Republic Bancorp (RBCAA) 10-Q 7 Nov 24 2024 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2024	Oct. 31, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Securities Act 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	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		17,295,748
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,150,090

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 530,865	$ 316,567
Available-for-sale debt securities, at fair value (amortized cost of $481,933 in 2024 and $618,525 in 2023, allowance for credit losses of $0 in 2024 and 2023)	466,916	591,313
Held-to-maturity debt securities (fair value of $10,882 in 2024 and $76,167 in 2023, allowance for credit losses of $5 in 2024 and $10 in 2023)	10,909	76,387
Equity securities with readily determinable fair value	239	174
Mortgage loans held for sale, at fair value	8,526	3,227
Consumer loans held for sale, at fair value	6,080	7,914
Consumer loans held for sale, at the lower of cost or fair value	19,801	16,094
Loans (loans carried at fair value of $0 in 2024 and $0 in 2023)	5,296,917	5,239,861
Allowance for credit losses	(82,158)	(82,130)
Loans, net	5,214,759	5,157,731
Federal Home Loan Bank stock, at cost	23,981	23,770
Premises and equipment, net	33,007	33,411
Right-of-use assets	35,897	34,691
Goodwill	40,516	40,516
Other real estate owned	1,212	1,370
Bank owned life insurance	106,288	103,916
Other assets and accrued interest receivable	193,474	187,810
TOTAL ASSETS	6,692,470	6,594,891
Deposits:
Noninterest-bearing	1,260,086	1,676,998
Interest-bearing	3,841,610	3,376,165
Total deposits	5,101,696	5,053,163
Securities sold under agreements to repurchase and other short-term borrowings	79,383	97,618
Operating lease liabilities	36,797	35,539
Federal Home Loan Bank advances	370,000	380,000
Other liabilities and accrued interest payable	124,889	115,815
Total liabilities	5,712,765	5,682,135
Commitments and contingent liabilities (Footnote 9)
STOCKHOLDERS' EQUITY
Preferred stock, no par value
Class A Common Stock, no par value, 30,000,000 shares authorized, 17,293,183 shares (2024) and 17,295,968 shares (2023) issued and outstanding; Class B Common Stock, no par value, 5,000,000 shares authorized, 2,150,090 shares (2024) and 2,156,662 shares (2023) issued and outstanding	4,585	4,553
Additional paid in capital	146,838	142,124
Retained earnings	842,515	786,487
Accumulated other comprehensive (loss) income	(14,233)	(20,408)
Total stockholders' equity	979,705	912,756
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 6,692,470	$ 6,594,891

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Available-for-sale debt securities	$ 481,933	$ 618,525
Available-for-sale debt securities, allowance for credit losses	0	0
Held-to-maturity debt securities	10,882	76,167
Held-to-maturity debt securities, allowance for credit losses	5	10
Loans held for investment fair value	$ 0	$ 0
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	17,293,183	17,295,968
Common Stock, outstanding	17,293,183	17,295,968
Class B Common Stock
Common Stock, no par value	$ 0	$ 0
Common Stock, shares authorized	5,000,000	5,000,000
Common Stock, issued	2,150,090	2,156,662
Common Stock, outstanding	2,150,090	2,156,662

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
INTEREST INCOME:
Loans, including fees	$ 90,594	$ 78,175	$ 296,723	$ 242,984
Taxable investment securities	4,167	4,792	13,147	14,179
Federal Home Loan Bank stock and other	6,785	2,901	20,008	8,115
Total interest income	101,546	85,868	329,878	265,278
INTEREST EXPENSE:
Deposits	25,802	15,664	78,571	31,758
Securities sold under agreements to repurchase and other short-term borrowings	141	29	403	451
Federal Home Loan Bank advances	4,298	5,350	14,144	11,073
Total interest expense	30,241	21,043	93,118	43,282
NET INTEREST INCOME	71,305	64,825	236,760	221,996
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	5,660	3,730	41,425	36,635
NET INTEREST INCOME AFTER PROVISION	65,645	61,095	195,335	185,361
NONINTEREST INCOME:
Mortgage banking income	2,062	852	3,984	2,559
Program fees	4,962	4,041	13,539	11,021
Increase in cash surrender value of bank owned life insurance	826	690	2,372	2,014
Death benefits in excess of cash surrender value of life insurance				1,728
Total noninterest income	16,813	14,345	58,532	56,677
NONINTEREST EXPENSE:
Salaries and employee benefits	28,792	28,747	87,651	89,472
Technology, equipment, and communication	7,544	7,311	22,374	21,459
Occupancy	3,224	3,503	10,455	10,500
Marketing and development	1,983	2,055	6,612	6,142
FDIC insurance expense	764	677	2,284	2,038
Interchange related expense	1,540	1,580	4,250	4,429
Legal and professional fees	870	803	2,695	2,693
Merger expense		(132)	41	2,068
Other	3,892	3,824	12,852	13,543
Total noninterest expense	48,609	48,368	149,214	152,344
INCOME BEFORE INCOME TAX EXPENSE	33,849	27,072	104,653	89,694
INCOME TAX EXPENSE	7,306	5,501	22,298	18,979
NET INCOME	26,543	21,571	82,355	70,715
Service charges on deposit accounts
NONINTEREST INCOME:
Revenue under 606	3,693	3,559	10,532	10,385
Net refund transfer fees
NONINTEREST INCOME:
Revenue under 606	582	242	15,213	15,528
Interchange fee income
NONINTEREST INCOME:
Revenue under 606	3,286	3,282	9,794	9,752
Net losses on other real estate owned
NONINTEREST INCOME:
Revenue under 606	(53)	(53)	(154)	(158)
Other
NONINTEREST INCOME:
Revenue under 606	$ 1,455	$ 1,732	$ 3,252	$ 3,848
Class A Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	$ 1.37	$ 1.11	$ 4.25	$ 3.61
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	1.37	1.10	4.24	3.60
Class B Common Stock
BASIC EARNINGS PER SHARE:
Basic earnings per share (in dollars per share)	1.25	1.01	3.87	3.28
DILUTED EARNINGS PER SHARE:
Diluted earnings per share (in dollars per share)	$ 1.24	$ 1.01	$ 3.85	$ 3.27

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)
Net income	$ 26,543	$ 21,571	$ 82,355	$ 70,715
OTHER COMPREHENSIVE INCOME (LOSS)
Change in fair value of derivatives	(3,134)		(3,580)
Reclassification amount for net derivative losses realized in income	(289)		(380)
Unrealized gain (loss) on AFS debt securities	9,503	1,017	12,195	1,839
Total other comprehensive income (loss) before income tax	6,080	1,017	8,235	1,839
Income tax benefit (expense) related to items of other comprehensive income	(1,520)	(250)	(2,060)	(461)
Total other comprehensive income (loss), net of tax	4,560	767	6,175	1,378
COMPREHENSIVE INCOME	$ 31,103	$ 22,338	$ 88,530	$ 72,093

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	Common Stock Class A Common shares	Common Stock Class B Common shares	Common Stock	Additional Paid In Capital	Retained Earnings Class A Common shares	Retained Earnings Class B Common shares	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Class A Common shares	Class B Common shares	Total
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							70,715				70,715
Net change in AOCI								1,378			1,378
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (19,566)	$ (2,201)			$ (19,566)	$ (2,201)
Stock options exercised, net of shares withheld			(1)	(193)							(194)
Conversion of Class B to Class A Common Shares (in shares)	3	(3)
Repurchase of Class A Common Stock			(80)	(2,640)			(13,390)				(16,110)
Repurchase of Class A Common Stock (in shares)	(363)
Deferred director compensation expense - Class A Common Stock				349							349
Deferred designed key employee compensation expense - Class A Common Stock				495							495
Deferred designed key employee compensation expense - Class A Common Stock (In shares)	7
Employee stock purchase plan - Class A Common Stock			3	535							538
Employee stock purchase plan - Class A Common Stock (in shares)	13
Stock-based awards, Restricted stock, net of shares withheld			2	798							800
Stock-based awards, Restricted stock, net of shares withheld (in shares)	51
Stock-based awards, Stock options				583							583
Balance at end of period at Sep. 30, 2023			4,572	141,621			777,808	(30,601)			893,400
Balance (in shares) at Sep. 30, 2023	17,296	2,157
Balance at beginning 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
Increase (Decrease) in Stockholders' Equity
Net income							21,571				21,571
Net change in AOCI								767			767
Dividends declared on Common Stock:
Dividends declared on Common Stock					(6,448)	(734)			(6,448)	(734)
Stock options exercised, net of shares withheld				(10)							(10)
Repurchase of Class A Common Stock			(46)	(1,509)			(7,841)				(9,396)
Repurchase of Class A Common Stock (in shares)	(206)
Deferred director compensation expense - Class A Common Stock				123							123
Deferred designed key employee compensation expense - Class A Common Stock				36							36
Employee stock purchase plan - Class A Common Stock			1	172							173
Employee stock purchase plan - Class A Common Stock (in shares)	4
Stock-based awards, Restricted stock, net of shares withheld				172							172
Stock-based awards, Restricted stock, net of shares withheld (in shares)	49
Stock-based awards, Stock options				175							175
Balance at end of period at Sep. 30, 2023			4,572	141,621			777,808	(30,601)			893,400
Balance (in shares) at Sep. 30, 2023	17,296	2,157
Balance at beginning of period at Dec. 31, 2023			4,553	142,124			786,487	(20,408)			912,756
Balance (in shares) at Dec. 31, 2023	17,203	2,155
Increase (Decrease) in Stockholders' Equity
Net income							82,355				82,355
Net change in AOCI								6,175			6,175
Dividends declared on Common Stock:
Dividends declared on Common Stock					(20,989)	(2,388)			(20,989)	(2,388)
Stock options exercised, net of shares withheld			32	1,784			(2,510)				(694)
Stock options exercised, net of shares withheld (in shares)	65
Conversion of Class B to Class A Common Shares (in shares)	5	(5)
Net change in notes receivable on Class A Common Stock				106							106
Deferred director compensation expense - Class A Common Stock				620							620
Deferred designed key employee compensation expense - Class A Common Stock				560							560
Deferred designed key employee compensation expense - Class A Common Stock (In shares)	11
Employee stock purchase plan - Class A Common Stock			3	573							576
Employee stock purchase plan - Class A Common Stock (in shares)	10
Stock-based awards, Performance stock units				108							108
Stock-based awards, Restricted stock, net of shares withheld			(3)	507			(440)				64
Stock-based awards, Restricted stock, net of shares withheld (in shares)	(1)
Stock-based awards, Stock options				456							456
Balance at end of period at Sep. 30, 2024			4,585	146,838			842,515	(14,233)			979,705
Balance (in shares) at Sep. 30, 2024	17,293	2,150
Balance at beginning of period at Jun. 30, 2024			4,581	144,139			825,496	(18,793)			955,423
Balance (in shares) at Jun. 30, 2024	17,275	2,150
Increase (Decrease) in Stockholders' Equity
Net income							26,543				26,543
Net change in AOCI								4,560			4,560
Dividends declared on Common Stock:
Dividends declared on Common Stock					$ (7,007)	$ (796)			$ (7,007)	$ (796)
Stock options exercised, net of shares withheld			4	1,767			(1,601)				170
Stock options exercised, net of shares withheld (in shares)	17
Net change in notes receivable on Class A Common Stock				60							60
Deferred director compensation expense - Class A Common Stock				109							109
Deferred designed key employee compensation expense - Class A Common Stock				164							164
Employee stock purchase plan - Class A Common Stock			1	177							178
Employee stock purchase plan - Class A Common Stock (in shares)	3
Stock-based awards, Performance stock units				36							36
Stock-based awards, Restricted stock, net of shares withheld			(1)	262			(120)				141
Stock-based awards, Restricted stock, net of shares withheld (in shares)	(2)
Stock-based awards, Stock options				124							124
Balance at end of period at Sep. 30, 2024			$ 4,585	$ 146,838			$ 842,515	$ (14,233)			$ 979,705
Balance (in shares) at Sep. 30, 2024	17,293	2,150

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Class A Common shares
Dividend declared common stock, per share (in dollars per share)	$ 0.407	$ 0.374	$ 1.221	$ 1.122
Class B Common shares
Dividend declared common stock, per share (in dollars per share)	$ 0.370	$ 0.340	$ 1.110	$ 1.020

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
OPERATING ACTIVITIES:
Net income	$ 82,355	$ 70,715
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization on investment securities and low-income housing investments	4,617	4,176
Net accretion and amortization on loans	(2,266)	(2,756)
Unrealized and realized losses on equity securities with readily determinable fair value	(65)	(26)
Depreciation of premises and equipment	5,278	4,930
Amortization of mortgage servicing rights	1,271	1,440
Provision for on-balance sheet exposures	41,425	36,635
Provision for off-balance sheet exposures	(340)	90
Net gain on sale of mortgage loans held for sale	(2,430)	(1,453)
Origination of mortgage loans held for sale	(137,891)	(53,750)
Proceeds from sale of mortgage loans held for sale	135,022	53,794
Net gain on sale of consumer loans held for sale	(11,221)	(8,880)
Origination of consumer loans held for sale	(940,901)	(756,714)
Proceeds from sale of consumer loans held for sale	950,249	761,497
Net gain realized on sale of other real estate owned	(4)
Writedowns of other real estate owned	158	158
Deferred compensation expense - Class A Common Stock	1,180	844
Stock-based awards and ESPP expense - Class A Common Stock	714	1,407
Amortization of right-of-use assets	4,076	4,590
Repayment of operating lease liabilities	(4,024)	(4,580)
Increase in cash surrender value of bank owned life insurance	(2,372)	(1,324)
Gain from death benefits received in excess of cash surrender value of BOLI		(1,728)
Net change in other assets and liabilities:
Accrued interest receivable	557	(5,366)
Accrued interest payable	1,106	1,778
Other assets	(7,687)	(25,675)
Other liabilities	6,666	6,452
Net cash provided by operating activities	125,473	86,254
INVESTING ACTIVITIES:
Net cash proceeds paid in acquisition		(40,970)
Purchases of available-for-sale debt securities	(110,000)	(30,000)
Purchases of held-to-maturity debt securities		(25,000)
Proceeds from calls, maturities and paydowns of equity and available-for-sale debt securities	246,769	67,571
Proceeds from calls, maturities and paydowns of held-to-maturity debt securities	65,483	10,736
Net change in outstanding warehouse lines of credit	(255,440)	(54,472)
Net change in other loans	92,377	(323,283)
Proceeds from sale of mortgage loans transferred to held for sale	67,176
Net purchases of Federal Home Loan Bank stock	(211)	(22,274)
Proceeds from sale of other real estate owned	172
Proceeds of principal and earnings from bank-owned life insurance		1,528
Investments in low-income housing tax partnerships	(10,018)	10,221
Net purchases of premises and equipment	(4,874)	(5,278)
Net cash (used in) provided by investing activities	91,434	(411,221)
FINANCING ACTIVITIES:
Net change in deposits	48,533	34,059
Net change in securities sold under agreements to repurchase and other short-term borrowings	(18,235)	(136,159)
Payments of Federal Home Loan Bank advances	(815,000)	(538,000)
Proceeds from Federal Home Loan Bank advances	805,000	908,000
Repurchase of Class A Common Stock		(16,110)
Net proceeds from Class A Common Stock purchased through employee stock purchase plan	490	514
Net proceeds from option exercises and equity awards vested - Class A Common Stock	(694)	(194)
Cash dividends paid	(22,703)	(21,179)
Net cash (used in) provided by financing activities	(2,609)	230,931
NET CHANGE IN CASH AND CASH EQUIVALENTS	214,298	(94,036)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	316,567	313,689
CASH AND CASH EQUIVALENTS AT END OF PERIOD	530,865	219,653
Cash paid during the period for:
Interest	92,013	41,504
Income taxes	20,955	17,279
SUPPLEMENTAL NONCASH DISCLOSURES:
Mortgage servicing rights capitalized	913	381
Transfers from loans to real estate acquired in settlement of loans	169	2
Net transfers from loans held for investment to loans held for sale	67,176
New unfunded obligations in low-income-housing investments	11,000	27,000
Right-of-use assets recorded	$ 5,282	$ 3,480

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
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 geographic market footprint where it has physical locations, its non-brick-and-mortar delivery channels allow it to reach clients across the U.S. During the fourth quarter of 2023, the Company dissolved its Captive, a Nevada-based, wholly owned insurance subsidiary of the Company. The Captive provided property and casualty insurance coverage to the Company and the Bank, as well as a group of unrelated third-party insurance captives. ​ 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 the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. Operating results for the three and nine months ended September 30, 2024 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2024. 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, 2023. Certain amounts presented in prior periods have been reclassified to conform to the current period presentation. These reclassifications had no impact on previously reported prior periods’ net income or shareholders’ equity. ​ BUSINESS SEGMENT COMPOSITION ​ As of September 30, 2024, the Company was divided into five reportable segments: Traditional Banking, Warehouse Lending, TRS, RPS, and RCS. Republic had previously reported mortgage banking as a separate reportable segment prior to the first quarter of 2024. Due to the quantitative and qualitative immateriality of this division, Management concluded its mortgage banking operations no longer constitutes a separate reportable segment for SEC reporting purposes and now includes these results in the Traditional Banking segment. All prior period mortgage banking results of operations have been reclassified into the Traditional Banking segment, as well. ​ Management considers the first two segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last three segments collectively constitute RPG operations. ​ ​ ​ Core Bank ​ Traditional Banking segment — The Traditional Banking segment, which also includes the results of the former mortgage banking segment, provides traditional banking products primarily to customers in the Company’s market footprint. As of September 30, 2024, Republic had ​ ● Kentucky — 29 ● Metropolitan Louisville — 19 ● Central Kentucky — 6 ● Georgetown — 1 ● Lexington — 5 ● Northern Kentucky (Metropolitan Cincinnati) — 4 ● ● Covington — 1 ● Crestview Hills — 1 ● Florence — 1 ● Indiana — 3 ● Southern Indiana (Metropolitan Louisville) — 3 ● Floyds Knobs — 1 ● Jeffersonville — 1 ● New Albany — 1 ● Florida — 7 ● Metropolitan Tampa — 7 ● Ohio — 4 ● Metropolitan Cincinnati — 4 ● Tennessee — 4 ● Metropolitan Nashville — 4 ​ 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 — 15 Republic Processing Group ​ Tax Refund Solutions segment — , the Bank facilitates the receipt and payment of federal and state tax refund products and offers a credit product through third-party tax preparers located throughout the U.S., as well as tax-preparation software providers that offer Republic Bank ERAs, RAs, and RTs (collectively, the “Tax Providers”). The majority of all the business generated by the TRS business occurs during the first half of each year. During the second half of each year, TRS generates limited revenue and incurs costs preparing for the next year’s tax season. During December 2023, TRS originated ​ 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 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 2024 and 2023: ​ ● 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 $6,500 ; ● No requirement that the taxpayer pays for another bank product, such as an RT; ● Multiple disbursement methods were available through 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. ​ Since its introduction in December of 2022, the ERA loan product has been structured similarly to the RA with the primary differences being the timing of when the ERAs are originated and the documentation available to underwrite the ERAs. The ERA is originated prior to the taxpayer receiving their fiscal year taxable income documentation, e.g. , W-2, and the filing of the taxpayer’s final federal tax return. As such, the Company generally uses paystub information to underwrite the ERA. The repayment of the ERA is incumbent upon the taxpayer client returning to the Bank’s Tax Provider for the filing of their final federal tax return in order for the tax refund to potentially be received by the Bank from the federal government to pay off the advance. The ERA product had the following features during the 2023 and 2024 tax filing seasons: ​ ● Only offered during December and the up-coming January in connection with the upcoming first quarter tax business for each period; ● The taxpayer had the option to choose from multiple loan 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 available through most Tax Providers, including direct deposit or prepaid card, based on the taxpayer-customer’s election; ● Repayment of the ERA to the Bank deducted from the taxpayer’s tax refund proceeds; and ● If an insufficient refund to repay the ERA, including the failure to file a final federal tax return through a Republic Tax Provider: o 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. The number of days for delinquency eligibility is based on management’s annual analysis of tax return processing times. RAs, including ERAs that were originated related to the first quarter 2023 tax filing season were repaid, on average, within delinquent during the first nine months of 2024 if it remained unpaid 35 days after the taxpayer’s tax return was submitted to the applicable taxing authority. ​ Provisions on RAs are estimated when advances are made. Unpaid RAs, including ERAs, related to the first quarter tax filing season of a given year are considered delinquent at June 30th of that year and charged-off. In addition, as of June 30, 2024, RAs that were subject to Tax Provider loan loss guarantees were charged off and immediately recorded as recoveries of previously charged-off loans with corresponding receivables recorded in other assets for the Tax Provider guarantees. Those corresponding receivables were settled during the third quarter of 2024. RAs collected during the second half of that year, not subject to loan loss guarantee arrangements, are recorded as recoveries of previously charged-off loans. ​ Republic Payment Solutions segment - ​ Issuing Solutions ​ The RPS segment offers prepaid and debit solutions primarily marketed to consumers through third-party marketer-servicers. ​ Prepaid solutions include the issuing of payroll and general purpose reloadable (“GPR”) cards. Characteristics of these cards include the following: ​ ● Similar to a traditional debit card with features including traditional point of sale purchasing, ATM withdrawals and direct deposit; ● Funds associated with these products are typically held in pooled accounts at the Bank with the Bank maintaining records of individual balances within these pooled accounts; and ● Payroll cards facilitate the loading of an employer’s payroll onto a card via direct deposit with GPR cards generally distributed through retail locations and reloadable through participating retail load networks. ​ Debit solutions include the issuing of demand deposit accounts, savings accounts and/or debit cards. In addition to offering traditional point of sale purchasing, ATM withdrawals, and direct deposit options, these accounts may include overdraft protection. ​ Money Movement ​ The Bank participates in traditional money movement solutions including ACH transactions, wire transfer, check processing, and the Mastercard Remote Payment and Presentment Service (“RPPS”). These capabilities are complementary to issuing within RPS, as well as, generally facilitating the movement of money for the TRS and RCS Divisions. ​ The Company reports its share of client-related charges and fees for 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. ​ 1) Elastic Marketing, LLC and Elevate Decision Sciences, LLC are third-party service providers for the LOC I 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. 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 participation interests are a 90% interest in advances made to borrowers under the borrower’s line-of-credit account, and the participation interests are generally sold three ​ 2) Similar to its LOC I product, the Bank provides oversight and supervision to a third party for its LOC II product. In return, this third party provides the Bank with marketing services and loan servicing for the LOC II product. The Bank is the lender for this product and is marketed as such. Furthermore, the Bank controls the loan terms and underwriting guidelines, and the Bank exercises consumer compliance oversight of this product. ​ The Bank sells 95% participation interests in the LOC II product. These participation interests are generally sold three ​ ● RCS installment loan product – Through RCS, the Bank offers installment loans with terms ranging from 12 to 60 months to borrowers in multiple states. The same third-party service provider for RCS’s LOC II is the third-party provider for the installment loans. This third-party provider is subject to the Bank’s oversight and supervision and provides the Bank with marketing services and loan servicing for these RCS installment loans. The Bank is the lender for these RCS installment loans and is marketed as such. Furthermore, the Bank controls the loan terms and underwriting guidelines, and the Bank exercises consumer compliance oversight of this RCS installment loan product. Currently, all loan balances originated under this RCS installment loan program are carried as “held for sale” on the Bank’s balance sheet, with the intention to sell these loans to a third-party, who is an affiliate of the Bank’s third-party service provider, generally within sixteen days following the Bank’s origination of the loans. Loans originated under this RCS installment loan program are carried at fair value under a fair-value option, with the portfolio marked to market monthly. ​ ● RCS healthcare receivables products – The Bank originates healthcare-receivables products across the U.S. through three different third-party service providers. ​ o For two of the programs, the Bank retains 100 % of the receivables, with recourse in the event of default. ​ o For the remaining program, in some instances the Bank retains 100% of the receivables originated, with recourse in the event of default, and in other instances, the Bank sells 100 % of the receivables generally within one month of origination. Loan balances held for sale through this program are carried at the lower of cost or fair value. ​ For the RCS line of credit and healthcare receivable products, the Company reports interest income and loan origination fees earned on RCS loans under “Loans, including fees,” while any net gains or losses on sale and mark-to-market adjustments of RCS loans are reported as noninterest income under “RCS Program fees.” The Company has elected fair value accounting for its RCS installment loan product that it sells after an initial holding period. As a result, interest income on loans, loan origination fees, net gains or losses on sale, and mark-to-market adjustments for the RCS installment product are reported as noninterest income under “RCS Program fees.” ​ ​ Recently Adopted Accounting Standards ​ The following ASUs were adopted by the Company during the nine months ended September 30, 2024: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Method of ​ Financial ASU. No. Topic Nature of Update Date Adopted Adoption Statement 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 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023-02 ​ 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 ​ Immaterial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ Immaterial ​ ​ 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 2024-02 ​ Codification Improvements—Amendments to Remove References to the Concepts Statements ​ This ASU contains amendments to the Codification that remove references to various Concepts Statements. In most instances the references are extraneous and not required to understand or apply the guidance. In other instances the references were used in prior Statements to provide guidance in certain topical areas. ​ January 1, 2025 ​ Prospectively ​ Immaterial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023-09 ​ Income Taxes (Topic 740): Improvements to Income Tax Disclosures ​ Among other things, these amendments require that public business entities on an annual basis (1) disclose specific categories in the rate reconciliation and (2) provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income [or loss] by the applicable statutory income tax rate). ​ January 1, 2025 ​ Prospectively ​ The Company will update its income tax disclosures upon adoption. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023-07 ​ Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ​ The amendments in the ASU are intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. ​ October 1, 2024 ​ Retrospectively ​ The Company will update its segment related disclosures upon adoption. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ Immaterial ​

ACQUISITION OF CBANK

ACQUISITION OF CBANK	9 Months Ended
	Sep. 30, 2024
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, Inc. (“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, final recast adjustments to those previously reported preliminary fair values, and the expected fair values of those assets and liabilities as recorded by the Company. Effective September 30, 2023, management finalized the fair values of the acquired assets and assumed liabilities. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 15, 2023 ​ ​ As Previously Reported ​ ​ ​ As Recasted ​ As Recorded Fair Value ​ Recast ​ As Recorded Years Ended December 31, (in thousands) ​ by CBank ​ Adjustments ​ ​ ​ Adjustments ​ ​ ​ 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 ​ 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	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024 (in thousands) ​ Cost ​ Gains ​ Losses ​ Credit Losses Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 311,140 ​ $ 31 ​ $ (6,774) ​ $ — ​ $ 304,397 Private label mortgage-backed security ​ 233 ​ 1,432 ​ — ​ — ​ 1,665 Mortgage-backed securities - residential ​ 143,903 ​ 361 ​ (9,601) ​ — ​ 134,663 Collateralized mortgage obligations ​ 20,804 ​ 44 ​ (692) ​ — ​ 20,156 Corporate bonds ​ 2,007 ​ 5 ​ — ​ — ​ 2,012 Trust preferred security ​ 3,846 ​ 177 ​ — ​ — ​ 4,023 Total available-for-sale debt securities ​ $ 481,933 ​ $ 2,050 ​ $ (17,067) ​ $ — ​ $ 466,916 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross Allowance ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ for Fair December 31, 2023 (in thousands) ​ Cost ​ Gains ​ Losses ​ Credit Losses Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 421,576 ​ $ — ​ $ (14,543) ​ $ — ​ $ 407,033 Private label mortgage-backed security ​ 443 ​ 1,330 ​ — ​ — ​ 1,773 Mortgage-backed securities - residential ​ 167,996 ​ 176 ​ (13,462) ​ — ​ 154,710 Collateralized mortgage obligations ​ 22,698 ​ 36 ​ (1,075) ​ — ​ 21,659 Corporate bonds ​ 2,012 ​ 8 ​ — ​ — ​ 2,020 Trust preferred security ​ 3,800 ​ 318 ​ — ​ — ​ 4,118 Total available-for-sale debt securities ​ $ 618,525 ​ $ 1,868 ​ $ (29,080) ​ $ — ​ $ 591,313 ​ 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 September 30, 2024 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ Credit Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Mortgage-backed securities - residential ​ ​ 23 ​ ​ 1 ​ ​ — ​ ​ 24 ​ ​ — Collateralized mortgage obligations ​ 5,896 ​ 45 ​ (82) ​ 5,859 ​ — Corporate bonds ​ 4,995 ​ 4 ​ — ​ 4,999 ​ (5) Obligations of state and political subdivisions ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total held-to-maturity debt securities ​ $ 10,914 ​ $ 50 ​ $ (82) ​ $ 10,882 ​ $ (5) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ Allowance ​ ​ Amortized ​ Unrecognized ​ Unrecognized ​ Fair ​ for December 31, 2023 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ Credit Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 65,000 ​ $ — ​ $ (163) ​ $ 64,837 ​ $ — Mortgage-backed securities - residential ​ ​ 25 ​ ​ — ​ ​ — ​ ​ 25 ​ ​ — Collateralized mortgage obligations ​ 6,386 ​ 48 ​ (121) ​ 6,313 ​ — Corporate bonds ​ 4,986 ​ 6 ​ — ​ 4,992 ​ (10) Obligations of state and political subdivisions ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total held-to-maturity debt securities ​ $ 76,397 ​ $ 54 ​ $ (284) ​ $ 76,167 ​ $ (10) ​ Sales of Available-for-Sale Debt Securities ​ During the three and nine months ended September 30, 2024 and 2023, there were no material gains or losses on sales or calls of AFS debt securities. ​ Debt Securities by Contractual Maturity ​ The amortized cost and fair value of debt securities by contractual maturity as of September 30, 2024 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 September 30, 2024 (in thousands) ​ Cost ​ Value ​ Cost ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due in one year or less ​ $ 166,174 ​ $ 163,666 ​ $ — ​ $ — Due from one year to five years ​ 131,973 ​ 127,738 ​ 4,996 ​ 4,999 Due from five years to ten years ​ 15,000 ​ 15,005 ​ — ​ — Due beyond ten years ​ 3,846 ​ 4,023 ​ — ​ — Private label mortgage-backed security ​ 233 ​ 1,665 ​ — ​ — Mortgage-backed securities - residential ​ 143,903 ​ 134,663 ​ 23 ​ 24 Collateralized mortgage obligations ​ 20,804 ​ 20,156 ​ 5,895 ​ 5,859 Total debt securities ​ $ 481,933 ​ $ 466,916 ​ $ 10,914 ​ $ 10,882 ​ Unrealized-Loss Analysis on Debt Securities ​ The following tables summarize AFS debt securities in an unrealized loss position for which an ACLS had not been recorded as of September 30, 2024 and December 31, 2023, aggregated by investment category and length of time in a continuous unrealized loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized September 30, 2024 (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 ​ $ 49,622 ​ $ (1,231) ​ $ 179,801 ​ $ (5,543) ​ $ 229,423 ​ $ (6,774) Mortgage-backed securities - residential ​ ​ 29,809 ​ ​ (3,709) ​ ​ 83,205 ​ ​ (5,892) ​ ​ 113,014 ​ ​ (9,601) Collateralized mortgage obligations ​ ​ 356 ​ ​ (3) ​ ​ 16,382 ​ ​ (689) ​ ​ 16,738 ​ ​ (692) Trust preferred security ​ — ​ ​ — ​ — ​ — ​ — ​ — Total available-for-sale debt securities ​ $ 79,787 ​ $ (4,943) ​ $ 279,388 ​ $ (12,124) ​ $ 359,175 ​ $ (17,067) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized December 31, 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 ​ $ 26,707 ​ $ (84) ​ $ 380,326 ​ $ (14,459) ​ $ 407,033 ​ $ (14,543) Mortgage-backed securities - residential ​ ​ 1,911 ​ ​ (23) ​ ​ 136,180 ​ ​ (13,439) ​ ​ 138,091 ​ ​ (13,462) Collateralized mortgage obligations ​ ​ 1,668 ​ ​ (52) ​ ​ 17,239 ​ ​ (1,023) ​ ​ 18,907 ​ ​ (1,075) Trust preferred security ​ — ​ ​ — ​ — ​ — ​ — ​ — Total available-for-sale debt securities ​ $ 30,286 ​ $ (159) ​ $ 533,745 ​ $ (28,921) ​ $ 564,031 ​ $ (29,080) ​ ​ As of September 30, 2024, the Bank’s security portfolio consisted of 174 securities, 92 of which were in an unrealized loss position. ​ As of December 31, 2023, the Bank’s security portfolio consisted of 191 securities, 144 of which were in an unrealized loss position. ​ As of September 30, 2024 and December 31, 2023, 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 $1.7 million as of September 30, 2024. This security is mostly backed by “Alternative A” first-lien mortgage loans, but also has an insurance “wrap” or guarantee as an added layer of protection to the security holder. This asset is illiquid, and as such, the Bank determined it to be a Level 3 security in accordance with ASC Topic 820, Fair Value Measurement. ​ See additional discussion regarding the Bank’s private label mortgage-backed security under Footnote 10 “Fair Value” in this section of the filing. ​ Mortgage-Backed Securities and Collateralized Mortgage Obligations ​ As of September 30, 2024, with the exception of the $1.7 million private label mortgage-backed security, all other mortgage-backed securities and CMOs held by the Bank were issued by U.S. government-sponsored entities and agencies, primarily the FHLMC and FNMA. As of September 30, 2024 and December 31, 2023, there were gross unrealized losses of $10.3 million and $14.5 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 credit-related impairment that would require a provision adjustment to the ACLS. ​ Roll-forward of the Allowance for Credit Losses on Debt Securities ​ The tables below present a roll-forward for the three and nine months ended September 30, 2024 and 2023 of the ACLS on AFS and HTM debt securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLS Roll-forward ​ ​ ​ Three Months Ended September 30, ​ ​ ​ 2024 2023 ​ ​ ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Held-to-Maturity Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ ​ 4 ​ ​ 1 ​ ​ — ​ ​ — ​ ​ 5 ​ ​ 10 ​ ​ — ​ ​ — ​ ​ — ​ ​ 10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 4 ​ $ 1 ​ $ — ​ $ — ​ $ 5 ​ $ 10 ​ $ — ​ $ — ​ $ — ​ $ 10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLS Roll-forward ​ ​ ​ Nine Months Ended September 30, ​ ​ ​ 2024 2023 ​ ​ ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Held-to-Maturity Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ ​ 10 ​ ​ (5) ​ ​ — ​ ​ — ​ ​ 5 ​ ​ 10 ​ ​ — ​ ​ — ​ ​ — ​ ​ 10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 10 ​ $ (5) ​ $ — ​ $ — ​ $ 5 ​ $ 10 ​ $ — ​ $ — ​ $ — ​ $ 10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ There were no HTM debt securities on nonaccrual or past due 90 days or more as of September 30, 2024 and December 31, 2023. All of the Company’s HTM corporate bonds were rated investment grade as of September 30, 2024 and December 31, 2023. ​ There were no HTM debt securities considered collateral dependent as of September 30, 2024 and December 31, 2023. ​ 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 September 30, 2024 and December 31, 2023. Accrued interest receivable on HTM debt securities totaled $68,000 for the nine months ended and $384,000 as of September 30, 2024 and December 31, 2023. ​ 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) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Amortized cost ​ $ 82,037 ​ $ 106,169 Fair value ​ 80,903 ​ 99,530 Carrying amount ​ ​ 80,903 ​ ​ 99,530 ​ ​ Equity Securities ​ The carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair September 30, 2024 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 239 ​ $ — ​ $ 239 Total equity securities with readily determinable fair values ​ $ — ​ $ 239 ​ $ — ​ $ 239 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair December 31, 2023 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 174 ​ $ — ​ $ 174 Total equity securities with readily determinable fair values ​ $ — ​ $ 174 ​ $ — ​ $ 174 ​ For equity securities with readily determinable fair values, the gross realized and unrealized gains and losses recognized in the Company’s consolidated statements of income were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (Losses) Recognized on Equity Securities ​ ​ ​ Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 (in thousands) Realized Unrealized Total Realized Unrealized Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 42 ​ $ 42 ​ $ — ​ $ 16 ​ $ 16 ​ Total equity securities with readily determinable fair value ​ $ — ​ $ 42 ​ $ 42 ​ $ — ​ $ 16 ​ $ 16 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (Losses) Recognized on Equity Securities ​ ​ ​ Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 ​ (in thousands) ​ Realized ​ Unrealized ​ Total ​ Realized ​ Unrealized ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 65 ​ $ 65 ​ $ — ​ $ 26 ​ $ 26 ​ Total equity securities with readily determinable fair value ​ $ — ​ $ 65 ​ $ 65 ​ $ — ​ $ 26 ​ $ 26 ​ ​

LOANS HELD FOR SALE

LOANS HELD FOR SALE	9 Months Ended
	Sep. 30, 2024
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 Traditional Banking segment, while consumer loans originated for sale are originated and sold through the RCS segment. ​ Mortgage Loans Held for Sale, at Fair Value ​ See additional detail regarding mortgage loans originated for sale, at fair value under Footnote 11 “Mortgage Banking Activities” of this section of the filing. ​ Consumer Loans Held for Sale, at Fair Value ​ 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 ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 8,341 ​ $ 5,757 ​ $ 7,914 ​ $ 4,706 Origination of consumer loans held for sale ​ 43,268 ​ 34,280 ​ 120,668 ​ 87,224 Proceeds from the sale of consumer loans held for sale ​ (46,704) ​ (32,545) ​ (125,795) ​ (85,994) Net gain on sale of consumer loans held for sale ​ 1,175 ​ 951 ​ 3,293 ​ 2,507 Balance, end of period ​ $ 6,080 ​ $ 8,443 ​ $ 6,080 ​ $ 8,443 ​ 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 Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 23,860 ​ $ 15,787 ​ $ 16,094 ​ $ 13,169 Origination of consumer loans held for sale ​ 307,145 ​ 252,808 ​ 820,233 ​ 669,490 Proceeds from the sale of consumer loans held for sale ​ (314,206) ​ (257,452) ​ (824,454) ​ (675,503) Net gain on sale of consumer loans held for sale ​ 3,002 ​ 2,386 ​ 7,928 ​ 6,373 Balance, end of period ​ $ 19,801 ​ $ 13,529 ​ $ 19,801 ​ $ 13,529 ​

LOANS AND ALLOWANCE FOR CREDIT

LOANS AND ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
	Sep. 30, 2024
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) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ Owner-occupied ​ $ 1,046,385 ​ $ 1,144,684 Nonowner-occupied ​ 326,273 ​ 345,965 Commercial real estate (1) ​ 1,813,303 ​ 1,785,289 Construction & land development ​ 247,730 ​ 217,338 Commercial & industrial ​ 437,911 ​ 464,078 Lease financing receivables ​ 89,653 ​ 88,591 Aircraft ​ ​ 235,327 ​ ​ 250,051 Home equity ​ 341,204 ​ 295,133 Consumer: ​ ​ ​ ​ ​ ​ Credit cards ​ 16,762 ​ 16,654 Overdrafts ​ 827 ​ 694 Automobile loans ​ 1,340 ​ 2,664 Other consumer ​ 10,181 ​ 7,428 Total Traditional Banking ​ ​ 4,566,896 ​ ​ 4,618,569 Warehouse lines of credit* ​ 595,163 ​ 339,723 Total Core Banking ​ ​ 5,162,059 ​ ​ 4,958,292 ​ ​ ​ ​ ​ ​ ​ Republic Processing Group*: ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ — ​ ​ 103,115 Other TRS commercial & industrial loans ​ ​ 302 ​ ​ 46,092 Republic Credit Solutions ​ ​ 134,556 ​ 132,362 Total Republic Processing Group ​ ​ 134,858 ​ ​ 281,569 ​ ​ ​ ​ ​ ​ ​ Total loans** ​ 5,296,917 ​ 5,239,861 Allowance for credit losses ​ (82,158) ​ (82,130) ​ ​ ​ ​ ​ ​ ​ Total loans, net ​ $ 5,214,759 ​ $ 5,157,731 *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. (1) The approximate percentage of Nonowner-occupied CRE loans to total CRE loans was 64% and 63% , respectively, for September 30, 2024 and December 31, 2023. The approximate percentage of Owner-occupied CRE loans to total CRE loans was 36% and 37% , respectively, for September 30, 2024 and December 31, 2023. ​ ​ The following table reconciles the contractually receivable and carrying amounts of loans: ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Contractually receivable ​ $ 5,304,509 ​ $ 5,246,621 Unearned income ​ (3,126) ​ (2,556) Unamortized premiums ​ 224 ​ 1,060 Unaccreted discounts ​ (1,809) ​ (2,533) Other net unamortized deferred origination (fees) and costs ​ (2,881) ​ (2,731) Carrying value of loans ​ $ 5,296,917 ​ $ 5,239,861 ​ ​ Credit Quality Indicators ​ The following tables include loans by segment, risk category, and, for non-revolving loans, origination year. Loan segments and risk categories as of September 30, 2024 remain unchanged from those defined in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. 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. Loan extensions and renewals classified as loan modifications generally receive no change in origination date upon extension or renewal. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year ​ Amortized ​ Converted ​ ​ ​ As of September 30, 2024 ​ 2024 ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate owner-occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 66,466 ​ $ 242,069 ​ $ 189,402 ​ $ 161,944 ​ $ 156,724 ​ $ 201,870 ​ $ — ​ $ 5,825 ​ $ 1,024,300 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 96 ​ ​ 5,488 ​ ​ — ​ ​ — ​ ​ 5,584 Substandard ​ ​ 11 ​ ​ 715 ​ ​ 1,939 ​ ​ 2,260 ​ ​ 2,018 ​ ​ 9,558 ​ ​ — ​ ​ — ​ ​ 16,501 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 66,477 ​ $ 242,784 ​ $ 191,341 ​ $ 164,204 ​ $ 158,838 ​ $ 216,916 ​ $ — ​ $ 5,825 ​ $ 1,046,385 YTD Gross Charge-offs ​ $ — ​ $ 10 ​ $ 39 ​ $ 13 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 62 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate nonowner-occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 11,204 ​ $ 54,563 ​ $ 58,719 ​ $ 70,475 ​ $ 59,171 ​ $ 62,420 ​ $ — ​ $ 7,808 ​ $ 324,360 Special Mention ​ ​ — ​ ​ — ​ ​ 1,841 ​ ​ — ​ ​ — ​ ​ 20 ​ ​ — ​ ​ — ​ ​ 1,861 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 52 ​ ​ — ​ ​ — ​ ​ 52 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 11,204 ​ $ 54,563 ​ $ 60,560 ​ $ 70,475 ​ $ 59,171 ​ $ 62,492 ​ $ — ​ $ 7,808 ​ $ 326,273 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 86,991 ​ $ 219,028 ​ $ 345,505 ​ $ 278,035 ​ $ 306,211 ​ $ 327,303 ​ $ 33,192 ​ $ 178,283 ​ $ 1,774,548 Special Mention ​ ​ 1,182 ​ ​ — ​ ​ — ​ ​ 4,840 ​ ​ 5,964 ​ ​ 24,930 ​ ​ 317 ​ ​ — ​ ​ 37,233 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,090 ​ ​ 432 ​ ​ — ​ ​ — ​ ​ 1,522 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 88,173 ​ $ 219,028 ​ $ 345,505 ​ $ 282,875 ​ $ 313,265 ​ $ 352,665 ​ $ 33,509 ​ $ 178,283 ​ $ 1,813,303 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction and land development: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 24,164 ​ $ 110,382 ​ $ 88,554 ​ $ 16,886 ​ $ 2,532 ​ $ 4,109 ​ $ 862 ​ $ — ​ $ 247,489 Special Mention ​ ​ — ​ ​ 241 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 241 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 24,164 ​ $ 110,623 ​ $ 88,554 ​ $ 16,886 ​ $ 2,532 ​ $ 4,109 ​ $ 862 ​ $ — ​ $ 247,730 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 54,742 ​ $ 80,322 ​ $ 67,288 ​ $ 51,615 ​ $ 27,939 ​ $ 27,519 ​ $ 115,632 ​ $ 4,815 ​ $ 429,872 Special Mention ​ ​ 74 ​ ​ 38 ​ ​ 387 ​ ​ 1,400 ​ ​ 1,056 ​ ​ 2,303 ​ ​ 1,850 ​ ​ — ​ ​ 7,108 Substandard ​ ​ — ​ ​ — ​ ​ 105 ​ ​ 2 ​ ​ — ​ ​ 339 ​ ​ 141 ​ ​ 344 ​ ​ 931 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 54,816 ​ $ 80,360 ​ $ 67,780 ​ $ 53,017 ​ $ 28,995 ​ $ 30,161 ​ $ 117,623 ​ $ 5,159 ​ $ 437,911 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease financing receivables: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 23,107 ​ $ 37,526 ​ $ 17,812 ​ $ 6,883 ​ $ 2,813 ​ $ 740 ​ $ — ​ $ — ​ $ 88,881 Special Mention ​ ​ — ​ ​ 151 ​ ​ 23 ​ ​ 67 ​ ​ 88 ​ ​ 67 ​ ​ — ​ ​ — ​ ​ 396 Substandard ​ ​ — ​ ​ — ​ ​ 343 ​ ​ 33 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 376 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 23,107 ​ $ 37,677 ​ $ 18,178 ​ $ 6,983 ​ $ 2,901 ​ $ 807 ​ $ — ​ $ — ​ $ 89,653 YTD Gross Charge-offs ​ $ — ​ $ 45 ​ $ 13 ​ $ — ​ $ — ​ $ 32 ​ $ — ​ $ — ​ $ 90 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aircraft: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 25,211 ​ $ 80,760 ​ $ 48,925 ​ $ 36,720 ​ $ 25,287 ​ $ 18,051 ​ $ — ​ $ — ​ $ 234,954 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ 315 ​ ​ — ​ ​ 58 ​ ​ — ​ ​ — ​ ​ 373 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 25,211 ​ $ 80,760 ​ $ 48,925 ​ $ 37,035 ​ $ 25,287 ​ $ 18,109 ​ $ — ​ $ — ​ $ 235,327 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 339,134 ​ $ — ​ $ 339,134 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 2,070 ​ ​ — ​ ​ 2,070 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 341,204 ​ $ — ​ $ 341,204 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 29 ​ $ — ​ $ 29 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year (Continued) ​ Amortized ​ Converted ​ ​ ​ ​ As of September 30, 2024 ​ 2024 ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 5,480 ​ $ 2,714 ​ $ 274 ​ $ 110 ​ $ 32 ​ $ 1,728 ​ $ 18,764 ​ $ — ​ $ 29,102 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 8 ​ ​ — ​ ​ — ​ ​ 8 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 5,480 ​ $ 2,714 ​ $ 274 ​ $ 110 ​ $ 32 ​ $ 1,736 ​ $ 18,764 ​ $ — ​ $ 29,110 ​ YTD Gross Charge-offs ​ $ 823 ​ $ 1,169 ​ $ — ​ $ 1 ​ $ — ​ $ — ​ $ 848 ​ $ — ​ $ 2,841 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Warehouse: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 595,163 ​ $ — ​ $ 595,163 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 595,163 ​ $ — ​ $ 595,163 ​ YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TRS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 302 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 302 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 302 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 302 ​ YTD Gross Charge-offs ​ $ 32,692 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 32,692 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RCS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 10,167 ​ $ 12,450 ​ $ 3,701 ​ $ 334 ​ $ 334 ​ $ 41,201 ​ $ 66,110 ​ $ — ​ $ 134,297 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 259 ​ ​ — ​ ​ 259 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 10,167 ​ $ 12,450 ​ $ 3,701 ​ $ 334 ​ $ 334 ​ $ 41,201 ​ $ 66,369 ​ $ — ​ $ 134,556 ​ YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 13,882 ​ $ — ​ $ 13,882 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grand Total: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 307,834 ​ $ 839,814 ​ $ 820,180 ​ $ 623,002 ​ $ 581,043 ​ $ 684,941 ​ $ 1,168,857 ​ $ 196,731 ​ $ 5,222,402 ​ Special Mention ​ ​ 1,256 ​ ​ 430 ​ ​ 2,251 ​ ​ 6,307 ​ ​ 7,204 ​ ​ 32,808 ​ ​ 2,167 ​ ​ — ​ ​ 52,423 ​ Substandard ​ ​ 11 ​ ​ 715 ​ ​ 2,387 ​ ​ 2,610 ​ ​ 3,108 ​ ​ 10,447 ​ ​ 2,470 ​ ​ 344 ​ ​ 22,092 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Grand Total ​ $ 309,101 ​ $ 840,959 ​ $ 824,818 ​ $ 631,919 ​ $ 591,355 ​ $ 728,196 ​ $ 1,173,494 ​ $ 197,075 ​ $ 5,296,917 ​ YTD Gross Charge-offs ​ $ 33,515 ​ $ 1,224 ​ $ 52 ​ $ 14 ​ $ — ​ $ 32 ​ $ 14,759 ​ $ — ​ $ 49,596 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year ​ Amortized ​ Converted ​ ​ ​ As of December 31, 2023 ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate owner-occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 346,195 ​ $ 200,715 ​ $ 175,030 ​ $ 167,493 ​ $ 59,982 ​ $ 170,402 ​ $ — ​ $ 2,474 ​ $ 1,122,291 Special Mention ​ ​ 41 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 6,309 ​ ​ — ​ ​ — ​ ​ 6,350 Substandard ​ ​ — ​ ​ 2,526 ​ ​ 1,885 ​ ​ 1,226 ​ ​ 1,040 ​ ​ 9,366 ​ ​ — ​ ​ — ​ ​ 16,043 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 346,236 ​ $ 203,241 ​ $ 176,915 ​ $ 168,719 ​ $ 61,022 ​ $ 186,077 ​ $ — ​ $ 2,474 ​ $ 1,144,684 YTD Gross Charge-offs ​ $ — ​ $ 10 ​ $ 16 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 26 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate nonowner-occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 63,405 ​ $ 69,827 ​ $ 82,814 ​ $ 47,395 ​ $ 28,416 ​ $ 44,280 ​ $ — ​ $ 7,597 ​ $ 343,734 Special Mention ​ ​ 170 ​ ​ 1,971 ​ ​ — ​ ​ — ​ ​ — ​ ​ 26 ​ ​ — ​ ​ — ​ ​ 2,167 Substandard ​ ​ — ​ ​ — ​ ​ 16 ​ ​ — ​ ​ — ​ ​ 48 ​ ​ — ​ ​ — ​ ​ 64 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 63,575 ​ $ 71,798 ​ $ 82,830 ​ $ 47,395 ​ $ 28,416 ​ $ 44,354 ​ $ — ​ $ 7,597 ​ $ 345,965 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 342,658 ​ $ 439,643 ​ $ 351,600 ​ $ 174,093 ​ $ 84,457 ​ $ 179,849 ​ $ 32,491 ​ $ 143,670 ​ $ 1,748,461 Special Mention ​ ​ 23,852 ​ ​ 1,020 ​ ​ 374 ​ ​ — ​ ​ 3,668 ​ ​ 5,330 ​ ​ 1,716 ​ ​ — ​ ​ 35,960 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 868 ​ ​ — ​ ​ — ​ ​ 868 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 366,510 ​ $ 440,663 ​ $ 351,974 ​ $ 174,093 ​ $ 88,125 ​ $ 186,047 ​ $ 34,207 ​ $ 143,670 ​ $ 1,785,289 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction and land development: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 107,827 ​ $ 89,106 ​ $ 16,936 ​ $ 297 ​ $ 125 ​ $ 125 ​ $ 225 ​ $ 2,697 ​ $ 217,338 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 107,827 ​ $ 89,106 ​ $ 16,936 ​ $ 297 ​ $ 125 ​ $ 125 ​ $ 225 ​ $ 2,697 ​ $ 217,338 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, 2023 ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 140,753 ​ $ 87,497 ​ $ 70,149 ​ $ 13,150 ​ $ 10,175 ​ $ 10,782 ​ $ 120,069 ​ $ 3,968 ​ $ 456,543 Special Mention ​ ​ 349 ​ ​ 423 ​ ​ 3,473 ​ ​ — ​ ​ — ​ ​ 1,476 ​ ​ 542 ​ ​ — ​ ​ 6,263 Substandard ​ ​ 49 ​ ​ 36 ​ ​ 3 ​ ​ — ​ ​ 339 ​ ​ — ​ ​ 25 ​ ​ 820 ​ ​ 1,272 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 141,151 ​ $ 87,956 ​ $ 73,625 ​ $ 13,150 ​ $ 10,514 ​ $ 12,258 ​ $ 120,636 ​ $ 4,788 ​ $ 464,078 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease financing receivables: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 45,824 ​ $ 23,956 ​ $ 10,265 ​ $ 4,571 ​ $ 2,344 ​ $ 545 ​ $ — ​ $ — ​ $ 87,505 Special Mention ​ ​ 429 ​ ​ 30 ​ ​ 162 ​ ​ 183 ​ ​ 27 ​ ​ 88 ​ ​ — ​ ​ — ​ ​ 919 Substandard ​ ​ — ​ ​ 102 ​ ​ — ​ ​ — ​ ​ — ​ ​ 65 ​ ​ — ​ ​ — ​ ​ 167 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 46,253 ​ $ 24,088 ​ $ 10,427 ​ $ 4,754 ​ $ 2,371 ​ $ 698 ​ $ — ​ $ — ​ $ 88,591 YTD Gross Charge-offs ​ $ 20 ​ $ 113 ​ $ — ​ $ — ​ $ — ​ $ 8 ​ $ — ​ $ — ​ $ 141 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aircraft: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 97,761 ​ $ 55,896 ​ $ 44,721 ​ $ 30,628 ​ $ 14,195 ​ $ 6,850 ​ $ — ​ $ — ​ $ 250,051 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 97,761 ​ $ 55,896 ​ $ 44,721 ​ $ 30,628 ​ $ 14,195 ​ $ 6,850 ​ $ — ​ $ — ​ $ 250,051 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 292,890 ​ $ — ​ $ 292,890 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 235 ​ ​ — ​ ​ 235 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 2,008 ​ ​ — ​ ​ 2,008 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 295,133 ​ $ — ​ $ 295,133 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 2 ​ $ — ​ $ 2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 3,947 ​ $ 1,194 ​ $ 181 ​ $ 74 ​ $ 1,186 ​ $ 2,234 ​ $ 18,611 ​ $ — ​ $ 27,427 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1 ​ ​ 12 ​ ​ — ​ ​ — ​ ​ 13 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 3,947 ​ $ 1,194 ​ $ 181 ​ $ 74 ​ $ 1,187 ​ $ 2,246 ​ $ 18,611 ​ $ — ​ $ 27,440 YTD Gross Charge-offs ​ $ 9 ​ $ 11 ​ $ 8 ​ $ — ​ $ — ​ $ 7 ​ $ 1,147 ​ $ — ​ $ 1,182 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Warehouse: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 339,723 ​ $ — ​ $ 339,723 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 339,723 ​ $ — ​ $ 339,723 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TRS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated (1) ​ $ 149,207 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 149,207 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total (1) ​ $ 149,207 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 149,207 YTD Gross Charge-offs (1) ​ $ 20,418 ​ $ 5,533 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 25,951 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RCS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 30,607 ​ $ 7,203 ​ $ 579 ​ $ 454 ​ $ 996 ​ $ 36,372 ​ $ 54,634 ​ $ — ​ $ 130,845 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,517 ​ ​ — ​ ​ 1,517 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 30,607 ​ $ 7,203 ​ $ 579 ​ $ 454 ​ $ 996 ​ $ 36,372 ​ $ 56,151 ​ $ — ​ $ 132,362 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 13,912 ​ $ — ​ $ 13,912 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grand Total: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 1,328,184 ​ $ 975,037 ​ $ 752,275 ​ $ 438,155 ​ $ 201,876 ​ $ 451,439 ​ $ 858,643 ​ $ 160,406 ​ $ 5,166,015 Special Mention ​ ​ 24,841 ​ ​ 3,444 ​ ​ 4,009 ​ ​ 183 ​ ​ 3,695 ​ ​ 13,229 ​ ​ 2,493 ​ ​ — ​ ​ 51,894 Substandard ​ ​ 49 ​ ​ 2,664 ​ ​ 1,904 ​ ​ 1,226 ​ ​ 1,380 ​ ​ 10,359 ​ ​ 3,550 ​ ​ 820 ​ ​ 21,952 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Grand Total ​ $ 1,353,074 ​ $ 981,145 ​ $ 758,188 ​ $ 439,564 ​ $ 206,951 ​ $ 475,027 ​ $ 864,686 ​ $ 161,226 ​ $ 5,239,861 YTD Gross Charge-offs ​ $ 20,447 ​ $ 5,667 ​ $ 24 ​ $ — ​ $ — ​ $ 15 ​ $ 15,061 ​ $ — ​ $ 41,214 (1) Loans and YTD Gross Charge-offs have been revised for an immaterial correction into Term Loan categories from a Revolving Loan category as previously reported in the 2023 Annual Report on Form 10-K. ​ Allowance for Credit Losses on Loans ​ The following table presents the activity in the ACLL by portfolio class: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Roll-forward ​ ​ ​ Three Months Ended September 30, ​ ​ ​ 2024 ​ 2023 ​ ​ ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending ​ ​ Beginning ​ CBank ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ Balance ​ Adjustment* ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ ​ $ 9,544 ​ $ (141) ​ $ (10) ​ $ 24 ​ $ 9,417 ​ $ 9,899 ​ $ — ​ $ 318 ​ $ (9) ​ $ 23 ​ $ 10,231 Nonowner-occupied ​ ​ ​ 2,957 ​ ​ (52) ​ ​ — ​ ​ 1 ​ ​ 2,906 ​ ​ 3,086 ​ ​ — ​ ​ (51) ​ ​ — ​ ​ 1 ​ ​ 3,036 Commercial real estate ​ ​ ​ 26,161 ​ ​ (135) ​ ​ — ​ ​ 313 ​ ​ 26,339 ​ ​ 25,089 ​ ​ — ​ ​ 251 ​ ​ — ​ ​ 7 ​ ​ 25,347 Construction & land development ​ ​ ​ 6,922 ​ ​ (261) ​ ​ — ​ ​ — ​ ​ 6,661 ​ ​ 4,811 ​ ​ — ​ ​ 325 ​ ​ — ​ ​ — ​ ​ 5,136 Commercial & industrial ​ ​ ​ 4,133 ​ ​ (122) ​ ​ — ​ ​ 1 ​ ​ 4,012 ​ ​ 4,322 ​ ​ — ​ ​ (148) ​ ​ — ​ ​ 7 ​ ​ 4,181 Lease financing receivables ​ ​ ​ 1,116 ​ ​ 8 ​ ​ (32) ​ ​ 24 ​ ​ 1,116 ​ ​ 825 ​ ​ — ​ ​ 265 ​ ​ — ​ ​ 10 ​ ​ 1,100 Aircraft ​ ​ ​ 601 ​ ​ (13) ​ ​ — ​ ​ — ​ ​ 588 ​ ​ 521 ​ ​ — ​ ​ 46 ​ ​ — ​ ​ — ​ ​ 567 Home equity ​ ​ ​ 6,059 ​ ​ 310 ​ ​ (29) ​ ​ 10 ​ ​ 6,350 ​ ​ 4,770 ​ ​ — ​ ​ 375 ​ ​ — ​ ​ 1 ​ ​ 5,146 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 1,067 ​ ​ 24 ​ ​ (59) ​ ​ 48 ​ ​ 1,080 ​ ​ 1,103 ​ ​ — ​ ​ 3 ​ ​ (30) ​ ​ 16 ​ ​ 1,092 Overdrafts ​ ​ ​ 658 ​ ​ 181 ​ ​ (231) ​ ​ 51 ​ ​ 659 ​ ​ 706 ​ ​ — ​ ​ 128 ​ ​ (243) ​ ​ 49 ​ ​ 640 Automobile loans ​ ​ ​ 19 ​ ​ (25) ​ ​ — ​ ​ 20 ​ ​ 14 ​ ​ 53 ​ ​ — ​ ​ 16 ​ ​ (30) ​ ​ 2 ​ ​ 41 Other consumer ​ ​ ​ 628 ​ ​ 1,714 ​ ​ (1,947) ​ ​ 12 ​ ​ 407 ​ ​ 382 ​ ​ — ​ ​ 39 ​ ​ (20) ​ ​ 13 ​ ​ 414 Total Traditional Banking ​ ​ ​ 59,865 ​ ​ 1,488 ​ ​ (2,308) ​ ​ 504 ​ ​ 59,549 ​ ​ 55,567 ​ ​ — ​ ​ 1,567 ​ ​ (332) ​ ​ 129 ​ ​ 56,931 Warehouse lines of credit ​ ​ ​ 1,370 ​ ​ 116 ​ ​ — ​ ​ — ​ ​ 1,486 ​ ​ 1,346 ​ ​ — ​ ​ (203) ​ ​ — ​ ​ — ​ ​ 1,143 Total Core Banking ​ ​ ​ 61,235 ​ ​ 1,604 ​ ​ (2,308) ​ ​ 504 ​ ​ 61,035 ​ ​ 56,913 ​ ​ — ​ ​ 1,364 ​ ​ (332) ​ ​ 129 ​ ​ 58,074 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ ​ — ​ ​ (2,311) ​ ​ — ​ ​ 2,311 ​ ​ — ​ ​ — ​ ​ — ​ ​ (1,939) ​ ​ — ​ ​ 1,939 ​ ​ — Other TRS commercial & industrial loans ​ ​ ​ — ​ ​ 1 ​ ​ — ​ ​ — ​ ​ 1 ​ ​ — ​ ​ — ​ ​ (28) ​ ​ — ​ ​ 29 ​ ​ 1 Republic Credit Solutions ​ ​ ​ 19,452 ​ ​ 6,365 ​ ​ (5,022) ​ ​ 327 ​ ​ 21,122 ​ ​ 15,289 ​ ​ — ​ ​ 4,333 ​ ​ (3,340) ​ ​ 219 ​ ​ 16,501 Total Republic Processing Group ​ ​ ​ 19,452 ​ ​ 4,055 ​ ​ (5,022) ​ ​ 2,638 ​ ​ 21,123 ​ ​ 15,289 ​ ​ — ​ ​ 2,366 ​ ​ (3,340) ​ ​ 2,187 ​ ​ 16,502 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 80,687 ​ $ 5,659 ​ $ (7,330) ​ $ 3,142 ​ $ 82,158 ​ $ 72,202 ​ $ — ​ $ 3,730 ​ $ (3,672) ​ $ 2,316 ​ $ 74,576 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * The net fair value adjustment to ACLL includes an estimate of lifetime credit losses for PCD loans. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Roll-forward ​ ​ ​ Nine Months Ended September 30, ​ ​ ​ 2024 2023 ​ ​ ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending ​ ​ Beginning ​ CBank ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ Balance ​ Adjustment* ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ ​ $ 10,337 ​ $ (961) ​ $ (62) ​ $ 103 ​ $ 9,417 ​ $ 8,909 ​ $ — ​ $ 1,298 ​ $ (24) ​ $ 48 ​ $ 10,231 Nonowner-occupied ​ ​ ​ 3,047 ​ ​ (143) ​ ​ — ​ ​ 2 ​ ​ 2,906 ​ ​ 2,831 ​ ​ — ​ ​ 203 ​ ​ — ​ ​ 2 ​ ​ 3,036 Commercial real estate ​ ​ ​ 25,830 ​ ​ 173 ​ ​ — ​ ​ 336 ​ ​ 26,339 ​ ​ 23,739 ​ ​ — ​ ​ 1,542 ​ ​ — ​ ​ 66 ​ ​ 25,347 Construction & land development ​ ​ ​ 6,060 ​ ​ 601 ​ ​ — ​ ​ — ​ ​ 6,661 ​ ​ 4,123 ​ ​ — ​ ​ 1,013 ​ ​ — ​ ​ — ​ ​ 5,136 Commercial & industrial ​ ​ ​ 4,236 ​ ​ (227) ​ ​ — ​ ​ 3 ​ ​ 4,012 ​ ​ 3,976 ​ ​ — ​ ​ 89 ​ ​ — ​ ​ 116 ​ ​ 4,181 Lease financing receivables ​ ​ ​ 1,061 ​ ​ 99 ​ ​ (90) ​ ​ 46 ​ ​ 1,116 ​ ​ 110 ​ ​ 216 ​ ​ 764 ​ ​ — ​ ​ 10 ​ ​ 1,100 Aircraft ​ ​ ​ 625 ​ ​ (37) ​ ​ — ​ ​ — ​ ​ 588 ​ ​ 449 ​ ​ — ​ ​ 118 ​ ​ — ​ ​ — ​ ​ 567 Home equity ​ ​ ​ 5,501 ​ ​ 867 ​ ​ (29) ​ ​ 11 ​ ​ 6,350 ​ ​ 4,628 ​ ​ — ​ ​ 516 ​ ​ — ​ ​ 2 ​ ​ 5,146 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 1,074 ​ ​ 133 ​ ​ (190) ​ ​ 63 ​ ​ 1,080 ​ ​ 996 ​ ​ — ​ ​ 158 ​ ​ (103) ​ ​ 41 ​ ​ 1,092 Overdrafts ​ ​ ​ 694 ​ ​ 443 ​ ​ (658) ​ ​ 180 ​ ​ 659 ​ ​ 726 ​ ​ — ​ ​ 437 ​ ​ (676) ​ ​ 153 ​ ​ 640 Automobile loans ​ ​ ​ 32 ​ ​ (41) ​ ​ — ​ ​ 23 ​ ​ 14 ​ ​ 87 ​ ​ — ​ ​ (16) ​ ​ (37) ​ ​ 7 ​ ​ 41 Other consumer ​ ​ ​ 501 ​ ​ 1,860 ​ ​ (1,993) ​ ​ 39 ​ ​ 407 ​ ​ 135 ​ ​ — ​ ​ 289 ​ ​ (62) ​ ​ 52 ​ ​ 414 Total Traditional Banking ​ ​ ​ 58,998 ​ ​ 2,767 ​ ​ (3,022) ​ ​ 806 ​ ​ 59,549 ​ ​ 50,709 ​ ​ 216 ​ ​ 6,411 ​ ​ (902) ​ ​ 497 ​ ​ 56,931 Warehouse lines of credit ​ ​ ​ 847 ​ ​ 639 ​ ​ — ​ ​ — ​ ​ 1,486 ​ ​ 1,009 ​ ​ — ​ ​ 134 ​ ​ — ​ ​ — ​ ​ 1,143 Total Core Banking ​ ​ ​ 59,845 ​ ​ 3,406 ​ ​ (3,022) ​ ​ 806 ​ ​ 61,035 ​ ​ 51,718 ​ ​ 216 ​ ​ 6,545 ​ ​ (902) ​ ​ 497 ​ ​ 58,074 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ ​ 3,929 ​ ​ 22,249 ​ ​ (32,555) ​ ​ 6,377 ​ ​ — ​ ​ 3,797 ​ ​ — ​ ​ 19,615 ​ ​ (25,823) ​ ​ 2,411 ​ ​ — Other TRS commercial & industrial loans ​ ​ ​ 61 ​ ​ 33 ​ ​ (137) ​ ​ 44 ​ ​ 1 ​ ​ 91 ​ ​ — ​ ​ 7 ​ ​ (128) ​ ​ 31 ​ ​ 1 Republic Credit Solutions ​ ​ ​ 18,295 ​ ​ 15,742 ​ ​ (13,882) ​ ​ 967 ​ ​ 21,122 ​ ​ 14,807 ​ ​ — ​ ​ 10,468 ​ ​ (9,459) ​ ​ 685 ​ ​ 16,501 Total Republic Processing Group ​ ​ ​ 22,285 ​ ​ 38,024 ​ ​ (46,574) ​ ​ 7,388 ​ ​ 21,123 ​ ​ 18,695 ​ ​ — ​ ​ 30,090 ​ ​ (35,410) ​ ​ 3,127 ​ ​ 16,502 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 82,130 ​ $ 41,430 ​ $ (49,596) ​ $ 8,194 ​ $ 82,158 ​ $ 70,413 ​ $ 216 ​ $ 36,635 ​ $ (36,312) ​ $ 3,624 ​ $ 74,576 * The net fair value adjustment to ACLL includes an estimate of lifetime credit losses for PCD loans. ​ The cumulative loss rate used as the basis for the estimate of the Company’s ACLL as of September 30, 2024 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. ​ Nonperforming Loans and Nonperforming Assets ​ Detail of nonperforming loans, nonperforming assets, and select credit quality ratios follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ (dollars in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ Loans on nonaccrual status* ​ $ 19,381 ​ $ 19,150 ​ Loans past due 90-days-or-more and still on accrual** ​ 164 ​ 1,468 ​ Total nonperforming loans ​ 19,545 ​ 20,618 ​ Other real estate owned ​ 1,212 ​ 1,370 ​ Total nonperforming assets ​ $ 20,757 ​ $ 21,988 ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Quality Ratios - Total Company: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonperforming loans to total loans ​ 0.37 % 0.39 % Nonperforming assets to total loans (including OREO) ​ 0.39 ​ 0.42 ​ Nonperforming assets to total assets ​ 0.31 ​ 0.33 ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Quality Ratios - Core Bank: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonperforming loans to total loans ​ 0.38 % 0.39 % Nonperforming assets to total loans (including OREO) ​ 0.40 ​ 0.41 ​ Nonperforming assets to total assets ​ 0.33 ​ 0.35 ​ * 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 nonaccrual loans and loans past due 90-days-or-more and still on accrual by class of loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Past Due 90-Days-or-More ​ ​ Nonaccrual ​ ​ and Still Accruing Interest* (in thousands) September 30, 2024 December 31, 2023 September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ $ 15,660 ​ $ 15,056 ​ ​ $ — ​ $ — Nonowner-occupied ​ 64 ​ 64 ​ ​ — ​ — Commercial real estate ​ 737 ​ 850 ​ ​ — ​ — Construction & land development ​ — ​ — ​ ​ — ​ — Commercial & industrial ​ 854 ​ 1,221 ​ ​ — ​ — Lease financing receivables ​ 134 ​ — ​ ​ — ​ — Aircraft ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — Home equity ​ 1,868 ​ 1,948 ​ ​ — ​ — Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ — ​ — ​ ​ — ​ — Overdrafts ​ — ​ — ​ ​ — ​ — Automobile loans ​ 5 ​ 10 ​ ​ — ​ — Other consumer ​ 59 ​ 1 ​ ​ — ​ — Total Traditional Banking ​ ​ 19,381 ​ ​ 19,150 ​ ​ ​ — ​ ​ — Warehouse lines of credit ​ — ​ — ​ ​

DEPOSITS

DEPOSITS	9 Months Ended
	Sep. 30, 2024
DEPOSITS
DEPOSITS	6. DEPOSITS ​ The composition of the deposit portfolio follows: ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Core Bank: ​ ​ ​ ​ ​ ​ Demand ​ $ 1,158,108 ​ $ 1,158,051 Money market accounts ​ 1,232,060 ​ 1,007,356 Savings ​ 259,076 ​ 263,238 Reciprocal money market ​ 263,602 ​ 188,078 Individual retirement accounts (1) ​ 35,555 ​ 33,793 Time deposits, $250 and over (1) ​ 118,043 ​ 101,787 Other certificates of deposit (1) ​ 241,025 ​ 225,614 Reciprocal time deposits (1) ​ 100,888 ​ 90,857 Wholesale brokered deposits (1) ​ ​ 87,252 ​ ​ 88,767 Total Core Bank interest-bearing deposits ​ 3,495,609 ​ 3,157,541 Total Core Bank noninterest-bearing deposits ​ ​ 1,157,979 ​ ​ 1,239,466 Total Core Bank deposits ​ ​ 4,653,588 ​ ​ 4,397,007 ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ Wholesale brokered deposits (1) ​ ​ — ​ ​ 199,960 Interest-bearing prepaid card deposits ​ ​ 321,681 ​ ​ — Money market accounts ​ ​ 24,320 ​ ​ 18,664 Total RPG interest-bearing deposits ​ ​ 346,001 ​ ​ 218,624 ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing prepaid card deposits ​ ​ — ​ ​ 318,769 Other noninterest-bearing deposits ​ ​ 102,107 ​ ​ 118,763 Total RPG noninterest-bearing deposits ​ ​ 102,107 ​ ​ 437,532 Total RPG deposits ​ ​ 448,108 ​ ​ 656,156 ​ ​ ​ ​ ​ ​ ​ Total deposits ​ $ 5,101,696 ​ $ 5,053,163 (1) Includes time deposits .

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024 and December 31, 2023, 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) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding balance at end of period ​ $ 79,383 ​ ​ $ 97,618 ​ Weighted average interest rate at end of period ​ 0.72 % ​ 0.50 % ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of securities pledged: ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 80,903 ​ ​ $ 99,530 ​ Total securities pledged ​ $ 80,903 ​ ​ $ 99,530 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ Nine Months Ended ​ ​ September 30, ​ ​ September 30, ​ (dollars in thousands) 2024 ​ 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period $ 73,660 ​ $ 90,063 ​ ​ $ 88,140 ​ $ 136,528 ​ Weighted average interest rate during the period ​ ​ 0.76 % ​ ​ 0.13 % ​ ​ 0.61 % ​ ​ 0.44 % Maximum outstanding at any month end during the period $ 79,383 ​ $ 88,862 ​ ​ $ 113,281 ​ $ 224,067 ​ ​

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	9 Months Ended
	Sep. 30, 2024
FEDERAL HOME LOAN BANK ADVANCES
FEDERAL HOME LOAN BANK ADVANCES	8. FEDERAL HOME LOAN BANK ADVANCES ​ FHLB advances were as follows: ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Overnight advances ​ $ — ​ $ 110,000 Fixed interest rate advances ​ 370,000 ​ 270,000 Total FHLB advances ​ $ 370,000 ​ $ 380,000 ​ Each FHLB advance is payable at its maturity date, with a prepayment penalty for fixed rate advances that are paid off earlier than maturity. FHLB advances are collateralized by a blanket pledge of eligible real estate loans. As of September 30, 2024 and December 31, 2023, Republic had available borrowing capacity of $775 million and $730 million, respectively, from the FHLB. In addition to its borrowing capacity with the FHLB, Republic also had unsecured lines of credit totaling $100 million available through various other financial institutions as of September 30, 2024 and December 31, 2023. ​ 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 ​ ​ ​ ​ ​ ​ ​ 2024 $ — ​ — % 2025 ​ 100,000 5.05 ​ 2026 ​ 30,000 4.82 ​ 2027 ​ ​ 80,000 4.01 ​ 2028 ​ 160,000 4.39 ​ Total ​ $ 370,000 4.52 % ​ Due to their nature, the Bank considers average balance information more meaningful than period-end balances for its overnight borrowings from the FHLB. Information regarding overnight FHLB advances follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ Nine Months Ended ​ ​ ​ September 30, ​ ​ September 30, ​ (dollars in thousands) 2024 ​ 2023 ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period $ 17,989 ​ $ 250,348 ​ $ 96,058 ​ $ 150,833 ​ Weighted average interest rate during the period ​ ​ 5.42 % ​ ​ 5.20 % ​ ​ 5.46 % ​ ​ 7.75 % Maximum outstanding at any month end during the period $ 55,000 ​ $ 365,000 ​ $ 760,000 ​ $ 485,000 ​ ​ The following table illustrates real estate loans pledged to collateralize advances and letters of credit with the FHLB: ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ First-lien, single family residential real estate ​ $ 1,208,147 ​ $ 1,345,752 ​ Home equity lines of credit ​ 300,719 ​ 266,389 ​ Multi-family commercial real estate ​ 100,759 ​ 133,565 ​ Commercial real estate ​ ​ 352,639 ​ ​ — ​ ​

OFF BALANCE SHEET RISKS, COMMIT

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	9 Months Ended
	Sep. 30, 2024
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES	9. OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES ​ Commitments to Extend Credit ​ The Company, in the normal course of business, is party to financial instruments with off balance sheet risk. These financial instruments primarily include commitments to extend credit and standby letters of credit. The contract or notional amounts of these instruments reflect the potential future obligations of the Company pursuant to those financial instruments. Creditworthiness for all instruments is evaluated on a case-by-case basis in accordance with the Company’s credit policies. Collateral from the client may be required based on the Company’s credit evaluation of the client and may include business assets of commercial clients, as well as personal property and real estate of individual clients or guarantors. ​ The Company also extends binding commitments to clients and prospective clients. Such commitments assure a borrower of financing for a specified period of time at a specified rate. The risk to the Company under such loan commitments is limited by the terms of the contracts. For example, the Company may not be obligated to advance funds if the client’s financial condition deteriorates or if the client fails to meet specific covenants. ​ An approved but unfunded loan commitment represents a potential credit risk and a liquidity risk, since the Company’s client(s) may demand immediate cash that would require funding. In addition, unfunded loan commitments represent interest rate risk as market interest rates may rise above the rate committed to the Company’s client. Since a portion of these loan commitments normally expire unused, the total amount of outstanding commitments at any point in time may not require future funding. ​ The following table presents the Company’s commitments, exclusive of mortgage banking loan commitments, for each period ended: ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Unused warehouse lines of credit ​ $ 307,837 ​ $ 623,277 Unused home equity lines of credit ​ 471,527 ​ 446,006 Unused loan commitments - other ​ 1,113,019 ​ 1,159,284 Standby letters of credit ​ 10,761 ​ 11,012 Total commitments ​ $ 1,903,144 ​ $ 2,239,579 ​ 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 nine months ended September 30, 2024 and 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLC Roll-forward ​ ​ ​ Three Months Ended ​ ​ ​ 2024 ​ 2023 ​ ​ ​ 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 ​ ​ $ 77 ​ $ 2 ​ $ — ​ $ — ​ $ 79 ​ $ 145 ​ $ (43) ​ $ — ​ $ — ​ $ 102 Unused home equity lines of credit ​ ​ ​ 110 ​ ​ 24 ​ ​ — ​ ​ — ​ ​ 134 ​ ​ 353 ​ ​ (315) ​ ​ — ​ ​ — ​ ​ 38 Unused construction lines of credit ​ ​ ​ 591 ​ ​ (64) ​ ​ — ​ ​ — ​ ​ 527 ​ ​ 633 ​ ​ 225 ​ ​ — ​ ​ — ​ ​ 858 Unused loan commitments - other ​ ​ ​ 332 ​ ​ (72) ​ ​ — ​ ​ — ​ ​ 260 ​ ​ 399 ​ ​ (57) ​ ​ — ​ ​ — ​ ​ 342 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 1,110 ​ $ (110) ​ $ — ​ $ — ​ $ 1,000 ​ $ 1,530 ​ $ (190) ​ $ — ​ $ — ​ $ 1,340 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLC Roll-forward ​ ​ ​ Nine Months Ended September 30, ​ ​ ​ 2024 ​ 2023 ​ ​ ​ 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 ​ ​ $ 116 ​ $ (37) ​ $ — ​ $ — ​ $ 79 ​ $ 190 ​ $ (88) ​ $ — ​ $ — ​ $ 102 Unused home equity lines of credit ​ ​ ​ 55 ​ ​ 79 ​ ​ — ​ ​ — ​ ​ 134 ​ ​ 332 ​ ​ (294) ​ ​ — ​ ​ — ​ ​ 38 Unused construction lines of credit ​ ​ ​ 820 ​ ​ (293) ​ ​ — ​ ​ — ​ ​ 527 ​ ​ 384 ​ ​ 474 ​ ​ — ​ ​ — ​ ​ 858 Unused loan commitments - other ​ ​ ​ 349 ​ ​ (89) ​ ​ — ​ ​ — ​ ​ 260 ​ ​ 344 ​ ​ (2) ​ ​ — ​ ​ — ​ ​ 342 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 1,340 ​ $ (340) ​ $ — ​ $ — ​ $ 1,000 ​ $ 1,250 ​ $ 90 ​ $ — ​ $ — ​ $ 1,340 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The Company decreased its ACLC during the three and nine months ended September 30, 2024 as unused commitments decreased $336 million from December 31, 2023 .

FAIR VALUE

FAIR VALUE	9 Months Ended
	Sep. 30, 2024
FAIR VALUE
FAIR VALUE	10. FAIR VALUE ​ Fair value represents the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: ​ Level 1: ​ Level 2: ​ Level 3: ​ The Bank used the following methods and significant assumptions to estimate the fair value of each type of financial instrument: ​ Available-for-sale debt securities: ​ The Bank’s U.S. Treasury securities are based on quoted market prices (Level 1 inputs) and considered highly liquid. ​ The Bank’s private label mortgage-backed security remains illiquid, and as such, the Bank classifies this security as a Level 3 security in accordance with ASC Topic 820, Fair Value Measurement ​ See in this section of the filing under Footnote 3 “Investment Securities” for additional discussion regarding the Bank’s private label mortgage-backed security. ​ The Company acquired its TRUP investment in 2015 and considered the most recent bid price for the same instrument to approximate market value as of September 30, 2024. The Company’s TRUP investment is considered highly illiquid and also valued using Level 3 inputs, as the most recent bid price for this instrument is not always considered generally observable. ​ Equity securities with readily determinable fair value: ​ The fair value of the Company’s Freddie Mac preferred stock is determined by matrix pricing, as described above (Level 2 inputs). ​ Mortgage loans held for sale, at fair value: ​ Consumer loans held for sale, at fair value: ​ Consumer loans held for investment, at fair value: ​ Mortgage banking derivatives ​ Interest rate swap agreements: ​ Collateral-dependent loans: ​ Other real estate owned: ​ Appraisals for collateral-dependent loans, impaired premises and other real estate owned are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Bank. Once the appraisal is received, a member of the Bank’s CCAD reviews the assumptions and approaches utilized in the appraisal, as well as the overall resulting fair value in comparison with independent data sources, such as recent market data or industry-wide statistics. On at least an annual basis, the Bank performs a back test of collateral appraisals by comparing actual selling prices on recent collateral sales to the most recent appraisal of such collateral. Back tests are performed for each collateral class, e.g. ​ Mortgage servicing rights: ​ ​ Assets and liabilities measured at fair value on a recurring basis ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ September 30, 2024 Using: ​ ​ ​ ​ Quoted Prices in Significant ​ ​ ​ ​ Active Markets ​ Other ​ Significant ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Total ​ ​ Assets ​ Inputs ​ Inputs ​ Fair (in thousands) ​ (Level 1) ​ (Level 2) ​ (Level 3) ​ Value Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-sale debt securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 70,069 ​ $ 234,328 ​ $ — ​ $ 304,397 Private label mortgage-backed security ​ — ​ — ​ 1,665 ​ 1,665 Mortgage-backed securities - residential ​ — ​ 134,663 ​ — ​ 134,663 Collateralized mortgage obligations ​ — ​ 20,156 ​ — ​ 20,156 Corporate bonds ​ ​ — ​ ​ 2,012 ​ ​ — ​ ​ 2,012 Trust preferred security ​ — ​ — ​ 4,023 ​ 4,023 Total available-for-sale debt securities ​ $ 70,069 ​ $ 391,159 ​ $ 5,688 ​ $ 466,916 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities with readily determinable fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 239 ​ $ — ​ $ 239 Total equity securities with readily determinable fair value ​ $ — ​ $ 239 ​ $ — ​ $ 239 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale ​ $ — ​ $ 8,526 ​ $ — ​ $ 8,526 Consumer loans held for sale ​ ​ — ​ ​ — ​ ​ 6,080 ​ ​ 6,080 Rate lock commitments ​ — ​ 535 ​ — ​ 535 Mandatory forward contracts ​ ​ — ​ ​ — ​ ​ — ​ ​ — Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ — ​ ​ 9,073 ​ ​ — ​ ​ 9,073 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock commitments ​ $ — ​ $ — ​ $ — ​ $ — Mandatory forward contracts ​ $ — ​ $ 113 ​ $ — ​ $ 113 Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ — ​ ​ 9,073 ​ ​ — ​ ​ 9,073 Interest rate swap agreements on FHLB advances ​ ​ — ​ ​ 3,960 ​ ​ — ​ ​ 3,960 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 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 ​ $ 177,784 ​ $ 229,249 ​ $ — ​ $ 407,033 Private label mortgage-backed security ​ — ​ — ​ 1,773 ​ 1,773 Mortgage-backed securities - residential ​ — ​ 154,710 ​ — ​ 154,710 Collateralized mortgage obligations ​ — ​ 21,659 ​ — ​ 21,659 Corporate bonds ​ ​ — ​ ​ 2,020 ​ ​ — ​ ​ 2,020 Trust preferred security ​ — ​ — ​ 4,118 ​ 4,118 Total available-for-sale debt securities ​ $ 177,784 ​ $ 407,638 ​ $ 5,891 ​ $ 591,313 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities with readily determinable fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 174 ​ $ — ​ $ 174 Total equity securities with readily determinable fair value ​ $ — ​ $ 174 ​ $ — ​ $ 174 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale ​ $ — ​ $ 3,227 ​ $ — ​ $ 3,227 Consumer loans held for sale ​ ​ — ​ ​ — ​ ​ 7,914 ​ ​ 7,914 Rate lock commitments ​ — ​ 243 ​ — ​ 243 Interest rate swap agreements - Bank clients and institutional swap dealer ​ — ​ 8,933 ​ — ​ 8,933 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ $ — ​ $ 61 ​ $ — ​ $ 61 Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ — ​ ​ 8,933 ​ ​ — ​ 8,933 ​ 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 nine months ended September 30, 2024 and 2023. Private Label Mortgage-Backed Security ​ The following table presents a reconciliation of the Bank’s private label mortgage-backed security measured at fair value on a recurring basis using significant unobservable inputs (Level 3): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ September 30, ​ September 30, (in thousands) 2024 ​ 2023 ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period $ 1,716 ​ $ 1,988 ​ $ 1,773 ​ $ 2,127 Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in unrealized gain (loss) 54 ​ (6) ​ 102 ​ 26 Principal paydowns (105) ​ (97) ​ (210) ​ (268) Balance, end of period $ 1,665 ​ $ 1,885 ​ $ 1,665 ​ $ 1,885 ​ The fair value of the Bank’s single private label mortgage-backed security is supported by analysis prepared by an independent third party. The third party’s approach to determining fair value involved several steps: 1) detailed collateral analysis of the underlying mortgages, including consideration of geographic location, original loan-to-value, and the weighted average FICO score of the borrowers; 2) collateral performance projections for each pool of mortgages underlying the security (probability of default, severity of default, and prepayment probabilities) and 3) discounted cash flow modeling. ​ The significant unobservable inputs in the fair value measurement of the Bank’s single private label mortgage-backed security are prepayment rates, probability of default, and loss severity in the event of default. Significant fluctuations in any of those inputs in isolation would result in a significantly different fair value measurement. ​ Quantitative information about recurring Level 3 fair value measurement inputs for the Bank’s single private label mortgage-backed security follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ September 30, 2024 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Range ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Private label mortgage-backed security ​ $ 1,665 Discounted cash flow (1) Constant prepayment rate 1.8% - 2.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Probability of default 0.2% - 9.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (3) Loss severity 25% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2023 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Range ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Private label mortgage-backed security ​ $ 1,773 Discounted cash flow (1) Constant prepayment rate 3.9% - 4.5% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Probability of default 1.8% - 9.4% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (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 Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2024 ​ 2023 ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 4,092 ​ $ 3,746 ​ $ 4,118 ​ $ 3,855 ​ Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount accretion ​ ​ 16 ​ ​ 15 ​ ​ 46 ​ ​ 44 ​ Net change in unrealized gain (loss) ​ (85) ​ 234 ​ (141) ​ 96 ​ Balance, end of period ​ $ 4,023 ​ $ 3,995 ​ $ 4,023 ​ $ 3,995 ​ ​ The fair value of the Company’s TRUP investment is based on the most recent bid price for this instrument, as provided by a third-party broker. ​ Mortgage Loans Held for Sale ​ The Bank has elected the fair value option for mortgage loans held for sale. These loans are intended for sale and the Bank believes that the fair value is the best indicator of the resolution of these loans. Interest income is recorded based on the contractual terms of the loans and in accordance with Bank policy for such instruments. None of these loans were past due 90-days-or-more or on nonaccrual as of September 30, 2024 and December 31, 2023. ​ The aggregate fair value, contractual balance, and unrealized gain were as follows: ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ $ 8,526 ​ $ 3,227 Contractual balance ​ 8,290 ​ 3,168 Unrealized gain ​ 236 ​ 59 ​ The total amount of gains and losses from changes in fair value included in earnings for the three and nine months ended September 30, 2024 and 2023 for mortgage loans held for sale are presented in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ $ 179 ​ $ 84 ​ $ 456 ​ $ 206 Change in fair value ​ 70 ​ (36) ​ 177 ​ 3 Total included in earnings ​ $ 249 ​ $ 48 ​ $ 633 ​ $ 209 ​ Consumer Loans Held for Sale ​ RCS carries loans originated through its installment loan program at fair value. Interest income is recorded based on the contractual terms of the loan and in accordance with Bank policy for such instruments. None of these loans were past due 90-days-or-more or on nonaccrual as of September 30, 2024 and December 31, 2023. ​ The significant unobservable inputs in the fair value measurement of the Bank’s short-term installment loans are the net contractual premiums and level of loans sold at a discount price. Significant fluctuations in any of those inputs in isolation would result in a significantly lower/higher fair value measurement. ​ The following table presents quantitative information about recurring Level 3 fair value measurement inputs for installment loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ September 30, 2024 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans held for sale ​ $ 6,080 Contract Terms (1) Net Premium 0.15% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Discounted Sales 10.00% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2023 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans held for sale ​ $ 7,914 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) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ $ 6,080 ​ $ 7,914 Contractual balance ​ 6,120 ​ 7,964 Unrealized loss ​ (40) ​ (50) ​ The total amount of net gains from changes in fair value included in earnings for consumer loans held for sale, at fair value, are presented in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ $ 1,464 ​ $ 1,077 ​ $ 3,995 ​ $ 2,790 Change in fair value ​ 13 ​ (16) ​ 10 ​ (23) Total included in earnings ​ $ 1,477 ​ $ 1,061 ​ $ 4,005 ​ $ 2,767 ​ Assets measured at fair value on a non-recurring basis ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ September 30, 2024 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 ​ $ — ​ $ — ​ $ 201 ​ $ 201 Total collateral-dependent loans* ​ $ — ​ $ — ​ $ 201 ​ $ 201 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate ​ $ — ​ $ — ​ $ 1,212 ​ $ 1,212 Total other real estate owned ​ $ — ​ $ — ​ $ 1,212 ​ $ 1,212 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 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 ​ $ — ​ $ — ​ $ 1,580 ​ $ 1,580 Commercial real estate ​ — ​ — ​ 795 ​ 795 Home equity ​ — ​ — ​ 104 ​ 104 Total collateral-dependent loans* ​ $ — ​ $ — ​ $ 2,479 ​ $ 2,479 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate ​ $ — ​ $ — ​ $ 1,370 ​ $ 1,370 Total other real estate owned ​ $ — ​ $ — ​ $ 1,370 ​ $ 1,370 ​ The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Range ​ ​ Fair ​ Valuation ​ Unobservable ​ (Weighted September 30, 2024 (dollars in thousands) ​ Value ​ Technique ​ Inputs ​ Average) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - residential real estate owner-occupied ​ $ 201 Sales comparison approach Adjustments determined for differences between comparable sales 2% (2%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned - commercial real estate ​ $ 1,212 Sales comparison approach Adjustments determined for differences between comparable sales 39% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Range ​ ​ Fair ​ Valuation ​ Unobservable ​ (Weighted December 31, 2023 (dollars in thousands) ​ Value ​ Technique ​ Inputs ​ Average) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - residential real estate owner-occupied ​ $ 1,580 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 27% (4%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - commercial real estate ​ $ 795 Sales comparison approach Adjustments determined for differences between comparable sales 11% (11%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - home equity ​ $ 104 Sales comparison approach Adjustments determined for differences between comparable sales 5% (5%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned - commercial real estate ​ $ 1,370 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 ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision on collateral-dependent loans ​ $ 25 ​ $ — ​ $ 56 ​ $ (20) ​ ​ Other Real Estate Owned ​ Details of other real estate owned carrying value and write downs follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Other real estate owned carried at fair value ​ $ 1,212 ​ $ 1,370 Total carrying value of other real estate owned ​ $ 1,212 ​ $ 1,370 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned write-downs during the period ​ $ 53 ​ $ 53 ​ $ 154 ​ $ 158 ​ The carrying amounts and estimated exit price fair values of all financial instruments follow: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ September 30, 2024: ​ ​ ​ ​ ​ ​ Total ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair (in thousands) ​ Value ​ Level 1 ​ Level 2 ​ Level 3 ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 530,865 ​ $ 530,865 ​ $ — ​ $ — ​ $ 530,865 Available-for-sale debt securities ​ 466,916 ​ 70,069 ​ 391,159 ​ 5,688 ​ 466,916 Held-to-maturity debt securities ​ 10,909 ​ — ​ 10,882 ​ — ​ 10,882 Equity securities with readily determinable fair values ​ ​ 239 ​ ​ — ​ ​ 239 ​ ​ — ​ ​ 239 Mortgage loans held for sale, at fair value ​ 8,526 ​ — ​ 8,526 ​ — ​ 8,526 Consumer loans held for sale, at fair value ​ ​ 6,080 ​ ​ — ​ ​ — ​ ​ 6,080 ​ ​ 6,080 Consumer loans held for sale, at the lower of cost or fair value ​ ​ 19,801 ​ ​ — ​ ​ — ​ ​ 19,801 ​ ​ 19,801 Loans, net ​ 5,214,759 ​ — ​ — ​ 5,053,585 ​ 5,053,585 Federal Home Loan Bank stock ​ 23,981 ​ — ​ — ​ — ​ NA Accrued interest receivable ​ 17,890 ​ — ​ 2,425 ​ 15,465 ​ 17,890 Mortgage servicing rights ​ ​ 7,052 ​ ​ — ​ ​ 15,753 ​ ​ — ​ ​ 15,753 Rate lock commitments ​ ​ 535 ​ ​ — ​ ​ 535 ​ ​ — ​ ​ 535 Mandatory forward contracts ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ 9,073 ​ ​ — ​ ​ 9,073 ​ ​ — ​ ​ 9,073 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing deposits ​ $ 1,260,086 ​ $ — ​ $ 1,260,086 ​ $ — ​ $ 1,260,086 Transaction deposits ​ 3,346,099 ​ — ​ 3,346,099 ​ — ​ 3,346,099 Time deposits ​ 495,511 ​ — ​ 498,513 ​ — ​ 498,513 Securities sold under agreements to repurchase and other short-term borrowings ​ 80,903 ​ — ​ 80,903 ​ — ​ 80,903 Federal Home Loan Bank advances ​ 370,000 ​ — ​ 376,509 ​ — ​ 376,509 Accrued interest payable ​ 5,179 ​ — ​ 5,179 ​ — ​ 5,179 Rate lock commitments ​ ​ 535 ​ ​ — ​ ​ 535 ​ ​ — ​ ​ 535 Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ 9,073 ​ ​ — ​ ​ 9,073 ​ ​ — ​ ​ 9,073 Interest rate swap agreements on FHLB advances ​ ​ 3,960 ​ ​ — ​ ​ 3,960 ​ ​ — ​ ​ 3,960 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 2023: ​ ​ ​ ​ ​ Total ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair (in thousands) ​ Value ​ Level 1 ​ Level 2 ​ Level 3 ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 316,567 ​ $ 316,567 ​ $ — ​ $ — ​ $ 316,567 Available-for-sale debt securities ​ 591,313 ​ 177,784 ​ 407,638 ​ 5,891 ​ 591,313 Held-to-maturity debt securities ​ 76,387 ​ — ​ 76,167 ​ — ​ 76,167 Equity securities with readily determinable fair values ​ ​ 174 ​ ​ — ​ ​ 174 ​ ​ — ​ ​ 174 Mortgage loans held for sale, at fair value ​ 3,227 ​ — ​ 3,227 ​ — ​ 3,227 Consumer loans held for sale, at fair value ​ ​ 7,914 ​ ​ — ​ ​ — ​ ​ 7,914 ​ ​ 7,914 Consumer loans held for sale, at the lower of cost or fair value ​ ​ 16,094 ​ ​ — ​ ​ — ​ ​ 16,094 ​ ​ 16,094 Loans, net ​ 5,157,731 ​ — ​ — ​ 4,874,974 ​ 4,874,974 Federal Home Loan Bank stock ​ 23,770 ​ — ​ — ​ — ​ NA Accrued interest receivable ​ 18,447 ​ — ​ 4,097 ​ 14,350 ​ 18,447 Mortgage servicing rights ​ ​ 7,411 ​ ​ — ​ ​ 16,054 ​ ​ — ​ ​ 16,054 Rate lock commitments ​ ​ 243 ​ ​ — ​ ​ 243 ​ ​ — ​ ​ 243 Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ 8,933 ​ ​ — ​ ​ 8,933 ​ ​ — ​ ​ 8,933 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing deposits ​ $ 1,676,998 ​ $ — ​ $ 1,676,998 ​ $ — ​ $ 1,676,998 Transaction deposits ​ 2,924,114 ​ — ​ 2,924,114 ​ — ​ 2,924,114 Time deposits ​ 452,051 ​ — ​ 446,218 ​ — ​ 446,218 Securities sold under agreements to repurchase and other short-term borrowings ​ 99,530 ​ — ​ 99,530 ​ — ​ 99,530 Federal Home Loan Bank advances ​ 380,000 ​ — ​ 382,062 ​ — ​ 382,062 Accrued interest payable ​ 4,073 ​ — ​ 4,073 ​ — ​ 4,073 Rate lock commitments ​ 243 ​ ​ — ​ ​ 243 ​ ​ — ​ ​ 243 Mandatory forward contracts ​ ​ 61 ​ ​ — ​ ​ 61 ​ ​ — ​ ​ 61 Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ 8,933 ​ ​ — ​ ​ 8,933 ​ ​ — ​ ​ 8,933 ​ ​

MORTGAGE BANKING ACTIVITIES

MORTGAGE BANKING ACTIVITIES	9 Months Ended
	Sep. 30, 2024
MORTGAGE BANKING ACTIVITIES
MORTGAGE BANKING ACTIVITIES	11. MORTGAGE BANKING ACTIVITIES ​ Mortgage banking activities primarily include residential mortgage originations and servicing. ​ Activity for mortgage loans held for sale, at fair value, was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 9,703 ​ $ 4,038 ​ $ 3,227 ​ $ 1,302 Origination of mortgage loans held for sale ​ 57,142 ​ 23,860 ​ 137,891 ​ 53,750 Transferred from held for investment to held for sale ​ ​ — ​ ​ — ​ ​ 67,176 ​ ​ — Proceeds from the sale of mortgage loans held for sale ​ (59,732) ​ (25,681) ​ (202,198) ​ (53,794) Net gain (loss) on mortgage loans held for sale ​ 1,413 ​ 494 ​ 2,430 ​ 1,453 Balance, end of period ​ $ 8,526 ​ $ 2,711 ​ $ 8,526 ​ $ 2,711 ​ The following table presents the components of mortgage banking income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 ​ 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net gain realized on sale of mortgage loans held for sale ​ $ 1,325 ​ $ 608 ​ $ 3,010 ​ $ 1,213 Fair value adjustment for correspondent loans reclassified to held for sale ​ ​ — ​ ​ — ​ ​ (997) ​ ​ — Net change in fair value recognized on loans held for sale ​ 70 ​ (36) ​ 177 ​ 3 Net change in fair value recognized on rate lock loan commitments ​ 90 ​ (94) ​ 292 ​ 93 Net change in fair value recognized on forward contracts ​ (72) ​ 16 ​ (52) ​ 144 Net gain (loss) recognized ​ 1,413 ​ 494 ​ 2,430 ​ 1,453 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan servicing income ​ 1,071 ​ 824 ​ 2,825 ​ 2,546 Amortization of mortgage servicing rights ​ (422) ​ (466) ​ (1,271) ​ (1,440) Change in mortgage servicing rights valuation allowance ​ — ​ — ​ — ​ — Net servicing income recognized ​ 649 ​ 358 ​ 1,554 ​ 1,106 Total mortgage banking income ​ $ 2,062 ​ $ 852 ​ $ 3,984 ​ $ 2,559 ​ Activity for capitalized mortgage servicing rights was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 7,030 ​ $ 7,995 ​ $ 7,411 ​ $ 8,770 Additions ​ 445 ​ 182 ​ 913 ​ 381 Amortized to expense ​ (422) ​ (466) ​ (1,271) ​ (1,440) Change in valuation allowance ​ — ​ — ​ — ​ — Balance, end of period ​ $ 7,053 ​ $ 7,711 ​ $ 7,053 ​ $ 7,711 ​ ​ ​ ​ ​ ​ ​ ​ ​ Activity in the valuation allowance for capitalized mortgage servicing rights follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning valuation allowance ​ $ — ​ $ — ​ $ — ​ $ — Charge during the period ​ — ​ — ​ — ​ — Ending valuation allowance ​ $ — ​ $ — ​ $ — ​ $ — ​ Other information relating to mortgage servicing rights follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (dollars in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of mortgage servicing rights portfolio ​ $ 15,753 ​ ​ $ 16,054 ​ ​ Monthly weighted average prepayment rate of unpaid principal balance* ​ 142 % ​ 128 % ​ Discount rate ​ ​ 10.05 % ​ ​ 10.26 % ​ Weighted average foreclosure rate ​ ​ 0.10 % ​ ​ 0.16 % ​ Weighted average life in years ​ 7.23 ​ ​ 7.52 ​ ​ * 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2024 December 31, 2023 ​ ​ ​ Notional ​ ​ ​ ​ Notional ​ ​ ​ ​ (in thousands) ​ Amount Fair Value ​ Amount Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in Mortgage loans held for sale: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale, at fair value ​ $ 8,290 ​ $ 8,526 ​ $ 3,168 ​ $ 3,227 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock loan commitments ​ $ 23,386 ​ $ 535 ​ $ 9,275 ​ $ 243 ​ Mandatory forward contracts ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ $ 25,939 ​ $ 113 ​ $ 9,092 ​ $ 61 ​ ​

INTEREST RATE SWAPS

INTEREST RATE SWAPS	9 Months Ended
	Sep. 30, 2024
INTEREST RATE SWAPS
INTEREST RATE SWAPS	12. INTEREST RATE SWAPS ​ Interest rate swap derivatives are reported at fair value in other assets or other liabilities. The accounting for changes in the fair value of a derivative depends on whether it has been designated and qualifies for hedge accounting as part of a cash flow hedging relationship. For a derivative designated as a cash flow hedge, the effective portion of the derivative’s unrealized gain or loss is recorded as a component of other comprehensive income (“OCI”). The amount included in AOCI would be reclassified to current earnings should the hedge no longer be considered effective. Derivatives not designated as hedges are economic derivatives with the gain or loss recognized in current period earnings. Interest Rate Swaps Used as Cash Flow Hedges The Bank entered into three interest rate swap agreements (“swaps”) during the second quarter of 2024 related to FHLB advances tied to the 1-month SOFR. The counterparty for all three swaps met the Bank’s credit standards and the Bank believes that the credit risk inherent in the swap contracts is not significant. As of August 8, 2024 the Bank designated the swaps to be effective for hedge accounting purposes. The Bank expects the hedges to remain fully effective during the remaining term of the swaps. The following tables reflect information about swaps designated as cash flow hedges as of September 30, 2024 and December 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2024 ​ December 31, 2023 ​ ​ ​ ​ Notional ​ ​ ​ Notional ​ ​ (dollars in thousands) Bank Position Amount Fair Value Amount Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on FHLB advances - Liabilities Pay fixed/receive variable $ 100,000 $ (3,960) $ — $ — Total ​ ​ $ 100,000 ​ $ (3,960) ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2024 ​ December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ ​ ​ ​ Unrealized ​ ​ Notional ​ Pay ​ Receive ​ ​ ​ ​ ​ Assets / ​ Gain (Loss) ​ Assets / ​ Gain (Loss) (dollars in thousands) Amount Rate Rate Term ​ Bank Position (Liabilities) in AOCI (Liabilities) in AOCI ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on FHLB advances - Liabilities $ 100,000 4.14 % 1M SOFR 5/2024 - 6/2029 ​ Pay fixed/receive variable $ 100,000 $ (3,960) $ — $ — Total $ 100,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 100,000 ​ $ (3,960) ​ $ — ​ $ — ​ The following table reflects the total interest expense recorded on these swap transactions in the consolidated statements of income for the three and nine months ended September 30, 2024 and 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on FHLB advances ​ $ (289) ​ $ — ​ $ (380) ​ $ — ​ Total interest (benefit) expense on swap transactions ​ $ (289) ​ $ — ​ $ (380) ​ $ — ​ ​ The following table presents the net gains (losses) recorded in OCI and the consolidated statements of income relating to the swaps designated as cash flow hedges for the three and nine months ended September 30, 2024 and 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ ​ September 30, ​ September 30, ​ ​ (in thousands) 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) recognized in OCI on derivative (effective portion) $ (3,134) $ — $ (3,580) $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) reclassified from OCI on derivative (effective portion) ​ ​ 289 ​ — ​ 380 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) recognized in income on derivative (ineffective portion) ​ ​ — ​ — ​ — ​ — ​ ​ ​ ​ ​ ​ Non-hedge Interest Rate Swaps ​ The Bank also 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2024 ​ December 31, 2023 ​ ​ ​ ​ Notional ​ ​ ​ ​ Notional ​ ​ ​ (in thousands) Bank Position ​ Amount Fair Value Amount Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 156,162 ​ $ 5,803 $ 120,442 $ 4,066 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed ​ 83,252 ​ (3,270) ​ 95,820 ​ ​ (4,867) Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 239,414 $ 2,533 $ 216,262 $ (801) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Offsetting interest rate swaps with institutional swap dealer - Assets ​ Pay fixed/receive variable ​ ​ 83,252 ​ ​ 3,270 ​ ​ 95,820 ​ ​ 4,867 Offsetting interest rate swaps with institutional swap dealer - Liabilities ​ Pay fixed/receive variable ​ ​ 156,162 ​ ​ (5,803) ​ ​ 120,442 ​ ​ (4,066) Offsetting interest rate swaps with institutional swap dealer - Total ​ Pay fixed/receive variable ​ $ 239,414 $ (2,533) $ 216,262 $ 801 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 478,828 ​ $ — $ 432,524 ​ $ — ​ The Bank and its counterparties are required to pledge securities or cash as collateral when either party is in a net loss position exceeding $250,000 with the other party. As of September 30, 2024 and December 31, 2023, the Bank’s counterparties had cash of $0 and $1.9 million pledged to the Bank, which were included in Interest-bearing deposits on the Company’s Balance Sheet. Conversely, the Bank had $6.8 million and $1.0 million pledged to its counterparties as of September 30, 2024 and December 31, 2023, which were included in Cash and cash equivalents on the Company’s Balance Sheet .

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2024
Earnings Per Share
EARNINGS PER SHARE	13. EARNINGS PER SHARE ​ The Company calculates earnings per share under the two-class method. Under the two-class method, earnings available to common shareholders for the period are allocated between Class A Common Stock and Class B Common Stock according to dividends declared (or accumulated) and participation rights in undistributed earnings. The difference in earnings per share between the two classes of common stock results from the 10% per share cash dividend premium paid on Class A Common Stock over that paid on Class B Common Stock. ​ A reconciliation of the combined Class A and Class B Common Stock numerators and denominators of the earnings per share and diluted earnings per share computations is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, Years Ended December 31, (in thousands, except per share data) 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 26,543 ​ $ 21,571 ​ $ 82,355 ​ $ 70,715 Dividends declared on Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ ​ (7,007) ​ ​ (6,456) ​ ​ (20,989) ​ ​ (19,574) Class B Shares ​ ​ (796) ​ ​ (733) ​ ​ (2,388) ​ ​ (2,200) Undistributed net income for basic earnings per share ​ ​ 18,740 ​ ​ 14,382 ​ ​ 58,978 ​ ​ 48,941 Weighted average potential dividends on Class A shares upon exercise of dilutive options ​ ​ (33) ​ ​ (25) ​ ​ (88) ​ ​ (62) Undistributed net income for diluted earnings per share ​ $ 18,707 ​ $ 14,357 ​ $ 58,890 ​ $ 48,879 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ 17,504 ​ 17,549 ​ 17,487 ​ 17,697 Class B Shares ​ ​ 2,150 ​ ​ 2,157 ​ ​ 2,150 ​ ​ 2,158 Effect of dilutive securities on Class A Shares outstanding ​ 81 ​ 68 ​ 72 ​ 55 Weighted average shares outstanding including dilutive securities ​ 19,735 ​ 19,774 ​ 19,709 ​ 19,910 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.41 ​ $ 0.37 ​ $ 1.22 ​ $ 1.12 Undistributed earnings per share* ​ ​ 0.96 ​ ​ 0.74 ​ ​ 3.03 ​ ​ 2.49 Total basic earnings per share - Class A Common Stock ​ $ 1.37 ​ $ 1.11 ​ $ 4.25 ​ $ 3.61 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.37 ​ $ 0.34 ​ $ 1.11 ​ $ 1.02 Undistributed earnings per share* ​ ​ 0.88 ​ ​ 0.67 ​ ​ 2.76 ​ ​ 2.26 Total basic earnings per share - Class B Common Stock ​ $ 1.25 ​ $ 1.01 ​ $ 3.87 ​ $ 3.28 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.41 ​ $ 0.37 ​ $ 1.22 ​ $ 1.12 Undistributed earnings per share* ​ ​ 0.96 ​ ​ 0.73 ​ ​ 3.02 ​ ​ 2.48 Total diluted earnings per share - Class A Common Stock ​ $ 1.37 ​ $ 1.10 ​ $ 4.24 ​ $ 3.60 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.37 ​ $ 0.34 ​ $ 1.11 ​ $ 1.02 Undistributed earnings per share* ​ ​ 0.87 ​ ​ 0.67 ​ ​ 2.74 ​ ​ 2.25 Total diluted earnings per share - Class B Common Stock ​ $ 1.24 ​ $ 1.01 ​ $ 3.85 ​ $ 3.27 * To arrive at undistributed earnings per share, undistributed net income is first prorated between Class A and Class B Common Shares, with Class A Common Shares receiving a 10% premium. The resulting pro-rated, undistributed net income for each class is then divided by the weighted average shares for each class. ​ Stock options excluded from the detailed earnings per share calculation because their impact was antidilutive are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Antidilutive stock options — 121,781 22,388 ​ 193,398 ​ Average antidilutive stock options — 117,998 22,388 ​ 193,398 ​ ​

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME	9 Months Ended
	Sep. 30, 2024
OTHER COMPREHENSIVE INCOME
OTHER COMPREHENSIVE INCOME	14. OTHER COMPREHENSIVE INCOME ​ OCI components and related tax effects were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Debt Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ 9,503 ​ $ 1,017 ​ $ 12,195 ​ $ 1,839 Net gains (losses) ​ 9,503 ​ 1,017 ​ 12,195 ​ 1,839 Income tax benefit (expense) related to items of other comprehensive income ​ (2,376) ​ (250) ​ (3,050) ​ (461) Net of tax ​ 7,127 ​ 767 ​ $ 9,145 ​ $ 1,378 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Derivatives: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in fair value of derivatives ​ (3,134) ​ — ​ (3,580) ​ — Reclassification amount for net derivative losses realized in income ​ (289) ​ — ​ (380) ​ — Net gains (losses) ​ (3,423) ​ — ​ (3,960) ​ — Tax effect ​ 856 ​ — ​ 990 ​ — Net of tax ​ (2,567) ​ — ​ (2,970) ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other comprehensive (loss) income components, net of tax ​ $ 4,560 ​ $ 767 ​ $ 6,175 ​ $ 1,378 ​ The following is a summary of the AOCI balances, net of tax: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2024 ​ ​ (in thousands) ​ December 31, 2023 ​ Change ​ September 30, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ (20,408) ​ $ 9,145 ​ $ (11,263) Unrealized gain (loss) on derivatives ​ — ​ (2,970) ​ (2,970) Total unrealized gain (loss) ​ $ (20,408) ​ $ 6,175 ​ $ (14,233) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ ​ (in thousands) ​ December 31, 2022 ​ Change ​ September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ (31,979) ​ $ 1,378 ​ $ (30,601) Unrealized gain (loss) on derivatives ​ ​ — ​ ​ — ​ ​ — Total unrealized gain (loss) ​ $ (31,979) ​ $ 1,378 ​ $ (30,601) ​

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	9 Months Ended
	Sep. 30, 2024
REVENUE FROM CONTRACTS WITH CUSTOMERS
REVENUE FROM CONTRACTS WITH CUSTOMERS	15. REVENUE FROM CONTRACTS WITH CUSTOMERS ​ The following tables present the Company’s net revenue and net revenue concentration by reportable segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2024 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income (1) ​ $ 51,023 ​ $ 3,580 ​ $ 54,603 ​ ​ $ 440 ​ $ 2,783 ​ $ 13,479 ​ ​ $ 16,702 ​ ​ ​ $ 71,305 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 3,676 ​ ​ 16 ​ ​ ​ 3,692 ​ ​ ​ — ​ ​ — ​ ​ 1 ​ ​ ​ 1 ​ ​ ​ ​ 3,693 ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 582 ​ — ​ — ​ ​ 582 ​ ​ ​ 582 ​ Mortgage banking income (1) ​ 2,062 ​ — ​ ​ 2,062 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 2,062 ​ Interchange fee income ​ ​ 3,267 ​ ​ — ​ ​ ​ 3,267 ​ ​ ​ 19 ​ ​ — ​ ​ — ​ ​ ​ 19 ​ ​ ​ ​ 3,286 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 786 ​ ​ 4,176 ​ ​ ​ 4,962 ​ ​ ​ ​ 4,962 ​ Increase in cash surrender value of BOLI (1) ​ ​ 826 ​ ​ — ​ ​ ​ 826 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 826 ​ Net losses on OREO ​ ​ (53) ​ ​ — ​ ​ ​ (53) ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (53) ​ Other ​ 1,300 ​ — ​ ​ 1,300 ​ ​ 8 ​ 147 ​ — ​ ​ 155 ​ ​ ​ 1,455 ​ Total noninterest income ​ 11,078 ​ 16 ​ ​ 11,094 ​ ​ 609 ​ 933 ​ 4,177 ​ ​ 5,719 ​ ​ ​ 16,813 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 62,101 ​ $ 3,596 ​ ​ $ 65,697 ​ ​ $ 1,049 ​ $ 3,716 ​ $ 17,656 ​ ​ $ 22,421 ​ ​ ​ $ 88,118 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 71 % ​ 4 % ​ ​ 75 % ​ ​ 1 % ​ 4 % ​ 20 % ​ ​ 25 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2023 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income (1) ​ $ 47,493 ​ $ 2,467 ​ $ 49,960 ​ ​ $ 401 ​ $ 4,124 ​ $ 10,340 ​ ​ $ 14,865 ​ ​ ​ $ 64,825 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 3,547 ​ ​ 11 ​ ​ ​ 3,558 ​ ​ ​ — ​ ​ — ​ ​ 1 ​ ​ ​ 1 ​ ​ ​ ​ 3,559 ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 242 ​ — ​ — ​ ​ 242 ​ ​ ​ 242 ​ Mortgage banking income (1) ​ 852 ​ — ​ ​ 852 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 852 ​ Interchange fee income ​ ​ 3,258 ​ ​ — ​ ​ ​ 3,258 ​ ​ ​ 22 ​ ​ 1 ​ ​ 1 ​ ​ ​ 24 ​ ​ ​ ​ 3,282 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 705 ​ ​ 3,336 ​ ​ ​ 4,041 ​ ​ ​ ​ 4,041 ​ Increase in cash surrender value of BOLI (1) ​ ​ 690 ​ ​ — ​ ​ ​ 690 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 690 ​ Net losses on OREO ​ ​ (53) ​ ​ — ​ ​ ​ (53) ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (53) ​ Death benefits in excess of cash surrender value of life insurance ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ — ​ Other ​ 1,647 ​ — ​ ​ 1,647 ​ ​ 50 ​ 9 ​ 26 ​ ​ 85 ​ ​ ​ 1,732 ​ Total noninterest income ​ 9,941 ​ 11 ​ ​ 9,952 ​ ​ 314 ​ 715 ​ 3,364 ​ ​ 4,393 ​ ​ ​ 14,345 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 57,434 ​ $ 2,478 ​ ​ $ 59,912 ​ ​ $ 715 ​ $ 4,839 ​ $ 13,704 ​ ​ $ 19,258 ​ ​ ​ $ 79,170 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 73 % ​ 3 % ​ ​ 76 % ​ ​ 1 % ​ 6 % ​ 17 % ​ ​ 24 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2024 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income (1) ​ $ 149,197 ​ $ 8,751 ​ $ 157,948 ​ ​ $ 32,173 ​ $ 9,221 ​ $ 37,418 ​ ​ $ 78,812 ​ ​ ​ $ 236,760 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 10,488 ​ ​ 42 ​ ​ ​ 10,530 ​ ​ ​ — ​ ​ — ​ ​ 2 ​ ​ ​ 2 ​ ​ ​ ​ 10,532 ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 15,213 ​ — ​ — ​ ​ 15,213 ​ ​ ​ 15,213 ​ Mortgage banking income (1) ​ 3,984 ​ — ​ ​ 3,984 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 3,984 ​ Interchange fee income ​ ​ 9,697 ​ ​ — ​ ​ ​ 9,697 ​ ​ ​ 94 ​ ​ 2 ​ ​ 1 ​ ​ ​ 97 ​ ​ ​ ​ 9,794 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 2,319 ​ ​ 11,220 ​ ​ ​ 13,539 ​ ​ ​ ​ 13,539 ​ Increase in cash surrender value of BOLI (1) ​ ​ 2,372 ​ ​ — ​ ​ ​ 2,372 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 2,372 ​ Net losses on OREO ​ ​ (154) ​ ​ — ​ ​ ​ (154) ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (154) ​ Other ​ 3,034 ​ — ​ ​ 3,034 ​ ​ 71 ​ 147 ​ — ​ ​ 218 ​ ​ ​ 3,252 ​ Total noninterest income ​ 29,421 ​ 42 ​ ​ 29,463 ​ ​ 15,378 ​ 2,468 ​ 11,223 ​ ​ 29,069 ​ ​ ​ 58,532 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 178,618 ​ $ 8,793 ​ ​ $ 187,411 ​ ​ $ 47,551 ​ $ 11,689 ​ $ 48,641 ​ ​ $ 107,881 ​ ​ ​ $ 295,292 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 61 % ​ 3 % ​ ​ 64 % ​ ​ 16 % ​ 4 % ​ 16 % ​ ​ 36 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income (1) ​ $ 146,404 ​ $ 7,196 ​ $ 153,600 ​ ​ $ 28,778 ​ $ 11,522 ​ $ 28,096 ​ ​ $ 68,396 ​ ​ ​ $ 221,996 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 10,351 ​ ​ 33 ​ ​ ​ 10,384 ​ ​ ​ — ​ ​ — ​ ​ 1 ​ ​ ​ 1 ​ ​ ​ ​ 10,385 ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 15,528 ​ — ​ — ​ ​ 15,528 ​ ​ ​ 15,528 ​ Mortgage banking income (1) ​ 2,559 ​ — ​ ​ 2,559 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 2,559 ​ Interchange fee income ​ ​ 9,639 ​ ​ — ​ ​ ​ 9,639 ​ ​ ​ 109 ​ ​ 3 ​ ​ 1 ​ ​ ​ 113 ​ ​ ​ ​ 9,752 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 2,140 ​ ​ 8,881 ​ ​ ​ 11,021 ​ ​ ​ ​ 11,021 ​ Increase in cash surrender value of BOLI (1) ​ ​ 2,014 ​ ​ — ​ ​ ​ 2,014 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 2,014 ​ Net losses on OREO ​ ​ (158) ​ ​ — ​ ​ ​ (158) ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (158) ​ Death benefits in excess of cash surrender value of life insurance ​ ​ 1,728 ​ ​ — ​ ​ ​ 1,728 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 1,728 ​ Other ​ 3,543 ​ — ​ ​ 3,543 ​ ​ 205 ​ 9 ​ 91 ​ ​ 305 ​ ​ ​ 3,848 ​ Total noninterest income ​ 29,676 ​ 33 ​ ​ 29,709 ​ ​ 15,842 ​ 2,152 ​ 8,974 ​ ​ 26,968 ​ ​ ​ 56,677 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 176,080 ​ $ 7,229 ​ ​ $ 183,309 ​ ​ $ 44,620 ​ $ 13,674 ​ $ 37,070 ​ ​ $ 95,364 ​ ​ ​ $ 278,673 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 63 % ​ 3 % ​ ​ 66 % ​ ​ 16 % ​ 5 % ​ 13 % ​ ​ 34 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ The following represents information for significant revenue streams subject to ASC 606: ​ Service charges on deposit accounts ​ Net refund transfer fees 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 generally recognizes gains or losses on OREO at the time of an executed deed, although gains may be recognized over a financing period if the Company finances the sale. For financed OREO sales, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on sale, the Company adjusts the transaction price and related gain/(loss) on sale if a significant financing component is present. ​ Mark-to-market write-downs taken by the Company during the property’s holding period are generally at least 10% per year but may be higher based on updated real estate appraisals or BPOs. Incremental expenditures to bring OREO to salable condition are generally expensed as-incurred.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2024
SEGMENT INFORMATION
SEGMENT INFORMATION	16. SEGMENT INFORMATION ​ Reportable segments are determined by the type of products and services offered and the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business (such as banking centers and business units), which are then aggregated if operating performance, products/services, and clients are similar. ​ As of September 30, 2024, the Company was divided into five reportable segments: Traditional Banking, Warehouse Lending, TRS, RPS, and RCS. Management considers the first two segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last three 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 ​ ​ ​ ​ ​ 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. TRS products are primarily provided to clients outside of the Bank’s market footprint. ​ Loans and refund transfers ​ ​ ​ ​ ​ Republic Payment Solutions ​ RPS offers general-purpose reloadable cards. RPS products are primarily provided to clients outside of the Bank’s market footprint. ​ 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 2023 Annual Report on Form 10-K. Republic evaluates segment performance using operating income. The Company allocates goodwill to the Traditional Banking segment. Republic generally allocates income taxes based on income before income tax expense unless reasonable and specific segment allocations can be made. The Company makes transactions among reportable segments at carrying value. ​ Segment information follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2024 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income ​ $ 51,023 ​ $ 3,580 ​ $ 54,603 ​ ​ $ 440 ​ $ 2,783 ​ $ 13,479 ​ ​ $ 16,702 ​ ​ ​ $ 71,305 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 1,489 ​ 116 ​ ​ 1,605 ​ ​ (2,310) ​ — ​ 6,365 ​ ​ 4,055 ​ ​ ​ 5,660 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 582 ​ — ​ — ​ ​ 582 ​ ​ ​ 582 ​ Mortgage banking income ​ 2,062 ​ — ​ ​ 2,062 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 2,062 ​ Program fees ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 786 ​ ​ 4,176 ​ ​ ​ 4,962 ​ ​ ​ ​ 4,962 ​ Other noninterest income ​ 9,016 ​ 16 ​ ​ 9,032 ​ ​ 27 ​ 147 ​ 1 ​ ​ 175 ​ ​ ​ 9,207 ​ Total noninterest income ​ 11,078 ​ 16 ​ ​ 11,094 ​ ​ 609 ​ 933 ​ 4,177 ​ ​ 5,719 ​ ​ ​ 16,813 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 41,266 ​ 889 ​ ​ 42,155 ​ ​ 2,251 ​ 947 ​ 3,256 ​ ​ 6,454 ​ ​ ​ 48,609 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income tax expense ​ 19,346 ​ 2,591 ​ ​ 21,937 ​ ​ 1,108 ​ 2,769 ​ 8,035 ​ ​ 11,912 ​ ​ ​ 33,849 ​ Income tax expense (benefit) ​ ​ 4,189 ​ ​ 584 ​ ​ ​ 4,773 ​ ​ ​ 189 ​ ​ 595 ​ ​ 1,749 ​ ​ ​ 2,533 ​ ​ ​ ​ 7,306 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ Net income (loss) ​ $ 15,157 ​ $ 2,007 ​ ​ $ 17,164 ​ ​ $ 919 ​ $ 2,174 ​ $ 6,286 ​ ​ $ 9,379 ​ ​ ​ $ 26,543 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 5,559,357 ​ $ 595,624 ​ ​ $ 6,154,981 ​ ​ $ 26,503 ​ $ 367,857 ​ $ 143,129 ​ ​ $ 537,489 ​ ​ ​ $ 6,692,470 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.61 % 2.70 % ​ 3.53 % ​ NM ​ 4.91 % NM ​ ​ NM ​ ​ ​ 4.49 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 71 % ​ 4 % ​ ​ 75 % ​ ​ 1 % ​ 4 % ​ 20 % ​ ​ 25 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2023 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income ​ $ 47,493 ​ $ 2,467 ​ ​ $ 49,960 ​ ​ $ 401 ​ $ 4,124 ​ $ 10,340 ​ ​ $ 14,865 ​ ​ ​ $ 64,825 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 1,567 ​ (203) ​ ​ 1,364 ​ ​ (1,967) ​ — ​ 4,333 ​ ​ 2,366 ​ ​ ​ 3,730 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 242 ​ — ​ — ​ ​ 242 ​ ​ ​ 242 ​ Mortgage banking income ​ 852 ​ — ​ ​ 852 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 852 ​ Program fees ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 705 ​ ​ 3,336 ​ ​ ​ 4,041 ​ ​ ​ ​ 4,041 ​ Death benefits in excess of cash surrender value of life insurance ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ — ​ Other noninterest income ​ 9,089 ​ 11 ​ ​ 9,100 ​ ​ 72 ​ 10 ​ 28 ​ ​ 110 ​ ​ ​ 9,210 ​ Total noninterest income ​ 9,941 ​ 11 ​ ​ 9,952 ​ ​ 314 ​ 715 ​ 3,364 ​ ​ 4,393 ​ ​ ​ 14,345 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 41,500 ​ 640 ​ ​ 42,140 ​ ​ 2,242 ​ 874 ​ 3,112 ​ ​ 6,228 ​ ​ ​ 48,368 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 14,367 ​ 2,041 ​ ​ 16,408 ​ ​ 440 ​ 3,965 ​ 6,259 ​ ​ 10,664 ​ ​ ​ 27,072 ​ Income tax expense ​ 2,757 ​ 456 ​ ​ 3,213 ​ ​ 22 ​ 874 ​ 1,392 ​ ​ 2,288 ​ ​ ​ 5,501 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 11,610 ​ $ 1,585 ​ ​ $ 13,195 ​ ​ $ 418 ​ $ 3,091 ​ $ 4,867 ​ ​ $ 8,376 ​ ​ ​ $ 21,571 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 5,390,105 ​ $ 458,542 ​ ​ $ 5,848,647 ​ ​ $ 32,747 ​ $ 370,986 ​ $ 134,095 ​ ​ $ 537,828 ​ ​ ​ $ 6,386,475 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.52 % 2.33 % ​ 3.43 % ​ NM ​ 4.97 % NM ​ ​ NM ​ ​ ​ 4.35 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 73 % ​ 3 % ​ ​ 76 % ​ ​ 1 % ​ 6 % ​ 17 % ​ ​ 24 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2024 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income ​ $ 149,197 ​ $ 8,751 ​ ​ $ 157,948 ​ ​ $ 32,173 ​ $ 9,221 ​ $ 37,418 ​ ​ $ 78,812 ​ ​ ​ $ 236,760 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 2,762 ​ 639 ​ ​ 3,401 ​ ​ 22,282 ​ — ​ 15,742 ​ ​ 38,024 ​ ​ ​ 41,425 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 15,213 ​ — ​ — ​ ​ 15,213 ​ ​ ​ 15,213 ​ Mortgage banking income ​ 3,984 ​ — ​ ​ 3,984 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 3,984 ​ Program fees ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 2,319 ​ ​ 11,220 ​ ​ ​ 13,539 ​ ​ ​ ​ 13,539 ​ Other noninterest income ​ 25,437 ​ 42 ​ ​ 25,479 ​ ​ 165 ​ 149 ​ 3 ​ ​ 317 ​ ​ ​ 25,796 ​ Total noninterest income ​ 29,421 ​ 42 ​ ​ 29,463 ​ ​ 15,378 ​ 2,468 ​ 11,223 ​ ​ 29,069 ​ ​ ​ 58,532 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 124,372 ​ 2,694 ​ ​ 127,066 ​ ​ 8,787 ​ 2,919 ​ 10,442 ​ ​ 22,148 ​ ​ ​ 149,214 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income tax expense ​ 51,484 ​ 5,460 ​ ​ 56,944 ​ ​ 16,482 ​ 8,770 ​ 22,457 ​ ​ 47,709 ​ ​ ​ 104,653 ​ Income tax expense (benefit) ​ ​ 10,417 ​ ​ 1,231 ​ ​ ​ 11,648 ​ ​ ​ 3,699 ​ ​ 1,930 ​ ​ 5,021 ​ ​ ​ 10,650 ​ ​ ​ ​ 22,298 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) ​ $ 41,067 ​ $ 4,229 ​ ​ $ 45,296 ​ ​ $ 12,783 ​ $ 6,840 ​ $ 17,436 ​ ​ $ 37,059 ​ ​ ​ $ 82,355 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 5,559,357 ​ $ 595,624 ​ ​ $ 6,154,981 ​ ​ $ 26,503 ​ $ 367,857 ​ $ 143,129 ​ ​ $ 537,489 ​ ​ ​ $ 6,692,470 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.49 % 2.64 % ​ 3.43 % ​ NM ​ 5.01 % NM ​ ​ NM ​ ​ ​ 4.92 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 61 % ​ 3 % ​ ​ 64 % ​ ​ 16 % ​ 4 % ​ 16 % ​ ​ 36 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income ​ $ 146,404 ​ $ 7,196 ​ ​ $ 153,600 ​ ​ $ 28,778 ​ $ 11,522 ​ $ 28,096 ​ ​ $ 68,396 ​ ​ ​ $ 221,996 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 6,411 ​ 134 ​ ​ 6,545 ​ ​ 19,622 ​ — ​ 10,468 ​ ​ 30,090 ​ ​ ​ 36,635 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 15,528 ​ — ​ — ​ ​ 15,528 ​ ​ ​ 15,528 ​ Mortgage banking income ​ 2,559 ​ — ​ ​ 2,559 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 2,559 ​ Program fees ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 2,140 ​ ​ 8,881 ​ ​ ​ 11,021 ​ ​ ​ ​ 11,021 ​ Death benefits in excess of cash surrender value of life insurance ​ ​ 1,728 ​ ​ — ​ ​ ​ 1,728 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 1,728 ​ Other noninterest income ​ 25,389 ​ 33 ​ ​ 25,422 ​ ​ 314 ​ 12 ​ 93 ​ ​ 419 ​ ​ ​ 25,841 ​ Total noninterest income ​ 29,676 ​ 33 ​ ​ 29,709 ​ ​ 15,842 ​ 2,152 ​ 8,974 ​ ​ 26,968 ​ ​ ​ 56,677 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 129,381 ​ 2,616 ​ ​ 131,997 ​ ​ 9,184 ​ 2,723 ​ 8,440 ​ ​ 20,347 ​ ​ ​ 152,344 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 40,288 ​ 4,479 ​ ​ 44,767 ​ ​ 15,814 ​ 10,951 ​ 18,162 ​ ​ 44,927 ​ ​ ​ 89,694 ​ Income tax expense ​ 8,119 ​ 1,001 ​ ​ 9,120 ​ ​ 3,401 ​ 2,427 ​ 4,031 ​ ​ 9,859 ​ ​ ​ 18,979 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 32,169 ​ $ 3,478 ​ ​ $ 35,647 ​ ​ $ 12,413 ​ $ 8,524 ​ $ 14,131 ​ ​ $ 35,068 ​ ​ ​ $ 70,715 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 5,390,105 ​ $ 458,542 ​ ​ $ 5,848,647 ​ ​ $ 32,747 ​ $ 370,986 ​ $ 134,095 ​ ​ $ 537,828 ​ ​ ​ $ 6,386,475 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.78 % 2.37 % ​ 3.68 % ​ NM ​ 4.43 % NM ​ ​ NM ​ ​ ​ 5.09 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 63 % ​ 3 % ​ ​ 66 % ​ ​ 16 % ​ 5 % ​ 13 % ​ ​ 34 % ​ ​ ​ 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.

LOW INCOME HOUSING TAX CREDIT I

LOW INCOME HOUSING TAX CREDIT INVESTMENTS	9 Months Ended
	Sep. 30, 2024
LOW-INCOME HOUSING TAX CREDIT INVESTMENTS
LOW INCOME HOUSING TAX CREDIT INVESTMENTS	17. LOW-INCOME HOUSING TAX CREDIT INVESTMENTS ​ The Company is a limited partner in several low-income housing partnerships whose purpose is to invest in qualified affordable housing. The Company expects to recover its remaining investments in these partnerships through the use of tax credits that are generated by the investments. These investments are included in other assets and accrued interest receivable on the Consolidated Balance Sheets, with any unfunded obligations included in other liabilities and accrued interest payable. The investments are amortized as a component of income tax expense. ​ The following table summarizes information related to the Company’s qualified low-income housing investments and obligations: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Unfunded ​ ​ ​ ​ ​ Unfunded Investment Accounting Method ​ ​ Investments ​ ​ Obligations ​ ​ Investments ​ ​ Obligations Low-income housing tax credit - Gross Proportional amortization ​ $ 67,614 ​ $ 59,598 ​ $ 57,596 ​ $ 58,619 Life-to-date amortization ​ ​ ​ (20,699) ​ ​ NA ​ ​ (15,904) ​ ​ NA Low-income housing tax credit - Net ​ ​ $ 46,915 ​ $ 59,598 ​ $ 41,692 ​ $ 58,619 ​ ​ The following table summarizes the amortization expense and tax credits recognized in income tax expense for the Company’s qualified low-income housing investments for the three and nine months ended September 30, 2024 and 2023, respectively: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, Nine Months Ended September 30, ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ ​ ​ 2024 ​ ​ 2023 ​ ​ 2024 ​ ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization expense ​ ​ $ 1,616 ​ $ 1,407 ​ $ 4,795 ​ $ 4,305 Tax credits recognized ​ ​ ​ (2,363) ​ ​ (2,027) ​ ​ (7,215) ​ ​ (5,860) ​

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 26,543	$ 21,571	$ 82,355	$ 70,715

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
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

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
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 geographic market footprint where it has physical locations, its non-brick-and-mortar delivery channels allow it to reach clients across the U.S. During the fourth quarter of 2023, the Company dissolved its Captive, a Nevada-based, wholly owned insurance subsidiary of the Company. The Captive provided property and casualty insurance coverage to the Company and the Bank, as well as a group of unrelated third-party insurance captives. ​ 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 the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. Operating results for the three and nine months ended September 30, 2024 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2024. 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, 2023. Certain amounts presented in prior periods have been reclassified to conform to the current period presentation. These reclassifications had no impact on previously reported prior periods’ net income or shareholders’ equity.
BUSINESS SEGMENT COMPOSITION	BUSINESS SEGMENT COMPOSITION ​ As of September 30, 2024, the Company was divided into five reportable segments: Traditional Banking, Warehouse Lending, TRS, RPS, and RCS. Republic had previously reported mortgage banking as a separate reportable segment prior to the first quarter of 2024. Due to the quantitative and qualitative immateriality of this division, Management concluded its mortgage banking operations no longer constitutes a separate reportable segment for SEC reporting purposes and now includes these results in the Traditional Banking segment. All prior period mortgage banking results of operations have been reclassified into the Traditional Banking segment, as well. ​ Management considers the first two segments to collectively constitute “Core Bank” or “Core Banking” operations, while the last three segments collectively constitute RPG operations. ​ ​ ​ Core Bank ​ Traditional Banking segment — The Traditional Banking segment, which also includes the results of the former mortgage banking segment, provides traditional banking products primarily to customers in the Company’s market footprint. As of September 30, 2024, Republic had ​ ● Kentucky — 29 ● Metropolitan Louisville — 19 ● Central Kentucky — 6 ● Georgetown — 1 ● Lexington — 5 ● Northern Kentucky (Metropolitan Cincinnati) — 4 ● ● Covington — 1 ● Crestview Hills — 1 ● Florence — 1 ● Indiana — 3 ● Southern Indiana (Metropolitan Louisville) — 3 ● Floyds Knobs — 1 ● Jeffersonville — 1 ● New Albany — 1 ● Florida — 7 ● Metropolitan Tampa — 7 ● Ohio — 4 ● Metropolitan Cincinnati — 4 ● Tennessee — 4 ● Metropolitan Nashville — 4 ​ 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 — 15 Republic Processing Group ​ Tax Refund Solutions segment — , the Bank facilitates the receipt and payment of federal and state tax refund products and offers a credit product through third-party tax preparers located throughout the U.S., as well as tax-preparation software providers that offer Republic Bank ERAs, RAs, and RTs (collectively, the “Tax Providers”). The majority of all the business generated by the TRS business occurs during the first half of each year. During the second half of each year, TRS generates limited revenue and incurs costs preparing for the next year’s tax season. During December 2023, TRS originated ​ 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 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 2024 and 2023: ​ ● 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 $6,500 ; ● No requirement that the taxpayer pays for another bank product, such as an RT; ● Multiple disbursement methods were available through 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. ​ Since its introduction in December of 2022, the ERA loan product has been structured similarly to the RA with the primary differences being the timing of when the ERAs are originated and the documentation available to underwrite the ERAs. The ERA is originated prior to the taxpayer receiving their fiscal year taxable income documentation, e.g. , W-2, and the filing of the taxpayer’s final federal tax return. As such, the Company generally uses paystub information to underwrite the ERA. The repayment of the ERA is incumbent upon the taxpayer client returning to the Bank’s Tax Provider for the filing of their final federal tax return in order for the tax refund to potentially be received by the Bank from the federal government to pay off the advance. The ERA product had the following features during the 2023 and 2024 tax filing seasons: ​ ● Only offered during December and the up-coming January in connection with the upcoming first quarter tax business for each period; ● The taxpayer had the option to choose from multiple loan 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 available through most Tax Providers, including direct deposit or prepaid card, based on the taxpayer-customer’s election; ● Repayment of the ERA to the Bank deducted from the taxpayer’s tax refund proceeds; and ● If an insufficient refund to repay the ERA, including the failure to file a final federal tax return through a Republic Tax Provider: o 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. The number of days for delinquency eligibility is based on management’s annual analysis of tax return processing times. RAs, including ERAs that were originated related to the first quarter 2023 tax filing season were repaid, on average, within delinquent during the first nine months of 2024 if it remained unpaid 35 days after the taxpayer’s tax return was submitted to the applicable taxing authority. ​ Provisions on RAs are estimated when advances are made. Unpaid RAs, including ERAs, related to the first quarter tax filing season of a given year are considered delinquent at June 30th of that year and charged-off. In addition, as of June 30, 2024, RAs that were subject to Tax Provider loan loss guarantees were charged off and immediately recorded as recoveries of previously charged-off loans with corresponding receivables recorded in other assets for the Tax Provider guarantees. Those corresponding receivables were settled during the third quarter of 2024. RAs collected during the second half of that year, not subject to loan loss guarantee arrangements, are recorded as recoveries of previously charged-off loans. ​ Republic Payment Solutions segment - ​ Issuing Solutions ​ The RPS segment offers prepaid and debit solutions primarily marketed to consumers through third-party marketer-servicers. ​ Prepaid solutions include the issuing of payroll and general purpose reloadable (“GPR”) cards. Characteristics of these cards include the following: ​ ● Similar to a traditional debit card with features including traditional point of sale purchasing, ATM withdrawals and direct deposit; ● Funds associated with these products are typically held in pooled accounts at the Bank with the Bank maintaining records of individual balances within these pooled accounts; and ● Payroll cards facilitate the loading of an employer’s payroll onto a card via direct deposit with GPR cards generally distributed through retail locations and reloadable through participating retail load networks. ​ Debit solutions include the issuing of demand deposit accounts, savings accounts and/or debit cards. In addition to offering traditional point of sale purchasing, ATM withdrawals, and direct deposit options, these accounts may include overdraft protection. ​ Money Movement ​ The Bank participates in traditional money movement solutions including ACH transactions, wire transfer, check processing, and the Mastercard Remote Payment and Presentment Service (“RPPS”). These capabilities are complementary to issuing within RPS, as well as, generally facilitating the movement of money for the TRS and RCS Divisions. ​ The Company reports its share of client-related charges and fees for 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. ​ 1) Elastic Marketing, LLC and Elevate Decision Sciences, LLC are third-party service providers for the LOC I 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. 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 participation interests are a 90% interest in advances made to borrowers under the borrower’s line-of-credit account, and the participation interests are generally sold three ​ 2) Similar to its LOC I product, the Bank provides oversight and supervision to a third party for its LOC II product. In return, this third party provides the Bank with marketing services and loan servicing for the LOC II product. The Bank is the lender for this product and is marketed as such. Furthermore, the Bank controls the loan terms and underwriting guidelines, and the Bank exercises consumer compliance oversight of this product. ​ The Bank sells 95% participation interests in the LOC II product. These participation interests are generally sold three ​ ● RCS installment loan product – Through RCS, the Bank offers installment loans with terms ranging from 12 to 60 months to borrowers in multiple states. The same third-party service provider for RCS’s LOC II is the third-party provider for the installment loans. This third-party provider is subject to the Bank’s oversight and supervision and provides the Bank with marketing services and loan servicing for these RCS installment loans. The Bank is the lender for these RCS installment loans and is marketed as such. Furthermore, the Bank controls the loan terms and underwriting guidelines, and the Bank exercises consumer compliance oversight of this RCS installment loan product. Currently, all loan balances originated under this RCS installment loan program are carried as “held for sale” on the Bank’s balance sheet, with the intention to sell these loans to a third-party, who is an affiliate of the Bank’s third-party service provider, generally within sixteen days following the Bank’s origination of the loans. Loans originated under this RCS installment loan program are carried at fair value under a fair-value option, with the portfolio marked to market monthly. ​ ● RCS healthcare receivables products – The Bank originates healthcare-receivables products across the U.S. through three different third-party service providers. ​ o For two of the programs, the Bank retains 100 % of the receivables, with recourse in the event of default. ​ o For the remaining program, in some instances the Bank retains 100% of the receivables originated, with recourse in the event of default, and in other instances, the Bank sells 100 % of the receivables generally within one month of origination. Loan balances held for sale through this program are carried at the lower of cost or fair value. ​ For the RCS line of credit and healthcare receivable products, the Company reports interest income and loan origination fees earned on RCS loans under “Loans, including fees,” while any net gains or losses on sale and mark-to-market adjustments of RCS loans are reported as noninterest income under “RCS Program fees.” The Company has elected fair value accounting for its RCS installment loan product that it sells after an initial holding period. As a result, interest income on loans, loan origination fees, net gains or losses on sale, and mark-to-market adjustments for the RCS installment product are reported as noninterest income under “RCS Program fees.”
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards ​ The following ASUs were adopted by the Company during the nine months ended September 30, 2024: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Method of ​ Financial ASU. No. Topic Nature of Update Date Adopted Adoption Statement 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 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023-02 ​ 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 ​ Immaterial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ Immaterial ​ ​ 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 2024-02 ​ Codification Improvements—Amendments to Remove References to the Concepts Statements ​ This ASU contains amendments to the Codification that remove references to various Concepts Statements. In most instances the references are extraneous and not required to understand or apply the guidance. In other instances the references were used in prior Statements to provide guidance in certain topical areas. ​ January 1, 2025 ​ Prospectively ​ Immaterial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023-09 ​ Income Taxes (Topic 740): Improvements to Income Tax Disclosures ​ Among other things, these amendments require that public business entities on an annual basis (1) disclose specific categories in the rate reconciliation and (2) provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income [or loss] by the applicable statutory income tax rate). ​ January 1, 2025 ​ Prospectively ​ The Company will update its income tax disclosures upon adoption. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023-07 ​ Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ​ The amendments in the ASU are intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. ​ October 1, 2024 ​ Retrospectively ​ The Company will update its segment related disclosures upon adoption. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ Immaterial ​

