Republic Bancorp (RBCAA) 10-Q 9 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 31, 2018
Entity Registrant Name	REPUBLIC BANCORP INC /KY/
Entity Central Index Key	921,557
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Class A Common Stock
Entity Common Stock, Shares Outstanding		18,691,894
Class B Common Stock
Entity Common Stock, Shares Outstanding		2,212,929

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 365,512	$ 299,351
Available-for-sale debt securities	445,124	524,303
Held-to-maturity debt securities (fair value of $66,667 in 2018 and $65,133 in 2017)	65,925	64,227
Equity securities with readily determinable fair value	2,717	2,928
Mortgage loans held for sale, at fair value	7,862	5,761
Consumer loans held for sale, at fair value		2,677
Consumer loans held for sale, at the lower of cost or fair value	21,037	8,551
Loans (includes $2,097 of loans carried at fair value at September 30, 2018)	4,136,195	4,014,034
Allowance for loan and lease losses	(43,824)	(42,769)
Loans, net	4,092,371	3,971,265
Federal Home Loan Bank stock, at cost	32,067	32,067
Premises and equipment, net	43,338	42,588
Premises, held for sale	2,607	3,017
Goodwill	16,300	16,300
Other real estate owned	70	115
Bank owned life insurance	64,491	63,356
Other assets and accrued interest receivable	62,933	48,856
TOTAL ASSETS	5,222,354	5,085,362
Deposits:
Noninterest-bearing	1,103,461	1,022,042
Interest-bearing	2,463,224	2,411,116
Total deposits	3,566,685	3,433,158
Securities sold under agreements to repurchase and other short-term borrowings	163,768	204,021
Federal Home Loan Bank advances	715,000	737,500
Subordinated note	41,240	41,240
Other liabilities and accrued interest payable	58,851	37,019
Total liabilities	4,545,544	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	4,904	4,902
Additional paid in capital	140,834	139,406
Retained earnings	533,191	487,700
Accumulated other comprehensive (loss) income	(2,119)	416
Total stockholders' equity	676,810	632,424
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 5,222,354	$ 5,085,362

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Held-to-maturity debt securities, fair value (in dollars)	$ 66,667	$ 65,133
Loans carried fair value	$ 2,097
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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
INTEREST INCOME:
Loans, including fees	$ 56,296	$ 50,271	$ 179,867	$ 153,010
Taxable investment securities	2,964	2,364	8,306	6,910
Federal Home Loan Bank stock and other	1,830	1,090	5,106	2,509
Total interest income	61,090	53,725	193,279	162,429
INTEREST EXPENSE:
Deposits	4,562	2,587	11,856	6,790
Securities sold under agreements to repurchase and other short-term borrowings	317	161	752	332
Federal Home Loan Bank advances	2,782	2,383	7,779	6,618
Subordinated note	396	287	1,110	807
Total interest expense	8,057	5,418	21,497	14,547
NET INTEREST INCOME	53,033	48,307	171,782	147,882
Provision for loan and lease losses	4,077	4,221	26,264	21,633
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES	48,956	44,086	145,518	126,249
NONINTEREST INCOME:
Service charges on deposit accounts	3,579	3,395	10,708	10,032
Net refund transfer fees	149	177	19,974	18,329
Mortgage banking income	1,360	1,102	3,696	3,707
Interchange fee income	2,757	2,475	8,315	7,348
Program fees	1,686	1,597	4,705	3,972
Increase in cash surrender value of bank owned life insurance	385	394	1,135	1,178
Net gains on other real estate owned	248	31	700	422
Other	1,301	1,203	4,073	3,236
Total noninterest income	11,465	10,374	53,306	48,224
NONINTEREST EXPENSE:
Salaries and employee benefits	22,846	20,505	69,446	61,731
Occupancy and equipment, net	6,153	5,841	18,535	17,594
Communication and transportation	1,047	1,239	3,670	3,450
Marketing and development	1,449	1,677	3,648	4,090
FDIC insurance expense	360	300	1,230	1,050
Bank franchise tax expense	710	749	4,088	3,974
Data processing	2,350	1,795	7,179	5,142
Interchange related expense	1,138	928	3,243	3,057
Supplies	314	241	998	1,029
Other real estate owned expense	2	55	63	284
Legal and professional fees	935	446	2,706	1,794
Impairment of premises held for sale	126	965	356	1,082
Other	3,782	3,285	9,727	8,422
Total noninterest expense	41,212	38,026	124,889	112,699
INCOME BEFORE INCOME TAX EXPENSE	19,209	16,434	73,935	61,774
INCOME TAX EXPENSE	1,798	5,728	13,389	20,980
NET INCOME	$ 17,411	$ 10,706	$ 60,546	$ 40,794
Class A Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	$ 0.84	$ 0.51	$ 2.92	$ 1.97
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	0.83	0.51	2.90	1.96
DIVIDENDS DECLARED PER COMMON SHARE:
Dividend declared per common share (in dollars per share)	0.242	0.220	0.726	0.649
Class B Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	0.76	0.47	2.65	1.79
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	0.76	0.47	2.64	1.78
DIVIDENDS DECLARED PER COMMON SHARE:
Dividend declared per common share (in dollars per share)	$ 0.220	$ 0.200	$ 0.660	$ 0.590

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 17,411	$ 10,706	$ 60,546	$ 40,794
OTHER COMPREHENSIVE INCOME
Change in fair value of derivatives used for cash flow hedges	54	9	330	(67)
Reclassification amount for net derivative losses realized in income	1	51	36	175
Change in unrealized (loss) gain on available-for-sale debt securities (2018), debt and equity securities (2017)	(467)	(237)	(3,130)	892
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)	90	(19)	244
Total other comprehensive (loss) income before income tax	(414)	(87)	(3,211)	1,244
Tax effect	88	30	676	(436)
Total other comprehensive (loss) income, net of tax	(326)	(57)	(2,535)	808
COMPREHENSIVE INCOME	$ 17,085	$ 10,649	$ 58,011	$ 41,602

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			$ 4,906		$ 138,192			$ 460,621	$ 687			$ 604,406
Balance (in shares) at Dec. 31, 2016	18,615	2,245
Increase (Decrease) in Stockholders' Equity
Net income								20,017				20,017
Net change in accumulated other comprehensive income									554			554
Dividends declared Common Stock:
Dividends declared Common Stock						$ (3,891)	$ (427)			$ (3,891)	$ (427)
Stock options exercised, net of shares redeemed					33							33
Stock options exercised, net of shares redeemed (in shares)	2
Conversion of Class B Common Stock to Class A Common Stock (in shares)	2	(2)
Repurchase of Class A Common Stock			(2)		(107)			(435)				(544)
Repurchase of Class A Common Stock (in shares)	(13)
Net change in notes receivable on Class A Common Stock				$ 51						51
Deferred director compensation expense - Class A Common Stock				55						55
Deferred director compensation expense - Class A Common Stock (in shares)	5
Stock based compensation expense - performance stock units					132							132
Stock based compensation - restricted stock					215							215
Stock based compensation - restricted stock (in shares)	4
Stock based compensation - stock options					63							63
Balance at end of period at Mar. 31, 2017			4,904		138,634			475,885	1,241			620,664
Balance (in shares) at Mar. 31, 2017	18,615	2,243
Balance at beginning of period at Dec. 31, 2016			4,906		138,192			460,621	687			604,406
Balance (in shares) at Dec. 31, 2016	18,615	2,245
Increase (Decrease) in Stockholders' Equity
Net income												40,794
Net change in accumulated other comprehensive income									808			808
Balance at end of period at Sep. 30, 2017			4,904		139,314			487,574	1,495			633,287
Balance (in shares) at Sep. 30, 2017	18,618	2,243
Balance at beginning of period at Dec. 31, 2016			4,906		138,192			460,621	687			604,406
Balance (in shares) at Dec. 31, 2016	18,615	2,245
Balance at end 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
Balance at beginning of period at Mar. 31, 2017			4,904		138,634			475,885	1,241			620,664
Balance (in shares) at Mar. 31, 2017	18,615	2,243
Increase (Decrease) in Stockholders' Equity
Net income								10,071				10,071
Net change in accumulated other comprehensive income									311			311
Dividends declared Common Stock:
Dividends declared Common Stock						(4,095)	(449)			(4,095)	(449)
Net change in notes receivable on Class A Common Stock				103						103
Deferred director compensation expense - Class A Common Stock				41						41
Deferred director compensation expense - Class A Common Stock (in shares)	3
Stock based compensation expense - performance stock units					105							105
Stock based compensation - restricted stock					77							77
Stock based compensation - stock options					63							63
Balance at end of period at Jun. 30, 2017			4,904		139,023			481,412	1,552			626,891
Balance (in shares) at Jun. 30, 2017	18,618	2,243
Increase (Decrease) in Stockholders' Equity
Net income								10,706				10,706
Net change in accumulated other comprehensive income									(57)			(57)
Dividends declared Common Stock:
Dividends declared Common Stock						(4,096)	(448)			(4,096)	(448)
Repurchase of Class A Common Stock					(14)							(14)
Net change in notes receivable on Class A Common Stock				(19)						(19)
Deferred director compensation expense - Class A Common Stock				51						51
Deferred director compensation expense - Class A Common Stock (in shares)	(3)
Stock based compensation expense - performance stock units					127							127
Stock based compensation - restricted stock					81							81
Stock based compensation - restricted stock (in shares)	3
Stock based compensation - stock options					65							65
Balance at end of period at Sep. 30, 2017			4,904		139,314			487,574	1,495			633,287
Balance (in shares) at Sep. 30, 2017	18,618	2,243
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
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												60,546
Net change in accumulated other comprehensive income									(2,535)			(2,535)
Balance at end of period at Sep. 30, 2018			4,904		140,834			533,191	(2,119)			676,810
Balance (in shares) at Sep. 30, 2018	18,682	2,213
Increase (Decrease) in Stockholders' Equity
Adjustment for adoption of ASU 2016-01								(35)	(338)			(373)
Balance at beginning 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
Increase (Decrease) in Stockholders' Equity
Net income								15,666				15,666
Net change in accumulated other comprehensive income									(376)			(376)
Dividends declared Common Stock:
Dividends declared Common Stock						(4,518)	(487)			(4,518)	(487)
Stock options exercised, net of shares redeemed					48							48
Stock options exercised, net of shares redeemed (in shares)	2
Conversion of Class B Common Stock to Class A Common Stock (in shares)	28	(28)
Net change in notes receivable on Class A Common Stock				36						36
Deferred director compensation expense - Class A Common Stock	$ 1			47						48
Deferred director compensation expense - Class A Common Stock (in shares)	3
Stock based compensation expense - performance stock units					27							27
Stock based compensation - restricted stock					254							254
Stock based compensation - restricted stock (in shares)	(1)
Stock based compensation - stock options					56							56
Balance at end of period at Jun. 30, 2018			4,903		140,114			520,784	(1,793)			664,008
Balance (in shares) at Jun. 30, 2018	18,677	2,215
Increase (Decrease) in Stockholders' Equity
Net income								17,411				17,411
Net change in accumulated other comprehensive income									(326)			(326)
Dividends declared Common Stock:
Dividends declared Common Stock						$ (4,517)	$ (487)			(4,517)	$ (487)
Stock options exercised, net of shares redeemed					35							35
Stock options exercised, net of shares redeemed (in shares)	1
Conversion of Class B Common Stock to Class A Common Stock (in shares)	2	(2)
Net change in notes receivable on Class A Common Stock				(25)						(25)
Deferred director compensation expense - Class A Common Stock				62						62
Deferred designed key employee compensation expense - Class A Common Stock				284						284
Employee stock purchase plan - Class A Common Stock	$ 1			$ 123						$ 124
Employee stock purchase plan - Class A Common Stock (in shares)	3
Stock based compensation expense - performance stock units					53							53
Stock based compensation - restricted stock					132							132
Stock based compensation - restricted stock (in shares)	(1)
Stock based compensation - stock options					56							56
Balance at end of period at Sep. 30, 2018			$ 4,904		$ 140,834			$ 533,191	$ (2,119)			$ 676,810
Balance (in shares) at Sep. 30, 2018	18,682	2,213

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
OPERATING ACTIVITIES:
Net income	$ 60,546	$ 40,794
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization (accretion) on investment securities, net	(204)	231
Accretion on loans and amortization of core deposit intangible, net	(2,744)	(3,981)
Unrealized losses on equity securities with readily determinable fair value	211
Depreciation of premises and equipment	7,020	6,178
Amortization of mortgage servicing rights	1,092	1,104
Provision for loan and lease losses	26,264	21,633
Net gain on sale of mortgage loans held for sale	(2,985)	(3,221)
Origination of mortgage loans held for sale	(133,273)	(119,265)
Proceeds from sale of mortgage loans held for sale	134,157	130,065
Net gain on sale of consumer loans held for sale	(4,429)	(3,869)
Origination of consumer loans held for sale	(582,871)	(454,844)
Proceeds from sale of consumer loans held for sale	576,646	453,169
Net gain realized on sale of other real estate owned	(700)	(577)
Writedowns of other real estate owned		155
Impairment of premises held for sale	356	1,082
Deferred compensation expense - Class A Common Stock	449	147
Stock-based awards expense - Class A Common Stock	730	928
Increase in cash surrender value of bank owned life insurance	(1,135)	(1,178)
Net change in other assets and liabilities:
Accrued interest receivable	(1,614)	(1,001)
Accrued interest payable	6	(12)
Other assets	2,314	(3,367)
Other liabilities	5,870	3,283
Net cash provided by operating activities	85,706	67,454
INVESTING ACTIVITIES:
Purchases of available-for-sale debt securities	(159,880)	(91,451)
Purchases of held-to-maturity debt securities	(4,934)	(15,460)
Proceeds from calls, maturities and paydowns of available-for-sale debt securities	236,138	114,930
Proceeds from calls, maturities and paydowns of held-to-maturity debt securities	3,213	3,129
Net change in outstanding warehouse lines of credit	(35,242)	14,279
Purchase of non-business-acquisition loans, including premiums paid		(4,811)
Net change in other loans	(108,750)	(166,845)
Purchase of Federal Home Loan Bank stock		(3,859)
Proceeds from sales of other real estate owned	1,153	2,202
Net purchases of premises and equipment	(7,716)	(9,236)
Net cash used in investing activities	(76,018)	(157,122)
FINANCING ACTIVITIES:
Net change in deposits	133,527	189,037
Net change in securities sold under agreements to repurchase and other short-term borrowings	(40,253)	(162)
Payments of Federal Home Loan Bank advances	(417,500)	(460,000)
Proceeds from Federal Home Loan Bank advances	395,000	415,000
Repurchase of Class A Common Stock		(558)
Net proceeds from Class A Common Stock purchased through employee stock purchase plan	124
Net proceeds from Class A Common Stock options exercised	83	33
Cash dividends paid	(14,508)	(13,129)
Net cash used in financing activities	56,473	130,221
NET CHANGE IN CASH AND CASH EQUIVALENTS	66,161	40,553
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	299,351	289,309
CASH AND CASH EQUIVALENTS AT END OF PERIOD	365,512	329,862
Cash paid during the period for:
Interest	21,491	14,559
Income taxes	10,196	20,570
SUPPLEMENTAL NONCASH DISCLOSURES:
Transfers from loans to real estate acquired in settlement of loans	408	$ 556
Transfers from loans held for sale to held for investment	2,237
Unfunded commitments in low-income housing investments	$ 12,574

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 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 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 and nine months ended September 30, 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 September 30, 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. Core Bank Traditional Banking segment — The Traditional Banking segment provides traditional banking products primarily to customers in the Company’s market footprint. As of September 30, 2018, Republic had 45 full-service banking centers and one loan production office (“LPO”) with locations as follows:  Kentucky — 32  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  Southern Indiana — 3  Floyds Knobs — 1  Jeffersonville — 1  New Albany — 1  Metropolitan Tampa, Florida — 7  Metropolitan Cincinnati, Ohio — 1  Metropolitan Nashville, Tennessee — 3* *Includes one LPO Republic’s headquarters are 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, 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 Bank may occasionally acquire for investment through its Correspondent Lending channel single family, first lien mortgage loans that meet the Bank’s specifications. Substantially all loans purchased through the Correspondent Lending channel are purchased at a premium. The volume of loans purchased through the Correspondent Lending channel may fluctuate from time to time based on several factors, including, but not limited to, borrower demand, other investment options and the Bank’s current and forecasted liquidity position. 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. The Bank receives fees 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 by the Company 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 had the following features during its 2018 and 2017 offering periods: · Offered only during the first two months of each year; · No EA fee was charged to the taxpayer customer; · All fees for the EA were 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 was deducted from the taxpayer customer’s tax refund proceeds; and · If an insufficient refund to repay the EA occurred: o there was no recourse to the taxpayer customer, o no negative credit reporting on the taxpayer customer, and o no collection efforts against the taxpayer customer. The Company reports fees paid by the Tax Providers for the EA product 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 EA 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 (“RPS”) 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: · RCS line-of-credit product – 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. · RCS credit-card product – From the fourth quarter of 2015 through the first quarter of 2018, the Bank continued to pilot a credit-card product to generally subprime borrowers across the United States through one third-party marketer/servicer. For outstanding cards, RCS sold 90% of the balances generated within two business days of each transaction occurrence to its third-party marketer/servicer and retained the remaining 10% interest. During the second quarter of 2018, the Bank and its third-party marketer/servicer discontinued the marketing of the product to potential new clients, as the two parties deliberated the future direction of the program. During the third quarter of 2018, the Bank and its third-party marketer/servicer reached an agreement in concept to sell 100% of the existing portfolio to an unrelated third party. As a result, the Bank reclassified its 10% interest with a book value of $3.5 million into a held-for-sale category and charged the entire RCS credit-card portfolio down to its estimated net realizable value of $1.5 million. · RCS healthcare receivables product – 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 in other instances, sells 100% of the receivables within one month of origination. Loan balances held for sale are carried at the lower of cost or fair value. · RCS installment loan product – From the first quarter of 2016 through the first quarter of 2018, the Bank continued to pilot a consumer installment-loan product across the United States using a third-party marketer/service. As part of the program, the Bank sold 100% of the balances generated through the program back to the third-party marketer/servicer approximately 21 days after origination. The Bank carried all unsold loans under the program as “held for sale” on its balance sheet. At the initiation of this program in 2016, the Bank elected to carry these loans at fair value under a fair-value option, with the portfolio thereafter marked to market monthly. During the second quarter of 2018, the Bank and its third-party marketer/service provider suspended the origination of any new loans, and the subsequent sale of all recently-originated loans under this program, while the two parties evaluated the future offering of this product due to changes in the applicable state law impacting the product. Concurrent with the suspension of this program, the Bank reclassified approximately $2.2 million of these loans from held for sale on the balance sheet into the held-for-investment category and revalued these loans accordingly. 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 September 30, 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 Permitted Adoption Methods 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 $28 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) This ASU 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 an as yet 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. 2018-10 Codification Improvements to Topic 842, Leases This ASU affects narrow aspects of the guidance issued in the amendments in ASU 2016-02. January 1, 2019 Adoption should conform to the adoption of ASU 2016-02 above. The Company is evaluating the adoption of this ASU with its ongoing analysis of adopting ASU 2016-02. 2018-11 Leases (Topic 842): Targeted Improvements This ASU provides the Company with an additional (and optional) transition method to adopt ASU 2016-02. This ASU also provides the Company with a practical expedient to not separate non-lease components from the associated lease component under certain circumstances. January 1, 2019 Adoption should conform to the adoption of ASU 2016-02 above. The Company is evaluating the adoption of this ASU with its ongoing analysis of adopting ASU 2016-02. 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement This ASU modifies the disclosure requirements in Topic 820 by removing and adding certain elements. January 1, 2020 Certain elements should be applied prospectively and others retrospectively. Immaterial 2018-15 Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40) This ASU aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by these amendments. January 1, 2020 Retrospectively or prospectively to all implementation costs incurred after the date of adoption. Immaterial The following ASUs were adopted by the Company during the nine months ended September 30, 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 Modified-retrospective approach. 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 for 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	9 Months Ended
	Sep. 30, 2018
INVESTMENT SECURITIES
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES Available-for-Sale Debt Securities The following tables present 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”): Gross Gross Amortized Unrealized Unrealized Fair September 30, 2018 (in thousands) Cost Gains Losses Value U.S. Treasury securities and U.S. Government agencies $ 238,418 $ — $ (2,780) $ 235,638 Private label mortgage backed security 2,484 1,365 — 3,849 Mortgage backed securities - residential 117,129 970 (2,157) 115,942 Collateralized mortgage obligations 76,528 441 (1,604) 75,365 Corporate bonds 10,000 80 — 10,080 Trust preferred security 3,523 727 — 4,250 Total available-for-sale debt securities $ 448,082 $ 3,583 $ (6,541) $ 445,124 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 following tables present the carrying value, gross unrecognized gains and losses, and fair value of held-to-maturity debt securities: Gross Gross Carrying Unrecognized Unrecognized Fair September 30, 2018 (in thousands) Value Gains Losses Value Mortgage backed securities - residential $ 146 $ 9 $ — $ 155 Collateralized mortgage obligations 20,224 221 (29) 20,416 Corporate bonds 45,092 578 (23) 45,647 Obligations of state and political subdivisions 463 — (14) 449 Total held-to-maturity debt securities $ 65,925 $ 808 $ (66) $ 66,667 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 September 30, 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 and nine months ended September 30, 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 September 30, 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 September 30, 2018 (in thousands) Cost Value Value Value Due in one year or less $ 45,033 $ 44,825 $ 50 $ 50 Due from one year to five years 203,385 200,893 10,386 10,441 Due from five years to ten years — — 35,119 35,605 Due beyond ten years 3,523 4,250 — — Private label mortgage backed security 2,484 3,849 — — Mortgage backed securities - residential 117,129 115,942 146 155 Collateralized mortgage obligations 76,528 75,365 20,224 20,416 Total debt securities $ 448,082 $ 445,124 $ 65,925 $ 66,667 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 11% and 9% of the Bank’s investment portfolio as of September 30, 2018 and December 31, 2017. Mortgage Backed Securities and Collateralized Mortgage Obligations At September 30, 2018, with the exception of the $3.8 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 September 30, 2018 and December 31, 2017, there were gross unrealized losses of $3.8 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 September 30, 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 September 30, 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 $ 129,894 $ (1,414) $ 105,744 $ (1,366) $ 235,638 $ (2,780) Mortgage backed securities - residential 56,862 (953) 33,654 (1,204) 90,516 (2,157) Collateralized mortgage obligations 17,141 (779) 16,563 (825) 33,704 (1,604) Total available-for-sale debt securities $ 203,897 $ (3,146) $ 155,961 $ (3,395) $ 359,858 $ (6,541) 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 September 30, 2018 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Held-to-maturity debt securities: Collateralized mortgage obligations $ — $ — $ 5,765 $ (29) $ 5,765 $ (29) Corporate bonds 4,915 (23) — — 4,915 (23) Obligations of state and political subdivisions 105 (1) 345 (13) 450 (14) Total held-to-maturity debt securities: $ 5,020 $ (24) $ 6,110 $ (42) $ 11,130 $ (66) 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 September 30, 2018, the Bank’s security portfolio consisted of 186 securities, 68 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 $3.8 million at September 30, 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 Measurement. 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 The following table presents 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: (in thousands) September 30, 2018 December 31, 2017 Carrying amount $ 258,670 $ 262,679 Fair value 258,777 262,902 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 following tables present the carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values: Gross Gross Amortized Unrealized Unrealized Fair September 30, 2018 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 332 $ — $ 332 Community Reinvestment Act mutual fund 2,500 — (115) 2,385 Total equity securities with readily determinable fair values $ 2,500 $ 332 $ (115) $ 2,717 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 September 30, 2018 Nine Months Ended September 30, 2018 Gains (Losses) Recognized on Equity Securities Gains (Losses) Recognized on Equity Securities (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ (57) $ (57) $ — $ (141) $ (141) Community Reinvestment Act mutual fund — (19) (19) — (70) (70) Total equity securities with readily determinable fair value $ — $ (76) $ (76) $ — $ (211) $ (211)

LOANS HELD FOR SALE

LOANS HELD FOR SALE	9 Months Ended
	Sep. 30, 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 From the first quarter of 2016 through the first quarter of 2018, the Bank continued to pilot a consumer installment-loan product across the United States using a third-party marketer/service. As part of the program, the Bank sold 100% of the balances generated through the program back to the third-party marketer/servicer approximately 21 days after origination. The Bank carried all unsold loans under the program as “held for sale” on the its balance sheet. At the initiation of this program in 2016, the Bank elected to carry these loans at fair value under a fair-value option, with the portfolio thereafter marked to market monthly. During the second quarter of 2018, the Bank and its third-party marketer/service provider suspended the origination of any new loans, and the subsequent sale of all recently-originated loans under this program, while the two parties evaluated the future offering of this product due to changes in the applicable state law impacting the product. Concurrent with the suspension of this program, the Bank reclassified approximately $2.2 million of these loans from held for sale on the balance sheet into the held-for-investment category and revalued these loans accordingly. The following is a rollforward of consumer loans held for sale and carried at fair value: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ — $ 3,235 $ 2,677 $ 2,198 Origination of consumer loans held for sale — 15,066 16,985 46,847 Loans transferred to held for investment — — (2,237) — Proceeds from the sale of consumer loans held for sale — (15,115) (17,039) (45,988) Net gain (loss) recognized on consumer loans held for sale — 182 (386) 311 Balance, end of period $ — $ 3,368 $ — $ 3,368 Consumer Loans Held for Sale, at the Lower of Cost or Fair Value RCS originates balances for both a line-of-credit and a credit-card product. The Bank sells 90% of the balances maintained through these products within two days of transactional activity and retains a 10% interest. The line-of-credit product represents the substantial majority of balances retained as consumer loans held for sale that are carried at the lower of cost or fair value. During the third quarter of 2018, the Bank and its third-party marketer/servicer reached an agreement in concept to sell 100% of the existing credit-card portfolio to an unrelated third party. As a result, the Bank reclassified its 10% interest into a held-for-sale category and charged the entire RCS credit-card portfolio down to its estimated net realizable value. Gains or losses on the sale of RCS products are reported as a component of “Program fees.” The following is a rollforward of consumer loans held for sale and carried at the lower of cost or market value: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ 13,684 $ 2,464 $ 8,551 $ 1,310 Origination of consumer loans held for sale 209,462 164,815 565,886 407,997 Loans transferred from held for investment 1,392 — 1,392 — Proceeds from the sale of consumer loans held for sale (205,078) (162,947) (559,607) (407,181) Net gain on sale of consumer loans held for sale 1,577 1,352 4,815 3,558 Balance, end of period $ 21,037 $ 5,684 $ 21,037 $ 5,684

LOANS AND ALLOWANCE FOR LOAN AN

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES	9 Months Ended
	Sep. 30, 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 following table presents ending loan balances at September 30, 2018 and December 31, 2017: (in thousands) September 30, 2018 December 31, 2017 Traditional Banking: Residential real estate: Owner occupied $ 913,228 $ 921,565 Owner occupied - correspondent* 99,096 116,792 Nonowner occupied 232,306 205,081 Commercial real estate 1,214,804 1,207,293 Construction & land development 174,043 150,065 Commercial & industrial 387,766 341,692 Lease financing receivables 15,229 16,580 Home equity 332,690 347,655 Consumer: Credit cards 19,151 16,078 Overdrafts 983 974 Automobile loans 62,179 65,650 Other consumer 38,940 20,501 Total Traditional Banking 3,490,415 3,409,926 Warehouse lines of credit* 560,814 525,572 Total Core Banking 4,051,229 3,935,498 Republic Processing Group*: Tax Refund Solutions: Easy Advances — — Other TRS loans 292 11,648 Republic Credit Solutions 84,674 66,888 Total Republic Processing Group 84,966 78,536 Total loans** 4,136,195 4,014,034 Allowance for loan and lease losses (43,824) (42,769) Total loans, net $ 4,092,371 $ 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 September 30, 2018 and December 31, 2017: (in thousands) September 30, 2018 December 31, 2017 Contractually receivable $ 4,135,623 $ 4,014,673 Unearned income(1) (1,164) (1,157) Unamortized premiums(2) 674 1,069 Unaccreted discounts(3) (3,469) (4,643) Net unamortized deferred origination fees and costs(4) 4,531 4,092 Carrying value of loans $ 4,136,195 $ 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 September 30, 2018 and December 31, 2017: (in thousands) September 30, 2018 December 31, 2017 Contractually required principal $ 4,653 $ 5,435 Non-accretable amount (1,593) (1,691) Accretable amount (100) (140) Carrying value of loans $ 2,960 $ 3,604 The following table presents a rollforward of the accretable amount on all PCI loans for the three and nine months ended September 30, 2018 and 2017: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ (100) $ (3,333) $ (140) $ (3,600) Transfers between non-accretable and accretable* (168) (44) (409) 31 Net accretion into interest income on loans, including loan fees 168 1,684 449 1,876 Balance, end of period $ (100) $ (1,693) $ (100) $ (1,693) * Transfers are primarily attributable to changes in estimated cash flows of the underlying loans. Credit Quality Indicators The following tables present loans by risk category based on the Bank’s internal analyses performed as of September 30, 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: September 30, 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 $ — $ 15,067 $ 13,307 $ — $ 173 $ 1,518 $ 30,065 Owner occupied - correspondent — — 386 — — — 386 Nonowner occupied — 582 2,068 — — — 2,650 Commercial real estate 1,203,903 5,911 3,851 — 1,139 — 1,214,804 Construction & land development 173,920 — 123 — — — 174,043 Commercial & industrial 386,010 1,088 648 — 20 — 387,766 Lease financing receivables 15,229 — — — — — 15,229 Home equity — — 1,482 — 5 103 1,590 Consumer: Credit cards — — — — — — — Overdrafts — — — — — — — Automobile loans — — 156 — — — 156 Other consumer — — 490 — — 2 492 Total Traditional Banking 1,779,062 22,648 22,511 — 1,337 1,623 1,827,181 Warehouse lines of credit 560,814 — — — — — 560,814 Total Core Banking 2,339,876 22,648 22,511 — 1,337 1,623 2,387,995 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — Other TRS loans — — — — — — — Republic Credit Solutions — — 298 — — — 298 Total Republic Processing Group — — 298 — — — 298 Total rated loans $ 2,339,876 $ 22,648 $ 22,809 $ — $ 1,337 $ 1,623 $ 2,388,293 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 September 30, 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 $ 6,035 $ (136) $ (46) $ 18 $ 5,871 $ 6,740 $ (222) $ (52) $ 107 $ 6,573 Owner occupied - correspondent 263 (15) — — 248 324 (10) — — 314 Nonowner occupied 1,552 42 (1) — 1,593 1,237 100 — — 1,337 Commercial real estate 9,815 187 — 1 10,003 8,368 325 — 77 8,770 Construction & land development 2,825 (160) — 3 2,668 2,508 (435) — 3 2,076 Commercial & industrial 2,318 281 (75) 4 2,528 1,682 388 (152) 12 1,930 Lease financing receivables 160 — — — 160 151 11 — — 162 Home equity 3,658 (81) (14) 59 3,622 3,787 14 (4) 51 3,848 Consumer: Credit cards 805 148 (94) 9 868 588 50 (38) 6 606 Overdrafts 878 372 (332) 65 983 806 311 (276) 51 892 Automobile loans 664 110 (7) 2 769 640 40 (12) 1 669 Other consumer 776 (52) (102) 70 692 918 111 (155) 67 941 Total Traditional Banking 29,749 696 (671) 231 30,005 27,749 683 (689) 375 28,118 Warehouse lines of credit 1,585 (183) — — 1,402 1,502 (74) — — 1,428 Total Core Banking 31,334 513 (671) 231 31,407 29,251 609 (689) 375 29,546 Republic Processing Group: Tax Refund Solutions: Easy Advances — (1,036) — 1,036 — — (840) — 840 — Other TRS loans 67 8 — — 75 — — — — — Republic Credit Solutions 13,646 4,592 (6,204) 308 12,342 8,647 4,452 (2,680) 226 10,645 Total Republic Processing Group 13,713 3,564 (6,204) 1,344 12,417 8,647 3,612 (2,680) 1,066 10,645 Total $ 45,047 $ 4,077 $ (6,875) $ 1,575 $ 43,824 $ 37,898 $ 4,221 $ (3,369) $ 1,441 $ 40,191 Allowance Rollforward Nine Months Ended September 30, 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 $ (443) $ (85) $ 217 $ 5,871 $ 7,158 $ (653) $ (163) $ 231 $ 6,573 Owner occupied - correspondent 292 (44) — — 248 373 (59) — — 314 Nonowner occupied 1,396 491 (320) 26 1,593 1,139 212 (14) — 1,337 Commercial real estate 9,043 831 — 129 10,003 8,078 577 — 115 8,770 Construction & land development 2,364 274 — 30 2,668 1,850 222 — 4 2,076 Commercial & industrial 2,198 491 (200) 39 2,528 1,511 537 (152) 34 1,930 Lease financing receivables 174 (14) — — 160 136 26 — — 162 Home equity 3,754 (372) (48) 288 3,622 3,757 62 (99) 128 3,848 Consumer: Credit cards 607 507 (282) 36 868 490 181 (86) 21 606 Overdrafts 974 685 (891) 215 983 675 731 (687) 173 892 Automobile loans 687 90 (11) 3 769 526 160 (19) 2 669 Other consumer 1,162 (338) (358) 226 692 771 615 (691) 246 941 Total Traditional Banking 28,833 2,158 (2,195) 1,209 30,005 26,464 2,611 (1,911) 954 28,118 Warehouse lines of credit 1,314 88 — — 1,402 1,464 (36) — — 1,428 Total Core Banking 30,147 2,246 (2,195) 1,209 31,407 27,928 2,575 (1,911) 954 29,546 Republic Processing Group: Tax Refund Solutions: Easy Advances — 11,360 (12,478) 1,118 — — 7,041 (8,123) 1,082 — Other TRS loans 12 113 (55) 5 75 25 (278) — 253 — Republic Credit Solutions 12,610 12,545 (13,669) 856 12,342 4,967 12,295 (7,216) 599 10,645 Total Republic Processing Group 12,622 24,018 (26,202) 1,979 12,417 4,992 19,058 (15,339) 1,934 10,645 Total $ 42,769 $ 26,264 $ (28,397) $ 3,188 $ 43,824 $ 32,920 $ 21,633 $ (17,250) $ 2,888 $ 40,191 Nonperforming Loans and Nonperforming Assets Detail of nonperforming loans, nonperforming assets and select credit quality ratios follows: (dollars in thousands) September 30, 2018 December 31, 2017 Loans on nonaccrual status* $ 17,015 $ 14,118 Loans past due 90-days-or-more and still on accrual** 254 956 Total nonperforming loans 17,269 15,074 Other real estate owned 70 115 Total nonperforming assets $ 17,339 $ 15,189 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.42 % 0.38 % Nonperforming assets to total loans (including OREO) 0.42 0.38 Nonperforming assets to total assets 0.33 0.30 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.42 % 0.36 % Nonperforming assets to total loans (including OREO) 0.42 0.36 Nonperforming assets to total assets 0.33 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) September 30, 2018 December 31, 2017 September 30, 2018 December 31, 2017 Traditional Banking: Residential real estate: Owner occupied $ 11,208 $ 9,230 $ — $ — Owner occupied - correspondent 386 — — — Nonowner occupied 681 257 — — Commercial real estate 3,165 3,247 — — Construction & land development 55 67 — — Commercial & industrial 629 — — — Lease financing receivables — — — — Home equity 769 1,217 — — Consumer: Credit cards — — — — Overdrafts — — — — Automobile loans 98 68 — — Other consumer 24 32 5 19 Total Traditional Banking 17,015 14,118 5 19 Warehouse lines of credit — — — — Total Core Banking 17,015 14,118 5 19 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — Other TRS loans — — — — Republic Credit Solutions — — 249 937 Total Republic Processing Group — — 249 937 Total $ 17,015 $ 14,118 $ 254 $ 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 September 30, 2018 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent** Current Total Traditional Banking: Residential real estate: Owner occupied $ 2,182 $ 2,161 $ 3,121 $ 7,464 $ 905,764 $ 913,228 Owner occupied - correspondent — — — — 99,096 99,096 Nonowner occupied 29 501 73 603 231,703 232,306 Commercial real estate 225 — 1,217 1,442 1,213,362 1,214,804 Construction & land development 332 — — 332 173,711 174,043 Commercial & industrial 28 — — 28 387,738 387,766 Lease financing receivables — 15,229 15,229 Home equity 1,010 229 180 1,419 331,271 332,690 Consumer: Credit cards 62 81 — 143 19,008 19,151 Overdrafts 251 7 1 259 724 983 Automobile loans 31 — 61 92 62,087 62,179 Other consumer 44 8 6 58 38,882 38,940 Total Traditional Banking 4,194 2,987 4,659 11,840 3,478,575 3,490,415 Warehouse lines of credit — — — — 560,814 560,814 Total Core Banking 4,194 2,987 4,659 11,840 4,039,389 4,051,229 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — Other TRS loans — — — — 292 292 Republic Credit Solutions 4,703 1,034 249 5,986 78,688 84,674 Total Republic Processing Group 4,703 1,034 249 5,986 78,980 84,966 Total $ 8,897 $ 4,021 $ 4,908 $ 17,826 $ 4,118,369 $ 4,136,195 Delinquency ratio*** 0.22 % 0.10 % 0.12 % 0.43 % * 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. 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) September 30, 2018 December 31, 2017 Loans with no allocated Allowance $ 20,134 $ 18,540 Loans with allocated Allowance 25,104 27,076 Total recorded investment in impaired loans $ 45,238 $ 45,616 Amount of the allocated Allowance $ 4,049 $ 4,685 Approximately $3 million and $4 million of impaired loans at September 30, 2018 and December 31, 2017 were PCI loans. Approximately $2 million and $2 million of impaired loans at September 30, 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 September 30, 2018 and December 31, 2017: Allowance for Loan and Lease Losses Loans Individually PCI with Individually PCI with PCI without September 30, 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 $ 2,277 $ 3,411 $ 183 $ 5,871 $ 26,991 $ 884,547 $ 1,690 $ — $ 913,228 0.64 % Owner occupied - correspondent — 248 — 248 386 98,710 — — 99,096 0.25 Nonowner occupied 8 1,585 — 1,593 2,592 229,714 — — 232,306 0.69 Commercial real estate 374 9,618 11 10,003 9,006 1,204,659 1,137 2 1,214,804 0.82 Construction & land development 62 2,606 — 2,668 123 173,920 — — 174,043 1.53 Commercial & industrial 20 2,508 — 2,528 1,048 386,698 — 20 387,766 0.65 Lease financing receivables — 160 — 160 — 15,229 — — 15,229 1.05 Home equity 402 3,116 104 3,622 1,482 331,100 108 — 332,690 1.09 Consumer: Credit cards — 868 — 868 — 19,151 — — 19,151 4.53 Overdrafts — 983 — 983 — 983 — — 983 100.00 Automobile loans 156 613 — 769 156 62,023 — — 62,179 1.24 Other consumer 431 258 3 692 468 38,469 3 — 38,940 1.78 Total Traditional Banking 3,730 25,974 301 30,005 42,252 3,445,203 2,938 22 3,490,415 0.86 Warehouse lines of credit — 1,402 — 1,402 — 560,814 — — 560,814 0.25 Total Core Banking 3,730 27,376 301 31,407 42,252 4,006,017 2,938 22 4,051,229 0.78 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — — — — Other TRS loans — 75 — 75 — 292 — — 292 25.68 Republic Credit Solutions 18 12,324 — 12,342 48 84,626 — — 84,674 14.58 Total Republic Processing Group 18 12,399 — 12,417 48 84,918 — — 84,966 14.61 Total $ 3,748 $ 39,775 $ 301 $ 43,824 $ 42,300 $ 4,090,935 $ 2,938 $ 22 $ 4,136,195 1.06 % 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 September 30, 2018 and December 31, 2017 and for the three and nine months ended September 30, 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 Nine Months Ended September 30, 2018 September 30, 2018 September 30, 2018 Cash Basis Cash Basis Unpaid Average Interest Interest Average Interest Interest Principal Recorded Allocated Recorded Income Income Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 11,013 $ 10,428 $ — $ 11,098 $ 55 $ — $ 10,839 $ 165 $ — Owner occupied - correspondent 386 386 — 388 — — 290 — — Nonowner occupied 2,874 2,495 — 2,572 22 — 2,399 65 — Commercial real estate 6,388 5,314 — 5,489 31 — 4,996 88 — Construction & land development — — — — — — 267 — — Commercial & industrial 1,136 1,028 — 852 7 — 609 23 — Lease financing receivables — — — — — — — — — Home equity 461 444 — 589 2 — 708 6 — Consumer 39 39 — 55 1 — 47 2 — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 18,315 18,253 2,460 18,094 152 — 18,467 448 — Owner occupied - correspondent — — — — — — — — — Nonowner occupied 108 97 8 83 1 — 211 3 — Commercial real estate 4,829 4,829 385 5,368 53 — 5,922 160 — Construction & land development 123 123 62 126 1 — 132 2 — Commercial & industrial 20 20 20 64 — — 126 1 — Lease financing receivables — — — — — — — — — Home equity 1,147 1,146 506 1,134 10 — 968 29 — Consumer 636 636 608 648 6 — 684 18 — Total impaired loans $ 47,475 $ 45,238 $ 4,049 $ 46,560 $ 341 $ — $ 46,665 $ 1,010 $ — As of Three Months Ended Nine Months Ended December 31, 2017 September 30, 2017 September 30, 2017 Cash Basis Cash Basis Unpaid Average Interest Interest Average Interest Interest Principal Recorded Allocated Recorded Income Income Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 11,664 $ 10,789 $ — $ 11,166 $ 39 $ — $ 11,713 $ 117 $ — Owner occupied - correspondent — — — — — — — — — Nonowner occupied 1,784 1,704 — 1,494 23 — 1,444 62 — Commercial real estate 5,504 4,430 — 5,127 19 — 5,140 58 — Construction & land development 591 591 — 597 7 — 537 22 — Commercial & industrial 20 20 — 195 — — 128 1 — Lease financing receivables — — — — — — — — — Home equity 1,071 981 — 1,213 2 — 1,281 10 — Consumer 25 25 — 92 2 — 67 5 — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 18,676 18,654 2,681 20,682 177 — 20,943 529 — Owner occupied - correspondent — — — — — — — — — Nonowner occupied 361 358 6 410 5 — 450 15 — Commercial real estate 6,124 6,124 455 4,895 66 — 5,819 196 — Construction & land development 142 142 107 149 1 — 275 3 — Commercial & industrial 288 288 288 230 2 — 308 7 — Lease financing receivables — — — — — — — — — Home equity 743 743 536 834 — — 820 11 — Consumer 767 767 612 349 2 — 206 8 — Total impaired loans $ 47,760 $ 45,616 $ 4,685 $ 47,433 $ 345 $ — $ 49,131 $ 1,044 $ — 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 September 30, 2018 and December 31, 2017, $10 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 September 30, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 64 $ 7,538 163 $ 17,848 227 $ 25,386 Commercial real estate 3 1,262 14 6,392 17 7,654 Construction & land development 1 54 1 68 2 122 Commercial & industrial 2 629 3 410 5 1,039 Consumer 1 41 281 471 282 512 Total troubled debt restructurings 71 $ 9,524 462 $ 25,189 533 $ 34,713 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 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 September 30, 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 September 30, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — 1 $ 1,200 1 $ 1,200 Rate reduction 148 16,594 16 2,188 164 18,782 Principal deferral 10 1,248 5 2,181 15 3,429 Legal modification 38 1,651 9 324 47 1,975 Total residential TDRs 196 19,493 31 5,893 227 25,386 Commercial related and construction/land development loans: Interest only payments 2 768 — — 2 768 Rate reduction 8 3,076 — — 8 3,076 Principal deferral 14 4,971 — — 14 4,971 Total commercial TDRs 24 8,815 — — 24 8,815 Consumer loans: Rate reduction 1 16 — — 1 16 Principal deferral 279 436 — — 279 436 Legal modification — — 2 60 2 60 Total consumer TDRs 280 452 2 60 282 512 Total troubled debt restructurings 500 $ 28,760 33 $ 5,953 533 $ 34,713 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 2 $ 463 — $ — 2 $ 463 Rate reduction 161 18,777 17 1,902 178 20,679 Principal deferral 14 1,455 2 121 16 1,576 Legal modification 42 1,997 7 400 49 2,397 Total residential TDRs 219 22,692 26 2,423 245 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 1,068 $ 30,781 29 $ 3,856 1,097 $ 34,637 As of September 30, 2018 and December 31, 2017, 83% and 89% of the Bank’s TDRs were performing according to their modified terms. The Bank provided $3 million and $4 million of specific reserve allocations to clients whose loan terms have been modified in TDRs as of September 30, 2018 and December 31, 2017. The Bank had no commitments to lend any additional material amounts to its existing TDR relationships at September 30, 2018 or December 31, 2017. A summary of the categories of TDR loan modifications by respective performance as of September 30, 2018 and 2017 that were modified during the three months ended September 30, 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 September 30, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Legal modification — $ — 1 $ 18 1 $ 18 Total residential TDRs — — 1 18 1 18 Commercial related and construction/land development loans: Principal deferral 2 433 — 1 2 434 Total commercial TDRs 2 433 — 1 2 434 Consumer loans: Legal modification — — 2 60 2 60 Total consumer TDRs — — 2 60 2 60 Total troubled debt restructurings 2 $ 433 3 $ 79 5 $ 512 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 September 30, 2017 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Principal deferral 7 $ 701 — $ — 7 $ 701 Legal modification 6 337 1 131 7 468 Total residential TDRs 13 1,038 1 131 14 1,169 Commercial related and construction/land development loans: Principal deferral 1 242 — — 1 242 Total commercial TDRs 1 242 — — 1 242 Total troubled debt restructurings 14 $ 1,280 1 $ 131 15 $ 1,411 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 September 30, 2018 and 2017, 85% and 91% of the Bank’s TDRs that occurred during the third quarters of 2018 and 2017 were performing according to their modified terms. The Bank provided approximately $78,000 and $155,000 in specific reserve allocations to clients whose loan terms were modified in TDRs during the third quarters of 2018 and 2017. There was no significant change between the pre and post modification loan balances for the three months ending September 30, 2018 and 2017. A summary of the categories of TDR loan modifications by respective performance as of September 30, 2018 and 2017 that were modified during the nine months ended September 30, 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 September 30, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — 1 $ 1,200 1 $ 1,200 Rate reduction 1 386 1 85 2 471 Principal deferral 1 15 3 2,151 4 2,166 Legal modification 6 90 3 190 9 280 Total residential TDRs 8 491 8 3,626 16 4,117 Commercial related and construction/land development loans: Principal deferral 5 1,071 — — 5 1,071 Total commercial TDRs 5 1,071 — — 5 1,071 Consumer loans: Principal deferral 1 54 — — 1 54 Legal modification — — 2 60 2 60 Total consumer TDRs 1 54 2 60 3 114 Total t

DEPOSITS

DEPOSITS	9 Months Ended
	Sep. 30, 2018
DEPOSITS
DEPOSITS	5. DEPOSITS The following table presents ending deposit balances at September 30, 2018 and December 31, 2017: (in thousands) September 30, 2018 December 31, 2017 Core Bank: Demand $ 932,474 $ 944,812 Money market accounts 662,122 546,998 Savings 191,619 182,800 Individual retirement accounts(1) 52,447 47,982 Time deposits, $250 and over(1) 81,197 77,891 Other certificates of deposit(1) 229,074 189,661 Reciprocal money market and time deposits(1)(2) 292,103 373,242 Brokered deposits(1) 21,770 46,089 Total Core Bank interest-bearing deposits 2,462,806 2,409,475 Total Core Bank noninterest-bearing deposits 1,056,916 988,537 Total Core Bank deposits 3,519,722 3,398,012 Republic Processing Group ("RPG"): Money market accounts 418 1,641 Total RPG interest-bearing deposits 418 1,641 Brokered prepaid card deposits 4,207 1,509 Other noninterest-bearing deposits 42,338 31,996 Total RPG noninterest-bearing deposits 46,545 33,505 Total RPG deposits 46,963 35,146 Total deposits $ 3,566,685 $ 3,433,158 (1) Represents a time deposit. (2) Prior to June 2018, reciprocal deposits were classified as “brokered deposits.” The Economic Growth, Regulatory Relief, and Consumer Protection Act, enacted in May 2018, provides that most reciprocal deposits are no longer classified as brokered deposits if the Bank meets certain regulatory criteria. (3)

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	9 Months Ended
	Sep. 30, 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 September 30, 2018 and December 31, 2017, all securities sold under agreements to repurchase had overnight maturities. The following tables present additional information regarding securities sold under agreements to repurchase: (dollars in thousands) September 30, 2018 December 31, 2017 Outstanding balance at end of period $ 163,768 $ 204,021 Weighted average interest rate at end of period 0.74 % 0.31 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 169,179 $ 71,824 Mortgage backed securities - residential 35,080 83,452 Collateralized mortgage obligations 22,506 84,693 Total securities pledged $ 226,765 $ 239,969 Three Months Ended Nine Months Ended September 30, September 30, (dollars in thousands) 2018 2017 2018 2017 Average outstanding balance during the period $ 213,195 $ 208,160 $ 216,070 $ 202,018 Average interest rate during the period 0.59 % 0.31 % % 0.22 % Maximum outstanding at any month end during the period $ 163,768 $ 173,311 $ 215,281 $ 183,709

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	9 Months Ended
	Sep. 30, 2018
FEDERAL HOME LOAN BANK ADVANCES
FEDERAL HOME LOAN BANK ADVANCES	7. FEDERAL HOME LOAN BANK ADVANCES At September 30, 2018 and December 31, 2017, FHLB advances were as follows: (dollars in thousands) September 30, 2018 December 31, 2017 Overnight advances $ 395,000 $ 330,000 Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% 10,000 10,000 Fixed interest rate advances 310,000 397,500 Total FHLB advances $ 715,000 $ 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 September 30, 2018 and December 31, 2017, Republic had available borrowing capacity of $347 million and $347 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 September 30, 2018 and December 31, 2017. As of September 30, 2018, 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 Remainder of 2018 (Overnight) $ 395,000 2.21 % Remainder of 2018 (Term) 40,000 1.94 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 $ 715,000 2.05 % Due to their short term, 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) September 30, 2018 December 31, 2017 Outstanding balance at end of period $ 395,000 $ 330,000 Weighted average interest rate at end of period 2.21 % 1.42 % Three Months Ended Nine Months Ended September 30, September 30, (dollars in thousands) 2018 2017 2018 2017 Average outstanding balance during the period $ 229,185 $ 224,402 $ 200,421 $ 149,707 Average interest rate during the period 2.02 % 1.17 % 1.84 % 1.03 % Maximum outstanding at any month end during the period $ 395,000 $ 350,000 $ 560,000 $ 625,000 The following table illustrates real estate loans pledged to collateralize advances and letters of credit with the FHLB: (in thousands) September 30, 2018 December 31, 2017 First lien, single family residential real estate $ 1,128,563 $ 1,123,402 Home equity lines of credit 310,561 320,649

OFF BALANCE SHEET RISKS, COMMIT

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	9 Months Ended
	Sep. 30, 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) September 30, 2018 December 31, 2017 Unused warehouse lines of credit $ 451,686 $ 525,328 Unused home equity lines of credit 380,320 367,887 Unused loan commitments - other 641,978 598,002 Standby letters of credit 6,813 12,643 FHLB letter of credit 10,000 10,000 Total commitments $ 1,490,797 $ 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	9 Months Ended
	Sep. 30, 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 September 30, 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 investment/sale, at fair value: From the first quarter of 2016 through the first quarter of 2018, the Bank continued to pilot a consumer installment-loan product across the United States using a third-party marketer/service. As part of the program, the Bank sold 100% of the balances generated through the program back to the third-party marketer/servicer approximately 21 days after origination. The Bank carried all unsold loans under the program as “held for sale” on the its balance sheet. At the initiation of this program in 2016, the Bank elected to carry these loans at fair value under a fair-value option, with the portfolio thereafter marked to market on a monthly basis. During the second quarter of 2018, the Bank and its third-party marketer/service provider suspended the origination of any new loans, and the subsequent sale of all recently-originated loans under this program, while the two parties evaluate the future offering of this product due to changes in the applicable state law impacting the product. Concurrent with the suspension of this program, the Bank reclassified approximately $2.2 million of these loans from held for sale on the balance sheet into the held for investment category and revalued these loans accordingly. Through the first quarter of 2018, the fair value for these loans was based on contractual sales terms, which are classified as Level 3 inputs. As of September 30, 2018, the fair value of these loans was based on the discounted cash flows of the underlying loans, which are also classified as Level 3 inputs. From the fourth quarter of 2015 through the first quarter of 2018, the Bank continued to pilot a credit-card product to generally subprime borrowers across the United States through one third-party marketer/servicer. For outstanding cards, RCS sold 90% of the balances generated within two business days of each transaction occurrence to its third-party marketer/servicer and retained the remaining 10% interest. During the second quarter of 2018, the Bank and its third-party marketer/servicer discontinued the marketing of the product to potential new clients, as the two parties deliberated the future direction of the program. During the third quarter of 2018, the Bank and its third-party marketer/servicer reached an agreement in concept to sell 100% of the existing portfolio to an unrelated third party. As a result, the Bank reclassified its 10% interest with a book value of $3.5 million into a held-for-sale category and charged the entire RCS credit-card portfolio down to its estimated net realizable value of $1.5 million. 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 is 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 September 30, 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 September 30, 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 $ — $ 235,638 $ — $ 235,638 Private label mortgage backed security — — 3,849 3,849 Mortgage backed securities - residential — 115,942 — 115,942 Collateralized mortgage obligations — 75,365 — 75,365 Corporate bonds — 10,080 — 10,080 Trust preferred security — — 4,250 4,250 Total available-for-sale debt securities $ — $ 437,025 $ 8,099 $ 445,124 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 332 $ — $ 332 Community Reinvestment Act mutual fund 2,385 — — 2,385 Total equity securities with readily determinable fair value $ 2,385 $ 332 $ — $ 2,717 Mortgage loans held for sale $ — $ 7,862 $ — $ 7,862 Consumer loans held for investment — — 2,097 2,097 Rate lock loan commitments — 348 — 348 Mandatory forward contracts — 113 — 113 Interest rate swap agreements — 2,658 — 2,658 Financial liabilities: Interest rate swap agreements — 2,383 — 2,383 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 and nine months ended September 30, 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 September 30, 2018 and 2017: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ 3,926 $ 4,540 $ 4,449 $ 4,777 Total gains or losses included in earnings: Net change in unrealized gain (2) 90 (19) 244 Recovery of actual losses previously recorded 39 — 114 — Principal paydowns (114) (55) (695) (446) Balance, end of period $ 3,849 $ 4,575 $ 3,849 $ 4,575 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 September 30, 2018 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage backed security $ 3,849 Discounted cash flow (1) Constant prepayment rate 2.0% - 9.0% (2) Probability of default 1.8% - 4.0% (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 and nine months ended September 30, 2018 and 2017: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ 4,150 $ 3,453 $ 3,600 $ 3,200 Total gains or losses included in earnings: Discount accretion 10 11 30 33 Net change in unrealized gain 90 36 620 267 Balance, end of period $ 4,250 $ 3,500 $ 4,250 $ 3,500 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 September 30, 2018 and December 31, 2017. As of September 30, 2018, and December 31, 2017, the aggregate fair value, contractual balance, and unrealized gain was as follows: (in thousands) September 30, 2018 December 31, 2017 Aggregate fair value $ 7,862 $ 5,761 Contractual balance 7,736 5,668 Unrealized gain 126 93 The total amount of gains and losses from changes in fair value included in earnings for the three and nine months ended September 30, 2018 and 2017 for mortgage loans held for sale are presented in the following table: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Interest income $ 133 $ 102 $ 308 $ 255 Change in fair value (110) (102) 33 9 Total included in earnings $ 23 $ — $ 341 $ 264 Consumer Loans Held for Investment/Sale Prior to the second quarter of 2018, all consumer installment loans originated through RCS were originated with the intent to sale and carried at fair value. During the second quarter of 2018, approximately $2 million of these loans were transferred from the held for sale category into the held for investment category and recorded at their fair market value as of the date of transfer. Interest income for these loans 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 September 30, 2018 and December 31, 2017. A reconciliation of the Company’s consumer loans measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three and nine months ended September 30, 2018 and 2017 is included in Footnote 3 of this section of the filing. Prior to the second quarter of 2018, the significant unobservable inputs in the fair value measurement of the Bank’s consumer loans were the net contractual premiums and level of loans sold at a discount price. As of September 30, 2018, the significant unobservable inputs in the fair value measurement of the Bank’s consumer loans were the constant prepayment rate, probability of default, and loss severity for these loans under a discounted-cash-flow model. Significant fluctuations in any of these 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 consumer loans as of September 30, 2018 and December 31, 2017: Fair Valuation September 30, 2018 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for investment $ 2,097 Discounted Cash Flows (1) Constant prepayment rate 15.0% (2) Probability of default 45.0% (3) Loss severity 11.5% Fair Valuation December 31, 2017 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 2,677 Contractual Sales Terms (1) Net Premium 0.9% (2) Discounted Sales 5.0% As of September 30, 2018 and December 31, 2017, the aggregate fair value, contractual balance, and unrealized (loss) gain on consumer loans held for investment/sale, at fair value, were as follows: (in thousands) September 30, 2018 December 31, 2017 Aggregate fair value $ 2,097 $ 2,677 Contractual balance 2,361 2,535 Unrealized (loss) gain (264) 142 The total amount of net (losses) gains from changes in fair value included in earnings for the three and nine months ended September 30, 2018 and 2017 for consumer loans held for investment/sale, at fair value, are presented in the following table: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Interest income $ 130 $ 240 $ 457 $ 748 Change in fair value 21 7 (406) 65 Total included in earnings $ 151 $ 247 $ 51 $ 813 Assets measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements at September 30, 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 Consumer loans held for sale $ — $ — $ 1,519 $ 1,519 Impaired loans: Residential real estate: Owner occupied $ — $ — $ 4,040 $ 4,040 Nonowner occupied — — 1,083 1,083 Commercial real estate — — 1,230 1,230 Commercial & industrial — — 666 666 Home equity — — 51 51 Total impaired loans* $ — $ — $ 7,070 $ 7,070 Premises $ — $ — $ 2,607 $ 2,607 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 September 30, 2018 (dollars in thousands) Value Technique Inputs Average) Consumer loans held for sale $ 1,519 Sales comparison approach Adjustments determined for differences between comparable sales 6% (6%) Impaired loans - residential real estate owner occupied $ 4,040 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 77% (13%) Impaired loans - residential real estate nonowner occupied $ 1,083 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 27% (14%) Impaired loans - commercial real estate $ 70 Sales comparison approach Adjustments determined for differences between comparable sales 21% (21%) Impaired loans - commercial real estate $ 1,160 Income approach Adjustments for differences between net operating income expectations 17% (17%) Impaired loans - commercial & industrial $ 666 Sales comparison approach Adjustments determined for differences between comparable sales 3% (3%) Impaired loans - home equity $ 51 Sales comparison approach Adjustments determined for differences between comparable sales 5% - 53% (42%) Premises $ 2,607 Sales comparison approach Adjustments determined for differences between comparable sales 21% - 71% (32%) 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%) Consumer Loans Held for Sale From the fourth quarter of 2015 through the first quarter of 2018, the Bank continued to pilot a credit-card product to generally subprime borrowers across the United States through one third-party marketer/servicer. For outstanding cards, RCS sold 90% of the balances generated within two business days of each transaction occurrence to its third-party marketer/servicer and retained the remaining 10% interest. During the second quarter of 2018, the Bank and its third-party marketer/servicer discontinued the marketing of the product to potential new clients, as the two parties deliberated the future direction of the program. During the third quarter of 2018, the Bank and its third-party marketer/servicer reached an agreement in concept to sell 100% of the existing portfolio to an unrelated third party. As a result, the Bank reclassified its 10% interest with a book value of $3.5 million into a held-for-sale category and charged the entire RCS credit-card portfolio down to its estimated net realizable value of $1.5 million. Details of consumer loans held for sale follow: (in thousands) September 30, 2018 December 31, 2017 Carrying amount of loans measured at fair value $ 3,592 $ — Estimated discount for loan losses (2,073) — Total fair value $ 1,519 $ — 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) September 30, 2018 December 31, 2017 Carrying amount of loans measured at fair value $ 6,771 $ 5,358 Estimated selling costs considered in carrying amount 709 752 Valuation allowance (410) (7) Total fair value $ 7,070 $ 6,103 Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Provisions on collateral-dependent, impaired loans $ 117 $ 59 $ 901 $ 281 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) September 30, 2018 December 31, 2017 Other real estate owned carried at fair value $ — $ 83 Other real estate owned carried at cost 70 32 Total carrying value of other real estate owned $ 70 $ 115 Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Other real estate owned write-downs during the period $ — $ 76 $ — $ 155 Premises The Company’s Traditional Banking segment classified four of its former banking centers as held for sale as of September 30, 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 Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Impairment charges on premises $ 126 $ 965 $ 356 $ 1,082 The carrying amounts and estimated exit-price fair values of financial instruments at September 30, 2018 and December 31, 2017 follow: Fair Value Measurements at September 30, 2018: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 365,512 $ 365,512 $ — $ — $ 365,512 Available-for-sale debt securities 445,124 — 437,025 8,099 445,124 Held-to-maturity debt securities 65,925 — 66,667 — 66,667 Equity securities with readily determinable fair values 2,717 2,385 332 — 2,717 Mortgage loans held for sale, at fair value 7,862 — 7,862 — 7,862 Consumer loans held for sale, at the lower of cost or fair value 21,037 — 21,037 — 21,037 Loans, net 4,092,371 — — 4,035,387 4,035,387 Federal Home Loan Bank stock 32,067 — — — NA Accrued interest receivable 13,696 — 13,696 — 13,696 Rate lock loan commitments 348 — 348 — 348 Community Reinvestment Act mutual fund 113 — 113 — 113 Interest rate swap agreements 2,658 — 2,658 — 2,658 Liabilities: Noninterest-bearing deposits $ 1,103,461 — $ 1,103,461 — $ 1,103,461 Transaction deposits 2,051,907 — 2,051,907 — 2,051,907 Time deposits 411,317 — 404,562 — 404,562 Securities sold under agreements to repurchase and other short-term borrowings 163,768 — 163,768 — 163,768 Federal Home Loan Bank advances 715,000 — 707,306 — 707,306 Subordinated note 41,240 — 31,832 — 31,832 Accrued interest payable 1,106 — 1,106 — 1,106 Interest rate swap agreements 2,383 — 2,383 — 2,383 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 — 516,254 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 Rate lock loan commitments 310 — 310 — 310 Interest rate swap agreements 312 — 312 — 312 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 Mandatory forward contracts 9 — 9 — 9 Interest rate swap agreements 403 — 403 — 403 NA - Not applicable

MORTGAGE BANKING ACTIVITIES

MORTGAGE BANKING ACTIVITIES	9 Months Ended
	Sep. 30, 2018
MORTGAGE BANKING ACTIVITIES
MORTGAGE BANKING ACTIVITIES	10. MORTGAGE BANKING ACTIVITIES Mortgage Banking activities primarily include residential mortgage originations and servicing. The following table presents activity for mortgage loans held for sale, at fair value: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ 12,653 $ 6,057 $ 5,761 $ 11,662 Origination of mortgage loans held for sale 49,149 43,489 133,273 119,265 Proceeds from the sale of mortgage loans held for sale (55,063) (46,428) (134,157) (130,065) Net gain on sale of mortgage loans held for sale 1,123 965 2,985 3,221 Balance, end of period $ 7,862 $ 4,083 $ 7,862 $ 4,083 The following table presents the components of Mortgage Banking income: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Net gain realized on sale of mortgage loans held for sale $ 1,093 $ 1,161 $ 2,791 $ 3,275 Net change in fair value recognized on loans held for sale (110) (102) 33 9 Net change in fair value recognized on rate lock loan commitments (84) (98) 38 185 Net change in fair value recognized on forward contracts 224 4 123 (248) Net gain recognized 1,123 965 2,985 3,221 Loan servicing income 598 527 1,803 1,590 Amortization of mortgage servicing rights (361) (390) (1,092) (1,104) Net servicing income recognized 237 137 711 486 Total Mortgage Banking income $ 1,360 $ 1,102 $ 3,696 $ 3,707 The following table presents activity for capitalized mortgage servicing rights: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ 4,915 $ 5,158 $ 5,044 $ 5,180 Additions 372 360 974 1,052 Amortized to expense (361) (390) (1,092) (1,104) Balance, end of period $ 4,926 $ 5,128 $ 4,926 $ 5,128 There was no balance or activity in the valuation allowance for capitalized mortgage servicing rights for the three and nine months ended September 30, 2018 and 2017. The following table presents other information for mortgage servicing rights: (in thousands) September 30, 2018 December 31, 2017 Fair value of mortgage servicing rights portfolio $ 9,666 $ 7,984 Monthly weighted average prepayment rate of unpaid principal balance* 167 % 200 % Discount rate 10 % 10 % Weighted average default rate 4 % 3.75 % Weighted average life in years 6.15 * 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: September 30, 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 $ 7,736 $ 7,862 $ 5,668 $ 5,761 Included in other assets: Rate lock loan commitments $ 21,225 $ 348 $ 14,696 $ 310 Mandatory forward contracts 22,989 113 — — Included in other liabilities: Mandatory forward contracts $ — $ — $ 17,159 $ 9

INTEREST RATE SWAPS

INTEREST RATE SWAPS	9 Months Ended
	Sep. 30, 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 September 30, 2018 and December 31, 2017: September 30, 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 $ 139 $ 110 $ (60) $ (25) Interest rate swap on FHLB advance 10,000 2.33 % 3M LIBOR 12/2013 - 12/2020 136 107 (31) (48) Total $ 20,000 $ 275 $ 217 $ (91) $ (73) The following table reflects the total interest expense recorded on these swap transactions in the consolidated statements of income for the three and nine months ended September 30, 2018 and 2017: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Interest rate swap on money market deposits $ (1) $ 27 $ 22 $ 87 Interest rate swap on FHLB advance 2 24 14 88 Total interest expense on swap transactions $ 1 $ 51 $ 36 $ 175 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 and nine months ended September 30, 2018 and 2017: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Gains (losses) recognized in OCI on derivative (effective portion) $ 54 $ 9 $ 330 $ (67) Losses reclassified from OCI on derivative (effective portion) (1) (51) (36) (175) Gains (losses) recognized in income on derivative (ineffective portion) — — — — The estimated net amount of the existing losses reported in AOCI at September 30, 2018 expected to be reclassified into earnings within the next 12 months is considered immaterial . 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. The following table presents a summary of the Bank’s interest rate swaps related to clients as of September 30, 2018 and December 31, 2017: September 30, 2018 December 31, 2017 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 12,654 $ 192 $ 48,942 $ 312 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed 60,132 (2,383) 12,477 (228) Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 72,786 $ (2,191) $ 61,419 $ 84 Offsetting interest rate swaps with institutional swap dealer Pay fixed/receive variable 72,786 2,191 61,419 (84) Total $ 145,572 $ — $ 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 at December 31, 2017, with no collateral pledged as of September 30, 2018.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 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 Nine Months Ended September 30, September 30, (in thousands, except per share data) 2018 2017 2018 2017 Net income $ 17,411 $ 10,706 $ 60,546 $ 40,794 Dividends declared on Common Stock: Class A Shares (4,517) (4,096) (13,552) (12,082) Class B Shares (487) (448) (1,468) (1,324) Undistributed net income for basic earnings per share 12,407 6,162 45,526 27,388 Weighted average potential dividends on Class A shares upon exercise of dilutive options (38) (18) (103) (51) Undistributed net income for diluted earnings per share $ 12,369 $ 6,144 $ 45,423 $ 27,337 Weighted average shares outstanding: Class A Shares 18,748 18,885 18,722 18,678 Class B Shares 2,214 2,268 2,228 2,243 Effect of dilutive securities on Class A Shares outstanding 158 83 143 79 Weighted average shares outstanding including dilutive securities 21,120 21,236 21,093 21,000 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.24 $ 0.22 $ 0.73 $ 0.65 Undistributed earnings per share* 0.60 0.29 2.19 1.32 Total basic earnings per share - Class A Common Stock $ 0.84 $ 0.51 $ 2.92 $ 1.97 Class B Common Stock Per share dividends distributed $ 0.22 $ 0.20 $ 0.66 $ 0.59 Undistributed earnings per share* 0.54 0.27 1.99 1.20 Total basic earnings per share - Class B Common Stock $ 0.76 $ 0.47 $ 2.65 $ 1.79 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.24 $ 0.22 $ 0.73 $ 0.65 Undistributed earnings per share* 0.59 0.29 2.17 1.31 Total diluted earnings per share - Class A Common Stock $ 0.83 $ 0.51 $ 2.90 $ 1.96 Class B Common Stock: Per share dividends distributed $ 0.22 $ 0.20 $ 0.66 $ 0.59 Undistributed earnings per share* 0.54 0.27 1.98 1.19 Total diluted earnings per share - Class B Common Stock $ 0.76 $ 0.47 $ 2.64 $ 1.78 *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. The following table presents stock options excluded from the detailed earnings per share calculation because their impact was antidilutive: Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Antidilutive stock options 161,000 4,500 161,000 4,500 Average antidilutive stock options 29,033 3,833 9,811 1,667

