Republic Bancorp (RBCAA) 10-Q4 Aug 232023 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2023	Jul. 31, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	0-24649
Entity Registrant Name	REPUBLIC BANCORP, INC.
Entity Incorporation, State or Country Code	KY
Entity Tax Identification Number	61-0862051
Entity Address, Address Line One	601 West Market Street
Entity Address, City or Town	Louisville
Entity Address, State or Province	KY
Entity Address, Postal Zip Code	40202
City Area Code	502
Local Phone Number	584-3600
Title of 12(b) Security	Class A Common
Trading Symbol	RBCAA
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0000921557
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		17,386,257
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,156,662

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 241,967	$ 313,689
Available-for-sale debt securities, at fair value (amortized cost of $645,968 in 2023 and $663,003 in 2022, allowance for credit losses of $0 in 2023 and 2022)	604,150	620,365
Held-to-maturity debt securities (fair value of $101,190 in 2023 and $87,357 in 2022, allowance for credit losses of $10 in 2023 and $10 in 2022)	101,966	87,386
Equity securities with readily determinable fair value	122	111
Mortgage loans held for sale, at fair value	4,038	1,302
Consumer loans held for sale, at fair value	5,757	4,706
Consumer loans held for sale, at the lower of cost or fair value	15,787	13,169
Loans (loans carried at fair value of $0 in 2023 and $2 in 2022)	5,053,142	4,515,802
Allowance for credit losses	(72,202)	(70,413)
Loans, net	4,980,940	4,445,389
Federal Home Loan Bank stock, at cost	29,395	9,146
Premises and equipment, net	33,840	31,978
Right-of-use assets	34,939	37,017
Goodwill	40,516	16,300
Other real estate owned	1,478	1,581
Bank owned life insurance	102,521	101,687
Low-income housing tax credit investments	77,426	75,324
Other assets and accrued interest receivable	94,937	76,393
TOTAL ASSETS	6,369,779	5,835,543
Deposits:
Noninterest-bearing	1,854,907	1,908,768
Interest-bearing	2,874,374	2,629,077
Total deposits	4,729,281	4,537,845
Securities sold under agreements to repurchase and other short-term borrowings	92,093	216,956
Operating lease liabilities	35,721	37,809
Federal Home Loan Bank advances	520,000	95,000
Low-income housing tax credit obligations	55,998	43,609
Other liabilities and accrued interest payable	49,715	47,711
Total liabilities	5,482,808	4,978,930
Commitments and contingent liabilities (Footnote 10)
STOCKHOLDERS' EQUITY
Preferred stock, no par value
Class A Common Stock, no par value, 30,000,000 shares authorized, 17,449,709 shares (2023) and 17,584,928 shares (2022) issued and outstanding; Class B Common Stock, no par value, 5,000,000 shares authorized, 2,156,662 shares (2023) and 2,159,495 shares (2022) issued and outstanding	4,617	4,648
Additional paid in capital	142,462	141,694
Retained earnings	771,260	742,250
Accumulated other comprehensive (loss) income	(31,368)	(31,979)
Total stockholders' equity	886,971	856,613
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 6,369,779	$ 5,835,543

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Available-for-sale debt securities	$ 645,968	$ 663,003
Available-for-sale debt securities, allowance for credit losses	0	0
Held-to-maturity debt securities	101,190	87,357
Held-to-maturity debt securities, allowance for credit losses	10	10
Loans held for investment fair value	$ 0	$ 2
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	17,449,709	17,584,928
Common Stock, outstanding	17,449,709	17,584,928
Class B Common Stock
Common Stock, no par value	$ 0	$ 0
Common Stock, shares authorized	5,000,000	5,000,000
Common Stock, issued	2,156,662	2,159,495
Common Stock, outstanding	2,156,662	2,159,495

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
INTEREST INCOME:
Loans, including fees	$ 72,200	$ 48,498	$ 164,809	$ 110,068
Taxable investment securities	4,784	2,688	9,387	4,747
Federal Home Loan Bank stock and other	2,070	1,716	5,214	2,197
Total interest income	79,054	52,902	179,410	117,012
INTEREST EXPENSE:
Deposits	11,216	945	16,094	1,824
Securities sold under agreements to repurchase and other short-term borrowings	174	49	422	77
Federal Home Loan Bank advances	3,135	94	5,723	130
Total interest expense	14,525	1,088	22,239	2,031
NET INTEREST INCOME	64,529	51,814	157,171	114,981
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	6,139	3,705	32,905	12,931
NET INTEREST INCOME AFTER PROVISION	58,390	48,109	124,266	102,050
NONINTEREST INCOME:
Mortgage banking income	907	1,763	1,707	4,420
Program fees	3,739	3,885	6,980	7,739
Increase in cash surrender value of bank owned life insurance	689	623	1,324	1,235
Death benefits in excess of cash surrender value of life insurance	1,728		1,728
Total noninterest income	19,651	30,569	42,332	61,578
NONINTEREST EXPENSE:
Salaries and employee benefits	30,764	28,896	60,725	58,208
Technology, equipment, and communication	6,920	7,229	14,148	14,443
Occupancy	3,591	3,224	6,997	6,664
Marketing and development	2,513	1,720	4,087	3,068
FDIC insurance expense	724	399	1,361	818
Interchange related expense	1,350	1,264	2,849	2,381
Legal and professional fees	829	804	1,890	2,169
Merger expense	127		2,200
Other	4,715	4,120	9,719	8,486
Total noninterest expense	51,533	47,656	103,976	96,237
INCOME BEFORE INCOME TAX EXPENSE	26,508	31,022	62,622	67,391
INCOME TAX EXPENSE	5,456	6,675	13,478	14,694
NET INCOME	21,052	24,347	49,144	52,697
Service charges on deposit accounts
NONINTEREST INCOME:
Revenue under 606	3,527	3,363	6,826	6,589
Net refund transfer fees
NONINTEREST INCOME:
Revenue under 606	4,479	3,950	15,286	16,001
Interchange fee income
NONINTEREST INCOME:
Revenue under 606	3,419	3,461	6,470	6,531
Net losses on other real estate owned
NONINTEREST INCOME:
Revenue under 606	(52)	(52)	(105)	(105)
Contract termination fee
NONINTEREST INCOME:
Revenue under 606				5,000
Legal settlement
NONINTEREST INCOME:
Revenue under 606		13,000		13,000
Other
NONINTEREST INCOME:
Revenue under 606	$ 1,215	$ 576	$ 2,116	$ 1,168
Class A Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	$ 1.07	$ 1.23	$ 2.50	$ 2.65
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	1.07	1.22	2.50	2.64
Class B Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	0.98	1.12	2.27	2.41
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	$ 0.98	$ 1.11	$ 2.27	$ 2.40

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net Income (Loss)	$ 21,052	$ 24,347	$ 49,144	$ 52,697
OTHER COMPREHENSIVE INCOME (LOSS)
Unrealized gain (loss) on AFS debt securities	(4,418)	(10,133)	787	(31,382)
Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings	28	(15)	33	9
Total other comprehensive income (loss) before income tax	(4,390)	(10,148)	820	(31,373)
Income tax benefit (expense) related to items of other comprehensive income	1,096	2,537	(209)	7,845
Total other comprehensive income (loss), net of tax	(3,294)	(7,611)	611	(23,528)
COMPREHENSIVE INCOME	$ 17,758	$ 16,736	$ 49,755	$ 29,169

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Common Stock Class A Common Stock	Common Stock Class B Common Stock	Common Stock	Additional Paid In Capital	Retained Earnings Class A Common Stock	Retained Earnings Class B Common Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Class A Common Stock	Class B Common Stock	Total
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 (Loss)							52,697				52,697
Net change in accumulated other comprehensive income (loss)								(23,528)			(23,528)
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (12,128)	$ (1,341)			$ (12,128)	$ (1,341)
Stock options exercised and equity awards vested, net of shares withheld			2	40							42
Stock options exercised and equity awards vested, net of shares withheld (in shares)	3
Conversion of Class B to Class A Common Shares (in shares)	4	(4)
Repurchase of Class A Common Stock			(43)	(1,384)			(7,409)				(8,836)
Repurchase of Class A Common Stock (in shares)	(215)
Net change in notes receivable on Class A Common Stock				18							18
Deferred director compensation expense - Class A Common Stock				211							211
Deferred director compensation expense - Class A Common Stock (in shares)	6
Deferred designed key employee compensation expense - Class A Common Stock				357							357
Employee stock purchase plan - Class A Common Stock			2	325							327
Employee stock purchase plan - Class A Common Stock (in shares)	7
Stock-based awards, Performance stock units				76							76
Stock-based awards, Restricted stock				610							610
Stock-based awards, Restricted stock (in shares)	8
Stock options				307							307
Balance at end of period at Jun. 30, 2022			4,663	140,516			720,341	(21,654)			843,866
Balance (in shares) at Jun. 30, 2022	17,629	2,161
Balance at beginning of period at Mar. 31, 2022			4,703	140,795			710,120	(14,043)			841,575
Balance (in shares) at Mar. 31, 2022	17,834	2,165
Increase (Decrease) in Stockholders' Equity
Net Income (Loss)							24,347				24,347
Net change in accumulated other comprehensive income (loss)								(7,611)			(7,611)
Dividends declared on Common Stock:
Dividends declared on Common Stock					(6,047)	(670)			(6,047)	(670)
Stock options exercised and equity awards vested, net of shares withheld			2	88							90
Stock options exercised and equity awards vested, net of shares withheld (in shares)	3
Conversion of Class B to Class A Common Shares (in shares)	4	(4)
Repurchase of Class A Common Stock			(43)	(1,384)			(7,409)				(8,836)
Repurchase of Class A Common Stock (in shares)	(215)
Net change in notes receivable on Class A Common Stock				(42)							(42)
Deferred director compensation expense - Class A Common Stock				82							82
Deferred designed key employee compensation expense - Class A Common Stock				178							178
Employee stock purchase plan - Class A Common Stock			1	163							164
Employee stock purchase plan - Class A Common Stock (in shares)	3
Stock-based awards, Performance stock units				38							38
Stock-based awards, Restricted stock				447							447
Stock options				151							151
Balance at end of period at Jun. 30, 2022			4,663	140,516			720,341	(21,654)			843,866
Balance (in shares) at Jun. 30, 2022	17,629	2,161
Balance at beginning 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
Increase (Decrease) in Stockholders' Equity
Net Income (Loss)							49,144				49,144
Net change in accumulated other comprehensive income (loss)								611			611
Dividends declared on Common Stock:
Dividends declared on Common Stock					(13,118)	(1,467)			(13,118)	(1,467)
Stock options exercised, net of shares withheld			(1)	(183)							(184)
Conversion of Class B to Class A Common Shares (in shares)	3	(3)
Repurchase of Class A Common Stock			(34)	(1,131)			(5,549)				(6,714)
Repurchase of Class A Common Stock (in shares)	(156)
Deferred director compensation expense - Class A Common Stock				226							226
Deferred director compensation expense - Class A Common Stock (in shares)	4
Deferred designed key employee compensation expense - Class A Common Stock				459							459
Deferred designed key employee compensation expense - Class A Common Stock (In shares)	7
Employee stock purchase plan - Class A Common Stock			2	363							365
Employee stock purchase plan - Class A Common Stock (in shares)	9
Stock-based awards, Restricted stock			2	626							628
Stock-based awards, Restricted stock (in shares)	(3)
Stock options				408							408
Balance at end of period at Jun. 30, 2023			4,617	142,462			771,260	(31,368)			886,971
Balance (in shares) at Jun. 30, 2023	17,449	2,157
Balance at beginning of period at Mar. 31, 2023			4,648	142,601			763,027	(28,074)			882,202
Balance (in shares) at Mar. 31, 2023	17,598	2,160
Increase (Decrease) in Stockholders' Equity
Net Income (Loss)							21,052				21,052
Net change in accumulated other comprehensive income (loss)								(3,294)			(3,294)
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (6,537)	$ (733)			$ (6,537)	$ (733)
Conversion of Class B to Class A Common Shares			(1)	(99)							(100)
Conversion of Class B to Class A Common Shares (in shares)	3	(3)
Repurchase of Class A Common Stock			(33)	(1,131)			(5,549)				(6,713)
Repurchase of Class A Common Stock (in shares)	(156)
Net change in notes receivable on Class A Common Stock				(84)							(84)
Deferred director compensation expense - Class A Common Stock				116							116
Deferred director compensation expense - Class A Common Stock (in shares)	4
Deferred designed key employee compensation expense - Class A Common Stock				238							238
Employee stock purchase plan - Class A Common Stock			1	201							202
Employee stock purchase plan - Class A Common Stock (in shares)	5
Stock-based awards, Performance stock units				(39)							(39)
Stock-based awards, Restricted stock			2	453							455
Stock-based awards, Restricted stock (in shares)	(5)
Stock options				206							206
Balance at end of period at Jun. 30, 2023			$ 4,617	$ 142,462			$ 771,260	$ (31,368)			$ 886,971
Balance (in shares) at Jun. 30, 2023	17,449	2,157

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Class A Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 0.374	$ 0.341	$ 0.748	$ 0.682
Class B Common Stock
Dividend declared common stock, per share (in dollars per share)	$ 0.340	$ 0.310	$ 0.680	$ 0.620

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
OPERATING ACTIVITIES:
Net income			$ 49,144	$ 52,697
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization on investment securities and low-income housing investments			2,834	1,496
Net accretion and amortization on loans			(1,480)	(2,220)
Unrealized and realized losses on equity securities with readily determinable fair value			(10)	190
Depreciation of premises and equipment			3,269	4,029
Amortization of mortgage servicing rights			974	1,248
Provision for expected credit loss expense	$ 6,139	$ 3,705	32,905	12,931
Provision for off-balance sheet exposures	70	60	280	48
Net gain on sale of mortgage loans held for sale	(539)	(1,459)	(959)	(3,919)
Origination of mortgage loans held for sale	(13,948)	(61,489)	(29,890)	(162,150)
Proceeds from sale of mortgage loans held for sale			28,113	186,971
Net gain on sale of consumer loans held for sale			(5,543)	(6,265)
Origination of consumer loans held for sale			(469,626)	(527,996)
Proceeds from sale of consumer loans held for sale			471,500	525,709
Writedowns of other real estate owned			105	105
Deferred compensation expense - Class A Common Stock			685	568
Stock-based awards and ESPP expense - Class A Common Stock			1,060	1,042
Increase in cash surrender value of bank owned life insurance	(689)	(623)	(1,324)	(1,235)
Gain from death benefits in excess of cash surrender value of BOLI			(1,728)
Net change in other assets and liabilities:
Accrued interest receivable			(2,585)	5
Accrued interest payable			629	3
Other assets			(9,184)	1,718
Other liabilities			(4,276)	9,602
Net cash provided by operating activities			64,893	94,577
INVESTING ACTIVITIES:
Net cash proceeds paid in acquisition			(40,970)
Purchases of available-for-sale debt securities			(40,000)	(189,820)
Purchases of held-to-maturity debt securities			(25,000)
Proceeds from calls, maturities and paydowns of equity and available-for-sale debt securities			73,554	33,340
Proceeds from calls, maturities and paydowns of held-to-maturity debt securities			10,420	11,330
Net change in outstanding warehouse lines of credit			(136,000)	253,872
Net change in other loans			(213,857)	(130,331)
Purchase of Federal Home Loan Bank stock			(20,249)
Investments in low-income housing tax partnerships			7,389	(5,509)
Net purchases of premises and equipment			(3,531)	(1,842)
Proceeds of principal and earnings from bank-owned life insurance			2,218
Net cash used in investing activities			(386,026)	(28,960)
FINANCING ACTIVITIES:
Net change in deposits			(30,242)	(13,472)
Net change in securities sold under agreements to repurchase and other short-term borrowings			(124,863)	12,348
Payments of Federal Home Loan Bank advances			(88,000)	(25,000)
Proceeds from Federal Home Loan Bank advances			513,000	20,000
Repurchase of Class A Common Stock			(6,714)	(8,836)
Net proceeds from Class A Common Stock purchased through employee stock purchase plan				278
Net proceeds from Class A Common Stock purchased through employee stock purchase plan			341
Net proceeds from option exercises and equity awards vested - Class A Common Stock			(184)	42
Cash dividends paid			(13,927)	(12,805)
Net cash (used in) provided by financing activities			249,411	(27,445)
NET CHANGE IN CASH AND CASH EQUIVALENTS			(71,722)	38,172
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD			313,689	756,971	$ 756,971
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 241,967	$ 795,143	241,967	795,143	$ 313,689
Cash paid during the period for:
Interest			21,610	2,028
Income taxes			17,124	8,677
SUPPLEMENTAL NONCASH DISCLOSURES:
Mortgage servicing rights capitalized			200	1,459
New unfunded obligations in low-income-housing investments				10,100
Right-of-use assets recorded			$ 1,050	$ 4,956

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2023
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Republic is a financial holding company headquartered in Louisville, Kentucky. The Bank is a Kentucky-based, state-chartered non-member financial institution that provides both traditional and non-traditional banking products through five reportable segments using a multitude of delivery channels. While the Bank operates primarily in its market footprint, its non-brick-and-mortar delivery channels allow it to reach clients across the U.S. The Captive is a Nevada-based, wholly owned insurance subsidiary of the Company. The Captive provides property and casualty insurance coverage to the Company and the Bank, as well as a group of third-party insurance captives for which insurance may not be available or economically feasible. In May 2023, the Company’s Board of Directors voted to dissolve the Company’s Captive. The dissolution of the Captive is expected to occur during the second half of 2023. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. Operating results for the three and six months ended June 30, 2023 are not necessarily indicative of the results that may be expected for the year ending December 31, 2023. For further information, refer to the consolidated financial statements and footnotes thereto included in Republic’s Form 10-K for the year ended December 31, 2022. As of June 30, 2023, 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 — 29 ● Metropolitan Louisville — 18 ● Central Kentucky — 7 ● Georgetown — 1 ● Lexington — 5 ● Shelbyville — 1 ● Northern Kentucky — 4 ● ● Covington — 1 ● Crestview Hills — 1 ● Florence — 1 ● Indiana — 3 ● Southern Indiana — 3 ● Floyds Knobs — 1 ● Jeffersonville — 1 ● New Albany — 1 ● Florida — 7 ● Metropolitan Tampa — 7 ● Ohio — 4 ● Metropolitan Cincinnati — 4 ● Tennessee — 2 ● Metropolitan Nashville — 2 Republic’s headquarters are in Louisville, which is the largest city in Kentucky based on population. Traditional Banking results of operations are primarily dependent upon net interest income, which represents the difference between the interest income and fees on interest-earning assets and the interest expense on interest-bearing liabilities. Principal interest-earning Traditional Banking assets represent investment securities and commercial and consumer loans primarily secured by real estate and/or personal property. Interest-bearing liabilities primarily consist of interest-bearing deposit accounts, securities sold under agreements to repurchase, as well as short-term and long-term borrowing sources. FHLB advances have traditionally been a significant borrowing source for the Bank. Other sources of Traditional Banking income include service charges on deposit accounts, debit and credit card interchange fee income, title insurance commissions, and increases in the cash surrender value of BOLI. Traditional Banking operating expenses consist primarily of salaries and employee benefits; technology, equipment, and communication; occupancy; interchange related expense; marketing and development; FDIC insurance expense, and various other general and administrative costs. Traditional Banking results of operations are significantly impacted by general economic and competitive conditions, particularly changes in market interest rates, government laws and policies, and actions of regulatory agencies. Warehouse Lending segment — The Core Bank provides short-term, revolving credit facilities to mortgage bankers across the United States through mortgage warehouse lines of credit. These credit facilities are primarily secured by single-family, first-lien residential real estate loans. The credit facility enables the mortgage banking clients to close single-family, first-lien residential real estate loans in their own name and temporarily fund their inventory of these closed loans until the loans are sold to investors approved by the Bank. Individual loans are expected to remain on the warehouse line for an average of 15 to 30 days . Advances for Reverse mortgage loans and construction loans typically remain on the line longer than conventional mortgage loans. Interest income and loan fees are accrued for each individual advance during the time the advance remains on the warehouse line and collected when the loan is sold. The Core Bank receives the sale proceeds of each loan directly from the investor and applies the funds to pay off the warehouse advance and related accrued interest and fees. The remaining proceeds are credited to the mortgage-banking client. Mortgage Banking segment — As part of the sale of loans with servicing retained, the Bank records MSRs. MSRs represent an estimate of the present value of future cash servicing income, net of estimated costs, which the Bank expects to receive on loans sold with servicing retained by the Bank. MSRs are capitalized as separate assets. This transaction is posted to net gain on sale of loans, a component of “Mortgage Banking income” in the income statement. Management considers all relevant factors, in addition to pricing considerations from other servicers, to estimate the fair value of the MSRs to be recorded when the loans are initially sold with servicing retained by the Bank. The carrying value of MSRs is initially amortized in proportion to and over the estimated period of net servicing income and subsequently adjusted quarterly based on the weighted average remaining life of the underlying loans. The MSR amortization is recorded as a reduction to net servicing income, a component of Mortgage Banking income. With the assistance of an independent third-party, the MSRs asset is reviewed at least quarterly for impairment based on the fair value of the MSRs using groupings of the underlying loans based on predominant risk characteristics. Any impairment of a grouping is reported as a valuation allowance. A primary factor influencing the fair value is the estimated life of the underlying loans serviced. The estimated life of the loans serviced is significantly influenced by market interest rates. During a period of declining interest rates, the fair value of the MSRs is expected to decline due to increased anticipated prepayment speeds within the portfolio. Alternatively, during a period of rising interest rates, the fair value of MSRs would be expected to increase as prepayment speeds on the underlying loans would be expected to decline. Republic Processing Group Tax Refund Solutions segment — RTs are fee-based products whereby a tax refund is issued to the taxpayer after the Bank has received the refund from the federal or state government. There is no credit risk or borrowing cost associated with these products because they are only delivered to the taxpayer upon receipt of the tax refund directly from the governmental paying authority. Fees earned by the Company on RTs, net of revenue share, are reported as noninterest income under the line item “Net refund transfer fees.” The RA credit product is a loan made in conjunction with the filing of a taxpayer’s 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 2023 and 2022: ● 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 also a loan that allows a taxpayer to borrow funds as an advance of a portion of their tax refund. Unlike the RA product described immediately above, however, which is originated in conjunction with the filing of the taxpayer’s federal tax return, an ERA is originated prior to the filing of the taxpayer’s federal tax return and prior to the taxpayer receiving their year-end taxable income documentation, e.g., ● 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, including the failure to file a federal tax return through a Republic Tax Provider: o there is no recourse to the taxpayer, o no negative credit reporting on the taxpayer, and o no collection efforts against the taxpayer. The Company reports fees paid for the RAs, including ERAs, as interest income on loans. RAs that were 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 do not have a contractual due date but the Company considered a 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. In 2023, the Company also considered a RA, related to the first quarter 2023 tax season, delinquent if it remained unpaid 35 days after the taxpayer’s tax return was submitted to the applicable taxing authority. For the ERA product originated in December of 2022 and January 2023, the Company considered it 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. 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 30th of that year, with RAs collected during the second half of that year recorded as recoveries of previously charged-off loans, unless they were covered under a loss guaranty arrangement. Any RAs subject to a loss guaranty arrangement that are recovered during the second half of the year are distributed to the guarantor. Related to the overall credit losses on RAs, including 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 approval model is based primarily on the prior-year’s tax refund payment patterns. Because the substantial majority of the RA volume occurs each year before that year’s tax refund payment patterns can be analyzed and subsequent underwriting changes made, credit losses during a current year could be higher than management’s predictions if tax refund payment patterns change materially between years. In response to changes in the legal, regulatory, and competitive environment, management annually reviews and revises the RA, including the ERA, product parameters. Further changes in the RA product parameters do not ensure positive results and could have an overall material negative impact on the performance of all RA product offerings and therefore on the Company’s financial condition and results of operations. Cancelled Sale Transaction Settlement of Lawsuit Against Green Dot - In accordance with the Settlement Agreement, on June 6, 2022, Green Dot paid $13.0 million to the Bank, which was in addition to a $5.0 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 Payment Solutions division RPS is currently managed and operated within the TRS segment. The RPS division offers general-purpose reloadable prepaid cards, payroll debit cards, and limited-purpose demand deposit accounts with linked debit cards as an issuing bank through third-party service providers. Until the operating results of the RPS division are material to the Company’s overall results of operations, they will be reported as part of the TRS segment. The Company does not expect to report the RPS division as a separate reportable segment until such time, if any, that it meets quantitative reporting thresholds . The Company reports fees related to RPS programs under Program fees. Additionally, the Company’s portion of interchange revenue generated by prepaid card transactions is reported as noninterest income under “Interchange fee income.” Republic Credit Solutions segment — ● RCS line-of-credit products – Using separate third-party service providers, the Bank originates two line-of-credit products to generally subprime borrowers in multiple states. o RCS’s LOC I represented the substantial majority of RCS activity during 2022 and 2023. 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, up to a maximum amount of $3,500 . Furthermore, 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 participations sold represent a 90% interest in advances made to borrowers under the borrower’s line-of-credit account, and the participation interests are generally sold three business days following the Bank’s funding of the associated advances. Although the Bank retains a 10% participation interest in each advance, it maintains 100% ownership of the underlying LOC I account with each borrower. Loan balances held for sale through this program are carried at the lower of cost or fair value. o One of RCS’s 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, up to a maximum advance amount of $10,000 . 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 participations sold represent a 95% interest in advances made to borrowers under the borrower’s line-of-credit account, and the participation interests are generally sold three business days following the Bank’s funding of the associated advances. Although the Bank retains a 5% participation interest in each advance, it maintains 100% ownership of the underlying LOC II account with each borrower. Loan balances held for sale through this program are carried at the lower of cost or fair value. ● RCS installment loan product – 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 generally within one month of origination. Loan balances held for sale through this program are carried at the lower of cost or fair value. The Company reports interest income and loan origination fees earned on RCS loans under “Loans, including fees,” while any gains or losses on sale and mark-to-market adjustments of RCS loans are reported as noninterest income under “Program fees.” Recently Adopted Accounting Standards The following ASUs were adopted by the Company during the six months ended June 30, 2023: Method of Financial ASU. No. Topic Nature of Update Date Adopted Adoption Statement 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 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. Accounting Standards Update The following not-yet-effective ASUs are considered relevant to the Company’s financial statements. Date Adoption Adoption Expected ASU. No. Topic Nature of Update Required Method Financial Impact 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 2023-03 Presentation of Financial Statements (Topic 205), Income Statement—Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation—Stock Compensation (Topic 718): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 120, SEC Staff Announcement at the March 24, 2022 EITF Meeting, and Staff Accounting Bulletin Topic 6.B, Accounting Series Release 280—General Revision of Regulation S-X: Income or Loss Applicable to Common Stock (SEC Update) This ASU amends the FASB Accounting Standards Codification™ for SEC paragraphs pursuant to SEC Staff Accounting Bulletin No. 120, SEC Staff Announcement at the March 24, 2022 EITF Meeting, and Staff Accounting Bulletin Topic 6.B, Accounting Series Release 280—General Revision of Regulation S-X: Income or Loss Applicable to Common Stock. Upon addition to the FASB Codification. Prospectively The Company is currently analyzing the impact of this ASU on its financial statements. 2023-02 Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force) This ASU allows reporting entities to elect to account for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. January 1, 2024 Prospectively The Company is currently analyzing the impact of this ASU on its financial statements. 2023-01 Leases (Topic 842): Common Control Arrangements This ASU requires entities to determine whether a related party arrangement between entities under common control is a lease. If the arrangement is determined to be a lease, an entity must classify and account for the lease on the same basis as an arrangement with a related party (on the basis of legally enforceable terms and conditions). January 1, 2024 Prospectively The Company is currently analyzing the impact of this ASU on its financial statements.

ACQUISITION OF CBANK

ACQUISITION OF CBANK	6 Months Ended
ACQUISITION OF CBANK	Jun. 30, 2023
ACQUISITION OF CBANK
ACQUISITION OF CBANK	2. ACQUISITION OF CBANK OVERVIEW On March 15, 2023, the Company completed its acquisition of CBank (“CBank”), and its wholly owned bank subsidiary Commercial Industrial Finance (“CIF”), for approximately ACQUISITION SUMMARY The following table provides a summary of the assets acquired and liabilities assumed as recorded by CBank, the previously reported preliminary fair value adjustments necessary to adjust those acquired assets and assumed liabilities to fair value, recast adjustments to those previously reported preliminary fair values, and the expected fair values of those assets and liabilities as recorded by the Company. As provided for under GAAP, management has up to 12 months following the date of acquisition to finalize the fair values of the acquired assets and assumed liabilities. The preliminary fair value adjustments and the preliminary resultant fair values shown in the following table continue to be evaluated by management and may be subject to further recast adjustments. March 15, 2023 As Previously Reported As Recasted As Recorded Fair Value Recast As Recorded (in thousands) by CBank Adjustments (1) Adjustments (1) by Republic Assets acquired: Cash and cash equivalents $ 10,030 $ — $ — $ 10,030 Investment securities 16,463 (4) a (65) a 16,394 Loans 221,707 (4,219) b (150) b 217,338 Allowance for loan and lease losses (2,953) 1,353 c 1,391 c, j (209) Loans, net 218,754 (2,866) 1,241 217,129 Goodwill 954 (954) d — — Core deposit intangible — 2,844 e — 2,844 Premises and equipment, net 162 35 f (24) f 173 Other assets and accrued interest receivable 7,067 (320) g — 6,747 Total assets acquired $ 253,430 $ (1,265) $ 1,152 $ 253,317 Liabilities assumed: Deposits: Noninterest-bearing $ 42,160 $ — $ — $ 42,160 Interest-bearing 179,487 31 h — 179,518 Total deposits 221,647 31 — 221,678 Other liabilities and accrued interest payable 4,709 96 i 50 i 4,855 Total liabilities assumed 226,356 127 50 226,533 Net assets acquired $ 27,074 $ (1,392) $ 1,102 26,784 Cash consideration paid (51,000) Goodwill $ 24,216 (1) The Company’s acquisition of CBank closed on March 15, 2023. The fair value adjustments reported are preliminary estimates based on information obtained subsequent to March 15, 2023 and through June 30, 2023. Management is continuing to evaluate each of its estimates and may provide additional recast adjustments in future periods based on this continuing evaluation. To the extent that additional recast adjustments are posted in future periods, the resultant fair values and the amount of goodwill recorded by the Company will change. Explanation of fair value and recast adjustments: a. Adjustment reflects the fair value adjustment based on the Company’s evaluation of the investment securities. b. Adjustments to loans to reflect estimated fair value adjustments based on the Company’s evaluation of the acquired loan portfolio. c. Adjustments to the Allowance reflect the fair value adjustment to eliminate the acquiree’s recorded allowance for loan losses and other fair value adjustments based on the Company’s evaluation of the acquired loan portfolio. d. Adjustment reflects the fair value adjustment to eliminate the recorded goodwill. e. Adjustment reflects the fair value adjustment for the core deposit intangible asset recorded as a result of the acquisition. f. Adjustment reflects the fair value adjustment based on the Company’s evaluation of the premises and equipment, net. g. Adjustment reflects the fair value adjustment based on the Company’s evaluation of the other assets and accrued interest receivable. h. Adjustment reflects the fair value adjustment based on the Company’s evaluation of the assumed time deposits. i. Adjustment reflects the fair value adjustment based on the Company’s evaluation of the other liabilities and accrued interest payable. j. Adjustment reflects a change in estimated fair value based upon further evaluation of PCD loans, including cash payments received subsequent to the date of acquisition. Goodwill of approximately $24 million, which is the excess of the merger consideration over the fair value of net assets acquired, was recorded in the CBank acquisition and is the result of expected operational synergies and other factors. This goodwill is all attributable to the Company’s Traditional Banking segment and is expected to be deductible for tax purposes.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
INVESTMENT SECURITIES	Jun. 30, 2023
INVESTMENT SECURITIES
INVESTMENT SECURITIES	3. INVESTMENT SECURITIES Available-for-Sale Debt Securities The following tables summarize the amortized cost, fair value, and ACLS of AFS debt securities and the corresponding amounts of related gross unrealized gains and losses recognized in AOCI: Gross Gross Allowance Amortized Unrealized Unrealized for Fair June 30, 2023 (in thousands) Cost Gains Losses Credit Losses Value U.S. Treasury securities and U.S. Government agencies $ 431,450 $ — $ (24,093) $ — $ 407,357 Private label mortgage-backed security 671 1,317 — — 1,988 Mortgage-backed securities - residential 183,843 13 (17,569) — 166,287 Collateralized mortgage obligations 24,222 30 (1,505) — 22,747 Corporate bonds 2,012 13 — — 2,025 Trust preferred security 3,770 — (24) — 3,746 Total available-for-sale debt securities $ 645,968 $ 1,373 $ (43,191) $ — $ 604,150 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 Held-to-Maturity Debt Securities The following tables summarize the amortized cost, fair value, and ACLS of HTM debt securities and the corresponding amounts of related gross unrecognized gains and losses: Gross Gross Allowance Amortized Unrecognized Unrecognized Fair for June 30, 2023 (in thousands) Cost Gains Losses Value Credit Losses U.S. Treasury securities and U.S. Government agencies $ 90,000 $ — $ (725) $ 89,275 $ — Mortgage-backed securities - residential 26 — (1) 25 — Collateralized mortgage obligations 6,845 50 (134) 6,761 — Corporate bonds 4,980 25 — 5,005 (10) Obligations of state and political subdivisions 125 — (1) 124 — Total held-to-maturity debt securities $ 101,976 $ 75 $ (861) $ 101,190 $ (10) 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) Sales of Available-for-Sale Debt Securities During the three and six months ended June 30, 2023 and 2022, there were no material gains or losses on sales or calls of AFS debt securities. Debt Securities by Contractual Maturity The amortized cost and fair value of debt securities by contractual maturity as of June 30, 2023 follow. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are detailed separately. Available-for-Sale Held-to-Maturity Debt Securities Debt Securities Amortized Fair Amortized Fair June 30, 2023 (in thousands) Cost Value Cost Value Due in one year or less $ 139,768 $ 136,180 $ 125 $ 125 Due from one year to five years 293,694 273,202 94,980 94,279 Due from five years to ten years — — — — Due beyond ten years 3,770 3,746 — — Private label mortgage-backed security 671 1,988 — — Mortgage-backed securities - residential 183,843 166,287 26 25 Collateralized mortgage obligations 24,222 22,747 6,845 6,761 Total debt securities $ 645,968 $ 604,150 $ 101,976 $ 101,190 Unrealized-Loss Analysis on Debt Securities The following tables summarize AFS debt securities in an unrealized loss position for which an ACLS had not been recorded as of June 30, 2023 and December 31, 2022, aggregated by investment category and length of time in a continuous unrealized loss position: Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized June 30, 2023 (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 $ 218,670 $ (7,852) $ 188,687 $ (16,241) $ 407,357 $ (24,093) Mortgage-backed securities - residential 63,616 (6,546) 101,546 (11,023) 165,162 (17,569) Collateralized mortgage obligations 8,551 (525) 12,550 (980) 21,101 (1,505) Trust preferred security 3,746 (24) — — 3,746 (24) Total available-for-sale debt securities $ 294,583 $ (14,947) $ 302,783 $ (28,244) $ 597,366 $ (43,191) 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) As of June 30, 2023, the Bank’s security portfolio consisted of 197 securities, 179 of which were in an unrealized loss position. As of December 31, 2022, the Bank’s security portfolio consisted of 179 securities, 163 of which were in an unrealized loss position. As of June 30, 2023 and December 31, 2022, there were no holdings of debt securities of any one issuer, other than the U.S. government and its agencies, in an amount greater than 10% of stockholders’ equity. Private Label Mortgage-Backed Security The Bank owns one private label mortgage-backed security with a total carrying value of $2 million as of June 30, 2023. This security is mostly backed by “Alternative A” first-lien mortgage loans, but also has an insurance “wrap” or guarantee as an added layer of protection to the security holder. This asset is illiquid, and as such, the Bank determined it to be a Level 3 security in accordance with ASC Topic 820, Fair Value Measurement. See additional discussion regarding the Bank’s private label mortgage-backed security under Footnote 11 “Fair Value” in this section of the filing. Mortgage-Backed Securities and Collateralized Mortgage Obligations As of June 30, 2023, with the exception of the $2 million private label mortgage-backed security, all other mortgage-backed securities and CMOs held by the Bank were issued by U.S. government-sponsored entities and agencies, primarily the FHLMC and FNMA. As of June 30, 2023 and December 31, 2022, there were gross unrealized losses of $19.1 million and $18.9 million related to AFS mortgage-backed securities and CMOs. Because these unrealized losses are attributable to changes in interest rates and illiquidity, and not credit quality, and because the Bank does not have the intent to sell these securities, and it is likely that it will not be required to sell the securities before their anticipated recovery, management does not consider these securities to have OTTI. Roll-forward of the Allowance for Credit Losses on Debt Securities The table below presents a roll-forward for the three months ended June 30, 2023 and 2022 of the ACLS on AFS and HTM debt securities: ACLS Roll-forward Three Months Ended June 30, 2023 2022 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ 3 $ (3) $ — $ — $ — $ — $ 30 $ — $ — $ 30 Held-to-Maturity Securities: Corporate Bonds 10 — — — 10 40 10 — — 50 Total $ 13 $ (3) $ — $ — $ 10 $ 40 $ 40 $ — $ — $ 80 ACLS Roll-forward Six Months Ended June 30, 2023 2022 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ — $ — $ — $ — $ — $ — $ 30 $ — $ — $ 30 Held-to-Maturity Securities: Corporate Bonds 10 — — — 10 47 3 — — 50 Total $ 10 $ — $ — $ — $ 10 $ 47 $ 33 $ — $ — $ 80 The Company’s ACLS on its HTM corporate bonds during the three and six months ended June 30, 2023 remained unchanged from December 31, 2022. There were no HTM debt securities on nonaccrual or past due 90 days or more as of June 30, 2023 and December 31, 2022. All of the Company’s HTM corporate bonds were rated investment grade as of June 30, 2023 and December 31, 2022. There were no HTM debt securities considered collateral dependent as of June 30, 2023 and December 31, 2022. Accrued interest on AFS debt securities is presented as a component of other assets on the Company’s balance sheet and is excluded from the ACLS. Accrued interest on AFS debt securities totaled $2 million and $2 million as of June 30, 2023 and December 31, 2022. Accrued interest receivable on HTM debt securities totaled $398,000 and $92,000 as of June 30, 2023 and December 31, 2022. Pledged Debt Securities Debt securities pledged to secure public deposits, securities sold under agreements to repurchase, and debt securities held for other purposes, as required or permitted by law, were as follows: (in thousands) June 30, 2023 December 31, 2022 Amortized cost $ 97,400 $ 236,047 Fair value 92,450 217,562 Carrying amount 92,450 217,562 Equity Securities The carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values were as follows: Gross Gross Amortized Unrealized Unrealized Fair June 30, 2023 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 122 $ — $ 122 Total equity securities with readily determinable fair values $ — $ 122 $ — $ 122 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 For equity securities with readily determinable fair values, the gross realized and unrealized gains and losses recognized in the Company’s consolidated statements of income were as follows: Gains (Losses) Recognized on Equity Securities Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ 15 $ 15 $ — $ 25 $ 25 Community Reinvestment Act mutual fund — — — (97) — (97) Total equity securities with readily determinable fair value $ — $ 15 $ 15 $ (97) $ 25 $ (72) Gains (Losses) Recognized on Equity Securities Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ 10 $ 10 $ — $ 19 $ 19 Community Reinvestment Act mutual fund — — — (209) — (209) Total equity securities with readily determinable fair value $ — $ 10 $ 10 $ (209) $ 19 $ (190)

