# NEW REPUBLIC BANK
ROANOKE RAPIDS, NC · FDIC certificate 34860 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $176.3M | |
| Deposits | $138.0M | |
| Loans and leases | $120.4M | |
| Total equity | $37.1M | |
| Loans / deposits | 86.32% (p73 of band) | 73.59% |
| Liquid assets / assets | 27.68% (p38 of band) | |
| Uninsured deposits / deposits | 28.30% (p78 of band) | 19.81% |
| Brokered deposits | 3.40% | |
| Wholesale funding | 3.40% (p66 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 15.81% (p81 of band) | 11.76% |
| Unrealized securities loss / equity | -0.47% (p83 of band) | -6.57% |
| AOCI / equity | -0.46% (p46 of band) | |
| ROA (annualized) | 1.88% (p83 of band) | 1.17% |
| Net interest margin | 3.46% (p28 of band) | 3.93% |
| Efficiency ratio | 59.58% (p34 of band) | |
| Noncurrent loans | 0.15% (p38 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 720.77% | |
| Real estate % of loans | 80% | |
| Construction % of loans | 8.23% (p35 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -18.9% | |
| Employees | 21 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | loans exceed deposits, brokered >10%, wholesale funding >15%, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 6 | liquid assets <10% |  |
| 2011-09 | 5 |  | liquid assets <10% |
| 2011-12 | 6 | liquid assets <10% |  |
| 2012-03 | 7 | charge-offs p90, assets shrinking | construction >100% equity |
| 2012-06 | 6 | deposits shrinking, uninsured deposits leaving | brokered >10%, charge-offs p90, assets shrinking |
| 2012-09 | 6 |  |  |
| 2012-12 | 5 |  | deposits shrinking |
| 2013-03 | 5 |  |  |
| 2013-06 | 3 |  | wholesale funding >15%, uninsured deposits leaving |
| 2013-09 | 4 | wholesale funding >15% |  |
| 2013-12 | 5 | brokered >10% |  |
| 2014-03 | 4 | charge-offs p90 | liquid assets <10%, brokered >10% |
| 2014-06 | 4 | brokered >10% | charge-offs p90 |
| 2014-09 | 3 | charge-offs p90 | reserve under noncurrent, brokered >10% |
| 2014-12 | 3 | liquid assets <10% | charge-offs p90 |
| 2015-03 | 5 | deposits shrinking, assets shrinking |  |
| 2015-06 | 6 | reserve under noncurrent |  |
| 2015-09 | 7 | brokered >10% |  |
| 2015-12 | 4 |  | deposits shrinking, assets shrinking, brokered >10% |
| 2016-03 | 5 | capital falling |  |
| 2016-06 | 3 |  | reserve under noncurrent, capital falling |
| 2016-09 | 4 | uninsured deposits leaving |  |
| 2016-12 | 4 | reserve under noncurrent | uninsured deposits leaving |
| 2017-03 | 5 | charge-offs p90, deposits shrinking | reserve under noncurrent |
| 2017-06 | 4 |  | deposits shrinking |
| 2017-09 | 3 |  | charge-offs p90 |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 | reserve under noncurrent | liquid assets <10% |
| 2018-06 | 6 | liquid assets <10%, capital falling, expense ratio p90 |  |
| 2018-09 | 7 | losing money |  |
| 2018-12 | 5 | uninsured deposits leaving | reserve under noncurrent, capital falling, losing money |
| 2019-03 | 6 | assets shrinking |  |
| 2019-06 | 6 | losing money | assets shrinking |
| 2019-09 | 8 | deposits shrinking, assets shrinking |  |
| 2019-12 | 5 |  | uninsured deposits leaving, deposits shrinking, assets shrinking |
| 2020-03 | 4 |  | losing money |
| 2020-06 | 5 | capital falling |  |
| 2020-09 | 5 |  |  |
| 2020-12 | 4 | losing money, NIM <2.5%, reserve under noncurrent | loans exceed deposits, wholesale funding >15%, liquid assets <10%, capital falling |
| 2021-03 | 3 |  | NIM <2.5% |
| 2021-06 | 4 | deposits shrinking |  |
| 2021-09 | 5 | assets shrinking |  |
| 2021-12 | 4 | uninsured deposits >50% | reserve under noncurrent, deposits shrinking |
| 2022-03 | 4 | deposits shrinking | assets shrinking |
| 2022-06 | 3 |  | deposits shrinking |
| 2022-09 | 3 |  |  |
| 2022-12 | 4 | capital falling |  |
| 2023-03 | 4 | brokered >10% | losing money |
| 2023-06 | 5 | wholesale funding >15%, losing money | uninsured deposits >50% |
| 2023-09 | 5 |  |  |
| 2023-12 | 8 | loans exceed deposits, NIM <2.5%, uninsured deposits leaving |  |
