Republic Bank
Lansing, MI — Domestic Branch of a Domestic Bank
Acquired Apr 2007
Estimated Tax Benefit from Tax-Exempt Loan Income Over Time
| Estimated Tax Benefit from Tax-Exempt Loan Income | Republic Bank | All Insured Commercial Banks in Michigan |
| 03-31-2007 | 44,039 | |
| 12-31-2006 | 145,864 | |
| 09-30-2006 | 2,000 | 102,914 |
| 06-30-2006 | 2,000 | 70,844 |
| 03-31-2006 | 1,000 | 36,534 |
| 12-31-2005 | 5,000 | 124,258 |
| 09-30-2005 | 4,000 | 91,495 |
| 06-30-2005 | 2,000 | 62,242 |
| 03-31-2005 | 1,000 | 30,890 |
| 12-31-2004 | 9,000 | 118,424 |
| 09-30-2004 | 8,000 | 91,552 |
| 06-30-2004 | 5,000 | 62,326 |
| 03-31-2004 | 2,000 | 33,607 |
| 12-31-2003 | 10,000 | 157,568 |
| 09-30-2003 | 8,000 | 88,293 |
| 06-30-2003 | 5,000 | 59,707 |
| 03-31-2003 | 3,000 | 29,148 |
| 12-31-2002 | 11,000 | 116,711 |