Republic Bancorp (RBCAA) 10-Q/A 16 May 18 2018 Q1 Quarterly report (amended) Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	Apr. 30, 2018
Entity Registrant Name	REPUBLIC BANCORP INC /KY/
Entity Central Index Key	921,557
Document Type	10-Q/A
Document Period End Date	Mar. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Class A Common Stock
Entity Common Stock, Shares Outstanding		18,658,706
Class B Common Stock
Entity Common Stock, Shares Outstanding		2,229,091

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 362,122	$ 299,351
Available-for-sale debt securities	417,983	524,303
Held-to-maturity debt securities (fair value of $63,515 in 2018 and $65,133 in 2017)	62,844	64,227
Equity securities with readily determinable fair value	2,746	2,928
Mortgage loans held for sale, at fair value	4,496	5,761
Consumer loans held for sale, at fair value	2,419	2,677
Consumer loans held for sale, at the lower of cost or fair value	7,380	8,551
Loans	4,052,500	4,014,034
Allowance for loan and lease losses	(52,341)	(42,769)
Loans, net	4,000,159	3,971,265
Federal Home Loan Bank stock, at cost	32,067	32,067
Premises and equipment, net	43,896	42,588
Premises, held for sale	2,896	3,017
Goodwill	16,300	16,300
Other real estate owned	160	115
Bank owned life insurance	63,727	63,356
Other assets and accrued interest receivable	59,139	48,856
TOTAL ASSETS	5,078,334	5,085,362
Deposits:
Noninterest-bearing	1,241,127	1,022,042
Interest-bearing	2,476,496	2,411,116
Total deposits	3,717,623	3,433,158
Securities sold under agreements to repurchase and other short-term borrowings	175,682	204,021
Federal Home Loan Bank advances	440,000	737,500
Subordinated note	41,240	41,240
Other liabilities and accrued interest payable	50,535	37,019
Total liabilities	4,425,080	4,452,938
Commitments and contingent liabilities (Footnote 8)
STOCKHOLDERS' EQUITY
Preferred stock, no par value
Class A Common Stock and Class B Common Stock, no par value	4,902	4,902
Additional paid in capital	139,646	139,406
Retained earnings	510,123	487,700
Accumulated other comprehensive (loss) income	(1,417)	416
Total stockholders' equity	653,254	632,424
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 5,078,334	$ 5,085,362

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Held-to-maturity debt securities, fair value (in dollars)	$ 63,515	$ 65,133
Preferred stock, no par value	$ 0	$ 0
Class A Common Stock
Common Stock, no par value	0	0
Class B Common Stock
Common Stock, no par value	$ 0	$ 0

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
INTEREST INCOME:
Loans, including fees	$ 69,627	$ 58,004
Taxable investment securities	2,634	2,155
Federal Home Loan Bank stock and other	1,572	724
Total interest income	73,833	60,883
INTEREST EXPENSE:
Deposits	3,360	1,879
Securities sold under agreements to repurchase and other short-term borrowings	213	25
Federal Home Loan Bank advances	2,274	2,292
Subordinated note	321	249
Total interest expense	6,168	4,445
NET INTEREST INCOME	67,665	56,438
Provision for loan and lease losses	17,255	12,351
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES	50,410	44,087
NONINTEREST INCOME:
Service charges on deposit accounts	3,555	3,247
Net refund transfer fees	16,352	15,382
Mortgage banking income	1,020	1,160
Interchange fee income	2,667	2,326
Program fees	1,696	1,091
Increase in cash surrender value of bank owned life insurance	371	391
Net gains on other real estate owned	132	142
Other	1,752	1,184
Total noninterest income	27,545	24,923
NONINTEREST EXPENSE:
Salaries and employee benefits	23,834	21,211
Occupancy and equipment, net	6,221	5,967
Communication and transportation	1,382	1,272
Marketing and development	916	1,004
FDIC insurance expense	525	450
Bank franchise tax expense	2,518	2,435
Data processing	2,386	1,652
Interchange related expense	1,007	1,058
Supplies	381	527
Other real estate owned expense	45	97
Legal and professional fees	1,043	752
Other	2,787	2,514
Total noninterest expense	43,045	38,939
INCOME BEFORE INCOME TAX EXPENSE	34,910	30,071
INCOME TAX EXPENSE	7,441	10,054
NET INCOME	$ 27,469	$ 20,017
Class A Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	$ 1.32	$ 0.97
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	1.32	0.96
DIVIDENDS DECLARED PER COMMON SHARE:
Dividend declared per common share (in dollars per share)	0.242	0.209
Class B Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	1.21	0.88
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	1.20	0.88
DIVIDENDS DECLARED PER COMMON SHARE:
Dividend declared per common share (in dollars per share)	$ 0.220	$ 0.190

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 27,469	$ 20,017
OTHER COMPREHENSIVE INCOME
Change in fair value of derivatives used for cash flow hedges	199	28
Reclassification amount for derivative losses realized in income	26	66
Change in unrealized gain (loss) on available-for-sale debt securities (2018), debt and equity securities (2017)	(2,117)	706
Adjustment for adoption of ASU 2016-01	(428)
Change in unrealized gain on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings	(2)	53
Total other comprehensive (loss) income before income tax	(2,322)	853
Tax effect	489	(299)
Total other comprehensive (loss) income, net of tax	(1,833)	554
COMPREHENSIVE INCOME	$ 25,636	$ 20,571

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Common StockClass A Common Stock	Common StockClass B Common Stock	Common Stock	Additional Paid In Capital.Class A Common Stock	Additional Paid In Capital.	Retained EarningsClass A Common Stock	Retained EarningsClass B Common Stock	Retained Earnings	Accumulated Other Comprehensive Income	Class A Common Stock	Class B Common Stock	Total
Balance at beginning of period at Dec. 31, 2016									$ 687
Increase (Decrease) in Stockholders' Equity
Net income												$ 20,017
Balance at end of period at Mar. 31, 2017									1,241
Increase (Decrease) in Stockholders' Equity
Adjustment for adoption of ASU 2016-01 | ASU 2016-01								$ (35)	(338)			(373)
Balance at beginning of period, as adjusted		$ 2,243	$ 4,902		$ 139,406			487,665	78			632,051
Balance at beginning of period at Dec. 31, 2017			4,902		139,406			487,700	416			632,424
Balance (in shares) at Dec. 31, 2017	18,607	2,243
Increase (Decrease) in Stockholders' Equity
Net income								27,469				27,469
Net change in accumulated other comprehensive income									(1,495)			(1,495)
Dividends declared Common Stock:
Dividends declared Common Stock						$ (4,517)	$ (494)			$ (4,517)	$ (494)
Net change in notes receivable on Class A Common Stock				$ 33						33
Deferred director compensation expense - Class A Common Stock				$ 55						$ 55
Deferred director compensation expense - Class A Common Stock (in shares)	2
Stock based compensation expense - performance stock units					26							26
Stock based compensation - restricted stock					64							64
Stock based compensation - restricted stock (in shares)	36
Stock based compensation - stock options					62							62
Balance at end of period at Mar. 31, 2018			$ 4,902		$ 139,646			$ 510,123	$ (1,417)			$ 653,254
Balance (in shares) at Mar. 31, 2018	18,645	2,243

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
OPERATING ACTIVITIES:
Net income	$ 27,469	$ 20,017
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization (accretion) on investment securities, net	(106)	138
Accretion on loans and amortization of core deposit intangible, net	(702)	(583)
Unrealized losses on equity securities with readily determinable fair value	182
Depreciation of premises and equipment	2,447	2,042
Amortization of mortgage servicing rights	362	353
Provision for loan and lease losses	17,255	12,351
Net gain on sale of mortgage loans held for sale	(777)	(977)
Origination of mortgage loans held for sale	(29,410)	(33,245)
Proceeds from sale of mortgage loans held for sale	31,452	40,691
Net gain on sale of consumer loans held for sale	(1,637)	(1,108)
Origination of consumer loans held for sale	(164,496)	(126,924)
Proceeds from sale of consumer loans held for sale	167,562	126,441
Net gain realized on sale of other real estate owned	(132)	(212)
Writedowns of other real estate owned		70
Impairment of premises held for sale	104	58
Deferred director compensation expense - Class A Common Stock	55	55
Stock based compensation expense	152	410
Increase in cash surrender value of bank owned life insurance	(371)	(391)
Net change in other assets and liabilities:
Accrued interest receivable	310	209
Accrued interest payable	(59)	(90)
Other assets	(97)	(2,096)
Other liabilities	2,439	8,700
Net cash provided by operating activities	52,002	45,909
INVESTING ACTIVITIES:
Purchases of available-for-sale debt securities	(69,940)	(54,390)
Proceeds from calls, maturities and paydowns of available-for-sale debt securities	174,255	10,017
Proceeds from calls, maturities and paydowns of held-to-maturity debt securities	1,375	1,002
Net change in outstanding warehouse lines of credit	(8,387)	90,274
Purchase of non-business acquisition loans, including premiums paid		(1,224)
Net change in other loans	(37,155)	8,800
Proceeds from sales of other real estate owned	266	501
Net purchases of premises and equipment	(3,738)	(3,193)
Net cash provided by investing activities	56,676	51,787
FINANCING ACTIVITIES:
Net change in deposits	284,465	188,092
Net change in securities sold under agreements to repurchase and other short-term borrowings	(28,339)	(29,098)
Payments of Federal Home Loan Bank advances	(347,500)	(435,000)
Proceeds from Federal Home Loan Bank advances	50,000	100,000
Repurchase of Class A Common Stock		(544)
Net proceeds from Class A Common Stock options exercised		33
Cash dividends paid	(4,533)	(4,301)
Net cash used in financing activities	(45,907)	(180,818)
NET CHANGE IN CASH AND CASH EQUIVALENTS	62,771	(83,122)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	299,351	289,309
CASH AND CASH EQUIVALENTS AT END OF PERIOD	362,122	206,187
Cash paid during the period for:
Interest	6,227	4,535
Income taxes	365	331
SUPPLEMENTAL NONCASH DISCLOSURES:
Transfers from loans to real estate acquired in settlement of loans	$ 179	$ 330

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2018
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation — The consolidated financial statements include the accounts of Republic Bancorp, Inc. (the “Parent Company”) and its wholly-owned subsidiaries, Republic Bank & Trust Company (“RB&T” or the “Bank”) and Republic Insurance Services, Inc. (the “Captive”). All significant intercompany balances and transactions are eliminated in consolidation. All companies are collectively referred to as (“Republic” or the “Company”). The Bank is a Kentucky-based, state chartered non-member financial institution that provides both traditional and non-traditional banking products through five reportable segments using a multitude of delivery channels. While the Bank operates primarily in its market footprint, its non-brick-and-mortar delivery channels allow it to reach clients across the United States. The Captive is a Nevada-based, wholly-owned insurance subsidiary of the Company. The Captive provides property and casualty insurance coverage to the Company and the Bank as well as a group of third-party insurance captives for which insurance may not be available or economically feasible. Republic Bancorp Capital Trust (“RBCT”) is a Delaware statutory business trust that is a wholly-owned unconsolidated finance subsidiary of Republic Bancorp, Inc. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. Operating results for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018. For further information, refer to the consolidated financial statements and footnotes thereto included in Republic’s Form 10-K for the year ended December 31, 2017. As of March 31, 2018, the Company was divided into five reportable segments: Traditional Banking, Warehouse Lending (“Warehouse”), Mortgage Banking, Tax Refund Solutions (“TRS”) and Republic Credit Solutions (“RCS”). Management considers the first three segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last two segments collectively constitute Republic Processing Group (“RPG”) operations. The Bank’s Correspondent Lending channel and the Company’s national branchless banking platform, MemoryBank ® , are considered part of the Traditional Banking segment. Prior to the third quarter of 2017, management reported RPG as a segment consisting of its largest division, TRS, along with its relatively smaller divisions, Republic Payment Solutions (“RPS”) and RCS. During the third quarter of 2017, due to RCS’s growth in revenue relative to the total Company’s revenue, management identified TRS and RCS as separate reportable segments under the newly classified RPG operations. Also, as part of the updated segmentation, management is reporting the RPS division, which remained below thresholds to be classified a separate reportable segment, within the newly classified TRS segment. The reportable segments within RPG operations and divisions within those segments operate through the Bank. All prior periods have been reclassified to conform to the current presentation. Core Bank Traditional Banking segment — The Traditional Banking segment provides traditional banking products primarily to customers in the Company’s market footprint. As of March 31, 2018, Republic had 45 full-service banking centers and one loan production office (“LPO”) with locations as follows:  Kentucky — 33  Metropolitan Louisville — 18  Central Kentucky — 9  Elizabethtown — 1  Frankfort — 1  Georgetown — 1  Lexington — 5  Shelbyville — 1  Western Kentucky — 2  Owensboro — 2  Northern Kentucky — 3  Covington — 1  Crestview Hills — 1  Florence — 1  Independence — 1 (closed April 3, 2018)  Southern Indiana — 3  Floyds Knobs — 1  Jeffersonville — 1  New Albany — 1  Metropolitan Tampa, Florida — 6  Metropolitan Cincinnati, Ohio — 1  Metropolitan Nashville, Tennessee — 3* *Includes one LPO Republic’s headquarters are located in Louisville, which is the largest city in Kentucky based on population. Traditional Banking results of operations are primarily dependent upon net interest income, which represents the difference between the interest income and fees on interest-earning assets and the interest expense on interest-bearing liabilities. Principal interest-earning Traditional Banking assets represent investment securities and commercial and consumer loans primarily secured by real estate and/or personal property. Interest-bearing liabilities primarily consist of interest-bearing deposit accounts, securities sold under agreements to repurchase, as well as short-term and long-term borrowing sources. Federal Home Loan Bank (“FHLB”) advances have traditionally been a significant borrowing source for the Bank. Other sources of Traditional Banking income include service charges on deposit accounts, debit and credit card interchange fee income, title insurance commissions, fees charged to clients for trust services, and increases in the cash surrender value of Bank Owned Life Insurance (“BOLI”). Traditional Banking operating expenses consist primarily of salaries and employee benefits, occupancy and equipment expenses, communication and transportation costs, data processing, interchange related expenses, marketing and development expenses, Federal Deposit Insurance Corporation (“FDIC”) insurance expense, franchise tax expense and various other general and administrative costs. Traditional Banking results of operations are significantly impacted by general economic and competitive conditions, particularly changes in market interest rates, government laws and policies and actions of regulatory agencies. Primarily from its Warehouse clients, the Traditional Bank acquires for investment single family, first lien mortgage loans that meet the Traditional Bank’s specifications through its Correspondent Lending channel. Substantially all loans purchased through the Correspondent Lending channel are purchased at a premium. Warehouse Lending segment — Through its Warehouse Lending segment, the Core Bank provides short-term, revolving credit facilities to mortgage bankers across the United States through mortgage warehouse lines of credit. These credit facilities are primarily secured by single family, first lien residential real estate loans. The credit facility enables the mortgage banking clients to close single family, first lien residential real estate loans in their own name and temporarily fund their inventory of these closed loans until the loans are sold to investors approved by the Bank or purchased by the Bank through its Correspondent Lending channel. Individual loans are expected to remain on the warehouse line for an average of 15 to 30 days. Reverse mortgage loans typically remain on the line longer than conventional mortgage loans. Interest income and loan fees are accrued for each individual loan during the time the loan remains on the warehouse line and collected when the loan is sold. The Core Bank receives the sale proceeds of each loan directly from the investor and applies the funds to pay off the warehouse advance and related accrued interest and fees. The remaining proceeds are credited to the mortgage-banking client. Mortgage Banking segment — Mortgage Banking activities primarily include 15-, 20- and 30-year fixed-term single family, first lien residential real estate loans that are originated and sold into the secondary market, primarily to the Federal Home Loan Mortgage Corporation (“FHLMC” or “Freddie Mac”) and the Federal National Mortgage Association (“FNMA” or “Fannie Mae”). The Bank typically retains servicing on loans sold into the secondary market. Administration of loans with servicing retained by the Bank includes collecting principal and interest payments, escrowing funds for property taxes and property insurance, and remitting payments to secondary market investors. A fee is received by the Bank for performing these standard servicing functions. Republic Processing Group Tax Refund Solutions segment — Through the TRS segment, the Bank is one of a limited number of financial institutions that facilitates the receipt and payment of federal and state tax refund products and offers a credit product through third-party tax preparers located throughout the United States, as well as tax-preparation software providers (collectively, the “Tax Providers”). Substantially all of the business generated by the TRS segment occurs in the first half of the year. The TRS segment traditionally operates at a loss during the second half of the year, during which time the segment incurs costs preparing for the upcoming year’s tax season. Refund Transfers (“RTs”) are fee-based products whereby a tax refund is issued to the taxpayer after the Bank has received the refund from the federal or state government. There is no credit risk or borrowing cost associated with these products because they are only delivered to the taxpayer upon receipt of the tax refund directly from the governmental paying authority. Fees earned on RTs, net of revenue share, are reported as noninterest income under the line item “Net refund transfer fees.” The Easy Advance (“EA”) tax credit product is a loan that allows a taxpayer to receive an advance of a portion of their refund, with the taxpayer’s Tax Provider paying all fees to RB&T for the advance. First offered by TRS in 2016, the EA has the following features: · Offered only during the first two months of each year; · No EA fee is charged to the taxpayer customer; · All fees for the EA are paid by the Tax Providers with a restriction prohibiting the Tax Providers from passing along the fees to the taxpayer customer; · No requirement that the taxpayer customer pays for another bank product, such as an RT; · Multiple funds disbursement methods, including direct deposit, prepaid card, check, or Walmart Direct2Cash ® , based on the taxpayer-customer’s election; · Repayment of the EA to the Bank is deducted from the taxpayer customer’s tax refund proceeds; and · If an insufficient refund to repay the EA occurs: o there is no recourse to the taxpayer customer, o no negative credit reporting on the taxpayer customer, and o no collection efforts against the taxpayer customer. Fees paid by the Tax Providers to the Company for the EA product are reported as interest income on loans. EAs are generally repaid within three weeks after the taxpayer customer’s tax return is submitted to the applicable taxing authority. EAs do not have a contractual due date but the Company considers an EA delinquent if it remains unpaid three weeks after the taxpayer customer’s tax return is submitted to the applicable taxing authority. Provisions for loan losses on EAs are estimated when advances are made, with provisions for all probable EA losses made in the first quarter of each year. Unpaid EAs are charged-off within 111 days after the taxpayer customer’s tax return is submitted to the applicable taxing authority, with the majority of charge-offs typically recorded during the second quarter of the year. Related to the overall credit losses on EAs, the Bank’s ability to control losses is highly dependent upon its ability to predict the taxpayer’s likelihood to receive the tax refund as claimed on the taxpayer’s tax return. Each year, the Bank’s EA approval model is based primarily on the prior-year’s tax refund funding patterns. Because much of the loan volume occurs each year before that year’s tax refund funding patterns can be analyzed and subsequent underwriting changes made, credit losses during a current year could be higher than management’s predictions if tax refund funding patterns change materially between years. Republic Payment Solutions division — RPS is managed and operated within the TRS segment. The RPS division is an issuing bank offering general-purpose reloadable prepaid cards through third-party service providers. For the projected near-term, as the prepaid card program matures, the operating results of the RPS division are expected to be immaterial to the Company’s overall results of operations and will be reported as part of the TRS segment. The RPS division will not be considered a separate reportable segment until such time, if any, that it meets quantitative reporting thresholds. The Company reports fees related to RPS programs under Program fees. Additionally, the Company’s portion of interchange revenue generated by prepaid card transactions is reported as noninterest income under “Interchange fee income.” Republic Credit Solutions segment — Through the RCS segment, the Bank offers consumer credit products. In general, the credit products are unsecured, small dollar consumer loans with maturities of 30-days-or-more, and are dependent on various factors including the consumer’s ability to repay. RCS loans typically earn a higher yield but also have higher credit risk compared to loans originated through the Traditional Banking segment, with a significant portion of RCS clients considered subprime or near-prime borrowers. Additional information regarding consumer loan products offered through RCS follows: · Line of credit – The Bank originates a line-of-credit product to generally subprime borrowers across the United States through one third-party service provider. RCS sells 90% of the balances generated within two business days of loan origination to its third-party service provider and retains the remaining 10% interest. The line-of-credit product represents the substantial majority of RCS activity. Loan balances held for sale are carried at the lower of cost or fair value. · Credit card – The Bank originates a credit card product to generally subprime borrowers across the United States through one third-party service provider. RCS sells 90% of the balances generated within two business days of each transaction occurrence to its third-party service provider and retains the remaining 10% interest. Loan balances held for sale are carried at the lower of cost or fair value. · Healthcare receivables – The Bank originates a healthcare-receivables product across the United States through two different third-party service providers. For one third-party service provider the Bank retains 100% of the receivables originated. For the other third-party service provider, the Bank retains 100% of the receivables originated in some instances and sells 100% of the receivables in other instances within one month of origination. Loan balances held for sale are carried at the lower of cost or fair value. · Installment loan – The Bank originates an installment-loan product across the United States through a third-party service provider and sells 100% of the balances generated approximately 21 days after origination back to this third-party. Unlike RCS’s other products, the Company carries these installment loans held for sale at fair value, with this portfolio marked to market on a monthly basis. The Company reports interest income and loan origination fees earned on RCS loans under “Loans, including fees,” while any gains or losses on sale and mark-to-market adjustments of RCS loans are reported as noninterest income under “Program fees.” Accounting Standards Updates (“ASUs”) The following ASUs were issued prior to March 31, 2018 and are considered relevant to the Company’s financial statements. Generally, if an issued-but-not-yet-effective ASU with an expected immaterial impact to the Company has been disclosed in prior Company financial statements, it will not be re-disclosed below. ASU. No. Topic Nature of Update Date Adoption Required Method of Adoption Expected Financial Statement Impact 2016-02 Leases (Topic 842) Most leases are considered operating leases, which are not accounted for on the lessees’ balance sheets. The significant change under this ASU is that those operating leases will be recorded on the balance sheet. January 1, 2019 Modified-retrospective approach, which includes a number of optional practical expedients. During 2018, the Company completed another iteration of a pro forma impact analysis on the Company's financial statements of implementing this standard. Based on this analysis, the Company believes approximately $30 million of leases will be placed on its balance sheet, with this amount increasing both total assets and total liabilities. Additionally, the Company's analysis reflected that this ASU would have minimal impact on the Company's performance metrics, including regulatory capital ratios and return on average assets. From a client perspective, the Company is currently reviewing the impact of this ASU on any debt covenants. 2016-13 Financial Instruments – Credit Losses (Topic 326) Amends guidance on reporting credit losses for assets held at amortized-cost basis and available-for-sale debt securities. January 1, 2020 Modified-retrospective approach. As a result of this ASU, the Company expects a substantial, yet fully undetermined, increase in its allowance for credit losses. A committee formed by the Company to oversee its transition to a current expected credit losses (“CECL”) methodology has analyzed the Company’s loan-level data and preliminarily concluded that no additional loan level segmentation beyond its current methodology segmentation would be warranted under CECL. The Company is also currently performing iterations of its allowance calculation under a “beta” CECL model provided by the same third-party software solution currently-employed to calculate the Company's allowance for loan and lease losses. 2018-02 Income Statement — Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income ("AOCI") This ASU provides the Company with an option to reclassify stranded tax effects within AOCI to retained earnings in each period in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act (or portion thereof) is recorded. January 1, 2019 Period of adoption or retrospectively. Immaterial. The following ASUs were adopted by the Company during the three months ended March 31, 2018: ASU. No. Topic Nature of Update Date Adopted Method of Adoption Financial Statement Impact 2014-09 Revenue from Contracts with Customers (Topic 606) Requires that revenue from contracts with clients be recognized upon transfer of control of a good or service in the amount of consideration expected to be received. Changes the accounting for certain contract costs, including whether they may be offset against revenue in the statements of income, and requires additional disclosures about revenue and contract costs. January 1, 2018 Retrospective transition. Because most financial instruments are not subject to this ASU, a substantial portion of the Company's revenue was not impacted by this standard. Furthermore, this new standard did not have a material impact on the timing of revenue recognition for any of the Company's revenue during the first quarter of 2018 nor is it expected to going forward. Additionally, the Company took the following actions in association with the adoption of this ASU: 1) amended its accounting policies and procedures to assure proper revenue recognition in conformity with this ASU; and 2) updated its revenue-recognition financial statement disclosures (see footnote 16 in this section of the filing). 2016-01 Financial Instruments – Overall (Topic 825-10) Among other things: Requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. Requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables). Eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. January 1, 2018 Modified-retrospective approach. The Company has updated its policies, procedures, and financial statement presentation and disclosures for this ASU. As provided by this ASU, the Company now reports its financial instruments at exit price (see footnote 9 in this section of the filing) and recognizes changes in the fair value of applicable equity investments in net income (see footnote 2 in this section of the filing). 2016-15 Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments This ASU provides cash flow statement classification guidance on eight reportable topics. January 1, 2018 Retrospective transition. Immaterial. 2016-18 Statement of Cash Flows (Topic 230) Requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. As a result, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments do not provide a definition of restricted cash or restricted cash equivalents. January 1, 2018 Retrospective transition. Immaterial. 2017-09 Compensation - Stock Compensation (Topic 718) The amendments provide guidance on determining which changes to the terms and conditions of share-based payment awards require the Company to apply modification accounting under Topic 718. January 1, 2018 Prospectively. Immaterial. 2018-05 Income Taxes (Topic 740): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118 ("SAB 118") This ASU updates the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") for guidance issued by the SEC in SAB 118. Among other things, SAB 118 allows companies a one-year measurement period to complete their accounting for the impact of the 2017 Tax Cuts and Jobs Act. Upon addition to the ASC Not Applicable. For the Company's financial statement disclosures in accordance with SAB 118, see footnote 19 of the Company's Annual Report on Form 10-K for the year ended December 31, 2017 and footnote 14 in this section of the filing.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2018
INVESTMENT SECURITIES
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES Available-for-Sale Debt Securities The gross amortized cost and fair value of available-for-sale debt securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (“AOCI”) were as follows: Gross Gross Amortized Unrealized Unrealized Fair March 31, 2018 (in thousands) Cost Gains Losses Value U.S. Treasury securities and U.S. Government agencies $ 219,157 $ — $ (2,156) $ 217,001 Private label mortgage backed security 2,738 1,382 — 4,120 Mortgage backed securities - residential 100,439 1,370 (1,571) 100,238 Collateralized mortgage obligations 84,074 279 (1,608) 82,745 Corporate bonds 10,000 — (21) 9,979 Trust preferred security 3,503 397 — 3,900 Total available-for-sale debt securities $ 419,911 $ 3,428 $ (5,356) $ 417,983 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2017 (in thousands) Cost Gains Losses Value U.S. Treasury securities and U.S. Government agencies $ 309,042 $ 1 $ (1,451) $ 307,592 Private label mortgage backed security 3,065 1,384 — 4,449 Mortgage backed securities - residential 105,644 1,603 (873) 106,374 Collateralized mortgage obligations 87,867 371 (1,075) 87,163 Corporate bonds 15,001 124 — 15,125 Trust preferred security 3,493 107 — 3,600 Total available-for-sale debt securities $ 524,112 $ 3,590 $ (3,399) $ 524,303 Held-to-Maturity Debt Securities The carrying value, gross unrecognized gains and losses, and fair value of held-to-maturity debt securities were as follows: Gross Gross Carrying Unrecognized Unrecognized Fair March 31, 2018 (in thousands) Value Gains Losses Value Mortgage backed securities - residential $ 150 $ 10 $ — $ 160 Collateralized mortgage obligations 22,062 285 (16) 22,331 Corporate bonds 40,168 405 — 40,573 Obligations of state and political subdivisions 464 — (13) 451 Total held-to-maturity debt securities $ 62,844 $ 700 $ (29) $ 63,515 Gross Gross Carrying Unrecognized Unrecognized Fair December 31, 2017 (in thousands) Value Gains Losses Value Mortgage backed securities - residential $ 151 $ 10 $ — $ 161 Collateralized mortgage obligations 23,437 236 (17) 23,656 Corporate bonds 40,175 686 (3) 40,858 Obligations of state and political subdivisions 464 — (6) 458 Total held-to-maturity debt securities $ 64,227 $ 932 $ (26) $ 65,133 At March 31, 2018 and December 31, 2017, there were no holdings of debt securities of any one issuer, other than the U.S. government and its agencies, in an amount greater than 10% of stockholders’ equity. Sales of Available-for-Sale Debt Securities During the three months ended March 31, 2018 and 2017, there were no gains or losses on sales or calls of available-for-sale debt securities. Debt Securities by Contractual Maturity The amortized cost and fair value of debt securities by contractual maturity at March 31, 2018 follow. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are detailed separately. Available-for-Sale Held-to-Maturity Debt Securities Debt Securities Amortized Fair Carrying Fair March 31, 2018 (in thousands) Cost Value Value Value Due in one year or less $ 80,069 $ 79,732 $ — $ — Due from one year to five years 139,088 137,270 10,441 10,473 Due from five years to ten years 10,000 9,978 30,191 30,551 Due beyond ten years 3,503 3,900 — — Private label mortgage backed security 2,738 4,120 — — Mortgage backed securities - residential 100,439 100,238 150 160 Collateralized mortgage obligations 84,074 82,745 22,062 22,331 Total debt securities $ 419,911 $ 417,983 $ 62,844 $ 63,515 Corporate Bonds The Bank’s floating rate corporate bonds were rated “investment grade” by accredited rating agencies as of their respective purchase dates. The total fair value of the Bank’s corporate bonds represented 10% and 9% of the Bank’s investment portfolio as of March 31, 2018 and December 31, 2017. Mortgage Backed Securities and Collateralized Mortgage Obligations At March 31, 2018, with the exception of the $4.1 million private label mortgage backed security, all other mortgage backed securities and collateralized mortgage obligations (“CMOs”) held by the Bank were issued by U.S. government-sponsored entities and agencies, primarily Freddie Mac and the Fannie Mae. At March 31, 2018 and December 31, 2017, there were gross unrealized losses of $3.2 million and $1.9 million related to available for sale mortgage backed securities and CMOs. Because these unrealized losses are attributable to changes in interest rates and illiquidity, and not credit quality, and because the Bank does not have the intent to sell these securities, and it is likely that it will not be required to sell the securities before their anticipated recovery, management does not consider these securities to have other-than-temporary impairment (“OTTI”). Trust Preferred Security During 2015, the Parent Company purchased a $3 million floating rate trust preferred security (“TRUP”) at a price of 68% of par. The coupon on this security is based on the 3-month London Interbank Borrowing Rate (“LIBOR”) rate plus 159 basis points. The Company performed an initial analysis prior to acquisition and performs ongoing analysis of the credit risk of the underlying borrower in relation to its TRUP. Unrealized-Loss Analysis on Debt Securities Debt securities with unrealized losses at March 31, 2018 and December 31, 2017, aggregated by investment category and length of time that individual debt securities have been in a continuous unrealized loss position, were as follows: Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized March 31, 2018 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ 98,699 $ (1,011) $ 88,303 $ (1,145) $ 187,002 $ (2,156) Mortgage backed securities - residential 58,202 (1,238) 9,377 (333) 67,579 (1,571) Collateralized mortgage obligations 30,426 (864) 23,081 (744) 53,507 (1,608) Corporate bonds 9,979 (21) — — 9,979 (21) Total available-for-sale debt securities $ 197,306 $ (3,134) $ 120,761 $ (2,222) $ 318,067 $ (5,356) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 2017 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ 209,165 $ (499) $ 88,415 $ (952) $ 297,580 $ (1,451) Mortgage backed securities - residential 61,348 (617) 10,192 (256) 71,540 (873) Collateralized mortgage obligations 30,963 (642) 18,603 (433) 49,566 (1,075) Total available-for-sale debt securities $ 301,476 $ (1,758) $ 117,210 $ (1,641) $ 418,686 $ (3,399) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized March 31, 2018 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Held-to-maturity debt securities: Collateralized mortgage obligations $ — $ — $ 6,128 $ (16) $ 6,128 $ (16) Obligations of state and political subdivisions 451 (13) — — 451 (13) Total held-to-maturity debt securities: $ 451 $ (13) $ 6,128 $ (16) $ 6,579 $ (29) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 2017 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Held-to-maturity debt securities: Collateralized mortgage obligations $ — $ — $ 6,390 $ (17) $ 6,390 $ (17) Corporate bonds 4,997 (3) — — 4,997 (3) Obligations of state and political subdivisions 458 (6) — — 458 (6) Total held-to-maturity debt securities: $ 5,455 $ (9) $ 6,390 $ (17) $ 11,845 $ (26) At March 31, 2018, the Bank’s security portfolio consisted of 182 securities, 58 of which were in an unrealized loss position. At December 31, 2017, the Bank’s security portfolio consisted of 185 securities, 58 of which were in an unrealized loss position. Other-than-temporary impairment Unrealized losses for all debt securities are reviewed to determine whether the losses are “other-than-temporary.” Debt securities are evaluated for OTTI on at least a quarterly basis and more frequently when economic or market conditions warrant such an evaluation to determine whether a decline in value below amortized cost is other-than-temporary. In conducting this assessment, the Bank evaluates a number of factors including, but not limited to the following: · The length of time and the extent to which fair value has been less than the amortized cost basis; · The Bank’s intent to hold until maturity or sell the debt security prior to maturity; · An analysis of whether it is more-likely-than-not that the Bank will be required to sell the debt security before its anticipated recovery; · Adverse conditions specifically related to the security, an industry, or a geographic area; · The historical and implied volatility of the fair value of the security; · The payment structure of the security and the likelihood of the issuer being able to make payments; · Failure of the issuer to make scheduled interest or principal payments; · Any rating changes by a rating agency; and · Recoveries or additional decline in fair value subsequent to the balance sheet date. The term “other-than-temporary” is not intended to indicate that the decline is permanent, but indicates that the prospects for a near-term recovery of value are not necessarily favorable, or that there is a general lack of evidence to support a realizable value equal to or greater than the carrying value of the investment. Once a decline in value is determined to be other-than-temporary, the value of the security is reduced and a corresponding charge to earnings is recognized for the anticipated credit losses. The Bank owns one private label mortgage backed security with a total carrying value of $4.1 million at March 31, 2018. This security is mostly backed by “Alternative A” first lien mortgage loans, but also has an insurance “wrap” or guarantee as an added layer of protection to the security holder. This asset is illiquid, and as such, the Bank determined it to be a Level 3 security in accordance with Accounting Standards Codification (“ASC”) Topic 820, Fair Value Measurements and Disclosures. Based on this determination, the Bank utilized an income valuation model (“present value model”) approach, in determining the fair value of the security. This approach is beneficial for positions that are not traded in active markets or are subject to transfer restrictions, and/or where valuations are adjusted to reflect illiquidity and/or non-transferability. Such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. Management’s best estimate consists of both internal and external support for this investment. See additional discussion regarding the Bank’s private label mortgage backed security under Footnote 9 “Fair Value” in this section of the filing. Pledged Debt Securities Debt securities pledged to secure public deposits, securities sold under agreements to repurchase and debt securities held for other purposes, as required or permitted by law are as follows: (in thousands) March 31, 2018 December 31, 2017 Carrying amount $ 257,934 $ 262,679 Fair value 258,250 262,902 Equity Securities On January 1, 2018, the Company adopted ASU 2016-01, Financial Instruments . Among other things, ASU 2016-01 requires the Company recognize changes in the fair value of equity investments with a readily determinable fair value in net income unless those investments are accounted for under the equity method of accounting. The carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values were as follows: Gross Gross Amortized Unrealized Unrealized Fair March 31, 2018 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 328 $ — $ 328 Community Reinvestment Act mutual fund 2,500 — (82) 2,418 Total equity securities with readily determinable fair values $ 2,500 $ 328 $ (82) $ 2,746 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2017 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 473 $ — $ 473 Community Reinvestment Act mutual fund 2,500 — (45) 2,455 Total equity securities with readily determinable fair values $ 2,500 $ 473 $ (45) $ 2,928 For equity securities with readily determinable fair values, the gross realized and unrealized gains and losses recognized in the Company’s consolidated statements of income were as follows: Three Months Ended March 31, 2018 Gains (Losses) Recognized on Equity Securities (in thousands) Realized Unrealized Total Freddie Mac preferred stock $ — $ (145) $ (145) Community Reinvestment Act mutual fund — (37) (37) Total equity securities with readily determinable fair value $ — $ (182) $ (182)

LOANS HELD FOR SALE

LOANS HELD FOR SALE	3 Months Ended
	Mar. 31, 2018
LOANS HELD FOR SALE.
LOANS HELD FOR SALE	3. LOANS HELD FOR SALE In the ordinary course of business, the Bank originates for sale mortgage loans and consumer loans. Mortgage loans originated for sale are primarily originated and sold into the secondary market through the Bank’s Mortgage Banking segment, while consumer loans originated for sale are originated and sold through the RCS segment. Mortgage Loans Held for Sale, at Fair Value See additional detail regarding mortgage loans originated for sale, at fair value under Footnote 10 “Mortgage Banking Activities” of this section of the filing. Consumer Loans Held for Sale, at Fair Value RCS maintains an installment loan program where the Company sells 100% of the loans approximately 21 days after origination. The Company carries these loans at fair value, with the loans marked to market on a monthly basis, with changes in their fair value reported as a component of “Program fees.” Activity for consumer loans held for sale and carried at fair value was as follows: Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 2,677 $ 2,198 Origination of consumer loans held for sale 10,439 12,238 Proceeds from the sale of consumer loans held for sale (10,760) (10,783) Net gain on sale of consumer loans held for sale 63 26 Balance, end of period $ 2,419 $ 3,679 Consumer Loans Held for Sale, at the Lower of Cost or Fair Value RCS originates for sale its line-of-credit product and its credit card product. The Bank sells 90% of the balances maintained through these products within two days of loan origination and retains a 10% interest. The line-of-credit product represents the substantial majority of activity in consumer loans held for sale carried at the lower of cost or fair value. Gains or losses on the sale of RCS products are reported as a component of “Program fees.” Activity for consumer loans held for sale and carried at the lower of cost or market value was as follows: Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 8,551 $ 1,310 Origination of consumer loans held for sale 154,057 114,686 Proceeds from the sale of consumer loans held for sale (156,802) (115,658) Net gain on sale of consumer loans held for sale 1,574 1,082 Balance, end of period $ 7,380 $ 1,420

