Republic Bancorp (RBCAA) 10-Q5 Aug 222022 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2022	Jul. 31, 2022
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	Jun. 30, 2022
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	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		17,580,806
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,160,924

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 795,143	$ 756,971
Available-for-sale debt securities, at fair value (amortized cost of $651,048 in 2022 and $492,626 in 2021, allowance for credit losses of $30 in 2022 and $0 in 2021)	622,145	495,126
Held-to-maturity debt securities (fair value of $32,978 in 2022 and $44,764 in 2021, allowance for credit losses of $50 in 2022 and $47 in 2021)	32,962	44,299
Equity securities with readily determinable fair value	189	2,620
Mortgage loans held for sale, at fair value	8,491	29,393
Consumer loans held for sale, at fair value	17,459	19,747
Consumer loans held for sale, at the lower of cost or fair value	13,777	2,937
Loans (loans carried at fair value of $45 in 2022 and $170 in 2021)	4,362,233	4,496,562
Allowance for credit losses	(64,449)	(64,577)
Loans, net	4,297,784	4,431,985
Federal Home Loan Bank stock, at cost	10,311	10,311
Premises and equipment, net	33,886	36,073
Right-of-use assets	41,364	38,825
Goodwill	16,300	16,300
Other real estate owned	1,687	1,792
Bank owned life insurance	100,396	99,161
Other assets and accrued interest receivable	120,582	108,092
TOTAL ASSETS	6,112,476	6,093,632
Deposits:
Noninterest-bearing	2,094,436	1,990,781
Interest-bearing	2,733,093	2,849,637
Total deposits	4,827,529	4,840,418
Securities sold under agreements to repurchase and other short-term borrowings	303,315	290,967
Operating lease liabilities	42,163	39,672
Federal Home Loan Bank advances	20,000	25,000
Other liabilities and accrued interest payable	77,295	63,343
Total liabilities	5,270,302	5,259,400
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	4,663	4,702
Additional paid in capital	140,516	139,956
Retained earnings	718,649	687,700
Accumulated other comprehensive (loss) income	(21,654)	1,874
Total stockholders' equity	842,174	834,232
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 6,112,476	$ 6,093,632

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Available-for-sale debt securities	$ 651,048	$ 492,626
Available-for-sale debt securities, allowance for credit losses	30	0
Held-to-maturity debt securities	32,978	44,764
Held-to-maturity debt securities, allowance for credit losses	50	47
Loans held for investment fair value	$ 45	$ 170
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		6 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
INTEREST INCOME:
Loans, including fees	$ 47,916	$ 49,640	$ 108,931	$ 117,112
Taxable investment securities	2,688	1,858	4,747	3,810
Federal Home Loan Bank stock and other	1,716	317	2,197	536
Total interest income	52,320	51,815	115,875	121,458
INTEREST EXPENSE:
Deposits	945	1,324	1,824	2,889
Securities sold under agreements to repurchase and other short-term borrowings	49	8	77	17
Federal Home Loan Bank advances	94	10	130	41
Subordinated note		169		341
Total interest expense	1,088	1,511	2,031	3,288
NET INTEREST INCOME	51,232	50,304	113,844	118,170
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	3,705	(4,323)	12,931	10,939
NET INTEREST INCOME AFTER PROVISION	47,527	54,627	100,913	107,231
NONINTEREST INCOME:
Mortgage banking income	1,763	4,182	4,420	11,375
Program fees	3,885	3,342	7,739	5,551
Increase in cash surrender value of bank owned life insurance	623	600	1,235	990
Total noninterest income	30,566	21,648	61,567	50,669
NONINTEREST EXPENSE:
Salaries and employee benefits	28,896	27,410	58,208	56,747
Technology, equipment, and communication	7,229	7,444	14,443	14,511
Occupancy	3,224	3,251	6,664	6,810
Marketing and development	1,720	1,094	3,068	1,866
FDIC insurance expense	399	418	818	864
Interchange related expense	1,264	1,288	2,381	2,432
Legal and professional fees	804	1,466	2,169	2,680
Other	4,117	3,343	8,475	7,685
Total noninterest expense	47,653	45,714	96,226	93,595
INCOME BEFORE INCOME TAX EXPENSE	30,440	30,561	66,254	64,305
INCOME TAX EXPENSE	6,539	6,639	14,427	14,330
NET INCOME	23,901	23,922	51,827	49,975
Service charges on deposit accounts
NONINTEREST INCOME:
Revenue under 606	3,363	3,071	6,589	5,944
Net refund transfer fees
NONINTEREST INCOME:
Revenue under 606	3,950	5,923	16,001	18,644
Interchange fee income
NONINTEREST INCOME:
Revenue under 606	3,461	3,481	6,531	6,508
Net losses on other real estate owned
NONINTEREST INCOME:
Revenue under 606	(52)	(44)	(105)	(55)
Contract termination fee
NONINTEREST INCOME:
Revenue under 606			5,000
Legal settlement
NONINTEREST INCOME:
Revenue under 606	13,000		13,000
Other
NONINTEREST INCOME:
Revenue under 606	$ 573	$ 1,093	$ 1,157	$ 1,712
Class A Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	$ 1.20	$ 1.16	$ 2.60	$ 2.42
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	1.20	1.16	2.59	2.41
Class B Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	1.09	1.05	2.37	2.20
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	$ 1.09	$ 1.05	$ 2.36	$ 2.19

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 23,901	$ 23,922	$ 51,827	$ 49,975
OTHER COMPREHENSIVE INCOME (LOSS)
Unrealized losses on AFS debt securities	(10,133)	(614)	(31,382)	(2,643)
Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings	(15)	34	9	49
Total other comprehensive loss before income tax	(10,148)	(580)	(31,373)	(2,594)
Tax effect	2,537	145	7,845	648
Total other comprehensive loss, net of tax	(7,611)	(435)	(23,528)	(1,946)
COMPREHENSIVE INCOME	$ 16,290	$ 23,487	$ 28,299	$ 48,029

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Common Stock Class A Common Stock	Common Stock Class B Common Stock	Common Stock	Additional Paid In Capital	Retained Earnings Class A Common Stock	Retained Earnings Class B Common Stock	Retained Earnings	Accumulated Other Comprehensive Income	Class A Common Stock	Class B Common Stock	Total
Balance at beginning of period at Dec. 31, 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							49,975				49,975
Net change in accumulated other comprehensive income (loss)								(1,946)			(1,946)
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (11,423)	$ (1,224)			$ (11,423)	$ (1,224)
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)	33	(33)
Repurchase of Class A Common Stock			(75)	(2,350)			(12,804)				(15,229)
Repurchase of Class A Common Stock (in shares)	(362)
Net change in notes receivable on Class A Common Stock				50							50
Deferred director compensation expense - Class A Common Stock				209							209
Deferred director compensation expense - Class A Common Stock (in shares)	4
Deferred designed key employee compensation expense - Class A Common Stock				303							303
Employee stock purchase plan - Class A Common Stock			2	316							318
Employee stock purchase plan - Class A Common Stock (in shares)	7
Stock-based awards, Performance stock units				65							65
Stock-based awards, Restricted stock			2	519							521
Stock-based awards, Restricted stock (in shares)	14
Stock options				290							290
Balance at end 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
Balance at beginning of period at Mar. 31, 2021	$ 18,628	$ 2,198	4,884	143,563			682,264	6,998			837,709
Increase (Decrease) in Stockholders' Equity
Net income							23,922				23,922
Net change in accumulated other comprehensive income (loss)								(435)			(435)
Dividends declared on Common Stock:
Dividends declared on Common Stock					(5,680)	(608)			(5,680)	(608)
Stock options exercised, net of shares withheld			5	(54)							(49)
Stock options exercised, net of shares withheld (in shares)	12
Conversion of Class B Common Stock to Class A Common Stock			(51)	(1,614)			(9,096)				(10,761)
Conversion of Class B Common Stock to Class A Common Stock (in shares)	(255)
Repurchase of Class A Common Stock (in shares)	32	(32)
Net change in notes receivable on Class A Common Stock				(44)							(44)
Deferred director compensation expense - Class A Common Stock				95							95
Deferred designed key employee compensation expense - Class A Common Stock				167							167
Employee stock purchase plan - Class A Common Stock			1	162							163
Employee stock purchase plan - Class A Common Stock (in shares)	4
Stock-based awards, Performance stock units				33							33
Stock-based awards, Restricted stock			2	409							411
Stock options				167							167
Balance at end 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
Balance at beginning of period at Dec. 31, 2021			4,702	139,956			687,700	1,874			834,232
Balance (in shares) at Dec. 31, 2021	17,816	2,165
Increase (Decrease) in Stockholders' Equity
Net income							51,827				51,827
Net change in accumulated other comprehensive income (loss)								(23,528)			(23,528)
Dividends declared on Common Stock:
Dividends declared on Common Stock					(12,128)	(1,341)			(12,128)	(1,341)
Stock options exercised, net of shares withheld			2	40							42
Stock options exercised, net of shares withheld (in shares)	3
Conversion of Class B Common Stock to Class A Common Stock (in shares)	4	(4)
Repurchase of Class A Common Stock			(43)	(1,384)			(7,409)				(8,836)
Repurchase of Class A Common Stock (in shares)	(215)
Net change in notes receivable on Class A Common Stock				18							18
Deferred director compensation expense - Class A Common Stock				211							211
Deferred director compensation expense - Class A Common Stock (in shares)	6
Deferred designed key employee compensation expense - Class A Common Stock				357							357
Employee stock purchase plan - Class A Common Stock			2	325							327
Employee stock purchase plan - Class A Common Stock (in shares)	7
Stock-based awards, Performance stock units				76							76
Stock-based awards, Restricted stock				610							610
Stock-based awards, Restricted stock (in shares)	8
Stock options				307							307
Balance at end of period at Jun. 30, 2022			4,663	140,516			718,649	(21,654)			842,174
Balance (in shares) at Jun. 30, 2022	17,629	2,161
Balance at beginning of period at Mar. 31, 2022			4,703	140,795			708,874	(14,043)			840,329
Balance (in shares) at Mar. 31, 2022	17,834	2,165
Increase (Decrease) in Stockholders' Equity
Net income							23,901				23,901
Net change in accumulated other comprehensive income (loss)								(7,611)			(7,611)
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (6,047)	$ (670)			$ (6,047)	$ (670)
Stock options exercised, net of shares withheld			2	88							90
Stock options exercised, net of shares withheld (in shares)	3
Conversion of Class B Common Stock to Class A Common Stock (in shares)	4	(4)
Repurchase of Class A Common Stock			(43)	(1,384)			(7,409)				(8,836)
Repurchase of Class A Common Stock (in shares)	(215)
Net change in notes receivable on Class A Common Stock				(42)							(42)
Deferred director compensation expense - Class A Common Stock				82							82
Deferred designed key employee compensation expense - Class A Common Stock				178							178
Employee stock purchase plan - Class A Common Stock			1	163							164
Employee stock purchase plan - Class A Common Stock (in shares)	3
Stock-based awards, Performance stock units				38							38
Stock-based awards, Restricted stock				447							447
Stock options				151							151
Balance at end of period at Jun. 30, 2022			$ 4,663	$ 140,516			$ 718,649	$ (21,654)			$ 842,174
Balance (in shares) at Jun. 30, 2022	17,629	2,161

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Class A Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 0.341	$ 0.308	$ 0.682	$ 0.616
Class B Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 0.310	$ 0.280	$ 0.620	$ 0.560

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
OPERATING ACTIVITIES:
Net income	$ 51,827	$ 49,975
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization on investment securities and low-income housing investments	1,496	2,489
Net accretion on loans and amortization of core deposit intangible and operating lease components	(2,220)	(10,894)
Unrealized and realized losses on equity securities with readily determinable fair value	190	482
Depreciation of premises and equipment	4,029	4,515
Amortization of mortgage servicing rights	1,248	1,735
Recovery of mortgage servicing rights		(500)
Provision for on-balance sheet exposures	12,931	10,939
Provision for off-balance sheet exposures	48	(55)
Net gain on sale of mortgage loans held for sale	(3,919)	(11,009)
Origination of mortgage loans held for sale	(162,150)	(354,764)
Proceeds from sale of mortgage loans held for sale	186,971	380,239
Net gain on sale of consumer loans held for sale	(6,265)	(4,121)
Origination of consumer loans held for sale	(527,996)	(304,045)
Proceeds from sale of consumer loans held for sale	525,709	288,510
Net gain realized on sale of other real estate owned		(51)
Writedowns of other real estate owned	105	105
Deferred compensation expense - Class A Common Stock	568	512
Stock-based awards and ESPP expense - Class A Common Stock	1,042	923
Net gain on sale of bank premises and equipment		(399)
Increase in cash surrender value of bank owned life insurance	(1,235)	(990)
Net change in other assets and liabilities:
Accrued interest receivable	5	2,450
Accrued interest payable	3	(131)
Other assets	1,718	1,728
Other liabilities	9,889	(2,352)
Net cash provided by operating activities	93,994	55,291
INVESTING ACTIVITIES:
Purchases of available-for-sale debt securities	(189,820)	(111,664)
Proceeds from calls, maturities and paydowns of equity and available-for-sale debt securities	33,340	108,201
Proceeds from calls, maturities and paydowns of held-to-maturity debt securities	11,330	7,162
Net change in outstanding warehouse lines of credit	253,872	122,641
Net change in other loans	(130,331)	135,473
Proceeds from redemption of Federal Home Loan Bank stock		5,727
Proceeds from sales of other real estate owned		611
Proceeds from sale of bank premises and equipment		637
Purchase of bank owned life insurance		(30,000)
Investments in low-income housing tax partnerships	(5,509)	(7,684)
Net purchases of premises and equipment	(1,842)	(3,923)
Net cash (used in) provided by investing activities	(28,960)	227,181
FINANCING ACTIVITIES:
Net change in deposits	(12,889)	284,397
Net change in securities sold under agreements to repurchase and other short-term borrowings	12,348	(68,131)
Payments of Federal Home Loan Bank advances	(25,000)	(235,000)
Proceeds from Federal Home Loan Bank advances	20,000	25,000
Repurchase of Class A Common Stock	(8,836)	(15,229)
Net proceeds from Class A Common Stock purchased through employee stock purchase plan	278	272
Net proceeds from option exercises and equity awards vested - Class A Common Stock	42	(142)
Cash dividends paid	(12,805)	(12,219)
Net cash used in financing activities	(26,862)	(21,052)
NET CHANGE IN CASH AND CASH EQUIVALENTS	38,172	261,420
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	756,971	485,587
CASH AND CASH EQUIVALENTS AT END OF PERIOD	795,143	747,007
Cash paid during the period for:
Interest	2,028	3,419
Income taxes	8,677	13,466
SUPPLEMENTAL NONCASH DISCLOSURES:
Mortgage servicing rights capitalized	1,459	2,475
Transfers from loans to real estate acquired in settlement of loans		$ 64
Unfunded commitments in low-income-housing investments	10,100
Right-of-use assets recorded	$ 4,956

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2022
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. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. Operating results for the three months ended June 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. 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, 2021. As of June 30, 2022, 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. 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 — 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 2022 and 2021: ● 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 a DDA Card, 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. The Company reports fees paid for the EA product as interest income on loans. During 2021, EAs were repaid, on average, within 32 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 in 2022 and 2021 if it remained unpaid 35 days 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 are recorded as recoveries of previously charged-off loans unless such recovery is subject to guarantor reimbursement under a loan-loss guaranty. 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. Settlement of Lawsuit Against Green Dot - As previously disclosed in the Company’s prior SEC filings, the Lawsuit arose from Green Dot’s inability to consummate the Sale Transaction contemplated in the TRS Purchase Agreement through which Green Dot would purchase all of the assets and operations of the Bank’s Tax Refund Solutions business. In accordance with the Settlement Agreement, on June 6, 2022, Green Dot paid $13 million to the Bank, which was in addition to a $5 million termination fee that Green Dot paid to the Bank during the first quarter of 2022 under the terms of the TRS Purchase Agreement. On June 6, 2022, the Bank and Green Dot submitted to the Delaware Court of Chancery a stipulation of dismissal of the Lawsuit, which was effective to dismiss the Lawsuit when filed. 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 represented the substantial majority of RCS activity during 2021 and 2022. Elastic Marketing, LLC and Elevate Decision Sciences, LLC are third-party service providers for the product and are 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 third-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 provider for the installment loans. This third-party 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 a third-party, who is an affiliate of the Bank’s 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 six months ended June 30, 2022: ASU. No. Topic Nature of Update Date Adopted Method of Adoption Financial Statement Impact 2020-06 Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity This ASU simplifies accounting for convertible instruments by removing major separation models required under current U.S. GAAP. Consequently, more convertible debt instruments will be reported as a single liability instrument and more convertible preferred stock as a single equity instrument with no separate accounting for embedded conversion features. The ASU removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception, which will permit more equity contracts to qualify for it. The ASU also simplifies the diluted earnings per share calculation in certain areas. January 1, 2022 Prospectively Immaterial 2021-04 Earnings Per Share (Topic 260), Debt— Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options This ASU provides guidance for a modification or an exchange of a freestanding equity-classified written call option that is not within the scope of another Topic. It specifically addresses: (1) How an entity should treat a modification of the terms or conditions or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange; (2) How an entity should measure the effect of a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange; and (3) How an entity should recognize the effect of a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange. January 1, 2022 Prospectively Immaterial Accounting Standards Update The following not-yet-effective ASUs were issued since the Company’s most recently filed Form 10-K and are considered relevant to the Company’s financial statements. Date Adoption Adoption Expected ASU. No. Topic Nature of Update Required Method Financial Impact 2022-02 Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures This ASU eliminates the TDR recognition and measurement guidance and, instead, requires the Company to evaluate (consistent with the accounting for other loan modifications) whether a modification represents a new loan or a continuation of an existing loan. This ASU also enhances existing disclosure requirements and introduces new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. January 1, 2023 Prospectively The Company is currently analyzing the impact of this ASU on its financial statements. 2022-03 Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to This ASU clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. January 1, 2024 Prospectively Immaterial

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
INVESTMENT SECURITIES	Jun. 30, 2022
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 June 30, 2022 (in thousands) Cost Gains Losses Credit Losses Value U.S. Treasury securities and U.S. Government agencies $ 400,771 $ 1 $ (17,680) $ — $ 383,092 Private label mortgage-backed security 1,156 1,322 — — 2,478 Mortgage-backed securities - residential 210,571 83 (12,384) — 198,270 Collateralized mortgage obligations 24,838 48 (341) — 24,545 Corporate bonds 10,000 — (34) (30) 9,936 Trust preferred security 3,712 112 — — 3,824 Total available-for-sale debt securities $ 651,048 $ 1,566 $ (30,439) $ (30) $ 622,145 Gross Gross Allowance Amortized Unrealized Unrealized for Fair December 31, 2021 (in thousands) Cost Gains Losses Credit Losses Value U.S. Treasury securities and U.S. Government agencies $ 239,880 $ 473 $ (2,894) $ — $ 237,459 Private label mortgage-backed security 1,418 1,313 — — 2,731 Mortgage-backed securities - residential 207,697 3,525 (473) — 210,749 Collateralized mortgage obligations 29,947 377 (30) — 30,294 Corporate bonds 10,000 46 — — 10,046 Trust preferred security 3,684 163 — — 3,847 Total available-for-sale debt securities $ 492,626 $ 5,897 $ (3,397) $ — $ 495,126 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 Amortized Unrecognized Unrecognized Fair for June 30, 2022 (in thousands) Cost Gains Losses Value Credit Losses Mortgage-backed securities - residential $ 29 $ — $ — $ 29 $ — Collateralized mortgage obligations 7,772 70 (20) 7,822 — Corporate bonds 24,966 8 (92) 24,882 (50) Obligations of state and political subdivisions 245 — — 245 — Total held-to-maturity debt securities $ 33,012 $ 78 $ (112) $ 32,978 $ (50) Gross Gross Allowance Amortized Unrecognized Unrecognized Fair for December 31, 2021 (in thousands) Cost Gains Losses Value Credit Losses Mortgage-backed securities - residential $ 46 $ — $ — $ 46 $ — Collateralized mortgage obligations 9,080 158 — 9,238 — Corporate bonds 34,975 263 (6) 35,232 (47) Obligations of state and political subdivisions 245 3 — 248 — Total held-to-maturity debt securities $ 44,346 $ 424 $ (6) $ 44,764 $ (47) Sales of Available-for-Sale Debt Securities During the three and six months ended June 30, 2022 and 2021, 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 June 30, 2022 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 Amortized Fair June 30, 2022 (in thousands) Cost Value Cost Value Due in one year or less $ 61,344 $ 61,128 $ 120 $ 120 Due from one year to five years 349,427 331,900 25,091 25,007 Due from five years to ten years — — — — Due beyond ten years 3,712 3,824 — — Private label mortgage-backed security 1,156 2,478 — — Mortgage-backed securities - residential 210,571 198,270 29 29 Collateralized mortgage obligations 24,838 24,545 7,772 7,822 Total debt securities $ 651,048 $ 622,145 $ 33,012 $ 32,978 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 June 30, 2022 and December 31, 2021, 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 June 30, 2022 (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 $ 296,890 $ (12,582) $ 64,902 $ (5,098) $ 361,792 $ (17,680) Mortgage-backed securities - residential 193,002 (12,384) — — 193,002 (12,384) Collateralized mortgage obligations 16,226 (341) — — 16,226 (341) Total available-for-sale debt securities $ 506,118 $ (25,307) $ 64,902 $ (5,098) $ 571,020 $ (30,405) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 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 $ 177,138 $ (2,622) $ 9,728 $ (272) $ 186,866 $ (2,894) Mortgage-backed securities - residential 84,937 (473) — — 84,937 (473) Collateralized mortgage obligations 4,495 (30) — — 4,495 (30) Total available-for-sale debt securities $ 266,570 $ (3,125) $ 9,728 $ (272) $ 276,298 $ (3,397) As of June 30, 2022, the Bank’s security portfolio consisted of 179 securities, 127 of which were in an unrealized loss position. As of December 31, 2021, the Bank’s security portfolio consisted of 173 securities, 29 of which were in an unrealized loss position. As of June 30, 2022 and December 31, 2021, 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. Private Label Mortgage-Backed Security The Bank owns one private label mortgage-backed security with a total carrying value of $2.5 million as of June 30, 2022. 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. Mortgage-Backed Securities and Collateralized Mortgage Obligations As of June 30, 2022, with the exception of the $2.5 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 June 30, 2022 and December 31, 2021, there were gross unrealized losses of $12.7 million and $503,000 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. Rollforward of the Allowance for Credit Losses on Debt Securities The table below presents a rollforward for the three months ended June 30, 2022 and 2021 of the ACLS on AFS and HTM debt securities: ACLS Rollforward Three Months Ended June 30, 2022 2021 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ — $ 30 $ — $ — $ 30 $ — $ — $ — $ — $ — Held-to-Maturity Securities: Corporate Bonds 40 10 — — 50 103 (47) — — 56 Total $ 40 $ 40 $ — $ — $ 80 $ 103 $ (47) $ — $ — $ 56 ACLS Rollforward Six Months Ended June 30, 2022 2021 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ — $ 30 $ — $ — $ 30 $ — $ — $ — $ — $ — Held-to-Maturity Securities: Corporate Bonds 47 3 — — 50 178 (122) — — 56 Total $ 47 $ 33 $ — $ — $ 80 $ 178 $ (122) $ — $ — $ 56 The Company increased the ACLS on its AFS and HTM corporate bonds during the three and six months ended June 30, 2022 based on increased PD and LGD estimates on these bonds. There were no HTM debt securities on nonaccrual or past due over 89 days as of June 30, 2022 and December 31, 2021. All of the Company’s HTM corporate bonds were rated investment grade as of June 30, 2022 and December 31, 2021. There were no HTM debt securities considered collateral dependent as of June 30, 2022 and December 31, 2021. 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 $2 million and $1 million as of June 30, 2022 and December 31, 2021. Accrued interest receivable on HTM debt securities totaled $118,000 and $89,000 as of June 30, 2022 and December 31, 2021. 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, were as follows: (in thousands) June 30, 2022 December 31, 2021 Carrying amount $ 415,244 $ 319,650 Fair value 415,244 319,808 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 June 30, 2022 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 189 $ — $ 189 Total equity securities with readily determinable fair values $ — $ 189 $ — $ 189 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2021 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 170 $ — $ 170 Community Reinvestment Act mutual fund 2,500 — (50) 2,450 Total equity securities with readily determinable fair values $ 2,500 $ 170 $ (50) $ 2,620 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 June 30, 2022 Three Months Ended June 30, 2021 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ 25 $ 25 $ — $ 191 $ 191 Community Reinvestment Act mutual fund (97) — (97) — 16 16 Total equity securities with readily determinable fair value $ (97) $ 25 $ (72) $ — $ 207 $ 207 Gains (Losses) Recognized on Equity Securities Six Months Ended June 30, 2022 Six Months Ended June 30, 2021 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ 19 $ 19 $ — $ (444) $ (444) Community Reinvestment Act mutual fund (209) — (209) — (38) (38) Total equity securities with readily determinable fair value $ (209) $ 19 $ (190) $ — $ (482) $ (482)

LOANS HELD FOR SALE

LOANS HELD FOR SALE	6 Months Ended
LOANS HELD FOR SALE	Jun. 30, 2022
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 Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 11,709 $ 3,970 $ 19,747 $ 3,298 Origination of consumer loans held for sale 98,704 49,607 195,436 68,697 Proceeds from the sale of consumer loans held for sale (94,435) (41,974) (201,083) (60,904) Net gain on sale of consumer loans held for sale 1,481 1,417 3,359 1,929 Balance, end of period $ 17,459 $ 13,020 $ 17,459 $ 13,020 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 Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 3,026 $ 11,701 $ 2,937 $ 1,478 Origination of consumer loans held for sale 184,078 137,164 332,560 235,348 Proceeds from the sale of consumer loans held for sale (174,994) (138,852) (324,626) (227,606) Net gain on sale of consumer loans held for sale 1,667 1,399 2,906 2,192 Balance, end of period $ 13,777 $ 11,412 $ 13,777 $ 11,412

LOANS AND ALLOWANCE FOR CREDIT

LOANS AND ALLOWANCE FOR CREDIT LOSSES	6 Months Ended
LOANS AND ALLOWANCE FOR CREDIT LOSSES	Jun. 30, 2022
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) June 30, 2022 December 31, 2021 Traditional Banking: Residential real estate: Owner occupied $ 832,137 $ 820,731 Nonowner occupied 313,534 306,323 Commercial real estate 1,569,119 1,456,009 Construction & land development 137,452 129,337 Commercial & industrial 394,175 340,363 Paycheck Protection Program 14,657 56,014 Lease financing receivables 11,345 8,637 Aircraft 159,958 142,894 Home equity 214,069 210,578 Consumer: Credit cards 15,419 14,510 Overdrafts 901 683 Automobile loans 9,579 14,448 Other consumer 1,245 1,432 Total Traditional Banking 3,673,590 3,501,959 Warehouse lines of credit* 596,678 850,550 Total Core Banking 4,270,268 4,352,509 Republic Processing Group: Tax Refund Solutions: Easy Advances — — Other TRS loans 149 50,987 Republic Credit Solutions 91,816 93,066 Total Republic Processing Group 91,965 144,053 Total loans* 4,362,233 4,496,562 Allowance for credit losses (64,449) (64,577) Total loans, net $ 4,297,784 $ 4,431,985 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) June 30, 2022 December 31, 2021 Contractually receivable $ 4,364,937 $ 4,498,671 Unearned income (679) (542) Unamortized premiums 111 116 Unaccreted discounts (574) (641) PPP net unamortized deferred origination (fees) and costs (303) (1,203) Other net unamortized deferred origination (fees) and costs (1,259) 161 Carrying value of loans $ 4,362,233 $ 4,496,562 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 cashflow needs during the COVID 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. As of June 30, 2022, net PPP loans of $15 million remained on the Traditional Bank’s balance sheet compared to $56 million as of December 31, 2021 . PPP fees recognized by the Company for the first six months of 2022 and 2021 were 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 June 30, 2022 remain unchanged from those defined in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. 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 June 30, 2022 2022 2021 2020 2019 Prior Cost Basis to Term Total Residential real estate owner occupied: Risk Rating Pass or not rated $ 95,596 $ 201,218 $ 200,132 $ 78,397 $ 235,958 $ — $ — $ 811,301 Special Mention — — — 189 7,681 — — 7,870 Substandard — 4 1,089 1,356 10,517 — — 12,966 Doubtful — — — — — — — — Total $ 95,596 $ 201,222 $ 201,221 $ 79,942 $ 254,156 $ — $ — $ 832,137 Residential real estate nonowner occupied: Risk Rating Pass or not rated $ 45,525 $ 98,419 $ 58,325 $ 36,582 $ 68,566 $ — $ 5,863 $ 313,280 Special Mention — — — — 126 — — 126 Substandard — 38 — — 90 — — 128 Doubtful — — — — — — — — Total $ 45,525 $ 98,457 $ 58,325 $ 36,582 $ 68,782 $ — $ 5,863 $ 313,534 Commercial real estate: Risk Rating Pass or not rated $ 252,650 $ 439,645 $ 228,470 $ 145,692 $ 315,211 $ 24,040 $ 104,446 $ 1,510,154 Special Mention 1,324 13,043 2,406 23,495 15,431 250 — 55,949 Substandard — — — — 3,016 — — 3,016 Doubtful — — — — — — — — Total $ 253,974 $ 452,688 $ 230,876 $ 169,187 $ 333,658 $ 24,290 $ 104,446 $ 1,569,119 Construction and land development: Risk Rating Pass or not rated $ 50,812 $ 76,293 $ 5,013 $ 770 $ 2,744 $ 1,820 $ — $ 137,452 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 50,812 $ 76,293 $ 5,013 $ 770 $ 2,744 $ 1,820 $ — $ 137,452 Commercial and industrial: Risk Rating Pass or not rated $ 53,046 $ 91,908 $ 26,068 $ 46,155 $ 52,459 $ 104,097 $ 2,824 $ 376,557 Special Mention 591 14,083 — 693 1,831 300 — 17,498 Substandard — — — 120 — — — 120 Doubtful — — — — — — — — Total $ 53,637 $ 105,991 $ 26,068 $ 46,968 $ 54,290 $ 104,397 $ 2,824 $ 394,175 Paycheck Protection Program: Risk Rating Pass or not rated $ — $ 12,207 $ 2,450 $ — $ — $ — $ — $ 14,657 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ 12,207 $ 2,450 $ — $ — $ — $ — $ 14,657 Lease financing receivables: Risk Rating Pass or not rated $ 4,423 $ 2,283 $ 617 $ 2,231 $ 1,791 $ — $ — $ 11,345 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 4,423 $ 2,283 $ 617 $ 2,231 $ 1,791 $ — $ — $ 11,345 Aircraft: Risk Rating Pass or not rated $ 32,905 $ 59,236 $ 39,231 $ 20,316 $ 8,270 $ — $ — $ 159,958 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 32,905 $ 59,236 $ 39,231 $ 20,316 $ 8,270 $ — $ — $ 159,958 Home equity: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 212,580 $ — $ 212,580 Special Mention — — — — — 348 — 348 Substandard — — — — — 1,141 — 1,141 Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 214,069 $ — $ 214,069 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year (Continued) Amortized Converted As of June 30, 2022 2022 2021 2020 2019 Prior Cost Basis to Term Total Consumer: Risk Rating Pass or not rated $ 828 $ 682 $ 280 $ 3,430 $ 6,065 $ 15,522 $ — $ 26,807 Special Mention — — — — — — — — Substandard — — — 13 324 — — 337 Doubtful — — — — — — — — Total $ 828 $ 682 $ 280 $ 3,443 $ 6,389 $ 15,522 $ — $ 27,144 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 596,678 $ — $ 596,678 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 596,678 $ — $ 596,678 TRS: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 149 $ — $ 149 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 149 $ — $ 149 RCS: Risk Rating Pass or not rated $ 4,438 $ 3,319 $ 2,049 $ 1,198 $ 27,648 $ 52,806 $ — $ 91,458 Special Mention — — — — — — — — Substandard — — — — — 358 — 358 Doubtful — — — — — — — — Total $ 4,438 $ 3,319 $ 2,049 $ 1,198 $ 27,648 $ 53,164 $ — $ 91,816 Grand Total: Risk Rating Pass or not rated $ 540,223 $ 985,210 $ 562,635 $ 334,771 $ 718,712 $ 1,007,692 $ 113,133 $ 4,262,376 Special Mention 1,915 27,126 2,406 24,377 25,069 898 — 81,791 Substandard — 42 1,089 1,489 13,947 1,499 — 18,066 Doubtful — — — — — — — — Grand Total $ 542,138 $ 1,012,378 $ 566,130 $ 360,637 $ 757,728 $ 1,010,089 $ 113,133 $ 4,362,233 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year Amortized Converted As of December 31, 2021 2021 2020 2019 2018 Prior Cost Basis to Term Total Residential real estate owner occupied: Risk Rating Pass or not rated $ 218,981 $ 213,010 $ 89,186 $ 50,301 $ 226,852 $ — $ — $ 798,330 Special Mention 301 — — 33 8,209 — — 8,543 Substandard 45 870 679 1,189 11,075 — — 13,858 Doubtful — — — — — — — — Total $ 219,327 $ 213,880 $ 89,865 $ 51,523 $ 246,136 $ — $ — $ 820,731 Residential real estate nonowner occupied: Risk Rating Pass or not rated $ 107,041 $ 65,786 $ 44,376 $ 29,292 $ 55,872 $ — $ 3,729 $ 306,096 Special Mention — — — — 132 — — 132 Substandard — — — — 95 — — 95 Doubtful — — — — — — — — Total $ 107,041 $ 65,786 $ 44,376 $ 29,292 $ 56,099 $ — $ 3,729 $ 306,323 Commercial real estate: Risk Rating Pass or not rated $ 472,095 $ 256,039 $ 153,224 $ 94,212 $ 286,223 $ 25,188 $ 80,211 $ 1,367,192 Special Mention 20,059 2,399 29,639 11,207 18,778 — — 82,082 Substandard — 111 266 2,453 3,905 — — 6,735 Doubtful — — — — — — — — Total $ 492,154 $ 258,549 $ 183,129 $ 107,872 $ 308,906 $ 25,188 $ 80,211 $ 1,456,009 Construction and land development: Risk Rating Pass or not rated $ 88,743 $ 30,593 $ 2,599 $ 1,155 $ 128 $ 1,925 $ — $ 125,143 Special Mention — 524 3,670 — — — — 4,194 Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 88,743 $ 31,117 $ 6,269 $ 1,155 $ 128 $ 1,925 $ — $ 129,337 Commercial and industrial: Risk Rating Pass or not rated $ 105,148 $ 34,361 $ 54,524 $ 18,110 $ 44,972 $ 60,454 $ 2,541 $ 320,110 Special Mention 15,015 1,921 785 34 1,956 350 — 20,061 Substandard — 13 179 — — — — 192 Doubtful — — — — — — — — Total $ 120,163 $ 36,295 $ 55,488 $ 18,144 $ 46,928 $ 60,804 $ 2,541 $ 340,363 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year (Continued) Amortized Converted As of December 31, 2021 2021 2020 2019 2018 Prior Cost Basis to Term Total Paycheck Protection Program: Risk Rating Pass or not rated $ 40,607 $ 15,407 $ — $ — $ — $ — $ — $ 56,014 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 40,607 $ 15,407 $ — $ — $ — $ — $ — $ 56,014 Lease financing receivables: Risk Rating Pass or not rated $ 2,638 $ 839 $ 2,641 $ 1,264 $ 1,255 $ — $ — $ 8,637 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 2,638 $ 839 $ 2,641 $ 1,264 $ 1,255 $ — $ — $ 8,637 Aircraft: Risk Rating Pass or not rated $ 65,886 $ 43,301 $ 22,933 $ 9,119 $ 1,655 $ — $ — $ 142,894 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 65,886 $ 43,301 $ 22,933 $ 9,119 $ 1,655 $ — $ — $ 142,894 Home equity: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 208,429 $ — $ 208,429 Special Mention — — — — — 279 — 279 Substandard — — — — — 1,870 — 1,870 Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 210,578 $ — $ 210,578 Consumer: Risk Rating Pass or not rated $ 978 $ 417 $ 4,694 $ 4,326 $ 5,768 $ 14,613 $ — $ 30,796 Special Mention — — — — — — — — Substandard — — 22 61 194 — — 277 Doubtful — — — — — — — — Total $ 978 $ 417 $ 4,716 $ 4,387 $ 5,962 $ 14,613 $ — $ 31,073 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 850,550 $ — $ 850,550 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 850,550 $ — $ 850,550 TRS: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 50,987 $ — $ 50,987 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 50,987 $ — $ 50,987 RCS: Risk Rating Pass or not rated $ 5,524 $ 3,409 $ 1,642 $ 869 $ 3,699 $ 77,544 $ — $ 92,687 Special Mention — — — — — — — — Substandard — — — — — 379 — 379 Doubtful — — — — — — — — Total $ 5,524 $ 3,409 $ 1,642 $ 869 $ 3,699 $ 77,923 $ — $ 93,066 Grand Total: Risk Rating Pass or not rated $ 1,107,641 $ 663,162 $ 375,819 $ 208,648 $ 626,424 $ 1,289,690 $ 86,481 $ 4,357,865 Special Mention 35,375 4,844 34,094 11,274 29,075 629 — 115,291 Substandard 45 994 1,146 3,703 15,269 2,249 — 23,406 Doubtful — — — — — — — — Grand Total $ 1,143,061 $ 669,000 $ 411,059 $ 223,625 $ 670,768 $ 1,292,568 $ 86,481 $ 4,496,562 Allowance for Credit Losses on Loans The following table presents the activity in the ACLL by portfolio class: ACLL Rollforward Three Months Ended June 30, 2022 2021 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 $ 8,358 $ 62 $ — $ 25 $ 8,445 $ 9,489 $ (530) $ — $ 18 $ 8,977 Nonowner occupied 2,746 (14) — 1 2,733 2,532 18 — 1 2,551 Commercial real estate 24,624 (284) — 1 24,341 23,801 (506) — 12 23,307 Construction & land development 3,893 (302) — — 3,591 3,593 (294) — — 3,299 Commercial & industrial 3,412 348 — 8 3,768 2,718 1,395 — 4 4,117 Paycheck Protection Program — — — — — — — — — — Lease financing receivables 109 10 — — 119 104 (7) — — 97 Aircraft 378 22 — — 400 265 38 — — 303 Home equity 4,044 (40) — 109 4,113 4,615 (344) — 34 4,305 Consumer: Credit cards 944 59 (31) 22 994 930 42 (33) 10 949 Overdrafts 716 315 (194) 64 901 473 281 (111) 74 717 Automobile loans 151 (32) — 3 122 334 (66) — 5 273 Other consumer 241 (38) (20) 17 200 533 (57) (17) 8 467 Total Traditional Banking 49,616 106 (245) 250 49,727 49,387 (30) (161) 166 49,362 Warehouse lines of credit 1,725 (234) — — 1,491 2,165 (65) — — 2,100 Total Core Banking 51,341 (128) (245) 250 51,218 51,552 (95) (161) 166 51,462 Republic Processing Group: Tax Refund Solutions: Easy Advances 8,315 564 (11,505) 2,626 — 16,019 (5,793) (10,256) 30 — Other TRS loans 55 (204) (153) 302 — 10 20 (30) — — Republic Credit Solutions 11,945 3,433 (2,411) 264 13,231 7,755 1,592 (597) 79 8,829 Total Republic Processing Group 20,315 3,793 (14,069) 3,192 13,231 23,784 (4,181) (10,883) 109 8,829 Total $ 71,656 $ 3,665 $ (14,314) $ 3,442 $ 64,449 $ 75,336 $ (4,276) $ (11,044) $ 275 $ 60,291 ACLL Rollforward Six Months Ended June 30, 2022 2021 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 $ 8,647 $ (269) $ — $ 67 $ 8,445 $ 9,715 $ (783) $ — $ 45 $ 8,977 Nonowner occupied 2,700 31 — 2 2,733 2,466 84 — 1 2,551 Commercial real estate 23,769 570 — 2 24,341 23,606 49 (428) 80 23,307 Construction & land development 4,128 (537) — — 3,591 3,274 25 — — 3,299 Commercial & industrial 3,487 264 — 17 3,768 2,797 1,309 — 11 4,117 Paycheck Protection Program — — — — — — — — — — Lease financing receivables 91 28 — — 119 106 (9) — — 97 Aircraft 357 43 — — 400 253 50 — — 303 Home equity 4,111 (110) — 112 4,113 4,990 (726) — 41 4,305 Consumer: Credit cards 934 91 (70) 39 994 929 86 (90) 24 949 Overdrafts 683 503 (408) 123 901 587 208 (249) 171 717 Automobile loans 186 (68) — 4 122 399 (144) — 18 273 Other consumer 314 (113) (30) 29 200 577 (109) (31) 30 467 Total Traditional Banking 49,407 433 (508) 395 49,727 49,699 40 (798) 421 49,362 Warehouse lines of credit 2,126 (635) — — 1,491 2,407 (307) — — 2,100 Total Core Banking 51,533 (202) (508) 395 51,218 52,106 (267) (798) 421 51,462 Republic Processing Group: Tax Refund Solutions: Easy Advances — 8,879 (11,505) 2,626 — — 10,226 (10,256) 30 — Other TRS loans 96 (607) (153) 664 — 158 (115) (51) 8 — Republic Credit Solutions 12,948 4,828 (5,084) 539 13,231 8,803 1,217 (1,362) 171 8,829 Total Republic Processing Group 13,044 13,100 (16,742) 3,829 13,231 8,961 11,328 (11,669) 209 8,829 Total $ 64,577 $ 12,898 $ (17,250) $ 4,224 $ 64,449 $ 61,067 $ 11,061 $ (12,467) $ 630 $ 60,291 The cumulative loss rate used as the basis for the estimate of the Company’s ACLL as of June 30, 2022 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 2022, 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) June 30, 2022 December 31, 2021 Loans on nonaccrual status* $ 16,168 $ 20,504 Loans past due 90-days-or-more and still on accrual** 42 48 Total nonperforming loans 16,210 20,552 Other real estate owned 1,687 1,792 Total nonperforming assets $ 17,897 $ 22,344 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.37 % 0.46 % Nonperforming assets to total loans (including OREO) 0.41 0.50 Nonperforming assets to total assets 0.29 0.37 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.38 % 0.47 % Nonperforming assets to total loans (including OREO) 0.42 0.51 Nonperforming assets to total assets 0.32 0.40 * 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) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Traditional Banking: Residential real estate: Owner occupied $ 11,538 $ 12,039 $ — $ — Nonowner occupied 128 95 — — Commercial real estate 3,228 6,557 — — Construction & land development — — — — Commercial & industrial — 13 — — Paycheck Protection Program — — — — Lease financing receivables — — — — Aircraft — — — — Home equity 1,016 1,700 — — Consumer: Credit cards — — — — Overdrafts — — — 1 Automobile loans 36 97 — — Other consumer 222 3 — — Total Traditional Banking 16,168 20,504 — 1 Warehouse lines of credit — — — — Total Core Banking 16,168 20,504 — 1 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — Other TRS loans — — — — Republic Credit Solutions — — 42 47 Total Republic Processing Group — — 42 47 Total $ 16,168 $ 20,504 $ 42 $ 48 * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. Three Months Ended Six Months Ended As of June 30, 2022 June 30, 2022 June 30, 2022 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 $ 18 $ 11,520 $ 11,538 $ 154 $ 257 Nonowner occupied 37 91 128 1 1 Commercial real estate 3,228 — 3,228 14 644 Construction & land development — — — — — Commercial & industrial — — — — — Paycheck Protection Program — — — — — Lease financing receivables — — — — — Aircraft — — — — — Home equity — 1,016 1,016 84 146 Consumer 11 247 258 48 52 Total $ 3,294 $ 12,874 $ 16,168 $ 301 $ 1,100 * Includes interest income for loans on nonaccrual as of the beginning of the period that were paid off during the period. Three Months Ended Six Months Ended As of December 31, 2021 June 30, 2021 June 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 $ 1,944 $ 10,095 $ 12,039 $ 166 $ 414 Nonowner occupied 31 64 95 2 3 Commercial real estate 4,105 2,452 6,557 36 51 Construction & land development — — — — — Commercial & industrial — 13 13 —

DEPOSITS

DEPOSITS	6 Months Ended
DEPOSITS	Jun. 30, 2022
DEPOSITS
DEPOSITS	5. DEPOSITS The composition of the deposit portfolio follows: (in thousands) June 30, 2022 December 31, 2021 Core Bank: Demand $ 1,338,061 $ 1,381,522 Money market accounts 775,560 789,876 Savings 331,508 311,624 Individual retirement accounts (1) 41,305 43,724 Time deposits, $250 and over (1) 51,976 81,050 Other certificates of deposit (1) 132,536 154,174 Reciprocal money market and time deposits (1) 52,862 77,950 Total Core Bank interest-bearing deposits 2,723,808 2,839,920 Total Core Bank noninterest-bearing deposits 1,676,974 1,579,173 Total Core Bank deposits 4,400,782 4,419,093 Republic Processing Group: Money market accounts 9,285 9,717 Total RPG interest-bearing deposits 9,285 9,717 Brokered prepaid card deposits 319,455 320,907 Other noninterest-bearing deposits 98,007 90,701 Total RPG noninterest-bearing deposits 417,462 411,608 Total RPG deposits 426,747 421,325 Total deposits $ 4,827,529 $ 4,840,418 (1) Includes time deposit .

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	6 Months Ended
	Jun. 30, 2022
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 As of June 30, 2022 and December 31, 2021, all securities sold under agreements to repurchase had overnight maturities. Additional information regarding securities sold under agreements to repurchase and other short-term borrowings follows: (dollars in thousands) June 30, 2022 December 31, 2021 Outstanding balance at end of period $ 303,315 $ 290,967 Weighted average interest rate at end of period 0.09 % 0.04 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 304,203 $ 108,813 Mortgage backed securities - residential 42,422 167,561 Collateralized mortgage obligations 1,190 33,441 Total securities pledged $ 347,815 $ 309,815 Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2022 2021 2022 2021 Average outstanding balance during the period $ 294,388 $ 169,888 $ 297,263 $ 181,216 Average interest rate during the period 0.07 % 0.02 % 0.05 % 0.02 % Maximum outstanding at any month end during the period $ 303,315 $ 174,928 $ 303,315 $ 200,704

RIGHT-OF-USE ASSETS AND OPERATI

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	6 Months Ended
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	Jun. 30, 2022
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 June 30, 2022, the Company was under 45 separate and distinct operating lease contracts to lease the land and/or buildings for 37 of its offices, with 12 such operating leases contracted with a related party of the Company. As of June 30, 2022, payments on The Company recorded one new third-party office lease, renewed one of its existing related-party leases, and extended four of its third-party leases during the first six months of 2022, with a related total right-of-use asset value of $5.0 million connected to this 2022 activity. 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 six months ended June 30, 2022 and 2021: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Operating lease expense: Related Party: Variable lease expense $ 1,269 $ 1,218 $ 2,535 $ 2,438 Fixed lease expense 57 34 92 68 Third Party: Variable lease expense 220 197 417 393 Fixed lease expense 349 342 693 684 Total operating lease expense $ 1,895 $ 1,791 $ 3,737 $ 3,583 Other information concerning operating leases: Cash paid for amounts included in the measurement of operating lease liabilities $ 1,707 $ 1,799 $ 3,412 $ 3,597 Cash paid for variable rent payments not included in measurement of operating lease liabilities 151 — 302 — Short-term lease payments not included in the measurement of lease liabilities — — — — 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 June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Weighted average remaining term in years 8.39 7.57 Weighted average discount rate 2.64 % 3.05 % 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 June 30, 2022: Year (dollars in thousands) Related Party Third Party Total 2022 $ 2,123 $ 1,309 $ 3,432 2023 4,274 2,429 6,703 2024 4,189 1,928 6,117 2025 4,053 1,396 5,449 2026 4,124 1,100 5,224 Thereafter 16,375 4,313 20,688 Total undiscounted cash flows $ 35,138 $ 12,475 $ 47,613 Discount applied to cash flows (3,398) (2,052) (5,450) Total discounted cash flows reported as operating lease liabilities $ 31,740 $ 10,423 $ 42,163

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	6 Months Ended
FEDERAL HOME LOAN BANK ADVANCES	Jun. 30, 2022
FEDERAL HOME LOAN BANK ADVANCES
FEDERAL HOME LOAN BANK ADVANCES	8. FEDERAL HOME LOAN BANK ADVANCES FHLB advances were as follows: (in thousands) June 30, 2022 December 31, 2021 Overnight advances $ — $ 25,000 Fixed interest rate advances 20,000 — Total FHLB advances $ 20,000 $ 25,000 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 June 30, 2022 and December 31, 2021, Republic had available borrowing capacity of $905 million and $900 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 June 30, 2022 and December 31, 2021. 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 2022 $ — — % 2023 — — 2024 — — 2025 — — 2026 — — 2027 20,000 1.89 Total $ 20,000 1.89 % 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 Six Months Ended June 30, June 30, (dollars in thousands) 2022 2021 2022 2021 Average outstanding balance during the period $ — $ 25,000 $ — $ 32,597 Average interest rate during the period — % 0.16 % — % 0.16 % Maximum outstanding at any month end during the period $ — $ 25,000 $ — $ 25,000 The following table illustrates real estate loans pledged to collateralize advances and letters of credit with the FHLB: (in thousands) June 30, 2022 December 31, 2021 First lien, single family residential real estate $ 1,036,228 $ 1,041,461 Home equity lines of credit 193,447 186,396

OFF BALANCE SHEET RISKS, COMMIT

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	6 Months Ended
	Jun. 30, 2022
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 Pandemic COVID was declared a pandemic by the World Health Organization on March 11, 2020. Since March 2020, jurisdictions within and outside the U.S. have imposed economic and social restrictions on the population, in general, and non-essential businesses to slow the spread of COVID. These restrictions, in combination with the public’s response to them, have disrupted supply chains and effectively suspended or curtailed economic activity for many industries across the U.S. and the world. Industries within the Company’s market footprint have been impacted by these supply chain disruptions as well as the corresponding inflationary pressures driven by them in combination with on-going governmental stimulus programs. The future potential financial impact of the COVID 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) June 30, 2022 December 31, 2021 Unused warehouse lines of credit $ 865,822 $ 565,950 Unused home equity lines of credit 368,820 348,681 Unused loan commitments - other 828,583 828,229 Standby letters of credit 10,951 11,305 FHLB letter of credit 643 643 Total commitments $ 2,074,819 $ 1,754,808 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 six months ended June 30, 2022 and 2021: ACLC Rollforward Three Months Ended 2022 2021 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 $ 130 $ 32 $ — $ — $ 162 $ 116 $ 24 $ — $ — $ 140 Unused home equity lines of credit 256 21 — — 277 194 19 — — 213 Unused loan commitments - other 654 7 — — 661 705 (124) — — 581 Total $ 1,040 $ 60 $ — $ — $ 1,100 $ 1,015 $ (81) $ — $ — $ 934 ACLC Rollforward Six Months Ended June 30, 2022 2021 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 $ 154 $ 8 $ — $ — $ 162 $ 79 $ 61 $ — $ — $ 140 Unused home equity lines of credit 247 30 — — 277 173 40 — — 213 Unused loan commitments - other 651 10 — — 661 737 (156) — — 581 Total $ 1,052 $ 48 $ — $ — $ 1,100 $ 989 $ (55) $ — $ — $ 934 The Company increased its ACLC during the three and six months ended June 30, 2022 based on an increase in total unused commitments.

FAIR VALUE

FAIR VALUE	6 Months Ended
FAIR VALUE	Jun. 30, 2022
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 U.S. Treasury securities are based on quoted market prices (Level 1 inputs) and considered highly liquid. 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 June 30, 2022. 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: Assets and liabilities measured at fair value on a recurring basis Fair Value Measurements at June 30, 2022 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 $ 230,771 $ 152,321 $ — $ 383,092 Private label mortgage-backed security — — 2,478 2,478 Mortgage-backed securities - residential — 198,270 — 198,270 Collateralized mortgage obligations — 24,545 — 24,545 Corporate bonds — 9,936 — 9,936 Trust preferred security — — 3,824 3,824 Total available-for-sale debt securities $ 230,771 $ 385,072 $ 6,302 $ 622,145 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 189 $ — $ 189 Total equity securities with readily determinable fair value $ — $ 189 $ — $ 189 Mortgage loans held for sale $ — $ 8,491 $ — $ 8,491 Consumer loans held for sale — — 17,459 17,459 Consumer loans held for investment — — 45 45 Rate lock loan commitments — 220 — 220 Mandatory forward contracts — 359 — 359 Interest rate swap agreements — 4,501 — 4,501 Financial liabilities: Interest rate swap agreements $ — $ 4,501 $ — $ 4,501 Fair Value Measurements at December 31, 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 $ 70,112 $ 167,347 $ — $ 237,459 Private label mortgage-backed security — — 2,731 2,731 Mortgage-backed securities - residential — 210,749 — 210,749 Collateralized mortgage obligations — 30,294 — 30,294 Corporate bonds — 10,046 — 10,046 Trust preferred security — — 3,847 3,847 Total available-for-sale debt securities $ 70,112 $ 418,436 $ 6,578 $ 495,126 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 170 $ — $ 170 Community Reinvestment Act mutual fund 2,450 — — 2,450 Total equity securities with readily determinable fair value $ 2,450 $ 170 $ — $ 2,620 Mortgage loans held for sale $ — $ 29,393 $ — $ 29,393 Consumer loans held for sale — — 19,747 19,747 Consumer loans held for investment — — 170 170 Rate lock loan commitments — 1,404 — 1,404 Mandatory forward contracts — 66 — 66 Interest rate swap agreements — 5,786 — 5,786 Financial liabilities: Interest rate swap agreements — 5,786 — 5,786 All transfers between levels are generally recognized at the end of each quarter. There were no transfers into or out of Level 1, 2, or 3 assets during the three months and six months ended June 30, 2022 and 2021. 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 Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 2,602 $ 2,863 $ 2,731 $ 2,957 Total gains or losses included in earnings: Net change in unrealized gain (15) 34 9 49 Principal paydowns (109) (73) (262) (182) Balance, end of period $ 2,478 $ 2,824 $ 2,478 $ 2,824 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 June 30, 2022 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage-backed security $ 2,478 Discounted cash flow (1) Constant prepayment rate 4.5% - 5.4% (2) Probability of default 1.8% - 9.3% (3) Loss severity 50% - 75% Fair Valuation December 31, 2021 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage-backed security $ 2,731 Discounted cash flow (1) Constant prepayment rate 4.5% - 5.7% (2) Probability of default 1.8% - 9.3% (3) Loss severity 50% - 75% Trust Preferred Security The following table presents a reconciliation of the Company’s TRUP measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 3,725 $ 3,650 $ 3,847 $ 3,800 Total gains or losses included in earnings: Discount accretion 14 13 28 26 Net change in unrealized gain 85 37 (51) (126) Balance, end of period $ 3,824 $ 3,700 $ 3,824 $ 3,700 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 June 30, 2022 and December 31, 2021. The aggregate fair value, contractual balance, and unrealized gain were as follows: (in thousands) June 30, 2022 December 31, 2021 Aggregate fair value $ 8,491 $ 29,393 Contractual balance 8,363 28,668 Unrealized gain 128 725 The total amount of gains and losses from changes in fair value included in earnings for the three and six months ended June 30, 2022 and 2021 for mortgage loans held for sale are presented in the following table: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Interest income $ 153 $ 140 $ 357 $ 549 Change in fair value 109 (143) (597) (1,154) Total included in earnings $ 262 $ (3) $ (240) $ (605) 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 June 30, 2022 and December 31, 2021. 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 June 30, 2022 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 17,459 Contract Terms (1) Net Premium 0.15% (2) Discounted Sales 10.00% Fair Valuation December 31, 2021 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 19,747 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) June 30, 2022 December 31, 2021 Aggregate fair value $ 17,459 $ 19,747 Contractual balance 17,563 19,633 Unrealized gain (104) 114 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 Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Interest income $ 2,990 $ 1,397 $ 5,880 $ 1,968 Change in fair value (181) 63 (218) 78 Total included in earnings $ 2,809 $ 1,460 $ 5,662 $ 2,046 Assets measured at fair value on a non-recurring basis Fair Value Measurements at June 30, 2022 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 $ — $ — $ 1,345 $ 1,345 Commercial real estate — — 2,475 2,475 Total collateral-dependent loans* $ — $ — $ 3,820 $ 3,820 Other real estate owned: Commercial real estate $ — $ — $ 1,687 $ 1,687 Total other real estate owned $ — $ — $ 1,687 $ 1,687 * 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. Fair Value Measurements at December 31, 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 $ — $ — $ 1,626 $ 1,626 Commercial real estate — — 2,841 2,841 Home equity — — 378 378 Total collateral-dependent loans* $ — $ — $ 4,845 $ 4,845 Other real estate owned: Residential real estate $ — $ — $ 1,792 $ 1,792 Total other real estate owned $ — $ — $ 1,792 $ 1,792 * 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 June 30, 2022 (dollars in thousands) Value Technique Inputs Average) Collateral-dependent loans - residential real estate owner occupied $ 1,345 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 41% (11%) Collateral-dependent loans - commercial real estate $ 2,475 Sales comparison approach Adjustments determined for differences between comparable sales 12% - 13% (12%) Other real estate owned - commercial real estate $ 1,687 Sales comparison approach Adjustments determined for differences between comparable sales 37% ( Range Fair Valuation Unobservable (Weighted December 31, 2021 (dollars in thousands) Value Technique Inputs Average) Collateral-dependent loans - residential real estate owner occupied $ 1,626 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 51% (10%) Collateral-dependent loans - commercial real estate $ 2,841 Sales comparison approach Adjustments determined for differences between comparable sales 12% - 13% (12%) Collateral-dependent loans - home equity $ 378 Sales comparison approach Adjustments determined for differences between comparable sales 2%-4% ( Other real estate owned - commercial real estate $ 1,792 Sales comparison approach Adjustments determined for differences between comparable sales 33% ( 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) June 30, 2022 December 31, 2021 Carrying amount of loans measured at fair value $ 4,024 $ 4,928 Estimated selling costs considered in carrying amount 714 842 Valuation allowance (918) (925) Total fair value $ 3,820 $ 4,845 Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Provision on collateral-dependent loans $ (7) $ 45 $ (4) $ 45 Other Real Estate Owned Details of other real estate owned carrying value and write downs follows: (in thousands) June 30, 2022 December 31, 2021 Other real estate owned carried at fair value $ 1,687 $ 1,792 Other real estate owned carried at cost — — Total carrying value of other real estate owned $ 1,687 $ 1,792 Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Other real estate owned write-downs during the period $ 54 $ 52 $ 105 $ 105 The carrying amounts and estimated exit price fair values of all financial instruments follow: Fair Value Measurements at June 30, 2022: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 795,143 $ 795,143 $ — $ — $ 795,143 Available-for-sale debt securities 622,145 230,771 385,072 6,302 622,145 Held-to-maturity debt securities 32,962 — 32,978 — 32,978 Equity securities with readily determinable fair values 189 — 189 — 189 Mortgage loans held for sale, at fair value 8,491 — 8,491 — 8,491 Consumer loans held for sale, at fair value 17,459 — — 17,459 17,459 Consumer loans held for sale, at the lower of cost or fair value 13,777 — — 13,777 13,777 Loans, net 4,297,784 — — 4,165,381 4,165,381 Federal Home Loan Bank stock 10,311 — — — NA Accrued interest receivable 9,872 — 9,872 — 9,872 Mortgage servicing rights 9,407 — 16,568 — 16,568 Rate lock loan commitments 220 — 220 — 220 Mandatory forward contracts 359 — 359 — 359 Interest rate swap agreements 4,501 — 4,501 — 4,501 Liabilities: Noninterest-bearing deposits $ 2,094,436 $ — $ 2,094,436 $ — $ 2,094,436 Transaction deposits 2,499,250 — 2,499,250 — 2,499,250 Time deposits 233,843 — 230,849 — 230,849 Securities sold under agreements to repurchase and other short-term borrowings 303,315 — 303,315 — 303,315 Federal Home Loan Bank advances 20,000 — 21,766 — 21,766 Accrued interest payable 162 — 162 — 162 Interest rate swap agreements 4,501 — 4,501 — 4,501 Fair Value Measurements at December 31, 2021: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 756,971 $ 756,971 $ — $ — $ 756,971 Available-for-sale debt securities 495,126 70,112 418,436 6,578 495,126 Held-to-maturity debt securities 44,299 — 44,764 — 44,764 Equity securities with readily determinable fair values 2,620 2,450 170 — 2,620 Mortgage loans held for sale, at fair value 29,393 — 29,393 — 29,393 Consumer loans held for sale, at fair value 19,747 — — 19,747 19,747 Consumer loans held for sale, at the lower of cost or fair value 2,937 — — 2,937 2,937 Loans, net 4,431,985 — — 4,445,244 4,445,244 Federal Home Loan Bank stock 10,311 — — — NA Accrued interest receivable 9,877 — 9,877 — 9,877 Mortgage servicing rights 9,196 — 11,540 — 11,540 Rate lock loan commitments 1,404 — 1,404 — 1,404 Mandatory forward contracts 66 — 66 — 66 Interest rate swap agreements 5,786 — 5,786 — 5,786 Liabilities: Noninterest-bearing deposits $ 1,990,781 $ — $ 1,990,781 $ — $ 1,990,781 Transaction deposits 2,553,423 — 2,553,423 — 2,553,423 Time deposits 296,214 — 298,236 — 298,236 Securities sold under agreements to repurchase and other short-term borrowings 290,967 — 290,967 — 290,967 Federal Home Loan Bank advances 25,000 — 25,000 — 25,000 Accrued interest payable 159 — 159 — 159 Interest rate swap agreements 5,786 — 5,786 — 5,786

MORTGAGE BANKING ACTIVITIES

MORTGAGE BANKING ACTIVITIES	6 Months Ended
MORTGAGE BANKING ACTIVITIES	Jun. 30, 2022
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 Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 13,302 $ 63,636 $ 29,393 $ 46,867 Origination of mortgage loans held for sale 61,489 141,177 162,150 354,764 Proceeds from the sale of mortgage loans held for sale (67,759) (176,424) (186,971) (380,239) Net gain on sale of mortgage loans held for sale 1,459 4,012 3,919 11,009 Balance, end of period $ 8,491 $ 32,401 $ 8,491 $ 32,401 The following table presents the components of Mortgage Banking income: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Net gain realized on sale of mortgage loans held for sale $ 2,674 $ 5,711 $ 5,407 $ 13,756 Net change in fair value recognized on loans held for sale 109 (143) (597) (1,154) Net change in fair value recognized on rate lock loan commitments (222) 299 (1,184) (2,338) Net change in fair value recognized on forward contracts (1,102) (1,855) 293 745 Net gain recognized 1,459 4,012 3,919 11,009 Loan servicing income 884 808 1,749 1,601 Amortization of mortgage servicing rights (580) (738) (1,248) (1,735) Change in mortgage servicing rights valuation allowance — 100 — 500 Net servicing income recognized 304 170 501 366 Total Mortgage Banking income $ 1,763 $ 4,182 $ 4,420 $ 11,375 Activity for capitalized mortgage servicing rights was as follows: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 9,502 $ 7,711 $ 9,196 $ 7,095 Additions 485 1,262 1,459 2,475 Amortized to expense (580) (738) (1,248) (1,735) Change in valuation allowance — 100 — 500 Balance, end of period $ 9,407 $ 8,335 $ 9,407 $ 8,335 Activity in the valuation allowance for capitalized mortgage servicing rights follows: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Beginning valuation allowance $ — $ 100 $ — $ 500 Charge during the period — (100) — (500) Ending valuation allowance $ — $ — $ — $ — Other information relating to mortgage servicing rights follows: (dollars in thousands) June 30, 2022 December 31, 2021 Fair value of mortgage servicing rights portfolio $ 16,568 $ 11,540 Monthly weighted average prepayment rate of unpaid principal balance* 128 % 208 % Discount rate 10.17 % 10.15 % Weighted average foreclosure rate 0.15 % 0.19 % Weighted average life in years 7.55 5.93 * 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: June 30, 2022 December 31, 2021 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 $ 8,363 $ 8,491 $ 28,668 $ 29,393 Included in other assets: Rate lock loan commitments $ 28,072 $ 220 $ 56,736 $ 1,404 Mandatory forward contracts 29,812 359 70,812 66