STOCK PLANS AND STOCK BASED COM

STOCK PLANS AND STOCK BASED COMPENSATION	9 Months Ended
	Sep. 30, 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 fair value of stock options granted was determined using the following weighted average assumptions as of grant date: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Risk-free interest rate 3.00 % NA 3.00 % 2.07 % Expected dividend yield 2.01 % NA 2.01 % 2.41 % Expected stock price volatility 18.60 % NA 18.60 % 20.36 % Expected life of options (in years) 5 NA 5 5 Estimated fair value per share $ 8.13 $ — $ 8.13 $ 3.99 NA - Not applicable The following table summarizes stock option activity from January 1, 2017 through September 30, 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 160,500 48.26 Exercised (3,500) 24.10 Forfeited or expired (7,900) 24.47 Outstanding, September 30, 2018 444,100 $ 33.21 3.35 $ 6,072,538 Unvested 444,100 $ 33.21 3.35 $ 6,072,538 Exercisable (vested) at September 30, 2018 — $ — — $ — The following table presents information related to stock options: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2018 2017 2018 2017 Intrinsic value of options exercised $ 37 $ — $ 79 $ 44 Cash received from options exercised, net of shares redeemed 35 — 83 33 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 September 30, 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 38,323 38.64 Forfeited (1,500) 19.85 Earned and issued (2,323) 43.60 Outstanding, September 30, 2018 76,110 $ 29.31 Unvested 76,110 $ 29.31 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 Compensation Committee (the “Committee”) makes all determinations regarding the achievement of ROAA based on the Company’s audited financial statements and average assets as reported in the Company's Annual Report on Form 10-K with the Securities and Exchange Commission, and the determination of the Committee is final and binding on all parties. The Committee reserves the right, in its sole discretion, to adjust the calculation of ROAA downward for income or expense items that it considers to be infrequent or nonrecurring in nature. The following table summarizes PSU activity from January 1, 2017 through September 30, 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, September 30, 2018 48,500 $ 23.08 Expected to vest 48,500 $ 23.08 Expense Related to the 2015 Stock Incentive Plan 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. Grants to non-employee directors are included within director fees, a component of other noninterest expense. The Company recorded expense related to the 2015 Plan for the three and nine months ended September 30, 2018 and 2017 as follows: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Stock option expense $ 56 $ 65 $ 174 $ 191 Restricted stock award expense 132 81 450 373 Performance stock unit expense 53 127 106 364 Total expense $ 241 $ 273 $ 730 $ 928 As of September 30, 2018, unrecognized expenses related to unvested awards (net of estimated forfeitures) under the 2015 Plan are estimated as follows: Stock Restricted Year Ended (in thousands) Options Stock Awards Total Remainder of 2018 $ 132 $ 65 $ 197 2019 423 261 684 2020 323 261 584 2021 292 261 553 2022 250 237 487 2023 and beyond 109 135 244 Total $ 1,529 $ 1,220 $ 2,749 Deferred Compensation On April 19, 2018, the shareholders of Republic approved an amendment and restatement of the Non-Employee Director and Key Employee Deferred Compensation Plan (the “Plan”). Prior to the Plan’s 2018 amendment and restatement, only directors participated in the plan, with the 2018 amendment and restatement initiating key-employee participation. The Plan provides non-employee directors and designated key employees the ability to defer compensation and have those deferred amounts paid later in the form of Company Class A Common shares based on the shares that could have been acquired as the deferrals were made. The Company maintains a bookkeeping account for each director or key-employee participant, and at the end of each fiscal quarter, deferred compensation is converted to “stock units” equal to the amount of compensation deferred during the quarter divided by the quarter-end fair market value of the Company’s Class A Common stock. Stock units for each participant’s account are also credited with an amount equal to the cash dividends that would have been paid on the number of stock units in the account if the stock units were deemed to be outstanding shares of stock. Any dividends credited are converted into additional stock units at the end of the fiscal quarter in which the dividends were paid. DIRECTORS Members of the Board of Directors may defer board and committee fees from two to five years, with each director participant retaining a nonforfeitable interest in his or her deferred compensation account. The following table presents information on director deferred compensation under the Plan for the periods presented: Outstanding Weighted-Average Stock Market Price Units at Date of Deferral Outstanding, January 1, 2017 64,155 $ 22.94 Deferred fees and dividend equivalents converted to stock units 5,199 36.81 Stock units converted to Class A Common Shares (5,456) 22.84 Outstanding, December 31, 2017 63,898 $ 24.08 Outstanding, January 1, 2018 63,898 $ 24.08 Deferred fees and dividend equivalents converted to stock units 3,757 42.91 Stock units converted to Class A Common Shares (2,835) 23.94 Outstanding, September 30, 2018 64,820 $ 25.18 Vested 64,820 $ 25.18 KEY EMPLOYEES Designated key employees may defer a portion of their base salaries on a pre-tax basis under the Plan, with the Company matching employee deferrals up to a prescribed limit. With limited exception, the Company match amount remains unvested until December 31 st of the year that is five years from the beginning of the year that the Company match is made. The following table presents information on key employee deferred compensation under the Plan for the periods presented: Outstanding Weighted-Average Stock Market Price Units at Date of Deferral Outstanding, January 1, 2018 — $ — Deferred base salaries and dividend equivalents converted to stock units 3,092 45.73 Matching stock units credited 3,092 45.73 Stock units converted to Class A Common Shares — — Outstanding, September 30, 2018 6,184 $ 45.73 Vested 3,092 $ 45.73 Unvested 3,092 $ 45.73

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2018
INCOME TAXES
INCOME TAXES	14. INCOME TAXES The Tax Cuts and Jobs Act (“TCJA”) was enacted on December 22, 2017 and reduced the federal corporate tax rate from 35% to 21%, effective January 1, 2018. At December 31, 2017, except for a planned cost-segregation study, based on facts and circumstances known at that time, the Company believed it had substantially completed its accounting for the tax effects of the TCJA. During the second quarter of 2018, however, the Company began its cost-segregation study that was completed during the third quarter of 2018. The Company’s cost-segregation study assigned revised tax lives and methods for select fixed assets resulting from a detailed engineering-based analysis. The more detailed classification of fixed assets allowed the Company a large one-time recognition of additional depreciation expense for its 2017 federal tax return at a 35% income tax rate, as opposed to the TCJA rate of 21% it previously expected to receive for these deductions in the future. The Company also made the decision to adopt an automatic tax-accounting-method change related to deferred loan costs during the third quarter of 2018, as it was preparing its 2017 federal tax return. The Company’s tax-accounting-method change related to the immediate recognition of loan origination costs for income tax purposes, as opposed to the amortization of those costs over the life of the loan. The cost-segregation study and the change in tax-accounting-method did result in a further impact from the TCJA, as they affected the Company’s final 2017 federal tax return due October 15, 2018. In addition to the completed cost-segregation study and the change in the tax-accounting-method related to loan origination costs, the Company also completed a Research and Development (“R&D”) tax-credit study during the third quarter of 2018, which resulted in the recognition of R&D credits dating back to 2014. In total, these three tax-related items provided $2.8 million in federal income tax benefits for the three and nine months ended September 30, 2018, of which $2.6 million is considered nonrecurring in nature. The following table illustrates the difference between the Company’s effective tax rate and the federal rates for the three and nine months ended September 30, 2018 and 2017: Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Federal rate times financial statement income 21.00 % 35.00 % 21.00 % 35.00 % Effect of: SAB 118 related discrete items recorded during the third quarter of 2018* (12.36) — (3.21) — State taxes, net of federal benefit 1.59 1.41 1.55 0.64 General business tax credits (4.55) — (1.54) — Nontaxable income (0.86) (2.54) (0.92) (1.55) Other, net 4.54 0.17 1.23 (0.45) Effective tax rate 9.36 % 34.04 % 18.11 % 33.64 % *Discrete items include the impact of a cost-segregation study and a tax-accounting-method change related to the immediate recognition of loan origination costs.

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME	9 Months Ended
	Sep. 30, 2018
OTHER COMPREHENSIVE INCOME
OTHER COMPREHENSIVE INCOME	15. OTHER COMPREHENSIVE INCOME The following table presents OCI components and related tax effects: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Available-for-Sale Debt Securities: Change in unrealized (loss) gain on available-for-sale debt securities (2018), debt and equity securities (2017) $ (467) $ (237) $ (3,130) $ 892 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) 90 (19) 244 Net unrealized (losses) gains (469) (147) (3,577) 1,136 Tax effect 100 51 752 (399) Net of tax (369) (96) (2,825) 737 Cash Flow Hedges: Change in fair value of derivatives used for cash flow hedges 54 9 330 (67) Reclassification amount for net derivative losses realized in income 1 51 36 175 Net unrealized gains 55 60 366 108 Tax effect (12) (21) (76) (37) Net of tax 43 39 290 71 Total other comprehensive (loss) income components, net of tax $ (326) $ (57) $ (2,535) $ 808 The following table presents amounts reclassified out of each component of AOCI for the three and nine months ended September 30, 2018 and 2017: Amounts Reclassified from Accumulated Other Comprehensive Income Affected Line Items Three Months Ended Nine Months Ended in the Consolidated September 30, September 30, (in thousands) Statements of Income 2018 2017 2018 2017 Cash Flow Hedges: Interest rate swap on money market deposits Interest expense on deposits $ 1 $ (27) $ (22) $ (87) Interest rate swap on FHLB advance Interest expense on FHLB advances (2) (24) (14) (88) Total derivative losses on cash flow hedges Total interest expense (1) (51) (36) (175) Tax effect Income tax expense — 18 8 61 Net of tax Net income $ (1) $ (33) $ (28) $ (114) The following tables summarize AOCI balances, net of tax: 2018 (in thousands) December 31, 2017 Change September 30, 2018 Unrealized loss on available-for-sale debt securities and reclassification of equity securities $ (604) $ (2,810) $ (3,414) 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 (15) 1,078 Unrealized gain (loss) on cash flow hedges (73) 290 217 Total unrealized gain (loss) $ 416 $ (2,535) $ (2,119) 2017 (in thousands) December 31, 2016 Change September 30, 2017 Unrealized gain on available-for-sale debt and equity securities $ 237 $ 579 $ 816 Unrealized gain on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings 706 158 864 Unrealized gain (loss) on cash flow hedges (256) 71 (185) Total unrealized gain $ 687 $ 808 $ 1,495

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	9 Months Ended
	Sep. 30, 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 and nine months ended September 30, 2018 and 2017: Three Months Ended September 30, 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) $ 40,655 $ 4,414 $ 133 $ 45,202 $ 113 $ 7,718 $ 7,831 $ 53,033 Noninterest income: Service charges on deposit accounts 3,568 11 — 3,579 — — — 3,579 Net refund transfer fees — — — — 149 — 149 149 Mortgage banking income(1) — — 1,360 1,360 — — — 1,360 Interchange fee income 2,721 — — 2,721 22 14 36 2,757 Program fees(1) — — — — 93 1,593 1,686 1,686 Increase in cash surrender value of BOLI(1) 385 — — 385 — — — 385 Net gains (losses) on OREO 248 — — 248 — — — 248 Other 942 — 124 1,066 — 235 235 1,301 Total noninterest income 7,864 11 1,484 9,359 264 1,842 2,106 11,465 Total net revenue $ 48,519 $ 4,425 $ 1,617 $ 54,561 $ 377 $ 9,560 $ 9,937 $ 64,498 Net-revenue concentration(2) 74 % 7 % 3 % 84 % 1 % 15 % 16 % 100 % Three Months Ended September 30, 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) $ 37,396 $ 4,737 $ 102 $ 42,235 $ 60 $ 6,012 $ 6,072 $ 48,307 Noninterest income: Service charges on deposit accounts 3,384 11 — 3,395 — — — 3,395 Net refund transfer fees — — — — 177 — 177 177 Mortgage banking income(1) — — 1,102 1,102 — — — 1,102 Interchange fee income 2,432 — — 2,432 16 27 43 2,475 Program fees(1) — — — — 63 1,534 1,597 1,597 Increase in cash surrender value of BOLI(1) 394 — — 394 — — — 394 Net gains (losses) on OREO 31 — — 31 — — — 31 Other 889 — 65 954 — 249 249 1,203 Total noninterest income 7,130 11 1,167 8,308 256 1,810 2,066 10,374 Total net revenue $ 44,526 $ 4,748 $ 1,269 $ 50,543 $ 316 $ 7,822 $ 8,138 $ 58,681 Net-revenue concentration(2) 76 % 8 % 2 % 86 % 1 % 13 % 14 % 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. Nine Months Ended September 30, 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) $ 118,191 $ 12,169 $ 308 $ 130,668 $ 19,127 $ 21,987 $ 41,114 $ 171,782 Noninterest income: Service charges on deposit accounts 10,678 30 — 10,708 — — — 10,708 Net refund transfer fees — — — — 19,974 — 19,974 19,974 Mortgage banking income(1) — — 3,696 3,696 — — — 3,696 Interchange fee income 8,052 — — 8,052 210 53 263 8,315 Program fees(1) — — — — 276 4,429 4,705 4,705 Increase in cash surrender value of BOLI(1) 1,135 — — 1,135 — — — 1,135 Net gains (losses) on OREO 700 — — 700 — — — 700 Other 2,026 — 211 2,237 1,002 834 1,836 4,073 Total noninterest income 22,591 30 3,907 26,528 21,462 5,316 26,778 53,306 Total net revenue $ 140,782 $ 12,199 $ 4,215 $ 157,196 $ 40,589 $ 27,303 $ 67,892 $ 225,088 Net-revenue concentration* 63 % 5 % 2 % 70 % 18 % 12 % 30 % 100 % Nine Months Ended September 30, 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) $ 103,490 $ 13,073 $ 255 $ 116,818 $ 15,179 $ 15,885 $ 31,064 $ 147,882 Noninterest income: Service charges on deposit accounts 10,044 27 — 10,071 (39) — (39) 10,032 Net refund transfer fees — — — — 18,329 — 18,329 18,329 Mortgage banking income(1) — — 3,707 3,707 — — — 3,707 Interchange fee income 7,106 — — 7,106 187 55 242 7,348 Program fees(1) — — — — 103 3,869 3,972 3,972 Increase in cash surrender value of BOLI(1) 1,178 — — 1,178 — — — 1,178 Net gains (losses) on OREO 397 — 25 422 — — — 422 Other 1,893 — 167 2,060 4 1,172 1,176 3,236 Total noninterest income 20,618 27 3,899 24,544 18,584 5,096 23,680 48,224 Total net revenue $ 124,108 $ 13,100 $ 4,154 $ 141,362 $ 33,763 $ 20,981 $ 54,744 $ 196,106 Net-revenue concentration* 63 % 7 % 2 % 72 % 17 % 11 % 28 % 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 Net Spend 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 write-downs 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 write-downs 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	9 Months Ended
	Sep. 30, 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 September 30, 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. The table below provides the nature of segment operations and the primary drivers of net revenues by reportable segment: 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. Republic evaluates segment performance using operating income. The Company allocates goodwill to the Traditional Banking segment. Republic generally allocates income taxes based on income before income tax expense unless Republic can reasonably make specific segment allocations. The Company makes transactions among reportable segments at carrying value. Segment information for the three and nine months ended September 30, 2018 and 2017 follows: Three Months Ended September 30, 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 $ 40,655 $ 4,414 $ 133 $ 45,202 $ 113 $ 7,718 $ 7,831 $ 53,033 Provision for loan and lease losses 696 (183) — 513 (1,028) 4,592 3,564 4,077 Net refund transfer fees — — — — 149 — 149 149 Mortgage banking income — — 1,360 1,360 — — — 1,360 Program fees — — — — 93 1,593 1,686 1,686 Other noninterest income 7,864 11 124 7,999 22 249 271 8,270 Total noninterest income 7,864 11 1,484 9,359 264 1,842 2,106 11,465 Total noninterest expense 34,847 834 1,071 36,752 2,656 1,804 4,460 41,212 Income (loss) before income tax expense 12,976 3,774 546 17,296 (1,251) 3,164 1,913 19,209 Income tax expense (benefit) 966 864 114 1,944 (799) 653 (146) 1,798 Net income (loss) $ 12,010 $ 2,910 $ 432 $ 15,352 $ (452) $ 2,511 $ 2,059 $ 17,411 Period-end assets $ 4,537,971 $ 561,625 $ 13,251 $ 5,112,847 $ 15,991 $ 93,516 $ 109,507 $ 5,222,354 Net interest margin 3.82 % 3.26 % NM 3.76 % NM NM NM 4.32 % Net-revenue concentration* 74 % 7 % 3 % 84 % 1 % 15 % 16 % 100 % Three Months Ended September 30, 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 $ 37,396 $ 4,737 $ 102 $ 42,235 $ 60 $ 6,012 $ 6,072 $ 48,307 Provision for loan and lease losses 683 (74) — 609 (840) 4,452 3,612 4,221 Net refund transfer fees — — — — 177 — 177 177 Mortgage banking income — — 1,102 1,102 — — — 1,102 Program fees — — — — 63 1,534 1,597 1,597 Other noninterest income 7,130 11 65 7,206 16 276 292 7,498 Total noninterest income 7,130 11 1,167 8,308 256 1,810 2,066 10,374 Total noninterest expense 32,280 848 1,149 34,277 2,851 898 3,749 38,026 Income (loss) before income tax expense 11,563 3,974 120 15,657 (1,695) 2,472 777 16,434 Income tax expense (benefit) 3,951 1,454 41 5,446 (615) 897 282 5,728 Net income (loss) $ 7,612 $ 2,520 $ 79 $ 10,211 $ (1,080) $ 1,575 $ 495 $ 10,706 Period-end assets $ 4,361,591 $ 570,676 $ 9,395 $ 4,941,662 $ 13,090 $ 38,422 $ 51,512 $ 4,993,174 Net interest margin 3.70 % 3.54 % NM 3.68 % NM NM NM 4.17 % Net-revenue concentration* 76 % 8 % 2 % 86 % 1 % 13 % 14 % 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 Nine Months Ended September 30, 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 $ 118,191 $ 12,169 $ 308 $ 130,668 $ 19,127 $ 21,987 $ 41,114 $ 171,782 Provision for loan and lease losses 2,158 88 — 2,246 11,473 12,545 24,018 26,264 Net refund transfer fees — — — — 19,974 — 19,974 19,974 Mortgage banking income — — 3,696 3,696 — — — 3,696 Program fees — — — — 276 4,429 4,705 4,705 Other noninterest income 22,591 30 211 22,832 1,212 887 2,099 24,931 Total noninterest income 22,591 30 3,907 26,528 21,462 5,316 26,778 53,306 Total noninterest expense 103,654 2,523 3,451 109,628 11,454 3,807 15,261 124,889 Income before income tax expense 34,970 9,588 764 45,322 17,662 10,951 28,613 73,935 Income tax expense 4,906 2,193 160 7,259 3,664 2,466 6,130 13,389 Net income $ 30,064 $ 7,395 $ 604 $ 38,063 $ 13,998 $ 8,485 $ 22,483 $ 60,546 Period-end assets $ 4,537,971 $ 561,625 $ 13,251 $ 5,112,847 $ 15,991 $ 93,516 $ 109,507 $ 5,222,354 Net interest margin 3.71 % 3.18 % NM 3.65 % NM NM NM 4.67 % Net-revenue concentration* 63 % 5 % 2 % 70 % 18 % 12 % 30 % 100 % Nine Months Ended September 30, 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 $ 103,490 $ 13,073 $ 255 $ 116,818 $ 15,179 $ 15,885 $ 31,064 $ 147,882 Provision for loan and lease losses 2,611 (36) — 2,575 6,763 12,295 19,058 21,633 Net refund transfer fees — — — — 18,329 — 18,329 18,329 Mortgage banking income — — 3,707 3,707 — — — 3,707 Program fees — — — — 103 3,869 3,972 3,972 Other noninterest income 20,618 27 192 20,837 152 1,227 1,379 22,216 Total noninterest income 20,618 27 3,899 24,544 18,584 5,096 23,680 48,224 Total noninterest expense 93,552 2,448 3,347 99,347 10,891 2,461 13,352 112,699 Income before income tax expense 27,945 10,688 807 39,440 16,109 6,225 22,334 61,774 Income tax expense 8,684 3,909 282 12,875 5,846 2,259 8,105 20,980 Net income $ 19,261 $ 6,779 $ 525 $ 26,565 $ 10,263 $ 3,966 $ 14,229 $ 40,794 Period-end assets $ 4,361,591 $ 570,676 $ 9,395 $ 4,941,662 $ 13,090 $ 38,422 $ 51,512 $ 4,993,174 Net interest margin 3.48 % 3.58 % NM 3.49 % NM NM NM 4.34 % Net-revenue concentration* 63 % 7 % 2 % 72 % 17 % 11 % 28 % 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 SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 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 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 and nine months ended September 30, 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 September 30, 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. Core Bank Traditional Banking segment — The Traditional Banking segment provides traditional banking products primarily to customers in the Company’s market footprint. As of September 30, 2018, Republic had 45 full-service banking centers and one loan production office (“LPO”) with locations as follows:  Kentucky — 32  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  Southern Indiana — 3  Floyds Knobs — 1  Jeffersonville — 1  New Albany — 1  Metropolitan Tampa, Florida — 7  Metropolitan Cincinnati, Ohio — 1  Metropolitan Nashville, Tennessee — 3* *Includes one LPO Republic’s headquarters are 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, 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 Bank may occasionally acquire for investment through its Correspondent Lending channel single family, first lien mortgage loans that meet the Bank’s specifications. Substantially all loans purchased through the Correspondent Lending channel are purchased at a premium. The volume of loans purchased through the Correspondent Lending channel may fluctuate from time to time based on several factors, including, but not limited to, borrower demand, other investment options and the Bank’s current and forecasted liquidity position. 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. The Bank receives fees 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 by the Company 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 had the following features during its 2018 and 2017 offering periods: · Offered only during the first two months of each year; · No EA fee was charged to the taxpayer customer; · All fees for the EA were 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 was deducted from the taxpayer customer’s tax refund proceeds; and · If an insufficient refund to repay the EA occurred: o there was no recourse to the taxpayer customer, o no negative credit reporting on the taxpayer customer, and o no collection efforts against the taxpayer customer. The Company reports fees paid by the Tax Providers for the EA product 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 EA 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 (“RPS”) 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: · RCS line-of-credit product – 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. · RCS credit-card product – From the fourth quarter of 2015 through the first quarter of 2018, the Bank continued to pilot a credit-card product to generally subprime borrowers across the United States through one third-party marketer/servicer. For outstanding cards, RCS sold 90% of the balances generated within two business days of each transaction occurrence to its third-party marketer/servicer and retained the remaining 10% interest. During the second quarter of 2018, the Bank and its third-party marketer/servicer discontinued the marketing of the product to potential new clients, as the two parties deliberated the future direction of the program. During the third quarter of 2018, the Bank and its third-party marketer/servicer reached an agreement in concept to sell 100% of the existing portfolio to an unrelated third party. As a result, the Bank reclassified its 10% interest with a book value of $3.5 million into a held-for-sale category and charged the entire RCS credit-card portfolio down to its estimated net realizable value of $1.5 million. · RCS healthcare receivables product – 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 in other instances, sells 100% of the receivables within one month of origination. Loan balances held for sale are carried at the lower of cost or fair value. · RCS installment loan product – From the first quarter of 2016 through the first quarter of 2018, the Bank continued to pilot a consumer installment-loan product across the United States using a third-party marketer/service. As part of the program, the Bank sold 100% of the balances generated through the program back to the third-party marketer/servicer approximately 21 days after origination. The Bank carried all unsold loans under the program as “held for sale” on its balance sheet. At the initiation of this program in 2016, the Bank elected to carry these loans at fair value under a fair-value option, with the portfolio thereafter marked to market monthly. During the second quarter of 2018, the Bank and its third-party marketer/service provider suspended the origination of any new loans, and the subsequent sale of all recently-originated loans under this program, while the two parties evaluated the future offering of this product due to changes in the applicable state law impacting the product. Concurrent with the suspension of this program, the Bank reclassified approximately $2.2 million of these loans from held for sale on the balance sheet into the held-for-investment category and revalued these loans accordingly. 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 September 30, 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 Permitted Adoption Methods 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 $28 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) This ASU 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 an as yet 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. 2018-10 Codification Improvements to Topic 842, Leases This ASU affects narrow aspects of the guidance issued in the amendments in ASU 2016-02. January 1, 2019 Adoption should conform to the adoption of ASU 2016-02 above. The Company is evaluating the adoption of this ASU with its ongoing analysis of adopting ASU 2016-02. 2018-11 Leases (Topic 842): Targeted Improvements This ASU provides the Company with an additional (and optional) transition method to adopt ASU 2016-02. This ASU also provides the Company with a practical expedient to not separate non-lease components from the associated lease component under certain circumstances. January 1, 2019 Adoption should conform to the adoption of ASU 2016-02 above. The Company is evaluating the adoption of this ASU with its ongoing analysis of adopting ASU 2016-02. 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement This ASU modifies the disclosure requirements in Topic 820 by removing and adding certain elements. January 1, 2020 Certain elements should be applied prospectively and others retrospectively. Immaterial 2018-15 Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40) This ASU aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by these amendments. January 1, 2020 Retrospectively or prospectively to all implementation costs incurred after the date of adoption. Immaterial The following ASUs were adopted by the Company during the nine months ended September 30, 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 Modified-retrospective approach. 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 for 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 SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2018
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedules of Accounting Standards Updates	ASU. No. Topic Nature of Update Date Adoption Required Permitted Adoption Methods 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 $28 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) This ASU 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 an as yet 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. 2018-10 Codification Improvements to Topic 842, Leases This ASU affects narrow aspects of the guidance issued in the amendments in ASU 2016-02. January 1, 2019 Adoption should conform to the adoption of ASU 2016-02 above. The Company is evaluating the adoption of this ASU with its ongoing analysis of adopting ASU 2016-02. 2018-11 Leases (Topic 842): Targeted Improvements This ASU provides the Company with an additional (and optional) transition method to adopt ASU 2016-02. This ASU also provides the Company with a practical expedient to not separate non-lease components from the associated lease component under certain circumstances. January 1, 2019 Adoption should conform to the adoption of ASU 2016-02 above. The Company is evaluating the adoption of this ASU with its ongoing analysis of adopting ASU 2016-02. 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement This ASU modifies the disclosure requirements in Topic 820 by removing and adding certain elements. January 1, 2020 Certain elements should be applied prospectively and others retrospectively. Immaterial 2018-15 Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40) This ASU aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by these amendments. January 1, 2020 Retrospectively or prospectively to all implementation costs incurred after the date of adoption. Immaterial The following ASUs were adopted by the Company during the nine months ended September 30, 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 Modified-retrospective approach. 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 for 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)	9 Months Ended
	Sep. 30, 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 September 30, 2018 (in thousands) Cost Gains Losses Value U.S. Treasury securities and U.S. Government agencies $ 238,418 $ — $ (2,780) $ 235,638 Private label mortgage backed security 2,484 1,365 — 3,849 Mortgage backed securities - residential 117,129 970 (2,157) 115,942 Collateralized mortgage obligations 76,528 441 (1,604) 75,365 Corporate bonds 10,000 80 — 10,080 Trust preferred security 3,523 727 — 4,250 Total available-for-sale debt securities $ 448,082 $ 3,583 $ (6,541) $ 445,124 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 September 30, 2018 (in thousands) Value Gains Losses Value Mortgage backed securities - residential $ 146 $ 9 $ — $ 155 Collateralized mortgage obligations 20,224 221 (29) 20,416 Corporate bonds 45,092 578 (23) 45,647 Obligations of state and political subdivisions 463 — (14) 449 Total held-to-maturity debt securities $ 65,925 $ 808 $ (66) $ 66,667 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 September 30, 2018 (in thousands) Cost Value Value Value Due in one year or less $ 45,033 $ 44,825 $ 50 $ 50 Due from one year to five years 203,385 200,893 10,386 10,441 Due from five years to ten years — — 35,119 35,605 Due beyond ten years 3,523 4,250 — — Private label mortgage backed security 2,484 3,849 — — Mortgage backed securities - residential 117,129 115,942 146 155 Collateralized mortgage obligations 76,528 75,365 20,224 20,416 Total debt securities $ 448,082 $ 445,124 $ 65,925 $ 66,667
Schedule of debt securities with unrealized losses	Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized September 30, 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 $ 129,894 $ (1,414) $ 105,744 $ (1,366) $ 235,638 $ (2,780) Mortgage backed securities - residential 56,862 (953) 33,654 (1,204) 90,516 (2,157) Collateralized mortgage obligations 17,141 (779) 16,563 (825) 33,704 (1,604) Total available-for-sale debt securities $ 203,897 $ (3,146) $ 155,961 $ (3,395) $ 359,858 $ (6,541) 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 September 30, 2018 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Held-to-maturity debt securities: Collateralized mortgage obligations $ — $ — $ 5,765 $ (29) $ 5,765 $ (29) Corporate bonds 4,915 (23) — — 4,915 (23) Obligations of state and political subdivisions 105 (1) 345 (13) 450 (14) Total held-to-maturity debt securities: $ 5,020 $ (24) $ 6,110 $ (42) $ 11,130 $ (66) 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) September 30, 2018 December 31, 2017 Carrying amount $ 258,670 $ 262,679 Fair value 258,777 262,902
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 September 30, 2018 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 332 $ — $ 332 Community Reinvestment Act mutual fund 2,500 — (115) 2,385 Total equity securities with readily determinable fair values $ 2,500 $ 332 $ (115) $ 2,717 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 September 30, 2018 Nine Months Ended September 30, 2018 Gains (Losses) Recognized on Equity Securities Gains (Losses) Recognized on Equity Securities (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ (57) $ (57) $ — $ (141) $ (141) Community Reinvestment Act mutual fund — (19) (19) — (70) (70) Total equity securities with readily determinable fair value $ — $ (76) $ (76) $ — $ (211) $ (211)

LOANS HELD FOR SALE (Tables)

LOANS HELD FOR SALE (Tables)	9 Months Ended
	Sep. 30, 2018
LOANS HELD FOR SALE.
Schedule of activity of consumer loans held for sale and carried at fair value	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ — $ 3,235 $ 2,677 $ 2,198 Origination of consumer loans held for sale — 15,066 16,985 46,847 Loans transferred to held for investment — — (2,237) — Proceeds from the sale of consumer loans held for sale — (15,115) (17,039) (45,988) Net gain (loss) recognized on consumer loans held for sale — 182 (386) 311 Balance, end of period $ — $ 3,368 $ — $ 3,368
Schedule of activity of consumer loans held for sale and carried at lower of cost or fair value	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ 13,684 $ 2,464 $ 8,551 $ 1,310 Origination of consumer loans held for sale 209,462 164,815 565,886 407,997 Loans transferred from held for investment 1,392 — 1,392 — Proceeds from the sale of consumer loans held for sale (205,078) (162,947) (559,607) (407,181) Net gain on sale of consumer loans held for sale 1,577 1,352 4,815 3,558 Balance, end of period $ 21,037 $ 5,684 $ 21,037 $ 5,684

