Republic Bancorp (RBCAA) 10-Q 10 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	Apr. 30, 2019
Entity Registrant Name	REPUBLIC BANCORP INC /KY/
Entity Central Index Key	0000921557
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
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	2019
Document Fiscal Period Focus	Q1
Class A Common Stock
Entity Common Stock, Shares Outstanding		18,726,157
Class B Common Stock
Entity Common Stock, Shares Outstanding		2,212,487

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 345,512	$ 351,474
Available-for-sale debt securities	430,600	475,738
Held-to-maturity debt securities (fair value of $65,129 in 2019 and $64,858 in 2018)	64,623	65,227
Equity securities with readily determinable fair value	3,095	2,806
Mortgage loans held for sale, at fair value	11,313	8,971
Consumer loans held for sale, at the lower of cost or fair value	12,864	12,838
Loans (loans carried at fair value of $1,718 in 2019 and $1,922 in 2018)	4,298,710	4,148,227
Allowance for loan and lease losses	(57,961)	(44,675)
Loans, net	4,240,749	4,103,552
Federal Home Loan Bank stock, at cost	29,965	32,067
Premises and equipment, net	41,909	43,126
Premises, held for sale	1,618	1,694
Right-of-use assets	38,738
Goodwill	16,300	16,300
Other real estate owned	216	160
Bank owned life insurance	65,265	64,883
Other assets and accrued interest receivable	63,001	61,568
TOTAL ASSETS	5,365,768	5,240,404
Deposits:
Noninterest-bearing	1,184,480	1,003,969
Interest-bearing	2,589,836	2,452,176
Total deposits	3,774,316	3,456,145
Securities sold under agreements to repurchase and other short-term borrowings	173,168	182,990
Operating lease liabilities	40,203
Federal Home Loan Bank advances	560,000	810,000
Subordinated note	41,240	41,240
Other liabilities and accrued interest payable	59,750	60,095
Total liabilities	4,648,677	4,550,470
Commitments and contingent liabilities (Footnote 9)
STOCKHOLDERS’ EQUITY
Preferred stock, no par value
Class A Common Stock and Class B Common Stock, no par value	4,899	4,900
Additional paid in capital	141,206	141,018
Retained earnings	569,189	545,013
Accumulated other comprehensive income	1,797	(997)
Total stockholders’ equity	717,091	689,934
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 5,365,768	$ 5,240,404

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Held-to-maturity debt securities, fair value (in dollars)	$ 65,129	$ 64,858
Loans carried fair value	$ 1,718	$ 1,922
Preferred stock, no par value	$ 0	$ 0
Class A Common Stock
Common Stock, no par value	0	0
Class B Common Stock
Common Stock, no par value	$ 0	$ 0

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
INTEREST INCOME:
Loans, including fees	$ 76,828	$ 69,627
Taxable investment securities	3,591	2,634
Federal Home Loan Bank stock and other	2,214	1,572
Total interest income	82,633	73,833
INTEREST EXPENSE:
Deposits	6,748	3,360
Securities sold under agreements to repurchase and other short-term borrowings	421	213
Federal Home Loan Bank advances	2,730	2,274
Subordinated note	435	321
Total interest expense	10,334	6,168
NET INTEREST INCOME	72,299	67,665
Provision for loan and lease losses	17,231	17,255
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES	55,068	50,410
NONINTEREST INCOME:
Service charges on deposit accounts	3,303	3,555
Net refund transfer fees	17,100	16,352
Mortgage banking income	1,539	1,020
Interchange fee income	2,757	2,667
Program fees	1,074	1,696
Increase in cash surrender value of bank owned life insurance	382	371
Net gains on other real estate owned	130	132
Other	1,132	1,752
Total noninterest income	27,417	27,545
NONINTEREST EXPENSE:
Salaries and employee benefits	25,076	23,834
Occupancy and equipment, net	6,584	6,221
Communication and transportation	1,161	1,382
Marketing and development	1,102	916
FDIC insurance expense	448	525
Bank franchise tax expense	2,496	2,518
Data processing	2,096	2,386
Interchange related expense	1,315	1,007
Supplies	484	381
Other real estate owned expense	46	45
Legal and professional fees	886	1,043
Other	3,815	2,787
Total noninterest expense	45,509	43,045
INCOME BEFORE INCOME TAX EXPENSE	36,976	34,910
INCOME TAX EXPENSE	7,460	7,441
NET INCOME	$ 29,516	$ 27,469
Class A Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	$ 1.42	$ 1.32
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	1.41	1.32
Class B Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	1.29	1.21
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	$ 1.28	$ 1.20

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 29,516	$ 27,469
OTHER COMPREHENSIVE INCOME
Change in fair value of derivatives used for cash flow hedges	(69)	199
Reclassification amount for net derivative losses realized in income	(19)	26
Change in unrealized (loss) gain on AFS debt securities	3,659	(2,117)
Adjustment for adoption of ASU 2016-01		(428)
Change in unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings	(33)	(2)
Total other comprehensive income (loss) before income tax	3,538	(2,322)
Tax effect	(744)	489
Total other comprehensive income (loss), net of tax	2,794	(1,833)
COMPREHENSIVE INCOME	$ 32,310	$ 25,636

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.	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, 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 on Common Stock:
Dividends declared on 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 awards, Performance stock units				26							26
Stock-based awards, Restricted stock				64							64
Stock-based awards, Restricted stock (in shares)	36
Stock-based awards, 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
Increase (Decrease) in Stockholders' Equity
Adjustment for adoption							(35)	(338)			(373)
Balance at beginning of period at Dec. 31, 2018			4,900	141,018			545,013	(997)			689,934
Balance (in shares) at Dec. 31, 2018	18,675	2,213
Increase (Decrease) in Stockholders' Equity
Net income							29,516				29,516
Net change in accumulated other comprehensive income								2,794			2,794
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (4,933)	$ (531)			$ (4,933)	$ (531)
Repurchase of Class A Common Stock			(1)	(376)			(2)				(379)
Repurchase of Class A Common Stock (in shares)	(8)
Net change in notes receivable on Class A Common Stock				(34)							(34)
Deferred director compensation expense - Class A Common Stock				65							65
Deferred director compensation expense - Class A Common Stock (in shares)	5
Deferred designed key employee compensation expense - Class A Common Stock				168							168
Employee stock purchase plan - Class A Common Stock				121							121
Employee stock purchase plan - Class A Common Stock (in shares)	3
Stock-based awards, Performance stock units				(57)							(57)
Stock-based awards, Performance stock units (in shares)	23
Stock-based awards, Restricted stock				180							180
Stock-based awards, Stock options				121							121
Balance at end of period at Mar. 31, 2019			$ 4,899	$ 141,206			569,189	$ 1,797			717,091
Balance (in shares) at Mar. 31, 2019	18,698	2,213
Increase (Decrease) in Stockholders' Equity
Adjustment for adoption							$ 126				$ 126

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Class A Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 0.264	$ 0.242
Class B Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 0.240	$ 0.220

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
OPERATING ACTIVITIES:
Net income	$ 29,516	$ 27,469
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization on investment securities	(8)	(106)
Net accretion on loans and amortization of core deposit intangible and operating lease components	(596)	(702)
Unrealized (gains) losses on equity securities with readily determinable fair value	(289)	182
Depreciation of premises and equipment	2,263	2,447
Amortization of mortgage servicing rights	322	362
Provision for loan and lease losses	17,231	17,255
Net gain on sale of mortgage loans held for sale	(1,260)	(777)
Origination of mortgage loans held for sale	(40,714)	(29,410)
Proceeds from sale of mortgage loans held for sale	39,632	31,452
Net gain on sale of consumer loans held for sale	(1,405)	(1,637)
Origination of consumer loans held for sale	(146,087)	(164,496)
Proceeds from sale of consumer loans held for sale	147,466	167,562
Net gain realized on sale of other real estate owned	(130)	(132)
Impairment of premises held for sale	66	104
Deferred compensation expense - Class A Common Stock	233	55
Stock-based awards expense - Class A Common Stock	244	152
Increase in cash surrender value of bank owned life insurance	(382)	(371)
Net change in other assets and liabilities:
Accrued interest receivable	(28)	310
Accrued interest payable	536	(59)
Other assets	(2,026)	(97)
Other liabilities	(297)	2,439
Net cash provided by operating activities	44,287	52,002
INVESTING ACTIVITIES:
Purchases of available-for-sale debt securities		(69,940)
Proceeds from calls, maturities and paydowns of available-for-sale debt securities	48,775	174,255
Proceeds from calls, maturities and paydowns of held-to-maturity debt securities	600	1,375
Net change in outstanding warehouse lines of credit	(90,092)	(8,387)
Net change in other loans	(63,922)	(37,155)
Proceeds from redemption of Federal Home Loan Bank stock	2,102
Proceeds from sales of other real estate owned	229	266
Net purchases of premises and equipment	(1,036)	(3,738)
Net cash (used in) provided by investing activities	(103,344)	56,676
FINANCING ACTIVITIES:
Net change in deposits	318,171	284,465
Net change in securities sold under agreements to repurchase and other short-term borrowings	(9,822)	(28,339)
Payments of Federal Home Loan Bank advances	(520,000)	(347,500)
Proceeds from Federal Home Loan Bank advances	270,000	50,000
Repurchase of Class A Common Stock	(379)
Net proceeds from Class A Common Stock purchased through employee stock purchase plan	121
Cash dividends paid	(4,996)	(4,533)
Net cash provided by (used in) financing activities	53,095	(45,907)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(5,962)	62,771
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	351,474	299,351
CASH AND CASH EQUIVALENTS AT END OF PERIOD	345,512	362,122
Cash paid during the period for:
Interest	9,798	6,227
Income taxes	387	365
SUPPLEMENTAL NONCASH DISCLOSURES:
Transfers from loans to real estate acquired in settlement of loans	155	179
Unfunded commitments in low-income-housing investments		$ 9,033
Right-of-use assets recorded upon adoption of ASU 2016-02	$ 40,104

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2019
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 and Republic Insurance Services, Inc. As used in this filing, the terms “Republic,” the “Company,” “we,” “our,” and “us” refer to Republic Bancorp, Inc., and, where the context requires, Republic Bancorp, Inc. and its subsidiaries. The term the “Bank” refers to the Company’s subsidiary bank: Republic Bank & Trust Company. The term the “Captive” refers to the Company’s insurance subsidiary: Republic Insurance Services, Inc. All significant intercompany balances and transactions are eliminated in consolidation. Republic is a financial holding company headquartered in Louisville, Kentucky. 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 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. GAAP for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. Operating results for the three months ended March 31, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019. 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, 2018. As of March 31, 2019, the Company was divided into five reportable segments: Traditional Banking, Warehouse, Mortgage Banking, TRS, and RCS. Management considers the first three segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last two segments collectively constitute RPG operations. The Bank’s Correspondent Lending channel and the Company’s national branchless banking platform, MemoryBank ® , are considered part of the Traditional Banking segment. Core Bank Traditional Banking segment — The Traditional Banking segment provides traditional banking products primarily to customers in the Company’s market footprint. As of March 31, 2019, Republic had 45 full-service banking centers and two LPOs 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 — 8*  Metropolitan Cincinnati, Ohio — 1  Metropolitan Nashville, Tennessee — 3* *Includes an 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. FHLB advances have traditionally been a significant borrowing source for the Bank. Other sources of Traditional Banking income include service charges on deposit accounts, debit and credit card interchange fee income, title insurance commissions, fees charged to clients for trust services, and increases in the cash surrender value of 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, 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. The Traditional Bank has acquired for investment single family, first lien mortgage loans that meet the Traditional Bank’s specifications through its Correspondent Lending channel. Substantially all loans purchased through the Correspondent Lending channel are purchased at a premium. Warehouse Lending segment — Through its Warehouse Lending segment, the Core Bank provides short-term, revolving credit facilities to mortgage bankers across the United States through mortgage warehouse lines of credit. These credit facilities are primarily secured by single family, first lien residential real estate loans. The credit facility enables the mortgage banking clients to close single family, first lien residential real estate loans in their own name and temporarily fund their inventory of these closed loans until the loans are sold to investors approved by the Bank. 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 FHLMC and the FNMA. 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. 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 EA tax credit product is a loan that allows a taxpayer to borrow funds as an advance of a portion of their tax refund. EA features consistent during 2018 and 2019: · Offered only during the first two months of each year; · No requirement that the taxpayer pays for another bank product, such as an RT; · Multiple funds disbursement methods, including direct deposit, prepaid card, check, or Walmart Direct2Cash ® , based on the taxpayer-customer’s election; · Repayment of the EA to the Bank is deducted from the taxpayer’s tax refund proceeds; and · If an insufficient refund to repay the EA occurs: o there is no recourse to the taxpayer, o no negative credit reporting on the taxpayer, and o no collection efforts against the taxpayer. EA features modified from 2018 to 2019: · During 2019, the taxpayer was given the option to choose from multiple loan-amount tiers, subject to underwriting, up to a maximum advance amount of $6,250. This compares to a maximum loan amount of $3,500 during 2018; · During 2018, EA fees were charged only to the Tax Providers. In 2019, the fee charged to the Tax Providers was lowered; and a direct fee to the taxpayer was charged. The APR to the taxpayer for his or her portion of the total fee equated to less than 36% for all offering tiers. The Company reports fees paid for the EA product as interest income on loans. EAs are generally repaid within three weeks after the taxpayer’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’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 by June 30 th of each year, with EAs collected during the second half of each year recorded as recoveries of previously charged off loans. 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 payment patterns. Because the substantial majority of the EA volume occurs each year before that year’s tax refund payment 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 payment patterns change materially between years. Republic Payment Solutions — 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 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 with certain services provided by Elevate Credit, Inc., its third-party servicer provider. RCS sells participation interests equal to 90% of the balances generated within three business days to a third-party special purpose entity 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 healthcare receivables product – The Bank originates healthcare-receivables products across the United States through two different third-party service providers. In one program, the Bank retains 100% of the receivables originated. In the other program, 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 piloted 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. From the fourth quarter of 2015 through the first quarter of 2018, the Bank piloted through RCS 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 a special purpose entity related to its third-party marketer/servicer and retained the remaining 10% interest. During the fourth quarter of 2018, the Bank and its third-party marketer/servicer finalized an agreement to sell 100% of the existing portfolio to an unrelated third party. The sale of the RCS credit-card portfolio receivables was settled in January 2019 and all accounts and related assets were transferred in March 2019. 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 Issued The following ASUs were issued prior to March 31, 2019 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 2016-13 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. 2019-01 Leases (Topic 842): Codification Improvements This ASU aligns fair value guidance for certain lessors with that of existing guidance (Issue 1). The ASU also requires lessors within the scope of Topic 942, Financial Services—Depository and Lending, to present all “principal payments received under leases” within investing activities (Issue 2). Finally, the ASU exempts both lessees and lessors from having to provide certain interim disclosures in the fiscal year in which a company adopts the new leases standard (Issue 3). Issue 1 and 2 January 1, 2020; Issue 3 January 1, 2019 Prospectively. Immaterial Accounting Standards Updates Adopted The following ASUs were adopted by the Company during the three months ended March 31, 2019: ASU. No. Topic Nature of Update Date Adopted Method of Adoption 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. The Company adopted this ASU on January 1, 2019 and upon adoption recorded $40 million of right-of-use lease assets and $42 million of operating lease liabilities on its balance sheet. The adoption of this ASU did not have a meaningful impact on the Company's performance metrics, including regulatory capital ratios and return on average assets. Additionally, the Company does not believe that the adoption of this ASU by its clients will have a significant impact on the Company's ability to underwrite credit when client financial statements are presented inclusive of the requirements of this ASU. See Note 7 in this section of the filing regarding disclosures by the Company to comply with this ASU. 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. See Note 7 in this section of the filing regarding disclosures by the Company to comply with this ASU. 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 elected the optional transition method permitted by this ASU, allowing the Company to adopt ASU 2016-02, effective January 1, 2019 with a cumulative-effect adjustment to the opening balance of retained earnings on January 1, 2019. 2017-12 Derivatives and Hedging (Topic 815) The amendments in this ASU make certain targeted improvements to simplify the application of hedge accounting. January 1, 2019 Prospectively. Immaterial

INVESTMENT SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2019
INVESTMENT SECURITIES
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES Available-for-Sale Debt Securities The gross amortized cost and fair value of AFS debt securities and the related gross unrealized gains and losses recognized in AOCI were as follows: Gross Gross Amortized Unrealized Unrealized Fair March 31, 2019 (in thousands) Cost Gains Losses Value U.S. Treasury securities and U.S. Government agencies $ 179,505 $ 56 $ (804) $ 178,757 Private label mortgage backed security 2,328 1,331 — 3,659 Mortgage backed securities - residential 161,233 2,368 (533) 163,068 Collateralized mortgage obligations 71,742 257 (677) 71,322 Corporate bonds 10,000 — (306) 9,694 Trust preferred security 3,543 557 — 4,100 Total available-for-sale debt securities $ 428,351 $ 4,569 $ (2,320) $ 430,600 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2018 (in thousands) Cost Gains Losses Value U.S. Treasury securities and U.S. Government agencies $ 218,502 $ 25 $ (1,654) $ 216,873 Private label mortgage backed security 2,348 1,364 — 3,712 Mortgage backed securities - residential 168,992 1,470 (1,253) 169,209 Collateralized mortgage obligations 73,740 222 (1,151) 72,811 Corporate bonds 10,000 — (942) 9,058 Trust preferred security 3,533 542 — 4,075 Total available-for-sale debt securities $ 477,115 $ 3,623 $ (5,000) $ 475,738 Held-to-Maturity Debt Securities The carrying value, gross unrecognized gains and losses, and fair value of HTM debt securities were as follows: Gross Gross Carrying Unrecognized Unrecognized Fair March 31, 2019 (in thousands) Value Gains Losses Value Mortgage backed securities - residential $ 130 $ 8 $ — $ 138 Collateralized mortgage obligations 18,947 161 (20) 19,088 Corporate bonds 45,083 413 (50) 45,446 Obligations of state and political subdivisions 463 — (6) 457 Total held-to-maturity debt securities $ 64,623 $ 582 $ (76) $ 65,129 Gross Gross Carrying Unrecognized Unrecognized Fair December 31, 2018 (in thousands) Value Gains Losses Value Mortgage backed securities - residential $ 132 $ 8 $ — $ 140 Collateralized mortgage obligations 19,544 178 (46) 19,676 Corporate bonds 45,088 16 (514) 44,590 Obligations of state and political subdivisions 463 — (11) 452 Total held-to-maturity debt securities $ 65,227 $ 202 $ (571) $ 64,858 Sales of Available-for-Sale Debt Securities During the three months ended March 31, 2019 and 2018, there were no gains or losses on sales or calls of AFS debt securities. Debt Securities by Contractual Maturity The amortized cost and fair value of debt securities by contractual maturity at March 31, 2019 follow. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are detailed separately. Available-for-Sale Held-to-Maturity Debt Securities Debt Securities Amortized Fair Carrying Fair March 31, 2019 (in thousands) Cost Value Value Value Due in one year or less $ 64,780 $ 64,360 $ 75 $ 75 Due from one year to five years 124,725 124,091 40,529 40,936 Due from five years to ten years — — 4,942 4,892 Due beyond ten years 3,543 4,100 — — Private label mortgage backed security 2,328 3,659 — — Mortgage backed securities - residential 161,233 163,068 130 138 Collateralized mortgage obligations 71,742 71,322 18,947 19,088 Total debt securities $ 428,351 $ 430,600 $ 64,623 $ 65,129 Unrealized-Loss Analysis on Debt Securities Debt securities with unrealized losses at March 31, 2019 and December 31, 2018, aggregated by investment category and length of time that individual debt securities have been in a continuous unrealized loss position, were as follows: Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized March 31, 2019 (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 $ 19,740 $ (116) $ 98,962 $ (688) $ 118,702 $ (804) Mortgage backed securities - residential — — 51,604 (533) 51,604 (533) Collateralized mortgage obligations 4,336 (5) 33,477 (672) 37,813 (677) Corporate bonds 9,694 (306) — — 9,694 (306) Total available-for-sale debt securities $ 33,770 $ (427) $ 184,043 $ (1,893) $ 217,813 $ (2,320) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 2018 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ 71,627 $ (598) $ 106,136 $ (1,056) $ 177,763 $ (1,654) Mortgage backed securities - residential 43,691 (484) 32,003 (769) 75,694 (1,253) Collateralized mortgage obligations 16,487 (473) 31,071 (678) 47,558 (1,151) Corporate bonds 9,058 (942) — — 9,058 (942) Total available-for-sale debt securities $ 140,863 $ (2,497) $ 169,210 $ (2,503) $ 310,073 $ (5,000) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized March 31, 2019 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Held-to-maturity debt securities: Collateralized mortgage obligations $ — $ — $ 5,393 $ (20) $ 5,393 $ (20) Corporate bonds 4,892 (50) — — 4,892 (50) Obligations of state and political subdivisions — — 457 (6) 457 (6) Total held-to-maturity debt securities: $ 4,892 $ (50) $ 5,850 $ (26) $ 10,742 $ (76) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 2018 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Held-to-maturity debt securities: Collateralized mortgage obligations $ — $ — $ 5,539 $ (46) $ 5,539 $ (46) Corporate bonds 39,499 (514) — — 39,499 (514) Obligations of state and political subdivisions 105 (1) 347 (10) 452 (11) Total held-to-maturity debt securities: $ 39,604 $ (515) $ 5,886 $ (56) $ 45,490 $ (571) At March 31, 2019, the Bank’s security portfolio consisted of 172 securities, 47 of which were in an unrealized loss position. At December 31, 2018, the Bank’s security portfolio consisted of 182 securities, 65 of which were in an unrealized loss position. At March 31, 2019 and December 31, 2018, 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. Corporate Bonds From 2013 to 2018, the Bank purchased various floating-rate corporate bonds. These 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 10% of the Bank’s investment portfolio as of March 31, 2019 and December 31, 2018. During 2018, one of these bonds was downgraded to BBB+ (S&P/Fitch), driving a significant decrease in the bond’s market value. As of March 31, 2019, this bond reflected an unrealized loss of $306,000. The Bank does not intend to sell this bond, and it is likely that it will not be required to sell this bond before the bond’s anticipated recovery, therefore, management does not consider this bond to have OTTI. Mortgage Backed Securities and Collateralized Mortgage Obligations At March 31, 2019, with the exception of the $3.7 million private label mortgage backed security, all other mortgage backed securities and CMOs held by the Bank were issued by U.S. government-sponsored entities and agencies, primarily the FHLMC and FNMA. At March 31, 2019 and December 31, 2018, there were gross unrealized losses of $1.2 million and $2.4 million related to AFS 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 OTTI. Trust Preferred Security During 2015, the Parent Company purchased a $3 million floating rate TRUP at a price of 68% of par. The coupon on this security is based on the 3-month 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. 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 $3.7 million at March 31, 2019. 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 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 10 “Fair Value” in this section of the filing. Pledged Debt Securities Debt securities pledged to secure public deposits, securities sold under agreements to repurchase and debt securities held for other purposes, as required or permitted by law are as follows: (in thousands) March 31, 2019 December 31, 2018 Carrying amount $ 228,310 $ 240,590 Fair value 228,414 240,700 Equity Securities The carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values were as follows: Gross Gross Amortized Unrealized Unrealized Fair March 31, 2019 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 662 $ — $ 662 Community Reinvestment Act mutual fund 2,500 — (67) 2,433 Total equity securities with readily determinable fair values $ 2,500 $ 662 $ (67) $ 3,095 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2018 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 410 $ — $ 410 Community Reinvestment Act mutual fund 2,500 — (104) 2,396 Total equity securities with readily determinable fair values $ 2,500 $ 410 $ (104) $ 2,806 For equity securities with readily determinable fair values, the gross realized and unrealized gains and losses recognized in the Company’s consolidated statements of income were as follows: Three Months Ended March 31, 2019 Gains (Losses) Recognized on Equity Securities (in thousands) Realized Unrealized Total Freddie Mac preferred stock $ — $ 252 $ 252 Community Reinvestment Act mutual fund — 37 37 Total equity securities with readily determinable fair value $ — $ 289 $ 289 Three Months Ended March 31, 2018 Gains (Losses) Recognized on Equity Securities (in thousands) Realized Unrealized Total Freddie Mac preferred stock $ — $ (145) $ (145) Community Reinvestment Act mutual fund — (37) (37) Total equity securities with readily determinable fair value $ — $ (182) $ (182)

LOANS HELD FOR SALE

LOANS HELD FOR SALE	3 Months Ended
	Mar. 31, 2019
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 11 “Mortgage Banking Activities” of this section of the filing. Consumer Loans Held for Sale, at the Lower of Cost or Fair Value RCS originates for sale 90% of its line-of-credit product and a portion of its hospital receivables product. Prior to the third quarter of 2018, RCS also originated for sale 90% of its credit-card product. During the third quarter of 2018, the Bank and its third-party marketer/servicer agreed to sell 100% of the existing RCS credit-card portfolio to an unrelated third party. As a result, the Bank reclassified 100% of its RCS credit-card portfolio into a held-for-sale category and charged this portfolio down to its estimated net realizable value. The Bank and its third-party marketer/servicer settled the sale of the RCS credit-card portfolio in January 2019. Ordinary gains or losses on the sale of RCS products are reported as a component of “Program fees.” Activity for consumer loans held for sale and carried at the lower of cost or market value was as follows: Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ 12,838 $ 8,551 Origination of consumer loans held for sale 146,087 154,057 Proceeds from the sale of consumer loans held for sale (147,466) (156,802) Net gain on sale of consumer loans held for sale 1,405 1,574 Balance, end of period $ 12,864 $ 7,380

