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Bancorp of New Jersey, Inc. Declares Quarterly Cash Dividend



Bancorp of New Jersey, Inc. Declares Quarterly Cash Dividend

FORT LEE, N.J., Nov. 22, 2013 (GLOBE NEWSWIRE) -- Bancorp of New Jersey, Inc.
(NYSE-MKT:BKJ), the holding company of Bank of New Jersey, announced that its
board of directors, effective November 22, 2013, declared a fourth quarter
cash dividend of $0.06 per share of its common stock. The dividend will be
paid on December 31, 2013 to shareholders of record as of the close of
business on December 3, 2013.

Bank of New Jersey, headquartered at 1365 Palisade Avenue, Fort Lee, New
Jersey, offers convenient hours and a high level of service for traditional
consumer and commercial products and services. The Bank, currently, has 9
branch offices located in Fort Lee (3 locations), Hackensack, Haworth,
Harrington Park, Englewood, Cliffside Park and Woodcliff Lake, all in Bergen
County, NJ. 

For more information about Bank of New Jersey and its products and services,
please visit http://www.bonj.net or call 201-944-8600.

If you would like to receive future Bancorp of New Jersey announcements
electronically, please email us at shareholder@bonj.net.

Forward-Looking Statements

This press release and other statements made from time to time by Bancorp of
New Jersey's management contain express and implied statements relating to our
future financial condition, results of operations, credit quality, corporate
objectives, and other financial and business matters, which are considered
forward-looking statements. These forward-looking statements are necessarily
speculative and speak only as of the date made, and are subject to numerous
assumptions, risks and uncertainties, all of which may change over
time. Actual results could differ materially from those expected or implied by
such forward-looking statements. Risks and uncertainties which could cause our
actual results to differ materially and adversely from such forward-looking
statements include economic conditions affecting the financial industry;
volatility in interest rates and the shape of the yield curve; increased
credit risks and risks associated with the real estate market; which serves as
collateral for a significant portion of our loans; operating, legal, and
regulatory risk, including compliance with new laws and regulations; economic,
political, and competitive forces affecting the company's lines of business;
the extent and timing of actions of the Federal Reserve System; customer
acceptance of our products and services; and other risks and uncertainties
detailed from time to time in our filings with the Securities and Exchange
Commission or in other generally disseminated documents. Any statements made
that are not historical facts should be considered to be forward-looking
statements. You should not place undue reliance on any forward-looking
statements. We undertake no obligation to update forward-looking statements or
to make any public announcement when we consider forward-looking statements to
no longer be accurate, whether as a result of new information of future
events, except as may be required by applicable law or regulation.

CONTACT: Bank of New Jersey
         201-944-8600
         http://www.bonj.net
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