Republic Bank & Trust Company Mortgage Rates, Fees & Info

Louisville, KY

LEI: X6T32LKEPUT8LQMW6755

Tax ID: 61-0197400

5 stars - out of 5 stars, based on 75 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Republic Bank & Trust Company is a small bank specializing in Refi, Home Purchase, and Cash Out Refi loans. Republic Bank & Trust Company 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 include Louisville/jefferson County, Lexington, Nashville, Tampa, and Cincinnati among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Republic Bank & Trust Company is typically a low fee lendor.


Originations

5,627

Origination Dollar Volume (All Markets)

$1,250,265,000

Employee count

1,094 Show all (16) awards

Relative Rate

Republic Bank & Trust Company's average 30 year fixed rate mortgage of loans were 3.3%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.06%.

Relative Fees

Republic Bank & Trust Company's average total fees for a 30 year fixed rate mortgage are $3,191.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 3,288 $647,080,000 $196,800 $2,717 3.32%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 594 $122,490,000 $206,212 $2,840 3.30%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 242 $73,790,000 $304,917 $3,114 3.36%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 249 $71,515,000 $287,209 $3,855 3.44%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 202 $64,330,000 $318,465 $2,944 3.41%
Outside of Metro Areas 196 $36,910,000 $188,316 $3,137 3.28%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 46 $11,510,000 $250,217 $3,406 3.21%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 32 $10,820,000 $338,125 $3,889 2.97%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 32 $8,740,000 $273,125 $3,095 3.07%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 28 $6,800,000 $242,857 $3,122 2.92%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 16 $6,510,000 $406,875 $4,248 3.16%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 41 $6,425,000 $156,707 $3,776 3.20%
ST. LOUIS, MO-IL (FHA|USDA|VA) 17 $6,075,000 $357,353 $2,634 3.15%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 33 $5,785,000 $175,303 $3,702 3.27%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 20 $5,530,000 $276,500 $3,847 3.09%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 16 $5,400,000 $337,500 $2,548 3.20%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 16 $5,320,000 $332,500 $3,250 3.05%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 13 $5,085,000 $391,154 $6,055 2.93%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 18 $4,720,000 $262,222 $3,130 2.94%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 16 $4,700,000 $293,750 $4,989 2.98%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 14 $4,580,000 $327,143 $3,264 3.02%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 18 $4,560,000 $253,333 $3,313 3.17%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $3,935,000 $787,000 $5,516 3.03%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 10 $3,870,000 $387,000 $4,237 3.10%
JACKSONVILLE, FL (FHA|USDA|VA) 14 $3,830,000 $273,571 $3,583 3.07%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 10 $3,630,000 $363,000 $2,655 3.30%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 13 $3,435,000 $264,231 $3,153 2.96%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $3,435,000 $381,667 $4,131 2.93%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 8 $3,350,000 $418,750 $2,362 3.17%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 8 $3,340,000 $417,500 $4,850 3.23%
COLUMBUS, OH (FHA|USDA|VA) 14 $3,250,000 $232,143 $3,155 3.21%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 6 $2,990,000 $498,333 $4,190 3.13%
RALEIGH-CARY, NC (FHA|USDA|VA) 10 $2,940,000 $294,000 $3,100 3.15%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 11 $2,815,000 $255,909 $3,088 3.35%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 10 $2,800,000 $280,000 $2,550 3.09%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 11 $2,775,000 $252,273 $2,972 3.36%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 12 $2,600,000 $216,667 $3,046 2.89%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 10 $2,480,000 $248,000 $4,201 3.48%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 11 $2,465,000 $224,091 $3,372 3.03%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 11 $2,445,000 $222,273 $3,921 3.16%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 7 $2,385,000 $340,714 $4,077 3.35%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 8 $2,340,000 $292,500 $3,057 2.86%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 9 $2,335,000 $259,444 $2,653 3.06%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $2,130,000 $532,500 $4,666 3.31%
