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Industry Segment Information
 12 Months Ended
Dec. 31, 2015
Industry Segment Information [Abstract]  
Industry Segment Information

Note 16
Industry Segment Information

The services provided by the Company are classified into two reportable segments: Information Services and Banking Services. Each of these segments provides distinct services that are marketed through different channels. They are managed separately due to their unique service, processing and capital requirements. The Information Services segment provides transportation, energy, telecommunication, and environmental invoice processing and payment services to large corporations. The Banking Services segment provides banking services primarily to privately held businesses and churches.

The Company's accounting policies for segments are the same as those described in Note 1 of this report. Management evaluates segment performance based on net income after allocations for corporate expenses and income taxes. Transactions between segments are accounted for at what management believes to be fair value.

Substantially all revenue originates from and all long-lived assets are located within the United States, and no revenue from any customer of any segment exceeds 10% of the Company's consolidated revenue. Assets represent actual assets owned by Information Services and Banking Services and there is no allocation methodology used. Loans are sold by Banking Services to Information Services to create liquidity when the Bank's loan to deposit ratio is greater than 100%. Segment interest from customers is the actual interest earned on the loans owned by Information Services and Banking Services, respectively.

 

Summarized information about the Company's operations in each industry segment for the years ended December 31, 2015, 2014 and 2013, is as follows:

 

Corporate,
  Information   Banking   Eliminations      
(In thousands)   Services   Services   and Other       Total
2015                
Fee revenue and other income:        
              Income from customers     $ 82,144   $ 1,224     $ —     $ 83,368
              Intersegment income (expense)   10,078   1,648   (11,726 )   —
Net interest income (expense) after provision              
       for loan losses:              
              Income from customers   14,598   22,851   —   37,449
              Intersegment income (expense)     12   (12 )     —     —
Depreciation and amortization   3,164   151   101   3,416
Income taxes     2,818   5,160     —     7,978
Net income   14,635   8,421   —   23,056
Goodwill     11,454   136     —     11,590
Other intangible assets, net   2,405   —   —   2,405
Total assets     $ 702,491   $ 761,739     $ (8,724 )     $ 1,455,506
2014        
Fee revenue and other income:              
              Income from customers   $ 78,773   $ 1,134   $ —   $ 79,907
              Intersegment income (expense)     9,210   1,504     (10,714 )     —
Net interest income (expense) after provision        
       for loan losses:        
              Income from customers     15,678   21,621     —     37,299
              Intersegment income (expense)   12   (12 )   —   —
Depreciation and amortization     2,795   182     119     3,096
Income taxes   3,006   4,753   —   7,759
Net income     16,379   7,654     —     24,033
Goodwill   11,454   136   —   11,590
Other intangible assets, net     2,762   —     —     2,762
Total assets     $ 782,844   $ 755,400     $ (37,513 )     $ 1,500,731
2013              
Fee revenue and other income:              
              Income from customers     $ 75,010   $ 1,216     $ 346
    $ 76,572
              Intersegment income (expense)   9,637   1,479   (11,116 )   —
Net interest income (expense) after provision              
       for loan losses:              
              Income from customers   15,986   22,259   —   38,245
              Intersegment income (expense)     11   (11 )     —     —
Depreciation and amortization   2,638   143   115   2,896
Income taxes     2,232   5,002     —     7,234
Net income   15,237   8,133   127
  23,497
Goodwill     11,454   136     —     11,590
Other intangible assets, net   3,222   —   —   3,222
Total assets     $ 657,604   $ 679,357     $ (10,941 )     $ 1,326,020