Republic First Bancorp, Inc. (FRBK) financial statements (2022 and earlier)

Company profile

Business Address TWO LIBERTY PLACE
PHILADELPHIA, PA 19102
State of Incorp. PA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 78416872623527
Cash and cash equivalents 77516872623527
Short-term investments 9     
Receivables 16109754
Total current assets: 80017881694031
Noncurrent Assets
Operating lease, right-of-use asset 7365
Property, plant and equipment 12311788755746
Intangible assets, net (including goodwill)  5555 
Goodwill  5555 
Intangible assets, net (excluding goodwill)     0 
Total noncurrent assets: 19618793806246
Other undisclosed assets 4,0692,9762,5792,1731,8221,362
TOTAL ASSETS: 5,0663,3412,7532,3221,9241,439
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 0191  47
Total current liabilities: 0191  47
Noncurrent Liabilities
Other undisclosed liabilities 4,7573,0922,4172,0961,7091,279
Total liabilities: 4,7583,0922,5082,0961,7091,326
Stockholders' equity
Stockholders' equity attributable to parent 308249245226215113
Preferred stock 0     
Common stock 111110
Treasury stock, value (4)(4)(4)(4)(4)(4)
Additional paid in capital 322272269256254153
Deferred compensation equity (0)(0)(0)(0)(0)(0)
Accumulated other comprehensive loss (3)(7)(12)(8)(7)(3)
Accumulated deficit (8)(12)(9)(19)(28)(33)
Total stockholders' equity: 308249245226215113
TOTAL LIABILITIES AND EQUITY: 5,0663,3412,7532,3221,9241,439

Income statement (P&L) ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 233091796352
Net investment income 223091705345
Cost of revenue (4)(2)(2)(1)(2)(1)
Provision for loan, lease, and other losses (4)(2)(2)
Financial services costs(1)(2)(1)
Gross profit: 192888786151
Operating expenses (41)(31)(23)(59)(45)(34)
Other operating income, net
(Noninterest Income, Other Operating Income)
 0  000
Operating income (loss): (22)(3)65191618
Nonoperating expense
(Investment Income, Nonoperating)
     (0)(0)
Interest and debt expense (23)(27)(16)(9)(7)(5)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 5125(38)(4)(5)(10)
Income (loss) from continuing operations before income taxes: 6(5)10652
Income tax expense (benefit) (1)1(2)300
Net income (loss) attributable to parent: 5(4)9952
Preferred stock dividends and other adjustments (1)     
Net income (loss) available to common stockholders, diluted: 4(4)9952

Comprehensive Income ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): 5(4)9952
Other comprehensive loss     (4)(3)
Comprehensive income (loss): 5(4)991(0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 55(3)(0)  
Comprehensive income (loss), net of tax, attributable to parent: 101691(0)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: