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Acquisitions and Divestitures (Tables)
6 Months Ended
Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]  
Summary of Carrying Amount of Assets in Disposal Group and Gain on Sale A summary of the carrying amount of the assets sold and the gain on sale is as follows:
(Dollars in thousands)
Equipment loans$191,167 
Accrued interest receivable1,587 
Assets sold192,754 
Cash consideration197,454 
Return of premium liability(708)
Total consideration196,746 
Transaction costs73 
Gain on sale, net of transaction costs$3,919 
A summary of the carrying amounts of the assets and liabilities sold and the gains on sale are as follows:
(Dollars in thousands)June 30, 2022September 6, 2022Total
Factored receivables$67,888 $20,131 $88,019 
Accrued interest and fee income— 17 17 
Assets held for sale67,888 20,148 88,036 
Customer reserve noninterest bearing deposits9,682 1,149 10,831 
Liabilities held for sale9,682 1,149 10,831 
Net assets sold58,206 18,999 77,205 
Cash consideration66,292 19,054 85,346 
Revenue share asset5,210 1,027 6,237 
Total consideration71,502 20,081 91,583 
Transaction costs82 49 131 
Gain on sale, net of transaction costs$13,214 $1,033 $14,247