DEPOSITS (Tables)

6 Months Ended

Jun. 30, 2025

DEPOSITS

Composition of deposit portfolio

The composition of the deposit portfolio follows:

(in thousands)	June 30, 2025		December 31, 2024
Core Bank:
Demand	$	1,132,866	$	1,166,517
Money market		1,387,704		1,295,024
Savings		228,469		238,596
Reciprocal money market		237,668		212,033
Individual retirement accounts (1)		35,042		34,543
Time deposits, $250 and over (1)		144,867		129,593
Other certificates of deposit (1)		275,271		239,643
Reciprocal time deposits (1)		75,104		80,016
Wholesale brokered deposits (1)		218,746		87,285
Total Core Bank interest-bearing deposits		3,735,737		3,483,250
Total Core Bank noninterest-bearing deposits		1,151,511		1,123,208
Total Core Bank deposits		4,887,248		4,606,458
Republic Processing Group:
Wholesale brokered deposits (1)		14,341		199,964
Interest-bearing prepaid card deposits		320,056		296,921
Money market		24,089		22,647
Total RPG interest-bearing deposits		358,486		519,532
Noninterest-bearing prepaid card deposits		4,285		2,842
Other noninterest-bearing deposits		67,220		81,714
Total RPG noninterest-bearing deposits		71,505		84,556
Total RPG deposits		429,991		604,088
Total deposits	$	5,317,239	$	5,210,546

(1) Represents time deposits.