Republic Bancorp (RBCAA) 10-Q 6 Nov 20 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Oct. 31, 2020
Document Information [Line Items]
Entity Registrant Name	REPUBLIC BANCORP, INC.
Entity Central Index Key	0000921557
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2020
Entity File Number	0-24649
Entity Incorporation, State or Country Code	KY
Entity Tax Identification Number	61-0862051
Entity Address, Address Line One	601 West Market Street
Entity Address, City or Town	Louisville
Entity Address, State or Province	KY
Entity Address, Postal Zip Code	40202
City Area Code	502
Local Phone Number	584-3600
Title of 12(b) Security	Class A Common
Trading Symbol	RBCAA
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		18,716,165
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,199,507

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 342,028	$ 385,303
Available-for-sale debt securities, at fair value (amortized cost of $537,465 in 2020 and $467,122 in 2019, allowance for credit losses of $52 in 2020 and $0 in 2019)	550,218	471,355
Held-to-maturity debt securities (fair value of $55,163 in 2020 and $63,156 in 2019, allowance for credit losses of $295 in 2020 and $0 in 2019)	54,268	62,531
Equity securities with readily determinable fair value	3,070	3,188
Mortgage loans held for sale, at fair value	44,860	19,224
Consumer loans held for sale, at fair value	449	598
Consumer loans held for sale, at the lower of cost or fair value	11,443	11,646
Loans (loans carried at fair value of $588 in 2020 and $998 in 2019)	4,994,374	4,433,151
Allowance for credit losses	(59,891)	(43,351)
Loans, net	4,934,483	4,389,800
Federal Home Loan Bank stock, at cost	19,634	30,831
Premises and equipment, net	40,946	46,196
Right-of-use assets	43,643	35,206
Goodwill	16,300	16,300
Other real estate owned	2,056	113
Bank owned life insurance	67,617	66,433
Other assets and accrued interest receivable	109,431	81,595
TOTAL ASSETS	6,240,446	5,620,319
Deposits:
Noninterest-bearing	1,876,418	1,033,379
Interest-bearing	3,115,911	2,752,629
Total deposits	4,992,329	3,786,008
Securities sold under agreements to repurchase and other short-term borrowings	126,172	167,617
Operating lease liabilities	44,710	36,530
Federal Home Loan Bank advances	132,500	750,000
Subordinated note	41,240	41,240
Other liabilities and accrued interest payable	93,133	74,680
Total liabilities	5,430,084	4,856,075
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	4,900	4,907
Additional paid in capital	143,183	142,068
Retained earnings	652,724	614,171
Accumulated other comprehensive income	9,555	3,098
Total stockholders' equity	810,362	764,244
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 6,240,446	$ 5,620,319

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Available-for-sale debt securities	$ 537,465	$ 467,122
Available-for-sale debt securities, allowance for credit losses	52	0
Held-to-maturity debt securities	55,163	63,156
Held-to-maturity debt securities, allowance for credit losses	295	0
Loans held for investment fair value	$ 588	$ 998
Preferred stock, no par value	$ 0	$ 0
Class A Common Stock
Common Stock, no par value	0	0
Class B Common Stock
Common Stock, no par value	$ 0	$ 0

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
INTEREST INCOME:
Loans, including fees	$ 53,582	$ 62,896	$ 185,280	$ 199,935
Taxable investment securities	2,266	3,221	7,761	10,096
Federal Home Loan Bank stock and other	190	1,942	1,247	6,325
Total interest income	56,038	68,059	194,288	216,356
INTEREST EXPENSE:
Deposits	2,876	8,042	12,825	21,693
Securities sold under agreements to repurchase and other short-term borrowings	22	298	158	1,049
Federal Reserve Payment Protection Plan Liquidity Facility	48		153
Federal Home Loan Bank advances	658	3,839	3,128	10,631
Subordinated note	182	394	829	1,252
Total interest expense	3,786	12,573	17,093	34,625
NET INTEREST INCOME	52,252	55,486	177,195	181,731
Provision for expected credit loss expense	1,500	3,153	30,794	24,844
NET INTEREST INCOME AFTER PROVISION	50,752	52,333	146,401	156,887
NONINTEREST INCOME:
Service charges on deposit accounts	3,017	3,749	8,604	10,650
Net refund transfer fees	1,152	317	19,888	21,046
Mortgage banking income	10,775	3,064	23,968	7,019
Interchange fee income	2,911	3,031	8,271	9,045
Program fees	1,487	1,317	5,249	3,428
Increase in cash surrender value of bank owned life insurance	400	394	1,184	1,154
Net gains (losses) on other real estate owned	(14)	267	(10)	487
Net loss on branch divestiture		(119)		(119)
Other	869	791	2,763	2,643
Total noninterest income	20,597	12,811	69,917	55,353
NONINTEREST EXPENSE:
Salaries and employee benefits	26,667	24,822	79,613	75,184
Occupancy and equipment, net	6,780	6,571	20,341	19,627
Communication and transportation	1,147	1,017	3,789	3,249
Marketing and development	919	1,420	2,770	3,800
FDIC insurance expense	345		644	743
Bank franchise tax expense	974	935	4,394	4,366
Data processing	3,340	2,344	8,632	6,657
Interchange related expense	1,056	1,138	3,305	3,755
Supplies	326	292	1,317	1,358
Other real estate owned and other repossession expense	6	130	45	324
Legal and professional fees	1,248	1,026	3,510	2,756
Other	2,715	2,716	8,957	9,529
Total noninterest expense	45,523	42,411	137,317	131,348
INCOME BEFORE INCOME TAX EXPENSE	25,826	22,733	79,001	80,892
INCOME TAX EXPENSE	5,437	4,325	16,111	14,961
NET INCOME	$ 20,389	$ 18,408	$ 62,890	$ 65,931
Class A Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	$ 0.98	$ 0.88	$ 3.02	$ 3.17
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	0.98	0.88	3.02	3.15
Class B Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	0.89	0.80	2.75	2.88
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	$ 0.89	$ 0.80	$ 2.74	$ 2.87

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 20,389	$ 18,408	$ 62,890	$ 65,931
OTHER COMPREHENSIVE INCOME (LOSS)
Change in fair value of derivatives used for cash flow hedges	(1)	(3)	(173)	(218)
Reclassification amount for net derivative losses (gains) realized in income	103	(2)	211	(34)
Change in unrealized gain on AFS debt securities	(258)	86	8,618	5,759
Change in unrealized gain of AFS debt security for which a portion of OTTI has been recognized in earnings	61	(24)	(46)	(58)
Total other comprehensive income (loss) before income tax	(95)	57	8,610	5,449
Tax effect	24	(163)	(2,153)	(1,296)
Total other comprehensive income (loss), net of tax	(71)	(106)	6,457	4,153
COMPREHENSIVE INCOME	$ 20,318	$ 18,302	$ 69,347	$ 70,084

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 EarningsCumulative Effect, Period of Adoption, Adjustment	Retained Earnings	Accumulated Other Comprehensive Income	Class A Common Stock	Class B Common Stock	Cumulative Effect, Period of Adoption, Adjustment	Total
Balance at beginning of period at Dec. 31, 2018			$ 4,900	$ 141,018			$ 126	$ 545,013	$ (997)			$ 126	$ 689,934
Balance (in shares) at Dec. 31, 2018	18,675	2,213
Increase (Decrease) in Stockholders' Equity
Net income								65,931					65,931
Net change in accumulated other comprehensive income									4,153				4,153
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (14,826)	$ (1,591)				$ (14,826)	$ (1,591)
Stock options exercised, net of shares withheld			9	(183)									(174)
Stock options exercised, net of shares withheld (in shares)	37
Conversion of Class B Common Stock to Class A Common Stock (in shares)	5	(5)
Repurchase of Class A Common Stock			(2)	(404)				(174)					(580)
Repurchase of Class A Common Stock (in shares)	(12)
Net change in notes receivable on Class A Common Stock				(238)									(238)
Deferred director compensation expense - Class A Common Stock				155									155
Deferred director compensation expense - Class A Common Stock (in shares)	5
Deferred designed key employee compensation expense - Class A Common Stock				302									302
Employee stock purchase plan - Class A Common Stock				372									372
Employee stock purchase plan - Class A Common Stock (in shares)	8
Stock-based awards, Performance stock units				(57)									(57)
Stock-based awards, Performance stock units (in shares)	23
Stock-based awards, Restricted stock			1	659									660
Stock-based awards, Restricted stock (in shares)	3
Stock-based awards, Stock options				280									280
Balance at end of period at Sep. 30, 2019			4,908	141,904				594,479	3,156				744,447
Balance (in shares) at Sep. 30, 2019	18,744	2,208
Balance at beginning of period at Jun. 30, 2019			4,907	141,525				581,734	3,262				731,428
Balance (in shares) at Jun. 30, 2019	18,740	2,208
Increase (Decrease) in Stockholders' Equity
Net income								18,408					18,408
Net change in accumulated other comprehensive income									(106)				(106)
Dividends declared on Common Stock:
Dividends declared on Common Stock					(4,961)	(530)				(4,961)	(530)
Stock options exercised, net of shares withheld			1	(73)									(72)
Stock options exercised, net of shares withheld (in shares)	3
Repurchase of Class A Common Stock			(1)	(28)				(172)					(201)
Repurchase of Class A Common Stock (in shares)	(4)
Net change in notes receivable on Class A Common Stock				(46)									(46)
Deferred director compensation expense - Class A Common Stock				49									49
Deferred designed key employee compensation expense - Class A Common Stock				76									76
Employee stock purchase plan - Class A Common Stock				137									137
Employee stock purchase plan - Class A Common Stock (in shares)	3
Stock-based awards, Restricted stock			1	184									185
Stock-based awards, Restricted stock (in shares)	2
Stock-based awards, Stock options				80									80
Balance at end of period at Sep. 30, 2019			4,908	141,904				594,479	3,156				744,447
Balance (in shares) at Sep. 30, 2019	18,744	2,208
Balance at beginning of period at Dec. 31, 2019			4,907	142,068			$ (4,291)	614,171	3,098			$ (4,291)	764,244
Balance (in shares) at Dec. 31, 2019	18,737	2,206
Increase (Decrease) in Stockholders' Equity
Net income								62,890					62,890
Net change in accumulated other comprehensive income									6,457				6,457
Dividends declared on Common Stock:
Dividends declared on Common Stock					(16,080)	(1,716)				(16,080)	(1,716)
Stock options exercised, net of shares withheld			9	242									251
Stock options exercised, net of shares withheld (in shares)	20
Conversion of Class B Common Stock to Class A Common Stock (in shares)	6	(6)
Repurchase of Class A Common Stock			(20)	(582)				(2,250)					(2,852)
Repurchase of Class A Common Stock (in shares)	(86)
Net change in notes receivable on Class A Common Stock				(87)									(87)
Deferred director compensation expense - Class A Common Stock				222									222
Deferred director compensation expense - Class A Common Stock (in shares)	4
Deferred designed key employee compensation expense - Class A Common Stock				418									418
Employee stock purchase plan - Class A Common Stock			3	458									461
Employee stock purchase plan - Class A Common Stock (in shares)	15
Stock-based awards, Performance stock units				(200)									(200)
Stock-based awards, Performance stock units (in shares)	18
Stock-based awards, Restricted stock			1	316									317
Stock-based awards, Restricted stock (in shares)	1
Stock-based awards, Stock options				328									328
Balance at end of period at Sep. 30, 2020			4,900	143,183				652,724	9,555				810,362
Balance (in shares) at Sep. 30, 2020	18,715	2,200
Balance at beginning of period at Jun. 30, 2020			4,898	142,813				638,282	9,626				795,619
Balance (in shares) at Jun. 30, 2020	18,708	2,200
Increase (Decrease) in Stockholders' Equity
Net income								20,389					20,389
Net change in accumulated other comprehensive income									(71)				(71)
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (5,375)	$ (572)				$ (5,375)	$ (572)
Stock options exercised, net of shares withheld			1	(6)									(5)
Stock options exercised, net of shares withheld (in shares)	1
Net change in notes receivable on Class A Common Stock				(201)									(201)
Deferred director compensation expense - Class A Common Stock				72									72
Deferred designed key employee compensation expense - Class A Common Stock				141									141
Employee stock purchase plan - Class A Common Stock			1	169									170
Employee stock purchase plan - Class A Common Stock (in shares)	6
Stock-based awards, Restricted stock				69									69
Stock-based awards, Stock options				126									126
Balance at end of period at Sep. 30, 2020			$ 4,900	$ 143,183				$ 652,724	$ 9,555				$ 810,362
Balance (in shares) at Sep. 30, 2020	18,715	2,200

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Class A Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 0.286	$ 0.264	$ 0.858	$ 0.792
Class B Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 0.260	$ 0.240	$ 0.780	$ 0.720

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
OPERATING ACTIVITIES:
Net income	$ 62,890	$ 65,931
Adjustments to reconcile net income to net cash provided by operating activities:
Net (accretion) amortization on investment securities	1,154	(95)
Net accretion on loans and amortization of core deposit intangible and operating lease components	(3,261)	(2,622)
Unrealized (gains) losses on equity securities with readily determinable fair value	118	(561)
Depreciation of premises and equipment	7,420	6,989
Amortization of mortgage servicing rights	2,701	1,275
Impairment of mortgage servicing rights	500
Provision for on-balance sheet exposures	30,794	24,844
Provision for off-balance sheet exposures	467
Net gain on sale of mortgage loans held for sale	(25,030)	(6,452)
Origination of mortgage loans held for sale	(547,556)	(247,071)
Proceeds from sale of mortgage loans held for sale	546,950	229,755
Net gain on sale of consumer loans held for sale	(3,751)	(3,869)
Origination of consumer loans held for sale	(391,688)	(534,268)
Proceeds from sale of consumer loans held for sale	395,791	532,471
Net gain realized on sale of other real estate owned	(43)	(487)
Writedowns of other real estate owned	53
Impairment of premises held for sale		198
Deferred compensation expense - Class A Common Stock	640	457
Stock-based awards expense- Class A Common Stock	445	883
Net gain on sale of bank premises and equipment	(353)
Increase in cash surrender value of bank owned life insurance	(1,184)	(1,154)
Net change in other assets and liabilities:
Accrued interest receivable	810	269
Accrued interest payable	(2,074)	1,278
Other assets	(13,126)	(6,011)
Other liabilities	(623)	(1,836)
Net cash provided by operating activities	62,044	59,924
INVESTING ACTIVITIES:
Purchases of available-for-sale debt securities	(278,878)	(350,036)
Proceeds from calls, maturities and paydowns of available-for-sale debt securities	207,397	259,569
Proceeds from calls, maturities and paydowns of held-to-maturity debt securities	7,952	1,897
Net change in outstanding warehouse lines of credit	(311,217)	(504,893)
Net change in other loans	(268,053)	(163,133)
Proceeds from redemption of Federal Home Loan Bank stock	20,197	2,102
Purchase of Federal Home Loan Bank stock	(9,000)	(2,277)
Proceeds from sales of other real estate owned	156	1,892
Proceeds from sale of bank premises and equipment	894
Net purchases of premises and equipment	(2,711)	(9,102)
Net cash used in investing activities	(633,263)	(763,981)
FINANCING ACTIVITIES:
Net change in deposits	1,206,321	420,991
Net change in securities sold under agreements to repurchase and other short-term borrowings	(41,445)	(15,041)
Payments of Federal Home Loan Bank advances	(1,067,500)	(590,000)
Proceeds from Federal Home Loan Bank advances	450,000	950,000
Repurchase of Class A Common Stock	(2,852)	(580)
Net proceeds from Class A Common Stock purchased through employee stock purchase plan	461	372
Net proceeds from Class A Common Stock options exercised and PSUs awarded	251	(174)
Cash dividends paid	(17,292)	(15,913)
Net cash provided by financing activities	527,944	749,655
NET CHANGE IN CASH AND CASH EQUIVALENTS	(43,275)	45,598
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	385,303	351,474
CASH AND CASH EQUIVALENTS AT END OF PERIOD	342,028	397,072
Cash paid during the period for:
Interest	19,167	33,348
Income taxes	16,204	11,506
SUPPLEMENTAL NONCASH DISCLOSURES:
Transfers from loans to real estate acquired in settlement of loans	2,109	1,414
Transfers from loans held for investment to held for sale		130,770
Unfunded commitments in low-income-housing investments	10,000
Right-of-use assets recorded	14,144	$ 41,726
Allowance for credit losses recorded upon adoption of ASC 326	$ 7,241

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2020
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 ​ 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 U.S. 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 and nine months ended September 30, 2020 are not necessarily indicative of the results that may be expected for the year ending December 31, 2020. 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, 2019. ​ As of September 30, 2020, 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. MemoryBank®, the Company’s national branchless banking platform, is part of the Traditional Banking segment. ​ The Company’s financial condition at September 30, 2020 and results of operation for the three and nine months ended September 30, 2020 were impacted by the COVID-19 pandemic and the public’s response to it. ​ For additional discussion regarding the COVID-19 pandemic and its impact to the Company, see the following Footnotes in this section of the filing: ​ ● Footnote 2 “Investment Securities” ● Footnote 4 “Loans and Allowance for Credit Losses” ● Footnote 9 “Off Balance Sheet Risks, Commitments, and Contingent Liabilities” ​ ​ Core Bank ​ Traditional Banking segment — ​ ● Kentucky — 28 ● Metropolitan Louisville — 18 ● Central Kentucky — 7 ● Georgetown — 1 ● Lexington — 5 ● Shelbyville — 1 ● 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 — 2 ● Metropolitan Nashville, Tennessee — 3 * *Includes one LPO ​ Republic’s headquarters are in Louisville, which is the largest city in Kentucky based on population. ​ Traditional Banking results of operations are primarily dependent upon net interest income, which represents the difference between the interest income and fees on interest-earning assets and the interest expense on interest-bearing liabilities. Principal interest-earning Traditional Banking assets represent investment securities and commercial and consumer loans primarily secured by real estate and/or personal property. Interest-bearing liabilities primarily consist of interest-bearing deposit accounts, securities sold under agreements to repurchase, as well as short-term and long-term borrowing sources. FHLB advances have traditionally been a significant borrowing source for the Bank. ​ Other sources of Traditional Banking income include service charges on deposit accounts, debit and credit card interchange fee income, title insurance commissions, and increases in the cash surrender value of 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. ​ Warehouse Lending segment — The Core Bank provides short-term, revolving credit facilities to mortgage bankers across the U.S. 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 — ​ Republic Processing Group ​ Tax Refund Solutions segment — ​ 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. The EA product had the following features during 2020 and 2019: ● Offered only during the first two months of each year; ● 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 ; ● 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. ​ 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. Provision on EAs are estimated when advances are made, with Provision for all expected 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. ​ In response to changes in the legal, regulatory and competitive environment, management annually reviews and revises the EAs product parameters. Further changes in EA product parameters do not ensure positive results and could have an overall material negative impact on the performance of the EA product offering and therefore on the Company’s financial condition and results of operations. ​ ​ 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 — ​ ● RCS line-of-credit product – The Bank originates a line-of-credit product to generally subprime borrowers in multiple states. Elevate Credit, Inc., a third-party service provider subject to the Bank’s oversight and supervision, provides the Bank with certain marketing, servicing, technology, and support services for the RCS line-of-credit program, while a separate third-party also provides customer support, servicing, and other services for the RCS line-of-credit product on the Bank’s behalf. The Bank is the lender for the RCS line-of-credit product and is marketed as such. Further, the Bank controls the loan terms and underwriting guidelines, and the Bank exercises consumer compliance oversight of the RCS line-of-credit product. ​ The Bank sells participation interests in the RCS line-of-credit product. These participation interests are a 90% interest in advances made to borrowers under the borrower’s line-of-credit account, and the participation interests are generally sold three business days following the Bank’s funding of the associated advances. Although the Bank retains a 10% participation interest in each advance, it maintains 100% ownership of the underlying RCS line-of-credit account with each borrower. The RCS line-of-credit product represents the substantial majority of RCS activity. Loan balances held for sale through this program are carried at the lower of cost or fair value. ​ ● RCS installment loan products – From the first quarter of 2016 through the first quarter of 2018, the Bank piloted a consumer installment loan product across the U.S. using a third-party service provider. As part of the program, the Bank sold 100% of the balances generated through the program back to its third-party service provider approximately 21 days after origination. During the second quarter of 2018, the Bank and its third-party service provider suspended the origination of new loans and the sale of unsold loans through this program. Since program suspension in 2018, the Bank has carried all unsold loans under this program as “held for investment” on its balance sheet and has continued to wind down those balances. Additionally, loans under this program are carried at fair value under a fair value option on the Bank’s balance sheet with the portfolio marked to market monthly. Approximately $588,000 of balances remained held for investment under this program as of September 30, 2020. ​ Through a new program launched in December 2019, the Bank began offering RCS installment loans with terms ranging from 12 to 60 months to borrowers in multiple states. A third-party service provider subject to the Bank’s oversight and supervision provides the Bank with marketing services and loan servicing for these RCS installment loans. The Bank is the lender for these RCS installment loans, and is marketed as such. Further, the Bank controls the loan terms and underwriting guidelines, and the Bank exercises consumer compliance oversight of this RCS installment loan product. Currently, all loan balances originated under this RCS installment loan program are carried as “held for sale” on the Bank’s balance sheet, with the intention to sell these loans to its third-party service provider generally within sixteen days following the Bank’s origination of the loans. Loans originated under this RCS installment loan program are carried at fair value under a fair-value option, with the portfolio marked to market monthly. ​ ● RCS healthcare receivables products – The Bank originates healthcare-receivables products across the U.S. 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 through this program are carried at the lower of cost or fair value. ​ ​ 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.” ​ ​ Recently Adopted Accounting Standards ​ Effective January 1, 2020, the Company adopted ASC 326 Financial Instruments – Credit Losses, ​ The Company adopted ASC 326 primarily using the modified retrospective method for its financial instruments and off-balance sheet credit exposures. Results for periods beginning after December 31, 2019 will be presented under CECL while prior-period amounts will continue to be reported under previously applicable GAAP. ​ The Company adopted ASC 326 using the prospective transition approach for debt securities for which OTTI had been recognized prior to January 1, 2020. As a result, the amortized cost basis will remain the same before and after the effective date of CECL. The effective interest rate on these debt securities was not changed. Recoveries of amounts previously written off relating to improvements in cash flows after January 1, 2020 will be recorded in earnings when received. ​ The Company adopted ASC 326 using the prospective transition approach for PCD assets that were previously classified as PCI assets under ASC 310-30. As allowed by ASC 326, the Company did not reassess whether PCI assets met the PCD criteria as of the date of adoption. On January 1, 2020, the amortized cost basis of PCD assets was adjusted to reflect the addition of million of ACLL formerly classified under previous GAAP as a non-accretable credit discount within gross loans. The remaining noncredit discount on PCD assets will be accreted into interest income at the effective interest rate as of January 1, 2020. ​ The Company elected the fair value option for its RCS installment loan product in 2016. This product will continue to be accounted for at fair value under CECL. ​ When measuring an ACL, CECL primarily differs from the probable-incurred method by: a) incorporating a lower “expected” threshold for loss recognition versus a higher “probable” threshold; b) requiring life-of-loan considerations; and c) requiring reasonable and supportable forecasts. ​ In accordance with the adoption of ASC 326 and CECL, the Company recorded on January 1, 2020 a $6.7 million, or 16%, increase in the ACLL for its loans, a $51,000 ACLS for its investment debt securities, and a $456,000 ACLC for its off-balance sheet credit exposures. Of the $6.7 million increase in ACLL, approximately $1.4 million was a gross-up reclassification of non-accretable discount on previously-PCI, now-PCD, loans as mentioned above, and the remaining $5.3 million was a difference in ACL between CECL and the probable-incurred method. The Company also made a cumulative effect entry of $4.3 million to reduce its opening balance of retained earnings upon adoption of ASC 326, with no impact on 2020 earnings for these adoption entries. The adoption date increase in ACLL for the Company’s loans primarily reflects additional ACLL for longer duration loan portfolios, such as the Company's residential real estate and consumer loan portfolios. No additional segmentation of the Bank's loan portfolios was deemed necessary upon adoption. ​ ​ The following table illustrates the impact of ASC 326 adoption: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for Credit Losses as of January 1, 2020 ​ ​ ​ As Reported ​ ​ ​ ​ Impact ​ ​ ​ Under ​ Pre-ASC 326 ​ of ASC 326 ​ (in thousands) ASC 326 Adoption Adoption ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on debt securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AFS debt securities - Corporate bonds ​ $ — ​ $ — ​ $ — ​ HTM debt securities - Corporate bond ​ ​ 51 ​ ​ — ​ ​ 51 ​ Allowance for credit losses on debt securities ​ $ 51 ​ $ — ​ $ 51 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 8,928 ​ $ 4,729 ​ $ 4,199 ​ Nonowner occupied ​ 1,885 ​ 1,737 148 ​ Commercial real estate ​ 10,759 ​ 10,486 273 ​ Construction & land development ​ 3,599 ​ 2,152 1,447 ​ Commercial & industrial ​ 1,564 ​ 2,882 (1,318) ​ Lease financing receivables ​ 147 ​ 147 — ​ Aircraft ​ ​ 176 ​ ​ 176 ​ ​ — ​ Home equity ​ 4,373 ​ 2,721 1,652 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 1,053 ​ 1,020 33 ​ Overdrafts ​ 1,169 ​ 1,169 — ​ Automobile loans ​ 605 ​ 612 (7) ​ Other consumer ​ 681 ​ 374 307 ​ Total Traditional Banking ​ ​ 34,939 ​ ​ 28,205 ​ ​ 6,734 ​ Warehouse lines of credit ​ 1,794 ​ 1,794 — ​ Total Core Banking ​ ​ 36,733 ​ ​ 29,999 ​ ​ 6,734 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ ​ — ​ ​ — ​ Other TRS loans ​ ​ 234 ​ ​ 234 ​ ​ — ​ Republic Credit Solutions ​ 13,118 ​ 13,118 — ​ Total Republic Processing Group ​ ​ 13,352 ​ ​ 13,352 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on loans ​ $ 50,085 ​ $ 43,351 $ 6,734 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on OBS credit exposures ​ $ 456 ​ $ — ​ $ 456 ​ ​ The following ASUs were also adopted by the Company during the nine months ended September 30, 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ASU. No. Topic Nature of Update Date Adopted Method of Adoption Financial Statement Impact 2017-04 ​ Intangibles - Goodwill and Other (Topic 350) ​ This ASU simplifies goodwill impairment testing by eliminating Step 2 from the goodwill impairment test. The ASU also eliminates the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. ​ January 1, 2020 ​ Prospectively ​ Immaterial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020-04 ​ Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting ​ This ASU provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying GAAP to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. The ASU is intended to help during the global market-wide reference rate transition period; therefore, it will be in effect for a limited time through December 31, 2022. ​ March 12, 2020 ​ Prospectively ​ This ASU is expected to assist in the Company's transition away from LIBOR as a reference rate. ​ ​ Accounting Standards Update ​ The following ASU was issued prior to September 30, 2020 and is 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 included below. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ASU. No. ​ Topic ​ Nature of Update ​ Date Adoption Required ​ Permitted Adoption Methods ​ Expected Financial Statement Impact 2020-08 ​ Codification Improvements to Subtopic 310-20, ​ This ASU clarifies that an entity should re-evaluate whether a callable debt security is within the scope of ASC paragraph 310-20-35-33 for each reporting period. ​ January 1, 2021 ​ Prospectively ​ Immaterial ​ Debt Securities ​ Interest income includes amortization of purchase premiums and accretion of discounts. Premiums and discounts on securities are generally amortized on the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. Premiums on callable securities are amortized to the earliest call date. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. ​ A debt security is placed on nonaccrual status at the time any principal or interest payments become more than 90 days delinquent. Interest accrued but not received for a security placed on nonaccrual is reversed against interest income. ​ Allowance for Credit Losses on Available-for-Sale Securities — For the Company’s AFS corporate bond, the Company uses third-party PD and LGD data to estimate an ACLS, which is limited by the amount that the bond’s fair value is less than its amortized cost basis. ​ For all other AFS debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written-down to fair value through income. For other AFS debt securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an ACLS is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an ACLS is recognized in other comprehensive income. ​ Changes in ACLS are recorded as a charge or credit to the Provision. Losses are charged against the ACLS when management believes the lack of collectability of an AFS debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. ​ Accrued interest on AFS debt securities totaled $1 million at September 30, 2020 and is excluded from the ACLS. Accrued interest on AFS debt securities is presented as a component of other assets on the Company’s balance sheet. ​ Allowance for Credit Losses on Held-to-Maturity Securities — The Company measures expected credit losses on HTM debt securities on a collective basis by major security type. Accrued interest receivable on HTM debt securities totaled at September 30, 2020 and is excluded from the ACLS. Accrued interest on HTM debt securities is presented as a component of other assets on the Company’s balance sheet. ​ The estimate of ACLS on HTM debt securities considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. ​ The Company classifies its HTM portfolio into the following major security types: MBS, corporate bonds, and municipal bonds. MBS securities include CMOs. Nearly all of the MBS portfolio is issued by U.S. government entities or government sponsored entities. These securities are highly rated by major rating agencies and have a long history of no credit losses. The MBS portfolio also carries ratings no lower than investment grade. The Company uses PD and LGD estimates provided by a third-party to estimate an ACLS for its corporate and municipal bond portfolios. These PD and LGD estimates are updated at least quarterly by the Company, with these estimates incorporating the most recent market expectations and forecasted information. ​ Loans — ​ Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method. Premiums on loans held for investment are amortized into interest income on the level-yield method over the expected life of the loan. ​ Lease financing receivables, all of which are direct financing leases, are reported at their principal balance outstanding net of any unearned income, deferred loan fees and costs, and applicable ACLL. Leasing income is recognized on a basis that achieves a constant periodic rate of return on the outstanding lease financing balances over the lease terms. ​ Interest income on mortgage and commercial loans is typically discontinued at the time the loan is 80 days delinquent unless the loan is well secured and in process of collection. Past due status is based on the contractual terms of the loan, which may define past due status by the number of days or the number of payments past due. In most cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual loans and loans past due 80 days still on accrual include smaller balance, homogeneous loans that are evaluated collectively or individually for loss. ​ Interest accrued but not received for all classes of loans placed on nonaccrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured, typically a minimum of six consecutive months of performance. Consumer and credit card loans are not placed on nonaccrual status but are reviewed periodically and charged-off when the loan is deemed uncollectible, generally no more than 120 days. ​ Purchased Credit Deteriorated Loans — ​ ● Non-accretable discount assigned by the Bank ● Classified by either the acquired bank or the Bank as Special Mention or Substandard ● Nonaccrual status when purchased ● Past due 30 days or more when purchased ● Loans that have been at least one time over 30 days past due ● Past maturity date when purchased ● Select loans that are cross collateralized with any loans identified above ​ PCD loans are recorded at the amount paid. An ACLL is determined using the same methodology as other loans held for investment. The initial ACLL determined on a collective basis is allocated to individual loans. The sum of the loan’s purchase price and ACLL becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a noncredit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the ACLL are recorded through the Provision. ​ Allowance for Credit Losses on Loans — ​ The ACLL is measured on a collective or pooled basis when similar risk characteristics exist. The first table of Footnote 4 illustrates the Company’s loan portfolio by ACLL risk pool. This pooling method is primarily based on the pool’s collateral type or the pool’s purpose and generally follows the Bank’s loan segmentation for regulatory reporting. For each of its loan pools, the Company uses a “static-pool” method, which analyzes historical closed pools of similar loans over their expected lives to attain a loss rate. This loss rate is then adjusted for current conditions and reasonable and supportable forecasts prior to being applied to the current balance of the analyzed pools. Adjustments to the historical loss rate for current conditions include differences in underwriting standards, portfolio mix, delinquency level, or term, as well as for changes in environmental conditions, such as changes in property values or other relevant factors. A one-year forecast adjustment to the historical loss rate is based on a forecast of the U.S. national unemployment rate, which has shown a relatively strong historical correlation to the Bank’s loan losses. For the CRE loan pool, a one-year forecast of CRE vacancy rates within the Company’s footprint was introduced into the Company’s CECL model during the third quarter of 2020 due to pandemic-driven changes in culture, including increased and prolonged work-from-home practices. This additional CRE-specific forecast factor drove a $2 million increase in the Company’s ACLL. Subsequent to one-year forecasts, loss rates are assumed to immediately revert back to long-term historical averages. ​ Loans that do not share risk characteristics are evaluated on an individual basis, with the Company choosing to individually evaluate all TDRs. Loans evaluated individually are not also included in the pooled evaluation. When management determines that a loan is collateral dependent and foreclosure is probable, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for selling costs if appropriate. ​ Determining Expected Loan Lives: Expected credit losses are estimated over the contractual loan term, adjusted for expected prepayments when appropriate. The contractual term excludes expected extensions, renewals, and modifications unless either of the following applies: management has a reasonable expectation at the reporting date that a TDR will be executed with an individual borrower, or the extension or renewal options are included in the original or modified contract at the reporting date and are not unconditionally cancellable by the Company. ​ 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. The Company measures the ACLL for TDRs individually using either a discounted cash flow method or the collateral method, if the TDR is collateral dependent. TDRs whose ACLL is measured using a discounted cash flow method use the original pre-modification interest rate on the loan for discounting. ​ Performing loans receiving a COVID-19 accommodation are not classified as TDRs. ​ ● For additional discussion regarding loans accommodated due to COVID-19, see Footnote 4 “Loans and Allowance for Credit Losses” in this section of the filing. ​ Allowance for Credit Losses on Off-Balance Sheet Credit Exposures — The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded ove

INVESTMENT SECURITIES

INVESTMENT SECURITIES	9 Months Ended
	Sep. 30, 2020
INVESTMENT SECURITIES
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES ​ Available-for-Sale Debt Securities ​ The following tables summarize the amortized cost, fair value, and ACLS of AFS debt securities and the corresponding amounts of related gross unrealized gains and losses recognized in AOCI: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross Allowance ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ for Fair September 30, 2020 (in thousands) ​ Cost ​ Gains ​ Losses ​ Credit Losses Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 235,216 ​ $ 1,897 ​ $ (47) ​ $ — ​ $ 237,066 Private label mortgage backed security ​ 1,765 ​ 1,239 ​ — ​ — ​ 3,004 Mortgage backed securities - residential ​ 234,025 ​ 8,646 ​ (1) ​ — ​ 242,670 Collateralized mortgage obligations ​ 52,841 ​ 938 ​ (19) ​ — ​ 53,760 Corporate bonds ​ 10,000 ​ — ​ (30) ​ (52) ​ 9,918 Trust preferred security ​ 3,618 ​ 182 ​ — ​ — ​ 3,800 Total available-for-sale debt securities ​ $ 537,465 ​ $ 12,902 ​ $ (97) ​ $ (52) ​ $ 550,218 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross Allowance ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ for Fair December 31, 2019 (in thousands) ​ Cost ​ Gains ​ Losses ​ Credit Losses Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 134,765 ​ $ 59 ​ $ (184) ​ ​ NA ​ $ 134,640 Private label mortgage backed security ​ 2,210 ​ 1,285 ​ — ​ ​ NA ​ 3,495 Mortgage backed securities - residential ​ 253,288 ​ 2,916 ​ (357) ​ ​ NA ​ 255,847 Collateralized mortgage obligations ​ 63,284 ​ 258 ​ (171) ​ ​ NA ​ 63,371 Corporate bonds ​ 10,000 ​ 2 ​ — ​ ​ NA ​ 10,002 Trust preferred security ​ 3,575 ​ 425 ​ — ​ ​ NA ​ 4,000 Total available-for-sale debt securities ​ $ 467,122 ​ $ 4,945 ​ $ (712) ​ ​ NA ​ $ 471,355 ​ Held-to-Maturity Debt Securities ​ The following tables summarize the amortized cost, fair value, and ACLS of HTM debt securities and the corresponding amounts of related gross unrecognized gains and losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ Allowance ​ ​ Carrying ​ Unrecognized ​ Unrecognized ​ Fair ​ for September 30, 2020 (in thousands) ​ Value ​ Gains ​ Losses ​ Value ​ Credit Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage backed securities - residential ​ $ 100 ​ $ 5 ​ $ — ​ $ 105 ​ $ — Collateralized mortgage obligations ​ 14,118 ​ 183 ​ — ​ 14,301 ​ — Corporate bonds ​ 39,989 ​ 403 ​ — ​ 40,392 ​ (295) Obligations of state and political subdivisions ​ ​ 356 ​ ​ 9 ​ ​ — ​ ​ 365 ​ ​ — Total held-to-maturity debt securities ​ $ 54,563 ​ $ 600 ​ $ — ​ $ 55,163 ​ $ (295) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ Allowance ​ ​ Carrying ​ Unrecognized ​ Unrecognized ​ Fair ​ for December 31, 2019 (in thousands) ​ Value ​ Gains ​ Losses ​ Value ​ Credit Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage backed securities - residential ​ $ 104 ​ $ 6 ​ $ — ​ $ 110 ​ ​ NA Collateralized mortgage obligations ​ 16,970 ​ 94 ​ (21) ​ 17,043 ​ NA Corporate bonds ​ 44,995 ​ 544 ​ — ​ 45,539 ​ NA Obligations of state and political subdivisions ​ ​ 462 ​ ​ 2 ​ ​ — ​ ​ 464 ​ NA Total held-to-maturity debt securities ​ $ 62,531 ​ $ 646 ​ $ (21) ​ $ 63,156 ​ NA ​ Sales of Available-for-Sale Debt Securities ​ During the three and nine months ended September 30, 2020 and 2019, 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 September 30, 2020 follow. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are detailed separately. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale ​ Held-to-Maturity ​ ​ Debt Securities ​ Debt Securities ​ Amortized Fair Carrying Fair September 30, 2020 (in thousands) ​ Cost ​ Value ​ Value ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due in one year or less ​ $ 9,941 ​ $ 10,040 ​ $ 110 ​ $ 112 ​ Due from one year to five years ​ 235,275 ​ 236,944 ​ 35,281 ​ 35,660 ​ Due from five years to ten years ​ — ​ — ​ 4,954 ​ 4,985 ​ Due beyond ten years ​ 3,618 ​ 3,800 ​ — ​ — ​ Private label mortgage backed security ​ 1,765 ​ 3,004 ​ — ​ — ​ Mortgage backed securities - residential ​ 234,025 ​ 242,670 ​ 100 ​ 105 ​ Collateralized mortgage obligations ​ 52,841 ​ 53,760 ​ 14,118 ​ 14,301 ​ Total debt securities ​ $ 537,465 ​ $ 550,218 ​ $ 54,563 ​ $ 55,163 ​ ​ Unrealized-Loss Analysis on Debt Securities ​ The following table summarizes AFS debt securities in an unrealized loss position for which an ACLS had not been recorded at September 30, 2020, aggregated by investment category and length of time in a continuous unrealized loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized September 30, 2020 (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 ​ $ 39,951 ​ $ (47) ​ $ — ​ $ — ​ $ 39,951 ​ $ (47) ​ Mortgage backed securities - residential ​ ​ 447 ​ ​ (1) ​ ​ — ​ ​ — ​ ​ 447 ​ $ (1) ​ Collateralized mortgage obligations ​ ​ 8,282 ​ ​ (19) ​ ​ — ​ ​ — ​ ​ 8,282 ​ ​ (19) ​ Total available-for-sale debt securities ​ $ 48,680 ​ $ (67) ​ $ — ​ $ — ​ $ 48,680 ​ $ (67) ​ ​ ​ ​ Debt securities with unrealized losses at December 31, 2019, aggregated by investment category and length of time in a continuous unrealized loss position, were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized December 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 ​ $ 40,165 ​ $ (176) ​ $ 14,992 ​ $ (8) ​ $ 55,157 ​ $ (184) ​ Mortgage backed securities - residential ​ ​ 65,630 ​ ​ (269) ​ ​ 16,633 ​ ​ (88) ​ ​ 82,263 ​ ​ (357) ​ Collateralized mortgage obligations ​ ​ 12,444 ​ ​ (36) ​ ​ 10,738 ​ ​ (135) ​ ​ 23,182 ​ ​ (171) ​ Total available-for-sale debt securities ​ $ 118,239 ​ $ (481) ​ $ 42,363 ​ $ (231) ​ $ 160,602 ​ $ (712) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized December 31, 2019 (in thousands) ​ Fair Value ​ Losses ​ Fair Value ​ Losses ​ Fair Value ​ Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Held-to-maturity debt securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateralized mortgage obligations ​ $ 4 ​ $ (2) ​ $ 4,827 ​ $ (19) ​ $ 4,831 ​ $ (21) ​ Total held-to-maturity debt securities: ​ $ 4 ​ $ (2) ​ $ 4,827 ​ $ (19) ​ $ 4,831 ​ $ (21) ​ ​ At September 30, 2020, the Bank’s security portfolio consisted of 175 securities, 15 of which were in an unrealized loss position. ​ At December 31, 2019, the Bank’s security portfolio consisted of 173 securities, 34 of which were in an unrealized loss position. ​ At September 30, 2020 and December 31, 2019, 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. ​ Mortgage Backed Securities and Collateralized Mortgage Obligations ​ At September 30, 2020, with the exception of the $3.0 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 September 30, 2020 and December 31, 2019, there were gross unrealized losses of $20,000 and $528,000 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. ​ Private Label Mortgage Backed Security ​ The Bank owns one private label mortgage backed security with a total carrying value of $3.0 million as of September 30, 2020. 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. ​ See additional discussion regarding the Bank’s private label mortgage backed security under Footnote 10 “Fair Value” in this section of the filing. ​ Rollforward of the Allowance for Credit Losses on Debt Securities ​ The tables below present a rollforward for the three and nine months ended September 30, 2020 of the ACLS on AFS and HTM debt securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLS Rollforward ​ ​ ​ Three Months Ended September 30, 2020 ​ ​ ​ Beginning ​ ASC 326 ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ $ 126 ​ $ — ​ $ (74) ​ $ — ​ $ — ​ $ 52 Held-to-Maturity Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ ​ 147 ​ ​ — ​ ​ 148 ​ ​ — ​ ​ — ​ ​ 295 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 273 ​ $ — ​ $ 74 ​ $ — ​ $ — ​ $ 347 ​ The Company decreased the ACLS on its AFS bond during the three months ended September 30, 2020 due to an increase in the bond’s fair value during the period. The Company increased the ACLS on its HTM corporate bonds during the three months ended September 30, 2020 due to increasing PD and LGD estimates for these bonds resulting from economic concerns from the COVID-19 pandemic. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLS Rollforward ​ ​ ​ Nine Months Ended September 30, 2020 ​ ​ ​ Beginning ​ ASC 326 ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ $ — ​ $ — ​ $ 52 ​ $ — ​ $ — ​ $ 52 Held-to-Maturity Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ ​ — ​ ​ 51 ​ ​ 244 ​ ​ — ​ ​ — ​ ​ 295 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ — ​ $ 51 ​ $ 296 ​ $ — ​ $ — ​ $ 347 ​ The Company increased the ACLS on its AFS and HTM corporate bonds during the nine months ended September 30, 2020 based on increasing PD and LGD estimates on these bonds resulting from economic concerns from the COVID-19 pandemic. ​ There were no HTM debt securities on nonaccrual or past due over 89 days as of September 30, 2020. All of the Company’s HTM corporate bonds were rated investment grade as of September 30, 2020. ​ There were no HTM debt securities considered collateral dependent as of September 30, 2020. ​ 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) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Carrying amount ​ $ 229,683 ​ $ 229,700 ​ Fair value ​ 229,762 ​ 229,706 ​ ​ ​ 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 September 30, 2020 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 536 ​ $ — ​ $ 536 ​ Community Reinvestment Act mutual fund ​ 2,500 ​ 34 ​ — ​ 2,534 ​ Total equity securities with readily determinable fair values ​ $ 2,500 ​ $ 570 ​ $ — ​ $ 3,070 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair December 31, 2019 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 714 ​ $ — ​ $ 714 ​ Community Reinvestment Act mutual fund ​ 2,500 ​ — ​ (26) ​ 2,474 ​ Total equity securities with readily determinable fair values ​ $ 2,500 ​ $ 714 ​ $ (26) ​ $ 3,188 ​ ​ ​ 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (Losses) Recognized on Equity Securities ​ ​ ​ Three Months Ended September 30, 2020 Three Months Ended September 30, 2019 (in thousands) Realized Unrealized Total Realized Unrealized Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 50 ​ $ 50 ​ $ — ​ $ 95 ​ $ 95 ​ Community Reinvestment Act mutual fund ​ — ​ 4 ​ 4 ​ — ​ 19 ​ 19 ​ Total equity securities with readily determinable fair value ​ $ — ​ $ 54 ​ $ 54 ​ $ — ​ $ 114 ​ $ 114 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (Losses) Recognized on Equity Securities ​ ​ ​ Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 ​ (in thousands) ​ Realized ​ Unrealized ​ Total ​ Realized ​ Unrealized ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ (178) ​ $ (178) ​ $ — ​ $ 472 ​ $ 472 ​ Community Reinvestment Act mutual fund ​ — ​ 60 ​ 60 ​ — ​ 89 ​ 89 ​ Total equity securities with readily determinable fair value ​ $ — ​ $ (118) ​ $ (118) ​ $ — ​ $ 561 ​ $ 561 ​ ​

LOANS HELD FOR SALE

LOANS HELD FOR SALE	9 Months Ended
	Sep. 30, 2020
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 Fair Value ​ In December 2019, the Bank began offering RCS installment loans with terms ranging from 12 to 60 months to borrowers in multiple states. Balances originated under this RCS installment loan program are carried as “held for sale” on the Bank’s balance sheet, with the intent to sell generally within sixteen days following the Bank’s origination of the loans. Loans originated under this RCS installment loan program are carried at fair value under a fair-value option, with the portfolio marked to market monthly. ​ Activity for consumer loans held for sale and carried at fair value was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 164 ​ $ — ​ $ 598 ​ $ — ​ Origination of consumer loans held for sale ​ 1,559 ​ — ​ 49,300 ​ — ​ Proceeds from the sale of consumer loans held for sale ​ (1,321) ​ — ​ (50,872) ​ — ​ Net gain on sale of consumer loans held for sale ​ 47 ​ — ​ 1,423 ​ — ​ Balance, end of period ​ $ 449 ​ $ — ​ $ 449 ​ $ — ​ ​ Consumer Loans Held for Sale, at the Lower of Cost or Fair Value ​ RCS originates for sale 90% of the balances from its line-of-credit product and a portion of its healthcare receivables product. Ordinary gains or losses on the sale of these 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 Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 12,801 ​ $ 37,609 ​ $ 11,646 ​ $ 12,838 ​ Origination of consumer loans held for sale ​ 107,518 ​ 187,856 ​ 342,388 ​ 534,268 ​ Proceeds from the sale of consumer loans held for sale ​ (109,669) ​ (208,211) ​ (344,919) ​ (532,471) ​ Net gain on sale of consumer loans held for sale ​ 793 ​ 1,250 ​ 2,328 ​ 3,869 ​ Balance, end of period ​ $ 11,443 ​ $ 18,504 ​ $ 11,443 ​ $ 18,504 ​ ​

LOANS AND ALLOWANCE FOR LOAN AN

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES	9 Months Ended
	Sep. 30, 2020
LOANS AND ALLOWANCE FOR CREDIT LOSSES
LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES	4. LOANS AND ALLOWANCE FOR CREDIT LOSSES ​ The composition of the loan portfolio follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 885,011 ​ $ 949,568 ​ Nonowner occupied ​ 256,319 ​ 258,803 ​ Commercial real estate ​ 1,308,867 ​ 1,303,000 ​ Construction & land development ​ 142,465 ​ 159,702 ​ Commercial & industrial ​ 337,925 ​ 468,209 ​ Paycheck Protection Program ​ ​ 514,550 ​ ​ — ​ Lease financing receivables ​ 11,204 ​ 14,040 ​ Aircraft ​ ​ 87,555 ​ ​ 58,941 ​ Home equity ​ 252,839 ​ 293,186 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 14,373 ​ 17,836 ​ Overdrafts ​ 705 ​ 1,522 ​ Automobile loans ​ 35,683 ​ 52,923 ​ Other consumer ​ 9,008 ​ 18,201 ​ Total Traditional Banking ​ ​ 3,856,504 ​ ​ 3,595,931 ​ Warehouse lines of credit* ​ 1,028,675 ​ 717,458 ​ Total Core Banking ​ ​ 4,885,179 ​ ​ 4,313,389 ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group*: ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ ​ — ​ Other TRS loans ​ ​ 233 ​ ​ 14,365 ​ Republic Credit Solutions ​ ​ 108,962 ​ 105,397 ​ Total Republic Processing Group ​ ​ 109,195 ​ ​ 119,762 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total loans** ​ 4,994,374 ​ 4,433,151 ​ Allowance for credit losses ​ (59,891) ​ (43,351) ​ ​ ​ ​ ​ ​ ​ ​ ​ Total loans, net ​ $ 4,934,483 ​ $ 4,389,800 ​ *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) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Contractually receivable ​ $ 5,006,351 ​ $ 4,432,351 ​ Unearned income ​ (805) ​ (1,139) ​ Unamortized premiums ​ 249 ​ 366 ​ Unaccreted discounts ​ (1,040) ​ (2,534) ​ PPP net unamortized deferred origination fees and costs ​ ​ (13,386) ​ ​ — ​ Other net unamortized deferred origination fees and costs ​ 3,005 ​ 4,107 ​ Carrying value of loans ​ $ 4,994,374 ​ $ 4,433,151 ​ ​ Paycheck Protection Program ​ The CARES Act was enacted in March 2020 and provided for the SBA’s PPP, which allowed the Bank to lend to its qualifying small business clients to assist them in their efforts to meet their cash-flow needs during the COVID-19 pandemic. PPP loans are fully backed by the SBA and may be entirely forgiven if the loan client uses loan funds for qualifying reasons. As of September 30, 2020, the Bank had a recorded investment in PPP loans of $515 million, which includes $528 million of originated balances less $13 million of unaccreted net deferred origination fees. To provide liquidity to banks administering the SBA’s PPP, the FRB created the PPPLF, a lending facility secured by the PPP loans of the participating banks. As of September 30, 2020, the Bank had ​ Credit Quality Indicators ​ The Company’s loan segments as of September 30, 2020 remain unchanged from those described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019. The following tables include loans by segment and risk category. Risk categories, which are based on the Bank’s internal analyses, are defined in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019. As of September 30, 2020, for non-revolving loans originated after 2016, loans are also classified by origination year. Loan extensions and renewals are generally considered originated in the year extended or renewed unless the loan is classified as a TDR. Loan extensions and renewals classified as TDRs generally receive no change in origination date upon extension or renewal. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year ​ Amortized ​ Converted ​ ​ ​ As of September 30, 2020 ​ 2020 ​ 2019 ​ 2018 ​ 2017 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate owner occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 167,130 ​ $ 151,524 ​ $ 93,344 ​ $ 75,143 ​ $ 369,495 ​ $ — ​ $ — ​ $ 856,636 Special Mention ​ ​ — ​ ​ — ​ ​ 44 ​ ​ 1,619 ​ ​ 9,310 ​ ​ — ​ ​ — ​ ​ 10,973 Substandard ​ ​ 394 ​ ​ 1,405 ​ ​ 813 ​ ​ 673 ​ ​ 14,117 ​ ​ — ​ ​ — ​ ​ 17,402 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 167,524 ​ $ 152,929 ​ $ 94,201 ​ $ 77,435 ​ $ 392,922 ​ $ — ​ $ — ​ $ 885,011 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate nonowner occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 41,458 ​ $ 68,635 ​ $ 50,298 ​ $ 48,808 ​ $ 46,364 ​ $ — ​ $ — ​ $ 255,563 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 756 ​ ​ — ​ ​ — ​ ​ 756 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 41,458 ​ $ 68,635 ​ $ 50,298 ​ $ 48,808 ​ $ 47,120 ​ $ — ​ $ — ​ $ 256,319 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 200,958 ​ $ 305,221 ​ $ 194,215 ​ $ 197,348 ​ $ 358,958 ​ $ — ​ $ 34,162 ​ $ 1,290,862 Special Mention ​ ​ — ​ ​ 1,988 ​ ​ 120 ​ ​ 1,250 ​ ​ 2,830 ​ ​ — ​ ​ — ​ ​ 6,188 Substandard ​ ​ 2,964 ​ ​ 423 ​ ​ — ​ ​ 1,197 ​ ​ 4,413 ​ ​ — ​ ​ 2,820 ​ ​ 11,817 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 203,922 ​ $ 307,632 ​ $ 194,335 ​ $ 199,795 ​ $ 366,201 ​ $ — ​ $ 36,982 ​ $ 1,308,867 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction and land development: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 50,950 ​ $ 44,658 ​ $ 18,195 ​ $ 5,563 ​ $ 20,508 ​ $ — ​ $ — ​ $ 139,874 Special Mention ​ ​ — ​ ​ 2,409 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 2,409 Substandard ​ ​ 134 ​ ​ 48 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 182 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 51,084 ​ $ 47,115 ​ $ 18,195 ​ $ 5,563 ​ $ 20,508 ​ $ — ​ $ — ​ $ 142,465 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 101,782 ​ $ 106,292 ​ $ 40,773 ​ $ 36,229 ​ $ 50,249 ​ $ — ​ $ — ​ $ 335,325 Special Mention ​ ​ 627 ​ ​ — ​ ​ — ​ ​ — ​ ​ 20 ​ ​ — ​ ​ — ​ ​ 647 Substandard ​ ​ 1,477 ​ ​ 476 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,953 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 103,886 ​ $ 106,768 ​ $ 40,773 ​ $ 36,229 ​ $ 50,269 ​ $ — ​ $ — ​ $ 337,925 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Paycheck Protection Program: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 514,550 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 514,550 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 514,550 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 514,550 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease financing receivables: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 876 ​ $ 4,541 ​ $ 1,949 ​ $ 3,088 ​ $ 750 ​ $ — ​ $ — ​ $ 11,204 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 876 ​ $ 4,541 ​ $ 1,949 ​ $ 3,088 ​ $ 750 ​ $ — ​ $ — ​ $ 11,204 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aircraft: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 31,658 ​ $ 36,155 ​ $ 18,316 ​ $ 1,426 ​ $ — ​ $ — ​ $ — ​ $ 87,555 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 31,658 ​ $ 36,155 ​ $ 18,316 ​ $ 1,426 ​ $ — ​ $ — ​ $ — ​ $ 87,555 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 249,791 ​ $ — ​ $ 249,791 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 126 ​ ​ — ​ ​ 126 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 2,922 ​ ​ — ​ ​ 2,922 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 252,839 ​ $ — ​ $ 252,839 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year (Continued) ​ Amortized ​ Converted ​ ​ ​ ​ As of September 30, 2020 ​ 2020 ​ 2019 ​ 2018 ​ 2017 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 363 ​ $ 14,893 ​ $ 10,425 ​ $ 8,489 ​ $ 10,555 ​ $ 14,512 ​ $ — ​ $ 59,237 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 7 ​ ​ — ​ ​ — ​ ​ 7 ​ Substandard ​ ​ — ​ ​ 35 ​ ​ 53 ​ ​ 191 ​ ​ 246 ​ ​ — ​ ​ — ​ ​ 525 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 363 ​ $ 14,928 ​ $ 10,478 ​ $ 8,680 ​ $ 10,808 ​ $ 14,512 ​ $ — ​ $ 59,769 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Warehouse: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 1,028,675 ​ $ — ​ $ 1,028,675 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 1,028,675 ​ $ — ​ $ 1,028,675 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TRS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 93 ​ $ — ​ $ 93 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 140 ​ ​ — ​ ​ 140 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 233 ​ $ — ​ $ 233 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RCS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 22,138 ​ $ 7,159 ​ $ 3,050 ​ $ 1,454 ​ $ 1,546 ​ $ 73,302 ​ $ — ​ $ 108,649 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 313 ​ ​ — ​ ​ 313 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 22,138 ​ $ 7,159 ​ $ 3,050 ​ $ 1,454 ​ $ 1,546 ​ $ 73,615 ​ $ — ​ $ 108,962 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grand Total: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 1,131,863 ​ $ 739,078 ​ $ 430,565 ​ $ 377,548 ​ $ 858,425 ​ $ 1,366,373 ​ $ 34,162 ​ $ 4,938,014 ​ Special Mention ​ ​ 627 ​ ​ 4,397 ​ ​ 164 ​ ​ 2,869 ​ ​ 12,167 ​ ​ 126 ​ ​ — ​ ​ 20,350 ​ Substandard ​ ​ 4,969 ​ ​ 2,387 ​ ​ 866 ​ ​ 2,061 ​ ​ 19,532 ​ ​ 3,375 ​ ​ 2,820 ​ ​ 36,010 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Grand Total ​ $ 1,137,459 ​ $ 745,862 ​ $ 431,595 ​ $ 382,478 ​ $ 890,124 ​ $ 1,369,874 ​ $ 36,982 ​ $ 4,994,374 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 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 ​ $ — ​ $ 12,153 ​ $ 14,441 ​ $ — ​ $ 140 ​ $ 1,281 ​ $ 28,015 ​ Nonowner occupied ​ — ​ 487 ​ 1,285 ​ — ​ — ​ — ​ 1,772 ​ Commercial real estate ​ 1,286,623 ​ 4,623 ​ 11,123 ​ — ​ 631 ​ — ​ 1,303,000 ​ Construction & land development ​ 157,165 ​ 2,339 ​ 198 ​ — ​ — ​ — ​ 159,702 ​ Commercial & industrial ​ 464,067 ​ 2,152 ​ 1,968 ​ — ​ 22 ​ — ​ 468,209 ​ Lease financing receivables ​ 14,040 ​ — ​ — ​ — ​ — ​ — ​ 14,040 ​ Aircraft ​ ​ 9,027 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 9,027 ​ Home equity ​ — ​ — ​ 3,276 ​ — ​ 4 ​ 6 ​ 3,286 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ — ​ — ​ — ​ — ​ — ​ — ​ — ​ Overdrafts ​ — ​ — ​ — ​ — ​ — ​ — ​ — ​ Automobile loans ​ — ​ — ​ 247 ​ — ​ — ​ — ​ 247 ​ Other consumer ​ — ​ — ​ 351 ​ — ​ — ​ 2 ​ 353 ​ Total Traditional Banking ​ ​ 1,930,922 ​ ​ 21,754 ​ ​ 32,889 ​ ​ — ​ ​ 797 ​ ​ 1,289 ​ ​ 1,987,651 ​ Warehouse lines of credit ​ 717,458 ​ — ​ — ​ — ​ — ​ — ​ 717,458 ​ Total Core Banking ​ ​ 2,648,380 ​ ​ 21,754 ​ ​ 32,889 ​ ​ — ​ ​ 797 ​ ​ 1,289 ​ ​ 2,705,109 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ — ​ — ​ — ​ — ​ — ​ — ​ — ​ Other TRS loans ​ ​ — ​ ​ — ​ ​ 53 ​ ​ — ​ ​ — ​ ​ — ​ ​ 53 ​ Republic Credit Solutions ​ — ​ — ​ 355 ​ — ​ — ​ — ​ 355 ​ Total Republic Processing Group ​ ​ — ​ ​ — ​ ​ 408 ​ ​ — ​ ​ — ​ ​ — ​ ​ 408 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total rated loans ​ $ 2,648,380 ​ $ 21,754 ​ $ 33,297 ​ $ — ​ $ 797 ​ $ 1,289 ​ $ 2,705,517 ​ *The above table excludes all non-classified residential real estate, home equity and consumer loans . ​ ​ Allowance for Credit Losses on Loans ​ The following table presents the activity in the ACLL by portfolio class: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Rollforward ​ ​ ​ Three Months Ended September 30, ​ ​ ​ 2020 ​ 2019 ​ ​ ​ 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 ​ ​ $ 9,303 ​ $ 330 ​ $ (13) ​ $ 21 ​ $ 9,641 ​ $ 5,213 ​ ​ $ (314) ​ $ (17) ​ $ 121 ​ $ 5,003 Nonowner occupied ​ ​ ​ 2,274 ​ ​ 96 ​ ​ — ​ ​ 7 ​ ​ 2,377 ​ ​ 1,775 ​ ​ ​ 40 ​ ​ — ​ ​ 5 ​ ​ 1,820 Commercial real estate ​ ​ ​ 16,300 ​ ​ 4,663 ​ ​ — ​ ​ — ​ ​ 20,963 ​ ​ 10,566 ​ ​ ​ 1,390 ​ ​ (1,407) ​ ​ — ​ ​ 10,549 Construction & land development ​ ​ ​ 4,940 ​ ​ (341) ​ ​ — ​ ​ — ​ ​ 4,599 ​ ​ 2,910 ​ ​ ​ (93) ​ ​ — ​ ​ — ​ ​ 2,817 Commercial & industrial ​ ​ ​ 2,405 ​ ​ 654 ​ ​ (255) ​ ​ 80 ​ ​ 2,884 ​ ​ 4,221 ​ ​ ​ 155 ​ ​ — ​ ​ 1 ​ ​ 4,377 Paycheck Protection Program ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — Lease financing receivables ​ ​ ​ 125 ​ ​ (8) ​ ​ — ​ ​ — ​ ​ 117 ​ ​ 181 ​ ​ ​ (25) ​ ​ — ​ ​ — ​ ​ 156 Aircraft ​ ​ ​ 208 ​ ​ 11 ​ ​ — ​ ​ — ​ ​ 219 ​ ​ 125 ​ ​ ​ 22 ​ ​ — ​ ​ — ​ ​ 147 Home equity ​ ​ ​ 5,124 ​ ​ (7) ​ ​ (14) ​ ​ 21 ​ ​ 5,124 ​ ​ 3,124 ​ ​ ​ (102) ​ ​ — ​ ​ 23 ​ ​ 3,045 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 928 ​ ​ 36 ​ ​ (29) ​ ​ 7 ​ ​ 942 ​ ​ 1,028 ​ ​ ​ 54 ​ ​ (77) ​ ​ 18 ​ ​ 1,023 Overdrafts ​ ​ ​ 488 ​ ​ 324 ​ ​ (157) ​ ​ 50 ​ ​ 705 ​ ​ 894 ​ ​ ​ 491 ​ ​ (363) ​ ​ 53 ​ ​ 1,075 Automobile loans ​ ​ ​ 473 ​ ​ (67) ​ ​ — ​ ​ — ​ ​ 406 ​ ​ 708 ​ ​ ​ (32) ​ ​ (23) ​ ​ — ​ ​ 653 Other consumer ​ ​ ​ 609 ​ ​ 92 ​ ​ (41) ​ ​ 20 ​ ​ 680 ​ ​ 424 ​ ​ ​ (31) ​ ​ (84) ​ ​ 79 ​ ​ 388 Total Traditional Banking ​ ​ ​ 43,177 ​ ​ 5,783 ​ ​ (509) ​ ​ 206 ​ ​ 48,657 ​ ​ 31,169 ​ ​ ​ 1,555 ​ ​ (1,971) ​ ​ 300 ​ ​ 31,053 Warehouse lines of credit ​ ​ ​ 2,575 ​ ​ (3) ​ ​ — ​ ​ — ​ ​ 2,572 ​ ​ 1,814 ​ ​ ​ 620 ​ ​ — ​ ​ — ​ ​ 2,434 Total Core Banking ​ ​ ​ 45,752 ​ ​ 5,780 ​ ​ (509) ​ ​ 206 ​ ​ 51,229 ​ ​ 32,983 ​ ​ ​ 2,175 ​ ​ (1,971) ​ ​ 300 ​ ​ 33,487 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ ​ — ​ ​ (4,294) ​ ​ — ​ ​ 4,294 ​ ​ — ​ ​ — ​ ​ ​ (2,098) ​ ​ — ​ ​ 2,098 ​ ​ — Other TRS loans ​ ​ ​ 211 ​ ​ (48) ​ ​ (22) ​ ​ — ​ ​ 141 ​ ​ 232 ​ ​ ​ 90 ​ ​ (90) ​ ​ 2 ​ ​ 234 Republic Credit Solutions ​ ​ ​ 9,134 ​ ​ (12) ​ ​ (684) ​ ​ 83 ​ ​ 8,521 ​ ​ 12,768 ​ ​ ​ 2,986 ​ ​ (2,799) ​ ​ 256 ​ ​ 13,211 Total Republic Processing Group ​ ​ ​ 9,345 ​ ​ (4,354) ​ ​ (706) ​ ​ 4,377 ​ ​ 8,662 ​ ​ 13,000 ​ ​ ​ 978 ​ ​ (2,889) ​ ​ 2,356 ​ ​ 13,445 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 55,097 ​ $ 1,426 ​ $ (1,215) ​ $ 4,583 ​ $ 59,891 ​ $ 45,983 ​ ​ $ 3,153 ​ $ (4,860) ​ $ 2,656 ​ $ 46,932 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Rollforward ​ ​ ​ Nine Months Ended September 30, ​ ​ ​ 2020 ​ ​ 2019 ​ ​ ​ Beginning ​ ASC 326 ​ ​ ​ Charge- ​ ​ ​ Ending ​ ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ ​ $ 4,729 ​ $ 4,199 ​ $ 648 ​ $ (40) ​ $ 105 ​ $ 9,641 ​ ​ $ 6,035 ​ $ (1,011) ​ $ (401) ​ $ 380 ​ $ 5,003 Nonowner occupied ​ ​ ​ 1,737 ​ ​ 148 ​ ​ 481 ​ ​ — ​ ​ 11 ​ ​ 2,377 ​ ​ ​ 1,662 ​ ​ 218 ​ ​ (73) ​ ​ 13 ​ ​ 1,820 Commercial real estate ​ ​ ​ 10,486 ​ ​ 273 ​ ​ 10,002 ​ ​ (270) ​ ​ 472 ​ ​ 20,963 ​ ​ ​ 10,030 ​ ​ 1,922 ​ ​ (1,407) ​ ​ 4 ​ ​ 10,549 Construction & land development ​ ​ ​ 2,152 ​ ​ 1,447 ​ ​ 1,000 ​ ​ — ​ ​ — ​ ​ 4,599 ​ ​ ​ 2,555 ​ ​ 262 ​ ​ — ​ ​ — ​ ​ 2,817 Commercial & industrial ​ ​ ​ 2,882 ​ ​ (1,318) ​ ​ 1,643 ​ ​ (447) ​ ​ 124 ​ ​ 2,884 ​ ​ ​ 2,873 ​ ​ 1,498 ​ ​ — ​ ​ 6 ​ ​ 4,377 Paycheck Protection Program ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ Lease financing receivables ​ ​ ​ 147 ​ ​ — ​ ​ (30) ​ ​ — ​ ​ — ​ ​ 117 ​ ​ ​ 158 ​ ​ (2) ​ ​ — ​ ​ — ​ ​ 156 Aircraft ​ ​ ​ 176 ​ ​ — ​ ​ 43 ​ ​ — ​ ​ — ​ ​ 219 ​ ​ ​ 91 ​ ​ 56 ​ ​ — ​ ​ — ​ ​ 147 Home equity ​ ​ ​ 2,721 ​ ​ 1,652 ​ ​ 657 ​ ​ (14) ​ ​ 108 ​ ​ 5,124 ​ ​ ​ 3,477 ​ ​ (480) ​ ​ (13) ​ ​ 61 ​ ​ 3,045 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 1,020 ​ ​ 33 ​ ​ 74 ​ ​ (206) ​ ​ 21 ​ ​ 942 ​ ​ ​ 1,140 ​ ​ 133 ​ ​ (303) ​ ​ 53 ​ ​ 1,023 Overdrafts ​ ​ ​ 1,169 ​ ​ — ​ ​ 13 ​ ​ (660) ​ ​ 183 ​ ​ 705 ​ ​ ​ 1,102 ​ ​ 760 ​ ​ (956) ​ ​ 169 ​ ​ 1,075 Automobile loans ​ ​ ​ 612 ​ ​ (7) ​ ​ (220) ​ ​ (8) ​ ​ 29 ​ ​ 406 ​ ​ ​ 724 ​ ​ (55) ​ ​ (23) ​ ​ 7 ​ ​ 653 Other consumer ​ ​ ​ 374 ​ ​ 307 ​ ​ (81) ​ ​ (86) ​ ​ 166 ​ ​ 680 ​ ​ ​ 500 ​ ​ (130) ​ ​ (198) ​ ​ 216 ​ ​ 388 Total Traditional Banking ​ ​ ​ 28,205 ​ ​ 6,734 ​ ​ 14,230 ​ ​ (1,731) ​ ​ 1,219 ​ ​ 48,657 ​ ​ ​ 30,347 ​ ​ 3,171 ​ ​ (3,374) ​ ​ 909 ​ ​ 31,053 Warehouse lines of credit ​ ​ ​ 1,794 ​ ​ — ​ ​ 778 ​ ​ — ​ ​ — ​ ​ 2,572 ​ ​ ​ 1,172 ​ ​ 1,262 ​ ​ — ​ ​ — ​ ​ 2,434 Total Core Banking ​ ​ ​ 29,999 ​ ​ 6,734 ​ ​ 15,008 ​ ​ (1,731) ​ ​ 1,219 ​ ​ 51,229 ​ ​ ​ 31,519 ​ ​ 4,433 ​ ​ (3,374) ​ ​ 909 ​ ​ 33,487 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ ​ — ​ ​ — ​ ​ 15,239 ​ ​ (19,575) ​ ​ 4,336 ​ ​ — ​ ​ ​ — ​ ​ 11,322 ​ ​ (13,425) ​ ​ 2,103 ​ ​ — Other TRS loans ​ ​ ​ 234 ​ ​ — ​ ​ — ​ ​ (94) ​ ​ 1 ​ ​ 141 ​ ​ ​ 107 ​ ​ 496 ​ ​ (371) ​ ​ 2 ​ ​ 234 Republic Credit Solutions ​ ​ ​ 13,118 ​ ​ — ​ ​ 251 ​ ​ (5,401) ​ ​ 553 ​ ​ 8,521 ​ ​ ​ 13,049 ​ ​ 8,593 ​ ​ (9,306) ​ ​ 875 ​ ​ 13,211 Total Republic Processing Group ​ ​ ​ 13,352 ​ ​ — ​ ​ 15,490 ​ ​ (25,070) ​ ​ 4,890 ​ ​ 8,662 ​ ​ ​ 13,156 ​ ​ 20,411 ​ ​ (23,102) ​ ​ 2,980 ​ ​ 13,445 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 43,351 ​ $ 6,734 ​ $ 30,498 ​ $ (26,801) ​ $ 6,109 ​ $ 59,891 ​ ​ $ 44,675 ​ $ 24,844 ​ $ (26,476) ​ $ 3,889 ​ $ 46,932 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The cumulative loss rate used as the basis for the estimate of ACLL at September 30, 2020 was primarily based on a static pool analysis of each of the Company’s loan pools using the Company’s loss experience from 2013 through 2019, adjusted for current and forecasted conditions that consider the economic impact of the COVID-19 pandemic and the public’s response to it. ​ The Company’s primary forecasting tool throughout 2020 has been the U.S. national employment rate. At March 31, 2020 and June 30, 2020, the Company forecasted national unemployment in the one-year horizon above 8% , which was either at or above the levels of unemployment experienced within the Company’s historical periods or considered within its current-conditions qualitative factors. These forecasted unemployment levels from March and June of 2020 led the Company to increase its ACLL through June 30, 2020. In contrast, the U.S. unemployment rate fell from 11.1% in June 2020 to 7.9% in September 2020 and was forecasted to stay at this lower range between 5% and 8% in the one-year horizon. As losses consistent with unemployment above 8% have yet to materialize since they were first forecasted back in March 2020, the Company believes its loan losses in the current environment are lagging historical correlations by as much as one year due to economic relief granted by the Company and the U.S. government thus far. As such, the Company did not relieve any forecast-based ACLL previously established prior to the third quarter of 2020 but reclassified this ACLL from a forecast-based ACLL to a current-conditions based ACLL, as the Company still expects its loan losses to rise to levels consistent with a U.S. unemployment rate above 8% . After this expected rise, the Company assumes that its loan losses will immediately revert back to long-term historical averages. ​ Along with its forecasted unemployment considerations, the Company made the following pandemic-related considerations within its ACLL during 2020: ​ ● The Company accommodated deferral and forbearance requests for approximately 20% of its Traditional Bank loan portfolio due to COVID-19 hardship and increased its ACLL for the higher risk of loss on this accommodated portfolio. ● The Company increased its ACLL for the higher risk of loss for industries more directly impacted by the pandemic, such as the hospitality industry. ● For its CRE loan pool, the Company used forecasted vacancy rates on CRE within its market footprint. Vacancy rates as of September 2020 were forecasted to increase in the one-year horizon partially due to a rise in “work-from-home” culture. ​ Nonperforming Loans and Nonperforming Assets ​ Detail of nonperforming loans, nonperforming assets and select credit quality ratios follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ (dollars in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Loans on nonaccrual status* ​ $ 20,910 ​ $ 23,332 ​ Loans past due 90-days-or-more and still on accrual** ​ 175 ​ 157 ​ Total nonperforming loans ​ 21,085 ​ 23,489 ​ Other real estate owned ​ 2,056 ​ 113 ​ Total nonperforming assets ​ $ 23,141 ​ $ 23,602 ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Quality Ratios - Total Company: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonperforming loans to total loans ​ 0.42 % 0.53 % Nonperforming assets to total loans (including OREO) ​ 0.46 ​ 0.53 ​ Nonperforming assets to total assets ​ 0.37 ​ 0.42 ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Quality Ratios - Core Bank: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonperforming loans to total loans ​ 0.43 % 0.54 % Nonperforming assets to total loans (including OREO) ​ 0.47 ​ 0.54 ​ Nonperforming assets to total assets ​ 0.39 ​ 0.43 ​ * Loans on nonaccrual status include collateral-dependent loans. ** Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. ​ ​ The following tables present the recorded investment in nonaccrual loans and loans past due 90-days-or-more and still on accrual by class of loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Past Due 90-Days-or-More ​ ​ ​ Nonaccrual ​ ​ and Still Accruing Interest* ​ (in thousands) September 30, 2020 December 31, 2019 September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 14,682 ​ $ 12,220 ​ ​ $ — ​ $ — ​ Nonowner occupied ​ 116 ​ 623 ​ ​ — ​ — ​ Commercial real estate ​ 3,206 ​ 6,865 ​ ​ — ​ — ​ Construction & land development ​ — ​ 143 ​ ​ — ​ — ​ Commercial & industrial ​ 522 ​ 1,424 ​ ​ — ​ — ​ Paycheck Protection Program ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ Lease financing receivables ​ — ​ — ​ ​ — ​ — ​ Aircraft ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ Home equity ​ 2,210 ​ 1,865 ​ ​ — ​ — ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ — ​ — ​ ​ — ​ — ​ Overdrafts ​ — ​ — ​ ​ — ​ — ​ Automobile loans ​ 161 ​ 179 ​ ​ — ​ — ​ Other consumer ​ 13 ​ 13 ​ ​ — ​ — ​ Total Traditional Banking ​ ​ 20,910 ​ ​ 23,332 ​ ​ ​ — ​ ​ — ​ Warehouse lines of credit ​ — ​ — ​ ​ — ​ — ​ Total Core Banking ​ ​ 20,910 ​ ​ 23,332 ​ ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ Other TRS loans ​ — ​ — ​ ​ 140 ​ 53 ​ Republic Credit Solutions ​ ​ — ​ ​ — ​ ​ ​ 35 ​ ​ 104 ​ Total Republic Processing Group ​ ​ — ​ ​ — ​ ​ ​ 175 ​ ​ 157 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 20,910 ​ $ 23,332 ​ ​ $ 175 ​ $ 157 ​ * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ As of September 30, 2020 ​ September 30, 2020 ​ September 30, 2020 ​ Nonaccrual Nonaccrual Total Interest Income Interest Income ​ ​ Loans with ​ Loans without ​ Nonaccrual ​ Recognized ​ Recognized (in thousands) ​ ACLL ​ ACLL ​ Loans ​ on Nonaccrual Loans* ​ on Nonaccrual Loans* ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 2,670 ​ $ 12,012 ​ $ 14,682 ​ $ 252 ​ $ 649 Nonowner occupied ​ — ​ ​ 116 ​ ​ 116 ​ ​ 2 ​ ​ 6 Commercial real estate ​ 328 ​ ​ 2,878 ​ ​ 3,206 ​ ​ 17 ​ ​ 854 Construction & land development ​ — ​ ​ — ​ ​ — ​ ​ 7 ​ ​ 7 Commercial & industrial ​ — ​ ​ 522 ​ ​ 522 ​ ​ 7 ​ ​ 16 Paycheck Protection Program ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Lease financing receivables ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Home equity ​ 147 ​ ​ 2,063 ​ ​ 2,210 ​ ​ 29 ​ ​ 81 Consumer ​ ​ 94 ​ ​ 80 ​ ​ 174 ​ ​ 3 ​ ​ 9 Total ​ $ 3,239 ​ $ 17,671 ​ $ 20,910 ​ $ 317 ​ $ 1,622 * Includes interest income for loans on nonaccrual as of the beginning of the period that were paid off during the period. ​ ​ Nonaccrual loans and loans past due 90-days-or-more and still on accrual include both smaller balance, primarily retail, homogeneous 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 ​ ​ ​ September 30, 2020 Days ​ Days ​ Days ​ Total ​ Total ​ ​ ​ (dollars in thousands) ​ Delinquent ​ Delinquent ​ Delinquent* ​ Delinquent** ​ Current ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 621 ​ $ 497 ​ $ 2,376 ​ $ 3,494 ​ $ 881,517 ​ $ 885,011 ​ Nonowner occupied ​ — ​ — ​ — ​ — ​ 256,319 ​ 256,319 ​ Commercial real estate ​ 2,739 ​ — ​ 2,878 ​ 5,617 ​ 1,303,250 ​ 1,308,867 ​ Construction & land development ​ — ​ — ​ — ​ — ​ 142,465 ​ 142,465 ​ Commercial & industrial ​ — ​ — ​ 488 ​ 488 ​ 337,437 ​ 337,925 ​ Paycheck Protection Program ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 514,550 ​ ​ 514,550 ​ Lease financing receivables ​ — ​ — ​ — ​ — ​ 11,204 ​ 11,204 ​ Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 87,555 ​ ​ 87,555 ​ Home equity ​ 270 ​ — ​ 826 ​ 1,096 ​ 251,743 ​ 252,839 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 62 ​ 63 ​ — ​ 125 ​ 14,248 ​ 14,373 ​ Overdrafts ​ 141 ​ — ​ — ​ 141 ​ 564 ​ 705 ​ Automobile loans ​ 68 ​ — ​ 26 ​ 94 ​ 35,589 ​ 35,683 ​ Other consumer ​ 8 ​ 6 ​ — ​ 14 ​ 8,994 ​ 9,008 ​ Total Traditional Banking ​ ​ 3,909 ​ ​ 566 ​ ​ 6,594 ​ ​ 11,069 ​ ​ 3,845,435 ​ ​ 3,856,504 ​ Warehouse lines of credit ​ — ​ — ​ — ​ — ​ 1,028,675 ​ 1,028,675 ​ Total Core Banking ​ ​ 3,909 ​ ​ 566 ​ ​ 6,594 ​ ​ 11,069 ​ ​ 4,874,110 ​ ​ 4,885,179 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ — ​ — ​ — ​ — ​ — ​ Other TRS loans ​ — ​ — ​ 140 ​ 140 ​ 93 ​ 233 ​ Republic Credit Solutions ​ ​ 4,459 ​ 1,350 ​ 35 ​ 5,844 ​ 103,118 ​ 108,962 ​ Total Republic Processing Group ​ ​ 4,459 ​ ​ 1,350 ​ ​ 175 ​ ​ 5,984 ​ ​ 103,211 ​ ​ 109,195 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 8,368 ​ $ 1,916 ​ $ 6,769 ​ $ 17,053 ​ $ 4,977,321 ​ $ 4,994,374 ​ Delinquency ratio*** ​ 0.17 % 0.04 % 0.14 % 0.34 % ​ ​ ​ ​ ​ ​ * 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. *** 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, 2019 Days ​ Days ​ Days ​ Total ​ Total ​ ​ ​ (dollars in thousands) ​ Delinquent ​ Delinquent ​ Delinquent* ​ Delinquent** ​ Current ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 1,460 ​ $ 1,153 ​ $ 1,821 ​ $ 4,434 ​ $ 945,134 ​ $ 949,568 ​ Nonowner occupied ​ — ​ — ​ 539 ​ 539 ​ 258,264 ​ 258,803 ​ Commercial real estate ​ 155 ​ — ​ 3,145 ​ 3,300 ​ 1,299,700 ​ 1,303,000 ​ Construction & land development ​ — ​ — ​ — ​ — ​ 159,702 ​ 159,702 ​ Commercial & industrial ​ 200 ​ 128 ​ 1,027 ​ 1,355 ​ 466,854 ​ 468,209 ​ Lease financing receivables ​ — ​ — ​ — ​ — ​ 14,040 ​ 14,040 ​ Aircraft ​ ​ — ​ — ​ — ​ — ​ 58,941 ​ 58,941 ​ Home equity ​ 1,810 ​ 166 ​ 942 ​ 2,918 ​ 290,268 ​ 293,186 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 80 ​ 75 ​ — ​ 155 ​ 17,681 ​ 17,836 ​ Overdrafts ​ 278 ​ 4 ​ 1 ​ 283 ​ 1,239 ​ 1,522 ​ Automobile loans ​ 16 ​ 15 ​ 18 ​ 49 ​ 52,874 ​ 52,923 ​ Other consumer ​ 2 ​ 6 ​ 1 ​ 9 ​ 18,192 ​ 18,201 ​ Total Traditional Banking ​ ​ 4,001 ​ ​ 1,547 ​ ​ 7,494 ​ ​ 13,042 ​ ​ 3,582,889 ​ ​ 3,595,931 ​ Warehouse lines of credit ​ — ​ — ​ — ​ — ​ 717,458 ​ 717,458 ​ Total Core Banking ​ ​ 4,001 ​ ​ 1,547 ​ ​ 7,494 ​ ​ 13,042 ​ ​ 4,300,347 ​ ​ 4,313,389 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rep

DEPOSITS

DEPOSITS	9 Months Ended
	Sep. 30, 2020
DEPOSITS
DEPOSITS	5. DEPOSITS ​ The composition of the deposit portfolio follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Core Bank: ​ ​ ​ ​ ​ ​ ​ Demand ​ $ 1,148,683 ​ $ 922,972 ​ Money market accounts ​ 723,798 ​ 793,950 ​ Savings ​ 220,106 ​ 175,588 ​ Individual retirement accounts (1) ​ 50,348 ​ 51,548 ​ Time deposits, $250 and over (1) ​ 99,972 ​ 104,412 ​ Other certificates of deposit (1) ​ 231,586 ​ 248,161 ​ Reciprocal money market and time deposits (1) ​ 291,077 ​ 189,774 ​ Brokered deposits (1) ​ 345,533 ​ 200,072 ​ Total Core Bank interest-bearing deposits ​ 3,111,103 ​ 2,686,477 ​ Total Core Bank noninterest-bearing deposits ​ ​ 1,496,111 ​ ​ 981,164 ​ Total Core Bank deposits ​ ​ 4,607,214 ​ ​ 3,667,641 ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ Money market accounts ​ ​ 4,808 ​ ​ 66,152 ​ Total RPG interest-bearing deposits ​ ​ 4,808 ​ ​ 66,152 ​ ​ ​ ​ ​ ​ ​ ​ ​ Brokered prepaid card deposits ​ ​ 237,514 ​ ​ 9,128 ​ Other noninterest-bearing deposits ​ ​ 142,793 ​ ​ 43,087 ​ Total RPG noninterest-bearing deposits ​ ​ 380,307 ​ ​ 52,215 ​ Total RPG deposits ​ ​ 385,115 ​ ​ 118,367 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total deposits ​ $ 4,992,329 ​ $ 3,786,008 ​ (1) Includes time deposits. ​ ​

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	9 Months Ended
	Sep. 30, 2020
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	6. SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS ​ Securities sold under agreements to repurchase consist of short-term excess funds from correspondent banks, repurchase agreements and overnight liabilities to deposit clients arising from the Bank’s treasury management program. While comparable to deposits in their transactional nature, these overnight liabilities to clients are in the form of repurchase agreements. Repurchase agreements collateralized by securities are treated as financings; accordingly, the securities involved with the agreements are recorded as assets and are held by a safekeeping agent and the obligations to repurchase the securities are reflected as liabilities. Should the fair value of currently pledged securities fall below the associated repurchase agreements, the Bank would be required to pledge additional securities. To mitigate the risk of under collateralization, the Bank typically pledges at least two percent more in securities than the associated repurchase agreements. All such securities are under the Bank’s control. ​ At September 30, 2020 and December 31, 2019, all securities sold under agreements to repurchase had overnight maturities. Additional information regarding securities sold under agreements to repurchase follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (dollars in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding balance at end of period ​ $ 126,172 ​ ​ $ 167,617 ​ ​ ​ Weighted average interest rate at end of period ​ 0.04 % ​ 0.32 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of securities pledged: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 15,116 ​ ​ $ 70,015 ​ ​ ​ Mortgage backed securities - residential ​ ​ 105,228 ​ ​ ​ 134,265 ​ ​ ​ Collateralized mortgage obligations ​ ​ 39,340 ​ ​ ​ 17,030 ​ ​ ​ Total securities pledged ​ $ 159,684 ​ ​ $ 221,310 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ Nine Months Ended ​ ​ ​ ​ September 30, ​ ​ September 30, ​ ​ ​ (dollars in thousands) 2020 ​ 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period $ 213,010 ​ $ 246,889 ​ ​ $ 199,556 ​ $ 232,949 ​ ​ ​ Average interest rate during the period ​ ​ 0.04 % ​ ​ 0.48 % ​ ​ 0.11 % ​ ​ 0.60 % ​ ​ Maximum outstanding at any month end during the period $ 195,229 ​ $ 219,812 ​ ​ $ 195,229 ​ $ 226,002 ​ ​ ​ ​

RIGHT-OF-USE ASSETS AND OPERATI

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	9 Months Ended
	Sep. 30, 2020
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	7. RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES ​ The Company records 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. ​ At September 30, 2020, the Company was under 49 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 September 30, 2020, payments on ​ The Company executed four new operating leases during 2020 with a total right-of-use asset value of approximately $14 million. The largest of these ​ 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 and nine months ended September 30, 2020 and 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ Nine Months Ended ​ September 30, ​ ​ September 30, (in thousands) 2020 ​ 2019 ​ 2020 ​ 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Related Party: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable lease expense ​ $ 1,235 $ 1,164 ​ ​ $ 3,706 ​ $ 3,478 Fixed lease expense ​ 23 ​ ​ 10 ​ ​ ​ 69 ​ ​ 28 Third Party: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable lease expense ​ ​ 180 ​ ​ 210 ​ ​ ​ 541 ​ ​ 644 Fixed lease expense ​ ​ 371 ​ ​ 392 ​ ​ ​ 1,109 ​ ​ 1,137 Short-term lease expense ​ ​ 3 ​ ​ 14 ​ ​ ​ 7 ​ ​ 40 Total operating lease expense ​ $ 1,812 $ 1,790 ​ ​ $ 5,432 ​ $ 5,327 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other information concerning operating leases: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash paid for amounts included in the measurement of operating lease liabilities ​ $ 1,817 ​ $ 1,795 ​ ​ $ 5,448 ​ ​ 5,372 Short-term lease payments not included in the measurement of lease liabilities ​ ​ 3 ​ ​ 14 ​ ​ ​ 7 ​ ​ 40 ​ 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 September 30, 2020 and December 31, 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ ​ December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average remaining term in years ​ ​ 8.58 ​ ​ ​ 8.02 ​ Weighted average discount rate ​ 3.12 % ​ ​ 3.46 % ​ ​ 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 September 30, 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year (in thousands) Related Party Third Party Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020 $ 1,159 $ 650 $ 1,809 ​ 2021 ​ 4,638 ​ 2,442 ​ 7,080 ​ 2022 ​ 4,639 ​ 2,120 ​ 6,759 ​ 2023 ​ 4,639 ​ 1,600 ​ 6,239 ​ 2024 ​ 4,512 ​ 1,173 ​ 5,685 ​ Thereafter ​ 20,144 ​ 3,376 ​ 23,520 ​ Total undiscounted cash flows ​ $ 39,731 ​ $ 11,361 ​ $ 51,092 ​ Discount applied to cash flows ​ ​ (5,034) ​ ​ (1,348) ​ ​ (6,382) ​ Total discounted cash flows reported as operating lease liabilities ​ $ 34,697 ​ $ 10,013 ​ $ 44,710 ​ ​

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	9 Months Ended
	Sep. 30, 2020
FEDERAL HOME LOAN BANK ADVANCES
FEDERAL HOME LOAN BANK ADVANCES	8. FEDERAL HOME LOAN BANK ADVANCES ​ FHLB advances were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Overnight advances ​ $ 25,000 ​ $ 200,000 ​ Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% ​ 10,000 ​ 10,000 ​ Fixed interest rate advances ​ 97,500 ​ 540,000 ​ Total FHLB advances ​ $ 132,500 ​ $ 750,000 ​ ​ 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 September 30, 2020 and December 31, 2019, Republic had available borrowing capacity of $692 million and $259 million, respectively, from the FHLB. In addition to its borrowing capacity with the FHLB, Republic also had unsecured lines of credit totaling $125 million and $125 million available through various other financial institutions as of September 30, 2020 and December 31, 2019. ​ 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 ​ ​ ​ ​ ​ ​ ​ 2020 (Overnight) $ 25,000 0.17 % 2020 (Term) ​ 37,500 ​ 1.37 ​ 2021 ​ 30,000 1.93 ​ 2022 ​ 20,000 2.12 ​ 2023 ​ 20,000 2.56 ​ 2024 ​ — — ​ Thereafter ​ — — ​ Total ​ $ 132,500 1.56 % ​ ​ 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 ​ ​ Nine Months Ended ​ ​ ​ September 30, ​ ​ September 30, ​ (dollars in thousands) 2020 ​ 2019 ​ 2020 ​ 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period $ 272 ​ $ 357,685 ​ $ 29,106 ​ $ 340,502 ​ Average interest rate during the period ​ ​ 0.17 % ​ ​ 2.34 % ​ ​ 0.92 % ​ ​ 2.45 % Maximum outstanding at any month end during the period $ 25,000 ​ $ 785,000 ​ $ 250,000 ​ $ 785,000 ​ ​ The following table illustrates real estate loans pledged to collateralize advances and letters of credit with the FHLB: ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ First lien, single family residential real estate ​ $ 1,034,137 ​ $ 1,099,941 ​ Home equity lines of credit ​ 237,389 ​ 274,990 ​ ​

OFF BALANCE SHEET RISKS, COMMIT

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	9 Months Ended
	Sep. 30, 2020
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 ​ COVID-19 Pandemic ​ COVID-19 was declared a pandemic by the World Health Organization on March 11, 2020. Since March 2020, to slow the spread of COVID-19, jurisdictions within the U.S. have imposed economic and social restrictions on the population in general and non-essential businesses in particular. These restrictions in combination with the public’s response to them effectively suspended or curtailed economic activity for many industries across the U.S., with industries in the Company’s market footprint impacted. ​ The future potential financial impact of the COVID-19 pandemic is still unknown at this time; however, this pandemic and the public’s response to it could cause the Company to experience a material adverse impact on its business operations, asset valuations, financial condition, and results of operations. Material adverse impacts may include all or a combination of valuation impairments on the Company’s intangible assets, investments, loans, MSRs, deferred tax assets, or counterparty risk derivatives. ​ Commitments to Extend Credit ​ 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. The risk to the Company under such loan commitments is limited by the terms of the contracts. For example, the Company may not be obligated to advance funds if the client’s financial condition deteriorates or if the client fails to meet specific covenants. ​ An approved but unfunded loan commitment represents a potential credit risk and a liquidity risk, since the Company’s client(s) may demand immediate cash that would require funding. In addition, unfunded loan commitments represent interest rate risk as market interest rates may rise above the rate committed to the Company’s client. Since a portion of these loan commitments normally expire unused, the total amount of outstanding commitments at any point in time may not require future funding. ​ The following table presents the Company’s commitments, exclusive of Mortgage Banking loan commitments, for each period ended: ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Unused warehouse lines of credit ​ $ 310,125 ​ $ 436,541 ​ Unused home equity lines of credit ​ 358,380 ​ 363,195 ​ Unused loan commitments - other ​ 751,502 ​ 757,657 ​ Standby letters of credit ​ 11,515 ​ 11,252 ​ FHLB letter of credit ​ 643 ​ 2,485 ​ Total commitments ​ $ 1,432,165 ​ $ 1,571,130 ​ ​ 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. ​ ​ The following tables present a rollforward of the ACLC for the three and nine months ended September 30, 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLC Rollforward ​ ​ ​ Three Months Ended September 30, 2020 ​ ​ ​ Beginning ​ ASC 326 ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan Commitments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unused warehouse lines of credit ​ ​ $ 58 ​ $ — ​ $ (6) ​ $ — ​ $ — ​ $ 52 Unused home equity lines of credit ​ ​ ​ 124 ​ ​ — ​ ​ 22 ​ ​ — ​ ​ — ​ ​ 146 Unused loan commitments - other ​ ​ ​ 454 ​ ​ — ​ ​ 271 ​ ​ — ​ ​ — ​ ​ 725 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 636 ​ $ — ​ $ 287 ​ $ — ​ $ — ​ $ 923 ​ The Company increased its ACLC during the three months ended September 30, 2020 based on higher estimated usage rates on its unused lines and higher loss expectations on that usage. Current and forecasted economic concerns driven by the COVID-19 pandemic drove the Company’s higher loss expectations. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLC Rollforward ​ ​ ​ Nine Months Ended September 30, 2020 ​ ​ ​ Beginning ​ ASC 326 ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan Commitments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unused warehouse lines of credit ​ ​ $ — ​ $ 55 ​ $ (3) ​ $ — ​ $ — ​ $ 52 Unused home equity lines of credit ​ ​ ​ — ​ ​ 89 ​ ​ 57 ​ ​ — ​ ​ — ​ ​ 146 Unused loan commitments - other ​ ​ ​ — ​ ​ 312 ​ ​ 413 ​ ​ — ​ ​ — ​ ​ 725 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ — ​ $ 456 ​ $ 467 ​ $ — ​ $ — ​ $ 923 ​ The Company increased its ACLC during the nine months ended September 30, 2020 based on higher estimated usage rates on its unused lines and higher loss expectations on that usage. Current and forecasted economic concerns driven by the COVID-19 pandemic drove the Company’s higher loss expectations.

FAIR VALUE

FAIR VALUE	9 Months Ended
	Sep. 30, 2020
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: ​ Level 2: ​ Level 3: ​ 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: ​ 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 ​ See in this section of the filing under Footnote 2 “Investment Securities” for additional discussion regarding the Bank’s private label mortgage backed security. ​ The Company acquired its TRUP investment in 2015 and considered the most recent bid price for the same instrument to approximate market value at September 30, 2020. 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: ​ 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: ​ Consumer loans held for sale, at fair value: In December 2019, the Bank began offering RCS installment loans with terms ranging from 12 to 60 months to borrowers in multiple states. Balances originated under this RCS installment loan program are carried as “held for sale” on the Bank’s balance sheet, with the intent to sell sixteen days following the Bank’s origination of the loans. Loans originated under this RCS installment loan program are carried at fair value under a fair-value option, with the portfolio marked to market monthly. Fair value for these loans is based on contractual sales terms, Level 3 inputs. ​ Consumer loans held for investment, at fair value: ​ Mortgage Banking derivatives ​ Interest rate swap agreements: ​ Collateral-dependent loans: ​ Mortgage servicing rights: ​ Assets and liabilities measured at fair value on a recurring basis ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ September 30, 2020 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 ​ $ — ​ $ 237,066 ​ $ — ​ $ 237,066 ​ Private label mortgage backed security ​ — ​ — ​ 3,004 ​ 3,004 ​ Mortgage backed securities - residential ​ — ​ 242,670 ​ — ​ 242,670 ​ Collateralized mortgage obligations ​ — ​ 53,760 ​ — ​ 53,760 ​ Corporate bonds ​ ​ — ​ ​ 9,918 ​ ​ — ​ ​ 9,918 ​ Trust preferred security ​ — ​ — ​ 3,800 ​ 3,800 ​ Total available-for-sale debt securities ​ $ — ​ $ 543,414 ​ $ 6,804 ​ $ 550,218 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities with readily determinable fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 536 ​ $ — ​ $ 536 ​ Community Reinvestment Act mutual fund ​ 2,534 ​ — ​ — ​ 2,534 ​ Total equity securities with readily determinable fair value ​ $ 2,534 ​ $ 536 ​ $ — ​ $ 3,070 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale ​ $ — ​ $ 44,860 ​ $ — ​ $ 44,860 ​ Consumer loans held for sale ​ ​ — ​ ​ — ​ ​ 449 ​ ​ 449 ​ Consumer loans held for investment ​ ​ — ​ ​ — ​ ​ 588 ​ ​ 588 ​ Rate lock loan commitments ​ — ​ 6,630 ​ — ​ 6,630 ​ Interest rate swap agreements ​ ​ — ​ ​ 14,494 ​ ​ — ​ ​ 14,494 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ $ — ​ $ 603 ​ $ — ​ $ 603 ​ Interest rate swap agreements ​ ​ — ​ ​ 14,560 ​ ​ — ​ ​ 14,560 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 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 ​ $ — ​ $ 134,640 ​ $ — ​ $ 134,640 ​ Private label mortgage backed security ​ — ​ — ​ 3,495 ​ 3,495 ​ Mortgage backed securities - residential ​ — ​ 255,847 ​ — ​ 255,847 ​ Collateralized mortgage obligations ​ — ​ 63,371 ​ — ​ 63,371 ​ Corporate bonds ​ ​ — ​ ​ 10,002 ​ ​ — ​ ​ 10,002 ​ Trust preferred security ​ — ​ — ​ 4,000 ​ 4,000 ​ Total available-for-sale debt securities ​ $ — ​ $ 463,860 ​ $ 7,495 ​ $ 471,355 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities with readily determinable fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 714 ​ $ — ​ $ 714 ​ Community Reinvestment Act mutual fund ​ 2,474 ​ — ​ — ​ 2,474 ​ Total equity securities with readily determinable fair value ​ $ 2,474 ​ $ 714 ​ $ — ​ $ 3,188 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale ​ $ — ​ $ 19,224 ​ $ — ​ $ 19,224 ​ Consumer loans held for sale ​ ​ ​ ​ ​ — ​ ​ 598 ​ ​ 598 ​ Consumer loans held for investment ​ ​ — ​ ​ — ​ ​ 998 ​ ​ 998 ​ Rate lock loan commitments ​ — ​ 789 ​ — ​ 789 ​ Interest rate swap agreements ​ — ​ 5,062 ​ — ​ 5,062 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ $ — ​ $ 131 ​ $ — ​ $ 131 ​ Interest rate swap agreements ​ ​ — ​ ​ 5,166 ​ ​ — ​ 5,166 ​ ​ All transfers between levels are generally recognized at the end of each quarter. There were no transfers into or out of Level 1, 2 or 3 assets during the three and nine months ended September 30, 2020 and 2019. ​ 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 Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 ​ 2019 ​ 2020 ​ 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 3,023 ​ $ 3,615 ​ $ 3,495 ​ $ 3,712 ​ Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in unrealized gain ​ 60 ​ (24) ​ (46) ​ (58) ​ Recovery of actual losses previously recorded ​ — ​ 38 ​ — ​ 113 ​ Principal paydowns ​ (79) ​ (34) ​ (445) ​ (172) ​ Balance, end of period ​ $ 3,004 ​ $ 3,595 ​ $ 3,004 ​ $ 3,595 ​ ​ The fair value of the Bank’s single private label mortgage backed security is supported by analysis prepared by an independent third party. The third party’s approach to determining fair value involved several steps: 1) detailed collateral analysis of the underlying mortgages, including consideration of geographic location, original loan-to-value and the weighted average FICO score of the borrowers; 2) collateral performance projections for each pool of mortgages underlying the security (probability of default, severity of default, and prepayment probabilities) and 3) discounted cash flow modeling. ​ The significant unobservable inputs in the fair value measurement of the Bank’s single private label mortgage backed security are prepayment rates, probability of default and loss severity in the event of default. Significant fluctuations in any of those inputs in isolation would result in a significantly different fair value measurement. ​ Quantitative information about recurring Level 3 fair value measurement inputs for the Bank’s single private label mortgage backed security follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ September 30, 2020 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Range ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Private label mortgage backed security ​ $ 3,004 Discounted cash flow (1) Constant prepayment rate 1.2% - 4.5% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Probability of default 1.8% - 7.2% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (3) Loss severity 50% - 75% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2019 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Range ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Private label mortgage backed security ​ $ 3,495 Discounted cash flow (1) Constant prepayment rate 2.3% - 5.0% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Probability of default 1.8% - 6.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (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 Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 ​ 2019 ​ 2020 ​ 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 3,500 ​ $ 4,000 ​ $ 4,000 ​ $ 4,075 ​ Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount accretion ​ ​ 21 ​ ​ 10 ​ ​ 43 ​ ​ 31 ​ Net change in unrealized gain ​ 279 ​ (10) ​ (243) ​ (106) ​ Balance, end of period ​ $ 3,800 ​ $ 4,000 ​ $ 3,800 ​ $ 4,000 ​ ​ The fair value of the Company’s TRUP investment is based on the most recent bid price for this instrument, as provided by a third-party broker. ​ ​ Mortgage Loans Held for Sale ​ The Bank has elected the fair value option for mortgage loans held for sale. These loans are intended for sale and the Bank believes that the fair value is the best indicator of the resolution of these loans. Interest income is recorded based on the contractual terms of the loans and in accordance with Bank policy for such instruments. None of these loans were past due 90-days-or-more or on nonaccrual as of September 30, 2020 and December 31, 2019. ​ The aggregate fair value, contractual balance, and unrealized gain were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ $ 44,860 ​ $ 19,224 ​ Contractual balance ​ 42,944 ​ 18,690 ​ Unrealized gain ​ 1,916 ​ 534 ​ ​ The total amount of gains and losses from changes in fair value included in earnings for the three and nine months ended September 30, 2020 and 2019 for mortgage loans held for sale are presented in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ $ 300 ​ $ 212 ​ $ 932 ​ $ 484 ​ Change in fair value ​ 126 ​ 155 ​ 1,382 ​ 201 ​ Total included in earnings ​ $ 426 ​ $ 367 ​ $ 2,314 ​ $ 685 ​ ​ Consumer Loans Held for Sale ​ 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 September 30, 2020 and December 31, 2019. ​ The significant unobservable inputs in the fair value measurement of the Bank’s short-term installment loans are the net contractual premiums and level of loans sold at a discount price. Significant fluctuations in any of those inputs in isolation would result in a significantly lower/higher fair value measurement. ​ The following table presents quantitative information about recurring Level 3 fair value measurement inputs for installment loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ September 30, 2020 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans held for sale ​ $ 449 Contract Terms (1) Net Premium 1.4% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Discounted Sales 5.00% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2019 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans held for sale ​ $ 598 Contract Terms (1) Net Premium 1.4% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Discounted Sales 5.00% ​ ​ The aggregate fair value, contractual balance, and unrealized gain on consumer loans held for sale, at fair value, were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ $ 449 ​ $ 598 ​ Contractual balance ​ 446 ​ 593 ​ Unrealized gain ​ 3 ​ 5 ​ ​ 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 ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ $ 42 ​ $ — ​ $ 1,563 ​ $ — ​ Change in fair value ​ 2 ​ — ​ (2) ​ — ​ Total included in earnings ​ $ 44 ​ $ — ​ $ 1,561 ​ $ — ​ ​ ​ Assets measured at fair value on a non-recurring basis ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ ​ September 30, 2020 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 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ — ​ $ — ​ $ 3,614 ​ $ 3,614 ​ Commercial real estate ​ — ​ — ​ 81 ​ 81 ​ Commercial & industrial ​ ​ — ​ ​ — ​ ​ 100 ​ ​ 100 ​ Home equity ​ — ​ — ​ 405 ​ 405 ​ Total collateral-dependent loans* ​ $ — ​ $ — ​ $ 4,200 ​ $ 4,200 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate ​ $ — ​ $ — ​ $ 2,056 ​ $ 2,056 ​ Total other real estate owned ​ $ — ​ $ — ​ $ 2,056 ​ $ 2,056 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage servicing rights ​ $ — ​ $ 4,062 ​ $ — ​ $ 4,062 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ ​ December 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 ​ $ — ​ $ — ​ $ 3,598 ​ $ 3,598 ​ Nonowner occupied ​ — ​ — ​ 14 ​ 14 ​ Commercial real estate ​ — ​ — ​ 3,276 ​ 3,276 ​ Commercial & industrial ​ ​ — ​ — ​ 1,562 ​ 1,562 ​ Home equity ​ — ​ — ​ 470 ​ 470 ​ Total impaired loans* ​ $ — ​ $ — ​ $ 8,920 ​ $ 8,920 ​ * The difference between the carrying value and the fair value of collateral-dependent/impaired loans measured at fair value is reconciled in a subsequent table of this Footnote. ​ ​ The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Range ​ ​ Fair ​ Valuation ​ Unobservable ​ (Weighted September 30, 2020 (dollars in thousands) ​ Value ​ Technique ​ Inputs ​ Average) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - residential real estate owner occupied ​ $ 3,614 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 51% (10%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - commercial real estate ​ $ 81 Sales comparison approach Adjustments determined for differences between comparable sales 7% (7%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - commercial & industrial ​ $ 100 Sales comparison approach Adjustments determined for differences between comparable sales 54% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - home equity ​ $ 405 Sales comparison approach Adjustments determined for differences between comparable sales 2%-6% ( ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned - commercial real estate ​ $ 2,056 Sales comparison approach Adjustments determined for differences between comparable sales 24% ( ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Range ​ ​ Fair ​ Valuation ​ Unobservable ​ (Weighted December 31, 2019 (dollars in thousands) ​ Value ​ Technique ​ Inputs ​ Average) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans - residential real estate owner occupied ​ $ 3,598 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 58% (12%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans - residential real estate nonowner occupied ​ $ 14 Sales comparison approach Adjustments determined for differences between comparable sales 5% (5%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans - commercial real estate ​ $ 3,276 Sales comparison approach Adjustments determined for differences between comparable sales 1% - 10% (4%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans - commercial & industrial ​ $ 1,562 Income approach Adjustments for differences between net operating income expectations 3% - 50% ( ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans - home equity ​ $ 470 Sales comparison approach Adjustments determined for differences between comparable sales 2% (2%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral Dependent/Impaired Loans ​ Collateral-dependent impaired loans are generally measured for loss 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 loss 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. Collateral-dependent loans are valued within Level 3 of the fair value hierarchy. ​ Collateral-dependent/impaired loans are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying amount of loans measured at fair value ​ $ 3,452 ​ $ 7,729 ​ Estimated selling costs considered in carrying amount ​ 796 ​ 1,193 ​ Valuation allowance ​ ​ (48) ​ ​ (2) ​ Total fair value ​ $ 4,200 ​ $ 8,920 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision on collateral-dependent, impaired loans ​ $ 430 ​ $ 1,419 ​ $ (71) ​ $ 1,442 ​ ​ ​ The carrying amounts and estimated exit price fair values of all financial instruments follow: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ September 30, 2020: ​ ​ ​ ​ ​ ​ Total ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair (in thousands) ​ Value ​ Level 1 ​ Level 2 ​ Level 3 ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 342,028 ​ $ 342,028 ​ $ — ​ $ — ​ $ 342,028 ​ Available-for-sale debt securities ​ 550,218 ​ — ​ 543,414 ​ 6,804 ​ 550,218 ​ Held-to-maturity debt securities ​ 54,268 ​ — ​ 55,163 ​ — ​ 55,163 ​ Equity securities with readily determinable fair values ​ ​ 3,070 ​ ​ 2,534 ​ ​ 536 ​ ​ — ​ ​ 3,070 ​ Mortgage loans held for sale, at fair value ​ 44,860 ​ — ​ 44,860 ​ — ​ 44,860 ​ Consumer loans held for sale, at fair value ​ ​ 449 ​ ​ — ​ ​ — ​ ​ 449 ​ ​ 449 ​ Consumer loans held for sale, at the lower of cost or fair value ​ ​ 11,443 ​ ​ — ​ ​ — ​ ​ 11,443 ​ ​ 11,443 ​ Loans, net ​ 4,934,483 ​ — ​ — ​ 4,904,668 ​ 4,904,668 ​ Federal Home Loan Bank stock ​ 19,634 ​ — ​ — ​ — ​ NA ​ Accrued interest receivable ​ 12,101 ​ — ​ 12,101 ​ — ​ 12,101 ​ Rate lock loan commitments ​ ​ 6,630 ​ ​ — ​ ​ 6,630 ​ ​ — ​ ​ 6,630 ​ Interest rate swap agreements ​ ​ 14,494 ​ ​ — ​ ​ 14,494 ​ ​ — ​ ​ 14,494 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing deposits ​ $ 1,876,418 ​ — ​ $ 1,876,418 ​ — ​ $ 1,876,418 ​ Transaction deposits ​ 2,317,965 ​ — ​ 2,317,965 ​ — ​ 2,317,965 ​ Time deposits ​ 797,946 ​ — ​ 805,988 ​ — ​ 805,988 ​ Securities sold under agreements to repurchase and other short-term borrowings ​ 126,172 ​ — ​ 126,172 ​ — ​ 126,172 ​ Federal Home Loan Bank advances ​ 132,500 ​ — ​ 134,478 ​ — ​ 134,478 ​ Subordinated note ​ 41,240 ​ — ​ 30,832 ​ — ​ 30,832 ​ Accrued interest payable ​ 728 ​ — ​ 728 ​ — ​ 728 ​ Mandatory forward contracts ​ ​ 603 ​ ​ — ​ ​ 603 ​ ​ — ​ ​ 603 ​ Interest rate swap agreements ​ ​ 14,560 ​ ​ — ​ ​ 14,560 ​ ​ — ​ ​ 14,560 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 2019: ​ ​ ​ ​ ​ Total ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair (in thousands) ​ Value ​ Level 1 ​ Level 2 ​ Level 3 ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 385,303 ​ $ 385,303 ​ $ — ​ $ — ​ $ 385,303 ​ Available-for-sale debt securities ​ 471,355 ​ — ​ 463,860 ​ 7,495 ​ 471,355 ​ Held-to-maturity debt securities ​ 62,531 ​ — ​ 63,156 ​ — ​ 63,156 ​ Equity securities with readily determinable fair values ​ ​ 3,188 ​ ​ 2,474 ​ ​ 714 ​ ​ — ​ ​ 3,188 ​ Mortgage loans held for sale, at fair value ​ 19,224 ​ — ​ 19,224 ​ — ​ 19,224 ​ Consumer loans held for sale, at fair value ​ ​ 598 ​ ​ — ​ ​ — ​ ​ 598 ​ ​ 598 ​ Consumer loans held for sale, at the lower of cost or fair value ​ ​ 11,646 ​ ​ — ​ ​ — ​ ​ 11,646 ​ ​ 11,646 ​ Loans, net ​ 4,389,800 ​ — ​ — ​ 4,381,396 ​ 4,381,396 ​ Federal Home Loan Bank stock ​ 30,831 ​ — ​ — ​ — ​ NA ​ Accrued interest receivable ​ 12,937 ​ — ​ 12,937 ​ — ​ 12,937 ​ Rate lock loan commitments ​ ​ 789 ​ ​ — ​ ​ 789 ​ ​ — ​ ​ 789 ​ Interest rate swap agreements ​ ​ 5,062 ​ ​ — ​ ​ 5,062 ​ ​ — ​ ​ 5,062 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing deposits ​ $ 1,033,379 ​ — ​ $ 1,033,379 ​ — ​ $ 1,033,379 ​ Transaction deposits ​ 2,018,687 ​ — ​ 2,018,687 ​ — ​ 2,018,687 ​ Time deposits ​ 733,942 ​ — ​ 737,733 ​ — ​ 737,733 ​ Securities sold under agreements to repurchase and other short-term borrowings ​ 167,617 ​ — ​ 167,617 ​ — ​ 167,617 ​ Federal Home Loan Bank advances ​ 750,000 ​ — ​ 749,667 ​ — ​ 749,667 ​ Subordinated note ​ 41,240 ​ — ​ 32,587 ​ — ​ 32,587 ​ Accrued interest payable ​ 2,802 ​ — ​ 2,802 ​ — ​ 2,802 ​ Mandatory forward contracts ​ ​ 131 ​ ​ — ​ ​ 131 ​ ​ — ​ ​ 131 ​ Interest rate swap agreements ​ ​ 5,166 ​ ​ — ​ ​ 5,166 ​ ​ — ​ ​ 5,166 ​ ​ ​

MORTGAGE BANKING ACTIVITIES

MORTGAGE BANKING ACTIVITIES	9 Months Ended
	Sep. 30, 2020
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 ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 40,028 ​ $ 13,883 ​ $ 19,224 ​ $ 8,971 ​ Origination of mortgage loans held for sale ​ 203,615 ​ 124,375 ​ 547,556 ​ 247,071 ​ Proceeds from the sale of mortgage loans held for sale ​ (210,309) ​ (108,493) ​ (546,950) ​ (229,755) ​ Net gain on sale of mortgage loans held for sale ​ 11,526 ​ 2,974 ​ 25,030 ​ 6,452 ​ Balance, end of period ​ $ 44,860 ​ $ 32,739 ​ $ 44,860 ​ $ 32,739 ​ ​ The following table presents the components of Mortgage Banking income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 ​ 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net gain realized on sale of mortgage loans held for sale ​ $ 9,151 ​ $ 2,170 ​ $ 18,279 ​ $ 4,941 ​ Net change in fair value recognized on loans held for sale ​ 126 ​ 155 ​ 1,382 ​ 201 ​ Net change in fair value recognized on rate lock loan commitments ​ 2,194 ​ (29) ​ 5,841 ​ 837 ​ Net change in fair value recognized on forward contracts ​ 55 ​ 678 ​ (472) ​ 473 ​ Net gain recognized ​ 11,526 ​ 2,974 ​ 25,030 ​ 6,452 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan servicing income ​ 757 ​ 632 ​ 2,139 ​ 1,842 ​ Amortization of mortgage servicing rights ​ (1,108) ​ (542) ​ (2,701) ​ (1,275) ​ Change in mortgage servicing rights valuation allowance ​ (400) ​ — ​ (500) ​ — ​ Net servicing income recognized ​ (751) ​ 90 ​ (1,062) ​ 567 ​ Total Mortgage Banking income ​ $ 10,775 ​ $ 3,064 ​ $ 23,968 ​ $ 7,019 ​ ​ Activity for capitalized mortgage servicing rights was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 6,711 ​ $ 5,158 ​ $ 5,888 ​ $ 4,919 ​ Additions ​ 1,471 ​ 867 ​ 3,987 ​ 1,839 ​ Amortized to expense ​ (1,108) ​ (542) ​ (2,701) ​ (1,275) ​ Change in valuation allowance ​ (400) ​ — ​ (500) ​ — ​ Balance, end of period ​ $ 6,674 ​ $ 5,483 ​ $ 6,674 ​ $ 5,483 ​ ​ Activity in the valuation allowance for capitalized mortgage servicing rights follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning valuation allowance ​ $ 100 ​ $ — ​ $ — ​ $ — ​ Charge during the period ​ 400 ​ — ​ 500 ​ — ​ Ending valuation allowance ​ $ 500 ​ $ — ​ $ 500 ​ $ — ​ ​ Other information relating to mortgage servicing rights follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of mortgage servicing rights portfolio ​ $ 7,522 ​ ​ $ 9,068 ​ ​ ​ Monthly weighted average prepayment rate of unpaid principal balance* ​ 308 % ​ 202 % ​ ​ Discount rate ​ ​ 10.00 % ​ ​ 10.00 % ​ ​ Weighted average foreclosure rate ​ ​ 0.44 % ​ ​ 0.14 % ​ ​ Weighted average life in years ​ 4.40 ​ ​ 5.76 ​ ​ ​ * 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 lock loan commitments and loans held for sale due to market interest rate fluctuations. The net effect of derivatives on earnings will depend on risk management activities and a variety of other factors, including: market interest rate volatility; the amount of rate lock commitments that close; the ability to fill the forward contracts before expiration; and the time period required to close and sell loans. ​ The following table includes the notional amounts and fair values of mortgage loans held for sale and mortgage banking derivatives as of the period ends presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 December 31, 2019 ​ ​ ​ 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 ​ $ 42,944 ​ $ 44,860 ​ $ 18,690 ​ $ 19,224 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock loan commitments ​ $ 160,480 ​ $ 6,630 ​ $ 32,776 ​ $ 789 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ $ 171,935 ​ $ 603 ​ $ 44,919 ​ $ 131 ​ ​

INTEREST RATE SWAPS

INTEREST RATE SWAPS	9 Months Ended
	Sep. 30, 2020
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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ ​ ​ ​ Unrealized ​ ​ Notional ​ Pay ​ Receive ​ ​ ​ Assets / ​ Gain (Loss) ​ Assets / ​ Gain (Loss) (dollars in thousands) Amount Rate Rate Term (Liabilities) in AOCI (Liabilities) in AOCI ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on money market deposits $ 10,000 2.17 % 1M LIBOR 12/2013 - 12/2020 $ (18) $ (13) $ (46) $ (34) Interest rate swap on FHLB advance ​ ​ 10,000 2.33 % 3M LIBOR 12/2013 - 12/2020 ​ ​ (48) ​ ​ (36) ​ ​ (58) ​ ​ (43) Total $ 20,000 ​ ​ ​ ​ ​ ​ ​ ​ $ (66) ​ $ (49) ​ $ (104) ​ $ (77) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The following table reflects the total interest expense recorded on these swap transactions in the consolidated statements of income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on money market deposits ​ $ 52 ​ $ (2) ​ $ 107 ​ $ (18) ​ Interest rate swap on FHLB advance ​ 51 ​ — ​ 104 ​ (16) ​ Total interest (benefit) expense on swap transactions ​ $ 103 ​ $ (2) ​ $ 211 ​ $ (34) ​ ​ 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 ​ Nine Months Ended ​ ​ ​ ​ September 30, ​ September 30, ​ ​ (in thousands) 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) recognized in OCI on derivative (effective portion) $ (1) $ (3) $ (173) $ (218) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) reclassified from OCI on derivative (effective portion) ​ ​ (103) ​ 2 ​ (211) ​ 34 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) recognized in income on derivative (ineffective portion) ​ ​ — ​ — ​ — ​ — ​ ​ ​ ​ The estimated net amount of the existing losses reported in AOCI at September 30, 2020 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 counterparty 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ December 31, 2019 ​ ​ ​ ​ ​ Notional ​ ​ ​ ​ Notional ​ ​ ​ ​ (in thousands) Bank Position ​ Amount Fair Value Amount Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 139,722 $ 14,494 $ 95,411 $ 5,062 ​ ​ Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed ​ — ​ — ​ 6,640 ​ (55) ​ ​ Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 139,722 $ 14,494 $ 102,051 $ 5,007 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Offsetting interest rate swaps with institutional swap dealer ​ Pay fixed/receive variable ​ ​ 139,722 ​ ​ (14,494) ​ ​ 102,051 ​ ​ (5,007) ​ ​ Total ​ ​ $ 279,444 ​ $ — $ 204,102 ​ $ — ​ ​ ​ 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 $15.1 million and $7.5 million at September 30, 2020 and December 31, 2019.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2020
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 ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands, except per share data) 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 20,389 ​ $ 18,408 ​ $ 62,890 ​ $ 65,931 ​ Dividends declared on Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ ​ (5,375) ​ ​ (4,961) ​ ​ (16,080) ​ ​ (14,826) ​ Class B Shares ​ ​ (572) ​ ​ (530) ​ ​ (1,716) ​ ​ (1,591) ​ Undistributed net income for basic earnings per share ​ ​ 14,442 ​ ​ 12,917 ​ ​ 45,094 ​ ​ 49,514 ​ Weighted average potential dividends on Class A shares upon exercise of dilutive options ​ ​ (7) ​ ​ (27) ​ ​ (24) ​ ​ (93) ​ Undistributed net income for diluted earnings per share ​ $ 14,435 ​ $ 12,890 ​ $ 45,070 ​ $ 49,421 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ 18,826 ​ 18,828 ​ 18,830 ​ 18,803 ​ Class B Shares ​ ​ 2,200 ​ ​ 2,208 ​ ​ 2,201 ​ ​ 2,211 ​ Effect of dilutive securities on Class A Shares outstanding ​ 20 ​ 101 ​ 37 ​ 118 ​ Weighted average shares outstanding including dilutive securities ​ 21,046 ​ 21,137 ​ 21,068 ​ 21,132 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.29 ​ $ 0.26 ​ $ 0.86 ​ $ 0.79 ​ Undistributed earnings per share* ​ ​ 0.69 ​ ​ 0.62 ​ ​ 2.16 ​ ​ 2.38 ​ Total basic earnings per share - Class A Common Stock ​ $ 0.98 ​ $ 0.88 ​ $ 3.02 ​ $ 3.17 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.26 ​ $ 0.24 ​ $ 0.78 ​ $ 0.72 ​ Undistributed earnings per share* ​ ​ 0.63 ​ ​ 0.56 ​ ​ 1.97 ​ ​ 2.16 ​ Total basic earnings per share - Class B Common Stock ​ $ 0.89 ​ $ 0.80 ​ $ 2.75 ​ $ 2.88 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.29 ​ $ 0.26 ​ $ 0.86 ​ $ 0.79 ​ Undistributed earnings per share* ​ ​ 0.69 ​ ​ 0.62 ​ ​ 2.16 ​ ​ 2.36 ​ Total diluted earnings per share - Class A Common Stock ​ $ 0.98 ​ $ 0.88 ​ $ 3.02 ​ $ 3.15 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.26 ​ $ 0.24 ​ $ 0.78 ​ $ 0.72 ​ Undistributed earnings per share* ​ ​ 0.63 ​ ​ 0.56 ​ ​ 1.96 ​ ​ 2.15 ​ Total diluted earnings per share - Class B Common Stock ​ $ 0.89 ​ $ 0.80 ​ $ 2.74 ​ $ 2.87 ​ * To arrive at undistributed earnings per share, undistributed net income is first prorated 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 ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Antidilutive stock options 431,000 158,000 244,000 ​ 160,000 ​ Average antidilutive stock options 367,000 157,000 193,000 ​ 156,000 ​ ​

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME	9 Months Ended
	Sep. 30, 2020
OTHER COMPREHENSIVE INCOME
OTHER COMPREHENSIVE INCOME	14. OTHER COMPREHENSIVE INCOME ​ OCI components and related tax effects were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Debt Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in unrealized gain on AFS debt securities ​ $ (258) ​ $ 86 ​ $ 8,618 ​ $ 5,759 ​ Change in unrealized gain of AFS debt security for which a portion of OTTI has been recognized in earnings ​ 61 ​ (24) ​ (46) ​ (58) ​ Net unrealized (losses) gains ​ (197) ​ 62 ​ 8,572 ​ 5,701 ​ Tax effect ​ 49 ​ (172) ​ (2,144) ​ (1,358) ​ Net of tax ​ (148) ​ (110) ​ 6,428 ​ 4,343 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash Flow Hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in fair value of derivatives used for cash flow hedges ​ (1) ​ (3) ​ (173) ​ (218) ​ Reclassification amount for net derivative losses (gains) realized in income ​ 103 ​ (2) ​ 211 ​ (34) ​ Net unrealized (losses) gains ​ 102 ​ (5) ​ 38 ​ (252) ​ Tax effect ​ (25) ​ 9 ​ (9) ​ 62 ​ Net of tax ​ 77 ​ 4 ​ 29 ​ (190) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other comprehensive (loss) income components, net of tax ​ $ (71) ​ $ (106) ​ $ 6,457 ​ $ 4,153 ​ ​ The table below presents the significant amounts reclassified out of each component of AOCI: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amounts Reclassified from AOCI ​ ​ ​ Affected Line Items ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ in the Consolidated ​ September 30, ​ September 30, ​ (in thousands) Statements of Income 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash Flow Hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on money market deposits Interest benefit (expense) on deposits ​ $ (52) ​ $ 2 ​ $ (107) ​ $ 18 ​ Interest rate swap on FHLB advance Interest benefit (expense) on FHLB advances ​ (51) ​ — ​ (104) ​ 16 ​ Total derivative gains (losses) on cash flow hedges Total interest benefit (expense) ​ (103) ​ 2 ​ (211) ​ 34 ​ Tax effect Income tax (benefit) expense ​ 26 ​ (1) ​ 53 ​ (9) ​ Net of tax Net income ​ $ (77) ​ $ 1 ​ $ (158) ​ $ 25 ​ ​ The following is a summary of the AOCI balances, net of tax: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020 ​ ​ (in thousands) ​ December 31, 2019 ​ Change ​ September 30, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain on AFS debt securities ​ $ 2,211 ​ $ 6,464 ​ $ 8,675 ​ Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings ​ 964 ​ (35) ​ 929 ​ Unrealized gain (loss) on cash flow hedges ​ (77) ​ 28 ​ (49) ​ Total unrealized gain ​ $ 3,098 ​ $ 6,457 ​ $ 9,555 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2019 ​ ​ (in thousands) ​ December 31, 2018 ​ Change ​ September 30, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ (2,165) ​ $ 4,390 ​ $ 2,225 ​ Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings ​ 1,078 ​ (45) ​ 1,033 ​ Unrealized gain (loss) on cash flow hedges ​ 90 ​ (192) ​ (102) ​ Total unrealized gain (loss) ​ $ (997) ​ $ 4,153 ​ $ 3,156 ​ ​

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	9 Months Ended
	Sep. 30, 2020
REVENUE FROM CONTRACTS WITH CUSTOMERS
REVENUE FROM CONTRACTS WITH CUSTOMERS	15. REVENUE FROM CONTRACTS WITH CUSTOMERS ​ The following tables present the Company’s net revenue by reportable segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2020 ​ ​ 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) ​ $ 38,753 ​ $ 7,345 ​ $ 300 ​ $ 46,398 ​ ​ $ 878 ​ $ 4,976 ​ ​ $ 5,854 ​ ​ ​ $ 52,252 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 3,000 ​ ​ 18 ​ ​ — ​ ​ ​ 3,018 ​ ​ ​ (1) ​ ​ — ​ ​ ​ (1) ​ ​ ​ ​ 3,017 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 1,152 ​ — ​ ​ 1,152 ​ ​ ​ 1,152 ​ Mortgage banking income(1) ​ — ​ — ​ 10,775 ​ ​ 10,775 ​ ​ — ​ — ​ ​ — ​ ​ ​ 10,775 ​ Interchange fee income ​ ​ 2,873 ​ ​ — ​ ​ — ​ ​ ​ 2,873 ​ ​ ​ 38 ​ ​ — ​ ​ ​ 38 ​ ​ ​ ​ 2,911 ​ Program fees(1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 643 ​ ​ 844 ​ ​ ​ 1,487 ​ ​ ​ ​ 1,487 ​ Increase in cash surrender value of BOLI(1) ​ ​ 400 ​ ​ — ​ ​ — ​ ​ ​ 400 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 400 ​ Net gains (losses) on OREO ​ ​ (14) ​ ​ — ​ ​ — ​ ​ ​ (14) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (14) ​ Other ​ 879 ​ (39) ​ 21 ​ ​ 861 ​ ​ 8 ​ — ​ ​ 8 ​ ​ ​ 869 ​ Total noninterest income ​ 7,138 ​ (21) ​ 10,796 ​ ​ 17,913 ​ ​ 1,840 ​ 844 ​ ​ 2,684 ​ ​ ​ 20,597 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 45,891 ​ $ 7,324 ​ $ 11,096 ​ ​ $ 64,311 ​ ​ $ 2,718 ​ $ 5,820 ​ ​ $ 8,538 ​ ​ ​ $ 72,849 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration(2) ​ ​ 63 % ​ 10 % ​ 15 % ​ ​ 88 % ​ ​ 4 % ​ 8 % ​ ​ 12 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 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) ​ $ 42,879 ​ $ 4,329 ​ $ 212 ​ $ 47,420 ​ ​ $ 295 ​ $ 7,771 ​ ​ $ 8,066 ​ ​ ​ $ 55,486 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 3,738 ​ ​ 11 ​ ​ — ​ ​ ​ 3,749 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 3,749 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 317 ​ — ​ ​ 317 ​ ​ ​ 317 ​ Mortgage banking income(1) ​ — ​ — ​ 3,064 ​ ​ 3,064 ​ ​ — ​ — ​ ​ — ​ ​ ​ 3,064 ​ Interchange fee income ​ ​ 3,008 ​ ​ — ​ ​ — ​ ​ ​ 3,008 ​ ​ ​ 23 ​ ​ — ​ ​ ​ 23 ​ ​ ​ ​ 3,031 ​ Program fees(1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 122 ​ ​ 1,195 ​ ​ ​ 1,317 ​ ​ ​ ​ 1,317 ​ Increase in cash surrender value of BOLI(1) ​ ​ 394 ​ ​ — ​ ​ — ​ ​ ​ 394 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 394 ​ Net gains (losses) on OREO ​ ​ 267 ​ ​ — ​ ​ — ​ ​ ​ 267 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 267 ​ Net loss on branch divestiture(1) ​ ​ (119) ​ ​ — ​ ​ — ​ ​ ​ (119) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (119) ​ Other ​ 814 ​ (90) ​ 66 ​ ​ 790 ​ ​ 1 ​ — ​ ​ 1 ​ ​ ​ 791 ​ Total noninterest income ​ 8,102 ​ (79) ​ 3,130 ​ ​ 11,153 ​ ​ 463 ​ 1,195 ​ ​ 1,658 ​ ​ ​ 12,811 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 50,981 ​ $ 4,250 ​ $ 3,342 ​ ​ $ 58,573 ​ ​ $ 758 ​ $ 8,966 ​ ​ $ 9,724 ​ ​ ​ $ 68,297 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration(2) ​ ​ 75 % ​ 6 % ​ 5 % ​ ​ 86 % ​ ​ 1 % ​ 13 % ​ ​ 14 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2020 ​ ​ 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) ​ $ 118,409 ​ $ 17,715 ​ $ 932 ​ $ 137,056 ​ ​ $ 22,484 ​ $ 17,655 ​ ​ $ 40,139 ​ ​ ​ $ 177,195 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 8,576 ​ ​ 46 ​ ​ — ​ ​ ​ 8,622 ​ ​ ​ (18) ​ ​ — ​ ​ ​ (18) ​ ​ ​ ​ 8,604 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 19,888 ​ — ​ ​ 19,888 ​ ​ ​ 19,888 ​ Mortgage banking income(1) ​ — ​ — ​ 23,968 ​ ​ 23,968 ​ ​ — ​ — ​ ​ — ​ ​ ​ 23,968 ​ Interchange fee income ​ ​ 8,090 ​ ​ — ​ ​ — ​ ​ ​ 8,090 ​ ​ ​ 181 ​ ​ — ​ ​ ​ 181 ​ ​ ​ ​ 8,271 ​ Program fees(1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 1,573 ​ ​ 3,676 ​ ​ ​ 5,249 ​ ​ ​ ​ 5,249 ​ Increase in cash surrender value of BOLI(1) ​ ​ 1,184 ​ ​ — ​ ​ — ​ ​ ​ 1,184 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 1,184 ​ Net gains (losses) on OREO ​ ​ (10) ​ ​ — ​ ​ — ​ ​ ​ (10) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (10) ​ Other ​ 2,659 ​ (39) ​ 53 ​ ​ 2,673 ​ ​ 90 ​ — ​ ​ 90 ​ ​ ​ 2,763 ​ Total noninterest income ​ 20,499 ​ 7 ​ 24,021 ​ ​ 44,527 ​ ​ 21,714 ​ 3,676 ​ ​ 25,390 ​ ​ ​ 69,917 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 138,908 ​ $ 17,722 ​ $ 24,953 ​ ​ $ 181,583 ​ ​ $ 44,198 ​ $ 21,331 ​ ​ $ 65,529 ​ ​ ​ $ 247,112 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration(2) ​ ​ 56 % ​ 7 % ​ 10 % ​ ​ 73 % ​ ​ 18 % ​ 9 % ​ ​ 27 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 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) ​ $ 126,103 ​ $ 11,181 ​ $ 484 ​ $ 137,768 ​ ​ $ 21,443 ​ $ 22,520 ​ ​ $ 43,963 ​ ​ ​ $ 181,731 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 10,616 ​ ​ 34 ​ ​ — ​ ​ ​ 10,650 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 10,650 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 21,046 ​ — ​ ​ 21,046 ​ ​ ​ 21,046 ​ Mortgage banking income(1) ​ — ​ — ​ 7,019 ​ ​ 7,019 ​ ​ — ​ — ​ ​ — ​ ​ ​ 7,019 ​ Interchange fee income ​ ​ 8,802 ​ ​ — ​ ​ — ​ ​ ​ 8,802 ​ ​ ​ 243 ​ ​ — ​ ​ ​ 243 ​ ​ ​ ​ 9,045 ​ Program fees(1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 318 ​ ​ 3,110 ​ ​ ​ 3,428 ​ ​ ​ ​ 3,428 ​ Increase in cash surrender value of BOLI(1) ​ ​ 1,154 ​ ​ — ​ ​ — ​ ​ ​ 1,154 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 1,154 ​ Net gains (losses) on OREO ​ ​ 487 ​ ​ — ​ ​ — ​ ​ ​ 487 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 487 ​ Net loss on branch divestiture(1) ​ ​ (119) ​ ​ — ​ ​ — ​ ​ ​ (119) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (119) ​ Other ​ 1,911 ​ (90) ​ 162 ​ ​ 1,983 ​ ​ 1 ​ 659 ​ ​ 660 ​ ​ ​ 2,643 ​ Total noninterest income ​ 22,851 ​ (56) ​ 7,181 ​ ​ 29,976 ​ ​ 21,608 ​ 3,769 ​ ​ 25,377 ​ ​ ​ 55,353 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 148,954 ​ $ 11,125 ​ $ 7,665 ​ ​ $ 167,744 ​ ​ $ 43,051 ​ $ 26,289 ​ ​ $ 69,340 ​ ​ ​ $ 237,084 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration(2) ​ ​ 63 % ​ 5 % ​ 3 % ​ ​ 71 % ​ ​ 18 % ​ 11 % ​ ​ 29 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) This revenue is not subject to ASC 606. (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 deposit accounts ​ Net refund transfer fees – An RT is a fee-based product offered by the Bank through third-party tax preparers located throughout the U.S., 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 deposited to the taxpayer’s personal bank account, loaded to a 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 fulfillment of RT contracts are generally expensed during the first half of the year. ​ Interchange fee income ​ 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.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2020
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 September 30, 2020, 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. MemoryBank®, the Company’s national branchless banking platform, is 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 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 Refund Transfer 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 generally the same as those described in the summary of significant accounting policies in the Company’s 2019 Annual Report on Form 10-K. The Company did update its accounting policies during the first quarter of 2020 upon adoption of the CECL standard. Republic evaluates segment performance using operating income. The Company allocates goodwill to the Traditional Banking segment. Republic generally allocates income taxes based on income before income tax expense unless reasonable and specific segment allocations can be made. The Company makes transactions among reportable segments at carrying value. ​ Segment information follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2020 ​ ​ 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 ​ $ 38,753 ​ $ 7,345 ​ $ 300 ​ $ 46,398 ​ ​ $ 878 ​ $ 4,976 ​ ​ $ 5,854 ​ ​ ​ $ 52,252 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 5,857 ​ (3) ​ — ​ ​ 5,854 ​ ​ (4,342) ​ (12) ​ ​ (4,354) ​ ​ ​ 1,500 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 1,152 ​ — ​ ​ 1,152 ​ ​ ​ 1,152 ​ Mortgage banking income ​ — ​ — ​ 10,775 ​ ​ 10,775 ​ ​ — ​ — ​ ​ — ​ ​ ​ 10,775 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 643 ​ ​ 844 ​ ​ ​ 1,487 ​ ​ ​ ​ 1,487 ​ Other noninterest income ​ 7,138 ​ (21) ​ 21 ​ ​ 7,138 ​ ​ 45 ​ — ​ ​ 45 ​ ​ ​ 7,183 ​ Total noninterest income ​ 7,138 ​ (21) ​ 10,796 ​ ​ 17,913 ​ ​ 1,840 ​ 844 ​ ​ 2,684 ​ ​ ​ 20,597 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 36,415 ​ 1,875 ​ 2,832 ​ ​ 41,122 ​ ​ 3,226 ​ 1,175 ​ ​ 4,401 ​ ​ ​ 45,523 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 3,619 ​ 5,452 ​ 8,264 ​ ​ 17,335 ​ ​ 3,834 ​ 4,657 ​ ​ 8,491 ​ ​ ​ 25,826 ​ Income tax expense ​ ​ 558 ​ ​ 1,226 ​ ​ 1,736 ​ ​ ​ 3,520 ​ ​ ​ 843 ​ ​ 1,074 ​ ​ ​ 1,917 ​ ​ ​ ​ 5,437 ​ Net income ​ $ 3,061 ​ $ 4,226 ​ $ 6,528 ​ ​ $ 13,815 ​ ​ $ 2,991 ​ $ 3,583 ​ ​ $ 6,574 ​ ​ ​ $ 20,389 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,769,848 ​ $ 1,026,790 ​ $ 61,809 ​ ​ $ 5,858,447 ​ ​ $ 269,337 ​ $ 112,662 ​ ​ $ 381,999 ​ ​ ​ $ 6,240,446 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.22 % 3.41 % NM ​ ​ 3.25 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 3.59 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 63 % ​ 10 % ​ 15 % ​ ​ 88 % ​ ​ 4 % ​ 8 % ​ ​ 12 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 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 ​ $ 42,879 ​ $ 4,329 ​ $ 212 ​ ​ $ 47,420 ​ ​ $ 295 ​ $ 7,771 ​ ​ $ 8,066 ​ ​ ​ $ 55,486 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 1,555 ​ 620 ​ — ​ ​ 2,175 ​ ​ (2,008) ​ 2,986 ​ ​ 978 ​ ​ ​ 3,153 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 317 ​ — ​ ​ 317 ​ ​ ​ 317 ​ Mortgage banking income ​ — ​ — ​ 3,064 ​ ​ 3,064 ​ ​ — ​ — ​ ​ — ​ ​ ​ 3,064 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 122 ​ ​ 1,195 ​ ​ ​ 1,317 ​ ​ ​ ​ 1,317 ​ Net loss on branch divestiture ​ ​ (119) ​ ​ — ​ ​ — ​ ​ ​ (119) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (119) ​ Other noninterest income ​ 8,221 ​ (79) ​ 66 ​ ​ 8,208 ​ ​ 24 ​ — ​ ​ 24 ​ ​ ​ 8,232 ​ Total noninterest income ​ 8,102 ​ (79) ​ 3,130 ​ ​ 11,153 ​ ​ 463 ​ 1,195 ​ ​ 1,658 ​ ​ ​ 12,811 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 35,882 ​ 886 ​ 1,637 ​ ​ 38,405 ​ ​ 3,047 ​ 959 ​ ​ 4,006 ​ ​ ​ 42,411 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income tax expense ​ 13,544 ​ 2,744 ​ 1,705 ​ ​ 17,993 ​ ​ (281) ​ 5,021 ​ ​ 4,740 ​ ​ ​ 22,733 ​ Income tax expense (benefit) ​ 2,244 ​ 617 ​ 358 ​ ​ 3,219 ​ ​ (67) ​ 1,173 ​ ​ 1,106 ​ ​ ​ 4,325 ​ Net income (loss) ​ $ 11,300 ​ $ 2,127 ​ $ 1,347 ​ ​ $ 14,774 ​ ​ $ (214) ​ $ 3,848 ​ ​ $ 3,634 ​ ​ ​ $ 18,408 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,960,737 ​ $ 973,716 ​ $ 40,209 ​ ​ $ 5,974,662 ​ ​ $ 24,296 ​ $ 104,689 ​ ​ $ 128,985 ​ ​ ​ $ 6,103,647 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.76 % 2.30 % NM ​ ​ 3.56 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 4.07 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 75 % ​ 6 % ​ 5 % ​ ​ 86 % ​ ​ 1 % ​ 13 % ​ ​ 14 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2020 ​ ​ 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 ​ $ 118,409 ​ $ 17,715 ​ $ 932 ​ ​ $ 137,056 ​ ​ $ 22,484 ​ $ 17,655 ​ ​ $ 40,139 ​ ​ ​ $ 177,195 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 14,526 ​ 778 ​ — ​ ​ 15,304 ​ ​ 15,239 ​ 251 ​ ​ 15,490 ​ ​ ​ 30,794 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 19,888 ​ — ​ ​ 19,888 ​ ​ ​ 19,888 ​ Mortgage banking income ​ — ​ — ​ 23,968 ​ ​ 23,968 ​ ​ — ​ — ​ ​ — ​ ​ ​ 23,968 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 1,573 ​ ​ 3,676 ​ ​ ​ 5,249 ​ ​ ​ ​ 5,249 ​ Other noninterest income ​ 20,499 ​ 7 ​ 53 ​ ​ 20,559 ​ ​ 253 ​ — ​ ​ 253 ​ ​ ​ 20,812 ​ Total noninterest income ​ 20,499 ​ 7 ​ 24,021 ​ ​ 44,527 ​ ​ 21,714 ​ 3,676 ​ ​ 25,390 ​ ​ ​ 69,917 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 109,750 ​ 3,489 ​ 7,517 ​ ​ 120,756 ​ ​ 13,589 ​ 2,972 ​ ​ 16,561 ​ ​ ​ 137,317 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 14,632 ​ 13,455 ​ 17,436 ​ ​ 45,523 ​ ​ 15,370 ​ 18,108 ​ ​ 33,478 ​ ​ ​ 79,001 ​ Income tax expense ​ ​ 1,747 ​ ​ 3,027 ​ ​ 3,662 ​ ​ ​ 8,436 ​ ​ ​ 3,487 ​ ​ 4,188 ​ ​ ​ 7,675 ​ ​ ​ ​ 16,111 ​ Net income ​ $ 12,885 ​ $ 10,428 ​ $ 13,774 ​ ​ $ 37,087 ​ ​ $ 11,883 ​ $ 13,920 ​ ​ $ 25,803 ​ ​ ​ $ 62,890 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,769,848 ​ $ 1,026,790 ​ $ 61,809 ​ ​ $ 5,858,447 ​ ​ $ 269,337 ​ $ 112,662 ​ ​ $ 381,999 ​ ​ ​ $ 6,240,446 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.41 % 3.07 % NM ​ ​ 3.37 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 4.21 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 56 % ​ 7 % ​ 10 % ​ ​ 73 % ​ ​ 18 % ​ 9 % ​ ​ 27 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 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 ​ $ 126,103 ​ $ 11,181 ​ $ 484 ​ ​ $ 137,768 ​ ​ $ 21,443 ​ $ 22,520 ​ ​ $ 43,963 ​ ​ ​ $ 181,731 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 3,171 ​ 1,262 ​ — ​ ​ 4,433 ​ ​ 11,818 ​ 8,593 ​ ​ 20,411 ​ ​ ​ 24,844 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 21,046 ​ — ​ ​ 21,046 ​ ​ ​ 21,046 ​ Mortgage banking income ​ — ​ — ​ 7,019 ​ ​ 7,019 ​ ​ — ​ — ​ ​ — ​ ​ ​ 7,019 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 318 ​ ​ 3,110 ​ ​ ​ 3,428 ​ ​ ​ ​ 3,428 ​ Net loss on branch divestiture ​ ​ (119) ​ ​ — ​ ​ — ​ ​ ​ (119) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (119) ​ Other noninterest income ​ 22,970 ​ (56) ​ 162 ​ ​ 23,076 ​ ​ 244 ​ 659 ​ ​ 903 ​ ​ ​ 23,979 ​ Total noninterest income ​ 22,851 ​ (56) ​ 7,181 ​ ​ 29,976 ​ ​ 21,608 ​ 3,769 ​ ​ 25,377 ​ ​ ​ 55,353 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 109,196 ​ 2,436 ​ 4,311 ​ ​ 115,943 ​ ​ 13,010 ​ 2,395 ​ ​ 15,405 ​ ​ ​ 131,348 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 36,587 ​ 7,427 ​ 3,354 ​ ​ 47,368 ​ ​ 18,223 ​ 15,301 ​ ​ 33,524 ​ ​ ​ 80,892 ​ Income tax expense ​ 4,753 ​ 1,671 ​ 704 ​ ​ 7,128 ​ ​ 4,251 ​ 3,582 ​ ​ 7,833 ​ ​ ​ 14,961 ​ Net income ​ $ 31,834 ​ $ 5,756 ​ $ 2,650 ​ ​ $ 40,240 ​ ​ $ 13,972 ​ $ 11,719 ​ ​ $ 25,691 ​ ​ ​ $ 65,931 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,960,737 ​ $ 973,716 ​ $ 40,209 ​ ​ $ 5,974,662 ​ ​ $ 24,296 ​ $ 104,689 ​ ​ $ 128,985 ​ ​ ​ $ 6,103,647 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.75 % 2.49 % NM ​ ​ 3.63 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 4.60 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 63 % ​ 5 % ​ 3 % ​ ​ 71 % ​ ​ 18 % ​ 11 % ​ ​ 29 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue .

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2020
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	Basis of Presentation ​ 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 U.S. 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 and nine months ended September 30, 2020 are not necessarily indicative of the results that may be expected for the year ending December 31, 2020. 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, 2019. ​ As of September 30, 2020, 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. MemoryBank®, the Company’s national branchless banking platform, is part of the Traditional Banking segment. ​ The Company’s financial condition at September 30, 2020 and results of operation for the three and nine months ended September 30, 2020 were impacted by the COVID-19 pandemic and the public’s response to it. ​ For additional discussion regarding the COVID-19 pandemic and its impact to the Company, see the following Footnotes in this section of the filing: ​ ● Footnote 2 “Investment Securities” ● Footnote 4 “Loans and Allowance for Credit Losses” ● Footnote 9 “Off Balance Sheet Risks, Commitments, and Contingent Liabilities” ​ ​ Core Bank ​ Traditional Banking segment — ​ ● Kentucky — 28 ● Metropolitan Louisville — 18 ● Central Kentucky — 7 ● Georgetown — 1 ● Lexington — 5 ● Shelbyville — 1 ● 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 — 2 ● Metropolitan Nashville, Tennessee — 3 * *Includes one LPO ​ Republic’s headquarters are in Louisville, which is the largest city in Kentucky based on population. ​ Traditional Banking results of operations are primarily dependent upon net interest income, which represents the difference between the interest income and fees on interest-earning assets and the interest expense on interest-bearing liabilities. Principal interest-earning Traditional Banking assets represent investment securities and commercial and consumer loans primarily secured by real estate and/or personal property. Interest-bearing liabilities primarily consist of interest-bearing deposit accounts, securities sold under agreements to repurchase, as well as short-term and long-term borrowing sources. FHLB advances have traditionally been a significant borrowing source for the Bank. ​ Other sources of Traditional Banking income include service charges on deposit accounts, debit and credit card interchange fee income, title insurance commissions, and increases in the cash surrender value of 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. ​ Warehouse Lending segment — The Core Bank provides short-term, revolving credit facilities to mortgage bankers across the U.S. 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 — ​ Republic Processing Group ​ Tax Refund Solutions segment — ​ 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. The EA product had the following features during 2020 and 2019: ● Offered only during the first two months of each year; ● 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 ; ● 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. ​ 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. Provision on EAs are estimated when advances are made, with Provision for all expected 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. ​ In response to changes in the legal, regulatory and competitive environment, management annually reviews and revises the EAs product parameters. Further changes in EA product parameters do not ensure positive results and could have an overall material negative impact on the performance of the EA product offering and therefore on the Company’s financial condition and results of operations. ​ ​ 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 — ​ ● RCS line-of-credit product – The Bank originates a line-of-credit product to generally subprime borrowers in multiple states. Elevate Credit, Inc., a third-party service provider subject to the Bank’s oversight and supervision, provides the Bank with certain marketing, servicing, technology, and support services for the RCS line-of-credit program, while a separate third-party also provides customer support, servicing, and other services for the RCS line-of-credit product on the Bank’s behalf. The Bank is the lender for the RCS line-of-credit product and is marketed as such. Further, the Bank controls the loan terms and underwriting guidelines, and the Bank exercises consumer compliance oversight of the RCS line-of-credit product. ​ The Bank sells participation interests in the RCS line-of-credit product. These participation interests are a 90% interest in advances made to borrowers under the borrower’s line-of-credit account, and the participation interests are generally sold three business days following the Bank’s funding of the associated advances. Although the Bank retains a 10% participation interest in each advance, it maintains 100% ownership of the underlying RCS line-of-credit account with each borrower. The RCS line-of-credit product represents the substantial majority of RCS activity. Loan balances held for sale through this program are carried at the lower of cost or fair value. ​ ● RCS installment loan products – From the first quarter of 2016 through the first quarter of 2018, the Bank piloted a consumer installment loan product across the U.S. using a third-party service provider. As part of the program, the Bank sold 100% of the balances generated through the program back to its third-party service provider approximately 21 days after origination. During the second quarter of 2018, the Bank and its third-party service provider suspended the origination of new loans and the sale of unsold loans through this program. Since program suspension in 2018, the Bank has carried all unsold loans under this program as “held for investment” on its balance sheet and has continued to wind down those balances. Additionally, loans under this program are carried at fair value under a fair value option on the Bank’s balance sheet with the portfolio marked to market monthly. Approximately $588,000 of balances remained held for investment under this program as of September 30, 2020. ​ Through a new program launched in December 2019, the Bank began offering RCS installment loans with terms ranging from 12 to 60 months to borrowers in multiple states. A third-party service provider subject to the Bank’s oversight and supervision provides the Bank with marketing services and loan servicing for these RCS installment loans. The Bank is the lender for these RCS installment loans, and is marketed as such. Further, the Bank controls the loan terms and underwriting guidelines, and the Bank exercises consumer compliance oversight of this RCS installment loan product. Currently, all loan balances originated under this RCS installment loan program are carried as “held for sale” on the Bank’s balance sheet, with the intention to sell these loans to its third-party service provider generally within sixteen days following the Bank’s origination of the loans. Loans originated under this RCS installment loan program are carried at fair value under a fair-value option, with the portfolio marked to market monthly. ​ ● RCS healthcare receivables products – The Bank originates healthcare-receivables products across the U.S. 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 through this program are carried at the lower of cost or fair value. ​ ​ 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.” ​ ​
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards ​ Effective January 1, 2020, the Company adopted ASC 326 Financial Instruments – Credit Losses, ​ The Company adopted ASC 326 primarily using the modified retrospective method for its financial instruments and off-balance sheet credit exposures. Results for periods beginning after December 31, 2019 will be presented under CECL while prior-period amounts will continue to be reported under previously applicable GAAP. ​ The Company adopted ASC 326 using the prospective transition approach for debt securities for which OTTI had been recognized prior to January 1, 2020. As a result, the amortized cost basis will remain the same before and after the effective date of CECL. The effective interest rate on these debt securities was not changed. Recoveries of amounts previously written off relating to improvements in cash flows after January 1, 2020 will be recorded in earnings when received. ​ The Company adopted ASC 326 using the prospective transition approach for PCD assets that were previously classified as PCI assets under ASC 310-30. As allowed by ASC 326, the Company did not reassess whether PCI assets met the PCD criteria as of the date of adoption. On January 1, 2020, the amortized cost basis of PCD assets was adjusted to reflect the addition of million of ACLL formerly classified under previous GAAP as a non-accretable credit discount within gross loans. The remaining noncredit discount on PCD assets will be accreted into interest income at the effective interest rate as of January 1, 2020. ​ The Company elected the fair value option for its RCS installment loan product in 2016. This product will continue to be accounted for at fair value under CECL. ​ When measuring an ACL, CECL primarily differs from the probable-incurred method by: a) incorporating a lower “expected” threshold for loss recognition versus a higher “probable” threshold; b) requiring life-of-loan considerations; and c) requiring reasonable and supportable forecasts. ​ In accordance with the adoption of ASC 326 and CECL, the Company recorded on January 1, 2020 a $6.7 million, or 16%, increase in the ACLL for its loans, a $51,000 ACLS for its investment debt securities, and a $456,000 ACLC for its off-balance sheet credit exposures. Of the $6.7 million increase in ACLL, approximately $1.4 million was a gross-up reclassification of non-accretable discount on previously-PCI, now-PCD, loans as mentioned above, and the remaining $5.3 million was a difference in ACL between CECL and the probable-incurred method. The Company also made a cumulative effect entry of $4.3 million to reduce its opening balance of retained earnings upon adoption of ASC 326, with no impact on 2020 earnings for these adoption entries. The adoption date increase in ACLL for the Company’s loans primarily reflects additional ACLL for longer duration loan portfolios, such as the Company's residential real estate and consumer loan portfolios. No additional segmentation of the Bank's loan portfolios was deemed necessary upon adoption. ​ ​ The following table illustrates the impact of ASC 326 adoption: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for Credit Losses as of January 1, 2020 ​ ​ ​ As Reported ​ ​ ​ ​ Impact ​ ​ ​ Under ​ Pre-ASC 326 ​ of ASC 326 ​ (in thousands) ASC 326 Adoption Adoption ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on debt securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AFS debt securities - Corporate bonds ​ $ — ​ $ — ​ $ — ​ HTM debt securities - Corporate bond ​ ​ 51 ​ ​ — ​ ​ 51 ​ Allowance for credit losses on debt securities ​ $ 51 ​ $ — ​ $ 51 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 8,928 ​ $ 4,729 ​ $ 4,199 ​ Nonowner occupied ​ 1,885 ​ 1,737 148 ​ Commercial real estate ​ 10,759 ​ 10,486 273 ​ Construction & land development ​ 3,599 ​ 2,152 1,447 ​ Commercial & industrial ​ 1,564 ​ 2,882 (1,318) ​ Lease financing receivables ​ 147 ​ 147 — ​ Aircraft ​ ​ 176 ​ ​ 176 ​ ​ — ​ Home equity ​ 4,373 ​ 2,721 1,652 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 1,053 ​ 1,020 33 ​ Overdrafts ​ 1,169 ​ 1,169 — ​ Automobile loans ​ 605 ​ 612 (7) ​ Other consumer ​ 681 ​ 374 307 ​ Total Traditional Banking ​ ​ 34,939 ​ ​ 28,205 ​ ​ 6,734 ​ Warehouse lines of credit ​ 1,794 ​ 1,794 — ​ Total Core Banking ​ ​ 36,733 ​ ​ 29,999 ​ ​ 6,734 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ ​ — ​ ​ — ​ Other TRS loans ​ ​ 234 ​ ​ 234 ​ ​ — ​ Republic Credit Solutions ​ 13,118 ​ 13,118 — ​ Total Republic Processing Group ​ ​ 13,352 ​ ​ 13,352 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on loans ​ $ 50,085 ​ $ 43,351 $ 6,734 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on OBS credit exposures ​ $ 456 ​ $ — ​ $ 456 ​ ​ The following ASUs were also adopted by the Company during the nine months ended September 30, 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ASU. No. Topic Nature of Update Date Adopted Method of Adoption Financial Statement Impact 2017-04 ​ Intangibles - Goodwill and Other (Topic 350) ​ This ASU simplifies goodwill impairment testing by eliminating Step 2 from the goodwill impairment test. The ASU also eliminates the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. ​ January 1, 2020 ​ Prospectively ​ Immaterial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020-04 ​ Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting ​ This ASU provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying GAAP to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. The ASU is intended to help during the global market-wide reference rate transition period; therefore, it will be in effect for a limited time through December 31, 2022. ​ March 12, 2020 ​ Prospectively ​ This ASU is expected to assist in the Company's transition away from LIBOR as a reference rate. ​ ​ Accounting Standards Update ​ The following ASU was issued prior to September 30, 2020 and is 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 included below. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ASU. No. ​ Topic ​ Nature of Update ​ Date Adoption Required ​ Permitted Adoption Methods ​ Expected Financial Statement Impact 2020-08 ​ Codification Improvements to Subtopic 310-20, ​ This ASU clarifies that an entity should re-evaluate whether a callable debt security is within the scope of ASC paragraph 310-20-35-33 for each reporting period. ​ January 1, 2021 ​ Prospectively ​ Immaterial
Debt and Held-to-Maturity Securities	Debt Securities ​ Interest income includes amortization of purchase premiums and accretion of discounts. Premiums and discounts on securities are generally amortized on the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. Premiums on callable securities are amortized to the earliest call date. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. ​ A debt security is placed on nonaccrual status at the time any principal or interest payments become more than 90 days delinquent. Interest accrued but not received for a security placed on nonaccrual is reversed against interest income. ​ Allowance for Credit Losses on Available-for-Sale Securities — For the Company’s AFS corporate bond, the Company uses third-party PD and LGD data to estimate an ACLS, which is limited by the amount that the bond’s fair value is less than its amortized cost basis. ​ For all other AFS debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written-down to fair value through income. For other AFS debt securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an ACLS is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an ACLS is recognized in other comprehensive income. ​ Changes in ACLS are recorded as a charge or credit to the Provision. Losses are charged against the ACLS when management believes the lack of collectability of an AFS debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. ​ Accrued interest on AFS debt securities totaled $1 million at September 30, 2020 and is excluded from the ACLS. Accrued interest on AFS debt securities is presented as a component of other assets on the Company’s balance sheet. ​ Allowance for Credit Losses on Held-to-Maturity Securities — The Company measures expected credit losses on HTM debt securities on a collective basis by major security type. Accrued interest receivable on HTM debt securities totaled at September 30, 2020 and is excluded from the ACLS. Accrued interest on HTM debt securities is presented as a component of other assets on the Company’s balance sheet. ​ The estimate of ACLS on HTM debt securities considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. ​ The Company classifies its HTM portfolio into the following major security types: MBS, corporate bonds, and municipal bonds. MBS securities include CMOs. Nearly all of the MBS portfolio is issued by U.S. government entities or government sponsored entities. These securities are highly rated by major rating agencies and have a long history of no credit losses. The MBS portfolio also carries ratings no lower than investment grade. The Company uses PD and LGD estimates provided by a third-party to estimate an ACLS for its corporate and municipal bond portfolios. These PD and LGD estimates are updated at least quarterly by the Company, with these estimates incorporating the most recent market expectations and forecasted information.
Loans	Loans — ​ Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method. Premiums on loans held for investment are amortized into interest income on the level-yield method over the expected life of the loan. ​ Lease financing receivables, all of which are direct financing leases, are reported at their principal balance outstanding net of any unearned income, deferred loan fees and costs, and applicable ACLL. Leasing income is recognized on a basis that achieves a constant periodic rate of return on the outstanding lease financing balances over the lease terms. ​ Interest income on mortgage and commercial loans is typically discontinued at the time the loan is 80 days delinquent unless the loan is well secured and in process of collection. Past due status is based on the contractual terms of the loan, which may define past due status by the number of days or the number of payments past due. In most cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual loans and loans past due 80 days still on accrual include smaller balance, homogeneous loans that are evaluated collectively or individually for loss. ​ Interest accrued but not received for all classes of loans placed on nonaccrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured, typically a minimum of six consecutive months of performance. Consumer and credit card loans are not placed on nonaccrual status but are reviewed periodically and charged-off when the loan is deemed uncollectible, generally no more than 120 days.
Purchased Credit Deteriorated Loans	Purchased Credit Deteriorated Loans — ​ ● Non-accretable discount assigned by the Bank ● Classified by either the acquired bank or the Bank as Special Mention or Substandard ● Nonaccrual status when purchased ● Past due 30 days or more when purchased ● Loans that have been at least one time over 30 days past due ● Past maturity date when purchased ● Select loans that are cross collateralized with any loans identified above ​ PCD loans are recorded at the amount paid. An ACLL is determined using the same methodology as other loans held for investment. The initial ACLL determined on a collective basis is allocated to individual loans. The sum of the loan’s purchase price and ACLL becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a noncredit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the ACLL are recorded through the Provision.
Allowance for Credit Losses on Loans	Allowance for Credit Losses on Loans — ​ The ACLL is measured on a collective or pooled basis when similar risk characteristics exist. The first table of Footnote 4 illustrates the Company’s loan portfolio by ACLL risk pool. This pooling method is primarily based on the pool’s collateral type or the pool’s purpose and generally follows the Bank’s loan segmentation for regulatory reporting. For each of its loan pools, the Company uses a “static-pool” method, which analyzes historical closed pools of similar loans over their expected lives to attain a loss rate. This loss rate is then adjusted for current conditions and reasonable and supportable forecasts prior to being applied to the current balance of the analyzed pools. Adjustments to the historical loss rate for current conditions include differences in underwriting standards, portfolio mix, delinquency level, or term, as well as for changes in environmental conditions, such as changes in property values or other relevant factors. A one-year forecast adjustment to the historical loss rate is based on a forecast of the U.S. national unemployment rate, which has shown a relatively strong historical correlation to the Bank’s loan losses. For the CRE loan pool, a one-year forecast of CRE vacancy rates within the Company’s footprint was introduced into the Company’s CECL model during the third quarter of 2020 due to pandemic-driven changes in culture, including increased and prolonged work-from-home practices. This additional CRE-specific forecast factor drove a $2 million increase in the Company’s ACLL. Subsequent to one-year forecasts, loss rates are assumed to immediately revert back to long-term historical averages. ​ Loans that do not share risk characteristics are evaluated on an individual basis, with the Company choosing to individually evaluate all TDRs. Loans evaluated individually are not also included in the pooled evaluation. When management determines that a loan is collateral dependent and foreclosure is probable, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for selling costs if appropriate. ​ Determining Expected Loan Lives: Expected credit losses are estimated over the contractual loan term, adjusted for expected prepayments when appropriate. The contractual term excludes expected extensions, renewals, and modifications unless either of the following applies: management has a reasonable expectation at the reporting date that a TDR will be executed with an individual borrower, or the extension or renewal options are included in the original or modified contract at the reporting date and are not unconditionally cancellable by the Company.
Troubled Debt Restructurings	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. The Company measures the ACLL for TDRs individually using either a discounted cash flow method or the collateral method, if the TDR is collateral dependent. TDRs whose ACLL is measured using a discounted cash flow method use the original pre-modification interest rate on the loan for discounting. ​ Performing loans receiving a COVID-19 accommodation are not classified as TDRs. ​ ● For additional discussion regarding loans accommodated due to COVID-19, see Footnote 4 “Loans and Allowance for Credit Losses” in this section of the filing.
Allowance for Credit Losses on Off-Balance Sheet Credit Exposures	Allowance for Credit Losses on Off-Balance Sheet Credit Exposures — The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. The likelihood that funding will occur is based on the historical usage rate of such commitments. A listing of off-balance sheet credit exposures the Company generally considers for an ACLC is illustrated in Footnote 9 in this section of the filing. ​ The ACLC is recorded as a component of other liabilities on the Company’s balance sheet. Any provision for the ACLC is recorded on the Company’s income statement as a component of other noninterest expense.

