XML 64 R47.htm IDEA: XBRL DOCUMENT
v3.24.0.1

STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL MATTERS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL MATTERS |
Schedule of compliance with regulatory capital requirements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Minimum Requirement |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | to be Well Capitalized |
​ | ​ | ​ | ​ | ​ | ​ | ​ | Minimum Requirement | ​ | Under Prompt |
​ | ​ | ​ | ​ | ​ | ​ | ​ | for Capital Adequacy | ​ | Corrective Action |
​ | ​ | Actual | ​ | Purposes | ​ | Provisions |
(dollars in thousands) |  | Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
As of December 31, 2023 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total capital to risk-weighted assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Republic Bancorp, Inc. | ​ | $ | 968,844 |  | 16.10 | % | $ | 481,522 |  | 8.00 | % | ​ | NA |  | NA | ​
Republic Bank & Trust Company | ​ |  | 931,923 |  | 15.50 | ​ |  | 481,147 |  | 8.00 | ​ | $ | 601,433 |  | 10.00 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Common equity tier 1 capital to risk-weighted assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Republic Bancorp, Inc. | ​ |  | 893,658 |  | 14.85 | ​ |  | 270,856 |  | 4.50 | ​ |  | NA |  | NA | ​
Republic Bank & Trust Company | ​ |  | 856,744 |  | 14.25 | ​ |  | 270,645 |  | 4.50 | ​ |  | 390,932 |  | 6.50 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tier 1 (core) capital to risk-weighted assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Republic Bancorp, Inc. | ​ |  | 893,658 |  | 14.85 | ​ |  | 361,141 |  | 6.00 | ​ |  | NA |  | NA | ​
Republic Bank & Trust Company | ​ |  | 856,744 |  | 14.25 | ​ |  | 360,860 |  | 6.00 | ​ |  | 481,147 |  | 8.00 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tier 1 leverage capital to average assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Republic Bancorp, Inc. | ​ |  | 893,658 |  | 13.89 | ​ |  | 257,442 |  | 4.00 | ​ |  | NA |  | NA | ​
Republic Bank & Trust Company | ​ |  | 856,744 |  | 13.25 | ​ |  | 258,697 |  | 4.00 | ​ |  | 323,371 |  | 5.00 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Minimum Requirement |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | to be Well Capitalized |
​ | ​ | ​ | ​ | ​ | ​ | ​ | Minimum Requirement | ​ | Under Prompt |
​ | ​ | ​ | ​ | ​ | ​ | ​ | for Capital Adequacy | ​ | Corrective Action |
​ | ​ | Actual | ​ | Purposes | ​ | Provisions |
(dollars in thousands) |  | Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
As of December 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total capital to risk-weighted assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Republic Bancorp, Inc. | ​ | $ | 941,865 |  | 17.92 | % | $ | 420,514 |  | 8.00 | % | ​ | NA |  | NA | ​
Republic Bank & Trust Company | ​ |  | 904,592 |  | 17.23 | ​ |  | 420,040 |  | 8.00 | ​ | $ | 525,050 |  | 10.00 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Common equity tier 1 capital to risk-weighted assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Republic Bancorp, Inc. | ​ |  | 877,735 |  | 16.70 | ​ |  | 236,539 |  | 4.50 | ​ |  | NA |  | NA | ​
Republic Bank & Trust Company | ​ |  | 840,462 |  | 16.01 | ​ |  | 236,273 |  | 4.50 | ​ |  | 341,283 |  | 6.50 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tier 1 (core) capital to risk-weighted assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Republic Bancorp, Inc. | ​ |  | 877,735 |  | 16.70 | ​ |  | 315,386 |  | 6.00 | ​ |  | NA |  | NA | ​
Republic Bank & Trust Company | ​ |  | 840,462 |  | 16.01 | ​ |  | 315,030 |  | 6.00 | ​ |  | 420,040 |  | 8.00 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tier 1 leverage capital to average assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Republic Bancorp, Inc. | ​ |  | 877,735 |  | 14.81 | ​ |  | 237,106 |  | 4.00 | ​ |  | NA |  | NA | ​
Republic Bank & Trust Company | ​ |  | 840,462 |  | 14.09 | ​ |  | 238,578 |  | 4.00 | ​ |  | 298,222 |  | 5.00 | ​
​

X
- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480696/942-505-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480696/942-505-50-1B + Details
Name: | us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration