Republic Bancorp (RBCAA) 10-K 3 Mar 23 2022 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2022	Jan. 31, 2023	Jun. 30, 2022
Document Information [Line Items]
Entity Registrant Name	REPUBLIC BANCORP, INC.
Entity Central Index Key	0000921557
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 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 Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Public Float			$ 421,252,833
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Auditor Name	Crowe LLP
Auditor Firm ID	173
Auditor Location	Louisville, Kentucky
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false
ICFR Auditor Attestation Flag	true
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		17,596,420
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,159,495

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 313,689	$ 756,971
Available-for-sale debt securities, at fair value (amortized cost of $663,003 in 2022 and $492,626 in 2021, allowance for credit losses of $0 in 2022 and 2021)	620,365	495,126
Held-to-maturity debt securities (fair value of $87,357 in 2022 and $44,764 in 2021, allowance for credit losses of $10 in 2022 and $47 in 2021)	87,386	44,299
Equity securities with readily determinable fair value	111	2,620
Mortgage loans held for sale, at fair value	1,302	29,393
Consumer loans held for sale, at fair value	4,706	19,747
Consumer loans held for sale, at the lower of cost or fair value	13,169	2,937
Loans (loans carried at fair value of $2 in 2022 and $170 in 2021)	4,515,802	4,496,562
Allowance for credit losses	(70,413)	(64,577)
Loans, net	4,445,389	4,431,985
Federal Home Loan Bank stock, at cost	9,146	10,311
Premises and equipment, net	31,978	36,073
Right-of-use assets	37,017	38,825
Goodwill	16,300	16,300
Other real estate owned	1,581	1,792
Bank owned life insurance	101,687	99,161
Low-income housing tax credit investments	75,324	50,619
Other assets and accrued interest receivable	76,393	57,473
TOTAL ASSETS	5,835,543	6,093,632
Deposits:
Noninterest-bearing	1,908,768	1,989,679
Interest-bearing	2,629,077	2,849,637
Total deposits	4,537,845	4,839,316
Securities sold under agreements to repurchase and other short-term borrowings	216,956	290,967
Operating lease liabilities	37,809	39,672
Federal Home Loan Bank advances	95,000	25,000
Low-income housing tax credit obligations	43,609	23,383
Other liabilities and accrued interest payable	47,711	40,240
Total liabilities	4,978,930	5,258,578
Commitments and contingent liabilities (Footnote 13)
STOCKHOLDERS' EQUITY
Preferred stock, no par value
Class A Common Stock, no par value, 30,000,000 shares authorized, 17,584,928 shares (2022) and 17,816,083 shares (2021) issued and outstanding; Class B Common Stock, no par value, 5,000,000 shares authorized, 2,159,495 shares (2022) and 2,164,903 shares (2021) issued and outstanding	4,648	4,702
Additional paid in capital	141,694	139,956
Retained earnings	742,250	688,522
Accumulated other comprehensive (loss) income	(31,979)	1,874
Total stockholders' equity	856,613	835,054
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 5,835,543	$ 6,093,632

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Available-for-sale debt securities	$ 663,003	$ 492,626
Available-for-sale debt securities, allowance for credit losses	0	0
Held-to-maturity debt securities	87,357	44,764
Held-to-maturity debt securities, allowance for credit losses	10	47
Loans held for investment fair value	$ 2	$ 170
Preferred stock, no par value	$ 0	$ 0
Class A Common Stock
Common Stock, no par value	$ 0	$ 0
Common Stock, shares authorized	30,000,000	30,000,000
Common Stock, issued	17,584,928	17,816,083
Common Stock, outstanding	17,584,928	17,816,083
Class B Common Stock
Common Stock, no par value	$ 0	$ 0
Common Stock, shares authorized	5,000,000	5,000,000
Common Stock, issued	2,159,495	2,164,903
Common Stock, outstanding	2,159,495	2,164,903

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
INTEREST INCOME:
Loans, including fees	$ 221,075	$ 219,592	$ 241,044
Taxable investment securities	11,384	7,450	9,798
Federal Home Loan Bank stock and other	11,725	1,364	1,416
Total interest income	244,184	228,406	252,258
INTEREST EXPENSE:
Deposits	6,757	5,039	15,089
Securities sold under agreements to repurchase and other short-term borrowings	397	63	177
Federal Reserve Payment Protection Plan Liquidity Facility			153
Federal Home Loan Bank advances	339	57	3,524
Subordinated note		507	1,000
Total interest expense	7,493	5,666	19,943
NET INTEREST INCOME	236,691	222,740	232,315
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	22,348	14,808	31,278
NET INTEREST INCOME AFTER PROVISION	214,343	207,932	201,037
NONINTEREST INCOME:
Mortgage banking income	6,196	19,994	31,847
Program fees	16,172	14,237	7,095
Increase in cash surrender value of bank owned life insurance	2,526	2,242	1,585
Total noninterest income	89,810	86,575	87,053
NONINTEREST EXPENSE:
Salaries and employee benefits	111,240	110,088	106,166
Technology, equipment, and communication	28,954	29,351	29,128
Occupancy	13,014	13,193	13,438
Marketing and development	6,875	4,390	4,031
FDIC insurance expense	1,668	1,591	1,010
State and local bank franchise tax expense			5,369
Interchange related expense	4,773	4,960	4,303
Legal and professional fees	4,024	4,924	4,244
FHLB advances early termination penalties	0	0	2,108
Other	16,760	14,568	15,660
Total noninterest expense	187,308	183,065	185,457
INCOME BEFORE INCOME TAX EXPENSE	116,845	111,442	102,633
INCOME TAX EXPENSE	25,739	23,831	19,387
NET INCOME	91,106	87,611	83,246
Service charges on deposit accounts
NONINTEREST INCOME:
Revenue under 606	13,426	12,553	11,615
Net refund transfer fees
NONINTEREST INCOME:
Revenue under 606	17,080	20,248	20,297
Interchange fee income
NONINTEREST INCOME:
Revenue under 606	13,125	13,062	11,188
Net losses on other real estate owned
NONINTEREST INCOME:
Revenue under 606	(211)	(160)	(40)
Contract termination fee
NONINTEREST INCOME:
Revenue under 606	5,000
Legal settlement
NONINTEREST INCOME:
Revenue under 606	13,000
Other
NONINTEREST INCOME:
Revenue under 606	$ 3,496	$ 4,399	$ 3,466
Class A Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	$ 4.60	$ 4.29	$ 4
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	4.59	4.28	3.99
Class B Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	4.19	3.90	3.64
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	$ 4.17	$ 3.89	$ 3.63

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 91,106	$ 87,611	$ 83,246
OTHER COMPREHENSIVE INCOME (LOSS)
Change in fair value of derivatives used for cash flow hedges			(177)
Reclassification amount for net derivative losses realized in income			281
Unrealized losses on AFS debt securities	(45,109)	(8,908)	7,147
Unrealized (loss) gain on AFS debt security for which a portion of OTTI has been recognized in earnings	(29)	63	(35)
Total other comprehensive loss before income tax	(45,138)	(8,845)	7,216
Tax effect	11,285	2,210	(1,805)
Total other comprehensive loss, net of tax	(33,853)	(6,635)	5,411
COMPREHENSIVE INCOME	$ 57,253	$ 80,976	$ 88,657

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 Cumulative Effect, Period of Adoption, Adjustment	Retained Earnings	Accumulated Other Comprehensive Income	Class A Common Stock	Class B Common Stock	Cumulative Effect, Period of Adoption, Adjustment	Total
Increase (Decrease) in Stockholders' Equity
Adjustment for adoption							$ (4,291)					$ (4,291)
Balance at beginning of period at Dec. 31, 2019			$ 4,907	$ 142,068				$ 614,171	$ 3,098				$ 764,244
Balance (in shares) at Dec. 31, 2019	18,737	2,206
Increase (Decrease) in Stockholders' Equity
Net income								83,246					83,246
Net change in accumulated other comprehensive income (loss)									5,411				5,411
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (21,433)	$ (2,288)				$ (21,433)	$ (2,288)
Stock options exercised, net of shares withheld			13	197									210
Stock options exercised, net of shares withheld (in shares)	25
Conversion of Class B Common Stock to Class A Common Stock (in shares)	7	(7)
Repurchase of Class A Common Stock			(26)	(782)				(3,127)					(3,935)
Repurchase of Class A Common Stock (in shares)	(115)
Net change in notes receivable on Class A Common Stock				(35)									(35)
Deferred director compensation expense - Class A Common Stock				352									352
Deferred director compensation expense - Class A Common Stock (in shares)	4
Deferred designed key employee compensation expense - Class A Common Stock				566									566
Employee stock purchase plan - Class A Common Stock			4	623									627
Employee stock purchase plan - Class A Common Stock (in shares)	20
Stock-based awards, Performance stock units				(200)									(200)
Stock-based awards, Performance stock units (in shares)	18
Stock-based awards, Restricted stock			1	385									386
Stock-based awards, Restricted stock (in shares)	1
Stock options				463									463
Balance at end 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													50,011
Balance at end of period at Jun. 30, 2021													845,126
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													70,393
Balance at end of period at Sep. 30, 2021													839,066
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								87,611					87,611
Net change in accumulated other comprehensive income (loss)									(6,635)				(6,635)
Dividends declared on Common Stock:
Dividends declared on Common Stock					(22,451)	(2,435)				(22,451)	(2,435)
Stock options exercised, net of shares withheld			13	(155)									(142)
Stock options exercised, net of shares withheld (in shares)	28
Conversion of Class B Common Stock to Class A Common Stock (in shares)	34	(34)
Repurchase of Class A Common Stock			(216)	(6,831)				(40,481)					(47,528)
Repurchase of Class A Common Stock (in shares)	(980)
Net change in notes receivable on Class A Common Stock				151									151
Deferred director compensation expense - Class A Common Stock				417									417
Deferred director compensation expense - Class A Common Stock (in shares)	4
Deferred designed key employee compensation expense - Class A Common Stock				607									607
Employee stock purchase plan - Class A Common Stock			4	691									695
Employee stock purchase plan - Class A Common Stock (in shares)	15
Stock-based awards, Performance stock units				129									129
Stock-based awards, Restricted stock			2	736									738
Stock-based awards, Restricted stock (in shares)	18
Stock options				574									574
Balance at end of period at Dec. 31, 2021			4,702	139,956				688,522	1,874				835,054
Balance (in shares) at Dec. 31, 2021	17,816	2,165
Balance at beginning of period at Jun. 30, 2021													845,126
Increase (Decrease) in Stockholders' Equity
Net income													20,382
Balance at end of period at Sep. 30, 2021													839,066
Increase (Decrease) in Stockholders' Equity
Net income													17,218
Balance at end of period at Dec. 31, 2021			4,702	139,956				688,522	1,874				835,054
Balance (in shares) at Dec. 31, 2021	17,816	2,165
Increase (Decrease) in Stockholders' Equity
Net income													28,350
Balance at end of period at Mar. 31, 2022													841,576
Balance at beginning of period at Dec. 31, 2021			4,702	139,956				688,522	1,874				835,054
Balance (in shares) at Dec. 31, 2021	17,816	2,165
Increase (Decrease) in Stockholders' Equity
Net income													52,697
Balance at end of period at Jun. 30, 2022													843,866
Balance at beginning of period at Dec. 31, 2021			4,702	139,956				688,522	1,874				835,054
Balance (in shares) at Dec. 31, 2021	17,816	2,165
Increase (Decrease) in Stockholders' Equity
Net income													72,593
Balance at end of period at Sep. 30, 2022													843,063
Balance at beginning of period at Dec. 31, 2021			4,702	139,956				688,522	1,874				835,054
Balance (in shares) at Dec. 31, 2021	17,816	2,165
Increase (Decrease) in Stockholders' Equity
Net income								91,106					91,106
Net change in accumulated other comprehensive income (loss)									(33,853)				(33,853)
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (24,122)	$ (2,679)				$ (24,122)	$ (2,679)
Stock options exercised, net of shares withheld			2	50									52
Stock options exercised, net of shares withheld (in shares)	3
Conversion of Class B Common Stock to Class A Common Stock (in shares)	5	(5)
Repurchase of Class A Common Stock			(60)	(1,940)				(10,577)					(12,577)
Repurchase of Class A Common Stock (in shares)	(273)
Net change in notes receivable on Class A Common Stock				61									61
Deferred director compensation expense - Class A Common Stock				503									503
Deferred director compensation expense - Class A Common Stock (in shares)	6
Deferred designed key employee compensation expense - Class A Common Stock				725									725
Employee stock purchase plan - Class A Common Stock			4	690									694
Employee stock purchase plan - Class A Common Stock (in shares)	16
Stock-based awards, Performance stock units				152									152
Stock-based awards, Restricted stock				937									937
Stock-based awards, Restricted stock (in shares)	12
Stock options				560									560
Balance at end of period at Dec. 31, 2022			$ 4,648	$ 141,694				$ 742,250	$ (31,979)				856,613
Balance (in shares) at Dec. 31, 2022	17,585	2,160
Balance at beginning of period at Mar. 31, 2022													841,576
Increase (Decrease) in Stockholders' Equity
Net income													24,347
Balance at end of period at Jun. 30, 2022													843,866
Increase (Decrease) in Stockholders' Equity
Net income													19,896
Balance at end of period at Sep. 30, 2022													$ 843,063

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Class A Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 1.364	$ 1.232	$ 1.144
Class B Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 1.24	$ 1.12	$ 1.04

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
OPERATING ACTIVITIES:
Net income	$ 91,106	$ 87,611	$ 83,246
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization on investment securities and low-income housing investments	4,798	4,414	3,204
Net accretion and amortization on loans	(3,760)	(13,973)	(13,084)
Unrealized and realized losses on equity securities with readily determinable fair value	263	463	105
Depreciation of premises and equipment	7,598	8,986	9,725
Amortization of mortgage servicing rights	2,264	3,453	3,756
(Recovery) loss of mortgage servicing rights		(500)	500
Provision for on-balance sheet exposures	22,348	14,808	31,278
Provision for off-balance sheet exposures	198	63	533
Net gain on sale of mortgage loans held for sale	(4,942)	(19,659)	(33,179)
Origination of mortgage loans held for sale	(205,365)	(680,714)	(782,939)
Proceeds from sale of mortgage loans held for sale	238,398	717,847	788,475
Net gain on sale of consumer loans held for sale	(13,277)	(11,298)	(4,980)
Origination of consumer loans held for sale	(1,045,715)	(882,180)	(518,873)
Proceeds from sale of consumer loans held for sale	1,063,801	875,570	531,321
Net gain realized on sale of other real estate owned		(51)	(65)
Writedowns of other real estate owned	211	211	105
Deferred compensation expense - Class A Common Stock	1,228	1,024	918
Stock-based awards and ESPP expense - Class A Common Stock	1,753	1,545	953
Net gain on sale of bank premises and equipment		(399)	(353)
Increase in cash surrender value of bank owned life insurance	(2,526)	(2,242)	(1,585)
Death benefits in excess of cash surrender value of life insurance		(979)
FHLB advances early termination penalties			2,108
Net change in other assets and liabilities:
Accrued interest receivable	(3,695)	3,048	(14)
Accrued interest payable	80	(183)	(2,460)
Other assets	(3,896)	(940)	(19,391)
Other liabilities	3,919	(5,672)	(3,872)
Net cash provided by operating activities	154,789	100,253	75,432
INVESTING ACTIVITIES:
Purchases of available-for-sale debt securities	(329,820)	(211,545)	(298,878)
Purchases of held-to-maturity debt securities	(75,000)
Proceeds from calls, maturities and paydowns of equity and available-for-sale debt securities	161,561	230,457	251,930
Proceeds from calls, maturities and paydowns of held-to-maturity debt securities	31,945	9,139	9,009
Net change in outstanding warehouse lines of credit	446,990	112,246	(245,338)
Net change in other loans	(478,958)	207,115	(142,811)
Proceeds from redemption of Federal Home Loan Bank stock	1,165	7,086	22,434
Purchase of Federal Home Loan Bank stock			(9,000)
Proceeds from sales of other real estate owned		611	324
Proceeds from sale of bank premises and equipment		637	894
Purchase of bank owned life insurance, net of death benefits paid		(28,901)
Investments in low-income housing tax partnerships	(8,889)	(14,507)	(6,998)
Net purchases of premises and equipment	(3,503)	(5,785)	(3,582)
Net cash (used in) provided by investing activities	(254,509)	306,553	(422,016)
FINANCING ACTIVITIES:
Net change in deposits	(301,471)	106,415	947,173
Net change in securities sold under agreements to repurchase and other short-term borrowings	(74,011)	79,941	43,409
Payments of Federal Home Loan Bank advances	(25,000)	(235,000)	(1,105,000)
Proceeds from Federal Home Loan Bank advances	95,000	25,000	590,000
FHLB advances early termination penalties			(2,108)
Payoff of subordinated note, net of common security interest		(40,000)
Repurchase of Class A Common Stock	(12,577)	(47,528)	(3,935)
Net proceeds from Class A Common Stock purchased through employee stock purchase plan	590	591	533
Net proceeds from option exercises and equity awards vested - Class A Common Stock	52	(142)
Cash dividends paid	(26,145)	(24,699)	(23,204)
Net cash (used in) provided by financing activities	(343,562)	(135,422)	446,868
NET CHANGE IN CASH AND CASH EQUIVALENTS	(443,282)	271,384	100,284
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	756,971	485,587	385,303
CASH AND CASH EQUIVALENTS AT END OF PERIOD	313,689	756,971	485,587
Cash paid during the period for:
Interest	7,413	5,849	22,403
Income taxes	21,637	20,069	24,926
SUPPLEMENTAL NONCASH DISCLOSURES:
Mortgage servicing rights capitalized	1,838	5,054	5,463
Transfers from loans to real estate acquired in settlement of loans		64	2,750
New unfunded obligations in low-income-housing investments	29,115	10,000	10,000
Right-of-use assets recorded	$ 6,360	$ 1,354	14,144
Allowance for credit losses recorded upon adoption of ASC 326			$ 7,241

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ​ Nature of Operations and Principles of Consolidation — ​ Republic is a financial holding company headquartered in Louisville, Kentucky. The Bank is a Kentucky-based, state-chartered non-member financial institution that provides both traditional and non-traditional banking products through five reportable segments using a multitude of delivery channels. While the Bank operates primarily in its market footprint, its non-brick-and-mortar delivery channels allow it to reach clients across the U.S. The Captive is a Nevada-based, wholly owned insurance subsidiary of the Company. The Captive provides property and casualty insurance coverage to the Company and the Bank, as well as a group of third-party insurance captives for which insurance may not be available or economically feasible. ​ In 2005, Republic Bancorp Capital Trust, an unconsolidated trust subsidiary of Republic, was formed and issued $40 million in TPS. The sole asset of RBCT represented the proceeds of the offering loaned to Republic in exchange for a subordinated note with similar terms to the TPS. On September 30, 2021, as permitted under the terms of RBCT’s governing documents, Republic repaid the subordinated note and redeemed the TPS at par without penalty. ​ As of December 31, 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 · · · ​ 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 — ​ ​ Mortgage Banking segment — ​ Republic Processing Group ​ Tax Refund Solutions segment — Through the TRS segment, the Bank is one of a limited number of financial institutions that facilitates the receipt and payment of federal and state tax refund products and offers a credit product through third-party tax preparers located throughout the U.S., as well as tax-preparation software providers (collectively, the “Tax Providers”). The majority of all the business generated by the TRS business occurs during the first half of each year. During the second half of each year, TRS generates limited revenue and incurs costs preparing for the next year’s tax season. ​ RTs are fee-based products whereby a tax refund is issued to the taxpayer after the Bank has received the refund from the federal or state government. There is no credit risk or borrowing cost associated with these products because they are only delivered to the taxpayer upon receipt of the tax refund directly from the governmental paying authority. Fees earned by the Company on RTs, net of revenue share, are reported as noninterest income under the line item “Net refund transfer fees.” ​ The RA credit product is a loan made in conjunction with the filing of a taxpayer’s final federal tax return, which allows the taxpayer to borrow funds as an advance of a portion of their tax refund. The RA product had the following features during the first quarters of 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 disbursement methods were available with most Tax Providers, including direct deposit, prepaid card, or check, based on the taxpayer-customer’s election; ● Repayment of the RA to the Bank is deducted from the taxpayer’s tax refund proceeds; and ● If an insufficient refund to repay the RA 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 ERA credit product is similar to the RA, with the distinction of the timing of when the ERA is originated and the documentation available to underwrite the credit. The ERA is originated prior to the taxpayer receiving their fiscal year taxable income documentation, e.g. , W-2 and the filing of the taxpayer’s final federal tax return. The repayment of the ERA is incumbent upon the taxpayer client returning to the Bank’s Tax Provider for the filing of their final federal tax return in order for the tax refund to potentially be received by the Bank from the federal government to pay off the advance. The ERA product related to the first quarter 2023 tax filing season had the following features: ​ ● Offered only during December 2022 and January 2023; ● The taxpayer had the option to choose from multiple loan-amount tiers, subject to underwriting, up to a maximum advance amount of $1,000 ; ● No requirement that the taxpayer pays for another bank product, such as an RT; ● Multiple disbursement methods were available with most Tax Providers, including direct deposit or prepaid card, based on the taxpayer-customer’s election; ● Repayment of the ERA to the Bank is deducted from the taxpayer’s tax refund proceeds; and ● If an insufficient refund to repay the ERA 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 RAs, including ERAs, as interest income on loans. RAs originated related to the first quarter 2022 tax season were repaid, on average, within 32 days after the taxpayer’s tax return was submitted to the applicable taxing authority. RAs and ERAs do not have a contractual due date but the Company considered an RA, related to the first quarter 2022 tax season, delinquent 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 RAs are estimated when advances are made. Unpaid RAs, including ERAs, related to the first quarter tax season of a given year are charged-off by June 30 th ​ Related to the overall credit losses on RAs and ERAs, 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 RA and ERA approval model is based primarily on the prior-year’s tax refund payment patterns. Because the substantial majority of the RA and ERA 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 filed a stipulation of dismissal of the Lawsuit with the Delaware Court of Chancery, which was effective to dismiss the Lawsuit when filed. ​ 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 ​ ​ 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 ​ ● RCS installment loan product – Through RCS, the Bank offers 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 three different third-party service providers. ​ o For two of the programs, the Bank retains 100% of the receivables, with recourse in the event of default. ​ o For the remaining program, in some instances the Bank retains 100% of the receivables originated, with recourse in the event of default, and in other instances, the Bank 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.” ​ Use of Estimates ​ Concentration of Credit Risk ​ The Bank’s warehouse lines of credit are secured by single family, first lien residential real estate loans originated by the Bank’s mortgage clients across the United States. As of December 31, 2022, 28% of collateral securing warehouse lines was located in California. ​ Earnings Concentration ​ For 2022, 2021, and 2020, approximately 4%, 8% and 8% of total Company net revenues (net interest income plus noninterest income) were derived from the Company’s Warehouse segment. ​ Cash Flows ​ Interest-Bearing Deposits in Other Financial Institutions ​ Debt Securities ​ Interest income includes amortization of purchase premiums and accretion of discounts. Premiums and discounts on securities are generally amortized on the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. Premiums on callable securities are amortized to the earliest call date. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. ​ A debt security is placed on nonaccrual status at the time any principal or interest payments become more than 90 days delinquent. Interest accrued but not received for a security placed on nonaccrual is reversed against interest income. ​ Equity Securities — ​ Allowance for Credit Losses on Available-for-Sale Securities — For the Company’s AFS corporate bond, the Company uses third-party PD and LGD data to estimate an ACLS, which is limited by the amount that the bond’s fair value is less than its amortized cost basis. ​ For all other AFS debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For other AFS debt securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an ACLS is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an ACLS is recognized in other comprehensive income. ​ Changes in ACLS are recorded as a charge or credit to the Provision. Losses are charged against the ACLS when management believes the lack of collectability of an AFS debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. ​ Accrued interest on AFS debt securities totaled $2 million and $1 million as of December 31, 2022 and 2021 and is excluded from the ACLS. Accrued interest on AFS debt securities is presented as a component of other assets on the Company’s balance sheet. ​ Allowance for Credit Losses on Held-to-Maturity Securities — The Company measures expected credit losses on HTM debt securities on a collective basis by major security type. Accrued interest receivable on HTM debt securities totaled as of December 31, 2022 and 2021 and is excluded from the ACLS. Accrued interest on HTM debt securities is presented as a component of other assets on the Company’s balance sheet. ​ The estimate of ACLS on HTM debt securities considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. ​ The Company classifies its HTM portfolio into the following major security types: MBS, corporate bonds, and municipal bonds. MBS securities include CMOs. Nearly all of the MBS portfolio is issued by U.S. government entities or government sponsored entities. These securities are highly rated by major rating agencies and have a long history of no credit losses. The MBS portfolio also carries ratings no lower than investment grade. The Company uses PD and LGD estimates provided by a third-party to estimate an ACLS for its corporate and municipal bond portfolios. These PD and LGD estimates are updated at least quarterly by the Company, with these estimates incorporating the most recent market expectations and forecasted information. ​ Loans Held for Sale - ​ Mortgage Banking Activities ​ Commitments to fund mortgage loans (“interest rate lock commitments”) to be sold into the secondary market and non-exchange traded mandatory forward sales contracts (“forward contracts”) for the future delivery of these mortgage loans or the purchase of TBA securities are accounted for as free-standing derivatives. Fair values of these mortgage derivatives are estimated based on changes in mortgage interest rates from the date the Bank enters into the derivative. Generally, the Bank enters into forward contracts for the future delivery of mortgage loans or the purchase of TBA securities when interest rate lock commitments are entered into, in order to hedge the change in interest rates resulting from its commitments to fund the loans. Changes in the fair values of these mortgage derivatives are included in net gains on sales of loans, which is a component of Mortgage Banking income on the income statement. ​ Mortgage loans held for sale are generally sold with the MSRs retained. When mortgage loans are sold with servicing retained, servicing rights are initially recorded at fair value with the income statement effect recorded as a component of Mortgage Banking income. Fair value is based on market prices for comparable mortgage servicing contracts, when available or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. All classes of servicing assets are subsequently measured using the amortization method, which requires servicing rights to be amortized into Mortgage Banking income in proportion to, and over the period of, the estimated future net servicing income of the underlying loans. Amortization of MSRs are initially set at seven years and subsequently adjusted on a quarterly basis based on the weighted average remaining life of the underlying loans. ​ MSRs are evaluated for impairment quarterly based upon the fair value of the MSRs as compared to carrying amount. Impairment is determined by stratifying MSRs into groupings based on predominant risk characteristics, such as interest rate, loan type, loan terms and investor type. Impairment is recognized through a valuation allowance for an individual grouping, to the extent that fair value is less than the carrying amount. If the Bank later determines that all or a portion of the impairment no longer exists for a particular grouping, a reduction of the valuation allowance is recorded as an increase to income. Changes in valuation allowances are reported within Mortgage Banking income on the income statement. The fair value of the MSR portfolios is subject to significant fluctuations as a result of changes in estimated and actual prepayment speeds and default rates. ​ A primary factor influencing the fair value is the estimated life of the underlying serviced loans. The estimated life of the serviced loans is significantly influenced by market interest rates. During a period of declining interest rates, the fair value of the MSRs generally will decline due to higher expected prepayments within the portfolio. Alternatively, during a period of rising interest rates the fair value of MSRs generally will increase, as prepayments on the underlying loans would be expected to decline. ​ See Footnote 16 “Mortgage Banking Activities” in this section of the filing for management’s determination of MSR impairment. ​ ​ Loan servicing income is reported on the income statement as a component of Mortgage Banking income. Loan servicing income is recorded as loan payments are collected and includes servicing fees from investors and certain charges collected from borrowers. The fees are based on a contractual percentage of the outstanding principal, or a fixed amount per loan and are recorded as income when earned. Loan servicing income totaled $3.5 million, $3.3 million and $2.9 million for the years ended December 31, 2022, 2021, and 2020. Late fees and ancillary fees related to loan servicing are considered nominal. ​ Consumer Loans Held for Sale, at Fair Value ​ Consumer Loans Held for Sale, at Lower of Cost or Fair Value ​ Loans — ​ Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method. Premiums on loans held for investment are amortized into interest income on the level-yield method over the expected life of the loan. ​ Lease financing receivables, which are generally direct financing leases, are reported at their principal balance outstanding, including any lease residual amount, net of any unearned income, deferred loan fees and costs, and applicable ACLL. Leasing income is recognized on a basis that achieves a constant periodic rate of return on the outstanding lease financing balances over the lease terms. ​ Interest income on mortgage and commercial loans is typically discontinued at the time the loan is 80 days delinquent unless the loan is well secured and in process of collection. Past due status is based on the contractual terms of the loan, which may define past due status by the number of days or the number of payments past due. In most cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual loans and loans past due 80 days still on accrual include smaller balance, homogeneous loans that are evaluated collectively or individually for loss. ​ Interest accrued but not received for all classes of loans placed on nonaccrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured, typically a minimum of six ​ Purchased Credit Deteriorated Loans — ​ ● Non-accretable discount assigned by the Bank; ● Classified by either the acquired bank or the Bank as Special Mention or Substandard; ● Nonaccrual status when purchased; ● Past due 30 days or more when purchased; ● Loans that have been at least one time over 30 days past due; ● Past maturity date when purchased; ● Select loans that are cross collateralized with any loans identified above; ​ PCD loans are recorded at the amount paid. An ACLL is determined using the same methodology as other loans held for investment. The initial ACLL determined on a collective basis is allocated to individual loans. The sum of the loan’s purchase price and ACLL becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a noncredit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the ACLL are recorded through the Provision. ​ Allowance for Credit Losses on Loans — ​ The ACLL is measured on a collective or pooled basis when similar risk characteristics exist. The first table of Footnote 4 illustrates the Company’s loan portfolio by ACLL risk pool. This pooling method is primarily based on the pool’s collateral type or the pool’s purpose and generally follows the Bank’s loan segmentation for regulatory reporting. For each of its loan pools, the Company uses a “static-pool” method, which analyzes historical closed pools of similar loans over their expected lives to attain a loss rate. This loss rate is then adjusted for current conditions and reasonable and supportable forecasts prior to being applied to the current balance of the analyzed pools. Adjustments to the historical loss rate for current conditions include differences in underwriting standards, portfolio mix, delinquency level, or term, as well as for changes in environmental conditions, such as changes in property values or other relevant factors. A one-year forecast adjustment to the historical loss rate is based on a forecast of the U.S. national unemployment rate, which has shown a relatively strong historical correlation to the Bank’s loan losses. For its CRE loan pool, the Company uses a one-year forecast of general CRE values. Subsequent to one-year forecasts, loss rates are assumed to immediately revert back to long-term historical averages. ​ Loans that do not share risk characteristics are evaluated on an individual basis, with the Company choosing to individually evaluate all TDRs. Loans evaluated individually are not included in the pooled evaluation but are instead evaluated under a discounted cash flow or collateral-dependent method. A collateral dependent method is used when foreclosure is probable, with expected credit losses based on the fair value of the collateral at the reporting date, adjusted for selling costs if appropriate. ​ Determining Expected Loan Lives: Expected credit losses are estimated over the contractual loan term, adjusted for expected prepayments when appropriate. The contractual term excludes expected extensions, renewals, and modifications unless either of the following applies: management has a reasonable expectation at the reporting date that a TDR will be executed with an individual borrower, or the extension or renewal options are included in the original or modified contract at the reporting date and are not unconditionally cancellable by the Company. ​ See Footnote 4 “Loans and Allowance for Credit Losses” in this section of the filing for additional discussion regarding the Company’s ACLL. ​ Troubled Debt Restructurings — A TDR is a situation where, due to a borrower’s financial difficulties, the Bank grants a concession to the borrower that the Bank would not otherwise have considered. The Company measures the ACLL for TDRs individually using either a discounted cash-flow method or the collateral method, if the TDR is collateral dependent. TDRs whose ACLL is measured using a discounted cash flow method use the original pre-modification interest rate on the loan for discounting. ​ Transfers of Financial Assets — ​ Other Real Estate Owned 10- 13% of each property’s fair value, depending on property class. Fair value is commonly based on recent real estate appraisals or broker price opinions. Operating costs after acquisition are expensed. ​ Appraisals for both collateral-dependent loans and OREO are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Bank. Appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Once the appraisal is received, a member of the Bank’s CCAD reviews the assumptions and approaches utilized in the appraisal, as well as the overall resulting fair value in comparison with independent data sources, such as recent market data or industry-wide statistics. On at least an annual basis, the Bank performs a back test of collateral appraisals by comparing actual selling prices on recent collateral sales to the most recent appraisal of such collateral. Back tests are performed for each collateral class, e.g., residential real estate or commercial real estate, and may lead to additional adjustments to the value of unliquidated collateral of similar class. ​ Premises and Equipment, Net — three three ​ Right of Use Assets and Operating Lease Liabilities — ​ Regarding lease terms, the Company’s assumes the remaining lease term includes the fixed noncancelable term, plus all periods for which failure to renew the lease imposes a penalty on the Company, plus all periods for which the Company is reasonably certain to exercise a lease renewal option, plus all periods for which the Company is reasonably certain not to exercise a lease termination option. In determining whether it is reasonably certain to exercise a lease renewal or termination option, the Company considers its overall strategic plan and all economic and environmental circumstances connected to the leased property. ​ To discount its operating lease payments and guarantees, the Company employs the interest rate curve published by the FHLB of Cincinnati for the FHLB’s collateralized term borrowings, matching expected lease term to borrowing term. ​ The Company does not place short-term leases on its balance sheet. Short-term leases have a lease term of 12 months or less and do not include a purchase option that the Company is reasonably certain to exercise. ​ Federal Home Loan Bank Stock ​ Bank Owned Life Insurance — ​ Goodwill and Other Intangible Assets ​ The Company has selected September 30 th ​ All goodwill is attributable to the Company’s Traditional Banking segment and is not expected to be deductible for tax purposes. Based on its assessment, the Company believes its goodwill of $16 million as of December 31, 2022 and 2021 was not impaired and is properly recorded in the consolidated financial. ​ Off Balance Sheet Financial Instruments ​ Allowance for Credit Losses on Off-Balance Sheet Credit Exposures — The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit unless that obligation is unconditionally cancellable by the Company. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. The likelihood that funding will occur is based on the historical usage rate of such commitments. ​ For a listing of off-balance sheet credit exposures the Company generally considers for an ACLC, see Footnote 13 “Off Balance Sheet Risks, Commitments And Contingent Liabilities” in this section of the filing. ​ The ACLC is recorded as a component of other liabilities on the Company’s balance sheet. Any provision for the ACLC is recorded on the Company’s income statement as a component of other noninterest expense. ​ Derivatives ​ The accounting for changes in the fair value of a derivative depends on whether it has been designated and qualifies as part of a hedging relationship. For a derivative designated as a cash flow hedge, the effective portion of the derivative’s unrealized gain or loss is recorded as a component of other comprehensive income (loss). For derivatives not designated as hedge

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 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 December 31, 2022 (in thousands) ​ Cost ​ Gains ​ Losses ​ Credit Losses Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 436,333 ​ $ 1 ​ $ (25,193) ​ $ — ​ $ 411,141 Private label mortgage-backed security ​ 843 ​ 1,284 ​ — ​ — ​ 2,127 Mortgage-backed securities - residential ​ 189,312 ​ 16 ​ (17,455) ​ — ​ 171,873 Collateralized mortgage obligations ​ 22,774 ​ 21 ​ (1,427) ​ — ​ 21,368 Corporate bonds ​ 10,000 ​ 1 ​ — ​ — ​ 10,001 Trust preferred security ​ 3,741 ​ 114 ​ — ​ — ​ 3,855 Total available-for-sale debt securities ​ $ 663,003 ​ $ 1,437 ​ $ (44,075) ​ $ — ​ $ 620,365 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 December 31, 2022 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ Credit Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 75,000 ​ $ 106 ​ $ — ​ $ 75,106 ​ $ — Mortgage-backed securities - residential ​ ​ 27 ​ ​ — ​ ​ (1) ​ ​ 26 ​ ​ — Collateralized mortgage obligations ​ 7,270 ​ 54 ​ (148) ​ 7,176 ​ — Corporate bonds ​ 4,974 ​ — ​ (49) ​ 4,925 ​ (10) Obligations of state and political subdivisions ​ ​ 125 ​ ​ — ​ ​ (1) ​ ​ 124 ​ ​ — Total held-to-maturity debt securities ​ $ 87,396 ​ $ 160 ​ $ (199) ​ $ 87,357 ​ $ (10) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 and Calls of Available-for-Sale Debt Securities ​ During 2022, 2021, and 2020 there were no material sales of AFS debt securities. The Company had no AFS debt securities called during 2022. The Company did have AFS debt securities called during 2021 and 2020 with an amortized cost of $90 million and $119 million. ​ Debt Securities by Contractual Maturity ​ The following table presents the amortized cost and fair value of debt securities by contractual maturity as of December 31, 2022. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or early termination 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 December 31, 2022 (in thousands) ​ Cost ​ Value ​ Cost ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due in one year or less ​ $ 41,789 ​ $ 41,433 ​ $ 125 ​ $ 124 ​ Due from one year to five years ​ 404,544 ​ 379,709 ​ 79,974 ​ 80,031 ​ Due from five years to ten years ​ — ​ — ​ — ​ — ​ Due beyond ten years ​ 3,741 ​ 3,855 ​ — ​ — ​ Private label mortgage-backed security ​ 843 ​ 2,127 ​ — ​ — ​ Mortgage-backed securities - residential ​ 189,312 ​ 171,873 ​ 27 ​ 26 ​ Collateralized mortgage obligations ​ 22,774 ​ 21,368 ​ 7,270 ​ 7,176 ​ Total debt securities ​ $ 663,003 ​ $ 620,365 ​ $ 87,396 ​ $ 87,357 ​ ​ 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 December 31, 2022 and 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 December 31, 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 ​ $ 229,372 ​ $ (7,139) ​ $ 171,676 ​ $ (18,054) ​ $ 401,048 ​ $ (25,193) ​ Mortgage-backed securities - residential ​ ​ 105,274 ​ ​ (7,434) ​ ​ 65,520 ​ ​ (10,021) ​ ​ 170,794 ​ ​ (17,455) ​ Collateralized mortgage obligations ​ ​ 20,418 ​ ​ (1,426) ​ ​ 6 ​ ​ (1) ​ ​ 20,424 ​ ​ (1,427) ​ Total available-for-sale debt securities ​ $ 355,064 ​ $ (15,999) ​ $ 237,202 ​ $ (28,076) ​ $ 592,266 ​ $ (44,075) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 December 31, 2022, the Bank’s portfolio consisted of 179 securities, 163 of which were in an unrealized loss position. ​ As of December 31, 2021, the Bank’s portfolio consisted of 173 securities, 29 of which were in an unrealized loss position. ​ As of December 31, 2022 and 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. ​ Mortgage-Backed Securities and Collateralized Mortgage Obligations ​ As of December 31, 2022, with the exception of the $2.1 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 December 31, 2022 and 2021, there were gross unrealized losses of $18.9 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 ​ The Parent Company owns a floating rate trust preferred security with a $5 million par value. The coupon on this security is based on the 3-month LIBOR rate plus 159 basis points. The Company performs an ongoing analysis of the credit risk of the underlying borrower in relation to its TRUP. ​ Private Label Mortgage-Backed Security ​ The Bank owns one private label mortgage-backed security with a total carrying value of $2.1 million as of December 31, 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 in this section of the filing under Footnote 15 “Fair Value.” ​ The following table presents a rollforward of the Bank’s private label mortgage-backed security credit losses recognized in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 1,462 ​ $ 1,462 ​ $ 1,462 ​ Recovery of losses previously recorded ​ — ​ — ​ — ​ Balance, end of period ​ $ 1,462 ​ $ 1,462 ​ $ 1,462 ​ ​ Further deterioration in economic conditions could cause the Bank to record an additional impairment charge related to credit losses of up to $843,000, which is the current gross amortized cost of the Bank’s remaining private label mortgage-backed security. ​ ​ Rollforward of the Allowance for Credit Losses on Debt Securities ​ The tables below present a rollforward for 2022 and 2021 of the ACLS on AFS and HTM debt securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLS Rollforward ​ ​ ​ Years Ended December 31, ​ ​ ​ 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 ​ ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Held-to-Maturity Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ ​ 47 ​ ​ (37) ​ ​ — ​ ​ — ​ ​ 10 ​ ​ 178 ​ ​ (131) ​ ​ — ​ ​ — ​ ​ 47 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 47 ​ $ (37) ​ $ — ​ $ — ​ $ 10 ​ $ 178 ​ $ (131) ​ $ — ​ $ — ​ $ 47 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The Company decreased the ACLS on its HTM corporate bonds during 2022 based on improved PD and LGD estimates on these bonds. PD and LGD estimates for these bonds were elevated during 2020 due to pandemic-driven economic concerns. ​ There were no HTM debt securities in nonaccrual status or past due 90 days or more as of December 31, 2022 and 2021. All of the Company’s HTM corporate bonds were rated investment grade as of December 31, 2022 and 2021. ​ There were no HTM debt securities considered collateral dependent as of December 31, 2022 and 2021. ​ ​ Pledged Debt Securities ​ Debt securities pledged to secure public deposits, securities sold under agreements to repurchase, and securities held for other purposes, as required or permitted by law are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying amount ​ ​ $ 217,562 ​ $ 319,650 ​ Fair value ​ ​ 217,562 ​ 319,808 ​ ​ Equity Securities ​ During 2022, the Company sold an equity security for $2.2 million and realized a loss of $55,000. There were no material sales of equity securities in 2021 or 2020. The following tables present the carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair December 31, 2022 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 111 ​ $ — ​ $ 111 ​ Total equity securities with readily determinable fair values ​ $ — ​ $ 111 ​ $ — ​ $ 111 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ ​ Year Ended December 31, 2022 Year Ended December 31, 2021 ​ (in thousands) ​ Realized ​ Unrealized ​ Total ​ Realized ​ Unrealized ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ (59) ​ $ (59) ​ $ — ​ $ (390) ​ $ (390) ​ Community Reinvestment Act mutual fund ​ (204) ​ — ​ (204) ​ — ​ (73) ​ (73) ​ Total equity securities with readily determinable fair value ​ $ (204) ​ $ (59) ​ $ (263) ​ $ — ​ $ (463) ​ $ (463) ​ ​

LOANS HELD FOR SALE

LOANS HELD FOR SALE	12 Months Ended
	Dec. 31, 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 16 “Mortgage Banking Activities” of this section of the filing. ​ Consumer Loans Held for Sale, at Fair Value ​ The Bank offers 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ ​ $ 19,747 ​ $ 3,298 ​ $ 598 Origination of consumer loans held for sale ​ ​ 311,704 ​ 271,430 ​ 58,833 Proceeds from the sale of consumer loans held for sale ​ ​ (333,438) ​ (260,730) ​ (57,814) Net gain on sale of consumer loans held for sale ​ ​ 6,693 ​ 5,749 ​ 1,681 Balance, end of period ​ ​ $ 4,706 ​ $ 19,747 ​ $ 3,298 ​ Consumer Loans Held for Sale, at Lower of Cost or Fair Value ​ RCS originates for sale 90% of the balances from its line-of-credit product and a portion of its healthcare receivables product. Ordinary gains or losses on the sale of these RCS products are reported as a component of “Program fees.” ​ Activity for consumer loans held for sale and carried at the lower of cost or market value was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ ​ $ 2,937 ​ $ 1,478 ​ $ 11,646 Origination of consumer loans held for sale ​ ​ 734,011 ​ 610,750 ​ 460,040 Proceeds from the sale of consumer loans held for sale ​ ​ (730,363) ​ (614,840) ​ (473,507) Net gain on sale of consumer loans held for sale ​ ​ 6,584 ​ 5,549 ​ 3,299 Balance, end of period ​ ​ $ 13,169 ​ $ 2,937 ​ $ 1,478 ​

LOANS AND ALLOWANCE FOR CREDIT

LOANS AND ALLOWANCE FOR CREDIT LOSSES	12 Months Ended
	Dec. 31, 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ ​ $ 911,427 ​ $ 820,731 ​ Nonowner occupied ​ ​ 321,358 ​ 306,323 ​ Commercial real estate ​ ​ 1,599,510 ​ 1,456,009 ​ Construction & land development ​ ​ 153,875 ​ 129,337 ​ Commercial & industrial ​ ​ 408,407 ​ 340,363 ​ Paycheck Protection Program ​ ​ ​ 4,980 ​ ​ 56,014 ​ Lease financing receivables ​ ​ 10,505 ​ 8,637 ​ Aircraft ​ ​ ​ 179,785 ​ ​ 142,894 ​ Home equity ​ ​ 241,739 ​ 210,578 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ 15,473 ​ 14,510 ​ Overdrafts ​ ​ 726 ​ 683 ​ Automobile loans ​ ​ 6,731 ​ 14,448 ​ Other consumer ​ ​ 626 ​ 1,432 ​ Total Traditional Banking ​ ​ ​ 3,855,142 ​ ​ 3,501,959 ​ Warehouse lines of credit* ​ ​ 403,560 ​ 850,550 ​ Total Core Banking ​ ​ ​ 4,258,702 ​ ​ 4,352,509 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group*: ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ ​ 97,505 ​ — ​ Other TRS commercial & industrial loans ​ ​ ​ 51,767 ​ ​ 50,987 ​ Republic Credit Solutions ​ ​ 107,828 ​ 93,066 ​ Total Republic Processing Group ​ ​ ​ 257,100 ​ ​ 144,053 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total loans** ​ ​ 4,515,802 ​ 4,496,562 ​ Allowance for credit losses ​ ​ (70,413) ​ (64,577) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total loans, net ​ ​ $ 4,445,389 ​ $ 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 as of December 31, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Contractually receivable ​ ​ $ 4,519,136 ​ $ 4,498,671 ​ Unearned income ​ ​ (835) ​ (542) ​ Unamortized premiums ​ ​ 99 ​ 116 ​ Unaccreted discounts ​ ​ (479) ​ (641) ​ PPP net unamortized deferred origination (fees) and costs ​ ​ ​ (91) ​ ​ (1,203) ​ Other net unamortized deferred origination (fees) and costs ​ ​ (2,028) ​ 161 ​ Carrying value of loans ​ ​ $ 4,515,802 ​ $ 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 cash-flow needs during the COVID-19 pandemic. The Economic Aid Act was enacted in December 2020 and provided for a second round of PPP loans. PPP loans are fully backed by the SBA and may be entirely forgiven if the loan client uses loan funds for qualifying reasons. As of December 31, 2022, net PPP loans of $5 million remained on the Core Bank’s balance sheet with $91,000 of yet-to-be-earned PPP lender fees reported as a credit offset to these originated balances. To provide liquidity to banks administering the SBA’s PPP, the FRB created the PPPLF, a liquidity facility secured by the PPP loans of the participating banks. As of December 31, 2022, the Bank had ​ Credit Quality Indicators ​ Bank procedures for assessing and maintaining credit gradings are the same whether a new or renewed loan is being underwritten, or whether an existing loan is being re-evaluated for potential credit quality concerns. The latter usually occurs upon receipt of updated financial information, or other pertinent data, which triggers a review in the loan grade. Specific Bank procedures follow: ​ ● For new and renewed C&I, CRE and C&D loans, the Bank’s CCAD scores and assigns the credit quality grade to the loan. ​ ● Commercial loan officers are responsible for monitoring their respective loan portfolios and reporting any adverse material changes to senior management. When circumstances warrant a review and possible change in the credit quality grade, loan officers are required to notify the Bank’s CCAD or Special Asset division (under certain deteriorating circumstances). ​ ● The Special Asset area of the Bank monitors throughout the month the status of all past due loans and classified loans with the respective commercial officers. These meetings are designed to give loan officers an opportunity to identify other existing loans that should be downgraded as well. ​ ● Monthly, members of Executive Management along with managers of Commercial Lending, CCAD, Accounting, Special Assets and Retail Collections attend a Special Asset Committee meeting. The SAC reviews all loans for the Bank graded Special Mention or worse or loans potentially subject to downgrade into these classifications and discusses the relative trends and current status of these assets. In addition, the SAC reviews all classified and potentially classified residential real estate and home equity loans. SAC also reviews the actions taken by management regarding credit-quality grades, foreclosure mitigation, loan extensions, deferrals or forbearance, troubled debt restructurings, and collateral repossessions. Based on the information reviewed in this meeting, the SAC approves all specific loan loss allocations to be recognized by the Bank within the ACLL analysis. ​ ● All new and renewed warehouse lines of credit are approved by the Executive Loan Committee. The credit area of the Warehouse Lending division initially recommends the credit quality grade for warehouse facilities to ELC, of which ELC may approve or amend. The Bank’s internal loan review department is the final authority on a loan’s grade and reviews all approved loan grades, which they may approve or amend based on their independent review. Monthly, the CLO reviews warehouse lending activity including data associated with the underlying collateral to the warehouse facilities, i.e., the mortgage loans associated with the balances drawn. Key performance indicators monitored include average days outstanding for each draw, average FICO credit report score for the underlying collateral, average LTV for the underlying collateral and other factors deemed relevant. ​ On at least an annual basis, the Bank’s internal loan review department analyzes all individual loans with outstanding balances greater than $1 million that are internally classified as “Special Mention,” “ Substandard Doubtful ​ The Bank categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, public information, and current economic trends. The Bank also considers the fair value of the underlying collateral and the strength and willingness of the guarantor(s). The Bank analyzes loans individually, and based on this analysis, establishes a credit risk rating. The Bank uses the following definitions for risk ratings: ​ Risk Grade 1 — Excellent (Pass): ​ Risk Grade 2 — Good (Pass): or otherwise backed by the full faith and credit of the U.S. government or an agency thereof, such as the Small Business Administration; or loans to publicly held companies with current long-term debt ratings of Baa or better. ​ Risk Grade 3 — Satisfactory (Pass): ​ Risk Grade 4 — Satisfactory/Monitored (Pass): ​ Risk Grade 5 — Special Mention: ​ Purchased with Credit Deterioration Loans — Group 1: ​ Purchased with Credit Deterioration Loans — Substandard: ​ Risk Grade 6 — Substandard: ​ ● Loans that possess a defined credit weakness. The likelihood that a loan will be paid from the primary source of repayment is uncertain. Financial deterioration is under way and very close attention is warranted to ensure that the loan is collected without loss. ● Loans are inadequately protected by the current net worth and paying capacity of the obligor. ● The primary source of repayment is gone, and the Bank is forced to rely on a secondary source of repayment, such as collateral liquidation or guarantees. ● Loans have a distinct possibility that the Bank will sustain some loss if deficiencies are not corrected. ● Unusual courses of action are needed to maintain a high probability of repayment. ● The borrower is not generating enough cash flow to repay loan principal; however, it continues to make interest payments. ● The Bank is forced into a subordinated or unsecured position due to flaws in documentation. ● The Bank is seriously contemplating foreclosure or legal action due to the apparent deterioration in the loan. ● There is significant deterioration in market conditions to which the borrower is highly vulnerable. ​ ​ Risk Grade 7 — Doubtful: ​ ● Loans have all of the weaknesses of those classified as Substandard. However, based on existing conditions, these weaknesses make full collection of principal highly improbable. ● The primary source of repayment is gone, and there is considerable doubt as to the quality of the secondary source of repayment. ● The possibility of loss is high but because of certain important pending factors, which may strengthen the loan, loss classification is deferred until the exact status of repayment is known. ​ Risk Grade 8 — Loss: ​ For all real estate and consumer loans, including small-dollar RPG loans, which do not meet the scope above, the Bank uses a grading system based on delinquency and nonaccrual status. Loans that are 80 days or more past due or on nonaccrual are graded Substandard. Occasionally, a real estate loan below scope may be graded as “Special Mention” or “Substandard” if the loan is cross collateralized with a classified C&I or CRE loan. ​ Purchased loans are accounted for as any other Bank-originated loan, potentially becoming nonaccrual, as well as being risk rated under the Bank’s standard practices and procedures. In addition, these loans are considered in the determination of the ACLL once day-one fair values are final. ​ Management separately monitors PCD, formerly PCI, loans and no less than quarterly reviews them against the factors and assumptions used in determining day-one fair values. In addition to its quarterly evaluation, a PCD loan is typically reviewed when it is modified or extended, or when information becomes available to the Bank that provides additional insight regarding the loan’s performance, the status of the borrower, or the quality or value of the underlying collateral. ​ If a troubled debt restructuring is performed on a PCD loan, the loan is transferred out of the PCD population. The loan may require an additional Provision if its restructured cash flows are less than management’s initial day-one expectations. PCD loans for which the Bank simply chooses to extend the maturity date are generally not considered TDRs and remain in the PCD population. ​ ​ The following tables include loans by segment, risk category, and, for non-revolving loans, origination year. Regarding origination year, loan extensions and renewals are generally considered originated in the year extended or renewed unless the loan is classified as ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year ​ Amortized ​ Converted ​ ​ ​ As of December 31, 2022 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate owner occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 231,638 ​ $ 189,495 ​ $ 188,004 ​ $ 71,306 ​ $ 208,296 ​ $ — ​ $ — ​ $ 888,739 Special Mention ​ ​ — ​ ​ 160 ​ ​ — ​ ​ — ​ ​ 7,240 ​ ​ — ​ ​ — ​ ​ 7,400 Substandard ​ ​ 1,230 ​ ​ 1,103 ​ ​ 1,501 ​ ​ 1,460 ​ ​ 9,994 ​ ​ — ​ ​ — ​ ​ 15,288 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 232,868 ​ $ 190,758 ​ $ 189,505 ​ $ 72,766 ​ $ 225,530 ​ $ — ​ $ — ​ $ 911,427 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate nonowner occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 78,337 ​ $ 91,778 ​ $ 55,058 ​ $ 32,803 ​ $ 57,053 ​ $ — ​ $ 6,147 ​ $ 321,176 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 32 ​ ​ — ​ ​ — ​ ​ 32 Substandard ​ ​ — ​ ​ 30 ​ ​ — ​ ​ — ​ ​ 120 ​ ​ — ​ ​ — ​ ​ 150 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 78,337 ​ $ 91,808 ​ $ 55,058 ​ $ 32,803 ​ $ 57,205 ​ $ — ​ $ 6,147 ​ $ 321,358 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 451,327 ​ $ 394,317 ​ $ 210,055 ​ $ 117,928 ​ $ 253,213 ​ $ 25,499 ​ $ 99,791 ​ $ 1,552,130 Special Mention ​ ​ 3,124 ​ ​ 11,870 ​ ​ — ​ ​ 21,296 ​ ​ 9,967 ​ ​ 318 ​ ​ — ​ ​ 46,575 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 805 ​ ​ — ​ ​ — ​ ​ 805 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 454,451 ​ $ 406,187 ​ $ 210,055 ​ $ 139,224 ​ $ 263,985 ​ $ 25,817 ​ $ 99,791 ​ $ 1,599,510 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction and land development: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 107,153 ​ $ 43,289 ​ $ 638 ​ $ 641 ​ $ 373 ​ $ 1,781 ​ $ — ​ $ 153,875 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 107,153 ​ $ 43,289 ​ $ 638 ​ $ 641 ​ $ 373 ​ $ 1,781 ​ $ — ​ $ 153,875 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 116,483 ​ $ 78,224 ​ $ 17,171 ​ $ 36,254 ​ $ 36,367 ​ $ 103,257 ​ $ 4,865 ​ $ 392,621 Special Mention ​ ​ 536 ​ ​ 13,239 ​ ​ — ​ ​ — ​ ​ 1,756 ​ ​ 255 ​ ​ — ​ ​ 15,786 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 117,019 ​ $ 91,463 ​ $ 17,171 ​ $ 36,254 ​ $ 38,123 ​ $ 103,512 ​ $ 4,865 ​ $ 408,407 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Paycheck Protection Program: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ 4,207 ​ $ 773 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 4,980 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ 4,207 ​ $ 773 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 4,980 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease financing receivables: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 5,469 ​ $ 1,964 ​ $ 542 ​ $ 1,548 ​ $ 982 ​ $ — ​ $ — ​ $ 10,505 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 5,469 ​ $ 1,964 ​ $ 542 ​ $ 1,548 ​ $ 982 ​ $ — ​ $ — ​ $ 10,505 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aircraft: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 65,399 ​ $ 54,749 ​ $ 35,085 ​ $ 16,888 ​ $ 7,454 ​ $ — ​ $ — ​ $ 179,575 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 210 ​ ​ — ​ ​ — ​ ​ 210 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 65,399 ​ $ 54,749 ​ $ 35,085 ​ $ 16,888 ​ $ 7,664 ​ $ — ​ $ — ​ $ 179,785 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 240,704 ​ $ — ​ $ 240,704 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 171 ​ ​ — ​ ​ 171 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 864 ​ ​ — ​ ​ 864 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 241,739 ​ $ — ​ $ 241,739 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year (Continued) ​ Amortized ​ Converted ​ ​ ​ ​ As of December 31, 2022 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 415 ​ $ 499 ​ $ 168 ​ $ 2,531 ​ $ 4,328 ​ $ 15,573 ​ $ — ​ $ 23,514 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ 9 ​ ​ 33 ​ ​ — ​ ​ — ​ ​ 42 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 415 ​ $ 499 ​ $ 168 ​ $ 2,540 ​ $ 4,361 ​ $ 15,573 ​ $ — ​ $ 23,556 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Warehouse: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 403,560 ​ $ — ​ $ 403,560 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 403,560 ​ $ — ​ $ 403,560 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TRS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 149,272 ​ $ — ​ $ 149,272 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 149,272 ​ $ — ​ $ 149,272 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RCS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 22,357 ​ $ 2,273 ​ $ 1,264 ​ $ 602 ​ $ 29,594 ​ $ 50,589 ​ $ — ​ $ 106,679 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,149 ​ ​ — ​ ​ 1,149 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 22,357 ​ $ 2,273 ​ $ 1,264 ​ $ 602 ​ $ 29,594 ​ $ 51,738 ​ $ — ​ $ 107,828 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grand Total: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 1,078,578 ​ $ 860,795 ​ $ 508,758 ​ $ 280,501 ​ $ 597,660 ​ $ 990,235 ​ $ 110,803 ​ $ 4,427,330 ​ Special Mention ​ ​ 3,660 ​ ​ 25,269 ​ ​ — ​ ​ 21,296 ​ ​ 18,995 ​ ​ 744 ​ ​ — ​ ​ 69,964 ​ Substandard ​ ​ 1,230 ​ ​ 1,133 ​ ​ 1,501 ​ ​ 1,469 ​ ​ 11,162 ​ ​ 2,013 ​ ​ — ​ ​ 18,508 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Grand Total ​ $ 1,083,468 ​ $ 887,197 ​ $ 510,259 ​ $ 303,266 ​ $ 627,817 ​ $ 992,992 ​ $ 110,803 ​ $ 4,515,802 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ Subprime Lending ​ Both the Traditional Banking segment and the RCS segment of the Company have certain classes of loans that are considered to be “subprime” strictly due to the credit score of the borrower at the time of origination. ​ Traditional Bank loans considered subprime totaled approximately $49 million and $48 million as of December 31, 2022 and 2021. Approximately $30 million and $28 million of the outstanding Traditional Bank subprime loan portfolio as of December 31, 2022 and 2021 were originated for CRA purposes. Management does not consider these loans to possess significantly higher credit risk due to other underwriting qualifications. ​ The RCS segment originates two short-term line-of-credit products, with the second product introduced in January 2021. The Bank sells 90% or 95% of the balances maintained through these products within three ​ Allowance for Credit Losses ​ The following tables present the activity in the ACLL by portfolio class for the years ended December 31, 2022, 2021, and 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Rollforward ​ ​ ​ Years Ended December 31, ​ ​ ​ 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 ​ $ 181 ​ $ (21) ​ $ 102 ​ $ 8,909 ​ $ 9,715 ​ ​ $ (1,461) ​ $ — ​ $ 393 ​ $ 8,647 Nonowner occupied ​ ​ ​ 2,700 ​ ​ 129 ​ ​ — ​ ​ 2 ​ ​ 2,831 ​ ​ 2,466 ​ ​ ​ 231 ​ ​ — ​ ​ 3 ​ ​ 2,700 Commercial real estate ​ ​ ​ 23,769 ​ ​ (308) ​ ​ (9) ​ ​ 287 ​ ​ 23,739 ​ ​ 23,606 ​ ​ ​ 509 ​ ​ (428) ​ ​ 82 ​ ​ 23,769 Construction & land development ​ ​ ​ 4,128 ​ ​ (5) ​ ​ — ​ ​ — ​ ​ 4,123 ​ ​ 3,274 ​ ​ ​ 854 ​ ​ — ​ ​ — ​ ​ 4,128 Commercial & industrial ​ ​ ​ 3,487 ​ ​ 218 ​ ​ — ​ ​ 271 ​ ​ 3,976 ​ ​ 2,797 ​ ​ ​ 700 ​ ​ (86) ​ ​ 76 ​ ​ 3,487 Paycheck Protection Program ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — Lease financing receivables ​ ​ ​ 91 ​ ​ 19 ​ ​ — ​ ​ — ​ ​ 110 ​ ​ 106 ​ ​ ​ (15) ​ ​ — ​ ​ — ​ ​ 91 Aircraft ​ ​ ​ 357 ​ ​ 92 ​ ​ — ​ ​ — ​ ​ 449 ​ ​ 253 ​ ​ ​ 104 ​ ​ — ​ ​ — ​ ​ 357 Home equity ​ ​ ​ 4,111 ​ ​ 396 ​ ​ — ​ ​ 121 ​ ​ 4,628 ​ ​ 4,990 ​ ​ ​ (874) ​ ​ (51) ​ ​ 46 ​ ​ 4,111 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 934 ​ ​ 140 ​ ​ (155) ​ ​ 77 ​ ​ 996 ​ ​ 929 ​ ​ ​ 107 ​ ​ (163) ​ ​ 61 ​ ​ 934 Overdrafts ​ ​ ​ 683 ​ ​ 866 ​ ​ (1,038) ​ ​ 215 ​ ​ 726 ​ ​ 587 ​ ​ ​ 425 ​ ​ (641) ​ ​ 312 ​ ​ 683 Automobile loans ​ ​ ​ 186 ​ ​ (111) ​ ​ (3) ​ ​ 15 ​ ​ 87 ​ ​ 399 ​ ​ ​ (233) ​ ​ (19) ​ ​ 39 ​ ​ 186 Other consumer ​ ​ ​ 314 ​ ​ (151) ​ ​ (94) ​ ​ 66 ​ ​ 135 ​ ​ 577 ​ ​ ​ (254) ​ ​ (72) ​ ​ 63 ​ ​ 314 Total Traditional Banking ​ ​ ​ 49,407 ​ ​ 1,466 ​ ​ (1,320) ​ ​ 1,156 ​ ​ 50,709 ​ ​ 49,699 ​ ​ ​ 93 ​ ​ (1,460) ​ ​ 1,075 ​ ​ 49,407 Warehouse lines of credit ​ ​ ​ 2,126 ​ ​ (1,117) ​ ​ — ​ ​ — ​ ​ 1,009 ​ ​ 2,407 ​ ​ ​ (281) ​ ​ — ​ ​ — ​ ​ 2,126 Total Core Banking ​ ​ ​ 51,533 ​ ​ 349 ​ ​ (1,320) ​ ​ 1,156 ​ ​ 51,718 ​ ​ 52,106 ​ ​ ​ (188) ​ ​ (1,460) ​ ​ 1,075 ​ ​ 51,533 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ ​ — ​ ​ 10,471 ​ ​ (11,505) ​ ​ 4,831 ​ ​ 3,797 ​ ​ — ​ ​ ​ 6,723 ​ ​ (10,256) ​ ​ 3,533 ​ ​ — Other TRS commercial & industrial loans ​ ​ ​ 96 ​ ​ (516) ​ ​ (154) ​ ​ 665 ​ ​ 91 ​ ​ 158 ​ ​ ​ (40) ​ ​ (51) ​ ​ 29 ​ ​ 96 Republic Credit Solutions ​ ​ ​ 12,948 ​ ​ 12,081 ​ ​ (11,390) ​ ​ 1,168 ​ ​ 14,807 ​ ​ 8,803 ​ ​ ​ 8,444 ​ ​ (4,707) ​ ​ 408 ​ ​ 12,948 Total Republic Processing Group ​ ​ ​ 13,044 ​ ​ 22,036 ​ ​ (23,049) ​ ​ 6,664 ​ ​ 18,695 ​ ​ 8,961 ​ ​ ​ 15,127 ​ ​ (15,014) ​ ​ 3,970 ​ ​ 13,044 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 64,577 ​ $ 22,385 ​ $ (24,369) ​ $ 7,820 ​ $ 70,413 ​ $ 61,067 ​ ​ $ 14,939 ​ $ (16,474) ​ $ 5,045 ​ $ 64,577 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Rollforward ​ ​ ​ Year Ended December 31, 2020 ​ ​ ​ Beginning ​ ASC 326 ​ Provision ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ for Credit Loss ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ ​ $ 4,729 ​ $ 4,199 ​ $ 785 ​ $ (169) ​ $ 171 ​ $ 9,715 Nonowner occupied ​ ​ ​ 1,737 ​ ​ 148 ​ ​ 570 ​ ​ — ​ ​ 11 ​ ​ 2,466 Commercial real estate ​ ​ ​ 10,486 ​ ​ 273 ​ ​ 13,170 ​ ​ (795) ​ ​ 472

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2022
PREMISES AND EQUIPMENT
PREMISES AND EQUIPMENT	5. PREMISES AND EQUIPMENT ​ A summary of the cost and accumulated depreciation of premises and equipment follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ Land ​ $ 3,818 ​ $ 3,818 ​ Buildings and improvements ​ 32,780 ​ 32,629 ​ Furniture, fixtures and equipment ​ 51,652 ​ 51,429 ​ Leasehold improvements ​ 21,755 ​ 22,430 ​ Construction in progress ​ 547 ​ — ​ Total premises and equipment ​ 110,552 ​ 110,306 ​ Less: Accumulated depreciation and amortization ​ 78,574 ​ 74,233 ​ Premises and equipment, net ​ $ 31,978 ​ $ 36,073 ​ ​ Depreciation expense related to premises and equipment follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Depreciation expense ​ $ 7,598 ​ $ 8,986 ​ $ 9,725 ​ ​

RIGHT-OF-USE ASSETS AND OPERATI

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	12 Months Ended
	Dec. 31, 2022
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	​ 6. 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 December 31, 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 December 31, 2022, payments on ​ The Company recorded two new third-party office leases, renewed one of its existing related-party leases, and extended six of its third-party leases during the first nine months of 2022, with a related total right-of-use asset value of $6 million connected to this 2022 activity. ​ The Company executed no new operating leases during 2021. The Company renewed a related-party lease on . During the second quarter of 2021, the Company extended . During the fourth quarter of 2021, the Company recorded ​ The following table presents information concerning the Company’s operating lease expense recorded as a noninterest expense within the category “Occupancy and equipment, net” for years ended December 31, 2022, 2021, and 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 ​ ​ 2021 ​ 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Related Party: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable lease expense ​ ​ $ 4,831 ​ $ 4,921 ​ $ 4,885 Fixed lease expense ​ ​ 207 ​ ​ ​ 137 ​ ​ 91 Third Party: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable lease expense ​ ​ ​ 1,001 ​ ​ ​ 787 ​ ​ 786 Fixed lease expense ​ ​ ​ 1,526 ​ ​ ​ 1,372 ​ ​ 1,617 Total operating lease expense ​ ​ $ 7,565 ​ $ 7,217 ​ $ 7,379 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other information concerning operating leases: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash paid for amounts included in the measurement of operating lease liabilities ​ ​ $ 6,847 ​ ​ $ 7,286 ​ $ 7,254 Cash paid for variable rent payments not included in measurement of operating lease liabilities ​ ​ ​ 603 ​ ​ ​ — ​ ​ ​ 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 December 31, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (dollars in thousands) 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average remaining term in years ​ ​ 8.44 ​ ​ 7.57 ​ Weighted average discount rate ​ 2.10 % 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 December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year (in thousands) Related Party Third Party Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 $ 4,050 $ 2,522 $ 6,572 ​ 2024 ​ 3,726 ​ 2,144 ​ 5,870 ​ 2025 ​ 3,570 ​ 1,609 ​ 5,179 ​ 2026 ​ 3,640 ​ 1,310 ​ 4,950 ​ 2027 ​ 3,680 ​ 987 ​ 4,667 ​ Thereafter ​ 11,751 ​ 3,601 ​ 15,352 ​ Total undiscounted cash flows ​ $ 30,417 ​ $ 12,173 ​ $ 42,590 ​ Discount applied to cash flows ​ ​ (3,258) ​ ​ (1,523) ​ ​ (4,781) ​ Total discounted cash flows reported as operating lease liabilities ​ $ 27,159 ​ $ 10,650 ​ $ 37,809 ​ ​

GOODWILL AND CORE DEPOSIT INTAN

GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2022
GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS
GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS	7. GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS ​ A progression of the balance for goodwill follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning of period ​ $ 16,300 ​ $ 16,300 ​ $ 16,300 Acquired goodwill ​ — ​ — ​ — Impairment ​ — ​ — ​ — End of period ​ $ 16,300 ​ $ 16,300 ​ $ 16,300 ​ The goodwill balance relates entirely to the Company’s Traditional Banking segment and Core Banking operations. ​ Impairment exists when a reporting unit’s carrying value of goodwill exceeds its fair value. As of December 31, 2022 and 2021, the Company’s Core Banking reporting unit had positive equity and the Company elected to perform a qualitative assessment to determine if it was more-likely-than-not that the fair value of the reporting unit exceeded its carrying value, including goodwill. The qualitative assessment indicated that it was not more-likely-than-not that the carrying value of the reporting unit exceeded its fair value.

INTEREST RATE SWAPS

INTEREST RATE SWAPS	12 Months Ended
	Dec. 31, 2022
INTEREST RATE SWAPS
INTEREST RATE SWAPS	8. 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 counter party or client owes the Bank, and results in credit risk to the Bank. When the fair value of a derivative instrument contract is negative, the Bank owes the client or counterparty and has no credit risk. ​ A summary of the Bank’s interest rate swaps related to clients as of December 31, 2022 and 2021 is included in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ ​ ​ ​ Notional ​ ​ ​ ​ Notional ​ ​ ​ December 31, (in thousands) Bank Position ​ Amount Fair Value Amount Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swaps with Bank clients - Assets Pay variable/receive fixed ​ $ 40,032 $ 1,386 $ 107,502 $ 5,786 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed ​ ​ 91,636 ​ ​ (6,742) ​ ​ 16,423 ​ ​ (298) Interest rate swaps with Bank clients - Total Pay variable/receive fixed ​ $ 131,668 $ (5,356) ​ $ 123,925 $ 5,488 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Offsetting interest rate swaps with institutional swap dealer - Assets ​ Pay fixed/receive variable ​ ​ ​ 91,636 ​ ​ 6,742 ​ ​ 16,423 ​ ​ 298 Offsetting interest rate swaps with institutional swap dealer - Liabilities ​ Pay fixed/receive variable ​ ​ ​ 40,032 ​ ​ (1,386) ​ ​ 107,502 ​ ​ (5,786) Offsetting interest rate swaps with institutional swap dealer - Total ​ Pay fixed/receive variable ​ ​ $ 131,668 $ 5,356 ​ $ 123,925 $ (5,488) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ ​ $ 263,336 $ — $ 247,850 $ — ​ The Bank is required to pledge securities or cash 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 $560,000 and $6.8 million as of December 31, 2022 and 2021.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2022
DEPOSITS
DEPOSITS	9. DEPOSITS ​ The composition of the deposit portfolio follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Core Bank: ​ ​ ​ ​ ​ ​ ​ ​ Demand ​ ​ $ 1,336,082 ​ $ 1,381,522 ​ Money market accounts ​ ​ 707,272 ​ 789,876 ​ Savings ​ ​ 323,015 ​ 311,624 ​ Reciprocal money market ​ ​ 28,635 ​ 60,685 ​ Individual retirement accounts (1) ​ ​ 38,640 ​ 43,724 ​ Time deposits, $250 and over (1) ​ ​ 54,855 ​ 81,050 ​ Other certificates of deposit (1) ​ ​ 129,324 ​ 154,174 ​ Reciprocal time deposits (1) ​ ​ 7,405 ​ 17,265 ​ Total Core Bank interest-bearing deposits ​ ​ 2,625,228 ​ 2,839,920 ​ Total Core Bank noninterest-bearing deposits ​ ​ ​ 1,464,493 ​ ​ 1,579,171 ​ Total Core Bank deposits ​ ​ ​ 4,089,721 ​ ​ 4,419,091 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ Money market accounts ​ ​ ​ 3,849 ​ ​ 9,717 ​ Total RPG interest-bearing deposits ​ ​ ​ 3,849 ​ ​ 9,717 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Brokered prepaid card deposits ​ ​ ​ 328,655 ​ ​ 320,907 ​ Other noninterest-bearing deposits ​ ​ ​ 115,620 ​ ​ 89,601 ​ Total RPG noninterest-bearing deposits ​ ​ ​ 444,275 ​ ​ 410,508 ​ Total RPG deposits ​ ​ ​ 448,124 ​ ​ 420,225 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total deposits ​ ​ $ 4,537,845 ​ $ 4,839,316 ​ (1) Represents time deposits. ​ As of December 31, 2022, the scheduled maturities and weighted average rate of all time deposits, including brokered and reciprocal certificates of deposit, were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Average Years (dollars in thousands) ​ Principal ​ Rate ​ ​ ​ ​ ​ ​ ​ 2023 ​ $ 173,120 1.40 % 2024 ​ 27,226 1.42 ​ 2025 ​ 16,815 1.45 ​ 2026 ​ 3,611 0.29 ​ 2027 ​ 8,589 1.45 ​ Thereafter ​ 128 1.98 ​ Total ​ $ 229,489 1.39 ​ ​

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	12 Months Ended
	Dec. 31, 2022
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	10. SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE ​ Securities sold under agreements to repurchase consist of short-term excess funds from correspondent banks, repurchase agreements and overnight liabilities to deposit clients arising from the Bank’s treasury management program. While comparable to deposits in their transactional nature, these overnight liabilities to clients are in the form of repurchase agreements. Repurchase agreements collateralized by securities are treated as financings; accordingly, the securities involved with the agreements are recorded as assets and are held by a safekeeping agent and the obligations to repurchase the securities are reflected as liabilities. Should the fair value of currently pledged securities fall below the associated repurchase agreements, the Bank would be required to pledge additional securities. To mitigate the risk of under collateralization, the Bank typically pledges at least two percent more in securities than the associated repurchase agreements. All such securities are under the Bank’s control. ​ As of December 31, 2022 and 2021, all securities sold under agreements to repurchase had overnight maturities. Additional information regarding securities sold under agreements to repurchase follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (dollars in thousands) ​ ​ 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding balance at end of period ​ ​ ​ $ 216,956 ​ $ 290,967 ​ Weighted average interest rate at end of period ​ ​ ​ 0.41 % 0.04 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of securities pledged: ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ ​ ​ $ 254,296 ​ $ 108,813 ​ Mortgage-backed securities - residential ​ ​ ​ ​ — ​ ​ 167,561 ​ Collateralized mortgage obligations ​ ​ ​ ​ — ​ ​ 33,441 ​ Total securities pledged ​ ​ ​ $ 254,296 ​ $ 309,815 ​ ​ Additional information regarding securities sold under agreements to repurchase for the years ended December 31, 2022, 2021, and 2020 follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period ​ ​ $ 265,188 ​ $ 231,430 ​ $ 204,797 ​ Average interest rate during the period ​ ​ ​ 0.15 % ​ 0.03 % 0.09 % Maximum outstanding at any month end during the period ​ ​ $ 303,315 ​ $ 432,047 ​ $ 295,698 ​ ​

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	12 Months Ended
	Dec. 31, 2022
FEDERAL HOME LOAN BANK ADVANCES
FEDERAL HOME LOAN BANK ADVANCES	11. FEDERAL HOME LOAN BANK ADVANCES ​ As of December 31, 2022 and 2021, FHLB advances were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Overnight advances ​ ​ $ 75,000 ​ $ 25,000 ​ Fixed interest rate advances ​ ​ 20,000 ​ — ​ Total FHLB advances ​ ​ $ 95,000 ​ $ 25,000 ​ ​ The Company incurred $2.1 million early termination penalties on the payoff of $60 million in FHLB advances during 2020, with no similar penalty incurred in 2022 or 2021. ​ FHLB advances are collateralized by a blanket pledge of eligible real estate loans. As of December 31, 2022 and 2021, Republic had available borrowing capacity of $899 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 December 31, 2022 and 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 ​ ​ ​ ​ ​ ​ ​ 2023 $ 75,000 4.36 % 2024 ​ — ​ — ​ 2025 ​ — — ​ 2026 ​ — — ​ 2027 ​ ​ 20,000 1.89 ​ Total ​ $ 95,000 3.84 % ​ Information regarding overnight FHLB advances follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (dollars in thousands) 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding balance at end of period $ 75,000 ​ $ 25,000 ​ ​ Weighted average interest rate at end of period ​ ​ 4.36 % ​ ​ 0.14 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (dollars in thousands) 2022 ​ 2021 ​ 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period $ 4,630 ​ $ 28,767 ​ $ 25,546 ​ Average interest rate during the period ​ ​ 0.53 % ​ ​ 0.15 % ​ ​ 0.81 % Maximum outstanding at any month end during the period $ 75,000 ​ $ 25,000 ​ $ 250,000 ​ ​ The following table illustrates real estate loans pledged to collateralize advances and letters of credit with the FHLB: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ First lien, single family residential real estate ​ $ 1,106,287 ​ $ 1,041,461 ​ Home equity lines of credit ​ 219,644 ​ 186,396 ​ ​

SUBORDINATED NOTE

SUBORDINATED NOTE	12 Months Ended
	Dec. 31, 2022
SUBORDINATED NOTE
SUBORDINATED NOTE	12. SUBORDINATED NOTE ​ In 2005, Republic Bancorp Capital Trust, an unconsolidated trust subsidiary of Republic, was formed and issued $40 million in TPS. The sole asset of RBCT represented the proceeds of the offering loaned to Republic in exchange for a subordinated note with similar terms to the TPS. On September 30, 2021, as permitted under the terms of RBCT’s governing documents, Republic repaid the subordinated note and redeemed the TPS at par without penalty.

OFF BALANCE SHEET RISKS, COMMIT

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	12 Months Ended
	Dec. 31, 2022
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	13. OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES ​ 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 year ended: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Unused warehouse lines of credit ​ ​ $ 733,940 ​ $ 565,950 ​ Unused home equity lines of credit ​ ​ 410,057 ​ 348,681 ​ Unused loan commitments - other ​ ​ 951,021 ​ 828,229 ​ Standby letters of credit ​ ​ 9,735 ​ 11,305 ​ FHLB letter of credit ​ ​ 643 ​ 643 ​ Total commitments ​ ​ $ 2,105,396 ​ $ 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 years ended December 31, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLC Rollforward ​ ​ ​ Years Ended December 31, ​ ​ ​ 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 ​ $ 36 ​ $ — ​ $ — ​ $ 190 ​ $ 79 ​ $ 75 ​ $ — ​ $ — ​ $ 154 Unused home equity lines of credit ​ ​ ​ 247 ​ ​ 85 ​ ​ — ​ ​ — ​ ​ 332 ​ ​ 173 ​ ​ 74 ​ ​ — ​ ​ — ​ ​ 247 Unused loan commitments - other ​ ​ ​ 651 ​ ​ 77 ​ ​ — ​ ​ — ​ ​ 728 ​ ​ 737 ​ ​ (86) ​ ​ — ​ ​ — ​ ​ 651 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 1,052 ​ $ 198 ​ $ — ​ $ — ​ $ 1,250 ​ $ 989 ​ $ 63 ​ $ — ​ $ — ​ $ 1,052 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The Company increased its ACLC during 2022 primarily due to a $192 million increase in unused commitments.

STOCKHOLDERS' EQUITY AND REGULA

STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL MATTERS	12 Months Ended
	Dec. 31, 2022
STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL MATTERS
STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL MATTERS	14. STOCKHOLDERS’ EQUITY AND REGULATORY CAPITAL MATTERS ​ Common Stock — ​ Dividend Restrictions ​ Regulatory Capital Requirements ​ Prompt corrective action regulations provide five classifications: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If adequately capitalized, regulatory approval is required to accept brokered deposits. If undercapitalized, capital distributions are limited, as is asset growth and expansion, and capital restoration plans are required. As of December 31, 2022 and 2021, the most recent regulatory notifications categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the institution’s category. ​ For prompt corrective action, the regulations in accordance with Basel III define “well capitalized” as a 10.0% Total Risk-Based Capital ratio, a 6.5% Common Equity Tier 1 Risk-Based Capital ratio, an 8.0% Tier 1 Risk-Based Capital ratio, and a 5.0% Tier 1 Leverage ratio. Additionally, in order to avoid limitations on capital distributions, including dividend payments and certain discretionary bonus payments to executive officers, the Company and Bank must hold a capital conservation buffer of 2.5% composed of Common Equity Tier 1 Risk-Based Capital above their minimum risk-based capital requirements. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum Requirement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ to be Well Capitalized ​ ​ ​ ​ ​ ​ ​ Minimum Requirement ​ Under Prompt ​ ​ ​ ​ ​ ​ ​ for Capital Adequacy ​ Corrective Action ​ ​ Actual ​ Purposes ​ Provisions (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ $ 941,865 17.92 % $ 420,514 8.00 % ​ NA NA ​ Republic Bank & Trust Company ​ 904,592 17.23 ​ 420,040 8.00 ​ $ 525,050 10.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Common equity tier 1 capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 877,735 16.70 ​ 236,539 4.50 ​ NA NA ​ Republic Bank & Trust Company ​ 840,462 16.01 ​ 236,273 4.50 ​ 341,283 6.50 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tier 1 (core) capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 877,735 16.70 ​ 315,386 6.00 ​ NA NA ​ Republic Bank & Trust Company ​ 840,462 16.01 ​ 315,030 6.00 ​ 420,040 8.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tier 1 leverage capital to average assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 877,735 14.81 ​ 237,106 4.00 ​ NA NA ​ Republic Bank & Trust Company ​ 840,462 14.09 ​ 238,578 4.00 ​ 298,222 5.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum Requirement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ to be Well Capitalized ​ ​ ​ ​ ​ ​ ​ Minimum Requirement ​ Under Prompt ​ ​ ​ ​ ​ ​ ​ for Capital Adequacy ​ Corrective Action ​ ​ Actual ​ Purposes ​ Provisions (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ $ 879,310 17.48 % $ 402,327 8.00 % ​ NA NA ​ Republic Bank & Trust Company ​ 862,637 17.16 ​ 402,166 8.00 ​ $ 502,707 10.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Common equity tier 1 capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 824,326 16.39 ​ 226,309 4.50 ​ NA NA ​ Republic Bank & Trust Company ​ 807,653 16.07 ​ 226,218 4.50 ​ 326,760 6.50 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tier 1 (core) capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 824,326 16.39 ​ 301,745 6.00 ​ NA NA ​ Republic Bank & Trust Company ​ 807,653 16.07 ​ 301,624 6.00 ​ 402,166 8.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tier 1 leverage capital to average assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 824,326 13.36 ​ 246,751 4.00 ​ NA NA ​ Republic Bank & Trust Company ​ 807,653 13.11 ​ 246,334 4.00 ​ 307,917 5.00 ​ ​

FAIR VALUE

FAIR VALUE	12 Months Ended
	Dec. 31, 2022
FAIR VALUE
FAIR VALUE	15. 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. ​ The Company acquired its TRUP investment in 2015 and considered the most recent bid price for the same instrument to approximate market value as of December 31, 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: ​ Consumer loans held for investment, at fair value: ​ ​ Mortgage Banking derivatives ​ Interest rate swap agreements: ​ Collateral-dependent loans: ​ Other real estate owned: ​ Appraisals for collateral-dependent loans, impaired premises and other real estate owned are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Bank. Once the appraisal is received, a member of the Bank’s CCAD reviews the assumptions and approaches utilized in the appraisal, as well as the overall resulting fair value in comparison with independent data sources, such as recent market data or industry-wide statistics. On at least an annual basis, the Bank performs a back test of collateral appraisals by comparing actual selling prices on recent collateral sales to the most recent appraisal of such collateral. Back tests are performed for each collateral class, e.g., residential real estate or commercial real estate, and may lead to additional adjustments to the value of unliquidated collateral of similar class. ​ Mortgage servicing rights: ​ Assets and liabilities measured at fair value on a recurring basis ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 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 ​ $ 193,385 ​ $ 217,756 ​ $ — ​ $ 411,141 ​ Private label mortgage-backed security ​ — ​ — ​ 2,127 ​ 2,127 ​ Mortgage-backed securities - residential ​ — ​ 171,873 ​ — ​ 171,873 ​ Collateralized mortgage obligations ​ — ​ 21,368 ​ — ​ 21,368 ​ Corporate bonds ​ ​ — ​ ​ 10,001 ​ ​ — ​ ​ 10,001 ​ Trust preferred security ​ — ​ — ​ 3,855 ​ 3,855 ​ Total available-for-sale debt securities ​ $ 193,385 ​ $ 420,998 ​ $ 5,982 ​ $ 620,365 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities with readily determinable fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 111 ​ $ — ​ $ 111 ​ Total equity securities with readily determinable fair value ​ $ — ​ $ 111 ​ $ — ​ $ 111 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale ​ $ — ​ $ 1,302 ​ $ — ​ $ 1,302 ​ Consumer loans held for sale ​ ​ — ​ ​ — ​ ​ 4,706 ​ ​ 4,706 ​ Consumer loans held for investment ​ ​ — ​ ​ — ​ ​ 2 ​ ​ 2 ​ Rate lock loan commitments ​ — ​ 2 ​ — ​ 2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Interest rate swap agreements ​ ​ — ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock loan commitments ​ $ — ​ $ — ​ $ — ​ $ — ​ Mandatory forward contracts ​ ​ — ​ ​ 67 ​ ​ — ​ ​ 67 ​ Interest rate swap agreements ​ ​ — ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 years ended December 31, 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): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 2,731 ​ $ 2,957 ​ $ 3,495 ​ Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in unrealized gain ​ (29) ​ 63 ​ (35) ​ Principal paydowns ​ (575) ​ (289) ​ (503) ​ Balance, end of period ​ $ 2,127 ​ $ 2,731 ​ $ 2,957 ​ ​ 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. The following tables present quantitative information about recurring Level 3 fair value measurements as of December 31, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2022 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Range ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Private label mortgage-backed security ​ $ 2,127 Discounted cash flow (1) Constant prepayment rate 4.5% - 4.7% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Probability of default 1.8% - 9.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (3) Loss severity 25% - 35% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 Company invested in its TRUP in November 2015. The following table presents a reconciliation of the Company’s TRUP measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ending December 31, 2022, 2021, and 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ ​ $ 3,847 ​ $ 3,800 ​ $ 4,000 Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount accretion ​ ​ ​ 57 ​ ​ 53 ​ ​ 56 Net change in unrealized gain ​ ​ (49) ​ (6) ​ (256) Balance, end of period ​ ​ $ 3,855 ​ $ 3,847 ​ $ 3,800 ​ The fair value of the Company’s TRUP investment is based on the most recent bid price for this instrument, as provided by a third-party broker. ​ Mortgage Loans Held for Sale ​ The Bank has elected the fair value option for mortgage loans held for sale. These loans are intended for sale and the Bank believes that the fair value is the best indicator of the resolution of these loans. Interest income is recorded based on the contractual terms of the loan and in accordance with Bank policy for such instruments. None of these loans were past due 90-days-or-more nor on nonaccrual as of December 31, 2022 and 2021. ​ As of December 31, 2022 and 2021, the aggregate fair value, contractual balance (including accrued interest), and unrealized gain was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ ​ $ 1,302 ​ $ 29,393 ​ Contractual balance ​ ​ 1,265 ​ 28,668 ​ Unrealized (loss) gain ​ ​ 37 ​ 725 ​ ​ The total amount of gains and losses from changes in fair value of mortgage loans held for sale included in earnings for 2022, 2021, and 2020 are presented in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ ​ $ 519 ​ $ 1,081 ​ $ 1,362 ​ Change in fair value ​ ​ (688) ​ (1,361) ​ 1,552 ​ Total included in earnings ​ ​ $ (169) ​ $ (280) ​ $ 2,914 ​ ​ 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 December 31, 2022 and 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 ​ December 31, 2022 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans held for sale ​ $ 4,706 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ ​ $ 4,706 ​ $ 19,747 Contractual balance ​ ​ 4,734 ​ 19,633 Unrealized (loss) gain ​ ​ (28) ​ 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ ​ $ 9,970 ​ $ 7,708 ​ $ 1,808 Change in fair value ​ ​ (142) ​ 100 ​ 9 Total included in earnings ​ ​ $ 9,828 ​ $ 7,808 ​ $ 1,817 ​ Assets measured at fair value on a non-recurring basis ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ ​ December 31, 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 ​ $ — ​ $ — ​ $ 1,456 ​ $ 1,456 ​ Commercial real estate ​ — ​ — ​ 906 ​ 906 ​ Total collateral-dependent loans* ​ $ — ​ $ — ​ $ 2,362 ​ $ 2,362 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate ​ $ — ​ $ — ​ $ 1,581 ​ $ 1,581 ​ Total other real estate owned ​ $ — ​ $ — ​ $ 1,581 ​ $ 1,581 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 or impaired loans measured at fair value is reconciled in a subsequent table of this Footnote. ​ The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Range ​ ​ Fair ​ Valuation ​ Unobservable ​ (Weighted December 31, 2022 (dollars in thousands) ​ Value ​ Technique ​ Inputs ​ Average) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - residential real estate owner occupied ​ $ 1,456 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 41% ( 11% ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - commercial real estate ​ $ 906 Sales comparison approach Adjustments determined for differences between comparable sales 16% ( 16% ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned - commercial real estate ​ $ 1,581 Sales comparison approach Adjustments determined for differences between comparable sales 39% ( 39% ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision on collateral-dependent loans ​ ​ $ 7 ​ $ 960 ​ $ 559 ​ ​ Other Real Estate Owned ​ Other real estate owned, which is carried at the lower of cost or fair value, is periodically assessed for impairment based on fair value at the reporting date. Fair value is determined from external appraisals or BPOs using judgments and estimates of external professionals. Many of these inputs are not observable and, accordingly, these measurements are classified as Level 3. ​ Details of other real estate owned carrying value and write downs follow: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned carried at fair value ​ ​ $ 1,581 ​ $ 1,792 ​ $ 2,003 ​ Other real estate owned carried at cost ​ ​ — ​ — ​ 496 ​ Total carrying value of other real estate owned ​ ​ $ 1,581 ​ $ 1,792 ​ $ 2,499 ​ Other real estate owned write-downs during the years ended ​ ​ $ 211 ​ $ 211 ​ $ 105 ​ ​ ​ Financial Instruments ​ The carrying amounts and estimated exit price fair values of financial instruments, as of December 31, 2022 and 2021 follow: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 2022: ​ ​ ​ ​ ​ ​ Total ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair (in thousands) ​ Value ​ Level 1 ​ Level 2 ​ Level 3 ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 313,689 ​ $ 313,689 ​ $ — ​ $ — ​ $ 313,689 ​ Available-for-sale debt securities ​ 620,365 ​ 193,385 ​ 420,998 ​ 5,982 ​ 620,365 ​ Held-to-maturity debt securities ​ 87,386 ​ — ​ 87,357 ​ — ​ 87,357 ​ Equity securities with readily determinable fair values ​ ​ 111 ​ ​ — ​ ​ 111 ​ ​ — ​ ​ 111 ​ Mortgage loans held for sale, at fair value ​ 1,302 ​ — ​ 1,302 ​ — ​ 1,302 ​ Consumer loans held for sale, at fair value ​ ​ 4,706 ​ ​ — ​ ​ — ​ ​ 4,706 ​ ​ 4,706 ​ Consumer loans held for sale, at the lower of cost or fair value ​ ​ 13,169 ​ ​ — ​ ​ — ​ ​ 13,169 ​ ​ 13,169 ​ Loans, net ​ 4,445,389 ​ — ​ — ​ 4,276,423 ​ 4,276,423 ​ Federal Home Loan Bank stock ​ 9,146 ​ — ​ — ​ — ​ NA ​ Accrued interest receivable ​ 13,572 ​ — ​ 2,462 ​ 11,110 ​ 13,572 ​ Mortgage servicing rights ​ ​ 8,769 ​ ​ — ​ ​ 17,592 ​ ​ — ​ ​ 17,592 ​ Mandatory forward contracts ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Interest rate swap agreements ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing deposits ​ $ 1,908,768 ​ $ — ​ $ 1,908,768 ​ $ — ​ $ 1,908,768 ​ Transaction deposits ​ 2,398,853 ​ — ​ 2,398,853 ​ — ​ 2,398,853 ​ Time deposits ​ 230,224 ​ — ​ 223,912 ​ — ​ 223,912 ​ Securities sold under agreements to repurchase and other short-term borrowings ​ 216,956 ​ — ​ 216,956 ​ — ​ 216,956 ​ Federal Home Loan Bank advances ​ 95,000 ​ — ​ 93,044 ​ — ​ 93,044 ​ Accrued interest payable ​ 239 ​ — ​ 239 ​ — ​ 239 ​ Rate lock loan commitments ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Interest rate swap agreements ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ NA - Not applicable ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ — ​ 1,441 ​ 8,436 ​ 1,441 ​ 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 ​ $ 1,989,679 ​ $ — ​ $ 1,989,679 ​ $ — ​ $ 1,989,679 ​ Transaction deposits ​ 2,553,424 ​ — ​ 2,553,424 ​ — ​ 2,553,424 ​ Time deposits ​ 296,213 ​ — ​ 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 ​ NA - Not applicable

MORTGAGE BANKING ACTIVITIES

MORTGAGE BANKING ACTIVITIES	12 Months Ended
	Dec. 31, 2022
MORTGAGE BANKING ACTIVITIES
MORTGAGE BANKING ACTIVITIES	16. MORTGAGE BANKING ACTIVITIES ​ Mortgage Banking activities primarily include residential mortgage originations and servicing. ​ Activity for mortgage loans held for sale was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 29,393 ​ $ 46,867 ​ $ 19,224 ​ Origination of mortgage loans held for sale ​ 205,365 ​ 680,714 ​ 782,939 ​ Proceeds from the sale of mortgage loans held for sale ​ (238,398) ​ (717,847) ​ (788,475) ​ Net gain on sale of mortgage loans held for sale ​ 4,942 ​ 19,659 ​ 33,179 ​ Balance, end of period ​ $ 1,302 ​ $ 29,393 ​ $ 46,867 ​ ​ ​ Mortgage loans serviced for others are not reported as assets. The following table provides information for loans serviced by the Bank for the FHLMC and FNMA as of December 31, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ FHLMC ​ ​ $ 966,677 ​ $ 1,004,199 FNMA ​ ​ ​ 420,637 ​ ​ 378,942 Total ​ ​ $ 1,387,314 ​ $ 1,383,141 ​ Servicing loans for others generally consists of collecting mortgage payments, maintaining escrow accounts, disbursing payments to investors and processing foreclosures. Custodial escrow account balances maintained in connection with serviced loans were approximately $11 million and $14 million as of December 31, 2022 and 2021. ​ The following table presents the components of Mortgage Banking income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net gain realized on sale of mortgage loans held for sale ​ ​ $ 7,164 ​ $ 23,114 ​ $ 28,721 ​ Net change in fair value recognized on loans held for sale ​ ​ (688) ​ (1,361) ​ 1,552 ​ Net change in fair value recognized on rate lock loan commitments ​ ​ (1,402) ​ (3,136) ​ 3,751 ​ Net change in fair value recognized on forward contracts ​ ​ (132) ​ 1,042 ​ (845) ​ Net gain recognized ​ ​ 4,942 ​ 19,659 ​ 33,179 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan servicing income ​ ​ 3,518 ​ 3,288 ​ 2,924 ​ Amortization of mortgage servicing rights ​ ​ (2,264) ​ (3,453) ​ (3,756) ​ Change in mortgage servicing rights valuation allowance ​ ​ — ​ 500 ​ (500) ​ Net servicing income recognized ​ ​ 1,254 ​ 335 ​ (1,332) ​ Total Mortgage Banking income ​ ​ $ 6,196 ​ $ 19,994 ​ $ 31,847 ​ ​ Activity for capitalized mortgage servicing rights was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 9,196 ​ $ 7,095 ​ $ 5,888 ​ Additions ​ 1,838 ​ 5,054 ​ 5,463 ​ Amortized to expense ​ (2,264) ​ (3,453) ​ (3,756) ​ Change in valuation allowance ​ — ​ 500 ​ (500) ​ Balance, end of period ​ $ 8,770 ​ $ 9,196 ​ $ 7,095 ​ ​ Activity in the valuation allowance for capitalized mortgage servicing rights follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning valuation allowance ​ ​ ​ $ — ​ $ 500 ​ $ — Charge during the period ​ ​ ​ — ​ (500) ​ 500 Ending valuation allowance ​ ​ ​ $ — ​ $ — ​ $ 500 ​ Other information relating to mortgage servicing rights follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of mortgage servicing rights portfolio ​ ​ $ 17,145 ​ $ 11,540 ​ Monthly weighted average prepayment rate of unpaid principal balance* ​ ​ 127 % 208 % Discount rate ​ ​ ​ 10.21 % ​ 10.15 % Weighted average foreclosure rate ​ ​ ​ 0.10 % ​ 0.19 % Weighted average life in years ​ ​ 7.54 ​ 5.93 ​ * Rates are applied to individual tranches with similar characteristics. ​ Estimated future amortization expense of the MSR portfolio (net of any applicable impairment charge) follows; however, actual amortization expense will be impacted by loan payoffs and changes in estimated lives that occur during each respective year: ​ ​ ​ ​ ​ ​ Year (in thousands) ​ ​ ​ ​ ​ 2023 ​ $ 1,130 ​ 2024 ​ 1,127 ​ 2025 ​ 1,124 ​ 2026 ​ 1,098 ​ 2027 ​ 1,064 ​ 2028 ​ 936 ​ Thereafter ​ 2,291 ​ Total ​ $ 8,770 ​ ​ 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 or to purchase TBA securities 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 or purchase TBA securities. The fair value of these mandatory forward contracts will fluctuate as market interest rates fluctuate, and the change in the value of these instruments is expected to largely, though not entirely, offset the change in fair value of loans held for sale and rate lock commitments. The objective of this activity is to minimize the exposure to losses on rate loan lock commitments and loans held for sale due to market interest rate fluctuations. The net effect of derivatives on earnings will depend on risk management activities and a variety of other factors, including: market interest rate volatility; the amount of rate lock commitments that close; the ability to fill the forward contracts before expiration; and the time period required to close and sell loans. ​ The following table includes the notional amounts and fair values of mortgage loans held for sale and mortgage banking derivatives as of the period ends presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 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 ​ ​ $ 1,265 ​ $ 1,302 ​ $ 28,668 ​ $ 29,393 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock loan commitments ​ ​ $ 4,118 ​ $ 2 ​ $ 56,736 ​ $ 1,404 Mandatory forward contracts ​ ​ ​ — ​ ​ — ​ ​ 70,812 ​ ​ 66 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock loan commitments ​ ​ $ — ​ $ — ​ $ — ​ $ — Mandatory forward contracts ​ ​ ​ 4,009 ​ ​ 67 ​ ​ — ​ ​ — ​

STOCK PLANS AND STOCK BASED COM

STOCK PLANS AND STOCK BASED COMPENSATION	12 Months Ended
	Dec. 31, 2022
STOCK PLANS AND STOCK BASED COMPENSATION
STOCK PLANS AND STOCK BASED COMPENSATION	17. STOCK PLANS AND STOCK BASED COMPENSATION ​ In January 2015, the Company’s Board of Directors adopted the Republic Bancorp, Inc. 2015 Stock Incentive Plan (the “2015 Plan”), which replaced the 2005 Stock Incentive Plan. The number of authorized shares under the 2015 Plan is fixed at 3,000,000, with such number subject to adjustment in the event of certain events, such as stock dividends, stock splits, or the like. There is a minimum three-year vesting period for awards granted to employees under the 2015 Plan that vest based solely on the completion of a specified period of service, with options generally exercisable three ​ All shares issued under the 2015 Plan were from authorized and reserved unissued shares. The Company has a sufficient number of authorized and reserved unissued shares to satisfy all anticipated option exercises. There are no Class B stock options outstanding or available for exercise under the Company’s plans. ​ Stock Options ​ The fair value of each stock option granted is estimated on the date of grant using the Black-Scholes based stock option valuation model. This model requires the input of subjective assumptions that will usually have a significant impact on the fair value estimate. Expected volatilities are based on historical volatility of Republic’s stock and other factors. Expected dividends are based on dividend trends and the market price of Republic’s stock price at grant. Republic uses historical data to estimate option exercises and employee terminations within the valuation model. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve at the time of grant. ​ All share-based payments to employees, including grants of employee stock options, are recognized as compensation expense over the service period (generally the vesting period) in the consolidated financial statements based on their fair values. ​ The fair value of stock options granted was determined using the following weighted average assumptions as of grant date: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk-free interest rate ​ ​ 1.35 % ​ 0.20 % ​ 0.44 % Expected dividend yield ​ ​ 2.50 % ​ 3.18 % ​ 3.53 % Expected stock price volatility ​ ​ 32.12 % ​ 31.71 % ​ 23.71 % Expected life of options (in years) ​ ​ 4 ​ ​ 4 ​ ​ 5 ​ Estimated fair value per share ​ $ 10.41 ​ $ 6.26 ​ $ 4.06 ​ ​ The following table summarizes stock option activity from January 1, 2021 through December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Weighted ​ Average ​ ​ ​ ​ ​ Options ​ Average ​ Remaining ​ Aggregate ​ ​ Class A ​ Exercise ​ Contractual ​ Intrinsic ​ Shares Price Term (years) Value Outstanding, January 1, 2022 ​ 460,502 ​ $ 37.54 ​ ​ ​ ​ ​ ​ Granted 54,281 ​ 50.34 ​ ​ ​ ​ ​ ​ Exercised (5,250) ​ 34.17 ​ ​ ​ ​ ​ ​ Forfeited or expired (44,500) ​ 40.32 ​ ​ ​ ​ ​ ​ Outstanding, December 31, 2022 ​ 465,033 ​ $ 38.81 ​ 2.25 ​ $ 2,322,635 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unvested 414,033 ​ $ 37.69 2.44 ​ $ 2,319,200 ​ Exercisable (vested) at December 31, 2022 51,000 ​ $ 47.87 0.72 ​ $ 3,435 ​ ​ Information related to the stock options during each year follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total intrinsic value of options exercised ​ $ 57 ​ $ 1,335 ​ $ 634 Total cash received from options exercised, net of shares redeemed ​ 52 ​ (142) ​ 210 Total tax benefit of options exercised ​ ​ 6 ​ ​ 223 ​ ​ 78 ​ Loan balances of employees that were originated solely to fund stock option exercises were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ Outstanding loans ​ $ 178 ​ $ 239 ​ ​ Restricted Stock Awards ​ Restricted stock awards generally vest within three ​ The following table summarizes all restricted stock activity from January 1, 2021 through December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Restricted Weighted-Average Weighted-Average ​ ​ Stock Awards ​ Grant Date Remaining Contractual ​ ​ Class A Shares ​ Fair Value Term (years) Outstanding, January 1, 2022 ​ 56,059 ​ $ 39.12 ​ ​ ​ Granted 12,174 ​ 46.05 ​ ​ ​ Forfeited — ​ — ​ ​ ​ Earned and issued (3,500) ​ 37.74 ​ ​ ​ Outstanding, December 31, 2022 64,733 ​ $ 40.49 ​ 1.23 ​ ​ ​ ​ ​ ​ ​ ​ ​ Unvested 64,733 ​ $ 40.49 1.23 ​ The fair value of the restricted stock awards is based on the closing stock price on the date of grant with the associated expense amortized to compensation expense over the vesting period, generally three . The total fair value of restricted shares that vested during 2022, 2021 and 2020 was approximately ​ ​ Performance Stock Units ​ Performance stock units are earned within one year of issuance and vest within three years of issuance, with accelerated vesting due to “change in control” or “death or disability of a participant” as defined and outlined in the 2015 Plan. ​ The following table summarizes all PSU activity from January 1, 2021 through December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ Performance ​ ​ ​ ​ ​ Stock Units ​ Weighted-Average ​ ​ Class A Shares ​ Grant Date Fair Value Outstanding, January 1, 2021 — ​ $ — Granted 10,667 ​ 36.29 Forfeited (10,667) ​ 36.29 Earned and issued — ​ — Outstanding, December 31, 2021 — ​ $ — ​ ​ ​ ​ ​ ​ Outstanding, January 1, 2022 ​ — ​ $ — Granted 8,874 ​ 51.39 Forfeited (8,874) ​ 51.39 Earned and issued — ​ — Outstanding, December 31, 2022 — ​ $ — ​ ​ ​ ​ ​ ​ ​ Expense Related to Stock Incentive Plans ​ The Company recorded expense related to stock incentive plans for the years ended December 31, 2022, 2021, and 2020 as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Stock option expense ​ $ 560 ​ $ 574 ​ $ 463 Restricted stock award expense ​ ​ 937 ​ ​ 738 ​ ​ 396 Performance stock unit expense ​ ​ 152 ​ ​ 129 ​ ​ — Total expense ​ $ 1,649 ​ $ 1,441 ​ $ 859 ​ Unrecognized expenses related to unvested awards under stock incentive plans are estimated as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Stock Restricted ​ ​ Year (in thousands) ​ Options ​ Stock Awards ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ $ 622 ​ $ 565 ​ $ 1,187 ​ 2024 ​ 267 ​ 273 ​ 540 ​ 2025 ​ 38 ​ 54 ​ 92 ​ 2026 ​ 18 ​ 27 ​ 45 ​ 2027 ​ 5 ​ 8 ​ 13 ​ Total ​ $ 950 ​ $ 927 ​ $ 1,877 ​ ​ ​ Deferred Compensation ​ On April 19, 2018, the shareholders of Republic approved an amendment and restatement of the Non-Employee Director and Key Employee Deferred Compensation Plan (the “Plan”). Prior to the Plan’s 2018 amendment and restatement, only directors participated in the plan, with the 2018 amendment and restatement initiating key-employee participation. The Plan provides non-employee directors and designated key employees the ability to defer compensation and have those deferred amounts paid later in the form of Company Class A Common shares based on the shares that could have been acquired as the deferrals were made. The Company maintains a bookkeeping account for each director or key-employee participant, and at the end of each fiscal quarter, deferred compensation is converted to “stock units” equal to the amount of compensation deferred during the quarter divided by the quarter-end fair market value of the Company’s Class A Common stock. Stock units for each participant’s account are also credited with an amount equal to the cash dividends that would have been paid on the number of stock units in the account if the stock units were deemed to be outstanding shares of stock. Any dividends credited are converted into additional stock units at the end of the fiscal quarter in which the dividends were paid. ​ DIRECTORS ​ Members of the Board of Directors may defer board and committee fees from two ​ The following table presents information on director deferred compensation under the Plan for the periods presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding ​ Weighted-Average ​ ​ Stock ​ Market Price ​ Units at Date of Deferral Outstanding, January 1, 2022 ​ 86,800 ​ $ 29.98 Deferred fees and dividend equivalents converted to stock units 18,241 ​ 46.58 Stock units converted to Class A Common Shares (5,814) ​ 49.51 Outstanding, December 31, 2022 99,227 ​ $ 31.43 ​ ​ ​ ​ ​ ​ Vested 99,227 ​ $ 31.43 ​ Director deferred compensation has been expensed as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Director deferred compensation expense ​ $ 503 ​ $ 417 ​ $ 352 ​ ​ KEY EMPLOYEES ​ Designated key employees may defer a portion of their base salaries on a pre-tax basis under the Plan, with the Company matching employee deferrals up to a prescribed limit. With limited exception, the Company match amount remains unvested until December 31 st ​ The following table presents information on key-employee deferred compensation under the Plan for the periods presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding ​ Weighted-Average ​ Weighted-Average ​ ​ Stock ​ Market Price ​ Remaining Contractual ​ ​ Units ​ at Date of Deferral ​ Term (years) Outstanding, January 1, 2022 ​ 65,318 ​ $ 40.57 ​ ​ ​ Deferred base salaries and dividend equivalents converted to stock units 9,389 ​ 43.08 ​ ​ ​ Matching stock units credited ​ 9,315 ​ ​ 43.08 ​ ​ ​ Matching stock units forfeited ​ (1,151) ​ ​ 48.25 ​ ​ ​ Stock units converted to Class A Common Shares — ​ — ​ ​ ​ Outstanding, December 31, 2022 82,871 ​ $ 41.03 ​ 3.13 ​ ​ ​ ​ ​ ​ ​ ​ ​ Vested 47,742 ​ $ 41.47 ​ ​ ​ Unvested 35,129 ​ $ 40.43 ​ 3.13 ​ The following presents key-employee deferred compensation expense for the period presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Key-employee - base salary ​ ​ $ 408 ​ $ 429 ​ $ 408 Key-employee - employer match ​ ​ ​ 317 ​ ​ 178 ​ ​ 158 Total ​ ​ $ 725 ​ $ 607 ​ $ 566 ​ Employee Stock Purchase Plan ​ On April 19, 2018, the shareholders of Republic approved the ESPP. Under the ESPP, participating employees may purchase shares of the Company Class A Common Stock through payroll withholdings at a purchase price that cannot be less than 85% of the lower of the fair market value of the Company’s Class A Common Stock on the first trading day of each offering period, or on the last trading day of each offering period. Participating employees were able purchase the Company’s Class A Common Stock through the ESPP at: ​ ● 85% of fair market value on the last day of the three-month offering periods ended March 31, 2020, June 30, 2020, September 30, 2020, December 31, 2020, March 31, 2021, June 30, 2021, September 30, 2021, December 31, 2021, March 31, 2022, June 30, 2022, September 30, 2022, and December 31, 2022. ​ The following presents expense under the ESPP for the period presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ESPP expense ​ ​ $ 104 ​ $ 104 ​ $ 94 ​

