----

----

**FORM      10-Q**

| x | QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|---|---------------------------------------------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|
|   | For              the quarterly period ended September 30, 2007 |
|--------|----------------------------------------------------------------|
|   | or |
|--------|----|
|   |   |
|--------|--------|
| o | TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|---|----------------------------------------------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|

|   |                     For the transition period from |   |  to |   |   |
|--------|------------------------------------------------------------------------|--------|----------|--------|--------|

|                                                                                     |
|------------------------------------------------------------------------------------------|
|  Commission                  file Number:  000-32891                      |
|                                                                                     |
| **1ST                  CONSTITUTION BANCORP**                                            |
| (Exact                  Name of Registrant as Specified in Its                  Charter) |

| New                Jersey                                                                   |   | 22-3665653                                          |
|---------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|
| (State                of Other Jurisdictionof                Incorporation or Organization) |   | (I.R.S.                Employer Identification No.) |

| 2650                Route 130, P.O. Box 634, Cranbury, NJ |   | 08512                     |
|-----------------------------------------------------------|--------|---------------------------|
| (Address                of Principal Executive Offices)   |   | (Zip                Code) |

|   | (609)                655-4500                                                   |
|--------|--------------------------------------------------------------------------------------|
|   |  (Issuer's                Telephone Number, Including Area                Code) |

|                                                                                                             |
|------------------------------------------------------------------------------------------------------------------|
| (Former                name, former address and former fiscal year, if changed since last                report) |

----

----

----

|                           |   | 1ST                  CONSTITUTION BANCORP                                                                 |   |       |
|--------------------------------|--------|-----------------------------------------------------------------------------------------------------------|--------|------------|
|                           |   |                                                                                                      |   |       |
|                           |   | FORM                  10-Q                                                                           |   |       |
|                           |   |                                                                                                      |   |       |
|                           |   | INDEX                                                                                                |   |       |
|                           |   |                                                                                                      |   |       |
|                           |   |                                                                                                      |   |       |
| PART                  I.  |   | FINANCIAL                  INFORMATION                                                               |   | Page  |
|                           |   |                                                                                                      |   |       |
| Item                  1.  |   | Financial                  Statements                                                                     |   |       |
|                           |   |                                                                                                      |   |       |
|                           |   | Consolidated                  Balance                  Sheets                                        |   |       |
|                           |   | as                  of September 30, 2007                  (unaudited)                               |   |       |
|                           |   | and                  December 31, 2006                                                               |   | 1     |
|                           |   |                                                                                                      |   |       |
|                           |   | Consolidated                  Statements of                  Income                                  |   |       |
|                           |   | for                  the Three Months and Nine                  Months Ended                         |   |       |
|                           |   | September                  30, 2007 (unaudited)                  and September 30, 2006 (unaudited)  |   | 2     |
|                           |   |                                                                                                      |   |       |
|                           |   | Consolidated                  Statements of                  Changes in Shareholders’ Equity   |   |       |
|                           |   | for                  the Nine Months                  Ended                                          |   |       |
|                           |   | September                  30, 2007 (unaudited)                  and September 30, 2006 (unaudited)  |   | 3     |
|                           |   |                                                                                                      |   |       |
|                           |   | Consolidated                  Statements of Cash                  Flows                              |   |       |
|                           |   | for                  the Nine Months                  Ended                                          |   |       |
|                           |   | September                  30, 2007 (unaudited)                  and September 30, 2006 (unaudited)  |   | 4     |
|                           |   |                                                                                                      |   |       |
|                           |   | Notes                  to Consolidated Financial                  Statements (unaudited)             |   | 5     |
|                           |   |                                                                                                      |   |       |
| Item                  2.  |   | Management’s                  Discussion and                  Analysis of Financial Condition  |   |       |
|                           |   | and                  Results of                  Operations                                          |   | 12    |
|                           |   |                                                                                                      |   |       |
| Item                  3.  |   | Quantitative                  and Qualitative                  Disclosures About Market Risk         |   | 27    |
|                           |   |                                                                                                      |   |       |
| Item                  4.  |   | Controls                  and                  Procedures                                            |   | 28    |
|                           |   |                                                                                                      |   |       |
| PART                  II  |   | OTHER                  INFORMATION                                                                   |   |       |
|                           |   |                                                                                                      |   |       |
| Item                  2.  |   | Unregistered                  Sales of Equity                  Securities and Use of Proceeds        |   | 29    |
|                           |   |                                                                                                      |   |       |
| Item                  6.  |   | Exhibits                                                                                             |   | 30    |
|                           |
| SIGNATURES                |   |                                                                                                      |   | 31         |

----

**PART      I.   FINANCIAL      INFORMATION**

**Item      1.            Financial      Statements**

**1st      Constitution Bancorp and Subsidiaries**

**Consolidated      Balance Sheets**

|                                                                                                                                                                                                                                                                                                                                    |   | September                30, 2007 |        |   | December                31, 2006 |    |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------|-------------|--------|----------------------------------|---------|
| **ASSETS**                                                                                                                                                                                                                                                                                                                              |   | **(unaudited)**                   |        |   |                             |    |
| CASH                AND DUE FROM BANKS                                                                                                                                                                                                                                                                                                  |   |  $                           | 8,743,801   |   |                             |  $ | 10,336,334 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| FEDERAL                FUNDS SOLD / SHORT-TERM INVESTMENTS                                                                                                                                                                                                                                                                              |   |                              | 818,988     |   |                             |    | 25,478 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
|          Total                cash and cash equivalents                                                                                                                                                                                                                                    |   |                              | 9,562,789   |   |                             |    | 10,361,812 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| INVESTMENT                SECURITIES:                                                                                                                                                                                                                                                                                                   |   |                              |        |   |                             |    |   |   |
|          Available                for sale, at fair value                                                                                                                                                                                                                                  |   |                              | 79,815,933  |   |                             |    | 70,421,328 |   |
| Held                to maturity (fair value of $25,825,988 and $19,164,679 in                2007               and                2006, respectively)                                                                                                       |   |                              | 26,111,786  |   |                             |    | 19,254,476 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
|                    Total                investment securities                                                                                                                                                                            |   |                              | 105,927,719 |   |                             |    | 89,675,804 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| LOANS                HELD FOR SALE                                                                                                                                                                                                                                                                                                      |   |                              | 12,701,546  |   |                             |    | 13,608,942 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| LOANS                                                                                                                                                                                                                                                                                                                                   |   |                              | 287,132,871 |   |                             |    | 265,142,313 |   |
|           Less-                Allowance for loan losses                                                                                                                                                                                                                              |   |                              | (3,318,080  | )      |                             |    | (3,228,360 | ) |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
|                    Net                loans                                                                                                                                                                                              |   |                              | 283,814,791 |   |                             |    | 261,913,953 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| PREMISES                AND EQUIPMENT, net                                                                                                                                                                                                                                                                                              |   |                              | 2,912,316   |   |                             |    | 3,033,618 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| ACCRUED                INTEREST RECEIVABLE                                                                                                                                                                                                                                                                                              |   |                              | 2,649,942   |   |                             |    | 2,235,671 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| BANK                - OWNED LIFE INSURANCE                                                                                                                                                                                                                                                                                              |   |                              | 9,453,435   |   |                             |    | 9,179,408 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| OTHER                ASSETS                                                                                                                                                                                                                                                                                                             |   |                              | 3,119,576   |   |                             |    | 2,668,338 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| Total                assets                                                                                                                                                                                                                                                                                                             |   |  $                           | 430,142,114 |   |                             |  $ | 392,677,546 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| **LIABILITIES                AND SHAREHOLDERS’ EQUITY**                                                                                                                                                                                                                                                                           |   |                              |        |   |                             |    |   |   |
| LIABILITIES:                                                                                                                                                                                                                                                                                                                            |   |                              |        |   |                             |    |   |   |
|          Deposits                                                                                                                                                                                                                                                                          |   |                              |        |   |                             |    |   |   |
|                    Non-interest                bearing                                                                                                                                                                                   |   |  $                           | 57,674,845  |   |                             |  $ | 64,305,445 |   |
|                    Interest                bearing                                                                                                                                                                                       |   |                              | 275,270,212 |   |                             |    | 248,418,977 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
|                              Total                deposits                                                                                                                             |   |                              | 332,945,057 |   |                             |    | 312,724,422 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| BORROWINGS                                                                                                                                                                                                                                                                                                                              |   |                              | 33,300,000  |   |                             |    | 17,200,000 |   |
| REDEEMABLE  SUBORDINATED                DEBENTURES                                                                                                                                                                                                                                                                            |   |                              | 18,557,000  |   |                             |    | 23,712,000 |   |
| ACCRUED                INTEREST PAYABLE                                                                                                                                                                                                                                                                                                 |   |                              | 2,135,717   |   |                             |    | 1,957,574 |   |
| ACCRUED                EXPENSES AND OTHER LIABILITIES                                                                                                                                                                                                                                                                                   |   |                              | 3,483,730   |   |                             |    | 1,886,980 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
|                               Total                liabilities                                                                                                                    |   |                              | 390,421,504 |   |                             |    | 357,480,976 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| COMMITMENTS                AND CONTINGENCIES                                                                                                                                                                                                                                                                                            |   |                              |        |   |                             |    |   |   |
|  SHAREHOLDERS’                EQUITY:                                                                                                                                                                                                                                                                                        |   |                              |        |   |                             |    |   |   |
| Common                stock, no par value; 30,000,000 shares authorized; 3,745,162 and                3,742,860   shares                issued and 3,744,439 and 3,742,662 shares outstanding as of September                30,                2007   and                December 31, 2006, respectively |   |                              | 28,968,434  |   |                             |    | 28,886,105 |   |
| Retained                earnings                                                                                                                                                                                                                                                                                                        |   |                              | 11,709,456  |   |                             |    | 7,290,916 |   |
| Treasury                Stock, shares at cost, 723 shares and 198 shares at      September                30, 2007 and December 31, 2006, respectively                                                                                                                                                    |   |                              | (12,108     | )      |                             |    | (3,545 | ) |
| Accumulated                other comprehensive loss                                                                                                                                                                                                                                                                                     |   |                              | (945,172    | )      |                             |    | (976,906 | ) |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
|                                Total                shareholders’ equity                                                                                               |   |                              | 39,720,610  |   |                             |    | 35,196,570 |   |
|                                                                                                                                                                                                                                                                                                                                    |   |                              |        |   |                             |    |   |   |
| Total                liabilities and shareholders’ equity                                                                                                                                                                                                                                                                         |   |  $                           | 430,142,114 |   |                             |  $ | 392,677,546 |   |
|  See                accompanying notes to consolidated financial                statements.                                                                                                                                                                                                                                        |   |                              |        |   |                             |    |   |   |

