Peer Analysis

Performance Ratios (%) FRBK Peer Median Peer Average
ROAA 0.28 1.08 1.13
ROAE 3.05 9.92 10.47
Net Interest Margin 3.10 3.43 3.41
Efficiency Ratio 87.04 60.85 61.16
Loans / Deposits 59.59 95.45 95.34
Asset Quality Ratios (%)
NPAs / Assets 0.76 0.81 0.82
NCOs / Avg Loans 0.07 0.05 0.09
Reserves / Loans 0.53 0.89 0.89
Reserves / NPAs 37.09 84.09 95.06
Capital Ratios (%)
Tier 1 Capital 13.97 12.64 14.49
Tangible Equity / Tangible Assets 8.54 9.47 10.05
Total Equity / Total Assets 8.85 10.34 11.36
Market Ratios
Price / Earnings (x) 39.23 13.23 12.99
Price / Book (%) 120.81 120.48 128.13
Dividend Yield (%) 0.00 2.67 2.43
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:

Royal Bancshares of Pennsylvania, Inc.'s financial data is as of 9/30/2017.
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.