BENEFIT PLANS

BENEFIT PLANS	12 Months Ended
	Dec. 31, 2022
BENEFIT PLANS
BENEFIT PLANS	18. BENEFIT PLANS ​ 401(k) Plan ​ Republic maintains a 401(k) plan for eligible employees. All eligible employees are automatically enrolled at 6% of their eligible compensation within 30 days of their date of hire unless the eligible employee elects to enroll sooner. Participants in the plan have the option to contribute from 1% to 75% of their annual eligible compensation, up to the maximum allowed by the IRS. The Company matches 100% of participant contributions up to 1% and an additional 75% for participant contributions between 2% and 5% of each participant’s annual eligible compensation. Participants are fully vested after two years of employment. ​ Republic may also contribute discretionary matching contributions in addition to the matching contributions if the Company achieves certain operating goals. Normal and discretionary contributions for each of the periods ended were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Employer matching contributions ​ $ 3,096 ​ $ 3,373 ​ $ 3,205 ​ Discretionary employer bonus matching contributions ​ ​ — ​ ​ — ​ ​ 117 ​ ​ Supplemental Executive Retirement Plan ​ In association with its May 17, 2016 Cornerstone acquisition, the Company inherited a SERP. The SERP requires the Company to pay monthly benefits following retirement of the SERP’s four participants. The Company accrues the present value of such benefits monthly. The SERP liability was approximately $2 million as of December 31, 2022 and 2021. Expense under the SERP was $0, $232,000, and $34,000 for the years ended December 31, 2022, 2021, and 2020.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2022
INCOME TAXES
INCOME TAXES	19. INCOME TAXES ​ Allocation of federal and state income tax between current and deferred portion is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ $ 24,537 ​ $ 19,348 ​ $ 25,762 ​ State ​ 5,939 ​ 4,169 ​ 2,450 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deferred expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ ​ (4,273) ​ ​ (246) ​ ​ (7,249) ​ State ​ (464) ​ 560 ​ (1,576) ​ Total ​ $ 25,739 ​ $ 23,831 ​ $ 19,387 ​ ​ Effective tax rates differ from federal statutory rate applied to income before income taxes due to the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ Federal corporate tax rate ​ 21.00 % 21.00 % 21.00 % Effect of: ​ ​ ​ ​ ​ ​ ​ ​ State taxes, net of federal benefit ​ 3.70 ​ 3.32 ​ 1.43 ​ General business tax credits ​ (1.88) ​ (1.76) ​ (2.01) ​ Nontaxable income ​ (1.00) ​ (1.06) ​ (0.75) ​ Reversal of valuation allowance/establishment of net operating loss DTA ​ ​ — ​ — ​ (0.04) ​ Tax benefit of vesting employee benefits ​ ​ (0.01) ​ (0.20) ​ (0.15) ​ Deferred tax asset due to KY HB354 ​ ​ — ​ — ​ (0.97) ​ Other, net ​ 0.22 ​ 0.08 ​ 0.38 ​ Effective tax rate ​ 22.03 ​ 21.38 ​ 18.89 ​ ​ Year-end DTAs and DTLs were due to the following: ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ Deferred tax assets: ​ ​ ​ ​ ​ ​ Allowance for credit losses ​ $ 17,427 ​ $ 16,071 Operating lease liabilities ​ ​ 9,362 ​ ​ 9,884 Accrued expenses ​ 5,901 ​ 5,721 Net operating loss carryforward(1) ​ 1,371 ​ 1,550 Acquisition fair value adjustments ​ ​ 101 ​ ​ 124 Other-than-temporary impairment ​ 567 ​ 402 Paycheck Protection Program Fees ​ 31 ​ 337 R&D Capitalization ​ 2,271 ​ — Unrealized investment security losses ​ ​ 10,657 ​ ​ — Other ​ 2,217 ​ 2,079 Total deferred tax assets ​ 49,905 ​ 36,168 ​ ​ ​ ​ ​ ​ ​ Deferred tax liabilities: ​ ​ ​ ​ ​ ​ Right of use assets - operating leases ​ ​ (9,166) ​ ​ (9,673) Depreciation and amortization ​ ​ (2,835) ​ ​ (3,682) Federal Home Loan Bank dividends ​ (745) ​ (709) Deferred loan costs ​ (2,153) ​ (2,275) Lease Financing Receivables ​ ​ (1,996) ​ ​ (2,094) Mortgage servicing rights ​ (2,172) ​ (2,291) Unrealized investment securities gains ​ — ​ (625) Total deferred tax liabilities ​ (19,067) ​ (21,349) ​ ​ ​ ​ ​ ​ ​ Less: Valuation allowance ​ — ​ — Net deferred tax asset ​ $ 30,838 ​ $ 14,819 (1) The Company has federal and state net operating loss carryforwards (acquired in its 2016 Cornerstone acquisition) of $5.9 million (federal) and $3.2 million (state). These carryforwards begin to expire in 2030 for both federal and state purposes. The use of these federal and state carryforwards is each limited under IRC Section 382 to $722,000 annually for federal and $634,000 annually for state. Finally, the Company has state AMT credit carryforwards of $15,000 with no expiration date. ​ ​ Unrecognized Tax Benefits ​ The following table shows a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 2,191 ​ $ 1,941 ​ $ 1,707 ​ Additions based on tax related to the current period ​ 950 ​ 433 ​ 455 ​ Additions for tax positions of prior periods ​ — ​ 253 ​ 24 ​ Reductions for tax positions of prior periods ​ — ​ — ​ (72) ​ Reductions due to the statute of limitations ​ (275) ​ (436) ​ (82) ​ Settlements ​ — ​ — ​ (91) ​ Balance, end of period ​ $ 2,866 ​ $ 2,191 ​ $ 1,941 ​ ​ Of the 2022 total, $2.4 million represented the amount of unrecognized tax benefits that, if recognized, would favorably affect the effective income tax rate in future periods. ​ It is the Company’s policy to recognize interest and penalties as a component of income tax expense related to its unrecognized tax benefits. Amounts related to interest and penalties recorded in the income statements for the years ended December 31, 2022, 2021, and 2020, and accrued on the balance sheets as of December 31, 2022, 2021, and 2020 are presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest and penalties recorded in the income statement as a component of income tax expense ​ $ 72 ​ $ 267 ​ $ 57 ​ Interest and penalties accrued on balance sheet ​ 849 ​ 777 ​ 510 ​ ​ The Company files income tax returns in the U.S. federal jurisdiction. The Company is no longer subject to U.S. federal income tax examinations by taxing authorities for all years prior to and including 2018. ​ Low-Income Housing Tax Credits Investments and Obligations ​ The Company is a limited partner in several low-income housing partnerships whose purpose is to invest in qualified affordable housing. The Company expects to recover its remaining investments in these partnerships through the use of tax credits that are generated by the investments. ​ The following table summarizes information related to the Company’s qualified low-income housing investments and obligations: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 2021 ​ ​ ​ ​ ​ ​ ​ Unfunded ​ ​ ​ ​ ​ Unfunded Investment Accounting Method ​ ​ Investments ​ ​ Obligations ​ ​ Investments ​ ​ Obligations Low-income housing tax credit - Gross Proportional amortization ​ $ 42,306 ​ $ 43,609 ​ $ 33,417 ​ $ 23,383 Life-to-date amortization ​ ​ ​ (10,591) ​ ​ NA ​ ​ (6,181) ​ ​ NA Low-income housing tax credit - Net ​ ​ $ 31,715 ​ $ 43,609 ​ $ 27,236 ​ $ 23,383 ​

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2022
EARNINGS PER SHARE
EARNINGS PER SHARE	20. 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. See Footnote 14, “Stockholders’ Equity and Regulatory Capital Matters” of this section of the filing. ​ 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands, except per share data) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 91,106 ​ $ 87,611 ​ $ 83,246 ​ Dividends declared on Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ ​ (24,122) ​ ​ (22,451) ​ ​ (21,433) ​ Class B Shares ​ ​ (2,679) ​ ​ (2,435) ​ ​ (2,288) ​ Undistributed net income for basic earnings per share ​ ​ 64,305 ​ ​ 62,725 ​ ​ 59,525 ​ Weighted average potential dividends on Class A shares upon exercise of dilutive options ​ ​ (87) ​ ​ (100) ​ ​ (35) ​ Undistributed net income for diluted earnings per share ​ $ 64,218 ​ $ 62,625 ​ $ 59,490 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ 17,876 ​ 18,497 ​ 18,838 ​ Class B Shares ​ ​ 2,161 ​ ​ 2,178 ​ ​ 2,201 ​ Effect of dilutive securities on Class A Shares outstanding ​ 64 ​ 82 ​ 30 ​ Weighted average shares outstanding including dilutive securities ​ 20,101 ​ 20,757 ​ 21,069 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 1.36 ​ $ 1.23 ​ $ 1.14 ​ Undistributed earnings per share* ​ ​ 3.24 ​ ​ 3.06 ​ ​ 2.86 ​ Total basic earnings per share - Class A Common Stock ​ $ 4.60 ​ $ 4.29 ​ $ 4.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 1.24 ​ $ 1.12 ​ $ 1.04 ​ Undistributed earnings per share* ​ ​ 2.95 ​ ​ 2.78 ​ ​ 2.60 ​ Total basic earnings per share - Class B Common Stock ​ $ 4.19 ​ $ 3.90 ​ $ 3.64 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 1.36 ​ $ 1.23 ​ $ 1.14 ​ Undistributed earnings per share* ​ ​ 3.23 ​ ​ 3.05 ​ ​ 2.85 ​ Total diluted earnings per share - Class A Common Stock ​ $ 4.59 ​ $ 4.28 ​ $ 3.99 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 1.24 ​ $ 1.12 ​ $ 1.04 ​ Undistributed earnings per share* ​ ​ 2.93 ​ ​ 2.77 ​ ​ 2.59 ​ Total diluted earnings per share - Class B Common Stock ​ $ 4.17 ​ $ 3.89 ​ $ 3.63 ​ *To arrive at undistributed earnings per share, undistributed net income is first pro rated between Class A and Class B Common Shares, with Class A Common Shares receiving a 10% premium. The resulting pro-rated, undistributed net income for each class is then divided by the weighted average shares for each class. ​ Stock options excluded from the detailed earnings per share calculation because their impact was antidilutive are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ Antidilutive stock options ​ ​ 178,000 144,000 338,995 ​ Average antidilutive stock options ​ ​ 128,000 142,625 282,489 ​ ​

TRANSACTIONS WITH RELATED PARTI

TRANSACTIONS WITH RELATED PARTIES AND THEIR AFFILIATES	12 Months Ended
	Dec. 31, 2022
TRANSACTIONS WITH RELATED PARTIES AND THEIR AFFILIATES
TRANSACTIONS WITH RELATED PARTIES AND THEIR AFFILIATES	21. TRANSACTIONS WITH RELATED PARTIES AND THEIR AFFILIATES ​ Republic leases office facilities under operating leases from limited liability companies in which Republic’s Executive Chair/Chief Executive Officer and Vice Chair are partners. Rent expense and obligations under these leases are presented in Footnote 6 in this section of the filing. ​ Loans made to executive officers and directors of Republic and their related interests during 2022 were as follows: ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ ​ ​ ​ ​ Beginning balance ​ $ 7,448 ​ Effect of changes in composition of related parties ​ (740) ​ New loans ​ 3,728 ​ Repayments ​ (3,609) ​ Ending balance ​ $ 6,827 ​ ​ Deposits from executive officers, directors, and their affiliates totaled $126 million and $123 million as of December 31, 2022 and 2021. ​ By an agreement dated December 14, 1989, as amended August 8, 1994, the Company entered into a split-dollar insurance agreement with a trust established by the Company’s deceased former Chair, Bernard M. Trager. Pursuant to the agreement, from 1989 through 2002 the Company paid $690,000 in total annual premiums on the insurance policies held in the trust. The policies are joint-life policies payable upon the death of Mrs. Jean Trager, as the survivor of her husband Bernard M. Trager. The cash surrender value of the policies was approximately $2 million as of December 31, 2022 and 2021. ​ Pursuant to the terms of the trust, the beneficiaries of the trust will each receive the proceeds of the policies after the repayment of any unreimbursed portion of the $690,000 annual premiums paid by the Company. The unreimbursed portion constitutes indebtedness from the trust to the Company and is secured by a collateral assignment of the policies. As of December 31, 2022 and 2021, the unreimbursed portion was $240,000 and $340,000, and the net death benefit under the policies was approximately $5 million. Upon the termination of the agreement, whether by the death of Mrs. Trager or earlier cancellation, the Company is entitled to be repaid by the trust the amount of indebtedness outstanding at that time.

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME	12 Months Ended
	Dec. 31, 2022
OTHER COMPREHENSIVE INCOME
OTHER COMPREHENSIVE INCOME	22. OTHER COMPREHENSIVE INCOME ​ OCI components and related tax effects were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Debt Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized losses on AFS debt securities ​ ​ $ (45,109) ​ $ (8,908) ​ $ 7,147 Unrealized (loss) gain on AFS debt security for which a portion of OTTI has been recognized in earnings ​ ​ (29) ​ 63 ​ (35) Net gains (losses) ​ ​ (45,138) ​ (8,845) ​ 7,112 Tax effect ​ ​ 11,285 ​ 2,210 ​ (1,778) Net of tax ​ ​ (33,853) ​ (6,635) ​ 5,334 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash Flow Hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in fair value of derivatives used for cash flow hedges ​ ​ — ​ — ​ (177) Reclassification amount for net derivative losses realized in income ​ ​ — ​ — ​ 281 Net gains (losses) ​ ​ — ​ — ​ 104 Tax effect ​ ​ — ​ — ​ (27) Net of tax ​ ​ — ​ — ​ 77 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other comprehensive (loss) income components, net of tax ​ ​ $ (33,853) ​ $ (6,635) ​ $ 5,411 ​ Amounts reclassified out of each component of accumulated OCI for the years ended December 31, 2022, 2021, and 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amounts Reclassified From ​ ​ Affected Line Items ​ ​ ​ Accumulated Other ​ ​ in the Consolidated ​ ​ ​ Comprehensive Income (Loss) Years Ended December 31, (in thousands) Statements of Income ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash Flow Hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on money market deposits Interest expense on deposits ​ ​ ​ — ​ — ​ (138) Interest rate swap on FHLB advance Interest expense on FHLB advances ​ ​ ​ — ​ — ​ (143) Total derivative losses on cash flow hedges Total interest expense ​ ​ ​ — ​ — ​ (281) Tax effect Income tax expense ​ ​ ​ — ​ — ​ 70 Net of tax Net income ​ ​ ​ — ​ — ​ (211) ​ The following is a summary of the accumulated OCI balances, net of tax: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ ​ (in thousands) ​ December 31, 2021 ​ Change ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ 890 ​ $ (33,824) ​ $ (32,934) ​ Unrealized (loss) gain on AFS debt security for which a portion of OTTI has been recognized in earnings ​ 984 ​ (29) ​ 955 ​ Total unrealized gain (loss) ​ $ 1,874 ​ $ (33,853) ​ $ (31,979) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 ​ ​ (in thousands) ​ December 31, 2020 ​ Change ​ December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ 7,571 ​ $ (6,681) ​ $ 890 ​ Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings ​ 938 ​ 46 ​ 984 ​ Total unrealized gain (loss) ​ $ 8,509 ​ $ (6,635) ​ $ 1,874 ​ ​

PARENT COMPANY CONDENSED FINANC

PARENT COMPANY CONDENSED FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2022
PARENT COMPANY CONDENSED FINANCIAL INFORMATION
PARENT COMPANY CONDENSED FINANCIAL INFORMATION	23. PARENT COMPANY CONDENSED FINANCIAL INFORMATION ​ BALANCE SHEETS ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 36,436 ​ $ 16,881 ​ Security available for sale ​ ​ 3,855 ​ ​ 3,847 ​ Investment in bank subsidiary ​ 819,144 ​ 818,092 ​ Investment in non-bank subsidiaries ​ 2,773 ​ 2,409 ​ Other assets ​ 2,465 ​ 3,741 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets ​ $ 864,673 ​ $ 844,970 ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities and Stockholders’ Equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Subordinated note ​ $ — ​ $ — ​ Other liabilities ​ 8,060 ​ 9,916 ​ Stockholders’ equity ​ 856,613 ​ 835,054 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities and stockholders’ equity ​ $ 864,673 ​ $ 844,970 ​ ​ STATEMENTS OF INCOME AND COMPREHENSIVE INCOME ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income and expenses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Dividends from subsidiary ​ $ 59,460 ​ $ 28,300 ​ $ 25,980 ​ Interest income ​ 229 ​ 143 ​ 182 ​ Other income ​ 54 ​ 53 ​ 57 ​ Less: Interest expense ​ — ​ 507 ​ 1,000 ​ Less: Other expenses ​ 819 ​ 760 ​ 691 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax benefit ​ 58,924 ​ 27,229 ​ 24,528 ​ Income tax benefit ​ 124 ​ 245 ​ 344 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before equity in undistributed net income of subsidiaries ​ 59,048 ​ 27,474 ​ 24,872 ​ Equity in undistributed net income of subsidiaries ​ 32,058 ​ 60,137 ​ 58,374 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 91,106 ​ $ 87,611 ​ $ 83,246 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprehensive income ​ $ 57,253 ​ $ 80,976 ​ $ 88,657 ​ ​ STATEMENTS OF CASH FLOWS ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 91,106 ​ $ 87,611 ​ $ 83,246 ​ Adjustments to reconcile net income to net cash provided by operating activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accretion of investment security ​ ​ (56) ​ ​ (53) ​ ​ (56) ​ Equity in undistributed net income of subsidiaries ​ (32,058) ​ (60,137) ​ (58,374) ​ Director deferred compensation - Parent Company ​ 427 ​ 347 ​ 181 ​ Change in other assets ​ 4,571 ​ (736) ​ 1,609 ​ Change in other liabilities ​ (5,428) ​ 1,694 ​ 54 ​ Net cash provided by operating activities ​ 58,562 ​ 28,726 ​ 26,660 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investing activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in venture capital fund ​ (337) ​ — ​ — ​ Investment in subsidiary bank ​ ​ (590) ​ ​ (591) ​ ​ (533) ​ Net cash used in investing activities ​ (927) ​ (591) ​ (533) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financing activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Common Stock repurchases ​ (12,577) ​ ​ (47,528) ​ (3,935) ​ Net proceeds from Class A Common Stock purchased through employee stock purchase plan ​ ​ 590 ​ ​ 591 ​ ​ 533 ​ Net proceeds from Common Stock options exercised ​ 52 ​ (142) ​ — ​ Payoff of subordinated note, net of common security interest ​ ​ — ​ ​ (40,000) ​ ​ — ​ Cash dividends paid ​ (26,145) ​ (24,699) ​ (23,204) ​ Net cash used in financing activities ​ (38,080) ​ (111,778) ​ (26,606) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in cash and cash equivalents ​ 19,555 ​ (83,643) ​ (479) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents at beginning of period ​ 16,881 ​ 100,524 ​ 101,003 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents at end of period ​ $ 36,436 ​ $ 16,881 ​ $ 100,524 ​ ​

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	12 Months Ended
	Dec. 31, 2022
REVENUE FROM CONTRACTS WITH CUSTOMERS
REVENUE FROM CONTRACTS WITH CUSTOMERS	24. REVENUE FROM CONTRACTS WITH CUSTOMERS ​ The following tables present the Company’s net revenue by reportable segment for the years ended December 31, 2022, 2021, and 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 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) ​ $ 171,543 ​ $ 13,729 ​ $ 519 ​ $ 185,791 ​ ​ $ 21,715 ​ $ 29,185 ​ ​ $ 50,900 ​ ​ ​ $ 236,691 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 13,388 ​ ​ 50 ​ ​ — ​ ​ ​ 13,438 ​ ​ ​ (12) ​ ​ — ​ ​ ​ (12) ​ ​ ​ ​ 13,426 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 17,080 ​ — ​ ​ 17,080 ​ ​ ​ 17,080 ​ Mortgage banking income (1) ​ — ​ — ​ 6,196 ​ ​ 6,196 ​ ​ — ​ — ​ ​ — ​ ​ ​ 6,196 ​ Interchange fee income ​ ​ 12,943 ​ ​ — ​ ​ — ​ ​ ​ 12,943 ​ ​ ​ 182 ​ ​ — ​ ​ ​ 182 ​ ​ ​ ​ 13,125 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 2,872 ​ ​ 13,300 ​ ​ ​ 16,172 ​ ​ ​ ​ 16,172 ​ Increase in cash surrender value of BOLI (1) ​ ​ 2,526 ​ ​ — ​ ​ — ​ ​ ​ 2,526 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 2,526 ​ Net losses on OREO ​ ​ (211) ​ ​ — ​ ​ — ​ ​ ​ (211) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (211) ​ Contract termination fee ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 5,000 ​ ​ — ​ ​ ​ 5,000 ​ ​ ​ ​ 5,000 ​ Legal settlement ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 13,000 ​ ​ — ​ ​ ​ 13,000 ​ ​ ​ ​ 13,000 ​ Other ​ 3,002 ​ — ​ 136 ​ ​ 3,138 ​ ​ 358 ​ — ​ ​ 358 ​ ​ ​ 3,496 ​ Total noninterest income ​ 31,648 ​ 50 ​ 6,332 ​ ​ 38,030 ​ ​ 38,480 ​ 13,300 ​ ​ 51,780 ​ ​ ​ 89,810 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 203,191 ​ $ 13,779 ​ $ 6,851 ​ ​ $ 223,821 ​ ​ $ 60,195 ​ $ 42,485 ​ ​ $ 102,680 ​ ​ ​ $ 326,501 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 63 % ​ 4 % ​ 2 % ​ ​ 69 % ​ ​ 18 % ​ 13 % ​ ​ 31 % ​ ​ ​ 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. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, 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) ​ $ 157,249 ​ $ 25,218 ​ $ 1,081 ​ $ 183,548 ​ ​ $ 15,837 ​ $ 23,355 ​ ​ $ 39,192 ​ ​ ​ $ 222,740 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 12,506 ​ ​ 57 ​ ​ — ​ ​ ​ 12,563 ​ ​ ​ (10) ​ ​ — ​ ​ ​ (10) ​ ​ ​ ​ 12,553 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 20,248 ​ — ​ ​ 20,248 ​ ​ ​ 20,248 ​ Mortgage banking income (1) ​ — ​ — ​ 19,994 ​ ​ 19,994 ​ ​ — ​ — ​ ​ — ​ ​ ​ 19,994 ​ Interchange fee income ​ ​ 12,777 ​ ​ — ​ ​ — ​ ​ ​ 12,777 ​ ​ ​ 285 ​ ​ — ​ ​ ​ 285 ​ ​ ​ ​ 13,062 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 3,171 ​ ​ 11,066 ​ ​ ​ 14,237 ​ ​ ​ ​ 14,237 ​ Increase in cash surrender value of BOLI (1) ​ ​ 2,242 ​ ​ — ​ ​ — ​ ​ ​ 2,242 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 2,242 ​ Net losses on OREO ​ ​ (160) ​ ​ — ​ ​ — ​ ​ ​ (160) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (160) ​ Other ​ 4,127 ​ — ​ 191 ​ ​ 4,318 ​ ​ 81 ​ — ​ ​ 81 ​ ​ ​ 4,399 ​ Total noninterest income ​ 31,492 ​ 57 ​ 20,185 ​ ​ 51,734 ​ ​ 23,775 ​ 11,066 ​ ​ 34,841 ​ ​ ​ 86,575 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 188,741 ​ $ 25,275 ​ $ 21,266 ​ ​ $ 235,282 ​ ​ $ 39,612 ​ $ 34,421 ​ ​ $ 74,033 ​ ​ ​ $ 309,315 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 61 % ​ 8 % ​ 7 % ​ ​ 76 % ​ ​ 13 % ​ 11 % ​ ​ 24 % ​ ​ ​ 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. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2020 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ Mortgage ​ ​ Core ​ ​ Refund ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ Banking ​ ​ Banking ​ ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income (1) ​ $ 159,381 ​ $ 25,957 ​ $ 1,362 ​ $ 186,700 ​ ​ $ 22,972 ​ $ 22,643 ​ ​ $ 45,615 ​ ​ ​ $ 232,315 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 11,571 ​ ​ 63 ​ ​ — ​ ​ ​ 11,634 ​ ​ ​ (19) ​ ​ — ​ ​ ​ (19) ​ ​ ​ ​ 11,615 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 20,297 ​ — ​ ​ 20,297 ​ ​ ​ 20,297 ​ Mortgage banking income (1) ​ — ​ — ​ 31,847 ​ ​ 31,847 ​ ​ — ​ — ​ ​ — ​ ​ ​ 31,847 ​ Interchange fee income ​ ​ 10,978 ​ ​ — ​ ​ — ​ ​ ​ 10,978 ​ ​ ​ 210 ​ ​ — ​ ​ ​ 210 ​ ​ ​ ​ 11,188 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 2,193 ​ ​ 4,902 ​ ​ ​ 7,095 ​ ​ ​ ​ 7,095 ​ Increase in cash surrender value of BOLI (1) ​ ​ 1,585 ​ ​ — ​ ​ — ​ ​ ​ 1,585 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 1,585 ​ Net losses on OREO ​ ​ (40) ​ ​ — ​ ​ — ​ ​ ​ (40) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (40) ​ Gain on branch divestiture(1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ — ​ Other ​ 3,310 ​ (39) ​ 103 ​ ​ 3,374 ​ ​ 92 ​ — ​ ​ 92 ​ ​ ​ 3,466 ​ Total noninterest income ​ 27,404 ​ 24 ​ 31,950 ​ ​ 59,378 ​ ​ 22,773 ​ 4,902 ​ ​ 27,675 ​ ​ ​ 87,053 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 186,785 ​ $ 25,981 ​ $ 33,312 ​ ​ $ 246,078 ​ ​ $ 45,745 ​ $ 27,545 ​ ​ $ 73,290 ​ ​ ​ $ 319,368 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 59 % ​ 8 % ​ 10 % ​ ​ 77 % ​ ​ 14 % ​ 9 % ​ ​ 23 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ The following represents information for significant revenue streams subject to ASC 606: ​ Service charges on deposit accounts ​ Net refund transfer fees ​ The Company executes contracts with individual Tax Providers to offer RTs to their taxpayer customers. RT revenue is recognized by the Bank immediately after the taxpayer’s refund is disbursed in accordance with the RT contract with the taxpayer customer. The fee paid by the taxpayer for the RT is shared between the Bank and the Tax Providers based on contracts executed between the parties. ​ The Company presents RT revenue net of any amounts shared with the Tax Providers. The Bank’s share of RT revenue is generally based on the obligations undertaken by the Tax Provider for each individual RT program, with more obligations generally corresponding to higher RT revenue share. The significant majority of net RT revenue is recognized and obligations under RT contracts fulfilled by the Bank during the first half of each year. Incremental expenses associated with the fulfilment of RT contracts are generally expensed during the first half of the year. ​ ​ Interchange fee income ​ 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 generally recognizes gains or losses on OREO at the time of an executed deed, although gains may be recognized over a financing period if the Company finances the sale. For financed OREO sales, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on sale, the Company adjusts the transaction price and related gain/(loss) on sale if a significant financing component is present. ​ Mark-to-market write-downs taken by the Company during the property’s holding period are generally at least 10% per year but may be higher based on updated real estate appraisals or BPOs. Incremental expenditures to bring OREO to salable condition are generally expensed as-incurred.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2022
SEGMENT INFORMATION
SEGMENT INFORMATION	25. 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 December 31, 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 revenues 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 the same as those described in the summary of significant accounting policies. Segment performance is evaluated using operating income. Goodwill is allocated to the Traditional Banking segment. Income taxes are generally allocated based on income before income tax expense unless specific segment allocations can be reasonably made. Transactions among reportable segments are made at carrying value. ​ ​ Segment information for the years ended December 31, 2022, 2021, and 2020 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 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 ​ $ 171,543 ​ $ 13,729 ​ $ 519 ​ ​ $ 185,791 ​ ​ $ 21,715 ​ $ 29,185 ​ ​ $ 50,900 ​ ​ ​ $ 236,691 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 1,429 ​ (1,117) ​ — ​ ​ 312 ​ ​ 9,955 ​ 12,081 ​ ​ 22,036 ​ ​ ​ 22,348 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 17,080 ​ — ​ ​ 17,080 ​ ​ ​ 17,080 ​ Mortgage banking income ​ — ​ — ​ 6,196 ​ ​ 6,196 ​ ​ — ​ — ​ ​ — ​ ​ ​ 6,196 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 2,872 ​ ​ 13,300 ​ ​ ​ 16,172 ​ ​ ​ ​ 16,172 ​ Contract termination fee ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 5,000 ​ ​ — ​ ​ ​ 5,000 ​ ​ ​ ​ 5,000 ​ Legal settlement ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 13,000 ​ ​ — ​ ​ ​ 13,000 ​ ​ ​ ​ 13,000 ​ Other noninterest income ​ 31,648 ​ 50 ​ 136 ​ ​ 31,834 ​ ​ 528 ​ — ​ ​ 528 ​ ​ ​ 32,362 ​ Total noninterest income ​ 31,648 ​ 50 ​ 6,332 ​ ​ 38,030 ​ ​ 38,480 ​ 13,300 ​ ​ 51,780 ​ ​ ​ 89,810 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 149,681 ​ 3,604 ​ 9,912 ​ ​ 163,197 ​ ​ 15,717 ​ 8,394 ​ ​ 24,111 ​ ​ ​ 187,308 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income tax expense ​ 52,081 ​ 11,292 ​ (3,061) ​ ​ 60,312 ​ ​ 34,523 ​ 22,010 ​ ​ 56,533 ​ ​ ​ 116,845 ​ Income tax expense (benefit) ​ ​ 11,104 ​ ​ 2,539 ​ ​ (673) ​ ​ ​ 12,970 ​ ​ ​ 7,847 ​ ​ 4,922 ​ ​ ​ 12,769 ​ ​ ​ ​ 25,739 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) ​ $ 40,977 ​ $ 8,753 ​ $ (2,388) ​ ​ $ 47,342 ​ ​ $ 26,676 ​ $ 17,088 ​ ​ $ 43,764 ​ ​ ​ $ 91,106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,894,773 ​ $ 405,052 ​ $ 13,938 ​ ​ $ 5,313,763 ​ ​ $ 409,259 ​ $ 112,521 ​ ​ $ 521,780 ​ ​ ​ $ 5,835,543 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.38 % 2.69 % NM ​ ​ 3.32 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 4.12 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 63 % ​ 4 % ​ 2 % ​ ​ 69 % ​ ​ 18 % ​ 13 % ​ ​ 31 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 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 ​ $ 157,249 ​ $ 25,218 ​ $ 1,081 ​ ​ $ 183,548 ​ ​ $ 15,837 ​ $ 23,355 ​ ​ $ 39,192 ​ ​ ​ $ 222,740 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ (38) ​ (281) ​ — ​ ​ (319) ​ ​ 6,683 ​ 8,444 ​ ​ 15,127 ​ ​ ​ 14,808 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 20,248 ​ — ​ ​ 20,248 ​ ​ ​ 20,248 ​ Mortgage banking income ​ — ​ — ​ 19,994 ​ ​ 19,994 ​ ​ — ​ — ​ ​ — ​ ​ ​ 19,994 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 3,171 ​ ​ 11,066 ​ ​ ​ 14,237 ​ ​ ​ ​ 14,237 ​ Other noninterest income ​ 31,492 ​ 57 ​ 191 ​ ​ 31,740 ​ ​ 356 ​ — ​ ​ 356 ​ ​ ​ 32,096 ​ Total noninterest income ​ 31,492 ​ 57 ​ 20,185 ​ ​ 51,734 ​ ​ 23,775 ​ 11,066 ​ ​ 34,841 ​ ​ ​ 86,575 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 145,376 ​ 4,210 ​ 12,356 ​ ​ 161,942 ​ ​ 16,344 ​ 4,779 ​ ​ 21,123 ​ ​ ​ 183,065 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 43,403 ​ 21,346 ​ 8,910 ​ ​ 73,659 ​ ​ 16,585 ​ 21,198 ​ ​ 37,783 ​ ​ ​ 111,442 ​ Income tax expense ​ 7,685 ​ 4,962 ​ 1,960 ​ ​ 14,607 ​ ​ 3,964 ​ 5,260 ​ ​ 9,224 ​ ​ ​ 23,831 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 35,718 ​ $ 16,384 ​ $ 6,950 ​ ​ $ 59,052 ​ ​ $ 12,621 ​ $ 15,938 ​ ​ $ 28,559 ​ ​ ​ $ 87,611 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,717,836 ​ $ 850,703 ​ $ 43,929 ​ ​ $ 5,612,468 ​ ​ $ 371,647 ​ $ 109,517 ​ ​ $ 481,164 ​ ​ ​ $ 6,093,632 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.18 % 3.37 % NM ​ ​ 3.20 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 3.79 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 61 % ​ 8 % ​ 7 % ​ ​ 76 % ​ ​ 13 % ​ 11 % ​ ​ 24 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2020 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Tax Republic ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ Mortgage ​ ​ Core ​ ​ Refund ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ Banking ​ ​ Banking ​ ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income ​ $ 159,381 ​ $ 25,957 ​ $ 1,362 ​ ​ $ 186,700 ​ ​ $ 22,972 ​ $ 22,643 ​ ​ $ 45,615 ​ ​ ​ $ 232,315 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 16,257 ​ 613 ​ — ​ ​ 16,870 ​ ​ 13,189 ​ 1,219 ​ ​ 14,408 ​ ​ ​ 31,278 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 20,297 ​ — ​ ​ 20,297 ​ ​ ​ 20,297 ​ Mortgage banking income ​ — ​ — ​ 31,847 ​ ​ 31,847 ​ ​ — ​ — ​ ​ — ​ ​ ​ 31,847 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 2,193 ​ ​ 4,902 ​ ​ ​ 7,095 ​ ​ ​ ​ 7,095 ​ Gain on branch divestiture ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ — ​ Other noninterest income ​ 27,404 ​ 24 ​ 103 ​ ​ 27,531 ​ ​ 283 ​ — ​ ​ 283 ​ ​ ​ 27,814 ​ Total noninterest income ​ 27,404 ​ 24 ​ 31,950 ​ ​ 59,378 ​ ​ 22,773 ​ 4,902 ​ ​ 27,675 ​ ​ ​ 87,053 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 149,061 ​ 4,387 ​ 10,760 ​ ​ 164,208 ​ ​ 17,514 ​ 3,735 ​ ​ 21,249 ​ ​ ​ 185,457 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 21,467 ​ 20,981 ​ 22,552 ​ ​ 65,000 ​ ​ 15,042 ​ 22,591 ​ ​ 37,633 ​ ​ ​ 102,633 ​ Income tax expense ​ 1,395 ​ 4,721 ​ 4,736 ​ ​ 10,852 ​ ​ 3,323 ​ 5,212 ​ ​ 8,535 ​ ​ ​ 19,387 ​ Net income ​ $ 20,072 ​ $ 16,260 ​ $ 17,816 ​ ​ $ 54,148 ​ ​ $ 11,719 ​ $ 17,379 ​ ​ $ 29,098 ​ ​ ​ $ 83,246 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,750,460 ​ $ 962,692 ​ $ 62,400 ​ ​ $ 5,775,552 ​ ​ $ 285,612 ​ $ 107,161 ​ ​ $ 392,773 ​ ​ ​ $ 6,168,325 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.42 % 3.19 % NM ​ ​ 3.39 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 4.10 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 59 % ​ 8 % ​ 10 % ​ ​ 77 % ​ ​ 14 % ​ 9 % ​ ​ 23 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ *Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ NM - Not Meaningful

ACQUISITION OF CBANK (UNAUDITED

ACQUISITION OF CBANK (UNAUDITED)	12 Months Ended
	Dec. 31, 2022
ACQUISITION OF CBANK
ACQUISITION OF CBANK (UNAUDITED)	26. ACQUISITION OF CBANK (UNAUDITED) ​ On October 26, 2022, the Company, RB&T, and CBank entered into the CBank Agreement. Upon completion of the transaction, CBank will be merged with and into RB&T, with RB&T as the survivor of the merger. CBank is headquartered in Cincinnati, Ohio. ​ Under the terms of the CBank Agreement, the Company will acquire all of CBank’s outstanding common stock in an all-cash direct merger of CBank with RB&T, resulting in a total cash payment of approximately $51 million to CBank’s existing shareholders. Republic expects to fund the cash payment through existing resources on-hand at RB&T. The completion of the transaction is subject to customary closing conditions, including regulatory approval and approval by CBank’s shareholders. The CBank Agreement also contains reciprocal termination provisions in the event the transaction does not receive the required regulatory approvals within six months of the effective date of the CBank Agreement or if certain minimum capital levels are not maintained by CBank as of the closing date. ​ The CBank Agreement was unanimously approved by the Republic, RB&T and CBank boards of directors on October 25, 2022. In connection with entering into the CBank Agreement, Republic entered into customary support agreements with the members of CBank’s board of directors and other shareholders in their capacities as shareholders of CBank (the “CBank Support Agreements”). Subject to the terms and conditions, and non-termination, of the CBank Support Agreements, each such shareholder agreed, among other things, to vote his or her respective shares of CBank Common Stock in favor of the approval of the CBank Agreement and the transaction contemplated thereby, and against alternative acquisition proposals. The CBank Support Agreements do not prevent the shareholders, in their capacity as directors, from exercising their fiduciary obligations in connection with alternative acquisition proposals. The CBank Agreement provides certain termination rights for both Republic and CBank and further provides that a termination fee of $2,040,000 will be payable by CBank to Republic upon termination of the CBank Agreement under certain circumstances, including CBank’s termination of the CBank Agreement to accept a Superior Proposal (as defined in the CBank Agreement). The CBank Agreement was approved by its shareholders on December 13, 2022. ​ As of January 31, 2023, CBank had approximately $257 million in assets, consisting of approximately $221 million in gross loans, no other real estate owned, approximately $16 million of marketable securities, approximately $14 million in cash and cash equivalents and approximately $6 million in other assets. Also as of January 31, 2023, CBank had approximately $228 million of liabilities, including approximately $209 million in customer deposits and $13 million in Federal Home Loan Bank advances.

CORRECTION OF PRIOR PERIOD ERRO

CORRECTION OF PRIOR PERIOD ERROR	12 Months Ended
	Dec. 31, 2022
CORRECTION OF PRIOR PERIOD ERROR
CORRECTION OF PRIOR PERIOD ERROR	27. CORRECTION OF PRIOR PERIOD ERROR ​ The Company identified a prior period accounting error substantially in the form of an immaterial understatement of revenue, solely related to one RCS line of credit product. three participation interest in the advances. The error that was identified related to the three ​ The financial reporting periods affected by this error include the Company’s previously reported audited consolidated financial statements for the fiscal year ended December 31, 2021, and the Company’s previously reported interim unaudited consolidated financial statements for each of the quarterly and fiscal year-to-date periods ended June 30, 2021; September 30, 2021; March 31, 2022; June 30, 2022; and September 30, 2022; and the unaudited consolidated quarterly financial data for the quarter ending December 31, 2021 (collectively the “previously reported financial statements”). The three month period ended December 31, 2021 and year ended December 31, 2021 also reflected certain immaterial revisions to reclassify certain gains and losses on the sale of the same RCS line of credit product. These reclassifications impact noninterest income, noninterest expense and interest income with no impact to net income. ​ Based on the Company’s evaluation of this error in consideration of the Financial Accounting Standards Board (“FASB) Accounting Standards Codification (“ASC”) 250 and the SEC Staff’s Accounting Bulletins Nos. 99 (“SAB 99”) and 108 (“SAB 108”) and interpretations therewith, the Company concluded this error was not material, on an individual or aggregate basis, to the Company’s previously reported financial statements and correction of the error would not be material to the current year financial statements, including any interim periods. However, the Company corrected this error as a voluntary immaterial revision to the accompanying financial statements in this Annual Report on Form 10-K, as of and for the fiscal years ended December 31, 2022, and 2021, in the periods in which the error occurred. In addition, the Company expects to present the corrected interim 2022 amounts in its 2023 consolidated interim financial statements upon the filing of its Quarterly Reports on Form 10-Q on a quarterly basis and a year-to-date basis as a voluntary immaterial revision to all applicable 2022 periods. ​ For additional discussion of Management’s evaluation of its internal control over financial reporting as a result of this error, as well as Managements plans to remediate the Company’s material weaknesses, see Item 9A of this Annual Report on Form 10-K. ​ The following tables present the impact of correcting the accounting error to the Company’s previously reported financial statements. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended March 31, 2022 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ As Reported Revision Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 63,555 ​ $ 555 ​ $ 64,110 Net Interest Income ​ 62,612 ​ ​ 555 ​ ​ 63,167 Income before income taxes ​ 35,814 ​ ​ 555 ​ ​ 36,369 Income tax expense ​ 7,888 ​ ​ 131 ​ ​ 8,019 Net income ​ 27,926 ​ ​ 424 ​ ​ 28,350 ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 1.40 ​ $ 0.02 ​ $ 1.42 Basic EPS - Class B Common Stock ​ 1.27 ​ ​ 0.02 ​ ​ 1.29 Diluted EPS - Class A Common Stock ​ 1.40 ​ ​ 0.02 ​ ​ 1.42 Diluted EPS - Class B Common Stock ​ 1.27 ​ ​ 0.02 ​ ​ 1.29 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended March 31, 2022 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,509,540 ​ $ (1,247) ​ $ 5,508,293 Total Stockholders' Equity ​ 840,329 ​ ​ 1,247 ​ ​ 841,576 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended June 30, 2022 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ 6 Months ​ Immaterial ​ 6 Months ​ As Reported Revision Revised As Reported Revision Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 52,320 ​ $ 582 ​ $ 52,902 ​ $ 115,875 ​ $ 1,137 ​ $ 117,012 Net Interest Income ​ 51,232 ​ ​ 582 ​ ​ 51,814 ​ ​ 113,844 ​ ​ 1,137 ​ ​ 114,981 Income before income taxes ​ 30,440 ​ ​ 582 ​ ​ 31,022 ​ ​ 66,254 ​ ​ 1,137 ​ ​ 67,391 Income tax expense ​ 6,539 ​ ​ 136 ​ ​ 6,675 ​ ​ 14,427 ​ ​ 267 ​ ​ 14,694 Net income ​ 23,901 ​ ​ 446 ​ ​ 24,347 ​ ​ 51,827 ​ ​ 870 ​ ​ 52,697 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 1.20 ​ $ 0.03 ​ $ 1.23 ​ $ 2.60 ​ $ 0.05 ​ $ 2.65 Basic EPS - Class B Common Stock ​ 1.09 ​ ​ 0.03 ​ ​ 1.12 ​ ​ 2.37 ​ ​ 0.04 ​ ​ 2.41 Diluted EPS - Class A Common Stock ​ 1.20 ​ ​ 0.02 ​ ​ 1.22 ​ ​ 2.59 ​ ​ 0.05 ​ ​ 2.64 Diluted EPS - Class B Common Stock ​ 1.09 ​ ​ 0.02 ​ ​ 1.11 ​ ​ 2.36 ​ ​ 0.04 ​ ​ 2.40 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended June 30, 2022 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,270,302 ​ $ (1,692) ​ $ 5,268,610 Total Stockholders' Equity ​ 842,174 ​ ​ 1,692 ​ ​ 843,866 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended September 30, 2022 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ 9 Months ​ Immaterial ​ 9 Months ​ As Reported Revision Revised As Reported Revision Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 60,056 ​ $ 561 ​ $ 60,617 ​ $ 175,931 ​ $ 1,698 ​ $ 177,629 Net Interest Income ​ 58,036 ​ ​ 561 ​ ​ 58,597 ​ ​ 171,880 ​ ​ 1,698 ​ ​ 173,578 Income before income taxes ​ 25,405 ​ ​ 561 ​ ​ 25,966 ​ ​ 91,659 ​ ​ 1,698 ​ ​ 93,357 Income tax expense ​ 5,922 ​ ​ 148 ​ ​ 6,070 ​ ​ 20,349 ​ ​ 415 ​ ​ 20,764 Net income ​ 19,483 ​ ​ 413 ​ ​ 19,896 ​ ​ 71,310 ​ ​ 1,283 ​ ​ 72,593 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 0.99 ​ $ 0.02 ​ $ 1.01 ​ $ 3.60 ​ $ 0.06 ​ $ 3.66 Basic EPS - Class B Common Stock ​ 0.90 ​ ​ 0.02 ​ ​ 0.92 ​ ​ 3.27 ​ ​ 0.06 ​ ​ 3.33 Diluted EPS - Class A Common Stock ​ 0.99 ​ ​ 0.02 ​ ​ 1.01 ​ ​ 3.58 ​ ​ 0.07 ​ ​ 3.65 Diluted EPS - Class B Common Stock ​ 0.90 ​ ​ 0.02 ​ ​ 0.92 ​ ​ 3.26 ​ ​ 0.06 ​ ​ 3.32 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended September 30, 2022 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,158,705 ​ $ (2,105) ​ $ 5,156,600 Total Stockholders' Equity ​ 840,958 ​ ​ 2,105 ​ ​ 843,063 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended June 30, 2021 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ 6 Months ​ Immaterial ​ 6 Months ​ As Reported Revision Revised As Reported Revision Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 51,815 ​ $ 45 ​ $ 51,860 ​ $ 121,458 ​ $ 45 ​ $ 121,503 Net Interest Income ​ 50,304 ​ ​ 45 ​ ​ 50,349 ​ ​ 118,170 ​ ​ 45 ​ ​ 118,215 Income before income taxes ​ 30,561 ​ ​ 45 ​ ​ 30,606 ​ ​ 64,305 ​ ​ 45 ​ ​ 64,350 Income tax expense ​ 6,639 ​ ​ 9 ​ ​ 6,648 ​ ​ 14,330 ​ ​ 9 ​ ​ 14,339 Net income ​ 23,922 ​ ​ 36 ​ ​ 23,958 ​ ​ 49,975 ​ ​ 36 ​ ​ 50,011 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 1.16 ​ $ — ​ $ 1.16 ​ $ 2.42 ​ $ — ​ $ 2.42 Basic EPS - Class B Common Stock ​ 1.05 ​ ​ 0.01 ​ ​ 1.06 ​ ​ 2.20 ​ ​ — ​ ​ 2.20 Diluted EPS - Class A Common Stock ​ 1.16 ​ ​ — ​ ​ 1.16 ​ ​ 2.41 ​ ​ — ​ ​ 2.41 Diluted EPS - Class B Common Stock ​ 1.05 ​ ​ — ​ ​ 1.05 ​ ​ 2.19 ​ ​ — ​ ​ 2.19 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended June 30, 2021 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,338,220 ​ $ (36) ​ $ 5,338,184 Total Stockholders' Equity ​ 845,090 ​ ​ 36 ​ ​ 845,126 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended September 30, 2021 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ 9 Months ​ Immaterial ​ 9 Months ​ As Reported Revision Revised As Reported Revision Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 54,469 ​ $ 497 ​ $ 54,966 ​ $ 175,927 ​ $ 542 ​ $ 176,469 Net Interest Income ​ 53,129 ​ ​ 497 ​ ​ 53,626 ​ ​ 171,299 ​ ​ 542 ​ ​ 171,841 Income before income taxes ​ 26,227 ​ ​ 497 ​ ​ 26,724 ​ ​ 90,532 ​ ​ 542 ​ ​ 91,074 Income tax expense ​ 6,218 ​ ​ 124 ​ ​ 6,342 ​ ​ 20,548 ​ ​ 133 ​ ​ 20,681 Net income ​ 20,009 ​ ​ 373 ​ ​ 20,382 ​ ​ 69,984 ​ ​ 409 ​ ​ 70,393 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 0.99 ​ $ 0.02 ​ $ 1.01 ​ $ 3.40 ​ $ 0.02 ​ $ 3.42 Basic EPS - Class B Common Stock ​ 0.90 ​ ​ 0.02 ​ ​ 0.92 ​ ​ 3.10 ​ ​ 0.02 ​ ​ 3.12 Diluted EPS - Class A Common Stock ​ 0.99 ​ ​ 0.02 ​ ​ 1.01 ​ ​ 3.39 ​ ​ 0.02 ​ ​ 3.41 Diluted EPS - Class B Common Stock ​ 0.90 ​ ​ 0.01 ​ ​ 0.91 ​ ​ 3.09 ​ ​ 0.01 ​ ​ 3.10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended September 30, 2021 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,348,977 ​ $ (409) ​ $ 5,348,568 Total Stockholders' Equity ​ 838,657 ​ ​ 409 ​ ​ 839,066 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended December 31, 2021 (Unaudited) ​ Period Ended December 31, 2021 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ 12 Months ​ Immaterial ​ 12 Months ​ As Reported Revision Revised ​ As Reported Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 51,379 ​ $ 558 ​ $ 51,937 ​ $ 226,260 ​ $ 2,146 ​ $ 228,406 Net Interest Income ​ 50,341 ​ ​ 558 ​ ​ 50,899 ​ ​ 220,594 ​ ​ 2,146 ​ ​ 222,740 Noninterest Income ​ 16,630 ​ ​ 449 ​ ​ 17,079 ​ ​ 86,859 ​ ​ (284) ​ ​ 86,575 Noninterest Expense ​ 44,585 ​ ​ 449 ​ ​ 45,034 ​ ​ 182,304 ​ ​ 761 ​ ​ 183,065 Income before income taxes ​ 19,809 ​ ​ 558 ​ ​ 20,367 ​ ​ 110,341 ​ ​ 1,101 ​ ​ 111,442 Income tax expense ​ 3,004 ​ ​ 145 ​ ​ 3,149 ​ ​ 23,552 ​ ​ 279 ​ ​ 23,831 Net income ​ 16,805 ​ ​ 413 ​ ​ 17,218 ​ ​ 86,789 ​ ​ 822 ​ ​ 87,611 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 0.84 ​ $ 0.03 ​ $ 0.87 ​ $ 4.25 ​ $ 0.04 ​ $ 4.29 Basic EPS - Class B Common Stock ​ 0.77 ​ ​ 0.01 ​ ​ 0.78 ​ ​ 3.87 ​ ​ 0.03 ​ ​ 3.90 Diluted EPS - Class A Common Stock ​ 0.84 ​ ​ 0.02 ​ ​ 0.86 ​ ​ 4.24 ​ ​ 0.04 ​ ​ 4.28 Diluted EPS - Class B Common Stock ​ 0.76 ​ ​ 0.02 ​ ​ 0.78 ​ ​ 3.85 ​ ​ 0.04 ​ ​ 3.89 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended December 31, 2021 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,259,400 ​ $ (822) ​ $ 5,258,578 Total Stockholders' Equity ​ 834,232 ​ ​ 822 ​ ​ 835,054 ​

