Republic Bank & Trust Company Mortgage Rates, Fees & Info

Louisville, KY

LEI: X6T32LKEPUT8LQMW6755

Tax ID: 61-0197400

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

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    • Review & Overview

    Republic Bank & Trust Company is a smaller bank specializing in Home Purchase and 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 by origination volume include: Louisville, Lexington, Tampa, Nashville, and Cincinnati among others. We have data for 130 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Republic Bank & Trust Company has an above 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 & Trust Company 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) 5.55% 4/21/24
    30 Year Conventional Purchase 6.27% 4/21/24
    30 Year Conventional Refi 6.32% 4/21/24
    30 Year Cash-out Refi 6.47% 4/21/24
    30 Year FHA Purchase 7.60% 4/21/24
    30 Year FHA Refi 6.27% 4/21/24
    30 Year VA Purchase 6.24% 4/21/24
    30 Year VA Refi 6.27% 4/21/24
    30 Year USDA Purchase 6.27% 4/21/24
    15 Year Conventional Purchase 6.03% 4/21/24
    15 Year Conventional Refi 6.18% 4/21/24
    15 Year Cash-out Refi 6.18% 4/21/24
    15 Year FHA Refi 7.13% 4/21/24
    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 & Trust Company Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Republic Bank & Trust Company. 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

    4,108

    Origination Dollar Volume (All Markets)

