Peer Analysis

Performance Ratios (%) FRBK Peer Median Peer Average
ROAA 0.38 0.92 1.00
ROAE 4.00 8.92 9.36
Net Interest Margin 3.18 3.53 3.41
Efficiency Ratio 85.18 61.57 61.40
Loans / Deposits 57.44 95.45 95.96
Asset Quality Ratios (%)
NPAs / Assets 1.00 0.92 0.94
NCOs / Avg Loans 0.18 0.08 0.11
Reserves / Loans 0.57 0.89 0.89
Reserves / NPAs 30.39 79.38 86.56
Capital Ratios (%)
Tier 1 Capital 14.91 12.70 14.48
Tangible Equity / Tangible Assets 8.54 9.35 9.82
Total Equity / Total Assets 8.87 10.78 11.25
Market Ratios
Price / Earnings (x) 39.69 13.81 15.23
Price / Book (%) 158.30 126.70 124.99
Dividend Yield (%) 0.00 2.91 2.53
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 9/30/2018.

Peer financial data is as of 9/30/2018 except for these companies:

Bryn Mawr Bank Corporation's financial data is as of 12/31/2018.
Royal Bancshares of Pennsylvania, Inc.'s financial data is as of 9/30/2017.
Citizens & Northern Corporation's financial data is as of 12/31/2018.
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.