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Business Segment Information | 9 Months Ended
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Sep. 30, 2016
Segment Reporting [Abstract] |
Business Segment Information | NOTE 16 – BUSINESS SEGMENT INFORMATION The following table presents the Company’s operating segments. Transactions between segments consist primarily of borrowed funds. Intersegment interest expense is allocated to the Factoring segment based on the Company’s prime rate. The provision for loan loss is allocated based on the segment’s allowance for loan loss determination which considers the effects of charge-offs. Noninterest income and expense directly attributable to a segment are assigned to it. Taxes are paid on a consolidated basis but not allocated for segment purposes. The Factoring segment includes only factoring originated by TBC. General factoring services not originated through TBC are included in the Banking segment.
(Dollars in thousands) |  |  |  |  |  |  |  |  |  | Asset |  |  |  |  |  |  |  |  |
Three Months Ended September 30, 2016 |  | Factoring |  |  | Banking |  |  | Management |  |  | Corporate |  |  | Consolidated |
Total interest income |  | $ | 8,465 |  |  | $ | 24,863 |  |  | $ | 61 |  |  | $ | 82 |  |  | $ | 33,471 |
Intersegment interest allocations |  |  | (1,251 | ) |  |  | 1,251 |  |  |  | — |  |  |  | — |  |  |  | — |
Total interest expense |  |  | — |  |  |  | 2,671 |  |  |  | — |  |  |  | 382 |  |  |  | 3,053 |
Net interest income (expense) |  |  | 7,214 |  |  |  | 23,443 |  |  |  | 61 |  |  |  | (300 | ) |  |  | 30,418 |
Provision for loan losses |  |  | 33 |  |  |  | 2,861 |  |  |  | — |  |  |  | (75 | ) |  |  | 2,819 |
Net interest income after provision |  |  | 7,181 |  |  |  | 20,582 |  |  |  | 61 |  |  |  | (225 | ) |  |  | 27,599 |
Other noninterest income |  |  | 680 |  |  |  | 3,147 |  |  |  | 1,534 |  |  |  | 738 |  |  |  | 6,099 |
Noninterest expense |  |  | 4,984 |  |  |  | 19,000 |  |  |  | 1,259 |  |  |  | 549 |  |  |  | 25,792 |
Operating income (loss) |  | $ | 2,877 |  |  | $ | 4,729 |  |  | $ | 336 |  |  | $ | (36 | ) |  | $ | 7,906 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  | Asset |  |  |  |  |  |  |  |  |
Three Months Ended September 30, 2015 |  | Factoring |  |  | Banking |  |  | Management |  |  | Corporate |  |  | Consolidated |
Total interest income |  | $ | 8,274 |  |  | $ | 16,743 |  |  | $ | 21 |  |  | $ | 265 |  |  | $ | 25,303 |
Intersegment interest allocations |  |  | (1,085 | ) |  |  | 1,085 |  |  |  | — |  |  |  | — |  |  |  | — |
Total interest expense |  |  | — |  |  |  | 1,789 |  |  |  | — |  |  |  | 283 |  |  |  | 2,072 |
Net interest income (expense) |  |  | 7,189 |  |  |  | 16,039 |  |  |  | 21 |  |  |  | (18 | ) |  |  | 23,231 |
Provision for loan losses |  |  | 35 |  |  |  | 130 |  |  |  | — |  |  |  | — |  |  |  | 165 |
Net interest income after provision |  |  | 7,154 |  |  |  | 15,909 |  |  |  | 21 |  |  |  | (18 | ) |  |  | 23,066 |
Bargain purchase gain |  |  | — |  |  |  | — |  |  |  | 1,708 |  |  |  | — |  |  |  | 1,708 |
Other noninterest income |  |  | 445 |  |  |  | 2,345 |  |  |  | 1,778 |  |  |  | 22 |  |  |  | 4,590 |
Noninterest expense |  |  | 4,618 |  |  |  | 12,680 |  |  |  | 1,617 |  |  |  | 1,630 |  |  |  | 20,545 |
Operating income (loss) |  | $ | 2,981 |  |  | $ | 5,574 |  |  | $ | 1,890 |  |  | $ | (1,626 | ) |  | $ | 8,819 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  | Asset |  |  |  |  |  |  |  |  |
