1st Colonial Bancorp, Inc. (FCOB) Reports Q3 EPS of $0.38

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1st Colonial Bancorp, Inc. Reports Third Quarter 2023 Results

October 24, 2023 4:10 PM EDT

Income Statement Highlights include:

Net interest income for the quarter ended September 30, 2023 was $6.6 million, a decrease of $250 thousand, or 4% from the same period in 2022. Net interest income for nine months ended September 30, 2023 was $20.0 million, an increase of $1.3 million, or 7% from the same period in 2022. Net interest margin for the quarter ended September 30, 2023 was 3.46%, an 8% decrease over the same period in 2022, and down 5% from the quarter ended June 30, 2023. For the first three quarters of 2023 net interest margin was 3.55% compared to 3.60% for the same period in 2022. For the third quarter of 2023,... More