SALT LAKE CITY, UT (FHA|USDA|VA) 6 $2,110,000 $351,667 $2,814 3.02%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 8 $2,060,000 $257,500 $4,022 2.97%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $1,615,000 $538,333 $4,422 3.17%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 6 $1,500,000 $250,000 $2,399 3.02%
COLUMBUS, IN (FHA|USDA|VA) 4 $1,440,000 $360,000 $2,482 2.97%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 6 $1,390,000 $231,667 $3,623 2.92%
PITTSBURGH, PA (FHA|USDA|VA) 4 $1,260,000 $315,000 $5,659 2.81%
RICHMOND, VA (FHA|USDA|VA) 5 $1,245,000 $249,000 $3,433 3.20%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 4 $1,230,000 $307,500 $5,216 3.28%
GARY, IN (FHA|USDA|VA) 5 $1,185,000 $237,000 $2,251 2.88%
COLUMBIA, SC (FHA|USDA|VA) 4 $1,140,000 $285,000 $2,832 2.97%
OWENSBORO, KY (FHA|USDA|VA) 10 $1,130,000 $113,000 $3,471 2.79%
JACKSON, TN (FHA|USDA|VA) 3 $1,075,000 $358,333 $2,988 3.88%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 4 $1,040,000 $260,000 $2,109 2.84%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $1,015,000 $338,333 $7,370 2.83%
PHILADELPHIA, PA (FHA|USDA|VA) 4 $1,000,000 $250,000 $4,436 2.97%
CAMDEN, NJ (FHA|USDA|VA) 5 $995,000 $199,000 $2,256 2.73%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 2 $970,000 $485,000 $3,768 2.88%
MONROE, LA (FHA|USDA|VA) 4 $960,000 $240,000 $5,006 2.56%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $935,000 $187,000 $3,396 3.05%
PORT ST. LUCIE, FL (FHA|USDA|VA) 5 $935,000 $187,000 $3,148 2.83%
KNOXVILLE, TN (FHA|USDA|VA) 4 $930,000 $232,500 $5,031 3.06%
BOULDER, CO (FHA|USDA|VA) 3 $925,000 $308,333 $2,494 3.17%
TERRE HAUTE, IN (FHA|USDA|VA) 3 $895,000 $298,333 $2,202 3.54%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 3 $875,000 $291,667 $2,832 2.92%
PUNTA GORDA, FL (FHA|USDA|VA) 4 $870,000 $217,500 $3,458 3.16%
BOWLING GREEN, KY (FHA|USDA|VA) 4 $860,000 $215,000 $2,051 3.31%
BRUNSWICK, GA (FHA|USDA|VA) 2 $860,000 $430,000 $0 3.25%
TALLAHASSEE, FL (FHA|USDA|VA) 6 $830,000 $138,333 $4,562 3.53%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 4 $790,000 $197,500 $3,064 2.91%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 4 $770,000 $192,500 $3,800 2.97%
ASHEVILLE, NC (FHA|USDA|VA) 3 $725,000 $241,667 $7,014 3.04%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 3 $705,000 $235,000 $3,690 3.08%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 3 $705,000 $235,000 $2,728 3.21%
MOBILE, AL (FHA|USDA|VA) 2 $680,000 $340,000 $3,509 3.06%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $680,000 $340,000 $3,423 3.13%
MADISON, WI (FHA|USDA|VA) 2 $660,000 $330,000 $2,644 3.38%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $660,000 $330,000 $2,340 3.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $655,000 $218,333 $3,859 3.04%
NEWARK, NJ-PA (FHA|USDA|VA) 2 $640,000 $320,000 $6,129 2.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $635,000 $211,667 $3,989 2.71%
AKRON, OH (FHA|USDA|VA) 3 $615,000 $205,000 $2,760 3.04%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $610,000 $305,000 $2,588 3.31%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $525,000 $525,000 $2,767 3.38%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $515,000 $515,000 $6,979 2.88%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $500,000 $250,000 $5,149 3.00%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 1 $495,000 $495,000 $4,731 2.75%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $490,000 $245,000 $2,868 2.75%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $460,000 $230,000 $2,109 3.06%
SAVANNAH, GA (FHA|USDA|VA) 2 $460,000 $230,000 $2,541 2.69%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $440,000 $220,000 $1,881 3.13%
SALINAS, CA (FHA|USDA|VA) 1 $435,000 $435,000 $2,117 3.13%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $435,000 $435,000 $2,787 3.13%
SALEM, OR (FHA|USDA|VA) 2 $430,000 $215,000 $3,207 3.38%
BELLINGHAM, WA (FHA|USDA|VA) 1 $425,000 $425,000 $4,093 3.38%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $425,000 $425,000 $3,010 3.75%
GAINESVILLE, FL (FHA|USDA|VA) 2 $420,000 $210,000 $2,295 3.19%
TOLEDO, OH (FHA|USDA|VA) 2 $410,000 $205,000 $3,251 3.06%
ELGIN, IL (FHA|USDA|VA) 2 $410,000 $205,000 $2,009 2.69%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $400,000 $200,000 $2,396 2.81%
CLEVELAND, TN (FHA|USDA|VA) 2 $400,000 $200,000 $2,253 3.19%
DOTHAN, AL (FHA|USDA|VA) 2 $400,000 $200,000 $2,228 3.13%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $400,000 $200,000 $2,292 3.31%
THE VILLAGES, FL (FHA|USDA|VA) 1 $375,000 $375,000 $3,492 3.63%
FRESNO, CA (FHA|USDA|VA) 2 $370,000 $185,000 $1,967 3.06%
ROME, GA (FHA|USDA|VA) 2 $360,000 $180,000 $2,743 2.69%
WILMINGTON, NC (FHA|USDA|VA) 1 $355,000 $355,000 $2,884 3.00%
ROANOKE, VA (FHA|USDA|VA) 1 $355,000 $355,000 $3,181 3.00%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $350,000 $175,000 $2,325 3.25%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $350,000 $175,000 $3,510 3.13%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $340,000 $170,000 $2,216 2.75%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $340,000 $170,000 $2,374 2.88%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $325,000 $325,000 $2,666 3.75%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $315,000 $315,000 $7,194 2.88%
GREELEY, CO (FHA|USDA|VA) 1 $305,000 $305,000 $8,626 3.13%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $295,000 $295,000 $3,056 3.50%
STOCKTON, CA (FHA|USDA|VA) 1 $295,000 $295,000 $2,117 2.75%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $285,000 $285,000 $2,470 3.13%
FLINT, MI (FHA|USDA|VA) 1 $285,000 $285,000 $5,082 3.00%
GETTYSBURG, PA (FHA|USDA|VA) 1 $275,000 $275,000 $4,042 3.50%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $265,000 $265,000 $2,544 3.13%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $265,000 $265,000 $1,767 3.13%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $255,000 $255,000 $3,537 2.75%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 1 $255,000 $255,000 $3,039 3.25%
MERCED, CA (FHA|USDA|VA) 1 $255,000 $255,000 $2,309 2.88%
PANAMA CITY, FL (FHA|USDA|VA) 1 $245,000 $245,000 $4,780 3.75%
OCALA, FL (FHA|USDA|VA) 1 $245,000 $245,000 $5,038 2.50%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $235,000 $235,000 $3,032 3.13%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $235,000 $235,000 $2,632 2.88%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $2,992 2.50%
ANN ARBOR, MI (FHA|USDA|VA) 1 $235,000 $235,000 $3,238 3.25%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $225,000 $225,000 $3,134 3.38%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $225,000 $225,000 $2,153 2.88%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $225,000 $225,000 $2,745 2.75%
DECATUR, AL (FHA|USDA|VA) 1 $225,000 $225,000 $2,192 3.13%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $225,000 $225,000 $3,422 3.25%
BATON ROUGE, LA (FHA|USDA|VA) 1 $215,000 $215,000 $2,313 2.88%
READING, PA (FHA|USDA|VA) 1 $215,000 $215,000 $3,955 2.88%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $205,000 $205,000 $2,211 2.75%
LOGAN, UT-ID (FHA|USDA|VA) 1 $205,000 $205,000 $4,428 2.75%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $205,000 $205,000 $2,066 3.13%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $205,000 $205,000 $3,248 3.38%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $195,000 $195,000 $2,482 2.88%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $195,000 $195,000 $2,322 2.50%
BEND, OR (FHA|USDA|VA) 1 $195,000 $195,000 $3,295 2.88%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $2,094 2.63%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $185,000 $185,000 $2,352 2.50%
MUSKEGON, MI (FHA|USDA|VA) 1 $185,000 $185,000 $2,620 2.63%
VALDOSTA, GA (FHA|USDA|VA) 1 $185,000 $185,000 $2,451 2.38%
YUMA, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $1,977 2.88%
COLUMBIA, MO (FHA|USDA|VA) 1 $175,000 $175,000 $5,578 3.88%
MONTGOMERY, AL (FHA|USDA|VA) 1 $175,000 $175,000 $2,192 2.88%
WALLA WALLA, WA (FHA|USDA|VA) 1 $165,000 $165,000 $2,867 3.13%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $165,000 $165,000 $2,259 3.13%
LEBANON, PA (FHA|USDA|VA) 1 $165,000 $165,000 $4,033 2.75%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,257 3.00%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $145,000 $145,000 $3,476 3.00%
APPLETON, WI (FHA|USDA|VA) 1 $145,000 $145,000 $1,717 2.75%
JACKSON, MS (FHA|USDA|VA) 1 $135,000 $135,000 $3,674 3.63%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,560 3.00%
MORRISTOWN, TN (FHA|USDA|VA) 1 $135,000 $135,000 $1,932 2.88%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $125,000 $125,000 $2,825 2.75%
ALTOONA, PA (FHA|USDA|VA) 1 $95,000 $95,000 $2,861 2.75%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $95,000 $95,000 $2,460 3.25%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $75,000 $75,000 $4,400 2.00%
SPARTANBURG, SC (FHA|USDA|VA) 1 $65,000 $65,000 $2,322 3.13%