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	9 Months Ended
	Sep. 30, 2018
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES
Schedule of composition of loan portfolio	(in thousands) September 30, 2018 December 31, 2017 Traditional Banking: Residential real estate: Owner occupied $ 913,228 $ 921,565 Owner occupied - correspondent* 99,096 116,792 Nonowner occupied 232,306 205,081 Commercial real estate 1,214,804 1,207,293 Construction & land development 174,043 150,065 Commercial & industrial 387,766 341,692 Lease financing receivables 15,229 16,580 Home equity 332,690 347,655 Consumer: Credit cards 19,151 16,078 Overdrafts 983 974 Automobile loans 62,179 65,650 Other consumer 38,940 20,501 Total Traditional Banking 3,490,415 3,409,926 Warehouse lines of credit* 560,814 525,572 Total Core Banking 4,051,229 3,935,498 Republic Processing Group*: Tax Refund Solutions: Easy Advances — — Other TRS loans 292 11,648 Republic Credit Solutions 84,674 66,888 Total Republic Processing Group 84,966 78,536 Total loans** 4,136,195 4,014,034 Allowance for loan and lease losses (43,824) (42,769) Total loans, net $ 4,092,371 $ 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) September 30, 2018 December 31, 2017 Contractually receivable $ 4,135,623 $ 4,014,673 Unearned income(1) (1,164) (1,157) Unamortized premiums(2) 674 1,069 Unaccreted discounts(3) (3,469) (4,643) Net unamortized deferred origination fees and costs(4) 4,531 4,092 Carrying value of loans $ 4,136,195 $ 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) September 30, 2018 December 31, 2017 Contractually required principal $ 4,653 $ 5,435 Non-accretable amount (1,593) (1,691) Accretable amount (100) (140) Carrying value of loans $ 2,960 $ 3,604
Rollforward of the accretable amount on PCI loans	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ (100) $ (3,333) $ (140) $ (3,600) Transfers between non-accretable and accretable* (168) (44) (409) 31 Net accretion into interest income on loans, including loan fees 168 1,684 449 1,876 Balance, end of period $ (100) $ (1,693) $ (100) $ (1,693) * 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	September 30, 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 $ — $ 15,067 $ 13,307 $ — $ 173 $ 1,518 $ 30,065 Owner occupied - correspondent — — 386 — — — 386 Nonowner occupied — 582 2,068 — — — 2,650 Commercial real estate 1,203,903 5,911 3,851 — 1,139 — 1,214,804 Construction & land development 173,920 — 123 — — — 174,043 Commercial & industrial 386,010 1,088 648 — 20 — 387,766 Lease financing receivables 15,229 — — — — — 15,229 Home equity — — 1,482 — 5 103 1,590 Consumer: Credit cards — — — — — — — Overdrafts — — — — — — — Automobile loans — — 156 — — — 156 Other consumer — — 490 — — 2 492 Total Traditional Banking 1,779,062 22,648 22,511 — 1,337 1,623 1,827,181 Warehouse lines of credit 560,814 — — — — — 560,814 Total Core Banking 2,339,876 22,648 22,511 — 1,337 1,623 2,387,995 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — Other TRS loans — — — — — — — Republic Credit Solutions — — 298 — — — 298 Total Republic Processing Group — — 298 — — — 298 Total rated loans $ 2,339,876 $ 22,648 $ 22,809 $ — $ 1,337 $ 1,623 $ 2,388,293 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 September 30, 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 $ 6,035 $ (136) $ (46) $ 18 $ 5,871 $ 6,740 $ (222) $ (52) $ 107 $ 6,573 Owner occupied - correspondent 263 (15) — — 248 324 (10) — — 314 Nonowner occupied 1,552 42 (1) — 1,593 1,237 100 — — 1,337 Commercial real estate 9,815 187 — 1 10,003 8,368 325 — 77 8,770 Construction & land development 2,825 (160) — 3 2,668 2,508 (435) — 3 2,076 Commercial & industrial 2,318 281 (75) 4 2,528 1,682 388 (152) 12 1,930 Lease financing receivables 160 — — — 160 151 11 — — 162 Home equity 3,658 (81) (14) 59 3,622 3,787 14 (4) 51 3,848 Consumer: Credit cards 805 148 (94) 9 868 588 50 (38) 6 606 Overdrafts 878 372 (332) 65 983 806 311 (276) 51 892 Automobile loans 664 110 (7) 2 769 640 40 (12) 1 669 Other consumer 776 (52) (102) 70 692 918 111 (155) 67 941 Total Traditional Banking 29,749 696 (671) 231 30,005 27,749 683 (689) 375 28,118 Warehouse lines of credit 1,585 (183) — — 1,402 1,502 (74) — — 1,428 Total Core Banking 31,334 513 (671) 231 31,407 29,251 609 (689) 375 29,546 Republic Processing Group: Tax Refund Solutions: Easy Advances — (1,036) — 1,036 — — (840) — 840 — Other TRS loans 67 8 — — 75 — — — — — Republic Credit Solutions 13,646 4,592 (6,204) 308 12,342 8,647 4,452 (2,680) 226 10,645 Total Republic Processing Group 13,713 3,564 (6,204) 1,344 12,417 8,647 3,612 (2,680) 1,066 10,645 Total $ 45,047 $ 4,077 $ (6,875) $ 1,575 $ 43,824 $ 37,898 $ 4,221 $ (3,369) $ 1,441 $ 40,191 Allowance Rollforward Nine Months Ended September 30, 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 $ (443) $ (85) $ 217 $ 5,871 $ 7,158 $ (653) $ (163) $ 231 $ 6,573 Owner occupied - correspondent 292 (44) — — 248 373 (59) — — 314 Nonowner occupied 1,396 491 (320) 26 1,593 1,139 212 (14) — 1,337 Commercial real estate 9,043 831 — 129 10,003 8,078 577 — 115 8,770 Construction & land development 2,364 274 — 30 2,668 1,850 222 — 4 2,076 Commercial & industrial 2,198 491 (200) 39 2,528 1,511 537 (152) 34 1,930 Lease financing receivables 174 (14) — — 160 136 26 — — 162 Home equity 3,754 (372) (48) 288 3,622 3,757 62 (99) 128 3,848 Consumer: Credit cards 607 507 (282) 36 868 490 181 (86) 21 606 Overdrafts 974 685 (891) 215 983 675 731 (687) 173 892 Automobile loans 687 90 (11) 3 769 526 160 (19) 2 669 Other consumer 1,162 (338) (358) 226 692 771 615 (691) 246 941 Total Traditional Banking 28,833 2,158 (2,195) 1,209 30,005 26,464 2,611 (1,911) 954 28,118 Warehouse lines of credit 1,314 88 — — 1,402 1,464 (36) — — 1,428 Total Core Banking 30,147 2,246 (2,195) 1,209 31,407 27,928 2,575 (1,911) 954 29,546 Republic Processing Group: Tax Refund Solutions: Easy Advances — 11,360 (12,478) 1,118 — — 7,041 (8,123) 1,082 — Other TRS loans 12 113 (55) 5 75 25 (278) — 253 — Republic Credit Solutions 12,610 12,545 (13,669) 856 12,342 4,967 12,295 (7,216) 599 10,645 Total Republic Processing Group 12,622 24,018 (26,202) 1,979 12,417 4,992 19,058 (15,339) 1,934 10,645 Total $ 42,769 $ 26,264 $ (28,397) $ 3,188 $ 43,824 $ 32,920 $ 21,633 $ (17,250) $ 2,888 $ 40,191
Schedule of non-performing loans and non-performing assets and select credit quality ratios	(dollars in thousands) September 30, 2018 December 31, 2017 Loans on nonaccrual status* $ 17,015 $ 14,118 Loans past due 90-days-or-more and still on accrual** 254 956 Total nonperforming loans 17,269 15,074 Other real estate owned 70 115 Total nonperforming assets $ 17,339 $ 15,189 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.42 % 0.38 % Nonperforming assets to total loans (including OREO) 0.42 0.38 Nonperforming assets to total assets 0.33 0.30 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.42 % 0.36 % Nonperforming assets to total loans (including OREO) 0.42 0.36 Nonperforming assets to total assets 0.33 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) September 30, 2018 December 31, 2017 September 30, 2018 December 31, 2017 Traditional Banking: Residential real estate: Owner occupied $ 11,208 $ 9,230 $ — $ — Owner occupied - correspondent 386 — — — Nonowner occupied 681 257 — — Commercial real estate 3,165 3,247 — — Construction & land development 55 67 — — Commercial & industrial 629 — — — Lease financing receivables — — — — Home equity 769 1,217 — — Consumer: Credit cards — — — — Overdrafts — — — — Automobile loans 98 68 — — Other consumer 24 32 5 19 Total Traditional Banking 17,015 14,118 5 19 Warehouse lines of credit — — — — Total Core Banking 17,015 14,118 5 19 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — Other TRS loans — — — — Republic Credit Solutions — — 249 937 Total Republic Processing Group — — 249 937 Total $ 17,015 $ 14,118 $ 254 $ 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 September 30, 2018 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent** Current Total Traditional Banking: Residential real estate: Owner occupied $ 2,182 $ 2,161 $ 3,121 $ 7,464 $ 905,764 $ 913,228 Owner occupied - correspondent — — — — 99,096 99,096 Nonowner occupied 29 501 73 603 231,703 232,306 Commercial real estate 225 — 1,217 1,442 1,213,362 1,214,804 Construction & land development 332 — — 332 173,711 174,043 Commercial & industrial 28 — — 28 387,738 387,766 Lease financing receivables — 15,229 15,229 Home equity 1,010 229 180 1,419 331,271 332,690 Consumer: Credit cards 62 81 — 143 19,008 19,151 Overdrafts 251 7 1 259 724 983 Automobile loans 31 — 61 92 62,087 62,179 Other consumer 44 8 6 58 38,882 38,940 Total Traditional Banking 4,194 2,987 4,659 11,840 3,478,575 3,490,415 Warehouse lines of credit — — — — 560,814 560,814 Total Core Banking 4,194 2,987 4,659 11,840 4,039,389 4,051,229 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — Other TRS loans — — — — 292 292 Republic Credit Solutions 4,703 1,034 249 5,986 78,688 84,674 Total Republic Processing Group 4,703 1,034 249 5,986 78,980 84,966 Total $ 8,897 $ 4,021 $ 4,908 $ 17,826 $ 4,118,369 $ 4,136,195 Delinquency ratio*** 0.22 % 0.10 % 0.12 % 0.43 % * 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. 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) September 30, 2018 December 31, 2017 Loans with no allocated Allowance $ 20,134 $ 18,540 Loans with allocated Allowance 25,104 27,076 Total recorded investment in impaired loans $ 45,238 $ 45,616 Amount of the allocated Allowance $ 4,049 $ 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 September 30, 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 $ 2,277 $ 3,411 $ 183 $ 5,871 $ 26,991 $ 884,547 $ 1,690 $ — $ 913,228 0.64 % Owner occupied - correspondent — 248 — 248 386 98,710 — — 99,096 0.25 Nonowner occupied 8 1,585 — 1,593 2,592 229,714 — — 232,306 0.69 Commercial real estate 374 9,618 11 10,003 9,006 1,204,659 1,137 2 1,214,804 0.82 Construction & land development 62 2,606 — 2,668 123 173,920 — — 174,043 1.53 Commercial & industrial 20 2,508 — 2,528 1,048 386,698 — 20 387,766 0.65 Lease financing receivables — 160 — 160 — 15,229 — — 15,229 1.05 Home equity 402 3,116 104 3,622 1,482 331,100 108 — 332,690 1.09 Consumer: Credit cards — 868 — 868 — 19,151 — — 19,151 4.53 Overdrafts — 983 — 983 — 983 — — 983 100.00 Automobile loans 156 613 — 769 156 62,023 — — 62,179 1.24 Other consumer 431 258 3 692 468 38,469 3 — 38,940 1.78 Total Traditional Banking 3,730 25,974 301 30,005 42,252 3,445,203 2,938 22 3,490,415 0.86 Warehouse lines of credit — 1,402 — 1,402 — 560,814 — — 560,814 0.25 Total Core Banking 3,730 27,376 301 31,407 42,252 4,006,017 2,938 22 4,051,229 0.78 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — — — — Other TRS loans — 75 — 75 — 292 — — 292 25.68 Republic Credit Solutions 18 12,324 — 12,342 48 84,626 — — 84,674 14.58 Total Republic Processing Group 18 12,399 — 12,417 48 84,918 — — 84,966 14.61 Total $ 3,748 $ 39,775 $ 301 $ 43,824 $ 42,300 $ 4,090,935 $ 2,938 $ 22 $ 4,136,195 1.06 % 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 Nine Months Ended September 30, 2018 September 30, 2018 September 30, 2018 Cash Basis Cash Basis Unpaid Average Interest Interest Average Interest Interest Principal Recorded Allocated Recorded Income Income Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 11,013 $ 10,428 $ — $ 11,098 $ 55 $ — $ 10,839 $ 165 $ — Owner occupied - correspondent 386 386 — 388 — — 290 — — Nonowner occupied 2,874 2,495 — 2,572 22 — 2,399 65 — Commercial real estate 6,388 5,314 — 5,489 31 — 4,996 88 — Construction & land development — — — — — — 267 — — Commercial & industrial 1,136 1,028 — 852 7 — 609 23 — Lease financing receivables — — — — — — — — — Home equity 461 444 — 589 2 — 708 6 — Consumer 39 39 — 55 1 — 47 2 — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 18,315 18,253 2,460 18,094 152 — 18,467 448 — Owner occupied - correspondent — — — — — — — — — Nonowner occupied 108 97 8 83 1 — 211 3 — Commercial real estate 4,829 4,829 385 5,368 53 — 5,922 160 — Construction & land development 123 123 62 126 1 — 132 2 — Commercial & industrial 20 20 20 64 — — 126 1 — Lease financing receivables — — — — — — — — — Home equity 1,147 1,146 506 1,134 10 — 968 29 — Consumer 636 636 608 648 6 — 684 18 — Total impaired loans $ 47,475 $ 45,238 $ 4,049 $ 46,560 $ 341 $ — $ 46,665 $ 1,010 $ — As of Three Months Ended Nine Months Ended December 31, 2017 September 30, 2017 September 30, 2017 Cash Basis Cash Basis Unpaid Average Interest Interest Average Interest Interest Principal Recorded Allocated Recorded Income Income Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 11,664 $ 10,789 $ — $ 11,166 $ 39 $ — $ 11,713 $ 117 $ — Owner occupied - correspondent — — — — — — — — — Nonowner occupied 1,784 1,704 — 1,494 23 — 1,444 62 — Commercial real estate 5,504 4,430 — 5,127 19 — 5,140 58 — Construction & land development 591 591 — 597 7 — 537 22 — Commercial & industrial 20 20 — 195 — — 128 1 — Lease financing receivables — — — — — — — — — Home equity 1,071 981 — 1,213 2 — 1,281 10 — Consumer 25 25 — 92 2 — 67 5 — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 18,676 18,654 2,681 20,682 177 — 20,943 529 — Owner occupied - correspondent — — — — — — — — — Nonowner occupied 361 358 6 410 5 — 450 15 — Commercial real estate 6,124 6,124 455 4,895 66 — 5,819 196 — Construction & land development 142 142 107 149 1 — 275 3 — Commercial & industrial 288 288 288 230 2 — 308 7 — Lease financing receivables — — — — — — — — — Home equity 743 743 536 834 — — 820 11 — Consumer 767 767 612 349 2 — 206 8 — Total impaired loans $ 47,760 $ 45,616 $ 4,685 $ 47,433 $ 345 $ — $ 49,131 $ 1,044 $ —
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 September 30, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 64 $ 7,538 163 $ 17,848 227 $ 25,386 Commercial real estate 3 1,262 14 6,392 17 7,654 Construction & land development 1 54 1 68 2 122 Commercial & industrial 2 629 3 410 5 1,039 Consumer 1 41 281 471 282 512 Total troubled debt restructurings 71 $ 9,524 462 $ 25,189 533 $ 34,713 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 September 30, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — 1 $ 1,200 1 $ 1,200 Rate reduction 148 16,594 16 2,188 164 18,782 Principal deferral 10 1,248 5 2,181 15 3,429 Legal modification 38 1,651 9 324 47 1,975 Total residential TDRs 196 19,493 31 5,893 227 25,386 Commercial related and construction/land development loans: Interest only payments 2 768 — — 2 768 Rate reduction 8 3,076 — — 8 3,076 Principal deferral 14 4,971 — — 14 4,971 Total commercial TDRs 24 8,815 — — 24 8,815 Consumer loans: Rate reduction 1 16 — — 1 16 Principal deferral 279 436 — — 279 436 Legal modification — — 2 60 2 60 Total consumer TDRs 280 452 2 60 282 512 Total troubled debt restructurings 500 $ 28,760 33 $ 5,953 533 $ 34,713 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 2 $ 463 — $ — 2 $ 463 Rate reduction 161 18,777 17 1,902 178 20,679 Principal deferral 14 1,455 2 121 16 1,576 Legal modification 42 1,997 7 400 49 2,397 Total residential TDRs 219 22,692 26 2,423 245 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 1,068 $ 30,781 29 $ 3,856 1,097 $ 34,637
Summary of categories of TDR loan modifications that occurred during the period	A summary of the categories of TDR loan modifications by respective performance as of September 30, 2018 and 2017 that were modified during the three months ended September 30, 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 September 30, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Legal modification — $ — 1 $ 18 1 $ 18 Total residential TDRs — — 1 18 1 18 Commercial related and construction/land development loans: Principal deferral 2 433 — 1 2 434 Total commercial TDRs 2 433 — 1 2 434 Consumer loans: Legal modification — — 2 60 2 60 Total consumer TDRs — — 2 60 2 60 Total troubled debt restructurings 2 $ 433 3 $ 79 5 $ 512 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 September 30, 2017 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Principal deferral 7 $ 701 — $ — 7 $ 701 Legal modification 6 337 1 131 7 468 Total residential TDRs 13 1,038 1 131 14 1,169 Commercial related and construction/land development loans: Principal deferral 1 242 — — 1 242 Total commercial TDRs 1 242 — — 1 242 Total troubled debt restructurings 14 $ 1,280 1 $ 131 15 $ 1,411 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 September 30, 2018 and 2017, 85% and 91% of the Bank’s TDRs that occurred during the third quarters of 2018 and 2017 were performing according to their modified terms. The Bank provided approximately $78,000 and $155,000 in specific reserve allocations to clients whose loan terms were modified in TDRs during the third quarters of 2018 and 2017. There was no significant change between the pre and post modification loan balances for the three months ending September 30, 2018 and 2017. A summary of the categories of TDR loan modifications by respective performance as of September 30, 2018 and 2017 that were modified during the nine months ended September 30, 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 September 30, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — 1 $ 1,200 1 $ 1,200 Rate reduction 1 386 1 85 2 471 Principal deferral 1 15 3 2,151 4 2,166 Legal modification 6 90 3 190 9 280 Total residential TDRs 8 491 8 3,626 16 4,117 Commercial related and construction/land development loans: Principal deferral 5 1,071 — — 5 1,071 Total commercial TDRs 5 1,071 — — 5 1,071 Consumer loans: Principal deferral 1 54 — — 1 54 Legal modification — — 2 60 2 60 Total consumer TDRs 1 54 2 60 3 114 Total troubled debt restructurings 14 $ 1,616 10 $ 3,686 24 $ 5,302 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 September 30, 2017 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Rate reduction 1 $ 220 — $ — 1 $ 220 Principal deferral 9 1,506 — — 9 1,506 Legal modification 6 337 1 131 7 468 Total residential TDRs 16 2,063 1 131 17 2,194 Commercial related and construction/land development loans: Principal deferral 1 242 — — 1 242 Total commercial TDRs 1 242 — — 1 242 Total troubled debt restructurings 17 $ 2,305 1 $ 131 18 $ 2,436 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 Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Recorded Number of Recorded Number of Recorded Number of Recorded (dollars in thousands) Loans Investment Loans Investment Loans Investment Loans Investment Residential real estate: Owner occupied 6 $ 3,386 1 $ 131 7 $ 3,552 1 $ 131 Home equity 1 74 — — 1 74 — — Consumer 2 60 — — 2 60 — — Total 9 $ 3,520 1 $ 131 10 $ 3,686 1 $ 131
Schedule of carrying amount of foreclosed properties held	(in thousands) September 30, 2018 December 31, 2017 Residential real estate $ 70 $ 115 Total other real estate owned $ 70 $ 115
Schedule of recorded investment in consumer mortgage loans secured by residential real estate properties	(in thousands) September 30, 2018 December 31, 2017 Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure $ 4,561 $ 1,392
Schedule of Easy Advances	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Easy Advances originated $ — $ — $ 430,210 $ 328,523 Net Charge (Credit) to the Provision for Easy Advances (1,036) (840) 11,360 7,041 Provision to total Easy Advances originated NA NA 2.64 % 2.14 % Easy Advances net charge-offs $ (1,036) $ (840) $ 11,360 $ 7,041 Easy Advances net charge-offs to total Easy Advances originated NA NA 2.64 % 2.14 %

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Sep. 30, 2018
DEPOSITS
Ending deposit balances	(in thousands) September 30, 2018 December 31, 2017 Core Bank: Demand $ 932,474 $ 944,812 Money market accounts 662,122 546,998 Savings 191,619 182,800 Individual retirement accounts(1) 52,447 47,982 Time deposits, $250 and over(1) 81,197 77,891 Other certificates of deposit(1) 229,074 189,661 Reciprocal money market and time deposits(1)(2) 292,103 373,242 Brokered deposits(1) 21,770 46,089 Total Core Bank interest-bearing deposits 2,462,806 2,409,475 Total Core Bank noninterest-bearing deposits 1,056,916 988,537 Total Core Bank deposits 3,519,722 3,398,012 Republic Processing Group ("RPG"): Money market accounts 418 1,641 Total RPG interest-bearing deposits 418 1,641 Brokered prepaid card deposits 4,207 1,509 Other noninterest-bearing deposits 42,338 31,996 Total RPG noninterest-bearing deposits 46,545 33,505 Total RPG deposits 46,963 35,146 Total deposits $ 3,566,685 $ 3,433,158 (1) Represents a time deposit. (2) Prior to June 2018, reciprocal deposits were classified as “brokered deposits.” The Economic Growth, Regulatory Relief, and Consumer Protection Act, enacted in May 2018, provides that most reciprocal deposits are no longer classified as brokered deposits if the Bank meets certain regulatory criteria.

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Tables)	9 Months Ended
	Sep. 30, 2018
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
Schedule of securities sold under agreements to repurchase	(dollars in thousands) September 30, 2018 December 31, 2017 Outstanding balance at end of period $ 163,768 $ 204,021 Weighted average interest rate at end of period 0.74 % 0.31 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 169,179 $ 71,824 Mortgage backed securities - residential 35,080 83,452 Collateralized mortgage obligations 22,506 84,693 Total securities pledged $ 226,765 $ 239,969 Three Months Ended Nine Months Ended September 30, September 30, (dollars in thousands) 2018 2017 2018 2017 Average outstanding balance during the period $ 213,195 $ 208,160 $ 216,070 $ 202,018 Average interest rate during the period 0.59 % 0.31 % % 0.22 % Maximum outstanding at any month end during the period $ 163,768 $ 173,311 $ 215,281 $ 183,709

FEDERAL HOME LOAN BANK ADVANC_2

FEDERAL HOME LOAN BANK ADVANCES (Tables)	9 Months Ended
	Sep. 30, 2018
FEDERAL HOME LOAN BANK ADVANCES
Federal Home Loan Bank Advances	(dollars in thousands) September 30, 2018 December 31, 2017 Overnight advances $ 395,000 $ 330,000 Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% 10,000 10,000 Fixed interest rate advances 310,000 397,500 Total FHLB advances $ 715,000 $ 737,500
Aggregate Future Principal Payments on FHLB Advances	Weighted Average Year (dollars in thousands) Principal Rate Remainder of 2018 (Overnight) $ 395,000 2.21 % Remainder of 2018 (Term) 40,000 1.94 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 $ 715,000 2.05 %
Information Regarding Overnight FHLB Advances	(dollars in thousands) September 30, 2018 December 31, 2017 Outstanding balance at end of period $ 395,000 $ 330,000 Weighted average interest rate at end of period 2.21 % 1.42 % Three Months Ended Nine Months Ended September 30, September 30, (dollars in thousands) 2018 2017 2018 2017 Average outstanding balance during the period $ 229,185 $ 224,402 $ 200,421 $ 149,707 Average interest rate during the period 2.02 % 1.17 % 1.84 % 1.03 % Maximum outstanding at any month end during the period $ 395,000 $ 350,000 $ 560,000 $ 625,000
Real Estate Loans Pledged	(in thousands) September 30, 2018 December 31, 2017 First lien, single family residential real estate $ 1,128,563 $ 1,123,402 Home equity lines of credit 310,561 320,649

OFF BALANCE SHEET RISKS, COMM_2

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2018
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
Bank Commitment Exclusive of Mortgage Bank Loan Commitments	(in thousands) September 30, 2018 December 31, 2017 Unused warehouse lines of credit $ 451,686 $ 525,328 Unused home equity lines of credit 380,320 367,887 Unused loan commitments - other 641,978 598,002 Standby letters of credit 6,813 12,643 FHLB letter of credit 10,000 10,000 Total commitments $ 1,490,797 $ 1,513,860

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on Recurring Basis	Fair Value Measurements at September 30, 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 $ — $ 235,638 $ — $ 235,638 Private label mortgage backed security — — 3,849 3,849 Mortgage backed securities - residential — 115,942 — 115,942 Collateralized mortgage obligations — 75,365 — 75,365 Corporate bonds — 10,080 — 10,080 Trust preferred security — — 4,250 4,250 Total available-for-sale debt securities $ — $ 437,025 $ 8,099 $ 445,124 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 332 $ — $ 332 Community Reinvestment Act mutual fund 2,385 — — 2,385 Total equity securities with readily determinable fair value $ 2,385 $ 332 $ — $ 2,717 Mortgage loans held for sale $ — $ 7,862 $ — $ 7,862 Consumer loans held for investment — — 2,097 2,097 Rate lock loan commitments — 348 — 348 Mandatory forward contracts — 113 — 113 Interest rate swap agreements — 2,658 — 2,658 Financial liabilities: Interest rate swap agreements — 2,383 — 2,383 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 September 30, 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 Consumer loans held for sale $ — $ — $ 1,519 $ 1,519 Impaired loans: Residential real estate: Owner occupied $ — $ — $ 4,040 $ 4,040 Nonowner occupied — — 1,083 1,083 Commercial real estate — — 1,230 1,230 Commercial & industrial — — 666 666 Home equity — — 51 51 Total impaired loans* $ — $ — $ 7,070 $ 7,070 Premises $ — $ — $ 2,607 $ 2,607 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.
Schedule of Consumer Loans Held for Sale	(in thousands) September 30, 2018 December 31, 2017 Carrying amount of loans measured at fair value $ 3,592 $ — Estimated discount for loan losses (2,073) — Total fair value $ 1,519 $ —
Impaired collateral dependent loans classified with Level 3 fair value hierarchy	(in thousands) September 30, 2018 December 31, 2017 Carrying amount of loans measured at fair value $ 6,771 $ 5,358 Estimated selling costs considered in carrying amount 709 752 Valuation allowance (410) (7) Total fair value $ 7,070 $ 6,103
Provisions for loss on collateral dependent impaired loans	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Provisions on collateral-dependent, impaired loans $ 117 $ 59 $ 901 $ 281
Other Real Estate Owned	(in thousands) September 30, 2018 December 31, 2017 Other real estate owned carried at fair value $ — $ 83 Other real estate owned carried at cost 70 32 Total carrying value of other real estate owned $ 70 $ 115 Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Other real estate owned write-downs during the period $ — $ 76 $ — $ 155
Schedule of Impairment charges on premises and equipment	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Impairment charges on premises $ 126 $ 965 $ 356 $ 1,082
Carrying amount and estimated exit-price fair values of financial instruments	Fair Value Measurements at September 30, 2018: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 365,512 $ 365,512 $ — $ — $ 365,512 Available-for-sale debt securities 445,124 — 437,025 8,099 445,124 Held-to-maturity debt securities 65,925 — 66,667 — 66,667 Equity securities with readily determinable fair values 2,717 2,385 332 — 2,717 Mortgage loans held for sale, at fair value 7,862 — 7,862 — 7,862 Consumer loans held for sale, at the lower of cost or fair value 21,037 — 21,037 — 21,037 Loans, net 4,092,371 — — 4,035,387 4,035,387 Federal Home Loan Bank stock 32,067 — — — NA Accrued interest receivable 13,696 — 13,696 — 13,696 Rate lock loan commitments 348 — 348 — 348 Community Reinvestment Act mutual fund 113 — 113 — 113 Interest rate swap agreements 2,658 — 2,658 — 2,658 Liabilities: Noninterest-bearing deposits $ 1,103,461 — $ 1,103,461 — $ 1,103,461 Transaction deposits 2,051,907 — 2,051,907 — 2,051,907 Time deposits 411,317 — 404,562 — 404,562 Securities sold under agreements to repurchase and other short-term borrowings 163,768 — 163,768 — 163,768 Federal Home Loan Bank advances 715,000 — 707,306 — 707,306 Subordinated note 41,240 — 31,832 — 31,832 Accrued interest payable 1,106 — 1,106 — 1,106 Interest rate swap agreements 2,383 — 2,383 — 2,383 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 — 516,254 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 Rate lock loan commitments 310 — 310 — 310 Interest rate swap agreements 312 — 312 — 312 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 Mandatory forward contracts 9 — 9 — 9 Interest rate swap agreements 403 — 403 — 403 NA - Not applicable
Nonrecurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Range Fair Valuation Unobservable (Weighted September 30, 2018 (dollars in thousands) Value Technique Inputs Average) Consumer loans held for sale $ 1,519 Sales comparison approach Adjustments determined for differences between comparable sales 6% (6%) Impaired loans - residential real estate owner occupied $ 4,040 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 77% (13%) Impaired loans - residential real estate nonowner occupied $ 1,083 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 27% (14%) Impaired loans - commercial real estate $ 70 Sales comparison approach Adjustments determined for differences between comparable sales 21% (21%) Impaired loans - commercial real estate $ 1,160 Income approach Adjustments for differences between net operating income expectations 17% (17%) Impaired loans - commercial & industrial $ 666 Sales comparison approach Adjustments determined for differences between comparable sales 3% (3%) Impaired loans - home equity $ 51 Sales comparison approach Adjustments determined for differences between comparable sales 5% - 53% (42%) Premises $ 2,607 Sales comparison approach Adjustments determined for differences between comparable sales 21% - 71% (32%) 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%)
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 Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ 3,926 $ 4,540 $ 4,449 $ 4,777 Total gains or losses included in earnings: Net change in unrealized gain (2) 90 (19) 244 Recovery of actual losses previously recorded 39 — 114 — Principal paydowns (114) (55) (695) (446) Balance, end of period $ 3,849 $ 4,575 $ 3,849 $ 4,575
Private label mortgage backed security | Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Fair Valuation September 30, 2018 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage backed security $ 3,849 Discounted cash flow (1) Constant prepayment rate 2.0% - 9.0% (2) Probability of default 1.8% - 4.0% (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 Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ 4,150 $ 3,453 $ 3,600 $ 3,200 Total gains or losses included in earnings: Discount accretion 10 11 30 33 Net change in unrealized gain 90 36 620 267 Balance, end of period $ 4,250 $ 3,500 $ 4,250 $ 3,500
Mortgage loans held for sale
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) September 30, 2018 December 31, 2017 Aggregate fair value $ 7,862 $ 5,761 Contractual balance 7,736 5,668 Unrealized gain 126 93
Schedule of gains and losses from changes in fair value included in earnings	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Interest income $ 133 $ 102 $ 308 $ 255 Change in fair value (110) (102) 33 9 Total included in earnings $ 23 $ — $ 341 $ 264
Consumer loans
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) September 30, 2018 December 31, 2017 Aggregate fair value $ 2,097 $ 2,677 Contractual balance 2,361 2,535 Unrealized (loss) gain (264) 142
Schedule of gains and losses from changes in fair value included in earnings	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Interest income $ 130 $ 240 $ 457 $ 748 Change in fair value 21 7 (406) 65 Total included in earnings $ 151 $ 247 $ 51 $ 813
Consumer loans | Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Fair Valuation September 30, 2018 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for investment $ 2,097 Discounted Cash Flows (1) Constant prepayment rate 15.0% (2) Probability of default 45.0% (3) Loss severity 11.5% Fair Valuation December 31, 2017 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 2,677 Contractual Sales Terms (1) Net Premium 0.9% (2) Discounted Sales 5.0%

MORTGAGE BANKING ACTIVITIES (Ta

MORTGAGE BANKING ACTIVITIES (Tables)	9 Months Ended
	Sep. 30, 2018
MORTGAGE BANKING ACTIVITIES
Activity for Mortgage Loans Held for Sale, at fair value	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ 12,653 $ 6,057 $ 5,761 $ 11,662 Origination of mortgage loans held for sale 49,149 43,489 133,273 119,265 Proceeds from the sale of mortgage loans held for sale (55,063) (46,428) (134,157) (130,065) Net gain on sale of mortgage loans held for sale 1,123 965 2,985 3,221 Balance, end of period $ 7,862 $ 4,083 $ 7,862 $ 4,083
Components of Mortgage Banking Income	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Net gain realized on sale of mortgage loans held for sale $ 1,093 $ 1,161 $ 2,791 $ 3,275 Net change in fair value recognized on loans held for sale (110) (102) 33 9 Net change in fair value recognized on rate lock loan commitments (84) (98) 38 185 Net change in fair value recognized on forward contracts 224 4 123 (248) Net gain recognized 1,123 965 2,985 3,221 Loan servicing income 598 527 1,803 1,590 Amortization of mortgage servicing rights (361) (390) (1,092) (1,104) Net servicing income recognized 237 137 711 486 Total Mortgage Banking income $ 1,360 $ 1,102 $ 3,696 $ 3,707
Activity for capitalized mortgage servicing rights	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Balance, beginning of period $ 4,915 $ 5,158 $ 5,044 $ 5,180 Additions 372 360 974 1,052 Amortized to expense (361) (390) (1,092) (1,104) Balance, end of period $ 4,926 $ 5,128 $ 4,926 $ 5,128
Other information relating to mortgage servicing rights	(in thousands) September 30, 2018 December 31, 2017 Fair value of mortgage servicing rights portfolio $ 9,666 $ 7,984 Monthly weighted average prepayment rate of unpaid principal balance* 167 % 200 % Discount rate 10 % 10 % Weighted average default rate 4 % 3.75 % Weighted average life in years 6.15 * 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	September 30, 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 $ 7,736 $ 7,862 $ 5,668 $ 5,761 Included in other assets: Rate lock loan commitments $ 21,225 $ 348 $ 14,696 $ 310 Mandatory forward contracts 22,989 113 — — Included in other liabilities: Mandatory forward contracts $ — $ — $ 17,159 $ 9

INTEREST RATE SWAPS (Tables)

INTEREST RATE SWAPS (Tables)	9 Months Ended
	Sep. 30, 2018
INTEREST RATE SWAPS
Summary of swaps designated as cash flow hedges	September 30, 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 $ 139 $ 110 $ (60) $ (25) Interest rate swap on FHLB advance 10,000 2.33 % 3M LIBOR 12/2013 - 12/2020 136 107 (31) (48) Total $ 20,000 $ 275 $ 217 $ (91) $ (73)
Schedule of interest expense recorded on swap transactions in the consolidated statements of income	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Interest rate swap on money market deposits $ (1) $ 27 $ 22 $ 87 Interest rate swap on FHLB advance 2 24 14 88 Total interest expense on swap transactions $ 1 $ 51 $ 36 $ 175
Summary of net gains recorded in AOCI and the consolidated statements of income relating to the swaps	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Gains (losses) recognized in OCI on derivative (effective portion) $ 54 $ 9 $ 330 $ (67) Losses reclassified from OCI on derivative (effective portion) (1) (51) (36) (175) Gains (losses) recognized in income on derivative (ineffective portion) — — — —
Summary of interest rate swaps related to clients	September 30, 2018 December 31, 2017 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 12,654 $ 192 $ 48,942 $ 312 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed 60,132 (2,383) 12,477 (228) Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 72,786 $ (2,191) $ 61,419 $ 84 Offsetting interest rate swaps with institutional swap dealer Pay fixed/receive variable 72,786 2,191 61,419 (84) Total $ 145,572 $ — $ 122,838 $ —

