---
schema_version: "secwatch.filing_event.v1"
accession: "0002039852-25-000071"
form_type: "8-K"
ticker: "TBBK"
cik: "0001295401"
company_name: "Bancorp, Inc."
filed_at: "2025-04-03T23:59:59+00:00"
generated_at: "2026-05-23T22:18:33.303380+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bancorp CFO Paul Frenkiel retires; CAO Martin Egan named interim CFO

## Summary
- Paul Frenkiel, 72, retired as EVP, CFO and Secretary effective March 28, 2025.
- Martin Egan, current Chief Accounting Officer, appointed Interim CFO; will continue as CAO.
- Frenkiel to serve as consultant through Dec 31, 2025 for $250,000 payable monthly.
- 25,561 unvested RSUs will vest on one-year anniversary of retirement date.
- Company continues formal search for permanent CFO, which began last year.

## SEC filing metadata
- accession: 0002039852-25-000071
- form_type: 8-K
- ticker: TBBK
- cik: 0001295401
- company_name: Bancorp, Inc.
- filed_at: 2025-04-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295401/000203985225000071/0002039852-25-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295401/000203985225000071/bancorp8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002039852-25-000071
- JSON: https://secwatch.observer/filing/0002039852-25-000071.json
- Plain text: https://secwatch.observer/filing/0002039852-25-000071.txt

## Key facts
- Executive change
  Martin Egan was appointed as Interim Chief Financial Officer at Bancorp, Inc..
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: On March 28, 2025, the Board of Directors (the “Board”) of the Company appointed Martin Egan, 57, the Company’s current Chief Accounting Officer, as the Company’s Interim Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295401/000203985225000071/0002039852-25-000071-index.htm
- Executive change
  Paul Frenkiel retired as Executive Vice President, Chief Financial Officer and Secretary at Bancorp, Inc..
  - Action: retired
  - Role: Executive Vice President, Chief Financial Officer and Secretary
  source text: On March 28, 2025, Paul Frenkiel, 72, announced his retirement from his position as the Executive Vice President, Chief Financial Officer and Secretary of The Bancorp, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295401/000203985225000071/0002039852-25-000071-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.