Financials

We recognize the importance of being a fiscally sound bank, especially in this current economic environment. With $200.0 million in capital strength and a capital-to-asset ratio over 10.6%, we exceed the federal definition for a “well capitalized” bank.

 

Statement of Condition

August 31, 2017

Assets Dollars (in Thousands)*
Cash & Cash Equivalent 206,454
Investments — Securities 527,343
Loans, net 1,305,847
Premises & Equipment 63,336
Other Assets 46,449
Total Assets  1,879,429
Liabilities & Shareholder’s Equity Dollars (in Thousands)*
Deposits 1,549,697
Borrowed Funds 120,500
Other Liabilities 9,183
Total Liabilities
1,679,380
Equity 200,049
Total Liabilities & Shareholder’s Equity
1,879,429
*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:
August 31, 2017 “Adequately Capitalized” “Well Capitalized” Republic Bank
Total Capital Ratio 8.00% 10.00% 13.62%
Tier 1 Capital 6.00% 8.00% 12.37%
Total Common Equity Tier 1 4.50% 6.50% 12.37%
Tier 1 Leverage Ratio 4.00% 5.00% 10.88%

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.