Republic Federal Bank, National Association
Miami, FL · Owner: Remo Duquoin LLC
$433M
total assets, September 30, 2009
$433M
total assets, September 30, 2009
Republic Federal Bank, National Association was a national bank in Miami, FL, owned by Remo Duquoin LLC. It failed on Dec 11, 2009, and 1ST United Bank took over its deposits. At its last report it held $433.0 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2009
This bank failed
- Failed on
- Dec 11, 2009
- Assets
- $433M
- Deposits
- $353M
- Estimated cost
- $78.0M
- Deposits went to
- 1ST United Bank, Boca Raton, FL
Total assets
$433M
-18.8% in a year · -1.4% in a quarter
Deposits
$353M
-8.0% in a year · -1.2% in a quarter
Loans
$341M
-14.2% in a year · -2.8% in a quarter
Profit so far
-$25.6M
Jan 1 to Sep 30, 2009
Capital ratio
1.06%
-5.49 pts in a year
Return on assets
-7.46%
-5.74 pts in a year
Facts
- Type
- National bank
- Head office
- 8600 Nw 36th Street, Suite 800, Miami, FL, 33166
- County
- Miami-Dade
- Holding company
- Remo Duquoin LLC
- Established
- Apr 17, 1979
- Failed
- Dec 11, 2009
- Employees
- 90
- Branches
- 6
- Id
- b22846
Quarter by quarter
March 31, 1984 to September 30, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Republic Federal Bank, National Association?
$433.0 million in total assets and $352.7 million in deposits as of September 30, 2009, with assets down 18.8% from a year before. Its loans were $341.3 million.
How many branches does Republic Federal Bank, National Association have?
6 branches in Florida as of June 30, 2026.
Is Republic Federal Bank, National Association profitable?
No: it lost $25.6 million from January 1 to September 30, 2009. Its return on assets was -7.46% a year; about 1% is typical.
Who owns Republic Federal Bank, National Association?
Republic Federal Bank, National Association is owned by Remo Duquoin LLC, its holding company.
When did Republic Federal Bank, National Association fail?
Dec 11, 2009. 1ST United Bank of Boca Raton, FL took over its deposits. The estimated cost of the failure was $78.0 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.