----

----

| x | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|------------------------------------------------------------------------------------------|

| o | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|-------------------------------------------------------------------------------------------|

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

| 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) |

| Large accelerated filer                                            | o | Accelerated filer         | o |
|--------------------------------------------------------------------|---|---------------------------|---|
| Non-accelerated filer(Do not check if a smaller reporting company) | o | Smaller reporting company | x |

----

----

----

1ST CONSTITUTION BANCORP

|         |                  |                                                              |   | Page   |
|--------------|-----------------------|-------------------------------------------------------------------|--------|--------|
|  PART I | FINANCIAL INFORMATION |                                                              |
|         |                  |                                                              |   |   |
|         | Item 1.               | Financial Statements                                              | 1      |
|         |                  |                                                              |   |   |
|         |                  | Consolidated Balance Sheets                                       |   |
|         |                  | (unaudited) at September 30, 2010                                 |   |
|         |                  | and December 31, 2009                                             | 1      |
|         |                  |                                                              |   |   |
|         |                  | Consolidated Statements of Income                                 |   |
|         |                  | (unaudited) for the Three Months and Nine Months Ended            |   |
|         |                  | September 30, 2010 and September 30, 2009                         | 2      |
|         |                  |                                                              |   |   |
|         |                  | Consolidated Statements of Changes in Shareholders’ Equity  |   |
|         |                  | (unaudited) for the Nine Months Ended                             |   |
|         |                  | September 30, 2010 and September 30, 2009                         | 3      |
|         |                  |                                                              |   |   |
|         |                  | Consolidated Statements of Cash Flows                             |   |
|         |                  | (unaudited) for the Nine Months Ended                             |   |
|         |                  | September 30, 2010 and September 30, 2009                         | 4      |
|         |                  |                                                              |   |   |
|         |                  | Notes to Consolidated Financial Statements (unaudited)            | 5      |
|         |                  |                                                              |   |   |
|         | Item 2.               | Management’s Discussion and Analysis of Financial Condition |   |
|         |                  | and Results of Operations                                         | 19     |
|         |                  |                                                              |   |   |
|         | Item 3.               | Quantitative and Qualitative Disclosures About Market Risk        | 39     |
|         |                  |                                                              |   |   |
|         | Item 4.               | Controls and Procedures                                           | 39     |
|         |                  |                                                              |   |   |
| PART II.     | OTHER INFORMATION     |                                                              |
|         |                  |                                                              |   |   |
|         | Item 2.               | Unregistered Sales of Equity Securities and Use of Proceeds       | 39     |
|         |                  |                                                              |   |   |
|         | Item 6.               | Exhibits                                                          | 40     |
|         |                  |                                                              |   |   |
| SIGNATURES   | 41                    |

----

Table of Contents

Item 1.                    Financial Statements.

1st Constitution Bancorp and Subsidiaries

|                                                                                                                                                                                                                       |   | September 30, 2010 |                            |   | December 31, 2009 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------|---------------------------------|--------|-------------------|--------|
| ASSETS                                                                                                                                                                                                                     |   |               |                            |   |              |   |
| CASH AND DUE FROM BANKS                                                                                                                                                                                                    |   | $                  | 13,970,407                      |   |              | $      | 25,842,901 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| FEDERAL FUNDS SOLD / SHORT-TERM INVESTMENTS                                                                                                                                                                                |   |               | 11,394                          |   |              |   | 11,384 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Total cash and cash equivalents                                                                                                                                                                                            |   |               | 13,981,801                      |   |              |   | 25,854,285 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| INVESTMENT SECURITIES:                                                                                                                                                                                                     |   |               |                            |   |              |   |   |   |
| Available for sale, at fair value                                                                                                                                                                                          |   |               | 110,151,679                     |   |              |   | 204,118,850 |   |
| Held to maturity (fair value of $86,815,455 and $24,215,530 at         September 30, 2010 and December 31, 2009, respectively)                                                     |   |               | 85,835,513                      |   |              |   | 23,608,980 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Total investment securities                                                                                                                                                                                                |   |               | 195,987,192                     |   |              |   | 227,727,830 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| LOANS HELD FOR SALE                                                                                                                                                                                                        |   |               | 17,681,284                      |   |              |   | 21,514,785 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| LOANS                                                                                                                                                                                                                      |   |               | 442,118,479                     |   |              |   | 379,945,735 |   |
| Less- Allowance for loan losses                                                                                                                                                                                            |   |               | (5,726,132                      | )      |              |   | (4,505,387 | ) |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Net loans                                                                                                                                                                                                                  |   |               | 436,392,347                     |   |              |   | 375,440,348 |   |
| PREMISES AND EQUIPMENT, net                                                                                                                                                                                                |   |               | 6,158,328                       |   |              |   | 4,899,091 |   |
| ACCRUED INTEREST RECEIVABLE                                                                                                                                                                                                |   |               | 2,338,878                       |   |              |   | 2,274,087 |   |
| BANK-OWNED LIFE INSURANCE                                                                                                                                                                                                  |   |               | 11,373,540                      |   |              |   | 10,319,055 |   |
| OTHER REAL ESTATE OWNED                                                                                                                                                                                                    |   |               | 1,730,331                       |   |              |   | 1,362,621 |   |
| OTHER ASSETS                                                                                                                                                                                                               |   |               | 6,872,014                       |   |              |   | 8,604,378 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Total assets                                                                                                                                                                                                               |   | $                  | 692,515,715                     |   |              | $      | 677,996,480 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| LIABILITIES AND SHAREHOLDERS’ EQUITY                                                                                                                                                                                 |   |               |                            |   |              |   |   |   |
| LIABILITIES:                                                                                                                                                                                                               |   |               |                            |   |              |   |   |   |
| Deposits                                                                                                                                                                                                                   |   |               |                            |   |              |   |   |   |
| Non-interest bearing                                                                                                                                                                                                       |   | $                  | 91,605,239                      |   |              | $      | 82,473,328 |   |
| Interest bearing                                                                                                                                                                                                           |   |               | 446,247,990                     |   |              |   | 489,682,026 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Total deposits                                                                                                                                                                                                             |   |               | 537,853,229                     |   |              |   | 572,155,354 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| BORROWINGS                                                                                                                                                                                                                 |   |               | 70,100,000                      |   |              |   | 22,500,000 |   |
| REDEEMABLE SUBORDINATED DEBENTURES                                                                                                                                                                                         |   |               | 18,557,000                      |   |              |   | 18,557,000 |   |
| ACCRUED INTEREST PAYABLE                                                                                                                                                                                                   |   |               | 1,265,447                       |   |              |   | 1,757,151 |   |
| ACCRUED EXPENSES AND OTHER LIABILITIES                                                                                                                                                                                     |   |               | 3,827,241                       |   |              |   | 5,625,922 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Total liabilities                                                                                                                                                                                                          |   |               | 631,602,917                     |   |              |   | 620,595,427 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| COMMITMENTS AND CONTINGENCIES                                                                                                                                                                                              |   |               |                            |   |              |   |   |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| SHAREHOLDERS’ EQUITY:                                                                                                                                                                                                |   |               |                            |   |              |   |   |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Preferred Stock, no par value; 5,000,000 shares authorized, of which 12,000 shares of Series B, $1,000 liquidation preference, 5% cumulative increasing to 9% cumulative on February 15, 2014, were issued and outstanding |   |               |       11,554,213 |   |              |   |      11,473,262 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Common stock, no par value; 30,000,000 shares authorized; 4,583,185 and 4,526,827 shares issued and 4,572,593 and 4,515,924 shares outstanding at September 30, 2010 and December 31, 2009, respectively                   |   |               |     36,969,610        |   |              |   |    36,774,621 |   |
| Retained earnings                                                                                                                                                                                                          |   |               | 12,152,796                      |   |              |   | 10,307,331 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Treasury Stock, at cost, 10,592 shares and 10,903 shares at September 30, 2010 and December 31, 2009, respectively                                                                                                         |   |               | (71,396                         | )      |              |   | (73,492 | ) |
| Accumulated other comprehensive income (loss)                                                                                                                                                                              |   |               | 307,575                         |   |              |   | (1,080,669 | ) |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Total shareholders’ equity                                                                                                                                                                                           |   |               | 60,912,798                      |   |              |   | 57,401,053 |   |
|                                                                                                                                                                                                                       |   |               |                            |   |              |   |   |   |
| Total liabilities and shareholders’ equity                                                                                                                                                                           |   | $                  | 692,515,715                     |   |              | $      | 677,996,480 |   |

