SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2013

SEGMENT INFORMATION

Segment Information

	Year Ended December 31, 2013
						Republic
	Traditional			Mortgage		Processing			Total
(dollars in thousands)	Banking			Banking		Group			Company
Net interest income	$	112,556		$	471	$	148		$	113,175
Provision for loan losses	3,828			—		(845		)	2,983
Net refund transfer fees	—			—		13,884			13,884
Mortgage banking income	—			7,258		—			7,258
Bargain purchase gain - FCB	1,324			—		—			1,324
Other non interest income	24,497			131		875			25,503
Total non interest income	25,821			7,389		14,759			47,969
Total non interest expenses	98,064			3,418		16,181			117,663
Income (loss) before income tax expense	36,485			4,442		(429		)	40,498
Income tax expense	12,557			1,555		963			15,075
Net income (loss)	$	23,928		$	2,887	$	(1,392	)	$	25,423
Segment end of period total assets	$	3,354,850		$	9,307	$	7,747		$	3,371,904
Net interest margin	3.51		%	NM		NM			3.48		%

	Year Ended December 31, 2012
						Republic
	Traditional			Mortgage		Processing		Total
(dollars in thousands)	Banking			Banking		Group		Company
Net interest income	$	114,831		$	400	$	45,424	$	160,655
Provision for loan losses	8,167			—		6,876		15,043
Net refund transfer fees	—			—		78,304		78,304
Mortgage banking income	—			8,447		—		8,447
Net gain on sales, calls and impairment of securities	56			—		—		56
Bargain purchase gain - TCB	27,614			—		—		27,614
Bargain purchase gain - FCB	27,824			—		—		27,824
Other non interest income	22,574			39		220		22,833
Total non interest income	78,068			8,486		78,524		165,078
Total non interest expenses	100,380			3,842		22,523		126,745
Income before income tax expense	84,352			5,044		94,549		183,945
Income tax expense	29,178			1,765		33,663		64,606
Net income	$	55,174		$	3,279	$	60,886	$	119,339
Segment end of period total assets	$	3,371,934		$	15,752	$	6,713	$	3,394,399
Net interest margin	3.64		%	NM		NM		4.82		%

	Year Ended December 31, 2011
						Republic
	Traditional			Mortgage		Processing		Total
(dollars in thousands)	Banking			Banking		Group		Company
Net interest income	$	105,346		$	401	$	59,113	$	164,860
Provision for loan losses	6,406			—		11,560		17,966
Net refund transfer fees	—			—		88,195		88,195
Mortgage banking income	—			3,899		—		3,899
Net gain on sales, calls and impairment of securities	2,006			—		—		2,006
Other non interest income	25,089			78		357		25,524
Total non interest income	27,095			3,977		88,552		119,624
Total non interest expenses	87,389			3,849		31,083		122,321
Income before income tax expense	38,646			529		105,022		144,197
Income tax expense	12,183			185		37,680		50,048
Net income	$	26,463		$	344	$	67,342	$	94,149
Segment end of period total assets	$	3,099,426		$	10,880	$	309,685	$	3,419,991
Net interest margin	3.55		%	NM		NM		5.09		%

Segment assets are reported as of the respective period ends while income and margin data are reported for the respective periods.

NM — Not Meaningful