Revenue From Contracts With Customers

9 Months Ended

Sep. 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 September 30, 2019				Three Months Ended September 30, 2018
	Total		Revenue from		Total		Revenue from
	Recorded		Contracts with		Recorded		Contracts with
	Revenue		Customers		Revenue		Customers
	(In thousands)
Total interest income	$	307,208	$	—	$	292,642	$	—
Noninterest income:
Service charges on deposit accounts	3,525		3,525		3,979		3,979
Other commissions and fees	10,855		4,965		12,397		4,767
Leased equipment income	9,615		—		9,120		—
Gain on sale of loans	765		—		—		—
Gain on sale of securities	908		—		826		—
Other income	7,761		428		10,590		444
Total noninterest income	33,429		8,918		36,912		9,190
Total revenue	$	340,637	$	8,918	$	329,554	$	9,190

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

	Three Months Ended
	September 30,
	2019		2018
	(In thousands)
Products and services transferred at a point in time	$	5,046	$	4,604
Products and services transferred over time	3,872		4,586
Total revenue from contracts with customers	$	8,918	$	9,190

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:

	Nine Months Ended September 30, 2019				Nine Months Ended September 30, 2018
	Total		Revenue from		Total		Revenue from
	Recorded		Contracts with		Recorded		Contracts with
	Revenue		Customers		Revenue		Customers
	(In thousands)
Total interest income	$	926,300	$	—	$	858,931	$	—
Noninterest income:
Service charges on deposit accounts	11,026		11,026		12,418		12,418
Other commissions and fees	33,453		14,661		34,429		14,519
Leased equipment income	28,079		—		28,497		—
Gain on sale of loans	1,091		—		4,675		—
Gain on sale of securities	25,261		—		7,390		—
Other income	16,476		1,253		27,700		1,341
Total noninterest income	115,386		26,940		115,109		28,278
Total revenue	$	1,041,686	$	26,940	$	974,040	$	28,278

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

	Nine Months Ended
	September 30,
	2019		2018
	(In thousands)
Products and services transferred at a point in time	$	14,579	$	14,195
Products and services transferred over time	12,361		14,083
Total revenue from contracts with customers	$	26,940	$	28,278

Contract Balances

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

	September 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"	$	523	$	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 nine months ended September 30, 2019 due to revenue recognized that was included in the contract liability balance at the beginning of the period was $98,000.