FIRST RESOURCE BANCORP, INC. ANNOUNCES QUARTERLY CASH DIVIDEND

Rhea-AI Summary

First Resource Bancorp (OTCQX: FRSB) announced a regular quarterly cash dividend of $0.02 per share, declared April 15, 2026. The dividend is payable May 15, 2026 to shareholders of record as of May 1, 2026. The company is the holding company for First Resource Bank, a Pennsylvania state-chartered bank with three branches.

The announcement reiterates forward-looking caution language and directs investors to the company website for more information.

AI-generated analysis. Not financial advice.

Positive

• $0.02 per share quarterly dividend announced
• Dividend payable May 15, 2026 with record date May 1, 2026
• Affirms local banking franchise with three full-service branches

Negative

• Dividend level is modest at $0.02 per share, limiting per-share income
• OTCQX listing may imply lower liquidity versus major exchange listings

News Market Reaction – FRSB

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1 alert

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On the day this news was published, FRSB declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

EXTON, Pa., April 16, 2026 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB) announced that on April 15, 2026, First Resource's Board of Directors declared a regular quarterly cash dividend of $0.02 per share on the Company's common stock. The dividend is payable on May 15, 2026 to shareholders of record as of May 1, 2026.

About First Resource Bancorp, Inc.

First Resource Bancorp, Inc. is the holding company of First Resource Bank. First Resource Bank is a locally owned and operated Pennsylvania state-chartered bank with three full-service branches, serving the banking needs of businesses, professionals and individuals in the Delaware Valley. The Bank offers a full range of deposit and credit services with a high level of personalized service. First Resource Bank also offers a broad range of traditional financial services and products, competitively priced and delivered in a responsive manner to small businesses, professionals and residents in the local market. For additional information visit our website at www.firstresourcebank.com. Member FDIC.

This press release contains statements that are not of historical facts and may pertain to future operating results or events or management's expectations regarding those results or events. These are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include, but are not limited to, statements about our plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts. When used in this press release, the words "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", or words of similar meaning, or future or conditional verbs, such as "will", "would", "should", "could", or "may" are generally intended to identify forward-looking statements. These forward-looking statements are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are either beyond our control or not reasonably capable of predicting at this time. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Actual results may differ materially from the results discussed in these forward-looking statements. Readers of this press release are accordingly cautioned not to place undue reliance on forward-looking statements. First Resource Bank disclaims any intent or obligation to update publicly any of the forward-looking statements herein, whether in response to new information, future events or otherwise.

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SOURCE First Resource Bank

FAQ

What dividend did First Resource Bancorp (FRSB) declare on April 15, 2026?

The company declared a $0.02 per share quarterly cash dividend. According to the company, the dividend was declared April 15, 2026 and will be paid May 15, 2026 to holders of record May 1, 2026.

When will the FRSB dividend be paid and who is eligible for the May 2026 payout?

The dividend is payable May 15, 2026 to shareholders of record as of May 1, 2026. According to the company, shareholders on the May 1 record date will receive the cash dividend on the May 15 payment date.

How much income does the $0.02 FRSB dividend provide per share annually?

At one quarterly payment of $0.02, annualized income would be $0.08 per share if repeated each quarter. According to the company, this declaration covers the upcoming quarterly payment only.

What does the FRSB dividend announcement indicate about the company's operations?

The dividend signals the company is distributing cash to shareholders while operating through its bank with three branches. According to the company, First Resource Bank remains a locally owned Pennsylvania state-chartered bank serving the Delaware Valley.

Where can investors find more information about First Resource Bancorp (FRSB) and the dividend?

Investors can visit the company website at www.firstresourcebank.com for details. According to the company, additional corporate information and investor resources are available on its website.

Is First Resource Bancorp (FRSB) listed on a major exchange and how might that affect shareholders?

First Resource Bancorp trades on OTCQX under the symbol FRSB, which may imply lower trading liquidity than major exchanges. According to the company, the stock is quoted on the OTCQX market.