----

Table of Contents

1st Constitution Bancorp and Subsidiaries

|                                                                 |   | Three months ended September 30, |      |   | Nine months ended September 30, |   |
|----------------------------------------------------------------------|--------|----------------------------------|-----------|--------|---------------------------------|--------|
|                                                                 |   |                             |      |   |                            |   |
| INTEREST INCOME                                                      |   | 2010                             |      |   | 2009                            |   |   | 2010 |   |   | 2009 |   |
| Loans, including fees                                                |   | $                                | 6,349,180 |   |                            | $      | 6,094,031 |   |   | $ | 17,414,422 |   |   | $ | 18,395,282 |   |
| Securities                                                           |   |                             |      |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| Taxable                                                              |   |                             | 1,229,394 |   |                            |   | 1,211,220 |   |   |   | 3,843,035 |   |   |   | 3,630,530 |   |
| Tax-exempt                                                           |   |                             | 106,841   |   |                            |   | 120,790 |   |   |   | 321,012 |   |   |   | 373,308 |   |
| Federal funds sold and short-term investments                        |   |                             | 4,659     |   |                            |   | 41,134 |   |   |   | 37,278 |   |   |   | 73,799 |   |
| Total interest income                                                |   |                             | 7,690,074 |   |                            |   | 7,467,175 |   |   |   | 21,615,747 |   |   |   | 22,472,919 |   |
|                                                                 |   |                             |      |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| INTEREST EXPENSE                                                     |   |                             |      |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| Deposits                                                             |   |                             | 1,567,786 |   |                            |   | 2,511,377 |   |   |   | 5,129,799 |   |   |   | 7,539,760 |   |
| Borrowings                                                           |   |                             | 309,476   |   |                            |   | 335,789 |   |   |   | 853,898 |   |   |   | 1,060,986 |   |
| Redeemable subordinated debentures                                   |   |                             | 269,565   |   |                            |   | 270,480 |   |   |   | 801,255 |   |   |   | 803,455 |   |
| Total interest expense                                               |   |                             | 2,146,827 |   |                            |   | 3,117,646 |   |   |   | 6,784,952 |   |   |   | 9,404,201 |   |
| Net interest income                                                  |   |                             | 5,543,247 |   |                            |   | 4,349,529 |   |   |   | 14,830,795 |   |   |   | 13,068,718 |   |
| Provision for loan losses                                            |   |                             | 875,000   |   |                            |   | 505,000 |   |   |   | 1,725,000 |   |   |   | 1,293,000 |   |
| Net interest income after provision for loan losses                  |   |                             | 4,668,247 |   |                            |   | 3,844,529 |   |   |   | 13,105,795 |   |   |   | 11,775,718 |   |
|                                                                 |   |                             |      |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| NON-INTEREST INCOME                                                  |   |                             |      |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| Service charges on deposit accounts                                  |   |                             | 185,242   |   |                            |   | 225,772 |   |   |   | 550,270 |   |   |   | 680,526 |   |
| Gain on sales of loans                                               |   |                             | 416,754   |   |                            |   | 339,887 |   |   |   | 1,129,875 |   |   |   | 953,073 |   |
| Income on bank-owned life insurance                                  |   |                             | 102,791   |   |                            |   | 98,886 |   |   |   | 304,486 |   |   |   | 292,213 |   |
| Other income                                                         |   |                             | 291,910   |   |                            |   | 311,548 |   |   |   | 967,932 |   |   |   | 840,134 |   |
| Total non-interest income                                            |   |                             | 996,697   |   |                            |   | 976,093 |   |   |   | 2,952,563 |   |   |   | 2,765,946 |   |
|                                                                 |   |                             |      |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| NON-INTEREST EXPENSE                                                 |   |                             |      |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| Salaries and employee benefits                                       |   |                             | 2,532,427 |   |                            |   | 2,338,830 |   |   |   | 7,326,361 |   |   |   | 6,860,225 |   |
| Occupancy expense                                                    |   |                             | 499,745   |   |                            |   | 464,799 |   |   |   | 1,398,510 |   |   |   | 1,360,471 |   |
| Data processing expenses                                             |   |                             | 284,554   |   |                            |   | 281,177 |   |   |   | 815,752 |   |   |   | 817,057 |   |
| FDIC insurance expenses                                              |   |                             | 94,034    |   |                            |   | 183,386 |   |   |   | 589,285 |   |   |   | 987,169 |   |
| Other operating expenses                                             |   |                             | 961,537   |   |                            |   | 824,810 |   |   |   | 2,655,425 |   |   |   | 2,880,259 |   |
| Total non-interest expense                                           |   |                             | 4,372,297 |   |                            |   | 4,093,002 |   |   |   | 12,785,333 |   |   |   | 12,905,181 |   |
|        Income before income taxes |   |                             | 1,292,647 |   |                            |   | 727,620 |   |   |   | 3,273,025 |   |   |   | 1,636,483 |   |
|                                                                 |   |                             |      |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| INCOME TAXES                                                         |   |                             | 411,048   |   |                            |   | 106,386 |   |   |   | 896,609 |   |   |   | 3,949 |   |
| Net income                                                           |   |                             | 881,599   |   |                            |   | 621,234 |   |   |   | 2,376,416 |   |   |   | 1,632,534 |   |
| Dividends and accretion on preferred stock                           |   |                             | 176,984   |   |                            |   | 176,983 |   |   |   | 530,952 |   |   |   | 542,618 |   |
| Net income available to common shareholders                          |   |                             | 704,615   |   |                            | $      | 444,251 |   |   |   | 1,845,464 |   |   | $ | 1,089,916 |   |
|                                                                 |   |                             |      |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| NET INCOME PER COMMON SHARE                                          |   |                             |      |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                |   | $                                | 0.15      |   |                            | $      | 0.10 |   |   | $ | 0.41 |   |   | $ | 0.24 |   |
| Diluted                                                              |   | $                                | 0.15      |   |                            | $      | 0.10 |   |   | $ | 0.40 |   |   | $ | 0.24 |   |

----

Table of Contents

1st Constitution Bancorp and Subsidiaries

|                                                                                                                                                                        |   |    PreferredStock |       |   |    CommonStock |   |       |    RetainedEarnings |   |   |    TreasuryStock |   |   | AccumulatedOtherComprehensive(Loss) Income |    |   |   TotalShareholders’Equity |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------|------------|--------|--------------------------|--------|------------|-------------------------------|--------|--------|----------------------------|--------|--------|--------------------------------------------|---------|--------|---------------------------------------|--------|
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| BALANCE, January 1, 2009                                                                                                                                                    |   | $                           | 11,387,828 |   |                     | $      | 35,180,433 |                          |   | $      | 9,653,923                  |   |   | $                                          | (53,331 | )      |                                  | $      | (549,201 | ) |   | $ | 55,619,652 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Share-based compensation                                                                                                                                                    |   |                        |       |   |                     |   | 64,517     |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   | 64,517 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Treasury stock purchased (11,295 shares)                                                                                                                                    |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       | (70,478 | )      |                                  |   |   |   |   |   | (70,478 | ) |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Exercise of stock options and issuance     of vested shares under benefit program (83,857 shares)                                                  |   |                        |       |   |                     |   | 295,320    |                          |   |   |                       |   |   |                                       | 58,305  |   |                                  |   |   |   |   |   | 353,625 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Dividends on preferred stock                                                                                                                                                |   |                        |       |   |                     |   |       |                          |   |   | (461,667                   | )      |   |                                       |    |   |                                  |   |   |   |   |   | (461,667 | ) |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Preferred stock issuance costs                                                                                                                                              |   |                        | (22,500    | )      |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   | (22,500 | ) |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Accretion of discount on preferred stock                                                                                                                                    |   |                        | 80,951     |   |                     |   |       |                          |   |   | (80,951                    | )      |   |                                       |    |   |                                  |   |   |   |   |   | -- |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Comprehensive Income:    Net Income for the nine months   ended September 30, 2009                                                       |   |                        |       |   |                     |   |       |                          |   |   | 1,632,534                  |   |   |                                       |    |   |                                  |   |   |   |   |   | 1,632,534 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
|     Minimum pension liability, net of tax                                                                                                               |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   | 51,436 |   |   |   | 51,436 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
|     Unrealized gain on securities available for sale,net of tax                                                                                         |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   | 643,735 |   |   |   | 643,735 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
|        Unrealized gain on interest rate swap contract,            net of tax |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   | 92,106 |   |   |   | 92,106 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Comprehensive Income                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   | 2,419,811 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Balance, September 30, 2009                                                                                                                                                 |   | $                           | 11,446,279 |   |                     | $      | 35,540,270 |                          |   | $      | 10,743,839                 |   |   | $                                          | (65,504 | )      |                                  | $      | (238,076 | ) |   | $ | 57,902,960 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Balance, January 1, 2010                                                                                                                                                    |   | $                           | 11,473,262 |   |                     | $      | 36,774,621 |                          |   | $      | 10,307,331                 |   |   | $                                          | (73,492 | )      |                                  | $      | (1,080,669 | ) |   | $ | 57,401,053 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Exercise of stock options and issuance of vested shares       under employee benefit program (56,669 shares)                             |   |                        |       |   |                     |   | 148,660    |                          |   |   |                       |   |   |                                       | 2,096   |   |                                  |   |   |   |   |   | 150,756 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Share-based compensation                                                                                                                                                    |   |                        |       |   |                     |   | 46,329     |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   | 46,329 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Dividends on preferred stock                                                                                                                                                |   |                        |       |   |                     |   |       |                          |   |   | (450,000                   | )      |   |                                       |    |   |                                  |   |   |   |   |   | (450,000 | ) |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Accretion of discount on preferred stock                                                                                                                                    |   |                        | 80,951     |   |                     |   |       |                          |   |   | (80,951                    | )      |   |                                       |    |   |                                  |   |   |   |   |   | 0 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Comprehensive Income:    Net Income for the nine months   ended September 30, 2010                                                       |   |                        |       |   |                     |   |       |                          |   |   | 2,376,416                  |   |   |                                       |    |   |                                  |   |   |   |   |   | 2,376,416 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
|    Minimum pension liability, net of tax                                                                                                                     |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   | 205,532 |   |   |   | 205,532 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
|     Unrealized gain on securities available forsale, net of tax                                                                                         |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   | 971,120 |   |   |   | 971,120 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
|    Unrealized gain on interest rate swap contract,net of tax                                                                                                 |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   | 211,592 |   |   |   | 211,592 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Comprehensive Income                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   | 3,764,660 |   |
|                                                                                                                                                                        |   |                        |       |   |                     |   |       |                          |   |   |                       |   |   |                                       |    |   |                                  |   |   |   |   |   |   |   |
| Balance, September 30, 2010                                                                                                                                                 |   | $                           | 11,554,213 |   |                     | $      | 36,969,610 |                          |   | $      | 12,152,796                 |   |   | $                                          | (71,396 | )      |                                  | $      | 307,575 |   |   | $ | 60,912,798 |   |

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1st Constitution Bancorp and Subsidiaries

