PHILADELPHIA, Jan. 20, 2023 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Firm”), the guardian firm of Republic First Financial institution d/b/a Republic Financial institution (the “Financial institution”), as we speak has introduced the appointment of Michael LaPlante as Senior Vice President, Chief Accounting Officer, efficient January 17, 2023. Mr. LaPlante will probably be an integral chief on the finance staff overseeing the Firm’s accounting features, and can report on to Chief Monetary Officer, Michael Harrington.
Mr. LaPlante has greater than 25 years of expertise main monetary and regulatory reporting, accounting operations and monetary planning and evaluation groups (“FP&A”). Previous to becoming a member of the Firm, Mr. LaPlante served as SVP, Chief Accounting Officer & Company Controller at Bryn Mawr Belief, the place he led the $20+ billion merger efforts through the transition to WSFS Financial institution for Accounting, Reporting, FP&A and Treasury features. Previous to his tenure at Bryn Mawr Belief, Mr. LaPlante held varied senior positions at The Financial institution of Princeton, Deloitte, First Nationwide Financial institution of Chester County and Solar Bancorp.
“I’m thrilled to be working with Mike once more. He brings vital, diversified monetary expertise supporting regional banking,” stated Michael Harrington, Chief Monetary Officer of Republic Financial institution. “Mike is a confirmed chief and trusted enterprise companion. His impression on the Financial institution will probably be far reaching, going properly past these areas of direct duty. We look ahead to working carefully with him.”
Mr. LaPlante is a licensed Licensed Public Accountant, and earned his Bachelor of Enterprise Administration diploma in Accounting from Philadelphia-based Temple College.
About Republic First Bancorp, Inc.
Republic Financial institution is the working identify for Republic First Financial institution. Republic First Financial institution is a full-service, state-chartered business financial institution, whose deposits are insured as much as the relevant limits by the Federal Deposit Insurance coverage Company (FDIC). The Financial institution supplies diversified monetary merchandise by means of its 34 places of work situated in Atlantic, Burlington, Camden, and Gloucester Counties in New Jersey; Bucks, Delaware, Montgomery and Philadelphia Counties in Pennsylvania and New York County in New York. The Financial institution additionally affords a variety of residential mortgage merchandise by means of its mortgage division. For extra details about Republic Financial institution, please go to myrepublicbank.com.
Ahead Trying Statements
This press launch, and oral statements made concerning the themes of this launch, incorporates “forward-looking statements” inside the which means of the Securities Litigation Reform Act of 1995, or the Reform Act, which can embrace, however will not be restricted to, statements concerning the Firm’s estimates, plans, aims, expectations and intentions and different statements contained on this press launch that aren’t historic details, together with statements recognized by phrases reminiscent of “consider,” “plan,” “search,” “anticipate,” “intend,” “estimate,” “anticipate,” “will,” and related expressions. All statements addressing the Firm’s means to regain compliance with the Nasdaq itemizing necessities and future working outcomes are forward-looking statements inside the which means of the Reform Act. The forward-looking statements are primarily based on administration’s present views and assumptions concerning future occasions and working efficiency, and are inherently topic to vital uncertainties and contingencies and modifications in circumstances, lots of that are past the Firm’s management. The statements on this press launch are made as of the date of this press launch, even when subsequently made obtainable by the Firm on its web site or in any other case. The Firm doesn’t undertake any obligation to replace or revise these statements to replicate occasions or circumstances occurring after the date of this press launch. It is best to rigorously evaluation the danger elements described within the Type 10-Ok for the yr ended December 31, 2021 and different paperwork the Firm information infrequently with the Securities and Change Fee.
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