Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
TRAGER SCOTT
 2. Issuer Name and Ticker or Trading Symbol
REPUBLIC BANCORP INC /KY/ [RBCAA] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice Chairman
(Last)
(First)
(Middle)

601 WEST MARKET STREET		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2010
(Street)


LOUISVILLE, KY 40202		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Class A Common Stock             165,577.929 (1) D  
Class A Common Stock             18,919.317 I By Teebank Family Limited Partnership (2)
Class A Common Stock             1,980.552 I By Jaytee Properties Limited Partnership (3)
Class A Common Stock             38,000.557 (4) I By 401(k) Plan
Class A Common Stock             51,697 I By Trager Family Irrevocable Trust (5)
Class A Common Stock             4,229.4437 I By ESOP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 20.71           05/16/2010 05/15/2011 Class A Common Stock
4,410
  4,410
D
 
Employee Stock Option (right to buy) $ 20.71           05/16/2011 05/15/2012 Class A Common Stock
4,410
  4,410
D
 
Employee Stock Option (right to buy) $ 23.87           12/08/2011 12/07/2012 Class A Common Stock
2,625
  2,625
D
 
Employee Stock Option (right to buy) $ 23.87           12/08/2012 12/07/2013 Class A Common Stock
2,625
  2,625
D
 
Employee Stock Option (right to buy) $ 19.89           11/19/2013 11/18/2014 Classs A Common Stock
7,500
  7,500
D
 
Employee Stock Option (right to buy) $ 19.89           11/19/2014 11/18/2015 Class A Common Stock
7,500
  7,500
D
 
Class B Common Stock               (7)   (8) Class A Common Stock
29,488
  29,488
D
 
Class B Common Stock               (7)   (8) Class A Common Stock
2,480.615
  2,480.615
I
By Teebank Family Limited Partnership (2)
Class B Common Stock               (7)   (8) Class A Common Stock
443.778
  443.778
I
By Jaytee Properties Limited Partnership (3)
Class B Common Stock               (7)   (8) Class A Common Stock
4,107
  4,107
I
By Trager Family Irrevocable Trust (5)
Class B Common Stock               (7)   (8) Class A Common Stock
1,190
  1,190
I
By 401(k) Plan (4)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TRAGER SCOTT
601 WEST MARKET STREET
LOUISVILLE, KY 40202		   X   X   Vice Chairman  

Signatures

/s/ Scott Trager 02/14/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 144.815 shares of Class A Common Stock acquired under the Republic Bancorp dividend reinvestment plan.
(2) Teebank Family Limited Partnership is a family limited partnership of which the reporting person is a limited partner.
(3) Jaytee Properties Limited Partnership is a family limited partnership of which the reporting person is a limited partner.
(4) Includes 534.483 shares of Class A Common Stock acquired under the Issuer's 401(k) plan, based on information provided by the plan trustee.
(5) Trager Family Irrevocable Trust is a family trust of which the reporting person is a co-trustee and a beneficiary.
(6) Conversion from Class B Common Stock to Class A Common Stock is on a share for share basis.
(7) Immediate.
(8) None.

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