The Graveyard › Banks › 2024
Republic Bank
Philadelphia, PA · failed April 26, 2024 · FDIC certificate 27332
Republic Bank of Philadelphia, PA failed on April 26, 2024. It opened on September 6, 1988, 35 years before. At its last report before that it held $5.9 billion in assets and $4.4 billion in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2023, it held $6.3 billion. The FDIC estimates that the Deposit Insurance Fund lost $709.6 million on it.
1988-092023-12
Assets at the end$5.9 billionlast report before April 26, 2024
Deposits at the end$4.4 billion
Estimated loss to the fund$709.6 millionDIF
Largest in the quarterly reports$6.3 billionSeptember 30, 2023
Equity to assets1.8%December 31, 2023
Loans not being repaid0.7%noncurrent, December 31, 2023
Return on assets-0.71%a year's rate, December 31, 2023
Staff434full time, December 31, 2023
Also ended in 2024
- First NB of Lindsay · Lindsay, OK · $107.8 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.