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SALES OF BRANCH, SUBSIDIARY AND BUSINESS UNITS (Tables) | 12 Months Ended
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Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Disposal groups including discontinued operations | The following table summarizes the calculation of the net gain on disposal of discontinued operations:
|  | Year Ended December, 31 |  |
($ in thousands) |  | 2019 |  | 2018 |  | 2017 |  | Total Net Gain on Disposal After Completion of Sale
Proceeds from the transaction |  | $ | — |  |  | $ | — |  |  | $ | 63,054 |  |  | $ | 63,054 |
Compensation expense related to the transaction |  | — |  |  | 1,003 |  |  | (3,500 | ) |  | (2,497 | )
Other transaction costs |  | — |  |  | 436 |  |  | (3,431 | ) |  | (2,995 | )
Net cash proceeds |  | — |  |  | 1,439 |  |  | 56,123 |  |  | 57,562 |
Book value of certain assets sold |  | — |  |  | — |  |  | (2,455 | ) |  | (2,455 | )
Book value of MSRs sold |  | — |  |  | — |  |  | (37,772 | ) |  | (37,772 | )
Goodwill |  | — |  |  | — |  |  | (2,100 | ) |  | (2,100 | )
Net gain on disposal |  | $ | — |  |  | $ | 1,439 |  |  | $ | 13,796 |  |  | $ | 15,235 |
The following tables present the financial information of discontinued operations as of the dates and for the periods indicated: Statements of Financial Condition of Discontinued Operations
|  | December 31,
($ in thousands) |  | 2019 |  | 2018
ASSETS |  |  |  |
Loans held-for-sale, carried at fair value |  | $ | — |  |  | $ | 19,490 |
Assets of discontinued operations |  | $ | — |  |  | $ | 19,490 |
LIABILITIES |  |  |  |
Liabilities of discontinued operations |  | $ | — |  |  | $ | — |
Statements of Operations of Discontinued Operations
|  | Year Ended December 31,
($ in thousands) |  | 2019 |  | 2018 |  | 2017
Interest income |  |  |  |  |  |
Loans, including fees |  | $ | — |  |  | $ | 665 |  |  | $ | 7,052 |
Total interest income |  | — |  |  | 665 |  |  | 7,052 |
Noninterest income |  |  |  |  |  |
Net gain on disposal |  | — |  |  | 1,439 |  |  | 13,796 |
Loan servicing income |  | — |  |  | — |  |  | 1,551 |
Net revenue on mortgage banking activities |  | — |  |  | 428 |  |  | 42,889 |
All other income |  | — |  |  | 2,200 |  |  | 1,871 |
Total noninterest income |  | — |  |  | 4,067 |  |  | 60,107 |
Noninterest expense |  |  |  |  |  |
Salaries and employee benefits |  | — |  |  | 20 |  |  | 38,374 |
Occupancy and equipment |  | — |  |  | — |  |  | 3,964 |
Professional fees |  | — |  |  | — |  |  | 2,546 |
Outside Service Fees |  | — |  |  | — |  |  | 5,625 |
Data processing |  | — |  |  | 8 |  |  | 687 |
Advertising |  | — |  |  | — |  |  | 1,357 |
Restructuring expense |  | — |  |  | — |  |  | 3,794 |
All other expenses |  | — |  |  | 108 |  |  | 3,648 |
Total noninterest expense |  | — |  |  | 136 |  |  | 59,995 |
Income from discontinued operations before income taxes |  | — |  |  | 4,596 |  |  | 7,164 |
Income tax expense |  | — |  |  | 1,271 |  |  | 2,929 |
Income from discontinued operations |  | $ | — |  |  | $ | 3,325 |  |  | $ | 4,235 |
Statements of Cash Flows of Discontinued Operations
|  | Year Ended December 31,
($ in thousands) |  | 2019 |  | 2018 |  | 2017
Net cash provided by operating activities |  | $ | — |  |  | $ | 14,916 |  |  | $ | 365,045 |
Net cash provided by investing activities |  | — |  |  | — |  |  | 56,123 |
Net cash provided by discontinued operations |  | $ | — |  |  | $ | 14,916 |  |  | $ | 421,168 |

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