Institution Statistics
| Republic Bank, Inc. | | FDIC Certificate # | 22618 | | BankRate Report | View | | Year Established | 1978 | | Employees | 70 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $296.14 million | | Loans | $257.82 million | | Deposits | $247.02 million | | Equity Capital | $29.22 million | | Loan Loss Allowance | $3.36 million | | Unbacked Noncurrent Loans | $5.19 million | | Real Estate Owned | $3.59 million |
Historic Data - March 2011 | | Assets | $298.64 million | | Equity Capital | $26.88 million | | Loan Loss Allowance | $3.88 million | | Unbacked Noncurrent Loans | $4.20 million | | Real Estate Owned | $4.10 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.24% | | Return on Assets | 1.14% | | Return on Equity | 12.11% | | Interest Income | $3.61 million |
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Institution Health
Overall Score:
3 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Republic Bank, Inc. had $8.78 million in non-current loans and owned real-estate with $32.58 million in equity and loan loss allowances on hand to cover it. This gives Republic Bank, Inc. a Texas Ratio of 26.94% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend | | | The Texas Ratio for Republic Bank, Inc. held steady from 25.01% as of March 31, 2011 to 26.94% as of March 31, 2012, resulting in a negative change of 7.73%. This indicates that the balance sheet and financial strength for Republic Bank, Inc. has held steady in recent periods. | | Deposit Growth | | | In the past year, Republic Bank, Inc. has decreased its total deposits by -$1.97 million, resulting in -0.79% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Republic Bank, Inc. has shown is average. | | Capitalization |  | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Republic Bank, Inc. has $296.14 million in assets with $32.58 million in equity, resulting in a capitalization level of 11.00%, which is above average. |
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