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2024
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedules of Accounting Standards Updates	The following ASUs were adopted by the Company during the nine months ended September 30, 2024: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Method of ​ Financial ASU. No. Topic Nature of Update Date Adopted Adoption Statement 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 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023-02 ​ 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 ​ Immaterial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ Immaterial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Date Adoption ​ Adoption ​ Expected ASU. No. ​ Topic ​ Nature of Update ​ Required ​ Method ​ Financial Impact 2024-02 ​ Codification Improvements—Amendments to Remove References to the Concepts Statements ​ This ASU contains amendments to the Codification that remove references to various Concepts Statements. In most instances the references are extraneous and not required to understand or apply the guidance. In other instances the references were used in prior Statements to provide guidance in certain topical areas. ​ January 1, 2025 ​ Prospectively ​ Immaterial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023-09 ​ Income Taxes (Topic 740): Improvements to Income Tax Disclosures ​ Among other things, these amendments require that public business entities on an annual basis (1) disclose specific categories in the rate reconciliation and (2) provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income [or loss] by the applicable statutory income tax rate). ​ January 1, 2025 ​ Prospectively ​ The Company will update its income tax disclosures upon adoption. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023-07 ​ Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ​ The amendments in the ASU are intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. ​ October 1, 2024 ​ Retrospectively ​ The Company will update its segment related disclosures upon adoption. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ Immaterial ​

ACQUISITION OF CBANK (Tables)

ACQUISITION OF CBANK (Tables)	9 Months Ended
	Sep. 30, 2024
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 Years Ended December 31, (in thousands) ​ by CBank ​ Adjustments ​ ​ ​ Adjustments ​ ​ ​ 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 ​ 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)	9 Months Ended
	Sep. 30, 2024
INVESTMENT SECURITIES
Schedule of gross amortized cost and fair value of available-for-sale debt securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross Allowance ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ for Fair September 30, 2024 (in thousands) ​ Cost ​ Gains ​ Losses ​ Credit Losses Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 311,140 ​ $ 31 ​ $ (6,774) ​ $ — ​ $ 304,397 Private label mortgage-backed security ​ 233 ​ 1,432 ​ — ​ — ​ 1,665 Mortgage-backed securities - residential ​ 143,903 ​ 361 ​ (9,601) ​ — ​ 134,663 Collateralized mortgage obligations ​ 20,804 ​ 44 ​ (692) ​ — ​ 20,156 Corporate bonds ​ 2,007 ​ 5 ​ — ​ — ​ 2,012 Trust preferred security ​ 3,846 ​ 177 ​ — ​ — ​ 4,023 Total available-for-sale debt securities ​ $ 481,933 ​ $ 2,050 ​ $ (17,067) ​ $ — ​ $ 466,916 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross Allowance ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ for Fair December 31, 2023 (in thousands) ​ Cost ​ Gains ​ Losses ​ Credit Losses Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 421,576 ​ $ — ​ $ (14,543) ​ $ — ​ $ 407,033 Private label mortgage-backed security ​ 443 ​ 1,330 ​ — ​ — ​ 1,773 Mortgage-backed securities - residential ​ 167,996 ​ 176 ​ (13,462) ​ — ​ 154,710 Collateralized mortgage obligations ​ 22,698 ​ 36 ​ (1,075) ​ — ​ 21,659 Corporate bonds ​ 2,012 ​ 8 ​ — ​ — ​ 2,020 Trust preferred security ​ 3,800 ​ 318 ​ — ​ — ​ 4,118 Total available-for-sale debt securities ​ $ 618,525 ​ $ 1,868 ​ $ (29,080) ​ $ — ​ $ 591,313
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 September 30, 2024 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ Credit Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Mortgage-backed securities - residential ​ ​ 23 ​ ​ 1 ​ ​ — ​ ​ 24 ​ ​ — Collateralized mortgage obligations ​ 5,896 ​ 45 ​ (82) ​ 5,859 ​ — Corporate bonds ​ 4,995 ​ 4 ​ — ​ 4,999 ​ (5) Obligations of state and political subdivisions ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total held-to-maturity debt securities ​ $ 10,914 ​ $ 50 ​ $ (82) ​ $ 10,882 ​ $ (5) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ Allowance ​ ​ Amortized ​ Unrecognized ​ Unrecognized ​ Fair ​ for December 31, 2023 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ Credit Losses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 65,000 ​ $ — ​ $ (163) ​ $ 64,837 ​ $ — Mortgage-backed securities - residential ​ ​ 25 ​ ​ — ​ ​ — ​ ​ 25 ​ ​ — Collateralized mortgage obligations ​ 6,386 ​ 48 ​ (121) ​ 6,313 ​ — Corporate bonds ​ 4,986 ​ 6 ​ — ​ 4,992 ​ (10) Obligations of state and political subdivisions ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total held-to-maturity debt securities ​ $ 76,397 ​ $ 54 ​ $ (284) ​ $ 76,167 ​ $ (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 September 30, 2024 (in thousands) ​ Cost ​ Value ​ Cost ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due in one year or less ​ $ 166,174 ​ $ 163,666 ​ $ — ​ $ — Due from one year to five years ​ 131,973 ​ 127,738 ​ 4,996 ​ 4,999 Due from five years to ten years ​ 15,000 ​ 15,005 ​ — ​ — Due beyond ten years ​ 3,846 ​ 4,023 ​ — ​ — Private label mortgage-backed security ​ 233 ​ 1,665 ​ — ​ — Mortgage-backed securities - residential ​ 143,903 ​ 134,663 ​ 23 ​ 24 Collateralized mortgage obligations ​ 20,804 ​ 20,156 ​ 5,895 ​ 5,859 Total debt securities ​ $ 481,933 ​ $ 466,916 ​ $ 10,914 ​ $ 10,882
Schedule of debt securities with unrealized losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized September 30, 2024 (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 ​ $ 49,622 ​ $ (1,231) ​ $ 179,801 ​ $ (5,543) ​ $ 229,423 ​ $ (6,774) Mortgage-backed securities - residential ​ ​ 29,809 ​ ​ (3,709) ​ ​ 83,205 ​ ​ (5,892) ​ ​ 113,014 ​ ​ (9,601) Collateralized mortgage obligations ​ ​ 356 ​ ​ (3) ​ ​ 16,382 ​ ​ (689) ​ ​ 16,738 ​ ​ (692) Trust preferred security ​ — ​ ​ — ​ — ​ — ​ — ​ — Total available-for-sale debt securities ​ $ 79,787 ​ $ (4,943) ​ $ 279,388 ​ $ (12,124) ​ $ 359,175 ​ $ (17,067) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ ​ ​ Unrealized ​ ​ Unrealized ​ ​ Unrealized December 31, 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 ​ $ 26,707 ​ $ (84) ​ $ 380,326 ​ $ (14,459) ​ $ 407,033 ​ $ (14,543) Mortgage-backed securities - residential ​ ​ 1,911 ​ ​ (23) ​ ​ 136,180 ​ ​ (13,439) ​ ​ 138,091 ​ ​ (13,462) Collateralized mortgage obligations ​ ​ 1,668 ​ ​ (52) ​ ​ 17,239 ​ ​ (1,023) ​ ​ 18,907 ​ ​ (1,075) Trust preferred security ​ — ​ ​ — ​ — ​ — ​ — ​ — Total available-for-sale debt securities ​ $ 30,286 ​ $ (159) ​ $ 533,745 ​ $ (28,921) ​ $ 564,031 ​ $ (29,080) ​ ​
Schedule of allowance for credit losses on investment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLS Roll-forward ​ ​ ​ Three Months Ended September 30, ​ ​ ​ 2024 2023 ​ ​ ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Held-to-Maturity Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ ​ 4 ​ ​ 1 ​ ​ — ​ ​ — ​ ​ 5 ​ ​ 10 ​ ​ — ​ ​ — ​ ​ — ​ ​ 10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 4 ​ $ 1 ​ $ — ​ $ — ​ $ 5 ​ $ 10 ​ $ — ​ $ — ​ $ — ​ $ 10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLS Roll-forward ​ ​ ​ Nine Months Ended September 30, ​ ​ ​ 2024 2023 ​ ​ ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Held-to-Maturity Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate Bonds ​ ​ ​ 10 ​ ​ (5) ​ ​ — ​ ​ — ​ ​ 5 ​ ​ 10 ​ ​ — ​ ​ — ​ ​ — ​ ​ 10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 10 ​ $ (5) ​ $ — ​ $ — ​ $ 5 ​ $ 10 ​ $ — ​ $ — ​ $ — ​ $ 10 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of pledged investment securities	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Amortized cost ​ $ 82,037 ​ $ 106,169 Fair value ​ 80,903 ​ 99,530 Carrying amount ​ ​ 80,903 ​ ​ 99,530
Schedule of carrying value, gross unrealized gains and losses, and fair value of equity securities with readily determinable fair values	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair September 30, 2024 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 239 ​ $ — ​ $ 239 Total equity securities with readily determinable fair values ​ $ — ​ $ 239 ​ $ — ​ $ 239 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair December 31, 2023 (in thousands) ​ Cost ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 174 ​ $ — ​ $ 174 Total equity securities with readily determinable fair values ​ $ — ​ $ 174 ​ $ — ​ $ 174
Schedule of equity securities with readily determinable fair values, the gross realized and unrealized gains and losses recognized	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (Losses) Recognized on Equity Securities ​ ​ ​ Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 (in thousands) Realized Unrealized Total Realized Unrealized Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 42 ​ $ 42 ​ $ — ​ $ 16 ​ $ 16 ​ Total equity securities with readily determinable fair value ​ $ — ​ $ 42 ​ $ 42 ​ $ — ​ $ 16 ​ $ 16 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (Losses) Recognized on Equity Securities ​ ​ ​ Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 ​ (in thousands) ​ Realized ​ Unrealized ​ Total ​ Realized ​ Unrealized ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 65 ​ $ 65 ​ $ — ​ $ 26 ​ $ 26 ​ Total equity securities with readily determinable fair value ​ $ — ​ $ 65 ​ $ 65 ​ $ — ​ $ 26 ​ $ 26 ​ ​

LOANS HELD FOR SALE (Tables)

LOANS HELD FOR SALE (Tables)	9 Months Ended
	Sep. 30, 2024
LOANS HELD FOR SALE
Schedule of activity of consumer loans held for sale and carried at fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 8,341 ​ $ 5,757 ​ $ 7,914 ​ $ 4,706 Origination of consumer loans held for sale ​ 43,268 ​ 34,280 ​ 120,668 ​ 87,224 Proceeds from the sale of consumer loans held for sale ​ (46,704) ​ (32,545) ​ (125,795) ​ (85,994) Net gain on sale of consumer loans held for sale ​ 1,175 ​ 951 ​ 3,293 ​ 2,507 Balance, end of period ​ $ 6,080 ​ $ 8,443 ​ $ 6,080 ​ $ 8,443
Schedule of activity of consumer loans held for sale and carried at lower of cost or fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 23,860 ​ $ 15,787 ​ $ 16,094 ​ $ 13,169 Origination of consumer loans held for sale ​ 307,145 ​ 252,808 ​ 820,233 ​ 669,490 Proceeds from the sale of consumer loans held for sale ​ (314,206) ​ (257,452) ​ (824,454) ​ (675,503) Net gain on sale of consumer loans held for sale ​ 3,002 ​ 2,386 ​ 7,928 ​ 6,373 Balance, end of period ​ $ 19,801 ​ $ 13,529 ​ $ 19,801 ​ $ 13,529 ​

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
	Sep. 30, 2024
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Schedule of composition of loan portfolio	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ Owner-occupied ​ $ 1,046,385 ​ $ 1,144,684 Nonowner-occupied ​ 326,273 ​ 345,965 Commercial real estate (1) ​ 1,813,303 ​ 1,785,289 Construction & land development ​ 247,730 ​ 217,338 Commercial & industrial ​ 437,911 ​ 464,078 Lease financing receivables ​ 89,653 ​ 88,591 Aircraft ​ ​ 235,327 ​ ​ 250,051 Home equity ​ 341,204 ​ 295,133 Consumer: ​ ​ ​ ​ ​ ​ Credit cards ​ 16,762 ​ 16,654 Overdrafts ​ 827 ​ 694 Automobile loans ​ 1,340 ​ 2,664 Other consumer ​ 10,181 ​ 7,428 Total Traditional Banking ​ ​ 4,566,896 ​ ​ 4,618,569 Warehouse lines of credit* ​ 595,163 ​ 339,723 Total Core Banking ​ ​ 5,162,059 ​ ​ 4,958,292 ​ ​ ​ ​ ​ ​ ​ Republic Processing Group*: ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ — ​ ​ 103,115 Other TRS commercial & industrial loans ​ ​ 302 ​ ​ 46,092 Republic Credit Solutions ​ ​ 134,556 ​ 132,362 Total Republic Processing Group ​ ​ 134,858 ​ ​ 281,569 ​ ​ ​ ​ ​ ​ ​ Total loans** ​ 5,296,917 ​ 5,239,861 Allowance for credit losses ​ (82,158) ​ (82,130) ​ ​ ​ ​ ​ ​ ​ Total loans, net ​ $ 5,214,759 ​ $ 5,157,731 *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. (1) The approximate percentage of Nonowner-occupied CRE loans to total CRE loans was 64% and 63% , respectively, for September 30, 2024 and December 31, 2023. The approximate percentage of Owner-occupied CRE loans to total CRE loans was 36% and 37% , respectively, for September 30, 2024 and December 31, 2023. ​ ​
Schedule that reconciles the contractually receivable and carrying amounts of loans	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Contractually receivable ​ $ 5,304,509 ​ $ 5,246,621 Unearned income ​ (3,126) ​ (2,556) Unamortized premiums ​ 224 ​ 1,060 Unaccreted discounts ​ (1,809) ​ (2,533) Other net unamortized deferred origination (fees) and costs ​ (2,881) ​ (2,731) Carrying value of loans ​ $ 5,296,917 ​ $ 5,239,861 ​
Schedule of the risk category of loans by class of loans based on the bank's internal analysis performed	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year ​ Amortized ​ Converted ​ ​ ​ As of September 30, 2024 ​ 2024 ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate owner-occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 66,466 ​ $ 242,069 ​ $ 189,402 ​ $ 161,944 ​ $ 156,724 ​ $ 201,870 ​ $ — ​ $ 5,825 ​ $ 1,024,300 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 96 ​ ​ 5,488 ​ ​ — ​ ​ — ​ ​ 5,584 Substandard ​ ​ 11 ​ ​ 715 ​ ​ 1,939 ​ ​ 2,260 ​ ​ 2,018 ​ ​ 9,558 ​ ​ — ​ ​ — ​ ​ 16,501 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 66,477 ​ $ 242,784 ​ $ 191,341 ​ $ 164,204 ​ $ 158,838 ​ $ 216,916 ​ $ — ​ $ 5,825 ​ $ 1,046,385 YTD Gross Charge-offs ​ $ — ​ $ 10 ​ $ 39 ​ $ 13 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 62 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate nonowner-occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 11,204 ​ $ 54,563 ​ $ 58,719 ​ $ 70,475 ​ $ 59,171 ​ $ 62,420 ​ $ — ​ $ 7,808 ​ $ 324,360 Special Mention ​ ​ — ​ ​ — ​ ​ 1,841 ​ ​ — ​ ​ — ​ ​ 20 ​ ​ — ​ ​ — ​ ​ 1,861 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 52 ​ ​ — ​ ​ — ​ ​ 52 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 11,204 ​ $ 54,563 ​ $ 60,560 ​ $ 70,475 ​ $ 59,171 ​ $ 62,492 ​ $ — ​ $ 7,808 ​ $ 326,273 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 86,991 ​ $ 219,028 ​ $ 345,505 ​ $ 278,035 ​ $ 306,211 ​ $ 327,303 ​ $ 33,192 ​ $ 178,283 ​ $ 1,774,548 Special Mention ​ ​ 1,182 ​ ​ — ​ ​ — ​ ​ 4,840 ​ ​ 5,964 ​ ​ 24,930 ​ ​ 317 ​ ​ — ​ ​ 37,233 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,090 ​ ​ 432 ​ ​ — ​ ​ — ​ ​ 1,522 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 88,173 ​ $ 219,028 ​ $ 345,505 ​ $ 282,875 ​ $ 313,265 ​ $ 352,665 ​ $ 33,509 ​ $ 178,283 ​ $ 1,813,303 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction and land development: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 24,164 ​ $ 110,382 ​ $ 88,554 ​ $ 16,886 ​ $ 2,532 ​ $ 4,109 ​ $ 862 ​ $ — ​ $ 247,489 Special Mention ​ ​ — ​ ​ 241 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 241 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 24,164 ​ $ 110,623 ​ $ 88,554 ​ $ 16,886 ​ $ 2,532 ​ $ 4,109 ​ $ 862 ​ $ — ​ $ 247,730 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 54,742 ​ $ 80,322 ​ $ 67,288 ​ $ 51,615 ​ $ 27,939 ​ $ 27,519 ​ $ 115,632 ​ $ 4,815 ​ $ 429,872 Special Mention ​ ​ 74 ​ ​ 38 ​ ​ 387 ​ ​ 1,400 ​ ​ 1,056 ​ ​ 2,303 ​ ​ 1,850 ​ ​ — ​ ​ 7,108 Substandard ​ ​ — ​ ​ — ​ ​ 105 ​ ​ 2 ​ ​ — ​ ​ 339 ​ ​ 141 ​ ​ 344 ​ ​ 931 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 54,816 ​ $ 80,360 ​ $ 67,780 ​ $ 53,017 ​ $ 28,995 ​ $ 30,161 ​ $ 117,623 ​ $ 5,159 ​ $ 437,911 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease financing receivables: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 23,107 ​ $ 37,526 ​ $ 17,812 ​ $ 6,883 ​ $ 2,813 ​ $ 740 ​ $ — ​ $ — ​ $ 88,881 Special Mention ​ ​ — ​ ​ 151 ​ ​ 23 ​ ​ 67 ​ ​ 88 ​ ​ 67 ​ ​ — ​ ​ — ​ ​ 396 Substandard ​ ​ — ​ ​ — ​ ​ 343 ​ ​ 33 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 376 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 23,107 ​ $ 37,677 ​ $ 18,178 ​ $ 6,983 ​ $ 2,901 ​ $ 807 ​ $ — ​ $ — ​ $ 89,653 YTD Gross Charge-offs ​ $ — ​ $ 45 ​ $ 13 ​ $ — ​ $ — ​ $ 32 ​ $ — ​ $ — ​ $ 90 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aircraft: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 25,211 ​ $ 80,760 ​ $ 48,925 ​ $ 36,720 ​ $ 25,287 ​ $ 18,051 ​ $ — ​ $ — ​ $ 234,954 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ 315 ​ ​ — ​ ​ 58 ​ ​ — ​ ​ — ​ ​ 373 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 25,211 ​ $ 80,760 ​ $ 48,925 ​ $ 37,035 ​ $ 25,287 ​ $ 18,109 ​ $ — ​ $ — ​ $ 235,327 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 339,134 ​ $ — ​ $ 339,134 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 2,070 ​ ​ — ​ ​ 2,070 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 341,204 ​ $ — ​ $ 341,204 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 29 ​ $ — ​ $ 29 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year (Continued) ​ Amortized ​ Converted ​ ​ ​ ​ As of September 30, 2024 ​ 2024 ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 5,480 ​ $ 2,714 ​ $ 274 ​ $ 110 ​ $ 32 ​ $ 1,728 ​ $ 18,764 ​ $ — ​ $ 29,102 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 8 ​ ​ — ​ ​ — ​ ​ 8 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 5,480 ​ $ 2,714 ​ $ 274 ​ $ 110 ​ $ 32 ​ $ 1,736 ​ $ 18,764 ​ $ — ​ $ 29,110 ​ YTD Gross Charge-offs ​ $ 823 ​ $ 1,169 ​ $ — ​ $ 1 ​ $ — ​ $ — ​ $ 848 ​ $ — ​ $ 2,841 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Warehouse: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 595,163 ​ $ — ​ $ 595,163 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 595,163 ​ $ — ​ $ 595,163 ​ YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TRS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 302 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 302 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 302 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 302 ​ YTD Gross Charge-offs ​ $ 32,692 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 32,692 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RCS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 10,167 ​ $ 12,450 ​ $ 3,701 ​ $ 334 ​ $ 334 ​ $ 41,201 ​ $ 66,110 ​ $ — ​ $ 134,297 ​ Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 259 ​ ​ — ​ ​ 259 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Total ​ $ 10,167 ​ $ 12,450 ​ $ 3,701 ​ $ 334 ​ $ 334 ​ $ 41,201 ​ $ 66,369 ​ $ — ​ $ 134,556 ​ YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 13,882 ​ $ — ​ $ 13,882 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grand Total: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 307,834 ​ $ 839,814 ​ $ 820,180 ​ $ 623,002 ​ $ 581,043 ​ $ 684,941 ​ $ 1,168,857 ​ $ 196,731 ​ $ 5,222,402 ​ Special Mention ​ ​ 1,256 ​ ​ 430 ​ ​ 2,251 ​ ​ 6,307 ​ ​ 7,204 ​ ​ 32,808 ​ ​ 2,167 ​ ​ — ​ ​ 52,423 ​ Substandard ​ ​ 11 ​ ​ 715 ​ ​ 2,387 ​ ​ 2,610 ​ ​ 3,108 ​ ​ 10,447 ​ ​ 2,470 ​ ​ 344 ​ ​ 22,092 ​ Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ Grand Total ​ $ 309,101 ​ $ 840,959 ​ $ 824,818 ​ $ 631,919 ​ $ 591,355 ​ $ 728,196 ​ $ 1,173,494 ​ $ 197,075 ​ $ 5,296,917 ​ YTD Gross Charge-offs ​ $ 33,515 ​ $ 1,224 ​ $ 52 ​ $ 14 ​ $ — ​ $ 32 ​ $ 14,759 ​ $ — ​ $ 49,596 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving Loans ​ Revolving Loans ​ ​ ​ (in thousands) ​ Term Loans Amortized Cost Basis by Origination Year ​ Amortized ​ Converted ​ ​ ​ As of December 31, 2023 ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate owner-occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 346,195 ​ $ 200,715 ​ $ 175,030 ​ $ 167,493 ​ $ 59,982 ​ $ 170,402 ​ $ — ​ $ 2,474 ​ $ 1,122,291 Special Mention ​ ​ 41 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 6,309 ​ ​ — ​ ​ — ​ ​ 6,350 Substandard ​ ​ — ​ ​ 2,526 ​ ​ 1,885 ​ ​ 1,226 ​ ​ 1,040 ​ ​ 9,366 ​ ​ — ​ ​ — ​ ​ 16,043 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 346,236 ​ $ 203,241 ​ $ 176,915 ​ $ 168,719 ​ $ 61,022 ​ $ 186,077 ​ $ — ​ $ 2,474 ​ $ 1,144,684 YTD Gross Charge-offs ​ $ — ​ $ 10 ​ $ 16 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 26 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate nonowner-occupied: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 63,405 ​ $ 69,827 ​ $ 82,814 ​ $ 47,395 ​ $ 28,416 ​ $ 44,280 ​ $ — ​ $ 7,597 ​ $ 343,734 Special Mention ​ ​ 170 ​ ​ 1,971 ​ ​ — ​ ​ — ​ ​ — ​ ​ 26 ​ ​ — ​ ​ — ​ ​ 2,167 Substandard ​ ​ — ​ ​ — ​ ​ 16 ​ ​ — ​ ​ — ​ ​ 48 ​ ​ — ​ ​ — ​ ​ 64 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 63,575 ​ $ 71,798 ​ $ 82,830 ​ $ 47,395 ​ $ 28,416 ​ $ 44,354 ​ $ — ​ $ 7,597 ​ $ 345,965 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 342,658 ​ $ 439,643 ​ $ 351,600 ​ $ 174,093 ​ $ 84,457 ​ $ 179,849 ​ $ 32,491 ​ $ 143,670 ​ $ 1,748,461 Special Mention ​ ​ 23,852 ​ ​ 1,020 ​ ​ 374 ​ ​ — ​ ​ 3,668 ​ ​ 5,330 ​ ​ 1,716 ​ ​ — ​ ​ 35,960 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 868 ​ ​ — ​ ​ — ​ ​ 868 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 366,510 ​ $ 440,663 ​ $ 351,974 ​ $ 174,093 ​ $ 88,125 ​ $ 186,047 ​ $ 34,207 ​ $ 143,670 ​ $ 1,785,289 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction and land development: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 107,827 ​ $ 89,106 ​ $ 16,936 ​ $ 297 ​ $ 125 ​ $ 125 ​ $ 225 ​ $ 2,697 ​ $ 217,338 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 107,827 ​ $ 89,106 ​ $ 16,936 ​ $ 297 ​ $ 125 ​ $ 125 ​ $ 225 ​ $ 2,697 ​ $ 217,338 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, 2023 ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Cost Basis ​ to Term ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 140,753 ​ $ 87,497 ​ $ 70,149 ​ $ 13,150 ​ $ 10,175 ​ $ 10,782 ​ $ 120,069 ​ $ 3,968 ​ $ 456,543 Special Mention ​ ​ 349 ​ ​ 423 ​ ​ 3,473 ​ ​ — ​ ​ — ​ ​ 1,476 ​ ​ 542 ​ ​ — ​ ​ 6,263 Substandard ​ ​ 49 ​ ​ 36 ​ ​ 3 ​ ​ — ​ ​ 339 ​ ​ — ​ ​ 25 ​ ​ 820 ​ ​ 1,272 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 141,151 ​ $ 87,956 ​ $ 73,625 ​ $ 13,150 ​ $ 10,514 ​ $ 12,258 ​ $ 120,636 ​ $ 4,788 ​ $ 464,078 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease financing receivables: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 45,824 ​ $ 23,956 ​ $ 10,265 ​ $ 4,571 ​ $ 2,344 ​ $ 545 ​ $ — ​ $ — ​ $ 87,505 Special Mention ​ ​ 429 ​ ​ 30 ​ ​ 162 ​ ​ 183 ​ ​ 27 ​ ​ 88 ​ ​ — ​ ​ — ​ ​ 919 Substandard ​ ​ — ​ ​ 102 ​ ​ — ​ ​ — ​ ​ — ​ ​ 65 ​ ​ — ​ ​ — ​ ​ 167 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 46,253 ​ $ 24,088 ​ $ 10,427 ​ $ 4,754 ​ $ 2,371 ​ $ 698 ​ $ — ​ $ — ​ $ 88,591 YTD Gross Charge-offs ​ $ 20 ​ $ 113 ​ $ — ​ $ — ​ $ — ​ $ 8 ​ $ — ​ $ — ​ $ 141 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aircraft: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 97,761 ​ $ 55,896 ​ $ 44,721 ​ $ 30,628 ​ $ 14,195 ​ $ 6,850 ​ $ — ​ $ — ​ $ 250,051 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 97,761 ​ $ 55,896 ​ $ 44,721 ​ $ 30,628 ​ $ 14,195 ​ $ 6,850 ​ $ — ​ $ — ​ $ 250,051 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 292,890 ​ $ — ​ $ 292,890 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 235 ​ ​ — ​ ​ 235 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 2,008 ​ ​ — ​ ​ 2,008 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 295,133 ​ $ — ​ $ 295,133 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 2 ​ $ — ​ $ 2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 3,947 ​ $ 1,194 ​ $ 181 ​ $ 74 ​ $ 1,186 ​ $ 2,234 ​ $ 18,611 ​ $ — ​ $ 27,427 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1 ​ ​ 12 ​ ​ — ​ ​ — ​ ​ 13 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 3,947 ​ $ 1,194 ​ $ 181 ​ $ 74 ​ $ 1,187 ​ $ 2,246 ​ $ 18,611 ​ $ — ​ $ 27,440 YTD Gross Charge-offs ​ $ 9 ​ $ 11 ​ $ 8 ​ $ — ​ $ — ​ $ 7 ​ $ 1,147 ​ $ — ​ $ 1,182 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Warehouse: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 339,723 ​ $ — ​ $ 339,723 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 339,723 ​ $ — ​ $ 339,723 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TRS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated (1) ​ $ 149,207 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 149,207 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total (1) ​ $ 149,207 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 149,207 YTD Gross Charge-offs (1) ​ $ 20,418 ​ $ 5,533 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 25,951 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RCS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 30,607 ​ $ 7,203 ​ $ 579 ​ $ 454 ​ $ 996 ​ $ 36,372 ​ $ 54,634 ​ $ — ​ $ 130,845 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,517 ​ ​ — ​ ​ 1,517 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 30,607 ​ $ 7,203 ​ $ 579 ​ $ 454 ​ $ 996 ​ $ 36,372 ​ $ 56,151 ​ $ — ​ $ 132,362 YTD Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 13,912 ​ $ — ​ $ 13,912 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grand Total: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass or not rated ​ $ 1,328,184 ​ $ 975,037 ​ $ 752,275 ​ $ 438,155 ​ $ 201,876 ​ $ 451,439 ​ $ 858,643 ​ $ 160,406 ​ $ 5,166,015 Special Mention ​ ​ 24,841 ​ ​ 3,444 ​ ​ 4,009 ​ ​ 183 ​ ​ 3,695 ​ ​ 13,229 ​ ​ 2,493 ​ ​ — ​ ​ 51,894 Substandard ​ ​ 49 ​ ​ 2,664 ​ ​ 1,904 ​ ​ 1,226 ​ ​ 1,380 ​ ​ 10,359 ​ ​ 3,550 ​ ​ 820 ​ ​ 21,952 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Grand Total ​ $ 1,353,074 ​ $ 981,145 ​ $ 758,188 ​ $ 439,564 ​ $ 206,951 ​ $ 475,027 ​ $ 864,686 ​ $ 161,226 ​ $ 5,239,861 YTD Gross Charge-offs ​ $ 20,447 ​ $ 5,667 ​ $ 24 ​ $ — ​ $ — ​ $ 15 ​ $ 15,061 ​ $ — ​ $ 41,214 (1) Loans and YTD Gross Charge-offs have been revised for an immaterial correction into Term Loan categories from a Revolving Loan category as previously reported in the 2023 Annual Report on Form 10-K.
Schedule of activity in the ACLL for loan and lease losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Roll-forward ​ ​ ​ Three Months Ended September 30, ​ ​ ​ 2024 ​ 2023 ​ ​ ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending ​ ​ Beginning ​ CBank ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ Balance ​ Adjustment* ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ ​ $ 9,544 ​ $ (141) ​ $ (10) ​ $ 24 ​ $ 9,417 ​ $ 9,899 ​ $ — ​ $ 318 ​ $ (9) ​ $ 23 ​ $ 10,231 Nonowner-occupied ​ ​ ​ 2,957 ​ ​ (52) ​ ​ — ​ ​ 1 ​ ​ 2,906 ​ ​ 3,086 ​ ​ — ​ ​ (51) ​ ​ — ​ ​ 1 ​ ​ 3,036 Commercial real estate ​ ​ ​ 26,161 ​ ​ (135) ​ ​ — ​ ​ 313 ​ ​ 26,339 ​ ​ 25,089 ​ ​ — ​ ​ 251 ​ ​ — ​ ​ 7 ​ ​ 25,347 Construction & land development ​ ​ ​ 6,922 ​ ​ (261) ​ ​ — ​ ​ — ​ ​ 6,661 ​ ​ 4,811 ​ ​ — ​ ​ 325 ​ ​ — ​ ​ — ​ ​ 5,136 Commercial & industrial ​ ​ ​ 4,133 ​ ​ (122) ​ ​ — ​ ​ 1 ​ ​ 4,012 ​ ​ 4,322 ​ ​ — ​ ​ (148) ​ ​ — ​ ​ 7 ​ ​ 4,181 Lease financing receivables ​ ​ ​ 1,116 ​ ​ 8 ​ ​ (32) ​ ​ 24 ​ ​ 1,116 ​ ​ 825 ​ ​ — ​ ​ 265 ​ ​ — ​ ​ 10 ​ ​ 1,100 Aircraft ​ ​ ​ 601 ​ ​ (13) ​ ​ — ​ ​ — ​ ​ 588 ​ ​ 521 ​ ​ — ​ ​ 46 ​ ​ — ​ ​ — ​ ​ 567 Home equity ​ ​ ​ 6,059 ​ ​ 310 ​ ​ (29) ​ ​ 10 ​ ​ 6,350 ​ ​ 4,770 ​ ​ — ​ ​ 375 ​ ​ — ​ ​ 1 ​ ​ 5,146 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 1,067 ​ ​ 24 ​ ​ (59) ​ ​ 48 ​ ​ 1,080 ​ ​ 1,103 ​ ​ — ​ ​ 3 ​ ​ (30) ​ ​ 16 ​ ​ 1,092 Overdrafts ​ ​ ​ 658 ​ ​ 181 ​ ​ (231) ​ ​ 51 ​ ​ 659 ​ ​ 706 ​ ​ — ​ ​ 128 ​ ​ (243) ​ ​ 49 ​ ​ 640 Automobile loans ​ ​ ​ 19 ​ ​ (25) ​ ​ — ​ ​ 20 ​ ​ 14 ​ ​ 53 ​ ​ — ​ ​ 16 ​ ​ (30) ​ ​ 2 ​ ​ 41 Other consumer ​ ​ ​ 628 ​ ​ 1,714 ​ ​ (1,947) ​ ​ 12 ​ ​ 407 ​ ​ 382 ​ ​ — ​ ​ 39 ​ ​ (20) ​ ​ 13 ​ ​ 414 Total Traditional Banking ​ ​ ​ 59,865 ​ ​ 1,488 ​ ​ (2,308) ​ ​ 504 ​ ​ 59,549 ​ ​ 55,567 ​ ​ — ​ ​ 1,567 ​ ​ (332) ​ ​ 129 ​ ​ 56,931 Warehouse lines of credit ​ ​ ​ 1,370 ​ ​ 116 ​ ​ — ​ ​ — ​ ​ 1,486 ​ ​ 1,346 ​ ​ — ​ ​ (203) ​ ​ — ​ ​ — ​ ​ 1,143 Total Core Banking ​ ​ ​ 61,235 ​ ​ 1,604 ​ ​ (2,308) ​ ​ 504 ​ ​ 61,035 ​ ​ 56,913 ​ ​ — ​ ​ 1,364 ​ ​ (332) ​ ​ 129 ​ ​ 58,074 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ ​ — ​ ​ (2,311) ​ ​ — ​ ​ 2,311 ​ ​ — ​ ​ — ​ ​ — ​ ​ (1,939) ​ ​ — ​ ​ 1,939 ​ ​ — Other TRS commercial & industrial loans ​ ​ ​ — ​ ​ 1 ​ ​ — ​ ​ — ​ ​ 1 ​ ​ — ​ ​ — ​ ​ (28) ​ ​ — ​ ​ 29 ​ ​ 1 Republic Credit Solutions ​ ​ ​ 19,452 ​ ​ 6,365 ​ ​ (5,022) ​ ​ 327 ​ ​ 21,122 ​ ​ 15,289 ​ ​ — ​ ​ 4,333 ​ ​ (3,340) ​ ​ 219 ​ ​ 16,501 Total Republic Processing Group ​ ​ ​ 19,452 ​ ​ 4,055 ​ ​ (5,022) ​ ​ 2,638 ​ ​ 21,123 ​ ​ 15,289 ​ ​ — ​ ​ 2,366 ​ ​ (3,340) ​ ​ 2,187 ​ ​ 16,502 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 80,687 ​ $ 5,659 ​ $ (7,330) ​ $ 3,142 ​ $ 82,158 ​ $ 72,202 ​ $ — ​ $ 3,730 ​ $ (3,672) ​ $ 2,316 ​ $ 74,576 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * The net fair value adjustment to ACLL includes an estimate of lifetime credit losses for PCD loans. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLL Roll-forward ​ ​ ​ Nine Months Ended September 30, ​ ​ ​ 2024 2023 ​ ​ ​ Beginning ​ ​ ​ Charge- ​ ​ ​ Ending ​ ​ Beginning ​ CBank ​ ​ ​ Charge- ​ ​ ​ Ending (in thousands) ​ ​ Balance ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ Balance ​ Adjustment* ​ Provision ​ offs ​ Recoveries ​ Balance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ ​ $ 10,337 ​ $ (961) ​ $ (62) ​ $ 103 ​ $ 9,417 ​ $ 8,909 ​ $ — ​ $ 1,298 ​ $ (24) ​ $ 48 ​ $ 10,231 Nonowner-occupied ​ ​ ​ 3,047 ​ ​ (143) ​ ​ — ​ ​ 2 ​ ​ 2,906 ​ ​ 2,831 ​ ​ — ​ ​ 203 ​ ​ — ​ ​ 2 ​ ​ 3,036 Commercial real estate ​ ​ ​ 25,830 ​ ​ 173 ​ ​ — ​ ​ 336 ​ ​ 26,339 ​ ​ 23,739 ​ ​ — ​ ​ 1,542 ​ ​ — ​ ​ 66 ​ ​ 25,347 Construction & land development ​ ​ ​ 6,060 ​ ​ 601 ​ ​ — ​ ​ — ​ ​ 6,661 ​ ​ 4,123 ​ ​ — ​ ​ 1,013 ​ ​ — ​ ​ — ​ ​ 5,136 Commercial & industrial ​ ​ ​ 4,236 ​ ​ (227) ​ ​ — ​ ​ 3 ​ ​ 4,012 ​ ​ 3,976 ​ ​ — ​ ​ 89 ​ ​ — ​ ​ 116 ​ ​ 4,181 Lease financing receivables ​ ​ ​ 1,061 ​ ​ 99 ​ ​ (90) ​ ​ 46 ​ ​ 1,116 ​ ​ 110 ​ ​ 216 ​ ​ 764 ​ ​ — ​ ​ 10 ​ ​ 1,100 Aircraft ​ ​ ​ 625 ​ ​ (37) ​ ​ — ​ ​ — ​ ​ 588 ​ ​ 449 ​ ​ — ​ ​ 118 ​ ​ — ​ ​ — ​ ​ 567 Home equity ​ ​ ​ 5,501 ​ ​ 867 ​ ​ (29) ​ ​ 11 ​ ​ 6,350 ​ ​ 4,628 ​ ​ — ​ ​ 516 ​ ​ — ​ ​ 2 ​ ​ 5,146 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ ​ ​ 1,074 ​ ​ 133 ​ ​ (190) ​ ​ 63 ​ ​ 1,080 ​ ​ 996 ​ ​ — ​ ​ 158 ​ ​ (103) ​ ​ 41 ​ ​ 1,092 Overdrafts ​ ​ ​ 694 ​ ​ 443 ​ ​ (658) ​ ​ 180 ​ ​ 659 ​ ​ 726 ​ ​ — ​ ​ 437 ​ ​ (676) ​ ​ 153 ​ ​ 640 Automobile loans ​ ​ ​ 32 ​ ​ (41) ​ ​ — ​ ​ 23 ​ ​ 14 ​ ​ 87 ​ ​ — ​ ​ (16) ​ ​ (37) ​ ​ 7 ​ ​ 41 Other consumer ​ ​ ​ 501 ​ ​ 1,860 ​ ​ (1,993) ​ ​ 39 ​ ​ 407 ​ ​ 135 ​ ​ — ​ ​ 289 ​ ​ (62) ​ ​ 52 ​ ​ 414 Total Traditional Banking ​ ​ ​ 58,998 ​ ​ 2,767 ​ ​ (3,022) ​ ​ 806 ​ ​ 59,549 ​ ​ 50,709 ​ ​ 216 ​ ​ 6,411 ​ ​ (902) ​ ​ 497 ​ ​ 56,931 Warehouse lines of credit ​ ​ ​ 847 ​ ​ 639 ​ ​ — ​ ​ — ​ ​ 1,486 ​ ​ 1,009 ​ ​ — ​ ​ 134 ​ ​ — ​ ​ — ​ ​ 1,143 Total Core Banking ​ ​ ​ 59,845 ​ ​ 3,406 ​ ​ (3,022) ​ ​ 806 ​ ​ 61,035 ​ ​ 51,718 ​ ​ 216 ​ ​ 6,545 ​ ​ (902) ​ ​ 497 ​ ​ 58,074 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ ​ 3,929 ​ ​ 22,249 ​ ​ (32,555) ​ ​ 6,377 ​ ​ — ​ ​ 3,797 ​ ​ — ​ ​ 19,615 ​ ​ (25,823) ​ ​ 2,411 ​ ​ — Other TRS commercial & industrial loans ​ ​ ​ 61 ​ ​ 33 ​ ​ (137) ​ ​ 44 ​ ​ 1 ​ ​ 91 ​ ​ — ​ ​ 7 ​ ​ (128) ​ ​ 31 ​ ​ 1 Republic Credit Solutions ​ ​ ​ 18,295 ​ ​ 15,742 ​ ​ (13,882) ​ ​ 967 ​ ​ 21,122 ​ ​ 14,807 ​ ​ — ​ ​ 10,468 ​ ​ (9,459) ​ ​ 685 ​ ​ 16,501 Total Republic Processing Group ​ ​ ​ 22,285 ​ ​ 38,024 ​ ​ (46,574) ​ ​ 7,388 ​ ​ 21,123 ​ ​ 18,695 ​ ​ — ​ ​ 30,090 ​ ​ (35,410) ​ ​ 3,127 ​ ​ 16,502 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 82,130 ​ $ 41,430 ​ $ (49,596) ​ $ 8,194 ​ $ 82,158 ​ $ 70,413 ​ $ 216 ​ $ 36,635 ​ $ (36,312) ​ $ 3,624 ​ $ 74,576 * The net fair value adjustment to ACLL includes an estimate of lifetime credit losses for PCD loans.
Schedule of non-performing loans and non-performing assets and select credit quality ratios	​ ​ ​ ​ ​ ​ ​ ​ ​ (dollars in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ Loans on nonaccrual status* ​ $ 19,381 ​ $ 19,150 ​ Loans past due 90-days-or-more and still on accrual** ​ 164 ​ 1,468 ​ Total nonperforming loans ​ 19,545 ​ 20,618 ​ Other real estate owned ​ 1,212 ​ 1,370 ​ Total nonperforming assets ​ $ 20,757 ​ $ 21,988 ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Quality Ratios - Total Company: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonperforming loans to total loans ​ 0.37 % 0.39 % Nonperforming assets to total loans (including OREO) ​ 0.39 ​ 0.42 ​ Nonperforming assets to total assets ​ 0.31 ​ 0.33 ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Quality Ratios - Core Bank: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonperforming loans to total loans ​ 0.38 % 0.39 % Nonperforming assets to total loans (including OREO) ​ 0.40 ​ 0.41 ​ Nonperforming assets to total assets ​ 0.33 ​ 0.35 ​ * Loans on nonaccrual status include collateral-dependent loans. ** Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans.
Schedule of recorded investment in non-accrual loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Past Due 90-Days-or-More ​ ​ Nonaccrual ​ ​ and Still Accruing Interest* (in thousands) September 30, 2024 December 31, 2023 September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ $ 15,660 ​ $ 15,056 ​ ​ $ — ​ $ — Nonowner-occupied ​ 64 ​ 64 ​ ​ — ​ — Commercial real estate ​ 737 ​ 850 ​ ​ — ​ — Construction & land development ​ — ​ — ​ ​ — ​ — Commercial & industrial ​ 854 ​ 1,221 ​ ​ — ​ — Lease financing receivables ​ 134 ​ — ​ ​ — ​ — Aircraft ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — Home equity ​ 1,868 ​ 1,948 ​ ​ — ​ — Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ — ​ — ​ ​ — ​ — Overdrafts ​ — ​ — ​ ​ — ​ — Automobile loans ​ 5 ​ 10 ​ ​ — ​ — Other consumer ​ 59 ​ 1 ​ ​ — ​ — Total Traditional Banking ​ ​ 19,381 ​ ​ 19,150 ​ ​ ​ — ​ ​ — Warehouse lines of credit ​ — ​ — ​ ​ — ​ — Total Core Banking ​ ​ 19,381 ​ ​ 19,150 ​ ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ — Other TRS commercial & industrial loans ​ — ​ — ​ ​ — ​ — Republic Credit Solutions ​ ​ — ​ ​ — ​ ​ ​ 164 ​ ​ 1,468 Total Republic Processing Group ​ ​ — ​ ​ — ​ ​ ​ 164 ​ ​ 1,468 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 19,381 ​ $ 19,150 ​ ​ $ 164 ​ $ 1,468 * Loans past due 90-days-or-more and still accruing consist of smaller balance consumer loans. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ As of September 30, 2024 ​ September 30, 2024 ​ September 30, 2024 ​ 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 ​ $ 373 ​ $ 15,287 ​ $ 15,660 ​ $ 273 ​ $ 813 Nonowner-occupied ​ 27 ​ ​ 37 ​ ​ 64 ​ ​ — ​ ​ 15 Commercial real estate ​ 737 ​ ​ — ​ ​ 737 ​ ​ 43 ​ ​ 112 Construction & land development ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Commercial & industrial ​ 713 ​ ​ 141 ​ ​ 854 ​ ​ 9 ​ ​ 9 Lease financing receivables ​ — ​ ​ 134 ​ ​ 134 ​ ​ — ​ ​ — Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Home equity ​ — ​ ​ 1,868 ​ ​ 1,868 ​ ​ 84 ​ ​ 241 Consumer ​ ​ 5 ​ ​ 59 ​ ​ 64 ​ ​ 100 ​ ​ 101 Total ​ $ 1,855 ​ $ 17,526 ​ $ 19,381 ​ $ 509 ​ $ 1,291 * Includes interest income for loans on nonaccrual as of the beginning of the period that were paid off during the period. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ As of December 31, 2023 ​ September 30, 2023 ​ September 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 ​ $ 376 ​ $ 14,680 ​ $ 15,056 ​ $ 224 ​ $ 664 Nonowner-occupied ​ 20 ​ ​ 44 ​ ​ 64 ​ ​ 7 ​ ​ 8 Commercial real estate ​ 850 ​ ​ — ​ ​ 850 ​ ​ 31 ​ ​ 142 Construction & land development ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Commercial & industrial ​ 1,221 ​ ​ — ​ ​ 1,221 ​ ​ 23 ​ ​ 23 Lease financing receivables ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Home equity ​ — ​ ​ 1,948 ​ ​ 1,948 ​ ​ 45 ​ ​ 106 Consumer ​ ​ 8 ​ ​ 3 ​ ​ 11 ​ ​ — ​ ​ 6 Total ​ $ 2,475 ​ $ 16,675 ​ $ 19,150 ​ $ 330 ​ $ 949 * Includes interest income for loans on nonaccrual as of the beginning of the period that were paid off during the period.
Schedule of aging of the recorded investment in loans by class of loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30 - 59 60 - 89 90 or More ​ ​ ​ September 30, 2024 Days ​ Days ​ Days ​ Total ​ Total ​ ​ ​ (dollars in thousands) ​ Delinquent ​ Delinquent ​ Delinquent* ​ Delinquent** ​ Current ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ $ 3,137 ​ $ 2,161 ​ $ 1,805 ​ $ 7,103 ​ $ 1,039,282 ​ $ 1,046,385 Nonowner-occupied ​ — ​ — ​ — ​ — ​ 326,273 ​ 326,273 Commercial real estate ​ 90 ​ 433 ​ — ​ 523 ​ 1,812,780 ​ 1,813,303 Construction & land development ​ — ​ — ​ — ​ — ​ 247,730 ​ 247,730 Commercial & industrial ​ 168 ​ 27 ​ 854 ​ 1,049 ​ 436,862 ​ 437,911 Lease financing receivables ​ 3 ​ — ​ 33 ​ 36 ​ 89,617 ​ 89,653 Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 235,327 ​ ​ 235,327 Home equity ​ 824 ​ 67 ​ 219 ​ 1,110 ​ 340,094 ​ 341,204 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 37 ​ 7 ​ — ​ 44 ​ 16,718 ​ 16,762 Overdrafts ​ 137 ​ 6 ​ — ​ 143 ​ 684 ​ 827 Automobile loans ​ — ​ — ​ — ​ — ​ 1,340 ​ 1,340 Other consumer ​ 32 ​ 7 ​ 1 ​ 40 ​ 10,141 ​ 10,181 Total Traditional Banking ​ ​ 4,428 ​ ​ 2,708 ​ ​ 2,912 ​ ​ 10,048 ​ ​ 4,556,848 ​ ​ 4,566,896 Warehouse lines of credit ​ — ​ — ​ — ​ — ​ 595,163 ​ 595,163 Total Core Banking ​ ​ 4,428 ​ ​ 2,708 ​ ​ 2,912 ​ ​ 10,048 ​ ​ 5,152,011 ​ ​ 5,162,059 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ — ​ — ​ — ​ — ​ — ​ — Other TRS commercial & industrial loans ​ — ​ — ​ — ​ — ​ 302 ​ 302 Republic Credit Solutions ​ ​ 8,587 ​ 2,151 ​ 164 ​ 10,902 ​ 123,654 ​ 134,556 Total Republic Processing Group ​ ​ 8,587 ​ ​ 2,151 ​ ​ 164 ​ ​ 10,902 ​ ​ 123,956 ​ ​ 134,858 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 13,015 ​ $ 4,859 ​ $ 3,076 ​ $ 20,950 ​ $ 5,275,967 ​ $ 5,296,917 Delinquency ratio*** ​ 0.25 % 0.09 % 0.06 % 0.40 % ​ ​ ​ ​ ​ * All loans past due 90-days-or-more, excluding small balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. *** Represents total loans 30-days-or-more past due by aging category divided by total loans. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30 - 59 60 - 89 90 or More ​ ​ ​ December 31, 2023 Days ​ Days ​ Days ​ Total ​ Total ​ ​ ​ (dollars in thousands) ​ Delinquent ​ Delinquent ​ Delinquent* ​ Delinquent** ​ Current ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional Banking: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ $ 3,396 ​ $ 769 ​ $ 1,638 ​ $ 5,803 ​ $ 1,138,881 ​ $ 1,144,684 Nonowner-occupied ​ — ​ — ​ — ​ — ​ 345,965 ​ 345,965 Commercial real estate ​ — ​ — ​ — ​ — ​ 1,785,289 ​ 1,785,289 Construction & land development ​ — ​ — ​ — ​ — ​ 217,338 ​ 217,338 Commercial & industrial ​ 140 ​ 36 ​ 1,184 ​ 1,360 ​ 462,718 ​ 464,078 Lease financing receivables ​ 18 ​ — ​ — ​ 18 ​ 88,573 ​ 88,591 Aircraft ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 250,051 ​ ​ 250,051 Home equity ​ 417 ​ 96 ​ 254 ​ 767 ​ 294,366 ​ 295,133 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit cards ​ 31 ​ 4 ​ — ​ 35 ​ 16,619 ​ 16,654 Overdrafts ​ 129 ​ 1 ​ 1 ​ 131 ​ 563 ​ 694 Automobile loans ​ — ​ — ​ 2 ​ 2 ​ 2,662 ​ 2,664 Other consumer ​ 53 ​ 7 ​ — ​ 60 ​ 7,368 ​ 7,428 Total Traditional Banking ​ ​ 4,184 ​ ​ 913 ​ ​ 3,079 ​ ​ 8,176 ​ ​ 4,610,393 ​ ​ 4,618,569 Warehouse lines of credit ​ — ​ — ​ — ​ — ​ 339,723 ​ 339,723 Total Core Banking ​ ​ 4,184 ​ ​ 913 ​ ​ 3,079 ​ ​ 8,176 ​ ​ 4,950,116 ​ ​ 4,958,292 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax Refund Solutions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances ​ ​ — ​ — ​ — ​ — ​ 103,115 ​ 103,115 Other TRS commercial & industrial loans ​ — ​ — ​ — ​ — ​ 46,092 ​ 46,092 Republic Credit Solutions ​ ​ 9,387 ​ 3,061 ​ 1,468 ​ 13,916 ​ 118,446 ​ 132,362 Total Republic Processing Group ​ ​ 9,387 ​ ​ 3,061 ​ ​ 1,468 ​ ​ 13,916 ​ ​ 267,653 ​ ​ 281,569 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 13,571 ​ $ 3,974 ​ $ 4,547 ​ $ 22,092 ​ $ 5,217,769 ​ $ 5,239,861 Delinquency ratio*** ​ 0.25 % 0.08 % 0.09 % 0.42 % ​ ​ ​ ​ ​ * All loans past due 90-days-or-more, excluding smaller balance consumer loans, were on nonaccrual status. ** Delinquent status may be determined by either the number of days past due or number of payments past due. *** Represents total loans 30-days-or-more past due by aging category divided by total loans.
Schedule of amortized cost basis of collateral-dependent loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2024 ​ December 31, 2023 ​ ​ 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 ​ $ 19,704 ​ $ — ​ $ 18,602 ​ $ — Nonowner-occupied ​ 52 ​ — ​ 64 ​ — Commercial real estate ​ 1,525 ​ — ​ 870 ​ — Construction & land development ​ — ​ — ​ — ​ — Commercial & industrial ​ 930 ​ — ​ 1,273 ​ — Lease financing receivables ​ — ​ 376 ​ — ​ 108 Aircraft ​ ​ — ​ 373 ​ ​ — ​ — Home equity ​ 2,086 ​ — ​ 2,008 ​ — Consumer ​ ​ — ​ 7 ​ ​ — ​ 13 Total Traditional Banking ​ $ 24,297 ​ $ 756 ​ $ 22,817 ​ $ 121
Schedule of financing receivable, experiencing financial difficulty and modified	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized Cost Basis of Modified Financing Receivables ​ ​ Three Months Ended September 30, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Combination-Term ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Extension and (dollars in thousands) ​ Loans (#) ​ Rate Reduction ($) ​ Loans (#) ​ Term Extension ($) ​ Loans (#) ​ Principal Deferral ($) ​ Loans ​ Rate Reduction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ — ​ $ — ​ — ​ $ — ​ — ​ $ — ​ — ​ $ — Nonowner-occupied ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — ​ — ​ — Home equity ​ — ​ ​ — ​ — ​ ​ — ​ 2 ​ ​ 26 ​ — ​ ​ — Republic Processing Group ​ — ​ ​ — ​ — ​ ​ — ​ 248 ​ ​ 60 ​ — ​ ​ — Total Loan Modifications ​ — ​ $ — ​ — ​ $ — ​ 250 ​ $ 86 ​ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized Cost Basis of Modified Financing Receivables ​ ​ Nine Months Ended September 30, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Combination-Term ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Extension and (dollars in thousands) ​ Loans (#) ​ Rate Reduction ($) ​ Loans (#) ​ Term Extension ($) ​ Loans (#) ​ Principal Deferral ($) ​ Loans ​ Rate Reduction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ — ​ $ — ​ — ​ $ — ​ 1 ​ $ 11 ​ 1 ​ $ 152 Nonowner-occupied ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — ​ — ​ — Commercial & industrial ​ — ​ ​ — ​ — ​ ​ — ​ 2 ​ ​ 26 ​ — ​ ​ — Republic Processing Group ​ — ​ ​ — ​ — ​ ​ — ​ 383 ​ ​ 95 ​ — ​ ​ — Total Loan Modifications ​ — ​ $ — ​ — ​ $ — ​ 386 ​ $ 132 ​ 1 ​ $ 152 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized Cost Basis of Modified Financing Receivables ​ ​ Three Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Combination-Term ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Extension and (dollars in thousands) ​ Loans (#) ​ Rate Reduction ($) ​ Loans (#) ​ Term Extension ($) ​ Loans (#) ​ Principal Deferral ($) ​ Loans ​ Rate Reduction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ — ​ $ — ​ — ​ $ — ​ 4 ​ $ 239 ​ — ​ $ — Nonowner-occupied ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — ​ — ​ — Home equity ​ — ​ ​ — ​ — ​ ​ — ​ 1 ​ ​ 433 ​ — ​ ​ — Consumer ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — Republic Processing Group ​ — ​ ​ — ​ — ​ ​ — ​ 383 ​ ​ 84 ​ — ​ ​ — Total Loan Modifications ​ — ​ $ — ​ — ​ $ — ​ 388 ​ $ 756 ​ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized Cost Basis of Modified Financing Receivables ​ ​ Nine Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Combination-Term ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Extension and (dollars in thousands) ​ Loans (#) ​ Rate Reduction ($) ​ Loans (#) ​ Term Extension ($) ​ Loans (#) ​ Principal Deferral ($) ​ Loans ​ Rate Reduction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ — ​ $ — ​ 2 ​ $ 258 ​ 13 ​ $ 1,006 ​ — ​ $ — Home equity ​ — ​ ​ — ​ — ​ ​ — ​ 4 ​ ​ 566 ​ — ​ ​ — Republic Processing Group ​ — ​ ​ — ​ — ​ ​ — ​ 383 ​ ​ 84 ​ — ​ ​ — Total Loan Modifications ​ — ​ $ — ​ 2 ​ $ 258 ​ 400 ​ $ 1,656 ​ — ​ $ — ​
Schedule of financing receivable, loan modification	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loan Modification by Type ​ Total Loan Modification by Type ​ ​ Three Months Ended September 30, 2024 ​ Nine Months Ended September 30, 2024 ​ ​ Accruing ​ Nonaccruing ​ Accruing ​ Nonaccruing (dollars in thousands) ​ Loans (#) ​ Recorded investment ($) ​ Loans (#) ​ Recorded investment ($) ​ Loans (#) ​ Recorded investment ($) ​ Loans (#) ​ Recorded investment ($) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Term extension ​ — ​ $ — ​ — ​ $ — ​ — ​ $ — ​ — ​ $ — Principal deferral ​ 250 ​ ​ 86 ​ — ​ ​ — ​ 386 ​ ​ 132 ​ — ​ ​ — Combination- term extension and principal deferral ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — Combination- term extension and rate reduction ​ — ​ ​ — ​ — ​ ​ — ​ — ​ ​ — ​ 1 ​ ​ 152 Total Loan Modifications ​ 250 ​ $ 86 ​ — ​ $ — ​ 386 ​ $ 132 ​ 1 ​ $ 152 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loan Modification by Type ​ Total Loan Modification by Type ​ ​ Three Months Ended September 30, 2023 ​ Nine Months Ended September 30, 2023 ​ ​ Accruing ​ Nonaccruing ​ Accruing ​ Nonaccruing (dollars in thousands) ​ Loans (#) ​ Recorded investment ($) ​ Loans (#) ​ Recorded investment ($) ​ Loans (#) ​ Recorded investment ($) ​ Loans (#) ​ Recorded investment ($) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Term extension ​ — ​ $ — ​ — ​ $ — ​ — ​ $ — ​ — ​ $ — Principal deferral ​ 383 ​ ​ 84 ​ 5 ​ ​ 672 ​ 383 ​ ​ 84 ​ 19 ​ ​ 1,830 Total Loan Modifications ​ 383 ​ $ 84 ​ 5 ​ $ 672 ​ 383 ​ $ 84 ​ 19 ​ $ 1,830
Schedule of percentage of the amortized cost of loans and leases that were modified	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accruing Loan Modifications ​ Accruing Loan Modifications ​ ​ Three Months Ended September 30, 2024 ​ Nine Months Ended September 30, 2024 ​ ​ ​ ​ ​ ​ ​ % 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 ​ — ​ $ — ​ — % ​ 1 ​ $ 11 ​ 0.00 % Commercial & industrial ​ 2 ​ ​ 26 ​ 0.01 ​ ​ 2 ​ ​ 26 ​ 0.01 ​ Republic Processing Group ​ 248 ​ ​ 60 ​ 0.04 ​ ​ 383 ​ ​ 95 ​ 0.07 ​ Total Accruing Loan Modifications ​ 250 ​ $ 86 ​ 0.00 % ​ 386 ​ $ 132 ​ NM % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonaccruing Loan Modifications ​ Nonaccruing Loan Modifications ​ ​ Three Months Ended September 30, 2024 ​ Nine Months Ended September 30, 2024 ​ ​ ​ ​ ​ ​ ​ % 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 ​ — ​ $ — ​ — % ​ 1 ​ $ 152 ​ 0.01 % Home equity ​ — ​ ​ — ​ — ​ ​ — ​ ​ — ​ — ​ Total Nonaccruing Loan Modifications ​ — ​ $ — ​ — % ​ 1 ​ $ 152 ​ 0.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accruing Loan Modifications ​ ​ Three Months Ended September 30, 2023 ​ Nine Months Ended September 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 ​ — ​ $ — ​ — % ​ — ​ $ — ​ — % Commercial & industrial ​ — ​ ​ — ​ — ​ ​ — ​ ​ — ​ — ​ Republic Processing Group ​ 383 ​ $ 84 ​ 0.07 ​ ​ 383 ​ ​ 84 ​ 0.07 ​ Total Accruing Loan Modifications ​ 383 ​ $ 84 ​ NM % ​ 383 ​ $ 84 ​ NM % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonaccruing Loan Modifications ​ ​ Three Months Ended September 30, 2023 ​ Nine Months Ended September 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 ​ 4 ​ $ 239 ​ 0.02 % ​ 4 ​ $ 566 ​ 0.05 % Home equity ​ 1 ​ ​ 433 ​ 0.16 ​ ​ 15 ​ ​ 1,264 ​ 0.46 ​ Total Nonaccruing Loan Modifications ​ 5 ​ $ 672 ​ 0.01 % ​ 19 ​ $ 1,830 ​ 0.04 %
Schedule of financing receivable modified past due	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accruing Loan Modifications ​ ​ At September 30, 2024 ​ ​ ​ ​ ​ 30-89 Days ​ 90+ Days (in thousands) ​ Current ​ Past Due ​ Past Due ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ 11 ​ $ — ​ $ — Nonowner occupied ​ ​ — ​ ​ — ​ ​ — Commercial & industrial ​ ​ 26 ​ ​ — ​ ​ — Home equity ​ ​ 22 ​ ​ — ​ ​ — Republic Processing Group ​ ​ 95 ​ ​ — ​ ​ — Total accruing loan modifications to borrowers experiencing financial difficulty in which modifications were made in the twelve months ended September 30, 2024 ​ $ 154 ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonaccruing Loan Modifications ​ ​ At September 30, 2024 ​ ​ ​ ​ ​ 30-89 Days ​ 90+ Days (in thousands) ​ Current ​ Past Due ​ Past Due ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ $ 437 ​ $ — ​ $ — Nonowner occupied ​ ​ — ​ ​ — ​ ​ — Home equity ​ ​ 65 ​ ​ — ​ ​ — Total nonaccruing loan modifications to borrowers experiencing financial difficulty in which modifications were made in the twelve months ended September 30, 2024 ​ $ 502 ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accruing Loan Modifications ​ ​ At September 30, 2023 ​ ​ ​ ​ ​ 30-89 Days ​ 90+ Days (in thousands) ​ Current ​ Past Due ​ Past Due ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner occupied ​ $ — ​ $ — ​ $ — Nonowner occupied ​ ​ — ​ ​ — ​ ​ — Commercial & industrial ​ ​ — ​ ​ — ​ ​ — Home equity ​ ​ — ​ ​ — ​ ​ — Republic Processing Group ​ ​ 84 ​ ​ — ​ ​ — Total accruing loan modifications to borrowers experiencing financial difficulty in which modifications were made in the twelve months ended September 30, 2023 ​ $ 84 ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonaccruing Loan Modifications ​ ​ At September 30, 2023 ​ ​ ​ ​ ​ 30-89 Days ​ 90+ Days (in thousands) ​ Current ​ Past Due ​ Past Due ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ Owner-occupied ​ $ 932 ​ $ 188 ​ $ 168 Nonowner occupied ​ ​ — ​ ​ — ​ ​ — Home equity ​ ​ 542 ​ ​ — ​ ​ — Total nonaccruing loan modifications to borrowers experiencing financial difficulty in which modifications were made in the twelve months ended September 30, 2023 ​ $ 1,474 ​ $ 188 ​ $ 168
Schedule of carrying amount of foreclosed properties held	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ September 30, 2024 ​ December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Commercial real estate ​ $ 1,212 ​ $ 1,370 ​ ​ ​ ​ ​ ​ ​ Total other real estate owned ​ $ 1,212 $ 1,370
Schedule of recorded investment in consumer mortgage loans secured by residential real estate properties	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Recorded investment in consumer residential real estate mortgage loans in the process of foreclosure $ 1,735 $ 1,556
Schedule of Refund Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ September 30, ​ September 30, (dollars in thousands) 2024 ​ 2023 ​ 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Refund Advances originated $ — ​ $ — ​ $ 771,091 ​ ​ $ 737,047 ​ Net charge to the Provision for RAs, including ERAs ​ (2,311) ​ ​ (1,939) ​ ​ 22,249 ​ ​ ​ 19,615 ​ Provision as a percentage of RAs, including ERAs, originated ​ ​ NA ​ ​ NA ​ ​ 2.89 % ​ ​ 2.66 % Refund Advances net charge-offs (recoveries) $ (2,311) ​ $ (1,939) ​ $ 26,178 ​ ​ $ 23,412 ​ Refund Advances net charge-offs (recoveries) to total Refund Advances originated ​ ​ NA ​ ​ NA ​ ​ 3.39 % ​ ​ 3.18 % ​

