May 15 (Reuters) - Republic First Bancorp Inc FRBK.O :
* REPUBLIC FIRST BANCORP, INC. HIGHLIGHTS POSITIVE IMPACT OF
RECENT STRATEGIC INITIATIVES AND PROVIDES CORPORATE UPDATES
* REPUBLIC FIRST BANCORP INC - BOARD HAS DETERMINED THAT
BANK HAS
AN ADEQUATE CAPITAL POSITION AT THIS TIME
* REPUBLIC FIRST BANCORP: CO'S RECENT INITIATIVES INCLUDE
WINDING
DOWN ITS NEW YORK CITY COMMERCIAL LENDING BUSINESS AND MORTGAGE
ORIGINATION BUSINESS
* REPUBLIC FIRST BANCORP: IN COMING WEEKS, MONTHS, NEW
LEADERSHIP
INTENDS TO IMPLEMENT MORE INITIATIVES TO ADVANCE ITS STRATEGIC
REALIGNMENT OF BANK
Source text for Eikon: ID:nGNXbCZpzm
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