FIRST RESOURCE BANCORP, INC. COMPLETES $8 MILLION SUBORDINATED DEBT OFFERING

EXTON, Pa., Dec. 16, 2025 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB) announced the completion of its $8 million subordinated notes offering. Proceeds from the private placement of the notes will be utilized to contribute capital to First Resource Bank supporting anticipated growth and ongoing operations and to retire $6 million of existing subordinated debt at First Resource Bank. The new notes have a maturity date of December 15, 2035 and carry a fixed interest rate of 6.00%. The notes may ...