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2018
EARNINGS PER SHARE
Earnings Per Share and Diluted Earnings Per Share	Three Months Ended Nine Months Ended September 30, September 30, (in thousands, except per share data) 2018 2017 2018 2017 Net income $ 17,411 $ 10,706 $ 60,546 $ 40,794 Dividends declared on Common Stock: Class A Shares (4,517) (4,096) (13,552) (12,082) Class B Shares (487) (448) (1,468) (1,324) Undistributed net income for basic earnings per share 12,407 6,162 45,526 27,388 Weighted average potential dividends on Class A shares upon exercise of dilutive options (38) (18) (103) (51) Undistributed net income for diluted earnings per share $ 12,369 $ 6,144 $ 45,423 $ 27,337 Weighted average shares outstanding: Class A Shares 18,748 18,885 18,722 18,678 Class B Shares 2,214 2,268 2,228 2,243 Effect of dilutive securities on Class A Shares outstanding 158 83 143 79 Weighted average shares outstanding including dilutive securities 21,120 21,236 21,093 21,000 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.24 $ 0.22 $ 0.73 $ 0.65 Undistributed earnings per share* 0.60 0.29 2.19 1.32 Total basic earnings per share - Class A Common Stock $ 0.84 $ 0.51 $ 2.92 $ 1.97 Class B Common Stock Per share dividends distributed $ 0.22 $ 0.20 $ 0.66 $ 0.59 Undistributed earnings per share* 0.54 0.27 1.99 1.20 Total basic earnings per share - Class B Common Stock $ 0.76 $ 0.47 $ 2.65 $ 1.79 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.24 $ 0.22 $ 0.73 $ 0.65 Undistributed earnings per share* 0.59 0.29 2.17 1.31 Total diluted earnings per share - Class A Common Stock $ 0.83 $ 0.51 $ 2.90 $ 1.96 Class B Common Stock: Per share dividends distributed $ 0.22 $ 0.20 $ 0.66 $ 0.59 Undistributed earnings per share* 0.54 0.27 1.98 1.19 Total diluted earnings per share - Class B Common Stock $ 0.76 $ 0.47 $ 2.64 $ 1.78 *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 Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Antidilutive stock options 161,000 4,500 161,000 4,500 Average antidilutive stock options 29,033 3,833 9,811 1,667

STOCK PLANS AND STOCK BASED C_2

STOCK PLANS AND STOCK BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2018
Schedule of weighted average assumptions used to determine the fair value of stock options granted	Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Risk-free interest rate 3.00 % NA 3.00 % 2.07 % Expected dividend yield 2.01 % NA 2.01 % 2.41 % Expected stock price volatility 18.60 % NA 18.60 % 20.36 % Expected life of options (in years) 5 NA 5 5 Estimated fair value per share $ 8.13 $ — $ 8.13 $ 3.99 NA - Not applicable
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 160,500 48.26 Exercised (3,500) 24.10 Forfeited or expired (7,900) 24.47 Outstanding, September 30, 2018 444,100 $ 33.21 3.35 $ 6,072,538 Unvested 444,100 $ 33.21 3.35 $ 6,072,538 Exercisable (vested) at September 30, 2018 — $ — — $ —
Schedule of intrinsic value and cash received from options exercised and weighted average fair value of options granted	Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2018 2017 2018 2017 Intrinsic value of options exercised $ 37 $ — $ 79 $ 44 Cash received from options exercised, net of shares redeemed 35 — 83 33
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 38,323 38.64 Forfeited (1,500) 19.85 Earned and issued (2,323) 43.60 Outstanding, September 30, 2018 76,110 $ 29.31 Unvested 76,110 $ 29.31
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, September 30, 2018 48,500 $ 23.08 Expected to vest 48,500 $ 23.08
Schedule of expenses recorded related to stock options and restricted stock awards	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Stock option expense $ 56 $ 65 $ 174 $ 191 Restricted stock award expense 132 81 450 373 Performance stock unit expense 53 127 106 364 Total expense $ 241 $ 273 $ 730 $ 928
Schedule of estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)	Stock Restricted Year Ended (in thousands) Options Stock Awards Total Remainder of 2018 $ 132 $ 65 $ 197 2019 423 261 684 2020 323 261 584 2021 292 261 553 2022 250 237 487 2023 and beyond 109 135 244 Total $ 1,529 $ 1,220 $ 2,749
Director
Schedule of information on deferred compensation shares reserved for the periods	Outstanding Weighted-Average Stock Market Price Units at Date of Deferral Outstanding, January 1, 2017 64,155 $ 22.94 Deferred fees and dividend equivalents converted to stock units 5,199 36.81 Stock units converted to Class A Common Shares (5,456) 22.84 Outstanding, December 31, 2017 63,898 $ 24.08 Outstanding, January 1, 2018 63,898 $ 24.08 Deferred fees and dividend equivalents converted to stock units 3,757 42.91 Stock units converted to Class A Common Shares (2,835) 23.94 Outstanding, September 30, 2018 64,820 $ 25.18 Vested 64,820 $ 25.18
Key Employees
Schedule of information on deferred compensation shares reserved for the periods	Outstanding Weighted-Average Stock Market Price Units at Date of Deferral Outstanding, January 1, 2018 — $ — Deferred base salaries and dividend equivalents converted to stock units 3,092 45.73 Matching stock units credited 3,092 45.73 Stock units converted to Class A Common Shares — — Outstanding, September 30, 2018 6,184 $ 45.73 Vested 3,092 $ 45.73 Unvested 3,092 $ 45.73

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2018
INCOME TAXES
Schedule of effective tax rate that differs from that computed at the federal statutory rate	Three Months Ended Nine Months Ended September 30, September 30, 2018 2017 2018 2017 Federal rate times financial statement income 21.00 % 35.00 % 21.00 % 35.00 % Effect of: SAB 118 related discrete items recorded during the third quarter of 2018* (12.36) — (3.21) — State taxes, net of federal benefit 1.59 1.41 1.55 0.64 General business tax credits (4.55) — (1.54) — Nontaxable income (0.86) (2.54) (0.92) (1.55) Other, net 4.54 0.17 1.23 (0.45) Effective tax rate 9.36 % 34.04 % 18.11 % 33.64 % *Discrete items include the impact of a cost-segregation study and a tax-accounting-method change related to the immediate recognition of loan origination costs.

OTHER COMPREHENSIVE INCOME (Tab

OTHER COMPREHENSIVE INCOME (Tables)	9 Months Ended
	Sep. 30, 2018
OTHER COMPREHENSIVE INCOME
Summary of OCI components and related tax effects	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Available-for-Sale Debt Securities: Change in unrealized (loss) gain on available-for-sale debt securities (2018), debt and equity securities (2017) $ (467) $ (237) $ (3,130) $ 892 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) 90 (19) 244 Net unrealized (losses) gains (469) (147) (3,577) 1,136 Tax effect 100 51 752 (399) Net of tax (369) (96) (2,825) 737 Cash Flow Hedges: Change in fair value of derivatives used for cash flow hedges 54 9 330 (67) Reclassification amount for net derivative losses realized in income 1 51 36 175 Net unrealized gains 55 60 366 108 Tax effect (12) (21) (76) (37) Net of tax 43 39 290 71 Total other comprehensive (loss) income components, net of tax $ (326) $ (57) $ (2,535) $ 808
Summary of amounts reclassified out of each component of AOCI	Amounts Reclassified from Accumulated Other Comprehensive Income Affected Line Items Three Months Ended Nine Months Ended in the Consolidated September 30, September 30, (in thousands) Statements of Income 2018 2017 2018 2017 Cash Flow Hedges: Interest rate swap on money market deposits Interest expense on deposits $ 1 $ (27) $ (22) $ (87) Interest rate swap on FHLB advance Interest expense on FHLB advances (2) (24) (14) (88) Total derivative losses on cash flow hedges Total interest expense (1) (51) (36) (175) Tax effect Income tax expense — 18 8 61 Net of tax Net income $ (1) $ (33) $ (28) $ (114)
Summary of the AOCI balances, net of tax	2018 (in thousands) December 31, 2017 Change September 30, 2018 Unrealized loss on available-for-sale debt securities and reclassification of equity securities $ (604) $ (2,810) $ (3,414) 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 (15) 1,078 Unrealized gain (loss) on cash flow hedges (73) 290 217 Total unrealized gain (loss) $ 416 $ (2,535) $ (2,119) 2017 (in thousands) December 31, 2016 Change September 30, 2017 Unrealized gain on available-for-sale debt and equity securities $ 237 $ 579 $ 816 Unrealized gain on available-for-sale debt security for which a portion of an other-than-temporary impairment has been recognized in earnings 706 158 864 Unrealized gain (loss) on cash flow hedges (256) 71 (185) Total unrealized gain $ 687 $ 808 $ 1,495

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	9 Months Ended
	Sep. 30, 2018
REVENUE FROM CONTRACTS WITH CUSTOMERS
Schedule of net revenues by reportable segments	Three Months Ended September 30, 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) $ 40,655 $ 4,414 $ 133 $ 45,202 $ 113 $ 7,718 $ 7,831 $ 53,033 Noninterest income: Service charges on deposit accounts 3,568 11 — 3,579 — — — 3,579 Net refund transfer fees — — — — 149 — 149 149 Mortgage banking income(1) — — 1,360 1,360 — — — 1,360 Interchange fee income 2,721 — — 2,721 22 14 36 2,757 Program fees(1) — — — — 93 1,593 1,686 1,686 Increase in cash surrender value of BOLI(1) 385 — — 385 — — — 385 Net gains (losses) on OREO 248 — — 248 — — — 248 Other 942 — 124 1,066 — 235 235 1,301 Total noninterest income 7,864 11 1,484 9,359 264 1,842 2,106 11,465 Total net revenue $ 48,519 $ 4,425 $ 1,617 $ 54,561 $ 377 $ 9,560 $ 9,937 $ 64,498 Net-revenue concentration(2) 74 % 7 % 3 % 84 % 1 % 15 % 16 % 100 % Three Months Ended September 30, 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) $ 37,396 $ 4,737 $ 102 $ 42,235 $ 60 $ 6,012 $ 6,072 $ 48,307 Noninterest income: Service charges on deposit accounts 3,384 11 — 3,395 — — — 3,395 Net refund transfer fees — — — — 177 — 177 177 Mortgage banking income(1) — — 1,102 1,102 — — — 1,102 Interchange fee income 2,432 — — 2,432 16 27 43 2,475 Program fees(1) — — — — 63 1,534 1,597 1,597 Increase in cash surrender value of BOLI(1) 394 — — 394 — — — 394 Net gains (losses) on OREO 31 — — 31 — — — 31 Other 889 — 65 954 — 249 249 1,203 Total noninterest income 7,130 11 1,167 8,308 256 1,810 2,066 10,374 Total net revenue $ 44,526 $ 4,748 $ 1,269 $ 50,543 $ 316 $ 7,822 $ 8,138 $ 58,681 Net-revenue concentration(2) 76 % 8 % 2 % 86 % 1 % 13 % 14 % 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. Nine Months Ended September 30, 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) $ 118,191 $ 12,169 $ 308 $ 130,668 $ 19,127 $ 21,987 $ 41,114 $ 171,782 Noninterest income: Service charges on deposit accounts 10,678 30 — 10,708 — — — 10,708 Net refund transfer fees — — — — 19,974 — 19,974 19,974 Mortgage banking income(1) — — 3,696 3,696 — — — 3,696 Interchange fee income 8,052 — — 8,052 210 53 263 8,315 Program fees(1) — — — — 276 4,429 4,705 4,705 Increase in cash surrender value of BOLI(1) 1,135 — — 1,135 — — — 1,135 Net gains (losses) on OREO 700 — — 700 — — — 700 Other 2,026 — 211 2,237 1,002 834 1,836 4,073 Total noninterest income 22,591 30 3,907 26,528 21,462 5,316 26,778 53,306 Total net revenue $ 140,782 $ 12,199 $ 4,215 $ 157,196 $ 40,589 $ 27,303 $ 67,892 $ 225,088 Net-revenue concentration* 63 % 5 % 2 % 70 % 18 % 12 % 30 % 100 % Nine Months Ended September 30, 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) $ 103,490 $ 13,073 $ 255 $ 116,818 $ 15,179 $ 15,885 $ 31,064 $ 147,882 Noninterest income: Service charges on deposit accounts 10,044 27 — 10,071 (39) — (39) 10,032 Net refund transfer fees — — — — 18,329 — 18,329 18,329 Mortgage banking income(1) — — 3,707 3,707 — — — 3,707 Interchange fee income 7,106 — — 7,106 187 55 242 7,348 Program fees(1) — — — — 103 3,869 3,972 3,972 Increase in cash surrender value of BOLI(1) 1,178 — — 1,178 — — — 1,178 Net gains (losses) on OREO 397 — 25 422 — — — 422 Other 1,893 — 167 2,060 4 1,172 1,176 3,236 Total noninterest income 20,618 27 3,899 24,544 18,584 5,096 23,680 48,224 Total net revenue $ 124,108 $ 13,100 $ 4,154 $ 141,362 $ 33,763 $ 20,981 $ 54,744 $ 196,106 Net-revenue concentration* 63 % 7 % 2 % 72 % 17 % 11 % 28 % 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)	9 Months Ended
	Sep. 30, 2018
SEGMENT INFORMATION
Segment Information	Segment information for the three and nine months ended September 30, 2018 and 2017 follows: Three Months Ended September 30, 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 $ 40,655 $ 4,414 $ 133 $ 45,202 $ 113 $ 7,718 $ 7,831 $ 53,033 Provision for loan and lease losses 696 (183) — 513 (1,028) 4,592 3,564 4,077 Net refund transfer fees — — — — 149 — 149 149 Mortgage banking income — — 1,360 1,360 — — — 1,360 Program fees — — — — 93 1,593 1,686 1,686 Other noninterest income 7,864 11 124 7,999 22 249 271 8,270 Total noninterest income 7,864 11 1,484 9,359 264 1,842 2,106 11,465 Total noninterest expense 34,847 834 1,071 36,752 2,656 1,804 4,460 41,212 Income (loss) before income tax expense 12,976 3,774 546 17,296 (1,251) 3,164 1,913 19,209 Income tax expense (benefit) 966 864 114 1,944 (799) 653 (146) 1,798 Net income (loss) $ 12,010 $ 2,910 $ 432 $ 15,352 $ (452) $ 2,511 $ 2,059 $ 17,411 Period-end assets $ 4,537,971 $ 561,625 $ 13,251 $ 5,112,847 $ 15,991 $ 93,516 $ 109,507 $ 5,222,354 Net interest margin 3.82 % 3.26 % NM 3.76 % NM NM NM 4.32 % Net-revenue concentration* 74 % 7 % 3 % 84 % 1 % 15 % 16 % 100 % Three Months Ended September 30, 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 $ 37,396 $ 4,737 $ 102 $ 42,235 $ 60 $ 6,012 $ 6,072 $ 48,307 Provision for loan and lease losses 683 (74) — 609 (840) 4,452 3,612 4,221 Net refund transfer fees — — — — 177 — 177 177 Mortgage banking income — — 1,102 1,102 — — — 1,102 Program fees — — — — 63 1,534 1,597 1,597 Other noninterest income 7,130 11 65 7,206 16 276 292 7,498 Total noninterest income 7,130 11 1,167 8,308 256 1,810 2,066 10,374 Total noninterest expense 32,280 848 1,149 34,277 2,851 898 3,749 38,026 Income (loss) before income tax expense 11,563 3,974 120 15,657 (1,695) 2,472 777 16,434 Income tax expense (benefit) 3,951 1,454 41 5,446 (615) 897 282 5,728 Net income (loss) $ 7,612 $ 2,520 $ 79 $ 10,211 $ (1,080) $ 1,575 $ 495 $ 10,706 Period-end assets $ 4,361,591 $ 570,676 $ 9,395 $ 4,941,662 $ 13,090 $ 38,422 $ 51,512 $ 4,993,174 Net interest margin 3.70 % 3.54 % NM 3.68 % NM NM NM 4.17 % Net-revenue concentration* 76 % 8 % 2 % 86 % 1 % 13 % 14 % 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 Nine Months Ended September 30, 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 $ 118,191 $ 12,169 $ 308 $ 130,668 $ 19,127 $ 21,987 $ 41,114 $ 171,782 Provision for loan and lease losses 2,158 88 — 2,246 11,473 12,545 24,018 26,264 Net refund transfer fees — — — — 19,974 — 19,974 19,974 Mortgage banking income — — 3,696 3,696 — — — 3,696 Program fees — — — — 276 4,429 4,705 4,705 Other noninterest income 22,591 30 211 22,832 1,212 887 2,099 24,931 Total noninterest income 22,591 30 3,907 26,528 21,462 5,316 26,778 53,306 Total noninterest expense 103,654 2,523 3,451 109,628 11,454 3,807 15,261 124,889 Income before income tax expense 34,970 9,588 764 45,322 17,662 10,951 28,613 73,935 Income tax expense 4,906 2,193 160 7,259 3,664 2,466 6,130 13,389 Net income $ 30,064 $ 7,395 $ 604 $ 38,063 $ 13,998 $ 8,485 $ 22,483 $ 60,546 Period-end assets $ 4,537,971 $ 561,625 $ 13,251 $ 5,112,847 $ 15,991 $ 93,516 $ 109,507 $ 5,222,354 Net interest margin 3.71 % 3.18 % NM 3.65 % NM NM NM 4.67 % Net-revenue concentration* 63 % 5 % 2 % 70 % 18 % 12 % 30 % 100 % Nine Months Ended September 30, 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 $ 103,490 $ 13,073 $ 255 $ 116,818 $ 15,179 $ 15,885 $ 31,064 $ 147,882 Provision for loan and lease losses 2,611 (36) — 2,575 6,763 12,295 19,058 21,633 Net refund transfer fees — — — — 18,329 — 18,329 18,329 Mortgage banking income — — 3,707 3,707 — — — 3,707 Program fees — — — — 103 3,869 3,972 3,972 Other noninterest income 20,618 27 192 20,837 152 1,227 1,379 22,216 Total noninterest income 20,618 27 3,899 24,544 18,584 5,096 23,680 48,224 Total noninterest expense 93,552 2,448 3,347 99,347 10,891 2,461 13,352 112,699 Income before income tax expense 27,945 10,688 807 39,440 16,109 6,225 22,334 61,774 Income tax expense 8,684 3,909 282 12,875 5,846 2,259 8,105 20,980 Net income $ 19,261 $ 6,779 $ 525 $ 26,565 $ 10,263 $ 3,966 $ 14,229 $ 40,794 Period-end assets $ 4,361,591 $ 570,676 $ 9,395 $ 4,941,662 $ 13,090 $ 38,422 $ 51,512 $ 4,993,174 Net interest margin 3.48 % 3.58 % NM 3.49 % NM NM NM 4.34 % Net-revenue concentration* 63 % 7 % 2 % 72 % 17 % 11 % 28 % 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 SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - OPERATIONS (Details)	9 Months Ended
	Sep. 30, 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	32
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
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	7
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 SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - SEGMENTS (Details) - USD ($) $ in Thousands	2 Months Ended		3 Months Ended		9 Months Ended	27 Months Ended	30 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Sep. 30, 2018	Jun. 30, 2018	Sep. 30, 2018	Mar. 31, 2018	Mar. 31, 2018
Basis of Presentation
Transfers from loans held for sale to held for investment					$ 2,237
Tax Refund Solutions | Easy Advances
Basis of Presentation
Amount of credit risk associated with refund transfers			$ 0		$ 0
Period Easy Advance tax credit product offered	2 months	2 months
Fee charged	$ 0	$ 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
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)			100.00%				90.00%
Interest retained (as a percent)							10.00%
Reclassification of interest into held-for-sale			10.00%
Consumer loans held for sale period							2 days
Book value of portfolio			$ 3,500		$ 3,500
Net realizable value of portfolio			$ 1,500		$ 1,500
Republic Credit Solutions | Healthcare receivables
Basis of Presentation
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
Transfers from loans held for sale to held for investment				$ 2,200

BASIS OF PRESENTATION AND SUM_6

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - ASUs (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017
Accounting Pronouncements
Assets	$ 5,222,354	$ 5,085,362	$ 4,993,174
Liabilities	4,545,544	$ 4,452,938
Accounting Standards Update 2016-02 | Proforma Adjustment
Accounting Pronouncements
Assets	28,000
Liabilities	$ 28,000

INVESTMENT SECURITIES - AFS (De

INVESTMENT SECURITIES - AFS (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Available-for-Sale Debt Securities
Amortized Cost	$ 448,082	$ 524,112
Gross Unrealized Gains	3,583	3,590
Gross Unrealized Losses	(6,541)	(3,399)
Fair Value	445,124	524,303
U.S. Treasury securities and U.S. Government agencies
Available-for-Sale Debt Securities
Amortized Cost	238,418	309,042
Gross Unrealized Gains		1
Gross Unrealized Losses	(2,780)	(1,451)
Fair Value	235,638	307,592
Private label mortgage backed security
Available-for-Sale Debt Securities
Amortized Cost	2,484	3,065
Gross Unrealized Gains	1,365	1,384
Fair Value	3,849	4,449
Mortgage backed securities - residential
Available-for-Sale Debt Securities
Amortized Cost	117,129	105,644
Gross Unrealized Gains	970	1,603
Gross Unrealized Losses	(2,157)	(873)
Fair Value	115,942	106,374
Collateralized mortgage obligations
Available-for-Sale Debt Securities
Amortized Cost	76,528	87,867
Gross Unrealized Gains	441	371
Gross Unrealized Losses	(1,604)	(1,075)
Fair Value	75,365	87,163
Corporate bonds
Available-for-Sale Debt Securities
Amortized Cost	10,000	15,001
Gross Unrealized Gains	80	124
Fair Value	10,080	15,125
Trust preferred security
Available-for-Sale Debt Securities
Amortized Cost	3,523	3,493
Gross Unrealized Gains	727	107
Fair Value	$ 4,250	$ 3,600

INVESTMENT SECURITIES - HTM (De

INVESTMENT SECURITIES - HTM (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Held-to-Maturity Debt Securities
Carrying Value	$ 65,925	$ 64,227
Gross Unrecognized Gains	808	932
Total Unrecognized Losses	(66)	(26)
Total securities	$ 66,667	$ 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	$ 146	$ 151
Gross Unrecognized Gains	9	10
Total securities	155	161
Collateralized mortgage obligations
Held-to-Maturity Debt Securities
Carrying Value	20,224	23,437
Gross Unrecognized Gains	221	236
Total Unrecognized Losses	(29)	(17)
Total securities	20,416	23,656
Corporate bonds
Held-to-Maturity Debt Securities
Carrying Value	45,092	40,175
Gross Unrecognized Gains	578	686
Total Unrecognized Losses	(23)	(3)
Total securities	45,647	40,858
Obligations of state and political subdivisions
Held-to-Maturity Debt Securities
Carrying Value	463	464
Total Unrecognized Losses	(14)	(6)
Total securities	$ 449	$ 458

INVESTMENT SECURITIES - SALES O

INVESTMENT SECURITIES - SALES OF AFS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
INVESTMENT SECURITIES
Net gains (losses) on securities available for sale	$ 0	$ 0	$ 0	$ 0

INVESTMENT SECURITIES - AMORTIZ

INVESTMENT SECURITIES - AMORTIZED COST AND FV (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Securities available for Sale - Amortized Cost
Due in one year or less	$ 45,033
Due from one year to five years	203,385
Due beyond ten years	3,523
Amortized Cost	448,082	$ 524,112
Securities available for Sale - Fair Value
Due in one year or less	44,825
Due from one year to five years	200,893
Due beyond ten years	4,250
Total securities	445,124	524,303
Securities held to maturity - Carrying Value
Due in one year or less	50
Due from one year to five years	10,386
Due from five years to ten years	35,119
Total securities	65,925	64,227
Securities held to maturity - Fair Value
Due in one year or less	50
Due from one year to five years	10,441
Due from five years to ten years	35,605
Total securities	66,667	65,133
Private label mortgage backed security
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	2,484
Amortized Cost	2,484	3,065
Securities available for Sale - Fair Value
Securities not due at a single maturity date	3,849
Total securities	3,849	4,449
Mortgage backed securities - residential
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	117,129
Amortized Cost	117,129	105,644
Securities available for Sale - Fair Value
Securities not due at a single maturity date	115,942
Total securities	115,942	106,374
Securities held to maturity - Carrying Value
Securities not due at a single maturity date	146
Total securities	146	151
Securities held to maturity - Fair Value
Securities not due at a single maturity date	155
Total securities	155	161
Collateralized mortgage obligations
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	76,528
Amortized Cost	76,528	87,867
Securities available for Sale - Fair Value
Securities not due at a single maturity date	75,365
Total securities	75,365	87,163
Securities held to maturity - Carrying Value
Securities not due at a single maturity date	20,224
Total securities	20,224	23,437
Securities held to maturity - Fair Value
Securities not due at a single maturity date	20,416
Total securities	20,416	23,656
Corporate bonds
Securities available for Sale - Amortized Cost
Amortized Cost	10,000	15,001
Securities available for Sale - Fair Value
Total securities	10,080	15,125
Securities held to maturity - Carrying Value
Total securities	45,092	40,175
Securities held to maturity - Fair Value
Total securities	$ 45,647	$ 40,858
Percentage of concentration risk	11.00%	9.00%

INVESTMENT SECURITIES - TRUST P

INVESTMENT SECURITIES - TRUST PREFERRED SECURITY (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 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	$ 159,880	$ 91,451
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	3,849
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	$ 3,800		$ 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	Sep. 30, 2018	Dec. 31, 2017
Available-for-sale debt securities
Less than 12 months Fair Value	$ 203,897	$ 301,476
Less than 12 months Unrealized Losses	(3,146)	(1,758)
12 months or more Fair Value	155,961	117,210
12 months or more Unrealized Losses	(3,395)	(1,641)
Total Fair Value	359,858	418,686
Total Unrealized Losses	$ (6,541)	$ (3,399)
Number of securities held	186	185
Number of securities held in an unrealized loss position	68	58
Held-to-maturity debt securities
Less than 12 months Fair Value	$ 5,020	$ 5,455
Less than 12 months Unrealized Losses	(24)	(9)
12 months or more Fair Value	6,110	6,390
12 months or more Unrealized Losses	(42)	(17)
Total Fair Value	11,130	11,845
Total Unrealized Losses	(66)	(26)
U.S. Treasury securities and U.S. Government agencies
Available-for-sale debt securities
Less than 12 months Fair Value	129,894	209,165
Less than 12 months Unrealized Losses	(1,414)	(499)
12 months or more Fair Value	105,744	88,415
12 months or more Unrealized Losses	(1,366)	(952)
Total Fair Value	235,638	297,580
Total Unrealized Losses	(2,780)	(1,451)
Mortgage backed securities - residential
Available-for-sale debt securities
Less than 12 months Fair Value	56,862	61,348
Less than 12 months Unrealized Losses	(953)	(617)
12 months or more Fair Value	33,654	10,192
12 months or more Unrealized Losses	(1,204)	(256)
Total Fair Value	90,516	71,540
Total Unrealized Losses	(2,157)	(873)
Collateralized mortgage obligations
Available-for-sale debt securities
Less than 12 months Fair Value	17,141	30,963
Less than 12 months Unrealized Losses	(779)	(642)
12 months or more Fair Value	16,563	18,603
12 months or more Unrealized Losses	(825)	(433)
Total Fair Value	33,704	49,566
Total Unrealized Losses	(1,604)	(1,075)
Held-to-maturity debt securities
12 months or more Fair Value	5,765	6,390
12 months or more Unrealized Losses	(29)	(17)
Total Fair Value	5,765	6,390
Total Unrealized Losses	(29)	(17)
Corporate bonds
Held-to-maturity debt securities
Less than 12 months Fair Value	4,915	4,997
Less than 12 months Unrealized Losses	(23)	(3)
Total Fair Value	4,915	4,997
Total Unrealized Losses	(23)	(3)
Obligations of state and political subdivisions
Held-to-maturity debt securities
Less than 12 months Fair Value	105	458
Less than 12 months Unrealized Losses	(1)	(6)
12 months or more Fair Value	345
12 months or more Unrealized Losses	(13)
Total Fair Value	450	458
Total Unrealized Losses	$ (14)	$ (6)

INVESTMENT SECURITIES - OTHER T

INVESTMENT SECURITIES - OTHER THAN TEMPORARY IMPAIRMENT (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Bank's private label mortgage backed security credit losses recognized in earnings
Available-for-sale Securities, Debt Securities	$ 445,124	$ 524,303
Number of securities held	186	185
Private label mortgage backed security
Bank's private label mortgage backed security credit losses recognized in earnings
Available-for-sale Securities, Debt Securities	$ 3,849	$ 4,449
Number of securities held	1

INVESTMENT SECURITIES - PLEDGED

INVESTMENT SECURITIES - PLEDGED DEBT SECURITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
INVESTMENT SECURITIES
Carrying value	$ 258,670	$ 262,679
Fair value	$ 258,777	$ 262,902

INVESTMENT SECURITIES - EQUITY

INVESTMENT SECURITIES - EQUITY SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Dec. 31, 2017
Equity securities
Amortized Cost	$ 2,500	$ 2,500	$ 2,500
Gross Unrealized Gains		332	473
Gross Unrealized Losses		(115)	(45)
Fair Value	2,717	2,717	2,928
Gains (Losses) Recognized on Equity securities, Unrealized	(76)	(211)
Gains (Losses) Recognized on Equity securities, Total	(76)	(211)
Freddie Mac preferred stock
Equity securities
Gross Unrealized Gains		332	473
Fair Value	332	332	473
Gains (Losses) Recognized on Equity securities, Unrealized	(57)	(141)
Gains (Losses) Recognized on Equity securities, Total	(57)	(141)
Community Reinvestment Act mutual fund
Equity securities
Amortized Cost	2,500	2,500	2,500
Gross Unrealized Losses		(115)	(45)
Fair Value	2,385	2,385	$ 2,455
Gains (Losses) Recognized on Equity securities, Unrealized	(19)	(70)
Gains (Losses) Recognized on Equity securities, Total	$ (19)	$ (70)

LOANS HELD FOR SALE (Details)

LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended		27 Months Ended	30 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Mar. 31, 2018	Mar. 31, 2018
Loans held for sale
Transfers from loans held for sale to held for investment				$ 2,237
Carried at fair value
Balance, beginning of period			$ 3,235	2,677	$ 2,198
Origination of consumer loans held for sale			15,066	16,985	46,847
Loans transferred to held for investment				(2,237)
Proceeds from the sale of consumer loans held for sale			(15,115)	(17,039)	(45,988)
Net gain (loss) on sale of consumer loans held for sale			182	(386)	311
Balance, end of period			3,368		3,368
Carried at lower of cost or fair value
Balance, beginning of period	$ 13,684		2,464	8,551	1,310
Origination of consumer loans held for sale	209,462		164,815	565,886	407,997
Loans transferred from held for investment	1,392			1,392
Proceeds from the sale of consumer loans held for sale	(205,078)		(162,947)	(559,607)	(407,181)
Net gain on sale of consumer loans held for sale	1,577		1,352	4,815	3,558
Balance, end of period	$ 21,037	$ 13,684	$ 5,684	$ 21,037	$ 5,684
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
Transfers from loans held for sale to held for investment		$ 2,200
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%
Republic Credit Solutions | Credit card
Loans held for sale
Percentage of loan receivable held for sale (as a percent)	100.00%						90.00%
Consumer loans held for sale period							2 days
Interest retained (as a percent)							10.00%
Reclassification of interest into held-for-sale	10.00%

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - COMPOSITION OF LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Loans disclosures
Total loans	$ 4,136,195		$ 4,014,034
Allowance for loan and lease losses	(43,824)	$ (45,047)	(42,769)	$ (40,191)	$ (37,898)	$ (32,920)
Loans, net	4,092,371		3,971,265
Core Banking Activities
Loans disclosures
Total loans	4,051,229		3,935,498
Allowance for loan and lease losses	(31,407)	(31,334)	(30,147)	(29,546)	(29,251)	(27,928)
Traditional Banking
Loans disclosures
Total loans	3,490,415		3,409,926
Allowance for loan and lease losses	(30,005)	(29,749)	(28,833)	(28,118)	(27,749)	(26,464)
Republic Processing Group
Loans disclosures
Total loans	84,966		78,536
Allowance for loan and lease losses	(12,417)	(13,713)	(12,622)	(10,645)	(8,647)	(4,992)
Residential Real Estate - Owner Occupied | Traditional Banking
Loans disclosures
Total loans	913,228		921,565
Allowance for loan and lease losses	(5,871)	(6,035)	(6,182)	(6,573)	(6,740)	(7,158)
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking
Loans disclosures
Total loans	99,096		116,792
Allowance for loan and lease losses	(248)	(263)	(292)	(314)	(324)	(373)
Residential Real Estate - Non Owner Occupied | Traditional Banking
Loans disclosures
Total loans	232,306		205,081
Allowance for loan and lease losses	(1,593)	(1,552)	(1,396)	(1,337)	(1,237)	(1,139)
Commercial Real Estate | Traditional Banking
Loans disclosures
Total loans	1,214,804		1,207,293
Allowance for loan and lease losses	(10,003)	(9,815)	(9,043)	(8,770)	(8,368)	(8,078)
Construction & land development | Traditional Banking
Loans disclosures
Total loans	174,043		150,065
Allowance for loan and lease losses	(2,668)	(2,825)	(2,364)	(2,076)	(2,508)	(1,850)
Commercial & industrial | Traditional Banking
Loans disclosures
Total loans	387,766		341,692
Allowance for loan and lease losses	(2,528)	(2,318)	(2,198)	(1,930)	(1,682)	(1,511)
Lease Financing Receivables | Traditional Banking
Loans disclosures
Total loans	15,229		16,580
Allowance for loan and lease losses	(160)	(160)	(174)	(162)	(151)	(136)
Home equity lines of credit | Traditional Banking
Loans disclosures
Total loans	332,690		347,655
Allowance for loan and lease losses	(3,622)	(3,658)	(3,754)	(3,848)	(3,787)	(3,757)
Consumer: Credit cards | Traditional Banking
Loans disclosures
Total loans	19,151		16,078
Allowance for loan and lease losses	(868)	(805)	(607)	(606)	(588)	(490)
Consumer: Overdrafts | Traditional Banking
Loans disclosures
Total loans	983		974
Allowance for loan and lease losses	(983)	(878)	(974)	(892)	(806)	(675)
Consumer: Automobile loan | Traditional Banking
Loans disclosures
Total loans	62,179		65,650
Allowance for loan and lease losses	(769)	(664)	(687)	(669)	(640)	(526)
Other consumer | Traditional Banking
Loans disclosures
Total loans	38,940		20,501
Allowance for loan and lease losses	(692)	(776)	(1,162)	(941)	(918)	(771)
Warehouse lines of credit | Warehouse Lending
Loans disclosures
Total loans	560,814		525,572
Allowance for loan and lease losses	(1,402)	(1,585)	(1,314)	(1,428)	(1,502)	(1,464)
Other TRS loans | Republic Processing Group
Loans disclosures
Total loans	292		11,648
Allowance for loan and lease losses	(75)	(67)	(12)			(25)
Republic Credit Solutions | Republic Processing Group
Loans disclosures
Total loans	84,674		66,888
Allowance for loan and lease losses	$ (12,342)	$ (13,646)	$ (12,610)	$ (10,645)	$ (8,647)	$ (4,967)

