SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2018

SEGMENT INFORMATION

Segment Information

	Three Months Ended March 31, 2018
	Core Banking												Republic Processing Group ("RPG")
										Total			Tax			Republic
	Traditional			Warehouse			Mortgage			Core			Refund			Credit			Total			Total
(dollars in thousands)	Banking			Lending			Banking			Banking			Solutions			Solutions			RPG			Company
Net interest income	$	38,188		$	3,591		$	72		$	41,851		$	18,686		$	7,128		$	25,814		$	67,665
Provision for loan and lease losses		939			21			—			960			13,389			2,906			16,295			17,255
Net refund transfer fees		—			—			—			—			16,352			—			16,352			16,352
Mortgage banking income		—			—			1,020			1,020			—			—			—			1,020
Program fees		—			—			—			—			59			1,637			1,696			1,696
Other noninterest income		7,002			8			38			7,048			1,110			319			1,429			8,477
Total noninterest income		7,002			8			1,058			8,068			17,521			1,956			19,477			27,545
Total noninterest expense		33,392			839			1,204			35,435			6,525			1,085			7,610			43,045
Income (loss) before income tax expense		10,859			2,739			(74)			13,524			16,293			5,093			21,386			34,910
Total income tax expense (benefit)		1,772			627			(16)			2,383			3,854			1,204			5,058			7,441
Net income (loss)	$	9,087		$	2,112		$	(58)		$	11,141		$	12,439		$	3,889		$	16,328		$	27,469
Period-end total assets	$	4,344,341		$	534,545		$	9,864		$	4,888,750		$	129,395		$	60,189		$	189,584		$	5,078,334
Net interest margin		3.59	%		3.21	%		NM			3.55	%		NM			NM			NM			5.50	%
Net-revenue concentration*		47	%		4	%		1	%		52	%		38	%		10	%		48	%		100	%

	Three Months Ended March 31, 2017
	Core Banking												Republic Processing Group ("RPG")
										Total			Tax			Republic
	Traditional			Warehouse			Mortgage			Core			Refund			Credit			Total			Total
(dollars in thousands)	Banking			Lending			Banking			Banking			Solutions			Solutions			RPG			Company
Net interest income	$	32,661		$	3,900		$	67		$	36,628		$	14,962		$	4,848		$	19,810		$	56,438
Provision for loan and lease losses		467			(226)			—			241			8,341			3,769			12,110			12,351
Net refund transfer fees		—			—			—			—			15,382			—			15,382			15,382
Mortgage banking income		—			—			1,160			1,160			—			—			—			1,160
Program fees		—			—			—			—			(17)			1,108			1,091			1,091
Other noninterest income		6,519			6			12			6,537			68			685			753			7,290
Total noninterest income		6,519			6			1,172			7,697			15,433			1,793			17,226			24,923
Total noninterest expense		30,088			777			1,214			32,079			6,069			791			6,860			38,939
Income before income tax expense		8,625			3,355			25			12,005			15,985			2,081			18,066			30,071
Income tax expense		2,262			1,227			9			3,498			5,801			755			6,556			10,054
Net income	$	6,363		$	2,128		$	16		$	8,507		$	10,184		$	1,326		$	11,510		$	20,017
Period-end total assets	$	4,017,173		$	493,127		$	15,080		$	4,525,380		$	108,858		$	30,554		$	139,412		$	4,664,792
Net interest margin		3.30	%		3.57	%		NM			3.33	%		NM			NM			NM			4.99	%
Net-revenue concentration*		48	%		5	%		2	%		55	%		37	%		8	%		45	%		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.