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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations Income Statement and Balance Sheet
The following summarized financial information related to BMT has been segregated from continuing operations and reported as discontinued operations for the periods presented.
Years Ended December 31,
(amounts in thousands)202120202019
Discontinued operations:
Non-interest income$— $66,271 $73,079 
Non-interest expense20,354 80,069 78,738 
Loss from discontinued operations before income tax expense (benefit)(20,354)(13,798)(5,659)
Income tax expense (benefit)19,267 (3,337)(3,599)
Net loss from discontinued operations$(39,621)$(10,461)$(2,060)
The assets and liabilities of discontinued operations on the consolidated balance sheet as of December 31, 2020 were as follows:
(amounts in thousands)December 31,
2020
Carrying amounts of assets included as part of discontinued operations:
Cash and cash equivalents$2,989 
Premises and equipment, net401 
Goodwill and other intangibles10,329 
Other assets48,336 
Total assets of discontinued operations$62,055 
Carrying amounts of liabilities included as part of discontinued operations:
Borrowings from Customers Bank$21,000 
Accrued interest payable and other liabilities18,704 
Total liabilities of discontinued operations$39,704