Republic Bank Mortgage Rates, Fees & Info

Philadelphia, PA

LEI: 549300JNTZTF40KCOF79

Tax ID: 23-2479933

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Republic Bank is a smaller bank specializing in Home Purchase and Refi loans. Republic Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Philadelphia, Ocean City, New York, Atlantic City, and Trenton among others. We have data for 32 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Republic Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Republic Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 7.02% 12/16/24
    30 Year Conventional Purchase 5.16% 12/16/24
    30 Year Conventional Refi 5.94% 12/16/24
    30 Year Cash-out Refi 5.94% 12/16/24
    30 Year FHA Purchase 7.36% 12/16/24
    30 Year FHA Refi 7.03% 12/16/24
    30 Year VA Purchase 6.31% 12/16/24
    30 Year USDA Purchase 5.97% 12/16/24
    15 Year Conventional Purchase 6.07% 12/16/24
    15 Year Conventional Refi 5.77% 12/16/24
    15 Year Cash-out Refi 5.77% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Republic Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Republic Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    2,694

    Origination Dollar Volume (All Markets)

    $900,230,000

    Employee count

    483 Show all (12) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1,798 $531,500,000 $295,606 $3,746 3.25%
    OCEAN CITY, NJ (FHA|USDA|VA) 394 $181,990,000 $461,904 $4,256 3.08%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 244 $119,220,000 $488,607 $4,337 3.05%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 178 $42,840,000 $240,674 $3,739 3.26%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 18 $4,670,000 $259,444 $4,039 3.09%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 14 $2,790,000 $199,286 $4,505 3.02%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $2,705,000 $2,705,000 $0 3.25%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 10 $2,210,000 $221,000 $3,354 3.06%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $1,770,000 $442,500 $3,362 3.09%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $1,650,000 $412,500 $3,740 3.00%
    SALISBURY, MD-DE (FHA|USDA|VA) 3 $1,035,000 $345,000 $2,863 3.21%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $895,000 $298,333 $3,416 3.08%
    Outside of Metro Areas 2 $880,000 $440,000 $6,783 3.31%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $780,000 $390,000 $5,229 3.06%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $575,000 $575,000 $0 3.13%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $455,000 $455,000 $5,509 2.50%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $455,000 $455,000 $0 3.95%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $405,000 $405,000 $0 3.50%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $395,000 $395,000 $3,839 2.75%
    Sayre, PA (FHA|USDA|VA) 2 $380,000 $190,000 $4,713 2.56%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $365,000 $365,000 $4,149 3.25%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $285,000 $285,000 $4,595 2.50%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $285,000 $285,000 $4,158 2.38%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $265,000 $265,000 $2,670 3.50%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $265,000 $265,000 $4,192 2.75%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $255,000 $255,000 $3,093 3.00%
    READING, PA (FHA|USDA|VA) 1 $205,000 $205,000 $3,765 2.50%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,394 2.50%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,212 2.38%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $135,000 $135,000 $0 3.50%
    LANCASTER, PA (FHA|USDA|VA) 1 $105,000 $105,000 $2,959 2.88%
    Sunbury, PA (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.25%
    Republic Bank's top markets include Philadelphia, Ocean City, New York, Atlantic City, and Trenton among others.

    Their top states include:
  • New Jersey (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Republic Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The First National Bank of Long Island
    Similarity Rank: 134
    North Jersey Federal Credit Union
    Similarity Rank: 247
    Princeton Federal Credit Union
    Similarity Rank: 450
    N C P D Federal Credit Union
    Similarity Rank: 482
    MOUNTAIN MORTGAGE CORP.
    Similarity Rank: 538
    First Citizens Community Bank
    Similarity Rank: 589
    BHCU
    Similarity Rank: 625
    Prudential Bank
    Similarity Rank: 640
    TEG Federal Credit Union
    Similarity Rank: 715
    Hanover Community Bank
    Similarity Rank: 727

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,099 $796,635,000 $379,531 $3,618 3.06%
    HELOC 357 $51,295,000 $143,683 n/a 4.09%
    FHA 191 $40,235,000 $210,654 $6,135 3.15%
    VA 35 $10,165,000 $290,429 $6,616 2.83%
    USDA 12 $1,900,000 $158,333 $4,408 3.52%

    For 2020, Republic Bank's most frequently originated type of loan was Conventional, with 2,099 originations. Their 2nd most popular type was HELOC, with 357 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,222 $440,830,000 $360,745 $4,216 3.12%
    Refi 914 $331,330,000 $362,505 $3,654 2.99%
    Cash Out Refi 235 $64,765,000 $275,596 $3,915 3.10%
    Home Improvement 219 $47,525,000 $217,009 $381 4.27%
    Other 104 $15,780,000 $151,731 $2,040 4.08%