LOANS HELD FOR SALE

LOANS HELD FOR SALE	6 Months Ended
LOANS HELD FOR SALE	Jun. 30, 2023
LOANS HELD FOR SALE
LOANS HELD FOR SALE	4. 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 12 “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: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 4,688 $ 11,709 $ 4,706 $ 19,747 Origination of consumer loans held for sale 30,147 98,704 52,944 195,436 Proceeds from the sale of consumer loans held for sale (29,889) (94,435) (53,449) (201,083) Net gain on sale of consumer loans held for sale 811 1,481 1,556 3,359 Balance, end of period $ 5,757 $ 17,459 $ 5,757 $ 17,459 Consumer Loans Held for Sale, at the Lower of Cost or Fair Value RCS originates for sale 90% or 95% of the balances from its line-of-credit products and 100% for some of its healthcare receivables products. Ordinary gains or losses on the sale of these RCS products are reported as a component of “Program fees.” Activity for consumer loans held for sale and carried at the lower of cost or market value was as follows: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 12,744 $ 3,026 $ 13,169 $ 2,937 Origination of consumer loans held for sale 232,257 184,078 416,682 332,560 Proceeds from the sale of consumer loans held for sale (231,412) (174,994) (418,051) (324,626) Net gain on sale of consumer loans held for sale 2,198 1,667 3,987 2,906 Balance, end of period $ 15,787 $ 13,777 $ 15,787 $ 13,777

LOANS AND ALLOWANCE FOR CREDIT

LOANS AND ALLOWANCE FOR CREDIT LOSSES	6 Months Ended
LOANS AND ALLOWANCE FOR CREDIT LOSSES	Jun. 30, 2023
LOANS AND ALLOWANCE FOR CREDIT LOSSES
LOANS AND ALLOWANCE FOR CREDIT LOSSES	5. LOANS AND ALLOWANCE FOR CREDIT LOSSES The composition of the loan portfolio follows: (in thousands) June 30, 2023 December 31, 2022 Traditional Banking: Residential real estate: Owner occupied $ 1,086,751 $ 911,427 Nonowner occupied 350,390 321,358 Commercial real estate 1,727,092 1,599,510 Construction & land development 179,479 153,875 Commercial & industrial 478,759 413,387 Lease financing receivables 79,804 10,505 Aircraft 208,512 179,785 Home equity 255,755 241,739 Consumer: Credit cards 17,134 15,473 Overdrafts 706 726 Automobile loans 4,177 6,731 Other consumer 6,109 626 Total Traditional Banking 4,394,668 3,855,142 Warehouse lines of credit* 539,560 403,560 Total Core Banking 4,934,228 4,258,702 Republic Processing Group: Tax Refund Solutions: Refund Advances — 97,505 Other TRS commercial & industrial loans 193 51,767 Republic Credit Solutions 118,721 107,828 Total Republic Processing Group 118,914 257,100 Total loans* 5,053,142 4,515,802 Allowance for credit losses (72,202) (70,413) Total loans, net $ 4,980,940 $ 4,445,389 Identifies loans to borrowers located primarily outside of the Bank’s market footprint. * Total loans are presented inclusive of premiums, discounts, and net loan origination fees and costs. See table directly below for expanded detail. The following table reconciles the contractually receivable and carrying amounts of loans: (in thousands) June 30, 2023 December 31, 2022 Contractually receivable $ 5,059,937 $ 4,519,136 Unearned income (1,303) (835) Unamortized premiums 1,313 99 Unaccreted discounts (3,721) (479) PPP net unamortized deferred origination (fees) and costs (67) (91) Other net unamortized deferred origination (fees) and costs (3,017) (2,028) Carrying value of loans $ 5,053,142 $ 4,515,802 Credit Quality Indicators The following tables include loans by segment, risk category, and, for non-revolving loans, origination year. Loan segments and risk categories as of June 30, 2023 remain unchanged from those defined in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022. Regarding origination year, loan extensions and renewals are generally considered originated in the year extended or renewed unless the loan is classified as a loan modification (formerly TDR.) Loan extensions and renewals classified as loan modifications (formerly TDRs) generally receive no change in origination date upon extension or renewal. Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year Amortized Converted As of June 30, 2023 2023 2022 2021 2020 Prior Cost Basis to Term Total Residential real estate owner occupied: Risk Rating Pass or not rated $ 228,708 $ 212,810 $ 185,875 $ 179,237 $ 257,247 $ — $ 1,025 $ 1,064,902 Special Mention — — — — 6,710 — — 6,710 Substandard — 1,729 1,460 1,161 10,789 — — 15,139 Doubtful — — — — — — — — Total $ 228,708 $ 214,539 $ 187,335 $ 180,398 $ 274,746 $ — $ 1,025 $ 1,086,751 YTD Gross Charge-offs $ — $ 8 $ 7 $ — $ — $ — $ — $ 15 Residential real estate nonowner occupied: Risk Rating Pass or not rated $ 50,814 $ 72,662 $ 84,995 $ 50,396 $ 83,144 $ — $ 8,277 $ 350,288 Special Mention — — — — 29 — — 29 Substandard — — — — 73 — — 73 Doubtful — — — — — — — — Total $ 50,814 $ 72,662 $ 84,995 $ 50,396 $ 83,246 $ — $ 8,277 $ 350,390 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial real estate: Risk Rating Pass or not rated $ 129,293 $ 466,364 $ 385,492 $ 202,957 $ 368,264 $ 22,465 $ 112,808 $ 1,687,643 Special Mention 579 1,758 4,696 — 30,629 831 — 38,493 Substandard — — — — 956 — — 956 Doubtful — — — — — — — — Total $ 129,872 $ 468,122 $ 390,188 $ 202,957 $ 399,849 $ 23,296 $ 112,808 $ 1,727,092 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Construction and land development: Risk Rating Pass or not rated $ 38,394 $ 114,290 $ 25,561 $ 531 $ 429 $ 274 $ — $ 179,479 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 38,394 $ 114,290 $ 25,561 $ 531 $ 429 $ 274 $ — $ 179,479 YTD Gross Charge-offs — — — — — — — — Commercial and industrial: Risk Rating Pass or not rated $ 70,111 $ 104,044 $ 83,637 $ 17,742 $ 69,772 $ 114,103 $ 3,563 $ 462,972 Special Mention — 480 12,467 665 1,920 255 — 15,787 Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 70,111 $ 104,524 $ 96,104 $ 18,407 $ 71,692 $ 114,358 $ 3,563 $ 478,759 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Lease financing receivables: Risk Rating Pass or not rated $ 26,163 $ 28,658 $ 13,197 $ 6,296 $ 5,195 $ — $ — $ 79,509 Special Mention — — — — 162 — — 162 Substandard — — — — 133 — — 133 Doubtful — — — — — — — — Total $ 26,163 $ 28,658 $ 13,197 $ 6,296 $ 5,490 $ — $ — $ 79,804 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Aircraft: Risk Rating Pass or not rated $ 43,840 $ 60,247 $ 49,496 $ 32,309 $ 22,620 $ — $ — $ 208,512 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 43,840 $ 60,247 $ 49,496 $ 32,309 $ 22,620 $ — $ — $ 208,512 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Home equity: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 254,090 $ — $ 254,090 Special Mention — — — — — 106 — 106 Substandard — — — — — 1,559 — 1,559 Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 255,755 $ — $ 255,755 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year (Continued) Amortized Converted As of June 30, 2023 2023 2022 2021 2020 Prior Cost Basis to Term Total Consumer: Risk Rating Pass or not rated $ 1,278 $ 1,474 $ 690 $ 107 $ 5,104 $ 19,444 $ — $ 28,097 Special Mention — — — — — — — — Substandard — — 7 — 22 — — 29 Doubtful — — — — — — — — Total $ 1,278 $ 1,474 $ 697 $ 107 $ 5,126 $ 19,444 $ — $ 28,126 YTD Gross Charge-offs $ — $ 11 $ 8 $ — $ 5 $ 531 $ — $ 555 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 539,560 $ — $ 539,560 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 539,560 $ — $ 539,560 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — TRS: Risk Rating Pass or not rated $ 193 $ — $ — $ — $ — $ — $ — $ 193 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 193 $ — $ — $ — $ — $ — $ — $ 193 YTD Gross Charge-offs $ 126 $ — $ — $ — $ — $ 25,824 $ — $ 25,950 RCS: Risk Rating Pass or not rated $ 30,079 $ 13,643 $ 1,304 $ 919 $ 22,113 $ 49,929 $ — $ 117,987 Special Mention — — — — — — — — Substandard — — — — — 734 — 734 Doubtful — — — — — — — — Total $ 30,079 $ 13,643 $ 1,304 $ 919 $ 22,113 $ 50,663 $ — $ 118,721 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ 6,118 $ — $ 6,118 Grand Total: Risk Rating Pass or not rated $ 618,873 $ 1,074,192 $ 830,247 $ 490,494 $ 833,888 $ 999,865 $ 125,673 $ 4,973,232 Special Mention 579 2,238 17,163 665 39,450 1,192 — 61,287 Substandard — 1,729 1,467 1,161 11,973 2,293 — 18,623 Doubtful — — — — — — — — Grand Total $ 619,452 $ 1,078,159 $ 848,877 $ 492,320 $ 885,311 $ 1,003,350 $ 125,673 $ 5,053,142 YTD Gross Charge-offs $ 126 $ 19 $ 15 $ — $ 5 $ 32,473 $ — $ 32,638 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 YTD Gross Charge-offs $ 21 $ — $ — $ — $ — $ — $ i $ 21 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 YTD Gross Charge-offs $ — $ 9 $ — $ — $ — $ — $ — $ 9 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 Commercial and industrial: Risk Rating Pass or not rated $ 116,483 $ 82,431 $ 17,944 $ 36,254 $ 36,367 $ 103,257 $ 4,865 $ 397,601 Special Mention 536 13,239 — — 1,756 255 — 15,786 Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 117,019 $ 95,670 $ 17,944 $ 36,254 $ 38,123 $ 103,512 $ 4,865 $ 413,387 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 YTD Gross Charge-offs $ — $ 5 $ — $ 11 $ — $ 1,274 $ — $ 1,290 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 403,560 $ — $ 403,560 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 403,560 $ — $ 403,560 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — TRS: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 149,272 $ — $ 149,272 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 149,272 $ — $ 149,272 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ 11,659 $ — $ 11,659 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ 11,390 $ — $ 11,390 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 YTD Gross Charge-offs $ 21 $ 14 $ — $ 11 $ — $ 24,323 $ — $ 24,369 Allowance for Credit Losses on Loans The following table presents the activity in the ACLL by portfolio class: ACLL Roll-forward Three Months Ended June 30, 2023 2022 Beginning CBank Charge- Ending Beginning Charge- Ending (in thousands) Balance Adjustment* Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Traditional Banking: Residential real estate: Owner occupied $ 8,798 $ — $ 1,100 $ (9) $ 10 $ 9,899 $ 8,358 $ 62 $ — $ 25 $ 8,445 Nonowner occupied 2,895 — 190 — 1 3,086 2,746 (14) — 1 2,733 Commercial real estate 24,827 — 250 — 12 25,089 24,624 (284) — 1 24,341 Construction & land development 4,452 — 359 — — 4,811 3,893 (302) — — 3,591 Commercial & industrial 5,676 (1,008) (365) — 19 4,322 3,412 348 — 8 3,768 Lease financing receivables 1,350 (376) (149) — — 825 109 10 — — 119 Aircraft 461 — 60 — — 521 378 22 — — 400 Home equity 4,660 — 110 — — 4,770 4,044 (40) — 109 4,113 Consumer: Credit cards 1,080 — 43 (33) 13 1,103 944 59 (31) 22 994 Overdrafts 595 — 257 (186) 40 706 716 315 (194) 64 901 Automobile loans 66 — (16) — 3 53 151 (32) — 3 122 Other consumer 356 — 21 (11) 16 382 241 (38) (20) 17 200 Total Traditional Banking 55,216 (1,384) 1,860 (239) 114 55,567 49,616 106 (245) 250 49,727 Warehouse lines of credit 1,144 — 202 — — 1,346 1,725 (234) — — 1,491 Total Core Banking 56,360 (1,384) 2,062 (239) 114 56,913 51,341 (128) (245) 250 51,218 Republic Processing Group: Tax Refund Solutions: Refund Advances 25,797 — (161) (25,824) 188 — 8,315 564 (11,505) 2,626 — Other TRS commercial & industrial loans 184 — (58) (126) — — 55 (204) (153) 302 — Republic Credit Solutions 13,780 — 4,296 (3,018) 231 15,289 11,945 3,433 (2,411) 264 13,231 Total Republic Processing Group 39,761 — 4,077 (28,968) 419 15,289 20,315 3,793 (14,069) 3,192 13,231 Total $ 96,121 $ (1,384) $ 6,139 $ (29,207) $ 533 $ 72,202 $ 71,656 $ 3,665 $ (14,314) $ 3,442 $ 64,449 ACLL Roll-forward Six Months Ended June 30, 2023 2022 Beginning CBank Charge- Ending Beginning Charge- Ending (in thousands) Balance Adjustment* Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Traditional Banking: Residential real estate: Owner occupied $ 8,909 $ — $ 980 $ (15) $ 25 $ 9,899 $ 8,647 $ (269) $ — $ 67 $ 8,445 Nonowner occupied 2,831 — 254 — 1 3,086 2,700 31 — 2 2,733 Commercial real estate 23,739 — 1,291 — 59 25,089 23,769 570 — 2 24,341 Construction & land development 4,123 — 688 — — 4,811 4,128 (537) — — 3,591 Commercial & industrial 3,976 — 237 — 109 4,322 3,487 264 — 17 3,768 Lease financing receivables 110 216 499 — — 825 91 28 — — 119 Aircraft 449 — 72 — — 521 357 43 — — 400 Home equity 4,628 — 141 — 1 4,770 4,111 (110) — 112 4,113 Consumer: Credit cards 996 — 155 (73) 25 1,103 934 91 (70) 39 994 Overdrafts 726 — 309 (433) 104 706 683 503 (408) 123 901 Automobile loans 87 — (32) (7) 5 53 186 (68) — 4 122 Other consumer 135 — 250 (42) 39 382 314 (113) (30) 29 200 Total Traditional Banking 50,709 216 4,844 (570) 368 55,567 49,407 433 (508) 395 49,727 Warehouse lines of credit 1,009 — 337 — — 1,346 2,126 (635) — — 1,491 Total Core Banking 51,718 216 5,181 (570) 368 56,913 51,533 (202) (508) 395 51,218 Republic Processing Group: Tax Refund Solutions: Refund Advances 3,797 — 21,554 (25,824) 473 — — 8,879 (11,505) 2,626 — Other TRS commercial & industrial loans 91 — 35 (126) — — 96 (607) (153) 664 — Republic Credit Solutions 14,807 — 6,135 (6,118) 465 15,289 12,948 4,828 (5,084) 539 13,231 Total Republic Processing Group 18,695 — 27,724 (32,068) 938 15,289 13,044 13,100 (16,742) 3,829 13,231 Total $ 70,413 $ 216 $ 32,905 $ (32,638) $ 1,306 $ 72,202 $ 64,577 $ 12,898 $ (17,250) $ 4,224 $ 64,449 The cumulative loss rate used as the basis for the estimate of the Company’s ACLL as of June 30, 2023 was primarily based on a static pool analysis of each of the Company’s loan pools using the Company’s loss experience from 2013 through 2023, supplemented by qualitative factor adjustments for current and forecasted conditions. The Company employs one-year forecasts of unemployment and CRE values within its ACLL model, with reversion to long-term averages following the forecasted period. The cumulative loss rate within the Company’s ACLL also includes estimated losses based on an individual evaluation of loans which are either collateral dependent or which do not share risk characteristics with pooled loans, e.g. , Loan Modifications. For its CRE loan pool, the Company employed a one-year forecast of CRE vacancy rates through March 31, 2022 but discontinued use of this forecast during the second quarter of 2022 in favor of a one-year forecast of general CRE values. This change in forecast method had no material impact on the Company’s ACLL. Nonperforming Loans and Nonperforming Assets Detail of nonperforming loans, nonperforming assets, and select credit quality ratios follows: (dollars in thousands) June 30, 2023 December 31, 2022 Loans on nonaccrual status* $ 16,957 $ 15,562 Loans past due 90-days-or-more and still on accrual** 547 756 Total nonperforming loans 17,504 16,318 Other real estate owned 1,478 1,581 Total nonperforming assets $ 18,982 $ 17,899 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.35 % 0.36 % Nonperforming assets to total loans (including OREO) 0.38 0.40 Nonperforming assets to total assets 0.30 0.31 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.34 % 0.37 % Nonperforming assets to total loans (including OREO) 0.37 0.40 Nonperforming assets to total assets 0.32 0.32 * Loans on nonaccrual status include collateral-dependent loans. ** Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. The following tables present the recorded investment in nonaccrual loans and loans past due 90-days-or-more and still on accrual by class of loans: Past Due 90-Days-or-More Nonaccrual and Still Accruing Interest* (in thousands) June 30, 2023 December 31, 2022 June 30, 2023 December 31, 2022 Traditional Banking: Residential real estate: Owner occupied $ 14,432 $ 13,388 $ — $ — Nonowner occupied 72 117 — — Commercial real estate 927 1,001 — — Construction & land development — — — — Commercial & industrial — — — — Lease financing receivables — — — — Aircraft — — — Home equity 1,498 815 — — Consumer: Credit cards — — — — Overdrafts — — — — Automobile loans 27 31 — — Other consumer 1 210 — — Total Traditional Banking 16,957 15,562 — — Warehouse lines of credit — — — — Total Core Banking 16,957 15,562 — — Republic Processing Group: Tax Refund Solutions: Refund Advances — — — — Other TRS commercial & industrial loans — — — — Republic Credit Solutions — — 547 756 Total Republic Processing Group — — 547 756 Total $ 16,957 $ 15,562 $ 547 $ 756 * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. Three Months Ended Six Months Ended As of June 30, 2023 June 30, 2023 June 30, 2023 Nonaccrual Nonaccrual Total Interest Income Interest Income Loans with Loans without Nonaccrual Recognized Recognized (in thousands) ACLL ACLL Loans on Nonaccrual Loans* on Nonaccrual Loans* Residential real estate: Owner occupied $ 256 $ 14,176 $ 14,432 $ 232 $ 438 Nonowner occupied 23 49 72 1 1 Commercial real estate 927 — 927 87 110 Construction & land development — — — — — Commercial & industrial — — — — — Lease financing receivables — — — — — Aircraft — — — — — Home equity — 1,498 1,498 28 64 Consumer 1 27 28 3 6 Total $ 1,207 $ 15,750 $ 16,957 $ 351 $ 619 * Includes interest income for loans on nonaccrual as of the beginning of the period that were paid off during the period. Three Months Ended Six Months Ended As of December 31, 2022 June 30, 2022 June 30, 2022 Nonaccrual Nonaccrual Total Interest Income Interest Income Loans with Loans without Nonaccrual Recognized Recognized (in thousands) ACLL ACLL Loans on Nonaccrual Loans* on Nonaccrual Loans* Residential real estate:

DEPOSITS

DEPOSITS	6 Months Ended
DEPOSITS	Jun. 30, 2023
DEPOSITS
DEPOSITS	6. DEPOSITS The composition of the deposit portfolio follows: (in thousands) June 30, 2023 December 31, 2022 Core Bank: Demand $ 1,161,743 $ 1,336,082 Money market accounts 851,090 707,272 Savings 289,209 323,015 Reciprocal money market 169,619 28,635 Individual retirement accounts (1) 34,227 38,640 Time deposits, $250 and over (1) 91,036 54,855 Other certificates of deposit (1) 186,053 129,324 Reciprocal time deposits (1) 73,205 7,405 Wholesale brokered deposits (1) 8,033 — Total Core Bank interest-bearing deposits 2,864,215 2,625,228 Total Core Bank noninterest-bearing deposits 1,405,543 1,464,493 Total Core Bank deposits 4,269,758 4,089,721 Republic Processing Group: Money market accounts 10,159 3,849 Total RPG interest-bearing deposits 10,159 3,849 Brokered prepaid card deposits 344,441 328,655 Other noninterest-bearing deposits 104,923 115,620 Total RPG noninterest-bearing deposits 449,364 444,275 Total RPG deposits 459,523 448,124 Total deposits $ 4,729,281 $ 4,537,845 (1) Includes time deposits .

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	6 Months Ended
	Jun. 30, 2023
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	7. SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS Securities sold under agreements to repurchase consist of short-term excess funds from correspondent banks, repurchase agreements, and overnight liabilities to deposit clients arising from the Bank’s treasury management program. While comparable to deposits in their transactional nature, these overnight liabilities to clients are in the form of repurchase agreements. Repurchase agreements collateralized by securities are treated as financings; accordingly, the securities involved with the agreements are recorded as assets and are held by a safekeeping agent and the obligations to repurchase the securities are reflected as liabilities. Should the fair value of currently pledged securities fall below the associated repurchase agreements, the Bank would be required to pledge additional securities. To mitigate the risk of under collateralization, the Bank typically pledges at least two percent more in securities than the associated repurchase agreements. All such securities are under the Bank’s control. As of June 30, 2023 and December 31, 2022, all securities sold under agreements to repurchase had overnight maturities. Additional information regarding securities sold under agreements to repurchase and other short-term borrowings follows: (dollars in thousands) June 30, 2023 December 31, 2022 Outstanding balance at end of period $ 92,093 $ 216,956 Weighted average interest rate at end of period 0.43 % 0.41 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 92,450 $ 254,296 Total securities pledged $ 92,450 $ 254,296 Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2023 2022 2023 2022 Average outstanding balance during the period $ 117,852 $ 294,388 $ 160,146 $ 297,263 Weighted average interest rate during the period 0.59 % 0.07 % 0.53 % 0.05 % Maximum outstanding at any month end during the period $ 121,835 $ 303,315 $ 224,067 $ 303,315

RIGHT-OF-USE ASSETS AND OPERATI

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	6 Months Ended
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	Jun. 30, 2023
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES	8. RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES The Company records as operating lease liabilities the present value of its required minimum lease payments plus any amounts probable of being owed under a residual value guarantee. Offsetting these operating lease liabilities, the Company records right-of-use assets for the underlying leased property. As of June 30, 2023, the Company was under 45 separate and distinct operating lease contracts to lease the land and/or buildings for 38 of its offices, with 12 such operating leases contracted with a related party of the Company. As of June 30, 2023, payments on 22 of the Company’s operating leases were considered variable because such payments were adjustable based on periodic changes in the Consumer Price Index. The Company recorded a renewal to one of its third-party leases during the first six months of 2023 with a total right-of-use asset value of $1.1 million and recorded two new third-party leases during the first six months of 2023 with a total right-of-use asset value of $278,000 . The following table presents information concerning the Company’s operating lease expense recorded as a noninterest expense within the “Occupancy” category for the three and six months ended June 30, 2023 and 2022: Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2023 2022 2023 2022 Operating lease expense: Related Party: Variable lease expense $ 1,205 $ 1,269 $ 2,429 $ 2,535 Fixed lease expense 58 57 117 92 Third-Party: Variable lease expense 369 220 680 417 Fixed lease expense 386 349 775 693 Total operating lease expense $ 2,018 $ 1,895 $ 4,001 $ 3,737 Other information concerning operating leases: Cash paid for amounts included in the measurement of operating lease liabilities $ 1,771 $ 1,705 $ 3,500 $ 3,412 Cash paid for variable rent payments not included in measurement of operating lease liabilities 151 151 302 302 Short-term lease payments not included in the measurement of lease liabilities — — — — The following table presents the weighted average remaining term and weighted average discount rate for the Company’s non-short-term operating leases as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 Weighted average remaining term in years 7.96 8.44 Weighted average discount rate 2.13 % 2.10 % The following table presents a maturity schedule of the Company’s operating lease liabilities based on undiscounted cash flows, and a reconciliation of those undiscounted cash flows to the operating lease liabilities recognized on the Company’s balance sheet as of June 30, 2023: Year (in thousands) Related Party Third-Party Total 2023 $ 1,923 $ 1,322 $ 3,245 2024 3,726 2,447 6,173 2025 3,570 1,842 5,412 2026 3,640 1,491 5,131 2027 3,680 1,160 4,840 Thereafter 11,751 3,630 15,381 Total undiscounted cash flows $ 28,290 $ 11,892 $ 40,182 Discount applied to cash flows (3,035) (1,426) (4,461) Total discounted cash flows reported as operating lease liabilities $ 25,255 $ 10,466 $ 35,721

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	6 Months Ended
FEDERAL HOME LOAN BANK ADVANCES	Jun. 30, 2023
FEDERAL HOME LOAN BANK ADVANCES
FEDERAL HOME LOAN BANK ADVANCES	9. FEDERAL HOME LOAN BANK ADVANCES FHLB advances were as follows: (in thousands) June 30, 2023 December 31, 2022 Overnight advances $ 450,000 $ 75,000 Fixed interest rate advances 70,000 20,000 Total FHLB advances $ 520,000 $ 95,000 Each FHLB advance is payable at its maturity date, with a prepayment penalty for fixed rate advances that are paid off earlier than maturity. FHLB advances are collateralized by a blanket pledge of eligible real estate loans. As of June 30, 2023 and December 31, 2022, Republic had available borrowing capacity of $543 million and $900 million, respectively, from the FHLB. In addition to its borrowing capacity with the FHLB, Republic also had unsecured lines of credit totaling $125 million available through various other financial institutions as of June 30, 2023 and December 31, 2022. 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 $ 450,000 5.09 % 2024 — — 2025 — — 2026 20,000 1.89 2027 50,000 4.17 2028 — — Total $ 520,000 4.88 % Due to their nature, the Bank considers average balance information more meaningful than period-end balances for its overnight borrowings from the FHLB. Information regarding overnight FHLB advances follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2023 2022 2023 2022 Average outstanding balance during the period $ 226,659 $ — $ 226,006 $ — Weighted average interest rate during the period 5.20 % — % 4.82 % — % Maximum outstanding at any month end during the period $ 450,000 $ — $ 450,000 $ — The following table illustrates real estate loans pledged to collateralize advances and letters of credit with the FHLB: (in thousands) June 30, 2023 December 31, 2022 First lien, single family residential real estate $ 1,303,563 $ 1,106,287 Home equity lines of credit 232,304 219,644

OFF BALANCE SHEET RISKS, COMMIT

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	6 Months Ended
	Jun. 30, 2023
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	10. 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 period ended: (in thousands) June 30, 2023 December 31, 2022 Unused warehouse lines of credit $ 440,940 $ 733,940 Unused home equity lines of credit 430,954 410,057 Unused loan commitments - other 1,175,149 951,021 Standby letters of credit 10,232 9,735 FHLB letter of credit 233 643 Total commitments $ 2,057,508 $ 2,105,396 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 roll-forward of the ACLC for the three and six months ended June 30, 2023 and 2022: ACLC Roll-forward Three Months Ended 2023 2022 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 $ 198 $ (53) $ — $ — $ 145 $ 130 $ 32 $ — $ — $ 162 Unused home equity lines of credit 341 12 — — 353 256 21 — — 277 Unused construction lines of credit 547 86 — — 633 — — — — — Unused loan commitments - other 374 25 — — 399 654 7 — — 661 Total $ 1,460 $ 70 $ — $ — $ 1,530 $ 1,040 $ 60 $ — $ — $ 1,100 ACLC Roll-forward Six Months Ended June 30, 2023 2022 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 $ 190 $ (45) $ — $ — $ 145 $ 154 $ 8 $ — $ — $ 162 Unused home equity lines of credit 332 21 — — 353 247 30 — — 277 Unused construction lines of credit 384 249 — — 633 — — — — — Unused loan commitments - other 344 55 — — 399 651 10 — — 661 Total $ 1,250 $ 280 $ — $ — $ 1,530 $ 1,052 $ 48 $ — $ — $ 1,100 The Company increased its ACLC during the three and six months ended June 30, 2023 based primarily on a change in the loan mix to loans with higher reserve rates.

FAIR VALUE

FAIR VALUE	6 Months Ended
FAIR VALUE	Jun. 30, 2023
FAIR VALUE
FAIR VALUE	11. 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 3 “Investment Securities” for additional discussion regarding the Bank’s private label mortgage-backed security. For its TRUP investment, the Company considered the most recent bid price for the same instrument to approximate market value as of June 30, 2023. The Company’s TRUP investment is considered highly illiquid and also valued using Level 3 inputs, as the most recent bid price for this instrument is not always considered generally observable. Equity securities with readily determinable fair value: The fair value of the Company’s Freddie Mac preferred stock is determined by matrix pricing, as described above (Level 2 inputs). Mortgage loans held for sale, at fair value: Consumer loans held for sale, at fair value: In December 2019, the Bank began offering RCS installment loans with terms ranging from 12 to 60 months to borrowers in multiple states. Balances originated under this RCS installment loan program are carried as “held for sale” on the Bank’s balance sheet, with the intent to sell within sixteen days following the Bank’s origination of the loans. Loans originated under this RCS installment loan program are carried at fair value under a fair-value option, with the portfolio marked to market monthly. Fair value for these loans is based on contractual sales terms, Level 3 inputs. Consumer loans held for investment, at fair value: Mortgage Banking derivatives Interest rate swap agreements: Collateral-dependent loans: Other Real Estate Owned: Assets and liabilities measured at fair value on a recurring basis Fair Value Measurements at June 30, 2023 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 $ 174,323 $ 233,034 $ — $ 407,357 Private label mortgage-backed security — — 1,988 1,988 Mortgage-backed securities - residential — 166,287 — 166,287 Collateralized mortgage obligations — 22,747 — 22,747 Corporate bonds — 2,025 — 2,025 Trust preferred security — — 3,746 3,746 Total available-for-sale debt securities $ 174,323 $ 424,093 $ 5,734 $ 604,150 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 122 $ — $ 122 Total equity securities with readily determinable fair value $ — $ 122 $ — $ 122 Mortgage loans held for sale $ — $ 4,038 $ — $ 4,038 Consumer loans held for sale — — 5,757 5,757 Rate lock loan commitments — 189 — 189 Interest rate swap agreements — 7,829 — 7,829 Financial liabilities: Mandatory forward contracts $ — $ 61 $ — $ 61 Interest rate swap agreements — 7,829 — 7,829 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 Interest rate swap agreements — 8,128 — 8,128 Financial liabilities: Mandatory forward contracts $ — $ 67 $ — $ 67 Interest rate swap agreements — 8,128 — 8,128 All transfers between levels are generally recognized at the end of each quarter. There were no transfers into or out of Level 1, 2, or 3 assets during the three months and six months ended June 30, 2023 and 2022. Private Label Mortgage-Backed Security The following table presents a reconciliation of the Bank’s private label mortgage-backed security measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 2,010 $ 2,602 $ 2,127 $ 2,731 Total gains or losses included in earnings: Net change in unrealized gain 26 (15) 32 9 Principal paydowns (48) (109) (171) (262) Balance, end of period $ 1,988 $ 2,478 $ 1,988 $ 2,478 The fair value of the Bank’s single private label mortgage-backed security is supported by analysis prepared by an independent third party. The third party’s approach to determining fair value involved several steps: 1) detailed collateral analysis of the underlying mortgages, including consideration of geographic location, original loan-to-value, and the weighted average FICO score of the borrowers; 2) collateral performance projections for each pool of mortgages underlying the security (probability of default, severity of default, and prepayment probabilities) and 3) discounted cash flow modeling. The significant unobservable inputs in the fair value measurement of the Bank’s single private label mortgage-backed security are prepayment rates, probability of default, and loss severity in the event of default. Significant fluctuations in any of those inputs in isolation would result in a significantly different fair value measurement. Quantitative information about recurring Level 3 fair value measurement inputs for the Bank’s single private label mortgage-backed security follows: Fair Valuation June 30, 2023 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage-backed security $ 1,988 Discounted cash flow (1) Constant prepayment rate 2.7% - 4.5% (2) Probability of default 1.8% - 9.3% (3) Loss severity 12% - 35% 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% Trust Preferred Security The following table presents a reconciliation of the Company’s TRUP measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 4,001 $ 3,725 $ 3,855 $ 3,847 Total gains or losses included in earnings: Discount accretion 15 14 29 28 Net change in unrealized gain (270) 85 (138) (51) Balance, end of period $ 3,746 $ 3,824 $ 3,746 $ 3,824 The fair value of the Company’s TRUP investment is based on the most recent bid price for this instrument, as provided by a third-party broker. Mortgage Loans Held for Sale The Bank has elected the fair value option for mortgage loans held for sale. These loans are intended for sale and the Bank believes that the fair value is the best indicator of the resolution of these loans. Interest income is recorded based on the contractual terms of the loans and in accordance with Bank policy for such instruments. None of these loans were past due 90-days-or-more or on nonaccrual as of June 30, 2023 and December 31, 2022. The aggregate fair value, contractual balance, and unrealized gain were as follows: (in thousands) June 30, 2023 December 31, 2022 Aggregate fair value $ 4,038 $ 1,302 Contractual balance 3,961 1,265 Unrealized gain 77 37 The total amount of gains and losses from changes in fair value included in earnings for the three and six months ended June 30, 2023 and 2022 for mortgage loans held for sale are presented in the following table: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Interest income $ 61 $ 153 $ 122 $ 357 Change in fair value 47 109 39 (597) Total included in earnings $ 108 $ 262 $ 161 $ (240) Consumer Loans Held for Sale RCS carries loans originated through its installment loan program at fair value. Interest income is recorded based on the contractual terms of the loan and in accordance with Bank policy for such instruments. None of these loans were past due 90-days-or-more or on nonaccrual as of June 30, 2023 and December 31, 2022. The significant unobservable inputs in the fair value measurement of the Bank’s short-term installment loans are the net contractual premiums and level of loans sold at a discount price. Significant fluctuations in any of those inputs in isolation would result in a significantly lower/higher fair value measurement. The following table presents quantitative information about recurring Level 3 fair value measurement inputs for installment loans: Fair Valuation June 30, 2023 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 5,757 Contract Terms (1) Net Premium 0.15% (2) Discounted Sales 10.00% 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% The aggregate fair value, contractual balance, and unrealized gain on consumer loans held for sale, at fair value, were as follows: (in thousands) June 30, 2023 December 31, 2022 Aggregate fair value $ 5,757 $ 4,706 Contractual balance 5,791 4,734 Unrealized loss (34) (28) The total amount of net gains from changes in fair value included in earnings for consumer loans held for sale, at fair value, are presented in the following table: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Interest income $ 949 $ 2,990 $ 1,714 $ 5,880 Change in fair value (9) (181) (6) (218) Total included in earnings $ 940 $ 2,809 $ 1,708 $ 5,662 Assets measured at fair value on a non-recurring basis Fair Value Measurements at June 30, 2023 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 $ — $ — $ 1,198 $ 1,198 Commercial real estate — — 851 851 Total collateral-dependent loans* $ — $ — $ 2,049 $ 2,049 Other real estate owned: Commercial real estate $ — $ — $ 1,478 $ 1,478 Total other real estate owned $ — $ — $ 1,478 $ 1,478 * The difference between the carrying value and the fair value of collateral-dependent loans measured at fair value is reconciled in a subsequent table of this Footnote. Fair Value Measurements at December 31, 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: Residential real estate $ — $ — $ 1,581 $ 1,581 Total other real estate owned $ — $ — $ 1,581 $ 1,581 * The difference between the carrying value and the fair value of collateral-dependent loans measured at fair value is reconciled in a subsequent table of this Footnote. The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis Range Fair Valuation Unobservable (Weighted June 30, 2023 (dollars in thousands) Value Technique Inputs Average) Collateral-dependent loans - residential real estate owner occupied $ 1,198 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 35% (11.1%) Collateral-dependent loans - commercial real estate $ 851 Sales comparison approach Adjustments determined for differences between comparable sales 16% (16%) Other real estate owned - commercial real estate $ 1,478 Sales comparison approach Adjustments determined for differences between comparable sales 39% ( 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% ( 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. The Provision on collateral-dependent loans follows: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Provision on collateral-dependent loans $ — $ (7) $ (14) $ (4) Other Real Estate Owned Details of other real estate owned carrying value and write downs follows: (in thousands) June 30, 2023 December 31, 2022 Other real estate owned carried at fair value $ 1,478 $ 1,581 Total carrying value of other real estate owned $ 1,478 $ 1,581 Other real estate owned write-downs during the years ended $ 105 $ 211 Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Other real estate owned write-downs during the period $ 52 $ 54 $ 105 $ 105 The carrying amounts and estimated exit price fair values of all financial instruments follow: Fair Value Measurements at June 30, 2023: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 241,967 $ 241,967 $ — $ — $ 241,967 Available-for-sale debt securities 604,150 174,323 424,093 5,734 604,150 Held-to-maturity debt securities 101,966 — 101,190 — 101,190 Equity securities with readily determinable fair values 122 — 122 — 122 Mortgage loans held for sale, at fair value 4,038 — 4,038 — 4,038 Consumer loans held for sale, at fair value 5,757 — — 5,757 5,757 Consumer loans held for sale, at the lower of cost or fair value 15,787 — — 15,787 15,787 Loans, net 4,980,940 — — 4,725,917 4,725,917 Federal Home Loan Bank stock 29,395 — — — NA Accrued interest receivable 16,157 — 2,624 13,533 16,157 Mortgage servicing rights 7,995 — 16,955 — 16,955 Rate lock loan commitments 189 — 189 — 189 Interest rate swap agreements 7,829 — 7,829 — 7,829 Liabilities: Noninterest-bearing deposits $ 1,854,907 $ — $ 1,854,907 $ — $ 1,854,907 Transaction deposits 2,489,853 — 2,489,853 — 2,489,853 Time deposits 384,521 — 378,663 — 378,663 Securities sold under agreements to repurchase and other short-term borrowings 92,450 — 92,450 — 92,450 Federal Home Loan Bank advances 520,000 — 516,307 — 516,307 Accrued interest payable 868 — 868 — 868 Rate lock loan commitments 189 — 189 — 189 Mandatory forward contracts 61 — 61 — 61 Interest rate swap agreements 7,829 — 7,829 — 7,829 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 Rate lock loan commitments 2 — 2 — 2 Interest rate swap agreements 8,128 — 8,128 — 8,128 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 Mandatory forward contracts 67 — 67 — 67 Interest rate swap agreements 8,128 — 8,128 — 8,128

MORTGAGE BANKING ACTIVITIES

MORTGAGE BANKING ACTIVITIES	6 Months Ended
MORTGAGE BANKING ACTIVITIES	Jun. 30, 2023
MORTGAGE BANKING ACTIVITIES
MORTGAGE BANKING ACTIVITIES	12. MORTGAGE BANKING ACTIVITIES Mortgage Banking activities primarily include residential mortgage originations and servicing. Activity for mortgage loans held for sale, at fair value, was as follows: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 1,034 $ 13,302 $ 1,302 $ 29,393 Origination of mortgage loans held for sale 13,948 61,489 29,890 162,150 Proceeds from the sale of mortgage loans held for sale (11,483) (67,759) (28,113) (186,971) Net gain on sale of mortgage loans held for sale 539 1,459 959 3,919 Balance, end of period $ 4,038 $ 8,491 $ 4,038 $ 8,491 The following table presents the components of Mortgage Banking income: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Net gain realized on sale of mortgage loans held for sale $ 357 $ 2,674 $ 605 $ 5,407 Net change in fair value recognized on loans held for sale 47 109 39 (597) Net change in fair value recognized on rate lock loan commitments 93 (222) 187 (1,184) Net change in fair value recognized on forward contracts 42 (1,102) 128 293 Net gain recognized 539 1,459 959 3,919 Loan servicing income 852 884 1,722 1,749 Amortization of mortgage servicing rights (484) (580) (974) (1,248) Change in mortgage servicing rights valuation allowance — — — — Net servicing income recognized 368 304 748 501 Total Mortgage Banking income $ 907 $ 1,763 $ 1,707 $ 4,420 Activity for capitalized mortgage servicing rights was as follows: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 8,406 $ 9,502 $ 8,769 $ 9,196 Additions 73 485 200 1,459 Amortized to expense (484) (580) (974) (1,248) Change in valuation allowance — — — — Balance, end of period $ 7,995 $ 9,407 $ 7,995 $ 9,407 Activity in the valuation allowance for capitalized mortgage servicing rights follows: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Beginning valuation allowance $ — $ — $ — $ — Charge during the period — — — — Ending valuation allowance $ — $ — $ — $ — Other information relating to mortgage servicing rights follows: (dollars in thousands) June 30, 2023 December 31, 2022 Fair value of mortgage servicing rights portfolio $ 16,955 $ 17,145 Monthly weighted average prepayment rate of unpaid principal balance* 121 % 127 % Discount rate 10.29 % 10.21 % Weighted average foreclosure rate 0.07 % 0.10 % Weighted average life in years 7.68 7.54 * Rates are applied to individual tranches with similar characteristics. Mortgage Banking derivatives used in the ordinary course of business primarily consist of mandatory forward sales contracts and interest rate lock loan commitments. Mandatory forward contracts represent future commitments to deliver loans at a specified price and date and are used to manage interest rate risk on loan commitments and mortgage loans held for sale. Interest rate lock loan commitments represent commitments to fund loans at a specific rate. These derivatives involve underlying items, such as interest rates, and are designed to transfer risk. Substantially all of these instruments expire within 90 days from the date of issuance. Notional amounts are amounts on which calculations and payments are based, but which do not represent credit exposure, as credit exposure is limited to the amounts required to be received or paid. Mandatory forward contracts also contain an element of risk in that the counterparties may be unable to meet the terms of such agreements. In the event the counterparties fail to deliver commitments or are unable to fulfill their obligations, the Bank could potentially incur significant additional costs by replacing the positions at then current market rates. The Bank manages its risk of exposure by limiting counterparties to those banks and institutions deemed appropriate by management and the Board of Directors. The Bank does not expect any counterparty to default on their obligations and therefore, the Bank does not expect to incur any cost related to counterparty default. The Bank is exposed to interest rate risk on loans held for sale and rate lock loan commitments. As market interest rates fluctuate, the fair value of mortgage loans held for sale and rate lock commitments will decline or increase. To offset this interest rate risk the Bank enters into derivatives, such as mandatory forward contracts to sell loans 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: June 30, 2023 December 31, 2022 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 $ 3,961 $ 4,038 $ 1,265 $ 1,302 Included in other assets: Rate lock loan commitments $ 12,896 $ 189 $ 4,118 $ 2 Mandatory forward contracts — — — — Included in other liabilities: Mandatory forward contracts 10,057 61 4,009 67

INTEREST RATE SWAPS

INTEREST RATE SWAPS	6 Months Ended
INTEREST RATE SWAPS	Jun. 30, 2023
INTEREST RATE SWAPS
INTEREST RATE SWAPS	13. 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, the Bank enters into offsetting positions in order to minimize the Bank’s interest rate risk. These swaps are derivatives, but are not designated as hedging instruments, and therefore changes in fair value are reported in current year earnings. Interest rate swap contracts involve the risk of dealing with counterparties and their ability to meet contractual terms. When the fair value of a derivative instrument contract is positive, this generally indicates that the counterparty or client owes the Bank, and results in credit risk to the Bank. When the fair value of a derivative instrument contract is negative, the Bank owes the client or counterparty, and therefore, has no credit risk. A summary of the Bank’s interest rate swaps related to clients is included in the following table: June 30, 2023 December 31, 2022 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 42,932 $ 1,224 $ 40,032 $ 1,386 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed 100,126 (6,605) 91,636 (6,742) Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 143,058 $ (5,381) $ 131,668 $ (5,356) Offsetting interest rate swaps with institutional swap dealer - Assets Pay fixed/receive variable 100,126 6,605 91,636 6,742 Offsetting interest rate swaps with institutional swap dealer - Liabilities Pay fixed/receive variable 42,932 (1,224) 40,032 (1,386) Offsetting interest rate swaps with institutional swap dealer - Total Pay fixed/receive variable $ 143,058 $ 5,381 $ 131,668 $ 5,356 Total $ 286,116 $ — $ 263,336 $ — The Bank is required to pledge securities as collateral when the Bank is in a net loss position for all swaps with dealer counterparties when such net loss positions exceed $250,000. The fair value of cash or investment securities pledged as collateral by the Bank to cover such net loss positions totaled $4.9 million and $560,000 as of June 30, 2023 and December 31, 2022.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
EARNINGS PER SHARE	Jun. 30, 2023
EARNINGS PER SHARE
EARNINGS PER SHARE	14. EARNINGS PER SHARE The Company calculates earnings per share under the two-class method. Under the two-class method, earnings available to common shareholders for the period are allocated between Class A Common Stock and Class B Common Stock according to dividends declared (or accumulated) and participation rights in undistributed earnings. The difference in earnings per share between the two classes of common stock results from the 10% per share cash dividend premium paid on Class A Common Stock over that paid on Class B Common Stock. A reconciliation of the combined Class A and Class B Common Stock numerators and denominators of the earnings per share and diluted earnings per share computations is presented below: Three Months Ended Six Months Ended June 30, June 30, (in thousands, except per share data) 2023 2022 2023 2022 Net income $ 21,052 $ 24,347 $ 49,144 $ 52,697 Dividends declared on Common Stock: Class A Shares (6,537) (6,047) (13,118) (12,128) Class B Shares (733) (670) (1,467) (1,341) Undistributed net income for basic earnings per share 13,782 17,630 34,559 39,228 Weighted average potential dividends on Class A shares upon exercise of dilutive options (8) (21) (39) (49) Undistributed net income for diluted earnings per share $ 13,774 $ 17,609 $ 34,520 $ 39,179 Weighted average shares outstanding: Class A Shares 17,726 17,946 17,750 17,968 Class B Shares 2,158 2,161 2,159 2,163 Effect of dilutive securities on Class A Shares outstanding 22 62 52 71 Weighted average shares outstanding including dilutive securities 19,906 20,169 19,961 20,202 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.37 $ 0.34 $ 0.75 $ 0.68 Undistributed earnings per share* 0.70 0.89 1.75 1.97 Total basic earnings per share - Class A Common Stock $ 1.07 $ 1.23 $ 2.50 $ 2.65 Class B Common Stock: Per share dividends distributed $ 0.34 $ 0.31 $ 0.68 $ 0.62 Undistributed earnings per share* 0.64 0.81 1.59 1.79 Total basic earnings per share - Class B Common Stock $ 0.98 $ 1.12 $ 2.27 $ 2.41 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.37 $ 0.34 $ 0.75 $ 0.68 Undistributed earnings per share* 0.70 0.88 1.75 1.96 Total diluted earnings per share - Class A Common Stock $ 1.07 $ 1.22 $ 2.50 $ 2.64 Class B Common Stock: Per share dividends distributed $ 0.34 $ 0.31 $ 0.68 $ 0.62 Undistributed earnings per share* 0.64 0.80 1.59 1.78 Total diluted earnings per share - Class B Common Stock $ 0.98 $ 1.11 $ 2.27 $ 2.40 * To arrive at undistributed earnings per share, undistributed net income is first prorated between Class A and Class B Common Shares, with Class A Common Shares receiving a 10% premium. The resulting pro-rated, undistributed net income for each class is then divided by the weighted average shares for each class. Stock options excluded from the detailed earnings per share calculation because their impact was antidilutive are as follows: Three Months Ended Six Months Ended June 30, June 30, 2023 2022 2023 2022 Antidilutive stock options 245,148 187,000 245,898 186,000 Average antidilutive stock options 120,682 184,000 245,565 178,000

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME	6 Months Ended
OTHER COMPREHENSIVE INCOME	Jun. 30, 2023
OTHER COMPREHENSIVE INCOME
OTHER COMPREHENSIVE INCOME	15. OTHER COMPREHENSIVE INCOME OCI components and related tax effects were as follows: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Available-for-Sale Debt Securities: Unrealized gain (loss) on AFS debt securities $ (4,418) $ (10,133) $ 787 $ (31,382) Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings 28 (15) 33 9 Net gains (losses) (4,390) (10,148) 820 (31,373) Income tax benefit (expense) related to items of other comprehensive income 1,096 2,537 (209) 7,845 Net of tax (3,294) (7,611) $ 611 $ (23,528) The following is a summary of the AOCI balances, net of tax: 2023 (in thousands) December 31, 2022 Change June 30, 2023 Unrealized gain (loss) on AFS debt securities $ (32,934) $ 578 $ (32,356) Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings 955 33 988 Total unrealized gain (loss) $ (31,979) $ 611 $ (31,368) 2022 (in thousands) December 31, 2021 Change June 30, 2022 Unrealized gain (loss) on AFS debt securities $ 890 $ (23,535) $ (22,645) Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings 984 7 991 Total unrealized gain (loss) $ 1,874 $ (23,528) $ (21,654)

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	6 Months Ended
REVENUE FROM CONTRACTS WITH CUSTOMERS	Jun. 30, 2023
REVENUE FROM CONTRACTS WITH CUSTOMERS
REVENUE FROM CONTRACTS WITH CUSTOMERS	16. REVENUE FROM CONTRACTS WITH CUSTOMERS The following tables present the Company’s net revenue and net revenue concentration by reportable segment: Three Months Ended June 30, 2023 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) $ 48,682 $ 2,642 $ 61 $ 51,385 $ 4,010 $ 9,134 $ 13,144 $ 64,529 Noninterest income: Service charges on deposit accounts 3,516 11 — 3,527 — — — 3,527 Net refund transfer fees — — — — 4,479 — 4,479 4,479 Mortgage banking income (1) — — 907 907 — — — 907 Interchange fee income 3,375 — — 3,375 44 — 44 3,419 Program fees (1) — — — — 728 3,011 3,739 3,739 Increase in cash surrender value of BOLI (1) 689 — — 689 — — — 689 Death benefits in excess of cash surrender value of life insurance 1,728 — — 1,728 — — — 1,728 Net losses on OREO (52) — — (52) — — — (52) Legal settlement — — — — — — — — Other 1,074 — 27 1,101 74 40 114 1,215 Total noninterest income 10,330 11 934 11,275 5,325 3,051 8,376 19,651 Total net revenue $ 59,012 $ 2,653 $ 995 $ 62,660 $ 9,335 $ 12,185 $ 21,520 $ 84,180 Net-revenue concentration (2) 71 % 3 % 1 % 75 % 11 % 14 % 25 % 100 % Three Months Ended June 30, 2022 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income (1) $ 39,158 $ 3,886 $ 153 $ 43,197 $ 1,638 $ 6,979 $ 8,617 $ 51,814 Noninterest income: Service charges on deposit accounts 3,355 12 — 3,367 (4) — (4) 3,363 Net refund transfer fees — — — — 3,950 — 3,950 3,950 Mortgage banking income (1) — — 1,763 1,763 — — — 1,763 Interchange fee income 3,389 — — 3,389 72 — 72 3,461 Program fees (1) — — — — 736 3,149 3,885 3,885 Increase in cash surrender value of BOLI (1) 623 — — 623 — — — 623 Net losses on OREO (52) — — (52) — — — (52) Legal settlement — — — — 13,000 — 13,000 13,000 Other 419 — 46 465 111 — 111 576 Total noninterest income 7,734 12 1,809 9,555 17,865 3,149 21,014 30,569 Total net revenue $ 46,892 $ 3,898 $ 1,962 $ 52,752 $ 19,503 $ 10,128 $ 29,631 $ 82,383 Net-revenue concentration (2) 57 % 5 % 2 % 64 % 24 % 12 % 36 % 100 % (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. Six Months Ended June 30, 2023 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) $ 98,789 $ 4,729 $ 122 $ 103,640 $ 35,775 $ 17,756 $ 53,531 $ 157,171 Noninterest income: Service charges on deposit accounts 6,804 22 — 6,826 — — — 6,826 Net refund transfer fees — — — — 15,286 — 15,286 15,286 Mortgage banking income (1) — — 1,707 1,707 — — — 1,707 Interchange fee income 6,381 — — 6,381 89 — 89 6,470 Program fees (1) — — — — 1,435 5,545 6,980 6,980 Increase in cash surrender value of BOLI (1) 1,324 — — 1,324 — — — 1,324 Death benefits in excess of cash surrender value of life insurance (1) 1,728 — — 1,728 — — — 1,728 Net losses on OREO (105) — — (105) — — — (105) Other 1,852 — 44 1,896 155 65 220 2,116 Total noninterest income 17,984 22 1,751 19,757 16,965 5,610 22,575 42,332 Total net revenue $ 116,773 $ 4,751 $ 1,873 $ 123,397 $ 52,740 $ 23,366 $ 76,106 $ 199,503 Net-revenue concentration (2) 59 % 2 % 1 % 62 % 26 % 12 % 38 % 100 % Six Months Ended June 30, 2022 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income (1) $ 75,306 $ 8,401 $ 357 $ 84,064 $ 17,042 $ 13,875 $ 30,917 $ 114,981 Noninterest income: Service charges on deposit accounts 6,574 25 — 6,599 (10) — (10) 6,589 Net refund transfer fees — — — — 16,001 — 16,001 16,001 Mortgage banking income (1) — — 4,420 4,420 — — — 4,420 Interchange fee income 6,401 — — 6,401 130 — 130 6,531 Program fees (1) — — — — 1,463 6,276 7,739 7,739 Increase in cash surrender value of BOLI (1) 1,235 — — 1,235 — — — 1,235 Net losses on OREO (105) — — (105) — — — (105) Contract termination fee — — — — 5,000 — 5,000 5,000 Legal settlement — — — — 13,000 — 13,000 13,000 Other 871 — 80 951 217 — 217 1,168 Total noninterest income 14,976 25 4,500 19,501 35,801 6,276 42,077 61,578 Total net revenue $ 90,282 $ 8,426 $ 4,857 $ 103,565 $ 52,843 $ 20,151 $ 72,994 $ 176,559 Net-revenue concentration (2) 51 % 5 % 3 % 59 % 30 % 11 % 41 % 100 % (3) This revenue is not subject to ASC 606. (4) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. The following represents information for significant revenue streams subject to ASC 606: Service charges on deposit accounts Net refund transfer fees RT fees generally receive first priority when applying fees against the taxpayer’s refund, with the Bank’s share of RT fees generally superior to the claims of other third-party service providers, including the Tax Providers. The remainder of the refund is disbursed to the taxpayer by a Bank check, direct deposit to the taxpayer’s personal bank account, or loaded to a prepaid card. The Company executes contracts with individual Tax Providers to offer RTs to their taxpayer customers. RT revenue is recognized by the Bank immediately after the taxpayer’s refund is disbursed in accordance with the RT contract with the taxpayer customer. The fee paid by the taxpayer for the RT is shared between the Bank and the Tax Providers based on contracts executed between the parties. The Company presents RT revenue net of any amounts shared with the Tax Providers. The Bank’s share of RT revenue is generally based on the obligations undertaken by the Tax Provider for each individual RT program, with more obligations generally corresponding to higher RT revenue share. The significant majority of net RT revenue is recognized and obligations under RT contracts fulfilled by the Bank during the first half of each year. Incremental expenses associated with the 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 routinely sells OREO it has acquired through loan foreclosure. Net gains/(losses) on OREO reflect both 1) the gain or loss recognized upon an executed deed and 2) mark-to-market writedowns the Company takes on its OREO inventory. The Company generally recognizes gains or losses on OREO at the time of an executed deed, although gains may be recognized over a financing period if the Company finances the sale. For financed OREO sales, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on sale, the Company adjusts the transaction price and related gain/(loss) on sale if a significant financing component is present. Mark-to-market writedowns taken by the Company during the property’s holding period are generally at least 10% per year but may be higher based on updated real estate appraisals or BPOs. Incremental expenditures to bring OREO to salable condition are generally expensed as incurred. Contract termination fee Legal settlement

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
SEGMENT INFORMATION	Jun. 30, 2023
SEGMENT INFORMATION
SEGMENT INFORMATION	17. SEGMENT INFORMATION Reportable segments are determined by the type of products and services offered and the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business (such as banking centers and business units), which are then aggregated if operating performance, products/services, and clients are similar. As of June 30, 2023, the Company was divided into five reportable segments: Traditional Banking, Warehouse, Mortgage Banking, TRS, and RCS. Management considers the first three segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last two segments collectively constitute RPG operations. The nature of segment operations and the primary drivers of net revenue by reportable segment are provided below: Reportable Segment: Nature of Operations: Primary Drivers of Net Revenue: Core Banking: Traditional Banking Provides traditional banking products to clients in its market footprint primarily via its network of banking centers and to clients outside of its market footprint primarily via its digital delivery channels. Loans, investments, and deposits Warehouse Lending Provides short-term, revolving credit facilities to mortgage bankers across the United States. Mortgage warehouse lines of credit Mortgage Banking Primarily originates, sells, and services long-term, single-family, first-lien residential real estate loans primarily to clients in the Bank's market footprint. Loan sales and servicing Republic Processing Group: Tax Refund Solutions TRS offers tax-related credit products and facilitates the receipt and payment of federal and state tax refunds through Refund Transfer products. The RPS division of TRS offers general-purpose reloadable cards. TRS and RPS products are primarily provided to clients outside of the Bank’s market footprint. Loans, refund transfers, and prepaid cards. Republic Credit Solutions Offers consumer credit products. RCS products are primarily provided to clients outside of the Bank’s market footprint, with a substantial portion of RCS clients considered subprime or near-prime borrowers. Unsecured, consumer loans The accounting policies used for Republic’s reportable segments are generally the same as those described in the summary of significant accounting policies in the Company’s 2022 Annual Report on Form 10-K. Republic evaluates segment performance using operating income. The Company allocates goodwill to the Traditional Banking segment. Republic generally allocates income taxes based on income before income tax expense unless reasonable and specific segment allocations can be made. The Company makes transactions among reportable segments at carrying value. Segment information follows: Three Months Ended June 30, 2023 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 $ 48,682 $ 2,642 $ 61 $ 51,385 $ 4,010 $ 9,134 $ 13,144 $ 64,529 Provision for expected credit loss expense 1,860 202 — 2,062 (219) 4,296 4,077 6,139 Net refund transfer fees — — — — 4,479 — 4,479 4,479 Mortgage banking income — — 907 907 — — — 907 Program fees — — — — 728 3,011 3,739 3,739 Other noninterest income 10,330 11 27 10,368 118 40 158 10,526 Total noninterest income 10,330 11 934 11,275 5,325 3,051 8,376 19,651 Total noninterest expense 42,153 1,008 2,322 45,483 3,143 2,907 6,050 51,533 Income (loss) before income tax expense 14,999 1,443 (1,327) 15,115 6,411 4,982 11,393 26,508 Income tax expense (benefit) 2,941 322 (292) 2,971 1,391 1,094 2,485 5,456 Net income (loss) $ 12,058 $ 1,121 $ (1,035) $ 12,144 $ 5,020 $ 3,888 $ 8,908 $ 21,052 Period-end assets $ 5,271,050 $ 540,106 $ 16,147 $ 5,827,303 $ 415,428 $ 127,048 $ 542,476 $ 6,369,779 Net interest margin 3.77 % 2.28 % NM 3.65 % NM NM NM 4.46 % Net-revenue concentration* 71 % 3 % 1 % 75 % 11 % 14 % 25 % 100 % Three Months Ended June 30, 2022 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income $ 39,158 $ 3,886 $ 153 $ 43,197 $ 1,638 $ 6,979 $ 8,617 $ 51,814 Provision for expected credit loss expense 146 (234) — (88) 360 3,433 3,793 3,705 Net refund transfer fees — — — — 3,950 — 3,950 3,950 Mortgage banking income — — 1,763 1,763 — — — 1,763 Program fees — — — — 736 3,149 3,885 3,885 Legal settlement — — — — 13,000 — 13,000 13,000 Other noninterest income 7,734 12 46 7,792 179 — 179 7,971 Total noninterest income 7,734 12 1,809 9,555 17,865 3,149 21,014 30,569 Total noninterest expense 38,317 1,035 2,832 42,184 3,533 1,939 5,472 47,656 Income before income tax expense 8,429 3,097 (870) 10,656 15,610 4,756 20,366 31,022 Income tax expense 1,652 692 (191) 2,153 3,465 1,057 4,522 6,675 Net income $ 6,777 $ 2,405 $ (679) $ 8,503 $ 12,145 $ 3,699 $ 15,844 $ 24,347 Period-end assets $ 4,997,734 $ 596,031 $ 22,342 $ 5,616,107 $ 382,156 $ 114,213 $ 496,369 $ 6,112,476 Net interest margin 3.06 % 2.69 % NM 3.02 % NM NM NM 3.55 % Net-revenue concentration* 57 % 5 % 2 % 64 % 24 % 12 % 36 % 100 % * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. Six Months Ended June 30, 2023 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 $ 98,789 $ 4,729 $ 122 $ 103,640 $ 35,775 $ 17,756 $ 53,531 $ 157,171 Provision for expected credit loss expense 4,844 337 — 5,181 21,589 6,135 27,724 32,905 Net refund transfer fees — — — — 15,286 — 15,286 15,286 Mortgage banking income — — 1,707 1,707 — — — 1,707 Program fees — — — — 1,435 5,545 6,980 6,980 Other noninterest income 17,984 22 44 18,050 244 65 309 18,359 Total noninterest income 17,984 22 1,751 19,757 16,965 5,610 22,575 42,332 Total noninterest expense 83,005 1,976 4,876 89,857 8,791 5,328 14,119 103,976 Income (loss) before income tax expense 28,924 2,438 (3,003) 28,359 22,360 11,903 34,263 62,622 Income tax expense (benefit) 6,023 545 (661) 5,907 4,932 2,639 7,571 13,478 Net income (loss) $ 22,901 $ 1,893 $ (2,342) $ 22,452 $ 17,428 $ 9,264 $ 26,692 $ 49,144 Period-end assets $ 5,271,050 $ 540,106 $ 16,147 $ 5,827,303 $ 415,428 $ 127,048 $ 542,476 $ 6,369,779 Net interest margin 3.92 % 2.39 % NM 3.81 % NM NM NM 5.48 % Net-revenue concentration* 59 % 2 % 1 % 62 % 26 % 12 % 38 % 100 % Six Months Ended June 30, 2022 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income $ 75,306 $ 8,401 $ 357 $ 84,064 $ 17,042 $ 13,875 $ 30,917 $ 114,981 Provision for expected credit loss expense 466 (635) — (169) 8,272 4,828 13,100 12,931 Net refund transfer fees — — — — 16,001 — 16,001 16,001 Mortgage banking income — — 4,420 4,420 — — — 4,420 Program fees — — — — 1,463 6,276 7,739 7,739 Contract termination fee — — — — 5,000 — 5,000 5,000 Legal settlement — — — — 13,000 — 13,000 13,000 Other noninterest income 14,976 25 80 15,081 337 — 337 15,418 Total noninterest income 14,976 25 4,500 19,501 35,801 6,276 42,077 61,578 Total noninterest expense 76,544 1,987 5,522 84,053 8,678 3,506 12,184 96,237 Income before income tax expense 13,272 7,074 (665) 19,681 35,893 11,817 47,710 67,391 Income tax expense 2,120 1,596 (146) 3,570 8,371 2,753 11,124 14,694 Net income $ 11,152 $ 5,478 $ (519) $ 16,111 $ 27,522 $ 9,064 $ 36,586 $ 52,697 Period-end assets $ 4,997,734 $ 596,031 $ 22,342 $ 5,616,107 $ 382,156 $ 114,213 $ 496,369 $ 6,112,476 Net interest margin 2.98 % 2.89 % NM 2.97 % NM NM NM 3.94 % Net-revenue concentration* 51 % 5 % 3 % 59 % 30 % 11 % 41 % 100 % * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2023
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	Basis of Presentation Republic is a financial holding company headquartered in Louisville, Kentucky. The Bank is a Kentucky-based, state-chartered non-member financial institution that provides both traditional and non-traditional banking products through five reportable segments using a multitude of delivery channels. While the Bank operates primarily in its market footprint, its non-brick-and-mortar delivery channels allow it to reach clients across the U.S. The Captive is a Nevada-based, wholly owned insurance subsidiary of the Company. The Captive provides property and casualty insurance coverage to the Company and the Bank, as well as a group of third-party insurance captives for which insurance may not be available or economically feasible. In May 2023, the Company’s Board of Directors voted to dissolve the Company’s Captive. The dissolution of the Captive is expected to occur during the second half of 2023. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. Operating results for the three and six months ended June 30, 2023 are not necessarily indicative of the results that may be expected for the year ending December 31, 2023. For further information, refer to the consolidated financial statements and footnotes thereto included in Republic’s Form 10-K for the year ended December 31, 2022. As of June 30, 2023, 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 — 29 ● Metropolitan Louisville — 18 ● Central Kentucky — 7 ● Georgetown — 1 ● Lexington — 5 ● Shelbyville — 1 ● Northern Kentucky — 4 ● ● Covington — 1 ● Crestview Hills — 1 ● Florence — 1 ● Indiana — 3 ● Southern Indiana — 3 ● Floyds Knobs — 1 ● Jeffersonville — 1 ● New Albany — 1 ● Florida — 7 ● Metropolitan Tampa — 7 ● Ohio — 4 ● Metropolitan Cincinnati — 4 ● Tennessee — 2 ● Metropolitan Nashville — 2 Republic’s headquarters are in Louisville, which is the largest city in Kentucky based on population. Traditional Banking results of operations are primarily dependent upon net interest income, which represents the difference between the interest income and fees on interest-earning assets and the interest expense on interest-bearing liabilities. Principal interest-earning Traditional Banking assets represent investment securities and commercial and consumer loans primarily secured by real estate and/or personal property. Interest-bearing liabilities primarily consist of interest-bearing deposit accounts, securities sold under agreements to repurchase, as well as short-term and long-term borrowing sources. FHLB advances have traditionally been a significant borrowing source for the Bank. Other sources of Traditional Banking income include service charges on deposit accounts, debit and credit card interchange fee income, title insurance commissions, and increases in the cash surrender value of BOLI. Traditional Banking operating expenses consist primarily of salaries and employee benefits; technology, equipment, and communication; occupancy; interchange related expense; marketing and development; FDIC insurance expense, and various other general and administrative costs. Traditional Banking results of operations are significantly impacted by general economic and competitive conditions, particularly changes in market interest rates, government laws and policies, and actions of regulatory agencies. Warehouse Lending segment — The Core Bank provides short-term, revolving credit facilities to mortgage bankers across the United States through mortgage warehouse lines of credit. These credit facilities are primarily secured by single-family, first-lien residential real estate loans. The credit facility enables the mortgage banking clients to close single-family, first-lien residential real estate loans in their own name and temporarily fund their inventory of these closed loans until the loans are sold to investors approved by the Bank. Individual loans are expected to remain on the warehouse line for an average of 15 to 30 days . Advances for Reverse mortgage loans and construction loans typically remain on the line longer than conventional mortgage loans. Interest income and loan fees are accrued for each individual advance during the time the advance remains on the warehouse line and collected when the loan is sold. The Core Bank receives the sale proceeds of each loan directly from the investor and applies the funds to pay off the warehouse advance and related accrued interest and fees. The remaining proceeds are credited to the mortgage-banking client. Mortgage Banking segment — As part of the sale of loans with servicing retained, the Bank records MSRs. MSRs represent an estimate of the present value of future cash servicing income, net of estimated costs, which the Bank expects to receive on loans sold with servicing retained by the Bank. MSRs are capitalized as separate assets. This transaction is posted to net gain on sale of loans, a component of “Mortgage Banking income” in the income statement. Management considers all relevant factors, in addition to pricing considerations from other servicers, to estimate the fair value of the MSRs to be recorded when the loans are initially sold with servicing retained by the Bank. The carrying value of MSRs is initially amortized in proportion to and over the estimated period of net servicing income and subsequently adjusted quarterly based on the weighted average remaining life of the underlying loans. The MSR amortization is recorded as a reduction to net servicing income, a component of Mortgage Banking income. With the assistance of an independent third-party, the MSRs asset is reviewed at least quarterly for impairment based on the fair value of the MSRs using groupings of the underlying loans based on predominant risk characteristics. Any impairment of a grouping is reported as a valuation allowance. A primary factor influencing the fair value is the estimated life of the underlying loans serviced. The estimated life of the loans serviced is significantly influenced by market interest rates. During a period of declining interest rates, the fair value of the MSRs is expected to decline due to increased anticipated prepayment speeds within the portfolio. Alternatively, during a period of rising interest rates, the fair value of MSRs would be expected to increase as prepayment speeds on the underlying loans would be expected to decline. Republic Processing Group Tax Refund Solutions segment — RTs are fee-based products whereby a tax refund is issued to the taxpayer after the Bank has received the refund from the federal or state government. There is no credit risk or borrowing cost associated with these products because they are only delivered to the taxpayer upon receipt of the tax refund directly from the governmental paying authority. Fees earned by the Company on RTs, net of revenue share, are reported as noninterest income under the line item “Net refund transfer fees.” The RA credit product is a loan made in conjunction with the filing of a taxpayer’s 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 2023 and 2022: ● 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 also a loan that allows a taxpayer to borrow funds as an advance of a portion of their tax refund. Unlike the RA product described immediately above, however, which is originated in conjunction with the filing of the taxpayer’s federal tax return, an ERA is originated prior to the filing of the taxpayer’s federal tax return and prior to the taxpayer receiving their year-end taxable income documentation, e.g., ● 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, including the failure to file a federal tax return through a Republic Tax Provider: o there is no recourse to the taxpayer, o no negative credit reporting on the taxpayer, and o no collection efforts against the taxpayer. The Company reports fees paid for the RAs, including ERAs, as interest income on loans. RAs that were 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 do not have a contractual due date but the Company considered a 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. In 2023, the Company also considered a RA, related to the first quarter 2023 tax season, delinquent if it remained unpaid 35 days after the taxpayer’s tax return was submitted to the applicable taxing authority. For the ERA product originated in December of 2022 and January 2023, the Company considered it 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. 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 30th of that year, with RAs collected during the second half of that year recorded as recoveries of previously charged-off loans, unless they were covered under a loss guaranty arrangement. Any RAs subject to a loss guaranty arrangement that are recovered during the second half of the year are distributed to the guarantor. Related to the overall credit losses on RAs, including 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 approval model is based primarily on the prior-year’s tax refund payment patterns. Because the substantial majority of the RA volume occurs each year before that year’s tax refund payment patterns can be analyzed and subsequent underwriting changes made, credit losses during a current year could be higher than management’s predictions if tax refund payment patterns change materially between years. In response to changes in the legal, regulatory, and competitive environment, management annually reviews and revises the RA, including the ERA, product parameters. Further changes in the RA product parameters do not ensure positive results and could have an overall material negative impact on the performance of all RA product offerings and therefore on the Company’s financial condition and results of operations. Cancelled Sale Transaction Settlement of Lawsuit Against Green Dot - In accordance with the Settlement Agreement, on June 6, 2022, Green Dot paid $13.0 million to the Bank, which was in addition to a $5.0 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 Payment Solutions division RPS is currently managed and operated within the TRS segment. The RPS division offers general-purpose reloadable prepaid cards, payroll debit cards, and limited-purpose demand deposit accounts with linked debit cards as an issuing bank through third-party service providers. Until the operating results of the RPS division are material to the Company’s overall results of operations, they will be reported as part of the TRS segment. The Company does not expect to report the RPS division as a separate reportable segment until such time, if any, that it meets quantitative reporting thresholds . The Company reports fees related to RPS programs under Program fees. Additionally, the Company’s portion of interchange revenue generated by prepaid card transactions is reported as noninterest income under “Interchange fee income.” Republic Credit Solutions segment — ● RCS line-of-credit products – Using separate third-party service providers, the Bank originates two line-of-credit products to generally subprime borrowers in multiple states. o RCS’s LOC I represented the substantial majority of RCS activity during 2022 and 2023. 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, up to a maximum amount of $3,500 . Furthermore, 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 participations sold represent a 90% interest in advances made to borrowers under the borrower’s line-of-credit account, and the participation interests are generally sold three business days following the Bank’s funding of the associated advances. Although the Bank retains a 10% participation interest in each advance, it maintains 100% ownership of the underlying LOC I account with each borrower. Loan balances held for sale through this program are carried at the lower of cost or fair value. o One of RCS’s 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, up to a maximum advance amount of $10,000 . 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 participations sold represent a 95% interest in advances made to borrowers under the borrower’s line-of-credit account, and the participation interests are generally sold three business days following the Bank’s funding of the associated advances. Although the Bank retains a 5% participation interest in each advance, it maintains 100% ownership of the underlying LOC II account with each borrower. Loan balances held for sale through this program are carried at the lower of cost or fair value. ● RCS installment loan product – 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 generally within one month of origination. Loan balances held for sale through this program are carried at the lower of cost or fair value. The Company reports interest income and loan origination fees earned on RCS loans under “Loans, including fees,” while any gains or losses on sale and mark-to-market adjustments of RCS loans are reported as noninterest income under “Program fees.”
Recently Accounting Standards Adoption and Updates	Recently Adopted Accounting Standards The following ASUs were adopted by the Company during the six months ended June 30, 2023: Method of Financial ASU. No. Topic Nature of Update Date Adopted Adoption Statement 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 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. Accounting Standards Update The following not-yet-effective ASUs are considered relevant to the Company’s financial statements. Date Adoption Adoption Expected ASU. No. Topic Nature of Update Required Method Financial Impact 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 2023-03 Presentation of Financial Statements (Topic 205), Income Statement—Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation—Stock Compensation (Topic 718): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 120, SEC Staff Announcement at the March 24, 2022 EITF Meeting, and Staff Accounting Bulletin Topic 6.B, Accounting Series Release 280—General Revision of Regulation S-X: Income or Loss Applicable to Common Stock (SEC Update) This ASU amends the FASB Accounting Standards Codification™ for SEC paragraphs pursuant to SEC Staff Accounting Bulletin No. 120, SEC Staff Announcement at the March 24, 2022 EITF Meeting, and Staff Accounting Bulletin Topic 6.B, Accounting Series Release 280—General Revision of Regulation S-X: Income or Loss Applicable to Common Stock. Upon addition to the FASB Codification. Prospectively The Company is currently analyzing the impact of this ASU on its financial statements. 2023-02 Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force) This ASU allows reporting entities to elect to account for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. January 1, 2024 Prospectively The Company is currently analyzing the impact of this ASU on its financial statements. 2023-01 Leases (Topic 842): Common Control Arrangements This ASU requires entities to determine whether a related party arrangement between entities under common control is a lease. If the arrangement is determined to be a lease, an entity must classify and account for the lease on the same basis as an arrangement with a related party (on the basis of legally enforceable terms and conditions). January 1, 2024 Prospectively The Company is currently analyzing the impact of this ASU on its financial statements.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Jun. 30, 2023
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedules of Accounting Standards Updates	The following ASUs were adopted by the Company during the six months ended June 30, 2023: Method of Financial ASU. No. Topic Nature of Update Date Adopted Adoption Statement 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 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. Date Adoption Adoption Expected ASU. No. Topic Nature of Update Required Method Financial Impact 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 2023-03 Presentation of Financial Statements (Topic 205), Income Statement—Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation—Stock Compensation (Topic 718): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 120, SEC Staff Announcement at the March 24, 2022 EITF Meeting, and Staff Accounting Bulletin Topic 6.B, Accounting Series Release 280—General Revision of Regulation S-X: Income or Loss Applicable to Common Stock (SEC Update) This ASU amends the FASB Accounting Standards Codification™ for SEC paragraphs pursuant to SEC Staff Accounting Bulletin No. 120, SEC Staff Announcement at the March 24, 2022 EITF Meeting, and Staff Accounting Bulletin Topic 6.B, Accounting Series Release 280—General Revision of Regulation S-X: Income or Loss Applicable to Common Stock. Upon addition to the FASB Codification. Prospectively The Company is currently analyzing the impact of this ASU on its financial statements. 2023-02 Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force) This ASU allows reporting entities to elect to account for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. January 1, 2024 Prospectively The Company is currently analyzing the impact of this ASU on its financial statements. 2023-01 Leases (Topic 842): Common Control Arrangements This ASU requires entities to determine whether a related party arrangement between entities under common control is a lease. If the arrangement is determined to be a lease, an entity must classify and account for the lease on the same basis as an arrangement with a related party (on the basis of legally enforceable terms and conditions). January 1, 2024 Prospectively The Company is currently analyzing the impact of this ASU on its financial statements.