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES
Contractually receivable	$ 4,135,623	$ 4,014,673
Unearned income	(1,164)	(1,157)
Unamortized premiums	674	1,069
Unaccreted discounts	(3,469)	(4,643)
Net unamortized deferred origination fees and costs	4,531	4,092
Carrying value of loans	$ 4,136,195	$ 4,014,034

LOANS AND ALLOWANCE FOR LOAN _5

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - PCI RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Dec. 31, 2017
Disclosures on loans acquired
Contractually receivable					$ 4,135,623	$ 4,014,673
Carrying value of loans					4,136,195	4,014,034
PCI loan
Disclosures on loans acquired
Contractually receivable					4,653	5,435
Non-accretable amount					(1,593)	(1,691)
Accretable amount	$ (100)	$ (3,333)	$ (140)	$ (3,600)	(100)	(140)
Carrying value of loans					$ 2,960	$ 3,604
Rollforward of the accretable discount on PCI loans
Balance at the beginning of the period	(100)	(3,333)	(140)	(3,600)
Transfers between non-accretable and accretable	(168)	(44)	(409)	31
Net accretion into interest income on loans, including loan fees	168	1,684	449	1,876
Balance at the end of the period	$ (100)	$ (1,693)	$ (100)	$ (1,693)

LOANS AND ALLOWANCE FOR LOAN _6

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - RISK CATEGORY (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Risk category of rated loans
Loans	$ 4,136,195	$ 4,014,034
Pass
Risk category of rated loans
Loans	2,339,876	2,241,808
Special Mention
Risk category of rated loans
Loans	22,648	23,813
Substandard
Risk category of rated loans
Loans	22,809	21,202
Purchased Credit Impaired Loans - Group 1
Risk category of rated loans
Loans	1,337	1,833
Purchased Credit Impaired Loans - Substandard
Risk category of rated loans
Loans	1,623	1,771
Rated Loans
Risk category of rated loans
Loans	2,388,293	2,290,427
Core Banking Activities
Risk category of rated loans
Loans	4,051,229	3,935,498
Core Banking Activities | Pass
Risk category of rated loans
Loans	2,339,876	2,230,160
Core Banking Activities | Special Mention
Risk category of rated loans
Loans	22,648	23,813
Core Banking Activities | Substandard
Risk category of rated loans
Loans	22,511	20,136
Core Banking Activities | Purchased Credit Impaired Loans - Group 1
Risk category of rated loans
Loans	1,337	1,833
Core Banking Activities | Purchased Credit Impaired Loans - Substandard
Risk category of rated loans
Loans	1,623	1,771
Core Banking Activities | Rated Loans
Risk category of rated loans
Loans	2,387,995	2,277,713
Traditional Banking
Risk category of rated loans
Loans	3,490,415	3,409,926
Traditional Banking | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	913,228	921,565
Traditional Banking | Residential Real Estate - Owner Occupied - Correspondent
Risk category of rated loans
Loans	99,096	116,792
Traditional Banking | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	232,306	205,081
Traditional Banking | Commercial Real Estate
Risk category of rated loans
Loans	1,214,804	1,207,293
Traditional Banking | Construction & land development
Risk category of rated loans
Loans	174,043	150,065
Traditional Banking | Commercial & industrial
Risk category of rated loans
Loans	387,766	341,692
Traditional Banking | Lease Financing Receivables
Risk category of rated loans
Loans	15,229	16,580
Traditional Banking | Home equity lines of credit
Risk category of rated loans
Loans	332,690	347,655
Traditional Banking | Consumer: Credit cards
Risk category of rated loans
Loans	19,151	16,078
Traditional Banking | Consumer: Overdrafts
Risk category of rated loans
Loans	983	974
Traditional Banking | Consumer: Automobile loan
Risk category of rated loans
Loans	62,179	65,650
Traditional Banking | Other consumer
Risk category of rated loans
Loans	38,940	20,501
Traditional Banking | Pass
Risk category of rated loans
Loans	1,779,062	1,704,588
Traditional Banking | Pass | Commercial Real Estate
Risk category of rated loans
Loans	1,203,903	1,197,299
Traditional Banking | Pass | Construction & land development
Risk category of rated loans
Loans	173,920	149,332
Traditional Banking | Pass | Commercial & industrial
Risk category of rated loans
Loans	386,010	341,377
Traditional Banking | Pass | Lease Financing Receivables
Risk category of rated loans
Loans	15,229	16,580
Traditional Banking | Special Mention
Risk category of rated loans
Loans	22,648	23,813
Traditional Banking | Special Mention | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	15,067	18,054
Traditional Banking | Special Mention | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	582	635
Traditional Banking | Special Mention | Commercial Real Estate
Risk category of rated loans
Loans	5,911	4,824
Traditional Banking | Special Mention | Commercial & industrial
Risk category of rated loans
Loans	1,088	267
Traditional Banking | Special Mention | Home equity lines of credit
Risk category of rated loans
Loans		33
Traditional Banking | Substandard
Risk category of rated loans
Loans	22,511	20,136
Traditional Banking | Substandard | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	13,307	12,056
Traditional Banking | Substandard | Residential Real Estate - Owner Occupied - Correspondent
Risk category of rated loans
Loans	386
Traditional Banking | Substandard | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	2,068	1,240
Traditional Banking | Substandard | Commercial Real Estate
Risk category of rated loans
Loans	3,851	3,798
Traditional Banking | Substandard | Construction & land development
Risk category of rated loans
Loans	123	733
Traditional Banking | Substandard | Commercial & industrial
Risk category of rated loans
Loans	648	21
Traditional Banking | Substandard | Home equity lines of credit
Risk category of rated loans
Loans	1,482	1,609
Traditional Banking | Substandard | Consumer: Automobile loan
Risk category of rated loans
Loans	156	108
Traditional Banking | Substandard | Other consumer
Risk category of rated loans
Loans	490	571
Traditional Banking | Purchased Credit Impaired Loans - Group 1
Risk category of rated loans
Loans	1,337	1,833
Traditional Banking | Purchased Credit Impaired Loans - Group 1 | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	173	180
Traditional Banking | Purchased Credit Impaired Loans - Group 1 | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans		248
Traditional Banking | Purchased Credit Impaired Loans - Group 1 | Commercial Real Estate
Risk category of rated loans
Loans	1,139	1,372
Traditional Banking | Purchased Credit Impaired Loans - Group 1 | Commercial & industrial
Risk category of rated loans
Loans	20	27
Traditional Banking | Purchased Credit Impaired Loans - Group 1 | Home equity lines of credit
Risk category of rated loans
Loans	5	6
Traditional Banking | Purchased Credit Impaired Loans - Substandard
Risk category of rated loans
Loans	1,623	1,771
Traditional Banking | Purchased Credit Impaired Loans - Substandard | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	1,518	1,658
Traditional Banking | Purchased Credit Impaired Loans - Substandard | Home equity lines of credit
Risk category of rated loans
Loans	103	110
Traditional Banking | Purchased Credit Impaired Loans - Substandard | Other consumer
Risk category of rated loans
Loans	2	3
Traditional Banking | Rated Loans
Risk category of rated loans
Loans	1,827,181	1,752,141
Traditional Banking | Rated Loans | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	30,065	31,948
Traditional Banking | Rated Loans | Residential Real Estate - Owner Occupied - Correspondent
Risk category of rated loans
Loans	386
Traditional Banking | Rated Loans | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	2,650	2,123
Traditional Banking | Rated Loans | Commercial Real Estate
Risk category of rated loans
Loans	1,214,804	1,207,293
Traditional Banking | Rated Loans | Construction & land development
Risk category of rated loans
Loans	174,043	150,065
Traditional Banking | Rated Loans | Commercial & industrial
Risk category of rated loans
Loans	387,766	341,692
Traditional Banking | Rated Loans | Lease Financing Receivables
Risk category of rated loans
Loans	15,229	16,580
Traditional Banking | Rated Loans | Home equity lines of credit
Risk category of rated loans
Loans	1,590	1,758
Traditional Banking | Rated Loans | Consumer: Automobile loan
Risk category of rated loans
Loans	156	108
Traditional Banking | Rated Loans | Other consumer
Risk category of rated loans
Loans	492	574
Warehouse Lending | Warehouse lines of credit
Risk category of rated loans
Loans	560,814	525,572
Warehouse Lending | Pass | Warehouse lines of credit
Risk category of rated loans
Loans	560,814	525,572
Warehouse Lending | Rated Loans | Warehouse lines of credit
Risk category of rated loans
Loans	560,814	525,572
Republic Processing Group
Risk category of rated loans
Loans	84,966	78,536
Republic Processing Group | Other TRS loans
Risk category of rated loans
Loans	292	11,648
Republic Processing Group | Republic Credit Solutions
Risk category of rated loans
Loans	84,674	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	298	1,066
Republic Processing Group | Substandard | Republic Credit Solutions
Risk category of rated loans
Loans	298	1,066
Republic Processing Group | Rated Loans
Risk category of rated loans
Loans	298	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	$ 298	$ 1,066

LOANS AND ALLOWANCE FOR LOAN _7

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE ACTIVITY (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Allowance for loan losses rollforward
Beginning Balance	$ 45,047	$ 37,898	$ 42,769	$ 32,920
Provision for loan and lease losses	4,077	4,221	26,264	21,633
Charged-off	(6,875)	(3,369)	(28,397)	(17,250)
Recoveries	1,575	1,441	3,188	2,888
Ending Balance	43,824	40,191	43,824	40,191
Core Banking Activities
Allowance for loan losses rollforward
Beginning Balance	31,334	29,251	30,147	27,928
Provision for loan and lease losses	513	609	2,246	2,575
Charged-off	(671)	(689)	(2,195)	(1,911)
Recoveries	231	375	1,209	954
Ending Balance	31,407	29,546	31,407	29,546
Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	29,749	27,749	28,833	26,464
Provision for loan and lease losses	696	683	2,158	2,611
Charged-off	(671)	(689)	(2,195)	(1,911)
Recoveries	231	375	1,209	954
Ending Balance	30,005	28,118	30,005	28,118
Warehouse Lending
Allowance for loan losses rollforward
Provision for loan and lease losses	(183)	(74)	88	(36)
Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	13,713	8,647	12,622	4,992
Provision for loan and lease losses	3,564	3,612	24,018	19,058
Charged-off	(6,204)	(2,680)	(26,202)	(15,339)
Recoveries	1,344	1,066	1,979	1,934
Ending Balance	12,417	10,645	12,417	10,645
Residential Real Estate - Owner Occupied | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	6,035	6,740	6,182	7,158
Provision for loan and lease losses	(136)	(222)	(443)	(653)
Charged-off	(46)	(52)	(85)	(163)
Recoveries	18	107	217	231
Ending Balance	5,871	6,573	5,871	6,573
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	263	324	292	373
Provision for loan and lease losses	(15)	(10)	(44)	(59)
Ending Balance	248	314	248	314
Residential Real Estate - Non Owner Occupied | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	1,552	1,237	1,396	1,139
Provision for loan and lease losses	42	100	491	212
Charged-off	(1)		(320)	(14)
Recoveries			26
Ending Balance	1,593	1,337	1,593	1,337
Commercial Real Estate | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	9,815	8,368	9,043	8,078
Provision for loan and lease losses	187	325	831	577
Recoveries	1	77	129	115
Ending Balance	10,003	8,770	10,003	8,770
Construction & land development | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	2,825	2,508	2,364	1,850
Provision for loan and lease losses	(160)	(435)	274	222
Recoveries	3	3	30	4
Ending Balance	2,668	2,076	2,668	2,076
Commercial & industrial | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	2,318	1,682	2,198	1,511
Provision for loan and lease losses	281	388	491	537
Charged-off	(75)	(152)	(200)	(152)
Recoveries	4	12	39	34
Ending Balance	2,528	1,930	2,528	1,930
Lease Financing Receivables | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	160	151	174	136
Provision for loan and lease losses		11	(14)	26
Ending Balance	160	162	160	162
Home equity lines of credit | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	3,658	3,787	3,754	3,757
Provision for loan and lease losses	(81)	14	(372)	62
Charged-off	(14)	(4)	(48)	(99)
Recoveries	59	51	288	128
Ending Balance	3,622	3,848	3,622	3,848
Consumer: Credit cards | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	805	588	607	490
Provision for loan and lease losses	148	50	507	181
Charged-off	(94)	(38)	(282)	(86)
Recoveries	9	6	36	21
Ending Balance	868	606	868	606
Consumer: Overdrafts | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	878	806	974	675
Provision for loan and lease losses	372	311	685	731
Charged-off	(332)	(276)	(891)	(687)
Recoveries	65	51	215	173
Ending Balance	983	892	983	892
Consumer: Automobile loan | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	664	640	687	526
Provision for loan and lease losses	110	40	90	160
Charged-off	(7)	(12)	(11)	(19)
Recoveries	2	1	3	2
Ending Balance	769	669	769	669
Other consumer | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	776	918	1,162	771
Provision for loan and lease losses	(52)	111	(338)	615
Charged-off	(102)	(155)	(358)	(691)
Recoveries	70	67	226	246
Ending Balance	692	941	692	941
Warehouse lines of credit | Warehouse Lending
Allowance for loan losses rollforward
Beginning Balance	1,585	1,502	1,314	1,464
Provision for loan and lease losses	(183)	(74)	88	(36)
Ending Balance	1,402	1,428	1,402	1,428
Easy Advances | Republic Processing Group
Allowance for loan losses rollforward
Provision for loan and lease losses	(1,036)	(840)	11,360	7,041
Charged-off			(12,478)	(8,123)
Recoveries	1,036	840	1,118	1,082
Other TRS loans | Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	67		12	25
Provision for loan and lease losses	8		113	(278)
Charged-off			(55)
Recoveries			5	253
Ending Balance	75		75
Republic Credit Solutions | Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	13,646	8,647	12,610	4,967
Provision for loan and lease losses	4,592	4,452	12,545	12,295
Charged-off	(6,204)	(2,680)	(13,669)	(7,216)
Recoveries	308	226	856	599
Ending Balance	$ 12,342	$ 10,645	$ 12,342	$ 10,645

LOANS AND ALLOWANCE FOR LOAN _8

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - NON-PERFORMING LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 17,015	$ 14,118
Loans past due 90 days or more and still on accrual	254	956
Total nonperforming loans	17,269	15,074
Other real estate owned	70	115
Total nonperforming assets	$ 17,339	$ 15,189
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.42%	0.38%
Nonperforming assets to total loans (including OREO) (as percent)	0.42%	0.38%
Nonperforming assets to total assets (as percent)	0.33%	0.30%
Core Banking Activities
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 17,015	$ 14,118
Loans past due 90 days or more and still on accrual	$ 5	$ 19
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.42%	0.36%
Nonperforming assets to total loans (including OREO) (as percent)	0.42%	0.36%
Nonperforming assets to total assets (as percent)	0.33%	0.28%

LOANS AND ALLOWANCE FOR LOAN _9

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - AGING (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)item	Dec. 31, 2017USD ($)
Aging or recorded investments in loans
Nonaccrual Loan	$ 17,015	$ 14,118
Loans Past Due 90 Days or More and Still Accruing Interest	$ 254	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	$ 17,015	14,118
Loans Past Due 90 Days or More and Still Accruing Interest	5	19
Traditional Banking
Aging or recorded investments in loans
Nonaccrual Loan	17,015	14,118
Loans Past Due 90 Days or More and Still Accruing Interest	5	19
Traditional Banking | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Nonaccrual Loan	11,208	9,230
Traditional Banking | Residential Real Estate - Owner Occupied - Correspondent
Aging or recorded investments in loans
Nonaccrual Loan	386
Traditional Banking | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Nonaccrual Loan	681	257
Traditional Banking | Commercial Real Estate
Aging or recorded investments in loans
Nonaccrual Loan	3,165	3,247
Traditional Banking | Construction & land development
Aging or recorded investments in loans
Nonaccrual Loan	55	67
Traditional Banking | Commercial & industrial
Aging or recorded investments in loans
Nonaccrual Loan	629
Traditional Banking | Home equity lines of credit
Aging or recorded investments in loans
Nonaccrual Loan	769	1,217
Traditional Banking | Consumer: Automobile loan
Aging or recorded investments in loans
Nonaccrual Loan	98	68
Traditional Banking | Other consumer
Aging or recorded investments in loans
Nonaccrual Loan	24	32
Loans Past Due 90 Days or More and Still Accruing Interest	5	19
Republic Processing Group
Aging or recorded investments in loans
Loans Past Due 90 Days or More and Still Accruing Interest	249	937
Republic Processing Group | Republic Credit Solutions
Aging or recorded investments in loans
Loans Past Due 90 Days or More and Still Accruing Interest	$ 249	$ 937

LOANS AND ALLOWANCE FOR LOAN_10

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - DELINQUENT LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Aging or recorded investments in loans
Total Loans Delinquent	$ 17,826	$ 14,101
Total Loans Not Delinquent	4,118,369	3,999,933
Carrying value of loans	$ 4,136,195	$ 4,014,034
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.43%	0.35%
30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 8,897	$ 7,833
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.22%	0.20%
60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 4,021	$ 2,353
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.10%	0.06%
90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 4,908	$ 3,915
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.12%	0.10%
Core Banking Activities
Aging or recorded investments in loans
Total Loans Delinquent	$ 11,840	$ 8,460
Total Loans Not Delinquent	4,039,389	3,927,038
Carrying value of loans	4,051,229	3,935,498
Core Banking Activities | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4,194	4,202
Core Banking Activities | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,987	1,280
Core Banking Activities | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4,659	2,978
Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	11,840	8,460
Total Loans Not Delinquent	3,478,575	3,401,466
Carrying value of loans	3,490,415	3,409,926
Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4,194	4,202
Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,987	1,280
Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4,659	2,978
Republic Processing Group
Aging or recorded investments in loans
Total Loans Delinquent	5,986	5,641
Total Loans Not Delinquent	78,980	72,895
Carrying value of loans	84,966	78,536
Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4,703	3,631
Republic Processing Group | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,034	1,073
Republic Processing Group | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	249	937
Residential Real Estate - Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	7,464	4,782
Total Loans Not Delinquent	905,764	916,783
Carrying value of loans	913,228	921,565
Residential Real Estate - Owner Occupied | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,182	2,559
Residential Real Estate - Owner Occupied | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,161	1,166
Residential Real Estate - Owner Occupied | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	3,121	1,057
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking
Aging or recorded investments in loans
Total Loans Not Delinquent	99,096	116,792
Carrying value of loans	99,096	116,792
Residential Real Estate - Non Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	603	146
Total Loans Not Delinquent	231,703	204,935
Carrying value of loans	232,306	205,081
Residential Real Estate - Non Owner Occupied | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	29	47
Residential Real Estate - Non Owner Occupied | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	501
Residential Real Estate - Non Owner Occupied | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	73	99
Commercial Real Estate | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	1,442	1,727
Total Loans Not Delinquent	1,213,362	1,205,566
Carrying value of loans	1,214,804	1,207,293
Commercial Real Estate | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	225	398
Commercial Real Estate | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,217	1,329
Construction & land development | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	332	67
Total Loans Not Delinquent	173,711	149,998
Carrying value of loans	174,043	150,065
Construction & land development | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	332	67
Commercial & industrial | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	28	15
Total Loans Not Delinquent	387,738	341,677
Carrying value of loans	387,766	341,692
Commercial & industrial | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	28	15
Lease Financing Receivables | Traditional Banking
Aging or recorded investments in loans
Total Loans Not Delinquent	15,229	16,580
Carrying value of loans	15,229	16,580
Home equity lines of credit | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	1,419	1,221
Total Loans Not Delinquent	331,271	346,434
Carrying value of loans	332,690	347,655
Home equity lines of credit | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,010	723
Home equity lines of credit | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	229	50
Home equity lines of credit | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	180	448
Consumer: Credit cards | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	143	74
Total Loans Not Delinquent	19,008	16,004
Carrying value of loans	19,151	16,078
Consumer: Credit cards | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	62	34
Consumer: Credit cards | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	81	40
Consumer: Overdrafts | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	259	233
Total Loans Not Delinquent	724	741
Carrying value of loans	983	974
Consumer: Overdrafts | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	251	230
Consumer: Overdrafts | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	7	3
Consumer: Overdrafts | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1
Consumer: Automobile loan | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	92	60
Total Loans Not Delinquent	62,087	65,590
Carrying value of loans	62,179	65,650
Consumer: Automobile loan | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	31	36
Consumer: Automobile loan | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	61	24
Other consumer | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	58	135
Total Loans Not Delinquent	38,882	20,366
Carrying value of loans	38,940	20,501
Other consumer | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	44	93
Other consumer | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	8	21
Other consumer | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	6	21
Warehouse lines of credit | Warehouse Lending
Aging or recorded investments in loans
Total Loans Not Delinquent	560,814	525,572
Carrying value of loans	560,814	525,572
Other TRS loans | Republic Processing Group
Aging or recorded investments in loans
Total Loans Not Delinquent	292	11,648
Carrying value of loans	292	11,648
Republic Credit Solutions | Republic Processing Group
Aging or recorded investments in loans
Total Loans Delinquent	5,986	5,641
Total Loans Not Delinquent	78,688	61,247
Carrying value of loans	84,674	66,888
Republic Credit Solutions | Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4,703	3,631
Republic Credit Solutions | Republic Processing Group | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,034	1,073
Republic Credit Solutions | Republic Processing Group | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 249	$ 937

LOANS AND ALLOWANCE FOR LOAN_11

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - IMPAIRED LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Impaired loans
Loans with no allocated Allowance	$ 20,134	$ 18,540
Loans with allocated Allowance	25,104	27,076
Total recorded investment in impaired loans	45,238	45,616
Amount of the allocated Allowance	4,049	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_12

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - PORTFOLIO CLASS (Details) $ in Thousands	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 3,748		$ 4,201
Collectively evaluated for impairment	39,775		38,084
PCI loans with post acquisition impairment	301		484
Total ending allowance for loan losses	43,824	$ 45,047	42,769	$ 40,191	$ 37,898	$ 32,920
Impaired loans individually evaluated, excluding PCI loans	42,300		42,043
Loans collectively evaluated for impairment	4,090,935		3,968,387
PCI loans with post acquisition impairment	2,938		3,573
PCI loans without post acquisition impairment	22		31
Carrying value of loans	$ 4,136,195		$ 4,014,034
Allowance to Total Loans	1.06		1.07
Core Banking Activities
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 3,730		$ 4,152
Collectively evaluated for impairment	27,376		25,511
PCI loans with post acquisition impairment	301		484
Total ending allowance for loan losses	31,407	31,334	30,147	29,546	29,251	27,928
Impaired loans individually evaluated, excluding PCI loans	42,252		41,914
Loans collectively evaluated for impairment	4,006,017		3,889,980
PCI loans with post acquisition impairment	2,938		3,573
PCI loans without post acquisition impairment	22		31
Carrying value of loans	$ 4,051,229		$ 3,935,498
Allowance to Total Loans	0.78		0.77
Traditional Banking
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 3,730		$ 4,152
Collectively evaluated for impairment	25,974		24,197
PCI loans with post acquisition impairment	301		484
Total ending allowance for loan losses	30,005	29,749	28,833	28,118	27,749	26,464
Impaired loans individually evaluated, excluding PCI loans	42,252		41,914
Loans collectively evaluated for impairment	3,445,203		3,364,408
PCI loans with post acquisition impairment	2,938		3,573
PCI loans without post acquisition impairment	22		31
Carrying value of loans	$ 3,490,415		$ 3,409,926
Allowance to Total Loans	0.86		0.85
Traditional Banking | Residential Real Estate - Owner Occupied
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 2,277		$ 2,361
Collectively evaluated for impairment	3,411		3,501
PCI loans with post acquisition impairment	183		320
Total ending allowance for loan losses	5,871	6,035	6,182	6,573	6,740	7,158
Impaired loans individually evaluated, excluding PCI loans	26,991		27,605
Loans collectively evaluated for impairment	884,547		892,122
PCI loans with post acquisition impairment	1,690		1,838
Carrying value of loans	$ 913,228		$ 921,565
Allowance to Total Loans	0.64		0.67
Traditional Banking | Residential Real Estate - Owner Occupied - Correspondent
Allowance for loans losses
Collectively evaluated for impairment	$ 248		$ 292
Total ending allowance for loan losses	248	263	292	314	324	373
Impaired loans individually evaluated, excluding PCI loans	386
Loans collectively evaluated for impairment	98,710		116,792
Carrying value of loans	$ 99,096		$ 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	$ 8		$ 4
Collectively evaluated for impairment	1,585		1,390
PCI loans with post acquisition impairment			2
Total ending allowance for loan losses	1,593	1,552	1,396	1,337	1,237	1,139
Impaired loans individually evaluated, excluding PCI loans	2,592		1,814
Loans collectively evaluated for impairment	229,714		203,019
PCI loans with post acquisition impairment			248
Carrying value of loans	$ 232,306		$ 205,081
Allowance to Total Loans	0.69		0.68
Traditional Banking | Commercial Real Estate
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 374		$ 407
Collectively evaluated for impairment	9,618		8,588
PCI loans with post acquisition impairment	11		48
Total ending allowance for loan losses	10,003	9,815	9,043	8,770	8,368	8,078
Impaired loans individually evaluated, excluding PCI loans	9,006		9,185
Loans collectively evaluated for impairment	1,204,659		1,196,736
PCI loans with post acquisition impairment	1,137		1,369
PCI loans without post acquisition impairment	2		3
Carrying value of loans	$ 1,214,804		$ 1,207,293
Allowance to Total Loans	0.82		0.75
Traditional Banking | Construction & land development
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 62		$ 107
Collectively evaluated for impairment	2,606		2,257
Total ending allowance for loan losses	2,668	2,825	2,364	2,076	2,508	1,850
Impaired loans individually evaluated, excluding PCI loans	123		733
Loans collectively evaluated for impairment	173,920		149,332
Carrying value of loans	$ 174,043		$ 150,065
Allowance to Total Loans	1.53		1.58
Traditional Banking | Commercial & industrial
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 20		$ 288
Collectively evaluated for impairment	2,508		1,910
Total ending allowance for loan losses	2,528	2,318	2,198	1,930	1,682	1,511
Impaired loans individually evaluated, excluding PCI loans	1,048		308
Loans collectively evaluated for impairment	386,698		341,357
PCI loans without post acquisition impairment	20		27
Carrying value of loans	$ 387,766		$ 341,692
Allowance to Total Loans	0.65		0.64
Traditional Banking | Lease Financing Receivables
Allowance for loans losses
Collectively evaluated for impairment	$ 160		$ 174
Total ending allowance for loan losses	160	160	174	162	151	136
Loans collectively evaluated for impairment	15,229		16,580
Carrying value of loans	$ 15,229		$ 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	3,116		3,218
PCI loans with post acquisition impairment	104		111
Total ending allowance for loan losses	3,622	3,658	3,754	3,848	3,787	3,757
Impaired loans individually evaluated, excluding PCI loans	1,482		1,609
Loans collectively evaluated for impairment	331,100		345,930
PCI loans with post acquisition impairment	108		115
PCI loans without post acquisition impairment			1
Carrying value of loans	$ 332,690		$ 347,655
Allowance to Total Loans	1.09		1.08
Traditional Banking | Consumer: Credit cards
Allowance for loans losses
Collectively evaluated for impairment	$ 868		$ 607
Total ending allowance for loan losses	868	805	607	606	588	490
Loans collectively evaluated for impairment	19,151		16,078
Carrying value of loans	$ 19,151		$ 16,078
Allowance to Total Loans	4.53		3.78
Traditional Banking | Consumer: Overdrafts
Allowance for loans losses
Collectively evaluated for impairment	$ 983		$ 974
Total ending allowance for loan losses	983	878	974	892	806	675
Loans collectively evaluated for impairment	983		974
Carrying value of loans	$ 983		$ 974
Allowance to Total Loans	100		100
Traditional Banking | Consumer: Automobile loan
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 156		$ 32
Collectively evaluated for impairment	613		655
Total ending allowance for loan losses	769	664	687	669	640	526
Impaired loans individually evaluated, excluding PCI loans	156		108
Loans collectively evaluated for impairment	62,023		65,542
Carrying value of loans	$ 62,179		$ 65,650
Allowance to Total Loans	1.24		1.05
Traditional Banking | Other consumer
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 431		$ 528
Collectively evaluated for impairment	258		631
PCI loans with post acquisition impairment	3		3
Total ending allowance for loan losses	692	776	1,162	941	918	771
Impaired loans individually evaluated, excluding PCI loans	468		552
Loans collectively evaluated for impairment	38,469		19,946
PCI loans with post acquisition impairment	3		3
Carrying value of loans	$ 38,940		$ 20,501
Allowance to Total Loans	1.78		5.67
Warehouse Lending | Warehouse lines of credit
Allowance for loans losses
Collectively evaluated for impairment	$ 1,402		$ 1,314
Total ending allowance for loan losses	1,402	1,585	1,314	1,428	1,502	1,464
Loans collectively evaluated for impairment	560,814		525,572
Carrying value of loans	$ 560,814		$ 525,572
Allowance to Total Loans	0.25		0.25
Republic Processing Group
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 18		$ 49
Collectively evaluated for impairment	12,399		12,573
Total ending allowance for loan losses	12,417	13,713	12,622	10,645	8,647	4,992
Impaired loans individually evaluated, excluding PCI loans	48		129
Loans collectively evaluated for impairment	84,918		78,407
Carrying value of loans	$ 84,966		$ 78,536
Allowance to Total Loans	14.61		16.07
Republic Processing Group | Other TRS loans
Allowance for loans losses
Collectively evaluated for impairment	$ 75		$ 12
Total ending allowance for loan losses	75		12
Loans collectively evaluated for impairment	292		11,648
Carrying value of loans	$ 292		$ 11,648
Allowance to Total Loans	25.68		0.10
Republic Processing Group | Republic Credit Solutions
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 18		$ 49
Collectively evaluated for impairment	12,324		12,561
Total ending allowance for loan losses	12,342	$ 13,646	12,610	$ 10,645	$ 8,647	$ 4,967
Impaired loans individually evaluated, excluding PCI loans	48		129
Loans collectively evaluated for impairment	84,626		66,759
Carrying value of loans	$ 84,674		$ 66,888
Allowance to Total Loans	14.58		18.85

LOANS AND ALLOWANCE FOR LOAN_13

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS EVALUATED FOR IMPAIRMENT BY CLASS OF LOANS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Impaired loans with no allocated Allowance:
Recorded Investment	$ 20,134		$ 20,134		$ 18,540
Impaired loans with allocated Allowance:
Recorded Investment	25,104		25,104		27,076
Allowance for Loan Losses Allocated	4,049		4,049		4,685
Total impaired loans
Unpaid Principal Balance	47,475		47,475		47,760
Recorded Investment	45,238		45,238		45,616
Allowance for Loan Losses Allocated	4,049		4,049		4,685
Average Recorded Investment	46,560	$ 47,433	46,665	$ 49,131
Interest Income Recognized	341	345	1,010	1,044
Residential Real Estate - Owner Occupied
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	11,013		11,013		11,664
Recorded Investment	10,428		10,428		10,789
Average Recorded Investment	11,098	11,166	10,839	11,713
Interest Income Recognized	55	39	165	117
Impaired loans with allocated Allowance:
Unpaid Principal Balance	18,315		18,315		18,676
Recorded Investment	18,253		18,253		18,654
Allowance for Loan Losses Allocated	2,460		2,460		2,681
Average Recorded Investment	18,094	20,682	18,467	20,943
Interest Income Recognized	152	177	448	529
Total impaired loans
Allowance for Loan Losses Allocated	2,460		2,460		2,681
Residential Real Estate - Owner Occupied - Correspondent
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	386		386
Recorded Investment	386		386
Average Recorded Investment	388		290
Residential Real Estate - Non Owner Occupied
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	2,874		2,874		1,784
Recorded Investment	2,495		2,495		1,704
Average Recorded Investment	2,572	1,494	2,399	1,444
Interest Income Recognized	22	23	65	62
Impaired loans with allocated Allowance:
Unpaid Principal Balance	108		108		361
Recorded Investment	97		97		358
Allowance for Loan Losses Allocated	8		8		6
Average Recorded Investment	83	410	211	450
Interest Income Recognized	1	5	3	15
Total impaired loans
Allowance for Loan Losses Allocated	8		8		6
Commercial Real Estate
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	6,388		6,388		5,504
Recorded Investment	5,314		5,314		4,430
Average Recorded Investment	5,489	5,127	4,996	5,140
Interest Income Recognized	31	19	88	58
Impaired loans with allocated Allowance:
Unpaid Principal Balance	4,829		4,829		6,124
Recorded Investment	4,829		4,829		6,124
Allowance for Loan Losses Allocated	385		385		455
Average Recorded Investment	5,368	4,895	5,922	5,819
Interest Income Recognized	53	66	160	196
Total impaired loans
Allowance for Loan Losses Allocated	385		385		455
Construction & land development
Impaired loans with no allocated Allowance:
Unpaid Principal Balance					591
Recorded Investment					591
Average Recorded Investment		597	267	537
Interest Income Recognized		7		22
Impaired loans with allocated Allowance:
Unpaid Principal Balance	123		123		142
Recorded Investment	123		123		142
Allowance for Loan Losses Allocated	62		62		107
Average Recorded Investment	126	149	132	275
Interest Income Recognized	1	1	2	3
Total impaired loans
Allowance for Loan Losses Allocated	62		62		107
Commercial & industrial
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	1,136		1,136		20
Recorded Investment	1,028		1,028		20
Average Recorded Investment	852	195	609	128
Interest Income Recognized	7		23	1
Impaired loans with allocated Allowance:
Unpaid Principal Balance	20		20		288
Recorded Investment	20		20		288
Allowance for Loan Losses Allocated	20		20		288
Average Recorded Investment	64	230	126	308
Interest Income Recognized		2	1	7
Total impaired loans
Allowance for Loan Losses Allocated	20		20		288
Home equity lines of credit
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	461		461		1,071
Recorded Investment	444		444		981
Average Recorded Investment	589	1,213	708	1,281
Interest Income Recognized	2	2	6	10
Impaired loans with allocated Allowance:
Unpaid Principal Balance	1,147		1,147		743
Recorded Investment	1,146		1,146		743
Allowance for Loan Losses Allocated	506		506		536
Average Recorded Investment	1,134	834	968	820
Interest Income Recognized	10		29	11
Total impaired loans
Allowance for Loan Losses Allocated	506		506		536
Consumer
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	39		39		25
Recorded Investment	39		39		25
Average Recorded Investment	55	92	47	67
Interest Income Recognized	1	2	2	5
Impaired loans with allocated Allowance:
Unpaid Principal Balance	636		636		767
Recorded Investment	636		636		767
Allowance for Loan Losses Allocated	608		608		612
Average Recorded Investment	648	349	684	206
Interest Income Recognized	6	$ 2	18	$ 8
Total impaired loans
Allowance for Loan Losses Allocated	$ 608		$ 608		$ 612