| 2024-03 | 7 |  | loans exceed deposits |
| 2024-06 | 7 | liquid assets <10% | uninsured deposits leaving |
| 2024-09 | 6 |  | liquid assets <10% |
| 2024-12 | 6 |  |  |
| 2025-03 | 7 | uninsured deposits >50% |  |
| 2025-06 | 5 |  | brokered >10%, wholesale funding >15% |
| 2025-09 | 6 | brokered >10%, run vulnerability | capital falling |
| 2025-12 | 2 |  | expense ratio p90, uninsured deposits >50%, brokered >10%, run vulnerability |
| 2026-03 | 0 |  | losing money, NIM <2.5% |
| 2026-06 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-11-07 [American Bancorp Inc. Completes Merger with New Republic Partners Inc., Expanding Presence Across the Southeast - Business Wire](https://news.google.com/rss/articles/CBMi-wFBVV95cUxQODRJRk1BRzdpb2hOWm9INzJLUEhxZUd1Y190OFFQaVdzcE5Tem44NVU4dDdSb2VrbjJwbWRsa1NYdHVqbDltZmVSRU9jQmx0bGdIS2VGSzRLMjZOakNHQ2ozZmdva1FZcGZiT0xaZnFYRjR5RXBCTXpUM0s5OGlwRWhaRFowTzJtMkUzZUhuaHk2UXNUaE5vb01JZWNId29fVU14Qm9MVU84WGFVb2FBYkpXUkpfcGY3V2lnam4yYTE3MTlTNWxxQ2NZR0tHVFp4ZVFWaDFwX0NSbElsSVlfUm42cDdPX093M1BTS0F3QXdIMl9meWtsRnJoZw?oc=5) · Business Wire
- 2026-06-25 ['We're out of space': American Pride Bank outgrows Charlotte branch after merger, eyes more real estate - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNSkNVc2pKTjhpOFpwS2NEcUNMVmdkdUNJbFZqWFB5bDRJRnROVXVOOVlLQlBhMlFtLXZlX1R4NU1WUjlELVdhalZCdmI1TU1tV25rOEVMVmxIRkFqbTlRZ3VGX3ZTeFpPN0dSczEyOHNhZU54OXR4d21nU3BCYVUzV2xpdWc4bTJ2WUtqdkp3Zm1pQ0JIU1VQVlZhcXRUWlZMOFF3dktFQmM?oc=5) · The Business Journals
- 2025-11-07 [Charlotte financial firm's merger creates $900M company - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxNTXBHQTN1NjRRbFRtMDUtaExwdGRfZ0UxNk1FRGg1b3U1VlpjYVpEcGxfUU5RSEI0X0RZemcxXzQ4SjlJWFJxQ2xmWVA5Mk1QbzVpN1d4cU84aF9DV3hUamhneFpHQkNJc2t4R2U3clY2c1Q4eS1YamctdmlYSUpKT0lZdF9MeDRvYXk2eFFlZkdNd1RtLTVXY1RyVWZINnRuT3NRRDdOTQ?oc=5) · The Business Journals
- 2021-02-16 [Belks, Close families back big new Charlotte investment group - Business North Carolina](https://news.google.com/rss/articles/CBMiigFBVV95cUxPTEFhdVJsWTNrcUYyUUdBbVgzZmt3NGpLYkxYNFFkZTdiMWQwRVBiSjRXRURMbWNmVjdQa0ttRGZZUF95NlNyclJQcDVwSGpJdm5Pclp5V1B0bzNvZmlwMzVIck1CNjVuU0JzTWhsVW5IQ3otdmRpaGUwaE0wSjFmN3dGX3hTSHdxMkE?oc=5) · Business North Carolina
- 2021-02-17 [Industry Leaders Launch New Republic Partners - Business Wire](https://news.google.com/rss/articles/CBMipAFBVV95cUxQRllTRmtBYkpPQ1Q4bUZoQlBMSi12UUxyV2FBRzFrN29teTR5OVQ0TTdsQU45aG1zclZ0bmxrbVVFY3hsVDRPdWd5MlBiUXJETUVVLVlnY3BGaXlTZi1pdzA4WUFyR21YUWRGSDVfOE93RG9pRFBNSXRxSFRyVDdWNkIxYVNpdEJRQ3lCSlljSjRtYlFwRnBNWTFteXhoTU90YnhyNQ?oc=5) · Business Wire
- 2021-03-01 [Belk, Close and Bowles families back new money manager - Business North Carolina](https://news.google.com/rss/articles/CBMigwFBVV95cUxQQzZISnBObHBXb2dWZ2xzRjhmaDI4X0pXbnkydUVPeFVwRjJndTdvUUJsMjBZRHlqbURNeTh2dFFla2VOdEYtNmVjczlQMXdyV0FtbExyWG1UUlFTOGhJeUJDeVJ2NWJZX2tDVV9ZM1lVTnhqOWFMU3JtSmVuU3VoSVhQZw?oc=5) · Business North Carolina
- 2025-04-29 [American Pride Bank Welcomes Dominik Mjartan as Chief Executive Officer - Business Wire](https://news.google.com/rss/articles/CBMixwFBVV95cUxOcUxIUzZVZFd5Vm4wZ3VmQ2doTVhfcWhSekhMZ1lkcWpLSnRIZlU2cFFGTGJNdTdKemZMMV9kVWs5b25BU3lUeWNTMkRHWWhYdWtKempBUVEtUzZ4RXd4LWNSZTB4ZzN6LVJMRGVqM3psS3pjYTZCN1oyaXhDS3BlUW93Wjc4TGYyMzY3cjk2TnZOMXdHQnh3NkkwenpVc2dzMjZ3bFFvT2NqYTk4MmVPOUtyR241NVd2aTlTaE1tLVBXT29wXzhz?oc=5) · Business Wire
- 2018-08-01 [Small private bank to move to new Triad location - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxPVm16T3dfNWhsd0tLa0l6ZVo2M1BkcEw2WUQ5R0Zza2FpblNlTG1fSEg5cXREV25kdmNONkRUYW9xNXh6cUxyZ1o2R2MwWkl5Yk9pQmF0T3ZtYVBKRHRnMUxpVlZNbms2NXZadlAyQzJDa2R0ZVk2b1dZa2tZNlphc0g3NWcyeF9uUy0xU0lpbldaZ1ZiNHZfTi1JTkd5MHlHcnc5ZEZB?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34860 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/44.json (key "34860", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide