Peer Analysis

Performance Ratios (%) FRBK Peer Median Peer Average
ROAA $0.28 $1.07 $1.10
ROAE $3.05 $9.85 $10.29
Net Interest Margin $3.10 $3.43 $3.40
Efficiency Ratio $87.04 $60.85 $61.26
Loans / Deposits $59.59 $95.45 $95.96
Asset Quality Ratios (%)
NPAs / Assets 0.76 0.72 0.77
NCOs / Avg Loans 0.07 0.05 0.08
Reserves / Loans 0.53 0.78 0.88
Reserves / NPAs 37.09 105.26 101.51
Capital Ratios (%)
Tier 1 Capital 13.97 12.51 14.25
Tangible Equity / Tangible Assets 8.54 9.47 9.95
Total Equity / Total Assets 8.85 10.34 11.31
Market Ratios
Price / Earnings (x) 35.46 13.08 13.20
Price / Book (%) 109.20 117.37 126.81
Dividend Yield (%) 0.00 2.69 2.50
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 (DNBF), 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. (RBPA.A), Sun Bancorp, Inc. (SNBC), Univest Financial Corporation (UVSP)

Republic First Bancorp, Inc.'s financial data is as of 3/31/2019.

Peer financial data is as of 3/31/2019 except for these companies:

Bryn Mawr Bank Corporation's financial data is as of 6/30/2019.
Royal Bancshares of Pennsylvania, Inc.'s financial data is as of 9/30/2017.
Citizens & Northern Corporation's financial data is as of 6/30/2019.
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.
Harleysville Financial Corporation's financial data is as of 6/30/2019.