LOANS AND ALLOWANCE FOR LOAN_14

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - TDR ACCRUAL STATUS (Details) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018USD ($)loan	Dec. 31, 2017USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans | loan	533	1,097
Recorded Investment | $	$ 34,713	$ 34,637
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	227	245
Recorded Investment | $	$ 25,386	$ 25,115
Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	282	830
Recorded Investment | $	$ 512	$ 637
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	17	16
Recorded Investment | $	$ 7,654	$ 7,865
Construction & land development
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	4
Recorded Investment | $	$ 122	$ 733
Commercial & industrial
Troubled Debt Restructurings disclosures
Number of Loans | loan	5	2
Recorded Investment | $	$ 1,039	$ 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 | loan	71	65
Recorded Investment | $	$ 9,524	$ 6,359
Loans on nonaccrual status | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	64	62
Recorded Investment | $	$ 7,538	$ 4,926
Loans on nonaccrual status | Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	1
Recorded Investment | $	$ 41
Loans on nonaccrual status | Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	3	2
Recorded Investment | $	$ 1,262	$ 1,366
Loans on nonaccrual status | Construction & land development
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1
Recorded Investment | $	$ 54	$ 67
Loans on nonaccrual status | Commercial & industrial
Troubled Debt Restructurings disclosures
Number of Loans | loan	2
Recorded Investment | $	$ 629
Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	462	1,032
Recorded Investment | $	$ 25,189	$ 28,278
Accrual Loans | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	163	183
Recorded Investment | $	$ 17,848	$ 20,189
Accrual Loans | Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	281	830
Recorded Investment | $	$ 471	$ 637
Accrual Loans | Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	14	14
Recorded Investment | $	$ 6,392	$ 6,499
Accrual Loans | Construction & land development
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	3
Recorded Investment | $	$ 68	$ 666
Accrual Loans | Commercial & industrial
Troubled Debt Restructurings disclosures
Number of Loans | loan	3	2
Recorded Investment | $	$ 410	$ 287

LOANS AND ALLOWANCE FOR LOAN_15

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - TDR MODIFICATIONS (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018USD ($)loan	Sep. 30, 2017USD ($)loan	Sep. 30, 2018USD ($)loan	Sep. 30, 2017USD ($)loan	Dec. 31, 2017USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans | loan			533		1,097
Recorded Investment			$ 34,713,000		$ 34,637,000
Commitments to lend any additional material amounts to existing TDR relationships	$ 0		0		$ 0
Change between the pre and post modification loan	$ 0	$ 0	$ 0	$ 0
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan			227		245
Recorded Investment			$ 25,386,000		$ 25,115,000
Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan			1		2
Recorded Investment			$ 1,200,000		$ 463,000
Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			164		178
Recorded Investment			$ 18,782,000		$ 20,679,000
Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			15		16
Recorded Investment			$ 3,429,000		$ 1,576,000
Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			47		49
Recorded Investment			$ 1,975,000		$ 2,397,000
Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan			24		22
Recorded Investment			$ 8,815,000		$ 8,885,000
Commercial Real Estate and Commercial Construction | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan			2		3
Recorded Investment			$ 768,000		$ 837,000
Commercial Real Estate and Commercial Construction | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			8		8
Recorded Investment			$ 3,076,000		$ 3,264,000
Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			14		11
Recorded Investment			$ 4,971,000		$ 4,784,000
Consumer and other
Troubled Debt Restructurings disclosures
Number of Loans | loan			282
Recorded Investment			$ 512,000
Consumer and other | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 16,000
Consumer and other | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			279		830
Recorded Investment			$ 436,000		$ 637,000
Consumer and other | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			2
Recorded Investment			$ 60,000
Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan			282		830
Recorded Investment			$ 512,000		$ 637,000
Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	5	15	24	18
Recorded Investment	$ 512,000	$ 1,411,000	$ 5,302,000	$ 2,436,000
Modified During The Period | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	14	16	17
Recorded Investment	$ 18,000	$ 1,169,000	$ 4,117,000	$ 2,194,000
Modified During The Period | Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 1,200,000
Modified During The Period | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			2	1
Recorded Investment			$ 471,000	$ 220,000
Modified During The Period | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan		7	4	9
Recorded Investment		$ 701,000	$ 2,166,000	$ 1,506,000
Modified During The Period | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	7	9	7
Recorded Investment	$ 18,000	$ 468,000	$ 280,000	$ 468,000
Modified During The Period | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	1	5	1
Recorded Investment	$ 434,000	$ 242,000	$ 1,071,000	$ 242,000
Modified During The Period | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	1	5	1
Recorded Investment	$ 434,000	$ 242,000	$ 1,071,000	$ 242,000
Modified During The Period | Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	2		3
Recorded Investment	$ 60,000		$ 114,000
Modified During The Period | Consumer | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	2		1
Recorded Investment	$ 60,000		$ 54,000
Modified During The Period | Consumer | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			2
Recorded Investment			$ 60,000
Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan			500		1,068
Recorded Investment			$ 28,760,000		$ 30,781,000
Percentage of troubled debt restructurings performing as per terms of modifications	83.00%		83.00%		89.00%
Specific reserve allocations made to customers	$ 3,000,000		$ 3,000,000		$ 4,000,000
Percentage of Bank's TDRs that occurred during period, which were performing according to their modified terms	85.00%	91.00%	30.00%	95.00%
Specific reserve allocations made to customers whose loan terms were modified in TDRs during period	$ 78,000	$ 155,000	$ 577,000	$ 186,000
Performing Financing Receivable | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan			196		219
Recorded Investment			$ 19,493,000		$ 22,692,000
Performing Financing Receivable | Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan					2
Recorded Investment					$ 463,000
Performing Financing Receivable | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			148		161
Recorded Investment			$ 16,594,000		$ 18,777,000
Performing Financing Receivable | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			10		14
Recorded Investment			$ 1,248,000		$ 1,455,000
Performing Financing Receivable | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			38		42
Recorded Investment			$ 1,651,000		$ 1,997,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan			24		19
Recorded Investment			$ 8,815,000		$ 7,452,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan			2		3
Recorded Investment			$ 768,000		$ 837,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			8		7
Recorded Investment			$ 3,076,000		$ 3,185,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			14		9
Recorded Investment			$ 4,971,000		$ 3,430,000
Performing Financing Receivable | Consumer and other
Troubled Debt Restructurings disclosures
Number of Loans | loan			280
Recorded Investment			$ 452,000
Performing Financing Receivable | Consumer and other | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 16,000
Performing Financing Receivable | Consumer and other | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			279		830
Recorded Investment			$ 436,000		$ 637,000
Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	14	14	17
Recorded Investment	$ 433,000	$ 1,280,000	$ 1,616,000	$ 2,305,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan		13	8	16
Recorded Investment		$ 1,038,000	$ 491,000	$ 2,063,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			1	1
Recorded Investment			$ 386,000	$ 220,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan		7	1	9
Recorded Investment		$ 701,000	$ 15,000	$ 1,506,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan		6	6	6
Recorded Investment		$ 337,000	$ 90,000	$ 337,000
Performing Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	1	5	1
Recorded Investment	$ 433,000	$ 242,000	$ 1,071,000	$ 242,000
Performing Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	1	5	1
Recorded Investment	$ 433,000	$ 242,000	$ 1,071,000	$ 242,000
Performing Financing Receivable | Modified During The Period | Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 54,000
Performing Financing Receivable | Modified During The Period | Consumer | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 54,000
Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan			33		29
Recorded Investment			$ 5,953,000		$ 3,856,000
Nonperforming Financing Receivable | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan			31		26
Recorded Investment			$ 5,893,000		$ 2,423,000
Nonperforming Financing Receivable | Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 1,200,000
Nonperforming Financing Receivable | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			16		17
Recorded Investment			$ 2,188,000		$ 1,902,000
Nonperforming Financing Receivable | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			5		2
Recorded Investment			$ 2,181,000		$ 121,000
Nonperforming Financing Receivable | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			9		7
Recorded Investment			$ 324,000		$ 400,000
Nonperforming Financing Receivable | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan					3
Recorded Investment					$ 1,433,000
Nonperforming Financing Receivable | Commercial Real Estate and Commercial Construction | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan					1
Recorded Investment					$ 79,000
Nonperforming Financing Receivable | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan					2
Recorded Investment					$ 1,354,000
Nonperforming Financing Receivable | Consumer and other
Troubled Debt Restructurings disclosures
Number of Loans | loan			2
Recorded Investment			$ 60,000
Nonperforming Financing Receivable | Consumer and other | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			2
Recorded Investment			$ 60,000
Nonperforming Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	3	1	10	1
Recorded Investment	$ 79,000	$ 131,000	$ 3,686,000	$ 131,000
Nonperforming Financing Receivable | Modified During The Period | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1	8	1
Recorded Investment	$ 18,000	$ 131,000	$ 3,626,000	$ 131,000
Nonperforming Financing Receivable | Modified During The Period | Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 1,200,000
Nonperforming Financing Receivable | Modified During The Period | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 85,000
Nonperforming Financing Receivable | Modified During The Period | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			3
Recorded Investment			$ 2,151,000
Nonperforming Financing Receivable | Modified During The Period | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1	3	1
Recorded Investment	$ 18,000	$ 131,000	$ 190,000	$ 131,000
Nonperforming Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Recorded Investment	1,000
Nonperforming Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Recorded Investment	$ 1,000
Nonperforming Financing Receivable | Modified During The Period | Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	2		2
Recorded Investment	$ 60,000		$ 60,000
Nonperforming Financing Receivable | Modified During The Period | Consumer | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	2
Recorded Investment	$ 60,000
Nonperforming Financing Receivable | Modified During The Period | Consumer | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			2
Recorded Investment			$ 60,000

LOANS AND ALLOWANCE FOR LOAN_16

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - TDR MODIFIED CLASS (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)loan	Sep. 30, 2017USD ($)loan	Sep. 30, 2018USD ($)loan	Sep. 30, 2017USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	9	1	10	1
Recorded Investment with payment default | $	$ 3,520	$ 131	$ 3,686	$ 131
Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	6	1	7	1
Recorded Investment with payment default | $	$ 3,386	$ 131	$ 3,552	$ 131
Home equity lines of credit
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	1		1
Recorded Investment with payment default | $	$ 74		$ 74
Consumer
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	2		2
Recorded Investment with payment default | $	$ 60		$ 60

LOANS AND ALLOWANCE FOR LOAN_17

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - FORECLOSED PROPERTIES (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 70	$ 115
Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 70	$ 115

LOANS AND ALLOWANCE FOR LOAN_18

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - FORECLOSURE RECORDED INVESTMENT (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Recorded investment in residential and consumer loans based on payment activity
Loans and Leases Receivable Gross Carrying Amount	$ 4,136,195	$ 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	$ 4,561	$ 1,392

LOANS AND ALLOWANCE FOR LOAN_19

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		9 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Period Easy Advance tax credit product offered	2 months	2 months
Easy Advances originated					$ 430,210	$ 328,523
Net Charge (Credit) to the Provision for Easy Advances			$ (1,036)	$ (840)	$ 11,360	$ 7,041
Provision to total Easy Advances originated					2.64%	2.14%
Easy Advances net charged offs			$ (1,036)	$ (840)	$ 11,360	$ 7,041
Percentage of Easy Advances net charge-offs to Total Easy Advances Originated					2.64%	2.14%

DEPOSITS - Balances (Details)

DEPOSITS - Balances (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Deposit Liabilities
Total interest-bearing deposits	$ 2,463,224	$ 2,411,116
Total non interest-bearing deposits	1,103,461	1,022,042
Total deposits	3,566,685	3,433,158
Core Banking Activities
Deposit Liabilities
Demand	932,474	944,812
Money market accounts	662,122	546,998
Savings	191,619	182,800
Individual retirement accounts	52,447	47,982
Time deposits, $250 and over	81,197	77,891
Other certificates of deposit	229,074	189,661
Reciprocal money market and time deposits	292,103
Total interest-bearing deposits	2,462,806	2,409,475
Total non interest-bearing deposits	1,056,916	988,537
Total deposits	3,519,722	3,398,012
Core Banking Activities | Brokered Deposits
Deposit Liabilities
Reciprocal money market and time deposits		373,242
Brokered deposits	21,770	46,089
Republic Processing Group
Deposit Liabilities
Money market accounts	418	1,641
Total interest-bearing deposits	418	1,641
Other noninterest-bearing deposits	42,338	31,996
Total non interest-bearing deposits	46,545	33,505
Total deposits	46,963	35,146
Republic Processing Group | Brokered Deposits
Deposit Liabilities
Brokered prepaid cards deposits	$ 4,207	$ 1,509

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Securities sold under agreements to repurchase
Outstanding balance at end of period	$ 163,768		$ 163,768		$ 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%		2.00%
Outstanding balance at end of period	$ 163,768		$ 163,768		$ 204,021
Weighted average interest rate at end of period (as a percent)	0.74%		0.74%		0.31%
Fair Value of securities pledged	$ 226,765		$ 226,765		$ 239,969
Average outstanding balance during the period	$ 213,195	$ 208,160	$ 216,070	$ 202,018
Average interest rate during the period (as a percent)	0.59%	0.31%	0.46%	0.22%
Maximum outstanding at any month end during the period	$ 163,768	$ 173,311	$ 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	169,179		169,179		71,824
Securities sold under agreements to repurchase | Mortgage backed securities - residential
Securities sold under agreements to repurchase
Fair Value of securities pledged	35,080		35,080		83,452
Securities sold under agreements to repurchase | Collateralized mortgage obligations
Securities sold under agreements to repurchase
Fair Value of securities pledged	$ 22,506		$ 22,506		$ 84,693

FEDERAL HOME LOAN BANK ADVANC_3

FEDERAL HOME LOAN BANK ADVANCES - FHLB ADVANCES (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
FHLB advances
Total FHLB advances	$ 715,000	$ 737,500
Additional collateralized advances available	347,000	347,000
Overnight advance
FHLB advances
Total FHLB advances	395,000	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	$ 310,000	$ 397,500
Various other unsecured lines of credit
FHLB advances
Unsecured lines of credit	$ 125,000	$ 125,000

FEDERAL HOME LOAN BANK ADVANC_4

FEDERAL HOME LOAN BANK ADVANCES - MATURITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
FEDERAL HOME LOAN BANK ADVANCES
Remainder of 2018 (Overnight)	$ 395,000
Remainder of 2018 (Term)	40,000
2,019	100,000
2,020	120,000
2,021	30,000
2,022	20,000
2,023	10,000
Total	$ 715,000	$ 737,500
Weighted Average Rate
Remainder of 2018 (Overnight)	2.21%
Remainder of 2018 (Term)	1.94%
2,019	1.80%
2,020	1.81%
2,021	1.93%
2,022	2.12%
2,023	2.14%
Total	2.05%

FEDERAL HOME LOAN BANK ADVANC_5

FEDERAL HOME LOAN BANK ADVANCES - SHORT-TERM FHLB ADVANCES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
FHLB advances
Federal Home Loan Bank advances	$ 715,000		$ 715,000		$ 737,500
Interest rate (as percent)	2.05%		2.05%
Federal Home Loan Bank overnight advances
FHLB advances
Federal Home Loan Bank advances	$ 395,000		$ 395,000		$ 330,000
Average outstanding balance during the period	$ 229,185	$ 224,402	$ 200,421	$ 149,707
Average interest rate during the period (as percent)	2.02%	1.17%	1.84%	1.03%
Maximum outstanding at any month end during the period	$ 395,000	$ 350,000	$ 560,000	$ 625,000
Federal Home Loan Bank overnight advances | Weighted Average
FHLB advances
Interest rate (as percent)	2.21%		2.21%		1.42%

FEDERAL HOME LOAN BANK ADVANC_6

FEDERAL HOME LOAN BANK ADVANCES - LOANS PLEDGED (Details) - USD ($) $ in Thousands	Sep. 30, 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	$ 1,128,563	$ 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	$ 310,561	$ 320,649

OFF BALANCE SHEET RISKS, COMM_3

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Commitments and letters of credit
Loan commitment, line credit	$ 1,490,797	$ 1,513,860
Unused warehouse lines of credit
Commitments and letters of credit
Loan commitment, line credit	451,686	525,328
Unused home equity lines of credit
Commitments and letters of credit
Loan commitment, line credit	380,320	367,887
Unused loan commitments - other
Commitments and letters of credit
Loan commitment, line credit	641,978	598,002
Standby letters of credit
Commitments and letters of credit
Loan commitment, line credit	6,813	12,643
FHLB letters of credit
Commitments and letters of credit
Loan commitment, line credit	$ 10,000	$ 10,000

FAIR VALUE - POLICIES (Details)

FAIR VALUE - POLICIES (Details) $ in Thousands	3 Months Ended		9 Months Ended	27 Months Ended	30 Months Ended
	Sep. 30, 2018USD ($)item	Jun. 30, 2018USD ($)	Sep. 30, 2018USD ($)item	Mar. 31, 2018	Mar. 31, 2018	Dec. 31, 2017item
Assets and Liabilities Measured on Recurring Basis
Transfers from loans held for sale to held for investment			$ 2,237
Republic Credit Solutions | Installment loan
Assets and Liabilities Measured on Recurring Basis
Percentage of loan receivable held for sale (as a percent)				100.00%
Consumer loans held for sale period				21 days
Transfers from loans held for sale to held for investment		$ 2,200
Republic Credit Solutions | Credit card
Assets and Liabilities Measured on Recurring Basis
Percentage of loan receivable held for sale (as a percent)	100.00%				90.00%
Consumer loans held for sale period					2 days
Interest retained (as a percent)					10.00%
Reclassification of interest into held-for-sale	10.00%
Book value of portfolio	$ 3,500		3,500
Net realizable value of portfolio	$ 1,500		$ 1,500
Republic Credit Solutions | Line of credit and credit card
Assets and Liabilities Measured on Recurring Basis
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%
Mortgage Servicing Rights
Assets and Liabilities Measured on Recurring Basis
Number of tranches carried at fair value | item	0		0			0

FAIR VALUE - RECURRING BASIS (D

FAIR VALUE - RECURRING BASIS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017	Dec. 31, 2016
Financial assets:
Available-for-sale debt securities	$ 445,124		$ 445,124			$ 524,303
Mortgage loans held for sale, at fair value	7,862	$ 4,083	7,862	$ 4,083	$ 12,653	5,761	$ 6,057	$ 11,662
Consumer loans held for investment	2,097		2,097
Consumer loans held for sale		3,368		3,368		2,677	$ 3,235	$ 2,198
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,717		2,717			2,928
U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities	235,638		235,638			307,592
Private label mortgage backed security
Financial assets:
Available-for-sale debt securities	3,849		3,849			4,449
Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities	115,942		115,942			106,374
Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities	75,365		75,365			87,163
Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	332		332			473
Community Reinvestment Act mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,385		2,385			2,455
Corporate bonds
Financial assets:
Available-for-sale debt securities	10,080		10,080			15,125
Trust preferred security
Financial assets:
Available-for-sale debt securities	4,250		4,250			3,600
Recurring basis
Financial assets:
Available-for-sale debt securities	445,124		445,124			524,303
Mortgage loans held for sale, at fair value	7,862		7,862			5,761
Consumer loans held for investment	2,097		2,097
Consumer loans held for sale						2,677
Rate lock loan commitments	348		348			310
Mandatory forward contracts	113		113
Interest rate swap agreements	2,658		2,658			312
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,717		2,717			2,928
Financial Liabilities:
Mandatory forward contracts						9
Interest rate swap agreements	2,383		2,383			403
Transfers between Level 1, 2 or 3	0	$ 0	0	$ 0
Recurring basis | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities	235,638		235,638			307,592
Recurring basis | Private label mortgage backed security
Financial assets:
Available-for-sale debt securities	3,849		3,849			4,449
Recurring basis | Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities	115,942		115,942			106,374
Recurring basis | Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities	75,365		75,365			87,163
Recurring basis | Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	332		332			473
Recurring basis | Community Reinvestment Act mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,385		2,385			2,455
Recurring basis | Corporate bonds
Financial assets:
Available-for-sale debt securities	10,080		10,080			15,125
Recurring basis | Trust preferred security
Financial assets:
Available-for-sale debt securities	4,250		4,250			3,600
Recurring basis | Fair Value, Inputs, Level 1
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,385		2,385			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	2,385		2,385			2,455
Recurring basis | Fair Value, Inputs, Level 2
Financial assets:
Available-for-sale debt securities	437,025		437,025			516,254
Mortgage loans held for sale, at fair value	7,862		7,862			5,761
Rate lock loan commitments	348		348			310
Mandatory forward contracts	113		113
Interest rate swap agreements	2,658		2,658			312
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	332		332			473
Financial Liabilities:
Mandatory forward contracts						9
Interest rate swap agreements	2,383		2,383			403
Recurring basis | Fair Value, Inputs, Level 2 | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities	235,638		235,638			307,592
Recurring basis | Fair Value, Inputs, Level 2 | Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities	115,942		115,942			106,374
Recurring basis | Fair Value, Inputs, Level 2 | Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities	75,365		75,365			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	332		332			473
Recurring basis | Fair Value, Inputs, Level 2 | Corporate bonds
Financial assets:
Available-for-sale debt securities	10,080		10,080			15,125
Recurring basis | Fair Value, Inputs, Level 3
Financial assets:
Available-for-sale debt securities	8,099		8,099			8,049
Consumer loans held for investment	2,097		2,097
Consumer loans held for sale						2,677
Recurring basis | Fair Value, Inputs, Level 3 | Private label mortgage backed security
Financial assets:
Available-for-sale debt securities	3,849		3,849			4,449
Recurring basis | Fair Value, Inputs, Level 3 | Trust preferred security
Financial assets:
Available-for-sale debt securities	$ 4,250		$ 4,250			$ 3,600

FAIR VALUE - RECONCILIATION USI

FAIR VALUE - RECONCILIATION USING SIGNIFICANT UNOBSERVABLE INPUTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Private label mortgage backed security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	$ 3,926	$ 4,540	$ 4,449	$ 4,777
Net change in unrealized gain	(2)	90	(19)	244
Recovery of actual losses previously recorded	39		114
Principal paydowns	(114)	(55)	(695)	(446)
Balance, end of period	3,849	4,575	3,849	4,575
Trust preferred security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	4,150	3,453	3,600	3,200
Discount accretion	10	11	30	33
Net change in unrealized gain	90	36	620	267
Balance, end of period	$ 4,250	$ 3,500	$ 4,250	$ 3,500

FAIR VALUE - RECURRING LEVEL 3

FAIR VALUE - RECURRING LEVEL 3 MEASUREMENTS (Details) $ in Thousands	Sep. 30, 2018USD ($)item	Dec. 31, 2017USD ($)item	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Fair value inputs quantitative information
Consumer loans held for investment	$ 2,097
Aggregate fair value of consumer loan		$ 2,677	$ 3,368	$ 3,235	$ 2,198
Recurring basis
Fair value inputs quantitative information
Consumer loans held for investment	2,097
Aggregate fair value of consumer loan		2,677
Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Consumer loans held for investment	2,097
Aggregate fair value of consumer loan		2,677
Private label mortgage backed security | Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Mortgage backed security fair value	$ 3,849	$ 4,449
Valuation technique	us-gaap:ValuationTechniqueDiscountedCashFlowMember	us-gaap:ValuationTechniqueDiscountedCashFlowMember
Private label mortgage backed security | Minimum | Recurring basis | Constant Prepayment Rate | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage	2	3.5
Private label mortgage backed security | Minimum | Recurring basis | Probability of default | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage | item	1.8	1.8
Private label mortgage backed security | Minimum | Recurring basis | Loss Severity | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage | item	50	60
Private label mortgage backed security | Maximum | Recurring basis | Constant Prepayment Rate | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage	9	6.5
Private label mortgage backed security | Maximum | Recurring basis | Probability of default | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage | item	4	8
Private label mortgage backed security | Maximum | Recurring basis | Loss Severity | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage | item	85	85
Consumer loans
Fair value inputs quantitative information
Consumer loans held for investment	$ 2,097
Aggregate fair value of consumer loan		$ 2,677
Consumer loans | Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Consumer loans held for investment	$ 2,097
Aggregate fair value of consumer loan		$ 2,677
Valuation technique	us-gaap:ValuationTechniqueDiscountedCashFlowMember	us-gaap:MarketApproachValuationTechniqueMember
Consumer loans | Recurring basis | Constant Prepayment Rate | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage | item	15
Consumer loans | Recurring basis | Probability of default | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage | item	45
Consumer loans | Recurring basis | Loss Severity | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage | item	11.50
Consumer loans | Recurring basis | Discount Rate | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage | item		5
Consumer loans | Recurring basis | Net Premium | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage | item		0.9

FAIR VALUE - GAINS AND LOSSES (

FAIR VALUE - GAINS AND LOSSES (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)loan	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)loan	Sep. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)loan	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Fair Value, Option
Aggregate fair value of mortgage loan	$ 7,862	$ 4,083	$ 7,862	$ 4,083	$ 12,653	$ 5,761	$ 6,057	$ 11,662
Consumer loans held for investment	2,097		2,097
Aggregate fair value of consumer loan		3,368		3,368		2,677	$ 3,235	$ 2,198
Contractual balance	$ 4,135,623		$ 4,135,623			$ 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			0
Aggregate fair value of mortgage loan	$ 7,862		$ 7,862			$ 5,761
Contractual balance	7,736		7,736			5,668
Unrealized (loss) gain	126		126			$ 93
Gains (losses) from changes in fair value included in earnings	23		341	264
Mortgage loans held for sale | Interest Income
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	133	102	308	255
Mortgage loans held for sale | Change In Fair Value
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	(110)	(102)	$ 33	9
Consumer loans
Fair Value, Option
Consumer loans transferred from held for sale to held for investment, fair value	$ 2,000
Number of loans past due 90 days or more or on nonaccrual | loan	0		0			0
Consumer loans held for investment	$ 2,097		$ 2,097
Aggregate fair value of consumer loan						$ 2,677
Contractual balance	2,361		2,361			2,535
Unrealized (loss) gain	(264)		(264)			$ 142
Gains (losses) from changes in fair value included in earnings	151	247	51	813
Consumer loans | Interest Income
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	130	240	457	748
Consumer loans | Change In Fair Value
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	$ 21	$ 7	$ (406)	$ 65

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NON-RECURRING BASIS (Details) - Nonrecurring basis - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 7,070	$ 6,103
Other real estate owned		83
Other Real Estate Owned
Fair Value Disclosures
Other real estate owned		83
Consumer Loans Held For Sale
Fair Value Disclosures
Impaired loan on non-recurring basis	1,519
Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	4,040	4,107
Residential Real Estate - Non Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	1,083	237
Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	1,230	1,366
Commercial & industrial
Fair Value Disclosures
Impaired loan on non-recurring basis	666
Home equity lines of credit
Fair Value Disclosures
Impaired loan on non-recurring basis	51	393
Premises
Fair Value Disclosures
Impaired loan on non-recurring basis	2,607	3,017
Fair Value, Inputs, Level 3
Fair Value Disclosures
Impaired loan on non-recurring basis	7,070	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 | Consumer Loans Held For Sale
Fair Value Disclosures
Impaired loan on non-recurring basis	1,519
Fair Value, Inputs, Level 3 | Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	4,040	4,107
Fair Value, Inputs, Level 3 | Residential Real Estate - Non Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	1,083	237
Fair Value, Inputs, Level 3 | Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	1,230	1,366
Fair Value, Inputs, Level 3 | Commercial & industrial
Fair Value Disclosures
Impaired loan on non-recurring basis	666
Fair Value, Inputs, Level 3 | Home equity lines of credit
Fair Value Disclosures
Impaired loan on non-recurring basis	51	393
Fair Value, Inputs, Level 3 | Premises
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 2,607	$ 3,017

FAIR VALUE - NON-RECURRING LEVE

FAIR VALUE - NON-RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 - Nonrecurring basis $ in Thousands	Sep. 30, 2018USD ($)item	Dec. 31, 2017USD ($)item
Consumer Loans Held For Sale | Sale comparison approach
Fair value inputs quantitative information
Fair Value | $	$ 1,519
Consumer Loans Held For Sale | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	6
Consumer Loans Held For Sale | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	6
Impaired Loans | Residential Real Estate - Owner Occupied | Sale comparison approach
Fair value inputs quantitative information
Fair Value | $	$ 4,040	$ 4,107
Impaired Loans | Residential Real Estate - Owner Occupied | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0	0
Impaired Loans | Residential Real Estate - Owner Occupied | Comparability Adjustment | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	77	54
Impaired Loans | Residential Real Estate - Owner Occupied | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	13	10
Impaired Loans | Residential Real Estate - Non Owner Occupied | Sale comparison approach
Fair value inputs quantitative information
Fair Value | $	$ 1,083	$ 237
Impaired Loans | Residential Real Estate - Non Owner Occupied | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0	0
Impaired Loans | Residential Real Estate - Non Owner Occupied | Comparability Adjustment | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	27	8
Impaired Loans | Residential Real Estate - Non Owner Occupied | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	14	5
Impaired Loans | Commercial Real Estate | Sale comparison approach
Fair value inputs quantitative information
Fair Value | $	$ 70	$ 79
Impaired Loans | Commercial Real Estate | Income approach
Fair value inputs quantitative information
Fair Value | $	$ 1,160	$ 1,287
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Sale comparison approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	21	21
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	21	21
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Income approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	17	17
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Income approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	17	17
Impaired Loans | Commercial & industrial | Sale comparison approach
Fair value inputs quantitative information
Fair Value | $	$ 666
Impaired Loans | Commercial & industrial | Comparability Adjustment | Sale comparison approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	3
Impaired Loans | Commercial & industrial | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	3
Impaired Loans | Home equity lines of credit | Sale comparison approach
Fair value inputs quantitative information
Fair Value | $	$ 51	$ 393
Impaired Loans | Home equity lines of credit | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	5	0
Impaired Loans | Home equity lines of credit | Comparability Adjustment | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	53	23
Impaired Loans | Home equity lines of credit | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	42	15
Other Real Estate Owned | Residential Real Estate | Sale comparison approach
Fair value inputs quantitative information
Fair Value | $		$ 83
Other Real Estate Owned | Residential Real Estate | Comparability Adjustment | Sale comparison approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		86
Other Real Estate Owned | Residential Real Estate | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		86
Premises | Sale comparison approach
Fair value inputs quantitative information
Fair Value | $	$ 2,607	$ 3,017
Premises | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	21	4
Premises | Comparability Adjustment | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	71	67
Premises | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	32	21

FAIR VALUE - CONSUMER LOANS HEL

FAIR VALUE - CONSUMER LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended	30 Months Ended
	Sep. 30, 2018	Mar. 31, 2018
Loans held for sale
Carrying amount of loans measured at fair value	$ 3,592
Estimated discount for loan losses	(2,073)
Total fair value	$ 1,519
Republic Credit Solutions | Credit card
Loans held for sale
Percentage of loan receivable held for sale (as a percent)	100.00%	90.00%
Consumer loans held for sale period		2 days
Interest retained (as a percent)		10.00%
Reclassification of interest into held-for-sale	10.00%
Book value of portfolio	$ 3,500
Net realizable value of portfolio	$ 1,500

FAIR VALUE - IMPAIRED LOANS (De

FAIR VALUE - IMPAIRED LOANS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Impaired loans
Carrying amount of loans measured at fair value	$ 25,104		$ 25,104		$ 27,076
Valuation allowance	(4,049)		(4,049)		(4,685)
Nonrecurring basis
Impaired loans
Total fair value	7,070		7,070		6,103
Fair Value, Inputs, Level 3 | Nonrecurring basis
Impaired loans
Carrying amount of loans measured at fair value	6,771		6,771		5,358
Estimated selling costs considered in carrying amount	709		709		752
Valuation allowance	(410)		(410)		(7)
Total fair value	7,070		7,070		$ 6,103
Provision for impairment on loan, lease and other losses
Provisions on collateral-dependent, impaired loans	$ 117	$ 59	$ 901	$ 281

FAIR VALUE - OTHER REAL ESTATE

FAIR VALUE - OTHER REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2018	Dec. 31, 2017
Fair Value Disclosures
Total Carrying value of other real estate owned			$ 70	$ 115
Other real estate owned write-downs during the years ended		$ 155
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			70	32
Total Carrying value of other real estate owned			$ 70	$ 115
Other real estate owned write-downs during the years ended	$ 76	$ 155

FAIR VALUE - PREMISES AND EQUIP

FAIR VALUE - PREMISES AND EQUIPMENT (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)item	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)item	Sep. 30, 2017USD ($)	Dec. 31, 2017item
Premises, Held for Sale
Number of former banking centers classified as held for sale | item	4		4		4
Impairment charges on premises | $	$ 126	$ 965	$ 356	$ 1,082

