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Industry Segment Information
 9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Industry Segment Information

Note 5 – 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 the summary of significant accounting policies in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. 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. 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 is as follows:

                  Corporate,      
Information Banking Eliminations
(In thousands) Services Services and Other Total
Three Months Ended September 30, 2016
       Fee revenue and other income:
              Income from customers $         25,090 $      6,538 $          — $       31,628
              Intersegment income (expense) 2,797 416 (3,213 ) —
       Net income 3,806 2,416 — 6,222
       Goodwill 11,454 136 — 11,590
       Other intangible assets, net 2,099 — — 2,099
       Total assets 808,568 742,933 (3,848 ) 1,547,653
Three Months Ended September 30, 2015
       Fee revenue and other income
              Income from customers $ 24,694 $ 5,903 $ — $ 30,597
              Intersegment income (expense) 2,310 410 (2,720 ) —

 

       Net income      3,961      1,919      —      5,880
       Goodwill 11,454 136 — 11,590
       Other intangible assets, net 2,507 — — 2,507
       Total assets 751,264 713,173 (30,917 ) 1,433,520
Nine Months Ended September 30, 2016
       Fee revenue and other income:
              Income from customers $     73,084 $    20,276 $     — $    93,360
              Intersegment income (expense) 8,870 1,195 (10,065 ) —
       Net income 10,231 7,693 — 17,924
       Goodwill 11,454 136 — 11,590
       Other intangible assets, net 2,099 — — 2,099
       Total assets 808,568 742,933 (3,848 ) 1,547,653
Nine Months Ended September 30, 2015
       Fee revenue and other income  
              Income from customers $ 73,120 $ 17,390 $ — $ 90,510
              Intersegment income (expense) 6,854 1,266 (8,120 ) —
       Net income 11,368 5,599 — 16,967
       Goodwill 11,454 136 — 11,590
       Other intangible assets, net 2,507 — — 2,507
       Total assets 751,264 713,173 (30,917 ) 1,433,520