ACQUISITION OF CBANK (Tables)

ACQUISITION OF CBANK (Tables)	6 Months Ended
ACQUISITION OF CBANK (Tables)	Jun. 30, 2023
ACQUISITION OF CBANK
Summary of Assets Acquired and Liabilities Assumed	March 15, 2023 As Previously Reported As Recasted As Recorded Fair Value Recast As Recorded (in thousands) by CBank Adjustments (1) Adjustments (1) by Republic Assets acquired: Cash and cash equivalents $ 10,030 $ — $ — $ 10,030 Investment securities 16,463 (4) a (65) a 16,394 Loans 221,707 (4,219) b (150) b 217,338 Allowance for loan and lease losses (2,953) 1,353 c 1,391 c, j (209) Loans, net 218,754 (2,866) 1,241 217,129 Goodwill 954 (954) d — — Core deposit intangible — 2,844 e — 2,844 Premises and equipment, net 162 35 f (24) f 173 Other assets and accrued interest receivable 7,067 (320) g — 6,747 Total assets acquired $ 253,430 $ (1,265) $ 1,152 $ 253,317 Liabilities assumed: Deposits: Noninterest-bearing $ 42,160 $ — $ — $ 42,160 Interest-bearing 179,487 31 h — 179,518 Total deposits 221,647 31 — 221,678 Other liabilities and accrued interest payable 4,709 96 i 50 i 4,855 Total liabilities assumed 226,356 127 50 226,533 Net assets acquired $ 27,074 $ (1,392) $ 1,102 26,784 Cash consideration paid (51,000) Goodwill $ 24,216 (1) The Company’s acquisition of CBank closed on March 15, 2023. The fair value adjustments reported are preliminary estimates based on information obtained subsequent to March 15, 2023 and through June 30, 2023. Management is continuing to evaluate each of its estimates and may provide additional recast adjustments in future periods based on this continuing evaluation. To the extent that additional recast adjustments are posted in future periods, the resultant fair values and the amount of goodwill recorded by the Company will change. Explanation of fair value and recast adjustments: a. Adjustment reflects the fair value adjustment based on the Company’s evaluation of the investment securities. b. Adjustments to loans to reflect estimated fair value adjustments based on the Company’s evaluation of the acquired loan portfolio. c. Adjustments to the Allowance reflect the fair value adjustment to eliminate the acquiree’s recorded allowance for loan losses and other fair value adjustments based on the Company’s evaluation of the acquired loan portfolio. d. Adjustment reflects the fair value adjustment to eliminate the recorded goodwill. e. Adjustment reflects the fair value adjustment for the core deposit intangible asset recorded as a result of the acquisition. f. Adjustment reflects the fair value adjustment based on the Company’s evaluation of the premises and equipment, net. g. Adjustment reflects the fair value adjustment based on the Company’s evaluation of the other assets and accrued interest receivable. h. Adjustment reflects the fair value adjustment based on the Company’s evaluation of the assumed time deposits. i. Adjustment reflects the fair value adjustment based on the Company’s evaluation of the other liabilities and accrued interest payable. j. Adjustment reflects a change in estimated fair value based upon further evaluation of PCD loans, including cash payments received subsequent to the date of acquisition.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
INVESTMENT SECURITIES (Tables)	Jun. 30, 2023
INVESTMENT SECURITIES
Schedule of gross amortized cost and fair value of available-for-sale debt securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income	Gross Gross Allowance Amortized Unrealized Unrealized for Fair June 30, 2023 (in thousands) Cost Gains Losses Credit Losses Value U.S. Treasury securities and U.S. Government agencies $ 431,450 $ — $ (24,093) $ — $ 407,357 Private label mortgage-backed security 671 1,317 — — 1,988 Mortgage-backed securities - residential 183,843 13 (17,569) — 166,287 Collateralized mortgage obligations 24,222 30 (1,505) — 22,747 Corporate bonds 2,012 13 — — 2,025 Trust preferred security 3,770 — (24) — 3,746 Total available-for-sale debt securities $ 645,968 $ 1,373 $ (43,191) $ — $ 604,150 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
Schedule of carrying value, gross unrecognized gains and losses, and fair value of held-to-maturity debt securities	Gross Gross Allowance Amortized Unrecognized Unrecognized Fair for June 30, 2023 (in thousands) Cost Gains Losses Value Credit Losses U.S. Treasury securities and U.S. Government agencies $ 90,000 $ — $ (725) $ 89,275 $ — Mortgage-backed securities - residential 26 — (1) 25 — Collateralized mortgage obligations 6,845 50 (134) 6,761 — Corporate bonds 4,980 25 — 5,005 (10) Obligations of state and political subdivisions 125 — (1) 124 — Total held-to-maturity debt securities $ 101,976 $ 75 $ (861) $ 101,190 $ (10) 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)
Schedule of amortized cost and fair value of debt securities by contractual maturity	Available-for-Sale Held-to-Maturity Debt Securities Debt Securities Amortized Fair Amortized Fair June 30, 2023 (in thousands) Cost Value Cost Value Due in one year or less $ 139,768 $ 136,180 $ 125 $ 125 Due from one year to five years 293,694 273,202 94,980 94,279 Due from five years to ten years — — — — Due beyond ten years 3,770 3,746 — — Private label mortgage-backed security 671 1,988 — — Mortgage-backed securities - residential 183,843 166,287 26 25 Collateralized mortgage obligations 24,222 22,747 6,845 6,761 Total debt securities $ 645,968 $ 604,150 $ 101,976 $ 101,190
Schedule of debt securities with unrealized losses	Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized June 30, 2023 (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 $ 218,670 $ (7,852) $ 188,687 $ (16,241) $ 407,357 $ (24,093) Mortgage-backed securities - residential 63,616 (6,546) 101,546 (11,023) 165,162 (17,569) Collateralized mortgage obligations 8,551 (525) 12,550 (980) 21,101 (1,505) Trust preferred security 3,746 (24) — — 3,746 (24) Total available-for-sale debt securities $ 294,583 $ (14,947) $ 302,783 $ (28,244) $ 597,366 $ (43,191) 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)
Schedule of allowance for credit losses on investment	ACLS Roll-forward Three Months Ended June 30, 2023 2022 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ 3 $ (3) $ — $ — $ — $ — $ 30 $ — $ — $ 30 Held-to-Maturity Securities: Corporate Bonds 10 — — — 10 40 10 — — 50 Total $ 13 $ (3) $ — $ — $ 10 $ 40 $ 40 $ — $ — $ 80 ACLS Roll-forward Six Months Ended June 30, 2023 2022 Beginning Charge- Ending Beginning Charge- Ending (in thousands) Balance Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Available-for-Sale Securities: Corporate Bonds $ — $ — $ — $ — $ — $ — $ 30 $ — $ — $ 30 Held-to-Maturity Securities: Corporate Bonds 10 — — — 10 47 3 — — 50 Total $ 10 $ — $ — $ — $ 10 $ 47 $ 33 $ — $ — $ 80
Schedule of pledged investment securities	(in thousands) June 30, 2023 December 31, 2022 Amortized cost $ 97,400 $ 236,047 Fair value 92,450 217,562 Carrying amount 92,450 217,562
Schedule of carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values	Gross Gross Amortized Unrealized Unrealized Fair June 30, 2023 (in thousands) Cost Gains Losses Value Freddie Mac preferred stock $ — $ 122 $ — $ 122 Total equity securities with readily determinable fair values $ — $ 122 $ — $ 122 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
Schedule of equity securities with readily determinable fair values, the gross realized and unrealized gains and losses recognized in the Company's consolidated statements of income	Gains (Losses) Recognized on Equity Securities Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ 15 $ 15 $ — $ 25 $ 25 Community Reinvestment Act mutual fund — — — (97) — (97) Total equity securities with readily determinable fair value $ — $ 15 $ 15 $ (97) $ 25 $ (72) Gains (Losses) Recognized on Equity Securities Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 (in thousands) Realized Unrealized Total Realized Unrealized Total Freddie Mac preferred stock $ — $ 10 $ 10 $ — $ 19 $ 19 Community Reinvestment Act mutual fund — — — (209) — (209) Total equity securities with readily determinable fair value $ — $ 10 $ 10 $ (209) $ 19 $ (190)

LOANS HELD FOR SALE (Tables)

LOANS HELD FOR SALE (Tables)	6 Months Ended
LOANS HELD FOR SALE (Tables)	Jun. 30, 2023
LOANS HELD FOR SALE
Schedule of activity of consumer loans held for sale and carried at fair value	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 4,688 $ 11,709 $ 4,706 $ 19,747 Origination of consumer loans held for sale 30,147 98,704 52,944 195,436 Proceeds from the sale of consumer loans held for sale (29,889) (94,435) (53,449) (201,083) Net gain on sale of consumer loans held for sale 811 1,481 1,556 3,359 Balance, end of period $ 5,757 $ 17,459 $ 5,757 $ 17,459
Schedule of activity of consumer loans held for sale and carried at lower of cost or fair value	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 12,744 $ 3,026 $ 13,169 $ 2,937 Origination of consumer loans held for sale 232,257 184,078 416,682 332,560 Proceeds from the sale of consumer loans held for sale (231,412) (174,994) (418,051) (324,626) Net gain on sale of consumer loans held for sale 2,198 1,667 3,987 2,906 Balance, end of period $ 15,787 $ 13,777 $ 15,787 $ 13,777

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	6 Months Ended
LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	Jun. 30, 2023
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Schedule of composition of loan portfolio	(in thousands) June 30, 2023 December 31, 2022 Traditional Banking: Residential real estate: Owner occupied $ 1,086,751 $ 911,427 Nonowner occupied 350,390 321,358 Commercial real estate 1,727,092 1,599,510 Construction & land development 179,479 153,875 Commercial & industrial 478,759 413,387 Lease financing receivables 79,804 10,505 Aircraft 208,512 179,785 Home equity 255,755 241,739 Consumer: Credit cards 17,134 15,473 Overdrafts 706 726 Automobile loans 4,177 6,731 Other consumer 6,109 626 Total Traditional Banking 4,394,668 3,855,142 Warehouse lines of credit* 539,560 403,560 Total Core Banking 4,934,228 4,258,702 Republic Processing Group: Tax Refund Solutions: Refund Advances — 97,505 Other TRS commercial & industrial loans 193 51,767 Republic Credit Solutions 118,721 107,828 Total Republic Processing Group 118,914 257,100 Total loans* 5,053,142 4,515,802 Allowance for credit losses (72,202) (70,413) Total loans, net $ 4,980,940 $ 4,445,389 Identifies loans to borrowers located primarily outside of the Bank’s market footprint. * Total loans are presented inclusive of premiums, discounts, and net loan origination fees and costs. See table directly below for expanded detail.
Schedule that reconciles the contractually receivable and carrying amounts of loans	(in thousands) June 30, 2023 December 31, 2022 Contractually receivable $ 5,059,937 $ 4,519,136 Unearned income (1,303) (835) Unamortized premiums 1,313 99 Unaccreted discounts (3,721) (479) PPP net unamortized deferred origination (fees) and costs (67) (91) Other net unamortized deferred origination (fees) and costs (3,017) (2,028) Carrying value of loans $ 5,053,142 $ 4,515,802
Schedule of the risk category of loans by class of loans based on the bank's internal analysis performed	Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year Amortized Converted As of June 30, 2023 2023 2022 2021 2020 Prior Cost Basis to Term Total Residential real estate owner occupied: Risk Rating Pass or not rated $ 228,708 $ 212,810 $ 185,875 $ 179,237 $ 257,247 $ — $ 1,025 $ 1,064,902 Special Mention — — — — 6,710 — — 6,710 Substandard — 1,729 1,460 1,161 10,789 — — 15,139 Doubtful — — — — — — — — Total $ 228,708 $ 214,539 $ 187,335 $ 180,398 $ 274,746 $ — $ 1,025 $ 1,086,751 YTD Gross Charge-offs $ — $ 8 $ 7 $ — $ — $ — $ — $ 15 Residential real estate nonowner occupied: Risk Rating Pass or not rated $ 50,814 $ 72,662 $ 84,995 $ 50,396 $ 83,144 $ — $ 8,277 $ 350,288 Special Mention — — — — 29 — — 29 Substandard — — — — 73 — — 73 Doubtful — — — — — — — — Total $ 50,814 $ 72,662 $ 84,995 $ 50,396 $ 83,246 $ — $ 8,277 $ 350,390 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial real estate: Risk Rating Pass or not rated $ 129,293 $ 466,364 $ 385,492 $ 202,957 $ 368,264 $ 22,465 $ 112,808 $ 1,687,643 Special Mention 579 1,758 4,696 — 30,629 831 — 38,493 Substandard — — — — 956 — — 956 Doubtful — — — — — — — — Total $ 129,872 $ 468,122 $ 390,188 $ 202,957 $ 399,849 $ 23,296 $ 112,808 $ 1,727,092 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Construction and land development: Risk Rating Pass or not rated $ 38,394 $ 114,290 $ 25,561 $ 531 $ 429 $ 274 $ — $ 179,479 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 38,394 $ 114,290 $ 25,561 $ 531 $ 429 $ 274 $ — $ 179,479 YTD Gross Charge-offs — — — — — — — — Commercial and industrial: Risk Rating Pass or not rated $ 70,111 $ 104,044 $ 83,637 $ 17,742 $ 69,772 $ 114,103 $ 3,563 $ 462,972 Special Mention — 480 12,467 665 1,920 255 — 15,787 Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 70,111 $ 104,524 $ 96,104 $ 18,407 $ 71,692 $ 114,358 $ 3,563 $ 478,759 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Lease financing receivables: Risk Rating Pass or not rated $ 26,163 $ 28,658 $ 13,197 $ 6,296 $ 5,195 $ — $ — $ 79,509 Special Mention — — — — 162 — — 162 Substandard — — — — 133 — — 133 Doubtful — — — — — — — — Total $ 26,163 $ 28,658 $ 13,197 $ 6,296 $ 5,490 $ — $ — $ 79,804 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Aircraft: Risk Rating Pass or not rated $ 43,840 $ 60,247 $ 49,496 $ 32,309 $ 22,620 $ — $ — $ 208,512 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 43,840 $ 60,247 $ 49,496 $ 32,309 $ 22,620 $ — $ — $ 208,512 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Home equity: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 254,090 $ — $ 254,090 Special Mention — — — — — 106 — 106 Substandard — — — — — 1,559 — 1,559 Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 255,755 $ — $ 255,755 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Revolving Loans Revolving Loans (in thousands) Term Loans Amortized Cost Basis by Origination Year (Continued) Amortized Converted As of June 30, 2023 2023 2022 2021 2020 Prior Cost Basis to Term Total Consumer: Risk Rating Pass or not rated $ 1,278 $ 1,474 $ 690 $ 107 $ 5,104 $ 19,444 $ — $ 28,097 Special Mention — — — — — — — — Substandard — — 7 — 22 — — 29 Doubtful — — — — — — — — Total $ 1,278 $ 1,474 $ 697 $ 107 $ 5,126 $ 19,444 $ — $ 28,126 YTD Gross Charge-offs $ — $ 11 $ 8 $ — $ 5 $ 531 $ — $ 555 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 539,560 $ — $ 539,560 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 539,560 $ — $ 539,560 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — TRS: Risk Rating Pass or not rated $ 193 $ — $ — $ — $ — $ — $ — $ 193 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 193 $ — $ — $ — $ — $ — $ — $ 193 YTD Gross Charge-offs $ 126 $ — $ — $ — $ — $ 25,824 $ — $ 25,950 RCS: Risk Rating Pass or not rated $ 30,079 $ 13,643 $ 1,304 $ 919 $ 22,113 $ 49,929 $ — $ 117,987 Special Mention — — — — — — — — Substandard — — — — — 734 — 734 Doubtful — — — — — — — — Total $ 30,079 $ 13,643 $ 1,304 $ 919 $ 22,113 $ 50,663 $ — $ 118,721 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ 6,118 $ — $ 6,118 Grand Total: Risk Rating Pass or not rated $ 618,873 $ 1,074,192 $ 830,247 $ 490,494 $ 833,888 $ 999,865 $ 125,673 $ 4,973,232 Special Mention 579 2,238 17,163 665 39,450 1,192 — 61,287 Substandard — 1,729 1,467 1,161 11,973 2,293 — 18,623 Doubtful — — — — — — — — Grand Total $ 619,452 $ 1,078,159 $ 848,877 $ 492,320 $ 885,311 $ 1,003,350 $ 125,673 $ 5,053,142 YTD Gross Charge-offs $ 126 $ 19 $ 15 $ — $ 5 $ 32,473 $ — $ 32,638 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 YTD Gross Charge-offs $ 21 $ — $ — $ — $ — $ — $ i $ 21 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 YTD Gross Charge-offs $ — $ 9 $ — $ — $ — $ — $ — $ 9 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 Commercial and industrial: Risk Rating Pass or not rated $ 116,483 $ 82,431 $ 17,944 $ 36,254 $ 36,367 $ 103,257 $ 4,865 $ 397,601 Special Mention 536 13,239 — — 1,756 255 — 15,786 Substandard — — — — — — — — Doubtful — — — — — — — — Total $ 117,019 $ 95,670 $ 17,944 $ 36,254 $ 38,123 $ 103,512 $ 4,865 $ 413,387 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — 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 YTD Gross Charge-offs $ — $ 5 $ — $ 11 $ — $ 1,274 $ — $ 1,290 Warehouse: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 403,560 $ — $ 403,560 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 403,560 $ — $ 403,560 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — TRS: Risk Rating Pass or not rated $ — $ — $ — $ — $ — $ 149,272 $ — $ 149,272 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total $ — $ — $ — $ — $ — $ 149,272 $ — $ 149,272 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ 11,659 $ — $ 11,659 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 YTD Gross Charge-offs $ — $ — $ — $ — $ — $ 11,390 $ — $ 11,390 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 YTD Gross Charge-offs $ 21 $ 14 $ — $ 11 $ — $ 24,323 $ — $ 24,369
Schedule of activity in the ACLL for loan and lease losses	ACLL Roll-forward Three Months Ended June 30, 2023 2022 Beginning CBank Charge- Ending Beginning Charge- Ending (in thousands) Balance Adjustment* Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Traditional Banking: Residential real estate: Owner occupied $ 8,798 $ — $ 1,100 $ (9) $ 10 $ 9,899 $ 8,358 $ 62 $ — $ 25 $ 8,445 Nonowner occupied 2,895 — 190 — 1 3,086 2,746 (14) — 1 2,733 Commercial real estate 24,827 — 250 — 12 25,089 24,624 (284) — 1 24,341 Construction & land development 4,452 — 359 — — 4,811 3,893 (302) — — 3,591 Commercial & industrial 5,676 (1,008) (365) — 19 4,322 3,412 348 — 8 3,768 Lease financing receivables 1,350 (376) (149) — — 825 109 10 — — 119 Aircraft 461 — 60 — — 521 378 22 — — 400 Home equity 4,660 — 110 — — 4,770 4,044 (40) — 109 4,113 Consumer: Credit cards 1,080 — 43 (33) 13 1,103 944 59 (31) 22 994 Overdrafts 595 — 257 (186) 40 706 716 315 (194) 64 901 Automobile loans 66 — (16) — 3 53 151 (32) — 3 122 Other consumer 356 — 21 (11) 16 382 241 (38) (20) 17 200 Total Traditional Banking 55,216 (1,384) 1,860 (239) 114 55,567 49,616 106 (245) 250 49,727 Warehouse lines of credit 1,144 — 202 — — 1,346 1,725 (234) — — 1,491 Total Core Banking 56,360 (1,384) 2,062 (239) 114 56,913 51,341 (128) (245) 250 51,218 Republic Processing Group: Tax Refund Solutions: Refund Advances 25,797 — (161) (25,824) 188 — 8,315 564 (11,505) 2,626 — Other TRS commercial & industrial loans 184 — (58) (126) — — 55 (204) (153) 302 — Republic Credit Solutions 13,780 — 4,296 (3,018) 231 15,289 11,945 3,433 (2,411) 264 13,231 Total Republic Processing Group 39,761 — 4,077 (28,968) 419 15,289 20,315 3,793 (14,069) 3,192 13,231 Total $ 96,121 $ (1,384) $ 6,139 $ (29,207) $ 533 $ 72,202 $ 71,656 $ 3,665 $ (14,314) $ 3,442 $ 64,449 ACLL Roll-forward Six Months Ended June 30, 2023 2022 Beginning CBank Charge- Ending Beginning Charge- Ending (in thousands) Balance Adjustment* Provision offs Recoveries Balance Balance Provision offs Recoveries Balance Traditional Banking: Residential real estate: Owner occupied $ 8,909 $ — $ 980 $ (15) $ 25 $ 9,899 $ 8,647 $ (269) $ — $ 67 $ 8,445 Nonowner occupied 2,831 — 254 — 1 3,086 2,700 31 — 2 2,733 Commercial real estate 23,739 — 1,291 — 59 25,089 23,769 570 — 2 24,341 Construction & land development 4,123 — 688 — — 4,811 4,128 (537) — — 3,591 Commercial & industrial 3,976 — 237 — 109 4,322 3,487 264 — 17 3,768 Lease financing receivables 110 216 499 — — 825 91 28 — — 119 Aircraft 449 — 72 — — 521 357 43 — — 400 Home equity 4,628 — 141 — 1 4,770 4,111 (110) — 112 4,113 Consumer: Credit cards 996 — 155 (73) 25 1,103 934 91 (70) 39 994 Overdrafts 726 — 309 (433) 104 706 683 503 (408) 123 901 Automobile loans 87 — (32) (7) 5 53 186 (68) — 4 122 Other consumer 135 — 250 (42) 39 382 314 (113) (30) 29 200 Total Traditional Banking 50,709 216 4,844 (570) 368 55,567 49,407 433 (508) 395 49,727 Warehouse lines of credit 1,009 — 337 — — 1,346 2,126 (635) — — 1,491 Total Core Banking 51,718 216 5,181 (570) 368 56,913 51,533 (202) (508) 395 51,218 Republic Processing Group: Tax Refund Solutions: Refund Advances 3,797 — 21,554 (25,824) 473 — — 8,879 (11,505) 2,626 — Other TRS commercial & industrial loans 91 — 35 (126) — — 96 (607) (153) 664 — Republic Credit Solutions 14,807 — 6,135 (6,118) 465 15,289 12,948 4,828 (5,084) 539 13,231 Total Republic Processing Group 18,695 — 27,724 (32,068) 938 15,289 13,044 13,100 (16,742) 3,829 13,231 Total $ 70,413 $ 216 $ 32,905 $ (32,638) $ 1,306 $ 72,202 $ 64,577 $ 12,898 $ (17,250) $ 4,224 $ 64,449
Schedule of non-performing loans and non-performing assets and select credit quality ratios	(dollars in thousands) June 30, 2023 December 31, 2022 Loans on nonaccrual status* $ 16,957 $ 15,562 Loans past due 90-days-or-more and still on accrual** 547 756 Total nonperforming loans 17,504 16,318 Other real estate owned 1,478 1,581 Total nonperforming assets $ 18,982 $ 17,899 Credit Quality Ratios - Total Company: Nonperforming loans to total loans 0.35 % 0.36 % Nonperforming assets to total loans (including OREO) 0.38 0.40 Nonperforming assets to total assets 0.30 0.31 Credit Quality Ratios - Core Bank: Nonperforming loans to total loans 0.34 % 0.37 % Nonperforming assets to total loans (including OREO) 0.37 0.40 Nonperforming assets to total assets 0.32 0.32 * Loans on nonaccrual status include collateral-dependent loans. ** Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans.
Schedule of recorded investment in non-accrual loans	Past Due 90-Days-or-More Nonaccrual and Still Accruing Interest* (in thousands) June 30, 2023 December 31, 2022 June 30, 2023 December 31, 2022 Traditional Banking: Residential real estate: Owner occupied $ 14,432 $ 13,388 $ — $ — Nonowner occupied 72 117 — — Commercial real estate 927 1,001 — — Construction & land development — — — — Commercial & industrial — — — — Lease financing receivables — — — — Aircraft — — — Home equity 1,498 815 — — Consumer: Credit cards — — — — Overdrafts — — — — Automobile loans 27 31 — — Other consumer 1 210 — — Total Traditional Banking 16,957 15,562 — — Warehouse lines of credit — — — — Total Core Banking 16,957 15,562 — — Republic Processing Group: Tax Refund Solutions: Refund Advances — — — — Other TRS commercial & industrial loans — — — — Republic Credit Solutions — — 547 756 Total Republic Processing Group — — 547 756 Total $ 16,957 $ 15,562 $ 547 $ 756 * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. Three Months Ended Six Months Ended As of June 30, 2023 June 30, 2023 June 30, 2023 Nonaccrual Nonaccrual Total Interest Income Interest Income Loans with Loans without Nonaccrual Recognized Recognized (in thousands) ACLL ACLL Loans on Nonaccrual Loans* on Nonaccrual Loans* Residential real estate: Owner occupied $ 256 $ 14,176 $ 14,432 $ 232 $ 438 Nonowner occupied 23 49 72 1 1 Commercial real estate 927 — 927 87 110 Construction & land development — — — — — Commercial & industrial — — — — — Lease financing receivables — — — — — Aircraft — — — — — Home equity — 1,498 1,498 28 64 Consumer 1 27 28 3 6 Total $ 1,207 $ 15,750 $ 16,957 $ 351 $ 619 * Includes interest income for loans on nonaccrual as of the beginning of the period that were paid off during the period. Three Months Ended Six Months Ended As of December 31, 2022 June 30, 2022 June 30, 2022 Nonaccrual Nonaccrual Total Interest Income Interest Income Loans with Loans without Nonaccrual Recognized Recognized (in thousands) ACLL ACLL Loans on Nonaccrual Loans* on Nonaccrual Loans* Residential real estate: Owner occupied $ 2,252 $ 11,136 $ 13,388 $ 154 $ 257 Nonowner occupied 56 61 117 1 1 Commercial real estate 1,001 — 1,001 14 644 Construction & land development — — — — — Commercial & industrial — — — — — Lease financing receivables — — — — — Aircraft — — — — — Home equity — 815 815 84 146 Consumer 15 226 241 48 52 Total $ 3,324 $ 12,238 $ 15,562 $ 301 $ 1,100 * Includes interest income for loans on nonaccrual as of the beginning of the period that were paid off during the period.
Schedule of aging of the recorded investment in loans by class of loans	30 - 59 60 - 89 90 or More June 30, 2023 Days Days Days Total Total (dollars in thousands) Delinquent Delinquent Delinquent* Delinquent Current Total Traditional Banking: Residential real estate: Owner occupied $ 3,453 $ 841 $ 873 $ 5,167 $ 1,081,584 $ 1,086,751 Nonowner occupied — — — — 350,390 350,390 Commercial real estate — — — — 1,727,092 1,727,092 Construction & land development — — — — 179,479 179,479 Commercial & industrial — — — — 478,759 478,759 Lease financing receivables — — — — 79,804 79,804 Aircraft — — — — 208,512 208,512 Home equity 343 106 23 472 255,283 255,755 Consumer: Credit cards 24 9 — 33 17,101 17,134 Overdrafts 139 — 2 141 565 706 Automobile loans — 7 3 10 4,167 4,177 Other consumer 44 8 — 52 6,057 6,109 Total Traditional Banking 4,003 971 901 5,875 4,388,793 4,394,668 Warehouse lines of credit — — — — 539,560 539,560 Total Core Banking 4,003 971 901 5,875 4,928,353 4,934,228 Republic Processing Group: Tax Refund Solutions: Refund Advances — — — — — — Other TRS commercial & industrial loans — — — — 193 193 Republic Credit Solutions 7,058 2,438 547 10,043 108,678 118,721 Total Republic Processing Group 7,058 2,438 547 10,043 108,871 118,914 Total $ 11,061 $ 3,409 $ 1,448 $ 15,918 $ 5,037,224 $ 5,053,142 Delinquency ratio* 0.22 % 0.07 % 0.03 % 0.32 % * 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, 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 — — 177 413,210 413,387 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 smaller balance consumer loans, were on nonaccrual status. Delinquent status may be determined by either the number of days past due or number of payments past due. * Represents total loans 30-days-or-more past due by aging category divided by total loans.
Schedule of amortized cost basis of collateral-dependent loans	June 30, 2023 December 31, 2022 Secured Secured Secured Secured by Real by Personal by Real by Personal (in thousands) Estate Property Estate Property Traditional Banking: Residential real estate: Owner occupied $ 17,178 $ — $ 18,057 $ — Nonowner occupied 72 — 150 — Commercial real estate 959 — 1,041 — Construction & land development — — — — Commercial & industrial — — — — Lease financing receivables — — — — Aircraft — — — 210 Home equity 1,130 — 967 — Consumer — 30 — 26 Total Traditional Banking $ 19,339 $ 30 $ 20,215 $ 236
Schedule of financing receivable, experiencing financial difficulty and modified	Amortized Cost Basis of Modified Financing Receivables June 30, 2023 (dollars in thousands) Loans (#) Rate Reduction ($) Loans (#) Term Extension ($) Loans (#) Principal Deferral ($) Residential real estate: Owner occupied — $ — — $ — 6 $ 547 Nonowner occupied — — — — — — Home equity — — — — 4 143 Republic Processing Group — — — — 423 91 Total Loan Modifications — $ — — $ — 433 $ 781 Amortized Cost Basis of Modified Financing Receivables June 30, 2023 (dollars in thousands) Loans (#) Rate Reduction ($) Loans (#) Term Extension ($) Loans (#) Principal Deferral ($) Residential real estate: Owner occupied — $ — 2 $ 261 10 $ 852 Nonowner occupied — — — — — — Home equity — — — — 5 214 Republic Processing Group — — — — 424 93 Total Loan Modifications — $ — 2 $ 261 439 $ 1,159
Schedule of financing receivable, loan modification	Amortized Cost Basis of Modified Financing Receivables June 30, 2023 (dollars in thousands) Loans (#) Rate Reduction ($) Loans (#) Term Extension ($) Loans (#) Principal Deferral ($) Residential real estate: Owner occupied — $ — 2 $ 261 10 $ 852 Nonowner occupied — — — — — — Home equity — — — — 5 214 Republic Processing Group — — — — 424 93 Total Loan Modifications — $ — 2 $ 261 439 $ 1,159 Total Loan Modification by Type Accruing Nonaccruing June 30, 2023 (dollars in thousands) Loans (#) Recorded investment ($) Loans (#) Recorded investment ($) Term extension — $ — 2 $ 261 Principal deferral 424 93 15 1,066 Total Loan Modifications 424 $ 93 17 $ 1,327
Schedule of percentage of the amortized cost of loans and leases that were modified	Accruing Loan Modifications Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 % of Total % of Total Amortized of Financing Amortized of Financing (dollars in thousands) Loans (#) Cost Basis ($) Receivable Loans Cost Basis Receivable Republic Processing Group 423 $ 91 0.08 % 424 93 0.08 Total Accruing Loan Modifications 423 $ 91 NM 424 $ 93 0.00 Nonaccruing Loan Modifications Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 % of Total % of Total Amortized of Financing Amortized of Financing (dollars in thousands) Loans (#) Cost Basis ($) Receivable Loans Cost Basis Receivable Residential real estate: Owner occupied 6 $ 547 0.05 % 12 $ 1,113 0.10 % Home equity 4 143 0.06 5 214 0.08 Total Nonaccruing Loan Modifications 10 $ 690 0.01 % 17 $ 1,327 0.03
Schedule of financing receivable modified past due	Accruing Loan Modifications Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 30-89 Days 90+ Days 30-89 Days 90+ Days (in thousands) Current Past Due Past Due Current Past Due Past Due Republic Processing Group $ 91 $ — $ — 93 — — Total Accruing Loan Modifications $ 91 $ — $ — $ 93 $ — $ — Nonaccruing Loan Modifications Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 30-89 Days 90+ Days 30-89 Days 90+ Days (in thousands) Current Past Due Past Due Current Past Due Past Due Residential real estate: Owner occupied $ 379 $ — $ 168 $ 945 $ — $ 168 Nonowner occupied — — — — — — Home equity 143 — — 214 — — Total Nonaccruing Loan Modifications $ 522 $ — $ 168 $ 1,159 $ — $ 168
Schedule of TDRs differentiated by loan type and accrual status	Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded June 30, 2022 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Legal modification 3 $ 35 2 $ 24 5 $ 59 Total residential TDRs 3 35 2 24 5 59 Consumer loans: Principal deferral 489 77 — — 489 77 Total consumer TDRs 489 77 — — 489 77 Total troubled debt restructurings 492 $ 112 2 $ 24 494 $ 136 Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded June 30, 2022 (dollars in thousands) Loans Investment Loans Investment Loans Investment Residential real estate loans (including home equity loans): Legal modification 5 $ 477 3 $ 51 8 $ 528 Total residential TDRs 5 477 3 51 8 528 Consumer loans: Principal deferral 489 77 — — 489 77 Total consumer TDRs 489 77 — — 489 77 Total troubled debt restructurings 494 $ 554 3 $ 51 497 $ 605 Troubled Debt Troubled Debt Restructurings Restructurings Total Performing to Not Performing to Troubled Debt Modified Terms Modified Terms Restructurings Number of Recorded Number of Recorded Number of Recorded 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
Schedule of carrying amount of foreclosed properties held	(in thousands) June 30, 2023 December 31, 2022 Commercial real estate $ 1,478 $ 1,581 Total other real estate owned $ 1,478 $ 1,581
Schedule of recorded investment in consumer mortgage loans secured by residential real estate properties	(in thousands) June 30, 2023 December 31, 2022 Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure $ 1,611 $ 909
Schedule of Refund Advances	Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2023 2022 2023 2022 Refund Advances originated during the period $ — $ — $ 737,047 $ 311,207 Net charge to the Provision for RAs, including ERAs (161) 564 21,554 8,879 Provision as a percentage of RAs, including ERAs, originated during the period NA NA 2.92 % 2.85 % Refund Advances net charge-offs (recoveries) $ 25,636 $ 8,879 $ 25,351 $ 8,879 Refund Advances net charge-offs (recoveries) to total Refund Advances originated during the period NA NA 3.44 % 2.85 %

DEPOSITS (Tables)

DEPOSITS (Tables)	6 Months Ended
DEPOSITS (Tables)	Jun. 30, 2023
DEPOSITS
Composition of deposit portfolio	The composition of the deposit portfolio follows: (in thousands) June 30, 2023 December 31, 2022 Core Bank: Demand $ 1,161,743 $ 1,336,082 Money market accounts 851,090 707,272 Savings 289,209 323,015 Reciprocal money market 169,619 28,635 Individual retirement accounts (1) 34,227 38,640 Time deposits, $250 and over (1) 91,036 54,855 Other certificates of deposit (1) 186,053 129,324 Reciprocal time deposits (1) 73,205 7,405 Wholesale brokered deposits (1) 8,033 — Total Core Bank interest-bearing deposits 2,864,215 2,625,228 Total Core Bank noninterest-bearing deposits 1,405,543 1,464,493 Total Core Bank deposits 4,269,758 4,089,721 Republic Processing Group: Money market accounts 10,159 3,849 Total RPG interest-bearing deposits 10,159 3,849 Brokered prepaid card deposits 344,441 328,655 Other noninterest-bearing deposits 104,923 115,620 Total RPG noninterest-bearing deposits 449,364 444,275 Total RPG deposits 459,523 448,124 Total deposits $ 4,729,281 $ 4,537,845 (1) Includes time deposits .