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2020
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedules of Accounting Standards Updates	The following table illustrates the impact of ASC 326 adoption: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for Credit Losses as of January 1, 2020 ​ ​ ​ As Reported ​ ​ ​ ​ Impact ​ ​ ​ Under ​ Pre-ASC 326 ​ of ASC 326 ​ (in thousands) ASC 326 Adoption Adoption ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on debt securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AFS debt securities - Corporate bonds ​ $ — ​ $ — ​ $ — ​ HTM debt securities - Corporate bond ​ ​ 51 ​ ​ — ​ ​ 51 ​ Allowance for credit losses on debt securities ​ $ 51 ​ $ — ​ $ 51 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 8,928 ​ $ 4,729 ​ $ 4,199 ​ Nonowner occupied ​ 1,885 ​ 1,737 148 ​ Commercial real estate ​ 10,759 ​ 10,486 273 ​ Construction & land development ​ 3,599 ​ 2,152 1,447 ​ Commercial & industrial ​ 1,564 ​ 2,882 (1,318) ​ Lease financing receivables ​ 147 ​ 147 — ​ Aircraft ​ ​ 176 ​ ​ 176 ​ ​ — ​ Home equity ​ 4,373 ​ 2,721 1,652 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 1,053 ​ 1,020 33 ​ Overdrafts ​ 1,169 ​ 1,169 — ​ Automobile loans ​ 605 ​ 612 (7) ​ Other consumer ​ 681 ​ 374 307 ​ Total Traditional Banking ​ ​ 34,939 ​ ​ 28,205 ​ ​ 6,734 ​ Warehouse lines of credit ​ 1,794 ​ 1,794 — ​ Total Core Banking ​ ​ 36,733 ​ ​ 29,999 ​ ​ 6,734 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ ​ — ​ ​ — ​ Other TRS loans ​ ​ 234 ​ ​ 234 ​ ​ — ​ Republic Credit Solutions ​ 13,118 ​ 13,118 — ​ Total Republic Processing Group ​ ​ 13,352 ​ ​ 13,352 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on loans ​ $ 50,085 ​ $ 43,351 $ 6,734 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses on OBS credit exposures ​ $ 456 ​ $ — ​ $ 456 ​ ​ The following ASUs were also adopted by the Company during the nine months ended September 30, 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ASU. No. Topic Nature of Update Date Adopted Method of Adoption Financial Statement Impact 2017-04 ​ Intangibles - Goodwill and Other (Topic 350) ​ This ASU simplifies goodwill impairment testing by eliminating Step 2 from the goodwill impairment test. The ASU also eliminates the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. ​ January 1, 2020 ​ Prospectively ​ Immaterial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020-04 ​ Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting ​ This ASU provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying GAAP to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. The ASU is intended to help during the global market-wide reference rate transition period; therefore, it will be in effect for a limited time through December 31, 2022. ​ March 12, 2020 ​ Prospectively ​ This ASU is expected to assist in the Company's transition away from LIBOR as a reference rate. The following ASU was issued prior to September 30, 2020 and is 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 included below. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ASU. No. ​ Topic ​ Nature of Update ​ Date Adoption Required ​ Permitted Adoption Methods ​ Expected Financial Statement Impact 2020-08 ​ Codification Improvements to Subtopic 310-20, ​ This ASU clarifies that an entity should re-evaluate whether a callable debt security is within the scope of ASC paragraph 310-20-35-33 for each reporting period. ​ January 1, 2021 ​ Prospectively ​ Immaterial

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2020
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 Allowance ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ for Fair September 30, 2020 (in thousands) ​ Cost ​ Gains ​ Losses ​ Credit Losses Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 235,216 ​ $ 1,897 ​ $ (47) ​ $ — ​ $ 237,066 Private label mortgage backed security ​ 1,765 ​ 1,239 ​ — ​ — ​ 3,004 Mortgage backed securities - residential ​ 234,025 ​ 8,646 ​ (1) ​ — ​ 242,670 Collateralized mortgage obligations ​ 52,841 ​ 938 ​ (19) ​ — ​ 53,760 Corporate bonds ​ 10,000 ​ — ​ (30) ​ (52) ​ 9,918 Trust preferred security ​ 3,618 ​ 182 ​ — ​ — ​ 3,800 Total available-for-sale debt securities ​ $ 537,465 ​ $ 12,902 ​ $ (97) ​ $ (52) ​ $ 550,218 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross Allowance ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ for Fair December 31, 2019 (in thousands) ​ Cost ​ Gains ​ Losses ​ Credit Losses Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 134,765 ​ $ 59 ​ $ (184) ​ ​ NA ​ $ 134,640 Private label mortgage backed security ​ 2,210 ​ 1,285 ​ — ​ ​ NA ​ 3,495 Mortgage backed securities - residential ​ 253,288 ​ 2,916 ​ (357) ​ ​ NA ​ 255,847 Collateralized mortgage obligations ​ 63,284 ​ 258 ​ (171) ​ ​ NA ​ 63,371 Corporate bonds ​ 10,000 ​ 2 ​ — ​ ​ NA ​ 10,002 Trust preferred security ​ 3,575 ​ 425 ​ — ​ ​ NA ​ 4,000 Total available-for-sale debt securities ​ $ 467,122 ​ $ 4,945 ​ $ (712) ​ ​ NA ​ $ 471,355
Schedule of carrying value, gross unrecognized gains and losses, and fair value of held-to-maturity debt securities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ Allowance ​ ​ Carrying ​ Unrecognized ​ Unrecognized ​ Fair ​ for September 30, 2020 (in thousands) ​ Value ​ Gains ​ Losses ​ Value ​ Credit Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage backed securities - residential ​ $ 100 ​ $ 5 ​ $ — ​ $ 105 ​ $ — Collateralized mortgage obligations ​ 14,118 ​ 183 ​ — ​ 14,301 ​ — Corporate bonds ​ 39,989 ​ 403 ​ — ​ 40,392 ​ (295) Obligations of state and political subdivisions ​ ​ 356 ​ ​ 9 ​ ​ — ​ ​ 365 ​ ​ — Total held-to-maturity debt securities ​ $ 54,563 ​ $ 600 ​ $ — ​ $ 55,163 ​ $ (295) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ Allowance ​ ​ Carrying ​ Unrecognized ​ Unrecognized ​ Fair ​ for December 31, 2019 (in thousands) ​ Value ​ Gains ​ Losses ​ Value ​ Credit Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage backed securities - residential ​ $ 104 ​ $ 6 ​ $ — ​ $ 110 ​ ​ NA Collateralized mortgage obligations ​ 16,970 ​ 94 ​ (21) ​ 17,043 ​ NA Corporate bonds ​ 44,995 ​ 544 ​ — ​ 45,539 ​ NA Obligations of state and political subdivisions ​ ​ 462 ​ ​ 2 ​ ​ — ​ ​ 464 ​ NA Total held-to-maturity debt securities ​ $ 62,531 ​ $ 646 ​ $ (21) ​ $ 63,156 ​ NA
Schedule of amortized cost and fair value of debt securities by contractual maturity	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale ​ Held-to-Maturity ​ ​ Debt Securities ​ Debt Securities ​ Amortized Fair Carrying Fair September 30, 2020 (in thousands) ​ Cost ​ Value ​ Value ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due in one year or less ​ $ 9,941 ​ $ 10,040 ​ $ 110 ​ $ 112 ​ Due from one year to five years ​ 235,275 ​ 236,944 ​ 35,281 ​ 35,660 ​ Due from five years to ten years ​ — ​ — ​ 4,954 ​ 4,985 ​ Due beyond ten years ​ 3,618 ​ 3,800 ​ — ​ — ​ Private label mortgage backed security ​ 1,765 ​ 3,004 ​ — ​ — ​ Mortgage backed securities - residential ​ 234,025 ​ 242,670 ​ 100 ​ 105 ​ Collateralized mortgage obligations ​ 52,841 ​ 53,760 ​ 14,118 ​ 14,301 ​ Total debt securities ​ $ 537,465 ​ $ 550,218 ​ $ 54,563 ​ $ 55,163 ​
Schedule of debt securities with unrealized losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized September 30, 2020 (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 ​ $ 39,951 ​ $ (47) ​ $ — ​ $ — ​ $ 39,951 ​ $ (47) ​ Mortgage backed securities - residential ​ ​ 447 ​ ​ (1) ​ ​ — ​ ​ — ​ ​ 447 ​ $ (1) ​ Collateralized mortgage obligations ​ ​ 8,282 ​ ​ (19) ​ ​ — ​ ​ — ​ ​ 8,282 ​ ​ (19) ​ Total available-for-sale debt securities ​ $ 48,680 ​ $ (67) ​ $ — ​ $ — ​ $ 48,680 ​ $ (67) ​ ​ ​ ​ Debt securities with unrealized losses at December 31, 2019, aggregated by investment category and length of time in a continuous unrealized loss position, were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized December 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 ​ $ 40,165 ​ $ (176) ​ $ 14,992 ​ $ (8) ​ $ 55,157 ​ $ (184) ​ Mortgage backed securities - residential ​ ​ 65,630 ​ ​ (269) ​ ​ 16,633 ​ ​ (88) ​ ​ 82,263 ​ ​ (357) ​ Collateralized mortgage obligations ​ ​ 12,444 ​ ​ (36) ​ ​ 10,738 ​ ​ (135) ​ ​ 23,182 ​ ​ (171) ​ Total available-for-sale debt securities ​ $ 118,239 ​ $ (481) ​ $ 42,363 ​ $ (231) ​ $ 160,602 ​ $ (712) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized December 31, 2019 (in thousands) ​ Fair Value ​ Losses ​ Fair Value ​ Losses ​ Fair Value ​ Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Held-to-maturity debt securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateralized mortgage obligations ​ $ 4 ​ $ (2) ​ $ 4,827 ​ $ (19) ​ $ 4,831 ​ $ (21) ​ Total held-to-maturity debt securities: ​ $ 4 ​ $ (2) ​ $ 4,827 ​ $ (19) ​ $ 4,831 ​ $ (21) ​
Schedule of allowance for credit losses on investment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLS Rollforward ​ ​ ​ Three Months Ended September 30, 2020 ​ ​ ​ Beginning ​ ASC 326 ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ $ 126 ​ $ — ​ $ (74) ​ $ — ​ $ — ​ $ 52 Held-to-Maturity Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ ​ 147 ​ ​ — ​ ​ 148 ​ ​ — ​ ​ — ​ ​ 295 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 273 ​ $ — ​ $ 74 ​ $ — ​ $ — ​ $ 347 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLS Rollforward ​ ​ ​ Nine Months Ended September 30, 2020 ​ ​ ​ Beginning ​ ASC 326 ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ $ — ​ $ — ​ $ 52 ​ $ — ​ $ — ​ $ 52 Held-to-Maturity Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ ​ — ​ ​ 51 ​ ​ 244 ​ ​ — ​ ​ — ​ ​ 295 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ — ​ $ 51 ​ $ 296 ​ $ — ​ $ — ​ $ 347
Schedule of pledged investment securities	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Carrying amount ​ $ 229,683 ​ $ 229,700 ​ Fair value ​ 229,762 ​ 229,706 ​
Schedule of carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair September 30, 2020 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 536 ​ $ — ​ $ 536 ​ Community Reinvestment Act mutual fund ​ 2,500 ​ 34 ​ — ​ 2,534 ​ Total equity securities with readily determinable fair values ​ $ 2,500 ​ $ 570 ​ $ — ​ $ 3,070 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair December 31, 2019 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 714 ​ $ — ​ $ 714 ​ Community Reinvestment Act mutual fund ​ 2,500 ​ — ​ (26) ​ 2,474 ​ Total equity securities with readily determinable fair values ​ $ 2,500 ​ $ 714 ​ $ (26) ​ $ 3,188 ​
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	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (Losses) Recognized on Equity Securities ​ ​ ​ Three Months Ended September 30, 2020 Three Months Ended September 30, 2019 (in thousands) Realized Unrealized Total Realized Unrealized Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 50 ​ $ 50 ​ $ — ​ $ 95 ​ $ 95 ​ Community Reinvestment Act mutual fund ​ — ​ 4 ​ 4 ​ — ​ 19 ​ 19 ​ Total equity securities with readily determinable fair value ​ $ — ​ $ 54 ​ $ 54 ​ $ — ​ $ 114 ​ $ 114 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (Losses) Recognized on Equity Securities ​ ​ ​ Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 ​ (in thousands) ​ Realized ​ Unrealized ​ Total ​ Realized ​ Unrealized ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ (178) ​ $ (178) ​ $ — ​ $ 472 ​ $ 472 ​ Community Reinvestment Act mutual fund ​ — ​ 60 ​ 60 ​ — ​ 89 ​ 89 ​ Total equity securities with readily determinable fair value ​ $ — ​ $ (118) ​ $ (118) ​ $ — ​ $ 561 ​ $ 561 ​

LOANS HELD FOR SALE (Tables)

LOANS HELD FOR SALE (Tables)	9 Months Ended
	Sep. 30, 2020
LOANS HELD FOR SALE.
Schedule of activity of consumer loans held for sale and carried at fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 164 ​ $ — ​ $ 598 ​ $ — ​ Origination of consumer loans held for sale ​ 1,559 ​ — ​ 49,300 ​ — ​ Proceeds from the sale of consumer loans held for sale ​ (1,321) ​ — ​ (50,872) ​ — ​ Net gain on sale of consumer loans held for sale ​ 47 ​ — ​ 1,423 ​ — ​ Balance, end of period ​ $ 449 ​ $ — ​ $ 449 ​ $ — ​
Schedule of activity of consumer loans held for sale and carried at lower of cost or fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 12,801 ​ $ 37,609 ​ $ 11,646 ​ $ 12,838 ​ Origination of consumer loans held for sale ​ 107,518 ​ 187,856 ​ 342,388 ​ 534,268 ​ Proceeds from the sale of consumer loans held for sale ​ (109,669) ​ (208,211) ​ (344,919) ​ (532,471) ​ Net gain on sale of consumer loans held for sale ​ 793 ​ 1,250 ​ 2,328 ​ 3,869 ​ Balance, end of period ​ $ 11,443 ​ $ 18,504 ​ $ 11,443 ​ $ 18,504 ​

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	9 Months Ended
	Sep. 30, 2020
Loans and allowance for loan and losses
Schedule of composition of loan portfolio	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 885,011 ​ $ 949,568 ​ Nonowner occupied ​ 256,319 ​ 258,803 ​ Commercial real estate ​ 1,308,867 ​ 1,303,000 ​ Construction & land development ​ 142,465 ​ 159,702 ​ Commercial & industrial ​ 337,925 ​ 468,209 ​ Paycheck Protection Program ​ ​ 514,550 ​ ​ — ​ Lease financing receivables ​ 11,204 ​ 14,040 ​ Aircraft ​ ​ 87,555 ​ ​ 58,941 ​ Home equity ​ 252,839 ​ 293,186 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 14,373 ​ 17,836 ​ Overdrafts ​ 705 ​ 1,522 ​ Automobile loans ​ 35,683 ​ 52,923 ​ Other consumer ​ 9,008 ​ 18,201 ​ Total Traditional Banking ​ ​ 3,856,504 ​ ​ 3,595,931 ​ Warehouse lines of credit* ​ 1,028,675 ​ 717,458 ​ Total Core Banking ​ ​ 4,885,179 ​ ​ 4,313,389 ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group*: ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ ​ — ​ Other TRS loans ​ ​ 233 ​ ​ 14,365 ​ Republic Credit Solutions ​ ​ 108,962 ​ 105,397 ​ Total Republic Processing Group ​ ​ 109,195 ​ ​ 119,762 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total loans** ​ 4,994,374 ​ 4,433,151 ​ Allowance for credit losses ​ (59,891) ​ (43,351) ​ ​ ​ ​ ​ ​ ​ ​ ​ Total loans, net ​ $ 4,934,483 ​ $ 4,389,800 ​ *Identifies loans to borrowers located primarily outside of the Bank’s market footprint. ** Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs. See table directly below for expanded detail. ​
Schedule that reconciles the contractually receivable and carrying amounts of loans	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Contractually receivable ​ $ 5,006,351 ​ $ 4,432,351 ​ Unearned income ​ (805) ​ (1,139) ​ Unamortized premiums ​ 249 ​ 366 ​ Unaccreted discounts ​ (1,040) ​ (2,534) ​ PPP net unamortized deferred origination fees and costs ​ ​ (13,386) ​ ​ — ​ Other net unamortized deferred origination fees and costs ​ 3,005 ​ 4,107 ​ Carrying value of loans ​ $ 4,994,374 ​ $ 4,433,151 ​ ​
Schedule of the risk category of loans by class of loans based on the bank's internal analysis performed	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year ​ Amortized ​ Converted ​ ​ ​ As of September 30, 2020 ​ 2020 ​ 2019 ​ 2018 ​ 2017 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate owner occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 167,130 ​ $ 151,524 ​ $ 93,344 ​ $ 75,143 ​ $ 369,495 ​ $ — ​ $ — ​ $ 856,636 Special Mention ​ ​ — ​ ​ — ​ ​ 44 ​ ​ 1,619 ​ ​ 9,310 ​ ​ — ​ ​ — ​ ​ 10,973 Substandard ​ ​ 394 ​ ​ 1,405 ​ ​ 813 ​ ​ 673 ​ ​ 14,117 ​ ​ — ​ ​ — ​ ​ 17,402 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 167,524 ​ $ 152,929 ​ $ 94,201 ​ $ 77,435 ​ $ 392,922 ​ $ — ​ $ — ​ $ 885,011 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate nonowner occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 41,458 ​ $ 68,635 ​ $ 50,298 ​ $ 48,808 ​ $ 46,364 ​ $ — ​ $ — ​ $ 255,563 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 756 ​ ​ — ​ ​ — ​ ​ 756 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 41,458 ​ $ 68,635 ​ $ 50,298 ​ $ 48,808 ​ $ 47,120 ​ $ — ​ $ — ​ $ 256,319 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 200,958 ​ $ 305,221 ​ $ 194,215 ​ $ 197,348 ​ $ 358,958 ​ $ — ​ $ 34,162 ​ $ 1,290,862 Special Mention ​ ​ — ​ ​ 1,988 ​ ​ 120 ​ ​ 1,250 ​ ​ 2,830 ​ ​ — ​ ​ — ​ ​ 6,188 Substandard ​ ​ 2,964 ​ ​ 423 ​ ​ — ​ ​ 1,197 ​ ​ 4,413 ​ ​ — ​ ​ 2,820 ​ ​ 11,817 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 203,922 ​ $ 307,632 ​ $ 194,335 ​ $ 199,795 ​ $ 366,201 ​ $ — ​ $ 36,982 ​ $ 1,308,867 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction and land development: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 50,950 ​ $ 44,658 ​ $ 18,195 ​ $ 5,563 ​ $ 20,508 ​ $ — ​ $ — ​ $ 139,874 Special Mention ​ ​ — ​ ​ 2,409 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 2,409 Substandard ​ ​ 134 ​ ​ 48 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 182 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 51,084 ​ $ 47,115 ​ $ 18,195 ​ $ 5,563 ​ $ 20,508 ​ $ — ​ $ — ​ $ 142,465 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 101,782 ​ $ 106,292 ​ $ 40,773 ​ $ 36,229 ​ $ 50,249 ​ $ — ​ $ — ​ $ 335,325 Special Mention ​ ​ 627 ​ ​ — ​ ​ — ​ ​ — ​ ​ 20 ​ ​ — ​ ​ — ​ ​ 647 Substandard ​ ​ 1,477 ​ ​ 476 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,953 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 103,886 ​ $ 106,768 ​ $ 40,773 ​ $ 36,229 ​ $ 50,269 ​ $ — ​ $ — ​ $ 337,925 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Paycheck Protection Program: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 514,550 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 514,550 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 514,550 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 514,550 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease financing receivables: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 876 ​ $ 4,541 ​ $ 1,949 ​ $ 3,088 ​ $ 750 ​ $ — ​ $ — ​ $ 11,204 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 876 ​ $ 4,541 ​ $ 1,949 ​ $ 3,088 ​ $ 750 ​ $ — ​ $ — ​ $ 11,204 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aircraft: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 31,658 ​ $ 36,155 ​ $ 18,316 ​ $ 1,426 ​ $ — ​ $ — ​ $ — ​ $ 87,555 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 31,658 ​ $ 36,155 ​ $ 18,316 ​ $ 1,426 ​ $ — ​ $ — ​ $ — ​ $ 87,555 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 249,791 ​ $ — ​ $ 249,791 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 126 ​ ​ — ​ ​ 126 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 2,922 ​ ​ — ​ ​ 2,922 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 252,839 ​ $ — ​ $ 252,839 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year (Continued) ​ Amortized ​ Converted ​ ​ ​ ​ As of September 30, 2020 ​ 2020 ​ 2019 ​ 2018 ​ 2017 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 363 ​ $ 14,893 ​ $ 10,425 ​ $ 8,489 ​ $ 10,555 ​ $ 14,512 ​ $ — ​ $ 59,237 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 7 ​ ​ — ​ ​ — ​ ​ 7 ​ Substandard ​ ​ — ​ ​ 35 ​ ​ 53 ​ ​ 191 ​ ​ 246 ​ ​ — ​ ​ — ​ ​ 525 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 363 ​ $ 14,928 ​ $ 10,478 ​ $ 8,680 ​ $ 10,808 ​ $ 14,512 ​ $ — ​ $ 59,769 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Warehouse: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 1,028,675 ​ $ — ​ $ 1,028,675 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 1,028,675 ​ $ — ​ $ 1,028,675 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TRS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 93 ​ $ — ​ $ 93 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 140 ​ ​ — ​ ​ 140 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 233 ​ $ — ​ $ 233 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RCS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 22,138 ​ $ 7,159 ​ $ 3,050 ​ $ 1,454 ​ $ 1,546 ​ $ 73,302 ​ $ — ​ $ 108,649 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 313 ​ ​ — ​ ​ 313 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 22,138 ​ $ 7,159 ​ $ 3,050 ​ $ 1,454 ​ $ 1,546 ​ $ 73,615 ​ $ — ​ $ 108,962 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grand Total: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 1,131,863 ​ $ 739,078 ​ $ 430,565 ​ $ 377,548 ​ $ 858,425 ​ $ 1,366,373 ​ $ 34,162 ​ $ 4,938,014 ​ Special Mention ​ ​ 627 ​ ​ 4,397 ​ ​ 164 ​ ​ 2,869 ​ ​ 12,167 ​ ​ 126 ​ ​ — ​ ​ 20,350 ​ Substandard ​ ​ 4,969 ​ ​ 2,387 ​ ​ 866 ​ ​ 2,061 ​ ​ 19,532 ​ ​ 3,375 ​ ​ 2,820 ​ ​ 36,010 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Grand Total ​ $ 1,137,459 ​ $ 745,862 ​ $ 431,595 ​ $ 382,478 ​ $ 890,124 ​ $ 1,369,874 ​ $ 36,982 ​ $ 4,994,374 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 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 ​ $ — ​ $ 12,153 ​ $ 14,441 ​ $ — ​ $ 140 ​ $ 1,281 ​ $ 28,015 ​ Nonowner occupied ​ — ​ 487 ​ 1,285 ​ — ​ — ​ — ​ 1,772 ​ Commercial real estate ​ 1,286,623 ​ 4,623 ​ 11,123 ​ — ​ 631 ​ — ​ 1,303,000 ​ Construction & land development ​ 157,165 ​ 2,339 ​ 198 ​ — ​ — ​ — ​ 159,702 ​ Commercial & industrial ​ 464,067 ​ 2,152 ​ 1,968 ​ — ​ 22 ​ — ​ 468,209 ​ Lease financing receivables ​ 14,040 ​ — ​ — ​ — ​ — ​ — ​ 14,040 ​ Aircraft ​ ​ 9,027 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 9,027 ​ Home equity ​ — ​ — ​ 3,276 ​ — ​ 4 ​ 6 ​ 3,286 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ — ​ — ​ — ​ — ​ — ​ — ​ — ​ Overdrafts ​ — ​ — ​ — ​ — ​ — ​ — ​ — ​ Automobile loans ​ — ​ — ​ 247 ​ — ​ — ​ — ​ 247 ​ Other consumer ​ — ​ — ​ 351 ​ — ​ — ​ 2 ​ 353 ​ Total Traditional Banking ​ ​ 1,930,922 ​ ​ 21,754 ​ ​ 32,889 ​ ​ — ​ ​ 797 ​ ​ 1,289 ​ ​ 1,987,651 ​ Warehouse lines of credit ​ 717,458 ​ — ​ — ​ — ​ — ​ — ​ 717,458 ​ Total Core Banking ​ ​ 2,648,380 ​ ​ 21,754 ​ ​ 32,889 ​ ​ — ​ ​ 797 ​ ​ 1,289 ​ ​ 2,705,109 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ — ​ — ​ — ​ — ​ — ​ — ​ — ​ Other TRS loans ​ ​ — ​ ​ — ​ ​ 53 ​ ​ — ​ ​ — ​ ​ — ​ ​ 53 ​ Republic Credit Solutions ​ — ​ — ​ 355 ​ — ​ — ​ — ​ 355 ​ Total Republic Processing Group ​ ​ — ​ ​ — ​ ​ 408 ​ ​ — ​ ​ — ​ ​ — ​ ​ 408 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total rated loans ​ $ 2,648,380 ​ $ 21,754 ​ $ 33,297 ​ $ — ​ $ 797 ​ $ 1,289 ​ $ 2,705,517 ​ *The above table excludes all non-classified residential real estate, home equity and consumer loans .
Schedule of activity in the allowance for loan and lease losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Rollforward ​ ​ ​ Three Months Ended September 30, ​ ​ ​ 2020 ​ 2019 ​ ​ ​ 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 ​ ​ $ 9,303 ​ $ 330 ​ $ (13) ​ $ 21 ​ $ 9,641 ​ $ 5,213 ​ ​ $ (314) ​ $ (17) ​ $ 121 ​ $ 5,003 Nonowner occupied ​ ​ ​ 2,274 ​ ​ 96 ​ ​ — ​ ​ 7 ​ ​ 2,377 ​ ​ 1,775 ​ ​ ​ 40 ​ ​ — ​ ​ 5 ​ ​ 1,820 Commercial real estate ​ ​ ​ 16,300 ​ ​ 4,663 ​ ​ — ​ ​ — ​ ​ 20,963 ​ ​ 10,566 ​ ​ ​ 1,390 ​ ​ (1,407) ​ ​ — ​ ​ 10,549 Construction & land development ​ ​ ​ 4,940 ​ ​ (341) ​ ​ — ​ ​ — ​ ​ 4,599 ​ ​ 2,910 ​ ​ ​ (93) ​ ​ — ​ ​ — ​ ​ 2,817 Commercial & industrial ​ ​ ​ 2,405 ​ ​ 654 ​ ​ (255) ​ ​ 80 ​ ​ 2,884 ​ ​ 4,221 ​ ​ ​ 155 ​ ​ — ​ ​ 1 ​ ​ 4,377 Paycheck Protection Program ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — Lease financing receivables ​ ​ ​ 125 ​ ​ (8) ​ ​ — ​ ​ — ​ ​ 117 ​ ​ 181 ​ ​ ​ (25) ​ ​ — ​ ​ — ​ ​ 156 Aircraft ​ ​ ​ 208 ​ ​ 11 ​ ​ — ​ ​ — ​ ​ 219 ​ ​ 125 ​ ​ ​ 22 ​ ​ — ​ ​ — ​ ​ 147 Home equity ​ ​ ​ 5,124 ​ ​ (7) ​ ​ (14) ​ ​ 21 ​ ​ 5,124 ​ ​ 3,124 ​ ​ ​ (102) ​ ​ — ​ ​ 23 ​ ​ 3,045 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 928 ​ ​ 36 ​ ​ (29) ​ ​ 7 ​ ​ 942 ​ ​ 1,028 ​ ​ ​ 54 ​ ​ (77) ​ ​ 18 ​ ​ 1,023 Overdrafts ​ ​ ​ 488 ​ ​ 324 ​ ​ (157) ​ ​ 50 ​ ​ 705 ​ ​ 894 ​ ​ ​ 491 ​ ​ (363) ​ ​ 53 ​ ​ 1,075 Automobile loans ​ ​ ​ 473 ​ ​ (67) ​ ​ — ​ ​ — ​ ​ 406 ​ ​ 708 ​ ​ ​ (32) ​ ​ (23) ​ ​ — ​ ​ 653 Other consumer ​ ​ ​ 609 ​ ​ 92 ​ ​ (41) ​ ​ 20 ​ ​ 680 ​ ​ 424 ​ ​ ​ (31) ​ ​ (84) ​ ​ 79 ​ ​ 388 Total Traditional Banking ​ ​ ​ 43,177 ​ ​ 5,783 ​ ​ (509) ​ ​ 206 ​ ​ 48,657 ​ ​ 31,169 ​ ​ ​ 1,555 ​ ​ (1,971) ​ ​ 300 ​ ​ 31,053 Warehouse lines of credit ​ ​ ​ 2,575 ​ ​ (3) ​ ​ — ​ ​ — ​ ​ 2,572 ​ ​ 1,814 ​ ​ ​ 620 ​ ​ — ​ ​ — ​ ​ 2,434 Total Core Banking ​ ​ ​ 45,752 ​ ​ 5,780 ​ ​ (509) ​ ​ 206 ​ ​ 51,229 ​ ​ 32,983 ​ ​ ​ 2,175 ​ ​ (1,971) ​ ​ 300 ​ ​ 33,487 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ ​ — ​ ​ (4,294) ​ ​ — ​ ​ 4,294 ​ ​ — ​ ​ — ​ ​ ​ (2,098) ​ ​ — ​ ​ 2,098 ​ ​ — Other TRS loans ​ ​ ​ 211 ​ ​ (48) ​ ​ (22) ​ ​ — ​ ​ 141 ​ ​ 232 ​ ​ ​ 90 ​ ​ (90) ​ ​ 2 ​ ​ 234 Republic Credit Solutions ​ ​ ​ 9,134 ​ ​ (12) ​ ​ (684) ​ ​ 83 ​ ​ 8,521 ​ ​ 12,768 ​ ​ ​ 2,986 ​ ​ (2,799) ​ ​ 256 ​ ​ 13,211 Total Republic Processing Group ​ ​ ​ 9,345 ​ ​ (4,354) ​ ​ (706) ​ ​ 4,377 ​ ​ 8,662 ​ ​ 13,000 ​ ​ ​ 978 ​ ​ (2,889) ​ ​ 2,356 ​ ​ 13,445 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 55,097 ​ $ 1,426 ​ $ (1,215) ​ $ 4,583 ​ $ 59,891 ​ $ 45,983 ​ ​ $ 3,153 ​ $ (4,860) ​ $ 2,656 ​ $ 46,932 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Rollforward ​ ​ ​ Nine Months Ended September 30, ​ ​ ​ 2020 ​ ​ 2019 ​ ​ ​ Beginning ​ ASC 326 ​ ​ ​ Charge- ​ ​ ​ Ending ​ ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ ​ $ 4,729 ​ $ 4,199 ​ $ 648 ​ $ (40) ​ $ 105 ​ $ 9,641 ​ ​ $ 6,035 ​ $ (1,011) ​ $ (401) ​ $ 380 ​ $ 5,003 Nonowner occupied ​ ​ ​ 1,737 ​ ​ 148 ​ ​ 481 ​ ​ — ​ ​ 11 ​ ​ 2,377 ​ ​ ​ 1,662 ​ ​ 218 ​ ​ (73) ​ ​ 13 ​ ​ 1,820 Commercial real estate ​ ​ ​ 10,486 ​ ​ 273 ​ ​ 10,002 ​ ​ (270) ​ ​ 472 ​ ​ 20,963 ​ ​ ​ 10,030 ​ ​ 1,922 ​ ​ (1,407) ​ ​ 4 ​ ​ 10,549 Construction & land development ​ ​ ​ 2,152 ​ ​ 1,447 ​ ​ 1,000 ​ ​ — ​ ​ — ​ ​ 4,599 ​ ​ ​ 2,555 ​ ​ 262 ​ ​ — ​ ​ — ​ ​ 2,817 Commercial & industrial ​ ​ ​ 2,882 ​ ​ (1,318) ​ ​ 1,643 ​ ​ (447) ​ ​ 124 ​ ​ 2,884 ​ ​ ​ 2,873 ​ ​ 1,498 ​ ​ — ​ ​ 6 ​ ​ 4,377 Paycheck Protection Program ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ Lease financing receivables ​ ​ ​ 147 ​ ​ — ​ ​ (30) ​ ​ — ​ ​ — ​ ​ 117 ​ ​ ​ 158 ​ ​ (2) ​ ​ — ​ ​ — ​ ​ 156 Aircraft ​ ​ ​ 176 ​ ​ — ​ ​ 43 ​ ​ — ​ ​ — ​ ​ 219 ​ ​ ​ 91 ​ ​ 56 ​ ​ — ​ ​ — ​ ​ 147 Home equity ​ ​ ​ 2,721 ​ ​ 1,652 ​ ​ 657 ​ ​ (14) ​ ​ 108 ​ ​ 5,124 ​ ​ ​ 3,477 ​ ​ (480) ​ ​ (13) ​ ​ 61 ​ ​ 3,045 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 1,020 ​ ​ 33 ​ ​ 74 ​ ​ (206) ​ ​ 21 ​ ​ 942 ​ ​ ​ 1,140 ​ ​ 133 ​ ​ (303) ​ ​ 53 ​ ​ 1,023 Overdrafts ​ ​ ​ 1,169 ​ ​ — ​ ​ 13 ​ ​ (660) ​ ​ 183 ​ ​ 705 ​ ​ ​ 1,102 ​ ​ 760 ​ ​ (956) ​ ​ 169 ​ ​ 1,075 Automobile loans ​ ​ ​ 612 ​ ​ (7) ​ ​ (220) ​ ​ (8) ​ ​ 29 ​ ​ 406 ​ ​ ​ 724 ​ ​ (55) ​ ​ (23) ​ ​ 7 ​ ​ 653 Other consumer ​ ​ ​ 374 ​ ​ 307 ​ ​ (81) ​ ​ (86) ​ ​ 166 ​ ​ 680 ​ ​ ​ 500 ​ ​ (130) ​ ​ (198) ​ ​ 216 ​ ​ 388 Total Traditional Banking ​ ​ ​ 28,205 ​ ​ 6,734 ​ ​ 14,230 ​ ​ (1,731) ​ ​ 1,219 ​ ​ 48,657 ​ ​ ​ 30,347 ​ ​ 3,171 ​ ​ (3,374) ​ ​ 909 ​ ​ 31,053 Warehouse lines of credit ​ ​ ​ 1,794 ​ ​ — ​ ​ 778 ​ ​ — ​ ​ — ​ ​ 2,572 ​ ​ ​ 1,172 ​ ​ 1,262 ​ ​ — ​ ​ — ​ ​ 2,434 Total Core Banking ​ ​ ​ 29,999 ​ ​ 6,734 ​ ​ 15,008 ​ ​ (1,731) ​ ​ 1,219 ​ ​ 51,229 ​ ​ ​ 31,519 ​ ​ 4,433 ​ ​ (3,374) ​ ​ 909 ​ ​ 33,487 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ ​ — ​ ​ — ​ ​ 15,239 ​ ​ (19,575) ​ ​ 4,336 ​ ​ — ​ ​ ​ — ​ ​ 11,322 ​ ​ (13,425) ​ ​ 2,103 ​ ​ — Other TRS loans ​ ​ ​ 234 ​ ​ — ​ ​ — ​ ​ (94) ​ ​ 1 ​ ​ 141 ​ ​ ​ 107 ​ ​ 496 ​ ​ (371) ​ ​ 2 ​ ​ 234 Republic Credit Solutions ​ ​ ​ 13,118 ​ ​ — ​ ​ 251 ​ ​ (5,401) ​ ​ 553 ​ ​ 8,521 ​ ​ ​ 13,049 ​ ​ 8,593 ​ ​ (9,306) ​ ​ 875 ​ ​ 13,211 Total Republic Processing Group ​ ​ ​ 13,352 ​ ​ — ​ ​ 15,490 ​ ​ (25,070) ​ ​ 4,890 ​ ​ 8,662 ​ ​ ​ 13,156 ​ ​ 20,411 ​ ​ (23,102) ​ ​ 2,980 ​ ​ 13,445 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 43,351 ​ $ 6,734 ​ $ 30,498 ​ $ (26,801) ​ $ 6,109 ​ $ 59,891 ​ ​ $ 44,675 ​ $ 24,844 ​ $ (26,476) ​ $ 3,889 ​ $ 46,932 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of non-performing loans and non-performing assets and select credit quality ratios	​ ​ ​ ​ ​ ​ ​ ​ ​ (dollars in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Loans on nonaccrual status* ​ $ 20,910 ​ $ 23,332 ​ Loans past due 90-days-or-more and still on accrual** ​ 175 ​ 157 ​ Total nonperforming loans ​ 21,085 ​ 23,489 ​ Other real estate owned ​ 2,056 ​ 113 ​ Total nonperforming assets ​ $ 23,141 ​ $ 23,602 ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Quality Ratios - Total Company: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonperforming loans to total loans ​ 0.42 % 0.53 % Nonperforming assets to total loans (including OREO) ​ 0.46 ​ 0.53 ​ Nonperforming assets to total assets ​ 0.37 ​ 0.42 ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Quality Ratios - Core Bank: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonperforming loans to total loans ​ 0.43 % 0.54 % Nonperforming assets to total loans (including OREO) ​ 0.47 ​ 0.54 ​ Nonperforming assets to total assets ​ 0.39 ​ 0.43 ​ * Loans on nonaccrual status include collateral-dependent 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	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Past Due 90-Days-or-More ​ ​ ​ Nonaccrual ​ ​ and Still Accruing Interest* ​ (in thousands) September 30, 2020 December 31, 2019 September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 14,682 ​ $ 12,220 ​ ​ $ — ​ $ — ​ Nonowner occupied ​ 116 ​ 623 ​ ​ — ​ — ​ Commercial real estate ​ 3,206 ​ 6,865 ​ ​ — ​ — ​ Construction & land development ​ — ​ 143 ​ ​ — ​ — ​ Commercial & industrial ​ 522 ​ 1,424 ​ ​ — ​ — ​ Paycheck Protection Program ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ Lease financing receivables ​ — ​ — ​ ​ — ​ — ​ Aircraft ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ Home equity ​ 2,210 ​ 1,865 ​ ​ — ​ — ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ — ​ — ​ ​ — ​ — ​ Overdrafts ​ — ​ — ​ ​ — ​ — ​ Automobile loans ​ 161 ​ 179 ​ ​ — ​ — ​ Other consumer ​ 13 ​ 13 ​ ​ — ​ — ​ Total Traditional Banking ​ ​ 20,910 ​ ​ 23,332 ​ ​ ​ — ​ ​ — ​ Warehouse lines of credit ​ — ​ — ​ ​ — ​ — ​ Total Core Banking ​ ​ 20,910 ​ ​ 23,332 ​ ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ Other TRS loans ​ — ​ — ​ ​ 140 ​ 53 ​ Republic Credit Solutions ​ ​ — ​ ​ — ​ ​ ​ 35 ​ ​ 104 ​ Total Republic Processing Group ​ ​ — ​ ​ — ​ ​ ​ 175 ​ ​ 157 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 20,910 ​ $ 23,332 ​ ​ $ 175 ​ $ 157 ​ * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ As of September 30, 2020 ​ September 30, 2020 ​ September 30, 2020 ​ Nonaccrual Nonaccrual Total Interest Income Interest Income ​ ​ Loans with ​ Loans without ​ Nonaccrual ​ Recognized ​ Recognized (in thousands) ​ ACLL ​ ACLL ​ Loans ​ on Nonaccrual Loans* ​ on Nonaccrual Loans* ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 2,670 ​ $ 12,012 ​ $ 14,682 ​ $ 252 ​ $ 649 Nonowner occupied ​ — ​ ​ 116 ​ ​ 116 ​ ​ 2 ​ ​ 6 Commercial real estate ​ 328 ​ ​ 2,878 ​ ​ 3,206 ​ ​ 17 ​ ​ 854 Construction & land development ​ — ​ ​ — ​ ​ — ​ ​ 7 ​ ​ 7 Commercial & industrial ​ — ​ ​ 522 ​ ​ 522 ​ ​ 7 ​ ​ 16 Paycheck Protection Program ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Lease financing receivables ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Home equity ​ 147 ​ ​ 2,063 ​ ​ 2,210 ​ ​ 29 ​ ​ 81 Consumer ​ ​ 94 ​ ​ 80 ​ ​ 174 ​ ​ 3 ​ ​ 9 Total ​ $ 3,239 ​ $ 17,671 ​ $ 20,910 ​ $ 317 ​ $ 1,622 * Includes interest income for loans on nonaccrual as of the beginning of the period that were paid off during the period. ​
Schedule of aging of the recorded investment in loans by class of loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30 - 59 60 - 89 90 or More ​ ​ ​ September 30, 2020 Days ​ Days ​ Days ​ Total ​ Total ​ ​ ​ (dollars in thousands) ​ Delinquent ​ Delinquent ​ Delinquent* ​ Delinquent** ​ Current ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 621 ​ $ 497 ​ $ 2,376 ​ $ 3,494 ​ $ 881,517 ​ $ 885,011 ​ Nonowner occupied ​ — ​ — ​ — ​ — ​ 256,319 ​ 256,319 ​ Commercial real estate ​ 2,739 ​ — ​ 2,878 ​ 5,617 ​ 1,303,250 ​ 1,308,867 ​ Construction & land development ​ — ​ — ​ — ​ — ​ 142,465 ​ 142,465 ​ Commercial & industrial ​ — ​ — ​ 488 ​ 488 ​ 337,437 ​ 337,925 ​ Paycheck Protection Program ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 514,550 ​ ​ 514,550 ​ Lease financing receivables ​ — ​ — ​ — ​ — ​ 11,204 ​ 11,204 ​ Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 87,555 ​ ​ 87,555 ​ Home equity ​ 270 ​ — ​ 826 ​ 1,096 ​ 251,743 ​ 252,839 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 62 ​ 63 ​ — ​ 125 ​ 14,248 ​ 14,373 ​ Overdrafts ​ 141 ​ — ​ — ​ 141 ​ 564 ​ 705 ​ Automobile loans ​ 68 ​ — ​ 26 ​ 94 ​ 35,589 ​ 35,683 ​ Other consumer ​ 8 ​ 6 ​ — ​ 14 ​ 8,994 ​ 9,008 ​ Total Traditional Banking ​ ​ 3,909 ​ ​ 566 ​ ​ 6,594 ​ ​ 11,069 ​ ​ 3,845,435 ​ ​ 3,856,504 ​ Warehouse lines of credit ​ — ​ — ​ — ​ — ​ 1,028,675 ​ 1,028,675 ​ Total Core Banking ​ ​ 3,909 ​ ​ 566 ​ ​ 6,594 ​ ​ 11,069 ​ ​ 4,874,110 ​ ​ 4,885,179 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ — ​ — ​ — ​ — ​ — ​ Other TRS loans ​ — ​ — ​ 140 ​ 140 ​ 93 ​ 233 ​ Republic Credit Solutions ​ ​ 4,459 ​ 1,350 ​ 35 ​ 5,844 ​ 103,118 ​ 108,962 ​ Total Republic Processing Group ​ ​ 4,459 ​ ​ 1,350 ​ ​ 175 ​ ​ 5,984 ​ ​ 103,211 ​ ​ 109,195 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 8,368 ​ $ 1,916 ​ $ 6,769 ​ $ 17,053 ​ $ 4,977,321 ​ $ 4,994,374 ​ Delinquency ratio*** ​ 0.17 % 0.04 % 0.14 % 0.34 % ​ ​ ​ ​ ​ ​ * 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. *** 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, 2019 Days ​ Days ​ Days ​ Total ​ Total ​ ​ ​ (dollars in thousands) ​ Delinquent ​ Delinquent ​ Delinquent* ​ Delinquent** ​ Current ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 1,460 ​ $ 1,153 ​ $ 1,821 ​ $ 4,434 ​ $ 945,134 ​ $ 949,568 ​ Nonowner occupied ​ — ​ — ​ 539 ​ 539 ​ 258,264 ​ 258,803 ​ Commercial real estate ​ 155 ​ — ​ 3,145 ​ 3,300 ​ 1,299,700 ​ 1,303,000 ​ Construction & land development ​ — ​ — ​ — ​ — ​ 159,702 ​ 159,702 ​ Commercial & industrial ​ 200 ​ 128 ​ 1,027 ​ 1,355 ​ 466,854 ​ 468,209 ​ Lease financing receivables ​ — ​ — ​ — ​ — ​ 14,040 ​ 14,040 ​ Aircraft ​ ​ — ​ — ​ — ​ — ​ 58,941 ​ 58,941 ​ Home equity ​ 1,810 ​ 166 ​ 942 ​ 2,918 ​ 290,268 ​ 293,186 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 80 ​ 75 ​ — ​ 155 ​ 17,681 ​ 17,836 ​ Overdrafts ​ 278 ​ 4 ​ 1 ​ 283 ​ 1,239 ​ 1,522 ​ Automobile loans ​ 16 ​ 15 ​ 18 ​ 49 ​ 52,874 ​ 52,923 ​ Other consumer ​ 2 ​ 6 ​ 1 ​ 9 ​ 18,192 ​ 18,201 ​ Total Traditional Banking ​ ​ 4,001 ​ ​ 1,547 ​ ​ 7,494 ​ ​ 13,042 ​ ​ 3,582,889 ​ ​ 3,595,931 ​ Warehouse lines of credit ​ — ​ — ​ — ​ — ​ 717,458 ​ 717,458 ​ Total Core Banking ​ ​ 4,001 ​ ​ 1,547 ​ ​ 7,494 ​ ​ 13,042 ​ ​ 4,300,347 ​ ​ 4,313,389 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ — ​ — ​ — ​ — ​ — ​ Other TRS loans ​ 35 ​ 31 ​ 53 ​ 119 ​ 14,246 ​ 14,365 ​ Republic Credit Solutions ​ ​ 6,054 ​ 1,485 ​ 104 ​ 7,643 ​ 97,754 ​ 105,397 ​ Total Republic Processing Group ​ ​ 6,089 ​ ​ 1,516 ​ ​ 157 ​ ​ 7,762 ​ ​ 112,000 ​ ​ 119,762 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 10,090 ​ $ 3,063 ​ $ 7,651 ​ $ 20,804 ​ $ 4,412,347 ​ $ 4,433,151 ​ Delinquency ratio*** ​ 0.23 % 0.07 % 0.17 % 0.47 % ​ ​ ​ ​ ​ ​ * 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 amortized cost basis of collateral-dependent loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Secured Secured ​ September 30, 2020 ​ by Real ​ by Personal ​ (dollars in thousands) ​ Estate ​ Property ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 17,628 ​ $ — ​ Nonowner occupied ​ 756 ​ — ​ Commercial real estate ​ 10,884 ​ — ​ Construction & land development ​ 134 ​ — ​ Commercial & industrial ​ — ​ 1,906 ​ Paycheck Protection Program ​ ​ — ​ ​ — ​ Lease financing receivables ​ — ​ — ​ Aircraft ​ ​ — ​ — ​ Home equity ​ 2,945 ​ — ​ Consumer ​ ​ — ​ 532 ​ Total Traditional Banking ​ $ 32,347 ​ $ 2,438 ​
Schedule of Bank's impaired loans	​ ​ ​ ​ ​ ​ (in thousands) December 31, 2019 ​ ​ ​ ​ ​ ​ Loans with no allocated ACLL ​ $ 33,061 ​ Loans with allocated ACLL ​ 17,289 ​ Total recorded investment in impaired loans ​ $ 50,350 ​ ​ ​ ​ ​ ​ Amount of ACLL allocated ​ $ 2,512 ​
Schedule of balance in the Allowance and the recorded investment in loans by portfolio class based on impairment method	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for Credit Losses on Loans ​ Loans ​ ​ ​ ​ ​ Individually ​ PCI with ​ Individually ​ PCI with PCI without ​ ​ ​ ​ December 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 ​ $ 1,207 ​ $ 3,337 ​ $ 185 ​ $ 4,729 $ 25,384 ​ $ 922,764 ​ $ 1,420 ​ $ — ​ $ 949,568 ​ ​ 0.50 % Nonowner occupied ​ — ​ 1,737 ​ — ​ ​ 1,737 1,448 ​ 257,355 ​ — ​ — ​ ​ 258,803 ​ ​ 0.67 ​ Commercial real estate ​ 426 ​ 10,054 ​ 6 ​ ​ 10,486 15,144 ​ 1,287,225 ​ 631 ​ — ​ ​ 1,303,000 ​ ​ 0.80 ​ Construction & land development ​ — ​ 2,152 ​ — ​ ​ 2,152 198 ​ 159,504 ​ — ​ — ​ ​ 159,702 ​ ​ 1.35 ​ Commercial & industrial ​ 22 ​ 2,860 ​ — ​ ​ 2,882 1,989 ​ 466,198 ​ — ​ 22 ​ ​ 468,209 ​ ​ 0.62 ​ Lease financing receivables ​ — ​ 147 ​ — ​ ​ 147 — ​ 14,040 ​ — ​ — ​ ​ 14,040 ​ ​ 1.05 ​ Aircraft ​ ​ — ​ ​ 176 ​ ​ — ​ ​ 176 ​ ​ — ​ ​ 58,941 ​ ​ — ​ ​ — ​ ​ 58,941 ​ ​ 0.30 ​ Home equity ​ 174 ​ 2,547 ​ — ​ ​ 2,721 3,276 ​ 289,900 ​ 10 ​ — ​ ​ 293,186 ​ ​ 0.93 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ — ​ 1,020 ​ — ​ ​ 1,020 — ​ 17,836 ​ — ​ — ​ ​ 17,836 ​ ​ 5.72 ​ Overdrafts ​ — ​ 1,169 ​ — ​ ​ 1,169 — ​ 1,522 ​ — ​ — ​ ​ 1,522 ​ ​ 76.81 ​ Automobile loans ​ 43 ​ 569 ​ — ​ ​ 612 247 ​ 52,676 ​ — ​ — ​ ​ 52,923 ​ ​ 1.16 ​ Other consumer ​ 333 ​ 41 ​ — ​ ​ 374 350 ​ 17,848 ​ 2 ​ 1 ​ ​ 18,201 ​ ​ 2.05 ​ Total Traditional Banking ​ ​ 2,205 ​ ​ 25,809 ​ ​ 191 ​ ​ 28,205 ​ 48,036 ​ ​ 3,545,809 ​ ​ 2,063 ​ ​ 23 ​ ​ 3,595,931 ​ ​ 0.78 ​ Warehouse lines of credit ​ — ​ 1,794 ​ — ​ ​ 1,794 — ​ 717,458 ​ — ​ — ​ ​ 717,458 ​ ​ 0.25 ​ Total Core Banking ​ ​ 2,205 ​ ​ 27,603 ​ ​ 191 ​ ​ 29,999 ​ 48,036 ​ ​ 4,263,267 ​ ​ 2,063 ​ ​ 23 ​ ​ 4,313,389 ​ ​ 0.70 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Other TRS loans ​ ​ — ​ ​ 234 ​ ​ — ​ ​ 234 ​ — ​ ​ 14,365 ​ ​ — ​ ​ — ​ ​ 14,365 ​ ​ 1.63 ​ Republic Credit Solutions ​ ​ 116 ​ ​ 13,002 ​ ​ — ​ ​ 13,118 ​ 251 ​ ​ 105,146 ​ ​ — ​ ​ — ​ ​ 105,397 ​ ​ 12.45 ​ Total Republic Processing Group ​ ​ 116 ​ ​ 13,236 ​ ​ — ​ ​ 13,352 ​ 251 ​ ​ 119,511 ​ ​ — ​ ​ — ​ ​ 119,762 ​ ​ 11.15 ​ Total ​ $ 2,321 ​ $ 40,839 ​ $ 191 ​ $ 43,351 $ 48,287 ​ $ 4,382,778 ​ $ 2,063 ​ $ 23 ​ $ 4,433,151 ​ ​ 0.98 %
Schedule of loans individually evaluated for impairment by class of loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ December 31, 2019 ​ September 30, 2019 ​ September 30, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash Basis ​ ​ ​ ​ ​ ​ ​ Cash Basis ​ ​ Unpaid ​ ​ Average Interest Interest Average Interest Interest ​ ​ Principal ​ Recorded ​ Allocated ​ Recorded ​ Income ​ Income ​ Recorded ​ Income ​ Income ​ (in thousands) ​ Balance ​ Investment ​ ACLL ​ Investment ​ Recognized ​ Recognized ​ Investment ​ Recognized ​ Recognized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans with no allocated ACLL: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 14,768 ​ $ 13,893 ​ $ — ​ $ 13,244 ​ $ 60 ​ $ — ​ $ 11,952 ​ $ 169 ​ $ — ​ Nonowner occupied ​ 1,515 ​ ​ 1,448 ​ ​ — ​ ​ 1,226 ​ ​ 28 ​ ​ — ​ ​ 1,651 ​ ​ 72 ​ ​ — ​ Commercial real estate ​ 15,028 ​ ​ 12,547 ​ ​ — ​ ​ 7,078 ​ ​ 98 ​ ​ — ​ ​ 5,529 ​ ​ 221 ​ ​ — ​ Construction & land development ​ 198 ​ ​ 198 ​ ​ — ​ ​ 30 ​ ​ — ​ ​ — ​ ​ 15 ​ ​ — ​ ​ — ​ Commercial & industrial ​ 3,308 ​ ​ 1,792 ​ ​ — ​ ​ 614 ​ ​ 2 ​ ​ — ​ ​ 616 ​ ​ 3 ​ ​ — ​ Lease financing receivables ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Home equity ​ 3,107 ​ ​ 3,023 ​ ​ — ​ ​ 2,127 ​ ​ 17 ​ ​ — ​ ​ 1,603 ​ ​ 46 ​ ​ — ​ Consumer ​ ​ 206 ​ ​ 160 ​ ​ — ​ ​ 59 ​ ​ 1 ​ ​ — ​ ​ 45 ​ ​ 3 ​ ​ — ​ Impaired loans with allocated ACLL: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ 12,954 ​ ​ 12,911 ​ ​ 1,392 ​ ​ 12,795 ​ ​ 136 ​ ​ — ​ ​ 14,547 ​ ​ 401 ​ ​ — ​ Nonowner occupied ​ — ​ ​ — ​ ​ — ​ ​ 216 ​ ​ — ​ ​ — ​ ​ 122 ​ ​ — ​ ​ — ​ Commercial real estate ​ 3,228 ​ ​ 3,228 ​ ​ 432 ​ ​ 3,484 ​ ​ 38 ​ ​ — ​ ​ 3,921 ​ ​ 116 ​ ​ — ​ Construction & land development ​ — ​ ​ — ​ ​ — ​ ​ 29 ​ ​ 1 ​ ​ — ​ ​ 47 ​ ​ 2 ​ ​ — ​ Commercial & industrial ​ 197 ​ ​ 197 ​ ​ 22 ​ ​ 3,773 ​ ​ 3 ​ ​ — ​ ​ 2,108 ​ ​ 7 ​ ​ — ​ Lease financing receivables ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Home equity ​ 263 ​ ​ 263 ​ ​ 174 ​ ​ 448 ​ ​ 2 ​ ​ — ​ ​ 494 ​ ​ 6 ​ ​ — ​ Consumer ​ ​ 701 ​ ​ 690 ​ ​ 492 ​ ​ 472 ​ ​ 4 ​ ​ — ​ ​ 508 ​ ​ 13 ​ ​ — ​ Total impaired loans ​ $ 55,473 ​ $ 50,350 ​ $ 2,512 ​ $ 45,595 ​ $ 390 ​ $ — ​ $ 43,158 ​ $ 1,059 ​ $ — ​
Schedule of TDRs differentiated by loan type and accrual status	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Troubled Debt Troubled Debt Total ​ ​ Restructurings on ​ Restructurings on ​ Troubled Debt ​ ​ Nonaccrual Status ​ Accrual Status ​ Restructurings ​ Number of Recorded Number of Recorded Number of Recorded September 30, 2020 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ Residential real estate ​ 65 ​ $ 5,231 ​ 125 ​ $ 12,151 ​ 190 ​ $ 17,382 ​ Commercial real estate ​ 2 ​ ​ 271 ​ 5 ​ ​ 5,859 ​ 7 ​ 6,130 ​ Construction & land development ​ — ​ ​ — ​ 1 ​ ​ 47 ​ 1 ​ 47 ​ Commercial & industrial ​ — ​ ​ — ​ 2 ​ ​ 21 ​ 2 ​ 21 ​ Consumer ​ 1 ​ ​ 15 ​ 2,087 ​ ​ 573 ​ 2,088 ​ ​ 588 ​ Total troubled debt restructurings ​ 68 ​ $ 5,517 ​ 2,220 ​ $ 18,651 ​ 2,288 ​ $ 24,168 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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, 2019 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ Residential real estate ​ 53 ​ $ 4,402 ​ 141 ​ $ 15,368 ​ 194 ​ $ 19,770 ​ Commercial real estate ​ 4 ​ 4,040 ​ 9 ​ 4,885 ​ 13 ​ 8,925 ​ Construction & land development ​ — ​ — ​ 1 ​ 54 ​ 1 ​ 54 ​ Commercial & industrial ​ 4 ​ 1,424 ​ 3 ​ 22 ​ 7 ​ 1,446 ​ Consumer ​ — ​ ​ — ​ 1,613 ​ ​ 586 ​ 1,613 ​ ​ 586 ​ Total troubled debt restructurings ​ 61 ​ $ 9,866 ​ 1,767 ​ $ 20,915 ​ 1,828 ​ $ 30,781 ​
Schedule of categories of TDR loan modifications outstanding and respective performance under modified terms	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Troubled Debt Troubled Debt ​ ​ ​ ​ ​ Restructurings ​ Restructurings ​ Total ​ ​ Performing to ​ Not Performing to ​ Troubled Debt ​ ​ Modified Terms ​ Modified Terms ​ Restructurings ​ Number of Recorded Number of Recorded Number of Recorded September 30, 2020 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate loans (including home equity loans): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest only payments ​ 1 ​ $ 841 ​ — ​ $ — ​ 1 ​ $ 841 ​ Rate reduction ​ 110 ​ 11,253 ​ 3 ​ 259 ​ 113 ​ 11,512 ​ Principal deferral ​ 9 ​ 869 ​ 2 ​ 166 ​ 11 ​ 1,035 ​ Legal modification ​ 57 ​ 3,387 ​ 8 ​ 607 ​ 65 ​ 3,994 ​ Total residential TDRs ​ 177 ​ 16,350 ​ 13 ​ 1,032 ​ 190 ​ 17,382 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial related and construction/land development loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest only payments ​ 1 ​ 502 ​ — ​ — ​ 1 ​ 502 ​ Rate reduction ​ 2 ​ 1,055 ​ 1 ​ 45 ​ 3 ​ 1,100 ​ Principal deferral ​ 4 ​ 1,631 ​ 2 ​ 2,965 ​ 6 ​ 4,596 ​ Legal modification ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — ​ Total commercial TDRs ​ 7 ​ 3,188 ​ 3 ​ 3,010 ​ 10 ​ 6,198 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 2,086 ​ ​ 565 ​ — ​ — ​ 2,086 ​ 565 ​ Legal modification ​ 2 ​ ​ 23 ​ — ​ ​ — ​ 2 ​ 23 ​ Total consumer TDRs ​ 2,088 ​ 588 ​ — ​ — ​ 2,088 ​ 588 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total troubled debt restructurings ​ 2,272 ​ $ 20,126 ​ 16 ​ $ 4,042 ​ 2,288 ​ $ 24,168 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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, 2019 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate loans (including home equity loans): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest only payments ​ 1 ​ $ 904 ​ — ​ $ — ​ 1 ​ $ 904 ​ Rate reduction ​ 118 ​ 13,847 ​ 5 ​ 352 ​ 123 ​ 14,199 ​ Principal deferral ​ 8 ​ 845 ​ 2 ​ 179 ​ 10 ​ 1,024 ​ Legal modification ​ 54 ​ 3,200 ​ 6 ​ 443 ​ 60 ​ 3,643 ​ Total residential TDRs ​ 181 ​ 18,796 ​ 13 ​ 974 ​ 194 ​ 19,770 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial related and construction/land development loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest only payments ​ 3 ​ 1,568 ​ — ​ — ​ 3 ​ 1,568 ​ Rate reduction ​ 3 ​ 1,207 ​ 1 ​ 45 ​ 4 ​ 1,252 ​ Principal deferral ​ 11 ​ 5,981 ​ 1 ​ 597 ​ 12 ​ 6,578 ​ Legal modification ​ — ​ ​ — ​ 2 ​ ​ 1,027 ​ 2 ​ ​ 1,027 ​ Total commercial TDRs ​ 17 ​ 8,756 ​ 4 ​ 1,669 ​ 21 ​ 10,425 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 1,612 ​ ​ 577 ​ — ​ — ​ 1,612 ​ 577 ​ Legal modification ​ 1 ​ ​ 9 ​ — ​ ​ — ​ 1 ​ 9 ​ Total consumer TDRs ​ 1,613 ​ 586 ​ — ​ — ​ 1,613 ​ 586 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total troubled debt restructurings ​ 1,811 ​ $ 28,138 ​ 17 ​ $ 2,643 ​ 1,828 ​ $ 30,781 ​
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 September 30, 2020 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate loans (including home equity loans): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 2 ​ $ 54 ​ 1 ​ $ 4 ​ 3 ​ $ 58 ​ Legal modification ​ 4 ​ ​ 152 ​ 1 ​ ​ 20 ​ 5 ​ ​ 172 ​ Total residential TDRs ​ 6 ​ ​ 206 ​ 2 ​ ​ 24 ​ 8 ​ ​ 230 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 221 ​ 29 ​ — ​ — ​ 221 ​ 29 ​ Legal modification ​ 1 ​ 15 ​ — ​ — ​ 1 ​ 15 ​ Total consumer TDRs ​ 222 ​ 44 ​ — ​ — ​ 222 ​ 44 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total troubled debt restructurings ​ 228 ​ $ 250 ​ 2 ​ $ 24 ​ 230 ​ $ 274 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Troubled Debt Troubled Debt ​ ​ ​ ​ ​ Restructurings ​ Restructurings ​ Total ​ ​ Performing to ​ Not Performing to ​ Troubled Debt ​ ​ Modified Terms ​ Modified Terms ​ Restructurings ​ Number of Recorded Number of Recorded Number of Recorded September 30, 2019 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate loans (including home equity loans): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ — ​ $ — ​ — ​ $ — ​ — ​ $ — ​ Legal modification ​ 5 ​ $ 677 ​ 4 ​ $ 315 ​ 9 ​ $ 992 ​ Total residential TDRs ​ 5 ​ 677 ​ 4 ​ 315 ​ 9 ​ 992 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Legal modification ​ 1 ​ 10 ​ 1 ​ 2 ​ 2 ​ 12 ​ Total consumer TDRs ​ 1 ​ 10 ​ 1 ​ 2 ​ 2 ​ 12 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total troubled debt restructurings ​ 6 ​ $ 687 ​ 5 ​ $ 317 ​ 11 ​ $ 1,004 ​ ​ 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. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Troubled Debt Troubled Debt ​ ​ ​ ​ ​ Restructurings ​ Restructurings ​ Total ​ ​ Performing to ​ Not Performing to ​ Troubled Debt ​ ​ Modified Terms ​ Modified Terms ​ Restructurings ​ Number of Recorded Number of Recorded Number of Recorded September 30, 2020 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate loans (including home equity loans): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate reduction ​ 2 ​ $ 54 ​ 1 ​ $ 4 ​ 3 ​ $ 58 ​ Legal modification ​ 11 ​ ​ 429 ​ 2 ​ ​ 128 ​ 13 ​ $ 557 ​ Total residential TDRs ​ 13 ​ 483 ​ 3 ​ 132 ​ 16 ​ 615 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial related and construction/land development loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 1 ​ 21 ​ — ​ — ​ 1 ​ 21 ​ Total commercial TDRs ​ 1 ​ 21 ​ — ​ — ​ 1 ​ 21 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 1,492 ​ 183 ​ — ​ — ​ 1,492 ​ 183 ​ Legal modification ​ 1 ​ 15 ​ — ​ — ​ 1 ​ 15 ​ Total consumer TDRs ​ 1,493 ​ 198 ​ — ​ — ​ 1,493 ​ 198 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total troubled debt restructurings ​ 1,507 ​ $ 702 ​ 3 ​ $ 132 ​ 1,510 ​ $ 834 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Troubled Debt Troubled Debt ​ ​ ​ ​ ​ Restructurings ​ Restructurings ​ Total ​ ​ Performing to ​ Not Performing to ​ Troubled Debt ​ ​ Modified Terms ​ Modified Terms ​ Restructurings ​ Number of Recorded Number of Recorded Number of Recorded September 30, 2019 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate loans (including home equity loans): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate reduction ​ 1 ​ $ 371 ​ — ​ $ — ​ 1 ​ $ 371 ​ Principal deferral ​ 1 ​ ​ 4 ​ — ​ ​ — ​ 1 ​ ​ 4 ​ Legal modification ​ 24 ​ 2,055 ​ 9 ​ 701 ​ 33 ​ 2,756 ​ Total residential TDRs ​ 26 ​ 2,430 ​ 9 ​ 701 ​ 35 ​ 3,131 ​ Commercial related and construction/land development loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest only payments ​ 1 ​ 553 ​ — ​ — ​ 1 ​ 553 ​ Principal deferral ​ 2 ​ 25 ​ — ​ — ​ 2 ​ 25 ​ Legal modification ​ — ​ ​ — ​ 2 ​ ​ 2,572 ​ 2 ​ 2,572 ​ Total commercial TDRs ​ 3 ​ 578 ​ 2 ​ 2,572 ​ 5 ​ 3,150 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 1 ​ 10 ​ 1 ​ 2 ​ 2 ​ 12 ​ Legal modification ​ — ​ — ​ — ​ — ​ — ​ — ​ Total consumer TDRs ​ 1 ​ 10 ​ 1 ​ 2 ​ 2 ​ 12 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total troubled debt restructurings ​ 30 ​ $ 3,018 ​ 12 ​ $ 3,275 ​ 42 ​ $ 6,293 ​ The tables above are inclusive of loans that were TDRs at the end of previous periods and were re-modified, e.g., a maturity date extension during the current period.
Schedule of loans by class modified as troubled debt restructurings within the previous twelve months for which there was a payment default	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ ​ ​ 2020 ​ 2019 ​ 2020 ​ 2019 ​ ​ ​ Recorded Number of Recorded Number of Recorded Number of Recorded ​ (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment Loans ​ Investment Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied 3 ​ $ 163 ​ 1 ​ $ 46 ​ 5 ​ $ 269 ​ 4 ​ $ 249 ​ Commercial real estate 2 ​ 2,964 ​ — ​ — ​ 2 ​ 2,964 ​ 1 ​ 553 ​ Commercial & industrial — ​ — ​ — ​ — ​ — ​ — ​ 2 ​ 2,572 ​ Home equity 1 ​ ​ 20 ​ 2 ​ 143 ​ 2 ​ 33 ​ 3 ​ 147 ​ Consumer ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total 6 ​ $ 3,147 ​ 3 ​ $ 189 ​ 9 ​ $ 3,266 ​ 10 ​ $ 3,521 ​
Schedule of carrying amount of foreclosed properties held	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ September 30, 2020 ​ December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate $ 2,056 $ 113 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other real estate owned ​ $ 2,056 $ 113 ​
Schedule of recorded investment in consumer mortgage loans secured by residential real estate properties	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure $ 2,851 $ 2,201 ​
Schedule of Easy Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ Nine Months Ended ​ September 30, ​ September 30, (dollars in thousands) 2020 ​ 2019 ​ 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Easy Advances originated $ — ​ ​ $ — ​ ​ $ 387,762 ​ ​ $ 388,970 ​ Net (credit) charge to the Provision for Easy Advances ​ (4,294) ​ ​ ​ (2,098) ​ ​ ​ 15,239 ​ ​ ​ 11,322 ​ Provision to total Easy Advances originated ​ ​ NA ​ ​ ​ NA ​ ​ ​ ​ 3.93 % ​ ​ 2.91 % Easy Advances net charge-offs (recoveries) $ (4,294) ​ ​ $ (2,098) ​ ​ $ 15,239 ​ ​ $ 11,322 ​ Easy Advances net charge-offs to total Easy Advances originated ​ ​ NA ​ ​ ​ NA ​ ​ ​ ​ 3.93 % ​ ​ 2.91 %
Traditional Banking
Loans and allowance for loan and losses
Schedule of composition of loan portfolio	The following table presents loan balances under COVID-19 accommodations as of June 30, 2020 and a rollforward of accommodated balances through September 30, 2020. Borrowers needing additional accommodation typically receive an additional three-month deferral or forbearance period, but may receive other forms of accommodation based on facts and circumstances. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Jun. 30, 2020 ​ Three Months Ended Sep. 30, 2020 ​ ​ Sep. 30, 2020 COVID-19 Accommodations ​ ​ ​ COVID-19 ​ Additional ​ (Payments) Draws Made ​ ​ Out of Accommodation ​ Still under Accommodation ​ (in thousands) ​ ​ Accm.* ​ ​ Accm. Net (Pay)/Draw (Payoffs) ​ ​ Current Past Due** Single Accm. Multiple Accm. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ ​ $ 51,570 ​ ​ $ 6,780 ​ $ (525) ​ $ (3,751) ​ ​ $ 45,761 ​ $ 51 ​ $ 1,804 ​ $ 6,458 ​ Nonowner occupied ​ ​ 58,754 ​ ​ — ​ (667) ​ (536) ​ ​ 57,551 ​ — ​ — ​ — ​ Commercial real estate ​ ​ ​ 491,314 ​ ​ ​ 3,567 ​ ​ (5,840) ​ ​ (15,939) ​ ​ ​ 467,447 ​ ​ 2,739 ​ ​ 457 ​ ​ 2,459 ​ Commercial & industrial ​ ​ 141,720 ​ ​ — ​ (7,438) ​ (3,842) ​ ​ 118,784 ​ 12 ​ — ​ 11,644 ​ Construction & land development ​ ​ 28,927 ​ ​ — ​ 486 ​ (9,214) ​ ​ 20,199 ​ — ​ — ​ — ​ Lease financing receivables ​ ​ ​ ​ 2,443 ​ ​ ​ — ​ ​ 409 ​ ​ — ​ ​ ​ 2,852 ​ ​ — ​ ​ — ​ ​ — ​ Aircraft ​ ​ ​ ​ 3,215 ​ ​ ​ — ​ ​ — ​ ​ (171) ​ ​ ​ 3,044 ​ ​ — ​ ​ — ​ ​ — ​ Home equity ​ ​ ​ ​ 13,776 ​ ​ ​ 627 ​ ​ (173) ​ ​ (2,835) ​ ​ ​ 11,173 ​ ​ — ​ ​ 187 ​ ​ 35 ​ Consumer ​ ​ ​ 1,463 ​ ​ ​ 58 ​ ​ (134) ​ ​ (58) ​ ​ ​ 1,239 ​ ​ — ​ ​ 41 ​ ​ 49 ​ Total Traditional Banking ​ ​ ​ $ 793,182 ​ ​ $ 11,032 ​ $ (13,882) ​ $ (36,346) ​ ​ $ 728,050 ​ $ 2,802 ​ $ 2,489 ​ $ 20,645 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ *Accm.= Accommodation(s) **Loans 30-days-or-more past due on their contractual payments following exit from their accommodation period.

