Financials

We recognize the importance of being a fiscally sound bank, especially in this current economic environment. With $192.5 million in capital strength and a capital-to-asset ratio over 9.69%, we exceed the federal definition for a “well capitalized” bank.

 

Statement of Condition

April 30, 2018

Assets Dollars (in Thousands)*
Cash & Cash Equivalent 242,409
Investments — Securities 257,403
Loans, net 1,375,170
Premises & Equipment 61,496
Other Assets 51,130
Total Assets  1,987,608
Liabilities & Shareholder’s Equity Dollars (in Thousands)*
Deposits 1,681,686
Borrowed Funds 83,000
Other Liabilities 30,413
Total Liabilities
1,795,099
Equity 192,509
Total Liabilities & Shareholder’s Equity
1,987,608
*This statement has not been reviewed, or confirmed for accuracy or relevance, by the Federal Deposit Insurance Corporation (FDIC).

Capitalization

Republic Bank of Chicago is pleased to present these facts concerning the capital structure of our bank. A “Well Capitalized” financial institution, as defined by the FDIC, is an institution that meets the following guidelines:
April 30, 2018 “Adequately Capitalized” “Well Capitalized” Republic Bank
Total Capital Ratio 8.00% 10.00% 12.54%
Tier 1 Capital 6.00% 8.00% 11.34%
Total Common Equity Tier 1 4.50% 6.50% 11.34%
Tier 1 Leverage Ratio 4.00% 5.00% 9.95%

Republic Bank of Chicago is proud of these ratios, confirming our status as one of the most “Well Capitalized” banks in the Midwest. The extraordinary capital structure fuels the strong growth and continued independence of Republic Bank of Chicago. To our existing customers, we extend our gratitude for allowing us to be their financial institution of choice. To our prospective customers, we challenge you to experience the benefits that our strong capital, independence, and focused banking expertise can bring to your next project.