Republic Bancorp (RBCAA) 10-Q5 Nov 212021 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2021	Oct. 31, 2021
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, 2021
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	2021
Document Fiscal Period Focus	Q3
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		18,042,274
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,165,064

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents	$ 1,011,247	$ 485,587
Available-for-sale debt securities, at fair value (amortized cost of $489,015 in 2021 and $512,518 in 2020, allowance for credit losses of $0 in 2021 and $0 in 2020)	495,880	523,863
Held-to-maturity debt securities (fair value of $45,590 in 2021 and $54,190 in 2020, allowance for credit losses of $54 in 2021 and $178 in 2020)	44,991	53,324
Equity securities with readily determinable fair value	2,578	3,083
Mortgage loans held for sale, at fair value	25,791	46,867
Consumer loans held for sale, at fair value	10,779	3,298
Consumer loans held for sale, at the lower of cost or fair value	3,976	1,478
Loans for discontinued operations, at the lower of cost or fair value	24	23,765
Loans (loans carried at fair value of $254 in 2021 and $497 in 2020)	4,343,782	4,789,338
Allowance for credit losses	(63,024)	(61,067)
Loans, net	4,280,758	4,728,271
Federal Home Loan Bank stock, at cost	10,311	17,397
Premises and equipment, net	37,499	39,512
Right-of-use assets	39,257	43,345
Goodwill	16,300	16,300
Other real estate owned	1,845	2,499
Bank owned life insurance	99,634	68,018
Other assets and accrued interest receivable	106,764	111,718
TOTAL ASSETS	6,187,634	6,168,325
Deposits:
Noninterest-bearing	2,053,485	1,871,539
Interest-bearing	2,861,399	2,842,765
Deposits of discontinued operations	33,063	18,877
Total deposits	4,947,947	4,733,181
Securities sold under agreements to repurchase and other short-term borrowings	260,583	211,026
Operating lease liabilities	40,151	44,340
Federal Home Loan Bank advances	25,000	235,000
Subordinated note		41,240
Other liabilities and accrued interest payable	75,296	80,215
Total liabilities	5,348,977	5,345,002
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	4,752	4,899
Additional paid in capital	140,842	143,637
Retained earnings	687,915	666,278
Accumulated other comprehensive income	5,148	8,509
Total stockholders' equity	838,657	823,323
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 6,187,634	$ 6,168,325

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Available-for-sale debt securities	$ 489,015	$ 512,518
Available-for-sale debt securities, allowance for credit losses	0	0
Held-to-maturity debt securities	45,590	54,190
Held-to-maturity debt securities, allowance for credit losses	54	178
Loans held for investment fair value	$ 254	$ 497
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
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
INTEREST INCOME:
Loans, including fees	$ 51,409	$ 53,447	$ 153,433	$ 164,302
Taxable investment securities	1,845	2,266	5,655	7,761
Federal Home Loan Bank stock and other	446	192	1,178	2,379
Total interest income	53,700	55,905	160,266	174,442
INTEREST EXPENSE:
Deposits	1,148	2,876	4,037	12,298
Securities sold under agreements to repurchase and other short-term borrowings	71	92	350	1,701
Federal Reserve Payment Protection Plan Liquidity Facility		48		153
Federal Home Loan Bank advances	6	658	47	3,128
Subordinated note	166	182	507	829
Total interest expense	1,391	3,856	4,941	18,109
NET INTEREST INCOME	52,309	52,049	155,325	156,333
Provision for expected credit loss expense	3,553	5,842	4,381	15,555
NET INTEREST INCOME AFTER PROVISION	48,756	46,207	150,944	140,778
NONINTEREST INCOME:
Mortgage banking income	5,280	10,775	16,655	23,968
Program fees	4,530	1,487	10,304	5,249
Increase in cash surrender value of bank owned life insurance	626	400	1,616	1,184
Total noninterest income	17,995	19,400	49,997	49,761
NONINTEREST EXPENSE:
Salaries and employee benefits	25,948	25,207	79,470	75,405
Technology, equipment, and communication	7,226	7,402	21,479	20,966
Occupancy	3,195	3,367	10,004	9,885
Marketing and development	1,234	864	3,085	2,574
FDIC insurance expense	325	345	1,039	644
Bank franchise tax expense	329	972	1,106	2,665
Interchange related expense	1,275	1,056	3,707	3,305
Other real estate owned and other repossession expense		6	(32)	45
Legal and professional fees	581	1,240	2,182	3,337
Other	2,481	3,319	7,953	10,262
Total noninterest expense	42,594	43,778	129,993	129,088
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAX EXPENSE	24,157	21,829	70,948	61,451
INCOME TAX EXPENSE	5,745	4,554	15,708	12,107
INCOME FROM CONTINUING OPERATIONS	18,412	17,275	55,240	49,344
DISCONTINUED OPERATIONS:
Income from discontinued operations before income taxes	2,070	3,997	19,584	17,550
Income tax expense	473	883	4,840	4,004
Income from discontinued operations, net of tax	1,597	3,114	14,744	13,546
NET INCOME	20,009	20,389	69,984	62,890
Service charges on deposit accounts
NONINTEREST INCOME:
Revenue under 606	3,277	3,017	9,221	8,604
Interchange fee income
NONINTEREST INCOME:
Revenue under 606	3,200	2,874	9,539	8,093
Net gains (losses) on other real estate owned
NONINTEREST INCOME:
Revenue under 606	(52)	(14)	(107)	(10)
Other
NONINTEREST INCOME:
Revenue under 606	$ 1,134	$ 861	$ 2,769	$ 2,673
Class A Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share continuing operations (in dollars per share)	$ 0.91	$ 0.83	$ 2.69	$ 2.37
Basic earnings per share discontinued operations (in dollars per share)	0.08	0.15	0.71	0.65
Basic earnings per share (in dollars per share)	0.99	0.98	3.40	3.02
DILUTED EARNINGS PER SHARE:
Diluted earnings per share continuing operations (in dollars per share)	0.91	0.83	2.68	2.37
Diluted earnings per share discontinued operations (in dollar per share)	0.08	0.15	0.71	0.65
Diluted earnings per share (in dollars per share)	0.99	0.98	3.39	3.02
Class B Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share continuing operations (in dollars per share)	0.83	0.75	2.45	2.16
Basic earnings per share discontinued operations (in dollars per share)	0.07	0.14	0.65	0.59
Basic earnings per share (in dollars per share)	0.90	0.89	3.10	2.75
DILUTED EARNINGS PER SHARE:
Diluted earnings per share continuing operations (in dollars per share)	0.83	0.75	2.44	2.15
Diluted earnings per share discontinued operations (in dollar per share)	0.07	0.14	0.65	0.59
Diluted earnings per share (in dollars per share)	$ 0.90	$ 0.89	$ 3.09	$ 2.74

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 20,009	$ 20,389	$ 69,984	$ 62,890
OTHER COMPREHENSIVE INCOME (LOSS)
Change in fair value of derivatives used for cash flow hedges		(1)		(173)
Reclassification amount for net derivative losses realized in income		103		211
Unrealized gains and (losses) on AFS debt securities	(1,899)	(258)	(4,542)	8,618
Unrealized gain (loss) of AFS debt security for which a portion of OTTI has been recognized in earnings	13	61	62	(46)
Total other comprehensive income (loss) before income tax	(1,886)	(95)	(4,480)	8,610
Tax effect	471	24	1,119	(2,153)
Total other comprehensive (loss) income, net of tax	(1,415)	(71)	(3,361)	6,457
COMPREHENSIVE INCOME	$ 18,594	$ 20,318	$ 66,623	$ 69,347

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, 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			(20)	(582)				(2,250)					(2,852)
Conversion of Class B Common Stock to Class A Common Stock (in shares)	(86)
Repurchase of Class A Common Stock		$ (6)
Repurchase of Class A Common Stock (in shares)	6
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 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 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
Balance at beginning of period at Dec. 31, 2020			4,899	143,637				666,278	8,509				823,323
Balance (in shares) at Dec. 31, 2020	18,697	2,199
Increase (Decrease) in Stockholders' Equity
Net income								69,984					69,984
Net change in accumulated other comprehensive income									(3,361)				(3,361)
Dividends declared on Common Stock:
Dividends declared on Common Stock					(16,980)	(1,830)				(16,980)	(1,830)
Stock options exercised, net of shares withheld			13	(155)									(142)
Stock options exercised, net of shares withheld (in shares)	28
Conversion of Class B Common Stock to Class A Common Stock (in shares)	34	(34)
Repurchase of Class A Common Stock			(165)	(5,205)				(29,537)					(34,907)
Repurchase of Class A Common Stock (in shares)	(749)
Net change in notes receivable on Class A Common Stock				150									150
Deferred director compensation expense - Class A Common Stock				330									330
Deferred director compensation expense - Class A Common Stock (in shares)	4
Deferred designed key employee compensation expense - Class A Common Stock				478									478
Employee stock purchase plan - Class A Common Stock			3	507									510
Employee stock purchase plan - Class A Common Stock (in shares)	11
Stock-based awards, Performance stock units				97									97
Stock-based awards, Restricted stock			2	583									585
Stock-based awards, Restricted stock (in shares)	15
Stock options				420									420
Balance at end of period at Sep. 30, 2021			4,752	140,842				687,915	5,148				838,657
Balance (in shares) at Sep. 30, 2021	18,040	2,165
Balance at beginning of period at Jun. 30, 2021			4,841	142,884				690,802	6,563				845,090
Balance (in shares) at Jun. 30, 2021	18,421	2,166
Increase (Decrease) in Stockholders' Equity
Net income								20,009					20,009
Net change in accumulated other comprehensive income									(1,415)				(1,415)
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (5,557)	$ (606)				$ (5,557)	$ (606)
Conversion of Class B Common Stock to Class A Common Stock (in shares)	1	(1)
Repurchase of Class A Common Stock			(90)	(2,855)				(16,733)					(19,678)
Repurchase of Class A Common Stock (in shares)	(387)
Net change in notes receivable on Class A Common Stock				100									100
Deferred director compensation expense - Class A Common Stock				121									121
Deferred designed key employee compensation expense - Class A Common Stock				175									175
Employee stock purchase plan - Class A Common Stock			1	191									192
Employee stock purchase plan - Class A Common Stock (in shares)	4
Stock-based awards, Performance stock units				32									32
Stock-based awards, Restricted stock				64									64
Stock-based awards, Restricted stock (in shares)	1
Stock options				130									130
Balance at end of period at Sep. 30, 2021			$ 4,752	$ 140,842				$ 687,915	$ 5,148				$ 838,657
Balance (in shares) at Sep. 30, 2021	18,040	2,165

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Class A Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 0.308	$ 0.286	$ 0.924	$ 0.858
Class B Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 0.280	$ 0.260	$ 0.840	$ 0.780

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
OPERATING ACTIVITIES:
Net income	$ 69,984	$ 62,890
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization on investment securities	805	1,154
Net accretion on loans and amortization of core deposit intangible and operating lease components	(12,650)	(3,261)
Unrealized losses on equity securities with readily determinable fair value	505	118
Depreciation of premises and equipment	6,747	7,420
Amortization of mortgage servicing rights	2,617	2,701
Impairment of mortgage servicing rights	(500)	500
Provision for on-balance sheet exposures for continuing operations	4,381	15,555
Provision for on-balance sheet exposures for discontinued operations	7,850	15,239
Provision for off-balance sheet exposures	(52)	467
Net gain on sale of mortgage loans held for sale	(16,339)	(25,030)
Origination of mortgage loans held for sale	(525,246)	(547,556)
Proceeds from sale of mortgage loans held for sale	562,661	546,950
Net gain on sale of consumer loans held for sale	(7,889)	(3,751)
Origination of consumer loans held for sale	(561,062)	(391,688)
Proceeds from sale of consumer loans held for sale	558,972	395,791
Net gain realized on sale of other real estate owned	(51)	(43)
Writedowns of other real estate owned	158	53
Deferred compensation expense - Class A Common Stock	808	640
Stock-based awards and ESPP expense - Class A Common Stock	1,178	445
Net gain on sale of bank premises and equipment	(399)	(353)
Increase in cash surrender value of bank owned life insurance	(1,616)	(1,184)
Net change in other assets and liabilities:
Accrued interest receivable	3,573	810
Accrued interest payable	(162)	(2,074)
Other assets	(4,743)	(13,126)
Other liabilities	(1,381)	(623)
Net cash provided by operating activities	88,149	62,044
INVESTING ACTIVITIES:
Purchases of available-for-sale debt securities	(141,571)	(278,878)
Proceeds from calls, maturities and paydowns of available-for-sale debt securities	164,280	207,397
Proceeds from calls, maturities and paydowns of held-to-maturity debt securities	8,444	7,952
Net change in outstanding warehouse lines of credit	212,114	(311,217)
Net change in other loans from continuing operations	235,993	(282,185)
Net change in loans from discontinued operations	23,717	14,132
Proceeds from redemption of Federal Home Loan Bank stock	7,086	20,197
Purchase of Federal Home Loan Bank stock		(9,000)
Proceeds from sales of other real estate owned	611	156
Proceeds from sale of bank premises and equipment	637	894
Purchase of bank owned life insurance	(30,000)
Net purchases of premises and equipment	(4,972)	(2,711)
Net cash provided by (used in) investing activities	476,339	(633,263)
FINANCING ACTIVITIES:
Net change in deposits from continuing operations	200,580	1,153,770
Net change in deposits from discontinued operations	14,186	52,551
Net change in securities sold under agreements to repurchase and other short-term borrowings	49,557	(41,445)
Payments of Federal Home Loan Bank advances	(235,000)	(1,067,500)
Proceeds from Federal Home Loan Bank advances	25,000	450,000
Payoff of subordinated note, net of common security interest	(40,000)
Repurchase of Class A Common Stock	(34,907)	(2,852)
Net proceeds from Class A Common Stock purchased through employee stock purchase plan	435	461
Net proceeds from option exercises and equity awards vested - Class A Common Stock	(142)	251
Cash dividends paid	(18,537)	(17,292)
Net cash (used in) provided by financing activities	(38,828)	527,944
NET CHANGE IN CASH AND CASH EQUIVALENTS	525,660	(43,275)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	485,587	385,303
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,011,247	342,028
Cash paid during the period for:
Interest	4,790	19,167
Income taxes	16,736	16,204
SUPPLEMENTAL NONCASH DISCLOSURES:
Mortgage servicing rights capitalized	3,889	3,987
Transfers from loans to real estate acquired in settlement of loans	64	2,109
Transfers from loans held for investment to held for sale	24
Unfunded commitments in low-income-housing investments		10,000
Right-of-use assets recorded	$ 263	14,144
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, 2021
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. In 2005, Republic Bancorp Capital Trust, an unconsolidated trust subsidiary of Republic, was formed and issued $40 million in TPS. On September 30, 2021, as permitted under the terms of RBCT’s governing documents, Republic redeemed these securities at the par amount of approximately $40 million, without penalty. Although the TPS were treated as part of Republic’s Tier I Capital while outstanding, Republic’s capital ratios remained well above “well capitalized” levels following this redemption. 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, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021. 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, 2020. As of September 30, 2021, 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. See additional detail regarding the Bank’s agreement to sell TRS under Footnote 17 “Discontinued Operations” in this section of the filing. The Company’s financial condition as of September 30, 2021 and results of operations for the three and nine months ended September 30, 2021 and 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 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 — 7 ● Metropolitan Cincinnati, Ohio — 2 ● Metropolitan Nashville, Tennessee — 2 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; technology, equipment, and communication; occupancy; interchange related expense; marketing and development; FDIC insurance 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 United States through mortgage warehouse lines of credit. These credit facilities are primarily secured by single-family, first-lien residential real estate loans. The credit facility enables the mortgage banking clients to close single-family, first-lien residential real estate loans in their own name and temporarily fund their inventory of these closed loans until the loans are sold to investors approved by the Bank. Individual loans are expected to remain on the warehouse line for an average of 15 to 30 days . Reverse mortgage loans typically remain on the line longer than conventional mortgage loans. Interest income and loan fees are accrued for each individual loan during the time the loan remains on the warehouse line and collected when the loan is sold. The Core Bank receives the sale proceeds of each loan directly from the investor and applies the funds to pay off the warehouse advance and related accrued interest and fees. The remaining proceeds are credited to the mortgage-banking client. Mortgage Banking segment — Republic Processing Group Tax Refund Solutions segment — As a result of the Purchase Agreement and the proposed Sale Transaction, the results for the Company, RPG, and its TRS segment are presented within this filing to reflect continuing versus discontinued operations. RPG’s continuing operations include its RCS segment, its RPS division, and certain overhead costs previously allocated to TRS that will remain with RPG. Discontinued operations are those contracted to be sold. These discontinued operations have historically contained the majority of TRS’s revenue and expense. Interest income and expense for continuing and discontinued operations also include intercompany interest charged and earned based on the Company’s funds transfer pricing methodology. On October 4, 2021, Green Dot announced that it had been unable to obtain the Federal Reserve’s approval of or non-objection to the Sale Transaction and that, as a result, Green Dot would not consummate the Sale Transaction. On October 5, 2021, the Bank filed a lawsuit against Green Dot in the Delaware Court of Chancery, C.A. No. 2021-0854-SG, alleging breach of contract. In so doing, the Bank seeks, among other relief, specific performance to require that Green Dot proceed with the Sale Transaction as the parties had agreed to in the Purchase Agreement. Due to the inherent uncertainties of legal proceedings, at this time, the Company cannot predict the outcome of these proceedings and their impact on the Company’s financial condition and results of operations. See additional detail regarding the Bank’s agreement to sell TRS under Footnote 17 “Discontinued Operations” in this section of the filing. Republic Payment Solutions division . 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 products – Using separate third-party service providers, the Bank originates two line-of-credit products to generally subprime borrowers in multiple states. The first of these two products (the “LOC I”) has been originated by the Bank since 2014. The second (the “LOC II”) was introduced in January 2021. o RCS’s LOC I represents the substantial majority of RCS activity. Elastic Marketing, LLC and Elevate Decision Sciences, LLC, are third-party service providers for the product and are both subject to the Bank’s oversight and supervision. Together, these companies provide the Bank with certain marketing, servicing, technology, and support services, while a separate third party provides customer support, servicing, and other services on the Bank’s behalf. The Bank is the lender for this 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 product. The Bank sells participation interests in this 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 LOC I account with each borrower. Loan balances held for sale through this program are carried at the lower of cost or fair value. o In January 2021, RCS began originating balances through its LOC II. One of RCS’s existing th ird-party service providers, subject to the Bank’s oversight and supervision, provides the Bank with marketing services and loan servicing for the LOC II product. The Bank is the lender for this product and is marketed as such. Furthermore, the Bank controls the loan terms and underwriting guidelines, and the Bank exercises consumer compliance oversight of this product. The Bank sells participation interests in this product. These participation interests are a 95% 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 5% participation interest in each advance, it maintains 100% ownership of the underlying LOC II account with each borrower. Loan balances held for sale through this program are carried at the lower of cost or fair value. ● RCS installment loan product – In December 2019, through RCS, the Bank began offering installment loans with terms ranging from 12 to 60 months to borrowers in multiple states. The same third-party service provider for RCS’s LOC II is the third-party service provider for the installment loans. This third-party service provider is subject to the Bank’s oversight and supervision and 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. Furthermore, 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 The following ASUs were adopted by the Company during the nine months ended September 30, 2021: ASU. No. Topic Nature of Update Date Adopted Method of Adoption 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 2020-10 Codification Improvements This ASU affects a wide variety of Topics in the Codification. January 1, 2021 Prospectively Immaterial 2021-01 Reference Rate Reform (Topic 848): Scope This ASU clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition. The ASU also amends the expedients and exceptions in Topic 848 to capture the incremental consequences of the scope clarification and to tailor the existing guidance to derivative instruments affected by the discounting transition. January 7, 2021 Prospectively Immaterial 2021-06 Presentation of Financial Statements (Topic 205), Financial Services—Depository and Lending (Topic 942), and Financial Services—Investment Companies (Topic 946) This ASU amends the SEC sections of the Codification related to SEC Final Rule Releases No. 33-10786, Amendments to Financial Disclosures about Acquired and Disposed Businesses, and No. 33-10835, Update of Statistical Disclosures for Bank and Savings and Loan Registrants. August 9, 2021 Prospectively Immaterial Accounting Standards Update There were no not-yet-effective ASUs relevant to the Company’s financial statements issued since the Company’s last filing on Form 10-Q.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	9 Months Ended
INVESTMENT SECURITIES	Sep. 30, 2021
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, 2021 (in thousands) Cost Gains Losses Credit Losses Value U.S. Treasury securities and U.S. Government agencies $ 234,980 $ 747 $ (882) $ — $ 234,845 Private label mortgage-backed security 1,468 1,312 — — 2,780 Mortgage-backed securities - residential 204,869 5,059 (123) — 209,805 Collateralized mortgage obligations 34,027 521 (29) — 34,519 Corporate bonds 10,000 81 — — 10,081 Trust preferred security 3,671 179 — — 3,850 Total available-for-sale debt securities $ 489,015 $ 7,899 $ (1,034) $ — $ 495,880 Gross Gross Allowance Amortized Unrealized Unrealized for Fair December 31, 2020 (in thousands) Cost Gains Losses Credit Losses Value U.S. Treasury securities and U.S. Government agencies $ 245,204 $ 1,730 $ (25) $ — $ 246,909 Private label mortgage-backed security 1,707 1,250 — — 2,957 Mortgage-backed securities - residential 203,786 7,419 (3) — 211,202 Collateralized mortgage obligations 48,190 772 (10) — 48,952 Corporate bonds 10,000 43 — — 10,043 Trust preferred security 3,631 169 — — 3,800 Total available-for-sale debt securities $ 512,518 $ 11,383 $ (38) $ — $ 523,863 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, 2021 (in thousands) Value Gains Losses Value Credit Losses Mortgage-backed securities - residential $ 47 $ — $ — $ 47 $ — Collateralized mortgage obligations 9,777 150 — 9,927 — Corporate bonds 34,976 390 — 35,366 (54) Obligations of state and political subdivisions 245 5 — 250 — Total held-to-maturity debt securities $ 45,045 $ 545 $ — $ 45,590 $ (54) Gross Gross Allowance Carrying Unrecognized Unrecognized Fair for December 31, 2020 (in thousands) Value Gains Losses Value Credit Losses Mortgage-backed securities - residential $ 99 $ 5 $ — $ 104 $ — Collateralized mortgage obligations 13,061 176 — 13,237 — Corporate bonds 39,986 499 — 40,485 (178) Obligations of state and political subdivisions 356 8 — 364 — Total held-to-maturity debt securities $ 53,502 $ 688 $ — $ 54,190 $ (178) Sales of Available-for-Sale Debt Securities During the three and nine months ended September 30, 2021 and 2020, there were no material 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 as of September 30, 2021 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, 2021 (in thousands) Cost Value Value Value Due in one year or less $ 25,044 $ 25,270 $ 121 $ 123 Due from one year to five years 179,937 179,803 35,100 35,493 Due from five years to ten years 40,000 39,853 — — Due beyond ten years 3,670 3,850 — — Private label mortgage-backed security 1,468 2,780 — — Mortgage-backed securities - residential 204,869 209,805 47 47 Collateralized mortgage obligations 34,027 34,519 9,777 9,927 Total debt securities $ 489,015 $ 495,880 $ 45,045 $ 45,590 Unrealized-Loss Analysis on Debt Securities The following tables summarize AFS debt securities in an unrealized loss position for which an ACLS had not been recorded as of September 30, 2021 and December 31, 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, 2021 (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 $ 158,944 $ (882) $ — $ — $ 158,944 $ (882) Mortgage-backed securities - residential 34,432 (123) — — 34,432 (123) Collateralized mortgage obligations 5,164 (29) — — 5,164 (29) Total available-for-sale debt securities $ 198,540 $ (1,034) $ — $ — $ 198,540 $ (1,034) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 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 $ 59,971 $ (25) $ — $ — $ 59,971 $ (25) Mortgage-backed securities - residential 1,068 (3) — — 1,068 (3) Collateralized mortgage obligations 2,788 (10) — — 2,788 (10) Total available-for-sale debt securities $ 63,827 $ (38) $ — $ — $ 63,827 $ (38) As of September 30, 2021, the Bank’s security portfolio consisted of 170 securities, 30 of which were in an unrealized loss position. As of December 31, 2020, the Bank’s security portfolio consisted of 173 securities, 19 of which were in an unrealized loss position. As of September 30, 2021 and December 31, 2020, 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 As of September 30, 2021, with the exception of the $2.8 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. As of September 30, 2021 and December 31, 2020, there were gross unrealized losses of $152,000 and $13,000 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 $2.8 million as of September 30, 2021. 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, 2021 and 2020 of the ACLS on AFS and HTM debt securities: ACLS Rollforward Three Months Ended September 30, 2021 2020 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ — $ — $ — $ — $ — $ 126 $ (74) $ — $ — $ 52 Held-to-Maturity Securities: Corporate Bonds 56 (2) — — 54 147 148 — — 295 Total $ 56 $ (2) $ — $ — $ 54 $ 273 $ 74 $ — $ — $ 347 The Company decreased the ACLS on its HTM corporate bonds during the three months ended September 30, 2021 based on improved PD and LGD estimates on these bonds. PD and LGD estimates for these bonds were elevated during 2020 due to pandemic-driven economic concerns. ACLS Rollforward Nine Months Ended September 30, 2021 2020 Beginning Charge- Ending Beginning ASC 326 Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Adoption Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ — $ — $ — $ — $ — $ — $ — $ 52 $ — $ — $ 52 Held-to-Maturity Securities: Corporate Bonds 178 (124) — — 54 — 51 244 — — 295 Total $ 178 $ (124) $ — $ — $ 54 $ — $ 51 $ 296 $ — $ — $ 347 The Company decreased the ACLS on its HTM corporate bonds during the nine months ended September 30, 2021 based on improved PD and LGD estimates on these bonds. PD and LGD estimates for these bonds were elevated during 2020 due to pandemic-driven economic concerns. There were no HTM debt securities on nonaccrual or past due over 89 days as of September 30, 2021 and December 31, 2020. All of the Company’s HTM corporate bonds were rated investment grade as of September 30, 2021 and December 31, 2020. There were no HTM debt securities considered collateral dependent as of September 30, 2021 and December 31, 2020. Accrued interest on AFS debt securities is presented as a component of other assets on the Company’s balance sheet and is excluded from the ACLS. Accrued interest on AFS debt securities totaled $1 million and $1 million as of September 30, 2021 and December 31, 2020. Accrued interest receivable on HTM debt securities totaled $88,000 and $110,000 as of September 30, 2021 and December 31, 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, 2021 December 31, 2020 Carrying amount $ 354,275 $ 303,535 Fair value 354,341 303,611 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, 2021 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 102 $ — $ 102 Community Reinvestment Act mutual fund 2,500 — (24) 2,476 Total equity securities with readily determinable fair values $ 2,500 $ 102 $ (24) $ 2,578 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2020 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 560 $ — $ 560 Community Reinvestment Act mutual fund 2,500 23 — 2,523 Total equity securities with readily determinable fair values $ 2,500 $ 583 $ — $ 3,083 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, 2021 Three Months Ended September 30, 2020 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ (13) $ (13) $ — $ 50 $ 50 Community Reinvestment Act mutual fund — (9) (9) — 4 4 Total equity securities with readily determinable fair value $ — $ (22) $ (22) $ — $ 54 $ 54 Gains (Losses) Recognized on Equity Securities Nine Months Ended September 30, 2021 Nine Months Ended September 30, 2020 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ (458) $ (458) $ — $ (178) $ (178) Community Reinvestment Act mutual fund — (47) (47) — 60 60 Total equity securities with readily determinable fair value $ — $ (505) $ (505) $ — $ (118) $ (118)

LOANS HELD FOR SALE

LOANS HELD FOR SALE	9 Months Ended
LOANS HELD FOR SALE	Sep. 30, 2021
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) 2021 2020 2021 2020 Balance, beginning of period $ 13,020 $ 164 $ 3,298 $ 598 Origination of consumer loans held for sale 67,526 1,559 136,222 49,300 Proceeds from the sale of consumer loans held for sale (71,427) (1,321) (132,330) (50,872) Net gain on sale of consumer loans held for sale 1,660 47 3,589 1,423 Balance, end of period $ 10,779 $ 449 $ 10,779 $ 449 Consumer Loans Held for Sale, at the Lower of Cost or Fair Value RCS originates for sale 90% to 95% of the balances from its line-of-credit products and 100% for some of its healthcare receivables products. 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) 2021 2020 2021 2020 Balance, beginning of period $ 11,412 $ 12,801 $ 1,478 $ 11,646 Origination of consumer loans held for sale 189,492 107,518 424,840 342,388 Proceeds from the sale of consumer loans held for sale (199,036) (109,669) (426,642) (344,919) Net gain on sale of consumer loans held for sale 2,108 793 4,300 2,328 Balance, end of period $ 3,976 $ 11,443 $ 3,976 $ 11,443

LOANS AND ALLOWANCE FOR CREDIT

LOANS AND ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
LOANS AND ALLOWANCE FOR CREDIT LOSSES	Sep. 30, 2021
LOANS AND ALLOWANCE FOR CREDIT LOSSES
LOANS AND ALLOWANCE FOR CREDIT LOSSES	4. LOANS AND ALLOWANCE FOR CREDIT LOSSES The composition of the loan portfolio follows: (in thousands) September 30, 2021 December 31, 2020 Traditional Banking: Residential real estate: Owner occupied $ 827,898 $ 879,800 Nonowner occupied 294,818 264,780 Commercial real estate 1,393,241 1,349,085 Construction & land development 105,968 98,674 Commercial & industrial 333,795 325,596 Paycheck Protection Program 126,271 392,319 Lease financing receivables 9,427 10,130 Aircraft 130,398 101,375 Home equity 215,282 240,640 Consumer: Credit cards 14,781 14,196 Overdrafts 753 587 Automobile loans 17,533 30,300 Other consumer 6,223 8,167 Total Traditional Banking 3,476,388 3,715,649 Warehouse lines of credit* 750,682 962,796 Total Core Banking 4,227,070 4,678,445 Republic Processing Group: Tax Refund Solutions: Easy Advances — — Other TRS loans 1 — Republic Credit Solutions 116,711 110,893 Total Republic Processing Group 116,712 110,893 Total loans* 4,343,782 4,789,338 Allowance for credit losses (63,024) (61,067) Total loans, net $ 4,280,758 $ 4,728,271 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, 2021 December 31, 2020 Contractually receivable $ 4,348,535 $ 4,797,297 Unearned income (598) (708) Unamortized premiums 121 216 Unaccreted discounts (688) (988) PPP net unamortized deferred origination fees and costs (3,986) (8,564) Other net unamortized deferred origination fees and costs 398 2,085 Carrying value of loans $ 4,343,782 $ 4,789,338 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. The Economic Aid Act was enacted in December 2020 and provided for a second round of PPP loans. PPP loans are fully backed by the SBA and may be entirely forgiven if the loan client uses loan funds for qualifying reasons. million of unaccreted PPP fees reported as a credit offset to these originated balances. Unaccreted PPP fees will generally be recognized into income over the estimated remaining life of the PPP portfolio, with fee recognition accelerated if loans are forgiven or repaid earlier than estimated. 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, 2021, the Bank had no outstanding borrowings from the FRB under the PPPLF. Credit Quality Indicators The following tables include loans by segment, risk category, and, for non-revolving loans, origination year. Loan segments and risk categories as of September 30, 2021 remain unchanged from those defined in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Regarding 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, 2021 2021 2020 2019 2018 Prior Cost Basis to Term Total Residential real estate owner occupied: Risk Rating Pass or not rated $ 170,594 $ 229,444 $ 96,923 $ 56,318 $ 251,929 $ — $ — $ 805,208 Special Mention 304 — — 36 8,509 — — 8,849 Substandard — 557 685 1,006 11,593 — — 13,841 Doubtful — — — — — — — — Total $ 170,898 $ 230,001 $ 97,608 $ 57,360 $ 272,031 $ — $ — $ 827,898 Residential real estate nonowner occupied: Risk Rating Pass or not rated $ 75,983 $ 71,290 $ 50,082 $ 32,111 $ 61,625 $ — $ 3,588 $ 294,679 Special Mention — — — — 40 — — 40 Substandard — — — — 99 — — 99 Doubtful — — — — — — — — Total $ 75,983 $ 71,290 $ 50,082 $ 32,111 $ 61,764 $ — $ 3,588 $ 294,818 Commercial real estate: Risk Rating Pass or not rated $ 362,616 $ 271,691 $ 179,046 $ 104,300 $ 311,904 $ — $ 79,005 $ 1,308,562 Special Mention 12,103 2,411 29,879 11,535 19,767 — — 75,695 Substandard — 2,576 266 — 3,941 — 2,201 8,984 Doubtful — — — — — — — — Total $ 374,719 $ 276,678 $ 209,191 $ 115,835 $ 335,612 $ — $ 81,206 $ 1,393,241 Construction and land development: Risk Rating Pass or not rated $ 59,659 $ 37,136 $ 4,384 $ 1,527 $ 593 $ — $ — $ 103,299 Special Mention — 310 2,359 — — — — 2,669 Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 59,659 $ 37,446 $ 6,743 $ 1,527 $ 593 $ — $ — $ 105,968 Commercial and industrial: Risk Rating Pass or not rated $ 117,127 $ 55,354 $ 66,818 $ 21,262 $ 48,361 $ — $ 4,112 $ 313,034 Special Mention 15,398 2,344 800 43 2,095 — — 20,680 Substandard — 48 — — 33 — — 81 Doubtful — — — — — — — — Total $ 132,525 $ 57,746 $ 67,618 $ 21,305 $ 50,489 $ — $ 4,112 $ 333,795 Paycheck Protection Program: Risk Rating Pass or not rated $ 107,498 $ 18,773 $ — $ — $ — $ — $ — $ 126,271 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 107,498 $ 18,773 $ — $ — $ — $ — $ — $ 126,271 Lease financing receivables: Risk Rating Pass or not rated $ 2,068 $ 903 $ 2,896 $ 1,406 $ 2,154 $ — $ — $ 9,427 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 2,068 $ 903 $ 2,896 $ 1,406 $ 2,154 $ — $ — $ 9,427 Aircraft: Risk Rating Pass or not rated $ 47,983 $ 46,405 $ 24,134 $ 10,049 $ 1,827 $ — $ — $ 130,398 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 47,983 $ 46,405 $ 24,134 $ 10,049 $ 1,827 $ — $ — $ 130,398 Home equity: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 213,297 $ — $ 213,297 Special Mention — — — — — 125 — 125 Substandard — — — — — 1,860 — 1,860 Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 215,282 $ — $ 215,282 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year (Continued) Amortized Converted As of September 30, 2021 2021 2020 2019 2018 Prior Cost Basis to Term Total Consumer: Risk Rating Pass or not rated $ 844 $ 725 $ 10,451 $ 5,156 $ 6,864 $ 14,880 $ — $ 38,920 Special Mention — — — — — — — — Substandard — — 25 47 298 — — 370 Doubtful — — — — — — — — Total $ 844 $ 725 $ 10,476 $ 5,203 $ 7,162 $ 14,880 $ — $ 39,290 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 750,682 $ — $ 750,682 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 750,682 $ — $ 750,682 TRS: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 1 $ — $ 1 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 1 $ — $ 1 RCS: Risk Rating Pass or not rated $ 23,112 $ 9,275 $ 2,387 $ 985 $ 3,943 $ 76,004 $ — $ 115,706 Special Mention — — — — — — — — Substandard — — — — — 1,005 — 1,005 Doubtful — — — — — — — — Total $ 23,112 $ 9,275 $ 2,387 $ 985 $ 3,943 $ 77,009 $ — $ 116,711 Grand Total: Risk Rating Pass or not rated $ 967,484 $ 740,996 $ 437,121 $ 233,114 $ 689,200 $ 1,054,864 $ 86,705 $ 4,209,484 Special Mention 27,805 5,065 33,038 11,614 30,411 125 — 108,058 Substandard — 3,181 976 1,053 15,964 2,865 2,201 26,240 Doubtful — — — — — — — — Grand Total $ 995,289 $ 749,242 $ 471,135 $ 245,781 $ 735,575 $ 1,057,854 $ 88,906 $ 4,343,782 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year Amortized Converted As of December 31, 2020 2020 2019 2018 2017 Prior Cost Basis to Term Total Residential real estate owner occupied: Risk Rating Pass or not rated $ 268,313 $ 132,018 $ 82,754 $ 67,430 $ 301,366 $ — $ — $ 851,881 Special Mention — 364 42 1,610 8,730 — — 10,746 Substandard 394 1,423 1,331 614 13,411 — — 17,173 Doubtful — — — — — — — — Total $ 268,707 $ 133,805 $ 84,127 $ 69,654 $ 323,507 $ — $ — $ 879,800 Residential real estate nonowner occupied: Risk Rating Pass or not rated $ 73,291 $ 63,102 $ 43,610 $ 45,759 $ 38,316 $ — $ 621 $ 264,699 Special Mention — — — — — — — — Substandard — — — — 81 — — 81 Doubtful — — — — — — — — Total $ 73,291 $ 63,102 $ 43,610 $ 45,759 $ 38,397 $ — $ 621 $ 264,780 Commercial real estate: Risk Rating Pass or not rated $ 315,550 $ 258,251 $ 166,542 $ 171,207 $ 315,336 $ — $ 55,949 $ 1,282,835 Special Mention 3,397 30,969 236 11,355 9,659 — — 55,616 Substandard 2,596 349 — 987 3,899 — 2,803 10,634 Doubtful — — — — — — — — Total $ 321,543 $ 289,569 $ 166,778 $ 183,549 $ 328,894 $ — $ 58,752 $ 1,349,085 Construction and land development: Risk Rating Pass or not rated $ 53,972 $ 31,756 $ 7,840 $ 701 $ 1,964 $ — $ — $ 96,233 Special Mention — 2,397 — — — — — 2,397 Substandard — 44 — — — — — 44 Doubtful — — — — — — — — Total $ 53,972 $ 34,197 $ 7,840 $ 701 $ 1,964 $ — $ — $ 98,674 Commercial and industrial: Risk Rating Pass or not rated $ 105,985 $ 84,575 $ 33,391 $ 32,303 $ 46,697 $ — $ 1,040 $ 303,991 Special Mention 18,195 800 — — 2,215 — — 21,210 Substandard 383 12 — — — — — 395 Doubtful — — — — — — — — Total $ 124,563 $ 85,387 $ 33,391 $ 32,303 $ 48,912 $ — $ 1,040 $ 325,596 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year (Continued) Amortized Converted As of December 31, 2020 2020 2019 2018 2017 Prior Cost Basis to Term Total Paycheck Protection Program: Risk Rating Pass or not rated $ 392,319 $ — $ — $ — $ — $ — $ — $ 392,319 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 392,319 $ — $ — $ — $ — $ — $ — $ 392,319 Lease financing receivables: Risk Rating Pass or not rated $ 1,117 $ 3,663 $ 1,814 $ 2,847 $ 689 $ — $ — $ 10,130 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 1,117 $ 3,663 $ 1,814 $ 2,847 $ 689 $ — $ — $ 10,130 Aircraft: Risk Rating Pass or not rated $ 55,823 $ 30,529 $ 13,804 $ 1,219 $ — $ — $ — $ 101,375 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 55,823 $ 30,529 $ 13,804 $ 1,219 $ — $ — $ — $ 101,375 Home equity: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 237,633 $ — $ 237,633 Special Mention — — — — — 127 — 127 Substandard — — — — — 2,880 — 2,880 Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 240,640 $ — $ 240,640 Consumer: Risk Rating Pass or not rated $ 425 $ 13,636 $ 8,563 $ 7,125 $ 8,648 $ 14,321 $ — $ 52,718 Special Mention — — — — 5 — — 5 Substandard — 32 49 229 212 5 — 527 Doubtful — — — — — — — — Total $ 425 $ 13,668 $ 8,612 $ 7,354 $ 8,865 $ 14,326 $ — $ 53,250 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 962,796 $ — $ 962,796 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 962,796 $ — $ 962,796 TRS: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ — $ — $ — Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ — $ — $ — RCS: Risk Rating Pass or not rated $ 27,683 $ 5,704 $ 2,485 $ 1,232 $ 19,095 $ 54,348 $ — $ 110,547 Special Mention — — — — — — — — Substandard — — — — — 346 — 346 Doubtful — — — — — — — — Total $ 27,683 $ 5,704 $ 2,485 $ 1,232 $ 19,095 $ 54,694 $ — $ 110,893 Grand Total: Risk Rating Pass or not rated $ 1,294,478 $ 623,234 $ 360,803 $ 329,823 $ 732,111 $ 1,269,098 $ 57,610 $ 4,667,157 Special Mention 21,592 34,530 278 12,965 20,609 127 — 90,101 Substandard 3,373 1,860 1,380 1,830 17,603 3,231 2,803 32,080 Doubtful — — — — — — — — Grand Total $ 1,319,443 $ 659,624 $ 362,461 $ 344,618 $ 770,323 $ 1,272,456 $ 60,413 $ 4,789,338 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, 2021 2020 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 $ 8,977 $ (677) $ — $ 329 $ 8,629 $ 9,303 $ 330 $ (13) $ 21 $ 9,641 Nonowner occupied 2,551 47 — — 2,598 2,274 96 — 7 2,377 Commercial real estate 23,307 286 — 3 23,596 16,300 4,663 — — 20,963 Construction & land development 3,299 376 — — 3,675 4,940 (341) — — 4,599 Commercial & industrial 4,117 (139) (35) 16 3,959 2,405 654 (255) 80 2,884 Paycheck Protection Program — — — — — — — — — — Lease financing receivables 97 2 — — 99 125 (8) — — 117 Aircraft 303 23 — — 326 208 11 — — 219 Home equity 4,305 (63) — 5 4,247 5,124 (7) (14) 21 5,124 Consumer: Credit cards 949 22 (40) 20 951 928 36 (29) 7 942 Overdrafts 717 143 (195) 88 753 488 324 (157) 50 705 Automobile loans 273 (34) (19) 6 226 473 (67) — — 406 Other consumer 467 (28) (25) 14 428 609 92 (41) 20 680 Total Traditional Banking 49,362 (42) (314) 481 49,487 43,177 5,783 (509) 206 48,657 Warehouse lines of credit 2,100 (223) — — 1,877 2,575 (3) — — 2,572 Total Core Banking 51,462 (265) (314) 481 51,364 45,752 5,780 (509) 206 51,229 Republic Processing Group (includes discontinued operations): Tax Refund Solutions: Easy Advances (discontinued operations) — (2,242) — 2,242 — — (4,294) — 4,294 — Other TRS loans (discontinued operations) — (19) — 19 — 211 (48) (22) — 141 Republic Credit Solutions (continuing operations) 8,829 3,820 (1,064) 75 11,660 9,134 (12) (684) 83 8,521 Total Republic Processing Group 8,829 1,559 (1,064) 2,336 11,660 9,345 (4,354) (706) 4,377 8,662 Total $ 60,291 $ 1,294 $ (1,378) $ 2,817 $ 63,024 $ 55,097 $ 1,426 $ (1,215) $ 4,583 $ 59,891 ACLL Rollforward Nine Months Ended September 30, 2021 2020 Beginning Charge- Ending Beginning ASC 326 Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Adoption Provision offs Recoveries Balance Traditional Banking: Residential real estate: Owner occupied $ 9,715 $ (1,461) $ — $ 375 $ 8,629 $ 4,729 $ 4,199 $ 648 $ (40) $ 105 $ 9,641 Nonowner occupied 2,466 131 — 1 2,598 1,737 148 481 — 11 2,377 Commercial real estate 23,606 336 (428) 82 23,596 10,486 273 10,002 (270) 472 20,963 Construction & land development 3,274 401 — — 3,675 2,152 1,447 1,000 — — 4,599 Commercial & industrial 2,797 1,170 (35) 27 3,959 2,882 (1,318) 1,643 (447) 124 2,884 Paycheck Protection Program — — — — — — — — — — — Lease financing receivables 106 (7) — — 99 147 — (30) — — 117 Aircraft 253 73 — — 326 176 — 43 — — 219 Home equity 4,990 (789) — 46 4,247 2,721 1,652 657 (14) 108 5,124 Consumer: Credit cards 929 108 (130) 44 951 1,020 33 74 (206) 21 942 Overdrafts 587 351 (444) 259 753 1,169 — 13 (660) 183 705 Automobile loans 399 (178) (19) 24 226 612 (7) (220) (8) 29 406 Other consumer 577 (137) (56) 44 428 374 307 (81) (86) 166 680 Total Traditional Banking 49,699 (2) (1,112) 902 49,487 28,205 6,734 14,230 (1,731) 1,219 48,657 Warehouse lines of credit 2,407 (530) — — 1,877 1,794 — 778 — — 2,572 Total Core Banking 52,106 (532) (1,112) 902 51,364 29,999 6,734 15,008 (1,731) 1,219 51,229 Republic Processing Group (includes discontinued operations): Tax Refund Solutions: Easy Advances (discontinued operations) — 7,984 (10,256) 2,272 — — — 15,239 (19,575) 4,336 — Other TRS loans (discontinued operations) 158 (134) (51) 27 — 234 — — (94) 1 141 Republic Credit Solutions (continuing operations) 8,803 5,037 (2,427) 247 11,660 13,118 — 251 (5,401) 553 8,521 Total Republic Processing Group 8,961 12,887 (12,734) 2,546 11,660 13,352 — 15,490 (25,070) 4,890 8,662 Total $ 61,067 $ 12,355 $ (13,846) $ 3,448 $ 63,024 $ 43,351 $ 6,734 $ 30,498 $ (26,801) $ 6,109 $ 59,891 The cumulative loss rate used as the basis for the estimate of the Company’s ACLL as of September 30, 2021 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 2020, supplemented by qualitative factor adjustments for current and forecasted conditions. The Company employs one-year forecasts of unemployment and CRE values within its ACLL model, with reversion to long-term averages following the forecasted period. The cumulative loss rate within the Company’s ACLL also includes estimated losses based on an individual evaluation of loans which are either collateral dependent or which do not share risk characteristics with pooled loans, e.g., TDRs. For its CRE loan pool, the Company employed a one-year forecast of CRE vacancy rates through March 31, 2021 but discontinued use of this forecast during the second quarter of 2021 in favor of a one-year forecast of general CRE values. This change in forecast method had no material impact on the Company’s ACLL. Nonperforming Loans and Nonperforming Assets Detail of nonperforming loans, nonperforming assets, and select credit quality ratios follows: (dollars in thousands) September 30, 2021 December 31, 2020 Loans on nonaccrual status* $ 20,252 $ 23,548 Loans past due 90-days-or-more and still on accrual** 691 47 Total nonperforming loans 20,943 23,595 Other real estate owned 1,845 2,499 Total nonperforming assets $ 22,788 $ 26,094 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.48 % 0.49 % Nonperforming assets to total loans (including OREO) 0.52 0.54 Nonperforming assets to total assets 0.37 0.42 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.48 % 0.50 % Nonperforming assets to total loans (including OREO) 0.52 0.56 Nonperforming assets to total assets 0.39 0.45 * 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, 2021 December 31, 2020 September 30, 2021 December 31, 2020 Traditional Banking: Residential real estate: Owner occupied $ 11,708 $ 14,328 $ — $ — Nonowner occupied 99 81 — — Commercial real estate 6,607 6,762 — — Construction & land development — — — — Commercial & industrial 93 55 — — Paycheck Protection Program — — — Lease financing receivables — — — — Aircraft — — — Home equity 1,657 2,141 — — Consumer: Credit cards — — — 5 Overdrafts — — — — Automobile loans 84 170 — — Other consumer 4 11 — — Total Traditional Banking 20,252 23,548 — 5 Warehouse lines of credit — — — — Total Core Banking 20,252 23,548 — 5 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — Other TRS loans — — — — Republic Credit Solutions — — 691 42 Total Republic Processing Group — — 691 42 Total $ 20,252 $ 23,548 $ 691 $ 47 * 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, 2021 September 30, 2021 September 30, 2021 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 $ 2,041 $ 9,667 $ 11,708 $ 225 $ 672 Nonowner occupied 33 66 99 2 5 Commercial real estate 4,153 2,454 6,607 16 125 Construction & land development — — — — — Commercial & industrial 45 48 93 — 2 Paycheck Protection Program — — — — — Lease financing receivables — — — — — Aircraft — — — — — Home equity 63 1,594 1,657 19 121 Consumer 14 74 88 4 8 Total $ 6,349 $ 13,903 $ 20,252 $ 266 $ 933 * I

DEPOSITS

DEPOSITS	9 Months Ended
DEPOSITS	Sep. 30, 2021
DEPOSITS
DEPOSITS	5. DEPOSITS The composition of the deposit portfolio follows: (in thousands) September 30, 2021 December 31, 2020 Core Bank: Demand $ 1,342,395 $ 1,217,263 Money market accounts 793,236 712,824 Savings 295,663 236,335 Individual retirement accounts (1) 46,196 47,889 Time deposits, $250 and over (1) 84,340 83,448 Other certificates of deposit (1) 163,345 199,214 Reciprocal money market and time deposits (1) 101,109 314,109 Brokered deposits (1) 30,001 25,010 Total Core Bank interest-bearing deposits 2,856,285 2,836,092 Total Core Bank noninterest-bearing deposits 1,691,413 1,503,662 Total Core Bank deposits 4,547,698 4,339,754 Republic Processing Group: Money market accounts 5,114 6,673 Total RPG interest-bearing deposits 5,114 6,673 Brokered prepaid card deposits 323,250 257,856 Other noninterest-bearing deposits 38,822 110,021 Total RPG noninterest-bearing deposits 362,072 367,877 Total RPG deposits 367,186 374,550 Deposits of discontinued operations (2) 33,063 18,877 Total deposits $ 4,947,947 $ 4,733,181 (1) Includes time deposit (2) See additional detail regarding the Bank’s agreement to sell TRS under Footnote 17 “Discontinued Operations” in this section of the filing .

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	9 Months Ended
	Sep. 30, 2021
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	6. SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS Securities sold under agreements to repurchase consist of short-term excess funds from correspondent banks, repurchase agreements and overnight liabilities to deposit clients arising from the Bank’s treasury management program. While comparable to deposits in their transactional nature, these overnight liabilities to clients are in the form of repurchase agreements. Repurchase agreements collateralized by securities are treated as financings; accordingly, the securities involved with the agreements are recorded as assets and are held by a safekeeping agent and the obligations to repurchase the securities are reflected as liabilities. Should the fair value of currently pledged securities fall below the associated repurchase agreements, the Bank would be required to pledge additional securities. To mitigate the risk of under collateralization, the Bank typically pledges at least two percent more in securities than the associated repurchase agreements. All such securities are under the Bank’s control. As of September 30, 2021 and December 31, 2020, 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, 2021 December 31, 2020 Outstanding balance at end of period $ 260,583 $ 211,026 Weighted average interest rate at end of period 0.04 % 0.04 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 114,308 $ 60,059 Mortgage backed securities - residential 156,237 140,554 Collateralized mortgage obligations 23,457 29,656 Total securities pledged $ 294,002 $ 230,269 Three Months Ended Nine Months Ended September 30, September 30, (dollars in thousands) 2021 2020 2021 2020 Average outstanding balance during the period $ 242,867 $ 213,010 $ 201,992 $ 199,556 Average interest rate during the period 0.03 % 0.04 % 0.02 % 0.11 % Maximum outstanding at any month end during the period $ 307,358 $ 195,229 $ 307,358 $ 195,229

RIGHT-OF-USE ASSETS AND OPERATI

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	9 Months Ended
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	Sep. 30, 2021
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. As of September 30, 2021, the Company was under 45 separate and distinct operating lease contracts to lease the land and/or buildings for 36 of its offices, with 14 such operating leases contracted with a related party of the Company. As of September 30, 2021, payments on The Company executed no new operating leases during 2021. The Company renewed a related-party lease on one of its Louisville, Kentucky banking centers during the fourth quarter of 2020 that commenced in January 2021 with a right-of-use asset value of $392,000 . During the second quarter of 2021, the Company extended one third-party lease for an additional five years , with the extended term beginning during the third quarter of 2021 and valued at approximately $263,000 . During the fourth quarter of 2021, the Company recorded an amendment to one related-party lease to add leased space, with this amendment valued at approximately $819,000 . The following table presents information concerning the Company’s operating lease expense recorded as a noninterest expense within the “Occupancy” category for the three and nine months ended September 30, 2021 and 2020: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Operating lease expense: Related Party: Variable lease expense $ 1,224 $ 1,235 $ 3,662 $ 3,706 Fixed lease expense 34 23 102 69 Third Party: Variable lease expense 197 180 590 541 Fixed lease expense 337 371 1,021 1,109 Short-term lease expense — 3 — 7 Total operating lease expense $ 1,792 $ 1,812 $ 5,375 $ 5,432 Other information concerning operating leases: Cash paid for amounts included in the measurement of operating lease liabilities $ 1,793 $ 1,817 $ 5,390 $ 5,448 Short-term lease payments not included in the measurement of lease liabilities — 3 — 7 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, 2021 and December 31, 2020: (dollars in thousands) September 30, 2021 December 31, 2020 Weighted average remaining term in years 7.76 8.37 Weighted average discount rate 3.08 % 3.10 % 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, 2021: Year (in thousands) Related Party Third Party Total 2021 $ 1,160 $ 636 $ 1,796 2022 4,639 2,492 7,131 2023 4,639 2,049 6,688 2024 4,512 1,517 6,029 2025 4,344 979 5,323 Thereafter 15,800 2,729 18,529 Total undiscounted cash flows $ 35,094 $ 10,402 $ 45,496 Discount applied to cash flows (4,065) (1,280) (5,345) Total discounted cash flows reported as operating lease liabilities $ 31,029 $ 9,122 $ 40,151

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	9 Months Ended
FEDERAL HOME LOAN BANK ADVANCES	Sep. 30, 2021
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, 2021 December 31, 2020 Overnight advances $ 25,000 $ 225,000 Fixed interest rate advances — 10,000 Total FHLB advances $ 25,000 $ 235,000 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. As of September 30, 2021 and December 31, 2020, Republic had available borrowing capacity of $898 million and $683 million, respectively, from the FHLB. In addition to its borrowing capacity with the FHLB, Republic also had unsecured lines of credit totaling $125 million available through various other financial institutions as of September 30, 2021 and December 31, 2020. 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 2021 (Overnight) $ 25,000 0.14 % 2021 (Term) — — 2022 — — 2023 — — 2024 — — 2025 — — Thereafter — — Total $ 25,000 0.14 % 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) 2021 2020 2021 2020 Average outstanding balance during the period $ 25,000 $ 272 $ 30,037 $ 29,106 Average interest rate during the period 0.10 % 0.17 % 0.15 % 0.92 % Maximum outstanding at any month end during the period $ 25,000 $ 25,000 $ 25,000 $ 250,000 The following table illustrates real estate loans pledged to collateralize advances and letters of credit with the FHLB: (in thousands) September 30, 2021 December 31, 2020 First lien, single family residential real estate $ 1,034,959 $ 1,048,236 Home equity lines of credit 191,443 208,944

OFF BALANCE SHEET RISKS, COMMIT

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	9 Months Ended
	Sep. 30, 2021
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. While vaccines for the virus began rolling out during 2021, the future potential financial impact of the COVID-19 pandemic is still unknown at this time. 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, 2021 December 31, 2020 Unused warehouse lines of credit $ 658,318 $ 456,004 Unused home equity lines of credit 350,198 353,322 Unused loan commitments - other 787,660 775,128 Standby letters of credit 14,130 10,949 FHLB letter of credit 643 643 Total commitments $ 1,810,949 $ 1,596,046 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, 2021 and 2020: ACLC Rollforward Three Months Ended 2021 2020 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Loan Commitments Unused warehouse lines of credit $ 140 $ — $ — $ — $ 140 $ 58 $ (6) $ — $ — $ 52 Unused home equity lines of credit 213 29 — — 242 124 22 — — 146 Unused loan commitments - other 581 (26) — — 555 454 271 — — 725 Total $ 934 $ 3 $ — $ — $ 937 $ 636 $ 287 $ — $ — $ 923 The Company increased its ACLC during the three months ended September 30, 2021 based on an increase in the expected usage for its home equity lines of credit. ACLC Rollforward Nine Months Ended 2021 2020 Beginning Charge- Ending Beginning ASC 326 Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Adoption Provision offs Recoveries Balance Loan Commitments Unused warehouse lines of credit $ 79 $ 61 $ — $ — $ 140 $ — $ 55 $ (3) $ — $ — $ 52 Unused home equity lines of credit 173 69 — — 242 — 89 57 — — 146 Unused loan commitments - other 737 (182) — — 555 — 312 413 — — 725 Total $ 989 $ (52) $ — $ — $ 937 $ — $ 456 $ 467 $ — $ — $ 923 The Company decreased its ACLC during the nine months ended September 30, 2021 based on a decrease in the expected loss rate for its unused commitments.

FAIR VALUE

FAIR VALUE	9 Months Ended
FAIR VALUE	Sep. 30, 2021
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. For its TRUP investment, the Company considered the most recent bid price for the same instrument to approximate market value as of September 30, 2021. 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 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. 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: Other Real Estate Owned: Mortgage servicing rights: Assets and liabilities measured at fair value on a recurring basis Fair Value Measurements at September 30, 2021 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 $ — $ 234,845 $ — $ 234,845 Private label mortgage-backed security — — 2,780 2,780 Mortgage-backed securities - residential — 209,805 — 209,805 Collateralized mortgage obligations — 34,519 — 34,519 Corporate bonds — 10,081 — 10,081 Trust preferred security — — 3,850 3,850 Total available-for-sale debt securities $ — $ 489,250 $ 6,630 $ 495,880 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 102 $ — $ 102 Community Reinvestment Act mutual fund 2,476 — — 2,476 Total equity securities with readily determinable fair value $ 2,476 $ 102 $ — $ 2,578 Mortgage loans held for sale $ — $ 25,791 $ — $ 25,791 Consumer loans held for sale — — 10,779 10,779 Consumer loans held for investment — — 254 254 Rate lock loan commitments — 1,943 — 1,943 Mandatory forward contracts — 722 — 722 Interest rate swap agreements — 6,707 — 6,707 Financial liabilities: Interest rate swap agreements $ — $ 6,707 $ — $ 6,707 Fair Value Measurements at December 31, 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 $ — $ 246,909 $ — $ 246,909 Private label mortgage-backed security — — 2,957 2,957 Mortgage-backed securities - residential — 211,202 — 211,202 Collateralized mortgage obligations — 48,952 — 48,952 Corporate bonds — 10,043 — 10,043 Trust preferred security — — 3,800 3,800 Total available-for-sale debt securities $ — $ 517,106 $ 6,757 $ 523,863 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 560 $ — $ 560 Community Reinvestment Act mutual fund 2,523 — — 2,523 Total equity securities with readily determinable fair value $ 2,523 $ 560 $ — $ 3,083 Mortgage loans held for sale $ — $ 46,867 $ — $ 46,867 Consumer loans held for sale — — 3,298 3,298 Consumer loans held for investment — — 497 497 Rate lock loan commitments — 4,540 — 4,540 Interest rate swap agreements — 12,545 — 12,545 Financial liabilities: Mandatory forward contracts $ — $ 976 $ — $ 976 Interest rate swap agreements — 12,545 — 12,545 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, 2021 and 2020. 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) 2021 2020 2021 2020 Balance, beginning of period $ 2,824 $ 3,023 $ 2,957 $ 3,495 Total gains or losses included in earnings: Net change in unrealized gain 13 60 62 (46) Principal paydowns (57) (79) (239) (445) Balance, end of period $ 2,780 $ 3,004 $ 2,780 $ 3,004 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, 2021 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage-backed security $ 2,780 Discounted cash flow (1) Constant prepayment rate 4.5% - 18.0% (2) Probability of default 1.8% - 9.3% (3) Loss severity 50% - 75% Fair Valuation December 31, 2020 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage-backed security $ 2,957 Discounted cash flow (1) Constant prepayment rate 4.5% - 18.0% (2) Probability of default 1.8% - 9.0% (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) 2021 2020 2021 2020 Balance, beginning of period $ 3,700 $ 3,500 $ 3,800 $ 4,000 Total gains or losses included in earnings: Discount accretion 14 21 40 43 Net change in unrealized gain 136 279 10 (243) Balance, end of period $ 3,850 $ 3,800 $ 3,850 $ 3,800 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, 2021 and December 31, 2020. The aggregate fair value, contractual balance, and unrealized gain were as follows: (in thousands) September 30, 2021 December 31, 2020 Aggregate fair value $ 25,791 $ 46,867 Contractual balance 25,232 44,781 Unrealized gain 559 2,086 The total amount of gains and losses from changes in fair value included in earnings for the three and nine months ended September 30, 2021 and 2020 for mortgage loans held for sale are presented in the following table: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Interest income $ 253 $ 300 $ 802 $ 932 Change in fair value (373) 126 (1,527) 1,382 Total included in earnings $ (120) $ 426 $ (725) $ 2,314 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, 2021 and December 31, 2020. 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, 2021 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 10,779 Contract Terms (1) Net Premium 1.4% (2) Discounted Sales 5.00% Fair Valuation December 31, 2020 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 3,298 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, 2021 December 31, 2020 Aggregate fair value $ 10,779 $ 3,298 Contractual balance 10,703 3,284 Unrealized gain 76 14 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) 2021 2020 2021 2020 Interest income $ 2,102 $ 42 $ 4,070 $ 1,563 Change in fair value (16) 2 62 (2) Total included in earnings $ 2,086 $ 44 $ 4,132 $ 1,561 Assets measured at fair value on a non-recurring basis Fair Value Measurements at September 30, 2021 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 $ — $ — $ 1,733 $ 1,733 Commercial real estate — — 3,568 3,568 Commercial & industrial — — 60 60 Home equity — — 314 314 Total collateral-dependent loans* $ — $ — $ 5,675 $ 5,675 Other real estate owned: Commercial real estate $ — $ — $ 1,845 $ 1,845 Total other real estate owned $ — $ — $ 1,845 $ 1,845 Fair Value Measurements at December 31, 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 $ — $ — $ 3,860 $ 3,860 Commercial real estate — — 4,107 4,107 Home equity — — 395 395 Total collateral-dependent loans* $ — $ — $ 8,362 $ 8,362 Other real estate owned: Residential real estate $ — $ — $ 2,003 $ 2,003 Total other real estate owned $ — $ — $ 2,003 $ 2,003 Mortgage servicing rights $ — $ 3,233 $ — $ 3,233 * The difference between the carrying value and the fair value of collateral-dependent 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, 2021 (dollars in thousands) Value Technique Inputs Average) Collateral-dependent loans - residential real estate owner occupied $ 1,733 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 51% (10%) Collateral-dependent loans - commercial real estate $ 3,568 Sales comparison approach Adjustments determined for differences between comparable sales 15% - 31% (26%) Collateral-dependent loans - commercial & industrial $ 60 Sales comparison approach Adjustments determined for differences between comparable sales 1% ( Collateral-dependent loans - home equity $ 314 Sales comparison approach Adjustments determined for differences between comparable sales 6%-10% ( Other real estate owned - commercial real estate $ 1,845 Sales comparison approach Adjustments determined for differences between comparable sales 32% ( Range Fair Valuation Unobservable (Weighted December 31, 2020 (dollars in thousands) Value Technique Inputs Average) Collateral-dependent loans - residential real estate owner occupied $ 3,860 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 51% (8%) Collateral-dependent loans - commercial real estate $ 4,107 Sales comparison approach Adjustments determined for differences between comparable sales 7% - 31% (26%) Collateral-dependent loans - home equity $ 395 Sales comparison approach Adjustments determined for differences between comparable sales 2%-6% ( Other real estate owned - commercial real estate $ 2,003 Sales comparison approach Adjustments determined for differences between comparable sales 26% ( Collateral-Dependent Loans Collateral-dependent 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 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 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 loans are as follows: (in thousands) September 30, 2021 December 31, 2020 Carrying amount of loans measured at fair value $ 5,122 $ 7,110 Estimated selling costs considered in carrying amount 911 1,252 Valuation allowance (358) — Total fair value $ 5,675 $ 8,362 Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Provision on collateral-dependent $ 345 $ 430 $ 393 $ (71) Other Real Estate Owned Details of other real estate owned carrying value and write downs follows: (in thousands) September 30, 2021 December 31, 2020 Other real estate owned carried at fair value $ 1,845 $ 2,003 Other real estate owned carried at cost — 496 Total carrying value of other real estate owned $ 1,845 $ 2,499 Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Other real estate owned write-downs during the period $ 53 $ 53 $ 158 $ 53 The carrying amounts and estimated exit price fair values of all financial instruments follow: Fair Value Measurements at September 30, 2021: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 1,011,247 $ 1,011,247 $ — $ — $ 1,011,247 Available-for-sale debt securities 495,880 — 489,250 6,630 495,880 Held-to-maturity debt securities 44,991 — 45,590 — 45,590 Equity securities with readily determinable fair values 2,578 2,476 102 — 2,578 Mortgage loans held for sale, at fair value 25,791 — 25,791 — 25,791 Consumer loans held for sale, at fair value 10,779 — — 10,779 10,779 Consumer loans held for sale, at the lower of cost or fair value 3,976 — — 3,976 3,976 Loans for discontinued operations, at the lower of cost or fair value 24 — — 24 24 Loans, net 4,280,758 — — 4,276,437 4,276,437 Federal Home Loan Bank stock 10,311 — — — NA Accrued interest receivable 9,352 — 9,352 — 9,352 Mortgage servicing rights 8,867 — 10,906 — 10,906 Rate lock loan commitments 1,943 — 1,943 — 1,943 Mandatory forward contracts 722 — 722 — 722 Interest rate swap agreements 6,707 — 6,707 — 6,707 Liabilities: Noninterest-bearing deposits $ 2,053,485 — $ 2,053,485 — $ 2,053,485 Transaction deposits 2,536,782 — 2,536,782 — 2,536,782 Time deposits 324,617 — 328,162 — 328,162 Deposits of discontinued operations 33,063 — 33,063 — 33,063 Securities sold under agreements to repurchase and other short-term borrowings 260,583 — 260,583 — 260,583 Federal Home Loan Bank advances 25,000 — 25,000 — 25,000 Accrued interest payable 180 — 180 — 180 Interest rate swap agreements 6,707 — 6,707 — 6,707 Fair Value Measurements at December 31, 2020: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 485,587 $ 485,587 $ — $ — $ 485,587 Available-for-sale debt securities 523,863 — 517,106 6,757 523,863 Held-to-maturity debt securities 53,324 — 54,190 — 54,190 Equity securities with readily determinable fair values 3,083 2,523 560 — 3,083 Mortgage loans held for sale, at fair value 46,867 — 46,867 — 46,867 Consumer loans held for sale, at fair value 3,298 — — 3,298 3,298 Consumer loans held for sale, at the lower of cost or fair value 1,478 — — 1,478 1,478 Loans for discontinued operations, at the lower of cost or fair value 23,765 — — 23,765 23,765 Loans, net 4,728,271 — — 4,726,066 4,726,066 Federal Home Loan Bank stock 17,397 — — — NA Accrued interest receivable 12,925 — 12,925 — 12,925 Mortgage servicing rights 7,095 — 8,318 — 8,318 Rate lock loan commitments 4,540 — 4,540 — 4,540 Interest rate swap agreements 12,545 — 12,545 — 12,545 Liabilities: Noninterest-bearing deposits $ 1,871,539 — $ 1,871,539 — $ 1,871,539 Transaction deposits 2,444,361 — 2,444,361 — 2,444,361 Time deposits 398,404 — 404,773 — 404,773 Deposits of discontinued operations 18,877 — 18,877 — 18,877 Securities sold under agreements to repurchase and other short-term borrowings 211,026 — 211,026 — 211,026 Federal Home Loan Bank advances 235,000 — 235,009 — 235,009 Subordinated note 41,240 — 31,071 — 31,071 Accrued interest payable 342 — 342 — 342 Mandatory forward contracts 976 — 976 — 976 Interest rate swap agreements 12,545 — 12,545 — 12,545

MORTGAGE BANKING ACTIVITIES

MORTGAGE BANKING ACTIVITIES	9 Months Ended
MORTGAGE BANKING ACTIVITIES	Sep. 30, 2021
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) 2021 2020 2021 2020 Balance, beginning of period $ 32,401 $ 40,028 $ 46,867 $ 19,224 Origination of mortgage loans held for sale 170,482 203,615 525,246 547,556 Proceeds from the sale of mortgage loans held for sale (182,422) (210,309) (562,661) (546,950) Net gain on sale of mortgage loans held for sale 5,330 11,526 16,339 25,030 Balance, end of period $ 25,791 $ 44,860 $ 25,791 $ 44,860 The following table presents the components of Mortgage Banking income: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Net gain realized on sale of mortgage loans held for sale $ 5,008 $ 9,151 $ 18,764 $ 18,279 Net change in fair value recognized on loans held for sale (373) 126 (1,527) 1,382 Net change in fair value recognized on rate lock loan commitments (258) 2,194 (2,596) 5,841 Net change in fair value recognized on forward contracts 953 55 1,698 (472) Net gain recognized 5,330 11,526 16,339 25,030 Loan servicing income 832 757 2,433 2,139 Amortization of mortgage servicing rights (882) (1,108) (2,617) (2,701) Change in mortgage servicing rights valuation allowance — (400) 500 (500) Net servicing income recognized (50) (751) 316 (1,062) Total Mortgage Banking income $ 5,280 $ 10,775 $ 16,655 $ 23,968 Activity for capitalized mortgage servicing rights was as follows: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Balance, beginning of period $ 8,335 $ 6,711 $ 7,095 $ 5,888 Additions 1,414 1,471 3,889 3,987 Amortized to expense (882) (1,108) (2,617) (2,701) Change in valuation allowance — (400) 500 (500) Balance, end of period $ 8,867 $ 6,674 $ 8,867 $ 6,674 Activity in the valuation allowance for capitalized mortgage servicing rights follows: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Beginning valuation allowance $ — $ 100 $ 500 $ — Charge during the period — 400 (500) 500 Ending valuation allowance $ — $ 500 $ — $ 500 Other information relating to mortgage servicing rights follows: (in thousands) September 30, 2021 December 31, 2020 Fair value of mortgage servicing rights portfolio $ 10,906 $ 8,318 Monthly weighted average prepayment rate of unpaid principal balance* 205 % 308 % Discount rate 10 % 10 % Weighted average foreclosure rate 0.24 % 0.44 % Weighted average life in years 5.88 4.85 * 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, 2021 December 31, 2020 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 $ 25,232 $ 25,791 $ 44,781 $ 46,867 Included in other assets: Rate lock loan commitments $ 94,210 $ 1,943 $ 105,395 $ 4,540 Mandatory forward contracts 105,659 722 — — Included in other liabilities: Mandatory forward contracts $ — $ — $ 136,236 $ 976

