Financials

We recognize the importance of being a fiscally sound bank, especially in this current economic environment. With $202 million in capital strength and a capital-to-asset ratio over 12%, we exceed the federal definition for a “well capitalized” bank.

 

Statement of Condition

December 31, 2016

Assets Dollars (in Thousands)*
Cash & Cash Equivalent 171,229
Investments — Securities 236,233
Loans, net 1,293,993
Premises & Equipment 64,630
Other Assets 58,504
Total Assets  1,824,589
Liabilities & Shareholder’s Equity Dollars (in Thousands)*
Deposits 1,457,575
Borrowed Funds 169,000
Other Liabilities 8,405
Total Liabilities & Shareholder’s Equity 1,634,980
Equity 189,609
Total Liabilities & Shareholder’s Equity 1,824,589
*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:
June 30, 2016 “Adequately Capitalized” “Well Capitalized” Republic Bank
Total Capital Ratio 8.00% 10.00% 13.05%
Tier 1 Capital 6.00% 8.00% 11.97%
Total Common Equity Tier 1 4.50% 6.50% 11.97%
Tier 1 Leverage Ratio 4.00% 5.00% 10.76%

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.