Revenue from Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Revenue from Contracts with Customers

OREO – The Company currently does not have any OREO and has not in recent years. Net gains or losses would be recorded when other real estate is sold to a third party and substantially all of the consideration for the transfer of property is received.

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	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(In thousands)	2020		2019		2020		2019
Fee revenue and other income
In-scope of FASB ASC 606
Invoice processing fees	$	18,650	$	20,408	$	55,697	$	61,397
Invoice payment fees		5,726		7,333		16,843		19,653
Information services payment and processing revenue		24,376		27,741		72,540		81,050
Bank service fees		441		307		1,249		984
Fee revenue (in-scope of FASB ASC 606)		24,817		28,048		73,789		82,034
Other income (out-of-scope of FASB ASC 606)		115		214		1,412		613
Total fee revenue and other income		24,932		28,262		75,201		82,647
Net interest income after provision for loan losses (out-of-scope of  FASB ASC 606)1		10,814		12,274		32,623		35,653
Total net revenue	$	35,746	$	40,536	$	107,824	$	118,300

¹ The Company earns interest income from the balances generated during the invoice processing and payment cycle and on deposit accounts, which is an integral component of the Company’s revenue, but is out-of-scope of FASB ASC 606.