financials at republic bank

Statement of Condition

We recognize the importance of being a fiscally sound bank, especially in this current economic environment. With $266 million in capital strength and a capital-to-asset ratio over 10.527%, we exceed the federal definition for a “well capitalized” bank.

Statement of Condition | December 31, 2021

AssetsDollars (in Thousands)*
Cash & Cash Equivalent514,655
Investments — Securities456,646
Loans, net1,458,519
Premises & Equipment65,116
Other Assets31,177
Total Assets 2,526,113
 
Liabilities & Shareholder’s EquityDollars (in Thousands)*
Deposits2,120,601
Borrowed Funds120,000
Other Liabilities19,640
Total Liabilities
2,260,241
Equity265,872
Total Liabilities & Shareholder’s Equity
2,526,113

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:

December 31, 2021

“Adequately Capitalized”

“Well Capitalized”

Republic Bank

Total Capital Ratio

8.00%

10.00%

16.017%

Tier 1 Capital

6.00%

8.00%

14.777%

Total Common Equity

4.50%

6.50%

14.777%

Tier 1 Leverage Ratio

4.00%

5.00%

10.517%

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.

*This statement has not been reviewed, or confirmed for accuracy or relevance, by the Federal Deposit Insurance Corporation (FDIC).