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Republic First Bancorp (Republic First Bancorp) Liabilities-to-Assets : 0.97 (As of Sep. 2022)


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What is Republic First Bancorp Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Republic First Bancorp's Total Liabilities for the quarter that ended in Sep. 2022 was $5,809.8 Mil. Republic First Bancorp's Total Assets for the quarter that ended in Sep. 2022 was $5,999.3 Mil. Therefore, Republic First Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 was 0.97.


Republic First Bancorp Liabilities-to-Assets Historical Data

The historical data trend for Republic First Bancorp's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Republic First Bancorp Liabilities-to-Assets Chart

Republic First Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.91 0.93 0.94 0.94

Republic First Bancorp Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.95 0.96 0.97 0.97

Competitive Comparison of Republic First Bancorp's Liabilities-to-Assets

For the Banks - Regional subindustry, Republic First Bancorp's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Republic First Bancorp's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Republic First Bancorp's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Republic First Bancorp's Liabilities-to-Assets falls into.



Republic First Bancorp Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Republic First Bancorp's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=5302.414/5626.656
=0.94

Republic First Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 is calculated as

Liabilities-to-Assets (Q: Sep. 2022 )=Total Liabilities/Total Assets
=5809.796/5999.254
=0.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Republic First Bancorp  (OTCPK:FRBK) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Republic First Bancorp Liabilities-to-Assets Related Terms

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Republic First Bancorp (Republic First Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
50 South 16th Street, Philadelphia, PA, USA, 19102
Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.
Executives
Michael W Harrington officer: Chief Financial Officer BRYN MAWR TRUST COMPANY, 801 LANCASTER AVENUE, BRYN MAWR PA 19010
Thomas X Geisel director, officer: President and CEO 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Peter B Bartholow director 2100 MCKINNEY AVE, STE 900, DALLAS TX 75201
Michael Laplante officer: SVP/Chief Accounting Officer 191 NORTH ELM AVENUE, NEWTOWN PA 18940
Harry Madonna director C/O REPUBLIC FIRST BANK, 1608 WALNUT ST., PHILADELPHIA PA 19103
Jonathan D. Hill officer: Interim CFO C/O REPUBLIC FIRST BANCORP, INC., 50 S. 16TH STREET. SUITE 2400, PHILADELPHIA PA 19102
Jay M Neilon officer: Chief Credit Officer 35 SKYLINE DRIVE, GLEN MILLS PA 19342
Andrew J Logue officer: Chief Operations Officer 4 TUSCANY WAY, MT. LAUREL NJ 08054
Barry Spevak director 1608 WALNUT STREET, SUITE 1000, PHILADELPHIA PA 19103
Flocco Theodore J Jr director 11 BROOKWOOD ROAD, MT. LAUREL NJ 08054
Tracie Young officer: Chief Risk Officer 50 S. 16TH STREET, SUITE 2400, PHILADELPHIA PA 19102
Harris Wildstein director 1522 MEADOWBROOK RD, MEADOWBROOK PA 19046-1011
Frank A. Cavallaro officer: Chief Financial Officer 132 YALE AVENUE, SOMERDALE NJ 08083
Hill Vernon W Ii director 17000 HORIZON WAY, SUITE 100, MT. LAUREL NJ 08054