INTEREST RATE SWAPS

INTEREST RATE SWAPS	6 Months Ended
INTEREST RATE SWAPS	Jun. 30, 2022
INTEREST RATE SWAPS
INTEREST RATE SWAPS	12. INTEREST RATE SWAPS 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: June 30, 2022 December 31, 2021 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 22,009 $ 595 $ 107,502 $ 5,786 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed 93,757 (4,501) 16,423 (298) Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 115,766 $ (3,906) $ 123,925 $ 5,488 Offsetting interest rate swaps with institutional swap dealer Pay fixed/receive variable 115,766 3,906 123,925 (5,488) Total $ 231,532 $ — $ 247,850 $ — 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 $0 and $6.8 million as of June 30, 2022 and December 31, 2021.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
EARNINGS PER SHARE	Jun. 30, 2022
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 Six Months Ended June 30, June 30, (in thousands, except per share data) 2022 2021 2022 2021 Net income $ 23,901 $ 23,922 $ 51,827 $ 49,975 Dividends declared on Common Stock: Class A Shares (6,047) (5,680) (12,128) (11,423) Class B Shares (670) (608) (1,341) (1,224) Undistributed net income for basic earnings per share 17,184 17,634 38,358 37,328 Weighted average potential dividends on Class A shares upon exercise of dilutive options (21) (17) (49) (40) Undistributed net income for diluted earnings per share $ 17,163 $ 17,617 $ 38,309 $ 37,288 Weighted average shares outstanding: Class A Shares 17,946 18,712 17,968 18,761 Class B Shares 2,161 2,182 2,163 2,190 Effect of dilutive securities on Class A Shares outstanding 62 55 71 65 Weighted average shares outstanding including dilutive securities 20,169 20,949 20,202 21,016 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.34 $ 0.31 $ 0.68 $ 0.62 Undistributed earnings per share* 0.86 0.85 1.92 1.80 Total basic earnings per share - Class A Common Stock $ 1.20 $ 1.16 $ 2.60 $ 2.42 Class B Common Stock: Per share dividends distributed $ 0.31 $ 0.28 $ 0.62 $ 0.56 Undistributed earnings per share* 0.78 0.77 1.75 1.64 Total basic earnings per share - Class B Common Stock $ 1.09 $ 1.05 $ 2.37 $ 2.20 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.34 $ 0.31 $ 0.68 $ 0.62 Undistributed earnings per share* 0.86 0.85 1.91 1.79 Total diluted earnings per share - Class A Common Stock $ 1.20 $ 1.16 $ 2.59 $ 2.41 Class B Common Stock: Per share dividends distributed $ 0.31 $ 0.28 $ 0.62 $ 0.56 Undistributed earnings per share* 0.78 0.77 1.74 1.63 Total diluted earnings per share - Class B Common Stock $ 1.09 $ 1.05 $ 2.36 $ 2.19 * 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 Six Months Ended June 30, June 30, 2022 2021 2022 2021 Antidilutive stock options 187,000 149,000 186,000 169,000 Average antidilutive stock options 184,000 149,000 178,000 166,000

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME	6 Months Ended
OTHER COMPREHENSIVE INCOME	Jun. 30, 2022
OTHER COMPREHENSIVE INCOME
OTHER COMPREHENSIVE INCOME	14. OTHER COMPREHENSIVE INCOME OCI components and related tax effects were as follows: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Available-for-Sale Debt Securities: Unrealized losses on AFS debt securities $ (10,133) $ (614) $ (31,382) $ (2,643) Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings (15) 34 9 49 Net losses (10,148) (580) (31,373) (2,594) Tax effect 2,537 145 7,845 648 Net of tax (7,611) (435) $ (23,528) $ (1,946) The following is a summary of the AOCI balances, net of tax: 2022 (in thousands) December 31, 2021 Change June 30, 2022 Unrealized gain (loss) on AFS debt securities $ 890 $ (23,535) $ (22,645) Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings 984 7 991 Total unrealized gain (loss) $ 1,874 $ (23,528) $ (21,654) 2021 (in thousands) December 31, 2020 Change June 30, 2021 Unrealized gain on AFS debt securities $ 7,571 $ (1,982) $ 5,589 Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings 938 36 974 Total unrealized gain (loss) $ 8,509 $ (1,946) $ 6,563

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	6 Months Ended
REVENUE FROM CONTRACTS WITH CUSTOMERS	Jun. 30, 2022
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 by reportable segment: Three Months Ended June 30, 2022 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) $ 39,158 $ 3,886 $ 153 $ 43,197 $ 1,638 $ 6,397 $ 8,035 $ 51,232 Noninterest income: Service charges on deposit accounts 3,355 12 — 3,367 (4) — (4) 3,363 Net refund transfer fees — — — — 3,950 — 3,950 3,950 Mortgage banking income (1) — — 1,763 1,763 — — — 1,763 Interchange fee income 3,389 — — 3,389 72 — 72 3,461 Program fees (1) — — — — 736 3,149 3,885 3,885 Increase in cash surrender value of BOLI (1) 623 — — 623 — — — 623 Net losses on OREO (52) — — (52) — — — (52) Legal settlement — — — — 13,000 — 13,000 13,000 Other 416 — 46 462 111 — 111 573 Total noninterest income 7,731 12 1,809 9,552 17,865 3,149 21,014 30,566 Total net revenue $ 46,889 $ 3,898 $ 1,962 $ 52,749 $ 19,503 $ 9,546 $ 29,049 $ 81,798 Net-revenue concentration (2) 57 % 5 % 2 % 64 % 24 % 12 % 36 % 100 % Three Months Ended June 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) $ 38,278 $ 6,324 $ 140 $ 44,742 $ 623 $ 4,939 $ 5,562 $ 50,304 Noninterest income: Service charges on deposit accounts 3,061 14 — 3,075 (4) — (4) 3,071 Net refund transfer fees 2 — — 2 5,921 — 5,921 5,923 Mortgage banking income (1) — — 4,182 4,182 — — — 4,182 Interchange fee income 3,367 — — 3,367 114 — 114 3,481 Program fees (1) — — — — 715 2,627 3,342 3,342 Increase in cash surrender value of BOLI (1) 600 — — 600 — — — 600 Net losses on OREO (44) — — (44) — — — (44) Other 986 — 50 1,036 57 — 57 1,093 Total noninterest income 7,972 14 4,232 12,218 6,803 2,627 9,430 21,648 Total net revenue $ 46,250 $ 6,338 $ 4,372 $ 56,960 $ 7,426 $ 7,566 $ 14,992 $ 71,952 Net-revenue concentration (2) 64 % 9 % 6 % 79 % 10 % 11 % 21 % 100 % (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. Six Months Ended June 30, 2022 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) $ 75,306 $ 8,401 $ 357 $ 84,064 $ 17,042 $ 12,738 $ 29,780 $ 113,844 Noninterest income: Service charges on deposit accounts 6,574 25 — 6,599 (10) — (10) 6,589 Net refund transfer fees — — — — 16,001 — 16,001 16,001 Mortgage banking income (1) — — 4,420 4,420 — — — 4,420 Interchange fee income 6,401 — — 6,401 130 — 130 6,531 Program fees (1) — — — — 1,463 6,276 7,739 7,739 Increase in cash surrender value of BOLI (1) 1,235 — — 1,235 — — — 1,235 Net losses on OREO (105) — — (105) — — — (105) Contract termination fee — — — — 5,000 — 5,000 5,000 Legal settlement — — — — 13,000 — 13,000 13,000 Other 860 — 80 940 217 — 217 1,157 Total noninterest income 14,965 25 4,500 19,490 35,801 6,276 42,077 61,567 Total net revenue $ 90,271 $ 8,426 $ 4,857 $ 103,554 $ 52,843 $ 19,014 $ 71,857 $ 175,411 Net-revenue concentration (2) 51 % 5 % 3 % 59 % 30 % 11 % 41 % 100 % Six Months Ended June 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) $ 79,380 $ 13,096 $ 549 $ 93,025 $ 15,299 $ 9,846 $ 25,145 $ 118,170 Noninterest income: Service charges on deposit accounts 5,926 28 — 5,954 (10) — (10) 5,944 Net refund transfer fees 2 — — 2 18,642 — 18,642 18,644 Mortgage banking income (1) — — 11,375 11,375 — — — 11,375 Interchange fee income 6,336 — — 6,336 172 — 172 6,508 Program fees (1) — — — — 1,611 3,940 5,551 5,551 Increase in cash surrender value of BOLI (1) 990 — — 990 — — — 990 Net losses on OREO (55) — — (55) — — — (55) Other 1,557 — 78 1,635 77 — 77 1,712 Total noninterest income 14,756 28 11,453 26,237 20,492 3,940 24,432 50,669 Total net revenue $ 94,136 $ 13,124 $ 12,002 $ 119,262 $ 35,791 $ 13,786 $ 49,577 $ 168,839 Net-revenue concentration (2) 56 % 8 % 7 % 71 % 21 % 8 % 29 % 100 % (3) This revenue is not subject to ASC 606. (4) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. The following represents information for significant revenue streams subject to ASC 606: Service charges on deposit accounts Net refund transfer fees superior to the claims of other third-party service providers, including the Tax Providers. The remainder of the refund is disbursed to the taxpayer by a Bank check printed at a tax office, direct deposit to the taxpayer’s personal bank account, or loaded to a prepaid card. The Company executes contracts with individual Tax Providers to offer RTs to their taxpayer customers. RT revenue is recognized by the Bank immediately after the taxpayer’s refund is disbursed in accordance with the RT contract with the taxpayer customer. The fee paid by the taxpayer for the RT is shared between the Bank and the Tax Providers based on contracts executed between the parties. The Company presents RT revenue net of any amounts shared with the Tax Providers. The Bank’s share of RT revenue is generally based on the obligations undertaken by the Tax Provider for each individual RT program, with more obligations generally corresponding to higher RT revenue share. The significant majority of net RT revenue is recognized and obligations under RT contracts fulfilled by the Bank during the first half of each year. Incremental expenses associated with the fulfillment of RT contracts are generally expensed during the first half of the year. Interchange fee income The Company compensates its cardholders by way of cash or other “rewards” for generating card transactions. These rewards are disclosed in cardholder agreements between the Company and its cardholders. Reward costs are accrued over time based on card transactions generated by the cardholder. Interchange fee income is presented net of reward costs within noninterest income. Net gains/(losses) on other real estate – The Company routinely sells OREO it has acquired through loan foreclosure. Net gains/(losses) on OREO reflect both 1) the gain or loss recognized upon an executed deed and 2) mark-to-market writedowns the Company takes on its OREO inventory. The Company generally recognizes gains or losses on OREO at the time of an executed deed, although gains may be recognized over a financing period if the Company finances the sale. For financed OREO sales, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on sale, the Company adjusts the transaction price and related gain/(loss) on sale if a significant financing component is present. Mark-to-market writedowns taken by the Company during the property’s holding period are generally at least 10% per year, but may be higher based on updated real estate appraisals or BPOs. Incremental expenditures to bring OREO to salable condition are generally expensed as-incurred. Contract termination fee – During the first quarter of 2022, RB&T provided Green Dot a notice of termination for the May 2021 Purchase Agreement for the sale of substantially all of RB&T’s TRS assets and operations to Green Dot. As a result of this contract termination, Green Dot paid RB&T a contract termination fee of Legal settlement

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
SEGMENT INFORMATION	Jun. 30, 2022
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 June 30, 2022, the Company was divided into five reportable segments: Traditional Banking, Warehouse, Mortgage Banking, TRS, and RCS. Management considers the first three segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last two segments collectively constitute RPG operations. The nature of segment operations and the primary drivers of net revenue by reportable segment are provided below: Reportable Segment: Nature of Operations: Primary Drivers of Net Revenue: Core Banking: Traditional Banking Provides traditional banking products to clients in its market footprint primarily via its network of banking centers and to clients outside of its market footprint primarily via its digital delivery channels. Loans, investments, and deposits Warehouse Lending Provides short-term, revolving credit facilities to mortgage bankers across the United States. Mortgage warehouse lines of credit Mortgage Banking Primarily originates, sells, and services long-term, single-family, first-lien residential real estate loans primarily to clients in the Bank's market footprint. Loan sales and servicing Republic Processing Group: Tax Refund Solutions TRS offers tax-related credit products and facilitates the receipt and payment of federal and state tax refunds through Refund Transfer products. The RPS division of TRS offers general-purpose reloadable cards. TRS and RPS products are primarily provided to clients outside of the Bank’s market footprint. Loans, refund transfers, and prepaid cards. Republic Credit Solutions Offers consumer credit products. RCS products are primarily provided to clients outside of the Bank’s market footprint, with a substantial portion of RCS clients considered subprime or near-prime borrowers. Unsecured, consumer loans The accounting policies used for Republic’s reportable segments are generally the same as those described in the summary of significant accounting policies in the Company’s 2021 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 June 30, 2022 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 $ 39,158 $ 3,886 $ 153 $ 43,197 $ 1,638 $ 6,397 $ 8,035 $ 51,232 Provision for expected credit loss expense 146 (234) — (88) 360 3,433 3,793 3,705 Net refund transfer fees — — — — 3,950 — 3,950 3,950 Mortgage banking income — — 1,763 1,763 — — — 1,763 Program fees — — — — 736 3,149 3,885 3,885 Legal settlement — — — — 13,000 — 13,000 13,000 Other noninterest income 7,731 12 46 7,789 179 — 179 7,968 Total noninterest income 7,731 12 1,809 9,552 17,865 3,149 21,014 30,566 Total noninterest expense 38,314 1,035 2,832 42,181 3,533 1,939 5,472 47,653 Income (loss) before income tax expense 8,429 3,097 (870) 10,656 15,610 4,174 19,784 30,440 Income tax expense (benefit) 1,647 692 (191) 2,148 3,465 926 4,391 6,539 Net income (loss) $ 6,782 $ 2,405 $ (679) $ 8,508 $ 12,145 $ 3,248 $ 15,393 $ 23,901 Period-end assets $ 4,997,734 $ 596,031 $ 22,342 $ 5,616,107 $ 382,156 $ 114,213 $ 496,369 $ 6,112,476 Net interest margin 3.06 % 2.69 % NM 3.02 % NM NM NM 3.51 % Net-revenue concentration* 57 % 5 % 2 % 64 % 24 % 12 % 36 % 100 % Three Months Ended June 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 $ 38,278 $ 6,324 $ 140 $ 44,742 $ 623 $ 4,939 $ 5,562 $ 50,304 Provision for expected credit loss expense (77) (65) — (142) (5,773) 1,592 (4,181) (4,323) Net refund transfer fees 2 — — 2 5,921 — 5,921 5,923 Mortgage banking income — — 4,182 4,182 — — — 4,182 Program fees — — — — 715 2,627 3,342 3,342 Other noninterest income 7,970 14 50 8,034 167 — 167 8,201 Total noninterest income 7,972 14 4,232 12,218 6,803 2,627 9,430 21,648 Total noninterest expense 36,939 1,066 3,006 41,011 3,697 1,006 4,703 45,714 Income before income tax expense 9,388 5,337 1,366 16,091 9,502 4,968 14,470 30,561 Income tax expense 1,555 1,227 301 3,083 2,326 1,230 3,556 6,639 Net income $ 7,833 $ 4,110 $ 1,065 $ 13,008 $ 7,176 $ 3,738 $ 10,914 $ 23,922 Period-end assets $ 4,774,765 $ 840,083 $ 46,816 $ 5,661,664 $ 389,999 $ 131,647 $ 521,646 $ 6,183,310 Net interest margin 2.97 % 3.48 % NM 3.03 % NM NM NM 3.33 % Net-revenue concentration* 64 % 9 % 6 % 79 % 10 % 11 % 21 % 100 % * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. Six Months Ended June 30, 2022 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 $ 75,306 $ 8,401 $ 357 $ 84,064 $ 17,042 $ 12,738 $ 29,780 $ 113,844 Provision for expected credit loss expense 466 (635) — (169) 8,272 4,828 13,100 12,931 Net refund transfer fees — — — — 16,001 — 16,001 16,001 Mortgage banking income — — 4,420 4,420 — — — 4,420 Program fees — — — — 1,463 6,276 7,739 7,739 Contract termination fee — — — — 5,000 — 5,000 5,000 Legal settlement — — — — 13,000 — 13,000 13,000 Other noninterest income 14,965 25 80 15,070 337 — 337 15,407 Total noninterest income 14,965 25 4,500 19,490 35,801 6,276 42,077 61,567 Total noninterest expense 76,533 1,987 5,522 84,042 8,678 3,506 12,184 96,226 Income (loss) before income tax expense 13,272 7,074 (665) 19,681 35,893 10,680 46,573 66,254 Income tax expense (benefit) 2,119 1,596 (146) 3,569 8,371 2,487 10,858 14,427 Net income (loss) $ 11,153 $ 5,478 $ (519) $ 16,112 $ 27,522 $ 8,193 $ 35,715 $ 51,827 Period-end assets $ 4,997,734 $ 596,031 $ 22,342 $ 5,616,107 $ 382,156 $ 114,213 $ 496,369 $ 6,112,476 Net interest margin 2.98 % 2.89 % NM 2.97 % NM NM NM 3.90 % Net-revenue concentration* 51 % 5 % 3 % 59 % 30 % 11 % 41 % 100 % Six Months Ended June 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 $ 79,380 $ 13,096 $ 549 $ 93,025 $ 15,299 $ 9,846 $ 25,145 $ 118,170 Provision for expected credit loss expense (82) (307) — (389) 10,111 1,217 11,328 10,939 Net refund transfer fees 2 — — 2 18,642 — 18,642 18,644 Mortgage banking income — — 11,375 11,375 — — — 11,375 Program fees — — — — 1,611 3,940 5,551 5,551 Other noninterest income 14,754 28 78 14,860 239 — 239 15,099 Total noninterest income 14,756 28 11,453 26,237 20,492 3,940 24,432 50,669 Total noninterest expense 74,267 2,094 6,127 82,488 8,999 2,108 11,107 93,595 Income before income tax expense 19,951 11,337 5,875 37,163 16,681 10,461 27,142 64,305 Income tax expense 3,680 2,661 1,293 7,634 4,096 2,600 6,696 14,330 Net income $ 16,271 $ 8,676 $ 4,582 $ 29,529 $ 12,585 $ 7,861 $ 20,446 $ 49,975 Period-end assets $ 4,774,765 $ 840,083 $ 46,816 $ 5,661,664 $ 389,999 $ 131,647 $ 521,646 $ 6,183,310 Net interest margin 3.21 % 3.45 % NM 3.24 % NM NM NM 3.98 % Net-revenue concentration* 56 % 8 % 7 % 71 % 21 % 8 % 29 % 100 % * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jun. 30, 2022
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. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. Operating results for the three months ended June 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. 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, 2021. As of June 30, 2022, 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. 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 — 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 2022 and 2021: ● 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 a DDA Card, 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. The Company reports fees paid for the EA product as interest income on loans. During 2021, EAs were repaid, on average, within 32 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 in 2022 and 2021 if it remained unpaid 35 days 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 are recorded as recoveries of previously charged-off loans unless such recovery is subject to guarantor reimbursement under a loan-loss guaranty. 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. Settlement of Lawsuit Against Green Dot - As previously disclosed in the Company’s prior SEC filings, the Lawsuit arose from Green Dot’s inability to consummate the Sale Transaction contemplated in the TRS Purchase Agreement through which Green Dot would purchase all of the assets and operations of the Bank’s Tax Refund Solutions business. In accordance with the Settlement Agreement, on June 6, 2022, Green Dot paid $13 million to the Bank, which was in addition to a $5 million termination fee that Green Dot paid to the Bank during the first quarter of 2022 under the terms of the TRS Purchase Agreement. On June 6, 2022, the Bank and Green Dot submitted to the Delaware Court of Chancery a stipulation of dismissal of the Lawsuit, which was effective to dismiss the Lawsuit when filed. 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 represented the substantial majority of RCS activity during 2021 and 2022. Elastic Marketing, LLC and Elevate Decision Sciences, LLC are third-party service providers for the product and are 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 third-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 provider for the installment loans. This third-party 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 a third-party, who is an affiliate of the Bank’s 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 six months ended June 30, 2022: ASU. No. Topic Nature of Update Date Adopted Method of Adoption Financial Statement Impact 2020-06 Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity This ASU simplifies accounting for convertible instruments by removing major separation models required under current U.S. GAAP. Consequently, more convertible debt instruments will be reported as a single liability instrument and more convertible preferred stock as a single equity instrument with no separate accounting for embedded conversion features. The ASU removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception, which will permit more equity contracts to qualify for it. The ASU also simplifies the diluted earnings per share calculation in certain areas. January 1, 2022 Prospectively Immaterial 2021-04 Earnings Per Share (Topic 260), Debt— Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options This ASU provides guidance for a modification or an exchange of a freestanding equity-classified written call option that is not within the scope of another Topic. It specifically addresses: (1) How an entity should treat a modification of the terms or conditions or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange; (2) How an entity should measure the effect of a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange; and (3) How an entity should recognize the effect of a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange. January 1, 2022 Prospectively Immaterial Accounting Standards Update The following not-yet-effective ASUs were issued since the Company’s most recently filed Form 10-K and are considered relevant to the Company’s financial statements. Date Adoption Adoption Expected ASU. No. Topic Nature of Update Required Method Financial Impact 2022-02 Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures This ASU eliminates the TDR recognition and measurement guidance and, instead, requires the Company to evaluate (consistent with the accounting for other loan modifications) whether a modification represents a new loan or a continuation of an existing loan. This ASU also enhances existing disclosure requirements and introduces new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. January 1, 2023 Prospectively The Company is currently analyzing the impact of this ASU on its financial statements. 2022-03 Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to This ASU clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. January 1, 2024 Prospectively Immaterial

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Jun. 30, 2022
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedules of Accounting Standards Updates	The following ASUs were adopted by the Company during the six months ended June 30, 2022: ASU. No. Topic Nature of Update Date Adopted Method of Adoption Financial Statement Impact 2020-06 Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity This ASU simplifies accounting for convertible instruments by removing major separation models required under current U.S. GAAP. Consequently, more convertible debt instruments will be reported as a single liability instrument and more convertible preferred stock as a single equity instrument with no separate accounting for embedded conversion features. The ASU removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception, which will permit more equity contracts to qualify for it. The ASU also simplifies the diluted earnings per share calculation in certain areas. January 1, 2022 Prospectively Immaterial 2021-04 Earnings Per Share (Topic 260), Debt— Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options This ASU provides guidance for a modification or an exchange of a freestanding equity-classified written call option that is not within the scope of another Topic. It specifically addresses: (1) How an entity should treat a modification of the terms or conditions or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange; (2) How an entity should measure the effect of a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange; and (3) How an entity should recognize the effect of a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange. January 1, 2022 Prospectively Immaterial Date Adoption Adoption Expected ASU. No. Topic Nature of Update Required Method Financial Impact 2022-02 Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures This ASU eliminates the TDR recognition and measurement guidance and, instead, requires the Company to evaluate (consistent with the accounting for other loan modifications) whether a modification represents a new loan or a continuation of an existing loan. This ASU also enhances existing disclosure requirements and introduces new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. January 1, 2023 Prospectively The Company is currently analyzing the impact of this ASU on its financial statements. 2022-03 Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to This ASU clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. January 1, 2024 Prospectively Immaterial

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
INVESTMENT SECURITIES (Tables)	Jun. 30, 2022
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 June 30, 2022 (in thousands) Cost Gains Losses Credit Losses Value U.S. Treasury securities and U.S. Government agencies $ 400,771 $ 1 $ (17,680) $ — $ 383,092 Private label mortgage-backed security 1,156 1,322 — — 2,478 Mortgage-backed securities - residential 210,571 83 (12,384) — 198,270 Collateralized mortgage obligations 24,838 48 (341) — 24,545 Corporate bonds 10,000 — (34) (30) 9,936 Trust preferred security 3,712 112 — — 3,824 Total available-for-sale debt securities $ 651,048 $ 1,566 $ (30,439) $ (30) $ 622,145 Gross Gross Allowance Amortized Unrealized Unrealized for Fair December 31, 2021 (in thousands) Cost Gains Losses Credit Losses Value U.S. Treasury securities and U.S. Government agencies $ 239,880 $ 473 $ (2,894) $ — $ 237,459 Private label mortgage-backed security 1,418 1,313 — — 2,731 Mortgage-backed securities - residential 207,697 3,525 (473) — 210,749 Collateralized mortgage obligations 29,947 377 (30) — 30,294 Corporate bonds 10,000 46 — — 10,046 Trust preferred security 3,684 163 — — 3,847 Total available-for-sale debt securities $ 492,626 $ 5,897 $ (3,397) $ — $ 495,126
Schedule of carrying value, gross unrecognized gains and losses, and fair value of held-to-maturity debt securities	Gross Gross Allowance Amortized Unrecognized Unrecognized Fair for June 30, 2022 (in thousands) Cost Gains Losses Value Credit Losses Mortgage-backed securities - residential $ 29 $ — $ — $ 29 $ — Collateralized mortgage obligations 7,772 70 (20) 7,822 — Corporate bonds 24,966 8 (92) 24,882 (50) Obligations of state and political subdivisions 245 — — 245 — Total held-to-maturity debt securities $ 33,012 $ 78 $ (112) $ 32,978 $ (50) Gross Gross Allowance Amortized Unrecognized Unrecognized Fair for December 31, 2021 (in thousands) Cost Gains Losses Value Credit Losses Mortgage-backed securities - residential $ 46 $ — $ — $ 46 $ — Collateralized mortgage obligations 9,080 158 — 9,238 — Corporate bonds 34,975 263 (6) 35,232 (47) Obligations of state and political subdivisions 245 3 — 248 — Total held-to-maturity debt securities $ 44,346 $ 424 $ (6) $ 44,764 $ (47)
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 Amortized Fair June 30, 2022 (in thousands) Cost Value Cost Value Due in one year or less $ 61,344 $ 61,128 $ 120 $ 120 Due from one year to five years 349,427 331,900 25,091 25,007 Due from five years to ten years — — — — Due beyond ten years 3,712 3,824 — — Private label mortgage-backed security 1,156 2,478 — — Mortgage-backed securities - residential 210,571 198,270 29 29 Collateralized mortgage obligations 24,838 24,545 7,772 7,822 Total debt securities $ 651,048 $ 622,145 $ 33,012 $ 32,978
Schedule of debt securities with unrealized losses	Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized June 30, 2022 (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 $ 296,890 $ (12,582) $ 64,902 $ (5,098) $ 361,792 $ (17,680) Mortgage-backed securities - residential 193,002 (12,384) — — 193,002 (12,384) Collateralized mortgage obligations 16,226 (341) — — 16,226 (341) Total available-for-sale debt securities $ 506,118 $ (25,307) $ 64,902 $ (5,098) $ 571,020 $ (30,405) Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized December 31, 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 $ 177,138 $ (2,622) $ 9,728 $ (272) $ 186,866 $ (2,894) Mortgage-backed securities - residential 84,937 (473) — — 84,937 (473) Collateralized mortgage obligations 4,495 (30) — — 4,495 (30) Total available-for-sale debt securities $ 266,570 $ (3,125) $ 9,728 $ (272) $ 276,298 $ (3,397)
Schedule of allowance for credit losses on investment	ACLS Rollforward Three Months Ended June 30, 2022 2021 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ — $ 30 $ — $ — $ 30 $ — $ — $ — $ — $ — Held-to-Maturity Securities: Corporate Bonds 40 10 — — 50 103 (47) — — 56 Total $ 40 $ 40 $ — $ — $ 80 $ 103 $ (47) $ — $ — $ 56 ACLS Rollforward Six Months Ended June 30, 2022 2021 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ — $ 30 $ — $ — $ 30 $ — $ — $ — $ — $ — Held-to-Maturity Securities: Corporate Bonds 47 3 — — 50 178 (122) — — 56 Total $ 47 $ 33 $ — $ — $ 80 $ 178 $ (122) $ — $ — $ 56
Schedule of pledged investment securities	(in thousands) June 30, 2022 December 31, 2021 Carrying amount $ 415,244 $ 319,650 Fair value 415,244 319,808
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 June 30, 2022 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 189 $ — $ 189 Total equity securities with readily determinable fair values $ — $ 189 $ — $ 189 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2021 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 170 $ — $ 170 Community Reinvestment Act mutual fund 2,500 — (50) 2,450 Total equity securities with readily determinable fair values $ 2,500 $ 170 $ (50) $ 2,620
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 June 30, 2022 Three Months Ended June 30, 2021 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ 25 $ 25 $ — $ 191 $ 191 Community Reinvestment Act mutual fund (97) — (97) — 16 16 Total equity securities with readily determinable fair value $ (97) $ 25 $ (72) $ — $ 207 $ 207 Gains (Losses) Recognized on Equity Securities Six Months Ended June 30, 2022 Six Months Ended June 30, 2021 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ 19 $ 19 $ — $ (444) $ (444) Community Reinvestment Act mutual fund (209) — (209) — (38) (38) Total equity securities with readily determinable fair value $ (209) $ 19 $ (190) $ — $ (482) $ (482)

LOANS HELD FOR SALE (Tables)

LOANS HELD FOR SALE (Tables)	6 Months Ended
LOANS HELD FOR SALE (Tables)	Jun. 30, 2022
LOANS HELD FOR SALE.
Schedule of activity of consumer loans held for sale and carried at fair value	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 11,709 $ 3,970 $ 19,747 $ 3,298 Origination of consumer loans held for sale 98,704 49,607 195,436 68,697 Proceeds from the sale of consumer loans held for sale (94,435) (41,974) (201,083) (60,904) Net gain on sale of consumer loans held for sale 1,481 1,417 3,359 1,929 Balance, end of period $ 17,459 $ 13,020 $ 17,459 $ 13,020
Schedule of activity of consumer loans held for sale and carried at lower of cost or fair value	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 3,026 $ 11,701 $ 2,937 $ 1,478 Origination of consumer loans held for sale 184,078 137,164 332,560 235,348 Proceeds from the sale of consumer loans held for sale (174,994) (138,852) (324,626) (227,606) Net gain on sale of consumer loans held for sale 1,667 1,399 2,906 2,192 Balance, end of period $ 13,777 $ 11,412 $ 13,777 $ 11,412

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	6 Months Ended
LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	Jun. 30, 2022
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Schedule of composition of loan portfolio	(in thousands) June 30, 2022 December 31, 2021 Traditional Banking: Residential real estate: Owner occupied $ 832,137 $ 820,731 Nonowner occupied 313,534 306,323 Commercial real estate 1,569,119 1,456,009 Construction & land development 137,452 129,337 Commercial & industrial 394,175 340,363 Paycheck Protection Program 14,657 56,014 Lease financing receivables 11,345 8,637 Aircraft 159,958 142,894 Home equity 214,069 210,578 Consumer: Credit cards 15,419 14,510 Overdrafts 901 683 Automobile loans 9,579 14,448 Other consumer 1,245 1,432 Total Traditional Banking 3,673,590 3,501,959 Warehouse lines of credit* 596,678 850,550 Total Core Banking 4,270,268 4,352,509 Republic Processing Group: Tax Refund Solutions: Easy Advances — — Other TRS loans 149 50,987 Republic Credit Solutions 91,816 93,066 Total Republic Processing Group 91,965 144,053 Total loans* 4,362,233 4,496,562 Allowance for credit losses (64,449) (64,577) Total loans, net $ 4,297,784 $ 4,431,985 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) June 30, 2022 December 31, 2021 Contractually receivable $ 4,364,937 $ 4,498,671 Unearned income (679) (542) Unamortized premiums 111 116 Unaccreted discounts (574) (641) PPP net unamortized deferred origination (fees) and costs (303) (1,203) Other net unamortized deferred origination (fees) and costs (1,259) 161 Carrying value of loans $ 4,362,233 $ 4,496,562
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 June 30, 2022 2022 2021 2020 2019 Prior Cost Basis to Term Total Residential real estate owner occupied: Risk Rating Pass or not rated $ 95,596 $ 201,218 $ 200,132 $ 78,397 $ 235,958 $ — $ — $ 811,301 Special Mention — — — 189 7,681 — — 7,870 Substandard — 4 1,089 1,356 10,517 — — 12,966 Doubtful — — — — — — — — Total $ 95,596 $ 201,222 $ 201,221 $ 79,942 $ 254,156 $ — $ — $ 832,137 Residential real estate nonowner occupied: Risk Rating Pass or not rated $ 45,525 $ 98,419 $ 58,325 $ 36,582 $ 68,566 $ — $ 5,863 $ 313,280 Special Mention — — — — 126 — — 126 Substandard — 38 — — 90 — — 128 Doubtful — — — — — — — — Total $ 45,525 $ 98,457 $ 58,325 $ 36,582 $ 68,782 $ — $ 5,863 $ 313,534 Commercial real estate: Risk Rating Pass or not rated $ 252,650 $ 439,645 $ 228,470 $ 145,692 $ 315,211 $ 24,040 $ 104,446 $ 1,510,154 Special Mention 1,324 13,043 2,406 23,495 15,431 250 — 55,949 Substandard — — — — 3,016 — — 3,016 Doubtful — — — — — — — — Total $ 253,974 $ 452,688 $ 230,876 $ 169,187 $ 333,658 $ 24,290 $ 104,446 $ 1,569,119 Construction and land development: Risk Rating Pass or not rated $ 50,812 $ 76,293 $ 5,013 $ 770 $ 2,744 $ 1,820 $ — $ 137,452 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 50,812 $ 76,293 $ 5,013 $ 770 $ 2,744 $ 1,820 $ — $ 137,452 Commercial and industrial: Risk Rating Pass or not rated $ 53,046 $ 91,908 $ 26,068 $ 46,155 $ 52,459 $ 104,097 $ 2,824 $ 376,557 Special Mention 591 14,083 — 693 1,831 300 — 17,498 Substandard — — — 120 — — — 120 Doubtful — — — — — — — — Total $ 53,637 $ 105,991 $ 26,068 $ 46,968 $ 54,290 $ 104,397 $ 2,824 $ 394,175 Paycheck Protection Program: Risk Rating Pass or not rated $ — $ 12,207 $ 2,450 $ — $ — $ — $ — $ 14,657 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ 12,207 $ 2,450 $ — $ — $ — $ — $ 14,657 Lease financing receivables: Risk Rating Pass or not rated $ 4,423 $ 2,283 $ 617 $ 2,231 $ 1,791 $ — $ — $ 11,345 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 4,423 $ 2,283 $ 617 $ 2,231 $ 1,791 $ — $ — $ 11,345 Aircraft: Risk Rating Pass or not rated $ 32,905 $ 59,236 $ 39,231 $ 20,316 $ 8,270 $ — $ — $ 159,958 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 32,905 $ 59,236 $ 39,231 $ 20,316 $ 8,270 $ — $ — $ 159,958 Home equity: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 212,580 $ — $ 212,580 Special Mention — — — — — 348 — 348 Substandard — — — — — 1,141 — 1,141 Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 214,069 $ — $ 214,069 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year (Continued) Amortized Converted As of June 30, 2022 2022 2021 2020 2019 Prior Cost Basis to Term Total Consumer: Risk Rating Pass or not rated $ 828 $ 682 $ 280 $ 3,430 $ 6,065 $ 15,522 $ — $ 26,807 Special Mention — — — — — — — — Substandard — — — 13 324 — — 337 Doubtful — — — — — — — — Total $ 828 $ 682 $ 280 $ 3,443 $ 6,389 $ 15,522 $ — $ 27,144 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 596,678 $ — $ 596,678 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 596,678 $ — $ 596,678 TRS: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 149 $ — $ 149 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 149 $ — $ 149 RCS: Risk Rating Pass or not rated $ 4,438 $ 3,319 $ 2,049 $ 1,198 $ 27,648 $ 52,806 $ — $ 91,458 Special Mention — — — — — — — — Substandard — — — — — 358 — 358 Doubtful — — — — — — — — Total $ 4,438 $ 3,319 $ 2,049 $ 1,198 $ 27,648 $ 53,164 $ — $ 91,816 Grand Total: Risk Rating Pass or not rated $ 540,223 $ 985,210 $ 562,635 $ 334,771 $ 718,712 $ 1,007,692 $ 113,133 $ 4,262,376 Special Mention 1,915 27,126 2,406 24,377 25,069 898 — 81,791 Substandard — 42 1,089 1,489 13,947 1,499 — 18,066 Doubtful — — — — — — — — Grand Total $ 542,138 $ 1,012,378 $ 566,130 $ 360,637 $ 757,728 $ 1,010,089 $ 113,133 $ 4,362,233 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year Amortized Converted As of December 31, 2021 2021 2020 2019 2018 Prior Cost Basis to Term Total Residential real estate owner occupied: Risk Rating Pass or not rated $ 218,981 $ 213,010 $ 89,186 $ 50,301 $ 226,852 $ — $ — $ 798,330 Special Mention 301 — — 33 8,209 — — 8,543 Substandard 45 870 679 1,189 11,075 — — 13,858 Doubtful — — — — — — — — Total $ 219,327 $ 213,880 $ 89,865 $ 51,523 $ 246,136 $ — $ — $ 820,731 Residential real estate nonowner occupied: Risk Rating Pass or not rated $ 107,041 $ 65,786 $ 44,376 $ 29,292 $ 55,872 $ — $ 3,729 $ 306,096 Special Mention — — — — 132 — — 132 Substandard — — — — 95 — — 95 Doubtful — — — — — — — — Total $ 107,041 $ 65,786 $ 44,376 $ 29,292 $ 56,099 $ — $ 3,729 $ 306,323 Commercial real estate: Risk Rating Pass or not rated $ 472,095 $ 256,039 $ 153,224 $ 94,212 $ 286,223 $ 25,188 $ 80,211 $ 1,367,192 Special Mention 20,059 2,399 29,639 11,207 18,778 — — 82,082 Substandard — 111 266 2,453 3,905 — — 6,735 Doubtful — — — — — — — — Total $ 492,154 $ 258,549 $ 183,129 $ 107,872 $ 308,906 $ 25,188 $ 80,211 $ 1,456,009 Construction and land development: Risk Rating Pass or not rated $ 88,743 $ 30,593 $ 2,599 $ 1,155 $ 128 $ 1,925 $ — $ 125,143 Special Mention — 524 3,670 — — — — 4,194 Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 88,743 $ 31,117 $ 6,269 $ 1,155 $ 128 $ 1,925 $ — $ 129,337 Commercial and industrial: Risk Rating Pass or not rated $ 105,148 $ 34,361 $ 54,524 $ 18,110 $ 44,972 $ 60,454 $ 2,541 $ 320,110 Special Mention 15,015 1,921 785 34 1,956 350 — 20,061 Substandard — 13 179 — — — — 192 Doubtful — — — — — — — — Total $ 120,163 $ 36,295 $ 55,488 $ 18,144 $ 46,928 $ 60,804 $ 2,541 $ 340,363 Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year (Continued) Amortized Converted As of December 31, 2021 2021 2020 2019 2018 Prior Cost Basis to Term Total Paycheck Protection Program: Risk Rating Pass or not rated $ 40,607 $ 15,407 $ — $ — $ — $ — $ — $ 56,014 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 40,607 $ 15,407 $ — $ — $ — $ — $ — $ 56,014 Lease financing receivables: Risk Rating Pass or not rated $ 2,638 $ 839 $ 2,641 $ 1,264 $ 1,255 $ — $ — $ 8,637 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 2,638 $ 839 $ 2,641 $ 1,264 $ 1,255 $ — $ — $ 8,637 Aircraft: Risk Rating Pass or not rated $ 65,886 $ 43,301 $ 22,933 $ 9,119 $ 1,655 $ — $ — $ 142,894 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 65,886 $ 43,301 $ 22,933 $ 9,119 $ 1,655 $ — $ — $ 142,894 Home equity: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 208,429 $ — $ 208,429 Special Mention — — — — — 279 — 279 Substandard — — — — — 1,870 — 1,870 Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 210,578 $ — $ 210,578 Consumer: Risk Rating Pass or not rated $ 978 $ 417 $ 4,694 $ 4,326 $ 5,768 $ 14,613 $ — $ 30,796 Special Mention — — — — — — — — Substandard — — 22 61 194 — — 277 Doubtful — — — — — — — — Total $ 978 $ 417 $ 4,716 $ 4,387 $ 5,962 $ 14,613 $ — $ 31,073 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 850,550 $ — $ 850,550 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 850,550 $ — $ 850,550 TRS: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 50,987 $ — $ 50,987 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 50,987 $ — $ 50,987 RCS: Risk Rating Pass or not rated $ 5,524 $ 3,409 $ 1,642 $ 869 $ 3,699 $ 77,544 $ — $ 92,687 Special Mention — — — — — — — — Substandard — — — — — 379 — 379 Doubtful — — — — — — — — Total $ 5,524 $ 3,409 $ 1,642 $ 869 $ 3,699 $ 77,923 $ — $ 93,066 Grand Total: Risk Rating Pass or not rated $ 1,107,641 $ 663,162 $ 375,819 $ 208,648 $ 626,424 $ 1,289,690 $ 86,481 $ 4,357,865 Special Mention 35,375 4,844 34,094 11,274 29,075 629 — 115,291 Substandard 45 994 1,146 3,703 15,269 2,249 — 23,406 Doubtful — — — — — — — — Grand Total $ 1,143,061 $ 669,000 $ 411,059 $ 223,625 $ 670,768 $ 1,292,568 $ 86,481 $ 4,496,562
Schedule of activity in the ACLL for loan and lease losses	ACLL Rollforward Three Months Ended June 30, 2022 2021 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 $ 8,358 $ 62 $ — $ 25 $ 8,445 $ 9,489 $ (530) $ — $ 18 $ 8,977 Nonowner occupied 2,746 (14) — 1 2,733 2,532 18 — 1 2,551 Commercial real estate 24,624 (284) — 1 24,341 23,801 (506) — 12 23,307 Construction & land development 3,893 (302) — — 3,591 3,593 (294) — — 3,299 Commercial & industrial 3,412 348 — 8 3,768 2,718 1,395 — 4 4,117 Paycheck Protection Program — — — — — — — — — — Lease financing receivables 109 10 — — 119 104 (7) — — 97 Aircraft 378 22 — — 400 265 38 — — 303 Home equity 4,044 (40) — 109 4,113 4,615 (344) — 34 4,305 Consumer: Credit cards 944 59 (31) 22 994 930 42 (33) 10 949 Overdrafts 716 315 (194) 64 901 473 281 (111) 74 717 Automobile loans 151 (32) — 3 122 334 (66) — 5 273 Other consumer 241 (38) (20) 17 200 533 (57) (17) 8 467 Total Traditional Banking 49,616 106 (245) 250 49,727 49,387 (30) (161) 166 49,362 Warehouse lines of credit 1,725 (234) — — 1,491 2,165 (65) — — 2,100 Total Core Banking 51,341 (128) (245) 250 51,218 51,552 (95) (161) 166 51,462 Republic Processing Group: Tax Refund Solutions: Easy Advances 8,315 564 (11,505) 2,626 — 16,019 (5,793) (10,256) 30 — Other TRS loans 55 (204) (153) 302 — 10 20 (30) — — Republic Credit Solutions 11,945 3,433 (2,411) 264 13,231 7,755 1,592 (597) 79 8,829 Total Republic Processing Group 20,315 3,793 (14,069) 3,192 13,231 23,784 (4,181) (10,883) 109 8,829 Total $ 71,656 $ 3,665 $ (14,314) $ 3,442 $ 64,449 $ 75,336 $ (4,276) $ (11,044) $ 275 $ 60,291 ACLL Rollforward Six Months Ended June 30, 2022 2021 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 $ 8,647 $ (269) $ — $ 67 $ 8,445 $ 9,715 $ (783) $ — $ 45 $ 8,977 Nonowner occupied 2,700 31 — 2 2,733 2,466 84 — 1 2,551 Commercial real estate 23,769 570 — 2 24,341 23,606 49 (428) 80 23,307 Construction & land development 4,128 (537) — — 3,591 3,274 25 — — 3,299 Commercial & industrial 3,487 264 — 17 3,768 2,797 1,309 — 11 4,117 Paycheck Protection Program — — — — — — — — — — Lease financing receivables 91 28 — — 119 106 (9) — — 97 Aircraft 357 43 — — 400 253 50 — — 303 Home equity 4,111 (110) — 112 4,113 4,990 (726) — 41 4,305 Consumer: Credit cards 934 91 (70) 39 994 929 86 (90) 24 949 Overdrafts 683 503 (408) 123 901 587 208 (249) 171 717 Automobile loans 186 (68) — 4 122 399 (144) — 18 273 Other consumer 314 (113) (30) 29 200 577 (109) (31) 30 467 Total Traditional Banking 49,407 433 (508) 395 49,727 49,699 40 (798) 421 49,362 Warehouse lines of credit 2,126 (635) — — 1,491 2,407 (307) — — 2,100 Total Core Banking 51,533 (202) (508) 395 51,218 52,106 (267) (798) 421 51,462 Republic Processing Group: Tax Refund Solutions: Easy Advances — 8,879 (11,505) 2,626 — — 10,226 (10,256) 30 — Other TRS loans 96 (607) (153) 664 — 158 (115) (51) 8 — Republic Credit Solutions 12,948 4,828 (5,084) 539 13,231 8,803 1,217 (1,362) 171 8,829 Total Republic Processing Group 13,044 13,100 (16,742) 3,829 13,231 8,961 11,328 (11,669) 209 8,829 Total $ 64,577 $ 12,898 $ (17,250) $ 4,224 $ 64,449 $ 61,067 $ 11,061 $ (12,467) $ 630 $ 60,291
Schedule of non-performing loans and non-performing assets and select credit quality ratios	(dollars in thousands) June 30, 2022 December 31, 2021 Loans on nonaccrual status* $ 16,168 $ 20,504 Loans past due 90-days-or-more and still on accrual** 42 48 Total nonperforming loans 16,210 20,552 Other real estate owned 1,687 1,792 Total nonperforming assets $ 17,897 $ 22,344 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.37 % 0.46 % Nonperforming assets to total loans (including OREO) 0.41 0.50 Nonperforming assets to total assets 0.29 0.37 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.38 % 0.47 % Nonperforming assets to total loans (including OREO) 0.42 0.51 Nonperforming assets to total assets 0.32 0.40 * 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) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Traditional Banking: Residential real estate: Owner occupied $ 11,538 $ 12,039 $ — $ — Nonowner occupied 128 95 — — Commercial real estate 3,228 6,557 — — Construction & land development — — — — Commercial & industrial — 13 — — Paycheck Protection Program — — — — Lease financing receivables — — — — Aircraft — — — — Home equity 1,016 1,700 — — Consumer: Credit cards — — — — Overdrafts — — — 1 Automobile loans 36 97 — — Other consumer 222 3 — — Total Traditional Banking 16,168 20,504 — 1 Warehouse lines of credit — — — — Total Core Banking 16,168 20,504 — 1 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — Other TRS loans — — — — Republic Credit Solutions — — 42 47 Total Republic Processing Group — — 42 47 Total $ 16,168 $ 20,504 $ 42 $ 48 * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. Three Months Ended Six Months Ended As of June 30, 2022 June 30, 2022 June 30, 2022 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 $ 18 $ 11,520 $ 11,538 $ 154 $ 257 Nonowner occupied 37 91 128 1 1 Commercial real estate 3,228 — 3,228 14 644 Construction & land development — — — — — Commercial & industrial — — — — — Paycheck Protection Program — — — — — Lease financing receivables — — — — — Aircraft — — — — — Home equity — 1,016 1,016 84 146 Consumer 11 247 258 48 52 Total $ 3,294 $ 12,874 $ 16,168 $ 301 $ 1,100 * Includes interest income for loans on nonaccrual as of the beginning of the period that were paid off during the period. Three Months Ended Six Months Ended As of December 31, 2021 June 30, 2021 June 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 $ 1,944 $ 10,095 $ 12,039 $ 166 $ 414 Nonowner occupied 31 64 95 2 3 Commercial real estate 4,105 2,452 6,557 36 51 Construction & land development — — — — — Commercial & industrial — 13 13 — 1 Paycheck Protection Program — — — — — Lease financing receivables — — — — — Aircraft — — — — — Home equity — 1,700 1,700 26 66 Consumer 17 83 100 2 4 $ 6,097 $ 14,407 $ 20,504 $ 232 $ 539 * 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 June 30, 2022 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent Current Total Traditional Banking: Residential real estate: Owner occupied $ 1,340 $ 796 $ 333 $ 2,469 $ 829,668 $ 832,137 Nonowner occupied — — 41 41 313,493 313,534 Commercial real estate — — 2,142 2,142 1,566,977 1,569,119 Construction & land development — — — — 137,452 137,452 Commercial & industrial — 321 — 321 393,854 394,175 Paycheck Protection Program — — — — 14,657 14,657 Lease financing receivables — — — — 11,345 11,345 Aircraft — — — — 159,958 159,958 Home equity 8 10 132 150 213,919 214,069 Consumer: Credit cards 19 5 — 24 15,395 15,419 Overdrafts 196 3 — 199 702 901 Automobile loans — — 6 6 9,573 9,579 Other consumer — — — — 1,245 1,245 Total Traditional Banking 1,563 1,135 2,654 5,352 3,668,238 3,673,590 Warehouse lines of credit — — — — 596,678 596,678 Total Core Banking 1,563 1,135 2,654 5,352 4,264,916 4,270,268 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — Other TRS loans — — — — 149 149 Republic Credit Solutions 4,914 1,143 42 6,099 85,717 91,816 Total Republic Processing Group 4,914 1,143 42 6,099 85,866 91,965 Total $ 6,477 $ 2,278 $ 2,696 $ 11,451 $ 4,350,782 $ 4,362,233 Delinquency ratio* 0.15 % 0.05 % 0.06 % 0.26 % * 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, 2021 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent Current Total Traditional Banking: Residential real estate: Owner occupied $ 606 $ 383 $ 610 $ 1,599 $ 819,132 $ 820,731 Nonowner occupied — — — — 306,323 306,323 Commercial real estate — — 5,292 5,292 1,450,717 1,456,009 Construction & land development — — — — 129,337 129,337 Commercial & industrial 8 — 13 21 340,342 340,363 Paycheck Protection Program — — — — 56,014 56,014 Lease financing receivables — — — — 8,637 8,637 Aircraft — — — — 142,894 142,894 Home equity 38 35 241 314 210,264 210,578 Consumer: Credit cards 19 11 — 30 14,480 14,510 Overdrafts 160 3 1 164 519 683 Automobile loans — — 9 9 14,439 14,448 Other consumer 1 — — 1 1,431 1,432 Total Traditional Banking 832 432 6,166 7,430 3,494,529 3,501,959 Warehouse lines of credit — — — — 850,550 850,550 Total Core Banking 832 432 6,166 7,430 4,345,079 4,352,509 Republic Processing Group: Tax Refund Solutions: Easy Advances — — — — — — Other TRS loans — — — — 50,987 50,987 Republic Credit Solutions 5,010 978 47 6,035 87,031 93,066 Total Republic Processing Group 5,010 978 47 6,035 138,018 144,053 Total $ 5,842 $ 1,410 $ 6,213 $ 13,465 $ 4,483,097 $ 4,496,562 Delinquency ratio* 0.13 % 0.03 % 0.14 % 0.30 % * 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	June 30, 2022 December 31, 2021 Secured Secured Secured Secured by Real by Personal by Real by Personal (in thousands) Estate Property Estate Property Traditional Banking: Residential real estate: Owner occupied $ 14,050 $ — $ 14,798 $ — Nonowner occupied 128 — 95 — Commercial real estate 3,020 — 6,736 — Construction & land development — — — — Commercial & industrial — 120 — 192 Paycheck Protection Program — — — — Lease financing receivables — — — — Aircraft — — — — Home equity 1,246 — 1,976 — Consumer — 281 — 274 Total Traditional Banking $ 18,444 $ 401 $ 23,605 $ 466
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 June 30, 2022 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 64 $ 3,102 75 $ 7,046 139 $ 10,148 Commercial real estate 1 2,142 1 883 2 3,025 Commercial & industrial — — 1 1 1 1 Consumer 2 14 2,446 424 2,448 438 Total troubled debt restructurings 67 $ 5,258 2,523 $ 8,354 2,590 $ 13,612 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, 2021 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate 63 $ 3,179 89 $ 7,856 152 $ 11,035 Commercial real estate 2 2,575 2 1,239 4 3,814 Commercial & industrial 2 45 1 1 3 46 Consumer 1 12 2,269 479 2,270 491 Total troubled debt restructurings 68 $ 5,811 2,361 $ 9,575 2,429 $ 15,386
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 June 30, 2022 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Rate reduction 71 $ 6,541 4 $ 327 75 $ 6,868 Principal deferral 6 558 1 157 7 715 Legal modification 48 2,344 9 221 57 2,565 Total residential TDRs 125 9,443 14 705 139 10,148 Commercial related and construction/land development loans: Rate reduction 1 883 — — 1 883 Principal deferral 1 1 1 2,142 2 2,143 Total commercial TDRs 2 884 1 2,142 3 3,026 Consumer loans: Principal deferral 2,444 420 — — 2,444 420 Legal modification 4 18 — — 4 18 Total consumer TDRs 2,448 438 — — 2,448 438 Total troubled debt restructurings 2,575 $ 10,765 15 $ 2,847 2,590 $ 13,612 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, 2021 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Interest only payments — — — — — $ — Rate reduction 82 $ 7,461 4 $ 303 86 7,764 Principal deferral 7 729 — — 7 729 Legal modification 48 2,100 11 442 59 2,542 Total residential TDRs 137 10,290 15 745 152 11,035 Commercial related and construction/land development loans: Interest only payments — — — — — — Rate reduction 1 919 — — 1 919 Principal deferral 5 477 1 2,464 6 2,941 Total commercial TDRs 6 1,396 1 2,464 7 3,860 Consumer loans: Principal deferral 2,266 470 — — 2,266 470 Legal modification 4 21 — — 4 21 Total consumer TDRs 2,270 491 — — 2,270 491 Total troubled debt restructurings 2,413 $ 12,177 16 $ 3,209 2,429 $ 15,386
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 June 30, 2022 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Legal modification 3 $ 35 2 $ 24 5 $ 59 Total residential TDRs 3 35 2 24 5 59 Consumer loans: Principal deferral 489 77 — — 489 77 Total consumer TDRs 489 77 — — 489 77 Total troubled debt restructurings 492 $ 112 2 $ 24 494 $ 136 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 June 30, 2021 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Principal deferral 1 $ 16 — $ — 1 $ 16 Legal modification 3 226 1 50 4 276 Total residential TDRs 4 242 1 50 5 292 Consumer loans: Principal deferral 286 38 — — 286 38 Legal modification 1 — — — 1 — Total consumer TDRs 287 38 — — 287 38 Total troubled debt restructurings 291 $ 280 1 $ 50 292 $ 330 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 June 30, 2022 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Legal modification 5 $ 477 3 $ 51 8 $ 528 Total residential TDRs 5 477 3 51 8 528 Consumer loans: Principal deferral 489 77 — — 489 77 Total consumer TDRs 489 77 — — 489 77 Total troubled debt restructurings 494 $ 554 3 $ 51 497 $ 605 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 June 30, 2021 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Principal deferral 1 $ 161 — $ — 1 161 Legal modification 5 279 3 255 8 534 Total residential TDRs 6 440 3 255 9 695 Consumer loans: Principal deferral 589 69 — — 589 69 Legal modification 2 3 — — 2 3 Total consumer TDRs 591 72 — — 591 72 Total troubled debt restructurings 597 $ 512 3 $ 255 600 $ 767 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 Six Months Ended June 30, June 30, 2022 2021 2022 2021 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 $ 40 2 $ 121 2 $ 40 6 $ 293 Commercial real estate — — 1 127 — — 1 127 Home equity 1 11 — — 2 24 — — Total 3 $ 51 3 $ 248 4 $ 64 7 $ 420
Schedule of carrying amount of foreclosed properties held	(in thousands) June 30, 2022 December 31, 2021 Commercial real estate $ 1,687 $ 1,792 Total other real estate owned $ 1,687 $ 1,792
Schedule of recorded investment in consumer mortgage loans secured by residential real estate properties	(in thousands) June 30, 2022 December 31, 2021 Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure $ 751 $ 508
Schedule of Easy Advances	Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2022 2021 2022 2021 Easy Advances originated $ — $ — $ 311,207 $ 250,045 Net charge (credit) to the Provision for Easy Advances 564 (5,793) 8,879 10,226 Provision to total Easy Advances originated NA NA 2.85 % 4.09 % Easy Advances net charge-offs $ 8,879 $ 10,226 $ 8,879 $ 10,226 Easy Advances net charge-offs (recoveries) to total Easy Advances originated NA NA 2.85 % 4.09 %

DEPOSITS (Tables)

DEPOSITS (Tables)	6 Months Ended
DEPOSITS (Tables)	Jun. 30, 2022
DEPOSITS
Composition of deposit portfolio	The composition of the deposit portfolio follows: (in thousands) June 30, 2022 December 31, 2021 Core Bank: Demand $ 1,338,061 $ 1,381,522 Money market accounts 775,560 789,876 Savings 331,508 311,624 Individual retirement accounts (1) 41,305 43,724 Time deposits, $250 and over (1) 51,976 81,050 Other certificates of deposit (1) 132,536 154,174 Reciprocal money market and time deposits (1) 52,862 77,950 Total Core Bank interest-bearing deposits 2,723,808 2,839,920 Total Core Bank noninterest-bearing deposits 1,676,974 1,579,173 Total Core Bank deposits 4,400,782 4,419,093 Republic Processing Group: Money market accounts 9,285 9,717 Total RPG interest-bearing deposits 9,285 9,717 Brokered prepaid card deposits 319,455 320,907 Other noninterest-bearing deposits 98,007 90,701 Total RPG noninterest-bearing deposits 417,462 411,608 Total RPG deposits 426,747 421,325 Total deposits $ 4,827,529 $ 4,840,418 (1) Includes time deposit .

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2022
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
Schedule of securities sold under agreements to repurchase	(dollars in thousands) June 30, 2022 December 31, 2021 Outstanding balance at end of period $ 303,315 $ 290,967 Weighted average interest rate at end of period 0.09 % 0.04 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 304,203 $ 108,813 Mortgage backed securities - residential 42,422 167,561 Collateralized mortgage obligations 1,190 33,441 Total securities pledged $ 347,815 $ 309,815 Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2022 2021 2022 2021 Average outstanding balance during the period $ 294,388 $ 169,888 $ 297,263 $ 181,216 Average interest rate during the period 0.07 % 0.02 % 0.05 % 0.02 % Maximum outstanding at any month end during the period $ 303,315 $ 174,928 $ 303,315 $ 200,704

RIGHT-OF-USE ASSETS AND OPERA_2

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2022
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Summary of operating lease expense	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Operating lease expense: Related Party: Variable lease expense $ 1,269 $ 1,218 $ 2,535 $ 2,438 Fixed lease expense 57 34 92 68 Third Party: Variable lease expense 220 197 417 393 Fixed lease expense 349 342 693 684 Total operating lease expense $ 1,895 $ 1,791 $ 3,737 $ 3,583 Other information concerning operating leases: Cash paid for amounts included in the measurement of operating lease liabilities $ 1,707 $ 1,799 $ 3,412 $ 3,597 Cash paid for variable rent payments not included in measurement of operating lease liabilities 151 — 302 — Short-term lease payments not included in the measurement of lease liabilities — — — —
Schedule of weighted average remaining term and weighted average discount rate for operating leases	June 30, 2022 December 31, 2021 Weighted average remaining term in years 8.39 7.57 Weighted average discount rate 2.64 % 3.05 %
Schedule of operating lease liabilities	Year (dollars in thousands) Related Party Third Party Total 2022 $ 2,123 $ 1,309 $ 3,432 2023 4,274 2,429 6,703 2024 4,189 1,928 6,117 2025 4,053 1,396 5,449 2026 4,124 1,100 5,224 Thereafter 16,375 4,313 20,688 Total undiscounted cash flows $ 35,138 $ 12,475 $ 47,613 Discount applied to cash flows (3,398) (2,052) (5,450) Total discounted cash flows reported as operating lease liabilities $ 31,740 $ 10,423 $ 42,163

FEDERAL HOME LOAN BANK ADVANC_2

FEDERAL HOME LOAN BANK ADVANCES (Tables)	6 Months Ended
FEDERAL HOME LOAN BANK ADVANCES (Tables)	Jun. 30, 2022
FEDERAL HOME LOAN BANK ADVANCES
Federal Home Loan Bank Advances	(in thousands) June 30, 2022 December 31, 2021 Overnight advances $ — $ 25,000 Fixed interest rate advances 20,000 — Total FHLB advances $ 20,000 $ 25,000
Aggregate Future Principal Payments on FHLB Advances	Weighted Average Year (dollars in thousands) Principal Rate 2022 $ — — % 2023 — — 2024 — — 2025 — — 2026 — — 2027 20,000 1.89 Total $ 20,000 1.89 %
Information Regarding Overnight FHLB Advances	Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2022 2021 2022 2021 Average outstanding balance during the period $ — $ 25,000 $ — $ 32,597 Average interest rate during the period — % 0.16 % — % 0.16 % Maximum outstanding at any month end during the period $ — $ 25,000 $ — $ 25,000
Real Estate Loans Pledged	(in thousands) June 30, 2022 December 31, 2021 First lien, single family residential real estate $ 1,036,228 $ 1,041,461 Home equity lines of credit 193,447 186,396

OFF BALANCE SHEET RISKS, COMM_2

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2022
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
Commitments Exclusive of Mortgage Bank Loan Commitments	(in thousands) June 30, 2022 December 31, 2021 Unused warehouse lines of credit $ 865,822 $ 565,950 Unused home equity lines of credit 368,820 348,681 Unused loan commitments - other 828,583 828,229 Standby letters of credit 10,951 11,305 FHLB letter of credit 643 643 Total commitments $ 2,074,819 $ 1,754,808
Schedule of rollforward of the Off Balance Sheet risks ACLC	ACLC Rollforward Three Months Ended 2022 2021 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 $ 130 $ 32 $ — $ — $ 162 $ 116 $ 24 $ — $ — $ 140 Unused home equity lines of credit 256 21 — — 277 194 19 — — 213 Unused loan commitments - other 654 7 — — 661 705 (124) — — 581 Total $ 1,040 $ 60 $ — $ — $ 1,100 $ 1,015 $ (81) $ — $ — $ 934 ACLC Rollforward Six Months Ended June 30, 2022 2021 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 $ 154 $ 8 $ — $ — $ 162 $ 79 $ 61 $ — $ — $ 140 Unused home equity lines of credit 247 30 — — 277 173 40 — — 213 Unused loan commitments - other 651 10 — — 661 737 (156) — — 581 Total $ 1,052 $ 48 $ — $ — $ 1,100 $ 989 $ (55) $ — $ — $ 934

