The proposed merger of two Pennsylvania companies with ties to Vernon W. Hill 2nd has been touted as the second coming of Commerce Bank.

But more than nine months after Pennsylvania Commerce Bancorp Inc. in Harrisburg agreed to buy Republic First Bancorp Inc. in Philadelphia, regulators have yet to bless the deal. The former Pennsylvania Commerce, which recently renamed itself Metro Bancorp Inc., and Republic First have not given a reason for the delay. Neither company would discuss the matter.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.