1st Constitution Bancorp (FCCY) in Cranbury, N.J., has raised roughly $5 million through a rights offering.

The offering was fully subscribed and demand for shares exceeded the amount being offered by roughly 200,000, the $777 million-asset company said Wednesday. The company will distribute more than 500,000 shares of common stock.

The company previously said that it would use the funds for general corporate purposes.

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