Republic Bank & Trust Company's top markets include Louisville/jefferson County, Lexington, Nashville, Tampa, and Cincinnati among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 5,374 $1,199,860,000 $223,271 $2,810 3.29%
FHA 157 $27,805,000 $177,102 $5,927 3.49%
VA 77 $19,225,000 $249,675 $4,492 3.01%
USDA 19 $3,375,000 $177,632 $4,719 3.16%

For the 2020 period, Republic Bank & Trust Company's most frequently originated loan type of loans were Conventional, with 5,374 originations. Their 2nd most popular type is FHA, with 157 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 2,217 $560,025,000 $252,605 $2,724 3.06%
Home Purchase 1,649 $379,305,000 $230,021 $3,273 3.45%
Cash Out Refi 1,196 $254,810,000 $213,052 $3,098 3.29%
Other 363 $39,435,000 $108,636 $1,936 3.74%
Home Improvement 202 $16,690,000 $82,624 $1,247 3.78%

For the 2020, Republic Bank & Trust Company's most frequently cited loan purpose of loans were Refi, with 2,217 originations. The 2nd most popular reason of loans were Home Purchase, with 1,649 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 3,118 $776,520,000 $249,044 $3,191 3.30%
10 Year 1,084 $178,580,000 $164,742 $1,036 3.67%
15 Year 993 $204,505,000 $205,947 $2,702 2.91%
20 Year 286 $58,100,000 $203,147 $2,645 3.18%
Other 68 $17,480,000 $257,059 $2,761 3.23%
1 Year 36 $9,770,000 $271,389 $1,679 4.03%
5 Year 36 $1,740,000 $48,333 $638 2.22%
30+ year 6 $3,570,000 $595,000 $5,831 4.33%

