The Republic Banking Company

Headquarters

202 Washington Street
Republic, OH 44867
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.20% 1.05% →
2-Year CD 0.30% 1.11% →
5-Year CD 0.50% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

The Republic Banking Company is an FDIC insured institution located in Republic, OH. It was founded in 1906 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 9865
Date Established 1906
Assets $ 50.03 million
Loans $ 43.35 million
Deposits $ 39.39 million
Capital $ 7.99 million
 

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

Deposit Rates - August 8, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $25 - Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $500 - Learn More
6 Mo CD
0.10% $500 - Learn More
Special: 9 Mo CD
0.30% $500 - Learn More
12 Mo CD
0.20% $500 - Learn More
Special: 13 Mo CD
0.30% $500 - Learn More
18 Mo CD
0.25% $500 - Learn More
24 Mo CD
0.30% $500 - Learn More
30 Mo CD
0.35% $500 - Learn More
36 Mo CD
0.40% $500 - Learn More
48 Mo CD
0.45% $500 - Learn More
60 Mo CD
0.50% $500 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 - Learn MoreShow Less

Loan Rates - August 8, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Republic Banking Company

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

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Payment
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NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
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License#: MC-3098
2.914% 2.875% 0.50 $1,250 $1,038 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.758% 2.690% 0.88 $2,244 $1,013 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to The Republic Banking Company
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Branches

The Republic Banking Company 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:
Ashburn,Virginia


The Republic Banking Company Locations


Financial Details

The Republic Banking Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Republic Banking Company. 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
The Republic Banking Company U.S. Bank Average
19.63% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, The Republic Banking Company had $1,603,000 in non-current loans and $64,000 in owned real estate. To cover these potential losses it had $7,985,000 in equity and $508,000 in loans loss reserves. That gives it a Texas Ratio of 19.63%.

Return on Equity
The Republic Banking Company U.S. Bank Average
10.38% 7.80%

The Republic Banking Company has a Return on Equity of 10.38% versus the BestCashCow average of 7.80%. 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
The Republic Banking Company U.S. Bank Average
15.96% 12.68%

The Republic Banking Company has a Capitalization of 15.96% versus the BestCashCow average of 12.68. 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.

The Republic Banking Company Balance Sheet Analysis

As of March 31, 2020, The Republic Banking Company had assets of $50,032,000, loans of $43,353,000, and deposits of $39,393,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 2.08 million
Interest-bearing balances $ 0.49 million
Total securities $ 2.68 million
Federal funds sold and reverse repurchase $ 0.92 million
Net loans and leases $ 43.35 million
Loan loss allowance $ 0.51 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.06 million
Goodwill and other intangibles N.A.
All other assets $ 0.64 million
     Total Assets $ 42.05 million
LIABILITIES
Total deposits $ 39.39 million
      Interest-bearing deposits $ 33.01 million
      Deposits held in domestic offices $ 39.39 million
      % insured (estimated) 82.22%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.50 million
Subordinated debt N.A.
All other liabilities $ 0.15 million
      Total Liabilities $ 42.05 million
      Shareholders’ Equity $ 7.99 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.59 million
Total Interest Expense $ 0.07 million
Net interest income $ 0.52 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.02 million
Total non interest expense $ 0.26 million
Pre-tax Net Operating Income $ 0.29 million

Bank Loan Profile?

The top three loan types in The Republic Banking Company’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks, The Republic Banking Company’s loan portfolio does not show any specific loan specialty.

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 46.96
Multifamily
Mortgages
0.40
Credit Card Loans 0.00
Consumer Auto Loans 5.96
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 5.99
Commercial and Industrial Loans 6.83
Farm Loans 2.99

Frequently Asked Questions About The Republic Banking Company

Branches and Savings

Is The Republic Banking Company FDIC insured?

Yes. It is covered under FDIC Certificate #9865.

Why does The Republic Banking Company pay such low interest on savings accounts?

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

Why are The Republic Banking Company CD rates not competitive?

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

Is The Republic Banking Company a commercial bank?

Yes

Where are The Republic Banking Company locations?

See branch locations nearby.

Is The Republic Banking Company open on Saturdays?

Is The Republic Banking Company open on Sundays?

What time does The Republic Banking Company open?

What time does The Republic Banking Company close?

Are The Republic Banking Company ATMs Open 24/7?

Do The Republic Banking Company ATMs accept cash deposits?

Can The Republic Banking Company customers use other ATMs?

Do The Republic Banking Company branches have notaries?

Will The Republic Banking Company notarize my document?

What address for The Republic Banking Company should I put for incoming ACH transfers?

Will the The Republic Banking Company branch print checks?

Do The Republic Banking Company checks expire?

Does The Republic Banking Company require US citizenship to open account?

Can The Republic Banking Company close my account?

Does The Republic Banking Company Report to credit bureaus?

Does The Republic Banking Company Use Equifax?

What is The Republic Banking Company's ACH Routing Number?

What is The Republic Banking Company's SWIFT code?

Products

Does The Republic Banking Company offer mortgages?

Compare mortgage rates here.

Does The Republic Banking Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Republic Banking Company offer personal loans?

Compare personal loan rates here.

Does The Republic Banking Company offer student loans?

Will The Republic Banking Company cash a check?

Will The Republic Banking Company redeem a savings bond?

Does The Republic Banking Company cash savings bonds?

Will The Republic Banking Company cash money orders?

Can The Republic Banking Company issue a money order?

Does The Republic Banking Company do currency exchange?

Background on The Bank

Who owns The Republic Banking Company?

How long has The Republic Banking Company been around?

Can The Republic Banking Company transfer to other banks?

Does The Republic Banking Company have quick pay?

Does The Republic Banking Company accept rolled coins?

Will The Republic Banking Company accept loose change?

Where is The Republic Banking Company headquarters?

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