Peer Analysis

Performance Ratios (%) FRBK Peer Median Peer Average
ROAA ($0.07) $0.80 $0.92
ROAE ($0.95) $7.41 $8.81
Net Interest Margin $2.69 $3.38 $3.24
Efficiency Ratio $100.81 $61.22 $61.28
Loans / Deposits $69.77 $94.99 $93.63
Asset Quality Ratios (%)
NPAs / Assets NA 0.74 0.73
NCOs / Avg Loans 0.03 0.05 0.07
Reserves / Loans 0.43 1.00 1.10
Reserves / NPAs NA 174.75 162.55
Capital Ratios (%)
Tier 1 Capital 11.51 12.76 14.85
Tangible Equity / Tangible Assets NA 9.13 9.55
Total Equity / Total Assets 5.75 10.69 10.81
Market Ratios
Price / Earnings (x) NA 10.75 10.88
Price / Book (%) 54.95 75.43 82.37
Dividend Yield (%) 0.00 4.43 3.81
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. (OSHC), 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 6/30/2020.

Peer financial data is as of 6/30/2020 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.