Revenue Recognition

3 Months Ended

Mar. 31, 2024

Revenue Recognition [Abstract]

Revenue Recognition

2.           Revenue Recognition

Under ASC Topic 606, management determined that the primary sources of revenue emanating from interest and dividend income on loans and investments along with noninterest revenue resulting from investment security gains, loan servicing, gains on the sale of loans sold and earnings on bank-owned life insurance are not within the scope of this Topic.

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:

	Three months ended
	March 31,
(dollars in thousands)
Noninterest Income	2024		2023
In-scope of Topic 606:
Service charges on deposit accounts	$	112	$	103
ATM fees		106		106
Overdraft fees		355		320
Safe deposit box rental		24		26
Loan related service fees		131		153
Debit card fees		526		559
Fiduciary activities		238		212
Commissions on mutual funds and annuities		68		26
Other income		151		172
Noninterest Income (in-scope of Topic 606)		1,711		1,677
Out-of-scope of Topic 606:
Net realized gains (losses) on sales of securities		—		2
Loan servicing fees		21		20
Gains on sales of loans		6		—
Earnings on and proceeds from bank-owned life insurance		268		213
Noninterest Income (out-of-scope of Topic 606)		295		235
Total Noninterest Income	$	2,006	$	1,912