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Business Segment Information | 12 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Business Segment Information | NOTE 22 – BUSINESS SEGMENT INFORMATION The following presents the Company’s operating segments. The accounting policies of the segments are the same as those described in Note 1 – Summary of Significant Accounting Policies. 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 ALLL determination. 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. On March 31, 2017, the Company sold its 100% membership interest in Triumph Capital Advisors, LLC (“TCA”) and discontinued fee based asset management services. TCA operations for the years ended December 31, 2017 and 2016 are reflected in the Corporate segment, along with the gain on sale of the Company’s membership interest in TCA.
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Year Ended December 31, 2018 |  | Banking |  |  | Factoring |  |  | Corporate |  |  | Consolidated |
Total interest income |  | $ | 170,871 |  |  | $ | 90,092 |  |  | $ | 2,013 |  |  | $ | 262,976 |
Intersegment interest allocations |  |  | 20,191 |  |  |  | (20,191 | ) |  |  | — |  |  |  | — |
Total interest expense |  |  | 29,834 |  |  |  | — |  |  |  | 6,092 |  |  |  | 35,926 |
Net interest income (expense) |  |  | 161,228 |  |  |  | 69,901 |  |  |  | (4,079 | ) |  |  | 227,050 |
Provision for loan losses |  |  | 12,373 |  |  |  | 3,802 |  |  |  | (8 | ) |  |  | 16,167 |
Net interest income (expense) after provision |  |  | 148,855 |  |  |  | 66,099 |  |  |  | (4,071 | ) |  |  | 210,883 |
Gain on sale of subsidiary or division |  |  | 1,071 |  |  |  | — |  |  |  | — |  |  |  | 1,071 |
Other noninterest income |  |  | 18,364 |  |  |  | 3,483 |  |  |  | 52 |  |  |  | 21,899 |
Noninterest expense |  |  | 119,283 |  |  |  | 43,495 |  |  |  | 4,575 |  |  |  | 167,353 |
Operating income (loss) |  | $ | 49,007 |  |  | $ | 26,087 |  |  | $ | (8,594 | ) |  | $ | 66,500 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Year Ended December 31, 2017 |  | Banking |  |  | Factoring |  |  | Corporate |  |  | Consolidated |
Total interest income |  | $ | 130,480 |  |  | $ | 45,346 |  |  |  | 1,398 |  |  | $ | 177,224 |
Intersegment interest allocations |  |  | 8,023 |  |  |  | (8,023 | ) |  |  | — |  |  |  | — |
Total interest expense |  |  | 16,240 |  |  |  | — |  |  |  | 5,300 |  |  |  | 21,540 |
Net interest income (expense) |  |  | 122,263 |  |  |  | 37,323 |  |  |  | (3,902 | ) |  |  | 155,684 |
Provision for loan losses |  |  | 9,310 |  |  |  | 2,227 |  |  |  | 91 |  |  |  | 11,628 |
Net interest income (expense) after provision |  |  | 112,953 |  |  |  | 35,096 |  |  |  | (3,993 | ) |  |  | 144,056 |
Gain on sale of subsidiary or division |  |  | — |  |  |  | — |  |  |  | 20,860 |  |  |  | 20,860 |
Other noninterest income |  |  | 14,336 |  |  |  | 2,737 |  |  |  | 2,723 |  |  |  | 19,796 |
Noninterest expense |  |  | 90,632 |  |  |  | 22,641 |  |  |  | 10,341 |  |  |  | 123,614 |
Operating income (loss) |  | $ | 36,657 |  |  | $ | 15,192 |  |  | $ | 9,249 |  |  | $ | 61,098 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Year Ended December 31, 2016 |  | Banking |  |  | Factoring |  |  | Corporate |  |  | Consolidated |
Total interest income |  | $ | 90,823 |  |  | $ | 32,824 |  |  | $ | 845 |  |  | $ | 124,492 |
Intersegment interest allocations |  |  | 4,583 |  |  |  | (4,583 | ) |  |  | — |  |  |  | — |
Total interest expense |  |  | 9,872 |  |  |  | — |  |  |  | 2,262 |  |  |  | 12,134 |
Net interest income (expense) |  |  | 85,534 |  |  |  | 28,241 |  |  |  | (1,417 | ) |  |  | 112,358 |
Provision for loan losses |  |  | 6,239 |  |  |  | 454 |  |  |  | — |  |  |  | 6,693 |
Net interest income (expense) after provision |  |  | 79,295 |  |  |  | 27,787 |  |  |  | (1,417 | ) |  |  | 105,665 |
Noninterest income |  |  | 9,077 |  |  |  | 2,256 |  |  |  | 9,623 |  |  |  | 20,956 |
Noninterest expense |  |  | 65,795 |  |  |  | 19,551 |  |  |  | 7,766 |  |  |  | 93,112 |
Operating income (loss) |  | $ | 22,577 |  |  | $ | 10,492 |  |  | $ | 440 |  |  | $ | 33,509 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2018 |  | Banking |  |  | Factoring |  |  | Corporate |  |  | Eliminations |  |  | Consolidated |
Total assets |  | $ | 4,458,399 |  |  | $ | 688,245 |  |  | $ | 737,530 |  |  | $ | (1,324,395 | ) |  | $ | 4,559,779 |
Gross loans held for investment |  | $ | 3,523,850 |  |  | $ | 588,750 |  |  | $ | 10,795 |  |  | $ | (514,751 | ) |  | $ | 3,608,644 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2017 |  | Banking |  |  | Factoring |  |  | Corporate |  |  | Eliminations |  |  | Consolidated |
Total assets |  | $ | 3,444,322 |  |  | $ | 360,922 |  |  | $ | 504,656 |  |  | $ | (810,867 | ) |  | $ | 3,499,033 |
Gross loans held for investment |  | $ | 2,784,147 |  |  | $ | 346,293 |  |  | $ | 11,936 |  |  | $ | (331,520 | ) |  | $ | 2,810,856 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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