First Bank logo FRBA - First Bank

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| PRICE TARGET: $19.67 DETAILS
HIGH: $20.00
LOW: $19.00
MEDIAN: $20.00
CONSENSUS: $19.67
UPSIDE: 4.27%

About First Bank (https://www.myfirstbank.com)

First Bank offers a comprehensive array of financial products and services tailored for individuals, businesses, and governmental bodies. Its diverse deposit options encompass non-interest and interest-bearing demand accounts, money market and savings accounts, certificates of deposit, and specialized commercial checking solutions. For lending needs, the bank provides commercial and industrial financing; a wide variety of commercial real estate loans, including those for owner-occupied properties, investors, construction projects, and multi-family dwellings; residential real estate loans such as mortgages, first and second lien home equity loans, and revolving credit lines; and consumer loans for vehicles, personal use, and traditional installment plans. Beyond these core offerings, the institution supports modern digital banking through internet and mobile platforms, electronic bill payment, and banking by phone. Additional services include ATM and debit card provision, wire and ACH transfers, remote deposit capture, and robust cash management solutions. As of December 31, 2021, First Bank operated 18 full-service branches situated across various counties in New Jersey (Cinnaminson, Cranbury, Delanco, Denville, Ewing, Flemington, Hamilton, Lawrence, Mercerville, Pennington, Randolph, Somerset, and Williamstown) and Pennsylvania (Doylestown, Trevose, Warminster, and West Chester). Founded in 2007, the company maintains its corporate headquarters in Hamilton, New Jersey.

Key Executives

NAME TITLE DOB SALARY
Patrick L. Ryan President, Chief Executive Officer & Director 1976 $1,144,537 USD
Peter J. Cahill Executive Vice President & Chief Lending Officer 1957 $525,565 USD
Andrew L. Hibshman Executive Vice President, Treasurer & Chief Financial Officer 1982 $512,481 USD
Christopher J. Ewing Executive Vice President & Chief Operating Officer 1960 $455,994 USD
Darleen R. Gillespie EVP & Chief Retail Banking Officer 1969 $371,653 USD
Stephen F. Carman First Senior Vice President & Senior Accounting Officer 1957 $306,649 USD
Kimberly Cerasi First Senior Vice President & Director of Human Resources
Michael Cook Senior Vice President & Manager Investor Real Estate
Parwinder S. Virk First Senior Vice President & Chief Accounting Officer
Sarah Pearson FVP, Chief Compliance & CRA Officer
Scott W. Senior Vice President & Market Executive

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