Nine Months Ended September 30, 2016 |  | Factoring |  |  | Banking |  |  | Management |  |  | Corporate |  |  | Consolidated |
Total interest income |  | $ | 23,589 |  |  | $ | 62,399 |  |  | $ | 125 |  |  | $ | 605 |  |  | $ | 86,718 |
Intersegment interest allocations |  |  | (3,351 | ) |  |  | 3,351 |  |  |  | — |  |  |  | — |  |  |  | — |
Total interest expense |  |  | — |  |  |  | 6,908 |  |  |  | — |  |  |  | 996 |  |  |  | 7,904 |
Net interest income (expense) |  |  | 20,238 |  |  |  | 58,842 |  |  |  | 125 |  |  |  | (391 | ) |  |  | 78,814 |
Provision for loan losses |  |  | 118 |  |  |  | 4,128 |  |  |  | — |  |  |  | 1 |  |  |  | 4,247 |
Net interest income after provision |  |  | 20,120 |  |  |  | 54,714 |  |  |  | 125 |  |  |  | (392 | ) |  |  | 74,567 |
Other noninterest income |  |  | 1,622 |  |  |  | 5,984 |  |  |  | 4,819 |  |  |  | 2,323 |  |  |  | 14,748 |
Noninterest expense |  |  | 14,519 |  |  |  | 45,987 |  |  |  | 3,818 |  |  |  | 1,877 |  |  |  | 66,201 |
Operating income (loss) |  | $ | 7,223 |  |  | $ | 14,711 |  |  | $ | 1,126 |  |  | $ | 54 |  |  | $ | 23,114 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  | Asset |  |  |  |  |  |  |  |  |
Nine Months Ended September 30, 2015 |  | Factoring |  |  | Banking |  |  | Management |  |  | Corporate |  |  | Consolidated |
Total interest income |  | $ | 23,777 |  |  | $ | 49,166 |  |  | $ | 87 |  |  | $ | 449 |  |  | $ | 73,479 |
Intersegment interest allocations |  |  | (3,011 | ) |  |  | 3,011 |  |  |  | — |  |  |  | — |  |  |  | — |
Total interest expense |  |  | — |  |  |  | 5,035 |  |  |  | 10 |  |  |  | 833 |  |  |  | 5,878 |
Net interest income |  |  | 20,766 |  |  |  | 47,142 |  |  |  | 77 |  |  |  | (384 | ) |  |  | 67,601 |
Provision for loan losses |  |  | 402 |  |  |  | 2,856 |  |  |  | — |  |  |  | 93 |  |  |  | 3,351 |
Net interest income after provision |  |  | 20,364 |  |  |  | 44,286 |  |  |  | 77 |  |  |  | (477 | ) |  |  | 64,250 |
Bargain purchase gain |  |  | — |  |  |  | — |  |  |  | 14,217 |  |  |  | — |  |  |  | 14,217 |
Other noninterest income |  |  | 1,227 |  |  |  | 7,637 |  |  |  | 4,087 |  |  |  | 558 |  |  |  | 13,509 |
Noninterest expense |  |  | 13,380 |  |  |  | 37,786 |  |  |  | 5,053 |  |  |  | 4,744 |  |  |  | 60,963 |
Operating income (loss) |  | $ | 8,211 |  |  | $ | 14,137 |  |  | $ | 13,328 |  |  | $ | (4,663 | ) |  | $ | 31,013 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  | Asset |  |  |  |  |  |  |  |  |  |  |  |  |
September 30, 2016 |  | Factoring |  |  | Banking |  |  | Management |  |  | Corporate |  |  | Eliminations |  |  | Consolidated |
Total assets |  | $ | 201,788 |  |  | $ | 2,532,416 |  |  | $ | 15,766 |  |  | $ | 374,892 |  |  | $ | (549,372 | ) |  | $ | 2,575,490 |
Gross loans |  | $ | 190,132 |  |  | $ | 1,895,389 |  |  | $ | 886 |  |  | $ | 2,963 |  |  | $ | (129,515 | ) |  | $ | 1,959,855 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  | Asset |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2015 |  | Factoring |  |  | Banking |  |  | Management |  |  | Corporate |  |  | Eliminations |  |  | Consolidated |
Total assets |  | $ | 198,629 |  |  | $ | 1,601,072 |  |  | $ | 17,676 |  |  | $ | 303,253 |  |  | $ | (429,317 | ) |  | $ | 1,691,313 |
Gross loans |  | $ | 186,457 |  |  | $ | 1,223,028 |  |  | $ | 945 |  |  | $ | 18,455 |  |  | $ | (137,000 | ) |  | $ | 1,291,885 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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