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DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Discontinued Operations
The following presents operating results of the discontinued operations of FCLS for the three and six months ended June 30, 2019 and June 30, 2018:
 
 
Three Months Ended June 30,
Six Months Ended June 30,
(in thousands)
 
2019
 
2018
2019
 
2018
Interest income
 
$
1,818

 
$
1,395

$
2,862

 
$
2,489

Interest expense
 
1,062

 
566

1,646

 
947

Net interest income
 
756

 
829

1,216

 
1,542

Non-interest income
 
13,246

 
10,407

22,059

 
21,035

Total net revenue
 
14,002

 
11,236

23,275

 
22,577

Non-interest expense
 
11,920

 
10,810

22,047

 
22,313

Income from discontinued operations before income taxes
 
2,082

 
426

1,228

 
264

Income tax expense
 
588

 
106

371

 
67

Net income from discontinued operations
 
$
1,494

 
$
320

$
857

 
$
197


The following is a summary of the assets and liabilities of the discontinued operations of FCLS at June 30, 2019 and December 31, 2018:
(in thousands)
 
June 30, 2019
 
December 31, 2018
Assets
 
 
 
 
Loans held for sale, at fair value
 
$
182,882

 
$
94,050

Premises and equipment, net
 
1,710

 
1,867

Other assets
 
28,153

 
18,342

Total assets
 
$
212,745

 
$
114,259

Liabilities
 
 
 
 
Other liabilities
 
$
26,256

 
$
9,597

Total liabilities
 
$
26,256

 
$
9,597