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Nature of Operations and Principles of Consolidation	​ Nature of Operations and Principles of Consolidation — ​ Republic is a financial holding company headquartered in Louisville, Kentucky. The Bank is a Kentucky-based, state-chartered non-member financial institution that provides both traditional and non-traditional banking products through five reportable segments using a multitude of delivery channels. While the Bank operates primarily in its market footprint, its non-brick-and-mortar delivery channels allow it to reach clients across the U.S. The Captive is a Nevada-based, wholly owned insurance subsidiary of the Company. The Captive provides property and casualty insurance coverage to the Company and the Bank, as well as a group of third-party insurance captives for which insurance may not be available or economically feasible. ​ In 2005, Republic Bancorp Capital Trust, an unconsolidated trust subsidiary of Republic, was formed and issued $40 million in TPS. The sole asset of RBCT represented the proceeds of the offering loaned to Republic in exchange for a subordinated note with similar terms to the TPS. On September 30, 2021, as permitted under the terms of RBCT’s governing documents, Republic repaid the subordinated note and redeemed the TPS at par without penalty. ​ As of December 31, 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 · · · ​ 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 — ​ ​ Mortgage Banking segment — ​ Republic Processing Group ​ Tax Refund Solutions segment — Through the TRS segment, the Bank is one of a limited number of financial institutions that facilitates the receipt and payment of federal and state tax refund products and offers a credit product through third-party tax preparers located throughout the U.S., as well as tax-preparation software providers (collectively, the “Tax Providers”). The majority of all the business generated by the TRS business occurs during the first half of each year. During the second half of each year, TRS generates limited revenue and incurs costs preparing for the next year’s tax season. ​ RTs are fee-based products whereby a tax refund is issued to the taxpayer after the Bank has received the refund from the federal or state government. There is no credit risk or borrowing cost associated with these products because they are only delivered to the taxpayer upon receipt of the tax refund directly from the governmental paying authority. Fees earned by the Company on RTs, net of revenue share, are reported as noninterest income under the line item “Net refund transfer fees.” ​ The RA credit product is a loan made in conjunction with the filing of a taxpayer’s final federal tax return, which allows the taxpayer to borrow funds as an advance of a portion of their tax refund. The RA product had the following features during the first quarters of 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 disbursement methods were available with most Tax Providers, including direct deposit, prepaid card, or check, based on the taxpayer-customer’s election; ● Repayment of the RA to the Bank is deducted from the taxpayer’s tax refund proceeds; and ● If an insufficient refund to repay the RA 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 ERA credit product is similar to the RA, with the distinction of the timing of when the ERA is originated and the documentation available to underwrite the credit. The ERA is originated prior to the taxpayer receiving their fiscal year taxable income documentation, e.g. , W-2 and the filing of the taxpayer’s final federal tax return. The repayment of the ERA is incumbent upon the taxpayer client returning to the Bank’s Tax Provider for the filing of their final federal tax return in order for the tax refund to potentially be received by the Bank from the federal government to pay off the advance. The ERA product related to the first quarter 2023 tax filing season had the following features: ​ ● Offered only during December 2022 and January 2023; ● The taxpayer had the option to choose from multiple loan-amount tiers, subject to underwriting, up to a maximum advance amount of $1,000 ; ● No requirement that the taxpayer pays for another bank product, such as an RT; ● Multiple disbursement methods were available with most Tax Providers, including direct deposit or prepaid card, based on the taxpayer-customer’s election; ● Repayment of the ERA to the Bank is deducted from the taxpayer’s tax refund proceeds; and ● If an insufficient refund to repay the ERA 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 RAs, including ERAs, as interest income on loans. RAs originated related to the first quarter 2022 tax season were repaid, on average, within 32 days after the taxpayer’s tax return was submitted to the applicable taxing authority. RAs and ERAs do not have a contractual due date but the Company considered an RA, related to the first quarter 2022 tax season, delinquent 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 RAs are estimated when advances are made. Unpaid RAs, including ERAs, related to the first quarter tax season of a given year are charged-off by June 30 th ​ Related to the overall credit losses on RAs and ERAs, 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 RA and ERA approval model is based primarily on the prior-year’s tax refund payment patterns. Because the substantial majority of the RA and ERA 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 filed a stipulation of dismissal of the Lawsuit with the Delaware Court of Chancery, which was effective to dismiss the Lawsuit when filed. ​ 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 ​ ​ 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 ​ ● RCS installment loan product – Through RCS, the Bank offers 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 three different third-party service providers. ​ o For two of the programs, the Bank retains 100% of the receivables, with recourse in the event of default. ​ o For the remaining program, in some instances the Bank retains 100% of the receivables originated, with recourse in the event of default, and in other instances, the Bank 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.” ​
Use of Estimates	Use of Estimates ​
Concentration of Credit Risk	Concentration of Credit Risk ​ The Bank’s warehouse lines of credit are secured by single family, first lien residential real estate loans originated by the Bank’s mortgage clients across the United States. As of December 31, 2022, 28% of collateral securing warehouse lines was located in California. ​
Earnings Concentration	Earnings Concentration ​ For 2022, 2021, and 2020, approximately 4%, 8% and 8% of total Company net revenues (net interest income plus noninterest income) were derived from the Company’s Warehouse segment.
Cash Flows	Cash Flows ​
Interest-Bearing Deposits in Other Financial Institutions	Interest-Bearing Deposits in Other Financial Institutions ​
Debt and Equity Securities	Debt Securities ​ Interest income includes amortization of purchase premiums and accretion of discounts. Premiums and discounts on securities are generally amortized on the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. Premiums on callable securities are amortized to the earliest call date. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. ​ A debt security is placed on nonaccrual status at the time any principal or interest payments become more than 90 days delinquent. Interest accrued but not received for a security placed on nonaccrual is reversed against interest income. ​ Equity Securities — ​ Allowance for Credit Losses on Available-for-Sale Securities — For the Company’s AFS corporate bond, the Company uses third-party PD and LGD data to estimate an ACLS, which is limited by the amount that the bond’s fair value is less than its amortized cost basis. ​ For all other AFS debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For other AFS debt securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an ACLS is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an ACLS is recognized in other comprehensive income. ​ Changes in ACLS are recorded as a charge or credit to the Provision. Losses are charged against the ACLS when management believes the lack of collectability of an AFS debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. ​ Accrued interest on AFS debt securities totaled $2 million and $1 million as of December 31, 2022 and 2021 and is excluded from the ACLS. Accrued interest on AFS debt securities is presented as a component of other assets on the Company’s balance sheet. ​ Allowance for Credit Losses on Held-to-Maturity Securities — The Company measures expected credit losses on HTM debt securities on a collective basis by major security type. Accrued interest receivable on HTM debt securities totaled as of December 31, 2022 and 2021 and is excluded from the ACLS. Accrued interest on HTM debt securities is presented as a component of other assets on the Company’s balance sheet. ​ The estimate of ACLS on HTM debt securities considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. ​ The Company classifies its HTM portfolio into the following major security types: MBS, corporate bonds, and municipal bonds. MBS securities include CMOs. Nearly all of the MBS portfolio is issued by U.S. government entities or government sponsored entities. These securities are highly rated by major rating agencies and have a long history of no credit losses. The MBS portfolio also carries ratings no lower than investment grade. The Company uses PD and LGD estimates provided by a third-party to estimate an ACLS for its corporate and municipal bond portfolios. These PD and LGD estimates are updated at least quarterly by the Company, with these estimates incorporating the most recent market expectations and forecasted information.
Loans Held for Sale	Loans Held for Sale - ​ Mortgage Banking Activities ​ Commitments to fund mortgage loans (“interest rate lock commitments”) to be sold into the secondary market and non-exchange traded mandatory forward sales contracts (“forward contracts”) for the future delivery of these mortgage loans or the purchase of TBA securities are accounted for as free-standing derivatives. Fair values of these mortgage derivatives are estimated based on changes in mortgage interest rates from the date the Bank enters into the derivative. Generally, the Bank enters into forward contracts for the future delivery of mortgage loans or the purchase of TBA securities when interest rate lock commitments are entered into, in order to hedge the change in interest rates resulting from its commitments to fund the loans. Changes in the fair values of these mortgage derivatives are included in net gains on sales of loans, which is a component of Mortgage Banking income on the income statement. ​ Mortgage loans held for sale are generally sold with the MSRs retained. When mortgage loans are sold with servicing retained, servicing rights are initially recorded at fair value with the income statement effect recorded as a component of Mortgage Banking income. Fair value is based on market prices for comparable mortgage servicing contracts, when available or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. All classes of servicing assets are subsequently measured using the amortization method, which requires servicing rights to be amortized into Mortgage Banking income in proportion to, and over the period of, the estimated future net servicing income of the underlying loans. Amortization of MSRs are initially set at seven years and subsequently adjusted on a quarterly basis based on the weighted average remaining life of the underlying loans. ​ MSRs are evaluated for impairment quarterly based upon the fair value of the MSRs as compared to carrying amount. Impairment is determined by stratifying MSRs into groupings based on predominant risk characteristics, such as interest rate, loan type, loan terms and investor type. Impairment is recognized through a valuation allowance for an individual grouping, to the extent that fair value is less than the carrying amount. If the Bank later determines that all or a portion of the impairment no longer exists for a particular grouping, a reduction of the valuation allowance is recorded as an increase to income. Changes in valuation allowances are reported within Mortgage Banking income on the income statement. The fair value of the MSR portfolios is subject to significant fluctuations as a result of changes in estimated and actual prepayment speeds and default rates. ​ A primary factor influencing the fair value is the estimated life of the underlying serviced loans. The estimated life of the serviced loans is significantly influenced by market interest rates. During a period of declining interest rates, the fair value of the MSRs generally will decline due to higher expected prepayments within the portfolio. Alternatively, during a period of rising interest rates the fair value of MSRs generally will increase, as prepayments on the underlying loans would be expected to decline. ​ See Footnote 16 “Mortgage Banking Activities” in this section of the filing for management’s determination of MSR impairment. ​ ​ Loan servicing income is reported on the income statement as a component of Mortgage Banking income. Loan servicing income is recorded as loan payments are collected and includes servicing fees from investors and certain charges collected from borrowers. The fees are based on a contractual percentage of the outstanding principal, or a fixed amount per loan and are recorded as income when earned. Loan servicing income totaled $3.5 million, $3.3 million and $2.9 million for the years ended December 31, 2022, 2021, and 2020. Late fees and ancillary fees related to loan servicing are considered nominal. ​ Consumer Loans Held for Sale, at Fair Value ​ Consumer Loans Held for Sale, at Lower of Cost or Fair Value ​
Loans	Loans — ​ Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method. Premiums on loans held for investment are amortized into interest income on the level-yield method over the expected life of the loan. ​ Lease financing receivables, which are generally direct financing leases, are reported at their principal balance outstanding, including any lease residual amount, net of any unearned income, deferred loan fees and costs, and applicable ACLL. Leasing income is recognized on a basis that achieves a constant periodic rate of return on the outstanding lease financing balances over the lease terms. ​ Interest income on mortgage and commercial loans is typically discontinued at the time the loan is 80 days delinquent unless the loan is well secured and in process of collection. Past due status is based on the contractual terms of the loan, which may define past due status by the number of days or the number of payments past due. In most cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual loans and loans past due 80 days still on accrual include smaller balance, homogeneous loans that are evaluated collectively or individually for loss. ​ Interest accrued but not received for all classes of loans placed on nonaccrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured, typically a minimum of six
Purchased Credit Deteriorated Loans	Purchased Credit Deteriorated Loans — ​ ● Non-accretable discount assigned by the Bank; ● Classified by either the acquired bank or the Bank as Special Mention or Substandard; ● Nonaccrual status when purchased; ● Past due 30 days or more when purchased; ● Loans that have been at least one time over 30 days past due; ● Past maturity date when purchased; ● Select loans that are cross collateralized with any loans identified above; ​ PCD loans are recorded at the amount paid. An ACLL is determined using the same methodology as other loans held for investment. The initial ACLL determined on a collective basis is allocated to individual loans. The sum of the loan’s purchase price and ACLL becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a noncredit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the ACLL are recorded through the Provision.
Allowance for Credit Losses on Loans	Allowance for Credit Losses on Loans — ​ The ACLL is measured on a collective or pooled basis when similar risk characteristics exist. The first table of Footnote 4 illustrates the Company’s loan portfolio by ACLL risk pool. This pooling method is primarily based on the pool’s collateral type or the pool’s purpose and generally follows the Bank’s loan segmentation for regulatory reporting. For each of its loan pools, the Company uses a “static-pool” method, which analyzes historical closed pools of similar loans over their expected lives to attain a loss rate. This loss rate is then adjusted for current conditions and reasonable and supportable forecasts prior to being applied to the current balance of the analyzed pools. Adjustments to the historical loss rate for current conditions include differences in underwriting standards, portfolio mix, delinquency level, or term, as well as for changes in environmental conditions, such as changes in property values or other relevant factors. A one-year forecast adjustment to the historical loss rate is based on a forecast of the U.S. national unemployment rate, which has shown a relatively strong historical correlation to the Bank’s loan losses. For its CRE loan pool, the Company uses a one-year forecast of general CRE values. Subsequent to one-year forecasts, loss rates are assumed to immediately revert back to long-term historical averages. ​ Loans that do not share risk characteristics are evaluated on an individual basis, with the Company choosing to individually evaluate all TDRs. Loans evaluated individually are not included in the pooled evaluation but are instead evaluated under a discounted cash flow or collateral-dependent method. A collateral dependent method is used when foreclosure is probable, with expected credit losses based on the fair value of the collateral at the reporting date, adjusted for selling costs if appropriate. ​ Determining Expected Loan Lives: Expected credit losses are estimated over the contractual loan term, adjusted for expected prepayments when appropriate. The contractual term excludes expected extensions, renewals, and modifications unless either of the following applies: management has a reasonable expectation at the reporting date that a TDR will be executed with an individual borrower, or the extension or renewal options are included in the original or modified contract at the reporting date and are not unconditionally cancellable by the Company. ​ See Footnote 4 “Loans and Allowance for Credit Losses” in this section of the filing for additional discussion regarding the Company’s ACLL.
Troubled Debt Restructurings	Troubled Debt Restructurings — A TDR is a situation where, due to a borrower’s financial difficulties, the Bank grants a concession to the borrower that the Bank would not otherwise have considered. The Company measures the ACLL for TDRs individually using either a discounted cash-flow method or the collateral method, if the TDR is collateral dependent. TDRs whose ACLL is measured using a discounted cash flow method use the original pre-modification interest rate on the loan for discounting.
Transfers of Financial Assets	Transfers of Financial Assets —
Other Real Estate Owned	Other Real Estate Owned 10- 13% of each property’s fair value, depending on property class. Fair value is commonly based on recent real estate appraisals or broker price opinions. Operating costs after acquisition are expensed. ​ Appraisals for both collateral-dependent loans and OREO are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Bank. Appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Once the appraisal is received, a member of the Bank’s CCAD reviews the assumptions and approaches utilized in the appraisal, as well as the overall resulting fair value in comparison with independent data sources, such as recent market data or industry-wide statistics. On at least an annual basis, the Bank performs a back test of collateral appraisals by comparing actual selling prices on recent collateral sales to the most recent appraisal of such collateral. Back tests are performed for each collateral class, e.g., residential real estate or commercial real estate, and may lead to additional adjustments to the value of unliquidated collateral of similar class. ​
Premises and Equipment, Net	Premises and Equipment, Net — three three
Right of Use Asset and Operating Lease Liabilities	Right of Use Assets and Operating Lease Liabilities — ​ Regarding lease terms, the Company’s assumes the remaining lease term includes the fixed noncancelable term, plus all periods for which failure to renew the lease imposes a penalty on the Company, plus all periods for which the Company is reasonably certain to exercise a lease renewal option, plus all periods for which the Company is reasonably certain not to exercise a lease termination option. In determining whether it is reasonably certain to exercise a lease renewal or termination option, the Company considers its overall strategic plan and all economic and environmental circumstances connected to the leased property. ​ To discount its operating lease payments and guarantees, the Company employs the interest rate curve published by the FHLB of Cincinnati for the FHLB’s collateralized term borrowings, matching expected lease term to borrowing term. ​ The Company does not place short-term leases on its balance sheet. Short-term leases have a lease term of 12 months or less and do not include a purchase option that the Company is reasonably certain to exercise.
Federal Home Loan Bank Stock	Federal Home Loan Bank Stock
Bank Owned Life Insurance	Bank Owned Life Insurance —
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets ​ The Company has selected September 30 th ​ All goodwill is attributable to the Company’s Traditional Banking segment and is not expected to be deductible for tax purposes. Based on its assessment, the Company believes its goodwill of $16 million as of December 31, 2022 and 2021 was not impaired and is properly recorded in the consolidated financial.
Off Balance Sheet Financial Instruments	Off Balance Sheet Financial Instruments ​
Allowance for Credit Losses on Off-Balance Sheet Credit Exposures	Allowance for Credit Losses on Off-Balance Sheet Credit Exposures — The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit unless that obligation is unconditionally cancellable by the Company. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. The likelihood that funding will occur is based on the historical usage rate of such commitments. ​ For a listing of off-balance sheet credit exposures the Company generally considers for an ACLC, see Footnote 13 “Off Balance Sheet Risks, Commitments And Contingent Liabilities” in this section of the filing. ​ The ACLC is recorded as a component of other liabilities on the Company’s balance sheet. Any provision for the ACLC is recorded on the Company’s income statement as a component of other noninterest expense.
Derivatives	Derivatives ​ The accounting for changes in the fair value of a derivative depends on whether it has been designated and qualifies as part of a hedging relationship. For a derivative designated as a cash flow hedge, the effective portion of the derivative’s unrealized gain or loss is recorded as a component of other comprehensive income (loss). For derivatives not designated as hedges, the gain or loss is recognized in current period earnings. ​ Net cash settlements on interest rate swaps are recorded in interest expense and cash flows related to the swaps are classified in the cash flow statement the same as the interest expense and cash flows from the liabilities being hedged. The Bank formally documents the relationship between derivatives and hedged items, as well as the risk-management objective and the strategy for undertaking hedge transactions at the inception of the hedging relationship. This documentation includes linking cash flow hedges to specific assets and liabilities on the balance sheet. The Bank also formally assesses, both at the hedge’s inception and on an ongoing basis, whether a swap is highly effective in offsetting changes in cash flows of the hedged items. The Bank discontinues hedge accounting when it determines that the derivative is no longer effective in offsetting changes in cash flows of the hedged item, the derivative is settled or terminates, or treatment of the derivative as a hedge is no longer appropriate or intended. ​ When hedge accounting is discontinued, subsequent changes in fair value of the derivative are recorded as noninterest income. When a cash flow hedge is discontinued but the hedged cash flows or forecasted transactions are still expected to occur, gains or losses that were accumulated in other comprehensive income are amortized into earnings over the same periods that the hedged transactions will affect earnings. ​ 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 with dealer counterparties in order to minimize the Bank’s interest rate risk. These swaps are derivatives but are not designated as hedging instruments; 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 does not have credit risk.
Stock Based Compensation	Stock Based Compensation ​
Income Taxes	Income Taxes ​ A tax position is recognized as a benefit only if it is “more-likely-than-not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more-likely-than-not” test, no tax benefit is recorded. ​ The Company recognizes interest and/or penalties related to income tax matters in income tax expense.
Retirement Plans	Retirement Plans ​
Earnings Per Common Share	Earnings Per Common Share ​
Comprehensive Income	Comprehensive Income ​
Loss Contingencies	Loss Contingencies ​
Restrictions on Cash and Cash Equivalents	Restrictions on Cash and Cash Equivalents ​ The Company’s Captive maintains cash reserves to cover insurable claims. Reserves totaled $4 million as of December 31, 2022 and 2021. ​
Equity	Equity
Dividend Restrictions	Dividend Restrictions ​
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair Value”
Revenue from contracts with Customers	Revenue from Contracts with Customers - Revenue from Contracts with Customers
Segment Information	Segment Information ​
Reclassifications	Reclassifications ​
Recently Accounting Standards Adoption and Updates	Recently Adopted Accounting Standards ​ The following ASUs were adopted by the Company during the year ended December 31, 2022: ​ z ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Method of ​ Financial ASU. No. Topic Nature of Update Date Adopted Adoption 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 Updates ​ 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. Generally, if an issued-but-not-yet-effective ASU with an expected immaterial impact to the Company has been disclosed in prior Company filings, that ASU will not be subsequently redisclosed. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022-06 ​ Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 ​ This ASU extends the period of time preparers can utilize the reference rate reform relief guidance in Topic 848. The objective of the guidance in Topic 848 is to provide relief during the temporary transition period, so the FASB included a sunset provision within Topic 848 based on expectations of when the London Interbank Offered Rate (LIBOR) would cease being published. In 2021, the UK Financial Conduct Authority (FCA) delayed the intended cessation date of certain tenors of USD LIBOR to June 30, 2023. ​ January 1, 2023 ​ Prospectively ​ Immaterial. The Company ceased making new loans and renewing loans indexed to LIBOR on January 1, 2022.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedules of Accounting Standards Updates	The following ASUs were adopted by the Company during the year ended December 31, 2022: ​ z ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Method of ​ Financial ASU. No. Topic Nature of Update Date Adopted Adoption 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 ​ 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. Generally, if an issued-but-not-yet-effective ASU with an expected immaterial impact to the Company has been disclosed in prior Company filings, that ASU will not be subsequently redisclosed. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022-06 ​ Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 ​ This ASU extends the period of time preparers can utilize the reference rate reform relief guidance in Topic 848. The objective of the guidance in Topic 848 is to provide relief during the temporary transition period, so the FASB included a sunset provision within Topic 848 based on expectations of when the London Interbank Offered Rate (LIBOR) would cease being published. In 2021, the UK Financial Conduct Authority (FCA) delayed the intended cessation date of certain tenors of USD LIBOR to June 30, 2023. ​ January 1, 2023 ​ Prospectively ​ Immaterial. The Company ceased making new loans and renewing loans indexed to LIBOR on January 1, 2022.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2022 (in thousands) ​ Cost ​ Gains ​ Losses ​ Credit Losses Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 436,333 ​ $ 1 ​ $ (25,193) ​ $ — ​ $ 411,141 Private label mortgage-backed security ​ 843 ​ 1,284 ​ — ​ — ​ 2,127 Mortgage-backed securities - residential ​ 189,312 ​ 16 ​ (17,455) ​ — ​ 171,873 Collateralized mortgage obligations ​ 22,774 ​ 21 ​ (1,427) ​ — ​ 21,368 Corporate bonds ​ 10,000 ​ 1 ​ — ​ — ​ 10,001 Trust preferred security ​ 3,741 ​ 114 ​ — ​ — ​ 3,855 Total available-for-sale debt securities ​ $ 663,003 ​ $ 1,437 ​ $ (44,075) ​ $ — ​ $ 620,365 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 December 31, 2022 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ Credit Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 75,000 ​ $ 106 ​ $ — ​ $ 75,106 ​ $ — Mortgage-backed securities - residential ​ ​ 27 ​ ​ — ​ ​ (1) ​ ​ 26 ​ ​ — Collateralized mortgage obligations ​ 7,270 ​ 54 ​ (148) ​ 7,176 ​ — Corporate bonds ​ 4,974 ​ — ​ (49) ​ 4,925 ​ (10) Obligations of state and political subdivisions ​ ​ 125 ​ ​ — ​ ​ (1) ​ ​ 124 ​ ​ — Total held-to-maturity debt securities ​ $ 87,396 ​ $ 160 ​ $ (199) ​ $ 87,357 ​ $ (10) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 December 31, 2022 (in thousands) ​ Cost ​ Value ​ Cost ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due in one year or less ​ $ 41,789 ​ $ 41,433 ​ $ 125 ​ $ 124 ​ Due from one year to five years ​ 404,544 ​ 379,709 ​ 79,974 ​ 80,031 ​ Due from five years to ten years ​ — ​ — ​ — ​ — ​ Due beyond ten years ​ 3,741 ​ 3,855 ​ — ​ — ​ Private label mortgage-backed security ​ 843 ​ 2,127 ​ — ​ — ​ Mortgage-backed securities - residential ​ 189,312 ​ 171,873 ​ 27 ​ 26 ​ Collateralized mortgage obligations ​ 22,774 ​ 21,368 ​ 7,270 ​ 7,176 ​ Total debt securities ​ $ 663,003 ​ $ 620,365 ​ $ 87,396 ​ $ 87,357 ​ ​
Schedule of debt securities with unrealized losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized December 31, 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 ​ $ 229,372 ​ $ (7,139) ​ $ 171,676 ​ $ (18,054) ​ $ 401,048 ​ $ (25,193) ​ Mortgage-backed securities - residential ​ ​ 105,274 ​ ​ (7,434) ​ ​ 65,520 ​ ​ (10,021) ​ ​ 170,794 ​ ​ (17,455) ​ Collateralized mortgage obligations ​ ​ 20,418 ​ ​ (1,426) ​ ​ 6 ​ ​ (1) ​ ​ 20,424 ​ ​ (1,427) ​ Total available-for-sale debt securities ​ $ 355,064 ​ $ (15,999) ​ $ 237,202 ​ $ (28,076) ​ $ 592,266 ​ $ (44,075) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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) ​ ​
Rollforward of the private label mortgage backed security credit losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 1,462 ​ $ 1,462 ​ $ 1,462 ​ Recovery of losses previously recorded ​ — ​ — ​ — ​ Balance, end of period ​ $ 1,462 ​ $ 1,462 ​ $ 1,462 ​ ​
Schedule of allowance for credit losses on investment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLS Rollforward ​ ​ ​ Years Ended December 31, ​ ​ ​ 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 ​ ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Held-to-Maturity Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ ​ 47 ​ ​ (37) ​ ​ — ​ ​ — ​ ​ 10 ​ ​ 178 ​ ​ (131) ​ ​ — ​ ​ — ​ ​ 47 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 47 ​ $ (37) ​ $ — ​ $ — ​ $ 10 ​ $ 178 ​ $ (131) ​ $ — ​ $ — ​ $ 47 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of pledged investment securities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying amount ​ ​ $ 217,562 ​ $ 319,650 ​ Fair value ​ ​ 217,562 ​ 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 December 31, 2022 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 111 ​ $ — ​ $ 111 ​ Total equity securities with readily determinable fair values ​ $ — ​ $ 111 ​ $ — ​ $ 111 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ ​ Year Ended December 31, 2022 Year Ended December 31, 2021 ​ (in thousands) ​ Realized ​ Unrealized ​ Total ​ Realized ​ Unrealized ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ (59) ​ $ (59) ​ $ — ​ $ (390) ​ $ (390) ​ Community Reinvestment Act mutual fund ​ (204) ​ — ​ (204) ​ — ​ (73) ​ (73) ​ Total equity securities with readily determinable fair value ​ $ (204) ​ $ (59) ​ $ (263) ​ $ — ​ $ (463) ​ $ (463) ​

LOANS HELD FOR SALE (Tables)

LOANS HELD FOR SALE (Tables)	12 Months Ended
	Dec. 31, 2022
LOANS HELD FOR SALE.
Schedule of activity of consumer loans held for sale and carried at fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ ​ $ 19,747 ​ $ 3,298 ​ $ 598 Origination of consumer loans held for sale ​ ​ 311,704 ​ 271,430 ​ 58,833 Proceeds from the sale of consumer loans held for sale ​ ​ (333,438) ​ (260,730) ​ (57,814) Net gain on sale of consumer loans held for sale ​ ​ 6,693 ​ 5,749 ​ 1,681 Balance, end of period ​ ​ $ 4,706 ​ $ 19,747 ​ $ 3,298 ​
Schedule of activity of consumer loans held for sale and carried at lower of cost or fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ ​ $ 2,937 ​ $ 1,478 ​ $ 11,646 Origination of consumer loans held for sale ​ ​ 734,011 ​ 610,750 ​ 460,040 Proceeds from the sale of consumer loans held for sale ​ ​ (730,363) ​ (614,840) ​ (473,507) Net gain on sale of consumer loans held for sale ​ ​ 6,584 ​ 5,549 ​ 3,299 Balance, end of period ​ ​ $ 13,169 ​ $ 2,937 ​ $ 1,478

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	12 Months Ended
	Dec. 31, 2022
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Schedule of composition of loan portfolio	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ ​ $ 911,427 ​ $ 820,731 ​ Nonowner occupied ​ ​ 321,358 ​ 306,323 ​ Commercial real estate ​ ​ 1,599,510 ​ 1,456,009 ​ Construction & land development ​ ​ 153,875 ​ 129,337 ​ Commercial & industrial ​ ​ 408,407 ​ 340,363 ​ Paycheck Protection Program ​ ​ ​ 4,980 ​ ​ 56,014 ​ Lease financing receivables ​ ​ 10,505 ​ 8,637 ​ Aircraft ​ ​ ​ 179,785 ​ ​ 142,894 ​ Home equity ​ ​ 241,739 ​ 210,578 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ 15,473 ​ 14,510 ​ Overdrafts ​ ​ 726 ​ 683 ​ Automobile loans ​ ​ 6,731 ​ 14,448 ​ Other consumer ​ ​ 626 ​ 1,432 ​ Total Traditional Banking ​ ​ ​ 3,855,142 ​ ​ 3,501,959 ​ Warehouse lines of credit* ​ ​ 403,560 ​ 850,550 ​ Total Core Banking ​ ​ ​ 4,258,702 ​ ​ 4,352,509 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group*: ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ ​ 97,505 ​ — ​ Other TRS commercial & industrial loans ​ ​ ​ 51,767 ​ ​ 50,987 ​ Republic Credit Solutions ​ ​ 107,828 ​ 93,066 ​ Total Republic Processing Group ​ ​ ​ 257,100 ​ ​ 144,053 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total loans** ​ ​ 4,515,802 ​ 4,496,562 ​ Allowance for credit losses ​ ​ (70,413) ​ (64,577) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total loans, net ​ ​ $ 4,445,389 ​ $ 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	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Contractually receivable ​ ​ $ 4,519,136 ​ $ 4,498,671 ​ Unearned income ​ ​ (835) ​ (542) ​ Unamortized premiums ​ ​ 99 ​ 116 ​ Unaccreted discounts ​ ​ (479) ​ (641) ​ PPP net unamortized deferred origination (fees) and costs ​ ​ ​ (91) ​ ​ (1,203) ​ Other net unamortized deferred origination (fees) and costs ​ ​ (2,028) ​ 161 ​ Carrying value of loans ​ ​ $ 4,515,802 ​ $ 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 December 31, 2022 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate owner occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 231,638 ​ $ 189,495 ​ $ 188,004 ​ $ 71,306 ​ $ 208,296 ​ $ — ​ $ — ​ $ 888,739 Special Mention ​ ​ — ​ ​ 160 ​ ​ — ​ ​ — ​ ​ 7,240 ​ ​ — ​ ​ — ​ ​ 7,400 Substandard ​ ​ 1,230 ​ ​ 1,103 ​ ​ 1,501 ​ ​ 1,460 ​ ​ 9,994 ​ ​ — ​ ​ — ​ ​ 15,288 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 232,868 ​ $ 190,758 ​ $ 189,505 ​ $ 72,766 ​ $ 225,530 ​ $ — ​ $ — ​ $ 911,427 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate nonowner occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 78,337 ​ $ 91,778 ​ $ 55,058 ​ $ 32,803 ​ $ 57,053 ​ $ — ​ $ 6,147 ​ $ 321,176 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 32 ​ ​ — ​ ​ — ​ ​ 32 Substandard ​ ​ — ​ ​ 30 ​ ​ — ​ ​ — ​ ​ 120 ​ ​ — ​ ​ — ​ ​ 150 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 78,337 ​ $ 91,808 ​ $ 55,058 ​ $ 32,803 ​ $ 57,205 ​ $ — ​ $ 6,147 ​ $ 321,358 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 451,327 ​ $ 394,317 ​ $ 210,055 ​ $ 117,928 ​ $ 253,213 ​ $ 25,499 ​ $ 99,791 ​ $ 1,552,130 Special Mention ​ ​ 3,124 ​ ​ 11,870 ​ ​ — ​ ​ 21,296 ​ ​ 9,967 ​ ​ 318 ​ ​ — ​ ​ 46,575 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 805 ​ ​ — ​ ​ — ​ ​ 805 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 454,451 ​ $ 406,187 ​ $ 210,055 ​ $ 139,224 ​ $ 263,985 ​ $ 25,817 ​ $ 99,791 ​ $ 1,599,510 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction and land development: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 107,153 ​ $ 43,289 ​ $ 638 ​ $ 641 ​ $ 373 ​ $ 1,781 ​ $ — ​ $ 153,875 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 107,153 ​ $ 43,289 ​ $ 638 ​ $ 641 ​ $ 373 ​ $ 1,781 ​ $ — ​ $ 153,875 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 116,483 ​ $ 78,224 ​ $ 17,171 ​ $ 36,254 ​ $ 36,367 ​ $ 103,257 ​ $ 4,865 ​ $ 392,621 Special Mention ​ ​ 536 ​ ​ 13,239 ​ ​ — ​ ​ — ​ ​ 1,756 ​ ​ 255 ​ ​ — ​ ​ 15,786 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 117,019 ​ $ 91,463 ​ $ 17,171 ​ $ 36,254 ​ $ 38,123 ​ $ 103,512 ​ $ 4,865 ​ $ 408,407 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Paycheck Protection Program: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ 4,207 ​ $ 773 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 4,980 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ 4,207 ​ $ 773 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 4,980 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease financing receivables: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 5,469 ​ $ 1,964 ​ $ 542 ​ $ 1,548 ​ $ 982 ​ $ — ​ $ — ​ $ 10,505 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 5,469 ​ $ 1,964 ​ $ 542 ​ $ 1,548 ​ $ 982 ​ $ — ​ $ — ​ $ 10,505 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aircraft: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 65,399 ​ $ 54,749 ​ $ 35,085 ​ $ 16,888 ​ $ 7,454 ​ $ — ​ $ — ​ $ 179,575 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 210 ​ ​ — ​ ​ — ​ ​ 210 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 65,399 ​ $ 54,749 ​ $ 35,085 ​ $ 16,888 ​ $ 7,664 ​ $ — ​ $ — ​ $ 179,785 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 240,704 ​ $ — ​ $ 240,704 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 171 ​ ​ — ​ ​ 171 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 864 ​ ​ — ​ ​ 864 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 241,739 ​ $ — ​ $ 241,739 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year (Continued) ​ Amortized ​ Converted ​ ​ ​ ​ As of December 31, 2022 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 415 ​ $ 499 ​ $ 168 ​ $ 2,531 ​ $ 4,328 ​ $ 15,573 ​ $ — ​ $ 23,514 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ 9 ​ ​ 33 ​ ​ — ​ ​ — ​ ​ 42 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 415 ​ $ 499 ​ $ 168 ​ $ 2,540 ​ $ 4,361 ​ $ 15,573 ​ $ — ​ $ 23,556 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Warehouse: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 403,560 ​ $ — ​ $ 403,560 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 403,560 ​ $ — ​ $ 403,560 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TRS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 149,272 ​ $ — ​ $ 149,272 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 149,272 ​ $ — ​ $ 149,272 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RCS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 22,357 ​ $ 2,273 ​ $ 1,264 ​ $ 602 ​ $ 29,594 ​ $ 50,589 ​ $ — ​ $ 106,679 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,149 ​ ​ — ​ ​ 1,149 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 22,357 ​ $ 2,273 ​ $ 1,264 ​ $ 602 ​ $ 29,594 ​ $ 51,738 ​ $ — ​ $ 107,828 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grand Total: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 1,078,578 ​ $ 860,795 ​ $ 508,758 ​ $ 280,501 ​ $ 597,660 ​ $ 990,235 ​ $ 110,803 ​ $ 4,427,330 ​ Special Mention ​ ​ 3,660 ​ ​ 25,269 ​ ​ — ​ ​ 21,296 ​ ​ 18,995 ​ ​ 744 ​ ​ — ​ ​ 69,964 ​ Substandard ​ ​ 1,230 ​ ​ 1,133 ​ ​ 1,501 ​ ​ 1,469 ​ ​ 11,162 ​ ​ 2,013 ​ ​ — ​ ​ 18,508 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Grand Total ​ $ 1,083,468 ​ $ 887,197 ​ $ 510,259 ​ $ 303,266 ​ $ 627,817 ​ $ 992,992 ​ $ 110,803 ​ $ 4,515,802 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ ​ Years Ended December 31, ​ ​ ​ 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 ​ $ 181 ​ $ (21) ​ $ 102 ​ $ 8,909 ​ $ 9,715 ​ ​ $ (1,461) ​ $ — ​ $ 393 ​ $ 8,647 Nonowner occupied ​ ​ ​ 2,700 ​ ​ 129 ​ ​ — ​ ​ 2 ​ ​ 2,831 ​ ​ 2,466 ​ ​ ​ 231 ​ ​ — ​ ​ 3 ​ ​ 2,700 Commercial real estate ​ ​ ​ 23,769 ​ ​ (308) ​ ​ (9) ​ ​ 287 ​ ​ 23,739 ​ ​ 23,606 ​ ​ ​ 509 ​ ​ (428) ​ ​ 82 ​ ​ 23,769 Construction & land development ​ ​ ​ 4,128 ​ ​ (5) ​ ​ — ​ ​ — ​ ​ 4,123 ​ ​ 3,274 ​ ​ ​ 854 ​ ​ — ​ ​ — ​ ​ 4,128 Commercial & industrial ​ ​ ​ 3,487 ​ ​ 218 ​ ​ — ​ ​ 271 ​ ​ 3,976 ​ ​ 2,797 ​ ​ ​ 700 ​ ​ (86) ​ ​ 76 ​ ​ 3,487 Paycheck Protection Program ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — Lease financing receivables ​ ​ ​ 91 ​ ​ 19 ​ ​ — ​ ​ — ​ ​ 110 ​ ​ 106 ​ ​ ​ (15) ​ ​ — ​ ​ — ​ ​ 91 Aircraft ​ ​ ​ 357 ​ ​ 92 ​ ​ — ​ ​ — ​ ​ 449 ​ ​ 253 ​ ​ ​ 104 ​ ​ — ​ ​ — ​ ​ 357 Home equity ​ ​ ​ 4,111 ​ ​ 396 ​ ​ — ​ ​ 121 ​ ​ 4,628 ​ ​ 4,990 ​ ​ ​ (874) ​ ​ (51) ​ ​ 46 ​ ​ 4,111 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 934 ​ ​ 140 ​ ​ (155) ​ ​ 77 ​ ​ 996 ​ ​ 929 ​ ​ ​ 107 ​ ​ (163) ​ ​ 61 ​ ​ 934 Overdrafts ​ ​ ​ 683 ​ ​ 866 ​ ​ (1,038) ​ ​ 215 ​ ​ 726 ​ ​ 587 ​ ​ ​ 425 ​ ​ (641) ​ ​ 312 ​ ​ 683 Automobile loans ​ ​ ​ 186 ​ ​ (111) ​ ​ (3) ​ ​ 15 ​ ​ 87 ​ ​ 399 ​ ​ ​ (233) ​ ​ (19) ​ ​ 39 ​ ​ 186 Other consumer ​ ​ ​ 314 ​ ​ (151) ​ ​ (94) ​ ​ 66 ​ ​ 135 ​ ​ 577 ​ ​ ​ (254) ​ ​ (72) ​ ​ 63 ​ ​ 314 Total Traditional Banking ​ ​ ​ 49,407 ​ ​ 1,466 ​ ​ (1,320) ​ ​ 1,156 ​ ​ 50,709 ​ ​ 49,699 ​ ​ ​ 93 ​ ​ (1,460) ​ ​ 1,075 ​ ​ 49,407 Warehouse lines of credit ​ ​ ​ 2,126 ​ ​ (1,117) ​ ​ — ​ ​ — ​ ​ 1,009 ​ ​ 2,407 ​ ​ ​ (281) ​ ​ — ​ ​ — ​ ​ 2,126 Total Core Banking ​ ​ ​ 51,533 ​ ​ 349 ​ ​ (1,320) ​ ​ 1,156 ​ ​ 51,718 ​ ​ 52,106 ​ ​ ​ (188) ​ ​ (1,460) ​ ​ 1,075 ​ ​ 51,533 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ ​ — ​ ​ 10,471 ​ ​ (11,505) ​ ​ 4,831 ​ ​ 3,797 ​ ​ — ​ ​ ​ 6,723 ​ ​ (10,256) ​ ​ 3,533 ​ ​ — Other TRS commercial & industrial loans ​ ​ ​ 96 ​ ​ (516) ​ ​ (154) ​ ​ 665 ​ ​ 91 ​ ​ 158 ​ ​ ​ (40) ​ ​ (51) ​ ​ 29 ​ ​ 96 Republic Credit Solutions ​ ​ ​ 12,948 ​ ​ 12,081 ​ ​ (11,390) ​ ​ 1,168 ​ ​ 14,807 ​ ​ 8,803 ​ ​ ​ 8,444 ​ ​ (4,707) ​ ​ 408 ​ ​ 12,948 Total Republic Processing Group ​ ​ ​ 13,044 ​ ​ 22,036 ​ ​ (23,049) ​ ​ 6,664 ​ ​ 18,695 ​ ​ 8,961 ​ ​ ​ 15,127 ​ ​ (15,014) ​ ​ 3,970 ​ ​ 13,044 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 64,577 ​ $ 22,385 ​ $ (24,369) ​ $ 7,820 ​ $ 70,413 ​ $ 61,067 ​ ​ $ 14,939 ​ $ (16,474) ​ $ 5,045 ​ $ 64,577 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Rollforward ​ ​ ​ Year Ended December 31, 2020 ​ ​ ​ Beginning ​ ASC 326 ​ Provision ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Adoption ​ for Credit Loss ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ ​ $ 4,729 ​ $ 4,199 ​ $ 785 ​ $ (169) ​ $ 171 ​ $ 9,715 Nonowner occupied ​ ​ ​ 1,737 ​ ​ 148 ​ ​ 570 ​ ​ — ​ ​ 11 ​ ​ 2,466 Commercial real estate ​ ​ ​ 10,486 ​ ​ 273 ​ ​ 13,170 ​ ​ (795) ​ ​ 472 ​ ​ 23,606 Construction & land development ​ ​ ​ 2,152 ​ ​ 1,447 ​ ​ (325) ​ ​ — ​ ​ — ​ ​ 3,274 Commercial & industrial ​ ​ ​ 2,882 ​ ​ (1,318) ​ ​ 1,421 ​ ​ (310) ​ ​ 122 ​ ​ 2,797 Paycheck Protection Program ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ Lease financing receivables ​ ​ ​ 147 ​ ​ — ​ ​ (41) ​ ​ — ​ ​ — ​ ​ 106 Aircraft ​ ​ ​ 176 ​ ​ — ​ ​ 77 ​ ​ — ​ ​ — ​ ​ 253 Home equity ​ ​ ​ 2,721 ​ ​ 1,652 ​ ​ 516 ​ ​ (14) ​ ​ 115 ​ ​ 4,990 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 1,020 ​ ​ 33 ​ ​ 111 ​ ​ (295) ​ ​ 60 ​ ​ 929 Overdrafts ​ ​ ​ 1,169 ​ ​ — ​ ​ 79 ​ ​ (886) ​ ​ 225 ​ ​ 587 Automobile loans ​ ​ ​ 612 ​ ​ (7) ​ ​ (176) ​ ​ (60) ​ ​ 30 ​ ​ 399 Other consumer ​ ​ ​ 374 ​ ​ 307 ​ ​ (57) ​ ​ (240) ​ ​ 193 ​ ​ 577 Total Traditional Banking ​ ​ ​ 28,205 ​ ​ 6,734 ​ ​ 16,130 ​ ​ (2,769) ​ ​ 1,399 ​ ​ 49,699 Warehouse lines of credit ​ ​ ​ 1,794 ​ ​ — ​ ​ 613 ​ ​ — ​ ​ — ​ ​ 2,407 Total Core Banking ​ ​ ​ 29,999 ​ ​ 6,734 ​ ​ 16,743 ​ ​ (2,769) ​ ​ 1,399 ​ ​ 52,106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ ​ — ​ ​ — ​ ​ 13,033 ​ ​ (19,575) ​ ​ 6,542 ​ ​ — Other TRS commercial & industrial loans ​ ​ ​ 234 ​ ​ — ​ ​ 156 ​ ​ (234) ​ ​ 2 ​ ​ 158 Republic Credit Solutions ​ ​ ​ 13,118 ​ ​ — ​ ​ 1,219 ​ ​ (6,163) ​ ​ 629 ​ ​ 8,803 Total Republic Processing Group ​ ​ ​ 13,352 ​ ​ — ​ ​ 14,408 ​ ​ (25,972) ​ ​ 7,173 ​ ​ 8,961 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 43,351 ​ ​ 6,734 ​ $ 31,151 ​ $ (28,741) ​ $ 8,572 ​ $ 61,067 ​
Schedule of non-performing loans and non-performing assets and select credit quality ratios	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ Loans on nonaccrual status* ​ $ 15,562 ​ $ 20,504 ​ Loans past due 90-days-or-more and still on accrual** ​ 756 ​ 48 ​ Total nonperforming loans ​ 16,318 ​ 20,552 ​ Other real estate owned ​ 1,581 ​ 1,792 ​ Total nonperforming assets ​ $ 17,899 ​ $ 22,344 ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Quality Ratios - Total Company: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonperforming loans to total loans ​ 0.36 % 0.46 % Nonperforming assets to total loans (including OREO) ​ 0.40 ​ 0.50 ​ Nonperforming assets to total assets ​ 0.31 ​ 0.37 ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Quality Ratios - Core Bank: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonperforming loans to total loans ​ 0.37 % 0.47 % Nonperforming assets to total loans (including OREO) ​ 0.40 ​ 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* ​ December 31, (in thousands) 2022 ​ 2021 ​ 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 13,388 ​ $ 12,039 ​ ​ $ — ​ $ — ​ ​ Nonowner occupied ​ 117 ​ 95 ​ ​ — ​ — ​ ​ Commercial real estate ​ 1,001 ​ 6,557 ​ ​ — ​ — ​ ​ Construction & land development ​ — ​ — ​ ​ — ​ — ​ ​ Commercial & industrial ​ — ​ 13 ​ ​ — ​ — ​ ​ Paycheck Protection Program ​ ​ ​ ​ ​ — ​ ​ ​ — ​ ​ ​ ​ ​ Lease financing receivables ​ — ​ — ​ ​ — ​ — ​ ​ Aircraft ​ ​ ​ ​ ​ — ​ ​ ​ — ​ ​ ​ ​ ​ Home equity ​ 815 ​ 1,700 ​ ​ — ​ — ​ ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ — ​ — ​ ​ — ​ — ​ ​ Overdrafts ​ — ​ — ​ ​ — ​ 1 ​ ​ Automobile loans ​ 31 ​ 97 ​ ​ — ​ — ​ ​ Other consumer ​ 210 ​ 3 ​ ​ — ​ — ​ ​ Total Traditional Banking ​ ​ 15,562 ​ ​ 20,504 ​ ​ ​ — ​ ​ 1 ​ ​ Warehouse lines of credit ​ — ​ — ​ ​ — ​ — ​ ​ Total Core Banking ​ ​ 15,562 ​ ​ 20,504 ​ ​ ​ — ​ ​ 1 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ Other TRS commercial & industrial loans ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ Republic Credit Solutions ​ ​ — ​ ​ — ​ ​ ​ 756 ​ ​ 47 ​ ​ Total Republic Processing Group ​ ​ — ​ ​ — ​ ​ ​ 756 ​ ​ 47 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 15,562 ​ $ 20,504 ​ ​ $ 756 ​ $ 48 ​ ​ * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ ​ As of December 31, 2022 ​ December 31, 2022 ​ Nonaccrual Nonaccrual Total Interest Income ​ ​ Loans with ​ Loans without ​ Nonaccrual ​ Recognized (in thousands) ​ ACLL ​ ACLL ​ Loans ​ on Nonaccrual Loans* ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 2,252 ​ $ 11,136 ​ $ 13,388 ​ $ 1,000 Nonowner occupied ​ 56 ​ ​ 61 ​ ​ 117 ​ ​ 1 Commercial real estate ​ 1,001 ​ ​ — ​ ​ 1,001 ​ ​ 1,384 Construction & land development ​ — ​ ​ — ​ ​ — ​ ​ — Commercial & industrial ​ — ​ ​ — ​ ​ — ​ ​ — Paycheck Protection Program ​ ​ — ​ ​ — ​ ​ — ​ ​ — Lease financing receivables ​ — ​ ​ — ​ ​ — ​ ​ — Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — Home equity ​ — ​ ​ 815 ​ ​ 815 ​ ​ 263 Consumer ​ ​ 15 ​ ​ 226 ​ ​ 241 ​ ​ 16 Total ​ $ 3,324 ​ $ 12,238 ​ $ 15,562 ​ $ 2,664 * Includes interest income for loans on nonaccrual loans as of the beginning of the period that were paid off during the period. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ ​ As of December 31, 2021 ​ December 31, 2021 ​ Nonaccrual Nonaccrual Total Interest Income ​ ​ Loans with ​ Loans without ​ Nonaccrual ​ Recognized (in thousands) ​ ACLL ​ ACLL ​ Loans ​ on Nonaccrual Loans* ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 1,944 ​ $ 10,095 ​ $ 12,039 ​ $ 874 Nonowner occupied ​ 31 ​ ​ 64 ​ ​ 95 ​ ​ 6 Commercial real estate ​ 4,105 ​ ​ 2,452 ​ ​ 6,557 ​ ​ 154 Construction & land development ​ — ​ ​ — ​ ​ — ​ ​ — Commercial & industrial ​ — ​ ​ 13 ​ ​ 13 ​ ​ 3 Paycheck Protection Program ​ ​ — ​ ​ — ​ ​ — ​ ​ — Lease financing receivables ​ — ​ ​ — ​ ​ — ​ ​ — Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — Home equity ​ — ​ ​ 1,700 ​ ​ 1,700 ​ ​ 152 Consumer ​ ​ 17 ​ ​ 83 ​ ​ 100 ​ ​ 10 ​ ​ $ 6,097 ​ $ 14,407 ​ $ 20,504 ​ $ 1,199 * 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 ​ ​ ​ December 31, 2022 Days ​ Days ​ Days ​ Total ​ Total ​ ​ ​ (dollars in thousands) ​ Delinquent ​ Delinquent ​ Delinquent* ​ Delinquent** ​ Current ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 2,382 ​ $ 1,185 ​ $ 1,267 ​ $ 4,834 ​ $ 906,593 ​ $ 911,427 ​ Nonowner occupied ​ — ​ — ​ — ​ — ​ 321,358 ​ 321,358 ​ Commercial real estate ​ 604 ​ — ​ — ​ 604 ​ 1,598,906 ​ 1,599,510 ​ Construction & land development ​ — ​ — ​ — ​ — ​ 153,875 ​ 153,875 ​ Commercial & industrial ​ 177 ​ — ​ — ​ 177 ​ 408,230 ​ 408,407 ​ Paycheck Protection Program ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 4,980 ​ ​ 4,980 ​ Lease financing receivables ​ — ​ — ​ — ​ — ​ 10,505 ​ 10,505 ​ Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 179,785 ​ ​ 179,785 ​ Home equity ​ 56 ​ 93 ​ 26 ​ 175 ​ 241,564 ​ 241,739 ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 50 ​ 5 ​ — ​ 55 ​ 15,418 ​ 15,473 ​ Overdrafts ​ 158 ​ 1 ​ 1 ​ 160 ​ 566 ​ 726 ​ Automobile loans ​ 8 ​ — ​ 3 ​ 11 ​ 6,720 ​ 6,731 ​ Other consumer ​ 43 ​ 1 ​ — ​ 44 ​ 582 ​ 626 ​ Total Traditional Banking ​ ​ 3,478 ​ ​ 1,285 ​ ​ 1,297 ​ ​ 6,060 ​ ​ 3,849,082 ​ ​ 3,855,142 ​ Warehouse lines of credit ​ — ​ — ​ — ​ — ​ 403,560 ​ 403,560 ​ Total Core Banking ​ ​ 3,478 ​ ​ 1,285 ​ ​ 1,297 ​ ​ 6,060 ​ ​ 4,252,642 ​ ​ 4,258,702 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ — ​ — ​ — ​ — ​ 97,505 ​ 97,505 ​ Other TRS commercial & industrial loans ​ — ​ — ​ — ​ — ​ 51,767 ​ 51,767 ​ Republic Credit Solutions ​ ​ 6,488 ​ 1,956 ​ 756 ​ 9,200 ​ 98,628 ​ 107,828 ​ Total Republic Processing Group ​ ​ 6,488 ​ ​ 1,956 ​ ​ 756 ​ ​ 9,200 ​ ​ 247,900 ​ ​ 257,100 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 9,966 ​ $ 3,241 ​ $ 2,053 ​ $ 15,260 ​ $ 4,500,542 ​ $ 4,515,802 ​ Delinquency ratio*** ​ 0.22 % 0.07 % 0.05 % 0.34 % ​ ​ ​ ​ ​ ​ * All loans past due 90-days-or-more, excluding small balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. *** Represents total loans 30-days-or-more past due by aging category divided by total loans. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30 - 59 60 - 89 90 or More ​ ​ ​ December 31, 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ — ​ — ​ — ​ — ​ — ​ — ​ Other TRS commercial & industrial 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 small-dollar 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 divided by total loans.
Schedule of amortized cost basis of collateral-dependent loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ December 31, 2020 ​ ​ Secured Secured ​ Secured Secured ​ Secured Secured ​ ​ by Real ​ by Personal ​ by Real ​ by Personal ​ by Real ​ by Personal (in thousands) ​ Estate ​ Property ​ Estate ​ Property ​ Estate ​ Property ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 18,057 ​ $ — ​ $ 14,798 ​ $ — ​ $ 17,212 ​ $ — Nonowner occupied ​ 150 ​ — ​ 95 ​ — ​ 81 ​ — Commercial real estate ​ 1,041 ​ — ​ 6,736 ​ — ​ 10,205 ​ — Construction & land development ​ — ​ — ​ — ​ — ​ — ​ — Commercial & industrial ​ — ​ — ​ — ​ 192 ​ — ​ 12 Paycheck Protection Program ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Lease financing receivables ​ — ​ — ​ — ​ — ​ — ​ — Aircraft ​ ​ — ​ 210 ​ ​ — ​ — ​ ​ — ​ — Home equity ​ 967 ​ — ​ 1,976 ​ — ​ 2,899 ​ — Consumer ​ ​ — ​ 26 ​ ​ — ​ 274 ​ ​ — ​ 237 Total Traditional Banking ​ $ 20,215 ​ $ 236 ​ $ 23,605 ​ $ 466 ​ $ 30,397 ​ $ 249
Schedule of TDRs differentiated by loan type and accrual status	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Troubled Debt Troubled Debt Total ​ ​ Restructurings on ​ Restructurings on ​ Troubled Debt ​ ​ Nonaccrual Status ​ Accrual Status ​ Restructurings ​ Number of Recorded Number of Recorded Number of Recorded December 31, 2022 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ Residential real estate ​ 66 ​ $ 3,427 ​ 84 ​ $ 7,345 ​ 150 ​ $ 10,772 ​ Commercial real estate ​ — ​ ​ — ​ 1 ​ ​ 847 ​ 1 ​ 847 ​ Commercial & industrial ​ — ​ ​ — ​ 1 ​ ​ 1 ​ 1 ​ 1 ​ Consumer ​ 1 ​ ​ 9 ​ 2,322 ​ ​ 397 ​ 2,323 ​ ​ 406 ​ Total troubled debt restructurings ​ 67 ​ $ 3,436 ​ 2,408 ​ $ 8,590 ​ 2,475 ​ $ 12,026 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 December 31, 2022 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate loans (including home equity loans): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate reduction ​ 67 ​ $ 6,305 ​ 3 ​ $ 242 ​ 70 ​ $ 6,547 ​ Principal deferral ​ 7 ​ 699 ​ — ​ — ​ 7 ​ 699 ​ Legal modification ​ 67 ​ 3,149 ​ 6 ​ 377 ​ 73 ​ 3,526 ​ Total residential TDRs ​ 141 ​ 10,153 ​ 9 ​ 619 ​ 150 ​ 10,772 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial related and construction/land development loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate reduction ​ 1 ​ 847 ​ — ​ — ​ 1 ​ 847 ​ Principal deferral ​ 1 ​ 1 ​ — ​ — ​ 1 ​ 1 ​ Total commercial TDRs ​ 2 ​ 848 ​ — ​ — ​ 2 ​ 848 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 2,320 ​ ​ 393 ​ — ​ — ​ 2,320 ​ 393 ​ Legal modification ​ 3 ​ ​ 13 ​ — ​ ​ — ​ 3 ​ 13 ​ Total consumer TDRs ​ 2,323 ​ 406 ​ — ​ — ​ 2,323 ​ 406 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total troubled debt restructurings ​ 2,466 ​ $ 11,407 ​ 9 ​ $ 619 ​ 2,475 ​ $ 12,026 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 December 31, 2022 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate loans (including home equity loans): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate reduction ​ 1 ​ $ 192 ​ — ​ $ — ​ 1 ​ $ 192 ​ Legal modification ​ 30 ​ ​ 1,607 ​ 3 ​ ​ 297 ​ 33 ​ ​ 1,904 ​ Total residential TDRs ​ 31 ​ 1,799 ​ 3 ​ 297 ​ 34 ​ 2,096 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 1,042 ​ 145 ​ — ​ — ​ 1,042 ​ 145 ​ Total consumer TDRs ​ 1,042 ​ 145 ​ — ​ — ​ 1,042 ​ 145 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total troubled debt restructurings ​ 1,073 ​ $ 1,944 ​ 3 ​ $ 297 ​ 1,076 ​ $ 2,241 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 1 ​ $ 159 ​ — ​ $ — ​ 1 ​ $ 159 ​ Legal modification ​ 9 ​ ​ 309 ​ 5 ​ ​ 272 ​ 14 ​ ​ 581 ​ Total residential TDRs ​ 10 ​ 468 ​ 5 ​ 272 ​ 15 ​ 740 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial related and construction/land development loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 2 ​ 45 ​ — ​ — ​ 2 ​ ​ 45 ​ Total commercial TDRs ​ 2 ​ 45 ​ — ​ — ​ 2 ​ 45 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 621 ​ 92 ​ — ​ — ​ 621 ​ ​ 92 ​ Legal modification ​ 2 ​ 4 ​ — ​ — ​ 2 ​ ​ 4 ​ Total consumer TDRs ​ 623 ​ 96 ​ — ​ — ​ 623 ​ 96 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total troubled debt restructurings ​ 635 ​ $ 609 ​ 5 ​ $ 272 ​ 640 ​ $ 881 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The tables above are inclusive of loans that were TDRs at the end of previous years and were re-modified, e.g., a maturity date extension during the current year. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Troubled Debt Troubled Debt ​ ​ ​ ​ ​ ​ Restructurings ​ Restructurings ​ Total ​ ​ ​ Performing to ​ Not Performing to ​ Troubled Debt ​ ​ Modified Terms ​ Modified Terms ​ Restructurings ​ Number of Recorded Number of Recorded Number of Recorded December 31, 2020 (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment ​ Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate loans (including home equity loans): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate reduction ​ 2 ​ $ 53 ​ 1 ​ $ 3 ​ 3 ​ $ 56 ​ Legal modification ​ 15 ​ ​ 701 ​ 3 ​ ​ 131 ​ 18 ​ 832 ​ Total residential TDRs ​ 17 ​ 754 ​ 4 ​ 134 ​ 21 ​ 888 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial related and construction/land development loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 2 ​ 133 ​ — ​ — ​ 2 ​ 133 ​ Total commercial TDRs ​ 2 ​ 133 ​ — ​ — ​ 2 ​ 133 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal deferral ​ 486 ​ 71 ​ — ​ — ​ 486 ​ ​ 71 ​ Legal modification ​ 1 ​ 14 ​ — ​ ​ — ​ 1 ​ ​ 14 ​ Total consumer TDRs ​ 487 ​ 85 ​ — ​ — ​ 487 ​ 85 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total troubled debt restructurings ​ 506 ​ $ 972 ​ 4 ​ $ 134 ​ 510 ​ $ 1,106 ​ The table above is inclusive of loans that were TDRs at the end of previous years and were re-modified, e.g., a maturity date extension during the current year.
Schedule of loans by class modified as troubled debt restructurings within the previous twelve months for which there was a payment default	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ Number of Recorded Number of Recorded Number of Recorded (dollars in thousands) ​ Loans ​ Investment ​ Loans ​ Investment Loans ​ Investment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ 7 ​ $ 441 ​ 5 ​ $ 314 ​ 5 ​ $ 218 Commercial real estate ​ — ​ — ​ — ​ — ​ — ​ — Home equity ​ 2 ​ 43 ​ 1 ​ 14 ​ 2 ​ 32 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ 9 ​ $ 484 ​ 6 ​ $ 328 ​ 7 ​ $ 250 ​
Schedule of carrying amount of foreclosed properties held	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate ​ $ — ​ $ — Commercial real estate ​ ​ ​ 1,581 ​ ​ 1,792 ​ ​ ​ ​ ​ ​ ​ ​ Total other real estate owned ​ ​ $ 1,581 ​ $ 1,792 ​
Schedule of recorded investment in consumer mortgage loans secured by residential real estate properties	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure ​ $ 909 ​ $ 508 ​
Schedule of Refund Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended ​ ​ ​ December 31, ​ (dollars in thousands) ​ 2022 2021 ​ 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances originated ​ $ 311,207 ​ ​ $ 250,045 ​ ​ $ 387,762 ​ Net charge (credit) to the Provision for Refund Advances ​ ​ 6,674 ​ ​ ​ 6,723 ​ ​ ​ 13,033 ​ Provision to total Refund Advances originated ​ ​ ​ 2.14 % ​ ​ 2.69 % ​ ​ 3.36 % Refund Advances net charge-offs (recoveries) ​ $ 6,674 ​ ​ $ 6,723 ​ ​ $ 13,033 ​ Refund Advances net charge-offs (recoveries) to total Refund Advances originated ​ ​ ​ 2.14 % ​ ​ 2.69 % ​ ​ 3.36 % ​
Schedule of early season refund advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended ​ ​ ​ December 31, ​ (dollars in thousands) ​ 2022 2021 ​ 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Early Season Refund Advances originated ​ $ 97,505 ​ ​ $ — ​ ​ $ — ​ Net charge (credit) to the Provision for Early Season Refund Advances ​ ​ 3,797 ​ ​ ​ — ​ ​ ​ — ​ Provision to total Early Season Refund Advances originated ​ ​ ​ 3.89 % ​ ​ — % ​ ​ — % Early Season Refund Advances net charge-offs (recoveries) ​ $ — ​ ​ $ — ​ ​ $ — ​ ERAs net charge-offs (recoveries) to total Early Season Refund Advances originated ​ ​ ​ — % ​ ​ — % ​ ​ — %

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2022
PREMISES AND EQUIPMENT
Summary of the cost and accumulated depreciation of premises and equipment	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ Land ​ $ 3,818 ​ $ 3,818 ​ Buildings and improvements ​ 32,780 ​ 32,629 ​ Furniture, fixtures and equipment ​ 51,652 ​ 51,429 ​ Leasehold improvements ​ 21,755 ​ 22,430 ​ Construction in progress ​ 547 ​ — ​ Total premises and equipment ​ 110,552 ​ 110,306 ​ Less: Accumulated depreciation and amortization ​ 78,574 ​ 74,233 ​ Premises and equipment, net ​ $ 31,978 ​ $ 36,073 ​ ​
Schedule of depreciation expense related to premises and equipment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Depreciation expense ​ $ 7,598 ​ $ 8,986 ​ $ 9,725 ​

RIGHT-OF-USE ASSETS AND OPERA_2

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2022
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Summary of operating lease expense	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 ​ ​ 2021 ​ 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Related Party: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable lease expense ​ ​ $ 4,831 ​ $ 4,921 ​ $ 4,885 Fixed lease expense ​ ​ 207 ​ ​ ​ 137 ​ ​ 91 Third Party: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variable lease expense ​ ​ ​ 1,001 ​ ​ ​ 787 ​ ​ 786 Fixed lease expense ​ ​ ​ 1,526 ​ ​ ​ 1,372 ​ ​ 1,617 Total operating lease expense ​ ​ $ 7,565 ​ $ 7,217 ​ $ 7,379 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other information concerning operating leases: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash paid for amounts included in the measurement of operating lease liabilities ​ ​ $ 6,847 ​ ​ $ 7,286 ​ $ 7,254 Cash paid for variable rent payments not included in measurement of operating lease liabilities ​ ​ ​ 603 ​ ​ ​ — ​ ​ ​ 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	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (dollars in thousands) 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average remaining term in years ​ ​ 8.44 ​ ​ 7.57 ​ Weighted average discount rate ​ 2.10 % 3.05 % ​
Schedule of operating lease liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year (in thousands) Related Party Third Party Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 $ 4,050 $ 2,522 $ 6,572 ​ 2024 ​ 3,726 ​ 2,144 ​ 5,870 ​ 2025 ​ 3,570 ​ 1,609 ​ 5,179 ​ 2026 ​ 3,640 ​ 1,310 ​ 4,950 ​ 2027 ​ 3,680 ​ 987 ​ 4,667 ​ Thereafter ​ 11,751 ​ 3,601 ​ 15,352 ​ Total undiscounted cash flows ​ $ 30,417 ​ $ 12,173 ​ $ 42,590 ​ Discount applied to cash flows ​ ​ (3,258) ​ ​ (1,523) ​ ​ (4,781) ​ Total discounted cash flows reported as operating lease liabilities ​ $ 27,159 ​ $ 10,650 ​ $ 37,809 ​

GOODWILL AND CORE DEPOSIT INT_2

GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS
Schedule of progression of the balance for goodwill	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning of period ​ $ 16,300 ​ $ 16,300 ​ $ 16,300 Acquired goodwill ​ — ​ — ​ — Impairment ​ — ​ — ​ — End of period ​ $ 16,300 ​ $ 16,300 ​ $ 16,300 ​

INTEREST RATE SWAPS (Tables)

INTEREST RATE SWAPS (Tables)	12 Months Ended
	Dec. 31, 2022
INTEREST RATE SWAPS
Summary of interest rate swaps related to clients	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ ​ ​ ​ Notional ​ ​ ​ ​ Notional ​ ​ ​ December 31, (in thousands) Bank Position ​ Amount Fair Value Amount Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swaps with Bank clients - Assets Pay variable/receive fixed ​ $ 40,032 $ 1,386 $ 107,502 $ 5,786 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed ​ ​ 91,636 ​ ​ (6,742) ​ ​ 16,423 ​ ​ (298) Interest rate swaps with Bank clients - Total Pay variable/receive fixed ​ $ 131,668 $ (5,356) ​ $ 123,925 $ 5,488 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Offsetting interest rate swaps with institutional swap dealer - Assets ​ Pay fixed/receive variable ​ ​ ​ 91,636 ​ ​ 6,742 ​ ​ 16,423 ​ ​ 298 Offsetting interest rate swaps with institutional swap dealer - Liabilities ​ Pay fixed/receive variable ​ ​ ​ 40,032 ​ ​ (1,386) ​ ​ 107,502 ​ ​ (5,786) Offsetting interest rate swaps with institutional swap dealer - Total ​ Pay fixed/receive variable ​ ​ $ 131,668 $ 5,356 ​ $ 123,925 $ (5,488) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ ​ $ 263,336 $ — $ 247,850 $ — ​

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2022
DEPOSITS
Composition of deposit portfolio	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Core Bank: ​ ​ ​ ​ ​ ​ ​ ​ Demand ​ ​ $ 1,336,082 ​ $ 1,381,522 ​ Money market accounts ​ ​ 707,272 ​ 789,876 ​ Savings ​ ​ 323,015 ​ 311,624 ​ Reciprocal money market ​ ​ 28,635 ​ 60,685 ​ Individual retirement accounts (1) ​ ​ 38,640 ​ 43,724 ​ Time deposits, $250 and over (1) ​ ​ 54,855 ​ 81,050 ​ Other certificates of deposit (1) ​ ​ 129,324 ​ 154,174 ​ Reciprocal time deposits (1) ​ ​ 7,405 ​ 17,265 ​ Total Core Bank interest-bearing deposits ​ ​ 2,625,228 ​ 2,839,920 ​ Total Core Bank noninterest-bearing deposits ​ ​ ​ 1,464,493 ​ ​ 1,579,171 ​ Total Core Bank deposits ​ ​ ​ 4,089,721 ​ ​ 4,419,091 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ Money market accounts ​ ​ ​ 3,849 ​ ​ 9,717 ​ Total RPG interest-bearing deposits ​ ​ ​ 3,849 ​ ​ 9,717 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Brokered prepaid card deposits ​ ​ ​ 328,655 ​ ​ 320,907 ​ Other noninterest-bearing deposits ​ ​ ​ 115,620 ​ ​ 89,601 ​ Total RPG noninterest-bearing deposits ​ ​ ​ 444,275 ​ ​ 410,508 ​ Total RPG deposits ​ ​ ​ 448,124 ​ ​ 420,225 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total deposits ​ ​ $ 4,537,845 ​ $ 4,839,316 ​ (1) Represents time deposits. ​
Schedule of maturities of all time deposits, including brokered certificates of deposit	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Average Years (dollars in thousands) ​ Principal ​ Rate ​ ​ ​ ​ ​ ​ ​ 2023 ​ $ 173,120 1.40 % 2024 ​ 27,226 1.42 ​ 2025 ​ 16,815 1.45 ​ 2026 ​ 3,611 0.29 ​ 2027 ​ 8,589 1.45 ​ Thereafter ​ 128 1.98 ​ Total ​ $ 229,489 1.39 ​

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)	12 Months Ended
	Dec. 31, 2022
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE
Schedule of securities sold under agreements to repurchase	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (dollars in thousands) ​ ​ 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding balance at end of period ​ ​ ​ $ 216,956 ​ $ 290,967 ​ Weighted average interest rate at end of period ​ ​ ​ 0.41 % 0.04 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of securities pledged: ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ ​ ​ $ 254,296 ​ $ 108,813 ​ Mortgage-backed securities - residential ​ ​ ​ ​ — ​ ​ 167,561 ​ Collateralized mortgage obligations ​ ​ ​ ​ — ​ ​ 33,441 ​ Total securities pledged ​ ​ ​ $ 254,296 ​ $ 309,815 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period ​ ​ $ 265,188 ​ $ 231,430 ​ $ 204,797 ​ Average interest rate during the period ​ ​ ​ 0.15 % ​ 0.03 % 0.09 % Maximum outstanding at any month end during the period ​ ​ $ 303,315 ​ $ 432,047 ​ $ 295,698 ​

FEDERAL HOME LOAN BANK ADVANC_2

FEDERAL HOME LOAN BANK ADVANCES (Tables)	12 Months Ended
	Dec. 31, 2022
FEDERAL HOME LOAN BANK ADVANCES
Federal Home Loan Bank Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Overnight advances ​ ​ $ 75,000 ​ $ 25,000 ​ Fixed interest rate advances ​ ​ 20,000 ​ — ​ Total FHLB advances ​ ​ $ 95,000 ​ $ 25,000 ​ ​
Aggregate Future Principal Payments on FHLB Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Average Year (dollars in thousands) ​ Principal ​ Rate ​ ​ ​ ​ ​ ​ ​ 2023 $ 75,000 4.36 % 2024 ​ — ​ — ​ 2025 ​ — — ​ 2026 ​ — — ​ 2027 ​ ​ 20,000 1.89 ​ Total ​ $ 95,000 3.84 % ​
Information Regarding Overnight FHLB Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (dollars in thousands) 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding balance at end of period $ 75,000 ​ $ 25,000 ​ ​ Weighted average interest rate at end of period ​ ​ 4.36 % ​ ​ 0.14 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (dollars in thousands) 2022 ​ 2021 ​ 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period $ 4,630 ​ $ 28,767 ​ $ 25,546 ​ Average interest rate during the period ​ ​ 0.53 % ​ ​ 0.15 % ​ ​ 0.81 % Maximum outstanding at any month end during the period $ 75,000 ​ $ 25,000 ​ $ 250,000 ​ ​
Real Estate Loans Pledged	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ First lien, single family residential real estate ​ $ 1,106,287 ​ $ 1,041,461 ​ Home equity lines of credit ​ 219,644 ​ 186,396 ​

OFF BALANCE SHEET RISKS, COMM_2

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2022
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
Commitments Exclusive of Mortgage Bank Loan Commitments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Unused warehouse lines of credit ​ ​ $ 733,940 ​ $ 565,950 ​ Unused home equity lines of credit ​ ​ 410,057 ​ 348,681 ​ Unused loan commitments - other ​ ​ 951,021 ​ 828,229 ​ Standby letters of credit ​ ​ 9,735 ​ 11,305 ​ FHLB letter of credit ​ ​ 643 ​ 643 ​ Total commitments ​ ​ $ 2,105,396 ​ $ 1,754,808 ​ ​
Schedule of rollforward of the Off Balance Sheet risks ACLC	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLC Rollforward ​ ​ ​ Years Ended December 31, ​ ​ ​ 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 ​ $ 36 ​ $ — ​ $ — ​ $ 190 ​ $ 79 ​ $ 75 ​ $ — ​ $ — ​ $ 154 Unused home equity lines of credit ​ ​ ​ 247 ​ ​ 85 ​ ​ — ​ ​ — ​ ​ 332 ​ ​ 173 ​ ​ 74 ​ ​ — ​ ​ — ​ ​ 247 Unused loan commitments - other ​ ​ ​ 651 ​ ​ 77 ​ ​ — ​ ​ — ​ ​ 728 ​ ​ 737 ​ ​ (86) ​ ​ — ​ ​ — ​ ​ 651 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 1,052 ​ $ 198 ​ $ — ​ $ — ​ $ 1,250 ​ $ 989 ​ $ 63 ​ $ — ​ $ — ​ $ 1,052 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

STOCKHOLDERS' EQUITY AND REGU_2

STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL MATTERS (Tables)	12 Months Ended
	Dec. 31, 2022
STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL MATTERS
Schedule of compliance with regulatory capital requirements	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum Requirement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ to be Well Capitalized ​ ​ ​ ​ ​ ​ ​ Minimum Requirement ​ Under Prompt ​ ​ ​ ​ ​ ​ ​ for Capital Adequacy ​ Corrective Action ​ ​ Actual ​ Purposes ​ Provisions (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ $ 941,865 17.92 % $ 420,514 8.00 % ​ NA NA ​ Republic Bank & Trust Company ​ 904,592 17.23 ​ 420,040 8.00 ​ $ 525,050 10.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Common equity tier 1 capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 877,735 16.70 ​ 236,539 4.50 ​ NA NA ​ Republic Bank & Trust Company ​ 840,462 16.01 ​ 236,273 4.50 ​ 341,283 6.50 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tier 1 (core) capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 877,735 16.70 ​ 315,386 6.00 ​ NA NA ​ Republic Bank & Trust Company ​ 840,462 16.01 ​ 315,030 6.00 ​ 420,040 8.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tier 1 leverage capital to average assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 877,735 14.81 ​ 237,106 4.00 ​ NA NA ​ Republic Bank & Trust Company ​ 840,462 14.09 ​ 238,578 4.00 ​ 298,222 5.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum Requirement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ to be Well Capitalized ​ ​ ​ ​ ​ ​ ​ Minimum Requirement ​ Under Prompt ​ ​ ​ ​ ​ ​ ​ for Capital Adequacy ​ Corrective Action ​ ​ Actual ​ Purposes ​ Provisions (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ $ 879,310 17.48 % $ 402,327 8.00 % ​ NA NA ​ Republic Bank & Trust Company ​ 862,637 17.16 ​ 402,166 8.00 ​ $ 502,707 10.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Common equity tier 1 capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 824,326 16.39 ​ 226,309 4.50 ​ NA NA ​ Republic Bank & Trust Company ​ 807,653 16.07 ​ 226,218 4.50 ​ 326,760 6.50 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tier 1 (core) capital to risk-weighted assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 824,326 16.39 ​ 301,745 6.00 ​ NA NA ​ Republic Bank & Trust Company ​ 807,653 16.07 ​ 301,624 6.00 ​ 402,166 8.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tier 1 leverage capital to average assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Bancorp, Inc. ​ 824,326 13.36 ​ 246,751 4.00 ​ NA NA ​ Republic Bank & Trust Company ​ 807,653 13.11 ​ 246,334 4.00 ​ 307,917 5.00 ​

FAIR VALUE (Tables)

FAIR VALUE (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on Recurring Basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 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 ​ $ 193,385 ​ $ 217,756 ​ $ — ​ $ 411,141 ​ Private label mortgage-backed security ​ — ​ — ​ 2,127 ​ 2,127 ​ Mortgage-backed securities - residential ​ — ​ 171,873 ​ — ​ 171,873 ​ Collateralized mortgage obligations ​ — ​ 21,368 ​ — ​ 21,368 ​ Corporate bonds ​ ​ — ​ ​ 10,001 ​ ​ — ​ ​ 10,001 ​ Trust preferred security ​ — ​ — ​ 3,855 ​ 3,855 ​ Total available-for-sale debt securities ​ $ 193,385 ​ $ 420,998 ​ $ 5,982 ​ $ 620,365 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities with readily determinable fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 111 ​ $ — ​ $ 111 ​ Total equity securities with readily determinable fair value ​ $ — ​ $ 111 ​ $ — ​ $ 111 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale ​ $ — ​ $ 1,302 ​ $ — ​ $ 1,302 ​ Consumer loans held for sale ​ ​ — ​ ​ — ​ ​ 4,706 ​ ​ 4,706 ​ Consumer loans held for investment ​ ​ — ​ ​ — ​ ​ 2 ​ ​ 2 ​ Rate lock loan commitments ​ — ​ 2 ​ — ​ 2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Interest rate swap agreements ​ ​ — ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock loan commitments ​ $ — ​ $ — ​ $ — ​ $ — ​ Mandatory forward contracts ​ ​ — ​ ​ 67 ​ ​ — ​ ​ 67 ​ Interest rate swap agreements ​ ​ — ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ ​ ​ ​ ​ December 31, 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 ​ $ — ​ $ — ​ $ 1,456 ​ $ 1,456 ​ Commercial real estate ​ — ​ — ​ 906 ​ 906 ​ Total collateral-dependent loans* ​ $ — ​ $ — ​ $ 2,362 ​ $ 2,362 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate ​ $ — ​ $ — ​ $ 1,581 ​ $ 1,581 ​ Total other real estate owned ​ $ — ​ $ — ​ $ 1,581 ​ $ 1,581 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 or impaired loans measured at fair value is reconciled in a subsequent table of this Footnote. ​
Provisions for loss on collateral dependent impaired loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision on collateral-dependent loans ​ ​ $ 7 ​ $ 960 ​ $ 559 ​ ​
Other Real Estate Owned	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned carried at fair value ​ ​ $ 1,581 ​ $ 1,792 ​ $ 2,003 ​ Other real estate owned carried at cost ​ ​ — ​ — ​ 496 ​ Total carrying value of other real estate owned ​ ​ $ 1,581 ​ $ 1,792 ​ $ 2,499 ​ Other real estate owned write-downs during the years ended ​ ​ $ 211 ​ $ 211 ​ $ 105 ​ ​
Carrying amount and estimated fair values of financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 2022: ​ ​ ​ ​ ​ ​ Total ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair (in thousands) ​ Value ​ Level 1 ​ Level 2 ​ Level 3 ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 313,689 ​ $ 313,689 ​ $ — ​ $ — ​ $ 313,689 ​ Available-for-sale debt securities ​ 620,365 ​ 193,385 ​ 420,998 ​ 5,982 ​ 620,365 ​ Held-to-maturity debt securities ​ 87,386 ​ — ​ 87,357 ​ — ​ 87,357 ​ Equity securities with readily determinable fair values ​ ​ 111 ​ ​ — ​ ​ 111 ​ ​ — ​ ​ 111 ​ Mortgage loans held for sale, at fair value ​ 1,302 ​ — ​ 1,302 ​ — ​ 1,302 ​ Consumer loans held for sale, at fair value ​ ​ 4,706 ​ ​ — ​ ​ — ​ ​ 4,706 ​ ​ 4,706 ​ Consumer loans held for sale, at the lower of cost or fair value ​ ​ 13,169 ​ ​ — ​ ​ — ​ ​ 13,169 ​ ​ 13,169 ​ Loans, net ​ 4,445,389 ​ — ​ — ​ 4,276,423 ​ 4,276,423 ​ Federal Home Loan Bank stock ​ 9,146 ​ — ​ — ​ — ​ NA ​ Accrued interest receivable ​ 13,572 ​ — ​ 2,462 ​ 11,110 ​ 13,572 ​ Mortgage servicing rights ​ ​ 8,769 ​ ​ — ​ ​ 17,592 ​ ​ — ​ ​ 17,592 ​ Mandatory forward contracts ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Interest rate swap agreements ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing deposits ​ $ 1,908,768 ​ $ — ​ $ 1,908,768 ​ $ — ​ $ 1,908,768 ​ Transaction deposits ​ 2,398,853 ​ — ​ 2,398,853 ​ — ​ 2,398,853 ​ Time deposits ​ 230,224 ​ — ​ 223,912 ​ — ​ 223,912 ​ Securities sold under agreements to repurchase and other short-term borrowings ​ 216,956 ​ — ​ 216,956 ​ — ​ 216,956 ​ Federal Home Loan Bank advances ​ 95,000 ​ — ​ 93,044 ​ — ​ 93,044 ​ Accrued interest payable ​ 239 ​ — ​ 239 ​ — ​ 239 ​ Rate lock loan commitments ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Interest rate swap agreements ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ — ​ ​ 8,127 ​ ​ NA - Not applicable ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ — ​ 1,441 ​ 8,436 ​ 1,441 ​ 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 ​ $ 1,989,679 ​ $ — ​ $ 1,989,679 ​ $ — ​ $ 1,989,679 ​ Transaction deposits ​ 2,553,424 ​ — ​ 2,553,424 ​ — ​ 2,553,424 ​ Time deposits ​ 296,213 ​ — ​ 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 ​ NA - Not applicable
Nonrecurring basis
Fair Value Disclosures
Fair value inputs quantitative information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Range ​ ​ Fair ​ Valuation ​ Unobservable ​ (Weighted December 31, 2022 (dollars in thousands) ​ Value ​ Technique ​ Inputs ​ Average) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - residential real estate owner occupied ​ $ 1,456 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 41% ( 11% ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - commercial real estate ​ $ 906 Sales comparison approach Adjustments determined for differences between comparable sales 16% ( 16% ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned - commercial real estate ​ $ 1,581 Sales comparison approach Adjustments determined for differences between comparable sales 39% ( 39% ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 2,731 ​ $ 2,957 ​ $ 3,495 ​ Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in unrealized gain ​ (29) ​ 63 ​ (35) ​ Principal paydowns ​ (575) ​ (289) ​ (503) ​ Balance, end of period ​ $ 2,127 ​ $ 2,731 ​ $ 2,957 ​ ​
Private label mortgage backed security | Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2022 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Range ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Private label mortgage-backed security ​ $ 2,127 Discounted cash flow (1) Constant prepayment rate 4.5% - 4.7% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Probability of default 1.8% - 9.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (3) Loss severity 25% - 35% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ ​ $ 3,847 ​ $ 3,800 ​ $ 4,000 Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount accretion ​ ​ ​ 57 ​ ​ 53 ​ ​ 56 Net change in unrealized gain ​ ​ (49) ​ (6) ​ (256) Balance, end of period ​ ​ $ 3,855 ​ $ 3,847 ​ $ 3,800 ​
Mortgage Loans Held for Sale
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ ​ $ 1,302 ​ $ 29,393 ​ Contractual balance ​ ​ 1,265 ​ 28,668 ​ Unrealized (loss) gain ​ ​ 37 ​ 725 ​ ​
Schedule of gains and losses from changes in fair value included in earnings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ ​ $ 519 ​ $ 1,081 ​ $ 1,362 ​ Change in fair value ​ ​ (688) ​ (1,361) ​ 1,552 ​ Total included in earnings ​ ​ $ (169) ​ $ (280) ​ $ 2,914 ​ ​
Consumer loans
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ ​ $ 4,706 ​ $ 19,747 Contractual balance ​ ​ 4,734 ​ 19,633 Unrealized (loss) gain ​ ​ (28) ​ 114 ​
Schedule of gains and losses from changes in fair value included in earnings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ ​ $ 9,970 ​ $ 7,708 ​ $ 1,808 Change in fair value ​ ​ (142) ​ 100 ​ 9 Total included in earnings ​ ​ $ 9,828 ​ $ 7,808 ​ $ 1,817
Consumer loans | Nonrecurring basis
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2022 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans held for sale ​ $ 4,706 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)	12 Months Ended
	Dec. 31, 2022
MORTGAGE BANKING ACTIVITIES
Activity for Mortgage Loans Held for Sale, at fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 29,393 ​ $ 46,867 ​ $ 19,224 ​ Origination of mortgage loans held for sale ​ 205,365 ​ 680,714 ​ 782,939 ​ Proceeds from the sale of mortgage loans held for sale ​ (238,398) ​ (717,847) ​ (788,475) ​ Net gain on sale of mortgage loans held for sale ​ 4,942 ​ 19,659 ​ 33,179 ​ Balance, end of period ​ $ 1,302 ​ $ 29,393 ​ $ 46,867 ​ ​
Loans Serviced by Bank	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ FHLMC ​ ​ $ 966,677 ​ $ 1,004,199 FNMA ​ ​ ​ 420,637 ​ ​ 378,942 Total ​ ​ $ 1,387,314 ​ $ 1,383,141 ​
Components of Mortgage Banking Income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net gain realized on sale of mortgage loans held for sale ​ ​ $ 7,164 ​ $ 23,114 ​ $ 28,721 ​ Net change in fair value recognized on loans held for sale ​ ​ (688) ​ (1,361) ​ 1,552 ​ Net change in fair value recognized on rate lock loan commitments ​ ​ (1,402) ​ (3,136) ​ 3,751 ​ Net change in fair value recognized on forward contracts ​ ​ (132) ​ 1,042 ​ (845) ​ Net gain recognized ​ ​ 4,942 ​ 19,659 ​ 33,179 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan servicing income ​ ​ 3,518 ​ 3,288 ​ 2,924 ​ Amortization of mortgage servicing rights ​ ​ (2,264) ​ (3,453) ​ (3,756) ​ Change in mortgage servicing rights valuation allowance ​ ​ — ​ 500 ​ (500) ​ Net servicing income recognized ​ ​ 1,254 ​ 335 ​ (1,332) ​ Total Mortgage Banking income ​ ​ $ 6,196 ​ $ 19,994 ​ $ 31,847 ​ ​
Activity for capitalized mortgage servicing rights	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 9,196 ​ $ 7,095 ​ $ 5,888 ​ Additions ​ 1,838 ​ 5,054 ​ 5,463 ​ Amortized to expense ​ (2,264) ​ (3,453) ​ (3,756) ​ Change in valuation allowance ​ — ​ 500 ​ (500) ​ Balance, end of period ​ $ 8,770 ​ $ 9,196 ​ $ 7,095 ​ ​
Schedule of activity in the valuation allowance for capitalized mortgage servicing rights	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning valuation allowance ​ ​ ​ $ — ​ $ 500 ​ $ — Charge during the period ​ ​ ​ — ​ (500) ​ 500 Ending valuation allowance ​ ​ ​ $ — ​ $ — ​ $ 500 ​
Other information relating to mortgage servicing rights	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of mortgage servicing rights portfolio ​ ​ $ 17,145 ​ $ 11,540 ​ Monthly weighted average prepayment rate of unpaid principal balance* ​ ​ 127 % 208 % Discount rate ​ ​ ​ 10.21 % ​ 10.15 % Weighted average foreclosure rate ​ ​ ​ 0.10 % ​ 0.19 % Weighted average life in years ​ ​ 7.54 ​ 5.93 ​ * Rates are applied to individual tranches with similar characteristics. ​
Schedule of estimated future amortization expense of the MSR portfolio (net of the impairment charge)	​ ​ ​ ​ ​ ​ Year (in thousands) ​ ​ ​ ​ ​ 2023 ​ $ 1,130 ​ 2024 ​ 1,127 ​ 2025 ​ 1,124 ​ 2026 ​ 1,098 ​ 2027 ​ 1,064 ​ 2028 ​ 936 ​ Thereafter ​ 2,291 ​ Total ​ $ 8,770 ​ ​
Schedule of notional amounts and fair values of mortgage loans held for sale at fair value and mortgage banking derivatives	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 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 ​ ​ $ 1,265 ​ $ 1,302 ​ $ 28,668 ​ $ 29,393 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock loan commitments ​ ​ $ 4,118 ​ $ 2 ​ $ 56,736 ​ $ 1,404 Mandatory forward contracts ​ ​ ​ — ​ ​ — ​ ​ 70,812 ​ ​ 66 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock loan commitments ​ ​ $ — ​ $ — ​ $ — ​ $ — Mandatory forward contracts ​ ​ ​ 4,009 ​ ​ 67 ​ ​ — ​ ​ —

STOCK PLANS AND STOCK BASED C_2

STOCK PLANS AND STOCK BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2022
STOCK PLANS AND STOCK BASED COMPENSATION
Schedule of weighted average assumptions used to determine the fair value of stock options granted	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk-free interest rate ​ ​ 1.35 % ​ 0.20 % ​ 0.44 % Expected dividend yield ​ ​ 2.50 % ​ 3.18 % ​ 3.53 % Expected stock price volatility ​ ​ 32.12 % ​ 31.71 % ​ 23.71 % Expected life of options (in years) ​ ​ 4 ​ ​ 4 ​ ​ 5 ​ Estimated fair value per share ​ $ 10.41 ​ $ 6.26 ​ $ 4.06 ​ ​
Summary of stock option activity	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Weighted ​ Average ​ ​ ​ ​ ​ Options ​ Average ​ Remaining ​ Aggregate ​ ​ Class A ​ Exercise ​ Contractual ​ Intrinsic ​ Shares Price Term (years) Value Outstanding, January 1, 2022 ​ 460,502 ​ $ 37.54 ​ ​ ​ ​ ​ ​ Granted 54,281 ​ 50.34 ​ ​ ​ ​ ​ ​ Exercised (5,250) ​ 34.17 ​ ​ ​ ​ ​ ​ Forfeited or expired (44,500) ​ 40.32 ​ ​ ​ ​ ​ ​ Outstanding, December 31, 2022 ​ 465,033 ​ $ 38.81 ​ 2.25 ​ $ 2,322,635 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unvested 414,033 ​ $ 37.69 2.44 ​ $ 2,319,200 ​ Exercisable (vested) at December 31, 2022 51,000 ​ $ 47.87 0.72 ​ $ 3,435 ​ ​
Schedule of intrinsic value and cash received from options exercised and weighted average fair value of options granted	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total intrinsic value of options exercised ​ $ 57 ​ $ 1,335 ​ $ 634 Total cash received from options exercised, net of shares redeemed ​ 52 ​ (142) ​ 210 Total tax benefit of options exercised ​ ​ 6 ​ ​ 223 ​ ​ 78 ​
Schedule of loan balances of employees that were originated to fund stock option exercises	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ Outstanding loans ​ $ 178 ​ $ 239 ​ ​
Summary of activity for non-vested restricted stock awards	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Restricted Weighted-Average Weighted-Average ​ ​ Stock Awards ​ Grant Date Remaining Contractual ​ ​ Class A Shares ​ Fair Value Term (years) Outstanding, January 1, 2022 ​ 56,059 ​ $ 39.12 ​ ​ ​ Granted 12,174 ​ 46.05 ​ ​ ​ Forfeited — ​ — ​ ​ ​ Earned and issued (3,500) ​ 37.74 ​ ​ ​ Outstanding, December 31, 2022 64,733 ​ $ 40.49 ​ 1.23 ​ ​ ​ ​ ​ ​ ​ ​ ​ Unvested 64,733 ​ $ 40.49 1.23 ​
Summary of PSU activity	​ ​ ​ ​ ​ ​ ​ ​ ​ Performance ​ ​ ​ ​ ​ Stock Units ​ Weighted-Average ​ ​ Class A Shares ​ Grant Date Fair Value Outstanding, January 1, 2021 — ​ $ — Granted 10,667 ​ 36.29 Forfeited (10,667) ​ 36.29 Earned and issued — ​ — Outstanding, December 31, 2021 — ​ $ — ​ ​ ​ ​ ​ ​ Outstanding, January 1, 2022 ​ — ​ $ — Granted 8,874 ​ 51.39 Forfeited (8,874) ​ 51.39 Earned and issued — ​ — Outstanding, December 31, 2022 — ​ $ — ​ ​ ​ ​ ​ ​ ​
Schedule of expenses recorded related to stock options and restricted stock awards	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Stock option expense ​ $ 560 ​ $ 574 ​ $ 463 Restricted stock award expense ​ ​ 937 ​ ​ 738 ​ ​ 396 Performance stock unit expense ​ ​ 152 ​ ​ 129 ​ ​ — Total expense ​ $ 1,649 ​ $ 1,441 ​ $ 859 ​
Schedule of estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Stock Restricted ​ ​ Year (in thousands) ​ Options ​ Stock Awards ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ $ 622 ​ $ 565 ​ $ 1,187 ​ 2024 ​ 267 ​ 273 ​ 540 ​ 2025 ​ 38 ​ 54 ​ 92 ​ 2026 ​ 18 ​ 27 ​ 45 ​ 2027 ​ 5 ​ 8 ​ 13 ​ Total ​ $ 950 ​ $ 927 ​ $ 1,877 ​ ​
Schedule of employee stock purchase plan	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ESPP expense ​ ​ $ 104 ​ $ 104 ​ $ 94
Director
STOCK PLANS AND STOCK BASED COMPENSATION
Schedule of information on deferred compensation shares reserved for the periods	​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding ​ Weighted-Average ​ ​ Stock ​ Market Price ​ Units at Date of Deferral Outstanding, January 1, 2022 ​ 86,800 ​ $ 29.98 Deferred fees and dividend equivalents converted to stock units 18,241 ​ 46.58 Stock units converted to Class A Common Shares (5,814) ​ 49.51 Outstanding, December 31, 2022 99,227 ​ $ 31.43 ​ ​ ​ ​ ​ ​ Vested 99,227 ​ $ 31.43 ​
Schedule of deferred compensation expenses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Director deferred compensation expense ​ $ 503 ​ $ 417 ​ $ 352 ​
Key Employees
STOCK PLANS AND STOCK BASED COMPENSATION
Schedule of information on deferred compensation shares reserved for the periods	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding ​ Weighted-Average ​ Weighted-Average ​ ​ Stock ​ Market Price ​ Remaining Contractual ​ ​ Units ​ at Date of Deferral ​ Term (years) Outstanding, January 1, 2022 ​ 65,318 ​ $ 40.57 ​ ​ ​ Deferred base salaries and dividend equivalents converted to stock units 9,389 ​ 43.08 ​ ​ ​ Matching stock units credited ​ 9,315 ​ ​ 43.08 ​ ​ ​ Matching stock units forfeited ​ (1,151) ​ ​ 48.25 ​ ​ ​ Stock units converted to Class A Common Shares — ​ — ​ ​ ​ Outstanding, December 31, 2022 82,871 ​ $ 41.03 ​ 3.13 ​ ​ ​ ​ ​ ​ ​ ​ ​ Vested 47,742 ​ $ 41.47 ​ ​ ​ Unvested 35,129 ​ $ 40.43 ​ 3.13 ​
Schedule of deferred compensation expenses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Key-employee - base salary ​ ​ $ 408 ​ $ 429 ​ $ 408 Key-employee - employer match ​ ​ ​ 317 ​ ​ 178 ​ ​ 158 Total ​ ​ $ 725 ​ $ 607 ​ $ 566 ​

BENEFIT PLANS (Tables)

BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2022
BENEFIT PLANS
Schedule of normal and bonus contributions	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Employer matching contributions ​ $ 3,096 ​ $ 3,373 ​ $ 3,205 ​ Discretionary employer bonus matching contributions ​ ​ — ​ ​ — ​ ​ 117 ​ ​

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2022
INCOME TAXES
Schedule of allocation of federal income tax between current and deferred portion	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ $ 24,537 ​ $ 19,348 ​ $ 25,762 ​ State ​ 5,939 ​ 4,169 ​ 2,450 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deferred expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ ​ (4,273) ​ ​ (246) ​ ​ (7,249) ​ State ​ (464) ​ 560 ​ (1,576) ​ Total ​ $ 25,739 ​ $ 23,831 ​ $ 19,387 ​ ​
Schedule of effective tax rate that differs from that computed at the federal statutory rate	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ Federal corporate tax rate ​ 21.00 % 21.00 % 21.00 % Effect of: ​ ​ ​ ​ ​ ​ ​ ​ State taxes, net of federal benefit ​ 3.70 ​ 3.32 ​ 1.43 ​ General business tax credits ​ (1.88) ​ (1.76) ​ (2.01) ​ Nontaxable income ​ (1.00) ​ (1.06) ​ (0.75) ​ Reversal of valuation allowance/establishment of net operating loss DTA ​ ​ — ​ — ​ (0.04) ​ Tax benefit of vesting employee benefits ​ ​ (0.01) ​ (0.20) ​ (0.15) ​ Deferred tax asset due to KY HB354 ​ ​ — ​ — ​ (0.97) ​ Other, net ​ 0.22 ​ 0.08 ​ 0.38 ​ Effective tax rate ​ 22.03 ​ 21.38 ​ 18.89 ​ ​
Schedule of deferred tax assets and liabilities	​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ Deferred tax assets: ​ ​ ​ ​ ​ ​ Allowance for credit losses ​ $ 17,427 ​ $ 16,071 Operating lease liabilities ​ ​ 9,362 ​ ​ 9,884 Accrued expenses ​ 5,901 ​ 5,721 Net operating loss carryforward(1) ​ 1,371 ​ 1,550 Acquisition fair value adjustments ​ ​ 101 ​ ​ 124 Other-than-temporary impairment ​ 567 ​ 402 Paycheck Protection Program Fees ​ 31 ​ 337 R&D Capitalization ​ 2,271 ​ — Unrealized investment security losses ​ ​ 10,657 ​ ​ — Other ​ 2,217 ​ 2,079 Total deferred tax assets ​ 49,905 ​ 36,168 ​ ​ ​ ​ ​ ​ ​ Deferred tax liabilities: ​ ​ ​ ​ ​ ​ Right of use assets - operating leases ​ ​ (9,166) ​ ​ (9,673) Depreciation and amortization ​ ​ (2,835) ​ ​ (3,682) Federal Home Loan Bank dividends ​ (745) ​ (709) Deferred loan costs ​ (2,153) ​ (2,275) Lease Financing Receivables ​ ​ (1,996) ​ ​ (2,094) Mortgage servicing rights ​ (2,172) ​ (2,291) Unrealized investment securities gains ​ — ​ (625) Total deferred tax liabilities ​ (19,067) ​ (21,349) ​ ​ ​ ​ ​ ​ ​ Less: Valuation allowance ​ — ​ — Net deferred tax asset ​ $ 30,838 ​ $ 14,819 (1) The Company has federal and state net operating loss carryforwards (acquired in its 2016 Cornerstone acquisition) of $5.9 million (federal) and $3.2 million (state). These carryforwards begin to expire in 2030 for both federal and state purposes. The use of these federal and state carryforwards is each limited under IRC Section 382 to $722,000 annually for federal and $634,000 annually for state. Finally, the Company has state AMT credit carryforwards of $15,000 with no expiration date.
Schedule of reconciliation of the beginning and ending amount of unrecognized tax benefits	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 2,191 ​ $ 1,941 ​ $ 1,707 ​ Additions based on tax related to the current period ​ 950 ​ 433 ​ 455 ​ Additions for tax positions of prior periods ​ — ​ 253 ​ 24 ​ Reductions for tax positions of prior periods ​ — ​ — ​ (72) ​ Reductions due to the statute of limitations ​ (275) ​ (436) ​ (82) ​ Settlements ​ — ​ — ​ (91) ​ Balance, end of period ​ $ 2,866 ​ $ 2,191 ​ $ 1,941 ​ ​
Schedule of amount of interest and penalties	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest and penalties recorded in the income statement as a component of income tax expense ​ $ 72 ​ $ 267 ​ $ 57 ​ Interest and penalties accrued on balance sheet ​ 849 ​ 777 ​ 510 ​ ​
Schedule of low income housing tax investments and obligations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) ​ 2022 2021 ​ ​ ​ ​ ​ ​ ​ Unfunded ​ ​ ​ ​ ​ Unfunded Investment Accounting Method ​ ​ Investments ​ ​ Obligations ​ ​ Investments ​ ​ Obligations Low-income housing tax credit - Gross Proportional amortization ​ $ 42,306 ​ $ 43,609 ​ $ 33,417 ​ $ 23,383 Life-to-date amortization ​ ​ ​ (10,591) ​ ​ NA ​ ​ (6,181) ​ ​ NA Low-income housing tax credit - Net ​ ​ $ 31,715 ​ $ 43,609 ​ $ 27,236 ​ $ 23,383

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2022
EARNINGS PER SHARE
Earnings Per Share and Diluted Earnings Per Share	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands, except per share data) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 91,106 ​ $ 87,611 ​ $ 83,246 ​ Dividends declared on Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ ​ (24,122) ​ ​ (22,451) ​ ​ (21,433) ​ Class B Shares ​ ​ (2,679) ​ ​ (2,435) ​ ​ (2,288) ​ Undistributed net income for basic earnings per share ​ ​ 64,305 ​ ​ 62,725 ​ ​ 59,525 ​ Weighted average potential dividends on Class A shares upon exercise of dilutive options ​ ​ (87) ​ ​ (100) ​ ​ (35) ​ Undistributed net income for diluted earnings per share ​ $ 64,218 ​ $ 62,625 ​ $ 59,490 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ 17,876 ​ 18,497 ​ 18,838 ​ Class B Shares ​ ​ 2,161 ​ ​ 2,178 ​ ​ 2,201 ​ Effect of dilutive securities on Class A Shares outstanding ​ 64 ​ 82 ​ 30 ​ Weighted average shares outstanding including dilutive securities ​ 20,101 ​ 20,757 ​ 21,069 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 1.36 ​ $ 1.23 ​ $ 1.14 ​ Undistributed earnings per share* ​ ​ 3.24 ​ ​ 3.06 ​ ​ 2.86 ​ Total basic earnings per share - Class A Common Stock ​ $ 4.60 ​ $ 4.29 ​ $ 4.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 1.24 ​ $ 1.12 ​ $ 1.04 ​ Undistributed earnings per share* ​ ​ 2.95 ​ ​ 2.78 ​ ​ 2.60 ​ Total basic earnings per share - Class B Common Stock ​ $ 4.19 ​ $ 3.90 ​ $ 3.64 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 1.36 ​ $ 1.23 ​ $ 1.14 ​ Undistributed earnings per share* ​ ​ 3.23 ​ ​ 3.05 ​ ​ 2.85 ​ Total diluted earnings per share - Class A Common Stock ​ $ 4.59 ​ $ 4.28 ​ $ 3.99 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 1.24 ​ $ 1.12 ​ $ 1.04 ​ Undistributed earnings per share* ​ ​ 2.93 ​ ​ 2.77 ​ ​ 2.59 ​ Total diluted earnings per share - Class B Common Stock ​ $ 4.17 ​ $ 3.89 ​ $ 3.63 ​ *To arrive at undistributed earnings per share, undistributed net income is first pro rated between Class A and Class B Common Shares, with Class A Common Shares receiving a 10% premium. The resulting pro-rated, undistributed net income for each class is then divided by the weighted average shares for each class. ​
Antidilutive Stock Options	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ Antidilutive stock options ​ ​ 178,000 144,000 338,995 ​ Average antidilutive stock options ​ ​ 128,000 142,625 282,489 ​

TRANSACTIONS WITH RELATED PAR_2

TRANSACTIONS WITH RELATED PARTIES AND THEIR AFFILIATES (Tables)	12 Months Ended
	Dec. 31, 2022
TRANSACTIONS WITH RELATED PARTIES AND THEIR AFFILIATES
Schedule of loans made to executive officers and directors of the company and their related interests	​ ​ ​ ​ ​ ​ ​ (in thousands) ​ ​ ​ ​ ​ Beginning balance ​ $ 7,448 ​ Effect of changes in composition of related parties ​ (740) ​ New loans ​ 3,728 ​ Repayments ​ (3,609) ​ Ending balance ​ $ 6,827 ​ ​

OTHER COMPREHENSIVE INCOME (Tab

OTHER COMPREHENSIVE INCOME (Tables)	12 Months Ended
	Dec. 31, 2022
OTHER COMPREHENSIVE INCOME
Summary of OCI components and related tax effects	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) ​ ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Debt Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized losses on AFS debt securities ​ ​ $ (45,109) ​ $ (8,908) ​ $ 7,147 Unrealized (loss) gain on AFS debt security for which a portion of OTTI has been recognized in earnings ​ ​ (29) ​ 63 ​ (35) Net gains (losses) ​ ​ (45,138) ​ (8,845) ​ 7,112 Tax effect ​ ​ 11,285 ​ 2,210 ​ (1,778) Net of tax ​ ​ (33,853) ​ (6,635) ​ 5,334 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash Flow Hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in fair value of derivatives used for cash flow hedges ​ ​ — ​ — ​ (177) Reclassification amount for net derivative losses realized in income ​ ​ — ​ — ​ 281 Net gains (losses) ​ ​ — ​ — ​ 104 Tax effect ​ ​ — ​ — ​ (27) Net of tax ​ ​ — ​ — ​ 77 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other comprehensive (loss) income components, net of tax ​ ​ $ (33,853) ​ $ (6,635) ​ $ 5,411 ​
Summary of amounts reclassified out of each component of AOCI	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amounts Reclassified From ​ ​ Affected Line Items ​ ​ ​ Accumulated Other ​ ​ in the Consolidated ​ ​ ​ Comprehensive Income (Loss) Years Ended December 31, (in thousands) Statements of Income ​ 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash Flow Hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on money market deposits Interest expense on deposits ​ ​ ​ — ​ — ​ (138) Interest rate swap on FHLB advance Interest expense on FHLB advances ​ ​ ​ — ​ — ​ (143) Total derivative losses on cash flow hedges Total interest expense ​ ​ ​ — ​ — ​ (281) Tax effect Income tax expense ​ ​ ​ — ​ — ​ 70 Net of tax Net income ​ ​ ​ — ​ — ​ (211) ​
Summary of the AOCI balances, net of tax	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ ​ (in thousands) ​ December 31, 2021 ​ Change ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ 890 ​ $ (33,824) ​ $ (32,934) ​ Unrealized (loss) gain on AFS debt security for which a portion of OTTI has been recognized in earnings ​ 984 ​ (29) ​ 955 ​ Total unrealized gain (loss) ​ $ 1,874 ​ $ (33,853) ​ $ (31,979) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 ​ ​ (in thousands) ​ December 31, 2020 ​ Change ​ December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ 7,571 ​ $ (6,681) ​ $ 890 ​ Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings ​ 938 ​ 46 ​ 984 ​ Total unrealized gain (loss) ​ $ 8,509 ​ $ (6,635) ​ $ 1,874 ​

PARENT COMPANY CONDENSED FINA_2

PARENT COMPANY CONDENSED FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2022
PARENT COMPANY CONDENSED FINANCIAL INFORMATION
Schedule of balance sheets	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, (in thousands) 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 36,436 ​ $ 16,881 ​ Security available for sale ​ ​ 3,855 ​ ​ 3,847 ​ Investment in bank subsidiary ​ 819,144 ​ 818,092 ​ Investment in non-bank subsidiaries ​ 2,773 ​ 2,409 ​ Other assets ​ 2,465 ​ 3,741 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets ​ $ 864,673 ​ $ 844,970 ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities and Stockholders’ Equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Subordinated note ​ $ — ​ $ — ​ Other liabilities ​ 8,060 ​ 9,916 ​ Stockholders’ equity ​ 856,613 ​ 835,054 ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities and stockholders’ equity ​ $ 864,673 ​ $ 844,970 ​ ​
Schedule of statements of income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income and expenses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Dividends from subsidiary ​ $ 59,460 ​ $ 28,300 ​ $ 25,980 ​ Interest income ​ 229 ​ 143 ​ 182 ​ Other income ​ 54 ​ 53 ​ 57 ​ Less: Interest expense ​ — ​ 507 ​ 1,000 ​ Less: Other expenses ​ 819 ​ 760 ​ 691 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax benefit ​ 58,924 ​ 27,229 ​ 24,528 ​ Income tax benefit ​ 124 ​ 245 ​ 344 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before equity in undistributed net income of subsidiaries ​ 59,048 ​ 27,474 ​ 24,872 ​ Equity in undistributed net income of subsidiaries ​ 32,058 ​ 60,137 ​ 58,374 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 91,106 ​ $ 87,611 ​ $ 83,246 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprehensive income ​ $ 57,253 ​ $ 80,976 ​ $ 88,657 ​ ​
Schedule of statements of cash flows	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, (in thousands) 2022 2021 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 91,106 ​ $ 87,611 ​ $ 83,246 ​ Adjustments to reconcile net income to net cash provided by operating activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accretion of investment security ​ ​ (56) ​ ​ (53) ​ ​ (56) ​ Equity in undistributed net income of subsidiaries ​ (32,058) ​ (60,137) ​ (58,374) ​ Director deferred compensation - Parent Company ​ 427 ​ 347 ​ 181 ​ Change in other assets ​ 4,571 ​ (736) ​ 1,609 ​ Change in other liabilities ​ (5,428) ​ 1,694 ​ 54 ​ Net cash provided by operating activities ​ 58,562 ​ 28,726 ​ 26,660 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investing activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in venture capital fund ​ (337) ​ — ​ — ​ Investment in subsidiary bank ​ ​ (590) ​ ​ (591) ​ ​ (533) ​ Net cash used in investing activities ​ (927) ​ (591) ​ (533) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financing activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Common Stock repurchases ​ (12,577) ​ ​ (47,528) ​ (3,935) ​ Net proceeds from Class A Common Stock purchased through employee stock purchase plan ​ ​ 590 ​ ​ 591 ​ ​ 533 ​ Net proceeds from Common Stock options exercised ​ 52 ​ (142) ​ — ​ Payoff of subordinated note, net of common security interest ​ ​ — ​ ​ (40,000) ​ ​ — ​ Cash dividends paid ​ (26,145) ​ (24,699) ​ (23,204) ​ Net cash used in financing activities ​ (38,080) ​ (111,778) ​ (26,606) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in cash and cash equivalents ​ 19,555 ​ (83,643) ​ (479) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents at beginning of period ​ 16,881 ​ 100,524 ​ 101,003 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents at end of period ​ $ 36,436 ​ $ 16,881 ​ $ 100,524 ​

