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 Jean S
 2. Issuer Name and Ticker or Trading Symbol
REPUBLIC BANCORP INC /KY/ [RBCAA] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(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 12/14/2010   G 21,960 D $ 0 292,078 I By spouse
Class A Common Stock 12/14/2010   G(3) 8,936.932 D $ 0 3,808,279.812 I By Teebank Family Limited Partnership (1)
Class A Common Stock 12/14/2010   G(4) 2,686.894 A $ 0 3,810,966.706 I By Teebank Family Limited Partnership (1)
Class A Common Stock 12/14/2010   G(3) 935.708 D $ 0 398,666.312 I By Jaytee Properties Limited Partnership (2)
Class A Common Stock 12/14/2010   G(4) 281.276 A $ 0 398,947.588 I By Jaytee Properties Limited Partnership (2)
Class A Common Stock             6,566 I By spouse through 401(k) Plan
Class A Common Stock             7,407.847 (5) I By spouse through 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
Class B Common Stock (6)   12/14/2010   G(3)   1,171.952   (7)   (8) Class A Common Stock
1,171.952
$ 0 499,324.38
I
By Teebank Family Limited Partnership (1)
Class B Common Stock   12/14/2010   G(4) 352.294     (7)   (8) Class A Common Stock
352.294
$ 0 499,676.67
I
By Teebank Family Limited Partnership (1)
Class B Common Stock   12/14/2010   G(3)   209.662   (7)   (8) Class A Common Stock
209.662
$ 0 89,328.356
I
By Jaytee Properties Limited Partnership (2)
Class B Common Stock   12/14/2010   G(4) 63.024     (7)   (8) Class A Common Stock
63.024
$ 0 89,391.38
I
By Jaytee Properties Limited Partnership (2)
Class B Common Stock               (7)   (8) Class A Common Stock
671,583
  671,583
I
By spouse
Class B Common Stock               (7)   (8) Class A Common Stock
142,764
  142,764
D
 
Class B Common Stock               (7)   (8) Class A Common Stock
0.5
  0.5
I
By spouse through 401(k) Plan

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Trager Jean S
601 WEST MARKET STREET
LOUISVILLE, KY 40202		     X    

Signatures

Jean S. 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) Teebank Family Limited Partnership ("Teebank") is a family limited partnership of which the Jean S. Trager Trust is a general partner, Jean S. Trager is a limited partner and her husband, both individually and as trustee of irrevocable trusts for the benefit of his grandchildren, is a limited partner. The reporting persons are reporting the shares of the family limited partnership only to the extent of their pecuniary interest therein.
(2) Jaytee Properties Limited Partnership ("Jaytee") is a family limited partnership of which the Jean S. Trager Trust is a general partner, Jean S. Trager is a limited partner and her husband, both individually and as trustee of irrevocable trusts for the benefit of his grandchildren, is a limited partner. The reporting persons are reporting the shares of the family limited partnership only to the extent of their pecuniary interest therein.
(3) Gifts reported herein consisted of units representing an interest in the assets of Teebank and Jaytee, as applicable.
(4) Gifts reported herein were to trusts for the benefit of the reporting person's grandchildren, of which the reporting person's spouse is the trustee. The gifts consisted of units representing an interest in the assets of Teebank and Jaytee, as applicable.
(5) Includes 4,229.4463 shares of Class A Common Stock allocated under the ESOP to the reporting person's adult son. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is a beneficial owner of such securities. Also includes 3,178.4003 shares of Class A Common Stock allocated to the reporting person's spouse under the ESOP.
(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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