    $761,310,000

    Employee count

    1,080 Show all (8) 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
    LOUISVILLE, KY (FHA|USDA|VA) 2,529 $416,935,000 $164,862 $2,593 4.59%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 419 $75,915,000 $181,181 $2,515 4.54%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 228 $49,120,000 $215,439 $3,366 4.56%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 141 $42,325,000 $300,177 $3,107 4.55%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 187 $40,215,000 $215,053 $2,531 4.66%
    OWENSBORO, KY (FHA|USDA|VA) 68 $9,240,000 $135,882 $2,719 4.82%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $8,970,000 $2,242,500 $4,202 4.34%
    Outside of Metro Areas 46 $8,260,000 $179,565 $3,417 4.36%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 30 $8,180,000 $272,667 $3,976 3.93%
    Frankfort, KY (FHA|USDA|VA) 45 $5,685,000 $126,333 $2,559 4.44%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 47 $5,405,000 $115,000 $2,330 4.75%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 18 $4,760,000 $264,444 $2,895 3.78%
    Bardstown, KY (FHA|USDA|VA) 25 $3,785,000 $151,400 $2,667 4.21%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $3,210,000 $1,605,000 $2,317 4.50%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 7 $2,995,000 $427,857 $3,708 3.80%
    Richmond-Berea, KY (FHA|USDA|VA) 19 $2,935,000 $154,474 $2,706 4.56%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 9 $2,905,000 $322,778 $5,272 4.15%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 11 $2,725,000 $247,727 $4,513 3.65%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 10 $2,650,000 $265,000 $3,959 4.08%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $2,545,000 $363,571 $2,647 3.57%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 8 $2,450,000 $306,250 $4,551 3.69%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 7 $2,345,000 $335,000 $4,081 4.13%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 7 $2,205,000 $315,000 $4,925 3.48%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 8 $2,190,000 $273,750 $5,850 3.78%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 6 $1,720,000 $286,667 $3,360 4.19%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 6 $1,630,000 $271,667 $3,437 3.63%
    JACKSONVILLE, FL (FHA|USDA|VA) 6 $1,600,000 $266,667 $3,028 3.94%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $1,595,000 $319,000 $2,441 3.53%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 6 $1,520,000 $253,333 $2,757 3.90%
    BOWLING GREEN, KY (FHA|USDA|VA) 8 $1,410,000 $176,250 $2,679 4.73%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $1,320,000 $330,000 $3,136 3.53%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 5 $1,275,000 $255,000 $3,063 3.65%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 5 $1,215,000 $243,000 $4,017 3.63%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $1,180,000 $295,000 $2,591 3.69%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $1,155,000 $385,000 $3,506 3.79%
    RALEIGH-CARY, NC (FHA|USDA|VA) 4 $1,120,000 $280,000 $2,690 3.31%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $1,030,000 $515,000 $2,142 3.81%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $1,010,000 $252,500 $3,722 3.81%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 5 $1,005,000 $201,000 $2,972 3.50%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $970,000 $242,500 $3,486 3.53%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $910,000 $227,500 $4,892 4.06%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $895,000 $298,333 $4,215 4.95%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $890,000 $222,500 $2,522 4.22%
    KNOXVILLE, TN (FHA|USDA|VA) 5 $865,000 $173,000 $6,850 3.90%
    SALT LAKE CITY, UT (FHA|USDA|VA) 3 $835,000 $278,333 $2,212 3.50%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $800,000 $400,000 $3,625 4.38%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $785,000 $157,000 $2,884 4.03%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 3 $775,000 $258,333 $5,039 3.42%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $755,000 $251,667 $2,788 3.92%
    ASHEVILLE, NC (FHA|USDA|VA) 2 $750,000 $375,000 $6,513 4.00%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 6 $700,000 $116,667 $4,308 4.17%
    PROVO-OREM, UT (FHA|USDA|VA) 2 $690,000 $345,000 $4,112 2.94%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $675,000 $225,000 $4,163 3.46%
    AKRON, OH (FHA|USDA|VA) 3 $665,000 $221,667 $2,954 3.75%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $650,000 $325,000 $3,982 3.94%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $590,000 $295,000 $2,127 3.94%
    Danville, KY (FHA|USDA|VA) 4 $570,000 $142,500 $2,498 4.28%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $540,000 $270,000 $3,889 3.88%
    PUNTA GORDA, FL (FHA|USDA|VA) 3 $535,000 $178,333 $3,724 4.25%
    Glasgow, KY (FHA|USDA|VA) 4 $530,000 $132,500 $2,515 4.08%
    BOULDER, CO (FHA|USDA|VA) 2 $520,000 $260,000 $2,746 3.56%
    COLUMBUS, OH (FHA|USDA|VA) 5 $485,000 $97,000 $3,075 5.20%
    Heber, UT (FHA|USDA|VA) 1 $475,000 $475,000 $2,826 3.38%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $465,000 $155,000 $4,687 3.75%
    COLUMBUS, IN (FHA|USDA|VA) 1 $455,000 $455,000 $3,755 3.75%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $445,000 $445,000 $2,234 3.88%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $445,000 $445,000 $2,273 3.38%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $440,000 $220,000 $1,794 3.69%
    EAU CLAIRE, WI (FHA|USDA|VA) 2 $430,000 $215,000 $5,408 3.25%
    Calhoun, GA (FHA|USDA|VA) 2 $420,000 $210,000 $3,935 3.50%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $405,000 $405,000 $4,260 4.50%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $405,000 $405,000 $2,985 3.75%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $395,000 $395,000 $2,874 3.50%
    CLEVELAND, TN (FHA|USDA|VA) 2 $390,000 $195,000 $2,192 4.63%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $375,000 $375,000 $5,111 3.38%
    London, KY (FHA|USDA|VA) 1 $375,000 $375,000 $2,952 4.75%
    GAINESVILLE, FL (FHA|USDA|VA) 2 $370,000 $185,000 $3,511 4.06%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $365,000 $365,000 $2,520 4.00%
    Boone, NC (FHA|USDA|VA) 1 $355,000 $355,000 $2,722 3.63%
    WILMINGTON, NC (FHA|USDA|VA) 1 $355,000 $355,000 $3,474 4.38%
    WINCHESTER, VA-WV (FHA|USDA|VA) 1 $335,000 $335,000 $1,990 3.75%
    COLUMBIA, MO (FHA|USDA|VA) 1 $325,000 $325,000 $7,649 2.75%
    ROME, GA (FHA|USDA|VA) 1 $315,000 $315,000 $3,410 4.25%
    GAINESVILLE, GA (FHA|USDA|VA) 1 $305,000 $305,000 $3,301 3.88%
    STOCKTON, CA (FHA|USDA|VA) 1 $305,000 $305,000 $2,311 3.75%
    SPRINGFIELD, OH (FHA|USDA|VA) 1 $285,000 $285,000 $2,762 4.00%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $285,000 $285,000 $6,470 3.25%
    RICHMOND, VA (FHA|USDA|VA) 1 $275,000 $275,000 $2,580 3.63%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $275,000 $275,000 $2,682 3.50%
    Steamboat Springs, CO (FHA|USDA|VA) 1 $255,000 $255,000 $2,762 5.13%
    Wilmington, OH (FHA|USDA|VA) 1 $245,000 $245,000 $0 4.99%
    Show Low, AZ (FHA|USDA|VA) 1 $245,000 $245,000 $2,421 3.88%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $245,000 $245,000 $3,342 3.63%
    TOLEDO, OH (FHA|USDA|VA) 1 $245,000 $245,000 $4,136 3.63%
    Crossville, TN (FHA|USDA|VA) 1 $245,000 $245,000 $3,211 4.13%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $245,000 $245,000 $2,995 4.25%
    WALLA WALLA, WA (FHA|USDA|VA) 1 $235,000 $235,000 $2,503 4.13%
    West Plains, MO (FHA|USDA|VA) 1 $225,000 $225,000 $5,824 3.75%
    DOTHAN, AL (FHA|USDA|VA) 1 $225,000 $225,000 $3,324 4.13%
    Fort Payne, AL (FHA|USDA|VA) 1 $225,000 $225,000 $5,441 3.88%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $215,000 $215,000 $2,017 3.88%
    Mount Pleasant, MI (FHA|USDA|VA) 1 $215,000 $215,000 $2,505 4.25%
    MADISON, WI (FHA|USDA|VA) 1 $205,000 $205,000 $2,372 3.75%
    Wapakoneta, OH (FHA|USDA|VA) 1 $205,000 $205,000 $2,846 3.75%
    Ottawa, IL (FHA|USDA|VA) 1 $205,000 $205,000 $3,769 4.00%
    SALINAS, CA (FHA|USDA|VA) 1 $205,000 $205,000 $4,074 3.75%
    FRESNO, CA (FHA|USDA|VA) 1 $205,000 $205,000 $3,372 4.50%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,184 3.88%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $185,000 $185,000 $3,364 4.13%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $175,000 $175,000 $2,876 4.00%
    Aberdeen, WA (FHA|USDA|VA) 1 $175,000 $175,000 $2,900 4.25%
    Bellefontaine, OH (FHA|USDA|VA) 1 $175,000 $175,000 $5,411 3.88%
    LANCASTER, PA (FHA|USDA|VA) 1 $175,000 $175,000 $3,342 3.75%
    Ashland, OH (FHA|USDA|VA) 2 $160,000 $80,000 $1,327 5.25%
    MERCED, CA (FHA|USDA|VA) 1 $155,000 $155,000 $3,235 3.63%
    APPLETON, WI (FHA|USDA|VA) 1 $155,000 $155,000 $3,075 4.00%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,391 4.75%
    Vidalia, GA (FHA|USDA|VA) 1 $145,000 $145,000 $3,281 3.88%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $145,000 $145,000 $4,639 3.75%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $135,000 $135,000 $2,226 3.50%
    Somerset, KY (FHA|USDA|VA) 1 $125,000 $125,000 $2,560 4.13%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $105,000 $105,000 $1,767 3.25%
    Mount Sterling, KY (FHA|USDA|VA) 1 $105,000 $105,000 $4,446 4.25%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $95,000 $95,000 $0 4.90%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $95,000 $95,000 $2,712 4.00%
    Campbellsville, KY (FHA|USDA|VA) 2 $90,000 $45,000 $3,228 4.41%
    Shelbyville, TN (FHA|USDA|VA) 1 $85,000 $85,000 $2,262 4.13%
    Grand Rapids, MN (FHA|USDA|VA) 1 $85,000 $85,000 $2,791 3.50%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $75,000 $75,000 $2,409 4.75%
    Madison, IN (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.25%
    Republic Bank & Trust Company's top markets include Louisville, Lexington, Tampa, Nashville, and Cincinnati among others.

    Their top states include:
  • Kentucky (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)

    • Similar Lenders

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

    US COMMUNITY
    Similarity Rank: 64
    The Cecilian Bank
    Similarity Rank: 102
    FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY
    Similarity Rank: 122
    MYPOINT Credit Union
    Similarity Rank: 147
    BIRMINGHAM-BLOOMFIELD Credit Union
    Similarity Rank: 159
    Prudential Bank
    Similarity Rank: 162
    CREDIT UNION OF NEW JERSEY
    Similarity Rank: 180
    POWER FINANCIAL
    Similarity Rank: 188
    WEST COMMUNITY
    Similarity Rank: 190
    Christian Community Credit Union
    Similarity Rank: 220

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,877 $617,155,000 $214,513 $2,547 4.41%
    HELOC 1,017 $101,815,000 $100,113 n/a 4.99%
    FHA 130 $21,580,000 $166,000 $5,662 4.04%
    VA 73 $18,745,000 $256,781 $5,039 3.71%
    USDA 11 $2,015,000 $183,182 $4,591 3.60%

    For 2019, Republic Bank & Trust Company's most frequently originated type of loan was Conventional, with 2,877 originations. Their 2nd most popular type was HELOC, with 1,017 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,815 $405,995,000 $223,689 $3,111 4.43%
    Cash Out Refi 808 $131,320,000 $162,525 $2,668 4.66%
    Refi 575 $155,855,000 $271,052 $2,745 4.10%
    Other 527 $41,205,000 $78,188 $1,111 4.86%
    Home Improvement 383 $26,935,000 $70,326 $843 4.88%

    For 2019, Republic Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 1,815 originations. The 2nd most popular reason was Cash Out Refi, with 808 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,832 $435,640,000 $237,795 $3,277 4.23%
    10 Year 1,485 $195,745,000 $131,815 $680 4.96%
    15 Year 527 $76,905,000 $145,930 $2,009 4.36%
    20 Year 142 $19,360,000 $136,338 $1,996 4.31%
    1 Year 43 $11,375,000 $264,535 $1,328 5.56%
    5 Year 42 $1,790,000 $42,619 $586 3.48%
    Other 35 $14,495,000 $414,143 $1,860 5.04%
    30+ year 1 $2,635,000 $2,635,000 $12,210 5.25%
    3 Year 1 $3,365,000 $3,365,000 $0 5.00%

    For 2019, Republic Bank & Trust Company's most frequently cited loan duration was 30 Year, with 1,832 originations. The 2nd most popular length was 10 Year, with 1,485 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,944 $393,770,000 $202,557
    $1k-2k 606 $111,210,000 $183,515
    $2k-3k 81 $21,065,000 $260,062
    $3k-4k 28 $7,360,000 $262,857
    $5k+ 23 $8,035,000 $349,348
    $4k-5k 15 $3,995,000 $266,333

    Republic Bank & Trust Company's average total fees were $3,277, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,944 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,032 $323,430,000 $159,168
    3-4% 1,180 $297,140,000 $251,814
    5-6% 746 $123,560,000 $165,630
    6-7% 89 $9,275,000 $104,213
    2.5-3% 25 $6,185,000 $247,400
    7-8% 19 $1,035,000 $54,474
    <2.5% 8 $640,000 $80,000

    During 2019, Republic Bank & Trust Company's average interest rate for loans was 4.23%, while their most frequently originated rate bucket for loans was 4-5%, with 2,032 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,499 $73,765,000 $49,209 $1,402 4.86%
    $100k-200k 1,298 $188,100,000 $144,915 $2,802 4.47%
    $200k-400k 986 $270,040,000 $273,874 $3,409 4.17%
    $400k-600k 201 $94,945,000 $472,363 $4,117 4.14%
    $600k-1MM 84 $63,090,000 $751,071 $4,334 4.47%
    $1MM+ 40 $71,370,000 $1,784,250 $6,850 4.76%

    2019 saw Republic Bank & Trust Company place emphasis on $100,000 or less loans with 1,499 originations, totaling $73,765,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 782 $71,570,000 $91,522 $2,361 4.62%
    $50k-75k 781 $98,145,000 $125,666 $2,612 4.51%
    $100k-150k 773 $146,445,000 $189,450 $2,927 4.42%
    $75k-100k 545 $77,535,000 $142,266 $2,727 4.46%
    $150k-250k 472 $108,190,000 $229,216 $3,028 4.50%
    $250k+ 330 $133,950,000 $405,909 $3,857 4.45%

    Republic Bank & Trust Company lent most frequently to those with incomes in the $50k or less range, with 782 originations. The second most popular income band? $50k-75k, with 781 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 969 $162,225,000 $167,415 $2,643 4.41%
    30-36% 733 $129,575,000 $176,774 $2,736 4.53%
    <20% 483 $87,005,000 $180,135 $2,754 4.42%
    40% 167 $22,685,000 $135,838 $2,577 4.66%
    42% 161 $24,105,000 $149,720 $2,521 4.70%
    39% 159 $23,675,000 $148,899 $2,721 4.57%
    37% 144 $26,730,000 $185,625 $2,841 4.50%
    38% 141 $22,645,000 $160,603 $2,438 4.59%
    41% 138 $22,320,000 $161,739 $2,465 4.64%
    36% 128 $20,250,000 $158,203 $2,678 4.55%
    43% 86 $14,280,000 $166,047 $2,624 4.26%
    44% 81 $17,925,000 $221,296 $3,347 4.31%
    46% 68 $12,550,000 $184,559 $3,216 4.48%
    45% 53 $9,525,000 $179,717 $3,439 4.30%
    47% 48 $9,560,000 $199,167 $3,233 4.35%
    49% 48 $10,740,000 $223,750 $3,177 4.18%
    50-60% 48 $11,490,000 $239,375 $5,090 4.12%
    48% 43 $8,035,000 $186,860 $3,470 4.28%
    >60% 13 $2,205,000 $169,615 $1,483 4.95%

    Republic Bank & Trust Company lent most frequently to those with DTI ratios of 20-30%, with 969 originations. The next most common DTI ratio? 30-36%, with 733 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,242 $554,530,000 $171,046 $2,745 4.49%
    Not applicable 296 $104,660,000 $353,581 $0 5.02%
    Not provided 171 $39,175,000 $229,094 $3,257 4.31%
    Black 284 $36,920,000 $130,000 $2,665 4.65%
    Asian 77 $18,605,000 $241,623 $3,251 4.43%
    Asian Indian 11 $2,555,000 $232,273 $3,100 4.25%
    Other Asian 8 $2,000,000 $250,000 $3,038 4.68%
    American Indian 14 $1,930,000 $137,857 $2,540 4.56%
    Native Hawaiian or Islander 2 $490,000 $245,000 $4,261 3.81%
    Korean 1 $215,000 $215,000 $2,017 3.88%
    1 $195,000 $195,000 $2,960 3.25%
    Other Pacific Islander 1 $35,000 $35,000 $0 7.50%

    Approval Rates

    Total approvals of all applications
    91.73%

    Republic Bank & Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    63.61%

    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
    0.0 2 $160,000 $80,000
    NA 4,106 $761,150,000 $185,375

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 2 $1,210,000 $605,000
    Multifamily:Site-Built 101 $67,645,000 $669,752
    Single Family (1-4 Units):Manufactured 5 $605,000 $121,000
    Single Family (1-4 Units):Site-Built 4,000 $691,850,000 $172,963

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 611 $66,225,000 $108,388 $1,707 4.82%
    40-60% 451 $88,855,000 $197,018 $2,618 4.36%
    60-80% 964 $252,480,000 $261,909 $3,067 4.28%
    80-100% 1,326 $318,260,000 $240,015 $3,268 4.43%
    Over 100% 16 $6,340,000 $396,250 $9,038 3.86%
    Under 20% 740 $29,150,000 $39,392 $586 4.91%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Republic State Mortgage Co. Conventional home mortgage 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 & Trust Company 100 Highway 676 Frankfort, KY 40601 Full Service B&M $84,898
    Republic Bank & Trust Company 10100 Brookridge Village Blvd Louisville, KY 40291 Full Service B&M $71,509
    Republic Bank & Trust Company 113 Seaboard Lane Franklin, TN 37067 Full Service B&M $29,438
    Republic Bank & Trust Company 11330 Main Street Middletown, KY 40243 Full Service B&M $110,723
    Republic Bank & Trust Company 11502 North 56th Street Temple Terrace, FL 33617 Full Service B&M $34,764
    Republic Bank & Trust Company 12933 Walsingham Road Largo, FL 33774 Full Service B&M $21,840
    Republic Bank & Trust Company 1300 N. Westshore Blvd. Tampa, FL 33607 Full Service B&M $45,803
    Republic Bank & Trust Company 1420 Poplar Level Road Louisville, KY 40213 Full Service B&M $54,764
    Republic Bank & Trust Company 1690 Ring Road Avenue Elizabethtown, KY 42701 Full Service B&M $49,421
    Republic Bank & Trust Company 2020 W. Broadway Louisville, KY 40203 Full Service B&M $5,286
    Republic Bank & Trust Company 2034 Richard Jones Road Nashville, TN 37215 Full Service B&M $23,829
    Republic Bank & Trust Company 2401 Harrodsburg Road Lexington, KY 40504 Full Service B&M $67,672
    Republic Bank & Trust Company 25 Town Center Blvd., Suite 101 Crestview Hills, KY 41017 Full Service B&M $23,288
    Republic Bank & Trust Company 2801 Bardstown Road Louisville, KY 40205 Full Service B&M $93,121
    Republic Bank & Trust Company 3001 Charlestown Crossing Way Ste 5 New Albany, IN 47150 Full Service B&M $50,371
    Republic Bank & Trust Company 3098 Helmsdale Lexington, KY 40509 Full Service B&M $35,096
    Republic Bank & Trust Company 3141 Highway 62 Jeffersonville, IN 47130 Full Service B&M $31,322
    Republic Bank & Trust Company 333 West Vine Street, Suite 10240507 Lexington, KY 40507 Full Service Retail $62,532
    Republic Bank & Trust Company 3332 Villa Point Owensboro, KY 42303 Full Service B&M $14,609
    Republic Bank & Trust Company 35 Village Plaza Shelbyville, KY 40065 Full Service B&M $73,583
    Republic Bank & Trust Company 3500 Frederica Street Owensboro, KY 42301 Full Service B&M $46,026
    Republic Bank & Trust Company 3608 Walden Drive Lexington, KY 40517 Full Service B&M $37,979
    Republic Bank & Trust Company 3726 Lexington Road Louisville, KY 40207 Full Service B&M $73,250
    Republic Bank & Trust Company 3811 Ruckriegel Pkwy Louisville, KY 40299 Full Service B&M $64,131
    Republic Bank & Trust Company 3902 Taylorsville Road Louisville, KY 40220 Full Service B&M $48,694
    Republic Bank & Trust Company 3950 Kresge Way St. Matthews, KY 40207 Full Service B&M $34,500
    Republic Bank & Trust Company 4030 Smith Road Cincinnati, OH 45209 Full Service B&M $82,281
    Republic Bank & Trust Company 430 Connector Road Georgetown, KY 40324 Full Service B&M $17,648
    Republic Bank & Trust Company 438 Highway 44 East Shepherdsville, KY 40165 Full Service B&M $35,377
    Republic Bank & Trust Company 4571 Duffy Road Floyds Knobs, IN 47119 Full Service B&M $24,595
    Republic Bank & Trust Company 4808 Outer Loop Louisville, KY 40219 Full Service B&M $59,922
    Republic Bank & Trust Company 4921 Old Brownsboro Road Louisville, KY 40222 Full Service B&M $70,807
    Republic Bank & Trust Company 5125 New Cut Road Louisville, KY 40214 Full Service B&M $24,900
    Republic Bank & Trust Company 5320 Dixie Highway Louisville, KY 40216 Full Service B&M $58,663
    Republic Bank & Trust Company 535 Madison Ave. Covington, KY 41011 Full Service B&M $29,628
    Republic Bank & Trust Company 601 West Market Street Louisville, KY 40202 Full Service B&M $655,340
    Republic Bank & Trust Company 6300 4th Street North Saint Petersburg, FL 33702 Full Service B&M $125,381
    Republic Bank & Trust Company 641 East Euclid Ave Lexington, KY 40502 Full Service B&M $30,768
    Republic Bank & Trust Company 6600 Central Avenue Saint Petersburg, FL 33707 Full Service B&M $65,829
    Republic Bank & Trust Company 661 South Hurstborne Parkway Louisville, KY 40223 Full Service B&M $872,939
    Republic Bank & Trust Company 7800 Seminole Boulevard Seminole, FL 33772 Full Service B&M $38,771
    Republic Bank & Trust Company 8513 Ushwy 42 Florence, KY 41042 Full Service B&M $47,661
    Republic Bank & Trust Company 9037 U.S. Highway 19 North Port Richey, FL 34668 Full Service B&M $53,578
    Republic Bank & Trust Company 9101 Ushwy 42 Prospect, KY 40059 Full Service B&M $68,943
    Republic Bank & Trust Company 9600 Brownsboro Rd Louisville, KY 40241 Full Service B&M $165,915

