1st Colonial Bancorp, Inc.: SWOT Analysis & Company Profile

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					1st Colonial Bancorp, Inc.

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1st Colonial Bancorp, Inc.: SWOT Analysis
& Company Profile


Reference code: BRFS204CP10-Q4

Published: Oct 2010




Business Review
John Carpenter House
7 Carmelite Street
London EC4Y 0BS
United Kingdom
Tel: +44 (0) 20 7936 6400
Fax: +44 (0) 20 7336 6813



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1st Colonial Bancorp, Inc. - SWOT Profile                                           Page 1
1st Colonial Bancorp, Inc.

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1st Colonial Bancorp, Inc. - Company Overview

1st Colonial Bancorp, Inc. (1st Colonial) is a holding company of 1st Colonial National Bank. The bank provides various
commercial and consumer financial services to businesses and individuals. It offers commercial and consumer loans of all
types that include real estate loans, residential mortgage loans, home equity loans and lines of credit, auto loans and
other credit products. The deposit services offered by the bank include business and individual demand and time deposit
accounts, negotiable order of withdrawal (NOW) accounts, money market accounts, individual retirement accounts and
holiday accounts. 1st Colonial National Bank is a national bank chartered under the National Bank Act. The bank is
headquartered in Collingswood, New Jersey the US.




1st Colonial Bancorp, Inc. - Key Facts

1st Colonial Bancorp, Inc., Key Facts

                                  1150 Haddon Avenue,

Corporate Address:                Collingswood, New Jersey (NJ), Ticker Symbol, Stock          FCOB (Over The Counter)
                                                                    Exchange
                                  08108, United States


Telephone                         + 1 858 8588195                   No. of Employees           N/A



Fax                               + 1 869 8699336                   Financial Year End         December



URL                               www.1stcolonial.com               Revenue (in USD Million)   N/A



Industry                          Financial Services



Locations                         United States

Source: Annual Report, Company Website, Primary and Secondary Research




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1st Colonial Bancorp, Inc. - SWOT Profile                                                                           Page 2
1st Colonial Bancorp, Inc.

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1st Colonial Bancorp, Inc. - Business Description

1st Colonial Bancorp, Inc. (1st Colonial) is a parent company of 1st Colonial National Bank. The bank provides a wide
range of business and consumer financial services. It offers services for consumers and businesses.

Under the Personal Banking operations, the bank offers several products and services for personal needs. The products
and services offered by the bank in personal banking are personal checking accounts, personal savings accounts,
consumer loans to buy a car, a boat, and to make a home and residential mortgages, home equity loans and lines of
credit, auto loans, and other credit products. The bank offers services through online banking, telephone banking,
automated teller machine (ATM) services, VISA CheckCard, travelers checks, safe deposit boxes, wire transfer, etc. Its
deposit services include demand and time deposit accounts, NOW accounts, money market accounts, individual
retirement accounts, and holiday accounts. The bank offers ATM facility in three locations.

The bank’s Business Banking products and services includes business checking, savings and money market accounts,
certificates of deposit, IOLTA accounts, merchant card services, night depository, bulk cash processing, coin and currency
ordering, commercial mortgages, construction loans, lines of credit and equipment and vehicle financing. It also provides
various convenience oriented services and products, including direct payroll and social security deposit services, bank-by-
mail services, letters of credit, night depository facilities, notary services, courier services and travelers’ checks. In
addition, the bank offers government banking services. The government accounts are opened by the bank as interest
bearing transaction accounts.

The bank is a national bank whose deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The
company’s operations and those of the bank are subject to supervision and regulation by FRB, the FDIC, and the Office of
the Comptroller of the Currency (OCC). It operates through its three New Jersey branch offices located in Collingswood,
Westville, and Cinnaminson. 1st Colonial National Bank’s Residential Lending division offers various home financing
programs that include conventional loan, FHA loans, adjustable rate mortgage, jumbo and home equity loan.




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1st Colonial Bancorp, Inc. - SWOT Profile                                                                         Page 3
1st Colonial Bancorp, Inc.

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1st Colonial Bancorp, Inc. - Major Products and Services

1st Colonial Bancorp, Inc. is the parent company of 1st Colonial National Bank, which provides a wide range of business
and consumer financial services.

1st Colonial Bancorp, Inc., Major Products and Services
Products:

Personal Checking Accounts

Personal Savings Accounts

Consumer Loans

Residential Mortgages

Business Checking Account

Business Money Market Account

IOLTA Accounts

Business Loans

Certificates of Deposit

Visa CheckCard

Services:

Online Banking

Telephone Banking

Merchant Services

Government Banking

Safe Deposit Boxes

Travelers Checks

Automated Teller Machine Services
Source: Annual Report, Company Website, Primary and Secondary Research




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1st Colonial Bancorp, Inc. - SWOT Profile                                                                        Page 4
1st Colonial Bancorp, Inc.

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1st Colonial Bancorp, Inc. - History

1st Colonial Bancorp, Inc., History

    Year                Event type                                                  Description


                                                1st Colonial signed a lease agreement for additional space in the lending and
   2008      Contracts/Agreements
                                                operations center for the executive offices.


   2007      Contracts/Agreements               The bank signed a lease agreement for a new corporate lending and operations center.


   2006      Contracts/Agreements               1st Colonial National Bank became a member of the Federal Home Loan Bank.


   2005      Corporate Changes/Expansions 1st Colonial opened a new branch in Ciimaminson.


   2003      Corporate Changes/Expansions The bank opened a new branch in Westville.


     
				
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