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Sep. 30, 2024
DEPOSITS
Composition of deposit portfolio	The composition of the deposit portfolio follows: ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Core Bank: ​ ​ ​ ​ ​ ​ Demand ​ $ 1,158,108 ​ $ 1,158,051 Money market accounts ​ 1,232,060 ​ 1,007,356 Savings ​ 259,076 ​ 263,238 Reciprocal money market ​ 263,602 ​ 188,078 Individual retirement accounts (1) ​ 35,555 ​ 33,793 Time deposits, $250 and over (1) ​ 118,043 ​ 101,787 Other certificates of deposit (1) ​ 241,025 ​ 225,614 Reciprocal time deposits (1) ​ 100,888 ​ 90,857 Wholesale brokered deposits (1) ​ ​ 87,252 ​ ​ 88,767 Total Core Bank interest-bearing deposits ​ 3,495,609 ​ 3,157,541 Total Core Bank noninterest-bearing deposits ​ ​ 1,157,979 ​ ​ 1,239,466 Total Core Bank deposits ​ ​ 4,653,588 ​ ​ 4,397,007 ​ ​ ​ ​ ​ ​ ​ Republic Processing Group: ​ ​ ​ ​ ​ ​ Wholesale brokered deposits (1) ​ ​ — ​ ​ 199,960 Interest-bearing prepaid card deposits ​ ​ 321,681 ​ ​ — Money market accounts ​ ​ 24,320 ​ ​ 18,664 Total RPG interest-bearing deposits ​ ​ 346,001 ​ ​ 218,624 ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing prepaid card deposits ​ ​ — ​ ​ 318,769 Other noninterest-bearing deposits ​ ​ 102,107 ​ ​ 118,763 Total RPG noninterest-bearing deposits ​ ​ 102,107 ​ ​ 437,532 Total RPG deposits ​ ​ 448,108 ​ ​ 656,156 ​ ​ ​ ​ ​ ​ ​ Total deposits ​ $ 5,101,696 ​ $ 5,053,163 (1) Includes time deposits .

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Tables)	9 Months Ended
	Sep. 30, 2024
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS
Schedule of securities sold under agreements to repurchase and other short-term borrowings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (dollars in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding balance at end of period ​ $ 79,383 ​ ​ $ 97,618 ​ Weighted average interest rate at end of period ​ 0.72 % ​ 0.50 % ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of securities pledged: ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 80,903 ​ ​ $ 99,530 ​ Total securities pledged ​ $ 80,903 ​ ​ $ 99,530 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ Nine Months Ended ​ ​ September 30, ​ ​ September 30, ​ (dollars in thousands) 2024 ​ 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period $ 73,660 ​ $ 90,063 ​ ​ $ 88,140 ​ $ 136,528 ​ Weighted average interest rate during the period ​ ​ 0.76 % ​ ​ 0.13 % ​ ​ 0.61 % ​ ​ 0.44 % Maximum outstanding at any month end during the period $ 79,383 ​ $ 88,862 ​ ​ $ 113,281 ​ $ 224,067 ​ ​

FEDERAL HOME LOAN BANK ADVANC_2

FEDERAL HOME LOAN BANK ADVANCES (Tables)	9 Months Ended
	Sep. 30, 2024
FEDERAL HOME LOAN BANK ADVANCES
Federal Home Loan Bank Advances	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Overnight advances ​ $ — ​ $ 110,000 Fixed interest rate advances ​ 370,000 ​ 270,000 Total FHLB advances ​ $ 370,000 ​ $ 380,000
Aggregate Future Principal Payments on FHLB Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Average Year (dollars in thousands) ​ Principal ​ Rate ​ ​ ​ ​ ​ ​ ​ 2024 $ — ​ — % 2025 ​ 100,000 5.05 ​ 2026 ​ 30,000 4.82 ​ 2027 ​ ​ 80,000 4.01 ​ 2028 ​ 160,000 4.39 ​ Total ​ $ 370,000 4.52 %
Information Regarding Overnight FHLB Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ Nine Months Ended ​ ​ ​ September 30, ​ ​ September 30, ​ (dollars in thousands) 2024 ​ 2023 ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average outstanding balance during the period $ 17,989 ​ $ 250,348 ​ $ 96,058 ​ $ 150,833 ​ Weighted average interest rate during the period ​ ​ 5.42 % ​ ​ 5.20 % ​ ​ 5.46 % ​ ​ 7.75 % Maximum outstanding at any month end during the period $ 55,000 ​ $ 365,000 ​ $ 760,000 ​ $ 485,000 ​
Real Estate Loans Pledged	​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ First-lien, single family residential real estate ​ $ 1,208,147 ​ $ 1,345,752 ​ Home equity lines of credit ​ 300,719 ​ 266,389 ​ Multi-family commercial real estate ​ 100,759 ​ 133,565 ​ Commercial real estate ​ ​ 352,639 ​ ​ — ​

OFF BALANCE SHEET RISKS, COMM_2

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2024
OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES
Commitments Exclusive of Mortgage Bank Loan Commitments	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Unused warehouse lines of credit ​ $ 307,837 ​ $ 623,277 Unused home equity lines of credit ​ 471,527 ​ 446,006 Unused loan commitments - other ​ 1,113,019 ​ 1,159,284 Standby letters of credit ​ 10,761 ​ 11,012 Total commitments ​ $ 1,903,144 ​ $ 2,239,579
Schedule of roll-forward of the ACLC	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLC Roll-forward ​ ​ ​ Three Months Ended ​ ​ ​ 2024 ​ 2023 ​ ​ ​ 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 ​ ​ $ 77 ​ $ 2 ​ $ — ​ $ — ​ $ 79 ​ $ 145 ​ $ (43) ​ $ — ​ $ — ​ $ 102 Unused home equity lines of credit ​ ​ ​ 110 ​ ​ 24 ​ ​ — ​ ​ — ​ ​ 134 ​ ​ 353 ​ ​ (315) ​ ​ — ​ ​ — ​ ​ 38 Unused construction lines of credit ​ ​ ​ 591 ​ ​ (64) ​ ​ — ​ ​ — ​ ​ 527 ​ ​ 633 ​ ​ 225 ​ ​ — ​ ​ — ​ ​ 858 Unused loan commitments - other ​ ​ ​ 332 ​ ​ (72) ​ ​ — ​ ​ — ​ ​ 260 ​ ​ 399 ​ ​ (57) ​ ​ — ​ ​ — ​ ​ 342 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 1,110 ​ $ (110) ​ $ — ​ $ — ​ $ 1,000 ​ $ 1,530 ​ $ (190) ​ $ — ​ $ — ​ $ 1,340 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ACLC Roll-forward ​ ​ ​ Nine Months Ended September 30, ​ ​ ​ 2024 ​ 2023 ​ ​ ​ 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 ​ ​ $ 116 ​ $ (37) ​ $ — ​ $ — ​ $ 79 ​ $ 190 ​ $ (88) ​ $ — ​ $ — ​ $ 102 Unused home equity lines of credit ​ ​ ​ 55 ​ ​ 79 ​ ​ — ​ ​ — ​ ​ 134 ​ ​ 332 ​ ​ (294) ​ ​ — ​ ​ — ​ ​ 38 Unused construction lines of credit ​ ​ ​ 820 ​ ​ (293) ​ ​ — ​ ​ — ​ ​ 527 ​ ​ 384 ​ ​ 474 ​ ​ — ​ ​ — ​ ​ 858 Unused loan commitments - other ​ ​ ​ 349 ​ ​ (89) ​ ​ — ​ ​ — ​ ​ 260 ​ ​ 344 ​ ​ (2) ​ ​ — ​ ​ — ​ ​ 342 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 1,340 ​ $ (340) ​ $ — ​ $ — ​ $ 1,000 ​ $ 1,250 ​ $ 90 ​ $ — ​ $ — ​ $ 1,340 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on Recurring Basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ September 30, 2024 Using: ​ ​ ​ ​ Quoted Prices in Significant ​ ​ ​ ​ Active Markets ​ Other ​ Significant ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Total ​ ​ Assets ​ Inputs ​ Inputs ​ Fair (in thousands) ​ (Level 1) ​ (Level 2) ​ (Level 3) ​ Value Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-sale debt securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities and U.S. Government agencies ​ $ 70,069 ​ $ 234,328 ​ $ — ​ $ 304,397 Private label mortgage-backed security ​ — ​ — ​ 1,665 ​ 1,665 Mortgage-backed securities - residential ​ — ​ 134,663 ​ — ​ 134,663 Collateralized mortgage obligations ​ — ​ 20,156 ​ — ​ 20,156 Corporate bonds ​ ​ — ​ ​ 2,012 ​ ​ — ​ ​ 2,012 Trust preferred security ​ — ​ — ​ 4,023 ​ 4,023 Total available-for-sale debt securities ​ $ 70,069 ​ $ 391,159 ​ $ 5,688 ​ $ 466,916 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities with readily determinable fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 239 ​ $ — ​ $ 239 Total equity securities with readily determinable fair value ​ $ — ​ $ 239 ​ $ — ​ $ 239 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale ​ $ — ​ $ 8,526 ​ $ — ​ $ 8,526 Consumer loans held for sale ​ ​ — ​ ​ — ​ ​ 6,080 ​ ​ 6,080 Rate lock commitments ​ — ​ 535 ​ — ​ 535 Mandatory forward contracts ​ ​ — ​ ​ — ​ ​ — ​ ​ — Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ — ​ ​ 9,073 ​ ​ — ​ ​ 9,073 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock commitments ​ $ — ​ $ — ​ $ — ​ $ — Mandatory forward contracts ​ $ — ​ $ 113 ​ $ — ​ $ 113 Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ — ​ ​ 9,073 ​ ​ — ​ ​ 9,073 Interest rate swap agreements on FHLB advances ​ ​ — ​ ​ 3,960 ​ ​ — ​ ​ 3,960 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 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 ​ $ 177,784 ​ $ 229,249 ​ $ — ​ $ 407,033 Private label mortgage-backed security ​ — ​ — ​ 1,773 ​ 1,773 Mortgage-backed securities - residential ​ — ​ 154,710 ​ — ​ 154,710 Collateralized mortgage obligations ​ — ​ 21,659 ​ — ​ 21,659 Corporate bonds ​ ​ — ​ ​ 2,020 ​ ​ — ​ ​ 2,020 Trust preferred security ​ — ​ — ​ 4,118 ​ 4,118 Total available-for-sale debt securities ​ $ 177,784 ​ $ 407,638 ​ $ 5,891 ​ $ 591,313 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities with readily determinable fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Freddie Mac preferred stock ​ $ — ​ $ 174 ​ $ — ​ $ 174 Total equity securities with readily determinable fair value ​ $ — ​ $ 174 ​ $ — ​ $ 174 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale ​ $ — ​ $ 3,227 ​ $ — ​ $ 3,227 Consumer loans held for sale ​ ​ — ​ ​ — ​ ​ 7,914 ​ ​ 7,914 Rate lock commitments ​ — ​ 243 ​ — ​ 243 Interest rate swap agreements - Bank clients and institutional swap dealer ​ — ​ 8,933 ​ — ​ 8,933 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ $ — ​ $ 61 ​ $ — ​ $ 61 Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ — ​ ​ 8,933 ​ ​ — ​ 8,933
Assets Measured at Fair Value on a Non-Recurring Basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ September 30, 2024 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 ​ $ — ​ $ — ​ $ 201 ​ $ 201 Total collateral-dependent loans* ​ $ — ​ $ — ​ $ 201 ​ $ 201 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate ​ $ — ​ $ — ​ $ 1,212 ​ $ 1,212 Total other real estate owned ​ $ — ​ $ — ​ $ 1,212 ​ $ 1,212 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 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 ​ $ — ​ $ — ​ $ 1,580 ​ $ 1,580 Commercial real estate ​ — ​ — ​ 795 ​ 795 Home equity ​ — ​ — ​ 104 ​ 104 Total collateral-dependent loans* ​ $ — ​ $ — ​ $ 2,479 ​ $ 2,479 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate ​ $ — ​ $ — ​ $ 1,370 ​ $ 1,370 Total other real estate owned ​ $ — ​ $ — ​ $ 1,370 ​ $ 1,370
Provisions for collateral dependent impaired loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision on collateral-dependent loans ​ $ 25 ​ $ — ​ $ 56 ​ $ (20) ​
Other Real Estate Owned	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Other real estate owned carried at fair value ​ $ 1,212 ​ $ 1,370 Total carrying value of other real estate owned ​ $ 1,212 ​ $ 1,370 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned write-downs during the period ​ $ 53 ​ $ 53 ​ $ 154 ​ $ 158
Carrying amount and estimated fair values of financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ September 30, 2024: ​ ​ ​ ​ ​ ​ Total ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair (in thousands) ​ Value ​ Level 1 ​ Level 2 ​ Level 3 ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 530,865 ​ $ 530,865 ​ $ — ​ $ — ​ $ 530,865 Available-for-sale debt securities ​ 466,916 ​ 70,069 ​ 391,159 ​ 5,688 ​ 466,916 Held-to-maturity debt securities ​ 10,909 ​ — ​ 10,882 ​ — ​ 10,882 Equity securities with readily determinable fair values ​ ​ 239 ​ ​ — ​ ​ 239 ​ ​ — ​ ​ 239 Mortgage loans held for sale, at fair value ​ 8,526 ​ — ​ 8,526 ​ — ​ 8,526 Consumer loans held for sale, at fair value ​ ​ 6,080 ​ ​ — ​ ​ — ​ ​ 6,080 ​ ​ 6,080 Consumer loans held for sale, at the lower of cost or fair value ​ ​ 19,801 ​ ​ — ​ ​ — ​ ​ 19,801 ​ ​ 19,801 Loans, net ​ 5,214,759 ​ — ​ — ​ 5,053,585 ​ 5,053,585 Federal Home Loan Bank stock ​ 23,981 ​ — ​ — ​ — ​ NA Accrued interest receivable ​ 17,890 ​ — ​ 2,425 ​ 15,465 ​ 17,890 Mortgage servicing rights ​ ​ 7,052 ​ ​ — ​ ​ 15,753 ​ ​ — ​ ​ 15,753 Rate lock commitments ​ ​ 535 ​ ​ — ​ ​ 535 ​ ​ — ​ ​ 535 Mandatory forward contracts ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ 9,073 ​ ​ — ​ ​ 9,073 ​ ​ — ​ ​ 9,073 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing deposits ​ $ 1,260,086 ​ $ — ​ $ 1,260,086 ​ $ — ​ $ 1,260,086 Transaction deposits ​ 3,346,099 ​ — ​ 3,346,099 ​ — ​ 3,346,099 Time deposits ​ 495,511 ​ — ​ 498,513 ​ — ​ 498,513 Securities sold under agreements to repurchase and other short-term borrowings ​ 80,903 ​ — ​ 80,903 ​ — ​ 80,903 Federal Home Loan Bank advances ​ 370,000 ​ — ​ 376,509 ​ — ​ 376,509 Accrued interest payable ​ 5,179 ​ — ​ 5,179 ​ — ​ 5,179 Rate lock commitments ​ ​ 535 ​ ​ — ​ ​ 535 ​ ​ — ​ ​ 535 Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ 9,073 ​ ​ — ​ ​ 9,073 ​ ​ — ​ ​ 9,073 Interest rate swap agreements on FHLB advances ​ ​ 3,960 ​ ​ — ​ ​ 3,960 ​ ​ — ​ ​ 3,960 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at ​ ​ ​ ​ ​ December 31, 2023: ​ ​ ​ ​ ​ Total ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair (in thousands) ​ Value ​ Level 1 ​ Level 2 ​ Level 3 ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 316,567 ​ $ 316,567 ​ $ — ​ $ — ​ $ 316,567 Available-for-sale debt securities ​ 591,313 ​ 177,784 ​ 407,638 ​ 5,891 ​ 591,313 Held-to-maturity debt securities ​ 76,387 ​ — ​ 76,167 ​ — ​ 76,167 Equity securities with readily determinable fair values ​ ​ 174 ​ ​ — ​ ​ 174 ​ ​ — ​ ​ 174 Mortgage loans held for sale, at fair value ​ 3,227 ​ — ​ 3,227 ​ — ​ 3,227 Consumer loans held for sale, at fair value ​ ​ 7,914 ​ ​ — ​ ​ — ​ ​ 7,914 ​ ​ 7,914 Consumer loans held for sale, at the lower of cost or fair value ​ ​ 16,094 ​ ​ — ​ ​ — ​ ​ 16,094 ​ ​ 16,094 Loans, net ​ 5,157,731 ​ — ​ — ​ 4,874,974 ​ 4,874,974 Federal Home Loan Bank stock ​ 23,770 ​ — ​ — ​ — ​ NA Accrued interest receivable ​ 18,447 ​ — ​ 4,097 ​ 14,350 ​ 18,447 Mortgage servicing rights ​ ​ 7,411 ​ ​ — ​ ​ 16,054 ​ ​ — ​ ​ 16,054 Rate lock commitments ​ ​ 243 ​ ​ — ​ ​ 243 ​ ​ — ​ ​ 243 Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ 8,933 ​ ​ — ​ ​ 8,933 ​ ​ — ​ ​ 8,933 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest-bearing deposits ​ $ 1,676,998 ​ $ — ​ $ 1,676,998 ​ $ — ​ $ 1,676,998 Transaction deposits ​ 2,924,114 ​ — ​ 2,924,114 ​ — ​ 2,924,114 Time deposits ​ 452,051 ​ — ​ 446,218 ​ — ​ 446,218 Securities sold under agreements to repurchase and other short-term borrowings ​ 99,530 ​ — ​ 99,530 ​ — ​ 99,530 Federal Home Loan Bank advances ​ 380,000 ​ — ​ 382,062 ​ — ​ 382,062 Accrued interest payable ​ 4,073 ​ — ​ 4,073 ​ — ​ 4,073 Rate lock commitments ​ 243 ​ ​ — ​ ​ 243 ​ ​ — ​ ​ 243 Mandatory forward contracts ​ ​ 61 ​ ​ — ​ ​ 61 ​ ​ — ​ ​ 61 Interest rate swap agreements - Bank clients and institutional swap dealer ​ ​ 8,933 ​ ​ — ​ ​ 8,933 ​ ​ — ​ ​ 8,933 ​
Nonrecurring basis
Fair Value Disclosures
Fair value inputs quantitative information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Range ​ ​ Fair ​ Valuation ​ Unobservable ​ (Weighted September 30, 2024 (dollars in thousands) ​ Value ​ Technique ​ Inputs ​ Average) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - residential real estate owner-occupied ​ $ 201 Sales comparison approach Adjustments determined for differences between comparable sales 2% (2%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned - commercial real estate ​ $ 1,212 Sales comparison approach Adjustments determined for differences between comparable sales 39% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Range ​ ​ Fair ​ Valuation ​ Unobservable ​ (Weighted December 31, 2023 (dollars in thousands) ​ Value ​ Technique ​ Inputs ​ Average) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - residential real estate owner-occupied ​ $ 1,580 Sales comparison approach Adjustments determined for differences between comparable sales 0% - 27% (4%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - commercial real estate ​ $ 795 Sales comparison approach Adjustments determined for differences between comparable sales 11% (11%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral-dependent loans - home equity ​ $ 104 Sales comparison approach Adjustments determined for differences between comparable sales 5% (5%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned - commercial real estate ​ $ 1,370 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 Nine Months Ended ​ September 30, ​ September 30, (in thousands) 2024 ​ 2023 ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period $ 1,716 ​ $ 1,988 ​ $ 1,773 ​ $ 2,127 Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in unrealized gain (loss) 54 ​ (6) ​ 102 ​ 26 Principal paydowns (105) ​ (97) ​ (210) ​ (268) Balance, end of period $ 1,665 ​ $ 1,885 ​ $ 1,665 ​ $ 1,885
Private label mortgage backed security | Recurring basis
Fair Value Disclosures
Fair value inputs quantitative information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ September 30, 2024 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Range ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Private label mortgage-backed security ​ $ 1,665 Discounted cash flow (1) Constant prepayment rate 1.8% - 2.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Probability of default 0.2% - 9.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (3) Loss severity 25% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2023 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Range ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Private label mortgage-backed security ​ $ 1,773 Discounted cash flow (1) Constant prepayment rate 3.9% - 4.5% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Probability of default 1.8% - 9.4% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (3) Loss severity 25% - 35%
Trust preferred security
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2024 ​ 2023 ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 4,092 ​ $ 3,746 ​ $ 4,118 ​ $ 3,855 ​ Total gains or losses included in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount accretion ​ ​ 16 ​ ​ 15 ​ ​ 46 ​ ​ 44 ​ Net change in unrealized gain (loss) ​ (85) ​ 234 ​ (141) ​ 96 ​ Balance, end of period ​ $ 4,023 ​ $ 3,995 ​ $ 4,023 ​ $ 3,995 ​
Mortgage Loans Held for Sale
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ $ 8,526 ​ $ 3,227 Contractual balance ​ 8,290 ​ 3,168 Unrealized gain ​ 236 ​ 59
Schedule of gains and losses from changes in fair value included in earnings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ $ 179 ​ $ 84 ​ $ 456 ​ $ 206 Change in fair value ​ 70 ​ (36) ​ 177 ​ 3 Total included in earnings ​ $ 249 ​ $ 48 ​ $ 633 ​ $ 209
Consumer
Fair Value Disclosures
Schedule of aggregate fair value, contractual balance and unrealized gain	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Aggregate fair value ​ $ 6,080 ​ $ 7,914 Contractual balance ​ 6,120 ​ 7,964 Unrealized loss ​ (40) ​ (50)
Schedule of gains and losses from changes in fair value included in earnings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ $ 1,464 ​ $ 1,077 ​ $ 3,995 ​ $ 2,790 Change in fair value ​ 13 ​ (16) ​ 10 ​ (23) Total included in earnings ​ $ 1,477 ​ $ 1,061 ​ $ 4,005 ​ $ 2,767
Consumer | Recurring basis
Fair Value Disclosures
Reconciliation of the Bank's investments measured at fair value on a recurring basis using significant unobservable inputs	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ September 30, 2024 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans held for sale ​ $ 6,080 Contract Terms (1) Net Premium 0.15% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Discounted Sales 10.00% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Valuation ​ December 31, 2023 (dollars in thousands) ​ Value ​ Technique ​ Unobservable Inputs ​ Rate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer loans held for sale ​ $ 7,914 Contract Terms (1) Net Premium 0.15% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (2) Discounted Sales 10.00% ​

MORTGAGE BANKING ACTIVITIES (Ta

MORTGAGE BANKING ACTIVITIES (Tables)	9 Months Ended
	Sep. 30, 2024
MORTGAGE BANKING ACTIVITIES
Activity for Mortgage Loans Held for Sale, at fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 9,703 ​ $ 4,038 ​ $ 3,227 ​ $ 1,302 Origination of mortgage loans held for sale ​ 57,142 ​ 23,860 ​ 137,891 ​ 53,750 Transferred from held for investment to held for sale ​ ​ — ​ ​ — ​ ​ 67,176 ​ ​ — Proceeds from the sale of mortgage loans held for sale ​ (59,732) ​ (25,681) ​ (202,198) ​ (53,794) Net gain (loss) on mortgage loans held for sale ​ 1,413 ​ 494 ​ 2,430 ​ 1,453 Balance, end of period ​ $ 8,526 ​ $ 2,711 ​ $ 8,526 ​ $ 2,711
Components of Mortgage Banking Income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 ​ 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net gain realized on sale of mortgage loans held for sale ​ $ 1,325 ​ $ 608 ​ $ 3,010 ​ $ 1,213 Fair value adjustment for correspondent loans reclassified to held for sale ​ ​ — ​ ​ — ​ ​ (997) ​ ​ — Net change in fair value recognized on loans held for sale ​ 70 ​ (36) ​ 177 ​ 3 Net change in fair value recognized on rate lock loan commitments ​ 90 ​ (94) ​ 292 ​ 93 Net change in fair value recognized on forward contracts ​ (72) ​ 16 ​ (52) ​ 144 Net gain (loss) recognized ​ 1,413 ​ 494 ​ 2,430 ​ 1,453 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan servicing income ​ 1,071 ​ 824 ​ 2,825 ​ 2,546 Amortization of mortgage servicing rights ​ (422) ​ (466) ​ (1,271) ​ (1,440) Change in mortgage servicing rights valuation allowance ​ — ​ — ​ — ​ — Net servicing income recognized ​ 649 ​ 358 ​ 1,554 ​ 1,106 Total mortgage banking income ​ $ 2,062 ​ $ 852 ​ $ 3,984 ​ $ 2,559
Activity for capitalized mortgage servicing rights	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 7,030 ​ $ 7,995 ​ $ 7,411 ​ $ 8,770 Additions ​ 445 ​ 182 ​ 913 ​ 381 Amortized to expense ​ (422) ​ (466) ​ (1,271) ​ (1,440) Change in valuation allowance ​ — ​ — ​ — ​ — Balance, end of period ​ $ 7,053 ​ $ 7,711 ​ $ 7,053 ​ $ 7,711
Schedule of activity in the valuation allowance for capitalized mortgage servicing rights	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning valuation allowance ​ $ — ​ $ — ​ $ — ​ $ — Charge during the period ​ — ​ — ​ — ​ — Ending valuation allowance ​ $ — ​ $ — ​ $ — ​ $ —
Other information relating to mortgage servicing rights	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (dollars in thousands) September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value of mortgage servicing rights portfolio ​ $ 15,753 ​ ​ $ 16,054 ​ ​ Monthly weighted average prepayment rate of unpaid principal balance* ​ 142 % ​ 128 % ​ Discount rate ​ ​ 10.05 % ​ ​ 10.26 % ​ Weighted average foreclosure rate ​ ​ 0.10 % ​ ​ 0.16 % ​ Weighted average life in years ​ 7.23 ​ ​ 7.52 ​ ​ * Rates are applied to individual tranches with similar characteristics.
Schedule of notional amounts and fair values of mortgage loans held for sale at fair value and mortgage banking derivatives	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2024 December 31, 2023 ​ ​ ​ Notional ​ ​ ​ ​ Notional ​ ​ ​ ​ (in thousands) ​ Amount Fair Value ​ Amount Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in Mortgage loans held for sale: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage loans held for sale, at fair value ​ $ 8,290 ​ $ 8,526 ​ $ 3,168 ​ $ 3,227 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Rate lock loan commitments ​ $ 23,386 ​ $ 535 ​ $ 9,275 ​ $ 243 ​ Mandatory forward contracts ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Included in other liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mandatory forward contracts ​ $ 25,939 ​ $ 113 ​ $ 9,092 ​ $ 61 ​ ​

