XML 113 R98.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 16 - Stock Based Compensation (Details Textual) - USD ($)
12 Months Ended
Apr. 29, 2014
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross   916,000 661,750 505,200  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate [1]   0.00% 0.00% 0.00%  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares   529,624      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number   3,005,825 2,332,900 1,947,725 1,495,899
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number   1,346,723 1,049,674 772,949  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period   45,100 50,300 31,874  
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options   $ 2,508,314 $ 1,104,424 $ 873,714  
The 2014 Republic First Bancorp, Inc. Equity Incentive Plan [Member]          
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant   6,000,000      
Minimum Percentage of Outstanding Shares as Annual Adjustment 10.00%        
Employee Stock Option [Member]          
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period   10 years      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares   529,624 519,050 349,062  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number   3,005,825      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value   $ 10,400,000      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number   1,346,723      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value   $ 6,600,000      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period   45,100      
Share Based Compensation Arrangement by Share Based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value Amount   $ 159,000      
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options   $ 2,500,000      
Employee Stock Option [Member] | Minimum [Member]          
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period   1 year      
Fair Value Assumptions, Expected Volatility Rate, Term Calculation   5 years 182 days      
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Term Calculation   5 years      
Employee Stock Option [Member] | Maximum [Member]          
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period   4 years      
Fair Value Assumptions, Expected Volatility Rate, Term Calculation   7 years      
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Term Calculation   7 years      
Employee Stock Option [Member] | Stock Options and Restricted Stock Plan [Member]          
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant   1,500,000      
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period   10 years      
Employee Stock Option [Member] | Stock Options and Restricted Stock Plan [Member] | Minimum [Member]          
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period   1 year      
Employee Stock Option [Member] | Stock Options and Restricted Stock Plan [Member] | Maximum [Member]          
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period   4 years      
Employee Stock Option [Member] | The 2014 Republic First Bancorp, Inc. Equity Incentive Plan [Member]          
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant 2,600,000 6,000,000      
Minimum Percentage of Outstanding Shares as Annual Adjustment 10.00%        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross   916,000      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value, Aggregate   $ 3,228,972      
[1] A dividend yield of 0.0% is utilized because cash dividends have never been paid.