1st Colonial Bancorp, Inc. (FCOB) Reports Q3 EPS of $0.37

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Go back to 1st Colonial Bancorp, Inc. (FCOB) Reports Q3 EPS of $0.37

1st Colonial Bancorp, Inc. Reports Third Quarter 2024 Results

October 22, 2024 4:10 PM EDT

Income Statement Highlights include:

Net income was $1.8 million for the third quarter of 2024 consistent with the same quarter in 2023 and a $115 thousand decrease from the second quarter of 2024. Net interest income for the quarter ended September 30, 2024 was $6.2 million, a decrease of $447 thousand, or 7% from the same period in 2023. Net interest margin for the quarter ended September 30, 2024 was 3.16%, an 8% decrease from the same period in 2023, and a 2% increase from the quarter ended June 30, 2024. Provision for credit losses was $82 thousand for the third quarter of 2024 compared to $126 thousand for the... More