INTEREST RATE SWAPS (Tables)

INTEREST RATE SWAPS (Tables)	9 Months Ended
	Sep. 30, 2024
Summary of net gains (losses) in OCI and the consolidated statements of income relating to the swaps	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ ​ September 30, ​ September 30, ​ ​ (in thousands) 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) recognized in OCI on derivative (effective portion) $ (3,134) $ — $ (3,580) $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) reclassified from OCI on derivative (effective portion) ​ ​ 289 ​ — ​ 380 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains (losses) recognized in income on derivative (ineffective portion) ​ ​ — ​ — ​ — ​ — ​ ​
FHLB Advances
Summary of interest rate swaps	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2024 ​ December 31, 2023 ​ ​ ​ ​ Notional ​ ​ ​ Notional ​ ​ (dollars in thousands) Bank Position Amount Fair Value Amount Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on FHLB advances - Liabilities Pay fixed/receive variable $ 100,000 $ (3,960) $ — $ — Total ​ ​ $ 100,000 ​ $ (3,960) ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2024 ​ December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ ​ ​ ​ Unrealized ​ ​ Notional ​ Pay ​ Receive ​ ​ ​ ​ ​ Assets / ​ Gain (Loss) ​ Assets / ​ Gain (Loss) (dollars in thousands) Amount Rate Rate Term ​ Bank Position (Liabilities) in AOCI (Liabilities) in AOCI ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on FHLB advances - Liabilities $ 100,000 4.14 % 1M SOFR 5/2024 - 6/2029 ​ Pay fixed/receive variable $ 100,000 $ (3,960) $ — $ — Total $ 100,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 100,000 ​ $ (3,960) ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on FHLB advances ​ $ (289) ​ $ — ​ $ (380) ​ $ — ​ Total interest (benefit) expense on swap transactions ​ $ (289) ​ $ — ​ $ (380) ​ $ — ​
Interest rate swap
Summary of interest rate swaps	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2024 ​ December 31, 2023 ​ ​ ​ ​ Notional ​ ​ ​ ​ Notional ​ ​ ​ (in thousands) Bank Position ​ Amount Fair Value Amount Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swaps with Bank clients - Assets Pay variable/receive fixed $ 156,162 ​ $ 5,803 $ 120,442 $ 4,066 Interest rate swaps with Bank clients - Liabilities Pay variable/receive fixed ​ 83,252 ​ (3,270) ​ 95,820 ​ ​ (4,867) Interest rate swaps with Bank clients - Total Pay variable/receive fixed $ 239,414 $ 2,533 $ 216,262 $ (801) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Offsetting interest rate swaps with institutional swap dealer - Assets ​ Pay fixed/receive variable ​ ​ 83,252 ​ ​ 3,270 ​ ​ 95,820 ​ ​ 4,867 Offsetting interest rate swaps with institutional swap dealer - Liabilities ​ Pay fixed/receive variable ​ ​ 156,162 ​ ​ (5,803) ​ ​ 120,442 ​ ​ (4,066) Offsetting interest rate swaps with institutional swap dealer - Total ​ Pay fixed/receive variable ​ $ 239,414 $ (2,533) $ 216,262 $ 801 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ $ 478,828 ​ $ — $ 432,524 ​ $ —

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share
Earnings per share and diluted earnings per share	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, Years Ended December 31, (in thousands, except per share data) 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 26,543 ​ $ 21,571 ​ $ 82,355 ​ $ 70,715 Dividends declared on Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ ​ (7,007) ​ ​ (6,456) ​ ​ (20,989) ​ ​ (19,574) Class B Shares ​ ​ (796) ​ ​ (733) ​ ​ (2,388) ​ ​ (2,200) Undistributed net income for basic earnings per share ​ ​ 18,740 ​ ​ 14,382 ​ ​ 58,978 ​ ​ 48,941 Weighted average potential dividends on Class A shares upon exercise of dilutive options ​ ​ (33) ​ ​ (25) ​ ​ (88) ​ ​ (62) Undistributed net income for diluted earnings per share ​ $ 18,707 ​ $ 14,357 ​ $ 58,890 ​ $ 48,879 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Shares ​ 17,504 ​ 17,549 ​ 17,487 ​ 17,697 Class B Shares ​ ​ 2,150 ​ ​ 2,157 ​ ​ 2,150 ​ ​ 2,158 Effect of dilutive securities on Class A Shares outstanding ​ 81 ​ 68 ​ 72 ​ 55 Weighted average shares outstanding including dilutive securities ​ 19,735 ​ 19,774 ​ 19,709 ​ 19,910 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.41 ​ $ 0.37 ​ $ 1.22 ​ $ 1.12 Undistributed earnings per share* ​ ​ 0.96 ​ ​ 0.74 ​ ​ 3.03 ​ ​ 2.49 Total basic earnings per share - Class A Common Stock ​ $ 1.37 ​ $ 1.11 ​ $ 4.25 ​ $ 3.61 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.37 ​ $ 0.34 ​ $ 1.11 ​ $ 1.02 Undistributed earnings per share* ​ ​ 0.88 ​ ​ 0.67 ​ ​ 2.76 ​ ​ 2.26 Total basic earnings per share - Class B Common Stock ​ $ 1.25 ​ $ 1.01 ​ $ 3.87 ​ $ 3.28 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.41 ​ $ 0.37 ​ $ 1.22 ​ $ 1.12 Undistributed earnings per share* ​ ​ 0.96 ​ ​ 0.73 ​ ​ 3.02 ​ ​ 2.48 Total diluted earnings per share - Class A Common Stock ​ $ 1.37 ​ $ 1.10 ​ $ 4.24 ​ $ 3.60 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B Common Stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per share dividends distributed ​ $ 0.37 ​ $ 0.34 ​ $ 1.11 ​ $ 1.02 Undistributed earnings per share* ​ ​ 0.87 ​ ​ 0.67 ​ ​ 2.74 ​ ​ 2.25 Total diluted earnings per share - Class B Common Stock ​ $ 1.24 ​ $ 1.01 ​ $ 3.85 ​ $ 3.27 * To arrive at undistributed earnings per share, undistributed net income is first prorated between Class A and Class B Common Shares, with Class A Common Shares receiving a 10% premium. The resulting pro-rated, undistributed net income for each class is then divided by the weighted average shares for each class. ​
Antidilutive stock options	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Antidilutive stock options — 121,781 22,388 ​ 193,398 ​ Average antidilutive stock options — 117,998 22,388 ​ 193,398 ​ ​

OTHER COMPREHENSIVE INCOME (Tab

OTHER COMPREHENSIVE INCOME (Tables)	9 Months Ended
	Sep. 30, 2024
OTHER COMPREHENSIVE INCOME
Summary of OCI components and related tax effects	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands) ​ 2024 2023 2024 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-Sale Debt Securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ 9,503 ​ $ 1,017 ​ $ 12,195 ​ $ 1,839 Net gains (losses) ​ 9,503 ​ 1,017 ​ 12,195 ​ 1,839 Income tax benefit (expense) related to items of other comprehensive income ​ (2,376) ​ (250) ​ (3,050) ​ (461) Net of tax ​ 7,127 ​ 767 ​ $ 9,145 ​ $ 1,378 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Derivatives: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in fair value of derivatives ​ (3,134) ​ — ​ (3,580) ​ — Reclassification amount for net derivative losses realized in income ​ (289) ​ — ​ (380) ​ — Net gains (losses) ​ (3,423) ​ — ​ (3,960) ​ — Tax effect ​ 856 ​ — ​ 990 ​ — Net of tax ​ (2,567) ​ — ​ (2,970) ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total other comprehensive (loss) income components, net of tax ​ $ 4,560 ​ $ 767 ​ $ 6,175 ​ $ 1,378
Summary of the AOCI balances, net of tax	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2024 ​ ​ (in thousands) ​ December 31, 2023 ​ Change ​ September 30, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ (20,408) ​ $ 9,145 ​ $ (11,263) Unrealized gain (loss) on derivatives ​ — ​ (2,970) ​ (2,970) Total unrealized gain (loss) ​ $ (20,408) ​ $ 6,175 ​ $ (14,233) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ ​ (in thousands) ​ December 31, 2022 ​ Change ​ September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized gain (loss) on AFS debt securities ​ $ (31,979) ​ $ 1,378 ​ $ (30,601) Unrealized gain (loss) on derivatives ​ ​ — ​ ​ — ​ ​ — Total unrealized gain (loss) ​ $ (31,979) ​ $ 1,378 ​ $ (30,601) ​

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	9 Months Ended
	Sep. 30, 2024
REVENUE FROM CONTRACTS WITH CUSTOMERS
Schedule of net revenues by reportable segments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2024 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income (1) ​ $ 51,023 ​ $ 3,580 ​ $ 54,603 ​ ​ $ 440 ​ $ 2,783 ​ $ 13,479 ​ ​ $ 16,702 ​ ​ ​ $ 71,305 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 3,676 ​ ​ 16 ​ ​ ​ 3,692 ​ ​ ​ — ​ ​ — ​ ​ 1 ​ ​ ​ 1 ​ ​ ​ ​ 3,693 ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 582 ​ — ​ — ​ ​ 582 ​ ​ ​ 582 ​ Mortgage banking income (1) ​ 2,062 ​ — ​ ​ 2,062 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 2,062 ​ Interchange fee income ​ ​ 3,267 ​ ​ — ​ ​ ​ 3,267 ​ ​ ​ 19 ​ ​ — ​ ​ — ​ ​ ​ 19 ​ ​ ​ ​ 3,286 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 786 ​ ​ 4,176 ​ ​ ​ 4,962 ​ ​ ​ ​ 4,962 ​ Increase in cash surrender value of BOLI (1) ​ ​ 826 ​ ​ — ​ ​ ​ 826 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 826 ​ Net losses on OREO ​ ​ (53) ​ ​ — ​ ​ ​ (53) ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (53) ​ Other ​ 1,300 ​ — ​ ​ 1,300 ​ ​ 8 ​ 147 ​ — ​ ​ 155 ​ ​ ​ 1,455 ​ Total noninterest income ​ 11,078 ​ 16 ​ ​ 11,094 ​ ​ 609 ​ 933 ​ 4,177 ​ ​ 5,719 ​ ​ ​ 16,813 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 62,101 ​ $ 3,596 ​ ​ $ 65,697 ​ ​ $ 1,049 ​ $ 3,716 ​ $ 17,656 ​ ​ $ 22,421 ​ ​ ​ $ 88,118 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 71 % ​ 4 % ​ ​ 75 % ​ ​ 1 % ​ 4 % ​ 20 % ​ ​ 25 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2023 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income (1) ​ $ 47,493 ​ $ 2,467 ​ $ 49,960 ​ ​ $ 401 ​ $ 4,124 ​ $ 10,340 ​ ​ $ 14,865 ​ ​ ​ $ 64,825 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 3,547 ​ ​ 11 ​ ​ ​ 3,558 ​ ​ ​ — ​ ​ — ​ ​ 1 ​ ​ ​ 1 ​ ​ ​ ​ 3,559 ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 242 ​ — ​ — ​ ​ 242 ​ ​ ​ 242 ​ Mortgage banking income (1) ​ 852 ​ — ​ ​ 852 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 852 ​ Interchange fee income ​ ​ 3,258 ​ ​ — ​ ​ ​ 3,258 ​ ​ ​ 22 ​ ​ 1 ​ ​ 1 ​ ​ ​ 24 ​ ​ ​ ​ 3,282 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 705 ​ ​ 3,336 ​ ​ ​ 4,041 ​ ​ ​ ​ 4,041 ​ Increase in cash surrender value of BOLI (1) ​ ​ 690 ​ ​ — ​ ​ ​ 690 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 690 ​ Net losses on OREO ​ ​ (53) ​ ​ — ​ ​ ​ (53) ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (53) ​ Death benefits in excess of cash surrender value of life insurance ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ — ​ Other ​ 1,647 ​ — ​ ​ 1,647 ​ ​ 50 ​ 9 ​ 26 ​ ​ 85 ​ ​ ​ 1,732 ​ Total noninterest income ​ 9,941 ​ 11 ​ ​ 9,952 ​ ​ 314 ​ 715 ​ 3,364 ​ ​ 4,393 ​ ​ ​ 14,345 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 57,434 ​ $ 2,478 ​ ​ $ 59,912 ​ ​ $ 715 ​ $ 4,839 ​ $ 13,704 ​ ​ $ 19,258 ​ ​ ​ $ 79,170 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 73 % ​ 3 % ​ ​ 76 % ​ ​ 1 % ​ 6 % ​ 17 % ​ ​ 24 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2024 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income (1) ​ $ 149,197 ​ $ 8,751 ​ $ 157,948 ​ ​ $ 32,173 ​ $ 9,221 ​ $ 37,418 ​ ​ $ 78,812 ​ ​ ​ $ 236,760 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 10,488 ​ ​ 42 ​ ​ ​ 10,530 ​ ​ ​ — ​ ​ — ​ ​ 2 ​ ​ ​ 2 ​ ​ ​ ​ 10,532 ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 15,213 ​ — ​ — ​ ​ 15,213 ​ ​ ​ 15,213 ​ Mortgage banking income (1) ​ 3,984 ​ — ​ ​ 3,984 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 3,984 ​ Interchange fee income ​ ​ 9,697 ​ ​ — ​ ​ ​ 9,697 ​ ​ ​ 94 ​ ​ 2 ​ ​ 1 ​ ​ ​ 97 ​ ​ ​ ​ 9,794 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 2,319 ​ ​ 11,220 ​ ​ ​ 13,539 ​ ​ ​ ​ 13,539 ​ Increase in cash surrender value of BOLI (1) ​ ​ 2,372 ​ ​ — ​ ​ ​ 2,372 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 2,372 ​ Net losses on OREO ​ ​ (154) ​ ​ — ​ ​ ​ (154) ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (154) ​ Other ​ 3,034 ​ — ​ ​ 3,034 ​ ​ 71 ​ 147 ​ — ​ ​ 218 ​ ​ ​ 3,252 ​ Total noninterest income ​ 29,421 ​ 42 ​ ​ 29,463 ​ ​ 15,378 ​ 2,468 ​ 11,223 ​ ​ 29,069 ​ ​ ​ 58,532 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 178,618 ​ $ 8,793 ​ ​ $ 187,411 ​ ​ $ 47,551 ​ $ 11,689 ​ $ 48,641 ​ ​ $ 107,881 ​ ​ ​ $ 295,292 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 61 % ​ 3 % ​ ​ 64 % ​ ​ 16 % ​ 4 % ​ 16 % ​ ​ 36 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income (1) ​ $ 146,404 ​ $ 7,196 ​ $ 153,600 ​ ​ $ 28,778 ​ $ 11,522 ​ $ 28,096 ​ ​ $ 68,396 ​ ​ ​ $ 221,996 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Noninterest income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ ​ 10,351 ​ ​ 33 ​ ​ ​ 10,384 ​ ​ ​ — ​ ​ — ​ ​ 1 ​ ​ ​ 1 ​ ​ ​ ​ 10,385 ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 15,528 ​ — ​ — ​ ​ 15,528 ​ ​ ​ 15,528 ​ Mortgage banking income (1) ​ 2,559 ​ — ​ ​ 2,559 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 2,559 ​ Interchange fee income ​ ​ 9,639 ​ ​ — ​ ​ ​ 9,639 ​ ​ ​ 109 ​ ​ 3 ​ ​ 1 ​ ​ ​ 113 ​ ​ ​ ​ 9,752 ​ Program fees (1) ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 2,140 ​ ​ 8,881 ​ ​ ​ 11,021 ​ ​ ​ ​ 11,021 ​ Increase in cash surrender value of BOLI (1) ​ ​ 2,014 ​ ​ — ​ ​ ​ 2,014 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 2,014 ​ Net losses on OREO ​ ​ (158) ​ ​ — ​ ​ ​ (158) ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ (158) ​ Death benefits in excess of cash surrender value of life insurance ​ ​ 1,728 ​ ​ — ​ ​ ​ 1,728 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 1,728 ​ Other ​ 3,543 ​ — ​ ​ 3,543 ​ ​ 205 ​ 9 ​ 91 ​ ​ 305 ​ ​ ​ 3,848 ​ Total noninterest income ​ 29,676 ​ 33 ​ ​ 29,709 ​ ​ 15,842 ​ 2,152 ​ 8,974 ​ ​ 26,968 ​ ​ ​ 56,677 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net revenue ​ $ 176,080 ​ $ 7,229 ​ ​ $ 183,309 ​ ​ $ 44,620 ​ $ 13,674 ​ $ 37,070 ​ ​ $ 95,364 ​ ​ ​ $ 278,673 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration (2) ​ ​ 63 % ​ 3 % ​ ​ 66 % ​ ​ 16 % ​ 5 % ​ 13 % ​ ​ 34 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) This revenue is not subject to ASC 606. (2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2024
SEGMENT INFORMATION
Schedule of segment information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2024 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income ​ $ 51,023 ​ $ 3,580 ​ $ 54,603 ​ ​ $ 440 ​ $ 2,783 ​ $ 13,479 ​ ​ $ 16,702 ​ ​ ​ $ 71,305 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 1,489 ​ 116 ​ ​ 1,605 ​ ​ (2,310) ​ — ​ 6,365 ​ ​ 4,055 ​ ​ ​ 5,660 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 582 ​ — ​ — ​ ​ 582 ​ ​ ​ 582 ​ Mortgage banking income ​ 2,062 ​ — ​ ​ 2,062 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 2,062 ​ Program fees ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 786 ​ ​ 4,176 ​ ​ ​ 4,962 ​ ​ ​ ​ 4,962 ​ Other noninterest income ​ 9,016 ​ 16 ​ ​ 9,032 ​ ​ 27 ​ 147 ​ 1 ​ ​ 175 ​ ​ ​ 9,207 ​ Total noninterest income ​ 11,078 ​ 16 ​ ​ 11,094 ​ ​ 609 ​ 933 ​ 4,177 ​ ​ 5,719 ​ ​ ​ 16,813 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 41,266 ​ 889 ​ ​ 42,155 ​ ​ 2,251 ​ 947 ​ 3,256 ​ ​ 6,454 ​ ​ ​ 48,609 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income tax expense ​ 19,346 ​ 2,591 ​ ​ 21,937 ​ ​ 1,108 ​ 2,769 ​ 8,035 ​ ​ 11,912 ​ ​ ​ 33,849 ​ Income tax expense (benefit) ​ ​ 4,189 ​ ​ 584 ​ ​ ​ 4,773 ​ ​ ​ 189 ​ ​ 595 ​ ​ 1,749 ​ ​ ​ 2,533 ​ ​ ​ ​ 7,306 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ Net income (loss) ​ $ 15,157 ​ $ 2,007 ​ ​ $ 17,164 ​ ​ $ 919 ​ $ 2,174 ​ $ 6,286 ​ ​ $ 9,379 ​ ​ ​ $ 26,543 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 5,559,357 ​ $ 595,624 ​ ​ $ 6,154,981 ​ ​ $ 26,503 ​ $ 367,857 ​ $ 143,129 ​ ​ $ 537,489 ​ ​ ​ $ 6,692,470 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.61 % 2.70 % ​ 3.53 % ​ NM ​ 4.91 % NM ​ ​ NM ​ ​ ​ 4.49 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 71 % ​ 4 % ​ ​ 75 % ​ ​ 1 % ​ 4 % ​ 20 % ​ ​ 25 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2023 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income ​ $ 47,493 ​ $ 2,467 ​ ​ $ 49,960 ​ ​ $ 401 ​ $ 4,124 ​ $ 10,340 ​ ​ $ 14,865 ​ ​ ​ $ 64,825 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 1,567 ​ (203) ​ ​ 1,364 ​ ​ (1,967) ​ — ​ 4,333 ​ ​ 2,366 ​ ​ ​ 3,730 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 242 ​ — ​ — ​ ​ 242 ​ ​ ​ 242 ​ Mortgage banking income ​ 852 ​ — ​ ​ 852 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 852 ​ Program fees ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 705 ​ ​ 3,336 ​ ​ ​ 4,041 ​ ​ ​ ​ 4,041 ​ Death benefits in excess of cash surrender value of life insurance ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ — ​ Other noninterest income ​ 9,089 ​ 11 ​ ​ 9,100 ​ ​ 72 ​ 10 ​ 28 ​ ​ 110 ​ ​ ​ 9,210 ​ Total noninterest income ​ 9,941 ​ 11 ​ ​ 9,952 ​ ​ 314 ​ 715 ​ 3,364 ​ ​ 4,393 ​ ​ ​ 14,345 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 41,500 ​ 640 ​ ​ 42,140 ​ ​ 2,242 ​ 874 ​ 3,112 ​ ​ 6,228 ​ ​ ​ 48,368 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 14,367 ​ 2,041 ​ ​ 16,408 ​ ​ 440 ​ 3,965 ​ 6,259 ​ ​ 10,664 ​ ​ ​ 27,072 ​ Income tax expense ​ 2,757 ​ 456 ​ ​ 3,213 ​ ​ 22 ​ 874 ​ 1,392 ​ ​ 2,288 ​ ​ ​ 5,501 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 11,610 ​ $ 1,585 ​ ​ $ 13,195 ​ ​ $ 418 ​ $ 3,091 ​ $ 4,867 ​ ​ $ 8,376 ​ ​ ​ $ 21,571 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 5,390,105 ​ $ 458,542 ​ ​ $ 5,848,647 ​ ​ $ 32,747 ​ $ 370,986 ​ $ 134,095 ​ ​ $ 537,828 ​ ​ ​ $ 6,386,475 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.52 % 2.33 % ​ 3.43 % ​ NM ​ 4.97 % NM ​ ​ NM ​ ​ ​ 4.35 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 73 % ​ 3 % ​ ​ 76 % ​ ​ 1 % ​ 6 % ​ 17 % ​ ​ 24 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2024 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income ​ $ 149,197 ​ $ 8,751 ​ ​ $ 157,948 ​ ​ $ 32,173 ​ $ 9,221 ​ $ 37,418 ​ ​ $ 78,812 ​ ​ ​ $ 236,760 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 2,762 ​ 639 ​ ​ 3,401 ​ ​ 22,282 ​ — ​ 15,742 ​ ​ 38,024 ​ ​ ​ 41,425 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 15,213 ​ — ​ — ​ ​ 15,213 ​ ​ ​ 15,213 ​ Mortgage banking income ​ 3,984 ​ — ​ ​ 3,984 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 3,984 ​ Program fees ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 2,319 ​ ​ 11,220 ​ ​ ​ 13,539 ​ ​ ​ ​ 13,539 ​ Other noninterest income ​ 25,437 ​ 42 ​ ​ 25,479 ​ ​ 165 ​ 149 ​ 3 ​ ​ 317 ​ ​ ​ 25,796 ​ Total noninterest income ​ 29,421 ​ 42 ​ ​ 29,463 ​ ​ 15,378 ​ 2,468 ​ 11,223 ​ ​ 29,069 ​ ​ ​ 58,532 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 124,372 ​ 2,694 ​ ​ 127,066 ​ ​ 8,787 ​ 2,919 ​ 10,442 ​ ​ 22,148 ​ ​ ​ 149,214 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income tax expense ​ 51,484 ​ 5,460 ​ ​ 56,944 ​ ​ 16,482 ​ 8,770 ​ 22,457 ​ ​ 47,709 ​ ​ ​ 104,653 ​ Income tax expense (benefit) ​ ​ 10,417 ​ ​ 1,231 ​ ​ ​ 11,648 ​ ​ ​ 3,699 ​ ​ 1,930 ​ ​ 5,021 ​ ​ ​ 10,650 ​ ​ ​ ​ 22,298 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) ​ $ 41,067 ​ $ 4,229 ​ ​ $ 45,296 ​ ​ $ 12,783 ​ $ 6,840 ​ $ 17,436 ​ ​ $ 37,059 ​ ​ ​ $ 82,355 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 5,559,357 ​ $ 595,624 ​ ​ $ 6,154,981 ​ ​ $ 26,503 ​ $ 367,857 ​ $ 143,129 ​ ​ $ 537,489 ​ ​ ​ $ 6,692,470 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.49 % 2.64 % ​ 3.43 % ​ NM ​ 5.01 % NM ​ ​ NM ​ ​ ​ 4.92 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 61 % ​ 3 % ​ ​ 64 % ​ ​ 16 % ​ 4 % ​ 16 % ​ ​ 36 % ​ ​ ​ 100 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ Core Banking ​ ​ Republic Processing Group ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Tax ​ Republic ​ Republic ​ ​ ​ ​ ​ ​ ​ ​ Traditional ​ Warehouse ​ ​ Core ​ ​ Refund ​ Payment ​ Credit ​ ​ Total ​ ​ ​ Total (dollars in thousands) ​ Banking ​ Lending ​ ​ Banking ​ ​ Solutions ​ Solutions ​ Solutions ​ ​ RPG ​ ​ ​ Company ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest income ​ $ 146,404 ​ $ 7,196 ​ ​ $ 153,600 ​ ​ $ 28,778 ​ $ 11,522 ​ $ 28,096 ​ ​ $ 68,396 ​ ​ ​ $ 221,996 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision for expected credit loss expense ​ 6,411 ​ 134 ​ ​ 6,545 ​ ​ 19,622 ​ — ​ 10,468 ​ ​ 30,090 ​ ​ ​ 36,635 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net refund transfer fees ​ — ​ — ​ ​ — ​ ​ 15,528 ​ — ​ — ​ ​ 15,528 ​ ​ ​ 15,528 ​ Mortgage banking income ​ 2,559 ​ — ​ ​ 2,559 ​ ​ — ​ — ​ — ​ ​ — ​ ​ ​ 2,559 ​ Program fees ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ — ​ ​ 2,140 ​ ​ 8,881 ​ ​ ​ 11,021 ​ ​ ​ ​ 11,021 ​ Death benefits in excess of cash surrender value of life insurance ​ ​ 1,728 ​ ​ — ​ ​ ​ 1,728 ​ ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ — ​ ​ ​ ​ 1,728 ​ Other noninterest income ​ 25,389 ​ 33 ​ ​ 25,422 ​ ​ 314 ​ 12 ​ 93 ​ ​ 419 ​ ​ ​ 25,841 ​ Total noninterest income ​ 29,676 ​ 33 ​ ​ 29,709 ​ ​ 15,842 ​ 2,152 ​ 8,974 ​ ​ 26,968 ​ ​ ​ 56,677 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total noninterest expense ​ 129,381 ​ 2,616 ​ ​ 131,997 ​ ​ 9,184 ​ 2,723 ​ 8,440 ​ ​ 20,347 ​ ​ ​ 152,344 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income before income tax expense ​ 40,288 ​ 4,479 ​ ​ 44,767 ​ ​ 15,814 ​ 10,951 ​ 18,162 ​ ​ 44,927 ​ ​ ​ 89,694 ​ Income tax expense ​ 8,119 ​ 1,001 ​ ​ 9,120 ​ ​ 3,401 ​ 2,427 ​ 4,031 ​ ​ 9,859 ​ ​ ​ 18,979 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 32,169 ​ $ 3,478 ​ ​ $ 35,647 ​ ​ $ 12,413 ​ $ 8,524 ​ $ 14,131 ​ ​ $ 35,068 ​ ​ ​ $ 70,715 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period-end assets ​ $ 5,390,105 ​ $ 458,542 ​ ​ $ 5,848,647 ​ ​ $ 32,747 ​ $ 370,986 ​ $ 134,095 ​ ​ $ 537,828 ​ ​ ​ $ 6,386,475 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net interest margin ​ 3.78 % 2.37 % ​ 3.68 % ​ NM ​ 4.43 % NM ​ ​ NM ​ ​ ​ 5.09 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net-revenue concentration* ​ ​ 63 % ​ 3 % ​ ​ 66 % ​ ​ 16 % ​ 5 % ​ 13 % ​ ​ 34 % ​ ​ ​ 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.

LOW INCOME HOUSING TAX CREDIT_2

LOW INCOME HOUSING TAX CREDIT INVESTMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
LOW-INCOME HOUSING TAX CREDIT INVESTMENTS
Schedule of low-income housing tax investments and obligations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ September 30, 2024 December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Unfunded ​ ​ ​ ​ ​ Unfunded Investment Accounting Method ​ ​ Investments ​ ​ Obligations ​ ​ Investments ​ ​ Obligations Low-income housing tax credit - Gross Proportional amortization ​ $ 67,614 ​ $ 59,598 ​ $ 57,596 ​ $ 58,619 Life-to-date amortization ​ ​ ​ (20,699) ​ ​ NA ​ ​ (15,904) ​ ​ NA Low-income housing tax credit - Net ​ ​ $ 46,915 ​ $ 59,598 ​ $ 41,692 ​ $ 58,619
Schedule of amortization expense and tax credits recognized for low-income housing tax investments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, Nine Months Ended September 30, ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ ​ ​ 2024 ​ ​ 2023 ​ ​ 2024 ​ ​ 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization expense ​ ​ $ 1,616 ​ $ 1,407 ​ $ 4,795 ​ $ 4,305 Tax credits recognized ​ ​ ​ (2,363) ​ ​ (2,027) ​ ​ (7,215) ​ ​ (5,860) ​

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - OPERATIONS (Details)	9 Months Ended
	Sep. 30, 2024 item segment
Basis of Presentation
Number of reportable segments | segment	5
Number of banking centers	47
KENTUCKY
Basis of Presentation
Number of banking centers	29
Metropolitan Louisville
Basis of Presentation
Number of banking centers	19
Central Kentucky
Basis of Presentation
Number of banking centers	6
Georgetown
Basis of Presentation
Number of banking centers	1
Lexington
Basis of Presentation
Number of banking centers	5
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	4
Metropolitan Nashville, Tennessee
Basis of Presentation
Number of banking centers	4
Core Banking Activities
Basis of Presentation
Number of reportable segments | segment	2
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	3

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - SEGMENTS (Details)	1 Months Ended	2 Months Ended		3 Months Ended		9 Months Ended
	Dec. 31, 2023 USD ($)	Feb. 29, 2024	Feb. 28, 2023	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Sep. 30, 2024 USD ($) item
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 - Third party relationship two (as a percent)						90%
Loan held-for-sale term						3 days
Interest retained - Third party relationship one (as a percent)						10%
Percentage of ownership maintained with each borrower (as percentage)						100%
Republic Credit Solutions | LOC II
Basis of Presentation
Loan held-for-sale term						3 days
Percentage of ownership maintained with each borrower (as percentage)						100%
Percentage of loan receivable held for sale (as a percent)						95%
Interest retained (as a percent)						5%
Republic Credit Solutions | Installment loan | Minimum
Basis of Presentation
Loan held-for-sale term						12 months
Republic Credit Solutions | Installment loan | Maximum
Basis of Presentation
Loan held-for-sale term						60 months
Term for intent to sell loans						16 days
Republic Credit Solutions | Healthcare receivables
Basis of Presentation
Percentage of loan receivable held for sale - Third party relationship two (as a percent)						100%
Interest retained - Third party relationship one (as a percent)						100%
Percentage of loan receivable held for sale (as a percent)						100%
Number of third party relationship | item						3
Interest retained - Third party relationship two (as a percent)						100%
Tax Refund Solutions | Refund Advances
Basis of Presentation
Amount of credit risk associated with refund transfers						$ 0
Period Refund Advance tax credit product offered		2 months	2 months
Advance amount per customer				$ 6,500	$ 6,500
Tax Refund Solutions | ERA Product
Basis of Presentation
Early Season Refund Advances originated related to the first quarter tax season in the subsequent year	$ 103,000,000
Advance amount per customer						$ 1,000
EA's repayment term						32 days
Maximum repayment period before Easy Advances considered delinquent						35 days

ACQUISITION OF CBANK (Details)

ACQUISITION OF CBANK (Details) $ in Thousands	Mar. 15, 2023 USD ($)
CBank
Acquisition
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	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents		$ 530,865		$ 316,567
Loans (loans carried at fair value of $0 in 2024 and $0 in 2023)		5,296,917		5,239,861
Allowance for credit losses		(82,158)	$ (80,687)	(82,130)	$ (74,576)	$ (72,202)	$ (70,413)
Loans, net		5,214,759		5,157,731
Goodwill		40,516		40,516
Premises and equipment, net		33,007		33,411
Other assets and accrued interest receivable		193,474		187,810
TOTAL ASSETS		6,692,470		6,594,891	$ 6,386,475
Deposits:
Noninterest-bearing		1,260,086		1,676,998
Interest-bearing		3,841,610		3,376,165
Total deposits		5,101,696		5,053,163
Other liabilities and accrued interest payable		124,889		115,815
Total liabilities		5,712,765		5,682,135
Assets acquired:
Goodwill		40,516		40,516
Liabilities assumed:
Goodwill		$ 40,516		$ 40,516
CBank
ASSETS
Cash and cash equivalents	$ 10,030
Investment securities	16,463
Loans (loans carried at fair value of $0 in 2024 and $0 in 2023)	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
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 | 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 | 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	Sep. 30, 2024	Dec. 31, 2023
Available-for-Sale Debt Securities
Amortized Cost	$ 481,933	$ 618,525
Gross Unrealized Gains	2,050	1,868
Gross Unrealized Losses	(17,067)	(29,080)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	466,916	591,313
U.S. Treasury securities and U.S. Government agencies
Available-for-Sale Debt Securities
Amortized Cost	311,140	421,576
Gross Unrealized Gains	31
Gross Unrealized Losses	(6,774)	(14,543)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	304,397	407,033
Private label mortgage backed security
Available-for-Sale Debt Securities
Amortized Cost	233	443
Gross Unrealized Gains	1,432	1,330
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	1,665	1,773
Mortgage Backed securities
Available-for-Sale Debt Securities
Amortized Cost	143,903	167,996
Gross Unrealized Gains	361	176
Gross Unrealized Losses	(9,601)	(13,462)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	134,663	154,710
Collateralized mortgage obligations
Available-for-Sale Debt Securities
Amortized Cost	20,804	22,698
Gross Unrealized Gains	44	36
Gross Unrealized Losses	(692)	(1,075)
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	20,156	21,659
Corporate bonds
Available-for-Sale Debt Securities
Amortized Cost	2,007	2,012
Gross Unrealized Gains	5	8
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	2,012	2,020
Trust preferred security
Available-for-Sale Debt Securities
Amortized Cost	3,846	3,800
Gross Unrealized Gains	177	318
Allowance for Credit Losses	0	0
Total available-for-sale debt securities	$ 4,023	$ 4,118

INVESTMENT SECURITIES - HTM (De

INVESTMENT SECURITIES - HTM (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Held-to-Maturity Debt Securities
Amortized Cost	$ 10,914		$ 76,397
Gross Unrecognized Gains	50		54
Gross Unrecognized Losses	(82)		(284)
Fair Value	10,882		76,167
Allowance for credit losses	(5)		(10)
U.S. Treasury securities and U.S. Government agencies
Held-to-Maturity Debt Securities
Amortized Cost			65,000
Gross Unrecognized Losses			(163)
Fair Value			64,837
Mortgage-backed securities - residential
Held-to-Maturity Debt Securities
Amortized Cost	23		25
Gross Unrecognized Gains	1
Fair Value	24		25
Collateralized mortgage obligations
Held-to-Maturity Debt Securities
Amortized Cost	5,896		6,386
Gross Unrecognized Gains	45		48
Gross Unrecognized Losses	(82)		(121)
Fair Value	5,859		6,313
Corporate bonds
Held-to-Maturity Debt Securities
Amortized Cost	4,995		4,986
Gross Unrecognized Gains	4		6
Fair Value	4,999		4,992
Allowance for credit losses	$ (5)	$ (4)	$ (10)	$ (10)	$ (10)	$ (10)

INVESTMENT SECURITIES - SALES A

INVESTMENT SECURITIES - SALES AND CALLS OF AFS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
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	Sep. 30, 2024	Dec. 31, 2023
Securities available for Sale - Amortized Cost
Due in one year or less	$ 166,174
Due from one year to five years	131,973
Due from five years to ten years	15,000
Due beyond ten years	3,846
Amortized Cost	481,933	$ 618,525
Securities available for Sale - Fair Value
Due in one year or less	163,666
Due from one year to five years	127,738
Due from five years to ten years	15,005
Due beyond ten years	4,023
Total securities	466,916	591,313
Securities held to maturity - Amortized Cost
Due from one year to five years	4,996
Total securities	10,914	76,397
Securities held to maturity - Fair Value
Due from one year to five years	4,999
Fair Value	10,882	76,167
Private label mortgage backed security
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	233
Amortized Cost	233	443
Securities available for Sale - Fair Value
Securities not due at a single maturity date	1,665
Total securities	1,665	1,773
Mortgage-backed securities - residential
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	143,903
Amortized Cost	143,903	167,996
Securities available for Sale - Fair Value
Securities not due at a single maturity date	134,663
Total securities	134,663	154,710
Securities held to maturity - Amortized Cost
Total securities	23	25
Securities held to maturity - Fair Value
Securities not due at a single maturity date	24
Fair Value	24	25
Securities not due at a single maturity date	23
Collateralized mortgage obligations
Securities available for Sale - Amortized Cost
Securities not due at a single maturity date	20,804
Amortized Cost	20,804	22,698
Securities available for Sale - Fair Value
Securities not due at a single maturity date	20,156
Total securities	20,156	21,659
Securities held to maturity - Amortized Cost
Total securities	5,896	6,386
Securities held to maturity - Fair Value
Securities not due at a single maturity date	5,859
Fair Value	5,859	$ 6,313
Securities not due at a single maturity date	$ 5,895

INVESTMENT SECURITIES - INVESTM

INVESTMENT SECURITIES - INVESTMENT CATEGORY (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Available-for-sale debt securities
Less than 12 months Fair Value	$ 79,787	$ 30,286
Less than 12 months Unrealized Losses	(4,943)	(159)
12 months or more Fair Value	279,388	533,745
12 months or more Unrealized Losses	(12,124)	(28,921)
Total Fair Value	359,175	564,031
Total Unrealized Losses	$ (17,067)	$ (29,080)
Number of securities held	174	191
Number of securities held in an unrealized loss position	92	144
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	$ 49,622	$ 26,707
Less than 12 months Unrealized Losses	(1,231)	(84)
12 months or more Fair Value	179,801	380,326
12 months or more Unrealized Losses	(5,543)	(14,459)
Total Fair Value	229,423	407,033
Total Unrealized Losses	(6,774)	(14,543)
Mortgage-backed securities - residential
Available-for-sale debt securities
Less than 12 months Fair Value	29,809	1,911
Less than 12 months Unrealized Losses	(3,709)	(23)
12 months or more Fair Value	83,205	136,180
12 months or more Unrealized Losses	(5,892)	(13,439)
Total Fair Value	113,014	138,091
Total Unrealized Losses	(9,601)	(13,462)
Collateralized mortgage obligations
Available-for-sale debt securities
Less than 12 months Fair Value	356	1,668
Less than 12 months Unrealized Losses	(3)	(52)
12 months or more Fair Value	16,382	17,239
12 months or more Unrealized Losses	(689)	(1,023)
Total Fair Value	16,738	18,907
Total Unrealized Losses	$ (692)	$ (1,075)

INVESTMENT SECURITIES - PRIVATE

INVESTMENT SECURITIES - PRIVATE LABEL MORTGAGE-BACKED SECURITY (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Marketable Securities [Line Items]
Number of securities held	174	191
Private label mortgage backed security
Marketable Securities [Line Items]
Number of securities held	1
Securities	$ 1,665

INVESTMENT SECURITIES - CORPORA

INVESTMENT SECURITIES - CORPORATE BONDS AND MORTGAGE BACKED SECURITIES (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Private label mortgage backed security
Marketable Securities [Line Items]
Securities	$ 1,665
Mortgage backed securities and CMOs
Marketable Securities [Line Items]
Gross unrealized losses on available for sale securities	$ 10,300	$ 14,500

INVESTMENT SECURITIES - ACLS RO

INVESTMENT SECURITIES - ACLS ROLLFORWARD (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Marketable Securities [Line Items]
Beginning Balance - AFS			$ 0
Beginning Balance - HTM			10
Balance - Total	$ 4	$ 10	10	$ 10
Provision - Total	1		(5)	0
Ending Balance - AFS	0		0
Ending Balance - HTM	5		5
Balance - Total	5	10	5	10
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			0
Beginning Balance - HTM	4	10	10	10
Provision - AFS		0		0
Provision - HTM	1		(5)	0
Ending Balance - AFS	0		0
Ending Balance - HTM	$ 5	$ 10	$ 5	$ 10

INVESTMENT SECURITIES - ACCRUED

INVESTMENT SECURITIES - ACCRUED INTEREST (Details) - Other Assets - USD ($)	Sep. 30, 2024	Dec. 31, 2023
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	$ 68,000	$ 384,000

INVESTMENT SECURITIES - PLEDGED

INVESTMENT SECURITIES - PLEDGED DEBT SECURITIES (Details) - Asset Pledged as Collateral - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Investment Securities
Amortized Cost	$ 82,037	$ 106,169
Reported Value Measurement [Member]
Investment Securities
Fair value	80,903	99,530
Estimate of Fair Value Measurement [Member]
Investment Securities
Fair value	$ 80,903	$ 99,530

INVESTMENT SECURITIES - EQUITY

INVESTMENT SECURITIES - EQUITY SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Equity securities
Gross Unrealized Gains			$ 239		$ 174
Fair Value	$ 239		239		174
Gains (Losses) Recognized on Equity securities, Unrealized	42	$ 16	65	$ 26
Gains (Losses) Recognized on Equity securities, Total	42	16	65	26
Freddie Mac preferred stock
Equity securities
Gross Unrealized Gains			239		174
Fair Value	239		239		$ 174
Gains (Losses) Recognized on Equity securities, Unrealized	42	16	65	26
Gains (Losses) Recognized on Equity securities, Total	$ 42	$ 16	$ 65	$ 26

LOANS HELD FOR SALE - CONSUMER

LOANS HELD FOR SALE - CONSUMER LOANS - HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Consumer Loans Held For Sale At Fair Value [RollForward]
Balance, beginning of period	$ 8,341	$ 5,757	$ 7,914	$ 4,706
Origination of consumer loans held for sale	43,268	34,280	120,668	87,224
Proceeds from the sale of consumer loans held for sale	(46,704)	(32,545)	(125,795)	(85,994)
Net gain on sale of consumer loans held for sale	1,175	951	3,293	2,507
Balance, end of period	$ 6,080	$ 8,443	$ 6,080	$ 8,443

LOANS HELD FOR SALE - CONSUME_2

LOANS HELD FOR SALE - CONSUMER LOANS - LOWER COST (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Carried at lower of cost or fair value
Balance, beginning of period	$ 23,860	$ 15,787	$ 16,094	$ 13,169
Origination of consumer loans held for sale	307,145	252,808	820,233	669,490
Proceeds from the sale of consumer loans held for sale	(314,206)	(257,452)	(824,454)	(675,503)
Net gain on sale of consumer loans held for sale	3,002	2,386	7,928	6,373
Balance, end of period	$ 19,801	$ 13,529	$ 19,801	$ 13,529
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 | Minimum
Loans held for sale
Loan held-for-sale term	12 months		12 months
Republic Credit Solutions | Installment loan | Maximum
Loans held for sale
Loan held-for-sale term	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	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Loans disclosures
Lease financing receivables	$ 89,653	$ 88,591
Total loans	5,296,917	5,239,861
Allowance for credit losses	(82,158)	(82,130)	$ (80,687)	$ (74,576)	$ (72,202)	$ (70,413)
Loans, net	5,214,759	5,157,731
Core Banking Activities
Loans disclosures
Total loans	5,162,059	4,958,292
Allowance for credit losses	(61,035)	(59,845)	(61,235)	(58,074)	(56,913)	(51,718)
Traditional Banking
Loans disclosures
Lease financing receivables	89,653	88,591
Total loans	4,566,896	4,618,569
Allowance for credit losses	(59,549)	(58,998)	$ (59,865)	$ (56,931)	$ (55,567)	$ (50,709)
Republic Processing Group
Loans disclosures
Total loans	134,858	281,569
Residential real estate | Residential Real Estate - Owner Occupied
Loans disclosures
Total loans	1,046,385	1,144,684
Residential real estate | Residential Real Estate - Owner Occupied | Traditional Banking
Loans disclosures
Total loans	1,046,385	1,144,684
Residential real estate | Residential Real Estate - Non Owner Occupied
Loans disclosures
Total loans	326,273	345,965
Residential real estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Loans disclosures
Total loans	326,273	345,965
Residential real estate | Home Equity
Loans disclosures
Total loans	341,204	295,133
Residential real estate | Home Equity | Traditional Banking
Loans disclosures
Total loans	341,204	295,133
Commercial real estate
Loans disclosures
Total loans	$ 1,813,303	$ 1,785,289
Percentage of Nonowner-occupied CRE loans	64%	63%
Percentage of Owner-occupied CRE loans	36%	37%
Commercial real estate | Traditional Banking
Loans disclosures
Total loans	$ 1,813,303	$ 1,785,289
Construction & land development
Loans disclosures
Total loans	247,730	217,338
Construction & land development | Traditional Banking
Loans disclosures
Total loans	247,730	217,338
Commercial & industrial | Commercial and Industrial
Loans disclosures
Total loans	437,911	464,078
Commercial & industrial | Commercial and Industrial | Traditional Banking
Loans disclosures
Total loans	437,911	464,078
Aircraft
Loans disclosures
Total loans	235,327	250,051
Aircraft | Traditional Banking
Loans disclosures
Total loans	235,327	250,051
Consumer
Loans disclosures
Total loans	29,110	27,440
Consumer | Credit Card | Traditional Banking
Loans disclosures
Total loans	16,762	16,654
Consumer | Overdrafts | Traditional Banking
Loans disclosures
Total loans	827	694
Consumer | Automobile loans | Traditional Banking
Loans disclosures
Total loans	1,340	2,664
Consumer | Other Consumer | Traditional Banking
Loans disclosures
Total loans	10,181	7,428
Warehouse lines of credit
Loans disclosures
Total loans	595,163	339,723
Warehouse lines of credit | Warehouse Lending
Loans disclosures
Total loans	595,163	339,723
Tax Refund Solution
Loans disclosures
Total loans	302	149,207
Tax Refund Solution | Refund Advances | Tax Refund Solutions
Loans disclosures
Total loans		103,115
Tax Refund Solution | Other TRS commercial and industrial loans | Tax Refund Solutions
Loans disclosures
Total loans	302	46,092
Republic Credit Solution
Loans disclosures
Total loans	134,556	132,362
Republic Credit Solution | Republic Credit Solutions
Loans disclosures
Total loans	$ 134,556	$ 132,362

