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Business Segment Information
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Business Segment Information BUSINESS SEGMENT INFORMATION
The following presents the Company’s operating segments. The accounting policies of the segments are substantially 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 and the Payments segment (when the Payments segment is not self-funded) based on Federal Home Loan Bank advance rates. When the Payments segment is self-funded with funding in excess of its factored receivables, intersegment interest income is allocated based on the Federal Funds effective rate. Credit loss expense is allocated based on the segment’s allowance for credit losses determination. Noninterest income and expense directly attributable to a segment are assigned accordingly. The majority of salaries and benefits expense for our executive leadership team as well as other selling, general, and administrative shared services costs, including a significant amount of information technology expense, are allocated to the Banking segment.. Taxes are paid on a consolidated basis and are not allocated for segment purposes. The Factoring segment includes only factoring originated by Triumph Financial Services.
(Dollars in thousands)
Year Ended December 31, 2022BankingFactoringPaymentsCorporateConsolidated
Total interest income$195,871 $207,114 $16,079 $175 $419,239 
Intersegment interest allocations9,567 (9,444)(123)— — 
Total interest expense10,873 — — 7,874 18,747 
Net interest income (expense)194,565 197,670 15,956 (7,699)400,492 
Credit loss expense (benefit)2,753 2,895 218 1,059 6,925 
Net interest income (expense) after credit loss expense191,812 194,775 15,738 (8,758)393,567 
Noninterest income41,096 22,272 20,620 80 84,068 
Noninterest expense186,770 87,197 63,231 3,433 340,631 
Operating income (loss)$46,138 $129,850 $(26,873)$(12,111)$137,004 
(Dollars in thousands)
Year Ended December 31, 2021BankingFactoringPaymentsCorporateConsolidated
Total interest income$189,621 $185,741 $12,093 $100 $387,555 
Intersegment interest allocations10,389 (9,878)(511)— — 
Total interest expense10,205 — — 8,220 18,425 
Net interest income (expense)189,805 175,863 11,582 (8,120)369,130 
Credit loss expense (benefit)(19,016)9,691 438 57 (8,830)
Net interest income (expense) after credit loss expense208,821 166,172 11,144 (8,177)377,960 
Noninterest income33,447 13,005 7,451 598 54,501 
Noninterest expense169,114 74,768 39,769 3,856 287,507 
Operating income (loss)$73,154 $104,409 $(21,174)$(11,435)$144,954 
(Dollars in thousands)
Year Ended December 31, 2020BankingFactoringPaymentsCorporateConsolidated
Total interest income$207,978 $109,391 $4,474 $272 $322,115 
Intersegment interest allocations12,815 (12,371)(444)— — 
Total interest expense29,910 — — 7,477 37,387 
Net interest income (expense)190,883 97,020 4,030 (7,205)284,728 
Credit loss expense (benefit)20,217 16,042 172 1,898 38,329 
Net interest income (expense) after credit loss expense170,666 80,978 3,858 (9,103)246,399 
Gain on sale of subsidiary or division9,758 — — — 9,758 
Other noninterest income29,379 21,010 125 113 50,627 
Noninterest expense151,115 54,011 12,880 4,068 222,074 
Operating income (loss)$58,688 $47,977 $(8,897)$(13,058)$84,710 
Total assets and gross loans below include intersegment loans, which eliminate in consolidation.
(Dollars in thousands)
December 31, 2022BankingFactoringPaymentsCorporateEliminationsConsolidated
Total assets$4,931,666 $1,250,476 $371,948 $1,040,175 $(2,260,482)$5,333,783 
Gross loans$3,576,216 $1,151,727 $85,722 $— $(693,374)$4,120,291 
(Dollars in thousands)
December 31, 2021BankingFactoringPaymentsCorporateEliminationsConsolidated
Total assets$5,568,826 $1,679,495 $293,212 $1,009,998 $(2,595,281)$5,956,250 
Gross loans$4,444,136 $1,546,361 $153,176 $700 $(1,276,801)$4,867,572