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v3.23.2

DEPOSITS (Tables) | 6 Months Ended
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Jun. 30, 2023
DEPOSITS |
Composition of deposit portfolio | The composition of the deposit portfolio follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | June 30, 2023 |  | December 31, 2022 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Core Bank: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Demand | ​ | $ | 1,161,743 | ​ | $ | 1,336,082 | ​
Money market accounts | ​ |  | 851,090 | ​ |  | 707,272 | ​
Savings | ​ |  | 289,209 | ​ |  | 323,015 | ​
Reciprocal money market | ​ |  | 169,619 | ​ |  | 28,635 | ​
Individual retirement accounts (1) | ​ |  | 34,227 | ​ |  | 38,640 | ​
Time deposits, $250 and over (1) | ​ |  | 91,036 | ​ |  | 54,855 | ​
Other certificates of deposit (1) | ​ |  | 186,053 | ​ |  | 129,324 | ​
Reciprocal time deposits (1) | ​ |  | 73,205 | ​ |  | 7,405 | ​
Wholesale brokered deposits (1) | ​ | ​ | 8,033 | ​ | ​ | — | ​
Total Core Bank interest-bearing deposits | ​ |  | 2,864,215 | ​ |  | 2,625,228 | ​
Total Core Bank noninterest-bearing deposits | ​ | ​ | 1,405,543 | ​ | ​ | 1,464,493 | ​
Total Core Bank deposits | ​ | ​ | 4,269,758 | ​ | ​ | 4,089,721 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Republic Processing Group: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Money market accounts | ​ | ​ | 10,159 | ​ | ​ | 3,849 | ​
Total RPG interest-bearing deposits | ​ | ​ | 10,159 | ​ | ​ | 3,849 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Brokered prepaid card deposits | ​ | ​ | 344,441 | ​ | ​ | 328,655 | ​
Other noninterest-bearing deposits | ​ | ​ | 104,923 | ​ | ​ | 115,620 | ​
Total RPG noninterest-bearing deposits | ​ | ​ | 449,364 | ​ | ​ | 444,275 | ​
Total RPG deposits | ​ | ​ | 459,523 | ​ | ​ | 448,124 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total deposits | ​ | $ | 4,729,281 | ​ | $ | 4,537,845 | ​
(1) | Includes time deposits.

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