The Bank Slate


Republic First to hold 2022 annual meeting – in January

Republic First Bancorp in Philadelphia finally has a date for its annual meeting.

The $5.7 billion-asset company disclosed in a regulatory filing that the meeting will be held on Jan. 26. Shareholders of record on Nov. 29 will be allowed to vote at the meeting.

Republic First has delayed the meeting for months because an independent legal counsel has been investigating certain related-party transactions.

The company said several weeks ago that the review has been completed and that the findings were being reviewed by its audit committee, management and an independent registered public accounting firm.

Republic First has also been weighing its strategic options, including a possible sale. It resolved a standoff with one investor but remains at an impasse negotiating a truce with another shareholder group.

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