REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACS WITH CUSTOMERS

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

REVENUE FROM CONTRACTS WITH CUSTOMERS

REVENUE FROM CONTRACTS WITH CUSTOMERS

A portion of the Company's non-interest income is derived from contracts with customers, and, as such, the revenue recognized depicts the transfer of promised goods or services to its customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company considers the terms of the contract and all relevant facts and circumstances when applying this guidance.

The Company has disaggregated its revenue from contracts with customers into categories based on the nature of the revenue. The categorization of revenues from contracts with customers that are within the scope of ASC 606 closely aligns with the presentation of revenue categories presented within non-interest income on the consolidated statements of income. The following table presents the revenue streams within the scope of ASC 606 for the periods indicated:

	Location on Consolidated Statements of Income	Three Months Ended March 31,
(In thousands)		2023		2022
Debit card interchange income	Debit card income	$	2,938	$	2,924
Services charges on deposit accounts	Service charges on deposit accounts	1,762		1,833
Fiduciary services income	Income from fiduciary services	1,600		1,631
Investment program income	Brokerage and insurance commissions	1,093		994
Other non-interest income	Other income	422		400
Total non-interest income within the scope of ASC 606		7,815		7,782
Total non-interest income not in scope of ASC 606		2,051		2,043
Total non-interest income		$	9,866	$	9,825

In each of the revenue streams identified above, there were no significant judgments made in determining or allocating the transaction price, as the consideration and services are generally explicitly identified in the associated contracts.