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	12 Months Ended
	Dec. 31, 2022
REVENUE FROM CONTRACTS WITH CUSTOMERS
Schedule of net revenues by reportable segments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 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) ​ $ 171,543 ​ $ 13,729 ​ $ 519 ​ $ 185,791 ​ ​ $ 21,715 ​ $ 29,185 ​ ​ $ 50,900 ​ ​ ​ $ 236,691 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 13,388 ​ ​ 50 ​ ​ — ​ ​ ​ 13,438 ​ ​ ​ (12) ​ ​ — ​ ​ ​ (12) ​ ​ ​ ​ 13,426 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 17,080 ​ — ​ ​ 17,080 ​ ​ ​ 17,080 ​ Mortgage banking income (1) ​ — ​ — ​ 6,196 ​ ​ 6,196 ​ ​ — ​ — ​ ​ — ​ ​ ​ 6,196 ​ Interchange fee income ​ ​ 12,943 ​ ​ — ​ ​ — ​ ​ ​ 12,943 ​ ​ ​ 182 ​ ​ — ​ ​ ​ 182 ​ ​ ​ ​ 13,125 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 2,872 ​ ​ 13,300 ​ ​ ​ 16,172 ​ ​ ​ ​ 16,172 ​ Increase in cash surrender value of BOLI (1) ​ ​ 2,526 ​ ​ — ​ ​ — ​ ​ ​ 2,526 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 2,526 ​ Net losses on OREO ​ ​ (211) ​ ​ — ​ ​ — ​ ​ ​ (211) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (211) ​ Contract termination fee ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 5,000 ​ ​ — ​ ​ ​ 5,000 ​ ​ ​ ​ 5,000 ​ Legal settlement ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 13,000 ​ ​ — ​ ​ ​ 13,000 ​ ​ ​ ​ 13,000 ​ Other ​ 3,002 ​ — ​ 136 ​ ​ 3,138 ​ ​ 358 ​ — ​ ​ 358 ​ ​ ​ 3,496 ​ Total noninterest income ​ 31,648 ​ 50 ​ 6,332 ​ ​ 38,030 ​ ​ 38,480 ​ 13,300 ​ ​ 51,780 ​ ​ ​ 89,810 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 203,191 ​ $ 13,779 ​ $ 6,851 ​ ​ $ 223,821 ​ ​ $ 60,195 ​ $ 42,485 ​ ​ $ 102,680 ​ ​ ​ $ 326,501 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 63 % ​ 4 % ​ 2 % ​ ​ 69 % ​ ​ 18 % ​ 13 % ​ ​ 31 % ​ ​ ​ 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. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, 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) ​ $ 157,249 ​ $ 25,218 ​ $ 1,081 ​ $ 183,548 ​ ​ $ 15,837 ​ $ 23,355 ​ ​ $ 39,192 ​ ​ ​ $ 222,740 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 12,506 ​ ​ 57 ​ ​ — ​ ​ ​ 12,563 ​ ​ ​ (10) ​ ​ — ​ ​ ​ (10) ​ ​ ​ ​ 12,553 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 20,248 ​ — ​ ​ 20,248 ​ ​ ​ 20,248 ​ Mortgage banking income (1) ​ — ​ — ​ 19,994 ​ ​ 19,994 ​ ​ — ​ — ​ ​ — ​ ​ ​ 19,994 ​ Interchange fee income ​ ​ 12,777 ​ ​ — ​ ​ — ​ ​ ​ 12,777 ​ ​ ​ 285 ​ ​ — ​ ​ ​ 285 ​ ​ ​ ​ 13,062 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 3,171 ​ ​ 11,066 ​ ​ ​ 14,237 ​ ​ ​ ​ 14,237 ​ Increase in cash surrender value of BOLI (1) ​ ​ 2,242 ​ ​ — ​ ​ — ​ ​ ​ 2,242 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 2,242 ​ Net losses on OREO ​ ​ (160) ​ ​ — ​ ​ — ​ ​ ​ (160) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (160) ​ Other ​ 4,127 ​ — ​ 191 ​ ​ 4,318 ​ ​ 81 ​ — ​ ​ 81 ​ ​ ​ 4,399 ​ Total noninterest income ​ 31,492 ​ 57 ​ 20,185 ​ ​ 51,734 ​ ​ 23,775 ​ 11,066 ​ ​ 34,841 ​ ​ ​ 86,575 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 188,741 ​ $ 25,275 ​ $ 21,266 ​ ​ $ 235,282 ​ ​ $ 39,612 ​ $ 34,421 ​ ​ $ 74,033 ​ ​ ​ $ 309,315 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 61 % ​ 8 % ​ 7 % ​ ​ 76 % ​ ​ 13 % ​ 11 % ​ ​ 24 % ​ ​ ​ 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. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2020 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ Mortgage ​ ​ Core ​ ​ Refund ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ Banking ​ ​ Banking ​ ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income (1) ​ $ 159,381 ​ $ 25,957 ​ $ 1,362 ​ $ 186,700 ​ ​ $ 22,972 ​ $ 22,643 ​ ​ $ 45,615 ​ ​ ​ $ 232,315 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 11,571 ​ ​ 63 ​ ​ — ​ ​ ​ 11,634 ​ ​ ​ (19) ​ ​ — ​ ​ ​ (19) ​ ​ ​ ​ 11,615 ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 20,297 ​ — ​ ​ 20,297 ​ ​ ​ 20,297 ​ Mortgage banking income (1) ​ — ​ — ​ 31,847 ​ ​ 31,847 ​ ​ — ​ — ​ ​ — ​ ​ ​ 31,847 ​ Interchange fee income ​ ​ 10,978 ​ ​ — ​ ​ — ​ ​ ​ 10,978 ​ ​ ​ 210 ​ ​ — ​ ​ ​ 210 ​ ​ ​ ​ 11,188 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 2,193 ​ ​ 4,902 ​ ​ ​ 7,095 ​ ​ ​ ​ 7,095 ​ Increase in cash surrender value of BOLI (1) ​ ​ 1,585 ​ ​ — ​ ​ — ​ ​ ​ 1,585 ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 1,585 ​ Net losses on OREO ​ ​ (40) ​ ​ — ​ ​ — ​ ​ ​ (40) ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (40) ​ Gain on branch divestiture(1) ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ — ​ Other ​ 3,310 ​ (39) ​ 103 ​ ​ 3,374 ​ ​ 92 ​ — ​ ​ 92 ​ ​ ​ 3,466 ​ Total noninterest income ​ 27,404 ​ 24 ​ 31,950 ​ ​ 59,378 ​ ​ 22,773 ​ 4,902 ​ ​ 27,675 ​ ​ ​ 87,053 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 186,785 ​ $ 25,981 ​ $ 33,312 ​ ​ $ 246,078 ​ ​ $ 45,745 ​ $ 27,545 ​ ​ $ 73,290 ​ ​ ​ $ 319,368 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 59 % ​ 8 % ​ 10 % ​ ​ 77 % ​ ​ 14 % ​ 9 % ​ ​ 23 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2022
SEGMENT INFORMATION
Segment Information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 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 ​ $ 171,543 ​ $ 13,729 ​ $ 519 ​ ​ $ 185,791 ​ ​ $ 21,715 ​ $ 29,185 ​ ​ $ 50,900 ​ ​ ​ $ 236,691 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 1,429 ​ (1,117) ​ — ​ ​ 312 ​ ​ 9,955 ​ 12,081 ​ ​ 22,036 ​ ​ ​ 22,348 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 17,080 ​ — ​ ​ 17,080 ​ ​ ​ 17,080 ​ Mortgage banking income ​ — ​ — ​ 6,196 ​ ​ 6,196 ​ ​ — ​ — ​ ​ — ​ ​ ​ 6,196 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 2,872 ​ ​ 13,300 ​ ​ ​ 16,172 ​ ​ ​ ​ 16,172 ​ Contract termination fee ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 5,000 ​ ​ — ​ ​ ​ 5,000 ​ ​ ​ ​ 5,000 ​ Legal settlement ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 13,000 ​ ​ — ​ ​ ​ 13,000 ​ ​ ​ ​ 13,000 ​ Other noninterest income ​ 31,648 ​ 50 ​ 136 ​ ​ 31,834 ​ ​ 528 ​ — ​ ​ 528 ​ ​ ​ 32,362 ​ Total noninterest income ​ 31,648 ​ 50 ​ 6,332 ​ ​ 38,030 ​ ​ 38,480 ​ 13,300 ​ ​ 51,780 ​ ​ ​ 89,810 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 149,681 ​ 3,604 ​ 9,912 ​ ​ 163,197 ​ ​ 15,717 ​ 8,394 ​ ​ 24,111 ​ ​ ​ 187,308 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income tax expense ​ 52,081 ​ 11,292 ​ (3,061) ​ ​ 60,312 ​ ​ 34,523 ​ 22,010 ​ ​ 56,533 ​ ​ ​ 116,845 ​ Income tax expense (benefit) ​ ​ 11,104 ​ ​ 2,539 ​ ​ (673) ​ ​ ​ 12,970 ​ ​ ​ 7,847 ​ ​ 4,922 ​ ​ ​ 12,769 ​ ​ ​ ​ 25,739 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) ​ $ 40,977 ​ $ 8,753 ​ $ (2,388) ​ ​ $ 47,342 ​ ​ $ 26,676 ​ $ 17,088 ​ ​ $ 43,764 ​ ​ ​ $ 91,106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,894,773 ​ $ 405,052 ​ $ 13,938 ​ ​ $ 5,313,763 ​ ​ $ 409,259 ​ $ 112,521 ​ ​ $ 521,780 ​ ​ ​ $ 5,835,543 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.38 % 2.69 % NM ​ ​ 3.32 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 4.12 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 63 % ​ 4 % ​ 2 % ​ ​ 69 % ​ ​ 18 % ​ 13 % ​ ​ 31 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 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 ​ $ 157,249 ​ $ 25,218 ​ $ 1,081 ​ ​ $ 183,548 ​ ​ $ 15,837 ​ $ 23,355 ​ ​ $ 39,192 ​ ​ ​ $ 222,740 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ (38) ​ (281) ​ — ​ ​ (319) ​ ​ 6,683 ​ 8,444 ​ ​ 15,127 ​ ​ ​ 14,808 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 20,248 ​ — ​ ​ 20,248 ​ ​ ​ 20,248 ​ Mortgage banking income ​ — ​ — ​ 19,994 ​ ​ 19,994 ​ ​ — ​ — ​ ​ — ​ ​ ​ 19,994 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 3,171 ​ ​ 11,066 ​ ​ ​ 14,237 ​ ​ ​ ​ 14,237 ​ Other noninterest income ​ 31,492 ​ 57 ​ 191 ​ ​ 31,740 ​ ​ 356 ​ — ​ ​ 356 ​ ​ ​ 32,096 ​ Total noninterest income ​ 31,492 ​ 57 ​ 20,185 ​ ​ 51,734 ​ ​ 23,775 ​ 11,066 ​ ​ 34,841 ​ ​ ​ 86,575 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 145,376 ​ 4,210 ​ 12,356 ​ ​ 161,942 ​ ​ 16,344 ​ 4,779 ​ ​ 21,123 ​ ​ ​ 183,065 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 43,403 ​ 21,346 ​ 8,910 ​ ​ 73,659 ​ ​ 16,585 ​ 21,198 ​ ​ 37,783 ​ ​ ​ 111,442 ​ Income tax expense ​ 7,685 ​ 4,962 ​ 1,960 ​ ​ 14,607 ​ ​ 3,964 ​ 5,260 ​ ​ 9,224 ​ ​ ​ 23,831 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 35,718 ​ $ 16,384 ​ $ 6,950 ​ ​ $ 59,052 ​ ​ $ 12,621 ​ $ 15,938 ​ ​ $ 28,559 ​ ​ ​ $ 87,611 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,717,836 ​ $ 850,703 ​ $ 43,929 ​ ​ $ 5,612,468 ​ ​ $ 371,647 ​ $ 109,517 ​ ​ $ 481,164 ​ ​ ​ $ 6,093,632 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.18 % 3.37 % NM ​ ​ 3.20 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 3.79 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 61 % ​ 8 % ​ 7 % ​ ​ 76 % ​ ​ 13 % ​ 11 % ​ ​ 24 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2020 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Tax Republic ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ Mortgage ​ ​ Core ​ ​ Refund ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ Banking ​ ​ Banking ​ ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income ​ $ 159,381 ​ $ 25,957 ​ $ 1,362 ​ ​ $ 186,700 ​ ​ $ 22,972 ​ $ 22,643 ​ ​ $ 45,615 ​ ​ ​ $ 232,315 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 16,257 ​ 613 ​ — ​ ​ 16,870 ​ ​ 13,189 ​ 1,219 ​ ​ 14,408 ​ ​ ​ 31,278 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ — ​ ​ — ​ ​ 20,297 ​ — ​ ​ 20,297 ​ ​ ​ 20,297 ​ Mortgage banking income ​ — ​ — ​ 31,847 ​ ​ 31,847 ​ ​ — ​ — ​ ​ — ​ ​ ​ 31,847 ​ Program fees ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ 2,193 ​ ​ 4,902 ​ ​ ​ 7,095 ​ ​ ​ ​ 7,095 ​ Gain on branch divestiture ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ — ​ Other noninterest income ​ 27,404 ​ 24 ​ 103 ​ ​ 27,531 ​ ​ 283 ​ — ​ ​ 283 ​ ​ ​ 27,814 ​ Total noninterest income ​ 27,404 ​ 24 ​ 31,950 ​ ​ 59,378 ​ ​ 22,773 ​ 4,902 ​ ​ 27,675 ​ ​ ​ 87,053 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 149,061 ​ 4,387 ​ 10,760 ​ ​ 164,208 ​ ​ 17,514 ​ 3,735 ​ ​ 21,249 ​ ​ ​ 185,457 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 21,467 ​ 20,981 ​ 22,552 ​ ​ 65,000 ​ ​ 15,042 ​ 22,591 ​ ​ 37,633 ​ ​ ​ 102,633 ​ Income tax expense ​ 1,395 ​ 4,721 ​ 4,736 ​ ​ 10,852 ​ ​ 3,323 ​ 5,212 ​ ​ 8,535 ​ ​ ​ 19,387 ​ Net income ​ $ 20,072 ​ $ 16,260 ​ $ 17,816 ​ ​ $ 54,148 ​ ​ $ 11,719 ​ $ 17,379 ​ ​ $ 29,098 ​ ​ ​ $ 83,246 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 4,750,460 ​ $ 962,692 ​ $ 62,400 ​ ​ $ 5,775,552 ​ ​ $ 285,612 ​ $ 107,161 ​ ​ $ 392,773 ​ ​ ​ $ 6,168,325 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.42 % 3.19 % NM ​ ​ 3.39 % ​ NM ​ NM ​ ​ NM ​ ​ ​ 4.10 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 59 % ​ 8 % ​ 10 % ​ ​ 77 % ​ ​ 14 % ​ 9 % ​ ​ 23 % ​ ​ ​ 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.

CORRECTION OF PRIOR PERIOD ER_2

CORRECTION OF PRIOR PERIOD ERROR (Tables)	12 Months Ended
	Dec. 31, 2022
CORRECTION OF PRIOR PERIOD ERROR
Schedule presenting the impact of correcting the accounting errors on the Company's previously reported financial statements	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended March 31, 2022 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ As Reported Revision Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 63,555 ​ $ 555 ​ $ 64,110 Net Interest Income ​ 62,612 ​ ​ 555 ​ ​ 63,167 Income before income taxes ​ 35,814 ​ ​ 555 ​ ​ 36,369 Income tax expense ​ 7,888 ​ ​ 131 ​ ​ 8,019 Net income ​ 27,926 ​ ​ 424 ​ ​ 28,350 ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 1.40 ​ $ 0.02 ​ $ 1.42 Basic EPS - Class B Common Stock ​ 1.27 ​ ​ 0.02 ​ ​ 1.29 Diluted EPS - Class A Common Stock ​ 1.40 ​ ​ 0.02 ​ ​ 1.42 Diluted EPS - Class B Common Stock ​ 1.27 ​ ​ 0.02 ​ ​ 1.29 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended March 31, 2022 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,509,540 ​ $ (1,247) ​ $ 5,508,293 Total Stockholders' Equity ​ 840,329 ​ ​ 1,247 ​ ​ 841,576 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended June 30, 2022 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ 6 Months ​ Immaterial ​ 6 Months ​ As Reported Revision Revised As Reported Revision Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 52,320 ​ $ 582 ​ $ 52,902 ​ $ 115,875 ​ $ 1,137 ​ $ 117,012 Net Interest Income ​ 51,232 ​ ​ 582 ​ ​ 51,814 ​ ​ 113,844 ​ ​ 1,137 ​ ​ 114,981 Income before income taxes ​ 30,440 ​ ​ 582 ​ ​ 31,022 ​ ​ 66,254 ​ ​ 1,137 ​ ​ 67,391 Income tax expense ​ 6,539 ​ ​ 136 ​ ​ 6,675 ​ ​ 14,427 ​ ​ 267 ​ ​ 14,694 Net income ​ 23,901 ​ ​ 446 ​ ​ 24,347 ​ ​ 51,827 ​ ​ 870 ​ ​ 52,697 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 1.20 ​ $ 0.03 ​ $ 1.23 ​ $ 2.60 ​ $ 0.05 ​ $ 2.65 Basic EPS - Class B Common Stock ​ 1.09 ​ ​ 0.03 ​ ​ 1.12 ​ ​ 2.37 ​ ​ 0.04 ​ ​ 2.41 Diluted EPS - Class A Common Stock ​ 1.20 ​ ​ 0.02 ​ ​ 1.22 ​ ​ 2.59 ​ ​ 0.05 ​ ​ 2.64 Diluted EPS - Class B Common Stock ​ 1.09 ​ ​ 0.02 ​ ​ 1.11 ​ ​ 2.36 ​ ​ 0.04 ​ ​ 2.40 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended June 30, 2022 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,270,302 ​ $ (1,692) ​ $ 5,268,610 Total Stockholders' Equity ​ 842,174 ​ ​ 1,692 ​ ​ 843,866 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended September 30, 2022 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ 9 Months ​ Immaterial ​ 9 Months ​ As Reported Revision Revised As Reported Revision Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 60,056 ​ $ 561 ​ $ 60,617 ​ $ 175,931 ​ $ 1,698 ​ $ 177,629 Net Interest Income ​ 58,036 ​ ​ 561 ​ ​ 58,597 ​ ​ 171,880 ​ ​ 1,698 ​ ​ 173,578 Income before income taxes ​ 25,405 ​ ​ 561 ​ ​ 25,966 ​ ​ 91,659 ​ ​ 1,698 ​ ​ 93,357 Income tax expense ​ 5,922 ​ ​ 148 ​ ​ 6,070 ​ ​ 20,349 ​ ​ 415 ​ ​ 20,764 Net income ​ 19,483 ​ ​ 413 ​ ​ 19,896 ​ ​ 71,310 ​ ​ 1,283 ​ ​ 72,593 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 0.99 ​ $ 0.02 ​ $ 1.01 ​ $ 3.60 ​ $ 0.06 ​ $ 3.66 Basic EPS - Class B Common Stock ​ 0.90 ​ ​ 0.02 ​ ​ 0.92 ​ ​ 3.27 ​ ​ 0.06 ​ ​ 3.33 Diluted EPS - Class A Common Stock ​ 0.99 ​ ​ 0.02 ​ ​ 1.01 ​ ​ 3.58 ​ ​ 0.07 ​ ​ 3.65 Diluted EPS - Class B Common Stock ​ 0.90 ​ ​ 0.02 ​ ​ 0.92 ​ ​ 3.26 ​ ​ 0.06 ​ ​ 3.32 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended September 30, 2022 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,158,705 ​ $ (2,105) ​ $ 5,156,600 Total Stockholders' Equity ​ 840,958 ​ ​ 2,105 ​ ​ 843,063 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended June 30, 2021 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ 6 Months ​ Immaterial ​ 6 Months ​ As Reported Revision Revised As Reported Revision Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 51,815 ​ $ 45 ​ $ 51,860 ​ $ 121,458 ​ $ 45 ​ $ 121,503 Net Interest Income ​ 50,304 ​ ​ 45 ​ ​ 50,349 ​ ​ 118,170 ​ ​ 45 ​ ​ 118,215 Income before income taxes ​ 30,561 ​ ​ 45 ​ ​ 30,606 ​ ​ 64,305 ​ ​ 45 ​ ​ 64,350 Income tax expense ​ 6,639 ​ ​ 9 ​ ​ 6,648 ​ ​ 14,330 ​ ​ 9 ​ ​ 14,339 Net income ​ 23,922 ​ ​ 36 ​ ​ 23,958 ​ ​ 49,975 ​ ​ 36 ​ ​ 50,011 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 1.16 ​ $ — ​ $ 1.16 ​ $ 2.42 ​ $ — ​ $ 2.42 Basic EPS - Class B Common Stock ​ 1.05 ​ ​ 0.01 ​ ​ 1.06 ​ ​ 2.20 ​ ​ — ​ ​ 2.20 Diluted EPS - Class A Common Stock ​ 1.16 ​ ​ — ​ ​ 1.16 ​ ​ 2.41 ​ ​ — ​ ​ 2.41 Diluted EPS - Class B Common Stock ​ 1.05 ​ ​ — ​ ​ 1.05 ​ ​ 2.19 ​ ​ — ​ ​ 2.19 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended June 30, 2021 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,338,220 ​ $ (36) ​ $ 5,338,184 Total Stockholders' Equity ​ 845,090 ​ ​ 36 ​ ​ 845,126 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended September 30, 2021 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ 9 Months ​ Immaterial ​ 9 Months ​ As Reported Revision Revised As Reported Revision Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 54,469 ​ $ 497 ​ $ 54,966 ​ $ 175,927 ​ $ 542 ​ $ 176,469 Net Interest Income ​ 53,129 ​ ​ 497 ​ ​ 53,626 ​ ​ 171,299 ​ ​ 542 ​ ​ 171,841 Income before income taxes ​ 26,227 ​ ​ 497 ​ ​ 26,724 ​ ​ 90,532 ​ ​ 542 ​ ​ 91,074 Income tax expense ​ 6,218 ​ ​ 124 ​ ​ 6,342 ​ ​ 20,548 ​ ​ 133 ​ ​ 20,681 Net income ​ 20,009 ​ ​ 373 ​ ​ 20,382 ​ ​ 69,984 ​ ​ 409 ​ ​ 70,393 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 0.99 ​ $ 0.02 ​ $ 1.01 ​ $ 3.40 ​ $ 0.02 ​ $ 3.42 Basic EPS - Class B Common Stock ​ 0.90 ​ ​ 0.02 ​ ​ 0.92 ​ ​ 3.10 ​ ​ 0.02 ​ ​ 3.12 Diluted EPS - Class A Common Stock ​ 0.99 ​ ​ 0.02 ​ ​ 1.01 ​ ​ 3.39 ​ ​ 0.02 ​ ​ 3.41 Diluted EPS - Class B Common Stock ​ 0.90 ​ ​ 0.01 ​ ​ 0.91 ​ ​ 3.09 ​ ​ 0.01 ​ ​ 3.10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended September 30, 2021 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,348,977 ​ $ (409) ​ $ 5,348,568 Total Stockholders' Equity ​ 838,657 ​ ​ 409 ​ ​ 839,066 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Income Statement ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands, except per share data) Period Ended December 31, 2021 (Unaudited) ​ Period Ended December 31, 2021 (Unaudited) ​ 3 Months ​ Immaterial ​ 3 Months ​ 12 Months ​ Immaterial ​ 12 Months ​ As Reported Revision Revised ​ As Reported Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest Income $ 51,379 ​ $ 558 ​ $ 51,937 ​ $ 226,260 ​ $ 2,146 ​ $ 228,406 Net Interest Income ​ 50,341 ​ ​ 558 ​ ​ 50,899 ​ ​ 220,594 ​ ​ 2,146 ​ ​ 222,740 Noninterest Income ​ 16,630 ​ ​ 449 ​ ​ 17,079 ​ ​ 86,859 ​ ​ (284) ​ ​ 86,575 Noninterest Expense ​ 44,585 ​ ​ 449 ​ ​ 45,034 ​ ​ 182,304 ​ ​ 761 ​ ​ 183,065 Income before income taxes ​ 19,809 ​ ​ 558 ​ ​ 20,367 ​ ​ 110,341 ​ ​ 1,101 ​ ​ 111,442 Income tax expense ​ 3,004 ​ ​ 145 ​ ​ 3,149 ​ ​ 23,552 ​ ​ 279 ​ ​ 23,831 Net income ​ 16,805 ​ ​ 413 ​ ​ 17,218 ​ ​ 86,789 ​ ​ 822 ​ ​ 87,611 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic EPS - Class A Common Stock $ 0.84 ​ $ 0.03 ​ $ 0.87 ​ $ 4.25 ​ $ 0.04 ​ $ 4.29 Basic EPS - Class B Common Stock ​ 0.77 ​ ​ 0.01 ​ ​ 0.78 ​ ​ 3.87 ​ ​ 0.03 ​ ​ 3.90 Diluted EPS - Class A Common Stock ​ 0.84 ​ ​ 0.02 ​ ​ 0.86 ​ ​ 4.24 ​ ​ 0.04 ​ ​ 4.28 Diluted EPS - Class B Common Stock ​ 0.76 ​ ​ 0.02 ​ ​ 0.78 ​ ​ 3.85 ​ ​ 0.04 ​ ​ 3.89 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet ​ ​ ​ ​ ​ ​ ​ ​ ($ in thousands) Period Ended December 31, 2021 (Unaudited) ​ Period End Balance ​ Immaterial ​ Period End Balance ​ As Reported ​ Revision ​ Revised ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Liabilities $ 5,259,400 ​ $ (822) ​ $ 5,258,578 Total Stockholders' Equity ​ 834,232 ​ ​ 822 ​ ​ 835,054

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - OPERATIONS (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 item segment	Dec. 31, 2005 USD ($)
Basis of Presentation
Number of reportable segments | segment	5
Number of banking centers	42
Republic Bancorp Capital Trust | Trust Preferred Securities
Basis of Presentation
Value of trust preferred securities issued | $		$ 40
Kentucky
Basis of Presentation
Number of banking centers	28
Metropolitan Louisville
Basis of Presentation
Number of banking centers	18
Central Kentucky
Basis of Presentation
Number of banking centers	7
Georgetown
Basis of Presentation
Number of banking centers	1
Lexington
Basis of Presentation
Number of banking centers	5
Shelbyville
Basis of Presentation
Number of banking centers	1
Northern Kentucky
Basis of Presentation
Number of banking centers	3
Covington
Basis of Presentation
Number of banking centers	1
Crestview Hills
Basis of Presentation
Number of banking centers	1
Florence
Basis of Presentation
Number of banking centers	1
Southern Indiana
Basis of Presentation
Number of banking centers	3
Floyds Knobs
Basis of Presentation
Number of banking centers	1
Jeffersonville
Basis of Presentation
Number of banking centers	1
New Albany
Basis of Presentation
Number of banking centers	1
Metropolitan Tampa, Florida
Basis of Presentation
Number of banking centers	7
Metropolitan Cincinnati, Ohio
Basis of Presentation
Number of banking centers	2
Metropolitan Nashville, Tennessee
Basis of Presentation
Number of banking centers	2
Core Banking Activities
Basis of Presentation
Number of reportable segments | segment	3
Core Banking Activities | Minimum
Basis of Presentation
Period of loan expected to remain in warehouse line	15 days
Core Banking Activities | Maximum
Basis of Presentation
Period of loan expected to remain in warehouse line	30 days
Republic Processing Group
Basis of Presentation
Number of reportable segments | segment	2

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - SEGMENTS (Details)		1 Months Ended	2 Months Ended			3 Months Ended			12 Months Ended
	Jun. 06, 2022 USD ($)	Jan. 31, 2021	Feb. 28, 2022	Feb. 28, 2021	Feb. 29, 2020	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)	Mar. 31, 2021 USD ($)	Dec. 31, 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
Legal settlement | Green Dot
Basis of Presentation
Revenue recognized	$ 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
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 (as percentage)									100%
Interest retained (as a percent)									10%
Loan held-for-sale term									3 days
Republic Credit Solutions | LOC II
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)		95%							95%
Percentage of ownership maintained with each borrower (as percentage)		100%							100%
Interest retained (as a percent)		5%
Loan held-for-sale term		3 days							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
Number of third party relationship | item									3
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	$ 6,250
Period Refund Advance tax credit product offered			2 months	2 months	2 months
EA's repayment term									32 days
Maximum repayment period before Easy Advances considered delinquent									35 days
Amount of credit risk associated with refund transfers									$ 0
Tax Refund Solutions | Easy Advances | Subsequent event
Basis of Presentation
Advance amount per customer						$ 1,000
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

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONCENTRATION (Details) - Geographic concentration risk	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Warehouse lines of credit. | California
Mortgage Banking Activities
Concentration Risk, Percentage	28%
Net Revenue | Republic Processing Group
Mortgage Banking Activities
Concentration Risk, Percentage	31%	24%	23%
Net Revenue | Tax Refund Solutions
Mortgage Banking Activities
Concentration Risk, Percentage	18%	13%	14%
Net Revenue | Republic Credit Solutions
Mortgage Banking Activities
Concentration Risk, Percentage	13%	11%	9%
Net Revenue | Warehouse Lending
Mortgage Banking Activities
Concentration Risk, Percentage	4%	8%	8%

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Other Policies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounting Pronouncements
Initial amortization period of MSRs	7 years
Loan Servicing Income	$ 3,518,000	$ 3,288,000	$ 2,924,000
Other Assets.
Accounting Pronouncements
Accrued interest on AFS debt securities excluded from ACLS	2,000,000	1,000,000
Accrued interest on HTM debt securities excluded from ACLS	92,000	89,000
Accrued interest on loans	$ 11,000,000	$ 8,000,000
Republic Credit Solutions | Installment loan
Accounting Pronouncements
Term for intent to sell loans	16 days
Republic Credit Solutions | Installment loan | Minimum
Accounting Pronouncements
Loan held-for-sale term	12 months
Republic Credit Solutions | Installment loan | Maximum
Accounting Pronouncements
Loan held-for-sale term	60 months
Republic Credit Solutions | Line of Credit and Healthcare Receivables
Accounting Pronouncements
Percentage of loan receivable held for sale (as a percent)	90%
Republic Credit Solutions | Line of Credit and Healthcare Receivables | Minimum
Accounting Pronouncements
Percentage of loan receivable held for sale (as a percent)	90%
Republic Credit Solutions | Line of Credit and Healthcare Receivables | Maximum
Accounting Pronouncements
Percentage of loan receivable held for sale (as a percent)	95%

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - LOANS (Details)	12 Months Ended
	Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Delinquency period for interest income on mortgage and commercial loans to be discontinued	80 days
Period for non-accrual loans and loans past due still on accrual evaluated for impairment	80 days
Minimum performance period for loans to be returned to accrual status	6 months
Period for past due loans for updating collateral values	120 days

SUMMARY OF SIGNIFICANT ACCOUN_9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CREDIT SOLUTIONS AND OREO (Details)	12 Months Ended
	Dec. 31, 2022
Minimum
Other Real Estate Owned
Selling cost for OREO expressed as a percentage of each property's fair value	10%
Maximum
Other Real Estate Owned
Selling cost for OREO expressed as a percentage of each property's fair value	13%

SUMMARY OF SIGNIFICANT ACCOU_10

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - PREMISES AND EQUIPMENT (Details)	12 Months Ended
	Dec. 31, 2022
Buildings and improvements | Minimum
Premises and equipment, net
Estimated useful lives	25 years
Buildings and improvements | Maximum
Premises and equipment, net
Estimated useful lives	39 years
Furniture, fixtures and equipment | Minimum
Premises and equipment, net
Estimated useful lives	3 years
Furniture, fixtures and equipment | Maximum
Premises and equipment, net
Estimated useful lives	10 years
Leasehold improvements | Minimum
Premises and equipment, net
Estimated useful lives	3 years
Leasehold improvements | Maximum
Premises and equipment, net
Estimated useful lives	5 years

SUMMARY OF SIGNIFICANT ACCOU_11

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - INTANGIBLES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Goodwill	$ 16,300	$ 16,300	$ 16,300	$ 16,300

SUMMARY OF SIGNIFICANT ACCOU_12

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - ADDITIONAL DISCLOSURES (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) segment	Dec. 31, 2021 USD ($)
Restrictions on Cash and Cash Equivalents
Required reserve balances by the Federal Reserve Bank	$ 0	$ 0
Cash reserve to cover insurable claims	$ 4	$ 4
Equity
Percentage of stock dividend in excess of which are reported by transferring the par value of the stock issued from retained earnings to common stock	20%
Minimum percentage of stock dividend which are reported by transferring the par value of the stock issued from retained earnings to common stock and additional paid in capital	20%
Segment Information
Number of reportable segments | segment	5
Revenue, Practical Expedient
Practical expedient allows incremental costs of obtaining contract when amortization period less than one year	true

INVESTMENT SECURITIES - AFS (De

INVESTMENT SECURITIES - AFS (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Available-for-Sale Debt Securities
Amortized Cost	$ 663,003	$ 492,626
Gross Unrealized Gains	1,437	5,897
Gross Unrealized Losses	(44,075)	(3,397)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	620,365	495,126
U.S. Treasury securities and U.S. Government agencies
Available-for-Sale Debt Securities
Amortized Cost	436,333	239,880
Gross Unrealized Gains	1	473
Gross Unrealized Losses	(25,193)	(2,894)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	411,141	237,459
Private label mortgage backed security
Available-for-Sale Debt Securities
Amortized Cost	843	1,418
Gross Unrealized Gains	1,284	1,313
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	2,127	2,731
Mortgage backed securities - residential
Available-for-Sale Debt Securities
Amortized Cost	189,312	207,697
Gross Unrealized Gains	16	3,525
Gross Unrealized Losses	(17,455)	(473)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	171,873	210,749
Collateralized mortgage obligations
Available-for-Sale Debt Securities
Amortized Cost	22,774	29,947
Gross Unrealized Gains	21	377
Gross Unrealized Losses	(1,427)	(30)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	21,368	30,294
Corporate bonds
Available-for-Sale Debt Securities
Amortized Cost	10,000	10,000
Gross Unrealized Gains	1	46
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	10,001	10,046
Trust Preferred Securities
Available-for-Sale Debt Securities
Amortized Cost	3,741	3,684
Gross Unrealized Gains	114	163
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	$ 3,855	$ 3,847

INVESTMENT SECURITIES - HTM (De

INVESTMENT SECURITIES - HTM (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Held-to-Maturity Debt Securities
Amortized Cost	$ 87,396	$ 44,346
Gross Unrecognized Gains	160	424
Gross Unrecognized Losses	(199)	(6)
Fair Value	87,357	44,764
Allowance for credit losses	(10)	(47)
U.S. Treasury securities and U.S. Government agencies
Held-to-Maturity Debt Securities
Amortized Cost	75,000
Gross Unrecognized Gains	106
Fair Value	75,106
Mortgage backed securities - residential
Held-to-Maturity Debt Securities
Amortized Cost	27	46
Gross Unrecognized Losses	(1)
Fair Value	26	46
Collateralized mortgage obligations
Held-to-Maturity Debt Securities
Amortized Cost	7,270	9,080
Gross Unrecognized Gains	54	158
Gross Unrecognized Losses	(148)
Fair Value	7,176	9,238
Corporate bonds
Held-to-Maturity Debt Securities
Amortized Cost	4,974	34,975
Gross Unrecognized Gains		263
Gross Unrecognized Losses	(49)	(6)
Fair Value	4,925	35,232
Allowance for credit losses	(10)	(47)	$ (178)
Obligations of state and political subdivisions
Held-to-Maturity Debt Securities
Amortized Cost	125	245
Gross Unrecognized Gains		3
Gross Unrecognized Losses	(1)
Fair Value	$ 124	$ 248

INVESTMENT SECURITIES - SALES A

INVESTMENT SECURITIES - SALES AND CALLS OF AFS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2020
INVESTMENT SECURITIES
Calls of available for sale securities	$ 0	$ 119

INVESTMENT SECURITIES - AMORTIZ

INVESTMENT SECURITIES - AMORTIZED COST AND FV (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Securities available for Sale - Amortized Cost
Due in one year or less	$ 41,789
Due from one year to five years	404,544
Due beyond ten years	3,741
Amortized Cost	663,003	$ 492,626
Securities available for Sale - Fair Value
Due in one year or less	41,433
Due from one year to five years	379,709
Due beyond ten years	3,855
Total securities	620,365	495,126
Securities held to maturity - Amortized Cost
Due in one year or less	125
Due from one year to five years	79,974
Total securities	87,396	44,346
Securities held to maturity - Fair Value
Due in one year or less	124
Due from one year to five years	80,031
Fair Value	87,357	44,764
Private label mortgage backed security
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	843
Amortized Cost	843	1,418
Securities available for Sale - Fair Value
Securities not due at a single maturity date	2,127
Total securities	2,127	2,731
Mortgage backed securities - residential
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	189,312
Amortized Cost	189,312	207,697
Securities available for Sale - Fair Value
Securities not due at a single maturity date	171,873
Total securities	171,873	210,749
Securities held to maturity - Amortized Cost
Securities not due at a single maturity date	27
Total securities	27	46
Securities held to maturity - Fair Value
Securities not due at a single maturity date	26
Fair Value	26	46
Collateralized mortgage obligations
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	22,774
Amortized Cost	22,774	29,947
Securities available for Sale - Fair Value
Securities not due at a single maturity date	21,368
Total securities	21,368	30,294
Securities held to maturity - Amortized Cost
Securities not due at a single maturity date	7,270
Total securities	7,270	9,080
Securities held to maturity - Fair Value
Securities not due at a single maturity date	7,176
Fair Value	$ 7,176	$ 9,238

INVESTMENT SECURITIES - INVESTM

INVESTMENT SECURITIES - INVESTMENT CATEGORY (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Available-for-sale debt securities
Less than 12 months Fair Value	$ 355,064	$ 266,570
Less than 12 months Unrealized Losses	(15,999)	(3,125)
12 months or more Fair Value	237,202	9,728
12 months or more Unrealized Losses	(28,076)	(272)
Total Fair Value	592,266	276,298
Total Unrealized Losses	$ (44,075)	$ (3,397)
Number of securities held	179	173
Number of securities held in an unrealized loss position	163	29
Maximum percentage of holdings of securities of any one issuer, other than the U.S. Government and its agencies	10%
U.S. Treasury securities and U.S. Government agencies
Available-for-sale debt securities
Less than 12 months Fair Value	$ 229,372	$ 177,138
Less than 12 months Unrealized Losses	(7,139)	(2,622)
12 months or more Fair Value	171,676	9,728
12 months or more Unrealized Losses	(18,054)	(272)
Total Fair Value	401,048	186,866
Total Unrealized Losses	(25,193)	(2,894)
Mortgage backed securities - residential
Available-for-sale debt securities
Less than 12 months Fair Value	105,274	84,937
Less than 12 months Unrealized Losses	(7,434)	(473)
12 months or more Fair Value	65,520
12 months or more Unrealized Losses	(10,021)
Total Fair Value	170,794	84,937
Total Unrealized Losses	(17,455)	(473)
Collateralized mortgage obligations
Available-for-sale debt securities
Less than 12 months Fair Value	20,418	4,495
Less than 12 months Unrealized Losses	(1,426)	(30)
12 months or more Fair Value	6
12 months or more Unrealized Losses	(1)
Total Fair Value	20,424	4,495
Total Unrealized Losses	$ (1,427)	$ (30)

INVESTMENT SECURITIES - CORPORA

INVESTMENT SECURITIES - CORPORATE BONDS AND MORTGAGE BACKED SECURITIES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Private label mortgage backed security
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Securities	$ 2,127,000
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	$ 18,900,000	$ 503,000

INVESTMENT SECURITIES - TRUST P

INVESTMENT SECURITIES - TRUST PREFERRED SECURITY (Details) - Trust Preferred Securities $ in Millions	12 Months Ended
	Dec. 31, 2015 USD ($)
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Par value of trust preferred security	$ 5
3 Month London Interbank Offered Rate (LIBOR)
Amortized cost and fair value of the investment securities portfolio by contractual maturity
Interest rate - Basis Spread	1.59%

INVESTMENT SECURITIES - PRIVATE

INVESTMENT SECURITIES - PRIVATE LABEL MORTGAGE-BACKED SECURITY (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Securities
Number of securities held	179	173
Private label mortgage backed security
Debt Securities
Number of securities held	1
Securities	$ 2,127,000
Additional impairment charge that may be recognized	843,000
Balance, beginning of period	1,462,000	$ 1,462,000	$ 1,462,000
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Reductions, Change in Status	0	0	0
Balance, end of period	$ 1,462,000	$ 1,462,000	$ 1,462,000

INVESTMENT SECURITIES - ACLS RO

INVESTMENT SECURITIES - ACLS ROLLFORWARD (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Debt Securities
Balance	$ 47	$ 178
Beginning Balance	0
Beginning Balance	47
Provision	(37)	(131)
Ending Balance	10	47
Ending Balance	0	0
Balance	10	47
Debt Securities, Held-to-maturity, Nonaccrual	0
Debt Securities, Held To Maturity, Collateral Dependent	0
Corporate bonds
Debt Securities
Beginning Balance	0
Beginning Balance	47	178
Provision	(37)	(131)
Ending Balance	10	47
Ending Balance	$ 0	$ 0

INVESTMENT SECURITIES - PLEDGED

INVESTMENT SECURITIES - PLEDGED DEBT SECURITIES (Details) - Asset Pledged as Collateral [Member] - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of Investments [Line Items]
Carrying amount	$ 217,562	$ 319,650
Fair value	$ 217,562	$ 319,808

INVESTMENT SECURITIES - EQUITY

INVESTMENT SECURITIES - EQUITY SECURITIES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Equity securities
Amortized Cost		$ 2,500,000
Gross Unrealized Gains	$ 111,000	170,000
Gross Unrealized Losses		(50,000)
Fair Value	111,000	2,620,000
Gains (Losses) Recognized on Equity securities, Realized	(204,000)
Gains (Losses) Recognized on Equity securities, Unrealized	(59,000)	(463,000)
Gains (Losses) Recognized on Equity securities, Total	(263,000)	(463,000)
Proceeds from sale of equity security	2,200,000
Realized loss	55,000
Freddie Mac preferred stock
Equity securities
Gross Unrealized Gains	111,000	170,000
Fair Value	111,000	170,000
Gains (Losses) Recognized on Equity securities, Unrealized	(59,000)	(390,000)
Gains (Losses) Recognized on Equity securities, Total	(59,000)	(390,000)
Mutual fund
Equity securities
Amortized Cost		2,500,000
Gross Unrealized Losses		(50,000)
Fair Value		2,450,000
Gains (Losses) Recognized on Equity securities, Realized	(204,000)
Gains (Losses) Recognized on Equity securities, Unrealized		(73,000)
Gains (Losses) Recognized on Equity securities, Total	$ (204,000)	$ (73,000)

LOANS HELD FOR SALE - CONSUMER

LOANS HELD FOR SALE - CONSUMER LOANS - HELD FOR SALE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Consumer Loans Held For Sale At Fair Value [RollForward]
Balance, beginning of period	$ 19,747	$ 3,298	$ 598
Origination of consumer loans held for sale	311,704	271,430	58,833
Proceeds from the sale of consumer loans held for sale	(333,438)	(260,730)	(57,814)
Net gain on sale of consumer loans held for sale	6,693	5,749	1,681
Balance, end of period	$ 4,706	$ 19,747	$ 3,298

LOANS HELD FOR SALE - CONSUME_2

LOANS HELD FOR SALE - CONSUMER LOANS - LOWER COST (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Carried at lower of cost or fair value
Balance, beginning of period	$ 2,937	$ 1,478	$ 11,646
Origination of consumer loans held for sale	734,011	610,750	460,040
Proceeds from the sale of consumer loans held for sale	(730,363)	(614,840)	(473,507)
Net gain on sale of consumer loans held for sale	6,584	5,549	3,299
Balance, end of period	$ 13,169	$ 2,937	$ 1,478
Republic Credit Solutions | Line of Credit and Healthcare Receivables
Loans held for sale
Percentage of loan receivable held for sale (as a percent)	90%
Republic Credit Solutions | Line of Credit and Healthcare Receivables | Minimum
Loans held for sale
Percentage of loan receivable held for sale (as a percent)	90%
Republic Credit Solutions | Line of Credit and Healthcare Receivables | Maximum
Loans held for sale
Percentage of loan receivable held for sale (as a percent)	95%
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	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Loans disclosures
Loans	$ 4,515,802	$ 4,496,562
Allowance for credit losses	(70,413)	(64,577)	$ (61,067)	$ (43,351)
Loans, net	4,445,389	4,431,985
Core Banking Activities
Loans disclosures
Loans	4,258,702	4,352,509
Allowance for credit losses	(51,718)	(51,533)	(52,106)	(29,999)
Traditional Banking
Loans disclosures
Loans	3,855,142	3,501,959
Allowance for credit losses	(50,709)	(49,407)	$ (49,699)	$ (28,205)
Republic Processing Group
Loans disclosures
Total loans	257,100	144,053
Residential Real Estate | Residential Real Estate - Owner Occupied
Loans disclosures
Total loans	911,427	820,731
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking
Loans disclosures
Total loans	911,427	820,731
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Loans disclosures
Total loans	321,358	306,323
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Loans disclosures
Total loans	321,358	306,323
Residential Real Estate | Home equity
Loans disclosures
Total loans	241,739	210,578
Residential Real Estate | Home equity | Traditional Banking
Loans disclosures
Total loans	241,739	210,578
Commercial Real Estate
Loans disclosures
Total loans	1,599,510	1,456,009
Commercial Real Estate | Traditional Banking
Loans disclosures
Total loans	1,599,510	1,456,009
Construction & land development
Loans disclosures
Total loans	153,875	129,337
Construction & land development | Traditional Banking
Loans disclosures
Total loans	153,875	129,337
Commercial | Commercial and Industrial
Loans disclosures
Total loans	408,407	340,363
Commercial | Commercial and Industrial | Traditional Banking
Loans disclosures
Total loans	408,407	340,363
Commercial | Paycheck Protection Program
Loans disclosures
Total loans	4,980	56,014
Commercial | Paycheck Protection Program | Traditional Banking
Loans disclosures
Total loans	4,980	56,014
Loans, net	5,000
Aircraft
Loans disclosures
Total loans	179,785	142,894
Aircraft | Traditional Banking
Loans disclosures
Total loans	179,785	142,894
Consumer
Loans disclosures
Total loans	23,556	31,073
Consumer | Credit cards | Traditional Banking
Loans disclosures
Total loans	15,473	14,510
Consumer | Overdrafts | Traditional Banking
Loans disclosures
Total loans	726	683
Consumer | Automobile loans | Traditional Banking
Loans disclosures
Total loans	6,731	14,448
Consumer | Other consumer | Traditional Banking
Loans disclosures
Total loans	626	1,432
Warehouse lines of credit
Loans disclosures
Total loans	403,560	850,550
Warehouse lines of credit | Core Banking Activities
Loans disclosures
Total loans	403,560	850,550
Tax Refund Solution
Loans disclosures
Total loans	149,272	50,987
Tax Refund Solution | Easy Advances | Republic Processing Group
Loans disclosures
Total loans	97,505
Tax Refund Solution | Other TRS commercial and industrial loans | Republic Processing Group
Loans disclosures
Total loans	51,767	50,987
Republic Credit Solution
Loans disclosures
Total loans	107,828	93,066
Republic Credit Solution | Republic Processing Group
Loans disclosures
Total loans	$ 107,828	$ 93,066

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Contractually receivable	$ 4,519,136	$ 4,498,671
Unearned income	(835)	(542)
Unamortized premiums	99	116
Unaccreted discounts	(479)	(641)
PPP net unamortized deferred origination (fees) and costs	(91)	(1,203)
Other net unamortized deferred origination (fees) and costs	(2,028)	161
Carrying value of loans	$ 4,515,802	$ 4,496,562

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES - PAYCHECK PROTECTION PROGRAM (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net	$ 4,445,389,000	$ 4,431,985,000
Commercial | Paycheck Protection Program | Traditional Banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net	5,000,000
Originated balance	91,000
PPPLF
Accounts, Notes, Loans and Financing Receivable [Line Items]
Outstanding borrowings	$ 0

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RISK CATEGORY (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) item	Dec. 31, 2021 USD ($)
Risk category of rated loans
Year One - Total	$ 1,083,468	$ 1,143,061
Year Two - Total	887,197	669,000
Year Three - Total	510,259	411,059
Year Four - Total	303,266	223,625
Prior - Total	627,817	670,768
Revolving Loans Amortized Cost Basis	992,992	1,292,568
Revolving Loans Converted To Term Loans	110,803	86,481
Loans	$ 4,515,802	4,496,562
Maximum number of days past due for loans to be non rated	80 days
Loans held for investment fair value	$ 2	170
Pass
Risk category of rated loans
Year One - Total	1,078,578	1,107,641
Year Two - Total	860,795	663,162
Year Three - Total	508,758	375,819
Year Four - Total	280,501	208,648
Prior - Total	597,660	626,424
Revolving Loans Amortized Cost Basis	990,235	1,289,690
Revolving Loans Converted To Term Loans	110,803	86,481
Loans	4,427,330	4,357,865
Special Mention
Risk category of rated loans
Year One - Total	3,660	35,375
Year Two - Total	25,269	4,844
Year Three - Total		34,094
Year Four - Total	21,296	11,274
Prior - Total	18,995	29,075
Revolving Loans Amortized Cost Basis	744	629
Loans	69,964	115,291
Minimum outstanding lending relationships, above which loans are analyzed by the Bank's internal loan review department	1,000
Substandard
Risk category of rated loans
Year One - Total	1,230	45
Year Two - Total	1,133	994
Year Three - Total	1,501	1,146
Year Four - Total	1,469	3,703
Prior - Total	11,162	15,269
Revolving Loans Amortized Cost Basis	2,013	2,249
Loans	18,508	23,406
Minimum outstanding lending relationships, above which loans are analyzed by the Bank's internal loan review department	1,000
Doubtful / Loss
Risk category of rated loans
Minimum outstanding lending relationships, above which loans are analyzed by the Bank's internal loan review department	1,000
Core Banking Activities
Risk category of rated loans
Loans	4,258,702	4,352,509
Traditional Banking
Risk category of rated loans
Loans	3,855,142	3,501,959
Traditional Banking | Subprime
Risk category of rated loans
Carrying value of loans	49,000	48,000
Loans originated for Community Reinvestment Act ("CRA") purposes	30,000	28,000
Republic Processing Group
Risk category of rated loans
Carrying value of loans	$ 257,100	144,053
Republic Credit Solutions | Line of credit and credit card
Risk category of rated loans
Number of consumer loans held for sale products | item	2
Loans held for investment fair value	$ 29,000	26,000
Consumer loans held for sale period	3 days
Residential Real Estate | Residential Real Estate - Owner Occupied
Risk category of rated loans
Year One	$ 232,868	219,327
Year Two	190,758	213,880
Year Three	189,505	89,865
Year Four	72,766	51,523
Prior	225,530	246,136
Carrying value of loans	911,427	820,731
Residential Real Estate | Residential Real Estate - Owner Occupied | Pass
Risk category of rated loans
Year One	231,638	218,981
Year Two	189,495	213,010
Year Three	188,004	89,186
Year Four	71,306	50,301
Prior	208,296	226,852
Carrying value of loans	888,739	798,330
Residential Real Estate | Residential Real Estate - Owner Occupied | Special Mention
Risk category of rated loans
Year One		301
Year Two	160
Year Four		33
Prior	7,240	8,209
Carrying value of loans	7,400	8,543
Residential Real Estate | Residential Real Estate - Owner Occupied | Substandard
Risk category of rated loans
Year One	1,230	45
Year Two	1,103	870
Year Three	1,501	679
Year Four	1,460	1,189
Prior	9,994	11,075
Carrying value of loans	15,288	13,858
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking
Risk category of rated loans
Carrying value of loans	911,427	820,731
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Risk category of rated loans
Year One	78,337	107,041
Year Two	91,808	65,786
Year Three	55,058	44,376
Year Four	32,803	29,292
Prior	57,205	56,099
Revolving Loans Converted To Term Loans	6,147	3,729
Carrying value of loans	321,358	306,323
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Pass
Risk category of rated loans
Year One	78,337	107,041
Year Two	91,778	65,786
Year Three	55,058	44,376
Year Four	32,803	29,292
Prior	57,053	55,872
Revolving Loans Converted To Term Loans	6,147	3,729
Carrying value of loans	321,176	306,096
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Special Mention
Risk category of rated loans
Prior	32	132
Carrying value of loans	32	132
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Substandard
Risk category of rated loans
Year Two	30
Prior	120	95
Carrying value of loans	150	95
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Risk category of rated loans
Carrying value of loans	321,358	306,323
Residential Real Estate | Home equity
Risk category of rated loans
Revolving Loans Amortized Cost Basis	241,739	210,578
Carrying value of loans	241,739	210,578
Residential Real Estate | Home equity | Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	240,704	208,429
Carrying value of loans	240,704	208,429
Residential Real Estate | Home equity | Special Mention
Risk category of rated loans
Revolving Loans Amortized Cost Basis	171	279
Carrying value of loans	171	279
Residential Real Estate | Home equity | Substandard
Risk category of rated loans
Revolving Loans Amortized Cost Basis	864	1,870
Carrying value of loans	864	1,870
Residential Real Estate | Home equity | Traditional Banking
Risk category of rated loans
Carrying value of loans	241,739	210,578
Commercial Real Estate
Risk category of rated loans
Year One	454,451	492,154
Year Two	406,187	258,549
Year Three	210,055	183,129
Year Four	139,224	107,872
Prior	263,985	308,906
Revolving Loans Amortized Cost Basis	25,817	25,188
Revolving Loans Converted To Term Loans	99,791	80,211
Carrying value of loans	1,599,510	1,456,009
Commercial Real Estate | Pass
Risk category of rated loans
Year One	451,327	472,095
Year Two	394,317	256,039
Year Three	210,055	153,224
Year Four	117,928	94,212
Prior	253,213	286,223
Revolving Loans Amortized Cost Basis	25,499	25,188
Revolving Loans Converted To Term Loans	99,791	80,211
Carrying value of loans	1,552,130	1,367,192
Commercial Real Estate | Special Mention
Risk category of rated loans
Year One	3,124	20,059
Year Two	11,870	2,399
Year Three		29,639
Year Four	21,296	11,207
Prior	9,967	18,778
Revolving Loans Amortized Cost Basis	318
Carrying value of loans	46,575	82,082
Commercial Real Estate | Substandard
Risk category of rated loans
Year Two		111
Year Three		266
Year Four		2,453
Prior	805	3,905
Carrying value of loans	805	6,735
Commercial Real Estate | Traditional Banking
Risk category of rated loans
Carrying value of loans	1,599,510	1,456,009
Construction & land development
Risk category of rated loans
Year One	107,153	88,743
Year Two	43,289	31,117
Year Three	638	6,269
Year Four	641	1,155
Prior	373	128
Revolving Loans Amortized Cost Basis	1,781	1,925
Carrying value of loans	153,875	129,337
Construction & land development | Pass
Risk category of rated loans
Year One	107,153	88,743
Year Two	43,289	30,593
Year Three	638	2,599
Year Four	641	1,155
Prior	373	128
Revolving Loans Amortized Cost Basis	1,781	1,925
Carrying value of loans	153,875	125,143
Construction & land development | Special Mention
Risk category of rated loans
Year Two		524
Year Three		3,670
Carrying value of loans		4,194
Construction & land development | Traditional Banking
Risk category of rated loans
Carrying value of loans	153,875	129,337
Commercial | Commercial and Industrial
Risk category of rated loans
Year One	117,019	120,163
Year Two	91,463	36,295
Year Three	17,171	55,488
Year Four	36,254	18,144
Prior	38,123	46,928
Revolving Loans Amortized Cost Basis	103,512	60,804
Revolving Loans Converted To Term Loans	4,865	2,541
Carrying value of loans	408,407	340,363
Commercial | Commercial and Industrial | Pass
Risk category of rated loans
Year One	116,483	105,148
Year Two	78,224	34,361
Year Three	17,171	54,524
Year Four	36,254	18,110
Prior	36,367	44,972
Revolving Loans Amortized Cost Basis	103,257	60,454
Revolving Loans Converted To Term Loans	4,865	2,541
Carrying value of loans	392,621	320,110
Commercial | Commercial and Industrial | Special Mention
Risk category of rated loans
Year One	536	15,015
Year Two	13,239	1,921
Year Three		785
Year Four		34
Prior	1,756	1,956
Revolving Loans Amortized Cost Basis	255	350
Carrying value of loans	15,786	20,061
Commercial | Commercial and Industrial | Substandard
Risk category of rated loans
Year Two		13
Year Three		179
Carrying value of loans		192
Commercial | Commercial and Industrial | Traditional Banking
Risk category of rated loans
Carrying value of loans	408,407	340,363
Commercial | Paycheck Protection Program
Risk category of rated loans
Year One		40,607
Year Two	4,207	15,407
Year Three	773
Carrying value of loans	4,980	56,014
Commercial | Paycheck Protection Program | Pass
Risk category of rated loans
Year One		40,607
Year Two	4,207	15,407
Year Three	773
Carrying value of loans	4,980	56,014
Commercial | Paycheck Protection Program | Traditional Banking
Risk category of rated loans
Carrying value of loans	4,980	56,014
Aircraft
Risk category of rated loans
Year One	65,399	65,886
Year Two	54,749	43,301
Year Three	35,085	22,933
Year Four	16,888	9,119
Prior	7,664	1,655
Carrying value of loans	179,785	142,894
Aircraft | Pass
Risk category of rated loans
Year One	65,399	65,886
Year Two	54,749	43,301
Year Three	35,085	22,933
Year Four	16,888	9,119
Prior	7,454	1,655
Carrying value of loans	179,575	142,894
Aircraft | Substandard
Risk category of rated loans
Prior	210
Carrying value of loans	210
Aircraft | Traditional Banking
Risk category of rated loans
Carrying value of loans	179,785	142,894
Consumer
Risk category of rated loans
Year One	415	978
Year Two	499	417
Year Three	168	4,716
Year Four	2,540	4,387
Prior	4,361	5,962
Revolving Loans Amortized Cost Basis	15,573	14,613
Carrying value of loans	23,556	31,073
Consumer | Pass
Risk category of rated loans
Year One	415	978
Year Two	499	417
Year Three	168	4,694
Year Four	2,531	4,326
Prior	4,328	5,768
Revolving Loans Amortized Cost Basis	15,573	14,613
Carrying value of loans	23,514	30,796
Consumer | Substandard
Risk category of rated loans
Year Three		22
Year Four	9	61
Prior	33	194
Carrying value of loans	42	277
Consumer | Credit cards | Traditional Banking
Risk category of rated loans
Carrying value of loans	15,473	14,510
Consumer | Overdrafts | Traditional Banking
Risk category of rated loans
Carrying value of loans	726	683
Consumer | Automobile loans | Traditional Banking
Risk category of rated loans
Carrying value of loans	6,731	14,448
Consumer | Other consumer | Traditional Banking
Risk category of rated loans
Carrying value of loans	626	1,432
Warehouse lines of credit
Risk category of rated loans
Revolving Loans Amortized Cost Basis	403,560	850,550
Carrying value of loans	403,560	850,550
Warehouse lines of credit | Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	403,560	850,550
Carrying value of loans	403,560	850,550
Warehouse lines of credit | Core Banking Activities
Risk category of rated loans
Carrying value of loans	403,560	850,550
Tax Refund Solution
Risk category of rated loans
Revolving Loans Amortized Cost Basis	149,272	50,987
Carrying value of loans	149,272	50,987
Tax Refund Solution | Pass
Risk category of rated loans
Revolving Loans Amortized Cost Basis	149,272	50,987
Carrying value of loans	149,272	50,987
Tax Refund Solution | Easy Advances | Republic Processing Group
Risk category of rated loans
Carrying value of loans	97,505
Tax Refund Solution | Other TRS commercial and industrial loans | Republic Processing Group
Risk category of rated loans
Carrying value of loans	51,767	50,987
Republic Credit Solution
Risk category of rated loans
Year One	22,357	5,524
Year Two	2,273	3,409
Year Three	1,264	1,642
Year Four	602	869
Prior	29,594	3,699
Revolving Loans Amortized Cost Basis	51,738	77,923
Carrying value of loans	107,828	93,066
Republic Credit Solution | Pass
Risk category of rated loans
Year One	22,357	5,524
Year Two	2,273	3,409
Year Three	1,264	1,642
Year Four	602	869
Prior	29,594	3,699
Revolving Loans Amortized Cost Basis	50,589	77,544
Carrying value of loans	106,679	92,687
Republic Credit Solution | Substandard
Risk category of rated loans
Revolving Loans Amortized Cost Basis	1,149	379
Carrying value of loans	$ 1,149	379
Republic Credit Solution | Line of credit and credit card | Minimum
Risk category of rated loans
Percentage of loan receivable held for sale (as a percent)	90%
Interest retained (as a percent)	5%
Republic Credit Solution | Line of credit and credit card | Maximum
Risk category of rated loans
Percentage of loan receivable held for sale (as a percent)	95%
Interest retained (as a percent)	10%
Republic Credit Solution | Republic Processing Group
Risk category of rated loans
Carrying value of loans	$ 107,828	93,066
Lease Financing Receivables
Risk category of rated loans
Year One	5,469	2,638
Year Two	1,964	839
Year Three	542	2,641
Year Four	1,548	1,264
Prior	982	1,255
Total Loans	10,505	8,637
Lease Financing Receivables | Pass
Risk category of rated loans
Year One	5,469	2,638
Year Two	1,964	839
Year Three	542	2,641
Year Four	1,548	1,264
Prior	982	1,255
Total Loans	10,505	8,637
Lease Financing Receivables | Traditional Banking
Risk category of rated loans
Carrying value of loans	10,505	8,637
Total Loans	$ 10,505	$ 8,637