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)	6 Months Ended
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)	Jun. 30, 2023
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
Schedule of securities sold under agreements to repurchase	(dollars in thousands) June 30, 2023 December 31, 2022 Outstanding balance at end of period $ 92,093 $ 216,956 Weighted average interest rate at end of period 0.43 % 0.41 % Fair value of securities pledged: U.S. Treasury securities and U.S. Government agencies $ 92,450 $ 254,296 Total securities pledged $ 92,450 $ 254,296 Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2023 2022 2023 2022 Average outstanding balance during the period $ 117,852 $ 294,388 $ 160,146 $ 297,263 Weighted average interest rate during the period 0.59 % 0.07 % 0.53 % 0.05 % Maximum outstanding at any month end during the period $ 121,835 $ 303,315 $ 224,067 $ 303,315

RIGHT-OF-USE ASSETS AND OPERA_2

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2023
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Summary of operating lease expense	Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2023 2022 2023 2022 Operating lease expense: Related Party: Variable lease expense $ 1,205 $ 1,269 $ 2,429 $ 2,535 Fixed lease expense 58 57 117 92 Third-Party: Variable lease expense 369 220 680 417 Fixed lease expense 386 349 775 693 Total operating lease expense $ 2,018 $ 1,895 $ 4,001 $ 3,737 Other information concerning operating leases: Cash paid for amounts included in the measurement of operating lease liabilities $ 1,771 $ 1,705 $ 3,500 $ 3,412 Cash paid for variable rent payments not included in measurement of operating lease liabilities 151 151 302 302 Short-term lease payments not included in the measurement of lease liabilities — — — —
Schedule of weighted average remaining term and weighted average discount rate for operating leases	June 30, 2023 December 31, 2022 Weighted average remaining term in years 7.96 8.44 Weighted average discount rate 2.13 % 2.10 %
Schedule of operating lease liabilities	Year (in thousands) Related Party Third-Party Total 2023 $ 1,923 $ 1,322 $ 3,245 2024 3,726 2,447 6,173 2025 3,570 1,842 5,412 2026 3,640 1,491 5,131 2027 3,680 1,160 4,840 Thereafter 11,751 3,630 15,381 Total undiscounted cash flows $ 28,290 $ 11,892 $ 40,182 Discount applied to cash flows (3,035) (1,426) (4,461) Total discounted cash flows reported as operating lease liabilities $ 25,255 $ 10,466 $ 35,721

FEDERAL HOME LOAN BANK ADVANC_2

FEDERAL HOME LOAN BANK ADVANCES (Tables)	6 Months Ended
FEDERAL HOME LOAN BANK ADVANCES (Tables)	Jun. 30, 2023
FEDERAL HOME LOAN BANK ADVANCES
Federal Home Loan Bank Advances	(in thousands) June 30, 2023 December 31, 2022 Overnight advances $ 450,000 $ 75,000 Fixed interest rate advances 70,000 20,000 Total FHLB advances $ 520,000 $ 95,000
Aggregate Future Principal Payments on FHLB Advances	Weighted Average Year (dollars in thousands) Principal Rate 2023 $ 450,000 5.09 % 2024 — — 2025 — — 2026 20,000 1.89 2027 50,000 4.17 2028 — — Total $ 520,000 4.88 %
Information Regarding Overnight FHLB Advances	Three Months Ended Six Months Ended June 30, June 30, (dollars in thousands) 2023 2022 2023 2022 Average outstanding balance during the period $ 226,659 $ — $ 226,006 $ — Weighted average interest rate during the period 5.20 % — % 4.82 % — % Maximum outstanding at any month end during the period $ 450,000 $ — $ 450,000 $ —
Real Estate Loans Pledged	(in thousands) June 30, 2023 December 31, 2022 First lien, single family residential real estate $ 1,303,563 $ 1,106,287 Home equity lines of credit 232,304 219,644

OFF BALANCE SHEET RISKS, COMM_2

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2023
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
Commitments Exclusive of Mortgage Bank Loan Commitments	(in thousands) June 30, 2023 December 31, 2022 Unused warehouse lines of credit $ 440,940 $ 733,940 Unused home equity lines of credit 430,954 410,057 Unused loan commitments - other 1,175,149 951,021 Standby letters of credit 10,232 9,735 FHLB letter of credit 233 643 Total commitments $ 2,057,508 $ 2,105,396
Schedule of roll-forward of the ACLC	ACLC Roll-forward Three Months Ended 2023 2022 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 $ 198 $ (53) $ — $ — $ 145 $ 130 $ 32 $ — $ — $ 162 Unused home equity lines of credit 341 12 — — 353 256 21 — — 277 Unused construction lines of credit 547 86 — — 633 — — — — — Unused loan commitments - other 374 25 — — 399 654 7 — — 661 Total $ 1,460 $ 70 $ — $ — $ 1,530 $ 1,040 $ 60 $ — $ — $ 1,100 ACLC Roll-forward Six Months Ended June 30, 2023 2022 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 $ 190 $ (45) $ — $ — $ 145 $ 154 $ 8 $ — $ — $ 162 Unused home equity lines of credit 332 21 — — 353 247 30 — — 277 Unused construction lines of credit 384 249 — — 633 — — — — — Unused loan commitments - other 344 55 — — 399 651 10 — — 661 Total $ 1,250 $ 280 $ — $ — $ 1,530 $ 1,052 $ 48 $ — $ — $ 1,100

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
FAIR VALUE (Tables)	Jun. 30, 2023
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on Recurring Basis	Fair Value Measurements at June 30, 2023 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 $ 174,323 $ 233,034 $ — $ 407,357 Private label mortgage-backed security — — 1,988 1,988 Mortgage-backed securities - residential — 166,287 — 166,287 Collateralized mortgage obligations — 22,747 — 22,747 Corporate bonds — 2,025 — 2,025 Trust preferred security — — 3,746 3,746 Total available-for-sale debt securities $ 174,323 $ 424,093 $ 5,734 $ 604,150 Equity securities with readily determinable fair value: Freddie Mac preferred stock $ — $ 122 $ — $ 122 Total equity securities with readily determinable fair value $ — $ 122 $ — $ 122 Mortgage loans held for sale $ — $ 4,038 $ — $ 4,038 Consumer loans held for sale — — 5,757 5,757 Rate lock loan commitments — 189 — 189 Interest rate swap agreements — 7,829 — 7,829 Financial liabilities: Mandatory forward contracts $ — $ 61 $ — $ 61 Interest rate swap agreements — 7,829 — 7,829 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 Interest rate swap agreements — 8,128 — 8,128 Financial liabilities: Mandatory forward contracts $ — $ 67 $ — $ 67 Interest rate swap agreements — 8,128 — 8,128
Assets Measured at Fair Value on a Non-Recurring Basis	Fair Value Measurements at June 30, 2023 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 $ — $ — $ 1,198 $ 1,198 Commercial real estate — — 851 851 Total collateral-dependent loans* $ — $ — $ 2,049 $ 2,049 Other real estate owned: Commercial real estate $ — $ — $ 1,478 $ 1,478 Total other real estate owned $ — $ — $ 1,478 $ 1,478 * The difference between the carrying value and the fair value of collateral-dependent loans measured at fair value is reconciled in a subsequent table of this Footnote. Fair Value Measurements at December 31, 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: Residential real estate $ — $ — $ 1,581 $ 1,581 Total other real estate owned $ — $ — $ 1,581 $ 1,581 * The difference between the carrying value and the fair value of collateral-dependent loans measured at fair value is reconciled in a subsequent table of this Footnote.
Impaired collateral dependent loans classified with Level 3 fair value hierarchy
Provisions for loss on collateral dependent impaired loans	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Provision on collateral-dependent loans $ — $ (7) $ (14) $ (4)
Other Real Estate Owned	(in thousands) June 30, 2023 December 31, 2022 Other real estate owned carried at fair value $ 1,478 $ 1,581 Total carrying value of other real estate owned $ 1,478 $ 1,581 Other real estate owned write-downs during the years ended $ 105 $ 211 Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Other real estate owned write-downs during the period $ 52 $ 54 $ 105 $ 105
Carrying amount and estimated fair values of financial instruments	Fair Value Measurements at June 30, 2023: Total Carrying Fair (in thousands) Value Level 1 Level 2 Level 3 Value Assets: Cash and cash equivalents $ 241,967 $ 241,967 $ — $ — $ 241,967 Available-for-sale debt securities 604,150 174,323 424,093 5,734 604,150 Held-to-maturity debt securities 101,966 — 101,190 — 101,190 Equity securities with readily determinable fair values 122 — 122 — 122 Mortgage loans held for sale, at fair value 4,038 — 4,038 — 4,038 Consumer loans held for sale, at fair value 5,757 — — 5,757 5,757 Consumer loans held for sale, at the lower of cost or fair value 15,787 — — 15,787 15,787 Loans, net 4,980,940 — — 4,725,917 4,725,917 Federal Home Loan Bank stock 29,395 — — — NA Accrued interest receivable 16,157 — 2,624 13,533 16,157 Mortgage servicing rights 7,995 — 16,955 — 16,955 Rate lock loan commitments 189 — 189 — 189 Interest rate swap agreements 7,829 — 7,829 — 7,829 Liabilities: Noninterest-bearing deposits $ 1,854,907 $ — $ 1,854,907 $ — $ 1,854,907 Transaction deposits 2,489,853 — 2,489,853 — 2,489,853 Time deposits 384,521 — 378,663 — 378,663 Securities sold under agreements to repurchase and other short-term borrowings 92,450 — 92,450 — 92,450 Federal Home Loan Bank advances 520,000 — 516,307 — 516,307 Accrued interest payable 868 — 868 — 868 Rate lock loan commitments 189 — 189 — 189 Mandatory forward contracts 61 — 61 — 61 Interest rate swap agreements 7,829 — 7,829 — 7,829 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 Rate lock loan commitments 2 — 2 — 2 Interest rate swap agreements 8,128 — 8,128 — 8,128 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 Mandatory forward contracts 67 — 67 — 67 Interest rate swap agreements 8,128 — 8,128 — 8,128
Nonrecurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Range Fair Valuation Unobservable (Weighted June 30, 2023 (dollars in thousands) Value Technique Inputs Average) Collateral-dependent loans - residential real estate owner occupied $ 1,198 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 35% (11.1%) Collateral-dependent loans - commercial real estate $ 851 Sales comparison approach Adjustments determined for differences between comparable sales 16% (16%) Other real estate owned - commercial real estate $ 1,478 Sales comparison approach Adjustments determined for differences between comparable sales 39% ( 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% (
Private label mortgage backed security
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 2,010 $ 2,602 $ 2,127 $ 2,731 Total gains or losses included in earnings: Net change in unrealized gain 26 (15) 32 9 Principal paydowns (48) (109) (171) (262) Balance, end of period $ 1,988 $ 2,478 $ 1,988 $ 2,478
Private label mortgage backed security \| Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	Fair Valuation June 30, 2023 (dollars in thousands) Value Technique Unobservable Inputs Range Private label mortgage-backed security $ 1,988 Discounted cash flow (1) Constant prepayment rate 2.7% - 4.5% (2) Probability of default 1.8% - 9.3% (3) Loss severity 12% - 35% 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%
Trust Preferred Securities
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 4,001 $ 3,725 $ 3,855 $ 3,847 Total gains or losses included in earnings: Discount accretion 15 14 29 28 Net change in unrealized gain (270) 85 (138) (51) Balance, end of period $ 3,746 $ 3,824 $ 3,746 $ 3,824
Mortgage Loans Held for Sale
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) June 30, 2023 December 31, 2022 Aggregate fair value $ 4,038 $ 1,302 Contractual balance 3,961 1,265 Unrealized gain 77 37
Schedule of gains and losses from changes in fair value included in earnings	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Interest income $ 61 $ 153 $ 122 $ 357 Change in fair value 47 109 39 (597) Total included in earnings $ 108 $ 262 $ 161 $ (240)
Consumer loans
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	(in thousands) June 30, 2023 December 31, 2022 Aggregate fair value $ 5,757 $ 4,706 Contractual balance 5,791 4,734 Unrealized loss (34) (28)
Schedule of gains and losses from changes in fair value included in earnings	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Interest income $ 949 $ 2,990 $ 1,714 $ 5,880 Change in fair value (9) (181) (6) (218) Total included in earnings $ 940 $ 2,809 $ 1,708 $ 5,662
Consumer loans \| Recurring basis
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	Fair Valuation June 30, 2023 (dollars in thousands) Value Technique Unobservable Inputs Rate Consumer loans held for sale $ 5,757 Contract Terms (1) Net Premium 0.15% (2) Discounted Sales 10.00% 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%

MORTGAGE BANKING ACTIVITIES (Ta

MORTGAGE BANKING ACTIVITIES (Tables)	6 Months Ended
MORTGAGE BANKING ACTIVITIES (Tables)	Jun. 30, 2023
MORTGAGE BANKING ACTIVITIES
Activity for Mortgage Loans Held for Sale, at fair value	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 1,034 $ 13,302 $ 1,302 $ 29,393 Origination of mortgage loans held for sale 13,948 61,489 29,890 162,150 Proceeds from the sale of mortgage loans held for sale (11,483) (67,759) (28,113) (186,971) Net gain on sale of mortgage loans held for sale 539 1,459 959 3,919 Balance, end of period $ 4,038 $ 8,491 $ 4,038 $ 8,491
Components of Mortgage Banking Income	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Net gain realized on sale of mortgage loans held for sale $ 357 $ 2,674 $ 605 $ 5,407 Net change in fair value recognized on loans held for sale 47 109 39 (597) Net change in fair value recognized on rate lock loan commitments 93 (222) 187 (1,184) Net change in fair value recognized on forward contracts 42 (1,102) 128 293 Net gain recognized 539 1,459 959 3,919 Loan servicing income 852 884 1,722 1,749 Amortization of mortgage servicing rights (484) (580) (974) (1,248) Change in mortgage servicing rights valuation allowance — — — — Net servicing income recognized 368 304 748 501 Total Mortgage Banking income $ 907 $ 1,763 $ 1,707 $ 4,420
Activity for capitalized mortgage servicing rights	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Balance, beginning of period $ 8,406 $ 9,502 $ 8,769 $ 9,196 Additions 73 485 200 1,459 Amortized to expense (484) (580) (974) (1,248) Change in valuation allowance — — — — Balance, end of period $ 7,995 $ 9,407 $ 7,995 $ 9,407
Schedule of activity in the valuation allowance for capitalized mortgage servicing rights	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Beginning valuation allowance $ — $ — $ — $ — Charge during the period — — — — Ending valuation allowance $ — $ — $ — $ —
Other information relating to mortgage servicing rights	(dollars in thousands) June 30, 2023 December 31, 2022 Fair value of mortgage servicing rights portfolio $ 16,955 $ 17,145 Monthly weighted average prepayment rate of unpaid principal balance* 121 % 127 % Discount rate 10.29 % 10.21 % Weighted average foreclosure rate 0.07 % 0.10 % Weighted average life in years 7.68 7.54 * Rates are applied to individual tranches with similar characteristics.
Schedule of notional amounts and fair values of mortgage loans held for sale at fair value and mortgage banking derivatives	June 30, 2023 December 31, 2022 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 $ 3,961 $ 4,038 $ 1,265 $ 1,302 Included in other assets: Rate lock loan commitments $ 12,896 $ 189 $ 4,118 $ 2 Mandatory forward contracts — — — — Included in other liabilities: Mandatory forward contracts 10,057 61 4,009 67

INTEREST RATE SWAPS (Tables)

INTEREST RATE SWAPS (Tables)	6 Months Ended
INTEREST RATE SWAPS (Tables)	Jun. 30, 2023
INTEREST RATE SWAPS
Summary of interest rate swaps related to clients	June 30, 2023 December 31, 2022 Notional Notional (in thousands) Bank Position Amount Fair Value Amount Fair Value Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 42,932 $ 1,224 $ 40,032 $ 1,386 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed 100,126 (6,605) 91,636 (6,742) Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 143,058 $ (5,381) $ 131,668 $ (5,356) Offsetting interest rate swaps with institutional swap dealer - Assets Pay fixed/receive variable 100,126 6,605 91,636 6,742 Offsetting interest rate swaps with institutional swap dealer - Liabilities Pay fixed/receive variable 42,932 (1,224) 40,032 (1,386) Offsetting interest rate swaps with institutional swap dealer - Total Pay fixed/receive variable $ 143,058 $ 5,381 $ 131,668 $ 5,356 Total $ 286,116 $ — $ 263,336 $ —

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
EARNINGS PER SHARE (Tables)	Jun. 30, 2023
EARNINGS PER SHARE
Earnings Per Share and Diluted Earnings Per Share	Three Months Ended Six Months Ended June 30, June 30, (in thousands, except per share data) 2023 2022 2023 2022 Net income $ 21,052 $ 24,347 $ 49,144 $ 52,697 Dividends declared on Common Stock: Class A Shares (6,537) (6,047) (13,118) (12,128) Class B Shares (733) (670) (1,467) (1,341) Undistributed net income for basic earnings per share 13,782 17,630 34,559 39,228 Weighted average potential dividends on Class A shares upon exercise of dilutive options (8) (21) (39) (49) Undistributed net income for diluted earnings per share $ 13,774 $ 17,609 $ 34,520 $ 39,179 Weighted average shares outstanding: Class A Shares 17,726 17,946 17,750 17,968 Class B Shares 2,158 2,161 2,159 2,163 Effect of dilutive securities on Class A Shares outstanding 22 62 52 71 Weighted average shares outstanding including dilutive securities 19,906 20,169 19,961 20,202 Basic earnings per share: Class A Common Stock: Per share dividends distributed $ 0.37 $ 0.34 $ 0.75 $ 0.68 Undistributed earnings per share* 0.70 0.89 1.75 1.97 Total basic earnings per share - Class A Common Stock $ 1.07 $ 1.23 $ 2.50 $ 2.65 Class B Common Stock: Per share dividends distributed $ 0.34 $ 0.31 $ 0.68 $ 0.62 Undistributed earnings per share* 0.64 0.81 1.59 1.79 Total basic earnings per share - Class B Common Stock $ 0.98 $ 1.12 $ 2.27 $ 2.41 Diluted earnings per share: Class A Common Stock: Per share dividends distributed $ 0.37 $ 0.34 $ 0.75 $ 0.68 Undistributed earnings per share* 0.70 0.88 1.75 1.96 Total diluted earnings per share - Class A Common Stock $ 1.07 $ 1.22 $ 2.50 $ 2.64 Class B Common Stock: Per share dividends distributed $ 0.34 $ 0.31 $ 0.68 $ 0.62 Undistributed earnings per share* 0.64 0.80 1.59 1.78 Total diluted earnings per share - Class B Common Stock $ 0.98 $ 1.11 $ 2.27 $ 2.40 * To arrive at undistributed earnings per share, undistributed net income is first prorated between Class A and Class B Common Shares, with Class A Common Shares receiving a 10% premium. The resulting pro-rated, undistributed net income for each class is then divided by the weighted average shares for each class.
Antidilutive Stock Options	Three Months Ended Six Months Ended June 30, June 30, 2023 2022 2023 2022 Antidilutive stock options 245,148 187,000 245,898 186,000 Average antidilutive stock options 120,682 184,000 245,565 178,000

OTHER COMPREHENSIVE INCOME (Tab

OTHER COMPREHENSIVE INCOME (Tables)	6 Months Ended
OTHER COMPREHENSIVE INCOME (Tables)	Jun. 30, 2023
OTHER COMPREHENSIVE INCOME
Summary of OCI components and related tax effects	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2023 2022 2023 2022 Available-for-Sale Debt Securities: Unrealized gain (loss) on AFS debt securities $ (4,418) $ (10,133) $ 787 $ (31,382) Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings 28 (15) 33 9 Net gains (losses) (4,390) (10,148) 820 (31,373) Income tax benefit (expense) related to items of other comprehensive income 1,096 2,537 (209) 7,845 Net of tax (3,294) (7,611) $ 611 $ (23,528)
Summary of the AOCI balances, net of tax	2023 (in thousands) December 31, 2022 Change June 30, 2023 Unrealized gain (loss) on AFS debt securities $ (32,934) $ 578 $ (32,356) Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings 955 33 988 Total unrealized gain (loss) $ (31,979) $ 611 $ (31,368) 2022 (in thousands) December 31, 2021 Change June 30, 2022 Unrealized gain (loss) on AFS debt securities $ 890 $ (23,535) $ (22,645) Unrealized gain on AFS debt security for which a portion of OTTI has been recognized in earnings 984 7 991 Total unrealized gain (loss) $ 1,874 $ (23,528) $ (21,654)

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	6 Months Ended
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	Jun. 30, 2023
REVENUE FROM CONTRACTS WITH CUSTOMERS
Schedule of net revenues by reportable segments	Three Months Ended June 30, 2023 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) $ 48,682 $ 2,642 $ 61 $ 51,385 $ 4,010 $ 9,134 $ 13,144 $ 64,529 Noninterest income: Service charges on deposit accounts 3,516 11 — 3,527 — — — 3,527 Net refund transfer fees — — — — 4,479 — 4,479 4,479 Mortgage banking income (1) — — 907 907 — — — 907 Interchange fee income 3,375 — — 3,375 44 — 44 3,419 Program fees (1) — — — — 728 3,011 3,739 3,739 Increase in cash surrender value of BOLI (1) 689 — — 689 — — — 689 Death benefits in excess of cash surrender value of life insurance 1,728 — — 1,728 — — — 1,728 Net losses on OREO (52) — — (52) — — — (52) Legal settlement — — — — — — — — Other 1,074 — 27 1,101 74 40 114 1,215 Total noninterest income 10,330 11 934 11,275 5,325 3,051 8,376 19,651 Total net revenue $ 59,012 $ 2,653 $ 995 $ 62,660 $ 9,335 $ 12,185 $ 21,520 $ 84,180 Net-revenue concentration (2) 71 % 3 % 1 % 75 % 11 % 14 % 25 % 100 % Three Months Ended June 30, 2022 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income (1) $ 39,158 $ 3,886 $ 153 $ 43,197 $ 1,638 $ 6,979 $ 8,617 $ 51,814 Noninterest income: Service charges on deposit accounts 3,355 12 — 3,367 (4) — (4) 3,363 Net refund transfer fees — — — — 3,950 — 3,950 3,950 Mortgage banking income (1) — — 1,763 1,763 — — — 1,763 Interchange fee income 3,389 — — 3,389 72 — 72 3,461 Program fees (1) — — — — 736 3,149 3,885 3,885 Increase in cash surrender value of BOLI (1) 623 — — 623 — — — 623 Net losses on OREO (52) — — (52) — — — (52) Legal settlement — — — — 13,000 — 13,000 13,000 Other 419 — 46 465 111 — 111 576 Total noninterest income 7,734 12 1,809 9,555 17,865 3,149 21,014 30,569 Total net revenue $ 46,892 $ 3,898 $ 1,962 $ 52,752 $ 19,503 $ 10,128 $ 29,631 $ 82,383 Net-revenue concentration (2) 57 % 5 % 2 % 64 % 24 % 12 % 36 % 100 % (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. Six Months Ended June 30, 2023 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) $ 98,789 $ 4,729 $ 122 $ 103,640 $ 35,775 $ 17,756 $ 53,531 $ 157,171 Noninterest income: Service charges on deposit accounts 6,804 22 — 6,826 — — — 6,826 Net refund transfer fees — — — — 15,286 — 15,286 15,286 Mortgage banking income (1) — — 1,707 1,707 — — — 1,707 Interchange fee income 6,381 — — 6,381 89 — 89 6,470 Program fees (1) — — — — 1,435 5,545 6,980 6,980 Increase in cash surrender value of BOLI (1) 1,324 — — 1,324 — — — 1,324 Death benefits in excess of cash surrender value of life insurance (1) 1,728 — — 1,728 — — — 1,728 Net losses on OREO (105) — — (105) — — — (105) Other 1,852 — 44 1,896 155 65 220 2,116 Total noninterest income 17,984 22 1,751 19,757 16,965 5,610 22,575 42,332 Total net revenue $ 116,773 $ 4,751 $ 1,873 $ 123,397 $ 52,740 $ 23,366 $ 76,106 $ 199,503 Net-revenue concentration (2) 59 % 2 % 1 % 62 % 26 % 12 % 38 % 100 % Six Months Ended June 30, 2022 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income (1) $ 75,306 $ 8,401 $ 357 $ 84,064 $ 17,042 $ 13,875 $ 30,917 $ 114,981 Noninterest income: Service charges on deposit accounts 6,574 25 — 6,599 (10) — (10) 6,589 Net refund transfer fees — — — — 16,001 — 16,001 16,001 Mortgage banking income (1) — — 4,420 4,420 — — — 4,420 Interchange fee income 6,401 — — 6,401 130 — 130 6,531 Program fees (1) — — — — 1,463 6,276 7,739 7,739 Increase in cash surrender value of BOLI (1) 1,235 — — 1,235 — — — 1,235 Net losses on OREO (105) — — (105) — — — (105) Contract termination fee — — — — 5,000 — 5,000 5,000 Legal settlement — — — — 13,000 — 13,000 13,000 Other 871 — 80 951 217 — 217 1,168 Total noninterest income 14,976 25 4,500 19,501 35,801 6,276 42,077 61,578 Total net revenue $ 90,282 $ 8,426 $ 4,857 $ 103,565 $ 52,843 $ 20,151 $ 72,994 $ 176,559 Net-revenue concentration (2) 51 % 5 % 3 % 59 % 30 % 11 % 41 % 100 % (3) This revenue is not subject to ASC 606. (4) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
SEGMENT INFORMATION (Tables)	Jun. 30, 2023
SEGMENT INFORMATION
Schedule of segment information	Three Months Ended June 30, 2023 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 $ 48,682 $ 2,642 $ 61 $ 51,385 $ 4,010 $ 9,134 $ 13,144 $ 64,529 Provision for expected credit loss expense 1,860 202 — 2,062 (219) 4,296 4,077 6,139 Net refund transfer fees — — — — 4,479 — 4,479 4,479 Mortgage banking income — — 907 907 — — — 907 Program fees — — — — 728 3,011 3,739 3,739 Other noninterest income 10,330 11 27 10,368 118 40 158 10,526 Total noninterest income 10,330 11 934 11,275 5,325 3,051 8,376 19,651 Total noninterest expense 42,153 1,008 2,322 45,483 3,143 2,907 6,050 51,533 Income (loss) before income tax expense 14,999 1,443 (1,327) 15,115 6,411 4,982 11,393 26,508 Income tax expense (benefit) 2,941 322 (292) 2,971 1,391 1,094 2,485 5,456 Net income (loss) $ 12,058 $ 1,121 $ (1,035) $ 12,144 $ 5,020 $ 3,888 $ 8,908 $ 21,052 Period-end assets $ 5,271,050 $ 540,106 $ 16,147 $ 5,827,303 $ 415,428 $ 127,048 $ 542,476 $ 6,369,779 Net interest margin 3.77 % 2.28 % NM 3.65 % NM NM NM 4.46 % Net-revenue concentration* 71 % 3 % 1 % 75 % 11 % 14 % 25 % 100 % Three Months Ended June 30, 2022 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income $ 39,158 $ 3,886 $ 153 $ 43,197 $ 1,638 $ 6,979 $ 8,617 $ 51,814 Provision for expected credit loss expense 146 (234) — (88) 360 3,433 3,793 3,705 Net refund transfer fees — — — — 3,950 — 3,950 3,950 Mortgage banking income — — 1,763 1,763 — — — 1,763 Program fees — — — — 736 3,149 3,885 3,885 Legal settlement — — — — 13,000 — 13,000 13,000 Other noninterest income 7,734 12 46 7,792 179 — 179 7,971 Total noninterest income 7,734 12 1,809 9,555 17,865 3,149 21,014 30,569 Total noninterest expense 38,317 1,035 2,832 42,184 3,533 1,939 5,472 47,656 Income before income tax expense 8,429 3,097 (870) 10,656 15,610 4,756 20,366 31,022 Income tax expense 1,652 692 (191) 2,153 3,465 1,057 4,522 6,675 Net income $ 6,777 $ 2,405 $ (679) $ 8,503 $ 12,145 $ 3,699 $ 15,844 $ 24,347 Period-end assets $ 4,997,734 $ 596,031 $ 22,342 $ 5,616,107 $ 382,156 $ 114,213 $ 496,369 $ 6,112,476 Net interest margin 3.06 % 2.69 % NM 3.02 % NM NM NM 3.55 % Net-revenue concentration* 57 % 5 % 2 % 64 % 24 % 12 % 36 % 100 % * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. Six Months Ended June 30, 2023 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 $ 98,789 $ 4,729 $ 122 $ 103,640 $ 35,775 $ 17,756 $ 53,531 $ 157,171 Provision for expected credit loss expense 4,844 337 — 5,181 21,589 6,135 27,724 32,905 Net refund transfer fees — — — — 15,286 — 15,286 15,286 Mortgage banking income — — 1,707 1,707 — — — 1,707 Program fees — — — — 1,435 5,545 6,980 6,980 Other noninterest income 17,984 22 44 18,050 244 65 309 18,359 Total noninterest income 17,984 22 1,751 19,757 16,965 5,610 22,575 42,332 Total noninterest expense 83,005 1,976 4,876 89,857 8,791 5,328 14,119 103,976 Income (loss) before income tax expense 28,924 2,438 (3,003) 28,359 22,360 11,903 34,263 62,622 Income tax expense (benefit) 6,023 545 (661) 5,907 4,932 2,639 7,571 13,478 Net income (loss) $ 22,901 $ 1,893 $ (2,342) $ 22,452 $ 17,428 $ 9,264 $ 26,692 $ 49,144 Period-end assets $ 5,271,050 $ 540,106 $ 16,147 $ 5,827,303 $ 415,428 $ 127,048 $ 542,476 $ 6,369,779 Net interest margin 3.92 % 2.39 % NM 3.81 % NM NM NM 5.48 % Net-revenue concentration* 59 % 2 % 1 % 62 % 26 % 12 % 38 % 100 % Six Months Ended June 30, 2022 Core Banking Republic Processing Group Total Tax Republic Traditional Warehouse Mortgage Core Refund Credit Total Total (dollars in thousands) Banking Lending Banking Banking Solutions Solutions RPG Company Net interest income $ 75,306 $ 8,401 $ 357 $ 84,064 $ 17,042 $ 13,875 $ 30,917 $ 114,981 Provision for expected credit loss expense 466 (635) — (169) 8,272 4,828 13,100 12,931 Net refund transfer fees — — — — 16,001 — 16,001 16,001 Mortgage banking income — — 4,420 4,420 — — — 4,420 Program fees — — — — 1,463 6,276 7,739 7,739 Contract termination fee — — — — 5,000 — 5,000 5,000 Legal settlement — — — — 13,000 — 13,000 13,000 Other noninterest income 14,976 25 80 15,081 337 — 337 15,418 Total noninterest income 14,976 25 4,500 19,501 35,801 6,276 42,077 61,578 Total noninterest expense 76,544 1,987 5,522 84,053 8,678 3,506 12,184 96,237 Income before income tax expense 13,272 7,074 (665) 19,681 35,893 11,817 47,710 67,391 Income tax expense 2,120 1,596 (146) 3,570 8,371 2,753 11,124 14,694 Net income $ 11,152 $ 5,478 $ (519) $ 16,111 $ 27,522 $ 9,064 $ 36,586 $ 52,697 Period-end assets $ 4,997,734 $ 596,031 $ 22,342 $ 5,616,107 $ 382,156 $ 114,213 $ 496,369 $ 6,112,476 Net interest margin 2.98 % 2.89 % NM 2.97 % NM NM NM 3.94 % Net-revenue concentration* 51 % 5 % 3 % 59 % 30 % 11 % 41 % 100 % * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - OPERATIONS (Details)	6 Months Ended
	Jun. 30, 2023 item segment
Basis of Presentation
Number of reportable segments \| segment	5
Number of banking centers	45
Kentucky
Basis of Presentation
Number of banking centers	29
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	4
Bellevue
Basis of Presentation
Number of banking centers	1
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
Indiana
Basis of Presentation
Number of banking centers	3
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
Florida
Basis of Presentation
Number of banking centers	7
Metropolitan Tampa, Florida
Basis of Presentation
Number of banking centers	7
Ohio
Basis of Presentation
Number of banking centers	4
Metropolitan Cincinnati, Ohio
Basis of Presentation
Number of banking centers	4
Tennessee
Basis of Presentation
Number of banking centers	2
Metropolitan Nashville, Tennessee
Basis of Presentation
Number of banking centers	2
Core Banking Activities
Basis of Presentation
Number of reportable segments \| segment	3
Core Banking Activities \| Minimum
Basis of Presentation
Period of loan expected to remain in warehouse line	15 days
Core Banking Activities \| Maximum
Basis of Presentation
Period of loan expected to remain in warehouse line	30 days
Republic Processing Group
Basis of Presentation
Number of reportable segments \| segment	2

