Revenue From Contracts With Customers

6 Months Ended

Jun. 30, 2019

Revenue From Contracts With Customers [Abstract]

Revenue from Contracts with Customers

REVENUE FROM CONTRACTS WITH CUSTOMERS

Disaggregation of Revenue

The following table presents interest income and noninterest income, the components of total revenue, as disclosed in the condensed consolidated statements of earnings and the related amounts which are from contracts with customers within the scope of Topic 606 for the periods indicated. As illustrated here, substantially all of our revenue is specifically excluded from the scope of Topic 606.

	Three Months Ended June 30, 2019				Three Months Ended June 30, 2018
	Total		Revenue from		Total		Revenue from
	Recorded		Contracts with		Recorded		Contracts with
	Revenue		Customers		Revenue		Customers
	(In thousands)
Total interest income	$	314,533	$	—	$	288,514	$	—
Noninterest income:
Service charges on deposit accounts	3,771		3,771		4,265		4,265
Other commissions and fees	11,590		5,158		11,767		5,101
Leased equipment income	9,182		—		9,790		—
Gain on sale of loans	326		—		106		—
Gain on sale of securities	22,192		—		253		—
Other income	3,832		454		13,457		436
Total noninterest income	50,893		9,383		39,638		9,802
Total revenue	$	365,426	$	9,383	$	328,152	$	9,802

The following table presents revenue from contracts with customers based on the timing of revenue recognition for the periods indicated:

	Three Months Ended
	June 30,
	2019		2018
	(In thousands)
Products and services transferred at a point in time	$	4,987	$	4,930
Products and services transferred over time	4,396		4,872
Total revenue from contracts with customers	$	9,383	$	9,802

The following table presents interest income and noninterest income, the components of total revenue, as disclosed in the condensed consolidated statements of earnings and the related amounts which are from contracts with customers within the scope of Topic 606 for the periods indicated:

	Six Months Ended June 30, 2019				Six Months Ended June 30, 2018
	Total		Revenue from		Total		Revenue from
	Recorded		Contracts with		Recorded		Contracts with
	Revenue		Customers		Revenue		Customers
	(In thousands)
Total interest income	$	619,092	$	—	$	566,289	$	—
Noninterest income:
Service charges on deposit accounts	7,501		7,501		8,439		8,439
Other commissions and fees	22,598		9,696		22,032		9,752
Leased equipment income	18,464		—		19,377		—
Gain on sale of loans	326		—		4,675		—
Gain on sale of securities	24,353		—		6,564		—
Other income	8,715		825		17,110		897
Total noninterest income	81,957		18,022		78,197		19,088
Total revenue	$	701,049	$	18,022	$	644,486	$	19,088

The following table presents revenue from contracts with customers based on the timing of revenue recognition for the periods indicated:

	Six Months Ended
	June 30,
	2019		2018
	(In thousands)
Products and services transferred at a point in time	$	9,533	$	9,591
Products and services transferred over time	8,489		9,497
Total revenue from contracts with customers	$	18,022	$	19,088

Contract Balances

The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers:

	June 30, 2019		December 31, 2018
	(In thousands)
Receivables, which are included in "Other assets"	$	1,494	$	1,334
Contract assets, which are included in "Other assets"	$	—	$	—
Contract liabilities, which are included in "Accrued interest payable and other liabilities"	$	556	$	621

Contract liabilities relate to advance consideration received from customers for which revenue is recognized over the life of the contract. The change in contract liabilities for the six months ended June 30, 2019 due to revenue recognized that was included in the contract liability balance at the beginning of the period was $65,000.