First Resource Bancorp, Inc. (FRSB)

OTCMKTS · Delayed Price · Currency is USD
15.65
+0.12 (0.77%)
At close: Dec 20, 2024
32.63%
Market Cap 47.89M
Revenue (ttm) 20.63M
Net Income (ttm) 5.95M
Shares Out 3.01M
EPS (ttm) 1.94
PE Ratio 8.20
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 208
Open 15.65
Previous Close 15.53
Day's Range 15.65 - 15.65
52-Week Range 10.85 - 14.25
Beta 0.42
Analysts n/a
Price Target n/a
Earnings Date Jan 28, 2025

About First Resource Bancorp

First Resource Bancorp, Inc. operates as the bank holding for First Resource Bank that provides personal and business banking products and services to businesses and families primarily in the southeastern area of Pennsylvania. The company’s offers savings, checking, and money market accounts, as well as certificate deposit account registry services, insured cash sweeps, certificates of deposit, and IRAs. Its loan products include commercial mortgages, construction loans, working capital credit lines, small business administration loans, commerc... [Read more]

Sector Financials
Founded 2005
Employees 17
Stock Exchange OTCMKTS
Ticker Symbol FRSB
Full Company Profile

Financial Performance

In 2023, First Resource Bancorp's revenue was $19.57 million, an increase of 10.19% compared to the previous year's $17.76 million. Earnings were $5.93 million, an increase of 5.35%.

Financial Statements

News

FIRST RESOURCE BANCORP, INC. ANNOUNCES 2024 THIRD QUARTER RESULTS; LOANS AND DEPOSITS GREW 13% OVER THE PAST 12 MONTHS

EXTON, Pa. , Oct. 24, 2024 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank, announced financial results for the three months ended September 30,...

2 months ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES STOCK REPURCHASE PROGRAM

EXTON, Pa. , Aug. 12, 2024 /PRNewswire/ -- First Resource Bancorp, Inc. (the "Company") (OTCQX: FRSB), the parent company for First Resource Bank, announced today that its Board of Directors has appro...

4 months ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES 2024 SECOND QUARTER RESULTS; NET INTEREST MARGIN EXPANDS, LOANS GREW 14% AND DEPOSITS GREW 13% OVER THE PAST 12 MONTHS

EXTON, Pa. , July 25, 2024 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank, announced financial results for the three months ended June 30, 2024...

5 months ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. Recognized as One of the Top Performing Bank Holding Companies Under $2 Billion in Assets in the US by American Banker

EXTON, Pa. , July 2, 2024 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), holding company for First Resource Bank, is proud to announce that it has been recognized by American Banker for t...

6 months ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES APPOINTMENT OF TWO NEW DIRECTORS

EXTON, Pa. , May 6, 2024  /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB) announced the appointment of Pamela M. Cyr and Michael Hohl to its Board of Directors, while simultaneously announc...

8 months ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES 2024 FIRST QUARTER RESULTS; CONTINUED BALANCE SHEET GROWTH OFFSETS MARGIN COMPRESSION

EXTON, Pa. , April 25, 2024 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank, announced financial results for the three months ended March 31, 20...

8 months ago - PRNewsWire

First Resource Bank Celebrates The Promotion of Lauren Ranalli to President & Chief Executive Officer And The Retirement of former CEO, Glenn Marshall

EXTON, Pa. , April 1, 2024 /PRNewswire/ -- Today marks a significant milestone for First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank, as they proudly announced th...

9 months ago - PRNewsWire

First Resource Bank Announces Lending Department Leadership Changes

EXTON, Pa. , March 27, 2024 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank, announced the promotion of Lee Herzer to Executive Vice President &...

9 months ago - PRNewsWire

FIRST RESOURCE BANK Welcomes Jennifer MacMullen as Executive Vice President and Chief Retail Banking Officer

EXTON, Pa. , March 14, 2024 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank, a leading financial institution committed to providing personalized...

10 months ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES THIRTEENTH CONSECUTIVE YEAR OF RECORD ANNUAL EARNINGS; NET INCOME GREW 5% OVER THE PRIOR YEAR

EXTON, Pa. , Jan. 30, 2024 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank ("Bank"), announced financial results for the three months and year e...

11 months ago - PRNewsWire

FIRST RESOURCE BANK Appoints Kristen Fries as Executive Vice President and Chief Financial Officer

EXTON, Pa. , Nov. 20, 2023 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), holding company for First Resource Bank, is pleased to announce the promotion of Kristen Fries to Executive Vice ...

