First Bank Prices Initial Public Offering

Marketwired

HAMILTON, NJ--(Marketwired - November 15, 2013) - First Bank (the "Bank") announced today that it priced its initial public offering of 3,333,334 million shares of common stock at $6.00 per share for an aggregate offering of approximately $20.0 million, before underwriting discounts, commissions and expenses. In addition, First Bank granted the underwriters a 30-day option to purchase up to an additional 500,000 shares of common stock at the initial public offering price to cover over-allotments, if any. The offering is expected to close on November 20, 2013, subject to customary closing conditions.

Robert W. Baird & Co. Incorporated is serving as sole book-running manager and CV Brokerage, Inc. is serving as co-manager for the offering.

First Bank's common stock will commence trading today, November 15, 2013, on the NASDAQ Global Market under the symbol "FRBA."

A registration statement relating to these securities has been filed with and declared effective by the Federal Deposit Insurance Corporation. The initial public offering is being made only by means of a final offering circular. Copies of the final offering circular covering these securities, when available, may be obtained by contacting Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 E. Wisconsin Avenue, Milwaukee, WI 53202, E-mail: syndicate@rwbaird.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

Contact:
CONTACT: 
Patrick L. Ryan
President and CEO
609 643 0168
patrick.ryan@firstbanknj.com

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