LOANS AND ALLOWANCE FOR LOAN AN

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES	3 Months Ended
	Mar. 31, 2018
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES	4. LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES The composition of the loan portfolio at period end follows: (in thousands) March 31, 2018 December 31, 2017 Traditional Banking: Residential real estate: Owner occupied $ 912,415 $ 921,565 Owner occupied - correspondent* 111,263 116,792 Nonowner occupied 216,095 205,081 Commercial real estate 1,216,592 1,207,293 Construction & land development 160,391 150,065 Commercial & industrial 355,316 341,692 Lease financing receivables 15,751 16,580 Home equity 342,217 347,655 Consumer: Credit cards 16,677 16,078 Overdrafts 791 974 Automobile loans 65,281 65,650 Other consumer 27,556 20,501 Total Traditional Banking 3,440,345 3,409,926 Warehouse lines of credit* 533,959 525,572 Total Core Banking 3,974,304 3,935,498 Republic Processing Group*: Tax Refund Solutions: Easy Advances 15,601 — Other TRS loans 192 11,648 Republic Credit Solutions 62,403 66,888 Total Republic Processing Group 78,196 78,536 Total loans** 4,052,500 4,014,034 Allowance for loan and lease losses (52,341) (42,769) Total loans, net $ 4,000,159 $ 3,971,265 *Identifies loans to borrowers located primarily outside of the Bank’s market footprint. ** Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs. See table directly below for expanded detail. The following table reconciles the contractually receivable and carrying amounts of loans at March 31, 2018 and December 31, 2017: (in thousands) March 31, 2018 December 31, 2017 Contractually receivable $ 4,052,694 $ 4,014,673 Unearned income(1) (1,219) (1,157) Unamortized premiums(2) 914 1,069 Unaccreted discounts(3) (4,251) (4,643) Net unamortized deferred origination fees and costs(4) 4,362 4,092 Carrying value of loans $ 4,052,500 $ 4,014,034 (1) Unearned income relates to lease financing receivables. (2) Unamortized premiums predominately relate to loans acquired through the Bank’s Correspondent Lending channel. (3) Unaccreted discounts include accretable and non-accretable discounts and relate to loans acquired in the Bank’s 2016 Cornerstone acquisition and its 2012 FDIC-assisted transactions. (4) Primarily attributable to the Traditional Banking segment. Purchased-Credit-Impaired (“PCI”) Loans The following table reconciles the contractually required and carrying amounts of all PCI loans at March 31, 2018 and December 31, 2017: (in thousands) March 31, 2018 December 31, 2017 Contractually required principal $ 5,319 $ 5,435 Non-accretable amount (1,691) (1,691) Accretable amount (140) (140) Carrying value of loans $ 3,488 $ 3,604 The following table presents a rollforward of the accretable amount on all PCI loans for the three months ended March 31, 2018 and 2017: Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ (140) $ (3,600) Transfers between non-accretable and accretable* — 90 Net accretion into interest income on loans, including loan fees — 101 Balance, end of period $ (140) $ (3,409) * Transfers are primarily attributable to changes in estimated cash flows of the underlying loans. Credit Quality Indicators The following tables include loans by risk category based on the Bank’s internal analyses performed as of March 31, 2018 and December 31, 2017. Risk categories are defined in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017: March 31, 2018 Special Doubtful / PCI Loans - PCI Loans - Total Rated (in thousands) Pass Mention Substandard Loss Group 1 Substandard Loans* Traditional Banking: Residential real estate: Owner occupied $ — $ 17,690 $ 12,395 $ — $ 176 $ 1,609 $ 31,870 Owner occupied - correspondent — — 383 — — — 383 Nonowner occupied — 628 2,259 — 244 — 3,131 Commercial real estate 1,205,748 4,743 4,765 — 1,336 — 1,216,592 Construction & land development 159,780 — 611 — — — 160,391 Commercial & industrial 354,477 36 791 — 12 — 355,316 Lease financing receivables 15,751 — — — — — 15,751 Home equity — 33 1,427 — 6 102 1,568 Consumer: Credit cards — — — — — — — Overdrafts — — — — — — — Automobile loans — — 141 — — — 141 Other consumer — — 556 — — 3 559 Total Traditional Banking 1,735,756 23,130 23,328 — 1,774 1,714 1,785,702 Warehouse lines of credit 533,959 — — — — — 533,959 Total Core Banking 2,269,715 23,130 23,328 — 1,774 1,714 2,319,661 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — Other TRS loans — — — — — — — Republic Credit Solutions — — 1,306 — — — 1,306 Total Republic Processing Group — — 1,306 — — — 1,306 Total rated loans $ 2,269,715 $ 23,130 $ 24,634 $ — $ 1,774 $ 1,714 $ 2,320,967 December 31, 2017 Special Doubtful / PCI Loans - PCI Loans - Total Rated (in thousands) Pass Mention Substandard Loss Group 1 Substandard Loans* Traditional Banking: Residential real estate: Owner occupied $ — $ 18,054 $ 12,056 $ — $ 180 $ 1,658 $ 31,948 Owner occupied - correspondent — — — — — — — Nonowner occupied — 635 1,240 — 248 — 2,123 Commercial real estate 1,197,299 4,824 3,798 — 1,372 — 1,207,293 Construction & land development 149,332 — 733 — — — 150,065 Commercial & industrial 341,377 267 21 — 27 — 341,692 Lease financing receivables 16,580 — — — — — 16,580 Home equity — 33 1,609 — 6 110 1,758 Consumer: Credit cards — — — — — — — Overdrafts — — — — — — — Automobile loans — — 108 — — — 108 Other consumer — — 571 — — 3 574 Total Traditional Banking 1,704,588 23,813 20,136 — 1,833 1,771 1,752,141 Warehouse lines of credit 525,572 — — — — — 525,572 Total Core Banking 2,230,160 23,813 20,136 — 1,833 1,771 2,277,713 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — Other TRS loans 11,648 — — — — — 11,648 Republic Credit Solutions — — 1,066 — — — 1,066 Total Republic Processing Group 11,648 — 1,066 — — — 12,714 Total rated loans $ 2,241,808 $ 23,813 $ 21,202 $ — $ 1,833 $ 1,771 $ 2,290,427 *The above tables exclude all non-classified residential real estate, home equity and consumer loans at the respective period ends. Allowance for Loan and Lease Losses The following table presents the activity in the Allowance by portfolio class: Allowance Rollforward Three Months Ended March 31, 2018 2017 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Traditional Banking: Residential real estate: Owner occupied $ 6,182 $ — $ (215) $ 21 $ 5,988 $ 7,158 $ (143) $ (3) $ 59 $ 7,071 Owner occupied - correspondent 292 (14) — — 278 373 (9) (11) — 353 Nonowner occupied 1,396 165 (121) 21 1,461 1,139 59 — — 1,198 Commercial real estate 9,043 292 — 125 9,460 8,078 (197) — 17 7,898 Construction & land development 2,364 354 — 2 2,720 1,850 383 — — 2,233 Commercial & industrial 2,198 126 (108) 31 2,247 1,511 (44) — 21 1,488 Lease financing receivables 174 (9) — — 165 136 9 — — 145 Home equity 3,754 (111) — 26 3,669 3,757 69 (4) 9 3,831 Consumer: Credit cards 607 235 (93) 7 756 490 38 (27) 5 506 Overdrafts 974 17 (289) 89 791 675 83 (184) 67 641 Automobile loans 687 19 — — 706 526 36 — 1 563 Other consumer 1,162 (135) (120) 83 990 771 183 (230) 101 825 Total Traditional Banking 28,833 939 (946) 405 29,231 26,464 467 (459) 280 26,752 Warehouse lines of credit 1,314 21 — — 1,335 1,464 (226) — — 1,238 Total Core Banking 30,147 960 (946) 405 30,566 27,928 241 (459) 280 27,990 Republic Processing Group: Tax Refund Solutions: Easy Advances — 13,277 (3,705) — 9,572 — 8,601 (860) — 7,741 Other TRS loans 12 112 — 1 125 25 (260) — 235 — Republic Credit Solutions 12,610 2,906 (3,696) 258 12,078 4,967 3,769 (2,285) 180 6,631 Total Republic Processing Group 12,622 16,295 (7,401) 259 21,775 4,992 12,110 (3,145) 415 14,372 Total $ 42,769 $ 17,255 $ (8,347) $ 664 $ 52,341 $ 32,920 $ 12,351 $ (3,604) $ 695 $ 42,362 Nonperforming Loans and Nonperforming Assets Detail of nonperforming loans, nonperforming assets and select credit quality ratios follows: (dollars in thousands) March 31, 2018 December 31, 2017 Loans on nonaccrual status* $ 14,849 $ 14,118 Loans past due 90-days-or-more and still on accrual** 1,279 956 Total nonperforming loans 16,128 15,074 Other real estate owned 160 115 Total nonperforming assets $ 16,288 $ 15,189 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.40 % 0.38 % Nonperforming assets to total loans (including OREO) 0.40 0.38 Nonperforming assets to total assets 0.32 0.30 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.37 % 0.36 % Nonperforming assets to total loans (including OREO) 0.38 0.36 Nonperforming assets to total assets 0.31 0.28 *Loans on nonaccrual status include impaired loans. **Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. The following table presents the recorded investment in nonaccrual loans and loans past due 90-days-or-more and still on accrual by class of loans: Past Due 90-Days-or-More Nonaccrual and Still Accruing Interest* (in thousands) March 31, 2018 December 31, 2017 March 31, 2018 December 31, 2017 Traditional Banking: Residential real estate: Owner occupied $ 8,952 $ 9,230 $ — $ — Owner occupied - correspondent — — — — Nonowner occupied 758 257 — — Commercial real estate 3,351 3,247 — — Construction & land development 62 67 — — Commercial & industrial 706 — — — Lease financing receivables — — — — Home equity 929 1,217 — — Consumer: Credit cards — — 1 — Overdrafts — — — — Automobile loans 65 68 — — Other consumer 26 32 26 19 Total Traditional Banking 14,849 14,118 27 19 Warehouse lines of credit — — — — Total Core Banking 14,849 14,118 27 19 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — Other TRS loans — — — — Republic Credit Solutions — — 1,252 937 Total Republic Processing Group — — 1,252 937 Total $ 14,849 $ 14,118 $ 1,279 $ 956 * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. Nonaccrual loans and loans past due 90-days-or-more and still on accrual include both smaller balance, primarily retail, homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. Nonaccrual loans are typically returned to accrual status when all the principal and interest amounts contractually due are brought current and held current for six consecutive months and future contractual payments are reasonably assured. Troubled Debt Restructurings (“TDRs”) on nonaccrual status are reviewed for return to accrual status on an individual basis, with additional consideration given to performance under the modified terms. Delinquent Loans The following tables present the aging of the recorded investment in loans by class of loans: 30 - 59 60 - 89 90 or More March 31, 2018 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent** Current Total Traditional Banking: Residential real estate: Owner occupied $ 1,191 $ 960 $ 1,344 $ 3,495 $ 908,920 $ 912,415 Owner occupied - correspondent 383 — — 383 110,880 111,263 Nonowner occupied 645 — 99 744 215,351 216,095 Commercial real estate 80 811 1,399 2,290 1,214,302 1,216,592 Construction & land development — — — — 160,391 160,391 Commercial & industrial 124 15 — 139 355,177 355,316 Lease financing receivables — — — — 15,751 15,751 Home equity 481 179 187 847 341,370 342,217 Consumer: Credit cards 37 29 1 67 16,610 16,677 Overdrafts 176 1 — 177 614 791 Automobile loans — 21 23 44 65,237 65,281 Other consumer 61 30 26 117 27,439 27,556 Total Traditional Banking 3,178 2,046 3,079 8,303 3,432,042 3,440,345 Warehouse lines of credit — — — — 533,959 533,959 Total Core Banking 3,178 2,046 3,079 8,303 3,966,001 3,974,304 Republic Processing Group: Tax Refund Solutions: Easy Advances 13,163 — — 13,163 2,438 15,601 Other TRS loans — — — — 192 192 Republic Credit Solutions 2,487 628 1,252 4,367 58,036 62,403 Total Republic Processing Group 15,650 628 1,252 17,530 60,666 78,196 Total $ 18,828 $ 2,674 $ 4,331 $ 25,833 $ 4,026,667 $ 4,052,500 Delinquency ratio*** 0.46 % 0.07 % 0.11 % 0.64 % * All loans past due 90-days-or-more, excluding small balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. Easy Advances do not have a contractual due date but the Company considers an Easy Advance delinquent if it remains unpaid three weeks after the taxpayer customer’s tax return is submitted to the applicable tax authority. *** Represents total loans 30-days-or-more past due by aging category divided by total loans. 30 - 59 60 - 89 90 or More December 31, 2017 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent** Current Total Traditional Banking: Residential real estate: Owner occupied $ 2,559 $ 1,166 $ 1,057 $ 4,782 $ 916,783 $ 921,565 Owner occupied - correspondent — — — — 116,792 116,792 Nonowner occupied 47 — 99 146 204,935 205,081 Commercial real estate 398 — 1,329 1,727 1,205,566 1,207,293 Construction & land development 67 — — 67 149,998 150,065 Commercial & industrial 15 — — 15 341,677 341,692 Lease financing receivables — — — — 16,580 16,580 Home equity 723 50 448 1,221 346,434 347,655 Consumer: Credit cards 34 40 — 74 16,004 16,078 Overdrafts 230 3 — 233 741 974 Automobile loans 36 — 24 60 65,590 65,650 Other consumer 93 21 21 135 20,366 20,501 Total Traditional Banking 4,202 1,280 2,978 8,460 3,401,466 3,409,926 Warehouse lines of credit — — — — 525,572 525,572 Total Core Banking 4,202 1,280 2,978 8,460 3,927,038 3,935,498 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — Other TRS loans — — — — 11,648 11,648 Republic Credit Solutions 3,631 1,073 937 5,641 61,247 66,888 Total Republic Processing Group 3,631 1,073 937 5,641 72,895 78,536 Total $ 7,833 $ 2,353 $ 3,915 $ 14,101 $ 3,999,933 $ 4,014,034 Delinquency ratio*** 0.20 % 0.06 % 0.10 % 0.35 % * All loans past due 90-days-or-more, excluding smaller balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. *** Represents total loans 30-days-or-more past due by aging category divided by total loans. Impaired Loans Information regarding the Bank’s impaired loans follows: (in thousands) March 31, 2018 December 31, 2017 Loans with no allocated Allowance $ 19,992 $ 18,540 Loans with allocated Allowance 27,935 27,076 Total recorded investment in impaired loans $ 47,927 $ 45,616 Amount of the allocated Allowance $ 4,579 $ 4,685 Approximately $3 million and $4 million of impaired loans at March 31, 2018 and December 31, 2017 were PCI loans. Approximately $2 million and $2 million of impaired loans at March 31, 2018 and December 31, 2017 were formerly PCI loans that became classified as “impaired” through a post-acquisition troubled debt restructuring. The following tables present the balance in the Allowance and the recorded investment in loans by portfolio class based on impairment method as of March 31, 2018 and December 31, 2017: Allowance for Loan and Lease Losses Loans Individually PCI with Individually PCI with PCI without March 31, 2018 Evaluated Collectively Post Acquisition Total Evaluated Collectively Post Acquisition Post Acquisition Total Allowance to (dollars in thousands) Excluding PCI Evaluated Impairment Allowance Excluding PCI Evaluated Impairment Impairment Loans Total Loans Traditional Banking: Residential real estate: Owner occupied $ 2,280 $ 3,430 $ 278 $ 5,988 $ 27,610 $ 883,020 $ 1,785 $ — $ 912,415 0.66 % Owner occupied - correspondent — 278 — 278 383 110,880 — — 111,263 0.25 Nonowner occupied 3 1,456 2 1,461 2,827 213,024 244 — 216,095 0.68 Commercial real estate 729 8,683 48 9,460 10,071 1,205,185 1,334 2 1,216,592 0.78 Construction & land development 100 2,620 — 2,720 611 159,780 — — 160,391 1.70 Commercial & industrial 88 2,159 — 2,247 799 354,505 — 12 355,316 0.63 Lease financing receivables — 165 — 165 — 15,751 — — 15,751 1.05 Home equity 402 3,162 105 3,669 1,427 340,682 108 — 342,217 1.07 Consumer: Credit cards — 756 — 756 — 16,677 — — 16,677 4.53 Overdrafts — 791 — 791 — 791 — — 791 100.00 Automobile loans 41 665 — 706 141 65,140 — — 65,281 1.08 Other consumer 479 508 3 990 530 27,023 3 — 27,556 3.59 Total Traditional Banking 4,122 24,673 436 29,231 44,399 3,392,458 3,474 14 3,440,345 0.85 Warehouse lines of credit — 1,335 — 1,335 — 533,959 — — 533,959 0.25 Total Core Banking 4,122 26,008 436 30,566 44,399 3,926,417 3,474 14 3,974,304 0.77 Republic Processing Group: Tax Refund Solutions: Easy Advances — 9,572 — 9,572 — 15,601 — — 15,601 61.36 Other TRS loans — 125 — 125 — 192 — — 192 65.10 Republic Credit Solutions 21 12,057 — 12,078 54 62,349 — — 62,403 19.35 Total Republic Processing Group 21 21,754 — 21,775 54 78,142 — — 78,196 27.85 Total $ 4,143 $ 47,762 $ 436 $ 52,341 $ 44,453 $ 4,004,559 $ 3,474 $ 14 $ 4,052,500 1.29 % Allowance for Loan and Lease Losses Loans Individually PCI with Individually PCI with PCI without December 31, 2017 Evaluated Collectively Post Acquisition Total Evaluated Collectively Post Acquisition Post Acquisition Total Allowance to (dollars in thousands) Excluding PCI Evaluated Impairment Allowance Excluding PCI Evaluated Impairment Impairment Loans Total Loans Traditional Banking: Residential real estate: Owner occupied $ 2,361 $ 3,501 $ 320 $ 6,182 $ 27,605 $ 892,122 $ 1,838 $ — $ 921,565 0.67 % Owner occupied - correspondent — 292 — 292 — 116,792 — — 116,792 0.25 Nonowner occupied 4 1,390 2 1,396 1,814 203,019 248 — 205,081 0.68 Commercial real estate 407 8,588 48 9,043 9,185 1,196,736 1,369 3 1,207,293 0.75 Construction & land development 107 2,257 — 2,364 733 149,332 — — 150,065 1.58 Commercial & industrial 288 1,910 — 2,198 308 341,357 — 27 341,692 0.64 Lease financing receivables — 174 — 174 — 16,580 — — 16,580 1.05 Home equity 425 3,218 111 3,754 1,609 345,930 115 1 347,655 1.08 Consumer: Credit cards — 607 — 607 — 16,078 — — 16,078 3.78 Overdrafts — 974 — 974 — 974 — — 974 100.00 Automobile loans 32 655 — 687 108 65,542 — — 65,650 1.05 Other consumer 528 631 3 1,162 552 19,946 3 — 20,501 5.67 Total Traditional Banking 4,152 24,197 484 28,833 41,914 3,364,408 3,573 31 3,409,926 0.85 Warehouse lines of credit — 1,314 — 1,314 — 525,572 — — 525,572 0.25 Total Core Banking 4,152 25,511 484 30,147 41,914 3,889,980 3,573 31 3,935,498 0.77 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — — — — Other TRS loans — 12 — 12 — 11,648 — — 11,648 0.10 Republic Credit Solutions 49 12,561 — 12,610 129 66,759 — — 66,888 18.85 Total Republic Processing Group 49 12,573 — 12,622 129 78,407 — — 78,536 16.07 Total $ 4,201 $ 38,084 $ 484 $ 42,769 $ 42,043 $ 3,968,387 $ 3,573 $ 31 $ 4,014,034 1.07 % The following tables present loans individually evaluated for impairment by class of loans as of March 31, 2018 and December 31, 2017 and for the three months ended March 31, 2018 and 2017. The difference between the “Unpaid Principal Balance” and “Recorded Investment” columns represents life-to-date partial write downs/charge offs taken on individual impaired credits. As of Three Months Ended March 31, 2018 March 31, 2018 Cash Basis Unpaid Average Interest Interest Principal Recorded Allocated Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 11,078 $ 10,370 $ — $ 10,580 $ 50 $ — Owner occupied - correspondent 383 383 — 192 4 — Nonowner occupied 3,141 2,749 — 2,227 22 — Commercial real estate 5,649 4,575 — 4,503 17 — Construction & land development 476 476 — 534 5 — Commercial & industrial 820 712 — 366 3 — Lease financing receivables — — — — — — Home equity 751 674 — 828 3 — Consumer 53 53 — 39 1 — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 19,146 19,026 2,558 18,840 172 — Owner occupied - correspondent — — — — — — Nonowner occupied 325 322 5 340 3 — Commercial real estate 6,829 6,829 777 6,477 73 — Construction & land development 135 135 100 139 1 — Commercial & industrial 87 87 88 188 1 — Lease financing receivables — — — — — — Home equity 861 861 507 802 7 — Consumer 675 675 544 722 5 — Total impaired loans $ 50,409 $ 47,927 $ 4,579 $ 46,777 $ 367 $ — As of Three Months Ended December 31, 2017 March 31, 2017 Cash Basis Unpaid Average Interest Interest Principal Recorded Allocated Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 11,664 $ 10,789 $ — $ 12,261 $ 29 $ — Owner occupied - correspondent — — — — — — Non owner occupied 1,784 1,704 — 1,394 8 — Commercial real estate 5,504 4,430 — 5,153 21 — Construction & land development 591 591 — 476 5 — Commercial & industrial 20 20 — 61 1 — Lease financing receivables — — — — — — Home equity 1,071 981 — 1,350 4 — Consumer 25 25 — 43 — — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 18,676 18,654 2,681 21,204 181 — Owner occupied - correspondent — — — — — — Non owner occupied 361 358 6 490 6 — Commercial real estate 6,124 6,124 455 6,744 67 — Construction & land development 142 142 107 401 5 — Commercial & industrial 288 288 288 386 — — Lease financing receivables — — — — — — Home equity 743 743 536 806 10 — Consumer 767 767 612 63 — — Total impaired loans $ 47,760 $ 45,616 $ 4,685 $ 50,832 $ 337 $ — Troubled Debt Restructurings A TDR is a situation where, due to a borrower’s financial difficulties, the Bank grants a concession to the borrower that the Bank would not otherwise have considered. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of their debt in the foreseeable future without the modification. This evaluation is performed in accordance with the Bank’s internal underwriting policy. All TDRs are considered “Impaired,” including PCI loans subsequently restructured. The majority of the Bank’s commercial related and construction TDRs involve a restructuring of financing terms such as a reduction in the payment amount to require only interest and escrow (if required) and/or extending the maturity date of the debt. The substantial majority of the Bank’s residential real estate TDR concessions involve reducing the client’s loan payment through a rate reduction for a set period based on the borrower’s ability to service the modified loan payment. Retail loans may also be classified as TDRs due to legal modifications, such as bankruptcies. Nonaccrual loans modified as TDRs typically remain on nonaccrual status and continue to be reported as nonperforming loans for a minimum of six consecutive months. Accruing loans modified as TDRs are evaluated for nonaccrual status based on a current evaluation of the borrower’s financial condition and ability and willingness to service the modified debt. At March 31, 2018 and December 31, 2017, $6 million and $6 million of TDRs were on nonaccrual status. Detail of TDRs differentiated by loan type and accrual status follows: Troubled Debt Troubled Debt Total Restructurings on Restructurings on Troubled Debt Nonaccrual Status Accrual Status Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 62 $ 4,797 180 $ 20,966 242 $ 25,763 Commercial real estate 2 1,342 14 6,519 16 7,861 Construction & land development 1 62 2 549 3 611 Commercial & industrial — — 5 25 5 25 Consumer — — 828 485 828 485 Total troubled debt restructurings 65 $ 6,201 1,029 $ 28,544 1,094 $ 34,745 Troubled Debt Troubled Debt Total Restructurings on Restructurings on Troubled Debt Nonaccrual Status Accrual Status Restructurings Number of Recorded Number of Recorded Number of Recorded December 31, 2017 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 62 $ 4,926 183 $ 20,189 245 $ 25,115 Commercial real estate 2 1,366 14 6,499 16 7,865 Construction & land development 1 67 3 666 4 733 Commercial & industrial — — 2 287 2 287 Consumer — — 830 637 830 637 Total troubled debt restructurings 65 $ 6,359 1,032 $ 28,278 1,097 $ 34,637 The Bank considers a TDR to be performing to its modified terms if the loan is in accrual status and not past due 30-days-or-more as of the reporting date. A summary of the categories of TDR loan modifications outstanding and respective performance under modified terms at March 31, 2018 and December 31, 2017 follows: Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments 1 $ 4 — $ — 1 $ 4 Rate reduction 144 17,205 34 3,162 178 20,367 Principal deferral 13 2,610 3 639 16 3,249 Legal modification 20 1,054 27 1,089 47 2,143 Total residential TDRs 178 20,873 64 4,890 242 25,763 Commercial related and construction/land development loans: Interest only payments 3 808 — — 3 808 Rate reduction 7 3,125 1 78 8 3,203 Principal deferral 10 3,147 3 1,339 13 4,486 Total commercial TDRs 20 7,080 4 1,417 24 8,497 Consumer loans: Principal deferral 828 485 — — 828 485 Total troubled debt restructurings 1,026 $ 28,438 68 $ 6,307 1,094 $ 34,745 Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded December 31, 2017 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments 1 $ 5 1 $ 458 2 $ 463 Rate reduction 147 17,617 32 3,081 179 20,698 Principal deferral 13 1,436 2 121 15 1,557 Legal modification 21 1,118 28 1,279 49 2,397 Total residential TDRs 182 20,176 63 4,939 245 25,115 Commercial related and construction/land development loans: Interest only payments 3 837 — — 3 837 Rate reduction 7 3,185 1 79 8 3,264 Principal deferral 9 3,430 2 1,354 11 4,784 Total commercial TDRs 19 7,452 3 1,433 22 8,885 Consumer loans: Principal deferral 830 637 — — 830 637 Total troubled debt restructurings 1,031 $ 28,265 66 $ 6,372 1,097 $ 34,637 As of March 31, 2018 and December 31, 2017, 82% and 82% of the Bank’s TDRs were performing according to their modified terms. The Bank had provided $3 million and $4 million of specific reserve allocations to clients whose loan terms have been modified in TDRs as of March 31, 2018 and December 31, 2017. The Bank had no commitments to lend any additional material amounts to its existing TDR relationships at March 31, 2018 or December 31, 2017. A summary of the categories of TDR loan modifications by respective performance as of March 31, 2018 and 2017 that were modified during the three months ended March 31, 2018 and 2017 follows: Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — — $ — — $ — Rate reduction — — 1 85 1 85 Principal deferral 1 1,204 1 522 2 1,726 Legal modification — — — — — — Total residential TDRs 1 1,204 2 607 3 1,811 Commercial related and construction/land development loans: Interest only payments — — — — — — Rate reduction — — — — — — Principal deferral 2 3 1 14 3 17 Total commercial TDRs 2 3 1 14 3 17 Consumer loans: Principal deferral 1 61 — — 1 61 Total troubled debt restructurings 4 $ 1,268 3 $ 621 7 $ 1,889 Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2017 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — — $ — — $ — Rate reduction 1 159 — — 1 159 Principal deferral — — — — — — Legal modification 2 38 — — 2 38 Total residential TDRs 3 197 — — 3 197 Commercial related and construction/land development loans: Interest only payments — — — — — — Rate reduction — — — — — — Principal deferral — — — — — — Total commercial TDRs — — — — — — Total troubled debt restructurings 3 $ 197 — $ — 3 $ 197 The tables above are inclusive of loans that were TDRs at the end of previous periods and were re-modified, e.g., a maturity date extension during the current period. As of March 31, 2018 and 2017, 67% and 100% of the Bank’s TDRs that occurred during the first quarters of 2018 and 2017 were performing according to their modified terms. The Bank provided approximately $127,000 and $29,000 in specific reserve allocations to clients whose loan terms were modified in TDRs during the first quarters of 2018 and 2017. There was no significant change between the pre and post modification loan balances for the three months ending March 31, 2018 and 2017. The following table presents loans by class modified as troubled debt restructurings within the previous 12 months of March 31, 2018 and 2017 and for which there was a payment default during the three months ended March 31, 2018 and 2017. Three Months Ended March 31, 2018 2017 Number of Recorded Number of Recorded (dollars in thousands) Loans Investment Loans Investment Residential real estate: Owner occupied 1 $ 522 — $ — Commercial & industrial 1 14 — — Total 2 $ 536 — $ — Foreclosures The following table presents the carrying amount of foreclosed properties held at March 31, 2018 and December 31, 2017 as a result of the Bank obtaining physical possession of such properties: (in thousands) March 31, 2018 December 31, 2017 Residential real estate $ 160 $ 115 Total other real estate owned $ 160 $ 115 The following table presents the recorded investment in consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process according to local requirements of the applicable jurisdiction as of March 31, 2018 and December 31, 2017: (in thousands) March 31, 2018 December 31, 2017 Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure $ 1,113 $ 1,392 Easy Advances The Company’s TRS segment offered its EA product during the first two months of 2018 and 2017. The Company based its estimated provision for EA losses on current year EA delinquency information and prior year IRS funding patterns of federal tax refunds subsequent to the first quarter. Each year, all unpaid EAs are charged-off by the end of the second quarter. Information regarding EAs follows: Three Months Ended March 31, (in thousands) 2018 2017 Easy Advances originated $ 430,212 $ 328,519 Net Charge to the Provision for Easy Advances 13,277 8,601 Provision to total Easy Advances originated 3.09 % 2.62 % Easy Advances net charge-offs $ 3,705 $ 860 Easy Advances net charge-offs to total Easy Advances originated 0.86 % 0.26 %

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2018
DEPOSITS
DEPOSITS	5. DEPOSITS Ending deposit balances at March 31, 2018 and December 31, 2017 were as follows: (in thousands) March 31, 2018 December 31, 2017 Core Bank: Demand $ 952,510 $ 944,812 Money market accounts 587,162 546,998 Brokered money market accounts 366,060 373,242 Savings 191,423 182,800 Individual retirement accounts* 49,006 47,982 Time deposits, $250 and over* 77,234 77,891 Other certificates of deposit* 202,834 189,661 Brokered certificates of deposit* 48,626 46,089 Total Core Bank interest-bearing deposits 2,474,855 2,409,475 Total Core Bank noninterest-bearing deposits 1,065,902 988,537 Total Core Bank deposits 3,540,757 3,398,012 Republic Processing Group ("RPG"): Money market accounts 1,641 1,641 Total RPG interest-bearing deposits 1,641 1,641 Brokered prepaid card deposits 22,022 1,509 Other noninterest-bearing deposits 153,203 31,996 Total RPG noninterest-bearing deposits 175,225 33,505 Total RPG deposits 176,866 35,146 Total deposits $ 3,717,623 $ 3,433,158 *Represents a time deposit.

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	3 Months Ended
	Mar. 31, 2018
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	6. SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS Securities sold under agreements to repurchase consist of short-term excess funds from correspondent banks, repurchase agreements and overnight liabilities to deposit clients arising from the Bank’s treasury management program. While comparable to deposits in their transactional nature, these overnight liabilities to clients are in the form of repurchase agreements. Repurchase agreements collateralized by securities are treated as financings; accordingly, the securities involved with the agreements are recorded as assets and are held by a safekeeping agent and the obligations to repurchase the securities are reflected as liabilities. Should the fair value of currently pledged securities fall below the associated repurchase agreements, the Bank would be required to pledge additional securities. To mitigate the risk of under collateralization, the Bank typically pledges at least two percent more in securities than the associated repurchase agreements. All such securities are under the Bank’s control. At March 31, 2018 and December 31, 2017, all securities sold under agreements to repurchase had overnight maturities. Additional information regarding securities sold under agreements to repurchase follows: (dollars in thousands) March 31, 2018 December 31, 2017 Outstanding balance at end of period $ 175,682 $ 204,021 Weighted average interest rate at end of period 0.50 % 0.31 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 118,274 $ 71,824 Mortgage backed securities - residential 62,032 83,452 Collateralized mortgage obligations 45,905 84,693 Total securities pledged $ 226,211 $ 239,969 Three Months Ended March 31, (dollars in thousands) 2018 2017 Average outstanding balance during the period $ 257,439 $ 218,412 Average interest rate during the period % 0.05 % Maximum outstanding at any month end during the period $ 215,281 $ 183,709

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	3 Months Ended
	Mar. 31, 2018
FEDERAL HOME LOAN BANK ADVANCES
FEDERAL HOME LOAN BANK ADVANCES	7. FEDERAL HOME LOAN BANK ADVANCES At March 31, 2018 and December 31, 2017, FHLB advances were as follows: (dollars in thousands) March 31, 2018 December 31, 2017 Overnight advances $ 50,000 $ 330,000 Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% 10,000 10,000 Fixed interest rate advances 380,000 397,500 Total FHLB advances $ 440,000 $ 737,500 Each FHLB advance is payable at its maturity date, with a prepayment penalty for fixed rate advances that are paid off earlier than maturity. FHLB advances are collateralized by a blanket pledge of eligible real estate loans. At March 31, 2018 and December 31, 2017, Republic had available borrowing capacity of $641 million and $378 million, respectively, from the FHLB. In addition to its borrowing capacity with the FHLB, Republic also had unsecured lines of credit totaling $125 million and $125 million available through various other financial institutions as of March 31, 2018 and December 31, 2017. Aggregate future principal payments on FHLB advances based on contractual maturity and the weighted average cost of such advances are detailed below: Weighted Average Year (dollars in thousands) Principal Rate 2018 (Overnight) $ 50,000 1.72 % 2018 (Term) 110,000 1.65 2019 100,000 1.80 2020 120,000 1.81 2021 30,000 1.93 2022 20,000 2.12 2023 10,000 2.14 Thereafter — — Total $ 440,000 1.79 % Due to their nature, the Bank considers average balance information more meaningful than period-end balances for its overnight borrowings from the FHLB. Information regarding overnight FHLB advances follows: (dollars in thousands) March 31, 2018 December 31, 2017 Outstanding balance at end of period $ 50,000 $ 330,000 Weighted average interest rate at end of period 1.72 % 1.42 % Three Months Ended March 31, (dollars in thousands) 2018 2017 Average outstanding balance during the period $ 144,889 $ 109,333 Average interest rate during the period 1.44 % 0.69 % Maximum outstanding at any month end during the period $ 560,000 $ 320,000 The following table illustrates real estate loans pledged to collateralize advances and letters of credit with the FHLB: (in thousands) March 31, 2018 December 31, 2017 First lien, single family residential real estate $ 1,121,052 $ 1,123,402 Home equity lines of credit 317,751 320,649

OFF BALANCE SHEET RISKS, COMMIT

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	3 Months Ended
	Mar. 31, 2018
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	8. OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES The Company, in the normal course of business, is party to financial instruments with off balance sheet risk. These financial instruments primarily include commitments to extend credit and standby letters of credit. The contract or notional amounts of these instruments reflect the potential future obligations of the Company pursuant to those financial instruments. Creditworthiness for all instruments is evaluated on a case-by-case basis in accordance with the Company’s credit policies. Collateral from the client may be required based on the Company’s credit evaluation of the client and may include business assets of commercial clients, as well as personal property and real estate of individual clients or guarantors. The Company also extends binding commitments to clients and prospective clients. Such commitments assure a borrower of financing for a specified period of time at a specified rate. Additionally, the Company makes binding purchase commitments to third-party loan correspondent originators. These commitments assure that the Company will purchase a loan from such correspondent originators at a specific price for a specific period of time. The risk to the Company under such loan commitments is limited by the terms of the contracts. For example, the Company may not be obligated to advance funds if the client’s financial condition deteriorates or if the client fails to meet specific covenants. An approved but unfunded loan commitment represents a potential credit risk and a liquidity risk, since the Company’s client(s) may demand immediate cash that would require funding. In addition, unfunded loan commitments represent interest rate risk as market interest rates may rise above the rate committed to the Company’s client. Since a portion of these loan commitments normally expire unused, the total amount of outstanding commitments at any point in time may not require future funding. The following table presents the Company’s commitments, exclusive of Mortgage Banking loan commitments, for each period ended: (in thousands) March 31, 2018 December 31, 2017 Unused warehouse lines of credit $ 491,942 $ 525,328 Unused home equity lines of credit 378,232 367,887 Unused loan commitments - other 703,759 598,002 Standby letters of credit 12,645 12,643 FHLB letter of credit 10,000 10,000 Total commitments $ 1,596,578 $ 1,513,860 Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a client to a third party. The terms and risk of loss involved in issuing standby letters of credit are similar to those involved in issuing loan commitments and extending credit. In addition to credit risk, the Company also has liquidity risk associated with standby letters of credit because funding for these obligations could be required immediately. The Company does not deem this risk to be material.

