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Segment Financials (Tables)
12 Months Ended
Dec. 31, 2019
Segment Financials [Abstract]  
Schedule Of Segment Financials



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

For the year ended December 31, 2019



 

Specialty finance

 

Payments

 

Corporate

 

Discontinued operations

 

Total



 

(in thousands)

Interest income

 

$            126,814 

 

$                        - 

 

$              52,755 

 

$                        - 

 

$            179,569 

Interest allocation

 

 -

 

52,755 

 

(52,755)

 

 -

 

 -

Interest expense

 

1,429 

 

28,971 

 

7,881 

 

 -

 

38,281 

Net interest income (loss)

 

125,385 

 

23,784 

 

(7,881)

 

 -

 

141,288 

Provision for loan and lease losses

 

4,400 

 

 -

 

 -

 

 -

 

4,400 

Non-interest income

 

29,140 

 

74,742 

 

245 

 

 -

 

104,127 

Non-interest expense

 

63,884 

 

67,884 

 

36,753 

 

 -

 

168,521 

Income (loss) from continuing operations before taxes

 

86,241 

 

30,642 

 

(44,389)

 

 -

 

72,494 

Income tax expense

 

 -

 

 -

 

21,226 

 

 -

 

21,226 

Income (loss) from continuing operations

 

86,241 

 

30,642 

 

(65,615)

 

 -

 

51,268 

Income from discontinued operations

 

 -

 

 -

 

 -

 

291 

 

291 

Net income (loss)

 

$              86,241 

 

$              30,642 

 

$            (65,615)

 

$                   291 

 

$              51,559 



 



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

For the year ended December 31, 2018



 

Specialty finance

 

Payments

 

Corporate

 

Discontinued operations

 

Total



 

(in thousands)

Interest income

 

$              95,221 

 

$                        - 

 

$              52,739 

 

$                        - 

 

$            147,960 

Interest allocation

 

 -

 

52,739 

 

(52,739)

 

 -

 

 -

Interest expense

 

3,970 

 

21,293 

 

1,849 

 

 -

 

27,111 

Net interest income (loss)

 

91,251 

 

31,446 

 

(1,849)

 

 -

 

120,849 

Provision for loan and lease losses

 

3,585 

 

 -

 

 -

 

 -

 

3,585 

Non-interest income

 

89,187 

 

63,939 

 

668 

 

 -

 

153,795 

Non-interest expense

 

57,952 

 

65,894 

 

27,432 

 

 -

 

151,278 

Income (loss) from continuing operations before taxes

 

118,902 

 

29,492 

 

(28,613)

 

 -

 

119,781 

Income tax expense

 

 -

 

 -

 

32,241 

 

 -

 

32,241 

Income (loss) from continuing operations

 

118,902 

 

29,492 

 

(60,854)

 

 -

 

87,540 

Income from discontinued operations

 

 -

 

 -

 

 -

 

1,137 

 

1,137 

Net income (loss)

 

$            118,902 

 

$              29,492 

 

$            (60,854)

 

$                1,137 

 

$              88,677 











 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

For the year ended December 31, 2017



 

Specialty finance

 

Payments

 

Corporate

 

Discontinued operations

 

Total



 

(in thousands)

Interest income

 

$              78,464 

 

$                        - 

 

$              43,556 

 

$                        - 

 

$            122,020 

Interest allocation

 

 -

 

43,556 

 

(43,556)

 

 -

 

 -

Interest expense

 

3,455 

 

10,475 

 

1,410 

 

 -

 

15,340 

Net interest income (loss)

 

75,009 

 

33,081 

 

(1,410)

 

 -

 

106,680 

Provision for loan and lease losses

 

2,920 

 

 -

 

 -

 

 -

 

2,920 

Non-interest income

 

27,952 

 

61,781 

 

1,815 

 

 -

 

91,548 

Non-interest expense

 

56,472 

 

71,029 

 

27,413 

 

 -

 

154,914 

Income (loss) from continuing operations before taxes

 

43,569 

 

23,833 

 

(27,008)

 

 -

 

40,394 

Income tax expense

 

 -

 

 -

 

23,056 

 

 -

 

23,056 

Income (loss) from continuing operations

 

43,569 

 

23,833 

 

(50,064)

 

 -

 

17,338 

Income from discontinued operations

 

 -

 

 -

 

 -

 

4,335 

 

4,335 

Net income (loss)

 

$              43,569 

 

$              23,833 

 

$            (50,064)

 

$                4,335 

 

$              21,673 









 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

December 31, 2019



 

Specialty finance

 

Payments

 

Corporate

 

Discontinued operations

 

Total



 

(in thousands)

Total assets

 

$          3,008,304 

 

$               57,746 

 

$          2,450,256 

 

$             140,657 

 

$          5,656,963 

Total liabilities

 

$             247,485 

 

$          4,030,921 

 

$             894,060 

 

$                         - 

 

$          5,172,466 













 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

December 31, 2018



 

Specialty finance

 

Payments

 

Corporate

 

Discontinued operations

 

Total



 

(in thousands)

Total assets

 

$          2,181,499 

 

$               43,737 

 

$          2,014,844 

 

$             197,831 

 

$          4,437,911 

Total liabilities

 

$             281,326 

 

$          3,545,877 

 

$             203,932 

 

$                         - 

 

$          4,031,135