Republic Bancorp, Inc.
Republic Bancorp, Inc. (Republic) operates as a financial holding company for its subsidiaries namely, Republic Bank & Trust Company (RB&T), Republic Bank, (the Bank), Republic Invest Co., Republic Funding Company and Republic Bancorp Capital Trust. RB&T is a commercial banking and trust corporation. Republic Bank is a thrift institution based in Florida. Republic Invest Co. operates through its subsidiary, Republic Capital LLC. RB&T`s wholly owned subsidiaries include Republic Financial Services, LLC; Republic Insurance Agency, LLC; and TRS RAL Funding, LLC. Republic Bancorp Capital Trust, a statutory business trust, is a wholly owned unconsolidated subsidiary of Republic. The company carries out its business through three business operating segments: Banking, Tax Refund Solutions and Mortgage Banking. The company is headquartered at Louisville in Kentucky, the US.The company reported revenues of (U.S. Dollars) USD 202.14 million during the fiscal year ended December 2008, an increase of 1.53% over 2007. The operating profit of the company was USD 129.72 million during the fiscal year 2008, an increase of 37.31% over 2007. The net profit of the company was USD 33.65 million during the fiscal year 2008, an increase of 35.08% over 2007.