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
FAIR VALUE (Tables)	Jun. 30, 2022
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on Recurring Basis	Fair Value Measurements at June 30, 2022 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 $ 230,771 $ 152,321 $ — $ 383,092 Private label mortgage-backed security — — 2,478 2,478 Mortgage-backed securities - residential — 198,270 — 198,270 Collateralized mortgage obligations — 24,545 — 24,545 Corporate bonds — 9,936 — 9,936 Trust preferred security — — 3,824 3,824 Total available-for-sale debt securities $ 230,771 $ 385,072 $ 6,302 $ 622,145 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 189 $ — $ 189 Total equity securities with readily determinable fair value $ — $ 189 $ — $ 189 Mortgage loans held for sale $ — $ 8,491 $ — $ 8,491 Consumer loans held for sale — — 17,459 17,459 Consumer loans held for investment — — 45 45 Rate lock loan commitments — 220 — 220 Mandatory forward contracts — 359 — 359 Interest rate swap agreements — 4,501 — 4,501 Financial liabilities: Interest rate swap agreements $ — $ 4,501 $ — $ 4,501 Fair Value Measurements at December 31, 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 $ 70,112 $ 167,347 $ — $ 237,459 Private label mortgage-backed security — — 2,731 2,731 Mortgage-backed securities - residential — 210,749 — 210,749 Collateralized mortgage obligations — 30,294 — 30,294 Corporate bonds — 10,046 — 10,046 Trust preferred security — — 3,847 3,847 Total available-for-sale debt securities $ 70,112 $ 418,436 $ 6,578 $ 495,126 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 170 $ — $ 170 Community Reinvestment Act mutual fund 2,450 — — 2,450 Total equity securities with readily determinable fair value $ 2,450 $ 170 $ — $ 2,620 Mortgage loans held for sale $ — $ 29,393 $ — $ 29,393 Consumer loans held for sale — — 19,747 19,747 Consumer loans held for investment — — 170 170 Rate lock loan commitments — 1,404 — 1,404 Mandatory forward contracts — 66 — 66 Interest rate swap agreements — 5,786 — 5,786 Financial liabilities: Interest rate swap agreements — 5,786 — 5,786
Assets Measured at Fair Value on a Non-Recurring Basis	Fair Value Measurements at June 30, 2022 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 $ — $ — $ 1,345 $ 1,345 Commercial real estate — — 2,475 2,475 Total collateral-dependent loans* $ — $ — $ 3,820 $ 3,820 Other real estate owned: Commercial real estate $ — $ — $ 1,687 $ 1,687 Total other real estate owned $ — $ — $ 1,687 $ 1,687 * 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. Fair Value Measurements at December 31, 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 $ — $ — $ 1,626 $ 1,626 Commercial real estate — — 2,841 2,841 Home equity — — 378 378 Total collateral-dependent loans* $ — $ — $ 4,845 $ 4,845 Other real estate owned: Residential real estate $ — $ — $ 1,792 $ 1,792 Total other real estate owned $ — $ — $ 1,792 $ 1,792 * 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) June 30, 2022 December 31, 2021 Carrying amount of loans measured at fair value $ 4,024 $ 4,928 Estimated selling costs considered in carrying amount 714 842 Valuation allowance (918) (925) Total fair value $ 3,820 $ 4,845
Provisions for loss on collateral dependent impaired loans	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Provision on collateral-dependent loans $ (7) $ 45 $ (4) $ 45
Other Real Estate Owned	(in thousands) June 30, 2022 December 31, 2021 Other real estate owned carried at fair value $ 1,687 $ 1,792 Other real estate owned carried at cost — — Total carrying value of other real estate owned $ 1,687 $ 1,792 Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Other real estate owned write-downs during the period $ 54 $ 52 $ 105 $ 105
Carrying amount and estimated fair values of financial instruments	Fair Value Measurements at June 30, 2022: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 795,143 $ 795,143 $ — $ — $ 795,143 Available-for-sale debt securities 622,145 230,771 385,072 6,302 622,145 Held-to-maturity debt securities 32,962 — 32,978 — 32,978 Equity securities with readily determinable fair values 189 — 189 — 189 Mortgage loans held for sale, at fair value 8,491 — 8,491 — 8,491 Consumer loans held for sale, at fair value 17,459 — — 17,459 17,459 Consumer loans held for sale, at the lower of cost or fair value 13,777 — — 13,777 13,777 Loans, net 4,297,784 — — 4,165,381 4,165,381 Federal Home Loan Bank stock 10,311 — — — NA Accrued interest receivable 9,872 — 9,872 — 9,872 Mortgage servicing rights 9,407 — 16,568 — 16,568 Rate lock loan commitments 220 — 220 — 220 Mandatory forward contracts 359 — 359 — 359 Interest rate swap agreements 4,501 — 4,501 — 4,501 Liabilities: Noninterest-bearing deposits $ 2,094,436 $ — $ 2,094,436 $ — $ 2,094,436 Transaction deposits 2,499,250 — 2,499,250 — 2,499,250 Time deposits 233,843 — 230,849 — 230,849 Securities sold under agreements to repurchase and other short-term borrowings 303,315 — 303,315 — 303,315 Federal Home Loan Bank advances 20,000 — 21,766 — 21,766 Accrued interest payable 162 — 162 — 162 Interest rate swap agreements 4,501 — 4,501 — 4,501 Fair Value Measurements at December 31, 2021: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 756,971 $ 756,971 $ — $ — $ 756,971 Available-for-sale debt securities 495,126 70,112 418,436 6,578 495,126 Held-to-maturity debt securities 44,299 — 44,764 — 44,764 Equity securities with readily determinable fair values 2,620 2,450 170 — 2,620 Mortgage loans held for sale, at fair value 29,393 — 29,393 — 29,393 Consumer loans held for sale, at fair value 19,747 — — 19,747 19,747 Consumer loans held for sale, at the lower of cost or fair value 2,937 — — 2,937 2,937 Loans, net 4,431,985 — — 4,445,244 4,445,244 Federal Home Loan Bank stock 10,311 — — — NA Accrued interest receivable 9,877 — 9,877 — 9,877 Mortgage servicing rights 9,196 — 11,540 — 11,540 Rate lock loan commitments 1,404 — 1,404 — 1,404 Mandatory forward contracts 66 — 66 — 66 Interest rate swap agreements 5,786 — 5,786 — 5,786 Liabilities: Noninterest-bearing deposits $ 1,990,781 $ — $ 1,990,781 $ — $ 1,990,781 Transaction deposits 2,553,423 — 2,553,423 — 2,553,423 Time deposits 296,214 — 298,236 — 298,236 Securities sold under agreements to repurchase and other short-term borrowings 290,967 — 290,967 — 290,967 Federal Home Loan Bank advances 25,000 — 25,000 — 25,000 Accrued interest payable 159 — 159 — 159 Interest rate swap agreements 5,786 — 5,786 — 5,786
Nonrecurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Range Fair Valuation Unobservable (Weighted June 30, 2022 (dollars in thousands) Value Technique Inputs Average) Collateral-dependent loans - residential real estate owner occupied $ 1,345 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 41% (11%) Collateral-dependent loans - commercial real estate $ 2,475 Sales comparison approach Adjustments determined for differences between comparable sales 12% - 13% (12%) Other real estate owned - commercial real estate $ 1,687 Sales comparison approach Adjustments determined for differences between comparable sales 37% ( Range Fair Valuation Unobservable (Weighted December 31, 2021 (dollars in thousands) Value Technique Inputs Average) Collateral-dependent loans - residential real estate owner occupied $ 1,626 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 51% (10%) Collateral-dependent loans - commercial real estate $ 2,841 Sales comparison approach Adjustments determined for differences between comparable sales 12% - 13% (12%) Collateral-dependent loans - home equity $ 378 Sales comparison approach Adjustments determined for differences between comparable sales 2%-4% ( Other real estate owned - commercial real estate $ 1,792 Sales comparison approach Adjustments determined for differences between comparable sales 33% (
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 Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 2,602 $ 2,863 $ 2,731 $ 2,957 Total gains or losses included in earnings: Net change in unrealized gain (15) 34 9 49 Principal paydowns (109) (73) (262) (182) Balance, end of period $ 2,478 $ 2,824 $ 2,478 $ 2,824
Private label mortgage backed security \| Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Fair Valuation June 30, 2022 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage-backed security $ 2,478 Discounted cash flow (1) Constant prepayment rate 4.5% - 5.4% (2) Probability of default 1.8% - 9.3% (3) Loss severity 50% - 75% Fair Valuation December 31, 2021 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage-backed security $ 2,731 Discounted cash flow (1) Constant prepayment rate 4.5% - 5.7% (2) Probability of default 1.8% - 9.3% (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 Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 3,725 $ 3,650 $ 3,847 $ 3,800 Total gains or losses included in earnings: Discount accretion 14 13 28 26 Net change in unrealized gain 85 37 (51) (126) Balance, end of period $ 3,824 $ 3,700 $ 3,824 $ 3,700
Mortgage Loans Held for Sale
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) June 30, 2022 December 31, 2021 Aggregate fair value $ 8,491 $ 29,393 Contractual balance 8,363 28,668 Unrealized gain 128 725
Schedule of gains and losses from changes in fair value included in earnings	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Interest income $ 153 $ 140 $ 357 $ 549 Change in fair value 109 (143) (597) (1,154) Total included in earnings $ 262 $ (3) $ (240) $ (605)
Consumer loans
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) June 30, 2022 December 31, 2021 Aggregate fair value $ 17,459 $ 19,747 Contractual balance 17,563 19,633 Unrealized gain (104) 114
Schedule of gains and losses from changes in fair value included in earnings	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Interest income $ 2,990 $ 1,397 $ 5,880 $ 1,968 Change in fair value (181) 63 (218) 78 Total included in earnings $ 2,809 $ 1,460 $ 5,662 $ 2,046
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 June 30, 2022 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 17,459 Contract Terms (1) Net Premium 0.15% (2) Discounted Sales 10.00% Fair Valuation December 31, 2021 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 19,747 Contract Terms (1) Net Premium 1.4% (2) Discounted Sales 5.00%

MORTGAGE BANKING ACTIVITIES (Ta

MORTGAGE BANKING ACTIVITIES (Tables)	6 Months Ended
MORTGAGE BANKING ACTIVITIES (Tables)	Jun. 30, 2022
MORTGAGE BANKING ACTIVITIES
Activity for Mortgage Loans Held for Sale, at fair value	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 13,302 $ 63,636 $ 29,393 $ 46,867 Origination of mortgage loans held for sale 61,489 141,177 162,150 354,764 Proceeds from the sale of mortgage loans held for sale (67,759) (176,424) (186,971) (380,239) Net gain on sale of mortgage loans held for sale 1,459 4,012 3,919 11,009 Balance, end of period $ 8,491 $ 32,401 $ 8,491 $ 32,401
Components of Mortgage Banking Income	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Net gain realized on sale of mortgage loans held for sale $ 2,674 $ 5,711 $ 5,407 $ 13,756 Net change in fair value recognized on loans held for sale 109 (143) (597) (1,154) Net change in fair value recognized on rate lock loan commitments (222) 299 (1,184) (2,338) Net change in fair value recognized on forward contracts (1,102) (1,855) 293 745 Net gain recognized 1,459 4,012 3,919 11,009 Loan servicing income 884 808 1,749 1,601 Amortization of mortgage servicing rights (580) (738) (1,248) (1,735) Change in mortgage servicing rights valuation allowance — 100 — 500 Net servicing income recognized 304 170 501 366 Total Mortgage Banking income $ 1,763 $ 4,182 $ 4,420 $ 11,375
Activity for capitalized mortgage servicing rights	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Balance, beginning of period $ 9,502 $ 7,711 $ 9,196 $ 7,095 Additions 485 1,262 1,459 2,475 Amortized to expense (580) (738) (1,248) (1,735) Change in valuation allowance — 100 — 500 Balance, end of period $ 9,407 $ 8,335 $ 9,407 $ 8,335
Schedule of activity in the valuation allowance for capitalized mortgage servicing rights	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Beginning valuation allowance $ — $ 100 $ — $ 500 Charge during the period — (100) — (500) Ending valuation allowance $ — $ — $ — $ —
Other information relating to mortgage servicing rights	(dollars in thousands) June 30, 2022 December 31, 2021 Fair value of mortgage servicing rights portfolio $ 16,568 $ 11,540 Monthly weighted average prepayment rate of unpaid principal balance* 128 % 208 % Discount rate 10.17 % 10.15 % Weighted average foreclosure rate 0.15 % 0.19 % Weighted average life in years 7.55 5.93 * 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	June 30, 2022 December 31, 2021 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 $ 8,363 $ 8,491 $ 28,668 $ 29,393 Included in other assets: Rate lock loan commitments $ 28,072 $ 220 $ 56,736 $ 1,404 Mandatory forward contracts 29,812 359 70,812 66

INTEREST RATE SWAPS (Tables)

INTEREST RATE SWAPS (Tables)	6 Months Ended
INTEREST RATE SWAPS (Tables)	Jun. 30, 2022
INTEREST RATE SWAPS
Summary of interest rate swaps related to clients	June 30, 2022 December 31, 2021 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 22,009 $ 595 $ 107,502 $ 5,786 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed 93,757 (4,501) 16,423 (298) Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 115,766 $ (3,906) $ 123,925 $ 5,488 Offsetting interest rate swaps with institutional swap dealer Pay fixed/receive variable 115,766 3,906 123,925 (5,488) Total $ 231,532 $ — $ 247,850 $ —

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
EARNINGS PER SHARE (Tables)	Jun. 30, 2022
EARNINGS PER SHARE
Earnings Per Share and Diluted Earnings Per Share	Three Months Ended Six Months Ended June 30, June 30, (in thousands, except per share data) 2022 2021 2022 2021 Net income $ 23,901 $ 23,922 $ 51,827 $ 49,975 Dividends declared on Common Stock: Class A Shares (6,047) (5,680) (12,128) (11,423) Class B Shares (670) (608) (1,341) (1,224) Undistributed net income for basic earnings per share 17,184 17,634 38,358 37,328 Weighted average potential dividends on Class A shares upon exercise of dilutive options (21) (17) (49) (40) Undistributed net income for diluted earnings per share $ 17,163 $ 17,617 $ 38,309 $ 37,288 Weighted average shares outstanding: Class A Shares 17,946 18,712 17,968 18,761 Class B Shares 2,161 2,182 2,163 2,190 Effect of dilutive securities on Class A Shares outstanding 62 55 71 65 Weighted average shares outstanding including dilutive securities 20,169 20,949 20,202 21,016 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.34 $ 0.31 $ 0.68 $ 0.62 Undistributed earnings per share* 0.86 0.85 1.92 1.80 Total basic earnings per share - Class A Common Stock $ 1.20 $ 1.16 $ 2.60 $ 2.42 Class B Common Stock: Per share dividends distributed $ 0.31 $ 0.28 $ 0.62 $ 0.56 Undistributed earnings per share* 0.78 0.77 1.75 1.64 Total basic earnings per share - Class B Common Stock $ 1.09 $ 1.05 $ 2.37 $ 2.20 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.34 $ 0.31 $ 0.68 $ 0.62 Undistributed earnings per share* 0.86 0.85 1.91 1.79 Total diluted earnings per share - Class A Common Stock $ 1.20 $ 1.16 $ 2.59 $ 2.41 Class B Common Stock: Per share dividends distributed $ 0.31 $ 0.28 $ 0.62 $ 0.56 Undistributed earnings per share* 0.78 0.77 1.74 1.63 Total diluted earnings per share - Class B Common Stock $ 1.09 $ 1.05 $ 2.36 $ 2.19 * 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 Six Months Ended June 30, June 30, 2022 2021 2022 2021 Antidilutive stock options 187,000 149,000 186,000 169,000 Average antidilutive stock options 184,000 149,000 178,000 166,000

OTHER COMPREHENSIVE INCOME (Tab

OTHER COMPREHENSIVE INCOME (Tables)	6 Months Ended
OTHER COMPREHENSIVE INCOME (Tables)	Jun. 30, 2022
OTHER COMPREHENSIVE INCOME
Summary of OCI components and related tax effects	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2022 2021 2022 2021 Available-for-Sale Debt Securities: Unrealized losses on AFS debt securities $ (10,133) $ (614) $ (31,382) $ (2,643) Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings (15) 34 9 49 Net losses (10,148) (580) (31,373) (2,594) Tax effect 2,537 145 7,845 648 Net of tax (7,611) (435) $ (23,528) $ (1,946)
Summary of the AOCI balances, net of tax	2022 (in thousands) December 31, 2021 Change June 30, 2022 Unrealized gain (loss) on AFS debt securities $ 890 $ (23,535) $ (22,645) Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings 984 7 991 Total unrealized gain (loss) $ 1,874 $ (23,528) $ (21,654) 2021 (in thousands) December 31, 2020 Change June 30, 2021 Unrealized gain on AFS debt securities $ 7,571 $ (1,982) $ 5,589 Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings 938 36 974 Total unrealized gain (loss) $ 8,509 $ (1,946) $ 6,563

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	6 Months Ended
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	Jun. 30, 2022
REVENUE FROM CONTRACTS WITH CUSTOMERS
Schedule of net revenues by reportable segments	Three Months Ended June 30, 2022 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) $ 39,158 $ 3,886 $ 153 $ 43,197 $ 1,638 $ 6,397 $ 8,035 $ 51,232 Noninterest income: Service charges on deposit accounts 3,355 12 — 3,367 (4) — (4) 3,363 Net refund transfer fees — — — — 3,950 — 3,950 3,950 Mortgage banking income (1) — — 1,763 1,763 — — — 1,763 Interchange fee income 3,389 — — 3,389 72 — 72 3,461 Program fees (1) — — — — 736 3,149 3,885 3,885 Increase in cash surrender value of BOLI (1) 623 — — 623 — — — 623 Net losses on OREO (52) — — (52) — — — (52) Legal settlement — — — — 13,000 — 13,000 13,000 Other 416 — 46 462 111 — 111 573 Total noninterest income 7,731 12 1,809 9,552 17,865 3,149 21,014 30,566 Total net revenue $ 46,889 $ 3,898 $ 1,962 $ 52,749 $ 19,503 $ 9,546 $ 29,049 $ 81,798 Net-revenue concentration (2) 57 % 5 % 2 % 64 % 24 % 12 % 36 % 100 % Three Months Ended June 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) $ 38,278 $ 6,324 $ 140 $ 44,742 $ 623 $ 4,939 $ 5,562 $ 50,304 Noninterest income: Service charges on deposit accounts 3,061 14 — 3,075 (4) — (4) 3,071 Net refund transfer fees 2 — — 2 5,921 — 5,921 5,923 Mortgage banking income (1) — — 4,182 4,182 — — — 4,182 Interchange fee income 3,367 — — 3,367 114 — 114 3,481 Program fees (1) — — — — 715 2,627 3,342 3,342 Increase in cash surrender value of BOLI (1) 600 — — 600 — — — 600 Net losses on OREO (44) — — (44) — — — (44) Other 986 — 50 1,036 57 — 57 1,093 Total noninterest income 7,972 14 4,232 12,218 6,803 2,627 9,430 21,648 Total net revenue $ 46,250 $ 6,338 $ 4,372 $ 56,960 $ 7,426 $ 7,566 $ 14,992 $ 71,952 Net-revenue concentration (2) 64 % 9 % 6 % 79 % 10 % 11 % 21 % 100 % (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. Six Months Ended June 30, 2022 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) $ 75,306 $ 8,401 $ 357 $ 84,064 $ 17,042 $ 12,738 $ 29,780 $ 113,844 Noninterest income: Service charges on deposit accounts 6,574 25 — 6,599 (10) — (10) 6,589 Net refund transfer fees — — — — 16,001 — 16,001 16,001 Mortgage banking income (1) — — 4,420 4,420 — — — 4,420 Interchange fee income 6,401 — — 6,401 130 — 130 6,531 Program fees (1) — — — — 1,463 6,276 7,739 7,739 Increase in cash surrender value of BOLI (1) 1,235 — — 1,235 — — — 1,235 Net losses on OREO (105) — — (105) — — — (105) Contract termination fee — — — — 5,000 — 5,000 5,000 Legal settlement — — — — 13,000 — 13,000 13,000 Other 860 — 80 940 217 — 217 1,157 Total noninterest income 14,965 25 4,500 19,490 35,801 6,276 42,077 61,567 Total net revenue $ 90,271 $ 8,426 $ 4,857 $ 103,554 $ 52,843 $ 19,014 $ 71,857 $ 175,411 Net-revenue concentration (2) 51 % 5 % 3 % 59 % 30 % 11 % 41 % 100 % Six Months Ended June 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) $ 79,380 $ 13,096 $ 549 $ 93,025 $ 15,299 $ 9,846 $ 25,145 $ 118,170 Noninterest income: Service charges on deposit accounts 5,926 28 — 5,954 (10) — (10) 5,944 Net refund transfer fees 2 — — 2 18,642 — 18,642 18,644 Mortgage banking income (1) — — 11,375 11,375 — — — 11,375 Interchange fee income 6,336 — — 6,336 172 — 172 6,508 Program fees (1) — — — — 1,611 3,940 5,551 5,551 Increase in cash surrender value of BOLI (1) 990 — — 990 — — — 990 Net losses on OREO (55) — — (55) — — — (55) Other 1,557 — 78 1,635 77 — 77 1,712 Total noninterest income 14,756 28 11,453 26,237 20,492 3,940 24,432 50,669 Total net revenue $ 94,136 $ 13,124 $ 12,002 $ 119,262 $ 35,791 $ 13,786 $ 49,577 $ 168,839 Net-revenue concentration (2) 56 % 8 % 7 % 71 % 21 % 8 % 29 % 100 % (3) This revenue is not subject to ASC 606. (4) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
SEGMENT INFORMATION (Tables)	Jun. 30, 2022
SEGMENT INFORMATION
Segment Information	Three Months Ended June 30, 2022 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 $ 39,158 $ 3,886 $ 153 $ 43,197 $ 1,638 $ 6,397 $ 8,035 $ 51,232 Provision for expected credit loss expense 146 (234) — (88) 360 3,433 3,793 3,705 Net refund transfer fees — — — — 3,950 — 3,950 3,950 Mortgage banking income — — 1,763 1,763 — — — 1,763 Program fees — — — — 736 3,149 3,885 3,885 Legal settlement — — — — 13,000 — 13,000 13,000 Other noninterest income 7,731 12 46 7,789 179 — 179 7,968 Total noninterest income 7,731 12 1,809 9,552 17,865 3,149 21,014 30,566 Total noninterest expense 38,314 1,035 2,832 42,181 3,533 1,939 5,472 47,653 Income (loss) before income tax expense 8,429 3,097 (870) 10,656 15,610 4,174 19,784 30,440 Income tax expense (benefit) 1,647 692 (191) 2,148 3,465 926 4,391 6,539 Net income (loss) $ 6,782 $ 2,405 $ (679) $ 8,508 $ 12,145 $ 3,248 $ 15,393 $ 23,901 Period-end assets $ 4,997,734 $ 596,031 $ 22,342 $ 5,616,107 $ 382,156 $ 114,213 $ 496,369 $ 6,112,476 Net interest margin 3.06 % 2.69 % NM 3.02 % NM NM NM 3.51 % Net-revenue concentration* 57 % 5 % 2 % 64 % 24 % 12 % 36 % 100 % Three Months Ended June 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 $ 38,278 $ 6,324 $ 140 $ 44,742 $ 623 $ 4,939 $ 5,562 $ 50,304 Provision for expected credit loss expense (77) (65) — (142) (5,773) 1,592 (4,181) (4,323) Net refund transfer fees 2 — — 2 5,921 — 5,921 5,923 Mortgage banking income — — 4,182 4,182 — — — 4,182 Program fees — — — — 715 2,627 3,342 3,342 Other noninterest income 7,970 14 50 8,034 167 — 167 8,201 Total noninterest income 7,972 14 4,232 12,218 6,803 2,627 9,430 21,648 Total noninterest expense 36,939 1,066 3,006 41,011 3,697 1,006 4,703 45,714 Income before income tax expense 9,388 5,337 1,366 16,091 9,502 4,968 14,470 30,561 Income tax expense 1,555 1,227 301 3,083 2,326 1,230 3,556 6,639 Net income $ 7,833 $ 4,110 $ 1,065 $ 13,008 $ 7,176 $ 3,738 $ 10,914 $ 23,922 Period-end assets $ 4,774,765 $ 840,083 $ 46,816 $ 5,661,664 $ 389,999 $ 131,647 $ 521,646 $ 6,183,310 Net interest margin 2.97 % 3.48 % NM 3.03 % NM NM NM 3.33 % Net-revenue concentration* 64 % 9 % 6 % 79 % 10 % 11 % 21 % 100 % * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. Six Months Ended June 30, 2022 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 $ 75,306 $ 8,401 $ 357 $ 84,064 $ 17,042 $ 12,738 $ 29,780 $ 113,844 Provision for expected credit loss expense 466 (635) — (169) 8,272 4,828 13,100 12,931 Net refund transfer fees — — — — 16,001 — 16,001 16,001 Mortgage banking income — — 4,420 4,420 — — — 4,420 Program fees — — — — 1,463 6,276 7,739 7,739 Contract termination fee — — — — 5,000 — 5,000 5,000 Legal settlement — — — — 13,000 — 13,000 13,000 Other noninterest income 14,965 25 80 15,070 337 — 337 15,407 Total noninterest income 14,965 25 4,500 19,490 35,801 6,276 42,077 61,567 Total noninterest expense 76,533 1,987 5,522 84,042 8,678 3,506 12,184 96,226 Income (loss) before income tax expense 13,272 7,074 (665) 19,681 35,893 10,680 46,573 66,254 Income tax expense (benefit) 2,119 1,596 (146) 3,569 8,371 2,487 10,858 14,427 Net income (loss) $ 11,153 $ 5,478 $ (519) $ 16,112 $ 27,522 $ 8,193 $ 35,715 $ 51,827 Period-end assets $ 4,997,734 $ 596,031 $ 22,342 $ 5,616,107 $ 382,156 $ 114,213 $ 496,369 $ 6,112,476 Net interest margin 2.98 % 2.89 % NM 2.97 % NM NM NM 3.90 % Net-revenue concentration* 51 % 5 % 3 % 59 % 30 % 11 % 41 % 100 % Six Months Ended June 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 $ 79,380 $ 13,096 $ 549 $ 93,025 $ 15,299 $ 9,846 $ 25,145 $ 118,170 Provision for expected credit loss expense (82) (307) — (389) 10,111 1,217 11,328 10,939 Net refund transfer fees 2 — — 2 18,642 — 18,642 18,644 Mortgage banking income — — 11,375 11,375 — — — 11,375 Program fees — — — — 1,611 3,940 5,551 5,551 Other noninterest income 14,754 28 78 14,860 239 — 239 15,099 Total noninterest income 14,756 28 11,453 26,237 20,492 3,940 24,432 50,669 Total noninterest expense 74,267 2,094 6,127 82,488 8,999 2,108 11,107 93,595 Income before income tax expense 19,951 11,337 5,875 37,163 16,681 10,461 27,142 64,305 Income tax expense 3,680 2,661 1,293 7,634 4,096 2,600 6,696 14,330 Net income $ 16,271 $ 8,676 $ 4,582 $ 29,529 $ 12,585 $ 7,861 $ 20,446 $ 49,975 Period-end assets $ 4,774,765 $ 840,083 $ 46,816 $ 5,661,664 $ 389,999 $ 131,647 $ 521,646 $ 6,183,310 Net interest margin 3.21 % 3.45 % NM 3.24 % NM NM NM 3.98 % Net-revenue concentration* 56 % 8 % 7 % 71 % 21 % 8 % 29 % 100 % * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - OPERATIONS (Details)	6 Months Ended
	Jun. 30, 2022 segment item
Basis of Presentation
Number of reportable segments \| segment	5
Number of banking centers	42
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

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - SEGMENTS (Details)		1 Months Ended		2 Months Ended		3 Months Ended		6 Months Ended
	Jun. 06, 2022 USD ($)	Jan. 31, 2021	Dec. 31, 2019	Feb. 28, 2022	Feb. 28, 2021	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Jun. 30, 2022 USD ($) item
Contract termination fee
Basis of Presentation
Revenue recognized								$ 5,000,000
Contract termination fee \| Green Dot
Basis of Presentation
Revenue recognized							$ 5,000,000
Legal settlement
Basis of Presentation
Revenue recognized						$ 13,000,000		13,000,000
Legal settlement \| Green Dot
Basis of Presentation
Revenue recognized	$ 13,000,000					13,000,000
Republic Processing Group \| Contract termination fee
Basis of Presentation
Revenue recognized								5,000,000
Republic Processing Group \| Legal settlement
Basis of Presentation
Revenue recognized						$ 13,000,000		$ 13,000,000
Republic Credit Solutions \| Line of credit
Basis of Presentation
Number of service products \| item								2
Republic Credit Solutions \| LOC 1
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)								90%
Percentage of ownership maintained with each borrower								100%
Interest retained (as a percent)								10%
Loan held-for-sale term						3 days		3 days
Republic Credit Solutions \| LOC II
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)		95%
Percentage of ownership maintained with each borrower		100%
Interest retained (as a percent)		5%
Loan held-for-sale term		3 days
Republic Credit Solutions \| Installment loan
Basis of Presentation
Term for intent to sell loans			16 days
Republic Credit Solutions \| Installment loan \| Minimum
Basis of Presentation
Loan held-for-sale term			12 months
Republic Credit Solutions \| Installment loan \| Maximum
Basis of Presentation
Loan held-for-sale term			60 months
Republic Credit Solutions \| Healthcare receivables
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)								100%
Number of third party relationship \| item								2
Interest retained - Third party relationship one (as a percent)								100%
Interest retained - Third party relationship two (as a percent)								100%
Percentage of loan receivable held for sale - Third party relationship two (as a percent)								100%
Tax Refund Solutions \| Easy Advances
Basis of Presentation
Advance amount per customer								$ 6,250
Fee charged								$ 0
Period Easy Advance tax credit product offered				2 months	2 months
EA's repayment term								32 days
Maximum repayment period before Easy Advances considered delinquent								35 days
Tax Refund Solutions \| Contract termination fee
Basis of Presentation
Revenue recognized								$ 5,000,000
Tax Refund Solutions \| Legal settlement
Basis of Presentation
Revenue recognized						$ 13,000,000		$ 13,000,000
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

INVESTMENT SECURITIES - AFS (De

INVESTMENT SECURITIES - AFS (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Available-for-Sale Debt Securities
Amortized Cost	$ 651,048	$ 492,626
Gross Unrealized Gains	1,566	5,897
Gross Unrealized Losses	(30,439)	(3,397)
Allowance for Credit Losses	(30)	0
Total available-for-sale debt securities	622,145	495,126
U.S. Treasury securities and U.S. Government agencies
Available-for-Sale Debt Securities
Amortized Cost	400,771	239,880
Gross Unrealized Gains	1	473
Gross Unrealized Losses	(17,680)	(2,894)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	383,092	237,459
Private label mortgage backed security
Available-for-Sale Debt Securities
Amortized Cost	1,156	1,418
Gross Unrealized Gains	1,322	1,313
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	2,478	2,731
Mortgage backed securities - residential
Available-for-Sale Debt Securities
Amortized Cost	210,571	207,697
Gross Unrealized Gains	83	3,525
Gross Unrealized Losses	(12,384)	(473)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	198,270	210,749
Collateralized mortgage obligations
Available-for-Sale Debt Securities
Amortized Cost	24,838	29,947
Gross Unrealized Gains	48	377
Gross Unrealized Losses	(341)	(30)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	24,545	30,294
Corporate bonds
Available-for-Sale Debt Securities
Amortized Cost	10,000	10,000
Gross Unrealized Gains		46
Gross Unrealized Losses	(34)
Allowance for Credit Losses	(30)	0
Total available-for-sale debt securities	9,936	10,046
Trust Preferred Securities
Available-for-Sale Debt Securities
Amortized Cost	3,712	3,684
Gross Unrealized Gains	112	163
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	$ 3,824	$ 3,847

INVESTMENT SECURITIES - HTM (De

INVESTMENT SECURITIES - HTM (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Held-to-Maturity Debt Securities
Amortized Cost	$ 33,012	$ 44,346
Gross Unrecognized Gains	78	424
Gross Unrecognized Losses	(112)	(6)
Fair Value	32,978	44,764
Allowance for credit losses	(50)	(47)
Mortgage backed securities - residential
Held-to-Maturity Debt Securities
Amortized Cost	29	46
Fair Value	29	46
Collateralized mortgage obligations
Held-to-Maturity Debt Securities
Amortized Cost	7,772	9,080
Gross Unrecognized Gains	70	158
Gross Unrecognized Losses	(20)
Fair Value	7,822	9,238
Corporate bonds
Held-to-Maturity Debt Securities
Amortized Cost	24,966	34,975
Gross Unrecognized Gains	8	263
Gross Unrecognized Losses	(92)	(6)
Fair Value	24,882	35,232
Allowance for credit losses	(50)	(47)
Obligations of state and political subdivisions
Held-to-Maturity Debt Securities
Amortized Cost	245	245
Gross Unrecognized Gains		3
Fair Value	$ 245	$ 248

INVESTMENT SECURITIES - AMORTIZ

INVESTMENT SECURITIES - AMORTIZED COST AND FV (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Securities available for Sale - Amortized Cost
Due in one year or less	$ 61,344
Due from one year to five years	349,427
Due beyond ten years	3,712
Amortized Cost	651,048	$ 492,626
Securities available for Sale - Fair Value
Due in one year or less	61,128
Due from one year to five years	331,900
Due beyond ten years	3,824
Total securities	622,145	495,126
Securities held to maturity - Amortized Cost
Due in one year or less	120
Due from one year to five years	25,091
Total securities	33,012	44,346
Securities held to maturity - Fair Value
Due in one year or less	120
Due from one year to five years	25,007
Fair Value	32,978	44,764
Private label mortgage backed security
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	1,156
Amortized Cost	1,156	1,418
Securities available for Sale - Fair Value
Securities not due at a single maturity date	2,478
Total securities	2,478	2,731
Mortgage backed securities - residential
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	210,571
Amortized Cost	210,571	207,697
Securities available for Sale - Fair Value
Securities not due at a single maturity date	198,270
Total securities	198,270	210,749
Securities held to maturity - Amortized Cost
Securities not due at a single maturity date	29
Total securities	29	46
Securities held to maturity - Fair Value
Securities not due at a single maturity date	29
Fair Value	29	46
Collateralized mortgage obligations
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	24,838
Amortized Cost	24,838	29,947
Securities available for Sale - Fair Value
Securities not due at a single maturity date	24,545
Total securities	24,545	30,294
Securities held to maturity - Amortized Cost
Securities not due at a single maturity date	7,772
Total securities	7,772	9,080
Securities held to maturity - Fair Value
Securities not due at a single maturity date	7,822
Fair Value	$ 7,822	$ 9,238