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RECONCILIATION OF LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Contractually receivable	$ 5,304,509	$ 5,246,621
Unearned income	(3,126)	(2,556)
Unamortized premiums	224	1,060
Unaccreted discounts	(1,809)	(2,533)
Other net unamortized deferred origination (fees) and costs	(2,881)	(2,731)
Carrying value of loans	$ 5,296,917	$ 5,239,861

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES - RISK CATEGORY (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Loans
Revolving Loans Amortized Cost Basis	$ 1,173,494		$ 1,173,494		$ 864,686
Revolving Loans Converted To Term Loans	197,075		197,075		161,226
Loans, Gross Charge-offs
Revolving Loans Amortized Cost Basis			14,759		15,061
Lease
Year One	23,107		23,107		46,253
Year Two	37,677		37,677		24,088
Year Three	18,178		18,178		10,427
Year Four	6,983		6,983		4,754
Year Five	2,901		2,901		2,371
Prior	807		807		698
Total Loans	89,653		89,653		88,591
Lease, Gross Charge-offs
Year One					20
Year Two			45		113
Year Three			13
Prior			32		8
Total			90		141
Loans and Lease
Year One	309,101		309,101		1,353,074
Year Two	840,959		840,959		981,145
Year Three	824,818		824,818		758,188
Year Four	631,919		631,919		439,564
Year Five	591,355		591,355		206,951
Prior	728,196		728,196		475,027
Total loans	5,296,917		5,296,917		5,239,861
Loans and Lease, Gross Charge-offs
Year One			33,515		20,447
Year Two			1,224		5,667
Year Three			52		24
Year Four			14
Prior			32		15
Total, YTD Gross Charge-offs	7,330	$ 3,672	49,596	$ 36,312	41,214
Loans held for investment fair value	0		0		0
Pass
Loans
Revolving Loans Amortized Cost Basis	1,168,857		1,168,857		858,643
Revolving Loans Converted To Term Loans	196,731		196,731		160,406
Lease
Year One	23,107		23,107		45,824
Year Two	37,526		37,526		23,956
Year Three	17,812		17,812		10,265
Year Four	6,883		6,883		4,571
Year Five	2,813		2,813		2,344
Prior	740		740		545
Total Loans	88,881		88,881		87,505
Loans and Lease
Year One	307,834		307,834		1,328,184
Year Two	839,814		839,814		975,037
Year Three	820,180		820,180		752,275
Year Four	623,002		623,002		438,155
Year Five	581,043		581,043		201,876
Prior	684,941		684,941		451,439
Total loans	5,222,402		5,222,402		5,166,015
Special Mention
Loans
Revolving Loans Amortized Cost Basis	2,167		2,167		2,493
Lease
Year One					429
Year Two	151		151		30
Year Three	23		23		162
Year Four	67		67		183
Year Five	88		88		27
Prior	67		67
Total Loans	396		396		919
Lease, Gross Charge-offs
Prior					88
Loans and Lease
Year One	1,256		1,256		24,841
Year Two	430		430		3,444
Year Three	2,251		2,251		4,009
Year Four	6,307		6,307		183
Year Five	7,204		7,204		3,695
Prior	32,808		32,808		13,229
Total loans	52,423		52,423		51,894
Substandard
Loans
Revolving Loans Amortized Cost Basis	2,470		2,470		3,550
Revolving Loans Converted To Term Loans	344		344		820
Lease
Year Two					102
Year Three	343		343
Year Four	33		33
Prior					65
Total Loans	376		376		167
Loans and Lease
Year One	11		11		49
Year Two	715		715		2,664
Year Three	2,387		2,387		1,904
Year Four	2,610		2,610		1,226
Year Five	3,108		3,108		1,380
Prior	10,447		10,447		10,359
Total loans	22,092		22,092		21,952
Traditional Banking
Lease
Total Loans	89,653		89,653		88,591
Lease, Gross Charge-offs
Total	32		90
Loans and Lease
Total loans	4,566,896		4,566,896		4,618,569
Loans and Lease, Gross Charge-offs
Total, YTD Gross Charge-offs	2,308	332	3,022	902
Residential real estate | Residential Real Estate - Owner Occupied
Loans
Year One	66,477		66,477		346,236
Year Two	242,784		242,784		203,241
Year Three	191,341		191,341		176,915
Year Four	164,204		164,204		168,719
Year Five	158,838		158,838		61,022
Prior	216,916		216,916		186,077
Revolving Loans Converted To Term Loans	5,825		5,825		2,474
Loans	1,046,385		1,046,385		1,144,684
Loans, Gross Charge-offs
Year Two			10		10
Year Three			39		16
Year Four			13
Total			62		26
Residential real estate | Residential Real Estate - Owner Occupied | Pass
Loans
Year One	66,466		66,466		346,195
Year Two	242,069		242,069		200,715
Year Three	189,402		189,402		175,030
Year Four	161,944		161,944		167,493
Year Five	156,724		156,724		59,982
Prior	201,870		201,870		170,402
Revolving Loans Converted To Term Loans	5,825		5,825		2,474
Loans	1,024,300		1,024,300		1,122,291
Residential real estate | Residential Real Estate - Owner Occupied | Special Mention
Loans
Year One					41
Year Five	96		96
Prior	5,488		5,488		6,309
Loans	5,584		5,584		6,350
Residential real estate | Residential Real Estate - Owner Occupied | Substandard
Loans
Year One	11		11
Year Two	715		715		2,526
Year Three	1,939		1,939		1,885
Year Four	2,260		2,260		1,226
Year Five	2,018		2,018		1,040
Prior	9,558		9,558		9,366
Loans	16,501		16,501		16,043
Residential real estate | Residential Real Estate - Owner Occupied | Traditional Banking
Loans
Loans	1,046,385		1,046,385		1,144,684
Loans, Gross Charge-offs
Total	10	9	62	24
Residential real estate | Residential Real Estate - Non Owner Occupied
Loans
Year One	11,204		11,204		63,575
Year Two	54,563		54,563		71,798
Year Three	60,560		60,560		82,830
Year Four	70,475		70,475		47,395
Year Five	59,171		59,171		28,416
Prior	62,492		62,492		44,354
Revolving Loans Converted To Term Loans	7,808		7,808		7,597
Loans	326,273		326,273		345,965
Residential real estate | Residential Real Estate - Non Owner Occupied | Pass
Loans
Year One	11,204		11,204		63,405
Year Two	54,563		54,563		69,827
Year Three	58,719		58,719		82,814
Year Four	70,475		70,475		47,395
Year Five	59,171		59,171		28,416
Prior	62,420		62,420		44,280
Revolving Loans Converted To Term Loans	7,808		7,808		7,597
Loans	324,360		324,360		343,734
Residential real estate | Residential Real Estate - Non Owner Occupied | Special Mention
Loans
Year One					170
Year Two					1,971
Year Three	1,841		1,841
Prior	20		20		26
Loans	1,861		1,861		2,167
Residential real estate | Residential Real Estate - Non Owner Occupied | Substandard
Loans
Year Three					16
Prior	52		52		48
Loans	52		52		64
Residential real estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Loans
Loans	326,273		326,273		345,965
Residential real estate | Home equity
Loans
Revolving Loans Amortized Cost Basis	341,204		341,204		295,133
Loans	341,204		341,204		295,133
Loans, Gross Charge-offs
Revolving Loans Amortized Cost Basis			29		2
Total			29		2
Residential real estate | Home equity | Pass
Loans
Revolving Loans Amortized Cost Basis	339,134		339,134		292,890
Loans	339,134		339,134		292,890
Residential real estate | Home equity | Special Mention
Loans
Revolving Loans Amortized Cost Basis					235
Loans					235
Residential real estate | Home equity | Substandard
Loans
Revolving Loans Amortized Cost Basis	2,070		2,070		2,008
Loans	2,070		2,070		2,008
Residential real estate | Home equity | Traditional Banking
Loans
Loans	341,204		341,204		295,133
Loans, Gross Charge-offs
Total	29		29
Commercial real estate
Loans
Year One	88,173		88,173		366,510
Year Two	219,028		219,028		440,663
Year Three	345,505		345,505		351,974
Year Four	282,875		282,875		174,093
Year Five	313,265		313,265		88,125
Prior	352,665		352,665		186,047
Revolving Loans Amortized Cost Basis	33,509		33,509		34,207
Revolving Loans Converted To Term Loans	178,283		178,283		143,670
Loans	1,813,303		1,813,303		1,785,289
Commercial real estate | Pass
Loans
Year One	86,991		86,991		342,658
Year Two	219,028		219,028		439,643
Year Three	345,505		345,505		351,600
Year Four	278,035		278,035		174,093
Year Five	306,211		306,211		84,457
Prior	327,303		327,303		179,849
Revolving Loans Amortized Cost Basis	33,192		33,192		32,491
Revolving Loans Converted To Term Loans	178,283		178,283		143,670
Loans	1,774,548		1,774,548		1,748,461
Commercial real estate | Special Mention
Loans
Year One	1,182		1,182		23,852
Year Two					1,020
Year Three					374
Year Four	4,840		4,840
Year Five	5,964		5,964		3,668
Prior	24,930		24,930		5,330
Revolving Loans Amortized Cost Basis	317		317		1,716
Loans	37,233		37,233		35,960
Commercial real estate | Substandard
Loans
Year Five	1,090		1,090
Prior	432		432		868
Loans	1,522		1,522		868
Commercial real estate | Traditional Banking
Loans
Loans	1,813,303		1,813,303		1,785,289
Construction & land development
Loans
Year One	24,164		24,164		107,827
Year Two	110,623		110,623		89,106
Year Three	88,554		88,554		16,936
Year Four	16,886		16,886		297
Year Five	2,532		2,532		125
Prior	4,109		4,109		125
Revolving Loans Amortized Cost Basis	862		862		225
Revolving Loans Converted To Term Loans					2,697
Loans	247,730		247,730		217,338
Construction & land development | Pass
Loans
Year One	24,164		24,164		107,827
Year Two	110,382		110,382		89,106
Year Three	88,554		88,554		16,936
Year Four	16,886		16,886		297
Year Five	2,532		2,532		125
Prior	4,109		4,109		125
Revolving Loans Amortized Cost Basis	862		862		225
Revolving Loans Converted To Term Loans					2,697
Loans	247,489		247,489		217,338
Construction & land development | Special Mention
Loans
Year Two	241		241
Loans	241		241
Construction & land development | Traditional Banking
Loans
Loans	247,730		247,730		217,338
Commercial & industrial | Commercial and Industrial
Loans
Year One	54,816		54,816		141,151
Year Two	80,360		80,360		87,956
Year Three	67,780		67,780		73,625
Year Four	53,017		53,017		13,150
Year Five	28,995		28,995		10,514
Prior	30,161		30,161		12,258
Revolving Loans Amortized Cost Basis	117,623		117,623		120,636
Revolving Loans Converted To Term Loans	5,159		5,159		4,788
Loans	437,911		437,911		464,078
Commercial & industrial | Commercial and Industrial | Pass
Loans
Year One	54,742		54,742		140,753
Year Two	80,322		80,322		87,497
Year Three	67,288		67,288		70,149
Year Four	51,615		51,615		13,150
Year Five	27,939		27,939		10,175
Prior	27,519		27,519		10,782
Revolving Loans Amortized Cost Basis	115,632		115,632		120,069
Revolving Loans Converted To Term Loans	4,815		4,815		3,968
Loans	429,872		429,872		456,543
Commercial & industrial | Commercial and Industrial | Special Mention
Loans
Year One	74		74		349
Year Two	38		38		423
Year Three	387		387		3,473
Year Four	1,400		1,400
Year Five	1,056		1,056
Prior	2,303		2,303		1,476
Revolving Loans Amortized Cost Basis	1,850		1,850		542
Loans	7,108		7,108		6,263
Commercial & industrial | Commercial and Industrial | Substandard
Loans
Year One					49
Year Two					36
Year Three	105		105		3
Year Four	2		2
Year Five					339
Prior	339		339
Revolving Loans Amortized Cost Basis	141		141		25
Revolving Loans Converted To Term Loans	344		344		820
Loans	931		931		1,272
Commercial & industrial | Commercial and Industrial | Traditional Banking
Loans
Loans	437,911		437,911		464,078
Aircraft
Loans
Year One	25,211		25,211		97,761
Year Two	80,760		80,760		55,896
Year Three	48,925		48,925		44,721
Year Four	37,035		37,035		30,628
Year Five	25,287		25,287		14,195
Prior	18,109		18,109		6,850
Loans	235,327		235,327		250,051
Aircraft | Pass
Loans
Year One	25,211		25,211		97,761
Year Two	80,760		80,760		55,896
Year Three	48,925		48,925		44,721
Year Four	36,720		36,720		30,628
Year Five	25,287		25,287		14,195
Prior	18,051		18,051		6,850
Loans	234,954		234,954		250,051
Aircraft | Substandard
Loans
Year Four	315		315
Prior	58		58
Loans	373		373
Aircraft | Traditional Banking
Loans
Loans	235,327		235,327		250,051
Consumer
Loans
Year One	5,480		5,480		3,947
Year Two	2,714		2,714		1,194
Year Three	274		274		181
Year Four	110		110		74
Year Five	32		32		1,187
Prior	1,736		1,736		2,246
Revolving Loans Amortized Cost Basis	18,764		18,764		18,611
Loans	29,110		29,110		27,440
Loans, Gross Charge-offs
Year One			823		9
Year Two			1,169		11
Year Three					8
Year Four			1
Prior					7
Revolving Loans Amortized Cost Basis			848		1,147
Total			2,841		1,182
Consumer | Pass
Loans
Year One	5,480		5,480		3,947
Year Two	2,714		2,714		1,194
Year Three	274		274		181
Year Four	110		110		74
Year Five	32		32		1,186
Prior	1,728		1,728		2,234
Revolving Loans Amortized Cost Basis	18,764		18,764		18,611
Loans	29,102		29,102		27,427
Consumer | Substandard
Loans
Year Five					1
Prior	8		8		12
Loans	8		8		13
Consumer | Credit Card | Traditional Banking
Loans
Loans	16,762		16,762		16,654
Loans, Gross Charge-offs
Total	59	30	190	103
Consumer | Overdrafts | Traditional Banking
Loans
Loans	827		827		694
Loans, Gross Charge-offs
Total	231	243	658	676
Consumer | Automobile loans | Traditional Banking
Loans
Loans	1,340		1,340		2,664
Loans, Gross Charge-offs
Total		30		37
Consumer | Other consumer | Traditional Banking
Loans
Loans	10,181		10,181		7,428
Loans, Gross Charge-offs
Total	1,947	20	1,993	62
Warehouse lines of credit
Loans
Revolving Loans Amortized Cost Basis	595,163		595,163		339,723
Loans	595,163		595,163		339,723
Warehouse lines of credit | Pass
Loans
Revolving Loans Amortized Cost Basis	595,163		595,163		339,723
Loans	595,163		595,163		339,723
Tax Refund Solution
Loans
Year One	302		302		149,207
Loans	302		302		149,207
Loans, Gross Charge-offs
Year One			32,692		20,418
Year Two					5,533
Total			32,692		25,951
Tax Refund Solution | Pass
Loans
Year One	302		302		149,207
Loans	302		302		149,207
Republic Credit Solution
Loans
Year One	10,167		10,167		30,607
Year Two	12,450		12,450		7,203
Year Three	3,701		3,701		579
Year Four	334		334		454
Year Five	334		334		996
Prior	41,201		41,201		36,372
Revolving Loans Amortized Cost Basis	66,369		66,369		56,151
Loans	134,556		134,556		132,362
Loans, Gross Charge-offs
Revolving Loans Amortized Cost Basis			13,882		13,912
Total			13,882		13,912
Republic Credit Solution | Pass
Loans
Year One	10,167		10,167		30,607
Year Two	12,450		12,450		7,203
Year Three	3,701		3,701		579
Year Four	334		334		454
Year Five	334		334		996
Prior	41,201		41,201		36,372
Revolving Loans Amortized Cost Basis	66,110		66,110		54,634
Loans	134,297		134,297		130,845
Republic Credit Solution | Substandard
Loans
Revolving Loans Amortized Cost Basis	259		259		1,517
Loans	259		259		1,517
Republic Credit Solution | Republic Credit Solutions
Loans
Loans	134,556		134,556		$ 132,362
Loans, Gross Charge-offs
Total	$ 5,022	$ 3,340	$ 13,882	$ 9,459

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES - ALLOWANCE ACTIVITY (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance	$ 80,687	$ 72,202	$ 82,130	$ 70,413	$ 70,413
Provision	5,659	3,730	41,430	36,635
Charge-offs			(90)		(141)
Charge-offs	(7,330)	(3,672)	(49,596)	(36,312)	(41,214)
Recoveries	3,142	2,316	8,194	3,624
Ending Balance	82,158	74,576	$ 82,158	74,576	82,130
Forecast period for unemployment and general CRE values			1 year
Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance				216	216
Core Banking Activities
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance	61,235	56,913	$ 59,845	51,718	51,718
Provision	1,604	1,364	3,406	6,545
Charge-offs	(2,308)	(332)	(3,022)	(902)
Recoveries	504	129	806	497
Ending Balance	61,035	58,074	61,035	58,074	59,845
Core Banking Activities | Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning Balance				216	216
Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	1,116	825	1,061	110	110
Beginning Balance	59,865	55,567	58,998	50,709	50,709
Provision	8	265	99	764
Provision	1,488	1,567	2,767	6,411
Charge-offs	(32)		(90)
Charge-offs	(2,308)	(332)	(3,022)	(902)
Recoveries	24	(10)	46	10
Recoveries	504	129	806	497
Ending balance	1,116	1,100	1,116	1,100	1,061
Ending Balance	59,549	56,931	59,549	56,931	58,998
Traditional Banking | Adjustment
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance				216	216
Beginning Balance				216	216
Republic Processing Group
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	19,452	15,289	22,285	18,695	18,695
Provision	4,055	2,366	38,024	30,090
Charge-offs	(5,022)	(3,340)	(46,574)	(35,410)
Recoveries	2,638	2,187	7,388	3,127
Ending balance	21,123	16,502	21,123	16,502	22,285
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			(62)		(26)
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	9,544	9,899	10,337	8,909	8,909
Provision	(141)	318	(961)	1,298
Charge-offs	(10)	(9)	(62)	(24)
Recoveries	24	23	103	48
Ending balance	9,417	10,231	9,417	10,231	10,337
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	2,957	3,086	3,047	2,831	2,831
Provision	(52)	(51)	(143)	203
Recoveries	1	1	2	2
Ending balance	2,906	3,036	2,906	3,036	3,047
Residential real estate | Home equity
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Charge-offs			(29)		(2)
Residential real estate | Home equity | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	6,059	4,770	5,501	4,628	4,628
Provision	310	375	867	516
Charge-offs	(29)		(29)
Recoveries	10	1	11	2
Recoveries	6,350
Ending balance	6,350	5,146	6,350	5,146	5,501
Commercial real estate | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	26,161	25,089	25,830	23,739	23,739
Provision	(135)	251	173	1,542
Recoveries	313	7	336	66
Ending balance	26,339	25,347	26,339	25,347	25,830
Construction & land development | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	6,922	4,811	6,060	4,123	4,123
Provision	(261)	325	601	1,013
Ending balance	6,661	5,136	6,661	5,136	6,060
Commercial & industrial | Commercial and Industrial | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	4,133	4,322	4,236	3,976	3,976
Provision	(122)	(148)	(227)	89
Recoveries	1	7	3	116
Ending balance	4,012	4,181	4,012	4,181	4,236
Aircraft | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	601	521	625	449	449
Provision	(13)	46	(37)	118
Ending balance	588	567	588	567	625
Consumer
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Charge-offs			(2,841)		(1,182)
Consumer | Credit Card | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	1,067	1,103	1,074	996	996
Provision	24	3	133	158
Charge-offs	(59)	(30)	(190)	(103)
Recoveries	48	16	63	41
Ending balance	1,080	1,092	1,080	1,092	1,074
Consumer | Overdrafts | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	658	706	694	726	726
Provision	181	128	443	437
Charge-offs	(231)	(243)	(658)	(676)
Recoveries	51	49	180	153
Ending balance	659	640	659	640	694
Consumer | Automobile loans | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	19	53	32	87	87
Provision	(25)	16	(41)	(16)
Charge-offs		(30)		(37)
Recoveries	20	2	23	7
Ending balance	14	41	14	41	32
Consumer | Other consumer | Traditional Banking
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	628	382	501	135	135
Provision	1,714	39	1,860	289
Charge-offs	(1,947)	(20)	(1,993)	(62)
Recoveries	12	13	39	52
Ending balance	407	414	407	414	501
Warehouse lines of credit | Warehouse Lending
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	1,370	1,346	847	1,009	1,009
Provision	116	(203)	639	134
Ending balance	1,486	1,143	1,486	1,143	847
Tax Refund Solution
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Charge-offs			(32,692)		(25,951)
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			3,929	3,797	3,797
Provision	(2,311)	(1,939)	22,249	19,615
Charge-offs			(32,555)	(25,823)
Recoveries	2,311	1,939	6,377	2,411
Ending balance					3,929
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			61	91	91
Provision	1	(28)	33	7
Charge-offs			(137)	(128)
Recoveries		29	44	31
Ending balance	1	1	1	1	61
Republic Credit Solution
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Charge-offs			(13,882)		(13,912)
Republic Credit Solution | Republic Credit Solutions
Financing Receivable And Net Investment In Lease, Excluding Interest Allowance for Credit Loss [Roll Forward]
Beginning balance	19,452	15,289	18,295	14,807	14,807
Provision	6,365	4,333	15,742	10,468
Charge-offs	(5,022)	(3,340)	(13,882)	(9,459)
Recoveries	327	219	967	685
Ending balance	$ 21,122	$ 16,501	$ 21,122	$ 16,501	$ 18,295

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NON-PERFORMING LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 19,381	$ 19,150
Loans past due 90 days or more and still on accrual	164	1,468
Total nonperforming loans	19,545	20,618
Other real estate owned	1,212	1,370
Total nonperforming assets	$ 20,757	$ 21,988
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.37%	0.39%
Nonperforming assets to total loans (including OREO) (as percent)	0.39%	0.42%
Nonperforming assets to total assets (as percent)	0.31%	0.33%
Core Banking Activities
Non-performing loans and non-performing assets disclosures
Loans on nonaccrual status	$ 19,381	$ 19,150
Credit Quality Ratios - Total Company:
Nonperforming loans to total loans (as percent)	0.38%	0.39%
Nonperforming assets to total loans (including OREO) (as percent)	0.40%	0.41%
Nonperforming assets to total assets (as percent)	0.33%	0.35%

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES - NONACCRUAL (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) item	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Aging or recorded investments in loans
Nonaccrual with ACLL	$ 1,855		$ 1,855		$ 2,475
Nonaccrual with no ACLL	17,526		17,526		16,675
Nonaccrual	19,381		19,381		19,150
Financing Receivable, 90 Days or More Past Due, Still Accruing	164		164		1,468
Interest Income Recognized on Nonaccrual Loans	509	$ 330	$ 1,291	$ 949
Number of consecutive months payments received before non-accrual loans returned to accrual status (in months) | item			6
Core Banking Activities
Aging or recorded investments in loans
Nonaccrual	19,381		$ 19,381		19,150
Traditional Banking
Aging or recorded investments in loans
Nonaccrual	19,381		19,381		19,150
Republic Processing Group
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	164		164		1,468
Residential real estate | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	373		373		376
Nonaccrual with no ACLL	15,287		15,287		14,680
Nonaccrual	15,660		15,660		15,056
Interest Income Recognized on Nonaccrual Loans	273	224	813	664
Residential real estate | Residential Real Estate - Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	15,660		15,660		15,056
Residential real estate | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Nonaccrual with ACLL	27		27		20
Nonaccrual with no ACLL	37		37		44
Nonaccrual	64		64		64
Interest Income Recognized on Nonaccrual Loans		7	15	8
Residential real estate | Residential Real Estate - Non Owner Occupied | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	64		64		64
Residential real estate | Home equity
Aging or recorded investments in loans
Nonaccrual with no ACLL	1,868		1,868		1,948
Nonaccrual	1,868		1,868		1,948
Interest Income Recognized on Nonaccrual Loans	84	45	241	106
Residential real estate | Home equity | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	1,868		1,868		1,948
Commercial real estate
Aging or recorded investments in loans
Nonaccrual with ACLL	737		737		850
Nonaccrual	737		737		850
Interest Income Recognized on Nonaccrual Loans	43	31	112	142
Commercial real estate | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	737		737		850
Commercial & industrial | Commercial and Industrial
Aging or recorded investments in loans
Nonaccrual with ACLL	713		713		1,221
Nonaccrual with no ACLL	141		141
Nonaccrual	854		854		1,221
Interest Income Recognized on Nonaccrual Loans	9	$ 23	9	23
Commercial & industrial | Commercial and Industrial | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	854		854		1,221
Consumer
Aging or recorded investments in loans
Nonaccrual with ACLL	5		5		8
Nonaccrual with no ACLL	59		59		3
Nonaccrual	64		64		11
Interest Income Recognized on Nonaccrual Loans	100		101	$ 6
Consumer | Automobile loans | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	5		5		10
Consumer | Other consumer | Traditional Banking
Aging or recorded investments in loans
Nonaccrual	59		59		1
Republic Credit Solution | Republic Credit Solutions
Aging or recorded investments in loans
Financing Receivable, 90 Days or More Past Due, Still Accruing	164		164		$ 1,468
Finance leases portfolio segment | Traditional Banking
Aging or recorded investments in loans
Nonaccrual with no ACLL	134		134
Nonaccrual	$ 134		$ 134

LOANS AND ALLOWANCE FOR CREDI_9

LOANS AND ALLOWANCE FOR CREDIT LOSSES - DELINQUENT LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Aging or recorded investments in loans
Lease financing receivables	$ 89,653	$ 88,591
Total loans	5,296,917	5,239,861
30 - 59 Days Delinquent
Aging or recorded investments in loans
Total loans	$ 13,015	$ 13,571
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.25%	0.25%
60 - 89 Days Delinquent
Aging or recorded investments in loans
Total loans	$ 4,859	$ 3,974
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.09%	0.08%
90+ Days Past Due
Aging or recorded investments in loans
Total loans	$ 3,076	$ 4,547
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.06%	0.09%
Past Due
Aging or recorded investments in loans
Total loans	$ 20,950	$ 22,092
Delinquent acquired bank loans to total acquired bank loans (as a percent)	0.40%	0.42%
Current
Aging or recorded investments in loans
Total loans	$ 5,275,967	$ 5,217,769
Residential real estate | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	1,046,385	1,144,684
Residential real estate | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	326,273	345,965
Residential real estate | Home equity
Aging or recorded investments in loans
Carrying value of loans	341,204	295,133
Commercial real estate
Aging or recorded investments in loans
Carrying value of loans	1,813,303	1,785,289
Construction & land development
Aging or recorded investments in loans
Carrying value of loans	247,730	217,338
Commercial & industrial | Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	437,911	464,078
Aircraft
Aging or recorded investments in loans
Carrying value of loans	235,327	250,051
Consumer
Aging or recorded investments in loans
Carrying value of loans	29,110	27,440
Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	595,163	339,723
Tax Refund Solution
Aging or recorded investments in loans
Carrying value of loans	302	149,207
Republic Credit Solution
Aging or recorded investments in loans
Carrying value of loans	134,556	132,362
Core Banking Activities
Aging or recorded investments in loans
Total loans	5,162,059	4,958,292
Core Banking Activities | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Total loans	4,428	4,184
Core Banking Activities | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total loans	2,708	913
Core Banking Activities | 90+ Days Past Due
Aging or recorded investments in loans
Total loans	2,912	3,079
Core Banking Activities | Past Due
Aging or recorded investments in loans
Total loans	10,048	8,176
Core Banking Activities | Current
Aging or recorded investments in loans
Total loans	5,152,011	4,950,116
Traditional Banking
Aging or recorded investments in loans
Lease financing receivables	89,653	88,591
Total loans	4,566,896	4,618,569
Traditional Banking | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Lease financing receivables	3	18
Total loans	4,428	4,184
Traditional Banking | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Total loans	2,708	913
Traditional Banking | 90+ Days Past Due
Aging or recorded investments in loans
Lease financing receivables	33
Total loans	2,912	3,079
Traditional Banking | Past Due
Aging or recorded investments in loans
Lease financing receivables	36	18
Total loans	10,048	8,176
Traditional Banking | Current
Aging or recorded investments in loans
Lease financing receivables	89,617	88,573
Total loans	4,556,848	4,610,393
Traditional Banking | Residential real estate | Residential Real Estate - Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	1,046,385	1,144,684
Traditional Banking | Residential real estate | Residential Real Estate - Owner Occupied | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	3,137	3,396
Traditional Banking | Residential real estate | Residential Real Estate - Owner Occupied | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2,161	769
Traditional Banking | Residential real estate | Residential Real Estate - Owner Occupied | 90+ Days Past Due
Aging or recorded investments in loans
Carrying value of loans	1,805	1,638
Traditional Banking | Residential real estate | Residential Real Estate - Owner Occupied | Past Due
Aging or recorded investments in loans
Carrying value of loans	7,103	5,803
Traditional Banking | Residential real estate | Residential Real Estate - Owner Occupied | Current
Aging or recorded investments in loans
Carrying value of loans	1,039,282	1,138,881
Traditional Banking | Residential real estate | Residential Real Estate - Non Owner Occupied
Aging or recorded investments in loans
Carrying value of loans	326,273	345,965
Traditional Banking | Residential real estate | Residential Real Estate - Non Owner Occupied | Current
Aging or recorded investments in loans
Carrying value of loans	326,273	345,965
Traditional Banking | Residential real estate | Home equity
Aging or recorded investments in loans
Carrying value of loans	341,204	295,133
Traditional Banking | Residential real estate | Home equity | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	824	417
Traditional Banking | Residential real estate | Home equity | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	67	96
Traditional Banking | Residential real estate | Home equity | 90+ Days Past Due
Aging or recorded investments in loans
Carrying value of loans	219	254
Traditional Banking | Residential real estate | Home equity | Past Due
Aging or recorded investments in loans
Carrying value of loans	1,110	767
Traditional Banking | Residential real estate | Home equity | Current
Aging or recorded investments in loans
Carrying value of loans	340,094	294,366
Traditional Banking | Commercial real estate
Aging or recorded investments in loans
Carrying value of loans	1,813,303	1,785,289
Traditional Banking | Commercial real estate | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	90
Traditional Banking | Commercial real estate | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	433
Traditional Banking | Commercial real estate | Past Due
Aging or recorded investments in loans
Carrying value of loans	523
Traditional Banking | Commercial real estate | Current
Aging or recorded investments in loans
Carrying value of loans	1,812,780	1,785,289
Traditional Banking | Construction & land development
Aging or recorded investments in loans
Carrying value of loans	247,730	217,338
Traditional Banking | Construction & land development | Current
Aging or recorded investments in loans
Carrying value of loans	247,730	217,338
Traditional Banking | Commercial & industrial | Commercial and Industrial
Aging or recorded investments in loans
Carrying value of loans	437,911	464,078
Traditional Banking | Commercial & industrial | Commercial and Industrial | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	168	140
Traditional Banking | Commercial & industrial | Commercial and Industrial | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	27	36
Traditional Banking | Commercial & industrial | Commercial and Industrial | 90+ Days Past Due
Aging or recorded investments in loans
Carrying value of loans	854	1,184
Traditional Banking | Commercial & industrial | Commercial and Industrial | Past Due
Aging or recorded investments in loans
Carrying value of loans	1,049	1,360
Traditional Banking | Commercial & industrial | Commercial and Industrial | Current
Aging or recorded investments in loans
Carrying value of loans	436,862	462,718
Traditional Banking | Aircraft
Aging or recorded investments in loans
Carrying value of loans	235,327	250,051
Traditional Banking | Aircraft | Current
Aging or recorded investments in loans
Carrying value of loans	235,327	250,051
Traditional Banking | Consumer | Consumer: Credit cards
Aging or recorded investments in loans
Carrying value of loans	16,762	16,654
Traditional Banking | Consumer | Consumer: Credit cards | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	37	31
Traditional Banking | Consumer | Consumer: Credit cards | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	7	4
Traditional Banking | Consumer | Consumer: Credit cards | Past Due
Aging or recorded investments in loans
Carrying value of loans	44	35
Traditional Banking | Consumer | Consumer: Credit cards | Current
Aging or recorded investments in loans
Carrying value of loans	16,718	16,619
Traditional Banking | Consumer | Overdrafts
Aging or recorded investments in loans
Carrying value of loans	827	694
Traditional Banking | Consumer | Overdrafts | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	137	129
Traditional Banking | Consumer | Overdrafts | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	6	1
Traditional Banking | Consumer | Overdrafts | 90+ Days Past Due
Aging or recorded investments in loans
Carrying value of loans		1
Traditional Banking | Consumer | Overdrafts | Past Due
Aging or recorded investments in loans
Carrying value of loans	143	131
Traditional Banking | Consumer | Overdrafts | Current
Aging or recorded investments in loans
Carrying value of loans	684	563
Traditional Banking | Consumer | Automobile loans
Aging or recorded investments in loans
Carrying value of loans	1,340	2,664
Traditional Banking | Consumer | Automobile loans | 90+ Days Past Due
Aging or recorded investments in loans
Carrying value of loans		2
Traditional Banking | Consumer | Automobile loans | Past Due
Aging or recorded investments in loans
Carrying value of loans		2
Traditional Banking | Consumer | Automobile loans | Current
Aging or recorded investments in loans
Carrying value of loans	1,340	2,662
Traditional Banking | Consumer | Other consumer
Aging or recorded investments in loans
Carrying value of loans	10,181	7,428
Traditional Banking | Consumer | Other consumer | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	32	53
Traditional Banking | Consumer | Other consumer | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	7	7
Traditional Banking | Consumer | Other consumer | 90+ Days Past Due
Aging or recorded investments in loans
Carrying value of loans	1
Traditional Banking | Consumer | Other consumer | Past Due
Aging or recorded investments in loans
Carrying value of loans	40	60
Traditional Banking | Consumer | Other consumer | Current
Aging or recorded investments in loans
Carrying value of loans	10,141	7,368
Warehouse Lending | Warehouse lines of credit
Aging or recorded investments in loans
Carrying value of loans	595,163	339,723
Warehouse Lending | Warehouse lines of credit | Current
Aging or recorded investments in loans
Carrying value of loans	595,163	339,723
Republic Processing Group
Aging or recorded investments in loans
Carrying value of loans	134,858	281,569
Republic Processing Group | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	8,587	9,387
Republic Processing Group | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2,151	3,061
Republic Processing Group | 90+ Days Past Due
Aging or recorded investments in loans
Carrying value of loans	164	1,468
Republic Processing Group | Past Due
Aging or recorded investments in loans
Carrying value of loans	10,902	13,916
Republic Processing Group | Current
Aging or recorded investments in loans
Carrying value of loans	123,956	267,653
Tax Refund Solutions | Tax Refund Solution | Refund Advances
Aging or recorded investments in loans
Carrying value of loans		103,115
Tax Refund Solutions | Tax Refund Solution | Refund Advances | Current
Aging or recorded investments in loans
Carrying value of loans		103,115
Tax Refund Solutions | Tax Refund Solution | Other TRS commercial and industrial loans
Aging or recorded investments in loans
Carrying value of loans	302	46,092
Tax Refund Solutions | Tax Refund Solution | Other TRS commercial and industrial loans | Current
Aging or recorded investments in loans
Carrying value of loans	302	46,092
Republic Credit Solutions | Republic Credit Solution
Aging or recorded investments in loans
Carrying value of loans	134,556	132,362
Republic Credit Solutions | Republic Credit Solution | 30 - 59 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	8,587	9,387
Republic Credit Solutions | Republic Credit Solution | 60 - 89 Days Delinquent
Aging or recorded investments in loans
Carrying value of loans	2,151	3,061
Republic Credit Solutions | Republic Credit Solution | 90+ Days Past Due
Aging or recorded investments in loans
Carrying value of loans	164	1,468
Republic Credit Solutions | Republic Credit Solution | Past Due
Aging or recorded investments in loans
Carrying value of loans	10,902	13,916
Republic Credit Solutions | Republic Credit Solution | Current
Aging or recorded investments in loans
Carrying value of loans	$ 123,654	$ 118,446

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES - COLLATERAL DEPENDENT LOANS (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 89,653	$ 88,591
Total loans	$ 5,296,917	5,239,861
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	$ 1,046,385	1,144,684
Residential real estate | Residential Real Estate - Non Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	326,273	345,965
Residential real estate | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	341,204	295,133
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,813,303	1,785,289
Construction & land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	247,730	217,338
Commercial & industrial | Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	437,911	464,078
Aircraft
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	235,327	250,051
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	29,110	27,440
Traditional Banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	89,653	88,591
Total loans	4,566,896	4,618,569
Traditional Banking | Real Estate | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	24,297	22,817
Traditional Banking | Personal Property | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	376	108
Total loans	756	121
Traditional Banking | Residential real estate | Residential Real Estate - Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,046,385	1,144,684
Traditional Banking | Residential real estate | Residential Real Estate - Owner Occupied | Real Estate | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	19,704	18,602
Traditional Banking | Residential real estate | Residential Real Estate - Non Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	326,273	345,965
Traditional Banking | Residential real estate | Residential Real Estate - Non Owner Occupied | Real Estate | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	52	64
Traditional Banking | Residential real estate | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	341,204	295,133
Traditional Banking | Residential real estate | Home equity | Real Estate | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,086	2,008
Traditional Banking | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,813,303	1,785,289
Traditional Banking | Commercial real estate | Real Estate | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,525	870
Traditional Banking | Construction & land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	247,730	217,338
Traditional Banking | Commercial & industrial | Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	437,911	464,078
Traditional Banking | Commercial & industrial | Commercial and Industrial | Real Estate | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	930	1,273
Traditional Banking | Aircraft
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	235,327	250,051
Traditional Banking | Aircraft | Personal Property | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	373
Traditional Banking | Consumer | Personal Property | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 7	$ 13

LOANS AND ALLOWANCE FOR CRED_11

LOANS AND ALLOWANCE FOR CREDIT LOSSES - AMORTIZED COST OF LOANS AND LEASES (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($) loan	Sep. 30, 2023 USD ($) loan	Sep. 30, 2024 USD ($) loan	Sep. 30, 2023 USD ($) loan
Financing Receivable, Modified [Line Items]
Average deferral period	3 months		3 months
Percentage of rate reduction			1%
Extension period			12 years
Accruing number of contracts | loan	250	383	386	383
Accruing recorded investments	$ 86	$ 84	$ 132	$ 84
Nonaccruing number of contracts | loan		5	1	19
Nonaccruing recorded investments		$ 672	$ 152	$ 1,830
Accruing percentage of total financing receivables	0%
Nonaccruing percentage of total financing receivables		0.01%	0%	0.04%
Current
Financing Receivable, Modified [Line Items]
Accruing recorded investments			$ 154	$ 84
Nonaccruing recorded investments			$ 502	1,474
30-89 Days Past Due
Financing Receivable, Modified [Line Items]
Nonaccruing recorded investments				188
90+ Days Past Due
Financing Receivable, Modified [Line Items]
Nonaccruing recorded investments				$ 168
Republic Processing Group
Financing Receivable, Modified [Line Items]
Accruing number of contracts | loan	248	383	383	383
Accruing recorded investments	$ 60	$ 84	$ 95	$ 84
Accruing percentage of total financing receivables	0.04%	0.07%	0.07%	0.07%
Republic Processing Group | Current
Financing Receivable, Modified [Line Items]
Accruing recorded investments			$ 95	$ 84
Residential real estate | Residential Real Estate - Owner Occupied
Financing Receivable, Modified [Line Items]
Accruing number of contracts | loan			1
Accruing recorded investments			$ 11
Nonaccruing number of contracts | loan		4	1	4
Nonaccruing recorded investments		$ 239	$ 152	$ 566
Accruing percentage of total financing receivables			0%
Nonaccruing percentage of total financing receivables		0.02%	0.01%	0.05%
Residential real estate | Residential Real Estate - Owner Occupied | Current
Financing Receivable, Modified [Line Items]
Accruing recorded investments			$ 11
Nonaccruing recorded investments			437	$ 932
Residential real estate | Residential Real Estate - Owner Occupied | 30-89 Days Past Due
Financing Receivable, Modified [Line Items]
Nonaccruing recorded investments				188
Residential real estate | Residential Real Estate - Owner Occupied | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Nonaccruing recorded investments				$ 168
Residential real estate | Home equity
Financing Receivable, Modified [Line Items]
Nonaccruing number of contracts | loan		1		15
Nonaccruing recorded investments		$ 433		$ 1,264
Nonaccruing percentage of total financing receivables		0.16%		0.46%
Residential real estate | Home equity | Current
Financing Receivable, Modified [Line Items]
Accruing recorded investments			22
Nonaccruing recorded investments			$ 65	$ 542
Commercial & industrial
Financing Receivable, Modified [Line Items]
Accruing number of contracts | loan	2		2
Accruing recorded investments	$ 26		$ 26
Accruing percentage of total financing receivables	0.01%		0.01%
Commercial & industrial | Current
Financing Receivable, Modified [Line Items]
Accruing recorded investments			$ 26
Term Extension
Financing Receivable, Modified [Line Items]
Number of Loans | loan				2
Recorded Investment				$ 258
Term Extension | Residential real estate | Residential Real Estate - Owner Occupied
Financing Receivable, Modified [Line Items]
Number of Loans | loan				2
Recorded Investment				$ 258
Principal deferral
Financing Receivable, Modified [Line Items]
Number of Loans | loan	250	388	386	400
Recorded Investment	$ 86	$ 756	$ 132	$ 1,656
Accruing number of contracts | loan	250	383	386	383
Accruing recorded investments	$ 86	$ 84	$ 132	$ 84
Nonaccruing number of contracts | loan		5		19
Nonaccruing recorded investments		$ 672		$ 1,830
Principal deferral | Republic Processing Group
Financing Receivable, Modified [Line Items]
Number of Loans | loan	248	383	383	383
Recorded Investment	$ 60	$ 84	$ 95	$ 84
Principal deferral | Home equity
Financing Receivable, Modified [Line Items]
Number of Loans | loan	2
Recorded Investment	$ 26
Principal deferral | Residential real estate | Residential Real Estate - Owner Occupied
Financing Receivable, Modified [Line Items]
Number of Loans | loan		4	1	13
Recorded Investment		$ 239	$ 11	$ 1,006
Principal deferral | Residential real estate | Home equity
Financing Receivable, Modified [Line Items]
Number of Loans | loan		1		4
Recorded Investment		$ 433		$ 566
Principal deferral | Commercial & industrial
Financing Receivable, Modified [Line Items]
Number of Loans | loan			2
Recorded Investment			$ 26
Combination- term extension and rate reduction
Financing Receivable, Modified [Line Items]
Number of Loans | loan			1
Recorded Investment			$ 152
Nonaccruing number of contracts | loan			1
Nonaccruing recorded investments			$ 152
Combination- term extension and rate reduction | Residential real estate | Residential Real Estate - Owner Occupied
Financing Receivable, Modified [Line Items]
Number of Loans | loan			1
Recorded Investment			$ 152

LOANS AND ALLOWANCE FOR CRED_12

LOANS AND ALLOWANCE FOR CREDIT LOSSES - MODIFIED CLASS (Details) - loan	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Number of Loans with payment default	0	0

LOANS AND ALLOWANCE FOR CRED_13

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSED PROPERTIES (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 1,212	$ 1,370
Commercial real estate
Troubled Debt Restructurings disclosures
Carrying amount of foreclosed properties	$ 1,212	$ 1,370

LOANS AND ALLOWANCE FOR CRED_14

LOANS AND ALLOWANCE FOR CREDIT LOSSES - FORECLOSURE RECORDED INVESTMENT (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Residential real estate | Foreclosure Proceedings In Process
Recorded investment in residential and consumer loans based on payment activity
Loans	$ 1,735	$ 1,556

LOANS AND ALLOWANCE FOR CRED_15

LOANS AND ALLOWANCE FOR CREDIT LOSSES - REFUND ADVANCES (Details) - Tax Refund Solutions - Refund Advances - USD ($) $ in Thousands	2 Months Ended		3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Period Refund Advance tax credit product offered	2 months	2 months
Refund Advances originated					$ 771,091	$ 737,047
Net charge to the Provision for RAs, including ERAs			$ (2,311)	$ (1,939)	$ 22,249	$ 19,615
Provision as a percentage of RAs, including ERAs, originated					2.89%	2.66%
Refund Advances net charge-offs (recoveries)			$ (2,311)	$ (1,939)	$ 26,178	$ 23,412
Refund Advances net charge-offs (recoveries) to total Refund Advances originated					3.39%	3.18%

DEPOSITS - Balances (Details)

DEPOSITS - Balances (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Deposit Liabilities
Total interest-bearing deposits	$ 3,841,610	$ 3,376,165
Total non interest-bearing deposits	1,260,086	1,676,998
Total deposits	5,101,696	5,053,163
Core Banking Activities
Deposit Liabilities
Demand	1,158,108	1,158,051
Money market accounts	1,232,060	1,007,356
Savings	259,076	263,238
Reciprocal money market	263,602	188,078
Individual retirement accounts	35,555	33,793
Time deposits, $250 and over	118,043	101,787
Other certificates of deposit	241,025	225,614
Reciprocal time deposits	100,888	90,857
Wholesale brokered deposits	87,252	88,767
Total interest-bearing deposits	3,495,609	3,157,541
Total non interest-bearing deposits	1,157,979	1,239,466
Total deposits	4,653,588	4,397,007
Republic Processing Group
Deposit Liabilities
Money market accounts	24,320	18,664
Wholesale brokered deposits		199,960
Interest-bearing prepaid card deposits	321,681
Total interest-bearing deposits	346,001	218,624
Noninterest-bearing prepaid card deposits		318,769
Other noninterest-bearing deposits	102,107	118,763
Total non interest-bearing deposits	102,107	437,532
Total deposits	$ 448,108	$ 656,156

