North Jersey Community Bank Announces Financial Results for First Quarter 2009: Continues...

North Jersey Community Bank Announces Financial Results for First Quarter
2009: Continues to Post Strong, Stable and Smart Growth Amid Tough Banking
Environment

Company Grows Balance Sheet Without Use of TARP Funds; Reports Asset Growth of
$45 Million, Bringing Total to $421 Million

ENGLEWOOD CLIFFS, N.J., April 29 /PRNewswire/ -- North Jersey Community Bank
(NJCB), the fastest growing bank in New Jersey, today announced its results
for the quarter ended March 31, 2009.

Highlights Include:
-- Total Assets grew nearly 12 percent to $421 million
-- Total Deposits grew to more than $342 million
-- Experienced most profitable quarter since NJCB's inception

-- Produced incredibly strong asset quality

"Despite a tumultuous banking environment, NJCB continued its successful 2008
through the first quarter of 2009. By focusing on our simple plan of taking
in deposits and making loans to qualified customers in our community, coupled
with our ideals of providing exceptional customer service and industry leading
products, we have achieved sound growth for the seventeenth consecutive
quarter," said Frank Sorrentino III, chairman and CEO of North Jersey
Community Bank. "Despite being approved for TARP funds, we did not accept,
and we continued to grow our balance sheet and remain well capitalized. We
are also one of only a handful of community banks chartered in New Jersey in
the last 10 years that is profitable."

As a result of its overwhelming success, NJCB recently expanded into Hudson
County when it opened its sixth branch in West New York, located at 5914 Park
Avenue, at the corner of 60th Street.

"Our traditional business model has contributed greatly to our solid growth in
assets, deposits and loans during the first quarter. However, it's our
outstanding team of employees and dedicated customers that remain the backbone
of our success," continued Sorrentino III. "In four years, NJCB has grown to
be the leading community bank in New Jersey and I am proud of the recent
interest we have received from the national media, who have highlighted us as
a community banking model and a success story on how to run a bank when
consumers have lost faith in the industry."

NJCB offers a complete range of financial services for both personal and
business customers, backed by advanced technology. The bank provides a full
line of banking products and services, including mortgages, home equity loans
and lines of credit, as well as a wide selection of commercial services. Its
Simply Better Money Market Account, with one of the highest rates in the area,
is available for both business and personal accounts and includes free
checking and free online bill pay. The bank features signature amenities
including a free coffee bar, customer lounge and business center complete with
plasma screen TVs and internet connections. Each of the six branches also
feature NJCB's exclusive "Coin Toss" free coin counting machine as well as
extended lobby hours from 7:00 a.m. to 7:00 p.m., Monday through Friday and
9:00 a.m. to 1:00 p.m. Saturday. In addition, the Cresskill, Cliffside/Fort
Lee, Hackensack and West New York locations offer a drive-thru window with
extended hours from 7:00 a.m. to 7:00 p.m. NJCB also provides 24-hour ATM
service and free online banking at www.njcb.com.

About North Jersey Community Bank (NJCB):

North Jersey Community Bank was founded by local community and business
leaders to provide the highest level of personalized community banking
services to Northern New Jersey. With a strong commitment to the communities
it serves, the bank offers a variety of innovative deposit and loan products.

North Jersey Community Bank was recently named number 18 on NJBIZ's 50 Fastest
Growing Companies list and was a finalist for the publication's Emerging
Business of the Year award.

In addition, NJCB was also a recipient of the Forbes(R) Enterprise Awards--the
most esteemed and sought after small-business awards in the United States. The
Forbes(R) Enterprise Awards honor the visionary practices and exemplary
achievements of a select few small businesses.

NJCB is an Equal Housing and Equal Opportunity Lender, and a member of the
Federal Deposit Insurance Corporation. For more information, call
201-816-8900, or visit the bank's web site at www.njcb.com.

SOURCE North Jersey Community Bank

Joseph Ferrary, MWW Group - Public Relations, +1-201-964-2389,
jferrary@mww.com