INVESTMENT SECURITIES - INVESTM

INVESTMENT SECURITIES - INVESTMENT CATEGORY (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Available-for-sale debt securities
Less than 12 months Fair Value	$ 506,118	$ 266,570
Less than 12 months Unrealized Losses	(25,307)	(3,125)
12 months or more Fair Value	64,902	9,728
12 months or more Unrealized Losses	(5,098)	(272)
Total Fair Value	571,020	276,298
Total Unrealized Losses	$ (30,405)	$ (3,397)
Number of securities held	179	173
Number of securities held in an unrealized loss position	127	29
Maximum percentage of holdings of securities of any one issuer, other than the U.S. Government and its agencies	10%	10%
U.S. Treasury securities and U.S. Government agencies
Available-for-sale debt securities
Less than 12 months Fair Value	$ 296,890	$ 177,138
Less than 12 months Unrealized Losses	(12,582)	(2,622)
12 months or more Fair Value	64,902	9,728
12 months or more Unrealized Losses	(5,098)	(272)
Total Fair Value	361,792	186,866
Total Unrealized Losses	(17,680)	(2,894)
Mortgage backed securities - residential
Available-for-sale debt securities
Less than 12 months Fair Value	193,002	84,937
Less than 12 months Unrealized Losses	(12,384)	(473)
Total Fair Value	193,002	84,937
Total Unrealized Losses	(12,384)	(473)
Collateralized mortgage obligations
Available-for-sale debt securities
Less than 12 months Fair Value	16,226	4,495
Less than 12 months Unrealized Losses	(341)	(30)
Total Fair Value	16,226	4,495
Total Unrealized Losses	$ (341)	$ (30)

INVESTMENT SECURITIES - PRIVATE

INVESTMENT SECURITIES - PRIVATE LABEL MORTGAGE-BACKED SECURITY (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Bank's private label mortgage backed security credit losses recognized in earnings
Number of securities held	179	173
Available-for-sale debt securities	$ 622,145	$ 495,126
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	$ 2,478	$ 2,731

INVESTMENT SECURITIES - CORPORA

INVESTMENT SECURITIES - CORPORATE BONDS AND MORTGAGE BACKED SECURITIES (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Private label mortgage backed security
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Securities	$ 2,478,000
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	$ 12,700,000	$ 503,000

INVESTMENT SECURITIES - TRUST P

INVESTMENT SECURITIES - TRUST PREFERRED SECURITY (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2015
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Amount of floating rate purchased	$ 189,820	$ 111,664
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%
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 - ACLS RO

INVESTMENT SECURITIES - ACLS ROLLFORWARD (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Debt Securities
Balance	$ 40,000	$ 103,000	$ 47,000	$ 178,000
Provision	40,000	(47,000)	33,000	(122,000)
Balance	80,000	56,000	80,000	56,000
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 HTM debt securities excluded from ACLS	118,000		118,000		89,000
Accrued interest on AFS debt securities excluded from ACLS	2,000,000		2,000,000		$ 1,000,000
Corporate bonds \| Available-for-Sale Securities
Debt Securities
Provision	30,000		30,000
Balance	30,000		30,000
Corporate bonds \| Held-to-Maturity Securities
Debt Securities
Balance	40,000	103,000	47,000	178,000
Provision	10,000	(47,000)	3,000	(122,000)
Balance	$ 50,000	$ 56,000	$ 50,000	$ 56,000

INVESTMENT SECURITIES - PLEDGED

INVESTMENT SECURITIES - PLEDGED DEBT SECURITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
INVESTMENT SECURITIES
Carrying amount	$ 415,244	$ 319,650
Fair value	$ 415,244	$ 319,808

INVESTMENT SECURITIES - EQUITY

INVESTMENT SECURITIES - EQUITY SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Equity securities
Amortized Cost					$ 2,500
Gross Unrealized Gains			$ 189		170
Gross Unrealized Losses					(50)
Fair Value	$ 189		189		2,620
Gains (Losses) Recognized on Equity securities, Realized	(97)		(209)
Gains (Losses) Recognized on Equity securities, Unrealized	25	$ 207	19	$ (482)
Gains (Losses) Recognized on Equity securities, Total	(72)	207	(190)	(482)
Freddie Mac preferred stock
Equity securities
Gross Unrealized Gains			189		170
Fair Value	189		189		170
Gains (Losses) Recognized on Equity securities, Unrealized	25	191	19	(444)
Gains (Losses) Recognized on Equity securities, Total	25	191	19	(444)
Mutual fund
Equity securities
Amortized Cost					2,500
Gross Unrealized Losses					(50)
Fair Value					$ 2,450
Gains (Losses) Recognized on Equity securities, Realized	(97)		(209)
Gains (Losses) Recognized on Equity securities, Unrealized		16		(38)
Gains (Losses) Recognized on Equity securities, Total	$ (97)	$ 16	$ (209)	$ (38)

LOANS HELD FOR SALE - CONSUMER

LOANS HELD FOR SALE - CONSUMER LOANS - HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Consumer Loans Held For Sale At Fair Value [RollForward]
Balance, beginning of period	$ 11,709	$ 3,970	$ 19,747	$ 3,298
Origination of consumer loans held for sale	98,704	49,607	195,436	68,697
Proceeds from the sale of consumer loans held for sale	(94,435)	(41,974)	(201,083)	(60,904)
Net gain on sale of consumer loans held for sale	1,481	1,417	3,359	1,929
Balance, end of period	$ 17,459	$ 13,020	$ 17,459	$ 13,020

LOANS HELD FOR SALE - CONSUME_2

LOANS HELD FOR SALE - CONSUMER LOANS - LOWER COST (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Carried at lower of cost or fair value
Balance, beginning of period		$ 3,026	$ 11,701	$ 2,937	$ 1,478
Origination of consumer loans held for sale		184,078	137,164	332,560	235,348
Proceeds from the sale of consumer loans held for sale		(174,994)	(138,852)	(324,626)	(227,606)
Net gain on sale of consumer loans held for sale		1,667	1,399	2,906	2,192
Balance, end of period		$ 13,777	$ 11,412	$ 13,777	$ 11,412
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%
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%
Republic Credit Solutions \| Healthcare receivables
Loans held for sale
Percentage of loan receivable held for sale (as a percent)				100%
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	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Loans disclosures
Total loans	$ 4,362,233		$ 4,496,562
Allowance for credit losses	(64,449)	$ (71,656)	(64,577)	$ (60,291)	$ (75,336)	$ (61,067)
Loans, net	4,297,784		4,431,985
Core Banking Activities
Loans disclosures
Total loans	4,270,268		4,352,509
Allowance for credit losses	(51,218)	(51,341)	(51,533)	(51,462)	(51,552)	(52,106)
Traditional Banking
Loans disclosures
Total loans	3,673,590		3,501,959
Allowance for credit losses	(49,727)	(49,616)	(49,407)	(49,362)	(49,387)	(49,699)
Republic Processing Group
Loans disclosures
Total loans	91,965		144,053
Allowance for credit losses	(13,231)	(20,315)	(13,044)	(8,829)	(23,784)	(8,961)
Residential Real Estate \| Residential Real Estate - Owner Occupied
Loans disclosures
Total loans	832,137		820,731
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Traditional Banking
Loans disclosures
Total loans	832,137		820,731
Allowance for credit losses	(8,445)	(8,358)	(8,647)	(8,977)	(9,489)	(9,715)
Residential Real Estate \| Residential Real Estate - Non Owner Occupied
Loans disclosures
Total loans	313,534		306,323
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Traditional Banking
Loans disclosures
Total loans	313,534		306,323
Allowance for credit losses	(2,733)	(2,746)	(2,700)	(2,551)	(2,532)	(2,466)
Residential Real Estate \| Home equity
Loans disclosures
Total loans	214,069		210,578
Residential Real Estate \| Home equity \| Traditional Banking
Loans disclosures
Total loans	214,069		210,578
Allowance for credit losses	(4,113)	(4,044)	(4,111)	(4,305)	(4,615)	(4,990)
Commercial Real Estate
Loans disclosures
Total loans	1,569,119		1,456,009
Commercial Real Estate \| Traditional Banking
Loans disclosures
Total loans	1,569,119		1,456,009
Allowance for credit losses	(24,341)	(24,624)	(23,769)	(23,307)	(23,801)	(23,606)
Construction & land development
Loans disclosures
Total loans	137,452		129,337
Construction & land development \| Traditional Banking
Loans disclosures
Total loans	137,452		129,337
Allowance for credit losses	(3,591)	(3,893)	(4,128)	(3,299)	(3,593)	(3,274)
Commercial \| Commercial and Industrial
Loans disclosures
Total loans	394,175		340,363
Commercial \| Commercial and Industrial \| Traditional Banking
Loans disclosures
Total loans	394,175		340,363
Allowance for credit losses	(3,768)	(3,412)	(3,487)	(4,117)	(2,718)	(2,797)
Commercial \| Paycheck Protection Program
Loans disclosures
Total loans	14,657		56,014
Commercial \| Paycheck Protection Program \| Traditional Banking
Loans disclosures
Total loans	14,657		56,014
Loans, net	15,000		56,000
Lease Financing Receivables
Loans disclosures
Total loans	11,345		8,637
Lease Financing Receivables \| Traditional Banking
Loans disclosures
Total loans	11,345		8,637
Allowance for credit losses	(119)	(109)	(91)	(97)	(104)	(106)
Aircraft
Loans disclosures
Total loans	159,958		142,894
Aircraft \| Traditional Banking
Loans disclosures
Total loans	159,958		142,894
Allowance for credit losses	(400)	(378)	(357)	(303)	(265)	(253)
Consumer
Loans disclosures
Total loans	27,144		31,073
Consumer \| Credit cards \| Traditional Banking
Loans disclosures
Total loans	15,419		14,510
Allowance for credit losses	(994)	(944)	(934)	(949)	(930)	(929)
Consumer \| Overdrafts \| Traditional Banking
Loans disclosures
Total loans	901		683
Allowance for credit losses	(901)	(716)	(683)	(717)	(473)	(587)
Consumer \| Automobile loans \| Traditional Banking
Loans disclosures
Total loans	9,579		14,448
Allowance for credit losses	(122)	(151)	(186)	(273)	(334)	(399)
Consumer \| Other consumer \| Traditional Banking
Loans disclosures
Total loans	1,245		1,432
Allowance for credit losses	(200)	(241)	(314)	(467)	(533)	(577)
Warehouse lines of credit
Loans disclosures
Total loans	596,678		850,550
Warehouse lines of credit \| Core Banking Activities
Loans disclosures
Total loans	596,678		850,550
Warehouse lines of credit \| Warehouse Lending
Loans disclosures
Total loans	596,678
Allowance for credit losses	(1,491)	(1,725)	(2,126)	(2,100)	(2,165)	(2,407)
Tax Refund Solution
Loans disclosures
Total loans	149		50,987
Tax Refund Solution \| Easy Advances \| Republic Processing Group
Loans disclosures
Allowance for credit losses		(8,315)			(16,019)
Tax Refund Solution \| Other TRS loans \| Republic Processing Group
Loans disclosures
Total loans	149		50,987
Allowance for credit losses		(55)	(96)		(10)	(158)
Republic Credit Solution
Loans disclosures
Total loans	91,816		93,066
Republic Credit Solution \| Republic Processing Group
Loans disclosures
Total loans	91,816		93,066
Allowance for credit losses	$ (13,231)	$ (11,945)	$ (12,948)	$ (8,829)	$ (7,755)	$ (8,803)

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Contractually receivable	$ 4,364,937	$ 4,498,671
Unearned income	(679)	(542)
Unamortized premiums	111	116
Unaccreted discounts	(574)	(641)
PPP net unamortized deferred origination fees and costs	(303)	(1,203)
Other net unamortized deferred origination (fees) and costs	(1,259)	161
Carrying value of loans	$ 4,362,233	$ 4,496,562

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES - PAYCHECK PROTECTION PROGRAM (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net	$ 4,297,784		$ 4,431,985
Commercial \| Paycheck Protection Program \| Traditional Banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net	15,000		56,000
PPP fees recognized	$ 1,000	$ 9,400	$ 17,500	$ 8,600

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RISK CATEGORY (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Risk category of rated loans
Year One	$ 542,138	$ 1,143,061
Year Two	1,012,378	669,000
Year Three	566,130	411,059
Year Four	360,637	223,625
Prior	757,728	670,768
Revolving Loans Amortized Cost Basis	1,010,089	1,292,568
Revolving Loans Converted To Term Loans	113,133	86,481
Loans	4,362,233	4,496,562
Loans held for investment fair value	45	170
Pass
Risk category of rated loans
Year One	540,223	1,107,641
Year Two	985,210	663,162
Year Three	562,635	375,819
Year Four	334,771	208,648
Prior	718,712	626,424
Revolving Loans Amortized Cost Basis	1,007,692	1,289,690
Revolving Loans Converted To Term Loans	113,133	86,481
Loans	4,262,376	4,357,865
Special Mention
Risk category of rated loans
Year One	1,915	35,375
Year Two	27,126	4,844
Year Three	2,406	34,094
Year Four	24,377	11,274
Prior	25,069	29,075
Revolving Loans Amortized Cost Basis	898	629
Loans	81,791	115,291
Substandard
Risk category of rated loans
Year One		45
Year Two	42	994
Year Three	1,089	1,146
Year Four	1,489	3,703
Prior	13,947	15,269
Revolving Loans Amortized Cost Basis	1,499	2,249
Loans	18,066	23,406
Core Banking Activities
Risk category of rated loans
Loans	4,270,268	4,352,509
Traditional Banking
Risk category of rated loans
Loans	3,673,590	3,501,959
Republic Processing Group
Risk category of rated loans
Loans	91,965	144,053
Residential Real Estate \| Residential Real Estate - Owner Occupied
Risk category of rated loans
Year One	95,596	219,327
Year Two	201,222	213,880
Year Three	201,221	89,865
Year Four	79,942	51,523
Prior	254,156	246,136
Loans	832,137	820,731
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Pass
Risk category of rated loans
Year One	95,596	218,981
Year Two	201,218	213,010
Year Three	200,132	89,186
Year Four	78,397	50,301
Prior	235,958	226,852
Loans	811,301	798,330
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Special Mention
Risk category of rated loans
Year One		301
Year Four	189	33
Prior	7,681	8,209
Loans	7,870	8,543
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Substandard
Risk category of rated loans
Year One		45
Year Two	4	870
Year Three	1,089	679
Year Four	1,356	1,189
Prior	10,517	11,075
Loans	12,966	13,858
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Traditional Banking
Risk category of rated loans
Loans	832,137	820,731
Residential Real Estate \| Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Year One	45,525	107,041
Year Two	98,457	65,786
Year Three	58,325	44,376
Year Four	36,582	29,292
Prior	68,782	56,099
Revolving Loans Converted To Term Loans	5,863	3,729
Loans	313,534	306,323
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Pass
Risk category of rated loans
Year One	45,525	107,041
Year Two	98,419	65,786
Year Three	58,325	44,376
Year Four	36,582	29,292
Prior	68,566	55,872
Revolving Loans Converted To Term Loans	5,863	3,729
Loans	313,280	306,096
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Special Mention
Risk category of rated loans
Prior	126	132
Loans	126	132
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Substandard
Risk category of rated loans
Year Two	38
Prior	90	95
Loans	128	95
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Traditional Banking
Risk category of rated loans
Loans	313,534	306,323
Residential Real Estate \| Home equity
Risk category of rated loans
Revolving Loans Amortized Cost Basis	214,069	210,578
Loans	214,069	210,578
Residential Real Estate \| Home equity \| Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	212,580	208,429
Loans	212,580	208,429
Residential Real Estate \| Home equity \| Special Mention
Risk category of rated loans
Revolving Loans Amortized Cost Basis	348	279
Loans	348	279
Residential Real Estate \| Home equity \| Substandard
Risk category of rated loans
Revolving Loans Amortized Cost Basis	1,141	1,870
Loans	1,141	1,870
Residential Real Estate \| Home equity \| Traditional Banking
Risk category of rated loans
Loans	214,069	210,578
Commercial Real Estate
Risk category of rated loans
Year One	253,974	492,154
Year Two	452,688	258,549
Year Three	230,876	183,129
Year Four	169,187	107,872
Prior	333,658	308,906
Revolving Loans Amortized Cost Basis	24,290	25,188
Revolving Loans Converted To Term Loans	104,446	80,211
Loans	1,569,119	1,456,009
Commercial Real Estate \| Pass
Risk category of rated loans
Year One	252,650	472,095
Year Two	439,645	256,039
Year Three	228,470	153,224
Year Four	145,692	94,212
Prior	315,211	286,223
Revolving Loans Amortized Cost Basis	24,040	25,188
Revolving Loans Converted To Term Loans	104,446	80,211
Loans	1,510,154	1,367,192
Commercial Real Estate \| Special Mention
Risk category of rated loans
Year One	1,324	20,059
Year Two	13,043	2,399
Year Three	2,406	29,639
Year Four	23,495	11,207
Prior	15,431	18,778
Revolving Loans Amortized Cost Basis	250
Loans	55,949	82,082
Commercial Real Estate \| Substandard
Risk category of rated loans
Year Two		111
Year Three		266
Year Four		2,453
Prior	3,016	3,905
Loans	3,016	6,735
Commercial Real Estate \| Traditional Banking
Risk category of rated loans
Loans	1,569,119	1,456,009
Construction & land development
Risk category of rated loans
Year One	50,812	88,743
Year Two	76,293	31,117
Year Three	5,013	6,269
Year Four	770	1,155
Prior	2,744	128
Revolving Loans Amortized Cost Basis	1,820	1,925
Loans	137,452	129,337
Construction & land development \| Pass
Risk category of rated loans
Year One	50,812	88,743
Year Two	76,293	30,593
Year Three	5,013	2,599
Year Four	770	1,155
Prior	2,744	128
Revolving Loans Amortized Cost Basis	1,820	1,925
Loans	137,452	125,143
Construction & land development \| Special Mention
Risk category of rated loans
Year Two		524
Year Three		3,670
Loans		4,194
Construction & land development \| Traditional Banking
Risk category of rated loans
Loans	137,452	129,337
Commercial \| Commercial and Industrial
Risk category of rated loans
Year One	53,637	120,163
Year Two	105,991	36,295
Year Three	26,068	55,488
Year Four	46,968	18,144
Prior	54,290	46,928
Revolving Loans Amortized Cost Basis	104,397	60,804
Revolving Loans Converted To Term Loans	2,824	2,541
Loans	394,175	340,363
Commercial \| Commercial and Industrial \| Pass
Risk category of rated loans
Year One	53,046	105,148
Year Two	91,908	34,361
Year Three	26,068	54,524
Year Four	46,155	18,110
Prior	52,459	44,972
Revolving Loans Amortized Cost Basis	104,097	60,454
Revolving Loans Converted To Term Loans	2,824	2,541
Loans	376,557	320,110
Commercial \| Commercial and Industrial \| Special Mention
Risk category of rated loans
Year One	591	15,015
Year Two	14,083	1,921
Year Three		785
Year Four	693	34
Prior	1,831	1,956
Revolving Loans Amortized Cost Basis	300	350
Loans	17,498	20,061
Commercial \| Commercial and Industrial \| Substandard
Risk category of rated loans
Year Two		13
Year Three		179
Year Four	120
Loans	120	192
Commercial \| Commercial and Industrial \| Traditional Banking
Risk category of rated loans
Loans	394,175	340,363
Commercial \| Paycheck Protection Program
Risk category of rated loans
Year One		40,607
Year Two	12,207	15,407
Year Three	2,450
Loans	14,657	56,014
Commercial \| Paycheck Protection Program \| Pass
Risk category of rated loans
Year One		40,607
Year Two	12,207	15,407
Year Three	2,450
Loans	14,657	56,014
Commercial \| Paycheck Protection Program \| Traditional Banking
Risk category of rated loans
Loans	14,657	56,014
Aircraft
Risk category of rated loans
Year One	32,905	65,886
Year Two	59,236	43,301
Year Three	39,231	22,933
Year Four	20,316	9,119
Prior	8,270	1,655
Loans	159,958	142,894
Aircraft \| Pass
Risk category of rated loans
Year One	32,905	65,886
Year Two	59,236	43,301
Year Three	39,231	22,933
Year Four	20,316	9,119
Prior	8,270	1,655
Loans	159,958	142,894
Aircraft \| Traditional Banking
Risk category of rated loans
Loans	159,958	142,894
Lease Financing Receivables
Risk category of rated loans
Year One	4,423	2,638
Year Two	2,283	839
Year Three	617	2,641
Year Four	2,231	1,264
Prior	1,791	1,255
Loans	11,345	8,637
Lease Financing Receivables \| Pass
Risk category of rated loans
Year One	4,423	2,638
Year Two	2,283	839
Year Three	617	2,641
Year Four	2,231	1,264
Prior	1,791	1,255
Loans	11,345	8,637
Lease Financing Receivables \| Traditional Banking
Risk category of rated loans
Loans	11,345	8,637
Consumer
Risk category of rated loans
Year One	828	978
Year Two	682	417
Year Three	280	4,716
Year Four	3,443	4,387
Prior	6,389	5,962
Revolving Loans Amortized Cost Basis	15,522	14,613
Loans	27,144	31,073
Consumer \| Pass
Risk category of rated loans
Year One	828	978
Year Two	682	417
Year Three	280	4,694
Year Four	3,430	4,326
Prior	6,065	5,768
Revolving Loans Amortized Cost Basis	15,522	14,613
Loans	26,807	30,796
Consumer \| Substandard
Risk category of rated loans
Year Three		22
Year Four	13	61
Prior	324	194
Loans	337	277
Consumer \| Credit cards \| Traditional Banking
Risk category of rated loans
Loans	15,419	14,510
Consumer \| Overdrafts \| Traditional Banking
Risk category of rated loans
Loans	901	683
Consumer \| Automobile loans \| Traditional Banking
Risk category of rated loans
Loans	9,579	14,448
Consumer \| Other consumer \| Traditional Banking
Risk category of rated loans
Loans	1,245	1,432
Warehouse lines of credit
Risk category of rated loans
Revolving Loans Amortized Cost Basis	596,678	850,550
Loans	596,678	850,550
Warehouse lines of credit \| Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	596,678	850,550
Loans	596,678	850,550
Warehouse lines of credit \| Core Banking Activities
Risk category of rated loans
Loans	596,678	850,550
Warehouse lines of credit \| Warehouse Lending
Risk category of rated loans
Loans	596,678
Tax Refund Solution
Risk category of rated loans
Revolving Loans Amortized Cost Basis	149	50,987
Loans	149	50,987
Tax Refund Solution \| Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	149	50,987
Loans	149	50,987
Tax Refund Solution \| Other TRS loans \| Republic Processing Group
Risk category of rated loans
Loans	149	50,987
Republic Credit Solution
Risk category of rated loans
Year One	4,438	5,524
Year Two	3,319	3,409
Year Three	2,049	1,642
Year Four	1,198	869
Prior	27,648	3,699
Revolving Loans Amortized Cost Basis	53,164	77,923
Loans	91,816	93,066
Republic Credit Solution \| Pass
Risk category of rated loans
Year One	4,438	5,524
Year Two	3,319	3,409
Year Three	2,049	1,642
Year Four	1,198	869
Prior	27,648	3,699
Revolving Loans Amortized Cost Basis	52,806	77,544
Loans	91,458	92,687
Republic Credit Solution \| Substandard
Risk category of rated loans
Revolving Loans Amortized Cost Basis	358	379
Loans	358	379
Republic Credit Solution \| Republic Processing Group
Risk category of rated loans
Loans	$ 91,816	$ 93,066

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES - ALLOWANCE ACTIVITY (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Allowance for loan losses rollforward
Beginning Balance	$ 71,656	$ 75,336	$ 64,577	$ 60,291	$ 61,067
Provision	3,665	(4,276)	12,898		11,061
Charge-offs	(14,314)	(11,044)	(17,250)		(12,467)
Recoveries	3,442	275	4,224		630
Ending Balance	64,449	60,291	$ 64,449	$ 64,577	60,291
Forecast period for unemployment and general CRE values			1 year	1 year
Core Banking Activities
Allowance for loan losses rollforward
Beginning Balance	51,341	51,552	$ 51,533	$ 51,462	52,106
Provision	(128)	(95)	(202)		(267)
Charge-offs	(245)	(161)	(508)		(798)
Recoveries	250	166	395		421
Ending Balance	51,218	51,462	51,218	51,533	51,462
Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	49,616	49,387	49,407	49,362	49,699
Provision	106	(30)	433		40
Charge-offs	(245)	(161)	(508)		(798)
Recoveries	250	166	395		421
Ending Balance	49,727	49,362	49,727	49,407	49,362
Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	20,315	23,784	13,044	8,829	8,961
Provision	3,793	(4,181)	13,100		11,328
Charge-offs	(14,069)	(10,883)	(16,742)		(11,669)
Recoveries	3,192	109	3,829		209
Ending Balance	13,231	8,829	13,231	13,044	8,829
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	8,358	9,489	8,647	8,977	9,715
Provision	62	(530)	(269)		(783)
Recoveries	25	18	67		45
Ending Balance	8,445	8,977	8,445	8,647	8,977
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	2,746	2,532	2,700	2,551	2,466
Provision	(14)	18	31		84
Recoveries	1	1	2		1
Ending Balance	2,733	2,551	2,733	2,700	2,551
Residential Real Estate \| Home equity \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	4,044	4,615	4,111	4,305	4,990
Provision	(40)	(344)	(110)		(726)
Recoveries	109	34	112		41
Ending Balance	4,113	4,305	4,113	4,111	4,305
Commercial Real Estate \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	24,624	23,801	23,769	23,307	23,606
Provision	(284)	(506)	570		49
Charge-offs					(428)
Recoveries	1	12	2		80
Ending Balance	24,341	23,307	24,341	23,769	23,307
Construction & land development \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	3,893	3,593	4,128	3,299	3,274
Provision	(302)	(294)	(537)		25
Ending Balance	3,591	3,299	3,591	4,128	3,299
Commercial \| Commercial and Industrial \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	3,412	2,718	3,487	4,117	2,797
Provision	348	1,395	264		1,309
Recoveries	8	4	17		11
Ending Balance	3,768	4,117	3,768	3,487	4,117
Lease Financing Receivables \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	109	104	91	97	106
Provision	10	(7)	28		(9)
Ending Balance	119	97	119	91	97
Aircraft \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	378	265	357	303	253
Provision	22	38	43		50
Ending Balance	400	303	400	357	303
Consumer \| Credit cards \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	944	930	934	949	929
Provision	59	42	91		86
Charge-offs	(31)	(33)	(70)		(90)
Recoveries	22	10	39		24
Ending Balance	994	949	994	934	949
Consumer \| Overdrafts \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	716	473	683	717	587
Provision	315	281	503		208
Charge-offs	(194)	(111)	(408)		(249)
Recoveries	64	74	123		171
Ending Balance	901	717	901	683	717
Consumer \| Automobile loans \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	151	334	186	273	399
Provision	(32)	(66)	(68)		(144)
Recoveries	3	5	4		18
Ending Balance	122	273	122	186	273
Consumer \| Other consumer \| Traditional Banking
Allowance for loan losses rollforward
Beginning Balance	241	533	314	467	577
Provision	(38)	(57)	(113)		(109)
Charge-offs	(20)	(17)	(30)		(31)
Recoveries	17	8	29		30
Ending Balance	200	467	200	314	467
Warehouse lines of credit \| Warehouse Lending
Allowance for loan losses rollforward
Beginning Balance	1,725	2,165	2,126	2,100	2,407
Provision	(234)	(65)	(635)		(307)
Ending Balance	1,491	2,100	1,491	2,126	2,100
Tax Refund Solution \| Easy Advances \| Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	8,315	16,019
Provision	564	(5,793)	8,879		10,226
Charge-offs	(11,505)	(10,256)	(11,505)		(10,256)
Recoveries	2,626	30	2,626		30
Tax Refund Solution \| Other TRS loans \| Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	55	10	96		158
Provision	(204)	20	(607)		(115)
Charge-offs	(153)	(30)	(153)		(51)
Recoveries	302		664		8
Ending Balance				96
Republic Credit Solution \| Republic Processing Group
Allowance for loan losses rollforward
Beginning Balance	11,945	7,755	12,948	8,829	8,803
Provision	3,433	1,592	4,828		1,217
Charge-offs	(2,411)	(597)	(5,084)		(1,362)
Recoveries	264	79	539		171
Ending Balance	$ 13,231	$ 8,829	$ 13,231	$ 12,948	$ 8,829

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NON-PERFORMING LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 16,168	$ 20,504
Loans past due 90 days or more and still on accrual	42	48
Total nonperforming loans	16,210	20,552
Other real estate owned	1,687	1,792
Total nonperforming assets	$ 17,897	$ 22,344
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.37%	0.46%
Nonperforming assets to total loans (including OREO) (as percent)	0.41%	0.50%
Nonperforming assets to total assets (as percent)	0.29%	0.37%
Core Banking Activities
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 16,168	$ 20,504
Loans past due 90 days or more and still on accrual		$ 1
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.38%	0.47%
Nonperforming assets to total loans (including OREO) (as percent)	0.42%	0.51%
Nonperforming assets to total assets (as percent)	0.32%	0.40%

LOANS AND ALLOWANCE FOR CREDI_9

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NONACCRUAL (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) item	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Aging or recorded investments in loans
Nonaccrual with ACLL	$ 3,294		$ 3,294		$ 6,097
Nonaccrual with no ACLL	12,874		12,874		14,407
Nonaccrual	16,168		16,168		20,504
Financing Receivable, 90 Days or More Past Due, Still Accruing	42		42		48
Interest Income Recognized on Nonaccrual Loans	301	$ 232	$ 1,100	$ 539
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	16,168		$ 16,168		20,504
Financing Receivable, 90 Days or More Past Due, Still Accruing					1
Traditional Banking
Aging or recorded investments in loans
Nonaccrual	16,168		16,168		20,504
Financing Receivable, 90 Days or More Past Due, Still Accruing					1
Republic Processing Group
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	42		42		47
Residential Real Estate \| Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	18		18		1,944
Nonaccrual with no ACLL	11,520		11,520		10,095
Nonaccrual	11,538		11,538		12,039
Interest Income Recognized on Nonaccrual Loans	154	166	257	414
Residential Real Estate \| Residential Real Estate - Owner Occupied \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	11,538		11,538		12,039
Residential Real Estate \| Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	37		37		31
Nonaccrual with no ACLL	91		91		64
Nonaccrual	128		128		95
Interest Income Recognized on Nonaccrual Loans	1	2	1	3
Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	128		128		95
Residential Real Estate \| Home equity
Aging or recorded investments in loans
Nonaccrual with no ACLL	1,016		1,016		1,700
Nonaccrual	1,016		1,016		1,700
Interest Income Recognized on Nonaccrual Loans	84	26	146	66
Residential Real Estate \| Home equity \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	1,016		1,016		1,700
Commercial Real Estate
Aging or recorded investments in loans
Nonaccrual with ACLL	3,228		3,228		4,105
Nonaccrual with no ACLL					2,452
Nonaccrual	3,228		3,228		6,557
Interest Income Recognized on Nonaccrual Loans	14	36	644	51
Commercial Real Estate \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	3,228		3,228		6,557
Commercial \| Commercial and Industrial
Aging or recorded investments in loans
Nonaccrual with no ACLL					13
Nonaccrual					13
Interest Income Recognized on Nonaccrual Loans				1
Commercial \| Commercial and Industrial \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual					13
Consumer
Aging or recorded investments in loans
Nonaccrual with ACLL	11		11		17
Nonaccrual with no ACLL	247		247		83
Nonaccrual	258		258		100
Interest Income Recognized on Nonaccrual Loans	48	$ 2	52	$ 4
Consumer \| Overdrafts \| Traditional Banking
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing					1
Consumer \| Automobile loans \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	36		36		97
Consumer \| Other consumer \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	222		222		3
Republic Credit Solution \| Republic Processing Group
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	$ 42		$ 42		$ 47

