Discontinued Operations

12 Months Ended

Dec. 31, 2013

Discontinued Operations [Abstract]

Discontinued Operations

NOTE 4 – Discontinued Operations

The components of discontinued operations are as follows (in thousands):

	Year Ended December 31,
	2013		2012		2011
Net revenues	$	11,794	$	18,537	$	23,494
Restructuring expense		6,881		-		-
Operating expenses		15,697		22,412		23,035
Total non-interest expenses		22,578		22,412		23,035
Income/(loss) from discontinued operations before income tax expense		(10,784)		(3,875)		459
Income tax expense		110		2,848		594
Loss from discontinued operations, net of tax	$	(10,894)	$	(6,723)	$	(135)