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
OMB APPROVAL
OMB Number: 3235-0362
Expires: January 31, 2005
Estimated average burden hours per response... 1.0

1. Name and Address of Reporting Person *
TRAGER BERNARD M
 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)
Chairman
(Last)
(First)
(Middle)

601 WEST MARKET STREET		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2008
(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 12/09/2008   G 26,500 D $ 0 341,863 (1) D  
Class A Common Stock 01/07/2008   G(2) 11,983.548 D $ 0 3,695,751.218 I By Teebank Family Limited Partnership (3)
Class A Common Stock 01/07/2008   G(2) 1,254.486 D $ 0 386,886.51 I By Jaytee Properties Limited Partnership (4)
Class A Common Stock             7,891 I By 401(k) Plan
Class A Common Stock             7,179.176 I By ESOP (5)

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   01/07/2008   G(2)   1,571.229   (7)   (8) Class A Common Stock
1,571.229
$ 0 484,570.323
I
By Teebank Family Limited Partnership (3)
Class B Common Stock   01/07/2008   G(2)   281.071   (7)   (8) Class A Common Stock
281.071
$ 0 86,688.88
I
By Jaytee Properties Limited Partnership (4)
Class B Common Stock               (7)   (8) Class A Common Stock
671,583
  671,583
D
 
Class B Common Stock               (7)   (8) Class A Common Stock
142,764
  142,764
I
By spouse
Class B Common Stock               (7)   (8) Class A Common Stock
0.5
  0.5
I
By 401(k) Plan

Reporting Owners

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

Signatures

/s/ Bernard M. Trager 02/16/2009
**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 105 shares of Class A Common Stock distributed to the reporting person under the Issuer's ESOP.
(2) Gifts reported herein consisted of units representing an interest in the partnership's assets.
(3) Teebank Family Limited Partnership is a family limited partnership of which the reporting person is a limited partner and of which the reporting person's wife is a limited partner and the reporting person's wife as a co-general partner in her capacity as trustee of a marital trust is a general partner. The reporting person is reporting the shares of the family limited partnership only to the extent of his pecuniary interest therein.
(4) Jaytee Properties Limited Partnership is a family limited partnership of which the reporting person is a limited partner and of which the reporting person's wife is a limited partner and the reporting person's wife as a co-general partner in her capacity as trustee of a marital trust is a general partner. The reporting person is reporting the shares of the family limited partnership only to the extent of his pecuniary interest therein.
(5) The final allocation of shares of Class A Common Stock held by the Issuer's ESOP was completed as of 12/31/08; therefore, unallocated shares are no longer being reported by the reporting person as a member of the Administrative Committee. Includes 3,989.2644 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 3,189.9120 shares of Class A Common Stock allocated to the reporting person under the ESOP.
(6) Conversion of Class B Common Stock to Class A Common Stock is on a share for share basis.
(7) Immediate.
(8) None.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.