Peer Analysis

Performance Ratios (%) FRBK Peer Median Peer Average
ROAA ($0.15) $0.95 $0.96
ROAE ($1.81) $7.62 $9.09
Net Interest Margin $2.80 $3.41 $3.31
Efficiency Ratio $102.66 $61.37 $61.41
Loans / Deposits $63.92 $99.25 $96.76
Asset Quality Ratios (%)
NPAs / Assets 0.65 0.78 0.77
NCOs / Avg Loans 0.01 0.04 0.05
Reserves / Loans 0.54 0.97 1.09
Reserves / NPAs 47.60 103.47 142.82
Capital Ratios (%)
Tier 1 Capital 11.30 12.82 14.09
Tangible Equity / Tangible Assets 7.37 9.59 9.90
Total Equity / Total Assets 7.64 10.78 11.24
Market Ratios
Price / Earnings (x) NA 10.64 10.93
Price / Book (%) 59.52 82.17 86.93
Dividend Yield (%) 0.00 4.34 3.63
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. (RBPAA), Sun Bancorp, Inc. (SNBC), Univest Financial Corporation (UVSP)

Republic First Bancorp, Inc.'s financial data is as of 3/31/2020.

Peer financial data is as of 3/31/2020 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.