Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Trager Trust Jean S
2. Date of Event Requiring Statement (Month/Day/Year)
08/07/2006
3. Issuer Name and Ticker or Trading Symbol
REPUBLIC BANCORP INC /KY/ [RBCAA]
(Last)
(First)
(Middle)
601 WEST MARKET STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LOUISVILLE, KY 40202
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 420,100
I
By spouse
Class A Common Stock 3,551,942.837
I
By Teebank Family Limited Partnership (1)
Class A Common Stock 371,832.18
I
By Jaytee Properties Limited Partnership (2)
Class A Common Stock 7,515
I
By spouse through 401(k) Plan
Class A Common Stock 136,304.482
I
By spouse through ESOP (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock   (4)   (5) Class A Common Stock 465,714.926 $ (6) I By Teebank Family Limited Partnership (1)
Class B Common Stock   (4)   (5) Class A Common Stock 83,315.707 $ (6) I By Jaytee Properties Limited Partnership (2)
Class B Common Stock   (4)   (5) Class A Common Stock 638,448 $ (6) I By spouse
Class B Common Stock   (4)   (5) Class A Common Stock 135,966 $ (6) D  
Class B Common Stock   (4)   (5) Class A Common Stock 1,157 $ (6) I By spouse through 401(k) Plan

Reporting Owners

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

Signatures

/s/ Jean S. Trager 08/16/2006
**Signature of Reporting Person Date

/s/ Jean S. Trager Trust by Jean S. Trager, Co-Trustee 08/16/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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 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 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 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 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) Includes 131,640.0464 unallocated shares of Class A Common Stock held by the Issuer's ESOP, of which the reporting person's husband serves as a member of the Administrative Committee, and 2,503.3836 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 2,161.0515 shares of Class A Common Stock allocated to the reporting person's husband under the ESOP.
(4) Immediate.
(5) None.
(6) Conversion is on a share for share basis.

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