LOANS AND ALLOWANCE FOR LOAN AN

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES	3 Months Ended
	Mar. 31, 2019
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES	4. LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES The composition of the loan portfolio follows: (in thousands) March 31, 2019 December 31, 2018 Traditional Banking: Residential real estate: Owner occupied $ 906,330 $ 907,005 Owner occupied - correspondent* 88,776 94,827 Nonowner occupied 251,876 242,846 Commercial real estate 1,277,201 1,248,940 Construction & land development 168,579 175,178 Commercial & industrial 456,707 430,355 Lease financing receivables 14,292 15,031 Home equity 323,695 332,548 Consumer: Credit cards 18,073 19,095 Overdrafts 892 1,102 Automobile loans 65,960 63,475 Other consumer 51,276 46,642 Total Traditional Banking 3,623,657 3,577,044 Warehouse lines of credit* 558,787 468,695 Total Core Banking 4,182,444 4,045,739 Republic Processing Group*: Tax Refund Solutions: Easy Advances 22,700 — Other TRS loans 570 13,744 Republic Credit Solutions 92,996 88,744 Total Republic Processing Group 116,266 102,488 Total loans** 4,298,710 4,148,227 Allowance for loan and lease losses (57,961) (44,675) Total loans, net $ 4,240,749 $ 4,103,552 *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: (in thousands) March 31, 2019 December 31, 2018 Contractually receivable $ 4,297,610 $ 4,147,249 Unearned income(1) (1,134) (1,038) Unamortized premiums(2) 553 588 Unaccreted discounts(3) (3,143) (3,174) Net unamortized deferred origination fees and costs(4) 4,824 4,602 Carrying value of loans $ 4,298,710 $ 4,148,227 (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 Loans The following table reconciles the contractually required and carrying amounts of all PCI loans: (in thousands) March 31, 2019 December 31, 2018 Contractually required principal $ 3,989 $ 4,251 Non-accretable amount (1,405) (1,521) Accretable amount (50) (50) Carrying value of loans $ 2,534 $ 2,680 The following table presents a rollforward of the accretable amount on all PCI loans: Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ (50) $ (140) Transfers between non-accretable and accretable* (116) — Net accretion into interest income on loans, including loan fees 116 — Balance, end of period $ (50) $ (140) * Transfers are primarily attributable to changes in estimated cash flows of the underlying loans. Credit Quality Indicators The following tables include loans by risk category based on the Bank’s internal analyses. Risk categories are defined in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018: March 31, 2019 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 $ — $ 14,080 $ 11,775 $ — $ 167 $ 1,429 $ 27,451 Owner occupied - correspondent — — 862 — — — 862 Nonowner occupied — 943 1,358 — — — 2,301 Commercial real estate 1,267,077 6,450 2,775 — 899 — 1,277,201 Construction & land development 168,516 — 63 — — — 168,579 Commercial & industrial 454,712 1,284 687 — 24 — 456,707 Lease financing receivables 14,292 — — — — — 14,292 Home equity — — 1,779 — 5 7 1,791 Consumer: Credit cards — — — — — — — Overdrafts — — — — — — — Automobile loans — — 115 — — — 115 Other consumer — — 411 — — 3 414 Total Traditional Banking 1,904,597 22,757 19,825 — 1,095 1,439 1,949,713 Warehouse lines of credit 558,787 — — — — — 558,787 Total Core Banking 2,463,384 22,757 19,825 — 1,095 1,439 2,508,500 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — Other TRS loans — — 3 — — — 3 Republic Credit Solutions — — 69 — — — 69 Total Republic Processing Group — — 72 — — — 72 Total rated loans $ 2,463,384 $ 22,757 $ 19,897 $ — $ 1,095 $ 1,439 $ 2,508,572 December 31, 2018 Special Doubtful / PCI Loans - PCI Loans - Total Rated (in thousands) Pass Mention Substandard Loss Group 1 Substandard Loans* Traditional Banking: Residential real estate: Owner occupied $ — $ 14,536 $ 11,690 $ — $ 170 $ 1,476 $ 27,872 Owner occupied - correspondent — — 382 — — — 382 Nonowner occupied — 575 1,889 — — — 2,464 Commercial real estate 1,239,576 5,281 3,162 — 921 — 1,248,940 Construction & land development 175,113 — 65 — — — 175,178 Commercial & industrial 428,897 813 620 — 25 — 430,355 Lease financing receivables 15,031 — — — — — 15,031 Home equity — — 1,361 — 5 81 1,447 Consumer: Credit cards — — — — — — — Overdrafts — — — — — — — Automobile loans — — 91 — — — 91 Other consumer — — 462 — — 2 464 Total Traditional Banking 1,858,617 21,205 19,722 — 1,121 1,559 1,902,224 Warehouse lines of credit 468,695 — — — — — 468,695 Total Core Banking 2,327,312 21,205 19,722 — 1,121 1,559 2,370,919 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — Other TRS loans — — — — — — — Republic Credit Solutions — — 138 — — — 138 Total Republic Processing Group — — 138 — — — 138 Total rated loans $ 2,327,312 $ 21,205 $ 19,860 $ — $ 1,121 $ 1,559 $ 2,371,057 *The above tables exclude all non-classified residential real estate, home equity and consumer loans at the respective period ends. Allowance for Loan and Lease Losses The following table presents the activity in the Allowance by portfolio class: Allowance Rollforward Three Months Ended March 31, 2019 2018 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 $ 5,798 $ (240) $ (17) $ 38 $ 5,579 $ 6,182 $ — $ (215) $ 21 $ 5,988 Owner occupied - correspondent 237 (15) — — 222 292 (14) — — 278 Nonowner occupied 1,662 130 (72) — 1,720 1,396 165 (121) 21 1,461 Commercial real estate 10,030 203 — 2 10,235 9,043 292 — 125 9,460 Construction & land development 2,555 (112) — — 2,443 2,364 354 — 2 2,720 Commercial & industrial 2,873 360 — 2 3,235 2,198 126 (108) 31 2,247 Lease financing receivables 158 (8) — — 150 174 (9) — — 165 Home equity 3,477 (157) (13) 30 3,337 3,754 (111) — 26 3,669 Consumer: Credit cards 1,140 65 (150) 24 1,079 607 235 (93) 7 756 Overdrafts 1,102 19 (294) 65 892 974 17 (289) 89 791 Automobile loans 724 38 — 6 768 687 19 — — 706 Other consumer 591 (94) (66) 81 512 1,162 (135) (120) 83 990 Total Traditional Banking 30,347 189 (612) 248 30,172 28,833 939 (946) 405 29,231 Warehouse lines of credit 1,172 225 — — 1,397 1,314 21 — — 1,335 Total Core Banking 31,519 414 (612) 248 31,569 30,147 960 (946) 405 30,566 Republic Processing Group: Tax Refund Solutions: Easy Advances — 13,381 — — 13,381 — 13,277 (3,705) — 9,572 Other TRS loans 107 53 (17) 6 149 12 112 — 1 125 Republic Credit Solutions 13,049 3,383 (3,824) 254 12,862 12,610 2,906 (3,696) 258 12,078 Total Republic Processing Group 13,156 16,817 (3,841) 260 26,392 12,622 16,295 (7,401) 259 21,775 Total $ 44,675 $ 17,231 $ (4,453) $ 508 $ 57,961 $ 42,769 $ 17,255 $ (8,347) $ 664 $ 52,341 Nonperforming Loans and Nonperforming Assets Detail of nonperforming loans, nonperforming assets and select credit quality ratios follows: (dollars in thousands) March 31, 2019 December 31, 2018 Loans on nonaccrual status* $ 15,361 $ 15,993 Loans past due 90-days-or-more and still on accrual** 199 145 Total nonperforming loans 15,560 16,138 Other real estate owned 216 160 Total nonperforming assets $ 15,776 $ 16,298 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.36 % 0.39 % Nonperforming assets to total loans (including OREO) 0.37 0.39 Nonperforming assets to total assets 0.29 0.31 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.37 % 0.40 % Nonperforming assets to total loans (including OREO) 0.37 0.40 Nonperforming assets to total assets 0.31 0.32 *Loans on nonaccrual status include impaired loans. **Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. The following table presents the recorded investment in nonaccrual loans and loans past due 90-days-or-more and still on accrual by class of loans: Past Due 90-Days-or-More Nonaccrual and Still Accruing Interest* (in thousands) March 31, 2019 December 31, 2018 March 31, 2019 December 31, 2018 Traditional Banking: Residential real estate: Owner occupied $ 9,742 $ 10,800 $ — $ — Owner occupied - correspondent 862 382 — — Nonowner occupied 467 669 — — Commercial real estate 1,970 2,318 — — Construction & land development 219 — — — Commercial & industrial 666 630 — — Lease financing receivables — — — — Home equity 1,356 1,095 — — Consumer: Credit cards — — — — Overdrafts — — — — Automobile loans 61 75 — — Other consumer 18 24 4 13 Total Traditional Banking 15,361 15,993 4 13 Warehouse lines of credit — — — — Total Core Banking 15,361 15,993 4 13 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — Other TRS loans — — 3 4 Republic Credit Solutions — — 192 128 Total Republic Processing Group — — 195 132 Total $ 15,361 $ 15,993 $ 199 $ 145 * 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. TDRs on nonaccrual status are reviewed for return to accrual status on an individual basis, with additional consideration given to performance under the modified terms. Delinquent Loans The following tables present the aging of the recorded investment in loans by class of loans: 30 - 59 60 - 89 90 or More March 31, 2019 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent** Current Total Traditional Banking: Residential real estate: Owner occupied $ 1,205 $ 404 $ 3,402 $ 5,011 $ 901,319 $ 906,330 Owner occupied - correspondent 484 — — 484 88,292 88,776 Nonowner occupied — — 460 460 251,416 251,876 Commercial real estate 28 60 329 417 1,276,784 1,277,201 Construction & land development — 219 — 219 168,360 168,579 Commercial & industrial 73 96 — 169 456,538 456,707 Lease financing receivables — — — — 14,292 14,292 Home equity 368 — 260 628 323,067 323,695 Consumer: Credit cards 28 44 — 72 18,001 18,073 Overdrafts 203 1 1 205 687 892 Automobile loans 35 — — 35 65,925 65,960 Other consumer 19 4 4 27 51,249 51,276 Total Traditional Banking 2,443 828 4,456 7,727 3,615,930 3,623,657 Warehouse lines of credit — — — — 558,787 558,787 Total Core Banking 2,443 828 4,456 7,727 4,174,717 4,182,444 Republic Processing Group: Tax Refund Solutions: Easy Advances 19,100 — — 19,100 3,600 22,700 Other TRS loans 5 3 3 11 559 570 Republic Credit Solutions 5,092 2,064 193 7,349 85,647 92,996 Total Republic Processing Group 24,197 2,067 196 26,460 89,806 116,266 Total $ 26,640 $ 2,895 $ 4,652 $ 34,187 $ 4,264,523 $ 4,298,710 Delinquency ratio*** 0.62 % 0.07 % 0.11 % 0.80 % * All loans past due 90-days-or-more, excluding small balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. EAs do not have a contractual due date but the Company considers an EA delinquent if it remains unpaid three weeks after the taxpayer’s tax return is submitted to the applicable taxing authority. *** Represents total loans 30-days-or-more past due by aging category divided by total loans. 30 - 59 60 - 89 90 or More December 31, 2018 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent** Current Total Traditional Banking: Residential real estate: Owner occupied $ 1,137 $ 748 $ 3,640 $ 5,525 $ 901,480 $ 907,005 Owner occupied - correspondent — — — — 94,827 94,827 Nonowner occupied 349 — 659 1,008 241,838 242,846 Commercial real estate 511 — 588 1,099 1,247,841 1,248,940 Construction & land development — — — — 175,178 175,178 Commercial & industrial — — 25 25 430,330 430,355 Lease financing receivables — — — — 15,031 15,031 Home equity 558 — 226 784 331,764 332,548 Consumer: Credit cards 82 46 1 129 18,966 19,095 Overdrafts 223 5 2 230 872 1,102 Automobile loans — 28 — 28 63,447 63,475 Other consumer 27 7 13 47 46,595 46,642 Total Traditional Banking 2,887 834 5,154 8,875 3,568,169 3,577,044 Warehouse lines of credit — — — — 468,695 468,695 Total Core Banking 2,887 834 5,154 8,875 4,036,864 4,045,739 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — Other TRS loans 2 4 4 10 13,734 13,744 Republic Credit Solutions 5,734 1,215 128 7,077 81,667 88,744 Total Republic Processing Group 5,736 1,219 132 7,087 95,401 102,488 Total $ 8,623 $ 2,053 $ 5,286 $ 15,962 $ 4,132,265 $ 4,148,227 Delinquency ratio*** 0.21 % 0.05 % 0.13 % 0.38 % * All loans past due 90-days-or-more, excluding smaller balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. *** Represents total loans 30-days-or-more past due by aging category divided by total loans. Impaired Loans Information regarding the Bank’s impaired loans follows: (in thousands) March 31, 2019 December 31, 2018 Loans with no allocated Allowance $ 17,332 $ 19,555 Loans with allocated Allowance 22,669 21,880 Total recorded investment in impaired loans $ 40,001 $ 41,435 Amount of the allocated Allowance $ 3,594 $ 3,764 Approximately $3 million and $3 million of impaired loans at March 31, 2019 and December 31, 2018 were PCI loans. Approximately $2 million and $2 million of impaired loans at March 31, 2019 and December 31, 2018 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: Allowance for Loan and Lease Losses Loans Individually PCI with Individually PCI with PCI without March 31, 2019 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 $ 1,890 $ 3,357 $ 332 $ 5,579 $ 24,570 $ 880,163 $ 1,597 $ — $ 906,330 0.62 % Owner occupied - correspondent — 222 — 222 862 87,914 — — 88,776 0.25 Nonowner occupied — 1,720 — 1,720 1,802 250,074 — — 251,876 0.68 Commercial real estate 293 9,933 9 10,235 6,755 1,269,547 897 2 1,277,201 0.80 Construction & land development 2 2,441 — 2,443 63 168,516 — — 168,579 1.45 Commercial & industrial 256 2,979 — 3,235 1,103 455,580 — 24 456,707 0.71 Lease financing receivables — 150 — 150 — 14,292 — — 14,292 1.05 Home equity 296 3,041 — 3,337 1,779 321,904 12 — 323,695 1.03 Consumer: Credit cards — 1,079 — 1,079 — 18,073 — — 18,073 5.97 Overdrafts — 892 — 892 — 892 — — 892 100.00 Automobile loans 115 653 — 768 115 65,845 — — 65,960 1.16 Other consumer 384 128 — 512 407 50,867 2 — 51,276 1.00 Total Traditional Banking 3,236 26,595 341 30,172 37,456 3,583,667 2,508 26 3,623,657 0.83 Warehouse lines of credit — 1,397 — 1,397 — 558,787 — — 558,787 0.25 Total Core Banking 3,236 27,992 341 31,569 37,456 4,142,454 2,508 26 4,182,444 0.75 Republic Processing Group: Tax Refund Solutions: Easy Advances — 13,381 — 13,381 — 22,700 — — 22,700 58.95 Other TRS loans — 149 — 149 — 570 — — 570 26.14 Republic Credit Solutions 17 12,845 — 12,862 37 92,959 — — 92,996 13.83 Total Republic Processing Group 17 26,375 — 26,392 37 116,229 — — 116,266 22.70 Total $ 3,253 $ 54,367 $ 341 $ 57,961 $ 37,493 $ 4,258,683 $ 2,508 $ 26 $ 4,298,710 1.35 % Allowance for Loan and Lease Losses Loans Individually PCI with Individually PCI with PCI without December 31, 2018 Evaluated Collectively Post-Acquisition Total Evaluated Collectively Post-Acquisition Post-Acquisition Total Allowance to (dollars in thousands) Excluding PCI Evaluated Impairment Allowance Excluding PCI Evaluated Impairment Impairment Loans Total Loans Traditional Banking: Residential real estate: Owner occupied $ 2,052 $ 3,365 $ 381 $ 5,798 $ 24,860 $ 880,500 $ 1,645 $ — $ 907,005 0.64 % Owner occupied - correspondent — 237 — 237 382 94,445 — — 94,827 0.25 Nonowner occupied 4 1,658 — 1,662 2,406 240,440 — — 242,846 0.68 Commercial real estate 294 9,727 9 10,030 8,104 1,239,915 919 2 1,248,940 0.80 Construction & land development 4 2,551 — 2,555 65 175,113 — — 175,178 1.46 Commercial & industrial 130 2,743 — 2,873 1,020 429,310 — 25 430,355 0.67 Lease financing receivables — 158 — 158 — 15,031 — — 15,031 1.05 Home equity 286 3,117 74 3,477 1,361 331,101 86 — 332,548 1.05 Consumer: Credit cards — 1,140 — 1,140 — 19,095 — — 19,095 5.97 Overdrafts — 1,102 — 1,102 — 1,102 — — 1,102 100.00 Automobile loans 91 633 — 724 91 63,384 — — 63,475 1.14 Other consumer 421 170 — 591 449 46,190 3 — 46,642 1.27 Total Traditional Banking 3,282 26,601 464 30,347 38,738 3,535,626 2,653 27 3,577,044 0.85 Warehouse lines of credit — 1,172 — 1,172 — 468,695 — — 468,695 0.25 Total Core Banking 3,282 27,773 464 31,519 38,738 4,004,321 2,653 27 4,045,739 0.78 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — — — — Other TRS loans — 107 — 107 — 13,744 — — 13,744 0.78 Republic Credit Solutions 18 13,031 — 13,049 44 88,700 — — 88,744 14.70 Total Republic Processing Group 18 13,138 — 13,156 44 102,444 — — 102,488 12.84 Total $ 3,300 $ 40,911 $ 464 $ 44,675 $ 38,782 $ 4,106,765 $ 2,653 $ 27 $ 4,148,227 1.08 % The following tables present loans individually evaluated for impairment by class of loans as of March 31, 2019 and December 31, 2018 and for the three months ended March 31, 2019 and 2018. The difference between the “Unpaid Principal Balance” and “Recorded Investment” columns represents life-to-date partial write downs/charge offs taken on individual impaired credits. As of Three Months Ended March 31, 2019 March 31, 2019 Cash Basis Unpaid Average Interest Interest Principal Recorded Allocated Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 9,903 $ 9,373 $ — $ 10,038 $ 49 $ — Owner occupied - correspondent 862 862 — 622 — — Nonowner occupied 2,251 1,802 — 2,076 20 — Commercial real estate 4,434 3,353 — 3,980 24 — Construction & land development — — — — — — Commercial & industrial 740 632 — 618 — — Lease financing receivables — — — — — — Home equity 1,326 1,283 — 1,080 5 — Consumer 27 27 — 30 — — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 17,440 16,794 2,222 16,298 146 — Owner occupied - correspondent — — — — — — Nonowner occupied — — — 28 — — Commercial real estate 4,299 4,299 302 4,358 49 — Construction & land development 63 63 2 64 — — Commercial & industrial 471 471 256 444 8 — Lease financing receivables — — — — — — Home equity 509 508 296 540 2 — Consumer 536 534 516 544 5 — Total impaired loans $ 42,861 $ 40,001 $ 3,594 $ 40,720 $ 308 $ — As of Three Months Ended December 31, 2018 March 31, 2018 Cash Basis Unpaid Average Interest Interest Principal Recorded Allocated Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 11,676 $ 10,703 $ — $ 10,580 $ 50 $ — Owner occupied - correspondent 382 382 — 192 4 — Nonowner occupied 2,729 2,350 — 2,227 22 — Commercial real estate 5,688 4,607 — 4,503 17 — Construction & land development — — — 534 5 — Commercial & industrial 712 604 — 366 3 — Lease financing receivables — — — — — — Home equity 919 876 — 828 3 — Consumer 33 33 — 39 1 — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 16,215 15,802 2,433 18,840 172 — Owner occupied - correspondent — — — — — — Nonowner occupied 78 56 4 340 3 — Commercial real estate 4,416 4,416 303 6,477 73 — Construction & land development 65 65 4 139 1 — Commercial & industrial 416 416 130 188 1 — Lease financing receivables — — — — — — Home equity 572 571 360 802 7 — Consumer 554 554 530 722 5 — Total impaired loans $ 44,455 $ 41,435 $ 3,764 $ 46,777 $ 367 $ — Troubled Debt Restructurings A TDR is a situation where, due to a borrower’s financial difficulties, the Bank grants a concession to the borrower that the Bank would not otherwise have considered. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of their debt in the foreseeable future without the modification. This evaluation is performed in accordance with the Bank’s internal underwriting policy. All TDRs are considered “Impaired,” including PCI loans subsequently restructured. The majority of the Bank’s commercial related and construction TDRs involve a restructuring of financing terms such as a reduction in the payment amount to require only interest and escrow (if required) and/or extending the maturity date of the debt. The substantial majority of the Bank’s residential real estate TDR concessions involve reducing the client’s loan payment through a rate reduction for a set period based on the borrower’s ability to service the modified loan payment. Retail loans may also be classified as TDRs due to legal modifications, such as bankruptcies. Nonaccrual loans modified as TDRs typically remain on nonaccrual status and continue to be reported as nonperforming loans for a minimum of six consecutive months. Accruing loans modified as TDRs are evaluated for nonaccrual status based on a current evaluation of the borrower’s financial condition and ability and willingness to service the modified debt. At March 31, 2019 and December 31, 2018, $8 million and $8 million of TDRs were on nonaccrual status. Detail of TDRs differentiated by loan type and accrual status follows: Troubled Debt Troubled Debt Total Restructurings on Restructurings on Troubled Debt Nonaccrual Status Accrual Status Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2019 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 59 $ 6,097 155 $ 16,821 214 $ 22,918 Commercial real estate 4 1,196 9 4,935 13 6,131 Construction & land development — — 1 63 1 63 Commercial & industrial 3 570 4 421 7 991 Consumer — — 233 419 233 419 Total troubled debt restructurings 66 $ 7,863 402 $ 22,659 468 $ 30,522 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, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 60 $ 6,378 156 $ 17,232 216 $ 23,610 Commercial real estate 3 1,203 14 6,571 17 7,774 Construction & land development — — 1 65 1 65 Commercial & industrial 2 571 3 408 5 979 Consumer — — 256 435 256 435 Total troubled debt restructurings 65 $ 8,152 430 $ 24,711 495 $ 32,863 The Bank considers a TDR to be performing to its modified terms if the loan is in accrual status and not past due 30-days-or-more as of the reporting date. A summary of the categories of TDR loan modifications outstanding and respective performance under modified terms at March 31, 2019 and December 31, 2018 follows: Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2019 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — 1 $ 970 1 $ 970 Rate reduction 142 16,318 9 816 151 17,134 Principal deferral 11 1,185 5 1,812 16 2,997 Legal modification 38 1,621 8 196 46 1,817 Total residential TDRs 191 19,124 23 3,794 214 22,918 Commercial related and construction/land development loans: Interest only payments 2 735 — — 2 735 Rate reduction 4 1,403 — — 4 1,403 Principal deferral 14 5,019 — — 14 5,019 Legal modification — — 1 28 1 28 Total commercial TDRs 20 7,157 1 28 21 7,185 Consumer loans: Rate reduction — — 1 18 1 18 Principal deferral 232 401 — — 232 401 Total consumer TDRs 232 401 1 18 233 419 Total troubled debt restructurings 443 $ 26,682 25 $ 3,840 468 $ 30,522 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, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — 1 $ 970 1 $ 970 Rate reduction 145 16,892 12 978 157 17,870 Principal deferral 11 1,171 4 1,871 15 3,042 Legal modification 35 1,500 8 228 43 1,728 Total residential TDRs 191 19,563 25 4,047 216 23,610 Commercial related and construction/land development loans: Interest only payments 2 752 — — 2 752 Rate reduction 8 2,962 — — 8 2,962 Principal deferral 12 5,076 — — 12 5,076 Legal modification — — 1 28 1 28 Total commercial TDRs 22 8,790 1 28 23 8,818 Consumer loans: Rate reduction 1 16 — — 1 16 Principal deferral 255 419 — — 255 419 Legal modification — — — — — — Total consumer TDRs 256 435 — — 256 435 Total troubled debt restructurings 469 $ 28,788 26 $ 4,075 495 $ 32,863 As of March 31, 2019 and December 31, 2018, 87% and 88% of the Bank’s TDRs were performing according to their modified terms. The Bank had provided $3 million and $3 million of specific reserve allocations to clients whose loan terms have been modified in TDRs as of March 31, 2019 and December 31, 2018. The Bank had no commitments to lend any additional material amounts to its existing TDR relationships at March 31, 2019 or December 31, 2018. A summary of the categories of TDR loan modifications by respective performance as of March 31, 2019 and 2018 that were modified during the three months ended March 31, 2019 and 2018 follows: Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2019 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Principal deferral 1 $ 33 1 $ 11 2 $ 44 Legal modification 6 159 2 83 8 242 Total residential TDRs 7 192 3 94 10 286 Commercial related and construction/land development loans: Principal deferral 2 48 — — 2 48 Total commercial TDRs 2 48 — — 2 48 Consumer loans: Legal modification — — 1 18 1 18 Total consumer TDRs — — 1 18 1 18 Total troubled debt restructurings 9 $ 240 4 $ 112 13 $ 352 Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Rate reduction — $ — 1 $ 85 1 $ 85 Principal deferral 1 1,204 1 522 2 1,726 Legal modification — — — — — — Total residential TDRs 1 1,204 2 607 3 1,811 Commercial related and construction/land development loans: Principal deferral 2 3 1 14 3 17 Total commercial TDRs 2 3 1 14 3 17 Consumer loans: Principal deferral 1 61 — — 1 61 Total consumer TDRs 1 61 — — 1 61 Total troubled debt restructurings 4 $ 1,268 3 $ 621 7 $ 1,889 The tables above are inclusive of loans that were TDRs at the end of previous periods and were re-modified, e.g., a maturity date extension during the current period. As of March 31, 2019 and 2018, 68% and 67% of the Bank’s TDRs that occurred during the first quarters of 2019 and 2018 were performing according to their modified terms. The Bank provided approximately $52,000 and $127,000 in specific reserve allocations to clients whose loan terms were modified in TDRs during the first quarters of 2019 and 2018. There was no significant change between the pre and post modification loan balances for the three months ending March 31, 2019 and 2018. The following table presents loans by class modified as troubled debt restructurings within the previous 12 months of March 31, 2019 and 2018 and for which there was a payment default during the three months ended March 31, 2019 and 2018. Three Months Ended March 31, 2019 2018 Number of Recorded Number of Recorded (dollars in thousands) Loans Investment Loans Investment Residential real estate: Owner occupied 1 $ 47 1 $ 522 Commercial & industrial — — 1 14 Home equity 2 47 — — Consumer 1 18 — — Total 4 $ 112 2 $ 536 Foreclosures The following table presents the carrying amount of foreclosed properties held as a result of the Bank obtaining physical possession of such properties: (in thousands) March 31, 2019 December 31, 2018 Residential real estate $ 216 $ 160 Total other real estate owned $ 216 $ 160 The following table presents the recorded investment in consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process according to local requirements of the applicable jurisdiction: (in thousands) March 31, 2019 December 31, 2018 Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure $ 2,776 $ 3,293 Easy Advances The Company’s TRS segment offered its EA product during the first two months of 2019 and 2018. The Company based its estimated provision for loan losses of EAs on the current year’s EA delinquency information and the prior year’s tax refund payment patterns subsequent to the first quarter. Each year, all unpaid EAs are charged off by June 30th. Information regarding EAs follows: Three Months Ended March 31, (in thousands) 2019 2018 Easy Advances originated $ 388,970 $ 430,210 Net charge to the Provision for Easy Advances 13,381 13,277 Provision to total Easy Advances originated 3.44 % 3.09 % Easy Advances net charge-offs* $ — $ 3,705 Easy Advances net charge-offs to total Easy Advances originated* — % 0.86 % * The Company amended its charge-off policy for EAs during the second half of 2018 to charge-off EAs at 111 days past due instead of 60 days past due.

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2019
DEPOSITS
DEPOSITS	5. DEPOSITS The composition of the deposit portfolio follows: (in thousands) March 31, 2019 December 31, 2018 Core Bank: Demand $ 956,269 $ 937,402 Money market accounts 750,796 717,954 Savings 194,279 187,868 Individual retirement accounts (1) 54,491 53,524 Time deposits, $250 and over(1) 92,177 84,104 Other certificates of deposit(1) 252,218 239,324 Reciprocal money market and time deposits(1)(2) 189,428 217,153 Brokered deposits(1) 9,996 9,394 Total Core Bank interest-bearing deposits 2,499,654 2,446,723 Total Core Bank noninterest-bearing deposits 1,004,151 971,422 Total Core Bank deposits 3,503,805 3,418,145 Republic Processing Group: Money market accounts 90,181 5,453 Total RPG interest-bearing deposits 90,181 5,453 Brokered prepaid card deposits 35,610 4,350 Other noninterest-bearing deposits 144,720 28,197 Total RPG noninterest-bearing deposits 180,330 32,547 Total RPG deposits 270,511 38,000 Total deposits $ 3,774,316 $ 3,456,145 (1) Includes time deposits. (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 AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	3 Months Ended
	Mar. 31, 2019
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	6. SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS Securities sold under agreements to repurchase consist of short-term excess funds from correspondent banks, repurchase agreements and overnight liabilities to deposit clients arising from the Bank’s treasury management program. While comparable to deposits in their transactional nature, these overnight liabilities to clients are in the form of repurchase agreements. Repurchase agreements collateralized by securities are treated as financings; accordingly, the securities involved with the agreements are recorded as assets and are held by a safekeeping agent and the obligations to repurchase the securities are reflected as liabilities. Should the fair value of currently pledged securities fall below the associated repurchase agreements, the Bank would be required to pledge additional securities. To mitigate the risk of under collateralization, the Bank typically pledges at least two percent more in securities than the associated repurchase agreements. All such securities are under the Bank’s control. At March 31, 2019 and December 31, 2018, all securities sold under agreements to repurchase had overnight maturities. Additional information regarding securities sold under agreements to repurchase follows: (dollars in thousands) March 31, 2019 December 31, 2018 Outstanding balance at end of period $ 173,168 $ 182,990 Weighted average interest rate at end of period 0.76 % 0.83 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 134,472 $ 110,854 Mortgage backed securities - residential 60,169 84,657 Collateralized mortgage obligations 2,884 10,136 Total securities pledged $ 197,525 $ 205,647 Three Months Ended March 31, (dollars in thousands) 2019 2018 Average outstanding balance during the period $ 231,602 $ 257,439 Average interest rate during the period % 0.33 % Maximum outstanding at any month end during the period $ 219,700 $ 215,281

RIGHT-OF-USE ASSETS AND OPERATI

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	3 Months Ended
	Mar. 31, 2019
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	7. RIGHT-OF-USE ASSETS AND OPERATNG LEASE LIABILITIES The Company adopted ASU 2016-02 Leases (Topic 842), effective January 1, 2019. The adoption of this ASU did not have a meaningful impact on the Company’s net income, earnings per share, return on average assets, or return on average equity for the three months ended March 31, 2019. ASU 2016-02 requires the Company to record on its balance sheet the assets and liabilities that arise from leases. The Company is therefore required to record as operating lease liabilities the present value of its required minimum lease payments plus any amounts probable of being owed under a residual value guarantee. Offsetting these operating lease liabilities, the Company records right-of-use assets for the underlying leased property. Prior to January 1, 2019, operating leases were not recorded on a lessee’s balance sheet in this manner. As permitted by ASU 2018-11, the Company adopted ASU 2016-02 with a cumulative-effect adjustment as of January 1, 2019. Additionally, the Company elected the following list of practical expedients upon adoption of and as permitted by ASU 2016-02: · Concerning lease classification, the Company elected not to reassess the lease classification for any expired or existing leases accounted for in accordance with ASC Topic 840. · Concerning lease identification, the Company elected not to reassess whether any expired or existing contracts, not previously classified as a lease, are, or contain, leases. · Concerning initial direct costs, the Company elected not to reassess initial direct costs for any existing leases. · The Company elected to use hindsight in determining the lease term, whether or not to purchase the underlying leased asset, and in assessing impairment in right-of-use assets. · The Company elected that all short-term leases will not be placed on the balance sheet. Short-term leases include leases that have a lease term of 12 months or less at their commencement date and do not include a purchase option that the Company is reasonably certain to exercise. Upon adoption of ASU 2016-02 on January 1, 2019, the Company was under 50 separate and distinct operating lease contracts to lease the land and/or buildings for 38 of its offices, with 15 such operating leases contracted with a related party of the Company. As of January 1, 2019, the Company recorded total operating lease liabilities of $42 million and total right-of-use assets of $40 million, primarily reflecting the present value of its expected remaining lease payments plus any residual guarantees under its operating lease contracts. In order to discount these remaining lease payments and guarantees, the Company made assumptions concerning the expected remaining lease term and the discount rate. The Company’s assumption regarding the expected remaining lease term included the fixed noncancelable term, plus all periods for which failure to renew the lease imposed a penalty on the Company, plus all periods for which the Company was reasonably certain to exercise a lease renewal option, plus all periods for which the Company was reasonably certain not to exercise a lease termination option. In determining whether it was reasonably certain to exercise a lease renewal or termination option, the Company considered its overall strategic plan and all economic and environmental circumstances connected to the leased property. Expected remaining lease terms upon adoption of ASU 2016-02 ranged from 0.75 to 18.51 years, with a weighted average remaining term of 8.60 years. The Company employed the interest rate curve published by the FHLB of Cincinnati for the FHLB’s collateralized term borrowings as of January 1, 2019 to discount its operating lease payments and guarantees, matching expected lease term to borrowing term. Discounts rates employed upon adoption of ASU 2016-02 ranged from 2.94% to 3.70%, with a weighted average rate of 3.48%. As of March 31, 2019, payments on 25 of the Company’s operating leases were considered variable because such payments were adjustable based on periodic changes in the Consumer Price Index. Prior to the release of these financial statements, the Company had executed two lease contracts which had not commenced for one of its banking centers and one of its LPOs. The estimated operating lease liabilities and offsetting right-of-use assets to be recorded for these leases totaled approximately $600,000. The following table presents information concerning the Company’s operating lease expense recorded as a noninterest expense within the category “Occupancy and equipment, net” for the three months ended March 31, 2019: Three Months Ended March 31, (dollars in thousands) 2019 Operating lease expense: Related Party: Variable lease expense $ 1,158 Fixed lease expense 23 Third Party: Variable lease expense 224 Fixed lease expense 361 Short-term lease expense 15 Total operating lease expense $ 1,781 Other information concerning operating leases: Cash paid for amounts included in the measurement of operating lease liabilities $ 1,803 The following table presents the weighted average remaining term and weighted average discount rate for the Company’s non-short-term operating leases as of March 31, 2019: March 31, 2019 Weighted average remaining term in years 8.48 Weighted average discount rate 3.48 % The following table presents a maturity schedule of the Company’s operating lease liabilities based on undiscounted cash flows, and a reconciliation of those undiscounted cash flows to the operating lease liabilities recognized on the Company’s balance sheet as of March 31, 2019: Year (in thousands) Related Party Third Party Total Remainder of 2019 $ 3,474 1,996 5,470 2020 4,590 2,575 7,165 2021 4,175 2,345 6,520 2022 3,312 1,916 5,228 2023 3,312 1,377 4,689 Thereafter 15,914 2,573 18,487 Total undiscounted cash flows $ 34,777 $ 12,782 $ 47,559 Discount applied to cash flows (5,301) (2,055) (7,356) Total discounted cash flows reported as operating lease liabilities $ 29,476 $ 10,727 $ 40,203

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	3 Months Ended
	Mar. 31, 2019
FEDERAL HOME LOAN BANK ADVANCES
FEDERAL HOME LOAN BANK ADVANCES	8. FEDERAL HOME LOAN BANK ADVANCES FHLB advances were as follows: (dollars in thousands) March 31, 2019 December 31, 2018 Overnight advances $ 270,000 $ 510,000 Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% 10,000 10,000 Fixed interest rate advances 280,000 290,000 Total FHLB advances $ 560,000 $ 810,000 Each FHLB advance is payable at its maturity date, with a prepayment penalty for fixed rate advances that are paid off earlier than maturity. FHLB advances are collateralized by a blanket pledge of eligible real estate loans. At March 31, 2019 and December 31, 2018, Republic had available borrowing capacity of $502 million and $254 million, respectively, from the FHLB. In addition to its borrowing capacity with the FHLB, Republic also had unsecured lines of credit totaling $125 million and $125 million available through various other financial institutions as of March 31, 2019 and December 31, 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 2019 (Overnight) $ 270,000 2.51 % Remainder of 2019 (Term) 100,000 1.89 2020 120,000 1.81 2021 30,000 1.93 2022 20,000 2.12 2023 20,000 2.56 Thereafter — — Total $ 560,000 2.21 % Due to their nature, the Bank considers average balance information more meaningful than period-end balances for its overnight borrowings from the FHLB. Information regarding overnight FHLB advances follows: Three Months Ended March 31, (dollars in thousands) 2019 2018 Average outstanding balance during the period $ 214,167 $ 144,899 Average interest rate during the period 2.48 % 1.44 % Maximum outstanding at any month end during the period $ 320,000 $ 560,000 The following table illustrates real estate loans pledged to collateralize advances and letters of credit with the FHLB: (in thousands) March 31, 2019 December 31, 2018 First lien, single family residential real estate $ 1,132,770 $ 1,129,588 Home equity lines of credit 304,170 311,419

OFF BALANCE SHEET RISKS, COMMIT

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	3 Months Ended
	Mar. 31, 2019
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	9. OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES The Company, in the normal course of business, is party to financial instruments with off balance sheet risk. These financial instruments primarily include commitments to extend credit and standby letters of credit. The contract or notional amounts of these instruments reflect the potential future obligations of the Company pursuant to those financial instruments. Creditworthiness for all instruments is evaluated on a case-by-case basis in accordance with the Company’s credit policies. Collateral from the client may be required based on the Company’s credit evaluation of the client and may include business assets of commercial clients, as well as personal property and real estate of individual clients or guarantors. The Company also extends binding commitments to clients and prospective clients. Such commitments assure a borrower of financing for a specified period of time at a specified rate. Additionally, the Company makes binding purchase commitments to third-party loan correspondent originators. These commitments assure that the Company will purchase a loan from such correspondent originators at a specific price for a specific period of time. The risk to the Company under such loan commitments is limited by the terms of the contracts. For example, the Company may not be obligated to advance funds if the client’s financial condition deteriorates or if the client fails to meet specific covenants. An approved but unfunded loan commitment represents a potential credit risk and a liquidity risk, since the Company’s client(s) may demand immediate cash that would require funding. In addition, unfunded loan commitments represent interest rate risk as market interest rates may rise above the rate committed to the Company’s client. Since a portion of these loan commitments normally expire unused, the total amount of outstanding commitments at any point in time may not require future funding. The following table presents the Company’s commitments, exclusive of Mortgage Banking loan commitments, for each period ended: (in thousands) March 31, 2019 December 31, 2018 Unused warehouse lines of credit $ 490,213 $ 591,305 Unused home equity lines of credit 380,012 377,277 Unused loan commitments - other 752,577 720,645 Standby letters of credit 11,318 10,642 FHLB letter of credit 10,000 10,000 Total commitments $ 1,644,120 $ 1,709,869 Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a client to a third party. The terms and risk of loss involved in issuing standby letters of credit are similar to those involved in issuing loan commitments and extending credit. In addition to credit risk, the Company also has liquidity risk associated with standby letters of credit because funding for these obligations could be required immediately. The Company does not deem this risk to be material.

FAIR VALUE

FAIR VALUE	3 Months Ended
	Mar. 31, 2019
FAIR VALUE
FAIR VALUE	10. 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 the fair value of each type of financial instrument: Available-for-sale debt securities: Except for the Bank’s private label mortgage backed security and its TRUP investment, the fair value of available-for-sale debt securities is typically determined by matrix pricing, which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). The Bank’s private label mortgage backed security remains illiquid, and as such, the Bank classifies this security as a Level 3 security in accordance with ASC Topic 820, Fair Value Measurement . Based on this determination, the Bank utilized an income valuation model (present value model) approach in determining the fair value of this security. See in this section of the filing under Footnote 2 “Investment Securities” for additional discussion regarding the Bank’s private label mortgage backed security. The Company acquired its TRUP investment in 2015 and considered the most recent bid price for the same instrument to approximate market value at March 31, 2019. 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 CRA mutual fund investment and fall within Level 1 of the fair value hierarchy. The fair value of the Company’s Freddie Mac preferred stock is determined by matrix pricing, as described above (Level 2 inputs). Mortgage loans held for sale, at fair value: The fair value of mortgage loans held for sale is determined using quoted secondary market prices. Mortgage loans held for sale are classified as Level 2 in the fair value hierarchy. Consumer loans held for sale, at fair value: From the first quarter of 2016 through the first quarter of 2018, the Bank piloted 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. The fair value for these loans is based on the discounted cash flows of the underlying loans, which are also classified as Level 3 inputs. Mortgage Banking derivatives : Mortgage Banking derivatives used in the ordinary course of business primarily consist of mandatory forward sales contracts (“forward contracts”) and interest rate lock loan commitments. The fair value of the Bank’s derivative instruments is primarily measured by obtaining pricing from broker-dealers recognized to be market participants. The pricing is derived from market observable inputs that can generally be verified and do not typically involve significant judgment by the Bank. Forward contracts and rate-lock loan commitments are classified as Level 2 in the fair value hierarchy. Interest rate swap agreements: Interest rate swaps are recorded at fair value on a recurring basis. The Company values its interest rate swaps using a third-party valuation service and classifies such valuations as Level 2. Valuations of these interest rate swaps are also received from the relevant dealer 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 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. Mortgage servicing rights: On at least a quarterly basis, MSRs are evaluated for impairment based upon the fair value of the MSRs as compared to carrying amount. If the carrying amount of an individual tranche exceeds fair value, impairment is recorded, and the respective individual tranche is carried at fair value. If the carrying amount of an individual tranche does not exceed fair value, impairment is reversed if previously recognized and the carrying value of the individual tranche is based on the amortization method. The valuation model utilizes assumptions that market participants would use in estimating future net servicing income and can generally be validated against available market data (Level 2). There were no MSR tranches carried at fair value at March 31, 2019 and December 31, 2018. Assets and liabilities measured at fair value on a recurring basis , including financial assets and liabilities for which the Bank has elected the fair value option, are summarized below: Fair Value Measurements at March 31, 2019 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 $ — $ 178,757 $ — $ 178,757 Private label mortgage backed security — — 3,659 3,659 Mortgage backed securities - residential — 163,068 — 163,068 Collateralized mortgage obligations — 71,322 — 71,322 Corporate bonds — 9,694 — 9,694 Trust preferred security — — 4,100 4,100 Total available-for-sale debt securities $ — $ 422,841 $ 7,759 $ 430,600 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 662 $ — $ 662 Community Reinvestment Act mutual fund 2,433 — — 2,433 Total equity securities with readily determinable fair value $ 2,433 $ 662 $ — $ 3,095 Mortgage loans held for sale $ — $ 11,313 $ — $ 11,313 Consumer loans held for investment — — 1,718 1,718 Rate lock loan commitments — 843 — 843 Interest rate swap agreements — 2,260 — 2,260 Financial liabilities: Mandatory forward contracts $ — $ 282 $ — $ 282 Interest rate swap agreements — 2,234 — 2,234 Fair Value Measurements at December 31, 2018 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Financial assets: Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ — $ 216,873 $ — $ 216,873 Private label mortgage backed security — — 3,712 3,712 Mortgage backed securities - residential — 169,209 — 169,209 Collateralized mortgage obligations — 72,811 — 72,811 Corporate bonds — 9,058 — 9,058 Trust preferred security — — 4,075 4,075 Total available-for-sale debt securities $ — $ 467,951 $ 7,787 $ 475,738 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 410 $ — $ 410 Community Reinvestment Act mutual fund 2,396 — — 2,396 Total equity securities with readily determinable fair value $ 2,396 $ 410 $ — $ 2,806 Mortgage loans held for sale $ — $ 8,971 $ — $ 8,971 Consumer loans held for investment — — 1,922 1,922 Rate lock loan commitments — 356 — 356 Interest rate swap agreements — 1,264 — 1,264 Financial liabilities: Mandatory forward contracts $ — $ 262 $ — $ 262 Interest rate swap agreements — 1,149 — 1,149 All transfers between levels are generally recognized at the end of each quarter. There were no transfers into or out of Level 1, 2 or 3 assets during the three months ended March 31, 2019 and 2018. 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): Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ 3,712 $ 4,449 Total gains or losses included in earnings: Net change in unrealized gain (33) (2) Recovery of actual losses previously recorded 37 38 Principal paydowns (57) (365) Balance, end of period $ 3,659 $ 4,120 The fair value of the Bank’s single private label mortgage backed security is supported by analysis prepared by an independent third party. The third party’s approach to determining fair value involved several steps: 1) detailed collateral analysis of the underlying mortgages, including consideration of geographic location, original loan-to-value and the weighted average FICO score of the borrowers; 2) collateral performance projections for each pool of mortgages underlying the security (probability of default, severity of default, and prepayment probabilities) and 3) discounted cash flow modeling. The significant unobservable inputs in the fair value measurement of the Bank’s single private label mortgage backed security are prepayment rates, probability of default and loss severity in the event of default. Significant fluctuations in any of those inputs in isolation would result in a significantly different fair value measurement. . Quantitative information about recurring Level 3 fair value measurement inputs for the Bank’s single private label mortgage backed security follows: Fair Valuation March 31, 2019 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage backed security $ 3,659 Discounted cash flow (1) Constant prepayment rate 4.5% - 5.8% (2) Probability of default 1.8% - 5.0% (3) Loss severity 50% - 75% Fair Valuation December 31, 2018 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage backed security $ 3,712 Discounted cash flow (1) Constant prepayment rate 6.5% - 8.9% (2) Probability of default 1.8% - 4.7% (3) Loss severity 50% - 75% 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): Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ 4,075 $ 3,600 Total gains or losses included in earnings: Discount accretion 10 10 Net change in unrealized gain 15 290 Balance, end of period $ 4,100 $ 3,900 The fair value of the Company’s TRUP investment is based on the most recent bid price for this instrument, as provided by a third-party broker. Mortgage Loans Held for Sale The Bank has elected the fair value option for mortgage loans held for sale. These loans are intended for sale and the Bank believes that the fair value is the best indicator of the resolution of these loans. Interest income is recorded based on the contractual terms of the loans and in accordance with Bank policy for such instruments. None of these loans were past due 90-days-or-more or on nonaccrual as of March 31, 2019 and December 31, 2018. The aggregate fair value, contractual balance, and unrealized gain were as follows: (in thousands) March 31, 2019 December 31, 2018 Aggregate fair value $ 11,313 $ 8,971 Contractual balance 11,100 8,676 Unrealized gain 213 295 The total amount of gains and losses from changes in fair value included in earnings for the three months ended March 31, 2019 and 2018 for mortgage loans held for sale are presented in the following table: Three Months Ended March 31, (in thousands) 2019 2018 Interest income $ 102 $ 72 Change in fair value (82) (9) Total included in earnings $ 20 $ 63 Consumer Loans Held for Investment RCS carries loans originated through its installment loan program at fair value. Interest income is recorded based on the contractual terms of the loan and in accordance with Bank policy for such instruments. None of these loans were past due 90-days-or-more or on nonaccrual as of March 31, 2019 and December 31, 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 installment loans: Fair Valuation March 31, 2019 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for investment $ 1,718 Discounted Cash Flows (1) Constant prepayment rate 15.0% (2) Probability of default 48.0% (3) Loss severity 24.0% Fair Valuation December 31, 2018 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for investment $ 1,922 Discounted Cash Flows (1) Constant prepayment rate 15.0% (2) Probability of default 45.0% (3) Loss severity 20.0% The aggregate fair value, contractual balance, and unrealized gain on consumer loans held for sale, at fair value, were as follows: (in thousands) March 31, 2019 December 31, 2018 Aggregate fair value $ 1,718 $ 1,922 Contractual balance 1,948 2,170 Unrealized (loss) gain (230) (248) The total amount of net gains from changes in fair value included in earnings for consumer loans held for sale, at fair value, are presented in the following table: Three Months Ended March 31, (in thousands) 2019 2018 Interest income $ 111 $ 176 Change in fair value 18 (14) Total included in earnings $ 129 $ 162 Assets measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements at March 31, 2019 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 $ — $ — $ 4,570 $ 4,570 Nonowner occupied — — 567 567 Commercial real estate — — 1,220 1,220 Commercial & industrial — — 574 574 Home equity — — 351 351 Total impaired loans* $ — $ — $ 7,282 $ 7,282 Premises $ — $ — $ 1,618 $ 1,618 Fair Value Measurements at December 31, 2018 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Consumer loans held for sale $ — $ — $ 1,249 $ 1,249 Impaired loans: Residential real estate: Owner occupied $ — $ — $ 4,708 $ 4,708 Nonowner occupied — — 1,007 1,007 Commercial real estate — — 1,255 1,255 Commercial & industrial — — 609 609 Home equity — — 356 356 Total impaired loans* $ — $ — $ 7,935 $ 7,935 Premises $ — $ — $ 1,694 $ 1,694 * The difference between the carrying value and the fair value of impaired loans measured at fair value is reconciled in a subsequent table of this Footnote. The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis : Range Fair Valuation Unobservable (Weighted March 31, 2019 (dollars in thousands) Value Technique Inputs Average) Impaired loans - residential real estate owner occupied $ 4,570 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 62% (8%) Impaired loans - residential real estate nonowner occupied $ 567 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 12% (11%) Impaired loans - commercial real estate $ 1,220 Sales comparison approach Adjustments determined for differences between comparable sales 13% - 25% (21%) Impaired loans - commercial & industrial $ 574 Sales comparison approach Adjustments determined for differences between comparable sales 3% (3%) Impaired loans - home equity $ 351 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 22% (2%) Premises $ 1,618 Sales comparison approach Adjustments determined for differences between comparable sales 30% - 73% (43%) Range Fair Valuation Unobservable (Weighted December 31, 2018 (dollars in thousands) Value Technique Inputs Average) Consumer loans held for sale $ 1,249 Sales comparison approach Adjustments determined for differences between comparable sales 6% (6%) Impaired loans - residential real estate owner occupied $ 4,708 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 62% (30%) Impaired loans - residential real estate nonowner occupied $ 1,007 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 27% (54%) Impaired loans - commercial real estate $ 123 Sales comparison approach Adjustments determined for differences between comparable sales 21% (21%) Impaired loans - commercial real estate $ 1,132 Income approach Adjustments for differences between net operating income expectations 17% (17%) Impaired loans - commercial & industrial $ 609 Sales comparison approach Adjustments determined for differences between comparable sales 3% (3%) Impaired loans - home equity $ 356 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 22% (8%) Premises $ 1,694 Sales comparison approach Adjustments determined for differences between comparable sales 27% - 72% (40%) Impaired Loans Collateral-dependent impaired loans are generally measured for impairment using the fair value for reasonable disposition of the underlying collateral. The Bank’s practice is to obtain new or updated appraisals or BPOs on the loans subject to the initial impairment review and then to evaluate the need for an update to this value on an as-necessary or possibly annual basis thereafter (depending on the market conditions impacting the value of the collateral). The Bank may discount the valuation amount as necessary for selling costs and past due real estate taxes. If a new or updated appraisal or BPO is not available at the time of a loan’s impairment review, the Bank may apply a discount to the existing value of an old valuation to reflect the property’s current estimated value if it is believed to have deteriorated in either: (i) the physical or economic aspects of the subject property or (ii) material changes in market conditions. The impairment review generally results in a partial charge-off of the loan if fair value less selling costs are below the loan’s carrying value. Impaired loans that are collateral dependent are classified within Level 3 of the fair value hierarchy when impairment is determined using the fair value method. Impaired collateral-dependent loans are as follows: (in thousands) March 31, 2019 December 31, 2018 Carrying amount of loans measured at fair value $ 6,761 $ 7,380 Estimated selling costs considered in carrying amount 881 913 Valuation allowance (360) (358) Total fair value $ 7,282 $ 7,935 Three Months Ended March 31, (in thousands) 2019 2018 Provisions on collateral-dependent, impaired loans $ 14 $ 429 Premises The Company’s Traditional Banking segment classified three of its former banking centers as held for sale as of March 31, 2019 and December 31, 2018. 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 properties held for sale were as follows: Three Months Ended March 31, (in thousands) 2019 2018 Impairment charges on premises $ 66 $ 104 The carrying amounts and estimated exit price fair values of all financial instruments follow: Fair Value Measurements at March 31, 2019: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 345,512 $ 345,512 $ — $ — $ 345,512 Available-for-sale debt securities 430,600 — 422,841 7,759 430,600 Held-to-maturity debt securities 64,623 — 65,129 — 65,129 Equity securities with readily determinable fair values 3,095 2,433 662 — 3,095 Mortgage loans held for sale, at fair value 11,313 — 11,313 — 11,313 Consumer loans held for sale, at the lower of cost or fair value 12,864 — 12,864 — 12,864 Loans, net 4,240,749 — — 4,231,349 4,231,349 Federal Home Loan Bank stock 29,965 — — — NA Accrued interest receivable 14,256 — 14,256 — 14,256 Rate lock loan commitments 843 — 843 — 843 Interest rate swap agreements 2,260 — 2,260 — 2,260 Liabilities: Noninterest-bearing deposits $ 1,184,480 — $ 1,184,480 — $ 1,184,480 Transaction deposits 2,056,556 — 2,056,556 — 2,056,556 Time deposits 533,280 — 531,373 — 531,373 Securities sold under agreements to repurchase and other short-term borrowings 173,168 — 173,168 — 173,168 Federal Home Loan Bank advances 560,000 — 556,003 — 556,003 Subordinated note 41,240 — 32,672 — 32,672 Accrued interest payable 1,620 — 1,620 — 1,620 Mandatory forward contracts 282 — 282 — 282 Interest rate swap agreements 2,234 — 2,234 — 2,234 Fair Value Measurements at December 31, 2018: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 351,474 $ 351,474 $ — $ — $ 351,474 Available-for-sale debt securities 475,738 — 467,951 7,787 475,738 Held-to-maturity debt securities 65,227 — 64,858 — 64,858 Equity securities with readily determinable fair values 2,806 2,396 410 — 2,806 Mortgage loans held for sale, at fair value 8,971 — 8,971 — 8,971 Consumer loans held for sale, at the lower of cost or fair value 12,838 — 12,838 — 12,838 Loans, net 4,103,552 — — 4,062,457 4,062,457 Federal Home Loan Bank stock 32,067 — — — NA Accrued interest receivable 13,942 — 13,942 — 13,942 Rate lock loan commitments 356 — 356 — 356 Interest rate swap agreements 1,264 — 1,264 — 1,264 Liabilities: Noninterest-bearing deposits $ 1,003,969 — $ 1,003,969 — $ 1,003,969 Transaction deposits 2,035,701 — 2,035,701 — 2,035,701 Time deposits 416,475 — 412,477 — 412,477 Securities sold under agreements to repurchase and other short-term borrowings 182,990 — 182,990 — 182,990 Federal Home Loan Bank advances 810,000 — 804,251 — 804,251 Subordinated note 41,240 — 33,724 — 33,724 Accrued interest payable 1,084 — 1,084 — 1,084 Mandatory forward contracts 262 — 262 — 262 Interest rate swap agreements 1,149 — 1,149 — 1,149

MORTGAGE BANKING ACTIVITIES

MORTGAGE BANKING ACTIVITIES	3 Months Ended
	Mar. 31, 2019
MORTGAGE BANKING ACTIVITIES
MORTGAGE BANKING ACTIVITIES	11. MORTGAGE BANKING ACTIVITIES Mortgage Banking activities primarily include residential mortgage originations and servicing. Activity for mortgage loans held for sale, at fair value, was as follows: Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ 8,971 $ 5,761 Origination of mortgage loans held for sale 40,714 29,410 Proceeds from the sale of mortgage loans held for sale (39,632) (31,452) Net gain on sale of mortgage loans held for sale 1,260 777 Balance, end of period $ 11,313 $ 4,496 The following table presents the components of Mortgage Banking income: Three Months Ended March 31, (in thousands) 2019 2018 Net gain realized on sale of mortgage loans held for sale $ 875 $ 597 Net change in fair value recognized on loans held for sale (82) (9) Net change in fair value recognized on rate lock loan commitments 487 133 Net change in fair value recognized on forward contracts (20) 56 Net gain recognized 1,260 777 Loan servicing income 601 605 Amortization of mortgage servicing rights (322) (362) Net servicing income recognized 279 243 Total Mortgage Banking income $ 1,539 $ 1,020 Activity for capitalized mortgage servicing rights was as follows: Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ 4,919 $ 5,044 Additions 338 243 Amortized to expense (322) (362) Balance, end of period $ 4,935 $ 4,925 There was no balance or activity in the valuation allowance for capitalized mortgage servicing rights for the three months ended March 31, 2019 and 2018. Other information relating to mortgage servicing rights follows: (in thousands) March 31, 2019 December 31, 2018 Fair value of mortgage servicing rights portfolio $ 8,399 $ 9,357 Monthly weighted average prepayment rate of unpaid principal balance* 202 % 160 % Discount rate 10.00 % 10.00 % Weighted average default rate 3.10 % 4.25 % Weighted average life in years 5.69 * Rates are applied to individual tranches with similar characteristics. Mortgage Banking derivatives used in the ordinary course of business primarily consist of mandatory forward sales contracts and interest rate lock loan commitments. Mandatory forward contracts represent future commitments to deliver loans at a specified price and date and are used to manage interest rate risk on loan commitments and mortgage loans held for sale. Interest rate lock loan commitments represent commitments to fund loans at a specific rate. These derivatives involve underlying items, such as interest rates, and are designed to transfer risk. Substantially all of these instruments expire within 90 days from the date of issuance. Notional amounts are amounts on which calculations and payments are based, but which do not represent credit exposure, as credit exposure is limited to the amounts required to be received or paid. Mandatory forward contracts also contain an element of risk in that the counterparties may be unable to meet the terms of such agreements. In the event the counterparties fail to deliver commitments or are unable to fulfill their obligations, the Bank could potentially incur significant additional costs by replacing the positions at then current market rates. The Bank manages its risk of exposure by limiting counterparties to those banks and institutions deemed appropriate by management and the Board of Directors. The Bank does not expect any counterparty to default on their obligations and therefore, the Bank does not expect to incur any cost related to counterparty default. The Bank is exposed to interest rate risk on loans held for sale and rate lock loan commitments. As market interest rates fluctuate, the fair value of mortgage loans held for sale and rate lock commitments will decline or increase. To offset this interest rate risk the Bank enters into derivatives, such as mandatory forward contracts to sell loans. The fair value of these mandatory forward contracts will fluctuate as market interest rates fluctuate, and the change in the value of these instruments is expected to largely, though not entirely, offset the change in fair value of loans held for sale and rate lock commitments. The objective of this activity is to minimize the exposure to losses on rate loan lock commitments and loans held for sale due to market interest rate fluctuations. The net effect of derivatives on earnings will depend on risk management activities and a variety of other factors, including: market interest rate volatility; the amount of rate lock commitments that close; the ability to fill the forward contracts before expiration; and the time period required to close and sell loans. The following table includes the notional amounts and fair values of mortgage loans held for sale and mortgage banking derivatives as of the period ends presented: March 31, 2019 December 31, 2018 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 $ 11,100 $ 11,313 $ 8,676 $ 8,971 Included in other assets: Rate lock loan commitments $ 39,002 $ 843 $ 14,788 $ 356 Included in other liabilities: Mandatory forward contracts $ 42,061 $ 282 $ 20,063 $ 262

INTEREST RATE SWAPS

INTEREST RATE SWAPS	3 Months Ended
	Mar. 31, 2019
INTEREST RATE SWAPS
INTEREST RATE SWAPS	12. 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 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: March 31, 2019 December 31, 2018 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 $ 16 $ 12 $ 58 $ 45 Interest rate swap on FHLB advance 10,000 2.33 % 3M LIBOR 12/2013 - 12/2020 10 8 57 45 Total $ 20,000 $ 26 $ 20 $ 115 $ 90 The following table reflects the total interest expense recorded on these swap transactions in the consolidated statements of income: Three Months Ended March 31, (in thousands) 2019 2018 Interest rate swap on money market deposits $ (8) $ 14 Interest rate swap on FHLB advance (11) 12 Total interest (benefit) expense on swap transactions $ (19) $ 26 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: Three Months Ended March 31, (in thousands) 2019 2018 (Gains) losses recognized in OCI on derivative (effective portion) $ (69) $ 199 Gains (losses) reclassified from OCI on derivative (effective portion) 19 (26) Gains (losses) recognized in income on derivative (ineffective portion) — — The estimated net amount of the existing losses reported in AOCI at March 31, 2019 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. A summary of the Bank’s interest rate swaps related to clients is included in the following table: March 31, 2019 December 31, 2018 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 69,896 $ 2,260 $ 26,398 $ 1,264 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed 13,652 (60) 54,718 (908) Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 83,548 $ 2,200 $ 81,116 $ 356 Offsetting interest rate swaps with institutional swap dealer Pay fixed/receive variable 83,548 (2,200) 81,116 (356) Total $ 167,096 $ — $ 162,232 $ — 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 $2 million and $0 at March 31, 2019 and December 31, 2018.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2019
EARNINGS PER SHARE
EARNINGS PER SHARE	13. EARNINGS PER SHARE The Company calculates earnings per share under the two-class method. Under the two-class method, earnings available to common shareholders for the period are allocated between Class A Common Stock and Class B Common Stock according to dividends declared (or accumulated) and participation rights in undistributed earnings. The difference in earnings per share between the two classes of common stock results from the 10% per share cash dividend premium paid on Class A Common Stock over that paid on Class B Common Stock. A reconciliation of the combined Class A and Class B Common Stock numerators and denominators of the earnings per share and diluted earnings per share computations is presented below: Three Months Ended March 31, (in thousands, except per share data) 2019 2018 Net income $ 29,516 $ 27,469 Dividends declared on Common Stock: Class A Shares (4,933) (4,517) Class B Shares (531) (494) Undistributed net income for basic earnings per share 24,052 22,458 Weighted average potential dividends on Class A shares upon exercise of dilutive options (35) (24) Undistributed net income for diluted earnings per share $ 24,017 $ 22,434 Weighted average shares outstanding: Class A Shares 18,761 18,677 Class B Shares 2,212 2,243 Effect of dilutive securities on Class A Shares outstanding 133 98 Weighted average shares outstanding including dilutive securities 21,106 21,018 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.26 $ 0.24 Undistributed earnings per share* 1.16 1.08 Total basic earnings per share - Class A Common Stock $ 1.42 $ 1.32 Class B Common Stock Per share dividends distributed $ 0.24 $ 0.22 Undistributed earnings per share* 1.05 0.99 Total basic earnings per share - Class B Common Stock $ 1.29 $ 1.21 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.26 $ 0.24 Undistributed earnings per share* 1.15 1.08 Total diluted earnings per share - Class A Common Stock $ 1.41 $ 1.32 Class B Common Stock: Per share dividends distributed $ 0.24 $ 0.22 Undistributed earnings per share* 1.04 0.98 Total diluted earnings per share - Class B Common Stock $ 1.28 $ 1.20 *To arrive at undistributed earnings per share, undistributed net income is first pro rated between Class A and Class B Common Shares, with Class A Common Shares receiving a 10% premium. The resulting pro-rated, undistributed net income for each class is then divided by the weighted average shares for each class. Stock options excluded from the detailed earnings per share calculation because their impact was antidilutive are as follows: Three Months Ended March 31, 2019 2018 Antidilutive stock options 163,000 4,500 Average antidilutive stock options 162,000 4,500

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME	3 Months Ended
	Mar. 31, 2019
OTHER COMPREHENSIVE INCOME
OTHER COMPREHENSIVE INCOME	14. OTHER COMPREHENSIVE INCOME OCI components and related tax effects were as follows: Three Months Ended March 31, (in thousands) 2019 2018 Available-for-Sale Debt Securities: Change in unrealized (loss) gain on AFS debt securities $ 3,659 $ (2,117) Adjustment for adoption of ASU 2016-01 — (428) Change in unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings (33) (2) Net unrealized (losses) gains 3,626 (2,547) Tax effect (762) 535 Net of tax 2,864 (2,012) Cash Flow Hedges: Change in fair value of derivatives used for cash flow hedges (69) 199 Reclassification amount for net derivative losses realized in income (19) 26 Net unrealized gains (88) 225 Tax effect 18 (46) Net of tax (70) 179 Total other comprehensive (loss) income components, net of tax $ 2,794 $ (1,833) The table below presents the significant amounts reclassified out of each component of AOCI: Amounts Reclassified from AOCI Affected Line Items Three Months Ended in the Consolidated March 31, (in thousands) Statements of Income 2019 2018 Cash Flow Hedges: Interest rate swap on money market deposits Interest benefit (expense) on deposits $ 8 $ (14) Interest rate swap on FHLB advance Interest benefit (expense) on FHLB advances 11 (12) Total derivative losses on cash flow hedges Total interest benefit (expense) 19 (26) Tax effect Income tax (benefit) expense (4) 5 Net of tax Net income $ 15 $ (21) The following is a summary of the AOCI balances, net of tax: 2019 (in thousands) December 31, 2018 Change March 31, 2019 Unrealized gain (loss) on AFS debt securities $ (2,165) $ 2,891 $ 726 Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings 1,078 (27) 1,051 Unrealized gain (loss) on cash flow hedges 90 (70) 20 Total unrealized (loss) gain $ (997) $ 2,794 $ 1,797 2018 (in thousands) December 31, 2017 Change March 31, 2018 Unrealized loss on AFS debt securities $ (604) $ (2,011) $ (2,615) Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings 1,093 (1) 1,092 Unrealized gain (loss) on cash flow hedges (73) 179 106 Total unrealized gain (loss) $ 416 $ (1,833) $ (1,417)

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	3 Months Ended
	Mar. 31, 2019
REVENUE FROM CONTRACTS WITH CUSTOMERS
REVENUE FROM CONTRACTS WITH CUSTOMERS	15. 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: Three Months Ended March 31, 2019 Core Banking Republic Processing Group 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) $ 41,347 $ 2,895 $ 102 $ 44,344 $ 20,438 $ 7,517 $ 27,955 $ 72,299 Noninterest income: Service charges on deposit accounts 3,293 10 — 3,303 — — — 3,303 Net refund transfer fees — — — — 17,100 — 17,100 17,100 Mortgage banking income(1) — — 1,539 1,539 — — — 1,539 Interchange fee income 2,626 — — 2,626 131 — 131 2,757 Program fees(1) — — — — 146 928 1,074 1,074 Increase in cash surrender value of BOLI(1) 382 — — 382 — — — 382 Net gains (losses) on OREO 130 — — 130 — — — 130 Other 465 — 40 505 — 627 627 1,132 Total noninterest income 6,896 10 1,579 8,485 17,377 1,555 18,932 27,417 Total net revenue $ 48,243 $ 2,905 $ 1,681 $ 52,829 $ 37,815 $ 9,072 $ 46,887 $ 99,716 Net-revenue concentration(2) 48 % 3 % 2 % 53 % 38 % 9 % 47 % 100 % Three Months Ended March 31, 2018 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income(1) $ 38,188 $ 3,591 $ 72 $ 41,851 $ 18,686 $ 7,128 $ 25,814 $ 67,665 Noninterest income: Service charges on deposit accounts 3,547 8 — 3,555 — — — 3,555 Net refund transfer fees — — — — 16,352 — 16,352 16,352 Mortgage banking income(1) — — 1,020 1,020 — — — 1,020 Interchange fee income 2,538 — — 2,538 109 20 129 2,667 Program fees(1) — — — — 59 1,637 1,696 1,696 Increase in cash surrender value of BOLI(1) 371 — — 371 — — — 371 Net gains (losses) on OREO 132 — — 132 — — — 132 Other 414 — 38 452 1,001 299 1,300 1,752 Total noninterest income 7,002 8 1,058 8,068 17,521 1,956 19,477 27,545 Total net revenue $ 45,190 $ 3,599 $ 1,130 $ 49,919 $ 36,207 $ 9,084 $ 45,291 $ 95,210 Net-revenue concentration(2) 47 % 4 % 1 % 52 % 38 % 10 % 48 % 100 % (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 – An RT is a fee-based product offered by the Bank through third-party tax preparers located throughout the United States, as well as tax-preparation software providers (collectively, the “Tax Providers”), with the Bank acting as an independent contractor of the Tax Providers. An RT allows a taxpayer to pay any applicable tax preparation and filing related fees directly from his federal or state government tax refund, with the remainder of the tax refund disbursed directly to the taxpayer. RT fees and all applicable tax preparation, transmitter, audit, and any other taxpayer authorized amounts are deducted from the tax refund by either the Bank or the Bank’s service provider and automatically forwarded to the appropriate party as authorized by the taxpayer. RT fees generally receive first priority when applying fees against the taxpayer’s refund, with the Bank’s share of RT fees generally superior to the claims of other third-party service providers, including the Tax Providers. The remainder of the refund is disbursed to the taxpayer by a Bank check printed at a tax office, direct deposit to the taxpayer’s personal bank account, loaded to a NetSpend Visa® Prepaid Card or Walmart Direct2Cash . The Company executes contracts with individual Tax Providers to offer RTs to their taxpayers. RT revenue is recognized by the Bank immediately after the taxpayer’s refund is disbursed in accordance with the RT contract with the taxpayer. 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 OREO it has acquired through loan foreclosure. Net gains/(losses) on OREO reflect both 1) the gain or loss recognized upon an executed deed and 2) mark-to-market writedowns the Company takes on its OREO inventory. The Company generally recognizes gains or losses on OREO at the time of an executed deed, although gains may be recognized over a financing period if the Company finances the sale. For financed OREO sales, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on sale, the Company adjusts the transaction price and related gain/(loss) on sale if a significant financing component is present. Mark-to-market writedowns taken by the Company during the property’s holding period are generally at least 10% per year but may be higher based on updated real estate appraisals or BPOs. Incremental expenditures to bring OREO to salable condition are generally expensed as-incurred. Capital commitment fee – The Company received and recorded a $1.0 million nonrefundable capital commitment fee during the first quarter of 2018. The fee was paid by a third party upon the Company’s completion of its contractual obligations to build the infrastructure and disburse funds for a new collaborative credit product offered to the third party’s customers through the Bank. The completion of the infrastructure and the first disbursement of funds were made for this new credit product during the first quarter of 2018. Incremental expenses incurred by the Company to fulfil its obligation under this contract were expensed as-incurred.

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2019
SEGMENT INFORMATION
SEGMENT INFORMATION	16. SEGMENT INFORMATION Reportable segments are determined by the type of products and services offered and the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business (such as banking centers and business units), which are then aggregated if operating performance, products/services, and clients are similar. As of March 31, 2019, the Company was divided into five reportable segments: Traditional Banking, Warehouse, Mortgage Banking, TRS and RCS. Management considers the first three segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last two segments collectively constitute RPG operations. The Bank’s Correspondent Lending channel and the Company’s national branchless banking platform, MemoryBank, are considered part of the Traditional Banking segment. The nature of segment operations and the primary drivers of net revenue by reportable segment are provided below: Reportable Segment: Nature of Operations: Primary Drivers of Net Revenue: Core Banking: Traditional Banking Provides traditional banking products to clients in its market footprint primarily via its network of banking centers and to clients outside of its market footprint primarily via its Digital and Correspondent Lending delivery channels. Loans, investments, and deposits. Warehouse Lending Provides short-term, revolving credit facilities to mortgage bankers across the United States. Mortgage warehouse lines of credit. Mortgage Banking Primarily originates, sells and services long-term, single family, first lien residential real estate loans primarily to clients in the Bank's market footprint. Loan sales and servicing. Republic Processing Group: Tax Refund Solutions TRS offers tax-related credit products and facilitates the receipt and payment of federal and state tax refunds through RT 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 2018 Annual Report on Form 10-K. Segment performance is evaluated using operating income. Goodwill is allocated to the Traditional Banking segment. Income taxes are generally allocated based on income before income tax expense unless specific segment allocations can be reasonably made. Transactions among reportable segments are made at carrying value. Segment information follows: Three Months Ended March 31, 2019 Core Banking Republic Processing Group 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 $ 41,347 $ 2,895 $ 102 $ 44,344 $ 20,438 $ 7,517 $ 27,955 $ 72,299 Provision for loan and lease losses 189 225 — 414 13,434 3,383 16,817 17,231 Net refund transfer fees — — — — 17,100 — 17,100 17,100 Mortgage banking income — — 1,539 1,539 — — — 1,539 Program fees — — — — 146 928 1,074 1,074 Other noninterest income 6,896 10 40 6,946 131 627 758 7,704 Total noninterest income 6,896 10 1,579 8,485 17,377 1,555 18,932 27,417 Total noninterest expense 35,550 758 1,320 37,628 7,114 767 7,881 45,509 Income before income tax expense 12,504 1,922 361 14,787 17,267 4,922 22,189 36,976 Income tax expense 1,765 433 76 2,274 4,030 1,156 5,186 7,460 Net income $ 10,739 $ 1,489 $ 285 $ 12,513 $ 13,237 $ 3,766 $ 17,003 $ 29,516 Period-end assets $ 4,471,419 $ 559,545 $ 17,087 $ 5,048,051 $ 224,485 $ 93,232 $ 317,717 $ 5,365,768 Net interest margin 3.84 % 2.84 % NM 3.76 % NM NM NM 5.66 % Net-revenue concentration* 48 % 3 % 2 % 53 % 38 % 9 % 47 % 100 % Three Months Ended March 31, 2018 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income $ 38,188 $ 3,591 $ 72 $ 41,851 $ 18,686 $ 7,128 $ 25,814 $ 67,665 Provision for loan and lease losses 939 21 — 960 13,389 2,906 16,295 17,255 Net refund transfer fees — — — — 16,352 — 16,352 16,352 Mortgage banking income — — 1,020 1,020 — — — 1,020 Program fees — — — — 59 1,637 1,696 1,696 Other noninterest income 7,002 8 38 7,048 1,110 319 1,429 8,477 Total noninterest income 7,002 8 1,058 8,068 17,521 1,956 19,477 27,545 Total noninterest expense 33,392 839 1,204 35,435 6,525 1,085 7,610 43,045 Income (loss) before income tax expense 10,859 2,739 (74) 13,524 16,293 5,093 21,386 34,910 Income tax expense (benefit) 1,772 627 (16) 2,383 3,854 1,204 5,058 7,441 Net income (loss) $ 9,087 $ 2,112 $ (58) $ 11,141 $ 12,439 $ 3,889 $ 16,328 $ 27,469 Period-end assets $ 4,344,341 $ 534,545 $ 9,864 $ 4,888,750 $ 129,395 $ 60,189 $ 189,584 $ 5,078,334 Net interest margin 3.59 % 3.21 % NM 3.55 % NM NM NM 5.50 % Net-revenue concentration* 47 % 4 % 1 % 52 % 38 % 10 % 48 % 100 % *Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2019
INCOME TAXES
INCOME TAXES	17. INCOME TAXES Changes in Kentucky Tax Law As a financial institution doing business in Kentucky, the Bank is subject to a capital-based Kentucky bank franchise tax and exempt from Kentucky corporate income tax. In March 2019, however, Kentucky enacted HB354, which will transition the Bank from the bank franchise tax to a corporate income tax beginning January 1, 2021. The current Kentucky corporate income tax rate is 5%. As of March 31, 2019, the Company recorded a deferred tax asset, net of the federal benefit, of $350,000 due to the enactment of HB354. Subsequent to quarter end, in April 2019, Kentucky enacted HB458. HB458 allows for combined filing for the Parent Company and the Bank. The Parent Company had previously filed a separate company return and generated net operating losses, for which it had maintained a valuation allowance against the related deferred tax asset. HB458 also allows for certain net operating losses to be utilized on a combined return. The Parent Company expects to file a combined return beginning in 2021 and to utilize these previously generated losses. The estimated tax benefit to reverse the valuation allowance on the deferred tax asset for these losses is expected to be approximately $794,000 and will be recorded in the second quarter of 2019.

