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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