|                                                                                                                                 |   |   | Nine Months Ended September 30, |   |
|--------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------------------------------|--------|
|                                                                                                                                 |   |   | 2010                            |   |   |   | 2009 |   |
| OPERATING ACTIVITIES:                                                                                                           |   |   |                            |   |   |   |   |   |
|      Net income                                                                                                  |   | $      | 2,376,416                       |   |   | $ | 1,632,534 |   |
|            Adjustments to reconcile net income                                                    |   |   |                            |   |   |   |   |   |
|                 to net cash provided by (used in) operating activities-  |   |   |                            |   |   |   |   |   |
|            Provision for loan losses                                                              |   |   | 1,725,000                       |   |   |   | 1,293,000 |   |
|            Depreciation and amortization                                                          |   |   | 454,760                         |   |   |   | 480,488 |   |
|            Net amortization of premiums and discounts on securities                               |   |   | 733,173                         |   |   |   | 24,780 |   |
|            Gains on sales of other real estate owned                                                   |   |   | (62,584)                        |   |   |   | (27,776) |   |
|            Gains on sales of loans held for sale                              |   |   | (1,129,875)                     |   |   |   | (953,073) |   |
|            Originations of loans held for sale                                                    |   |   | (99,507,515)                    |   |   |   | (121,999,780) |   |
|            Proceeds from sales of loans held for sale                                             |   |   | 104,470,891                     |   |   |   | 111,868,218 |   |
|            Income on Bank – owned life insurance                                            |   |   | (304,486)                       |   |   |   | (292,213) |   |
|            Share-based compensation expense                                   |   |   | 171,329                         |   |   |   | 176,517 |   |
|           (Increase) decrease in accrued interest receivable                                                |   |   | (64,791)                        |   |   |   | 69,063 |   |
|           (Increase) decrease in other assets                                                |   |   | 922,877                         |   |   |   | (2,145,550) |   |
|           (Decrease) in accrued interest payable                                                  |   |   | (491,704)                       |   |   |   | (122,195) |   |
|           (Decrease) increase in accrued expenses and other liabilities                           |   |   | (1,201,221)                     |   |   |   | 1,757,356 |   |
|                                                                                                                                 |   |   |                            |   |   |   |   |   |
| Net cash provided by (used in) operating activities                                                                             |   |   | 8,092,270                       |   |   |   | (8,238,631) |   |
| INVESTING ACTIVITIES:                                                                                                                |   |   |                            |   |   |   |   |   |
|      Purchases of securities -                                                                                   |   |   |                            |   |   |   |   |   |
|            Available for sale                                                                     |   |   | (35,226,910)                    |   |   |   | (78,656,269) |   |
|            Held to maturity                                                                       |   |   | (85,955,664)                    |   |   |   | (1,619,834) |   |
|      Proceeds from maturities and prepayments of securities -                                                    |   |   |                            |   |   |   |   |   |
|            Available for sale                                                                     |   |   | 129,995,205                     |   |   |   | 40,082,916 |   |
|            Held to maturity                                                                       |   |   | 23,666,230                      |   |   |   | 1,950,349 |   |
|      Net increase in loans                                                                                       |   |   | (64,624,145)                    |   |   |   | (1,069,417) |   |
|      Purchase of bank-owned life insurance                                                                  |   |   | (750,000)                       |   |   |   | 0 |   |
|      Capital expenditures                                                                                        |   |   | (1,686,463)                     |   |   |   | (247,369) |   |
|      Additional investment in other real estate owned                                                                 |   |   | (107,395)                       |   |   |   | (400,991) |   |
|      Proceeds from sales of other real estate owned                                                                   |   |   | 1,725,757                       |   |   |   | 3,842,947 |   |
|                                                                                                                                 |   |   |                            |   |   |   |   |   |
| Net cash used in investing activities                                                                                           |   |   | (32,963,385)                    |   |   |   | (36,117,668) |   |
|                                                                                                                                 |   |   |                            |   |   |   |   |   |
| FINANCING ACTIVITIES:                                                                                                           |   |   |                            |   |   |   |   |   |
|      Exercise of stock options and issuance of vested shares                                                          |   |   | 150,756                         |   |   |   | 353,625 |   |
|      Purchase of Treasury Stock                                                                                       |   |   | 0                               |   |   |   | (70,478) |   |
|      Dividend paid on preferred stock                                                                                 |   |   | (450,000)                       |   |   |   | (386,667) |   |
|      Preferred stock issuance costs paid                                                                              |   |   | 0                               |   |   |   | (22,500) |   |
|     Net increase (decrease) in demand, savings and time deposits                                                      |   |   | (34,302,125)                    |   |   |   | 141,487,850 |   |
|      Net increase (decrease) in short-term borrowings                                                                 |   |   | 47,600,000                      |   |   |   | (24,000,000) |   |
|                                                                                                                                 |
| Net cash provided by financing activities                                                                                       |   |   | 12,998,631                      |   |   |   | 117,361,830 |   |
|                                                                                                                                 |
| Increase (decrease)  in cash and cash equivalents                                                                     |   |   | (11,872,484)                    |   |   |   | 73,005,531 |   |
|                                                                                                                                 |
| CASH AND CASH EQUIVALENTS                                                                                                       |   |   |                            |   |   |   |   |   |
|      AT BEGINNING OF PERIOD                                                                                           |   |   | 25,854,285                      |   |   |   | 14,333,119 |   |
|                                                                                                                                 |
| CASH AND CASH EQUIVALENTS                                                                                                       |   |   |                            |   |   |   |   |   |
|      AT END OF PERIOD                                                                                                 |   | $      | 13,981,801                      |   |   | $ | 87,338,650 |   |
|                                                                                                                                 |
| SUPPLEMENTAL DISCLOSURES                                                                                                        |   |   |                            |   |   |   |   |   |
|      OF CASH FLOW INFORMATION:                                                                                   |   |   |                            |   |   |   |   |   |
|            Cash paid during the period for -                                                      |   |   |                            |   |   |   |   |   |
| Interest                                                                                                                        |   | $      | 7,276,656                       |   |   | $ | 9,526,396 |   |
| Income taxes                                                                                                                    |   |   | 1,660,000                       |   |   |   | 329,160 |   |
| Non-cash investing activities                                                                                                        |   |   |                            |   |   |   |   |   |
| Real estate acquired in full satisfaction of loans in foreclosure                                                                    |   | $      | 1,947,146                       |   |   | $ | 1,828,687 |   |

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1st Constitution Bancorp and Subsidiaries

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Table of Contents

|                                                                                               |   | Three Months Ended September 30, 2010 |     |
|----------------------------------------------------------------------------------------------------|--------|---------------------------------------|----------|
|                                                                                               |   |    Income                   |     |   | Weighted-averageShares |   |   |   Per ShareAmount |   |
| Basic Earnings Per Common Share                                                                    |   |                                  |     |   |   |   |   |   |   |
| Net income                                                                                         |   | $                                     | 881,599  |   |   |   |   |   |   |   |
| Preferred stock dividends and accretion                                                            |   |                                  | (176,984 | ) |   |   |   |   |   |   |
| Income available to common shareholders                                                            |   |                                  | 704,615  |   |   |   | 4,569,401 |   |   | $ | 0.15 |   |
|                                                                                               |   |                                  |     |   |   |   |   |   |   |   |   |   |
| Effect of dilutive securities                                                                      |   |                                  |     |   |   |   |   |   |   |   |   |   |
| Stock options and unvested stock awards                                                            |   |                                  |     |   |   |   | 26,723 |   |   |   |   |   |
|                                                                                               |   |                                  |     |   |   |   |   |   |   |   |   |   |
| Diluted Earnings Per Common Share                                                                  |   |                                  |     |   |   |   |   |   |   |   |   |   |
| Income available to common shareholders      plus assumed conversion |   | $                                     | 704,615  |   |   |   | 4,596,124 |   |   | $ | 0.15 |   |

|                                                                                                   |   | Three Months Ended September 30, 2009 |     |
|--------------------------------------------------------------------------------------------------------|--------|---------------------------------------|----------|
|                                                                                                   |   |    Income                   |     |   | Weighted-averageShares |   |   |   Per ShareAmount |   |
| Basic Earnings Per Common Share                                                                        |   |                                  |     |   |   |   |   |   |   |
| Net income                                                                                             |   | $                                     | 621,234  |   |   |   |   |   |   |   |
| Preferred stock dividends and accretion                                                                |   |                                  | (176,983 | ) |   |   |   |   |   |   |
| Income available to common shareholders                                                                |   |                                  | 444,251  |   |   |   | 4,480,994 |   |   | $ | 0.10 |   |
|                                                                                                   |   |                                  |     |   |   |   |   |   |   |   |   |   |
| Effect of dilutive securities                                                                          |   |                                  |     |   |   |   |   |   |   |   |   |   |
| Stock options and unvested stock awards                                                                |   |                                  |     |   |   |   | 22,130 |   |   |   |   |   |
|                                                                                                   |   |                                  |     |   |   |   |   |   |   |   |   |   |
| Diluted Earnings Per Common Share                                                                      |   |                                  |     |   |   |   |   |   |   |   |   |   |
| Net income available to common shareholders      plus assumed conversion |   | $                                     | 444,251  |   |   |   | 4,503,124 |   |   | $ | 0.10 |   |

|                                                                                               |   | Nine Months Ended September 30, 2010 |      |
|----------------------------------------------------------------------------------------------------|--------|--------------------------------------|-----------|
|                                                                                               |   |    Income                  |      |   | Weighted-averageShares |   |   |   Per ShareAmount |   |
| Basic Earnings Per Common Share                                                                    |   |                                 |      |   |   |   |   |   |   |
| Net income                                                                                         |   | $                                    | 2,376,416 |   |   |   |   |   |   |   |
| Preferred stock dividends and accretion                                                            |   |                                 | (530,952  | ) |   |   |   |   |   |   |
| Income available to common shareholders                                                            |   |                                 | 1,845,464 |   |   |   | 4,541,164 |   |   | $ | 0.41 |   |
|                                                                                               |   |                                 |      |   |   |   |   |   |   |   |   |   |
| Effect of dilutive securities                                                                      |   |                                 |      |   |   |   |   |   |   |   |   |   |
| Stock options and unvested stock awards                                                            |   |                                 |      |   |   |   | 29,862 |   |   |   |   |   |
|                                                                                               |   |                                 |      |   |   |   |   |   |   |   |   |   |
| Diluted Earnings Per Common Share                                                                  |   |                                 |      |   |   |   |   |   |   |   |   |   |
| Income available to common shareholders      plus assumed conversion |   | $                                    | 1,845,464 |   |   |   | 4,571,026 |   |   | $ | 0.40 |   |
|                                                                                               |   |

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|                                                                                                   |   | Nine Months Ended September 30, 2009 |      |
|--------------------------------------------------------------------------------------------------------|--------|--------------------------------------|-----------|
|                                                                                                   |   |    Income                  |      |   | Weighted-averageShares |   |   |   Per ShareAmount |   |
| Basic Earnings Per Common Share                                                                        |   |                                 |      |   |   |   |   |   |   |
| Net income                                                                                             |   | $                                    | 1,632,534 |   |   |   |   |   |   |   |
| Preferred stock dividends and accretion                                                                |   |                                 | (542,618  | ) |   |   |   |   |   |   |
| Income available to common shareholders                                                                |   |                                 | 1,089,916 |   |   |   | 4,459,308 |   |   | $ | 0.24 |   |
|                                                                                                   |   |                                 |      |   |   |   |   |   |   |   |   |   |
| Effect of dilutive securities                                                                          |   |                                 |      |   |   |   |   |   |   |   |   |   |
| Stock options and unvested stock awards                                                                |   |                                 |      |   |   |   | 12,117 |   |   |   |   |   |
|                                                                                                   |   |                                 |      |   |   |   |   |   |   |   |   |   |
| Diluted Earnings Per Common Share                                                                      |   |                                 |      |   |   |   |   |   |   |   |   |   |
| Net income available to common shareholders      plus assumed conversion |   | $                                    | 1,089,916 |   |   |   | 4,471,425 |   |   | $ | 0.24 |   |