----

| **1ST                Constitution Bancorp and Subsidiaries**                                                                                                                       |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| **Consolidated                Statements of Income**                                                                                                                               |   |
| **(Unaudited)**                                                                                                                                                                    |   |
|                                                                                                                                                                               |   |                Three                months ended September 30, |   |   |                Nine                months ended September 30, |   |
| **INTEREST                INCOME**                                                                                                                                                 |   | 2007 |   |   | 2006 |   |   | 2007 |   |   | 2006 |   |
| Loans,                including fees                                                                                                                                               |   |  $ | 6,493,304 |   |   |  $ | 6,082,710 |   |   |  $ | 18,753,870 |   |   |  $ | 17,081,882 |   |
| Securities                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Taxable                                                                                                                                                                            |   |   | 1,098,844 |   |   |   | 916,025 |   |   |   | 3,175,138 |   |   |   | 2,517,931 |   |
| Tax-exempt                                                                                                                                                                         |   |   | 225,503 |   |   |   | 146,864 |   |   |   | 657,862 |   |   |   | 454,707 |   |
| Federal                funds sold and short-term investments                                                                                                                       |   |   | 8,087 |   |   |   | 17,674 |   |   |   | 73,510 |   |   |   | 51,012 |   |
| Total                interest income                                                                                                                                               |   |   | 7,825,738 |   |   |   | 7,163,273 |   |   |   | 22,660,380 |   |   |   | 20,105,532 |   |
|                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **INTEREST                EXPENSE**                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deposits                                                                                                                                                                           |   |   | 2,486,055 |   |   |   | 1,804,271 |   |   |   | 7,137,521 |   |   |   | 4,678,610 |   |
| Securities                sold under agreement to repurchase                             and other borrowed funds |   |   | 498,681 |   |   |   | 414,918 |   |   |   | 1,131,093 |   |   |   | 1,372,051 |   |
| Redeemable                subordinated debentures                                                                                                                                  |   |   | 322,460 |   |   |   | 434,564 |   |   |   | 1,101,034 |   |   |   | 702,116 |   |
| Total                interest expense                                                                                                                                              |   |   | 3,307,196 |   |   |   | 2,653,753 |   |   |   | 9,369,648 |   |   |   | 6,752,777 |   |
| Net                interest income                                                                                                                                                 |   |   | 4,518,542 |   |   |   | 4,509,520 |   |   |   | 13,290,732 |   |   |   | 13,352,755 |   |
| Provision                for loan losses                                                                                                                                           |   |   | 30,000 |   |   |   | 100,000 |   |   |   | 100,000 |   |   |   | 440,000 |   |
| Net                interest income after provision for loan losses                                                                                                                 |   |   | 4,488,542 |   |   |   | 4,409,520 |   |   |   | 13,190,732 |   |   |   | 12,912,755 |   |
|                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **NON-INTEREST                INCOME**                                                                                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Service                charges on deposit accounts                                                                                                                                 |   |   | 168,578 |   |   |   | 152,737 |   |   |   | 493,614 |   |   |   | 506,338 |   |
| Gain                on sale of loans                                                                                                                                               |   |   | 183,750 |   |   |   | 337,614 |   |   |   | 604,268 |   |   |   | 831,233 |   |
| Losses                on sales of investment securities, net                                                                                                                       |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (99,714 | ) |
| Income                on bank-owned life insurance                                                                                                                                 |   |   | 95,446 |   |   |   | 108,138 |   |   |   | 274,027 |   |   |   | 271,672 |   |
| Other                income                                                                                                                                                        |   |   | 197,932 |   |   |   | 159,196 |   |   |   | 565,961 |   |   |   | 452,451 |   |
| Total                non-interest income                                                                                                                                           |   |   | 645,706 |   |   |   | 757,685 |   |   |   | 1,937,870 |   |   |   | 1,961,980 |   |
|                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **NON-INTEREST                EXPENSE**                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Salaries                and employee benefits                                                                                                                                      |   |   | 1,760,120 |   |   |   | 1,697,756 |   |   |   | 5,210,132 |   |   |   | 5,095,737 |   |
| Occupancy                expense                                                                                                                                                   |   |   | 429,330 |   |   |   | 410,304 |   |   |   | 1,226,274 |   |   |   | 1,107,431 |   |
| Other                operating expenses                                                                                                                                            |   |   | 768,910 |   |   |   | 1,035,612 |   |   |   | 2,365,493 |   |   |   | 3,138,835 |   |
| Total                non-interest expenses                                                                                                                                         |   |   | 2,958,360 |   |   |   | 3,143,672 |   |   |   | 8,801,899 |   |   |   | 9,342,003 |   |
|       Income                before income taxes                                                                                                      |   |   | 2,175,888 |   |   |   | 2,023,533 |   |   |   | 6,326,703 |   |   |   | 5,532,732 |   |
| **INCOME                TAXES**                                                                                                                                                    |   |   | 660,552 |   |   |   | 644,417 |   |   |   | 1,908,162 |   |   |   | 1,541,594 |   |
| Net                income                                                                                                                                                          |   |  $ | 1,515,336 |   |   |  $ | 1,379,116 |   |   |  $ | 4,418,541 |   |   |  $ | 3,991,138 |   |
|                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **NET                INCOME PER SHARE**                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                                                                                                                              |   |  $ | 0.40 |   |   |  $ | 0.38 |   |   |  $ | 1.18 |   |   |  $ | 1.09 |   |
| Diluted                                                                                                                                                                            |   |  $ | 0.40 |   |   |  $ | 0.36 |   |   |  $ | 1.17 |   |   |  $ | 1.06 |   |
|                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| See                accompanying notes to consolidated financial statements.                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| **1st                  Constitution Bancorp and Subsidiaries**                                                                                                                                                             |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **Consolidated                  Statements of Changes in Shareholders’ Equity**                                                                                                                                      |
| **For                  the Nine Months Ended September 30, 2007 and 2006****(unaudited)**                                                                                                                                  |
|                                                                                                                                                                                                                       |   | CommonStock |   |   | RetainedEarnings |   |   | TreasuryStock |   |   | AccumulatedOtherComprehensive(Loss)                  Income |   |   | TotalShareholders’Equity |   |
| BALANCE,                  December 31, 2005                                                                                                                                                                                |   |  $ | 25,589,320 |   |   |  $ | 5,981,803 |   |   |  $ | (1,008,998 | ) |   |  $ | (765,258 | ) |   |  $ | 29,796,867 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Exercise                  of stock options, net and      issuance                  of vested shares under      employee                  benefit programs      |   |   | (811,566 | ) |   |   |   |   |   |   | 1,295,041 |   |   |   |   |   |   |   | 483,475 |   |
| FAS                  123R share-based compensation                                                                                                                                                                         |   |   | 69,638 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 69,638 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Treasury                  Stock, shares purchased at cost                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   | (292,741 | ) |   |   |   |   |   |   | (292,741 | ) |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Adjustment                  to initially apply FASB       Statement                  No. 158 (net of tax benefit       of                  $257,160) |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (499,194 | ) |   |   | (499,194 | ) |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive                  Income:                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Net                  Income for the six months       ended                  September 30, 2006                                                            |   |   |   |   |   |   | 3,991,138 |   |   |   |   |   |   |   |   |   |   |   | 3,991,138 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Unrealized                  loss on securities        available                  for sale, net of tax benefit                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (119,235 | ) |   |   | (119,235 | ) |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                  comprehensive Income                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 4,110,373 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| BALANCE,                  September 30, 2006                                                                                                                                                                               |   |  $ | 24,847,392 |   |   |  $ | 9,972,941 |   |   |  $ | (6,698 | ) |   |  $ | (1,145,217 | ) |   |  $ | 33,668,418 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| BALANCE,                  December 31, 2006                                                                                                                                                                                |   |  $ | 28,886,105 |   |   |  $ | 7,290,915 |   |   |  $ | (3,545 | ) |   |  $ | (976,906 | ) |   |  $ | 35,196,569 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Exercise                  of stock options, net and      issuance                  of vested shares under      employee                  benefit programs      |   |   | 3,170 |   |   |   |   |   |   |   | 232,060 |   |   |   |   |   |   |   | 235,230 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| FAS                  123R share-based compensation                                                                                                                                                                         |   |   | 79,159 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 79,159 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Treasury                  Stock, shares purchased at cost                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   | (240,623 | ) |   |   |   |   |   |   | (240,623 | ) |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive                  Income:     Net                  Income for the nine months       ended                  September 30, 2007                     |   |   |   |   |   |   | 4,418,541 |   |   |   |   |   |   |   |   |   |   |   | 4,418,541 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Reduction                  of retirement plan defined        benefit                  liability                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 55,234 |   |   |   | 55,234 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Unrealized                  loss on securities        available                  for sale, net of tax benefit                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (23,500 | ) |   |   | (23,500 | ) |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                  comprehensive Income                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 4,395,041 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| BALANCE,                  September 30, 2007                                                                                                                                                                               |   |  $ | 28,968,434 |   |   |  $ | 11,709,456 |   |   |  $ | (12,108 | ) |   |  $ | (945,172 | ) |   |  $ | 39,720,610 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| See                accompanying notes to consolidated financial statements.                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