    For 2019, Republic Bank & Trust Company had 45 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $280,511
    Net interest income $237,369
    Total noninterest income $75,208
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $14,115
    Trading account gains and fees $369
    Additional Noninterest Income $60,724
    Pre-tax net operating income $113,592
    Securities gains (or losses, -) $77
    Income before extraordinary items $90,976
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $90,976
    Minority interest net income $0
    Net income $90,976
    Sale, conversion, retirement of capital stock, net $1,985
    Net operating income $90,914

    Republic Bank & Trust Company's gross interest income from loans was $280,511,000.
    Republic Bank & Trust Company's net interest income from loans was $237,369,000.
    Republic Bank & Trust Company's fee based income from loans was $14,115,000.
    Republic Bank & Trust Company's net income from loans was $90,976,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $43,142
    Provision for credit losses $25,758
    Total noninterest expense $173,227
    Salaries and employee benefits $98,770
    Premises and equipment expense $26,178
    Additional noninterest expense $48,279
    Applicable income taxes $22,693
    Net charge-offs $27,082
    Cash dividends $23,200

    Republic Bank & Trust Company's interest expense for loans was $43,142,000.
    Republic Bank & Trust Company's payroll and benefits expense were $98,770,000.
    Republic Bank & Trust Company's property, plant and equipment expenses $26,178,000.

