PHILADELPHIA, Nov. 10 /PRNewswire-FirstCall/ -- Republic First Bancorp Inc. (NASDAQ:FRBK) today announced that Robert B. Worley has joined the company as Senior Vice President and Market Manager for New Jersey. (Photo: http://www.newscom.com/cgi-bin/prnh/20091110/PH08586 ) Worley comes to Republic First Bank with 25 plus years of commercial banking experience, primarily in Southern New Jersey. Worley spent 14 years as Regional Vice President for Commerce Bank's Burlington County market, where he led all business development for a 15 branch network that contributed over $2 billion in deposits. Most recently, he served three years as Market President for TD Bank in Washington D.C. "We are very pleased that Rob is now part of our senior management team," said Republic First Chairman and CEO Harry Madonna. "His background makes him the ideal leader for our planned expansion across Southern New Jersey. Rob's addition is a strong signal that we continue to attract talented professionals looking to help us build America's Next Great Bank." "I'm very excited to be part of Republic First Bank's future," said Worley. "It's great to once again be part of a banking model that is committed to providing customers with amazing personal service, the products they need and local decision making. It feels very familiar to my experiences with the old Commerce Bank, only taken to the next level. I am certain that as we grow our customers will agree." Earlier in 2009, the shareholders of Republic First Bancorp approved a proposal to merge with Metro Bancorp, Inc. (formerly Pennsylvania Commerce Bancorp Inc.) The merger remains subject to regulatory approvals and other customary closing conditions. 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. 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. http://www.newscom.com/cgi-bin/prnh/20091110/PH08586 DATASOURCE: Republic First Bancorp Inc. CONTACT: Kevin J. Barry of Republic First Bancorp Inc., +1-215-430-5416,

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