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2019
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 and Republic Insurance Services, Inc. As used in this filing, the terms “Republic,” the “Company,” “we,” “our,” and “us” refer to Republic Bancorp, Inc., and, where the context requires, Republic Bancorp, Inc. and its subsidiaries. The term the “Bank” refers to the Company’s subsidiary bank: Republic Bank & Trust Company. The term the “Captive” refers to the Company’s insurance subsidiary: Republic Insurance Services, Inc. All significant intercompany balances and transactions are eliminated in consolidation. Republic is a financial holding company headquartered in Louisville, Kentucky. 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 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. GAAP for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. Operating results for the three months ended March 31, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019. 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, 2018. As of March 31, 2019, the Company was divided into five reportable segments: Traditional Banking, Warehouse, Mortgage Banking, TRS, and RCS. Management considers the first three segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last two segments collectively constitute RPG operations. The Bank’s Correspondent Lending channel and the Company’s national branchless banking platform, MemoryBank ® , are considered part of the Traditional Banking segment. Core Bank Traditional Banking segment — The Traditional Banking segment provides traditional banking products primarily to customers in the Company’s market footprint. As of March 31, 2019, Republic had 45 full-service banking centers and two LPOs 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 — 8*  Metropolitan Cincinnati, Ohio — 1  Metropolitan Nashville, Tennessee — 3* *Includes an 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. FHLB advances have traditionally been a significant borrowing source for the Bank. Other sources of Traditional Banking income include service charges on deposit accounts, debit and credit card interchange fee income, title insurance commissions, fees charged to clients for trust services, and increases in the cash surrender value of 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, 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. The Traditional Bank has acquired for investment single family, first lien mortgage loans that meet the Traditional Bank’s specifications through its Correspondent Lending channel. Substantially all loans purchased through the Correspondent Lending channel are purchased at a premium. Warehouse Lending segment — Through its Warehouse Lending segment, the Core Bank provides short-term, revolving credit facilities to mortgage bankers across the United States through mortgage warehouse lines of credit. These credit facilities are primarily secured by single family, first lien residential real estate loans. The credit facility enables the mortgage banking clients to close single family, first lien residential real estate loans in their own name and temporarily fund their inventory of these closed loans until the loans are sold to investors approved by the Bank. 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 FHLMC and the FNMA. 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. 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 EA tax credit product is a loan that allows a taxpayer to borrow funds as an advance of a portion of their tax refund. EA features consistent during 2018 and 2019: · Offered only during the first two months of each year; · No requirement that the taxpayer pays for another bank product, such as an RT; · Multiple funds disbursement methods, including direct deposit, prepaid card, check, or Walmart Direct2Cash ® , based on the taxpayer-customer’s election; · Repayment of the EA to the Bank is deducted from the taxpayer’s tax refund proceeds; and · If an insufficient refund to repay the EA occurs: o there is no recourse to the taxpayer, o no negative credit reporting on the taxpayer, and o no collection efforts against the taxpayer. EA features modified from 2018 to 2019: · During 2019, the taxpayer was given the option to choose from multiple loan-amount tiers, subject to underwriting, up to a maximum advance amount of $6,250. This compares to a maximum loan amount of $3,500 during 2018; · During 2018, EA fees were charged only to the Tax Providers. In 2019, the fee charged to the Tax Providers was lowered; and a direct fee to the taxpayer was charged. The APR to the taxpayer for his or her portion of the total fee equated to less than 36% for all offering tiers. The Company reports fees paid for the EA product as interest income on loans. EAs are generally repaid within three weeks after the taxpayer’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’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 by June 30 th of each year, with EAs collected during the second half of each year recorded as recoveries of previously charged off loans. 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 payment patterns. Because the substantial majority of the EA volume occurs each year before that year’s tax refund payment 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 payment patterns change materially between years. Republic Payment Solutions — 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 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 with certain services provided by Elevate Credit, Inc., its third-party servicer provider. RCS sells participation interests equal to 90% of the balances generated within three business days to a third-party special purpose entity 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 healthcare receivables product – The Bank originates healthcare-receivables products across the United States through two different third-party service providers. In one program, the Bank retains 100% of the receivables originated. In the other program, 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 piloted 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. From the fourth quarter of 2015 through the first quarter of 2018, the Bank piloted through RCS 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 a special purpose entity related to its third-party marketer/servicer and retained the remaining 10% interest. During the fourth quarter of 2018, the Bank and its third-party marketer/servicer finalized an agreement to sell 100% of the existing portfolio to an unrelated third party. The sale of the RCS credit-card portfolio receivables was settled in January 2019 and all accounts and related assets were transferred in March 2019. 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 Issued The following ASUs were issued prior to March 31, 2019 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 2016-13 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. 2019-01 Leases (Topic 842): Codification Improvements This ASU aligns fair value guidance for certain lessors with that of existing guidance (Issue 1). The ASU also requires lessors within the scope of Topic 942, Financial Services—Depository and Lending, to present all “principal payments received under leases” within investing activities (Issue 2). Finally, the ASU exempts both lessees and lessors from having to provide certain interim disclosures in the fiscal year in which a company adopts the new leases standard (Issue 3). Issue 1 and 2 January 1, 2020; Issue 3 January 1, 2019 Prospectively. Immaterial Accounting Standards Updates Adopted The following ASUs were adopted by the Company during the three months ended March 31, 2019: ASU. No. Topic Nature of Update Date Adopted Method of Adoption 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. The Company adopted this ASU on January 1, 2019 and upon adoption recorded $40 million of right-of-use lease assets and $42 million of operating lease liabilities on its balance sheet. The adoption of this ASU did not have a meaningful impact on the Company's performance metrics, including regulatory capital ratios and return on average assets. Additionally, the Company does not believe that the adoption of this ASU by its clients will have a significant impact on the Company's ability to underwrite credit when client financial statements are presented inclusive of the requirements of this ASU. See Note 7 in this section of the filing regarding disclosures by the Company to comply with this ASU. 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. See Note 7 in this section of the filing regarding disclosures by the Company to comply with this ASU. 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 elected the optional transition method permitted by this ASU, allowing the Company to adopt ASU 2016-02, effective January 1, 2019 with a cumulative-effect adjustment to the opening balance of retained earnings on January 1, 2019. 2017-12 Derivatives and Hedging (Topic 815) The amendments in this ASU make certain targeted improvements to simplify the application of hedge accounting. January 1, 2019 Prospectively. Immaterial

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2019
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 2016-13 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. 2019-01 Leases (Topic 842): Codification Improvements This ASU aligns fair value guidance for certain lessors with that of existing guidance (Issue 1). The ASU also requires lessors within the scope of Topic 942, Financial Services—Depository and Lending, to present all “principal payments received under leases” within investing activities (Issue 2). Finally, the ASU exempts both lessees and lessors from having to provide certain interim disclosures in the fiscal year in which a company adopts the new leases standard (Issue 3). Issue 1 and 2 January 1, 2020; Issue 3 January 1, 2019 Prospectively. Immaterial Accounting Standards Updates Adopted The following ASUs were adopted by the Company during the three months ended March 31, 2019: ASU. No. Topic Nature of Update Date Adopted Method of Adoption 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. The Company adopted this ASU on January 1, 2019 and upon adoption recorded $40 million of right-of-use lease assets and $42 million of operating lease liabilities on its balance sheet. The adoption of this ASU did not have a meaningful impact on the Company's performance metrics, including regulatory capital ratios and return on average assets. Additionally, the Company does not believe that the adoption of this ASU by its clients will have a significant impact on the Company's ability to underwrite credit when client financial statements are presented inclusive of the requirements of this ASU. See Note 7 in this section of the filing regarding disclosures by the Company to comply with this ASU. 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. See Note 7 in this section of the filing regarding disclosures by the Company to comply with this ASU. 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 elected the optional transition method permitted by this ASU, allowing the Company to adopt ASU 2016-02, effective January 1, 2019 with a cumulative-effect adjustment to the opening balance of retained earnings on January 1, 2019. 2017-12 Derivatives and Hedging (Topic 815) The amendments in this ASU make certain targeted improvements to simplify the application of hedge accounting. January 1, 2019 Prospectively. Immaterial

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2019
INVESTMENT SECURITIES
Schedule of gross amortized cost and fair value of available-for-sale debt securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income	Gross Gross Amortized Unrealized Unrealized Fair March 31, 2019 (in thousands) Cost Gains Losses Value U.S. Treasury securities and U.S. Government agencies $ 179,505 $ 56 $ (804) $ 178,757 Private label mortgage backed security 2,328 1,331 — 3,659 Mortgage backed securities - residential 161,233 2,368 (533) 163,068 Collateralized mortgage obligations 71,742 257 (677) 71,322 Corporate bonds 10,000 — (306) 9,694 Trust preferred security 3,543 557 — 4,100 Total available-for-sale debt securities $ 428,351 $ 4,569 $ (2,320) $ 430,600 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2018 (in thousands) Cost Gains Losses Value U.S. Treasury securities and U.S. Government agencies $ 218,502 $ 25 $ (1,654) $ 216,873 Private label mortgage backed security 2,348 1,364 — 3,712 Mortgage backed securities - residential 168,992 1,470 (1,253) 169,209 Collateralized mortgage obligations 73,740 222 (1,151) 72,811 Corporate bonds 10,000 — (942) 9,058 Trust preferred security 3,533 542 — 4,075 Total available-for-sale debt securities $ 477,115 $ 3,623 $ (5,000) $ 475,738
Schedule of carrying value, gross unrecognized gains and losses, and fair value of held-to-maturity debt securities	Gross Gross Carrying Unrecognized Unrecognized Fair March 31, 2019 (in thousands) Value Gains Losses Value Mortgage backed securities - residential $ 130 $ 8 $ — $ 138 Collateralized mortgage obligations 18,947 161 (20) 19,088 Corporate bonds 45,083 413 (50) 45,446 Obligations of state and political subdivisions 463 — (6) 457 Total held-to-maturity debt securities $ 64,623 $ 582 $ (76) $ 65,129 Gross Gross Carrying Unrecognized Unrecognized Fair December 31, 2018 (in thousands) Value Gains Losses Value Mortgage backed securities - residential $ 132 $ 8 $ — $ 140 Collateralized mortgage obligations 19,544 178 (46) 19,676 Corporate bonds 45,088 16 (514) 44,590 Obligations of state and political subdivisions 463 — (11) 452 Total held-to-maturity debt securities $ 65,227 $ 202 $ (571) $ 64,858
Schedule of amortized cost and fair value of debt securities by contractual maturity	Available-for-Sale Held-to-Maturity Debt Securities Debt Securities Amortized Fair Carrying Fair March 31, 2019 (in thousands) Cost Value Value Value Due in one year or less $ 64,780 $ 64,360 $ 75 $ 75 Due from one year to five years 124,725 124,091 40,529 40,936 Due from five years to ten years — — 4,942 4,892 Due beyond ten years 3,543 4,100 — — Private label mortgage backed security 2,328 3,659 — — Mortgage backed securities - residential 161,233 163,068 130 138 Collateralized mortgage obligations 71,742 71,322 18,947 19,088 Total debt securities $ 428,351 $ 430,600 $ 64,623 $ 65,129
Schedule of debt securities with unrealized losses	Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized March 31, 2019 (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 $ 19,740 $ (116) $ 98,962 $ (688) $ 118,702 $ (804) Mortgage backed securities - residential — — 51,604 (533) 51,604 (533) Collateralized mortgage obligations 4,336 (5) 33,477 (672) 37,813 (677) Corporate bonds 9,694 (306) — — 9,694 (306) Total available-for-sale debt securities $ 33,770 $ (427) $ 184,043 $ (1,893) $ 217,813 $ (2,320) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 2018 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ 71,627 $ (598) $ 106,136 $ (1,056) $ 177,763 $ (1,654) Mortgage backed securities - residential 43,691 (484) 32,003 (769) 75,694 (1,253) Collateralized mortgage obligations 16,487 (473) 31,071 (678) 47,558 (1,151) Corporate bonds 9,058 (942) — — 9,058 (942) Total available-for-sale debt securities $ 140,863 $ (2,497) $ 169,210 $ (2,503) $ 310,073 $ (5,000) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized March 31, 2019 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Held-to-maturity debt securities: Collateralized mortgage obligations $ — $ — $ 5,393 $ (20) $ 5,393 $ (20) Corporate bonds 4,892 (50) — — 4,892 (50) Obligations of state and political subdivisions — — 457 (6) 457 (6) Total held-to-maturity debt securities: $ 4,892 $ (50) $ 5,850 $ (26) $ 10,742 $ (76) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 2018 (in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Held-to-maturity debt securities: Collateralized mortgage obligations $ — $ — $ 5,539 $ (46) $ 5,539 $ (46) Corporate bonds 39,499 (514) — — 39,499 (514) Obligations of state and political subdivisions 105 (1) 347 (10) 452 (11) Total held-to-maturity debt securities: $ 39,604 $ (515) $ 5,886 $ (56) $ 45,490 $ (571)
Schedule of pledged investment securities	(in thousands) March 31, 2019 December 31, 2018 Carrying amount $ 228,310 $ 240,590 Fair value 228,414 240,700
Schedule of carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values	Gross Gross Amortized Unrealized Unrealized Fair March 31, 2019 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 662 $ — $ 662 Community Reinvestment Act mutual fund 2,500 — (67) 2,433 Total equity securities with readily determinable fair values $ 2,500 $ 662 $ (67) $ 3,095 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2018 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 410 $ — $ 410 Community Reinvestment Act mutual fund 2,500 — (104) 2,396 Total equity securities with readily determinable fair values $ 2,500 $ 410 $ (104) $ 2,806
Schedule of equity securities with readily determinable fair values, the gross realized and unrealized gains and losses recognized in the Company’s consolidated statements of income	Three Months Ended March 31, 2019 Gains (Losses) Recognized on Equity Securities (in thousands) Realized Unrealized Total Freddie Mac preferred stock $ — $ 252 $ 252 Community Reinvestment Act mutual fund — 37 37 Total equity securities with readily determinable fair value $ — $ 289 $ 289 Three Months Ended March 31, 2018 Gains (Losses) Recognized on Equity Securities (in thousands) Realized Unrealized Total Freddie Mac preferred stock $ — $ (145) $ (145) Community Reinvestment Act mutual fund — (37) (37) Total equity securities with readily determinable fair value $ — $ (182) $ (182)

LOANS HELD FOR SALE (Tables)

LOANS HELD FOR SALE (Tables)	3 Months Ended
	Mar. 31, 2019
LOANS HELD FOR SALE.
Schedule of activity of consumer loans held for sale and carried at lower of cost or fair value	Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ 12,838 $ 8,551 Origination of consumer loans held for sale 146,087 154,057 Proceeds from the sale of consumer loans held for sale (147,466) (156,802) Net gain on sale of consumer loans held for sale 1,405 1,574 Balance, end of period $ 12,864 $ 7,380

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	3 Months Ended
	Mar. 31, 2019
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES
Schedule of composition of loan portfolio	(in thousands) March 31, 2019 December 31, 2018 Traditional Banking: Residential real estate: Owner occupied $ 906,330 $ 907,005 Owner occupied - correspondent* 88,776 94,827 Nonowner occupied 251,876 242,846 Commercial real estate 1,277,201 1,248,940 Construction & land development 168,579 175,178 Commercial & industrial 456,707 430,355 Lease financing receivables 14,292 15,031 Home equity 323,695 332,548 Consumer: Credit cards 18,073 19,095 Overdrafts 892 1,102 Automobile loans 65,960 63,475 Other consumer 51,276 46,642 Total Traditional Banking 3,623,657 3,577,044 Warehouse lines of credit* 558,787 468,695 Total Core Banking 4,182,444 4,045,739 Republic Processing Group*: Tax Refund Solutions: Easy Advances 22,700 — Other TRS loans 570 13,744 Republic Credit Solutions 92,996 88,744 Total Republic Processing Group 116,266 102,488 Total loans** 4,298,710 4,148,227 Allowance for loan and lease losses (57,961) (44,675) Total loans, net $ 4,240,749 $ 4,103,552 *Identifies loans to borrowers located primarily outside of the Bank’s market footprint. ** Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs. See table directly below for expanded detail.
Schedule that reconciles the contractually receivable and carrying amounts of loans	(in thousands) March 31, 2019 December 31, 2018 Contractually receivable $ 4,297,610 $ 4,147,249 Unearned income(1) (1,134) (1,038) Unamortized premiums(2) 553 588 Unaccreted discounts(3) (3,143) (3,174) Net unamortized deferred origination fees and costs(4) 4,824 4,602 Carrying value of loans $ 4,298,710 $ 4,148,227 (1) Unearned income relates to lease financing receivables. (2) Unamortized premiums predominately relate to loans acquired through the Bank’s Correspondent Lending channel. (3) Unaccreted discounts include accretable and non-accretable discounts and relate to loans acquired in the Bank’s 2016 Cornerstone acquisition and its 2012 FDIC-assisted transactions. (4) Primarily attributable to the Traditional Banking segment.
Reconciliation of contractually-required and carrying amounts of PCI loans	(in thousands) March 31, 2019 December 31, 2018 Contractually required principal $ 3,989 $ 4,251 Non-accretable amount (1,405) (1,521) Accretable amount (50) (50) Carrying value of loans $ 2,534 $ 2,680
Rollforward of the accretable amount on PCI loans	Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ (50) $ (140) Transfers between non-accretable and accretable* (116) — Net accretion into interest income on loans, including loan fees 116 — Balance, end of period $ (50) $ (140) * Transfers are primarily attributable to changes in estimated cash flows of the underlying loans.
Schedule of the risk category of loans by class of loans based on the bank's internal analysis performed	March 31, 2019 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 $ — $ 14,080 $ 11,775 $ — $ 167 $ 1,429 $ 27,451 Owner occupied - correspondent — — 862 — — — 862 Nonowner occupied — 943 1,358 — — — 2,301 Commercial real estate 1,267,077 6,450 2,775 — 899 — 1,277,201 Construction & land development 168,516 — 63 — — — 168,579 Commercial & industrial 454,712 1,284 687 — 24 — 456,707 Lease financing receivables 14,292 — — — — — 14,292 Home equity — — 1,779 — 5 7 1,791 Consumer: Credit cards — — — — — — — Overdrafts — — — — — — — Automobile loans — — 115 — — — 115 Other consumer — — 411 — — 3 414 Total Traditional Banking 1,904,597 22,757 19,825 — 1,095 1,439 1,949,713 Warehouse lines of credit 558,787 — — — — — 558,787 Total Core Banking 2,463,384 22,757 19,825 — 1,095 1,439 2,508,500 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — Other TRS loans — — 3 — — — 3 Republic Credit Solutions — — 69 — — — 69 Total Republic Processing Group — — 72 — — — 72 Total rated loans $ 2,463,384 $ 22,757 $ 19,897 $ — $ 1,095 $ 1,439 $ 2,508,572 December 31, 2018 Special Doubtful / PCI Loans - PCI Loans - Total Rated (in thousands) Pass Mention Substandard Loss Group 1 Substandard Loans* Traditional Banking: Residential real estate: Owner occupied $ — $ 14,536 $ 11,690 $ — $ 170 $ 1,476 $ 27,872 Owner occupied - correspondent — — 382 — — — 382 Nonowner occupied — 575 1,889 — — — 2,464 Commercial real estate 1,239,576 5,281 3,162 — 921 — 1,248,940 Construction & land development 175,113 — 65 — — — 175,178 Commercial & industrial 428,897 813 620 — 25 — 430,355 Lease financing receivables 15,031 — — — — — 15,031 Home equity — — 1,361 — 5 81 1,447 Consumer: Credit cards — — — — — — — Overdrafts — — — — — — — Automobile loans — — 91 — — — 91 Other consumer — — 462 — — 2 464 Total Traditional Banking 1,858,617 21,205 19,722 — 1,121 1,559 1,902,224 Warehouse lines of credit 468,695 — — — — — 468,695 Total Core Banking 2,327,312 21,205 19,722 — 1,121 1,559 2,370,919 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — Other TRS loans — — — — — — — Republic Credit Solutions — — 138 — — — 138 Total Republic Processing Group — — 138 — — — 138 Total rated loans $ 2,327,312 $ 21,205 $ 19,860 $ — $ 1,121 $ 1,559 $ 2,371,057 *The above tables exclude all non-classified residential real estate, home equity and consumer loans at the respective period ends.
Schedule of activity in the allowance for loan and lease losses	Allowance Rollforward Three Months Ended March 31, 2019 2018 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 $ 5,798 $ (240) $ (17) $ 38 $ 5,579 $ 6,182 $ — $ (215) $ 21 $ 5,988 Owner occupied - correspondent 237 (15) — — 222 292 (14) — — 278 Nonowner occupied 1,662 130 (72) — 1,720 1,396 165 (121) 21 1,461 Commercial real estate 10,030 203 — 2 10,235 9,043 292 — 125 9,460 Construction & land development 2,555 (112) — — 2,443 2,364 354 — 2 2,720 Commercial & industrial 2,873 360 — 2 3,235 2,198 126 (108) 31 2,247 Lease financing receivables 158 (8) — — 150 174 (9) — — 165 Home equity 3,477 (157) (13) 30 3,337 3,754 (111) — 26 3,669 Consumer: Credit cards 1,140 65 (150) 24 1,079 607 235 (93) 7 756 Overdrafts 1,102 19 (294) 65 892 974 17 (289) 89 791 Automobile loans 724 38 — 6 768 687 19 — — 706 Other consumer 591 (94) (66) 81 512 1,162 (135) (120) 83 990 Total Traditional Banking 30,347 189 (612) 248 30,172 28,833 939 (946) 405 29,231 Warehouse lines of credit 1,172 225 — — 1,397 1,314 21 — — 1,335 Total Core Banking 31,519 414 (612) 248 31,569 30,147 960 (946) 405 30,566 Republic Processing Group: Tax Refund Solutions: Easy Advances — 13,381 — — 13,381 — 13,277 (3,705) — 9,572 Other TRS loans 107 53 (17) 6 149 12 112 — 1 125 Republic Credit Solutions 13,049 3,383 (3,824) 254 12,862 12,610 2,906 (3,696) 258 12,078 Total Republic Processing Group 13,156 16,817 (3,841) 260 26,392 12,622 16,295 (7,401) 259 21,775 Total $ 44,675 $ 17,231 $ (4,453) $ 508 $ 57,961 $ 42,769 $ 17,255 $ (8,347) $ 664 $ 52,341
Schedule of non-performing loans and non-performing assets and select credit quality ratios	(dollars in thousands) March 31, 2019 December 31, 2018 Loans on nonaccrual status* $ 15,361 $ 15,993 Loans past due 90-days-or-more and still on accrual** 199 145 Total nonperforming loans 15,560 16,138 Other real estate owned 216 160 Total nonperforming assets $ 15,776 $ 16,298 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.36 % 0.39 % Nonperforming assets to total loans (including OREO) 0.37 0.39 Nonperforming assets to total assets 0.29 0.31 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.37 % 0.40 % Nonperforming assets to total loans (including OREO) 0.37 0.40 Nonperforming assets to total assets 0.31 0.32 *Loans on nonaccrual status include impaired loans. **Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans.
Schedule of recorded investment in non-accrual loans and loans past due over 90-days-or-more and still on accrual by class of loans	Past Due 90-Days-or-More Nonaccrual and Still Accruing Interest* (in thousands) March 31, 2019 December 31, 2018 March 31, 2019 December 31, 2018 Traditional Banking: Residential real estate: Owner occupied $ 9,742 $ 10,800 $ — $ — Owner occupied - correspondent 862 382 — — Nonowner occupied 467 669 — — Commercial real estate 1,970 2,318 — — Construction & land development 219 — — — Commercial & industrial 666 630 — — Lease financing receivables — — — — Home equity 1,356 1,095 — — Consumer: Credit cards — — — — Overdrafts — — — — Automobile loans 61 75 — — Other consumer 18 24 4 13 Total Traditional Banking 15,361 15,993 4 13 Warehouse lines of credit — — — — Total Core Banking 15,361 15,993 4 13 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — Other TRS loans — — 3 4 Republic Credit Solutions — — 192 128 Total Republic Processing Group — — 195 132 Total $ 15,361 $ 15,993 $ 199 $ 145 * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans.
Schedule of aging of the recorded investment in loans by class of loans	30 - 59 60 - 89 90 or More March 31, 2019 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent** Current Total Traditional Banking: Residential real estate: Owner occupied $ 1,205 $ 404 $ 3,402 $ 5,011 $ 901,319 $ 906,330 Owner occupied - correspondent 484 — — 484 88,292 88,776 Nonowner occupied — — 460 460 251,416 251,876 Commercial real estate 28 60 329 417 1,276,784 1,277,201 Construction & land development — 219 — 219 168,360 168,579 Commercial & industrial 73 96 — 169 456,538 456,707 Lease financing receivables — — — — 14,292 14,292 Home equity 368 — 260 628 323,067 323,695 Consumer: Credit cards 28 44 — 72 18,001 18,073 Overdrafts 203 1 1 205 687 892 Automobile loans 35 — — 35 65,925 65,960 Other consumer 19 4 4 27 51,249 51,276 Total Traditional Banking 2,443 828 4,456 7,727 3,615,930 3,623,657 Warehouse lines of credit — — — — 558,787 558,787 Total Core Banking 2,443 828 4,456 7,727 4,174,717 4,182,444 Republic Processing Group: Tax Refund Solutions: Easy Advances 19,100 — — 19,100 3,600 22,700 Other TRS loans 5 3 3 11 559 570 Republic Credit Solutions 5,092 2,064 193 7,349 85,647 92,996 Total Republic Processing Group 24,197 2,067 196 26,460 89,806 116,266 Total $ 26,640 $ 2,895 $ 4,652 $ 34,187 $ 4,264,523 $ 4,298,710 Delinquency ratio*** 0.62 % 0.07 % 0.11 % 0.80 % * All loans past due 90-days-or-more, excluding small balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. EAs do not have a contractual due date but the Company considers an EA delinquent if it remains unpaid three weeks after the taxpayer’s tax return is submitted to the applicable taxing authority. *** Represents total loans 30-days-or-more past due by aging category divided by total loans. 30 - 59 60 - 89 90 or More December 31, 2018 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent** Current Total Traditional Banking: Residential real estate: Owner occupied $ 1,137 $ 748 $ 3,640 $ 5,525 $ 901,480 $ 907,005 Owner occupied - correspondent — — — — 94,827 94,827 Nonowner occupied 349 — 659 1,008 241,838 242,846 Commercial real estate 511 — 588 1,099 1,247,841 1,248,940 Construction & land development — — — — 175,178 175,178 Commercial & industrial — — 25 25 430,330 430,355 Lease financing receivables — — — — 15,031 15,031 Home equity 558 — 226 784 331,764 332,548 Consumer: Credit cards 82 46 1 129 18,966 19,095 Overdrafts 223 5 2 230 872 1,102 Automobile loans — 28 — 28 63,447 63,475 Other consumer 27 7 13 47 46,595 46,642 Total Traditional Banking 2,887 834 5,154 8,875 3,568,169 3,577,044 Warehouse lines of credit — — — — 468,695 468,695 Total Core Banking 2,887 834 5,154 8,875 4,036,864 4,045,739 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — Other TRS loans 2 4 4 10 13,734 13,744 Republic Credit Solutions 5,734 1,215 128 7,077 81,667 88,744 Total Republic Processing Group 5,736 1,219 132 7,087 95,401 102,488 Total $ 8,623 $ 2,053 $ 5,286 $ 15,962 $ 4,132,265 $ 4,148,227 Delinquency ratio*** 0.21 % 0.05 % 0.13 % 0.38 % * All loans past due 90-days-or-more, excluding smaller balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. *** Represents total loans 30-days-or-more past due by aging category divided by total loans.
Schedule of Bank's impaired loans	(in thousands) March 31, 2019 December 31, 2018 Loans with no allocated Allowance $ 17,332 $ 19,555 Loans with allocated Allowance 22,669 21,880 Total recorded investment in impaired loans $ 40,001 $ 41,435 Amount of the allocated Allowance $ 3,594 $ 3,764
Schedule of balance in the Allowance and the recorded investment in loans by portfolio class based on impairment method	Allowance for Loan and Lease Losses Loans Individually PCI with Individually PCI with PCI without March 31, 2019 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 $ 1,890 $ 3,357 $ 332 $ 5,579 $ 24,570 $ 880,163 $ 1,597 $ — $ 906,330 0.62 % Owner occupied - correspondent — 222 — 222 862 87,914 — — 88,776 0.25 Nonowner occupied — 1,720 — 1,720 1,802 250,074 — — 251,876 0.68 Commercial real estate 293 9,933 9 10,235 6,755 1,269,547 897 2 1,277,201 0.80 Construction & land development 2 2,441 — 2,443 63 168,516 — — 168,579 1.45 Commercial & industrial 256 2,979 — 3,235 1,103 455,580 — 24 456,707 0.71 Lease financing receivables — 150 — 150 — 14,292 — — 14,292 1.05 Home equity 296 3,041 — 3,337 1,779 321,904 12 — 323,695 1.03 Consumer: Credit cards — 1,079 — 1,079 — 18,073 — — 18,073 5.97 Overdrafts — 892 — 892 — 892 — — 892 100.00 Automobile loans 115 653 — 768 115 65,845 — — 65,960 1.16 Other consumer 384 128 — 512 407 50,867 2 — 51,276 1.00 Total Traditional Banking 3,236 26,595 341 30,172 37,456 3,583,667 2,508 26 3,623,657 0.83 Warehouse lines of credit — 1,397 — 1,397 — 558,787 — — 558,787 0.25 Total Core Banking 3,236 27,992 341 31,569 37,456 4,142,454 2,508 26 4,182,444 0.75 Republic Processing Group: Tax Refund Solutions: Easy Advances — 13,381 — 13,381 — 22,700 — — 22,700 58.95 Other TRS loans — 149 — 149 — 570 — — 570 26.14 Republic Credit Solutions 17 12,845 — 12,862 37 92,959 — — 92,996 13.83 Total Republic Processing Group 17 26,375 — 26,392 37 116,229 — — 116,266 22.70 Total $ 3,253 $ 54,367 $ 341 $ 57,961 $ 37,493 $ 4,258,683 $ 2,508 $ 26 $ 4,298,710 1.35 % Allowance for Loan and Lease Losses Loans Individually PCI with Individually PCI with PCI without December 31, 2018 Evaluated Collectively Post-Acquisition Total Evaluated Collectively Post-Acquisition Post-Acquisition Total Allowance to (dollars in thousands) Excluding PCI Evaluated Impairment Allowance Excluding PCI Evaluated Impairment Impairment Loans Total Loans Traditional Banking: Residential real estate: Owner occupied $ 2,052 $ 3,365 $ 381 $ 5,798 $ 24,860 $ 880,500 $ 1,645 $ — $ 907,005 0.64 % Owner occupied - correspondent — 237 — 237 382 94,445 — — 94,827 0.25 Nonowner occupied 4 1,658 — 1,662 2,406 240,440 — — 242,846 0.68 Commercial real estate 294 9,727 9 10,030 8,104 1,239,915 919 2 1,248,940 0.80 Construction & land development 4 2,551 — 2,555 65 175,113 — — 175,178 1.46 Commercial & industrial 130 2,743 — 2,873 1,020 429,310 — 25 430,355 0.67 Lease financing receivables — 158 — 158 — 15,031 — — 15,031 1.05 Home equity 286 3,117 74 3,477 1,361 331,101 86 — 332,548 1.05 Consumer: Credit cards — 1,140 — 1,140 — 19,095 — — 19,095 5.97 Overdrafts — 1,102 — 1,102 — 1,102 — — 1,102 100.00 Automobile loans 91 633 — 724 91 63,384 — — 63,475 1.14 Other consumer 421 170 — 591 449 46,190 3 — 46,642 1.27 Total Traditional Banking 3,282 26,601 464 30,347 38,738 3,535,626 2,653 27 3,577,044 0.85 Warehouse lines of credit — 1,172 — 1,172 — 468,695 — — 468,695 0.25 Total Core Banking 3,282 27,773 464 31,519 38,738 4,004,321 2,653 27 4,045,739 0.78 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — — — — — Other TRS loans — 107 — 107 — 13,744 — — 13,744 0.78 Republic Credit Solutions 18 13,031 — 13,049 44 88,700 — — 88,744 14.70 Total Republic Processing Group 18 13,138 — 13,156 44 102,444 — — 102,488 12.84 Total $ 3,300 $ 40,911 $ 464 $ 44,675 $ 38,782 $ 4,106,765 $ 2,653 $ 27 $ 4,148,227 1.08 %
Schedule of loans individually evaluated for impairment by class of loans	As of Three Months Ended March 31, 2019 March 31, 2019 Cash Basis Unpaid Average Interest Interest Principal Recorded Allocated Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 9,903 $ 9,373 $ — $ 10,038 $ 49 $ — Owner occupied - correspondent 862 862 — 622 — — Nonowner occupied 2,251 1,802 — 2,076 20 — Commercial real estate 4,434 3,353 — 3,980 24 — Construction & land development — — — — — — Commercial & industrial 740 632 — 618 — — Lease financing receivables — — — — — — Home equity 1,326 1,283 — 1,080 5 — Consumer 27 27 — 30 — — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 17,440 16,794 2,222 16,298 146 — Owner occupied - correspondent — — — — — — Nonowner occupied — — — 28 — — Commercial real estate 4,299 4,299 302 4,358 49 — Construction & land development 63 63 2 64 — — Commercial & industrial 471 471 256 444 8 — Lease financing receivables — — — — — — Home equity 509 508 296 540 2 — Consumer 536 534 516 544 5 — Total impaired loans $ 42,861 $ 40,001 $ 3,594 $ 40,720 $ 308 $ — As of Three Months Ended December 31, 2018 March 31, 2018 Cash Basis Unpaid Average Interest Interest Principal Recorded Allocated Recorded Income Income (in thousands) Balance Investment Allowance Investment Recognized Recognized Impaired loans with no allocated Allowance: Residential real estate: Owner occupied $ 11,676 $ 10,703 $ — $ 10,580 $ 50 $ — Owner occupied - correspondent 382 382 — 192 4 — Nonowner occupied 2,729 2,350 — 2,227 22 — Commercial real estate 5,688 4,607 — 4,503 17 — Construction & land development — — — 534 5 — Commercial & industrial 712 604 — 366 3 — Lease financing receivables — — — — — — Home equity 919 876 — 828 3 — Consumer 33 33 — 39 1 — Impaired loans with allocated Allowance: Residential real estate: Owner occupied 16,215 15,802 2,433 18,840 172 — Owner occupied - correspondent — — — — — — Nonowner occupied 78 56 4 340 3 — Commercial real estate 4,416 4,416 303 6,477 73 — Construction & land development 65 65 4 139 1 — Commercial & industrial 416 416 130 188 1 — Lease financing receivables — — — — — — Home equity 572 571 360 802 7 — Consumer 554 554 530 722 5 — Total impaired loans $ 44,455 $ 41,435 $ 3,764 $ 46,777 $ 367 $ —
Schedule of TDRs differentiated by loan type and accrual status	Troubled Debt Troubled Debt Total Restructurings on Restructurings on Troubled Debt Nonaccrual Status Accrual Status Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2019 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 59 $ 6,097 155 $ 16,821 214 $ 22,918 Commercial real estate 4 1,196 9 4,935 13 6,131 Construction & land development — — 1 63 1 63 Commercial & industrial 3 570 4 421 7 991 Consumer — — 233 419 233 419 Total troubled debt restructurings 66 $ 7,863 402 $ 22,659 468 $ 30,522 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, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 60 $ 6,378 156 $ 17,232 216 $ 23,610 Commercial real estate 3 1,203 14 6,571 17 7,774 Construction & land development — — 1 65 1 65 Commercial & industrial 2 571 3 408 5 979 Consumer — — 256 435 256 435 Total troubled debt restructurings 65 $ 8,152 430 $ 24,711 495 $ 32,863
Schedule of categories of TDR loan modifications outstanding and respective performance under modified terms	Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2019 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — 1 $ 970 1 $ 970 Rate reduction 142 16,318 9 816 151 17,134 Principal deferral 11 1,185 5 1,812 16 2,997 Legal modification 38 1,621 8 196 46 1,817 Total residential TDRs 191 19,124 23 3,794 214 22,918 Commercial related and construction/land development loans: Interest only payments 2 735 — — 2 735 Rate reduction 4 1,403 — — 4 1,403 Principal deferral 14 5,019 — — 14 5,019 Legal modification — — 1 28 1 28 Total commercial TDRs 20 7,157 1 28 21 7,185 Consumer loans: Rate reduction — — 1 18 1 18 Principal deferral 232 401 — — 232 401 Total consumer TDRs 232 401 1 18 233 419 Total troubled debt restructurings 443 $ 26,682 25 $ 3,840 468 $ 30,522 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, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — $ — 1 $ 970 1 $ 970 Rate reduction 145 16,892 12 978 157 17,870 Principal deferral 11 1,171 4 1,871 15 3,042 Legal modification 35 1,500 8 228 43 1,728 Total residential TDRs 191 19,563 25 4,047 216 23,610 Commercial related and construction/land development loans: Interest only payments 2 752 — — 2 752 Rate reduction 8 2,962 — — 8 2,962 Principal deferral 12 5,076 — — 12 5,076 Legal modification — — 1 28 1 28 Total commercial TDRs 22 8,790 1 28 23 8,818 Consumer loans: Rate reduction 1 16 — — 1 16 Principal deferral 255 419 — — 255 419 Legal modification — — — — — — Total consumer TDRs 256 435 — — 256 435 Total troubled debt restructurings 469 $ 28,788 26 $ 4,075 495 $ 32,863
Summary of categories of TDR loan modifications that occurred during the period	Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2019 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Principal deferral 1 $ 33 1 $ 11 2 $ 44 Legal modification 6 159 2 83 8 242 Total residential TDRs 7 192 3 94 10 286 Commercial related and construction/land development loans: Principal deferral 2 48 — — 2 48 Total commercial TDRs 2 48 — — 2 48 Consumer loans: Legal modification — — 1 18 1 18 Total consumer TDRs — — 1 18 1 18 Total troubled debt restructurings 9 $ 240 4 $ 112 13 $ 352 Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded March 31, 2018 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Rate reduction — $ — 1 $ 85 1 $ 85 Principal deferral 1 1,204 1 522 2 1,726 Legal modification — — — — — — Total residential TDRs 1 1,204 2 607 3 1,811 Commercial related and construction/land development loans: Principal deferral 2 3 1 14 3 17 Total commercial TDRs 2 3 1 14 3 17 Consumer loans: Principal deferral 1 61 — — 1 61 Total consumer TDRs 1 61 — — 1 61 Total troubled debt restructurings 4 $ 1,268 3 $ 621 7 $ 1,889 The tables above are inclusive of loans that were TDRs at the end of previous periods and were re-modified, e.g., a maturity date extension during the current period.
Schedule of loans by class modified as troubled debt restructurings within the previous twelve months for which there was a payment default	Three Months Ended March 31, 2019 2018 Number of Recorded Number of Recorded (dollars in thousands) Loans Investment Loans Investment Residential real estate: Owner occupied 1 $ 47 1 $ 522 Commercial & industrial — — 1 14 Home equity 2 47 — — Consumer 1 18 — — Total 4 $ 112 2 $ 536
Schedule of carrying amount of foreclosed properties held	(in thousands) March 31, 2019 December 31, 2018 Residential real estate $ 216 $ 160 Total other real estate owned $ 216 $ 160
Schedule of recorded investment in consumer mortgage loans secured by residential real estate properties	(in thousands) March 31, 2019 December 31, 2018 Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure $ 2,776 $ 3,293
Schedule of Easy Advances	Three Months Ended March 31, (in thousands) 2019 2018 Easy Advances originated $ 388,970 $ 430,210 Net charge to the Provision for Easy Advances 13,381 13,277 Provision to total Easy Advances originated 3.44 % 3.09 % Easy Advances net charge-offs* $ — $ 3,705 Easy Advances net charge-offs to total Easy Advances originated* — % 0.86 % * The Company amended its charge-off policy for EAs during the second half of 2018 to charge-off EAs at 111 days past due instead of 60 days past due.

