XML 33 R20.htm IDEA: XBRL DOCUMENT v3.24.0.1
Revenue from Contracts with Customers
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers

Note 12 – Revenue from Contracts with Customers

The following table presents noninterest income disaggregated by reportable operating segment and revenue stream for the periods presented ($ in thousands):

 

 

 

Year Ended December 31, 2023

 

 

Year Ended December 31, 2022

 

 

Year Ended December 31, 2021

 

 

 

Topic 606

 

 

Not Topic
606
(1)

 

 

Total

 

 

Topic 606

 

 

Not Topic
606
(1)

 

 

Total

 

 

Topic 606

 

 

Not Topic
606
(1)

 

 

Total

 

General Banking
   Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on
   deposit accounts

 

$

43,329

 

 

$

 

 

$

43,329

 

 

$

42,073

 

 

$

 

 

$

42,073

 

 

$

33,169

 

 

$

 

 

$

33,169

 

Bank card and other fees

 

 

30,387

 

 

 

2,995

 

 

 

33,382

 

 

 

31,474

 

 

 

4,584

 

 

 

36,058

 

 

 

30,897

 

 

 

3,727

 

 

 

34,624

 

Mortgage banking, net

 

 

 

 

 

26,216

 

 

 

26,216

 

 

 

 

 

 

28,306

 

 

 

28,306

 

 

 

 

 

 

63,750

 

 

 

63,750

 

Wealth management

 

 

838

 

 

 

 

 

 

838

 

 

 

639

 

 

 

 

 

 

639

 

 

 

48

 

 

 

 

 

 

48

 

Other, net

 

 

11,769

 

 

 

(2,076

)

 

 

9,693

 

 

 

8,469

 

 

 

805

 

 

 

9,274

 

 

 

6,621

 

 

 

(338

)

 

 

6,283

 

Security gains (losses),
   net

 

 

 

 

 

39

 

 

 

39

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total noninterest
   income

 

$

86,323

 

 

$

27,174

 

 

$

113,497

 

 

$

82,655

 

 

$

33,695

 

 

$

116,350

 

 

$

70,735

 

 

$

67,139

 

 

$

137,874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wealth Management
   Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on
   deposit accounts

 

$

87

 

 

$

 

 

$

87

 

 

$

84

 

 

$

 

 

$

84

 

 

$

77

 

 

$

 

 

$

77

 

Bank card and other fees

 

 

57

 

 

 

 

 

 

57

 

 

 

47

 

 

 

 

 

 

47

 

 

 

38

 

 

 

 

 

 

38

 

Wealth management

 

 

34,254

 

 

 

 

 

 

34,254

 

 

 

34,374

 

 

 

 

 

 

34,374

 

 

 

35,142

 

 

 

 

 

 

35,142

 

Other, net

 

 

162

 

 

 

376

 

 

 

538

 

 

 

528

 

 

 

39

 

 

 

567

 

 

 

130

 

 

 

33

 

 

 

163

 

Total noninterest
   income

 

$

34,560

 

 

$

376

 

 

$

34,936

 

 

$

35,033

 

 

$

39

 

 

$

35,072

 

 

$

35,387

 

 

$

33

 

 

$

35,420

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance commissions

 

$

57,569

 

 

$

 

 

$

57,569

 

 

$

53,721

 

 

$

 

 

$

53,721

 

 

$

48,511

 

 

$

 

 

$

48,511

 

Other, net

 

 

956

 

 

 

 

 

 

956

 

 

 

1

 

 

 

 

 

 

1

 

 

 

105

 

 

 

 

 

 

105

 

Total noninterest
   income

 

$

58,525

 

 

$

 

 

$

58,525

 

 

$

53,722

 

 

$

 

 

$

53,722

 

 

$

48,616

 

 

$

 

 

$

48,616

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on
   deposit accounts

 

$

43,416

 

 

$

 

 

$

43,416

 

 

$

42,157

 

 

$

 

 

$

42,157

 

 

$

33,246

 

 

$

 

 

$

33,246

 

Bank card and other fees

 

 

30,444

 

 

 

2,995

 

 

 

33,439

 

 

 

31,521

 

 

 

4,584

 

 

 

36,105

 

 

 

30,935

 

 

 

3,727

 

 

 

34,662

 

Mortgage banking, net

 

 

 

 

 

26,216

 

 

 

26,216

 

 

 

 

 

 

28,306

 

 

 

28,306

 

 

 

 

 

 

63,750

 

 

 

63,750

 

Insurance commissions

 

 

57,569

 

 

 

 

 

 

57,569

 

 

 

53,721

 

 

 

 

 

 

53,721

 

 

 

48,511

 

 

 

 

 

 

48,511

 

Wealth management

 

 

35,092

 

 

 

 

 

 

35,092

 

 

 

35,013

 

 

 

 

 

 

35,013

 

 

 

35,190

 

 

 

 

 

 

35,190

 

Other, net

 

 

12,887

 

 

 

(1,700

)

 

 

11,187

 

 

 

8,998

 

 

 

844

 

 

 

9,842

 

 

 

6,856

 

 

 

(305

)

 

 

6,551

 

Security gains (losses),
   net

 

 

 

 

 

39

 

 

 

39

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total noninterest
   income

 

$

179,408

 

 

$

27,550

 

 

$

206,958

 

 

$

171,410

 

 

$

33,734

 

 

$

205,144

 

 

$

154,738

 

 

$

67,172

 

 

$

221,910

 

(1)
Noninterest income not in scope for FASB ASC Topic 606 includes customer derivatives revenue and miscellaneous credit card income within bank card and other fees; mortgage banking, net; amortization of tax credits, accretion of the FDIC indemnification asset, cash surrender value on various life insurance policies, earnings on Trustmark’s non-qualified deferred compensation plans, other partnership investments and rental income within other, net; and securities gains (losses), net.