    For 2020, Republic Bank's most frequently cited loan purpose was Home Purchase, with 1,222 originations. The 2nd most popular reason was Refi, with 914 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,026 $625,620,000 $308,796 $4,161 3.20%
    15 Year 325 $78,375,000 $241,154 $2,966 2.89%
    20 Year 160 $40,640,000 $254,000 $3,657 3.35%
    Other 74 $49,130,000 $663,919 $2,915 3.32%
    5 Year 59 $72,985,000 $1,237,034 $5 4.24%
    10 Year 42 $19,950,000 $475,000 $1,861 3.60%
    1 Year 5 $6,755,000 $1,351,000 $0 4.00%
    30+ year 2 $1,590,000 $795,000 $13,707 3.63%
    3 Year 1 $5,185,000 $5,185,000 $0 3.50%

    For 2020, Republic Bank's most frequently cited loan duration was 30 Year, with 2,026 originations. The 2nd most popular length was 15 Year, with 325 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,491 $486,585,000 $326,348
    $<1k 592 $172,170,000 $290,828
    $2k-3k 76 $25,080,000 $330,000
    $3k-4k 11 $3,005,000 $273,182
    $4k-5k 7 $2,935,000 $419,286
    $5k+ 7 $2,975,000 $425,000

    Republic Bank's average total fees were $4,161, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,491 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,028 $397,880,000 $387,043
    2.5-3% 978 $320,770,000 $327,986
    <2.5% 402 $109,150,000 $271,517
    4-5% 203 $61,335,000 $302,143
    5-6% 71 $10,715,000 $150,915
    6-7% 11 $355,000 $32,273
    7-8% 1 $25,000 $25,000

    During 2020, Republic Bank's average interest rate for loans was 3.20%, while their most frequently originated rate bucket for loans was 3-4%, with 1,028 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,188 $332,860,000 $280,185 $3,954 2.97%
    $100k-200k 699 $106,995,000 $153,069 $3,368 3.17%
    $400k-600k 340 $161,510,000 $475,029 $4,663 3.01%
    $100,000 or less 267 $14,835,000 $55,562 $1,074 4.43%
    $600k-1MM 118 $86,840,000 $735,932 $4,948 3.31%
    $1MM+ 82 $197,190,000 $2,404,756 $7,023 3.50%

    2020 saw Republic Bank place emphasis on $200k-400k loans with 1,188 originations, totaling $332,860,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 621 $187,555,000 $302,021 $3,852 3.20%
    $100k-150k 559 $143,275,000 $256,306 $3,754 3.14%
    $250k+ 486 $251,020,000 $516,502 $4,539 3.29%
    $75k-100k 406 $88,950,000 $219,089 $3,857 3.13%
    $50k-75k 375 $72,095,000 $192,253 $3,800 3.12%
    $50k or less 131 $17,245,000 $131,641 $3,222 3.19%

    Republic Bank lent most frequently to those with incomes in the $150k-250k range, with 621 originations. The second most popular income band? $100k-150k, with 559 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 711 $213,995,000 $300,977 $3,817 3.17%
    30-36% 483 $144,275,000 $298,706 $3,650 3.24%
    <20% 314 $100,830,000 $321,115 $3,647 3.01%
    37% 110 $32,500,000 $295,455 $3,701 3.29%
    42% 109 $24,945,000 $228,853 $3,830 3.43%
    36% 98 $26,130,000 $266,633 $3,793 3.19%
    41% 96 $27,020,000 $281,458 $3,858 3.18%
    39% 95 $22,925,000 $241,316 $3,654 3.34%
    44% 95 $25,485,000 $268,263 $4,329 3.14%
    38% 93 $27,635,000 $297,151 $4,242 3.18%
    40% 86 $24,390,000 $283,605 $3,851 3.29%
    43% 82 $26,270,000 $320,366 $4,194 3.10%
    47% 47 $13,185,000 $280,532 $4,433 3.02%
    49% 41 $10,465,000 $255,244 $4,260 3.07%
    50-60% 41 $11,255,000 $274,512 $6,550 2.97%
    48% 38 $10,840,000 $285,263 $3,885 3.08%
    45% 35 $11,915,000 $340,429 $4,272 3.12%
    46% 33 $8,745,000 $265,000 $4,063 3.03%
    >60% 2 $460,000 $230,000 $0 4.50%

