Annual report pursuant to Section 13 and 15(d)

Sale of Insurance Subsidiaries and Discontinued Operations (Tables)

v3.3.1.900
Sale of Insurance Subsidiaries and Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Summarized Financial Information of Discontinued Operations
Summarized financial information for our discontinued operations related to Chun-Ha and All World are as follows:
 
June 30, 2014
 
(In thousands)
Cash and cash equivalents
$
1,602

Premises and equipment, net
90

Other intangible assets, net
1,089

Other assets
2,855

Total assets
$
5,636

Income tax payable
$
415

Accrued expenses and other liabilities
1,878

Total liabilities
$
2,293

Net assets of discontinued operations
$
3,343







 
Year Ended December 31,
 
2014
 
2013
 
(In thousands)
Noninterest (loss) income
$
(14
)
 
$
115

Gain on disposal
51

 

Income before taxes
37


115

Provision for income taxes
481

 
42

Net (loss) income from discontinued operations
$
(444
)

$
73

Total assets
$

 
$
5,944

Net assets of discontinued operations
$

 
$
2,469