First Res Bank Stock Price, News & Analysis

First Resource Bank (FRSB) was named Best Bank in Chester County for the ninth consecutive year by Daily Local News readers on Nov. 19, 2025. The bank cites a community-focused model, complementary honors as a Best Places to Work and Best Bank on the Main Line, and 2025 community contributions of over $500,000 plus hundreds of volunteer hours. The release emphasizes customer-focused free products, local banking services, and ongoing commitment to employees, shareholders, and the Delaware Valley community.

First Resource Bank (OTCQX: FRSB) announced it was named Best Bank in Chester County for the ninth consecutive year by readers of the Daily Local News on Nov 19, 2025.

The release highlights two additional recent honors: named a Best Places to Work by the Philadelphia Business Journal and voted Best Bank on the Main Line by Main Line Times readers. In 2025 the bank contributed over $500,000 to local schools, businesses, and civic groups and employees volunteered hundreds of hours.

First Resource Bancorp (OTCQX: FRSB) reported Q3 2025 results for the quarter ended September 30, 2025, showing continued earnings and balance-sheet expansion.

Key highlights: Net income $2.3M (+39% YoY), EPS $0.75 (+42% YoY), net interest margin 3.87% (Q3), total assets $724.9M (surpassed $700M), loans $655.3M (+12% YoY), deposits $630.8M (+15% YoY), and book value per share $18.79.

First Resource Bancorp (OTCQX:FRSB) reported record-breaking Q2 2025 financial results, with net income growing 41% year-over-year to $1.9 million, or $0.63 per share. The bank achieved significant milestones with its net interest margin expanding to 3.72% from 3.50% in Q4 2024.

Key performance metrics include 13% annualized loan growth and 18% annualized deposit growth during Q2. Total assets reached $697.3 million, up 3% quarter-over-quarter, while maintaining strong asset quality with non-performing assets at just 0.03% of total assets. The bank's book value per share increased 4% to $18.00.

First Resource Bancorp (OTCQX: FRSB) reported strong Q1 2025 financial results, with net income reaching $1.7 million, up 27% year-over-year and 67% from the previous quarter. The bank achieved earnings per share of $0.56, a 30% increase from Q1 2024.

Key highlights include net interest margin expansion to 3.60%, total interest income growth of 16% year-over-year, and total deposits increasing by 4% during the quarter. The bank's total assets grew by $11.7 million to $675.3 million, while non-performing assets decreased to 0.04% from 0.19% in the previous quarter.

The loan portfolio expanded by 1% to $605.0 million, with growth in commercial business, construction, and consumer loans. Book value per share increased 4% to $17.34, and the company continued its stock repurchase program, buying back 9,248 shares at an average price of $14.62.

First Resource Bancorp (OTCQX: FRSB) has announced the appointment of Jim Egan as Senior Vice President of Commercial Lending. Egan brings 40 years of banking industry experience, including 38 years at Bryn Mawr Trust where he served as Chief Commercial Lending Officer and Head of Commercial Real Estate.

In his new role at First Resource Bank, Egan will focus on developing new business opportunities, particularly in loans, cash management, and deposit solutions. His appointment aligns with the bank's community-focused approach and expansion in the Wayne, PA market. As a Chester County resident with over 40 years of community involvement, including service on the American Red Cross Golf Committee and Ardmore Rotary, Egan plans to continue his community engagement to strengthen First Resource Bank's local presence.

First Resource Bancorp (OTCQX: FRSB) reported financial results for Q4 and full-year 2024. Key highlights include 13% loan growth, 11% deposit growth, and 10% asset growth year-over-year. Net income for Q4 2024 was $1.0 million ($0.33 per share), down from $1.6 million ($0.53 per share) in Q4 2023. Full-year 2024 net income was $5.3 million ($1.73 per share), a 10% decrease from 2023.

The bank's net interest margin improved to 3.50% in Q4 2024, up from 3.43% in Q3. Total interest income grew 24% year-over-year. However, results were impacted by a $1.0 million specific reserve established for a non-performing commercial loan. The company implemented a 5% stock repurchase program and issued $2.5 million in subordinated debt during 2024. Book value per share increased 12% to $16.73.

First Resource Bancorp (OTCQX: FRSB) reported strong Q3 2024 financial results with net income of $1.6 million, up 20% from the previous quarter. Key highlights include a 22% year-over-year increase in total interest income, 13% growth in loans and deposits over the past 12 months, and maintained net interest margin at 3.43%. The company issued $2.5 million in subordinated debt and implemented a 5% stock repurchase program, under which 96,084 shares were repurchased. Credit quality remained excellent with no non-performing assets or loans past due. Book value per share grew 4% during Q3 to $16.45.

First Resource Bancorp, Inc. (OTCQX: FRSB) has announced a stock repurchase program of up to 155,922 shares, or 5% of its outstanding common stock. The program, set to expire on July 16, 2025, demonstrates the company's commitment to enhancing shareholder value. Key points include:

• Repurchases may occur in open market or private transactions
• The program is flexible, with no obligation to acquire a specific amount
• Timing and volume will be at management's discretion
• Repurchased shares will be held as treasury stock for general corporate purposes

Lauren C. Ranalli, President and CEO, emphasized the company's strong capitalization and growing profitability as factors enabling this initiative.