Republic First Bank Appoints Senior Vice President of Capital Markets Group PHILADELPHIA, May 25 /PRNewswire-FirstCall/ -- Patrick J. Morris was named Senior Vice President of Capital Markets at Republic First Bank, the primary asset of parent company Republic First Bancorp . Morris, an experienced professional in financial services, will be responsible for the development and growth of the bank's Capital Market fee income based products, as well as support the continued growth of the bank's half billion dollar commercial loan portfolio. Morris brings more than 20 years of experience in financial services to Republic First, the Center City-based commercial bank. Previously serving as Senior Vice President for Pinnacle Capital Group, he successfully helped grow a small, privately held mortgage broker into an investment banking firm which was ultimately purchased by a publicly traded mortgage REIT. "Morris' proven record of new business development, both on and off- balance sheet, coupled with his impressive network of commercial real estate developers and investors, represent a great asset to our team as we execute our plan to become the best bank for business in the Greater Delaware Valley," said Bob Davis, President and CEO of Republic First Bank. Morris earned his bachelor's degree in Finance from the University of Arizona. Over the years, Morris has served on numerous committees benefiting the financial services industry and is currently an active member of the Mortgage Bankers Association and International Council of Shopping Centers. Morris currently resides in Havertown, PA, with his family. Republic First Bank, subsidiary of a two-bank holding company, Republic First Bancorp, Inc., specializes in commercial banking. The Bank provides diversified financial products and services through its twelve offices located throughout Philadelphia, Ardmore, East Norriton, Abington, and a sister bank, First Bank of Delaware, in Wilmington. The Republic First Bank is a full- service, state-chartered bank, with deposits insured by the Federal Deposit Insurance Corporation [FDIC]. DATASOURCE: Republic First Bank CONTACT: Debbie Lubonski, Republic First Bank, +1-215-735-4422, x264

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