|  **1st                  Constitution Bancorp and Subsidiaries**      |   |
|----------------------------------------------------------------------------------------------------|--------|
|  **Consolidated                  Statements of Cash Flows**          |   |
| **(unaudited)**                                                           |   |
|                                                                                               |   |   |   |   |   |   |
|                                                                                               |   | Nine                  months ended September 30,    |   |
|                                                                                               |   | 2007 |   |   | 2006 |   |
|                                                                                               |   |   |   |   |   |   |
| OPERATING                  ACTIVITIES:                                                             |   |   |   |   |   |   |
| Net                  income                                                                        |   |  $ | 4,418,541 |   |   |  $ | 3,991,138 |   |
| Adjustments                  to reconcile net income                                               |   |   |   |   |   |   |   |   |
|    to                  net cash provided by operating activities-                   |   |   |   |   |   |   |   |   |
| Provision                  for loan losses                                                         |   |   | 100,000 |   |   |   | 440,000 |   |
| Depreciation                  and amortization                                                     |   |   | 552,770 |   |   |   | 453,287 |   |
| Net                  amortization of premiums on securities                                        |   |   | 14,227 |   |   |   | 38,439 |   |
| Gains                  on sales of loans held for sale                                             |   |   | (604,268 | ) |   |   | (831,233 | ) |
| Losses                  on sale of securities available for sale                                   |   |   | - |   |   |   | 99,714 |   |
| Originations                  of loans held for sale                                               |   |   | (53,206,385 | ) |   |   | (43,500,402 | ) |
| Income                  on Bank – owned life insurance                                       |   |   | (274,027 | ) |   |   | (271,672 | ) |
| Proceeds                  from sales of loans held for sale                                        |   |   | 54,718,049 |   |   |   | 47,956,284 |   |
| Share                  based compensation expense                                                  |   |   | 358,359 |   |   |   | 512,795 |   |
| Increase                  in accrued interest receivable                                           |   |   | (414,271 | ) |   |   | (1,056,289 | ) |
| Decrease                  in other assets                                                          |   |   | 71,530 |   |   |   | 187,791 |   |
| Increase                  (decrease) in accrued interest payable                                   |   |   | 178,143 |   |   |   | (258,391 | ) |
| Increase                  in accrued expenses and other liabilities                                |   |   | 1,596,750 |   |   |   | 862,287 |   |
|                                                                                               |   |   |   |   |   |   |   |   |
| Net                  cash provided by operating activities                                         |   |   | 7,509,418 |   |   |   | 8,623,748 |   |
|                                                                                               |   |   |   |   |   |   |   |   |
| INVESTING                  ACTIVITIES:                                                             |   |   |   |   |   |   |   |   |
| Purchases                  of securities -                                                         |   |   |   |   |   |   |   |   |
| Available                  for sale                                                                |   |   | (15,776,240 | ) |   |   | (15,008,866 | ) |
| Held                  to maturity                                                                  |   |   | (7,677,917 | ) |   |   | - |   |
| Proceeds                  from maturities and prepayments of securities -                          |   |   |   |   |   |   |   |   |
| Available                  for sale                                                                |   |   | 6,353,098 |   |   |   | 9,795,108 |   |
| Held                  to maturity                                                                  |   |   | 794,939 |   |   |   | 4,365,365 |   |
| Proceeds                  from sales of securities available for sale                              |   |   | - |   |   |   | 2,899,385 |   |
| Net                  increase in loans                                                             |   |   | (22,000,838 | ) |   |   | (25,341,912 | ) |
| Capital                  expenditures                                                              |   |   | (431,468 | ) |   |   | (749,360 | ) |
| Cash                  consideration paid to acquire branch                                         |   |   | (730,257 | ) |   |   | - |   |
| Cash                  and cash equivalents acquired from branch                                    |   |   | 19,514,239 |   |   |   | - |   |
| Net                  cash used in investing activities                                             |   |   | (19,954,444 | ) |   |   | (24,040,280 | ) |
|                                                                                               |   |   |   |   |   |   |   |   |
| FINANCING                  ACTIVITIES:                                                             |   |   |   |   |   |   |   |   |
| Issuance                  of common stock, net                                                     |   |   | 235,230 |   |   |   | 483,475 |   |
| Purchase                  of treasury stock                                                        |   |   | (240,623 | ) |   |   | (292,741 | ) |
| Net                  increase (decrease) in demand, savings and time deposits                      |   |   | 706,396 |   |   |   | (3,677,497 | ) |
| (Repayments)                  proceeds from issuance of redeemable                                 |   |   |   |   |   |   |   |   |
|    subordinated                  debentures                                         |   |   | (5,155,000 | ) |   |   | 18,557,000 |   |
| Net                  advances (repayments) in other borrowings                                     |   |   | 16,100,000 |   |   |   | (1,200,000 | ) |
|                                                                                               |   |   |   |   |   |   |   |   |
| Net                  cash provided by financing activities                                         |   |   | 11,646,003 |   |   |   | 13,870,237 |   |
|                                                                                               |   |   |   |   |   |   |   |   |
| Decrease                  in cash and cash equivalents                                             |   |   | (799,023 | ) |   |   | (1,546,295 | ) |
|                                                                                               |   |   |   |   |   |   |   |   |
| CASH                  AND CASH EQUIVALENTS                                                         |   |   |   |   |   |   |   |   |
| AT                  BEGINNING OF PERIOD                                                            |   |   | 10,361,812 |   |   |   | 12,137,750 |   |
|                                                                                               |   |   |   |   |   |   |   |   |
| CASH                  AND CASH EQUIVALENTS                                                         |   |   |   |   |   |   |   |   |
| AT                  END OF PERIOD                                                                  |   |  $ | 9,562,789 |   |   |  $ | 10,591,455 |   |
|                                                                                               |   |   |   |   |   |   |   |   |
| SUPPLEMENTAL                  DISCLOSURES                                                          |   |   |   |   |   |   |   |   |
| OF                  CASH FLOW INFORMATION:                                                         |   |   |   |   |   |   |   |   |
| Cash                  paid during the year for -                                                   |   |   |   |   |   |   |   |   |
| Interest                                                                                           |   |  $ | 9,191,505 |   |   |  $ | 6,254,814 |   |
| Income                  taxes                                                                      |   |   | 1,821,600 |   |   |   | 2,563,872 |   |
|                                                                                               |   |   |   |   |   |   |   |   |
| See                accompanying notes to consolidated financial statements*.*                      |   |   |   |   |   |   |   |   |