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES - DELINQUENT LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Aging or recorded investments in loans
Carrying value of loans	$ 4,362,233	$ 4,496,562
30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	$ 6,477	$ 5,842
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.15%	0.13%
60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	$ 2,278	$ 1,410
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.05%	0.03%
90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	$ 2,696	$ 6,213
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.06%	0.14%
Past Due
Aging or recorded investments in loans
Carrying value of loans	$ 11,451	$ 13,465
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.26%	0.30%
Current
Aging or recorded investments in loans
Carrying value of loans	$ 4,350,782	$ 4,483,097
Residential Real Estate \| Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	832,137	820,731
Residential Real Estate \| Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	313,534	306,323
Residential Real Estate \| Home equity
Aging or recorded investments in loans
Carrying value of loans	214,069	210,578
Commercial Real Estate
Aging or recorded investments in loans
Carrying value of loans	1,569,119	1,456,009
Construction & land development
Aging or recorded investments in loans
Carrying value of loans	137,452	129,337
Commercial \| Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	394,175	340,363
Commercial \| Paycheck Protection Program
Aging or recorded investments in loans
Carrying value of loans	14,657	56,014
Lease Financing Receivables
Aging or recorded investments in loans
Carrying value of loans	11,345	8,637
Aircraft
Aging or recorded investments in loans
Carrying value of loans	159,958	142,894
Consumer
Aging or recorded investments in loans
Carrying value of loans	27,144	31,073
Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	596,678	850,550
Tax Refund Solution
Aging or recorded investments in loans
Carrying value of loans	149	50,987
Republic Credit Solution
Aging or recorded investments in loans
Carrying value of loans	91,816	93,066
Core Banking Activities
Aging or recorded investments in loans
Carrying value of loans	4,270,268	4,352,509
Core Banking Activities \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,563	832
Core Banking Activities \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,135	432
Core Banking Activities \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2,654	6,166
Core Banking Activities \| Past Due
Aging or recorded investments in loans
Carrying value of loans	5,352	7,430
Core Banking Activities \| Current
Aging or recorded investments in loans
Carrying value of loans	4,264,916	4,345,079
Core Banking Activities \| Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	596,678	850,550
Core Banking Activities \| Warehouse lines of credit \| Current
Aging or recorded investments in loans
Carrying value of loans		850,550
Traditional Banking
Aging or recorded investments in loans
Carrying value of loans	3,673,590	3,501,959
Traditional Banking \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,563	832
Traditional Banking \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,135	432
Traditional Banking \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2,654	6,166
Traditional Banking \| Past Due
Aging or recorded investments in loans
Carrying value of loans	5,352	7,430
Traditional Banking \| Current
Aging or recorded investments in loans
Carrying value of loans	3,668,238	3,494,529
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	832,137	820,731
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,340	606
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	796	383
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	333	610
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| Past Due
Aging or recorded investments in loans
Carrying value of loans	2,469	1,599
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| Current
Aging or recorded investments in loans
Carrying value of loans	829,668	819,132
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	313,534	306,323
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	41
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Past Due
Aging or recorded investments in loans
Carrying value of loans	41
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Current
Aging or recorded investments in loans
Carrying value of loans	313,493	306,323
Traditional Banking \| Residential Real Estate \| Home equity
Aging or recorded investments in loans
Carrying value of loans	214,069	210,578
Traditional Banking \| Residential Real Estate \| Home equity \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	8	38
Traditional Banking \| Residential Real Estate \| Home equity \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	10	35
Traditional Banking \| Residential Real Estate \| Home equity \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	132	241
Traditional Banking \| Residential Real Estate \| Home equity \| Past Due
Aging or recorded investments in loans
Carrying value of loans	150	314
Traditional Banking \| Residential Real Estate \| Home equity \| Current
Aging or recorded investments in loans
Carrying value of loans	213,919	210,264
Traditional Banking \| Commercial Real Estate
Aging or recorded investments in loans
Carrying value of loans	1,569,119	1,456,009
Traditional Banking \| Commercial Real Estate \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2,142	5,292
Traditional Banking \| Commercial Real Estate \| Past Due
Aging or recorded investments in loans
Carrying value of loans	2,142	5,292
Traditional Banking \| Commercial Real Estate \| Current
Aging or recorded investments in loans
Carrying value of loans	1,566,977	1,450,717
Traditional Banking \| Construction & land development
Aging or recorded investments in loans
Carrying value of loans	137,452	129,337
Traditional Banking \| Construction & land development \| Current
Aging or recorded investments in loans
Carrying value of loans	137,452	129,337
Traditional Banking \| Commercial \| Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	394,175	340,363
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 \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	321
Traditional Banking \| Commercial \| Commercial and Industrial \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans		13
Traditional Banking \| Commercial \| Commercial and Industrial \| Past Due
Aging or recorded investments in loans
Carrying value of loans	321	21
Traditional Banking \| Commercial \| Commercial and Industrial \| Current
Aging or recorded investments in loans
Carrying value of loans	393,854	340,342
Traditional Banking \| Commercial \| Paycheck Protection Program
Aging or recorded investments in loans
Carrying value of loans	14,657	56,014
Traditional Banking \| Commercial \| Paycheck Protection Program \| Current
Aging or recorded investments in loans
Carrying value of loans	14,657	56,014
Traditional Banking \| Lease Financing Receivables
Aging or recorded investments in loans
Carrying value of loans	11,345	8,637
Traditional Banking \| Lease Financing Receivables \| Current
Aging or recorded investments in loans
Carrying value of loans	11,345	8,637
Traditional Banking \| Aircraft
Aging or recorded investments in loans
Carrying value of loans	159,958	142,894
Traditional Banking \| Aircraft \| Current
Aging or recorded investments in loans
Carrying value of loans	159,958	142,894
Traditional Banking \| Consumer \| Credit cards
Aging or recorded investments in loans
Carrying value of loans	15,419	14,510
Traditional Banking \| Consumer \| Credit cards \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	19	19
Traditional Banking \| Consumer \| Credit cards \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	5	11
Traditional Banking \| Consumer \| Credit cards \| Past Due
Aging or recorded investments in loans
Carrying value of loans	24	30
Traditional Banking \| Consumer \| Credit cards \| Current
Aging or recorded investments in loans
Carrying value of loans	15,395	14,480
Traditional Banking \| Consumer \| Overdrafts
Aging or recorded investments in loans
Carrying value of loans	901	683
Traditional Banking \| Consumer \| Overdrafts \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	196	160
Traditional Banking \| Consumer \| Overdrafts \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	3	3
Traditional Banking \| Consumer \| Overdrafts \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans		1
Traditional Banking \| Consumer \| Overdrafts \| Past Due
Aging or recorded investments in loans
Carrying value of loans	199	164
Traditional Banking \| Consumer \| Overdrafts \| Current
Aging or recorded investments in loans
Carrying value of loans	702	519
Traditional Banking \| Consumer \| Automobile loans
Aging or recorded investments in loans
Carrying value of loans	9,579	14,448
Traditional Banking \| Consumer \| Automobile loans \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	6	9
Traditional Banking \| Consumer \| Automobile loans \| Past Due
Aging or recorded investments in loans
Carrying value of loans	6	9
Traditional Banking \| Consumer \| Automobile loans \| Current
Aging or recorded investments in loans
Carrying value of loans	9,573	14,439
Traditional Banking \| Consumer \| Other consumer
Aging or recorded investments in loans
Carrying value of loans	1,245	1,432
Traditional Banking \| Consumer \| Other consumer \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans		1
Traditional Banking \| Consumer \| Other consumer \| Past Due
Aging or recorded investments in loans
Carrying value of loans		1
Traditional Banking \| Consumer \| Other consumer \| Current
Aging or recorded investments in loans
Carrying value of loans	1,245	1,431
Warehouse Lending \| Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	596,678
Warehouse Lending \| Warehouse lines of credit \| Current
Aging or recorded investments in loans
Carrying value of loans	596,678
Republic Processing Group
Aging or recorded investments in loans
Carrying value of loans	91,965	144,053
Republic Processing Group \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	4,914	5,010
Republic Processing Group \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,143	978
Republic Processing Group \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	42	47
Republic Processing Group \| Past Due
Aging or recorded investments in loans
Carrying value of loans	6,099	6,035
Republic Processing Group \| Current
Aging or recorded investments in loans
Carrying value of loans	85,866	138,018
Republic Processing Group \| Tax Refund Solution \| Other TRS loans
Aging or recorded investments in loans
Carrying value of loans	149	50,987
Republic Processing Group \| Tax Refund Solution \| Other TRS loans \| Current
Aging or recorded investments in loans
Carrying value of loans	149	50,987
Republic Processing Group \| Republic Credit Solution
Aging or recorded investments in loans
Carrying value of loans	91,816	93,066
Republic Processing Group \| Republic Credit Solution \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	4,914	5,010
Republic Processing Group \| Republic Credit Solution \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,143	978
Republic Processing Group \| Republic Credit Solution \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	42	47
Republic Processing Group \| Republic Credit Solution \| Past Due
Aging or recorded investments in loans
Carrying value of loans	6,099	6,035
Republic Processing Group \| Republic Credit Solution \| Current
Aging or recorded investments in loans
Carrying value of loans	$ 85,717	$ 87,031

LOANS AND ALLOWANCE FOR CRED_11

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COLLATERAL DEPENDENT LOANS (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of selling cost on collateral	10%
Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of selling cost on collateral	13%
Traditional Banking \| Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	$ 18,444	$ 23,605
Traditional Banking \| Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	401	466
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Owner Occupied \| Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	14,050	14,798
Traditional Banking \| Residential Real Estate \| Residential Real Estate - Non Owner Occupied \| Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	128	95
Traditional Banking \| Residential Real Estate \| Home equity \| Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	1,246	1,976
Traditional Banking \| Commercial Real Estate \| Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	3,020	6,736
Traditional Banking \| Commercial \| Commercial and Industrial \| Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	120	192
Traditional Banking \| Consumer \| Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured Loans	$ 281	$ 274

LOANS AND ALLOWANCE FOR CRED_12

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR ACCRUAL STATUS (Details)	3 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($) loan	Jun. 30, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan
Troubled Debt Restructurings disclosures
Number of Loans	494	292	2,590	2,429
Recorded Investment	$ 136,000	$ 330,000	$ 13,612,000	$ 15,386,000
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	68
Recorded Investment			$ 5,258,000	$ 5,811,000
Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,523	2,361
Recorded Investment			$ 8,354,000	$ 9,575,000
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans	5	5	139	152
Recorded Investment	$ 59,000	$ 292,000	$ 10,148,000	$ 11,035,000
Residential Real Estate \| Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans \| loan			64	63
Recorded Investment			$ 3,102,000	$ 3,179,000
Residential Real Estate \| Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan			75	89
Recorded Investment			$ 7,046,000	$ 7,856,000
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2	4
Recorded Investment			$ 3,025,000	$ 3,814,000
Commercial Real Estate \| Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1	2
Recorded Investment			$ 2,142,000	$ 2,575,000
Commercial Real Estate \| Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1	2
Recorded Investment			$ 883,000	$ 1,239,000
Commercial \| Commercial and Industrial
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1	3
Recorded Investment			$ 1,000	$ 46,000
Commercial \| Commercial and Industrial \| Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans \| loan				2
Recorded Investment				$ 45,000
Commercial \| Commercial and Industrial \| Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1	1
Recorded Investment			$ 1,000	$ 1,000
Consumer
Troubled Debt Restructurings disclosures
Number of Loans	489	287	2,448	2,270
Recorded Investment	$ 77,000	$ 38,000	$ 438,000	$ 491,000
Consumer \| Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2	1
Recorded Investment			$ 14,000	$ 12,000
Consumer \| Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,446	2,269
Recorded Investment			$ 424,000	$ 479,000

LOANS AND ALLOWANCE FOR CRED_13

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR MODIFICATIONS (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($) loan	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan	Dec. 31, 2021 USD ($) loan
Troubled Debt Restructurings disclosures
Period of time loans are not past due in which TDR loans are performing			30 days
Number of Loans	494	292	2,590		2,429
Recorded Investment	$ 136,000	$ 330,000	$ 13,612,000		$ 15,386,000
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			497	600
Recorded Investment			$ 605,000	$ 767,000
Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans	492	291	2,575		2,413
Recorded Investment	$ 112,000	$ 280,000	$ 10,765,000		$ 12,177,000
Percentage of troubled debt restructurings performing as per terms of modifications	79%		79%		79%
Specific reserve allocations made to customers	$ 2,000,000		$ 2,000,000		$ 2,000,000
Percentage of Bank's TDRs that occurred during period, which were performing according to their modified terms	82%	85%	92%	67%
Specific ACLL allocations made to customers whose loan terms were modified in TDRs during period	$ 36,000	$ 18,000	$ 36,000	$ 35,000
Performing Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan			494	597
Recorded Investment			$ 554,000	$ 512,000
Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans	2	1	15		16
Recorded Investment	$ 24,000	$ 50,000	$ 2,847,000		$ 3,209,000
Nonperforming Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan			3	3
Recorded Investment			$ 51,000	$ 255,000
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans	5	5	139		152
Recorded Investment	$ 59,000	$ 292,000	$ 10,148,000		$ 11,035,000
Residential Real Estate \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			75		86
Recorded Investment			$ 6,868,000		$ 7,764,000
Residential Real Estate \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan		1	7		7
Recorded Investment		$ 16,000	$ 715,000		$ 729,000
Residential Real Estate \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans	5	4	57		59
Recorded Investment	$ 59,000	$ 276,000	$ 2,565,000		$ 2,542,000
Residential Real Estate \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan			8	9
Recorded Investment			$ 528,000	$ 695,000
Residential Real Estate \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan				1
Recorded Investment				$ 161,000
Residential Real Estate \| Modified During The Period \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan			8	8
Recorded Investment			$ 528,000	$ 534,000
Residential Real Estate \| Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans	3	4	125		137
Recorded Investment	$ 35,000	$ 242,000	$ 9,443,000		$ 10,290,000
Residential Real Estate \| Performing Financing Receivable \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			71		82
Recorded Investment			$ 6,541,000		$ 7,461,000
Residential Real Estate \| Performing Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan		1	6		7
Recorded Investment		$ 16,000	$ 558,000		$ 729,000
Residential Real Estate \| Performing Financing Receivable \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans	3	3	48		48
Recorded Investment	$ 35,000	$ 226,000	$ 2,344,000		$ 2,100,000
Residential Real Estate \| Performing Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan			5	6
Recorded Investment			$ 477,000	$ 440,000
Residential Real Estate \| Performing Financing Receivable \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan				1
Recorded Investment				$ 161,000
Residential Real Estate \| Performing Financing Receivable \| Modified During The Period \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan			5	5
Recorded Investment			$ 477,000	$ 279,000
Residential Real Estate \| Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans	2	1	14		15
Recorded Investment	$ 24,000	$ 50,000	$ 705,000		$ 745,000
Residential Real Estate \| Nonperforming Financing Receivable \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			4		4
Recorded Investment			$ 327,000		$ 303,000
Residential Real Estate \| Nonperforming Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1
Recorded Investment			$ 157,000
Residential Real Estate \| Nonperforming Financing Receivable \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans	2	1	9		11
Recorded Investment	$ 24,000	$ 50,000	$ 221,000		$ 442,000
Residential Real Estate \| Nonperforming Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan			3	3
Recorded Investment			$ 51,000	$ 255,000
Residential Real Estate \| Nonperforming Financing Receivable \| Modified During The Period \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan			3	3
Recorded Investment			$ 51,000	$ 255,000
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2		4
Recorded Investment			$ 3,025,000		$ 3,814,000
Commercial related and construction/land development
Troubled Debt Restructurings disclosures
Number of Loans \| loan			3		7
Recorded Investment			$ 3,026,000		$ 3,860,000
Commercial related and construction/land development \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1		1
Recorded Investment			$ 883,000		$ 919,000
Commercial related and construction/land development \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2		6
Recorded Investment			$ 2,143,000		$ 2,941,000
Commercial related and construction/land development \| Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2		6
Recorded Investment			$ 884,000		$ 1,396,000
Commercial related and construction/land development \| Performing Financing Receivable \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1		1
Recorded Investment			$ 883,000		$ 919,000
Commercial related and construction/land development \| Performing Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1		5
Recorded Investment			$ 1,000		$ 477,000
Commercial related and construction/land development \| Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1		1
Recorded Investment			$ 2,142,000		$ 2,464,000
Commercial related and construction/land development \| Nonperforming Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1		1
Recorded Investment			$ 2,142,000		$ 2,464,000
Consumer
Troubled Debt Restructurings disclosures
Number of Loans	489	287	2,448		2,270
Recorded Investment	$ 77,000	$ 38,000	$ 438,000		$ 491,000
Consumer \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans	489	286	2,444		2,266
Recorded Investment	$ 77,000	$ 38,000	$ 420,000		$ 470,000
Consumer \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan		1	4		4
Recorded Investment			$ 18,000		$ 21,000
Consumer \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan			489	591
Recorded Investment			$ 77,000	$ 72,000
Consumer \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			489	589
Recorded Investment			$ 77,000	$ 69,000
Consumer \| Modified During The Period \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan				2
Recorded Investment				$ 3,000
Consumer \| Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans	489	287	2,448		2,270
Recorded Investment	$ 77,000	$ 38,000	$ 438,000		$ 491,000
Consumer \| Performing Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans	489	286	2,444		2,266
Recorded Investment	$ 77,000	$ 38,000	$ 420,000		$ 470,000
Consumer \| Performing Financing Receivable \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan		1	4		4
Recorded Investment			$ 18,000		$ 21,000
Consumer \| Performing Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan			489	591
Recorded Investment			$ 77,000	$ 72,000
Consumer \| Performing Financing Receivable \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			489	589
Recorded Investment			$ 77,000	$ 69,000
Consumer \| Performing Financing Receivable \| Modified During The Period \| Bankrupt customer
Troubled Debt Restructurings disclosures
Number of Loans \| loan				2
Recorded Investment				$ 3,000

LOANS AND ALLOWANCE FOR CRED_14

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR MODIFIED CLASS (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan
Troubled Debt Restructurings disclosures
Number of Loans with payment default \| loan	3	3	4	7
Recorded Investment with payment default \| $	$ 51	$ 248	$ 64	$ 420
Residential Real Estate \| Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Number of Loans with payment default \| loan	2	2	2	6
Recorded Investment with payment default \| $	$ 40	$ 121	$ 40	$ 293
Residential Real Estate \| Home equity
Troubled Debt Restructurings disclosures
Number of Loans with payment default \| loan	1		2
Recorded Investment with payment default \| $	$ 11		$ 24
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans with payment default \| loan		1		1
Recorded Investment with payment default \| $		$ 127		$ 127

LOANS AND ALLOWANCE FOR CRED_15

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSED PROPERTIES (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 1,687	$ 1,792
Commercial Real Estate
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 1,687	$ 1,792

LOANS AND ALLOWANCE FOR CRED_16

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSURE RECORDED INVESTMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Recorded investment in residential and consumer loans based on payment activity
Loans and Leases Receivable Gross Carrying Amount	$ 4,362,233	$ 4,496,562
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	$ 751	$ 508

LOANS AND ALLOWANCE FOR CRED_17

LOANS AND ALLOWANCE FOR CREDIT LOSSES - EASY ADVANCES (Details) - Tax Refund Solutions - Easy Advances - USD ($) $ in Thousands	2 Months Ended		3 Months Ended		6 Months Ended
	Feb. 28, 2022	Feb. 28, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Period Easy Advance tax credit product offered	2 months	2 months
Easy Advances originated					$ 311,207	$ 250,045
Net charge to the Provision for Easy Advances			$ 564	$ (5,793)	$ 8,879	$ 10,226
Provision to total Easy Advances originated					2.85%	4.09%
Easy Advances net charge-offs (recoveries)			$ 8,879	$ 10,226	$ 8,879	$ 10,226
Easy Advances net charge-offs (recoveries) to total Easy Advances originated					2.85%	4.09%

DEPOSITS - Balances (Details)

DEPOSITS - Balances (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Deposit Liabilities
Total interest-bearing deposits	$ 2,733,093	$ 2,849,637
Total non interest-bearing deposits	2,094,436	1,990,781
Total deposits	4,827,529	4,840,418
Core Banking Activities
Deposit Liabilities
Demand	1,338,061	1,381,522
Money market accounts	775,560	789,876
Savings	331,508	311,624
Individual retirement accounts	41,305	43,724
Time deposits, $250 and over	51,976	81,050
Other certificates of deposit	132,536	154,174
Reciprocal money market and time deposits	52,862	77,950
Total interest-bearing deposits	2,723,808	2,839,920
Total non interest-bearing deposits	1,676,974	1,579,173
Total deposits	4,400,782	4,419,093
Republic Processing Group
Deposit Liabilities
Money market accounts	9,285	9,717
Total interest-bearing deposits	9,285	9,717
Brokered prepaid cards deposits	319,455	320,907
Other noninterest-bearing deposits	98,007	90,701
Total non interest-bearing deposits	417,462	411,608
Total deposits	$ 426,747	$ 421,325

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Securities sold under agreements to repurchase
Outstanding balance at end of period	$ 303,315		$ 303,315		$ 290,967
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase
Securities pledged more than repurchase agreements (as a percent)	2%		2%
Outstanding balance at end of period	$ 303,315		$ 303,315		$ 290,967
Weighted average interest rate at end of period (as a percent)	0.09%		0.09%		0.04%
Fair Value of securities pledged	$ 347,815		$ 347,815		$ 309,815
Average outstanding balance during the period	$ 294,388	$ 169,888	$ 297,263	$ 181,216
Average interest rate during the period (as a percent)	0.07%	0.02%	0.05%	0.02%
Maximum outstanding at any month end during the period	$ 303,315	$ 174,928	$ 303,315	$ 200,704
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	304,203		304,203		108,813
Securities sold under agreements to repurchase \| Mortgage backed securities - residential
Securities sold under agreements to repurchase
Fair Value of securities pledged	42,422		42,422		167,561
Securities sold under agreements to repurchase \| Collateralized mortgage obligations
Securities sold under agreements to repurchase
Fair Value of securities pledged	$ 1,190		$ 1,190		$ 33,441

RIGHT-OF-USE ASSETS AND OPERA_3

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($) item contract
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	37
Number of operating leases contracted with a related party of the Company \| contract	12
Number of operating leases considered variable	22
Related party lease right-of-use asset upon commencement of lease \| $	$ 5
Number of related party leases renewed	1
Number of third party lease extensions	4

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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Operating lease expense:
Total operating lease expense	$ 1,895	$ 1,791	$ 3,737	$ 3,583
Cash paid for amounts included in the measurement of operating lease liabilities	1,707	1,799	3,412	3,597
Cash paid for variable rent payments not included in measurement of operating lease liabilities	$ 151		$ 302
Weighted average remaining term in years	8 years 4 months 20 days		8 years 4 months 20 days		7 years 6 months 25 days
Weighted average discount rate	2.64%		2.64%		3.05%
Related Party
Operating lease expense:
Variable lease expense	$ 1,269	1,218	$ 2,535	2,438
Fixed lease expense	57	34	92	68
Third Party
Operating lease expense:
Variable lease expense	220	197	417	393
Fixed lease expense	$ 349	$ 342	$ 693	$ 684

RIGHT-OF-USE ASSETS AND OPERA_5

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES - OPERATING LEASE LIABILITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Operating lease liabilities
2022	$ 3,432
2023	6,703
2024	6,117
2025	5,449
2026	5,224
Thereafter	20,688
Total undiscounted cash flows	47,613
Discount applied to cash flows	(5,450)
Total discounted cash flows reported as operating lease liabilities	42,163	$ 39,672
Related Party
Operating lease liabilities
2022	2,123
2023	4,274
2024	4,189
2025	4,053
2026	4,124
Thereafter	16,375
Total undiscounted cash flows	35,138
Discount applied to cash flows	(3,398)
Total discounted cash flows reported as operating lease liabilities	31,740
Third Party
Operating lease liabilities
2022	1,309
2023	2,429
2024	1,928
2025	1,396
2026	1,100
Thereafter	4,313
Total undiscounted cash flows	12,475
Discount applied to cash flows	(2,052)
Total discounted cash flows reported as operating lease liabilities	$ 10,423

FEDERAL HOME LOAN BANK ADVANC_3

FEDERAL HOME LOAN BANK ADVANCES - FHLB ADVANCES (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
FHLB advances
Total FHLB advances	$ 20,000	$ 25,000
Additional collateralized advances available	905,000	900,000
Overnight advance with an interest rate of 0.11% due on July 1, 2014
FHLB advances
Total FHLB advances		25,000
Fixed interest rate advances with a weighted average interest rate of 1.91% due through 2021
FHLB advances
Total FHLB advances	20,000
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	Jun. 30, 2022	Dec. 31, 2021
FEDERAL HOME LOAN BANK ADVANCES
2027	$ 20,000
Total	$ 20,000	$ 25,000
Weighted Average Rate
2027	1.89%
Total	1.89%

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	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2021
FHLB advances
Average outstanding balance during the period	$ 25,000	$ 32,597
Average interest rate during the period (as percent)	0.16%	0.16%
Maximum outstanding at any month end during the period	$ 25,000	$ 25,000

FEDERAL HOME LOAN BANK ADVANC_6

FEDERAL HOME LOAN BANK ADVANCES - LOANS PLEDGED (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
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	$ 1,036,228	$ 1,041,461
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	$ 193,447	$ 186,396

OFF BALANCE SHEET RISKS, COMM_3

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Commitments and letters of credit
Loan commitment, line credit	$ 2,074,819		$ 2,074,819		$ 1,754,808
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	1,040	$ 1,015	1,052	$ 989
Provision	60	(81)	48	(55)
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	1,100	934	1,100	934
Unused warehouse lines of credit
Commitments and letters of credit
Loan commitment, line credit	865,822		865,822		565,950
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	130	116	154	79
Provision	32	24	8	61
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	162	140	162	140
Unused home equity lines of credit
Commitments and letters of credit
Loan commitment, line credit	368,820		368,820		348,681
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	256	194	247	173
Provision	21	19	30	40
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	277	213	277	213
Unused loan commitments - other
Commitments and letters of credit
Loan commitment, line credit	828,583		828,583		828,229
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	654	705	651	737
Provision	7	(124)	10	(156)
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	661	$ 581	661	$ 581
Standby letters of credit
Commitments and letters of credit
Loan commitment, line credit	10,951		10,951		11,305
FHLB letters of credit
Commitments and letters of credit
Loan commitment, line credit	$ 643		$ 643		$ 643

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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Financial assets:
Total available-for-sale debt securities	$ 622,145		$ 622,145			$ 495,126
Mortgage loans held for sale, at fair value	8,491	$ 32,401	8,491	$ 32,401	$ 13,302	29,393	$ 63,636	$ 46,867
Consumer loans held for sale	17,459	13,020	17,459	13,020	$ 11,709	19,747	$ 3,970	$ 3,298
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	189		189			2,620
U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities	383,092		383,092			237,459
Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities	2,478		2,478			2,731
Mortgage backed securities - residential
Financial assets:
Total available-for-sale debt securities	198,270		198,270			210,749
Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities	24,545		24,545			30,294
Corporate bonds
Financial assets:
Total available-for-sale debt securities	9,936		9,936			10,046
Trust Preferred Securities
Financial assets:
Total available-for-sale debt securities	3,824		3,824			3,847
Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	189		189			170
Mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value						2,450
Recurring basis
Financial assets:
Total available-for-sale debt securities	622,145		622,145			495,126
Mortgage loans held for sale, at fair value	8,491		8,491			29,393
Consumer loans held for sale	17,459		17,459			19,747
Consumer loans held for investment	45		45			170
Rate lock loan commitments	220		220			1,404
Mandatory forward contracts	359		359			66
Interest rate swap agreements	4,501		4,501			5,786
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	189		189			2,620
Financial Liabilities:
Interest rate swap agreements	4,501		4,501			5,786
Transfers between Level 1, 2 or 3	0	$ 0	0	$ 0
Recurring basis \| U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities	383,092		383,092			237,459
Recurring basis \| Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities	2,478		2,478			2,731
Recurring basis \| Mortgage backed securities - residential
Financial assets:
Total available-for-sale debt securities	198,270		198,270			210,749
Recurring basis \| Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities	24,545		24,545			30,294
Recurring basis \| Corporate bonds
Financial assets:
Total available-for-sale debt securities	9,936		9,936			10,046
Recurring basis \| Trust Preferred Securities
Financial assets:
Total available-for-sale debt securities	3,824		3,824			3,847
Recurring basis \| Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	189		189			170
Recurring basis \| Mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value						2,450
Recurring basis \| Fair Value, Inputs, Level 1
Financial assets:
Total available-for-sale debt securities	230,771		230,771			70,112
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value						2,450
Recurring basis \| Fair Value, Inputs, Level 1 \| U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities	230,771		230,771			70,112
Recurring basis \| Fair Value, Inputs, Level 1 \| Mutual fund
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value						2,450
Recurring basis \| Fair Value, Inputs, Level 2
Financial assets:
Total available-for-sale debt securities	385,072		385,072			418,436
Mortgage loans held for sale, at fair value	8,491		8,491			29,393
Rate lock loan commitments	220		220			1,404
Mandatory forward contracts	359		359			66
Interest rate swap agreements	4,501		4,501			5,786
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	189		189			170
Financial Liabilities:
Interest rate swap agreements	4,501		4,501			5,786
Recurring basis \| Fair Value, Inputs, Level 2 \| U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities	152,321		152,321			167,347
Recurring basis \| Fair Value, Inputs, Level 2 \| Mortgage backed securities - residential
Financial assets:
Total available-for-sale debt securities	198,270		198,270			210,749
Recurring basis \| Fair Value, Inputs, Level 2 \| Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities	24,545		24,545			30,294
Recurring basis \| Fair Value, Inputs, Level 2 \| Corporate bonds
Financial assets:
Total available-for-sale debt securities	9,936		9,936			10,046
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	189		189			170
Recurring basis \| Fair Value, Inputs, Level 3
Financial assets:
Total available-for-sale debt securities	6,302		6,302			6,578
Consumer loans held for sale	17,459		17,459			19,747
Consumer loans held for investment	45		45			170
Recurring basis \| Fair Value, Inputs, Level 3 \| Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities	2,478		2,478			2,731
Recurring basis \| Fair Value, Inputs, Level 3 \| Trust Preferred Securities
Financial assets:
Total available-for-sale debt securities	$ 3,824		$ 3,824			$ 3,847

FAIR VALUE - RECONCILIATION USI

FAIR VALUE - RECONCILIATION USING SIGNIFICANT UNOBSERVABLE INPUTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Private label mortgage backed security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	$ 2,602	$ 2,863	$ 2,731	$ 2,957
Net change in unrealized gain	(15)	34	9	49
Principal paydowns	(109)	(73)	(262)	(182)
Balance, end of period	2,478	2,824	2,478	2,824
Trust Preferred Securities
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	3,725	3,650	3,847	3,800
Discount accretion	14	13	28	26
Net change in unrealized gain	85	37	(51)	(126)
Balance, end of period	$ 3,824	$ 3,700	$ 3,824	$ 3,700

FAIR VALUE - RECURRING LEVEL 3

FAIR VALUE - RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 $ in Thousands	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Private label mortgage backed security \| Recurring basis
Fair value inputs quantitative information
Mortgage backed security fair value	$ 2,478	$ 2,731
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	0.054	0.057
Private label mortgage backed security \| Maximum \| Recurring basis \| Probability of default
Fair value inputs quantitative information
Measurable input	0.093	0.093
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	$ 17,459	$ 19,747
Consumer Loans Held For Sale \| Nonrecurring basis \| Net Premium
Fair value inputs quantitative information
Loans Held-for-sale, Measurement Input	0.0015	0.014
Consumer Loans Held For Sale \| Nonrecurring basis \| Discount sales
Fair value inputs quantitative information
Loans Held-for-sale, Measurement Input	0.1000	0.0500

FAIR VALUE - GAINS AND LOSSES (

FAIR VALUE - GAINS AND LOSSES (Details) $ in Thousands	3 Months Ended		6 Months Ended
FAIR VALUE - GAINS AND LOSSES (Details) $ in Thousands	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($) loan	Mar. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Fair Value, Option
Aggregate fair value	$ 8,491	$ 32,401	$ 8,491	$ 32,401	$ 13,302	$ 29,393	$ 63,636	$ 46,867
Contractual balance	$ 4,364,937		$ 4,364,937			$ 4,498,671
Mortgage loans held for sale
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual \| loan	0		0			0
Aggregate fair value	$ 8,491		$ 8,491			$ 29,393
Contractual balance	8,363		8,363			28,668
Unrealized gain	128		128			$ 725
Total included in earnings	262	(3)	(240)	(605)
Mortgage loans held for sale \| Interest Income
Fair Value, Option
Total included in earnings	153	140	357	549
Mortgage loans held for sale \| Change In Fair Value
Fair Value, Option
Total included in earnings	$ 109	(143)	$ (597)	(1,154)
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	$ 17,459		$ 17,459			$ 19,747
Contractual balance	17,563		17,563			19,633
Unrealized gain	(104)		(104)			$ 114
Total included in earnings	2,809	1,460	5,662	2,046
Consumer Loans Held For Sale \| Interest Income
Fair Value, Option
Total included in earnings	2,990	1,397	5,880	1,968
Consumer Loans Held For Sale \| Change In Fair Value
Fair Value, Option
Total included in earnings	$ (181)	$ 63	$ (218)	$ 78