1 year ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES THIRD QUARTER RESULTS; LOANS AND DEPOSITS GREW 13% YEAR TO DATE

EXTON, Pa. , Oct. 30, 2023 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank ("Bank"), announced financial results for the three months ended Sept...

1 year ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. Announces Retirement of CEO, Glenn Marshall; President & CFO, Lauren Ranalli Named Successor

EXTON, Pa. , Sept. 21, 2023 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB) announced that after an illustrious career spanning over four decades in the banking industry, Glenn Marshall, Ch...

1 year ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES SECOND QUARTER RESULTS; NET INTEREST MARGIN EXPANDS, LOANS GREW 21% AND DEPOSITS GREW 14% OVER THE PAST 12 MONTHS

EXTON, Pa. , July 27, 2023 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank, announced financial results for the three months ended June 30, 2023...

1 year ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. Recognized as One of the Top Performing Bank Holding Companies Under $2 Billion in the US by American Banker

EXTON, Pa. , June 20, 2023 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB) is proud to announce that it has been recognized by American Banker as one of the top performing publicly traded c...

1 year ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES 5% STOCK DIVIDEND

EXTON, Penn. , May 22, 2023 /PRNewswire/ -- The First Resource Bancorp, Inc. (OTCQX: FRSB) Board of Directors has declared a five percent (5%) common stock dividend to shareholders of record on June 1...

1 year ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES FIRST QUARTER RESULTS; DEPOSITS GREW 8% AND LOANS GREW 5% DURING FIRST QUARTER OF 2023

EXTON, Pa. , April 26, 2023 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank, announced financial results for the three months ended March 31, 20...

1 year ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES TWELFTH CONSECUTIVE YEAR OF RECORD ANNUAL EARNINGS; NET INCOME GREW 35% OVER THE PRIOR YEAR

EXTON, Pa. , Jan. 27, 2023 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank, announced financial results for the three months and year ended Dece...

2 years ago - PRNewsWire

First Resource Bank Expands Management Team with Key Promotions

EXTON, Pa. , Jan. 3, 2023 /PRNewswire/ -- To meet the increasing needs of its customer base, First Resource Bank (OTCQX: FRSB) announced the promotion of three key team members whose leadership skills...

2 years ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES RECORD QUARTERLY RESULTS; THIRD QUARTER 2022 NET INCOME GREW 19% OVER THE PRIOR YEAR

EXTON, Pa. , Oct. 28, 2022 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB) announced financial results for the third quarter of 2022. "The momentum to grow assets and profitability continue...

2 years ago - PRNewsWire

First Resource Bank CEO, Glenn Marshall, Presented with Prestigious Leadership Award

EXTON, Pa. , Sept. 26, 2022 /PRNewswire/ -- The Exton Region Chamber of Commerce presented First Resource Bank's CEO, Glenn Marshall, with the Harold Martin Leadership award at its 50th Anniversary Ce...

2 years ago - PRNewsWire

FIRST RESOURCE BANCORP, INC. ANNOUNCES RECORD QUARTERLY RESULTS; SECOND QUARTER 2022 NET INCOME GREW 31% OVER THE PRIOR YEAR

EXTON, Pa. , July 28, 2022 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB) announced financial results for the three months ended June 30, 2022. Glenn B.

2 years ago - PRNewsWire

FIRST RESOURCE BANK ANNOUNCES APPROVAL AND EFFECTIVE DATE OF HOLDING COMPANY REORGANIZATION

EXTON, Pa. , May 12, 2022 /PRNewswire/ -- First Resource Bank (OTCQX: FRSB) announced the completion of its reorganization as a wholly-owned subsidiary of First Resource Bancorp, Inc., effective May 1...

2 years ago - PRNewsWire

FIRST RESOURCE BANK ANNOUNCES RECORD QUARTERLY RESULTS; FIRST QUARTER 2022 NET INCOME GREW 47% OVER THE FIRST QUARTER OF THE PRIOR YEAR

EXTON, Pa. , April 26, 2022 /PRNewswire/ -- First Resource Bank (OTCQX: FRSB) announced financial results for the three months ended March 31, 2022. Glenn B.

2 years ago - PRNewsWire

FIRST RESOURCE BANK ANNOUNCES ELEVENTH CONSECUTIVE YEAR OF RECORD ANNUAL EARNINGS; NET INCOME GREW 28% OVER THE PRIOR YEAR

EXTON, Pa. , Jan. 27, 2022 /PRNewswire/ -- First Resource Bank (OTCQX: FRSB) announced financial results for the three months and year ended December 31, 2021. Glenn B.

3 years ago - PRNewsWire