DEPOSITS

9 Months Ended

Sep. 30, 2022

DEPOSITS

DEPOSITS

5. DEPOSITS

The composition of the deposit portfolio follows:

(in thousands)	September 30, 2022		December 31, 2021
Core Bank:
Demand	$	1,398,760	$	1,381,522
Money market accounts		764,523		789,876
Savings		331,300		311,624
Individual retirement accounts (1)		40,658		43,724
Time deposits, $250 and over (1)		61,579		81,050
Other certificates of deposit (1)		135,836		154,174
Reciprocal money market and time deposits (1)		44,534		77,950
Total Core Bank interest-bearing deposits		2,777,190		2,839,920
Total Core Bank noninterest-bearing deposits		1,581,663		1,579,173
Total Core Bank deposits		4,358,853		4,419,093
Republic Processing Group:
Money market accounts		9,195		9,717
Total RPG interest-bearing deposits		9,195		9,717
Brokered prepaid card deposits		332,655		320,907
Other noninterest-bearing deposits		99,805		90,701
Total RPG noninterest-bearing deposits		432,460		411,608
Total RPG deposits		441,655		421,325
Total deposits	$	4,800,508	$	4,840,418

(1) Includes time deposit.