FAIR VALUE

FAIR VALUE	3 Months Ended
	Mar. 31, 2018
FAIR VALUE
FAIR VALUE	9. FAIR VALUE Fair value represents the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Bank used the following methods and significant assumptions to estimate fair value: Available-for-sale debt securities: Except for the Bank’s private label mortgage backed security and its TRUP investment, the fair value of available-for-sale debt securities is typically determined by matrix pricing, which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). The Bank’s private label mortgage backed security remains illiquid, and as such, the Bank classifies this security as a Level 3 security in accordance with ASC Topic 820, Fair Value Measurement . Based on this determination, the Bank utilized an income valuation model (present value model) approach in determining the fair value of this security. See in this section of the filing under Footnote 2 “Investment Securities” for additional discussion regarding the Bank’s private label mortgage backed security. The Company acquired its TRUP investment in 2015 and considered the most recent bid price for the same instrument to approximate market value at March 31, 2018. The Company’s TRUP investment is considered highly illiquid and also valued using Level 3 inputs, as the most recent bid price for this instrument is not always considered generally observable. Equity securities with readily determinable fair value: Quoted market prices in an active market are available for the Bank’s Community Reinvestment Act (“CRA”) mutual fund investment and fall within Level 1 of the fair value hierarchy. The fair value of the Company’s Freddie Mac preferred stock is determined by matrix pricing, as described above (Level 2 inputs). Mortgage loans held for sale, at fair value: The fair value of mortgage loans held for sale is determined using quoted secondary market prices. Mortgage loans held for sale are classified as Level 2 in the fair value hierarchy. Consumer loans held for sale, at fair value: The Company has elected to carry certain installment loans, which are originated through its RCS segment and generally sold within 21 days of origination, at fair value. The fair value for these loans is based on contractual terms, Level 3 inputs. Mortgage Banking derivatives : Mortgage Banking derivatives used in the ordinary course of business primarily consist of mandatory forward sales contracts (“forward contracts”) and interest rate lock loan commitments. The fair value of the Bank’s derivative instruments is primarily measured by obtaining pricing from broker-dealers recognized to be market participants. The pricing is derived from market observable inputs that can generally be verified and do not typically involve significant judgment by the Bank. Forward contracts and rate-lock loan commitments are classified as Level 2 in the fair value hierarchy. Interest rate swap agreements: Interest rate swaps are recorded at fair value on a recurring basis. The Company values its interest rate swaps using a third-party valuation service and classifies such valuations as Level 2. Valuations of these interest rate swaps are also received from the relevant counterparty and validated against the Company’s calculations. The Company has considered counterparty credit risk in the valuation of its interest rate swap assets and has considered its own credit risk in the valuation of its interest rate swap liabilities. Impaired loans: Collateral-dependent impaired loans generally reflect partial charge-downs to their respective fair value, which is commonly based on recent real estate appraisals or broker price opinions (“BPOs”). These appraisals or BPOs may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the process by the independent experts to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Collateral-dependent loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. Premises carried at fair value: Premises and equipment are accounted for at the lower of cost less accumulated depreciation or fair value less estimated costs to sell. The fair value of Bank premises are commonly based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches, including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments may be significant and typically result in a Level 3 classification of the inputs for determining fair value. Other real estate owned: Assets acquired through or instead of loan foreclosure are initially recorded at fair value less costs to sell when acquired, establishing a new cost basis. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. Fair value is commonly based on recent real estate appraisals or BPOs. These appraisals or BPOs may utilize a single approach or a combination of approaches, including comparable sales and the income approach. Adjustments are routinely made in the process by the independent experts to adjust for differences between the comparable sales and income data available. Such adjustments may be significant and typically result in a Level 3 classification of the inputs for determining fair value. Appraisals for collateral-dependent impaired loans, impaired premises and other real estate owned are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Bank. Once the appraisal is received, a member of the Bank’s Credit Administration Department reviews the assumptions and approaches utilized in the appraisal, as well as the overall resulting fair value in comparison with independent data sources, such as recent market data or industry-wide statistics. On at least an annual basis, the Bank performs a back test of collateral appraisals by comparing actual selling prices on recent collateral sales to the most recent appraisal of such collateral. Back tests are performed for each collateral class, e.g., residential real estate or commercial real estate, and may lead to additional adjustments to the value of unliquidated collateral of similar class. Mortgage servicing rights: On at least a quarterly basis, MSRs are evaluated for impairment based upon the fair value of the MSRs as compared to carrying amount. If the carrying amount of an individual tranche exceeds fair value, impairment is recorded and the respective individual tranche is carried at fair value. If the carrying amount of an individual tranche does not exceed fair value, impairment is reversed if previously recognized and the carrying value of the individual tranche is based on the amortization method. The valuation model utilizes assumptions that market participants would use in estimating future net servicing income and can generally be validated against available market data (Level 2). There were no MSR tranches carried at fair value at March 31, 2018 and December 31, 2017. Assets and liabilities measured at fair value on a recurring basis , including financial assets and liabilities for which the Bank has elected the fair value option, are summarized below: Fair Value Measurements at March 31, 2018 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Financial assets: Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ — $ 217,001 $ — $ 217,001 Private label mortgage backed security — — 4,120 4,120 Mortgage backed securities - residential — 100,238 — 100,238 Collateralized mortgage obligations — 82,745 — 82,745 Corporate bonds — 9,979 — 9,979 Trust preferred security — — 3,900 3,900 Total available-for-sale debt securities $ — $ 409,963 $ 8,020 $ 417,983 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 328 $ — $ 328 Community Reinvestment Act mutual fund 2,418 — — 2,418 Total equity securities with readily determinable fair value $ 2,418 $ 328 $ — $ 2,746 Mortgage loans held for sale $ — $ 4,496 $ — $ 4,496 Consumer loans held for sale — — 2,419 2,419 Rate lock loan commitments — 443 — 443 Mandatory forward contracts — 47 — 47 Interest rate swap agreements — 1,494 — 1,494 Financial liabilities: Interest rate swap agreements $ — $ 1,360 $ — $ 1,360 Fair Value Measurements at December 31, 2017 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Financial assets: Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ — $ 307,592 $ — $ 307,592 Private label mortgage backed security — — 4,449 4,449 Mortgage backed securities - residential — 106,374 — 106,374 Collateralized mortgage obligations — 87,163 — 87,163 Corporate bonds — 15,125 — 15,125 Trust preferred security — — 3,600 3,600 Total available-for-sale debt securities $ — $ 516,254 $ 8,049 $ 524,303 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 473 $ — $ 473 Community Reinvestment Act mutual fund 2,455 — — 2,455 Total equity securities with readily determinable fair value $ 2,455 $ 473 $ — $ 2,928 Mortgage loans held for sale $ — $ 5,761 $ — $ 5,761 Consumer loans held for sale — — 2,677 2,677 Rate lock loan commitments — 310 — 310 Interest rate swap agreements — 312 — 312 Financial liabilities: Mandatory forward contracts $ — $ 9 $ — $ 9 Interest rate swap agreements — 403 — 403 All transfers between levels are generally recognized at the end of each quarter. There were no transfers into or out of Level 1, 2 or 3 assets during the three months ended March 31, 2018 and 2017. Private Label Mortgage Backed Security The following table presents a reconciliation of the Bank’s private label mortgage backed security measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the periods ended March 31, 2018 and 2017: Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 4,449 $ 4,777 Total gains or losses included in earnings: Net change in unrealized gain (2) 53 Recovery of actual losses previously recorded 38 — Principal paydowns (365) (148) Balance, end of period $ 4,120 $ 4,682 The fair value of the Bank’s single private label mortgage backed security is supported by analysis prepared by an independent third party. The third party’s approach to determining fair value involved several steps: 1) detailed collateral analysis of the underlying mortgages, including consideration of geographic location, original loan-to-value and the weighted average FICO score of the borrowers; 2) collateral performance projections for each pool of mortgages underlying the security (probability of default, severity of default, and prepayment probabilities) and 3) discounted cash flow modeling. The significant unobservable inputs in the fair value measurement of the Bank’s single private label mortgage backed security are prepayment rates, probability of default and loss severity in the event of default. Significant fluctuations in any of those inputs in isolation would result in a significantly different fair value measurement. . Quantitative information about recurring Level 3 fair value measurement inputs for the Bank’s single private label mortgage backed security follows: Fair Valuation March 31, 2018 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage backed security $ 4,120 Discounted cash flow (1) Constant prepayment rate 5.0% - 6.5% (2) Probability of default 1.8% - 8.0% (3) Loss severity 50% - 85% Fair Valuation December 31, 2017 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage backed security $ 4,449 Discounted cash flow (1) Constant prepayment rate 3.5% - 6.5% (2) Probability of default 1.8% - 8.0% (3) Loss severity 60% - 85% Trust Preferred Security The following table presents a reconciliation of the Company’s TRUP measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2018 and 2017: Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 3,600 $ 3,200 Total gains or losses included in earnings: Discount accretion 10 11 Net change in unrealized gain 290 (11) Balance, end of period $ 3,900 $ 3,200 The fair value of the Company’s TRUP investment is based on the most recent bid price for this instrument, as provided by a third-party broker. Mortgage Loans Held for Sale The Bank has elected the fair value option for mortgage loans held for sale. These loans are intended for sale and the Bank believes that the fair value is the best indicator of the resolution of these loans. Interest income is recorded based on the contractual terms of the loans and in accordance with Bank policy for such instruments. None of these loans were past due 90-days-or-more or on nonaccrual as of March 31, 2018 and December 31, 2017. As of March 31, 2018 and December 31, 2017, the aggregate fair value, contractual balance, and unrealized gain was as follows: (in thousands) March 31, 2018 December 31, 2017 Aggregate fair value $ 4,496 $ 5,761 Contractual balance 4,412 5,668 Unrealized gain 84 93 The total amount of gains and losses from changes in fair value included in earnings for the three months ended March 31, 2018 and 2017 for mortgage loans held for sale are presented in the following table: Three Months Ended March 31, (in thousands) 2018 2017 Interest income $ 72 $ 67 Change in fair value (9) (7) Total included in earnings $ 63 $ 60 Consumer Loans Held for Sale RCS carries loans originated for sale through its installment loan program at fair value. Such loans are generally sold within 21 days of origination, with their fair value based on contractual terms. Interest income is recorded based on the contractual terms of the loan and in accordance with Bank policy for such instruments. None of these loans were past due 90-days-or-more or on nonaccrual as of March 31, 2018 and December 31, 2017. A reconciliation of the Company’s consumer loans held for sale measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2018 and 2017 is included in Footnote 3 of this section of the filing. The significant unobservable inputs in the fair value measurement of the Bank’s installment loans are the net contractual premiums and level of loans sold at a discount price. Significant fluctuations in any of those inputs in isolation would result in a significantly lower/higher fair value measurement. The following table presents quantitative information about recurring Level 3 fair value measurement inputs for installment loans as of March 31, 2018 and December 31, 2017: Fair Valuation March 31, 2018 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 2,419 Contractual Terms (1) Net Premium 0.9% (2) Discounted Sales 5.0% Fair Valuation December 31, 2017 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 2,677 Contractual Terms (1) Net Premium 0.9% (2) Discounted Sales 5.0% As of March 31, 2018 and December 31, 2017 the aggregate fair value, contractual balance, and unrealized gain on consumer loans held for sale, at fair value, was as follows: (in thousands) March 31, 2018 December 31, 2017 Aggregate fair value $ 2,419 $ 2,677 Contractual balance 2,291 2,535 Unrealized gain 128 142 The total amount of net gains from changes in fair value included in earnings for the three months ended March 31, 2018 and 2017 for consumer loans held for sale, at fair value, are presented in the following table: Three Months Ended March 31, (in thousands) 2018 2017 Interest income $ 176 $ 186 Change in fair value (14) 82 Total included in earnings $ 162 $ 268 Assets measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements at March 31, 2018 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Impaired loans: Residential real estate: Owner occupied $ — $ — $ 3,269 $ 3,269 Nonowner occupied — — 1,339 1,339 Commercial real estate — — 1,342 1,342 Commercial & industrial — — 744 744 Home equity — — 308 308 Total impaired loans* $ — $ — $ 7,002 $ 7,002 Premises $ — $ — $ 2,896 $ 2,896 Fair Value Measurements at December 31, 2017 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Impaired loans: Residential real estate: Owner occupied $ — $ — $ 4,107 $ 4,107 Nonowner occupied — — 237 237 Commercial real estate — — 1,366 1,366 Home equity — — 393 393 Total impaired loans* $ — $ — $ 6,103 $ 6,103 Other real estate owned: Residential real estate $ — $ — $ 83 $ 83 Total other real estate owned $ — $ — $ 83 $ 83 Premises $ — $ — $ 3,017 $ 3,017 * The difference between the carrying value and the fair value of impaired loans measured at fair value is reconciled in a subsequent table of this Footnote. The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis : Range Fair Valuation Unobservable (Weighted March 31, 2018 (dollars in thousands) Value Technique Inputs Average) Impaired loans - residential real estate owner occupied $ 3,269 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 54% (12%) Impaired loans - residential real estate nonowner occupied $ 1,339 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 27% (13%) Impaired loans - commercial real estate $ 79 Sales comparison approach Adjustments determined for differences between comparable sales 21% (21%) Impaired loans - commercial real estate $ 1,263 Income approach Adjustments for differences between net operating income expectations 17% (17%) Impaired loans - commercial & industrial $ 744 Sales comparison approach Adjustments determined for differences between comparable sales 3% (3%) Impaired loans - home equity $ 308 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 22% (14%) Premises $ 2,896 Sales comparison approach Adjustments determined for differences between comparable sales 8% - 68% (24%) Range Fair Valuation Unobservable (Weighted December 31, 2017 (dollars in thousands) Value Technique Inputs Average) Impaired loans - residential real estate owner occupied $ 4,107 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 54% (10%) Impaired loans - residential real estate nonowner occupied $ 237 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 8% (5%) Impaired loans - commercial real estate $ 79 Sales comparison approach Adjustments determined for differences between comparable sales 21% (21%) Impaired loans - commercial real estate $ 1,287 Income approach Adjustments for differences between net operating income expectations 17% (17%) Impaired loans - home equity $ 393 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 23% (15%) Other real estate owned - residential real estate $ 83 Sales comparison approach Adjustments determined for differences between comparable sales 86% (86%) Premises $ 3,017 Sales comparison approach Adjustments determined for differences between comparable sales 4% - 67% (21%) Impaired Loans Collateral-dependent impaired loans are generally measured for impairment using the fair value for reasonable disposition of the underlying collateral. The Bank’s practice is to obtain new or updated appraisals or BPOs on the loans subject to the initial impairment review and then to evaluate the need for an update to this value on an as-necessary or possibly annual basis thereafter (depending on the market conditions impacting the value of the collateral). The Bank may discount the valuation amount as necessary for selling costs and past due real estate taxes. If a new or updated appraisal or BPO is not available at the time of a loan’s impairment review, the Bank may apply a discount to the existing value of an old valuation to reflect the property’s current estimated value if it is believed to have deteriorated in either: (i) the physical or economic aspects of the subject property or (ii) material changes in market conditions. The impairment review generally results in a partial charge-off of the loan if fair value less selling costs are below the loan’s carrying value. Impaired loans that are collateral dependent are classified within Level 3 of the fair value hierarchy when impairment is determined using the fair value method. Impaired collateral-dependent loans are as follows: (in thousands) March 31, 2018 December 31, 2017 Carrying amount of loans measured at fair value $ 6,293 $ 5,358 Estimated selling costs considered in carrying amount 725 752 Valuation allowance (16) (7) Total fair value $ 7,002 $ 6,103 Three Months Ended March 31, (in thousands) 2018 2017 Provisions on collateral-dependent, impaired loans $ 429 $ 8 Other Real Estate Owned Other real estate owned, which is carried at the lower of cost or fair value, is periodically assessed for impairment based on fair value at the reporting date. Fair value is determined from external appraisals or BPOs using judgments and estimates of external professionals. Many of these inputs are not observable and, accordingly, these measurements are classified as Level 3. Details of other real estate owned carrying value and write downs follow: (in thousands) March 31, 2018 December 31, 2017 Other real estate owned carried at fair value $ — $ 83 Other real estate owned carried at cost 160 32 Total carrying value of other real estate owned $ 160 $ 115 Three Months Ended March 31, (in thousands) 2018 2017 Other real estate owned write-downs during the period $ — $ 70 Premises The Company’s Traditional Banking segment classified four of its former banking centers as held for sale as of March 31, 2018 and December 31, 2017. Impairment charges are recorded when the value of a piece of property is reappraised or reassessed below the property’s then-carrying value. Impairment charges related to these properties were as follows: Three Months Ended March 31, (in thousands) 2018 2017 Impairment charges on premises $ 104 $ 58 The carrying amounts and estimated fair values of all financial instruments at March 31, 2018 and December 31, 2017 follow: Fair Value Measurements at March 31, 2018: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 362,122 $ 362,122 $ — $ — $ 362,122 Available-for-sale debt securities 417,983 — 409,963 8,020 417,983 Held-to-maturity debt securities 62,844 — 63,515 — 63,515 Equity securities with readily determinable fair values 2,746 2,418 328 — 2,746 Mortgage loans held for sale, at fair value 4,496 — 4,496 — 4,496 Consumer loans held for sale, at fair value 2,419 — — 2,419 2,419 Consumer loans held for sale, at the lower of cost or fair value 7,380 — 7,380 — 7,380 Loans, net 4,000,159 — — 3,978,974 3,978,974 Federal Home Loan Bank stock 32,067 — — — NA Accrued interest receivable 11,772 — 11,772 — 11,772 Liabilities: Noninterest-bearing deposits $ 1,241,127 — $ 1,241,127 — $ 1,241,127 Transaction deposits 2,098,796 — 2,098,796 — 2,098,796 Time deposits 377,700 — 373,075 — 373,075 Securities sold under agreements to repurchase and other short-term borrowings 175,682 — 175,682 — 175,682 Federal Home Loan Bank advances 440,000 — 432,140 — 432,140 Subordinated note 41,240 — 32,352 — 32,352 Accrued interest payable 1,041 — 1,041 — 1,041 NA - Not applicable Fair Value Measurements at December 31, 2017: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 299,351 $ 299,351 $ — $ — $ 299,351 Available-for-sale debt securities 524,303 — 516,727 8,049 524,303 Held-to-maturity debt securities 64,227 — 65,133 — 65,133 Equity securities with readily determinable fair values 2,928 2,455 473 — 2,928 Mortgage loans held for sale, at fair value 5,761 — 5,761 — 5,761 Consumer loans held for sale, at fair value 2,677 — — 2,677 2,677 Consumer loans held for sale, at the lower of cost or fair value 8,551 — 8,551 — 8,551 Loans, net 3,971,265 — — 3,938,998 3,938,998 Federal Home Loan Bank stock 32,067 — — — NA Accrued interest receivable 12,082 — 12,082 — 12,082 Liabilities: Noninterest-bearing deposits $ 1,022,042 — $ 1,022,042 — $ 1,022,042 Transaction deposits 2,049,493 — 2,049,493 — 2,049,493 Time deposits 361,623 — 358,627 — 358,627 Securities sold under agreements to repurchase and other short-term borrowings 204,021 — 204,021 — 204,021 Federal Home Loan Bank advances 737,500 — 730,712 — 730,712 Subordinated note 41,240 — 31,763 — 31,763 Accrued interest payable 1,100 — 1,100 — 1,100 NA - Not applicable

MORTGAGE BANKING ACTIVITIES

MORTGAGE BANKING ACTIVITIES	3 Months Ended
	Mar. 31, 2018
MORTGAGE BANKING ACTIVITIES
MORTGAGE BANKING ACTIVITIES	10. MORTGAGE BANKING ACTIVITIES Mortgage Banking activities primarily include residential mortgage originations and servicing. Activity for mortgage loans held for sale, at fair value, was as follows: Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 5,761 $ 11,662 Origination of mortgage loans held for sale 29,410 33,245 Proceeds from the sale of mortgage loans held for sale (31,452) (40,691) Net gain on sale of mortgage loans held for sale 777 977 Balance, end of period $ 4,496 $ 5,193 The following table presents the components of Mortgage Banking income: Three Months Ended March 31, (in thousands) 2018 2017 Net gain realized on sale of mortgage loans held for sale $ 597 $ 788 Net change in fair value recognized on loans held for sale (9) (7) Net change in fair value recognized on rate lock loan commitments 133 319 Net change in fair value recognized on forward contracts 56 (123) Net gain recognized 777 977 Loan servicing income 605 536 Amortization of mortgage servicing rights (362) (353) Net servicing income recognized 243 183 Total Mortgage Banking income $ 1,020 $ 1,160 Activity for capitalized mortgage servicing rights was as follows: Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 5,044 $ 5,180 Additions 243 331 Amortized to expense (362) (353) Balance, end of period $ 4,925 $ 5,158 There was no balance or activity in the valuation allowance for capitalized mortgage servicing rights for the three months ended March 31, 2018 and 2017. Other information relating to mortgage servicing rights follows: (in thousands) March 31, 2018 December 31, 2017 Fair value of mortgage servicing rights portfolio $ 8,841 $ 7,984 Monthly weighted average prepayment rate of unpaid principal balance* 176 % 200 % Discount rate 10 % 10 % Weighted average default rate 4.08 % 3.75 % Weighted average life in years * Rates are applied to individual tranches with similar characteristics. Mortgage Banking derivatives used in the ordinary course of business primarily consist of mandatory forward sales contracts and interest rate lock loan commitments. Mandatory forward contracts represent future commitments to deliver loans at a specified price and date and are used to manage interest rate risk on loan commitments and mortgage loans held for sale. Interest rate lock loan commitments represent commitments to fund loans at a specific rate. These derivatives involve underlying items, such as interest rates, and are designed to transfer risk. Substantially all of these instruments expire within 90 days from the date of issuance. Notional amounts are amounts on which calculations and payments are based, but which do not represent credit exposure, as credit exposure is limited to the amounts required to be received or paid. Mandatory forward contracts also contain an element of risk in that the counterparties may be unable to meet the terms of such agreements. In the event the counterparties fail to deliver commitments or are unable to fulfill their obligations, the Bank could potentially incur significant additional costs by replacing the positions at then current market rates. The Bank manages its risk of exposure by limiting counterparties to those banks and institutions deemed appropriate by management and the Board of Directors. The Bank does not expect any counterparty to default on their obligations and therefore, the Bank does not expect to incur any cost related to counterparty default. The Bank is exposed to interest rate risk on loans held for sale and rate lock loan commitments. As market interest rates fluctuate, the fair value of mortgage loans held for sale and rate lock commitments will decline or increase. To offset this interest rate risk the Bank enters into derivatives, such as mandatory forward contracts to sell loans. The fair value of these mandatory forward contracts will fluctuate as market interest rates fluctuate, and the change in the value of these instruments is expected to largely, though not entirely, offset the change in fair value of loans held for sale and rate lock commitments. The objective of this activity is to minimize the exposure to losses on rate loan lock commitments and loans held for sale due to market interest rate fluctuations. The net effect of derivatives on earnings will depend on risk management activities and a variety of other factors, including: market interest rate volatility; the amount of rate lock commitments that close; the ability to fill the forward contracts before expiration; and the time period required to close and sell loans. The following table includes the notional amounts and fair values of mortgage loans held for sale and mortgage banking derivatives as of the period ends presented: March 31, 2018 December 31, 2017 Notional Notional (in thousands) Amount Fair Value Amount Fair Value Included in Mortgage loans held for sale: Mortgage loans held for sale, at fair value $ 4,412 $ 4,496 $ 5,668 $ 5,761 Included in other assets: Rate lock loan commitments $ 21,663 $ 443 $ 14,696 $ 310 Mandatory forward contracts 21,604 47 — — Included in other liabilities: Mandatory forward contracts $ — $ — $ 17,159 $ 9

INTEREST RATE SWAPS

INTEREST RATE SWAPS	3 Months Ended
	Mar. 31, 2018
INTEREST RATE SWAPS
INTEREST RATE SWAPS	11. INTEREST RATE SWAPS Interest rate swap derivatives are reported at fair value in other assets or other liabilities. The accounting for changes in the fair value of a derivative depends on whether it has been designated and qualifies as part of a cash flow hedging relationship. For a derivative designated as a cash flow hedge, the effective portion of the derivative’s unrealized gain or loss is recorded as a component of other comprehensive income (“OCI”). For derivatives not designated as hedges, the gain or loss is recognized in current period earnings. Interest Rate Swaps Used as Cash Flow Hedges The Bank entered into two interest rate swap agreements (“swaps”) during 2013 as part of its interest rate risk management strategy. The Bank designated the swaps as cash flow hedges intended to reduce the variability in cash flows attributable to either FHLB advances tied to the 3-month LIBOR or the overall changes in cash flows on certain money market deposit accounts tied to 1-month LIBOR. The counterparty for both swaps met the Bank’s credit standards and the Bank believes that the credit risk inherent in the swap contracts is not significant. The swaps were determined to be fully effective during all periods presented; therefore, no amount of ineffectiveness was included in net income. The aggregate fair value of the swaps is recorded in other liabilities with changes in fair value recorded in OCI. The amount included in AOCI would be reclassified to current earnings should the hedge no longer be considered effective. The Bank expects the hedges to remain fully effective during the remaining term of the swaps. The following table reflects information about swaps designated as cash flow hedges as of March 31, 2018 and December 31, 2017: March 31, 2018 December 31, 2017 Unrealized Unrealized Notional Pay Receive Assets / Gain (Loss) Assets / Gain (Loss) (dollars in thousands) Amount Rate Rate Term (Liabilities) AOCI (Liabilities) in AOCI Interest rate swap on money market deposits $ 10,000 2.17 % 1M LIBOR 12/2013 - 12/2020 $ 67 $ 53 $ (60) $ (25) Interest rate swap on FHLB advance 10,000 2.33 % 3M LIBOR 12/2013 - 12/2020 67 53 (31) (48) $ 20,000 $ 134 $ 106 $ (91) $ (73) The following table reflects the total interest expense recorded on these swap transactions in the consolidated statements of income for the three months ended March 31, 2018 and 2017: Three Months Ended March 31, (in thousands) 2018 2017 Interest rate swap on money market deposits $ 14 $ 34 Interest rate swap on FHLB advance 12 32 Total interest expense on swap transactions $ 26 $ 66 The following table presents the net gains (losses) recorded in OCI and the consolidated statements of income relating to the swaps designated as cash flow hedges for the three months ended March 31, 2018 and 2017: Three Months Ended March 31, (in thousands) 2018 2017 Gains recognized in OCI on derivative (effective portion) $ 199 $ 28 Losses reclassified from OCI on derivative (effective portion) (26) (66) Gains (losses) recognized in income on derivative (ineffective portion) — — The estimated net amount of the existing losses reported in AOCI at March 31, 2018 expected to be reclassified into earnings within the next 12 months is $16,000 . Non-hedge Interest Rate Swaps The Bank enters into interest rate swaps to facilitate client transactions and meet their financing needs. Upon entering into these instruments to meet client needs, the Bank enters into offsetting positions in order to minimize the Bank’s interest rate risk. These swaps are derivatives, but are not designated as hedging instruments, and therefore changes in fair value are reported in current year earnings. Interest rate swap contracts involve the risk of dealing with counterparties and their ability to meet contractual terms. When the fair value of a derivative instrument contract is positive, this generally indicates that the counter party or client owes the Bank, and results in credit risk to the Bank. When the fair value of a derivative instrument contract is negative, the Bank owes the client or counterparty, and therefore, has no credit risk. A summary of the Bank’s interest rate swaps related to clients as of March 31, 2018 and December 31, 2017 is included in the following table: March 31, 2018 December 31, 2017 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients Pay variable/receive fixed $ 61,115 $ (1,360) $ 61,419 $ 84 Offsetting interest rate swaps with institutional swap dealer Pay fixed/receive variable 61,115 1,360 61,419 (84) Total $ 122,230 $ — $ 122,838 $ — The Bank is required to pledge securities as collateral when the Bank is in a net loss position for all swaps with dealer counterparties when such net loss positions exceed $250,000. The fair value of cash or investment securities pledged as collateral by the Bank to cover such net loss positions totaled $1.5 million and $1.5 million at March 31, 2018 and December 31, 2017.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2018
EARNINGS PER SHARE
EARNINGS PER SHARE	12. EARNINGS PER SHARE The Company calculates earnings per share under the two-class method. Under the two-class method, earnings available to common shareholders for the period are allocated between Class A Common Stock and Class B Common Stock according to dividends declared (or accumulated) and participation rights in undistributed earnings. The difference in earnings per share between the two classes of common stock results from the 10% per share cash dividend premium paid on Class A Common Stock over that paid on Class B Common Stock. A reconciliation of the combined Class A and Class B Common Stock numerators and denominators of the earnings per share and diluted earnings per share computations is presented below: Three Months Ended March 31, (in thousands, except per share data) 2018 2017 Net income $ 27,469 $ 20,017 Dividends declared on Common Stock: Class A Shares (4,517) (3,891) Class B Shares (494) (427) Undistributed net income for basic earnings per share 22,458 15,699 Weighted average potential dividends on Class A shares upon exercise of dilutive options (24) (17) Undistributed net income for diluted earnings per share $ 22,434 $ 15,682 Weighted average shares outstanding: Class A Shares 18,677 18,671 Class B Shares 2,243 2,244 Effect of dilutive securities on Class A Shares outstanding 98 81 Weighted average shares outstanding including dilutive securities 21,018 20,996 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.24 $ 0.21 Undistributed earnings per share* 1.08 0.76 Total basic earnings per share - Class A Common Stock $ 1.32 $ 0.97 Class B Common Stock Per share dividends distributed $ 0.22 $ 0.19 Undistributed earnings per share* 0.99 0.69 Total basic earnings per share - Class B Common Stock $ 1.21 $ 0.88 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.24 $ 0.21 Undistributed earnings per share* 1.08 0.75 Total diluted earnings per share - Class A Common Stock $ 1.32 $ 0.96 Class B Common Stock: Per share dividends distributed $ 0.22 $ 0.19 Undistributed earnings per share* 0.98 0.69 Total diluted earnings per share - Class B Common Stock $ 1.20 $ 0.88 *To arrive at undistributed earnings per share, undistributed net income is first pro rated between Class A and Class B Common Shares, with Class A Common Shares receiving a 10% premium. The resulting pro-rated, undistributed net income for each class is then divided by the weighted average shares for each class. Stock options excluded from the detailed earnings per share calculation because their impact was antidilutive are as follows: Three Months Ended March 31, 2018 2017 Antidilutive stock options 4,500 — Average antidilutive stock options 4,500 —

STOCK PLANS AND STOCK BASED COM

STOCK PLANS AND STOCK BASED COMPENSATION	3 Months Ended
	Mar. 31, 2018
STOCK PLANS AND STOCK BASED COMPENSATION
STOCK PLANS AND STOCK BASED COMPENSATION	13. STOCK PLANS AND STOCK BASED COMPENSATION In 2015, the Company’s Board of Directors adopted the Republic Bancorp, Inc. 2015 Stock Incentive Plan (the “2015 Plan”), which became effective April 23, 2015 when the Company’s shareholders approved the 2015 Plan. The 2015 Plan replaced the Company’s 2005 Stock Incentive Plan, which expired on March 15, 2015. The number of authorized shares under the 2015 Plan is fixed at 3,000,000, with such number subject to adjustment in the event of certain circumstances, such as stock dividends, stock splits, or the like. There is a minimum three-year vesting period for awards granted to employees under the 2015 Plan that vest based solely on the completion of a specified period of service, with options generally exercisable five to six years after the issue date. Stock options generally must be exercised within one year from the date the options become exercisable and have an exercise price that is at least equal to the fair market value of the Company’s stock on their grant date. All shares issued under the above-mentioned plans were from authorized and reserved unissued shares. The Company has a sufficient number of authorized and reserved unissued shares to satisfy all anticipated option exercises. There are no Class B stock options outstanding or available for exercise under the Company’s plans. Stock Options The fair value of each stock option granted is estimated on the date of grant using the Black-Scholes based stock option valuation model. This model requires the input of subjective assumptions that will usually have a significant impact on the fair value estimate. Expected volatilities are based on historical volatility of Republic’s stock and other factors. Expected dividends are based on dividend trends and the market price of Republic’s stock price at grant. Republic uses historical data to estimate option exercises and employee terminations within the valuation model. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve at the time of grant. All share-based payments to employees, including grants of employee stock options, are recognized as compensation expense over the service period (generally the vesting period) in the consolidated financial statements based on their fair values. The following table summarizes stock option activity from January 1, 2017 through March 31, 2018: Weighted Weighted Average Options Average Remaining Aggregate Class A Exercise Contractual Intrinsic Shares Price Term Value Outstanding, January 1, 2017 312,600 $ 24.49 Granted 4,500 35.54 Exercised (3,500) 19.63 Forfeited or expired (18,600) 24.99 Outstanding, December 31, 2017 295,000 $ 24.68 2.86 $ 3,935,010 Outstanding, January 1, 2018 295,000 $ 24.68 Granted — — Exercised — — Forfeited or expired — — Outstanding, March 31, 2018 295,000 $ 24.68 2.61 $ 4,017,610 Unvested 295,000 $ 24.68 2.61 $ 4,017,610 Exercisable (vested) at March 31, 2018 — $ — — $ — Information related to stock options for each period follows: Three Months Ended March 31, (in thousands, except per share data) 2018 2017 Intrinsic value of options exercised $ — $ 44 Cash received from options exercised, net of shares redeemed — 33 Weighted-average fair value per share of options granted NA NA NA - Not applicable Restricted Stock Awards Restricted stock awards generally vest within six years after issue, with accelerated vesting due to “change in control” or “death or disability of a participant” as defined and outlined in the 2015 Plan. The following table summarizes restricted stock awards activity from January 1, 2017 through March 31, 2018: Restricted Stock Awards Weighted-Average Class A Shares Grant Date Fair Value Outstanding, January 1, 2017 77,000 $ 20.02 Granted 7,413 35.77 Forfeited (750) 19.85 Earned and issued (42,053) 21.66 Outstanding, December 31, 2017 41,610 $ 21.18 Outstanding, January 1, 2018 41,610 $ 21.18 Granted 36,000 38.32 Forfeited — — Earned and issued — — Outstanding, March 31, 2018 77,610 $ 29.13 Unvested 77,610 $ 29.13 Performance Stock Units The Company first granted performance stock units (“PSUs”) under the 2015 Plan in January 2016. Shares of stock underlying the PSUs may be earned over a four-year performance period commencing on January 1, 2017 and ending on December 31, 2020 as follows: · If the Company achieves a Return on Average Assets (“ROAA”), as defined in the award agreement, of 1.25% for a calendar year in the performance period, then between March 1 st and March 15 th of the following year, provided that the recipient is still employed in good standing on the payment date, the Company will issue shares of fully vested stock to the participant equal to 50% of the number of the PSUs initially granted to the participant; and · If the ROAA of 1.25% is met again at the end of another calendar year during the remaining term of the performance period, the Company will similarly issue fully vested stock in an amount equal to the remaining 50% of the initial PSUs granted to the participant. The following table summarizes PSU activity from January 1, 2017 through March 31, 2018: Performance Stock Units Weighted-Average Class A Shares Grant Date Fair Value Outstanding, January 1, 2017 55,000 $ 23.13 Granted — — Forfeited (6,500) 23.48 Earned and issued — — Outstanding, December 31, 2017 48,500 $ 23.08 Outstanding, January 1, 2018 48,500 $ 23.08 Granted — — Forfeited — — Earned and issued — — Outstanding, March 31, 2018 48,500 $ 23.08 Unvested 48,500 $ 23.08 Expense Related to the 2015 Stock Incentive Plan The Company recorded expense related to the 2015 Plan for the three months ended March 31, 2018 and 2017 as follows: Three Months Ended March 31, (in thousands) 2018 2017 Stock option expense $ 62 $ 63 Restricted stock award expense 64 215 Performance stock unit expense 26 132 Total expense $ 152 $ 410 Unrecognized expenses related to unvested awards (net of estimated forfeitures) under the 2015 Plan are estimated as follows: Stock Restricted Performance Year Ended (in thousands) Options Stock Awards Stock Units Total 2018 $ 182 $ 380 $ 79 $ 641 2019 139 261 — 400 2020 35 261 — 296 2021 5 261 — 266 2022 1 237 — 238 2023 and beyond — 135 — 135 Total $ 362 $ 1,535 $ 79 $ 1,976

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2018
INCOME TAXES
INCOME TAXES	14. INCOME TAXES On December 22, 2017, President Donald Trump signed into law the Tax Cuts and Jobs Act (“TCJA”). The TCJA, among other things, reduced the federal corporate tax rate from 35% to 21%, effective January 1, 2018. Primarily as a result of the TCJA, the Company’s effective tax rate decreased from 33.43% during the first quarter of 2017 to 21.31% during the first quarter of 2018. The following table illustrates the difference between the Company’s effective tax rate and the federal statutory rates of 21% in 2018 and 35% in 2017: Three Months Ended March 31, (in thousands) 2018 2017 Federal statutory rate times financial statement income 21.00 % 35.00 % Effect of: State taxes, net of federal benefit 1.95 0.26 General business tax credits (0.41) — Nontaxable income (0.71) (1.05) Other, net (0.52) (0.78) Effective tax rate 21.31 33.43 As a result of the reduced tax rate, the Company incurred a charge of $6.3 million to income tax expense during the fourth quarter of 2017 representing the decrease in value of its net DTA upon enactment of the TCJA. With the exception of deferred taxes related to depreciation on a portion of its property and equipment, the Company has materially completed its accounting for the tax effects upon enactment of the TCJA. Regarding its deferred taxes related to depreciation, the Company awaits the completion of a cost segregation study. At March 31, 2018 and December 31, 2017, the Company did not have the necessary information available, analyzed or prepared to make a reasonable estimate of the impact of the cost segregation study on its deferred taxes related to depreciation. The cost segregation study is scheduled to be completed in the latter half of 2018, prior to the Company’s filing of its 2017 income tax returns. The cost segregation study is expected to provide the Company with the necessary information to complete the accounting for the deferred taxes related to depreciation.

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME	3 Months Ended
	Mar. 31, 2018
OTHER COMPREHENSIVE INCOME
OTHER COMPREHENSIVE INCOME	15. OTHER COMPREHENSIVE INCOME OCI components and related tax effects were as follows: Three Months Ended March 31, (in thousands) 2018 2017 Available-for-Sale Debt Securities: Change in unrealized gain (loss) on available-for-sale debt securities (2018), debt and equity securities (2017) $ (2,117) $ 706 Adjustment for adoption of ASU 2016-01 (428) — Change in unrealized gain on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings (2) 53 Net unrealized (losses) gains (2,547) 759 Tax effect 535 (266) Net of tax (2,012) 493 Cash Flow Hedges: Change in fair value of derivatives used for cash flow hedges 199 28 Reclassification amount for derivative losses realized in income 26 66 Net unrealized gains 225 94 Tax effect (46) (33) Net of tax 179 61 Total other comprehensive (loss) income components, net of tax $ (1,833) $ 554 Significant amounts reclassified out of each component of AOCI for the three months ended March 31, 2018 and 2017: Amounts Reclassified From Accumulated Other Comprehensive (Loss) Income Affected Line Items Three Months Ended in the Consolidated March 31, (in thousands) Statements of Income 2018 2017 Cash Flow Hedges: Interest rate swap on money market deposits Interest expense on deposits $ (14) $ (34) Interest rate swap on FHLB advance Interest expense on FHLB advances (12) (32) Total derivative losses on cash flow hedges Total interest expense (26) (66) Tax effect Income tax expense 9 23 Net of tax Net income $ (17) $ (43) The following is a summary of the AOCI balances, net of tax: 2018 (in thousands) December 31, 2017 Change March 31, 2018 Unrealized loss on available-for-sale debt securities and reclassification of equity securities $ (604) $ (2,011) $ (2,615) Unrealized gain (loss) on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings 1,093 (1) 1,092 Unrealized gain (loss) on cash flow hedges (73) 179 106 Total unrealized gain (loss) $ 416 $ (1,833) $ (1,417) 2017 (in thousands) December 31, 2016 Change March 31, 2017 Unrealized gain on available-for-sale debt and equity securities $ 237 $ 459 $ 696 Unrealized gain on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings 706 34 740 Unrealized gain (loss) on cash flow hedges (256) 61 (195) Total unrealized gain $ 687 $ 554 $ 1,241

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	3 Months Ended
	Mar. 31, 2018
REVENUE FROM CONTRACTS WITH CUSTOMERS
REVENUE FROM CONTRACTS WITH CUSTOMERS	16. REVENUE FROM CONTRACTS WITH CUSTOMERS On January 1, 2018, the Company adopted ASU 2014-09, Revenue from Contracts with Customers and all subsequent amendments to the ASU (collectively, “ASC 606”). While this update modified guidance for recognizing revenue, it did not have a material impact on the timing or presentation of the Company’s revenue. The majority of Company’s revenue comes from interest income and other sources, including loans, leases, securities, and derivatives, which are not subject to ASC 606. The Company’s services that fall within the scope of ASC 606 are presented within noninterest income and are recognized as revenue as the Company satisfies its obligation to its client. The Company did elect a practical expedient permitted under this guidance which allows it to expense as-incurred incremental costs of obtaining a contract when the amortization period of those costs would be less than one year. The following tables present the Company’s net revenue by reportable segment for the three months ended March 31, 2018 and 2017: Three Months Ended March 31, 2018 Core Banking Republic Processing Group ("RPG") Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income(1) $ 38,188 $ 3,591 $ 72 $ 41,851 $ 18,686 $ 7,128 $ 25,814 $ 67,665 Noninterest income: Service charges on deposit accounts 3,547 8 — 3,555 — — — 3,555 Net refund transfer fees — — — — 16,352 — 16,352 16,352 Mortgage banking income(1) — — 1,020 1,020 — — — 1,020 Interchange fee income 2,538 — — 2,538 109 20 129 2,667 Program fees(1) — — — — 59 1,637 1,696 1,696 Increase in cash surrender value of BOLI(1) 371 — — 371 — — — 371 Net gains (losses) on OREO 132 — — 132 — — — 132 Other 414 — 38 452 1,001 299 1,300 1,752 Total noninterest income 7,002 8 1,058 8,068 17,521 1,956 19,477 27,545 Total net revenue $ 45,190 $ 3,599 $ 1,130 $ 49,919 $ 36,207 $ 9,084 $ 45,291 $ 95,210 Net-revenue concentration(2) 47 % 4 % 1 % 52 % 38 % 10 % 48 % 100 % Three Months Ended March 31, 2017 Core Banking Republic Processing Group ("RPG") Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income(1) $ 32,661 $ 3,900 $ 67 $ 36,628 $ 14,962 $ 4,848 $ 19,810 $ 56,438 Noninterest income: Service charges on deposit accounts 3,280 6 — 3,286 (39) — (39) 3,247 Net refund transfer fees — — — — 15,382 — 15,382 15,382 Mortgage banking income(1) — — 1,160 1,160 — — — 1,160 Interchange fee income 2,217 — — 2,217 97 12 109 2,326 Program fees(1) — — — — (17) 1,108 1,091 1,091 Increase in cash surrender value of BOLI(1) 391 — — 391 — — — 391 Net gains (losses) on OREO 142 — — 142 — — — 142 Other 489 — 12 501 10 673 683 1,184 Total noninterest income 6,519 6 1,172 7,697 15,433 1,793 17,226 24,923 Total net revenue $ 39,180 $ 3,906 $ 1,239 $ 44,325 $ 30,395 $ 6,641 $ 37,036 $ 81,361 Net-revenue concentration(2) 48 % 5 % 2 % 55 % 37 % 8 % 45 % 100 % (1) This revenue is not subject to ASU 2014-09, Revenue from Contracts with Customers. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. The following represents information for significant revenue streams subject to ASC 606: Service charges on deposits – The Company earns revenue for account-based and event-driven services on its retail and commercial deposit accounts. Contracts for these services are generally in the form of deposit agreements, which disclose fees for deposit services. Revenue for event-driven services is recognized in close proximity or simultaneously with service performance. Revenue for certain account-based services may be recognized at a point in time or over the period the service is rendered, typically no longer than a month. Examples of account-based and event-driven service charges on deposits include per item fees, paper-statement fees, check-cashing fees, and analysis fees. Net refund transfer fees – A Refund Transfer (“RT”) is a fee-based product offered by the Bank through third-party tax preparers located throughout the United States, as well as tax-preparation software providers (collectively, the “Tax Providers”), with the Bank acting as an independent contractor of the Tax Providers. An RT allows a taxpayer to pay any applicable tax preparation and filing related fees directly from his federal or state government tax refund, with the remainder of the tax refund disbursed directly to the taxpayer. RT fees and all applicable tax preparation, transmitter, audit, and any other taxpayer authorized amounts are deducted from the tax refund by either the Bank or the Bank’s service provider and automatically forwarded to the appropriate party as authorized by the taxpayer. RT fees generally receive first priority when applying fees against the taxpayer’s refund, with the Bank’s share of RT fees generally superior to the claims of other third-party service providers, including the Tax Providers. The remainder of the refund is disbursed to the taxpayer by a Bank check printed at a tax office, direct deposit to the taxpayer’s personal bank account, loaded to a NetSpend Visa® Prepaid Card or Walmart Direct2Cash . The Company executes contracts with individual Tax Providers to offer RTs to their taxpayer customers. RT revenue is recognized by the Bank immediately after the taxpayer’s refund is disbursed in accordance with the RT contract with the taxpayer customer. The fee paid by the taxpayer for the RT is shared between the Bank and the Tax Providers based on contracts executed between the parties. The Company presents RT revenue net of any amounts shared with the Tax Providers. The Bank’s share of RT revenue is generally based on the obligations undertaken by the Tax Provider for each individual RT program, with more obligations generally corresponding to higher RT revenue share. The significant majority of net RT revenue is recognized and obligations under RT contracts fulfilled by the Bank during the first half of each year. Incremental expenses associated with the fulfilment of RT contracts are generally expensed during the first half of the year. Interchange fee income – As an “issuing bank” for card transactions, the Company earns interchange fee income on transactions executed by its cardholders with various third-party merchants. Through third-party intermediaries, merchants compensate the Company for each transaction for the ability to efficiently settle the transaction and for the Company’s willingness to accept certain risks inherent in the transaction. There is no written contract between the merchant and the Company, but a contract is implied between the two parties by customary business practices. Interchange fee income is recognized almost simultaneously by the Company upon the completion of a related card transaction. The Company compensates its cardholders by way of cash or other “rewards” for generating card transactions. These rewards are disclosed in cardholder agreements between the Company and its cardholders. Reward costs are accrued over time based on card transactions generated by the cardholder. Interchange fee income is presented net of reward costs within noninterest income. Net gains/(losses) on other real estate – The Company routinely sells other real estate (“OREO”) it has acquired through loan foreclosure. Net gains/(losses) on OREO reflect both 1) the gain or loss recognized upon an executed deed and 2) mark-to-market writedowns the Company takes on its OREO inventory. The Company generally recognizes gains or losses on OREO at the time of an executed deed, although gains may be recognized over a financing period if the Company finances the sale. For financed OREO sales, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on sale, the Company adjusts the transaction price and related gain/(loss) on sale if a significant financing component is present. Mark-to-market writedowns taken by the Company during the property’s holding period are generally at least 10% per year but may be higher based on updated real estate appraisals or BPOs. Incremental expenditures to bring OREO to salable condition are generally expensed as-incurred. Capital commitment fee – The Company received and recorded a $1.0 million nonrefundable capital commitment fee during the first quarter of 2018. The fee was paid by a third party upon the Company’s completion of its contractual obligations to build the infrastructure and disburse funds for a new collaborative credit product offered to the third party’s customers through the Bank. The completion of the infrastructure and the first disbursement of funds were made for this new credit product during the first quarter of 2018. Incremental expenses incurred by the Company to fulfil its obligation under this contract were expensed as-incurred.

