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DEPOSITS | 3 Months Ended
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Mar. 31, 2024
DEPOSITS |
DEPOSITS | 6. DEPOSITS ​ The composition of the deposit portfolio follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | March 31, 2024 |  | December 31, 2023 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Core Bank: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Demand | ​ | $ | 1,179,771 | ​ | $ | 1,158,051 | ​
Money market accounts | ​ |  | 1,078,549 | ​ |  | 1,007,356 | ​
Savings | ​ |  | 355,260 | ​ |  | 263,238 | ​
Reciprocal money market | ​ |  | 221,779 | ​ |  | 188,078 | ​
Individual retirement accounts (1) | ​ |  | 34,208 | ​ |  | 33,793 | ​
Time deposits, $250 and over (1) | ​ |  | 113,096 | ​ |  | 101,787 | ​
Other certificates of deposit (1) | ​ |  | 239,258 | ​ |  | 225,614 | ​
Reciprocal time deposits (1) | ​ |  | 90,857 | ​ |  | 90,857 | ​
Wholesale brokered deposits (1) | ​ | ​ | 349,298 | ​ | ​ | 88,767 | ​
Total Core Bank interest-bearing deposits | ​ |  | 3,662,076 | ​ |  | 3,157,541 | ​
Total Core Bank noninterest-bearing deposits | ​ | ​ | 1,180,237 | ​ | ​ | 1,239,466 | ​
Total Core Bank deposits | ​ | ​ | 4,842,313 | ​ | ​ | 4,397,007 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Republic Processing Group: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Wholesale brokered deposits (1) | ​ | ​ | — | ​ | ​ | 199,960 | ​
Interest-bearing prepaid card deposits | ​ | ​ | 379,677 | ​ | ​ | — | ​
Money market accounts | ​ | ​ | 19,380 | ​ | ​ | 18,664 | ​
Total RPG interest-bearing deposits | ​ | ​ | 399,057 | ​ | ​ | 218,624 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Noninterest-bearing prepaid card deposits | ​ | ​ | — | ​ | ​ | 318,769 | ​
Other noninterest-bearing deposits | ​ | ​ | 179,279 | ​ | ​ | 118,763 | ​
Total RPG noninterest-bearing deposits | ​ | ​ | 179,279 | ​ | ​ | 437,532 | ​
Total RPG deposits | ​ | ​ | 578,336 | ​ | ​ | 656,156 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total deposits | ​ | $ | 5,420,649 | ​ | $ | 5,053,163 | ​
(1) | Includes time deposit.

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481047/942-405-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) -Publisher SEC Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
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