|                                                                                                                         |   |      |        |   | Gross      |   |      | Gross      |   |   |     |   |
|------------------------------------------------------------------------------------------------------------------------------|--------|-----------|-------------|--------|------------|--------|-----------|------------|--------|--------|----------|--------|
|                                                                                                                         |   | Amortized |        |   | Unrealized |   |      | Unrealized |   |   | Fair     |   |
| September 30, 2010                                                                                                      |   | Cost      |        |   | Gains      |   |      | Losses     |   |   | Value    |   |
|                                                                                                                         |   |      |        |   |       |   |      |       |   |   |     |   |
| Available for sale-                                                                                                          |   |      |        |   |       |   |      |       |   |   |     |   |
| U. S. Treasury securities and                                                                                                |   |      |        |   |       |   |      |       |   |   |     |   |
| obligations of U.S. Government                                                                                               |   |      |        |   |       |   |      |       |   |   |     |   |
|    sponsored corporations (“GSE”) and        agencies     |   | $         | 51,478,181  |   |       | $      | 142,145   |       |   |   | 0        |   |   | $ | 51,620,326 |   |
|    Residential collateralized        mortgage obligations – GSE |   |      | 27,087,179  |   |       |   | 793,704   |       |   |   | (15,993  | )      |   |   | 27,864,890 |   |
| Residential mortgage     backed securities – GSE                                              |   |      | 18,974,750  |   |       |   | 1,392,481 |       |   |   | 0        |   |   |   | 20,367,231 |   |
| Obligations of State and                                                                                                     |   |      |        |   |       |   |      |       |   |   |     |   |   |   |   |   |
| Political subdivisions                                                                                                       |   |      | 3,262,254   |   |       |   | 61,330    |       |   |   | (34,427  | )      |   |   | 3,289,157 |   |
|     Trust preferred debt securities – single issuer                                                |   |      | 2,459,732   |   |       |   | 0         |       |   |   | (612,259 | )      |   |   | 1,847,473 |   |
|     Corporate Debt Securities                                                                            |   |      | 1,508,344   |   |       |   | 1,756     |       |   |   | (1,598   | )      |   |   | 1,508,502 |   |
|     Restricted stock                                                                                     |   |      | 3,629,100   |   |       |   | 0         |       |   |   | 0        |   |   |   | 3,629,100 |   |
|     Mutual fund                                                                                          |   |      | 25,000      |   |       |   | 0         |       |   |   | 0        |   |   |   | 25,000 |   |
|                                                                                                                         |   |      |        |   |       |   |      |       |   |   |     |   |   |   |   |   |
|                                                                                                                         |   | $         | 108,424,540 |   |       | $      | 2,391,416 |       |   | $      | (664,277 | )      |   | $ | 110,151,679 |   |

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Table of Contents

|              September 30, 2010                                                                                                 |   |      Amortized Cost |       |   | Other-Than-Temporary Impairment Recognized InAccumulated Other ComprehensiveIncome |   |     |      CarryingValue |   |   |     GrossUnrealizedGains |   |   |     GrossUnrealizedLosses |      |   |      FairValue |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------|------------|--------|------------------------------------------------------------------------------------|--------|----------|---------------------------------------------|--------|--------|----------------------------------------------|--------|--------|-----------------------------------------------|-----------|--------|-----------------------------------------|--------|
| Held to maturity-                                                                                                                                                                                |   |                                         |       |   |                                                                               |   |     |                                        |   |   |                                         |   |   |                                          |      |   |                                    |   |
|     U. S. Treasury securities and                                                                                                                                            |   |                                         |       |   |                                                                               |   |     |                                        |   |   |                                         |   |   |                                          |      |   |                                    |   |
|          obligations of U.S. Government                                                                                                             |   |                                         |       |   |                                                                               |   |     |                                        |   |   |                                         |   |   |                                          |      |   |                                    |   |
|          sponsored corporations (“GSE”) and              agencies |   | $                                            | 60,157,804 |   |                                                                               | $      | -        |                                        |   | $      | 60,157,804                                   |   |   | $                                             | 248,072   |   |                                    | $      | (3,120 | ) |   | $ | 60,402,756 |   |
|     Residential collateralized        mortgage obligations – GSE                                                               |   |                                         | 2,957,348  |   |                                                                               |   | -        |                                        |   |   | 2,957,348                                    |   |   |                                          | 111,490   |   |                                    |   | 0 |   |   |   | 3,068,838 |   |
|     Residential mortgage backed        securities - GSE                                                                              |   |                                         | 6,624,796  |   |                                                                               |   | -        |                                        |   |   | 6,624,796                                    |   |   |                                          | 229,913   |   |                                    |   | (2,526 | ) |   |   | 6,852,183 |   |
| Obligations of State and                                                                                                                                                                         |   |                                         |       |   |                                                                               |   |     |                                        |   |   |                                         |   |   |                                          |      |   |                                    |   |   |   |   |   |   |   |
|       Political subdivisions                                                                                                                                       |   |                                         | 8,066,837  |   |                                                                               |   | -        |                                        |   |   | 8,066,837                                    |   |   |                                          | 384,675   |   |                                    |   | (452 | ) |   |   | 8,451,060 |   |
| Trust preferred debt securities - pooled                                                                                                                                                         |   |                                         | 637,812    |   |                                                                               |   | (500,944 | )                                           |   |   | 136,868                                      |   |   |                                          | 0         |   |                                    |   | (44,723 | ) |   |   | 92,145 |   |
| Corporate debt securities                                                                                                                                                                        |   |                                         | 7,891,860  |   |                                                                               |   | -        |                                        |   |   | 7,891,860                                    |   |   |                                          | 81,107    |   |                                    |   | (24,494 | ) |   |   | 7,948,473 |   |
|                                                                                                                                                                                             |   |                                         |       |   |                                                                               |   |     |                                        |   |   |                                         |   |   |                                          |      |   |                                    |   |   |   |   |   |   |   |
|                                                                                                                                                                                             |   | $                                            | 86,336,457 |   |                                                                               | $      | (500,944 | )                                           |   | $      | 85,835,513                                   |   |   | $                                             | 1,055,257 |   |                                    | $      | (75,315 | ) |   | $ | 86,815,455 |   |

|                                                                                                                                                                         |   |      |        |   | Gross      |   |      | Gross      |   |   |       |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------|-------------|--------|------------|--------|-----------|------------|--------|--------|------------|--------|
|                                                                                                                                                                         |   | Amortized |        |   | Unrealized |   |      | Unrealized |   |   | Fair       |   |
| December 31, 2009                                                                                                                                                            |   | Cost      |        |   | Gains      |   |      | Losses     |   |   | Value      |   |
|                                                                                                                                                                         |   |      |        |   |       |   |      |       |   |   |       |   |
| Available for sale-                                                                                                                                                          |   |      |        |   |       |   |      |       |   |   |       |   |
| U. S. Treasury securities and                                                                                                                                                |   |      |        |   |       |   |      |       |   |   |       |   |
| obligations of U.S. Government                                                                                                                                               |   |      |        |   |       |   |      |       |   |   |       |   |
| sponsored corporations (“GSE”)      and agencies                                                                                   |   | $         | 138,351,028 |   |       | $      | 291,906   |       |   | $      | (673,252   | )      |   | $ | 137,969,682 |   |
|        Residential collateralized mortgage            obligations – GSE |   |      | 34,749,123  |   |       |   | 172,698   |       |   |   | (252,023   | )      |   |   | 34,669,798 |   |
| Residential mortgage backed     securities – GSE                                                                                              |   |      | 24,182,584  |   |       |   | 1,449,071 |       |   |   | 0          |   |   |   | 25,631,655 |   |
| Obligations of State and                                                                                                                                                     |   |      |        |   |       |   |      |       |   |   |       |   |   |   |   |   |
| Political subdivisions                                                                                                                                                       |   |      | 2,633,210   |   |       |   | 45,644    |       |   |   | (91,212    | )      |   |   | 2,587,642 |   |
|         Trust preferred debt securities          – single issuer             |   |      | 2,457,262   |   |       |   | 0         |       |   |   | (687,089   | )      |   |   | 1,770,173 |   |
|         Restricted Stock                                                                                                             |   |      | 1,464,900   |   |       |   | 0         |       |   |   | 0          |   |   |   | 1,464,900 |   |
|         Mutual Fund                                                                                                                  |   |      | 25,000      |   |       |   | 0         |       |   |   | 0          |   |   |   | 25,000 |   |
|                                                                                                                                                                         |   |      |        |   |       |   |      |       |   |   |       |   |   |   |   |   |
|                                                                                                                                                                         |   | $         | 203,863,107 |   |       | $      | 1,959,319 |       |   | $      | (1,703,576 | )      |   | $ | 204,118,850 |   |

| December 31, 2009                                                                                                                  |   |      Amortized Cost |       |   | Other-Than-Temporary Impairment Recognized InAccumulated Other ComprehensiveLoss |   |     |      CarryingValue |   |   |     GrossUnrealizedGains |   |   |     GrossUnrealizedLosses |    |   |      FairValue |   |
|------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------|------------|--------|----------------------------------------------------------------------------------|--------|----------|---------------------------------------------|--------|--------|----------------------------------------------|--------|--------|-----------------------------------------------|---------|--------|-----------------------------------------|--------|
| Held to maturity-                                                                                                                  |   |                                         |       |   |                                                                             |   |     |                                        |   |   |                                         |   |   |                                          |    |   |                                    |   |
|     Residential collateralized        mortgage obligations – GSE |   | $                                            | 4,881,475  |   |                                                                             | $      | -        |                                        |   | $      | 4,881,475                                    |   |   | $                                             | 150,055 |   |                                    | $      | 0 |   |   | $ | 5,031,530 |   |
|     Residential mortgage backed          securities - GSE    |   |                                         | 6,111,131  |   |                                                                             |   | -        |                                        |   |   | 6,111,131                                    |   |   |                                          | 97,782  |   |                                    |   | (29,521 | ) |   |   | 6,179,392 |   |
| Obligations of State and                                                                                                           |   |                                         |       |   |                                                                             |   |     |                                        |   |   |                                         |   |   |                                          |    |   |                                    |   |   |   |   |   |   |   |
|       Political subdivisions                                                                         |   |                                         | 8,600,596  |   |                                                                             |   | -        |                                        |   |   | 8,600,596                                    |   |   |                                          | 270,947 |   |                                    |   | 0 |   |   |   | 8,871,543 |   |
| Trust preferred debt securities - pooled                                                                                           |   |                                         | 633,998    |   |                                                                             |   | (500,944 | )                                           |   |   | 133,054                                      |   |   |                                          | 0       |   |                                    |   | 0 |   |   |   | 133,054 |   |
| Corporate debt securities                                                                                                          |   |                                         | 3,882,724  |   |                                                                             |   | -        |                                        |   |   | 3,882,724                                    |   |   |                                          | 117,287 |   |                                    |   | 0 |   |   |   | 4,000,011 |   |
|                                                                                                                               |   |                                         |       |   |                                                                             |   |     |                                        |   |   |                                         |   |   |                                          |    |   |                                    |   |   |   |   |   |   |   |
|                                                                                                                               |   | $                                            | 24,109,924 |   |                                                                             | $      | (500,944 | )                                           |   | $      | 23,608,980                                   |   |   | $                                             | 636,071 |   |                                    | $      | (29,521 | ) |   | $ | 24,215,530 |   |