----

**1st      Constitution Bancorp and Subsidiaries**

**Notes      To Consolidated Financial Statements**

**September      30, 2007 (Unaudited)**

**Summary      of Significant Accounting Policies**

**Net      Income Per Common Share**

|                                                                                                                          |   | Three                Months Ended September 30, 2007 |      |
|-------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------|-----------|
|                                                                                                                          |   | Income                                               |      |   | Weighted-averageshares |   |   | Per                shareAmount |   |
| Basic                EPS                                                                                                      |   |                                                 |      |   |   |   |   |   |   |
| Net                income available to common stockholders                                                                    |   |  $                                              | 1,515,336 |   |   |   | 3,744,279 |   |   |  $ | 0.40 |   |
|                                                                                                                          |   |                                                 |      |   |   |   |   |   |   |   |   |   |
| Effect                of dilutive securities                                                                                  |   |                                                 |      |   |   |   |   |   |   |   |   |   |
| Options                and Grants                                                                                             |   |                                                 | -         |   |   |   | 47,340 |   |   |   | - |   |
|                                                                                                                          |   |                                                 |      |   |   |   |   |   |   |   |   |   |
| Diluted                EPS                                                                                                    |   |                                                 |      |   |   |   |   |   |   |   |   |   |
| Net                income available to common stockholders plus assumed                conversion                             |   |  $                                              | 1,515,336 |   |   |   | 3,791,619 |   |   |  $ | 0.40 |   |
|                                                                                                                          |   |                                                 |      |   |   |   |   |   |   |   |   |   |
| All                options have been included in the computation of diluted earnings                per                share. |   |

----

|                                                                                                                |   | Three                Months Ended September 30, 2006 |      |
|-------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------|-----------|
|                                                                                                                |   | Income                                               |      |   | Weighted-averageshares |   |   | Per                shareAmount |   |
| Basic                EPS                                                                                                 |   |                                                 |      |   |   |   |   |   |   |
| Net                income available to common stockholders                                                                    |   |  $                                              | 1,379,116 |   |   |   | 3,869,025 |   |   |  $ | 0.35 |   |
|                                                                                                                     |   |                                                 |      |   |   |   |   |   |   |   |   |   |
| Effect                of dilutive securities                                                                                  |   |                                                 |      |   |   |   |   |   |   |   |   |   |
| Options                and Grants                                                                                             |   |                                                 | -         |   |   |   | 132,599 |   |   |   | (0.01 | ) |
|                                                                                                                     |   |                                                 |      |   |   |   |   |   |   |   |   |   |
| Diluted                EPS                                                                                               |   |                                                 |      |   |   |   |   |   |   |   |   |   |
| Net                income available to common stockholders plus assumed                conversion                             |   |  $                                              | 1,379,116 |   |   |   | 4,001,624 |   |   |  $ | 0.34 |   |
|                                                                                                                          |   |                                                 |      |   |   |   |   |   |   |   |   |   |
| All                options have been included in the computation of diluted earnings                per                share. |   |

|                                                                                                                |   | Nine                Months Ended September 30, 2007 |      |
|-------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|-----------|
|                                                                                                                |   | Income                                              |      |   | Weighted-averageshares |   |   | Per                shareAmount |   |
| Basic                EPS                                                                                                      |   |                                                |      |   |   |   |   |   |   |
| Net                income available to common stockholders                                                                    |   |  $                                             | 4,418,541 |   |   |   | 3,740,586 |   |   |  $ | 1.18 |   |
|                                                                                                                          |   |                                                |      |   |   |   |   |   |   |   |   |   |
| Effect                of dilutive securities                                                                                  |   |                                                |      |   |   |   |   |   |   |   |   |   |
| Options                and Grants                                                                                             |   |                                                | -         |   |   |   | 51,392 |   |   |   | (0.01 | ) |
|                                                                                                                          |   |                                                |      |   |   |   |   |   |   |   |   |   |
| Diluted                EPS                                                                                                    |   |                                                |      |   |   |   |   |   |   |   |   |   |
| Net                income available to common stockholders plus assumed                conversion                             |   |  $                                             | 4,418,541 |   |   |   | 3,791,978 |   |   |  $ | 1.17 |   |
|                                                                                                                          |   |                                                |      |   |   |   |   |   |   |   |   |   |
| All                options have been included in the computation of diluted earnings                per                share. |   |

|                                                                                                                |   | Nine                Months Ended September 30, 2006 |      |
|-------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|-----------|
|                                                                                                                |   | Income                                              |      |   | Weighted-averageshares |   |   | Per                shareAmount |   |
| Basic                EPS                                                                                                      |   |                                                |      |   |   |   |   |   |   |
| Net                income available to common stockholders                                                                    |   |  $                                             | 3,991,138 |   |   |   | 3,657,594 |   |   |  $ | 1.09 |   |
|                                                                                                                          |   |                                                |      |   |   |   |   |   |   |   |   |   |
| Effect                of dilutive securities                                                                                  |   |                                                |      |   |   |   |   |   |   |   |   |   |
| Options                and Grants                                                                                             |   |                                                | -         |   |   |   | 122,937 |   |   |   | (0.03 | ) |
|                                                                                                                          |   |                                                |      |   |   |   |   |   |   |   |   |   |
| Diluted                EPS                                                                                                    |   |                                                |      |   |   |   |   |   |   |   |   |   |
| Net                income available to common stockholders plus assumed                conversion                             |   |  $                                             | 3,991,138 |   |   |   | 3,780,531 |   |   |  $ | 1.06 |   |
|                                                                                                                          |   |                                                |      |   |   |   |   |   |   |   |   |   |
| All                options have been included in the computation of diluted earnings                per                share. |   |

