Banc Funds Co. LLC Has $1.66 Million Stock Position in 1st Colonial Bancorp, Inc. (OTCMKTS:FCOB)

Banc Funds Co. LLC lessened its stake in shares of 1st Colonial Bancorp, Inc. (OTCMKTS:FCOB) by 12.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,144 shares of the company’s stock after selling 16,000 shares during the quarter. Banc Funds Co. LLC owned about 2.26% of 1st Colonial Bancorp worth $1,664,000 at the end of the most recent reporting period.

Separately, Fulton Bank N.A. grew its position in 1st Colonial Bancorp by 120.9% in the 2nd quarter. Fulton Bank N.A. now owns 70,165 shares of the company’s stock valued at $1,088,000 after purchasing an additional 38,396 shares during the period. Institutional investors own 13.44% of the company’s stock.

1st Colonial Bancorp Price Performance

Shares of OTCMKTS FCOB opened at $14.70 on Monday. The stock has a market cap of $70.47 million, a price-to-earnings ratio of 9.61 and a beta of 0.70. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.00 and a current ratio of 1.02. 1st Colonial Bancorp, Inc. has a fifty-two week low of $12.06 and a fifty-two week high of $16.00. The firm’s 50-day simple moving average is $14.93 and its 200 day simple moving average is $15.29.

1st Colonial Bancorp (OTCMKTS:FCOB) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $0.37 earnings per share (EPS) for the quarter. 1st Colonial Bancorp had a return on equity of 10.74% and a net margin of 16.64%. The business had revenue of $7.11 million during the quarter.

About 1st Colonial Bancorp

1st Colonial Bancorp, Inc operates as the bank holding company for 1st Colonial Community Bank that provides a range of business and consumer financial services in New Jersey. The company offers various deposit products, including savings accounts, money market accounts, certificates of deposit, club accounts, and business and personal checking accounts.