1st Colonial Bancorp Inc.'s board on Jan. 25 declared a 5% stock dividend, which will be distributed April 17 to shareholders of record as of April 3.

In a news release, the company also said that its net income for the three months ended Dec. 31, 2016, was $881,000 or 22 cents per share, compared to the year-ago period's $865,000 or 22 cents per share.

Full-year 2016 net income was $3.7 million or 94 cents per share, compared to $3.0 million or 78 cents per share for 2015.