Call reports 2019
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2019
What REPUBLIC FIRST BANK DBA REPUBLIC BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 2,796,896,000 | 2,932,675,000 | 3,077,400,000 | 3,332,457,000 |
| Total loans | 1,492,828,000 | 1,532,132,000 | 1,590,590,000 | 1,761,544,000 |
| Allowance for loan losses | 7,900,000 | 8,056,000 | 8,467,000 | 9,266,000 |
| Securities available for sale | 287,694,000 | 338,286,000 | 379,962,000 | 539,042,000 |
| Securities held to maturity | 742,435,000 | 718,534,000 | 687,425,000 | 644,842,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,506,755,000 | 2,535,592,000 | 2,746,981,000 | 3,006,021,000 |
| Interest-bearing deposits | 2,208,012,000 | 2,229,425,000 | 2,431,655,000 | 2,648,203,000 |
| Noninterest-bearing deposits | 298,743,000 | 306,167,000 | 315,326,000 | 357,818,000 |
| Equity capital | 223,893,000 | 247,076,000 | 246,850,000 | 245,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 25,617,000 | 52,449,000 | 78,760,000 | 105,807,000 |
| Interest expense | 6,254,000 | 13,005,000 | 19,712,000 | 26,581,000 |
| Net interest income | 19,363,000 | 39,444,000 | 59,048,000 | 79,226,000 |
| Noninterest income | 4,602,000 | 10,777,000 | 16,710,000 | 21,766,000 |
| Noninterest expense | 22,445,000 | 47,438,000 | 74,261,000 | 100,916,000 |
| Provision for loan losses | 300,000 | 300,000 | 750,000 | 1,905,000 |
| Pretax income | 1,542,000 | 3,066,000 | 1,850,000 | -726,000 |
| Income tax | 275,000 | 573,000 | 267,000 | -433,000 |
| Net income | 1,267,000 | 2,493,000 | 1,583,000 | -293,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 224,416,000 | 245,680,000 | 244,859,000 | 243,040,000 |
| Total capital | 232,316,000 | 253,736,000 | 253,326,000 | 252,306,000 |
| Risk-weighted assets | 1,832,044,000 | 1,890,825,000 | 1,951,410,000 | 2,112,698,000 |