DEPOSITS

6 Months Ended

Jun. 30, 2021

DEPOSITS

DEPOSITS

5. DEPOSITS

The composition of the deposit portfolio follows:

(in thousands)	June 30, 2021		December 31, 2020
Core Bank:
Demand	$	1,231,449	$	1,217,263
Money market accounts		810,307		712,824
Savings		281,164		236,335
Individual retirement accounts (1)		46,694		47,889
Time deposits, $250 and over (1)		78,702		83,448
Other certificates of deposit (1)		171,995		199,214
Reciprocal money market and time deposits (1)		301,384		314,109
Brokered deposits (1)		30,000		25,010
Total Core Bank interest-bearing deposits		2,951,695		2,836,092
Total Core Bank noninterest-bearing deposits		1,622,279		1,503,662
Total Core Bank deposits		4,573,974		4,339,754
Republic Processing Group:
Money market accounts		3,450		6,673
Total RPG interest-bearing deposits		3,450		6,673
Brokered prepaid card deposits		334,967		257,856
Other noninterest-bearing deposits		58,203		110,021
Total RPG noninterest-bearing deposits		393,170		367,877
Total RPG deposits		396,620		374,550
Deposits of discontinued operations (2)		46,984		18,877
Total deposits	$	5,017,578	$	4,733,181

(1) Includes time deposit

(2) See additional detail regarding the Bank’s agreement to sell TRS under Footnote 17 “Discontinued Operations” in this section of the filing.