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Sep. 30, 2020
DEPOSITS
Ending deposit balances	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Core Bank: ​ ​ ​ ​ ​ ​ ​ Demand ​ $ 1,148,683 ​ $ 922,972 ​ Money market accounts ​ 723,798 ​ 793,950 ​ Savings ​ 220,106 ​ 175,588 ​ Individual retirement accounts (1) ​ 50,348 ​ 51,548 ​ Time deposits, $250 and over (1) ​ 99,972 ​ 104,412 ​ Other certificates of deposit (1) ​ 231,586 ​ 248,161 ​ Reciprocal money market and time deposits (1) ​ 291,077 ​ 189,774 ​ Brokered deposits (1) ​ 345,533 ​ 200,072 ​ Total Core Bank interest-bearing deposits ​ 3,111,103 ​ 2,686,477 ​ Total Core Bank noninterest-bearing deposits ​ ​ 1,496,111 ​ ​ 981,164 ​ Total Core Bank deposits ​ ​ 4,607,214 ​ ​ 3,667,641 ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ Money market accounts ​ ​ 4,808 ​ ​ 66,152 ​ Total RPG interest-bearing deposits ​ ​ 4,808 ​ ​ 66,152 ​ ​ ​ ​ ​ ​ ​ ​ ​ Brokered prepaid card deposits ​ ​ 237,514 ​ ​ 9,128 ​ Other noninterest-bearing deposits ​ ​ 142,793 ​ ​ 43,087 ​ Total RPG noninterest-bearing deposits ​ ​ 380,307 ​ ​ 52,215 ​ Total RPG deposits ​ ​ 385,115 ​ ​ 118,367 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total deposits ​ $ 4,992,329 ​ $ 3,786,008 ​ (1) Includes time deposits.

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)	9 Months Ended
	Sep. 30, 2020
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE
Schedule of securities sold under agreements to repurchase	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (dollars in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding balance at end of period ​ $ 126,172 ​ ​ $ 167,617 ​ ​ ​ Weighted average interest rate at end of period ​ 0.04 % ​ 0.32 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of securities pledged: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 15,116 ​ ​ $ 70,015 ​ ​ ​ Mortgage backed securities - residential ​ ​ 105,228 ​ ​ ​ 134,265 ​ ​ ​ Collateralized mortgage obligations ​ ​ 39,340 ​ ​ ​ 17,030 ​ ​ ​ Total securities pledged ​ $ 159,684 ​ ​ $ 221,310 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ Nine Months Ended ​ ​ ​ ​ September 30, ​ ​ September 30, ​ ​ ​ (dollars in thousands) 2020 ​ 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period $ 213,010 ​ $ 246,889 ​ ​ $ 199,556 ​ $ 232,949 ​ ​ ​ Average interest rate during the period ​ ​ 0.04 % ​ ​ 0.48 % ​ ​ 0.11 % ​ ​ 0.60 % ​ ​ Maximum outstanding at any month end during the period $ 195,229 ​ $ 219,812 ​ ​ $ 195,229 ​ $ 226,002 ​ ​ ​

RIGHT-OF-USE ASSETS AND OPERA_2

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2020
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Summary of operating lease expense	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ Nine Months Ended ​ September 30, ​ ​ September 30, (in thousands) 2020 ​ 2019 ​ 2020 ​ 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Related Party: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable lease expense ​ $ 1,235 $ 1,164 ​ ​ $ 3,706 ​ $ 3,478 Fixed lease expense ​ 23 ​ ​ 10 ​ ​ ​ 69 ​ ​ 28 Third Party: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable lease expense ​ ​ 180 ​ ​ 210 ​ ​ ​ 541 ​ ​ 644 Fixed lease expense ​ ​ 371 ​ ​ 392 ​ ​ ​ 1,109 ​ ​ 1,137 Short-term lease expense ​ ​ 3 ​ ​ 14 ​ ​ ​ 7 ​ ​ 40 Total operating lease expense ​ $ 1,812 $ 1,790 ​ ​ $ 5,432 ​ $ 5,327 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other information concerning operating leases: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash paid for amounts included in the measurement of operating lease liabilities ​ $ 1,817 ​ $ 1,795 ​ ​ $ 5,448 ​ ​ 5,372 Short-term lease payments not included in the measurement of lease liabilities ​ ​ 3 ​ ​ 14 ​ ​ ​ 7 ​ ​ 40 ​
Schedule of weighted average remaining term and weighted average discount rate for operating leases	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ ​ December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average remaining term in years ​ ​ 8.58 ​ ​ ​ 8.02 ​ Weighted average discount rate ​ 3.12 % ​ ​ 3.46 % ​
Schedule of operating lease liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year (in thousands) Related Party Third Party Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020 $ 1,159 $ 650 $ 1,809 ​ 2021 ​ 4,638 ​ 2,442 ​ 7,080 ​ 2022 ​ 4,639 ​ 2,120 ​ 6,759 ​ 2023 ​ 4,639 ​ 1,600 ​ 6,239 ​ 2024 ​ 4,512 ​ 1,173 ​ 5,685 ​ Thereafter ​ 20,144 ​ 3,376 ​ 23,520 ​ Total undiscounted cash flows ​ $ 39,731 ​ $ 11,361 ​ $ 51,092 ​ Discount applied to cash flows ​ ​ (5,034) ​ ​ (1,348) ​ ​ (6,382) ​ Total discounted cash flows reported as operating lease liabilities ​ $ 34,697 ​ $ 10,013 ​ $ 44,710 ​

FEDERAL HOME LOAN BANK ADVANC_2

FEDERAL HOME LOAN BANK ADVANCES (Tables)	9 Months Ended
	Sep. 30, 2020
FEDERAL HOME LOAN BANK ADVANCES
Federal Home Loan Bank Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Overnight advances ​ $ 25,000 ​ $ 200,000 ​ Variable interest rate advance indexed to 3-Month LIBOR plus 0.14% ​ 10,000 ​ 10,000 ​ Fixed interest rate advances ​ 97,500 ​ 540,000 ​ Total FHLB advances ​ $ 132,500 ​ $ 750,000 ​
Aggregate Future Principal Payments on FHLB Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Average Year (dollars in thousands) ​ Principal ​ Rate ​ ​ ​ ​ ​ ​ ​ 2020 (Overnight) $ 25,000 0.17 % 2020 (Term) ​ 37,500 ​ 1.37 ​ 2021 ​ 30,000 1.93 ​ 2022 ​ 20,000 2.12 ​ 2023 ​ 20,000 2.56 ​ 2024 ​ — — ​ Thereafter ​ — — ​ Total ​ $ 132,500 1.56 %
Information Regarding Overnight FHLB Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ Nine Months Ended ​ ​ ​ September 30, ​ ​ September 30, ​ (dollars in thousands) 2020 ​ 2019 ​ 2020 ​ 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period $ 272 ​ $ 357,685 ​ $ 29,106 ​ $ 340,502 ​ Average interest rate during the period ​ ​ 0.17 % ​ ​ 2.34 % ​ ​ 0.92 % ​ ​ 2.45 % Maximum outstanding at any month end during the period $ 25,000 ​ $ 785,000 ​ $ 250,000 ​ $ 785,000 ​
Real Estate Loans Pledged	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ First lien, single family residential real estate ​ $ 1,034,137 ​ $ 1,099,941 ​ Home equity lines of credit ​ 237,389 ​ 274,990 ​

OFF BALANCE SHEET RISKS, COMM_2

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2020
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
Commitments Exclusive of Mortgage Bank Loan Commitments	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Unused warehouse lines of credit ​ $ 310,125 ​ $ 436,541 ​ Unused home equity lines of credit ​ 358,380 ​ 363,195 ​ Unused loan commitments - other ​ 751,502 ​ 757,657 ​ Standby letters of credit ​ 11,515 ​ 11,252 ​ FHLB letter of credit ​ 643 ​ 2,485 ​ Total commitments ​ $ 1,432,165 ​ $ 1,571,130 ​
Schedule of rollforward of the Off Balance Sheet risks ACLC	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLC Rollforward ​ ​ ​ Three Months Ended September 30, 2020 ​ ​ ​ Beginning ​ ASC 326 ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan Commitments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unused warehouse lines of credit ​ ​ $ 58 ​ $ — ​ $ (6) ​ $ — ​ $ — ​ $ 52 Unused home equity lines of credit ​ ​ ​ 124 ​ ​ — ​ ​ 22 ​ ​ — ​ ​ — ​ ​ 146 Unused loan commitments - other ​ ​ ​ 454 ​ ​ — ​ ​ 271 ​ ​ — ​ ​ — ​ ​ 725 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 636 ​ $ — ​ $ 287 ​ $ — ​ $ — ​ $ 923 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLC Rollforward ​ ​ ​ Nine Months Ended September 30, 2020 ​ ​ ​ Beginning ​ ASC 326 ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan Commitments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unused warehouse lines of credit ​ ​ $ — ​ $ 55 ​ $ (3) ​ $ — ​ $ — ​ $ 52 Unused home equity lines of credit ​ ​ ​ — ​ ​ 89 ​ ​ 57 ​ ​ — ​ ​ — ​ ​ 146 Unused loan commitments - other ​ ​ ​ — ​ ​ 312 ​ ​ 413 ​ ​ — ​ ​ — ​ ​ 725 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ — ​ $ 456 ​ $ 467 ​ $ — ​ $ — ​ $ 923 ​

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2020
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on Recurring Basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ September 30, 2020 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 ​ $ — ​ $ 237,066 ​ $ — ​ $ 237,066 ​ Private label mortgage backed security ​ — ​ — ​ 3,004 ​ 3,004 ​ Mortgage backed securities - residential ​ — ​ 242,670 ​ — ​ 242,670 ​ Collateralized mortgage obligations ​ — ​ 53,760 ​ — ​ 53,760 ​ Corporate bonds ​ ​ — ​ ​ 9,918 ​ ​ — ​ ​ 9,918 ​ Trust preferred security ​ — ​ — ​ 3,800 ​ 3,800 ​ Total available-for-sale debt securities ​ $ — ​ $ 543,414 ​ $ 6,804 ​ $ 550,218 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities with readily determinable fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 536 ​ $ — ​ $ 536 ​ Community Reinvestment Act mutual fund ​ 2,534 ​ — ​ — ​ 2,534 ​ Total equity securities with readily determinable fair value ​ $ 2,534 ​ $ 536 ​ $ — ​ $ 3,070 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale ​ $ — ​ $ 44,860 ​ $ — ​ $ 44,860 ​ Consumer loans held for sale ​ ​ — ​ ​ — ​ ​ 449 ​ ​ 449 ​ Consumer loans held for investment ​ ​ — ​ ​ — ​ ​ 588 ​ ​ 588 ​ Rate lock loan commitments ​ — ​ 6,630 ​ — ​ 6,630 ​ Interest rate swap agreements ​ ​ — ​ ​ 14,494 ​ ​ — ​ ​ 14,494 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ $ — ​ $ 603 ​ $ — ​ $ 603 ​ Interest rate swap agreements ​ ​ — ​ ​ 14,560 ​ ​ — ​ ​ 14,560 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 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 ​ $ — ​ $ 134,640 ​ $ — ​ $ 134,640 ​ Private label mortgage backed security ​ — ​ — ​ 3,495 ​ 3,495 ​ Mortgage backed securities - residential ​ — ​ 255,847 ​ — ​ 255,847 ​ Collateralized mortgage obligations ​ — ​ 63,371 ​ — ​ 63,371 ​ Corporate bonds ​ ​ — ​ ​ 10,002 ​ ​ — ​ ​ 10,002 ​ Trust preferred security ​ — ​ — ​ 4,000 ​ 4,000 ​ Total available-for-sale debt securities ​ $ — ​ $ 463,860 ​ $ 7,495 ​ $ 471,355 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities with readily determinable fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 714 ​ $ — ​ $ 714 ​ Community Reinvestment Act mutual fund ​ 2,474 ​ — ​ — ​ 2,474 ​ Total equity securities with readily determinable fair value ​ $ 2,474 ​ $ 714 ​ $ — ​ $ 3,188 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale ​ $ — ​ $ 19,224 ​ $ — ​ $ 19,224 ​ Consumer loans held for sale ​ ​ ​ ​ ​ — ​ ​ 598 ​ ​ 598 ​ Consumer loans held for investment ​ ​ — ​ ​ — ​ ​ 998 ​ ​ 998 ​ Rate lock loan commitments ​ — ​ 789 ​ — ​ 789 ​ Interest rate swap agreements ​ — ​ 5,062 ​ — ​ 5,062 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ $ — ​ $ 131 ​ $ — ​ $ 131 ​ Interest rate swap agreements ​ ​ — ​ ​ 5,166 ​ ​ — ​ 5,166 ​
Assets Measured at Fair Value on a Non-Recurring Basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ ​ September 30, 2020 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 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ — ​ $ — ​ $ 3,614 ​ $ 3,614 ​ Commercial real estate ​ — ​ — ​ 81 ​ 81 ​ Commercial & industrial ​ ​ — ​ ​ — ​ ​ 100 ​ ​ 100 ​ Home equity ​ — ​ — ​ 405 ​ 405 ​ Total collateral-dependent loans* ​ $ — ​ $ — ​ $ 4,200 ​ $ 4,200 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate ​ $ — ​ $ — ​ $ 2,056 ​ $ 2,056 ​ Total other real estate owned ​ $ — ​ $ — ​ $ 2,056 ​ $ 2,056 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage servicing rights ​ $ — ​ $ 4,062 ​ $ — ​ $ 4,062 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ ​ December 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 ​ $ — ​ $ — ​ $ 3,598 ​ $ 3,598 ​ Nonowner occupied ​ — ​ — ​ 14 ​ 14 ​ Commercial real estate ​ — ​ — ​ 3,276 ​ 3,276 ​ Commercial & industrial ​ ​ — ​ — ​ 1,562 ​ 1,562 ​ Home equity ​ — ​ — ​ 470 ​ 470 ​ Total impaired loans* ​ $ — ​ $ — ​ $ 8,920 ​ $ 8,920 ​ * The difference between the carrying value and the fair value of collateral-dependent/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) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying amount of loans measured at fair value ​ $ 3,452 ​ $ 7,729 ​ Estimated selling costs considered in carrying amount ​ 796 ​ 1,193 ​ Valuation allowance ​ ​ (48) ​ ​ (2) ​ Total fair value ​ $ 4,200 ​ $ 8,920 ​
Provisions for loss on collateral dependent impaired loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision on collateral-dependent, impaired loans ​ $ 430 ​ $ 1,419 ​ $ (71) ​ $ 1,442 ​
Carrying amount and estimated fair values of financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ September 30, 2020: ​ ​ ​ ​ ​ ​ Total ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair (in thousands) ​ Value ​ Level 1 ​ Level 2 ​ Level 3 ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 342,028 ​ $ 342,028 ​ $ — ​ $ — ​ $ 342,028 ​ Available-for-sale debt securities ​ 550,218 ​ — ​ 543,414 ​ 6,804 ​ 550,218 ​ Held-to-maturity debt securities ​ 54,268 ​ — ​ 55,163 ​ — ​ 55,163 ​ Equity securities with readily determinable fair values ​ ​ 3,070 ​ ​ 2,534 ​ ​ 536 ​ ​ — ​ ​ 3,070 ​ Mortgage loans held for sale, at fair value ​ 44,860 ​ — ​ 44,860 ​ — ​ 44,860 ​ Consumer loans held for sale, at fair value ​ ​ 449 ​ ​ — ​ ​ — ​ ​ 449 ​ ​ 449 ​ Consumer loans held for sale, at the lower of cost or fair value ​ ​ 11,443 ​ ​ — ​ ​ — ​ ​ 11,443 ​ ​ 11,443 ​ Loans, net ​ 4,934,483 ​ — ​ — ​ 4,904,668 ​ 4,904,668 ​ Federal Home Loan Bank stock ​ 19,634 ​ — ​ — ​ — ​ NA ​ Accrued interest receivable ​ 12,101 ​ — ​ 12,101 ​ — ​ 12,101 ​ Rate lock loan commitments ​ ​ 6,630 ​ ​ — ​ ​ 6,630 ​ ​ — ​ ​ 6,630 ​ Interest rate swap agreements ​ ​ 14,494 ​ ​ — ​ ​ 14,494 ​ ​ — ​ ​ 14,494 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing deposits ​ $ 1,876,418 ​ — ​ $ 1,876,418 ​ — ​ $ 1,876,418 ​ Transaction deposits ​ 2,317,965 ​ — ​ 2,317,965 ​ — ​ 2,317,965 ​ Time deposits ​ 797,946 ​ — ​ 805,988 ​ — ​ 805,988 ​ Securities sold under agreements to repurchase and other short-term borrowings ​ 126,172 ​ — ​ 126,172 ​ — ​ 126,172 ​ Federal Home Loan Bank advances ​ 132,500 ​ — ​ 134,478 ​ — ​ 134,478 ​ Subordinated note ​ 41,240 ​ — ​ 30,832 ​ — ​ 30,832 ​ Accrued interest payable ​ 728 ​ — ​ 728 ​ — ​ 728 ​ Mandatory forward contracts ​ ​ 603 ​ ​ — ​ ​ 603 ​ ​ — ​ ​ 603 ​ Interest rate swap agreements ​ ​ 14,560 ​ ​ — ​ ​ 14,560 ​ ​ — ​ ​ 14,560 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 2019: ​ ​ ​ ​ ​ Total ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair (in thousands) ​ Value ​ Level 1 ​ Level 2 ​ Level 3 ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 385,303 ​ $ 385,303 ​ $ — ​ $ — ​ $ 385,303 ​ Available-for-sale debt securities ​ 471,355 ​ — ​ 463,860 ​ 7,495 ​ 471,355 ​ Held-to-maturity debt securities ​ 62,531 ​ — ​ 63,156 ​ — ​ 63,156 ​ Equity securities with readily determinable fair values ​ ​ 3,188 ​ ​ 2,474 ​ ​ 714 ​ ​ — ​ ​ 3,188 ​ Mortgage loans held for sale, at fair value ​ 19,224 ​ — ​ 19,224 ​ — ​ 19,224 ​ Consumer loans held for sale, at fair value ​ ​ 598 ​ ​ — ​ ​ — ​ ​ 598 ​ ​ 598 ​ Consumer loans held for sale, at the lower of cost or fair value ​ ​ 11,646 ​ ​ — ​ ​ — ​ ​ 11,646 ​ ​ 11,646 ​ Loans, net ​ 4,389,800 ​ — ​ — ​ 4,381,396 ​ 4,381,396 ​ Federal Home Loan Bank stock ​ 30,831 ​ — ​ — ​ — ​ NA ​ Accrued interest receivable ​ 12,937 ​ — ​ 12,937 ​ — ​ 12,937 ​ Rate lock loan commitments ​ ​ 789 ​ ​ — ​ ​ 789 ​ ​ — ​ ​ 789 ​ Interest rate swap agreements ​ ​ 5,062 ​ ​ — ​ ​ 5,062 ​ ​ — ​ ​ 5,062 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing deposits ​ $ 1,033,379 ​ — ​ $ 1,033,379 ​ — ​ $ 1,033,379 ​ Transaction deposits ​ 2,018,687 ​ — ​ 2,018,687 ​ — ​ 2,018,687 ​ Time deposits ​ 733,942 ​ — ​ 737,733 ​ — ​ 737,733 ​ Securities sold under agreements to repurchase and other short-term borrowings ​ 167,617 ​ — ​ 167,617 ​ — ​ 167,617 ​ Federal Home Loan Bank advances ​ 750,000 ​ — ​ 749,667 ​ — ​ 749,667 ​ Subordinated note ​ 41,240 ​ — ​ 32,587 ​ — ​ 32,587 ​ Accrued interest payable ​ 2,802 ​ — ​ 2,802 ​ — ​ 2,802 ​ Mandatory forward contracts ​ ​ 131 ​ ​ — ​ ​ 131 ​ ​ — ​ ​ 131 ​ Interest rate swap agreements ​ ​ 5,166 ​ ​ — ​ ​ 5,166 ​ ​ — ​ ​ 5,166 ​ ​
Nonrecurring basis
Fair Value Disclosures
Fair value inputs quantitative information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Range ​ ​ Fair ​ Valuation ​ Unobservable ​ (Weighted September 30, 2020 (dollars in thousands) ​ Value ​ Technique ​ Inputs ​ Average) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - residential real estate owner occupied ​ $ 3,614 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 51% (10%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - commercial real estate ​ $ 81 Sales comparison approach Adjustments determined for differences between comparable sales 7% (7%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - commercial & industrial ​ $ 100 Sales comparison approach Adjustments determined for differences between comparable sales 54% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - home equity ​ $ 405 Sales comparison approach Adjustments determined for differences between comparable sales 2%-6% ( ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned - commercial real estate ​ $ 2,056 Sales comparison approach Adjustments determined for differences between comparable sales 24% ( ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Range ​ ​ Fair ​ Valuation ​ Unobservable ​ (Weighted December 31, 2019 (dollars in thousands) ​ Value ​ Technique ​ Inputs ​ Average) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans - residential real estate owner occupied ​ $ 3,598 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 58% (12%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans - residential real estate nonowner occupied ​ $ 14 Sales comparison approach Adjustments determined for differences between comparable sales 5% (5%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans - commercial real estate ​ $ 3,276 Sales comparison approach Adjustments determined for differences between comparable sales 1% - 10% (4%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans - commercial & industrial ​ $ 1,562 Income approach Adjustments for differences between net operating income expectations 3% - 50% ( ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired loans - home equity ​ $ 470 Sales comparison approach Adjustments determined for differences between comparable sales 2% (2%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Private label mortgage backed security
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 ​ 2019 ​ 2020 ​ 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 3,023 ​ $ 3,615 ​ $ 3,495 ​ $ 3,712 ​ Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in unrealized gain ​ 60 ​ (24) ​ (46) ​ (58) ​ Recovery of actual losses previously recorded ​ — ​ 38 ​ — ​ 113 ​ Principal paydowns ​ (79) ​ (34) ​ (445) ​ (172) ​ Balance, end of period ​ $ 3,004 ​ $ 3,595 ​ $ 3,004 ​ $ 3,595 ​
Private label mortgage backed security | Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ September 30, 2020 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Range ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Private label mortgage backed security ​ $ 3,004 Discounted cash flow (1) Constant prepayment rate 1.2% - 4.5% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Probability of default 1.8% - 7.2% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (3) Loss severity 50% - 75% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2019 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Range ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Private label mortgage backed security ​ $ 3,495 Discounted cash flow (1) Constant prepayment rate 2.3% - 5.0% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Probability of default 1.8% - 6.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (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 Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 ​ 2019 ​ 2020 ​ 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 3,500 ​ $ 4,000 ​ $ 4,000 ​ $ 4,075 ​ Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount accretion ​ ​ 21 ​ ​ 10 ​ ​ 43 ​ ​ 31 ​ Net change in unrealized gain ​ 279 ​ (10) ​ (243) ​ (106) ​ Balance, end of period ​ $ 3,800 ​ $ 4,000 ​ $ 3,800 ​ $ 4,000 ​
Mortgage loans held for sale
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ $ 44,860 ​ $ 19,224 ​ Contractual balance ​ 42,944 ​ 18,690 ​ Unrealized gain ​ 1,916 ​ 534 ​
Schedule of gains and losses from changes in fair value included in earnings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ $ 300 ​ $ 212 ​ $ 932 ​ $ 484 ​ Change in fair value ​ 126 ​ 155 ​ 1,382 ​ 201 ​ Total included in earnings ​ $ 426 ​ $ 367 ​ $ 2,314 ​ $ 685 ​
Consumer loans
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ $ 449 ​ $ 598 ​ Contractual balance ​ 446 ​ 593 ​ Unrealized gain ​ 3 ​ 5 ​
Schedule of gains and losses from changes in fair value included in earnings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ $ 42 ​ $ — ​ $ 1,563 ​ $ — ​ Change in fair value ​ 2 ​ — ​ (2) ​ — ​ Total included in earnings ​ $ 44 ​ $ — ​ $ 1,561 ​ $ — ​
Consumer loans | Recurring basis
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ September 30, 2020 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans held for sale ​ $ 449 Contract Terms (1) Net Premium 1.4% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Discounted Sales 5.00% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2019 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans held for sale ​ $ 598 Contract Terms (1) Net Premium 1.4% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Discounted Sales 5.00% ​

MORTGAGE BANKING ACTIVITIES (Ta

MORTGAGE BANKING ACTIVITIES (Tables)	9 Months Ended
	Sep. 30, 2020
MORTGAGE BANKING ACTIVITIES
Activity for Mortgage Loans Held for Sale, at fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 40,028 ​ $ 13,883 ​ $ 19,224 ​ $ 8,971 ​ Origination of mortgage loans held for sale ​ 203,615 ​ 124,375 ​ 547,556 ​ 247,071 ​ Proceeds from the sale of mortgage loans held for sale ​ (210,309) ​ (108,493) ​ (546,950) ​ (229,755) ​ Net gain on sale of mortgage loans held for sale ​ 11,526 ​ 2,974 ​ 25,030 ​ 6,452 ​ Balance, end of period ​ $ 44,860 ​ $ 32,739 ​ $ 44,860 ​ $ 32,739 ​
Components of Mortgage Banking Income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 ​ 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net gain realized on sale of mortgage loans held for sale ​ $ 9,151 ​ $ 2,170 ​ $ 18,279 ​ $ 4,941 ​ Net change in fair value recognized on loans held for sale ​ 126 ​ 155 ​ 1,382 ​ 201 ​ Net change in fair value recognized on rate lock loan commitments ​ 2,194 ​ (29) ​ 5,841 ​ 837 ​ Net change in fair value recognized on forward contracts ​ 55 ​ 678 ​ (472) ​ 473 ​ Net gain recognized ​ 11,526 ​ 2,974 ​ 25,030 ​ 6,452 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan servicing income ​ 757 ​ 632 ​ 2,139 ​ 1,842 ​ Amortization of mortgage servicing rights ​ (1,108) ​ (542) ​ (2,701) ​ (1,275) ​ Change in mortgage servicing rights valuation allowance ​ (400) ​ — ​ (500) ​ — ​ Net servicing income recognized ​ (751) ​ 90 ​ (1,062) ​ 567 ​ Total Mortgage Banking income ​ $ 10,775 ​ $ 3,064 ​ $ 23,968 ​ $ 7,019 ​
Activity for capitalized mortgage servicing rights	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 6,711 ​ $ 5,158 ​ $ 5,888 ​ $ 4,919 ​ Additions ​ 1,471 ​ 867 ​ 3,987 ​ 1,839 ​ Amortized to expense ​ (1,108) ​ (542) ​ (2,701) ​ (1,275) ​ Change in valuation allowance ​ (400) ​ — ​ (500) ​ — ​ Balance, end of period ​ $ 6,674 ​ $ 5,483 ​ $ 6,674 ​ $ 5,483 ​
Schedule of activity in the valuation allowance for capitalized mortgage servicing rights	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning valuation allowance ​ $ 100 ​ $ — ​ $ — ​ $ — ​ Charge during the period ​ 400 ​ — ​ 500 ​ — ​ Ending valuation allowance ​ $ 500 ​ $ — ​ $ 500 ​ $ — ​
Other information relating to mortgage servicing rights	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2020 December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of mortgage servicing rights portfolio ​ $ 7,522 ​ ​ $ 9,068 ​ ​ ​ Monthly weighted average prepayment rate of unpaid principal balance* ​ 308 % ​ 202 % ​ ​ Discount rate ​ ​ 10.00 % ​ ​ 10.00 % ​ ​ Weighted average foreclosure rate ​ ​ 0.44 % ​ ​ 0.14 % ​ ​ Weighted average life in years ​ 4.40 ​ ​ 5.76 ​ ​ ​ * Rates are applied to individual tranches with similar characteristics.
Schedule of notional amounts and fair values of mortgage loans held for sale at fair value and mortgage banking derivatives	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 December 31, 2019 ​ ​ ​ 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 ​ $ 42,944 ​ $ 44,860 ​ $ 18,690 ​ $ 19,224 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock loan commitments ​ $ 160,480 ​ $ 6,630 ​ $ 32,776 ​ $ 789 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ $ 171,935 ​ $ 603 ​ $ 44,919 ​ $ 131 ​

INTEREST RATE SWAPS (Tables)

INTEREST RATE SWAPS (Tables)	9 Months Ended
	Sep. 30, 2020
INTEREST RATE SWAPS
Summary of swaps designated as cash flow hedges	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ ​ ​ ​ Unrealized ​ ​ Notional ​ Pay ​ Receive ​ ​ ​ Assets / ​ Gain (Loss) ​ Assets / ​ Gain (Loss) (dollars in thousands) Amount Rate Rate Term (Liabilities) in AOCI (Liabilities) in AOCI ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on money market deposits $ 10,000 2.17 % 1M LIBOR 12/2013 - 12/2020 $ (18) $ (13) $ (46) $ (34) Interest rate swap on FHLB advance ​ ​ 10,000 2.33 % 3M LIBOR 12/2013 - 12/2020 ​ ​ (48) ​ ​ (36) ​ ​ (58) ​ ​ (43) Total $ 20,000 ​ ​ ​ ​ ​ ​ ​ ​ $ (66) ​ $ (49) ​ $ (104) ​ $ (77) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of interest expense recorded on swap transactions in the consolidated statements of income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on money market deposits ​ $ 52 ​ $ (2) ​ $ 107 ​ $ (18) ​ Interest rate swap on FHLB advance ​ 51 ​ — ​ 104 ​ (16) ​ Total interest (benefit) expense on swap transactions ​ $ 103 ​ $ (2) ​ $ 211 ​ $ (34) ​
Summary of net gains recorded in AOCI and the consolidated statements of income relating to the swaps	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ ​ September 30, ​ September 30, ​ ​ (in thousands) 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) recognized in OCI on derivative (effective portion) $ (1) $ (3) $ (173) $ (218) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) reclassified from OCI on derivative (effective portion) ​ ​ (103) ​ 2 ​ (211) ​ 34 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) recognized in income on derivative (ineffective portion) ​ ​ — ​ — ​ — ​ — ​ ​
Summary of interest rate swaps related to clients	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ December 31, 2019 ​ ​ ​ ​ ​ Notional ​ ​ ​ ​ Notional ​ ​ ​ ​ (in thousands) Bank Position ​ Amount Fair Value Amount Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 139,722 $ 14,494 $ 95,411 $ 5,062 ​ ​ Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed ​ — ​ — ​ 6,640 ​ (55) ​ ​ Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 139,722 $ 14,494 $ 102,051 $ 5,007 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Offsetting interest rate swaps with institutional swap dealer ​ Pay fixed/receive variable ​ ​ 139,722 ​ ​ (14,494) ​ ​ 102,051 ​ ​ (5,007) ​ ​ Total ​ ​ $ 279,444 ​ $ — $ 204,102 ​ $ — ​ ​

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2020
EARNINGS PER SHARE
Earnings Per Share and Diluted Earnings Per Share	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands, except per share data) 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 20,389 ​ $ 18,408 ​ $ 62,890 ​ $ 65,931 ​ Dividends declared on Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ ​ (5,375) ​ ​ (4,961) ​ ​ (16,080) ​ ​ (14,826) ​ Class B Shares ​ ​ (572) ​ ​ (530) ​ ​ (1,716) ​ ​ (1,591) ​ Undistributed net income for basic earnings per share ​ ​ 14,442 ​ ​ 12,917 ​ ​ 45,094 ​ ​ 49,514 ​ Weighted average potential dividends on Class A shares upon exercise of dilutive options ​ ​ (7) ​ ​ (27) ​ ​ (24) ​ ​ (93) ​ Undistributed net income for diluted earnings per share ​ $ 14,435 ​ $ 12,890 ​ $ 45,070 ​ $ 49,421 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ 18,826 ​ 18,828 ​ 18,830 ​ 18,803 ​ Class B Shares ​ ​ 2,200 ​ ​ 2,208 ​ ​ 2,201 ​ ​ 2,211 ​ Effect of dilutive securities on Class A Shares outstanding ​ 20 ​ 101 ​ 37 ​ 118 ​ Weighted average shares outstanding including dilutive securities ​ 21,046 ​ 21,137 ​ 21,068 ​ 21,132 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.29 ​ $ 0.26 ​ $ 0.86 ​ $ 0.79 ​ Undistributed earnings per share* ​ ​ 0.69 ​ ​ 0.62 ​ ​ 2.16 ​ ​ 2.38 ​ Total basic earnings per share - Class A Common Stock ​ $ 0.98 ​ $ 0.88 ​ $ 3.02 ​ $ 3.17 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.26 ​ $ 0.24 ​ $ 0.78 ​ $ 0.72 ​ Undistributed earnings per share* ​ ​ 0.63 ​ ​ 0.56 ​ ​ 1.97 ​ ​ 2.16 ​ Total basic earnings per share - Class B Common Stock ​ $ 0.89 ​ $ 0.80 ​ $ 2.75 ​ $ 2.88 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.29 ​ $ 0.26 ​ $ 0.86 ​ $ 0.79 ​ Undistributed earnings per share* ​ ​ 0.69 ​ ​ 0.62 ​ ​ 2.16 ​ ​ 2.36 ​ Total diluted earnings per share - Class A Common Stock ​ $ 0.98 ​ $ 0.88 ​ $ 3.02 ​ $ 3.15 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.26 ​ $ 0.24 ​ $ 0.78 ​ $ 0.72 ​ Undistributed earnings per share* ​ ​ 0.63 ​ ​ 0.56 ​ ​ 1.96 ​ ​ 2.15 ​ Total diluted earnings per share - Class B Common Stock ​ $ 0.89 ​ $ 0.80 ​ $ 2.74 ​ $ 2.87 ​ * To arrive at undistributed earnings per share, undistributed net income is first prorated 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 ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Antidilutive stock options 431,000 158,000 244,000 ​ 160,000 ​ Average antidilutive stock options 367,000 157,000 193,000 ​ 156,000 ​