For the 2020, Republic Bank & Trust Company's most frequently cited loan length of loans were 30 Year, with 3,118 originations. The 2nd most popular length of loans were 10 Year, with 1,084 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 2,808 $665,140,000 $236,873
$1k-2k 1,460 $287,980,000 $197,247
$2k-3k 243 $60,975,000 $250,926
$3k-4k 105 $34,485,000 $328,429
$5k+ 69 $23,065,000 $334,275

$3,191 of loans were Republic Bank & Trust Company's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 2,808 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 2,768 $642,050,000 $231,954
2.5-3% 1,955 $469,285,000 $240,043
4-5% 596 $82,940,000 $139,161
<2.5% 258 $50,980,000 $197,597
5-6% 48 $4,710,000 $98,125
7-8% 1 $5,000 $5,000
Over 8% 1 $295,000 $295,000

During 2020, Republic Bank & Trust Company's average interest rate of loans were 3.30%, while their most frequently originated rate bucket of loans were 3-4%, with 2,768 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 2,040 $558,320,000 $273,686 $3,181 3.16%
$100k-200k 1,970 $294,490,000 $149,487 $2,773 3.26%
$100,000 or less 1,052 $58,880,000 $55,970 $1,853 3.64%
$400k-600k 432 $202,160,000 $467,963 $3,745 3.19%
$600k-1MM 93 $70,925,000 $762,634 $5,242 3.43%
$1MM+ 40 $65,490,000 $1,637,250 $6,715 3.66%

2020 saw Republic Bank & Trust Company place emphasis on $200k-400k loans with 2,040 originations, totaling $558,320,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 1,112 $260,960,000 $234,676 $3,031 3.20%
$50k-75k 1,077 $171,835,000 $159,550 $2,794 3.32%
$50k or less 852 $95,890,000 $112,547 $2,529 3.46%
$75k-100k 807 $157,575,000 $195,260 $2,970 3.27%
$150k-250k 798 $221,290,000 $277,306 $3,271 3.23%
$250k+ 513 $201,285,000 $392,368 $3,505 3.32%

Republic Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 1,112 originations. The second most popular income band? $50k-75k, with 1,077 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,529 $330,885,000 $216,406 $2,804 3.21%
30-36% 980 $208,240,000 $212,490 $3,019 3.32%
<20% 913 $205,515,000 $225,099 $2,793 3.14%
40% 195 $37,095,000 $190,231 $2,724 3.37%
37% 187 $37,935,000 $202,861 $3,117 3.41%
38% 168 $32,670,000 $194,464 $2,930 3.56%
36% 168 $36,840,000 $219,286 $2,987 3.33%
39% 167 $35,255,000 $211,108 $2,913 3.42%
42% 161 $30,955,000 $192,267 $2,973 3.48%
41% 151 $32,425,000 $214,735 $2,998 3.38%
44% 134 $29,370,000 $219,179 $3,137 3.27%
43% 122 $25,750,000 $211,066 $3,121 3.32%
45% 108 $24,490,000 $226,759 $3,186 3.33%
48% 81 $18,045,000 $222,778 $3,734 3.36%
46% 79 $16,515,000 $209,051 $3,141 3.28%
49% 74 $16,630,000 $224,730 $3,407 3.24%
47% 72 $13,570,000 $188,472 $3,160 3.22%
50-60% 32 $8,000,000 $250,000 $5,260 3.27%
>60% 6 $1,490,000 $248,333 $2,888 4.31%

