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Company Name Republic Bancorp Inc.
Issuer Name Republic Capital Trust I
Offering Type Subsidiary Trust Preferred
Description 8.60% Trust preferred securities, due 12/31/31
Currency of Issue USD
Trading Symbol (Exchange) RBNCP (NASDAQ)
 
Announcement Date 9/24/2001
Trade Date 10/9/2001
Settlement Date 10/10/2001
Completion Date 10/9/2001
Overallotment Expiration 11/9/2001
Date Overallotment Exercised 10/10/2001
 
144a? No
Mandatory Redemption? Yes
Convertible? No
Exchange for Existing Issue? No

Use of Proceeds
The net proceeds from this offering will be used to repay short-term indebtedness outstanding under revolving credit line.

Pricing
Offer Price ($) 25.0000
Yield to Maturity (%) 8.600
Treasury Spread (%) 3.210
Gross Amount Offered ($000) 45,000
Amount Including Overallotment ($000) 50,000
Minimum Denominations/Increments 25/25
Shares Offered 1,800,000
Total Shares Offered 2,000,000

Overallotments
Overallotment Amount Available ($000) 5,000
Overallotment Shares Available 200,000
Overallotment Amount Exercised ($000) 5,000
Overallotment Shares Exercised 200,000

Underwriting Fees
Gross Spread ($) 0.88
Gross Spread (%) 3.50
Sales Concession ($) 0.50
Reallowance ($) 0.45

Underwriters Shares Underwritten Amount Underwritten($000)
Book Manager(s)
  Stifel, Nicolaus & Company, Incorporated 506,668 12,667
Co-Manager(s)
  A. G. Edwards & Sons, LLC 506,666 12,667
  Dain Rauscher, Incorporation. 506,666 12,667
  FBR Capital Markets & Co. 56,000 1,400
  Howe Barnes Hoefer & Arnett, Inc. 56,000 1,400
  Keefe, Bruyette & Woods, Inc. 56,000 1,400
  Oppenheimer & Co. Inc. 56,000 1,400
  Raymond James & Associates, Inc. 56,000 1,400

Professionals
Issuer's Counsel Miller, Canfield, Paddock & Stone, PLC
Underwriter's Counsel Bryan Cave, LLP
Auditor(s) Ernst & Young LLP
Clearing House(s) Depository Trust Company

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