Republic Bank & Trust

Financial Highlights

Financial Highlights
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 5,620,319 5,240,404 5,085,362 4,816,309 4,230,289
Total Net Loans 4,421,268 4,125,361 3,988,254 3,793,028 3,303,716
Total Deposits 3,786,008 3,456,145 3,433,158 3,160,692 2,487,477
Equity Attributable to Parent Company 764,244 689,934 632,051 604,406 576,547
Total Equity 764,244 689,934 632,051 604,406 576,547
Profitability (%)
Net Income($000) 91,699 77,852 45,632 45,903 35,166
Net Income Attributable to Parent($000) 91,699 77,852 45,632 45,903 35,166
ROAA 1.64 1.52 0.95 1.02 0.88
Core ROAA 1.53 1.52 1.08 1.05 0.88
ROAE 12.49 11.67 7.26 7.68 6.12
ROATCE 12.80 12 7.49 7.89 6.23
Core ROAE 11.62 11.71 8.31 7.92 6.11
Net Interest Margin 4.46 4.62 4.32 3.65 3.27
Reported: Net Interest Margin 4.46 4.62 4.32 3.65 3.27
Efficiency Ratio 56.77 56.62 58.75 59.74 65.40
Noninterest Inc/ Operating Rev 21.91 21.75 22.86 26.84 27.99
Balance Sheet Ratios (%)
Loans/ Deposits 117.09 120.02 116.92 120.57 133.73
Securities/ Assets 10.83 11.35 12.30 11.69 13.82
Total Equity/ Total Assets 13.60 13.17 12.43 12.55 13.63
Tangible Equity/ Tangible Assets 13.34 12.88 12.13 12.23 13.42
Tang Common Equity/ Tang Assets 13.34 12.88 12.13 12.23 13.42
Asset Quality (%)
NPAs/ Assets 0.79 0.78 0.84 1.02 1.42
NPA Excl Restructured/ Assets 0.42 0.31 0.28 0.36 0.54
NPAs & 90+ PD/ Assets 0.79 0.78 0.85 1.02 1.42
NPAs/ Loans & REO 0.99 0.98 1.05 1.28 1.80
Nonaccrual & 90+ & OREO/ Assets 0.42 0.31 0.30 0.36 0.55
NPAs & 90+ PD/ Loans & REO 1 0.98 1.08 1.28 1.81
NPA & Loans 90+/ Tangible Common Equity + LLR 5.63 5.71 6.61 7.93 10.15
NCOs/ Avg Loans 0.61 0.72 0.47 0.25 0.07
Loan Loss Reserves/ Gross Loans 0.97 1.07 1.06 0.86 0.83
Reserves/ NPAs 97.73 109.33 100.61 67.17 45.79
Loan Loss Provision/ NCO 95.11 106.47 155.16 159.90 233.09
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 742,636 673,052 612,315 584,530 564,329
Tier 1 Capital($000) 782,636 713,052 651,600 622,988 604,329
Tier 2 Capital($000) 43,351 44,675 42,769 32,920 27,491
Total Capital($000) 825,987 757,727 694,369 655,908 631,820
Total Risk-weighted Assets($000) 4,856,573 4,511,384 4,327,700 4,006,523 3,074,571
Tier 1 Common Capital (CET1) Ratio(%) 15.29 14.92 14.15 14.59 18.39
Tier 1 Ratio(%) 16.11 15.81 15.06 15.55 19.69
Total Capital Ratio(%) 17.01 16.80 16.04 16.37 20.58
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 13.93 14.11 13.21 13.54 14.82
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 20,942,857 20,887,749 20,848,962 20,859,972 20,897,091
Avg Diluted Shares(actual) 21,135,000 21,065,000 21,007,000 20,954,000 20,942,000
Basic Book Value per Share 36.49 33.03 30.32 28.97 27.59
Book Value per Share, As Reported 36.49 33.03 30.31 28.97 27.59
Basic Tangible Book Value per Share 35.69 32.22 29.49 28.14 27.10
Tangible Book Value per Share, As Reported 35.41 31.98 29.25 27.89 26.87
Common Dividends Declared per Share 1.06 0.97 0.87 0.83 0.78
EPS after Extra 4.39 3.74 2.20 2.22 1.70
EPS after Extra Growth(%) 17.40 70 (0.90) 30.60 23.20
Core EPS 4.09 3.75 2.52 2.29 1.70
Core EPS Growth(%) 8.90 49.10 9.90 34.90 22.90
Diluted EPS before Amortization 4.40 3.75 2.21 2.23 1.70
Pre-Provision Earnings per Share 4.94 4.77 3.33 2.69 1.84
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.