SALES OF BRANCH, SUBSIDIARY AND BUSINESS UNITS (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Disposal groups including discontinued operations

The following table summarizes the calculation of the net gain on disposal of discontinued operations:

	Year Ended December, 31
($ in thousands)	2019		2018		2017			Total Net Gain on Disposal After Completion of Sale
Proceeds from the transaction	$	—	$	—	$	63,054		$	63,054
Compensation expense related to the transaction	—		1,003		(3,500		)	(2,497		)
Other transaction costs	—		436		(3,431		)	(2,995		)
Net cash proceeds	—		1,439		56,123			57,562
Book value of certain assets sold	—		—		(2,455		)	(2,455		)
Book value of MSRs sold	—		—		(37,772		)	(37,772		)
Goodwill	—		—		(2,100		)	(2,100		)
Net gain on disposal	$	—	$	1,439	$	13,796		$	15,235

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

Statements of Financial Condition of Discontinued Operations

	December 31,
($ in thousands)	2019		2018
ASSETS
Loans held-for-sale, carried at fair value	$	—	$	19,490
Assets of discontinued operations	$	—	$	19,490
LIABILITIES
Liabilities of discontinued operations	$	—	$	—

Statements of Operations of Discontinued Operations

	Year Ended December 31,
($ in thousands)	2019		2018		2017
Interest income
Loans, including fees	$	—	$	665	$	7,052
Total interest income	—		665		7,052
Noninterest income
Net gain on disposal	—		1,439		13,796
Loan servicing income	—		—		1,551
Net revenue on mortgage banking activities	—		428		42,889
All other income	—		2,200		1,871
Total noninterest income	—		4,067		60,107
Noninterest expense
Salaries and employee benefits	—		20		38,374
Occupancy and equipment	—		—		3,964
Professional fees	—		—		2,546
Outside Service Fees	—		—		5,625
Data processing	—		8		687
Advertising	—		—		1,357
Restructuring expense	—		—		3,794
All other expenses	—		108		3,648
Total noninterest expense	—		136		59,995
Income from discontinued operations before income taxes	—		4,596		7,164
Income tax expense	—		1,271		2,929
Income from discontinued operations	$	—	$	3,325	$	4,235

Statements of Cash Flows of Discontinued Operations

	Year Ended December 31,
($ in thousands)	2019		2018		2017
Net cash provided by operating activities	$	—	$	14,916	$	365,045
Net cash provided by investing activities	—		—		56,123
Net cash provided by discontinued operations	$	—	$	14,916	$	421,168