v3.26.1
SEGMENT INFORMATION (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
segment
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
Segment Disclosure information          
Number of reportable segments | segment     5    
Segment information          
Net interest income $ 81,702 $ 76,202 $ 172,154 $ 178,890  
Provision for expected credit loss expense on loans 5,157 1,823 14,937 19,495  
Mortgage banking income 1,799 1,896 3,624 3,717  
Program fees 5,058 4,451 9,607 8,273  
Net gain on sale of Republic Bank Finance loans and leases     5,845    
Gain on sale of Visa Class B-1 shares       4,090  
Other noninterest income 9,504 8,730 17,719 18,258  
Total noninterest income 19,569 17,644 49,528 50,798  
Salaries and employee benefits 30,943 30,801 63,060 61,870  
Technology, equipment, and communication 8,686 8,684 16,632 17,327  
Occupancy 3,460 3,391 7,108 6,955  
Marketing and development 3,097 1,243 4,875 2,630  
FHLB advances early termination penalties     2,316    
Core conversion and related contract consulting fees   182   5,896  
Other noninterest expense 7,378 7,332 14,819 15,163  
Total noninterest expense 53,564 51,633 108,810 109,841  
INCOME BEFORE INCOME TAX EXPENSE 42,550 40,390 97,935 100,352  
Income tax expense (benefit) 9,684 8,906 22,500 21,600  
NET INCOME 32,866 31,484 75,435 78,752  
Period-end assets 7,061,829 6,970,917 7,061,829 6,970,917 $ 7,042,061
Period-end loans 5,410,406 5,373,020 5,410,406 5,373,020 5,446,329
Period-end deposits $ 5,551,742 $ 5,317,239 $ 5,551,742 $ 5,317,239 5,203,147
Net interest margin (as percent) 4.99% 4.61% 5.23% 5.44%  
Net-revenue concentration (as percent) 100.00% 100.00% 100.00% 100.00%  
Core Banking          
Segment Disclosure information          
Number of reportable segments | segment     2    
Segment information          
Net interest income $ 64,119 $ 59,929 $ 127,346 $ 116,278  
Provision for expected credit loss expense on loans (181) 772 213 50  
Mortgage banking income 1,799 1,896 3,624 3,717  
Net gain on sale of Republic Bank Finance loans and leases     5,845    
Gain on sale of Visa Class B-1 shares       4,090  
Other noninterest income 9,466 8,573 17,595 18,046  
Total noninterest income 11,265 10,469 27,064 25,853  
Salaries and employee benefits 26,754 26,601 54,116 53,552  
Technology, equipment, and communication 7,473 7,472 14,323 14,954  
Occupancy 3,388 3,321 6,958 6,814  
Marketing and development 1,374 1,150 1,964 1,438  
FHLB advances early termination penalties     2,316    
Core conversion and related contract consulting fees   182   5,896  
Other noninterest expense 6,876 6,858 13,512 13,708  
Total noninterest expense 45,865 45,584 93,189 96,362  
INCOME BEFORE INCOME TAX EXPENSE 29,700 24,042 61,008 45,719  
Income tax expense (benefit) 6,888 5,353 14,437 9,669  
NET INCOME 22,812 18,689 46,571 36,050  
Period-end assets 6,385,422 6,460,863 6,385,422 6,460,863  
Period-end loans 5,270,205 5,253,925 5,270,205 5,253,925 5,300,387
Period-end deposits $ 4,984,068 $ 4,887,248 $ 4,984,068 $ 4,887,248 4,809,179
Net interest margin (as percent) 4.02% 3.72% 3.99% 3.71%  
Net-revenue concentration (as percent) 74.00% 75.00% 70.00% 62.00%  
Traditional Banking          
Segment information          