DEPOSITS (Tables)

DEPOSITS (Tables)	3 Months Ended
	Mar. 31, 2019
DEPOSITS
Ending deposit balances	(in thousands) March 31, 2019 December 31, 2018 Core Bank: Demand $ 956,269 $ 937,402 Money market accounts 750,796 717,954 Savings 194,279 187,868 Individual retirement accounts (1) 54,491 53,524 Time deposits, $250 and over(1) 92,177 84,104 Other certificates of deposit(1) 252,218 239,324 Reciprocal money market and time deposits(1)(2) 189,428 217,153 Brokered deposits(1) 9,996 9,394 Total Core Bank interest-bearing deposits 2,499,654 2,446,723 Total Core Bank noninterest-bearing deposits 1,004,151 971,422 Total Core Bank deposits 3,503,805 3,418,145 Republic Processing Group: Money market accounts 90,181 5,453 Total RPG interest-bearing deposits 90,181 5,453 Brokered prepaid card deposits 35,610 4,350 Other noninterest-bearing deposits 144,720 28,197 Total RPG noninterest-bearing deposits 180,330 32,547 Total RPG deposits 270,511 38,000 Total deposits $ 3,774,316 $ 3,456,145 (1) Includes time deposits. (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)	3 Months Ended
	Mar. 31, 2019
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
Schedule of securities sold under agreements to repurchase	(dollars in thousands) March 31, 2019 December 31, 2018 Outstanding balance at end of period $ 173,168 $ 182,990 Weighted average interest rate at end of period 0.76 % 0.83 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 134,472 $ 110,854 Mortgage backed securities - residential 60,169 84,657 Collateralized mortgage obligations 2,884 10,136 Total securities pledged $ 197,525 $ 205,647 Three Months Ended March 31, (dollars in thousands) 2019 2018 Average outstanding balance during the period $ 231,602 $ 257,439 Average interest rate during the period % 0.33 % Maximum outstanding at any month end during the period $ 219,700 $ 215,281

RIGHT-OF-USE ASSETS AND OPERA_2

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2019
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Summary of operating lease expense	Three Months Ended March 31, (dollars in thousands) 2019 Operating lease expense: Related Party: Variable lease expense $ 1,158 Fixed lease expense 23 Third Party: Variable lease expense 224 Fixed lease expense 361 Short-term lease expense 15 Total operating lease expense $ 1,781 Other information concerning operating leases: Cash paid for amounts included in the measurement of operating lease liabilities $ 1,803
Schedule of weighted average remaining term and weighted average discount rate for operating leases	March 31, 2019 Weighted average remaining term in years 8.48 Weighted average discount rate 3.48 %
Schedule of operating lease liabilities	Year (in thousands) Related Party Third Party Total Remainder of 2019 $ 3,474 1,996 5,470 2020 4,590 2,575 7,165 2021 4,175 2,345 6,520 2022 3,312 1,916 5,228 2023 3,312 1,377 4,689 Thereafter 15,914 2,573 18,487 Total undiscounted cash flows $ 34,777 $ 12,782 $ 47,559 Discount applied to cash flows (5,301) (2,055) (7,356) Total discounted cash flows reported as operating lease liabilities $ 29,476 $ 10,727 $ 40,203

FEDERAL HOME LOAN BANK ADVANC_2

FEDERAL HOME LOAN BANK ADVANCES (Tables)	3 Months Ended
	Mar. 31, 2019
FEDERAL HOME LOAN BANK ADVANCES
Federal Home Loan Bank Advances	(dollars in thousands) March 31, 2019 December 31, 2018 Overnight advances $ 270,000 $ 510,000 Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% 10,000 10,000 Fixed interest rate advances 280,000 290,000 Total FHLB advances $ 560,000 $ 810,000
Aggregate Future Principal Payments on FHLB Advances	Weighted Average Year (dollars in thousands) Principal Rate Remainder of 2019 (Overnight) $ 270,000 2.51 % Remainder of 2019 (Term) 100,000 1.89 2020 120,000 1.81 2021 30,000 1.93 2022 20,000 2.12 2023 20,000 2.56 Thereafter — — Total $ 560,000 2.21 %
Information Regarding Overnight FHLB Advances	Three Months Ended March 31, (dollars in thousands) 2019 2018 Average outstanding balance during the period $ 214,167 $ 144,899 Average interest rate during the period 2.48 % 1.44 % Maximum outstanding at any month end during the period $ 320,000 $ 560,000
Real Estate Loans Pledged	(in thousands) March 31, 2019 December 31, 2018 First lien, single family residential real estate $ 1,132,770 $ 1,129,588 Home equity lines of credit 304,170 311,419

OFF BALANCE SHEET RISKS, COMM_2

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2019
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
Bank Commitment Exclusive of Mortgage Bank Loan Commitments	(in thousands) March 31, 2019 December 31, 2018 Unused warehouse lines of credit $ 490,213 $ 591,305 Unused home equity lines of credit 380,012 377,277 Unused loan commitments - other 752,577 720,645 Standby letters of credit 11,318 10,642 FHLB letter of credit 10,000 10,000 Total commitments $ 1,644,120 $ 1,709,869

FAIR VALUE (Tables)

FAIR VALUE (Tables)	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on Recurring Basis	Fair Value Measurements at March 31, 2019 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 $ — $ 178,757 $ — $ 178,757 Private label mortgage backed security — — 3,659 3,659 Mortgage backed securities - residential — 163,068 — 163,068 Collateralized mortgage obligations — 71,322 — 71,322 Corporate bonds — 9,694 — 9,694 Trust preferred security — — 4,100 4,100 Total available-for-sale debt securities $ — $ 422,841 $ 7,759 $ 430,600 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 662 $ — $ 662 Community Reinvestment Act mutual fund 2,433 — — 2,433 Total equity securities with readily determinable fair value $ 2,433 $ 662 $ — $ 3,095 Mortgage loans held for sale $ — $ 11,313 $ — $ 11,313 Consumer loans held for investment — — 1,718 1,718 Rate lock loan commitments — 843 — 843 Interest rate swap agreements — 2,260 — 2,260 Financial liabilities: Mandatory forward contracts $ — $ 282 $ — $ 282 Interest rate swap agreements — 2,234 — 2,234 Fair Value Measurements at December 31, 2018 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Financial assets: Available-for-sale debt securities: U.S. Treasury securities and U.S. Government agencies $ — $ 216,873 $ — $ 216,873 Private label mortgage backed security — — 3,712 3,712 Mortgage backed securities - residential — 169,209 — 169,209 Collateralized mortgage obligations — 72,811 — 72,811 Corporate bonds — 9,058 — 9,058 Trust preferred security — — 4,075 4,075 Total available-for-sale debt securities $ — $ 467,951 $ 7,787 $ 475,738 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 410 $ — $ 410 Community Reinvestment Act mutual fund 2,396 — — 2,396 Total equity securities with readily determinable fair value $ 2,396 $ 410 $ — $ 2,806 Mortgage loans held for sale $ — $ 8,971 $ — $ 8,971 Consumer loans held for investment — — 1,922 1,922 Rate lock loan commitments — 356 — 356 Interest rate swap agreements — 1,264 — 1,264 Financial liabilities: Mandatory forward contracts $ — $ 262 $ — $ 262 Interest rate swap agreements — 1,149 — 1,149
Assets Measured at Fair Value on a Non-Recurring Basis	Fair Value Measurements at March 31, 2019 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 $ — $ — $ 4,570 $ 4,570 Nonowner occupied — — 567 567 Commercial real estate — — 1,220 1,220 Commercial & industrial — — 574 574 Home equity — — 351 351 Total impaired loans* $ — $ — $ 7,282 $ 7,282 Premises $ — $ — $ 1,618 $ 1,618 Fair Value Measurements at December 31, 2018 Using: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Consumer loans held for sale $ — $ — $ 1,249 $ 1,249 Impaired loans: Residential real estate: Owner occupied $ — $ — $ 4,708 $ 4,708 Nonowner occupied — — 1,007 1,007 Commercial real estate — — 1,255 1,255 Commercial & industrial — — 609 609 Home equity — — 356 356 Total impaired loans* $ — $ — $ 7,935 $ 7,935 Premises $ — $ — $ 1,694 $ 1,694 * The difference between the carrying value and the fair value of impaired loans measured at fair value is reconciled in a subsequent table of this Footnote.
Impaired collateral dependent loans classified with Level 3 fair value hierarchy	(in thousands) March 31, 2019 December 31, 2018 Carrying amount of loans measured at fair value $ 6,761 $ 7,380 Estimated selling costs considered in carrying amount 881 913 Valuation allowance (360) (358) Total fair value $ 7,282 $ 7,935
Provisions for loss on collateral dependent impaired loans	Three Months Ended March 31, (in thousands) 2019 2018 Provisions on collateral-dependent, impaired loans $ 14 $ 429
Schedule of Impairment charges on premises and equipment	Three Months Ended March 31, (in thousands) 2019 2018 Impairment charges on premises $ 66 $ 104
Carrying amount and estimated exit-price fair values of financial instruments	Fair Value Measurements at March 31, 2019: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 345,512 $ 345,512 $ — $ — $ 345,512 Available-for-sale debt securities 430,600 — 422,841 7,759 430,600 Held-to-maturity debt securities 64,623 — 65,129 — 65,129 Equity securities with readily determinable fair values 3,095 2,433 662 — 3,095 Mortgage loans held for sale, at fair value 11,313 — 11,313 — 11,313 Consumer loans held for sale, at the lower of cost or fair value 12,864 — 12,864 — 12,864 Loans, net 4,240,749 — — 4,231,349 4,231,349 Federal Home Loan Bank stock 29,965 — — — NA Accrued interest receivable 14,256 — 14,256 — 14,256 Rate lock loan commitments 843 — 843 — 843 Interest rate swap agreements 2,260 — 2,260 — 2,260 Liabilities: Noninterest-bearing deposits $ 1,184,480 — $ 1,184,480 — $ 1,184,480 Transaction deposits 2,056,556 — 2,056,556 — 2,056,556 Time deposits 533,280 — 531,373 — 531,373 Securities sold under agreements to repurchase and other short-term borrowings 173,168 — 173,168 — 173,168 Federal Home Loan Bank advances 560,000 — 556,003 — 556,003 Subordinated note 41,240 — 32,672 — 32,672 Accrued interest payable 1,620 — 1,620 — 1,620 Mandatory forward contracts 282 — 282 — 282 Interest rate swap agreements 2,234 — 2,234 — 2,234 Fair Value Measurements at December 31, 2018: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 351,474 $ 351,474 $ — $ — $ 351,474 Available-for-sale debt securities 475,738 — 467,951 7,787 475,738 Held-to-maturity debt securities 65,227 — 64,858 — 64,858 Equity securities with readily determinable fair values 2,806 2,396 410 — 2,806 Mortgage loans held for sale, at fair value 8,971 — 8,971 — 8,971 Consumer loans held for sale, at the lower of cost or fair value 12,838 — 12,838 — 12,838 Loans, net 4,103,552 — — 4,062,457 4,062,457 Federal Home Loan Bank stock 32,067 — — — NA Accrued interest receivable 13,942 — 13,942 — 13,942 Rate lock loan commitments 356 — 356 — 356 Interest rate swap agreements 1,264 — 1,264 — 1,264 Liabilities: Noninterest-bearing deposits $ 1,003,969 — $ 1,003,969 — $ 1,003,969 Transaction deposits 2,035,701 — 2,035,701 — 2,035,701 Time deposits 416,475 — 412,477 — 412,477 Securities sold under agreements to repurchase and other short-term borrowings 182,990 — 182,990 — 182,990 Federal Home Loan Bank advances 810,000 — 804,251 — 804,251 Subordinated note 41,240 — 33,724 — 33,724 Accrued interest payable 1,084 — 1,084 — 1,084 Mandatory forward contracts 262 — 262 — 262 Interest rate swap agreements 1,149 — 1,149 — 1,149
Nonrecurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Range Fair Valuation Unobservable (Weighted March 31, 2019 (dollars in thousands) Value Technique Inputs Average) Impaired loans - residential real estate owner occupied $ 4,570 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 62% (8%) Impaired loans - residential real estate nonowner occupied $ 567 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 12% (11%) Impaired loans - commercial real estate $ 1,220 Sales comparison approach Adjustments determined for differences between comparable sales 13% - 25% (21%) Impaired loans - commercial & industrial $ 574 Sales comparison approach Adjustments determined for differences between comparable sales 3% (3%) Impaired loans - home equity $ 351 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 22% (2%) Premises $ 1,618 Sales comparison approach Adjustments determined for differences between comparable sales 30% - 73% (43%) Range Fair Valuation Unobservable (Weighted December 31, 2018 (dollars in thousands) Value Technique Inputs Average) Consumer loans held for sale $ 1,249 Sales comparison approach Adjustments determined for differences between comparable sales 6% (6%) Impaired loans - residential real estate owner occupied $ 4,708 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 62% (30%) Impaired loans - residential real estate nonowner occupied $ 1,007 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 27% (54%) Impaired loans - commercial real estate $ 123 Sales comparison approach Adjustments determined for differences between comparable sales 21% (21%) Impaired loans - commercial real estate $ 1,132 Income approach Adjustments for differences between net operating income expectations 17% (17%) Impaired loans - commercial & industrial $ 609 Sales comparison approach Adjustments determined for differences between comparable sales 3% (3%) Impaired loans - home equity $ 356 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 22% (8%) Premises $ 1,694 Sales comparison approach Adjustments determined for differences between comparable sales 27% - 72% (40%)
Private label mortgage backed security
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ 3,712 $ 4,449 Total gains or losses included in earnings: Net change in unrealized gain (33) (2) Recovery of actual losses previously recorded 37 38 Principal paydowns (57) (365) Balance, end of period $ 3,659 $ 4,120
Private label mortgage backed security | Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Fair Valuation March 31, 2019 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage backed security $ 3,659 Discounted cash flow (1) Constant prepayment rate 4.5% - 5.8% (2) Probability of default 1.8% - 5.0% (3) Loss severity 50% - 75% Fair Valuation December 31, 2018 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage backed security $ 3,712 Discounted cash flow (1) Constant prepayment rate 6.5% - 8.9% (2) Probability of default 1.8% - 4.7% (3) Loss severity 50% - 75%
Trust preferred security
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ 4,075 $ 3,600 Total gains or losses included in earnings: Discount accretion 10 10 Net change in unrealized gain 15 290 Balance, end of period $ 4,100 $ 3,900
Mortgage loans held for sale
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) March 31, 2019 December 31, 2018 Aggregate fair value $ 11,313 $ 8,971 Contractual balance 11,100 8,676 Unrealized gain 213 295
Schedule of gains and losses from changes in fair value included in earnings	Three Months Ended March 31, (in thousands) 2019 2018 Interest income $ 102 $ 72 Change in fair value (82) (9) Total included in earnings $ 20 $ 63
Consumer loans
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) March 31, 2019 December 31, 2018 Aggregate fair value $ 1,718 $ 1,922 Contractual balance 1,948 2,170 Unrealized (loss) gain (230) (248)
Schedule of gains and losses from changes in fair value included in earnings	Three Months Ended March 31, (in thousands) 2019 2018 Interest income $ 111 $ 176 Change in fair value 18 (14) Total included in earnings $ 129 $ 162
Consumer loans | Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Fair Valuation March 31, 2019 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for investment $ 1,718 Discounted Cash Flows (1) Constant prepayment rate 15.0% (2) Probability of default 48.0% (3) Loss severity 24.0% Fair Valuation December 31, 2018 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for investment $ 1,922 Discounted Cash Flows (1) Constant prepayment rate 15.0% (2) Probability of default 45.0% (3) Loss severity 20.0%

MORTGAGE BANKING ACTIVITIES (Ta

MORTGAGE BANKING ACTIVITIES (Tables)	3 Months Ended
	Mar. 31, 2019
MORTGAGE BANKING ACTIVITIES
Activity for Mortgage Loans Held for Sale, at fair value	Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ 8,971 $ 5,761 Origination of mortgage loans held for sale 40,714 29,410 Proceeds from the sale of mortgage loans held for sale (39,632) (31,452) Net gain on sale of mortgage loans held for sale 1,260 777 Balance, end of period $ 11,313 $ 4,496
Components of Mortgage Banking Income	Three Months Ended March 31, (in thousands) 2019 2018 Net gain realized on sale of mortgage loans held for sale $ 875 $ 597 Net change in fair value recognized on loans held for sale (82) (9) Net change in fair value recognized on rate lock loan commitments 487 133 Net change in fair value recognized on forward contracts (20) 56 Net gain recognized 1,260 777 Loan servicing income 601 605 Amortization of mortgage servicing rights (322) (362) Net servicing income recognized 279 243 Total Mortgage Banking income $ 1,539 $ 1,020
Activity for capitalized mortgage servicing rights	Three Months Ended March 31, (in thousands) 2019 2018 Balance, beginning of period $ 4,919 $ 5,044 Additions 338 243 Amortized to expense (322) (362) Balance, end of period $ 4,935 $ 4,925
Other information relating to mortgage servicing rights	(in thousands) March 31, 2019 December 31, 2018 Fair value of mortgage servicing rights portfolio $ 8,399 $ 9,357 Monthly weighted average prepayment rate of unpaid principal balance* 202 % 160 % Discount rate 10.00 % 10.00 % Weighted average default rate 3.10 % 4.25 % Weighted average life in years 5.69 * Rates are applied to individual tranches with similar characteristics.
Schedule of notional amounts and fair values of mortgage loans held for sale at fair value and mortgage banking derivatives	March 31, 2019 December 31, 2018 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 $ 11,100 $ 11,313 $ 8,676 $ 8,971 Included in other assets: Rate lock loan commitments $ 39,002 $ 843 $ 14,788 $ 356 Included in other liabilities: Mandatory forward contracts $ 42,061 $ 282 $ 20,063 $ 262

INTEREST RATE SWAPS (Tables)

INTEREST RATE SWAPS (Tables)	3 Months Ended
	Mar. 31, 2019
INTEREST RATE SWAPS
Summary of swaps designated as cash flow hedges	March 31, 2019 December 31, 2018 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 $ 16 $ 12 $ 58 $ 45 Interest rate swap on FHLB advance 10,000 2.33 % 3M LIBOR 12/2013 - 12/2020 10 8 57 45 Total $ 20,000 $ 26 $ 20 $ 115 $ 90
Schedule of interest expense recorded on swap transactions in the consolidated statements of income	Three Months Ended March 31, (in thousands) 2019 2018 Interest rate swap on money market deposits $ (8) $ 14 Interest rate swap on FHLB advance (11) 12 Total interest (benefit) expense on swap transactions $ (19) $ 26
Summary of net gains recorded in AOCI and the consolidated statements of income relating to the swaps	Three Months Ended March 31, (in thousands) 2019 2018 (Gains) losses recognized in OCI on derivative (effective portion) $ (69) $ 199 Gains (losses) reclassified from OCI on derivative (effective portion) 19 (26) Gains (losses) recognized in income on derivative (ineffective portion) — —
Summary of interest rate swaps related to clients	March 31, 2019 December 31, 2018 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 69,896 $ 2,260 $ 26,398 $ 1,264 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed 13,652 (60) 54,718 (908) Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 83,548 $ 2,200 $ 81,116 $ 356 Offsetting interest rate swaps with institutional swap dealer Pay fixed/receive variable 83,548 (2,200) 81,116 (356) Total $ 167,096 $ — $ 162,232 $ —

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2019
EARNINGS PER SHARE
Earnings Per Share and Diluted Earnings Per Share	Three Months Ended March 31, (in thousands, except per share data) 2019 2018 Net income $ 29,516 $ 27,469 Dividends declared on Common Stock: Class A Shares (4,933) (4,517) Class B Shares (531) (494) Undistributed net income for basic earnings per share 24,052 22,458 Weighted average potential dividends on Class A shares upon exercise of dilutive options (35) (24) Undistributed net income for diluted earnings per share $ 24,017 $ 22,434 Weighted average shares outstanding: Class A Shares 18,761 18,677 Class B Shares 2,212 2,243 Effect of dilutive securities on Class A Shares outstanding 133 98 Weighted average shares outstanding including dilutive securities 21,106 21,018 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.26 $ 0.24 Undistributed earnings per share* 1.16 1.08 Total basic earnings per share - Class A Common Stock $ 1.42 $ 1.32 Class B Common Stock Per share dividends distributed $ 0.24 $ 0.22 Undistributed earnings per share* 1.05 0.99 Total basic earnings per share - Class B Common Stock $ 1.29 $ 1.21 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.26 $ 0.24 Undistributed earnings per share* 1.15 1.08 Total diluted earnings per share - Class A Common Stock $ 1.41 $ 1.32 Class B Common Stock: Per share dividends distributed $ 0.24 $ 0.22 Undistributed earnings per share* 1.04 0.98 Total diluted earnings per share - Class B Common Stock $ 1.28 $ 1.20 *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.
Antidilutive Stock Options	Three Months Ended March 31, 2019 2018 Antidilutive stock options 163,000 4,500 Average antidilutive stock options 162,000 4,500

OTHER COMPREHENSIVE INCOME (Tab

OTHER COMPREHENSIVE INCOME (Tables)	3 Months Ended
	Mar. 31, 2019
OTHER COMPREHENSIVE INCOME
Summary of OCI components and related tax effects	Three Months Ended March 31, (in thousands) 2019 2018 Available-for-Sale Debt Securities: Change in unrealized (loss) gain on AFS debt securities $ 3,659 $ (2,117) Adjustment for adoption of ASU 2016-01 — (428) Change in unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings (33) (2) Net unrealized (losses) gains 3,626 (2,547) Tax effect (762) 535 Net of tax 2,864 (2,012) Cash Flow Hedges: Change in fair value of derivatives used for cash flow hedges (69) 199 Reclassification amount for net derivative losses realized in income (19) 26 Net unrealized gains (88) 225 Tax effect 18 (46) Net of tax (70) 179 Total other comprehensive (loss) income components, net of tax $ 2,794 $ (1,833)
Summary of amounts reclassified out of each component of AOCI	Amounts Reclassified from AOCI Affected Line Items Three Months Ended in the Consolidated March 31, (in thousands) Statements of Income 2019 2018 Cash Flow Hedges: Interest rate swap on money market deposits Interest benefit (expense) on deposits $ 8 $ (14) Interest rate swap on FHLB advance Interest benefit (expense) on FHLB advances 11 (12) Total derivative losses on cash flow hedges Total interest benefit (expense) 19 (26) Tax effect Income tax (benefit) expense (4) 5 Net of tax Net income $ 15 $ (21)
Summary of the AOCI balances, net of tax	2019 (in thousands) December 31, 2018 Change March 31, 2019 Unrealized gain (loss) on AFS debt securities $ (2,165) $ 2,891 $ 726 Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings 1,078 (27) 1,051 Unrealized gain (loss) on cash flow hedges 90 (70) 20 Total unrealized (loss) gain $ (997) $ 2,794 $ 1,797 2018 (in thousands) December 31, 2017 Change March 31, 2018 Unrealized loss on AFS debt securities $ (604) $ (2,011) $ (2,615) Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings 1,093 (1) 1,092 Unrealized gain (loss) on cash flow hedges (73) 179 106 Total unrealized gain (loss) $ 416 $ (1,833) $ (1,417)

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	3 Months Ended
	Mar. 31, 2019
REVENUE FROM CONTRACTS WITH CUSTOMERS
Schedule of net revenues by reportable segments	Three Months Ended March 31, 2019 Core Banking Republic Processing Group 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) $ 41,347 $ 2,895 $ 102 $ 44,344 $ 20,438 $ 7,517 $ 27,955 $ 72,299 Noninterest income: Service charges on deposit accounts 3,293 10 — 3,303 — — — 3,303 Net refund transfer fees — — — — 17,100 — 17,100 17,100 Mortgage banking income(1) — — 1,539 1,539 — — — 1,539 Interchange fee income 2,626 — — 2,626 131 — 131 2,757 Program fees(1) — — — — 146 928 1,074 1,074 Increase in cash surrender value of BOLI(1) 382 — — 382 — — — 382 Net gains (losses) on OREO 130 — — 130 — — — 130 Other 465 — 40 505 — 627 627 1,132 Total noninterest income 6,896 10 1,579 8,485 17,377 1,555 18,932 27,417 Total net revenue $ 48,243 $ 2,905 $ 1,681 $ 52,829 $ 37,815 $ 9,072 $ 46,887 $ 99,716 Net-revenue concentration(2) 48 % 3 % 2 % 53 % 38 % 9 % 47 % 100 % Three Months Ended March 31, 2018 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income(1) $ 38,188 $ 3,591 $ 72 $ 41,851 $ 18,686 $ 7,128 $ 25,814 $ 67,665 Noninterest income: Service charges on deposit accounts 3,547 8 — 3,555 — — — 3,555 Net refund transfer fees — — — — 16,352 — 16,352 16,352 Mortgage banking income(1) — — 1,020 1,020 — — — 1,020 Interchange fee income 2,538 — — 2,538 109 20 129 2,667 Program fees(1) — — — — 59 1,637 1,696 1,696 Increase in cash surrender value of BOLI(1) 371 — — 371 — — — 371 Net gains (losses) on OREO 132 — — 132 — — — 132 Other 414 — 38 452 1,001 299 1,300 1,752 Total noninterest income 7,002 8 1,058 8,068 17,521 1,956 19,477 27,545 Total net revenue $ 45,190 $ 3,599 $ 1,130 $ 49,919 $ 36,207 $ 9,084 $ 45,291 $ 95,210 Net-revenue concentration(2) 47 % 4 % 1 % 52 % 38 % 10 % 48 % 100 % (1) This revenue is not subject to ASU 2014-09, Revenue from Contracts with Customers. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2019
SEGMENT INFORMATION
Segment Information	Three Months Ended March 31, 2019 Core Banking Republic Processing Group 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 $ 41,347 $ 2,895 $ 102 $ 44,344 $ 20,438 $ 7,517 $ 27,955 $ 72,299 Provision for loan and lease losses 189 225 — 414 13,434 3,383 16,817 17,231 Net refund transfer fees — — — — 17,100 — 17,100 17,100 Mortgage banking income — — 1,539 1,539 — — — 1,539 Program fees — — — — 146 928 1,074 1,074 Other noninterest income 6,896 10 40 6,946 131 627 758 7,704 Total noninterest income 6,896 10 1,579 8,485 17,377 1,555 18,932 27,417 Total noninterest expense 35,550 758 1,320 37,628 7,114 767 7,881 45,509 Income before income tax expense 12,504 1,922 361 14,787 17,267 4,922 22,189 36,976 Income tax expense 1,765 433 76 2,274 4,030 1,156 5,186 7,460 Net income $ 10,739 $ 1,489 $ 285 $ 12,513 $ 13,237 $ 3,766 $ 17,003 $ 29,516 Period-end assets $ 4,471,419 $ 559,545 $ 17,087 $ 5,048,051 $ 224,485 $ 93,232 $ 317,717 $ 5,365,768 Net interest margin 3.84 % 2.84 % NM 3.76 % NM NM NM 5.66 % Net-revenue concentration* 48 % 3 % 2 % 53 % 38 % 9 % 47 % 100 % Three Months Ended March 31, 2018 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income $ 38,188 $ 3,591 $ 72 $ 41,851 $ 18,686 $ 7,128 $ 25,814 $ 67,665 Provision for loan and lease losses 939 21 — 960 13,389 2,906 16,295 17,255 Net refund transfer fees — — — — 16,352 — 16,352 16,352 Mortgage banking income — — 1,020 1,020 — — — 1,020 Program fees — — — — 59 1,637 1,696 1,696 Other noninterest income 7,002 8 38 7,048 1,110 319 1,429 8,477 Total noninterest income 7,002 8 1,058 8,068 17,521 1,956 19,477 27,545 Total noninterest expense 33,392 839 1,204 35,435 6,525 1,085 7,610 43,045 Income (loss) before income tax expense 10,859 2,739 (74) 13,524 16,293 5,093 21,386 34,910 Income tax expense (benefit) 1,772 627 (16) 2,383 3,854 1,204 5,058 7,441 Net income (loss) $ 9,087 $ 2,112 $ (58) $ 11,141 $ 12,439 $ 3,889 $ 16,328 $ 27,469 Period-end assets $ 4,344,341 $ 534,545 $ 9,864 $ 4,888,750 $ 129,395 $ 60,189 $ 189,584 $ 5,078,334 Net interest margin 3.59 % 3.21 % NM 3.55 % NM NM NM 5.50 % Net-revenue concentration* 47 % 4 % 1 % 52 % 38 % 10 % 48 % 100 % *Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - OPERATIONS (Details)	3 Months Ended
	Mar. 31, 2019segmentitem
Basis of Presentation
Number of reportable segments | segment	5
Number of banking centers	45
Number of loan production offices	2
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	8
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

