Statement of Condition
We recognize the importance of being a fiscally sound bank, especially in this current economic environment. With $280 million in capital strength and a capital-to-asset ratio of 10.423%, we exceed the federal definition for a “well capitalized” bank.
Statement of Condition | June 30, 2023
|Assets||Dollars (in Thousands)*|
|Cash & Cash Equivalent||273,644|
|Investments — Securities||661,725|
|Premises & Equipment||63,937|
|Liabilities & Shareholder’s Equity||Dollars (in Thousands)*|
|Total Liabilities & Shareholder’s Equity||2,681,738|
June 30, 2023
Total Capital Ratio
Tier 1 Capital
Total Common Equity
Tier 1 Leverage Ratio
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 your 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).