An investment firm in North Carolina has raised its stake in Republic First Bancorp (FRBK) in Philadelphia.

Schaller Equity Partners in Winston-Salem disclosed in a regulatory filing Tuesday that it owns roughly 2.6 million shares, or 9.9%, of the $943 million-asset company's common stock. Schaller's holdings have increased by nearly 11,000 shares since its last filing on Feb. 4.

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