First Bank CEO named to ‘40 under 40’ list

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NJBIZ Magazine selected First Bank of Hamilton president and CEO, Patrick L. Ryan, as one of its 2014 “40 Under 40” top business people in the state.

40 Under 40 celebrates forty of New Jersey’s most accomplished business men and women under age 40 who have been making news in their fields and who share a commitment to business growth, professional excellence and the community, according to NJBIZ.

An independent panel of judges scored each nominee on four criteria: professional accomplishments, leadership, vision and community service.

As part of the investment group that founded the bank through a $20 million recapitalization in November 2008, Ryan has guided First Bank through significant growth, while fostering its hometown bank feel and embracing its local communities. There are currently eight branches in New Jersey with a ninth in Cranbury to open later this year. First Bank completed a $23 million public offering in November 2013 and trades on the NASDAQ Global market under the ticker symbol “FRBA.”

Ryan is involved with several non-profit organizations including the Hamilton Partnership, the Mercer County 200 Club, the Robert Wood Johnson Hamilton Hospital Young Professionals Group, the Friendly Sons and Daughters of St. Patrick, the Community Bankers Association, the NJ Bankers Association, and the Ancient Order of Hibernians. He previously served on the Board of Trustees for the State Theatre in New Brunswick, on the Board of Directors at the Middlesex County Chamber of Commerce and as a board member for the Middlesex County Workforce Investment Board.

A Summa Cum Laude graduate of Hamilton College in Clinton, N.Y., Ryan earned his MBA from Dartmouth University’s Tuck School of Business. He lives in Pennington with his wife Ashley and their three children, Liam, Lily and Quinn.

The 39-year-old Mercer County resident and his co-honorees will be recognized at an awards banquet Sept. 29 at The Palace at Somerset Park.

More information is online at njbiz.com.

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