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Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

 

(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