1st Constitution Bancorp announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company announced interest income of $8,409,000 compared to $8,363,000 for the same period a year ago. Net interest income was $7,183,000 compared to $6,846,000 for the same period a year ago. Income before income taxes was $1,680,000 compared to $1,463,000 for the same period a year ago. Net income was $1,241,000 or $0.20 per diluted share compared to $1,099,000 or $0.21 per basic and diluted share for the same period a year ago. Tangible book value per common share was $10.02 compared to $9.73 for the same period a year ago. Return on average assets was 0.61% compared to 0.57% for the same period a year ago. Return on average equity was 7.70% compared to 8.04% for the same period a year ago.

For the year, the company announced interest income of $32,837,000 compared to $29,857,000 for the same period a year ago. Net interest income was $27,686,000 compared to $23,070,000 for the same period a year ago. Income before income taxes was $7,032,000 compared to $5,222,000 for the same period a year ago. Net income was $5,060,000 or $0.90 per diluted share compared to $3,931,000 or $0.74 per basic and diluted share for the same period a year ago. Return on average assets was 0.65% compared to 0.54% for the same period a year ago. Return on average equity was 8.63% compared to 7.60% for the same period a year ago. The increase in net income was principally the result of an increase in net interest income and non-interest income, partially offset by increased non-interest expense on a comparative basis commensurate with the growth of the company.