOND QUARTER 2017 RESULTS (July 21st, 2017)

Cranbury NJ - July 21, 2017 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $1.9 million and diluted earnings per share of $0.23 for the three months ended June 30, 2017. For the six months ended June 30, 2017, net income was $3.9 million and diluted earnings per share were $0.47.

1st Constitution Bancorp – PRESS RELEASE - FOR IMMEDIATE RELEASE (June 23rd, 2017)

Cranbury, NJ - June 23, 2017 - 1ST Constitution Bancorp (NASDAQ: FCCY), parent company of 1ST Constitution Bank, announced that its Board of Directors has declared a cash dividend of $0.05 per common share. The cash dividend will be paid on July 25, 2017 to all shareholders of record as of the close of business on July 3, 2017.

1st Constitution Bancorp – PRESS RELEASE - FOR IMMEDIATE RELEASE 1ST CONSTITUTION BANCORP REPORTS FIRST QUARTER 2017 RESULTS (April 24th, 2017)

Cranbury NJ - April 24, 2017 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $1.9 million and diluted earnings per share of $0.23 for the three months ended March 31, 2017.

1st Constitution Bancorp – THIRD AMENDMENT TO THE AMENDED AND RESTATED EMPLOYMENT AGREEMENT (April 12th, 2017)

THIS THIRD AMENDMENT (this “Third Amendment”) to the Amended and Restated Employment Agreement, dated as of July 1, 2010 (the “2010 Employment Agreement”), by and between 1st Constitution Bancorp, a New Jersey corporation, having its principal place of business at 2650 Route 130 North, Cranbury, New Jersey 08512 (the “Employer”), and Robert F. Mangano (the “Employee”), as amended by the Amendment to the 2010 Employment Agreement, effective as of April 4, 2014 (the “First Amendment”) and the Second Amendment to the 2010 Employment Agreement, as amended, effective as of April 12, 2016 (the “Second Amendment”), each by and between the Employer and the Employee, is effective as of April 7, 2017 (the “Effective Date”).

1st Constitution Bancorp – PRESS RELEASE - FOR IMMEDIATE RELEASE (March 17th, 2017)

Cranbury, NJ - March 17, 2017 - 1ST Constitution Bancorp (NASDAQ: FCCY), parent company of 1ST Constitution Bank, announced that its Board of Directors has declared a cash dividend of $0.05 per common share. The cash dividend will be paid on April 25, 2017 to all shareholders of record of 1ST Constitution Bancorp's common stock as of the close of business on April 3, 2017.

1st Constitution Bancorp – PRESS RELEASE – FOR IMMEDIATE RELEASE (February 21st, 2017)

Cranbury, NJ – February 21, 2017 – 1ST Constitution Bancorp (NASDAQ: FCCY), parent company of 1ST Constitution Bank, announced that its Board of Directors has increased the size of the Board from nine to ten members, effective March 1, 2017, and has elected William J. Barrett to serve as a director, effective as of March 1, 2017, to fill the vacancy on the Board resulting from the increase in the size of the Board.

1st Constitution Bancorp – PRESS RELEASE - FOR IMMEDIATE RELEASE 1ST CONSTITUTION BANCORP REPORTS FOURTH QUARTER AND FULL YEAR 2016 RESULTS (February 2nd, 2017)

Cranbury NJ - February 2, 2017 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $2.1 million and diluted earnings per share of $0.25 for the three months ended December 31, 2016 compared to net income of $1.6 million and diluted earnings per share of $0.20 for the three months ended December 31, 2015. For the year ended December 31, 2016, the Company reported net income of $9.3 million and diluted earnings per share of $1.14 compared to net income of $8.7 million and diluted earnings per share of $1.08 for the year ended December 31, 2015.

1st Constitution Bancorp – PRESS RELEASE – FOR IMMEDIATE RELEASE (December 16th, 2016)

Cranbury, NJ – December 16, 2016 – 1ST Constitution Bancorp (NASDAQ: FCCY), parent company of 1ST Constitution Bank, announced that its Board of Directors has declared a cash dividend of $0.05 per common share. The cash dividend will be paid on January 25, 2017 to all shareholders of record as of the close of business on January 3, 2017.

1st Constitution Bancorp – PRESS RELEASE – FOR IMMEDIATE RELEASE (November 23rd, 2016)

Cranbury, NJ – November 23, 2016- 1ST Constitution Bancorp (NASDAQ: FCCY), parent company of 1ST Constitution Bank, announced that its Board of Directors has increased the size of the Board from eight to nine members, effective January 1, 2017, and has elected Carmen M. Penta to serve as a director, effective as of January 1, 2017, to fill the vacancy on the Board resulting from the increase in the size of the Board.

1st Constitution Bancorp – PRESS RELEASE - FOR IMMEDIATE RELEASE 1ST CONSTITUTION BANCORP REPORTS THIRD QUARTER 2016 RESULTS (October 21st, 2016)

Cranbury NJ - October 21, 2016 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $2.7 million and diluted earnings per share of $0.33 for the three months ended September 30, 2016. For the nine months ended September 30, 2016, the Company reported net income of $7.2 million and diluted earnings per share of $0.89.

1st Constitution Bancorp – PRESS RELEASE – FOR IMMEDIATE RELEASE (September 16th, 2016)

This action represents the first cash dividend declared by 1ST Constitution Bancorp on its common shares. The Company’s Board of Directors determined that it is appropriate at this time to initiate a quarterly cash dividend in light of the Company’s strong financial condition, consistent level of net income, stable capital position and sound asset credit quality.

1st Constitution Bancorp – AMENDED AND RESTATED INDEMNIFICATION AGREEMENT (August 10th, 2016)

This Amended and Restated Indemnification Agreement (this “Agreement”), dated as of April 24, 2013, is by and between Rumson-Fair Haven Bank and Trust Company, a New Jersey commercial bank (the “Company”) and James G. Aaron (“Indemnitee”).

1st Constitution Bancorp – 1ST CONSTITUTION BANCORP RESTRICTED STOCK AGREEMENT FOR NON-EMPLOYEE DIRECTORS (August 10th, 2016)

This RESTRICTED STOCK AGREEMENT (this “Agreement”) is made this _____ day of ___________, 20___ (the “Award Date”) between 1ST CONSTITUTION BANCORP, a New Jersey corporation (the “Company”), and ________________ (the “Participant”). Capitalized terms used in this Agreement but not defined upon their first usage shall have the meanings ascribed to them in the Company’s 2015 Directors Stock Plan, as it may be amended from time to time (the “Plan”).

1st Constitution Bancorp – PRESS RELEASE - FOR IMMEDIATE RELEASE 1ST CONSTITUTION BANCORP REPORTS SECOND QUARTER 2016 RESULTS (July 22nd, 2016)

Cranbury NJ - July 22, 2016 -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income and earnings per share for the second quarter of 2016.