Republic First Bancorp Inc (FRBK) Annual Income Statement

Annual · GAAP · USD millions
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Quarterly income statement trends provide context on Republic First Bancorp Inc's margins, operating leverage, and earnings trajectory.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2021)
2021
(Dec 31 2020) (Dec 31 2019) (Dec 31 2018) (Dec 31 2017)
Revenues
Interest and Fee Income, Loans and Leases0.00
Interest and Dividend Income, Securities, Operating0.33
Interest Income, Federal Funds Sold0.45
Other Income147.03
Total Interest Income147.80
Interest Expense, Deposits1.51
Interest Expense, Borrowings0.25
Net Interest (-)Expense / Income-18.59
Net Interest Income129.21
Provision for loan losses5.75
Total Net Interest Income123.46
Service Fees, Investment Banking, Brokerage and Other Transactions0.00
Revenue From Contract With Customer Including Assessed Tax14.56
Noninterest Income, Other Operating Income0.60
Loss / Gain on Investment3.21
Other Non-Interest Income7.33
Total Non-interest Income32.75
Total Revenues156.21
Costs & Expenses
Salaries & employee benefits, SGA63.14
Restructuring, Accretion & impairment charges0.00
Unusual Expense /-Income1.67
Depreciation & Amortization8.42
Foreclosed Real Estate Expense0.84
Communications, Occupancy and Information Technology15.11
Professional Fees and Commission3.79
Federal Deposit Insurance Corporation Premium Expense3.48
Other Noninterest Expense12.24
Other loss /-income13.83
Total Operating Expenses122.51
Total Costs & Expenses141.10
Income & Taxes
Income /-loss before income taxes33.70
Income taxes expenses/-benefit8.53
Income after income taxes25.18
Net income/-loss of other equity0.00
Income /-loss after income taxes25.18
Net Income/-loss25.18
Preferred dividends3.50
Income/-loss to shareholder21.68
Earnings Per Share
Basic EPS (excl. extra items)0.37
Basic Net EPS0.37
Basic shares outstanding (Mill. of Units)58.89
Diluted Net EPS0.33
Diluted average shares (Mill. of Units)75.95
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About FRBK Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.