secwatch.observer — SEC 8-K summary
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Issuer:     REPUBLIC FIRST BANCORP INC (—)
CIK:        0000834285
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001437749-24-013455
Event type: regulatory
Sentiment:  negative
Materiality: 1.00
Item codes: 1.03, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Republic First Bank closed by regulators, FDIC appointed receiver; all directors resign
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- On April 26, 2024, Republic First Bank closed by Pennsylvania Dept. of Banking; FDIC appointed receiver.
- Bank is no longer a subsidiary of Republic First Bancorp, Inc.
- Directors Andrew B. Cohen, Lisa R. Jacobs, Harry D. Madonna, and Harris Wildstein resigned effective April 26.
- Board amended bylaws to reduce minimum size from 5 to 3 directors; board set at 3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/834285/000143774924013455/0001437749-24-013455-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/834285/000143774924013455/frbk20240426_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-013455

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer