Republic Bank of Arizona

645 E. Missouri Avenue
Phoenix, AZ 85012

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58271
Date Established 2007
Assets $0.12 billion
Loans $0.06 billion
Deposits $0.10 billion
Capital $0.01 billion

Republic Bank of Arizona is an FDIC insured institution located in Phoenix, AZ. It was founded in 2007 and has approximately $0.12 billion in assets.

For a more detailed analysis of Republic Bank of Arizona's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Republic Bank of Arizona’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Arizona, Republic Bank of Arizona has a significantly higher percent of Small Business Loans, Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 15.43
Multifamily
Mortgages
3.64
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 40.00
Construction and Development Loans 11.77
Commercial Real Estate 57.81
Commercial and Industrial Loans 13.52
Farm Loans 0.00

Deposit Rates - December 13, 2018

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.50% $1,000 $9,999 Learn MoreShow Less
Money Market
0.85% $10,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $1,000 $99,999 Learn MoreShow Less
6 Mo CD
1.55% $1,000 $99,999 Learn MoreShow Less
12 Mo CD
2.05% $1,000 $99,999 Learn MoreShow Less
2.35% $1,000 $99,999 Learn MoreShow Less
2.52% $1,000 $99,999 Learn MoreShow Less
2.60% $1,000 $99,999 Learn MoreShow Less
48 Mo CD
2.55% $1,000 $99,999 Learn MoreShow Less
60 Mo CD
2.75% $1,000 $99,999 Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.00% $1,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.35% $1,000 - Learn MoreShow Less

Loan Rates - December 13, 2018

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Republic Bank of Arizona

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
HSBC Bank USA N.A.
NMLS ID: 399799
4.443% 4.375% 0.38 $2,118 $1,249 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More

Note to Republic Bank of Arizona
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Republic Bank of Arizona branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Republic Bank of Arizona Locations

Financial Details

Republic Bank of Arizona Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Republic Bank of Arizona. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Republic Bank of Arizona U.S. Bank Average
0% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, Republic Bank of Arizona had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $14,445,000 in equity and $1,373,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Republic Bank of Arizona U.S. Bank Average
8.63% 9.77%

Republic Bank of Arizona has a Return on Equity of 8.63% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Republic Bank of Arizona U.S. Bank Average
12.38% 12.31%

Republic Bank of Arizona has a Capitalization of 12.38% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Republic Bank of Arizona Balance Sheet Analysis

As of June 30, 2018, Republic Bank of Arizona had assets of $116,635,000, loans of $63,357,000, and deposits of $101,624,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.02 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.06 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.10 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.10 billion
      % insured (estimated) 54.16%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.10 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $-0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Republic Bank Of Arizona

Branches and Savings

Is Republic Bank Of Arizona FDIC insured?

Yes. It is covered under FDIC Certificate #58271.

Why does Republic Bank Of Arizona pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Republic Bank Of Arizona CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Republic Bank Of Arizona a commercial bank?

Yes

Where are Republic Bank Of Arizona locations?

See branch locations nearby.

Is Republic Bank Of Arizona open on Saturdays?

Is Republic Bank Of Arizona open on Sundays?

What time does Republic Bank Of Arizona open?

What time does Republic Bank Of Arizona close?

Are Republic Bank Of Arizona ATMs Open 24/7?

Do Republic Bank Of Arizona ATMs accept cash deposits?

Can Republic Bank Of Arizona customers use other ATMs?

Do Republic Bank Of Arizona branches have notaries?

Will Republic Bank Of Arizona notarize my document?

What address for Republic Bank Of Arizona should I put for incoming ACH transfers?

Will the Republic Bank Of Arizona branch print checks?

Do Republic Bank Of Arizona checks expire?

Does Republic Bank Of Arizona require US citizenship to open account?

Can Republic Bank Of Arizona close my account?

Does Republic Bank Of Arizona Report to credit bureaus?

Does Republic Bank Of Arizona Use Equifax?

What is Republic Bank Of Arizona's ACH Routing Number?

What is Republic Bank Of Arizona's SWIFT code?

Products

Does Republic Bank Of Arizona offer mortgages?

Compare mortgage rates here.

Does Republic Bank Of Arizona offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Republic Bank Of Arizona offer personal loans?

Compare personal loan rates here.

Does Republic Bank Of Arizona offer student loans?

Will Republic Bank Of Arizona cash a check?

Will Republic Bank Of Arizona redeem a savings bond?

Does Republic Bank Of Arizona cash savings bonds?

Will Republic Bank Of Arizona cash money orders?

Can Republic Bank Of Arizona issue a money order?

Does Republic Bank Of Arizona do currency exchange?

Background on The Bank

Who owns Republic Bank Of Arizona?

How long has Republic Bank Of Arizona been around?

Can Republic Bank Of Arizona transfer to other banks?

Does Republic Bank Of Arizona have quick pay?

Does Republic Bank Of Arizona accept rolled coins?

Will Republic Bank Of Arizona accept loose change?

Where is Republic Bank Of Arizona headquarters?

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*All images, logos and public notes on this page appear courtesy of Republic Bank Of Arizona and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.