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Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Disposal Groups, Including Discontinued Operations

The following table summarizes financial information related to FBBI which has been segregated from continuing operations and reported as discontinued operations for the period presented ($ in thousands):

 

 

 

Three Months Ended

 

 

 

March 31, 2024

 

Noninterest income:

 

 

 

Insurance commissions

 

$

15,464

 

Gain on sale of discontinued operations, net

 

 

 

Other, net

 

 

530

 

Total noninterest income

 

 

15,994

 

Noninterest expense:

 

 

 

Salaries and employee benefits

 

 

9,971

 

Services and fees

 

 

408

 

Net occupancy - premises

 

 

226

 

Equipment expense

 

 

60

 

Other expense

 

 

817

 

Total noninterest expense

 

 

11,482

 

Income from discontinued operations before income taxes

 

 

4,512

 

Income taxes from discontinued operations

 

 

1,150

 

Income from discontinued operations

 

$

3,362