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Revenue from Contracts with Customers Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Contract with Customer, Asset and Liability [Table Text Block]
 
 
Three Months Ended
September 30, 2018
Revenue by Operating Segment (in thousands)
 
PNB
 
GFSC
 
SEPH
 
All Other
 
Total
Income from fiduciary activities
 
 
 
 
 
 
 


 
 
   Personal trust and agency accounts
 
$
1,994

 
$

 
$

 
$

 
$
1,994

   Employee benefit and retirement-related accounts
 
1,703

 

 

 

 
1,703

   Investment management and investment advisory agency accounts
 
2,353

 

 

 

 
2,353

   Other
 
368

 

 

 

 
368

Service charges on deposit accounts
 
 
 
 
 
 
 
 
 
 
    Non-sufficient funds (NSF) fees
 
1,926

 

 

 

 
1,926

    Demand deposit account (DDA) charges
 
764

 

 

 

 
764

    Other
 
171

 

 

 

 
171

Other service income (1)
 
 
 
 
 
 
 
 
 
 
    Credit card
 
592

 
6

 

 

 
598

    HELOC
 
128

 

 

 

 
128

    Installment
 
60

 

 
6

 

 
66

    Real estate
 
2,145

 

 

 

 
2,145

    Commercial
 
291

 

 
18

 

 
309

Checkcard fee income
 
4,352

 

 

 

 
4,352

Bank owned life insurance income (2)
 
960

 

 

 
1,625

 
2,585

ATM fees
 
500

 

 

 

 
500

OREO valuation adjustments (2)
 
(78
)
 

 
1

 

 
(77
)
Gain (loss) on sale of OREO, net
 
36

 

 
(117
)
 

 
(81
)
Net loss on sale of investment securities (2)
 

 

 

 

 

(Loss) gain on equity securities, net (2)
 
(44
)
 

 

 
(282
)
 
(326
)
Other components of net periodic pension benefit income (2)
 
1,653

 
18

 
34

 

 
1,705

Miscellaneous (3)
 
2,685

 
39

 
(41
)
 
198

 
2,881

Total other income
 
$
22,559

 
$
63

 
$
(99
)
 
$
1,541

 
$
24,064

(1) Of the $3.2 million of revenue included within "Other service income", approximately $1.2 million is within the scope of ASC 606, with the remaining $2 million consisting primarily of residential real estate loan fees which are out of scope.
(2) Not within the scope of ASC 606.
(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $2.9 million, all of which are within the scope of ASC 606.
 
 
Three Months Ended September 30, 2017 (4)
Revenue by Operating Segment (in thousands)
 
PNB
 
GFSC
 
SEPH
 
All Other
 
Total
Income from fiduciary activities
 
 
 
 
 
 
 


 
 
   Personal trust and agency accounts
 
$
1,995

 
$

 
$

 
$

 
$
1,995

   Employee benefit and retirement-related accounts
 
1,532

 

 

 

 
1,532

   Investment management and investment advisory agency accounts
 
2,077

 

 

 

 
2,077

   Other
 
328

 

 

 

 
328

Service charges on deposit accounts
 
 
 
 
 
 
 
 
 
 
    Non-sufficient funds (NSF) fees
 
2,100

 

 

 

 
2,100

    Demand deposit account (DDA) charges
 
941

 

 

 

 
941

    Other
 
175

 

 

 

 
175

Other service income (1)
 
 
 
 
 
 
 
 
 
 
    Credit card
 
537

 

 

 

 
537

    HELOC
 
123

 

 

 

 
123

    Installment
 
53

 
1

 

 

 
54

    Real estate
 
2,144

 

 
31

 

 
2,175

    Commercial
 
297

 

 
171

 

 
468

Checkcard fee income
 
3,974

 

 

 

 
3,974

Bank owned life insurance income (2)
 
1,478

 

 

 
95

 
1,573

ATM fees
 
605

 

 

 

 
605

OREO valuation adjustments (2)
 
(22
)
 

 

 

 
(22
)
Gain on sale of OREO, net
 
44

 

 
7

 

 
51

Other components of net periodic pension benefit income (2)
 
1,403

 
16

 
29

 

 
1,448

Miscellaneous (3)
 
1,986

 
17

 
202

 
1,198

 
3,403

Total other income
 
$
21,770

 
$
34

 
$
440

 
$
1,293

 
$
23,537

(1) Of the $3.4 million of revenue included within "Other service income", approximately $1.1 million is within the scope of ASC 606, with the remaining $2.3 million consisting primarily of residential real estate loan fees which are out of scope.
(2) Not within the scope of ASC 606.
(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $3.4 million, all of which are within the scope of ASC 606.
(4) The Corporation elected the modified retrospective approach of adoption; therefore, prior period balances are presented under legacy GAAP and may not be comparable to current year presentation.