INTEREST RATE SWAPS

INTEREST RATE SWAPS	9 Months Ended
INTEREST RATE SWAPS	Sep. 30, 2021
INTEREST RATE SWAPS
INTEREST RATE SWAPS	12. INTEREST RATE SWAPS 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 these 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 the 1-month LIBOR. Both swaps matured in December 2020. 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) 2021 2020 2021 2020 Interest rate swap on money market deposits $ — $ 52 $ — $ 107 Interest rate swap on FHLB advance — 51 — 104 Total interest (benefit) expense on swap transactions $ — $ 103 $ — $ 211 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) 2021 2020 2021 2020 Gains (losses) recognized in OCI on derivative (effective portion) $ — $ (1) $ — $ (173) Gains (losses) reclassified from OCI on derivative (effective portion) — (103) — (211) Gains (losses) recognized in income on derivative (ineffective portion) — — — — 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, 2021 December 31, 2020 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 109,456 $ 6,707 $ 138,277 $ 12,545 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed 15,953 (103) — — Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 125,409 $ 6,604 $ 138,277 $ 12,545 Offsetting interest rate swaps with institutional swap dealer Pay fixed/receive variable 125,409 (6,604) 138,277 (12,545) Total $ 250,818 $ — $ 276,554 $ — 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 $7.8 million and $13.3 million as of September 30, 2021 and December 31, 2020.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
EARNINGS PER SHARE	Sep. 30, 2021
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) 2021 2020 2021 2020 Income from continuing operations $ 18,412 $ 17,275 $ 55,240 $ 49,344 Income (loss) from discontinued operations 1,597 3,114 14,744 13,546 Net income available to common shareholders 20,009 20,389 69,984 62,890 Dividends declared on Common Stock: Class A Shares (5,557) (5,375) (16,980) (16,080) Class B Shares (606) (572) (1,830) (1,716) Undistributed net income for basic earnings per share 13,846 14,442 51,174 45,094 Weighted average potential dividends on Class A shares upon exercise of dilutive options (17) (7) (40) (24) Undistributed net income for diluted earnings per share $ 13,829 $ 14,435 $ 51,134 $ 45,070 Weighted average shares outstanding: Class A Shares 18,342 18,826 18,625 18,830 Class B Shares 2,166 2,200 2,182 2,201 Effect of dilutive securities on Class A Shares outstanding 83 20 72 37 Weighted average shares outstanding including dilutive securities 20,591 21,046 20,879 21,068 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.31 $ 0.29 $ 0.92 $ 0.86 Undistributed earnings per share* from continuing operations 0.60 0.54 1.77 1.51 Total basic earnings per share from continuing operations 0.91 0.83 2.69 2.37 Total basic earnings per share from discontinued operations 0.08 0.15 0.71 0.65 Total basic earnings per share - Class A Common Stock $ 0.99 $ 0.98 $ 3.40 $ 3.02 Class B Common Stock: Per share dividends distributed $ 0.28 $ 0.26 $ 0.84 $ 0.78 Undistributed earnings per share* 0.55 0.49 1.61 1.38 Total basic earnings per share from continuing operations 0.83 0.75 2.45 2.16 Total basic earnings per share from discontinued operations 0.07 0.14 0.65 0.59 Total basic earnings per share - Class B Common Stock $ 0.90 $ 0.89 $ 3.10 $ 2.75 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.31 $ 0.29 $ 0.92 $ 0.86 Undistributed earnings per share* 0.60 0.54 1.76 1.51 Total diluted earnings per share from continuing operations 0.91 0.83 2.68 2.37 Total diluted earnings per share from discontinued operations 0.08 0.15 0.71 0.65 Total diluted earnings per share - Class A Common Stock $ 0.99 $ 0.98 $ 3.39 $ 3.02 Class B Common Stock: Per share dividends distributed $ 0.28 $ 0.26 $ 0.84 $ 0.78 Undistributed earnings per share* 0.55 0.49 1.60 1.37 Total diluted earnings per share from continuing operations 0.83 0.75 2.44 2.15 Total diluted earnings per share from discontinued operations 0.07 0.14 0.65 0.59 Total diluted earnings per share - Class B Common Stock $ 0.90 $ 0.89 $ 3.09 $ 2.74 * 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, 2021 2020 2021 2020 Antidilutive stock options 141,000 431,000 144,000 244,000 Average antidilutive stock options 141,000 367,000 144,000 193,000

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME	9 Months Ended
OTHER COMPREHENSIVE INCOME	Sep. 30, 2021
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) 2021 2020 2021 2020 Available-for-Sale Debt Securities: Unrealized gains and (losses) on AFS debt securities $ (1,899) $ (258) $ (4,542) $ 8,618 Unrealized gain (loss) of AFS debt security for which a portion of OTTI has been recognized in earnings 13 61 62 (46) Net unrealized (losses) gains (1,886) (197) (4,480) 8,572 Tax effect 471 49 1,119 (2,144) Net of tax (1,415) (148) (3,361) 6,428 Cash Flow Hedges: Change in fair value of derivatives used for cash flow hedges — (1) — (173) Reclassification amount for net derivative losses realized in income — 103 — 211 Net gains (losses) — 102 — 38 Tax effect — (25) — (9) Net of tax — 77 — 29 Total other comprehensive (loss) income components, net of tax $ (1,415) $ (71) $ (3,361) $ 6,457 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 2021 2020 2021 2020 Cash Flow Hedges: Interest rate swap on money market deposits Interest expense on deposits $ — $ (52) $ — $ (107) Interest rate swap on FHLB advance Interest expense on FHLB advances — (51) — (104) Total derivative losses on cash flow hedges Total interest expense — (103) — (211) Tax effect Income tax expense — 26 — 53 Net of tax Net income $ — $ (77) $ — $ (158) The following is a summary of the AOCI balances, net of tax: 2021 (in thousands) December 31, 2020 Change September 30, 2021 Unrealized gain (loss) on AFS debt securities $ 7,571 $ (3,407) $ 4,164 Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings 938 46 984 Total unrealized gain (loss) $ 8,509 $ (3,361) $ 5,148 2020 (in thousands) December 31, 2019 Change September 30, 2020 Unrealized gain on AFS debt securities $ 2,211 $ 6,464 $ 8,675 Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings 964 (35) 929 Unrealized (loss) gain on cash flow hedges (77) 28 (49) Total unrealized gain $ 3,098 $ 6,457 $ 9,555

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	9 Months Ended
REVENUE FROM CONTRACTS WITH CUSTOMERS	Sep. 30, 2021
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 and net revenue concentration from continuing operations by reportable segment: Three Months Ended September 30, 2021 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) $ 40,297 $ 6,291 $ 253 $ 46,841 $ 171 $ 5,297 $ 5,468 $ 52,309 Noninterest income: Service charges on deposit accounts 3,262 15 — 3,277 — — — 3,277 Mortgage banking income (1) — — 5,280 5,280 — — — 5,280 Interchange fee income 3,199 — — 3,199 1 — 1 3,200 Program fees (1) — — — — 763 3,767 4,530 4,530 Increase in cash surrender value of BOLI (1) 626 — — 626 — — — 626 Net gains (losses) on OREO (52) — — (52) — — — (52) Other 1,073 — 62 1,135 (1) — (1) 1,134 Total noninterest income 8,108 15 5,342 13,465 763 3,767 4,530 17,995 Total net revenue $ 48,405 $ 6,306 $ 5,595 $ 60,306 $ 934 $ 9,064 $ 9,998 $ 70,304 Net-revenue concentration from continuing operations (2) 69 % 9 % 8 % 86 % 1 % 13 % 14 % 100 % 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 $ 675 $ 4,976 $ 5,651 $ 52,049 Noninterest income: Service charges on deposit accounts 3,000 18 — 3,018 (1) — (1) 3,017 Mortgage banking income (1) — — 10,775 10,775 — — — 10,775 Interchange fee income 2,873 — — 2,873 1 — 1 2,874 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 — — — 861 Total noninterest income 7,138 (21) 10,796 17,913 643 844 1,487 19,400 Total net revenue $ 45,891 $ 7,324 $ 11,096 $ 64,311 $ 1,318 $ 5,820 $ 7,138 $ 71,449 Net-revenue concentration from continuing operations (2) 64 % 10 % 16 % 90 % 2 % 8 % 10 % 100 % (1) This revenue is not subject to ASC 606. (2) Net revenue from continuing operations represents net interest income plus total noninterest income from continuing operations. Net-revenue concentration from continuing operations equals segment-level net revenue from continuing operations divided by total Company net revenue from continuing operations. Nine Months Ended September 30, 2021 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) $ 119,677 $ 19,387 $ 802 $ 139,866 $ 665 $ 14,794 $ 15,459 $ 155,325 Noninterest income: Service charges on deposit accounts 9,188 43 — 9,231 (10) — (10) 9,221 Mortgage banking income (1) — — 16,655 16,655 — — — 16,655 Interchange fee income 9,535 — — 9,535 4 — 4 9,539 Program fees (1) — — — — 2,374 7,930 10,304 10,304 Increase in cash surrender value of BOLI (1) 1,616 — — 1,616 — — — 1,616 Net gains (losses) on OREO (107) — — (107) — — — (107) Other 2,630 — 140 2,770 (1) — (1) 2,769 Total noninterest income 22,862 43 16,795 39,700 2,367 7,930 10,297 49,997 Total net revenue $ 142,539 $ 19,430 $ 17,597 $ 179,566 $ 3,032 $ 22,724 $ 25,756 $ 205,322 Net-revenue concentration from continuing operations (2) 70 % 9 % 9 % 88 % 1 % 11 % 12 % 100 % 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 $ 1,622 $ 17,655 $ 19,277 $ 156,333 Noninterest income: Service charges on deposit accounts 8,576 46 — 8,622 (18) — (18) 8,604 Mortgage banking income (1) — — 23,968 23,968 — — — 23,968 Interchange fee income 8,090 — — 8,090 3 — 3 8,093 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 — — — 2,673 Total noninterest income 20,499 7 24,021 44,527 1,558 3,676 5,234 49,761 Total net revenue $ 138,908 $ 17,722 $ 24,953 $ 181,583 $ 3,180 $ 21,331 $ 24,511 $ 206,094 Net-revenue concentration from continuing operations (2) 67 % 9 % 12 % 88 % 2 % 10 % 12 % 100 % (1) This revenue is not subject to ASC 606. (2) Net revenue from continuing operations represents net interest income plus total noninterest income from continuing operations. Net-revenue concentration from continuing operations equals segment-level net revenue from continuing operations divided by total Company net revenue from continuing operations. The following represents information for significant revenue streams from continuing operations subject to ASC 606: Service charges on deposit accounts 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
SEGMENT INFORMATION	Sep. 30, 2021
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, 2021, 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. See additional detail regarding the Bank’s agreement to sell TRS under Footnote 17 “Discontinued Operations” in this section of the filing. 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: Continuing Operations Continuing operations of TRS include its RPS division and certain indirect costs that are expected to remain with the Bank. The RPS division of TRS offers general-purpose reloadable cards primarily to clients outside of the Bank’s market footprint. Prepaid Cards Discontinued Operations The Bank agreed to sell its TRS business to Green Dot in May 2021. The TRS business has traditionally contained the significant majority of revenue and expense generated at the TRS segment. The TRS business contracted to be sold offers tax-related credit products and facilitates the receipt and payment of federal and state tax refunds through Refund Transfer products. TRS products are primarily provided to clients outside of the Bank’s market footprint. Loans and refund transfers 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 2020 Annual Report on Form 10-K. Republic evaluates segment performance using operating income. The Company allocates goodwill to the Traditional Banking segment. Republic generally allocates income taxes based on income before income tax expense unless 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, 2021 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 $ 40,297 $ 6,291 $ 253 $ 46,841 $ 171 $ 5,297 $ 5,468 $ 52,309 Provision for expected credit loss expense (44) (223) — (267) — 3,820 3,820 3,553 Mortgage banking income — — 5,280 5,280 — — — 5,280 Program fees — — — — 763 3,767 4,530 4,530 Other noninterest income 8,108 15 62 8,185 — — — 8,185 Total noninterest income 8,108 15 5,342 13,465 763 3,767 4,530 17,995 Total noninterest expense 35,927 1,056 3,257 40,240 1,308 1,046 2,354 42,594 Income (loss) from continuing operations before income tax expense 12,522 5,473 2,338 20,333 (374) 4,198 3,824 24,157 Income tax expense (benefit) 3,038 1,258 514 4,810 (102) 1,037 935 5,745 Income (loss) from continuing operations 9,484 4,215 1,824 15,523 (272) 3,161 2,889 18,412 Discontinued operations: Income from discontinued operations before income taxes — — — — 2,070 — 2,070 2,070 Income tax expense — — — — 473 — 473 473 Income from discontinued operations, net of tax — — — — 1,597 — 1,597 1,597 Net income $ 9,484 $ 4,215 $ 1,824 $ 15,523 $ 1,325 $ 3,161 $ 4,486 $ 20,009 Period-end assets $ 4,907,503 $ 750,266 $ 41,196 $ 5,698,965 $ 365,552 $ 123,117 $ 488,669 $ 6,187,634 Net interest margin from continuing operations 3.22 % 3.51 % NM 3.25 % NM NM NM 3.55 % Net-revenue concentration from continuing operations* 69 % 9 % 8 % 86 % 1 % 13 % 14 % 100 % 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 $ 675 $ 4,976 $ 5,651 $ 52,049 Provision for expected credit loss expense 5,857 (3) — 5,854 — (12) (12) 5,842 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 — — — 7,138 Total noninterest income 7,138 (21) 10,796 17,913 643 844 1,487 19,400 Total noninterest expense 36,415 1,875 2,832 41,122 1,481 1,175 2,656 43,778 Income (loss) from continuing operations before income tax expense 3,619 5,452 8,264 17,335 (163) 4,657 4,494 21,829 Income tax expense (benefit) 558 1,226 1,736 3,520 (40) 1,074 1,034 4,554 Income (loss) from continuing operations 3,061 4,226 6,528 13,815 (123) 3,583 3,460 17,275 Discontinued operations: Income from discontinued operations before income taxes — — — — 3,997 — 3,997 3,997 Income tax expense — — — — 883 — 883 883 Income from discontinued operations, net of tax — — — — 3,114 — 3,114 3,114 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 from continuing operations 3.22 % 3.41 % NM 3.25 % NM NM NM 3.57 % Net-revenue concentration from continuing operations* 64 % 10 % 16 % 90 % 2 % 8 % 10 % 100 % * Net revenue from continuing operations represents net interest income plus total noninterest income from continuing operations. Net-revenue concentration from continuing operations equals segment-level net revenue from continuing operations divided by total Company net revenue from continuing operations. Nine Months Ended September 30, 2021 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 $ 119,677 $ 19,387 $ 802 $ 139,866 $ 665 $ 14,794 $ 15,459 $ 155,325 Provision for expected credit loss expense (126) (530) — (656) — 5,037 5,037 4,381 Mortgage banking income — — 16,655 16,655 — — — 16,655 Program fees — — — — 2,374 7,930 10,304 10,304 Other noninterest income 22,862 43 140 23,045 (7) — (7) 23,038 Total noninterest income 22,862 43 16,795 39,700 2,367 7,930 10,297 49,997 Total noninterest expense 110,192 3,150 9,384 122,726 4,239 3,028 7,267 129,993 Income (loss) from continuing operations before income tax expense 32,473 16,810 8,213 57,496 (1,207) 14,659 13,452 70,948 Income tax expense (benefit) 6,718 3,919 1,807 12,444 (373) 3,637 3,264 15,708 Income (loss) from continuing operations 25,755 12,891 6,406 45,052 (834) 11,022 10,188 55,240 Discontinued operations: Income from discontinued operations before income taxes — — — — 19,584 — 19,584 19,584 Income tax expense — — — — 4,840 — 4,840 4,840 Income from discontinued operations, net of tax — — — — 14,744 — 14,744 14,744 Net income $ 25,755 $ 12,891 $ 6,406 $ 45,052 $ 13,910 $ 11,022 $ 24,932 $ 69,984 Period-end assets $ 4,907,503 $ 750,266 $ 41,196 $ 5,698,965 $ 365,552 $ 123,117 $ 488,669 $ 6,187,634 Net interest margin from continuing operations 3.21 % 3.47 % NM 3.24 % NM NM NM 3.46 % Net-revenue concentration from continuing operations* 70 % 9 % 9 % 88 % 1 % 11 % 12 % 100 % 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 $ 1,622 $ 17,655 $ 19,277 $ 156,333 Provision for expected credit loss expense 14,526 778 — 15,304 — 251 251 15,555 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 (15) — (15) 20,544 Total noninterest income 20,499 7 24,021 44,527 1,558 3,676 5,234 49,761 Total noninterest expense 109,750 3,489 7,517 120,756 5,360 2,972 8,332 129,088 Income (loss) from continuing operations before income tax expense 14,632 13,455 17,436 45,523 (2,180) 18,108 15,928 61,451 Income tax expense (benefit) 1,747 3,027 3,662 8,436 (517) 4,188 3,671 12,107 Income (loss) from continuing operations 12,885 10,428 13,774 37,087 (1,663) 13,920 12,257 49,344 Discontinued operations: Income from discontinued operations before income taxes — — — — 17,550 — 17,550 17,550 Income tax expense — — — — 4,004 — 4,004 4,004 Income from discontinued operations, net of tax — — — — 13,546 — 13,546 13,546 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 from continuing operations 3.41 % 3.07 % NM 3.37 % NM NM NM 3.69 % Net-revenue concentration from continuing operations* 67 % 9 % 12 % 88 % 2 % 10 % 12 % 100 % * Net revenue from continuing operations represents net interest income plus total noninterest income from continuing operations. Net-revenue concentration from continuing operations equals segment-level net revenue from continuing operations divided by total Company net revenue from continuing operations.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
DISCONTINUED OPERATIONS	Sep. 30, 2021
DISCONTINUED OPERATIONS
DISCONTINUED OPERATIONS	17. DISCONTINUED OPERATIONS On May 13, 2021, the Bank entered into the Purchase Agreement with Green Dot providing for the Sale Transaction. As a result of the Purchase Agreement and the proposed Sale Transaction, the results for the Company, RPG, and its TRS segment are presented within this filing to reflect continuing versus discontinued operations. RPG’s continuing operations include its RCS segment, its RPS division, and certain overhead costs previously allocated to TRS that will remain with RPG. Discontinued operations are those contracted to be sold. These discontinued operations have historically contained the majority of TRS’s revenue and expense. Interest income and expense for continuing and discontinued operations also include intercompany interest charged and earned based on the Company’s funds transfer pricing methodology. On October 4, 2021, Green Dot announced that it had been unable to obtain the Federal Reserve’s approval of or non-objection to the Sale Transaction and that, as a result, Green Dot would not consummate the Sale Transaction. On October 5, 2021, the Bank filed a lawsuit against Green Dot in the Delaware Court of Chancery alleging breach of contract. In so doing, the Bank seeks, among other relief, specific performance to require that Green Dot proceed with the Sale Transaction as the parties had agreed to in the Purchase Agreement. Due to the inherent uncertainties of legal proceedings, at this time, the Company cannot predict the outcome of these proceedings and their impact on the Company’s financial condition and results of operations. Results of operations for the TRS business sold to Green Dot are presented separately as discontinued operations for all periods because the sale met the relevant criteria as of September 30, 2021. A summary income statement of discontinued operations for the three and nine months ended September 30, 2021 is presented below: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 INTEREST INCOME: Loans, including fees $ 76 $ 135 $ 14,815 $ 20,978 Funds transfer credit 51 70 313 1,543 Total interest income 127 205 15,128 22,521 INTEREST EXPENSE: Deposits — — — 527 Funds transfer cost 4 2 200 1,132 Total interest expense 4 2 200 1,659 NET INTEREST INCOME 123 203 14,928 20,862 Provision for expected credit loss expense (2,261) (4,342) 7,850 15,239 NET INTEREST INCOME AFTER PROVISION 2,384 4,545 7,078 5,623 NONINTEREST INCOME: Net refund transfer fees 1,280 1,152 19,922 19,888 Interchange fee income 63 37 232 178 Other 1 8 78 90 Total noninterest income 1,344 1,197 20,232 20,156 NONINTEREST EXPENSE: Salaries and employee benefits 1,043 1,460 4,268 4,208 Technology, equipment, and communication 86 131 260 461 Occupancy — — 1 7 Marketing and development 45 55 160 196 FDIC insurance expense — — 150 — Bank franchise tax expense 9 2 14 1,729 Legal and professional fees 303 8 1,382 173 Other 172 89 1,491 1,455 Total noninterest expense 1,658 1,745 7,726 8,229 INCOME FROM DISCONTINUED OPERATIONS BEFORE INCOME TAX EXPENSE 2,070 3,997 19,584 17,550 INCOME TAX EXPENSE 473 883 4,840 4,004 INCOME FROM DISCONTINUED OPERATIONS $ 1,597 $ 3,114 $ 14,744 $ 13,546 Through its TRS business, the Bank is one of a limited number of financial institutions that facilitates the receipt and payment of federal and state tax refund products and offers a credit product through third-party tax preparers located throughout the U.S., as well as tax-preparation software providers (collectively, the “Tax Providers”). Substantially all of the business generated by the TRS business occurs during the first half of each year. During the second half of each year, TRS generates limited revenue and incurs costs preparing for the next year’s tax season. RTs are fee-based products whereby a tax refund is issued to the taxpayer after the Bank has received the refund from the federal or state government. There is no credit risk or borrowing cost associated with these products because they are only delivered to the taxpayer upon receipt of the tax refund directly from the governmental paying authority. Fees earned by the Company on RTs, net of revenue share, are reported as noninterest income under the line item “Net refund transfer fees.” The EA tax credit product is a loan that allows a taxpayer to borrow funds as an advance of a portion of their tax refund. The EA product had the following features during 2021 and 2020: ● 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, or check, 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. During 2020, EAs were generally repaid within 35 days after the taxpayer’s tax return was submitted to the applicable taxing authority. EAs do not have a contractual due date but the Company considered an EA delinquent if it remained unpaid 21 days in 2020 and 35 days in 2021 after the taxpayer’s tax return was submitted to the applicable taxing authority. The number of days for delinquency eligibility is based on management’s annual analysis of tax return processing times. Provisions on EAs are estimated when advances are made. 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.

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2021
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. In 2005, Republic Bancorp Capital Trust, an unconsolidated trust subsidiary of Republic, was formed and issued $40 million in TPS. On September 30, 2021, as permitted under the terms of RBCT’s governing documents, Republic redeemed these securities at the par amount of approximately $40 million, without penalty. Although the TPS were treated as part of Republic’s Tier I Capital while outstanding, Republic’s capital ratios remained well above “well capitalized” levels following this redemption. 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, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021. 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, 2020. As of September 30, 2021, 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. See additional detail regarding the Bank’s agreement to sell TRS under Footnote 17 “Discontinued Operations” in this section of the filing. The Company’s financial condition as of September 30, 2021 and results of operations for the three and nine months ended September 30, 2021 and 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 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 — 7 ● Metropolitan Cincinnati, Ohio — 2 ● Metropolitan Nashville, Tennessee — 2 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; technology, equipment, and communication; occupancy; interchange related expense; marketing and development; FDIC insurance 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 United States through mortgage warehouse lines of credit. These credit facilities are primarily secured by single-family, first-lien residential real estate loans. The credit facility enables the mortgage banking clients to close single-family, first-lien residential real estate loans in their own name and temporarily fund their inventory of these closed loans until the loans are sold to investors approved by the Bank. Individual loans are expected to remain on the warehouse line for an average of 15 to 30 days . Reverse mortgage loans typically remain on the line longer than conventional mortgage loans. Interest income and loan fees are accrued for each individual loan during the time the loan remains on the warehouse line and collected when the loan is sold. The Core Bank receives the sale proceeds of each loan directly from the investor and applies the funds to pay off the warehouse advance and related accrued interest and fees. The remaining proceeds are credited to the mortgage-banking client. Mortgage Banking segment — Republic Processing Group Tax Refund Solutions segment — As a result of the Purchase Agreement and the proposed Sale Transaction, the results for the Company, RPG, and its TRS segment are presented within this filing to reflect continuing versus discontinued operations. RPG’s continuing operations include its RCS segment, its RPS division, and certain overhead costs previously allocated to TRS that will remain with RPG. Discontinued operations are those contracted to be sold. These discontinued operations have historically contained the majority of TRS’s revenue and expense. Interest income and expense for continuing and discontinued operations also include intercompany interest charged and earned based on the Company’s funds transfer pricing methodology. On October 4, 2021, Green Dot announced that it had been unable to obtain the Federal Reserve’s approval of or non-objection to the Sale Transaction and that, as a result, Green Dot would not consummate the Sale Transaction. On October 5, 2021, the Bank filed a lawsuit against Green Dot in the Delaware Court of Chancery, C.A. No. 2021-0854-SG, alleging breach of contract. In so doing, the Bank seeks, among other relief, specific performance to require that Green Dot proceed with the Sale Transaction as the parties had agreed to in the Purchase Agreement. Due to the inherent uncertainties of legal proceedings, at this time, the Company cannot predict the outcome of these proceedings and their impact on the Company’s financial condition and results of operations. See additional detail regarding the Bank’s agreement to sell TRS under Footnote 17 “Discontinued Operations” in this section of the filing. Republic Payment Solutions division . 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 products – Using separate third-party service providers, the Bank originates two line-of-credit products to generally subprime borrowers in multiple states. The first of these two products (the “LOC I”) has been originated by the Bank since 2014. The second (the “LOC II”) was introduced in January 2021. o RCS’s LOC I represents the substantial majority of RCS activity. Elastic Marketing, LLC and Elevate Decision Sciences, LLC, are third-party service providers for the product and are both subject to the Bank’s oversight and supervision. Together, these companies provide the Bank with certain marketing, servicing, technology, and support services, while a separate third party provides customer support, servicing, and other services on the Bank’s behalf. The Bank is the lender for this 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 product. The Bank sells participation interests in this 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 LOC I account with each borrower. Loan balances held for sale through this program are carried at the lower of cost or fair value. o In January 2021, RCS began originating balances through its LOC II. One of RCS’s existing th ird-party service providers, subject to the Bank’s oversight and supervision, provides the Bank with marketing services and loan servicing for the LOC II product. The Bank is the lender for this product and is marketed as such. Furthermore, the Bank controls the loan terms and underwriting guidelines, and the Bank exercises consumer compliance oversight of this product. The Bank sells participation interests in this product. These participation interests are a 95% 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 5% participation interest in each advance, it maintains 100% ownership of the underlying LOC II account with each borrower. Loan balances held for sale through this program are carried at the lower of cost or fair value. ● RCS installment loan product – In December 2019, through RCS, the Bank began offering installment loans with terms ranging from 12 to 60 months to borrowers in multiple states. The same third-party service provider for RCS’s LOC II is the third-party service provider for the installment loans. This third-party service provider is subject to the Bank’s oversight and supervision and 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. Furthermore, 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 The following ASUs were adopted by the Company during the nine months ended September 30, 2021: ASU. No. Topic Nature of Update Date Adopted Method of Adoption 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 2020-10 Codification Improvements This ASU affects a wide variety of Topics in the Codification. January 1, 2021 Prospectively Immaterial 2021-01 Reference Rate Reform (Topic 848): Scope This ASU clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition. The ASU also amends the expedients and exceptions in Topic 848 to capture the incremental consequences of the scope clarification and to tailor the existing guidance to derivative instruments affected by the discounting transition. January 7, 2021 Prospectively Immaterial 2021-06 Presentation of Financial Statements (Topic 205), Financial Services—Depository and Lending (Topic 942), and Financial Services—Investment Companies (Topic 946) This ASU amends the SEC sections of the Codification related to SEC Final Rule Releases No. 33-10786, Amendments to Financial Disclosures about Acquired and Disposed Businesses, and No. 33-10835, Update of Statistical Disclosures for Bank and Savings and Loan Registrants. August 9, 2021 Prospectively Immaterial

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2021
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedules of Accounting Standards Updates	Recently Adopted Accounting Standards The following ASUs were adopted by the Company during the nine months ended September 30, 2021: ASU. No. Topic Nature of Update Date Adopted Method of Adoption 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 2020-10 Codification Improvements This ASU affects a wide variety of Topics in the Codification. January 1, 2021 Prospectively Immaterial 2021-01 Reference Rate Reform (Topic 848): Scope This ASU clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition. The ASU also amends the expedients and exceptions in Topic 848 to capture the incremental consequences of the scope clarification and to tailor the existing guidance to derivative instruments affected by the discounting transition. January 7, 2021 Prospectively Immaterial 2021-06 Presentation of Financial Statements (Topic 205), Financial Services—Depository and Lending (Topic 942), and Financial Services—Investment Companies (Topic 946) This ASU amends the SEC sections of the Codification related to SEC Final Rule Releases No. 33-10786, Amendments to Financial Disclosures about Acquired and Disposed Businesses, and No. 33-10835, Update of Statistical Disclosures for Bank and Savings and Loan Registrants. August 9, 2021 Prospectively Immaterial

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	9 Months Ended
INVESTMENT SECURITIES (Tables)	Sep. 30, 2021
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, 2021 (in thousands) Cost Gains Losses Credit Losses Value U.S. Treasury securities and U.S. Government agencies $ 234,980 $ 747 $ (882) $ — $ 234,845 Private label mortgage-backed security 1,468 1,312 — — 2,780 Mortgage-backed securities - residential 204,869 5,059 (123) — 209,805 Collateralized mortgage obligations 34,027 521 (29) — 34,519 Corporate bonds 10,000 81 — — 10,081 Trust preferred security 3,671 179 — — 3,850 Total available-for-sale debt securities $ 489,015 $ 7,899 $ (1,034) $ — $ 495,880 Gross Gross Allowance Amortized Unrealized Unrealized for Fair December 31, 2020 (in thousands) Cost Gains Losses Credit Losses Value U.S. Treasury securities and U.S. Government agencies $ 245,204 $ 1,730 $ (25) $ — $ 246,909 Private label mortgage-backed security 1,707 1,250 — — 2,957 Mortgage-backed securities - residential 203,786 7,419 (3) — 211,202 Collateralized mortgage obligations 48,190 772 (10) — 48,952 Corporate bonds 10,000 43 — — 10,043 Trust preferred security 3,631 169 — — 3,800 Total available-for-sale debt securities $ 512,518 $ 11,383 $ (38) $ — $ 523,863
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, 2021 (in thousands) Value Gains Losses Value Credit Losses Mortgage-backed securities - residential $ 47 $ — $ — $ 47 $ — Collateralized mortgage obligations 9,777 150 — 9,927 — Corporate bonds 34,976 390 — 35,366 (54) Obligations of state and political subdivisions 245 5 — 250 — Total held-to-maturity debt securities $ 45,045 $ 545 $ — $ 45,590 $ (54) Gross Gross Allowance Carrying Unrecognized Unrecognized Fair for December 31, 2020 (in thousands) Value Gains Losses Value Credit Losses Mortgage-backed securities - residential $ 99 $ 5 $ — $ 104 $ — Collateralized mortgage obligations 13,061 176 — 13,237 — Corporate bonds 39,986 499 — 40,485 (178) Obligations of state and political subdivisions 356 8 — 364 — Total held-to-maturity debt securities $ 53,502 $ 688 $ — $ 54,190 $ (178)
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, 2021 (in thousands) Cost Value Value Value Due in one year or less $ 25,044 $ 25,270 $ 121 $ 123 Due from one year to five years 179,937 179,803 35,100 35,493 Due from five years to ten years 40,000 39,853 — — Due beyond ten years 3,670 3,850 — — Private label mortgage-backed security 1,468 2,780 — — Mortgage-backed securities - residential 204,869 209,805 47 47 Collateralized mortgage obligations 34,027 34,519 9,777 9,927 Total debt securities $ 489,015 $ 495,880 $ 45,045 $ 45,590
Schedule of debt securities with unrealized losses	Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized September 30, 2021 (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 $ 158,944 $ (882) $ — $ — $ 158,944 $ (882) Mortgage-backed securities - residential 34,432 (123) — — 34,432 (123) Collateralized mortgage obligations 5,164 (29) — — 5,164 (29) Total available-for-sale debt securities $ 198,540 $ (1,034) $ — $ — $ 198,540 $ (1,034) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 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 $ 59,971 $ (25) $ — $ — $ 59,971 $ (25) Mortgage-backed securities - residential 1,068 (3) — — 1,068 (3) Collateralized mortgage obligations 2,788 (10) — — 2,788 (10) Total available-for-sale debt securities $ 63,827 $ (38) $ — $ — $ 63,827 $ (38)
Schedule of allowance for credit losses on investment	ACLS Rollforward Three Months Ended September 30, 2021 2020 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ — $ — $ — $ — $ — $ 126 $ (74) $ — $ — $ 52 Held-to-Maturity Securities: Corporate Bonds 56 (2) — — 54 147 148 — — 295 Total $ 56 $ (2) $ — $ — $ 54 $ 273 $ 74 $ — $ — $ 347 ACLS Rollforward Nine Months Ended September 30, 2021 2020 Beginning Charge- Ending Beginning ASC 326 Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Adoption Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ — $ — $ — $ — $ — $ — $ — $ 52 $ — $ — $ 52 Held-to-Maturity Securities: Corporate Bonds 178 (124) — — 54 — 51 244 — — 295 Total $ 178 $ (124) $ — $ — $ 54 $ — $ 51 $ 296 $ — $ — $ 347
Schedule of pledged investment securities	(in thousands) September 30, 2021 December 31, 2020 Carrying amount $ 354,275 $ 303,535 Fair value 354,341 303,611
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, 2021 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 102 $ — $ 102 Community Reinvestment Act mutual fund 2,500 — (24) 2,476 Total equity securities with readily determinable fair values $ 2,500 $ 102 $ (24) $ 2,578 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2020 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 560 $ — $ 560 Community Reinvestment Act mutual fund 2,500 23 — 2,523 Total equity securities with readily determinable fair values $ 2,500 $ 583 $ — $ 3,083
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, 2021 Three Months Ended September 30, 2020 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ (13) $ (13) $ — $ 50 $ 50 Community Reinvestment Act mutual fund — (9) (9) — 4 4 Total equity securities with readily determinable fair value $ — $ (22) $ (22) $ — $ 54 $ 54 Gains (Losses) Recognized on Equity Securities Nine Months Ended September 30, 2021 Nine Months Ended September 30, 2020 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ (458) $ (458) $ — $ (178) $ (178) Community Reinvestment Act mutual fund — (47) (47) — 60 60 Total equity securities with readily determinable fair value $ — $ (505) $ (505) $ — $ (118) $ (118)

LOANS HELD FOR SALE (Tables)

LOANS HELD FOR SALE (Tables)	9 Months Ended
LOANS HELD FOR SALE (Tables)	Sep. 30, 2021
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) 2021 2020 2021 2020 Balance, beginning of period $ 13,020 $ 164 $ 3,298 $ 598 Origination of consumer loans held for sale 67,526 1,559 136,222 49,300 Proceeds from the sale of consumer loans held for sale (71,427) (1,321) (132,330) (50,872) Net gain on sale of consumer loans held for sale 1,660 47 3,589 1,423 Balance, end of period $ 10,779 $ 449 $ 10,779 $ 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) 2021 2020 2021 2020 Balance, beginning of period $ 11,412 $ 12,801 $ 1,478 $ 11,646 Origination of consumer loans held for sale 189,492 107,518 424,840 342,388 Proceeds from the sale of consumer loans held for sale (199,036) (109,669) (426,642) (344,919) Net gain on sale of consumer loans held for sale 2,108 793 4,300 2,328 Balance, end of period $ 3,976 $ 11,443 $ 3,976 $ 11,443

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	Sep. 30, 2021
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Schedule of composition of loan portfolio	(in thousands) September 30, 2021 December 31, 2020 Traditional Banking: Residential real estate: Owner occupied $ 827,898 $ 879,800 Nonowner occupied 294,818 264,780 Commercial real estate 1,393,241 1,349,085 Construction & land development 105,968 98,674 Commercial & industrial 333,795 325,596 Paycheck Protection Program 126,271 392,319 Lease financing receivables 9,427 10,130 Aircraft 130,398 101,375 Home equity 215,282 240,640 Consumer: Credit cards 14,781 14,196 Overdrafts 753 587 Automobile loans 17,533 30,300 Other consumer 6,223 8,167 Total Traditional Banking 3,476,388 3,715,649 Warehouse lines of credit* 750,682 962,796 Total Core Banking 4,227,070 4,678,445 Republic Processing Group: Tax Refund Solutions: Easy Advances — — Other TRS loans 1 — Republic Credit Solutions 116,711 110,893 Total Republic Processing Group 116,712 110,893 Total loans* 4,343,782 4,789,338 Allowance for credit losses (63,024) (61,067) Total loans, net $ 4,280,758 $ 4,728,271 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, 2021 December 31, 2020 Contractually receivable $ 4,348,535 $ 4,797,297 Unearned income (598) (708) Unamortized premiums 121 216 Unaccreted discounts (688) (988) PPP net unamortized deferred origination fees and costs (3,986) (8,564) Other net unamortized deferred origination fees and costs 398 2,085 Carrying value of loans $ 4,343,782 $ 4,789,338
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, 2021 2021 2020 2019 2018 Prior Cost Basis to Term Total Residential real estate owner occupied: Risk Rating Pass or not rated $ 170,594 $ 229,444 $ 96,923 $ 56,318 $ 251,929 $ — $ — $ 805,208 Special Mention 304 — — 36 8,509 — — 8,849 Substandard — 557 685 1,006 11,593 — — 13,841 Doubtful — — — — — — — — Total $ 170,898 $ 230,001 $ 97,608 $ 57,360 $ 272,031 $ — $ — $ 827,898 Residential real estate nonowner occupied: Risk Rating Pass or not rated $ 75,983 $ 71,290 $ 50,082 $ 32,111 $ 61,625 $ — $ 3,588 $ 294,679 Special Mention — — — — 40 — — 40 Substandard — — — — 99 — — 99 Doubtful — — — — — — — — Total $ 75,983 $ 71,290 $ 50,082 $ 32,111 $ 61,764 $ — $ 3,588 $ 294,818 Commercial real estate: Risk Rating Pass or not rated $ 362,616 $ 271,691 $ 179,046 $ 104,300 $ 311,904 $ — $ 79,005 $ 1,308,562 Special Mention 12,103 2,411 29,879 11,535 19,767 — — 75,695 Substandard — 2,576 266 — 3,941 — 2,201 8,984 Doubtful — — — — — — — — Total $ 374,719 $ 276,678 $ 209,191 $ 115,835 $ 335,612 $ — $ 81,206 $ 1,393,241 Construction and land development: Risk Rating Pass or not rated $ 59,659 $ 37,136 $ 4,384 $ 1,527 $ 593 $ — $ — $ 103,299 Special Mention — 310 2,359 — — — — 2,669 Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 59,659 $ 37,446 $ 6,743 $ 1,527 $ 593 $ — $ — $ 105,968 Commercial and industrial: Risk Rating Pass or not rated $ 117,127 $ 55,354 $ 66,818 $ 21,262 $ 48,361 $ — $ 4,112 $ 313,034 Special Mention 15,398 2,344 800 43 2,095 — — 20,680 Substandard — 48 — — 33 — — 81 Doubtful — — — — — — — — Total $ 132,525 $ 57,746 $ 67,618 $ 21,305 $ 50,489 $ — $ 4,112 $ 333,795 Paycheck Protection Program: Risk Rating Pass or not rated $ 107,498 $ 18,773 $ — $ — $ — $ — $ — $ 126,271 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 107,498 $ 18,773 $ — $ — $ — $ — $ — $ 126,271 Lease financing receivables: Risk Rating Pass or not rated $ 2,068 $ 903 $ 2,896 $ 1,406 $ 2,154 $ — $ — $ 9,427 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 2,068 $ 903 $ 2,896 $ 1,406 $ 2,154 $ — $ — $ 9,427 Aircraft: Risk Rating Pass or not rated $ 47,983 $ 46,405 $ 24,134 $ 10,049 $ 1,827 $ — $ — $ 130,398 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 47,983 $ 46,405 $ 24,134 $ 10,049 $ 1,827 $ — $ — $ 130,398 Home equity: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 213,297 $ — $ 213,297 Special Mention — — — — — 125 — 125 Substandard — — — — — 1,860 — 1,860 Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 215,282 $ — $ 215,282 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year (Continued) Amortized Converted As of September 30, 2021 2021 2020 2019 2018 Prior Cost Basis to Term Total Consumer: Risk Rating Pass or not rated $ 844 $ 725 $ 10,451 $ 5,156 $ 6,864 $ 14,880 $ — $ 38,920 Special Mention — — — — — — — — Substandard — — 25 47 298 — — 370 Doubtful — — — — — — — — Total $ 844 $ 725 $ 10,476 $ 5,203 $ 7,162 $ 14,880 $ — $ 39,290 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 750,682 $ — $ 750,682 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 750,682 $ — $ 750,682 TRS: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 1 $ — $ 1 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 1 $ — $ 1 RCS: Risk Rating Pass or not rated $ 23,112 $ 9,275 $ 2,387 $ 985 $ 3,943 $ 76,004 $ — $ 115,706 Special Mention — — — — — — — — Substandard — — — — — 1,005 — 1,005 Doubtful — — — — — — — — Total $ 23,112 $ 9,275 $ 2,387 $ 985 $ 3,943 $ 77,009 $ — $ 116,711 Grand Total: Risk Rating Pass or not rated $ 967,484 $ 740,996 $ 437,121 $ 233,114 $ 689,200 $ 1,054,864 $ 86,705 $ 4,209,484 Special Mention 27,805 5,065 33,038 11,614 30,411 125 — 108,058 Substandard — 3,181 976 1,053 15,964 2,865 2,201 26,240 Doubtful — — — — — — — — Grand Total $ 995,289 $ 749,242 $ 471,135 $ 245,781 $ 735,575 $ 1,057,854 $ 88,906 $ 4,343,782 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year Amortized Converted As of December 31, 2020 2020 2019 2018 2017 Prior Cost Basis to Term Total Residential real estate owner occupied: Risk Rating Pass or not rated $ 268,313 $ 132,018 $ 82,754 $ 67,430 $ 301,366 $ — $ — $ 851,881 Special Mention — 364 42 1,610 8,730 — — 10,746 Substandard 394 1,423 1,331 614 13,411 — — 17,173 Doubtful — — — — — — — — Total $ 268,707 $ 133,805 $ 84,127 $ 69,654 $ 323,507 $ — $ — $ 879,800 Residential real estate nonowner occupied: Risk Rating Pass or not rated $ 73,291 $ 63,102 $ 43,610 $ 45,759 $ 38,316 $ — $ 621 $ 264,699 Special Mention — — — — — — — — Substandard — — — — 81 — — 81 Doubtful — — — — — — — — Total $ 73,291 $ 63,102 $ 43,610 $ 45,759 $ 38,397 $ — $ 621 $ 264,780 Commercial real estate: Risk Rating Pass or not rated $ 315,550 $ 258,251 $ 166,542 $ 171,207 $ 315,336 $ — $ 55,949 $ 1,282,835 Special Mention 3,397 30,969 236 11,355 9,659 — — 55,616 Substandard 2,596 349 — 987 3,899 — 2,803 10,634 Doubtful — — — — — — — — Total $ 321,543 $ 289,569 $ 166,778 $ 183,549 $ 328,894 $ — $ 58,752 $ 1,349,085 Construction and land development: Risk Rating Pass or not rated $ 53,972 $ 31,756 $ 7,840 $ 701 $ 1,964 $ — $ — $ 96,233 Special Mention — 2,397 — — — — — 2,397 Substandard — 44 — — — — — 44 Doubtful — — — — — — — — Total $ 53,972 $ 34,197 $ 7,840 $ 701 $ 1,964 $ — $ — $ 98,674 Commercial and industrial: Risk Rating Pass or not rated $ 105,985 $ 84,575 $ 33,391 $ 32,303 $ 46,697 $ — $ 1,040 $ 303,991 Special Mention 18,195 800 — — 2,215 — — 21,210 Substandard 383 12 — — — — — 395 Doubtful — — — — — — — — Total $ 124,563 $ 85,387 $ 33,391 $ 32,303 $ 48,912 $ — $ 1,040 $ 325,596 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year (Continued) Amortized Converted As of December 31, 2020 2020 2019 2018 2017 Prior Cost Basis to Term Total Paycheck Protection Program: Risk Rating Pass or not rated $ 392,319 $ — $ — $ — $ — $ — $ — $ 392,319 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 392,319 $ — $ — $ — $ — $ — $ — $ 392,319 Lease financing receivables: Risk Rating Pass or not rated $ 1,117 $ 3,663 $ 1,814 $ 2,847 $ 689 $ — $ — $ 10,130 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 1,117 $ 3,663 $ 1,814 $ 2,847 $ 689 $ — $ — $ 10,130 Aircraft: Risk Rating Pass or not rated $ 55,823 $ 30,529 $ 13,804 $ 1,219 $ — $ — $ — $ 101,375 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 55,823 $ 30,529 $ 13,804 $ 1,219 $ — $ — $ — $ 101,375 Home equity: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 237,633 $ — $ 237,633 Special Mention — — — — — 127 — 127 Substandard — — — — — 2,880 — 2,880 Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 240,640 $ — $ 240,640 Consumer: Risk Rating Pass or not rated $ 425 $ 13,636 $ 8,563 $ 7,125 $ 8,648 $ 14,321 $ — $ 52,718 Special Mention — — — — 5 — — 5 Substandard — 32 49 229 212 5 — 527 Doubtful — — — — — — — — Total $ 425 $ 13,668 $ 8,612 $ 7,354 $ 8,865 $ 14,326 $ — $ 53,250 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 962,796 $ — $ 962,796 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 962,796 $ — $ 962,796 TRS: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ — $ — $ — Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ — $ — $ — RCS: Risk Rating Pass or not rated $ 27,683 $ 5,704 $ 2,485 $ 1,232 $ 19,095 $ 54,348 $ — $ 110,547 Special Mention — — — — — — — — Substandard — — — — — 346 — 346 Doubtful — — — — — — — — Total $ 27,683 $ 5,704 $ 2,485 $ 1,232 $ 19,095 $ 54,694 $ — $ 110,893 Grand Total: Risk Rating Pass or not rated $ 1,294,478 $ 623,234 $ 360,803 $ 329,823 $ 732,111 $ 1,269,098 $ 57,610 $ 4,667,157 Special Mention 21,592 34,530 278 12,965 20,609 127 — 90,101 Substandard 3,373 1,860 1,380 1,830 17,603 3,231 2,803 32,080 Doubtful — — — — — — — — Grand Total $ 1,319,443 $ 659,624 $ 362,461 $ 344,618 $ 770,323 $ 1,272,456 $ 60,413 $ 4,789,338
Schedule of activity in the ACLL for loan and lease losses	ACLL Rollforward Three Months Ended September 30, 2021 2020 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 $ 8,977 $ (677) $ — $ 329 $ 8,629 $ 9,303 $ 330 $ (13) $ 21 $ 9,641 Nonowner occupied 2,551 47 — — 2,598 2,274 96 — 7 2,377 Commercial real estate 23,307 286 — 3 23,596 16,300 4,663 — — 20,963 Construction & land development 3,299 376 — — 3,675 4,940 (341) — — 4,599 Commercial & industrial 4,117 (139) (35) 16 3,959 2,405 654 (255) 80 2,884 Paycheck Protection Program — — — — — — — — — — Lease financing receivables 97 2 — — 99 125 (8) — — 117 Aircraft 303 23 — — 326 208 11 — — 219 Home equity 4,305 (63) — 5 4,247 5,124 (7) (14) 21 5,124 Consumer: Credit cards 949 22 (40) 20 951 928 36 (29) 7 942 Overdrafts 717 143 (195) 88 753 488 324 (157) 50 705 Automobile loans 273 (34) (19) 6 226 473 (67) — — 406 Other consumer 467 (28) (25) 14 428 609 92 (41) 20 680 Total Traditional Banking 49,362 (42) (314) 481 49,487 43,177 5,783 (509) 206 48,657 Warehouse lines of credit 2,100 (223) — — 1,877 2,575 (3) — — 2,572 Total Core Banking 51,462 (265) (314) 481 51,364 45,752 5,780 (509) 206 51,229 Republic Processing Group (includes discontinued operations): Tax Refund Solutions: Easy Advances (discontinued operations) — (2,242) — 2,242 — — (4,294) — 4,294 — Other TRS loans (discontinued operations) — (19) — 19 — 211 (48) (22) — 141 Republic Credit Solutions (continuing operations) 8,829 3,820 (1,064) 75 11,660 9,134 (12) (684) 83 8,521 Total Republic Processing Group 8,829 1,559 (1,064) 2,336 11,660 9,345 (4,354) (706) 4,377 8,662 Total $ 60,291 $ 1,294 $ (1,378) $ 2,817 $ 63,024 $ 55,097 $ 1,426 $ (1,215) $ 4,583 $ 59,891 ACLL Rollforward Nine Months Ended September 30, 2021 2020 Beginning Charge- Ending Beginning ASC 326 Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Adoption Provision offs Recoveries Balance Traditional Banking: Residential real estate: Owner occupied $ 9,715 $ (1,461) $ — $ 375 $ 8,629 $ 4,729 $ 4,199 $ 648 $ (40) $ 105 $ 9,641 Nonowner occupied 2,466 131 — 1 2,598 1,737 148 481 — 11 2,377 Commercial real estate 23,606 336 (428) 82 23,596 10,486 273 10,002 (270) 472 20,963 Construction & land development 3,274 401 — — 3,675 2,152 1,447 1,000 — — 4,599 Commercial & industrial 2,797 1,170 (35) 27 3,959 2,882 (1,318) 1,643 (447) 124 2,884 Paycheck Protection Program — — — — — — — — — — — Lease financing receivables 106 (7) — — 99 147 — (30) — — 117 Aircraft 253 73 — — 326 176 — 43 — — 219 Home equity 4,990 (789) — 46 4,247 2,721 1,652 657 (14) 108 5,124 Consumer: Credit cards 929 108 (130) 44 951 1,020 33 74 (206) 21 942 Overdrafts 587 351 (444) 259 753 1,169 — 13 (660) 183 705 Automobile loans 399 (178) (19) 24 226 612 (7) (220) (8) 29 406 Other consumer 577 (137) (56) 44 428 374 307 (81) (86) 166 680 Total Traditional Banking 49,699 (2) (1,112) 902 49,487 28,205 6,734 14,230 (1,731) 1,219 48,657 Warehouse lines of credit 2,407 (530) — — 1,877 1,794 — 778 — — 2,572 Total Core Banking 52,106 (532) (1,112) 902 51,364 29,999 6,734 15,008 (1,731) 1,219 51,229 Republic Processing Group (includes discontinued operations): Tax Refund Solutions: Easy Advances (discontinued operations) — 7,984 (10,256) 2,272 — — — 15,239 (19,575) 4,336 — Other TRS loans (discontinued operations) 158 (134) (51) 27 — 234 — — (94) 1 141 Republic Credit Solutions (continuing operations) 8,803 5,037 (2,427) 247 11,660 13,118 — 251 (5,401) 553 8,521 Total Republic Processing Group 8,961 12,887 (12,734) 2,546 11,660 13,352 — 15,490 (25,070) 4,890 8,662 Total $ 61,067 $ 12,355 $ (13,846) $ 3,448 $ 63,024 $ 43,351 $ 6,734 $ 30,498 $ (26,801) $ 6,109 $ 59,891
Schedule of non-performing loans and non-performing assets and select credit quality ratios	(dollars in thousands) September 30, 2021 December 31, 2020 Loans on nonaccrual status* $ 20,252 $ 23,548 Loans past due 90-days-or-more and still on accrual** 691 47 Total nonperforming loans 20,943 23,595 Other real estate owned 1,845 2,499 Total nonperforming assets $ 22,788 $ 26,094 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.48 % 0.49 % Nonperforming assets to total loans (including OREO) 0.52 0.54 Nonperforming assets to total assets 0.37 0.42 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.48 % 0.50 % Nonperforming assets to total loans (including OREO) 0.52 0.56 Nonperforming assets to total assets 0.39 0.45 * 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, 2021 December 31, 2020 September 30, 2021 December 31, 2020 Traditional Banking: Residential real estate: Owner occupied $ 11,708 $ 14,328 $ — $ — Nonowner occupied 99 81 — — Commercial real estate 6,607 6,762 — — Construction & land development — — — — Commercial & industrial 93 55 — — Paycheck Protection Program — — — Lease financing receivables — — — — Aircraft — — — Home equity 1,657 2,141 — — Consumer: Credit cards — — — 5 Overdrafts — — — — Automobile loans 84 170 — — Other consumer 4 11 — — Total Traditional Banking 20,252 23,548 — 5 Warehouse lines of credit — — — — Total Core Banking 20,252 23,548 — 5 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — Other TRS loans — — — — Republic Credit Solutions — — 691 42 Total Republic Processing Group — — 691 42 Total $ 20,252 $ 23,548 $ 691 $ 47 * 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, 2021 September 30, 2021 September 30, 2021 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 $ 2,041 $ 9,667 $ 11,708 $ 225 $ 672 Nonowner occupied 33 66 99 2 5 Commercial real estate 4,153 2,454 6,607 16 125 Construction & land development — — — — — Commercial & industrial 45 48 93 — 2 Paycheck Protection Program — — — — — Lease financing receivables — — — — — Aircraft — — — — — Home equity 63 1,594 1,657 19 121 Consumer 14 74 88 4 8 Total $ 6,349 $ 13,903 $ 20,252 $ 266 $ 933 * Includes interest income for loans on nonaccrual as of the beginning of the period that were paid off during the period. Three Months Ended Nine Months Ended As of December 31, 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 $ 1,995 $ 12,333 $ 14,328 $ 252 $ 649 Nonowner occupied 8 73 81 2 6 Commercial real estate 576 6,186 6,762 17 854 Construction & land development — — — 7 7 Commercial & industrial — 55 55 7 16 Paycheck Protection Program — — — — — Lease financing receivables — — — — — Aircraft — — — — — Home equity 91 2,050 2,141 29 81 Consumer 69 112 181 3 9 $ 2,739 $ 20,809 $ 23,548 $ 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, 2021 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent Current Total Traditional Banking: Residential real estate: Owner occupied $ 896 $ 315 $ 917 $ 2,128 $ 825,770 $ 827,898 Nonowner occupied — — — — 294,818 294,818 Commercial real estate — — 5,037 5,037 1,388,204 1,393,241 Construction & land development — — — — 105,968 105,968 Commercial & industrial 8 — 58 66 333,729 333,795 Paycheck Protection Program — — — — 126,271 126,271 Lease financing receivables — — — — 9,427 9,427 Aircraft — — — — 130,398 130,398 Home equity 50 — 209 259 215,023 215,282 Consumer: Credit cards 36 9 — 45 14,736 14,781 Overdrafts 137 6 2 145 608 753 Automobile loans — — 11 11 17,522 17,533 Other consumer 1 — — 1 6,222 6,223 Total Traditional Banking 1,128 330 6,234 7,692 3,468,696 3,476,388 Warehouse lines of credit — — — — 750,682 750,682 Total Core Banking 1,128 330 6,234 7,692 4,219,378 4,227,070 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — Other TRS loans — — — — 1 1 Republic Credit Solutions 6,828 2,182 691 9,701 107,010 116,711 Total Republic Processing Group 6,828 2,182 691 9,701 107,011 116,712 Total $ 7,956 $ 2,512 $ 6,925 $ 17,393 $ 4,326,389 $ 4,343,782 Delinquency ratio* 0.18 % 0.06 % 0.16 % 0.40 % * 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, 2020 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent Current Total Traditional Banking: Residential real estate: Owner occupied $ 1,038 $ 668 $ 1,554 $ 3,260 $ 876,540 $ 879,800 Nonowner occupied — — — — 264,780 264,780 Commercial real estate — 348 5,109 5,457 1,343,628 1,349,085 Construction & land development — — — — 98,674 98,674 Commercial & industrial — — 12 12 325,584 325,596 Paycheck Protection Program — — — — 392,319 392,319 Lease financing receivables — — — — 10,130 10,130 Aircraft — — — — 101,375 101,375 Home equity 93 14 595 702 239,938 240,640 Consumer: Credit cards 33 35 5 73 14,123 14,196 Overdrafts 140 5 2 147 440 587 Automobile loans 42 — 14 56 30,244 30,300 Other consumer 6 — — 6 8,161 8,167 Total Traditional Banking 1,352 1,070 7,291 9,713 3,705,936 3,715,649 Warehouse lines of credit — — — — 962,796 962,796 Total Core Banking 1,352 1,070 7,291 9,713 4,668,732 4,678,445 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — Other TRS loans — — — — — — Republic Credit Solutions 6,572 3,620 42 10,234 100,659 110,893 Total Republic Processing Group 6,572 3,620 42 10,234 100,659 110,893 Total $ 7,924 $ 4,690 $ 7,333 $ 19,947 $ 4,769,391 $ 4,789,338 Delinquency ratio* 0.17 % 0.10 % 0.15 % 0.42 % * 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	September 30, 2021 December 31, 2020 Secured Secured Secured Secured by Real by Personal by Real by Personal (dollars in thousands) Estate Property Estate Property Traditional Banking: Residential real estate: Owner occupied $ 13,645 $ — $ 17,212 $ — Nonowner occupied 99 — 81 — Commercial real estate 8,985 — 10,205 — Construction & land development — — — — Commercial & industrial — 47 — 12 Paycheck Protection Program — — — — Lease financing receivables — — — — Aircraft — — — — Home equity 1,860 — 2,899 — Consumer — 369 — 237 Total Traditional Banking $ 24,589 $ 416 $ 30,397 $ 249
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, 2021 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 64 $ 3,736 94 $ 8,293 158 $ 12,029 Commercial real estate 2 2,580 2 1,262 4 3,842 Commercial & industrial — — 1 1 1 1 Consumer 1 12 2,306 567 2,307 579 Total troubled debt restructurings 67 $ 6,328 2,403 $ 10,123 2,470 $ 16,451 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, 2020 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 61 $ 4,189 123 $ 11,041 184 $ 15,230 Commercial real estate 2 2,509 5 2,395 7 4,904 Construction & land development — — 1 44 1 44 Commercial & industrial — — 1 1 1 1 Consumer 1 14 2,194 585 2,195 599 Total troubled debt restructurings 64 $ 6,712 2,324 $ 14,066 2,388 $ 20,778
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, 2021 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Rate reduction 88 $ 7,964 2 $ 123 90 $ 8,087 Principal deferral 7 605 1 160 8 765 Legal modification 51 2,758 9 419 60 3,177 Total residential TDRs 146 11,327 12 702 158 12,029 Commercial related and construction/land development loans: Rate reduction 1 936 — — 1 936 Principal deferral 3 444 1 2,463 4 2,907 Total commercial TDRs 4 1,380 1 2,463 5 3,843 Consumer loans: Principal deferral 2,304 560 — — 2,304 560 Legal modification 3 19 — — 3 19 Total consumer TDRs 2,307 579 — — 2,307 579 Total troubled debt restructurings 2,457 $ 13,286 13 $ 3,165 2,470 $ 16,451 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, 2020 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments 1 $ 826 — $ — 1 $ 826 Rate reduction 101 9,526 6 370 107 9,896 Principal deferral 9 858 2 166 11 1,024 Legal modification 58 3,068 7 416 65 3,484 Total residential TDRs 169 14,278 15 952 184 15,230 Commercial related and construction/land development loans: Interest only payments 1 488 — — 1 488 Rate reduction 2 1,046 1 45 3 1,091 Principal deferral 4 906 1 2,464 5 3,370 Total commercial TDRs 7 2,440 2 2,509 9 4,949 Consumer loans: Principal deferral 2,193 578 — — 2,193 578 Legal modification 2 21 — — 2 21 Total consumer TDRs 2,195 599 — — 2,195 599 Total troubled debt restructurings 2,371 $ 17,317 17 $ 3,461 2,388 $ 20,778
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, 2021 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Legal modification 3 $ 142 1 $ 14 4 $ 156 Total residential TDRs 3 142 1 14 4 156 Consumer loans: Principal deferral 124 13 — — 124 13 Total consumer TDRs 124 13 — — 124 13 Total troubled debt restructurings 127 $ 155 1 $ 14 128 $ 169 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 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, 2021 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Principal deferral — $ — 1 $ 160 1 $ 160 Legal modification 6 378 5 288 11 666 Total residential TDRs 6 378 6 448 12 826 Consumer loans: Principal deferral 556 72 — — 556 72 Legal modification 1 3 — — 1 3 Total consumer TDRs 557 75 — — 557 75 Total troubled debt restructurings 563 $ 453 6 $ 448 569 $ 901 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 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, 2021 2020 2021 2020 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 2 $ 179 3 $ 163 6 $ 468 5 $ 269 Commercial real estate — — 2 2,964 1 116 2 2,964 Home equity 1 14 1 20 1 14 2 33 Total 3 $ 193 6 $ 3,147 8 $ 598 9 $ 3,266
Schedule of carrying amount of foreclosed properties held	(in thousands) September 30, 2021 December 31, 2020 Residential real estate $ — $ 496 Commercial real estate 1,845 2,003 Total other real estate owned $ 1,845 $ 2,499
Schedule of recorded investment in consumer mortgage loans secured by residential real estate properties	(in thousands) September 30, 2021 December 31, 2020 Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure $ 475 $ 981
Schedule of Easy Advances	Three Months Ended Nine Months Ended September 30, September 30, (dollars in thousands) 2021 2020 2021 2020 Easy Advances originated $ — $ — $ 250,045 $ 387,762 Net (credit) charge to the Provision for Easy Advances (2,242) (4,294) 7,984 15,239 Provision to total Easy Advances originated NA NA 3.19 % 3.93 % Easy Advances net charge-offs (recoveries) $ (2,242) $ (4,294) $ 7,984 $ 15,239 Easy Advances net charge-offs to total Easy Advances originated NA NA 3.19 % 3.93 %

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
DEPOSITS (Tables)	Sep. 30, 2021
DEPOSITS
Composition of deposit portfolio	The composition of the deposit portfolio follows: (in thousands) September 30, 2021 December 31, 2020 Core Bank: Demand $ 1,342,395 $ 1,217,263 Money market accounts 793,236 712,824 Savings 295,663 236,335 Individual retirement accounts (1) 46,196 47,889 Time deposits, $250 and over (1) 84,340 83,448 Other certificates of deposit (1) 163,345 199,214 Reciprocal money market and time deposits (1) 101,109 314,109 Brokered deposits (1) 30,001 25,010 Total Core Bank interest-bearing deposits 2,856,285 2,836,092 Total Core Bank noninterest-bearing deposits 1,691,413 1,503,662 Total Core Bank deposits 4,547,698 4,339,754 Republic Processing Group: Money market accounts 5,114 6,673 Total RPG interest-bearing deposits 5,114 6,673 Brokered prepaid card deposits 323,250 257,856 Other noninterest-bearing deposits 38,822 110,021 Total RPG noninterest-bearing deposits 362,072 367,877 Total RPG deposits 367,186 374,550 Deposits of discontinued operations (2) 33,063 18,877 Total deposits $ 4,947,947 $ 4,733,181 (1) Includes time deposit (2) See additional detail regarding the Bank’s agreement to sell TRS under Footnote 17 “Discontinued Operations” in this section of the filing .

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Tables)	9 Months Ended
	Sep. 30, 2021
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
Schedule of securities sold under agreements to repurchase	(dollars in thousands) September 30, 2021 December 31, 2020 Outstanding balance at end of period $ 260,583 $ 211,026 Weighted average interest rate at end of period 0.04 % 0.04 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 114,308 $ 60,059 Mortgage backed securities - residential 156,237 140,554 Collateralized mortgage obligations 23,457 29,656 Total securities pledged $ 294,002 $ 230,269 Three Months Ended Nine Months Ended September 30, September 30, (dollars in thousands) 2021 2020 2021 2020 Average outstanding balance during the period $ 242,867 $ 213,010 $ 201,992 $ 199,556 Average interest rate during the period 0.03 % 0.04 % 0.02 % 0.11 % Maximum outstanding at any month end during the period $ 307,358 $ 195,229 $ 307,358 $ 195,229

RIGHT-OF-USE ASSETS AND OPERA_2

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2021
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) 2021 2020 2021 2020 Operating lease expense: Related Party: Variable lease expense $ 1,224 $ 1,235 $ 3,662 $ 3,706 Fixed lease expense 34 23 102 69 Third Party: Variable lease expense 197 180 590 541 Fixed lease expense 337 371 1,021 1,109 Short-term lease expense — 3 — 7 Total operating lease expense $ 1,792 $ 1,812 $ 5,375 $ 5,432 Other information concerning operating leases: Cash paid for amounts included in the measurement of operating lease liabilities $ 1,793 $ 1,817 $ 5,390 $ 5,448 Short-term lease payments not included in the measurement of lease liabilities — 3 — 7
Schedule of weighted average remaining term and weighted average discount rate for operating leases	(dollars in thousands) September 30, 2021 December 31, 2020 Weighted average remaining term in years 7.76 8.37 Weighted average discount rate 3.08 % 3.10 %
Schedule of operating lease liabilities	Year (in thousands) Related Party Third Party Total 2021 $ 1,160 $ 636 $ 1,796 2022 4,639 2,492 7,131 2023 4,639 2,049 6,688 2024 4,512 1,517 6,029 2025 4,344 979 5,323 Thereafter 15,800 2,729 18,529 Total undiscounted cash flows $ 35,094 $ 10,402 $ 45,496 Discount applied to cash flows (4,065) (1,280) (5,345) Total discounted cash flows reported as operating lease liabilities $ 31,029 $ 9,122 $ 40,151

FEDERAL HOME LOAN BANK ADVANC_2

FEDERAL HOME LOAN BANK ADVANCES (Tables)	9 Months Ended
FEDERAL HOME LOAN BANK ADVANCES (Tables)	Sep. 30, 2021
FEDERAL HOME LOAN BANK ADVANCES
Federal Home Loan Bank Advances	(in thousands) September 30, 2021 December 31, 2020 Overnight advances $ 25,000 $ 225,000 Fixed interest rate advances — 10,000 Total FHLB advances $ 25,000 $ 235,000
Aggregate Future Principal Payments on FHLB Advances	Weighted Average Year (dollars in thousands) Principal Rate 2021 (Overnight) $ 25,000 0.14 % 2021 (Term) — — 2022 — — 2023 — — 2024 — — 2025 — — Thereafter — — Total $ 25,000 0.14 %
Information Regarding Overnight FHLB Advances	Three Months Ended Nine Months Ended September 30, September 30, (dollars in thousands) 2021 2020 2021 2020 Average outstanding balance during the period $ 25,000 $ 272 $ 30,037 $ 29,106 Average interest rate during the period 0.10 % 0.17 % 0.15 % 0.92 % Maximum outstanding at any month end during the period $ 25,000 $ 25,000 $ 25,000 $ 250,000
Real Estate Loans Pledged	(in thousands) September 30, 2021 December 31, 2020 First lien, single family residential real estate $ 1,034,959 $ 1,048,236 Home equity lines of credit 191,443 208,944

OFF BALANCE SHEET RISKS, COMM_2

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2021
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
Commitments Exclusive of Mortgage Bank Loan Commitments	(in thousands) September 30, 2021 December 31, 2020 Unused warehouse lines of credit $ 658,318 $ 456,004 Unused home equity lines of credit 350,198 353,322 Unused loan commitments - other 787,660 775,128 Standby letters of credit 14,130 10,949 FHLB letter of credit 643 643 Total commitments $ 1,810,949 $ 1,596,046
Schedule of rollforward of the Off Balance Sheet risks ACLC	The following tables present a rollforward of the ACLC for the three and nine months ended September 30, 2021 and 2020: ACLC Rollforward Three Months Ended 2021 2020 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Loan Commitments Unused warehouse lines of credit $ 140 $ — $ — $ — $ 140 $ 58 $ (6) $ — $ — $ 52 Unused home equity lines of credit 213 29 — — 242 124 22 — — 146 Unused loan commitments - other 581 (26) — — 555 454 271 — — 725 Total $ 934 $ 3 $ — $ — $ 937 $ 636 $ 287 $ — $ — $ 923 The Company increased its ACLC during the three months ended September 30, 2021 based on an increase in the expected usage for its home equity lines of credit. ACLC Rollforward Nine Months Ended 2021 2020 Beginning Charge- Ending Beginning ASC 326 Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Adoption Provision offs Recoveries Balance Loan Commitments Unused warehouse lines of credit $ 79 $ 61 $ — $ — $ 140 $ — $ 55 $ (3) $ — $ — $ 52 Unused home equity lines of credit 173 69 — — 242 — 89 57 — — 146 Unused loan commitments - other 737 (182) — — 555 — 312 413 — — 725 Total $ 989 $ (52) $ — $ — $ 937 $ — $ 456 $ 467 $ — $ — $ 923

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
FAIR VALUE (Tables)	Sep. 30, 2021
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on Recurring Basis	Fair Value Measurements at September 30, 2021 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 $ — $ 234,845 $ — $ 234,845 Private label mortgage-backed security — — 2,780 2,780 Mortgage-backed securities - residential — 209,805 — 209,805 Collateralized mortgage obligations — 34,519 — 34,519 Corporate bonds — 10,081 — 10,081 Trust preferred security — — 3,850 3,850 Total available-for-sale debt securities $ — $ 489,250 $ 6,630 $ 495,880 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 102 $ — $ 102 Community Reinvestment Act mutual fund 2,476 — — 2,476 Total equity securities with readily determinable fair value $ 2,476 $ 102 $ — $ 2,578 Mortgage loans held for sale $ — $ 25,791 $ — $ 25,791 Consumer loans held for sale — — 10,779 10,779 Consumer loans held for investment — — 254 254 Rate lock loan commitments — 1,943 — 1,943 Mandatory forward contracts — 722 — 722 Interest rate swap agreements — 6,707 — 6,707 Financial liabilities: Interest rate swap agreements $ — $ 6,707 $ — $ 6,707 Fair Value Measurements at December 31, 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 $ — $ 246,909 $ — $ 246,909 Private label mortgage-backed security — — 2,957 2,957 Mortgage-backed securities - residential — 211,202 — 211,202 Collateralized mortgage obligations — 48,952 — 48,952 Corporate bonds — 10,043 — 10,043 Trust preferred security — — 3,800 3,800 Total available-for-sale debt securities $ — $ 517,106 $ 6,757 $ 523,863 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 560 $ — $ 560 Community Reinvestment Act mutual fund 2,523 — — 2,523 Total equity securities with readily determinable fair value $ 2,523 $ 560 $ — $ 3,083 Mortgage loans held for sale $ — $ 46,867 $ — $ 46,867 Consumer loans held for sale — — 3,298 3,298 Consumer loans held for investment — — 497 497 Rate lock loan commitments — 4,540 — 4,540 Interest rate swap agreements — 12,545 — 12,545 Financial liabilities: Mandatory forward contracts $ — $ 976 $ — $ 976 Interest rate swap agreements — 12,545 — 12,545
Assets Measured at Fair Value on a Non-Recurring Basis	Fair Value Measurements at September 30, 2021 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 $ — $ — $ 1,733 $ 1,733 Commercial real estate — — 3,568 3,568 Commercial & industrial — — 60 60 Home equity — — 314 314 Total collateral-dependent loans* $ — $ — $ 5,675 $ 5,675 Other real estate owned: Commercial real estate $ — $ — $ 1,845 $ 1,845 Total other real estate owned $ — $ — $ 1,845 $ 1,845 Fair Value Measurements at December 31, 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 $ — $ — $ 3,860 $ 3,860 Commercial real estate — — 4,107 4,107 Home equity — — 395 395 Total collateral-dependent loans* $ — $ — $ 8,362 $ 8,362 Other real estate owned: Residential real estate $ — $ — $ 2,003 $ 2,003 Total other real estate owned $ — $ — $ 2,003 $ 2,003 Mortgage servicing rights $ — $ 3,233 $ — $ 3,233 * The difference between the carrying value and the fair value of collateral-dependent 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, 2021 December 31, 2020 Carrying amount of loans measured at fair value $ 5,122 $ 7,110 Estimated selling costs considered in carrying amount 911 1,252 Valuation allowance (358) — Total fair value $ 5,675 $ 8,362
Provisions for loss on collateral dependent impaired loans	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Provision on collateral-dependent $ 345 $ 430 $ 393 $ (71)
Other Real Estate Owned	(in thousands) September 30, 2021 December 31, 2020 Other real estate owned carried at fair value $ 1,845 $ 2,003 Other real estate owned carried at cost — 496 Total carrying value of other real estate owned $ 1,845 $ 2,499 Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Other real estate owned write-downs during the period $ 53 $ 53 $ 158 $ 53
Carrying amount and estimated fair values of financial instruments	Fair Value Measurements at September 30, 2021: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 1,011,247 $ 1,011,247 $ — $ — $ 1,011,247 Available-for-sale debt securities 495,880 — 489,250 6,630 495,880 Held-to-maturity debt securities 44,991 — 45,590 — 45,590 Equity securities with readily determinable fair values 2,578 2,476 102 — 2,578 Mortgage loans held for sale, at fair value 25,791 — 25,791 — 25,791 Consumer loans held for sale, at fair value 10,779 — — 10,779 10,779 Consumer loans held for sale, at the lower of cost or fair value 3,976 — — 3,976 3,976 Loans for discontinued operations, at the lower of cost or fair value 24 — — 24 24 Loans, net 4,280,758 — — 4,276,437 4,276,437 Federal Home Loan Bank stock 10,311 — — — NA Accrued interest receivable 9,352 — 9,352 — 9,352 Mortgage servicing rights 8,867 — 10,906 — 10,906 Rate lock loan commitments 1,943 — 1,943 — 1,943 Mandatory forward contracts 722 — 722 — 722 Interest rate swap agreements 6,707 — 6,707 — 6,707 Liabilities: Noninterest-bearing deposits $ 2,053,485 — $ 2,053,485 — $ 2,053,485 Transaction deposits 2,536,782 — 2,536,782 — 2,536,782 Time deposits 324,617 — 328,162 — 328,162 Deposits of discontinued operations 33,063 — 33,063 — 33,063 Securities sold under agreements to repurchase and other short-term borrowings 260,583 — 260,583 — 260,583 Federal Home Loan Bank advances 25,000 — 25,000 — 25,000 Accrued interest payable 180 — 180 — 180 Interest rate swap agreements 6,707 — 6,707 — 6,707 Fair Value Measurements at December 31, 2020: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 485,587 $ 485,587 $ — $ — $ 485,587 Available-for-sale debt securities 523,863 — 517,106 6,757 523,863 Held-to-maturity debt securities 53,324 — 54,190 — 54,190 Equity securities with readily determinable fair values 3,083 2,523 560 — 3,083 Mortgage loans held for sale, at fair value 46,867 — 46,867 — 46,867 Consumer loans held for sale, at fair value 3,298 — — 3,298 3,298 Consumer loans held for sale, at the lower of cost or fair value 1,478 — — 1,478 1,478 Loans for discontinued operations, at the lower of cost or fair value 23,765 — — 23,765 23,765 Loans, net 4,728,271 — — 4,726,066 4,726,066 Federal Home Loan Bank stock 17,397 — — — NA Accrued interest receivable 12,925 — 12,925 — 12,925 Mortgage servicing rights 7,095 — 8,318 — 8,318 Rate lock loan commitments 4,540 — 4,540 — 4,540 Interest rate swap agreements 12,545 — 12,545 — 12,545 Liabilities: Noninterest-bearing deposits $ 1,871,539 — $ 1,871,539 — $ 1,871,539 Transaction deposits 2,444,361 — 2,444,361 — 2,444,361 Time deposits 398,404 — 404,773 — 404,773 Deposits of discontinued operations 18,877 — 18,877 — 18,877 Securities sold under agreements to repurchase and other short-term borrowings 211,026 — 211,026 — 211,026 Federal Home Loan Bank advances 235,000 — 235,009 — 235,009 Subordinated note 41,240 — 31,071 — 31,071 Accrued interest payable 342 — 342 — 342 Mandatory forward contracts 976 — 976 — 976 Interest rate swap agreements 12,545 — 12,545 — 12,545
Nonrecurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Range Fair Valuation Unobservable (Weighted September 30, 2021 (dollars in thousands) Value Technique Inputs Average) Collateral-dependent loans - residential real estate owner occupied $ 1,733 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 51% (10%) Collateral-dependent loans - commercial real estate $ 3,568 Sales comparison approach Adjustments determined for differences between comparable sales 15% - 31% (26%) Collateral-dependent loans - commercial & industrial $ 60 Sales comparison approach Adjustments determined for differences between comparable sales 1% ( Collateral-dependent loans - home equity $ 314 Sales comparison approach Adjustments determined for differences between comparable sales 6%-10% ( Other real estate owned - commercial real estate $ 1,845 Sales comparison approach Adjustments determined for differences between comparable sales 32% ( Range Fair Valuation Unobservable (Weighted December 31, 2020 (dollars in thousands) Value Technique Inputs Average) Collateral-dependent loans - residential real estate owner occupied $ 3,860 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 51% (8%) Collateral-dependent loans - commercial real estate $ 4,107 Sales comparison approach Adjustments determined for differences between comparable sales 7% - 31% (26%) Collateral-dependent loans - home equity $ 395 Sales comparison approach Adjustments determined for differences between comparable sales 2%-6% ( Other real estate owned - commercial real estate $ 2,003 Sales comparison approach Adjustments determined for differences between comparable sales 26% (
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) 2021 2020 2021 2020 Balance, beginning of period $ 2,824 $ 3,023 $ 2,957 $ 3,495 Total gains or losses included in earnings: Net change in unrealized gain 13 60 62 (46) Principal paydowns (57) (79) (239) (445) Balance, end of period $ 2,780 $ 3,004 $ 2,780 $ 3,004
Private label mortgage backed security \| Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Fair Valuation September 30, 2021 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage-backed security $ 2,780 Discounted cash flow (1) Constant prepayment rate 4.5% - 18.0% (2) Probability of default 1.8% - 9.3% (3) Loss severity 50% - 75% Fair Valuation December 31, 2020 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage-backed security $ 2,957 Discounted cash flow (1) Constant prepayment rate 4.5% - 18.0% (2) Probability of default 1.8% - 9.0% (3) Loss severity 50% - 75%
Trust Preferred Securities
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) 2021 2020 2021 2020 Balance, beginning of period $ 3,700 $ 3,500 $ 3,800 $ 4,000 Total gains or losses included in earnings: Discount accretion 14 21 40 43 Net change in unrealized gain 136 279 10 (243) Balance, end of period $ 3,850 $ 3,800 $ 3,850 $ 3,800
Net change in fair value recognized on loans held for sale
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) September 30, 2021 December 31, 2020 Aggregate fair value $ 25,791 $ 46,867 Contractual balance 25,232 44,781 Unrealized gain 559 2,086
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) 2021 2020 2021 2020 Interest income $ 253 $ 300 $ 802 $ 932 Change in fair value (373) 126 (1,527) 1,382 Total included in earnings $ (120) $ 426 $ (725) $ 2,314
Consumer loans
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) September 30, 2021 December 31, 2020 Aggregate fair value $ 10,779 $ 3,298 Contractual balance 10,703 3,284 Unrealized gain 76 14
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) 2021 2020 2021 2020 Interest income $ 2,102 $ 42 $ 4,070 $ 1,563 Change in fair value (16) 2 62 (2) Total included in earnings $ 2,086 $ 44 $ 4,132 $ 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, 2021 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 10,779 Contract Terms (1) Net Premium 1.4% (2) Discounted Sales 5.00% Fair Valuation December 31, 2020 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 3,298 Contract Terms (1) Net Premium 1.4% (2) Discounted Sales 5.00%

MORTGAGE BANKING ACTIVITIES (Ta

MORTGAGE BANKING ACTIVITIES (Tables)	9 Months Ended
MORTGAGE BANKING ACTIVITIES (Tables)	Sep. 30, 2021
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) 2021 2020 2021 2020 Balance, beginning of period $ 32,401 $ 40,028 $ 46,867 $ 19,224 Origination of mortgage loans held for sale 170,482 203,615 525,246 547,556 Proceeds from the sale of mortgage loans held for sale (182,422) (210,309) (562,661) (546,950) Net gain on sale of mortgage loans held for sale 5,330 11,526 16,339 25,030 Balance, end of period $ 25,791 $ 44,860 $ 25,791 $ 44,860
Components of Mortgage Banking Income	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Net gain realized on sale of mortgage loans held for sale $ 5,008 $ 9,151 $ 18,764 $ 18,279 Net change in fair value recognized on loans held for sale (373) 126 (1,527) 1,382 Net change in fair value recognized on rate lock loan commitments (258) 2,194 (2,596) 5,841 Net change in fair value recognized on forward contracts 953 55 1,698 (472) Net gain recognized 5,330 11,526 16,339 25,030 Loan servicing income 832 757 2,433 2,139 Amortization of mortgage servicing rights (882) (1,108) (2,617) (2,701) Change in mortgage servicing rights valuation allowance — (400) 500 (500) Net servicing income recognized (50) (751) 316 (1,062) Total Mortgage Banking income $ 5,280 $ 10,775 $ 16,655 $ 23,968
Activity for capitalized mortgage servicing rights	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Balance, beginning of period $ 8,335 $ 6,711 $ 7,095 $ 5,888 Additions 1,414 1,471 3,889 3,987 Amortized to expense (882) (1,108) (2,617) (2,701) Change in valuation allowance — (400) 500 (500) Balance, end of period $ 8,867 $ 6,674 $ 8,867 $ 6,674
Schedule of activity in the valuation allowance for capitalized mortgage servicing rights	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Beginning valuation allowance $ — $ 100 $ 500 $ — Charge during the period — 400 (500) 500 Ending valuation allowance $ — $ 500 $ — $ 500
Other information relating to mortgage servicing rights	(in thousands) September 30, 2021 December 31, 2020 Fair value of mortgage servicing rights portfolio $ 10,906 $ 8,318 Monthly weighted average prepayment rate of unpaid principal balance* 205 % 308 % Discount rate 10 % 10 % Weighted average foreclosure rate 0.24 % 0.44 % Weighted average life in years 5.88 4.85 * 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, 2021 December 31, 2020 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 $ 25,232 $ 25,791 $ 44,781 $ 46,867 Included in other assets: Rate lock loan commitments $ 94,210 $ 1,943 $ 105,395 $ 4,540 Mandatory forward contracts 105,659 722 — — Included in other liabilities: Mandatory forward contracts $ — $ — $ 136,236 $ 976

INTEREST RATE SWAPS (Tables)

INTEREST RATE SWAPS (Tables)	9 Months Ended
INTEREST RATE SWAPS (Tables)	Sep. 30, 2021
INTEREST RATE SWAPS
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) 2021 2020 2021 2020 Interest rate swap on money market deposits $ — $ 52 $ — $ 107 Interest rate swap on FHLB advance — 51 — 104 Total interest (benefit) expense on swap transactions $ — $ 103 $ — $ 211
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) 2021 2020 2021 2020 Gains (losses) recognized in OCI on derivative (effective portion) $ — $ (1) $ — $ (173) Gains (losses) reclassified from OCI on derivative (effective portion) — (103) — (211) Gains (losses) recognized in income on derivative (ineffective portion) — — — —
Summary of interest rate swaps related to clients	September 30, 2021 December 31, 2020 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 109,456 $ 6,707 $ 138,277 $ 12,545 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed 15,953 (103) — — Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 125,409 $ 6,604 $ 138,277 $ 12,545 Offsetting interest rate swaps with institutional swap dealer Pay fixed/receive variable 125,409 (6,604) 138,277 (12,545) Total $ 250,818 $ — $ 276,554 $ —

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
EARNINGS PER SHARE (Tables)	Sep. 30, 2021
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) 2021 2020 2021 2020 Income from continuing operations $ 18,412 $ 17,275 $ 55,240 $ 49,344 Income (loss) from discontinued operations 1,597 3,114 14,744 13,546 Net income available to common shareholders 20,009 20,389 69,984 62,890 Dividends declared on Common Stock: Class A Shares (5,557) (5,375) (16,980) (16,080) Class B Shares (606) (572) (1,830) (1,716) Undistributed net income for basic earnings per share 13,846 14,442 51,174 45,094 Weighted average potential dividends on Class A shares upon exercise of dilutive options (17) (7) (40) (24) Undistributed net income for diluted earnings per share $ 13,829 $ 14,435 $ 51,134 $ 45,070 Weighted average shares outstanding: Class A Shares 18,342 18,826 18,625 18,830 Class B Shares 2,166 2,200 2,182 2,201 Effect of dilutive securities on Class A Shares outstanding 83 20 72 37 Weighted average shares outstanding including dilutive securities 20,591 21,046 20,879 21,068 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.31 $ 0.29 $ 0.92 $ 0.86 Undistributed earnings per share* from continuing operations 0.60 0.54 1.77 1.51 Total basic earnings per share from continuing operations 0.91 0.83 2.69 2.37 Total basic earnings per share from discontinued operations 0.08 0.15 0.71 0.65 Total basic earnings per share - Class A Common Stock $ 0.99 $ 0.98 $ 3.40 $ 3.02 Class B Common Stock: Per share dividends distributed $ 0.28 $ 0.26 $ 0.84 $ 0.78 Undistributed earnings per share* 0.55 0.49 1.61 1.38 Total basic earnings per share from continuing operations 0.83 0.75 2.45 2.16 Total basic earnings per share from discontinued operations 0.07 0.14 0.65 0.59 Total basic earnings per share - Class B Common Stock $ 0.90 $ 0.89 $ 3.10 $ 2.75 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.31 $ 0.29 $ 0.92 $ 0.86 Undistributed earnings per share* 0.60 0.54 1.76 1.51 Total diluted earnings per share from continuing operations 0.91 0.83 2.68 2.37 Total diluted earnings per share from discontinued operations 0.08 0.15 0.71 0.65 Total diluted earnings per share - Class A Common Stock $ 0.99 $ 0.98 $ 3.39 $ 3.02 Class B Common Stock: Per share dividends distributed $ 0.28 $ 0.26 $ 0.84 $ 0.78 Undistributed earnings per share* 0.55 0.49 1.60 1.37 Total diluted earnings per share from continuing operations 0.83 0.75 2.44 2.15 Total diluted earnings per share from discontinued operations 0.07 0.14 0.65 0.59 Total diluted earnings per share - Class B Common Stock $ 0.90 $ 0.89 $ 3.09 $ 2.74 * 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, 2021 2020 2021 2020 Antidilutive stock options 141,000 431,000 144,000 244,000 Average antidilutive stock options 141,000 367,000 144,000 193,000

OTHER COMPREHENSIVE INCOME (Tab

OTHER COMPREHENSIVE INCOME (Tables)	9 Months Ended
OTHER COMPREHENSIVE INCOME (Tables)	Sep. 30, 2021
OTHER COMPREHENSIVE INCOME
Summary of OCI components and related tax effects	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 Available-for-Sale Debt Securities: Unrealized gains and (losses) on AFS debt securities $ (1,899) $ (258) $ (4,542) $ 8,618 Unrealized gain (loss) of AFS debt security for which a portion of OTTI has been recognized in earnings 13 61 62 (46) Net unrealized (losses) gains (1,886) (197) (4,480) 8,572 Tax effect 471 49 1,119 (2,144) Net of tax (1,415) (148) (3,361) 6,428 Cash Flow Hedges: Change in fair value of derivatives used for cash flow hedges — (1) — (173) Reclassification amount for net derivative losses realized in income — 103 — 211 Net gains (losses) — 102 — 38 Tax effect — (25) — (9) Net of tax — 77 — 29 Total other comprehensive (loss) income components, net of tax $ (1,415) $ (71) $ (3,361) $ 6,457
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 2021 2020 2021 2020 Cash Flow Hedges: Interest rate swap on money market deposits Interest expense on deposits $ — $ (52) $ — $ (107) Interest rate swap on FHLB advance Interest expense on FHLB advances — (51) — (104) Total derivative losses on cash flow hedges Total interest expense — (103) — (211) Tax effect Income tax expense — 26 — 53 Net of tax Net income $ — $ (77) $ — $ (158)
Summary of the AOCI balances, net of tax	2021 (in thousands) December 31, 2020 Change September 30, 2021 Unrealized gain (loss) on AFS debt securities $ 7,571 $ (3,407) $ 4,164 Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings 938 46 984 Total unrealized gain (loss) $ 8,509 $ (3,361) $ 5,148 2020 (in thousands) December 31, 2019 Change September 30, 2020 Unrealized gain on AFS debt securities $ 2,211 $ 6,464 $ 8,675 Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings 964 (35) 929 Unrealized (loss) gain on cash flow hedges (77) 28 (49) Total unrealized gain $ 3,098 $ 6,457 $ 9,555

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	9 Months Ended
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	Sep. 30, 2021
REVENUE FROM CONTRACTS WITH CUSTOMERS
Schedule of net revenues by reportable segments	Three Months Ended September 30, 2021 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) $ 40,297 $ 6,291 $ 253 $ 46,841 $ 171 $ 5,297 $ 5,468 $ 52,309 Noninterest income: Service charges on deposit accounts 3,262 15 — 3,277 — — — 3,277 Mortgage banking income (1) — — 5,280 5,280 — — — 5,280 Interchange fee income 3,199 — — 3,199 1 — 1 3,200 Program fees (1) — — — — 763 3,767 4,530 4,530 Increase in cash surrender value of BOLI (1) 626 — — 626 — — — 626 Net gains (losses) on OREO (52) — — (52) — — — (52) Other 1,073 — 62 1,135 (1) — (1) 1,134 Total noninterest income 8,108 15 5,342 13,465 763 3,767 4,530 17,995 Total net revenue $ 48,405 $ 6,306 $ 5,595 $ 60,306 $ 934 $ 9,064 $ 9,998 $ 70,304 Net-revenue concentration from continuing operations (2) 69 % 9 % 8 % 86 % 1 % 13 % 14 % 100 % 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 $ 675 $ 4,976 $ 5,651 $ 52,049 Noninterest income: Service charges on deposit accounts 3,000 18 — 3,018 (1) — (1) 3,017 Mortgage banking income (1) — — 10,775 10,775 — — — 10,775 Interchange fee income 2,873 — — 2,873 1 — 1 2,874 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 — — — 861 Total noninterest income 7,138 (21) 10,796 17,913 643 844 1,487 19,400 Total net revenue $ 45,891 $ 7,324 $ 11,096 $ 64,311 $ 1,318 $ 5,820 $ 7,138 $ 71,449 Net-revenue concentration from continuing operations (2) 64 % 10 % 16 % 90 % 2 % 8 % 10 % 100 % (1) This revenue is not subject to ASC 606. (2) Net revenue from continuing operations represents net interest income plus total noninterest income from continuing operations. Net-revenue concentration from continuing operations equals segment-level net revenue from continuing operations divided by total Company net revenue from continuing operations. Nine Months Ended September 30, 2021 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) $ 119,677 $ 19,387 $ 802 $ 139,866 $ 665 $ 14,794 $ 15,459 $ 155,325 Noninterest income: Service charges on deposit accounts 9,188 43 — 9,231 (10) — (10) 9,221 Mortgage banking income (1) — — 16,655 16,655 — — — 16,655 Interchange fee income 9,535 — — 9,535 4 — 4 9,539 Program fees (1) — — — — 2,374 7,930 10,304 10,304 Increase in cash surrender value of BOLI (1) 1,616 — — 1,616 — — — 1,616 Net gains (losses) on OREO (107) — — (107) — — — (107) Other 2,630 — 140 2,770 (1) — (1) 2,769 Total noninterest income 22,862 43 16,795 39,700 2,367 7,930 10,297 49,997 Total net revenue $ 142,539 $ 19,430 $ 17,597 $ 179,566 $ 3,032 $ 22,724 $ 25,756 $ 205,322 Net-revenue concentration from continuing operations (2) 70 % 9 % 9 % 88 % 1 % 11 % 12 % 100 % 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 $ 1,622 $ 17,655 $ 19,277 $ 156,333 Noninterest income: Service charges on deposit accounts 8,576 46 — 8,622 (18) — (18) 8,604 Mortgage banking income (1) — — 23,968 23,968 — — — 23,968 Interchange fee income 8,090 — — 8,090 3 — 3 8,093 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 — — — 2,673 Total noninterest income 20,499 7 24,021 44,527 1,558 3,676 5,234 49,761 Total net revenue $ 138,908 $ 17,722 $ 24,953 $ 181,583 $ 3,180 $ 21,331 $ 24,511 $ 206,094 Net-revenue concentration from continuing operations (2) 67 % 9 % 12 % 88 % 2 % 10 % 12 % 100 % (1) This revenue is not subject to ASC 606. (2) Net revenue from continuing operations represents net interest income plus total noninterest income from continuing operations. Net-revenue concentration from continuing operations equals segment-level net revenue from continuing operations divided by total Company net revenue from continuing operations.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
SEGMENT INFORMATION (Tables)	Sep. 30, 2021
SEGMENT INFORMATION
Segment Information	Three Months Ended September 30, 2021 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 $ 40,297 $ 6,291 $ 253 $ 46,841 $ 171 $ 5,297 $ 5,468 $ 52,309 Provision for expected credit loss expense (44) (223) — (267) — 3,820 3,820 3,553 Mortgage banking income — — 5,280 5,280 — — — 5,280 Program fees — — — — 763 3,767 4,530 4,530 Other noninterest income 8,108 15 62 8,185 — — — 8,185 Total noninterest income 8,108 15 5,342 13,465 763 3,767 4,530 17,995 Total noninterest expense 35,927 1,056 3,257 40,240 1,308 1,046 2,354 42,594 Income (loss) from continuing operations before income tax expense 12,522 5,473 2,338 20,333 (374) 4,198 3,824 24,157 Income tax expense (benefit) 3,038 1,258 514 4,810 (102) 1,037 935 5,745 Income (loss) from continuing operations 9,484 4,215 1,824 15,523 (272) 3,161 2,889 18,412 Discontinued operations: Income from discontinued operations before income taxes — — — — 2,070 — 2,070 2,070 Income tax expense — — — — 473 — 473 473 Income from discontinued operations, net of tax — — — — 1,597 — 1,597 1,597 Net income $ 9,484 $ 4,215 $ 1,824 $ 15,523 $ 1,325 $ 3,161 $ 4,486 $ 20,009 Period-end assets $ 4,907,503 $ 750,266 $ 41,196 $ 5,698,965 $ 365,552 $ 123,117 $ 488,669 $ 6,187,634 Net interest margin from continuing operations 3.22 % 3.51 % NM 3.25 % NM NM NM 3.55 % Net-revenue concentration from continuing operations* 69 % 9 % 8 % 86 % 1 % 13 % 14 % 100 % 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 $ 675 $ 4,976 $ 5,651 $ 52,049 Provision for expected credit loss expense 5,857 (3) — 5,854 — (12) (12) 5,842 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 — — — 7,138 Total noninterest income 7,138 (21) 10,796 17,913 643 844 1,487 19,400 Total noninterest expense 36,415 1,875 2,832 41,122 1,481 1,175 2,656 43,778 Income (loss) from continuing operations before income tax expense 3,619 5,452 8,264 17,335 (163) 4,657 4,494 21,829 Income tax expense (benefit) 558 1,226 1,736 3,520 (40) 1,074 1,034 4,554 Income (loss) from continuing operations 3,061 4,226 6,528 13,815 (123) 3,583 3,460 17,275 Discontinued operations: Income from discontinued operations before income taxes — — — — 3,997 — 3,997 3,997 Income tax expense — — — — 883 — 883 883 Income from discontinued operations, net of tax — — — — 3,114 — 3,114 3,114 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 from continuing operations 3.22 % 3.41 % NM 3.25 % NM NM NM 3.57 % Net-revenue concentration from continuing operations* 64 % 10 % 16 % 90 % 2 % 8 % 10 % 100 % * Net revenue from continuing operations represents net interest income plus total noninterest income from continuing operations. Net-revenue concentration from continuing operations equals segment-level net revenue from continuing operations divided by total Company net revenue from continuing operations. Nine Months Ended September 30, 2021 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 $ 119,677 $ 19,387 $ 802 $ 139,866 $ 665 $ 14,794 $ 15,459 $ 155,325 Provision for expected credit loss expense (126) (530) — (656) — 5,037 5,037 4,381 Mortgage banking income — — 16,655 16,655 — — — 16,655 Program fees — — — — 2,374 7,930 10,304 10,304 Other noninterest income 22,862 43 140 23,045 (7) — (7) 23,038 Total noninterest income 22,862 43 16,795 39,700 2,367 7,930 10,297 49,997 Total noninterest expense 110,192 3,150 9,384 122,726 4,239 3,028 7,267 129,993 Income (loss) from continuing operations before income tax expense 32,473 16,810 8,213 57,496 (1,207) 14,659 13,452 70,948 Income tax expense (benefit) 6,718 3,919 1,807 12,444 (373) 3,637 3,264 15,708 Income (loss) from continuing operations 25,755 12,891 6,406 45,052 (834) 11,022 10,188 55,240 Discontinued operations: Income from discontinued operations before income taxes — — — — 19,584 — 19,584 19,584 Income tax expense — — — — 4,840 — 4,840 4,840 Income from discontinued operations, net of tax — — — — 14,744 — 14,744 14,744 Net income $ 25,755 $ 12,891 $ 6,406 $ 45,052 $ 13,910 $ 11,022 $ 24,932 $ 69,984 Period-end assets $ 4,907,503 $ 750,266 $ 41,196 $ 5,698,965 $ 365,552 $ 123,117 $ 488,669 $ 6,187,634 Net interest margin from continuing operations 3.21 % 3.47 % NM 3.24 % NM NM NM 3.46 % Net-revenue concentration from continuing operations* 70 % 9 % 9 % 88 % 1 % 11 % 12 % 100 % 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 $ 1,622 $ 17,655 $ 19,277 $ 156,333 Provision for expected credit loss expense 14,526 778 — 15,304 — 251 251 15,555 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 (15) — (15) 20,544 Total noninterest income 20,499 7 24,021 44,527 1,558 3,676 5,234 49,761 Total noninterest expense 109,750 3,489 7,517 120,756 5,360 2,972 8,332 129,088 Income (loss) from continuing operations before income tax expense 14,632 13,455 17,436 45,523 (2,180) 18,108 15,928 61,451 Income tax expense (benefit) 1,747 3,027 3,662 8,436 (517) 4,188 3,671 12,107 Income (loss) from continuing operations 12,885 10,428 13,774 37,087 (1,663) 13,920 12,257 49,344 Discontinued operations: Income from discontinued operations before income taxes — — — — 17,550 — 17,550 17,550 Income tax expense — — — — 4,004 — 4,004 4,004 Income from discontinued operations, net of tax — — — — 13,546 — 13,546 13,546 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 from continuing operations 3.41 % 3.07 % NM 3.37 % NM NM NM 3.69 % Net-revenue concentration from continuing operations* 67 % 9 % 12 % 88 % 2 % 10 % 12 % 100 % * Net revenue from continuing operations represents net interest income plus total noninterest income from continuing operations. Net-revenue concentration from continuing operations equals segment-level net revenue from continuing operations divided by total Company net revenue from continuing operations.

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	9 Months Ended
DISCONTINUED OPERATIONS (Tables)	Sep. 30, 2021
DISCONTINUED OPERATIONS
Summary income statement of discontinued operations	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2021 2020 2021 2020 INTEREST INCOME: Loans, including fees $ 76 $ 135 $ 14,815 $ 20,978 Funds transfer credit 51 70 313 1,543 Total interest income 127 205 15,128 22,521 INTEREST EXPENSE: Deposits — — — 527 Funds transfer cost 4 2 200 1,132 Total interest expense 4 2 200 1,659 NET INTEREST INCOME 123 203 14,928 20,862 Provision for expected credit loss expense (2,261) (4,342) 7,850 15,239 NET INTEREST INCOME AFTER PROVISION 2,384 4,545 7,078 5,623 NONINTEREST INCOME: Net refund transfer fees 1,280 1,152 19,922 19,888 Interchange fee income 63 37 232 178 Other 1 8 78 90 Total noninterest income 1,344 1,197 20,232 20,156 NONINTEREST EXPENSE: Salaries and employee benefits 1,043 1,460 4,268 4,208 Technology, equipment, and communication 86 131 260 461 Occupancy — — 1 7 Marketing and development 45 55 160 196 FDIC insurance expense — — 150 — Bank franchise tax expense 9 2 14 1,729 Legal and professional fees 303 8 1,382 173 Other 172 89 1,491 1,455 Total noninterest expense 1,658 1,745 7,726 8,229 INCOME FROM DISCONTINUED OPERATIONS BEFORE INCOME TAX EXPENSE 2,070 3,997 19,584 17,550 INCOME TAX EXPENSE 473 883 4,840 4,004 INCOME FROM DISCONTINUED OPERATIONS $ 1,597 $ 3,114 $ 14,744 $ 13,546

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - OPERATIONS (Details) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2021USD ($)itemsegment	Dec. 31, 2005USD ($)
Basis of Presentation
Number of reportable segments \| segment	5
Number of banking centers	42
Republic Bancorp Capital Trust \| Trust Preferred Securities
Basis of Presentation
Payments for repurchase of trust preferred securities \| $	$ 40
Value of trust preferred securities issued \| $		$ 40
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	7
Metropolitan Cincinnati, Ohio
Basis of Presentation
Number of banking centers	2
Metropolitan Nashville, Tennessee
Basis of Presentation
Number of banking centers	2
Core Banking Activities
Basis of Presentation
Number of reportable segments \| segment	3
Core Banking Activities \| Minimum
Basis of Presentation
Period of loan expected to remain in warehouse line	15 days
Core Banking Activities \| Maximum
Basis of Presentation
Period of loan expected to remain in warehouse line	30 days
Republic Processing Group
Basis of Presentation
Number of reportable segments \| segment	2

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - SEGMENTS (Details) - Republic Credit Solutions - item	1 Months Ended		9 Months Ended
	Jan. 31, 2021	Dec. 31, 2019	Sep. 30, 2021
Line of credit
Basis of Presentation
Number of service products			2
LOC 1
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%
Loan held-for-sale term			3 days
LOC II
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)	95.00%
Percentage of ownership maintained with each borrower	100.00%
Interest retained (as a percent)	5.00%
Loan held-for-sale term	3 days
Installment loan
Basis of Presentation
Term for intent to sell loans		16 days
Installment loan \| Minimum
Basis of Presentation
Loan held-for-sale term		12 months
Installment loan \| Maximum
Basis of Presentation
Loan held-for-sale term		60 months
Healthcare receivables
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)			100.00%
Number of third party relationship			2
Interest retained - Third party relationship one (as a percent)			100.00%
Interest retained - Third party relationship two (as a percent)			100.00%
Percentage of loan receivable held for sale - Third party relationship two (as a percent)			100.00%

INVESTMENT SECURITIES - AFS (De

INVESTMENT SECURITIES - AFS (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Available-for-Sale Debt Securities
Amortized Cost	$ 489,015	$ 512,518
Gross Unrealized Gains	7,899	11,383
Gross Unrealized Losses	(1,034)	(38)
Allowance for Credit Losses	0	0
Available-for-sale debt securities, Fair Value	495,880	523,863
U.S. Treasury securities and U.S. Government agencies
Available-for-Sale Debt Securities
Amortized Cost	234,980	245,204
Gross Unrealized Gains	747	1,730
Gross Unrealized Losses	(882)	(25)
Allowance for Credit Losses	0	0
Available-for-sale debt securities, Fair Value	234,845	246,909
Private label mortgage backed security
Available-for-Sale Debt Securities
Amortized Cost	1,468	1,707
Gross Unrealized Gains	1,312	1,250
Allowance for Credit Losses	0	0
Available-for-sale debt securities, Fair Value	2,780	2,957
Mortgage backed securities - residential
Available-for-Sale Debt Securities
Amortized Cost	204,869	203,786
Gross Unrealized Gains	5,059	7,419
Gross Unrealized Losses	(123)	(3)
Allowance for Credit Losses	0	0
Available-for-sale debt securities, Fair Value	209,805	211,202
Collateralized mortgage obligations
Available-for-Sale Debt Securities
Amortized Cost	34,027	48,190
Gross Unrealized Gains	521	772
Gross Unrealized Losses	(29)	(10)
Allowance for Credit Losses	0	0
Available-for-sale debt securities, Fair Value	34,519	48,952
Corporate bonds
Available-for-Sale Debt Securities
Amortized Cost	10,000	10,000
Gross Unrealized Gains	81	43
Allowance for Credit Losses	0	0
Available-for-sale debt securities, Fair Value	10,081	10,043
Trust Preferred Securities
Available-for-Sale Debt Securities
Amortized Cost	3,671	3,631
Gross Unrealized Gains	179	169
Allowance for Credit Losses	0	0
Available-for-sale debt securities, Fair Value	$ 3,850	$ 3,800

INVESTMENT SECURITIES - HTM (De

INVESTMENT SECURITIES - HTM (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Held-to-Maturity Debt Securities
Carrying Value	$ 45,045	$ 53,502
Gross Unrecognized Gains	545	688
Fair Value	45,590	54,190
Allowance for credit losses	(54)	(178)
Mortgage backed securities - residential
Held-to-Maturity Debt Securities
Carrying Value	47	99
Gross Unrecognized Gains		5
Fair Value	47	104
Collateralized mortgage obligations
Held-to-Maturity Debt Securities
Carrying Value	9,777	13,061
Gross Unrecognized Gains	150	176
Fair Value	9,927	13,237
Corporate bonds
Held-to-Maturity Debt Securities
Carrying Value	34,976	39,986
Gross Unrecognized Gains	390	499
Fair Value	35,366	40,485
Allowance for credit losses	(54)	(178)
Obligations of state and political subdivisions
Held-to-Maturity Debt Securities
Carrying Value	245	356
Gross Unrecognized Gains	5	8
Fair Value	$ 250	$ 364

INVESTMENT SECURITIES - AMORTIZ

INVESTMENT SECURITIES - AMORTIZED COST AND FV (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Securities available for Sale - Amortized Cost
Due in one year or less	$ 25,044
Due from one year to five years	179,937
Due from five years to ten years	40,000
Due beyond ten years	3,670
Amortized Cost	489,015	$ 512,518
Securities available for Sale - Fair Value
Due in one year or less	25,270
Due from one year to five years	179,803
Due from five years to ten years	39,853
Due beyond ten years	3,850
Total securities	495,880	523,863
Securities held to maturity - Carrying Value
Due in one year or less	121
Due from one year to five years	35,100
Total securities	45,045	53,502
Securities held to maturity - Fair Value
Due in one year or less	123
Due from one year to five years	35,493
Fair Value	45,590	54,190
Private label mortgage backed security
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	1,468
Amortized Cost	1,468	1,707
Securities available for Sale - Fair Value
Securities not due at a single maturity date	2,780
Total securities	2,780	2,957
Mortgage backed securities - residential
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	204,869
Amortized Cost	204,869	203,786
Securities available for Sale - Fair Value
Securities not due at a single maturity date	209,805
Total securities	209,805	211,202
Securities held to maturity - Carrying Value
Securities not due at a single maturity date	47
Total securities	47	99
Securities held to maturity - Fair Value
Securities not due at a single maturity date	47
Fair Value	47	104
Collateralized mortgage obligations
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	34,027
Amortized Cost	34,027	48,190
Securities available for Sale - Fair Value
Securities not due at a single maturity date	34,519
Total securities	34,519	48,952
Securities held to maturity - Carrying Value
Securities not due at a single maturity date	9,777
Total securities	9,777	13,061
Securities held to maturity - Fair Value
Securities not due at a single maturity date	9,927
Fair Value	$ 9,927	$ 13,237

INVESTMENT SECURITIES - INVESTM

INVESTMENT SECURITIES - INVESTMENT CATEGORY (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Available-for-sale debt securities
Less than 12 months Fair Value	$ 198,540	$ 63,827
Less than 12 months Unrealized Losses	(1,034)	(38)
Total Fair Value	198,540	63,827
Total Unrealized Losses	$ (1,034)	$ (38)
Number of securities held	170	173
Number of securities held in an unrealized loss position	30	19
Maximum percentage of holdings of securities of any one issuer, other than the U.S. Government and its agencies	10.00%	10.00%
U.S. Treasury securities and U.S. Government agencies
Available-for-sale debt securities
Less than 12 months Fair Value	$ 158,944	$ 59,971
Less than 12 months Unrealized Losses	(882)	(25)
Total Fair Value	158,944	59,971
Total Unrealized Losses	(882)	(25)
Mortgage backed securities - residential
Available-for-sale debt securities
Less than 12 months Fair Value	34,432	1,068
Less than 12 months Unrealized Losses	(123)	(3)
Total Fair Value	34,432	1,068
Total Unrealized Losses	(123)	(3)
Collateralized mortgage obligations
Available-for-sale debt securities
Less than 12 months Fair Value	5,164	2,788
Less than 12 months Unrealized Losses	(29)	(10)
Total Fair Value	5,164	2,788
Total Unrealized Losses	$ (29)	$ (10)

INVESTMENT SECURITIES - CORPORA

INVESTMENT SECURITIES - CORPORATE BONDS AND MORTGAGE BACKED SECURITIES (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Private label mortgage backed security
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Securities	$ 2,780,000
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	$ 152,000	$ 13,000

INVESTMENT SECURITIES - TRUST P

INVESTMENT SECURITIES - TRUST PREFERRED SECURITY (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2015
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Amount of floating rate purchased	$ 141,571	$ 278,878
Trust Preferred Securities
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 Securities
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, 2021	Dec. 31, 2020
Bank's private label mortgage backed security credit losses recognized in earnings
Number of securities held	170	173
Available-for-sale debt securities, at fair value (amortized cost of $489,015 in 2021 and $512,518 in 2020, allowance for credit losses of $0 in 2021 and $0 in 2020)	$ 495,880	$ 523,863
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 $489,015 in 2021 and $512,518 in 2020, allowance for credit losses of $0 in 2021 and $0 in 2020)	$ 2,780	$ 2,957

INVESTMENT SECURITIES - ACLS RO

INVESTMENT SECURITIES - ACLS ROLLFORWARD (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Debt Securities
Balance	$ 56,000	$ 273,000	$ 178,000
Provision	(2,000)	74,000	(124,000)	$ 296,000
Balance	54,000	347,000	54,000	347,000
Debt Securities, Held-to-maturity, Nonaccrual	0		0		$ 0
Debt Securities, Held To Maturity, Collateral Dependent	0		0		0
Other Assets.
Debt Securities
Accrued interest on AFS debt securities excluded from ACLS	1,000,000		1,000,000		1,000,000
Accrued interest on HTM debt securities excluded from ACLS	88,000		88,000		$ 110,000
Corporate bonds \| Available-for-Sale Securities
Debt Securities
Balance		126,000
Provision		(74,000)		52,000
Balance		52,000		52,000
Corporate bonds \| Held-to-Maturity Securities
Debt Securities
Balance	56,000	147,000	178,000
Provision	(2,000)	148,000	(124,000)	244,000
Balance	$ 54,000	$ 295,000	$ 54,000	295,000
ASU 2016-13 \| Cumulative Effect, Period of Adoption, Adjustment
Debt Securities
Balance				51,000
ASU 2016-13 \| Cumulative Effect, Period of Adoption, Adjustment \| Corporate bonds \| Held-to-Maturity Securities
Debt Securities
Balance				$ 51,000

INVESTMENT SECURITIES - PLEDGED

INVESTMENT SECURITIES - PLEDGED DEBT SECURITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
INVESTMENT SECURITIES
Carrying amount	$ 354,275	$ 303,535
Fair value	$ 354,341	$ 303,611

INVESTMENT SECURITIES - EQUITY

INVESTMENT SECURITIES - EQUITY SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Equity securities
Amortized Cost	$ 2,500		$ 2,500		$ 2,500
Gross Unrealized Gains			102		583
Gross Unrealized Losses			(24)
Fair Value	2,578		2,578		3,083
Gains (Losses) Recognized on Equity securities, Unrealized	(22)	$ 54	(505)	$ (118)
Gains (Losses) Recognized on Equity securities, Total	(22)	54	(505)	(118)
Freddie Mac preferred stock
Equity securities
Gross Unrealized Gains			102		560
Fair Value	102		102		560
Gains (Losses) Recognized on Equity securities, Unrealized	(13)	50	(458)	(178)
Gains (Losses) Recognized on Equity securities, Total	(13)	50	(458)	(178)
Mutual fund
Equity securities
Amortized Cost	2,500		2,500		2,500
Gross Unrealized Gains					23
Gross Unrealized Losses			(24)
Fair Value	2,476		2,476		$ 2,523
Gains (Losses) Recognized on Equity securities, Unrealized	(9)	4	(47)	60
Gains (Losses) Recognized on Equity securities, Total	$ (9)	$ 4	$ (47)	$ 60

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, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Consumer Loans Held For Sale At Fair Value [RollForward]
Balance, beginning of period	$ 13,020	$ 164	$ 3,298	$ 598
Origination of consumer loans held for sale	67,526	1,559	136,222	49,300
Proceeds from the sale of consumer loans held for sale	(71,427)	(1,321)	(132,330)	(50,872)
Net gain on sale of consumer loans held for sale	1,660	47	3,589	1,423
Balance, end of period	$ 10,779	$ 449	$ 10,779	$ 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
	Dec. 31, 2019	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Carried at lower of cost or fair value
Balance, beginning of period		$ 11,412	$ 12,801	$ 1,478	$ 11,646
Origination of consumer loans held for sale		189,492	107,518	424,840	342,388
Proceeds from the sale of consumer loans held for sale		(199,036)	(109,669)	(426,642)	(344,919)
Net gain on sale of consumer loans held for sale		2,108	793	4,300	2,328
Balance, end of period	$ 11,646	$ 3,976	$ 11,443	$ 3,976	$ 11,443
Republic Credit Solutions \| Line of credit and credit card \| Minimum
Loans held for sale
Percentage of loan receivable held for sale (as a percent)				90.00%
Republic Credit Solutions \| Line of credit and credit card \| Maximum
Loans held for sale
Percentage of loan receivable held for sale (as a percent)				95.00%
Republic Credit Solutions \| Healthcare receivables
Loans held for sale
Percentage of loan receivable held for sale (as a percent)				100.00%
Republic Credit Solutions \| Installment loan
Loans held for sale
Term for intent to sell loans	16 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 CREDI_3

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COMPOSITION OF LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Loans disclosures
Total loans	$ 4,343,782		$ 4,789,338
Allowance for credit losses	(63,024)	$ (60,291)	(61,067)	$ (59,891)	$ (55,097)	$ (43,351)
Loans, net	4,280,758		4,728,271
Core Banking Activities
Loans disclosures
Total loans	4,227,070		4,678,445
Allowance for credit losses	(51,364)	(51,462)	(52,106)	(51,229)	(45,752)	(29,999)
Traditional Banking
Loans disclosures
Total loans	3,476,388		3,715,649
Allowance for credit losses	(49,487)	(49,362)	(49,699)	(48,657)	(43,177)	(28,205)
Republic Processing Group
Loans disclosures
Total loans	116,712		110,893
Allowance for credit losses	(11,660)	(8,829)	(8,961)	(8,662)	(9,345)	(13,352)
Other TRS loans \| Republic Processing Group
Loans disclosures
Allowance for credit losses				(141)	(211)
Residential Real Estate \| Residential Real Estate - Owner Occupied
Loans disclosures
Total loans	827,898		879,800
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Traditional Banking
Loans disclosures
Total loans	827,898		879,800
Allowance for credit losses	(8,629)	(8,977)	(9,715)	(9,641)	(9,303)	(4,729)
Residential Real Estate \| Residential Real Estate - Non Owner Occupied
Loans disclosures
Total loans	294,818		264,780
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Traditional Banking
Loans disclosures
Total loans	294,818		264,780
Allowance for credit losses	(2,598)	(2,551)	(2,466)	(2,377)	(2,274)	(1,737)
Residential Real Estate \| Home equity
Loans disclosures
Total loans	215,282		240,640
Residential Real Estate \| Home equity \| Traditional Banking
Loans disclosures
Total loans	215,282		240,640
Allowance for credit losses	(4,247)	(4,305)	(4,990)	(5,124)	(5,124)	(2,721)
Commercial Real Estate
Loans disclosures
Total loans	1,393,241		1,349,085
Commercial Real Estate \| Traditional Banking
Loans disclosures
Total loans	1,393,241		1,349,085
Allowance for credit losses	(23,596)	(23,307)	(23,606)	(20,963)	(16,300)	(10,486)
Construction & land development
Loans disclosures
Total loans	105,968		98,674
Construction & land development \| Traditional Banking
Loans disclosures
Total loans	105,968		98,674
Allowance for credit losses	(3,675)	(3,299)	(3,274)	(4,599)	(4,940)	(2,152)
Commercial \| Commercial and Industrial
Loans disclosures
Total loans	333,795		325,596
Commercial \| Commercial and Industrial \| Traditional Banking
Loans disclosures
Total loans	333,795		325,596
Allowance for credit losses	(3,959)	(4,117)	(2,797)	(2,884)	(2,405)	(2,882)
Commercial \| Paycheck Protection Program
Loans disclosures
Total loans	126,271		392,319
Commercial \| Paycheck Protection Program \| Traditional Banking
Loans disclosures
Total loans	126,271		392,319
Loans, net	126,000
Lease Financing Receivables
Loans disclosures
Total loans	9,427		10,130
Lease Financing Receivables \| Traditional Banking
Loans disclosures
Total loans	9,427		10,130
Allowance for credit losses	(99)	(97)	(106)	(117)	(125)	(147)
Aircraft
Loans disclosures
Total loans	130,398		101,375
Aircraft \| Traditional Banking
Loans disclosures
Total loans	130,398		101,375
Allowance for credit losses	(326)	(303)	(253)	(219)	(208)	(176)
Consumer
Loans disclosures
Total loans	39,290		53,250
Consumer \| Credit cards \| Traditional Banking
Loans disclosures
Total loans	14,781		14,196
Allowance for credit losses	(951)	(949)	(929)	(942)	(928)	(1,020)
Consumer \| Overdrafts \| Traditional Banking
Loans disclosures
Total loans	753		587
Allowance for credit losses	(753)	(717)	(587)	(705)	(488)	(1,169)
Consumer \| Automobile loans \| Traditional Banking
Loans disclosures
Total loans	17,533		30,300
Allowance for credit losses	(226)	(273)	(399)	(406)	(473)	(612)
Consumer \| Other consumer \| Traditional Banking
Loans disclosures
Total loans	6,223		8,167
Allowance for credit losses	(428)	(467)	(577)	(680)	(609)	(374)
Warehouse lines of credit
Loans disclosures
Total loans	750,682		962,796
Warehouse lines of credit \| Core Banking Activities
Loans disclosures
Total loans	750,682		962,796
Warehouse lines of credit \| Warehouse Lending
Loans disclosures
Total loans	750,682
Allowance for credit losses	(1,877)	$ (2,100)	(2,407)	(2,572)	$ (2,575)	(1,794)
Tax Refund Solution
Loans disclosures
Total loans	1
Tax Refund Solution \| Other TRS loans \| Republic Processing Group
Loans disclosures
Total loans	1
Allowance for credit losses			(158)	(141)		(234)
Republic Credit Solution
Loans disclosures
Total loans	116,711		110,893
Republic Credit Solution \| Republic Processing Group
Loans disclosures
Total loans	116,711		110,893
Allowance for credit losses	$ (11,660)		$ (8,803)	$ (8,521)		$ (13,118)

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Contractually receivable	$ 4,348,535	$ 4,797,297
Unearned income	(598)	(708)
Unamortized premiums	121	216
Unaccreted discounts	(688)	(988)
PPP net unamortized deferred origination fees and costs	(3,986)	(8,564)
Other net unamortized deferred origination fees and costs	398	2,085
Carrying value of loans	$ 4,343,782	$ 4,789,338

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES - PAYCHECK PROTECTION PROGRAM (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net	$ 4,280,758	$ 4,728,271
Commercial \| Paycheck Protection Program \| Traditional Banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net	126,000
Originated balance	111,000	$ 19,000
Unaccreted lender fees	4,000
PPPLF
Accounts, Notes, Loans and Financing Receivable [Line Items]
Outstanding borrowings	$ 0

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RISK CATEGORY (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Risk category of rated loans
Current fiscal year	$ 995,289	$ 1,319,443
Year One	749,242	659,624
Year Two	471,135	362,461
Year Three	245,781	344,618
Prior	735,575	770,323
Revolving Loans Amortized Cost Basis	1,057,854	1,272,456
Revolving Loans Converted To Term Loans	88,906	60,413
Loans	4,343,782	4,789,338
Pass
Risk category of rated loans
Current fiscal year	967,484	1,294,478
Year One	740,996	623,234
Year Two	437,121	360,803
Year Three	233,114	329,823
Prior	689,200	732,111
Revolving Loans Amortized Cost Basis	1,054,864	1,269,098
Revolving Loans Converted To Term Loans	86,705	57,610
Loans	4,209,484	4,667,157
Special Mention
Risk category of rated loans
Current fiscal year	27,805	21,592
Year One	5,065	34,530
Year Two	33,038	278
Year Three	11,614	12,965
Prior	30,411	20,609
Revolving Loans Amortized Cost Basis	125	127
Loans	108,058	90,101
Substandard
Risk category of rated loans
Current fiscal year		3,373
Year One	3,181	1,860
Year Two	976	1,380
Year Three	1,053	1,830
Prior	15,964	17,603
Revolving Loans Amortized Cost Basis	2,865	3,231
Revolving Loans Converted To Term Loans	2,201	2,803
Loans	26,240	32,080
Core Banking Activities
Risk category of rated loans
Loans	4,227,070	4,678,445
Traditional Banking
Risk category of rated loans
Loans	3,476,388	3,715,649
Republic Processing Group
Risk category of rated loans
Loans	116,712	110,893
Residential Real Estate \| Residential Real Estate - Owner Occupied
Risk category of rated loans
Current fiscal year	170,898	268,707
Year One	230,001	133,805
Year Two	97,608	84,127
Year Three	57,360	69,654
Prior	272,031	323,507
Loans	827,898	879,800
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Pass
Risk category of rated loans
Current fiscal year	170,594	268,313
Year One	229,444	132,018
Year Two	96,923	82,754
Year Three	56,318	67,430
Prior	251,929	301,366
Loans	805,208	851,881
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Special Mention
Risk category of rated loans
Current fiscal year	304
Year One		364
Year Two		42
Year Three	36	1,610
Prior	8,509	8,730
Loans	8,849	10,746
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Substandard
Risk category of rated loans
Current fiscal year		394
Year One	557	1,423
Year Two	685	1,331
Year Three	1,006	614
Prior	11,593	13,411
Loans	13,841	17,173
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Traditional Banking
Risk category of rated loans
Loans	827,898	879,800
Residential Real Estate \| Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Current fiscal year	75,983	73,291
Year One	71,290	63,102
Year Two	50,082	43,610
Year Three	32,111	45,759
Prior	61,764	38,397
Revolving Loans Converted To Term Loans	3,588	621
Loans	294,818	264,780
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Pass
Risk category of rated loans
Current fiscal year	75,983	73,291
Year One	71,290	63,102
Year Two	50,082	43,610
Year Three	32,111	45,759
Prior	61,625	38,316
Revolving Loans Converted To Term Loans	3,588	621
Loans	294,679	264,699
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Special Mention
Risk category of rated loans
Prior	40
Loans	40
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Substandard
Risk category of rated loans
Prior	99	81
Loans	99	81
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Traditional Banking
Risk category of rated loans
Loans	294,818	264,780
Residential Real Estate \| Home equity
Risk category of rated loans
Revolving Loans Amortized Cost Basis	215,282	240,640
Loans	215,282	240,640
Residential Real Estate \| Home equity \| Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	213,297	237,633
Loans	213,297	237,633
Residential Real Estate \| Home equity \| Special Mention
Risk category of rated loans
Revolving Loans Amortized Cost Basis	125	127
Loans	125	127
Residential Real Estate \| Home equity \| Substandard
Risk category of rated loans
Revolving Loans Amortized Cost Basis	1,860	2,880
Loans	1,860	2,880
Residential Real Estate \| Home equity \| Traditional Banking
Risk category of rated loans
Loans	215,282	240,640
Commercial Real Estate
Risk category of rated loans
Current fiscal year	374,719	321,543
Year One	276,678	289,569
Year Two	209,191	166,778
Year Three	115,835	183,549
Prior	335,612	328,894
Revolving Loans Converted To Term Loans	81,206	58,752
Loans	1,393,241	1,349,085
Commercial Real Estate \| Pass
Risk category of rated loans
Current fiscal year	362,616	315,550
Year One	271,691	258,251
Year Two	179,046	166,542
Year Three	104,300	171,207
Prior	311,904	315,336
Revolving Loans Converted To Term Loans	79,005	55,949
Loans	1,308,562	1,282,835
Commercial Real Estate \| Special Mention
Risk category of rated loans
Current fiscal year	12,103	3,397
Year One	2,411	30,969
Year Two	29,879	236
Year Three	11,535	11,355
Prior	19,767	9,659
Loans	75,695	55,616
Commercial Real Estate \| Substandard
Risk category of rated loans
Current fiscal year		2,596
Year One	2,576	349
Year Two	266
Year Three		987
Prior	3,941	3,899
Revolving Loans Converted To Term Loans	2,201	2,803
Loans	8,984	10,634
Commercial Real Estate \| Traditional Banking
Risk category of rated loans
Loans	1,393,241	1,349,085
Construction & land development
Risk category of rated loans
Current fiscal year	59,659	53,972
Year One	37,446	34,197
Year Two	6,743	7,840
Year Three	1,527	701
Prior	593	1,964
Loans	105,968	98,674
Construction & land development \| Pass
Risk category of rated loans
Current fiscal year	59,659	53,972
Year One	37,136	31,756
Year Two	4,384	7,840
Year Three	1,527	701
Prior	593	1,964
Loans	103,299	96,233
Construction & land development \| Special Mention
Risk category of rated loans
Year One	310	2,397
Year Two	2,359
Loans	2,669	2,397
Construction & land development \| Substandard
Risk category of rated loans
Year One		44
Loans		44
Construction & land development \| Traditional Banking
Risk category of rated loans
Loans	105,968	98,674
Commercial \| Commercial and Industrial
Risk category of rated loans
Current fiscal year	132,525	124,563
Year One	57,746	85,387
Year Two	67,618	33,391
Year Three	21,305	32,303
Prior	50,489	48,912
Revolving Loans Converted To Term Loans	4,112	1,040
Loans	333,795	325,596
Commercial \| Commercial and Industrial \| Pass
Risk category of rated loans
Current fiscal year	117,127	105,985
Year One	55,354	84,575
Year Two	66,818	33,391
Year Three	21,262	32,303
Prior	48,361	46,697
Revolving Loans Converted To Term Loans	4,112	1,040
Loans	313,034	303,991
Commercial \| Commercial and Industrial \| Special Mention
Risk category of rated loans
Current fiscal year	15,398	18,195
Year One	2,344	800
Year Two	800
Year Three	43
Prior	2,095	2,215
Loans	20,680	21,210
Commercial \| Commercial and Industrial \| Substandard
Risk category of rated loans
Current fiscal year		383
Year One	48	12
Prior	33
Loans	81	395
Commercial \| Commercial and Industrial \| Traditional Banking
Risk category of rated loans
Loans	333,795	325,596
Commercial \| Paycheck Protection Program
Risk category of rated loans
Current fiscal year	107,498	392,319
Year One	18,773
Loans	126,271	392,319
Commercial \| Paycheck Protection Program \| Pass
Risk category of rated loans
Current fiscal year	107,498	392,319
Year One	18,773
Loans	126,271	392,319
Commercial \| Paycheck Protection Program \| Traditional Banking
Risk category of rated loans
Loans	126,271	392,319
Aircraft
Risk category of rated loans
Current fiscal year	47,983	55,823
Year One	46,405	30,529
Year Two	24,134	13,804
Year Three	10,049	1,219
Prior	1,827
Loans	130,398	101,375
Aircraft \| Pass
Risk category of rated loans
Current fiscal year	47,983	55,823
Year One	46,405	30,529
Year Two	24,134	13,804
Year Three	10,049	1,219
Prior	1,827
Loans	130,398	101,375
Aircraft \| Traditional Banking
Risk category of rated loans
Loans	130,398	101,375
Lease Financing Receivables
Risk category of rated loans
Current fiscal year	2,068	1,117
Year One	903	3,663
Year Two	2,896	1,814
Year Three	1,406	2,847
Prior	2,154	689
Loans	9,427	10,130
Lease Financing Receivables \| Pass
Risk category of rated loans
Current fiscal year	2,068	1,117
Year One	903	3,663
Year Two	2,896	1,814
Year Three	1,406	2,847
Prior	2,154	689
Loans	9,427	10,130
Lease Financing Receivables \| Traditional Banking
Risk category of rated loans
Loans	9,427	10,130
Consumer
Risk category of rated loans
Current fiscal year	844	425
Year One	725	13,668
Year Two	10,476	8,612
Year Three	5,203	7,354
Prior	7,162	8,865
Revolving Loans Amortized Cost Basis	14,880	14,326
Loans	39,290	53,250
Consumer \| Pass
Risk category of rated loans
Current fiscal year	844	425
Year One	725	13,636
Year Two	10,451	8,563
Year Three	5,156	7,125
Prior	6,864	8,648
Revolving Loans Amortized Cost Basis	14,880	14,321
Loans	38,920	52,718
Consumer \| Special Mention
Risk category of rated loans
Prior		5
Loans		5
Consumer \| Substandard
Risk category of rated loans
Year One		32
Year Two	25	49
Year Three	47	229
Prior	298	212
Revolving Loans Amortized Cost Basis		5
Loans	370	527
Consumer \| Credit cards \| Traditional Banking
Risk category of rated loans
Loans	14,781	14,196
Consumer \| Overdrafts \| Traditional Banking
Risk category of rated loans
Loans	753	587
Consumer \| Automobile loans \| Traditional Banking
Risk category of rated loans
Loans	17,533	30,300
Consumer \| Other consumer \| Traditional Banking
Risk category of rated loans
Loans	6,223	8,167
Warehouse lines of credit
Risk category of rated loans
Revolving Loans Amortized Cost Basis	750,682	962,796
Loans	750,682	962,796
Warehouse lines of credit \| Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	750,682	962,796
Loans	750,682	962,796
Warehouse lines of credit \| Core Banking Activities
Risk category of rated loans
Loans	750,682	962,796
Warehouse lines of credit \| Warehouse Lending
Risk category of rated loans
Loans	750,682
Tax Refund Solution
Risk category of rated loans
Revolving Loans Amortized Cost Basis	1
Loans	1
Tax Refund Solution \| Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	1
Loans	1
Tax Refund Solution \| Other TRS loans \| Republic Processing Group
Risk category of rated loans
Loans	1
Republic Credit Solution
Risk category of rated loans
Current fiscal year	23,112	27,683
Year One	9,275	5,704
Year Two	2,387	2,485
Year Three	985	1,232
Prior	3,943	19,095
Revolving Loans Amortized Cost Basis	77,009	54,694
Loans	116,711	110,893
Republic Credit Solution \| Pass
Risk category of rated loans
Current fiscal year	23,112	27,683
Year One	9,275	5,704
Year Two	2,387	2,485
Year Three	985	1,232
Prior	3,943	19,095
Revolving Loans Amortized Cost Basis	76,004	54,348
Loans	115,706	110,547
Republic Credit Solution \| Substandard
Risk category of rated loans
Revolving Loans Amortized Cost Basis	1,005	346
Loans	1,005	346
Republic Credit Solution \| Republic Processing Group
Risk category of rated loans
Loans	$ 116,711	$ 110,893

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES - ALLOWANCE ACTIVITY (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Allowance for loan losses rollforward
Beginning Balance	$ 60,291	$ 55,097	$ 61,067	$ 43,351
Provision	1,294	1,426	12,355	30,498
Charge-offs	(1,378)	(1,215)	(13,846)	(26,801)
Recoveries	2,817	4,583	3,448	6,109
Ending Balance	63,024	59,891	63,024	59,891
Core Banking Activities
Allowance for loan losses rollforward
Beginning Balance	51,462	45,752	52,106	29,999
Provision	(265)	5,780	(532)	15,008
Charge-offs	(314)	(509)	(1,112)	(1,731)
Recoveries	481	206	902	1,219
Ending Balance	51,364	51,229	51,364	51,229
Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	49,362	43,177	49,699	28,205
Provision	(42)	5,783	(2)	14,230
Charge-offs	(314)	(509)	(1,112)	(1,731)
Recoveries	481	206	902	1,219
Ending Balance	49,487	48,657	49,487	48,657
Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	8,829	9,345	8,961	13,352
Provision	1,559	(4,354)	12,887	15,490
Charge-offs	(1,064)	(706)	(12,734)	(25,070)
Recoveries	2,336	4,377	2,546	4,890
Ending Balance	11,660	8,662	11,660	8,662
Easy Advances \| Republic Processing Group
Allowance for loan losses rollforward
Provision	(2,242)	(4,294)
Recoveries	2,242	4,294
Other TRS loans \| Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance		211
Provision	(19)	(48)
Charge-offs		(22)
Recoveries	19
Ending Balance		141		141
Republic Credit Solutions \| Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	8,829	9,134
Provision	3,820	(12)
Charge-offs	(1,064)	(684)
Recoveries	75	83
Ending Balance	11,660	8,521	11,660	8,521
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	8,977	9,303	9,715	4,729
Provision	(677)	330	(1,461)	648
Charge-offs		(13)		(40)
Recoveries	329	21	375	105
Ending Balance	8,629	9,641	8,629	9,641
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	2,551	2,274	2,466	1,737
Provision	47	96	131	481
Recoveries		7	1	11
Ending Balance	2,598	2,377	2,598	2,377
Residential Real Estate \| Home equity \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	4,305	5,124	4,990	2,721
Provision	(63)	(7)	(789)	657
Charge-offs		(14)		(14)
Recoveries	5	21	46	108
Ending Balance	4,247	5,124	4,247	5,124
Commercial Real Estate \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	23,307	16,300	23,606	10,486
Provision	286	4,663	336	10,002
Charge-offs			(428)	(270)
Recoveries	3		82	472
Ending Balance	23,596	20,963	23,596	20,963
Construction & land development \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	3,299	4,940	3,274	2,152
Provision	376	(341)	401	1,000
Ending Balance	3,675	4,599	3,675	4,599
Commercial \| Commercial and Industrial \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	4,117	2,405	2,797	2,882
Provision	(139)	654	1,170	1,643
Charge-offs	(35)	(255)	(35)	(447)
Recoveries	16	80	27	124
Ending Balance	3,959	2,884	3,959	2,884
Lease Financing Receivables \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	97	125	106	147
Provision	2	(8)	(7)	(30)
Ending Balance	99	117	99	117
Aircraft \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	303	208	253	176
Provision	23	11	73	43
Ending Balance	326	219	326	219
Consumer \| Credit cards \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	949	928	929	1,020
Provision	22	36	108	74
Charge-offs	(40)	(29)	(130)	(206)
Recoveries	20	7	44	21
Ending Balance	951	942	951	942
Consumer \| Overdrafts \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	717	488	587	1,169
Provision	143	324	351	13
Charge-offs	(195)	(157)	(444)	(660)
Recoveries	88	50	259	183
Ending Balance	753	705	753	705
Consumer \| Automobile loans \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	273	473	399	612
Provision	(34)	(67)	(178)	(220)
Charge-offs	(19)		(19)	(8)
Recoveries	6		24	29
Ending Balance	226	406	226	406
Consumer \| Other consumer \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	467	609	577	374
Provision	(28)	92	(137)	(81)
Charge-offs	(25)	(41)	(56)	(86)
Recoveries	14	20	44	166
Ending Balance	428	680	428	680
Warehouse lines of credit \| Warehouse Lending
Allowance for loan losses rollforward
Beginning Balance	2,100	2,575	2,407	1,794
Provision	(223)	(3)	(530)	778
Ending Balance	1,877	2,572	1,877	2,572
Tax Refund Solution \| Easy Advances \| Republic Processing Group
Allowance for loan losses rollforward
Provision			7,984	15,239
Charge-offs			(10,256)	(19,575)
Recoveries			2,272	4,336
Tax Refund Solution \| Other TRS loans \| Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance			158	234
Provision			(134)
Charge-offs			(51)	(94)
Recoveries			27	1
Ending Balance		141		141
Republic Credit Solution \| Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance			8,803	13,118
Provision			5,037	251
Charge-offs			(2,427)	(5,401)
Recoveries			247	553
Ending Balance	$ 11,660	$ 8,521	$ 11,660	8,521
ASU 2016-13 \| Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses rollforward
Beginning Balance				6,734
ASU 2016-13 \| Core Banking Activities \| 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 \| 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 \| 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 loans \| 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_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NON-PERFORMING LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 20,252	$ 23,548
Loans past due 90 days or more and still on accrual	691	47
Total nonperforming loans	20,943	23,595
Other real estate owned	1,845	2,499
Total nonperforming assets	$ 22,788	$ 26,094
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.48%	0.49%
Nonperforming assets to total loans (including OREO) (as percent)	0.52%	0.54%
Nonperforming assets to total assets (as percent)	0.37%	0.42%
Core Banking Activities
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 20,252	$ 23,548
Loans past due 90 days or more and still on accrual		$ 5
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.48%	0.50%
Nonperforming assets to total loans (including OREO) (as percent)	0.52%	0.56%
Nonperforming assets to total assets (as percent)	0.39%	0.45%

LOANS AND ALLOWANCE FOR CREDI_9

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NONACCRUAL (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)item	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Aging or recorded investments in loans
Nonaccrual with ACLL	$ 6,349		$ 6,349		$ 2,739
Nonaccrual with no ACLL	13,903		13,903		20,809
Nonaccrual	20,252		20,252		23,548
Financing Receivable, 90 Days or More Past Due, Still Accruing	691		691		47
Interest Income Recognized on Nonaccrual Loans	266	$ 317	$ 933	$ 1,622
Number of consecutive months payments received before non-accrual loans returned to accrual status (in months) \| item			6
Core Banking Activities
Aging or recorded investments in loans
Nonaccrual	20,252		$ 20,252		23,548
Financing Receivable, 90 Days or More Past Due, Still Accruing					5
Traditional Banking
Aging or recorded investments in loans
Nonaccrual	20,252		20,252		23,548
Financing Receivable, 90 Days or More Past Due, Still Accruing					5
Republic Processing Group
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	691		691		42
Residential Real Estate \| Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	2,041		2,041		1,995
Nonaccrual with no ACLL	9,667		9,667		12,333
Nonaccrual	11,708		11,708		14,328
Interest Income Recognized on Nonaccrual Loans	225	252	672	649
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	11,708		11,708		14,328
Residential Real Estate \| Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	33		33		8
Nonaccrual with no ACLL	66		66		73
Nonaccrual	99		99		81
Interest Income Recognized on Nonaccrual Loans	2	2	5	6
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	99		99		81
Residential Real Estate \| Home equity
Aging or recorded investments in loans
Nonaccrual with ACLL	63		63		91
Nonaccrual with no ACLL	1,594		1,594		2,050
Nonaccrual	1,657		1,657		2,141
Interest Income Recognized on Nonaccrual Loans	19	29	121	81
Residential Real Estate \| Home equity \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	1,657		1,657		2,141
Commercial Real Estate
Aging or recorded investments in loans
Nonaccrual with ACLL	4,153		4,153		576
Nonaccrual with no ACLL	2,454		2,454		6,186
Nonaccrual	6,607		6,607		6,762
Interest Income Recognized on Nonaccrual Loans	16	17	125	854
Commercial Real Estate \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	6,607		6,607		6,762
Construction & land development
Aging or recorded investments in loans
Interest Income Recognized on Nonaccrual Loans		7		7
Commercial \| Commercial and Industrial
Aging or recorded investments in loans
Nonaccrual with ACLL	45		45
Nonaccrual with no ACLL	48		48		55
Nonaccrual	93		93		55
Interest Income Recognized on Nonaccrual Loans		7	2	16
Commercial \| Commercial and Industrial \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	93		93		55
Consumer
Aging or recorded investments in loans
Nonaccrual with ACLL	14		14		69
Nonaccrual with no ACLL	74		74		112
Nonaccrual	88		88		181
Interest Income Recognized on Nonaccrual Loans	4	$ 3	8	$ 9
Consumer \| Credit cards \| Traditional Banking
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing					5
Consumer \| Automobile loans \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	84		84		170
Consumer \| Other consumer \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	4		4		11
Republic Credit Solution \| Republic Processing Group
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	$ 691		$ 691		$ 42

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES - DELINQUENT LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Aging or recorded investments in loans
Carrying value of loans	$ 4,343,782	$ 4,789,338
30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	$ 7,956	$ 7,924
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.18%	0.17%
60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	$ 2,512	$ 4,690
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.06%	0.10%
90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	$ 6,925	$ 7,333
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.16%	0.15%
Past Due
Aging or recorded investments in loans
Carrying value of loans	$ 17,393	$ 19,947
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.40%	0.42%
Current
Aging or recorded investments in loans
Carrying value of loans	$ 4,326,389	$ 4,769,391
Residential Real Estate \| Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	827,898	879,800
Residential Real Estate \| Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	294,818	264,780
Residential Real Estate \| Home equity
Aging or recorded investments in loans
Carrying value of loans	215,282	240,640
Commercial Real Estate
Aging or recorded investments in loans
Carrying value of loans	1,393,241	1,349,085
Construction & land development
Aging or recorded investments in loans
Carrying value of loans	105,968	98,674
Commercial \| Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	333,795	325,596
Commercial \| Paycheck Protection Program
Aging or recorded investments in loans
Carrying value of loans	126,271	392,319
Lease Financing Receivables
Aging or recorded investments in loans
Carrying value of loans	9,427	10,130
Aircraft
Aging or recorded investments in loans
Carrying value of loans	130,398	101,375
Consumer
Aging or recorded investments in loans
Carrying value of loans	39,290	53,250
Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	750,682	962,796
Tax Refund Solution
Aging or recorded investments in loans
Carrying value of loans	1
Republic Credit Solution
Aging or recorded investments in loans
Carrying value of loans	116,711	110,893
Core Banking Activities
Aging or recorded investments in loans
Carrying value of loans	4,227,070	4,678,445
Core Banking Activities \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,128	1,352
Core Banking Activities \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	330	1,070
Core Banking Activities \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	6,234	7,291
Core Banking Activities \| Past Due
Aging or recorded investments in loans
Carrying value of loans	7,692	9,713
Core Banking Activities \| Current
Aging or recorded investments in loans
Carrying value of loans	4,219,378	4,668,732
Core Banking Activities \| Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	750,682	962,796
Core Banking Activities \| Warehouse lines of credit \| Current
Aging or recorded investments in loans
Carrying value of loans		962,796
Traditional Banking
Aging or recorded investments in loans
Carrying value of loans	3,476,388	3,715,649
Traditional Banking \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,128	1,352
Traditional Banking \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	330	1,070
Traditional Banking \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	6,234	7,291
Traditional Banking \| Past Due
Aging or recorded investments in loans
Carrying value of loans	7,692	9,713
Traditional Banking \| Current
Aging or recorded investments in loans
Carrying value of loans	3,468,696	3,705,936
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	827,898	879,800
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	896	1,038
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	315	668
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	917	1,554
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| Past Due
Aging or recorded investments in loans
Carrying value of loans	2,128	3,260
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| Current
Aging or recorded investments in loans
Carrying value of loans	825,770	876,540
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	294,818	264,780
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Current
Aging or recorded investments in loans
Carrying value of loans	294,818	264,780
Traditional Banking \| Residential Real Estate \| Home equity
Aging or recorded investments in loans
Carrying value of loans	215,282	240,640
Traditional Banking \| Residential Real Estate \| Home equity \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	50	93
Traditional Banking \| Residential Real Estate \| Home equity \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans		14
Traditional Banking \| Residential Real Estate \| Home equity \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	209	595
Traditional Banking \| Residential Real Estate \| Home equity \| Past Due
Aging or recorded investments in loans
Carrying value of loans	259	702
Traditional Banking \| Residential Real Estate \| Home equity \| Current
Aging or recorded investments in loans
Carrying value of loans	215,023	239,938
Traditional Banking \| Commercial Real Estate
Aging or recorded investments in loans
Carrying value of loans	1,393,241	1,349,085
Traditional Banking \| Commercial Real Estate \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans		348
Traditional Banking \| Commercial Real Estate \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	5,037	5,109
Traditional Banking \| Commercial Real Estate \| Past Due
Aging or recorded investments in loans
Carrying value of loans	5,037	5,457
Traditional Banking \| Commercial Real Estate \| Current
Aging or recorded investments in loans
Carrying value of loans	1,388,204	1,343,628
Traditional Banking \| Construction & land development
Aging or recorded investments in loans
Carrying value of loans	105,968	98,674
Traditional Banking \| Construction & land development \| Current
Aging or recorded investments in loans
Carrying value of loans	105,968	98,674
Traditional Banking \| Commercial \| Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	333,795	325,596
Traditional Banking \| Commercial \| Commercial and Industrial \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	8
Traditional Banking \| Commercial \| Commercial and Industrial \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	58	12
Traditional Banking \| Commercial \| Commercial and Industrial \| Past Due
Aging or recorded investments in loans
Carrying value of loans	66	12
Traditional Banking \| Commercial \| Commercial and Industrial \| Current
Aging or recorded investments in loans
Carrying value of loans	333,729	325,584
Traditional Banking \| Commercial \| Paycheck Protection Program
Aging or recorded investments in loans
Carrying value of loans	126,271	392,319
Traditional Banking \| Commercial \| Paycheck Protection Program \| Current
Aging or recorded investments in loans
Carrying value of loans	126,271	392,319
Traditional Banking \| Lease Financing Receivables
Aging or recorded investments in loans
Carrying value of loans	9,427	10,130
Traditional Banking \| Lease Financing Receivables \| Current
Aging or recorded investments in loans
Carrying value of loans	9,427	10,130
Traditional Banking \| Aircraft
Aging or recorded investments in loans
Carrying value of loans	130,398	101,375
Traditional Banking \| Aircraft \| Current
Aging or recorded investments in loans
Carrying value of loans	130,398	101,375
Traditional Banking \| Consumer \| Credit cards
Aging or recorded investments in loans
Carrying value of loans	14,781	14,196
Traditional Banking \| Consumer \| Credit cards \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	36	33
Traditional Banking \| Consumer \| Credit cards \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	9	35
Traditional Banking \| Consumer \| Credit cards \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans		5
Traditional Banking \| Consumer \| Credit cards \| Past Due
Aging or recorded investments in loans
Carrying value of loans	45	73
Traditional Banking \| Consumer \| Credit cards \| Current
Aging or recorded investments in loans
Carrying value of loans	14,736	14,123
Traditional Banking \| Consumer \| Overdrafts
Aging or recorded investments in loans
Carrying value of loans	753	587
Traditional Banking \| Consumer \| Overdrafts \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	137	140
Traditional Banking \| Consumer \| Overdrafts \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	6	5
Traditional Banking \| Consumer \| Overdrafts \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2	2
Traditional Banking \| Consumer \| Overdrafts \| Past Due
Aging or recorded investments in loans
Carrying value of loans	145	147
Traditional Banking \| Consumer \| Overdrafts \| Current
Aging or recorded investments in loans
Carrying value of loans	608	440
Traditional Banking \| Consumer \| Automobile loans
Aging or recorded investments in loans
Carrying value of loans	17,533	30,300
Traditional Banking \| Consumer \| Automobile loans \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans		42
Traditional Banking \| Consumer \| Automobile loans \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	11	14
Traditional Banking \| Consumer \| Automobile loans \| Past Due
Aging or recorded investments in loans
Carrying value of loans	11	56
Traditional Banking \| Consumer \| Automobile loans \| Current
Aging or recorded investments in loans
Carrying value of loans	17,522	30,244
Traditional Banking \| Consumer \| Other consumer
Aging or recorded investments in loans
Carrying value of loans	6,223	8,167
Traditional Banking \| Consumer \| Other consumer \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1	6
Traditional Banking \| Consumer \| Other consumer \| Past Due
Aging or recorded investments in loans
Carrying value of loans	1	6
Traditional Banking \| Consumer \| Other consumer \| Current
Aging or recorded investments in loans
Carrying value of loans	6,222	8,161
Warehouse Lending \| Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	750,682
Warehouse Lending \| Warehouse lines of credit \| Current
Aging or recorded investments in loans
Carrying value of loans	750,682
Republic Processing Group
Aging or recorded investments in loans
Carrying value of loans	116,712	110,893
Republic Processing Group \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	6,828	6,572
Republic Processing Group \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2,182	3,620
Republic Processing Group \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	691	42
Republic Processing Group \| Past Due
Aging or recorded investments in loans
Carrying value of loans	9,701	10,234
Republic Processing Group \| Current
Aging or recorded investments in loans
Carrying value of loans	107,011	100,659
Republic Processing Group \| Tax Refund Solution \| Other TRS loans
Aging or recorded investments in loans
Carrying value of loans	1
Republic Processing Group \| Tax Refund Solution \| Other TRS loans \| Current
Aging or recorded investments in loans
Carrying value of loans	1
Republic Processing Group \| Republic Credit Solution
Aging or recorded investments in loans
Carrying value of loans	116,711	110,893
Republic Processing Group \| Republic Credit Solution \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	6,828	6,572
Republic Processing Group \| Republic Credit Solution \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2,182	3,620
Republic Processing Group \| Republic Credit Solution \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	691	42
Republic Processing Group \| Republic Credit Solution \| Past Due
Aging or recorded investments in loans
Carrying value of loans	9,701	10,234
Republic Processing Group \| Republic Credit Solution \| Current
Aging or recorded investments in loans
Carrying value of loans	$ 107,010	$ 100,659

LOANS AND ALLOWANCE FOR CRED_11

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COLLATERAL DEPENDENT LOANS (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
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	$ 24,589	$ 30,397
Traditional Banking \| Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	416	249
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	13,645	17,212
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	99	81
Traditional Banking \| Residential Real Estate \| Home equity \| Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	1,860	2,899
Traditional Banking \| Commercial Real Estate \| Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	8,985	10,205
Traditional Banking \| Commercial \| Commercial and Industrial \| Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	47	12
Traditional Banking \| Consumer \| Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	$ 369	$ 237

LOANS AND ALLOWANCE FOR CRED_12

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR ACCRUAL STATUS (Details) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021USD ($)loan	Dec. 31, 2020USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans \| loan	2,470	2,388
Recorded Investment \| $	$ 16,451	$ 20,778
Loans on non-accrual status
Troubled Debt Restructurings disclosures
Minimum period for which TDRs continue to be reported as non-performing loans	6 months
Number of Loans \| loan	67	64
Recorded Investment \| $	$ 6,328	$ 6,712
Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan	2,403	2,324
Recorded Investment \| $	$ 10,123	$ 14,066
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans \| loan	158	184
Recorded Investment \| $	$ 12,029	$ 15,230
Residential Real Estate \| Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans \| loan	64	61
Recorded Investment \| $	$ 3,736	$ 4,189
Residential Real Estate \| Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan	94	123
Recorded Investment \| $	$ 8,293	$ 11,041
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans \| loan	4	7
Recorded Investment \| $	$ 3,842	$ 4,904
Commercial Real Estate \| Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans \| loan	2	2
Recorded Investment \| $	$ 2,580	$ 2,509
Commercial Real Estate \| Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan	2	5
Recorded Investment \| $	$ 1,262	$ 2,395
Construction & land development
Troubled Debt Restructurings disclosures
Number of Loans \| loan		1
Recorded Investment \| $		$ 44
Construction & land development \| Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan		1
Recorded Investment \| $		$ 44
Commercial \| Commercial and Industrial
Troubled Debt Restructurings disclosures
Number of Loans \| loan	1	1
Recorded Investment \| $	$ 1	$ 1
Commercial \| Commercial and Industrial \| Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan	1	1
Recorded Investment \| $	$ 1	$ 1
Consumer
Troubled Debt Restructurings disclosures
Number of Loans \| loan	2,307	2,195
Recorded Investment \| $	$ 579	$ 599
Consumer \| Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans \| loan	1	1
Recorded Investment \| $	$ 12	$ 14
Consumer \| Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan	2,306	2,194
Recorded Investment \| $	$ 567	$ 585

LOANS AND ALLOWANCE FOR CRED_13

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR MODIFICATIONS (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan	Dec. 31, 2020USD ($)loan
Troubled Debt Restructurings disclosures
Period of time loans are not past due in which TDR loans are performing			30 days
Number of Loans \| loan			2,470		2,388
Recorded Investment			$ 16,451,000		$ 20,778,000
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	128	230	569	1,510
Recorded Investment	$ 169,000	$ 274,000	$ 901,000	$ 834,000
Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,457		2,371
Recorded Investment			$ 13,286,000		$ 17,317,000
Percentage of troubled debt restructurings performing as per terms of modifications	81.00%		81.00%		83.00%
Specific reserve allocations made to customers	$ 2,000,000		$ 2,000,000		$ 1,000,000
Percentage of Bank's TDRs that occurred during period, which were performing according to their modified terms	92.00%	91.00%	50.00%	84.00%
Specific ACLL allocations made to customers whose loan terms were modified in TDRs during period	$ 6,000	$ 29,000	$ 38,000	$ 121,000
Performing Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	127	228	563	1,507
Recorded Investment	$ 155,000	$ 250,000	$ 453,000	$ 702,000
Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			13		17
Recorded Investment			$ 3,165,000		$ 3,461,000
Nonperforming Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	1	2	6	3
Recorded Investment	$ 14,000	$ 24,000	$ 448,000	$ 132,000
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans \| loan			158		184
Recorded Investment			$ 12,029,000		$ 15,230,000
Residential Real Estate \| Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans \| loan					1
Recorded Investment					$ 826,000
Residential Real Estate \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			90		107
Recorded Investment			$ 8,087,000		$ 9,896,000
Residential Real Estate \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			8		11
Recorded Investment			$ 765,000		$ 1,024,000
Residential Real Estate \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan			60		65
Recorded Investment			$ 3,177,000		$ 3,484,000
Residential Real Estate \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	4	8	12	16
Recorded Investment	$ 156,000	$ 230,000	$ 826,000	$ 615,000
Residential Real Estate \| Modified During The Period \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan				3
Recorded Investment				$ 58,000
Residential Real Estate \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan		3	1
Recorded Investment		$ 58,000	$ 160,000
Residential Real Estate \| Modified During The Period \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan	4	5	11	13
Recorded Investment	$ 156,000	$ 172,000	$ 666,000	$ 557,000
Residential Real Estate \| Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			146		169
Recorded Investment			$ 11,327,000		$ 14,278,000
Residential Real Estate \| Performing Financing Receivable \| Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans \| loan					1
Recorded Investment					$ 826,000
Residential Real Estate \| Performing Financing Receivable \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			88		101
Recorded Investment			$ 7,964,000		$ 9,526,000
Residential Real Estate \| Performing Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			7		9
Recorded Investment			$ 605,000		$ 858,000
Residential Real Estate \| Performing Financing Receivable \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan			51		58
Recorded Investment			$ 2,758,000		$ 3,068,000
Residential Real Estate \| Performing Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	3	6	6	13
Recorded Investment	$ 142,000	$ 206,000	$ 378,000	$ 483,000
Residential Real Estate \| Performing Financing Receivable \| Modified During The Period \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan				2
Recorded Investment				$ 54,000
Residential Real Estate \| Performing Financing Receivable \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan		2
Recorded Investment		$ 54,000
Residential Real Estate \| Performing Financing Receivable \| Modified During The Period \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan	3	4	6	11
Recorded Investment	$ 142,000	$ 152,000	$ 378,000	$ 429,000
Residential Real Estate \| Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			12		15
Recorded Investment			$ 702,000		$ 952,000
Residential Real Estate \| Nonperforming Financing Receivable \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2		6
Recorded Investment			$ 123,000		$ 370,000
Residential Real Estate \| Nonperforming Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1		2
Recorded Investment			$ 160,000		$ 166,000
Residential Real Estate \| Nonperforming Financing Receivable \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan			9		7
Recorded Investment			$ 419,000		$ 416,000
Residential Real Estate \| Nonperforming Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	1	2	6	3
Recorded Investment	$ 14,000	$ 24,000	$ 448,000	$ 132,000
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	1
Recorded Investment		$ 4,000	$ 160,000
Residential Real Estate \| Nonperforming Financing Receivable \| Modified During The Period \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan	1	1	5	2
Recorded Investment	$ 14,000	$ 20,000	$ 288,000	$ 128,000
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans \| loan			4		7
Recorded Investment			$ 3,842,000		$ 4,904,000
Commercial related and construction/land development
Troubled Debt Restructurings disclosures
Number of Loans \| loan			5		9
Recorded Investment			$ 3,843,000		$ 4,949,000
Commercial related and construction/land development \| Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans \| loan					1
Recorded Investment					$ 488,000
Commercial related and construction/land development \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1		3
Recorded Investment			$ 936,000		$ 1,091,000
Commercial related and construction/land development \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			4		5
Recorded Investment			$ 2,907,000		$ 3,370,000
Commercial related and construction/land development \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan				1
Recorded Investment				$ 21,000
Commercial related and construction/land development \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan				1
Recorded Investment				$ 21,000
Commercial related and construction/land development \| Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			4		7
Recorded Investment			$ 1,380,000		$ 2,440,000
Commercial related and construction/land development \| Performing Financing Receivable \| Interest only payments
Troubled Debt Restructurings disclosures
Number of Loans \| loan					1
Recorded Investment					$ 488,000
Commercial related and construction/land development \| Performing Financing Receivable \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1		2
Recorded Investment			$ 936,000		$ 1,046,000
Commercial related and construction/land development \| Performing Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			3		4
Recorded Investment			$ 444,000		$ 906,000
Commercial related and construction/land development \| Performing Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan				1
Recorded Investment				$ 21,000
Commercial related and construction/land development \| Performing Financing Receivable \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan				1
Recorded Investment				$ 21,000
Commercial related and construction/land development \| Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1		2
Recorded Investment			$ 2,463,000		$ 2,509,000
Commercial related and construction/land development \| Nonperforming Financing Receivable \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan					1
Recorded Investment					$ 45,000
Commercial related and construction/land development \| Nonperforming Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1		1
Recorded Investment			$ 2,463,000		$ 2,464,000
Consumer
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,307		2,195
Recorded Investment			$ 579,000		$ 599,000
Consumer \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,304		2,193
Recorded Investment			$ 560,000		$ 578,000
Consumer \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan			3		2
Recorded Investment			$ 19,000		$ 21,000
Consumer \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	124	222	557	1,493
Recorded Investment	$ 13,000	$ 44,000	$ 75,000	$ 198,000
Consumer \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan	124	221	556	1,492
Recorded Investment	$ 13,000	$ 29,000	$ 72,000	$ 183,000
Consumer \| Modified During The Period \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan		1	1	1
Recorded Investment		$ 15,000	$ 3,000	$ 15,000
Consumer \| Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,307		2,195
Recorded Investment			$ 579,000		$ 599,000
Consumer \| Performing Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,304		2,193
Recorded Investment			$ 560,000		$ 578,000
Consumer \| Performing Financing Receivable \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan			3		2
Recorded Investment			$ 19,000		$ 21,000
Consumer \| Performing Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	124	222	557	1,493
Recorded Investment	$ 13,000	$ 44,000	$ 75,000	$ 198,000
Consumer \| Performing Financing Receivable \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan	124	221	556	1,492
Recorded Investment	$ 13,000	$ 29,000	$ 72,000	$ 183,000
Consumer \| Performing Financing Receivable \| Modified During The Period \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan		1	1	1
Recorded Investment		$ 15,000	$ 3,000	$ 15,000

LOANS AND ALLOWANCE FOR CRED_14

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR MODIFIED CLASS (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan
Troubled Debt Restructurings disclosures
Number of Loans with payment default \| loan	3	6	8	9
Recorded Investment with payment default \| $	$ 193	$ 3,147	$ 598	$ 3,266
Residential Real Estate \| Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Number of Loans with payment default \| loan	2	3	6	5
Recorded Investment with payment default \| $	$ 179	$ 163	$ 468	$ 269
Residential Real Estate \| Home equity
Troubled Debt Restructurings disclosures
Number of Loans with payment default \| loan	1	1	1	2
Recorded Investment with payment default \| $	$ 14	$ 20	$ 14	$ 33
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans with payment default \| loan		2	1	2
Recorded Investment with payment default \| $		$ 2,964	$ 116	$ 2,964

LOANS AND ALLOWANCE FOR CRED_15

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COVID-19 RELATED LOAN MODIFICATIONS (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Troubled Debt Restructurings disclosures
Loans	$ 4,280,758	$ 4,728,271
COVID-19 Loan Accommodations \| Traditional Banking
Troubled Debt Restructurings disclosures
Loans	$ 3,000
COVID-19 Loan Accommodations \| Traditional Banking \| Maximum
Troubled Debt Restructurings disclosures
Percentage of Loans Accommodated	1.00%

LOANS AND ALLOWANCE FOR CRED_16

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSED PROPERTIES (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 1,845	$ 2,499
Residential Real Estate
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties		496
Commercial Real Estate
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 1,845	$ 2,003

LOANS AND ALLOWANCE FOR CRED_17

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSURE RECORDED INVESTMENT (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Recorded investment in residential and consumer loans based on payment activity
Loans and Leases Receivable Gross Carrying Amount	$ 4,343,782	$ 4,789,338
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	$ 475	$ 981

LOANS AND ALLOWANCE FOR CRED_18

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. 28, 2021	Feb. 29, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Period Easy Advance tax credit product offered	2 months	2 months
Easy Advances originated					$ 250,045	$ 387,762
Net (credit) charge to the Provision for Easy Advances			$ (2,242)	$ (4,294)	$ 7,984	$ 15,239
Provision to total Easy Advances originated					3.19%	3.93%
Easy Advances net (recoveries) charge-offs			$ (2,242)	$ (4,294)	$ 7,984	$ 15,239
Easy Advances net charge-offs to total Easy Advances originated					3.19%	3.93%

DEPOSITS - Balances (Details)

DEPOSITS - Balances (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Deposit Liabilities
Total interest-bearing deposits	$ 2,861,399	$ 2,842,765
Total non interest-bearing deposits	2,053,485	1,871,539
Deposits of discontinued operations	33,063	18,877
Total deposits	4,947,947	4,733,181
Core Banking Activities
Deposit Liabilities
Demand	1,342,395	1,217,263
Money market accounts	793,236	712,824
Savings	295,663	236,335
Individual retirement accounts	46,196	47,889
Time deposits, $250 and over	84,340	83,448
Other certificates of deposit	163,345	199,214
Reciprocal money market and time deposits	101,109	314,109
Brokered deposits	30,001	25,010
Total interest-bearing deposits	2,856,285	2,836,092
Total non interest-bearing deposits	1,691,413	1,503,662
Total deposits	4,547,698	4,339,754
Republic Processing Group
Deposit Liabilities
Money market accounts	5,114	6,673
Total interest-bearing deposits	5,114	6,673
Brokered prepaid cards deposits	323,250	257,856
Other noninterest-bearing deposits	38,822	110,021
Total non interest-bearing deposits	362,072	367,877
Total deposits	$ 367,186	$ 374,550

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Securities sold under agreements to repurchase
Outstanding balance at end of period	$ 260,583		$ 260,583		$ 211,026
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	$ 260,583		$ 260,583		$ 211,026
Weighted average interest rate at end of period (as a percent)	0.04%		0.04%		0.04%
Fair Value of securities pledged	$ 294,002		$ 294,002		$ 230,269
Average outstanding balance during the period	$ 242,867	$ 213,010	$ 201,992	$ 199,556
Average interest rate during the period (as a percent)	0.03%	0.04%	0.02%	0.11%
Maximum outstanding at any month end during the period	$ 307,358	$ 195,229	$ 307,358	$ 195,229
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	114,308		114,308		60,059
Securities sold under agreements to repurchase \| Mortgage backed securities - residential
Securities sold under agreements to repurchase
Fair Value of securities pledged	156,237		156,237		140,554
Securities sold under agreements to repurchase \| Collateralized mortgage obligations
Securities sold under agreements to repurchase
Fair Value of securities pledged	$ 23,457		$ 23,457		$ 29,656

RIGHT-OF-USE ASSETS AND OPERA_3

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Details)	3 Months Ended	9 Months Ended
	Dec. 31, 2021USD ($)	Sep. 30, 2021USD ($)itemcontractlease	Jun. 30, 2021USD ($)	Jan. 31, 2021USD ($)	Dec. 31, 2020USD ($)
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Number of separate and distinct operating lease contracts to lease the land and/or buildings \| contract		45
Number of offices where separate and distinct operating lease contracts to lease the land and/or buildings is held \| item		36
Number of operating leases contracted with a related party of the Company \| contract		14
Number of operating leases considered variable \| item		24
Number of new operating leases executed \| lease		0
Related party lease right-of-use asset upon commencement of lease				$ 392,000
Right-of-use assets		$ 39,257,000			$ 43,345,000
Third Party
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Extended lease term			5 years
Right-of-use assets			$ 263,000
Amended right-of-use asset	$ 819,000

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, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Operating lease expense:
Total operating lease expense	$ 1,792	$ 1,812	$ 5,375	$ 5,432
Cash paid for amounts included in the measurement of operating lease liabilities	$ 1,793	1,817	$ 5,390	5,448
Short-term lease payments not included in the measurement of lease liabilities		3		7
Weighted average remaining term in years	7 years 9 months 3 days		7 years 9 months 3 days		8 years 4 months 13 days
Weighted average discount rate	3.08%		3.08%		3.10%
Related Party
Operating lease expense:
Variable lease expense	$ 1,224	1,235	$ 3,662	3,706
Fixed lease expense	34	23	102	69
Third Party
Operating lease expense:
Variable lease expense	197	180	590	541
Fixed lease expense	$ 337	371	$ 1,021	1,109
Short-term lease expense		$ 3		$ 7

RIGHT-OF-USE ASSETS AND OPERA_5

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES - OPERATING LEASE LIABILITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Operating lease liabilities
2021	$ 1,796
2022	7,131
2023	6,688
2024	6,029
2025	5,323
Thereafter	18,529
Total undiscounted cash flows	45,496
Discount applied to cash flows	(5,345)
Total discounted cash flows reported as operating lease liabilities	40,151	$ 44,340
Related Party
Operating lease liabilities
2021	1,160
2022	4,639
2023	4,639
2024	4,512
2025	4,344
Thereafter	15,800
Total undiscounted cash flows	35,094
Discount applied to cash flows	(4,065)
Total discounted cash flows reported as operating lease liabilities	31,029
Third Party
Operating lease liabilities
2021	636
2022	2,492
2023	2,049
2024	1,517
2025	979
Thereafter	2,729
Total undiscounted cash flows	10,402
Discount applied to cash flows	(1,280)
Total discounted cash flows reported as operating lease liabilities	$ 9,122

FEDERAL HOME LOAN BANK ADVANC_3

FEDERAL HOME LOAN BANK ADVANCES - FHLB ADVANCES (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
FHLB advances
Total FHLB advances	$ 25,000	$ 235,000
Additional collateralized advances available	898,000	683,000
Overnight advance with an interest rate of 0.11% due on July 1, 2014
FHLB advances
Total FHLB advances	25,000	225,000
Fixed interest rate advances with a weighted average interest rate of 1.91% due through 2021
FHLB advances
Total FHLB advances		10,000
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, 2021	Dec. 31, 2020
FEDERAL HOME LOAN BANK ADVANCES
2021 (Overnight)	$ 25,000
Total	$ 25,000	$ 235,000
Weighted Average Rate
2021 (Overnight)	0.14%
Total	0.14%

FEDERAL HOME LOAN BANK ADVANC_5

FEDERAL HOME LOAN BANK ADVANCES - SHORT-TERM FHLB ADVANCES (Details) - Federal Home Loan Bank advances - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
FHLB advances
Average outstanding balance during the period	$ 25,000	$ 272	$ 30,037	$ 29,106
Average interest rate during the period (as percent)	0.10%	0.17%	0.15%	0.92%
Maximum outstanding at any month end during the period	$ 25,000	$ 25,000	$ 25,000	$ 250,000

FEDERAL HOME LOAN BANK ADVANC_6

FEDERAL HOME LOAN BANK ADVANCES - LOANS PLEDGED (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
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	$ 1,034,959	$ 1,048,236
Home equity
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	$ 191,443	$ 208,944

OFF BALANCE SHEET RISKS, COMM_3

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Commitments and letters of credit
Loan commitment, line credit	$ 1,810,949		$ 1,810,949		$ 1,596,046
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	934	$ 636	989
Provision	3	287	(52)	$ 467
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	937	923	937	923
Unused warehouse lines of credit
Commitments and letters of credit
Loan commitment, line credit	658,318		658,318		456,004
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	140	58	79
Provision		(6)	61	(3)
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	140	52	140	52
Unused home equity lines of credit
Commitments and letters of credit
Loan commitment, line credit	350,198		350,198		353,322
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	213	124	173
Provision	29	22	69	57
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	242	146	242	146
Unused loan commitments - other
Commitments and letters of credit
Loan commitment, line credit	787,660		787,660		775,128
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	581	454	737
Provision	(26)	271	(182)	413
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	555	$ 725	555	725
Standby letters of credit
Commitments and letters of credit
Loan commitment, line credit	14,130		14,130		10,949
FHLB letters of credit
Commitments and letters of credit
Loan commitment, line credit	$ 643		$ 643		$ 643
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
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
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
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

FAIR VALUE - POLICIES (Details)

FAIR VALUE - POLICIES (Details) - Republic Credit Solutions - Installment loan	1 Months Ended
	Dec. 31, 2019
Assets and Liabilities Measured on Recurring Basis
Term for intent to sell loans	16 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, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020	Dec. 31, 2019
Financial assets:
Available-for-sale debt securities, Fair Value	$ 495,880		$ 495,880			$ 523,863
Mortgage loans held for sale, at fair value	25,791	$ 44,860	25,791	$ 44,860	$ 32,401	46,867	$ 40,028	$ 19,224
Consumer loans held for sale	10,779	449	10,779	449	$ 13,020	3,298	$ 164	$ 598
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,578		2,578			3,083
U.S. Treasury securities and U.S. Government agencies
Financial assets:
Available-for-sale debt securities, Fair Value	234,845		234,845			246,909
Private label mortgage backed security
Financial assets:
Available-for-sale debt securities, Fair Value	2,780		2,780			2,957
Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities, Fair Value	209,805		209,805			211,202
Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities, Fair Value	34,519		34,519			48,952
Corporate bonds
Financial assets:
Available-for-sale debt securities, Fair Value	10,081		10,081			10,043
Trust Preferred Securities
Financial assets:
Available-for-sale debt securities, Fair Value	3,850		3,850			3,800
Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	102		102			560
Mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,476		2,476			2,523
Recurring basis
Financial assets:
Available-for-sale debt securities, Fair Value	495,880		495,880			523,863
Mortgage loans held for sale, at fair value	25,791		25,791			46,867
Consumer loans held for sale	10,779		10,779			3,298
Consumer loans held for investment	254		254			497
Rate lock loan commitments	1,943		1,943			4,540
Mandatory forward contracts	722		722
Interest rate swap agreements	6,707		6,707			12,545
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,578		2,578			3,083
Financial Liabilities:
Mandatory forward contracts						976
Interest rate swap agreements	6,707		6,707			12,545
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount	0	0	0	0
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount	0	0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3	0	0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 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	234,845		234,845			246,909
Recurring basis \| Private label mortgage backed security
Financial assets:
Available-for-sale debt securities, Fair Value	2,780		2,780			2,957
Recurring basis \| Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities, Fair Value	209,805		209,805			211,202
Recurring basis \| Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities, Fair Value	34,519		34,519			48,952
Recurring basis \| Corporate bonds
Financial assets:
Available-for-sale debt securities, Fair Value	10,081		10,081			10,043
Recurring basis \| Trust Preferred Securities
Financial assets:
Available-for-sale debt securities, Fair Value	3,850		3,850			3,800
Recurring basis \| Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	102		102			560
Recurring basis \| Mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,476		2,476			2,523
Recurring basis \| Fair Value, Inputs, Level 1
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,476		2,476			2,523
Recurring basis \| Fair Value, Inputs, Level 1 \| Mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	2,476		2,476			2,523
Recurring basis \| Fair Value, Inputs, Level 2
Financial assets:
Available-for-sale debt securities, Fair Value	489,250		489,250			517,106
Mortgage loans held for sale, at fair value	25,791		25,791			46,867
Rate lock loan commitments	1,943		1,943			4,540
Mandatory forward contracts	722		722
Interest rate swap agreements	6,707		6,707			12,545
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	102		102			560
Financial Liabilities:
Mandatory forward contracts						976
Interest rate swap agreements	6,707		6,707			12,545
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	234,845		234,845			246,909
Recurring basis \| Fair Value, Inputs, Level 2 \| Mortgage backed securities - residential
Financial assets:
Available-for-sale debt securities, Fair Value	209,805		209,805			211,202
Recurring basis \| Fair Value, Inputs, Level 2 \| Collateralized mortgage obligations
Financial assets:
Available-for-sale debt securities, Fair Value	34,519		34,519			48,952
Recurring basis \| Fair Value, Inputs, Level 2 \| Corporate bonds
Financial assets:
Available-for-sale debt securities, Fair Value	10,081		10,081			10,043
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	102		102			560
Recurring basis \| Fair Value, Inputs, Level 3
Financial assets:
Available-for-sale debt securities, Fair Value	6,630		6,630			6,757
Consumer loans held for sale	10,779		10,779			3,298
Consumer loans held for investment	254		254			497
Recurring basis \| Fair Value, Inputs, Level 3 \| Private label mortgage backed security
Financial assets:
Available-for-sale debt securities, Fair Value	2,780		2,780			2,957
Recurring basis \| Fair Value, Inputs, Level 3 \| Trust Preferred Securities
Financial assets:
Available-for-sale debt securities, Fair Value	$ 3,850		$ 3,850			$ 3,800

FAIR VALUE - RECONCILIATION USI

FAIR VALUE - RECONCILIATION USING SIGNIFICANT UNOBSERVABLE INPUTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Private label mortgage backed security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	$ 2,824	$ 3,023	$ 2,957	$ 3,495
Net change in unrealized gain	13	60	62	(46)
Principal paydowns	(57)	(79)	(239)	(445)
Balance, end of period	2,780	3,004	2,780	3,004
Trust Preferred Securities
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	3,700	3,500	3,800	4,000
Discount accretion	14	21	40	43
Net change in unrealized gain	136	279	10	(243)
Balance, end of period	$ 3,850	$ 3,800	$ 3,850	$ 3,800

FAIR VALUE - RECURRING LEVEL 3

FAIR VALUE - RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Private label mortgage backed security \| Recurring basis
Fair value inputs quantitative information
Mortgage backed security fair value	$ 2,780	$ 2,957
Debt Securities - 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	0.045	0.045
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	0.180	0.180
Private label mortgage backed security \| Maximum \| Recurring basis \| Probability of default
Fair value inputs quantitative information
Measurable input	0.093	0.090
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	$ 10,779	$ 3,298
Consumer Loans Held For Sale \| Nonrecurring basis \| Net Premium
Fair value inputs quantitative information
Loans Held-for-sale, Measurement Input	0.014	0.014
Consumer Loans Held For Sale \| Nonrecurring basis \| Discount sales
Fair value inputs quantitative information
Loans Held-for-sale, Measurement Input	0.0500	0.0500

FAIR VALUE - GAINS AND LOSSES (

FAIR VALUE - GAINS AND LOSSES (Details) $ in Thousands	3 Months Ended		9 Months Ended
FAIR VALUE - GAINS AND LOSSES (Details) $ in Thousands	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)loan	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Fair Value, Option
Aggregate fair value	$ 25,791	$ 44,860	$ 25,791	$ 44,860	$ 32,401	$ 46,867	$ 40,028	$ 19,224
Contractual balance	$ 4,348,535		$ 4,348,535			$ 4,797,297
Net change in fair value recognized on 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	$ 25,791		$ 25,791			$ 46,867
Contractual balance	25,232		25,232			44,781
Unrealized gain	559		559			$ 2,086
Gains and losses from changes in fair value included in earnings	(120)	426	(725)	2,314
Net change in fair value recognized on loans held for sale \| Interest Income
Fair Value, Option
Gains and losses from changes in fair value included in earnings	253	300	802	932
Net change in fair value recognized on loans held for sale \| Change In Fair Value
Fair Value, Option
Gains and losses from changes in fair value included in earnings	$ (373)	126	$ (1,527)	1,382
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	$ 10,779		$ 10,779			$ 3,298
Contractual balance	10,703		10,703			3,284
Unrealized gain	76		76			$ 14
Gains and losses from changes in fair value included in earnings	2,086	44	4,132	1,561
Consumer Loans Held For Sale \| Interest Income
Fair Value, Option
Gains and losses from changes in fair value included in earnings	2,102	42	4,070	1,563
Consumer Loans Held For Sale \| Change In Fair Value
Fair Value, Option
Gains and losses from changes in fair value included in earnings	$ (16)	$ 2	$ 62	$ (2)

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NON-RECURRING BASIS (Details) - Nonrecurring basis - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 5,675	$ 8,362
Other real estate owned	1,845	2,003
Mortgage servicing rights		3,233
Commercial and Industrial
Fair Value Disclosures
Impaired loan on non-recurring basis	60
Residential Real Estate
Fair Value Disclosures
Other real estate owned		2,003
Residential Real Estate \| Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	1,733	3,860
Residential Real Estate \| Home equity
Fair Value Disclosures
Impaired loan on non-recurring basis	314	395
Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	3,568	4,107
Other real estate owned	1,845
Fair Value, Inputs, Level 2
Fair Value Disclosures
Mortgage servicing rights		3,233
Fair Value, Inputs, Level 3
Fair Value Disclosures
Impaired loan on non-recurring basis	5,675	8,362
Other real estate owned	1,845	2,003
Fair Value, Inputs, Level 3 \| Commercial and Industrial
Fair Value Disclosures
Impaired loan on non-recurring basis	60
Fair Value, Inputs, Level 3 \| Residential Real Estate
Fair Value Disclosures
Other real estate owned		2,003
Fair Value, Inputs, Level 3 \| Residential Real Estate \| Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	1,733	3,860
Fair Value, Inputs, Level 3 \| Residential Real Estate \| Home equity
Fair Value Disclosures
Impaired loan on non-recurring basis	314	395
Fair Value, Inputs, Level 3 \| Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	3,568	$ 4,107
Other real estate owned	$ 1,845

FAIR VALUE - NON-RECURRING LEVE

FAIR VALUE - NON-RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 - Nonrecurring basis - Sale comparison approach $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Collateral Dependent Loans \| Commercial and Industrial
Fair value inputs quantitative information
Fair Value	$ 60
Collateral Dependent Loans \| Commercial and Industrial \| Comparability Adjustment
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	1
Collateral Dependent Loans \| Commercial and Industrial \| Comparability Adjustment \| Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	1
Collateral Dependent Loans \| Residential Real Estate \| Residential Real Estate - Owner Occupied
Fair value inputs quantitative information
Fair Value	$ 1,733	$ 3,860
Collateral Dependent Loans \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| Comparability Adjustment \| Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0	0
Collateral Dependent Loans \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| Comparability Adjustment \| Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.51	0.51
Collateral Dependent Loans \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| Comparability Adjustment \| Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.10	0.08
Collateral Dependent Loans \| Residential Real Estate \| Home equity
Fair value inputs quantitative information
Fair Value	$ 314	$ 395
Collateral Dependent Loans \| Residential Real Estate \| Home equity \| Comparability Adjustment \| Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.06	0.02
Collateral Dependent Loans \| Residential Real Estate \| Home equity \| Comparability Adjustment \| Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.10	0.06
Collateral Dependent Loans \| Residential Real Estate \| Home equity \| Comparability Adjustment \| Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.06	0.05
Collateral Dependent Loans \| Commercial Real Estate
Fair value inputs quantitative information
Fair Value	$ 3,568	$ 4,107
Collateral Dependent Loans \| Commercial Real Estate \| Comparability Adjustment \| Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.15	0.07
Collateral Dependent Loans \| Commercial Real Estate \| Comparability Adjustment \| Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.31	0.31
Collateral Dependent Loans \| Commercial Real Estate \| Comparability Adjustment \| Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.26	0.26
Other Real Estate Owned \| Commercial Real Estate
Fair value inputs quantitative information
Fair Value	$ 1,845	$ 2,003
Other Real Estate Owned \| Commercial Real Estate \| Comparability Adjustment
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.32	0.26
Other Real Estate Owned \| Commercial Real Estate \| Comparability Adjustment \| Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.32	0.26