Net interest income $ 60,375 $ 56,380 $ 119,702 $ 109,701  
Provision for expected credit loss expense on loans (143) 517 562 (252)  
Mortgage banking income 1,799 1,896 3,624 3,717  
Net gain on sale of Republic Bank Finance loans and leases     5,845    
Gain on sale of Visa Class B-1 shares       4,090  
Other noninterest income 9,443 8,550 17,548 18,003  
Total noninterest income 11,242 10,446 27,017 25,810  
Salaries and employee benefits 26,000 25,866 52,639 52,124  
Technology, equipment, and communication 7,427 7,427 14,229 14,874  
Occupancy 3,358 3,291 6,897 6,754  
Marketing and development 1,374 1,150 1,964 1,438  
FHLB advances early termination penalties     2,316    
Core conversion and related contract consulting fees   182   5,896  
Other noninterest expense 6,719 6,717 13,221 13,453  
Total noninterest expense 44,878 44,633 91,266 94,539  
INCOME BEFORE INCOME TAX EXPENSE 26,882 21,676 54,891 41,224  
Income tax expense (benefit) 6,212 4,820 12,969 8,656  
NET INCOME 20,670 16,856 41,922 32,568  
Period-end assets 5,770,433 5,788,697 5,770,433 5,788,697  
Period-end loans 4,655,509 4,582,152 4,655,509 4,582,152 4,546,297
Period-end deposits $ 4,940,270 $ 4,849,544 $ 4,940,270 $ 4,849,544  
Net interest margin (as percent) 4.16% 3.84% 4.13% 3.81%  
Net-revenue concentration (as percent) 70.00% 71.00% 67.00% 59.00%  
Warehouse Lending          
Segment information          
Net interest income $ 3,744 $ 3,549 $ 7,644 $ 6,577  
Provision for expected credit loss expense on loans (38) 255 (349) 302  
Other noninterest income 23 23 47 43  
Total noninterest income 23 23 47 43  
Salaries and employee benefits 754 735 1,477 1,428  
Technology, equipment, and communication 46 45 94 80  
Occupancy 30 30 61 60  
Other noninterest expense 157 141 291 255  
Total noninterest expense 987 951 1,923 1,823  
INCOME BEFORE INCOME TAX EXPENSE 2,818 2,366 6,117 4,495  
Income tax expense (benefit) 676 533 1,468 1,013  
NET INCOME 2,142 1,833 4,649 3,482  
Period-end assets 614,989 672,166 614,989 672,166  
Period-end loans 614,696 671,773 614,696 671,773  
Period-end deposits $ 43,798 $ 37,704 $ 43,798 $ 37,704  
Net interest margin (as percent) 2.59% 2.51% 2.59% 2.59%  
Net-revenue concentration (as percent) 4.00% 4.00% 3.00% 3.00%  
Republic Processing Group          
Segment Disclosure information          
Number of reportable segments | segment     3    
Segment information          
Net interest income $ 17,583 $ 16,273 $ 44,808 $ 62,612  
Provision for expected credit loss expense on loans 5,338 1,051 14,724 19,445  
Program fees 5,058 4,451 9,607 8,273  
Other noninterest income 38 157 124 212  
Total noninterest income 8,304 7,175 22,464 24,945  
Salaries and employee benefits 4,189 4,200 8,944 8,318  
Technology, equipment, and communication 1,213 1,212 2,309 2,373  
Occupancy 72 70 150 141  
Marketing and development 1,723 93 2,911 1,192  
Other noninterest expense 502 474 1,307 1,455  
Total noninterest expense 7,699 6,049 15,621 13,479  
INCOME BEFORE INCOME TAX EXPENSE 12,850 16,348 36,927 54,633  
Income tax expense (benefit) 2,796 3,553 8,063 11,931  
NET INCOME 10,054 12,795 28,864 42,702  
Period-end assets 676,407 510,054 676,407 510,054  
Period-end loans 140,201 119,095 140,201 119,095  