    Republic Bank lent most frequently to those with DTI ratios of 20-30%, with 711 originations. The next most common DTI ratio? 30-36%, with 483 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,348 $692,310,000 $294,851 $3,854 3.17%
    Not applicable 68 $126,850,000 $1,865,441 $0 4.20%
    Asian 105 $36,185,000 $344,619 $4,155 3.16%
    Black 92 $22,330,000 $242,717 $4,636 3.13%
    Not provided 72 $21,160,000 $293,889 $3,915 3.40%
    Other Asian 2 $540,000 $270,000 $1,974 3.15%
    Asian Indian 2 $450,000 $225,000 $2,797 3.62%
    Native Hawaiian or Islander 3 $225,000 $75,000 $1,809 4.24%
    American Indian 1 $105,000 $105,000 $0 3.50%
    Filipino 1 $75,000 $75,000 $5 3.94%

    Approval Rates

    Total approvals of all applications
    85.95%

    Republic Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.74%

    Republic Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,694 $900,230,000 $334,161

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 35 $106,255,000 $3,035,857
    Single Family (1-4 Units):Site-Built 2,659 $793,975,000 $298,599

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 213 $68,105,000 $319,742 $2,788 3.53%
    40-60% 340 $123,450,000 $363,088 $3,509 2.93%
    60-80% 956 $382,580,000 $400,188 $3,789 3.06%
    80-100% 940 $296,350,000 $315,266 $4,349 3.06%
    Over 100% 8 $3,280,000 $410,000 $11,497 2.73%
    Under 20% 237 $26,465,000 $111,667 $249 4.49%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Republic State Mortgage Co. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Republic Bank 100 William Dalton Drive Glassboro, NJ 8028 Full Service B&M $173,422
    Republic Bank 101 Laurel Oak Road Voorhees, NJ 8043 Full Service B&M $194,503
    Republic Bank 1400 Blackwood-Clementon Road Clementon, NJ 8021 Full Service B&M $64,523
    Republic Bank 1408 Old York Road Abington, PA 19001 Full Service B&M $124,261
    Republic Bank 1544 Route 38 Lumberton, NJ 8048 Full Service B&M $143,148
    Republic Bank 1601 Market Street Philadelphia, PA 19103 Full Service B&M $414,999
    Republic Bank 1601 Walnut Street Philadelphia, PA 19103 Full Service B&M $179,663
    Republic Bank 178 E Greentree Road Marlton, NJ 8053 Full Service B&M $35,437
    Republic Bank 1818 Market Street Philadelphia, PA 19103 Full Service B&M $136,725
    Republic Bank 199 New Road Somers Point, NJ 8244 Full Service B&M $59,346
    Republic Bank 2 Skeet Road Medford, NJ 8055 Full Service B&M $155,253
    Republic Bank 220 Route 73 North West Berlin, NJ 8091 Full Service B&M $96,605
    Republic Bank 230 Marter Avenue Moorestown, NJ 8057 Full Service B&M $124,075
    Republic Bank 30 Kings Highway East Haddonfield, NJ 8033 Full Service B&M $192,970
    Republic Bank 305 East Street Road Feasterville Trevose, PA 19053 Full Service B&M $22,481
    Republic Bank 331 Tilton Rd, Ste 18 Northfield, NJ 8225 Full Service B&M $20,402
    Republic Bank 35 East Wynnewood Road Wynnewood, PA 19096 Full Service B&M $134,760
    Republic Bank 399 Route 70 East Cherry Hill, NJ 8034 Full Service B&M $250,110
    Republic Bank 401 Ganttown Road Sewell, NJ 8080 Full Service B&M $111,264
    Republic Bank 421 West Germantown Pike Plymouth Meeting, PA 19462 Full Service B&M $152,731
    Republic Bank 448 East Baltimore Avenue Media, PA 19063 Full Service B&M $187,076
    Republic Bank 475 Haddonfield Road Cherry Hill, NJ 8002 Full Service B&M $121,330
    Republic Bank 50 South 16th Street, Suite 2400 Philadelphia, PA 19102 Full Service B&M $0
    Republic Bank 525 Route 73 N, Suites 100-101 Marlton, NJ 8053 Full Service B&M $0
    Republic Bank 599 S. Oxford Valley Rd Fairless Hills, PA 19030 Full Service B&M $43,070
    Republic Bank 610 Cross Keys Road, Building 400 Sicklerville, NJ 8081 Full Service B&M $32,267
    Republic Bank 7300 Frankford Avenue Philadelphia, PA 19136 Full Service B&M $36,611
    Republic Bank 780 Route 70 West Marlton, NJ 8053 Full Service B&M $183,542
    Republic Bank 830 Third Avenue New York, NY 10022 Full Service B&M $65,436
    Republic Bank 833 Chestnut Street Suite 170 Philadelphia, PA 19107 Full Service B&M $56,779
    Republic Bank 8764 Frankford Avenue Philadelphia, PA 19136 Full Service B&M $58,671
    Republic Bank 90 Fifth Avenue New York, NY 10011 Full Service B&M $78,567

