HAMILTON, N.J., May 18, 2018 (GLOBE NEWSWIRE) -- First Bank (NASDAQ:FRBA) announced today that it has entered into an equity distribution agreement with Sandler O’Neill + Partners, L.P. for the offer and sale from time to time of up to 2,000,000 shares of its common stock in an at-the-market offering. All of the shares to be sold in the offering will be offered by First Bank.

First Bank intends to use the net proceeds from the offering for general corporate purposes, including the support of additional growth.

About First Bank

First Bank is a New Jersey state-chartered bank with 17 full-service branches in Cinnaminson, Cranbury, Denville, Delanco, Ewing, Flemington, Hamilton, Lawrence, Pennington, Randolph, Somerset and Williamstown, New Jersey, and Trevose, Doylestown, Warminster, Bensalem and Levittown, Pennsylvania. With $1.5 billion in assets as of March 31, 2018, 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”.