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NON-RECURRING BASIS (Details) - Nonrecurring basis - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 3,820	$ 4,845
Other real estate owned	1,687	1,792
Residential Real Estate
Fair Value Disclosures
Other real estate owned		1,792
Residential Real Estate \| Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	1,345	1,626
Residential Real Estate \| Home equity
Fair Value Disclosures
Impaired loan on non-recurring basis		378
Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	2,475	2,841
Other real estate owned	1,687
Fair Value, Inputs, Level 3
Fair Value Disclosures
Impaired loan on non-recurring basis	3,820	4,845
Other real estate owned	1,687	1,792
Fair Value, Inputs, Level 3 \| Residential Real Estate
Fair Value Disclosures
Other real estate owned		1,792
Fair Value, Inputs, Level 3 \| Residential Real Estate \| Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	1,345	1,626
Fair Value, Inputs, Level 3 \| Residential Real Estate \| Home equity
Fair Value Disclosures
Impaired loan on non-recurring basis		378
Fair Value, Inputs, Level 3 \| Commercial Real Estate
Fair Value Disclosures
Impaired loan on non-recurring basis	2,475	$ 2,841
Other real estate owned	$ 1,687

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	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Collateral Dependent Loans \| Residential Real Estate \| Residential Real Estate - Owner Occupied
Fair value inputs quantitative information
Fair Value	$ 1,345	$ 1,626
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	0.41	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	0.11	0.10
Collateral Dependent Loans \| Residential Real Estate \| Home equity
Fair value inputs quantitative information
Fair Value		$ 378
Collateral Dependent Loans \| Residential Real Estate \| Home equity \| Comparability Adjustment \| Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		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		0.04
Collateral Dependent Loans \| Residential Real Estate \| Home equity \| Comparability Adjustment \| Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.03
Collateral Dependent Loans \| Commercial Real Estate
Fair value inputs quantitative information
Fair Value	$ 2,475	$ 2,841
Collateral Dependent Loans \| Commercial Real Estate \| Comparability Adjustment \| Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.12	0.12
Collateral Dependent Loans \| Commercial Real Estate \| Comparability Adjustment \| Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.13	0.13
Collateral Dependent Loans \| Commercial Real Estate \| Comparability Adjustment \| Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.12	0.12
Other Real Estate Owned \| Commercial Real Estate
Fair value inputs quantitative information
Fair Value	$ 1,687	$ 1,792
Other Real Estate Owned \| Commercial Real Estate \| Comparability Adjustment
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.37	0.33
Other Real Estate Owned \| Commercial Real Estate \| Comparability Adjustment \| Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.37	0.33

FAIR VALUE - IMPAIRED LOANS (De

FAIR VALUE - IMPAIRED LOANS (Details) - Nonrecurring basis - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Impaired loans
Total fair value	$ 3,820		$ 3,820		$ 4,845
Fair Value, Inputs, Level 3
Impaired loans
Carrying amount of loans measured at fair value	4,024		4,024		4,928
Estimated selling costs considered in carrying amount	714		714		842
Valuation allowance	(918)		(918)		(925)
Total fair value	3,820		3,820		$ 4,845
Provision for impairment on loan, lease and other losses
Provisions on collateral-dependent, impaired loans	$ (7)	$ 45	$ (4)	$ 45

FAIR VALUE - OTHER REAL ESTATE

FAIR VALUE - OTHER REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Fair Value Disclosures
Total Carrying value of other real estate owned	$ 1,687		$ 1,687		$ 1,792
Other real estate owned write-downs during the years ended			105	$ 105
Nonrecurring basis
Fair Value Disclosures
Other real estate owned write-downs during the years ended	54	$ 52	105	$ 105
Nonrecurring basis \| Other Real Estate Owned
Fair Value Disclosures
Other real estate owned carried at fair value	1,687		1,687		1,792
Total Carrying value of other real estate owned	$ 1,687		$ 1,687		$ 1,792

FAIR VALUE - CARRYING AMOUNTS A

FAIR VALUE - CARRYING AMOUNTS AND FV OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Assets:
Available-for-sale debt securities	$ 622,145		$ 495,126
Held-to-maturity debt securities	32,978		44,764
Equity securities with readily determinable fair value	189		2,620
Mortgage loans held for sale, at fair value	8,491	$ 13,302	29,393	$ 32,401	$ 63,636	$ 46,867
Consumer loans held for sale, at fair value	17,459	11,709	19,747	13,020	3,970	3,298
Consumer loans held for sale, at the lower of cost or fair value	13,777	$ 3,026	2,937	$ 11,412	$ 11,701	$ 1,478
Carrying Value
Assets:
Cash and cash equivalents	795,143		756,971
Available-for-sale debt securities	622,145		495,126
Held-to-maturity debt securities	32,962		44,299
Equity securities with readily determinable fair value	189		2,620
Mortgage loans held for sale, at fair value	8,491		29,393
Consumer loans held for sale, at fair value	17,459		19,747
Consumer loans held for sale, at the lower of cost or fair value	13,777		2,937
Loans, net	4,297,784		4,431,985
Federal Home Loan Bank stock	10,311		10,311
Accrued interest receivable	9,872		9,877
Mortgage servicing rights	9,407		9,196
Rate lock loan commitments	220		1,404
Mandatory forward contracts	359		66
Interest rate swap agreements	4,501		5,786
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	303,315		290,967
Federal Home Loan Bank advances	20,000		25,000
Accrued interest payable	162		159
Interest rate swap agreements	4,501		5,786
Carrying Value \| Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	2,094,436		1,990,781
Carrying Value \| Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,499,250		2,553,423
Carrying Value \| Time deposits
Liabilities:
Deposit liabilities, fair value	233,843		296,214
Total Fair Value
Assets:
Cash and cash equivalents	795,143		756,971
Available-for-sale debt securities	622,145		495,126
Held-to-maturity debt securities	32,978		44,764
Equity securities with readily determinable fair value	189		2,620
Mortgage loans held for sale, at fair value	8,491		29,393
Consumer loans held for sale, at fair value	17,459		19,747
Consumer loans held for sale, at the lower of cost or fair value	13,777		2,937
Loans, net	4,165,381		4,445,244
Accrued interest receivable	9,872		9,877
Mortgage servicing rights	16,568		11,540
Rate lock loan commitments	220		1,404
Mandatory forward contracts	359		66
Interest rate swap agreements	4,501		5,786
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	303,315		290,967
Federal Home Loan Bank advances	21,766		25,000
Accrued interest payable	162		159
Interest rate swap agreements	4,501		5,786
Total Fair Value \| Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	2,094,436		1,990,781
Total Fair Value \| Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,499,250		2,553,423
Total Fair Value \| Time deposits
Liabilities:
Deposit liabilities, fair value	230,849		298,236
Total Fair Value \| Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	795,143		756,971
Available-for-sale debt securities	230,771		70,112
Equity securities with readily determinable fair value			2,450
Total Fair Value \| Fair Value, Inputs, Level 2
Assets:
Available-for-sale debt securities	385,072		418,436
Held-to-maturity debt securities	32,978		44,764
Equity securities with readily determinable fair value	189		170
Mortgage loans held for sale, at fair value	8,491		29,393
Accrued interest receivable	9,872		9,877
Mortgage servicing rights	16,568		11,540
Rate lock loan commitments	220		1,404
Mandatory forward contracts	359		66
Interest rate swap agreements	4,501		5,786
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	303,315		290,967
Federal Home Loan Bank advances	21,766		25,000
Accrued interest payable	162		159
Interest rate swap agreements	4,501		5,786
Total Fair Value \| Fair Value, Inputs, Level 2 \| Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	2,094,436		1,990,781
Total Fair Value \| Fair Value, Inputs, Level 2 \| Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,499,250		2,553,423
Total Fair Value \| Fair Value, Inputs, Level 2 \| Time deposits
Liabilities:
Deposit liabilities, fair value	230,849		298,236
Total Fair Value \| Fair Value, Inputs, Level 3
Assets:
Available-for-sale debt securities	6,302		6,578
Consumer loans held for sale, at fair value	17,459		19,747
Consumer loans held for sale, at the lower of cost or fair value	13,777		2,937
Loans, net	$ 4,165,381		$ 4,445,244

MORTGAGE BANKING ACTIVITIES - M

MORTGAGE BANKING ACTIVITIES - MORTGAGE LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 13,302	$ 63,636	$ 29,393	$ 46,867
Origination of mortgage loans held for sale	61,489	141,177	162,150	354,764
Proceeds from the sale of mortgage loans held for sale	(67,759)	(176,424)	(186,971)	(380,239)
Net gain on sale of mortgage loans held for sale	1,459	4,012	3,919	11,009
Balance, end of period	$ 8,491	$ 32,401	$ 8,491	$ 32,401

MORTGAGE BANKING ACTIVITIES - C

MORTGAGE BANKING ACTIVITIES - COMPONENTS OF INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Mortgage servicing rights
Net gain realized on sale of mortgage loans held for sale	$ 2,674	$ 5,711	$ 5,407	$ 13,756
Net gain recognized	1,459	4,012	3,919	11,009
Loan servicing income	884	808	1,749	1,601
Amortization of mortgage servicing rights	(580)	(738)	(1,248)	(1,735)
Change in mortgage servicing rights valuation allowance		100		500
Net servicing income recognized	304	170	501	366
Total Mortgage banking income	1,763	4,182	4,420	11,375
Mortgage Loans Held for Sale
Mortgage servicing rights
Net change in fair value	109	(143)	(597)	(1,154)
Rate lock loan commitments
Mortgage servicing rights
Net change in fair value	(222)	299	(1,184)	(2,338)
Mandatory forward contracts
Mortgage servicing rights
Net change in fair value	$ (1,102)	$ (1,855)	$ 293	$ 745

MORTGAGE BANKING ACTIVITIES -_2

MORTGAGE BANKING ACTIVITIES - CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 9,502	$ 7,711	$ 9,196	$ 7,095
Additions	485	1,262	1,459	2,475
Amortized to expense	(580)	(738)	(1,248)	(1,735)
Change in valuation allowance		100		500
Balance, end of period	$ 9,407	$ 8,335	$ 9,407	$ 8,335

MORTGAGE BANKING ACTIVITIES - V

MORTGAGE BANKING ACTIVITIES - VALUATION OF CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Beginning valuation allowance	$ 0	$ 100	$ 0	$ 500
Charge during the period	0	(100)	0	(500)
Ending valuation allowance	$ 0	$ 0	$ 0	$ 0

MORTGAGE BANKING ACTIVITIES - O

MORTGAGE BANKING ACTIVITIES - OTHER INFORMATION RELATING TO MSRS (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
MORTGAGE BANKING ACTIVITIES
Fair value of mortgage servicing rights portfolio	$ 16,568	$ 11,540
Monthly weighted average prepayment rate of unpaid principle balance (as percent)	128%	208%
Discount rate (as percent)	10.17%	10.15%
Weighted average foreclosure rate	0.15%	0.19%
Weighted average life in years	7 years 6 months 18 days	5 years 11 months 4 days

MORTGAGE BANKING ACTIVITIES - N

MORTGAGE BANKING ACTIVITIES - NOTIONAL AMOUNTS AND FV (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Mortgage servicing rights
Derivative instruments expiration period	90 days
Mortgage loans held for sale
Information about derivatives and swaps
Derivative Assets, Notional Amount	$ 8,363	$ 28,668
Fair Value, Assets	8,491	29,393
Rate lock loan commitments
Information about derivatives and swaps
Derivative Assets, Notional Amount	28,072	56,736
Fair Value, Assets	220	1,404
Mandatory forward contracts
Information about derivatives and swaps
Derivative Assets, Notional Amount	29,812	70,812
Fair Value, Assets	$ 359	$ 66

INTEREST RATE SWAPS - NON-HEDGE

INTEREST RATE SWAPS - NON-HEDGE (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Information about derivatives and swaps
Fair value of securities pledged as collateral	$ 415,244,000	$ 319,808,000
Counterparty
Information about derivatives and swaps
Fair value of securities pledged as collateral	0	6,800,000
Counterparty \| Minimum
Information about derivatives and swaps
Net loss position in which pledged securities as collateral are required	250,000
Interest rate swap \| Non-Hedge
Information about derivatives and swaps
Interest rate swaps with Bank clients - Total, Notional Amount	231,532,000	247,850,000
Interest rate swap \| Non-Hedge \| Bank Clients
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	22,009,000	107,502,000
Interest rate swaps with Bank clients - Liabilities, Notional Amount	93,757,000	16,423,000
Interest rate swaps with Bank clients - Total, Notional Amount	115,766,000	123,925,000
Interest rate swaps with Bank clients - Assets, Fair Value	595,000	5,786,000
Interest rate swaps with Bank clients - Liabilities, Fair Value	(4,501,000)	(298,000)
Interest rate swaps with Bank clients - Total, Fair Value	(3,906,000)	5,488,000
Interest rate swap \| Non-Hedge \| Counterparty
Information about derivatives and swaps
Interest rate swaps with Bank clients - Total, Notional Amount	115,766,000	123,925,000
Interest rate swaps with Bank clients - Total, Fair Value	$ 3,906,000	$ (5,488,000)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
EARNINGS PER SHARE
Net income	$ 23,901	$ 23,922	$ 51,827	$ 49,975
Dividends declared on Common Stock:
Undistributed net income for basic earnings per share	17,184	17,634	38,358	37,328
Weighted average potential dividends on Class A shares upon exercise of dilutive options	(21)	(17)	(49)	(40)
Undistributed net income for diluted earnings per share	$ 17,163	$ 17,617	$ 38,309	$ 37,288
Weighted average shares outstanding:
Effect of dilutive securities on Class A Shares outstanding	62,000	55,000	71,000	65,000
Weighted average shares outstanding including dilutive securities	20,169,000	20,949,000	20,202,000	21,016,000
Stock option
Diluted earnings per share:
Antidilutive stock options (in shares)	187,000	149,000	186,000	169,000
Stock option \| Weighted Average
Diluted earnings per share:
Antidilutive stock options (in shares)	184,000	149,000	178,000	166,000
Class A Common Stock
EARNINGS PER SHARE
Cash dividend premium per share (as a percent)			10%
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (6,047)	$ (5,680)	$ (12,128)	$ (11,423)
Weighted average shares outstanding:
Weighted average shares outstanding	17,946,000	18,712,000	17,968,000	18,761,000
Basic earnings per share:
Per share dividends distributed	$ 0.34	$ 0.31	$ 0.68	$ 0.62
Undistributed earnings per share	0.86	0.85	1.92	1.80
Total basic earnings per share	1.20	1.16	2.60	2.42
Diluted earnings per share:
Per share dividends distributed	0.34	0.31	0.68	0.62
Undistributed earnings per share	0.86	0.85	1.91	1.79
Total diluted earnings per share	$ 1.20	$ 1.16	$ 2.59	$ 2.41
Class B Common Stock
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (670)	$ (608)	$ (1,341)	$ (1,224)
Weighted average shares outstanding:
Weighted average shares outstanding	2,161,000	2,182,000	2,163,000	2,190,000
Basic earnings per share:
Per share dividends distributed	$ 0.31	$ 0.28	$ 0.62	$ 0.56
Undistributed earnings per share	0.78	0.77	1.75	1.64
Total basic earnings per share	1.09	1.05	2.37	2.20
Diluted earnings per share:
Per share dividends distributed	0.31	0.28	0.62	0.56
Undistributed earnings per share	0.78	0.77	1.74	1.63
Total diluted earnings per share	$ 1.09	$ 1.05	$ 2.36	$ 2.19

OTHER COMPREHENSIVE INCOME - CO

OTHER COMPREHENSIVE INCOME - COMPONENTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Available-for-Sale Debt Securities:
Unrealized losses on AFS debt securities	$ (10,133)	$ (614)	$ (31,382)	$ (2,643)
Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings	(15)	34	9	49
Total other comprehensive loss before income tax	(10,148)	(580)	(31,373)	(2,594)
Tax effect	2,537	145	7,845	648
Total other comprehensive loss, net of tax	$ (7,611)	$ (435)	$ (23,528)	$ (1,946)

OTHER COMPREHENSIVE INCOME - AO

OTHER COMPREHENSIVE INCOME - AOCI Changes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Summary of the AOCI balances, net of tax
Balance at beginning of period	$ 840,329	$ 837,709	$ 834,232	$ 823,323
Current Year Change	(7,611)	(435)	(23,528)	(1,946)
Balance at end of period	842,174	845,090	842,174	845,090
Accumulated Other Comprehensive Income
Summary of the AOCI balances, net of tax
Balance at beginning of period	(14,043)	6,998	1,874	8,509
Current Year Change			(23,528)	(1,946)
Balance at end of period	(21,654)	6,563	(21,654)	6,563
Unrealized gain (loss) on AFS debt securities
Summary of the AOCI balances, net of tax
Balance at beginning of period			890	7,571
Current Year Change			(23,535)	(1,982)
Balance at end of period	(22,645)	5,589	(22,645)	5,589
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			984	938
Current Year Change			7	36
Balance at end of period	$ 991	$ 974	$ 991	$ 974

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
	Jun. 06, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue recognition
Net interest income		$ 51,232		$ 50,304	$ 113,844	$ 118,170
Noninterest income:
Mortgage banking income		1,763		4,182	4,420	11,375
Program fees		3,885		3,342	7,739	5,551
Increase in cash surrender value of BOLI		623		600	1,235	990
Total noninterest income		30,566		21,648	61,567	50,669
Total net revenue		$ 81,798		$ 71,952	$ 175,411	$ 168,839
Net-revenue concentration (as percent)		100%		100%	100%	100%
Writedowns during entity's holding of property (as a percent)					10%
Core Banking Activities
Revenue recognition
Net interest income		$ 43,197		$ 44,742	$ 84,064	$ 93,025
Noninterest income:
Mortgage banking income		1,763		4,182	4,420	11,375
Increase in cash surrender value of BOLI		623		600	1,235	990
Total noninterest income		9,552		12,218	19,490	26,237
Total net revenue		$ 52,749		$ 56,960	$ 103,554	$ 119,262
Net-revenue concentration (as percent)		64%		79%	59%	71%
Traditional Banking
Revenue recognition
Net interest income		$ 39,158		$ 38,278	$ 75,306	$ 79,380
Noninterest income:
Increase in cash surrender value of BOLI		623		600	1,235	990
Total noninterest income		7,731		7,972	14,965	14,756
Total net revenue		$ 46,889		$ 46,250	$ 90,271	$ 94,136
Net-revenue concentration (as percent)		57%		64%	51%	56%
Warehouse Lending
Revenue recognition
Net interest income		$ 3,886		$ 6,324	$ 8,401	$ 13,096
Noninterest income:
Total noninterest income		12		14	25	28
Total net revenue		$ 3,898		$ 6,338	$ 8,426	$ 13,124
Net-revenue concentration (as percent)		5%		9%	5%	8%
Mortgage Banking
Revenue recognition
Net interest income		$ 153		$ 140	$ 357	$ 549
Noninterest income:
Mortgage banking income		1,763		4,182	4,420	11,375
Total noninterest income		1,809		4,232	4,500	11,453
Total net revenue		$ 1,962		$ 4,372	$ 4,857	$ 12,002
Net-revenue concentration (as percent)		2%		6%	3%	7%
Republic Processing Group
Revenue recognition
Net interest income		$ 8,035		$ 5,562	$ 29,780	$ 25,145
Noninterest income:
Program fees		3,885		3,342	7,739	5,551
Total noninterest income		21,014		9,430	42,077	24,432
Total net revenue		$ 29,049		$ 14,992	$ 71,857	$ 49,577
Net-revenue concentration (as percent)		36%		21%	41%	29%
Tax Refund Solutions
Revenue recognition
Net interest income		$ 1,638		$ 623	$ 17,042	$ 15,299
Noninterest income:
Program fees		736		715	1,463	1,611
Total noninterest income		17,865		6,803	35,801	20,492
Total net revenue		$ 19,503		$ 7,426	$ 52,843	$ 35,791
Net-revenue concentration (as percent)		24%		10%	30%	21%
Republic Credit Solutions
Revenue recognition
Net interest income		$ 6,397		$ 4,939	$ 12,738	$ 9,846
Noninterest income:
Program fees		3,149		2,627	6,276	3,940
Total noninterest income		3,149		2,627	6,276	3,940
Total net revenue		$ 9,546		$ 7,566	$ 19,014	$ 13,786
Net-revenue concentration (as percent)		12%		11%	11%	8%
Service charges on deposit accounts
Noninterest income:
Revenue under 606		$ 3,363		$ 3,071	$ 6,589	$ 5,944
Service charges on deposit accounts \| Core Banking Activities
Noninterest income:
Revenue under 606		3,367		3,075	6,599	5,954
Service charges on deposit accounts \| Traditional Banking
Noninterest income:
Revenue under 606		3,355		3,061	6,574	5,926
Service charges on deposit accounts \| Warehouse Lending
Noninterest income:
Revenue under 606		12		14	25	28
Service charges on deposit accounts \| Republic Processing Group
Noninterest income:
Revenue under 606		(4)		(4)	(10)	(10)
Service charges on deposit accounts \| Tax Refund Solutions
Noninterest income:
Revenue under 606		(4)		(4)	(10)	(10)
Net refund transfer fees
Noninterest income:
Revenue under 606		3,950		5,923	16,001	18,644
Net refund transfer fees \| Core Banking Activities
Noninterest income:
Revenue under 606				2		2
Net refund transfer fees \| Traditional Banking
Noninterest income:
Revenue under 606				2		2
Net refund transfer fees \| Republic Processing Group
Noninterest income:
Revenue under 606		3,950		5,921	16,001	18,642
Net refund transfer fees \| Tax Refund Solutions
Noninterest income:
Revenue under 606		3,950		5,921	16,001	18,642
Interchange fee income
Noninterest income:
Revenue under 606		3,461		3,481	6,531	6,508
Interchange fee income \| Core Banking Activities
Noninterest income:
Revenue under 606		3,389		3,367	6,401	6,336
Interchange fee income \| Traditional Banking
Noninterest income:
Revenue under 606		3,389		3,367	6,401	6,336
Interchange fee income \| Republic Processing Group
Noninterest income:
Revenue under 606		72		114	130	172
Interchange fee income \| Tax Refund Solutions
Noninterest income:
Revenue under 606		72		114	130	172
Net gains (losses) on other real estate owned
Noninterest income:
Revenue under 606		(52)		(44)	(105)	(55)
Net gains (losses) on other real estate owned \| Core Banking Activities
Noninterest income:
Revenue under 606		(52)		(44)	(105)	(55)
Net gains (losses) on other real estate owned \| Traditional Banking
Noninterest income:
Revenue under 606		(52)		(44)	(105)	(55)
Contract termination fee
Noninterest income:
Revenue under 606					5,000
Contract termination fee \| Republic Processing Group
Noninterest income:
Revenue under 606					5,000
Contract termination fee \| Tax Refund Solutions
Noninterest income:
Revenue under 606					5,000
Contract termination fee \| Green Dot
Noninterest income:
Revenue under 606			$ 5,000
Other
Noninterest income:
Revenue under 606		573		1,093	1,157	1,712
Other \| Core Banking Activities
Noninterest income:
Revenue under 606		462		1,036	940	1,635
Other \| Traditional Banking
Noninterest income:
Revenue under 606		416		986	860	1,557
Other \| Mortgage Banking
Noninterest income:
Revenue under 606		46		50	80	78
Other \| Republic Processing Group
Noninterest income:
Revenue under 606		111		57	217	77
Other \| Tax Refund Solutions
Noninterest income:
Revenue under 606		111		$ 57	217	$ 77
Legal settlement
Noninterest income:
Revenue under 606		13,000			13,000
Legal settlement \| Republic Processing Group
Noninterest income:
Revenue under 606		13,000			13,000
Legal settlement \| Tax Refund Solutions
Noninterest income:
Revenue under 606		13,000			$ 13,000
Legal settlement \| Green Dot
Noninterest income:
Revenue under 606	$ 13,000	$ 13,000

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended		6 Months Ended
SEGMENT INFORMATION (Details) $ in Thousands	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Segment Disclosure information
Number of reportable segments \| segment			5
Segment information
Net interest income	$ 51,232	$ 50,304	$ 113,844	$ 118,170
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	3,705	(4,323)	12,931	10,939
Mortgage banking income	1,763	4,182	4,420	11,375
Program fees	3,885	3,342	7,739	5,551
Other noninterest income	7,968	8,201	15,407	15,099
Total noninterest income	30,566	21,648	61,567	50,669
Total noninterest expense	47,653	45,714	96,226	93,595
INCOME BEFORE INCOME TAX EXPENSE	30,440	30,561	66,254	64,305
Income (loss) from continuing operations before income tax expense	30,440	30,561	66,254	64,305
Income tax expense (benefit)	6,539	6,639	14,427	14,330
NET INCOME	23,901	23,922	51,827	49,975
Period-end assets	$ 6,112,476	$ 6,183,310	$ 6,112,476	$ 6,183,310	$ 6,093,632
Net interest margin (as percent)	3.51%	3.33%	3.90%	3.98%
Net-revenue concentration (as percent)	100%	100%	100%	100%
Core Banking Activities
Segment Disclosure information
Number of reportable segments \| segment			3
Segment information
Net interest income	$ 43,197	$ 44,742	$ 84,064	$ 93,025
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	(88)	(142)	(169)	(389)
Mortgage banking income	1,763	4,182	4,420	11,375
Other noninterest income	7,789	8,034	15,070	14,860
Total noninterest income	9,552	12,218	19,490	26,237
Total noninterest expense	42,181	41,011	84,042	82,488
INCOME BEFORE INCOME TAX EXPENSE	10,656	16,091	19,681	37,163
Income (loss) from continuing operations before income tax expense	10,656	16,091	19,681	37,163
Income tax expense (benefit)	2,148	3,083	3,569	7,634
NET INCOME	8,508	13,008	16,112	29,529
Period-end assets	$ 5,616,107	$ 5,661,664	$ 5,616,107	$ 5,661,664
Net interest margin (as percent)	3.02%	3.03%	2.97%	3.24%
Net-revenue concentration (as percent)	64%	79%	59%	71%
Traditional Banking
Segment information
Net interest income	$ 39,158	$ 38,278	$ 75,306	$ 79,380
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	146	(77)	466	(82)
Other noninterest income	7,731	7,970	14,965	14,754
Total noninterest income	7,731	7,972	14,965	14,756
Total noninterest expense	38,314	36,939	76,533	74,267
INCOME BEFORE INCOME TAX EXPENSE	8,429	9,388	13,272	19,951
Income (loss) from continuing operations before income tax expense	8,429	9,388	13,272	19,951
Income tax expense (benefit)	1,647	1,555	2,119	3,680
NET INCOME	6,782	7,833	11,153	16,271
Period-end assets	$ 4,997,734	$ 4,774,765	$ 4,997,734	$ 4,774,765
Net interest margin (as percent)	3.06%	2.97%	2.98%	3.21%
Net-revenue concentration (as percent)	57%	64%	51%	56%
Warehouse Lending
Segment information
Net interest income	$ 3,886	$ 6,324	$ 8,401	$ 13,096
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	(234)	(65)	(635)	(307)
Other noninterest income	12	14	25	28
Total noninterest income	12	14	25	28
Total noninterest expense	1,035	1,066	1,987	2,094
INCOME BEFORE INCOME TAX EXPENSE	3,097	5,337	7,074	11,337
Income (loss) from continuing operations before income tax expense	3,097	5,337	7,074	11,337
Income tax expense (benefit)	692	1,227	1,596	2,661
NET INCOME	2,405	4,110	5,478	8,676
Period-end assets	$ 596,031	$ 840,083	$ 596,031	$ 840,083
Net interest margin (as percent)	2.69%	3.48%	2.89%	3.45%
Net-revenue concentration (as percent)	5%	9%	5%	8%
Mortgage Banking
Segment information
Net interest income	$ 153	$ 140	$ 357	$ 549
Mortgage banking income	1,763	4,182	4,420	11,375
Other noninterest income	46	50	80	78
Total noninterest income	1,809	4,232	4,500	11,453
Total noninterest expense	2,832	3,006	5,522	6,127
INCOME BEFORE INCOME TAX EXPENSE	(870)	1,366	(665)	5,875
Income (loss) from continuing operations before income tax expense	(870)	1,366	(665)	5,875
Income tax expense (benefit)	(191)	301	(146)	1,293
NET INCOME	(679)	1,065	(519)	4,582
Period-end assets	$ 22,342	$ 46,816	$ 22,342	$ 46,816
Net-revenue concentration (as percent)	2%	6%	3%	7%
Republic Processing Group
Segment Disclosure information
Number of reportable segments \| segment			2
Segment information
Net interest income	$ 8,035	$ 5,562	$ 29,780	$ 25,145
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	3,793	(4,181)	13,100	11,328
Program fees	3,885	3,342	7,739	5,551
Other noninterest income	179	167	337	239
Total noninterest income	21,014	9,430	42,077	24,432
Total noninterest expense	5,472	4,703	12,184	11,107
INCOME BEFORE INCOME TAX EXPENSE	19,784	14,470	46,573	27,142
Income (loss) from continuing operations before income tax expense	19,784	14,470	46,573	27,142
Income tax expense (benefit)	4,391	3,556	10,858	6,696
NET INCOME	15,393	10,914	35,715	20,446
Period-end assets	$ 496,369	$ 521,646	$ 496,369	$ 521,646
Net-revenue concentration (as percent)	36%	21%	41%	29%
Tax Refund Solutions
Segment information
Net interest income	$ 1,638	$ 623	$ 17,042	$ 15,299
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	360	(5,773)	8,272	10,111
Program fees	736	715	1,463	1,611
Other noninterest income	179	167	337	239
Total noninterest income	17,865	6,803	35,801	20,492
Total noninterest expense	3,533	3,697	8,678	8,999
INCOME BEFORE INCOME TAX EXPENSE	15,610	9,502	35,893	16,681
Income (loss) from continuing operations before income tax expense	15,610	9,502	35,893	16,681
Income tax expense (benefit)	3,465	2,326	8,371	4,096
NET INCOME	12,145	7,176	27,522	12,585
Period-end assets	$ 382,156	$ 389,999	$ 382,156	$ 389,999
Net-revenue concentration (as percent)	24%	10%	30%	21%
Republic Credit Solutions
Segment information
Net interest income	$ 6,397	$ 4,939	$ 12,738	$ 9,846
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	3,433	1,592	4,828	1,217
Program fees	3,149	2,627	6,276	3,940
Total noninterest income	3,149	2,627	6,276	3,940
Total noninterest expense	1,939	1,006	3,506	2,108
INCOME BEFORE INCOME TAX EXPENSE	4,174	4,968	10,680	10,461
Income (loss) from continuing operations before income tax expense	4,174	4,968	10,680	10,461
Income tax expense (benefit)	926	1,230	2,487	2,600
NET INCOME	3,248	3,738	8,193	7,861
Period-end assets	$ 114,213	$ 131,647	$ 114,213	$ 131,647
Net-revenue concentration (as percent)	12%	11%	11%	8%
Net refund transfer fees
Segment information
Revenue under 606	$ 3,950	$ 5,923	$ 16,001	$ 18,644
Net refund transfer fees \| Core Banking Activities
Segment information
Revenue under 606		2		2
Net refund transfer fees \| Traditional Banking
Segment information
Revenue under 606		2		2
Net refund transfer fees \| Republic Processing Group
Segment information
Revenue under 606	3,950	5,921	16,001	18,642
Net refund transfer fees \| Tax Refund Solutions
Segment information
Revenue under 606	3,950	$ 5,921	16,001	$ 18,642
Contract termination fee
Segment information
Revenue under 606			5,000
Contract termination fee \| Republic Processing Group
Segment information
Revenue under 606			5,000
Contract termination fee \| Tax Refund Solutions
Segment information
Revenue under 606			5,000
Legal settlement
Segment information
Revenue under 606	13,000		13,000
Legal settlement \| Republic Processing Group
Segment information
Revenue under 606	13,000		13,000
Legal settlement \| Tax Refund Solutions
Segment information
Revenue under 606	$ 13,000		$ 13,000