Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2023

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 June 30,	2023		2022
(Dollars in thousands)	Revenue (1)	ASC 606 Revenue (2)	Revenue (1)	ASC 606 Revenue (2)
Net interest income	$33,500	$—	$37,515	$—
Noninterest income:
Wealth management revenues	9,048	9,048	10,066	10,066
Mortgage banking revenues	1,753	—	2,082	—
Card interchange fees	1,268	1,268	1,303	1,303
Service charges on deposit accounts	667	667	763	763
Loan related derivative income	247	—	669	—
Income from bank-owned life insurance	879	—	615	—
Other income	463	344	354	278
Total noninterest income	14,325	11,327	15,852	12,410
Total revenues	$47,825	$11,327	$53,367	$12,410

(1)As reported in the Unaudited Consolidated Statements of Income.

(2)Revenue from contracts with customers in scope of ASC 606.

For the six months ended June 30,	2023		2022
(Dollars in thousands)	Revenue (1)	ASC 606 Revenue (2)	Revenue (1)	ASC 606 Revenue (2)
Net interest income	$70,693	$—	$72,606	$—
Noninterest income:
Wealth management revenues	17,711	17,711	20,597	20,597
Mortgage banking revenues	2,998	—	5,583	—
Card interchange fees	2,400	2,400	2,467	2,467
Service charges on deposit accounts	1,444	1,444	1,431	1,431
Loan related derivative income	196	—	970	—
Income from bank-owned life insurance	2,044	—	1,216	—
Other income	815	620	747	564
Total noninterest income	27,608	22,175	33,011	25,059
Total revenues	$98,301	$22,175	$105,617	$25,059

(1)As reported in the Unaudited Consolidated Statements of Income.

(2)Revenue from contracts with customers in scope of ASC 606.

The following table presents revenue from contracts with customers based on the timing of revenue recognition:

(Dollars in thousands)	Three Months		Six Months
Periods ended June 30,	2023	2022	2023	2022
Revenue recognized at a point in time:
Card interchange fees	$1,268	$1,303	$2,400	$2,467
Service charges on deposit accounts	425	605	983	1,154
Other income	281	214	497	443
Revenue recognized over time:
Wealth management revenues	9,048	10,066	17,711	20,597
Service charges on deposit accounts	242	158	461	277
Other income	63	64	123	121
Total revenues from contracts in scope of Topic 606	$11,327	$12,410	$22,175	$25,059