Federal Deposit Insurance Corporation (FDIC) is in talks with potential buyers for Republic First Bancorp, Inc. (OTCPK:FRBK), Bloomberg News reported on April 24, 2024, citing people with knowledge of the matter. The lender struck a deal with an investor group that included veteran businessman George Norcross, high-profile attorney Philip Norcross late last year, but the deal was terminated in February. The regulator is seeking bids for the Philadelphia regional bank, Bloomberg News reported, citing the people.

Republic First did not immediately respond to Reuters' request for a comment. FDIC declined to comment. Republic First shares were delisted from the Nasdaq in August and now trade over the counter.