Article: First Republic Bancorp, Inc., Parent of First Republic Bank, Reports Third Quarter Results and Purchase Accounting Adjustments

PHILADELPHIA, Oct. 4 /PRNewswire/ -- First Republic Bancorp, Inc. (Nasdaq: FRBK), parent company of First Republic Bank, today reported that net income for 1996's third quarter totaled $500,000 or $.18 per share, compared to $163,000 or $.10 per share for the third quarter of l995. Net income for the first nine months of 1996 totaled $2.4 million or $1.13 per share compared with $447,000 or $.28 per share for the nine months ended September 30, 1995.

First Republic Bancorp, Inc. is the surviving company resulting from the merger of ExecuFirst Bancorp, Inc., parent company of First Executive Bank, and Republic Bancorporation, parent company of Republic Bank, ...

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