First Bank Management
Management criteria checks 4/4
First Bank's CEO is Pat Ryan, appointed in Jan 2013, has a tenure of 13.5 years. total yearly compensation is $1.54M, comprised of 47.2% salary and 52.8% bonuses, including company stock and options. directly owns 1.73% of the company’s shares, worth $7.46M. The average tenure of the management team and the board of directors is 7.6 years and 9.3 years respectively.
Key information
Pat Ryan
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 47.17% |
| CEO tenure | 13.5yrs |
| CEO ownership | 1.7% |
| Management average tenure | 7.6yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
First Bank's (NASDAQ:FRBA) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of First Bank ( NASDAQ:FRBA ) has announced that it will be paying its dividend of $0.09 on the 20th of...First Bank (NASDAQ:FRBA) Has Affirmed Its Dividend Of $0.06
The board of First Bank ( NASDAQ:FRBA ) has announced that it will pay a dividend on the 22nd of August, with investors...Analyst Estimates: Here's What Brokers Think Of First Bank (NASDAQ:FRBA) After Its First-Quarter Report
It's been a good week for First Bank ( NASDAQ:FRBA ) shareholders, because the company has just released its latest...First Bank (NASDAQ:FRBA) Is Paying Out A Dividend Of $0.06
First Bank ( NASDAQ:FRBA ) will pay a dividend of $0.06 on the 22nd of November. This means the annual payment will be...
Diversifying Loan Portfolio And Optimizing Deposit Costs Set To Drive Bank's Profitability Surge
Diversifying loan portfolios with a focus on specialized lending and relationship-based banking enhances revenue and reduces risk.First Bank (NASDAQ:FRBA) Will Pay A Dividend Of $0.06
The board of First Bank ( NASDAQ:FRBA ) has announced that it will pay a dividend on the 24th of May, with investors...First Bank's (NASDAQ:FRBA) Dividend Will Be $0.06
First Bank ( NASDAQ:FRBA ) will pay a dividend of $0.06 on the 23rd of February. This payment means the dividend yield...First Bank's (NASDAQ:FRBA) Dividend Will Be $0.06
First Bank ( NASDAQ:FRBA ) has announced that it will pay a dividend of $0.06 per share on the 24th of November. This...First Bank (NASDAQ:FRBA) Will Pay A Dividend Of $0.06
First Bank ( NASDAQ:FRBA ) will pay a dividend of $0.06 on the 25th of August. This means the annual payment will be...First Bank (NASDAQ:FRBA) Is Paying Out A Dividend Of $0.06
The board of First Bank ( NASDAQ:FRBA ) has announced that it will pay a dividend on the 26th of May, with investors...Earnings Miss: First Bank Missed EPS By 5.3% And Analysts Are Revising Their Forecasts
The analyst might have been a bit too bullish on First Bank ( NASDAQ:FRBA ), given that the company fell short of...First Bank (NASDAQ:FRBA) Is Due To Pay A Dividend Of $0.06
First Bank ( NASDAQ:FRBA ) will pay a dividend of $0.06 on the 24th of February. This payment means the dividend yield...First Bank goes ex dividend tomorrow
First Bank (NASDAQ:FRBA) has declared $0.06/share quarterly dividend, in line with previous. Payable Aug. 26; for shareholders of record Aug. 12; ex-div Aug. 11. See FRBA Dividend Scorecard, Yield Chart, & Dividend Growth.First Bank GAAP EPS of $0.45 beats by $0.02, revenue of $24.37M beats by $0.64M
First Bank press release (NASDAQ:FRBA): Q2 GAAP EPS of $0.45 beats by $0.02. Revenue of $24.37M (+11.8% Y/Y) beats by $0.64M. Total loans of $2.22 billion on June 30, 2022, reflected growth of $68.5 million, or 3.2%, from the end of the first quarter of 2022 and were up $108.2 million, or 5.1%, from December 31, 2021. Loan growth, excluding the decline in Paycheck Protection Program (PPP) loans, totaled $84.0 million in the second quarter of 2022, representing a 15.8% annualized increase. Total deposits of $2.17 billion on June 30, 2022, were down $12.7 million, or 0.6%, from the end of the linked first quarter and up $50.6 million, or 2.4%, from December 31, 2021. Asset quality metrics remained solid during the quarter, with annualized net charge offs to average loans of 0.07% and nonperforming loans to total loans of 0.57% as of June 30, 2022, compared to 0.62% on December 31, 2021, and 0.59% on March 31, 2022.First Bank: Strong Earnings And Cheap Valuation, The Perfect Investment Combination
