FRBK Republic First Bancorp Inc

PHILADELPHIA, March 30 /PRNewswire-FirstCall/ -- Republic First Bancorp Inc. (NASDAQ:FRBK), soon to be renamed Metro Bancorp Inc., today announced that Stephen McWilliams has joined the company as Senior Vice President and Senior Commercial Lender. McWilliams comes to Metro Bank with 20 plus years of commercial banking experience in Philadelphia and surrounding markets. Most recently, he served as Regional Vice President and Middle Market Lender for Commerce Bank and ultimately TD Bank. Prior to leaving TD Bank, McWilliams oversaw all business development for a 25 branch network located throughout Delaware and Chester Counties. "We are very pleased that Steve McWilliams is now part of our senior management team," said Republic First Chairman and CEO Harry Madonna. "The addition of Steve is a strong signal that we are ready to lend and committed to hiring talented professionals to help us build America's Next Great Bank." "I'm thrilled to be part of Metro Bank's future," said McWilliams. "It's great to once again be part of a growth company that is committed to providing customers with personal service, the products they need and local decision making. You can sense the excitement throughout this organization, the power of red is back!" Republic First Bank (PA), a wholly owned subsidiary of Republic First Bancorp, is a full-service, state-chartered commercial bank, whose deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The Bank provides diversified financial products through its twelve offices located in Abington, Ardmore, Bala Cynwyd, Plymouth Meeting, Media and Philadelphia, Pennsylvania and Voorhees, New Jersey. Earlier this month, the shareholders of Republic First Bancorp approved a proposal to merge with Pennsylvania Commerce Bancorp Inc. and form Metro Bancorp. The merger remains subject to regulatory approvals and other customary closing conditions. 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. These forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, estimates, and intentions that are subject to significant risks and uncertainties and are subject to change based on various factors, many of which are beyond the Company's control. The words "may", "could", "should", "would", "believe", "anticipate", "estimate", "expect", "intend", "plan", and similar 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 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. DATASOURCE: Republic First Bancorp Inc. CONTACT: Kevin J. Barry of Republic First Bancorp Inc., +1-215-430-5416,

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