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Capital Offerings Profile
Company NameRoyal Bancshares of Pennsylvania, Inc.
Offering TypeCommon Stock - Subscription Rights Offering
DescriptionClass A Common Stock
ISINUS7800811058
Currency of IssueUSD
 
Announcement Date9/4/2013
Expected Completion8/8/2014
Completion Date8/8/2014
 
144a?No
Mandatory Redemption?No
Convertible?No
Exchange for Existing Issue?No

Use of Proceeds
The company intends to use the net proceeds from this offering for purchase TARP shares in the auction if any of the bids to purchase TARP shares in the auction is successful. The company will use a portion of the net proceeds to increase its liquidity and capital. No more than $4,000,000 of the net proceeds from this offering will be used to purchase TARP shares in the auction. The company intends to retain approximately $2,000,000 of the net proceeds of the offering to increase its capital and liquidity at the bank holding company level.

Pricing
Offer Price ($)1.20
Gross Amount Offered ($000)6,000
Amount Including Overallotment ($000)6,000
Shares Offered4,999,896
Total Shares Offered4,999,896

Professionals
Issuer's CounselStevens & Lee, P.C.
Auditor(s)ParenteBeard LLC
Clearing House(s)Depository Trust Company

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