PRESS RELEASE – FOR IMMEDIATE RELEASE……

1^ST CONSTITUTION BANCORP REPORTS RECORD NET INCOME, UP 12.0%
FOR THE FIRST QUARTER ENDED MARCH 31, 2007

CRANBURY NJ – APRIL 24, 2007……1^ST Constitution Bancorp (NASDAQ; FCCY), the parent company of 1^ST Constitution Bank, announced today record net income for the quarter ended March 31, 2007. For the quarter ended March 31, 2007, net income increased by 12.0 percent to $1,405,500, or $0.37 per diluted share, up from $1,254,758, or $0.33 per diluted share, achieved during the first quarter of 2006. All per share amounts have been restated to give effect to a 6 percent stock dividend paid January 31, 2007.

For the quarter ended March 31, 2007, net interest income was $4,457,673, which represents an increase of $223,547, or 5.28 percent, over net interest income of $4,234,126 reported for the first quarter of 2006. Return on average assets stood at 1.40 percent for the period, while return on average equity reached 15.81 percent. These results compare to a return on average assets of 1.38 percent and the return on average equity of 16.91 percent achieved for the first quarter of 2006. The Company’s net interest margin reached 4.81 percent for the first quarter of 2007, which represents a slight decrease from the 5.03 percent achieved for the corresponding prior year period.

Robert F. Mangano, president and chief executive officer of 1^ST Constitution Bancorp, attributed earnings results for the quarter ended March 31, 2007 to the Bank’s lending and deposit gathering activities, and the continued generation of non-interest income. At March 31, 2007, deposits expanded by $56 million, or 19.8 percent, and loans grew by $16.9 million, up 6.40 percent compared to March 31, 2006. Deposit growth was in part due to the acquisition of the Hightstown, New Jersey branch of another financial institution in the first quarter of 2007. In addition, non-interest income contributed $643,741 to the first quarter results. Non-interest expense was well controlled during the period, which also contributed to the positive results achieved for the quarter ended March 31, 2007.

On February 23, 2007, 1^ST Constitution Bancorp, through its primary subsidiary, 1^ST Constitution Bank, closed on a transaction to acquire all of the deposit liabilities and related assets of the Hightstown, New Jersey branch banking office of a competing commercial banking institution. The acquisition added approximately $19 million in new deposits and provided 1^ST Constitution with a full service facility to serve its customer base in Hightstown, New Jersey, as well as the surrounding Mercer County areas.

At March 31, 2007, 1^ST Constitution Bancorp had total assets of $421.5 million, an increase of $52.2 million, or 14.1 percent from total assets at March 31, 2006. 1^ST Constitution Bancorp, through its primary subsidiary, 1^ST Constitution Bank, operates eleven branch banking offices in Cranbury (2), Fort Lee, Hamilton, Hightstown, Jamesburg, Montgomery, Perth Amboy, Plainsboro, West Windsor and Princeton, New Jersey.