New Republic Bank

Charlotte, NC
IDRSSD: 2754222
Total Assets
$180.05M
Latest filing
Total Deposits
$163.36M
Latest filing
Net Interest Margin
2.67%
Profitability

Locations

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Main Office
New Republic Bank
521 E Morehead St
Charlotte, NC 28202
Full Service - Brick and Mortar
Updated 11/14/2025Established 12/15/1998FDIC Certificate 61823

Branches (1)

Page 1 of 1
NameAddressCity / State
New Republic Bank (Main)521 E Morehead StCharlotte, NC
ROANOKE RAPIDS BRANCH420 Becker DrRoanoke Rapids, NC
Showing 1 of 1

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date12/15/1998
Community BankYes
Ownership TypeNot Mutual
ZIP28202
State and County Number37119
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number05
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameCharlotte-Concord-Gastonia, NC-SC

Operational Info

Number of Employees22
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance12/15/1998
Primary Insurance AgencyDIF
Websitenewrepublicbank.com
Data Updated11/14/2025
CERT34860
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$180.05M
Total Deposits$163.36M
Total Liabilities$164.67M
Total Equity Capital$15.38M
Net Income$-432,000
Net Loans and Leases$143.08M
Assets Per Employee ($Millions)$7.83M
Bank Premises and Fixed Assets$887.00k
Cash and Balances due from Depository Institutions$2.78M
Deposits Held in Domestic Offices$163.36M

Key Performance Ratios

Return on Assets (ROA)-0.94%
Return on Equity (ROE)-11.14%
Net Interest Margin2.67%
Efficiency Ratio135.02%
Tier 1 Risk-Based Capital Ratio12.971%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.02%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.542%
Earning Assets to total Assets95.74%

Income and Expense

Total Interest Income$2.66M
Total Noninterest Income$30.00k
Total Interest Expense$1.49M
Total Noninterest Expense$1.63M
Net Interest Income$1.18M
Pre-tax Net Operating Income$-432,000
Provision for Credit Losses$9.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$6.10M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.31M
Total Liabilities and Capital$180.05M

Securities

Securities$21.77M
Available-for-sale debt securities$21.77M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of New Republic Bank?
$180.05M as of the latest filing.
How much are New Republic Bank's total deposits?
$163.36M in total deposits.
Where is New Republic Bank located?
Charlotte, NC.
What is the Net Interest Margin?
2.67%.
How many domestic offices does it operate?
2.
When was it established?
12/15/1998.
What is the Return on Assets (ROA)?
-0.94%.
How much are total loans and leases?
$143.08M (latest filing).
What is the total interest income (latest filing)?
$2.66M.