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v3.25.2

DEPOSITS (Tables) | 6 Months Ended
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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.

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