Solid expense management is the driving force behind the recent profitability improvement. The steeply discounted price, relative to peers, sets the stage for noteworthy outperformance. Good core loan growth likely results in sustainable market share gains.First Bank (NASDAQ:FRBA) Will Pay A Dividend Of US$0.03
The board of First Bank ( NASDAQ:FRBA ) has announced that it will pay a dividend on the 20th of August, with investors...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$42m |
| Dec 31 2025 | US$2m | US$728k | US$44m |
| Sep 30 2025 | n/a | n/a | US$42m |
| Jun 30 2025 | n/a | n/a | US$38m |
| Mar 31 2025 | n/a | n/a | US$39m |
| Dec 31 2024 | US$1m | US$700k | US$42m |
| Sep 30 2024 | n/a | n/a | US$40m |
| Jun 30 2024 | n/a | n/a | US$31m |
| Mar 31 2024 | n/a | n/a | US$26m |
| Dec 31 2023 | US$1m | US$610k | US$21m |
| Sep 30 2023 | n/a | n/a | US$22m |
| Jun 30 2023 | n/a | n/a | US$33m |
| Mar 31 2023 | n/a | n/a | US$35m |
| Dec 31 2022 | US$1m | US$560k | US$36m |
| Sep 30 2022 | n/a | n/a | US$35m |
| Jun 30 2022 | n/a | n/a | US$34m |
| Mar 31 2022 | n/a | n/a | US$34m |
| Dec 31 2021 | US$1m | US$513k | US$35m |
| Sep 30 2021 | n/a | n/a | US$34m |
| Jun 30 2021 | n/a | n/a | US$31m |
| Mar 31 2021 | n/a | n/a | US$26m |
| Dec 31 2020 | US$884k | US$478k | US$19m |
| Sep 30 2020 | n/a | n/a | US$18m |
| Jun 30 2020 | n/a | n/a | US$14m |
| Mar 31 2020 | n/a | n/a | US$12m |
| Dec 31 2019 | US$799k | US$455k | US$13m |
Compensation vs Market: Pat's total compensation ($USD1.54M) is below average for companies of similar size in the US market ($USD2.45M).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
CEO
Pat Ryan (50 yo)
Mr. Patrick L. Ryan has been the Chief Executive Officer and President of First Bank since January 1, 2013 and has been its Director since 2008. Mr. Ryan served as Member of Community Depository Institutio...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.5yrs | US$1.54m | 1.73% $ 7.5m | |
| Executive VP | 5yrs | US$637.48k | 0.16% $ 682.2k | |
| Executive VP & COO | 1.3yrs | US$455.99k | 0.0051% $ 21.9k | |
| Executive VP & Chief Lending Officer | 17.7yrs | US$650.57k | 0.46% $ 2.0m | |
| First Senior VP & Chief Accounting Officer | 4.9yrs | no data | no data | |
| FVP, Chief Compliance & CRA Officer | 1.5yrs | no data | no data | |
| First Senior VP & Director of Human Resources | no data | no data | no data | |
| First Senior VP & Senior Accounting Officer | 4.9yrs | US$331.65k | no data | |
| Senior VP & Market Executive | 10.5yrs | no data | no data | |
| Senior VP & Manager Investor Real Estate | 10.3yrs | no data | no data | |
| First Senior VP & Northern New Jersey Regional President | 10.5yrs | no data | no data | |
| First Senior VP & Lending Group Manager | no data | no data | no data |
Experienced Management: FRBA's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 17.8yrs | US$1.54m | 1.73% $ 7.5m | |
| Independent Director | 1.7yrs | US$80.00k | 0.024% $ 105.5k | |
| Chairman of the Board | 18.5yrs | US$150.00k | 0.90% $ 3.9m | |
| Director | 15.5yrs | US$80.00k | 1.29% $ 5.6m | |
| Independent Director | 2.5yrs | US$85.00k | 0.039% $ 169.0k | |
| Independent Director | 9.3yrs | US$87.50k | 0.27% $ 1.2m | |
| Independent Director | 9.3yrs | US$85.00k | 0.26% $ 1.1m | |
| Independent Director | 6.5yrs | US$85.00k | 0.00092% $ 4.0k | |
| Independent Director | 17.8yrs | US$90.00k | 0.36% $ 1.6m | |
| Independent Director | 3yrs | US$80.00k | 0.10% $ 439.6k | |
| Independent Director | 10.5yrs | US$87.50k | 0.21% $ 914.4k |
Experienced Board: FRBA's board of directors are considered experienced (9.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/10 05:00 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Bank is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bryce Rowe | Baird |
| null null | D.A. Davidson & Co. |
| Jacob Civiello | D.A. Davidson & Co. |