OTHER COMPREHENSIVE INCOME (Tab

OTHER COMPREHENSIVE INCOME (Tables)	9 Months Ended
	Sep. 30, 2020
OTHER COMPREHENSIVE INCOME
Summary of OCI components and related tax effects	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Debt Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in unrealized gain on AFS debt securities ​ $ (258) ​ $ 86 ​ $ 8,618 ​ $ 5,759 ​ Change in unrealized gain of AFS debt security for which a portion of OTTI has been recognized in earnings ​ 61 ​ (24) ​ (46) ​ (58) ​ Net unrealized (losses) gains ​ (197) ​ 62 ​ 8,572 ​ 5,701 ​ Tax effect ​ 49 ​ (172) ​ (2,144) ​ (1,358) ​ Net of tax ​ (148) ​ (110) ​ 6,428 ​ 4,343 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash Flow Hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in fair value of derivatives used for cash flow hedges ​ (1) ​ (3) ​ (173) ​ (218) ​ Reclassification amount for net derivative losses (gains) realized in income ​ 103 ​ (2) ​ 211 ​ (34) ​ Net unrealized (losses) gains ​ 102 ​ (5) ​ 38 ​ (252) ​ Tax effect ​ (25) ​ 9 ​ (9) ​ 62 ​ Net of tax ​ 77 ​ 4 ​ 29 ​ (190) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other comprehensive (loss) income components, net of tax ​ $ (71) ​ $ (106) ​ $ 6,457 ​ $ 4,153 ​
Summary of amounts reclassified out of each component of AOCI	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amounts Reclassified from AOCI ​ ​ ​ Affected Line Items ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ in the Consolidated ​ September 30, ​ September 30, ​ (in thousands) Statements of Income 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash Flow Hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on money market deposits Interest benefit (expense) on deposits ​ $ (52) ​ $ 2 ​ $ (107) ​ $ 18 ​ Interest rate swap on FHLB advance Interest benefit (expense) on FHLB advances ​ (51) ​ — ​ (104) ​ 16 ​ Total derivative gains (losses) on cash flow hedges Total interest benefit (expense) ​ (103) ​ 2 ​ (211) ​ 34 ​ Tax effect Income tax (benefit) expense ​ 26 ​ (1) ​ 53 ​ (9) ​ Net of tax Net income ​ $ (77) ​ $ 1 ​ $ (158) ​ $ 25 ​
Summary of the AOCI balances, net of tax	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020 ​ ​ (in thousands) ​ December 31, 2019 ​ Change ​ September 30, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain on AFS debt securities ​ $ 2,211 ​ $ 6,464 ​ $ 8,675 ​ Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings ​ 964 ​ (35) ​ 929 ​ Unrealized gain (loss) on cash flow hedges ​ (77) ​ 28 ​ (49) ​ Total unrealized gain ​ $ 3,098 ​ $ 6,457 ​ $ 9,555 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2019 ​ ​ (in thousands) ​ December 31, 2018 ​ Change ​ September 30, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ (2,165) ​ $ 4,390 ​ $ 2,225 ​ Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings ​ 1,078 ​ (45) ​ 1,033 ​ Unrealized gain (loss) on cash flow hedges ​ 90 ​ (192) ​ (102) ​ Total unrealized gain (loss) ​ $ (997) ​ $ 4,153 ​ $ 3,156 ​

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	9 Months Ended
	Sep. 30, 2020
REVENUE FROM CONTRACTS WITH CUSTOMERS
Schedule of net revenues by reportable segments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2020 ​ ​ 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) ​ $ 38,753 ​ $ 7,345 ​ $ 300 ​ $ 46,398 ​ ​ $ 878 ​ $ 4,976 ​ ​ $ 5,854 ​ ​ ​ $ 52,252 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 3,000 ​ ​ 18 ​ ​ — ​ ​ ​ 3,018 ​ ​ ​ (1) ​ ​ — ​ ​ ​ (1) ​ ​ ​ ​ 3,017 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 1,152 ​ — ​ ​ 1,152 ​ ​ ​ 1,152 ​ Mortgage banking income(1) ​ — ​ — ​ 10,775 ​ ​ 10,775 ​ ​ — ​ — ​ ​ — ​ ​ ​ 10,775 ​ Interchange fee income ​ ​ 2,873 ​ ​ — ​ ​ — ​ ​ ​ 2,873 ​ ​ ​ 38 ​ ​ — ​ ​ ​ 38 ​ ​ ​ ​ 2,911 ​ Program fees(1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 643 ​ ​ 844 ​ ​ ​ 1,487 ​ ​ ​ ​ 1,487 ​ Increase in cash surrender value of BOLI(1) ​ ​ 400 ​ ​ — ​ ​ — ​ ​ ​ 400 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 400 ​ Net gains (losses) on OREO ​ ​ (14) ​ ​ — ​ ​ — ​ ​ ​ (14) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (14) ​ Other ​ 879 ​ (39) ​ 21 ​ ​ 861 ​ ​ 8 ​ — ​ ​ 8 ​ ​ ​ 869 ​ Total noninterest income ​ 7,138 ​ (21) ​ 10,796 ​ ​ 17,913 ​ ​ 1,840 ​ 844 ​ ​ 2,684 ​ ​ ​ 20,597 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 45,891 ​ $ 7,324 ​ $ 11,096 ​ ​ $ 64,311 ​ ​ $ 2,718 ​ $ 5,820 ​ ​ $ 8,538 ​ ​ ​ $ 72,849 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration(2) ​ ​ 63 % ​ 10 % ​ 15 % ​ ​ 88 % ​ ​ 4 % ​ 8 % ​ ​ 12 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 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) ​ $ 42,879 ​ $ 4,329 ​ $ 212 ​ $ 47,420 ​ ​ $ 295 ​ $ 7,771 ​ ​ $ 8,066 ​ ​ ​ $ 55,486 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 3,738 ​ ​ 11 ​ ​ — ​ ​ ​ 3,749 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 3,749 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 317 ​ — ​ ​ 317 ​ ​ ​ 317 ​ Mortgage banking income(1) ​ — ​ — ​ 3,064 ​ ​ 3,064 ​ ​ — ​ — ​ ​ — ​ ​ ​ 3,064 ​ Interchange fee income ​ ​ 3,008 ​ ​ — ​ ​ — ​ ​ ​ 3,008 ​ ​ ​ 23 ​ ​ — ​ ​ ​ 23 ​ ​ ​ ​ 3,031 ​ Program fees(1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 122 ​ ​ 1,195 ​ ​ ​ 1,317 ​ ​ ​ ​ 1,317 ​ Increase in cash surrender value of BOLI(1) ​ ​ 394 ​ ​ — ​ ​ — ​ ​ ​ 394 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 394 ​ Net gains (losses) on OREO ​ ​ 267 ​ ​ — ​ ​ — ​ ​ ​ 267 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 267 ​ Net loss on branch divestiture(1) ​ ​ (119) ​ ​ — ​ ​ — ​ ​ ​ (119) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (119) ​ Other ​ 814 ​ (90) ​ 66 ​ ​ 790 ​ ​ 1 ​ — ​ ​ 1 ​ ​ ​ 791 ​ Total noninterest income ​ 8,102 ​ (79) ​ 3,130 ​ ​ 11,153 ​ ​ 463 ​ 1,195 ​ ​ 1,658 ​ ​ ​ 12,811 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 50,981 ​ $ 4,250 ​ $ 3,342 ​ ​ $ 58,573 ​ ​ $ 758 ​ $ 8,966 ​ ​ $ 9,724 ​ ​ ​ $ 68,297 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration(2) ​ ​ 75 % ​ 6 % ​ 5 % ​ ​ 86 % ​ ​ 1 % ​ 13 % ​ ​ 14 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2020 ​ ​ 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) ​ $ 118,409 ​ $ 17,715 ​ $ 932 ​ $ 137,056 ​ ​ $ 22,484 ​ $ 17,655 ​ ​ $ 40,139 ​ ​ ​ $ 177,195 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 8,576 ​ ​ 46 ​ ​ — ​ ​ ​ 8,622 ​ ​ ​ (18) ​ ​ — ​ ​ ​ (18) ​ ​ ​ ​ 8,604 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 19,888 ​ — ​ ​ 19,888 ​ ​ ​ 19,888 ​ Mortgage banking income(1) ​ — ​ — ​ 23,968 ​ ​ 23,968 ​ ​ — ​ — ​ ​ — ​ ​ ​ 23,968 ​ Interchange fee income ​ ​ 8,090 ​ ​ — ​ ​ — ​ ​ ​ 8,090 ​ ​ ​ 181 ​ ​ — ​ ​ ​ 181 ​ ​ ​ ​ 8,271 ​ Program fees(1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 1,573 ​ ​ 3,676 ​ ​ ​ 5,249 ​ ​ ​ ​ 5,249 ​ Increase in cash surrender value of BOLI(1) ​ ​ 1,184 ​ ​ — ​ ​ — ​ ​ ​ 1,184 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 1,184 ​ Net gains (losses) on OREO ​ ​ (10) ​ ​ — ​ ​ — ​ ​ ​ (10) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (10) ​ Other ​ 2,659 ​ (39) ​ 53 ​ ​ 2,673 ​ ​ 90 ​ — ​ ​ 90 ​ ​ ​ 2,763 ​ Total noninterest income ​ 20,499 ​ 7 ​ 24,021 ​ ​ 44,527 ​ ​ 21,714 ​ 3,676 ​ ​ 25,390 ​ ​ ​ 69,917 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 138,908 ​ $ 17,722 ​ $ 24,953 ​ ​ $ 181,583 ​ ​ $ 44,198 ​ $ 21,331 ​ ​ $ 65,529 ​ ​ ​ $ 247,112 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration(2) ​ ​ 56 % ​ 7 % ​ 10 % ​ ​ 73 % ​ ​ 18 % ​ 9 % ​ ​ 27 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 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) ​ $ 126,103 ​ $ 11,181 ​ $ 484 ​ $ 137,768 ​ ​ $ 21,443 ​ $ 22,520 ​ ​ $ 43,963 ​ ​ ​ $ 181,731 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 10,616 ​ ​ 34 ​ ​ — ​ ​ ​ 10,650 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 10,650 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 21,046 ​ — ​ ​ 21,046 ​ ​ ​ 21,046 ​ Mortgage banking income(1) ​ — ​ — ​ 7,019 ​ ​ 7,019 ​ ​ — ​ — ​ ​ — ​ ​ ​ 7,019 ​ Interchange fee income ​ ​ 8,802 ​ ​ — ​ ​ — ​ ​ ​ 8,802 ​ ​ ​ 243 ​ ​ — ​ ​ ​ 243 ​ ​ ​ ​ 9,045 ​ Program fees(1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 318 ​ ​ 3,110 ​ ​ ​ 3,428 ​ ​ ​ ​ 3,428 ​ Increase in cash surrender value of BOLI(1) ​ ​ 1,154 ​ ​ — ​ ​ — ​ ​ ​ 1,154 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 1,154 ​ Net gains (losses) on OREO ​ ​ 487 ​ ​ — ​ ​ — ​ ​ ​ 487 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 487 ​ Net loss on branch divestiture(1) ​ ​ (119) ​ ​ — ​ ​ — ​ ​ ​ (119) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (119) ​ Other ​ 1,911 ​ (90) ​ 162 ​ ​ 1,983 ​ ​ 1 ​ 659 ​ ​ 660 ​ ​ ​ 2,643 ​ Total noninterest income ​ 22,851 ​ (56) ​ 7,181 ​ ​ 29,976 ​ ​ 21,608 ​ 3,769 ​ ​ 25,377 ​ ​ ​ 55,353 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 148,954 ​ $ 11,125 ​ $ 7,665 ​ ​ $ 167,744 ​ ​ $ 43,051 ​ $ 26,289 ​ ​ $ 69,340 ​ ​ ​ $ 237,084 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration(2) ​ ​ 63 % ​ 5 % ​ 3 % ​ ​ 71 % ​ ​ 18 % ​ 11 % ​ ​ 29 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2020
SEGMENT INFORMATION
Segment Information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2020 ​ ​ 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 ​ $ 38,753 ​ $ 7,345 ​ $ 300 ​ $ 46,398 ​ ​ $ 878 ​ $ 4,976 ​ ​ $ 5,854 ​ ​ ​ $ 52,252 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 5,857 ​ (3) ​ — ​ ​ 5,854 ​ ​ (4,342) ​ (12) ​ ​ (4,354) ​ ​ ​ 1,500 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 1,152 ​ — ​ ​ 1,152 ​ ​ ​ 1,152 ​ Mortgage banking income ​ — ​ — ​ 10,775 ​ ​ 10,775 ​ ​ — ​ — ​ ​ — ​ ​ ​ 10,775 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 643 ​ ​ 844 ​ ​ ​ 1,487 ​ ​ ​ ​ 1,487 ​ Other noninterest income ​ 7,138 ​ (21) ​ 21 ​ ​ 7,138 ​ ​ 45 ​ — ​ ​ 45 ​ ​ ​ 7,183 ​ Total noninterest income ​ 7,138 ​ (21) ​ 10,796 ​ ​ 17,913 ​ ​ 1,840 ​ 844 ​ ​ 2,684 ​ ​ ​ 20,597 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 36,415 ​ 1,875 ​ 2,832 ​ ​ 41,122 ​ ​ 3,226 ​ 1,175 ​ ​ 4,401 ​ ​ ​ 45,523 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 3,619 ​ 5,452 ​ 8,264 ​ ​ 17,335 ​ ​ 3,834 ​ 4,657 ​ ​ 8,491 ​ ​ ​ 25,826 ​ Income tax expense ​ ​ 558 ​ ​ 1,226 ​ ​ 1,736 ​ ​ ​ 3,520 ​ ​ ​ 843 ​ ​ 1,074 ​ ​ ​ 1,917 ​ ​ ​ ​ 5,437 ​ Net income ​ $ 3,061 ​ $ 4,226 ​ $ 6,528 ​ ​ $ 13,815 ​ ​ $ 2,991 ​ $ 3,583 ​ ​ $ 6,574 ​ ​ ​ $ 20,389 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,769,848 ​ $ 1,026,790 ​ $ 61,809 ​ ​ $ 5,858,447 ​ ​ $ 269,337 ​ $ 112,662 ​ ​ $ 381,999 ​ ​ ​ $ 6,240,446 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.22 % 3.41 % NM ​ ​ 3.25 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 3.59 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 63 % ​ 10 % ​ 15 % ​ ​ 88 % ​ ​ 4 % ​ 8 % ​ ​ 12 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 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 ​ $ 42,879 ​ $ 4,329 ​ $ 212 ​ ​ $ 47,420 ​ ​ $ 295 ​ $ 7,771 ​ ​ $ 8,066 ​ ​ ​ $ 55,486 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 1,555 ​ 620 ​ — ​ ​ 2,175 ​ ​ (2,008) ​ 2,986 ​ ​ 978 ​ ​ ​ 3,153 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 317 ​ — ​ ​ 317 ​ ​ ​ 317 ​ Mortgage banking income ​ — ​ — ​ 3,064 ​ ​ 3,064 ​ ​ — ​ — ​ ​ — ​ ​ ​ 3,064 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 122 ​ ​ 1,195 ​ ​ ​ 1,317 ​ ​ ​ ​ 1,317 ​ Net loss on branch divestiture ​ ​ (119) ​ ​ — ​ ​ — ​ ​ ​ (119) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (119) ​ Other noninterest income ​ 8,221 ​ (79) ​ 66 ​ ​ 8,208 ​ ​ 24 ​ — ​ ​ 24 ​ ​ ​ 8,232 ​ Total noninterest income ​ 8,102 ​ (79) ​ 3,130 ​ ​ 11,153 ​ ​ 463 ​ 1,195 ​ ​ 1,658 ​ ​ ​ 12,811 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 35,882 ​ 886 ​ 1,637 ​ ​ 38,405 ​ ​ 3,047 ​ 959 ​ ​ 4,006 ​ ​ ​ 42,411 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income tax expense ​ 13,544 ​ 2,744 ​ 1,705 ​ ​ 17,993 ​ ​ (281) ​ 5,021 ​ ​ 4,740 ​ ​ ​ 22,733 ​ Income tax expense (benefit) ​ 2,244 ​ 617 ​ 358 ​ ​ 3,219 ​ ​ (67) ​ 1,173 ​ ​ 1,106 ​ ​ ​ 4,325 ​ Net income (loss) ​ $ 11,300 ​ $ 2,127 ​ $ 1,347 ​ ​ $ 14,774 ​ ​ $ (214) ​ $ 3,848 ​ ​ $ 3,634 ​ ​ ​ $ 18,408 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,960,737 ​ $ 973,716 ​ $ 40,209 ​ ​ $ 5,974,662 ​ ​ $ 24,296 ​ $ 104,689 ​ ​ $ 128,985 ​ ​ ​ $ 6,103,647 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.76 % 2.30 % NM ​ ​ 3.56 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 4.07 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 75 % ​ 6 % ​ 5 % ​ ​ 86 % ​ ​ 1 % ​ 13 % ​ ​ 14 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2020 ​ ​ 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 ​ $ 118,409 ​ $ 17,715 ​ $ 932 ​ ​ $ 137,056 ​ ​ $ 22,484 ​ $ 17,655 ​ ​ $ 40,139 ​ ​ ​ $ 177,195 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 14,526 ​ 778 ​ — ​ ​ 15,304 ​ ​ 15,239 ​ 251 ​ ​ 15,490 ​ ​ ​ 30,794 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 19,888 ​ — ​ ​ 19,888 ​ ​ ​ 19,888 ​ Mortgage banking income ​ — ​ — ​ 23,968 ​ ​ 23,968 ​ ​ — ​ — ​ ​ — ​ ​ ​ 23,968 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 1,573 ​ ​ 3,676 ​ ​ ​ 5,249 ​ ​ ​ ​ 5,249 ​ Other noninterest income ​ 20,499 ​ 7 ​ 53 ​ ​ 20,559 ​ ​ 253 ​ — ​ ​ 253 ​ ​ ​ 20,812 ​ Total noninterest income ​ 20,499 ​ 7 ​ 24,021 ​ ​ 44,527 ​ ​ 21,714 ​ 3,676 ​ ​ 25,390 ​ ​ ​ 69,917 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 109,750 ​ 3,489 ​ 7,517 ​ ​ 120,756 ​ ​ 13,589 ​ 2,972 ​ ​ 16,561 ​ ​ ​ 137,317 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 14,632 ​ 13,455 ​ 17,436 ​ ​ 45,523 ​ ​ 15,370 ​ 18,108 ​ ​ 33,478 ​ ​ ​ 79,001 ​ Income tax expense ​ ​ 1,747 ​ ​ 3,027 ​ ​ 3,662 ​ ​ ​ 8,436 ​ ​ ​ 3,487 ​ ​ 4,188 ​ ​ ​ 7,675 ​ ​ ​ ​ 16,111 ​ Net income ​ $ 12,885 ​ $ 10,428 ​ $ 13,774 ​ ​ $ 37,087 ​ ​ $ 11,883 ​ $ 13,920 ​ ​ $ 25,803 ​ ​ ​ $ 62,890 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,769,848 ​ $ 1,026,790 ​ $ 61,809 ​ ​ $ 5,858,447 ​ ​ $ 269,337 ​ $ 112,662 ​ ​ $ 381,999 ​ ​ ​ $ 6,240,446 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.41 % 3.07 % NM ​ ​ 3.37 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 4.21 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 56 % ​ 7 % ​ 10 % ​ ​ 73 % ​ ​ 18 % ​ 9 % ​ ​ 27 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 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 ​ $ 126,103 ​ $ 11,181 ​ $ 484 ​ ​ $ 137,768 ​ ​ $ 21,443 ​ $ 22,520 ​ ​ $ 43,963 ​ ​ ​ $ 181,731 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 3,171 ​ 1,262 ​ — ​ ​ 4,433 ​ ​ 11,818 ​ 8,593 ​ ​ 20,411 ​ ​ ​ 24,844 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 21,046 ​ — ​ ​ 21,046 ​ ​ ​ 21,046 ​ Mortgage banking income ​ — ​ — ​ 7,019 ​ ​ 7,019 ​ ​ — ​ — ​ ​ — ​ ​ ​ 7,019 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 318 ​ ​ 3,110 ​ ​ ​ 3,428 ​ ​ ​ ​ 3,428 ​ Net loss on branch divestiture ​ ​ (119) ​ ​ — ​ ​ — ​ ​ ​ (119) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (119) ​ Other noninterest income ​ 22,970 ​ (56) ​ 162 ​ ​ 23,076 ​ ​ 244 ​ 659 ​ ​ 903 ​ ​ ​ 23,979 ​ Total noninterest income ​ 22,851 ​ (56) ​ 7,181 ​ ​ 29,976 ​ ​ 21,608 ​ 3,769 ​ ​ 25,377 ​ ​ ​ 55,353 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 109,196 ​ 2,436 ​ 4,311 ​ ​ 115,943 ​ ​ 13,010 ​ 2,395 ​ ​ 15,405 ​ ​ ​ 131,348 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 36,587 ​ 7,427 ​ 3,354 ​ ​ 47,368 ​ ​ 18,223 ​ 15,301 ​ ​ 33,524 ​ ​ ​ 80,892 ​ Income tax expense ​ 4,753 ​ 1,671 ​ 704 ​ ​ 7,128 ​ ​ 4,251 ​ 3,582 ​ ​ 7,833 ​ ​ ​ 14,961 ​ Net income ​ $ 31,834 ​ $ 5,756 ​ $ 2,650 ​ ​ $ 40,240 ​ ​ $ 13,972 ​ $ 11,719 ​ ​ $ 25,691 ​ ​ ​ $ 65,931 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,960,737 ​ $ 973,716 ​ $ 40,209 ​ ​ $ 5,974,662 ​ ​ $ 24,296 ​ $ 104,689 ​ ​ $ 128,985 ​ ​ ​ $ 6,103,647 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.75 % 2.49 % NM ​ ​ 3.63 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 4.60 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 63 % ​ 5 % ​ 3 % ​ ​ 71 % ​ ​ 18 % ​ 11 % ​ ​ 29 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue .

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - OPERATIONS (Details)	9 Months Ended
	Sep. 30, 2020itemsegment
Basis of Presentation
Number of reportable segments | segment	5
Number of banking centers	42
Number of loan production offices	2
Kentucky
Basis of Presentation
Number of banking centers	28
Metropolitan Louisville
Basis of Presentation
Number of banking centers	18
Central Kentucky
Basis of Presentation
Number of banking centers	7
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
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
Number of loan production offices	1
Metropolitan Cincinnati, Ohio
Basis of Presentation
Number of banking centers	2
Metropolitan Nashville, Tennessee
Basis of Presentation
Number of banking centers	3
Number of loan production offices	1
Core Banking
Basis of Presentation
Number of reportable segments | segment	3
Core Banking | Minimum
Basis of Presentation
Period of loan expected to remain in warehouse line	15 days
Core Banking | Maximum
Basis of Presentation
Period of loan expected to remain in warehouse line	30 days
Republic Processing Group
Basis of Presentation
Number of reportable segments | segment	2

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - SEGMENTS (Details)	1 Months Ended	2 Months Ended		9 Months Ended	27 Months Ended
	Dec. 31, 2019USD ($)	Feb. 29, 2020	Feb. 28, 2019	Sep. 30, 2020USD ($)item	Mar. 31, 2018
Basis of Presentation
Consumer loans receivable held for investment	$ 998,000			$ 588,000
Tax Refund Solutions | Easy Advances
Basis of Presentation
Amount of credit risk associated with refund transfers				0
Period Easy Advance tax credit product offered		2 months	2 months
Advance amount per customer				6,250
Fee charged				$ 0
EA's repayment term				21 days
Maximum repayment period before Easy Advances considered delinquent				21 days
Republic Credit Solutions | Line of credit
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)				90.00%
Percentage of ownership maintained with each borrower				100.00%
Interest retained (as a percent)				10.00%
Consumer loans held for sale period				3 days
Republic Credit Solutions | Installment loan
Basis of Presentation
Consumer loans receivable held for investment				$ 588,000
Term for intent to sell loans	16 days				21 days
Percentage of loan originated under restarted program, held for sale					100.00%
Republic Credit Solutions | Installment loan | Minimum
Basis of Presentation
Loan held-for-sale term	12 months
Republic Credit Solutions | Installment loan | Maximum
Basis of Presentation
Loan held-for-sale term	60 months
Republic Credit Solutions | Healthcare receivables
Basis of Presentation
Number of third party relationship | item				2
Interest retained - Third party relationship one (as a percent)				100.00%
Interest retained - Third party relationship two (as a percent)				100.00%
Percentage of loan receivable held for sale - Third party relationship two (as a percent)				100.00%

BASIS OF PRESENTATION AND SUM_6

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - ASUs (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Sep. 30, 2020	Jun. 30, 2020	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Accounting Pronouncements
Allowance for credit losses	$ 43,351,000	$ 59,891,000	$ 55,097,000	$ 46,932,000	$ 45,983,000	$ 44,675,000
Available-for-sale debt securities, allowance for credit losses	0	52,000
Allowance for credit losses on credit exposure		923,000	636,000
Stockholders' equity	764,244,000	810,362,000	$ 795,619,000	$ 744,447,000	$ 731,428,000	689,934,000
Retained earnings	614,171,000	$ 652,724,000
Cumulative Effect, Period of Adoption, Adjustment
Accounting Pronouncements
Stockholders' equity	(4,291,000)					$ 126,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment
Accounting Pronouncements
Allowance for credit losses	$ 6,734,000
Percentage of increase in ACLL	16.00%
Available-for-sale debt securities, allowance for credit losses	$ 51,000
Allowance for credit losses on credit exposure	456,000
Credit loss reclassification of non-accretable discount on PCD loans	1,400,000
Difference in ACL between CECL and probable-incurred method	5,300,000
Retained earnings	$ (4,300,000)

BASIS OF PRESENTATION AND SUM_7

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Impact of ASC 326 Adoption (Details) - USD ($)	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Allowance for credit losses on debt securities:
AFS debt securities - Corporate bonds	$ 52,000		$ 0
HTM debt securities - Corporate bond	295,000		0
Allowance for credit losses on debt securities	347,000	$ 273,000
Allowance for credit losses on loans:
Allowance for credit losses	59,891,000	55,097,000	43,351,000	$ 46,932,000	$ 45,983,000	$ 44,675,000
Liabilities:
Allowance for credit losses on credit exposure	923,000	636,000
Corporate bonds
Allowance for credit losses on debt securities:
AFS debt securities - Corporate bonds	52,000
HTM debt securities - Corporate bond	295,000
Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	48,657,000	43,177,000	28,205,000	31,053,000	31,169,000	30,347,000
Core Banking
Allowance for credit losses on loans:
Allowance for credit losses	51,229,000	45,752,000	29,999,000	33,487,000	32,983,000	31,519,000
Republic Processing Group
Allowance for credit losses on loans:
Allowance for credit losses	8,662,000	9,345,000	13,352,000	13,445,000	13,000,000	13,156,000
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	9,641,000	9,303,000	4,729,000	5,003,000	5,213,000	6,035,000
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	2,377,000	2,274,000	1,737,000	1,820,000	1,775,000	1,662,000
Residential Real Estate | Home equity lines of credit | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	5,124,000	5,124,000	2,721,000	3,045,000	3,124,000	3,477,000
Commercial Real Estate | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	20,963,000	16,300,000	10,486,000	10,549,000	10,566,000	10,030,000
Construction & land development | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	4,599,000	4,940,000	2,152,000	2,817,000	2,910,000	2,555,000
Commercial and Industrial | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	2,884,000	2,405,000	2,882,000	4,377,000	4,221,000	2,873,000
Lease Financing Receivables | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	117,000	125,000	147,000	156,000	181,000	158,000
Aircraft | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	219,000	208,000	176,000	147,000	125,000	91,000
Consumer | Credit Cards | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	942,000	928,000	1,020,000	1,023,000	1,028,000	1,140,000
Consumer | Overdrafts | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	705,000	488,000	1,169,000	1,075,000	894,000	1,102,000
Consumer | Automobile loan | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	406,000	473,000	612,000	653,000	708,000	724,000
Consumer | Other consumer | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses	680,000	609,000	374,000	388,000	424,000	500,000
Warehouse lines of credit | Core Banking
Allowance for credit losses on loans:
Allowance for credit losses	2,572,000	2,575,000	1,794,000	2,434,000	1,814,000	1,172,000
Tax Refund Solutions | Other TRS loans | Republic Processing Group
Allowance for credit losses on loans:
Allowance for credit losses	141,000	211,000	234,000	234,000	232,000	107,000
Republic Credit Solutions | Republic Processing Group
Allowance for credit losses on loans:
Allowance for credit losses	$ 8,521,000	$ 9,134,000	13,118,000	$ 13,211,000	$ 12,768,000	$ 13,049,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjusted Balance
Allowance for credit losses on debt securities:
Allowance for credit losses on debt securities			51,000
Allowance for credit losses on loans:
Allowance for credit losses			50,085,000
Liabilities:
Allowance for credit losses on credit exposure			456,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjusted Balance | Corporate bonds
Allowance for credit losses on debt securities:
HTM debt securities - Corporate bond			51,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjusted Balance | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			34,939,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjusted Balance | Core Banking
Allowance for credit losses on loans:
Allowance for credit losses			36,733,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjusted Balance | Republic Processing Group
Allowance for credit losses on loans:
Allowance for credit losses			13,352,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses on debt securities:
AFS debt securities - Corporate bonds			51,000
Allowance for credit losses on debt securities			51,000
Allowance for credit losses on loans:
Allowance for credit losses			6,734,000
Liabilities:
Allowance for credit losses on credit exposure			456,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment | Corporate bonds
Allowance for credit losses on debt securities:
HTM debt securities - Corporate bond			51,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			6,734,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment | Core Banking
Allowance for credit losses on loans:
Allowance for credit losses			6,734,000
ASU 2016-13 | Residential Real Estate | Cumulative Effect, Period of Adoption, Adjusted Balance | Residential Real Estate - Owner Occupied | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			8,928,000
ASU 2016-13 | Residential Real Estate | Cumulative Effect, Period of Adoption, Adjusted Balance | Residential Real Estate - Non Owner Occupied | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			1,885,000
ASU 2016-13 | Residential Real Estate | Cumulative Effect, Period of Adoption, Adjusted Balance | Home equity lines of credit | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			4,373,000
ASU 2016-13 | Residential Real Estate | Cumulative Effect, Period of Adoption, Adjustment | Residential Real Estate - Owner Occupied | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			4,199,000
ASU 2016-13 | Residential Real Estate | Cumulative Effect, Period of Adoption, Adjustment | Residential Real Estate - Non Owner Occupied | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			148,000
ASU 2016-13 | Residential Real Estate | Cumulative Effect, Period of Adoption, Adjustment | Home equity lines of credit | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			1,652,000
ASU 2016-13 | Commercial Real Estate | Cumulative Effect, Period of Adoption, Adjusted Balance | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			10,759,000
ASU 2016-13 | Commercial Real Estate | Cumulative Effect, Period of Adoption, Adjustment | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			273,000
ASU 2016-13 | Construction & land development | Cumulative Effect, Period of Adoption, Adjusted Balance | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			3,599,000
ASU 2016-13 | Construction & land development | Cumulative Effect, Period of Adoption, Adjustment | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			1,447,000
ASU 2016-13 | Commercial and Industrial | Cumulative Effect, Period of Adoption, Adjusted Balance | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			1,564,000
ASU 2016-13 | Commercial and Industrial | Cumulative Effect, Period of Adoption, Adjustment | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			(1,318,000)
ASU 2016-13 | Lease Financing Receivables | Cumulative Effect, Period of Adoption, Adjusted Balance | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			147,000
ASU 2016-13 | Aircraft | Cumulative Effect, Period of Adoption, Adjusted Balance | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			176,000
ASU 2016-13 | Consumer | Cumulative Effect, Period of Adoption, Adjusted Balance | Credit Cards | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			1,053,000
ASU 2016-13 | Consumer | Cumulative Effect, Period of Adoption, Adjusted Balance | Overdrafts | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			1,169,000
ASU 2016-13 | Consumer | Cumulative Effect, Period of Adoption, Adjusted Balance | Automobile loan | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			605,000
ASU 2016-13 | Consumer | Cumulative Effect, Period of Adoption, Adjusted Balance | Other consumer | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			681,000
ASU 2016-13 | Consumer | Cumulative Effect, Period of Adoption, Adjustment | Credit Cards | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			33,000
ASU 2016-13 | Consumer | Cumulative Effect, Period of Adoption, Adjustment | Automobile loan | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			(7,000)
ASU 2016-13 | Consumer | Cumulative Effect, Period of Adoption, Adjustment | Other consumer | Traditional Banking
Allowance for credit losses on loans:
Allowance for credit losses			307,000
ASU 2016-13 | Warehouse lines of credit | Cumulative Effect, Period of Adoption, Adjusted Balance | Core Banking
Allowance for credit losses on loans:
Allowance for credit losses			1,794,000
ASU 2016-13 | Tax Refund Solutions | Cumulative Effect, Period of Adoption, Adjusted Balance | Other TRS loans | Republic Processing Group
Allowance for credit losses on loans:
Allowance for credit losses			234,000
ASU 2016-13 | Republic Credit Solutions | Cumulative Effect, Period of Adoption, Adjusted Balance | Republic Processing Group
Allowance for credit losses on loans:
Allowance for credit losses			$ 13,118,000

BASIS OF PRESENTATION AND SUM_8

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Other Policies (Details)	3 Months Ended	9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2020USD ($)item
Accounting Pronouncements
Number of consecutive months payments received before non-accrual loans returned to accrual status (in months) | item		6
Forecast period of management's expectation for loss rates to revert back to long-term historical averages	1 year	1 year
Increase of allowance for credit losses from CRE specific forecast factor	$ 2,000,000	$ 2,000,000
Other Assets.
Accounting Pronouncements
Accrued interest on AFS debt securities excluded from ACLS	1,000,000	1,000,000
Accrued interest on HTM debt securities excluded from ACLS	114,000	114,000
Accrued interest on loans	$ 11,000,000	$ 11,000,000

INVESTMENT SECURITIES - AFS (De

INVESTMENT SECURITIES - AFS (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Available-for-Sale Debt Securities
Amortized Cost	$ 537,465	$ 467,122
Gross Unrealized Gains	12,902	4,945
Gross Unrealized Losses	(97)	(712)
Allowance for credit losses	(52)	0
Available-for-sale debt securities, Fair Value	550,218	471,355
U.S. Treasury securities and U.S. Government agencies
Available-for-Sale Debt Securities
Amortized Cost	235,216	134,765
Gross Unrealized Gains	1,897	59
Gross Unrealized Losses	(47)	(184)
Available-for-sale debt securities, Fair Value	237,066	134,640
Private label mortgage backed security
Available-for-Sale Debt Securities
Amortized Cost	1,765	2,210
Gross Unrealized Gains	1,239	1,285
Available-for-sale debt securities, Fair Value	3,004	3,495
Mortgage backed securities - residential
Available-for-Sale Debt Securities
Amortized Cost	234,025	253,288
Gross Unrealized Gains	8,646	2,916
Gross Unrealized Losses	(1)	(357)
Available-for-sale debt securities, Fair Value	242,670	255,847
Collateralized mortgage obligations
Available-for-Sale Debt Securities
Amortized Cost	52,841	63,284
Gross Unrealized Gains	938	258
Gross Unrealized Losses	(19)	(171)
Available-for-sale debt securities, Fair Value	53,760	63,371
Corporate bonds
Available-for-Sale Debt Securities
Amortized Cost	10,000	10,000
Gross Unrealized Gains		2
Gross Unrealized Losses	(30)
Allowance for credit losses	(52)
Available-for-sale debt securities, Fair Value	9,918	10,002
Trust preferred security
Available-for-Sale Debt Securities
Amortized Cost	3,618	3,575
Gross Unrealized Gains	182	425
Available-for-sale debt securities, Fair Value	$ 3,800	$ 4,000

INVESTMENT SECURITIES - HTM (De

INVESTMENT SECURITIES - HTM (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Held-to-Maturity Debt Securities
Carrying Value	$ 54,563	$ 62,531
Gross Unrecognized Gains	600	646
Gross Unrecognized Losses		(21)
Fair Value	55,163	63,156
Allowance for credit losses	(295)	0
Mortgage backed securities - residential
Held-to-Maturity Debt Securities
Carrying Value	100	104
Gross Unrecognized Gains	5	6
Fair Value	105	110
Collateralized mortgage obligations
Held-to-Maturity Debt Securities
Carrying Value	14,118	16,970
Gross Unrecognized Gains	183	94
Gross Unrecognized Losses		(21)
Fair Value	14,301	17,043
Corporate bonds
Held-to-Maturity Debt Securities
Carrying Value	39,989	44,995
Gross Unrecognized Gains	403	544
Fair Value	40,392	45,539
Allowance for credit losses	(295)
Obligations of state and political subdivisions
Held-to-Maturity Debt Securities
Carrying Value	356	462
Gross Unrecognized Gains	9	2
Fair Value	$ 365	$ 464

INVESTMENT SECURITIES - SALES O

INVESTMENT SECURITIES - SALES OF AFS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
INVESTMENT SECURITIES
Gross loss on securities available for sale	$ 0	$ 0	$ 0	$ 0

INVESTMENT SECURITIES - AMORTIZ

INVESTMENT SECURITIES - AMORTIZED COST AND FV (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Securities available for Sale - Amortized Cost
Due in one year or less	$ 9,941
Due from one year to five years	235,275
Due beyond ten years	3,618
Amortized Cost	537,465	$ 467,122
Securities available for Sale - Fair Value
Due in one year or less	10,040
Due from one year to five years	236,944
Due beyond ten years	3,800
Total securities	550,218	471,355
Securities held to maturity - Carrying Value
Due in one year or less	110
Due from one year to five years	35,281
Due from five years to ten years	4,954
Total securities	54,563	62,531
Securities held to maturity - Fair Value
Due in one year or less	112
Due from one year to five years	35,660
Due from five years to ten years	4,985
Fair Value	55,163	63,156
Private label mortgage backed security
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	1,765
Amortized Cost	1,765	2,210
Securities available for Sale - Fair Value
Securities not due at a single maturity date	3,004
Total securities	3,004	3,495
Mortgage backed securities - residential
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	234,025
Amortized Cost	234,025	253,288
Securities available for Sale - Fair Value
Securities not due at a single maturity date	242,670
Total securities	242,670	255,847
Securities held to maturity - Carrying Value
Securities not due at a single maturity date	100
Total securities	100	104
Securities held to maturity - Fair Value
Securities not due at a single maturity date	105
Fair Value	105	110
Collateralized mortgage obligations
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	52,841
Amortized Cost	52,841	63,284
Securities available for Sale - Fair Value
Securities not due at a single maturity date	53,760
Total securities	53,760	63,371
Securities held to maturity - Carrying Value
Securities not due at a single maturity date	14,118
Total securities	14,118	16,970
Securities held to maturity - Fair Value
Securities not due at a single maturity date	14,301
Fair Value	$ 14,301	$ 17,043

INVESTMENT SECURITIES - INVESTM

INVESTMENT SECURITIES - INVESTMENT CATEGORY (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Available-for-sale debt securities
Less than 12 months Fair Value	$ 48,680	$ 118,239
Less than 12 months Unrealized Losses	(67)	(481)
12 months or more Fair Value		42,363
12 months or more Unrealized Losses		(231)
Total Fair Value	48,680	160,602
Total Unrealized Losses	$ (67)	$ (712)
Number of securities held	175	173
Number of securities held in an unrealized loss position	15	34
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
Less than 12 months Unrealized Losses		(2)
12 months or more Fair Value		4,827
12 months or more Unrealized Losses		(19)
Total Fair Value		4,831
Total Unrealized Losses		(21)
U.S. Treasury securities and U.S. Government agencies
Available-for-sale debt securities
Less than 12 months Fair Value	$ 39,951	40,165
Less than 12 months Unrealized Losses	(47)	(176)
12 months or more Fair Value		14,992
12 months or more Unrealized Losses		(8)
Total Fair Value	39,951	55,157
Total Unrealized Losses	(47)	(184)
Mortgage backed securities - residential
Available-for-sale debt securities
Less than 12 months Fair Value	447	65,630
Less than 12 months Unrealized Losses	(1)	(269)
12 months or more Fair Value		16,633
12 months or more Unrealized Losses		(88)
Total Fair Value	447	82,263
Total Unrealized Losses	(1)	(357)
Collateralized mortgage obligations
Available-for-sale debt securities
Less than 12 months Fair Value	8,282	12,444
Less than 12 months Unrealized Losses	(19)	(36)
12 months or more Fair Value		10,738
12 months or more Unrealized Losses		(135)
Total Fair Value	8,282	23,182
Total Unrealized Losses	$ (19)	(171)
Held-to-maturity debt securities
Less than 12 months Fair Value		4
Less than 12 months Unrealized Losses		(2)
12 months or more Fair Value		4,827
12 months or more Unrealized Losses		(19)
Total Fair Value		4,831
Total Unrealized Losses		$ (21)

INVESTMENT SECURITIES - CORPORA

INVESTMENT SECURITIES - CORPORATE BONDS AND MORTGAGE BACKED SECURITIES (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Private label mortgage backed security
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Securities	$ 3,004,000
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	$ 20,000	$ 528,000

INVESTMENT SECURITIES - TRUST P

INVESTMENT SECURITIES - TRUST PREFERRED SECURITY (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2015
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Amount of floating rate purchased	$ 278,878	$ 350,036
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	Sep. 30, 2020	Dec. 31, 2019
Bank's private label mortgage backed security credit losses recognized in earnings
Number of securities held	175	173
Available-for-sale debt securities, at fair value (amortized cost of $537,465 in 2020 and $467,122 in 2019, allowance for credit losses of $52 in 2020 and $0 in 2019)	$ 550,218	$ 471,355
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, at fair value (amortized cost of $537,465 in 2020 and $467,122 in 2019, allowance for credit losses of $52 in 2020 and $0 in 2019)	$ 3,004	$ 3,495

INVESTMENT SECURITIES - ACLS RO

INVESTMENT SECURITIES - ACLS ROLLFORWARD (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2020USD ($)
Debt Securities
Balance	$ 273
Provision	74	$ 296
Balance	347	347
Debt Securities, Held-to-maturity, Nonaccrual	0	0
Debt Securities, Held To Maturity, Collateral Dependent	0	0
Corporate bonds | Available-for-Sale Securities
Debt Securities
Balance	126
Provision	(74)	52
Balance	52	52
Corporate bonds | Held-to-Maturity Securities
Debt Securities
Balance	147
Provision	148	244
Balance	$ 295	295
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment
Debt Securities
Balance		51
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment | Corporate bonds | Held-to-Maturity Securities
Debt Securities
Balance		$ 51

INVESTMENT SECURITIES - PLEDGED

INVESTMENT SECURITIES - PLEDGED DEBT SECURITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
INVESTMENT SECURITIES
Carrying amount	$ 229,683	$ 229,700
Fair value	$ 229,762	$ 229,706

INVESTMENT SECURITIES - EQUITY

INVESTMENT SECURITIES - EQUITY SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Equity securities
Amortized Cost	$ 2,500		$ 2,500		$ 2,500
Gross Unrealized Gains			570		714
Gross Unrealized Losses					(26)
Fair Value	3,070		3,070		3,188
Gains (Losses) Recognized on Equity securities, Unrealized	54	$ 114	(118)	$ 561
Gains (Losses) Recognized on Equity securities, Total	54	114	(118)	561
Freddie Mac preferred stock
Equity securities
Gross Unrealized Gains			536		714
Fair Value	536		536		714
Gains (Losses) Recognized on Equity securities, Unrealized	50	95	(178)	472
Gains (Losses) Recognized on Equity securities, Total	50	95	(178)	472
Community Reinvestment Act mutual fund
Equity securities
Amortized Cost	2,500		2,500		2,500
Gross Unrealized Gains			34
Gross Unrealized Losses					(26)
Fair Value	2,534		2,534		$ 2,474
Gains (Losses) Recognized on Equity securities, Unrealized	4	19	60	89
Gains (Losses) Recognized on Equity securities, Total	$ 4	$ 19	$ 60	$ 89

LOANS HELD FOR SALE - CONSUMER

LOANS HELD FOR SALE - CONSUMER LOANS - HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020
Consumer Loans Held For Sale At Fair Value [RollForward]
Balance, beginning of period	$ 164	$ 598
Origination of consumer loans held for sale	1,559	49,300
Proceeds from the sale of consumer loans held for sale	(1,321)	(50,872)
Net gain on sale of consumer loans held for sale	47	1,423
Balance, end of period	$ 449	$ 449

LOANS HELD FOR SALE - CONSUME_2

LOANS HELD FOR SALE - CONSUMER LOANS - LOWER COST (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended		27 Months Ended
	Dec. 31, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Mar. 31, 2018
Carried at lower of cost or fair value
Balance, beginning of period		$ 12,801	$ 37,609	$ 11,646	$ 12,838
Origination of consumer loans held for sale		107,518	187,856	342,388	534,268
Proceeds from the sale of consumer loans held for sale		(109,669)	(208,211)	(344,919)	(532,471)
Net gain on sale of consumer loans held for sale		793	1,250	2,328	3,869
Balance, end of period	$ 11,646	$ 11,443	$ 18,504	$ 11,443	$ 18,504
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%
Republic Credit Solutions | Installment loan
Loans held for sale
Term for intent to sell loans	16 days					21 days
Republic Credit Solutions | Installment loan | Minimum
Loans held for sale
Loan held-for-sale term	12 months
Republic Credit Solutions | Installment loan | Maximum
Loans held for sale
Loan held-for-sale term	60 months

LOANS AND ALLOWANCE FOR CREDIT

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COMPOSITION OF LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Loans disclosures
Total loans	$ 4,994,374		$ 4,433,151
Allowance for loan and lease losses	(59,891)	$ (55,097)	(43,351)	$ (46,932)	$ (45,983)	$ (44,675)
Loans, net	4,934,483		4,389,800
Core Banking
Loans disclosures
Total loans	4,885,179		4,313,389
Allowance for loan and lease losses	(51,229)	(45,752)	(29,999)	(33,487)	(32,983)	(31,519)
Traditional Banking
Loans disclosures
Total loans	3,856,504		3,595,931
Allowance for loan and lease losses	(48,657)	(43,177)	(28,205)	(31,053)	(31,169)	(30,347)
Republic Processing Group
Loans disclosures
Total loans	109,195		119,762
Allowance for loan and lease losses	(8,662)	(9,345)	(13,352)	(13,445)	(13,000)	(13,156)
Residential Real Estate | Residential Real Estate - Owner Occupied
Loans disclosures
Total loans	885,011
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking
Loans disclosures
Total loans	885,011		949,568
Allowance for loan and lease losses	(9,641)	(9,303)	(4,729)	(5,003)	(5,213)	(6,035)
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Loans disclosures
Total loans	256,319
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Loans disclosures
Total loans	256,319		258,803
Allowance for loan and lease losses	(2,377)	(2,274)	(1,737)	(1,820)	(1,775)	(1,662)
Commercial Real Estate
Loans disclosures
Total loans	1,308,867
Commercial Real Estate | Traditional Banking
Loans disclosures
Total loans	1,308,867		1,303,000
Allowance for loan and lease losses	(20,963)	(16,300)	(10,486)	(10,549)	(10,566)	(10,030)
Construction & land development
Loans disclosures
Total loans	142,465
Construction & land development | Traditional Banking
Loans disclosures
Total loans	142,465		159,702
Allowance for loan and lease losses	(4,599)	(4,940)	(2,152)	(2,817)	(2,910)	(2,555)
Commercial and Industrial
Loans disclosures
Total loans	337,925
Commercial and Industrial | Traditional Banking
Loans disclosures
Total loans	337,925		468,209
Allowance for loan and lease losses	(2,884)	(2,405)	(2,882)	(4,377)	(4,221)	(2,873)
Paycheck Protection Program
Loans disclosures
Total loans	514,550
Paycheck Protection Program | Traditional Banking
Loans disclosures
Total loans	514,550
Lease Financing Receivables
Loans disclosures
Total loans	11,204
Lease Financing Receivables | Traditional Banking
Loans disclosures
Total loans	11,204		14,040
Allowance for loan and lease losses	(117)	(125)	(147)	(156)	(181)	(158)
Aircraft
Loans disclosures
Total loans	87,555
Aircraft | Traditional Banking
Loans disclosures
Total loans	87,555		58,941
Allowance for loan and lease losses	(219)	(208)	(176)	(147)	(125)	(91)
Consumer
Loans disclosures
Total loans	59,769
Consumer | Credit Cards | Traditional Banking
Loans disclosures
Total loans	14,373		17,836
Allowance for loan and lease losses	(942)	(928)	(1,020)	(1,023)	(1,028)	(1,140)
Consumer | Overdrafts | Traditional Banking
Loans disclosures
Total loans	705		1,522
Allowance for loan and lease losses	(705)	(488)	(1,169)	(1,075)	(894)	(1,102)
Consumer | Automobile loan | Traditional Banking
Loans disclosures
Total loans	35,683		52,923
Allowance for loan and lease losses	(406)	(473)	(612)	(653)	(708)	(724)
Consumer | Other consumer | Traditional Banking
Loans disclosures
Total loans	9,008		18,201
Allowance for loan and lease losses	(680)	(609)	(374)	(388)	(424)	(500)
Warehouse lines of credit
Loans disclosures
Total loans	1,028,675
Warehouse lines of credit | Core Banking
Loans disclosures
Total loans	1,028,675		717,458
Allowance for loan and lease losses	(2,572)	(2,575)	(1,794)	(2,434)	(1,814)	(1,172)
Tax Refund Solutions
Loans disclosures
Total loans	233
Tax Refund Solutions | Other TRS loans | Republic Processing Group
Loans disclosures
Total loans	233		14,365
Allowance for loan and lease losses	(141)	(211)	(234)	(234)	(232)	(107)
Republic Credit Solutions
Loans disclosures
Total loans	108,962
Republic Credit Solutions | Republic Processing Group
Loans disclosures
Total loans	108,962		105,397
Allowance for loan and lease losses	$ (8,521)	$ (9,134)	$ (13,118)	$ (13,211)	$ (12,768)	$ (13,049)

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Contractually receivable	$ 5,006,351	$ 4,432,351
Unearned income	(805)	(1,139)
Unamortized premiums	249	366
Unaccreted discounts	(1,040)	(2,534)
PPP net unamortized deferred origination fees and costs	(13,386)
Other Unamortized Net Deferred Origination Fees And Costs	3,005	4,107
Carrying value of loans	$ 4,994,374	$ 4,433,151

LOANS AND ALLOWANCE FOR CREDI_3

LOANS AND ALLOWANCE FOR CREDIT LOSSES - PAYCHECK PROTECTION PROGRAM (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded investments	$ 4,934,483	$ 4,389,800
Unaccreted net deferred origination fees	(13,386)
Small Business Administration (SBA), CARES Act, Paycheck Protection Program [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded investments	515,000
Unaccreted net deferred origination fees	13,000
Originated balance	528,000
PPPLF
Accounts, Notes, Loans and Financing Receivable [Line Items]
Outstanding borrowings	$ 0

