REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

6 Months Ended

Jun. 30, 2020

REVENUE FROM CONTRACTS WITH CUSTOMERS

Schedule of net revenues by reportable segments

	Three Months Ended June 30, 2020
	Core Banking												Republic Processing Group
										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(1)	$	39,035		$	6,063		$	419		$	45,517		$	1,081		$	5,607		$	6,688		$	52,205
Noninterest income:
Service charges on deposit accounts		2,438			17			—			2,455			(4)			—			(4)			2,451
Net refund transfer fees		—			—			—			—			2,913			—			2,913			2,913
Mortgage banking income(1)		—			—			8,398			8,398			—			—			—			8,398
Interchange fee income		2,724			—			—			2,724			84			—			84			2,808
Program fees(1)		—			—			—			—			618			520			1,138			1,138
Increase in cash surrender value of BOLI(1)		395			—			—			395			—			—			—			395
Net gains (losses) on OREO		1			—			—			1			—			—			—			1
Other		568			—			8			576			71			—			71			647
Total noninterest income		6,126			17			8,406			14,549			3,682			520			4,202			18,751
Total net revenue	$	45,161		$	6,080		$	8,825		$	60,066		$	4,763		$	6,127		$	10,890		$	70,956
Net-revenue concentration(2)		63	%		9	%		12	%		84	%		7	%		9	%		16	%		100	%

	Three Months Ended June 30, 2019
	Core Banking												Republic Processing Group
										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(1)	$	41,877		$	3,957		$	170		$	46,004		$	710		$	7,232		$	7,942		$	53,946
Noninterest income:
Service charges on deposit accounts		3,585			13			—			3,598			—			—			—			3,598
Net refund transfer fees		—			—			—			—			3,629			—			3,629			3,629
Mortgage banking income(1)		—			—			2,416			2,416			—			—			—			2,416
Interchange fee income		3,168			—			—			3,168			89			—			89			3,257
Program fees(1)		—			—			—			—			50			987			1,037			1,037
Increase in cash surrender value of BOLI(1)		377			—			—			377			—			—			—			377
Net gains (losses) on OREO		90			—			—			90			—			—			—			90
Other		633			—			56			689			—			32			32			721
Total noninterest income		7,853			13			2,472			10,338			3,768			1,019			4,787			15,125
Total net revenue	$	49,730		$	3,970		$	2,642		$	56,342		$	4,478		$	8,251		$	12,729		$	69,071
Net-revenue concentration(2)		72	%		6	%		4	%		82	%		6	%		12	%		18	%		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.

	Six Months Ended June 30, 2020
	Core Banking												Republic Processing Group
										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(1)	$	79,656		$	10,370		$	632		$	90,658		$	21,606		$	12,679		$	34,285		$	124,943
Noninterest income:
Service charges on deposit accounts		5,576			28			—			5,604			(17)			—			(17)			5,587
Net refund transfer fees		—			—			—			—			18,736			—			18,736			18,736
Mortgage banking income(1)		—			—			13,193			13,193			—			—			—			13,193
Interchange fee income		5,217			—			—			5,217			143			—			143			5,360
Program fees(1)		—			—			—			—			930			2,832			3,762			3,762
Increase in cash surrender value of BOLI(1)		784			—			—			784			—			—			—			784
Net gains (losses) on OREO		4			—			—			4			—			—			—			4
Other		1,780			—			32			1,812			82			—			82			1,894
Total noninterest income		13,361			28			13,225			26,614			19,874			2,832			22,706			49,320
Total net revenue	$	93,017		$	10,398		$	13,857		$	117,272		$	41,480		$	15,511		$	56,991		$	174,263
Net-revenue concentration(2)		53	%		6	%		8	%		67	%		24	%		9	%		33	%		100	%

	Six Months Ended June 30, 2019
	Core Banking												Republic Processing Group
										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(1)	$	83,224		$	6,852		$	272		$	90,348		$	21,148		$	14,749		$	35,897		$	126,245
Noninterest income:
Service charges on deposit accounts		6,878			23			—			6,901			—			—			—			6,901
Net refund transfer fees		—			—			—			—			20,729			—			20,729			20,729
Mortgage banking income(1)		—			—			3,955			3,955			—			—			—			3,955
Interchange fee income		5,794			—			—			5,794			220			—			220			6,014
Program fees(1)		—			—			—			—			196			1,915			2,111			2,111
Increase in cash surrender value of BOLI(1)		759			—			—			759			—			—			—			759
Net gains (losses) on OREO		220			—			—			220			—			—			—			220
Other		1,098			—			96			1,194			—			659			659			1,853
Total noninterest income		14,749			23			4,051			18,823			21,145			2,574			23,719			42,542
Total net revenue	$	97,973		$	6,875		$	4,323		$	109,171		$	42,293		$	17,323		$	59,616		$	168,787
Net-revenue concentration(2)		58	%		4	%		3	%		65	%		25	%		10	%		35	%		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.