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - SEGMENTS (Details)		1 Months Ended		2 Months Ended			3 Months Ended			6 Months Ended
	Jun. 06, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2019	Feb. 28, 2023	Jan. 31, 2023 USD ($)	Feb. 28, 2022	Mar. 31, 2023 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Jun. 30, 2023 USD ($) item	Jun. 30, 2022 USD ($)
Contract termination fee
Basis of Presentation
Revenue recognized											$ 5,000,000
Contract termination fee \| Green Dot
Basis of Presentation
Revenue recognized									$ 5,000,000
Legal settlement
Basis of Presentation
Revenue recognized								$ 13,000,000			13,000,000
Legal settlement \| Green Dot
Basis of Presentation
Revenue recognized	$ 13,000,000							13,000,000
Republic Processing Group \| Contract termination fee
Basis of Presentation
Revenue recognized											5,000,000
Republic Processing Group \| Legal settlement
Basis of Presentation
Revenue recognized								13,000,000			13,000,000
Republic Credit Solutions \| Line of credit
Basis of Presentation
Number of service products \| item										2
Republic Credit Solutions \| LOC 1
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)										90%
Percentage of ownership maintained with each borrower (as percentage)										100%
Interest retained (as a percent)										10%
Loan held-for-sale term										3 days
Maximum advance amount										$ 3,500
Republic Credit Solutions \| LOC II
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)										95%
Percentage of ownership maintained with each borrower (as percentage)										100%
Interest retained (as a percent)										5%
Loan held-for-sale term										3 days
Maximum advance amount										$ 10,000
Republic Credit Solutions \| Installment loan
Basis of Presentation
Term for intent to sell loans			16 days							16 days
Republic Credit Solutions \| Installment loan \| Minimum
Basis of Presentation
Loan held-for-sale term			12 months							12 months
Republic Credit Solutions \| Installment loan \| Maximum
Basis of Presentation
Term for intent to sell loans										16 days
Loan held-for-sale term			60 months							60 months
Republic Credit Solutions \| Healthcare receivables
Basis of Presentation
Percentage of loan receivable held for sale (as a percent)										100%
Number of third party relationship \| item										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 \| Refund Advances
Basis of Presentation
Advance amount per customer							$ 6,250		$ 6,250
Period Refund Advance tax credit product offered				2 months		2 months
EA's repayment term									32 days
Maximum repayment period before Easy Advances considered delinquent							35 days		35 days
Amount of credit risk associated with refund transfers										$ 0
Tax Refund Solutions \| ERA Product
Basis of Presentation
Advance amount per customer					$ 1,000
Early Season Refund Advances originated		$ 98,000,000
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			$ 13,000,000

ACQUISITION OF CBANK (Details)

ACQUISITION OF CBANK (Details) $ in Thousands	Mar. 15, 2023 USD ($)
CBank
Business Acquisition [Line Items]
Cash payment for acquisition	$ 51,000

ACQUISITION OF CBANK - ASSETS A

ACQUISITION OF CBANK - ASSETS ACQUIRED AND LIABILITIES ASSUMED (Details) - USD ($) $ in Thousands	Mar. 15, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents		$ 241,967		$ 313,689
Loans (loans carried at fair value of $0 in 2023 and $2 in 2022)		5,053,142		4,515,802
Allowance for credit losses		(72,202)	$ (96,121)	(70,413)	$ (64,449)	$ (71,656)	$ (64,577)
Loans, net		4,980,940		4,445,389
Goodwill		40,516		16,300
Premises and equipment, net		33,840		31,978
Other assets and accrued interest receivable		94,937		76,393
TOTAL ASSETS		6,369,779		5,835,543	$ 6,112,476
Deposits:
Noninterest-bearing		1,854,907		1,908,768
Interest-bearing		2,874,374		2,629,077
Total deposits		4,729,281		4,537,845
Other liabilities and accrued interest payable		49,715		47,711
Total liabilities		5,482,808		4,978,930
Assets acquired:
Goodwill		40,516		16,300
Liabilities assumed:
Goodwill		$ 40,516		$ 16,300
CBank
ASSETS
Cash and cash equivalents	$ 10,030
Investment securities	16,463
Loans (loans carried at fair value of $0 in 2023 and $2 in 2022)	221,707
Allowance for credit losses	(2,953)
Loans, net	218,754
Goodwill	954
Premises and equipment, net	162
Other assets and accrued interest receivable	7,067
TOTAL ASSETS	253,430
Deposits:
Noninterest-bearing	42,160
Interest-bearing	179,487
Total deposits	221,647
Other liabilities and accrued interest payable	4,709
Total liabilities	226,356
Net assets acquired	27,074
Assets acquired:
Goodwill	954
Liabilities assumed:
Goodwill	954
CBank \| Fair Value Adjustments
Fair Value Adjustments
Fair value adjustments, Investment securities	(4)
Fair value adjustments, Loans	(4,219)
Fair value adjustments, Allowance for loan and lease losses	1,353
Fair value adjustments, Loans, net	(2,866)
Fair value adjustments, Goodwill	(954)
Fair value adjustments, Core deposit intangible	2,844
Fair value adjustments, Premises and equipment, net	35
Fair value adjustments, Other assets and accrued interest receivable	(320)
Fair value adjustments, Total assets acquired	(1,265)
Fair value adjustments, Interest-bearing	31
Fair value adjustments, Total deposits	31
Fair value adjustments, Other liabilities and accrued interest payable	96
Fair value adjustments, Total liabilities assumed	127
Fair value adjustments, Net assets acquired	(1,392)
CBank
ASSETS
Goodwill	24,216
Assets acquired:
Cash and cash equivalents	10,030
Investment securities	16,394
Loans	217,338
Allowance for loan and lease losses	(209)
Loans, net	217,129
Goodwill	24,216
Core deposit intangible	2,844
Premises and equipment, net	173
Other assets and accrued interest receivable	6,747
Total assets acquired	253,317
Liabilities assumed:
Noninterest-bearing	42,160
Interest-bearing	179,518
Total deposits	221,678
Other liabilities and accrued interest payable	4,855
Total liabilities assumed	226,533
Net assets acquired	26,784
Cash consideration paid	(51,000)
Goodwill	24,216
CBank \| Recast Adjustments
Fair Value Adjustments
Fair value adjustments, Investment securities	(65)
Fair value adjustments, Loans	(150)
Fair value adjustments, Allowance for loan and lease losses	1,391
Fair value adjustments, Loans, net	1,241
Fair value adjustments, Premises and equipment, net	(24)
Fair value adjustments, Total assets acquired	1,152
Fair value adjustments, Other liabilities and accrued interest payable	50
Fair value adjustments, Total liabilities assumed	50
Fair value adjustments, Net assets acquired	$ 1,102

INVESTMENT SECURITIES - AFS (De

INVESTMENT SECURITIES - AFS (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022
Available-for-Sale Debt Securities
Amortized Cost	$ 645,968		$ 663,003
Gross Unrealized Gains	1,373		1,437
Gross Unrealized Losses	(43,191)		(44,075)
Allowance for Credit Losses	0		0
Total available-for-sale debt securities	604,150		620,365
U.S. Treasury securities and U.S. Government agencies
Available-for-Sale Debt Securities
Amortized Cost	431,450		436,333
Gross Unrealized Gains			1
Gross Unrealized Losses	(24,093)		(25,193)
Allowance for Credit Losses	0		0
Total available-for-sale debt securities	407,357		411,141
Private label mortgage backed security
Available-for-Sale Debt Securities
Amortized Cost	671		843
Gross Unrealized Gains	1,317		1,284
Allowance for Credit Losses	0		0
Total available-for-sale debt securities	1,988		2,127
Mortgage-backed securities - residential
Available-for-Sale Debt Securities
Amortized Cost	183,843		189,312
Gross Unrealized Gains	13		16
Gross Unrealized Losses	(17,569)		(17,455)
Allowance for Credit Losses	0		0
Total available-for-sale debt securities	166,287		171,873
Collateralized mortgage obligations
Available-for-Sale Debt Securities
Amortized Cost	24,222		22,774
Gross Unrealized Gains	30		21
Gross Unrealized Losses	(1,505)		(1,427)
Allowance for Credit Losses	0		0
Total available-for-sale debt securities	22,747		21,368
Corporate bonds
Available-for-Sale Debt Securities
Amortized Cost	2,012		10,000
Gross Unrealized Gains	13		1
Allowance for Credit Losses	0	$ (3)	0	$ (30)
Total available-for-sale debt securities	2,025		10,001
Trust preferred security
Available-for-Sale Debt Securities
Amortized Cost	3,770		3,741
Gross Unrealized Gains			114
Gross Unrealized Losses	(24)
Allowance for Credit Losses	0		0
Total available-for-sale debt securities	$ 3,746		$ 3,855

INVESTMENT SECURITIES - HTM (De

INVESTMENT SECURITIES - HTM (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Held-to-Maturity Debt Securities
Amortized Cost	$ 101,976		$ 87,396
Gross Unrecognized Gains	75		160
Gross Unrecognized Losses	(861)		(199)
Fair Value	101,190		87,357
Allowance for credit losses	(10)		(10)
U.S. Treasury securities and U.S. Government agencies
Held-to-Maturity Debt Securities
Amortized Cost	90,000		75,000
Gross Unrecognized Gains			106
Gross Unrecognized Losses	(725)
Fair Value	89,275		75,106
Mortgage-backed securities - residential
Held-to-Maturity Debt Securities
Amortized Cost	26		27
Gross Unrecognized Losses	(1)		(1)
Fair Value	25		26
Collateralized mortgage obligations
Held-to-Maturity Debt Securities
Amortized Cost	6,845		7,270
Gross Unrecognized Gains	50		54
Gross Unrecognized Losses	(134)		(148)
Fair Value	6,761		7,176
Corporate bonds
Held-to-Maturity Debt Securities
Amortized Cost	4,980		4,974
Gross Unrecognized Gains	25
Gross Unrecognized Losses			(49)
Fair Value	5,005		4,925
Allowance for credit losses	(10)	$ (10)	(10)	$ (50)	$ (40)	$ (47)
Obligations of state and political subdivisions
Held-to-Maturity Debt Securities
Amortized Cost	125		125
Gross Unrecognized Losses	(1)		(1)
Fair Value	$ 124		$ 124

INVESTMENT SECURITIES - SALES A

INVESTMENT SECURITIES - SALES AND CALLS OF AFS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
INVESTMENT SECURITIES
Net gains (losses) on securities available for sale	$ 0	$ 0	$ 0	$ 0

INVESTMENT SECURITIES - AMORTIZ

INVESTMENT SECURITIES - AMORTIZED COST AND FV (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Securities available for Sale - Amortized Cost
Due in one year or less	$ 139,768
Due from one year to five years	293,694
Due beyond ten years	3,770
Amortized Cost	645,968	$ 663,003
Securities available for Sale - Fair Value
Due in one year or less	136,180
Due from one year to five years	273,202
Due beyond ten years	3,746
Total securities	604,150	620,365
Securities held to maturity - Amortized Cost
Due in one year or less	125
Due from one year to five years	94,980
Total securities	101,976	87,396
Securities held to maturity - Fair Value
Due in one year or less	125
Due from one year to five years	94,279
Fair Value	101,190	87,357
Private label mortgage backed security
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	671
Amortized Cost	671	843
Securities available for Sale - Fair Value
Securities not due at a single maturity date	1,988
Total securities	1,988	2,127
Mortgage-backed securities - residential
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	183,843
Amortized Cost	183,843	189,312
Securities available for Sale - Fair Value
Securities not due at a single maturity date	166,287
Total securities	166,287	171,873
Securities held to maturity - Amortized Cost
Total securities	26	27
Securities held to maturity - Fair Value
Securities not due at a single maturity date	25
Fair Value	25	26
Securities not due at a single maturity date	26
Collateralized mortgage obligations
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	24,222
Amortized Cost	24,222	22,774
Securities available for Sale - Fair Value
Securities not due at a single maturity date	22,747
Total securities	22,747	21,368
Securities held to maturity - Amortized Cost
Total securities	6,845	7,270
Securities held to maturity - Fair Value
Securities not due at a single maturity date	6,761
Fair Value	6,761	$ 7,176
Securities not due at a single maturity date	$ 6,845

INVESTMENT SECURITIES - INVESTM

INVESTMENT SECURITIES - INVESTMENT CATEGORY (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Available-for-sale debt securities
Less than 12 months Fair Value	$ 294,583	$ 355,064
Less than 12 months Unrealized Losses	(14,947)	(15,999)
12 months or more Fair Value	302,783	237,202
12 months or more Unrealized Losses	(28,244)	(28,076)
Total Fair Value	597,366	592,266
Total Unrealized Losses	$ (43,191)	$ (44,075)
Number of securities held	197	179
Number of securities held in an unrealized loss position	179	163
Maximum percentage of holdings of securities of any one issuer, other than the U.S. Government and its agencies	10%	10%
U.S. Treasury securities and U.S. Government agencies
Available-for-sale debt securities
Less than 12 months Fair Value	$ 218,670	$ 229,372
Less than 12 months Unrealized Losses	(7,852)	(7,139)
12 months or more Fair Value	188,687	171,676
12 months or more Unrealized Losses	(16,241)	(18,054)
Total Fair Value	407,357	401,048
Total Unrealized Losses	(24,093)	(25,193)
Mortgage backed securities - residential
Available-for-sale debt securities
Less than 12 months Fair Value	63,616	105,274
Less than 12 months Unrealized Losses	(6,546)	(7,434)
12 months or more Fair Value	101,546	65,520
12 months or more Unrealized Losses	(11,023)	(10,021)
Total Fair Value	165,162	170,794
Total Unrealized Losses	(17,569)	(17,455)
Collateralized mortgage obligations
Available-for-sale debt securities
Less than 12 months Fair Value	8,551	20,418
Less than 12 months Unrealized Losses	(525)	(1,426)
12 months or more Fair Value	12,550	6
12 months or more Unrealized Losses	(980)	(1)
Total Fair Value	21,101	20,424
Total Unrealized Losses	(1,505)	$ (1,427)
Trust Preferred Securities
Available-for-sale debt securities
Less than 12 months Fair Value	3,746
Less than 12 months Unrealized Losses	(24)
Total Fair Value	3,746
Total Unrealized Losses	$ (24)

INVESTMENT SECURITIES - PRIVATE

INVESTMENT SECURITIES - PRIVATE LABEL MORTGAGE-BACKED SECURITY (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Marketable Securities [Line Items]
Number of securities held	197	179
Private label mortgage backed security
Marketable Securities [Line Items]
Number of securities held	1
Securities	$ 1,988

INVESTMENT SECURITIES - CORPORA

INVESTMENT SECURITIES - CORPORATE BONDS AND MORTGAGE BACKED SECURITIES (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Private label mortgage backed security
Marketable Securities [Line Items]
Securities	$ 1,988
Mortgage backed securities and CMOs
Marketable Securities [Line Items]
Gross unrealized losses on available for sale securities	$ 19,100	$ 18,900

INVESTMENT SECURITIES - ACLS RO

INVESTMENT SECURITIES - ACLS ROLLFORWARD (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Marketable Securities [Line Items]
Beginning Balance - AFS			$ 0
Beginning Balance - HTM			10
Balance - Total	$ 13	$ 40	10	$ 47
Provision - Total	(3)	40	0	33
Ending Balance - AFS	0		0
Ending Balance - HTM	10		10
Balance - Total	10	80	10	80
Debt Securities, Held-to-maturity, Nonaccrual	0		0		$ 0
Debt Securities, Held To Maturity, Collateral Dependent	0		0		$ 0
Corporate bonds
Marketable Securities [Line Items]
Beginning Balance - AFS	3		0
Beginning Balance - HTM	10	40	10	47
Provision - AFS	(3)	30		30
Provision - HTM		10		3
Ending Balance - AFS	0	30	0	30
Ending Balance - HTM	$ 10	$ 50	$ 10	$ 50

INVESTMENT SECURITIES - ACCRUED

INVESTMENT SECURITIES - ACCRUED INTEREST (Details) - Other Assets. - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Accounting Pronouncements
Accrued interest on AFS debt securities excluded from ACLS	$ 2,000,000	$ 2,000,000
Accrued interest on HTM debt securities excluded from ACLS	$ 398,000	$ 92,000

INVESTMENT SECURITIES - PLEDGED

INVESTMENT SECURITIES - PLEDGED DEBT SECURITIES (Details) - Asset Pledged as Collateral [Member] - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Marketable Securities [Line Items]
Amortized Cost	$ 97,400	$ 236,047
Carrying Value
Marketable Securities [Line Items]
Fair value	92,450	217,562
Total Fair Value
Marketable Securities [Line Items]
Fair value	$ 92,450	$ 217,562

INVESTMENT SECURITIES - EQUITY

INVESTMENT SECURITIES - EQUITY SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Equity securities
Gross Unrealized Gains			$ 122		$ 111
Fair Value	$ 122		122		111
Gains (Losses) Recognized on Equity securities, Realized		$ (97)		$ (209)
Gains (Losses) Recognized on Equity securities, Unrealized	15	25	10	19
Gains (Losses) Recognized on Equity securities, Total	15	(72)	10	(190)
Freddie Mac preferred stock
Equity securities
Gross Unrealized Gains			122		111
Fair Value	122		122		$ 111
Gains (Losses) Recognized on Equity securities, Unrealized	15	25	10	19
Gains (Losses) Recognized on Equity securities, Total	$ 15	25	$ 10	19
Mutual fund
Equity securities
Gains (Losses) Recognized on Equity securities, Realized		(97)		(209)
Gains (Losses) Recognized on Equity securities, Total		$ (97)		$ (209)

LOANS HELD FOR SALE - CONSUMER

LOANS HELD FOR SALE - CONSUMER LOANS - HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Consumer Loans Held For Sale At Fair Value [RollForward]
Balance, beginning of period	$ 4,688	$ 11,709	$ 4,706	$ 19,747
Origination of consumer loans held for sale	30,147	98,704	52,944	195,436
Proceeds from the sale of consumer loans held for sale	(29,889)	(94,435)	(53,449)	(201,083)
Net gain on sale of consumer loans held for sale	811	1,481	1,556	3,359
Balance, end of period	$ 5,757	$ 17,459	$ 5,757	$ 17,459

LOANS HELD FOR SALE - CONSUME_2

LOANS HELD FOR SALE - CONSUMER LOANS - LOWER COST (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Carried at lower of cost or fair value
Balance, beginning of period		$ 12,744	$ 3,026	$ 13,169	$ 2,937
Origination of consumer loans held for sale		232,257	184,078	416,682	332,560
Proceeds from the sale of consumer loans held for sale		(231,412)	(174,994)	(418,051)	(324,626)
Net gain on sale of consumer loans held for sale		2,198	1,667	3,987	2,906
Balance, end of period		$ 15,787	$ 13,777	$ 15,787	$ 13,777
Republic Credit Solutions \| Line of credit and credit card \| Minimum
Loans held for sale
Percentage of loan receivable held for sale (as a percent)				90%
Republic Credit Solutions \| Line of credit and credit card \| Maximum
Loans held for sale
Percentage of loan receivable held for sale (as a percent)				95%
Republic Credit Solutions \| Healthcare receivables
Loans held for sale
Percentage of loan receivable held for sale (as a percent)				100%
Republic Credit Solutions \| Installment loan
Loans held for sale
Term for intent to sell loans	16 days			16 days
Republic Credit Solutions \| Installment loan \| Minimum
Loans held for sale
Loan held-for-sale term	12 months	12 months		12 months
Republic Credit Solutions \| Installment loan \| Maximum
Loans held for sale
Loan held-for-sale term	60 months	60 months		60 months
Term for intent to sell loans				16 days

LOANS AND ALLOWANCE FOR CREDI_3

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COMPOSITION OF LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Loans disclosures
Lease financing receivables	$ 79,804		$ 10,505
Loans	5,053,142		4,515,802
Allowance for credit losses	(72,202)	$ (96,121)	(70,413)	$ (64,449)	$ (71,656)	$ (64,577)
Loans, net	4,980,940		4,445,389
Core Banking Activities
Loans disclosures
Loans	4,934,228		4,258,702
Allowance for credit losses	(56,913)	(56,360)	(51,718)	(51,218)	(51,341)	(51,533)
Traditional Banking
Loans disclosures
Lease financing receivables	79,804		10,505
Loans	4,394,668		3,855,142
Allowance for credit losses	(55,567)	$ (55,216)	(50,709)	$ (49,727)	$ (49,616)	$ (49,407)
Republic Processing Group
Loans disclosures
Total loans	118,914		257,100
Residential real estate \| Residential Real Estate - Owner Occupied
Loans disclosures
Total loans	1,086,751		911,427
Residential real estate \| Residential Real Estate - Owner Occupied \| Traditional Banking
Loans disclosures
Total loans	1,086,751		911,427
Residential real estate \| Residential Real Estate - Non Owner Occupied
Loans disclosures
Total loans	350,390		321,358
Residential real estate \| Residential Real Estate - Non Owner Occupied \| Traditional Banking
Loans disclosures
Total loans	350,390		321,358
Residential real estate \| Home equity
Loans disclosures
Total loans	255,755		241,739
Residential real estate \| Home equity \| Traditional Banking
Loans disclosures
Total loans	255,755		241,739
Commercial real estate
Loans disclosures
Total loans	1,727,092		1,599,510
Commercial real estate \| Traditional Banking
Loans disclosures
Total loans	1,727,092		1,599,510
Construction & land development
Loans disclosures
Total loans	179,479		153,875
Construction & land development \| Traditional Banking
Loans disclosures
Total loans	179,479		153,875
Commercial \| Commercial and Industrial
Loans disclosures
Total loans	478,759		413,387
Commercial \| Commercial and Industrial \| Traditional Banking
Loans disclosures
Total loans	478,759		413,387
Aircraft
Loans disclosures
Total loans	208,512		179,785
Aircraft \| Traditional Banking
Loans disclosures
Total loans	208,512		179,785
Consumer
Loans disclosures
Total loans	28,126		23,556
Consumer \| Credit cards \| Traditional Banking
Loans disclosures
Total loans	17,134		15,473
Consumer \| Overdrafts \| Traditional Banking
Loans disclosures
Total loans	706		726
Consumer \| Automobile loans \| Traditional Banking
Loans disclosures
Total loans	4,177		6,731
Consumer \| Other consumer \| Traditional Banking
Loans disclosures
Total loans	6,109		626
Warehouse lines of credit
Loans disclosures
Total loans	539,560		403,560
Warehouse lines of credit \| Warehouse Lending
Loans disclosures
Total loans	539,560		403,560
Tax Refund Solution
Loans disclosures
Total loans	193		149,272
Tax Refund Solution \| Refund Advances \| Tax Refund Solutions
Loans disclosures
Total loans			97,505
Tax Refund Solution \| Other TRS commercial and industrial loans \| Tax Refund Solutions
Loans disclosures
Total loans	193		51,767
Republic Credit Solution
Loans disclosures
Total loans	118,721		107,828
Republic Credit Solution \| Republic Credit Solutions
Loans disclosures
Total loans	$ 118,721		$ 107,828

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Contractually receivable	$ 5,059,937	$ 4,519,136
Unearned income	(1,303)	(835)
Unamortized premiums	1,313	99
Unaccreted discounts	(3,721)	(479)
PPP net unamortized deferred origination (fees) and costs	(67)	(91)
Other net unamortized deferred origination (fees) and costs	(3,017)	(2,028)
Loans	$ 5,053,142	$ 4,515,802

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RISK CATEGORY (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Loans
Revolving Loans Amortized Cost Basis	$ 1,003,350		$ 1,003,350		$ 992,992
Revolving Loans Converted To Term Loans	125,673		125,673		110,803
Loans, Gross Charge-offs
Revolving Loans Amortized Cost Basis			32,473		24,323
Lease
Year One	26,163		26,163		5,469
Year Two	28,658		28,658		1,964
Year Three	13,197		13,197		542
Year Four	6,296		6,296		1,548
Prior	5,490		5,490		982
Total Loans	79,804		79,804		10,505
Loans and Lease
Year One	619,452		619,452		1,083,468
Year Two	1,078,159		1,078,159		887,197
Year Three	848,877		848,877		510,259
Year Four	492,320		492,320		303,266
Prior	885,311		885,311		627,817
Loans	5,053,142		5,053,142		4,515,802
Loans and Lease, Gross Charge-offs
Year One			126		21
Year Two			19		14
Year Three			15
Year Four					11
Prior			5
Total, YTD Gross Charge-offs	29,207	$ 14,314	32,638	$ 17,250	24,369
Pass or not rated
Loans
Revolving Loans Amortized Cost Basis	999,865		999,865		990,235
Revolving Loans Converted To Term Loans	125,673		125,673		110,803
Lease
Year One	26,163		26,163		5,469
Year Two	28,658		28,658		1,964
Year Three	13,197		13,197		542
Year Four	6,296		6,296		1,548
Prior	5,195		5,195		982
Total Loans	79,509		79,509		10,505
Loans and Lease
Year One	618,873		618,873		1,078,578
Year Two	1,074,192		1,074,192		860,795
Year Three	830,247		830,247		508,758
Year Four	490,494		490,494		280,501
Prior	833,888		833,888		597,660
Loans	4,973,232		4,973,232		4,427,330
Special Mention
Loans
Revolving Loans Amortized Cost Basis	1,192		1,192		744
Lease
Prior	162		162
Total Loans	162		162
Loans and Lease
Year One	579		579		3,660
Year Two	2,238		2,238		25,269
Year Three	17,163		17,163
Year Four	665		665		21,296
Prior	39,450		39,450		18,995
Loans	61,287		61,287		69,964
Substandard
Loans
Revolving Loans Amortized Cost Basis	2,293		2,293		2,013
Lease
Prior	133		133
Total Loans	133		133
Loans and Lease
Year One					1,230
Year Two	1,729		1,729		1,133
Year Three	1,467		1,467		1,501
Year Four	1,161		1,161		1,469
Prior	11,973		11,973		11,162
Loans	18,623		18,623		18,508
Residential real estate \| Residential Real Estate - Owner Occupied
Loans
Year One	228,708		228,708		232,868
Year Two	214,539		214,539		190,758
Year Three	187,335		187,335		189,505
Year Four	180,398		180,398		72,766
Prior	274,746		274,746		225,530
Revolving Loans Converted To Term Loans	1,025		1,025
Loans	1,086,751		1,086,751		911,427
Loans, Gross Charge-offs
Year One					21
Year Two			8
Year Three			7
Total			15		21
Residential real estate \| Residential Real Estate - Owner Occupied \| Pass or not rated
Loans
Year One	228,708		228,708		231,638
Year Two	212,810		212,810		189,495
Year Three	185,875		185,875		188,004
Year Four	179,237		179,237		71,306
Prior	257,247		257,247		208,296
Revolving Loans Converted To Term Loans	1,025		1,025
Loans	1,064,902		1,064,902		888,739
Residential real estate \| Residential Real Estate - Owner Occupied \| Special Mention
Loans
Year Two					160
Prior	6,710		6,710		7,240
Loans	6,710		6,710		7,400
Residential real estate \| Residential Real Estate - Owner Occupied \| Substandard
Loans
Year One					1,230
Year Two	1,729		1,729		1,103
Year Three	1,460		1,460		1,501
Year Four	1,161		1,161		1,460
Prior	10,789		10,789		9,994
Loans	15,139		15,139		15,288
Residential real estate \| Residential Real Estate - Non Owner Occupied
Loans
Year One	50,814		50,814		78,337
Year Two	72,662		72,662		91,808
Year Three	84,995		84,995		55,058
Year Four	50,396		50,396		32,803
Prior	83,246		83,246		57,205
Revolving Loans Converted To Term Loans	8,277		8,277		6,147
Loans	350,390		350,390		321,358
Residential real estate \| Residential Real Estate - Non Owner Occupied \| Pass or not rated
Loans
Year One	50,814		50,814		78,337
Year Two	72,662		72,662		91,778
Year Three	84,995		84,995		55,058
Year Four	50,396		50,396		32,803
Prior	83,144		83,144		57,053
Revolving Loans Converted To Term Loans	8,277		8,277		6,147
Loans	350,288		350,288		321,176
Residential real estate \| Residential Real Estate - Non Owner Occupied \| Special Mention
Loans
Prior	29		29		32
Loans	29		29		32
Residential real estate \| Residential Real Estate - Non Owner Occupied \| Substandard
Loans
Year Two					30
Prior	73		73		120
Loans	73		73		150
Residential real estate \| Home equity
Loans
Revolving Loans Amortized Cost Basis	255,755		255,755		241,739
Loans	255,755		255,755		241,739
Residential real estate \| Home equity \| Pass or not rated
Loans
Revolving Loans Amortized Cost Basis	254,090		254,090		240,704
Loans	254,090		254,090		240,704
Residential real estate \| Home equity \| Special Mention
Loans
Revolving Loans Amortized Cost Basis	106		106		171
Loans	106		106		171
Residential real estate \| Home equity \| Substandard
Loans
Revolving Loans Amortized Cost Basis	1,559		1,559		864
Loans	1,559		1,559		864
Commercial real estate
Loans
Year One	129,872		129,872		454,451
Year Two	468,122		468,122		406,187
Year Three	390,188		390,188		210,055
Year Four	202,957		202,957		139,224
Prior	399,849		399,849		263,985
Revolving Loans Amortized Cost Basis	23,296		23,296		25,817
Revolving Loans Converted To Term Loans	112,808		112,808		99,791
Loans	1,727,092		1,727,092		1,599,510
Loans, Gross Charge-offs
Year Two					9
Total					9
Commercial real estate \| Pass or not rated
Loans
Year One	129,293		129,293		451,327
Year Two	466,364		466,364		394,317
Year Three	385,492		385,492		210,055
Year Four	202,957		202,957		117,928
Prior	368,264		368,264		253,213
Revolving Loans Amortized Cost Basis	22,465		22,465		25,499
Revolving Loans Converted To Term Loans	112,808		112,808		99,791
Loans	1,687,643		1,687,643		1,552,130
Commercial real estate \| Special Mention
Loans
Year One	579		579		3,124
Year Two	1,758		1,758		11,870
Year Three	4,696		4,696
Year Four					21,296
Prior	30,629		30,629		9,967
Revolving Loans Amortized Cost Basis	831		831		318
Loans	38,493		38,493		46,575
Commercial real estate \| Substandard
Loans
Prior	956		956		805
Loans	956		956		805
Construction & land development
Loans
Year One	38,394		38,394		107,153
Year Two	114,290		114,290		43,289
Year Three	25,561		25,561		638
Year Four	531		531		641
Prior	429		429		373
Revolving Loans Amortized Cost Basis	274		274		1,781
Loans	179,479		179,479		153,875
Construction & land development \| Pass or not rated
Loans
Year One	38,394		38,394		107,153
Year Two	114,290		114,290		43,289
Year Three	25,561		25,561		638
Year Four	531		531		641
Prior	429		429		373
Revolving Loans Amortized Cost Basis	274		274		1,781
Loans	179,479		179,479		153,875
Commercial \| Commercial and Industrial
Loans
Year One	70,111		70,111		117,019
Year Two	104,524		104,524		95,670
Year Three	96,104		96,104		17,944
Year Four	18,407		18,407		36,254
Prior	71,692		71,692		38,123
Revolving Loans Amortized Cost Basis	114,358		114,358		103,512
Revolving Loans Converted To Term Loans	3,563		3,563		4,865
Loans	478,759		478,759		413,387
Commercial \| Commercial and Industrial \| Pass or not rated
Loans
Year One	70,111		70,111		116,483
Year Two	104,044		104,044		82,431
Year Three	83,637		83,637		17,944
Year Four	17,742		17,742		36,254
Prior	69,772		69,772		36,367
Revolving Loans Amortized Cost Basis	114,103		114,103		103,257
Revolving Loans Converted To Term Loans	3,563		3,563		4,865
Loans	462,972		462,972		397,601
Commercial \| Commercial and Industrial \| Special Mention
Loans
Year One					536
Year Two	480		480		13,239
Year Three	12,467		12,467
Year Four	665		665
Prior	1,920		1,920		1,756
Revolving Loans Amortized Cost Basis	255		255		255
Loans	15,787		15,787		15,786
Aircraft
Loans
Year One	43,840		43,840		65,399
Year Two	60,247		60,247		54,749
Year Three	49,496		49,496		35,085
Year Four	32,309		32,309		16,888
Prior	22,620		22,620		7,664
Loans	208,512		208,512		179,785
Aircraft \| Pass or not rated
Loans
Year One	43,840		43,840		65,399
Year Two	60,247		60,247		54,749
Year Three	49,496		49,496		35,085
Year Four	32,309		32,309		16,888
Prior	22,620		22,620		7,454
Loans	208,512		208,512		179,575
Aircraft \| Substandard
Loans
Prior					210
Loans					210
Consumer
Loans
Year One	1,278		1,278		415
Year Two	1,474		1,474		499
Year Three	697		697		168
Year Four	107		107		2,540
Prior	5,126		5,126		4,361
Revolving Loans Amortized Cost Basis	19,444		19,444		15,573
Loans	28,126		28,126		23,556
Loans, Gross Charge-offs
Year Two			11		5
Year Three			8
Year Four					11
Prior			5
Revolving Loans Amortized Cost Basis			531		1,274
Total			555		1,290
Consumer \| Pass or not rated
Loans
Year One	1,278		1,278		415
Year Two	1,474		1,474		499
Year Three	690		690		168
Year Four	107		107		2,531
Prior	5,104		5,104		4,328
Revolving Loans Amortized Cost Basis	19,444		19,444		15,573
Loans	28,097		28,097		23,514
Consumer \| Substandard
Loans
Year Three	7		7
Year Four					9
Prior	22		22		33
Loans	29		29		42
Warehouse lines of credit
Loans
Revolving Loans Amortized Cost Basis	539,560		539,560		403,560
Loans	539,560		539,560		403,560
Warehouse lines of credit \| Pass or not rated
Loans
Revolving Loans Amortized Cost Basis	539,560		539,560		403,560
Loans	539,560		539,560		403,560
Tax Refund Solution
Loans
Year One	193		193
Revolving Loans Amortized Cost Basis					149,272
Loans	193		193		149,272
Loans, Gross Charge-offs
Year One			126
Revolving Loans Amortized Cost Basis			25,824		11,659
Total			25,950		11,659
Tax Refund Solution \| Pass or not rated
Loans
Year One	193		193
Revolving Loans Amortized Cost Basis					149,272
Loans	193		193		149,272
Republic Credit Solution
Loans
Year One	30,079		30,079		22,357
Year Two	13,643		13,643		2,273
Year Three	1,304		1,304		1,264
Year Four	919		919		602
Prior	22,113		22,113		29,594
Revolving Loans Amortized Cost Basis	50,663		50,663		51,738
Loans	118,721		118,721		107,828
Loans, Gross Charge-offs
Revolving Loans Amortized Cost Basis			6,118		11,390
Total			6,118		11,390
Republic Credit Solution \| Pass or not rated
Loans
Year One	30,079		30,079		22,357
Year Two	13,643		13,643		2,273
Year Three	1,304		1,304		1,264
Year Four	919		919		602
Prior	22,113		22,113		29,594
Revolving Loans Amortized Cost Basis	49,929		49,929		50,589
Loans	117,987		117,987		106,679
Republic Credit Solution \| Substandard
Loans
Revolving Loans Amortized Cost Basis	734		734		1,149
Loans	$ 734		$ 734		$ 1,149