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|                                                                 |   | AmortizedCost |        |   | FairValue |   |
|----------------------------------------------------------------------|--------|---------------|-------------|--------|-----------|--------|
| Available for sale-                                                  |   |          |        |
|      Due in one year or less                |   | $             | 43,293,923  |   |      | $      | 43,395,065 |   |
|      Due after one year through five years  |   |          | 12,220,865  |   |      |   | 12,309,179 |   |
|      Due after five years through ten years |   |          | 7,567,192   |   |      |   | 7,976,701 |   |
|      Due after ten years                    |   |          | 45,342,560  |   |      |   | 46,470,734 |   |
| Total                                                                |   | $             | 108,424,540 |   |      | $      | 110,151,679 |   |
|                                                                 |   |          |        |   |      |   |   |   |
| Held to maturity-                                                    |   |          |        |   |      |   |   |   |
|      Due in one year or less                |   | $             | 1,752,162   |   |      | $      | 1,758,030 |   |
|      Due after one year through five years  |   |          | 47,823,280  |   |      |   | 48,132,857 |   |
|      Due after five years through ten years |   |          | 28,409,840  |   |      |   | 28,800,416 |   |
|      Due after ten years                    |   |          | 8,351,175   |   |      |   | 8,124,152 |   |
| Total                                                                |   | $             | 86,336,457  |   |      | $      | 86,815,455 |   |

| September 30, 2010                                                                                                                                                                            |   |                |   |   | Less than 12 months |   |      | 12 months or longer |   |   | Total            |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|--------|--------|---------------------|--------|-----------|---------------------|--------|--------|------------------|--------|
|                                                                                                                                                                                          |   | Number ofSecurities |   |   |  Fair Value    |   |      | Unrealized Losses   |   |   |  Fair Value |   |   | Unrealized Losses |   |   |  Fair Value |   |   | Unrealized Losses |   |
| U.S. Treasury securities and obligations      of U.S. Government sponsored          corporations and agencies |   |                | 2      |   |                | $      | 1,996,880 |                |   | $      | (3,120           | )      |   | $ | - |   |   | $ | - |   |   | $ | 1,996,880 |   |   | $ | (3,120 | ) |
|                                                                                                                                                                                          |   |                |   |   |                |   |      |                |   |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Residential collateralized mortgage     obligations - GSE                                                                                                            |   |                | 1      |   |                |   |      |                |   |   |             |   |   |   | 418,777 |   |   |   | (15,993 | ) |   |   | 418,777 |   |   |   | (15,993 | ) |
|                                                                                                                                                                                          |   |                |   |   |                |   |      |                |   |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Residential mortgage backed securities – GSE                                                                                                                                            |   |                | 1      |   |                |   | 1,033,889 |                |   |   | (2,526           | )      |   |   |   |   |   |   |   |   |   |   | 1,033,889 |   |   |   | (2,526 | ) |
|                                                                                                                                                                                          |   |                |   |   |                |   |      |                |   |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Obligations of State and Political    Subdivisions                                                                                                                        |   |                | 3      |   |                |   | 583,105   |                |   |   | (1,008           | )      |   |   | 980,311 |   |   |   | (33,871 | ) |   |   | 1,563,416 |   |   |   | (34,879 | ) |
|                                                                                                                                                                                          |   |                |   |   |                |   |      |                |   |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Trust preferred debt securities – single issuer                                                                                                                                         |   |                | 4      |   |                |   | 0         |                |   |   | 0                |   |   |   | 1,847,473 |   |   |   | (612,259 | ) |   |   | 1,847,473 |   |   |   | (612,259 | ) |
|                                                                                                                                                                                          |   |                |   |   |                |   |      |                |   |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Trust preferred debt securities – pooled                                                                                                                                                |   |                | 1      |   |                |   | 0         |                |   |   | 0                |   |   |   | 92,145 |   |   |   | (545,667 | ) |   |   | 92,145 |   |   |   | (545,667 | ) |
|                                                                                                                                                                                          |   |                |   |   |                |   |      |                |   |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Corporate Debt Securities                                                                                                                                                                     |   |                | 7      |   |                |   | 5,303,538 |                |   |   | (26,092          | )      |   |   | 0 |   |   |   | 0 |   |   |   | 5,303,538 |   |   |   | (26,092 | ) |
|                                                                                                                                                                                          |   |                |   |   |                |   |      |                |   |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Total temporarily impaired securities                                                                                                                                             |   |                | 19     |   |                | $      | 8,917,412 |                |   | $      | (32,746          | )      |   | $ | 3,338,706 |   |   | $ | (1,207,790 | ) |   | $ | 12,256,118 |   |   | $ | (1,240,536 | ) |
|                                                                                                                                                                                          |   |                |   |   |                |   |      |                |   |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| December 31, 2009                                                                              |   |                |   |   | Less than 12 months |   |       | 12 months or longer |   |   | Total      |   |
|------------------------------------------------------------------------------------------------|--------|---------------------|--------|--------|---------------------|--------|------------|---------------------|--------|--------|------------|--------|
|                                                                                           |   | Number ofSecurities |   |   | Fair Value          |   |       | Unrealized Losses   |   |   | Fair Value |   |   | Unrealized Losses |   |   | Fair Value |   |   | Unrealized Losses |   |
| U.S. Government sponsored     corporations and agencies               |   |                | 33     |   |                | $      | 73,177,106 |                |   | $      | (673,252   | )      |   | $ | - |   |   | $ | - |   |   | $ | 73,177,106 |   |   | $ | (673,252 | ) |
|                                                                                           |   |                |   |   |                |   |       |                |   |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Residential collateralized mortgage      Obligations – GSE |   |                | 5      |   |                |   | 9,399,574  |                |   |   | (158,696   | )      |   |   | 428,264 |   |   |   | (93,327 | ) |   |   | 9,827,838 |   |   |   | (252,023 | ) |
|                                                                                           |   |                |   |   |                |   |       |                |   |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Residential mortgage backed securities - GSE                                                   |   |                | 1      |   |                |   | 2,885,660  |                |   |   | (29,521    | )      |   |   | - |   |   |   | - |   |   |   | 2,885,660 |   |   |   | (29,521 | ) |
|                                                                                           |   |                |   |   |                |   |       |                |   |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Obligations of State and Political     Subdivisions                   |   |                | 1      |   |                |   | 924,549    |                |   |   | (91,212    | )      |   |   | - |   |   |   | - |   |   |   | 924,549 |   |   |   | (91,212 | ) |
|                                                                                           |   |                |   |   |                |   |       |                |   |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Trust preferred debt securities – single issuer                                          |   |                | 4      |   |                |   | -          |                |   |   | -          |   |   |   | 1,770,172 |   |   |   | (687,089 | ) |   |   | 1,770,172 |   |   |   | (687,089 | ) |
|                                                                                           |   |                |   |   |                |   |       |                |   |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Trust preferred debt securities – pooled                                                 |   |                | 1      |   |                |   | -          |                |   |   | -          |   |   |   | 133,054 |   |   |   | (500,944 | ) |   |   | 133,054 |   |   |   | (500,944 | ) |
|                                                                                           |   |                |   |   |                |   |       |                |   |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Total temporarily impaired securities                                              |   |                | 45     |   |                | $      | 86,386,889 |                |   | $      | (952,681   | )      |   | $ | 2,331,490 |   |   | $ | (1,281,360 | ) |   | $ | 88,718,379 |   |   | $ | (2,234,041 | ) |
|                                                                                           |   |                |   |   |                |   |       |                |   |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

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| (in thousands)                 |   | Three and nine months endedSeptember 30, 2010 |   |
|--------------------------------|--------|-----------------------------------------------|--------|
| Balance at beginning of period |   | $                                             | 364    |   |
| Change during the period       |   |                                          | -      |   |
| Balance at end of period       |   | $                                             | 364    |   |

| Stock Options                                   |   | Number ofShares |    |   | WeightedAverageExercise Price |   |   | WeightedAverageRemainingContractualTerm (years) |   |   | AggregateIntrinsicValue |   |
|-------------------------------------------------|--------|-----------------|---------|--------|-------------------------------|--------|--------|-------------------------------------------------|--------|--------|-------------------------|--------|
| Outstanding at January 1, 2010                  |   |            | 154,710 |   |                          | $      | 11.04  |                                            |   |   |                    |   |   |   |
|      Options Granted   |   |            | --      |   |                          |   | --     |                                            |   |   |                    |   |   |   |
|      Options Exercised |   |            | (311    | )      |                          |   | 3.58   |                                            |   |   |                    |   |   |   |
|      Options Forfeited |   |            | (2,293  | )      |                          |   | 9.47   |                                            |   |   |                    |   |   |   |
|      Options Expired   |   |            | --      |   |                          |   | --     |                                            |   |   |                    |   |   |   |
| Outstanding at September 30, 2010               |   |            | 152,106 |   |                          | $      | 11.07  |                                            |   |   | 5.4                     |   |   | $ | 42,163 |   |
|                                            |   |            |    |   |                          |   |   |                                            |   |   |                    |   |   |   |   |   |
| Exercisable at September 30, 2010               |   |            | 110,613 |   |                          | $      | 11.53  |                                            |   |   | 4.4                     |   |   | $ | 42,163 |   |

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| Nonvested shares                              |   | Number ofShares |    |   | Average Grant Date Fair Value |   |
|-----------------------------------------------|--------|-----------------|---------|--------|-------------------------------|--------|
| Non-vested stock awards at January 1, 2010    |   |            | 75,769  |   |                          | $      | 9.53 |   |
| Shares granted                                |   |            | 53,675  |   |                          |   | 7.19 |   |
| Shares vested                                 |   |            | (13,316 | )      |                          |   | 12.16 |   |
| Shares forfeited                              |   |            | (2,928  | )      |                          |   | 10.11 |   |
| Non-vested stock awards at September 30, 2010 |   |            | 113,200 |   |                          | $      | 8.09 |   |

