Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2013

Discontinued Operations And Disposal Groups [Abstract]

Summary of Accounting Transactions that Resulted in a Loss on Disposal of Discontinued Operations

The following table presents detailed information on the accounting transactions that resulted in a loss on disposal of discontinued operations:

(Dollars in thousands)	Amount
Fair value of consideration received
Fair value of the promissory note	$	3,941
Cash payment		521
Carrying amount of the noncontrolling interest		3,476
Total fair value of consideration received and carrying amount of noncontrolling interest		7,938
Less: The carrying amount of the former subsidiary’s assets and liabilities		8,684
Total loss on disposal of discontinued operations	$	(746	)

Summary of Financial Information for Discontinued Operations

The following table presents summarized financial information for discontinued operations for the years ended December 31, 2012, and 2011. The amounts represented are net of intercompany transactions.

(Dollars in thousands)	2012			2011
Interest on fees and loans	$	969		$	1,054
Interest on other borrowings		1,032			1,122
Net interest income		(63	)		(68	)
Mortgage banking revenue, net		10,614			13,879
Noninterest income		10,614			13,879
Salaries and related benefits		6,807			8,832
Occupancy and equipment expense		672			962
Professional service fees		695			1,252
Other expenses		1,096			1,253
Noninterest expense		9,270			12,299
Income from operations		1,281			1,512
Loss on disposal of Mortgage Subsidiary		(746	)		0
Income from discontinued operations		535			1,512
Income tax expense associated with income from discontinued operations		331			392
Net income from discontinued operations		204			1,120
Less: Net income from discontinued operations attributable to noncontrolling interest		348			549
Net (loss) income from discontinued operations attributable to controlling interest	$	(144	)	$	571