Peer Analysis

Performance Ratios (%) FRBK Peer Median Peer Average
ROAA $0.04 $1.04 $1.11
ROAE $0.46 $9.58 $10.32
Net Interest Margin $2.96 $3.41 $3.36
Efficiency Ratio $95.93 $60.66 $61.08
Loans / Deposits $57.28 $98.02 $96.48
Asset Quality Ratios (%)
NPAs / Assets 0.80 0.74 0.82
NCOs / Avg Loans 0.07 0.03 0.04
Reserves / Loans 0.53 0.81 0.90
Reserves / NPAs 34.16 81.27 99.62
Capital Ratios (%)
Tier 1 Capital 13.10 13.03 14.37
Tangible Equity / Tangible Assets 7.84 9.73 10.10
Total Equity / Total Assets 8.13 10.86 11.42
Market Ratios
Price / Earnings (x) 129.67 12.97 12.99
Price / Book (%) 91.25 118.96 125.54
Dividend Yield (%) 0.00 2.64 2.55
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 9/30/2019.

Peer financial data is as of 9/30/2019 except for these companies:

Bryn Mawr Bank Corporation's financial data is as of 12/31/2019.
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.