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES - ALLOWANCE ACTIVITY (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance	$ 64,577	$ 61,067	$ 43,351
Provision	22,385	14,939	31,151
Charge-offs	(24,369)	(16,474)	(28,741)
Recoveries	7,820	5,045	8,572
Ending Balance	70,413	64,577	61,067
Core Banking Activities
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance	51,533	52,106	29,999
Provision	349	(188)	(16,743)
Charge-offs	(1,320)	(1,460)	(2,769)
Recoveries	1,156	1,075	1,399
Ending Balance	51,718	51,533	52,106
Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance	49,407	49,699	28,205
Provision	1,466	93	(16,130)
Charge-offs	(1,320)	(1,460)	(2,769)
Recoveries	1,156	1,075	(1,399)
Ending Balance	50,709	49,407	49,699
Republic Processing Group
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	13,044	8,961	13,352
Provision	22,036	15,127	(14,408)
Charge-offs	(23,049)	(15,014)	(25,972)
Recoveries	6,664	(3,970)	7,173
Ending balance	18,695	13,044	8,961
Warehouse line of credit | Warehouse Lending
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance		2,407	1,794
Provision			(613)
Ending balance			2,407
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	8,647	9,715	4,729
Provision	181	(1,461)	(785)
Charge-offs	(21)		(169)
Recoveries	102	(393)	171
Ending balance	8,909	8,647	9,715
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	2,700	2,466	1,737
Provision	129	231	(570)
Recoveries	2	(3)	11
Ending balance	2,831	2,700	2,466
Residential Real Estate | Home equity | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	4,111	4,990	2,721
Provision	396	(874)	(516)
Charge-offs		(51)	(14)
Recoveries	121	(46)	115
Ending balance	4,628	4,111	4,990
Commercial Real Estate | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	23,769	23,606	10,486
Provision	(308)	509	(13,170)
Charge-offs	(9)	(428)	(795)
Recoveries	287	(82)	472
Ending balance	23,739	23,769	23,606
Construction & land development | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	4,128	3,274	2,152
Provision	(5)	854	325
Ending balance	4,123	4,128	3,274
Lease Financing Receivables | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	91	106	147
Provision	19	(15)	41
Ending balance	110	91	106
Commercial | Commercial and Industrial | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	3,487	2,797	2,882
Provision	218	700	(1,421)
Charge-offs		(86)	(310)
Recoveries	271	(76)	122
Ending balance	3,976	3,487	2,797
Aircraft | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	357	253	176
Provision	92	104	(77)
Ending balance	449	357	253
Consumer | Credit cards | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	934	929	1,020
Provision	140	107	(111)
Charge-offs	(155)	(163)	(295)
Recoveries	77	(61)	60
Ending balance	996	934	929
Consumer | Overdrafts | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	683	587	1,169
Provision	866	425	(79)
Charge-offs	(1,038)	(641)	(886)
Recoveries	215	(312)	225
Ending balance	726	683	587
Consumer | Automobile loans | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	186	399	612
Provision	(111)	(233)	176
Charge-offs	(3)	(19)	(60)
Recoveries	15	(39)	30
Ending balance	87	186	399
Consumer | Other consumer | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	314	577	374
Provision	(151)	(254)	57
Charge-offs	(94)	(72)	(240)
Recoveries	66	(63)	193
Ending balance	135	314	577
Warehouse lines of credit | Warehouse Lending
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	2,126	2,407
Provision	(1,117)	(281)
Ending balance	1,009	2,126	2,407
Tax Refund Solution | Easy Advances | Republic Processing Group
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Provision	10,471	6,723	(13,033)
Charge-offs	(11,505)	(10,256)	(19,575)
Recoveries	4,831	(3,533)	6,542
Ending balance	3,797
Tax Refund Solution | Other TRS commercial and industrial loans | Republic Processing Group
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	96	158	234
Provision	(516)	(40)	(156)
Charge-offs	(154)	(51)	(234)
Recoveries	665	(29)	2
Ending balance	91	96	158
Republic Credit Solution | Republic Processing Group
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	12,948	8,803	13,118
Provision	12,081	8,444	(1,219)
Charge-offs	(11,390)	(4,707)	(6,163)
Recoveries	1,168	(408)	629
Ending balance	$ 14,807	$ 12,948	8,803
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance			6,734
ASU 2016-13 | Core Banking Activities | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance			6,734
ASU 2016-13 | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance			6,734
ASU 2016-13 | Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance			4,199
ASU 2016-13 | Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance			148
ASU 2016-13 | Residential Real Estate | Home equity | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance			1,652
ASU 2016-13 | Commercial Real Estate | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance			273
ASU 2016-13 | Construction & land development | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance			1,447
ASU 2016-13 | Commercial | Commercial and Industrial | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance			(1,318)
ASU 2016-13 | Consumer | Credit cards | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance			33
ASU 2016-13 | Consumer | Automobile loans | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance			(7)
ASU 2016-13 | Consumer | Other consumer | Traditional Banking | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance			$ 307

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NON-PERFORMING LOANS (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 15,562	$ 20,504
Loans past due 90 days or more and still on accrual	756	48
Total nonperforming loans	16,318	20,552
Other real estate owned	1,581	1,792
Total nonperforming assets	$ 17,899	$ 22,344
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.36%	0.46%
Nonperforming assets to total loans (including OREO) (as percent)	0.40%	0.50%
Nonperforming assets to total assets (as percent)	0.31%	0.37%
Core Banking Activities
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 15,562	$ 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)	0.37%	0.47%
Nonperforming assets to total loans (including OREO) (as percent)	0.40%	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	12 Months Ended
	Dec. 31, 2022 USD ($) item	Dec. 31, 2021 USD ($)
Aging or recorded investments in loans
Nonaccrual with ACLL	$ 3,324	$ 6,097
Nonaccrual with no ACLL	12,238	14,407
Nonaccrual	15,562	20,504
Financing Receivable, 90 Days or More Past Due, Still Accruing	756	48
Interest Income Recognized on Nonaccrual Loans	$ 2,664	1,199
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	$ 15,562	20,504
Financing Receivable, 90 Days or More Past Due, Still Accruing		1
Traditional Banking
Aging or recorded investments in loans
Nonaccrual	15,562	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	756	47
Residential Real Estate | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	2,252	1,944
Nonaccrual with no ACLL	11,136	10,095
Nonaccrual	13,388	12,039
Interest Income Recognized on Nonaccrual Loans	1,000	874
Residential Real Estate | Residential Real Estate - Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	13,388	12,039
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	56	31
Nonaccrual with no ACLL	61	64
Nonaccrual	117	95
Interest Income Recognized on Nonaccrual Loans	1	6
Residential Real Estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	117	95
Residential Real Estate | Home equity
Aging or recorded investments in loans
Nonaccrual with no ACLL	815	1,700
Nonaccrual	815	1,700
Interest Income Recognized on Nonaccrual Loans	263	152
Residential Real Estate | Home equity | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	815	1,700
Commercial Real Estate
Aging or recorded investments in loans
Nonaccrual with ACLL	1,001	4,105
Nonaccrual with no ACLL		2,452
Nonaccrual	1,001	6,557
Interest Income Recognized on Nonaccrual Loans	1,384	154
Commercial Real Estate | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	1,001	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		3
Commercial | Commercial and Industrial | Traditional Banking
Aging or recorded investments in loans
Nonaccrual		13
Consumer
Aging or recorded investments in loans
Nonaccrual with ACLL	15	17
Nonaccrual with no ACLL	226	83
Nonaccrual	241	100
Interest Income Recognized on Nonaccrual Loans	16	10
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	31	97
Consumer | Other consumer | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	210	3
Republic Credit Solution | Republic Processing Group
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	$ 756	$ 47

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES - DELINQUENT LOANS (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Aging or recorded investments in loans
Loans	$ 4,515,802	$ 4,496,562
30 - 59 Days Delinquent
Aging or recorded investments in loans
Loans	$ 9,966	$ 5,842
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.22%	0.13%
60 - 89 Days Delinquent
Aging or recorded investments in loans
Loans	$ 3,241	$ 1,410
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.07%	0.03%
90 + Days Delinquent
Aging or recorded investments in loans
Loans	$ 2,053	$ 6,213
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.05%	0.14%
Past Due
Aging or recorded investments in loans
Loans	$ 15,260	$ 13,465
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.34%	0.30%
Current
Aging or recorded investments in loans
Loans	$ 4,500,542	$ 4,483,097
Residential Real Estate | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	911,427	820,731
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	321,358	306,323
Residential Real Estate | Home equity
Aging or recorded investments in loans
Carrying value of loans	241,739	210,578
Commercial Real Estate
Aging or recorded investments in loans
Carrying value of loans	1,599,510	1,456,009
Construction & land development
Aging or recorded investments in loans
Carrying value of loans	153,875	129,337
Commercial | Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	408,407	340,363
Commercial | Paycheck Protection Program
Aging or recorded investments in loans
Carrying value of loans	4,980	56,014
Lease Financing Receivables
Aging or recorded investments in loans
Lease financing receivables	10,505	8,637
Aircraft
Aging or recorded investments in loans
Carrying value of loans	179,785	142,894
Consumer
Aging or recorded investments in loans
Carrying value of loans	23,556	31,073
Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	403,560	850,550
Tax Refund Solution
Aging or recorded investments in loans
Carrying value of loans	149,272	50,987
Republic Credit Solution
Aging or recorded investments in loans
Carrying value of loans	107,828	93,066
Core Banking Activities
Aging or recorded investments in loans
Loans	4,258,702	4,352,509
Core Banking Activities | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Loans	3,478	832
Core Banking Activities | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Loans	1,285	432
Core Banking Activities | 90 + Days Delinquent
Aging or recorded investments in loans
Loans	1,297	6,166
Core Banking Activities | Past Due
Aging or recorded investments in loans
Loans	6,060	7,430
Core Banking Activities | Current
Aging or recorded investments in loans
Loans	4,252,642	4,345,079
Core Banking Activities | Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	403,560	850,550
Traditional Banking
Aging or recorded investments in loans
Loans	3,855,142	3,501,959
Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	3,478	832
Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,285	432
Traditional Banking | 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,297	6,166
Traditional Banking | Past Due
Aging or recorded investments in loans
Carrying value of loans	6,060	7,430
Traditional Banking | Current
Aging or recorded investments in loans
Loans	3,849,082	3,494,529
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	911,427	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	2,382	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	1,185	383
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied | 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,267	610
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied | Past Due
Aging or recorded investments in loans
Carrying value of loans	4,834	1,599
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied | Current
Aging or recorded investments in loans
Carrying value of loans	906,593	819,132
Traditional Banking | Residential Real Estate | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	321,358	306,323
Traditional Banking | Residential Real Estate | Residential Real Estate - Non Owner Occupied | Current
Aging or recorded investments in loans
Carrying value of loans	321,358	306,323
Traditional Banking | Residential Real Estate | Home equity
Aging or recorded investments in loans
Carrying value of loans	241,739	210,578
Traditional Banking | Residential Real Estate | Home equity | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	56	38
Traditional Banking | Residential Real Estate | Home equity | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	93	35
Traditional Banking | Residential Real Estate | Home equity | 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	26	241
Traditional Banking | Residential Real Estate | Home equity | Past Due
Aging or recorded investments in loans
Carrying value of loans	175	314
Traditional Banking | Residential Real Estate | Home equity | Current
Aging or recorded investments in loans
Carrying value of loans	241,564	210,264
Traditional Banking | Commercial Real Estate
Aging or recorded investments in loans
Carrying value of loans	1,599,510	1,456,009
Traditional Banking | Commercial Real Estate | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	604
Traditional Banking | Commercial Real Estate | 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans		5,292
Traditional Banking | Commercial Real Estate | Past Due
Aging or recorded investments in loans
Carrying value of loans	604	5,292
Traditional Banking | Commercial Real Estate | Current
Aging or recorded investments in loans
Carrying value of loans	1,598,906	1,450,717
Traditional Banking | Construction & land development
Aging or recorded investments in loans
Carrying value of loans	153,875	129,337
Traditional Banking | Construction & land development | Current
Aging or recorded investments in loans
Carrying value of loans	153,875	129,337
Traditional Banking | Commercial | Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	408,407	340,363
Traditional Banking | Commercial | Commercial and Industrial | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	177	8
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	177	21
Traditional Banking | Commercial | Commercial and Industrial | Current
Aging or recorded investments in loans
Carrying value of loans	408,230	340,342
Traditional Banking | Commercial | Paycheck Protection Program
Aging or recorded investments in loans
Carrying value of loans	4,980	56,014
Traditional Banking | Commercial | Paycheck Protection Program | Current
Aging or recorded investments in loans
Carrying value of loans	4,980	56,014
Traditional Banking | Lease Financing Receivables
Aging or recorded investments in loans
Carrying value of loans	10,505	8,637
Lease financing receivables	10,505	8,637
Traditional Banking | Lease Financing Receivables | Current
Aging or recorded investments in loans
Carrying value of loans	10,505	8,637
Traditional Banking | Aircraft
Aging or recorded investments in loans
Carrying value of loans	179,785	142,894
Traditional Banking | Aircraft | Current
Aging or recorded investments in loans
Carrying value of loans	179,785	142,894
Traditional Banking | Consumer | Credit cards
Aging or recorded investments in loans
Carrying value of loans	15,473	14,510
Traditional Banking | Consumer | Credit cards | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	50	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	55	30
Traditional Banking | Consumer | Credit cards | Current
Aging or recorded investments in loans
Carrying value of loans	15,418	14,480
Traditional Banking | Consumer | Overdrafts
Aging or recorded investments in loans
Carrying value of loans	726	683
Traditional Banking | Consumer | Overdrafts | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	158	160
Traditional Banking | Consumer | Overdrafts | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1	3
Traditional Banking | Consumer | Overdrafts | 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1	1
Traditional Banking | Consumer | Overdrafts | Past Due
Aging or recorded investments in loans
Carrying value of loans	160	164
Traditional Banking | Consumer | Overdrafts | Current
Aging or recorded investments in loans
Carrying value of loans	566	519
Traditional Banking | Consumer | Automobile loans
Aging or recorded investments in loans
Carrying value of loans	6,731	14,448
Traditional Banking | Consumer | Automobile loans | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	8
Traditional Banking | Consumer | Automobile loans | 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	3	9
Traditional Banking | Consumer | Automobile loans | Past Due
Aging or recorded investments in loans
Carrying value of loans	11	9
Traditional Banking | Consumer | Automobile loans | Current
Aging or recorded investments in loans
Carrying value of loans	6,720	14,439
Traditional Banking | Consumer | Other consumer
Aging or recorded investments in loans
Carrying value of loans	626	1,432
Traditional Banking | Consumer | Other consumer | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	43	1
Traditional Banking | Consumer | Other consumer | 60 - 89 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	44	1
Traditional Banking | Consumer | Other consumer | Current
Aging or recorded investments in loans
Carrying value of loans	582	1,431
Warehouse Lending | Warehouse line of credit
Aging or recorded investments in loans
Carrying value of loans	403,560	850,550
Warehouse Lending | Warehouse line of credit | Current
Aging or recorded investments in loans
Carrying value of loans	403,560	850,550
Republic Processing Group
Aging or recorded investments in loans
Carrying value of loans	257,100	144,053
Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	6,488	5,010
Republic Processing Group | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,956	978
Republic Processing Group | 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	756	47
Republic Processing Group | Past Due
Aging or recorded investments in loans
Carrying value of loans	9,200	6,035
Republic Processing Group | Current
Aging or recorded investments in loans
Carrying value of loans	247,900	138,018
Republic Processing Group | Tax Refund Solution | Easy Advances
Aging or recorded investments in loans
Carrying value of loans	97,505
Republic Processing Group | Tax Refund Solution | Easy Advances | Current
Aging or recorded investments in loans
Carrying value of loans	97,505
Republic Processing Group | Tax Refund Solution | Other TRS commercial and industrial loans
Aging or recorded investments in loans
Carrying value of loans	51,767	50,987
Republic Processing Group | Tax Refund Solution | Other TRS commercial and industrial loans | Current
Aging or recorded investments in loans
Carrying value of loans	51,767	50,987
Republic Processing Group | Republic Credit Solution
Aging or recorded investments in loans
Carrying value of loans	107,828	93,066
Republic Processing Group | Republic Credit Solution | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	6,488	5,010
Republic Processing Group | Republic Credit Solution | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	1,956	978
Republic Processing Group | Republic Credit Solution | 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	756	47
Republic Processing Group | Republic Credit Solution | Past Due
Aging or recorded investments in loans
Carrying value of loans	9,200	6,035
Republic Processing Group | Republic Credit Solution | Current
Aging or recorded investments in loans
Carrying value of loans	$ 98,628	$ 87,031

LOANS AND ALLOWANCE FOR CRED_11

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COLLATERAL DEPENDENT LOANS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 4,515,802	$ 4,496,562
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%
Residential Real Estate | Residential Real Estate - Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 911,427	820,731
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	321,358	306,323
Residential Real Estate | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	241,739	210,578
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,599,510	1,456,009
Construction & land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	153,875	129,337
Commercial | Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	408,407	340,363
Commercial | Paycheck Protection Program
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	4,980	56,014
Lease Financing Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	10,505	8,637
Aircraft
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	179,785	142,894
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	23,556	31,073
Traditional Banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,855,142	3,501,959
Traditional Banking | Real Estate | Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	20,215	23,605	$ 30,397
Traditional Banking | Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	236
Traditional Banking | Personal Property | Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans		466	249
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	911,427	820,731
Traditional Banking | Residential Real Estate | Residential Real Estate - Owner Occupied | Real Estate | Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	18,057	14,798	17,212
Traditional Banking | Residential Real Estate | Residential Real Estate - Non Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	321,358	306,323
Traditional Banking | Residential Real Estate | Residential Real Estate - Non Owner Occupied | Real Estate | Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	150	95	81
Traditional Banking | Residential Real Estate | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	241,739	210,578
Traditional Banking | Residential Real Estate | Home equity | Real Estate | Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	967	1,976	2,899
Traditional Banking | Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,599,510	1,456,009
Traditional Banking | Commercial Real Estate | Real Estate | Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,041	6,736	10,205
Traditional Banking | Construction & land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	153,875	129,337
Traditional Banking | Commercial | Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	408,407	340,363
Traditional Banking | Commercial | Commercial and Industrial | Personal Property | Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		192	12
Traditional Banking | Commercial | Paycheck Protection Program
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	4,980	56,014
Traditional Banking | Lease Financing Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	10,505	8,637
Total Loans	10,505	8,637
Traditional Banking | Aircraft
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	179,785	142,894
Traditional Banking | Aircraft | Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	210
Traditional Banking | Consumer | Personal Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 26
Traditional Banking | Consumer | Personal Property | Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		$ 274	$ 237

LOANS AND ALLOWANCE FOR CRED_12

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR ACCRUAL STATUS (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,475	2,429
Recorded Investment | $	$ 12,026	$ 15,386
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 | $	$ 3,436	$ 5,811
Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,408	2,361
Recorded Investment | $	$ 8,590	$ 9,575
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	150	152
Recorded Investment | $	$ 10,772	$ 11,035
Residential Real Estate | Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans | loan	66	63
Recorded Investment | $	$ 3,427	$ 3,179
Residential Real Estate | Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	84	89
Recorded Investment | $	$ 7,345	$ 7,856
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	4
Recorded Investment | $	$ 847	$ 3,814
Commercial Real Estate | Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans | loan		2
Recorded Investment | $		$ 2,575
Commercial Real Estate | Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	2
Recorded Investment | $	$ 847	$ 1,239
Commercial | Commercial and Industrial
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	3
Recorded Investment | $	$ 1	$ 46
Commercial | Commercial and Industrial | Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans | loan		2
Recorded Investment | $		$ 45
Commercial | Commercial and Industrial | Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1
Recorded Investment | $	$ 1	$ 1
Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,323	2,270
Recorded Investment | $	$ 406	$ 491
Consumer | Loans on non-accrual status
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1
Recorded Investment | $	$ 9	$ 12
Consumer | Accrual Loans
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,322	2,269
Recorded Investment | $	$ 397	$ 479

LOANS AND ALLOWANCE FOR CRED_13

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR MODIFICATIONS (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan	Dec. 31, 2020 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 | loan	2,475	2,429
Recorded Investment	$ 12,026,000	$ 15,386,000
Commitments to lend any additional material amounts to existing TDR relationships	0
Change between the pre and post modification loan	$ 0	$ 0	$ 0
Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	1,076	640	510
Recorded Investment	$ 2,241,000	$ 881,000	$ 1,106,000
Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 159,000
Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,466	2,413
Recorded Investment	$ 11,407,000	$ 12,177,000
Percentage of troubled debt restructurings performing as per terms of modifications	95%	79%
Specific reserve allocations made to customers	$ 769,000	$ 2,000,000
Percentage of Bank's TDRs that occurred during period, which were performing according to their modified terms	87%	69%	88%
Specific ACLL allocations made to customers whose loan terms were modified in TDRs during period	$ 45,000	$ 45,000	$ 48,000
Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	1,073	635	506
Recorded Investment	$ 1,944,000	$ 609,000	$ 972,000
Performing Financing Receivable | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 159,000
Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan	9	16
Recorded Investment	$ 619,000	$ 3,209,000
Nonperforming Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans	3	5	4
Recorded Investment	$ 297,000	$ 272,000	$ 134,000
Residential Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	150	152
Recorded Investment	$ 10,772,000	$ 11,035,000
Residential Real Estate | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	70	86
Recorded Investment	$ 6,547,000	$ 7,764,000
Residential Real Estate | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	7	7
Recorded Investment	$ 699,000	$ 729,000
Residential Real Estate | Legal Modification [Member]
Troubled Debt Restructurings disclosures
Number of Loans | loan	73	59
Recorded Investment	$ 3,526,000	$ 2,542,000
Residential Real Estate | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	34	15	21
Recorded Investment	$ 2,096,000	$ 740,000	$ 888,000
Residential Real Estate | Modified During The Period | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	1		3
Recorded Investment	$ 192,000		$ 56,000
Residential Real Estate | Modified During The Period | Legal Modification [Member]
Troubled Debt Restructurings disclosures
Number of Loans | loan	33	14	18
Recorded Investment	$ 1,904,000	$ 581,000	$ 832,000
Residential Real Estate | Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan	141	137
Recorded Investment	$ 10,153,000	$ 10,290,000
Residential Real Estate | Performing Financing Receivable | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	67	82
Recorded Investment	$ 6,305,000	$ 7,461,000
Residential Real Estate | Performing Financing Receivable | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	7	7
Recorded Investment	$ 699,000	$ 729,000
Residential Real Estate | Performing Financing Receivable | Legal Modification [Member]
Troubled Debt Restructurings disclosures
Number of Loans | loan	67	48
Recorded Investment	$ 3,149,000	$ 2,100,000
Residential Real Estate | Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	31	10	17
Recorded Investment	$ 1,799,000	$ 468,000	$ 754,000
Residential Real Estate | Performing Financing Receivable | Modified During The Period | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	1		2
Recorded Investment	$ 192,000		$ 53,000
Residential Real Estate | Performing Financing Receivable | Modified During The Period | Legal Modification [Member]
Troubled Debt Restructurings disclosures
Number of Loans | loan	30	9	15
Recorded Investment	$ 1,607,000	$ 309,000	$ 701,000
Residential Real Estate | Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan	9	15
Recorded Investment	$ 619,000	$ 745,000
Residential Real Estate | Nonperforming Financing Receivable | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	3	4
Recorded Investment	$ 242,000	$ 303,000
Residential Real Estate | Nonperforming Financing Receivable | Legal Modification [Member]
Troubled Debt Restructurings disclosures
Number of Loans | loan	6	11
Recorded Investment	$ 377,000	$ 442,000
Residential Real Estate | Nonperforming Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans	3	5	4
Recorded Investment	$ 297,000	$ 272,000	$ 134,000
Residential Real Estate | Nonperforming Financing Receivable | Modified During The Period | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan			1
Recorded Investment			$ 3,000
Residential Real Estate | Nonperforming Financing Receivable | Modified During The Period | Legal Modification [Member]
Troubled Debt Restructurings disclosures
Number of Loans	3	5	3
Recorded Investment	$ 297,000	$ 272,000	$ 131,000
Commercial Real Estate
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	4
Recorded Investment	$ 847,000	$ 3,814,000
Commercial related and construction/land development
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	7
Recorded Investment	$ 848,000	$ 3,860,000
Commercial related and construction/land development | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	1
Recorded Investment	$ 847,000	$ 919,000
Commercial related and construction/land development | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	1	6
Recorded Investment	$ 1,000	$ 2,941,000
Commercial related and construction/land development | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan		2	2
Recorded Investment		$ 45,000	$ 133,000
Commercial related and construction/land development | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan		2	2
Recorded Investment		$ 45,000	$ 133,000
Commercial related and construction/land development | Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan	2	6
Recorded Investment	$ 848,000	$ 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	$ 847,000	$ 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 | Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan		2	2
Recorded Investment		$ 45,000	$ 133,000
Commercial related and construction/land development | Performing Financing Receivable | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan		2	2
Recorded Investment		$ 45,000	$ 133,000
Commercial related and construction/land development | Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 2,464,000
Commercial related and construction/land development | Nonperforming Financing Receivable | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan		1
Recorded Investment		$ 2,464,000
Consumer
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,323	2,270
Recorded Investment	$ 406,000	$ 491,000
Consumer | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan		2,266
Recorded Investment		$ 470,000
Consumer | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,320	4
Recorded Investment	$ 393,000	$ 21,000
Consumer | Legal Modification [Member]
Troubled Debt Restructurings disclosures
Number of Loans | loan	3
Recorded Investment	$ 13,000
Consumer | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	1,042	623	487
Recorded Investment	$ 145,000	$ 96,000	$ 85,000
Consumer | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	1,042	621	486
Recorded Investment	$ 145,000	$ 92,000	$ 71,000
Consumer | Modified During The Period | Legal Modification [Member]
Troubled Debt Restructurings disclosures
Number of Loans | loan		2	1
Recorded Investment		$ 4,000	$ 14,000
Consumer | Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,323	2,270
Recorded Investment	$ 406,000	$ 491,000
Consumer | Performing Financing Receivable | Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans | loan		2,266
Recorded Investment		$ 470,000
Consumer | Performing Financing Receivable | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	2,320	4
Recorded Investment	$ 393,000	$ 21,000
Consumer | Performing Financing Receivable | Legal Modification [Member]
Troubled Debt Restructurings disclosures
Number of Loans | loan	3
Recorded Investment	$ 13,000
Consumer | Performing Financing Receivable | Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans | loan	1,042	623	487
Recorded Investment	$ 145,000	$ 96,000	$ 85,000
Consumer | Performing Financing Receivable | Modified During The Period | Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans | loan	1,042	621	486
Recorded Investment	$ 145,000	$ 92,000	$ 71,000
Consumer | Performing Financing Receivable | Modified During The Period | Legal Modification [Member]
Troubled Debt Restructurings disclosures
Number of Loans | loan		2	1
Recorded Investment		$ 4,000	$ 14,000

LOANS AND ALLOWANCE FOR CRED_14

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR MODIFIED CLASS (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan	Dec. 31, 2020 USD ($) loan
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	9	6	7
Recorded Investment with payment default | $	$ 484	$ 328	$ 250
Residential Real Estate | Residential Real Estate - Owner Occupied
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	7	5	5
Recorded Investment with payment default | $	$ 441	$ 314	$ 218
Residential Real Estate | Home equity
Troubled Debt Restructurings disclosures
Number of Loans with payment default | loan	2	1	2
Recorded Investment with payment default | $	$ 43	$ 14	$ 32

LOANS AND ALLOWANCE FOR CRED_15

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSED PROPERTIES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 1,581	$ 1,792
Commercial Real Estate
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 1,581	$ 1,792

LOANS AND ALLOWANCE FOR CRED_16

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSURE RECORDED INVESTMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Residential Real Estate | Foreclosure Proceedings In Process
Recorded investment in residential and consumer loans based on payment activity
Loans and Leases Receivable, Collateral for Secured Borrowings	$ 909	$ 508

LOANS AND ALLOWANCE FOR CRED_17

LOANS AND ALLOWANCE FOR CREDIT LOSSES - REFUND ADVANCES (Details) - Tax Refund Solutions - USD ($) $ in Thousands	2 Months Ended			12 Months Ended
	Feb. 28, 2022	Feb. 28, 2021	Feb. 29, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Refund Advances
Refund Advances originated.				$ 311,207	$ 250,045	$ 387,762
Net charge (credit) to the Provision for Refund Advances				$ 6,674	$ 6,723	$ 13,033
Provision to total Refund Advances originated				2.14%	2.69%	3.36%
Refund Advances net charge-offs (recoveries)				$ 6,674	$ 6,723	$ 13,033
Refund Advances net charge-offs (recoveries) to total Refund Advances originated				2.14%	2.69%	3.36%
Easy Advances
Period Refund Advance tax credit product offered	2 months	2 months	2 months

LOANS AND ALLOWANCE FOR CRED_18

LOANS AND ALLOWANCE FOR CREDIT LOSSES - EARLY SEASONS REFUND ADVANCES (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Early Season Refund Advances originated	$ 97,505
Net charge (credit) to the Provision for Early Season Refund Advances	$ 3,797
Provision to total Early Season Refund Advances originated	3.89%

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
PREMISES AND EQUIPMENT
Total premises and equipment	$ 110,552	$ 110,306
Less: Accumulated depreciation and amortization	78,574	74,233
Premises and equipment, net	31,978	36,073
Depreciation expense	7,598	8,986	$ 9,725
Land
PREMISES AND EQUIPMENT
Total premises and equipment	3,818	3,818
Buildings and improvements
PREMISES AND EQUIPMENT
Total premises and equipment	32,780	32,629
Furniture, fixtures and equipment
PREMISES AND EQUIPMENT
Total premises and equipment	51,652	51,429
Leasehold improvements
PREMISES AND EQUIPMENT
Total premises and equipment	21,755	$ 22,430
Construction in progress
PREMISES AND EQUIPMENT
Total premises and equipment	$ 547

RIGHT-OF-USE ASSETS AND OPERA_3

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Details)	3 Months Ended			9 Months Ended	12 Months Ended
	Dec. 31, 2021 USD ($) item	Jun. 30, 2021 USD ($) lease	Dec. 31, 2020 USD ($) lease	Sep. 30, 2022 USD ($) lease	Dec. 31, 2022 USD ($) item contract	Dec. 31, 2021 USD ($) lease
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Number of separate and distinct operating lease contracts to lease the land and/or buildings | contract					45
Number of offices where separate and distinct operating lease contracts to lease the land and/or buildings is held | item					37
Number of operating leases contracted with a related party of the Company | item					12
Number of operating leases considered variable | item					22
Number of new operating leases executed | lease						0
Related party lease right-of-use asset upon commencement of lease				$ 6,000,000
Right-of-use assets	$ 38,825,000				$ 37,017,000	$ 38,825,000
Third Party
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Number of new operating leases executed | lease				2
Number of third party lease extensions | lease		1		6
Extended lease term		5 years
Right-of-use assets		$ 263,000
Related Party
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Number of related party leases renewed | lease			1	1
Number of amendments on one related party lease | item	2
Related party lease right-of-use asset upon commencement of lease			$ 392,000
Right-of-use assets	$ 1,100,000					$ 1,100,000

RIGHT-OF-USE ASSETS AND OPERA_4

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES - OPERATING LEASE EXPENSE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating lease expense:
Total operating lease expense	$ 7,565	$ 7,217	$ 7,379
Cash paid for amounts included in the measurement of operating lease liabilities	6,847	$ 7,286	7,254
Cash paid for variable rent payments not included in measurement of operating lease liabilities	$ 603
Weighted average remaining term in years	8 years 5 months 8 days	7 years 6 months 25 days
Weighted average discount rate	2.10%	3.05%
Related Party
Operating lease expense:
Variable lease expense	$ 4,831	$ 4,921	4,885
Fixed lease expense	207	137	91
Third Party
Operating lease expense:
Variable lease expense	1,001	787	786
Fixed lease expense	$ 1,526	$ 1,372	$ 1,617

RIGHT-OF-USE ASSETS AND OPERA_5

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES - OPERATING LEASE LIABILITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Operating lease liabilities
2023	$ 6,572
2024	5,870
2025	5,179
2026	4,950
2027	4,667
Thereafter	15,352
Total undiscounted cash flows	42,590
Discount applied to cash flows	(4,781)
Total discounted cash flows reported as operating lease liabilities	37,809	$ 39,672
Related Party
Operating lease liabilities
2023	4,050
2024	3,726
2025	3,570
2026	3,640
2027	3,680
Thereafter	11,751
Total undiscounted cash flows	30,417
Discount applied to cash flows	(3,258)
Total discounted cash flows reported as operating lease liabilities	27,159
Third Party
Operating lease liabilities
2023	2,522
2024	2,144
2025	1,609
2026	1,310
2027	987
Thereafter	3,601
Total undiscounted cash flows	12,173
Discount applied to cash flows	(1,523)
Total discounted cash flows reported as operating lease liabilities	$ 10,650

GOODWILL AND CORE DEPOSIT INT_3

GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS - GOODWILL (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Balance for goodwill
Beginning of period	$ 16,300	$ 16,300	$ 16,300
Acquired goodwill	0	0	0
Impairment	0	0	0
End of period	$ 16,300	$ 16,300	$ 16,300

INTEREST RATE SWAPS - NON-HEDGE

INTEREST RATE SWAPS - NON-HEDGE (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Counterparty
Information about derivatives and swaps
Fair value of securities pledged as collateral	$ 560,000	$ 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	263,336,000	247,850,000
Interest rate swap | Non-Hedge | Bank Clients
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	40,032,000	107,502,000
Interest rate swaps with Bank clients - Liabilities, Notional Amount	91,636,000	16,423,000
Interest rate swaps with Bank clients - Total, Notional Amount	131,668,000	123,925,000
Interest rate swaps with Bank clients - Assets	1,386,000	5,786,000
Interest rate swaps with Bank clients - Liabilities	(6,742,000)	(298,000)
Interest rate swaps with Bank clients - Total, Fair Value	(5,356,000)	5,488,000
Interest rate swap | Non-Hedge | Counterparty
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	91,636,000	16,423,000
Interest rate swaps with Bank clients - Liabilities, Notional Amount	40,032,000	107,502,000
Interest rate swaps with Bank clients - Total, Notional Amount	131,668,000	123,925,000
Offsetting interest rate swaps with institutional swap dealer - Assets, Fair Value	6,742,000	298,000
Offsetting interest rate swaps with institutional swap dealer - Liabilities, Fair Value	(1,386,000)	(5,786,000)
Offsetting interest rate swaps with institutional swap dealer - Total, Fair Value	$ 5,356,000	$ (5,488,000)

DEPOSITS - Balances (Details)

DEPOSITS - Balances (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deposit Liabilities
Total interest-bearing deposits	$ 2,629,077	$ 2,849,637
Total non interest-bearing deposits	1,908,768	1,989,679
Total deposits	4,537,845	4,839,316
Core Banking Activities
Deposit Liabilities
Demand	1,336,082	1,381,522
Money market accounts	707,272	789,876
Savings	323,015	311,624
Reciprocal money market	28,635	60,685
Individual retirement accounts	38,640	43,724
Time deposits, $250 and over	54,855	81,050
Other certificates of deposit	129,324	154,174
Reciprocal time deposits	7,405	17,265
Total interest-bearing deposits	2,625,228	2,839,920
Total non interest-bearing deposits	1,464,493	1,579,171
Total deposits	4,089,721	4,419,091
Republic Processing Group
Deposit Liabilities
Money market accounts	3,849	9,717
Total interest-bearing deposits	3,849	9,717
Brokered prepaid cards deposits	328,655	320,907
Other noninterest-bearing deposits	115,620	89,601
Total non interest-bearing deposits	444,275	410,508
Total deposits	$ 448,124	$ 420,225

DEPOSITS - Maturities (Details)

DEPOSITS - Maturities (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Scheduled maturities of all time deposits, including brokered certificates of deposit
2023	$ 173,120
2024	27,226
2025	16,815
2026	3,611
2027	8,589
Thereafter	128
Time Deposits, Total	$ 229,489
Weighted Average Rate
2023	1.40%
2024	1.42%
2025	1.45%
2026	0.29%
2027	1.45%
Thereafter	1.98%
Total	1.39%

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Securities sold under agreements to repurchase
Outstanding balance at end of period	$ 216,956	$ 290,967
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase
Securities pledged more than repurchase agreements (as a percent)	2%
Outstanding balance at end of period	$ 216,956	$ 290,967
Weighted average interest rate at end of period (as a percent)	0.41%	0.04%
Fair Value of securities pledged	$ 254,296	$ 309,815
Average outstanding balance during the period	$ 265,188	$ 231,430	$ 204,797
Average interest rate during the period (as a percent)	0.15%	0.03%	0.09%
Maximum outstanding at any month end during the period	$ 303,315	$ 432,047	$ 295,698
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	$ 254,296	108,813
Securities sold under agreements to repurchase | Mortgage backed securities - residential
Securities sold under agreements to repurchase
Fair Value of securities pledged		167,561
Securities sold under agreements to repurchase | Collateralized mortgage obligations
Securities sold under agreements to repurchase
Fair Value of securities pledged		$ 33,441

FEDERAL HOME LOAN BANK ADVANC_3

FEDERAL HOME LOAN BANK ADVANCES - FHLB ADVANCES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
FHLB advances
Total FHLB advances	$ 95,000	$ 25,000
FHLB advances early termination penalties	0	0	$ 2,108
FHLB advances payoff			$ 60,000
Additional collateralized advances available	899,000	900,000
Overnight advance with an interest rate of 0.11% due on July 1, 2014
FHLB advances
Total FHLB advances	75,000	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	Dec. 31, 2022	Dec. 31, 2021
FEDERAL HOME LOAN BANK ADVANCES
2023 (Overnight)	$ 75,000
2027	20,000
Total	$ 95,000	$ 25,000
Weighted Average Rate
2023 (Overnight)	4.36%
2027	1.89%
Total	3.84%

FEDERAL HOME LOAN BANK ADVANC_5

FEDERAL HOME LOAN BANK ADVANCES - SHORT-TERM FHLB ADVANCES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
FHLB advances
Outstanding balance at end of year	$ 95,000	$ 25,000
Interest rate (as percent)	3.84%
Federal Home Loan Bank advances.
FHLB advances
Outstanding balance at end of year	$ 75,000	25,000
Average outstanding balance during the period	$ 4,630	$ 28,767	$ 25,546
Average interest rate during the period (as percent)	0.53%	0.15%	0.81%
Maximum outstanding at any month end during the period	$ 75,000	$ 25,000	$ 250,000
Federal Home Loan Bank advances. | Weighted Average
FHLB advances
Interest rate (as percent)	4.36%	0.14%

FEDERAL HOME LOAN BANK ADVANC_6

FEDERAL HOME LOAN BANK ADVANCES - LOANS PLEDGED (Details) - USD ($) $ in Thousands	Dec. 31, 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	$ 1,106,287	$ 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	$ 219,644	$ 186,396

SUBORDINATED NOTE (Details)

SUBORDINATED NOTE (Details) $ in Millions	12 Months Ended
	Dec. 31, 2005 USD ($)
Republic Bancorp Capital Trust | Trust Preferred Securities
Subordinated note
Proceeds from issuance of trust preferred securities	$ 40

OFF BALANCE SHEET RISKS, COMM_3

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Commitments and letters of credit
Loan commitment, line credit	$ 2,105,396	$ 1,754,808
Increase in unused commitments	192,000
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	1,052	989
Provision	198	63	$ 533
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	1,250	1,052	989
Unused warehouse lines of credit
Commitments and letters of credit
Loan commitment, line credit	733,940	565,950
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	154	79
Provision	36	75
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	190	154	79
Unused home equity lines of credit
Commitments and letters of credit
Loan commitment, line credit	410,057	348,681
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	247	173
Provision	85	74
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	332	247	173
Unused loan commitments - other
Commitments and letters of credit
Loan commitment, line credit	951,021	828,229
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	651	737
Provision	77	(86)
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	728	651	$ 737
Standby letters of credit
Commitments and letters of credit
Loan commitment, line credit	9,735	11,305
FHLB letters of credit
Commitments and letters of credit
Loan commitment, line credit	$ 643	$ 643

STOCKHOLDERS' EQUITY AND REGU_3

STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL MATTERS - EQUITY (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) item
Dividend Restrictions
Number of previous years retained profit considered for dividend payment	2 years
Amount of dividend that can be declared without prior approval | $	$ 92
Class A Common Stock
Common Stock
Dividends common stock cash as percentage of cash dividend paid on Class B common stock	110%
Number of votes per share	1
Class B Common Stock
Common Stock
Number of votes per share	10

STOCKHOLDERS' EQUITY AND REGU_4

STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL MATTERS - REGULATORY (Details) $ in Thousands	Dec. 31, 2022 USD ($) item	Dec. 31, 2021 USD ($)
REGULATORY CAPITAL MATTERS
Number of classifications | item	5
Republic Bancorp, Inc.
Actual Amount
Total capital to risk weighted assets	$ 941,865	$ 879,310
Common equity tier 1 capital to risk weighted assets	877,735	824,326
Tier 1 (core) capital to risk weighted assets	877,735	824,326
Tier 1 leverage capital to average assets	$ 877,735	$ 824,326
Actual Ratio
Total capital to risk weighted assets ratio	0.1792	0.1748
Common equity tier 1 capital to risk weighted assets ratio	0.1670	0.1639
Tier 1 (core) capital to risk weighted assets ratio	0.1670	0.1639
Tier 1 leverage capital to average assets ratio	0.1481	0.1336
Minimum Requirement for Capital Adequacy Purposes Amount
Total capital to risk weighted assets	$ 420,514	$ 402,327
Common equity Tier 1 capital to risk weighted assets	236,539	226,309
Tier 1 (core) capital to risk weighted assets	315,386	301,745
Tier 1 leverage capital to average assets	$ 237,106	$ 246,751
Minimum Requirement for Capital Adequacy Purposes Ratio
Total capital to risk weighted assets ratio	0.0800	0.0800
Common equity tier 1 capital to risk weighted assets ratio	0.0450	0.0450
Tier 1 (core) capital to risk weighted assets ratio	0.0600	0.0600
Tier 1 leverage capital to average assets ratio	0.0400	0.0400
Republic Bank & Trust Co.
Actual Amount
Total capital to risk weighted assets	$ 904,592	$ 862,637
Common equity tier 1 capital to risk weighted assets	840,462	807,653
Tier 1 (core) capital to risk weighted assets	840,462	807,653
Tier 1 leverage capital to average assets	$ 840,462	$ 807,653
Actual Ratio
Total capital to risk weighted assets ratio	0.1723	0.1716
Common equity tier 1 capital to risk weighted assets ratio	0.1601	0.1607
Tier 1 (core) capital to risk weighted assets ratio	0.1601	0.1607
Tier 1 leverage capital to average assets ratio	0.1409	0.1311
Minimum Requirement for Capital Adequacy Purposes Amount
Total capital to risk weighted assets	$ 420,040	$ 402,166
Common equity Tier 1 capital to risk weighted assets	236,273	226,218
Tier 1 (core) capital to risk weighted assets	315,030	301,624
Tier 1 leverage capital to average assets	$ 238,578	$ 246,334
Minimum Requirement for Capital Adequacy Purposes Ratio
Total capital to risk weighted assets ratio	0.0800	0.0800
Common equity tier 1 capital to risk weighted assets ratio	0.0450	0.0450
Tier 1 (core) capital to risk weighted assets ratio	0.0600	0.0600
Tier 1 leverage capital to average assets ratio	0.0400	0.0400
Minimum Requirement to be Well Capitalized Under Prompt Corrective Action Provisions Amount
Total capital to risk weighted assets	$ 525,050	$ 502,707
Common equity Tier 1 capital to risk weighted assets	341,283	326,760
Tier 1 (core) capital to risk weighted assets	420,040	402,166
Tier 1 leverage capital to average assets	$ 298,222	$ 307,917
Minimum Requirement to be Well Capitalized Under Prompt Corrective Action Provisions Ratio
Total capital to risk weighted assets ratio	0.1000	0.1000
Common equity tier 1 capital to risk weighted assets ratio	0.0650	0.0650
Tier 1 (core) capital to risk weighted assets ratio	0.0800	0.0800
Tier 1 leverage capital to average assets ratio	0.0500	0.0500
Implementation of Basel III regulatory capital reforms and changes required by the Dodd-Frank Act
REGULATORY CAPITAL MATTERS
Capital Conversion Buffer	0.025
Minimum Requirement to be Well Capitalized Under Prompt Corrective Action Provisions Ratio
Total capital to risk weighted assets ratio	0.100
Common equity tier 1 capital to risk weighted assets ratio	6.5
Tier 1 (core) capital to risk weighted assets ratio	0.080
Tier 1 leverage capital to average assets ratio	0.050

FAIR VALUE - RECURRING BASIS (D

FAIR VALUE - RECURRING BASIS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial assets:
Total available-for-sale debt securities	$ 620,365	$ 495,126
Mortgage loans held for sale, at fair value	1,302	29,393	$ 46,867	$ 19,224
Consumer loans held for sale	4,706	19,747	$ 3,298	$ 598
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	111	2,620
U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities	411,141	237,459
Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities	2,127	2,731
Mortgage backed securities - residential
Financial assets:
Total available-for-sale debt securities	171,873	210,749
Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities	21,368	30,294
Corporate bonds
Financial assets:
Total available-for-sale debt securities	10,001	10,046
Trust Preferred Securities
Financial assets:
Total available-for-sale debt securities	3,855	3,847
Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	111	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	620,365	495,126
Mortgage loans held for sale, at fair value	1,302	29,393
Consumer loans held for sale	4,706	19,747
Consumer loans held for investment	2	170
Rate lock loan commitments	2	1,404
Mandatory forward contracts		66
Fair Value, Assets	8,127	5,786
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	111	2,620
Financial Liabilities:
Mandatory forward contracts	67
Fair Value, Liabilities	8,127	5,786
Transfers between Level 1, 2 or 3	0	0
Recurring basis | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities	411,141	237,459
Recurring basis | Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities	2,127	2,731
Recurring basis | Mortgage backed securities - residential
Financial assets:
Total available-for-sale debt securities	171,873	210,749
Recurring basis | Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities	21,368	30,294
Recurring basis | Corporate bonds
Financial assets:
Total available-for-sale debt securities	10,001	10,046
Recurring basis | Trust Preferred Securities
Financial assets:
Total available-for-sale debt securities	3,855	3,847
Recurring basis | Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	111	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	193,385	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	193,385	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	420,998	418,436
Mortgage loans held for sale, at fair value	1,302	29,393
Rate lock loan commitments	2	1,404
Mandatory forward contracts		66
Fair Value, Assets	8,127	5,786
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	111	170
Financial Liabilities:
Mandatory forward contracts	67
Fair Value, Liabilities	8,127	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	217,756	167,347
Recurring basis | Fair Value, Inputs, Level 2 | Mortgage backed securities - residential
Financial assets:
Total available-for-sale debt securities	171,873	210,749
Recurring basis | Fair Value, Inputs, Level 2 | Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities	21,368	30,294
Recurring basis | Fair Value, Inputs, Level 2 | Corporate bonds
Financial assets:
Total available-for-sale debt securities	10,001	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	111	170
Recurring basis | Fair Value, Inputs, Level 3
Financial assets:
Total available-for-sale debt securities	5,982	6,578
Consumer loans held for sale	4,706	19,747
Consumer loans held for investment	2	170
Recurring basis | Fair Value, Inputs, Level 3 | Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities	2,127	2,731
Recurring basis | Fair Value, Inputs, Level 3 | Trust Preferred Securities
Financial assets:
Total available-for-sale debt securities	$ 3,855	$ 3,847

FAIR VALUE - RECONCILIATION USI

FAIR VALUE - RECONCILIATION USING SIGNIFICANT UNOBSERVABLE INPUTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Private label mortgage backed security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	$ 2,731	$ 2,957	$ 3,495
Net change in unrealized gain	(29)	63	(35)
Principal paydowns	(575)	(289)	(503)
Balance, end of period	2,127	2,731	2,957
Trust Preferred Securities
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	3,847	3,800	4,000
Discount accretion	57	53	56
Net change in unrealized gain	(49)	(6)	(256)
Balance, end of period	$ 3,855	$ 3,847	$ 3,800

FAIR VALUE - RECURRING LEVEL 3

FAIR VALUE - RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Private label mortgage backed security | Recurring basis
Fair value inputs quantitative information
Mortgage backed security fair value	$ 2,127	$ 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	0.25	0.50
Private label mortgage backed security | Maximum | Recurring basis | Constant Prepayment Rate
Fair value inputs quantitative information
Measurable input	0.047	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	0.35	0.75
Consumer Loans Held For Sale | Nonrecurring basis
Fair value inputs quantitative information
Consumer Loans Held for Sale Fair Value	$ 4,706	$ 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	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Fair Value, Option
Aggregate fair value	$ 1,302	$ 29,393	$ 46,867	$ 19,224
Contractual balance	$ 4,519,136	$ 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
Aggregate fair value	$ 1,302	$ 29,393
Contractual balance	1,265	28,668
Unrealized (loss) gain	37	725
Total included in earnings	(169)	(280)	2,914
Mortgage loans held for sale | Interest Income
Fair Value, Option
Total included in earnings	519	1,081	1,362
Mortgage loans held for sale | Change In Fair Value
Fair Value, Option
Total included in earnings	$ (688)	$ (1,361)	1,552
Consumer Loans Held For Sale
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual | loan	0	0
Aggregate fair value	$ 4,706	$ 19,747
Contractual balance	4,734	19,633
Unrealized (loss) gain	(28)	114
Total included in earnings	9,828	7,808	1,817
Consumer Loans Held For Sale | Interest Income
Fair Value, Option
Total included in earnings	9,970	7,708	1,808
Consumer Loans Held For Sale | Change In Fair Value
Fair Value, Option
Total included in earnings	$ (142)	$ 100	$ 9

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NON-RECURRING BASIS (Details) - Nonrecurring basis - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 2,362	$ 4,845
Other real estate owned	1,581	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	1,456	1,626
Residential Real Estate | Residential Real Estate - Non Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis		2,841
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	906
Other real estate owned	1,581
Fair Value, Inputs, Level 3
Fair Value Disclosures
Impaired loan on non-recurring basis	2,362	4,845
Other real estate owned	1,581	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	1,456	1,626
Fair Value, Inputs, Level 3 | Residential Real Estate | Residential Real Estate - Non Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis		2,841
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	906
Other real estate owned	$ 1,581

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	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Collateral Dependent Loans | Residential Real Estate | Residential Real Estate - Owner Occupied
Fair value inputs quantitative information
Fair Value	$ 1,456	$ 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	$ 906	$ 2,841
Collateral Dependent Loans | Commercial Real Estate | Comparability Adjustment | Minimum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.16	0.12
Collateral Dependent Loans | Commercial Real Estate | Comparability Adjustment | Maximum
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.16	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
Other Real Estate Owned | Commercial Real Estate
Fair value inputs quantitative information
Fair Value	$ 1,581	$ 1,792
Other Real Estate Owned | Commercial Real Estate | Comparability Adjustment
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.39	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	0.39	0.33

FAIR VALUE - COLLATERAL-DEPENDE

FAIR VALUE - COLLATERAL-DEPENDENT LOANS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Inputs, Level 3 | Nonrecurring basis
Provision for impairment on loan, lease and other losses
Provisions on collateral-dependent loans	$ 7	$ 960	$ 559

