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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

3 Months Ended

Mar. 31, 2024


	Three Months Ended March 31, 2024
	Core Banking									Republic Processing Group
							Total			Tax			Republic			Republic
	Traditional			Warehouse			Core			Refund			Payment			Credit			Total			Total
(dollars in thousands)	Banking			Lending			Banking			Solutions			Solutions			Solutions			RPG			Company

Net interest income (1)	$	48,259		$	2,257		$	50,516		$	30,910		$	3,508		$	11,985		$	46,403		$	96,919

Noninterest income:
Service charges on deposit accounts		3,299			13			3,312			—			—			1			1			3,313
Net refund transfer fees		—			—			—			10,820			—			—			10,820			10,820
Mortgage banking income (1)		310			—			310			—			—			—			—			310
Interchange fee income		3,117			—			3,117			39			1			—			40			3,157
Program fees (1)		—			—			—			—			773			3,406			4,179			4,179
Increase in cash surrender value of BOLI (1)		754			—			754			—			—			—			—			754
Net losses on OREO		(53)			—			(53)			—			—			—			—			(53)
Other		869			—			869			24			—			—			24			893
Total noninterest income		8,296			13			8,309			10,883			774			3,407			15,064			23,373

Total net revenue	$	56,555		$	2,270		$	58,825		$	41,793		$	4,282		$	15,392		$	61,467		$	120,292

Net-revenue concentration (2)		46	%		2	%		48	%		35	%		4	%		13	%		52	%		100	%


	Three Months Ended March 31, 2023
	Core Banking									Republic Processing Group
							Total			Tax			Republic			Republic
	Traditional			Warehouse			Core			Refund			Payment			Credit			Total			Total
(dollars in thousands)	Banking			Lending			Banking			Solutions			Solutions			Solutions			RPG			Company

Net interest income (1)	$	50,168		$	2,087		$	52,255		$	28,307		$	3,458		$	8,622		$	40,387		$	92,642

Noninterest income:
Service charges on deposit accounts		3,288			11			3,299			—			—			—			—			3,299
Net refund transfer fees		—			—			—			10,807			—			—			10,807			10,807
Mortgage banking income (1)		800			—			800			—			—			—			—			800
Interchange fee income		3,006			—			3,006			44			1			—			45			3,051
Program fees (1)		—			—			—			—			707			2,534			3,241			3,241
Increase in cash surrender value of BOLI (1)		635			—			635			—			—			—			—			635
Net losses on OREO		(53)			—			(53)			—			—			—			—			(53)
Other		795			—			795			71			10			25			106			901
Total noninterest income		8,471			11			8,482			10,922			718			2,559			14,199			22,681

Total net revenue	$	58,639		$	2,098		$	60,737		$	39,229		$	4,176		$	11,181		$	54,586		$	115,323

Net-revenue concentration (2)		50	%		2	%		52	%		34	%		4	%		10	%		48	%		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.