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES - ALLOWANCE ACTIVITY (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance	$ 96,121	$ 71,656	$ 70,413	$ 64,577	$ 64,577
Provision	6,139	3,665	32,905	12,898
Charge-offs	(29,207)	(14,314)	(32,638)	(17,250)	(24,369)
Recoveries	533	3,442	1,306	4,224
Ending Balance	72,202	64,449	$ 72,202	$ 64,449	70,413
Forecast period for unemployment and general CRE values			1 year	1 year
Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance	(1,384)		$ 216
Ending Balance					216
Core Banking Activities
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance	56,360	51,341	51,718	$ 51,533	51,533
Provision	2,062	(128)	5,181	(202)
Charge-offs	(239)	(245)	(570)	(508)
Recoveries	114	250	368	395
Ending Balance	56,913	51,218	56,913	51,218	51,718
Core Banking Activities \| Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance	(1,384)		216
Ending Balance					216
Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	1,350	109	110	91	91
Beginning Balance	55,216	49,616	50,709	49,407	49,407
Provision	(149)	10	499	28
Provision	1,860	106	4,844	433
Charge-offs	(239)	(245)	(570)	(508)
Recoveries	114	250	368	395
Ending balance	825	119	825	119	110
Ending Balance	55,567	49,727	55,567	49,727	50,709
Traditional Banking \| Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	(376)		216
Beginning Balance	(1,384)		216
Ending balance					216
Ending Balance					216
Republic Processing Group
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	39,761	20,315	18,695	13,044	13,044
Provision	4,077	3,793	27,724	13,100
Charge-offs	(28,968)	(14,069)	(32,068)	(16,742)
Recoveries	419	3,192	938	3,829
Ending balance	15,289	13,231	15,289	13,231	18,695
Residential real estate \| Residential Real Estate - Owner Occupied
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Charge-offs			(15)		(21)
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	8,798	8,358	8,909	8,647	8,647
Provision	1,100	62	980	(269)
Charge-offs	(9)		(15)
Recoveries	10	25	25	67
Ending balance	9,899	8,445	9,899	8,445	8,909
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	2,895	2,746	2,831	2,700	2,700
Provision	190	(14)	254	31
Recoveries	1	1	1	2
Ending balance	3,086	2,733	3,086	2,733	2,831
Residential real estate \| Home equity \| Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	4,660	4,044	4,628	4,111	4,111
Provision	110	(40)	141	(110)
Recoveries		109	1	112
Ending balance	4,770	4,113	4,770	4,113	4,628
Commercial real estate
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Charge-offs					(9)
Commercial real estate \| Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	24,827	24,624	23,739	23,769	23,769
Provision	250	(284)	1,291	570
Recoveries	12	1	59	2
Ending balance	25,089	24,341	25,089	24,341	23,739
Construction & land development \| Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	4,452	3,893	4,123	4,128	4,128
Provision	359	(302)	688	(537)
Ending balance	4,811	3,591	4,811	3,591	4,123
Commercial \| Commercial and Industrial \| Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	5,676	3,412	3,976	3,487	3,487
Provision	(365)	348	237	264
Recoveries	19	8	109	17
Ending balance	4,322	3,768	4,322	3,768	3,976
Commercial \| Commercial and Industrial \| Traditional Banking \| Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	(1,008)
Aircraft \| Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	461	378	449	357	357
Provision	60		72	43
Provision		22
Ending balance	521	400	521	400	449
Consumer
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Charge-offs			(555)		(1,290)
Consumer \| Credit cards \| Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	1,080	944	996	934	934
Provision	43	59	155	91
Charge-offs	(33)	(31)	(73)	(70)
Recoveries	13	22	25	39
Ending balance	1,103	994	1,103	994	996
Consumer \| Overdrafts \| Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	595	716	726	683	683
Provision	257	315	309	503
Charge-offs	(186)	(194)	(433)	(408)
Recoveries	40	64	104	123
Ending balance	706	901	706	901	726
Consumer \| Automobile loans \| Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	66	151	87	186	186
Provision	(16)	(32)	(32)	(68)
Charge-offs			(7)
Recoveries	3	3	5	4
Ending balance	53	122	53	122	87
Consumer \| Other consumer \| Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	356	241	135	314	314
Provision	21	(38)	250	(113)
Charge-offs	(11)	(20)	(42)	(30)
Recoveries	16	17	39	29
Ending balance	382	200	382	200	135
Warehouse lines of credit \| Warehouse Lending
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	1,144	1,725	1,009	2,126	2,126
Provision	202	(234)	337	(635)
Ending balance	1,346	1,491	1,346	1,491	1,009
Tax Refund Solution
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Charge-offs			(25,950)		(11,659)
Tax Refund Solution \| Refund Advances \| Tax Refund Solutions
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	25,797	8,315	3,797
Provision	(161)	564	21,554	8,879
Charge-offs	(25,824)	(11,505)	(25,824)	(11,505)
Recoveries	188	2,626	473	2,626
Ending balance					3,797
Tax Refund Solution \| Other TRS commercial and industrial loans \| Tax Refund Solutions
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	184	55	91	96	96
Provision	(58)	(204)	35	(607)
Charge-offs	(126)	(153)	(126)	(153)
Recoveries		302		664
Ending balance					91
Republic Credit Solution
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Charge-offs			(6,118)		(11,390)
Republic Credit Solution \| Republic Credit Solutions
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	13,780	11,945	14,807	12,948	12,948
Provision	4,296	3,433	6,135	4,828
Charge-offs	(3,018)	(2,411)	(6,118)	(5,084)
Recoveries	231	264	465	539
Ending balance	$ 15,289	$ 13,231	$ 15,289	$ 13,231	$ 14,807

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NON-PERFORMING LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 16,957	$ 15,562
Loans past due 90 days or more and still on accrual	547	756
Total nonperforming loans	17,504	16,318
Other real estate owned	1,478	1,581
Total nonperforming assets	$ 18,982	$ 17,899
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.35%	0.36%
Nonperforming assets to total loans (including OREO) (as percent)	0.38%	0.40%
Nonperforming assets to total assets (as percent)	0.30%	0.31%
Core Banking Activities
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 16,957	$ 15,562
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.34%	0.37%
Nonperforming assets to total loans (including OREO) (as percent)	0.37%	0.40%
Nonperforming assets to total assets (as percent)	0.32%	0.32%

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NONACCRUAL (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Aging or recorded investments in loans
Nonaccrual with ACLL	$ 1,207		$ 1,207		$ 3,324
Nonaccrual with no ACLL	15,750		15,750		12,238
Nonaccrual	16,957		16,957		15,562
Financing Receivable, 90 Days or More Past Due, Still Accruing	547		547		756
Interest Income Recognized on Nonaccrual Loans	351	$ 301	619	$ 1,100
Core Banking Activities
Aging or recorded investments in loans
Nonaccrual	16,957		16,957		15,562
Traditional Banking
Aging or recorded investments in loans
Nonaccrual	16,957		16,957		15,562
Republic Processing Group
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	547		547		756
Residential real estate \| Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	256		256		2,252
Nonaccrual with no ACLL	14,176		14,176		11,136
Nonaccrual	14,432		14,432		13,388
Interest Income Recognized on Nonaccrual Loans	232	154	438	257
Residential real estate \| Residential Real Estate - Owner Occupied \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	14,432		14,432		13,388
Residential real estate \| Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	23		23		56
Nonaccrual with no ACLL	49		49		61
Nonaccrual	72		72		117
Interest Income Recognized on Nonaccrual Loans	1	1	1	1
Residential real estate \| Residential Real Estate - Non Owner Occupied \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	72		72		117
Residential real estate \| Home equity
Aging or recorded investments in loans
Nonaccrual with no ACLL	1,498		1,498		815
Nonaccrual	1,498		1,498		815
Interest Income Recognized on Nonaccrual Loans	28	84	64	146
Residential real estate \| Home equity \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	1,498		1,498		815
Commercial real estate
Aging or recorded investments in loans
Nonaccrual with ACLL	927		927		1,001
Nonaccrual	927		927		1,001
Interest Income Recognized on Nonaccrual Loans	87	14	110	644
Commercial real estate \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	927		927		1,001
Consumer
Aging or recorded investments in loans
Nonaccrual with ACLL	1		1		15
Nonaccrual with no ACLL	27		27		226
Nonaccrual	28		28		241
Interest Income Recognized on Nonaccrual Loans	3	$ 48	6	$ 52
Consumer \| Automobile loans \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	27		27		31
Consumer \| Other consumer \| Traditional Banking
Aging or recorded investments in loans
Nonaccrual	1		1		210
Republic Credit Solution \| Republic Credit Solutions
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	$ 547		$ 547		$ 756

LOANS AND ALLOWANCE FOR CREDI_9

LOANS AND ALLOWANCE FOR CREDIT LOSSES - DELINQUENT LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Aging or recorded investments in loans
Lease financing receivables	$ 79,804	$ 10,505
Loans	5,053,142	4,515,802
30 - 59 Days Delinquent
Aging or recorded investments in loans
Loans	$ 11,061	$ 9,966
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.22%	0.22%
60 - 89 Days Delinquent
Aging or recorded investments in loans
Loans	$ 3,409	$ 3,241
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.07%	0.07%
90 + Days Delinquent
Aging or recorded investments in loans
Loans	$ 1,448	$ 2,053
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.03%	0.05%
Past Due
Aging or recorded investments in loans
Loans	$ 15,918	$ 15,260
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.32%	0.34%
Current
Aging or recorded investments in loans
Loans	$ 5,037,224	$ 4,500,542
Residential real estate \| Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	1,086,751	911,427
Residential real estate \| Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	350,390	321,358
Residential real estate \| Home equity
Aging or recorded investments in loans
Carrying value of loans	255,755	241,739
Commercial real estate
Aging or recorded investments in loans
Carrying value of loans	1,727,092	1,599,510
Construction & land development
Aging or recorded investments in loans
Carrying value of loans	179,479	153,875
Commercial \| Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	478,759	413,387
Aircraft
Aging or recorded investments in loans
Carrying value of loans	208,512	179,785
Consumer
Aging or recorded investments in loans
Carrying value of loans	28,126	23,556
Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	539,560	403,560
Tax Refund Solution
Aging or recorded investments in loans
Carrying value of loans	193	149,272
Republic Credit Solution
Aging or recorded investments in loans
Carrying value of loans	118,721	107,828
Core Banking Activities
Aging or recorded investments in loans
Loans	4,934,228	4,258,702
Core Banking Activities \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Loans	4,003	3,478
Core Banking Activities \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Loans	971	1,285
Core Banking Activities \| 90 + Days Delinquent
Aging or recorded investments in loans
Loans	901	1,297
Core Banking Activities \| Past Due
Aging or recorded investments in loans
Loans	5,875	6,060
Core Banking Activities \| Current
Aging or recorded investments in loans
Loans	4,928,353	4,252,642
Traditional Banking
Aging or recorded investments in loans
Lease financing receivables	79,804	10,505
Loans	4,394,668	3,855,142
Traditional Banking \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Loans	4,003	3,478
Traditional Banking \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Loans	971	1,285
Traditional Banking \| 90 + Days Delinquent
Aging or recorded investments in loans
Loans	901	1,297
Traditional Banking \| Past Due
Aging or recorded investments in loans
Loans	5,875	6,060
Traditional Banking \| Current
Aging or recorded investments in loans
Lease financing receivables	79,804	10,505
Loans	4,388,793	3,849,082
Traditional Banking \| Residential real estate \| Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	1,086,751	911,427
Traditional Banking \| Residential real estate \| Residential Real Estate - Owner Occupied \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	3,453	2,382
Traditional Banking \| Residential real estate \| Residential Real Estate - Owner Occupied \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	841	1,185
Traditional Banking \| Residential real estate \| Residential Real Estate - Owner Occupied \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	873	1,267
Traditional Banking \| Residential real estate \| Residential Real Estate - Owner Occupied \| Past Due
Aging or recorded investments in loans
Carrying value of loans	5,167	4,834
Traditional Banking \| Residential real estate \| Residential Real Estate - Owner Occupied \| Current
Aging or recorded investments in loans
Carrying value of loans	1,081,584	906,593
Traditional Banking \| Residential real estate \| Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	350,390	321,358
Traditional Banking \| Residential real estate \| Residential Real Estate - Non Owner Occupied \| Current
Aging or recorded investments in loans
Carrying value of loans	350,390	321,358
Traditional Banking \| Residential real estate \| Home equity
Aging or recorded investments in loans
Carrying value of loans	255,755	241,739
Traditional Banking \| Residential real estate \| Home equity \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	343	56
Traditional Banking \| Residential real estate \| Home equity \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	106	93
Traditional Banking \| Residential real estate \| Home equity \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	23	26
Traditional Banking \| Residential real estate \| Home equity \| Past Due
Aging or recorded investments in loans
Carrying value of loans	472	175
Traditional Banking \| Residential real estate \| Home equity \| Current
Aging or recorded investments in loans
Carrying value of loans	255,283	241,564
Traditional Banking \| Commercial real estate
Aging or recorded investments in loans
Carrying value of loans	1,727,092	1,599,510
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 \| Past Due
Aging or recorded investments in loans
Carrying value of loans		604
Traditional Banking \| Commercial real estate \| Current
Aging or recorded investments in loans
Carrying value of loans	1,727,092	1,598,906
Traditional Banking \| Construction & land development
Aging or recorded investments in loans
Carrying value of loans	179,479	153,875
Traditional Banking \| Construction & land development \| Current
Aging or recorded investments in loans
Carrying value of loans	179,479	153,875
Traditional Banking \| Commercial \| Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	478,759	413,387
Traditional Banking \| Commercial \| Commercial and Industrial \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans		177
Traditional Banking \| Commercial \| Commercial and Industrial \| Past Due
Aging or recorded investments in loans
Carrying value of loans		177
Traditional Banking \| Commercial \| Commercial and Industrial \| Current
Aging or recorded investments in loans
Carrying value of loans	478,759	413,210
Traditional Banking \| Aircraft
Aging or recorded investments in loans
Carrying value of loans	208,512	179,785
Traditional Banking \| Aircraft \| Current
Aging or recorded investments in loans
Carrying value of loans	208,512	179,785
Traditional Banking \| Consumer \| Credit cards
Aging or recorded investments in loans
Carrying value of loans	17,134	15,473
Traditional Banking \| Consumer \| Credit cards \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	24	50
Traditional Banking \| Consumer \| Credit cards \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	9	5
Traditional Banking \| Consumer \| Credit cards \| Past Due
Aging or recorded investments in loans
Carrying value of loans	33	55
Traditional Banking \| Consumer \| Credit cards \| Current
Aging or recorded investments in loans
Carrying value of loans	17,101	15,418
Traditional Banking \| Consumer \| Overdrafts
Aging or recorded investments in loans
Carrying value of loans	706	726
Traditional Banking \| Consumer \| Overdrafts \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	139	158
Traditional Banking \| Consumer \| Overdrafts \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans		1
Traditional Banking \| Consumer \| Overdrafts \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2	1
Traditional Banking \| Consumer \| Overdrafts \| Past Due
Aging or recorded investments in loans
Carrying value of loans	141	160
Traditional Banking \| Consumer \| Overdrafts \| Current
Aging or recorded investments in loans
Carrying value of loans	565	566
Traditional Banking \| Consumer \| Automobile loans
Aging or recorded investments in loans
Carrying value of loans	4,177	6,731
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 \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	7
Traditional Banking \| Consumer \| Automobile loans \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	3	3
Traditional Banking \| Consumer \| Automobile loans \| Past Due
Aging or recorded investments in loans
Carrying value of loans	10	11
Traditional Banking \| Consumer \| Automobile loans \| Current
Aging or recorded investments in loans
Carrying value of loans	4,167	6,720
Traditional Banking \| Consumer \| Other consumer
Aging or recorded investments in loans
Carrying value of loans	6,109	626
Traditional Banking \| Consumer \| Other consumer \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	44	43
Traditional Banking \| Consumer \| Other consumer \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	8	1
Traditional Banking \| Consumer \| Other consumer \| Past Due
Aging or recorded investments in loans
Carrying value of loans	52	44
Traditional Banking \| Consumer \| Other consumer \| Current
Aging or recorded investments in loans
Carrying value of loans	6,057	582
Warehouse Lending \| Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	539,560	403,560
Warehouse Lending \| Warehouse lines of credit \| Current
Aging or recorded investments in loans
Carrying value of loans	539,560	403,560
Republic Processing Group
Aging or recorded investments in loans
Carrying value of loans	118,914	257,100
Republic Processing Group \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	7,058	6,488
Republic Processing Group \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2,438	1,956
Republic Processing Group \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	547	756
Republic Processing Group \| Past Due
Aging or recorded investments in loans
Carrying value of loans	10,043	9,200
Republic Processing Group \| Current
Aging or recorded investments in loans
Carrying value of loans	108,871	247,900
Tax Refund Solutions \| Tax Refund Solution \| Refund Advances
Aging or recorded investments in loans
Carrying value of loans		97,505
Tax Refund Solutions \| Tax Refund Solution \| Refund Advances \| Current
Aging or recorded investments in loans
Carrying value of loans		97,505
Tax Refund Solutions \| Tax Refund Solution \| Other TRS commercial and industrial loans
Aging or recorded investments in loans
Carrying value of loans	193	51,767
Tax Refund Solutions \| Tax Refund Solution \| Other TRS commercial and industrial loans \| Current
Aging or recorded investments in loans
Carrying value of loans	193	51,767
Republic Credit Solutions \| Republic Credit Solution
Aging or recorded investments in loans
Carrying value of loans	118,721	107,828
Republic Credit Solutions \| Republic Credit Solution \| 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	7,058	6,488
Republic Credit Solutions \| Republic Credit Solution \| 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2,438	1,956
Republic Credit Solutions \| Republic Credit Solution \| 90 + Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	547	756
Republic Credit Solutions \| Republic Credit Solution \| Past Due
Aging or recorded investments in loans
Carrying value of loans	10,043	9,200
Republic Credit Solutions \| Republic Credit Solution \| Current
Aging or recorded investments in loans
Carrying value of loans	$ 108,678	$ 98,628

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COLLATERAL DEPENDENT LOANS (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 79,804	$ 10,505
Loans	$ 5,053,142	4,515,802
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	$ 1,086,751	911,427
Residential real estate \| Residential Real Estate - Non Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	350,390	321,358
Residential real estate \| Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	255,755	241,739
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,727,092	1,599,510
Construction & land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	179,479	153,875
Commercial \| Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	478,759	413,387
Aircraft
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	208,512	179,785
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	28,126	23,556
Traditional Banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	79,804	10,505
Loans	4,394,668	3,855,142
Traditional Banking \| Real Estate \| Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	19,339	20,215
Traditional Banking \| Personal Property \| Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	30	236
Traditional Banking \| Residential real estate \| Residential Real Estate - Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,086,751	911,427
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	17,178	18,057
Traditional Banking \| Residential real estate \| Residential Real Estate - Non Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	350,390	321,358
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	72	150
Traditional Banking \| Residential real estate \| Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	255,755	241,739
Traditional Banking \| Residential real estate \| Home equity \| Real Estate \| Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,130	967
Traditional Banking \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,727,092	1,599,510
Traditional Banking \| Commercial real estate \| Real Estate \| Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	959	1,041
Traditional Banking \| Construction & land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	179,479	153,875
Traditional Banking \| Commercial \| Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	478,759	413,387
Traditional Banking \| Aircraft
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	208,512	179,785
Traditional Banking \| Aircraft \| Personal Property \| Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		210
Traditional Banking \| Consumer \| Personal Property \| Asset Pledged as Collateral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 30	$ 26

LOANS AND ALLOWANCE FOR CRED_11

LOANS AND ALLOWANCE FOR CREDIT LOSSES - AMORTIZED COST OF LOANS AND LEASES (Details)	3 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2023 USD ($) loan	Jun. 30, 2022 USD ($) loan	Jun. 30, 2023 USD ($) loan	Dec. 31, 2022 loan
Financing Receivable, Modifications [Line Items]
Number of Loans with payment default \| loan	2	2	2
Recorded Investment with payment default	$ 168,000	$ 24,000	$ 168,000
Accruing number of contracts \| loan	423		424
Accruing recorded investments	$ 91,000		$ 93,000
Nonaccruing number of contracts \| loan	10		17
Nonaccruing recorded investments	$ 690,000		$ 1,327,000
Accruing percentage of total financing receivables			0%
Nonaccruing percentage of total financing receivables	0.01%		0.03%
Number of Loans \| loan				2,475
Current
Financing Receivable, Modifications [Line Items]
Accruing recorded investments	$ 91,000		$ 93,000
Nonaccruing recorded investments	522,000		1,159,000
90 + Days Delinquent
Financing Receivable, Modifications [Line Items]
Nonaccruing recorded investments	$ 168,000		$ 168,000
Republic Processing Group
Financing Receivable, Modifications [Line Items]
Accruing number of contracts \| loan	423		424
Accruing recorded investments	$ 91,000		$ 93,000
Accruing percentage of total financing receivables	0.08%		0.08%
Republic Processing Group \| Current
Financing Receivable, Modifications [Line Items]
Accruing recorded investments	$ 91,000		$ 93,000
Residential real estate
Financing Receivable, Modifications [Line Items]
Number of Loans \| loan				150
Residential real estate \| Residential Real Estate - Owner Occupied
Financing Receivable, Modifications [Line Items]
Nonaccruing number of contracts \| loan	6		12
Nonaccruing recorded investments	$ 547,000		$ 1,113,000
Nonaccruing percentage of total financing receivables	0.05%		0.10%
Residential real estate \| Residential Real Estate - Owner Occupied \| Current
Financing Receivable, Modifications [Line Items]
Nonaccruing recorded investments	$ 379,000		$ 945,000
Residential real estate \| Residential Real Estate - Owner Occupied \| 90 + Days Delinquent
Financing Receivable, Modifications [Line Items]
Nonaccruing recorded investments	$ 168,000		$ 168,000
Residential real estate \| Home equity
Financing Receivable, Modifications [Line Items]
Nonaccruing number of contracts \| loan	4		5
Nonaccruing recorded investments	$ 143,000		$ 214,000
Nonaccruing percentage of total financing receivables	0.06%		0.08%
Residential real estate \| Home equity \| Current
Financing Receivable, Modifications [Line Items]
Nonaccruing recorded investments	$ 143,000		$ 214,000
Rate reduction \| Residential real estate
Financing Receivable, Modifications [Line Items]
Number of Loans \| loan				70
Term Extension
Financing Receivable, Modifications [Line Items]
Number of Loans with payment default \| loan			2
Recorded Investment with payment default			$ 261,000
Nonaccruing number of contracts \| loan			2
Nonaccruing recorded investments			$ 261,000
Term Extension \| Residential real estate \| Residential Real Estate - Owner Occupied
Financing Receivable, Modifications [Line Items]
Number of Loans with payment default \| loan			2
Recorded Investment with payment default			$ 261,000
Principal deferral
Financing Receivable, Modifications [Line Items]
Number of Loans with payment default \| loan	433		439
Recorded Investment with payment default	$ 781,000		$ 1,159,000
Accruing number of contracts \| loan	423		424
Accruing recorded investments	$ 91,000		$ 93,000
Nonaccruing number of contracts \| loan	10		15
Nonaccruing recorded investments	$ 690,000		$ 1,066,000
Principal deferral \| Republic Processing Group
Financing Receivable, Modifications [Line Items]
Number of Loans with payment default \| loan	423		424
Recorded Investment with payment default	$ 91,000		$ 93,000
Principal deferral \| Home equity
Financing Receivable, Modifications [Line Items]
Number of Loans with payment default \| loan	4
Recorded Investment with payment default	$ 143,000
Principal deferral \| Residential real estate
Financing Receivable, Modifications [Line Items]
Number of Loans \| loan				7
Principal deferral \| Residential real estate \| Residential Real Estate - Owner Occupied
Financing Receivable, Modifications [Line Items]
Number of Loans with payment default \| loan	6		10
Recorded Investment with payment default	$ 547,000		$ 852,000
Principal deferral \| Residential real estate \| Home equity
Financing Receivable, Modifications [Line Items]
Number of Loans with payment default \| loan			5
Recorded Investment with payment default			$ 214,000

LOANS AND ALLOWANCE FOR CRED_12

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR MODIFICATIONS (Details) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2022 USD ($) loan	Dec. 31, 2022 USD ($) loan
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,475
Recorded Investment \| $			$ 12,026
Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	494	497
Recorded Investment \| $	$ 136	$ 605
Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,466
Recorded Investment \| $			$ 11,407
Performing Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	492	494
Recorded Investment \| $	$ 112	$ 554
Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			9
Recorded Investment \| $			$ 619
Nonperforming Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	2	3
Recorded Investment \| $	$ 24	$ 51
Residential real estate
Troubled Debt Restructurings disclosures
Number of Loans \| loan			150
Recorded Investment \| $			$ 10,772
Residential real estate \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			70
Recorded Investment \| $			$ 6,547
Residential real estate \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			7
Recorded Investment \| $			$ 699
Residential real estate \| Legal Modification
Troubled Debt Restructurings disclosures
Number of Loans \| loan			73
Recorded Investment \| $			$ 3,526
Residential real estate \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	5	8
Recorded Investment \| $	$ 59	$ 528
Residential real estate \| Modified During The Period \| Legal Modification
Troubled Debt Restructurings disclosures
Number of Loans \| loan	5	8
Recorded Investment \| $	$ 59	$ 528
Residential real estate \| Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			141
Recorded Investment \| $			$ 10,153
Residential real estate \| Performing Financing Receivable \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			67
Recorded Investment \| $			$ 6,305
Residential real estate \| Performing Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			7
Recorded Investment \| $			$ 699
Residential real estate \| Performing Financing Receivable \| Legal Modification
Troubled Debt Restructurings disclosures
Number of Loans \| loan			67
Recorded Investment \| $			$ 3,149
Residential real estate \| Performing Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	3	5
Recorded Investment \| $	$ 35	$ 477
Residential real estate \| Performing Financing Receivable \| Modified During The Period \| Legal Modification
Troubled Debt Restructurings disclosures
Number of Loans \| loan	3	5
Recorded Investment \| $	$ 35	$ 477
Residential real estate \| Nonperforming Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			9
Recorded Investment \| $			$ 619
Residential real estate \| Nonperforming Financing Receivable \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			3
Recorded Investment \| $			$ 242
Residential real estate \| Nonperforming Financing Receivable \| Legal Modification
Troubled Debt Restructurings disclosures
Number of Loans \| loan			6
Recorded Investment \| $			$ 377
Residential real estate \| Nonperforming Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	2	3
Recorded Investment \| $	$ 24	$ 51
Residential real estate \| Nonperforming Financing Receivable \| Modified During The Period \| Legal Modification
Troubled Debt Restructurings disclosures
Number of Loans \| loan	2	3
Recorded Investment \| $	$ 24	$ 51
Commercial related and construction/land development
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2
Recorded Investment \| $			$ 848
Commercial related and construction/land development \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1
Recorded Investment \| $			$ 847
Commercial related and construction/land development \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1
Recorded Investment \| $			$ 1
Commercial related and construction/land development \| Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2
Recorded Investment \| $			$ 848
Commercial related and construction/land development \| Performing Financing Receivable \| Rate reduction
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1
Recorded Investment \| $			$ 847
Commercial related and construction/land development \| Performing Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			1
Recorded Investment \| $			$ 1
Consumer
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,323
Recorded Investment \| $			$ 406
Consumer \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,320
Recorded Investment \| $			$ 393
Consumer \| Legal Modification
Troubled Debt Restructurings disclosures
Number of Loans \| loan			3
Recorded Investment \| $			$ 13
Consumer \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	489	489
Recorded Investment \| $	$ 77	$ 77
Consumer \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan	489	489
Recorded Investment \| $	$ 77	$ 77
Consumer \| Performing Financing Receivable
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,323
Recorded Investment \| $			$ 406
Consumer \| Performing Financing Receivable \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan			2,320
Recorded Investment \| $			$ 393
Consumer \| Performing Financing Receivable \| Legal Modification
Troubled Debt Restructurings disclosures
Number of Loans \| loan			3
Recorded Investment \| $			$ 13
Consumer \| Performing Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans \| loan	489	489
Recorded Investment \| $	$ 77	$ 77
Consumer \| Performing Financing Receivable \| Modified During The Period \| Principal deferral
Troubled Debt Restructurings disclosures
Number of Loans \| loan	489	489
Recorded Investment \| $	$ 77	$ 77

LOANS AND ALLOWANCE FOR CRED_13

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR MODIFIED CLASS (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) loan	Jun. 30, 2022 USD ($) loan	Jun. 30, 2023 USD ($) loan	Jun. 30, 2022 USD ($) loan
Troubled Debt Restructurings disclosures
Number of Loans with payment default \| loan	2	2	2
Recorded Investment with payment default \| $	$ 168,000	$ 24,000	$ 168,000
Nonperforming Financing Receivable \| Modified During The Period
Troubled Debt Restructurings disclosures
Number of Loans with payment default \| loan				3
Recorded Investment with payment default \| $				$ 51,000

LOANS AND ALLOWANCE FOR CRED_14

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSED PROPERTIES (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 1,478	$ 1,581
Commercial real estate
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 1,478	$ 1,581

LOANS AND ALLOWANCE FOR CRED_15

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSURE RECORDED INVESTMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
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	$ 1,611	$ 909

LOANS AND ALLOWANCE FOR CRED_16

LOANS AND ALLOWANCE FOR CREDIT LOSSES - REFUND ADVANCES (Details) - Tax Refund Solutions - USD ($) $ in Thousands	1 Months Ended	2 Months Ended		3 Months Ended		6 Months Ended
	Dec. 31, 2022	Feb. 28, 2023	Feb. 28, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Refund Advances
Period Refund Advance tax credit product offered		2 months	2 months
Refund Advances originated.						$ 737,047	$ 311,207
Net charge to the Provision for RAs, including ERAs				$ (161)	$ 564	$ 21,554	$ 8,879
Provision as a percentage of RAs, including ERAs, originated						2.92%	2.85%
Refund Advances net charge-offs (recoveries)				$ 25,636	$ 8,879	$ 25,351	$ 8,879
Refund Advances net charge-offs (recoveries) to total Refund Advances originated						3.44%	2.85%
Early Season Refund Advances
Early Season Refund Advances originated	$ 98,000

DEPOSITS - Balances (Details)

DEPOSITS - Balances (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Deposit Liabilities
Total interest-bearing deposits	$ 2,874,374	$ 2,629,077
Total non interest-bearing deposits	1,854,907	1,908,768
Total deposits	4,729,281	4,537,845
Core Banking Activities
Deposit Liabilities
Demand	1,161,743	1,336,082
Money market accounts	851,090	707,272
Savings	289,209	323,015
Reciprocal money market	169,619	28,635
Individual retirement accounts	34,227	38,640
Time deposits, $250 and over	91,036	54,855
Other certificates of deposit	186,053	129,324
Reciprocal time deposits	73,205	7,405
Wholesale brokered deposits	8,033
Total interest-bearing deposits	2,864,215	2,625,228
Total non interest-bearing deposits	1,405,543	1,464,493
Total deposits	4,269,758	4,089,721
Republic Processing Group
Deposit Liabilities
Money market accounts	10,159	3,849
Total interest-bearing deposits	10,159	3,849
Brokered prepaid cards deposits	344,441	328,655
Other noninterest-bearing deposits	104,923	115,620
Total non interest-bearing deposits	449,364	444,275
Total deposits	$ 459,523	$ 448,124

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Securities sold under agreements to repurchase
Outstanding balance at end of period	$ 92,093		$ 92,093		$ 216,956
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase
Securities pledged more than repurchase agreements (as a percent)	2%		2%
Outstanding balance at end of period	$ 92,093		$ 92,093		$ 216,956
Weighted average interest rate at end of period (as a percent)	0.43%		0.43%		0.41%
Fair Value of securities pledged	$ 92,450		$ 92,450		$ 254,296
Average outstanding balance during the period	$ 117,852	$ 294,388	$ 160,146	$ 297,263
Weighted average interest rate during the period (as a percent)	0.59%	0.07%	0.53%	0.05%
Maximum outstanding at any month end during the period	$ 121,835	$ 303,315	$ 224,067	$ 303,315
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	$ 92,450		$ 92,450		$ 254,296

RIGHT-OF-USE ASSETS AND OPERA_3

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Details)	6 Months Ended
	Jun. 30, 2023 USD ($) contract item	Dec. 31, 2022 USD ($)
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	38
Number of operating leases contracted with a related party of the Company \| contract	12
Number of operating leases considered variable	22
Right-of-use assets \| $	$ 34,939,000	$ 37,017,000
Third Party
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Number of third party lease extensions	1
Right-of-use assets \| $	$ 1,100,000
New Third Party
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES
Number of third party lease extensions	2
Right-of-use assets \| $	$ 278,000

RIGHT-OF-USE ASSETS AND OPERA_4

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES - OPERATING LEASE EXPENSE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Operating lease expense:
Total operating lease expense	$ 2,018	$ 1,895	$ 4,001	$ 3,737
Cash paid for amounts included in the measurement of operating lease liabilities	1,771	1,705	3,500	3,412
Cash paid for variable rent payments not included in measurement of operating lease liabilities	$ 151	151	$ 302	302
Weighted average remaining term in years	7 years 11 months 15 days		7 years 11 months 15 days		8 years 5 months 8 days
Weighted average discount rate	2.13%		2.13%		2.10%
Related Party [Member]
Operating lease expense:
Variable lease expense	$ 1,205	1,269	$ 2,429	2,535
Fixed lease expense	58	57	117	92
Third Party
Operating lease expense:
Variable lease expense	369	220	680	417
Fixed lease expense	$ 386	$ 349	$ 775	$ 693

RIGHT-OF-USE ASSETS AND OPERA_5

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES - OPERATING LEASE LIABILITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Operating lease liabilities
2023	$ 3,245
2024	6,173
2025	5,412
2026	5,131
2027	4,840
Thereafter	15,381
Total undiscounted cash flows	40,182
Discount applied to cash flows	(4,461)
Total discounted cash flows reported as operating lease liabilities	35,721	$ 37,809
Related Party [Member]
Operating lease liabilities
2023	1,923
2024	3,726
2025	3,570
2026	3,640
2027	3,680
Thereafter	11,751
Total undiscounted cash flows	28,290
Discount applied to cash flows	(3,035)
Total discounted cash flows reported as operating lease liabilities	25,255
Third Party
Operating lease liabilities
2023	1,322
2024	2,447
2025	1,842
2026	1,491
2027	1,160
Thereafter	3,630
Total undiscounted cash flows	11,892
Discount applied to cash flows	(1,426)
Total discounted cash flows reported as operating lease liabilities	$ 10,466

FEDERAL HOME LOAN BANK ADVANC_3

FEDERAL HOME LOAN BANK ADVANCES - FHLB ADVANCES (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
FHLB advances
Total FHLB advances	$ 520,000	$ 95,000
Additional collateralized advances available	543,000	900,000
Overnight advance with an interest rate of 0.11% due on July 1, 2014
FHLB advances
Total FHLB advances	450,000	75,000
Fixed interest rate advances with a weighted average interest rate of 1.91% due through 2021
FHLB advances
Total FHLB advances	70,000	20,000
Various other unsecured lines of credit
FHLB advances
Unsecured lines of credit	$ 125,000	$ 125,000

FEDERAL HOME LOAN BANK ADVANC_4

FEDERAL HOME LOAN BANK ADVANCES - MATURITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
FEDERAL HOME LOAN BANK ADVANCES
2023	$ 450,000
2026	20,000
2027	50,000
Total	$ 520,000	$ 95,000
Weighted Average Rate
2023	5.09%
2026	1.89%
2027	4.17%
Total	4.88%

FEDERAL HOME LOAN BANK ADVANC_5

FEDERAL HOME LOAN BANK ADVANCES - SHORT-TERM FHLB ADVANCES (Details) - Federal Home Loan Bank advances. - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023
FHLB advances
Average outstanding balance during the period	$ 226,659	$ 226,006
Weighted average interest rate during the period (as percent)	5.20%	4.82%
Maximum outstanding at any month end during the period	$ 450,000	$ 450,000

FEDERAL HOME LOAN BANK ADVANC_6

FEDERAL HOME LOAN BANK ADVANCES - LOANS PLEDGED (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
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	$ 1,303,563	$ 1,106,287
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	$ 232,304	$ 219,644

OFF BALANCE SHEET RISKS, COMM_3

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Commitments and letters of credit
Loan commitment, line credit	$ 2,057,508		$ 2,057,508		$ 2,105,396
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	1,460	$ 1,040	1,250	$ 1,052
Provision	70	60	280	48
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	1,530	1,100	1,530	1,100
Unused warehouse lines of credit
Commitments and letters of credit
Loan commitment, line credit	440,940		440,940		733,940
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	198	130	190	154
Provision	(53)	32	(45)	8
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	145	162	145	162
Unused home equity lines of credit
Commitments and letters of credit
Loan commitment, line credit	430,954		430,954		410,057
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	341	256	332	247
Provision	12	21	21	30
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	353	277	353	277
Unused construction lines of credit
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	547		384
Provision	86		249
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	633		633
Unused loan commitments - other
Commitments and letters of credit
Loan commitment, line credit	1,175,149		1,175,149		951,021
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	374	654	344	651
Provision	25	7	55	10
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	399	$ 661	399	$ 661
Standby letters of credit
Commitments and letters of credit
Loan commitment, line credit	10,232		10,232		9,735
FHLB letters of credit
Commitments and letters of credit
Loan commitment, line credit	$ 233		$ 233		$ 643