----

**Share-based      Compensation**

*Share-Based Payment*
*Accounting for      Stock-Based Compensation*
*Accounting for Stock Issued*
*to Employees*

|                Stock                Options                           |   | Number                ofShares |    |   | WeightedAverageExercise                Price |    |   | WeightedAverageRemainingContractualTerm                (years) |   |   | AggregateIntrinsicValue |   |
|----------------------------------------------------------------------------|--------|--------------------------------|---------|--------|----------------------------------------------|---------|--------|----------------------------------------------------------------|--------|--------|-------------------------|--------|
| Outstanding                at January 1, 2007                              |   |                           | 132,851 |   |                                         |  $ | 10.58  |                                                           |   |   |                    |   |   |   |
|      Options                Granted     |   |                           | 5,600   |   |                                         |    | 16.00  |                                                           |   |   |                    |   |   |   |
|      Options                Exercised   |   |                           | (852    | )      |                                         |    | 3.30   |                                                           |   |   |                    |   |   |   |
|      Options                Forfeited   |   |                           | -       |   |                                         |    | -      |                                                           |   |   |                    |   |   |   |
|      Options                Expired     |   |                           | -       |   |                                         |    | -      |                                                           |   |   |                    |   |   |   |
| Outstanding                at September 30, 2007                           |   |                           | 137,599 |   |                                         |    | $10.85 |                                                           |   |   | 5.8                     |   |   |  $ | 915,406 |   |
|                                                        |   |                           |    |   |                                         |    |   |                                                           |   |   |                    |   |   |   |   |   |
| Exercisable                at September 30, 2007                           |   |                           | 101,703 |   |                                         |  $ | 8.62   |                                                           |   |   | 4.7                     |   |   |  $ | 901,315 |   |

----

|                                                          |   | Number                ofShares |   |   | Average                Grant Date Fair Value |    |
|---------------------------------------------------------------|--------|--------------------------------|--------|--------|----------------------------------------------|---------|
| Non-vested                stock options at January 1, 2007    |   |                           | 42,780 |   |                                         |  $ | 16.07 |   |
| Options                Granted                                |   |                           | 5,600  |   |                                         |    | 16.00 |   |
| Options                Vested                                 |   |                           | (1,120 | )      |                                         |    | 16.00 |   |
| Options                Forfeited                              |   |                           | -      |   |                                         |    | - |   |
| Non-vested                stock options at September 30, 2007 |   |                           | 47,260 |   |                                         |  $ | 16.07 |   |
|                                                          |   |

| Fair                value of options granted |   |  $ | 7.08   |   |
|----------------------------------------------|--------|---------|--------|--------|
| Risk-free                rate of return      |   |    | 4.53   | %      |
| Expected                option life in years |   |    | 7      |   |
| Expected                volatility           |   |    | 26.60  | %      |
| Expected                dividends (1)        |   |    | -      |   |
|                                         |   |    |   |   |

**Benefit      Plans**

----

|                                                |   | BeforeApplication                of Statement 158 |    |   | Adjustments |    |   | After                Application of Statement 158 |   |
|-----------------------------------------------------|--------|---------------------------------------------------|---------|--------|-------------|---------|--------|---------------------------------------------------|--------|
| Deferred                income taxes                |   |  $                                           | 1,905   |   |        |  $ | 257    |                                              |   |  $ | 2,162 |   |
| Total                Assets                         |   |                                              | 392,421 |   |        |    | 257    |                                              |   |   | 392,678 |   |
| Other                liabilities                    |   |                                              | 1,131   |   |        |    | 756    |                                              |   |   | 1,887 |   |
| Total                liabilities                    |   |                                              | 356,725 |   |        |    | 756    |                                              |   |   | 357,481 |   |
| Accumulated                other comprehensive loss |   |                                              | (478    | )      |        |    | (499   | )                                                 |   |   | (977 | ) |
| Total                shareholders’ equity     |   |  $                                           | 35,696  |   |        |  $ | (499   | )                                                 |   |  $ | 35,197 |   |

**Redeemable      Subordinated Debentures**

----

**Regulatory      Requirements**

**Segment      Information**

*Segment Reporting*

**Recent      Accounting Pronouncements**

*Accounting for      Uncertainty in Income Taxes*
*Accounting for      Contingencies*
*Accounting for Income Taxes*

----

** **
** **
** **
** **
** **
** **
** **

*Accounting for Deferred Compensation and      Postretirement Benefit Aspects of Endorsement Split-Dollar Life Insurance      Arrangements.”*

*Accounting for Purchases of Life Insurance - Determining the Amount That      Could be Realized in Accordance with FASB Technical Bulletin No.      85-4.*
*Accounting for Purchases of Life Insurance,*

**(2)           Acquisition      of Unaffiliated Branch**

----

**Item      2.    Management’s Discussion and Analysis of Financial Condition      and Results of Operations**

**General**

**Forward-Looking      Statements**

----

**RESULTS      OF OPERATIONS**

**Three      Months Ended September 30, 2007 and September 30, 2006**

**Summary**

----

**Net      Interest Income**

**Provision      for Loan Losses**

**Non-Interest      Income**

----

**Non-Interest      Expense**

|                                                   |   |                                            |      |   |   |    |
|--------------------------------------------------------|--------|-------------------------------------------------|-----------|--------|--------|---------|
| **Non-interest                Expenses**               |   |                                            |      |   |   |    |
|                                                   |   | Three                months ended September 30, |      |
|                                                   |   | 2007                                            |      |   | 2006   |    |
| Salaries                and employee benefits          |   |  $                                         | 1,760,120 |   |   |  $ | 1,697,756 |   |
| Occupancy                expenses                      |   |                                            | 429,329   |   |   |    | 410,303 |   |
| Equipment                expense                       |   |                                            | 109,336   |   |   |    | 133,116 |   |
| Marketing                                              |   |                                            | 27,141    |   |   |    | 103,152 |   |
| Computer                services                       |   |                                            | 213,763   |   |   |    | 199,035 |   |
| Regulatory,                professional and other fees |   |                                            | 112,286   |   |   |    | 179,313 |   |
| Office                expense                          |   |                                            | 142,749   |   |   |    | 127,151 |   |
| All                other expenses                      |   |                                            | 163,636   |   |   |    | 293,846 |   |
|                                                   |   |  $                                         | 2,958,360 |   |   |  $ | 3,143,672 |   |
| Total                                                  |   |                                            |      |   |   |    |   |   |

