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DEPOSITS (Tables)
9 Months Ended
Sep. 30, 2019
DEPOSITS  
Ending deposit balances

 

 

 

 

 

 

 

 

(in thousands)

    

September 30, 2019

    

December 31, 2018

 

 

 

 

 

 

 

 

 

Core Bank:

 

 

 

 

 

 

 

Demand

 

$

941,661

 

$

937,402

 

Money market accounts

 

 

785,563

 

 

717,954

 

Savings

 

 

173,396

 

 

187,868

 

Individual retirement accounts (1)

 

 

53,101

 

 

53,524

 

Time deposits, $250 and over (1)

 

 

85,789

 

 

84,104

 

Other certificates of deposit (1)

 

 

259,686

 

 

239,324

 

Reciprocal money market and time deposits (1)

 

 

234,043

 

 

217,153

 

Brokered deposits (1)

 

 

166,355

 

 

9,394

 

Total Core Bank interest-bearing deposits

 

 

2,699,594

 

 

2,446,723

 

Total Core Bank noninterest-bearing deposits

 

 

985,380

 

 

971,422

 

Total Core Bank deposits

 

 

3,684,974

 

 

3,418,145

 

 

 

 

 

 

 

 

 

Republic Processing Group:

 

 

 

 

 

 

 

Money market accounts

 

 

3,605

 

 

5,453

 

Total RPG interest-bearing deposits

 

 

3,605

 

 

5,453

 

 

 

 

 

 

 

 

 

Brokered prepaid card deposits

 

 

8,931

 

 

4,350

 

Other noninterest-bearing deposits

 

 

37,242

 

 

28,197

 

Total RPG noninterest-bearing deposits

 

 

46,173

 

 

32,547

 

Total RPG deposits

 

 

49,778

 

 

38,000

 

 

 

 

 

 

 

 

 

Deposits held for assumption in connection with sale of banking centers (2)

 

 

142,384

 

 

 —

 

 

 

 

 

 

 

 

 

Total deposits

 

$

3,877,136

 

$

3,456,145

 


(1)

Includes time deposits.

(2)

See Note 18 “Agreement to Sell Four Banking Centers” in this section of the filing.