FAIR VALUE - RECURRING BASIS (D

FAIR VALUE - RECURRING BASIS (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Financial assets:
Total available-for-sale debt securities		$ 604,150		$ 604,150			$ 620,365
Mortgage loans held for sale, at fair value		4,038	$ 8,491	4,038	$ 8,491	$ 1,034	1,302	$ 13,302	$ 29,393
Consumer loans held for sale		5,757	17,459	5,757	17,459	$ 4,688	4,706	$ 11,709	$ 19,747
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value		$ 122		$ 122			111
Installment loan \| Republic Credit Solutions
Financial Liabilities:
Term for intent to sell loans	16 days			16 days
Installment loan \| Republic Credit Solutions \| Minimum
Financial Liabilities:
Loan held-for-sale term	12 months	12 months		12 months
Installment loan \| Republic Credit Solutions \| Maximum
Financial Liabilities:
Loan held-for-sale term	60 months	60 months		60 months
Term for intent to sell loans				16 days
U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities		$ 407,357		$ 407,357			411,141
Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities		1,988		1,988			2,127
Mortgage backed securities - residential
Financial assets:
Total available-for-sale debt securities		166,287		166,287			171,873
Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities		22,747		22,747			21,368
Corporate bonds
Financial assets:
Total available-for-sale debt securities		2,025		2,025			10,001
Trust Preferred Securities
Financial assets:
Total available-for-sale debt securities		3,746		3,746			3,855
Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value		122		122			111
Recurring basis
Financial assets:
Total available-for-sale debt securities		604,150		604,150			620,365
Mortgage loans held for sale, at fair value		4,038		4,038			1,302
Consumer loans held for sale		5,757		5,757			4,706
Consumer loans held for investment							2
Rate lock loan commitments		189		189			2
Interest rate swap agreements		7,829		7,829			8,128
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value		122		122			111
Financial Liabilities:
Mandatory forward contracts		61		61			67
Interest rate swap agreements		7,829		7,829			8,128
Transfers between Level 1, 2 or 3		0	$ 0	0	$ 0
Recurring basis \| U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities		407,357		407,357			411,141
Recurring basis \| Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities		1,988		1,988			2,127
Recurring basis \| Mortgage backed securities - residential
Financial assets:
Total available-for-sale debt securities		166,287		166,287			171,873
Recurring basis \| Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities		22,747		22,747			21,368
Recurring basis \| Corporate bonds
Financial assets:
Total available-for-sale debt securities		2,025		2,025			10,001
Recurring basis \| Trust Preferred Securities
Financial assets:
Total available-for-sale debt securities		3,746		3,746			3,855
Recurring basis \| Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value		122		122			111
Recurring basis \| Fair Value, Inputs, Level 1
Financial assets:
Total available-for-sale debt securities		174,323		174,323			193,385
Recurring basis \| Fair Value, Inputs, Level 1 \| U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities		174,323		174,323			193,385
Recurring basis \| Fair Value, Inputs, Level 2
Financial assets:
Total available-for-sale debt securities		424,093		424,093			420,998
Mortgage loans held for sale, at fair value		4,038		4,038			1,302
Rate lock loan commitments		189		189			2
Interest rate swap agreements		7,829		7,829			8,128
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value		122		122			111
Financial Liabilities:
Mandatory forward contracts		61		61			67
Interest rate swap agreements		7,829		7,829			8,128
Recurring basis \| Fair Value, Inputs, Level 2 \| U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities		233,034		233,034			217,756
Recurring basis \| Fair Value, Inputs, Level 2 \| Mortgage backed securities - residential
Financial assets:
Total available-for-sale debt securities		166,287		166,287			171,873
Recurring basis \| Fair Value, Inputs, Level 2 \| Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities		22,747		22,747			21,368
Recurring basis \| Fair Value, Inputs, Level 2 \| Corporate bonds
Financial assets:
Total available-for-sale debt securities		2,025		2,025			10,001
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		122		122			111
Recurring basis \| Fair Value, Inputs, Level 3
Financial assets:
Total available-for-sale debt securities		5,734		5,734			5,982
Consumer loans held for sale		5,757		5,757			4,706
Consumer loans held for investment							2
Recurring basis \| Fair Value, Inputs, Level 3 \| Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities		1,988		1,988			2,127
Recurring basis \| Fair Value, Inputs, Level 3 \| Trust Preferred Securities
Financial assets:
Total available-for-sale debt securities		$ 3,746		$ 3,746			$ 3,855

FAIR VALUE - RECONCILIATION USI

FAIR VALUE - RECONCILIATION USING SIGNIFICANT UNOBSERVABLE INPUTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Private label mortgage backed security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	$ 2,010	$ 2,602	$ 2,127	$ 2,731
Net change in unrealized gain	26	(15)	32	9
Principal paydowns	(48)	(109)	(171)	(262)
Balance, end of period	1,988	2,478	1,988	2,478
Trust Preferred Securities
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	4,001	3,725	3,855	3,847
Discount accretion	15	14	29	28
Net change in unrealized gain	(270)	85	(138)	(51)
Balance, end of period	$ 3,746	$ 3,824	$ 3,746	$ 3,824

FAIR VALUE - RECURRING LEVEL 3

FAIR VALUE - RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 $ in Thousands	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Private label mortgage backed security \| Recurring basis
Fair value inputs quantitative information
Mortgage backed security fair value	$ 1,988	$ 2,127
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	0.027	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	0.12	0.25
Private label mortgage backed security \| Maximum \| Recurring basis \| Constant Prepayment Rate
Fair value inputs quantitative information
Measurable input	0.045	0.047
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	0.35
Consumer Loans Held For Sale \| Nonrecurring basis
Fair value inputs quantitative information
Consumer Loans Held for Sale Fair Value	$ 5,757	$ 4,706
Consumer Loans Held For Sale \| Nonrecurring basis \| Net Premium
Fair value inputs quantitative information
Loans Held-for-sale, Measurement Input	0.0015	0.0015
Consumer Loans Held For Sale \| Nonrecurring basis \| Discount sales
Fair value inputs quantitative information
Loans Held-for-sale, Measurement Input	0.1000	0.1000

FAIR VALUE - GAINS AND LOSSES (

FAIR VALUE - GAINS AND LOSSES (Details) $ in Thousands	3 Months Ended		6 Months Ended
FAIR VALUE - GAINS AND LOSSES (Details) $ in Thousands	Jun. 30, 2023 USD ($) loan	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) loan	Jun. 30, 2022 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($) loan	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Fair Value, Option
Aggregate fair value	$ 4,038	$ 8,491	$ 4,038	$ 8,491	$ 1,034	$ 1,302	$ 13,302	$ 29,393
Contractual balance	$ 5,059,937		$ 5,059,937			$ 4,519,136
Mortgage loans held for sale
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual \| loan	0		0			0
Aggregate fair value	$ 4,038		$ 4,038			$ 1,302
Contractual balance	3,961		3,961			1,265
Unrealized (loss) gain	77		77			$ 37
Total included in earnings	108	262	161	(240)
Mortgage loans held for sale \| Interest Income
Fair Value, Option
Total included in earnings	61	153	122	357
Mortgage loans held for sale \| Change In Fair Value
Fair Value, Option
Total included in earnings	$ 47	109	$ 39	(597)
Consumer Loans Held For Sale
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual \| loan	0		0			0
Aggregate fair value	$ 5,757		$ 5,757			$ 4,706
Contractual balance	5,791		5,791			4,734
Unrealized (loss) gain	(34)		(34)			$ (28)
Total included in earnings	940	2,809	1,708	5,662
Consumer Loans Held For Sale \| Interest Income
Fair Value, Option
Total included in earnings	949	2,990	1,714	5,880
Consumer Loans Held For Sale \| Change In Fair Value
Fair Value, Option
Total included in earnings	$ (9)	$ (181)	$ (6)	$ (218)

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NON-RECURRING BASIS (Details) - Nonrecurring basis - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fair Value Disclosures
Impaired loan on non-recurring basis	$ 2,049	$ 2,362
Other real estate owned	1,478	1,581
Residential real estate
Fair Value Disclosures
Other real estate owned		1,581
Residential real estate \| Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	1,198	1,456
Commercial real estate
Fair Value Disclosures
Impaired loan on non-recurring basis	851	906
Other real estate owned	1,478
Fair Value, Inputs, Level 3
Fair Value Disclosures
Impaired loan on non-recurring basis	2,049	2,362
Other real estate owned	1,478	1,581
Fair Value, Inputs, Level 3 \| Residential real estate
Fair Value Disclosures
Other real estate owned		1,581
Fair Value, Inputs, Level 3 \| Residential real estate \| Residential Real Estate - Owner Occupied
Fair Value Disclosures
Impaired loan on non-recurring basis	1,198	1,456
Fair Value, Inputs, Level 3 \| Commercial real estate
Fair Value Disclosures
Impaired loan on non-recurring basis	851	$ 906
Other real estate owned	$ 1,478

FAIR VALUE - NON-RECURRING LEVE

FAIR VALUE - NON-RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 - Nonrecurring basis - Sale comparison approach $ in Thousands	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Collateral Dependent Loans \| Residential real estate \| Residential Real Estate - Owner Occupied
Fair value inputs quantitative information
Fair Value	$ 1,198	$ 1,456
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	0.35	0.41
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	0.111	0.11
Collateral Dependent Loans \| Commercial real estate
Fair value inputs quantitative information
Fair Value	$ 851	$ 906
Collateral Dependent Loans \| Commercial real estate \| Comparability Adjustment
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.16	0.16
Collateral Dependent Loans \| Commercial real estate \| Comparability Adjustment \| Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.16	0.16
Other Real Estate Owned \| Commercial real estate
Fair value inputs quantitative information
Fair Value	$ 1,478	$ 1,581
Other Real Estate Owned \| Commercial real estate \| Comparability Adjustment
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.39	0.39
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	0.39

FAIR VALUE - COLLATERAL-DEPENDE

FAIR VALUE - COLLATERAL-DEPENDENT LOANS (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Inputs, Level 3 \| Nonrecurring basis
Provision for impairment on loan, lease and other losses
Provisions on collateral-dependent loans	$ 7	$ 14	$ 4

FAIR VALUE - OTHER REAL ESTATE

FAIR VALUE - OTHER REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Fair Value Disclosures
Total Carrying value of other real estate owned	$ 1,478		$ 1,478		$ 1,581
Other real estate owned write-downs during the period			105	$ 105
Nonrecurring basis
Fair Value Disclosures
Other real estate owned write-downs during the period	52	$ 54	105	$ 105
Nonrecurring basis \| Other Real Estate Owned
Fair Value Disclosures
Other real estate owned carried at fair value	1,478		1,478		1,581
Total Carrying value of other real estate owned	$ 1,478		1,478		1,581
Other real estate owned write-downs during the period			$ 105		$ 211

FAIR VALUE - CARRYING AMOUNTS A

FAIR VALUE - CARRYING AMOUNTS AND FV OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Assets:
Available-for-sale debt securities	$ 604,150		$ 620,365
Held-to-maturity debt securities	101,190		87,357
Equity securities with readily determinable fair value	122		111
Mortgage loans held for sale, at fair value	4,038	$ 1,034	1,302	$ 8,491	$ 13,302	$ 29,393
Consumer loans held for sale, at fair value	5,757	4,688	4,706	17,459	11,709	19,747
Consumer loans held for sale, at the lower of cost or fair value	15,787	$ 12,744	13,169	$ 13,777	$ 3,026	$ 2,937
Carrying Value
Assets:
Cash and cash equivalents	241,967		313,689
Available-for-sale debt securities	604,150		620,365
Held-to-maturity debt securities	101,966		87,386
Equity securities with readily determinable fair value	122		111
Mortgage loans held for sale, at fair value	4,038		1,302
Consumer loans held for sale, at fair value	5,757		4,706
Consumer loans held for sale, at the lower of cost or fair value	15,787		13,169
Loans, net	4,980,940		4,445,389
Federal Home Loan Bank stock	29,395		9,146
Accrued interest receivable	16,157		13,572
Mortgage servicing rights	7,995		8,769
Rate lock loan commitments	189		2
Interest rate swap agreements	7,829		8,128
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	92,450		216,956
Federal Home Loan Bank advances	520,000		95,000
Accrued interest payable	868		239
Mandatory forward contracts	61		67
Interest rate swap agreements	7,829		8,128
Carrying Value \| Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,854,907		1,908,768
Carrying Value \| Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,489,853		2,398,853
Carrying Value \| Time deposits
Liabilities:
Deposit liabilities, fair value	384,521		230,224
Total Fair Value
Assets:
Cash and cash equivalents	241,967		313,689
Available-for-sale debt securities	604,150		620,365
Held-to-maturity debt securities	101,190		87,357
Equity securities with readily determinable fair value	122		111
Mortgage loans held for sale, at fair value	4,038		1,302
Consumer loans held for sale, at fair value	5,757		4,706
Consumer loans held for sale, at the lower of cost or fair value	15,787		13,169
Loans, net	4,725,917		4,276,423
Accrued interest receivable	16,157		13,572
Mortgage servicing rights	16,955		17,592
Rate lock loan commitments	189		2
Interest rate swap agreements	7,829		8,128
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	92,450		216,956
Federal Home Loan Bank advances	516,307		93,044
Accrued interest payable	868		239
Mandatory forward contracts	61		67
Interest rate swap agreements	7,829		8,128
Total Fair Value \| Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,854,907		1,908,768
Total Fair Value \| Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,489,853		2,398,853
Total Fair Value \| Time deposits
Liabilities:
Deposit liabilities, fair value	378,663		223,912
Total Fair Value \| Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	241,967		313,689
Available-for-sale debt securities	174,323		193,385
Total Fair Value \| Fair Value, Inputs, Level 2
Assets:
Available-for-sale debt securities	424,093		420,998
Held-to-maturity debt securities	101,190		87,357
Equity securities with readily determinable fair value	122		111
Mortgage loans held for sale, at fair value	4,038		1,302
Accrued interest receivable	2,624		2,462
Mortgage servicing rights	16,955		17,592
Rate lock loan commitments	189		2
Interest rate swap agreements	7,829		8,128
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	92,450		216,956
Federal Home Loan Bank advances	516,307		93,044
Accrued interest payable	868		239
Mandatory forward contracts	61		67
Interest rate swap agreements	7,829		8,128
Total Fair Value \| Fair Value, Inputs, Level 2 \| Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,854,907		1,908,768
Total Fair Value \| Fair Value, Inputs, Level 2 \| Transaction deposits
Liabilities:
Deposit liabilities, fair value	2,489,853		2,398,853
Total Fair Value \| Fair Value, Inputs, Level 2 \| Time deposits
Liabilities:
Deposit liabilities, fair value	378,663		223,912
Total Fair Value \| Fair Value, Inputs, Level 3
Assets:
Available-for-sale debt securities	5,734		5,982
Consumer loans held for sale, at fair value	5,757		4,706
Consumer loans held for sale, at the lower of cost or fair value	15,787		13,169
Loans, net	4,725,917		4,276,423
Accrued interest receivable	$ 13,533		$ 11,110

MORTGAGE BANKING ACTIVITIES - M

MORTGAGE BANKING ACTIVITIES - MORTGAGE LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 1,034	$ 13,302	$ 1,302	$ 29,393
Origination of mortgage loans held for sale	13,948	61,489	29,890	162,150
Proceeds from the sale of mortgage loans held for sale	(11,483)	(67,759)	(28,113)	(186,971)
Net gain on sale of mortgage loans held for sale	539	1,459	959	3,919
Balance, end of period	$ 4,038	$ 8,491	$ 4,038	$ 8,491

MORTGAGE BANKING ACTIVITIES - C

MORTGAGE BANKING ACTIVITIES - COMPONENTS OF INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Mortgage servicing rights
Net gain realized on sale of mortgage loans held for sale	$ 357	$ 2,674	$ 605	$ 5,407
Net gain recognized	539	1,459	959	3,919
Loan servicing income	852	884	1,722	1,749
Amortization of mortgage servicing rights	(484)	(580)	(974)	(1,248)
Net servicing income recognized	368	304	748	501
Total Mortgage Banking income	907	1,763	1,707	4,420
Mortgage Loans Held for Sale
Mortgage servicing rights
Net change in fair value	47	109	39	(597)
Rate lock loan commitments
Mortgage servicing rights
Net change in fair value	93	(222)	187	(1,184)
Mandatory forward contracts
Mortgage servicing rights
Net change in fair value	$ 42	$ (1,102)	$ 128	$ 293

MORTGAGE BANKING ACTIVITIES -_2

MORTGAGE BANKING ACTIVITIES - CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 8,406	$ 9,502	$ 8,769	$ 9,196
Additions	73	485	200	1,459
Amortized to expense	(484)	(580)	(974)	(1,248)
Balance, end of period	$ 7,995	$ 9,407	$ 7,995	$ 9,407

MORTGAGE BANKING ACTIVITIES - V

MORTGAGE BANKING ACTIVITIES - VALUATION OF CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Beginning valuation allowance	$ 0	$ 0	$ 0	$ 0
Charge during the period	0	0	0	0
Ending valuation allowance	$ 0	$ 0	$ 0	$ 0

MORTGAGE BANKING ACTIVITIES - O

MORTGAGE BANKING ACTIVITIES - OTHER INFORMATION RELATING TO MSRS (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
MORTGAGE BANKING ACTIVITIES
Fair value of mortgage servicing rights portfolio	$ 16,955	$ 17,145
Monthly weighted average prepayment rate of unpaid principal balance (as percent)	121%	127%
Discount rate (as percent)	10.29%	10.21%
Weighted average foreclosure rate	0.07%	0.10%
Weighted average life in years	7 years 8 months 4 days	7 years 6 months 14 days

MORTGAGE BANKING ACTIVITIES - N

MORTGAGE BANKING ACTIVITIES - NOTIONAL AMOUNTS AND FV (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Mortgage servicing rights
Derivative instruments expiration period	90 days
Mortgage loans held for sale
Information about derivatives and swaps
Derivative Assets, Notional Amount	$ 3,961	$ 1,265
Fair Value, Assets	4,038	1,302
Rate lock loan commitments
Information about derivatives and swaps
Derivative Assets, Notional Amount	12,896	4,118
Fair Value, Assets	189	2
Mandatory forward contracts
Information about derivatives and swaps
Derivative Liabilities, Notional Amount	10,057	4,009
Fair Value, Liabilities	$ 61	$ 67

INTEREST RATE SWAPS - NON-HEDGE

INTEREST RATE SWAPS - NON-HEDGE (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Counterparty
Information about derivatives and swaps
Fair value of securities pledged as collateral	$ 4,900,000	$ 560,000
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	286,116,000	263,336,000
Interest rate swap \| Non-Hedge \| Bank Clients
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	42,932,000	40,032,000
Interest rate swaps with Bank clients - Liabilities, Notional Amount	100,126,000	91,636,000
Interest rate swaps with Bank clients - Total, Notional Amount	143,058,000	131,668,000
Interest rate swaps with Bank clients - Assets	1,224,000	1,386,000
Interest rate swaps with Bank clients - Liabilities	(6,605,000)	(6,742,000)
Interest rate swaps with Bank clients - Total, Fair Value	(5,381,000)	(5,356,000)
Interest rate swap \| Non-Hedge \| Counterparty
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	100,126,000	91,636,000
Interest rate swaps with Bank clients - Liabilities, Notional Amount	42,932,000	40,032,000
Interest rate swaps with Bank clients - Total, Notional Amount	143,058,000	131,668,000
Offsetting interest rate swaps with institutional swap dealer - Assets, Fair Value	6,605,000	6,742,000
Offsetting interest rate swaps with institutional swap dealer - Liabilities, Fair Value	(1,224,000)	(1,386,000)
Offsetting interest rate swaps with institutional swap dealer - Total, Fair Value	$ 5,381,000	$ 5,356,000

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
EARNINGS PER SHARE
Net Income (Loss)	$ 21,052	$ 24,347	$ 49,144	$ 52,697
Dividends declared on Common Stock:
Undistributed net income for basic earnings per share	13,782	17,630	34,559	39,228
Weighted average potential dividends on Class A shares upon exercise of dilutive options	(8)	(21)	(39)	(49)
Undistributed net income for diluted earnings per share	$ 13,774	$ 17,609	$ 34,520	$ 39,179
Weighted average shares outstanding:
Effect of dilutive securities on Class A Shares outstanding	22,000	62,000	52,000	71,000
Weighted average shares outstanding including dilutive securities	19,906,000	20,169,000	19,961,000	20,202,000
Employee Stock Option [Member]
Diluted earnings per share:
Antidilutive stock options (in shares)	245,148	187,000	245,898	186,000
Employee Stock Option [Member] \| Weighted Average
Diluted earnings per share:
Antidilutive stock options (in shares)	120,682	184,000	245,565	178,000
Class A Common Stock
EARNINGS PER SHARE
Cash dividend premium per share (as a percent)			10%
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (6,537)	$ (6,047)	$ (13,118)	$ (12,128)
Weighted average shares outstanding:
Weighted average shares outstanding	17,726,000	17,946,000	17,750,000	17,968,000
Basic earnings per share:
Per share dividends distributed	$ 0.37	$ 0.34	$ 0.75	$ 0.68
Undistributed earnings per share	0.70	0.89	1.75	1.97
Total basic earnings per share	1.07	1.23	2.50	2.65
Diluted earnings per share:
Per share dividends distributed	0.37	0.34	0.75	0.68
Undistributed earnings per share	0.70	0.88	1.75	1.96
Total diluted earnings per share	$ 1.07	$ 1.22	$ 2.50	$ 2.64
Class B Common Stock
Dividends declared on Common Stock:
Dividends declared on Common Stock	$ (733)	$ (670)	$ (1,467)	$ (1,341)
Weighted average shares outstanding:
Weighted average shares outstanding	2,158,000	2,161,000	2,159,000	2,163,000
Basic earnings per share:
Per share dividends distributed	$ 0.34	$ 0.31	$ 0.68	$ 0.62
Undistributed earnings per share	0.64	0.81	1.59	1.79
Total basic earnings per share	0.98	1.12	2.27	2.41
Diluted earnings per share:
Per share dividends distributed	0.34	0.31	0.68	0.62
Undistributed earnings per share	0.64	0.80	1.59	1.78
Total diluted earnings per share	$ 0.98	$ 1.11	$ 2.27	$ 2.40

OTHER COMPREHENSIVE INCOME - CO

OTHER COMPREHENSIVE INCOME - COMPONENTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Available-for-Sale Debt Securities:
Unrealized gain (loss) on AFS debt securities	$ (4,418)	$ (10,133)	$ 787	$ (31,382)
Unrealized gain (loss) on AFS debt security for which a portion of OTTI has been recognized in earnings	28	(15)	33	9
Total other comprehensive income (loss) before income tax	(4,390)	(10,148)	820	(31,373)
Income tax benefit (expense) related to items of other comprehensive income	1,096	2,537	(209)	7,845
Total other comprehensive income (loss), net of tax	$ (3,294)	$ (7,611)	$ 611	$ (23,528)

OTHER COMPREHENSIVE INCOME - AO

OTHER COMPREHENSIVE INCOME - AOCI Changes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Summary of the AOCI balances, net of tax
Balance at beginning of period	$ 882,202	$ 841,575	$ 856,613	$ 835,054
Current Year Change	(3,294)	(7,611)	611	(23,528)
Balance at end of period	886,971	843,866	886,971	843,866
Accumulated Other Comprehensive Income
Summary of the AOCI balances, net of tax
Balance at beginning of period	(28,074)	(14,043)	(31,979)	1,874
Current Year Change			611	(23,528)
Balance at end of period	(31,368)	(21,654)	(31,368)	(21,654)
Unrealized gain (loss) on AFS debt securities
Summary of the AOCI balances, net of tax
Balance at beginning of period			(32,934)	890
Current Year Change			578	(23,535)
Balance at end of period	(32,356)	(22,645)	(32,356)	(22,645)
Unrealized 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			955	984
Current Year Change			33	7
Balance at end of period	$ 988	$ 991	$ 988	$ 991

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
	Jun. 06, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue recognition
Net interest income		$ 64,529	$ 51,814		$ 157,171	$ 114,981
Noninterest income:
Mortgage banking income		907	1,763		1,707	4,420
Program fees		3,739	3,885		6,980	7,739
Increase in cash surrender value of BOLI		689	623		1,324	1,235
Death benefits in excess of cash surrender value of life insurance		1,728			1,728
Total noninterest income		19,651	30,569		42,332	61,578
Total net revenue		$ 84,180	$ 82,383		$ 199,503	$ 176,559
Net-revenue concentration (as percent)		100%	100%		100%	100%
Writedowns during entity's holding of property (as a percent)					10%
Core Banking Activities
Revenue recognition
Net interest income		$ 51,385	$ 43,197		$ 103,640	$ 84,064
Noninterest income:
Mortgage banking income		907	1,763		1,707	4,420
Increase in cash surrender value of BOLI		689	623		1,324	1,235
Death benefits in excess of cash surrender value of life insurance		1,728			1,728
Total noninterest income		11,275	9,555		19,757	19,501
Total net revenue		$ 62,660	$ 52,752		$ 123,397	$ 103,565
Net-revenue concentration (as percent)		75%	64%		62%	59%
Traditional Banking
Revenue recognition
Net interest income		$ 48,682	$ 39,158		$ 98,789	$ 75,306
Noninterest income:
Increase in cash surrender value of BOLI		689	623		1,324	1,235
Death benefits in excess of cash surrender value of life insurance		1,728			1,728
Total noninterest income		10,330	7,734		17,984	14,976
Total net revenue		$ 59,012	$ 46,892		$ 116,773	$ 90,282
Net-revenue concentration (as percent)		71%	57%		59%	51%
Warehouse Lending
Revenue recognition
Net interest income		$ 2,642	$ 3,886		$ 4,729	$ 8,401
Noninterest income:
Total noninterest income		11	12		22	25
Total net revenue		$ 2,653	$ 3,898		$ 4,751	$ 8,426
Net-revenue concentration (as percent)		3%	5%		2%	5%
Mortgage Banking
Revenue recognition
Net interest income		$ 61	$ 153		$ 122	$ 357
Noninterest income:
Mortgage banking income		907	1,763		1,707	4,420
Total noninterest income		934	1,809		1,751	4,500
Total net revenue		$ 995	$ 1,962		$ 1,873	$ 4,857
Net-revenue concentration (as percent)		1%	2%		1%	3%
Republic Processing Group
Revenue recognition
Net interest income		$ 13,144	$ 8,617		$ 53,531	$ 30,917
Noninterest income:
Program fees		3,739	3,885		6,980	7,739
Total noninterest income		8,376	21,014		22,575	42,077
Total net revenue		$ 21,520	$ 29,631		$ 76,106	$ 72,994
Net-revenue concentration (as percent)		25%	36%		38%	41%
Tax Refund Solutions
Revenue recognition
Net interest income		$ 4,010	$ 1,638		$ 35,775	$ 17,042
Noninterest income:
Program fees		728	736		1,435	1,463
Total noninterest income		5,325	17,865		16,965	35,801
Total net revenue		$ 9,335	$ 19,503		$ 52,740	$ 52,843
Net-revenue concentration (as percent)		11%	24%		26%	30%
Republic Credit Solutions
Revenue recognition
Net interest income		$ 9,134	$ 6,979		$ 17,756	$ 13,875
Noninterest income:
Program fees		3,011	3,149		5,545	6,276
Total noninterest income		3,051	3,149		5,610	6,276
Total net revenue		$ 12,185	$ 10,128		$ 23,366	$ 20,151
Net-revenue concentration (as percent)		14%	12%		12%	11%
Service charges on deposit accounts
Noninterest income:
Revenue under 606		$ 3,527	$ 3,363		$ 6,826	$ 6,589
Service charges on deposit accounts \| Core Banking Activities
Noninterest income:
Revenue under 606		3,527	3,367		6,826	6,599
Service charges on deposit accounts \| Traditional Banking
Noninterest income:
Revenue under 606		3,516	3,355		6,804	6,574
Service charges on deposit accounts \| Warehouse Lending
Noninterest income:
Revenue under 606		11	12		22	25
Service charges on deposit accounts \| Republic Processing Group
Noninterest income:
Revenue under 606			(4)			(10)
Service charges on deposit accounts \| Tax Refund Solutions
Noninterest income:
Revenue under 606			(4)			(10)
Net refund transfer fees
Noninterest income:
Revenue under 606		4,479	3,950		15,286	16,001
Net refund transfer fees \| Republic Processing Group
Noninterest income:
Revenue under 606		4,479	3,950		15,286	16,001
Net refund transfer fees \| Tax Refund Solutions
Noninterest income:
Revenue under 606		4,479	3,950		15,286	16,001
Interchange fee income
Noninterest income:
Revenue under 606		3,419	3,461		6,470	6,531
Interchange fee income \| Core Banking Activities
Noninterest income:
Revenue under 606		3,375	3,389		6,381	6,401
Interchange fee income \| Traditional Banking
Noninterest income:
Revenue under 606		3,375	3,389		6,381	6,401
Interchange fee income \| Republic Processing Group
Noninterest income:
Revenue under 606		44	72		89	130
Interchange fee income \| Tax Refund Solutions
Noninterest income:
Revenue under 606		44	72		89	130
Net losses on other real estate owned
Noninterest income:
Revenue under 606		(52)	(52)		(105)	(105)
Net losses on other real estate owned \| Core Banking Activities
Noninterest income:
Revenue under 606		(52)	(52)		(105)	(105)
Net losses on other real estate owned \| Traditional Banking
Noninterest income:
Revenue under 606		(52)	(52)		(105)	(105)
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
Legal settlement
Noninterest income:
Revenue under 606			13,000			13,000
Legal settlement \| Republic Processing Group
Noninterest income:
Revenue under 606			13,000			13,000
Legal settlement \| Tax Refund Solutions
Noninterest income:
Revenue under 606			13,000			13,000
Legal settlement \| Green Dot
Noninterest income:
Revenue under 606	$ 13,000		13,000
Other
Noninterest income:
Revenue under 606		1,215	576		2,116	1,168
Other \| Core Banking Activities
Noninterest income:
Revenue under 606		1,101	465		1,896	951
Other \| Traditional Banking
Noninterest income:
Revenue under 606		1,074	419		1,852	871
Other \| Mortgage Banking
Noninterest income:
Revenue under 606		27	46		44	80
Other \| Republic Processing Group
Noninterest income:
Revenue under 606		114	111		220	217
Other \| Tax Refund Solutions
Noninterest income:
Revenue under 606		74	$ 111		155	$ 217
Other \| Republic Credit Solutions
Noninterest income:
Revenue under 606		$ 40			$ 65

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended		6 Months Ended
SEGMENT INFORMATION (Details) $ in Thousands	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) segment	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Segment Disclosure information
Number of reportable segments \| segment			5
Segment information
Net interest income	$ 64,529	$ 51,814	$ 157,171	$ 114,981
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	6,139	3,705	32,905	12,931
Mortgage banking income	907	1,763	1,707	4,420
Program fees	3,739	3,885	6,980	7,739
Other noninterest income	10,526	7,971	18,359	15,418
Total noninterest income	19,651	30,569	42,332	61,578
Total noninterest expense	51,533	47,656	103,976	96,237
INCOME BEFORE INCOME TAX EXPENSE	26,508	31,022	62,622	67,391
Income tax expense (benefit)	5,456	6,675	13,478	14,694
NET INCOME	21,052	24,347	49,144	52,697
Period-end assets	$ 6,369,779	$ 6,112,476	$ 6,369,779	$ 6,112,476	$ 5,835,543
Net interest margin (as percent)	4.46%	3.55%	5.48%	3.94%
Net-revenue concentration (as percent)	100%	100%	100%	100%
Core Banking Activities
Segment Disclosure information
Number of reportable segments \| segment			3
Segment information
Net interest income	$ 51,385	$ 43,197	$ 103,640	$ 84,064
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	2,062	(88)	5,181	(169)
Mortgage banking income	907	1,763	1,707	4,420
Other noninterest income	10,368	7,792	18,050	15,081
Total noninterest income	11,275	9,555	19,757	19,501
Total noninterest expense	45,483	42,184	89,857	84,053
INCOME BEFORE INCOME TAX EXPENSE	15,115	10,656	28,359	19,681
Income tax expense (benefit)	2,971	2,153	5,907	3,570
NET INCOME	12,144	8,503	22,452	16,111
Period-end assets	$ 5,827,303	$ 5,616,107	$ 5,827,303	$ 5,616,107
Net interest margin (as percent)	3.65%	3.02%	3.81%	2.97%
Net-revenue concentration (as percent)	75%	64%	62%	59%
Traditional Banking
Segment information
Net interest income	$ 48,682	$ 39,158	$ 98,789	$ 75,306
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	1,860	146	4,844	466
Other noninterest income	10,330	7,734	17,984	14,976
Total noninterest income	10,330	7,734	17,984	14,976
Total noninterest expense	42,153	38,317	83,005	76,544
INCOME BEFORE INCOME TAX EXPENSE	14,999	8,429	28,924	13,272
Income tax expense (benefit)	2,941	1,652	6,023	2,120
NET INCOME	12,058	6,777	22,901	11,152
Period-end assets	$ 5,271,050	$ 4,997,734	$ 5,271,050	$ 4,997,734
Net interest margin (as percent)	3.77%	3.06%	3.92%	2.98%
Net-revenue concentration (as percent)	71%	57%	59%	51%
Warehouse Lending
Segment information
Net interest income	$ 2,642	$ 3,886	$ 4,729	$ 8,401
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	202	(234)	337	(635)
Other noninterest income	11	12	22	25
Total noninterest income	11	12	22	25
Total noninterest expense	1,008	1,035	1,976	1,987
INCOME BEFORE INCOME TAX EXPENSE	1,443	3,097	2,438	7,074
Income tax expense (benefit)	322	692	545	1,596
NET INCOME	1,121	2,405	1,893	5,478
Period-end assets	$ 540,106	$ 596,031	$ 540,106	$ 596,031
Net interest margin (as percent)	2.28%	2.69%	2.39%	2.89%
Net-revenue concentration (as percent)	3%	5%	2%	5%
Mortgage Banking
Segment information
Net interest income	$ 61	$ 153	$ 122	$ 357
Mortgage banking income	907	1,763	1,707	4,420
Other noninterest income	27	46	44	80
Total noninterest income	934	1,809	1,751	4,500
Total noninterest expense	2,322	2,832	4,876	5,522
INCOME BEFORE INCOME TAX EXPENSE	(1,327)	(870)	(3,003)	(665)
Income tax expense (benefit)	(292)	(191)	(661)	(146)
NET INCOME	(1,035)	(679)	(2,342)	(519)
Period-end assets	$ 16,147	$ 22,342	$ 16,147	$ 22,342
Net-revenue concentration (as percent)	1%	2%	1%	3%
Republic Processing Group
Segment Disclosure information
Number of reportable segments \| segment			2
Segment information
Net interest income	$ 13,144	$ 8,617	$ 53,531	$ 30,917
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	4,077	3,793	27,724	13,100
Program fees	3,739	3,885	6,980	7,739
Other noninterest income	158	179	309	337
Total noninterest income	8,376	21,014	22,575	42,077
Total noninterest expense	6,050	5,472	14,119	12,184
INCOME BEFORE INCOME TAX EXPENSE	11,393	20,366	34,263	47,710
Income tax expense (benefit)	2,485	4,522	7,571	11,124
NET INCOME	8,908	15,844	26,692	36,586
Period-end assets	$ 542,476	$ 496,369	$ 542,476	$ 496,369
Net-revenue concentration (as percent)	25%	36%	38%	41%
Tax Refund Solutions
Segment information
Net interest income	$ 4,010	$ 1,638	$ 35,775	$ 17,042
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	(219)	360	21,589	8,272
Program fees	728	736	1,435	1,463
Other noninterest income	118	179	244	337
Total noninterest income	5,325	17,865	16,965	35,801
Total noninterest expense	3,143	3,533	8,791	8,678
INCOME BEFORE INCOME TAX EXPENSE	6,411	15,610	22,360	35,893
Income tax expense (benefit)	1,391	3,465	4,932	8,371
NET INCOME	5,020	12,145	17,428	27,522
Period-end assets	$ 415,428	$ 382,156	$ 415,428	$ 382,156
Net-revenue concentration (as percent)	11%	24%	26%	30%
Republic Credit Solutions
Segment information
Net interest income	$ 9,134	$ 6,979	$ 17,756	$ 13,875
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	4,296	3,433	6,135	4,828
Program fees	3,011	3,149	5,545	6,276
Other noninterest income	40		65
Total noninterest income	3,051	3,149	5,610	6,276
Total noninterest expense	2,907	1,939	5,328	3,506
INCOME BEFORE INCOME TAX EXPENSE	4,982	4,756	11,903	11,817
Income tax expense (benefit)	1,094	1,057	2,639	2,753
NET INCOME	3,888	3,699	9,264	9,064
Period-end assets	$ 127,048	$ 114,213	$ 127,048	$ 114,213
Net-revenue concentration (as percent)	14%	12%	12%	11%
Net refund transfer fees
Segment information
Revenue under 606	$ 4,479	$ 3,950	$ 15,286	$ 16,001
Net refund transfer fees \| Republic Processing Group
Segment information
Revenue under 606	4,479	3,950	15,286	16,001
Net refund transfer fees \| Tax Refund Solutions
Segment information
Revenue under 606	$ 4,479	3,950	$ 15,286	16,001
Contract termination fee
Segment information
Revenue under 606				5,000
Contract termination fee \| Republic Processing Group
Segment information
Revenue under 606				5,000
Contract termination fee \| Tax Refund Solutions
Segment information
Revenue under 606				5,000
Legal settlement
Segment information
Revenue under 606		13,000		13,000
Legal settlement \| Republic Processing Group
Segment information
Revenue under 606		13,000		13,000
Legal settlement \| Tax Refund Solutions
Segment information
Revenue under 606		$ 13,000		$ 13,000

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 21,052	$ 24,347	$ 49,144	$ 52,697

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false