 
 
Nine Months Ended
September 30, 2018
Revenue by Operating Segment (in thousands)
 
PNB
 
GFSC
 
SEPH
 
All Other
 
Total
Income from fiduciary activities
 
 
 
 
 
 
 
 
 
 
   Personal trust and agency accounts
 
$
6,383

 
$

 
$

 
$

 
$
6,383

   Employee benefit and retirement-related accounts
 
5,003

 

 

 

 
5,003

   Investment management and investment advisory agency accounts
 
6,936

 

 

 

 
6,936

   Other
 
1,157

 

 

 

 
1,157

Service charges on deposit accounts
 
 
 
 
 
 
 
 
 
 
    Non-sufficient funds (NSF) fees
 
5,608

 

 

 

 
5,608

    Demand deposit account (DDA) charges
 
2,503

 

 

 

 
2,503

    Other
 
498

 

 

 

 
498

Other service income (1)
 
 
 
 
 
 
 
 
 
 
    Credit card
 
1,652

 
20

 

 

 
1,672

    HELOC
 
345

 

 

 

 
345

    Installment
 
197

 

 
6

 

 
203

    Real estate
 
6,748

 

 

 

 
6,748

    Commercial
 
847

 

 
1,075

 

 
1,922

Checkcard fee income
 
12,736

 

 

 

 
12,736

Bank owned life insurance income (2)
 
2,822

 

 

 
1,803

 
4,625

ATM fees
 
1,534

 

 

 

 
1,534

OREO valuation adjustments (2)
 
(179
)
 

 
(219
)
 

 
(398
)
Gain on sale of OREO, net
 
1,442

 

 
2,651

 

 
4,093

Net loss on sale of investment securities (2)
 
(2,271
)
 

 

 

 
(2,271
)
(Loss) gain on equity securities, net (2)
 
(11
)
 

 

 
3,478

 
3,467

Other components of net periodic pension benefit income (2)
 
4,957

 
56

 
102

 

 
5,115

Miscellaneous (3)
 
5,637

 
59

 
(56
)
 
690

 
6,330

Total other income
 
$
64,544

 
$
135

 
$
3,559

 
$
5,971

 
$
74,209

(1) Of the $10.9 million of revenue included within "Other service income", approximately $4.4 million is within the scope of ASC 606, with the remaining $6.5 million consisting primarily of residential real estate loan fees which are out of scope.
(2) Not within the scope of ASC 606.
(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $6.3 million, all of which are within the scope of ASC 606.
 
 
Nine Months Ended
September 30, 2017 (4)
Revenue by Operating Segment (in thousands)
 
PNB
 
GFSC
 
SEPH
 
All Other
 
Total
Income from fiduciary activities
 
 
 
 
 
 
 
 
 
 
   Personal trust and agency accounts
 
$
5,793

 
$

 
$

 
$

 
$
5,793

   Employee benefit and retirement-related accounts
 
4,499

 

 

 

 
4,499

   Investment management and investment advisory agency accounts
 
6,188

 

 

 

 
6,188

   Other
 
991

 

 

 

 
991

Service charges on deposit accounts
 
 
 
 
 
 
 
 
 
 
    Non-sufficient funds (NSF) fees
 
6,100

 

 

 

 
6,100

    Demand deposit account (DDA) charges
 
2,900

 

 

 

 
2,900

    Other
 
511

 

 

 

 
511

Other service income (1)
 
 
 
 
 
 
 
 
 
 
    Credit card
 
1,454

 
(9
)
 

 

 
1,445

    HELOC
 
345

 

 
3

 

 
348

    Installment
 
330

 
1

 

 

 
331

    Real estate
 
6,368

 

 
31

 

 
6,399

    Commercial
 
891

 

 
194

 

 
1,085

Checkcard fee income
 
11,775

 

 

 

 
11,775

Bank owned life insurance income (2)
 
3,499

 

 

 
291

 
3,790

ATM fees
 
1,708

 

 

 

 
1,708

OREO valuation adjustments (2)
 
(367
)
 

 

 

 
(367
)
Gain on sale of OREO, net
 
192

 

 
12

 

 
204

Other components of net periodic pension benefit income (2)
 
4,209

 
48

 
87

 

 
4,344

Miscellaneous (3)
 
4,080

 
18

 
150

 
899

 
5,147

Total other income
 
$
61,466

 
$
58

 
$
477

 
$
1,190

 
$
63,191

(1) Of the $9.6 million of revenue included within "Other service income", approximately $3.4 million is within the scope of ASC 606, with the remaining $6.2 million consisting primarily of residential real estate loan fees which are out of scope.
(2) Not within the scope of ASC 606.
(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $5.1 million, all of which are within the scope of ASC 606.
(4) The Corporation elected the modified retrospective approach of adoption; therefore, prior period balances are presented under legacy GAAP and may not be comparable to current year presentation.