The Republic Banking Company in Republic, Ohio (OH)



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The Republic Banking Company routing number info

Table of contents:
The Republic Banking Company
GeneralFDIC Certificate #: 9865
Status: Active
Federal Reserve ID: 148920
Date Established: January 01, 1906
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 15680
FDIC's unique #: 6309
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 202 Washington Street, Republic, OH 44867
County: Seneca
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Columbus
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Combined Statistical Area (CSA): Findlay-Tiffin, OH (#248)
Core Based Statistical Area (CBSA): Tiffin, OH (#45660)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $38.5 mil
Equity capital: $5.3 mil
Deposits held in domestic offices: $32.2 mil
Return on assets (ROA): 0.86% ($0.3 mil)
Quarterly return on assets: -0.56% (-$0.2 mil)
Return on Equity (ROE): 6.13% ($0.3 mil)
Quarterly return on equity: -3.97% (-$0.2 mil)
Net income: $0.3 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: 1.48% ($570.4 mil)
Quarterly Pretax return on assets: 0.43% ($165.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)7
Total assets$38,540
Cash and due from depository institutions$1,501
Interest-bearing balances$0
Securities$2,718
Federal funds sold & reverse repurchase agreements$2,747
Net loans & leases$30,471
Loan loss allowance $251
Trading account assets$0
Bank premises and fixed assets$426
Other real estate owned$43
Goodwill and other intangibles$0
All other assets$634
Life insurance assets$38,540
Total liabilities and capital$33,199
Total liabilities$32,192
Total deposits$26,773
Interest-bearing deposits$32,192
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$750
Other borrowed funds $0
Subordinated debt $257
All other liabilities $5,341
Total equity capital$5,341
Total bank equity capital$5,341
Perpetual preferred stock$0
Common stock$240
Surplus$350
Undivided profits $4,751
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $859
Earning assets $0
Long-term assets (5+ years) $262
Average Assets, year-to-date $35,936
Average Assets, quarterly $3,409
Volatile liabilities $37,822
Insider loans $38,469
FHLB advances $26,324
Loans and leases held for sale $38,627
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,346
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,421
Derivatives$292
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,772
Total interest expense $290
Net interest income $1,482
Provision for loan and lease losses $79
Total noninterest income $90
Fiduciary activities $0
Service charges on deposit accounts $9
Trading account gains & fees $0
Additional noninterest income $81
Total noninterest expense $935
Salaries and employee benefits $377
Premises and equipment expense $99
Additional noninterest expense $459
Pre-tax net operating income $558
Securities gains (losses) $0
Applicable income taxes $232
Income before extraordinary items $326
Extraordinary gains - net $0
Net income attributable to bank $326
Net charge-offs $0
Cash dividends $326
Sale, conversion, retirement of capital stock, net $146
Net operating income $144
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.04%
Cost of funding earning assets 0.82%
Net interest margin 4.21%
Noninterest income to earning assets 0.26%
Noninterest expense to earning assets 2.66%
Net operating income to assets 0.86%
Return on assets (ROA) 0.86%
Pretax return on assets 1.48%
Return on equity (ROE) 6.13%
Retained earnings to average equity (YTD only) 3.42%
Net charge-offs to loans 0.48%
Credit loss provision to net charge-offs 54.11%
Efficiency ratio4.36%
Assets per employee$59,478
Cash dividends to net income (YTD only)5.51%
Condition Ratios (%)
Loss allowance to loans 44.17%
Loss allowance to noncurrent loans 0.82%
Noncurrent assets plus other real estate owned to assets 29.22%
Noncurrent loans to loans 2.34%
Net loans and leases to deposits2.80%
Net loans and leases to core deposits 94.65%
Equity capital to assets 106.53%
Core capital (leverage) ratio 13.86%
Tier 1 risk-based capital ratio 13.84%
Total risk-based capital ratio 20.31%
Memoranda
Average assets$21
Average earning assets$37,822
Average equity $5,319
Average loans $35,185
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1 Ohio Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06309The Republic Banking Company202 Washington Street, Republic, OH 44867January 01, 1906Full Service Brick and Mortar
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