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home / news releases / FRBK - Republic First Bancorp: Strong Results But Loan Loss Provisions Will Likely Persist

FRBK - Republic First Bancorp: Strong Results But Loan Loss Provisions Will Likely Persist

Republic First Bancorp Inc.
  • Republic First Bancorp is a small Pennsylvania-based bank with additional activities in New Jersey and New York.
  • The net income in the most recent quarter and the first three quarters of the year remains strong.
  • Unlike competitors, FRBK is still adding to its loan loss provisions. An analysis of the loans past due shows why.
  • It's an interesting bank, but I wish the amount of provisions was higher than it is now.

For further details see:

Republic First Bancorp: Strong Results, But Loan Loss Provisions Will Likely Persist
Stock Information
Company Name: Republic First Bancorp Inc.
Stock Symbol: FRBK
Market: OTC
Website: myrepublicbank.com
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