Revenue Recognition (Policy)

3 Months Ended

Mar. 31, 2019

Management has determined that the primary sources of revenue emanating from interest income on loans and investments along with noninterest revenue resulting from investment security gains, loan servicing, gains on the sale of loans, commitment fees, and fees from financial guarantees are not within the scope of ASC 606. As a result, no changes were made during the period related to those sources of revenue.

The following presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three months ended March 31:


(dollars in thousands)

Noninterest Income		2019		2018
In-scope of Topic 606:
Service charges on deposit accounts	$	67	$	65
ATM fees		90		96
Overdraft fees		351		384
Safe deposit box rental		26		30
Loan related service fees		129		80
Debit card fees		326		295
Fiduciary activities		142		137
Commissions on mutual funds and annuities		55		43
Other income		115		139
Noninterest Income (in-scope of Topic 606)		1,301		1,269

Out-of-scope of Topic 606:
Net realized gains on sales of securities		-		142
Loan servicing fees		15		10
Gains on sales of loans		42		-
Earnings on and proceeds from bank-owned life insurance		202		273
Noninterest Income (out-of-scope of Topic 606)		259		425
Total Noninterest Income	$	1,560	$	1,694