Peer Analysis

Performance Ratios (%) FRBK Peer Median Peer Average
ROAA $0.19 $1.07 $1.12
ROAE $2.18 $9.98 $10.46
Net Interest Margin $3.04 $3.43 $3.39
Efficiency Ratio $90.42 $61.14 $61.18
Loans / Deposits $59.68 $96.32 $95.95
Asset Quality Ratios (%)
NPAs / Assets 0.75 0.84 0.86
NCOs / Avg Loans 0.06 0.04 0.06
Reserves / Loans 0.53 0.78 0.88
Reserves / NPAs 36.66 66.60 92.06
Capital Ratios (%)
Tier 1 Capital 13.59 12.72 14.33
Tangible Equity / Tangible Assets 8.25 9.56 10.09
Total Equity / Total Assets 8.55 10.78 11.44
Market Ratios
Price / Earnings (x) 44.70 12.76 12.97
Price / Book (%) 104.64 117.50 126.84
Dividend Yield (%) 0.00 2.76 2.47
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., Sun Bancorp, Inc., Univest Financial Corporation (UVSP)

Republic First Bancorp, Inc.'s financial data is as of 6/30/2019.

Peer financial data is as of 6/30/2019 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.