# REPUBLIC BANK
BOUNTIFUL, UT · FDIC certificate 35260 · asset band <$300M · latest filing 2017-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 7 (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 | $31.0M | |
| Deposits | $0 | |
| Loans and leases | $10.9M | |
| Total equity | $22.5M | |
| Loans / deposits | 0.00% (p1 of band) | 73.48% |
| Liquid assets / assets | 11.74% (p7 of band) | |
| Uninsured deposits / deposits | – | 14.60% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 25.38% (p98 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 66.56% (p98 of band) | 10.87% |
| Unrealized securities loss / equity | 0.00% (p66 of band) | -0.29% |
| AOCI / equity | 0.00% (p16 of band) | |
| ROA (annualized) | -5.17% (p0 of band) | 0.83% |
| Net interest margin | 0.25% (p0 of band) | 3.63% |
| Efficiency ratio | 0.00% (p0 of band) | |
| Noncurrent loans | 33.50% (p100 of band) | 0.63% |
| Net charge-offs (annualized) | -0.25% (p2 of band) | |
| Reserve coverage of noncurrent | 12.68% | |
| Real estate % of loans | 61% | |
| Construction % of loans | 0.00% (p7 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 | -100.0% | |
| Employees | 4 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **losing money** (`earn_negative`)
- **NIM <2.5%** (`earn_nim`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, brokered >10%, wholesale funding >15%, liquid assets <10% |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 4 |  |  |
| 2011-12 | 4 |  |  |
| 2012-03 | 6 | reserve under noncurrent, uninsured deposits leaving |  |
| 2012-06 | 5 |  | uninsured deposits leaving |
| 2012-09 | 8 | capital falling, assets shrinking, uninsured deposits leaving |  |
| 2012-12 | 9 | deposits shrinking |  |
| 2013-03 | 6 |  | reserve under noncurrent, capital falling, uninsured deposits leaving |
| 2013-06 | 6 |  |  |
| 2013-09 | 6 |  |  |
| 2013-12 | 7 | uninsured deposits leaving |  |
| 2014-03 | 8 | charge-offs p90 |  |
| 2014-06 | 6 |  | loans exceed deposits, charge-offs p90 |
| 2014-09 | 6 |  |  |
| 2014-12 | 6 | charge-offs p90, reserve under noncurrent | liquid assets <10%, uninsured deposits leaving |
| 2015-03 | 7 | noncurrent p90 |  |
| 2015-06 | 9 | loans exceed deposits, liquid assets <10% |  |
| 2015-09 | 9 |  |  |
| 2015-12 | 9 |  |  |
| 2016-03 | 9 |  |  |
| 2016-06 | 9 | uninsured deposits leaving | loans exceed deposits |
| 2016-09 | 12 | loans exceed deposits, losing money, expense ratio p90 |  |
| 2016-12 | 9 |  | brokered >10%, uninsured deposits leaving, loans exceed deposits |
| 2017-03 | 7 | NIM <2.5% | charge-offs p90, liquid assets <10%, expense ratio p90 |

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

- 2026-07-21 [High-Cost Rent-a-Bank Loan Watch List - NCLC](https://news.google.com/rss/articles/CBMieEFVX3lxTE50NVRQTm1YeWR4SlljRnR5V21DcXJUaVh5QUlvZDlTQkNMQVpFZkFXVUFiTXJUUFdXZU9NQng2MEtrcGZMNy02anpjNzI3djVnSnNSSGtIZlFONTRNZ0I4SzFyaWdJWU1DQW91U0JPNlotUy0xSS0xVw?oc=5) · NCLC
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
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- 2023-05-02 ['Other problems might be lurking': Strategist is unconvinced by Jamie Dimon's bank crisis comments - CNBC](https://news.google.com/rss/articles/CBMinAFBVV95cUxNaHBacjhaRkUwZmFBXzYxSk5lVmw2ZzlUNlE1VWNnY3FLal9GY2k0NlQ1NllxQmJ1TGxua1oxRmhwX0FRcWh1MmE3RXpXV1ozVGpCenFaRjNfN0tUSjZKM1VGV0VTU3pzR25vRlZ5clhGSUlKdE1lLVlWX1ZtMzRpS3hFTEZ0eHMxNktBREMtNmN6RU5rZGNKZzcxY2PSAaIBQVVfeXFMT3Q0M1Nhclhhb2M4ejJqOEE3ZGJrTWk2d2lmdm9ZSlVXMzF3VmxOV1hzR3JUQjZzQTRvWkJHRHhuMkplZlNJdHhJQlhzNlNwUEpKSU1DUU1hTnE3SVNnMVI1R29MX0J4aWJ0N1dINGFGQ00zUF8wTHlvalc5UFZtMDItbTFDSExNUlV4dGFMbVFmVVhSTU1SQU85YUg3TkU2THlB?oc=5) · CNBC
- 2023-03-17 [Why Zions and Utah may dodge the worst of this banking meltdown - The Salt Lake Tribune](https://news.google.com/rss/articles/CBMiekFVX3lxTE9BZDJoWVQ0Smtmb2pFUEUxSTljQjFCaEhabzN2cGxfNXkxUnljSk8xZXk0NnNieHJianRzcnhzb1pRX203cTlZSEVkakxXdG5Jal9uRHU4a29iVVJmOC1OV1dMMUdnUkJQMGVMaHlOMXU5akdkU3pYeC1R?oc=5) · The Salt Lake Tribune
- 2022-02-04 [Four Utah banks targeted for laundering predatory loans of up to 225% APR - ABC4 Utah](https://news.google.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?oc=5) · ABC4 Utah
- 2023-03-13 [Stocks Wobble as Smaller Banks Plunge on Fears of Contagion (Published 2023) - The New York Times](https://news.google.com/rss/articles/CBMieEFVX3lxTE1ZaWI5aGRuR2t6SG1XdnFVM05TUE5MaUtNWElKQTV0LXVHUURfU194YVRXSUpsQVpreUVrX2xodS1GQk9LNlRzQVNvNXN6M1FEcmt0WjNRQ1JxelpOWEIwTFh5Z2JSU2lxSjU1dWpWTEI3b2NuSjJxVA?oc=5) · The New York Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35260 (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/60.json (key "35260", 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