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2018
SEGMENT INFORMATION
SEGMENT INFORMATION	17. SEGMENT INFORMATION Reportable segments are determined by the type of products and services offered and the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business (such as banking centers and business units), which are then aggregated if operating performance, products/services, and clients are similar. As of March 31, 2018, the Company was divided into five reportable segments: Traditional Banking, Warehouse, Mortgage Banking, TRS and RCS. Management considers the first three segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last two segments collectively constitute RPG operations. The Bank’s Correspondent Lending channel and the Company’s national branchless banking platform, MemoryBank, are considered part of the Traditional Banking segment. Prior to the third quarter of 2017, management reported RPG as a segment consisting of its largest division, TRS, along with its relatively smaller divisions, RPS and RCS. During the third quarter of 2017, due to RCS’s growth in revenue relative to the total Company’s revenue, management identified TRS and RCS as separate reportable segments under the newly classified RPG operations. Also, as part of the updated segmentation, management is reporting the RPS division, which remained below thresholds to be classified a separate reportable segment, within the newly classified TRS segment. The reportable segments within RPG operations and divisions within those segments operate through the Bank. All prior periods have been reclassified to conform to the current presentation. The nature of segment operations and the primary drivers of net revenue by reportable segment are provided below: Reportable Segment: Nature of Operations: Primary Drivers of Net Revenue: Core Banking: Traditional Banking Provides traditional banking products to clients in its market footprint primarily via its network of banking centers and to clients outside of its market footprint primarily via its Digital and Correspondent Lending delivery channels. Loans, investments, and deposits. Warehouse Lending Provides short-term, revolving credit facilities to mortgage bankers across the United States. Mortgage warehouse lines of credit. Mortgage Banking Primarily originates, sells and services long-term, single family, first lien residential real estate loans primarily to clients in the Bank's market footprint. Loan sales and servicing. Republic Processing Group: Tax Refund Solutions TRS offers tax-related credit products and facilitates the receipt and payment of federal and state tax refund products. The RPS division of TRS offers general-purpose reloadable cards. TRS and RPS products are primarily provided to clients outside of the Bank’s market footprint. Loans, refund transfers, and prepaid cards. Republic Credit Solutions Offers consumer credit products. RCS products are primarily provided to clients outside of the Bank’s market footprint, with a substantial portion of RCS clients considered subprime or near prime borrowers. Unsecured, consumer loans. The accounting policies used for Republic’s reportable segments are the same as those described in the summary of significant accounting policies in the Company’s 2017 Annual Report on Form 10-K. Segment performance is evaluated using operating income. Goodwill is allocated to the Traditional Banking segment. Income taxes are generally allocated based on income before income tax expense unless specific segment allocations can be reasonably made. Transactions among reportable segments are made at carrying value. Segment information for the three months ended March 31, 2018 and 2017 follows: Three Months Ended March 31, 2018 Core Banking Republic Processing Group ("RPG") Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income $ 38,188 $ 3,591 $ 72 $ 41,851 $ 18,686 $ 7,128 $ 25,814 $ 67,665 Provision for loan and lease losses 939 21 — 960 13,389 2,906 16,295 17,255 Net refund transfer fees — — — — 16,352 — 16,352 16,352 Mortgage banking income — — 1,020 1,020 — — — 1,020 Program fees — — — — 59 1,637 1,696 1,696 Other noninterest income 7,002 8 38 7,048 1,110 319 1,429 8,477 Total noninterest income 7,002 8 1,058 8,068 17,521 1,956 19,477 27,545 Total noninterest expense 33,392 839 1,204 35,435 6,525 1,085 7,610 43,045 Income (loss) before income tax expense 10,859 2,739 (74) 13,524 16,293 5,093 21,386 34,910 Total income tax expense (benefit) 1,772 627 (16) 2,383 3,854 1,204 5,058 7,441 Net income (loss) $ 9,087 $ 2,112 $ (58) $ 11,141 $ 12,439 $ 3,889 $ 16,328 $ 27,469 Period-end total assets $ 4,344,341 $ 534,545 $ 9,864 $ 4,888,750 $ 129,395 $ 60,189 $ 189,584 $ 5,078,334 Net interest margin 3.59 % 3.21 % NM 3.55 % NM NM NM 5.50 % Net-revenue concentration* 47 % 4 % 1 % 52 % 38 % 10 % 48 % 100 % Three Months Ended March 31, 2017 Core Banking Republic Processing Group ("RPG") Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income $ 32,661 $ 3,900 $ 67 $ 36,628 $ 14,962 $ 4,848 $ 19,810 $ 56,438 Provision for loan and lease losses 467 (226) — 241 8,341 3,769 12,110 12,351 Net refund transfer fees — — — — 15,382 — 15,382 15,382 Mortgage banking income — — 1,160 1,160 — — — 1,160 Program fees — — — — (17) 1,108 1,091 1,091 Other noninterest income 6,519 6 12 6,537 68 685 753 7,290 Total noninterest income 6,519 6 1,172 7,697 15,433 1,793 17,226 24,923 Total noninterest expense 30,088 777 1,214 32,079 6,069 791 6,860 38,939 Income before income tax expense 8,625 3,355 25 12,005 15,985 2,081 18,066 30,071 Income tax expense 2,262 1,227 9 3,498 5,801 755 6,556 10,054 Net income $ 6,363 $ 2,128 $ 16 $ 8,507 $ 10,184 $ 1,326 $ 11,510 $ 20,017 Period-end total assets $ 4,017,173 $ 493,127 $ 15,080 $ 4,525,380 $ 108,858 $ 30,554 $ 139,412 $ 4,664,792 Net interest margin 3.30 % 3.57 % NM 3.33 % NM NM NM 4.99 % Net-revenue concentration* 48 % 5 % 2 % 55 % 37 % 8 % 45 % 100 % *Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. NM — Not Meaningful

BASIS OF PRESENTATION AND SUM25

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2018
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	Basis of Presentation — The consolidated financial statements include the accounts of Republic Bancorp, Inc. (the “Parent Company”) and its wholly-owned subsidiaries, Republic Bank & Trust Company (“RB&T” or the “Bank”) and Republic Insurance Services, Inc. (the “Captive”). All significant intercompany balances and transactions are eliminated in consolidation. All companies are collectively referred to as (“Republic” or the “Company”). The Bank is a Kentucky-based, state chartered non-member financial institution that provides both traditional and non-traditional banking products through five reportable segments using a multitude of delivery channels. While the Bank operates primarily in its market footprint, its non-brick-and-mortar delivery channels allow it to reach clients across the United States. The Captive is a Nevada-based, wholly-owned insurance subsidiary of the Company. The Captive provides property and casualty insurance coverage to the Company and the Bank as well as a group of third-party insurance captives for which insurance may not be available or economically feasible. Republic Bancorp Capital Trust (“RBCT”) is a Delaware statutory business trust that is a wholly-owned unconsolidated finance subsidiary of Republic Bancorp, Inc. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. Operating results for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018. For further information, refer to the consolidated financial statements and footnotes thereto included in Republic’s Form 10-K for the year ended December 31, 2017. As of March 31, 2018, the Company was divided into five reportable segments: Traditional Banking, Warehouse Lending (“Warehouse”), Mortgage Banking, Tax Refund Solutions (“TRS”) and Republic Credit Solutions (“RCS”). Management considers the first three segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last two segments collectively constitute Republic Processing Group (“RPG”) operations. The Bank’s Correspondent Lending channel and the Company’s national branchless banking platform, MemoryBank ® , are considered part of the Traditional Banking segment. Prior to the third quarter of 2017, management reported RPG as a segment consisting of its largest division, TRS, along with its relatively smaller divisions, Republic Payment Solutions (“RPS”) and RCS. During the third quarter of 2017, due to RCS’s growth in revenue relative to the total Company’s revenue, management identified TRS and RCS as separate reportable segments under the newly classified RPG operations. Also, as part of the updated segmentation, management is reporting the RPS division, which remained below thresholds to be classified a separate reportable segment, within the newly classified TRS segment. The reportable segments within RPG operations and divisions within those segments operate through the Bank. All prior periods have been reclassified to conform to the current presentation. Core Bank Traditional Banking segment — The Traditional Banking segment provides traditional banking products primarily to customers in the Company’s market footprint. As of March 31, 2018, Republic had 45 full-service banking centers and one loan production office (“LPO”) with locations as follows:  Kentucky — 33  Metropolitan Louisville — 18  Central Kentucky — 9  Elizabethtown — 1  Frankfort — 1  Georgetown — 1  Lexington — 5  Shelbyville — 1  Western Kentucky — 2  Owensboro — 2  Northern Kentucky — 3  Covington — 1  Crestview Hills — 1  Florence — 1  Independence — 1 (closed April 3, 2018)  Southern Indiana — 3  Floyds Knobs — 1  Jeffersonville — 1  New Albany — 1  Metropolitan Tampa, Florida — 6  Metropolitan Cincinnati, Ohio — 1  Metropolitan Nashville, Tennessee — 3* *Includes one LPO Republic’s headquarters are located in Louisville, which is the largest city in Kentucky based on population. Traditional Banking results of operations are primarily dependent upon net interest income, which represents the difference between the interest income and fees on interest-earning assets and the interest expense on interest-bearing liabilities. Principal interest-earning Traditional Banking assets represent investment securities and commercial and consumer loans primarily secured by real estate and/or personal property. Interest-bearing liabilities primarily consist of interest-bearing deposit accounts, securities sold under agreements to repurchase, as well as short-term and long-term borrowing sources. Federal Home Loan Bank (“FHLB”) advances have traditionally been a significant borrowing source for the Bank. Other sources of Traditional Banking income include service charges on deposit accounts, debit and credit card interchange fee income, title insurance commissions, fees charged to clients for trust services, and increases in the cash surrender value of Bank Owned Life Insurance (“BOLI”). Traditional Banking operating expenses consist primarily of salaries and employee benefits, occupancy and equipment expenses, communication and transportation costs, data processing, interchange related expenses, marketing and development expenses, Federal Deposit Insurance Corporation (“FDIC”) insurance expense, franchise tax expense and various other general and administrative costs. Traditional Banking results of operations are significantly impacted by general economic and competitive conditions, particularly changes in market interest rates, government laws and policies and actions of regulatory agencies. Primarily from its Warehouse clients, the Traditional Bank acquires for investment single family, first lien mortgage loans that meet the Traditional Bank’s specifications through its Correspondent Lending channel. Substantially all loans purchased through the Correspondent Lending channel are purchased at a premium. Warehouse Lending segment — Through its Warehouse Lending segment, the Core Bank provides short-term, revolving credit facilities to mortgage bankers across the United States through mortgage warehouse lines of credit. These credit facilities are primarily secured by single family, first lien residential real estate loans. The credit facility enables the mortgage banking clients to close single family, first lien residential real estate loans in their own name and temporarily fund their inventory of these closed loans until the loans are sold to investors approved by the Bank or purchased by the Bank through its Correspondent Lending channel. Individual loans are expected to remain on the warehouse line for an average of 15 to 30 days. Reverse mortgage loans typically remain on the line longer than conventional mortgage loans. Interest income and loan fees are accrued for each individual loan during the time the loan remains on the warehouse line and collected when the loan is sold. The Core Bank receives the sale proceeds of each loan directly from the investor and applies the funds to pay off the warehouse advance and related accrued interest and fees. The remaining proceeds are credited to the mortgage-banking client. Mortgage Banking segment — Mortgage Banking activities primarily include 15-, 20- and 30-year fixed-term single family, first lien residential real estate loans that are originated and sold into the secondary market, primarily to the Federal Home Loan Mortgage Corporation (“FHLMC” or “Freddie Mac”) and the Federal National Mortgage Association (“FNMA” or “Fannie Mae”). The Bank typically retains servicing on loans sold into the secondary market. Administration of loans with servicing retained by the Bank includes collecting principal and interest payments, escrowing funds for property taxes and property insurance, and remitting payments to secondary market investors. A fee is received by the Bank for performing these standard servicing functions. Republic Processing Group Tax Refund Solutions segment — Through the TRS segment, the Bank is one of a limited number of financial institutions that facilitates the receipt and payment of federal and state tax refund products and offers a credit product through third-party tax preparers located throughout the United States, as well as tax-preparation software providers (collectively, the “Tax Providers”). Substantially all of the business generated by the TRS segment occurs in the first half of the year. The TRS segment traditionally operates at a loss during the second half of the year, during which time the segment incurs costs preparing for the upcoming year’s tax season. Refund Transfers (“RTs”) are fee-based products whereby a tax refund is issued to the taxpayer after the Bank has received the refund from the federal or state government. There is no credit risk or borrowing cost associated with these products because they are only delivered to the taxpayer upon receipt of the tax refund directly from the governmental paying authority. Fees earned on RTs, net of revenue share, are reported as noninterest income under the line item “Net refund transfer fees.” The Easy Advance (“EA”) tax credit product is a loan that allows a taxpayer to receive an advance of a portion of their refund, with the taxpayer’s Tax Provider paying all fees to RB&T for the advance. First offered by TRS in 2016, the EA has the following features: · Offered only during the first two months of each year; · No EA fee is charged to the taxpayer customer; · All fees for the EA are paid by the Tax Providers with a restriction prohibiting the Tax Providers from passing along the fees to the taxpayer customer; · No requirement that the taxpayer customer pays for another bank product, such as an RT; · Multiple funds disbursement methods, including direct deposit, prepaid card, check, or Walmart Direct2Cash ® , based on the taxpayer-customer’s election; · Repayment of the EA to the Bank is deducted from the taxpayer customer’s tax refund proceeds; and · If an insufficient refund to repay the EA occurs: o there is no recourse to the taxpayer customer, o no negative credit reporting on the taxpayer customer, and o no collection efforts against the taxpayer customer. Fees paid by the Tax Providers to the Company for the EA product are reported as interest income on loans. EAs are generally repaid within three weeks after the taxpayer customer’s tax return is submitted to the applicable taxing authority. EAs do not have a contractual due date but the Company considers an EA delinquent if it remains unpaid three weeks after the taxpayer customer’s tax return is submitted to the applicable taxing authority. Provisions for loan losses on EAs are estimated when advances are made, with provisions for all probable EA losses made in the first quarter of each year. Unpaid EAs are charged-off within 111 days after the taxpayer customer’s tax return is submitted to the applicable taxing authority, with the majority of charge-offs typically recorded during the second quarter of the year. Related to the overall credit losses on EAs, the Bank’s ability to control losses is highly dependent upon its ability to predict the taxpayer’s likelihood to receive the tax refund as claimed on the taxpayer’s tax return. Each year, the Bank’s EA approval model is based primarily on the prior-year’s tax refund funding patterns. Because much of the loan volume occurs each year before that year’s tax refund funding patterns can be analyzed and subsequent underwriting changes made, credit losses during a current year could be higher than management’s predictions if tax refund funding patterns change materially between years. Republic Payment Solutions division — RPS is managed and operated within the TRS segment. The RPS division is an issuing bank offering general-purpose reloadable prepaid cards through third-party service providers. For the projected near-term, as the prepaid card program matures, the operating results of the RPS division are expected to be immaterial to the Company’s overall results of operations and will be reported as part of the TRS segment. The RPS division will not be considered a separate reportable segment until such time, if any, that it meets quantitative reporting thresholds. The Company reports fees related to RPS programs under Program fees. Additionally, the Company’s portion of interchange revenue generated by prepaid card transactions is reported as noninterest income under “Interchange fee income.” Republic Credit Solutions segment — Through the RCS segment, the Bank offers consumer credit products. In general, the credit products are unsecured, small dollar consumer loans with maturities of 30-days-or-more, and are dependent on various factors including the consumer’s ability to repay. RCS loans typically earn a higher yield but also have higher credit risk compared to loans originated through the Traditional Banking segment, with a significant portion of RCS clients considered subprime or near-prime borrowers. Additional information regarding consumer loan products offered through RCS follows: · Line of credit – The Bank originates a line-of-credit product to generally subprime borrowers across the United States through one third-party service provider. RCS sells 90% of the balances generated within two business days of loan origination to its third-party service provider and retains the remaining 10% interest. The line-of-credit product represents the substantial majority of RCS activity. Loan balances held for sale are carried at the lower of cost or fair value. · Credit card – The Bank originates a credit card product to generally subprime borrowers across the United States through one third-party service provider. RCS sells 90% of the balances generated within two business days of each transaction occurrence to its third-party service provider and retains the remaining 10% interest. Loan balances held for sale are carried at the lower of cost or fair value. · Healthcare receivables – The Bank originates a healthcare-receivables product across the United States through two different third-party service providers. For one third-party service provider the Bank retains 100% of the receivables originated. For the other third-party service provider, the Bank retains 100% of the receivables originated in some instances and sells 100% of the receivables in other instances within one month of origination. Loan balances held for sale are carried at the lower of cost or fair value. · Installment loan – The Bank originates an installment-loan product across the United States through a third-party service provider and sells 100% of the balances generated approximately 21 days after origination back to this third-party. Unlike RCS’s other products, the Company carries these installment loans held for sale at fair value, with this portfolio marked to market on a monthly basis. The Company reports interest income and loan origination fees earned on RCS loans under “Loans, including fees,” while any gains or losses on sale and mark-to-market adjustments of RCS loans are reported as noninterest income under “Program fees.”
Accounting Standards Update (“ASUs”)	Accounting Standards Updates (“ASUs”) The following ASUs were issued prior to March 31, 2018 and are considered relevant to the Company’s financial statements. Generally, if an issued-but-not-yet-effective ASU with an expected immaterial impact to the Company has been disclosed in prior Company financial statements, it will not be re-disclosed below. ASU. No. Topic Nature of Update Date Adoption Required Method of Adoption Expected Financial Statement Impact 2016-02 Leases (Topic 842) Most leases are considered operating leases, which are not accounted for on the lessees’ balance sheets. The significant change under this ASU is that those operating leases will be recorded on the balance sheet. January 1, 2019 Modified-retrospective approach, which includes a number of optional practical expedients. During 2018, the Company completed another iteration of a pro forma impact analysis on the Company's financial statements of implementing this standard. Based on this analysis, the Company believes approximately $30 million of leases will be placed on its balance sheet, with this amount increasing both total assets and total liabilities. Additionally, the Company's analysis reflected that this ASU would have minimal impact on the Company's performance metrics, including regulatory capital ratios and return on average assets. From a client perspective, the Company is currently reviewing the impact of this ASU on any debt covenants. 2016-13 Financial Instruments – Credit Losses (Topic 326) Amends guidance on reporting credit losses for assets held at amortized-cost basis and available-for-sale debt securities. January 1, 2020 Modified-retrospective approach. As a result of this ASU, the Company expects a substantial, yet fully undetermined, increase in its allowance for credit losses. A committee formed by the Company to oversee its transition to a current expected credit losses (“CECL”) methodology has analyzed the Company’s loan-level data and preliminarily concluded that no additional loan level segmentation beyond its current methodology segmentation would be warranted under CECL. The Company is also currently performing iterations of its allowance calculation under a “beta” CECL model provided by the same third-party software solution currently-employed to calculate the Company's allowance for loan and lease losses. 2018-02 Income Statement — Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income ("AOCI") This ASU provides the Company with an option to reclassify stranded tax effects within AOCI to retained earnings in each period in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act (or portion thereof) is recorded. January 1, 2019 Period of adoption or retrospectively. Immaterial. The following ASUs were adopted by the Company during the three months ended March 31, 2018: ASU. No. Topic Nature of Update Date Adopted Method of Adoption Financial Statement Impact 2014-09 Revenue from Contracts with Customers (Topic 606) Requires that revenue from contracts with clients be recognized upon transfer of control of a good or service in the amount of consideration expected to be received. Changes the accounting for certain contract costs, including whether they may be offset against revenue in the statements of income, and requires additional disclosures about revenue and contract costs. January 1, 2018 Retrospective transition. Because most financial instruments are not subject to this ASU, a substantial portion of the Company's revenue was not impacted by this standard. Furthermore, this new standard did not have a material impact on the timing of revenue recognition for any of the Company's revenue during the first quarter of 2018 nor is it expected to going forward. Additionally, the Company took the following actions in association with the adoption of this ASU: 1) amended its accounting policies and procedures to assure proper revenue recognition in conformity with this ASU; and 2) updated its revenue-recognition financial statement disclosures (see footnote 16 in this section of the filing). 2016-01 Financial Instruments – Overall (Topic 825-10) Among other things: Requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. Requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables). Eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. January 1, 2018 Modified-retrospective approach. The Company has updated its policies, procedures, and financial statement presentation and disclosures for this ASU. As provided by this ASU, the Company now reports its financial instruments at exit price (see footnote 9 in this section of the filing) and recognizes changes in the fair value of applicable equity investments in net income (see footnote 2 in this section of the filing). 2016-15 Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments This ASU provides cash flow statement classification guidance on eight reportable topics. January 1, 2018 Retrospective transition. Immaterial. 2016-18 Statement of Cash Flows (Topic 230) Requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. As a result, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments do not provide a definition of restricted cash or restricted cash equivalents. January 1, 2018 Retrospective transition. Immaterial. 2017-09 Compensation - Stock Compensation (Topic 718) The amendments provide guidance on determining which changes to the terms and conditions of share-based payment awards require the Company to apply modification accounting under Topic 718. January 1, 2018 Prospectively. Immaterial. 2018-05 Income Taxes (Topic 740): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118 ("SAB 118") This ASU updates the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") for guidance issued by the SEC in SAB 118. Among other things, SAB 118 allows companies a one-year measurement period to complete their accounting for the impact of the 2017 Tax Cuts and Jobs Act. Upon addition to the ASC Not Applicable. For the Company's financial statement disclosures in accordance with SAB 118, see footnote 19 of the Company's Annual Report on Form 10-K for the year ended December 31, 2017 and footnote 14 in this section of the filing.

BASIS OF PRESENTATION AND SUM26

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2018
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedules of Accounting Standards Updates	ASU. No. Topic Nature of Update Date Adoption Required Method of Adoption Expected Financial Statement Impact 2016-02 Leases (Topic 842) Most leases are considered operating leases, which are not accounted for on the lessees’ balance sheets. The significant change under this ASU is that those operating leases will be recorded on the balance sheet. January 1, 2019 Modified-retrospective approach, which includes a number of optional practical expedients. During 2018, the Company completed another iteration of a pro forma impact analysis on the Company's financial statements of implementing this standard. Based on this analysis, the Company believes approximately $30 million of leases will be placed on its balance sheet, with this amount increasing both total assets and total liabilities. Additionally, the Company's analysis reflected that this ASU would have minimal impact on the Company's performance metrics, including regulatory capital ratios and return on average assets. From a client perspective, the Company is currently reviewing the impact of this ASU on any debt covenants. 2016-13 Financial Instruments – Credit Losses (Topic 326) Amends guidance on reporting credit losses for assets held at amortized-cost basis and available-for-sale debt securities. January 1, 2020 Modified-retrospective approach. As a result of this ASU, the Company expects a substantial, yet fully undetermined, increase in its allowance for credit losses. A committee formed by the Company to oversee its transition to a current expected credit losses (“CECL”) methodology has analyzed the Company’s loan-level data and preliminarily concluded that no additional loan level segmentation beyond its current methodology segmentation would be warranted under CECL. The Company is also currently performing iterations of its allowance calculation under a “beta” CECL model provided by the same third-party software solution currently-employed to calculate the Company's allowance for loan and lease losses. 2018-02 Income Statement — Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income ("AOCI") This ASU provides the Company with an option to reclassify stranded tax effects within AOCI to retained earnings in each period in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act (or portion thereof) is recorded. January 1, 2019 Period of adoption or retrospectively. Immaterial. The following ASUs were adopted by the Company during the three months ended March 31, 2018: ASU. No. Topic Nature of Update Date Adopted Method of Adoption Financial Statement Impact 2014-09 Revenue from Contracts with Customers (Topic 606) Requires that revenue from contracts with clients be recognized upon transfer of control of a good or service in the amount of consideration expected to be received. Changes the accounting for certain contract costs, including whether they may be offset against revenue in the statements of income, and requires additional disclosures about revenue and contract costs. January 1, 2018 Retrospective transition. Because most financial instruments are not subject to this ASU, a substantial portion of the Company's revenue was not impacted by this standard. Furthermore, this new standard did not have a material impact on the timing of revenue recognition for any of the Company's revenue during the first quarter of 2018 nor is it expected to going forward. Additionally, the Company took the following actions in association with the adoption of this ASU: 1) amended its accounting policies and procedures to assure proper revenue recognition in conformity with this ASU; and 2) updated its revenue-recognition financial statement disclosures (see footnote 16 in this section of the filing). 2016-01 Financial Instruments – Overall (Topic 825-10) Among other things: Requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. Requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables). Eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. January 1, 2018 Modified-retrospective approach. The Company has updated its policies, procedures, and financial statement presentation and disclosures for this ASU. As provided by this ASU, the Company now reports its financial instruments at exit price (see footnote 9 in this section of the filing) and recognizes changes in the fair value of applicable equity investments in net income (see footnote 2 in this section of the filing). 2016-15 Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments This ASU provides cash flow statement classification guidance on eight reportable topics. January 1, 2018 Retrospective transition. Immaterial. 2016-18 Statement of Cash Flows (Topic 230) Requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. As a result, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments do not provide a definition of restricted cash or restricted cash equivalents. January 1, 2018 Retrospective transition. Immaterial. 2017-09 Compensation - Stock Compensation (Topic 718) The amendments provide guidance on determining which changes to the terms and conditions of share-based payment awards require the Company to apply modification accounting under Topic 718. January 1, 2018 Prospectively. Immaterial. 2018-05 Income Taxes (Topic 740): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118 ("SAB 118") This ASU updates the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") for guidance issued by the SEC in SAB 118. Among other things, SAB 118 allows companies a one-year measurement period to complete their accounting for the impact of the 2017 Tax Cuts and Jobs Act. Upon addition to the ASC Not Applicable. For the Company's financial statement disclosures in accordance with SAB 118, see footnote 19 of the Company's Annual Report on Form 10-K for the year ended December 31, 2017 and footnote 14 in this section of the filing.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2018
INVESTMENT SECURITIES
Schedule of gross amortized cost and fair value of available-for-sale debt securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income	Gross Gross Amortized Unrealized Unrealized Fair March 31, 2018 (in thousands) Cost Gains Losses Value U.S. Treasury securities and U.S. Government agencies $ 219,157 $ — $ (2,156) $ 217,001 Private label mortgage backed security 2,738 1,382 — 4,120 Mortgage backed securities - residential 100,439 1,370 (1,571) 100,238 Collateralized mortgage obligations 84,074 279 (1,608) 82,745 Corporate bonds 10,000 — (21) 9,979 Trust preferred security 3,503 397 — 3,900 Total available-for-sale debt securities $ 419,911 $ 3,428 $ (5,356) $ 417,983 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2017 (in thousands) Cost Gains Losses Value U.S. Treasury securities and U.S. Government agencies $ 309,042 $ 1 $ (1,451) $ 307,592 Private label mortgage backed security 3,065 1,384 — 4,449 Mortgage backed securities - residential 105,644 1,603 (873) 106,374 Collateralized mortgage obligations 87,867 371 (1,075) 87,163 Corporate bonds 15,001 124 — 15,125 Trust preferred security 3,493 107 — 3,600 Total available-for-sale debt securities $ 524,112 $ 3,590 $ (3,399) $ 524,303
Schedule of carrying value, gross unrecognized gains and losses, and fair value of held-to-maturity debt securities	Gross Gross Carrying Unrecognized Unrecognized Fair March 31, 2018 (in thousands) Value Gains Losses Value Mortgage backed securities - residential $ 150 $ 10 $ — $ 160 Collateralized mortgage obligations 22,062 285 (16) 22,331 Corporate bonds 40,168 405 — 40,573 Obligations of state and political subdivisions 464 — (13) 451 Total held-to-maturity debt securities $ 62,844 $ 700 $ (29) $ 63,515 Gross Gross Carrying Unrecognized Unrecognized Fair December 31, 2017 (in thousands) Value Gains Losses Value Mortgage backed securities - residential $ 151 $ 10 $ — $ 161 Collateralized mortgage obligations 23,437 236 (17) 23,656 Corporate bonds 40,175 686 (3) 40,858 Obligations of state and political subdivisions 464 — (6) 458 Total held-to-maturity debt securities $ 64,227 $ 932 $ (26) $ 65,133
Schedule of amortized cost and fair value of debt securities by contractual maturity	Available-for-Sale Held-to-Maturity Debt Securities Debt Securities Amortized Fair Carrying Fair March 31, 2018 (in thousands) Cost Value Value Value Due in one year or less $ 80,069 $ 79,732 $ — $ — Due from one year to five years 139,088 137,270 10,441 10,473 Due from five years to ten years 10,000 9,978 30,191 30,551 Due beyond ten years 3,503 3,900 — — Private label mortgage backed security 2,738 4,120 — — Mortgage backed securities - residential 100,439 100,238 150 160 Collateralized mortgage obligations 84,074 82,745 22,062 22,331 Total debt securities $ 419,911 $ 417,983 $ 62,844 $ 63,515
Schedule of debt securities with unrealized losses	Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized March 31, 2018 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ 98,699 $ (1,011) $ 88,303 $ (1,145) $ 187,002 $ (2,156) Mortgage backed securities - residential 58,202 (1,238) 9,377 (333) 67,579 (1,571) Collateralized mortgage obligations 30,426 (864) 23,081 (744) 53,507 (1,608) Corporate bonds 9,979 (21) — — 9,979 (21) Total available-for-sale debt securities $ 197,306 $ (3,134) $ 120,761 $ (2,222) $ 318,067 $ (5,356) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 2017 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ 209,165 $ (499) $ 88,415 $ (952) $ 297,580 $ (1,451) Mortgage backed securities - residential 61,348 (617) 10,192 (256) 71,540 (873) Collateralized mortgage obligations 30,963 (642) 18,603 (433) 49,566 (1,075) Total available-for-sale debt securities $ 301,476 $ (1,758) $ 117,210 $ (1,641) $ 418,686 $ (3,399) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized March 31, 2018 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Held-to-maturity debt securities: Collateralized mortgage obligations $ — $ — $ 6,128 $ (16) $ 6,128 $ (16) Obligations of state and political subdivisions 451 (13) — — 451 (13) Total held-to-maturity debt securities: $ 451 $ (13) $ 6,128 $ (16) $ 6,579 $ (29) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 2017 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Held-to-maturity debt securities: Collateralized mortgage obligations $ — $ — $ 6,390 $ (17) $ 6,390 $ (17) Corporate bonds 4,997 (3) — — 4,997 (3) Obligations of state and political subdivisions 458 (6) — — 458 (6) Total held-to-maturity debt securities: $ 5,455 $ (9) $ 6,390 $ (17) $ 11,845 $ (26)
Schedule of pledged investment securities	(in thousands) March 31, 2018 December 31, 2017 Carrying amount $ 257,934 $ 262,679 Fair value 258,250 262,902
Schedule of carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values	Gross Gross Amortized Unrealized Unrealized Fair March 31, 2018 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 328 $ — $ 328 Community Reinvestment Act mutual fund 2,500 — (82) 2,418 Total equity securities with readily determinable fair values $ 2,500 $ 328 $ (82) $ 2,746 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2017 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 473 $ — $ 473 Community Reinvestment Act mutual fund 2,500 — (45) 2,455 Total equity securities with readily determinable fair values $ 2,500 $ 473 $ (45) $ 2,928
Schedule of equity securities with readily determinable fair values, the gross realized and unrealized gains and losses recognized in the Company’s consolidated statements of income	Three Months Ended March 31, 2018 Gains (Losses) Recognized on Equity Securities (in thousands) Realized Unrealized Total Freddie Mac preferred stock $ — $ (145) $ (145) Community Reinvestment Act mutual fund — (37) (37) Total equity securities with readily determinable fair value $ — $ (182) $ (182)

LOANS HELD FOR SALE (Tables)

LOANS HELD FOR SALE (Tables)	3 Months Ended
	Mar. 31, 2018
LOANS HELD FOR SALE.
Schedule of activity of consumer loans held for sale and carried at fair value	Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 2,677 $ 2,198 Origination of consumer loans held for sale 10,439 12,238 Proceeds from the sale of consumer loans held for sale (10,760) (10,783) Net gain on sale of consumer loans held for sale 63 26 Balance, end of period $ 2,419 $ 3,679
Schedule of activity of consumer loans held for sale and carried at lower of cost or fair value	Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 8,551 $ 1,310 Origination of consumer loans held for sale 154,057 114,686 Proceeds from the sale of consumer loans held for sale (156,802) (115,658) Net gain on sale of consumer loans held for sale 1,574 1,082 Balance, end of period $ 7,380 $ 1,420

LOANS AND ALLOWANCE FOR LOAN 29

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	3 Months Ended
	Mar. 31, 2018
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES
Schedule of composition of loan portfolio	(in thousands) March 31, 2018 December 31, 2017 Traditional Banking: Residential real estate: Owner occupied $ 912,415 $ 921,565 Owner occupied - correspondent* 111,263 116,792 Nonowner occupied 216,095 205,081 Commercial real estate 1,216,592 1,207,293 Construction & land development 160,391 150,065 Commercial & industrial 355,316 341,692 Lease financing receivables 15,751 16,580 Home equity 342,217 347,655 Consumer: Credit cards 16,677 16,078 Overdrafts 791 974 Automobile loans 65,281 65,650 Other consumer 27,556 20,501 Total Traditional Banking 3,440,345 3,409,926 Warehouse lines of credit* 533,959 525,572 Total Core Banking 3,974,304 3,935,498 Republic Processing Group*: Tax Refund Solutions: Easy Advances 15,601 — Other TRS loans 192 11,648 Republic Credit Solutions 62,403 66,888 Total Republic Processing Group 78,196 78,536 Total loans** 4,052,500 4,014,034 Allowance for loan and lease losses (52,341) (42,769) Total loans, net $ 4,000,159 $ 3,971,265 *Identifies loans to borrowers located primarily outside of the Bank’s market footprint. ** Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs. See table directly below for expanded detail.
Schedule that reconciles the contractually receivable and carrying amounts of loans	(in thousands) March 31, 2018 December 31, 2017 Contractually receivable $ 4,052,694 $ 4,014,673 Unearned income(1) (1,219) (1,157) Unamortized premiums(2) 914 1,069 Unaccreted discounts(3) (4,251) (4,643) Net unamortized deferred origination fees and costs(4) 4,362 4,092 Carrying value of loans $ 4,052,500 $ 4,014,034 (1) Unearned income relates to lease financing receivables. (2) Unamortized premiums predominately relate to loans acquired through the Bank’s Correspondent Lending channel. (3) Unaccreted discounts include accretable and non-accretable discounts and relate to loans acquired in the Bank’s 2016 Cornerstone acquisition and its 2012 FDIC-assisted transactions. (4) Primarily attributable to the Traditional Banking segment.
Reconciliation of contractually-required and carrying amounts of PCI loans	(in thousands) March 31, 2018 December 31, 2017 Contractually required principal $ 5,319 $ 5,435 Non-accretable amount (1,691) (1,691) Accretable amount (140) (140) Carrying value of loans $ 3,488 $ 3,604
Rollforward of the accretable amount on PCI loans	Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ (140) $ (3,600) Transfers between non-accretable and accretable* — 90 Net accretion into interest income on loans, including loan fees — 101 Balance, end of period $ (140) $ (3,409) * Transfers are primarily attributable to changes in estimated cash flows of the underlying loans.
Schedule of the risk category of loans by class of loans based on the bank's internal analysis performed	March 31, 2018 Special Doubtful / PCI Loans - PCI Loans - Total Rated (in thousands) Pass Mention Substandard Loss Group 1 Substandard Loans* Traditional Banking: Residential real estate: Owner occupied $ — $ 17,690 $ 12,395 $ — $ 176 $ 1,609 $ 31,870 Owner occupied - correspondent — — 383 — — — 383 Nonowner occupied — 628 2,259 — 244 — 3,131 Commercial real estate 1,205,748 4,743 4,765 — 1,336 — 1,216,592 Construction & land development 159,780 — 611 — — — 160,391 Commercial & industrial 354,477 36 791 — 12 — 355,316 Lease financing receivables 15,751 — — — — — 15,751 Home equity — 33 1,427 — 6 102 1,568 Consumer: Credit cards — — — — — — — Overdrafts — — — — — — — Automobile loans — — 141 — — — 141 Other consumer — — 556 — — 3 559 Total Traditional Banking 1,735,756 23,130 23,328 — 1,774 1,714 1,785,702 Warehouse lines of credit 533,959 — — — — — 533,959 Total Core Banking 2,269,715 23,130 23,328 — 1,774 1,714 2,319,661 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — Other TRS loans — — — — — — — Republic Credit Solutions — — 1,306 — — — 1,306 Total Republic Processing Group — — 1,306 — — — 1,306 Total rated loans $ 2,269,715 $ 23,130 $ 24,634 $ — $ 1,774 $ 1,714 $ 2,320,967 December 31, 2017 Special Doubtful / PCI Loans - PCI Loans - Total Rated (in thousands) Pass Mention Substandard Loss Group 1 Substandard Loans* Traditional Banking: Residential real estate: Owner occupied $ — $ 18,054 $ 12,056 $ — $ 180 $ 1,658 $ 31,948 Owner occupied - correspondent — — — — — — — Nonowner occupied — 635 1,240 — 248 — 2,123 Commercial real estate 1,197,299 4,824 3,798 — 1,372 — 1,207,293 Construction & land development 149,332 — 733 — — — 150,065 Commercial & industrial 341,377 267 21 — 27 — 341,692 Lease financing receivables 16,580 — — — — — 16,580 Home equity — 33 1,609 — 6 110 1,758 Consumer: Credit cards — — — — — — — Overdrafts — — — — — — — Automobile loans — — 108 — — — 108 Other consumer — — 571 — — 3 574 Total Traditional Banking 1,704,588 23,813 20,136 — 1,833 1,771 1,752,141 Warehouse lines of credit 525,572 — — — — — 525,572 Total Core Banking 2,230,160 23,813 20,136 — 1,833 1,771 2,277,713 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — Other TRS loans 11,648 — — — — — 11,648 Republic Credit Solutions — — 1,066 — — — 1,066 Total Republic Processing Group 11,648 — 1,066 — — — 12,714 Total rated loans $ 2,241,808 $ 23,813 $ 21,202 $ — $ 1,833 $ 1,771 $ 2,290,427 *The above tables exclude all non-classified residential real estate, home equity and consumer loans at the respective period ends.
Schedule of activity in the allowance for loan and lease losses	Allowance Rollforward Three Months Ended March 31, 2018 2017 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Traditional Banking: Residential real estate: Owner occupied $ 6,182 $ — $ (215) $ 21 $ 5,988 $ 7,158 $ (143) $ (3) $ 59 $ 7,071 Owner occupied - correspondent 292 (14) — — 278 373 (9) (11) — 353 Nonowner occupied 1,396 165 (121) 21 1,461 1,139 59 — — 1,198 Commercial real estate 9,043 292 — 125 9,460 8,078 (197) — 17 7,898 Construction & land development 2,364 354 — 2 2,720 1,850 383 — — 2,233 Commercial & industrial 2,198 126 (108) 31 2,247 1,511 (44) — 21 1,488 Lease financing receivables 174 (9) — — 165 136 9 — — 145 Home equity 3,754 (111) — 26 3,669 3,757 69 (4) 9 3,831 Consumer: Credit cards 607 235 (93) 7 756 490 38 (27) 5 506 Overdrafts 974 17 (289) 89 791 675 83 (184) 67 641 Automobile loans 687 19 — — 706 526 36 — 1 563 Other consumer 1,162 (135) (120) 83 990 771 183 (230) 101 825 Total Traditional Banking 28,833 939 (946) 405 29,231 26,464 467 (459) 280 26,752 Warehouse lines of credit 1,314 21 — — 1,335 1,464 (226) — — 1,238 Total Core Banking 30,147 960 (946) 405 30,566 27,928 241 (459) 280 27,990 Republic Processing Group: Tax Refund Solutions: Easy Advances — 13,277 (3,705) — 9,572 — 8,601 (860) — 7,741 Other TRS loans 12 112 — 1 125 25 (260) — 235 — Republic Credit Solutions 12,610 2,906 (3,696) 258 12,078 4,967 3,769 (2,285) 180 6,631 Total Republic Processing Group 12,622 16,295 (7,401) 259 21,775 4,992 12,110 (3,145) 415 14,372 Total $ 42,769 $ 17,255 $ (8,347) $ 664 $ 52,341 $ 32,920 $ 12,351 $ (3,604) $ 695 $ 42,362
Schedule of non-performing loans and non-performing assets and select credit quality ratios	(dollars in thousands) March 31, 2018 December 31, 2017 Loans on nonaccrual status* $ 14,849 $ 14,118 Loans past due 90-days-or-more and still on accrual** 1,279 956 Total nonperforming loans 16,128 15,074 Other real estate owned 160 115 Total nonperforming assets $ 16,288 $ 15,189 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.40 % 0.38 % Nonperforming assets to total loans (including OREO) 0.40 0.38 Nonperforming assets to total assets 0.32 0.30 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.37 % 0.36 % Nonperforming assets to total loans (including OREO) 0.38 0.36 Nonperforming assets to total assets 0.31 0.28 *Loans on nonaccrual status include impaired loans. **Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans.
Schedule of recorded investment in non-accrual loans and loans past due over 90-days-or-more and still on accrual by class of loans	Past Due 90-Days-or-More Nonaccrual and Still Accruing Interest* (in thousands) March 31, 2018 December 31, 2017 March 31, 2018 December 31, 2017 Traditional Banking: Residential real estate: Owner occupied $ 8,952 $ 9,230 $ — $ — Owner occupied - correspondent — — — — Nonowner occupied 758 257 — — Commercial real estate 3,351 3,247 — — Construction & land development 62 67 — — Commercial & industrial 706 — — — Lease financing receivables — — — — Home equity 929 1,217 — — Consumer: Credit cards — — 1 — Overdrafts — — — — Automobile loans 65 68 — — Other consumer 26 32 26 19 Total Traditional Banking 14,849 14,118 27 19 Warehouse lines of credit — — — — Total Core Banking 14,849 14,118 27 19 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — Other TRS loans — — — — Republic Credit Solutions — — 1,252 937 Total Republic Processing Group — — 1,252 937 Total $ 14,849 $ 14,118 $ 1,279 $ 956 * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans.
Schedule of aging of the recorded investment in loans by class of loans	30 - 59 60 - 89 90 or More March 31, 2018 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent** Current Total Traditional Banking: Residential real estate: Owner occupied $ 1,191 $ 960 $ 1,344 $ 3,495 $ 908,920 $ 912,415 Owner occupied - correspondent 383 — — 383 110,880 111,263 Nonowner occupied 645 — 99 744 215,351 216,095 Commercial real estate 80 811 1,399 2,290 1,214,302 1,216,592 Construction & land development — — — — 160,391 160,391 Commercial & industrial 124 15 — 139 355,177 355,316 Lease financing receivables — — — — 15,751 15,751 Home equity 481 179 187 847 341,370 342,217 Consumer: Credit cards 37 29 1 67 16,610 16,677 Overdrafts 176 1 — 177 614 791 Automobile loans — 21 23 44 65,237 65,281 Other consumer 61 30 26 117 27,439 27,556 Total Traditional Banking 3,178 2,046 3,079 8,303 3,432,042 3,440,345 Warehouse lines of credit — — — — 533,959 533,959 Total Core Banking 3,178 2,046 3,079 8,303 3,966,001 3,974,304 Republic Processing Group: Tax Refund Solutions: Easy Advances 13,163 — — 13,163 2,438 15,601 Other TRS loans — — — — 192 192 Republic Credit Solutions 2,487 628 1,252 4,367 58,036 62,403 Total Republic Processing Group 15,650 628 1,252 17,530 60,666 78,196 Total $ 18,828 $ 2,674 $ 4,331 $ 25,833 $ 4,026,667 $ 4,052,500 Delinquency ratio*** 0.46 % 0.07 % 0.11 % 0.64 % * All loans past due 90-days-or-more, excluding small balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. Easy Advances do not have a contractual due date but the Company considers an Easy Advance delinquent if it remains unpaid three weeks after the taxpayer customer’s tax return is submitted to the applicable tax authority. *** Represents total loans 30-days-or-more past due by aging category divided by total loans. 30 - 59 60 - 89 90 or More December 31, 2017 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent** Current Total Traditional Banking: Residential real estate: Owner occupied $ 2,559 $ 1,166 $ 1,057 $ 4,782 $ 916,783 $ 921,565 Owner occupied - correspondent — — — — 116,792 116,792 Nonowner occupied 47 — 99 146 204,935 205,081 Commercial real estate 398 — 1,329 1,727 1,205,566 1,207,293 Construction & land development 67 — — 67 149,998 150,065 Commercial & industrial 15 — — 15 341,677 341,692 Lease financing receivables — — — — 16,580 16,580 Home equity 723 50 448 1,221 346,434 347,655 Consumer: Credit cards 34 40 — 74 16,004 16,078 Overdrafts 230 3 — 233 741 974 Automobile loans 36 — 24 60 65,590 65,650 Other consumer 93 21 21 135 20,366 20,501 Total Traditional Banking 4,202 1,280 2,978 8,460 3,401,466 3,409,926 Warehouse lines of credit — — — — 525,572 525,572 Total Core Banking 4,202 1,280 2,978 8,460 3,927,038 3,935,498 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — Other TRS loans — — — — 11,648 11,648 Republic Credit Solutions 3,631 1,073 937 5,641 61,247 66,888 Total Republic Processing Group 3,631 1,073 937 5,641 72,895 78,536 Total $ 7,833 $ 2,353 $ 3,915 $ 14,101 $ 3,999,933 $ 4,014,034 Delinquency ratio*** 0.20 % 0.06 % 0.10 % 0.35 % * All loans past due 90-days-or-more, excluding smaller balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. *** Represents total loans 30-days-or-more past due by aging category divided by total loans.
Schedule of Bank's impaired loans	(in thousands) March 31, 2018 December 31, 2017 Loans with no allocated Allowance $ 19,992 $ 18,540 Loans with allocated Allowance 27,935 27,076 Total recorded investment in impaired loans $ 47,927 $ 45,616 Amount of the allocated Allowance $ 4,579 $ 4,685
Schedule of balance in the Allowance and the recorded investment in loans by portfolio class based on impairment method	Allowance for Loan and Lease Losses Loans Individually PCI with Individually PCI with PCI without March 31, 2018 Evaluated Collectively Post Acquisition Total Evaluated Collectively Post Acquisition Post Acquisition Total Allowance to (dollars in thousands) Excluding PCI Evaluated Impairment Allowance Excluding PCI Evaluated Impairment Impairment Loans Total Loans Traditional Banking: Residential real estate: Owner occupied $ 2,280 $ 3,430 $ 278 $ 5,988 $ 27,610 $ 883,020 $ 1,785 $ — $ 912,415 0.66 % Owner occupied - correspondent — 278 — 278 383 110,880 — — 111,263 0.25 Nonowner occupied 3 1,456 2 1,461 2,827 213,024 244 — 216,095 0.68 Commercial real estate 729 8,683 48 9,460 10,071 1,205,185 1,334 2 1,216,592 0.78 Construction & land development 100 2,620 — 2,720 611 159,780 — — 160,391 1.70 Commercial & industrial 88 2,159 — 2,247 799 354,505 — 12 355,316 0.63 Lease financing receivables — 165 — 165 — 15,751 — — 15,751 1.05 Home equity 402 3,162 105 3,669 1,427 340,682 108 — 342,217 1.07 Consumer: Credit cards — 756 — 756 — 16,677 — — 16,677 4.53 Overdrafts — 791 — 791 — 791 — — 791 100.00 Automobile loans 41 665 — 706 141 65,140 — — 65,281 1.08 Other consumer 479 508 3 990 530 27,023 3 — 27,556 3.59 Total Traditional Banking 4,122 24,673 436 29,231 44,399 3,392,458 3,474 14 3,440,345 0.85 Warehouse lines of credit — 1,335 — 1,335 — 533,959 — — 533,959 0.25 Total Core Banking 4,122 26,008 436 30,566 44,399 3,926,417 3,474 14 3,974,304 0.77 Republic Processing Group: Tax Refund Solutions: Easy Advances — 9,572 — 9,572 — 15,601 — — 15,601 61.36 Other TRS loans — 125 — 125 — 192 — — 192 65.10 Republic Credit Solutions 21 12,057 — 12,078 54 62,349 — — 62,403 19.35 Total Republic Processing Group 21 21,754 — 21,775 54 78,142 — — 78,196 27.85 Total $ 4,143 $ 47,762 $ 436 $ 52,341 $ 44,453 $ 4,004,559 $ 3,474 $ 14 $ 4,052,500 1.29 % Allowance for Loan and Lease Losses Loans Individually PCI with Individually PCI with PCI without December 31, 2017 Evaluated Collectively Post Acquisition Total Evaluated Collectively Post Acquisition Post Acquisition Total Allowance to (dollars in thousands) Excluding PCI Evaluated Impairment Allowance Excluding PCI Evaluated Impairment Impairment Loans Total Loans Traditional Banking: Residential real estate: Owner occupied $ 2,361 $ 3,501 $ 320 $ 6,182 $ 27,605 $ 892,122 $ 1,838 $ — $ 921,565 0.67 % Owner occupied - correspondent — 292 — 292 — 116,792 — — 116,792 0.25 Nonowner occupied 4 1,390 2 1,396 1,814 203,019 248 — 205,081 0.68 Commercial real estate 407 8,588 48 9,043 9,185 1,196,736 1,369 3 1,207,293 0.75 Construction & land development 107 2,257 — 2,364 733 149,332 — — 150,065 1.58 Commercial & industrial 288 1,910 — 2,198 308 341,357 — 27 341,692 0.64 Lease financing receivables — 174 — 174 — 16,580 — — 16,580 1.05 Home equity 425 3,218 111 3,754 1,609 345,930 115 1 347,655 1.08 Consumer: Credit cards — 607 — 607 — 16,078 — — 16,078 3.78 Overdrafts — 974 — 974 — 974 — — 974 100.00 Automobile loans 32 655 — 687 108 65,542 — — 65,650 1.05 Other consumer 528 631 3 1,162 552 19,946 3 — 20,501 5.67 Total Traditional Banking 4,152 24,197 484 28,833 41,914 3,364,408 3,573 31 3,409,926 0.85 Warehouse lines of credit — 1,314 — 1,314 — 525,572 — — 525,572 0.25 Total Core Banking 4,152 25,511 484 30,147 41,914 3,889,980 3,573 31 3,935,498 0.77 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — — — — Other TRS loans — 12 — 12 — 11,648 — — 11,648 0.10 Republic Credit Solutions 49 12,561 — 12,610 129 66,759 — — 66,888 18.85 Total Republic Processing Group 49 12,573 — 12,622 129 78,407 — — 78,536 16.07 Total $ 4,201 $ 38,084 $ 484 $ 42,769 $ 42,043 $ 3,968,387 $ 3,573 $ 31 $ 4,014,034 1.07 %
Schedule of loans individually evaluated for impairment by class of loans	As of Three Months Ended March 31, 2018 March 31, 2018 Cash Basis Unpaid Average Interest Interest Principal Recorded Allocated Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 11,078 $ 10,370 $ — $ 10,580 $ 50 $ — Owner occupied - correspondent 383 383 — 192 4 — Nonowner occupied 3,141 2,749 — 2,227 22 — Commercial real estate 5,649 4,575 — 4,503 17 — Construction & land development 476 476 — 534 5 — Commercial & industrial 820 712 — 366 3 — Lease financing receivables — — — — — — Home equity 751 674 — 828 3 — Consumer 53 53 — 39 1 — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 19,146 19,026 2,558 18,840 172 — Owner occupied - correspondent — — — — — — Nonowner occupied 325 322 5 340 3 — Commercial real estate 6,829 6,829 777 6,477 73 — Construction & land development 135 135 100 139 1 — Commercial & industrial 87 87 88 188 1 — Lease financing receivables — — — — — — Home equity 861 861 507 802 7 — Consumer 675 675 544 722 5 — Total impaired loans $ 50,409 $ 47,927 $ 4,579 $ 46,777 $ 367 $ — As of Three Months Ended December 31, 2017 March 31, 2017 Cash Basis Unpaid Average Interest Interest Principal Recorded Allocated Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 11,664 $ 10,789 $ — $ 12,261 $ 29 $ — Owner occupied - correspondent — — — — — — Non owner occupied 1,784 1,704 — 1,394 8 — Commercial real estate 5,504 4,430 — 5,153 21 — Construction & land development 591 591 — 476 5 — Commercial & industrial 20 20 — 61 1 — Lease financing receivables — — — — — — Home equity 1,071 981 — 1,350 4 — Consumer 25 25 — 43 — — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 18,676 18,654 2,681 21,204 181 — Owner occupied - correspondent — — — — — — Non owner occupied 361 358 6 490 6 — Commercial real estate 6,124 6,124 455 6,744 67 — Construction & land development 142 142 107 401 5 — Commercial & industrial 288 288 288 386 — — Lease financing receivables — — — — — — Home equity 743 743 536 806 10 — Consumer 767 767 612 63 — — Total impaired loans $ 47,760 $ 45,616 $ 4,685 $ 50,832 $ 337 $ —
Schedule of TDRs differentiated by loan type and accrual status	Troubled Debt Troubled Debt Total Restructurings on Restructurings on Troubled Debt Nonaccrual Status Accrual Status Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 62 $ 4,797 180 $ 20,966 242 $ 25,763 Commercial real estate 2 1,342 14 6,519 16 7,861 Construction & land development 1 62 2 549 3 611 Commercial & industrial — — 5 25 5 25 Consumer — — 828 485 828 485 Total troubled debt restructurings 65 $ 6,201 1,029 $ 28,544 1,094 $ 34,745 Troubled Debt Troubled Debt Total Restructurings on Restructurings on Troubled Debt Nonaccrual Status Accrual Status Restructurings Number of Recorded Number of Recorded Number of Recorded December 31, 2017 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 62 $ 4,926 183 $ 20,189 245 $ 25,115 Commercial real estate 2 1,366 14 6,499 16 7,865 Construction & land development 1 67 3 666 4 733 Commercial & industrial — — 2 287 2 287 Consumer — — 830 637 830 637 Total troubled debt restructurings 65 $ 6,359 1,032 $ 28,278 1,097 $ 34,637
Schedule of categories of TDR loan modifications outstanding and respective performance under modified terms	Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments 1 $ 4 — $ — 1 $ 4 Rate reduction 144 17,205 34 3,162 178 20,367 Principal deferral 13 2,610 3 639 16 3,249 Legal modification 20 1,054 27 1,089 47 2,143 Total residential TDRs 178 20,873 64 4,890 242 25,763 Commercial related and construction/land development loans: Interest only payments 3 808 — — 3 808 Rate reduction 7 3,125 1 78 8 3,203 Principal deferral 10 3,147 3 1,339 13 4,486 Total commercial TDRs 20 7,080 4 1,417 24 8,497 Consumer loans: Principal deferral 828 485 — — 828 485 Total troubled debt restructurings 1,026 $ 28,438 68 $ 6,307 1,094 $ 34,745 Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded December 31, 2017 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments 1 $ 5 1 $ 458 2 $ 463 Rate reduction 147 17,617 32 3,081 179 20,698 Principal deferral 13 1,436 2 121 15 1,557 Legal modification 21 1,118 28 1,279 49 2,397 Total residential TDRs 182 20,176 63 4,939 245 25,115 Commercial related and construction/land development loans: Interest only payments 3 837 — — 3 837 Rate reduction 7 3,185 1 79 8 3,264 Principal deferral 9 3,430 2 1,354 11 4,784 Total commercial TDRs 19 7,452 3 1,433 22 8,885 Consumer loans: Principal deferral 830 637 — — 830 637 Total troubled debt restructurings 1,031 $ 28,265 66 $ 6,372 1,097 $ 34,637
Summary of categories of TDR loan modifications that occurred during the period	Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — — $ — — $ — Rate reduction — — 1 85 1 85 Principal deferral 1 1,204 1 522 2 1,726 Legal modification — — — — — — Total residential TDRs 1 1,204 2 607 3 1,811 Commercial related and construction/land development loans: Interest only payments — — — — — — Rate reduction — — — — — — Principal deferral 2 3 1 14 3 17 Total commercial TDRs 2 3 1 14 3 17 Consumer loans: Principal deferral 1 61 — — 1 61 Total troubled debt restructurings 4 $ 1,268 3 $ 621 7 $ 1,889 Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2017 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — — $ — — $ — Rate reduction 1 159 — — 1 159 Principal deferral — — — — — — Legal modification 2 38 — — 2 38 Total residential TDRs 3 197 — — 3 197 Commercial related and construction/land development loans: Interest only payments — — — — — — Rate reduction — — — — — — Principal deferral — — — — — — Total commercial TDRs — — — — — — Total troubled debt restructurings 3 $ 197 — $ — 3 $ 197 The tables above are inclusive of loans that were TDRs at the end of previous periods and were re-modified, e.g., a maturity date extension during the current period.
Schedule of loans by class modified as troubled debt restructurings within the previous twelve months for which there was a payment default	Three Months Ended March 31, 2018 2017 Number of Recorded Number of Recorded (dollars in thousands) Loans Investment Loans Investment Residential real estate: Owner occupied 1 $ 522 — $ — Commercial & industrial 1 14 — — Total 2 $ 536 — $ —
Schedule of carrying amount of foreclosed properties held	(in thousands) March 31, 2018 December 31, 2017 Residential real estate $ 160 $ 115 Total other real estate owned $ 160 $ 115
Schedule of recorded investment in consumer mortgage loans secured by residential real estate properties	(in thousands) March 31, 2018 December 31, 2017 Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure $ 1,113 $ 1,392
Schedule of Easy Advances	Three Months Ended March 31, (in thousands) 2018 2017 Easy Advances originated $ 430,212 $ 328,519 Net Charge to the Provision for Easy Advances 13,277 8,601 Provision to total Easy Advances originated 3.09 % 2.62 % Easy Advances net charge-offs $ 3,705 $ 860 Easy Advances net charge-offs to total Easy Advances originated 0.86 % 0.26 %

DEPOSITS (Tables)

DEPOSITS (Tables)	3 Months Ended
	Mar. 31, 2018
DEPOSITS
Ending deposit balances	(in thousands) March 31, 2018 December 31, 2017 Core Bank: Demand $ 952,510 $ 944,812 Money market accounts 587,162 546,998 Brokered money market accounts 366,060 373,242 Savings 191,423 182,800 Individual retirement accounts* 49,006 47,982 Time deposits, $250 and over* 77,234 77,891 Other certificates of deposit* 202,834 189,661 Brokered certificates of deposit* 48,626 46,089 Total Core Bank interest-bearing deposits 2,474,855 2,409,475 Total Core Bank noninterest-bearing deposits 1,065,902 988,537 Total Core Bank deposits 3,540,757 3,398,012 Republic Processing Group ("RPG"): Money market accounts 1,641 1,641 Total RPG interest-bearing deposits 1,641 1,641 Brokered prepaid card deposits 22,022 1,509 Other noninterest-bearing deposits 153,203 31,996 Total RPG noninterest-bearing deposits 175,225 33,505 Total RPG deposits 176,866 35,146 Total deposits $ 3,717,623 $ 3,433,158 *Represents a time deposit.

SECURITIES SOLD UNDER AGREEME31

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Tables)	3 Months Ended
	Mar. 31, 2018
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
Schedule of securities sold under agreements to repurchase	(dollars in thousands) March 31, 2018 December 31, 2017 Outstanding balance at end of period $ 175,682 $ 204,021 Weighted average interest rate at end of period 0.50 % 0.31 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 118,274 $ 71,824 Mortgage backed securities - residential 62,032 83,452 Collateralized mortgage obligations 45,905 84,693 Total securities pledged $ 226,211 $ 239,969 Three Months Ended March 31, (dollars in thousands) 2018 2017 Average outstanding balance during the period $ 257,439 $ 218,412 Average interest rate during the period % 0.05 % Maximum outstanding at any month end during the period $ 215,281 $ 183,709

FEDERAL HOME LOAN BANK ADVANC32

FEDERAL HOME LOAN BANK ADVANCES (Tables)	3 Months Ended
	Mar. 31, 2018
FEDERAL HOME LOAN BANK ADVANCES
Federal Home Loan Bank Advances	(dollars in thousands) March 31, 2018 December 31, 2017 Overnight advances $ 50,000 $ 330,000 Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% 10,000 10,000 Fixed interest rate advances 380,000 397,500 Total FHLB advances $ 440,000 $ 737,500
Aggregate Future Principal Payments on FHLB Advances	Weighted Average Year (dollars in thousands) Principal Rate 2018 (Overnight) $ 50,000 1.72 % 2018 (Term) 110,000 1.65 2019 100,000 1.80 2020 120,000 1.81 2021 30,000 1.93 2022 20,000 2.12 2023 10,000 2.14 Thereafter — — Total $ 440,000 1.79 %
Information Regarding Overnight FHLB Advances	(dollars in thousands) March 31, 2018 December 31, 2017 Outstanding balance at end of period $ 50,000 $ 330,000 Weighted average interest rate at end of period 1.72 % 1.42 % Three Months Ended March 31, (dollars in thousands) 2018 2017 Average outstanding balance during the period $ 144,889 $ 109,333 Average interest rate during the period 1.44 % 0.69 % Maximum outstanding at any month end during the period $ 560,000 $ 320,000
Real Estate Loans Pledged	(in thousands) March 31, 2018 December 31, 2017 First lien, single family residential real estate $ 1,121,052 $ 1,123,402 Home equity lines of credit 317,751 320,649

OFF BALANCE SHEET RISKS, COMM33

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2018
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
Bank Commitment Exclusive of Mortgage Bank Loan Commitments	(in thousands) March 31, 2018 December 31, 2017 Unused warehouse lines of credit $ 491,942 $ 525,328 Unused home equity lines of credit 378,232 367,887 Unused loan commitments - other 703,759 598,002 Standby letters of credit 12,645 12,643 FHLB letter of credit 10,000 10,000 Total commitments $ 1,596,578 $ 1,513,860

FAIR VALUE (Tables)

FAIR VALUE (Tables)	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on Recurring Basis	Fair Value Measurements at March 31, 2018 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Financial assets: Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ — $ 217,001 $ — $ 217,001 Private label mortgage backed security — — 4,120 4,120 Mortgage backed securities - residential — 100,238 — 100,238 Collateralized mortgage obligations — 82,745 — 82,745 Corporate bonds — 9,979 — 9,979 Trust preferred security — — 3,900 3,900 Total available-for-sale debt securities $ — $ 409,963 $ 8,020 $ 417,983 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 328 $ — $ 328 Community Reinvestment Act mutual fund 2,418 — — 2,418 Total equity securities with readily determinable fair value $ 2,418 $ 328 $ — $ 2,746 Mortgage loans held for sale $ — $ 4,496 $ — $ 4,496 Consumer loans held for sale — — 2,419 2,419 Rate lock loan commitments — 443 — 443 Mandatory forward contracts — 47 — 47 Interest rate swap agreements — 1,494 — 1,494 Financial liabilities: Interest rate swap agreements $ — $ 1,360 $ — $ 1,360 Fair Value Measurements at December 31, 2017 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Financial assets: Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ — $ 307,592 $ — $ 307,592 Private label mortgage backed security — — 4,449 4,449 Mortgage backed securities - residential — 106,374 — 106,374 Collateralized mortgage obligations — 87,163 — 87,163 Corporate bonds — 15,125 — 15,125 Trust preferred security — — 3,600 3,600 Total available-for-sale debt securities $ — $ 516,254 $ 8,049 $ 524,303 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 473 $ — $ 473 Community Reinvestment Act mutual fund 2,455 — — 2,455 Total equity securities with readily determinable fair value $ 2,455 $ 473 $ — $ 2,928 Mortgage loans held for sale $ — $ 5,761 $ — $ 5,761 Consumer loans held for sale — — 2,677 2,677 Rate lock loan commitments — 310 — 310 Interest rate swap agreements — 312 — 312 Financial liabilities: Mandatory forward contracts $ — $ 9 $ — $ 9 Interest rate swap agreements — 403 — 403
Assets Measured at Fair Value on a Non-Recurring Basis	Fair Value Measurements at March 31, 2018 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Impaired loans: Residential real estate: Owner occupied $ — $ — $ 3,269 $ 3,269 Nonowner occupied — — 1,339 1,339 Commercial real estate — — 1,342 1,342 Commercial & industrial — — 744 744 Home equity — — 308 308 Total impaired loans* $ — $ — $ 7,002 $ 7,002 Premises $ — $ — $ 2,896 $ 2,896 Fair Value Measurements at December 31, 2017 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Impaired loans: Residential real estate: Owner occupied $ — $ — $ 4,107 $ 4,107 Nonowner occupied — — 237 237 Commercial real estate — — 1,366 1,366 Home equity — — 393 393 Total impaired loans* $ — $ — $ 6,103 $ 6,103 Other real estate owned: Residential real estate $ — $ — $ 83 $ 83 Total other real estate owned $ — $ — $ 83 $ 83 Premises $ — $ — $ 3,017 $ 3,017 * The difference between the carrying value and the fair value of impaired loans measured at fair value is reconciled in a subsequent table of this Footnote.
Impaired collateral dependent loans classified with Level 3 fair value hierarchy	(in thousands) March 31, 2018 December 31, 2017 Carrying amount of loans measured at fair value $ 6,293 $ 5,358 Estimated selling costs considered in carrying amount 725 752 Valuation allowance (16) (7) Total fair value $ 7,002 $ 6,103
Provisions for loss on collateral dependent impaired loans	Three Months Ended March 31, (in thousands) 2018 2017 Provisions on collateral-dependent, impaired loans $ 429 $ 8
Other Real Estate Owned	(in thousands) March 31, 2018 December 31, 2017 Other real estate owned carried at fair value $ — $ 83 Other real estate owned carried at cost 160 32 Total carrying value of other real estate owned $ 160 $ 115 Three Months Ended March 31, (in thousands) 2018 2017 Other real estate owned write-downs during the period $ — $ 70
Schedule of Impairment charges on premises and equipment	Three Months Ended March 31, (in thousands) 2018 2017 Impairment charges on premises $ 104 $ 58
Carrying Amount and Estimated Fair Values of Financial Instruments	Fair Value Measurements at March 31, 2018: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 362,122 $ 362,122 $ — $ — $ 362,122 Available-for-sale debt securities 417,983 — 409,963 8,020 417,983 Held-to-maturity debt securities 62,844 — 63,515 — 63,515 Equity securities with readily determinable fair values 2,746 2,418 328 — 2,746 Mortgage loans held for sale, at fair value 4,496 — 4,496 — 4,496 Consumer loans held for sale, at fair value 2,419 — — 2,419 2,419 Consumer loans held for sale, at the lower of cost or fair value 7,380 — 7,380 — 7,380 Loans, net 4,000,159 — — 3,978,974 3,978,974 Federal Home Loan Bank stock 32,067 — — — NA Accrued interest receivable 11,772 — 11,772 — 11,772 Liabilities: Noninterest-bearing deposits $ 1,241,127 — $ 1,241,127 — $ 1,241,127 Transaction deposits 2,098,796 — 2,098,796 — 2,098,796 Time deposits 377,700 — 373,075 — 373,075 Securities sold under agreements to repurchase and other short-term borrowings 175,682 — 175,682 — 175,682 Federal Home Loan Bank advances 440,000 — 432,140 — 432,140 Subordinated note 41,240 — 32,352 — 32,352 Accrued interest payable 1,041 — 1,041 — 1,041 NA - Not applicable Fair Value Measurements at December 31, 2017: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 299,351 $ 299,351 $ — $ — $ 299,351 Available-for-sale debt securities 524,303 — 516,727 8,049 524,303 Held-to-maturity debt securities 64,227 — 65,133 — 65,133 Equity securities with readily determinable fair values 2,928 2,455 473 — 2,928 Mortgage loans held for sale, at fair value 5,761 — 5,761 — 5,761 Consumer loans held for sale, at fair value 2,677 — — 2,677 2,677 Consumer loans held for sale, at the lower of cost or fair value 8,551 — 8,551 — 8,551 Loans, net 3,971,265 — — 3,938,998 3,938,998 Federal Home Loan Bank stock 32,067 — — — NA Accrued interest receivable 12,082 — 12,082 — 12,082 Liabilities: Noninterest-bearing deposits $ 1,022,042 — $ 1,022,042 — $ 1,022,042 Transaction deposits 2,049,493 — 2,049,493 — 2,049,493 Time deposits 361,623 — 358,627 — 358,627 Securities sold under agreements to repurchase and other short-term borrowings 204,021 — 204,021 — 204,021 Federal Home Loan Bank advances 737,500 — 730,712 — 730,712 Subordinated note 41,240 — 31,763 — 31,763 Accrued interest payable 1,100 — 1,100 — 1,100 NA - Not applicable
Nonrecurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Range Fair Valuation Unobservable (Weighted March 31, 2018 (dollars in thousands) Value Technique Inputs Average) Impaired loans - residential real estate owner occupied $ 3,269 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 54% (12%) Impaired loans - residential real estate nonowner occupied $ 1,339 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 27% (13%) Impaired loans - commercial real estate $ 79 Sales comparison approach Adjustments determined for differences between comparable sales 21% (21%) Impaired loans - commercial real estate $ 1,263 Income approach Adjustments for differences between net operating income expectations 17% (17%) Impaired loans - commercial & industrial $ 744 Sales comparison approach Adjustments determined for differences between comparable sales 3% (3%) Impaired loans - home equity $ 308 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 22% (14%) Premises $ 2,896 Sales comparison approach Adjustments determined for differences between comparable sales 8% - 68% (24%) Range Fair Valuation Unobservable (Weighted December 31, 2017 (dollars in thousands) Value Technique Inputs Average) Impaired loans - residential real estate owner occupied $ 4,107 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 54% (10%) Impaired loans - residential real estate nonowner occupied $ 237 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 8% (5%) Impaired loans - commercial real estate $ 79 Sales comparison approach Adjustments determined for differences between comparable sales 21% (21%) Impaired loans - commercial real estate $ 1,287 Income approach Adjustments for differences between net operating income expectations 17% (17%) Impaired loans - home equity $ 393 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 23% (15%) Other real estate owned - residential real estate $ 83 Sales comparison approach Adjustments determined for differences between comparable sales 86% (86%) Premises $ 3,017 Sales comparison approach Adjustments determined for differences between comparable sales 4% - 67% (21%)
Mortgage loans held for sale
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) March 31, 2018 December 31, 2017 Aggregate fair value $ 4,496 $ 5,761 Contractual balance 4,412 5,668 Unrealized gain 84 93
Schedule of gains and losses from changes in fair value included in earnings	Three Months Ended March 31, (in thousands) 2018 2017 Interest income $ 72 $ 67 Change in fair value (9) (7) Total included in earnings $ 63 $ 60
Consumer Loans Held For Sale
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) March 31, 2018 December 31, 2017 Aggregate fair value $ 2,419 $ 2,677 Contractual balance 2,291 2,535 Unrealized gain 128 142
Schedule of gains and losses from changes in fair value included in earnings	Three Months Ended March 31, (in thousands) 2018 2017 Interest income $ 176 $ 186 Change in fair value (14) 82 Total included in earnings $ 162 $ 268
Consumer Loans Held For Sale | Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Fair Valuation March 31, 2018 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 2,419 Contractual Terms (1) Net Premium 0.9% (2) Discounted Sales 5.0% Fair Valuation December 31, 2017 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 2,677 Contractual Terms (1) Net Premium 0.9% (2) Discounted Sales 5.0%
Private label mortgage backed security
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 4,449 $ 4,777 Total gains or losses included in earnings: Net change in unrealized gain (2) 53 Recovery of actual losses previously recorded 38 — Principal paydowns (365) (148) Balance, end of period $ 4,120 $ 4,682
Private label mortgage backed security | Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Fair Valuation March 31, 2018 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage backed security $ 4,120 Discounted cash flow (1) Constant prepayment rate 5.0% - 6.5% (2) Probability of default 1.8% - 8.0% (3) Loss severity 50% - 85% Fair Valuation December 31, 2017 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage backed security $ 4,449 Discounted cash flow (1) Constant prepayment rate 3.5% - 6.5% (2) Probability of default 1.8% - 8.0% (3) Loss severity 60% - 85%
Trust preferred security
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 3,600 $ 3,200 Total gains or losses included in earnings: Discount accretion 10 11 Net change in unrealized gain 290 (11) Balance, end of period $ 3,900 $ 3,200

MORTGAGE BANKING ACTIVITIES (Ta

MORTGAGE BANKING ACTIVITIES (Tables)	3 Months Ended
	Mar. 31, 2018
MORTGAGE BANKING ACTIVITIES
Activity for Mortgage Loans Held for Sale, at fair value	Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 5,761 $ 11,662 Origination of mortgage loans held for sale 29,410 33,245 Proceeds from the sale of mortgage loans held for sale (31,452) (40,691) Net gain on sale of mortgage loans held for sale 777 977 Balance, end of period $ 4,496 $ 5,193
Components of Mortgage Banking Income	Three Months Ended March 31, (in thousands) 2018 2017 Net gain realized on sale of mortgage loans held for sale $ 597 $ 788 Net change in fair value recognized on loans held for sale (9) (7) Net change in fair value recognized on rate lock loan commitments 133 319 Net change in fair value recognized on forward contracts 56 (123) Net gain recognized 777 977 Loan servicing income 605 536 Amortization of mortgage servicing rights (362) (353) Net servicing income recognized 243 183 Total Mortgage Banking income $ 1,020 $ 1,160
Activity for capitalized mortgage servicing rights	Three Months Ended March 31, (in thousands) 2018 2017 Balance, beginning of period $ 5,044 $ 5,180 Additions 243 331 Amortized to expense (362) (353) Balance, end of period $ 4,925 $ 5,158
Other information relating to mortgage servicing rights	(in thousands) March 31, 2018 December 31, 2017 Fair value of mortgage servicing rights portfolio $ 8,841 $ 7,984 Monthly weighted average prepayment rate of unpaid principal balance* 176 % 200 % Discount rate 10 % 10 % Weighted average default rate 4.08 % 3.75 % Weighted average life in years * Rates are applied to individual tranches with similar characteristics.
Schedule of notional amounts and fair values of mortgage loans held for sale at fair value and mortgage banking derivatives	March 31, 2018 December 31, 2017 Notional Notional (in thousands) Amount Fair Value Amount Fair Value Included in Mortgage loans held for sale: Mortgage loans held for sale, at fair value $ 4,412 $ 4,496 $ 5,668 $ 5,761 Included in other assets: Rate lock loan commitments $ 21,663 $ 443 $ 14,696 $ 310 Mandatory forward contracts 21,604 47 — — Included in other liabilities: Mandatory forward contracts $ — $ — $ 17,159 $ 9

INTEREST RATE SWAPS (Tables)

INTEREST RATE SWAPS (Tables)	3 Months Ended
	Mar. 31, 2018
INTEREST RATE SWAPS
Summary of swaps designated as cash flow hedges	March 31, 2018 December 31, 2017 Unrealized Unrealized Notional Pay Receive Assets / Gain (Loss) Assets / Gain (Loss) (dollars in thousands) Amount Rate Rate Term (Liabilities) AOCI (Liabilities) in AOCI Interest rate swap on money market deposits $ 10,000 2.17 % 1M LIBOR 12/2013 - 12/2020 $ 67 $ 53 $ (60) $ (25) Interest rate swap on FHLB advance 10,000 2.33 % 3M LIBOR 12/2013 - 12/2020 67 53 (31) (48) $ 20,000 $ 134 $ 106 $ (91) $ (73)
Schedule of interest expense recorded on swap transactions in the consolidated statements of income	Three Months Ended March 31, (in thousands) 2018 2017 Interest rate swap on money market deposits $ 14 $ 34 Interest rate swap on FHLB advance 12 32 Total interest expense on swap transactions $ 26 $ 66
Summary of net gains recorded in AOCI and the consolidated statements of income relating to the swaps	Three Months Ended March 31, (in thousands) 2018 2017 Gains recognized in OCI on derivative (effective portion) $ 199 $ 28 Losses reclassified from OCI on derivative (effective portion) (26) (66) Gains (losses) recognized in income on derivative (ineffective portion) — —
Summary of interest rate swaps related to clients	March 31, 2018 December 31, 2017 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients Pay variable/receive fixed $ 61,115 $ (1,360) $ 61,419 $ 84 Offsetting interest rate swaps with institutional swap dealer Pay fixed/receive variable 61,115 1,360 61,419 (84) Total $ 122,230 $ — $ 122,838 $ —

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2018
EARNINGS PER SHARE
Earnings Per Share and Diluted Earnings Per Share	Three Months Ended March 31, (in thousands, except per share data) 2018 2017 Net income $ 27,469 $ 20,017 Dividends declared on Common Stock: Class A Shares (4,517) (3,891) Class B Shares (494) (427) Undistributed net income for basic earnings per share 22,458 15,699 Weighted average potential dividends on Class A shares upon exercise of dilutive options (24) (17) Undistributed net income for diluted earnings per share $ 22,434 $ 15,682 Weighted average shares outstanding: Class A Shares 18,677 18,671 Class B Shares 2,243 2,244 Effect of dilutive securities on Class A Shares outstanding 98 81 Weighted average shares outstanding including dilutive securities 21,018 20,996 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.24 $ 0.21 Undistributed earnings per share* 1.08 0.76 Total basic earnings per share - Class A Common Stock $ 1.32 $ 0.97 Class B Common Stock Per share dividends distributed $ 0.22 $ 0.19 Undistributed earnings per share* 0.99 0.69 Total basic earnings per share - Class B Common Stock $ 1.21 $ 0.88 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.24 $ 0.21 Undistributed earnings per share* 1.08 0.75 Total diluted earnings per share - Class A Common Stock $ 1.32 $ 0.96 Class B Common Stock: Per share dividends distributed $ 0.22 $ 0.19 Undistributed earnings per share* 0.98 0.69 Total diluted earnings per share - Class B Common Stock $ 1.20 $ 0.88 *To arrive at undistributed earnings per share, undistributed net income is first pro rated between Class A and Class B Common Shares, with Class A Common Shares receiving a 10% premium. The resulting pro-rated, undistributed net income for each class is then divided by the weighted average shares for each class.
Stock Option	Three Months Ended March 31, 2018 2017 Antidilutive stock options 4,500 — Average antidilutive stock options 4,500 —