Republic Bank & Trust Company lent most frequently to those with DTI ratios of 20-30%, with 1,529 originations. The next most common DTI ratio? 30-36%, with 980 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,512 $981,040,000 $217,429 $2,952 3.26%
Not applicable 221 $87,685,000 $396,765 $0 3.67%
Not provided 349 $80,725,000 $231,304 $3,061 3.23%
Black 373 $60,955,000 $163,418 $2,826 3.62%
Asian 106 $26,480,000 $249,811 $2,979 3.21%
Asian Indian 24 $5,780,000 $240,833 $2,766 3.12%
American Indian 18 $2,450,000 $136,111 $2,603 3.58%
Other Asian 8 $1,500,000 $187,500 $3,057 3.20%
Korean 2 $1,170,000 $585,000 $2,897 3.19%
Filipino 4 $810,000 $202,500 $3,286 2.78%
Native Hawaiian 4 $630,000 $157,500 $1,741 3.88%
Chinese 4 $630,000 $157,500 $4,481 3.13%
Vietnamese 2 $410,000 $205,000 $2,316 2.88%

Approval Rates

Total approvals of all applications
92.63%

Republic Bank & Trust Company has an average approval rate.

Pick Rate

Approvals leading to origination
62.95%

Republic Bank & Trust Company has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 5,627 $1,250,265,000 $222,190

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Site-Built 77 $63,685,000 $827,078
Single Family (1-4 Units):Manufactured 7 $625,000 $89,286
Single Family (1-4 Units):Site-Built 5,543 $1,185,955,000 $213,955

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 510 $77,470,000 $151,902 $2,499 3.35%
40-60% 975 $218,725,000 $224,333 $2,705 3.05%
60-80% 2,189 $566,675,000 $258,874 $3,016 3.20%
80-100% 1,431 $354,895,000 $248,005 $3,363 3.42%
Over 100% 12 $3,130,000 $260,833 $9,019 3.06%
Under 20% 485 $23,465,000 $48,381 $610 3.81%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Republic Bank & Trust Company 25 Town Center Blvd., Suite 101 Crestview Hills, KY 41017 Full Service B&M $42,132
Republic Bank & Trust Company 10100 Brookridge Village Blvd Louisville, KY 40291 Full Service B&M $76,499
Republic Bank & Trust Company 10577 State Road 54 New Port Richey, FL 34655 Full Service B&M $69,797
Republic Bank & Trust Company 113 Seaboard Lane Franklin, TN 37067 Full Service B&M $37,832
Republic Bank & Trust Company 11330 Main Street Middletown, KY 40243 Full Service B&M $119,807
Republic Bank & Trust Company 12933 Walsingham Road Largo, FL 33774 Full Service B&M $29,837
Republic Bank & Trust Company 1300 N. Westshore Blvd. Tampa, FL 33607 Full Service B&M $65,309
Republic Bank & Trust Company 1420 Poplar Level Road Louisville, KY 40213 Full Service B&M $63,236
Republic Bank & Trust Company 1720 West Broadway Louisville, KY 40203 Full Service B&M $7,845
Republic Bank & Trust Company 2034 Richard Jones Road Nashville, TN 37215 Full Service B&M $19,567
Republic Bank & Trust Company 2401 Harrodsburg Road Lexington, KY 40504 Full Service B&M $154,153
Republic Bank & Trust Company 2801 Bardstown Road Louisville, KY 40205 Full Service B&M $108,135
Republic Bank & Trust Company 3001 Charlestown Crossing Way Ste 5 New Albany, IN 47150 Full Service B&M $50,544
Republic Bank & Trust Company 3098 Helmsdale Lexington, KY 40509 Full Service B&M $43,754
Republic Bank & Trust Company 3141 Highway 62 Jeffersonville, IN 47130 Full Service B&M $42,057
Republic Bank & Trust Company 333 West Vine Street, Suite 10240507 Lexington, KY 40507 Full Service Retail $80,835
Republic Bank & Trust Company 35 Village Plaza Shelbyville, KY 40065 Full Service B&M $89,143
Republic Bank & Trust Company 3608 Walden Drive Lexington, KY 40517 Full Service B&M $48,815
Republic Bank & Trust Company 3726 Lexington Road Louisville, KY 40207 Full Service B&M $88,722
Republic Bank & Trust Company 3811 Ruckriegel Pkwy Louisville, KY 40299 Full Service B&M $70,916
Republic Bank & Trust Company 3902 Taylorsville Road Louisville, KY 40220 Full Service B&M $55,053
Republic Bank & Trust Company 3950 Kresge Way St. Matthews, KY 40207 Full Service B&M $41,286
Republic Bank & Trust Company 4030 Smith Road Cincinnati, OH 45209 Full Service B&M $143,812
Republic Bank & Trust Company 430 Connector Road Georgetown, KY 40324 Full Service B&M $23,800
Republic Bank & Trust Company 438 Highway 44 East Shepherdsville, KY 40165 Full Service B&M $41,199
Republic Bank & Trust Company 4571 Duffy Road Floyds Knobs, IN 47119 Full Service B&M $28,291
Republic Bank & Trust Company 4808 Outer Loop Louisville, KY 40219 Full Service B&M $68,967
Republic Bank & Trust Company 4921 Old Brownsboro Road Louisville, KY 40222 Full Service B&M $81,119
Republic Bank & Trust Company 5125 New Cut Road Louisville, KY 40214 Full Service B&M $30,088
Republic Bank & Trust Company 5320 Dixie Highway Louisville, KY 40216 Full Service B&M $71,422
Republic Bank & Trust Company 535 Madison Ave. Covington, KY 41011 Full Service B&M $48,356
Republic Bank & Trust Company 601 West Market Street Louisville, KY 40202 Full Service B&M $1,138,645
Republic Bank & Trust Company 6300 4th Street North Saint Petersburg, FL 33702 Full Service B&M $170,200
Republic Bank & Trust Company 641 East Euclid Ave Lexington, KY 40502 Full Service B&M $36,165
Republic Bank & Trust Company 6600 Central Avenue Saint Petersburg, FL 33707 Full Service B&M $79,133
Republic Bank & Trust Company 661 South Hurstborne Parkway Louisville, KY 40223 Full Service B&M $1,301,574
Republic Bank & Trust Company 6906 East Fowler Avenue Tampa, FL 33617 Full Service B&M $54,703
Republic Bank & Trust Company 7800 Seminole Boulevard Seminole, FL 33772 Full Service B&M $54,356
Republic Bank & Trust Company 8513 Ushwy 42 Florence, KY 41042 Full Service B&M $62,549
Republic Bank & Trust Company 9101 Ushwy 42 Prospect, KY 40059 Full Service B&M $89,963
Republic Bank & Trust Company 9110 West Chester Towne Centre Drive West Chester, OH 45069 Full Service B&M $5,547
Republic Bank & Trust Company 9600 Brownsboro Rd Louisville, KY 40241 Full Service B&M $183,306