----

**Nine      Months Ended September 30, 2007 and September 30, 2006**

**Earnings      Analysis**

----

|                                                                                                                                         |   |
|----------------------------------------------------------------------------------------------------------------------------------------------|--------|
| **Average                Balance Sheets with Resultant Interest and Rates**                                                                  |   |
| (yields                on a tax-equivalent basis)                                                                                            |   | Nine                months ended September 30, 2007 |   |   | Nine                months ended September 30, 2006 |   |
|                                                                                                                                         |   | AverageBalance |   |   | Interest |   |   | AverageRate |   |   | AverageBalance |   |   | Interest |   |   | AverageRate |   |
| **Assets:**                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Federal                Funds Sold/Short-Term Investments                                                                                     |   |  $ | 1,896,548 |   |   |  $ | 73,510 |   |   |   | 5.25 | % |   |  $ | 1,068,837 |   |   |  $ | 51,012 |   |   |   | 5.06 | % |
| Investment                Securities:                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Collateralized                Mortgage Obligations/    Mortgage                Backed Securities |   |   | 81,190,767 |   |   |   | 3,175,138 |   |   |   | 5.21 | % |   |   | 69,009,766 |   |   |   | 2,517,931 |   |   |   | 4.86 | % |
|     Obligations                of States and Political Subdivisions                                                      |   |   | 22,953,730 |   |   |   | 973,635 |   |   |   | 5.66 | % |   |   | 16,333,764 |   |   |   | 672,967 |   |   |   | 5.49 | % |
|     Total                                                                                                                |   |   | 104,144,497 |   |   |   | 4,148,773 |   |   |   | 5.31 | % |   |   | 85,343,530 |   |   |   | 3,190,898 |   |   |   | 4.99 | % |
|                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loan                Portfolio:                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Construction                                                                                                         |   |   | 128,836,323 |   |   |   | 8,714,805 |   |   |   | 9.04 | % |   |   | 124,614,448 |   |   |   | 8,258,050 |   |   |   | 8.86 | % |
|     Residential                Real Estate                                                                               |   |   | 8,457,815 |   |   |   | 499,148 |   |   |   | 7.89 | % |   |   | 8,188,539 |   |   |   | 399,850 |   |   |   | 6.53 | % |
|     Home                Equity                                                                                           |   |   | 14,023,750 |   |   |   | 800,678 |   |   |   | 7.63 | % |   |   | 14,533,020 |   |   |   | 795,288 |   |   |   | 7.32 | % |
|     Commercial                and commercial real estate                                                                 |   |   | 115,293,035 |   |   |   | 6,734,658 |   |   |   | 7.81 | % |   |   | 97,374,080 |   |   |   | 5,566,749 |   |   |   | 7.64 | % |
|     Installment                                                                                                          |   |   | 1,551,403 |   |   |   | 98,140 |   |   |   | 8.46 | % |   |   | 2,118,903 |   |   |   | 132,503 |   |   |   | 8.36 | % |
|     All                Other Loans                                                                                       |   |   | 21,540,462 |   |   |   | 1,906,441 |   |   |   | 11.83 | % |   |   | 22,291,928 |   |   |   | 1,929,442 |   |   |   | 11.57 | % |
|     Total                                                                                                                |   |   | 289,702,788 |   |   |   | 18,753,870 |   |   |   | 8.66 | % |   |   | 269,120,918 |   |   |   | 17,081,882 |   |   |   | 8.49 | % |
|                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **    Total                Interest-Earning Assets**                                                                     |   | ** ** | **395,743,833** |   |   | ** ** | **22,976,153** |   |   | ** ** | **7.76** | **%** |   | ** ** | **355,533,285** |   |   | ** ** | **20,323,792** |   |   | ** ** | **7.64** | **%** |
|                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Allowance                for Loan Losses                                                                                                     |   |   | (3,248,097 | ) |   |   |   |   |   |   |   |   |   |   | (2,601,862 | ) |   |   |   |   |   |   |   |   |
| Cash                and Due From Bank                                                                                                        |   |   | 9,912,262 |   |   |   |   |   |   |   |   |   |   |   | 9,263,733 |   |   |   |   |   |   |   |   |   |
| Other                Assets                                                                                                                  |   |   | 17,362,502 |   |   |   |   |   |   |   |   |   |   |   | 15,293,336 |   |   |   |   |   |   |   |   |   |
| **Total                Assets**                                                                                                              |   | ** $** | **419,770,500** |   |   |   |   |   |   |   |   |   |   | ** $** | **377,488,492** |   |   |   |   |   |   |   |   |   |
|                                                                                                                                         |   |   |   |   |   |   |
| **Liabilities                and Shareholders’ Equity:**                                                                               |   |   |   |   |   |   |
| Interest-Bearing                Liabilities:                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Money                Market and NOW Accounts                                                                         |   |  $ | 82,618,465 |   |   |  $ | 1,268,455 |   |   |   | 2.05 | % |   |  $ | 88,155,978 |   |   |  $ | 1,056,968 |   |   |   | 1.60 | % |
|     Savings                Accounts                                                                                      |   |   | 64,739,735 |   |   |   | 1,512,053 |   |   |   | 3.12 | % |   |   | 43,633,633 |   |   |   | 650,056 |   |   |   | 1.99 | % |
|     Certificates                of Deposit                                                                               |   |   | 120,391,470 |   |   |   | 4,357,470 |   |   |   | 4.84 | % |   |   | 99,022,498 |   |   |   | 2,986,653 |   |   |   | 4.03 | % |
|     Other                Borrowed Funds                                                                                  |   |   | 28,815,385 |   |   |   | 1,131,093 |   |   |   | 5.25 | % |   |   | 35,827,070 |   |   |   | 1,372,051 |   |   |   | 5.12 | % |
|     Trust                Preferred Securities                                                                            |   |   | 20,051,282 |   |   |   | 1,101,034 |   |   |   | 7.34 | % |   |   | 12,120,879 |   |   |   | 702,116 |   |   |   | 7.74 | % |
| **Total                Interest-Bearing Liabilities**                                                                                        |   | ** ** | **316,616,337** |   |   | ** ** | **9,369,647** |   |   | ** ** | **3.96** | **%** |   | ** ** | **278,760,058** |   |   | ** ** | **6,767,844** |   |   | ** ** | **3.25** | **%** |
|                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **    Net                Interest Spread**                                                                               |   |   |   |   |   |   |   |   |   | ** ** | **3.81** | **%** |   |   |   |   |   |   |   |   |   | ** ** | **4.40** | **%** |
|                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Demand                Deposits                                                                                                               |   |   | 60,993,033 |   |   |   |   |   |   |   |   |   |   |   | 62,524,715 |   |   |   |   |   |   |   |   |   |
| Other                Liabilities                                                                                                             |   |   | 4,994,721 |   |   |   |   |   |   |   |   |   |   |   | 5,037,807 |   |   |   |   |   |   |   |   |   |
| Total                Liabilities                                                                                                             |   |   | 382,604,091 |   |   |   |   |   |   |   |   |   |   |   | 346,322,580 |   |   |   |   |   |   |   |   |   |
| Shareholders'                Equity                                                                                                          |   |   | 37,166,409 |   |   |   |   |   |   |   |   |   |   |   | 31,165,912 |   |   |   |   |   |   |   |   |   |
| **Total                Liabilities and Shareholders' Equity**                                                                                |   | ** $** | **419,770,500** |   |   |   |   |   |   |   |   |   |   | ** $** | **377,488,492** |   |   |   |   |   |   |   |   |   |
|                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Net                Interest Margin**                                                                                                       |   |   |   |   |   | ** $** | **13,606,506** |   |   | ** ** | **4.60** | **%** |   |   |   |   |   | ** $** | **13,555,948** |   |   | ** ** | **5.10** | **%** |
|                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

----

|                                                   |   |                                           |      |   |   |    |
|--------------------------------------------------------|--------|------------------------------------------------|-----------|--------|--------|---------|
| **Non-interest                Expenses**               |   |                                           |      |   |   |    |
|                                                   |   | Nine                months ended September 30, |      |
|                                                   |   | 2007                                           |      |   | 2006   |    |
| Salaries                and employee benefits          |   |  $                                        | 5,210,132 |   |   |  $ | 5,095,737 |   |
| Occupancy                expense                       |   |                                           | 1,226,274 |   |   |    | 1,107,431 |   |
| Equipment                expense                       |   |                                           | 355,544   |   |   |    | 370,283 |   |
| Marketing                                              |   |                                           | 74,167    |   |   |    | 277,350 |   |
| Computer                services                       |   |                                           | 626,737   |   |   |    | 540,997 |   |
| Regulatory,                professional and other fees |   |                                           | 294,392   |   |   |    | 860,882 |   |
| Office                expense                          |   |                                           | 437,531   |   |   |    | 334,804 |   |
| All                other expenses                      |   |                                           | 577,122   |   |   |    | 754,519 |   |
|                                                   |   |  $                                        | 8,801,899 |   |   |  $ | 9,342,003 |   |
|                                                   |   |                                           |      |   |   |    |   |   |

----

**Financial      Condition**

**September      30, 2007 Compared with December 31, 2006**

**Cash      and Cash Equivalents**

* *

**Investment      Securities**

----

|                                                                                                   |   |                              |        |   |                             |   |
|--------------------------------------------------------------------------------------------------------|--------|-----------------------------------|-------------|--------|----------------------------------|--------|
| **Loan                Portfolio Composition**                                                          |   | September                30, 2007 |        |   | December                31, 2006 |   |
| Component                                                                                              |   | Amount                            |        |   | %of                total         |   |   | Amount |   |   | %of                total |   |
| Construction                loans                                                                      |   |  $                           | 128,518,664 |   |                             |   | 44 | % |   |  $ | 125,268,871 |   |   |   | 47 | % |
| Residential                real estate loans                                                           |   |                              | 10,265,971  |   |                             |   | 4 | % |   |   | 7,670,370 |   |   |   | 3 | % |
| Commercial                and commercial real estate                                                   |   |                              | 130,731,644 |   |                             |   | 46 | % |   |   | 114,897,040 |   |   |   | 44 | % |
| Loans                to individuals                                                                    |   |                              | 17,019,860  |   |                             |   | 6 | % |   |   | 16,728,025 |   |   |   | 6 | % |
| Deferred                loan fees                                                                      |   |                              | 431,871     |   |                             |   | 0 | % |   |   | 404,074 |   |   |   | 0 | % |
| All                other loans                                                                         |   |                              | 164,861     |   |                             |   | 0 | % |   |   | 173,933 |   |   |   | 0 | % |
|                                                                                                   |   |  $                           | 287,132,871 |   |                             |   | 100 | % |   |  $ | 265,142,313 |   |   |   | 100 | % |
|                   |