Period-end deposits $ 567,674 $ 429,991 $ 567,674 $ 429,991 $ 393,968
Net-revenue concentration (as percent) 26.00% 25.00% 30.00% 38.00%  
Tax Refund Solutions          
Segment information          
Net interest income $ 27 $ 62 $ 11,457 $ 29,874  
Provision for expected credit loss expense on loans (1,046) (3,932) 4,296 11,495  
Other noninterest income 37 156 120 210  
Total noninterest income 3,245 2,723 12,853 16,670  
Salaries and employee benefits 1,717 1,963 4,242 4,161  
Technology, equipment, and communication 81 132 170 317  
Occupancy 61 60 128 121  
Marketing and development 34 103 91 178  
Other noninterest expense 207 246 734 950  
Total noninterest expense 2,100 2,504 5,365 5,727  
INCOME BEFORE INCOME TAX EXPENSE 2,218 4,213 14,649 29,322  
Income tax expense (benefit) 473 901 3,193 6,399  
NET INCOME 1,745 3,312 11,456 22,923  
Period-end assets 20,226 32,771 20,226 32,771  
Period-end loans 156 95 156 95  
Period-end deposits $ 19,178 $ 31,374 $ 19,178 $ 31,374  
Net-revenue concentration (as percent) 3.00% 3.00% 11.00% 20.00%  
Republic Payment Solutions          
Segment information          
Net interest income $ 3,006 $ 3,563 $ 6,043 $ 7,557  
Program fees 743 735 1,519 1,502  
Other noninterest income 1 1 3 1  
Total noninterest income 744 736 1,522 1,503  
Salaries and employee benefits 1,124 1,035 2,123 1,902  
Technology, equipment, and communication 20 27 40 44  
Occupancy 5 5 11 10  
Other noninterest expense 144 112 298 283  
Total noninterest expense 1,293 1,179 2,472 2,239  
INCOME BEFORE INCOME TAX EXPENSE 2,457 3,120 5,093 6,821  
Income tax expense (benefit) 535 679 1,111 1,485  
NET INCOME 1,922 2,441 3,982 5,336  
Period-end assets 494,952 346,586 494,952 346,586  
Period-end deposits $ 494,754 $ 346,586 $ 494,754 $ 346,586  
Net-revenue concentration (as percent) 4.00% 5.00% 3.00% 4.00%  
Republic Credit Solutions          
Segment information          
Net interest income $ 14,550 $ 12,648 $ 27,308 $ 25,181  
Provision for expected credit loss expense on loans 6,384 4,983 10,428 7,950  
Program fees 4,315 3,716 8,088 6,771  
Other noninterest income     1 1  
Total noninterest income 4,315 3,716 8,089 6,772  
Salaries and employee benefits 1,348 1,202 2,579 2,255  
Technology, equipment, and communication 1,112 1,053 2,099 2,012  
Occupancy 6 5 11 10  
Marketing and development 1,689 (10) 2,820 1,014  
Other noninterest expense 151 116 275 222  
Total noninterest expense 4,306 2,366 7,784 5,513  
INCOME BEFORE INCOME TAX EXPENSE 8,175 9,015 17,185 18,490  
Income tax expense (benefit) 1,788 1,973 3,759 4,047  
NET INCOME 6,387 7,042 13,426 14,443  
Period-end assets 161,229 130,697 161,229 130,697  
Period-end loans 140,045 119,000 140,045 119,000  
Period-end deposits $ 53,742 $ 52,031 $ 53,742 $ 52,031  
Net-revenue concentration (as percent) 19.00% 17.00% 16.00% 14.00%  
Net refund transfer fees          
Segment information          
Net refund transfer fees $ 3,208 $ 2,567 $ 12,733 $ 16,460  
Net refund transfer fees | Republic Processing Group          
Segment information          
Net refund transfer fees 3,208 2,567 12,733 16,460  
Net refund transfer fees | Tax Refund Solutions          
Segment information          
Net refund transfer fees $ 3,208 $ 2,567 $ 12,733 $ 16,460