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Republic Bank Hires New Commercial Lender

PHILADELPHIA, July 17, 2013 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the holding company for Republic Bank, today announced the hiring of Matt Moresco as the new Vice President of Commercial Lending for the Pennsylvania Market. His responsibilities include the marketing of Commercial Loan and Cash Management products as Republic Bank continues its expansion.

(Logo:  http://photos.prnewswire.com/prnh/20100707/PH31611LOGO )

Matt was previously with TD Bank (formerly Commerce Bank), where he served as a Vice President and Commercial Lender for over 17 years. Matt worked in the Montgomery, Delaware, and Chester County regions. Matt's significant lending experience, as well as his presence in the suburban Philadelphia market, make him a great asset to the Republic Bank Lending team. 

Matt stated, "I am excited to join Republic Bank in a time of growth and expansion. I look forward to being a part of an exceptional lending team and delivering first-class Customer service throughout the greater Philadelphia region." 

About Republic Bank

Republic Bank, a subsidiary of Republic First Bancorp, Inc., is a full-service, state-chartered commercial bank, whose deposits are insured up to the applicable limits by the Federal Deposit Insurance Corporation (FDIC). The Bank provides diversified financial products through its thirteen offices located in Abington, Ardmore, Bala Cynwyd, Plymouth Meeting, Media and Philadelphia, Pennsylvania and Voorhees and Haddonfield, New Jersey. For more information about Republic Bank, visit myrepublicbank.com.

Forward Looking Statements

The Company may from time to time make written or oral "forward-looking statements", including statements contained in this release and in the Company's filings with the Securities and Exchange Commission. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements.  You should carefully review the risk factors described in the Form 10-K for the year ended December 31, 2012 and other documents the Company files from time to time with the Securities and Exchange Commission. The words "would be," "could be," "should be," "probability," "risk," "target," "objective," "may," "will," "estimate," "project," "believe," "intend," "anticipate," "plan," "seek," "expect" and similar expressions or variations on such expressions are intended to identify forward-looking statements. All such statements are made in good faith by the Company pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company, except as may be required by applicable law or regulations.

SOURCE Republic First Bancorp, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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