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - SEGMENTS (Details) - USD ($)	2 Months Ended		3 Months Ended				6 Months Ended		27 Months Ended	30 Months Ended
	Feb. 28, 2019	Feb. 28, 2018	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Mar. 31, 2018
Tax Refund Solutions | Easy Advances
Basis of Presentation
Period Easy Advance tax credit product offered	2 months	2 months
Multiple loan-amount tiers, maximum advance amount			$ 6,250	$ 3,500			$ 3,500
APR to the taxpayer for his or her portion of the total fee for all offering tiers (as a percent)			36.00%
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				111 days	60 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			3 days
Republic Credit Solutions | Credit card
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)				100.00%	100.00%					90.00%
Interest retained (as a percent)										10.00%
Consumer loans held for sale period										2 days
Republic Credit Solutions | Healthcare receivables
Basis of Presentation
Number of third party relationship			2
Interest retained - Third party relationship one (as a percent)			100.00%
Interest retained - Third party relationship two (as a percent)			100.00%
Percentage of loan receivable held for sale - Third party relationship two (as a percent)			100.00%
Consumer loans held for sale period			1 month
Republic Credit Solutions | Installment loan
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)									100.00%
Consumer loans held for sale period									21 days
Transfers from loans held for sale to held for investment						$ 2,200,000

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - ASUs (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jan. 01, 2019
Accounting Pronouncements
Right-of-use assets	$ 38,738
Operating lease liabilities	$ 40,203
ASU 2016-02 | Restatement
Accounting Pronouncements
Right-of-use assets		$ 40,000
Operating lease liabilities		$ 42,000

INVESTMENT SECURITIES - AFS (De

INVESTMENT SECURITIES - AFS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Available-for-Sale Debt Securities
Amortized Cost	$ 428,351	$ 477,115
Gross Unrealized Gains	4,569	3,623
Gross Unrealized Losses	(2,320)	(5,000)
Fair Value	430,600	475,738
U.S. Treasury securities and U.S. Government agencies
Available-for-Sale Debt Securities
Amortized Cost	179,505	218,502
Gross Unrealized Gains	56	25
Gross Unrealized Losses	(804)	(1,654)
Fair Value	178,757	216,873
Private label mortgage backed security
Available-for-Sale Debt Securities
Amortized Cost	2,328	2,348
Gross Unrealized Gains	1,331	1,364
Fair Value	3,659	3,712
Mortgage backed securities - residential
Available-for-Sale Debt Securities
Amortized Cost	161,233	168,992
Gross Unrealized Gains	2,368	1,470
Gross Unrealized Losses	(533)	(1,253)
Fair Value	163,068	169,209
Collateralized mortgage obligations
Available-for-Sale Debt Securities
Amortized Cost	71,742	73,740
Gross Unrealized Gains	257	222
Gross Unrealized Losses	(677)	(1,151)
Fair Value	71,322	72,811
Corporate bonds
Available-for-Sale Debt Securities
Amortized Cost	10,000	10,000
Gross Unrealized Losses	(306)	(942)
Fair Value	9,694	9,058
Trust preferred security
Available-for-Sale Debt Securities
Amortized Cost	3,543	3,533
Gross Unrealized Gains	557	542
Fair Value	$ 4,100	$ 4,075

INVESTMENT SECURITIES - HTM (De

INVESTMENT SECURITIES - HTM (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Held-to-Maturity Debt Securities
Carrying Value	$ 64,623	$ 65,227
Gross Unrecognized Gains	582	202
Gross Unrecognized Losses	(76)	(571)
Fair Value	65,129	64,858
Mortgage backed securities - residential
Held-to-Maturity Debt Securities
Carrying Value	130	132
Gross Unrecognized Gains	8	8
Fair Value	138	140
Collateralized mortgage obligations
Held-to-Maturity Debt Securities
Carrying Value	18,947	19,544
Gross Unrecognized Gains	161	178
Gross Unrecognized Losses	(20)	(46)
Fair Value	19,088	19,676
Corporate bonds
Held-to-Maturity Debt Securities
Carrying Value	45,083	45,088
Gross Unrecognized Gains	413	16
Gross Unrecognized Losses	(50)	(514)
Fair Value	45,446	44,590
Obligations of state and political subdivisions
Held-to-Maturity Debt Securities
Carrying Value	463	463
Gross Unrecognized Losses	(6)	(11)
Fair Value	$ 457	$ 452

INVESTMENT SECURITIES - SALES O

INVESTMENT SECURITIES - SALES OF AFS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
INVESTMENT SECURITIES
Net gains (losses) on securities available for sale	$ 0	$ 0

INVESTMENT SECURITIES - AMORTIZ

INVESTMENT SECURITIES - AMORTIZED COST AND FV (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Securities available for Sale - Amortized Cost
Due in one year or less	$ 64,780
Due from one year to five years	124,725
Due beyond ten years	3,543
Amortized Cost	428,351	$ 477,115
Securities available for Sale - Fair Value
Due in one year or less	64,360
Due from one year to five years	124,091
Due beyond ten years	4,100
Total securities	430,600	475,738
Securities held to maturity - Carrying Value
Due in one year or less	75
Due from one year to five years	40,529
Due from five years to ten years	4,942
Total securities	64,623	65,227
Securities held to maturity - Fair Value
Due in one year or less	75
Due from one year to five years	40,936
Due from five years to ten years	4,892
Fair Value	65,129	64,858
Private label mortgage backed security
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	2,328
Amortized Cost	2,328	2,348
Securities available for Sale - Fair Value
Securities not due at a single maturity date	3,659
Total securities	3,659	3,712
Mortgage backed securities - residential
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	161,233
Amortized Cost	161,233	168,992
Securities available for Sale - Fair Value
Securities not due at a single maturity date	163,068
Total securities	163,068	169,209
Securities held to maturity - Carrying Value
Securities not due at a single maturity date	130
Total securities	130	132
Securities held to maturity - Fair Value
Securities not due at a single maturity date	138
Fair Value	138	140
Collateralized mortgage obligations
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	71,742
Amortized Cost	71,742	73,740
Securities available for Sale - Fair Value
Securities not due at a single maturity date	71,322
Total securities	71,322	72,811
Securities held to maturity - Carrying Value
Securities not due at a single maturity date	18,947
Total securities	18,947	19,544
Securities held to maturity - Fair Value
Securities not due at a single maturity date	19,088
Fair Value	$ 19,088	$ 19,676

INVESTMENT SECURITIES - INVESTM

INVESTMENT SECURITIES - INVESTMENT CATEGORY (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Available-for-sale debt securities
Less than 12 months Fair Value	$ 33,770	$ 140,863
Less than 12 months Unrealized Losses	(427)	(2,497)
12 months or more Fair Value	184,043	169,210
12 months or more Unrealized Losses	(1,893)	(2,503)
Total Fair Value	217,813	310,073
Total Unrealized Losses	$ (2,320)	$ (5,000)
Number of securities held	172	182
Number of securities held in an unrealized loss position	47	65
Maximum percentage of holdings of securities of any one issuer, other than the U.S. Government and its agencies	10.00%	10.00%
Held-to-maturity debt securities
Less than 12 months Fair Value	$ 4,892	$ 39,604
Less than 12 months Unrealized Losses	(50)	(515)
12 months or more Fair Value	5,850	5,886
12 months or more Unrealized Losses	(26)	(56)
Total Fair Value	10,742	45,490
Total Unrealized Losses	(76)	(571)
U.S. Treasury securities and U.S. Government agencies
Available-for-sale debt securities
Less than 12 months Fair Value	19,740	71,627
Less than 12 months Unrealized Losses	(116)	(598)
12 months or more Fair Value	98,962	106,136
12 months or more Unrealized Losses	(688)	(1,056)
Total Fair Value	118,702	177,763
Total Unrealized Losses	(804)	(1,654)
Mortgage backed securities - residential
Available-for-sale debt securities
Less than 12 months Fair Value		43,691
Less than 12 months Unrealized Losses		(484)
12 months or more Fair Value	51,604	32,003
12 months or more Unrealized Losses	(533)	(769)
Total Fair Value	51,604	75,694
Total Unrealized Losses	(533)	(1,253)
Collateralized mortgage obligations
Available-for-sale debt securities
Less than 12 months Fair Value	4,336	16,487
Less than 12 months Unrealized Losses	(5)	(473)
12 months or more Fair Value	33,477	31,071
12 months or more Unrealized Losses	(672)	(678)
Total Fair Value	37,813	47,558
Total Unrealized Losses	(677)	(1,151)
Held-to-maturity debt securities
12 months or more Fair Value	5,393	5,539
12 months or more Unrealized Losses	(20)	(46)
Total Fair Value	5,393	5,539
Total Unrealized Losses	(20)	(46)
Corporate bonds
Available-for-sale debt securities
Less than 12 months Fair Value	9,694	9,058
Less than 12 months Unrealized Losses	(306)	(942)
Total Fair Value	9,694	9,058
Total Unrealized Losses	(306)	(942)
Held-to-maturity debt securities
Less than 12 months Fair Value	4,892	39,499
Less than 12 months Unrealized Losses	(50)	(514)
Total Fair Value	4,892	39,499
Total Unrealized Losses	(50)	(514)
Obligations of state and political subdivisions
Held-to-maturity debt securities
Less than 12 months Fair Value		105
Less than 12 months Unrealized Losses		(1)
12 months or more Fair Value	457	347
12 months or more Unrealized Losses	(6)	(10)
Total Fair Value	457	452
Total Unrealized Losses	$ (6)	$ (11)

INVESTMENT SECURITIES - CORPORA

INVESTMENT SECURITIES - CORPORATE BONDS AND MORTGAGE BACKED SECURITIES (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Corporate bonds
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Percentage of concentration risk	11.00%	10.00%
Gross unrealized losses on available for sale securities	$ 306,000
Private label mortgage backed security
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Securities	3,659,000
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	$ 1,200,000	$ 2,400,000

INVESTMENT SECURITIES - TRUST P

INVESTMENT SECURITIES - TRUST PREFERRED SECURITY (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2015
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Amount of floating rate purchased	$ 69,940
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 - OTHER T

INVESTMENT SECURITIES - OTHER THAN TEMPORARY IMPAIRMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Bank's private label mortgage backed security credit losses recognized in earnings
Number of securities held	172	182
Available-for-sale debt securities	$ 430,600	$ 475,738
Private label mortgage backed security
Bank's private label mortgage backed security credit losses recognized in earnings
Number of securities held	1
Available-for-sale debt securities	$ 3,659	$ 3,712

INVESTMENT SECURITIES - PLEDGED

INVESTMENT SECURITIES - PLEDGED DEBT SECURITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
INVESTMENT SECURITIES
Carrying amount	$ 228,310	$ 240,590
Fair value	$ 228,414	$ 240,700

INVESTMENT SECURITIES - EQUITY

INVESTMENT SECURITIES - EQUITY SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Equity securities
Amortized Cost	$ 2,500		$ 2,500
Gross Unrealized Gains	662		410
Gross Unrealized Losses	(67)		(104)
Fair Value	3,095		2,806
Gains (Losses) Recognized on Equity securities, Unrealized	289	$ (182)
Gains (Losses) Recognized on Equity securities, Total	289	(182)
Freddie Mac preferred stock
Equity securities
Gross Unrealized Gains	662		410
Fair Value	662		410
Gains (Losses) Recognized on Equity securities, Unrealized	252	(145)
Gains (Losses) Recognized on Equity securities, Total	252	(145)
Community Reinvestment Act mutual fund
Equity securities
Amortized Cost	2,500		2,500
Gross Unrealized Losses	(67)		(104)
Fair Value	2,433		$ 2,396
Gains (Losses) Recognized on Equity securities, Unrealized	37	(37)
Gains (Losses) Recognized on Equity securities, Total	$ 37	$ (37)

LOANS HELD FOR SALE (Details)

LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended					30 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Mar. 31, 2018
Carried at lower of cost or fair value
Balance, beginning of period	$ 12,838			$ 7,380	$ 8,551
Origination of consumer loans held for sale	146,087				154,057
Proceeds from the sale of consumer loans held for sale	(147,466)				(156,802)
Net gain on sale of consumer loans held for sale	1,405				1,574
Balance, end of period	$ 12,864	$ 12,838			$ 7,380	$ 7,380
Republic Credit Solutions | Line of Credit and Healthcare Receivables
Loans held for sale
Percentage of loan receivable held for sale (as a percent)	90.00%			90.00%
Republic Credit Solutions | Credit card
Loans held for sale
Percentage of loan receivable held for sale (as a percent)		100.00%	100.00%			90.00%
Reclassification of interest into held-for-sale		100.00%

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - COMPOSITION OF LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Loans disclosures
Total loans	$ 4,298,710	$ 4,148,227
Allowance for loan and lease losses	(57,961)	(44,675)	$ (52,341)	$ (42,769)
Loans, net	4,240,749	4,103,552
Core Banking Activities
Loans disclosures
Total loans	4,182,444	4,045,739
Allowance for loan and lease losses	(31,569)	(31,519)	(30,566)	(30,147)
Traditional Banking
Loans disclosures
Total loans	3,623,657	3,577,044
Allowance for loan and lease losses	(30,172)	(30,347)	(29,231)	(28,833)
Republic Processing Group
Loans disclosures
Total loans	116,266	102,488
Allowance for loan and lease losses	(26,392)	(13,156)	(21,775)	(12,622)
Residential Real Estate - Owner Occupied | Traditional Banking
Loans disclosures
Total loans	906,330	907,005
Allowance for loan and lease losses	(5,579)	(5,798)	(5,988)	(6,182)
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking
Loans disclosures
Total loans	88,776	94,827
Allowance for loan and lease losses	(222)	(237)	(278)	(292)
Residential Real Estate - Non Owner Occupied | Traditional Banking
Loans disclosures
Total loans	251,876	242,846
Allowance for loan and lease losses	(1,720)	(1,662)	(1,461)	(1,396)
Commercial Real Estate | Traditional Banking
Loans disclosures
Total loans	1,277,201	1,248,940
Allowance for loan and lease losses	(10,235)	(10,030)	(9,460)	(9,043)
Construction & land development | Traditional Banking
Loans disclosures
Total loans	168,579	175,178
Allowance for loan and lease losses	(2,443)	(2,555)	(2,720)	(2,364)
Commercial & industrial | Traditional Banking
Loans disclosures
Total loans	456,707	430,355
Allowance for loan and lease losses	(3,235)	(2,873)	(2,247)	(2,198)
Lease Financing Receivables | Traditional Banking
Loans disclosures
Total loans	14,292	15,031
Allowance for loan and lease losses	(150)	(158)	(165)	(174)
Home equity lines of credit | Traditional Banking
Loans disclosures
Total loans	323,695	332,548
Allowance for loan and lease losses	(3,337)	(3,477)	(3,669)	(3,754)
Consumer: Credit cards | Traditional Banking
Loans disclosures
Total loans	18,073	19,095
Allowance for loan and lease losses	(1,079)	(1,140)	(756)	(607)
Consumer: Overdrafts | Traditional Banking
Loans disclosures
Total loans	892	1,102
Allowance for loan and lease losses	(892)	(1,102)	(791)	(974)
Consumer: Automobile loan | Traditional Banking
Loans disclosures
Total loans	65,960	63,475
Allowance for loan and lease losses	(768)	(724)	(706)	(687)
Other consumer | Traditional Banking
Loans disclosures
Total loans	51,276	46,642
Allowance for loan and lease losses	(512)	(591)	(990)	(1,162)
Warehouse lines of credit | Core Banking Activities
Loans disclosures
Total loans	558,787	468,695
Allowance for loan and lease losses	(1,397)	(1,172)	(1,335)	(1,314)
Easy Advances | Republic Processing Group
Loans disclosures
Total loans	22,700
Allowance for loan and lease losses	(13,381)		(9,572)
Other TRS loans | Republic Processing Group
Loans disclosures
Total loans	570	13,744
Allowance for loan and lease losses	(149)	(107)	(125)	(12)
Republic Credit Solutions | Republic Processing Group
Loans disclosures
Total loans	92,996	88,744
Allowance for loan and lease losses	$ (12,862)	$ (13,049)	$ (12,078)	$ (12,610)

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES
Contractually receivable	$ 4,297,610	$ 4,147,249
Unearned income	(1,134)	(1,038)
Unamortized premiums	553	588
Unaccreted discounts	(3,143)	(3,174)
Net unamortized deferred origination fees and costs	4,824	4,602
Carrying value of loans	$ 4,298,710	$ 4,148,227

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
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Dec. 31, 2018
Disclosures on loans acquired
Contractually receivable			$ 4,297,610	$ 4,147,249
Carrying value of loans			4,298,710	4,148,227
PCI loan
Disclosures on loans acquired
Contractually receivable			3,989	4,251
Non-accretable amount			(1,405)	(1,521)
Accretable amount	$ (50)	$ (140)	(50)	(50)
Carrying value of loans			$ 2,534	$ 2,680
Rollforward of the accretable discount on PCI loans
Balance at the beginning of the period	(50)	(140)
Transfers between non-accretable and accretable	(116)	0
Net accretion into interest income on loans, including loan fees	116	0
Balance at the end of the period	$ (50)	$ (140)

LOANS AND ALLOWANCE FOR LOAN _6

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - RISK CATEGORY (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Risk category of rated loans
Loans	$ 4,298,710	$ 4,148,227
Pass
Risk category of rated loans
Loans	2,463,384	2,327,312
Special Mention
Risk category of rated loans
Loans	22,757	21,205
Substandard
Risk category of rated loans
Loans	19,897	19,860
PCI Loans - Group 1
Risk category of rated loans
Loans	1,095	1,121
PCI Loans - Substandard
Risk category of rated loans
Loans	1,439	1,559
Rated Loans
Risk category of rated loans
Loans	2,508,572	2,371,057
Core Banking Activities
Risk category of rated loans
Loans	4,182,444	4,045,739
Core Banking Activities | Warehouse lines of credit
Risk category of rated loans
Loans	558,787	468,695
Core Banking Activities | Pass
Risk category of rated loans
Loans	2,463,384	2,327,312
Core Banking Activities | Pass | Warehouse lines of credit
Risk category of rated loans
Loans	558,787	468,695
Core Banking Activities | Special Mention
Risk category of rated loans
Loans	22,757	21,205
Core Banking Activities | Substandard
Risk category of rated loans
Loans	19,825	19,722
Core Banking Activities | PCI Loans - Group 1
Risk category of rated loans
Loans	1,095	1,121
Core Banking Activities | PCI Loans - Substandard
Risk category of rated loans
Loans	1,439	1,559
Core Banking Activities | Rated Loans
Risk category of rated loans
Loans	2,508,500	2,370,919
Core Banking Activities | Rated Loans | Warehouse lines of credit
Risk category of rated loans
Loans	558,787	468,695
Traditional Banking
Risk category of rated loans
Loans	3,623,657	3,577,044
Traditional Banking | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	906,330	907,005
Traditional Banking | Residential Real Estate - Owner Occupied - Correspondent
Risk category of rated loans
Loans	88,776	94,827
Traditional Banking | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	251,876	242,846
Traditional Banking | Commercial Real Estate
Risk category of rated loans
Loans	1,277,201	1,248,940
Traditional Banking | Construction & land development
Risk category of rated loans
Loans	168,579	175,178
Traditional Banking | Commercial & industrial
Risk category of rated loans
Loans	456,707	430,355
Traditional Banking | Lease Financing Receivables
Risk category of rated loans
Loans	14,292	15,031
Traditional Banking | Home equity lines of credit
Risk category of rated loans
Loans	323,695	332,548
Traditional Banking | Consumer: Credit cards
Risk category of rated loans
Loans	18,073	19,095
Traditional Banking | Consumer: Overdrafts
Risk category of rated loans
Loans	892	1,102
Traditional Banking | Consumer: Automobile loan
Risk category of rated loans
Loans	65,960	63,475
Traditional Banking | Other consumer
Risk category of rated loans
Loans	51,276	46,642
Traditional Banking | Pass
Risk category of rated loans
Loans	1,904,597	1,858,617
Traditional Banking | Pass | Commercial Real Estate
Risk category of rated loans
Loans	1,267,077	1,239,576
Traditional Banking | Pass | Construction & land development
Risk category of rated loans
Loans	168,516	175,113
Traditional Banking | Pass | Commercial & industrial
Risk category of rated loans
Loans	454,712	428,897
Traditional Banking | Pass | Lease Financing Receivables
Risk category of rated loans
Loans	14,292	15,031
Traditional Banking | Special Mention
Risk category of rated loans
Loans	22,757	21,205
Traditional Banking | Special Mention | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	14,080	14,536
Traditional Banking | Special Mention | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	943	575
Traditional Banking | Special Mention | Commercial Real Estate
Risk category of rated loans
Loans	6,450	5,281
Traditional Banking | Special Mention | Commercial & industrial
Risk category of rated loans
Loans	1,284	813
Traditional Banking | Substandard
Risk category of rated loans
Loans	19,825	19,722
Traditional Banking | Substandard | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	11,775	11,690
Traditional Banking | Substandard | Residential Real Estate - Owner Occupied - Correspondent
Risk category of rated loans
Loans	862	382
Traditional Banking | Substandard | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	1,358	1,889
Traditional Banking | Substandard | Commercial Real Estate
Risk category of rated loans
Loans	2,775	3,162
Traditional Banking | Substandard | Construction & land development
Risk category of rated loans
Loans	63	65
Traditional Banking | Substandard | Commercial & industrial
Risk category of rated loans
Loans	687	620
Traditional Banking | Substandard | Home equity lines of credit
Risk category of rated loans
Loans	1,779	1,361
Traditional Banking | Substandard | Consumer: Automobile loan
Risk category of rated loans
Loans	115	91
Traditional Banking | Substandard | Other consumer
Risk category of rated loans
Loans	411	462
Traditional Banking | PCI Loans - Group 1
Risk category of rated loans
Loans	1,095	1,121
Traditional Banking | PCI Loans - Group 1 | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	167	170
Traditional Banking | PCI Loans - Group 1 | Commercial Real Estate
Risk category of rated loans
Loans	899	921
Traditional Banking | PCI Loans - Group 1 | Commercial & industrial
Risk category of rated loans
Loans	24	25
Traditional Banking | PCI Loans - Group 1 | Home equity lines of credit
Risk category of rated loans
Loans	5	5
Traditional Banking | PCI Loans - Substandard
Risk category of rated loans
Loans	1,439	1,559
Traditional Banking | PCI Loans - Substandard | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	1,429	1,476
Traditional Banking | PCI Loans - Substandard | Home equity lines of credit
Risk category of rated loans
Loans	7	81
Traditional Banking | PCI Loans - Substandard | Other consumer
Risk category of rated loans
Loans	3	2
Traditional Banking | Rated Loans
Risk category of rated loans
Loans	1,949,713	1,902,224
Traditional Banking | Rated Loans | Residential Real Estate - Owner Occupied
Risk category of rated loans
Loans	27,451	27,872
Traditional Banking | Rated Loans | Residential Real Estate - Owner Occupied - Correspondent
Risk category of rated loans
Loans	862	382
Traditional Banking | Rated Loans | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Loans	2,301	2,464
Traditional Banking | Rated Loans | Commercial Real Estate
Risk category of rated loans
Loans	1,277,201	1,248,940
Traditional Banking | Rated Loans | Construction & land development
Risk category of rated loans
Loans	168,579	175,178
Traditional Banking | Rated Loans | Commercial & industrial
Risk category of rated loans
Loans	456,707	430,355
Traditional Banking | Rated Loans | Lease Financing Receivables
Risk category of rated loans
Loans	14,292	15,031
Traditional Banking | Rated Loans | Home equity lines of credit
Risk category of rated loans
Loans	1,791	1,447
Traditional Banking | Rated Loans | Consumer: Automobile loan
Risk category of rated loans
Loans	115	91
Traditional Banking | Rated Loans | Other consumer
Risk category of rated loans
Loans	414	464
Republic Processing Group
Risk category of rated loans
Loans	116,266	102,488
Republic Processing Group | Easy Advances
Risk category of rated loans
Loans	22,700
Republic Processing Group | Other TRS loans
Risk category of rated loans
Loans	570	13,744
Republic Processing Group | Republic Credit Solutions
Risk category of rated loans
Loans	92,996	88,744
Republic Processing Group | Substandard
Risk category of rated loans
Loans	72	138
Republic Processing Group | Substandard | Other TRS loans
Risk category of rated loans
Loans	3
Republic Processing Group | Substandard | Republic Credit Solutions
Risk category of rated loans
Loans	69	138
Republic Processing Group | Rated Loans
Risk category of rated loans
Loans	72	138
Republic Processing Group | Rated Loans | Other TRS loans
Risk category of rated loans
Loans	3
Republic Processing Group | Rated Loans | Republic Credit Solutions
Risk category of rated loans
Loans	$ 69	$ 138

LOANS AND ALLOWANCE FOR LOAN _7

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE ACTIVITY (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Allowance for loan losses rollforward
Beginning Balance	$ 44,675	$ 42,769
Provision for loan and lease losses	17,231	17,255
Charged-off	(4,453)	(8,347)
Recoveries	508	664
Ending Balance	57,961	52,341
Core Banking Activities
Allowance for loan losses rollforward
Beginning Balance	31,519	30,147
Provision for loan and lease losses	414	960
Charged-off	(612)	(946)
Recoveries	248	405
Ending Balance	31,569	30,566
Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	30,347	28,833
Provision for loan and lease losses	189	939
Charged-off	(612)	(946)
Recoveries	248	405
Ending Balance	30,172	29,231
Warehouse Lending
Allowance for loan losses rollforward
Provision for loan and lease losses	225	21
Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	13,156	12,622
Provision for loan and lease losses	16,817	16,295
Charged-off	(3,841)	(7,401)
Recoveries	260	259
Ending Balance	26,392	21,775
Residential Real Estate - Owner Occupied | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	5,798	6,182
Provision for loan and lease losses	(240)
Charged-off	(17)	(215)
Recoveries	38	21
Ending Balance	5,579	5,988
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	237	292
Provision for loan and lease losses	(15)	(14)
Ending Balance	222	278
Residential Real Estate - Non Owner Occupied | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	1,662	1,396
Provision for loan and lease losses	130	165
Charged-off	(72)	(121)
Recoveries		21
Ending Balance	1,720	1,461
Commercial Real Estate | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	10,030	9,043
Provision for loan and lease losses	203	292
Recoveries	2	125
Ending Balance	10,235	9,460
Construction & land development | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	2,555	2,364
Provision for loan and lease losses	(112)	354
Recoveries		2
Ending Balance	2,443	2,720
Commercial & industrial | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	2,873	2,198
Provision for loan and lease losses	360	126
Charged-off		(108)
Recoveries	2	31
Ending Balance	3,235	2,247
Lease Financing Receivables | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	158	174
Provision for loan and lease losses	(8)	(9)
Ending Balance	150	165
Home equity lines of credit | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	3,477	3,754
Provision for loan and lease losses	(157)	(111)
Charged-off	(13)
Recoveries	30	26
Ending Balance	3,337	3,669
Consumer: Credit cards | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	1,140	607
Provision for loan and lease losses	65	235
Charged-off	(150)	(93)
Recoveries	24	7
Ending Balance	1,079	756
Consumer: Overdrafts | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	1,102	974
Provision for loan and lease losses	19	17
Charged-off	(294)	(289)
Recoveries	65	89
Ending Balance	892	791
Consumer: Automobile loan | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	724	687
Provision for loan and lease losses	38	19
Recoveries	6
Ending Balance	768	706
Other consumer | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	591	1,162
Provision for loan and lease losses	(94)	(135)
Charged-off	(66)	(120)
Recoveries	81	83
Ending Balance	512	990
Warehouse lines of credit | Core Banking Activities
Allowance for loan losses rollforward
Beginning Balance	1,172	1,314
Provision for loan and lease losses	225	21
Ending Balance	1,397	1,335
Easy Advances | Republic Processing Group
Allowance for loan losses rollforward
Provision for loan and lease losses	13,381	13,277
Charged-off		(3,705)
Ending Balance	13,381	9,572
Other TRS loans | Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	107	12
Provision for loan and lease losses	53	112
Charged-off	(17)
Recoveries	6	1
Ending Balance	149	125
Republic Credit Solutions | Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	13,049	12,610
Provision for loan and lease losses	3,383	2,906
Charged-off	(3,824)	(3,696)
Recoveries	254	258
Ending Balance	$ 12,862	$ 12,078

LOANS AND ALLOWANCE FOR LOAN _8

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - NON-PERFORMING LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 15,361	$ 15,993
Loans past due 90 days or more and still on accrual	199	145
Total nonperforming loans	15,560	16,138
Other real estate owned	216	160
Total nonperforming assets	$ 15,776	$ 16,298
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.36%	0.39%
Nonperforming assets to total loans (including OREO) (as percent)	0.37%	0.39%
Nonperforming assets to total assets (as percent)	0.29%	0.31%
Core Banking Activities
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 15,361	$ 15,993
Loans past due 90 days or more and still on accrual	$ 4	$ 13
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.37%	0.40%
Nonperforming assets to total loans (including OREO) (as percent)	0.37%	0.40%
Nonperforming assets to total assets (as percent)	0.31%	0.32%

LOANS AND ALLOWANCE FOR LOAN _9

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - AGING (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Aging or recorded investments in loans
Nonaccrual Loan	$ 15,361	$ 15,993
Loans Past Due 90 Days or More and Still Accruing Interest	199	145
Core Banking Activities
Aging or recorded investments in loans
Nonaccrual Loan	15,361	15,993
Loans Past Due 90 Days or More and Still Accruing Interest	4	13
Traditional Banking
Aging or recorded investments in loans
Nonaccrual Loan	15,361	15,993
Loans Past Due 90 Days or More and Still Accruing Interest	4	13
Traditional Banking | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Nonaccrual Loan	9,742	10,800
Traditional Banking | Residential Real Estate - Owner Occupied - Correspondent
Aging or recorded investments in loans
Nonaccrual Loan	862	382
Traditional Banking | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Nonaccrual Loan	467	669
Traditional Banking | Commercial Real Estate
Aging or recorded investments in loans
Nonaccrual Loan	1,970	2,318
Traditional Banking | Construction & land development
Aging or recorded investments in loans
Nonaccrual Loan	219
Traditional Banking | Commercial & industrial
Aging or recorded investments in loans
Nonaccrual Loan	666	630
Traditional Banking | Home equity lines of credit
Aging or recorded investments in loans
Nonaccrual Loan	1,356	1,095
Traditional Banking | Consumer: Automobile loan
Aging or recorded investments in loans
Nonaccrual Loan	61	75
Traditional Banking | Other consumer
Aging or recorded investments in loans
Nonaccrual Loan	18	24
Loans Past Due 90 Days or More and Still Accruing Interest	4	13
Republic Processing Group
Aging or recorded investments in loans
Loans Past Due 90 Days or More and Still Accruing Interest	195	132
Republic Processing Group | Other TRS loans
Aging or recorded investments in loans
Loans Past Due 90 Days or More and Still Accruing Interest	3	4
Republic Processing Group | Republic Credit Solutions
Aging or recorded investments in loans
Loans Past Due 90 Days or More and Still Accruing Interest	$ 192	$ 128