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|                          |   | Three months endedSeptember 30 |    |   | Nine month endedSeptember 30 |   |
|-------------------------------|--------|--------------------------------|---------|--------|------------------------------|--------|
|                          |   | 2010                           |    |   | 2009                         |   |   | 2010 |   |   | 2009 |   |
|                          |   |                           |    |   |                         |   |   |   |   |   |   |   |
| Service cost                  |   | $                              | 56,514  |   |                         | $      | 79,544 |   |   | $ | 169,542 |   |   | $ | 220,182 |   |
| Interest cost                 |   |                           | 48,435  |   |                         |   | 45,630 |   |   |   | 145,305 |   |   |   | 136,890 |   |
| Actuarial loss recognized     |   |                           | 38,517  |   |                         |   | 21,744 |   |   |   | 115,551 |   |   |   | 65,232 |   |
| Prior service cost recognized |   |                           | 24,858  |   |                         |   | 24,750 |   |   |   | 74,574 |   |   |   | 74,358 |   |
|                          |   | $                              | 168,324 |   |                         | $      | 171,668 |   |   | $ | 504,972 |   |   | $ | 496,662 |   |
|                          |   |                           |    |   |                         |   |   |   |   |   |   |   |   |   |   |   |

|                                                                                       |   | September 30, |      |   | December 31, |   |
|--------------------------------------------------------------------------------------------|--------|---------------|-----------|--------|--------------|--------|
|                                                                                       |   | 2010          |      |   | 2009         |   |
| Unrealized holding gains on                                                                |   |          |      |   |         |   |
| securities available for sale                                                              |   | $             | 1,727,139 |   |         | $      | 255,744 |   |
| Related income tax effect                                                                  |   |          | (587,228  | )      |         |   | (86,953 | ) |
|                                                                                       |   |          | 1,139,911 |   |         |   | 168,791 |   |
|                                                                                       |   |          |      |   |         |   |   |   |
| Unrealized impairment loss      on held to maturity security |   |          | (500,944  | )      |         |   | (500,944 | ) |
| Related income tax effect                                                                  |   |          | 170,321   |   |         |   | 170,321 |   |
|                                                                                       |   |          | (330,623  | )      |         |   | (330,623 | ) |
|                                                                                       |   |          |      |   |         |   |   |   |
| Unrealized loss on interest rate swap contract                                             |   |          | (526,771  | )      |         |   | (883,806 | ) |
| Related income tax effect                                                                  |   |          | 208,329   |   |         |   | 353,772 |   |
|                                                                                       |   |          | (318,442  | )      |         |   | (530,034 | ) |
|                                                                                       |   |          |      |   |         |   |   |   |
| Pension liability                                                                          |   |          | (305,461  | )      |         |   | (647,228 | ) |
| Related income tax effect                                                                  |   |          | 122,190   |   |         |   | 258,425 |   |
|                                                                                       |   |          | (183,271  | )      |         |   | (388,803 | ) |
|                                                                                       |   |          |      |   |         |   |   |   |
| Accumulated other comprehensive income (loss)                                              |   | $             | 307,575   |   |         | $      | (1,080,669 | ) |
|                                                                                       |   |          |      |   |         |   |   |   |

|                        |   | Net Unrealized Gains on Available forSale Securities |      |   | Net Unrealized Impairment Loss On Held toMaturity Security |   |     | Net Change inFair Value ofInterest RateSwap Contract |   |   | Net Change Related to Defined Benefit Pension Plans |   |   | AccumulatedOther Comprehensive Income (Loss) |     |
|-----------------------------|--------|-----------------------------------------------------------|-----------|--------|----------------------------------------------------------------------|--------|----------|------------------------------------------------------|--------|--------|-----------------------------------------------------|--------|--------|----------------------------------------------|----------|
| Balances, December 31, 2009 |   | $                                                         | 168,791   |   |                                                                 | $      | (330,623 | )                                                    |   | $      | (530,034                                            | )      |   | $                                            | (388,803 | ) |   | $ | (1,080,669 | ) |
|                        |   |                                                      |      |   |                                                                 |   |     |                                                 |   |   |                                                |   |   |                                         |     |   |   |   |   |   |
| Net change                  |   |                                                      | 971,120   |   |                                                                 |   | 0        |                                                 |   |   | 211,592                                             |   |   |                                         | 205,532  |   |   |   | 1,388,244 |   |
|                        |   |                                                      |      |   |                                                                 |   |     |                                                 |   |   |                                                |   |   |                                         |     |   |   |   |   |   |
| Balance, September 30, 2010 |   | $                                                         | 1,139,911 |   |                                                                 | $      | (330,623 | )                                                    |   | $      | (318,442                                            | )      |   | $                                            | (188,271 | ) |   | $ | 307,575 |   |

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| Level 1:    | Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. |
|----------------------------|-------------------------------------------------------------------------------------------------------------------------------------------|

| Level 2:    | Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. |
|----------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Level 3:    | Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported with little or no market activity). |
|----------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                                      |   | Level 1 Inputs |   |   | Level 2 Inputs |   |        | Level 3 Inputs |   |   | Total Fair Value |   |
|-------------------------------------------|--------|----------------|--------|--------|----------------|--------|-------------|----------------|--------|--------|------------------|--------|
| September 30, 2010:                       |   |           |   |   |           |   |        |           |   |   |             |   |
|   Securities available for sale |   | $              | -      |   |           | $      | 110,151,679 |           |   | $      | -                |   |   | $ | 110,151,679 |   |
|   Derivative liabilities        |   |           | -      |   |           |   | (526,771    | )              |   |   | -                |   |   |   | (526,771 | ) |
|                                      |   |           |   |   |           |   |        |           |   |   |             |   |   |   |   |   |
| December 31, 2009:                        |   |           |   |   |           |   |        |           |   |   |             |   |   |   |   |   |
|   Securities available for sale |   | $              | -      |   |           | $      | 204,118,850 |           |   | $      | -                |   |   | $ | 204,118,850 |   |
|   Derivative liabilities        |   |           | -      |   |           |   | (883,806    | )              |   |   | -                |   |   |   | (883,806 | ) |

|                      |   | Level 1 Inputs |   |   | Level 2 Inputs |   |    | Level 3 Inputs |   |   | Total Fair Value |   |
|---------------------------|--------|----------------|--------|--------|----------------|--------|---------|----------------|--------|--------|------------------|--------|
| September 30, 2010:       |   |           |   |   |           |   |    |           |   |   |             |   |
| Impaired loans            |   | $              | -      |   |           | $      | -       |           |   | $      | 2,935,836        |   |   | $ | 2,935,836 |   |
| Other real estate owned   |   |           | -      |   |           |   | -       |           |   |   | 1,048,000        |   |   |   | 1,048,000 |   |
|                      |   |           |   |   |           |   |    |           |   |   |             |   |   |   |   |   |
| December 31, 2009:        |   |           |   |   |           |   |    |           |   |   |             |   |   |   |   |   |
| Impaired loans            |   | $              | -      |   |           | $      | -       |           |   | $      | 1,116,129        |   |   | $ | 1,116,129 |   |
| Other real estate owned   |   |           | -      |   |           |   | -       |           |   |   | 1,362,621        |   |   |   | 1,362,621 |   |
| Security held to maturity |   |           | -      |   |           |   | 133,054 |           |   |   | -                |   |   |   | 133,054 |   |

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|                                     |   | September 30, 2010 |         |   | December 31, 2009 |   |
|------------------------------------------|--------|--------------------|--------------|--------|-------------------|--------|
|                                     |   | Carrying           |         |   | Estimated         |   |   | Carrying |   |   | Estimated |   |
|                                     |   | Value              |         |   | Fair Value        |   |   | Value |   |   | Fair Value |   |
|                                     |   |               |         |   |              |   |   |   |   |   |   |   |
| Cash and cash equivalents                |   | $                  | 13,981,801   |   |              | $      | 13,981,801 |   |   | $ | 25,854,285 |   |   | $ | 25,854,285 |   |
| Securities available for sale       |   |               | 110,151,679  |   |              |   | 110,151,679 |   |   |   | 204,118,850 |   |   |   | 204,118,850 |   |
| Securities held to maturity         |   |               | 85,835,513   |   |              |   | 86,815,455 |   |   |   | 23,608,980 |   |   |   | 24,215,530 |   |
| Loans held for sale                 |   |               | 17,681,284   |   |              |   | 17,681,284 |   |   |   | 21,514,785 |   |   |   | 21,514,785 |   |
| Gross loans                         |   |               | 442,118,479  |   |              |   | 440,523,000 |   |   |   | 379,945,735 |   |   |   | 379,617,000 |   |
| Accrued interest receivable              |   |               | 2,338,878    |   |              |   | 2,338,878 |   |   |   | 2,274,087 |   |   |   | 2,274,087 |   |
| Deposits                            |   |               | (537,853,229 | )      |              |   | (539,923,000 | ) |   |   | (572,155,354 | ) |   |   | (573,596,000 | ) |
| Other borrowings                    |   |               | (70,100,000  | )      |              |   | (72,336,000 | ) |   |   | (22,500,000 | ) |   |   | (25,321,000 | ) |
| Redeemable subordinated debentures  |   |               | (18,557,000  | )      |              |   | (18,557,000 | ) |   |   | (18,557,000 | ) |   |   | (18,557,000 | ) |
| Accrued interest payable                 |   |               | (1,265,447   | )      |              |   | (1,265,447 | ) |   |   | (1,757,151 | ) |   |   | (1,757,151 | ) |
| Interest rate swap contract         |   |               | (526,771     | )      |              |   | (526,771 | ) |   |   | (883,806 | ) |   |   | (883,806 | ) |

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|  Maturity |  Hedged Liability | NotionalAmounts | Swap FixedInterest Rates | Swap VariableInterest Rates        |
|----------------|------------------------|-----------------|--------------------------|------------------------------------|
|           |                   |            |                     |                               |
| June 15, 2011  | Subordinated Debenture | $18,000,000     | 5.87%                    | 3 month LIBOR plus165 basis points |

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

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|  Non-interest Expenses             |   | Three months ended September 30, |      |
|-----------------------------------------|--------|----------------------------------|-----------|
|                                    |   | 2010                             |      |   | 2009 |   |
| Salaries and employee benefits          |   | $                                | 2,532,427 |   |   | $ | 2,338,830 |   |
| Occupancy expenses                      |   |                             | 499,745   |   |   |   | 464,799 |   |
| Data processing services                |   |                             | 284,554   |   |   |   | 281,177 |   |
| Equipment expense                       |   |                             | 176,262   |   |   |   | 151,080 |   |
| Marketing                               |   |                             | 31,791    |   |   |   | 22,937 |   |
| Regulatory, professional and other fees |   |                             | 300,316   |   |   |   | 209,963 |   |
| Office expense                          |   |                             | 153,159   |   |   |   | 134,516 |   |
| FDIC insurance expense                  |   |                             | 94,034    |   |   |   | 183,386 |   |
| Directors’ fees                   |   |                             | 21,500    |   |   |   | 20,000 |   |
| Other real estate owned expenses        |   |                             | 56,279    |   |   |   | 1,579 |   |
| Other expenses                          |   |                             | 222,237   |   |   |   | 284,735 |   |
|                                    |   | $                                | 4,372,297 |   |   | $ | 4,093,002 |   |