    For 2020, Republic Bank had 32 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $116,384
    Net interest income $93,563
    Total noninterest income $32,031
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,576
    Trading account gains and fees $0
    Additional Noninterest Income $29,455
    Pre-tax net operating income $6,777
    Securities gains (or losses, -) $2,760
    Income before extraordinary items $7,444
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,444
    Minority interest net income $0
    Net income $7,444
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,263

    Republic Bank's gross interest income from loans was $116,384,000.
    Republic Bank's net interest income from loans was $93,563,000.
    Republic Bank's fee based income from loans was $2,576,000.
    Republic Bank's net income from loans was $7,444,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $22,821
    Provision for credit losses $4,200
    Total noninterest expense $114,617
    Salaries and employee benefits $54,346
    Premises and equipment expense $22,306
    Additional noninterest expense $37,965
    Applicable income taxes $2,093
    Net charge-offs $491
    Cash dividends $0

    Republic Bank's interest expense for loans was $22,821,000.
    Republic Bank's payroll and benefits expense were $54,346,000.
    Republic Bank's property, plant and equipment expenses $22,306,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 1.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $4,037,434
    Deposits held in domestic offices $4,037,434
    Deposits by Individuals, partnerships, and corporations $2,748,087
    Deposits by U.S. Government $2
    Deposits by States and political subdivisions in the U.S. $1,289,345
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,415,812
    Demand deposits $560,625
    Nontransaction accounts $2,621,622
    Money market deposit accounts (MMDAs) $2,105,518
    Other savings deposits (excluding MMDAs) $329,743
    Total time deposits $186,362
    Total time and savings deposits $3,476,809
    Noninterest-bearing deposits $560,625
    Interest-bearing deposits $3,476,809
    Retail deposits $3,952,042
    IRAs and Keogh plan accounts $9,769
    Brokered deposits $1,017
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $5,056,197
    Cash & Balances due from depository institutions $775,301
    Interest-bearing balances $745,434
    Total securities $1,352,483
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,685,737
    Loan and leases loss allowance $12,975
    Trading account assets $0
    Bank premises and fixed assets $196,115
    Other real estate owned $1,188
    Goodwill and other intangibles $4,626
    All other assets $40,747

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $5,056,197
    Total Liabilities $4,769,083
    Total deposits $4,037,434
    Interest-bearing deposits $3,476,809
    Deposits held in domestic offices $4,037,434
    % insured (estimated) $35
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $633,866
    Subordinated debt $0
    All other liabilities $97,783

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,685,737
    Loan and leases loss allowance $12,975
    Total loans and leases (domestic) $2,698,712
    All real estate loans $1,877,319
    Real estate loans in domestic offices $1,877,319
    Construction and development loans $143,711
    Residential 1-4 family construction $38,667
    Other construction, all land development and other land $105,044
    Loans secured by nonfarm nonresidential properties $995,150
    Nonfarm nonresidential secured by owner-occupied properties $478,178
    Commercial real estate & other non-farm, non-residential $516,972
    Multifamily residential real estate $102,626
    1-4 family residential loans $634,145
    Farmland loans $1,687
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $776,177
    To non-U.S. addressees $0
    Loans to individuals $1,758
    Credit card loans $75
    Related Plans $1,241
    Consumer Auto Loans $0
    Other loans to individuals $442
    All other loans & leases $56,258
    Loans to foreign governments and official institutions $0
    Other loans $11,524
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $17,090
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $4,530
    Non 1-4 family restructured loans & leases $4,530
    Total loans and leases (foreign) $0

    Republic Bank had $2,685,737,000 of loans outstanding in 2020. $1,877,319,000 of loans were in real estate loans. $143,711,000 of loans were in development loans. $102,626,000 of loans were in multifamily mortgage loans. $634,145,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $75,000 of loans were in credit card loans. $0 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 611 $187,462 $306,812
    Nonfarm, nonresidential loans - <$100k 72 $3,917 $54,403
    Nonfarm, nonresidential loans - $100-250k 195 $28,430 $145,795
    Nonfarm, nonresidential loans - $250k-1MM 344 $155,115 $450,916
    Commercial & Industrial, US addressed loans - <$1MM 5,082 $460,531 $90,620
    Commercial & Industrial, US addressed loans - <$100k 3,757 $109,155 $29,054
    Commercial & Industrial, US addressed loans - $100-250k 788 $120,947 $153,486
    Commercial & Industrial, US addressed loans - $250k-1MM 537 $230,429 $429,104
    Farmland loans - <$1MM 2 $354 $177,000
    Farmland loans - $100-250k 2 $354 $177,000