October 1, 2019 Share

First Bank Announces New Branches in ‘Heart’ of Mercer County

HAMILTON, N.J. —Oct. 1, 2019—First Bank (NASDAQ: FRBA) announced today that the community bank’s footprint has expanded in the “heart” of Mercer County with the acquisition of Grand Bank, N.A. First Bank now has a total of six branches in Mercer County.

“Although recent expansion has occurred out of state, we have never taken our focus away from our own backyard,” said First Bank President and CEO Patrick L. Ryan. “There’s a reason community banks are referred to as the ‘heart’ of the community. Our mission is to serve our customers and employees well, build relationships and give back to our neighbors.”

First Bank’s two new branches are located at One Edinburg Road in Mercerville and 2265 Route 33 in Hamilton Square. The community bank now has more than $2 billion in assets with 18 branches located in seven New Jersey counties and two eastern Pennsylvania counties.

First Bank was recently ranked among the Philadelphia Business Journal’s Soaring 76 and as one of S&P Global Market Intelligence’s Best Performing Community Banks in the United States for record growth and profitability. It also has been recognized by NJBIZ as part of its “Fast 50” each of the past three years.

What First Bank Brings to More Mercer County Residents
There are several reasons why First Bank is one of the fastest growing community banks in the nation.

For example, the bank believes in local decision-making. In other words, clients actually have access to First Bank’s decision-makers. The bank’s market executives have lending authority—and use it. For larger clients, customers can expect to talk to the bank’s CEO, who plays a pivotal role in helping to foster lasting business relationships.

Most importantly, the community bank views itself as a solution-provider, where everything begins with a conversation. First Bank’s employees listen intently and ask smart questions, so they can provide the best answer.

In addition, First Bank operates with a long-term mindset. It recognizes that its reputation is its most valuable asset. To preserve its good name, First Bank keenly focuses on delivering the best long-term results. By providing great recommendations and following through on its promises, the community bank continues to build its reputation and base of happy customers.

The community bank’s branches offer the bank’s full range of financial solutions for families and businesses, including:
• Personal deposit accounts
• Business deposit accounts
• Certificates of deposits
• Retirement accounts
• Cash management services
• Commercial lending
• Lines of credit
• Term loans
• Real estate loans

The bank offers traditional deposit and loan banking services for individuals, families and commercial clients. The bank has approximately 210 employees working throughout New Jersey in Burlington, Gloucester, Hunterdon, Mercer, Middlesex, Somerset and Morris counties, as well as in Bucks and Chester counties, Pennsylvania.

To learn more about First Bank, visit firstbanknj.com or firstbankpa.com.

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About First Bank

First Bank (firstbanknj.com) is a New Jersey state-chartered bank with 18 full-service branches
throughout New Jersey in Burlington, Gloucester, Hunterdon, Mercer, Middlesex, Somerset and Morris counties, as well as in Bucks and Chester counties, Pennsylvania. With $1.8 billion in assets as of June 30, 2019, First Bank offers a traditional range of deposit and loan products to individuals and businesses throughout the New York City to Philadelphia corridor. First Bank’s common stock is listed on the Nasdaq Global Market exchange under the symbol “FRBA.”