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| Average Balance Sheets with Resultant Interest and Rates                                  |   |
|-------------------------------------------------------------------------------------------|--------|
| (interest and yields on a tax-equivalent basis)                                           |   | Nine months endedSeptember 30, 2010 |   |   | Nine months endedSeptember 30, 2009 |   |
|                                                                                      |   | AverageBalance |   |   | Interest |   |   | AverageRate |   |   | AverageBalance |   |   | Interest |   |   | AverageRate |   |
| Assets:                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Federal Funds Sold/Short-Term Investments                                                 |   | $ | 20,372,193 |   |   | $ | 37,278 |   |   |   | 0.24 | % |   | $ | 37,265,145 |   |   | $ | 73,799 |   |   |   | 0.26 | % |
|  Investment Securities:                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Taxable                                                                                   |   |   | 208,285,561 |   |   |   | 3,843,035 |   |   |   | 2.47 | % |   |   | 115,326,937 |   |   |   | 3,630,530 |   |   |   | 4.21 | % |
| Tax-exempt                                                                                |   |   | 11,067,976 |   |   |   | 475,098 |   |   |   | 5.74 | % |   |   | 12,767,138 |   |   |   | 552,495 |   |   |   | 5.79 | % |
| Total                                                                                     |   |   | 219,353,537 |   |   |   | 4,318,133 |   |   |   | 2.63 | % |   |   | 128,094,075 |   |   |   | 4,183,025 |   |   |   | 4.37 | % |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loan Portfolio:                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Construction                                                                              |   |   | 72,139,313 |   |   |   | 3,151,328 |   |   |   | 5.84 | % |   |   | 90,940,471 |   |   |   | 4,114,914 |   |   |   | 6.05 | % |
| Residential real estate                                                                   |   |   | 11,041,367 |   |   |   | 483,930 |   |   |   | 5.86 | % |   |   | 10,974,870 |   |   |   | 502,757 |   |   |   | 6.12 | % |
| Home Equity                                                                               |   |   | 13,688,792 |   |   |   | 598,498 |   |   |   | 5.85 | % |   |   | 14,738,216 |   |   |   | 641,614 |   |   |   | 5.91 | % |
| Commercial and commercial real estate                                                     |   |   | 139,894,364 |   |   |   | 7,068,973 |   |   |   | 6.76 | % |   |   | 140,412,371 |   |   |   | 7,302,907 |   |   |   | 6.95 | % |
| Mortgage warehouse lines                                                                  |   |   | 123,355,017 |   |   |   | 4,358,522 |   |   |   | 4.72 | % |   |   | 118,247,907 |   |   |   | 4,061,095 |   |   |   | 4.59 | % |
| Installment                                                                               |   |   | 550,213 |   |   |   | 31,148 |   |   |   | 7.57 | % |   |   | 792,600 |   |   |   | 47,187 |   |   |   | 7.96 | % |
| All Other Loans                                                                           |   |   | 29,064,357 |   |   |   | 1,722,022 |   |   |   | 7.92 | % |   |   | 32,750,134 |   |   |   | 1,714,808 |   |   |   | 7.00 | % |
| Total                                                                                     |   |   | 389,733,423 |   |   |   | 17,414,421 |   |   |   | 5.97 | % |   |   | 408,856,569 |   |   |   | 18,395,282 |   |   |   | 6.02 | % |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total Interest-Earning Assets                                                             |   |   | 629,459,153 |   |   |   | 21,769,832 |   |   |   | 4.62 | % |   |   | 574,215,789 |   |   |   | 22,652,106 |   |   |   | 5.27 | % |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Allowance for Loan Losses                                                                 |   |   | (4,972,160 | ) |   |   |   |   |   |   |   |   |   |   | (4,079,414 | ) |   |   |   |   |   |   |   |   |
| Cash and Due From Bank                                                                    |   |   | 9,135,919 |   |   |   |   |   |   |   |   |   |   |   | 19,400,021 |   |   |   |   |   |   |   |   |   |
| Other Assets                                                                              |   |   | 29,175,788 |   |   |   |   |   |   |   |   |   |   |   | 20,705,358 |   |   |   |   |   |   |   |   |   |
| Total Assets                                                                              |   | $ | 662,798,700 |   |   |   |   |   |   |   |   |   |   | $ | 610,241,754 |   |   |   |   |   |   |   |   |   |
|  Interest-Bearing Liabilities:                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Money Market and NOW Accounts                                                             |   | $ | 117,938,902 |   |   | $ | 1,287,427 |   |   |   | 1.46 | % |   | $ | 101,004,129 |   |   | $ | 1,482,720 |   |   |   | 2.59 | % |
| Savings Accounts                                                                          |   |   | 177,675,049 |   |   |   | 1,501,080 |   |   |   | 1.13 | % |   |   | 138,934,533 |   |   |   | 2,104,568 |   |   |   | 2.03 | % |
| Certificates of Deposit                                                                   |   |   | 162,795,637 |   |   |   | 2,341,292 |   |   |   | 1.92 | % |   |   | 180,057,804 |   |   |   | 3,952,472 |   |   |   | 2.93 | % |
| Other Borrowed Funds                                                                      |   |   | 35,397,949 |   |   |   | 853,898 |   |   |   | 3.23 | % |   |   | 31,161,905 |   |   |   | 1,060,986 |   |   |   | 4.55 | % |
| Trust Preferred Securities                                                                |   |   | 18,557,000 |   |   |   | 801,255 |   |   |   | 5.77 | % |   |   | 18,557,000 |   |   |   | 803,455 |   |   |   | 5.71 | % |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total Interest-Bearing Liabilities                                                        |   |   | 512,364,537 |   |   |   | 6,784,952 |   |   |   | 1.77 | % |   |   | 469,715,371 |   |   |   | 9,404,201 |   |   |   | 2.68 | % |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Spread                                                                       |   |   |   |   |   |   |   |   |   |   | 2.85 | % |   |   |   |   |   |   |   |   |   |   | 2.59 | % |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Demand Deposits                                                                           |   |   | 84,035,263 |   |   |   |   |   |   |   |   |   |   |   | 77,988,666 |   |   |   |   |   |   |   |   |   |
| Other Liabilities                                                                         |   |   | 7,546,612 |   |   |   |   |   |   |   |   |   |   |   | 6,379,044 |   |   |   |   |   |   |   |   |   |
| Total Liabilities                                                                         |   |   | 603,946,412 |   |   |   |   |   |   |   |   |   |   |   | 554,083,081 |   |   |   |   |   |   |   |   |   |
| Shareholders’ Equity                                                                |   |   | 58,852,288 |   |   |   |   |   |   |   |   |   |   |   | 56,158,673 |   |   |   |   |   |   |   |   |   |
| Total Liabilities and Shareholders’       Equity |   | $ | 662,798,700 |   |   |   |   |   |   |   |   |   |   | $ | 610,241,754 |   |   |   |   |   |   |   |   |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Margin                                                                       |   |   |   |   |   | $ | 14,984,880 |   |   |   | 3.18 | % |   |   |   |   |   | $ | 13,247,905 |   |   |   | 3.08 | % |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

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| Non-interest Expenses                   |   | Nine months ended September 30, |       |
|-----------------------------------------|--------|---------------------------------|------------|
|                                    |   | 2010                            |       |   | 2009 |   |
| Salaries and employee benefits          |   | $                               | 7,326,361  |   |   | $ | 6,860,225 |   |
| Occupancy expenses                      |   |                            | 1,398,510  |   |   |   | 1,360,471 |   |
| Data processing services                |   |                            | 815,752    |   |   |   | 817,057 |   |
| Equipment expense                       |   |                            | 496,143    |   |   |   | 473,518 |   |
| Marketing                               |   |                            | 97,914     |   |   |   | 105,152 |   |
| Regulatory, professional and other fees |   |                            | 741,456    |   |   |   | 856,566 |   |
| Office expense                          |   |                            | 502,942    |   |   |   | 405,552 |   |
| FDIC insurance expense                  |   |                            | 589,285    |   |   |   | 987,169 |   |
| Directors’ fees                   |   |                            | 75,000     |   |   |   | 77,000 |   |
| Other real estate owned expenses        |   |                            | 102,516    |   |   |   | 102,427 |   |
| Other expenses                          |   |                            | 639,454    |   |   |   | 860,044 |   |
|                                    |   | $                               | 12,785,333 |   |   | $ | 12,905,181 |   |

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| Loan Portfolio Composition    |   | September 30, 2010 |        |   | December 31, 2009 |   |
|-------------------------------|--------|--------------------|-------------|--------|-------------------|--------|
| Component                     |   | Amount             |        |   | %of total         |   |   | Amount |   |   | %of total |   |
| Construction loans            |   | $                  | 70,322,715  |   |              |   | 16% |   |   | $ | 79,805,278 |   |   |   | 21% |   |
| Residential real estate loans |   |               | 10,483,163  |   |              |   | 2% |   |   |   | 10,253,895 |   |   |   | 3% |   |
| Commercial business           |   |               | 57,416,452  |   |              |   | 13% |   |   |   | 57,925,392 |   |   |   | 15% |   |
| Commercial real estate        |   |               | 94,373,908  |   |              |   | 21% |   |   |   | 96,306,097 |   |   |   | 25% |   |
| Mortgage warehouse lines      |   |               | 194,791,190 |   |              |   | 44% |   |   |   | 119,382,078 |   |   |   | 32% |   |
| Loans to individuals          |   |               | 13,970.887  |   |              |   | 3% |   |   |   | 15,554,027 |   |   |   | 4% |   |
| Deferred loan fees and costs  |   |               | 547,940     |   |              |   | 0% |   |   |   | 489,809 |   |   |   | 0% |   |
| All other loans               |   |               | 212,224     |   |              |   | 0% |   |   |   | 229,159 |   |   |   | 0% |   |
|                          |   | $                  | 442,118,479 |   |              |   | 100% |   |   | $ | 379,945,735 |   |   |   | 100% |   |

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|                                         |   |          |       |   |         |   |
|---------------------------------------------------|--------|---------------|------------|--------|--------------|--------|
| Non-Performing Assets and Loans                   |   | September 30, |       |   | December 31, |   |
|                                              |   | 2010          |       |   | 2009         |   |
| Non-Performing loans:                             |   |          |       |   |         |   |
| Loans 90 days or more past due and still accruing |   | $             | 3,969      |   |         | $      | 145,898 |   |
| Non-accrual loans                                 |   |          | 8,880,858  |   |         |   | 4,161,628 |   |
| Total non-performing loans                        |   |          | 8,884,827  |   |         |   | 4,307,526 |   |
| Other real estate owned                           |   |          | 1,730,331  |   |         |   | 1,362,621 |   |
| Total non-performing assets                       |   | $             | 10,615,158 |   |         | $      | 5,670,147 |   |
|                                              |   |          |       |   |         |   |   |   |
| Non-performing loans to total loans               |   |          | 2.01%      |   |         |   | 1.13% |   |
| Non-performing assets to total assets             |   |          | 1.53%      |   |         |   | 0.84% |   |

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|   | · | 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. |
|--------|--------|------------------------|