    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 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 $3,887,010
    Deposits held in domestic offices $3,887,010
    Deposits by Individuals, partnerships, and corporations $3,757,082
    Deposits by U.S. Government $5
    Deposits by States and political subdivisions in the U.S. $99,734
    Deposits by Commercial banks and other depository institutions in U.S. $30,189
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $41,548
    Demand deposits $27,493
    Nontransaction accounts $3,845,462
    Money market deposit accounts (MMDAs) $2,834,929
    Other savings deposits (excluding MMDAs) $276,591
    Total time deposits $733,943
    Total time and savings deposits $3,859,517
    Noninterest-bearing deposits $1,131,835
    Interest-bearing deposits $2,755,175
    Retail deposits $3,514,927
    IRAs and Keogh plan accounts $55,642
    Brokered deposits $274,170
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $5,611,084
    Cash & Balances due from depository institutions $381,870
    Interest-bearing balances $304,985
    Total securities $533,073
    Federal funds sold & reverse repurchase $0
    Net loans and leases $4,421,623
    Loan and leases loss allowance $43,351
    Trading account assets $5,062
    Bank premises and fixed assets $81,002
    Other real estate owned $113
    Goodwill and other intangibles $22,657
    All other assets $165,684

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $5,611,084
    Total Liabilities $4,911,178
    Total deposits $3,887,010
    Interest-bearing deposits $2,755,175
    Deposits held in domestic offices $3,887,010
    % insured (estimated) $64
    Federal funds purchased and repurchase agreements $167,617
    Trading liabilities $55
    Other borrowed funds $786,530
    Subordinated debt $0
    All other liabilities $69,966

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $4,421,623
    Loan and leases loss allowance $43,351
    Total loans and leases (domestic) $4,464,974
    All real estate loans $2,983,483
    Real estate loans in domestic offices $2,983,483
    Construction and development loans $159,702
    Residential 1-4 family construction $19,204
    Other construction, all land development and other land $140,498
    Loans secured by nonfarm nonresidential properties $1,131,188
    Nonfarm nonresidential secured by owner-occupied properties $523,971
    Commercial real estate & other non-farm, non-residential $607,217
    Multifamily residential real estate $156,445
    1-4 family residential loans $1,520,781
    Farmland loans $15,367
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $414,006
    To non-U.S. addressees $0
    Loans to individuals $252,106
    Credit card loans $17,836
    Related Plans $84,144
    Consumer Auto Loans $52,923
    Other loans to individuals $97,203
    All other loans & leases $815,379
    Loans to foreign governments and official institutions $0
    Other loans $756,965
    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 $20,633
    Non 1-4 family restructured loans & leases $5,547
    Total loans and leases (foreign) $0

    Republic Bank & Trust Company had $4,421,623,000 of loans outstanding in 2019. $2,983,483,000 of loans were in real estate loans. $159,702,000 of loans were in development loans. $156,445,000 of loans were in multifamily mortgage loans. $1,520,781,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $17,836,000 of loans were in credit card loans. $52,923,000 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 1,520 $400,236 $263,313
    Nonfarm, nonresidential loans - <$100k 178 $8,507 $47,792
    Nonfarm, nonresidential loans - $100-250k 513 $66,980 $130,565
    Nonfarm, nonresidential loans - $250k-1MM 829 $324,749 $391,736
    Commercial & Industrial, US addressed loans - <$1MM 1,220 $160,775 $131,783
    Commercial & Industrial, US addressed loans - <$100k 519 $15,102 $29,098
    Commercial & Industrial, US addressed loans - $100-250k 382 $42,974 $112,497
    Commercial & Industrial, US addressed loans - $250k-1MM 319 $102,699 $321,940
    Farmland loans - <$1MM 16 $2,147 $134,188
    Farmland loans - <$100k 5 $233 $46,600
    Farmland loans - $100-250k 6 $694 $115,667
    Farmland loans - $250k-1MM 5 $1,220 $244,000