Sale of Subsidiary (Tables)

6 Months Ended

Jun. 30, 2019

Sale of Subsidiary [Abstract]

Net gain on disposal of discontinued operations

($ in thousands)	Year Ended December 31, 2018
Proceeds from the transaction	$	29,276
Compensation expense related to the transaction		2,588
Broker fees		935
Other transaction costs		594
Net cash proceeds		25,159
Net assets sold		(12,423)
Net gain on disposal	$	12,736

Financial information of discontinued operations

The following tables present the financial information of discontinued operations as of the dates and for the periods indicated:

	June 30,		December 31,
($ in thousands)	2019		2018
ASSETS
Goodwill	$	—	$	8
Other assets		—		625
Assets of discontinued operations	$	—	$	633
LIABILITIES
Accrued expenses and other liabilities	$	—	$	3,323
Liabilities of discontinued operations	$	—	$	3,323

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
($ in thousands)	2019		2018		2019		2018
Noninterest income
Insurance agency commissions	$	—	$	2,151	$	—	$	4,845
All other income		1		93		15		188
Total noninterest income		1		2,244		15		5,033
Noninterest expense
Salaries and wages		(3)		1,282		28		2,529
Employee benefits		—		324		7		665
Occupancy expense		(4)		105		14		209
Furniture and equipment		—		28		1		60
Amortization of intangible assets		—		11		—		23
Legal and professional fees		7		18		71		34
Other noninterest expenses		5		207		(3)		465
Total noninterest expense		5		1,975		118		3,985
(Loss) income from discontinued operations before income taxes		(4)		269		(103)		1,048
Income tax (benefit) expense		—		70		(25)		253
(Loss) income from discontinued operations	$	(4)	$	199	$	(78)	$	795