Peer Analysis

Performance Ratios (%) FRBK Peer Median Peer Average
ROAA ($0.04) $0.76 $0.85
ROAE ($0.60) $6.99 $8.40
Net Interest Margin $2.57 $3.25 $3.17
Efficiency Ratio $95.65 $60.81 $61.04
Loans / Deposits $67.32 $93.07 $92.29
Asset Quality Ratios (%)
NPAs / Assets NA 0.76 0.68
NCOs / Avg Loans 0.03 0.07 0.10
Reserves / Loans 0.44 1.07 1.13
Reserves / NPAs NA 181.13 211.64
Capital Ratios (%)
Tier 1 Capital 13.46 12.76 14.34
Tangible Equity / Tangible Assets NA 9.24 9.41
Total Equity / Total Assets 6.11 10.48 10.71
Market Ratios
Price / Earnings (x) NA 11.50 11.35
Price / Book (%) 51.50 74.57 78.09
Dividend Yield (%) 0.00 4.67 3.98
Data for trailing four quarters

Republic First Bancorp, Inc.'s peer group consists of the following: Bryn Mawr Bank Corporation (BMTC), Citizens & Northern Corporation (CZNC), DNB Financial Corporation, ESSA Bancorp, Inc. (ESSA), Harleysville Financial Corporation (HARL), Ocean Shore Holding Co., OceanFirst Financial Corp. (OCFC), Parke Bancorp, Inc. (PKBK), Peapack-Gladstone Financial Corporation (PGC), QNB Corp. (QNBC), Royal Bancshares of Pennsylvania, Inc., Sun Bancorp, Inc., Univest Financial Corporation (UVSP)

Republic First Bancorp, Inc.'s financial data is as of 9/30/2020.

Peer financial data is as of 9/30/2020 except for these companies:

Royal Bancshares of Pennsylvania, Inc.'s financial data is as of 9/30/2017.
DNB Financial Corporation's financial data is as of 9/30/2019.
Sun Bancorp, Inc.'s financial data is as of 12/31/2017.
Ocean Shore Holding Co.'s financial data is as of 9/30/2016.