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DEPOSITS
3 Months Ended
Mar. 31, 2018
DEPOSITS  
DEPOSITS

5. DEPOSITS

 

Ending deposit balances at March 31, 2018 and December 31, 2017 were as follows:

 

 

 

 

 

 

 

 

 

(in thousands)

    

March 31, 2018

    

December 31, 2017

 

 

 

 

 

 

 

 

 

Core Bank:

 

 

 

 

 

 

 

Demand

 

$

952,510

 

$

944,812

 

Money market accounts

 

 

587,162

 

 

546,998

 

Brokered money market accounts

 

 

366,060

 

 

373,242

 

Savings

 

 

191,423

 

 

182,800

 

Individual retirement accounts*

 

 

49,006

 

 

47,982

 

Time deposits, $250 and over*

 

 

77,234

 

 

77,891

 

Other certificates of deposit*

 

 

202,834

 

 

189,661

 

Brokered certificates of deposit*

 

 

48,626

 

 

46,089

 

Total Core Bank interest-bearing deposits

 

 

2,474,855

 

 

2,409,475

 

Total Core Bank noninterest-bearing deposits

 

 

1,065,902

 

 

988,537

 

Total Core Bank deposits

 

 

3,540,757

 

 

3,398,012

 

 

 

 

 

 

 

 

 

Republic Processing Group ("RPG"):

 

 

 

 

 

 

 

Money market accounts

 

 

1,641

 

 

1,641

 

Total RPG interest-bearing deposits

 

 

1,641

 

 

1,641

 

 

 

 

 

 

 

 

 

Brokered prepaid card deposits

 

 

22,022

 

 

1,509

 

Other noninterest-bearing deposits

 

 

153,203

 

 

31,996

 

Total RPG noninterest-bearing deposits

 

 

175,225

 

 

33,505

 

Total RPG deposits

 

 

176,866

 

 

35,146

 

 

 

 

 

 

 

 

 

Total deposits

 

$

3,717,623

 

$

3,433,158

 


*Represents a time deposit.