FAIR VALUE - CARRYING AMOUNTS A

FAIR VALUE - CARRYING AMOUNTS AND FV OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Assets:
Available-for-sale debt securities	$ 445,124		$ 524,303
Securities to be held to maturity	66,667		65,133
Equity securities with readily determinable fair value	2,717		2,928
Aggregate fair value of mortgage loan	7,862	$ 12,653	5,761	$ 4,083	$ 6,057	$ 11,662
Aggregate fair value of consumer loan			2,677	3,368	3,235	2,198
Consumer loans held for sale, at the lower of cost or fair value	21,037	$ 13,684	8,551	$ 5,684	$ 2,464	$ 1,310
Loans, net	2,097
Carrying Value
Assets:
Cash and cash equivalents	365,512		299,351
Available-for-sale debt securities	445,124		524,303
Securities to be held to maturity	65,925		64,227
Equity securities with readily determinable fair value	2,717		2,928
Aggregate fair value of mortgage loan	7,862		5,761
Aggregate fair value of consumer loan			2,677
Consumer loans held for sale, at the lower of cost or fair value	21,037		8,551
Loans, net	4,092,371		3,971,265
Federal Home Loan Bank stock	32,067		32,067
Accrued interest receivable	13,696		12,082
Rate lock loan commitments	348		310
Community Reinvestment Act mutual fund	113
Interest rate swap agreements	2,658		312
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	163,768		204,021
Federal Home Loan Bank advances	715,000		737,500
Subordinated note	41,240		41,240
Accrued interest payable	1,106		1,100
Mandatory forward contracts			9
Interest rate swap agreements	2,383		403
Carrying Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,103,461		1,022,042
Carrying Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,051,907		2,049,493
Carrying Value | Time deposits.
Liabilities:
Deposit liabilities, fair value	411,317		361,623
Total Fair Value
Assets:
Cash and cash equivalents	365,512		299,351
Available-for-sale debt securities	445,124		524,303
Securities to be held to maturity	66,667		65,133
Equity securities with readily determinable fair value	2,717		2,928
Aggregate fair value of mortgage loan	7,862		5,761
Aggregate fair value of consumer loan			2,677
Consumer loans held for sale, at the lower of cost or fair value	21,037		8,551
Loans, net	4,035,387		3,938,998
Accrued interest receivable	13,696		12,082
Rate lock loan commitments	348		310
Community Reinvestment Act mutual fund	113
Interest rate swap agreements	2,658		312
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	163,768		204,021
Federal Home Loan Bank advances	707,306		730,712
Subordinated note	31,832		31,763
Accrued interest payable	1,106		1,100
Mandatory forward contracts			9
Interest rate swap agreements	2,383		403
Total Fair Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,103,461		1,022,042
Total Fair Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,051,907		2,049,493
Total Fair Value | Time deposits.
Liabilities:
Deposit liabilities, fair value	404,562		358,627
Total Fair Value | Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	365,512		299,351
Equity securities with readily determinable fair value	2,385		2,455
Total Fair Value | Fair Value, Inputs, Level 2
Assets:
Available-for-sale debt securities	437,025		516,254
Securities to be held to maturity	66,667		65,133
Equity securities with readily determinable fair value	332		473
Aggregate fair value of mortgage loan	7,862		5,761
Consumer loans held for sale, at the lower of cost or fair value	21,037		8,551
Accrued interest receivable	13,696		12,082
Rate lock loan commitments	348		310
Community Reinvestment Act mutual fund	113
Interest rate swap agreements	2,658		312
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	163,768		204,021
Federal Home Loan Bank advances	707,306		730,712
Subordinated note	31,832		31,763
Accrued interest payable	1,106		1,100
Mandatory forward contracts			9
Interest rate swap agreements	2,383		403
Total Fair Value | Fair Value, Inputs, Level 2 | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,103,461		1,022,042
Total Fair Value | Fair Value, Inputs, Level 2 | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,051,907		2,049,493
Total Fair Value | Fair Value, Inputs, Level 2 | Time deposits.
Liabilities:
Deposit liabilities, fair value	404,562		358,627
Total Fair Value | Fair Value, Inputs, Level 3
Assets:
Available-for-sale debt securities	8,099		8,049
Aggregate fair value of consumer loan			2,677
Loans, net	$ 4,035,387		$ 3,938,998

MORTGAGE BANKING ACTIVITIES - M

MORTGAGE BANKING ACTIVITIES - MORTGAGE LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 12,653	$ 6,057	$ 5,761	$ 11,662
Origination of mortgage loans held for sale	49,149	43,489	133,273	119,265
Proceeds from the sale of mortgage loans held for sale	(55,063)	(46,428)	(134,157)	(130,065)
Net gain on sale of mortgage loans held for sale	1,123	965	2,985	3,221
Balance, end of period	$ 7,862	$ 4,083	$ 7,862	$ 4,083

MORTGAGE BANKING ACTIVITIES - C

MORTGAGE BANKING ACTIVITIES - COMPONENTS OF INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Mortgage servicing rights
Net gain realized on sale of mortgage loans held for sale	$ 1,093	$ 1,161	$ 2,791	$ 3,275
Net gain recognized	1,123	965	2,985	3,221
Loan servicing income	598	527	1,803	1,590
Amortization of mortgage servicing rights	(361)	(390)	(1,092)	(1,104)
Net servicing income recognized	237	137	711	486
Total Mortgage banking income	1,360	1,102	3,696	3,707
Mortgage loans held for sale
Mortgage servicing rights
Net change in fair value	(110)	(102)	33	9
Rate lock loan commitments
Mortgage servicing rights
Net change in fair value	(84)	(98)	38	185
Mandatory forward contracts
Mortgage servicing rights
Net change in fair value	$ 224	$ 4	$ 123	$ (248)

MORTGAGE BANKING ACTIVITIES -_2

MORTGAGE BANKING ACTIVITIES - CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 4,915	$ 5,158	$ 5,044	$ 5,180
Additions	372	360	974	1,052
Amortized to expense	(361)	(390)	(1,092)	(1,104)
Balance, end of period	4,926	5,128	4,926	5,128
Change in valuation allowance	$ 0	$ 0	$ 0	$ 0

MORTGAGE BANKING ACTIVITIES - O

MORTGAGE BANKING ACTIVITIES - OTHER INFORMATION RELATING TO MSRS (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
MORTGAGE BANKING ACTIVITIES
Fair value of mortgage servicing rights portfolio	$ 9,666	$ 7,984
Monthly weighted average prepayment rate of unpaid principle balance (as percent)	167.00%	200.00%
Discount rate (as percent)	10.00%	10.00%
Weighted average default rate (as percent)	4.00%	3.75%
Weighted average life in years	6 years 1 month 24 days	5 years 5 months 27 days

MORTGAGE BANKING ACTIVITIES - N

MORTGAGE BANKING ACTIVITIES - NOTIONAL AMOUNTS AND FV (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Mortgage loans held for sale
Information about derivatives and swaps
Derivative Assets, Notional Amount	$ 7,736	$ 5,668
Fair Value, Assets	7,862	5,761
Rate lock loan commitments
Information about derivatives and swaps
Derivative Assets, Notional Amount	21,225	14,696
Fair Value, Assets	348	310
Mandatory forward contracts
Information about derivatives and swaps
Derivative Assets, Notional Amount	22,989
Fair Value, Assets	$ 113
Derivative Liabilities, Notional Amount		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	9 Months Ended	12 Months Ended
	Sep. 30, 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)	275	$ (91)
Unrealized Gain (Loss) in AOCI	217	(73)
1-month LIBOR
Summary information about interest rate swaps
Notional amount	$ 10,000
Pay rate (as a percent)	2.17%
Assets / (Liabilities)	$ 139	(60)
Unrealized Gain (Loss) in AOCI	110	(25)
3-month LIBOR
Summary information about interest rate swaps
Notional amount	$ 10,000
Pay rate (as a percent)	2.33%
Assets / (Liabilities)	$ 136	(31)
Unrealized Gain (Loss) in AOCI	$ 107	$ (48)

INTEREST RATE SWAPS - INTEREST

INTEREST RATE SWAPS - INTEREST EXPENSE (Details) - Interest rate swap - Cash flow hedge - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Information about derivatives and swaps
Interest expense swap on money market deposits	$ (1)	$ 27	$ 22	$ 87
Interest expense swap on FHLB Advance	2	24	14	88
Total interest expense on swap transaction	$ 1	$ 51	$ 36	$ 175

INTEREST RATE SWAPS - GAINS (LO

INTEREST RATE SWAPS - GAINS (LOSSES) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Derivative [Line Items]
Gains (losses) recognized in OCI on derivative (effective portion)	$ 54	$ 9	$ 330	$ (67)
Interest rate swap | Cash flow hedge
Derivative [Line Items]
Gains (losses) recognized in OCI on derivative (effective portion)	54	9	330	(67)
Losses reclassified from OCI on derivative (effective portion)	(1)	(51)	(36)	(175)
Gains (losses) recognized in income on derivative (ineffective portion)	$ 0	$ 0	$ 0	$ 0

INTEREST RATE SWAPS - NON-HEDGE

INTEREST RATE SWAPS - NON-HEDGE (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Information about derivatives and swaps
Fair value of investment securities pledged as collateral	$ 258,777	$ 262,902
Counterparty
Information about derivatives and swaps
Fair value of investment securities pledged as collateral	0	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
Interest rate swaps with Bank clients - Total, Notional Amount	145,572	122,838
Interest rate swap | Non-Hedge | Bank Clients
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	12,654	48,942
Interest rate swaps with Bank clients - Liabilities, Notional Amount	60,132	12,477
Interest rate swaps with Bank clients - Total, Notional Amount	72,786	61,419
Interest rate swaps with Bank clients - Assets, Fair Value	192	312
Interest rate swaps with Bank clients - Liabilities, Fair Value	(2,383)	(228)
Interest rate swaps with Bank clients - Total, Fair Value	(2,191)	84
Interest rate swap | Non-Hedge | Counterparty
Information about derivatives and swaps
Interest rate swaps with Bank clients - Total, Notional Amount	72,786	61,419
Interest rate swaps with Bank clients - Total, Fair Value	$ 2,191	$ (84)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2018	Sep. 30, 2017
EARNINGS PER SHARE
Net income	$ 17,411	$ 15,666	$ 27,469	$ 10,706	$ 10,071	$ 20,017	$ 60,546	$ 40,794
Dividends declared on Common Stock:
Undistributed net income for basic earnings per share	12,407			6,162			45,526	27,388
Weighted average potential dividends on Class A shares upon exercise of dilutive options	(38)			(18)			(103)	(51)
Undistributed net income for diluted earnings per share	$ 12,369			$ 6,144			$ 45,423	$ 27,337
Weighted average shares outstanding:
Effect of dilutive securities on Class A Shares outstanding	158,000			83,000			143,000	79,000
Weighted average shares outstanding including dilutive securities	21,120,000			21,236,000			21,093,000	21,000,000
Stock option
Diluted earnings per share:
Antidilutive stock options (in shares)	161,000			4,500			161,000	4,500
Stock option | Weighted Average
Diluted earnings per share:
Antidilutive stock options (in shares)	29,033			3,833			9,811	1,667
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)			$ (4,096)			$ (13,552)	$ (12,082)
Weighted average shares outstanding:
Weighted average shares outstanding	18,748,000			18,885,000			18,722,000	18,678,000
Basic earnings per share:
Per share dividends distributed	$ 0.24			$ 0.22			$ 0.73	$ 0.65
Undistributed earnings per share	0.60			0.29			2.19	1.32
Total basic earnings per share	0.84			0.51			2.92	1.97
Diluted earnings per share:
Per share dividends distributed	0.24			0.22			0.73	0.65
Undistributed earnings per share	0.59			0.29			2.17	1.31
Total diluted earnings per share	$ 0.83			$ 0.51			$ 2.90	$ 1.96
Class B Common Stock
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (487)			$ (448)			$ (1,468)	$ (1,324)
Weighted average shares outstanding:
Weighted average shares outstanding	2,214,000			2,268,000			2,228,000	2,243,000
Basic earnings per share:
Per share dividends distributed	$ 0.22			$ 0.20			$ 0.66	$ 0.59
Undistributed earnings per share	0.54			0.27			1.99	1.20
Total basic earnings per share	0.76			0.47			2.65	1.79
Diluted earnings per share:
Per share dividends distributed	0.22			0.20			0.66	0.59
Undistributed earnings per share	0.54			0.27			1.98	1.19
Total diluted earnings per share	$ 0.76			$ 0.47			$ 2.64	$ 1.78

STOCK PLANS AND STOCK BASED C_3

STOCK PLANS AND STOCK BASED COMPENSATION (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
STOCK PLANS AND STOCK BASED COMPENSATION
Number of shares available for grant permitted by plan	3,000,000		3,000,000
Information related to the stock option plan
Net proceeds from Class A Common Stock options exercised			$ 83,000	$ 33,000
Information related to stock option and restricted stock awards granted
Expenses	$ 241,000	$ 273,000	730,000	$ 928,000
Estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)
Remainder of 2018	197,000		197,000
2,019	684,000		684,000
2,020	584,000		584,000
2,021	553,000		553,000
2,022	487,000		487,000
2023 and beyond	244,000		244,000
Total	$ 2,749,000		$ 2,749,000
Minimum
STOCK PLANS AND STOCK BASED COMPENSATION
Vesting period			3 years
Stock option
STOCK PLANS AND STOCK BASED COMPENSATION
Exercisable period			1 year
Weighted average assumptions used to determined fair value of stock options granted
Risk-free interest rate (as a percent)	3.00%		3.00%	2.07%
Expected dividend yield (as a percent)	2.01%		2.01%	2.41%
Expected stock price volatility (as a percent)	18.60%		18.60%	20.36%
Expected life of options	5 years		5 years	5 years
Estimated fair value per share of options granted (in dollars per share)	$ 8.13		$ 8.13	$ 3.99
Information related to the stock option plan
Intrinsic value of options exercised	$ 37,000		$ 79,000	$ 44,000
Net proceeds from Class A Common Stock options exercised	35,000		83,000	33,000
Information related to stock option and restricted stock awards granted
Expenses	56,000	65,000	174,000	$ 191,000
Estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)
Remainder of 2018	132,000		132,000
2,019	423,000		423,000
2,020	323,000		323,000
2,021	292,000		292,000
2,022	250,000		250,000
2023 and beyond	109,000		109,000
Total	$ 1,529,000		$ 1,529,000
Stock option | Class B Common Stock
Options
Exercisable (vested) at end of year (in shares)	0		0
Stock option | Class A Common Stock
Options
Outstanding, beginning of year (in shares)			295,000	312,600	312,600
Granted (in shares)			160,500		4,500
Exercised (in shares)			(3,500)		(3,500)
Forfeited or expired (in shares)			(7,900)		(18,600)
Outstanding, end of year (in shares)	444,100		444,100		295,000
Unvested (in shares)	444,100		444,100
Weighted Average Exercise Price
Outstanding, beginning of year (in dollars per share)			$ 24.68	$ 24.49	$ 24.49
Granted (in dollars per share)			48.26		35.54
Exercised (in dollars per share)			24.10		19.63
Forfeited or expired (in dollars per share)			24.47		24.99
Outstanding, end of year (in dollars per share)	$ 33.21		33.21		$ 24.68
Unvested (in dollars per share)	$ 33.21		$ 33.21
Weighted Average Remaining Contractual Term
Outstanding, end of year			3 years 4 months 6 days		2 years 10 months 10 days
Unvested			3 years 4 months 6 days
Aggregate Intrinsic Value
Outstanding, end of year	$ 6,072,538		$ 6,072,538		$ 3,935,010
Unvested	$ 6,072,538		$ 6,072,538
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)			38,323		7,413
Forfeited (in shares)			(1,500)		(750)
Earned and issued (in shares)			(2,323)		(42,053)
Outstanding, end of year (in shares)	76,110		76,110		41,610
Unvested and Expected to vest (in shares)	76,110		76,110
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)			38.64		35.77
Forfeited (in dollars per share)			19.85		19.85
Earned and issued (in dollars per share)			43.60		21.66
Outstanding, end of year (in dollars per share)	$ 29.31		29.31		$ 21.18
Unvested and Expected to vest (in dollars per share)	$ 29.31		$ 29.31
Information related to stock option and restricted stock awards granted
Expenses	$ 132,000	81,000	$ 450,000	$ 373,000
Estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)
Remainder of 2018	65,000		65,000
2,019	261,000		261,000
2,020	261,000		261,000
2,021	261,000		261,000
2,022	237,000		237,000
2023 and beyond	135,000		135,000
Total	$ 1,220,000		$ 1,220,000
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		48,500
Unvested and Expected to vest (in shares)	48,500		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		$ 23.08
Unvested and Expected to vest (in dollars per share)	$ 23.08		$ 23.08
Information related to stock option and restricted stock awards granted
Expenses	$ 53,000	$ 127,000	$ 106,000	$ 364,000
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%

STOCK PLANS AND STOCK BASED C_4

STOCK PLANS AND STOCK BASED COMPENSATION - ADDITIONAL DISCLOSURES (Details) - Deferred Compensation - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Director
Shares Deferred
Outstanding, beginning of period (in shares)	63,898	64,155
Deferred fees and dividend equivalents converted to stock units	3,757	5,199
Stock units converted to Class A Common Shares	(2,835)	(5,456)
Outstanding, end of period (in shares)	64,820	63,898
Vested (in shares)	64,820
Weighted Average Market Price at Date of Deferral
Outstanding, beginning of period (in dollars per share)	$ 24.08	$ 22.94
Elected compensation and earned dividends converted to stock units (in dollars per share)	42.91	36.81
Distributions in equivalent Class A Common Shares (in dollars per share)	23.94	22.84
Outstanding, end of period (in dollars per share)	25.18	$ 24.08
Vested (in dollars per share)	$ 25.18
Director | Minimum
Director Deferred Compensation
Specified period during which board and committee fees may be deferred by participants	2 years
Director | Maximum
Director Deferred Compensation
Specified period during which board and committee fees may be deferred by participants	5 years
Key Employees
Director Deferred Compensation
Contract period	5 years
Shares Deferred
Deferred fees and dividend equivalents converted to stock units	3,092
Matching stock units credited (in shares)	3,092
Outstanding, end of period (in shares)	6,184
Vested (in shares)	3,092
Unvested (in shares)	3,092
Weighted Average Market Price at Date of Deferral
Elected compensation and earned dividends converted to stock units (in dollars per share)	$ 45.73
Matching stock units credited (in dollars per share)	45.73
Outstanding, end of period (in dollars per share)	45.73
Vested (in dollars per share)	45.73
Unvested (in dollars per share)	$ 45.73

INCOME TAXES - PROVISION AND DE

INCOME TAXES - PROVISION AND DEFERRED TAX (Details) - USD ($) $ in Millions	Dec. 31, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Allocation of federal income tax between current and deferred portion
Federal income tax benefit		$ 2.8		$ 2.8
Federal income tax benefit - nonrecurring		$ 2.6		$ 2.6
Effective tax rate that differs from that computed at the federal statutory rate
Federal rate times financial statement income (as a percent)	35.00%	21.00%	35.00%	21.00%	35.00%
Effect of:
SAB 118 related discrete items recorded during the third quarter of 2018		(12.36%)		(3.21%)
State taxes, net of federal benefit (as a percent)		1.59%	1.41%	1.55%	0.64%
General business tax credits (as a percent)		(4.55%)		(1.54%)
Nontaxable income (as a percent)		(0.86%)	(2.54%)	(0.92%)	(1.55%)
Other, net (as a percent)		4.54%	0.17%	1.23%	(0.45%)
Effective tax rate (as a percent)		9.36%	34.04%	18.11%	33.64%

OTHER COMPREHENSIVE INCOME - CO

OTHER COMPREHENSIVE INCOME - COMPONENTS (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2018	Sep. 30, 2017
Available for Sale Securities:
Change in unrealized (loss) gain on available-for-sale debt securities (2018), debt and equity securities (2017)	$ (467)			$ (237)			$ (3,130)	$ 892
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)			90			(19)	244
Net unrealized (losses) gains	(469)			(147)			(3,577)	1,136
Tax effect	100			51			752	(399)
Net of tax	(369)			(96)			(2,825)	737
Cash Flow Hedges:
Change in fair value of derivatives used for cash flow hedges	54			9			330	(67)
Reclassification amount for net derivative losses realized in income	1			51			36	175
Net unrealized gains	55			60			366	108
Tax effect	(12)			(21)			(76)	(37)
Net of tax	43			39			290	71
Total other comprehensive (loss) income, net of tax	$ (326)	$ (376)	$ (1,495)	$ (57)	$ 311	$ 554	$ (2,535)	$ 808

OTHER COMPREHENSIVE INCOME - RE

OTHER COMPREHENSIVE INCOME - RECLASSIFICATION (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2018	Sep. 30, 2017
Significant amounts reclassified out of each component of AOCI
Interest expense on deposits	$ (4,562)			$ (2,587)			$ (11,856)	$ (6,790)
Interest expense on FHLB advances	(2,782)			(2,383)			(7,779)	(6,618)
Total interest expense	(8,057)			(5,418)			(21,497)	(14,547)
Income tax expense	(1,798)			(5,728)			(13,389)	(20,980)
NET INCOME	17,411	$ 15,666	$ 27,469	10,706	$ 10,071	$ 20,017	60,546	40,794
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	1			(27)			(22)	(87)
Interest expense on FHLB advances	(2)			(24)			(14)	(88)
Total interest expense	(1)			(51)			(36)	(175)
Income tax expense				18			8	61
NET INCOME	$ (1)			$ (33)			$ (28)	$ (114)

OTHER COMPREHENSIVE INCOME - AO

OTHER COMPREHENSIVE INCOME - AOCI Changes (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2018	Sep. 30, 2017
Summary of the AOCI balances, net of tax
Balance at beginning of period	$ 664,008	$ 653,254	$ 632,424	$ 626,891	$ 620,664	$ 604,406	$ 632,424	$ 604,406
Current Year Change	(326)	(376)	(1,495)	(57)	311	554	(2,535)	808
Balance at end of period	676,810	664,008	653,254	633,287	626,891	620,664	676,810	633,287
Accumulated Other Comprehensive Income
Summary of the AOCI balances, net of tax
Balance at beginning of period	(1,793)	(1,417)	416	1,552	1,241	687	416	687
Current Year Change	(326)	(376)	(1,495)	(57)	311	554	(2,535)	808
Balance at end of period	(2,119)	$ (1,793)	(1,417)	1,495	$ 1,552	1,241	(2,119)	1,495
Unrealized gain (loss) on securities available for sale
Summary of the AOCI balances, net of tax
Balance at beginning of period			(604)			237	(604)	237
Current Year Change							(2,810)	579
Balance at end of period	(3,414)			816			(3,414)	816
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	1,093	706
Current Year Change							(15)	158
Balance at end of period	1,078			864			1,078	864
Unrealized gain (loss) on cash flow hedge
Summary of the AOCI balances, net of tax
Balance at beginning of period			$ (73)			$ (256)	(73)	(256)
Current Year Change							290	71
Balance at end of period	$ 217			$ (185)			$ 217	$ (185)

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenue recognition
Revenue, Practical Expedient, Incremental Cost of Obtaining Contract [true false]			true
Net interest income	$ 53,033	$ 48,307	$ 171,782	$ 147,882
Noninterest income:
Service charges on deposit accounts	3,579	3,395	10,708	10,032
Net refund transfer fees	149	177	19,974	18,329
Mortgage banking income	1,360	1,102	3,696	3,707
Interchange fee income	2,757	2,475	8,315	7,348
Program fees	1,686	1,597	4,705	3,972
Increase in cash surrender value of bank owned life insurance	385	394	1,135	1,178
Net gains (losses) on OREO	248	31	700	422
Other	1,301	1,203	4,073	3,236
Noninterest income	11,465	10,374	53,306	48,224
Total net revenue	$ 64,498	$ 58,681	$ 225,088	$ 196,106
Net-revenue concentration (as percent)	100.00%	100.00%	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	$ 45,202	$ 42,235	130,668	$ 116,818
Noninterest income:
Service charges on deposit accounts	3,579	3,395	10,708	10,071
Mortgage banking income	1,360	1,102	3,696	3,707
Interchange fee income	2,721	2,432	8,052	7,106
Increase in cash surrender value of bank owned life insurance	385	394	1,135	1,178
Net gains (losses) on OREO	248	31	700	422
Other	1,066	954	2,237	2,060
Noninterest income	9,359	8,308	26,528	24,544
Total net revenue	$ 54,561	$ 50,543	$ 157,196	$ 141,362
Net-revenue concentration (as percent)	84.00%	86.00%	70.00%	72.00%
Traditional Banking
Revenue recognition
Net interest income	$ 40,655	$ 37,396	$ 118,191	$ 103,490
Noninterest income:
Service charges on deposit accounts	3,568	3,384	10,678	10,044
Interchange fee income	2,721	2,432	8,052	7,106
Increase in cash surrender value of bank owned life insurance	385	394	1,135	1,178
Net gains (losses) on OREO	248	31	700	397
Other	942	889	2,026	1,893
Noninterest income	7,864	7,130	22,591	20,618
Total net revenue	$ 48,519	$ 44,526	$ 140,782	$ 124,108
Net-revenue concentration (as percent)	74.00%	76.00%	63.00%	63.00%
Warehouse Lending
Revenue recognition
Net interest income	$ 4,414	$ 4,737	$ 12,169	$ 13,073
Noninterest income:
Service charges on deposit accounts	11	11	30	27
Noninterest income	11	11	30	27
Total net revenue	$ 4,425	$ 4,748	$ 12,199	$ 13,100
Net-revenue concentration (as percent)	7.00%	8.00%	5.00%	7.00%
Mortgage Banking
Revenue recognition
Net interest income	$ 133	$ 102	$ 308	$ 255
Noninterest income:
Mortgage banking income	1,360	1,102	3,696	3,707
Net gains (losses) on OREO				25
Other	124	65	211	167
Noninterest income	1,484	1,167	3,907	3,899
Total net revenue	$ 1,617	$ 1,269	$ 4,215	$ 4,154
Net-revenue concentration (as percent)	3.00%	2.00%	2.00%	2.00%
Republic Processing Group
Revenue recognition
Net interest income	$ 7,831	$ 6,072	$ 41,114	$ 31,064
Noninterest income:
Service charges on deposit accounts				(39)
Net refund transfer fees	149	177	19,974	18,329
Interchange fee income	36	43	263	242
Program fees	1,686	1,597	4,705	3,972
Other	235	249	1,836	1,176
Noninterest income	2,106	2,066	26,778	23,680
Total net revenue	$ 9,937	$ 8,138	$ 67,892	$ 54,744
Net-revenue concentration (as percent)	16.00%	14.00%	30.00%	28.00%
Tax Refund Solutions
Revenue recognition
Net interest income	$ 113	$ 60	$ 19,127	$ 15,179
Noninterest income:
Service charges on deposit accounts				(39)
Net refund transfer fees	149	177	19,974	18,329
Interchange fee income	22	16	210	187
Program fees	93	63	276	103
Other			1,002	4
Noninterest income	264	256	21,462	18,584
Total net revenue	$ 377	$ 316	$ 40,589	$ 33,763
Net-revenue concentration (as percent)	1.00%	1.00%	18.00%	17.00%
Republic Credit Solutions
Revenue recognition
Net interest income	$ 7,718	$ 6,012	$ 21,987	$ 15,885
Noninterest income:
Interchange fee income	14	27	53	55
Program fees	1,593	1,534	4,429	3,869
Other	235	249	834	1,172
Noninterest income	1,842	1,810	5,316	5,096
Total net revenue	$ 9,560	$ 7,822	$ 27,303	$ 20,981
Net-revenue concentration (as percent)	15.00%	13.00%	12.00%	11.00%

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Sep. 30, 2018USD ($)segment	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Segment Disclosure information
Number of reportable segments | segment							5
Segment information
Net interest income	$ 53,033			$ 48,307			$ 171,782	$ 147,882
Provision for loan and lease losses	4,077			4,221			26,264	21,633
Net refund transfer fees	149			177			19,974	18,329
Mortgage banking income	1,360			1,102			3,696	3,707
Program fees	1,686			1,597			4,705	3,972
Other noninterest income	8,270			7,498			24,931	22,216
Total noninterest income	11,465			10,374			53,306	48,224
Total noninterest expenses	41,212			38,026			124,889	112,699
INCOME BEFORE INCOME TAX EXPENSE	19,209			16,434			73,935	61,774
Income tax expense (benefit)	1,798			5,728			13,389	20,980
NET INCOME	17,411	$ 15,666	$ 27,469	10,706	$ 10,071	$ 20,017	60,546	40,794
Segment end of period assets	$ 5,222,354			$ 4,993,174			$ 5,222,354	$ 4,993,174	$ 5,085,362
Net interest margin (as percent)	4.32%			4.17%			4.67%	4.34%
Net-revenue concentration (as percent)	100.00%			100.00%			100.00%	100.00%
Core Banking Activities
Segment Disclosure information
Number of reportable segments | segment							3
Segment information
Net interest income	$ 45,202			$ 42,235			$ 130,668	$ 116,818
Provision for loan and lease losses	513			609			2,246	2,575
Mortgage banking income	1,360			1,102			3,696	3,707
Other noninterest income	7,999			7,206			22,832	20,837
Total noninterest income	9,359			8,308			26,528	24,544
Total noninterest expenses	36,752			34,277			109,628	99,347
INCOME BEFORE INCOME TAX EXPENSE	17,296			15,657			45,322	39,440
Income tax expense (benefit)	1,944			5,446			7,259	12,875
NET INCOME	15,352			10,211			38,063	26,565
Segment end of period assets	$ 5,112,847			$ 4,941,662			$ 5,112,847	$ 4,941,662
Net interest margin (as percent)	3.76%			3.68%			3.65%	3.49%
Net-revenue concentration (as percent)	84.00%			86.00%			70.00%	72.00%
Traditional Banking
Segment information
Net interest income	$ 40,655			$ 37,396			$ 118,191	$ 103,490
Provision for loan and lease losses	696			683			2,158	2,611
Other noninterest income	7,864			7,130			22,591	20,618
Total noninterest income	7,864			7,130			22,591	20,618
Total noninterest expenses	34,847			32,280			103,654	93,552
INCOME BEFORE INCOME TAX EXPENSE	12,976			11,563			34,970	27,945
Income tax expense (benefit)	966			3,951			4,906	8,684
NET INCOME	12,010			7,612			30,064	19,261
Segment end of period assets	$ 4,537,971			$ 4,361,591			$ 4,537,971	$ 4,361,591
Net interest margin (as percent)	3.82%			3.70%			3.71%	3.48%
Net-revenue concentration (as percent)	74.00%			76.00%			63.00%	63.00%
Warehouse Lending
Segment information
Net interest income	$ 4,414			$ 4,737			$ 12,169	$ 13,073
Provision for loan and lease losses	(183)			(74)			88	(36)
Other noninterest income	11			11			30	27
Total noninterest income	11			11			30	27
Total noninterest expenses	834			848			2,523	2,448
INCOME BEFORE INCOME TAX EXPENSE	3,774			3,974			9,588	10,688
Income tax expense (benefit)	864			1,454			2,193	3,909
NET INCOME	2,910			2,520			7,395	6,779
Segment end of period assets	$ 561,625			$ 570,676			$ 561,625	$ 570,676
Net interest margin (as percent)	3.26%			3.54%			3.18%	3.58%
Net-revenue concentration (as percent)	7.00%			8.00%			5.00%	7.00%
Mortgage Banking
Segment information
Net interest income	$ 133			$ 102			$ 308	$ 255
Mortgage banking income	1,360			1,102			3,696	3,707
Other noninterest income	124			65			211	192
Total noninterest income	1,484			1,167			3,907	3,899
Total noninterest expenses	1,071			1,149			3,451	3,347
INCOME BEFORE INCOME TAX EXPENSE	546			120			764	807
Income tax expense (benefit)	114			41			160	282
NET INCOME	432			79			604	525
Segment end of period assets	$ 13,251			$ 9,395			$ 13,251	$ 9,395
Net-revenue concentration (as percent)	3.00%			2.00%			2.00%	2.00%
Republic Processing Group
Segment Disclosure information
Number of reportable segments | segment							2
Segment information
Net interest income	$ 7,831			$ 6,072			$ 41,114	$ 31,064
Provision for loan and lease losses	3,564			3,612			24,018	19,058
Net refund transfer fees	149			177			19,974	18,329
Program fees	1,686			1,597			4,705	3,972
Other noninterest income	271			292			2,099	1,379
Total noninterest income	2,106			2,066			26,778	23,680
Total noninterest expenses	4,460			3,749			15,261	13,352
INCOME BEFORE INCOME TAX EXPENSE	1,913			777			28,613	22,334
Income tax expense (benefit)	(146)			282			6,130	8,105
NET INCOME	2,059			495			22,483	14,229
Segment end of period assets	$ 109,507			$ 51,512			$ 109,507	$ 51,512
Net-revenue concentration (as percent)	16.00%			14.00%			30.00%	28.00%
Tax Refund Solutions
Segment information
Net interest income	$ 113			$ 60			$ 19,127	$ 15,179
Provision for loan and lease losses	(1,028)			(840)			11,473	6,763
Net refund transfer fees	149			177			19,974	18,329
Program fees	93			63			276	103
Other noninterest income	22			16			1,212	152
Total noninterest income	264			256			21,462	18,584
Total noninterest expenses	2,656			2,851			11,454	10,891
INCOME BEFORE INCOME TAX EXPENSE	(1,251)			(1,695)			17,662	16,109
Income tax expense (benefit)	(799)			(615)			3,664	5,846
NET INCOME	(452)			(1,080)			13,998	10,263
Segment end of period assets	$ 15,991			$ 13,090			$ 15,991	$ 13,090
Net-revenue concentration (as percent)	1.00%			1.00%			18.00%	17.00%
Republic Credit Solutions
Segment information
Net interest income	$ 7,718			$ 6,012			$ 21,987	$ 15,885
Provision for loan and lease losses	4,592			4,452			12,545	12,295
Program fees	1,593			1,534			4,429	3,869
Other noninterest income	249			276			887	1,227
Total noninterest income	1,842			1,810			5,316	5,096
Total noninterest expenses	1,804			898			3,807	2,461
INCOME BEFORE INCOME TAX EXPENSE	3,164			2,472			10,951	6,225
Income tax expense (benefit)	653			897			2,466	2,259
NET INCOME	2,511			1,575			8,485	3,966
Segment end of period assets	$ 93,516			$ 38,422			$ 93,516	$ 38,422
Net-revenue concentration (as percent)	15.00%			13.00%			12.00%	11.00%