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Revenue Recognition
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

13. REVENUE RECOGNITION

 

The following presents noninterest income, segregated by revenue streams in-scope and out-of-scope of ASU No. 2014-09 “Revenue from Contracts with Customers (Topic 606)”, for the periods indicated.

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(Dollars in thousands)

 

Noninterest income:

 

 

 

 

 

 

 

 

 

 

 

 

In-scope of Topic 606:

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on deposit accounts

 

$

5,333

 

 

$

4,169

 

 

$

10,392

 

 

$

8,154

 

Trust and investment services

 

 

2,962

 

 

 

3,167

 

 

 

5,784

 

 

 

5,778

 

Bankcard services

 

 

310

 

 

 

533

 

 

 

726

 

 

 

883

 

Gain on OREO, net

 

 

-

 

 

 

48

 

 

 

-

 

 

 

477

 

Other

 

 

5,462

 

 

 

1,679

 

 

 

7,080

 

 

 

3,361

 

Noninterest Income (in-scope of Topic 606)

 

 

14,067

 

 

 

9,596

 

 

 

23,982

 

 

 

18,653

 

Noninterest Income (out-of-scope of Topic 606)

 

 

603

 

 

 

1,240

 

 

 

1,952

 

 

 

5,864

 

Total noninterest income

 

$

14,670

 

 

$

10,836

 

 

$

25,934

 

 

$

24,517

 

 

Refer to Note 3 – Summary of Significant Accounting Policies and Note 23 – Revenue Recognition, included in our Annual Report on Form 10-K for the year ended December 31, 2021 for a more detailed discussion about noninterest revenue streams that are in-scope of Topic 606.