**Non-Performing      Assets**

----

|                                                             |   |                        |      |   |                       |    |
|------------------------------------------------------------------|--------|-----------------------------|-----------|--------|----------------------------|---------|
|                                                             |   |                        |      |   |                       |    |
| **Non-Performing                Assets and Loans**               |   | September                30 |      |   | December                31 |    |
|                                                             |   | 2007                        |      |   | 2006                       |    |
| Non-Performing                loans:                             |   |                        |      |   |                       |    |
| Loans                90 days or more past due and still accruing |   |  $                     | 302       |   |                       |  $ | 0 |   |
| Non-accrual                loans                                 |   |                        | 4,020,524 |   |                       |    | 4,193,209 |   |
| Total                non-performing loans                        |   |                        | 4,020,826 |   |                       |    | 4,193,209 |   |
| Other                real estate owned                           |   |                        | 0         |   |                       |    | 0 |   |
| Total                non-performing assets                       |   |  $                     | 4,020,826 |   |                       |  $ | 4,193,209 |   |
|                                                             |   |                        |      |   |                       |    |   |   |
| Non-performing                loans to total loans               |   |                        | 1.40      | %      |                       |    | 1.58 | % |
| Non-performing                assets to total assets             |   |                        | 0.93      | %      |                       |    | 1.07 | % |

**Allowance      for Loan Losses**

*.  *

----

|   | · | General                economic conditions. |
|--------|--------|---------------------------------------------|

|   | · | Trends                in charge-offs. |
|--------|--------|---------------------------------------|

|   | · | Trends                and levels of delinquent loans. |
|--------|--------|-------------------------------------------------------|

|   | · | Trends                and levels of non-performing loans, including loans over 90 days                delinquent. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------|

|   | · | Trends                in volume and terms of loans. |
|--------|--------|-----------------------------------------------------|

|   | · | Levels                of allowance for specific classified                loans. |
|--------|--------|----------------------------------------------------------------------------------|

|   | · | Credit                concentrations. |
|--------|--------|---------------------------------------|

----

|                                                                   |   |             |        |   |                            |    |        |                             |   |
|------------------------------------------------------------------------|--------|------------------|-------------|--------|---------------------------------|---------|-------------|----------------------------------|--------|
| **Allowance                for Loan Losses**                           |   | September30,2007 |        |   | December                31,2006 |    |        | September                30,2006 |   |
|                                                                   |   |             |        |   |                            |    |        |                             |   |
| Balance,                beginning of period                            |   |  $          | 3,228,360   |   |                            |  $ | 2,361,375   |                             |   |  $ | 2,361,375 |   |
| Provision                charged to operating expenses                 |   |             | 100,000     |   |                            |    | 893,500     |                             |   |   | 440,000 |   |
|                                                                   |   |             |        |   |                            |    |        |                             |   |   |   |   |
| Loans                charged off:                                      |   |             |        |   |                            |    |        |                             |   |   |   |   |
|    Construction                loans                    |   |             | -           |   |                            |    | -           |                             |   |   | - |   |
|    Residential                real estate loans         |   |             | -           |   |                            |    | -           |                             |   |   | - |   |
|    Commercial                and commercial real estate |   |             | (88,891     | )      |                            |    | (11,154     | )                                |   |   | (11,154 | ) |
|    Loans                to individuals                  |   |             | (1,614      | )      |                            |    | (18,314     | )                                |   |   | (285 | ) |
|    Lease                financing                       |   |             | (478        | )      |                            |    | -           |                             |   |   | - |   |
|    All                other loans                       |   |             | -           |   |                            |    | -           |                             |   |   | - |   |
|                                                                   |   |             | (90,983     | )      |                            |    | (29,468     | )                                |   |   | (11,439 | ) |
| Recoveries:                                                            |   |             |        |   |                            |    |        |                             |   |   |   |   |
|    Construction                loans                    |   |             | 75,000      |   |                            |    | -           |                             |   |   | - |   |
|    Residential                real estate loans         |   |             |        |   |                            |    |        |                             |   |   | - |   |
|    Commercial                and commercial real estate |   |             | -           |   |                            |    | 153         |                             |   |   | - |   |
|    Loans                to individuals                  |   |             | 5,703       |   |                            |    | 2,800       |                             |   |   | 2,800 |   |
|    Lease                financing                       |   |             | -           |   |                            |    | -           |                             |   |   | 153 |   |
|    All                other loans                       |   |             | -           |   |                            |    | -           |                             |   |   | - |   |
|                                                                   |   |             | 80,703      |   |                            |    | 2,953       |                             |   |   | 2,953 |   |
|                                                                   |   |             |        |   |                            |    |        |                             |   |   |   |   |
| Net                (charge offs) / recoveries                          |   |             | (10,280     | )      |                            |    | (26,515     | )                                |   |   | (8,486 | ) |
| Balance,                end of period                                  |   |  $          | 3,318,080   |   |                            |  $ | 3,228,360   |                             |   |  $ | 2,792,889 |   |
|                                                                   |   |             |        |   |                            |    |        |                             |   |   |   |   |
| Loans:                                                                 |   |             |        |   |                            |    |        |                             |   |   |   |   |
| At                period end                                           |   |  $          | 299,834,417 |   |                            |  $ | 278,751,255 |                             |   |  $ | 277,480,859 |   |
| Average                during the period                               |   |             | 289,702,788 |   |                            |    | 271,740,647 |                             |   |   | 277,151,149 |   |
| Net                charge offs to average loans outstanding            |   |             | 0.00        | %      |                            |    | (0.01       | %)                               |   |   | 0.00 | % |
| Allowance                for loan losses to:                           |   |             |        |   |                            |    |        |                             |   |   |   |   |
| Total                loans at period end                               |   |             | 1.11        | %      |                            |    | 1.16        | %                                |   |   | 1.00 | % |
| Non-performing                loans                                    |   |             | 82.52       | %      |                            |    | 76.99       | %                                |   |   | 337.34 | % |
|                                                                   |   |             |        |   |                            |    |        |                             |   |   |   |   |

**Deposits**

**Borrowings**

----

**Shareholders’      Equity And Dividends**

*Unregistered Sales of      Equity Securities and Use of Proceeds*

|                                                                          |   |    |       |   |   |   |   |                                                       |   |                                                                                                              |
|-------------------------------------------------------------------------------|--------|---------|------------|--------|--------|--------|--------|------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------|
|                                                                          |   | Actual  |       |   |   |   |   | For                CapitalAdequacy                Purposes |   |                To                Be Well Capitalized Under Prompt Corrective Action                Provision |
|                                                                          |   | Amount  |       |   | Ratio  |   |   | Amount                                                     |   |                Ratio                                                                                         |   | Amount |   |                Ratio |
| **As                of September 30, 2007 -**                                 |   |    |       |   |   |   |   |                                                       |   |                                                                                                              |   |   |   |   |
|   Company                                                           |   |    |       |   |   |   |   |                                                       |   |                                                                                                              |   |   |   |   |
|     Total                Capital to Risk Weighted Assets  |   |  $ | 58,254,888 |   |   |   | 17.30  | %                                                          |   |  $                                                                                                           | 26,936,560 |   | >8% |   |  $ | 33,670,700 |   | N/A |
|     Tier                1 Capital to Risk Weighted Assets |   |    | 53,478,513 |   |   |   | 15.88  | %                                                          |   |                                                                                                              | 13,468,280 |   | >4% |   |   | 20,202,420 |   | N/A |
|     Tier                1 Capital to Average Assets       |   |    | 53,478,513 |   |   |   | 12.40  | %                                                          |   |                                                                                                              | 17,245,170 |   | >4% |   |   | 21,556,463 |   | N/A |
|   Bank                                                              |   |    |       |   |   |   |   |                                                       |   |                                                                                                              |   |   |   |   |   |   |   |   |
|     Total                Capital to Risk Weighted Assets  |   |  $ | 58,886,104 |   |   |   | 17.49  | %                                                          |   |  $                                                                                                           | 26,936,560 |   | >8% |   |  $ | 33,670,700 |   | >10% |
|     Tier                1 Capital to Risk Weighted Assets |   |    | 55,568,024 |   |   |   | 16.50  | %                                                          |   |                                                                                                              | 13,468,280 |   | >4% |   |   | 20,202,420 |   | >6% |
|     Tier                1 Capital to Average Assets       |   |    | 55,568,024 |   |   |   | 12.92  | %                                                          |   |                                                                                                              | 17,204,360 |   | >4% |   |   | 21,505,450 |   | >5% |

