On July 31, Republic First Bancorp, Inc. ("Republic First") and Metro Bancorp, Inc., formerly known as Pennsylvania Commerce Bancorp, Inc. ("Metro") entered into a First Amendment to Agreement and Plan of Merger, amending the November 7, 2008 Agreement and Plan of Merger between the parties. The First Amendment extends a contractual deadline for the completion of the merger of Republic First into Metro until October 31, 2009, and provides each party with a right to further extend the contractual deadline in the event that all required regulatory approvals for the merger have not been obtained by September 30, 2009.

The foregoing description of the First Amendment does not purport to be complete and is qualified in its entirety by reference to the First Amendment, which is filed as Exhibit 2.2 hereto, and is incorporated into this report by reference.

The following exhibits are filed with this Form 8-K:

Exhibit No.    Description

  2.2            First Amendment to Agreement and
               Plan of Merger, dated as of July 31,
               2009, between Metro Bancorp, Inc.,
               formerly known as Pennsylvania
               Commerce Bancorp, Inc., and Republic
               First Bancorp, Inc.