SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549
                            -------------------------

                                  SCHEDULE 13G
                                 (Rule 13d-102)

                    INFORMATION TO BE INCLUDED IN STATEMENTS
                  FILED PURSUANT TO RULES 13d-1(b), (c) AND (d)
                AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b)
                               (Amendment No. )(1)

                          Republic First Bancorp, Inc.

                                (Name of Issuer)

                          Common Stock, .01 par value
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                         (Title of Class of Securities)

                                    760416107
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                                 (CUSIP NUMBER)



             (Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                  / /   Rule 13d-1(b)
                  /X/   Rule 13d-1(c)
                  / /   Rule 13d-1(d)


_____________________

(1)  The  remainder  of this  cover  page  shall be filled  out for a  reporting
     person's  initial  filing on this form with respect to the subject class of
     securities,  and for any subsequent amendment containing  information which
     would alter disclosures provided in a prior cover page.

     The  information  required on the remainder of this cover page shall not be
     deemed to be  "filed"  for the  purpose  of  Section  18 of the  Securities
     Exchange  Act of 1934  or  otherwise  subject  to the  liabilities  of that
     section of the Act but shall be subject to all other  provisions of the Act
     (however, see the Notes).






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  NAME OF REPORTING PERSONS: Harry Madonna
  I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
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  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                            (A)
                                            (B)
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  SEC USE ONLY

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  CITIZENSHIP OR PLACE OF ORGANIZATION

     United States Citizen

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    NUMBER OF          SOLE VOTING POWER                                 609,406
      SHARES
   BENEFICIALLY
     OWNED BY
       EACH
     REPORTING
   PERSON WITH
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                       SHARED VOTING POWER                                18,161

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                       SOLE DISPOSITIVE POWER                            609,406

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                       SHARED DISPOSITIVE POWER                           18,161

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   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


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   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
   CERTAIN SHARES*
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   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

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   TYPE OF REPORTING PERSON*                                                  IN

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                      *SEE INSTRUCTION BEFORE FILLING OUT!


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Item 1(a).        Name of Issuer:

                           Republic First Bancorp, Inc.

Item 1(b).        Address of Issuer's Principal Executive Offices:

                           1608 Walnut Street
                           Suite 1000
                           Philadelphia, PA 19103

Item 2(a).        Name of Persons Filing:

                           Harry D. Madonna

Item 2(b).        Address of Principal Business Office or, if None, Residence:

                           1608 Walnut Street
                           Suite 1000
                           Philadelphia, PA 19103


                      The principal business address of the Reporting Person is:


Item 2(c).        Citizenship:  United States Citizen
States.

Item 2(d).        Title of Class of Securities: Common Stock

Item 2(e).        CUSIP Number: 760416107


                                      -3-


Item 3.           If this statement is filed pursuant to Rule 13d-1(b),
                  or 13d-2(b) or (c), check whether the
                  person filing is a:

                      (a)       [ ] Broker or dealer registered under
                                    Section 15 of the Exchange Act;

                      (b)       [ ] Bank as defined in Section 3(a)(6) of
                                    the Exchange Act;

                      (c)       [ ] Insurance Company as defined in Section
                                    3(a)(19) of the Exchange Act;

                      (d)       [ ] Investment Company registered under
                                    Section 8 of the Investment Company Exchange
                                    Act;

                      (e)       [ ] Investment Adviser in accordance with
                                    Rule 13d-1(b)(1)(ii)(E);

                      (f)       [ ] Employee Benefit Plan or Endowment Fund
                                    in accordance with Rule 13d-1(b)(1)(ii)(F);

                      (g)       [ ] Parent Holding Company or Control Person
                                    in accordance with Rule 13d-1(b)(1)(ii)(G);

                      (h)       [ ] Saving Association as defined in Section
                                    3(b) of The Federal Deposit Insurance Act;

                      (i)       [ ] Church Plan that is excluded from the
                                    definition of an Investment Company under
                                    Section 3(c)(14) of the Investment Company
                                    Act;

                      (j)       [ ] Group, in accordance with Rule
                                    13d-1(b)(1)(ii)(J).

Item 4.           Ownership.

                  A.

(a) Amount beneficially owned: 627,567
(b) Percent of Class: 6.06%
(c) Number of shares as to which such person has:

          (i) Sole power to vote or direct the vote: 609,406
          (ii) Shared power to vote or to direct the vote: 18,161
          (iii)Sole power to dispose or direct the disposition of: 609,406
          (iv) Shared power to dispose or to direct the disposition of: 18,161



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Item 5. Ownership of Five Percent or Less of a Class. Not Applicable.

                 If this statement is being filed to report the fact
                 that as of the date hereof the reporting person has
                 ceased to be the beneficial owner of more than five
                 percent of the class of securities, check the
                 following: [ ]

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

                 Not Applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the
        Security Being Reported on by the Parent Holding Company.

                 Not Applicable

Item 8. Identification and Classification of Members of the Group.

                 Not Applicable

Item 9. Notice of Dissolution of Group.

                 Not Applicable


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Item 10. Certification.

         By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.


                                    SIGNATURE


         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated:  August 10, 2006

                                               /s/ Harry D. Madonna
                                               --------------------
                                               Harry D. Madonna



     Attention:  Intentional  misstatements  or  omissions  of  fact  constitute
Federal criminal violations (see 18 U.S.C. 1001).


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