FAIR VALUE - IMPAIRED LOANS (De

FAIR VALUE - IMPAIRED LOANS (Details) - Nonrecurring basis - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Impaired loans
Total fair value	$ 5,675		$ 5,675		$ 8,362
Fair Value, Inputs, Level 3
Impaired loans
Carrying amount of loans measured at fair value	5,122		5,122		7,110
Estimated selling costs considered in carrying amount	911		911		1,252
Valuation allowance	(358)		(358)
Total fair value	5,675		5,675		$ 8,362
Provision for impairment on loan, lease and other losses
Provisions on collateral-dependent, impaired loans	$ 345	$ 430	$ 393	$ (71)

FAIR VALUE - OTHER REAL ESTATE

FAIR VALUE - OTHER REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Fair Value Disclosures
Total Carrying value of other real estate owned	$ 1,845		$ 1,845		$ 2,499
Other real estate owned write-downs during the years ended			158	$ 53
Nonrecurring basis
Fair Value Disclosures
Other real estate owned write-downs during the years ended	53	$ 53	158	$ 53
Nonrecurring basis \| Other Real Estate Owned
Fair Value Disclosures
Other real estate owned carried at fair value	1,845		1,845		2,003
Other real estate owned carried at cost					496
Total Carrying value of other real estate owned	$ 1,845		$ 1,845		$ 2,499

FAIR VALUE - CARRYING AMOUNTS A

FAIR VALUE - CARRYING AMOUNTS AND FV OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Assets:
Available-for-sale debt securities	$ 495,880		$ 523,863
Held-to-maturity debt securities	45,590		54,190
Equity securities with readily determinable fair value	2,578		3,083
Mortgage loans held for sale, at fair value	25,791	$ 32,401	46,867	$ 44,860	$ 40,028	$ 19,224
Consumer loans held for sale, at fair value	10,779	13,020	3,298	449	164	598
Consumer loans held for sale, at the lower of cost or fair value	3,976	$ 11,412	1,478	$ 11,443	$ 12,801	$ 11,646
Loans for discontinued operations, at the lower of cost or fair value	24		23,765
Liabilities:
Deposits of discontinued operations	33,063		18,877
Carrying Value
Assets:
Cash and cash equivalents	1,011,247		485,587
Available-for-sale debt securities	495,880		523,863
Held-to-maturity debt securities	44,991		53,324
Equity securities with readily determinable fair value	2,578		3,083
Mortgage loans held for sale, at fair value	25,791		46,867
Consumer loans held for sale, at fair value	10,779		3,298
Consumer loans held for sale, at the lower of cost or fair value	3,976		1,478
Loans for discontinued operations, at the lower of cost or fair value	24		23,765
Loans, net	4,280,758		4,728,271
Federal Home Loan Bank stock	10,311		17,397
Accrued interest receivable	9,352		12,925
Mortgage servicing rights	8,867		7,095
Rate lock loan commitments	1,943		4,540
Mandatory forward contracts	722
Interest rate swap agreements	6,707		12,545
Liabilities:
Deposits of discontinued operations	33,063		18,877
Securities sold under agreements to repurchase and other short-term borrowings	260,583		211,026
Federal Home Loan Bank advances	25,000		235,000
Subordinated note			41,240
Accrued interest payable	180		342
Mandatory forward contracts			976
Interest rate swap agreements	6,707		12,545
Carrying Value \| Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	2,053,485		1,871,539
Carrying Value \| Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,536,782		2,444,361
Carrying Value \| Time deposits
Liabilities:
Deposit liabilities, fair value	324,617		398,404
Total Fair Value
Assets:
Cash and cash equivalents	1,011,247		485,587
Available-for-sale debt securities	495,880		523,863
Held-to-maturity debt securities	45,590		54,190
Equity securities with readily determinable fair value	2,578		3,083
Mortgage loans held for sale, at fair value	25,791		46,867
Consumer loans held for sale, at fair value	10,779		3,298
Consumer loans held for sale, at the lower of cost or fair value	3,976		1,478
Loans for discontinued operations, at the lower of cost or fair value	24		23,765
Loans, net	4,276,437		4,726,066
Accrued interest receivable	9,352		12,925
Mortgage servicing rights	10,906		8,318
Rate lock loan commitments	1,943		4,540
Mandatory forward contracts	722
Interest rate swap agreements	6,707		12,545
Liabilities:
Deposits of discontinued operations	33,063		18,877
Securities sold under agreements to repurchase and other short-term borrowings	260,583		211,026
Federal Home Loan Bank advances	25,000		235,009
Subordinated note			31,071
Accrued interest payable	180		342
Mandatory forward contracts			976
Interest rate swap agreements	6,707		12,545
Total Fair Value \| Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	2,053,485		1,871,539
Total Fair Value \| Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,536,782		2,444,361
Total Fair Value \| Time deposits
Liabilities:
Deposit liabilities, fair value	328,162		404,773
Total Fair Value \| Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	1,011,247		485,587
Equity securities with readily determinable fair value	2,476		2,523
Total Fair Value \| Fair Value, Inputs, Level 2
Assets:
Available-for-sale debt securities	489,250		517,106
Held-to-maturity debt securities	45,590		54,190
Equity securities with readily determinable fair value	102		560
Mortgage loans held for sale, at fair value	25,791		46,867
Accrued interest receivable	9,352		12,925
Mortgage servicing rights	10,906		8,318
Rate lock loan commitments	1,943		4,540
Mandatory forward contracts	722
Interest rate swap agreements	6,707		12,545
Liabilities:
Deposits of discontinued operations	33,063		18,877
Securities sold under agreements to repurchase and other short-term borrowings	260,583		211,026
Federal Home Loan Bank advances	25,000		235,009
Subordinated note			31,071
Accrued interest payable	180		342
Mandatory forward contracts			976
Interest rate swap agreements	6,707		12,545
Total Fair Value \| Fair Value, Inputs, Level 2 \| Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	2,053,485		1,871,539
Total Fair Value \| Fair Value, Inputs, Level 2 \| Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,536,782		2,444,361
Total Fair Value \| Fair Value, Inputs, Level 2 \| Time deposits
Liabilities:
Deposit liabilities, fair value	328,162		404,773
Total Fair Value \| Fair Value, Inputs, Level 3
Assets:
Available-for-sale debt securities	6,630		6,757
Consumer loans held for sale, at fair value	10,779		3,298
Consumer loans held for sale, at the lower of cost or fair value	3,976		1,478
Loans for discontinued operations, at the lower of cost or fair value	24		23,765
Loans, net	$ 4,276,437		$ 4,726,066

MORTGAGE BANKING ACTIVITIES - M

MORTGAGE BANKING ACTIVITIES - MORTGAGE LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 32,401	$ 40,028	$ 46,867	$ 19,224
Origination of mortgage loans held for sale	170,482	203,615	525,246	547,556
Proceeds from the sale of mortgage loans held for sale	(182,422)	(210,309)	(562,661)	(546,950)
Net gain on sale of mortgage loans held for sale	5,330	11,526	16,339	25,030
Balance, end of period	$ 25,791	$ 44,860	$ 25,791	$ 44,860

MORTGAGE BANKING ACTIVITIES - C

MORTGAGE BANKING ACTIVITIES - COMPONENTS OF INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Mortgage servicing rights
Net gain realized on sale of mortgage loans held for sale	$ 5,008	$ 9,151	$ 18,764	$ 18,279
Net gain recognized	5,330	11,526	16,339	25,030
Loan servicing income	832	757	2,433	2,139
Amortization of mortgage servicing rights	(882)	(1,108)	(2,617)	(2,701)
Change in mortgage servicing rights valuation allowance		(400)	500	(500)
Net servicing income recognized	(50)	(751)	316	(1,062)
Total Mortgage banking income	5,280	10,775	16,655	23,968
Net change in fair value recognized on loans held for sale
Mortgage servicing rights
Net change in fair value	(373)	126	(1,527)	1,382
Rate lock loan commitments
Mortgage servicing rights
Net change in fair value	(258)	2,194	(2,596)	5,841
Mandatory forward contracts
Mortgage servicing rights
Net change in fair value	$ 953	$ 55	$ 1,698	$ (472)

MORTGAGE BANKING ACTIVITIES -_2

MORTGAGE BANKING ACTIVITIES - CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 8,335	$ 6,711	$ 7,095	$ 5,888
Additions	1,414	1,471	3,889	3,987
Amortized to expense	(882)	(1,108)	(2,617)	(2,701)
Change in valuation allowance		(400)	500	(500)
Balance, end of period	$ 8,867	$ 6,674	$ 8,867	$ 6,674

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, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Beginning valuation allowance	$ 0	$ 100	$ 500	$ 0
Charge during the period	0	400	(500)	500
Ending valuation allowance	$ 0	$ 500	$ 0	$ 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, 2021	Dec. 31, 2020
MORTGAGE BANKING ACTIVITIES
Fair value of mortgage servicing rights portfolio	$ 10,906	$ 8,318
Monthly weighted average prepayment rate of unpaid principle balance (as percent)	205.00%	308.00%
Discount rate (as percent)	10.00%	10.00%
Weighted average foreclosure rate	0.24%	0.44%
Weighted average life in years	5 years 10 months 17 days	4 years 10 months 6 days

MORTGAGE BANKING ACTIVITIES - N

MORTGAGE BANKING ACTIVITIES - NOTIONAL AMOUNTS AND FV (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Mortgage servicing rights
Derivative instruments expiration period	90 days
Net change in fair value recognized on loans held for sale
Information about derivatives and swaps
Derivative Assets, Notional Amount	$ 25,232	$ 44,781
Fair Value, Assets	25,791	46,867
Rate lock loan commitments
Information about derivatives and swaps
Derivative Assets, Notional Amount	94,210	105,395
Fair Value, Assets	1,943	4,540
Mandatory forward contracts
Information about derivatives and swaps
Derivative Assets, Notional Amount	105,659
Fair Value, Assets	$ 722
Derivative Liabilities, Notional Amount		136,236
Fair Value, Liabilities		$ 976

INTEREST RATE SWAPS - CASH FLOW

INTEREST RATE SWAPS - CASH FLOW HEDGES (Details)	Dec. 31, 2013DerivativeInstrument
Interest rate swap \| Cash flow hedge
Information about derivatives and swaps
Number of derivative agreements	2

INTEREST RATE SWAPS - INTEREST

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

INTEREST RATE SWAPS - GAINS (LO

INTEREST RATE SWAPS - GAINS (LOSSES) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
INTEREST RATE SWAPS
Gains (losses) recognized in OCI on derivative (effective portion)		$ (1)		$ (173)
Gains (losses) reclassified from OCI on derivative (effective portion)		(103)		(211)
Gains (losses) recognized in income on derivative (ineffective portion)	$ 0	$ 0	$ 0	$ 0

INTEREST RATE SWAPS - NON-HEDGE

INTEREST RATE SWAPS - NON-HEDGE (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Information about derivatives and swaps
Fair value of securities pledged as collateral	$ 354,341	$ 303,611
Counterparty
Information about derivatives and swaps
Fair value of securities pledged as collateral	7,800	13,300
Counterparty \| Minimum
Information about derivatives and swaps
Net loss position in which pledged securities as collateral are required	250
Interest rate swap \| Non-Hedge
Information about derivatives and swaps
Interest rate swaps with Bank clients - Total, Notional Amount	250,818	276,554
Interest rate swap \| Non-Hedge \| Bank Clients
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	109,456	138,277
Interest rate swaps with Bank clients - Liabilities, Notional Amount	15,953
Interest rate swaps with Bank clients - Total, Notional Amount	125,409	138,277
Interest rate swaps with Bank clients - Assets, Fair Value	6,707	12,545
Interest rate swaps with Bank clients - Liabilities, Fair Value	(103)
Interest rate swaps with Bank clients - Total, Fair Value	6,604	12,545
Interest rate swap \| Non-Hedge \| Counterparty
Information about derivatives and swaps
Interest rate swaps with Bank clients - Total, Notional Amount	125,409	138,277
Interest rate swaps with Bank clients - Total, Fair Value	$ (6,604)	$ (12,545)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
EARNINGS PER SHARE
Net income from continuing operations	$ 18,412	$ 17,275	$ 55,240	$ 49,344
Net (loss) income from discontinued operations	1,597	3,114	14,744	13,546
Net income	20,009	20,389	69,984	62,890
Dividends declared on Common Stock:
Undistributed net income for basic earnings per share	13,846	14,442	51,174	45,094
Weighted average potential dividends on Class A shares upon exercise of dilutive options	(17)	(7)	(40)	(24)
Undistributed net income for diluted earnings per share	$ 13,829	$ 14,435	$ 51,134	$ 45,070
Weighted average shares outstanding:
Effect of dilutive securities on Class A Shares outstanding	83,000	20,000	72,000	37,000
Weighted average shares outstanding including dilutive securities	20,591,000	21,046,000	20,879,000	21,068,000
Stock option
Diluted earnings per share:
Antidilutive stock options (in shares)	141,000	431,000	144,000	244,000
Stock option \| Weighted Average
Diluted earnings per share:
Antidilutive stock options (in shares)	141,000	367,000	144,000	193,000
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	$ (5,557)	$ (5,375)	$ (16,980)	$ (16,080)
Weighted average shares outstanding:
Weighted average shares outstanding	18,342,000	18,826,000	18,625,000	18,830,000
Basic earnings per share:
Per share dividends distributed	$ 0.31	$ 0.29	$ 0.92	$ 0.86
Undistributed earnings per share	0.60	0.54	1.77	1.51
Total basic earnings per share continuing operations (in dollars per share)	0.91	0.83	2.69	2.37
Total basic earnings per share discontinued operations (in dollars per share)	0.08	0.15	0.71	0.65
Total basic earnings per share	0.99	0.98	3.40	3.02
Diluted earnings per share:
Per share dividends distributed	0.31	0.29	0.92	0.86
Undistributed earnings per share	0.60	0.54	1.76	1.51
Total diluted earnings per share continuing operations (in dollars per share)	0.91	0.83	2.68	2.37
Total diluted earnings per share discontinued operations (in dollar per share)	0.08	0.15	0.71	0.65
Total diluted earnings per share	$ 0.99	$ 0.98	$ 3.39	$ 3.02
Class B Common Stock
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (606)	$ (572)	$ (1,830)	$ (1,716)
Weighted average shares outstanding:
Weighted average shares outstanding	2,166,000	2,200,000	2,182,000	2,201,000
Basic earnings per share:
Per share dividends distributed	$ 0.28	$ 0.26	$ 0.84	$ 0.78
Undistributed earnings per share	0.55	0.49	1.61	1.38
Total basic earnings per share continuing operations (in dollars per share)	0.83	0.75	2.45	2.16
Total basic earnings per share discontinued operations (in dollars per share)	0.07	0.14	0.65	0.59
Total basic earnings per share	0.90	0.89	3.10	2.75
Diluted earnings per share:
Per share dividends distributed	0.28	0.26	0.84	0.78
Undistributed earnings per share	0.55	0.49	1.60	1.37
Total diluted earnings per share continuing operations (in dollars per share)	0.83	0.75	2.44	2.15
Total diluted earnings per share discontinued operations (in dollar per share)	0.07	0.14	0.65	0.59
Total diluted earnings per share	$ 0.90	$ 0.89	$ 3.09	$ 2.74

OTHER COMPREHENSIVE INCOME - CO

OTHER COMPREHENSIVE INCOME - COMPONENTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Available-for-Sale Debt Securities:
Unrealized gains and (losses) on AFS debt securities	$ (1,899)	$ (258)	$ (4,542)	$ 8,618
Unrealized gain (loss) of AFS debt security for which a portion of OTTI has been recognized in earnings	13	61	62	(46)
Net unrealized (losses) gains	(1,886)	(197)	(4,480)	8,572
Tax effect	471	49	1,119	(2,144)
Net of tax	(1,415)	(148)	(3,361)	6,428
Cash Flow Hedges:
Change in fair value of derivatives used for cash flow hedges		(1)		(173)
Reclassification amount for net derivative losses realized in income		103		211
Net unrealized (losses) gains		102		38
Tax effect		(25)		(9)
Net of tax		77		29
Total other comprehensive (loss) income, net of tax	$ (1,415)	$ (71)	$ (3,361)	$ 6,457

OTHER COMPREHENSIVE INCOME - RE

OTHER COMPREHENSIVE INCOME - RECLASSIFICATION (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Significant amounts reclassified out of each component of AOCI
Interest expense on deposits	$ (1,148)	$ (2,876)	$ (4,037)	$ (12,298)
Interest expense on FHLB advances	(6)	(658)	(47)	(3,128)
Total interest expense	(1,391)	(3,856)	(4,941)	(18,109)
Income tax expense	(5,745)	(4,554)	(15,708)	(12,107)
INCOME FROM CONTINUING OPERATIONS	18,412	17,275	55,240	49,344
Net income	$ 20,009	20,389	$ 69,984	62,890
Unrealized (loss) gain on cash flow hedges \| Reclassification out of Accumulated Other Comprehensive Income
Significant amounts reclassified out of each component of AOCI
Interest expense on deposits		(52)		(107)
Interest expense on FHLB advances		(51)		(104)
Total interest expense		(103)		(211)
Income tax expense		26		53
Net income		$ (77)		$ (158)

OTHER COMPREHENSIVE INCOME - AO

OTHER COMPREHENSIVE INCOME - AOCI Changes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Summary of the AOCI balances, net of tax
Balance at beginning of period	$ 845,090	$ 795,619	$ 823,323	$ 764,244
Current Year Change	(1,415)	(71)	(3,361)	6,457
Balance at end of period	838,657	810,362	838,657	810,362
Accumulated Other Comprehensive Income
Summary of the AOCI balances, net of tax
Balance at beginning of period	6,563	9,626	8,509	3,098
Current Year Change			(3,361)	6,457
Balance at end of period	5,148	9,555	5,148	9,555
Unrealized gain (loss) on AFS debt securities
Summary of the AOCI balances, net of tax
Balance at beginning of period			7,571	2,211
Current Year Change			(3,407)	6,464
Balance at end of period	4,164	8,675	4,164	8,675
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			938	964
Current Year Change			46	(35)
Balance at end of period	$ 984	929	$ 984	929
Unrealized (loss) gain on cash flow hedges
Summary of the AOCI balances, net of tax
Balance at beginning of period				(77)
Current Year Change				28
Balance at end of period		$ (49)		$ (49)

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenue recognition
Net interest income	$ 52,309	$ 52,049	$ 155,325	$ 156,333
Noninterest income:
Mortgage banking income	5,280	10,775	16,655	23,968
Program fees	4,530	1,487	10,304	5,249
Increase in cash surrender value of BOLI	626	400	1,616	1,184
Total noninterest income	17,995	19,400	49,997	49,761
Total net revenue	$ 70,304	$ 71,449	$ 205,322	$ 206,094
Net-revenue concentration (as percent)		100.00%	100.00%	100.00%
Net-revenue concentration from continuing operations	100.00%	100.00%	100.00%	100.00%
Writedowns during entity's holding of property (as a percent)			10.00%
Core Banking Activities
Revenue recognition
Net interest income	$ 46,841	$ 46,398	$ 139,866	$ 137,056
Noninterest income:
Mortgage banking income	5,280	10,775	16,655	23,968
Increase in cash surrender value of BOLI	626	400	1,616	1,184
Total noninterest income	13,465	17,913	39,700	44,527
Total net revenue	$ 60,306	$ 64,311	$ 179,566	$ 181,583
Net-revenue concentration (as percent)		90.00%	88.00%	88.00%
Net-revenue concentration from continuing operations	86.00%	90.00%	88.00%	88.00%
Traditional Banking
Revenue recognition
Net interest income	$ 40,297	$ 38,753	$ 119,677	$ 118,409
Noninterest income:
Increase in cash surrender value of BOLI	626	400	1,616	1,184
Total noninterest income	8,108	7,138	22,862	20,499
Total net revenue	$ 48,405	$ 45,891	$ 142,539	$ 138,908
Net-revenue concentration (as percent)		64.00%	70.00%	67.00%
Net-revenue concentration from continuing operations	69.00%	64.00%	70.00%	67.00%
Warehouse Lending
Revenue recognition
Net interest income	$ 6,291	$ 7,345	$ 19,387	$ 17,715
Noninterest income:
Total noninterest income	15	(21)	43	7
Total net revenue	$ 6,306	$ 7,324	$ 19,430	$ 17,722
Net-revenue concentration (as percent)		10.00%	9.00%	9.00%
Net-revenue concentration from continuing operations	9.00%	10.00%	9.00%	9.00%
Mortgage Banking
Revenue recognition
Net interest income	$ 253	$ 300	$ 802	$ 932
Noninterest income:
Mortgage banking income	5,280	10,775	16,655	23,968
Total noninterest income	5,342	10,796	16,795	24,021
Total net revenue	$ 5,595	$ 11,096	$ 17,597	$ 24,953
Net-revenue concentration (as percent)		16.00%	9.00%	12.00%
Net-revenue concentration from continuing operations	8.00%	16.00%	9.00%	12.00%
Republic Processing Group
Revenue recognition
Net interest income	$ 5,468	$ 5,651	$ 15,459	$ 19,277
Noninterest income:
Program fees	4,530	1,487	10,304	5,249
Total noninterest income	4,530	1,487	10,297	5,234
Total net revenue	$ 9,998	$ 7,138	$ 25,756	$ 24,511
Net-revenue concentration (as percent)		10.00%	12.00%	12.00%
Net-revenue concentration from continuing operations	14.00%	10.00%	12.00%	12.00%
Tax Refund Solutions
Revenue recognition
Net interest income	$ 171	$ 675	$ 665	$ 1,622
Noninterest income:
Program fees	763	643	2,374	1,573
Total noninterest income	763	643	2,367	1,558
Total net revenue	$ 934	$ 1,318	$ 3,032	$ 3,180
Net-revenue concentration (as percent)		2.00%	1.00%	2.00%
Net-revenue concentration from continuing operations	1.00%	2.00%	1.00%	2.00%
Republic Credit Solutions
Revenue recognition
Net interest income	$ 5,297	$ 4,976	$ 14,794	$ 17,655
Noninterest income:
Program fees	3,767	844	7,930	3,676
Total noninterest income	3,767	844	7,930	3,676
Total net revenue	$ 9,064	$ 5,820	$ 22,724	$ 21,331
Net-revenue concentration (as percent)		8.00%	11.00%	10.00%
Net-revenue concentration from continuing operations	13.00%	8.00%	11.00%	10.00%
Service charges on deposit accounts
Noninterest income:
Revenue under 606	$ 3,277	$ 3,017	$ 9,221	$ 8,604
Service charges on deposit accounts \| Core Banking Activities
Noninterest income:
Revenue under 606	3,277	3,018	9,231	8,622
Service charges on deposit accounts \| Traditional Banking
Noninterest income:
Revenue under 606	3,262	3,000	9,188	8,576
Service charges on deposit accounts \| Warehouse Lending
Noninterest income:
Revenue under 606	15	18	43	46
Service charges on deposit accounts \| Republic Processing Group
Noninterest income:
Revenue under 606		(1)	(10)	(18)
Service charges on deposit accounts \| Tax Refund Solutions
Noninterest income:
Revenue under 606		(1)	(10)	(18)
Interchange fee income
Noninterest income:
Revenue under 606	3,200	2,874	9,539	8,093
Interchange fee income \| Core Banking Activities
Noninterest income:
Revenue under 606	3,199	2,873	9,535	8,090
Interchange fee income \| Traditional Banking
Noninterest income:
Revenue under 606	3,199	2,873	9,535	8,090
Interchange fee income \| Republic Processing Group
Noninterest income:
Revenue under 606	1	1	4	3
Interchange fee income \| Tax Refund Solutions
Noninterest income:
Revenue under 606	1	1	4	3
Net gains (losses) on other real estate owned
Noninterest income:
Revenue under 606	(52)	(14)	(107)	(10)
Net gains (losses) on other real estate owned \| Core Banking Activities
Noninterest income:
Revenue under 606	(52)	(14)	(107)	(10)
Net gains (losses) on other real estate owned \| Traditional Banking
Noninterest income:
Revenue under 606	(52)	(14)	(107)	(10)
Other
Noninterest income:
Revenue under 606	1,134	861	2,769	2,673
Other \| Core Banking Activities
Noninterest income:
Revenue under 606	1,135	861	2,770	2,673
Other \| Traditional Banking
Noninterest income:
Revenue under 606	1,073	879	2,630	2,659
Other \| Warehouse Lending
Noninterest income:
Revenue under 606		(39)		(39)
Other \| Mortgage Banking
Noninterest income:
Revenue under 606	62	$ 21	140	$ 53
Other \| Republic Processing Group
Noninterest income:
Revenue under 606	(1)		(1)
Other \| Tax Refund Solutions
Noninterest income:
Revenue under 606	$ (1)		$ (1)

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended		9 Months Ended
SEGMENT INFORMATION (Details) $ in Thousands	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)segment	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Segment Disclosure information
Number of reportable segments \| segment			5
Segment information
Net interest income	$ 52,309	$ 52,049	$ 155,325	$ 156,333
Provision for expected credit loss expense	3,553	5,842	4,381	15,555
Mortgage banking income	5,280	10,775	16,655	23,968
Program fees	4,530	1,487	10,304	5,249
Other noninterest income	8,185	7,138	23,038	20,544
Total noninterest income	17,995	19,400	49,997	49,761
Total noninterest expenses	42,594	43,778	129,993	129,088
Income (loss) from continuing operations before income tax expense	24,157	21,829	70,948	61,451
Income tax expense (benefit)	5,745	4,554	15,708	12,107
INCOME FROM CONTINUING OPERATIONS	18,412	17,275	55,240	49,344
DISCONTINUED OPERATIONS:
Income from discontinued operations before income taxes	2,070	3,997	19,584	17,550
Income tax expense	473	883	4,840	4,004
Income from discontinued operations, net of tax	1,597	3,114	14,744	13,546
NET INCOME	20,009	20,389	69,984	62,890
Period-end assets	$ 6,187,634	$ 6,240,446	$ 6,187,634	$ 6,240,446	$ 6,168,325
Net interest margin from continuing operations	3.55%	3.57%	3.46%	3.69%
Net-revenue concentration from continuing operations	100.00%	100.00%	100.00%	100.00%
Core Banking Activities
Segment Disclosure information
Number of reportable segments \| segment			3
Segment information
Net interest income	$ 46,841	$ 46,398	$ 139,866	$ 137,056
Provision for expected credit loss expense	(267)	5,854	(656)	15,304
Mortgage banking income	5,280	10,775	16,655	23,968
Other noninterest income	8,185	7,138	23,045	20,559
Total noninterest income	13,465	17,913	39,700	44,527
Total noninterest expenses	40,240	41,122	122,726	120,756
Income (loss) from continuing operations before income tax expense	20,333	17,335	57,496	45,523
Income tax expense (benefit)	4,810	3,520	12,444	8,436
INCOME FROM CONTINUING OPERATIONS	15,523	13,815	45,052	37,087
DISCONTINUED OPERATIONS:
NET INCOME	15,523	13,815	45,052	37,087
Period-end assets	$ 5,698,965	$ 5,858,447	$ 5,698,965	$ 5,858,447
Net interest margin from continuing operations	3.25%	3.25%	3.24%	3.37%
Net-revenue concentration from continuing operations	86.00%	90.00%	88.00%	88.00%
Traditional Banking
Segment information
Net interest income	$ 40,297	$ 38,753	$ 119,677	$ 118,409
Provision for expected credit loss expense	(44)	5,857	(126)	14,526
Other noninterest income	8,108	7,138	22,862	20,499
Total noninterest income	8,108	7,138	22,862	20,499
Total noninterest expenses	35,927	36,415	110,192	109,750
Income (loss) from continuing operations before income tax expense	12,522	3,619	32,473	14,632
Income tax expense (benefit)	3,038	558	6,718	1,747
INCOME FROM CONTINUING OPERATIONS	9,484	3,061	25,755	12,885
DISCONTINUED OPERATIONS:
NET INCOME	9,484	3,061	25,755	12,885
Period-end assets	$ 4,907,503	$ 4,769,848	$ 4,907,503	$ 4,769,848
Net interest margin from continuing operations	3.22%	3.22%	3.21%	3.41%
Net-revenue concentration from continuing operations	69.00%	64.00%	70.00%	67.00%
Warehouse Lending
Segment information
Net interest income	$ 6,291	$ 7,345	$ 19,387	$ 17,715
Provision for expected credit loss expense	(223)	(3)	(530)	778
Other noninterest income	15	(21)	43	7
Total noninterest income	15	(21)	43	7
Total noninterest expenses	1,056	1,875	3,150	3,489
Income (loss) from continuing operations before income tax expense	5,473	5,452	16,810	13,455
Income tax expense (benefit)	1,258	1,226	3,919	3,027
INCOME FROM CONTINUING OPERATIONS	4,215	4,226	12,891	10,428
DISCONTINUED OPERATIONS:
NET INCOME	4,215	4,226	12,891	10,428
Period-end assets	$ 750,266	$ 1,026,790	$ 750,266	$ 1,026,790
Net interest margin from continuing operations	3.51%	3.41%	3.47%	3.07%
Net-revenue concentration from continuing operations	9.00%	10.00%	9.00%	9.00%
Mortgage Banking
Segment information
Net interest income	$ 253	$ 300	$ 802	$ 932
Mortgage banking income	5,280	10,775	16,655	23,968
Other noninterest income	62	21	140	53
Total noninterest income	5,342	10,796	16,795	24,021
Total noninterest expenses	3,257	2,832	9,384	7,517
Income (loss) from continuing operations before income tax expense	2,338	8,264	8,213	17,436
Income tax expense (benefit)	514	1,736	1,807	3,662
INCOME FROM CONTINUING OPERATIONS	1,824	6,528	6,406	13,774
DISCONTINUED OPERATIONS:
NET INCOME	1,824	6,528	6,406	13,774
Period-end assets	$ 41,196	$ 61,809	$ 41,196	$ 61,809
Net-revenue concentration from continuing operations	8.00%	16.00%	9.00%	12.00%
Republic Processing Group
Segment Disclosure information
Number of reportable segments \| segment			2
Segment information
Net interest income	$ 5,468	$ 5,651	$ 15,459	$ 19,277
Provision for expected credit loss expense	3,820	(12)	5,037	251
Program fees	4,530	1,487	10,304	5,249
Other noninterest income			(7)	(15)
Total noninterest income	4,530	1,487	10,297	5,234
Total noninterest expenses	2,354	2,656	7,267	8,332
Income (loss) from continuing operations before income tax expense	3,824	4,494	13,452	15,928
Income tax expense (benefit)	935	1,034	3,264	3,671
INCOME FROM CONTINUING OPERATIONS	2,889	3,460	10,188	12,257
DISCONTINUED OPERATIONS:
Income from discontinued operations before income taxes	2,070	3,997	19,584	17,550
Income tax expense	473	883	4,840	4,004
Income from discontinued operations, net of tax	1,597	3,114	14,744	13,546
NET INCOME	4,486	6,574	24,932	25,803
Period-end assets	$ 488,669	$ 381,999	$ 488,669	$ 381,999
Net-revenue concentration from continuing operations	14.00%	10.00%	12.00%	12.00%
Tax Refund Solutions
Segment information
Net interest income	$ 171	$ 675	$ 665	$ 1,622
Program fees	763	643	2,374	1,573
Other noninterest income			(7)	(15)
Total noninterest income	763	643	2,367	1,558
Total noninterest expenses	1,308	1,481	4,239	5,360
Income (loss) from continuing operations before income tax expense	(374)	(163)	(1,207)	(2,180)
Income tax expense (benefit)	(102)	(40)	(373)	(517)
INCOME FROM CONTINUING OPERATIONS	(272)	(123)	(834)	(1,663)
DISCONTINUED OPERATIONS:
Income from discontinued operations before income taxes	2,070	3,997	19,584	17,550
Income tax expense	473	883	4,840	4,004
Income from discontinued operations, net of tax	1,597	3,114	14,744	13,546
NET INCOME	1,325	2,991	13,910	11,883
Period-end assets	$ 365,552	$ 269,337	$ 365,552	$ 269,337
Net-revenue concentration from continuing operations	1.00%	2.00%	1.00%	2.00%
Republic Credit Solutions
Segment information
Net interest income	$ 5,297	$ 4,976	$ 14,794	$ 17,655
Provision for expected credit loss expense	3,820	(12)	5,037	251
Program fees	3,767	844	7,930	3,676
Total noninterest income	3,767	844	7,930	3,676
Total noninterest expenses	1,046	1,175	3,028	2,972
Income (loss) from continuing operations before income tax expense	4,198	4,657	14,659	18,108
Income tax expense (benefit)	1,037	1,074	3,637	4,188
INCOME FROM CONTINUING OPERATIONS	3,161	3,583	11,022	13,920
DISCONTINUED OPERATIONS:
NET INCOME	3,161	3,583	11,022	13,920
Period-end assets	$ 123,117	$ 112,662	$ 123,117	$ 112,662
Net-revenue concentration from continuing operations	13.00%	8.00%	11.00%	10.00%

DISCONTINUED OPERATIONS - INCOM

DISCONTINUED OPERATIONS - INCOME STATEMENT (Details) - USD ($)	2 Months Ended		3 Months Ended		9 Months Ended		12 Months Ended
	Feb. 28, 2021	Feb. 29, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
NONINTEREST EXPENSE:
INCOME FROM DISCONTINUED OPERATIONS BEFORE INCOME TAX EXPENSE			$ 2,070,000	$ 3,997,000	$ 19,584,000	$ 17,550,000
INCOME TAX EXPENSE			473,000	883,000	4,840,000	4,004,000
Income from discontinued operations, net of tax			1,597,000	3,114,000	14,744,000	13,546,000
Tax Refund Solutions Business \| Discontinued Operations, Held-for-sale
INTEREST INCOME:
Loans, including fees			76,000	135,000	14,815,000	20,978,000
Funds transfer credit			51,000	70,000	313,000	1,543,000
Total interest income			127,000	205,000	15,128,000	22,521,000
INTEREST EXPENSE:
Deposits						527,000
Funds transfer cost			4,000	2,000	200,000	1,132,000
Total interest expense			4,000	2,000	200,000	1,659,000
NET INTEREST INCOME			123,000	203,000	14,928,000	20,862,000
Provision for expected credit loss expense			(2,261,000)	(4,342,000)	7,850,000	15,239,000
NET INTEREST INCOME AFTER PROVISION			2,384,000	4,545,000	7,078,000	5,623,000
NONINTEREST INCOME:
Net refund transfer fees			1,280,000	1,152,000	19,922,000	19,888,000
Interchange fee income			63,000	37,000	232,000	178,000
Other			1,000	8,000	78,000	90,000
Total noninterest income			1,344,000	1,197,000	20,232,000	20,156,000
NONINTEREST EXPENSE:
Salaries and employee benefits			1,043,000	1,460,000	4,268,000	4,208,000
Technology, equipment, and communication			86,000	131,000	260,000	461,000
Occupancy					1,000	7,000
Marketing and development			45,000	55,000	160,000	196,000
FDIC insurance expense					150,000
Bank franchise tax expense			9,000	2,000	14,000	1,729,000
Legal and professional fees			303,000	8,000	1,382,000	173,000
Other			172,000	89,000	1,491,000	1,455,000
Total noninterest expense			1,658,000	1,745,000	7,726,000	8,229,000
INCOME FROM DISCONTINUED OPERATIONS BEFORE INCOME TAX EXPENSE			2,070,000	3,997,000	19,584,000	17,550,000
INCOME TAX EXPENSE			473,000	883,000	4,840,000	4,004,000
Income from discontinued operations, net of tax			1,597,000	$ 3,114,000	14,744,000	$ 13,546,000
Tax Refund Solutions Business \| Discontinued Operations, Held-for-sale \| Easy Advances
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Amount of credit risk associated with refund transfers			$ 0		$ 0
Period Easy Advance tax credit product offered	2 months	2 months
EA's repayment term							35 days
Maximum repayment period before Easy Advances considered delinquent					35 days		21 days
Tax Refund Solutions Business \| Discontinued Operations, Held-for-sale \| Easy Advances \| Maximum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Advance amount per customer					$ 6,250