Vitals
  • Total Assets
    5.2B -16.7 %
  • Total Deposits
    2.7B -11.2 %
  • Total Net Loans
    3.5B -25.4 %
  • Net Income
    11.5M -35.1 %
  • Book Value
    450.2M -0.3 %
  • Book Value x2
    900.4M -0.3 %
  • Book Value x3
    1.4B -0.3 %
ROAA

.87

ROAE

10.284

Efficiency Ratio

41.666

Net Interest Margin

3.189

Balance Sheet Highlights
Financial Highlights Republic Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 5,185,804 248,145
Total Net Loans 3,528,097 218,843
Total Deposits 2,748,013 202,218
Total Equity 450,199 25,422
Profitability
Net Income 11,485 4,267
Return on Average Assets .87 1.256
Return on Average Equity 10.284 9.388
Net Interest Margin 3.189 4.022
Efficiency Ratio 41.666 70.315
Noninterest Income/Revenue 8.103 11.781
Balance Sheet Ratios
Loan-to-Deposit 128.387 90.685
Securities/Assets .225 .848
Total Equity/Total Assets .087 .102
Tangible Equity/Tangible Assets .065 -.296
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 338,242 22,979
Tier 2 Capital 44,891 2,931
Total Capital 383,133 25,175
Total Risk Weighted Assets 3,605,543 191,943
Leverage Ratio 6.53 10.349
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.38 14.212
Total Capital Ratio 10.63 15.363

Timeline for Republic Bank

Citizens Bank

Republic Bank was acquired by Citizens Bank 17 years

View Profile Apr 28 2007

Citizens Republic Bancorp, Inc.

Citizens Republic Bancorp, Inc. became a new parent organization for Republic Bank.

View Profile Dec 30 2006

Republic Bank Real Estate Finance, Llc

Republic Bank Real Estate Finance, Llc became a new subsidiary organization for Republic Bank.

View Profile Feb 01 2002

Republic Management Company, Inc.

Republic Management Company, Inc. became a new subsidiary organization for Republic Bank.

View Profile Feb 01 2002

D&N Bank

Acquisition: Republic Bank acquired a new subsidiary, D&N Bank, 23 years

View Profile Dec 01 2000

Want to see more?

Complete timeline for Republic Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Citizens Bank Buyer 9,309,422 Pooling of Interests Discontinued 4/28/2007
D&N Bank Seller 1,852,202 Pooling of Interests Discontinued 12/1/2000
Republic Savings Bank Seller 551,827 Pooling of Interests Discontinued 1/1/1999
Republic Bank Ann Arbor Seller 57,037 Discontinued 10/1/1993
Republic Bank-North Seller 67,219 Discontinued 10/1/1993
Republic Bank Seller 199,011 Discontinued 10/1/1993
Republic Bank S.E. Seller 70,818 Discontinued 10/1/1993
Republic Bank - Central Seller 90,921 Discontinued 10/1/1993
Michigan Bank - Mid South Seller 40,899 Discontinued 10/1/1988
Relationships Role Relationship Start Relationship End
Citizens Republic Bancorp, Inc. Parent 12/30/2006 4/27/2007
Republic Bancorp Inc. Parent 4/1/1993 12/29/2006
Premier Bancorporation, Inc. Parent 9/30/1988 3/31/1993
Michigan National Corporation Parent 9/17/1981 9/29/1988
Quincy Investment Services Inc. Subsidary 5/17/1999 4/27/2007
Republic Bank Real Estate Finance, Llc Subsidary 2/1/2002 4/27/2007
Republic Management Company, Inc. Subsidary 2/1/2002 4/27/2007
Cas Properties, Inc. Subsidary 1/1/1999 11/26/2003
D&N Capital Corporation Subsidary 12/1/2000 11/15/2002
Market Street Mortgage Corporation Subsidary 7/1/1997 6/28/2001
Republic Banc Mortgage Corporation Subsidary 3/1/1996 1/1/2001
Cub Funding Corporation Subsidary 3/1/1996 5/30/1999
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