LOANS AND ALLOWANCE FOR LOAN_10

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - DELINQUENT LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Aging or recorded investments in loans
Total Loans Delinquent	$ 34,187	$ 15,962
Total Loans Not Delinquent	4,264,523	4,132,265
Carrying value of loans	$ 4,298,710	$ 4,148,227
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.80%	0.38%
30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 26,640	$ 8,623
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.62%	0.21%
60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 2,895	$ 2,053
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.07%	0.05%
90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 4,652	$ 5,286
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.11%	0.13%
Core Banking Activities
Aging or recorded investments in loans
Total Loans Delinquent	$ 7,727	$ 8,875
Total Loans Not Delinquent	4,174,717	4,036,864
Carrying value of loans	4,182,444	4,045,739
Core Banking Activities | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,443	2,887
Core Banking Activities | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	828	834
Core Banking Activities | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4,456	5,154
Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	7,727	8,875
Total Loans Not Delinquent	3,615,930	3,568,169
Carrying value of loans	3,623,657	3,577,044
Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,443	2,887
Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	828	834
Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4,456	5,154
Republic Processing Group
Aging or recorded investments in loans
Total Loans Delinquent	26,460	7,087
Total Loans Not Delinquent	89,806	95,401
Carrying value of loans	116,266	102,488
Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	24,197	5,736
Republic Processing Group | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,067	1,219
Republic Processing Group | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	196	132
Residential Real Estate - Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	5,011	5,525
Total Loans Not Delinquent	901,319	901,480
Carrying value of loans	906,330	907,005
Residential Real Estate - Owner Occupied | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,205	1,137
Residential Real Estate - Owner Occupied | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	404	748
Residential Real Estate - Owner Occupied | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	3,402	3,640
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	484
Total Loans Not Delinquent	88,292	94,827
Carrying value of loans	88,776	94,827
Residential Real Estate - Owner Occupied - Correspondent | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	484
Residential Real Estate - Non Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	460	1,008
Total Loans Not Delinquent	251,416	241,838
Carrying value of loans	251,876	242,846
Residential Real Estate - Non Owner Occupied | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		349
Residential Real Estate - Non Owner Occupied | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	460	659
Commercial Real Estate | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	417	1,099
Total Loans Not Delinquent	1,276,784	1,247,841
Carrying value of loans	1,277,201	1,248,940
Commercial Real Estate | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	28	511
Commercial Real Estate | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	60
Commercial Real Estate | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	329	588
Construction & land development | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	219
Total Loans Not Delinquent	168,360	175,178
Carrying value of loans	168,579	175,178
Construction & land development | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	219
Commercial & industrial | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	169	25
Total Loans Not Delinquent	456,538	430,330
Carrying value of loans	456,707	430,355
Commercial & industrial | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	73
Commercial & industrial | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	96
Commercial & industrial | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		25
Lease Financing Receivables | Traditional Banking
Aging or recorded investments in loans
Total Loans Not Delinquent	14,292	15,031
Carrying value of loans	14,292	15,031
Home equity lines of credit | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	628	784
Total Loans Not Delinquent	323,067	331,764
Carrying value of loans	323,695	332,548
Home equity lines of credit | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	368	558
Home equity lines of credit | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	260	226
Consumer: Credit cards | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	72	129
Total Loans Not Delinquent	18,001	18,966
Carrying value of loans	18,073	19,095
Consumer: Credit cards | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	28	82
Consumer: Credit cards | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	44	46
Consumer: Credit cards | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		1
Consumer: Overdrafts | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	205	230
Total Loans Not Delinquent	687	872
Carrying value of loans	892	1,102
Consumer: Overdrafts | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	203	223
Consumer: Overdrafts | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1	5
Consumer: Overdrafts | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1	2
Consumer: Automobile loan | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	35	28
Total Loans Not Delinquent	65,925	63,447
Carrying value of loans	65,960	63,475
Consumer: Automobile loan | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	35
Consumer: Automobile loan | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		28
Other consumer | Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	27	47
Total Loans Not Delinquent	51,249	46,595
Carrying value of loans	51,276	46,642
Other consumer | Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	19	27
Other consumer | Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4	7
Other consumer | Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4	13
Warehouse lines of credit | Core Banking Activities
Aging or recorded investments in loans
Total Loans Not Delinquent	558,787	468,695
Carrying value of loans	558,787	468,695
Easy Advances | Republic Processing Group
Aging or recorded investments in loans
Total Loans Delinquent	19,100
Total Loans Not Delinquent	3,600
Carrying value of loans	22,700
Easy Advances | Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	19,100
Other TRS loans | Republic Processing Group
Aging or recorded investments in loans
Total Loans Delinquent	11	10
Total Loans Not Delinquent	559	13,734
Carrying value of loans	570	13,744
Other TRS loans | Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	5	2
Other TRS loans | Republic Processing Group | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	3	4
Other TRS loans | Republic Processing Group | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	3	4
Republic Credit Solutions | Republic Processing Group
Aging or recorded investments in loans
Total Loans Delinquent	7,349	7,077
Total Loans Not Delinquent	85,647	81,667
Carrying value of loans	92,996	88,744
Republic Credit Solutions | Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	5,092	5,734
Republic Credit Solutions | Republic Processing Group | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,064	1,215
Republic Credit Solutions | Republic Processing Group | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 193	$ 128

LOANS AND ALLOWANCE FOR LOAN_11

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - IMPAIRED LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Impaired loans
Loans with no allocated Allowance	$ 17,332	$ 19,555
Loans with allocated Allowance	22,669	21,880
Total recorded investment in impaired loans	40,001	41,435
Amount of the allocated Allowance	3,594	3,764
PCI loan
Impaired loans
Total recorded investment in impaired loans	3,000	3,000
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	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 3,253	$ 3,300
Collectively evaluated for impairment	54,367	40,911
PCI loans with post acquisition impairment	341	464
Total ending allowance for loan losses	57,961	44,675	$ 52,341	$ 42,769
Impaired loans individually evaluated, excluding PCI loans	37,493	38,782
Loans collectively evaluated for impairment	4,258,683	4,106,765
PCI loans with post acquisition impairment	2,508	2,653
PCI loans without post acquisition impairment	26	27
Carrying value of loans	$ 4,298,710	$ 4,148,227
Allowance to Total Loans	1.35	1.08
Core Banking Activities
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 3,236	$ 3,282
Collectively evaluated for impairment	27,992	27,773
PCI loans with post acquisition impairment	341	464
Total ending allowance for loan losses	31,569	31,519	30,566	30,147
Impaired loans individually evaluated, excluding PCI loans	37,456	38,738
Loans collectively evaluated for impairment	4,142,454	4,004,321
PCI loans with post acquisition impairment	2,508	2,653
PCI loans without post acquisition impairment	26	27
Carrying value of loans	$ 4,182,444	$ 4,045,739
Allowance to Total Loans	0.75	0.78
Core Banking Activities | Warehouse lines of credit
Allowance for loans losses
Collectively evaluated for impairment	$ 1,397	$ 1,172
Total ending allowance for loan losses	1,397	1,172	1,335	1,314
Loans collectively evaluated for impairment	558,787	468,695
Carrying value of loans	$ 558,787	$ 468,695
Allowance to Total Loans	0.25	0.25
Traditional Banking
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 3,236	$ 3,282
Collectively evaluated for impairment	26,595	26,601
PCI loans with post acquisition impairment	341	464
Total ending allowance for loan losses	30,172	30,347	29,231	28,833
Impaired loans individually evaluated, excluding PCI loans	37,456	38,738
Loans collectively evaluated for impairment	3,583,667	3,535,626
PCI loans with post acquisition impairment	2,508	2,653
PCI loans without post acquisition impairment	26	27
Carrying value of loans	$ 3,623,657	$ 3,577,044
Allowance to Total Loans	0.83	0.85
Traditional Banking | Residential Real Estate - Owner Occupied
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 1,890	$ 2,052
Collectively evaluated for impairment	3,357	3,365
PCI loans with post acquisition impairment	332	381
Total ending allowance for loan losses	5,579	5,798	5,988	6,182
Impaired loans individually evaluated, excluding PCI loans	24,570	24,860
Loans collectively evaluated for impairment	880,163	880,500
PCI loans with post acquisition impairment	1,597	1,645
Carrying value of loans	$ 906,330	$ 907,005
Allowance to Total Loans	0.62	0.64
Traditional Banking | Residential Real Estate - Owner Occupied - Correspondent
Allowance for loans losses
Collectively evaluated for impairment	$ 222	$ 237
Total ending allowance for loan losses	222	237	278	292
Impaired loans individually evaluated, excluding PCI loans	862	382
Loans collectively evaluated for impairment	87,914	94,445
Carrying value of loans	$ 88,776	$ 94,827
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		$ 4
Collectively evaluated for impairment	$ 1,720	1,658
Total ending allowance for loan losses	1,720	1,662	1,461	1,396
Impaired loans individually evaluated, excluding PCI loans	1,802	2,406
Loans collectively evaluated for impairment	250,074	240,440
Carrying value of loans	$ 251,876	$ 242,846
Allowance to Total Loans	0.68	0.68
Traditional Banking | Commercial Real Estate
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 293	$ 294
Collectively evaluated for impairment	9,933	9,727
PCI loans with post acquisition impairment	9	9
Total ending allowance for loan losses	10,235	10,030	9,460	9,043
Impaired loans individually evaluated, excluding PCI loans	6,755	8,104
Loans collectively evaluated for impairment	1,269,547	1,239,915
PCI loans with post acquisition impairment	897	919
PCI loans without post acquisition impairment	2	2
Carrying value of loans	$ 1,277,201	$ 1,248,940
Allowance to Total Loans	0.80	0.80
Traditional Banking | Construction & land development
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 2	$ 4
Collectively evaluated for impairment	2,441	2,551
Total ending allowance for loan losses	2,443	2,555	2,720	2,364
Impaired loans individually evaluated, excluding PCI loans	63	65
Loans collectively evaluated for impairment	168,516	175,113
Carrying value of loans	$ 168,579	$ 175,178
Allowance to Total Loans	1.45	1.46
Traditional Banking | Commercial & industrial
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 256	$ 130
Collectively evaluated for impairment	2,979	2,743
Total ending allowance for loan losses	3,235	2,873	2,247	2,198
Impaired loans individually evaluated, excluding PCI loans	1,103	1,020
Loans collectively evaluated for impairment	455,580	429,310
PCI loans without post acquisition impairment	24	25
Carrying value of loans	$ 456,707	$ 430,355
Allowance to Total Loans	0.71	0.67
Traditional Banking | Lease Financing Receivables
Allowance for loans losses
Collectively evaluated for impairment	$ 150	$ 158
Total ending allowance for loan losses	150	158	165	174
Loans collectively evaluated for impairment	14,292	15,031
Carrying value of loans	$ 14,292	$ 15,031
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	$ 296	$ 286
Collectively evaluated for impairment	3,041	3,117
PCI loans with post acquisition impairment		74
Total ending allowance for loan losses	3,337	3,477	3,669	3,754
Impaired loans individually evaluated, excluding PCI loans	1,779	1,361
Loans collectively evaluated for impairment	321,904	331,101
PCI loans with post acquisition impairment	12	86
Carrying value of loans	$ 323,695	$ 332,548
Allowance to Total Loans	1.03	1.05
Traditional Banking | Consumer: Credit cards
Allowance for loans losses
Collectively evaluated for impairment	$ 1,079	$ 1,140
Total ending allowance for loan losses	1,079	1,140	756	607
Loans collectively evaluated for impairment	18,073	19,095
Carrying value of loans	$ 18,073	$ 19,095
Allowance to Total Loans	5.97	5.97
Traditional Banking | Consumer: Overdrafts
Allowance for loans losses
Collectively evaluated for impairment	$ 892	$ 1,102
Total ending allowance for loan losses	892	1,102	791	974
Loans collectively evaluated for impairment	892	1,102
Carrying value of loans	$ 892	$ 1,102
Allowance to Total Loans	100	100
Traditional Banking | Consumer: Automobile loan
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 115	$ 91
Collectively evaluated for impairment	653	633
Total ending allowance for loan losses	768	724	706	687
Impaired loans individually evaluated, excluding PCI loans	115	91
Loans collectively evaluated for impairment	65,845	63,384
Carrying value of loans	$ 65,960	$ 63,475
Allowance to Total Loans	1.16	1.14
Traditional Banking | Other consumer
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 384	$ 421
Collectively evaluated for impairment	128	170
Total ending allowance for loan losses	512	591	990	1,162
Impaired loans individually evaluated, excluding PCI loans	407	449
Loans collectively evaluated for impairment	50,867	46,190
PCI loans with post acquisition impairment	2	3
Carrying value of loans	$ 51,276	$ 46,642
Allowance to Total Loans	1	1.27
Republic Processing Group
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 17	$ 18
Collectively evaluated for impairment	26,375	13,138
Total ending allowance for loan losses	26,392	13,156	21,775	12,622
Impaired loans individually evaluated, excluding PCI loans	37	44
Loans collectively evaluated for impairment	116,229	102,444
Carrying value of loans	$ 116,266	$ 102,488
Allowance to Total Loans	22.70	12.84
Republic Processing Group | Easy Advances
Allowance for loans losses
Collectively evaluated for impairment	$ 13,381
Total ending allowance for loan losses	13,381		9,572
Loans collectively evaluated for impairment	22,700
Carrying value of loans	$ 22,700
Allowance to Total Loans	58.95
Republic Processing Group | Other TRS loans
Allowance for loans losses
Collectively evaluated for impairment	$ 149	$ 107
Total ending allowance for loan losses	149	107	125	12
Loans collectively evaluated for impairment	570	13,744
Carrying value of loans	$ 570	$ 13,744
Allowance to Total Loans	26.14	0.78
Republic Processing Group | Republic Credit Solutions
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans	$ 17	$ 18
Collectively evaluated for impairment	12,845	13,031
Total ending allowance for loan losses	12,862	13,049	$ 12,078	$ 12,610
Impaired loans individually evaluated, excluding PCI loans	37	44
Loans collectively evaluated for impairment	92,959	88,700
Carrying value of loans	$ 92,996	$ 88,744
Allowance to Total Loans	13.83	14.70

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
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Impaired loans with no allocated Allowance:
Recorded Investment	$ 17,332		$ 19,555
Impaired loans with allocated Allowance:
Recorded Investment	22,669		21,880
Allowance for Loan Losses Allocated	3,594		3,764
Total impaired loans
Unpaid Principal Balance	42,861		44,455
Recorded Investment	40,001		41,435
Allowance for Loan Losses Allocated	3,594		3,764
Average Recorded Investment	40,720	$ 46,777
Interest Income Recognized	308	367
Residential Real Estate - Owner Occupied
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	9,903		11,676
Recorded Investment	9,373		10,703
Average Recorded Investment	10,038	10,580
Interest Income Recognized	49	50
Impaired loans with allocated Allowance:
Unpaid Principal Balance	17,440		16,215
Recorded Investment	16,794		15,802
Allowance for Loan Losses Allocated	2,222		2,433
Average Recorded Investment	16,298	18,840
Interest Income Recognized	146	172
Total impaired loans
Allowance for Loan Losses Allocated	2,222		2,433
Residential Real Estate - Owner Occupied - Correspondent
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	862		382
Recorded Investment	862		382
Average Recorded Investment	622	192
Interest Income Recognized		4
Residential Real Estate - Non Owner Occupied
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	2,251		2,729
Recorded Investment	1,802		2,350
Average Recorded Investment	2,076	2,227
Interest Income Recognized	20	22
Impaired loans with allocated Allowance:
Unpaid Principal Balance			78
Recorded Investment			56
Allowance for Loan Losses Allocated			4
Average Recorded Investment	28	340
Interest Income Recognized		3
Total impaired loans
Allowance for Loan Losses Allocated			4
Commercial Real Estate
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	4,434		5,688
Recorded Investment	3,353		4,607
Average Recorded Investment	3,980	4,503
Interest Income Recognized	24	17
Impaired loans with allocated Allowance:
Unpaid Principal Balance	4,299		4,416
Recorded Investment	4,299		4,416
Allowance for Loan Losses Allocated	302		303
Average Recorded Investment	4,358	6,477
Interest Income Recognized	49	73
Total impaired loans
Allowance for Loan Losses Allocated	302		303
Construction & land development
Impaired loans with no allocated Allowance:
Average Recorded Investment		534
Interest Income Recognized		5
Impaired loans with allocated Allowance:
Unpaid Principal Balance	63		65
Recorded Investment	63		65
Allowance for Loan Losses Allocated	2		4
Average Recorded Investment	64	139
Interest Income Recognized		1
Total impaired loans
Allowance for Loan Losses Allocated	2		4
Commercial & industrial
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	740		712
Recorded Investment	632		604
Average Recorded Investment	618	366
Interest Income Recognized		3
Impaired loans with allocated Allowance:
Unpaid Principal Balance	471		416
Recorded Investment	471		416
Allowance for Loan Losses Allocated	256		130
Average Recorded Investment	444	188
Interest Income Recognized	8	1
Total impaired loans
Allowance for Loan Losses Allocated	256		130
Home equity lines of credit
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	1,326		919
Recorded Investment	1,283		876
Average Recorded Investment	1,080	828
Interest Income Recognized	5	3
Impaired loans with allocated Allowance:
Unpaid Principal Balance	509		572
Recorded Investment	508		571
Allowance for Loan Losses Allocated	296		360
Average Recorded Investment	540	802
Interest Income Recognized	2	7
Total impaired loans
Allowance for Loan Losses Allocated	296		360
Consumer
Impaired loans with no allocated Allowance:
Unpaid Principal Balance	27		33
Recorded Investment	27		33
Average Recorded Investment	30	39
Interest Income Recognized		1
Impaired loans with allocated Allowance:
Unpaid Principal Balance	536		554
Recorded Investment	534		554
Allowance for Loan Losses Allocated	516		530
Average Recorded Investment	544	722
Interest Income Recognized	5	$ 5
Total impaired loans
Allowance for Loan Losses Allocated	$ 516		$ 530

LOANS AND ALLOWANCE FOR LOAN_14

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - TDR ACCRUAL STATUS (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019USD ($)loan	Dec. 31, 2018USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans | loan	468	495
Recorded Investment | $	$ 30,522	$ 32,863
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	214	216
Recorded Investment | $	$ 22,918	$ 23,610
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	13	17
Recorded Investment | $	$ 6,131	$ 7,774
Construction & land development
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1
Recorded Investment | $	$ 63	$ 65
Commercial & industrial
Troubled Debt Restructurings disclosures
Number of Loans | loan	7	5
Recorded Investment | $	$ 991	$ 979
Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	233	256
Recorded Investment | $	$ 419	$ 435
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	66	65
Recorded Investment | $	$ 7,863	$ 8,152
Loans on nonaccrual status | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	59	60
Recorded Investment | $	$ 6,097	$ 6,378
Loans on nonaccrual status | Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	4	3
Recorded Investment | $	$ 1,196	$ 1,203
Loans on nonaccrual status | Commercial & industrial
Troubled Debt Restructurings disclosures
Number of Loans | loan	3	2
Recorded Investment | $	$ 570	$ 571
Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	402	430
Recorded Investment | $	$ 22,659	$ 24,711
Accrual Loans | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	155	156
Recorded Investment | $	$ 16,821	$ 17,232
Accrual Loans | Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	9	14
Recorded Investment | $	$ 4,935	$ 6,571
Accrual Loans | Construction & land development
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1
Recorded Investment | $	$ 63	$ 65
Accrual Loans | Commercial & industrial
Troubled Debt Restructurings disclosures
Number of Loans | loan	4	3
Recorded Investment | $	$ 421	$ 408
Accrual Loans | Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	233	256
Recorded Investment | $	$ 419	$ 435

LOANS AND ALLOWANCE FOR LOAN_15

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - TDR MODIFICATIONS (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2019USD ($)loan	Mar. 31, 2018USD ($)loan	Dec. 31, 2018USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans | loan	468		495
Recorded Investment	$ 30,522,000		$ 32,863,000
Commitments to lend any additional material amounts to existing TDR relationships	$ 0		$ 0
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	214		216
Recorded Investment	$ 22,918,000		$ 23,610,000
Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan	1		1
Recorded Investment	$ 970,000		$ 970,000
Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	151		157
Recorded Investment	$ 17,134,000		$ 17,870,000
Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	16		15
Recorded Investment	$ 2,997,000		$ 3,042,000
Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	46		43
Recorded Investment	$ 1,817,000		$ 1,728,000
Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan	21		23
Recorded Investment	$ 7,185,000		$ 8,818,000
Commercial Real Estate and Commercial Construction | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan	2		2
Recorded Investment	$ 735,000		$ 752,000
Commercial Real Estate and Commercial Construction | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	4		8
Recorded Investment	$ 1,403,000		$ 2,962,000
Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	14		12
Recorded Investment	$ 5,019,000		$ 5,076,000
Commercial Real Estate and Commercial Construction | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	1		1
Recorded Investment	$ 28,000		$ 28,000
Consumer and other
Troubled Debt Restructurings disclosures
Number of Loans | loan	233		256
Recorded Investment	$ 419,000		$ 435,000
Consumer and other | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	1		1
Recorded Investment	$ 18,000		$ 16,000
Consumer and other | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	232		255
Recorded Investment	$ 401,000		$ 419,000
Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	233		256
Recorded Investment	$ 419,000		$ 435,000
Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	13	7
Recorded Investment	$ 352,000	$ 1,889,000
Modified During The Period | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	10	3
Recorded Investment	$ 286,000	$ 1,811,000
Modified During The Period | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 85,000
Modified During The Period | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	2
Recorded Investment	$ 44,000	$ 1,726,000
Modified During The Period | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	8
Recorded Investment	$ 242,000
Modified During The Period | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	3
Recorded Investment	$ 48,000	$ 17,000
Modified During The Period | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	3
Recorded Investment	$ 48,000	$ 17,000
Modified During The Period | Consumer and other
Troubled Debt Restructurings disclosures
Number of Loans | loan	1
Recorded Investment	$ 18,000
Modified During The Period | Consumer and other | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	1
Recorded Investment	$ 18,000
Modified During The Period | Consumer loans
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 61,000
Modified During The Period | Consumer loans | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 61,000
Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan	443		469
Recorded Investment	$ 26,682,000		$ 28,788,000
Percentage of troubled debt restructurings performing as per terms of modifications	87.00%		88.00%
Specific reserve allocations made to customers	$ 3,000,000		$ 3,000,000
Percentage of Bank's TDRs that occurred during period, which were performing according to their modified terms	68.00%	67.00%
Specific reserve allocations made to customers whose loan terms were modified in TDRs during period	$ 52,000	$ 127,000
Performing Financing Receivable | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	191		191
Recorded Investment	$ 19,124,000		$ 19,563,000
Performing Financing Receivable | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	142		145
Recorded Investment	$ 16,318,000		$ 16,892,000
Performing Financing Receivable | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	11		11
Recorded Investment	$ 1,185,000		$ 1,171,000
Performing Financing Receivable | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	38		35
Recorded Investment	$ 1,621,000		$ 1,500,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan	20		22
Recorded Investment	$ 7,157,000		$ 8,790,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan	2		2
Recorded Investment	$ 735,000		$ 752,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	4		8
Recorded Investment	$ 1,403,000		$ 2,962,000
Performing Financing Receivable | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	14		12
Recorded Investment	$ 5,019,000		$ 5,076,000
Performing Financing Receivable | Consumer and other
Troubled Debt Restructurings disclosures
Number of Loans | loan	232		256
Recorded Investment	$ 401,000		$ 435,000
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	232		255
Recorded Investment	$ 401,000		$ 419,000
Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	9	4
Recorded Investment	$ 240,000	$ 1,268,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	7	1
Recorded Investment	$ 192,000	$ 1,204,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1
Recorded Investment	$ 33,000	$ 1,204,000
Performing Financing Receivable | Modified During The Period | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	6
Recorded Investment	$ 159,000
Performing Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	2
Recorded Investment	$ 48,000	$ 3,000
Performing Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	2
Recorded Investment	$ 48,000	$ 3,000
Performing Financing Receivable | Modified During The Period | Consumer loans
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 61,000
Performing Financing Receivable | Modified During The Period | Consumer loans | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 61,000
Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan	25		26
Recorded Investment	$ 3,840,000		$ 4,075,000
Nonperforming Financing Receivable | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	23		25
Recorded Investment	$ 3,794,000		$ 4,047,000
Nonperforming Financing Receivable | Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan	1		1
Recorded Investment	$ 970,000		$ 970,000
Nonperforming Financing Receivable | Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	9		12
Recorded Investment	$ 816,000		$ 978,000
Nonperforming Financing Receivable | Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	5		4
Recorded Investment	$ 1,812,000		$ 1,871,000
Nonperforming Financing Receivable | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	8		8
Recorded Investment	$ 196,000		$ 228,000
Nonperforming Financing Receivable | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan	1		1
Recorded Investment	$ 28,000		$ 28,000
Nonperforming Financing Receivable | Commercial Real Estate and Commercial Construction | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	1		1
Recorded Investment	$ 28,000		$ 28,000
Nonperforming Financing Receivable | Consumer and other
Troubled Debt Restructurings disclosures
Number of Loans | loan	1
Recorded Investment	$ 18,000
Nonperforming Financing Receivable | Consumer and other | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	1
Recorded Investment	$ 18,000
Nonperforming Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	4	3
Recorded Investment	$ 112,000	$ 621,000
Nonperforming Financing Receivable | Modified During The Period | Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	3	2
Recorded Investment	$ 94,000	$ 607,000
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	1	1
Recorded Investment	$ 11,000	$ 522,000
Nonperforming Financing Receivable | Modified During The Period | Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	2
Recorded Investment	$ 83,000
Nonperforming Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 14,000
Nonperforming Financing Receivable | Modified During The Period | Commercial Real Estate and Commercial Construction | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 14,000
Nonperforming Financing Receivable | Modified During The Period | Consumer and other
Troubled Debt Restructurings disclosures
Number of Loans | loan	1
Recorded Investment	$ 18,000
Nonperforming Financing Receivable | Modified During The Period | Consumer and other | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	1
Recorded Investment	$ 18,000

LOANS AND ALLOWANCE FOR LOAN_16

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - TDR MODIFIED CLASS (Details) Unit13 in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)loan	Mar. 31, 2018USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans with payment default	4	2
Recorded Investment with payment default	$ 112	$ 536
Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	1	1
Recorded Investment with payment default	$ 47	$ 522
Commercial & industrial
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan		1
Recorded Investment with payment default		$ 14
Home equity lines of credit
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	2
Recorded Investment with payment default	$ 47
Consumer
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	1
Recorded Investment with payment default	$ 18

LOANS AND ALLOWANCE FOR LOAN_17

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - FORECLOSED PROPERTIES (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 216	$ 160
Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 216	$ 160

LOANS AND ALLOWANCE FOR LOAN_18

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES - FORECLOSURE RECORDED INVESTMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Recorded investment in residential and consumer loans based on payment activity
Loans and Leases Receivable Gross Carrying Amount	$ 4,298,710	$ 4,148,227
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	$ 2,776	$ 3,293

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		6 Months Ended
	Feb. 28, 2019	Feb. 28, 2018	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	Jun. 30, 2018
Period Easy Advance tax credit product offered	2 months	2 months
Easy Advances originated			$ 388,970	$ 430,210
Net Charge (Credit) to the Provision for Easy Advances			$ 13,381	$ 13,277
Provision to total Easy Advances originated			3.44%	3.09%
Easy Advances net charged offs				$ 3,705
Percentage of Easy Advances net charge-offs to Total Easy Advances Originated				0.86%
Duration of unpaid EA's write off			111 days		111 days	60 days

DEPOSITS - Balances (Details)

DEPOSITS - Balances (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Deposit Liabilities
Total interest-bearing deposits	$ 2,589,836	$ 2,452,176
Total non interest-bearing deposits	1,184,480	1,003,969
Total deposits	3,774,316	3,456,145
Core Banking Activities
Deposit Liabilities
Demand	956,269	937,402
Money market accounts	750,796	717,954
Savings	194,279	187,868
Individual retirement accounts	54,491	53,524
Time deposits, $250 and over	92,177	84,104
Other certificates of deposit	252,218	239,324
Reciprocal money market and time deposits	189,428	217,153
Brokered deposits	9,996	9,394
Total interest-bearing deposits	2,499,654	2,446,723
Total non interest-bearing deposits	1,004,151	971,422
Total deposits	3,503,805	3,418,145
Republic Processing Group
Deposit Liabilities
Money market accounts	90,181	5,453
Total interest-bearing deposits	90,181	5,453
Other noninterest-bearing deposits	144,720	28,197
Brokered prepaid cards deposits	35,610	4,350
Total non interest-bearing deposits	180,330	32,547
Total deposits	$ 270,511	$ 38,000

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Securities sold under agreements to repurchase
Outstanding balance at end of period	$ 173,168		$ 182,990
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase
Securities pledged more than repurchase agreements (as a percent)	2.00%
Outstanding balance at end of period	$ 173,168		$ 182,990
Weighted average interest rate at end of period (as a percent)	0.76%		0.83%
Fair Value of securities pledged	$ 197,525		$ 205,647
Average outstanding balance during the period	$ 231,602	$ 257,439
Average interest rate during the period (as a percent)	0.73%	0.33%
Maximum outstanding at any month end during the period	$ 219,700	$ 215,281
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	134,472		110,854
Securities sold under agreements to repurchase | Mortgage backed securities - residential
Securities sold under agreements to repurchase
Fair Value of securities pledged	60,169		84,657
Securities sold under agreements to repurchase | Collateralized mortgage obligations
Securities sold under agreements to repurchase
Fair Value of securities pledged	$ 2,884		$ 10,136

RIGHT-OF-USE ASSETS AND OPERA_3

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Details)	Jan. 01, 2019USD ($)contractitem	Mar. 31, 2019USD ($)contractitem
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Practical expedient - package	true
Practical expedient - hindsight	true
Number of separate and distinct operating lease contracts to lease the land and/or buildings | contract	50
Number of offices where separate and distinct operating lease contracts to lease the land and/or buildings is held | item	38
Number of operating leases contracted with a related party of the Company | contract	15
Total operating lease liabilities		$ 40,203,000
Total right-of-use assets		$ 38,738,000
Number of operating leases considered variable | item		25
Number of lease contracts which had not commenced | contract		2
Number of banking centers where lease had not commenced | item		1
Number of LPOs where lease had not commenced | item		1
Operating lease liabilities		$ 600,000
Offsetting right-of-use assets		$ 600,000
ASU 2016-02 | Restatement
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Total operating lease liabilities	$ 42,000,000
Total right-of-use assets	$ 40,000,000
Minimum
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Expected remaining lease terms	9 months
Discounts rates	2.94%
Maximum
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Expected remaining lease terms	18 years 6 months 4 days
Discounts rates	3.70%
Weighted Average
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Expected remaining lease terms	8 years 7 months 6 days
Discounts rates	3.48%

RIGHT-OF-USE ASSETS AND OPERA_4

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES - OPERATING LEASE EXPENSE (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Operating lease expense:
Total operating lease expense	$ 1,781
Cash paid for amounts included in the measurement of operating lease liabilities	$ 1,803
Weighted average remaining term in years	8 years 5 months 23 days
Weighted average discount rate	3.48%
Related Party
Operating lease expense:
Variable lease expense	$ 1,158
Fixed lease expense	23
Third Party
Operating lease expense:
Variable lease expense	224
Fixed lease expense	361
Short-term lease expense	$ 15

RIGHT-OF-USE ASSETS AND OPERA_5

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES - OPERATING LEASE LIABILITIES (Details) $ in Thousands	Mar. 31, 2019USD ($)
Operating lease liabilities
Remainder of 2019	$ 5,470
2020	7,165
2021	6,520
2022	5,228
2023	4,689
Thereafter	18,487
Total undiscounted cash flows	47,559
Discount applied to cash flows	(7,356)
Total operating lease liabilities	40,203
Related Party
Operating lease liabilities
Remainder of 2019	3,474
2020	4,590
2021	4,175
2022	3,312
2023	3,312
Thereafter	15,914
Total undiscounted cash flows	34,777
Discount applied to cash flows	(5,301)
Total operating lease liabilities	29,476
Third Party
Operating lease liabilities
Remainder of 2019	1,996
2020	2,575
2021	2,345
2022	1,916
2023	1,377
Thereafter	2,573
Total undiscounted cash flows	12,782
Discount applied to cash flows	(2,055)
Total operating lease liabilities	$ 10,727

FEDERAL HOME LOAN BANK ADVANC_3

FEDERAL HOME LOAN BANK ADVANCES - FHLB ADVANCES (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
FHLB advances
Total FHLB advances	$ 560,000	$ 810,000
Additional collateralized advances available	502,000	254,000
Overnight advance
FHLB advances
Total FHLB advances	270,000	510,000
Variable interest rate advance indexed to 3-Month LIBOR plus 0.14%
FHLB advances
Total FHLB advances	$ 10,000	$ 10,000
Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% | 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	$ 280,000	$ 290,000
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	Mar. 31, 2019	Dec. 31, 2018
FEDERAL HOME LOAN BANK ADVANCES
Remainder of 2019 (Overnight)	$ 270,000
2019 (Term)	100,000
2020	120,000
2021	30,000
2022	20,000
2023	20,000
Total	$ 560,000	$ 810,000
Weighted Average Rate
Remainder of 2019 (Overnight)	2.51%
2019 (Term)	1.89%
2020	1.81%
2021	1.93%
2022	2.12%
2023	2.56%
Total	2.21%

FEDERAL HOME LOAN BANK ADVANC_5

FEDERAL HOME LOAN BANK ADVANCES - SHORT-TERM FHLB ADVANCES (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
FHLB advances
Federal Home Loan Bank advances	$ 560,000		$ 810,000
Interest rate (as percent)	2.21%
Federal Home Loan Bank overnight advances
FHLB advances
Average outstanding balance during the period	$ 214,167	$ 144,899
Average interest rate during the period (as percent)	2.48%	1.44%
Maximum outstanding at any month end during the period	$ 320,000	$ 560,000