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RISK CATEGORY (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Risk category of rated loans
2020	$ 1,137,459
2019	745,862
2018	431,595
2017	382,478
Prior	890,124
Revolving Loans Amortized Cost Basis	1,369,874
Revolving Loans Converted To Term Loans	36,982
Loans	4,994,374	$ 4,433,151
Pass
Risk category of rated loans
2020	1,131,863
2019	739,078
2018	430,565
2017	377,548
Prior	858,425
Revolving Loans Amortized Cost Basis	1,366,373
Revolving Loans Converted To Term Loans	34,162
Loans	4,938,014	2,648,380
Special Mention
Risk category of rated loans
2020	627
2019	4,397
2018	164
2017	2,869
Prior	12,167
Revolving Loans Amortized Cost Basis	126
Loans	20,350	21,754
Substandard
Risk category of rated loans
2020	4,969
2019	2,387
2018	866
2017	2,061
Prior	19,532
Revolving Loans Amortized Cost Basis	3,375
Revolving Loans Converted To Term Loans	2,820
Loans	36,010	33,297
PCI Loans - Group 1
Risk category of rated loans
Loans		797
PCI Loans - Substandard
Risk category of rated loans
Loans		1,289
Rated Loans
Risk category of rated loans
Loans		2,705,517
Core Banking
Risk category of rated loans
Loans	4,885,179	4,313,389
Core Banking | Pass
Risk category of rated loans
Loans		2,648,380
Core Banking | Special Mention
Risk category of rated loans
Loans		21,754
Core Banking | Substandard
Risk category of rated loans
Loans		32,889
Core Banking | PCI Loans - Group 1
Risk category of rated loans
Loans		797
Core Banking | PCI Loans - Substandard
Risk category of rated loans
Loans		1,289
Core Banking | Rated Loans
Risk category of rated loans
Loans		2,705,109
Traditional Banking
Risk category of rated loans
Loans	3,856,504	3,595,931
Traditional Banking | Pass
Risk category of rated loans
Loans		1,930,922
Traditional Banking | Special Mention
Risk category of rated loans
Loans		21,754
Traditional Banking | Substandard
Risk category of rated loans
Loans		32,889
Traditional Banking | PCI Loans - Group 1
Risk category of rated loans
Loans		797
Traditional Banking | PCI Loans - Substandard
Risk category of rated loans
Loans		1,289
Traditional Banking | Rated Loans
Risk category of rated loans
Loans		1,987,651
Republic Processing Group
Risk category of rated loans
Loans	109,195	119,762
Republic Processing Group | Substandard
Risk category of rated loans
Loans		408
Republic Processing Group | Rated Loans
Risk category of rated loans
Loans		408
Residential Real Estate | Residential Real Estate - Owner Occupied
Risk category of rated loans
2020	167,524
2019	152,929
2018	94,201
2017	77,435
Prior	392,922
Loans	885,011
Residential Real Estate | Residential Real Estate - Owner Occupied | Pass
Risk category of rated loans
2020	167,130
2019	151,524
2018	93,344
2017	75,143
Prior	369,495
Loans	856,636
Residential Real Estate | Residential Real Estate - Owner Occupied | Special Mention
Risk category of rated loans
2018	44
2017	1,619
Prior	9,310
Loans	10,973
Residential Real Estate | Residential Real Estate - Owner Occupied | Substandard
Risk category of rated loans
2020	394
2019	1,405
2018	813
2017	673
Prior	14,117
Loans	17,402
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking
Risk category of rated loans
Loans	885,011	949,568
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking | Special Mention
Risk category of rated loans
Loans		12,153
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking | Substandard
Risk category of rated loans
Loans		14,441
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking | PCI Loans - Group 1
Risk category of rated loans
Loans		140
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking | PCI Loans - Substandard
Risk category of rated loans
Loans		1,281
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking | Rated Loans
Risk category of rated loans
Loans		28,015
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
2020	41,458
2019	68,635
2018	50,298
2017	48,808
Prior	47,120
Loans	256,319
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Pass
Risk category of rated loans
2020	41,458
2019	68,635
2018	50,298
2017	48,808
Prior	46,364
Loans	255,563
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Substandard
Risk category of rated loans
Prior	756
Loans	756
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Risk category of rated loans
Loans	256,319	258,803
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking | Special Mention
Risk category of rated loans
Loans		487
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking | Substandard
Risk category of rated loans
Loans		1,285
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking | Rated Loans
Risk category of rated loans
Loans		1,772
Residential Real Estate | Home equity lines of credit
Risk category of rated loans
Revolving Loans Amortized Cost Basis	252,839
Loans	252,839
Residential Real Estate | Home equity lines of credit | Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	249,791
Loans	249,791
Residential Real Estate | Home equity lines of credit | Special Mention
Risk category of rated loans
Revolving Loans Amortized Cost Basis	126
Loans	126
Residential Real Estate | Home equity lines of credit | Substandard
Risk category of rated loans
Revolving Loans Amortized Cost Basis	2,922
Loans	2,922
Residential Real Estate | Home equity lines of credit | Traditional Banking
Risk category of rated loans
Loans	252,839	293,186
Residential Real Estate | Home equity lines of credit | Traditional Banking | Substandard
Risk category of rated loans
Loans		3,276
Residential Real Estate | Home equity lines of credit | Traditional Banking | PCI Loans - Group 1
Risk category of rated loans
Loans		4
Residential Real Estate | Home equity lines of credit | Traditional Banking | PCI Loans - Substandard
Risk category of rated loans
Loans		6
Residential Real Estate | Home equity lines of credit | Traditional Banking | Rated Loans
Risk category of rated loans
Loans		3,286
Commercial Real Estate
Risk category of rated loans
2020	203,922
2019	307,632
2018	194,335
2017	199,795
Prior	366,201
Revolving Loans Converted To Term Loans	36,982
Loans	1,308,867
Commercial Real Estate | Pass
Risk category of rated loans
2020	200,958
2019	305,221
2018	194,215
2017	197,348
Prior	358,958
Revolving Loans Converted To Term Loans	34,162
Loans	1,290,862
Commercial Real Estate | Special Mention
Risk category of rated loans
2019	1,988
2018	120
2017	1,250
Prior	2,830
Loans	6,188
Commercial Real Estate | Substandard
Risk category of rated loans
2020	2,964
2019	423
2017	1,197
Prior	4,413
Revolving Loans Converted To Term Loans	2,820
Loans	11,817
Commercial Real Estate | Traditional Banking
Risk category of rated loans
Loans	1,308,867	1,303,000
Commercial Real Estate | Traditional Banking | Pass
Risk category of rated loans
Loans		1,286,623
Commercial Real Estate | Traditional Banking | Special Mention
Risk category of rated loans
Loans		4,623
Commercial Real Estate | Traditional Banking | Substandard
Risk category of rated loans
Loans		11,123
Commercial Real Estate | Traditional Banking | PCI Loans - Group 1
Risk category of rated loans
Loans		631
Commercial Real Estate | Traditional Banking | Rated Loans
Risk category of rated loans
Loans		1,303,000
Construction & land development
Risk category of rated loans
2020	51,084
2019	47,115
2018	18,195
2017	5,563
Prior	20,508
Loans	142,465
Construction & land development | Pass
Risk category of rated loans
2020	50,950
2019	44,658
2018	18,195
2017	5,563
Prior	20,508
Loans	139,874
Construction & land development | Special Mention
Risk category of rated loans
2019	2,409
Loans	2,409
Construction & land development | Substandard
Risk category of rated loans
2020	134
2019	48
Loans	182
Construction & land development | Traditional Banking
Risk category of rated loans
Loans	142,465	159,702
Construction & land development | Traditional Banking | Pass
Risk category of rated loans
Loans		157,165
Construction & land development | Traditional Banking | Special Mention
Risk category of rated loans
Loans		2,339
Construction & land development | Traditional Banking | Substandard
Risk category of rated loans
Loans		198
Construction & land development | Traditional Banking | Rated Loans
Risk category of rated loans
Loans		159,702
Commercial and Industrial
Risk category of rated loans
2020	103,886
2019	106,768
2018	40,773
2017	36,229
Prior	50,269
Loans	337,925
Commercial and Industrial | Pass
Risk category of rated loans
2020	101,782
2019	106,292
2018	40,773
2017	36,229
Prior	50,249
Loans	335,325
Commercial and Industrial | Special Mention
Risk category of rated loans
2020	627
Prior	20
Loans	647
Commercial and Industrial | Substandard
Risk category of rated loans
2020	1,477
2019	476
Loans	1,953
Commercial and Industrial | Traditional Banking
Risk category of rated loans
Loans	337,925	468,209
Commercial and Industrial | Traditional Banking | Pass
Risk category of rated loans
Loans		464,067
Commercial and Industrial | Traditional Banking | Special Mention
Risk category of rated loans
Loans		2,152
Commercial and Industrial | Traditional Banking | Substandard
Risk category of rated loans
Loans		1,968
Commercial and Industrial | Traditional Banking | PCI Loans - Group 1
Risk category of rated loans
Loans		22
Commercial and Industrial | Traditional Banking | Rated Loans
Risk category of rated loans
Loans		468,209
Paycheck Protection Program
Risk category of rated loans
2020	514,550
Loans	514,550
Paycheck Protection Program | Pass
Risk category of rated loans
2020	514,550
Loans	514,550
Paycheck Protection Program | Traditional Banking
Risk category of rated loans
Loans	514,550
Aircraft
Risk category of rated loans
2020	31,658
2019	36,155
2018	18,316
2017	1,426
Loans	87,555
Aircraft | Pass
Risk category of rated loans
2020	31,658
2019	36,155
2018	18,316
2017	1,426
Loans	87,555
Aircraft | Traditional Banking
Risk category of rated loans
Loans	87,555	58,941
Aircraft | Traditional Banking | Pass
Risk category of rated loans
Loans		9,027
Aircraft | Traditional Banking | Rated Loans
Risk category of rated loans
Loans		9,027
Lease Financing Receivables
Risk category of rated loans
2020	876
2019	4,541
2018	1,949
2017	3,088
Prior	750
Loans	11,204
Lease Financing Receivables | Pass
Risk category of rated loans
2020	876
2019	4,541
2018	1,949
2017	3,088
Prior	750
Loans	11,204
Lease Financing Receivables | Traditional Banking
Risk category of rated loans
Loans	11,204	14,040
Lease Financing Receivables | Traditional Banking | Pass
Risk category of rated loans
Loans		14,040
Lease Financing Receivables | Traditional Banking | Rated Loans
Risk category of rated loans
Loans		14,040
Consumer
Risk category of rated loans
2020	363
2019	14,928
2018	10,478
2017	8,680
Prior	10,808
Revolving Loans Amortized Cost Basis	14,512
Loans	59,769
Consumer | Pass
Risk category of rated loans
2020	363
2019	14,893
2018	10,425
2017	8,489
Prior	10,555
Revolving Loans Amortized Cost Basis	14,512
Loans	59,237
Consumer | Special Mention
Risk category of rated loans
Prior	7
Loans	7
Consumer | Substandard
Risk category of rated loans
2019	35
2018	53
2017	191
Prior	246
Loans	525
Consumer | Credit Cards | Traditional Banking
Risk category of rated loans
Loans	14,373	17,836
Consumer | Overdrafts | Traditional Banking
Risk category of rated loans
Loans	705	1,522
Consumer | Automobile loan | Traditional Banking
Risk category of rated loans
Loans	35,683	52,923
Consumer | Automobile loan | Traditional Banking | Substandard
Risk category of rated loans
Loans		247
Consumer | Automobile loan | Traditional Banking | Rated Loans
Risk category of rated loans
Loans		247
Consumer | Other consumer | Traditional Banking
Risk category of rated loans
Loans	9,008	18,201
Consumer | Other consumer | Traditional Banking | Substandard
Risk category of rated loans
Loans		351
Consumer | Other consumer | Traditional Banking | PCI Loans - Substandard
Risk category of rated loans
Loans		2
Consumer | Other consumer | Traditional Banking | Rated Loans
Risk category of rated loans
Loans		353
Warehouse lines of credit
Risk category of rated loans
Revolving Loans Amortized Cost Basis	1,028,675
Loans	1,028,675
Warehouse lines of credit | Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	1,028,675
Loans	1,028,675
Warehouse lines of credit | Core Banking
Risk category of rated loans
Loans	1,028,675	717,458
Warehouse lines of credit | Core Banking | Pass
Risk category of rated loans
Loans		717,458
Warehouse lines of credit | Core Banking | Rated Loans
Risk category of rated loans
Loans		717,458
Tax Refund Solutions
Risk category of rated loans
Revolving Loans Amortized Cost Basis	233
Loans	233
Tax Refund Solutions | Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	93
Loans	93
Tax Refund Solutions | Substandard
Risk category of rated loans
Revolving Loans Amortized Cost Basis	140
Loans	140
Tax Refund Solutions | Other TRS loans | Republic Processing Group
Risk category of rated loans
Loans	233	14,365
Tax Refund Solutions | Other TRS loans | Republic Processing Group | Substandard
Risk category of rated loans
Loans		53
Tax Refund Solutions | Other TRS loans | Republic Processing Group | Rated Loans
Risk category of rated loans
Loans		53
Republic Credit Solutions
Risk category of rated loans
2020	22,138
2019	7,159
2018	3,050
2017	1,454
Prior	1,546
Revolving Loans Amortized Cost Basis	73,615
Loans	108,962
Republic Credit Solutions | Pass
Risk category of rated loans
2020	22,138
2019	7,159
2018	3,050
2017	1,454
Prior	1,546
Revolving Loans Amortized Cost Basis	73,302
Loans	108,649
Republic Credit Solutions | Substandard
Risk category of rated loans
Revolving Loans Amortized Cost Basis	313
Loans	313
Republic Credit Solutions | Republic Processing Group
Risk category of rated loans
Loans	$ 108,962	105,397
Republic Credit Solutions | Republic Processing Group | Substandard
Risk category of rated loans
Loans		355
Republic Credit Solutions | Republic Processing Group | Rated Loans
Risk category of rated loans
Loans		$ 355

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES - ALLOWANCE ACTIVITY (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Allowance for loan losses rollforward
Beginning Balance		$ 55,097	$ 45,983	$ 43,351	$ 44,675
Provision		1,426	3,153	30,498	24,844
Charged-off		(1,215)	(4,860)	(26,801)	(26,476)
Recoveries		4,583	2,656	6,109	3,889
Ending Balance	$ 55,097	$ 59,891	46,932	$ 59,891	46,932
Year of Horizon				1 year
U.S. unemployment rate	11.10%			7.90%
Financing receivable deferral and forbearance requests loans percentage of total loan		20.00%		20.00%
Minimum
Allowance for loan losses rollforward
Forecasted unemployment rate				5.00%
Maximum
Allowance for loan losses rollforward
Forecasted unemployment rate				8.00%
Core Banking
Allowance for loan losses rollforward
Beginning Balance		$ 45,752	32,983	$ 29,999	31,519
Provision		5,780	2,175	15,008	4,433
Charged-off		(509)	(1,971)	(1,731)	(3,374)
Recoveries		206	300	1,219	909
Ending Balance	$ 45,752	51,229	33,487	51,229	33,487
Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		43,177	31,169	28,205	30,347
Provision		5,783	1,555	14,230	3,171
Charged-off		(509)	(1,971)	(1,731)	(3,374)
Recoveries		206	300	1,219	909
Ending Balance	43,177	48,657	31,053	48,657	31,053
Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance		9,345	13,000	13,352	13,156
Provision		(4,354)	978	15,490	20,411
Charged-off		(706)	(2,889)	(25,070)	(23,102)
Recoveries		4,377	2,356	4,890	2,980
Ending Balance	9,345	8,662	13,445	8,662	13,445
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		9,303	5,213	4,729	6,035
Provision		330	(314)	648	(1,011)
Charged-off		(13)	(17)	(40)	(401)
Recoveries		21	121	105	380
Ending Balance	9,303	9,641	5,003	9,641	5,003
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		2,274	1,775	1,737	1,662
Provision		96	40	481	218
Charged-off					(73)
Recoveries		7	5	11	13
Ending Balance	2,274	2,377	1,820	2,377	1,820
Residential Real Estate | Home equity lines of credit | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		5,124	3,124	2,721	3,477
Provision		(7)	(102)	657	(480)
Charged-off		(14)		(14)	(13)
Recoveries		21	23	108	61
Ending Balance	5,124	5,124	3,045	5,124	3,045
Commercial Real Estate | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		16,300	10,566	10,486	10,030
Provision		4,663	1,390	10,002	1,922
Charged-off			(1,407)	(270)	(1,407)
Recoveries				472	4
Ending Balance	16,300	20,963	10,549	20,963	10,549
Construction & land development | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		4,940	2,910	2,152	2,555
Provision		(341)	(93)	1,000	262
Ending Balance	4,940	4,599	2,817	4,599	2,817
Commercial and Industrial | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		2,405	4,221	2,882	2,873
Provision		654	155	1,643	1,498
Charged-off		(255)		(447)
Recoveries		80	1	124	6
Ending Balance	2,405	2,884	4,377	2,884	4,377
Lease Financing Receivables | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		125	181	147	158
Provision		(8)	(25)	(30)	(2)
Ending Balance	125	117	156	117	156
Aircraft | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		208	125	176	91
Provision		11	22	43	56
Ending Balance	208	219	147	219	147
Consumer | Credit Cards | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		928	1,028	1,020	1,140
Provision		36	54	74	133
Charged-off		(29)	(77)	(206)	(303)
Recoveries		7	18	21	53
Ending Balance	928	942	1,023	942	1,023
Consumer | Overdrafts | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		488	894	1,169	1,102
Provision		324	491	13	760
Charged-off		(157)	(363)	(660)	(956)
Recoveries		50	53	183	169
Ending Balance	488	705	1,075	705	1,075
Consumer | Automobile loan | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		473	708	612	724
Provision		(67)	(32)	(220)	(55)
Charged-off			(23)	(8)	(23)
Recoveries				29	7
Ending Balance	473	406	653	406	653
Consumer | Other consumer | Traditional Banking
Allowance for loan losses rollforward
Beginning Balance		609	424	374	500
Provision		92	(31)	(81)	(130)
Charged-off		(41)	(84)	(86)	(198)
Recoveries		20	79	166	216
Ending Balance	609	680	388	680	388
Warehouse lines of credit | Core Banking
Allowance for loan losses rollforward
Beginning Balance		2,575	1,814	1,794	1,172
Provision		(3)	620	778	1,262
Ending Balance	2,575	2,572	2,434	2,572	2,434
Tax Refund Solutions | Easy Advances | Republic Processing Group
Allowance for loan losses rollforward
Provision		(4,294)	(2,098)	15,239	11,322
Charged-off				(19,575)	(13,425)
Recoveries		4,294	2,098	4,336	2,103
Tax Refund Solutions | Other TRS loans | Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance		211	232	234	107
Provision		(48)	90		496
Charged-off		(22)	(90)	(94)	(371)
Recoveries			2	1	2
Ending Balance	211	141	234	141	234
Republic Credit Solutions | Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance		9,134	12,768	13,118	13,049
Provision		(12)	2,986	251	8,593
Charged-off		(684)	(2,799)	(5,401)	(9,306)
Recoveries		83	256	553	875
Ending Balance	$ 9,134	$ 8,521	$ 13,211	8,521	$ 13,211
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				6,734
ASU 2016-13 | Core Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				6,734
ASU 2016-13 | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				6,734
ASU 2016-13 | Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				4,199
ASU 2016-13 | Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				148
ASU 2016-13 | Residential Real Estate | Home equity lines of credit | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				1,652
ASU 2016-13 | Commercial Real Estate | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				273
ASU 2016-13 | Construction & land development | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				1,447
ASU 2016-13 | Commercial and Industrial | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				(1,318)
ASU 2016-13 | Consumer | Credit Cards | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				33
ASU 2016-13 | Consumer | Automobile loan | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				(7)
ASU 2016-13 | Consumer | Other consumer | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				$ 307

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NON-PERFORMING LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 20,910	$ 23,332
Loans past due 90 days or more and still on accrual	175	157
Total nonperforming loans	21,085	23,489
Other real estate owned	2,056	113
Total nonperforming assets	$ 23,141	$ 23,602
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.42%	0.53%
Nonperforming assets to total loans (including OREO) (as percent)	0.46%	0.53%
Nonperforming assets to total assets (as percent)	0.37%	0.42%
Core Banking
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 20,910	$ 23,332
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.43%	0.54%
Nonperforming assets to total loans (including OREO) (as percent)	0.47%	0.54%
Nonperforming assets to total assets (as percent)	0.39%	0.43%

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NONACCRUAL (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2020USD ($)item	Dec. 31, 2019USD ($)
Aging or recorded investments in loans
Nonaccrual with ACLL	$ 3,239	$ 3,239
Nonaccrual with no ACLL	17,671	17,671
Nonaccrual	20,910	20,910	$ 23,332
Financing Receivable, 90 Days or More Past Due, Still Accruing	175	175	157
Interest Income Recognized on Nonaccrual Loans	317	$ 1,622
Number of consecutive months payments received before non-accrual loans returned to accrual status (in months) | item		6
Core Banking
Aging or recorded investments in loans
Nonaccrual	20,910	$ 20,910	23,332
Traditional Banking
Aging or recorded investments in loans
Nonaccrual	20,910	20,910	23,332
Republic Processing Group
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	175	175	157
Residential Real Estate | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	2,670	2,670
Nonaccrual with no ACLL	12,012	12,012
Nonaccrual	14,682	14,682
Interest Income Recognized on Nonaccrual Loans	252	649
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	14,682	14,682	12,220
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Nonaccrual with no ACLL	116	116
Nonaccrual	116	116
Interest Income Recognized on Nonaccrual Loans	2	6
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	116	116	623
Residential Real Estate | Home equity lines of credit
Aging or recorded investments in loans
Nonaccrual with ACLL	147	147
Nonaccrual with no ACLL	2,063	2,063
Nonaccrual	2,210	2,210
Interest Income Recognized on Nonaccrual Loans	29	81
Residential Real Estate | Home equity lines of credit | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	2,210	2,210	1,865
Commercial Real Estate
Aging or recorded investments in loans
Nonaccrual with ACLL	328	328
Nonaccrual with no ACLL	2,878	2,878
Nonaccrual	3,206	3,206
Interest Income Recognized on Nonaccrual Loans	17	854
Commercial Real Estate | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	3,206	3,206	6,865
Construction & land development
Aging or recorded investments in loans
Interest Income Recognized on Nonaccrual Loans	7	7
Construction & land development | Traditional Banking
Aging or recorded investments in loans
Nonaccrual			143
Commercial and Industrial
Aging or recorded investments in loans
Nonaccrual with no ACLL	522	522
Nonaccrual	522	522
Interest Income Recognized on Nonaccrual Loans	7	16
Commercial and Industrial | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	522	522	1,424
Consumer
Aging or recorded investments in loans
Nonaccrual with ACLL	94	94
Nonaccrual with no ACLL	80	80
Nonaccrual	174	174
Interest Income Recognized on Nonaccrual Loans	3	9
Consumer | Automobile loan | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	161	161	179
Consumer | Other consumer | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	13	13	13
Tax Refund Solutions | Other TRS loans | Republic Processing Group
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	140	140	53
Republic Credit Solutions | Republic Processing Group
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	$ 35	$ 35	$ 104

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES - DELINQUENT LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Aging or recorded investments in loans
Total Loans Delinquent	$ 17,053	$ 20,804
Total Loans Not Delinquent	4,977,321	4,412,347
Carrying value of loans	$ 4,994,374	$ 4,433,151
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.34%	0.47%
30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 8,368	$ 10,090
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.17%	0.23%
60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 1,916	$ 3,063
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.04%	0.07%
90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 6,769	$ 7,651
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.14%	0.17%
Residential Real Estate | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	$ 885,011
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	256,319
Residential Real Estate | Home equity lines of credit
Aging or recorded investments in loans
Carrying value of loans	252,839
Commercial Real Estate
Aging or recorded investments in loans
Carrying value of loans	1,308,867
Construction & land development
Aging or recorded investments in loans
Carrying value of loans	142,465
Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	337,925
Paycheck Protection Program
Aging or recorded investments in loans
Carrying value of loans	514,550
Lease Financing Receivables
Aging or recorded investments in loans
Carrying value of loans	11,204
Aircraft
Aging or recorded investments in loans
Carrying value of loans	87,555
Consumer
Aging or recorded investments in loans
Carrying value of loans	59,769
Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	1,028,675
Tax Refund Solutions
Aging or recorded investments in loans
Carrying value of loans	233
Republic Credit Solutions
Aging or recorded investments in loans
Carrying value of loans	108,962
Core Banking
Aging or recorded investments in loans
Total Loans Delinquent	11,069	$ 13,042
Total Loans Not Delinquent	4,874,110	4,300,347
Carrying value of loans	4,885,179	4,313,389
Core Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	3,909	4,001
Core Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	566	1,547
Core Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	6,594	7,494
Core Banking | Warehouse lines of credit
Aging or recorded investments in loans
Total Loans Not Delinquent	1,028,675	717,458
Carrying value of loans	1,028,675	717,458
Traditional Banking
Aging or recorded investments in loans
Total Loans Delinquent	11,069	13,042
Total Loans Not Delinquent	3,845,435	3,582,889
Carrying value of loans	3,856,504	3,595,931
Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	3,909	4,001
Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	566	1,547
Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	6,594	7,494
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Total Loans Delinquent	3,494	4,434
Total Loans Not Delinquent	881,517	945,134
Carrying value of loans	885,011	949,568
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	621	1,460
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	497	1,153
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,376	1,821
Traditional Banking | Residential Real Estate | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Total Loans Delinquent		539
Total Loans Not Delinquent	256,319	258,264
Carrying value of loans	256,319	258,803
Traditional Banking | Residential Real Estate | Residential Real Estate - Non Owner Occupied | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		539
Traditional Banking | Residential Real Estate | Home equity lines of credit
Aging or recorded investments in loans
Total Loans Delinquent	1,096	2,918
Total Loans Not Delinquent	251,743	290,268
Carrying value of loans	252,839	293,186
Traditional Banking | Residential Real Estate | Home equity lines of credit | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	270	1,810
Traditional Banking | Residential Real Estate | Home equity lines of credit | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		166
Traditional Banking | Residential Real Estate | Home equity lines of credit | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	826	942
Traditional Banking | Commercial Real Estate
Aging or recorded investments in loans
Total Loans Delinquent	5,617	3,300
Total Loans Not Delinquent	1,303,250	1,299,700
Carrying value of loans	1,308,867	1,303,000
Traditional Banking | Commercial Real Estate | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,739	155
Traditional Banking | Commercial Real Estate | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	2,878	3,145
Traditional Banking | Construction & land development
Aging or recorded investments in loans
Total Loans Not Delinquent	142,465	159,702
Carrying value of loans	142,465	159,702
Traditional Banking | Commercial and Industrial
Aging or recorded investments in loans
Total Loans Delinquent	488	1,355
Total Loans Not Delinquent	337,437	466,854
Carrying value of loans	337,925	468,209
Traditional Banking | Commercial and Industrial | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		200
Traditional Banking | Commercial and Industrial | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		128
Traditional Banking | Commercial and Industrial | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	488	1,027
Traditional Banking | Paycheck Protection Program
Aging or recorded investments in loans
Total Loans Not Delinquent	514,550
Carrying value of loans	514,550
Traditional Banking | Lease Financing Receivables
Aging or recorded investments in loans
Total Loans Not Delinquent	11,204	14,040
Carrying value of loans	11,204	14,040
Traditional Banking | Aircraft
Aging or recorded investments in loans
Total Loans Not Delinquent	87,555	58,941
Carrying value of loans	87,555	58,941
Traditional Banking | Consumer | Credit Cards
Aging or recorded investments in loans
Total Loans Delinquent	125	155
Total Loans Not Delinquent	14,248	17,681
Carrying value of loans	14,373	17,836
Traditional Banking | Consumer | Credit Cards | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	62	80
Traditional Banking | Consumer | Credit Cards | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	63	75
Traditional Banking | Consumer | Overdrafts
Aging or recorded investments in loans
Total Loans Delinquent	141	283
Total Loans Not Delinquent	564	1,239
Carrying value of loans	705	1,522
Traditional Banking | Consumer | Overdrafts | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	141	278
Traditional Banking | Consumer | Overdrafts | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		4
Traditional Banking | Consumer | Overdrafts | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		1
Traditional Banking | Consumer | Automobile loan
Aging or recorded investments in loans
Total Loans Delinquent	94	49
Total Loans Not Delinquent	35,589	52,874
Carrying value of loans	35,683	52,923
Traditional Banking | Consumer | Automobile loan | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	68	16
Traditional Banking | Consumer | Automobile loan | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		15
Traditional Banking | Consumer | Automobile loan | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	26	18
Traditional Banking | Consumer | Other consumer
Aging or recorded investments in loans
Total Loans Delinquent	14	9
Total Loans Not Delinquent	8,994	18,192
Carrying value of loans	9,008	18,201
Traditional Banking | Consumer | Other consumer | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	8	2
Traditional Banking | Consumer | Other consumer | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	6	6
Traditional Banking | Consumer | Other consumer | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		1
Republic Processing Group
Aging or recorded investments in loans
Total Loans Delinquent	5,984	7,762
Total Loans Not Delinquent	103,211	112,000
Carrying value of loans	109,195	119,762
Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4,459	6,089
Republic Processing Group | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,350	1,516
Republic Processing Group | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	175	157
Republic Processing Group | Tax Refund Solutions | Other TRS loans
Aging or recorded investments in loans
Total Loans Delinquent	140	119
Total Loans Not Delinquent	93	14,246
Carrying value of loans	233	14,365
Republic Processing Group | Tax Refund Solutions | Other TRS loans | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		35
Republic Processing Group | Tax Refund Solutions | Other TRS loans | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent		31
Republic Processing Group | Tax Refund Solutions | Other TRS loans | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	140	53
Republic Processing Group | Republic Credit Solutions
Aging or recorded investments in loans
Total Loans Delinquent	5,844	7,643
Total Loans Not Delinquent	103,118	97,754
Carrying value of loans	108,962	105,397
Republic Processing Group | Republic Credit Solutions | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	4,459	6,054
Republic Processing Group | Republic Credit Solutions | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	1,350	1,485
Republic Processing Group | Republic Credit Solutions | 90 + Days Delinquent
Aging or recorded investments in loans
Total Loans Delinquent	$ 35	$ 104

LOANS AND ALLOWANCE FOR CREDI_9

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COLLATERAL DEPENDENT LOANS (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)
Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of selling cost on collateral	10.00%
Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of selling cost on collateral	13.00%
Traditional Banking | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	$ 32,347
Traditional Banking | Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	2,438
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	17,628
Traditional Banking | Residential Real Estate | Residential Real Estate - Non Owner Occupied | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	756
Traditional Banking | Residential Real Estate | Home equity lines of credit | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	2,945
Traditional Banking | Commercial Real Estate | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	10,884
Traditional Banking | Construction & land development | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	134
Traditional Banking | Commercial and Industrial | Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	1,906
Traditional Banking | Consumer | Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	$ 532

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES - IMPAIRED LOANS (Details) $ in Thousands	Dec. 31, 2019USD ($)
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Loans with no allocated ACLL	$ 33,061
Loans with allocated ACLL	17,289
Total recorded investment in impaired loans	50,350
Amount of allocated ACLL	$ 2,512

LOANS AND ALLOWANCE FOR CRED_11

LOANS AND ALLOWANCE FOR CREDIT LOSSES - PORTFOLIO CLASS (Details) $ in Thousands	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 2,321
Collectively evaluated for impairment			40,839
PCI loans with post acquisition impairment			191
Total ending allowance for loan losses	$ 59,891	$ 55,097	43,351	$ 46,932	$ 45,983	$ 44,675
Impaired loans individually evaluated, excluding PCI loans			48,287
Loans collectively evaluated for impairment			4,382,778
PCI loans with post acquisition impairment			2,063
PCI loans without post acquisition impairment			23
Carrying value of loans	4,994,374		$ 4,433,151
Allowance to Total Loans			0.98
Residential Real Estate | Residential Real Estate - Owner Occupied
Allowance for loans losses
Carrying value of loans	885,011
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Allowance for loans losses
Carrying value of loans	256,319
Residential Real Estate | Home equity lines of credit
Allowance for loans losses
Carrying value of loans	252,839
Commercial Real Estate
Allowance for loans losses
Carrying value of loans	1,308,867
Construction & land development
Allowance for loans losses
Carrying value of loans	142,465
Commercial and Industrial
Allowance for loans losses
Carrying value of loans	337,925
Lease Financing Receivables
Allowance for loans losses
Carrying value of loans	11,204
Aircraft
Allowance for loans losses
Carrying value of loans	87,555
Consumer
Allowance for loans losses
Carrying value of loans	59,769
Warehouse lines of credit
Allowance for loans losses
Carrying value of loans	1,028,675
Tax Refund Solutions
Allowance for loans losses
Carrying value of loans	233
Republic Credit Solutions
Allowance for loans losses
Carrying value of loans	108,962
Core Banking
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 2,205
Collectively evaluated for impairment			27,603
PCI loans with post acquisition impairment			191
Total ending allowance for loan losses	51,229	45,752	29,999	33,487	32,983	31,519
Impaired loans individually evaluated, excluding PCI loans			48,036
Loans collectively evaluated for impairment			4,263,267
PCI loans with post acquisition impairment			2,063
PCI loans without post acquisition impairment			23
Carrying value of loans	4,885,179		$ 4,313,389
Allowance to Total Loans			0.70
Core Banking | Warehouse lines of credit
Allowance for loans losses
Collectively evaluated for impairment			$ 1,794
Total ending allowance for loan losses	2,572	2,575	1,794	2,434	1,814	1,172
Loans collectively evaluated for impairment			717,458
Carrying value of loans	1,028,675		$ 717,458
Allowance to Total Loans			0.25
Traditional Banking
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 2,205
Collectively evaluated for impairment			25,809
PCI loans with post acquisition impairment			191
Total ending allowance for loan losses	48,657	43,177	28,205	31,053	31,169	30,347
Impaired loans individually evaluated, excluding PCI loans			48,036
Loans collectively evaluated for impairment			3,545,809
PCI loans with post acquisition impairment			2,063
PCI loans without post acquisition impairment			23
Carrying value of loans	3,856,504		$ 3,595,931
Allowance to Total Loans			0.78
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 1,207
Collectively evaluated for impairment			3,337
PCI loans with post acquisition impairment			185
Total ending allowance for loan losses	9,641	9,303	4,729	5,003	5,213	6,035
Impaired loans individually evaluated, excluding PCI loans			25,384
Loans collectively evaluated for impairment			922,764
PCI loans with post acquisition impairment			1,420
Carrying value of loans	885,011		$ 949,568
Allowance to Total Loans			0.50
Traditional Banking | Residential Real Estate | Residential Real Estate - Non Owner Occupied
Allowance for loans losses
Collectively evaluated for impairment			$ 1,737
Total ending allowance for loan losses	2,377	2,274	1,737	1,820	1,775	1,662
Impaired loans individually evaluated, excluding PCI loans			1,448
Loans collectively evaluated for impairment			257,355
Carrying value of loans	256,319		$ 258,803
Allowance to Total Loans			0.67
Traditional Banking | Residential Real Estate | Home equity lines of credit
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 174
Collectively evaluated for impairment			2,547
Total ending allowance for loan losses	5,124	5,124	2,721	3,045	3,124	3,477
Impaired loans individually evaluated, excluding PCI loans			3,276
Loans collectively evaluated for impairment			289,900
PCI loans with post acquisition impairment			10
Carrying value of loans	252,839		$ 293,186
Allowance to Total Loans			0.93
Traditional Banking | Commercial Real Estate
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 426
Collectively evaluated for impairment			10,054
PCI loans with post acquisition impairment			6
Total ending allowance for loan losses	20,963	16,300	10,486	10,549	10,566	10,030
Impaired loans individually evaluated, excluding PCI loans			15,144
Loans collectively evaluated for impairment			1,287,225
PCI loans with post acquisition impairment			631
Carrying value of loans	1,308,867		$ 1,303,000
Allowance to Total Loans			0.80
Traditional Banking | Construction & land development
Allowance for loans losses
Collectively evaluated for impairment			$ 2,152
Total ending allowance for loan losses	4,599	4,940	2,152	2,817	2,910	2,555
Impaired loans individually evaluated, excluding PCI loans			198
Loans collectively evaluated for impairment			159,504
Carrying value of loans	142,465		$ 159,702
Allowance to Total Loans			1.35
Traditional Banking | Commercial and Industrial
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 22
Collectively evaluated for impairment			2,860
Total ending allowance for loan losses	2,884	2,405	2,882	4,377	4,221	2,873
Impaired loans individually evaluated, excluding PCI loans			1,989
Loans collectively evaluated for impairment			466,198
PCI loans without post acquisition impairment			22
Carrying value of loans	337,925		$ 468,209
Allowance to Total Loans			0.62
Traditional Banking | Lease Financing Receivables
Allowance for loans losses
Collectively evaluated for impairment			$ 147
Total ending allowance for loan losses	117	125	147	156	181	158
Loans collectively evaluated for impairment			14,040
Carrying value of loans	11,204		$ 14,040
Allowance to Total Loans			1.05
Traditional Banking | Aircraft
Allowance for loans losses
Collectively evaluated for impairment			$ 176
Total ending allowance for loan losses	219	208	176	147	125	91
Loans collectively evaluated for impairment			58,941
Carrying value of loans	87,555		$ 58,941
Allowance to Total Loans			0.30
Traditional Banking | Consumer | Credit Cards
Allowance for loans losses
Collectively evaluated for impairment			$ 1,020
Total ending allowance for loan losses	942	928	1,020	1,023	1,028	1,140
Loans collectively evaluated for impairment			17,836
Carrying value of loans	14,373		$ 17,836
Allowance to Total Loans			5.72
Traditional Banking | Consumer | Overdrafts
Allowance for loans losses
Collectively evaluated for impairment			$ 1,169
Total ending allowance for loan losses	705	488	1,169	1,075	894	1,102
Loans collectively evaluated for impairment			1,522
Carrying value of loans	705		$ 1,522
Allowance to Total Loans			76.81
Traditional Banking | Consumer | Automobile loan
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 43
Collectively evaluated for impairment			569
Total ending allowance for loan losses	406	473	612	653	708	724
Impaired loans individually evaluated, excluding PCI loans			247
Loans collectively evaluated for impairment			52,676
Carrying value of loans	35,683		$ 52,923
Allowance to Total Loans			1.16
Traditional Banking | Consumer | Other consumer
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 333
Collectively evaluated for impairment			41
Total ending allowance for loan losses	680	609	374	388	424	500
Impaired loans individually evaluated, excluding PCI loans			350
Loans collectively evaluated for impairment			17,848
PCI loans with post acquisition impairment			2
PCI loans without post acquisition impairment			1
Carrying value of loans	9,008		$ 18,201
Allowance to Total Loans			2.05
Republic Processing Group
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 116
Collectively evaluated for impairment			13,236
Total ending allowance for loan losses	8,662	9,345	13,352	13,445	13,000	13,156
Impaired loans individually evaluated, excluding PCI loans			251
Loans collectively evaluated for impairment			119,511
Carrying value of loans	109,195		$ 119,762
Allowance to Total Loans			11.15
Republic Processing Group | Tax Refund Solutions | Other TRS loans
Allowance for loans losses
Collectively evaluated for impairment			$ 234
Total ending allowance for loan losses	141	211	234	234	232	107
Loans collectively evaluated for impairment			14,365
Carrying value of loans	233		$ 14,365
Allowance to Total Loans			1.63
Republic Processing Group | Republic Credit Solutions
Allowance for loans losses
Individually evaluated for impairment, excluding PCI loans			$ 116
Collectively evaluated for impairment			13,002
Total ending allowance for loan losses	8,521	$ 9,134	13,118	$ 13,211	$ 12,768	$ 13,049
Impaired loans individually evaluated, excluding PCI loans			251
Loans collectively evaluated for impairment			105,146
Carrying value of loans	$ 108,962		$ 105,397
Allowance to Total Loans			12.45

LOANS AND ALLOWANCE FOR CRED_12

LOANS AND ALLOWANCE FOR CREDIT LOSSES - LOANS EVALUATED FOR IMPAIRMENT BY CLASS OF LOANS (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Dec. 31, 2019
Impaired loans with no allocated Allowance:
Recorded Investment			$ 33,061
Impaired loans with allocated Allowance:
Recorded Investment			17,289
Allowance for Loan Losses Allocated			2,512
Total impaired loans
Unpaid Principal Balance			55,473
Recorded Investment			50,350
Allowance for Loan Losses Allocated			2,512
Average Recorded Investment	$ 45,595	$ 43,158
Interest Income Recognized	390	1,059
Residential Real Estate | Residential Real Estate - Owner Occupied
Impaired loans with no allocated Allowance:
Unpaid Principal Balance			14,768
Recorded Investment			13,893
Average Recorded Investment	13,244	11,952
Interest Income Recognized	60	169
Impaired loans with allocated Allowance:
Unpaid Principal Balance			12,954
Recorded Investment			12,911
Allowance for Loan Losses Allocated			1,392
Average Recorded Investment	12,795	14,547
Interest Income Recognized	136	401
Total impaired loans
Allowance for Loan Losses Allocated			1,392
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Impaired loans with no allocated Allowance:
Unpaid Principal Balance			1,515
Recorded Investment			1,448
Average Recorded Investment	1,226	1,651
Interest Income Recognized	28	72
Impaired loans with allocated Allowance:
Average Recorded Investment	216	122
Residential Real Estate | Home equity lines of credit
Impaired loans with no allocated Allowance:
Unpaid Principal Balance			3,107
Recorded Investment			3,023
Average Recorded Investment	2,127	1,603
Interest Income Recognized	17	46
Impaired loans with allocated Allowance:
Unpaid Principal Balance			263
Recorded Investment			263
Allowance for Loan Losses Allocated			174
Average Recorded Investment	448	494
Interest Income Recognized	2	6
Total impaired loans
Allowance for Loan Losses Allocated			174
Commercial Real Estate
Impaired loans with no allocated Allowance:
Unpaid Principal Balance			15,028
Recorded Investment			12,547
Average Recorded Investment	7,078	5,529
Interest Income Recognized	98	221
Impaired loans with allocated Allowance:
Unpaid Principal Balance			3,228
Recorded Investment			3,228
Allowance for Loan Losses Allocated			432
Average Recorded Investment	3,484	3,921
Interest Income Recognized	38	116
Total impaired loans
Allowance for Loan Losses Allocated			432
Construction & land development
Impaired loans with no allocated Allowance:
Unpaid Principal Balance			198
Recorded Investment			198
Average Recorded Investment	30	15
Impaired loans with allocated Allowance:
Average Recorded Investment	29	47
Interest Income Recognized	1	2
Commercial and Industrial
Impaired loans with no allocated Allowance:
Unpaid Principal Balance			3,308
Recorded Investment			1,792
Average Recorded Investment	614	616
Interest Income Recognized	2	3
Impaired loans with allocated Allowance:
Unpaid Principal Balance			197
Recorded Investment			197
Allowance for Loan Losses Allocated			22
Average Recorded Investment	3,773	2,108
Interest Income Recognized	3	7
Total impaired loans
Allowance for Loan Losses Allocated			22
Consumer
Impaired loans with no allocated Allowance:
Unpaid Principal Balance			206
Recorded Investment			160
Average Recorded Investment	59	45
Interest Income Recognized	1	3
Impaired loans with allocated Allowance:
Unpaid Principal Balance			701
Recorded Investment			690
Allowance for Loan Losses Allocated			492
Average Recorded Investment	472	508
Interest Income Recognized	$ 4	$ 13
Total impaired loans
Allowance for Loan Losses Allocated			$ 492

LOANS AND ALLOWANCE FOR CRED_13

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR ACCRUAL STATUS (Details) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020USD ($)loan	Dec. 31, 2019USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,288	1,828
Recorded Investment | $	$ 24,168	$ 30,781
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	68	61
Recorded Investment | $	$ 5,517	$ 9,866
Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,220	1,767
Recorded Investment | $	$ 18,651	$ 20,915
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	190	194
Recorded Investment | $	$ 17,382	$ 19,770
Residential Real Estate | Loans on nonaccrual status
Troubled Debt Restructurings disclosures
Number of Loans | loan	65	53
Recorded Investment | $	$ 5,231	$ 4,402
Residential Real Estate | Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	125	141
Recorded Investment | $	$ 12,151	$ 15,368
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	7	13
Recorded Investment | $	$ 6,130	$ 8,925
Commercial Real Estate | Loans on nonaccrual status
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	4
Recorded Investment | $	$ 271	$ 4,040
Commercial Real Estate | Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	5	9
Recorded Investment | $	$ 5,859	$ 4,885
Construction & land development
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1
Recorded Investment | $	$ 47	$ 54
Construction & land development | Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1
Recorded Investment | $	$ 47	$ 54
Commercial and Industrial
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	7
Recorded Investment | $	$ 21	$ 1,446
Commercial and Industrial | Loans on nonaccrual status
Troubled Debt Restructurings disclosures
Number of Loans | loan		4
Recorded Investment | $		$ 1,424
Commercial and Industrial | Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	3
Recorded Investment | $	$ 21	$ 22
Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,088	1,613
Recorded Investment | $	$ 588	$ 586
Consumer | Loans on nonaccrual status
Troubled Debt Restructurings disclosures
Number of Loans | loan	1
Recorded Investment | $	$ 15
Consumer | Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,087	1,613
Recorded Investment | $	$ 573	$ 586

LOANS AND ALLOWANCE FOR CRED_14

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR MODIFICATIONS (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020USD ($)loan	Sep. 30, 2019USD ($)loan	Sep. 30, 2020USD ($)loan	Sep. 30, 2019USD ($)loan	Dec. 31, 2019USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans | loan			2,288		1,828
Recorded Investment			$ 24,168,000		$ 30,781,000
Commitments to lend any additional material amounts to existing TDR relationships	$ 0		0		$ 0
Change between the pre and post modification loan	$ 0	$ 0	$ 0	$ 0
Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	230	11	1,510	42
Recorded Investment	$ 274,000	$ 1,004,000	$ 834,000	$ 6,293,000
Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan			2,272		1,811
Recorded Investment			$ 20,126,000		$ 28,138,000
Percentage of troubled debt restructurings performing as per terms of modifications	83.00%		83.00%		91.00%
Specific reserve allocations made to customers	$ 2,000,000		$ 2,000,000		$ 2,000,000
Percentage of Bank's TDRs that occurred during period, which were performing according to their modified terms	91.00%	68.00%	84.00%	48.00%
Specific reserve allocations made to customers whose loan terms were modified in TDRs during period	$ 29,000	$ 980,000	$ 121,000	$ 1,500,000
Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	228	6	1,507	30
Recorded Investment	$ 250,000	$ 687,000	$ 702,000	$ 3,018,000
Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan			16		17
Recorded Investment			$ 4,042,000		$ 2,643,000
Nonperforming Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	5	3	12
Recorded Investment	$ 24,000	$ 317,000	$ 132,000	$ 3,275,000
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan			190		194
Recorded Investment			$ 17,382,000		$ 19,770,000
Residential Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan			1		1
Recorded Investment			$ 841,000		$ 904,000
Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			113		123
Recorded Investment			$ 11,512,000		$ 14,199,000
Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			11		10
Recorded Investment			$ 1,035,000		$ 1,024,000
Residential Real Estate | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			65		60
Recorded Investment			$ 3,994,000		$ 3,643,000
Residential Real Estate | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	8	9	16	35
Recorded Investment	$ 230,000	$ 992,000	$ 615,000	$ 3,131,000
Residential Real Estate | Modified During The Period | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			3	1
Recorded Investment			$ 58,000	$ 371,000
Residential Real Estate | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	3			1
Recorded Investment	$ 58,000			$ 4,000
Residential Real Estate | Modified During The Period | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	5	9	13	33
Recorded Investment	$ 172,000	$ 992,000	$ 557,000	$ 2,756,000
Residential Real Estate | Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan			177		181
Recorded Investment			$ 16,350,000		$ 18,796,000
Residential Real Estate | Performing Financing Receivable | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan			1		1
Recorded Investment			$ 841,000		$ 904,000
Residential Real Estate | Performing Financing Receivable | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			110		118
Recorded Investment			$ 11,253,000		$ 13,847,000
Residential Real Estate | Performing Financing Receivable | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			9		8
Recorded Investment			$ 869,000		$ 845,000
Residential Real Estate | Performing Financing Receivable | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			57		54
Recorded Investment			$ 3,387,000		$ 3,200,000
Residential Real Estate | Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	6	5	13	26
Recorded Investment	$ 206,000	$ 677,000	$ 483,000	$ 2,430,000
Residential Real Estate | Performing Financing Receivable | Modified During The Period | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			2	1
Recorded Investment			$ 54,000	$ 371,000
Residential Real Estate | Performing Financing Receivable | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	2			1
Recorded Investment	$ 54,000			$ 4,000
Residential Real Estate | Performing Financing Receivable | Modified During The Period | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	4	5	11	24
Recorded Investment	$ 152,000	$ 677,000	$ 429,000	$ 2,055,000
Residential Real Estate | Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan			13		13
Recorded Investment			$ 1,032,000		$ 974,000
Residential Real Estate | Nonperforming Financing Receivable | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			3		5
Recorded Investment			$ 259,000		$ 352,000
Residential Real Estate | Nonperforming Financing Receivable | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			2		2
Recorded Investment			$ 166,000		$ 179,000
Residential Real Estate | Nonperforming Financing Receivable | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			8		6
Recorded Investment			$ 607,000		$ 443,000
Residential Real Estate | Nonperforming Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	4	3	9
Recorded Investment	$ 24,000	$ 315,000	$ 132,000	$ 701,000
Residential Real Estate | Nonperforming Financing Receivable | Modified During The Period | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 4,000
Residential Real Estate | Nonperforming Financing Receivable | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	1
Recorded Investment	$ 4,000
Residential Real Estate | Nonperforming Financing Receivable | Modified During The Period | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	4	2	9
Recorded Investment	$ 20,000	$ 315,000	$ 128,000	$ 701,000
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan			7		13
Recorded Investment			$ 6,130,000		$ 8,925,000
Commercial Real Estate | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan					3
Recorded Investment					$ 1,568,000
Commercial Real Estate | Performing Financing Receivable | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan					3
Recorded Investment					$ 1,568,000
Commercial related and construction/land development
Troubled Debt Restructurings disclosures
Number of Loans | loan			10		21
Recorded Investment			$ 6,198,000		$ 10,425,000
Commercial related and construction/land development | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 502,000
Commercial related and construction/land development | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			3		4
Recorded Investment			$ 1,100,000		$ 1,252,000
Commercial related and construction/land development | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			6		12
Recorded Investment			$ 4,596,000		$ 6,578,000
Commercial related and construction/land development | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan					2
Recorded Investment					$ 1,027,000
Commercial related and construction/land development | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan			1	5
Recorded Investment			$ 21,000	$ 3,150,000
Commercial related and construction/land development | Modified During The Period | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan				1
Recorded Investment				$ 553,000
Commercial related and construction/land development | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			1	2
Recorded Investment			$ 21,000	$ 25,000
Commercial related and construction/land development | Modified During The Period | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan				2
Recorded Investment				$ 2,572,000
Commercial related and construction/land development | Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan			7		17
Recorded Investment			$ 3,188,000		$ 8,756,000
Commercial related and construction/land development | Performing Financing Receivable | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 502,000
Commercial related and construction/land development | Performing Financing Receivable | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			2		3
Recorded Investment			$ 1,055,000		$ 1,207,000
Commercial related and construction/land development | Performing Financing Receivable | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			4		11
Recorded Investment			$ 1,631,000		$ 5,981,000
Commercial related and construction/land development | Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan			1	3
Recorded Investment			$ 21,000	$ 578,000
Commercial related and construction/land development | Performing Financing Receivable | Modified During The Period | Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans | loan				1
Recorded Investment				$ 553,000
Commercial related and construction/land development | Performing Financing Receivable | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			1	2
Recorded Investment			$ 21,000	$ 25,000
Commercial related and construction/land development | Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan			3		4
Recorded Investment			$ 3,010,000		$ 1,669,000
Commercial related and construction/land development | Nonperforming Financing Receivable | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			1		1
Recorded Investment			$ 45,000		$ 45,000
Commercial related and construction/land development | Nonperforming Financing Receivable | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			2		1
Recorded Investment			$ 2,965,000		$ 597,000
Commercial related and construction/land development | Nonperforming Financing Receivable | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan					2
Recorded Investment					$ 1,027,000
Commercial related and construction/land development | Nonperforming Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan				2
Recorded Investment				$ 2,572,000
Commercial related and construction/land development | Nonperforming Financing Receivable | Modified During The Period | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan				2
Recorded Investment				$ 2,572,000
Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan			2,088		1,613
Recorded Investment			$ 588,000		$ 586,000
Consumer | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			2,086		1,612
Recorded Investment			$ 565,000		$ 577,000
Consumer | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			2		1
Recorded Investment			$ 23,000		$ 9,000
Consumer | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	222	2	1,493	2
Recorded Investment	$ 44,000	$ 12,000	$ 198,000	$ 12,000
Consumer | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	221		1,492	2
Recorded Investment	$ 29,000		$ 183,000	$ 12,000
Consumer | Modified During The Period | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	1		1
Recorded Investment	$ 15,000		$ 15,000
Consumer | Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan			2,088		1,613
Recorded Investment			$ 588,000		$ 586,000
Consumer | Performing Financing Receivable | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan			2,086		1,612
Recorded Investment			$ 565,000		$ 577,000
Consumer | Performing Financing Receivable | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan			2		1
Recorded Investment			$ 23,000		$ 9,000
Consumer | Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	222	1	1,493	1
Recorded Investment	$ 44,000	$ 10,000	$ 198,000	$ 10,000
Consumer | Performing Financing Receivable | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	221		1,492	1
Recorded Investment	$ 29,000		$ 183,000	$ 10,000
Consumer | Performing Financing Receivable | Modified During The Period | Legal modifications
Troubled Debt Restructurings disclosures
Number of Loans | loan	1		1
Recorded Investment	$ 15,000		$ 15,000
Consumer | Nonperforming Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan		1		1
Recorded Investment		$ 2,000		$ 2,000
Consumer | Nonperforming Financing Receivable | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan				1
Recorded Investment				$ 2,000

LOANS AND ALLOWANCE FOR CRED_15

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR MODIFIED CLASS (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)loan	Sep. 30, 2019USD ($)loan	Sep. 30, 2020USD ($)loan	Sep. 30, 2019USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	6	3	9	10
Recorded Investment with payment default | $	$ 3,147	$ 189	$ 3,266	$ 3,521
Residential Real Estate | Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	3	1	5	4
Recorded Investment with payment default | $	$ 163	$ 46	$ 269	$ 249
Residential Real Estate | Home equity lines of credit
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	1	2	2	3
Recorded Investment with payment default | $	$ 20	$ 143	$ 33	$ 147
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	2		2	1
Recorded Investment with payment default | $	$ 2,964		$ 2,964	$ 553
Commercial and Industrial
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan				2
Recorded Investment with payment default | $				$ 2,572

