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Revenue from Contracts with Customers (Tables)
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables summarize total revenues as presented in the Unaudited Consolidated Statements of Income and the related amounts that are from contracts with customers within the scope of ASC 606. As shown below, a substantial portion of our revenues are specifically excluded from the scope of ASC 606.
For the three months ended September 30, 20222021
(Dollars in thousands)
Revenue (1)
ASC 606 Revenue (2)
Revenue (1)
ASC 606 Revenue (2)
Net interest income$42,042 $— $36,070 $— 
Noninterest income:
Asset-based wealth management revenues
9,302 9,302 10,224 10,224 
Transaction-based wealth management revenues
223 223 231 231 
Total wealth management revenues
9,525 9,525 10,455 10,455 
Mortgage banking revenues
2,047 — 6,373 — 
Card interchange fees
1,287 1,287 1,265 1,265 
Service charges on deposit accounts
819 819 673 673 
Loan related derivative income
1,041 — 728 — 
Income from bank-owned life insurance
684 — 618 — 
Other income
400 316 408 310 
Total noninterest income15,803 11,947 20,520 12,703 
Total revenues$57,845 $11,947 $56,590 $12,703 
(1)As reported in the Unaudited Consolidated Statements of Income.
(2)Revenue from contracts with customers in scope of ASC 606.
For the nine months ended September 30, 20222021
(Dollars in thousands)Revenue (1)
ASC 606 Revenue (2)
Revenue (1)
ASC 606 Revenue (2)
Net interest income$114,648 $— $103,695 $— 
Noninterest income:
Asset-based wealth management revenues
29,154 29,154 29,798 29,798 
Transaction-based wealth management revenues
968 968 980 980 
Total wealth management revenues
30,122 30,122 30,778 30,778 
Mortgage banking revenues
7,630 — 24,294 — 
Card interchange fees
3,754 3,754 3,714 3,714 
Service charges on deposit accounts
2,250 2,250 1,917 1,917 
Loan related derivative income
2,011 — 2,370 — 
Income from bank-owned life insurance
1,900 — 1,781 — 
Other income
1,147 880 2,233 1,834 
Total noninterest income48,814 37,006 67,087 38,243 
Total revenues$163,462 $37,006 $170,782 $38,243 
(1)As reported in the Unaudited Consolidated Statements of Income.
(2)Revenue from contracts with customers in scope of ASC 606.

The Corporation recognizes revenue that is transactional in nature and such revenue is earned at a point in time. Revenue that is recognized at a point in time includes card interchange fees (fee income related to debit card transactions), ATM fees, wire transfer fees, overdraft charge fees, and stop-payment and returned check fees. Such revenue is derived from transactional information and is recognized as revenue immediately as the transactions occur or upon providing the service to complete the customer’s transaction.
The Corporation recognizes revenue over a period of time, generally monthly, as services are performed and performance obligations are satisfied. Such revenue includes wealth management revenues and service charges on deposit accounts. Wealth management revenues are categorized as either asset-based revenues or transaction-based revenues. Asset-based revenues include trust and investment management fees that are earned based upon a percentage of asset values under administration. Transaction-based revenues include tax preparation fees, commissions and other service fees. Fee revenue from service charges on deposit accounts represent service charges assessed to customers who hold deposit accounts at the Bank.

The following table presents revenue from contracts with customers based on the timing of revenue recognition:
(Dollars in thousands)Three MonthsNine Months
Periods ended September 30, 2022202120222021
Revenue recognized at a point in time:
Card interchange fees$1,287 $1,265 $3,754 $3,714 
Service charges on deposit accounts628 531 1,782 1,516 
Other income249 247 692 1,678 
Revenue recognized over time:
Wealth management revenues
9,525 10,455 30,122 30,778 
Service charges on deposit accounts
191 142 468 401 
Other income
67 63 188 156 
Total revenues from contracts in scope of Topic 606$11,947 $12,703 $37,006 $38,243