FAIR VALUE - OTHER REAL ESTATE

FAIR VALUE - OTHER REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value Disclosures
Total Carrying value of other real estate owned	$ 1,581	$ 1,792
Other real estate owned write-downs during the period	211	211	$ 105
Nonrecurring basis | Fair Value, Inputs, Level 3 | Other Real Estate Owned
Fair Value Disclosures
Other real estate owned carried at fair value	1,581	1,792	2,003
Other real estate owned carried at cost			496
Total Carrying value of other real estate owned	1,581	1,792	2,499
Other real estate owned write-downs during the period	$ 211	$ 211	$ 105

FAIR VALUE - CARRYING AMOUNTS A

FAIR VALUE - CARRYING AMOUNTS AND FV OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets:
Available-for-sale debt securities	$ 620,365	$ 495,126
Held-to-maturity debt securities	87,357	44,764
Equity securities with readily determinable fair value	111	2,620
Mortgage loans held for sale, at fair value	1,302	29,393	$ 46,867	$ 19,224
Consumer loans held for sale, at fair value	4,706	19,747	3,298	598
Consumer loans held for sale, at the lower of cost or fair value	13,169	2,937	$ 1,478	$ 11,646
Carrying Value
Assets:
Cash and cash equivalents	313,689	756,971
Available-for-sale debt securities	620,365	495,126
Held-to-maturity debt securities	87,386	44,299
Equity securities with readily determinable fair value	111	2,620
Mortgage loans held for sale, at fair value	1,302	29,393
Consumer loans held for sale, at fair value	4,706	19,747
Consumer loans held for sale, at the lower of cost or fair value	13,169	2,937
Loans, net	4,445,389	4,431,985
Federal Home Loan Bank stock	9,146	10,311
Accrued interest receivable	13,572	9,877
Mortgage servicing rights	8,769	9,196
Rate lock loan commitments		1,404
Mandatory forward contracts		66
Fair Value, Assets	8,127	5,786
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	216,956	290,967
Federal Home Loan Bank advances	95,000	25,000
Accrued interest payable	239	159
Fair Value, Liabilities	8,127	5,786
Carrying Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,908,768	1,989,679
Carrying Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,398,853	2,553,424
Carrying Value | Time deposits
Liabilities:
Deposit liabilities, fair value	230,224	296,213
Total Fair Value
Assets:
Cash and cash equivalents	313,689	756,971
Available-for-sale debt securities	620,365	495,126
Held-to-maturity debt securities	87,357	44,764
Equity securities with readily determinable fair value	111	2,620
Mortgage loans held for sale, at fair value	1,302	29,393
Consumer loans held for sale, at fair value	4,706	19,747
Consumer loans held for sale, at the lower of cost or fair value	13,169	2,937
Loans, net	4,276,423	4,445,244
Accrued interest receivable	13,572	1,441
Mortgage servicing rights	17,592	11,540
Rate lock loan commitments		1,404
Mandatory forward contracts		66
Fair Value, Assets	8,127	5,786
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	216,956	290,967
Federal Home Loan Bank advances	93,044	25,000
Accrued interest payable	239	159
Fair Value, Liabilities	8,127	5,786
Total Fair Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,908,768	1,989,679
Total Fair Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,398,853	2,553,424
Total Fair Value | Time deposits
Liabilities:
Deposit liabilities, fair value	223,912	298,236
Total Fair Value | Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	313,689	756,971
Available-for-sale debt securities	193,385	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	420,998	418,436
Held-to-maturity debt securities	87,357	44,764
Equity securities with readily determinable fair value	111	170
Mortgage loans held for sale, at fair value	1,302	29,393
Accrued interest receivable	2,462	1,441
Mortgage servicing rights	17,592	11,540
Rate lock loan commitments		1,404
Mandatory forward contracts		66
Fair Value, Assets	8,127	5,786
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	216,956	290,967
Federal Home Loan Bank advances	93,044	25,000
Accrued interest payable	239	159
Fair Value, Liabilities	8,127	5,786
Total Fair Value | Fair Value, Inputs, Level 2 | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,908,768	1,989,679
Total Fair Value | Fair Value, Inputs, Level 2 | Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,398,853	2,553,424
Total Fair Value | Fair Value, Inputs, Level 2 | Time deposits
Liabilities:
Deposit liabilities, fair value	223,912	298,236
Total Fair Value | Fair Value, Inputs, Level 3
Assets:
Available-for-sale debt securities	5,982	6,578
Consumer loans held for sale, at fair value	4,706	19,747
Consumer loans held for sale, at the lower of cost or fair value	13,169	2,937
Loans, net	4,276,423	4,445,244
Accrued interest receivable	$ 11,110	$ 8,436

MORTGAGE BANKING ACTIVITIES - M

MORTGAGE BANKING ACTIVITIES - MORTGAGE LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 29,393	$ 46,867	$ 19,224
Origination of mortgage loans held for sale	205,365	680,714	782,939
Proceeds from the sale of mortgage loans held for sale	(238,398)	(717,847)	(788,475)
Net gain on sale of mortgage loans held for sale	4,942	19,659	33,179
Balance, end of period	$ 1,302	$ 29,393	$ 46,867

MORTGAGE BANKING ACTIVITIES - L

MORTGAGE BANKING ACTIVITIES - LOANS SERVICED BY BANK (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Mortgage Loans Held-for-sale [Line Items]
Bank serviced loans	$ 1,387,314	$ 1,383,141
FHLMC
Mortgage Loans Held-for-sale [Line Items]
Bank serviced loans	966,677	1,004,199
Custodial escrow account balances maintained in connection with serviced loans	11,000	14,000
FNMA
Mortgage Loans Held-for-sale [Line Items]
Bank serviced loans	$ 420,637	$ 378,942

MORTGAGE BANKING ACTIVITIES - C

MORTGAGE BANKING ACTIVITIES - COMPONENTS OF INCOME (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Mortgage servicing rights
Net gain realized on sale of mortgage loans held for sale	$ 7,164	$ 23,114	$ 28,721
Net gain recognized	4,942	19,659	33,179
Loan servicing income	3,518	3,288	2,924
Amortization of mortgage servicing rights	(2,264)	(3,453)	(3,756)
Change in mortgage servicing rights valuation allowance		500	(500)
Net servicing income recognized	1,254	335	(1,332)
Total Mortgage Banking income	6,196	19,994	31,847
Mortgage Loans Held for Sale
Mortgage servicing rights
Net change in fair value	(688)	(1,361)	1,552
Rate lock loan commitments
Mortgage servicing rights
Net change in fair value	(1,402)	(3,136)	3,751
Mandatory forward contracts
Mortgage servicing rights
Net change in fair value	$ (132)	$ 1,042	$ (845)

MORTGAGE BANKING ACTIVITIES -_2

MORTGAGE BANKING ACTIVITIES - CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 9,196	$ 7,095	$ 5,888
Additions	1,838	5,054	5,463
Amortized to expense	(2,264)	(3,453)	(3,756)
Change in valuation allowance		500	(500)
Balance, end of period	$ 8,770	$ 9,196	$ 7,095

MORTGAGE BANKING ACTIVITIES - V

MORTGAGE BANKING ACTIVITIES - VALUATION OF CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Beginning valuation allowance	$ 500
Charge during the period	$ (500)	$ 500
Ending valuation allowance		$ 500

MORTGAGE BANKING ACTIVITIES - O

MORTGAGE BANKING ACTIVITIES - OTHER INFORMATION RELATING TO MSRS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
MORTGAGE BANKING ACTIVITIES
Fair value of mortgage servicing rights portfolio	$ 17,145	$ 11,540
Monthly weighted average prepayment rate of unpaid principal balance (as percent)	127%	208%
Discount rate (as percent)	10.21%	10.15%
Weighted average foreclosure rate	0.10%	0.19%
Weighted average life in years	7 years 6 months 14 days	5 years 11 months 4 days

MORTGAGE BANKING ACTIVITIES - A

MORTGAGE BANKING ACTIVITIES - AMORTIZATION EXPENSE OF MSR PORTFOLIO (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Estimated future amortization expense of the MSR portfolio (net of the impairment charge)
2023	$ 1,130
2024	1,127
2025	1,124
2026	1,098
2027	1,064
2028	936
Thereafter	2,291
Total	$ 8,770

MORTGAGE BANKING ACTIVITIES - N

MORTGAGE BANKING ACTIVITIES - NOTIONAL AMOUNTS AND FV (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 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	$ 1,265	$ 28,668
Fair Value, Assets	1,302	29,393
Rate lock loan commitments
Information about derivatives and swaps
Derivative Assets, Notional Amount	4,118	56,736
Fair Value, Assets	2	1,404
Mandatory forward contracts
Information about derivatives and swaps
Derivative Assets, Notional Amount		70,812
Fair Value, Assets		$ 66
Derivative Liabilities, Notional Amount	4,009
Fair Value, Liabilities	$ 67

STOCK PLANS AND STOCK BASED C_3

STOCK PLANS AND STOCK BASED COMPENSATION - NARRATIVE (Details)	12 Months Ended
	Dec. 31, 2022 shares
2015 Plan
STOCK PLANS AND STOCK BASED COMPENSATION
Number of shares available for grant permitted by plan	3,000,000
Maximum | 2015 Plan
STOCK PLANS AND STOCK BASED COMPENSATION
Vesting period	3 years
Stock option
STOCK PLANS AND STOCK BASED COMPENSATION
Outstanding or available for exercise	51,000
Stock option | 2015 Plan
STOCK PLANS AND STOCK BASED COMPENSATION
Exercisable period	1 year
Stock option | 2015 Plan | Class B Common Stock
STOCK PLANS AND STOCK BASED COMPENSATION
Outstanding or available for exercise	0
Stock option | Minimum | 2015 Plan
STOCK PLANS AND STOCK BASED COMPENSATION
Exercisable period	3 years
Stock option | Maximum | 2015 Plan
STOCK PLANS AND STOCK BASED COMPENSATION
Exercisable period	6 years
Restricted Stock Awards | Minimum | 2015 Plan
STOCK PLANS AND STOCK BASED COMPENSATION
Vesting period	3 years
Restricted Stock Awards | Maximum | 2015 Plan
STOCK PLANS AND STOCK BASED COMPENSATION
Vesting period	6 years
Performance Stock Units | 2015 Plan
STOCK PLANS AND STOCK BASED COMPENSATION
Vesting period	3 years
Exercisable period	1 year

STOCK PLANS AND STOCK BASED C_4

STOCK PLANS AND STOCK BASED COMPENSATION - ACTIVITY (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Information related to the stock option plan
Total cash received from options exercised, net of shares redeemed	$ 52,000	$ (142,000)
Information related to stock option and restricted stock awards granted
Expenses	1,649,000	$ 1,441,000	$ 859,000
Estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)
2023	1,187,000
2024	540,000
2025	92,000
2026	45,000
2027	13,000
Total	$ 1,877,000
Stock option
Weighted average assumptions used to determined fair value of stock options granted
Risk-free interest rate (as a percent)	1.35%	0.20%	0.44%
Expected dividend yield (as a percent)	2.50%	3.18%	3.53%
Expected stock price volatility (as a percent)	32.12%	31.71%	23.71%
Expected life of options (in years)	4 years	4 years	5 years
Estimated fair value per share of options granted (in dollars per share)	$ 10.41	$ 6.26	$ 4.06
Options
Outstanding, beginning of year (in shares)	460,502
Granted (in shares)	54,281
Exercised (in shares)	(5,250)
Forfeited or expired (in shares)	(44,500)
Outstanding, end of year (in shares)	465,033	460,502
Unvested (in shares)	414,033
Exercisable (vested) at end of year (in shares)	51,000
Weighted Average Exercise Price
Outstanding, beginning of year (in dollars per share)	$ 37.54
Granted (in dollars per share)	50.34
Exercised (in dollars per share)	34.17
Forfeited or expired (in dollars per share)	40.32
Outstanding, end of year (in dollars per share)	38.81	$ 37.54
Unvested (in dollars per share)	37.69
Exercisable (vested) at end of year (in dollars per share)	$ 47.87
Weighted Average Remaining Contractual Term (years)
Outstanding, end of year	2 years 3 months
Unvested	2 years 5 months 8 days
Exercisable (vested) at end of year	8 months 19 days
Aggregate Intrinsic Value
Outstanding, end of year	$ 2,322,635
Unvested	2,319,200
Exercisable (vested) at end of year	3,435
Information related to the stock option plan
Total intrinsic value of options exercised	57,000	$ 1,335,000	$ 634,000
Total cash received from options exercised, net of shares redeemed	52,000	(142,000)	210,000
Total tax benefit of options exercised	6,000	223,000	78,000
Information related to stock option and restricted stock awards granted
Expenses	560,000	574,000	463,000
Estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)
2023	622,000
2024	267,000
2025	38,000
2026	18,000
2027	5,000
Total	950,000
Stock option | Non-executive officer employees
Information related to the stock option plan
Outstanding loans	$ 178,000	$ 239,000
Restricted Stock Awards
Shares
Outstanding, beginning of year (in shares)	56,059
Granted (in shares)	12,174
Earned and issued (in shares)	(3,500)
Outstanding, end of year (in shares)	64,733	56,059
Vested (in shares)	64,733
Weighted-average grant date fair value
Outstanding, beginning of year (in dollars per share)	$ 39.12
Granted (in dollars per share)	46.05
Earned and issued (in dollars per share)	37.74
Outstanding, end of year (in dollars per share)	40.49	$ 39.12
Unvested and Expected to vest (in dollars per share)	$ 40.49
Other than option, Weighted-Average Remaining Contractual Term (years)
Outstanding, end of year	1 year 2 months 23 days
Information related to stock option and restricted stock awards granted
Total fair value of shares vested	$ 186,000	$ 50,000	46,000
Expenses	937,000	$ 738,000	$ 396,000
Estimated unrecognized stock option and restricted stock award expense related to unvested options and awards (net of estimated forfeitures)
2023	565,000
2024	273,000
2025	54,000
2026	27,000
2027	8,000
Total	$ 927,000
Restricted Stock Awards | Minimum
Shares
Unrecognized compensation expense recognition period	3 years
Restricted Stock Awards | Maximum
Shares
Unrecognized compensation expense recognition period	6 years
Performance Stock Units
Shares
Granted (in shares)	8,874	10,667
Forfeited (in shares)	(8,874)	(10,667)
Weighted-average grant date fair value
Granted (in dollars per share)	$ 51.39	$ 36.29
Forfeited (in dollars per share)	$ 51.39	$ 36.29
Information related to stock option and restricted stock awards granted
Expenses	$ 152,000	$ 129,000

STOCK PLANS AND STOCK BASED C_5

STOCK PLANS AND STOCK BASED COMPENSATION - DEFERRED COMPENSATION (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Director
Shares Deferred
Outstanding, beginning of period (in shares)	86,800
Deferred base salaries and dividend equivalents converted to stock units	18,241
Stock units converted to Class A Common Shares	(5,814)
Outstanding, end of period (in shares)	99,227	86,800
Vested (in shares)	99,227
Weighted Average Market Price at Date of Deferral
Outstanding, beginning of period (in dollars per share)	$ 29.98
Deferred base salaries and dividend equivalents converted to stock units (in dollars per share)	46.58
Stock units converted to Class A Common Shares (in dollars per share)	49.51
Outstanding, end of period (in dollars per share)	31.43	$ 29.98
Vested (in dollars per share)	$ 31.43
Weighted-Average Remaining Contractual Term (years)
Deferred compensation expense	$ 503	$ 417	$ 352
Director | Minimum
Deferred Compensation
Specified period during which board and committee fees may be deferred by participants	2 years
Director | Maximum
Deferred Compensation
Specified period during which board and committee fees may be deferred by participants	5 years
Key Employees
Deferred Compensation
Vesting period after Company match	5 years
Shares Deferred
Outstanding, beginning of period (in shares)	65,318
Deferred base salaries and dividend equivalents converted to stock units	9,389
Matching stock units credited (in shares)	9,315
Matching stock units forfeited (in shares)	(1,151)
Outstanding, end of period (in shares)	82,871	65,318
Vested (in shares)	47,742
Unvested (in shares)	35,129
Weighted Average Market Price at Date of Deferral
Outstanding, beginning of period (in dollars per share)	$ 40.57
Deferred base salaries and dividend equivalents converted to stock units (in dollars per share)	43.08
Matching stock units credited (in dollars per share)	43.08
Matching stock units forfeited (in dollar per share)	48.25
Outstanding, end of period (in dollars per share)	41.03	$ 40.57
Vested (in dollars per share)	41.47
Unvested (in dollars per share)	$ 40.43
Weighted-Average Remaining Contractual Term (years)
Outstanding, end of period	3 years 1 month 17 days
Deferred compensation expense	$ 408	$ 429	$ 408

STOCK PLANS AND STOCK BASED C_6

STOCK PLANS AND STOCK BASED COMPENSATION - KEY- EMPLOYEE DEFERRED COMPENSATION EXPENSE (Details) - Key Employees - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Deferred Compensation
Key-employee - base salary	$ 408	$ 429	$ 408
Key-employee - employer match	317	178	158
Total	$ 725	$ 607	$ 566

STOCK PLANS AND STOCK BASED C_7

STOCK PLANS AND STOCK BASED COMPENSATION - EMPLOYEE STOCK PURCHASE PLAN (Details) - ESPP - USD ($) $ in Thousands		3 Months Ended												12 Months Ended
	Apr. 19, 2018	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
ESPP expense														$ 104	$ 104	$ 94
Class A Common Stock
Employee Stock purchase price		85%	85%	85%	85%	85%	85%	85%	85%	85%	85%	85%	85%
Minimum | Class A Common Stock
Employee Stock purchase price	85%

BENEFIT PLANS (Details)

BENEFIT PLANS (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) employee	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
401 (k) Plan
BENEFIT PLANS
Eligible compensation enrolled within 30-days of their date of hire	6%
Period within which all the eligible employees are automatically enrolled for compensation	30 days
Minimum percentage of annual eligible compensation by the participants	1%
Maximum percentage of annual eligible compensation by the participants	75%
Percentage of employers matching contribution for participant contributions up to 1%	100%
Percentage of additional employers matching contribution	75%
Vesting period	2 years
Supplemental Executive Retirement Plan
Employer matching contributions	$ 3,096,000	$ 3,373,000	$ 3,205,000
Discretionary employer bonus matching contributions			117,000
Supplemental Employee Retirement Plan
Supplemental Executive Retirement Plan
Number of participants under SERP | employee	4
SERP liability incurred	$ 2,000,000	2,000,000
Employer matching contributions	$ 0	$ 232,000	$ 34,000
Minimum | 401 (k) Plan
BENEFIT PLANS
Percentage of participant contributions up to which employer matches additional 75% contribution	2%
Maximum | 401 (k) Plan
BENEFIT PLANS
Percentage of participant contributions up to which employer matches 100% contribution	1%
Percentage of participant contributions up to which employer matches additional 75% contribution	5%

INCOME TAXES - RECONCILIATION (

INCOME TAXES - RECONCILIATION (Details) - USD ($) $ in Thousands	3 Months Ended						6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current expense:
Federal											$ 24,537	$ 19,348	$ 25,762
State											5,939	4,169	2,450
Deferred expense:
Federal											(4,273)	(246)	(7,249)
State											(464)	560	(1,576)
Total income tax expense	$ 6,070	$ 6,675	$ 8,019	$ 3,149	$ 6,342	$ 6,648	$ 14,694	$ 14,339	$ 20,764	$ 20,681	$ 25,739	$ 23,831	$ 19,387
Effective tax rate that differs from that computed at the federal statutory rate
Federal corporate tax rate											21%	21%	21%
Effect of:
State taxes, net of federal benefit (as a percent)											3.70%	3.32%	1.43%
General business tax credits (as a percent)											(1.88%)	(1.76%)	(2.01%)
Nontaxable income (as a percent)											(1.00%)	(1.06%)	(0.75%)
Reversal of valuation allowance/establishment of net operating loss DTA (as a percent)													(0.04%)
Tax benefit of vesting employee benefits (as a percent)											(0.01%)	(0.20%)	(0.15%)
Deferred tax asset due to KY HB354 (as a percent)													(0.97%)
Other, net (as a percent)											0.22%	0.08%	0.38%
Effective tax rate (as a percent)											22.03%	21.38%	18.89%

INCOME TAXES - DEFERRED TAXES A

INCOME TAXES - DEFERRED TAXES AND OPERATING LOSS CARRYFORWARD (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Allowance for credit losses	$ 17,427,000	$ 16,071,000
Operating lease liabilities	9,362,000	9,884,000
Accrued expenses	5,901,000	5,721,000
Net operating loss carryforward	1,371,000	1,550,000
Acquisition fair value adjustments	101,000	124,000
Other-than-temporary impairment	567,000	402,000
Paycheck Protection Program Fees	31,000	337,000
R&D Capitalization	2,271,000
Unrealized investment security losses	10,657,000
Other	2,217,000	2,079,000
Total deferred tax assets	49,905,000	36,168,000
Deferred tax liabilities:
Right of use assets - operating leases	(9,166,000)	(9,673,000)
Depreciation and amortization	(2,835,000)	(3,682,000)
Federal Home Loan Bank dividends	(745,000)	(709,000)
Deferred loan costs	(2,153,000)	(2,275,000)
Lease Financing Receivables	(1,996,000)	(2,094,000)
Mortgage servicing rights	(2,172,000)	(2,291,000)
Unrealized investment securities gains		(625,000)
Total deferred tax liabilities	(19,067,000)	(21,349,000)
Net deferred tax asset	30,838,000	$ 14,819,000
Domestic
Net operating loss carry forward
Net operating loss carry forward, amount	5,900,000
Annual limit of use of operating loss carryforward	722,000
State
Net operating loss carry forward
Net operating loss carry forward, amount	3,200,000
Annual limit of use of operating loss carryforward	634,000
AMT credit carryforwards	$ 15,000

INCOME TAXES - UNRECOGNIZED TAX

INCOME TAXES - UNRECOGNIZED TAX BENEFITS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Reconciliation of the beginning and ending amount of unrecognized tax benefits
Balance, beginning of period	$ 2,191	$ 1,941	$ 1,707
Additions based on tax related to the current period	950	433	455
Additions for tax positions of prior periods		253	24
Reductions for tax positions of prior periods			(72)
Reductions due to the statute of limitations	(275)	(436)	(82)
Settlements			(91)
Balance, end of period	2,866	2,191	1,941
Amount of unrecognized tax benefits that, if recognized, would favorably affect the effective income tax rate in future periods	2,400
Amount of interest and penalties
Interest and penalties recorded in the income statement as a component of income tax expense	72	267	57
Interest and penalties accrued on balance sheet	$ 849	$ 777	$ 510

INCOME TAXES - LOW INCOME HOUSI

INCOME TAXES - LOW INCOME HOUSING TAX INVESTMENTS AND OBLIGATIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Investment
Low income housing tax credit - Gross	$ 42,306	$ 33,417
Life-to-date amortization	(10,591)	(6,181)
Low income housing tax credit - Net	31,715	27,236
Unfunded Obligations
Low income housing tax credit - Gross	43,609	23,383
Low income housing tax credit - Net	$ 43,609	$ 23,383

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
EARNINGS PER SHARE
Net income	$ 19,896	$ 24,347	$ 28,350	$ 17,218	$ 20,382	$ 23,958	$ 52,697	$ 50,011	$ 72,593	$ 70,393	$ 91,106	$ 87,611	$ 83,246
Dividends declared on Common Stock:
Undistributed net income for basic earnings per share											64,305	62,725	59,525
Weighted average potential dividends on Class A shares upon exercise of dilutive options											(87)	(100)	(35)
Undistributed net income for diluted earnings per share											$ 64,218	$ 62,625	$ 59,490
Weighted average shares outstanding:
Effect of dilutive securities on Class A Shares outstanding											64,000	82,000	30,000
Weighted average shares outstanding including dilutive securities											20,101,000	20,757,000	21,069,000
Stock option
Diluted earnings per share:
Antidilutive stock options (in shares)											178,000	144,000	338,995
Stock option | Weighted Average
Diluted earnings per share:
Antidilutive stock options (in shares)											128,000	142,625	282,489
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											$ (24,122)	$ (22,451)	$ (21,433)
Weighted average shares outstanding:
Weighted average shares outstanding											17,876,000	18,497,000	18,838,000
Basic earnings per share:
Per share dividends distributed											$ 1.36	$ 1.23	$ 1.14
Undistributed earnings per share											3.24	3.06	2.86
Total basic earnings per share	$ 1.01	$ 1.23	$ 1.42	$ 0.87	$ 1.01	$ 1.16	$ 2.65	$ 2.42	$ 3.66	$ 3.42	4.60	4.29	4
Diluted earnings per share:
Per share dividends distributed											1.36	1.23	1.14
Undistributed earnings per share											3.23	3.05	2.85
Total diluted earnings per share	1.01	1.22	1.42	0.86	1.01	1.16	2.64	2.41	3.65	3.41	$ 4.59	$ 4.28	$ 3.99
Class B Common Stock
Dividends declared on Common Stock:
Dividends declared on Common Stock											$ (2,679)	$ (2,435)	$ (2,288)
Weighted average shares outstanding:
Weighted average shares outstanding											2,161,000	2,178,000	2,201,000
Basic earnings per share:
Per share dividends distributed											$ 1.24	$ 1.12	$ 1.04
Undistributed earnings per share											2.95	2.78	2.60
Total basic earnings per share	0.92	1.12	1.29	0.78	0.92	1.06	2.41	2.20	3.33	3.12	4.19	3.90	3.64
Diluted earnings per share:
Per share dividends distributed											1.24	1.12	1.04
Undistributed earnings per share											2.93	2.77	2.59
Total diluted earnings per share	$ 0.92	$ 1.11	$ 1.29	$ 0.78	$ 0.91	$ 1.05	$ 2.40	$ 2.19	$ 3.32	$ 3.10	$ 4.17	$ 3.89	$ 3.63

TRANSACTIONS WITH RELATED PAR_3

TRANSACTIONS WITH RELATED PARTIES AND THEIR AFFILIATES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Loans made to executive officers and directors of Republic and their related interests
Beginning balance	$ 7,448,000
Effect of changes in composition of related parties	(740,000)
New loans	3,728,000
Repayments	(3,609,000)
Ending balance	6,827,000
Executive officers, directors and affiliates
Loans made to executive officers and directors of Republic and their related interests
Deposits from executive officers, directors, and their affiliates	126,000,000	$ 123,000,000
Bernard M. Trager | RB&T
Loans made to executive officers and directors of Republic and their related interests
Total aggregate annual premiums paid to date on the insurance policies held in the trust	690,000
Cash surrender value of the policies	2,000,000	2,000,000
Repayments of indebtedness due from beneficiaries, per terms of trust	240,000	$ 340,000
Net death benefit	$ 5,000,000

OTHER COMPREHENSIVE INCOME - CO

OTHER COMPREHENSIVE INCOME - COMPONENTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Available-for-Sale Debt Securities:
Unrealized losses on AFS debt securities	$ (45,109)	$ (8,908)	$ 7,147
Unrealized (loss) gain on AFS debt security for which a portion of OTTI has been recognized in earnings	(29)	63	(35)
Net gains (losses)	(45,138)	(8,845)	7,112
Tax Effect	11,285	2,210	(1,778)
Net of tax	(33,853)	(6,635)	5,334
Cash Flow Hedges:
Change in fair value of derivatives used for cash flow hedges			(177)
Reclassification amount for net derivative losses realized in income			281
Net gains (losses)			104
Tax effect			(27)
Net of tax			77
Total other comprehensive loss, net of tax	$ (33,853)	$ (6,635)	$ 5,411

OTHER COMPREHENSIVE INCOME - RE

OTHER COMPREHENSIVE INCOME - RECLASSIFICATION (Details) - USD ($) $ in Thousands	3 Months Ended						6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Significant amounts reclassified out of each component of AOCI
Interest expense on deposits											$ (6,757)	$ (5,039)	$ (15,089)
Interest expense on FHLB advances											(339)	(57)	(3,524)
Total interest expense											(7,493)	(5,666)	(19,943)
Income tax expense	$ (6,070)	$ (6,675)	$ (8,019)	$ (3,149)	$ (6,342)	$ (6,648)	$ (14,694)	$ (14,339)	$ (20,764)	$ (20,681)	(25,739)	(23,831)	(19,387)
Net income	$ 19,896	$ 24,347	$ 28,350	$ 17,218	$ 20,382	$ 23,958	$ 52,697	$ 50,011	$ 72,593	$ 70,393	$ 91,106	$ 87,611	83,246
Unrealized (loss) gain on cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income
Significant amounts reclassified out of each component of AOCI
Interest expense on deposits													(138)
Interest expense on FHLB advances													(143)
Total interest expense													(281)
Income tax expense													70
Net income													$ (211)

OTHER COMPREHENSIVE INCOME - AO

OTHER COMPREHENSIVE INCOME - AOCI Changes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Summary of the AOCI balances, net of tax
Balance at beginning of period	$ 835,054	$ 823,323	$ 764,244
Current Year Change	(33,853)	(6,635)	5,411
Balance at end of period	856,613	835,054	823,323
Accumulated Other Comprehensive Income
Summary of the AOCI balances, net of tax
Balance at beginning of period	1,874	8,509	3,098
Current Year Change	(33,853)	(6,635)
Balance at end of period	(31,979)	1,874	8,509
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	(33,824)	(6,681)
Balance at end of period	(32,934)	890	7,571
Unrealized (loss) gain 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	(29)	46
Balance at end of period	$ 955	$ 984	$ 938

PARENT COMPANY CONDENSED FINA_3

PARENT COMPANY CONDENSED FINANCIAL INFORMATION - ASSETS (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets:
Cash and cash equivalents	$ 313,689				$ 756,971
Security available for sale	620,365				495,126
TOTAL ASSETS	5,835,543				6,093,632			$ 6,168,325
Liabilities and Stockholders' Equity:
Other liabilities	47,711				40,240
Total stockholders' equity	856,613	$ 843,063	$ 843,866	$ 841,576	835,054	$ 839,066	$ 845,126	$ 823,323	$ 764,244
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	5,835,543				6,093,632
Parent
Assets:
Cash and cash equivalents	36,436				16,881
Security available for sale	3,855				3,847
Investment in bank subsidiary	819,144				818,092
Investment in non-bank subsidiaries	2,773				2,409
Other assets	2,465				3,741
TOTAL ASSETS	864,673				844,970
Liabilities and Stockholders' Equity:
Other liabilities	8,060				9,916
Total stockholders' equity	856,613				835,054
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 864,673				$ 844,970

PARENT COMPANY CONDENSED FINA_4

PARENT COMPANY CONDENSED FINANCIAL INFORMATION - INCOME AND COMPREHENSIVE INCOME (Details) - USD ($) $ in Thousands	3 Months Ended						6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income and expenses:
Interest Income	$ 60,617	$ 52,902	$ 64,110	$ 51,937	$ 54,966	$ 51,860	$ 117,012	$ 121,503	$ 177,629	$ 176,469	$ 244,184	$ 228,406	$ 252,258
Less: Interest expense											7,493	5,666	19,943
Less: Other expenses											16,760	14,568	15,660
Income tax benefit	(6,070)	(6,675)	(8,019)	(3,149)	(6,342)	(6,648)	(14,694)	(14,339)	(20,764)	(20,681)	(25,739)	(23,831)	(19,387)
NET INCOME	$ 19,896	$ 24,347	$ 28,350	$ 17,218	$ 20,382	$ 23,958	$ 52,697	$ 50,011	$ 72,593	$ 70,393	91,106	87,611	83,246
COMPREHENSIVE INCOME											57,253	80,976	88,657
Parent
Income and expenses:
Dividends from subsidiary											59,460	28,300	25,980
Interest Income											229	143	182
Other income											54	53	57
Less: Interest expense												507	1,000
Less: Other expenses											819	760	691
Income before income tax benefit											58,924	27,229	24,528
Income tax benefit											124	245	344
Income before equity in undistributed net income of subsidiaries											59,048	27,474	24,872
Equity in undistributed net income of subsidiaries											32,058	60,137	58,374
NET INCOME											91,106	87,611	83,246
COMPREHENSIVE INCOME											$ 57,253	$ 80,976	$ 88,657

PARENT COMPANY CONDENSED FINA_5

PARENT COMPANY CONDENSED FINANCIAL INFORMATION - CASH FLOWS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
STATEMENTS OF CASH FLOWS
Net income	$ 91,106	$ 87,611	$ 83,246
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of investment security	4,798	4,414	3,204
Change in other assets	(3,896)	(940)	(19,391)
Change in other liabilities	3,919	(5,672)	(3,872)
Net cash provided by operating activities	154,789	100,253	75,432
Investing activities:
Net cash (used in) provided by investing activities	(254,509)	306,553	(422,016)
Financing activities:
Common Stock repurchases	(12,577)	(47,528)	(3,935)
Net proceeds from Class A Common Stock purchased through employee stock purchase plan	590	591	533
Net proceeds from option exercises and equity awards vested - Class A Common Stock	52	(142)
Payoff of subordinated note, net of common security interest		(40,000)
Cash dividends paid	(26,145)	(24,699)	(23,204)
Net cash (used in) provided by financing activities	(343,562)	(135,422)	446,868
NET CHANGE IN CASH AND CASH EQUIVALENTS	(443,282)	271,384	100,284
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	756,971	485,587	385,303
CASH AND CASH EQUIVALENTS AT END OF PERIOD	313,689	756,971	485,587
Parent
STATEMENTS OF CASH FLOWS
Net income	91,106	87,611	83,246
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of investment security	(56)	(53)	(56)
Equity in undistributed net income of subsidiaries	(32,058)	(60,137)	(58,374)
Director deferred compensation - Parent Company	427	347	181
Change in other assets	4,571	(736)	1,609
Change in other liabilities	(5,428)	1,694	54
Net cash provided by operating activities	58,562	28,726	26,660
Investing activities:
Investment in venture capital fund	(337)
Investment in subsidiary bank	(590)	(591)	(533)
Net cash (used in) provided by investing activities	(927)	(591)	(533)
Financing activities:
Common Stock repurchases	(12,577)	(47,528)	(3,935)
Net proceeds from Class A Common Stock purchased through employee stock purchase plan	590	591	533
Net proceeds from option exercises and equity awards vested - Class A Common Stock	52	(142)
Payoff of subordinated note, net of common security interest		(40,000)
Cash dividends paid	(26,145)	(24,699)	(23,204)
Net cash (used in) provided by financing activities	(38,080)	(111,778)	(26,606)
NET CHANGE IN CASH AND CASH EQUIVALENTS	19,555	(83,643)	(479)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	16,881	100,524	101,003
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 36,436	$ 16,881	$ 100,524

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands		3 Months Ended						6 Months Ended		9 Months Ended		12 Months Ended
	Jun. 06, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue recognition
Net interest Income		$ 58,597	$ 51,814	$ 63,167	$ 50,899	$ 53,626	$ 50,349	$ 114,981	$ 118,215	$ 173,578	$ 171,841	$ 236,691	$ 222,740	$ 232,315
Noninterest income:
Mortgage banking income												6,196	19,994	31,847
Program fees												16,172	14,237	7,095
Increase in cash surrender value of BOLI												2,526	2,242	1,585
Total noninterest income					$ 17,079							89,810	86,575	87,053
Total net revenue												$ 326,501	$ 309,315	$ 319,368
Net-revenue concentration (as percent)												100%	100%	100%
Writedowns during entity's holding of property (as a percent)												10%
Core Banking Activities
Revenue recognition
Net interest Income												$ 185,791	$ 183,548	$ 186,700
Noninterest income:
Mortgage banking income												6,196	19,994	31,847
Increase in cash surrender value of BOLI												2,526	2,242	1,585
Total noninterest income												38,030	51,734	59,378
Total net revenue												$ 223,821	$ 235,282	$ 246,078
Net-revenue concentration (as percent)												69%	76%	77%
Traditional Banking
Revenue recognition
Net interest Income												$ 171,543	$ 157,249	$ 159,381
Noninterest income:
Increase in cash surrender value of BOLI												2,526	2,242	1,585
Total noninterest income												31,648	31,492	27,404
Total net revenue												$ 203,191	$ 188,741	$ 186,785
Net-revenue concentration (as percent)												63%	61%	59%
Warehouse Lending
Revenue recognition
Net interest Income												$ 13,729	$ 25,218	$ 25,957
Noninterest income:
Total noninterest income												50	57	24
Total net revenue												$ 13,779	$ 25,275	$ 25,981
Net-revenue concentration (as percent)												4%	8%	8%
Mortgage Banking
Revenue recognition
Net interest Income												$ 519	$ 1,081	$ 1,362
Noninterest income:
Mortgage banking income												6,196	19,994	31,847
Total noninterest income												6,332	20,185	31,950
Total net revenue												$ 6,851	$ 21,266	$ 33,312
Net-revenue concentration (as percent)												2%	7%	10%
Republic Processing Group
Revenue recognition
Net interest Income												$ 50,900	$ 39,192	$ 45,615
Noninterest income:
Program fees												16,172	14,237	7,095
Total noninterest income												51,780	34,841	27,675
Total net revenue												$ 102,680	$ 74,033	$ 73,290
Net-revenue concentration (as percent)												31%	24%	23%
Tax Refund Solutions
Revenue recognition
Net interest Income												$ 21,715	$ 15,837	$ 22,972
Noninterest income:
Program fees												2,872	3,171	2,193
Total noninterest income												38,480	23,775	22,773
Total net revenue												$ 60,195	$ 39,612	$ 45,745
Net-revenue concentration (as percent)												18%	13%	14%
Republic Credit Solutions
Revenue recognition
Net interest Income												$ 29,185	$ 23,355	$ 22,643
Noninterest income:
Program fees												13,300	11,066	4,902
Total noninterest income												13,300	11,066	4,902
Total net revenue												$ 42,485	$ 34,421	$ 27,545
Net-revenue concentration (as percent)												13%	11%	9%
Service charges on deposit accounts
Noninterest income:
Revenue under 606												$ 13,426	$ 12,553	$ 11,615
Service charges on deposit accounts | Core Banking Activities
Noninterest income:
Revenue under 606												13,438	12,563	11,634
Service charges on deposit accounts | Traditional Banking
Noninterest income:
Revenue under 606												13,388	12,506	11,571
Service charges on deposit accounts | Warehouse Lending
Noninterest income:
Revenue under 606												50	57	63
Service charges on deposit accounts | Republic Processing Group
Noninterest income:
Revenue under 606												(12)	(10)	(19)
Service charges on deposit accounts | Tax Refund Solutions
Noninterest income:
Revenue under 606												(12)	(10)	(19)
Net refund transfer fees
Noninterest income:
Revenue under 606												17,080	20,248	20,297
Net refund transfer fees | Republic Processing Group
Noninterest income:
Revenue under 606												17,080	20,248	20,297
Net refund transfer fees | Tax Refund Solutions
Noninterest income:
Revenue under 606												17,080	20,248	20,297
Interchange fee income
Noninterest income:
Revenue under 606												13,125	13,062	11,188
Interchange fee income | Core Banking Activities
Noninterest income:
Revenue under 606												12,943	12,777	10,978
Interchange fee income | Traditional Banking
Noninterest income:
Revenue under 606												12,943	12,777	10,978
Interchange fee income | Republic Processing Group
Noninterest income:
Revenue under 606												182	285	210
Interchange fee income | Tax Refund Solutions
Noninterest income:
Revenue under 606												182	285	210
Net gains (losses) on other real estate owned
Noninterest income:
Revenue under 606												(211)	(160)	(40)
Net gains (losses) on other real estate owned | Core Banking Activities
Noninterest income:
Revenue under 606												(211)	(160)	(40)
Net gains (losses) on other real estate owned | Traditional Banking
Noninterest income:
Revenue under 606												(211)	(160)	(40)
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												3,496	4,399	3,466
Other | Core Banking Activities
Noninterest income:
Revenue under 606												3,138	4,318	3,374
Other | Traditional Banking
Noninterest income:
Revenue under 606												3,002	4,127	3,310
Other | Warehouse Lending
Noninterest income:
Revenue under 606														(39)
Other | Mortgage Banking
Noninterest income:
Revenue under 606												136	191	103
Other | Republic Processing Group
Noninterest income:
Revenue under 606												358	81	92
Other | Tax Refund Solutions
Noninterest income:
Revenue under 606												358	$ 81	$ 92
Legal settlement
Noninterest income:
Revenue under 606												13,000
Legal settlement | Republic Processing Group
Noninterest income:
Revenue under 606												13,000
Legal settlement | Tax Refund Solutions
Noninterest income:
Revenue under 606												$ 13,000
Legal settlement | Green Dot
Noninterest income:
Revenue under 606	$ 13,000

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended						6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2021 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2022 USD ($) segment	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Segment Disclosure information
Number of reportable segments | segment											5
Segment information
Net interest Income	$ 58,597	$ 51,814	$ 63,167	$ 50,899	$ 53,626	$ 50,349	$ 114,981	$ 118,215	$ 173,578	$ 171,841	$ 236,691	$ 222,740	$ 232,315
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)											22,348	14,808	31,278
Mortgage banking income											6,196	19,994	31,847
Program fees											16,172	14,237	7,095
Other noninterest income											32,362	32,096	27,814
Total noninterest income				17,079							89,810	86,575	87,053
Noninterest Expense				45,034							187,308	183,065	185,457
INCOME BEFORE INCOME TAX EXPENSE	25,966	31,022	36,369	20,367	26,724	30,606	67,391	64,350	93,357	91,074	116,845	111,442	102,633
Income tax expense (benefit)	6,070	6,675	8,019	3,149	6,342	6,648	14,694	14,339	20,764	20,681	25,739	23,831	19,387
NET INCOME	$ 19,896	$ 24,347	$ 28,350	17,218	$ 20,382	$ 23,958	$ 52,697	$ 50,011	$ 72,593	$ 70,393	91,106	87,611	83,246
Period-end assets				6,093,632							$ 5,835,543	$ 6,093,632	$ 6,168,325
Net interest margin (as percent)											4.12%	3.79%	4.10%
Net-revenue concentration (as percent)											100%	100%	100%
Core Banking Activities
Segment Disclosure information
Number of reportable segments | segment											3
Segment information
Net interest Income											$ 185,791	$ 183,548	$ 186,700
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)											312	(319)	16,870
Mortgage banking income											6,196	19,994	31,847
Other noninterest income											31,834	31,740	27,531
Total noninterest income											38,030	51,734	59,378
Noninterest Expense											163,197	161,942	164,208
INCOME BEFORE INCOME TAX EXPENSE											60,312	73,659	65,000
Income tax expense (benefit)											12,970	14,607	10,852
NET INCOME											47,342	59,052	54,148
Period-end assets				5,612,468							$ 5,313,763	$ 5,612,468	$ 5,775,552
Net interest margin (as percent)											3.32%	3.20%	3.39%
Net-revenue concentration (as percent)											69%	76%	77%
Traditional Banking
Segment information
Net interest Income											$ 171,543	$ 157,249	$ 159,381
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)											1,429	(38)	16,257
Other noninterest income											31,648	31,492	27,404
Total noninterest income											31,648	31,492	27,404
Noninterest Expense											149,681	145,376	149,061
INCOME BEFORE INCOME TAX EXPENSE											52,081	43,403	21,467
Income tax expense (benefit)											11,104	7,685	1,395
NET INCOME											40,977	35,718	20,072
Period-end assets				4,717,836							$ 4,894,773	$ 4,717,836	$ 4,750,460
Net interest margin (as percent)											3.38%	3.18%	3.42%
Net-revenue concentration (as percent)											63%	61%	59%
Warehouse Lending
Segment information
Net interest Income											$ 13,729	$ 25,218	$ 25,957
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)											(1,117)	(281)	613
Other noninterest income											50	57	24
Total noninterest income											50	57	24
Noninterest Expense											3,604	4,210	4,387
INCOME BEFORE INCOME TAX EXPENSE											11,292	21,346	20,981
Income tax expense (benefit)											2,539	4,962	4,721
NET INCOME											8,753	16,384	16,260
Period-end assets				850,703							$ 405,052	$ 850,703	$ 962,692
Net interest margin (as percent)											2.69%	3.37%	3.19%
Net-revenue concentration (as percent)											4%	8%	8%
Mortgage Banking
Segment information
Net interest Income											$ 519	$ 1,081	$ 1,362
Mortgage banking income											6,196	19,994	31,847
Other noninterest income											136	191	103
Total noninterest income											6,332	20,185	31,950
Noninterest Expense											9,912	12,356	10,760
INCOME BEFORE INCOME TAX EXPENSE											(3,061)	8,910	22,552
Income tax expense (benefit)											(673)	1,960	4,736
NET INCOME											(2,388)	6,950	17,816
Period-end assets				43,929							$ 13,938	$ 43,929	$ 62,400
Net-revenue concentration (as percent)											2%	7%	10%
Republic Processing Group
Segment Disclosure information
Number of reportable segments | segment											2
Segment information
Net interest Income											$ 50,900	$ 39,192	$ 45,615
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)											22,036	15,127	14,408
Program fees											16,172	14,237	7,095
Other noninterest income											528	356	283
Total noninterest income											51,780	34,841	27,675
Noninterest Expense											24,111	21,123	21,249
INCOME BEFORE INCOME TAX EXPENSE											56,533	37,783	37,633
Income tax expense (benefit)											12,769	9,224	8,535
NET INCOME											43,764	28,559	29,098
Period-end assets				481,164							$ 521,780	$ 481,164	$ 392,773
Net-revenue concentration (as percent)											31%	24%	23%
Tax Refund Solutions
Segment information
Net interest Income											$ 21,715	$ 15,837	$ 22,972
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)											9,955	6,683	13,189
Program fees											2,872	3,171	2,193
Other noninterest income											528	356	283
Total noninterest income											38,480	23,775	22,773
Noninterest Expense											15,717	16,344	17,514
INCOME BEFORE INCOME TAX EXPENSE											34,523	16,585	15,042
Income tax expense (benefit)											7,847	3,964	3,323
NET INCOME											26,676	12,621	11,719
Period-end assets				371,647							$ 409,259	$ 371,647	$ 285,612
Net-revenue concentration (as percent)											18%	13%	14%
Republic Credit Solutions
Segment information
Net interest Income											$ 29,185	$ 23,355	$ 22,643
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)											12,081	8,444	1,219
Program fees											13,300	11,066	4,902
Total noninterest income											13,300	11,066	4,902
Noninterest Expense											8,394	4,779	3,735
INCOME BEFORE INCOME TAX EXPENSE											22,010	21,198	22,591
Income tax expense (benefit)											4,922	5,260	5,212
NET INCOME											17,088	15,938	17,379
Period-end assets				$ 109,517							$ 112,521	$ 109,517	$ 107,161
Net-revenue concentration (as percent)											13%	11%	9%
Net refund transfer fees
Segment information
Revenue under 606											$ 17,080	$ 20,248	$ 20,297
Net refund transfer fees | Republic Processing Group
Segment information
Revenue under 606											17,080	20,248	20,297
Net refund transfer fees | Tax Refund Solutions
Segment information
Revenue under 606											17,080	$ 20,248	$ 20,297
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
Legal settlement | Republic Processing Group
Segment information
Revenue under 606											13,000
Legal settlement | Tax Refund Solutions
Segment information
Revenue under 606											$ 13,000

ACQUISITION OF CBANK (UNAUDIT_2

ACQUISITION OF CBANK (UNAUDITED) (Details) - USD ($)	Oct. 26, 2022	Jan. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Assets			$ 5,835,543,000				$ 6,093,632,000			$ 6,168,325,000
Other real estate owned			1,581,000				1,792,000
Cash and cash equivalents			313,689,000				756,971,000
Total Liabilities			4,978,930,000	$ 5,156,600,000	$ 5,268,610,000	$ 5,508,293,000	5,258,578,000	$ 5,348,568,000	$ 5,338,184,000
Deposits			4,537,845,000				4,839,316,000
Federal Home Loan Bank advances			$ 95,000,000				$ 25,000,000
CBank
Business Acquisition [Line Items]
Assets		$ 257,000,000
Loans		221,000,000
Other real estate owned		0
Marketable Securities		16,000,000
Cash and cash equivalents		14,000,000
Other assets		6,000,000
Total Liabilities		228,000,000
Deposits		209,000,000
Federal Home Loan Bank advances		$ 13,000,000
CBank
Business Acquisition [Line Items]
Cash payment for acquisition	$ 51,000,000
Termination provision period	6 months
Termination Fee	$ 2,040,000

CORRECTION OF PRIOR PERIOD ER_3

CORRECTION OF PRIOR PERIOD ERROR - Narrative (Details) - LOC II - Republic Credit Solutions - item	1 Months Ended	12 Months Ended
	Jan. 31, 2021	Dec. 31, 2022
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Line of credit identified with prior period accounting error		1
Loan held-for-sale term	3 days	3 days
Percentage of ownership maintained with each borrower (as percentage)	100%	100%
Percentage of loan receivable held for sale (as a percent)	95%	95%

CORRECTION OF PRIOR PERIOD ER_4

CORRECTION OF PRIOR PERIOD ERROR - Consolidated Income Statement (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Interest Income	$ 60,617	$ 52,902	$ 64,110	$ 51,937	$ 54,966	$ 51,860	$ 117,012	$ 121,503	$ 177,629	$ 176,469	$ 244,184	$ 228,406	$ 252,258
Net interest Income	58,597	51,814	63,167	50,899	53,626	50,349	114,981	118,215	173,578	171,841	236,691	222,740	232,315
Noninterest Income				17,079							89,810	86,575	87,053
Noninterest Expense				45,034							187,308	183,065	185,457
Income before income taxes	25,966	31,022	36,369	20,367	26,724	30,606	67,391	64,350	93,357	91,074	116,845	111,442	102,633
Income tax expense	(6,070)	(6,675)	(8,019)	(3,149)	(6,342)	(6,648)	(14,694)	(14,339)	(20,764)	(20,681)	(25,739)	(23,831)	(19,387)
Net income	$ 19,896	$ 24,347	$ 28,350	$ 17,218	$ 20,382	$ 23,958	$ 52,697	$ 50,011	$ 72,593	$ 70,393	$ 91,106	$ 87,611	$ 83,246
Class A Common Stock
Basic earnings per share (in dollars per share)	$ 1.01	$ 1.23	$ 1.42	$ 0.87	$ 1.01	$ 1.16	$ 2.65	$ 2.42	$ 3.66	$ 3.42	$ 4.60	$ 4.29	$ 4
Diluted earnings per share (in dollars per share)	1.01	1.22	1.42	0.86	1.01	1.16	2.64	2.41	3.65	3.41	4.59	4.28	3.99
Class B Common Stock
Basic earnings per share (in dollars per share)	0.92	1.12	1.29	0.78	0.92	1.06	2.41	2.20	3.33	3.12	4.19	3.90	3.64
Diluted earnings per share (in dollars per share)	$ 0.92	$ 1.11	$ 1.29	$ 0.78	$ 0.91	$ 1.05	$ 2.40	$ 2.19	$ 3.32	$ 3.10	$ 4.17	$ 3.89	$ 3.63
As Reported
Interest Income	$ 60,056	$ 52,320	$ 63,555	$ 51,379	$ 54,469	$ 51,815	$ 115,875	$ 121,458	$ 175,931	$ 175,927
Interest Income												$ 226,260
Net interest Income	58,036	51,232	62,612	50,341	53,129	50,304	113,844	118,170	171,880	171,299
Net Interest Income												220,594
Noninterest Income				16,630								86,859
Noninterest Expense				44,585								182,304
Income before income taxes	25,405	30,440	35,814	19,809	26,227	30,561	66,254	64,305	91,659	90,532		110,341
Income tax expense	(5,922)	(6,539)	(7,888)	(3,004)	(6,218)	(6,639)	(14,427)	(14,330)	(20,349)	(20,548)		(23,552)
Net income	$ 19,483	$ 23,901	$ 27,926	$ 16,805	$ 20,009	$ 23,922	$ 51,827	$ 49,975	$ 71,310	$ 69,984		$ 86,789
As Reported | Class A Common Stock
Basic earnings per share (in dollars per share)	$ 0.99	$ 1.20	$ 1.40	$ 0.84	$ 0.99	$ 1.16	$ 2.60	$ 2.42	$ 3.60	$ 3.40		$ 4.25
Diluted earnings per share (in dollars per share)	0.99	1.20	1.40	0.84	0.99	1.16	2.59	2.41	3.58	3.39		4.24
As Reported | Class B Common Stock
Basic earnings per share (in dollars per share)	0.90	1.09	1.27	0.77	0.90	1.05	2.37	2.20	3.27	3.10		3.87
Diluted earnings per share (in dollars per share)	$ 0.90	$ 1.09	$ 1.27	$ 0.76	$ 0.90	$ 1.05	$ 2.36	$ 2.19	$ 3.26	$ 3.09		$ 3.85
Immaterial Revision
Interest Income	$ 561	$ 582	$ 555	$ 558	$ 497	$ 45	$ 1,137	$ 45	$ 1,698	$ 542
Interest Income												$ 2,146
Net interest Income	561	582	555	558	497	45	1,137	45	1,698	542
Net Interest Income												2,146
Noninterest Income				449								(284)
Noninterest Expense				449								761
Income before income taxes	561	582	555	558	497	45	1,137	45	1,698	542		1,101
Income tax expense	(148)	(136)	(131)	(145)	(124)	(9)	(267)	(9)	(415)	(133)		(279)
Net income	$ 413	$ 446	$ 424	$ 413	$ 373	$ 36	$ 870	$ 36	$ 1,283	$ 409		$ 822
Immaterial Revision | Class A Common Stock
Basic earnings per share (in dollars per share)	$ 0.02	$ 0.03	$ 0.02	$ 0.03	$ 0.02		$ 0.05		$ 0.06	$ 0.02		$ 0.04
Diluted earnings per share (in dollars per share)	0.02	0.02	0.02	0.02	0.02		0.05		0.07	0.02		0.04
Immaterial Revision | Class B Common Stock
Basic earnings per share (in dollars per share)	0.02	0.03	0.02	0.01	0.02	$ 0.01	0.04		0.06	0.02		0.03
Diluted earnings per share (in dollars per share)	$ 0.02	$ 0.02	$ 0.02	$ 0.02	$ 0.01		$ 0.04		$ 0.06	$ 0.01		$ 0.04

CORRECTION OF PRIOR PERIOD ER_5

CORRECTION OF PRIOR PERIOD ERROR - Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Total Liabilities	$ 4,978,930	$ 5,156,600	$ 5,268,610	$ 5,508,293	$ 5,258,578	$ 5,348,568	$ 5,338,184
Total Stockholders' Equity	$ 856,613	843,063	843,866	841,576	835,054	839,066	845,126	$ 823,323	$ 764,244
As Reported
Total Liabilities		5,158,705	5,270,302	5,509,540	5,259,400	5,348,977	5,338,220
Total Stockholders' Equity		840,958	842,174	840,329	834,232	838,657	845,090
Immaterial Revision
Total Liabilities		(2,105)	(1,692)	(1,247)	(822)	(409)	(36)
Total Stockholders' Equity		$ 2,105	$ 1,692	$ 1,247	$ 822	$ 409	$ 36