Investor Relations

Corporate Profile

Colonial Bankshares, Inc. (the "Company") was organized in January 2003 to serve as the mid-tier stock holding company of Colonial Bank, FSB (the "Bank"). In a public offering, that was completed June 30, 2005, the Company sold 2,079,980 shares of its common stock at a price of $10.00 per share, and issued an additional 2,441,716 shares of its common stock to Colonial Bankshares, MHC, the Company's federally chartered mutual holding company. The Company's common stock trades in the NASDAQ Global market under the symbol "COBK."

Founded in 1913, Colonial Bank, FSB operates as a community savings bank and its corporate philosophy has been traditionally focused on providing a competitive array of financial products and services to consumers and businesses within its market area. The Bank's business primarily consists of accepting deposits from customers and investing those funds primarily in mortgages on residential and commercial real estate, consumer loans and investment securities.

The Bank operates through its branch network located in Cumberland and Gloucester counties in New Jersey and its Delaware operating subsidiary, CB Delaware Investments, Inc.

For additional information about Colonial Bankshares, Inc., please contact:
Edward J. Geletka
President and CEO
856-205-0058 Ext. 5008

Corporate Headquarters:
Colonial Bankshares, Inc.
2745 S. Delsea Drive
Vineland, NJ 08360

Stock Exchange NASDAQ
Trading Symbol COBK

Transfer Agent:
Registrar and Transfer Company
10 Commerce Drive
Cranford, NJ 07016-3572
Phone: 1-800-368-5948