FEDERAL HOME LOAN BANK ADVANC_6

FEDERAL HOME LOAN BANK ADVANCES - LOANS PLEDGED (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
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	$ 1,132,770	$ 1,129,588
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	$ 304,170	$ 311,419

OFF BALANCE SHEET RISKS, COMM_3

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Commitments and letters of credit
Loan commitment, line credit	$ 1,644,120	$ 1,709,869
Unused warehouse lines of credit
Commitments and letters of credit
Loan commitment, line credit	490,213	591,305
Unused home equity lines of credit
Commitments and letters of credit
Loan commitment, line credit	380,012	377,277
Unused loan commitments - other
Commitments and letters of credit
Loan commitment, line credit	752,577	720,645
Standby letters of credit
Commitments and letters of credit
Loan commitment, line credit	11,318	10,642
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 Millions	3 Months Ended	27 Months Ended
	Jun. 30, 2018USD ($)	Mar. 31, 2018	Mar. 31, 2019item	Dec. 31, 2018item
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 | $	$ 2.2
Mortgage Servicing Rights
Assets and Liabilities Measured on Recurring Basis
Number of tranches carried at fair value | item			0	0

FAIR VALUE - RECURRING BASIS (D

FAIR VALUE - RECURRING BASIS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017
Financial assets:
Available-for-sale debt securities	$ 430,600		$ 475,738
Mortgage loans held for sale, at fair value	11,313	$ 4,496	8,971	$ 5,761
Consumer loans held for investment	1,718		1,922
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	3,095		2,806
U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities	178,757		216,873
Private label mortgage backed security
Financial assets:
Available-for-sale debt securities	3,659		3,712
Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities	163,068		169,209
Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities	71,322		72,811
Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	662		410
Community Reinvestment Act mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,433		2,396
Corporate bonds
Financial assets:
Available-for-sale debt securities	9,694		9,058
Trust preferred security
Financial assets:
Available-for-sale debt securities	4,100		4,075
Recurring basis
Financial assets:
Available-for-sale debt securities	430,600		475,738
Mortgage loans held for sale, at fair value	11,313		8,971
Consumer loans held for investment	1,718		1,922
Rate lock loan commitments	843		356
Interest rate swap agreements	2,260		1,264
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	3,095		2,806
Financial Liabilities:
Mandatory forward contracts	282		262
Interest rate swap agreements	2,234		1,149
Transfers between Level 1, 2 or 3	0	$ 0
Recurring basis | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities	178,757		216,873
Recurring basis | Private label mortgage backed security
Financial assets:
Available-for-sale debt securities	3,659		3,712
Recurring basis | Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities	163,068		169,209
Recurring basis | Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities	71,322		72,811
Recurring basis | Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	662		410
Recurring basis | Community Reinvestment Act mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,433		2,396
Recurring basis | Corporate bonds
Financial assets:
Available-for-sale debt securities	9,694		9,058
Recurring basis | Trust preferred security
Financial assets:
Available-for-sale debt securities	4,100		4,075
Recurring basis | Fair Value, Inputs, Level 1
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,433		2,396
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	2,433		2,396
Recurring basis | Fair Value, Inputs, Level 2
Financial assets:
Available-for-sale debt securities	422,841		467,951
Mortgage loans held for sale, at fair value	11,313		8,971
Rate lock loan commitments	843		356
Interest rate swap agreements	2,260		1,264
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	662		410
Financial Liabilities:
Mandatory forward contracts	282		262
Interest rate swap agreements	2,234		1,149
Recurring basis | Fair Value, Inputs, Level 2 | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities	178,757		216,873
Recurring basis | Fair Value, Inputs, Level 2 | Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities	163,068		169,209
Recurring basis | Fair Value, Inputs, Level 2 | Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities	71,322		72,811
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	662		410
Recurring basis | Fair Value, Inputs, Level 2 | Corporate bonds
Financial assets:
Available-for-sale debt securities	9,694		9,058
Recurring basis | Fair Value, Inputs, Level 3
Financial assets:
Available-for-sale debt securities	7,759		7,787
Consumer loans held for investment	1,718		1,922
Recurring basis | Fair Value, Inputs, Level 3 | Private label mortgage backed security
Financial assets:
Available-for-sale debt securities	3,659		3,712
Recurring basis | Fair Value, Inputs, Level 3 | Trust preferred security
Financial assets:
Available-for-sale debt securities	$ 4,100		$ 4,075

FAIR VALUE - RECONCILIATION USI

FAIR VALUE - RECONCILIATION USING SIGNIFICANT UNOBSERVABLE INPUTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Private label mortgage backed security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	$ 3,712	$ 4,449
Net change in unrealized gain	(33)	(2)
Recovery of actual losses previously recorded	37	38
Principal paydowns	(57)	(365)
Balance, end of period	3,659	4,120
Trust preferred security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	4,075	3,600
Discount accretion	10	10
Net change in unrealized gain	15	290
Balance, end of period	$ 4,100	$ 3,900

FAIR VALUE - RECURRING LEVEL 3

FAIR VALUE - RECURRING LEVEL 3 MEASUREMENTS (Details)	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Fair value inputs quantitative information
Consumer loans held for investment	$ 1,718,000	$ 1,922,000
Recurring basis
Fair value inputs quantitative information
Consumer loans held for investment	1,718,000	1,922,000
Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Consumer loans held for investment	1,718,000	1,922,000
Private label mortgage backed security | Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Mortgage backed security fair value	$ 3,659,000	$ 3,712,000
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	4.5	6.5
Private label mortgage backed security | Minimum | Recurring basis | Probability of default | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage	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	50	50
Private label mortgage backed security | Maximum | Recurring basis | Constant Prepayment Rate | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage	5.8	8.9
Private label mortgage backed security | Maximum | Recurring basis | Probability of default | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage	5	4.7
Private label mortgage backed security | Maximum | Recurring basis | Loss Severity | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage	75	75
Consumer loans
Fair value inputs quantitative information
Consumer loans held for investment	$ 1,718,000	$ 1,922,000
Consumer loans | Recurring basis | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Consumer loans held for investment	$ 1,718,000	$ 1,922,000
Valuation technique	us-gaap:ValuationTechniqueDiscountedCashFlowMember	us-gaap:ValuationTechniqueDiscountedCashFlowMember
Consumer loans | Recurring basis | Constant Prepayment Rate | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage	15	15
Consumer loans | Recurring basis | Probability of default | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage	48	45
Consumer loans | Recurring basis | Loss Severity | Fair Value, Inputs, Level 3
Fair value inputs quantitative information
Measurable input percentage	24	20

FAIR VALUE - GAINS AND LOSSES (

FAIR VALUE - GAINS AND LOSSES (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019USD ($)loan	Dec. 31, 2018USD ($)loan	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Fair Value, Option
Aggregate fair value of mortgage loan	$ 11,313	$ 8,971	$ 4,496	$ 5,761
Consumer loans held for investment	1,718	1,922
Contractual balance	$ 4,297,610	$ 4,147,249
Mortgage loans held for sale
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual | loan	0	0
Aggregate fair value of mortgage loan	$ 11,313	$ 8,971
Contractual balance	11,100	8,676
Unrealized (loss) gain	213	295
Gains (losses) from changes in fair value included in earnings	20	63
Mortgage loans held for sale | Interest Income
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	102	72
Mortgage loans held for sale | Change In Fair Value
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	$ (82)	$ (9)
Consumer loans
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual | loan	0	0
Consumer loans held for investment	$ 1,718	$ 1,922
Contractual balance	1,948	2,170
Unrealized (loss) gain	(230)	(248)
Gains (losses) from changes in fair value included in earnings	129	162
Consumer loans | Interest Income
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	111	176
Consumer loans | Change In Fair Value
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	$ 18	$ (14)

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NON-RECURRING BASIS (Details) - Nonrecurring basis - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 7,282	$ 7,935
Consumer Loans Held For Sale
Fair Value Disclosures
Impaired loan on non-recurring basis		1,249
Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	4,570	4,708
Residential Real Estate - Non Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	567	1,007
Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	1,220	1,255
Commercial & industrial
Fair Value Disclosures
Impaired loan on non-recurring basis	574	609
Home equity lines of credit
Fair Value Disclosures
Impaired loan on non-recurring basis	351	356
Premises
Fair Value Disclosures
Impaired loan on non-recurring basis	1,618	1,694
Fair Value, Inputs, Level 3
Fair Value Disclosures
Impaired loan on non-recurring basis	7,282	7,935
Fair Value, Inputs, Level 3 | Consumer Loans Held For Sale
Fair Value Disclosures
Impaired loan on non-recurring basis		1,249
Fair Value, Inputs, Level 3 | Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	4,570	4,708
Fair Value, Inputs, Level 3 | Residential Real Estate - Non Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	567	1,007
Fair Value, Inputs, Level 3 | Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	1,220	1,255
Fair Value, Inputs, Level 3 | Commercial & industrial
Fair Value Disclosures
Impaired loan on non-recurring basis	574	609
Fair Value, Inputs, Level 3 | Home equity lines of credit
Fair Value Disclosures
Impaired loan on non-recurring basis	351	356
Fair Value, Inputs, Level 3 | Premises
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 1,618	$ 1,694

FAIR VALUE - NON-RECURRING LEVE

FAIR VALUE - NON-RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 - Nonrecurring basis $ in Thousands	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)
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
Consumer Loans Held For Sale | Residential Real Estate - Owner Occupied | Sale comparison approach
Fair value inputs quantitative information
Fair Value		$ 1,249
Impaired Loans | Residential Real Estate - Owner Occupied | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 4,570	$ 4,708
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	62	62
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	8	30
Impaired Loans | Residential Real Estate - Non Owner Occupied | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 567	$ 1,007
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	12	27
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	11	54
Impaired Loans | Commercial Real Estate | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 1,220	$ 123
Impaired Loans | Commercial Real Estate | Income approach
Fair value inputs quantitative information
Fair Value		$ 1,132
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Sale comparison approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		21
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	13
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	25
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
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Income approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		17
Impaired Loans | Commercial & industrial | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 574	$ 609
Impaired Loans | Commercial & industrial | Comparability Adjustment | Sale comparison approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	3	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	3
Impaired Loans | Home equity lines of credit | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 351	$ 356
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	0	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	22	22
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	2	8
Premises | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 1,618	$ 1,694
Premises | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	30	27
Premises | Comparability Adjustment | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	73	72
Premises | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	43	40

FAIR VALUE - IMPAIRED LOANS (De

FAIR VALUE - IMPAIRED LOANS (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Impaired loans
Carrying amount of loans measured at fair value	$ 22,669	$ 21,880
Valuation allowance	(3,594)	(3,764)
Nonrecurring basis
Impaired loans
Total fair value	7,282	7,935
Fair Value, Inputs, Level 3 | Nonrecurring basis
Impaired loans
Carrying amount of loans measured at fair value	6,761	7,380
Estimated selling costs considered in carrying amount	881	913
Valuation allowance	(360)	(358)
Total fair value	7,282	7,935
Provision for impairment on loan, lease and other losses
Provisions on collateral-dependent, impaired loans	$ 14	$ 429

FAIR VALUE - PREMISES AND EQUIP

FAIR VALUE - PREMISES AND EQUIPMENT (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)item	Mar. 31, 2018USD ($)	Dec. 31, 2018item
Premises, Held for Sale
Number of former banking centers classified as held for sale | item	3		3
Impairment charges on premises | $	$ 66	$ 104

FAIR VALUE - CARRYING AMOUNTS A

FAIR VALUE - CARRYING AMOUNTS AND FV OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Assets:
Available-for-sale debt securities	$ 430,600	$ 475,738
Securities to be held to maturity	65,129	64,858
Equity securities with readily determinable fair value	3,095	2,806
Mortgage loans held for sale, at fair value	11,313	8,971	$ 4,496	$ 5,761
Consumer loans held for sale, at the lower of cost or fair value	12,864	12,838	$ 7,380	$ 8,551
Loans, net	1,718	1,922
Right-of-use assets	38,738
Liabilities:
Operating lease liabilities	40,203
Carrying Value
Assets:
Cash and cash equivalents	345,512	351,474
Available-for-sale debt securities	430,600	475,738
Securities to be held to maturity	64,623	65,227
Equity securities with readily determinable fair value	3,095	2,806
Mortgage loans held for sale, at fair value	11,313	8,971
Consumer loans held for sale, at the lower of cost or fair value	12,864	12,838
Loans, net	4,240,749	4,103,552
Federal Home Loan Bank stock	29,965	32,067
Accrued interest receivable	14,256	13,942
Rate lock loan commitments	843	356
Interest rate swap agreements	2,260	1,264
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	173,168	182,990
Federal Home Loan Bank advances	560,000	810,000
Subordinated note	41,240	41,240
Accrued interest payable	1,620	1,084
Mandatory forward contracts	282	262
Interest rate swap agreements	2,234	1,149
Carrying Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,184,480	1,003,969
Carrying Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,056,556	2,035,701
Carrying Value | Time deposits.
Liabilities:
Deposit liabilities, fair value	533,280	416,475
Total Fair Value
Assets:
Cash and cash equivalents	345,512	351,474
Available-for-sale debt securities	430,600	475,738
Securities to be held to maturity	65,129	64,858
Equity securities with readily determinable fair value	3,095	2,806
Mortgage loans held for sale, at fair value	11,313	8,971
Consumer loans held for sale, at the lower of cost or fair value	12,864	12,838
Loans, net	4,231,349	4,062,457
Accrued interest receivable	14,256	13,942
Rate lock loan commitments	843	356
Interest rate swap agreements	2,260	1,264
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	173,168	182,990
Federal Home Loan Bank advances	556,003	804,251
Subordinated note	32,672	33,724
Accrued interest payable	1,620	1,084
Mandatory forward contracts	282	262
Interest rate swap agreements	2,234	1,149
Total Fair Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,184,480	1,003,969
Total Fair Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,056,556	2,035,701
Total Fair Value | Time deposits.
Liabilities:
Deposit liabilities, fair value	531,373	412,477
Total Fair Value | Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	345,512	351,474
Equity securities with readily determinable fair value	2,433	2,396
Total Fair Value | Fair Value, Inputs, Level 2
Assets:
Available-for-sale debt securities	422,841	467,951
Securities to be held to maturity	65,129	64,858
Equity securities with readily determinable fair value	662	410
Mortgage loans held for sale, at fair value	11,313	8,971
Consumer loans held for sale, at the lower of cost or fair value	12,864	12,838
Accrued interest receivable	14,256	13,942
Rate lock loan commitments	843	356
Interest rate swap agreements	2,260	1,264
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	173,168	182,990
Federal Home Loan Bank advances	556,003	804,251
Subordinated note	32,672	33,724
Accrued interest payable	1,620	1,084
Mandatory forward contracts	282	262
Interest rate swap agreements	2,234	1,149
Total Fair Value | Fair Value, Inputs, Level 2 | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,184,480	1,003,969
Total Fair Value | Fair Value, Inputs, Level 2 | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,056,556	2,035,701
Total Fair Value | Fair Value, Inputs, Level 2 | Time deposits.
Liabilities:
Deposit liabilities, fair value	531,373	412,477
Total Fair Value | Fair Value, Inputs, Level 3
Assets:
Available-for-sale debt securities	7,759	7,787
Loans, net	$ 4,231,349	$ 4,062,457

MORTGAGE BANKING ACTIVITIES - M

MORTGAGE BANKING ACTIVITIES - MORTGAGE LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 8,971	$ 5,761
Origination of mortgage loans held for sale	40,714	29,410
Proceeds from the sale of mortgage loans held for sale	(39,632)	(31,452)
Net gain on sale of mortgage loans held for sale	1,260	777
Balance, end of period	$ 11,313	$ 4,496

MORTGAGE BANKING ACTIVITIES - C

MORTGAGE BANKING ACTIVITIES - COMPONENTS OF INCOME (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Mortgage servicing rights
Net gain realized on sale of mortgage loans held for sale	$ 875	$ 597
Net gain recognized	1,260	777
Loan servicing income	601	605
Amortization of mortgage servicing rights	(322)	(362)
Net servicing income recognized	279	243
Total Mortgage banking income	1,539	1,020
Mortgage loans held for sale
Mortgage servicing rights
Net change in fair value	(82)	(9)
Rate lock loan commitments
Mortgage servicing rights
Net change in fair value	487	133
Mandatory forward contracts
Mortgage servicing rights
Net change in fair value	$ (20)	$ 56

MORTGAGE BANKING ACTIVITIES -_2

MORTGAGE BANKING ACTIVITIES - CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 4,919	$ 5,044
Additions	338	243
Amortized to expense	(322)	(362)
Balance, end of period	4,935	4,925
Change in valuation allowance	$ 0	$ 0

MORTGAGE BANKING ACTIVITIES - O

MORTGAGE BANKING ACTIVITIES - OTHER INFORMATION RELATING TO MSRS (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
MORTGAGE BANKING ACTIVITIES
Fair value of mortgage servicing rights portfolio	$ 8,399	$ 9,357
Monthly weighted average prepayment rate of unpaid principle balance (as percent)	202.00%	160.00%
Discount rate (as percent)	10.00%	10.00%
Weighted average default rate (as percent)	3.10%	4.25%
Weighted average life in years	5 years 8 months 9 days	6 years 3 months 26 days

MORTGAGE BANKING ACTIVITIES - N

MORTGAGE BANKING ACTIVITIES - NOTIONAL AMOUNTS AND FV (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Mortgage servicing rights
Derivative instruments expiration period	90 days
Mortgage loans held for sale
Information about derivatives and swaps
Derivative Assets, Notional Amount	$ 11,100	$ 8,676
Fair Value, Assets	11,313	8,971
Rate lock loan commitments
Information about derivatives and swaps
Derivative Assets, Notional Amount	39,002	14,788
Fair Value, Assets	843	356
Mandatory forward contracts
Information about derivatives and swaps
Derivative Liabilities, Notional Amount	42,061	20,063
Fair Value, Liabilities	$ 282	$ 262

INTEREST RATE SWAPS - CASH FLOW

INTEREST RATE SWAPS - CASH FLOW HEDGES (Details) - Interest rate swap - Cash flow hedge $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2013DerivativeInstrument
Information about derivatives and swaps
Number of derivative agreements | DerivativeInstrument			2
Summary information about interest rate swaps
Notional amount	$ 20,000
Assets / (Liabilities)	26	$ 115
Unrealized Gain (Loss) in AOCI	20	90
1-month LIBOR
Summary information about interest rate swaps
Notional amount	$ 10,000
Pay rate (as a percent)	2.17%
Assets / (Liabilities)	$ 16	58
Unrealized Gain (Loss) in AOCI	12	45
3-month LIBOR
Summary information about interest rate swaps
Notional amount	$ 10,000
Pay rate (as a percent)	2.33%
Assets / (Liabilities)	$ 10	57
Unrealized Gain (Loss) in AOCI	$ 8	$ 45

INTEREST RATE SWAPS - INTEREST

INTEREST RATE SWAPS - INTEREST EXPENSE (Details) - Interest rate swap - Cash flow hedge - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Information about derivatives and swaps
Interest expense swap on money market deposits	$ (8)	$ 14
Interest expense swap on FHLB Advance	(11)	12
Total interest (benefit) expense on swap transactions	$ (19)	$ 26

INTEREST RATE SWAPS - GAINS (LO

INTEREST RATE SWAPS - GAINS (LOSSES) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Information about derivatives and swaps
(Gains) losses recognized in OCI on derivative (effective portion)	$ (69)	$ 199
Interest rate swap | Cash flow hedge
Information about derivatives and swaps
(Gains) losses recognized in OCI on derivative (effective portion)	(69)	199
Gains (losses) reclassified from OCI on derivative (effective portion)	19	(26)
Gains (losses) recognized in income on derivative (ineffective portion)	$ 0	$ 0

INTEREST RATE SWAPS - NON-HEDGE

INTEREST RATE SWAPS - NON-HEDGE (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Information about derivatives and swaps
Fair value of securities pledged as collateral	$ 228,414	$ 240,700
Counterparty
Information about derivatives and swaps
Fair value of securities pledged as collateral	2,000	0
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	167,096	162,232
Interest rate swap | Non-Hedge | Bank Clients
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	69,896	26,398
Interest rate swaps with Bank clients - Liabilities, Notional Amount	13,652	54,718
Interest rate swaps with Bank clients - Total, Notional Amount	83,548	81,116
Interest rate swaps with Bank clients - Assets, Fair Value	2,260	1,264
Interest rate swaps with Bank clients - Liabilities, Fair Value	(60)	(908)
Interest rate swaps with Bank clients - Total, Fair Value	2,200	356
Interest rate swap | Non-Hedge | Counterparty
Information about derivatives and swaps
Interest rate swaps with Bank clients - Total, Notional Amount	83,548	81,116
Interest rate swaps with Bank clients - Total, Fair Value	$ (2,200)	$ (356)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
EARNINGS PER SHARE
Net income	$ 29,516	$ 27,469
Dividends declared on Common Stock:
Undistributed net income for basic earnings per share	24,052	22,458
Weighted average potential dividends on Class A shares upon exercise of dilutive options	(35)	(24)
Undistributed net income for diluted earnings per share	$ 24,017	$ 22,434
Weighted average shares outstanding:
Effect of dilutive securities on Class A Shares outstanding	133,000	98,000
Weighted average shares outstanding including dilutive securities	21,106,000	21,018,000
Stock option
Diluted earnings per share:
Antidilutive stock options (in shares)	163,000	4,500
Stock option | Weighted Average
Diluted earnings per share:
Antidilutive stock options (in shares)	162,000	4,500
Class A Common Stock
EARNINGS PER SHARE
Cash dividend premium per share (as a percent)	10.00%
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (4,933)	$ (4,517)
Weighted average shares outstanding:
Weighted average shares outstanding	18,761,000	18,677,000
Basic earnings per share:
Per share dividends distributed	$ 0.26	$ 0.24
Undistributed earnings per share	1.16	1.08
Total basic earnings per share	1.42	1.32
Diluted earnings per share:
Per share dividends distributed	0.26	0.24
Undistributed earnings per share	1.15	1.08
Total diluted earnings per share	$ 1.41	$ 1.32
Class B Common Stock
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (531)	$ (494)
Weighted average shares outstanding:
Weighted average shares outstanding	2,212,000	2,243,000
Basic earnings per share:
Per share dividends distributed	$ 0.24	$ 0.22
Undistributed earnings per share	1.05	0.99
Total basic earnings per share	1.29	1.21
Diluted earnings per share:
Per share dividends distributed	0.24	0.22
Undistributed earnings per share	1.04	0.98
Total diluted earnings per share	$ 1.28	$ 1.20

OTHER COMPREHENSIVE INCOME - CO

OTHER COMPREHENSIVE INCOME - COMPONENTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Available for Sale Securities:
Change in unrealized (loss) gain on AFS debt securities	$ 3,659	$ (2,117)
Adjustment for adoption of ASU 2016-01		(428)
Change in unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings	(33)	(2)
Net unrealized (losses) gains	3,626	(2,547)
Tax effect	(762)	535
Net of tax	2,864	(2,012)
Cash Flow Hedges:
Change in fair value of derivatives used for cash flow hedges	(69)	199
Reclassification amount for net derivative losses realized in income	(19)	26
Net unrealized gains	(88)	225
Tax effect	18	(46)
Net of tax	(70)	179
Total other comprehensive income (loss), net of tax	$ 2,794	$ (1,833)

OTHER COMPREHENSIVE INCOME - RE

OTHER COMPREHENSIVE INCOME - RECLASSIFICATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Significant amounts reclassified out of each component of AOCI
Interest benefit (expense) on deposits	$ (6,748)	$ (3,360)
Interest benefit (expense) on FHLB advances	(2,730)	(2,274)
Total interest expense	(10,334)	(6,168)
Income tax (benefit) expense	(7,460)	(7,441)
NET INCOME	29,516	27,469
Unrealized gain (loss) on cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income
Significant amounts reclassified out of each component of AOCI
Interest benefit (expense) on deposits	8	(14)
Interest benefit (expense) on FHLB advances	11	(12)
Total interest expense	19	(26)
Income tax (benefit) expense	(4)	5
NET INCOME	$ 15	$ (21)

OTHER COMPREHENSIVE INCOME - AO

OTHER COMPREHENSIVE INCOME - AOCI Changes (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Summary of the AOCI balances, net of tax
Balance at beginning of period	$ 689,934	$ 632,424
Current Year Change	2,794	(1,833)
Balance at end of period	717,091	653,254
Accumulated Other Comprehensive Income
Summary of the AOCI balances, net of tax
Balance at beginning of period	(997)	416
Current Year Change	2,794	(1,833)
Balance at end of period	1,797	(1,417)
Unrealized gain (loss) on AFS debt securities
Summary of the AOCI balances, net of tax
Balance at beginning of period	(2,165)	(604)
Current Year Change	2,891	(2,011)
Balance at end of period	726	(2,615)
Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings
Summary of the AOCI balances, net of tax
Balance at beginning of period	1,078	1,093
Current Year Change	(27)	(1)
Balance at end of period	1,051	1,092
Unrealized gain (loss) on cash flow hedges
Summary of the AOCI balances, net of tax
Balance at beginning of period	90	(73)
Current Year Change	(70)	179
Balance at end of period	$ 20	$ 106

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenue recognition
Practical expedient allows incremental costs of obtaining contract when amortization period less than one year	true
Net interest income	$ 72,299	$ 67,665
Noninterest income:
Service charges on deposit accounts	3,303	3,555
Net refund transfer fees	17,100	16,352
Mortgage banking income	1,539	1,020
Interchange fee income	2,757	2,667
Program fees	1,074	1,696
Increase in cash surrender value of bank owned life insurance	382	371
Net gains (losses) on OREO	130	132
Other	1,132	1,752
Noninterest income	27,417	27,545
Total net revenue	$ 99,716	$ 95,210
Net-revenue concentration (as percent)	100.00%	100.00%
Writedowns during entity's holding of property (as a percent)	10.00%
Nonrefundable capital commitment fee	$ 1,000
Core Banking Activities
Revenue recognition
Net interest income	44,344	$ 41,851
Noninterest income:
Service charges on deposit accounts	3,303	3,555
Mortgage banking income	1,539	1,020
Interchange fee income	2,626	2,538
Increase in cash surrender value of bank owned life insurance	382	371
Net gains (losses) on OREO	130	132
Other	505	452
Noninterest income	8,485	8,068
Total net revenue	$ 52,829	$ 49,919
Net-revenue concentration (as percent)	53.00%	52.00%
Traditional Banking
Revenue recognition
Net interest income	$ 41,347	$ 38,188
Noninterest income:
Service charges on deposit accounts	3,293	3,547
Interchange fee income	2,626	2,538
Increase in cash surrender value of bank owned life insurance	382	371
Net gains (losses) on OREO	130	132
Other	465	414
Noninterest income	6,896	7,002
Total net revenue	$ 48,243	$ 45,190
Net-revenue concentration (as percent)	48.00%	47.00%
Warehouse Lending
Revenue recognition
Net interest income	$ 2,895	$ 3,591
Noninterest income:
Service charges on deposit accounts	10	8
Noninterest income	10	8
Total net revenue	$ 2,905	$ 3,599
Net-revenue concentration (as percent)	3.00%	4.00%
Mortgage Banking
Revenue recognition
Net interest income	$ 102	$ 72
Noninterest income:
Mortgage banking income	1,539	1,020
Other	40	38
Noninterest income	1,579	1,058
Total net revenue	$ 1,681	$ 1,130
Net-revenue concentration (as percent)	2.00%	1.00%
Republic Processing Group
Revenue recognition
Net interest income	$ 27,955	$ 25,814
Noninterest income:
Net refund transfer fees	17,100	16,352
Interchange fee income	131	129
Program fees	1,074	1,696
Other	627	1,300
Noninterest income	18,932	19,477
Total net revenue	$ 46,887	$ 45,291
Net-revenue concentration (as percent)	47.00%	48.00%
Tax Refund Solutions
Revenue recognition
Net interest income	$ 20,438	$ 18,686
Noninterest income:
Net refund transfer fees	17,100	16,352
Interchange fee income	131	109
Program fees	146	59
Other		1,001
Noninterest income	17,377	17,521
Total net revenue	$ 37,815	$ 36,207
Net-revenue concentration (as percent)	38.00%	38.00%
Republic Credit Solutions
Revenue recognition
Net interest income	$ 7,517	$ 7,128
Noninterest income:
Interchange fee income		20
Program fees	928	1,637
Other	627	299
Noninterest income	1,555	1,956
Total net revenue	$ 9,072	$ 9,084
Net-revenue concentration (as percent)	9.00%	10.00%

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)segment	Mar. 31, 2018USD ($)	Dec. 31, 2018USD ($)
Segment Disclosure information
Number of reportable segments | segment	5
Segment information
Net interest income	$ 72,299	$ 67,665
Provision for loan and lease losses	17,231	17,255
Net refund transfer fees	17,100	16,352
Mortgage banking income	1,539	1,020
Program fees	1,074	1,696
Other noninterest income	7,704	8,477
Total noninterest income	27,417	27,545
Total noninterest expenses	45,509	43,045
Income before income tax benefit	36,976	34,910
Income tax expense (benefit)	7,460	7,441
Net income	29,516	27,469
Segment end of period assets	$ 5,365,768	$ 5,078,334	$ 5,240,404
Net interest margin (as percent)	5.66%	5.50%
Net-revenue concentration (as percent)	100.00%	100.00%
Core Banking Activities
Segment Disclosure information
Number of reportable segments | segment	3
Segment information
Net interest income	$ 44,344	$ 41,851
Provision for loan and lease losses	414	960
Mortgage banking income	1,539	1,020
Other noninterest income	6,946	7,048
Total noninterest income	8,485	8,068
Total noninterest expenses	37,628	35,435
Income before income tax benefit	14,787	13,524
Income tax expense (benefit)	2,274	2,383
Net income	12,513	11,141
Segment end of period assets	$ 5,048,051	$ 4,888,750
Net interest margin (as percent)	3.76%	3.55%
Net-revenue concentration (as percent)	53.00%	52.00%
Traditional Banking
Segment information
Net interest income	$ 41,347	$ 38,188
Provision for loan and lease losses	189	939
Other noninterest income	6,896	7,002
Total noninterest income	6,896	7,002
Total noninterest expenses	35,550	33,392
Income before income tax benefit	12,504	10,859
Income tax expense (benefit)	1,765	1,772
Net income	10,739	9,087
Segment end of period assets	$ 4,471,419	$ 4,344,341
Net interest margin (as percent)	3.84%	3.59%
Net-revenue concentration (as percent)	48.00%	47.00%
Warehouse Lending
Segment information
Net interest income	$ 2,895	$ 3,591
Provision for loan and lease losses	225	21
Other noninterest income	10	8
Total noninterest income	10	8
Total noninterest expenses	758	839
Income before income tax benefit	1,922	2,739
Income tax expense (benefit)	433	627
Net income	1,489	2,112
Segment end of period assets	$ 559,545	$ 534,545
Net interest margin (as percent)	2.84%	3.21%
Net-revenue concentration (as percent)	3.00%	4.00%
Mortgage Banking
Segment information
Net interest income	$ 102	$ 72
Mortgage banking income	1,539	1,020
Other noninterest income	40	38
Total noninterest income	1,579	1,058
Total noninterest expenses	1,320	1,204
Income before income tax benefit	361	(74)
Income tax expense (benefit)	76	(16)
Net income	285	(58)
Segment end of period assets	$ 17,087	$ 9,864
Net-revenue concentration (as percent)	2.00%	1.00%
Republic Processing Group
Segment Disclosure information
Number of reportable segments | segment	2
Segment information
Net interest income	$ 27,955	$ 25,814
Provision for loan and lease losses	16,817	16,295
Net refund transfer fees	17,100	16,352
Program fees	1,074	1,696
Other noninterest income	758	1,429
Total noninterest income	18,932	19,477
Total noninterest expenses	7,881	7,610
Income before income tax benefit	22,189	21,386
Income tax expense (benefit)	5,186	5,058
Net income	17,003	16,328
Segment end of period assets	$ 317,717	$ 189,584
Net-revenue concentration (as percent)	47.00%	48.00%
Tax Refund Solutions
Segment information
Net interest income	$ 20,438	$ 18,686
Provision for loan and lease losses	13,434	13,389
Net refund transfer fees	17,100	16,352
Program fees	146	59
Other noninterest income	131	1,110
Total noninterest income	17,377	17,521
Total noninterest expenses	7,114	6,525
Income before income tax benefit	17,267	16,293
Income tax expense (benefit)	4,030	3,854
Net income	13,237	12,439
Segment end of period assets	$ 224,485	$ 129,395
Net-revenue concentration (as percent)	38.00%	38.00%
Republic Credit Solutions
Segment information
Net interest income	$ 7,517	$ 7,128
Provision for loan and lease losses	3,383	2,906
Program fees	928	1,637
Other noninterest income	627	319
Total noninterest income	1,555	1,956
Total noninterest expenses	767	1,085
Income before income tax benefit	4,922	5,093
Income tax expense (benefit)	1,156	1,204
Net income	3,766	3,889
Segment end of period assets	$ 93,232	$ 60,189
Net-revenue concentration (as percent)	9.00%	10.00%

INCOME TAXES (Details)

INCOME TAXES (Details) - Kentucky - USD ($)	3 Months Ended
	Jun. 30, 2019	Mar. 31, 2019
Income taxes
Corporate income tax rate		5.00%
Deferred tax asset, net of the federal benefit		$ 350,000
Forecast
Income taxes
Reversal of valuation allowance on the deferred tax asset for losses	$ 794,000