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Revenue from Contract with Customer (Tables)
 6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue by Major source
The Corporation's disaggregated revenue by major source is presented below:
Corporate and Commercial Specialty
Three Months Ended Jun 30,Six Months Ended Jun 30,
($ in Thousands)2022202120222021
Wealth management fees$21,332 $22,706 $43,735 $45,120 
Service charges and deposit account fees3,724 3,859 7,508 7,800 
Card-based fees(a)
327 295 744 640 
Other revenue658 1,151 1,893 1,814 
   Noninterest income (in-scope of Topic 606) $26,041 $28,010 $53,881 $55,375 
   Noninterest income (out-of-scope of Topic 606)(b)
13,092 9,271 23,042 23,734 
  Total noninterest income $39,133 $37,281 $76,923 $79,109 
Community, Consumer, and Business
Three Months Ended Jun 30,Six Months Ended Jun 30,
($ in Thousands)2022202120222021
Service charges and deposit account fees$12,777 $11,683 $25,846 $22,583 
Card-based fees(a)
11,135 10,709 20,659 20,123 
Other revenue1,770 2,801 3,632 6,476 
   Noninterest income (in-scope of Topic 606) $25,683 $25,193 $50,138 $49,181 
Noninterest income (out-of-scope of Topic 606)6,438 7,774 15,189 31,116 
  Total noninterest income $32,121 $32,967 $65,327 $80,298 
Risk Management and Shared Services
Three Months Ended Jun 30,Six Months Ended Jun 30,
($ in Thousands)2022202120222021
Service charges and deposit account fees$5 $7 $8 $22 
Card-based fees(a)
10 5 17 9 
Other revenue(120)307 (81)697 
Noninterest income (in-scope of Topic 606) $(105)$319 $(56)$728 
Noninterest income (out-of-scope of Topic 606)4,310 2,876 7,731 8,651 
  Total noninterest income $4,204 $3,195 $7,675 $9,379 
Consolidated Total
Three Months Ended Jun 30,Six Months Ended Jun 30,
($ in Thousands)2022202120222021
Wealth management fees$21,332 $22,706 $43,735 $45,120 
Service charges and deposit account fees16,506 15,549 33,363 30,404 
Card-based fees(a)
11,472 11,009 21,421 20,773 
Other revenue2,309 4,258 5,444 8,987 
Noninterest income (in-scope of Topic 606) $51,619 $53,522 $103,963 $105,284 
Noninterest income (out-of-scope of Topic 606)(b)
23,840 19,921 45,962 63,502 
  Total noninterest income $75,458 $73,443 $149,925 $168,786 
(a) Certain card-based fees are out-of-scope of Topic 606.
(b) For the six months ended June 30, 2021, the Corporation recognized a $2 million pre-tax gain on the sale of Whitnell.
Revenue recognition 606
Below is a listing of performance obligations for the Corporation's main revenue streams:
Revenue StreamNoninterest income in-scope of Topic 606
Service charges and deposit account feesService charges and deposit account fees consist of monthly service fees (i.e. business analyzed fees and consumer service charges) and other deposit account related fees. The Corporation's performance obligation for monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Other deposit account related fees are largely transactional based, and therefore, the Corporation's performance obligation is satisfied, and related revenue recognized, at a point in time. Payment for service charges and deposit account fees is primarily received immediately or in the following month through a direct charge to customers’ accounts.
Card-based fees(a)
Card-based fees are primarily comprised of debit and credit card income, ATM fees, and merchant services income. Debit and credit card income is primarily comprised of interchange fees earned whenever the Corporation's debit and credit cards are processed through card payment networks. ATM and merchant fees are largely transactional based, and therefore, the Corporation's performance obligation is satisfied, and related revenue recognized, at a point in time. Payment is typically received immediately or in the following month.
Trust and asset management fees(b)
Trust and asset management income is primarily comprised of fees earned from the management and administration of trusts and other customer assets. The Corporation's performance obligation is generally satisfied over time and the resulting fees are recognized monthly, based upon the month-end market value of the assets under management and the applicable fee rate. Payment is generally received a few days after month end through a direct charge to the customers’ accounts. The Corporation's performance obligation for these transactional-based services is generally satisfied, and related revenue recognized, at a point in time (i.e., as incurred). Payment is received shortly after services are rendered.
Brokerage and advisory fees(b)
Brokerage and advisory fees primarily consist of investment advisory, brokerage, retirement services, and annuities. The Corporation's performance obligation for investment advisory services and retirement services is generally satisfied, and the related revenue recognized, over the period in which the services are provided. The performance obligation for annuities is satisfied upon sale of the annuity, and therefore, the related revenue is primarily recognized at the time of sale. Payment for these services are typically received immediately or in advance of the service.
(a) Certain card-based fees are out-of-scope of Topic 606.
(b) Trust and asset management fees and brokerage and advisory fees are included in wealth management fees.