For 2020, Republic Bank & Trust Company had 42 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $251,984
Net interest income $233,040
Total noninterest income $87,907
Gross Fiduciary activities income $0
Service charges on deposit accounts $11,557
Trading account gains and fees $564
Additional Noninterest Income $75,786
Pre-tax net operating income $102,953
Securities gains (or losses, -) $54
Income before extraordinary items $83,287
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $83,287
Minority interest net income $0
Net income $83,287
Sale, conversion, retirement of capital stock, net $2,224
Net operating income $83,243

Republic Bank & Trust Company's gross interest income from loans was $251,984,000.
Republic Bank & Trust Company's net interest income from loans was $233,040,000.
Republic Bank & Trust Company's fee based income from loans was $11,557,000.
Republic Bank & Trust Company's net income from loans was $83,287,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $18,944
Provision for credit losses $31,278
Total noninterest expense $186,716
Salaries and employee benefits $105,743
Premises and equipment expense $27,555
Additional noninterest expense $53,418
Applicable income taxes $19,720
Net charge-offs $20,168
Cash dividends $24,800

Republic Bank & Trust Company's interest expense for loans was $18,944,000.
Republic Bank & Trust Company's payroll and benefits expense were $105,743,000.
Republic Bank & Trust Company's property, plant and equipment expenses $27,555,000.

