1ST CONSTITUTION BANCORP (NASDAQ:FCCY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On February 16, 2017, the Board of Directors (the “Board”) of 1st Constitution Bancorp (the “Company”) increased the size of the Board from nine to ten members, effective March 1, 2017 (the “Effective Date”), and elected William J. Barrett as a director of the Company, effective as of the Effective Date, to fill the vacancy on the Board resulting from such increase. Mr. Barrett will serve as a Class I director.

Mr. Barrett was also elected to serve as a director of 1st Constitution Bank, a wholly-owned subsidiary of the Company (the “Bank”), effective as of the Effective Date. Mr. Barrett will serve as a director of the Company until the Company’s next annual meeting of shareholders and until his successor is duly elected and qualified and as a director of the Bank until the Bank’s next annual meeting of shareholders and until his successor is duly elected and qualified.

There is no arrangement or understanding between Mr. Barrett and any other persons to which Mr. Barrett was selected as a director. There are no transactions involving Mr. Barrett requiring disclosure under Item 404(a) of Regulation S-K.

The Bank may make loans available to the newly elected director and his affiliates, assuming such loans will be in compliance with generally applicable credit standards at the time the loans are made. All of these loans (i) would be made in the ordinary course of business, (ii) would be made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons, and (iii) would not involve more than the normal risk of collectability or present other unfavorable features. The Bank also may establish deposit relationships and engage in other routine banking relationships with the newly elected director and his affiliates, all of which would be on the same terms as those prevailing at the time for comparable transactions with other persons.

Mr. Barrett will be compensated for his service on the Board in the same manner as the other non-employee directors, as discussed in the Company’s proxy statement for its 2016 annual meeting of shareholders, which was filed with the U.S. Securities and Exchange Commission on April 22, 2016.

A copy of the press release announcing the election of Mr. Barrett as a director of the Company is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release of 1st Constitution Bancorp, dated February 21, 2017

About 1ST CONSTITUTION BANCORP (NASDAQ:FCCY)
1st Constitution Bancorp is the bank holding company for 1st Constitution Bank (the Bank). The Bank is a commercial bank, which is engaged in the business of commercial and retail banking. The Company operates through the Community Banking segment. The Community Banking segment consists of construction, commercial, retail and mortgage banking operations. As a community bank, the Bank offers a range of services (including demand, savings and time deposits and commercial and consumer/installment loans) to individuals, small businesses and not-for-profit organizations principally in the Fort Lee area of Bergen County and in Middlesex, Mercer, Somerset and Monmouth Counties of New Jersey. The Bank’s Mortgage Warehouse Funding Group offers revolving lines of credit that are available to licensed mortgage banking companies (the Warehouse Line of Credit). The Bank’s investment activities are classified as available for sale and held to maturity securities. 1ST CONSTITUTION BANCORP (NASDAQ:FCCY) Recent Trading Information
1ST CONSTITUTION BANCORP (NASDAQ:FCCY) closed its last trading session 00.00 at 19.10 with 23,123 shares trading hands.