Republic Bank

Republic Bank is headquartered in Louisville and is the 2^nd largest bank in the state of Kentucky. It is also the 241^st largest bank in the nation. It was established in 1982 and as of September of 2011, it had grown to 688 employees at 37 locations. Republic Bank has a 5-star health rating.

Related Posts

Republic Bank Checking Account Rates

Republic Bank Savings Account Rates

Republic Bank Money Market Rates

Republic Bank CD Rates

Republic Bank IRA Rates

Data for Q3 2011

Republic Bank consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

23627 - Republic Bank & Trust Company
35344 - Republic Bank

Institution Statistics Republic Bank & Trust Company OTS # 16422 FDIC Certificate # 23627 BankRate Report View Year Established 1982 Employees 688 Primary Regulator FDIC Assets and Liabilities Assets $2.98 billion Loans $2.12 billion Deposits $1.75 billion Equity Capital $406.92 million Loan Loss Allowance $22.04 million Unbacked Noncurrent Loans $21.71 million Real Estate Owned $10.19 million Historic Data - September 2010 Assets $2.93 billion Equity Capital $347.12 million Loan Loss Allowance $22.55 million Unbacked Noncurrent Loans $34.04 million Real Estate Owned $4.44 million Profit Margin - Quarterly Net Interest Margin 6.05% Return on Assets 3.7% Return on Equity 30.47% Interest Income $158.06 million

Institution Health Overall Score: 5 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 September 30, 2011 Republic Bank had $31.9 million in non-current loans and owned real-estate with $428.96 million in equity and loan loss allowances on hand to cover it. This gives Republic Bank a Texas Ratio of 7.44% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Republic Bank decreased slightly from 10.41% as of September 30, 2010 to 7.44% as of September 30, 2011, resulting in a positive change of 28.57%.This indicates that the balance sheet and financial strength for Republic Bank has improved slightly in recent periods. Deposit Growth In the past year, Republic Bank has increased its total deposits by $88.42 million, resulting in 5.31% 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 has shown is excellent. 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 has $2.98 billion in assets with $428.96 million in equity, resulting in a capitalization level of 14.40%, which is excellent.