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| Allowance for Loan Losses                               |   | Nine Months EndedSept. 30, 2010 |        |   | Year EndedDecember 31,2009 |   |        | Nine Months EndedSept. 30, 2009 |   |
|---------------------------------------------------------|--------|---------------------------------|-------------|--------|----------------------------|--------|-------------|--------------------------------------|--------|
| Balance, beginning of period                            |   | $                               | 4,505,387   |   |                       | $      | 3,684,764   |                                 |   | $ | 3,684,764 |   |
| Provision charged to operating expenses                 |   |                            | 1,725,000   |   |                       |   | 2,553,000   |                                 |   |   | 1,293,000 |   |
|                                                    |   |                            |        |   |                       |   |        |                                 |   |   |   |   |
| Loans charged off:                                      |   |                            |        |   |                       |   |        |                                 |   |   |   |   |
| Construction loans                                      |   |                            | -           |   |                       |   | (1,226,754  | )                                    |   |   | (536,000 | ) |
| Residential real estate loans                           |   |                            | -           |   |                       |   | -           |                                 |   |   | - |   |
| Commercial and commercial real estate                   |   |                            | (497,259    | )      |                       |   | (511,791    | )                                    |   |   | (334,636 | ) |
| Loans to individuals                                    |   |                            | (18,671     | )      |                       |   | (1,973      | )                                    |   |   | (1,973 | ) |
| Lease financing                                         |   |                            | (792        | )      |                       |   | -           |                                 |   |   | - |   |
| All other loans                                         |   |                            | -           |   |                       |   | -           |                                 |   |   | - |   |
|                                                    |   |                            | (516,722    | )      |                       |   | (1,740,518  | )                                    |   |   | (872,609 | ) |
| Recoveries:                                             |   |                            |        |   |                       |   |        |                                 |   |   |   |   |
| Construction loans                                      |   |                            | -           |   |                       |   | -           |                                 |   |   | - |   |
| Residential real estate loans                           |   |                            | -           |   |                       |   | -           |                                 |   |   | - |   |
| Commercial and commercial real estate                   |   |                            | 12,467      |   |                       |   | 2,575       |                                 |   |   | 1,559 |   |
| Loans to individuals                                    |   |                            | -           |   |                       |   | 5,566       |                                 |   |   | 5,200 |   |
| Lease financing                                         |   |                            | -           |   |                       |   | -           |                                 |   |   | - |   |
| All other loans                                         |   |                            | -           |   |                       |   | -           |                                 |   |   | - |   |
|                                                    |   |                            | 12,467      |   |                       |   | 8,141       |                                 |   |   | 6,759 |   |
|                                                    |   |                            |        |   |                       |   |        |                                 |   |   |   |   |
| Net charge offs                                         |   |                            | (504,255    | )      |                       |   | (1,732,377  | )                                    |   |   | (865,850 | ) |
| Balance, end of period                                  |   | $                               | 5,726,132   |   |                       | $      | 4,505,387   |                                 |   | $ | 4,111,914 |   |
|                                                    |   |                            |        |   |                       |   |        |                                 |   |   |   |   |
| Loans:                                                  |   |                            |        |   |                       |   |        |                                 |   |   |   |   |
| At period end                                           |   | $                               | 442,118,479 |   |                       | $      | 379,945,735 |                                 |   | $ | 375,723,296 |   |
| Average during the period                               |   |                            | 376,195,664 |   |                       |   | 384,314,052 |                                 |   |   | 389,937,715 |   |
| Net annualized charge offs to average loans outstanding |   |                            | (0.18%      | )      |                       |   | (0.45%      | )                                    |   |   | (0.30% | ) |
| Allowance for loan losses to:                           |   |                            |        |   |                       |   |        |                                 |   |   |   |   |
| Total loans at period end                               |   |                            | 1.30%       |   |                       |   | 1.19%       |                                 |   |   | 1.09% |   |
| Non-performing loans                                    |   |                            | 64.45%      |   |                       |   | 104.59%     |                                 |   |   | 81.90% |   |
|                                                    |   |                            |        |   |                       |   |        |                                 |   |   |   |   |

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|                                         |   | September 30, 2010 |        |   | December 31, 2009 |   |
|----------------------------------------------|--------|--------------------|-------------|--------|-------------------|--------|
| Demand                                       |   |               |        |   |              |   |
|     Non-interest bearing |   | $                  | 91,605,239  |   |              | $      | 82,473,328 |   |
|     Interest bearing     |   |               | 114,214,170 |   |              |   | 125,529,223 |   |
| Savings                                      |   |               | 171,415,821 |   |              |   | 193,369,640 |   |
| Time                                         |   |               | 160,617,999 |   |              |   | 170,783,163 |   |
|                                         |   | $                  | 537,853,229 |   |              | $      | 572,155,354 |   |
|                                         |   |               |        |   |              |   |   |   |

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|                                   |   | Actual |       |   | For CapitalAdequacy Purposes |   |   | To Be Well Capitalized Under Prompt Corrective Action Provision |   |
|----------------------------------------|--------|--------|------------|--------|------------------------------|--------|--------|-----------------------------------------------------------------|--------|
|                                   |   | Amount |       |   | Ratio                        |   |   | Amount                                                          |   |   | Ratio |   |   | Amount |   |   | Ratio |   |
| As of September 30, 2010               |   |   |       |   |                         |   |   |                                                            |   |   |   |   |   |   |   |   |   |   |
| Company                                |   |   |       |   |                         |   |   |                                                            |   |   |   |   |   |   |   |   |   |   |
| Total Capital to Risk Weighted Assets  |   | $      | 83,712,516 |   |                         |   | 15.92% |                                                            |   | $ | 42,057,404 |   |   | >8% |   |   |   | N/A |   |   | N/A |   |
| Tier 1 Capital to Risk Weighted Assets |   |   | 77,986,384 |   |                         |   | 14.83% |                                                            |   |   | 21,028,702 |   |   | >4% |   |   |   | N/A |   |   | N/A |   |
| Tier 1 Capital to Average Assets       |   |   | 77,986,384 |   |                         |   | 11.40% |                                                            |   |   | 27,359,792 |   |   | >4% |   |   |   | N/A |   |   | N/A |   |
| Bank                                   |   |   |       |   |                         |   |   |                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total Capital to Risk Weighted Assets  |   | $      | 81,159,290 |   |                         |   | 15.46% |                                                            |   | $ | 41,989,200 |   |   | >8% |   |   | $ | 52,486,500 |   |   | >10% |   |
| Tier 1 Capital to Risk Weighted Assets |   |   | 75,433,158 |   |                         |   | 14.37% |                                                            |   |   | 20,994,600 |   |   | >4% |   |   |   | 31,491,900 |   |   | >6% |   |
| Tier 1 Capital to Average Assets       |   |   | 75,433,158 |   |                         |   | 11.10% |                                                            |   |   | 27,185,406 |   |   | >4% |   |   |   | 33,981,758 |   |   | >5% |   |
|   As of December 31, 2009    |   |   |       |   |                         |   |   |                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Company                                |   |   |       |   |                         |   |   |                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total Capital to Risk Weighted Assets  |   | $      | 79,091,277 |   |                         |   | 17.23% |                                                            |   | $ | 36,713,599 |   |   | >8% |   |   |   | N/A |   |   | N/A |   |
| Tier 1 Capital to Risk Weighted Assets |   |   | 74,585,890 |   |                         |   | 16.25% |                                                            |   |   | 18,356,800 |   |   | >4% |   |   |   | N/A |   |   | N/A |   |
| Tier 1 Capital to Average Assets       |   |   | 74,585,890 |   |                         |   | 10.99% |                                                            |   |   | 27,143,523 |   |   | >4% |   |   |   | N/A |   |   | N/A |   |
| Bank                                   |   |   |       |   |                         |   |   |                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total Capital to Risk Weighted Assets  |   | $      | 77,370,821 |   |                         |   | 16.90% |                                                            |   | $ | 36,633,760 |   |   | >8% |   |   | $ | 45,792,200 |   |   | >10% |   |
| Tier 1 Capital to Risk Weighted Assets |   |   | 72,865,434 |   |                         |   | 15.91% |                                                            |   |   | 18,316,040 |   |   | >4% |   |   |   | 27,475,320 |   |   | >6% |   |
| Tier 1 Capital to Average Assets       |   |   | 72,865,434 |   |                         |   | 10.78% |                                                            |   |   | 27,043,305 |   |   | >4% |   |   |   | 33,804,131 |   |   | >5% |   |
|                                   |   |   |       |   |                         |   |   |                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

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Item 3.     Quantitative and Qualitative Disclosures About Market Risk.

Item 4.     Controls and Procedures.

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

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|      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, 2010                         | July 31, 2010      |                                          |   | -      |                                            |   |   | -                                                                                     |   |   |                                                                         | -      |   |   |   | 163,233 |   |
| August 1, 2010                       | August 31, 2010    |                                          |   | -      |                                            |   |   | -                                                                                     |   |   |                                                                         | -      |   |   |   | 163,233 |   |
| September 1, 2010                    | September 30, 2010 |                                          |   | -      |                                            |   |   | -                                                                                     |   |   |                                                                         | -      |   |   |   | 163,233 |   |
|  Total                          |               |                                          | -      |   |                                            |   | -      |                                                                                  |   |   | -                                                                            |   |   |   | 163,233 |   |

| (1) | The Company’s common stock repurchase program covers a maximum of 195,076 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 subsequent stock dividends. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Item 6.     Exhibits.

|   | 10                                                                                                      |   | Amended and Restated Employment Agreement between the Company and Robert F. Mangano, entered into on July 12, 2010, dated as of July 1, 2010 (incorporated by reference to Exhibit No. 10 to the Company’s Form 8-K filed with the SEC on July 14, 2010)      |
|--------|---------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                    |   |                                                                                                                                                                                                                                                                |
|   | 31.1                                                                                                    | *      | Certification of Robert F. Mangano, principal executive officer of the Company, pursuant to Securities Exchange Act Rule 13a-14(a)                                                                                                                                  |
|   |                                                                                                    |   |                                                                                                                                                                                                                                                                |
|   | 31.2                                                                                                    | *      | Certification of Joseph M. Reardon, principal 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, principal executive officer of the Company, and Joseph M. Reardon, principal financial officer of the Company |
|   | _____________________*           Filed herewith. |

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SIGNATURES

|                                                              | 1ST CONSTITUTION BANCORP |                                         |
|-------------------------------------------------------------------|--------------------------|----------------------------------------------|
|                                                              |                     |                                         |   |
|                                                              |                     |                                         |   |
| Date: November 15, 2010                  | By:                      | /s/ ROBERT F. MANGANO              |   |
|                                                              |                     | Robert F. Mangano                            |   |
|                                                              |                     | President and Chief Executive Officer        |   |
|                                                              |                     | (Principal Executive Officer)                |   |
|                                                              |                     |                                         |   |
|                                                              |                     |                                         |   |
| Date: November 15, 2010        | By:                      | /s/ JOSEPH M. REARDON                   |   |
|                                                              |                     | Joseph M. Reardon                            |   |
|                                                              |                     | Senior Vice President and Treasurer          |   |
|                                                              |                     | (Principal Financial and Accounting Officer) |   |

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