v3.26.1
REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue recognition        
Net interest income $ 81,702 $ 76,202 $ 172,154 $ 178,890
Noninterest income:        
Mortgage banking income 1,799 1,896 3,624 3,717
Program fees 5,058 4,451 9,607 8,273
Increase in cash surrender value of BOLI 943 821 1,873 1,614
Net gain on sale of Republic Bank Finance loans and leases     5,845  
Gain on sale of Visa Class B-1 shares       4,090
Total noninterest income 19,569 17,644 49,528 50,798
Total net revenue $ 101,271 $ 93,846 $ 221,682 $ 229,688
Net-revenue concentration (as percent) 100.00% 100.00% 100.00% 100.00%
Core Banking        
Revenue recognition        
Net interest income $ 64,119 $ 59,929 $ 127,346 $ 116,278
Noninterest income:        
Mortgage banking income 1,799 1,896 3,624 3,717
Increase in cash surrender value of BOLI 943 821 1,873 1,614
Net gain on sale of Republic Bank Finance loans and leases     5,845  
Gain on sale of Visa Class B-1 shares       4,090
Total noninterest income 11,265 10,469 27,064 25,853
Total net revenue $ 75,384 $ 70,398 $ 154,410 $ 142,131
Net-revenue concentration (as percent) 74.00% 75.00% 70.00% 62.00%
Traditional Banking        
Revenue recognition        
Net interest income $ 60,375 $ 56,380 $ 119,702 $ 109,701
Noninterest income:        
Mortgage banking income 1,799 1,896 3,624 3,717
Increase in cash surrender value of BOLI 943 821 1,873 1,614
Net gain on sale of Republic Bank Finance loans and leases     5,845  
Gain on sale of Visa Class B-1 shares       4,090
Total noninterest income 11,242 10,446 27,017 25,810
Total net revenue $ 71,617 $ 66,826 $ 146,719 $ 135,511
Net-revenue concentration (as percent) 70.00% 71.00% 67.00% 59.00%
Warehouse Lending        
Revenue recognition        
Net interest income $ 3,744 $ 3,549 $ 7,644 $ 6,577
Noninterest income:        
Total noninterest income 23 23 47 43
Total net revenue $ 3,767 $ 3,572 $ 7,691 $ 6,620
Net-revenue concentration (as percent) 4.00% 4.00% 3.00% 3.00%
Republic Processing Group        
Revenue recognition        
Net interest income $ 17,583 $ 16,273 $ 44,808 $ 62,612
Noninterest income:        
Program fees 5,058 4,451 9,607 8,273
Total noninterest income 8,304 7,175 22,464 24,945
Total net revenue $ 25,887 $ 23,448 $ 67,272 $ 87,557
Net-revenue concentration (as percent) 26.00% 25.00% 30.00% 38.00%
Tax Refund Solutions        
Revenue recognition        
Net interest income $ 27 $ 62 $ 11,457 $ 29,874
Noninterest income:        
Total noninterest income 3,245 2,723 12,853 16,670
Total net revenue $ 3,272 $ 2,785 $ 24,310 $ 46,544
Net-revenue concentration (as percent) 3.00% 3.00% 11.00% 20.00%
Republic Payment Solutions        
Revenue recognition        
Net interest income $ 3,006 $ 3,563 $ 6,043 $ 7,557
Noninterest income:        
Program fees 743 735 1,519 1,502
Total noninterest income 744 736 1,522 1,503
Total net revenue $ 3,750 $ 4,299 $ 7,565 $ 9,060
Net-revenue concentration (as percent) 4.00% 5.00% 3.00% 4.00%
Republic Credit Solutions        
Revenue recognition        
Net interest income $ 14,550 $ 12,648 $ 27,308 $ 25,181
Noninterest income:        
Program fees 4,315 3,716 8,088 6,771
Total noninterest income 4,315 3,716 8,089 6,772
Total net revenue $ 18,865 $ 16,364 $ 35,397 $ 31,953
Net-revenue concentration (as percent) 19.00% 17.00% 16.00% 14.00%
Service charges on deposit accounts        
Noninterest income:        
Revenue $ 4,068 $ 3,505 $ 7,951 $ 6,965
Service charges on deposit accounts | Core Banking        
Noninterest income:        
Revenue 4,067 3,505 7,948 6,964
Service charges on deposit accounts | Traditional Banking        
Noninterest income:        
Revenue 4,044 3,482 7,903 6,921
Service charges on deposit accounts | Warehouse Lending        
Noninterest income:        
Revenue 23 23 45 43
Service charges on deposit accounts | Republic Processing Group        
Noninterest income:        
Revenue 1   3 1
Service charges on deposit accounts | Republic Payment Solutions        
Noninterest income:        
Revenue 1   2  
Service charges on deposit accounts | Republic Credit Solutions        
Noninterest income:        
Revenue     1 1
Net refund transfer fees        
Noninterest income:        
Revenue 3,208 2,567 12,733 16,460
Net refund transfer fees | Republic Processing Group        
Noninterest income:        
Revenue 3,208 2,567 12,733 16,460
Net refund transfer fees | Tax Refund Solutions        
Noninterest income:        
Revenue 3,208 2,567 12,733 16,460
Interchange fee income        
Noninterest income:        
Revenue 3,623 3,200 6,496 6,277
Interchange fee income | Core Banking        
Noninterest income:        
Revenue 3,590 3,157 6,429 6,201
Interchange fee income | Traditional Banking        
Noninterest income:        
Revenue 3,590 3,157 6,429 6,201
Interchange fee income | Republic Processing Group        
Noninterest income:        
Revenue 33 43 67 76
Interchange fee income | Tax Refund Solutions        
Noninterest income:        
Revenue 33 42 66 75
Interchange fee income | Republic Payment Solutions        
Noninterest income:        
Revenue   1 1 1
Net losses on other real estate owned        
Noninterest income:        
Revenue (41) (53) (91) (106)
Net losses on other real estate owned | Core Banking        
Noninterest income:        
Revenue (41) (53) (91) (106)
Net losses on other real estate owned | Traditional Banking        
Noninterest income:        
Revenue (41) (53) (91) (106)
Other        
Noninterest income:        
Revenue 911 1,257 1,490 3,508
Other | Core Banking        
Noninterest income:        
Revenue 907 1,143 1,436 3,373
Other | Traditional Banking        
Noninterest income:        
Revenue 907 1,143 1,434 3,373
Other | Warehouse Lending        
Noninterest income:        
Revenue     2  
Other | Republic Processing Group        
Noninterest income:        
Revenue 4 114 54 135
Other | Tax Refund Solutions        
Noninterest income:        
Revenue $ 4 $ 114 $ 54 $ 135