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 1.0%
HELOC loans 0.0%
All other family 1.0%
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 $4,832,543
Deposits held in domestic offices $4,832,543
Deposits by Individuals, partnerships, and corporations $4,677,161
Deposits by U.S. Government $1
Deposits by States and political subdivisions in the U.S. $117,324
Deposits by Commercial banks and other depository institutions in U.S. $38,057
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $289,043
Demand deposits $222,040
Nontransaction accounts $4,543,500
Money market deposit accounts (MMDAs) $3,812,876
Other savings deposits (excluding MMDAs) $332,220
Total time deposits $398,403
Total time and savings deposits $4,610,503
Noninterest-bearing deposits $1,987,324
Interest-bearing deposits $2,845,219
Retail deposits $4,469,979
IRAs and Keogh plan accounts $51,082
Brokered deposits $282,866
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $6,158,886
Cash & Balances due from depository institutions $480,961
Interest-bearing balances $391,331
Total securities $576,470
Federal funds sold & reverse repurchase $0
Net loans and leases $4,804,069
Loan and leases loss allowance $61,067
Trading account assets $12,545
Bank premises and fixed assets $82,457
Other real estate owned $2,499
Goodwill and other intangibles $23,584
All other assets $176,301

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $6,158,886
Total Liabilities $5,396,957
Total deposits $4,832,543
Interest-bearing deposits $2,845,219
Deposits held in domestic offices $4,832,543
% insured (estimated) $55
Federal funds purchased and repurchase agreements $211,026
Trading liabilities $0
Other borrowed funds $279,340
Subordinated debt $0
All other liabilities $74,048

Issued Loan Types

Type Value (in 000's)
Net loans and leases $4,804,069
Loan and leases loss allowance $61,067
Total loans and leases (domestic) $4,865,136
All real estate loans $2,879,846
Real estate loans in domestic offices $2,879,846
Construction and development loans $98,674
Residential 1-4 family construction $11,316
Other construction, all land development and other land $87,358
Loans secured by nonfarm nonresidential properties $1,170,915
Nonfarm nonresidential secured by owner-occupied properties $539,380
Commercial real estate & other non-farm, non-residential $631,535
Multifamily residential real estate $170,861
1-4 family residential loans $1,432,087
Farmland loans $7,309
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $662,722
To non-U.S. addressees $0
Loans to individuals $251,897
Credit card loans $14,196
Related Plans $72,844
Consumer Auto Loans $30,300
Other loans to individuals $134,557
All other loans & leases $1,070,671
Loans to foreign governments and official institutions $0
Other loans $1,022,170
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $14,065
Non 1-4 family restructured loans & leases $3,026
Total loans and leases (foreign) $0

Republic Bank & Trust Company had $4,804,069,000 of loans outstanding in 2020. $2,879,846,000 of loans were in real estate loans. $98,674,000 of loans were in development loans. $170,861,000 of loans were in multifamily mortgage loans. $1,432,087,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $14,196,000 of loans were in credit card loans. $30,300,000 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 1,438 $389,415 $270,803
Nonfarm, nonresidential loans - <$100k 148 $6,961 $47,034
Nonfarm, nonresidential loans - $100-250k 478 $60,001 $125,525
Nonfarm, nonresidential loans - $250k-1MM 812 $322,453 $397,110
Commercial & Industrial, US addressed loans - <$1MM 4,129 $382,342 $92,599
Commercial & Industrial, US addressed loans - <$100k 2,807 $84,479 $30,096
Commercial & Industrial, US addressed loans - $100-250k 781 $100,206 $128,305
Commercial & Industrial, US addressed loans - $250k-1MM 541 $197,657 $365,355
Farmland loans - <$1MM 14 $2,358 $168,429
Farmland loans - <$100k 3 $172 $57,333
Farmland loans - $100-250k 5 $414 $82,800
Farmland loans - $250k-1MM 6 $1,772 $295,333