LOANS AND ALLOWANCE FOR CRED_16

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COVID-19 RELATED LOAN MODIFICATIONS (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Sep. 30, 2020	Sep. 30, 2020	Jun. 30, 2020
Troubled Debt Restructurings disclosures
Period not considered TDRs under CARES Act	30 days
Period of loan deferral and forbearance on principal and interest			3 months
Additional period for accommodation			3 months
Total loans	$ 4,433,151	$ 4,994,374	$ 4,994,374
Loans	4,389,800	4,934,483	4,934,483
Traditional Banking
Troubled Debt Restructurings disclosures
Total loans	3,595,931	3,856,504	3,856,504
COVID-19 Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans				$ 793,182
Additional accommodations		11,032
Net (Pay)/Draw		(13,882)
(Pay offs)		(36,346)
COVID-19 Single Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		2,489	2,489
COVID 19 Multiple Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		20,645	20,645
COVID 19 Out Of Accommodations - Current | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		728,050	728,050
COVID 19 Out Of Accommodations - Past Due | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		2,802	2,802
Residential Real Estate | Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Total loans		885,011	885,011
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans	949,568	885,011	885,011
Residential Real Estate | Residential Real Estate - Owner Occupied | COVID-19 Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans				51,570
Additional accommodations		6,780
Net (Pay)/Draw		(525)
(Pay offs)		(3,751)
Residential Real Estate | Residential Real Estate - Owner Occupied | COVID-19 Single Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		1,804	1,804
Residential Real Estate | Residential Real Estate - Owner Occupied | COVID 19 Multiple Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		6,458	6,458
Residential Real Estate | Residential Real Estate - Owner Occupied | COVID 19 Out Of Accommodations - Current | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		45,761	45,761
Residential Real Estate | Residential Real Estate - Owner Occupied | COVID 19 Out Of Accommodations - Past Due | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		51	51
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Troubled Debt Restructurings disclosures
Total loans		256,319	256,319
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans	258,803	256,319	256,319
Residential Real Estate | Residential Real Estate - Non Owner Occupied | COVID-19 Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans				58,754
Net (Pay)/Draw		(667)
(Pay offs)		(536)
Residential Real Estate | Residential Real Estate - Non Owner Occupied | COVID 19 Out Of Accommodations - Current | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		57,551	57,551
Residential Real Estate | Home equity lines of credit
Troubled Debt Restructurings disclosures
Total loans		252,839	252,839
Residential Real Estate | Home equity lines of credit | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans	293,186	252,839	252,839
Residential Real Estate | Home equity lines of credit | COVID-19 Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans				13,776
Additional accommodations		627
Net (Pay)/Draw		(173)
(Pay offs)		(2,835)
Residential Real Estate | Home equity lines of credit | COVID-19 Single Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		187	187
Residential Real Estate | Home equity lines of credit | COVID 19 Multiple Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		35	35
Residential Real Estate | Home equity lines of credit | COVID 19 Out Of Accommodations - Current | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		11,173	11,173
Commercial Real Estate
Troubled Debt Restructurings disclosures
Total loans		1,308,867	1,308,867
Commercial Real Estate | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans	1,303,000	1,308,867	1,308,867
Commercial Real Estate | COVID-19 Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans				491,314
Additional accommodations		3,567
Net (Pay)/Draw		(5,840)
(Pay offs)		(15,939)
Commercial Real Estate | COVID-19 Single Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		457	457
Commercial Real Estate | COVID 19 Multiple Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		2,459	2,459
Commercial Real Estate | COVID 19 Out Of Accommodations - Current | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		467,447	467,447
Commercial Real Estate | COVID 19 Out Of Accommodations - Past Due | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		2,739	2,739
Commercial and Industrial
Troubled Debt Restructurings disclosures
Total loans		337,925	337,925
Commercial and Industrial | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans	468,209	337,925	337,925
Commercial and Industrial | COVID-19 Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans				141,720
Net (Pay)/Draw		(7,438)
(Pay offs)		(3,842)
Commercial and Industrial | COVID 19 Multiple Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		11,644	11,644
Commercial and Industrial | COVID 19 Out Of Accommodations - Current | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		118,784	118,784
Commercial and Industrial | COVID 19 Out Of Accommodations - Past Due | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		12	12
Construction & land development
Troubled Debt Restructurings disclosures
Total loans		142,465	142,465
Construction & land development | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans	159,702	142,465	142,465
Construction & land development | COVID-19 Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans				28,927
Net (Pay)/Draw		486
(Pay offs)		(9,214)
Construction & land development | COVID 19 Out Of Accommodations - Current | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		20,199	20,199
Lease Financing Receivables
Troubled Debt Restructurings disclosures
Total loans		11,204	11,204
Lease Financing Receivables | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans	14,040	11,204	11,204
Lease Financing Receivables | COVID-19 Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans				2,443
Net (Pay)/Draw		409
Lease Financing Receivables | COVID 19 Out Of Accommodations - Current | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		2,852	2,852
Aircraft
Troubled Debt Restructurings disclosures
Total loans		87,555	87,555
Aircraft | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans	$ 58,941	87,555	87,555
Aircraft | COVID-19 Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans				3,215
(Pay offs)		(171)
Aircraft | COVID 19 Out Of Accommodations - Current | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		3,044	3,044
Consumer
Troubled Debt Restructurings disclosures
Total loans		59,769	59,769
Consumer | COVID-19 Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Total loans				$ 1,463
Additional accommodations		58
Net (Pay)/Draw		(134)
(Pay offs)		(58)
Consumer | COVID-19 Single Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		41	41
Consumer | COVID 19 Multiple Accommodations | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		49	49
Consumer | COVID 19 Out Of Accommodations - Current | Traditional Banking
Troubled Debt Restructurings disclosures
Loans		$ 1,239	$ 1,239

LOANS AND ALLOWANCE FOR CRED_17

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSED PROPERTIES (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 2,056	$ 113
Residential Real Estate
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 2,056	$ 113

LOANS AND ALLOWANCE FOR CRED_18

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSURE RECORDED INVESTMENT (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Recorded investment in residential and consumer loans based on payment activity
Loans and Leases Receivable Gross Carrying Amount	$ 4,994,374	$ 4,433,151
Residential Real Estate | Foreclosure Proceedings In Process
Recorded investment in residential and consumer loans based on payment activity
Loans and Leases Receivable Gross Carrying Amount	$ 2,851	$ 2,201

LOANS AND ALLOWANCE FOR CRED_19

LOANS AND ALLOWANCE FOR CREDIT LOSSES - EASY ADVANCES (Details) - Tax Refund Solutions - Easy Advances - USD ($) $ in Thousands	2 Months Ended		3 Months Ended		9 Months Ended
	Feb. 29, 2020	Feb. 28, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Period Easy Advance tax credit product offered	2 months	2 months
Easy Advances originated					$ 387,762	$ 388,970
Net (credit) charge to the Provision for Easy Advances			$ (4,294)	$ (2,098)	$ 15,239	$ 11,322
Provision to total Easy Advances originated					3.93%	2.91%
Easy Advances net charge-off (recoveries)			$ (4,294)	$ (2,098)	$ 15,239	$ 11,322
Easy Advances net charge-offs to total Easy Advances originated					3.93%	2.91%

DEPOSITS - Balances (Details)

DEPOSITS - Balances (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Deposit Liabilities
Total interest-bearing deposits	$ 3,115,911	$ 2,752,629
Total non interest-bearing deposits	1,876,418	1,033,379
Total deposits	4,992,329	3,786,008
Core Banking
Deposit Liabilities
Demand	1,148,683	922,972
Money market accounts	723,798	793,950
Savings	220,106	175,588
Individual retirement accounts	50,348	51,548
Time deposits, $250 and over	99,972	104,412
Other certificates of deposit	231,586	248,161
Reciprocal money market and time deposits	291,077	189,774
Brokered deposits	345,533	200,072
Total interest-bearing deposits	3,111,103	2,686,477
Total non interest-bearing deposits	1,496,111	981,164
Total deposits	4,607,214	3,667,641
Republic Processing Group
Deposit Liabilities
Money market accounts	4,808	66,152
Total interest-bearing deposits	4,808	66,152
Brokered prepaid cards deposits	237,514	9,128
Other noninterest-bearing deposits	142,793	43,087
Total non interest-bearing deposits	380,307	52,215
Total deposits	$ 385,115	$ 118,367

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Securities sold under agreements to repurchase
Outstanding balance at end of period	$ 126,172		$ 126,172		$ 167,617
Average outstanding balance during the period	$ 213,010	$ 246,889	$ 199,556	$ 232,949
Average interest rate during the period (as a percent)	0.04%	0.48%	0.11%	0.60%
Maximum outstanding at any month end during the period	$ 195,229	$ 219,812	$ 195,229	$ 226,002
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase
Securities pledged more than repurchase agreements (as a percent)	2.00%		2.00%
Outstanding balance at end of period	$ 126,172		$ 126,172		$ 167,617
Weighted average interest rate at end of period (as a percent)	0.04%		0.04%		0.32%
Fair Value of securities pledged	$ 159,684		$ 159,684		$ 221,310
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	15,116		15,116		70,015
Securities sold under agreements to repurchase | Mortgage backed securities - residential
Securities sold under agreements to repurchase
Fair Value of securities pledged	105,228		105,228		134,265
Securities sold under agreements to repurchase | Collateralized mortgage obligations
Securities sold under agreements to repurchase
Fair Value of securities pledged	$ 39,340		$ 39,340		$ 17,030

RIGHT-OF-USE ASSETS AND OPERA_3

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Details) $ in Millions	9 Months Ended
	Sep. 30, 2020USD ($)leaseitemcontract
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Number of separate and distinct operating lease contracts to lease the land and/or buildings | contract	49
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
Number of operating leases considered variable | item	26
Number of new operating leases executed | lease	4
Newly executed operating leases right-of-use asset value | $	$ 14
Related party lease right-of-use asset upon commencement of lease | $	$ 12

RIGHT-OF-USE ASSETS AND OPERA_4

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES - OPERATING LEASE EXPENSE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Operating lease expense:
Total operating lease expense	$ 1,812	$ 1,790	$ 5,432	$ 5,327
Cash paid for amounts included in the measurement of operating lease liabilities	1,817	1,795	5,448	5,372
Short-term lease payments not included in the measurement of lease liabilities	$ 3	14	$ 7	40
Weighted average remaining term in years	8 years 6 months 29 days		8 years 6 months 29 days		8 years 7 days
Weighted average discount rate	3.12%		3.12%		3.46%
Related Party
Operating lease expense:
Variable lease expense	$ 1,235	1,164	$ 3,706	3,478
Fixed lease expense	23	10	69	28
Third Party
Operating lease expense:
Variable lease expense	180	210	541	644
Fixed lease expense	371	392	1,109	1,137
Short-term lease expense	$ 3	$ 14	$ 7	$ 40

RIGHT-OF-USE ASSETS AND OPERA_5

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES - OPERATING LEASE LIABILITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Operating lease liabilities
2020	$ 1,809
2021	7,080
2022	6,759
2023	6,239
2024	5,685
Thereafter	23,520
Total undiscounted cash flows	51,092
Discount applied to cash flows	(6,382)
Total discounted cash flows reported as operating lease liabilities	44,710	$ 36,530
Related Party
Operating lease liabilities
2020	1,159
2021	4,638
2022	4,639
2023	4,639
2024	4,512
Thereafter	20,144
Total undiscounted cash flows	39,731
Discount applied to cash flows	(5,034)
Total discounted cash flows reported as operating lease liabilities	34,697
Third Party
Operating lease liabilities
2020	650
2021	2,442
2022	2,120
2023	1,600
2024	1,173
Thereafter	3,376
Total undiscounted cash flows	11,361
Discount applied to cash flows	(1,348)
Total discounted cash flows reported as operating lease liabilities	$ 10,013

FEDERAL HOME LOAN BANK ADVANC_3

FEDERAL HOME LOAN BANK ADVANCES - FHLB ADVANCES (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
FHLB advances
Total FHLB advances	$ 132,500	$ 750,000
Additional collateralized advances available	692,000	259,000
Overnight advance
FHLB advances
Total FHLB advances	25,000	200,000
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	$ 97,500	$ 540,000
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	Sep. 30, 2020	Dec. 31, 2019
FEDERAL HOME LOAN BANK ADVANCES
2020 (Overnight)	$ 25,000
2020 (Term)	37,500
2021	30,000
2022	20,000
2023	20,000
Total	$ 132,500	$ 750,000
Weighted Average Rate
2020 (Overnight)	0.17%
2020 (Term)	1.37%
2021	1.93%
2022	2.12%
2023	2.56%
Total	1.56%

FEDERAL HOME LOAN BANK ADVANC_5

FEDERAL HOME LOAN BANK ADVANCES - SHORT-TERM FHLB ADVANCES (Details) - Federal Home Loan Bank overnight advances - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
FHLB advances
Average outstanding balance during the period	$ 272	$ 357,685	$ 29,106	$ 340,502
Average interest rate during the period (as percent)	0.17%	2.34%	0.92%	2.45%
Maximum outstanding at any month end during the period	$ 25,000	$ 785,000	$ 250,000	$ 785,000

FEDERAL HOME LOAN BANK ADVANC_6

FEDERAL HOME LOAN BANK ADVANCES - LOANS PLEDGED (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
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	$ 1,034,137	$ 1,099,941
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	$ 237,389	$ 274,990

OFF BALANCE SHEET RISKS, COMM_3

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2019
Commitments and letters of credit
Loan commitment, line credit	$ 1,432,165,000	$ 1,432,165,000	$ 1,571,130,000
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	636,000
Provision	287,000	467,000
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	923,000	923,000
Unused warehouse lines of credit
Commitments and letters of credit
Loan commitment, line credit	310,125,000	310,125,000	436,541,000
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	58,000
Provision	(6,000)	(3,000)
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	52,000	52,000
Unused home equity lines of credit
Commitments and letters of credit
Loan commitment, line credit	358,380,000	358,380,000	363,195,000
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	124,000
Provision	22,000	57,000
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	146,000	146,000
Unused loan commitments - other
Commitments and letters of credit
Loan commitment, line credit	751,502,000	751,502,000	757,657,000
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	454,000
Provision	271,000	413,000
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	725,000	725,000
Standby letters of credit
Commitments and letters of credit
Loan commitment, line credit	11,515,000	11,515,000	11,252,000
FHLB letters of credit
Commitments and letters of credit
Loan commitment, line credit	$ 643,000	643,000	$ 2,485,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance		456,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment | Unused warehouse lines of credit
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance		55,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment | Unused home equity lines of credit
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance		89,000
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment | Unused loan commitments - other
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance		$ 312,000

FAIR VALUE - POLICIES (Details)

FAIR VALUE - POLICIES (Details) - Republic Credit Solutions - Installment loan	1 Months Ended	27 Months Ended
	Dec. 31, 2019	Mar. 31, 2018
Assets and Liabilities Measured on Recurring Basis
Term for intent to sell loans	16 days	21 days
Minimum
Assets and Liabilities Measured on Recurring Basis
Loan held-for-sale term	12 months
Maximum
Assets and Liabilities Measured on Recurring Basis
Loan held-for-sale term	60 months

FAIR VALUE - RECURRING BASIS (D

FAIR VALUE - RECURRING BASIS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Financial assets:
Available-for-sale debt securities, Fair Value	$ 550,218		$ 550,218			$ 471,355
Mortgage loans held for sale, at fair value	44,860	$ 32,739	44,860	$ 32,739	$ 40,028	19,224	$ 13,883	$ 8,971
Consumer loans held for sale	449		449		$ 164	598
Consumer loans receivable held for investment	588		588			998
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	3,070		3,070			3,188
U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities, Fair Value	237,066		237,066			134,640
Private label mortgage backed security
Financial assets:
Available-for-sale debt securities, Fair Value	3,004		3,004			3,495
Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities, Fair Value	242,670		242,670			255,847
Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities, Fair Value	53,760		53,760			63,371
Corporate bonds
Financial assets:
Available-for-sale debt securities, Fair Value	9,918		9,918			10,002
Trust preferred security
Financial assets:
Available-for-sale debt securities, Fair Value	3,800		3,800			4,000
Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	536		536			714
Community Reinvestment Act mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,534		2,534			2,474
Recurring basis
Financial assets:
Available-for-sale debt securities, Fair Value	550,218		550,218			471,355
Mortgage loans held for sale, at fair value	44,860		44,860			19,224
Consumer loans held for investment	588		588
Consumer loans held for sale	449		449			598
Consumer loans receivable held for investment						998
Rate lock loan commitments	6,630		6,630			789
Mandatory forward contracts	603		603
Interest rate swap agreements	14,494		14,494			5,062
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	3,070		3,070			3,188
Financial Liabilities:
Mandatory forward contracts						131
Interest rate swap agreements	14,560		14,560			5,166
Transfers between Level 1, 2 or 3	0	$ 0	0	$ 0
Recurring basis | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities, Fair Value	237,066		237,066			134,640
Recurring basis | Private label mortgage backed security
Financial assets:
Available-for-sale debt securities, Fair Value	3,004		3,004			3,495
Recurring basis | Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities, Fair Value	242,670		242,670			255,847
Recurring basis | Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities, Fair Value	53,760		53,760			63,371
Recurring basis | Corporate bonds
Financial assets:
Available-for-sale debt securities, Fair Value	9,918		9,918			10,002
Recurring basis | Trust preferred security
Financial assets:
Available-for-sale debt securities, Fair Value	3,800		3,800			4,000
Recurring basis | Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	536		536			714
Recurring basis | Community Reinvestment Act mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,534		2,534			2,474
Recurring basis | Fair Value, Inputs, Level 1
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,534		2,534			2,474
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	2,534		2,534			2,474
Recurring basis | Fair Value, Inputs, Level 2
Financial assets:
Available-for-sale debt securities, Fair Value	543,414		543,414			463,860
Mortgage loans held for sale, at fair value	44,860		44,860			19,224
Rate lock loan commitments	6,630		6,630			789
Mandatory forward contracts	603		603
Interest rate swap agreements	14,494		14,494			5,062
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	536		536			714
Financial Liabilities:
Mandatory forward contracts						131
Interest rate swap agreements	14,560		14,560			5,166
Recurring basis | Fair Value, Inputs, Level 2 | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities, Fair Value	237,066		237,066			134,640
Recurring basis | Fair Value, Inputs, Level 2 | Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities, Fair Value	242,670		242,670			255,847
Recurring basis | Fair Value, Inputs, Level 2 | Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities, Fair Value	53,760		53,760			63,371
Recurring basis | Fair Value, Inputs, Level 2 | Corporate bonds
Financial assets:
Available-for-sale debt securities, Fair Value	9,918		9,918			10,002
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	536		536			714
Recurring basis | Fair Value, Inputs, Level 3
Financial assets:
Available-for-sale debt securities, Fair Value	6,804		6,804			7,495
Consumer loans held for investment	588		588
Consumer loans held for sale	449		449			598
Consumer loans receivable held for investment						998
Recurring basis | Fair Value, Inputs, Level 3 | Private label mortgage backed security
Financial assets:
Available-for-sale debt securities, Fair Value	3,004		3,004			3,495
Recurring basis | Fair Value, Inputs, Level 3 | Trust preferred security
Financial assets:
Available-for-sale debt securities, Fair Value	$ 3,800		$ 3,800			$ 4,000

FAIR VALUE - RECONCILIATION USI

FAIR VALUE - RECONCILIATION USING SIGNIFICANT UNOBSERVABLE INPUTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Private label mortgage backed security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	$ 3,023	$ 3,615	$ 3,495	$ 3,712
Net change in unrealized gain	60	(24)	(46)	(58)
Recovery of actual losses previously recorded		38		113
Principal paydowns	(79)	(34)	(445)	(172)
Balance, end of period	3,004	3,595	3,004	3,595
Trust preferred security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	3,500	4,000	4,000	4,075
Discount accretion	21	10	43	31
Net change in unrealized gain	279	(10)	(243)	(106)
Balance, end of period	$ 3,800	$ 4,000	$ 3,800	$ 4,000

FAIR VALUE - RECURRING LEVEL 3

FAIR VALUE - RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 $ in Thousands	Sep. 30, 2020USD ($)item	Dec. 31, 2019USD ($)
Private label mortgage backed security | Recurring basis
Fair value inputs quantitative information
Mortgage backed security fair value	$ 3,004	$ 3,495
Valuation technique	us-gaap:ValuationTechniqueDiscountedCashFlowMember	us-gaap:ValuationTechniqueDiscountedCashFlowMember
Private label mortgage backed security | Minimum | Recurring basis | Constant Prepayment Rate
Fair value inputs quantitative information
Measurable input	0.012	0.023
Private label mortgage backed security | Minimum | Recurring basis | Probability of default
Fair value inputs quantitative information
Measurable input	0.018	0.018
Private label mortgage backed security | Minimum | Recurring basis | Loss Severity
Fair value inputs quantitative information
Measurable input	0.50	0.50
Private label mortgage backed security | Maximum | Recurring basis | Constant Prepayment Rate
Fair value inputs quantitative information
Measurable input	0.045	0.050
Private label mortgage backed security | Maximum | Recurring basis | Probability of default
Fair value inputs quantitative information
Measurable input	0.072	0.063
Private label mortgage backed security | Maximum | Recurring basis | Loss Severity
Fair value inputs quantitative information
Measurable input	0.75	0.75
Consumer Loans Held For Sale | Nonrecurring basis
Fair value inputs quantitative information
Consumer Loans Held for Sale Fair Value	$ 449	$ 598
Consumer Loans Held For Sale | Nonrecurring basis | Net Premium
Fair value inputs quantitative information
Measurable input	0.014	0.014
Consumer Loans Held For Sale | Nonrecurring basis | Discount sales
Fair value inputs quantitative information
Measurable input	0.0500	0.0500

FAIR VALUE - GAINS AND LOSSES (

FAIR VALUE - GAINS AND LOSSES (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)loan	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)loan	Sep. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)loan	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Fair Value, Option
Aggregate fair value of mortgage loan	$ 44,860	$ 32,739	$ 44,860	$ 32,739	$ 40,028	$ 19,224	$ 13,883	$ 8,971
Contractual balance	$ 5,006,351		$ 5,006,351			$ 4,432,351
Mortgage loans held for sale
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual | loan	0		0			0
Aggregate fair value of mortgage loan	$ 44,860		$ 44,860			$ 19,224
Contractual balance	42,944		42,944			18,690
Unrealized gain	1,916		1,916			$ 534
Gains (losses) from changes in fair value included in earnings	426	367	2,314	685
Mortgage loans held for sale | Interest Income
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	300	212	932	484
Mortgage loans held for sale | Change In Fair Value
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	$ 126	$ 155	$ 1,382	$ 201
Consumer Loans Held For Sale
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual | loan	0		0			0
Aggregate fair value of mortgage loan	$ 449		$ 449			$ 598
Contractual balance	446		446			593
Unrealized gain	3		3			$ 5
Gains (losses) from changes in fair value included in earnings	44		1,561
Consumer Loans Held For Sale | Interest Income
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	42		1,563
Consumer Loans Held For Sale | Change In Fair Value
Fair Value, Option
Gains (losses) from changes in fair value included in earnings	$ 2		$ (2)

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NON-RECURRING BASIS (Details) - Nonrecurring basis - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 4,200	$ 8,920
Other real estate owned	2,056
Mortgage servicing rights	4,062
Residential Real Estate | Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	3,614	3,598
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis		14
Residential Real Estate | Home equity lines of credit
Fair Value Disclosures
Impaired loan on non-recurring basis	405	470
Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	81	3,276
Other real estate owned	2,056
Commercial and Industrial
Fair Value Disclosures
Impaired loan on non-recurring basis	100	1,562
Fair Value, Inputs, Level 2
Fair Value Disclosures
Mortgage servicing rights	4,062
Fair Value, Inputs, Level 3
Fair Value Disclosures
Impaired loan on non-recurring basis	4,200	8,920
Other real estate owned	2,056
Fair Value, Inputs, Level 3 | Residential Real Estate | Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	3,614	3,598
Fair Value, Inputs, Level 3 | Residential Real Estate | Residential Real Estate - Non Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis		14
Fair Value, Inputs, Level 3 | Residential Real Estate | Home equity lines of credit
Fair Value Disclosures
Impaired loan on non-recurring basis	405	470
Fair Value, Inputs, Level 3 | Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	81	3,276
Other real estate owned	2,056
Fair Value, Inputs, Level 3 | Commercial and Industrial
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 100	$ 1,562

FAIR VALUE - NON-RECURRING LEVE

FAIR VALUE - NON-RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 - Nonrecurring basis	Sep. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Collateral Dependent Loans | Residential Real Estate | Residential Real Estate - Owner Occupied | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 3,614,000
Collateral Dependent Loans | Residential Real Estate | Residential Real Estate - Owner Occupied | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0
Collateral Dependent Loans | Residential Real Estate | Residential Real Estate - Owner Occupied | Comparability Adjustment | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.51
Collateral Dependent Loans | Residential Real Estate | Residential Real Estate - Owner Occupied | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.10
Collateral Dependent Loans | Residential Real Estate | Commercial & industrial | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.54
Collateral Dependent Loans | Residential Real Estate | Home equity lines of credit | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 405,000
Collateral Dependent Loans | Residential Real Estate | Home equity lines of credit | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.02
Collateral Dependent Loans | Residential Real Estate | Home equity lines of credit | Comparability Adjustment | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.06
Collateral Dependent Loans | Residential Real Estate | Home equity lines of credit | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.05
Collateral Dependent Loans | Commercial Real Estate | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 81,000
Collateral Dependent Loans | Commercial Real Estate | Comparability Adjustment | Sale comparison approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.07
Collateral Dependent Loans | Commercial Real Estate | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.07
Collateral Dependent Loans | Commercial and Industrial | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 100,000
Collateral Dependent Loans | Commercial and Industrial | Comparability Adjustment | Sale comparison approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.54
Collateral Dependent Loans | Commercial and Industrial | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.54
Impaired Loans | Residential Real Estate | Residential Real Estate - Owner Occupied | Sale comparison approach
Fair value inputs quantitative information
Fair Value		$ 3,598,000
Impaired Loans | Residential Real Estate | Residential Real Estate - Owner Occupied | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0
Impaired Loans | Residential Real Estate | Residential Real Estate - Owner Occupied | Comparability Adjustment | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.58
Impaired Loans | Residential Real Estate | Residential Real Estate - Owner Occupied | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.12
Impaired Loans | Residential Real Estate | Residential Real Estate - Non Owner Occupied | Sale comparison approach
Fair value inputs quantitative information
Fair Value		$ 14,000
Impaired Loans | Residential Real Estate | Residential Real Estate - Non Owner Occupied | Comparability Adjustment | Sale comparison approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.05
Impaired Loans | Residential Real Estate | 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		0.05
Impaired Loans | Residential Real Estate | Home equity lines of credit | Sale comparison approach
Fair value inputs quantitative information
Fair Value		$ 470,000
Impaired Loans | Residential Real Estate | Home equity lines of credit | Comparability Adjustment | Sale comparison approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.02
Impaired Loans | Residential Real Estate | Home equity lines of credit | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.02
Impaired Loans | Commercial Real Estate | Sale comparison approach
Fair value inputs quantitative information
Fair Value		$ 3,276,000
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Sale comparison approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.01
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Sale comparison approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.10
Impaired Loans | Commercial Real Estate | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.04
Impaired Loans | Commercial and Industrial | Income approach
Fair value inputs quantitative information
Fair Value		$ 1,562,000
Impaired Loans | Commercial and Industrial | Comparability Adjustment | Income approach | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.03
Impaired Loans | Commercial and Industrial | Comparability Adjustment | Income approach | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.50
Impaired Loans | Commercial and Industrial | Comparability Adjustment | Income approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.37
Other Real Estate Owned | Commercial Real Estate | Sale comparison approach
Fair value inputs quantitative information
Fair Value	$ 2,056,000
Other Real Estate Owned | Commercial Real Estate | Comparability Adjustment | Sale comparison approach
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.24
Other Real Estate Owned | Commercial Real Estate | Comparability Adjustment | Sale comparison approach | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.24

FAIR VALUE - IMPAIRED LOANS (De

FAIR VALUE - IMPAIRED LOANS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Impaired loans
Carrying amount of loans measured at fair value					$ 17,289
Valuation allowance					(2,512)
Nonrecurring basis
Impaired loans
Total fair value	$ 4,200		$ 4,200		8,920
Fair Value, Inputs, Level 3 | Nonrecurring basis
Impaired loans
Carrying amount of loans measured at fair value	3,452		3,452		7,729
Estimated selling costs considered in carrying amount	796		796		1,193
Valuation allowance	(48)		(48)		(2)
Total fair value	4,200		4,200		$ 8,920
Provision for impairment on loan, lease and other losses
Provisions on collateral-dependent, impaired loans	$ 430	$ 1,419	$ (71)	$ 1,442

FAIR VALUE - CARRYING AMOUNTS A

FAIR VALUE - CARRYING AMOUNTS AND FV OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Assets:
Available-for-sale debt securities	$ 550,218		$ 471,355
Held-to-maturity debt securities	55,163		63,156
Equity securities with readily determinable fair value	3,070		3,188
Mortgage loans held for sale, at fair value	44,860	$ 40,028	19,224	$ 32,739	$ 13,883	$ 8,971
Consumer loans held for sale, at fair value	449	164	598
Consumer loans held for sale, at the lower of cost or fair value	11,443	$ 12,801	11,646	$ 18,504	$ 37,609	$ 12,838
Carrying Value
Assets:
Cash and cash equivalents	342,028		385,303
Available-for-sale debt securities	550,218		471,355
Held-to-maturity debt securities	54,268		62,531
Equity securities with readily determinable fair value	3,070		3,188
Mortgage loans held for sale, at fair value	44,860		19,224
Consumer loans held for sale, at fair value	449		598
Consumer loans held for sale, at the lower of cost or fair value	11,443		11,646
Loans, net	4,934,483		4,389,800
Federal Home Loan Bank stock	19,634		30,831
Accrued interest receivable	12,101		12,937
Rate lock loan commitments	6,630		789
Interest rate swap agreements	14,494		5,062
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	126,172		167,617
Federal Home Loan Bank advances	132,500		750,000
Subordinated note	41,240		41,240
Accrued interest payable	728		2,802
Mandatory forward contracts	603		131
Interest rate swap agreements	14,560		5,166
Carrying Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,876,418		1,033,379
Carrying Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,317,965		2,018,687
Carrying Value | Time deposits.
Liabilities:
Deposit liabilities, fair value	797,946		733,942
Total Fair Value
Assets:
Cash and cash equivalents	342,028		385,303
Available-for-sale debt securities	550,218		471,355
Held-to-maturity debt securities	55,163		63,156
Equity securities with readily determinable fair value	3,070		3,188
Mortgage loans held for sale, at fair value	44,860		19,224
Consumer loans held for sale, at fair value	449		598
Consumer loans held for sale, at the lower of cost or fair value	11,443		11,646
Loans, net	4,904,668		4,381,396
Accrued interest receivable	12,101		12,937
Rate lock loan commitments	6,630		789
Interest rate swap agreements	14,494		5,062
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	126,172		167,617
Federal Home Loan Bank advances	134,478		749,667
Subordinated note	30,832		32,587
Accrued interest payable	728		2,802
Mandatory forward contracts	603		131
Interest rate swap agreements	14,560		5,166
Total Fair Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,876,418		1,033,379
Total Fair Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,317,965		2,018,687
Total Fair Value | Time deposits.
Liabilities:
Deposit liabilities, fair value	805,988		737,733
Total Fair Value | Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	342,028		385,303
Equity securities with readily determinable fair value	2,534		2,474
Total Fair Value | Fair Value, Inputs, Level 2
Assets:
Available-for-sale debt securities	543,414		463,860
Held-to-maturity debt securities	55,163		63,156
Equity securities with readily determinable fair value	536		714
Mortgage loans held for sale, at fair value	44,860		19,224
Accrued interest receivable	12,101		12,937
Rate lock loan commitments	6,630		789
Interest rate swap agreements	14,494		5,062
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	126,172		167,617
Federal Home Loan Bank advances	134,478		749,667
Subordinated note	30,832		32,587
Accrued interest payable	728		2,802
Mandatory forward contracts	603		131
Interest rate swap agreements	14,560		5,166
Total Fair Value | Fair Value, Inputs, Level 2 | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,876,418		1,033,379
Total Fair Value | Fair Value, Inputs, Level 2 | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,317,965		2,018,687
Total Fair Value | Fair Value, Inputs, Level 2 | Time deposits.
Liabilities:
Deposit liabilities, fair value	805,988		737,733
Total Fair Value | Fair Value, Inputs, Level 3
Assets:
Available-for-sale debt securities	6,804		7,495
Consumer loans held for sale, at fair value	449		598
Consumer loans held for sale, at the lower of cost or fair value	11,443		11,646
Loans, net	$ 4,904,668		$ 4,381,396

MORTGAGE BANKING ACTIVITIES - M

MORTGAGE BANKING ACTIVITIES - MORTGAGE LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 40,028	$ 13,883	$ 19,224	$ 8,971
Origination of mortgage loans held for sale	203,615	124,375	547,556	247,071
Proceeds from the sale of mortgage loans held for sale	(210,309)	(108,493)	(546,950)	(229,755)
Net gain on sale of mortgage loans held for sale	11,526	2,974	25,030	6,452
Balance, end of period	$ 44,860	$ 32,739	$ 44,860	$ 32,739

MORTGAGE BANKING ACTIVITIES - C

MORTGAGE BANKING ACTIVITIES - COMPONENTS OF INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Mortgage servicing rights
Net gain realized on sale of mortgage loans held for sale	$ 9,151	$ 2,170	$ 18,279	$ 4,941
Net gain recognized	11,526	2,974	25,030	6,452
Loan servicing income	757	632	2,139	1,842
Amortization of mortgage servicing rights	(1,108)	(542)	(2,701)	(1,275)
Change in mortgage servicing rights valuation allowance	(400)		(500)
Net servicing income recognized	(751)	90	(1,062)	567
Total Mortgage banking income	10,775	3,064	23,968	7,019
Mortgage loans held for sale
Mortgage servicing rights
Net change in fair value	126	155	1,382	201
Rate lock loan commitments
Mortgage servicing rights
Net change in fair value	2,194	(29)	5,841	837
Mandatory forward contracts
Mortgage servicing rights
Net change in fair value	$ 55	$ 678	$ (472)	$ 473

MORTGAGE BANKING ACTIVITIES -_2

MORTGAGE BANKING ACTIVITIES - CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 6,711	$ 5,158	$ 5,888	$ 4,919
Additions	1,471	867	3,987	1,839
Amortized to expense	(1,108)	(542)	(2,701)	(1,275)
Change in valuation allowance	(400)		(500)
Balance, end of period	$ 6,674	$ 5,483	$ 6,674	$ 5,483

MORTGAGE BANKING ACTIVITIES - V

MORTGAGE BANKING ACTIVITIES - VALUATION OF CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Beginning valuation allowance	$ 100	$ 0
Charge during the period	400	500
Ending valuation allowance	$ 500	$ 500

MORTGAGE BANKING ACTIVITIES - O

MORTGAGE BANKING ACTIVITIES - OTHER INFORMATION RELATING TO MSRS (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
MORTGAGE BANKING ACTIVITIES
Fair value of mortgage servicing rights portfolio	$ 7,522	$ 9,068
Monthly weighted average prepayment rate of unpaid principle balance (as percent)	308.00%	202.00%
Discount rate (as percent)	10.00%	10.00%
Weighted average foreclosure rate	0.44%	0.14%
Weighted average life in years	4 years 4 months 24 days	5 years 9 months 3 days

MORTGAGE BANKING ACTIVITIES - N

MORTGAGE BANKING ACTIVITIES - NOTIONAL AMOUNTS AND FV (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Mortgage servicing rights
Derivative instruments expiration period	90 days
Mortgage loans held for sale
Information about derivatives and swaps
Derivative Assets, Notional Amount	$ 42,944	$ 18,690
Fair Value, Assets	44,860	19,224
Rate lock loan commitments
Information about derivatives and swaps
Derivative Assets, Notional Amount	160,480	32,776
Fair Value, Assets	6,630	789
Mandatory forward contracts
Information about derivatives and swaps
Derivative Liabilities, Notional Amount	171,935	44,919
Fair Value, Liabilities	$ 603	$ 131

INTEREST RATE SWAPS - CASH FLOW

INTEREST RATE SWAPS - CASH FLOW HEDGES (Details) - Interest rate swap - Cash flow hedge $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2013DerivativeInstrument
Information about derivatives and swaps
Number of derivative agreements | DerivativeInstrument			2
Summary information about interest rate swaps
Notional amount	$ 20,000	$ 20,000
Assets / (Liabilities)	(66)	(104)
Unrealized Gain (Loss) in AOCI	(49)	(77)
1-month LIBOR
Summary information about interest rate swaps
Notional amount	$ 10,000	$ 10,000
Pay rate (as a percent)	2.17%	2.17%
Assets / (Liabilities)	$ (18)	$ (46)
Unrealized Gain (Loss) in AOCI	(13)	(34)
3-month LIBOR
Summary information about interest rate swaps
Notional amount	$ 10,000	$ 10,000
Pay rate (as a percent)	2.33%	2.33%
Assets / (Liabilities)	$ (48)	$ (58)
Unrealized Gain (Loss) in AOCI	$ (36)	$ (43)

INTEREST RATE SWAPS - INTEREST

INTEREST RATE SWAPS - INTEREST EXPENSE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
INTEREST RATE SWAPS
Interest expense swap on money market deposits	$ 52	$ (2)	$ 107	$ (18)
Interest expense swap on FHLB Advance	51		104	(16)
Total interest (benefit) expense on swap transactions	$ 103	$ (2)	$ 211	$ (34)

INTEREST RATE SWAPS - GAINS (LO

INTEREST RATE SWAPS - GAINS (LOSSES) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
INTEREST RATE SWAPS
Gains (losses) recognized in OCI on derivative (effective portion)	$ (1)	$ (3)	$ (173)	$ (218)
Gains (losses) reclassified from OCI on derivative (effective portion)	(103)	2	(211)	34
Gains (losses) recognized in income on derivative (ineffective portion)	$ 0	$ 0	$ 0	$ 0

INTEREST RATE SWAPS - NON-HEDGE

INTEREST RATE SWAPS - NON-HEDGE (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Information about derivatives and swaps
Fair value of securities pledged as collateral	$ 229,762,000	$ 229,706,000
Counterparty
Information about derivatives and swaps
Fair value of securities pledged as collateral	15,100,000	7,500,000
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	279,444,000	204,102,000
Interest rate swap | Non-Hedge | Bank Clients
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	139,722,000	95,411,000
Interest rate swaps with Bank clients - Liabilities, Notional Amount		6,640,000
Interest rate swaps with Bank clients - Total, Notional Amount	139,722,000	102,051,000
Interest rate swaps with Bank clients - Assets, Fair Value	14,494,000	5,062,000
Interest rate swaps with Bank clients - Liabilities, Fair Value		(55,000)
Interest rate swaps with Bank clients - Total, Fair Value	14,494,000	5,007,000
Interest rate swap | Non-Hedge | Counterparty
Information about derivatives and swaps
Interest rate swaps with Bank clients - Total, Notional Amount	139,722,000	102,051,000
Interest rate swaps with Bank clients - Total, Fair Value	$ (14,494,000)	$ (5,007,000)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
EARNINGS PER SHARE
Net income	$ 20,389	$ 18,408	$ 62,890	$ 65,931
Dividends declared on Common Stock:
Undistributed net income for basic earnings per share	14,442	12,917	45,094	49,514
Weighted average potential dividends on Class A shares upon exercise of dilutive options	(7)	(27)	(24)	(93)
Undistributed net income for diluted earnings per share	$ 14,435	$ 12,890	$ 45,070	$ 49,421
Weighted average shares outstanding:
Effect of dilutive securities on Class A Shares outstanding	20,000	101,000	37,000	118,000
Weighted average shares outstanding including dilutive securities	21,046,000	21,137,000	21,068,000	21,132,000
Stock option
Diluted earnings per share:
Antidilutive stock options (in shares)	431,000	158,000	244,000	160,000
Stock option | Weighted Average
Diluted earnings per share:
Antidilutive stock options (in shares)	367,000	157,000	193,000	156,000
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	$ (5,375)	$ (4,961)	$ (16,080)	$ (14,826)
Weighted average shares outstanding:
Weighted average shares outstanding	18,826,000	18,828,000	18,830,000	18,803,000
Basic earnings per share:
Per share dividends distributed	$ 0.29	$ 0.26	$ 0.86	$ 0.79
Undistributed earnings per share	0.69	0.62	2.16	2.38
Total basic earnings per share	0.98	0.88	3.02	3.17
Diluted earnings per share:
Per share dividends distributed	0.29	0.26	0.86	0.79
Undistributed earnings per share	0.69	0.62	2.16	2.36
Total diluted earnings per share	$ 0.98	$ 0.88	$ 3.02	$ 3.15
Class B Common Stock
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (572)	$ (530)	$ (1,716)	$ (1,591)
Weighted average shares outstanding:
Weighted average shares outstanding	2,200,000	2,208,000	2,201,000	2,211,000
Basic earnings per share:
Per share dividends distributed	$ 0.26	$ 0.24	$ 0.78	$ 0.72
Undistributed earnings per share	0.63	0.56	1.97	2.16
Total basic earnings per share	0.89	0.80	2.75	2.88
Diluted earnings per share:
Per share dividends distributed	0.26	0.24	0.78	0.72
Undistributed earnings per share	0.63	0.56	1.96	2.15
Total diluted earnings per share	$ 0.89	$ 0.80	$ 2.74	$ 2.87

OTHER COMPREHENSIVE INCOME - CO

OTHER COMPREHENSIVE INCOME - COMPONENTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Available-for-Sale Debt Securities:
Change in unrealized gain on AFS debt securities	$ (258)	$ 86	$ 8,618	$ 5,759
Change in unrealized gain of AFS debt security for which a portion of OTTI has been recognized in earnings	61	(24)	(46)	(58)
Net unrealized (losses) gains	(197)	62	8,572	5,701
Tax effect	49	(172)	(2,144)	(1,358)
Net of tax	(148)	(110)	6,428	4,343
Cash Flow Hedges:
Change in fair value of derivatives used for cash flow hedges	(1)	(3)	(173)	(218)
Reclassification amount for net derivative losses (gains) realized in income	103	(2)	211	(34)
Net unrealized (losses) gains	102	(5)	38	(252)
Tax effect	(25)	9	(9)	62
Net of tax	77	4	29	(190)
Total other comprehensive income (loss), net of tax	$ (71)	$ (106)	$ 6,457	$ 4,153

OTHER COMPREHENSIVE INCOME - RE

OTHER COMPREHENSIVE INCOME - RECLASSIFICATION (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Significant amounts reclassified out of each component of AOCI
Interest benefit (expense) on deposits	$ (2,876)	$ (8,042)	$ (12,825)	$ (21,693)
Interest benefit (expense) on FHLB advances	(658)	(3,839)	(3,128)	(10,631)
Total interest benefit (expense)	(3,786)	(12,573)	(17,093)	(34,625)
Income tax (benefit) expense	(5,437)	(4,325)	(16,111)	(14,961)
NET INCOME	20,389	18,408	62,890	65,931
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	(52)	2	(107)	18
Interest benefit (expense) on FHLB advances	(51)		(104)	16
Total interest benefit (expense)	(103)	2	(211)	34
Income tax (benefit) expense	26	(1)	53	(9)
NET INCOME	$ (77)	$ 1	$ (158)	$ 25

OTHER COMPREHENSIVE INCOME - AO

OTHER COMPREHENSIVE INCOME - AOCI Changes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Summary of the AOCI balances, net of tax
Balance at beginning of period	$ 795,619	$ 731,428	$ 764,244	$ 689,934
Current Year Change	(71)	(106)	6,457	4,153
Balance at end of period	810,362	744,447	810,362	744,447
Accumulated Other Comprehensive Income
Summary of the AOCI balances, net of tax
Balance at beginning of period	9,626	3,262	3,098	(997)
Current Year Change			6,457	4,153
Balance at end of period	9,555	3,156	9,555	3,156
Unrealized gain (loss) on AFS debt securities
Summary of the AOCI balances, net of tax
Balance at beginning of period			2,211	(2,165)
Current Year Change			6,464	4,390
Balance at end of period	8,675	2,225	8,675	2,225
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			964	1,078
Current Year Change			(35)	(45)
Balance at end of period	929	1,033	929	1,033
Unrealized gain (loss) on cash flow hedges
Summary of the AOCI balances, net of tax
Balance at beginning of period			(77)	90
Current Year Change			28	(192)
Balance at end of period	$ (49)	$ (102)	$ (49)	$ (102)

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenue recognition
Net interest income	$ 52,252	$ 55,486	$ 177,195	$ 181,731
Noninterest income:
Service charges on deposit accounts	3,017	3,749	8,604	10,650
Net refund transfer fees	1,152	317	19,888	21,046
Mortgage banking income	10,775	3,064	23,968	7,019
Interchange fee income	2,911	3,031	8,271	9,045
Program fees	1,487	1,317	5,249	3,428
Increase in cash surrender value of BOLI	400	394	1,184	1,154
Net gains (losses) on OREO	(14)	267	(10)	487
Net loss on branch divestiture		(119)		(119)
Other	869	791	2,763	2,643
Total noninterest income	20,597	12,811	69,917	55,353
Total net revenue	$ 72,849	$ 68,297	$ 247,112	$ 237,084
Net-revenue concentration (as percent)	100.00%	100.00%	100.00%	100.00%
Writedowns during entity's holding of property (as a percent)			10.00%
Core Banking
Revenue recognition
Net interest income	$ 46,398	$ 47,420	$ 137,056	$ 137,768
Noninterest income:
Service charges on deposit accounts	3,018	3,749	8,622	10,650
Mortgage banking income	10,775	3,064	23,968	7,019
Interchange fee income	2,873	3,008	8,090	8,802
Increase in cash surrender value of BOLI	400	394	1,184	1,154
Net gains (losses) on OREO	(14)	267	(10)	487
Net loss on branch divestiture		(119)		(119)
Other	861	790	2,673	1,983
Total noninterest income	17,913	11,153	44,527	29,976
Total net revenue	$ 64,311	$ 58,573	$ 181,583	$ 167,744
Net-revenue concentration (as percent)	88.00%	86.00%	73.00%	71.00%
Traditional Banking
Revenue recognition
Net interest income	$ 38,753	$ 42,879	$ 118,409	$ 126,103
Noninterest income:
Service charges on deposit accounts	3,000	3,738	8,576	10,616
Interchange fee income	2,873	3,008	8,090	8,802
Increase in cash surrender value of BOLI	400	394	1,184	1,154
Net gains (losses) on OREO	(14)	267	(10)	487
Net loss on branch divestiture		(119)		(119)
Other	879	814	2,659	1,911
Total noninterest income	7,138	8,102	20,499	22,851
Total net revenue	$ 45,891	$ 50,981	$ 138,908	$ 148,954
Net-revenue concentration (as percent)	63.00%	75.00%	56.00%	63.00%
Warehouse Lending
Revenue recognition
Net interest income	$ 7,345	$ 4,329	$ 17,715	$ 11,181
Noninterest income:
Service charges on deposit accounts	18	11	46	34
Other	(39)	(90)	(39)	(90)
Total noninterest income	(21)	(79)	7	(56)
Total net revenue	$ 7,324	$ 4,250	$ 17,722	$ 11,125
Net-revenue concentration (as percent)	10.00%	6.00%	7.00%	5.00%
Mortgage Banking
Revenue recognition
Net interest income	$ 300	$ 212	$ 932	$ 484
Noninterest income:
Mortgage banking income	10,775	3,064	23,968	7,019
Other	21	66	53	162
Total noninterest income	10,796	3,130	24,021	7,181
Total net revenue	$ 11,096	$ 3,342	$ 24,953	$ 7,665
Net-revenue concentration (as percent)	15.00%	5.00%	10.00%	3.00%
Republic Processing Group
Revenue recognition
Net interest income	$ 5,854	$ 8,066	$ 40,139	$ 43,963
Noninterest income:
Service charges on deposit accounts	(1)		(18)
Net refund transfer fees	1,152	317	19,888	21,046
Interchange fee income	38	23	181	243
Program fees	1,487	1,317	5,249	3,428
Other	8	1	90	660
Total noninterest income	2,684	1,658	25,390	25,377
Total net revenue	$ 8,538	$ 9,724	$ 65,529	$ 69,340
Net-revenue concentration (as percent)	12.00%	14.00%	27.00%	29.00%
Tax Refund Solutions
Revenue recognition
Net interest income	$ 878	$ 295	$ 22,484	$ 21,443
Noninterest income:
Service charges on deposit accounts	(1)		(18)
Net refund transfer fees	1,152	317	19,888	21,046
Interchange fee income	38	23	181	243
Program fees	643	122	1,573	318
Other	8	1	90	1
Total noninterest income	1,840	463	21,714	21,608
Total net revenue	$ 2,718	$ 758	$ 44,198	$ 43,051
Net-revenue concentration (as percent)	4.00%	1.00%	18.00%	18.00%
Republic Credit Solutions
Revenue recognition
Net interest income	$ 4,976	$ 7,771	$ 17,655	$ 22,520
Noninterest income:
Program fees	844	1,195	3,676	3,110
Other				659
Total noninterest income	844	1,195	3,676	3,769
Total net revenue	$ 5,820	$ 8,966	$ 21,331	$ 26,289
Net-revenue concentration (as percent)	8.00%	13.00%	9.00%	11.00%

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)segment	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Segment Disclosure information
Number of reportable segments | segment			5
Segment information
Net interest income	$ 52,252	$ 55,486	$ 177,195	$ 181,731
Provision for expected credit loss expense	1,500	3,153	30,794	24,844
Net refund transfer fees	1,152	317	19,888	21,046
Mortgage banking income	10,775	3,064	23,968	7,019
Program fees	1,487	1,317	5,249	3,428
Net loss on branch divestiture		(119)		(119)
Other noninterest income	7,183	8,232	20,812	23,979
Total noninterest income	20,597	12,811	69,917	55,353
Total noninterest expenses	45,523	42,411	137,317	131,348
INCOME BEFORE INCOME TAX EXPENSE	25,826	22,733	79,001	80,892
Income tax expense (benefit)	5,437	4,325	16,111	14,961
NET INCOME	20,389	18,408	62,890	65,931
Period-end assets	$ 6,240,446	$ 6,103,647	$ 6,240,446	$ 6,103,647	$ 5,620,319
Net interest margin (as percent)	3.59%	4.07%	4.21%	4.60%
Net-revenue concentration (as percent)	100.00%	100.00%	100.00%	100.00%
Core Banking
Segment Disclosure information
Number of reportable segments | segment			3
Segment information
Net interest income	$ 46,398	$ 47,420	$ 137,056	$ 137,768
Provision for expected credit loss expense	5,854	2,175	15,304	4,433
Mortgage banking income	10,775	3,064	23,968	7,019
Net loss on branch divestiture		(119)		(119)
Other noninterest income	7,138	8,208	20,559	23,076
Total noninterest income	17,913	11,153	44,527	29,976
Total noninterest expenses	41,122	38,405	120,756	115,943
INCOME BEFORE INCOME TAX EXPENSE	17,335	17,993	45,523	47,368
Income tax expense (benefit)	3,520	3,219	8,436	7,128
NET INCOME	13,815	14,774	37,087	40,240
Period-end assets	$ 5,858,447	$ 5,974,662	$ 5,858,447	$ 5,974,662
Net interest margin (as percent)	3.25%	3.56%	3.37%	3.63%
Net-revenue concentration (as percent)	88.00%	86.00%	73.00%	71.00%
Traditional Banking
Segment information
Net interest income	$ 38,753	$ 42,879	$ 118,409	$ 126,103
Provision for expected credit loss expense	5,857	1,555	14,526	3,171
Net loss on branch divestiture		(119)		(119)
Other noninterest income	7,138	8,221	20,499	22,970
Total noninterest income	7,138	8,102	20,499	22,851
Total noninterest expenses	36,415	35,882	109,750	109,196
INCOME BEFORE INCOME TAX EXPENSE	3,619	13,544	14,632	36,587
Income tax expense (benefit)	558	2,244	1,747	4,753
NET INCOME	3,061	11,300	12,885	31,834
Period-end assets	$ 4,769,848	$ 4,960,737	$ 4,769,848	$ 4,960,737
Net interest margin (as percent)	3.22%	3.76%	3.41%	3.75%
Net-revenue concentration (as percent)	63.00%	75.00%	56.00%	63.00%
Warehouse Lending
Segment information
Net interest income	$ 7,345	$ 4,329	$ 17,715	$ 11,181
Provision for expected credit loss expense	(3)	620	778	1,262
Other noninterest income	(21)	(79)	7	(56)
Total noninterest income	(21)	(79)	7	(56)
Total noninterest expenses	1,875	886	3,489	2,436
INCOME BEFORE INCOME TAX EXPENSE	5,452	2,744	13,455	7,427
Income tax expense (benefit)	1,226	617	3,027	1,671
NET INCOME	4,226	2,127	10,428	5,756
Period-end assets	$ 1,026,790	$ 973,716	$ 1,026,790	$ 973,716
Net interest margin (as percent)	3.41%	2.30%	3.07%	2.49%
Net-revenue concentration (as percent)	10.00%	6.00%	7.00%	5.00%
Mortgage Banking
Segment information
Net interest income	$ 300	$ 212	$ 932	$ 484
Mortgage banking income	10,775	3,064	23,968	7,019
Other noninterest income	21	66	53	162
Total noninterest income	10,796	3,130	24,021	7,181
Total noninterest expenses	2,832	1,637	7,517	4,311
INCOME BEFORE INCOME TAX EXPENSE	8,264	1,705	17,436	3,354
Income tax expense (benefit)	1,736	358	3,662	704
NET INCOME	6,528	1,347	13,774	2,650
Period-end assets	$ 61,809	$ 40,209	$ 61,809	$ 40,209
Net-revenue concentration (as percent)	15.00%	5.00%	10.00%	3.00%
Republic Processing Group
Segment Disclosure information
Number of reportable segments | segment			2
Segment information
Net interest income	$ 5,854	$ 8,066	$ 40,139	$ 43,963
Provision for expected credit loss expense	(4,354)	978	15,490	20,411
Net refund transfer fees	1,152	317	19,888	21,046
Program fees	1,487	1,317	5,249	3,428
Other noninterest income	45	24	253	903
Total noninterest income	2,684	1,658	25,390	25,377
Total noninterest expenses	4,401	4,006	16,561	15,405
INCOME BEFORE INCOME TAX EXPENSE	8,491	4,740	33,478	33,524
Income tax expense (benefit)	1,917	1,106	7,675	7,833
NET INCOME	6,574	3,634	25,803	25,691
Period-end assets	$ 381,999	$ 128,985	$ 381,999	$ 128,985
Net-revenue concentration (as percent)	12.00%	14.00%	27.00%	29.00%
Tax Refund Solutions
Segment information
Net interest income	$ 878	$ 295	$ 22,484	$ 21,443
Provision for expected credit loss expense	(4,342)	(2,008)	15,239	11,818
Net refund transfer fees	1,152	317	19,888	21,046
Program fees	643	122	1,573	318
Other noninterest income	45	24	253	244
Total noninterest income	1,840	463	21,714	21,608
Total noninterest expenses	3,226	3,047	13,589	13,010
INCOME BEFORE INCOME TAX EXPENSE	3,834	(281)	15,370	18,223
Income tax expense (benefit)	843	(67)	3,487	4,251
NET INCOME	2,991	(214)	11,883	13,972
Period-end assets	$ 269,337	$ 24,296	$ 269,337	$ 24,296
Net-revenue concentration (as percent)	4.00%	1.00%	18.00%	18.00%
Republic Credit Solutions
Segment information
Net interest income	$ 4,976	$ 7,771	$ 17,655	$ 22,520
Provision for expected credit loss expense	(12)	2,986	251	8,593
Program fees	844	1,195	3,676	3,110
Other noninterest income				659
Total noninterest income	844	1,195	3,676	3,769
Total noninterest expenses	1,175	959	2,972	2,395
INCOME BEFORE INCOME TAX EXPENSE	4,657	5,021	18,108	15,301
Income tax expense (benefit)	1,074	1,173	4,188	3,582
NET INCOME	3,583	3,848	13,920	11,719
Period-end assets	$ 112,662	$ 104,689	$ 112,662	$ 104,689
Net-revenue concentration (as percent)	8.00%	13.00%	9.00%	11.00%