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Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 2023
Revenue from Contracts with Customers  
Revenue from Contracts with Customers

Note 8 — Revenue from Contracts with Customers

All of the Company’s revenue from contracts with customers in the scope of ASC 606 is recognized within noninterest income. The following table presents the Company’s gross sources of noninterest income for the three and six months ended June 30, 2023 and 2022.

Three Months Ended June 30, 

Six Months Ended June 30, 

2023

2022

2023

2022

Noninterest Income

Service charges on deposit accounts

$

$

Overdraft fees

107

72

$

188

$

146

Other

98

89

190

183

Trust income

 

1,265

 

1,223

 

2,441

 

2,393

Investment advisory income

 

1,289

 

1,099

 

2,486

 

2,300

Investment securities gains (losses)(a)

 

 

 

107

 

Earnings on bank owned life insurance(a)

 

244

 

236

 

482

 

469

Other(b)

 

283

 

258

 

562

 

491

Total Noninterest Income

$

3,286

$

2,977

$

6,456

$

5,982

(a)Not within the scope of ASC 606.
(b)The Other category includes safe deposit income, checkbook fees, and debit card fee income, totaling $235 and $222 for the three months ended June 30, 2023 and 2022, respectively, and $467 and $413 for the six months ended June 30, 2023 and 2022, that are within the scope of ASC 606 and loan related fee income and miscellaneous income, totaling $48 and $35 for the three months ended June 30, 2023 and 2022, respectively, and the $95 and $78 for the six months ended June 30, 2023 and 2022 which are outside the scope of ASC 606.

The Company earns wealth management fees, which includes trust income and investment advisory income, from its contracts with trust and brokerage customers to manage assets for investment, and/or to transact on their accounts. These fees are primarily earned over time as the Company provides the contracted services and are generally assessed based on a tiered scale of the market value of the assets under management at month-end or quarter-end.