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Securities sold under agreements to repurchase
Outstanding balance at end of period	$ 79,383		$ 79,383		$ 97,618
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	$ 79,383		$ 79,383		$ 97,618
Weighted average interest rate at end of period (as a percent)	0.72%		0.72%		0.50%
Total securities pledged	$ 80,903		$ 80,903		$ 99,530
Average outstanding balance during the period	$ 73,660	$ 90,063	$ 88,140	$ 136,528
Weighted average interest rate during the period (as a percent)	0.76%	0.13%	0.61%	0.44%
Maximum outstanding at any month end during the period	$ 79,383	$ 88,862	$ 113,281	$ 224,067
Securities sold under agreements to repurchase | U.S. Treasury securities and U.S. Government agencies
Securities sold under agreements to repurchase
Total securities pledged	$ 80,903		$ 80,903		$ 99,530

FEDERAL HOME LOAN BANK ADVANC_3

FEDERAL HOME LOAN BANK ADVANCES - FHLB ADVANCES (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
FHLB advances
Total FHLB advances	$ 370,000	$ 380,000
Additional collateralized advances available	775,000	730,000
Overnight advances
FHLB advances
Total FHLB advances		110,000
Fixed interest rate advances
FHLB advances
Total FHLB advances	370,000	270,000
Various other unsecured lines of credit
FHLB advances
Unsecured lines of credit	$ 100,000	$ 100,000

FEDERAL HOME LOAN BANK ADVANC_4

FEDERAL HOME LOAN BANK ADVANCES - MATURITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
FEDERAL HOME LOAN BANK ADVANCES
2025	$ 100,000
2026	30,000
2027	80,000
2028	160,000
Total	$ 370,000	$ 380,000
Weighted Average Rate
2025	5.05%
2026	4.82%
2027	4.01%
2028	4.39%
Total	4.52%

FEDERAL HOME LOAN BANK ADVANC_5

FEDERAL HOME LOAN BANK ADVANCES - SHORT-TERM FHLB ADVANCES (Details) - Federal Home Loan Bank advances - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
FHLB advances
Average outstanding balance during the period	$ 17,989	$ 250,348	$ 96,058	$ 150,833
Weighted average interest rate during the period (as percent)	5.42%	5.20%	5.46%	7.75%
Maximum outstanding at any month end during the period	$ 55,000	$ 365,000	$ 760,000	$ 485,000

FEDERAL HOME LOAN BANK ADVANC_6

FEDERAL HOME LOAN BANK ADVANCES - LOANS PLEDGED (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
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	$ 1,208,147	$ 1,345,752
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	300,719	266,389
Multi-Family Commercial 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	100,759	$ 133,565
Commercial 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	$ 352,639

OFF BALANCE SHEET RISKS, COMM_3

OFF BALANCE SHEET RISKS, COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Commitments and letters of credit
Loan commitment, line credit	$ 1,903,144		$ 1,903,144		$ 2,239,579
Decrease in unused commitments			336,000
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	1,110	$ 1,530	1,340	$ 1,250
Provision	(110)	(190)	(340)	90
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	1,000	1,340	1,000	1,340
Unused warehouse lines of credit
Commitments and letters of credit
Loan commitment, line credit	307,837		307,837		623,277
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	77	145	116	190
Provision	2	(43)	(37)	(88)
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	79	102	79	102
Unused home equity lines of credit
Commitments and letters of credit
Loan commitment, line credit	471,527		471,527		446,006
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	110	353	55	332
Provision	24	(315)	79	(294)
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	134	38	134	38
Unused construction lines of credit
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	591	633	820	384
Provision	(64)	225	(293)	474
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	527	858	527	858
Unused loan commitments - other
Commitments and letters of credit
Loan commitment, line credit	1,113,019		1,113,019		1,159,284
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance Sheet, Credit Loss, Liability, Beginning Balance	332	399	349	344
Provision	(72)	(57)	(89)	(2)
Off-Balance Sheet, Credit Loss, Liability, Ending Balance	260	$ 342	260	$ 342
Standby letters of credit
Commitments and letters of credit
Loan commitment, line credit	$ 10,761		$ 10,761		$ 11,012

FAIR VALUE - RECURRING BASIS (D

FAIR VALUE - RECURRING BASIS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Financial assets:
Total available-for-sale debt securities	$ 466,916		$ 466,916			$ 591,313
Mortgage loans held for sale, at fair value	8,526	$ 2,711	8,526	$ 2,711	$ 9,703	3,227	$ 4,038	$ 1,302
Consumer loans held for sale	6,080	8,443	6,080	8,443	$ 8,341	7,914	$ 5,757	$ 4,706
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	239		239			174
U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities	304,397		304,397			407,033
Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities	1,665		1,665			1,773
Mortgage Backed securities
Financial assets:
Total available-for-sale debt securities	134,663		134,663			154,710
Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities	20,156		20,156			21,659
Corporate bonds
Financial assets:
Total available-for-sale debt securities	2,012		2,012			2,020
Trust preferred security
Financial assets:
Total available-for-sale debt securities	4,023		4,023			4,118
Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	239		239			174
Recurring basis
Financial assets:
Total available-for-sale debt securities	466,916		466,916			591,313
Mortgage loans held for sale, at fair value	8,526		8,526			3,227
Consumer loans held for sale	6,080		6,080			7,914
Rate lock commitments	535		535			243
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	239		239			174
Financial Liabilities:
Mandatory forward contracts	113		113			61
Transfers between Level 1, 2 or 3	0	$ 0	0	$ 0
Recurring basis | FHLB Advances
Financial Liabilities:
Interest rate swap agreements	3,960		3,960
Recurring basis | Bank clients and institutional swap dealer
Financial assets:
Interest rate swap agreements	9,073		9,073			8,933
Financial Liabilities:
Interest rate swap agreements	9,073		9,073			8,933
Recurring basis | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities	304,397		304,397			407,033
Recurring basis | Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities	1,665		1,665			1,773
Recurring basis | Mortgage Backed securities
Financial assets:
Total available-for-sale debt securities	134,663		134,663			154,710
Recurring basis | Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities	20,156		20,156			21,659
Recurring basis | Corporate bonds
Financial assets:
Total available-for-sale debt securities	2,012		2,012			2,020
Recurring basis | Trust preferred security
Financial assets:
Total available-for-sale debt securities	4,023		4,023			4,118
Recurring basis | Freddie Mac preferred stock
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	239		239			174
Recurring basis | Fair Value, Inputs, Level 1
Financial assets:
Total available-for-sale debt securities	70,069		70,069			177,784
Recurring basis | Fair Value, Inputs, Level 1 | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities	70,069		70,069			177,784
Recurring basis | Fair Value, Inputs, Level 2
Financial assets:
Total available-for-sale debt securities	391,159		391,159			407,638
Mortgage loans held for sale, at fair value	8,526		8,526			3,227
Rate lock commitments	535		535			243
Equity securities with readily determinable fair value:
Equity securities with readily determinable fair value	239		239			174
Financial Liabilities:
Mandatory forward contracts	113		113			61
Recurring basis | Fair Value, Inputs, Level 2 | FHLB Advances
Financial Liabilities:
Interest rate swap agreements	3,960		3,960
Recurring basis | Fair Value, Inputs, Level 2 | Bank clients and institutional swap dealer
Financial assets:
Interest rate swap agreements	9,073		9,073			8,933
Financial Liabilities:
Interest rate swap agreements	9,073		9,073			8,933
Recurring basis | Fair Value, Inputs, Level 2 | U.S. Treasury securities and U.S. Government agencies
Financial assets:
Total available-for-sale debt securities	234,328		234,328			229,249
Recurring basis | Fair Value, Inputs, Level 2 | Mortgage Backed securities
Financial assets:
Total available-for-sale debt securities	134,663		134,663			154,710
Recurring basis | Fair Value, Inputs, Level 2 | Collateralized mortgage obligations
Financial assets:
Total available-for-sale debt securities	20,156		20,156			21,659
Recurring basis | Fair Value, Inputs, Level 2 | Corporate bonds
Financial assets:
Total available-for-sale debt securities	2,012		2,012			2,020
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	239		239			174
Recurring basis | Fair Value, Inputs, Level 3
Financial assets:
Total available-for-sale debt securities	5,688		5,688			5,891
Consumer loans held for sale	6,080		6,080			7,914
Recurring basis | Fair Value, Inputs, Level 3 | Private label mortgage backed security
Financial assets:
Total available-for-sale debt securities	1,665		1,665			1,773
Recurring basis | Fair Value, Inputs, Level 3 | Trust preferred security
Financial assets:
Total available-for-sale debt securities	$ 4,023		$ 4,023			$ 4,118

FAIR VALUE - RECONCILIATION USI

FAIR VALUE - RECONCILIATION USING SIGNIFICANT UNOBSERVABLE INPUTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Private label mortgage backed security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	$ 1,716	$ 1,988	$ 1,773	$ 2,127
Net change in unrealized gain (loss)	54	(6)	102	26
Principal paydowns	(105)	(97)	(210)	(268)
Balance, end of period	1,665	1,885	1,665	1,885
Trust preferred security
Assets measured on recurring basis, unobservable input reconciliation
Balance, beginning of period	4,092	3,746	4,118	3,855
Discount accretion	16	15	46	44
Net change in unrealized gain (loss)	(85)	234	(141)	96
Balance, end of period	$ 4,023	$ 3,995	$ 4,023	$ 3,995

FAIR VALUE - RECURRING LEVEL 3

FAIR VALUE - RECURRING LEVEL 3 MEASUREMENTS (Details) - Level 3 $ in Thousands	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Private label mortgage backed security | Recurring basis
Fair value inputs quantitative information
Mortgage backed security fair value	$ 1,665	$ 1,773
Debt Securities - Valuation technique	us-gaap:ValuationTechniqueDiscountedCashFlowMember	us-gaap:ValuationTechniqueDiscountedCashFlowMember
Private label mortgage backed security | Recurring basis | Loss Severity
Fair value inputs quantitative information
Measurable input	0.25
Private label mortgage backed security | Minimum | Recurring basis | Constant Prepayment Rate
Fair value inputs quantitative information
Measurable input	0.018	0.039
Private label mortgage backed security | Minimum | Recurring basis | Default Rate
Fair value inputs quantitative information
Measurable input	0.002	0.018
Private label mortgage backed security | Minimum | Recurring basis | Loss Severity
Fair value inputs quantitative information
Measurable input		0.25
Private label mortgage backed security | Maximum | Recurring basis | Constant Prepayment Rate
Fair value inputs quantitative information
Measurable input	0.023	0.045
Private label mortgage backed security | Maximum | Recurring basis | Default Rate
Fair value inputs quantitative information
Measurable input	0.093	0.094
Private label mortgage backed security | Maximum | Recurring basis | Loss Severity
Fair value inputs quantitative information
Measurable input		0.35
Consumer Loans Held For Sale | Nonrecurring basis
Fair value inputs quantitative information
Consumer Loans Held for Sale Fair Value	$ 6,080	$ 7,914
Consumer Loans Held For Sale | Nonrecurring basis | Net Premium
Fair value inputs quantitative information
Loan, Held-for-Sale, Measurement Input	0.0015	0.0015
Consumer Loans Held For Sale | Nonrecurring basis | Discount Rate
Fair value inputs quantitative information
Loan, 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		9 Months Ended
	Sep. 30, 2024 USD ($) loan	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) loan	Sep. 30, 2023 USD ($)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($) loan	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value, Option
Aggregate fair value	$ 8,526	$ 2,711	$ 8,526	$ 2,711	$ 9,703	$ 3,227	$ 4,038	$ 1,302
Contractual balance	$ 5,304,509		$ 5,304,509			$ 5,246,621
Mortgage loans held for sale
Fair Value, Option
Number of loans past due 90 days or more or on nonaccrual | loan	0		0			0
Aggregate fair value	$ 8,526		$ 8,526			$ 3,227
Contractual balance	8,290		8,290			3,168
Unrealized (loss) gain	236		236			$ 59
Total included in earnings	249	48	633	209
Mortgage loans held for sale | Interest Income
Fair Value, Option
Total included in earnings	179	84	456	206
Mortgage loans held for sale | Change In Fair Value
Fair Value, Option
Total included in earnings	$ 70	(36)	$ 177	3
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	$ 6,080		$ 6,080			$ 7,914
Contractual balance	6,120		6,120			7,964
Unrealized (loss) gain	(40)		(40)			$ (50)
Total included in earnings	1,477	1,061	4,005	2,767
Consumer Loans Held For Sale | Interest Income
Fair Value, Option
Total included in earnings	1,464	1,077	3,995	2,790
Consumer Loans Held For Sale | Change In Fair Value
Fair Value, Option
Total included in earnings	$ 13	$ (16)	$ 10	$ (23)

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NON-RECURRING BASIS (Details) - Nonrecurring basis - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value Disclosures
Collateral dependent loans	$ 201	$ 2,479
Other real estate owned	1,212	1,370
Home equity
Fair Value Disclosures
Collateral dependent loans		104
Residential Real Estate
Fair Value Disclosures
Other real estate owned		1,370
Residential Real Estate | Residential Real Estate - Owner Occupied
Fair Value Disclosures
Collateral dependent loans	201	1,580
Commercial real estate
Fair Value Disclosures
Collateral dependent loans		795
Other real estate owned	1,212
Fair Value, Inputs, Level 3
Fair Value Disclosures
Collateral dependent loans	201	2,479
Other real estate owned	1,212	1,370
Fair Value, Inputs, Level 3 | Home equity
Fair Value Disclosures
Collateral dependent loans		104
Fair Value, Inputs, Level 3 | Residential Real Estate
Fair Value Disclosures
Other real estate owned		1,370
Fair Value, Inputs, Level 3 | Residential Real Estate | Residential Real Estate - Owner Occupied
Fair Value Disclosures
Collateral dependent loans	201	1,580
Fair Value, Inputs, Level 3 | Commercial real estate
Fair Value Disclosures
Collateral dependent loans		$ 795
Other real estate owned	$ 1,212

FAIR VALUE - NON-RECURRING LEVE

FAIR VALUE - NON-RECURRING LEVEL 3 MEASUREMENTS (Details) - Fair Value, Inputs, Level 3 - Nonrecurring basis - Sale comparison approach $ in Thousands	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Collateral Dependent Loans | Residential Real Estate | Residential Real Estate - Owner Occupied
Fair value inputs quantitative information
Fair Value	$ 201	$ 1,580
Collateral Dependent Loans | Residential Real Estate | Residential Real Estate - Owner Occupied | Comparability Adjustment
Fair value inputs quantitative information
Adjustments determined by management for difference percentage	0.02
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
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		0.27
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	0.02	0.04
Collateral Dependent Loans | Residential Real Estate | Home equity
Fair value inputs quantitative information
Fair Value		$ 104
Collateral Dependent Loans | Residential Real Estate | Home equity | Comparability Adjustment
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.05
Collateral Dependent Loans | Residential Real Estate | Home equity | Comparability Adjustment | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.05
Collateral Dependent Loans | Commercial real estate
Fair value inputs quantitative information
Fair Value		$ 795
Collateral Dependent Loans | Commercial real estate | Comparability Adjustment
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.11
Collateral Dependent Loans | Commercial real estate | Comparability Adjustment | Weighted Average
Fair value inputs quantitative information
Adjustments determined by management for difference percentage		0.11
Other Real Estate Owned | Commercial real estate
Fair value inputs quantitative information
Fair Value	$ 1,212	$ 1,370
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	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023
Level 3 | Nonrecurring basis
Provision for impairment on loan, lease and other losses
Provisions for collateral-dependent loans	$ 25	$ 56	$ (20)

FAIR VALUE - OTHER REAL ESTATE

FAIR VALUE - OTHER REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Fair Value Disclosures
Total carrying value of other real estate owned	$ 1,212		$ 1,212		$ 1,370
Other real estate owned write-downs during the period			158	$ 158
Nonrecurring basis
Fair Value Disclosures
Other real estate owned write-downs during the period	53	$ 53	154	$ 158
Nonrecurring basis | Other Real Estate Owned
Fair Value Disclosures
Other real estate owned carried at fair value	1,212		1,212		1,370
Total carrying value of other real estate owned	$ 1,212		$ 1,212		$ 1,370

FAIR VALUE - CARRYING AMOUNTS A

FAIR VALUE - CARRYING AMOUNTS AND FV OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Assets:
Available-for-sale debt securities	$ 466,916		$ 591,313
Held-to-maturity debt securities	10,882		76,167
Equity securities with readily determinable fair value	239		174
Mortgage loans held for sale, at fair value	8,526	$ 9,703	3,227	$ 2,711	$ 4,038	$ 1,302
Consumer loans held for sale, at fair value	6,080	8,341	7,914	8,443	5,757	4,706
Consumer loans held for sale, at the lower of cost or fair value	19,801	$ 23,860	16,094	$ 13,529	$ 15,787	$ 13,169
Carrying Value
Assets:
Cash and cash equivalents	530,865		316,567
Available-for-sale debt securities	466,916		591,313
Held-to-maturity debt securities	10,909		76,387
Equity securities with readily determinable fair value	239		174
Mortgage loans held for sale, at fair value	8,526		3,227
Consumer loans held for sale, at fair value	6,080		7,914
Consumer loans held for sale, at the lower of cost or fair value	19,801		16,094
Loans, net	5,214,759		5,157,731
Federal Home Loan Bank stock	23,981		23,770
Accrued interest receivable	17,890		18,447
Mortgage servicing rights	7,052		7,411
Rate lock commitments	535		243
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	80,903		99,530
Federal Home Loan Bank advances	370,000		380,000
Accrued interest payable	5,179		4,073
Rate lock commitments	535		243
Mandatory forward contracts			61
Carrying Value | FHLB Advances
Liabilities:
Interest rate swap agreements	3,960
Carrying Value | Bank clients and institutional swap dealer
Assets:
Interest rate swap agreements	9,073		8,933
Liabilities:
Interest rate swap agreements	9,073		8,933
Carrying Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,260,086		1,676,998
Carrying Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	3,346,099		2,924,114
Carrying Value | Time deposits
Liabilities:
Deposit liabilities, fair value	495,511		452,051
Total Fair Value
Assets:
Cash and cash equivalents	530,865		316,567
Available-for-sale debt securities	466,916		591,313
Held-to-maturity debt securities	10,882		76,167
Equity securities with readily determinable fair value	239		174
Mortgage loans held for sale, at fair value	8,526		3,227
Consumer loans held for sale, at fair value	6,080		7,914
Consumer loans held for sale, at the lower of cost or fair value	19,801		16,094
Loans, net	5,053,585		4,874,974
Accrued interest receivable	17,890		18,447
Mortgage servicing rights	15,753		16,054
Rate lock commitments	535		243
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	80,903		99,530
Federal Home Loan Bank advances	376,509		382,062
Accrued interest payable	5,179		4,073
Rate lock commitments	535		243
Mandatory forward contracts			61
Total Fair Value | FHLB Advances
Liabilities:
Interest rate swap agreements	3,960
Total Fair Value | Bank clients and institutional swap dealer
Assets:
Interest rate swap agreements	9,073		8,933
Liabilities:
Interest rate swap agreements	9,073		8,933
Total Fair Value | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,260,086		1,676,998
Total Fair Value | Transaction deposits
Liabilities:
Deposit liabilities, fair value	3,346,099		2,924,114
Total Fair Value | Time deposits
Liabilities:
Deposit liabilities, fair value	498,513		446,218
Total Fair Value | Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	530,865		316,567
Available-for-sale debt securities	70,069		177,784
Total Fair Value | Fair Value, Inputs, Level 2
Assets:
Available-for-sale debt securities	391,159		407,638
Held-to-maturity debt securities	10,882		76,167
Equity securities with readily determinable fair value	239		174
Mortgage loans held for sale, at fair value	8,526		3,227
Accrued interest receivable	2,425		4,097
Mortgage servicing rights	15,753		16,054
Rate lock commitments	535		243
Liabilities:
Securities sold under agreements to repurchase and other short-term borrowings	80,903		99,530
Federal Home Loan Bank advances	376,509		382,062
Accrued interest payable	5,179		4,073
Rate lock commitments	535		243
Mandatory forward contracts			61
Total Fair Value | Fair Value, Inputs, Level 2 | FHLB Advances
Liabilities:
Interest rate swap agreements	3,960
Total Fair Value | Fair Value, Inputs, Level 2 | Bank clients and institutional swap dealer
Assets:
Interest rate swap agreements	9,073		8,933
Liabilities:
Interest rate swap agreements	9,073		8,933
Total Fair Value | Fair Value, Inputs, Level 2 | Non Interest Bearing Deposits
Liabilities:
Deposit liabilities, fair value	1,260,086		1,676,998
Total Fair Value | Fair Value, Inputs, Level 2 | Transaction deposits
Liabilities:
Deposit liabilities, fair value	3,346,099		2,924,114
Total Fair Value | Fair Value, Inputs, Level 2 | Time deposits
Liabilities:
Deposit liabilities, fair value	498,513		446,218
Total Fair Value | Fair Value, Inputs, Level 3
Assets:
Available-for-sale debt securities	5,688		5,891
Consumer loans held for sale, at fair value	6,080		7,914
Consumer loans held for sale, at the lower of cost or fair value	19,801		16,094
Loans, net	5,053,585		4,874,974
Accrued interest receivable	$ 15,465		$ 14,350

MORTGAGE BANKING ACTIVITIES - M

MORTGAGE BANKING ACTIVITIES - MORTGAGE LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 9,703	$ 4,038	$ 3,227	$ 1,302
Origination of mortgage loans held for sale	57,142	23,860	137,891	53,750
Transferred from held for investment to held for sale			67,176
Proceeds from the sale of mortgage loans held for sale	(59,732)	(25,681)	(202,198)	(53,794)
Net gain (loss) on mortgage loans held for sale	1,413	494	2,430	1,453
Balance, end of period	$ 8,526	$ 2,711	$ 8,526	$ 2,711

MORTGAGE BANKING ACTIVITIES - C

MORTGAGE BANKING ACTIVITIES - COMPONENTS OF INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Mortgage servicing rights
Net gain realized on sale of mortgage loans held for sale	$ 1,325	$ 608	$ 3,010	$ 1,213
Fair value adjustment for correspondent loans reclassified to held for sale			(997)
Net gain (loss) recognized	1,413	494	2,430	1,453
Loan servicing income	1,071	824	2,825	2,546
Amortization of mortgage servicing rights	(422)	(466)	(1,271)	(1,440)
Net servicing income recognized	649	358	1,554	1,106
Total mortgage banking income	2,062	852	3,984	2,559
Mortgage loans held for sale
Mortgage servicing rights
Net change in fair value	70	(36)	177	3
Rate lock loan commitments
Mortgage servicing rights
Net change in fair value	90	(94)	292	93
Mandatory forward contracts
Mortgage servicing rights
Net change in fair value	$ (72)	$ 16	$ (52)	$ 144

MORTGAGE BANKING ACTIVITIES -_2

MORTGAGE BANKING ACTIVITIES - CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
MORTGAGE BANKING ACTIVITIES
Balance, beginning of period	$ 7,030	$ 7,995	$ 7,411	$ 8,770
Additions	445	182	913	381
Amortized to expense	(422)	(466)	(1,271)	(1,440)
Balance, end of period	$ 7,053	$ 7,711	$ 7,053	$ 7,711

MORTGAGE BANKING ACTIVITIES - V

MORTGAGE BANKING ACTIVITIES - VALUATION OF CAPITALIZED MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
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	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
MORTGAGE BANKING ACTIVITIES
Fair value of mortgage servicing rights portfolio	$ 15,753	$ 16,054
Monthly weighted average prepayment rate of unpaid principal balance (as percent)	142%	128%
Discount rate (as percent)	10.05%	10.26%
Weighted average foreclosure rate	0.10%	0.16%
Weighted average life in years	7 years 2 months 23 days	7 years 6 months 7 days

MORTGAGE BANKING ACTIVITIES - N

MORTGAGE BANKING ACTIVITIES - NOTIONAL AMOUNTS AND FV (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Mortgage Banking Derivatives
Mortgage servicing rights
Derivative instruments expiration period	90 days
Mortgage loans held for sale
Information about derivatives and swaps
Derivative Assets, Notional Amount	$ 8,290	$ 3,168
Fair Value, Assets	8,526	3,227
Rate lock loan commitments
Information about derivatives and swaps
Derivative Assets, Notional Amount	23,386	9,275
Fair Value, Assets	535	243
Mandatory forward contracts
Information about derivatives and swaps
Derivative Liabilities, Notional Amount	25,939	9,092
Fair Value, Liabilities	$ 113	$ 61

INTEREST RATE SWAPS (Details)

INTEREST RATE SWAPS (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2024 USD ($) DerivativeInstrument	Sep. 30, 2024 USD ($) DerivativeInstrument
Information about derivatives and swaps
Gains (losses) recognized in OCI on derivative (effective portion)	$ (3,134)	$ (3,580)
Interest rate swap | Cash flow hedge
Information about derivatives and swaps
Number of instruments held | DerivativeInstrument	3	3
Interest rate swaps with Bank clients - Liabilities, Notional Amount	$ 100,000	$ 100,000
Interest rate swap on FHLB advances - Liabilities - Fair Value	(3,960)	(3,960)
Gains (losses) recognized in OCI on derivative (effective portion)		(3,960)
Interest rate swap | Cash flow hedge | Federal Home Loan Bank advances
Information about derivatives and swaps
Interest rate swaps with Bank clients - Liabilities, Notional Amount	$ 100,000	$ 100,000
Pay Rate	4.14%	4.14%
Interest rate swap on FHLB advances - Liabilities - Fair Value	$ (3,960)	$ (3,960)
Gains (losses) recognized in OCI on derivative (effective portion)		(3,960)
Interest (benefit) expense	$ (289)	$ (380)

INTEREST RATE SWAPS - Net gains

INTEREST RATE SWAPS - Net gains (losses) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
INTEREST RATE SWAPS
Gains (losses) recognized in OCI on derivative (effective portion)	$ (3,134)	$ (3,580)
Gains (losses) reclassified from OCI on derivative (effective portion)	$ 289	$ 380

INTEREST RATE SWAPS - Non-hedge

INTEREST RATE SWAPS - Non-hedge (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Information about derivatives and swaps
Interest-bearing	$ 3,841,610,000	$ 3,376,165,000
Cash and Cash Equivalents, at Carrying Value	530,865,000	316,567,000
Interest rate swap | Non-Hedge
Information about derivatives and swaps
Interest rate swaps with Bank clients - Total, Notional Amount	478,828,000	432,524,000
Net loss position in which pledged securities as collateral are required	250,000
Interest rate swap | Non-Hedge | Bank Clients
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	156,162,000	120,442,000
Interest rate swaps with Bank clients - Liabilities, Notional Amount	83,252,000	95,820,000
Interest rate swaps with Bank clients - Total, Notional Amount	239,414,000	216,262,000
Interest rate swaps with Bank clients - Assets	5,803,000	4,066,000
Interest rate swaps with Bank clients - Liabilities	(3,270,000)	(4,867,000)
Interest rate swaps with Bank clients - Total, Fair Value	2,533,000	(801,000)
Interest rate swap | Non-Hedge | Counterparty
Information about derivatives and swaps
Interest rate swaps with Bank clients - Assets, Notional Amount	83,252,000	95,820,000
Interest rate swaps with Bank clients - Liabilities, Notional Amount	156,162,000	120,442,000
Interest rate swaps with Bank clients - Total, Notional Amount	239,414,000	216,262,000
Offsetting interest rate swaps with institutional swap dealer - Assets, Fair Value	3,270,000	4,867,000
Offsetting interest rate swaps with institutional swap dealer - Liabilities, Fair Value	(5,803,000)	(4,066,000)
Offsetting interest rate swaps with institutional swap dealer - Total, Fair Value	(2,533,000)	801,000
Interest rate swap | Non-Hedge | Counterparty | Asset Pledged as Collateral
Information about derivatives and swaps
Interest-bearing	0	1,900,000
Cash and Cash Equivalents, at Carrying Value	$ 6,800,000	$ 1,000,000

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
EARNINGS PER SHARE
Net Income (Loss)	$ 26,543	$ 21,571	$ 82,355	$ 70,715
Dividends, Common Stock [Abstract]
Undistributed net income for basic earnings per share	18,740	14,382	58,978	48,941
Weighted average potential dividends on Class A shares upon exercise of dilutive options	(33)	(25)	(88)	(62)
Undistributed net income for diluted earnings per share	$ 18,707	$ 14,357	$ 58,890	$ 48,879
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Effect of dilutive securities on Class A Shares outstanding	81,000	68,000	72,000	55,000
Weighted average shares outstanding including dilutive securities	19,735,000	19,774,000	19,709,000	19,910,000
Employee Stock Option
Diluted earnings per share:
Antidilutive stock options (in shares)		121,781	22,388	193,398
Employee Stock Option | Weighted Average
Diluted earnings per share:
Antidilutive stock options (in shares)		117,998	22,388	193,398
Class A Common Stock
EARNINGS PER SHARE
Cash dividend premium per share (as a percent)			10%
Dividends, Common Stock [Abstract]
Dividends declared on Common Stock	$ (7,007)	$ (6,456)	$ (20,989)	$ (19,574)
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted average shares outstanding	17,504,000	17,549,000	17,487,000	17,697,000
Basic earnings per share:
Per share dividends distributed	$ 0.41	$ 0.37	$ 1.22	$ 1.12
Undistributed earnings per share	0.96	0.74	3.03	2.49
Total basic earnings per share	1.37	1.11	4.25	3.61
Diluted earnings per share:
Per share dividends distributed	0.41	0.37	1.22	1.12
Undistributed earnings per share	0.96	0.73	3.02	2.48
Total diluted earnings per share	$ 1.37	$ 1.10	$ 4.24	$ 3.60
Class B Common Stock
Dividends, Common Stock [Abstract]
Dividends declared on Common Stock	$ (796)	$ (733)	$ (2,388)	$ (2,200)
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted average shares outstanding	2,150,000	2,157,000	2,150,000	2,158,000
Basic earnings per share:
Per share dividends distributed	$ 0.37	$ 0.34	$ 1.11	$ 1.02
Undistributed earnings per share	0.88	0.67	2.76	2.26
Total basic earnings per share	1.25	1.01	3.87	3.28
Diluted earnings per share:
Per share dividends distributed	0.37	0.34	1.11	1.02
Undistributed earnings per share	0.87	0.67	2.74	2.25
Total diluted earnings per share	$ 1.24	$ 1.01	$ 3.85	$ 3.27

OTHER COMPREHENSIVE INCOME - CO

OTHER COMPREHENSIVE INCOME - COMPONENTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Available-for-Sale Debt Securities:
Unrealized gain (loss) on AFS debt securities	$ 9,503	$ 1,017	$ 12,195	$ 1,839
Net gains (losses)	9,503	1,017	12,195	1,839
Tax effect	(2,376)	(250)	(3,050)	(461)
Net of tax	7,127	767	9,145	1,378
Derivatives:
Change in fair value of derivatives	(3,134)		(3,580)
Reclassification amount for net derivative losses realized in income	(289)		(380)
Net gains (losses)	(3,423)		(3,960)
Tax effect	856		990
Net of tax	(2,567)		(2,970)
Total other comprehensive income (loss), net of tax	$ 4,560	$ 767	$ 6,175	$ 1,378

OTHER COMPREHENSIVE INCOME - AO

OTHER COMPREHENSIVE INCOME - AOCI Changes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Summary of the AOCI balances, net of tax
Balance at beginning of period	$ 955,423	$ 886,971	$ 912,756	$ 856,613
Current year change	4,560	767	6,175	1,378
Balance at end of period	979,705	893,400	979,705	893,400
Accumulated Other Comprehensive Income (Loss)
Summary of the AOCI balances, net of tax
Balance at beginning of period	(18,793)	(31,368)	(20,408)	(31,979)
Current year change			6,175	1,378
Balance at end of period	(14,233)	(30,601)	(14,233)	(30,601)
Unrealized gain (loss) on AFS debt securities
Summary of the AOCI balances, net of tax
Balance at beginning of period			(20,408)	(31,979)
Current year change			9,145	1,378
Balance at end of period	(11,263)	$ (30,601)	(11,263)	$ (30,601)
Unrealized gain (loss) on derivatives
Summary of the AOCI balances, net of tax
Current year change			(2,970)
Balance at end of period	$ (2,970)		$ (2,970)

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue recognition
Net interest income	$ 71,305	$ 64,825	$ 236,760	$ 221,996
NONINTEREST INCOME:
Mortgage banking income	2,062	852	3,984	2,559
Program fees	4,962	4,041	13,539	11,021
Increase in cash surrender value of BOLI	826	690	2,372	2,014
Death benefits in excess of cash surrender value of life insurance				1,728
Total noninterest income	16,813	14,345	58,532	56,677
Total net revenue	$ 88,118	$ 79,170	$ 295,292	$ 278,673
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	$ 54,603	$ 49,960	$ 157,948	$ 153,600
NONINTEREST INCOME:
Mortgage banking income	2,062	852	3,984	2,559
Increase in cash surrender value of BOLI	826	690	2,372	2,014
Death benefits in excess of cash surrender value of life insurance				1,728
Total noninterest income	11,094	9,952	29,463	29,709
Total net revenue	$ 65,697	$ 59,912	$ 187,411	$ 183,309
Net-revenue concentration (as percent)	75%	76%	64%	66%
Traditional Banking
Revenue recognition
Net interest income	$ 51,023	$ 47,493	$ 149,197	$ 146,404
NONINTEREST INCOME:
Mortgage banking income	2,062	852	3,984	2,559
Increase in cash surrender value of BOLI	826	690	2,372	2,014
Death benefits in excess of cash surrender value of life insurance				1,728
Total noninterest income	11,078	9,941	29,421	29,676
Total net revenue	$ 62,101	$ 57,434	$ 178,618	$ 176,080
Net-revenue concentration (as percent)	71%	73%	61%	63%
Warehouse Lending
Revenue recognition
Net interest income	$ 3,580	$ 2,467	$ 8,751	$ 7,196
NONINTEREST INCOME:
Total noninterest income	16	11	42	33
Total net revenue	$ 3,596	$ 2,478	$ 8,793	$ 7,229
Net-revenue concentration (as percent)	4%	3%	3%	3%
Republic Processing Group
Revenue recognition
Net interest income	$ 16,702	$ 14,865	$ 78,812	$ 68,396
NONINTEREST INCOME:
Program fees	4,962	4,041	13,539	11,021
Total noninterest income	5,719	4,393	29,069	26,968
Total net revenue	$ 22,421	$ 19,258	$ 107,881	$ 95,364
Net-revenue concentration (as percent)	25%	24%	36%	34%
Tax Refund Solutions
Revenue recognition
Net interest income	$ 440	$ 401	$ 32,173	$ 28,778
NONINTEREST INCOME:
Total noninterest income	609	314	15,378	15,842
Total net revenue	$ 1,049	$ 715	$ 47,551	$ 44,620
Net-revenue concentration (as percent)	1%	1%	16%	16%
Republic Payment Solutions
Revenue recognition
Net interest income	$ 2,783	$ 4,124	$ 9,221	$ 11,522
NONINTEREST INCOME:
Program fees	786	705	2,319	2,140
Total noninterest income	933	715	2,468	2,152
Total net revenue	$ 3,716	$ 4,839	$ 11,689	$ 13,674
Net-revenue concentration (as percent)	4%	6%	4%	5%
Republic Credit Solutions
Revenue recognition
Net interest income	$ 13,479	$ 10,340	$ 37,418	$ 28,096
NONINTEREST INCOME:
Program fees	4,176	3,336	11,220	8,881
Total noninterest income	4,177	3,364	11,223	8,974
Total net revenue	$ 17,656	$ 13,704	$ 48,641	$ 37,070
Net-revenue concentration (as percent)	20%	17%	16%	13%
Service charges on deposit accounts
NONINTEREST INCOME:
Revenue under 606	$ 3,693	$ 3,559	$ 10,532	$ 10,385
Service charges on deposit accounts | Core Banking Activities
NONINTEREST INCOME:
Revenue under 606	3,692	3,558	10,530	10,384
Service charges on deposit accounts | Traditional Banking
NONINTEREST INCOME:
Revenue under 606	3,676	3,547	10,488	10,351
Service charges on deposit accounts | Warehouse Lending
NONINTEREST INCOME:
Revenue under 606	16	11	42	33
Service charges on deposit accounts | Republic Processing Group
NONINTEREST INCOME:
Revenue under 606	1	1	2	1
Service charges on deposit accounts | Republic Credit Solutions
NONINTEREST INCOME:
Revenue under 606	1	1	2	1
Net refund transfer fees
NONINTEREST INCOME:
Revenue under 606	582	242	15,213	15,528
Net refund transfer fees | Republic Processing Group
NONINTEREST INCOME:
Revenue under 606	582	242	15,213	15,528
Net refund transfer fees | Tax Refund Solutions
NONINTEREST INCOME:
Revenue under 606	582	242	15,213	15,528
Interchange fee income
NONINTEREST INCOME:
Revenue under 606	3,286	3,282	9,794	9,752
Interchange fee income | Core Banking Activities
NONINTEREST INCOME:
Revenue under 606	3,267	3,258	9,697	9,639
Interchange fee income | Traditional Banking
NONINTEREST INCOME:
Revenue under 606	3,267	3,258	9,697	9,639
Interchange fee income | Republic Processing Group
NONINTEREST INCOME:
Revenue under 606	19	24	97	113
Interchange fee income | Tax Refund Solutions
NONINTEREST INCOME:
Revenue under 606	19	22	94	109
Interchange fee income | Republic Payment Solutions
NONINTEREST INCOME:
Revenue under 606		1	2	3
Interchange fee income | Republic Credit Solutions
NONINTEREST INCOME:
Revenue under 606		1	1	1
Net losses on other real estate owned
NONINTEREST INCOME:
Revenue under 606	(53)	(53)	(154)	(158)
Net losses on other real estate owned | Core Banking Activities
NONINTEREST INCOME:
Revenue under 606	(53)	(53)	(154)	(158)
Net losses on other real estate owned | Traditional Banking
NONINTEREST INCOME:
Revenue under 606	(53)	(53)	(154)	(158)
Other
NONINTEREST INCOME:
Revenue under 606	1,455	1,732	3,252	3,848
Other | Core Banking Activities
NONINTEREST INCOME:
Revenue under 606	1,300	1,647	3,034	3,543
Other | Traditional Banking
NONINTEREST INCOME:
Revenue under 606	1,300	1,647	3,034	3,543
Other | Republic Processing Group
NONINTEREST INCOME:
Revenue under 606	155	85	218	305
Other | Tax Refund Solutions
NONINTEREST INCOME:
Revenue under 606	8	50	71	205
Other | Republic Payment Solutions
NONINTEREST INCOME:
Revenue under 606	$ 147	9	$ 147	9
Other | Republic Credit Solutions
NONINTEREST INCOME:
Revenue under 606		$ 26		$ 91

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) segment	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Segment Disclosure information
Number of reportable segments | segment			5
Segment information
Net interest income	$ 71,305	$ 64,825	$ 236,760	$ 221,996
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	5,660	3,730	41,425	36,635
Mortgage banking income	2,062	852	3,984	2,559
Program fees	4,962	4,041	13,539	11,021
Death benefits in excess of cash surrender value of life insurance				1,728
Other noninterest income	9,207	9,210	25,796	25,841
Total noninterest income	16,813	14,345	58,532	56,677
Total noninterest expense	48,609	48,368	149,214	152,344
INCOME BEFORE INCOME TAX EXPENSE	33,849	27,072	104,653	89,694
Income tax expense (benefit)	7,306	5,501	22,298	18,979
NET INCOME	26,543	21,571	82,355	70,715
Period-end assets	$ 6,692,470	$ 6,386,475	$ 6,692,470	$ 6,386,475	$ 6,594,891
Net interest margin (as percent)	4.49%	4.35%	4.92%	5.09%
Net-revenue concentration (as percent)	100%	100%	100%	100%
Core Banking Activities
Segment Disclosure information
Number of reportable segments | segment			2
Segment information
Net interest income	$ 54,603	$ 49,960	$ 157,948	$ 153,600
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	1,605	1,364	3,401	6,545
Mortgage banking income	2,062	852	3,984	2,559
Death benefits in excess of cash surrender value of life insurance				1,728
Other noninterest income	9,032	9,100	25,479	25,422
Total noninterest income	11,094	9,952	29,463	29,709
Total noninterest expense	42,155	42,140	127,066	131,997
INCOME BEFORE INCOME TAX EXPENSE	21,937	16,408	56,944	44,767
Income tax expense (benefit)	4,773	3,213	11,648	9,120
NET INCOME	17,164	13,195	45,296	35,647
Period-end assets	$ 6,154,981	$ 5,848,647	$ 6,154,981	$ 5,848,647
Net interest margin (as percent)	3.53%	3.43%	3.43%	3.68%
Net-revenue concentration (as percent)	75%	76%	64%	66%
Traditional Banking
Segment information
Net interest income	$ 51,023	$ 47,493	$ 149,197	$ 146,404
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	1,489	1,567	2,762	6,411
Mortgage banking income	2,062	852	3,984	2,559
Death benefits in excess of cash surrender value of life insurance				1,728
Other noninterest income	9,016	9,089	25,437	25,389
Total noninterest income	11,078	9,941	29,421	29,676
Total noninterest expense	41,266	41,500	124,372	129,381
INCOME BEFORE INCOME TAX EXPENSE	19,346	14,367	51,484	40,288
Income tax expense (benefit)	4,189	2,757	10,417	8,119
NET INCOME	15,157	11,610	41,067	32,169
Period-end assets	$ 5,559,357	$ 5,390,105	$ 5,559,357	$ 5,390,105
Net interest margin (as percent)	3.61%	3.52%	3.49%	3.78%
Net-revenue concentration (as percent)	71%	73%	61%	63%
Warehouse Lending
Segment information
Net interest income	$ 3,580	$ 2,467	$ 8,751	$ 7,196
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	116	(203)	639	134
Other noninterest income	16	11	42	33
Total noninterest income	16	11	42	33
Total noninterest expense	889	640	2,694	2,616
INCOME BEFORE INCOME TAX EXPENSE	2,591	2,041	5,460	4,479
Income tax expense (benefit)	584	456	1,231	1,001
NET INCOME	2,007	1,585	4,229	3,478
Period-end assets	$ 595,624	$ 458,542	$ 595,624	$ 458,542
Net interest margin (as percent)	2.70%	2.33%	2.64%	2.37%
Net-revenue concentration (as percent)	4%	3%	3%	3%
Republic Processing Group
Segment Disclosure information
Number of reportable segments | segment			3
Segment information
Net interest income	$ 16,702	$ 14,865	$ 78,812	$ 68,396
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	4,055	2,366	38,024	30,090
Program fees	4,962	4,041	13,539	11,021
Other noninterest income	175	110	317	419
Total noninterest income	5,719	4,393	29,069	26,968
Total noninterest expense	6,454	6,228	22,148	20,347
INCOME BEFORE INCOME TAX EXPENSE	11,912	10,664	47,709	44,927
Income tax expense (benefit)	2,533	2,288	10,650	9,859
NET INCOME	9,379	8,376	37,059	35,068
Period-end assets	$ 537,489	$ 537,828	$ 537,489	$ 537,828
Net-revenue concentration (as percent)	25%	24%	36%	34%
Tax Refund Solutions
Segment information
Net interest income	$ 440	$ 401	$ 32,173	$ 28,778
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	(2,310)	(1,967)	22,282	19,622
Other noninterest income	27	72	165	314
Total noninterest income	609	314	15,378	15,842
Total noninterest expense	2,251	2,242	8,787	9,184
INCOME BEFORE INCOME TAX EXPENSE	1,108	440	16,482	15,814
Income tax expense (benefit)	189	22	3,699	3,401
NET INCOME	919	418	12,783	12,413
Period-end assets	$ 26,503	$ 32,747	$ 26,503	$ 32,747
Net-revenue concentration (as percent)	1%	1%	16%	16%
Republic Payment Solutions
Segment information
Net interest income	$ 2,783	$ 4,124	$ 9,221	$ 11,522
Program fees	786	705	2,319	2,140
Other noninterest income	147	10	149	12
Total noninterest income	933	715	2,468	2,152
Total noninterest expense	947	874	2,919	2,723
INCOME BEFORE INCOME TAX EXPENSE	2,769	3,965	8,770	10,951
Income tax expense (benefit)	595	874	1,930	2,427
NET INCOME	2,174	3,091	6,840	8,524
Period-end assets	$ 367,857	$ 370,986	$ 367,857	$ 370,986
Net interest margin (as percent)	4.91%	4.97%	5.01%	4.43%
Net-revenue concentration (as percent)	4%	6%	4%	5%
Republic Credit Solutions
Segment information
Net interest income	$ 13,479	$ 10,340	$ 37,418	$ 28,096
Provision for expected credit loss expense for on-balance sheet exposures (loans and investment securities)	6,365	4,333	15,742	10,468
Program fees	4,176	3,336	11,220	8,881
Other noninterest income	1	28	3	93
Total noninterest income	4,177	3,364	11,223	8,974
Total noninterest expense	3,256	3,112	10,442	8,440
INCOME BEFORE INCOME TAX EXPENSE	8,035	6,259	22,457	18,162
Income tax expense (benefit)	1,749	1,392	5,021	4,031
NET INCOME	6,286	4,867	17,436	14,131
Period-end assets	$ 143,129	$ 134,095	$ 143,129	$ 134,095
Net-revenue concentration (as percent)	20%	17%	16%	13%
Net refund transfer fees
Segment information
Revenue under 606	$ 582	$ 242	$ 15,213	$ 15,528
Net refund transfer fees | Republic Processing Group
Segment information
Revenue under 606	582	242	15,213	15,528
Net refund transfer fees | Tax Refund Solutions
Segment information
Revenue under 606	$ 582	$ 242	$ 15,213	$ 15,528

LOW INCOME HOUSING TAX CREDIT_3

LOW INCOME HOUSING TAX CREDIT INVESTMENTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Investments
Low-income housing tax credit - Gross	$ 67,614		$ 67,614		$ 57,596
Life-to-date amortization	(20,699)		(20,699)		(15,904)
Low income housing tax credit - Net	46,915		46,915		41,692
Unfunded Obligations
Low income housing tax credit - Gross	59,598		59,598		58,619
Low income housing tax credit - Net	59,598		59,598		$ 58,619
Amortization expense	1,616	$ 1,407	4,795	$ 4,305
Tax credits recognized	$ (2,363)	$ (2,027)	$ (7,215)	$ (5,860)