STOCK PLANS AND STOCK BASED C38

STOCK PLANS AND STOCK BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2018
STOCK PLANS AND STOCK BASED COMPENSATION
Summary of stock option activity	Weighted Weighted Average Options Average Remaining Aggregate Class A Exercise Contractual Intrinsic Shares Price Term Value Outstanding, January 1, 2017 312,600 $ 24.49 Granted 4,500 35.54 Exercised (3,500) 19.63 Forfeited or expired (18,600) 24.99 Outstanding, December 31, 2017 295,000 $ 24.68 2.86 $ 3,935,010 Outstanding, January 1, 2018 295,000 $ 24.68 Granted — — Exercised — — Forfeited or expired — — Outstanding, March 31, 2018 295,000 $ 24.68 2.61 $ 4,017,610 Unvested 295,000 $ 24.68 2.61 $ 4,017,610 Exercisable (vested) at March 31, 2018 — $ — — $ —
Schedule of intrinsic value and cash received from options exercised and weighted average fair value of options granted	Three Months Ended March 31, (in thousands, except per share data) 2018 2017 Intrinsic value of options exercised $ — $ 44 Cash received from options exercised, net of shares redeemed — 33 Weighted-average fair value per share of options granted NA NA NA - Not applicable
Summary of activity for non-vested restricted stock awards	Restricted Stock Awards Weighted-Average Class A Shares Grant Date Fair Value Outstanding, January 1, 2017 77,000 $ 20.02 Granted 7,413 35.77 Forfeited (750) 19.85 Earned and issued (42,053) 21.66 Outstanding, December 31, 2017 41,610 $ 21.18 Outstanding, January 1, 2018 41,610 $ 21.18 Granted 36,000 38.32 Forfeited — — Earned and issued — — Outstanding, March 31, 2018 77,610 $ 29.13 Unvested 77,610 $ 29.13
Summary of PSU activity	Performance Stock Units Weighted-Average Class A Shares Grant Date Fair Value Outstanding, January 1, 2017 55,000 $ 23.13 Granted — — Forfeited (6,500) 23.48 Earned and issued — — Outstanding, December 31, 2017 48,500 $ 23.08 Outstanding, January 1, 2018 48,500 $ 23.08 Granted — — Forfeited — — Earned and issued — — Outstanding, March 31, 2018 48,500 $ 23.08 Unvested 48,500 $ 23.08
Schedule of expenses recorded related to stock options and restricted stock awards	Three Months Ended March 31, (in thousands) 2018 2017 Stock option expense $ 62 $ 63 Restricted stock award expense 64 215 Performance stock unit expense 26 132 Total expense $ 152 $ 410
Schedule of estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)	Stock Restricted Performance Year Ended (in thousands) Options Stock Awards Stock Units Total 2018 $ 182 $ 380 $ 79 $ 641 2019 139 261 — 400 2020 35 261 — 296 2021 5 261 — 266 2022 1 237 — 238 2023 and beyond — 135 — 135 Total $ 362 $ 1,535 $ 79 $ 1,976

INCOME TAXES (Tables)

INCOME TAXES (Tables)	3 Months Ended
	Mar. 31, 2018
INCOME TAXES
Schedule of effective tax rate that differs from that computed at the federal statutory rate	Three Months Ended March 31, (in thousands) 2018 2017 Federal statutory rate times financial statement income 21.00 % 35.00 % Effect of: State taxes, net of federal benefit 1.95 0.26 General business tax credits (0.41) — Nontaxable income (0.71) (1.05) Other, net (0.52) (0.78) Effective tax rate 21.31 33.43

OTHER COMPREHENSIVE INCOME (Tab

OTHER COMPREHENSIVE INCOME (Tables)	3 Months Ended
	Mar. 31, 2018
OTHER COMPREHENSIVE INCOME
Summary of OCI components and related tax effects	Three Months Ended March 31, (in thousands) 2018 2017 Available-for-Sale Debt Securities: Change in unrealized gain (loss) on available-for-sale debt securities (2018), debt and equity securities (2017) $ (2,117) $ 706 Adjustment for adoption of ASU 2016-01 (428) — Change in unrealized gain on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings (2) 53 Net unrealized (losses) gains (2,547) 759 Tax effect 535 (266) Net of tax (2,012) 493 Cash Flow Hedges: Change in fair value of derivatives used for cash flow hedges 199 28 Reclassification amount for derivative losses realized in income 26 66 Net unrealized gains 225 94 Tax effect (46) (33) Net of tax 179 61 Total other comprehensive (loss) income components, net of tax $ (1,833) $ 554
Summary of amounts reclassified out of each component of AOCI	Amounts Reclassified From Accumulated Other Comprehensive (Loss) Income Affected Line Items Three Months Ended in the Consolidated March 31, (in thousands) Statements of Income 2018 2017 Cash Flow Hedges: Interest rate swap on money market deposits Interest expense on deposits $ (14) $ (34) Interest rate swap on FHLB advance Interest expense on FHLB advances (12) (32) Total derivative losses on cash flow hedges Total interest expense (26) (66) Tax effect Income tax expense 9 23 Net of tax Net income $ (17) $ (43)
Summary of the AOCI balances, net of tax	2018 (in thousands) December 31, 2017 Change March 31, 2018 Unrealized loss on available-for-sale debt securities and reclassification of equity securities $ (604) $ (2,011) $ (2,615) Unrealized gain (loss) on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings 1,093 (1) 1,092 Unrealized gain (loss) on cash flow hedges (73) 179 106 Total unrealized gain (loss) $ 416 $ (1,833) $ (1,417) 2017 (in thousands) December 31, 2016 Change March 31, 2017 Unrealized gain on available-for-sale debt and equity securities $ 237 $ 459 $ 696 Unrealized gain on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings 706 34 740 Unrealized gain (loss) on cash flow hedges (256) 61 (195) Total unrealized gain $ 687 $ 554 $ 1,241

REVENUE FROM CONTRACTS WITH C41

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	3 Months Ended
	Mar. 31, 2018
REVENUE FROM CONTRACTS WITH CUSTOMERS
Schedule of net revenues by reportable segments	Three Months Ended March 31, 2018 Core Banking Republic Processing Group ("RPG") Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income(1) $ 38,188 $ 3,591 $ 72 $ 41,851 $ 18,686 $ 7,128 $ 25,814 $ 67,665 Noninterest income: Service charges on deposit accounts 3,547 8 — 3,555 — — — 3,555 Net refund transfer fees — — — — 16,352 — 16,352 16,352 Mortgage banking income(1) — — 1,020 1,020 — — — 1,020 Interchange fee income 2,538 — — 2,538 109 20 129 2,667 Program fees(1) — — — — 59 1,637 1,696 1,696 Increase in cash surrender value of BOLI(1) 371 — — 371 — — — 371 Net gains (losses) on OREO 132 — — 132 — — — 132 Other 414 — 38 452 1,001 299 1,300 1,752 Total noninterest income 7,002 8 1,058 8,068 17,521 1,956 19,477 27,545 Total net revenue $ 45,190 $ 3,599 $ 1,130 $ 49,919 $ 36,207 $ 9,084 $ 45,291 $ 95,210 Net-revenue concentration(2) 47 % 4 % 1 % 52 % 38 % 10 % 48 % 100 % Three Months Ended March 31, 2017 Core Banking Republic Processing Group ("RPG") Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income(1) $ 32,661 $ 3,900 $ 67 $ 36,628 $ 14,962 $ 4,848 $ 19,810 $ 56,438 Noninterest income: Service charges on deposit accounts 3,280 6 — 3,286 (39) — (39) 3,247 Net refund transfer fees — — — — 15,382 — 15,382 15,382 Mortgage banking income(1) — — 1,160 1,160 — — — 1,160 Interchange fee income 2,217 — — 2,217 97 12 109 2,326 Program fees(1) — — — — (17) 1,108 1,091 1,091 Increase in cash surrender value of BOLI(1) 391 — — 391 — — — 391 Net gains (losses) on OREO 142 — — 142 — — — 142 Other 489 — 12 501 10 673 683 1,184 Total noninterest income 6,519 6 1,172 7,697 15,433 1,793 17,226 24,923 Total net revenue $ 39,180 $ 3,906 $ 1,239 $ 44,325 $ 30,395 $ 6,641 $ 37,036 $ 81,361 Net-revenue concentration(2) 48 % 5 % 2 % 55 % 37 % 8 % 45 % 100 % (1) This revenue is not subject to ASU 2014-09, Revenue from Contracts with Customers. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2018
SEGMENT INFORMATION
Segment Information	Three Months Ended March 31, 2018 Core Banking Republic Processing Group ("RPG") Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income $ 38,188 $ 3,591 $ 72 $ 41,851 $ 18,686 $ 7,128 $ 25,814 $ 67,665 Provision for loan and lease losses 939 21 — 960 13,389 2,906 16,295 17,255 Net refund transfer fees — — — — 16,352 — 16,352 16,352 Mortgage banking income — — 1,020 1,020 — — — 1,020 Program fees — — — — 59 1,637 1,696 1,696 Other noninterest income 7,002 8 38 7,048 1,110 319 1,429 8,477 Total noninterest income 7,002 8 1,058 8,068 17,521 1,956 19,477 27,545 Total noninterest expense 33,392 839 1,204 35,435 6,525 1,085 7,610 43,045 Income (loss) before income tax expense 10,859 2,739 (74) 13,524 16,293 5,093 21,386 34,910 Total income tax expense (benefit) 1,772 627 (16) 2,383 3,854 1,204 5,058 7,441 Net income (loss) $ 9,087 $ 2,112 $ (58) $ 11,141 $ 12,439 $ 3,889 $ 16,328 $ 27,469 Period-end total assets $ 4,344,341 $ 534,545 $ 9,864 $ 4,888,750 $ 129,395 $ 60,189 $ 189,584 $ 5,078,334 Net interest margin 3.59 % 3.21 % NM 3.55 % NM NM NM 5.50 % Net-revenue concentration* 47 % 4 % 1 % 52 % 38 % 10 % 48 % 100 % Three Months Ended March 31, 2017 Core Banking Republic Processing Group ("RPG") Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income $ 32,661 $ 3,900 $ 67 $ 36,628 $ 14,962 $ 4,848 $ 19,810 $ 56,438 Provision for loan and lease losses 467 (226) — 241 8,341 3,769 12,110 12,351 Net refund transfer fees — — — — 15,382 — 15,382 15,382 Mortgage banking income — — 1,160 1,160 — — — 1,160 Program fees — — — — (17) 1,108 1,091 1,091 Other noninterest income 6,519 6 12 6,537 68 685 753 7,290 Total noninterest income 6,519 6 1,172 7,697 15,433 1,793 17,226 24,923 Total noninterest expense 30,088 777 1,214 32,079 6,069 791 6,860 38,939 Income before income tax expense 8,625 3,355 25 12,005 15,985 2,081 18,066 30,071 Income tax expense 2,262 1,227 9 3,498 5,801 755 6,556 10,054 Net income $ 6,363 $ 2,128 $ 16 $ 8,507 $ 10,184 $ 1,326 $ 11,510 $ 20,017 Period-end total assets $ 4,017,173 $ 493,127 $ 15,080 $ 4,525,380 $ 108,858 $ 30,554 $ 139,412 $ 4,664,792 Net interest margin 3.30 % 3.57 % NM 3.33 % NM NM NM 4.99 % Net-revenue concentration* 48 % 5 % 2 % 55 % 37 % 8 % 45 % 100 % *Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

BASIS OF PRESENTATION AND SUM43

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - OPERATIONS (Details)	3 Months Ended
	Mar. 31, 2018segmentitem
Basis of Presentation
Number of reportable segments | segment	5
Number of banking centers	45
Number of loan production offices	1
Kentucky
Basis of Presentation
Number of banking centers	33
Metropolitan Louisville
Basis of Presentation
Number of banking centers	18
Central Kentucky
Basis of Presentation
Number of banking centers	9
Elizabethtown
Basis of Presentation
Number of banking centers	1
Frankfort
Basis of Presentation
Number of banking centers	1
Georgetown
Basis of Presentation
Number of banking centers	1
Lexington
Basis of Presentation
Number of banking centers	5
Shelbyville
Basis of Presentation
Number of banking centers	1
Western Kentucky
Basis of Presentation
Number of banking centers	2
Owensboro
Basis of Presentation
Number of banking centers	2
Northern Kentucky
Basis of Presentation
Number of banking centers	3
Covington
Basis of Presentation
Number of banking centers	1
Crestview Hills
Basis of Presentation
Number of banking centers	1
Florence
Basis of Presentation
Number of banking centers	1
Independence
Basis of Presentation
Number of banking centers	1
Southern Indiana
Basis of Presentation
Number of banking centers	3
Floyds Knobs
Basis of Presentation
Number of banking centers	1
Jeffersonville
Basis of Presentation
Number of banking centers	1
New Albany
Basis of Presentation
Number of banking centers	1
Metropolitan Tampa, Florida
Basis of Presentation
Number of banking centers	6
Metropolitan Cincinnati, Ohio
Basis of Presentation
Number of banking centers	1
Metropolitan Nashville, Tennessee
Basis of Presentation
Number of banking centers	3
Core Banking Activities
Basis of Presentation
Number of reportable segments | segment	3
Core Banking Activities | Minimum
Basis of Presentation
Period of loan expected to remain in warehouse line	15 days
Core Banking Activities | Maximum
Basis of Presentation
Period of loan expected to remain in warehouse line	30 days
Republic Processing Group
Basis of Presentation
Number of reportable segments | segment	2

BASIS OF PRESENTATION AND SUM44

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - SEGMENTS (Details) $ in Thousands	2 Months Ended		3 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Mar. 31, 2018USD ($)item
Republic Credit Solutions
Basis of Presentation
Minimum maturity of unsecured, small dollar consumer loans			30 days
Republic Credit Solutions | Line of credit
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)			90.00%
Interest retained (as a percent)			10.00%
Consumer loans held for sale period			2 days
Republic Credit Solutions | Credit card
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)			90.00%
Interest retained (as a percent)			10.00%
Consumer loans held for sale period			2 days
Republic Credit Solutions | Healthcare receivables
Basis of Presentation
Number of third party relationship | item			2
Interest retained - Third party relationship one (as a percent)			100.00%
Interest retained - Third party relationship two (as a percent)			100.00%
Percentage of loan receivable held for sale - Third party relationship two (as a percent)			100.00%
Consumer loans held for sale period			1 month
Republic Credit Solutions | Installment loan
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)			100.00%
Consumer loans held for sale period			21 days
Tax Refund Solutions | Easy Advances
Basis of Presentation
Amount of credit risk associated with refund transfers			$ 0
Period Easy Advance tax credit product offered	2 months	2 months	2 months
Fee charged			$ 0
EA's repayment term			21 days
Maximum repayment period before Easy Advances considered delinquent			21 days
Duration of unpaid EA's write off			111 days

BASIS OF PRESENTATION AND SUM45

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - ASUs (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Accounting Pronouncements
Assets	$ 5,078,334	$ 5,085,362	$ 4,664,792
Liabilities	4,425,080	$ 4,452,938
Accounting Standards Update 2016-02 | Proforma Adjustment
Accounting Pronouncements
Assets	30,000
Liabilities	$ 30,000

INVESTMENT SECURITIES - AFS (De

INVESTMENT SECURITIES - AFS (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Available-for-Sale Debt Securities
Amortized Cost	$ 419,911	$ 524,112
Gross Unrealized Gains	3,428	3,590
Gross Unrealized Losses	(5,356)	(3,399)
Fair Value	417,983	524,303
U.S. Treasury securities and U.S. Government agencies
Available-for-Sale Debt Securities
Amortized Cost	219,157	309,042
Gross Unrealized Gains		1
Gross Unrealized Losses	(2,156)	(1,451)
Fair Value	217,001	307,592
Private label mortgage backed security
Available-for-Sale Debt Securities
Amortized Cost	2,738	3,065
Gross Unrealized Gains	1,382	1,384
Fair Value	4,120	4,449
Mortgage backed securities - residential
Available-for-Sale Debt Securities
Amortized Cost	100,439	105,644
Gross Unrealized Gains	1,370	1,603
Gross Unrealized Losses	(1,571)	(873)
Fair Value	100,238	106,374
Collateralized mortgage obligations
Available-for-Sale Debt Securities
Amortized Cost	84,074	87,867
Gross Unrealized Gains	279	371
Gross Unrealized Losses	(1,608)	(1,075)
Fair Value	82,745	87,163
Corporate bonds
Available-for-Sale Debt Securities
Amortized Cost	10,000	15,001
Gross Unrealized Gains		124
Gross Unrealized Losses	(21)
Fair Value	9,979	15,125
Trust preferred security
Available-for-Sale Debt Securities
Amortized Cost	3,503	3,493
Gross Unrealized Gains	397	107
Fair Value	$ 3,900	$ 3,600

INVESTMENT SECURITIES - HTM (De

INVESTMENT SECURITIES - HTM (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Held-to-Maturity Debt Securities
Carrying Value	$ 62,844	$ 64,227
Gross Unrecognized Gains	700	932
Total Unrecognized Losses	(29)	(26)
Total securities	$ 63,515	$ 65,133
Maximum percentage of holdings of securities of any one issuer, other than the U.S. Government and its agencies	10.00%	10.00%
Mortgage backed securities - residential
Held-to-Maturity Debt Securities
Carrying Value	$ 150	$ 151
Gross Unrecognized Gains	10	10
Total securities	160	161
Collateralized mortgage obligations
Held-to-Maturity Debt Securities
Carrying Value	22,062	23,437
Gross Unrecognized Gains	285	236
Total Unrecognized Losses	(16)	(17)
Total securities	22,331	23,656
Corporate bonds
Held-to-Maturity Debt Securities
Carrying Value	40,168	40,175
Gross Unrecognized Gains	405	686
Total Unrecognized Losses		(3)
Total securities	40,573	40,858
Obligations of state and political subdivisions
Held-to-Maturity Debt Securities
Carrying Value	464	464
Total Unrecognized Losses	(13)	(6)
Total securities	$ 451	$ 458

INVESTMENT SECURITIES - SALES O

INVESTMENT SECURITIES - SALES OF AFS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
INVESTMENT SECURITIES
Net gains (losses) on securities available for sale	$ 0	$ 0

INVESTMENT SECURITIES - AMORTIZ

INVESTMENT SECURITIES - AMORTIZED COST AND FV (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Securities available for Sale - Amortized Cost
Due in one year or less	$ 80,069
Due from one year to five years	139,088
Due from five years to ten years	10,000
Due beyond ten years	3,503
Amortized Cost	419,911	$ 524,112
Securities available for Sale - Fair Value
Due in one year or less	79,732
Due from one year to five years	137,270
Due from five years to ten years	9,978
Due beyond ten years	3,900
Total securities	417,983	524,303
Securities held to maturity - Carrying Value
Due from one year to five years	10,441
Due from five years to ten years	30,191
Total securities	62,844	64,227
Securities held to maturity - Fair Value
Due from one year to five years	10,473
Due from five years to ten years	30,551
Total securities	63,515	65,133
Private label mortgage backed security
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	2,738
Amortized Cost	2,738	3,065
Securities available for Sale - Fair Value
Securities not due at a single maturity date	4,120
Total securities	4,120	4,449
Mortgage backed securities - residential
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	100,439
Amortized Cost	100,439	105,644
Securities available for Sale - Fair Value
Securities not due at a single maturity date	100,238
Total securities	100,238	106,374
Securities held to maturity - Carrying Value
Securities not due at a single maturity date	150
Total securities	150	151
Securities held to maturity - Fair Value
Securities not due at a single maturity date	160
Total securities	160	161
Collateralized mortgage obligations
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	84,074
Amortized Cost	84,074	87,867
Securities available for Sale - Fair Value
Securities not due at a single maturity date	82,745
Total securities	82,745	87,163
Securities held to maturity - Carrying Value
Securities not due at a single maturity date	22,062
Total securities	22,062	23,437
Securities held to maturity - Fair Value
Securities not due at a single maturity date	22,331
Total securities	22,331	23,656
Corporate bonds
Securities available for Sale - Amortized Cost
Amortized Cost	10,000	15,001
Securities available for Sale - Fair Value
Total securities	9,979	15,125
Securities held to maturity - Carrying Value
Total securities	40,168	40,175
Securities held to maturity - Fair Value
Total securities	$ 40,573	$ 40,858
Percentage of concentration risk	10.00%	9.00%

INVESTMENT SECURITIES - TRUST P

INVESTMENT SECURITIES - TRUST PREFERRED SECURITY (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2015
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Amount of floating rate purchased	$ 69,940	$ 54,390
Private label mortgage backed security
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Securities not due at a single maturity date	4,120
Mortgage backed securities and CMOs
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Gross unrealized losses on available for sale securities	$ 3,200		$ 1,900
Trust preferred security
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Amount of floating rate purchased				$ 3,000
Price as percentage of face value				68.00%
3 Month London Interbank Offered Rate (LIBOR) | Trust preferred security
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Interest rate - Basis Spread				1.59%

INVESTMENT SECURITIES - INVESTM

INVESTMENT SECURITIES - INVESTMENT CATEGORY (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Available-for-sale debt securities
Less than 12 months Fair Value	$ 197,306	$ 301,476
Less than 12 months Unrealized Losses	(3,134)	(1,758)
12 months or more Fair Value	120,761	117,210
12 months or more Unrealized Losses	(2,222)	(1,641)
Total Fair Value	318,067	418,686
Total Unrealized Losses	$ (5,356)	$ (3,399)
Number of securities held	182	185
Number of securities held in an unrealized loss position	58	58
Held-to-maturity debt securities
Less than 12 months Fair Value	$ 451	$ 5,455
Less than 12 months Unrealized Losses	(13)	(9)
12 months or more Fair Value	6,128	6,390
12 months or more Unrealized Losses	(16)	(17)
Total Fair Value	6,579	11,845
Total Unrealized Losses	(29)	(26)
U.S. Treasury securities and U.S. Government agencies
Available-for-sale debt securities
Less than 12 months Fair Value	98,699	209,165
Less than 12 months Unrealized Losses	(1,011)	(499)
12 months or more Fair Value	88,303	88,415
12 months or more Unrealized Losses	(1,145)	(952)
Total Fair Value	187,002	297,580
Total Unrealized Losses	(2,156)	(1,451)
Mortgage backed securities - residential
Available-for-sale debt securities
Less than 12 months Fair Value	58,202	61,348
Less than 12 months Unrealized Losses	(1,238)	(617)
12 months or more Fair Value	9,377	10,192
12 months or more Unrealized Losses	(333)	(256)
Total Fair Value	67,579	71,540
Total Unrealized Losses	(1,571)	(873)
Collateralized mortgage obligations
Available-for-sale debt securities
Less than 12 months Fair Value	30,426	30,963
Less than 12 months Unrealized Losses	(864)	(642)
12 months or more Fair Value	23,081	18,603
12 months or more Unrealized Losses	(744)	(433)
Total Fair Value	53,507	49,566
Total Unrealized Losses	(1,608)	(1,075)
Held-to-maturity debt securities
12 months or more Fair Value	6,128	6,390
12 months or more Unrealized Losses	(16)	(17)
Total Fair Value	6,128	6,390
Total Unrealized Losses	(16)	(17)
Corporate bonds
Available-for-sale debt securities
Less than 12 months Fair Value	9,979
Less than 12 months Unrealized Losses	(21)
Total Fair Value	9,979
Total Unrealized Losses	(21)
Held-to-maturity debt securities
Less than 12 months Fair Value		4,997
Less than 12 months Unrealized Losses		(3)
Total Fair Value		4,997
Total Unrealized Losses		(3)
Obligations of state and political subdivisions
Held-to-maturity debt securities
Less than 12 months Fair Value	451	458
Less than 12 months Unrealized Losses	(13)	(6)
Total Fair Value	451	458
Total Unrealized Losses	$ (13)	$ (6)

INVESTMENT SECURITIES - ROLLFOR

INVESTMENT SECURITIES - ROLLFORWARD OF CREDIT LOSSES (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Bank's private label mortgage backed security credit losses recognized in earnings
Available-for-sale Securities, Debt Securities	$ 417,983	$ 524,303
Number of securities held	182	185
Private label mortgage backed security
Bank's private label mortgage backed security credit losses recognized in earnings
Available-for-sale Securities, Debt Securities	$ 4,120	$ 4,449
Number of securities held	1

INVESTMENT SECURITIES - PLEDGED

INVESTMENT SECURITIES - PLEDGED DEBT SECURITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
INVESTMENT SECURITIES
Carrying value	$ 257,934	$ 262,679
Fair value	$ 258,250	$ 262,902

INVESTMENT SECURITIES - EQUITY

INVESTMENT SECURITIES - EQUITY SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Equity securities
Amortized Cost	$ 2,500	$ 2,500
Gross Unrealized Gains	328	473
Gross Unrealized Losses	(82)	(45)
Fair Value	2,746	2,928
Gains (Losses) Recognized on Equity securities, Unrealized	(182)
Gains (Losses) Recognized on Equity securities, Total	(182)
Freddie Mac preferred stock
Equity securities
Gross Unrealized Gains	328	473
Fair Value	328	473
Gains (Losses) Recognized on Equity securities, Unrealized	(145)
Gains (Losses) Recognized on Equity securities, Total	(145)
Community Reinvestment Act mutual fund
Equity securities
Amortized Cost	2,500	2,500
Gross Unrealized Losses	(82)	(45)
Fair Value	2,418	$ 2,455
Gains (Losses) Recognized on Equity securities, Unrealized	(37)
Gains (Losses) Recognized on Equity securities, Total	$ (37)

LOANS HELD FOR SALE (Details)

LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Carried at fair value
Balance, beginning of period	$ 2,677	$ 2,198
Origination of consumer loans held for sale	10,439	12,238
Proceeds from the sale of consumer loans held for sale	(10,760)	(10,783)
Net gain on sale of consumer loans held for sale	63	26
Balance, end of period	2,419	3,679
Carried at lower of cost or fair value
Balance, beginning of period	8,551	1,310
Origination of consumer loans held for sale	154,057	114,686
Proceeds from the sale of consumer loans held for sale	(156,802)	(115,658)
Net gain on sale of consumer loans held for sale	1,574	1,082
Balance, end of period	$ 7,380	$ 1,420
Republic Credit Solutions | Installment loan
Loans held for sale
Percentage of loan receivable held for sale (as a percent)	100.00%
Consumer loans held for sale period	21 days
Republic Credit Solutions | Line of credit and credit card
Loans held for sale
Percentage of loan receivable held for sale (as a percent)	90.00%
Consumer loans held for sale period	2 days
Interest retained (as a percent)	10.00%

LOANS AND ALLOWANCE FOR LOAN 56

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - COMPOSITION OF LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Loans disclosures
Total loans	$ 4,052,500	$ 4,014,034
Allowance for loan and lease losses	(52,341)	(42,769)	$ (42,362)	$ (32,920)
Loans, net	4,000,159	3,971,265
Core Banking Activities
Loans disclosures
Total loans	3,974,304	3,935,498
Allowance for loan and lease losses	(30,566)	(30,147)	(27,990)	(27,928)
Traditional Banking
Loans disclosures
Total loans	3,440,345	3,409,926
Allowance for loan and lease losses	(29,231)	(28,833)	(26,752)	(26,464)
Republic Processing Group
Loans disclosures
Total loans	78,196	78,536
Allowance for loan and lease losses	(21,775)	(12,622)	(14,372)	(4,992)
Residential Real Estate - Owner Occupied | Traditional Banking
Loans disclosures
Total loans	912,415	921,565
Allowance for loan and lease losses	(5,988)	(6,182)	(7,071)	(7,158)
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking
Loans disclosures
Total loans	111,263	116,792
Allowance for loan and lease losses	(278)	(292)	(353)	(373)
Residential Real Estate - Non Owner Occupied | Traditional Banking
Loans disclosures
Total loans	216,095	205,081
Allowance for loan and lease losses	(1,461)	(1,396)	(1,198)	(1,139)
Commercial Real Estate | Traditional Banking
Loans disclosures
Total loans	1,216,592	1,207,293
Allowance for loan and lease losses	(9,460)	(9,043)	(7,898)	(8,078)
Construction & land development | Traditional Banking
Loans disclosures
Total loans	160,391	150,065
Allowance for loan and lease losses	(2,720)	(2,364)	(2,233)	(1,850)
Commercial & industrial | Traditional Banking
Loans disclosures
Total loans	355,316	341,692
Allowance for loan and lease losses	(2,247)	(2,198)	(1,488)	(1,511)
Lease Financing Receivables | Traditional Banking
Loans disclosures
Total loans	15,751	16,580
Allowance for loan and lease losses	(165)	(174)	(145)	(136)
Home equity lines of credit | Traditional Banking
Loans disclosures
Total loans	342,217	347,655
Allowance for loan and lease losses	(3,669)	(3,754)	(3,831)	(3,757)
Consumer: Credit cards | Traditional Banking
Loans disclosures
Total loans	16,677	16,078
Allowance for loan and lease losses	(756)	(607)	(506)	(490)
Consumer: Overdrafts | Traditional Banking
Loans disclosures
Total loans	791	974
Allowance for loan and lease losses	(791)	(974)	(641)	(675)
Consumer: Automobile loan | Traditional Banking
Loans disclosures
Total loans	65,281	65,650
Allowance for loan and lease losses	(706)	(687)	(563)	(526)
Other consumer | Traditional Banking
Loans disclosures
Total loans	27,556	20,501
Allowance for loan and lease losses	(990)	(1,162)	(825)	(771)
Warehouse lines of credit | Core Banking Activities
Loans disclosures
Total loans	533,959	525,572
Allowance for loan and lease losses	(1,335)	(1,314)	(1,238)	(1,464)
Easy Advances | Republic Processing Group
Loans disclosures
Total loans	15,601
Allowance for loan and lease losses	(9,572)		(7,741)
Other TRS loans | Republic Processing Group
Loans disclosures
Total loans	192	11,648
Allowance for loan and lease losses	(125)	(12)		(25)
Republic Credit Solutions | Republic Processing Group
Loans disclosures
Total loans	62,403	66,888
Allowance for loan and lease losses	$ (12,078)	$ (12,610)	$ (6,631)	$ (4,967)

LOANS AND ALLOWANCE FOR LOAN 57

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES
Contractually receivable	$ 4,052,694	$ 4,014,673
Unearned income	(1,219)	(1,157)
Unamortized premiums	914	1,069
Unaccreted discounts	(4,251)	(4,643)
Net unamortized deferred origination fees and costs	4,362	4,092
Carrying value of loans	$ 4,052,500	$ 4,014,034

LOANS AND ALLOWANCE FOR LOAN 58

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - PCI RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Dec. 31, 2017
Disclosures on loans acquired
Contractually receivable			$ 4,052,694	$ 4,014,673
Carrying value of loans			4,052,500	4,014,034
PCI loan
Disclosures on loans acquired
Contractually receivable			5,319	5,435
Non-accretable amount			(1,691)	(1,691)
Accretable amount	$ (140)	$ (3,600)	(140)	(140)
Carrying value of loans			$ 3,488	$ 3,604
Rollforward of the accretable discount on PCI loans
Balance at the beginning of the period	(140)	(3,600)
Transfers between non-accretable and accretable	0	90
Net accretion into interest income on loans, including loan fees	0	101
Balance at the end of the period	$ (140)	$ (3,409)

LOANS AND ALLOWANCE FOR LOAN 59

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - RISK CATEGORY (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Risk category of rated loans
Loans	$ 4,052,500	$ 4,014,034
Pass
Risk category of rated loans
Loans	2,269,715	2,241,808
Special Mention
Risk category of rated loans
Loans	23,130	23,813
Substandard
Risk category of rated loans
Loans	24,634	21,202
Purchased Credit Impaired Loans - Group 1
Risk category of rated loans
Loans	1,774	1,833
Purchased Credit Impaired Loans - Substandard
Risk category of rated loans
Loans	1,714	1,771
Rated Loans
Risk category of rated loans
Loans	2,320,967	2,290,427
Core Banking Activities
Risk category of rated loans
Loans	3,974,304	3,935,498
Core Banking Activities | Warehouse lines of credit
Risk category of rated loans
Loans	533,959	525,572
Core Banking Activities | Pass
Risk category of rated loans
Loans	2,269,715	2,230,160
Core Banking Activities | Pass | Warehouse lines of credit
Risk category of rated loans
Loans	533,959	525,572
Core Banking Activities | Special Mention
Risk category of rated loans
Loans	23,130	23,813
Core Banking Activities | Substandard
Risk category of rated loans
Loans	23,328	20,136
Core Banking Activities | Purchased Credit Impaired Loans - Group 1
Risk category of rated loans
Loans	1,774	1,833
Core Banking Activities | Purchased Credit Impaired Loans - Substandard
Risk category of rated loans
Loans	1,714	1,771
Core Banking Activities | Rated Loans
Risk category of rated loans
Loans	2,319,661	2,277,713
Core Banking Activities | Rated Loans | Warehouse lines of credit
Risk category of rated loans
Loans	533,959	525,572
Traditional Banking
Risk category of rated loans
Loans	3,440,345	3,409,926
Traditional Banking | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	912,415	921,565
Traditional Banking | Residential Real Estate - Owner Occupied - Correspondent
Risk category of rated loans
Loans	111,263	116,792
Traditional Banking | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	216,095	205,081
Traditional Banking | Commercial Real Estate
Risk category of rated loans
Loans	1,216,592	1,207,293
Traditional Banking | Construction & land development
Risk category of rated loans
Loans	160,391	150,065
Traditional Banking | Commercial & industrial
Risk category of rated loans
Loans	355,316	341,692
Traditional Banking | Lease Financing Receivables
Risk category of rated loans
Loans	15,751	16,580
Traditional Banking | Home equity lines of credit
Risk category of rated loans
Loans	342,217	347,655
Traditional Banking | Consumer: Credit cards
Risk category of rated loans
Loans	16,677	16,078
Traditional Banking | Consumer: Overdrafts
Risk category of rated loans
Loans	791	974
Traditional Banking | Consumer: Automobile loan
Risk category of rated loans
Loans	65,281	65,650
Traditional Banking | Other consumer
Risk category of rated loans
Loans	27,556	20,501
Traditional Banking | Pass
Risk category of rated loans
Loans	1,735,756	1,704,588
Traditional Banking | Pass | Commercial Real Estate
Risk category of rated loans
Loans	1,205,748	1,197,299
Traditional Banking | Pass | Construction & land development
Risk category of rated loans
Loans	159,780	149,332
Traditional Banking | Pass | Commercial & industrial
Risk category of rated loans
Loans	354,477	341,377
Traditional Banking | Pass | Lease Financing Receivables
Risk category of rated loans
Loans	15,751	16,580
Traditional Banking | Special Mention
Risk category of rated loans
Loans	23,130	23,813
Traditional Banking | Special Mention | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	17,690	18,054
Traditional Banking | Special Mention | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	628	635
Traditional Banking | Special Mention | Commercial Real Estate
Risk category of rated loans
Loans	4,743	4,824
Traditional Banking | Special Mention | Commercial & industrial
Risk category of rated loans
Loans	36	267
Traditional Banking | Special Mention | Home equity lines of credit
Risk category of rated loans
Loans	33	33
Traditional Banking | Substandard
Risk category of rated loans
Loans	23,328	20,136
Traditional Banking | Substandard | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	12,395	12,056
Traditional Banking | Substandard | Residential Real Estate - Owner Occupied - Correspondent
Risk category of rated loans
Loans	383
Traditional Banking | Substandard | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	2,259	1,240
Traditional Banking | Substandard | Commercial Real Estate
Risk category of rated loans
Loans	4,765	3,798
Traditional Banking | Substandard | Construction & land development
Risk category of rated loans
Loans	611	733
Traditional Banking | Substandard | Commercial & industrial
Risk category of rated loans
Loans	791	21
Traditional Banking | Substandard | Home equity lines of credit
Risk category of rated loans
Loans	1,427	1,609
Traditional Banking | Substandard | Consumer: Automobile loan
Risk category of rated loans
Loans	141	108
Traditional Banking | Substandard | Other consumer
Risk category of rated loans
Loans	556	571
Traditional Banking | Purchased Credit Impaired Loans - Group 1
Risk category of rated loans
Loans	1,774	1,833
Traditional Banking | Purchased Credit Impaired Loans - Group 1 | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	176	180
Traditional Banking | Purchased Credit Impaired Loans - Group 1 | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	244	248
Traditional Banking | Purchased Credit Impaired Loans - Group 1 | Commercial Real Estate
Risk category of rated loans
Loans	1,336	1,372
Traditional Banking | Purchased Credit Impaired Loans - Group 1 | Commercial & industrial
Risk category of rated loans
Loans	12	27
Traditional Banking | Purchased Credit Impaired Loans - Group 1 | Home equity lines of credit
Risk category of rated loans
Loans	6	6
Traditional Banking | Purchased Credit Impaired Loans - Substandard
Risk category of rated loans
Loans	1,714	1,771
Traditional Banking | Purchased Credit Impaired Loans - Substandard | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	1,609	1,658
Traditional Banking | Purchased Credit Impaired Loans - Substandard | Home equity lines of credit
Risk category of rated loans
Loans	102	110
Traditional Banking | Purchased Credit Impaired Loans - Substandard | Other consumer
Risk category of rated loans
Loans	3	3
Traditional Banking | Rated Loans
Risk category of rated loans
Loans	1,785,702	1,752,141
Traditional Banking | Rated Loans | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	31,870	31,948
Traditional Banking | Rated Loans | Residential Real Estate - Owner Occupied - Correspondent
Risk category of rated loans
Loans	383
Traditional Banking | Rated Loans | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	3,131	2,123
Traditional Banking | Rated Loans | Commercial Real Estate
Risk category of rated loans
Loans	1,216,592	1,207,293
Traditional Banking | Rated Loans | Construction & land development
Risk category of rated loans
Loans	160,391	150,065
Traditional Banking | Rated Loans | Commercial & industrial
Risk category of rated loans
Loans	355,316	341,692
Traditional Banking | Rated Loans | Lease Financing Receivables
Risk category of rated loans
Loans	15,751	16,580
Traditional Banking | Rated Loans | Home equity lines of credit
Risk category of rated loans
Loans	1,568	1,758
Traditional Banking | Rated Loans | Consumer: Automobile loan
Risk category of rated loans
Loans	141	108
Traditional Banking | Rated Loans | Other consumer
Risk category of rated loans
Loans	559	574
Republic Processing Group
Risk category of rated loans
Loans	78,196	78,536
Republic Processing Group | Easy Advances
Risk category of rated loans
Loans	15,601
Republic Processing Group | Other TRS loans
Risk category of rated loans
Loans	192	11,648
Republic Processing Group | Republic Credit Solutions
Risk category of rated loans
Loans	62,403	66,888
Republic Processing Group | Pass
Risk category of rated loans
Loans		11,648
Republic Processing Group | Pass | Other TRS loans
Risk category of rated loans
Loans		11,648
Republic Processing Group | Substandard
Risk category of rated loans
Loans	1,306	1,066
Republic Processing Group | Substandard | Republic Credit Solutions
Risk category of rated loans
Loans	1,306	1,066
Republic Processing Group | Rated Loans
Risk category of rated loans
Loans	1,306	12,714
Republic Processing Group | Rated Loans | Other TRS loans
Risk category of rated loans
Loans		11,648
Republic Processing Group | Rated Loans | Republic Credit Solutions
Risk category of rated loans
Loans	$ 1,306	$ 1,066

LOANS AND ALLOWANCE FOR LOAN 60

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE ACTIVITY (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Allowance for loan losses rollforward
Beginning Balance	$ 42,769	$ 32,920
Provision for loan and lease losses	17,255	12,351
Charged-off	(8,347)	(3,604)
Recoveries	664	695
Ending Balance	52,341	42,362
Core Banking Activities
Allowance for loan losses rollforward
Beginning Balance	30,147	27,928
Provision for loan and lease losses	960	241
Charged-off	(946)	(459)
Recoveries	405	280
Ending Balance	30,566	27,990
Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	28,833	26,464
Provision for loan and lease losses	939	467
Charged-off	(946)	(459)
Recoveries	405	280
Ending Balance	29,231	26,752
Warehouse Lending
Allowance for loan losses rollforward
Provision for loan and lease losses	21	(226)
Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	12,622	4,992
Provision for loan and lease losses	16,295	12,110
Charged-off	(7,401)	(3,145)
Recoveries	259	415
Ending Balance	21,775	14,372
Residential Real Estate - Owner Occupied | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	6,182	7,158
Provision for loan and lease losses		(143)
Charged-off	(215)	(3)
Recoveries	21	59
Ending Balance	5,988	7,071
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	292	373
Provision for loan and lease losses	(14)	(9)
Charged-off		(11)
Ending Balance	278	353
Residential Real Estate - Non Owner Occupied | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	1,396	1,139
Provision for loan and lease losses	165	59
Charged-off	(121)
Recoveries	21
Ending Balance	1,461	1,198
Commercial Real Estate | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	9,043	8,078
Provision for loan and lease losses	292	(197)
Recoveries	125	17
Ending Balance	9,460	7,898
Construction & land development | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	2,364	1,850
Provision for loan and lease losses	354	383
Recoveries	2
Ending Balance	2,720	2,233
Commercial & industrial | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	2,198	1,511
Provision for loan and lease losses	126	(44)
Charged-off	(108)
Recoveries	31	21
Ending Balance	2,247	1,488
Lease Financing Receivables | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	174	136
Provision for loan and lease losses	(9)	9
Ending Balance	165	145
Home equity lines of credit | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	3,754	3,757
Provision for loan and lease losses	(111)	69
Charged-off		(4)
Recoveries	26	9
Ending Balance	3,669	3,831
Consumer: Credit cards | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	607	490
Provision for loan and lease losses	235	38
Charged-off	(93)	(27)
Recoveries	7	5
Ending Balance	756	506
Consumer: Overdrafts | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	974	675
Provision for loan and lease losses	17	83
Charged-off	(289)	(184)
Recoveries	89	67
Ending Balance	791	641
Consumer: Automobile loan | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	687	526
Provision for loan and lease losses	19	36
Recoveries		1
Ending Balance	706	563
Other consumer | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	1,162	771
Provision for loan and lease losses	(135)	183
Charged-off	(120)	(230)
Recoveries	83	101
Ending Balance	990	825
Warehouse lines of credit | Core Banking Activities
Allowance for loan losses rollforward
Beginning Balance	1,314	1,464
Provision for loan and lease losses	21	(226)
Ending Balance	1,335	1,238
Easy Advances | Republic Processing Group
Allowance for loan losses rollforward
Provision for loan and lease losses	13,277	8,601
Charged-off	(3,705)	(860)
Ending Balance	9,572	7,741
Other TRS loans | Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	12	25
Provision for loan and lease losses	112	(260)
Recoveries	1	235
Ending Balance	125
Republic Credit Solutions | Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	12,610	4,967
Provision for loan and lease losses	2,906	3,769
Charged-off	(3,696)	(2,285)
Recoveries	258	180
Ending Balance	$ 12,078	$ 6,631

LOANS AND ALLOWANCE FOR LOAN 61

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - NON-PERFORMING LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 14,849	$ 14,118
Loans past due 90 days or more and still on accrual	1,279	956
Total nonperforming loans	16,128	15,074
Other real estate owned	160	115
Total nonperforming assets	$ 16,288	$ 15,189
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.40%	0.38%
Nonperforming assets to total loans (including OREO) (as percent)	0.40%	0.38%
Nonperforming assets to total assets (as percent)	0.32%	0.30%
Core Banking Activities
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 14,849	$ 14,118
Loans past due 90 days or more and still on accrual	$ 27	$ 19
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.37%	0.36%
Nonperforming assets to total loans (including OREO) (as percent)	0.38%	0.36%
Nonperforming assets to total assets (as percent)	0.31%	0.28%

LOANS AND ALLOWANCE FOR LOAN 62

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - AGING (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)item	Dec. 31, 2017USD ($)
Aging or recorded investments in loans
Nonaccrual Loan	$ 14,849	$ 14,118
Loans Past Due 90 Days or More and Still Accruing Interest	$ 1,279	956
Number of consecutive months payments received before non-accrual loans returned to accrual status (in months) | item	6
Core Banking Activities
Aging or recorded investments in loans
Nonaccrual Loan	$ 14,849	14,118
Loans Past Due 90 Days or More and Still Accruing Interest	27	19
Traditional Banking
Aging or recorded investments in loans
Nonaccrual Loan	14,849	14,118
Loans Past Due 90 Days or More and Still Accruing Interest	27	19
Traditional Banking | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Nonaccrual Loan	8,952	9,230
Traditional Banking | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Nonaccrual Loan	758	257
Traditional Banking | Commercial Real Estate
Aging or recorded investments in loans
Nonaccrual Loan	3,351	3,247
Traditional Banking | Construction & land development
Aging or recorded investments in loans
Nonaccrual Loan	62	67
Traditional Banking | Commercial & industrial
Aging or recorded investments in loans
Nonaccrual Loan	706
Traditional Banking | Home equity lines of credit
Aging or recorded investments in loans
Nonaccrual Loan	929	1,217
Traditional Banking | Consumer: Credit cards
Aging or recorded investments in loans
Loans Past Due 90 Days or More and Still Accruing Interest	1
Traditional Banking | Consumer: Automobile loan
Aging or recorded investments in loans
Nonaccrual Loan	65	68
Traditional Banking | Other consumer
Aging or recorded investments in loans
Nonaccrual Loan	26	32
Loans Past Due 90 Days or More and Still Accruing Interest	26	19
Republic Processing Group
Aging or recorded investments in loans
Loans Past Due 90 Days or More and Still Accruing Interest	1,252	937
Republic Processing Group | Republic Credit Solutions
Aging or recorded investments in loans
Loans Past Due 90 Days or More and Still Accruing Interest	$ 1,252	$ 937

LOANS AND ALLOWANCE FOR LOAN 63

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - DELINQUENT LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Aging or recorded investments in loans
Total Loans Delinquent	$ 25,833	$ 14,101
Total Loans Not Delinquent	4,026,667	3,999,933
Carrying value of loans	$ 4,052,500	$ 4,014,034
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.64%	0.35%
30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 18,828	$ 7,833
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.46%	0.20%
60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 2,674	$ 2,353
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.07%	0.06%
90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 4,331	$ 3,915
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.11%	0.10%
Core Banking Activities
Aging or recorded investments in loans
Total Loans Delinquent	$ 8,303	$ 8,460
Total Loans Not Delinquent	3,966,001	3,927,038
Carrying value of loans	3,974,304	3,935,498
Core Banking Activities | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	3,178	4,202
Core Banking Activities | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,046	1,280
Core Banking Activities | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	3,079	2,978
Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	8,303	8,460
Total Loans Not Delinquent	3,432,042	3,401,466
Carrying value of loans	3,440,345	3,409,926
Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	3,178	4,202
Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,046	1,280
Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	3,079	2,978
Republic Processing Group
Aging or recorded investments in loans
Total Loans Delinquent	17,530	5,641
Total Loans Not Delinquent	60,666	72,895
Carrying value of loans	78,196	78,536
Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	15,650	3,631
Republic Processing Group | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	628	1,073
Republic Processing Group | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,252	937
Residential Real Estate - Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	3,495	4,782
Total Loans Not Delinquent	908,920	916,783
Carrying value of loans	912,415	921,565
Residential Real Estate - Owner Occupied | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,191	2,559
Residential Real Estate - Owner Occupied | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	960	1,166
Residential Real Estate - Owner Occupied | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,344	1,057
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	383
Total Loans Not Delinquent	110,880	116,792
Carrying value of loans	111,263	116,792
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	383
Residential Real Estate - Non Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	744	146
Total Loans Not Delinquent	215,351	204,935
Carrying value of loans	216,095	205,081
Residential Real Estate - Non Owner Occupied | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	645	47
Residential Real Estate - Non Owner Occupied | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	99	99
Commercial Real Estate | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	2,290	1,727
Total Loans Not Delinquent	1,214,302	1,205,566
Carrying value of loans	1,216,592	1,207,293
Commercial Real Estate | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	80	398
Commercial Real Estate | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	811
Commercial Real Estate | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,399	1,329
Construction & land development | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent		67
Total Loans Not Delinquent	160,391	149,998
Carrying value of loans	160,391	150,065
Construction & land development | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		67
Commercial & industrial | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	139	15
Total Loans Not Delinquent	355,177	341,677
Carrying value of loans	355,316	341,692
Commercial & industrial | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	124	15
Commercial & industrial | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	15
Lease Financing Receivables | Traditional Banking
Aging or recorded investments in loans
Total Loans Not Delinquent	15,751	16,580
Carrying value of loans	15,751	16,580
Home equity lines of credit | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	847	1,221
Total Loans Not Delinquent	341,370	346,434
Carrying value of loans	342,217	347,655
Home equity lines of credit | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	481	723
Home equity lines of credit | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	179	50
Home equity lines of credit | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	187	448
Consumer: Credit cards | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	67	74
Total Loans Not Delinquent	16,610	16,004
Carrying value of loans	16,677	16,078
Consumer: Credit cards | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	37	34
Consumer: Credit cards | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	29	40
Consumer: Credit cards | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1
Consumer: Overdrafts | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	177	233
Total Loans Not Delinquent	614	741
Carrying value of loans	791	974
Consumer: Overdrafts | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	176	230
Consumer: Overdrafts | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1	3
Consumer: Automobile loan | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	44	60
Total Loans Not Delinquent	65,237	65,590
Carrying value of loans	65,281	65,650
Consumer: Automobile loan | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		36
Consumer: Automobile loan | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	21
Consumer: Automobile loan | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	23	24
Other consumer | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	117	135
Total Loans Not Delinquent	27,439	20,366
Carrying value of loans	27,556	20,501
Other consumer | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	61	93
Other consumer | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	30	21
Other consumer | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	26	21
Warehouse lines of credit | Core Banking Activities
Aging or recorded investments in loans
Total Loans Not Delinquent	533,959	525,572
Carrying value of loans	533,959	525,572
Easy Advances | Republic Processing Group
Aging or recorded investments in loans
Total Loans Delinquent	13,163
Total Loans Not Delinquent	2,438
Carrying value of loans	15,601
Easy Advances | Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	13,163
Other TRS loans | Republic Processing Group
Aging or recorded investments in loans
Total Loans Not Delinquent	192	11,648
Carrying value of loans	192	11,648
Republic Credit Solutions | Republic Processing Group
Aging or recorded investments in loans
Total Loans Delinquent	4,367	5,641
Total Loans Not Delinquent	58,036	61,247
Carrying value of loans	62,403	66,888
Republic Credit Solutions | Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,487	3,631
Republic Credit Solutions | Republic Processing Group | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	628	1,073
Republic Credit Solutions | Republic Processing Group | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 1,252	$ 937

LOANS AND ALLOWANCE FOR LOAN 64

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - IMPAIRED LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Impaired loans
Loans with no allocated Allowance	$ 19,992	$ 18,540
Loans with allocated Allowance	27,935	27,076
Total recorded investment in impaired loans	47,927	45,616
Amount of the allocated Allowance	4,579	4,685
PCI loan
Impaired loans
Total recorded investment in impaired loans	3,000	4,000
Impaired Loans
Impaired loans
Total recorded investment in impaired loans	$ 2,000	$ 2,000

LOANS AND ALLOWANCE FOR LOAN 65

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - PORTFOLIO CLASS (Details) $ in Thousands	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 4,143	$ 4,201
Collectively evaluated for impairment	47,762	38,084
PCI loans with post acquisition impairment	436	484
Total ending allowance for loan losses	52,341	42,769	$ 42,362	$ 32,920
Impaired loans individually evaluated, excluding PCI loans	44,453	42,043
Loans collectively evaluated for impairment	4,004,559	3,968,387
PCI loans with post acquisition impairment	3,474	3,573
PCI loans without post acquisition impairment	14	31
Carrying value of loans	$ 4,052,500	$ 4,014,034
Allowance to Total Loans	1.29	1.07
Core Banking Activities
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 4,122	$ 4,152
Collectively evaluated for impairment	26,008	25,511
PCI loans with post acquisition impairment	436	484
Total ending allowance for loan losses	30,566	30,147	27,990	27,928
Impaired loans individually evaluated, excluding PCI loans	44,399	41,914
Loans collectively evaluated for impairment	3,926,417	3,889,980
PCI loans with post acquisition impairment	3,474	3,573
PCI loans without post acquisition impairment	14	31
Carrying value of loans	$ 3,974,304	$ 3,935,498
Allowance to Total Loans	0.77	0.77
Core Banking Activities | Warehouse lines of credit
Allowance for loans losses
Collectively evaluated for impairment	$ 1,335	$ 1,314
Total ending allowance for loan losses	1,335	1,314	1,238	1,464
Loans collectively evaluated for impairment	533,959	525,572
Carrying value of loans	$ 533,959	$ 525,572
Allowance to Total Loans	0.25	0.25
Traditional Banking
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 4,122	$ 4,152
Collectively evaluated for impairment	24,673	24,197
PCI loans with post acquisition impairment	436	484
Total ending allowance for loan losses	29,231	28,833	26,752	26,464
Impaired loans individually evaluated, excluding PCI loans	44,399	41,914
Loans collectively evaluated for impairment	3,392,458	3,364,408
PCI loans with post acquisition impairment	3,474	3,573
PCI loans without post acquisition impairment	14	31
Carrying value of loans	$ 3,440,345	$ 3,409,926
Allowance to Total Loans	0.85	0.85
Traditional Banking | Residential Real Estate - Owner Occupied
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 2,280	$ 2,361
Collectively evaluated for impairment	3,430	3,501
PCI loans with post acquisition impairment	278	320
Total ending allowance for loan losses	5,988	6,182	7,071	7,158
Impaired loans individually evaluated, excluding PCI loans	27,610	27,605
Loans collectively evaluated for impairment	883,020	892,122
PCI loans with post acquisition impairment	1,785	1,838
Carrying value of loans	$ 912,415	$ 921,565
Allowance to Total Loans	0.66	0.67
Traditional Banking | Residential Real Estate - Owner Occupied - Correspondent
Allowance for loans losses
Collectively evaluated for impairment	$ 278	$ 292
Total ending allowance for loan losses	278	292	353	373
Impaired loans individually evaluated, excluding PCI loans	383
Loans collectively evaluated for impairment	110,880	116,792
Carrying value of loans	$ 111,263	$ 116,792
Allowance to Total Loans	0.25	0.25
Traditional Banking | Residential Real Estate - Non Owner Occupied
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 3	$ 4
Collectively evaluated for impairment	1,456	1,390
PCI loans with post acquisition impairment	2	2
Total ending allowance for loan losses	1,461	1,396	1,198	1,139
Impaired loans individually evaluated, excluding PCI loans	2,827	1,814
Loans collectively evaluated for impairment	213,024	203,019
PCI loans with post acquisition impairment	244	248
Carrying value of loans	$ 216,095	$ 205,081
Allowance to Total Loans	0.68	0.68
Traditional Banking | Commercial Real Estate
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 729	$ 407
Collectively evaluated for impairment	8,683	8,588
PCI loans with post acquisition impairment	48	48
Total ending allowance for loan losses	9,460	9,043	7,898	8,078
Impaired loans individually evaluated, excluding PCI loans	10,071	9,185
Loans collectively evaluated for impairment	1,205,185	1,196,736
PCI loans with post acquisition impairment	1,334	1,369
PCI loans without post acquisition impairment	2	3
Carrying value of loans	$ 1,216,592	$ 1,207,293
Allowance to Total Loans	0.78	0.75
Traditional Banking | Construction & land development
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 100	$ 107
Collectively evaluated for impairment	2,620	2,257
Total ending allowance for loan losses	2,720	2,364	2,233	1,850
Impaired loans individually evaluated, excluding PCI loans	611	733
Loans collectively evaluated for impairment	159,780	149,332
Carrying value of loans	$ 160,391	$ 150,065
Allowance to Total Loans	1.70	1.58
Traditional Banking | Commercial & industrial
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 88	$ 288
Collectively evaluated for impairment	2,159	1,910
Total ending allowance for loan losses	2,247	2,198	1,488	1,511
Impaired loans individually evaluated, excluding PCI loans	799	308
Loans collectively evaluated for impairment	354,505	341,357
PCI loans without post acquisition impairment	12	27
Carrying value of loans	$ 355,316	$ 341,692
Allowance to Total Loans	0.63	0.64
Traditional Banking | Lease Financing Receivables
Allowance for loans losses
Collectively evaluated for impairment	$ 165	$ 174
Total ending allowance for loan losses	165	174	145	136
Loans collectively evaluated for impairment	15,751	16,580
Carrying value of loans	$ 15,751	$ 16,580
Allowance to Total Loans	1.05	1.05
Traditional Banking | Home equity lines of credit
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 402	$ 425
Collectively evaluated for impairment	3,162	3,218
PCI loans with post acquisition impairment	105	111
Total ending allowance for loan losses	3,669	3,754	3,831	3,757
Impaired loans individually evaluated, excluding PCI loans	1,427	1,609
Loans collectively evaluated for impairment	340,682	345,930
PCI loans with post acquisition impairment	108	115
PCI loans without post acquisition impairment		1
Carrying value of loans	$ 342,217	$ 347,655
Allowance to Total Loans	1.07	1.08
Traditional Banking | Consumer: Credit cards
Allowance for loans losses
Collectively evaluated for impairment	$ 756	$ 607
Total ending allowance for loan losses	756	607	506	490
Loans collectively evaluated for impairment	16,677	16,078
Carrying value of loans	$ 16,677	$ 16,078
Allowance to Total Loans	4.53	3.78
Traditional Banking | Consumer: Overdrafts
Allowance for loans losses
Collectively evaluated for impairment	$ 791	$ 974
Total ending allowance for loan losses	791	974	641	675
Loans collectively evaluated for impairment	791	974
Carrying value of loans	$ 791	$ 974
Allowance to Total Loans	100	100
Traditional Banking | Consumer: Automobile loan
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 41	$ 32
Collectively evaluated for impairment	665	655
Total ending allowance for loan losses	706	687	563	526
Impaired loans individually evaluated, excluding PCI loans	141	108
Loans collectively evaluated for impairment	65,140	65,542
Carrying value of loans	$ 65,281	$ 65,650
Allowance to Total Loans	1.08	1.05
Traditional Banking | Other consumer
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 479	$ 528
Collectively evaluated for impairment	508	631
PCI loans with post acquisition impairment	3	3
Total ending allowance for loan losses	990	1,162	825	771
Impaired loans individually evaluated, excluding PCI loans	530	552
Loans collectively evaluated for impairment	27,023	19,946
PCI loans with post acquisition impairment	3	3
Carrying value of loans	$ 27,556	$ 20,501
Allowance to Total Loans	3.59	5.67
Republic Processing Group
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 21	$ 49
Collectively evaluated for impairment	21,754	12,573
Total ending allowance for loan losses	21,775	12,622	14,372	4,992
Impaired loans individually evaluated, excluding PCI loans	54	129
Loans collectively evaluated for impairment	78,142	78,407
Carrying value of loans	$ 78,196	$ 78,536
Allowance to Total Loans	27.85	16.07
Republic Processing Group | Easy Advances
Allowance for loans losses
Collectively evaluated for impairment	$ 9,572
Total ending allowance for loan losses	9,572		7,741
Loans collectively evaluated for impairment	15,601
Carrying value of loans	$ 15,601
Allowance to Total Loans	61.36
Republic Processing Group | Other TRS loans
Allowance for loans losses
Collectively evaluated for impairment	$ 125	$ 12
Total ending allowance for loan losses	125	12
Loans collectively evaluated for impairment	192	11,648
Carrying value of loans	$ 192	$ 11,648
Allowance to Total Loans	65.10	0.10
Republic Processing Group | Republic Credit Solutions
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 21	$ 49
Collectively evaluated for impairment	12,057	12,561
Total ending allowance for loan losses	12,078	12,610	$ 6,631	$ 4,967
Impaired loans individually evaluated, excluding PCI loans	54	129
Loans collectively evaluated for impairment	62,349	66,759
Carrying value of loans	$ 62,403	$ 66,888
Allowance to Total Loans	19.35	18.85

LOANS AND ALLOWANCE FOR LOAN 66

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS EVALUATED FOR IMPAIRMENT BY CLASS OF LOANS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Impaired loans with no allocated Allowance:
Recorded Investment	$ 19,992		$ 18,540
Impaired loans with allocated Allowance:
Recorded Investment	27,935		27,076
Allowance for Loan Losses Allocated	4,579		4,685
Total impaired loans
Unpaid Principal Balance	50,409		47,760
Recorded Investment	47,927		45,616
Allowance for Loan Losses Allocated	4,579		4,685
Average Recorded Investment	46,777	$ 50,832
Interest Income Recognized	367	337
Residential Real Estate - Owner Occupied
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	11,078		11,664
Recorded Investment	10,370		10,789
Average Recorded Investment	10,580	12,261
Interest Income Recognized	50	29
Impaired loans with allocated Allowance:
Unpaid Principal Balance	19,146		18,676
Recorded Investment	19,026		18,654
Allowance for Loan Losses Allocated	2,558		2,681
Average Recorded Investment	18,840	21,204
Interest Income Recognized	172	181
Total impaired loans
Allowance for Loan Losses Allocated	2,558		2,681
Residential Real Estate - Owner Occupied - Correspondent
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	383
Recorded Investment	383
Average Recorded Investment	192
Interest Income Recognized	4
Residential Real Estate - Non Owner Occupied
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	3,141		1,784
Recorded Investment	2,749		1,704
Average Recorded Investment	2,227	1,394
Interest Income Recognized	22	8
Impaired loans with allocated Allowance:
Unpaid Principal Balance	325		361
Recorded Investment	322		358
Allowance for Loan Losses Allocated	5		6
Average Recorded Investment	340	490
Interest Income Recognized	3	6
Total impaired loans
Allowance for Loan Losses Allocated	5		6
Commercial Real Estate
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	5,649		5,504
Recorded Investment	4,575		4,430
Average Recorded Investment	4,503	5,153
Interest Income Recognized	17	21
Impaired loans with allocated Allowance:
Unpaid Principal Balance	6,829		6,124
Recorded Investment	6,829		6,124
Allowance for Loan Losses Allocated	777		455
Average Recorded Investment	6,477	6,744
Interest Income Recognized	73	67
Total impaired loans
Allowance for Loan Losses Allocated	777		455
Construction & land development
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	476		591
Recorded Investment	476		591
Average Recorded Investment	534	476
Interest Income Recognized	5	5
Impaired loans with allocated Allowance:
Unpaid Principal Balance	135		142
Recorded Investment	135		142
Allowance for Loan Losses Allocated	100		107
Average Recorded Investment	139	401
Interest Income Recognized	1	5
Total impaired loans
Allowance for Loan Losses Allocated	100		107
Commercial & industrial
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	820		20
Recorded Investment	712		20
Average Recorded Investment	366	61
Interest Income Recognized	3	1
Impaired loans with allocated Allowance:
Unpaid Principal Balance	87		288
Recorded Investment	87		288
Allowance for Loan Losses Allocated	88		288
Average Recorded Investment	188	386
Interest Income Recognized	1
Total impaired loans
Allowance for Loan Losses Allocated	88		288
Home equity lines of credit
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	751		1,071
Recorded Investment	674		981
Average Recorded Investment	828	1,350
Interest Income Recognized	3	4
Impaired loans with allocated Allowance:
Unpaid Principal Balance	861		743
Recorded Investment	861		743
Allowance for Loan Losses Allocated	507		536
Average Recorded Investment	802	806
Interest Income Recognized	7	10
Total impaired loans
Allowance for Loan Losses Allocated	507		536
Consumer
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	53		25
Recorded Investment	53		25
Average Recorded Investment	39	43
Interest Income Recognized	1
Impaired loans with allocated Allowance:
Unpaid Principal Balance	675		767
Recorded Investment	675		767
Allowance for Loan Losses Allocated	544		612
Average Recorded Investment	722	$ 63
Interest Income Recognized	5
Total impaired loans
Allowance for Loan Losses Allocated	$ 544		$ 612

LOANS AND ALLOWANCE FOR LOAN 67

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - TDR ACCRUAL STATUS (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018USD ($)item	Dec. 31, 2017USD ($)item
Troubled Debt Restructurings disclosures
Number of Loans | item	1,094	1,097
Recorded Investment | $	$ 34,745	$ 34,637
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	242	245
Recorded Investment | $	$ 25,763	$ 25,115
Consumer
Troubled Debt Restructurings disclosures
Number of Loans | item	828	830
Recorded Investment | $	$ 485	$ 637
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	16	16
Recorded Investment | $	$ 7,861	$ 7,865
Construction & land development
Troubled Debt Restructurings disclosures
Number of Loans | item	3	4
Recorded Investment | $	$ 611	$ 733
Commercial & industrial
Troubled Debt Restructurings disclosures
Number of Loans | item	5	2
Recorded Investment | $	$ 25	$ 287
Loans on nonaccrual status
Troubled Debt Restructurings disclosures
Minimum period for which TDRs continue to be reported as non-performing loans	6 months
Number of Loans | item	65	65
Recorded Investment | $	$ 6,201	$ 6,359
Loans on nonaccrual status | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	62	62
Recorded Investment | $	$ 4,797	$ 4,926
Loans on nonaccrual status | Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	2	2
Recorded Investment | $	$ 1,342	$ 1,366
Loans on nonaccrual status | Construction & land development
Troubled Debt Restructurings disclosures
Number of Loans | item	1	1
Recorded Investment | $	$ 62	$ 67
Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | item	1,029	1,032
Recorded Investment | $	$ 28,544	$ 28,278
Accrual Loans | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	180	183
Recorded Investment | $	$ 20,966	$ 20,189
Accrual Loans | Consumer
Troubled Debt Restructurings disclosures
Number of Loans | item	828	830
Recorded Investment | $	$ 485	$ 637
Accrual Loans | Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	14	14
Recorded Investment | $	$ 6,519	$ 6,499
Accrual Loans | Construction & land development
Troubled Debt Restructurings disclosures
Number of Loans | item	2	3
Recorded Investment | $	$ 549	$ 666
Accrual Loans | Commercial & industrial
Troubled Debt Restructurings disclosures
Number of Loans | item	5	2
Recorded Investment | $	$ 25	$ 287

LOANS AND ALLOWANCE FOR LOAN 68

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - TDR MODIFICATIONS (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2018USD ($)item	Mar. 31, 2017USD ($)item	Dec. 31, 2017USD ($)item
Troubled Debt Restructurings disclosures
Number of Loans | item	1,094		1,097
Recorded Investment	$ 34,745,000		$ 34,637,000
Commitments to lend any additional material amounts to existing TDR relationships	$ 0		$ 0
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	242		245
Recorded Investment	$ 25,763,000		$ 25,115,000
Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | item	1		2
Recorded Investment	$ 4,000		$ 463,000
Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | item	178		179
Recorded Investment	$ 20,367,000		$ 20,698,000
Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	16		15
Recorded Investment	$ 3,249,000		$ 1,557,000
Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | item	47		49
Recorded Investment	$ 2,143,000		$ 2,397,000
Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | item	24		22
Recorded Investment	$ 8,497,000		$ 8,885,000
Commercial Real Estate and Commercial Construction | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | item	3		3
Recorded Investment	$ 808,000		$ 837,000
Commercial Real Estate and Commercial Construction | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | item	8		8
Recorded Investment	$ 3,203,000		$ 3,264,000
Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	13		11
Recorded Investment	$ 4,486,000		$ 4,784,000
Consumer and other | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	828		830
Recorded Investment	$ 485,000		$ 637,000
Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | item	7	3
Recorded Investment	$ 1,889,000	$ 197,000
Modified During The Period | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	3	3
Recorded Investment	$ 1,811,000	$ 197,000
Modified During The Period | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | item	1	1
Recorded Investment	$ 85,000	$ 159,000
Modified During The Period | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	2
Recorded Investment	$ 1,726,000
Modified During The Period | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | item		2
Recorded Investment		$ 38,000
Modified During The Period | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | item	3
Recorded Investment	$ 17,000
Modified During The Period | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	3
Recorded Investment	$ 17,000
Modified During The Period | Consumer and other | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	1
Recorded Investment	$ 61,000
Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | item	1,026		1,031
Recorded Investment	$ 28,438,000		$ 28,265,000
Percentage of troubled debt restructurings performing as per terms of modifications	82.00%		82.00%
Specific reserve allocations made to customers	$ 3,000,000		$ 4,000,000
Percentage of Bank's TDRs that occurred during period, which were performing according to their modified terms	67.00%	100.00%
Specific reserve allocations made to customers whose loan terms were modified in TDRs during period	$ 127,000	$ 29,000
Performing Financing Receivable | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	178		182
Recorded Investment	$ 20,873,000		$ 20,176,000
Performing Financing Receivable | Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | item	1		1
Recorded Investment	$ 4,000		$ 5,000
Performing Financing Receivable | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | item	144		147
Recorded Investment	$ 17,205,000		$ 17,617,000
Performing Financing Receivable | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	13		13
Recorded Investment	$ 2,610,000		$ 1,436,000
Performing Financing Receivable | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | item	20		21
Recorded Investment	$ 1,054,000		$ 1,118,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | item	20		19
Recorded Investment	$ 7,080,000		$ 7,452,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | item	3		3
Recorded Investment	$ 808,000		$ 837,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | item	7		7
Recorded Investment	$ 3,125,000		$ 3,185,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	10		9
Recorded Investment	$ 3,147,000		$ 3,430,000
Performing Financing Receivable | Consumer and other | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	828		830
Recorded Investment	$ 485,000		$ 637,000
Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | item	4	3
Recorded Investment	$ 1,268,000	$ 197,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	1	3
Recorded Investment	$ 1,204,000	$ 197,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | item		1
Recorded Investment		$ 159,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	1
Recorded Investment	$ 1,204,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | item		2
Recorded Investment		$ 38,000
Performing Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | item	2
Recorded Investment	$ 3,000
Performing Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	2
Recorded Investment	$ 3,000
Performing Financing Receivable | Modified During The Period | Consumer and other | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	1
Recorded Investment	$ 61,000
Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | item	68		66
Recorded Investment	$ 6,307,000		$ 6,372,000
Nonperforming Financing Receivable | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	64		63
Recorded Investment	$ 4,890,000		$ 4,939,000
Nonperforming Financing Receivable | Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | item			1
Recorded Investment			$ 458,000
Nonperforming Financing Receivable | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | item	34		32
Recorded Investment	$ 3,162,000		$ 3,081,000
Nonperforming Financing Receivable | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	3		2
Recorded Investment	$ 639,000		$ 121,000
Nonperforming Financing Receivable | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | item	27		28
Recorded Investment	$ 1,089,000		$ 1,279,000
Nonperforming Financing Receivable | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | item	4		3
Recorded Investment	$ 1,417,000		$ 1,433,000
Nonperforming Financing Receivable | Commercial Real Estate and Commercial Construction | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | item	1		1
Recorded Investment	$ 78,000		$ 79,000
Nonperforming Financing Receivable | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	3		2
Recorded Investment	$ 1,339,000		$ 1,354,000
Nonperforming Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | item	3
Recorded Investment	$ 621,000
Nonperforming Financing Receivable | Modified During The Period | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | item	2
Recorded Investment	$ 607,000
Nonperforming Financing Receivable | Modified During The Period | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | item	1
Recorded Investment	$ 85,000
Nonperforming Financing Receivable | Modified During The Period | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	1
Recorded Investment	$ 522,000
Nonperforming Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | item	1
Recorded Investment	$ 14,000
Nonperforming Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | item	1
Recorded Investment	$ 14,000

LOANS AND ALLOWANCE FOR LOAN 69

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - TDR MODIFIED CLASS (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	2
Recorded Investment with payment default | $	$ 536
Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	1
Recorded Investment with payment default | $	$ 522
Commercial & industrial
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	1
Recorded Investment with payment default | $	$ 14

LOANS AND ALLOWANCE FOR LOAN 70

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - FORECLOSED PROPERTIES (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 160	$ 115
Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 160	$ 115

LOANS AND ALLOWANCE FOR LOAN 71

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - FORECLOSURE RECORDED INVESTMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Recorded investment in residential and consumer loans based on payment activity
Loans and Leases Receivable Gross Carrying Amount	$ 4,052,500	$ 4,014,034
Residential Real Estate - Owner Occupied | Foreclosure Proceedings In Process
Recorded investment in residential and consumer loans based on payment activity
Loans and Leases Receivable Gross Carrying Amount	$ 1,113	$ 1,392

LOANS AND ALLOWANCE FOR LOAN 72

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - EASY ADVANCES (Details) - Tax Refund Solutions - Easy Advances - USD ($) $ in Thousands	2 Months Ended		3 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Mar. 31, 2018	Mar. 31, 2017
Period Easy Advance tax credit product offered	2 months	2 months	2 months
Easy Advances originated			$ 430,212	$ 328,519
Net Charge to the Provision for Easy Advances			$ 13,277	$ 8,601
Provision to total Easy Advances originated			3.09%	2.62%
Easy Advances net charged offs			$ 3,705	$ 860
Percentage of Easy Advances net charge-offs to Total Easy Advances Originated			0.86%	0.26%

DEPOSITS - Balances (Details)

DEPOSITS - Balances (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Deposit Liabilities
Total interest-bearing deposits	$ 2,476,496	$ 2,411,116
Total non interest-bearing deposits	1,241,127	1,022,042
Total deposits	3,717,623	3,433,158
Core Banking Activities
Deposit Liabilities
Demand	952,510	944,812
Savings	191,423	182,800
Time deposits, $250 and over	77,234	77,891
Other certificates of deposit	202,834	189,661
Total interest-bearing deposits	2,474,855	2,409,475
Total non interest-bearing deposits	1,065,902	988,537
Total deposits	3,540,757	3,398,012
Core Banking Activities | Brokered Deposits
Deposit Liabilities
Money market accounts	366,060	373,242
Brokered certificates of deposit	48,626	46,089
Core Banking Activities | Individual Deposits
Deposit Liabilities
Money market accounts	587,162	546,998
Individual retirement accounts	49,006	47,982
Republic Processing Group
Deposit Liabilities
Money market accounts	1,641	1,641
Total interest-bearing deposits	1,641	1,641
Other noninterest-bearing deposits	153,203	31,996
Total non interest-bearing deposits	175,225	33,505
Total deposits	176,866	35,146
Republic Processing Group | Brokered Deposits
Deposit Liabilities
Brokered prepaid cards deposits	$ 22,022	$ 1,509

SECURITIES SOLD UNDER AGREEME74

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Securities sold under agreements to repurchase
Outstanding balance at end of period	$ 175,682		$ 204,021
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase
Securities pledged more than repurchase agreements (as a percent)	2.00%
Outstanding balance at end of period	$ 175,682		$ 204,021
Weighted average interest rate at end of period (as a percent)	0.50%		0.31%
Fair Value of securities pledged	$ 226,211		$ 239,969
Average outstanding balance during the period	$ 257,439	$ 218,412
Average interest rate during the period (as a percent)	0.33%	0.05%
Maximum outstanding at any month end during the period	$ 215,281	$ 183,709
Securities sold under agreements to repurchase | U.S. Treasury securities and U.S. Government agencies
Securities sold under agreements to repurchase
Fair Value of securities pledged	118,274		71,824
Securities sold under agreements to repurchase | Mortgage backed securities - residential
Securities sold under agreements to repurchase
Fair Value of securities pledged	62,032		83,452
Securities sold under agreements to repurchase | Collateralized mortgage obligations
Securities sold under agreements to repurchase
Fair Value of securities pledged	$ 45,905		$ 84,693

FEDERAL HOME LOAN BANK ADVANC75

FEDERAL HOME LOAN BANK ADVANCES - FHLB ADVANCES (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
FHLB advances
Total FHLB advances	$ 440,000	$ 737,500
Additional collateralized advances available	641,000	378,000
Overnight advance
FHLB advances
Total FHLB advances	50,000	330,000
Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% due in December 2018
FHLB advances
Total FHLB advances	$ 10,000	$ 10,000
Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% due in December 2018 | London Interbank Offered Rate (LIBOR)
FHLB advances
Applicable margin (as a percent)	0.14%	0.14%
Fixed interest rate advances
FHLB advances
Total FHLB advances	$ 380,000	$ 397,500
Various other unsecured lines of credit
FHLB advances
Unsecured lines of credit	$ 125,000	$ 125,000

FEDERAL HOME LOAN BANK ADVANC76

FEDERAL HOME LOAN BANK ADVANCES - MATURITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
FEDERAL HOME LOAN BANK ADVANCES
2018 (Overnight)	$ 50,000
2018 (Term)	110,000
2,019	100,000
2,020	120,000
2,021	30,000
2,022	20,000
2,023	10,000
Total	$ 440,000	$ 737,500
Weighted Average Rate
2018 (Overnight)	1.72%
2018 (Term)	1.65%
2,019	1.80%
2,020	1.81%
2,021	1.93%
2,022	2.12%
2,023	2.14%
Total	1.79%

FEDERAL HOME LOAN BANK ADVANC77

FEDERAL HOME LOAN BANK ADVANCES - SHORT-TERM FHLB ADVANCES (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
FHLB advances
Federal Home Loan Bank advances	$ 440,000		$ 737,500
Interest rate (as percent)	1.79%
Federal Home Loan Bank overnight advances
FHLB advances
Federal Home Loan Bank advances	$ 50,000		$ 330,000
Average outstanding balance during the period	$ 144,889	$ 109,333
Average interest rate during the period (as percent)	1.44%	0.69%
Maximum outstanding at any month end during the period	$ 560,000	$ 320,000
Federal Home Loan Bank overnight advances | Weighted Average
FHLB advances
Interest rate (as percent)	1.72%		1.42%

FEDERAL HOME LOAN BANK ADVANC78

FEDERAL HOME LOAN BANK ADVANCES - LOANS PLEDGED (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
First lien, single family residential real estate
Real estate loans pledged to collateralize advances and letters of credit with the FHLB
Real estate loans pledged to collateralize advances and letters of credit with FHLB	$ 1,121,052	$ 1,123,402
Home equity lines of credit
Real estate loans pledged to collateralize advances and letters of credit with the FHLB
Real estate loans pledged to collateralize advances and letters of credit with FHLB	$ 317,751	$ 320,649

OFF BALANCE SHEET RISKS, COMM79

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017
Commitments and letters of credit
Loan commitment, line credit	$ 1,596,578	$ 1,513,860
Unused warehouse lines of credit
Commitments and letters of credit
Loan commitment, line credit	491,942	525,328
Unused home equity lines of credit
Commitments and letters of credit
Loan commitment, line credit	378,232	367,887
Unused loan commitments - other
Commitments and letters of credit
Loan commitment, line credit	703,759	598,002
Standby letters of credit
Commitments and letters of credit
Loan commitment, line credit	12,645	12,643
FHLB letters of credit
Commitments and letters of credit
Loan commitment, line credit	$ 10,000	$ 10,000

FAIR VALUE - RECURRING BASIS (D

FAIR VALUE - RECURRING BASIS (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018USD ($)item	Dec. 31, 2017USD ($)item	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Financial assets:
Available-for-sale debt securities	$ 417,983	$ 524,303
Mortgage loans held for sale, at fair value	4,496	5,761	$ 5,193	$ 11,662
Consumer loans held for sale	2,419	2,677	$ 3,679	$ 2,198
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	$ 2,746	$ 2,928
Mortgage Servicing Rights
Assets and Liabilities Measured on Recurring Basis
Number of tranches carried at fair value | item	0	0
U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities	$ 217,001	$ 307,592
Private label mortgage backed security
Financial assets:
Available-for-sale debt securities	4,120	4,449
Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities	100,238	106,374
Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities	82,745	87,163
Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	328	473
Community Reinvestment Act mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,418	2,455
Corporate bonds
Financial assets:
Available-for-sale debt securities	9,979	15,125
Trust preferred security
Financial assets:
Available-for-sale debt securities	3,900	3,600
Fair Value, Inputs, Level 1
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,418	2,455
Fair Value, Inputs, Level 2
Financial assets:
Available-for-sale debt securities	409,963	516,727
Mortgage loans held for sale, at fair value	4,496	5,761
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	328	473
Fair Value, Inputs, Level 3
Financial assets:
Available-for-sale debt securities	8,020	8,049
Consumer loans held for sale	2,419	2,677
Recurring basis
Financial assets:
Available-for-sale debt securities	417,983	524,303
Mortgage loans held for sale, at fair value	4,496	5,761
Consumer loans held for sale	2,419	2,677
Rate lock loan commitments	443	310
Mandatory forward contracts	47
Interest rate swap agreements	1,494	312
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,746	2,928
Financial Liabilities:
Mandatory forward contracts		9
Interest rate swap agreements	1,360	403
Transfers between Level 1, 2 or 3	0	0
Recurring basis | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities	217,001	307,592
Recurring basis | Private label mortgage backed security
Financial assets:
Available-for-sale debt securities	4,120	4,449
Recurring basis | Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities	100,238	106,374
Recurring basis | Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities	82,745	87,163
Recurring basis | Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	328	473
Recurring basis | Community Reinvestment Act mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,418	2,455
Recurring basis | Corporate bonds
Financial assets:
Available-for-sale debt securities	9,979	15,125
Recurring basis | Trust preferred security
Financial assets:
Available-for-sale debt securities	3,900	3,600
Recurring basis | Fair Value, Inputs, Level 1
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,418	2,455
Recurring basis | Fair Value, Inputs, Level 1 | Community Reinvestment Act mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,418	2,455
Recurring basis | Fair Value, Inputs, Level 2
Financial assets:
Available-for-sale debt securities	409,963	516,254
Mortgage loans held for sale, at fair value	4,496	5,761
Rate lock loan commitments	443	310
Mandatory forward contracts	47
Interest rate swap agreements	1,494	312
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	328	473
Financial Liabilities:
Mandatory forward contracts		9
Interest rate swap agreements	1,360	403
Recurring basis | Fair Value, Inputs, Level 2 | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities	217,001	307,592
Recurring basis | Fair Value, Inputs, Level 2 | Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities	100,238	106,374
Recurring basis | Fair Value, Inputs, Level 2 | Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities	82,745	87,163
Recurring basis | Fair Value, Inputs, Level 2 | Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	328	473
Recurring basis | Fair Value, Inputs, Level 2 | Corporate bonds
Financial assets:
Available-for-sale debt securities	9,979	15,125
Recurring basis | Fair Value, Inputs, Level 3
Financial assets:
Available-for-sale debt securities	8,020	8,049
Consumer loans held for sale	2,419	2,677
Recurring basis | Fair Value, Inputs, Level 3 | Private label mortgage backed security
Financial assets:
Available-for-sale debt securities	4,120	4,449
Recurring basis | Fair Value, Inputs, Level 3 | Trust preferred security
Financial assets:
Available-for-sale debt securities	$ 3,900	$ 3,600

FAIR VALUE - RECONCILIATION USI

FAIR VALUE - RECONCILIATION USING SIGNIFICANT UNOBSERVABLE INPUTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Private label mortgage backed security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	$ 4,449	$ 4,777
Net change in unrealized gain	(2)	53
Recovery of actual losses previously recorded	38
Principal paydowns	(365)	(148)
Balance, end of period	4,120	4,682
Trust preferred security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	3,600	3,200
Discount accretion	10	11
Net change in unrealized gain	290	(11)
Balance, end of period	$ 3,900	$ 3,200

FAIR VALUE - RECURRING LEVEL 3

FAIR VALUE - RECURRING LEVEL 3 MEASUREMENTS (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Fair value inputs quantitative information
Aggregate fair value of consumer loan	$ 2,419	$ 2,677	$ 3,679	$ 2,198
Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Aggregate fair value of consumer loan	2,419	2,677
Recurring basis
Fair value inputs quantitative information
Aggregate fair value of consumer loan	2,419	2,677
Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Aggregate fair value of consumer loan	2,419	2,677
Consumer Loans Held For Sale
Fair value inputs quantitative information
Aggregate fair value of consumer loan	2,419	2,677
Consumer Loans Held For Sale | Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Aggregate fair value of consumer loan	$ 2,419	$ 2,677
Consumer Loans Held For Sale | Contractual Terms | Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Net Premium (as a percent)	0.90%	0.90%
Discount rate (as a percent)	5.00%	5.00%
Private label mortgage backed security | Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Mortgage backed security fair value	$ 4,120	$ 4,449
Private label mortgage backed security | Discounted cash flow | Minimum | Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Constant prepayment rate (as a percent)	5.00%	3.50%
Probability of default (as a percent)	1.80%	1.80%
Loss severity (as a percent)	50.00%	60.00%
Private label mortgage backed security | Discounted cash flow | Maximum | Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Constant prepayment rate (as a percent)	6.50%	6.50%
Probability of default (as a percent)	8.00%	8.00%
Loss severity (as a percent)	85.00%	85.00%

FAIR VALUE - GAINS AND LOSSES (

FAIR VALUE - GAINS AND LOSSES (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018USD ($)loan	Dec. 31, 2017USD ($)loan	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Fair Value, Option
Aggregate fair value of mortgage loan	$ 4,496	$ 5,761	$ 5,193	$ 11,662
Aggregate fair value of consumer loan	2,419	2,677	$ 3,679	$ 2,198
Contractual balance	$ 4,052,694	$ 4,014,673
Mortgage loans held for sale
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual | loan	0	0
Aggregate fair value of mortgage loan	$ 4,496	$ 5,761
Contractual balance	4,412	5,668
Unrealized gain	84	93
Gains (losses) from changes in fair value included in earnings	63	60
Mortgage loans held for sale | Interest Income
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	72	67
Mortgage loans held for sale | Change In Fair Value
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	$ (9)	$ (7)
Consumer Loans Held For Sale
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual | loan	0	0
Consumer loans held for sale period	21 days
Aggregate fair value of consumer loan	$ 2,419	$ 2,677
Contractual balance	2,291	2,535
Unrealized gain	128	142
Gains (losses) from changes in fair value included in earnings	162	268
Consumer Loans Held For Sale | Interest Income
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	176	186
Consumer Loans Held For Sale | Change In Fair Value
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	$ (14)	$ 82

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NON-RECURRING BASIS (Details) - Nonrecurring basis - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 7,002	$ 6,103
Other real estate owned		83
Other Real Estate Owned
Fair Value Disclosures
Other real estate owned		83
Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	3,269	4,107
Residential Real Estate - Non Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	1,339	237
Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	1,342	1,366
Commercial & industrial
Fair Value Disclosures
Impaired loan on non-recurring basis	744
Home equity lines of credit
Fair Value Disclosures
Impaired loan on non-recurring basis	308	393
Premises
Fair Value Disclosures
Impaired loan on non-recurring basis	2,896	3,017
Fair Value, Inputs, Level 3
Fair Value Disclosures
Impaired loan on non-recurring basis	7,002	6,103
Other real estate owned		83
Fair Value, Inputs, Level 3 | Other Real Estate Owned
Fair Value Disclosures
Other real estate owned		83
Fair Value, Inputs, Level 3 | Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	3,269	4,107
Fair Value, Inputs, Level 3 | Residential Real Estate - Non Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	1,339	237
Fair Value, Inputs, Level 3 | Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	1,342	1,366
Fair Value, Inputs, Level 3 | Commercial & industrial
Fair Value Disclosures
Impaired loan on non-recurring basis	744
Fair Value, Inputs, Level 3 | Home equity lines of credit
Fair Value Disclosures
Impaired loan on non-recurring basis	308	393
Fair Value, Inputs, Level 3 | Premises
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 2,896	$ 3,017

FAIR VALUE - NON-RECURRING LEVE

FAIR VALUE - NON-RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 - Nonrecurring basis - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Premises | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 2,896	$ 3,017
Premises | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	8.00%	4.00%
Premises | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	68.00%	67.00%
Premises | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	24.00%	21.00%
Impaired Loans | Commercial Real Estate | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 79	$ 79
Adjustments determined by management for differences (as a percent)	21.00%	21.00%
Impaired Loans | Commercial Real Estate | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	21.00%	21.00%
Impaired Loans | Commercial Real Estate | Income approach
Fair value inputs quantitative information
Fair Value	$ 1,263	$ 1,287
Adjustments determined by management for differences (as a percent)	17.00%	17.00%
Impaired Loans | Commercial Real Estate | Income approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	17.00%	17.00%
Impaired Loans | Residential Real Estate - Owner Occupied | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 3,269	$ 4,107
Impaired Loans | Residential Real Estate - Owner Occupied | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	0.00%	0.00%
Impaired Loans | Residential Real Estate - Owner Occupied | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	54.00%	54.00%
Impaired Loans | Residential Real Estate - Owner Occupied | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	12.00%	10.00%
Impaired Loans | Residential Real Estate - Non Owner Occupied | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 1,339	$ 237
Impaired Loans | Residential Real Estate - Non Owner Occupied | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	0.00%	0.00%
Impaired Loans | Residential Real Estate - Non Owner Occupied | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	27.00%	8.00%
Impaired Loans | Residential Real Estate - Non Owner Occupied | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	13.00%	5.00%
Impaired Loans | Home equity lines of credit | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 308	$ 393
Impaired Loans | Home equity lines of credit | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	0.00%	0.00%
Impaired Loans | Home equity lines of credit | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	22.00%	23.00%
Impaired Loans | Home equity lines of credit | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	14.00%	15.00%
Impaired Loans | Commercial & industrial | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 744
Adjustments determined by management for differences (as a percent)	3.00%
Impaired Loans | Commercial & industrial | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)	3.00%
Other Real Estate Owned | Residential Real Estate | Sale comparison approach
Fair value inputs quantitative information
Fair Value		$ 83
Adjustments determined by management for differences (as a percent)		86.00%
Other Real Estate Owned | Residential Real Estate | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for differences (as a percent)		86.00%

FAIR VALUE - IMPAIRED LOANS (De

FAIR VALUE - IMPAIRED LOANS (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Impaired loans
Carrying amount of loans measured at fair value	$ 27,935	$ 27,076
Valuation allowance	(4,579)	(4,685)
Nonrecurring basis
Impaired loans
Total fair value	7,002	6,103
Fair Value, Inputs, Level 3 | Nonrecurring basis
Impaired loans
Carrying amount of loans measured at fair value	6,293	5,358
Estimated selling costs considered in carrying amount	725	752
Valuation allowance	(16)	(7)
Total fair value	7,002	6,103
Provision for impairment on loan, lease and other losses
Provisions on collateral-dependent, impaired loans	$ 429	$ 8

FAIR VALUE - OTHER REAL ESTATE

FAIR VALUE - OTHER REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2018	Dec. 31, 2017
Fair Value Disclosures
Total Carrying value of other real estate owned		$ 160	$ 115
Other real estate owned write-downs during the years ended	$ 70
Nonrecurring basis
Fair Value Disclosures
Other real estate owned carried at fair value			83
Nonrecurring basis | Other Real Estate Owned
Fair Value Disclosures
Other real estate owned carried at fair value			83
Nonrecurring basis | Fair Value, Inputs, Level 3
Fair Value Disclosures
Other real estate owned carried at fair value			83
Nonrecurring basis | Fair Value, Inputs, Level 3 | Other Real Estate Owned
Fair Value Disclosures
Other real estate owned carried at fair value			83
Other real estate owned carried at cost		160	32
Total Carrying value of other real estate owned		$ 160	$ 115
Other real estate owned write-downs during the years ended	$ 70

FAIR VALUE - PREMISES AND EQUIP

FAIR VALUE - PREMISES AND EQUIPMENT (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)item	Mar. 31, 2017USD ($)	Dec. 31, 2017item
Premises, Held for Sale
Number of former banking centers classified as held for sale | item	4		4
Impairment of premises held for sale | $	$ 104	$ 58

FAIR VALUE - CARRYING AMOUNTS A

FAIR VALUE - CARRYING AMOUNTS AND FV OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Assets:
Available-for-sale debt securities	$ 417,983	$ 524,303
Securities to be held to maturity	63,515	65,133
Equity securities with readily determinable fair value	2,746	2,928
Aggregate fair value of mortgage loan	4,496	5,761	$ 5,193	$ 11,662
Aggregate fair value of consumer loan	2,419	2,677	3,679	2,198
Consumer loans held for sale, at the lower of cost or fair value	7,380	8,551	$ 1,420	$ 1,310
Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	362,122	299,351
Equity securities with readily determinable fair value	2,418	2,455
Fair Value, Inputs, Level 2
Assets:
Available-for-sale debt securities	409,963	516,727
Securities to be held to maturity	63,515	65,133
Equity securities with readily determinable fair value	328	473
Aggregate fair value of mortgage loan	4,496	5,761
Consumer loans held for sale, at the lower of cost or fair value	7,380	8,551
Accrued interest receivable	11,772	12,082
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	175,682	204,021
Federal Home Loan Bank advances	432,140	730,712
Subordinated note	32,352	31,763
Accrued interest payable	1,041	1,100
Fair Value, Inputs, Level 2 | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,241,127	1,022,042
Fair Value, Inputs, Level 2 | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,098,796	2,049,493
Fair Value, Inputs, Level 2 | Time deposits.
Liabilities:
Deposit liabilities, fair value	373,075	358,627
Fair Value, Inputs, Level 3
Assets:
Available-for-sale debt securities	8,020	8,049
Aggregate fair value of consumer loan	2,419	2,677
Loans, net	3,978,974	3,938,998
Carrying Value
Assets:
Cash and cash equivalents	362,122	299,351
Available-for-sale debt securities	417,983	524,303
Securities to be held to maturity	62,844	64,227
Equity securities with readily determinable fair value	2,746	2,928
Aggregate fair value of mortgage loan	4,496	5,761
Aggregate fair value of consumer loan	2,419	2,677
Consumer loans held for sale, at the lower of cost or fair value	7,380	8,551
Loans, net	4,000,159	3,971,265
Federal Home Loan Bank stock	32,067	32,067
Accrued interest receivable	11,772	12,082
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	175,682	204,021
Federal Home Loan Bank advances	440,000	737,500
Subordinated note	41,240	41,240
Accrued interest payable	1,041	1,100
Carrying Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,241,127	1,022,042
Carrying Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,098,796	2,049,493
Carrying Value | Time deposits.
Liabilities:
Deposit liabilities, fair value	377,700	361,623
Total Fair Value
Assets:
Cash and cash equivalents	362,122	299,351
Available-for-sale debt securities	417,983	524,303
Securities to be held to maturity	63,515	65,133
Equity securities with readily determinable fair value	2,746	2,928
Aggregate fair value of mortgage loan	4,496	5,761
Aggregate fair value of consumer loan	2,419	2,677
Consumer loans held for sale, at the lower of cost or fair value	7,380	8,551
Loans, net	3,978,974	3,938,998
Accrued interest receivable	11,772	12,082
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	175,682	204,021
Federal Home Loan Bank advances	432,140	730,712
Subordinated note	32,352	31,763
Accrued interest payable	1,041	1,100
Total Fair Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,241,127	1,022,042
Total Fair Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,098,796	2,049,493
Total Fair Value | Time deposits.
Liabilities:
Deposit liabilities, fair value	$ 373,075	$ 358,627

MORTGAGE BANKING ACTIVITIES - M

MORTGAGE BANKING ACTIVITIES - MORTGAGE LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 5,761	$ 11,662
Origination of mortgage loans held for sale	29,410	33,245
Proceeds from the sale of mortgage loans held for sale	(31,452)	(40,691)
Net gain on sale of mortgage loans held for sale	777	977
Balance, end of period	$ 4,496	$ 5,193

MORTGAGE BANKING ACTIVITIES - C

MORTGAGE BANKING ACTIVITIES - COMPONENTS OF INCOME (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Mortgage servicing rights
Net gain realized on sale of mortgage loans held for sale	$ 597	$ 788
Net gain recognized	777	977
Loan servicing income	605	536
Amortization of mortgage servicing rights	(362)	(353)
Net servicing income recognized	243	183
Total Mortgage banking income	1,020	1,160
Mortgage loans held for sale
Mortgage servicing rights
Net change in fair value	(9)	(7)
Rate lock loan commitments
Mortgage servicing rights
Net change in fair value	133	319
Mandatory forward contracts
Mortgage servicing rights
Net change in fair value	$ 56	$ (123)

MORTGAGE BANKING ACTIVITIES -92

MORTGAGE BANKING ACTIVITIES - CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 5,044	$ 5,180
Additions	243	331
Amortized to expense	(362)	(353)
Balance, end of period	4,925	5,158
Change in valuation allowance	$ 0	$ 0

MORTGAGE BANKING ACTIVITIES - O

MORTGAGE BANKING ACTIVITIES - OTHER INFORMATION RELATING TO MSRS (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
MORTGAGE BANKING ACTIVITIES
Fair value of mortgage servicing rights portfolio	$ 8,841	$ 7,984
Monthly weighted average prepayment rate of unpaid principle balance (as percent)	176.00%	200.00%
Discount rate (as percent)	10.00%	10.00%
Weighted average default rate (as percent)	4.08%	3.75%
Weighted average life in years	5 years 11 months 27 days	5 years 5 months 27 days

MORTGAGE BANKING ACTIVITIES - N

MORTGAGE BANKING ACTIVITIES - NOTIONAL AMOUNTS AND FV (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Mortgage loans held for sale
Information about derivatives and swaps
Notional Amount, Assets	$ 4,412	$ 5,668
Fair Value, Assets	4,496	5,761
Rate lock loan commitments
Information about derivatives and swaps
Notional Amount, Assets	21,663	14,696
Fair Value, Assets	443	310
Mandatory forward contracts
Information about derivatives and swaps
Notional Amount, Assets	21,604
Fair Value, Assets	$ 47
Notional Amount, Liabilities		17,159
Fair Value, Liabilities		$ 9

INTEREST RATE SWAPS - CASH FLOW

INTEREST RATE SWAPS - CASH FLOW HEDGES (Details) - Interest rate swap - Cash flow hedge $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2013DerivativeInstrument
Derivative [Line Items]
Number of derivative agreements | DerivativeInstrument			2
Summary information about interest rate swaps
Notional amount	$ 20,000
Assets / (Liabilities)	134	$ (91)
Unrealized Gain (Loss) in AOCI	106	(73)
1-month LIBOR
Summary information about interest rate swaps
Notional amount	$ 10,000
Pay rate (as a percent)	2.17%
Assets / (Liabilities)	$ 67	(60)
Unrealized Gain (Loss) in AOCI	53	(25)
3-month LIBOR
Summary information about interest rate swaps
Notional amount	$ 10,000
Pay rate (as a percent)	2.33%
Assets / (Liabilities)	$ 67	(31)
Unrealized Gain (Loss) in AOCI	$ 53	$ (48)

INTEREST RATE SWAPS - INTEREST

INTEREST RATE SWAPS - INTEREST EXPENSE (Details) - Interest rate swap - Cash flow hedge - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Information about derivatives and swaps
Interest expense swap on money market deposits	$ 14	$ 34
Interest expense swap on FHLB Advance	12	32
Total interest expense on swap transaction	$ 26	$ 66

INTEREST RATE SWAPS - GAINS (LO

INTEREST RATE SWAPS - GAINS (LOSSES) (Details) - Interest rate swap - Cash flow hedge - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Derivative [Line Items]
Gains (losses) recognized in OCI on derivative (effective portion)	$ 199,000	$ 28,000
Losses reclassified from OCI on derivative (effective portion)	(26,000)	(66,000)
Gains (losses) recognized in income on derivative (ineffective portion)	0	$ 0
Expected reclassification amount for derivative losses realized in income	$ 16,000

INTEREST RATE SWAPS - NON-HEDGE

INTEREST RATE SWAPS - NON-HEDGE (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Information about derivatives and swaps
Fair value of investment securities pledged as collateral	$ 258,250	$ 262,902
Counterparty
Information about derivatives and swaps
Fair value of investment securities pledged as collateral	1,500	1,500
Counterparty | Minimum
Information about derivatives and swaps
Net loss position in which pledged securities as collateral are required	250,000
Interest rate swap | Non-Hedge
Information about derivatives and swaps
Notional amount	122,230	122,838
Interest rate swap | Non-Hedge | Bank Clients
Information about derivatives and swaps
Notional amount	61,115	61,419
Fair Value	(1,360)	84
Interest rate swap | Non-Hedge | Counterparty
Information about derivatives and swaps
Notional amount	61,115	61,419
Fair Value	$ 1,360	$ (84)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
EARNINGS PER SHARE
Net income	$ 27,469	$ 20,017
Dividends declared on Common Stock:
Undistributed net income for basic earnings per share	22,458	15,699
Weighted average potential dividends on Class A shares upon exercise of dilutive options	(24)	(17)
Undistributed net income for diluted earnings per share	$ 22,434	$ 15,682
Weighted average shares outstanding:
Effect of dilutive securities on Class A Shares outstanding	98,000	81,000
Weighted average shares outstanding including dilutive securities	21,018,000	20,996,000
Stock option
Diluted earnings per share:
Antidilutive stock options (in shares)	4,500
Stock option | Weighted Average
Diluted earnings per share:
Antidilutive stock options (in shares)	4,500
Class A Common Stock
EARNINGS PER SHARE
Cash dividend premium per share (as a percent)	10.00%
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (4,517)	$ (3,891)
Weighted average shares outstanding:
Weighted average shares outstanding	18,677,000	18,671,000
Basic earnings per share:
Per share dividends distributed	$ 0.24	$ 0.21
Undistributed earnings per share	1.08	0.76
Total basic earnings per share	1.32	0.97
Diluted earnings per share:
Per share dividends distributed	0.24	0.21
Undistributed earnings per share	1.08	0.75
Total diluted earnings per share	$ 1.32	$ 0.96
Class B Common Stock
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (494)	$ (427)
Weighted average shares outstanding:
Weighted average shares outstanding	2,243,000	2,244,000
Basic earnings per share:
Per share dividends distributed	$ 0.22	$ 0.19
Undistributed earnings per share	0.99	0.69
Total basic earnings per share	1.21	0.88
Diluted earnings per share:
Per share dividends distributed	0.22	0.19
Undistributed earnings per share	0.98	0.69
Total diluted earnings per share	$ 1.20	$ 0.88

STOCK PLANS AND STOCK BASED 100

STOCK PLANS AND STOCK BASED COMPENSATION (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
STOCK PLANS AND STOCK BASED COMPENSATION
Number of shares available for grant permitted by plan	3,000,000
Information related to the stock option plan
Net proceeds from Class A Common Stock options exercised		$ 33,000
Information related to stock option and restricted stock awards granted
Expenses	$ 152,000	410,000
Estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)
2,018	641,000
2,019	400,000
2,020	296,000
2,021	266,000
2,022	238,000
2023 and beyond	135,000
Total	$ 1,976,000
Minimum
STOCK PLANS AND STOCK BASED COMPENSATION
Vesting period	3 years
Stock option
STOCK PLANS AND STOCK BASED COMPENSATION
Exercisable period	1 year
Information related to the stock option plan
Intrinsic value of options exercised		44,000
Net proceeds from Class A Common Stock options exercised		33,000
Information related to stock option and restricted stock awards granted
Expenses	$ 62,000	$ 63,000
Estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)
2,018	182,000
2,019	139,000
2,020	35,000
2,021	5,000
2,022	1,000
Total	$ 362,000
Stock option | Class B Common Stock
Options
Exercisable (vested) at end of year (in shares)	0
Stock option | Class A Common Stock
Options
Outstanding, beginning of year (in shares)	295,000	312,600	312,600
Granted (in shares)			4,500
Exercised (in shares)			(3,500)
Forfeited or expired (in shares)			(18,600)
Outstanding, end of year (in shares)	295,000		295,000
Unvested (in shares)	295,000
Weighted Average Exercise Price
Outstanding, beginning of year (in dollars per share)	$ 24.68	$ 24.49	$ 24.49
Granted (in dollars per share)			35.54
Exercised (in dollars per share)			19.63
Forfeited or expired (in dollars per share)			24.99
Outstanding, end of year (in dollars per share)	24.68		$ 24.68
Unvested (in dollars per share)	$ 24.68
Weighted Average Remaining Contractual Term
Outstanding, end of year	2 years 7 months 10 days		2 years 10 months 10 days
Unvested	2 years 7 months 10 days
Aggregate Intrinsic Value
Outstanding, end of year	$ 4,017,610		$ 3,935,010
Unvested	$ 4,017,610
Stock option | Minimum
STOCK PLANS AND STOCK BASED COMPENSATION
Exercisable period	5 years
Stock option | Maximum
STOCK PLANS AND STOCK BASED COMPENSATION
Exercisable period	6 years
Restricted Stock Awards
Shares
Outstanding, beginning of year (in shares)	41,610	77,000	77,000
Granted (in shares)	36,000		7,413
Forfeited (in shares)			(750)
Earned and issued (in shares)			(42,053)
Outstanding, end of year (in shares)	77,610		41,610
Unvested (in shares)	77,610
Weighted-average grant date fair value
Outstanding, beginning of year (in dollars per share)	$ 21.18	$ 20.02	$ 20.02
Granted (in dollars per share)	38.32		35.77
Forfeited (in dollars per share)			19.85
Earned and issued (in dollars per share)			21.66
Outstanding, end of year (in dollars per share)	29.13		$ 21.18
Unvested (in dollars per share)	$ 29.13
Information related to stock option and restricted stock awards granted
Expenses	$ 64,000	$ 215,000
Estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)
2,018	380,000
2,019	261,000
2,020	261,000
2,021	261,000
2,022	237,000
2023 and beyond	135,000
Total	$ 1,535,000
Restricted Stock Awards | Maximum
STOCK PLANS AND STOCK BASED COMPENSATION
Vesting period	6 years
Performance Stock Units
STOCK PLANS AND STOCK BASED COMPENSATION
Vesting period	4 years
Shares
Outstanding, beginning of year (in shares)	48,500	55,000	55,000
Forfeited (in shares)			(6,500)
Outstanding, end of year (in shares)	48,500		48,500
Unvested (in shares)	48,500
Weighted-average grant date fair value
Outstanding, beginning of year (in dollars per share)	$ 23.08	$ 23.13	$ 23.13
Forfeited (in dollars per share)			23.48
Outstanding, end of year (in dollars per share)	23.08		$ 23.08
Unvested (in dollars per share)	$ 23.08
Information related to stock option and restricted stock awards granted
Expenses	$ 26,000	$ 132,000
Estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)
2,018	79,000
Total	$ 79,000
Performance Stock Units | Tranche One
Information related to stock option and restricted stock awards granted
Return on average assets (as a percent)	1.25%
Vesting rights (as a percent)	50.00%
Performance Stock Units | Tranche Two
Information related to stock option and restricted stock awards granted
Return on average assets (as a percent)	1.25%
Vesting rights (as a percent)	50.00%

INCOME TAXES - PROVISION AND DE

INCOME TAXES - PROVISION AND DEFERRED TAX (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2017
Effective tax rate that differs from that computed at the federal statutory rate
Federal statutory rate times financial statement income (as a percent)	21.00%		35.00%	35.00%
Effect of:
State taxes, net of federal benefit (as a percent)	1.95%		0.26%
General business tax credits (as a percent)	(0.41%)
Nontaxable income (as a percent)	(0.71%)		(1.05%)
Other, net (as a percent)	(0.52%)		(0.78%)
Effective tax rate (as a percent)	21.31%		33.43%
Income tax expense as result of reduced tax rate		$ 6.3

OTHER COMPREHENSIVE INCOME - CO

OTHER COMPREHENSIVE INCOME - COMPONENTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Available for Sale Securities:
Change in unrealized gain (loss) on available-for-sale debt securities (2018), debt and equity securities (2017)	$ (2,117)	$ 706
Adjustment for adoption of ASU 2016-01	(428)
Change in unrealized gain on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings	(2)	53
Net unrealized losses (gains)	(2,547)	759
Tax effect	535	(266)
Net of tax	(2,012)	493
Cash Flow Hedges:
Change in fair value of derivatives used for cash flow hedges	199	28
Reclassification amount for derivative losses realized in income	26	66
Net unrealized gains	225	94
Tax effect	(46)	(33)
Net of tax	179	61
Total other comprehensive (loss) income, net of tax	$ (1,833)	$ 554

OTHER COMPREHENSIVE INCOME - RE

OTHER COMPREHENSIVE INCOME - RECLASSIFICATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Significant amounts reclassified out of each component of AOCI
Interest expense on deposits	$ (3,360)	$ (1,879)
Interest expense on FHLB advances	(2,274)	(2,292)
Total interest expense	(6,168)	(4,445)
Income tax expense	(7,441)	(10,054)
NET INCOME	27,469	20,017
Unrealized gain (loss) on cash flow hedge | Reclassification out of Accumulated Other Comprehensive Income
Significant amounts reclassified out of each component of AOCI
Interest expense on deposits	(14)	(34)
Interest expense on FHLB advances	(12)	(32)
Total interest expense	(26)	(66)
Income tax expense	9	23
NET INCOME	$ (17)	$ (43)

OTHER COMPREHENSIVE INCOME - AO

OTHER COMPREHENSIVE INCOME - AOCI Changes (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Summary of the AOCI balances, net of tax
Balance at beginning of period	$ 632,424
Current Year Change	(1,833)	$ 554
Balance at end of period	653,254
Accumulated Other Comprehensive Income
Summary of the AOCI balances, net of tax
Balance at beginning of period	416	687
Current Year Change	(1,833)	554
Balance at end of period	(1,417)	1,241
Unrealized gain (loss) on securities available for sale
Summary of the AOCI balances, net of tax
Balance at beginning of period	(604)	237
Current Year Change	(2,011)	459
Balance at end of period	(2,615)	696
Unrealized gain (loss) on security available for sale for which a portion of an other-than-temporary impairment has been recognized in earnings
Summary of the AOCI balances, net of tax
Balance at beginning of period	1,093	706
Current Year Change	(1)	34
Balance at end of period	1,092	740
Unrealized gain (loss) on cash flow hedge
Summary of the AOCI balances, net of tax
Balance at beginning of period	(73)	(256)
Current Year Change	179	61
Balance at end of period	$ 106	$ (195)

REVENUE FROM CONTRACTS WITH 105

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenue recognition
Revenue, Practical Expedient, Incremental Cost of Obtaining Contract [true/false]	true
Net interest income	$ 67,665	$ 56,438
Noninterest income:
Mortgage Banking Income	1,020	1,160
Program fees	1,696	1,091
Increase in cash surrender value of bank owned life insurance	371	391
Noninterest income	27,545	24,923
Total net revenue	$ 95,210	$ 81,361
Net-revenue concentration (as percent)	100.00%	100.00%
Writedowns during entity's holding of property (as a percent)	10.00%
Nonrefundable capital commitment fee	$ 1,000
Core Banking Activities
Revenue recognition
Net interest income	41,851	$ 36,628
Noninterest income:
Mortgage Banking Income	1,020	1,160
Increase in cash surrender value of bank owned life insurance	371	391
Noninterest income	8,068	7,697
Total net revenue	$ 49,919	$ 44,325
Net-revenue concentration (as percent)	52.00%	55.00%
Traditional Banking
Revenue recognition
Net interest income	$ 38,188	$ 32,661
Noninterest income:
Increase in cash surrender value of bank owned life insurance	371	391
Noninterest income	7,002	6,519
Total net revenue	$ 45,190	$ 39,180
Net-revenue concentration (as percent)	47.00%	48.00%
Warehouse Lending
Revenue recognition
Net interest income	$ 3,591	$ 3,900
Noninterest income:
Noninterest income	8	6
Total net revenue	$ 3,599	$ 3,906
Net-revenue concentration (as percent)	4.00%	5.00%
Mortgage Banking
Revenue recognition
Net interest income	$ 72	$ 67
Noninterest income:
Mortgage Banking Income	1,020	1,160
Noninterest income	1,058	1,172
Total net revenue	$ 1,130	$ 1,239
Net-revenue concentration (as percent)	1.00%	2.00%
Republic Processing Group
Revenue recognition
Net interest income	$ 25,814	$ 19,810
Noninterest income:
Program fees	1,696	1,091
Noninterest income	19,477	17,226
Total net revenue	$ 45,291	$ 37,036
Net-revenue concentration (as percent)	48.00%	45.00%
Tax Refund Solutions
Revenue recognition
Net interest income	$ 18,686	$ 14,962
Noninterest income:
Program fees	59	(17)
Noninterest income	17,521	15,433
Total net revenue	$ 36,207	$ 30,395
Net-revenue concentration (as percent)	38.00%	37.00%
Republic Credit Solutions
Revenue recognition
Net interest income	$ 7,128	$ 4,848
Noninterest income:
Program fees	1,637	1,108
Noninterest income	1,956	1,793
Total net revenue	$ 9,084	$ 6,641
Net-revenue concentration (as percent)	10.00%	8.00%
Service charges on deposit accounts
Revenue recognition
Revenue from contract with customer	$ 3,555	$ 3,247
Service charges on deposit accounts | Core Banking Activities
Revenue recognition
Revenue from contract with customer	3,555	3,286
Service charges on deposit accounts | Traditional Banking
Revenue recognition
Revenue from contract with customer	3,547	3,280
Service charges on deposit accounts | Warehouse Lending
Revenue recognition
Revenue from contract with customer	8	6
Service charges on deposit accounts | Republic Processing Group
Revenue recognition
Revenue from contract with customer		(39)
Service charges on deposit accounts | Tax Refund Solutions
Revenue recognition
Revenue from contract with customer		(39)
Net refund transfer fees
Revenue recognition
Revenue from contract with customer	16,352	15,382
Net refund transfer fees | Republic Processing Group
Revenue recognition
Revenue from contract with customer	16,352	15,382
Net refund transfer fees | Tax Refund Solutions
Revenue recognition
Revenue from contract with customer	16,352	15,382
Interchange fee
Revenue recognition
Revenue from contract with customer	2,667	2,326
Interchange fee | Core Banking Activities
Revenue recognition
Revenue from contract with customer	2,538	2,217
Interchange fee | Traditional Banking
Revenue recognition
Revenue from contract with customer	2,538	2,217
Interchange fee | Republic Processing Group
Revenue recognition
Revenue from contract with customer	129	109
Interchange fee | Tax Refund Solutions
Revenue recognition
Revenue from contract with customer	109	97
Interchange fee | Republic Credit Solutions
Revenue recognition
Revenue from contract with customer	20	12
Other Real Estate Owned
Revenue recognition
Revenue from contract with customer		142
Other Real Estate Owned | Core Banking Activities
Revenue recognition
Revenue from contract with customer		142
Other Real Estate Owned | Traditional Banking
Revenue recognition
Revenue from contract with customer		142
Net gains (losses) on OREO
Revenue recognition
Revenue from contract with customer	132
Net gains (losses) on OREO | Core Banking Activities
Revenue recognition
Revenue from contract with customer	132
Net gains (losses) on OREO | Traditional Banking
Revenue recognition
Revenue from contract with customer	132
Other
Revenue recognition
Revenue from contract with customer	1,752	1,184
Other | Core Banking Activities
Revenue recognition
Revenue from contract with customer	452	501
Other | Traditional Banking
Revenue recognition
Revenue from contract with customer	414	489
Other | Mortgage Banking
Revenue recognition
Revenue from contract with customer	38	12
Other | Republic Processing Group
Revenue recognition
Revenue from contract with customer	1,300	683
Other | Tax Refund Solutions
Revenue recognition
Revenue from contract with customer	1,001	10
Other | Republic Credit Solutions
Revenue recognition
Revenue from contract with customer	$ 299	$ 673

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)segment	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)
Segment Disclosure information
Number of reportable segments | segment	5
Segment information
Net interest income	$ 67,665	$ 56,438
Provision for loan and lease losses	17,255	12,351
Net refund transfer fees	16,352	15,382
Mortgage banking income	1,020	1,160
Program fees	1,696	1,091
Other noninterest income	8,477	7,290
Total noninterest income	27,545	24,923
Total noninterest expenses	43,045	38,939
INCOME BEFORE INCOME TAX EXPENSE	34,910	30,071
Income tax expense (benefit)	7,441	10,054
NET INCOME	27,469	20,017
Segment end of period assets	$ 5,078,334	$ 4,664,792	$ 5,085,362
Net interest margin (as percent)	5.50%	4.99%
Net-revenue concentration (as percent)	100.00%	100.00%
Core Banking Activities
Segment Disclosure information
Number of reportable segments | segment	3
Segment information
Net interest income	$ 41,851	$ 36,628
Provision for loan and lease losses	960	241
Mortgage banking income	1,020	1,160
Other noninterest income	7,048	6,537
Total noninterest income	8,068	7,697
Total noninterest expenses	35,435	32,079
INCOME BEFORE INCOME TAX EXPENSE	13,524	12,005
Income tax expense (benefit)	2,383	3,498
NET INCOME	11,141	8,507
Segment end of period assets	$ 4,888,750	$ 4,525,380
Net interest margin (as percent)	3.55%	3.33%
Net-revenue concentration (as percent)	52.00%	55.00%
Traditional Banking
Segment information
Net interest income	$ 38,188	$ 32,661
Provision for loan and lease losses	939	467
Other noninterest income	7,002	6,519
Total noninterest income	7,002	6,519
Total noninterest expenses	33,392	30,088
INCOME BEFORE INCOME TAX EXPENSE	10,859	8,625
Income tax expense (benefit)	1,772	2,262
NET INCOME	9,087	6,363
Segment end of period assets	$ 4,344,341	$ 4,017,173
Net interest margin (as percent)	3.59%	3.30%
Net-revenue concentration (as percent)	47.00%	48.00%
Warehouse Lending
Segment information
Net interest income	$ 3,591	$ 3,900
Provision for loan and lease losses	21	(226)
Other noninterest income	8	6
Total noninterest income	8	6
Total noninterest expenses	839	777
INCOME BEFORE INCOME TAX EXPENSE	2,739	3,355
Income tax expense (benefit)	627	1,227
NET INCOME	2,112	2,128
Segment end of period assets	$ 534,545	$ 493,127
Net interest margin (as percent)	3.21%	3.57%
Net-revenue concentration (as percent)	4.00%	5.00%
Mortgage Banking
Segment information
Net interest income	$ 72	$ 67
Mortgage banking income	1,020	1,160
Other noninterest income	38	12
Total noninterest income	1,058	1,172
Total noninterest expenses	1,204	1,214
INCOME BEFORE INCOME TAX EXPENSE	(74)	25
Income tax expense (benefit)	(16)	9
NET INCOME	(58)	16
Segment end of period assets	$ 9,864	$ 15,080
Net-revenue concentration (as percent)	1.00%	2.00%
Republic Processing Group
Segment Disclosure information
Number of reportable segments | segment	2
Segment information
Net interest income	$ 25,814	$ 19,810
Provision for loan and lease losses	16,295	12,110
Net refund transfer fees	16,352	15,382
Program fees	1,696	1,091
Other noninterest income	1,429	753
Total noninterest income	19,477	17,226
Total noninterest expenses	7,610	6,860
INCOME BEFORE INCOME TAX EXPENSE	21,386	18,066
Income tax expense (benefit)	5,058	6,556
NET INCOME	16,328	11,510
Segment end of period assets	$ 189,584	$ 139,412
Net-revenue concentration (as percent)	48.00%	45.00%
Tax Refund Solutions
Segment information
Net interest income	$ 18,686	$ 14,962
Provision for loan and lease losses	13,389	8,341
Net refund transfer fees	16,352	15,382
Program fees	59	(17)
Other noninterest income	1,110	68
Total noninterest income	17,521	15,433
Total noninterest expenses	6,525	6,069
INCOME BEFORE INCOME TAX EXPENSE	16,293	15,985
Income tax expense (benefit)	3,854	5,801
NET INCOME	12,439	10,184
Segment end of period assets	$ 129,395	$ 108,858
Net-revenue concentration (as percent)	38.00%	37.00%
Republic Credit Solutions
Segment information
Net interest income	$ 7,128	$ 4,848
Provision for loan and lease losses	2,906	3,769
Program fees	1,637	1,108
Other noninterest income	319	685
Total noninterest income	1,956	1,793
Total noninterest expenses	1,085	791
INCOME BEFORE INCOME TAX EXPENSE	5,093	2,081
Income tax expense (benefit)	1,204	755
NET INCOME	3,889	1,326
Segment end of period assets	$ 60,189	$ 30,554
Net-revenue concentration (as percent)	10.00%	8.00%