Republic First Bancorp INC: insider trades · United States · SEC (Form 4)

About Republic First Bancorp INC

Republic First Bancorp Inc. was a U.S. banking holding company historically associated with the Republic Bank brand. According to the latest public filings available, the company was listed in the United States on the Nasdaq market under ticker FRBK, within the disclosure and governance framework applicable to U.S.-listed issuers. The company was organized and incorporated in Pennsylvania in 1987 as a bank holding company, with an early strategic focus on the Greater Philadelphia area and southern New Jersey. Its principal office was in Philadelphia, Pennsylvania, underscoring a long-standing regional franchise built around local customer relationships. From an operating perspective, Republic First Bancorp functioned as a regional commercial bank serving consumers, professionals, and small-to-mid-sized businesses. Its core product set included checking and savings accounts, deposit services, commercial lending, real estate lending, and other credit products designed for local and business customers. The group also pursued a multichannel delivery model, combining branch-based banking with non-branch channels to extend reach beyond its physical footprint. In practical terms, the business model aimed to position Republic as a local alternative to larger money-center banks in its home markets. Competitively, the company’s value proposition was centered on proximity, relationship banking, and market knowledge rather than scale. That is an important distinction in the U.S. banking landscape, where regional banks face pressure from national institutions, other regional peers, and increasingly digital-first providers. Republic’s differentiation historically came from its geographic concentration, customer service model, and ability to tailor products for community and business banking needs. The most significant recent development was the closure of Republic First Bank, d/b/a Republic Bank, on April 26, 2024, when Pennsylvania banking authorities closed the institution and the FDIC was appointed receiver. That event dramatically changed the investment case and makes FRBK a highly unusual situation in the public markets. For investors, the name is therefore best viewed through a special-situations lens rather than as a standard going-concern regional bank. Any interpretation of the company should be grounded in SEC filings, including Form 4 insider transaction disclosures, and in the post-closure regulatory record. Given the severity of the 2024 event, caution is warranted when using historical financial or operating data to infer current economics.