REPUBLIC FIRST BANCORP, INC. (NASDAQ:FRBK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
REPUBLIC FIRST BANCORP, INC. (NASDAQ:FRBK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) On February 28, 2017, Robert J. Coleman, a Class II director of Republic First Bancorp, Inc. (the “Company”), provided the Company notice of his resignation from the board of directors, effective immediately. Mr. Coleman has decided to retire from his position on the board for health reasons. He served on the board of directors of the Company and its wholly owned banking subsidiary, Republic Bank, since 2003. Mr. Coleman’s resignation did not result from a disagreement on any matter relating to the Company’s operations, policies or practices. Also, on February 28, 2017, the board of directors of the Company elected Lisa R. Jacobs as a Class II director of the Company, effective immediately, to fill the vacancy created by the resignation of Mr. Coleman. Ms. Jacobs is a partner at DLA Piper, a leading global law firm specializing in business law. There were no arrangements or understandings between Ms. Jacobs and any other persons to which she was selected as a director.
About REPUBLIC FIRST BANCORP, INC. (NASDAQ:FRBK)
Republic First Bancorp, Inc. is a holding company for Republic First Bank (the Bank), which does business under the name Republic Bank. The Company’s community banking segment encompasses the commercial loan and deposit activities of the Bank, as well as consumer loan products. It offers a range of banking products and services, including consumer and commercial deposit accounts, checking accounts, interest-bearing demand accounts, money market accounts, certificates of deposit, savings accounts, sweep accounts, lockbox services and individual retirement accounts, secured and unsecured commercial loans, real estate loans, construction and land development loans, automobile loans, home improvement loans, mortgages, home equity and overdraft lines of credit, and other products. The Company conducts its principal banking activities through approximately 20 branch locations. REPUBLIC FIRST BANCORP, INC. (NASDAQ:FRBK) Recent Trading Information
REPUBLIC FIRST BANCORP, INC. (NASDAQ:FRBK) closed its last trading session up +0.02 at 8.12 with 129,245 shares trading hands.
Republic First Bancorp, Inc. is a holding company for Republic First Bank (the Bank), which does business under the name Republic Bank. The Company’s community banking segment encompasses the commercial loan and deposit activities of the Bank, as well as consumer loan products. It offers a range of banking products and services, including consumer and commercial deposit accounts, checking accounts, interest-bearing demand accounts, money market accounts, certificates of deposit, savings accounts, sweep accounts, lockbox services and individual retirement accounts, secured and unsecured commercial loans, real estate loans, construction and land development loans, automobile loans, home improvement loans, mortgages, home equity and overdraft lines of credit, and other products. The Company conducts its principal banking activities through approximately 20 branch locations. REPUBLIC FIRST BANCORP, INC. (NASDAQ:FRBK) Recent Trading Information
REPUBLIC FIRST BANCORP, INC. (NASDAQ:FRBK) closed its last trading session up +0.02 at 8.12 with 129,245 shares trading hands.
