United Republic Bank

United Republic Bank is headquartered in Elkhorn and is the 119^st largest bank in the state of Nebraska. It is also the 5,728^th largest bank in the nation. It was established in 2006 and as of March of 2012, it had grown to 18 employees at 1 location. United Republic Bank's money market rates are 2X the national average, and it boasts a 5-star health rating.

United Republic Bank Routing Number: 104014109

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Data for Q1 2012

Institution Statistics United Republic Bank FDIC Certificate # 58359 BankRate Report View Year Established 2006 Employees 18 Primary Regulator FDIC Assets and Liabilities Assets $71.62 million Loans $54.65 million Deposits $61.62 million Equity Capital $9.83 million Loan Loss Allowance $703,000 Real Estate Owned $2.20 million Historic Data - March 2011 Assets $58.37 million Equity Capital $9.45 million Loan Loss Allowance $529,000 Real Estate Owned $2.60 million Profit Margin - Quarterly Net Interest Margin 4.56% Return on Assets 0.72% Return on Equity 5.29% Interest Income $862,000

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 March 31, 2012 United Republic Bank had $2.2 million in non-current loans and owned real-estate with $10.53 million in equity and loan loss allowances on hand to cover it. This gives United Republic Bank a Texas Ratio of 20.92% 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 United Republic Bank decreased significantly from 41.36% as of March 31, 2011 to 20.92% as of March 31, 2012, resulting in a positive change of 49.41%.This indicates that the balance sheet and financial strength for United Republic Bank has improved significantly in recent periods. Deposit Growth In the past year, United Republic Bank has increased its total deposits by $12.85 million, resulting in 26.35% 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 United 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. United Republic Bank has $71.62 million in assets with $10.53 million in equity, resulting in a capitalization level of 14.70%, which is excellent.

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