Call reports 2021
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2021
What REPUBLIC FIRST BANK DBA REPUBLIC BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 5,386,210,000 | 5,367,436,000 | 5,395,409,000 | 5,616,268,000 |
| Total loans | 2,734,441,000 | 2,535,831,000 | 2,514,005,000 | 2,521,127,000 |
| Allowance for loan losses | 16,091,000 | 16,110,000 | 17,218,000 | 18,964,000 |
| Securities available for sale | 626,567,000 | 764,737,000 | 880,494,000 | 1,075,366,000 |
| Securities held to maturity | 948,419,000 | 1,057,842,000 | 1,377,253,000 | 1,660,292,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,385,208,000 | 4,565,725,000 | 4,977,114,000 | 5,195,097,000 |
| Interest-bearing deposits | 3,694,163,000 | 3,859,650,000 | 4,232,641,000 | 4,395,785,000 |
| Noninterest-bearing deposits | 691,045,000 | 706,075,000 | 744,473,000 | 799,312,000 |
| Equity capital | 288,255,000 | 316,360,000 | 320,335,000 | 322,097,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 37,073,000 | 72,757,000 | 109,134,000 | 149,160,000 |
| Interest expense | 4,933,000 | 9,593,000 | 13,877,000 | 18,377,000 |
| Net interest income | 32,140,000 | 63,164,000 | 95,257,000 | 130,783,000 |
| Noninterest income | 9,292,000 | 16,476,000 | 23,203,000 | 30,956,000 |
| Noninterest expense | 28,713,000 | 58,274,000 | 87,300,000 | 119,220,000 |
| Provision for loan losses | 3,000,000 | 3,000,000 | 3,900,000 | 5,750,000 |
| Pretax income | 10,048,000 | 18,857,000 | 27,741,000 | 37,193,000 |
| Income tax | 2,436,000 | 4,566,000 | 6,744,000 | 9,365,000 |
| Net income | 7,612,000 | 14,291,000 | 20,997,000 | 27,828,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 292,937,000 | 314,592,000 | 321,367,000 | 328,065,000 |
| Total capital | 309,028,000 | 330,702,000 | 338,585,000 | 347,029,000 |
| Risk-weighted assets | 2,515,870,000 | 2,588,779,000 | 2,780,159,000 | 3,034,843,000 |