BNET Industries

Market Cap:$15.1M
Last Fiscal Year Sales:$81.6M
  • Public
  • US
Dow Jones Description

Royal was founded in 1963 as the Bank of King of Prussia to serve the local community. At that time, King of Prussia was a combination farming and residential community. Local residents grew fond of the personal service of the bank, referred their friends, and the bank grew. In 1980 the management of the bank changed, and shortly thereafter, the bank was renamed Royal Bank of Pennsylvania in recognition of our broader service area. Our bank grew to offices in the greater Valley Forge area, Narberth, Philadelphia and Jenkintown. In 2004 the bank changed names to Royal Bank America. Today Royal encompasses fifteen full-service branch offices throughout southeastern Pennsylvania and New Jersey under the name Royal Bank America and five locations throughout southeastern Pennsylvania, Northern New Jersey and New York City under the name Royal Asian Bank. Together, Royal Bank America and Royal Asian Bank offer a wide variety of products and services including high-yielding CDs & MMAs, free checking solutions and Internet Banking tools such as BillPay and eStatements. As the region's premier commercial real estate lender, a reputation earned over the course of 40+ years of innovative and aggressive financing, Royal has played a lead role in the redevelopment and growth of our communities.

Chief Executive Officer, Chairman of The Board, President, Chief Operating Officer, Director
James J. McSwiggan
Number of Employees 197
Contact Information

732 Montgomery Ave

Narberth, Pennsylvania 19072

royalbankameric...

(610) 668-4700

NAICS Code Commercial Banking: 522110

Recent Events

  • Royal Bancshares to sell Royal Asian Bank to group led by Royal Asian president

    9/25/09 - Merger / Acquisition - View Story

  • Royal Bancshares’ 2Q loss soars

    8/14/09 - Financial Announcement - View Story

  • Royal Banchares loses $7M in 1Q

    5/16/09 - Financial Announcement - View Story

Decision Makers

Name (plus bio) Position
Albert Ominsky President, Ominsky & Ominsky, PC
Daniel M. Tabas President, Rome Enterprises, Trustee
Gregory T. Reardon President, The Reardon Group of Companies
Douglas J.R. Smith Executive Vice President & Chief Credit Officer
Gregg J Wagner Chief Financial Officer
Jeffrey T. Hanuscin CFO
Michael Thompson Chief Accounting Officer, Senior Vice President
Robert A Kuehl Chief Financial Officer
Marc Sanders Director, Marketing

Board of Directors

Name (plus bio) Position
James J. McSwiggan Chief Executive Officer, Chairman of The Board, President, Chief Operating Officer, Director
Robert R. Tabas Chairman of The Board, Chief Executive Officer
Edward B. Tepper Chairman, Tepper Properties
Edward F. Bradley Chairman
Albert Ominsksy Board of Directors
Anthony J Micaie Board of Directors
Anthony J. Micale Board of Directors
Carl M. Cousins Vice Chairman of The Board, Director
Evelyn Rome Tabas Board of Directors
Howard Wurzak Board of Directors
John M. Decker Board of Directors
Joseph P. Campbell Board of Directors
Lane Duck Hollow Board of Directors
Lane Mulberry Board of Directors
Lane Robinson Board of Directors
Linda Tabas Stempel Board of Directors
Mitchell L. Morgan Board of Directors
Murray Stempel Vice Chairman
Robert A. Richards Board of Directors
Samuel M. Goldstein Board of Directors

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Chief Executive Officer, Chairman of The Board, President, Chief Operating Officer, Director Current
Royal Bancshares of Pennsylvania, Inc. Chief Operating Officer Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current
Royal Bancshares of Pennsylvania, Inc. Executive Vice President & Treasurer Former
Royal Bancshares of Pennsylvania, Inc. Principal Financial Officer Former

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Chairman of The Board, Chief Executive Officer Current
Royal Bank America Executive Vice President Current
Royal Bank America Chairman Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Former

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. President, Ominsky & Ominsky, PC Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. President, Rome Enterprises, Trustee Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Former

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. President, The Reardon Group of Companies Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Executive Vice President & Chief Credit Officer Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Chief Financial Officer Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. CFO Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current
Royal Bank America CFO Former

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Chief Accounting Officer, Senior Vice President Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Chief Financial Officer Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current
Royal Bancshares of Pennsylvania, Inc. Principal Financial Officer Former

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Director, Marketing Current
Royal Bancshares of Pennsylvania, Inc. Director, Marketing Former

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Chairman, Tepper Properties Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Former

Edward F. Bradley CPA, is a Director of the Corporation, and is currently a professor at Philadelphia University. He was previously at Grant Thornton, a public accounting firm in Philadelphia, Pennsylvania. He was recommended as a director for the Corporation by the Company s internal audit firm.

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Chairman Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Former

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Vice Chairman of The Board, Director Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Whiteweld & Company Managing Partner Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current
Whiteweld & Company Board of Directors Current
Royal Bank America CEO Former
Royal Bancshares of Pennsylvania, Inc. Executive Vice President Former
Royal Bank America Senior Vice President Former
Temple University Masters Degrees Former

Organization Position Status
Royal Bank America President & CEO Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current
Royal Bancshares of Pennsylvania, Inc. President, CEO of Royal Bancshares of Pennsylvania, Inc. Regarding Quarterly Results Former
Royal Bancshares of Pennsylvania, Inc. Class I Director Former

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Linda Tabas Stempel is a Director of the Corporation, and is Director of Investor Relations for the Corporation. She is the daughter of Evelyn R. Tabas, the wife of Murray Stempel, III, the sister of Robert R. Tabas and the sister-in-law of Howard Wurzak. Murray Stempel, III is an Executive Vice President of Royal Bank America and a Director of the Corporation. Mr. Stempel is the son-in-law of Evelyn R. Tabas, the husband of Linda Tabas Stempel and the brother-in-law of Robert R. Tabas and Howard Wurzak.

Organization Position Status
Royal Bank America Executive Vice President Current
Utu Local 1790 Director of the Corporation Current
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Ms. Stempel disclaims beneficial interest in, and therefore the amount in the table above does not include, 249,650 Class A and 82,919 Class B shares held in the Linda Tabas Stempel Trust since she does not have voting or dispositive power over the shares.

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Vice Chairman Current
Royal Bancshares of Pennsylvania, Inc. Chief Lending Officer Former
Royal Bancshares of Pennsylvania, Inc. Executive Vice President Former

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Organization Position Status
Royal Bancshares of Pennsylvania, Inc. Board of Directors Current

Executive News

  • Royal Banchares loses $7M in 1Q

    Examiner.com - 5/16/09 - View Story

  • Royal Bancshares of Pennsylvania: Royal Bancshares of Pennsylvania, Inc. Reports First Quarter Results; Notes $21 Million in Loan Growth

    Market Wire - 5/15/09 - View Story

  • Royal Bancshares of Pennsylvania, Inc. Reports First Quarter

    Market Wire via MSN Money - 5/15/09 - View Story

  • Royal Bancshares of Pennsylvania, Inc. Reports First Quarter Results; Notes $21 Million in Loan Growth

    Yahoo! Canada - 5/15/09 - View Story

  • Royal Bancshares of Pennsylvania, Inc. Reports First Quarter Results; Notes $21 Million in Loan Growth

    Street Insider - 5/15/09 - View Story

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     RBPAA $1.40 +0.15 (12.00% )
Average Volume 5,978
Shares Outstanding 11.35M
Market Cap 15.9M
Year High 5.31
Year Low 1.01
Earnings Per Share -4.43
P/E Ratio -0.32
Dividend N/A
Yield N/A
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