|                                                                          |   |    |       |   |   |   |   |   |   |    |       |   |   |   |
|-------------------------------------------------------------------------------|--------|---------|------------|--------|--------|--------|--------|--------|--------|---------|------------|--------|--------|--------|
|                                                                          |   |    |       |   |   |   |   |   |   |    |       |   |   |   |
| **As                of December 31, 2006 -**                                  |   |    |       |   |   |   |   |   |   |    |       |   |   |   |
|   Company                                                           |   |    |       |   |   |   |   |   |   |    |       |   |   |   |
|     Total                Capital to Risk Weighted Assets  |   |  $ | 62,614,642 |   |   |   | 20.23  | %      |   |  $ | 24,751,678 |   | >8% |   |  $ | 30,939,598 |   | N/A |
|     Tier                1 Capital to Risk Weighted Assets |   |    | 47,720,050 |   |   |   | 15.42  | %      |   |    | 12,375,839 |   | >4% |   |   | 18,563,759 |   | N/A |
|     Tier                1 Capital to Average Assets       |   |    | 47,720,050 |   |   |   | 12.18  | %      |   |    | 15,752,046 |   | >4% |   |   | 19,690,058 |   | N/A |
|   Bank                                                              |   |    |       |   |   |   |   |   |   |    |       |   |   |   |   |   |   |   |
|     Total                Capital to Risk Weighted Assets  |   |  $ | 53,871,072 |   |   |   | 17.38  | %      |   |  $ | 24,751,040 |   | >8% |   |  $ | 30,938,800 |   | >10% |
|     Tier                1 Capital to Risk Weighted Assets |   |    | 50,542,712 |   |   |   | 16.34  | %      |   |    | 12,375,520 |   | >4% |   |   | 18,563,280 |   | >6% |
|     Tier                1 Capital to Average Assets       |   |    | 50,542,712 |   |   |   | 12.87  | %      |   |    | 15,710,320 |   | >4% |   |   | 19,637,900 |   | >5% |
|                                                                          |   |    |       |   |   |   |   |   |   |    |       |   |   |   |   |   |   |   |

----

**Liquidity**

----

**Interest      Rate Sensitivity Analysis**

**Item      3.    Quantitative and Qualitative Disclosures About Market      Risk**

----

**Market      Risk Analysis**

**September      30, 2007**

|                                              |   |     |       |   |   |    |       |   |
|---------------------------------------------------|--------|----------|------------|--------|--------|---------|------------|--------|
|                                              |   |     |       |   |   |    |       |   |
| Change                in Interest Rates           |   | **Flat** |       |   | -200bp |    | +200bp     |   |
| Economic                Value of Portfolio Equity |   |  $  | 49,139,000 |   |   |  $ | 47,288,000 |   |  $ | 45,117,000 |   |
| Change                                            |   |     |       |   |   |  $ | (1,851,000 | )      |  $ | (4,022,000 | ) |
| Change                as a Percentage of Assets   |   |     |       |   |   |    | (0.43%     | )      |   | (0.94% | ) |

**December      31, 2006**

|                                              |   |     |       |   |   |    |       |   |
|---------------------------------------------------|--------|----------|------------|--------|--------|---------|------------|--------|
|  Change                in Interest Rates     |   | **Flat** |       |   | -200bp |    | +200bp     |   |
| Economic                Value of Portfolio Equity |   |  $  | 47,670,000 |   |   |  $ | 46,869,000 |   |  $ | 44,183,000 |   |
| Change                                            |   |     |       |   |   |    | ($800,000  | )      |  $ | (3,487,000 | ) |
| Change                as a Percentage of Assets   |   |     |       |   |   |    | (0.20%     | )      |   | (0.89% | ) |

**Item      4.    Controls and Procedures.**

----

**PART      II.   OTHER INFORMATION**

**Item      2.**
**Unregistered Sales of Equity      Securities and Use of Proceeds**

***Issuer      Purchases of Equity Securities***

**Issuer      Purchases of Equity Securities (1)**

| **Period**                       |                              | **Total                Number of Shares Purchased** |   |   | **Average                Price Paid Per Share** |   |   | **Total                Number of Shares Purchased As Part of Publicly Announced Plan or                Program** |   |   | **Maximum                Number of Shares That May Yet be Purchased Under the                Plan or Program** |   |
|----------------------------------|-----------------------------------|-----------------------------------------------------|--------|--------|-------------------------------------------------|--------|--------|------------------------------------------------------------------------------------------------------------------|--------|--------|----------------------------------------------------------------------------------------------------------------|--------|
| Beginning                        | Ending                            |                                                |   |   |                                            |   |   |                                                                                                             |   |   |                                                                                                           |   |   |
| July                1, 2007      | July                31, 2007      |                                                |   | 458    |                                            |   |   | $17.21                                                                                                           |   |   |                                                                                                           | 458    |   |   |   | 152,558 |   |
| August                1, 2007    | August                31, 2007    |                                                |   | 265    |                                            |   |   | $15.94                                                                                                           |   |   |                                                                                                           | 265    |   |   |   | 152,293 |   |
| September                1, 2007 | September                30, 2007 |                                                |   | -      |                                            |   |   | -                                                                                                                |   |   |                                                                                                           | -      |   |   |   | 152,293 |   |
|  Total                      |                              |                                                | 723    |   |                                            |   | $16.75 |                                                                                                             |   |   | 723                                                                                                            |   |   |   | 152,293 |   |

|   |     |
|--------|--------------------|

| (1) | The                Company’s common stock repurchase program covers a maximum of 175,271                shares of common stock of the Company, representing 5% of the outstanding                common stock of the Company on July 21, 2005, as adjusted for the                6% stock                dividend declared December 31, 2006 and paid on January 31,                2007. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Item      6.               Exhibits.**

| 3(i)   |   | Certificate                of Incorporation of the Company (incorporated by reference to Exhibit                3(i)                to the Company’s Form 10-K filed with the SEC on March 24,                2005)                                                                                                              |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                   |
| 3(ii)  |   | Bylaws                of the Company (incorporated by reference to Exhibit 3(ii)(A) to                the                Company’s Form 8-K filed with the SEC on October 22,                2007)                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                   |
| 31.1   | *      | Certification                of Robert F. Mangano, chief executive officer of the Company, pursuant                to                Securities Exchange Act Rule 13a-14(a)                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                   |
| 31.2   | *      | Certification                of Joseph M. Reardon, chief financial officer of the Company, pursuant                to                Securities Exchange Act Rule 13a-14(a)                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                   |
| 32     | *      | Certifications                pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section                906 of                The Sarbanes-Oxley Act of 2002, signed by Robert F. Mangano, chief                executive officer of the Company, and Joseph M. Reardon, chief financial                officer of the Company |

|   |   |     |
|--------|--------|--------------------|

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**SIGNATURES**

|                                               | **1ST              CONSTITUTION BANCORP** |                                               |
|----------------------------------------------------|-------------------------------------------|----------------------------------------------------|
|                                               |                                      |                                               |   |
| Date:                November 14, 2007   | By:                                       | /s/ ROBERT              F. MANGANO            |   |
|                                               |                                      | Robert              F. Mangano                     |   |
|                                               |                                      | President              and Chief Executive Officer |   |
|                                               |                                      | (Principal              Executive Officer)         |   |

|                                         |   |                                             |
|----------------------------------------------|--------|--------------------------------------------------|
|                                         |   |                                             |   |
| Date:                November 14, 2007  | By:    | /s/ JOSEPH              M. REARDON          |   |
|                                         |   | Joseph              M. Reardon                   |   |
|                                         |   | Senior              Vice President and Treasurer |   |
|                                         |   | (Principal              Accounting Officer)      |   |

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