REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

12 Months Ended

Dec. 31, 2021

REVENUE FROM CONTRACTS WITH CUSTOMERS

Schedule of net revenues by reportable segments

	Year Ended December 31, 2021
	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)	$	157,249		$	25,218		$	1,081		$	183,548		$	15,837		$	21,209		$	37,046		$	220,594
Noninterest income:
Service charges on deposit accounts		12,506			57			—			12,563			(10)			—			(10)			12,553
Net refund transfer fees		—			—			—			—			20,248			—			20,248			20,248
Mortgage banking income (1)		—			—			19,994			19,994			—			—			—			19,994
Interchange fee income		12,777			—			—			12,777			285			—			285			13,062
Program fees (1)		—			—			—			—			3,171			11,350			14,521			14,521
Increase in cash surrender value of BOLI (1)		2,242			—			—			2,242			—			—			—			2,242
Death benefits in excess of cash surrender value of life insurance (1)		979			—			—			979			—			—			—			979
Net gains (losses) on OREO		(160)			—			—			(160)			—			—			—			(160)
Other		3,148			—			191			3,339			81			—			81			3,420
Total noninterest income		31,492			57			20,185			51,734			23,775			11,350			35,125			86,859
Total net revenue	$	188,741		$	25,275		$	21,266		$	235,282		$	39,612		$	32,559		$	72,171		$	307,453
Net-revenue concentration (2)		61	%		8	%		7	%		76	%		13	%		11	%		24	%		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.

	Years Ended December 31, 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)	$	159,381		$	25,957		$	1,362		$	186,700		$	22,972		$	22,643		$	45,615		$	232,315
Noninterest income:
Service charges on deposit accounts		11,571			63			—			11,634			(19)			—			(19)			11,615
Net refund transfer fees		—			—			—			—			20,297			—			20,297			20,297
Mortgage banking income (1)		—			—			31,847			31,847			—			—			—			31,847
Interchange fee income		10,978			—			—			10,978			210			—			210			11,188
Program fees (1)		—			—			—			—			2,193			4,902			7,095			7,095
Increase in cash surrender value of BOLI (1)		1,585			—			—			1,585			—			—			—			1,585
Net gains (losses) on OREO		(40)			—			—			(40)			—			—			—			(40)
Other		3,310			(39)			103			3,374			92			—			92			3,466
Total noninterest income		27,404			24			31,950			59,378			22,773			4,902			27,675			87,053
Total net revenue	$	186,785		$	25,981		$	33,312		$	246,078		$	45,745		$	27,545		$	73,290		$	319,368
Net-revenue concentration (2)		59	%		8	%		10	%		77	%		14	%		9	%		23	%		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.

	Year Ended December 31, 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)	$	168,076		$	15,801		$	697		$	184,574		$	21,626		$	29,926		$	51,552		$	236,126
Noninterest income:
Service charges on deposit accounts		14,153			44			—			14,197			—			—			—			14,197
Net refund transfer fees		—			—			—			—			21,158			—			21,158			21,158
Mortgage banking income (1)		—			—			9,499			9,499			—			—			—			9,499
Interchange fee income		11,600			—			—			11,600			259			—			259			11,859
Program fees (1)		—			—			—			—			437			4,275			4,712			4,712
Increase in cash surrender value of BOLI (1)		1,550			—			—			1,550			—			—			—			1,550
Net gains (losses) on OREO		540			—			—			540			—			—			—			540
Gain on branch divestiture(1)		7,829			—			—			7,829			—			—			—			7,829
Other		2,881			(90)			213			3,004			1			659			660			3,664
Total noninterest income		38,553			(46)			9,712			48,219			21,855			4,934			26,789			75,008
Total net revenue	$	206,629		$	15,755		$	10,409		$	232,793		$	43,481		$	34,860		$	78,341		$	311,134
Net-revenue concentration (2)		67	%		5	%		3	%		75	%		14	%		11	%		25	%		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.