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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2022
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregation of Revenue According to Revenue Stream and Business Segment

The following table depicts the disaggregation of noninterest income according to revenue stream and Business Segment for the three and nine months ended September 30, 2022 and September 30, 2021.  As stated in Note 8, “Business Segment Reporting,” for comparability purposes, amounts in all periods are based on methodologies in effect at September 30, 2022 and previously reported results have been reclassified in this Form 10-Q to conform to the Company’s current organizational structure.  

Disaggregated revenue is as follows (in thousands):

 

 

Three Months Ended September 30, 2022

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

46,385

 

 

$

13,201

 

 

$

 

 

$

59,586

 

Trading and investment banking

 

 

 

 

 

(38

)

 

 

 

 

 

5,425

 

 

 

5,387

 

Service charges on deposit accounts

 

 

8,357

 

 

 

9,564

 

 

 

1,978

 

 

 

33

 

 

 

19,932

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

375

 

 

 

 

 

 

375

 

Brokerage fees

 

 

66

 

 

 

11,904

 

 

 

1,870

 

 

 

 

 

 

13,840

 

Bankcard fees

 

 

16,656

 

 

 

5,350

 

 

 

5,951

 

 

 

(8,578

)

 

 

19,379

 

Investment securities losses, net

 

 

 

 

 

 

 

 

 

 

 

(1,345

)

 

 

(1,345

)

Other

 

 

202

 

 

 

477

 

 

 

694

 

 

 

10,196

 

 

 

11,569

 

Total Noninterest income

 

$

25,281

 

 

$

73,642

 

 

$

24,069

 

 

$

5,731

 

 

$

128,723

 

 

 

 

Three Months Ended September 30, 2021

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

42,697

 

 

$

14,217

 

 

$

 

 

$

56,914

 

Trading and investment banking

 

 

 

 

 

129

 

 

 

 

 

 

5,807

 

 

 

5,936

 

Service charges on deposit accounts

 

 

8,164

 

 

 

9,867

 

 

 

1,762

 

 

 

88

 

 

 

19,881

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

285

 

 

 

 

 

 

285

 

Brokerage fees

 

 

16

 

 

 

851

 

 

 

2,032

 

 

 

 

 

 

2,899

 

Bankcard fees

 

 

15,300

 

 

 

4,727

 

 

 

5,534

 

 

 

(8,363

)

 

 

17,198

 

Investment securities losses, net

 

 

 

 

 

 

 

 

 

 

 

(3,510

)

 

 

(3,510

)

Other

 

 

239

 

 

 

404

 

 

 

640

 

 

 

7,021

 

 

 

8,304

 

Total Noninterest income

 

$

23,719

 

 

$

58,675

 

 

$

24,470

 

 

$

1,043

 

 

$

107,907

 

 

 

 

 

Nine Months Ended September 30, 2022

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

137,225

 

 

$

40,775

 

 

$

 

 

$

178,000

 

Trading and investment banking

 

 

 

 

 

178

 

 

 

 

 

 

17,772

 

 

 

17,950

 

Service charges on deposit accounts

 

 

25,998

 

 

 

33,704

 

 

 

5,554

 

 

 

153

 

 

 

65,409

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

879

 

 

 

 

 

 

879

 

Brokerage fees

 

 

174

 

 

 

23,738

 

 

 

5,775

 

 

 

 

 

 

29,687

 

Bankcard fees

 

 

46,387

 

 

 

16,234

 

 

 

17,083

 

 

 

(25,850

)

 

 

53,854

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

58,853

 

 

 

58,853

 

Other

 

 

598

 

 

 

1,380

 

 

 

2,073

 

 

 

20,053

 

 

 

24,104

 

Total Noninterest income

 

$

73,157

 

 

$

212,459

 

 

$

72,139

 

 

$

70,981

 

 

$

428,736

 

 

 

 

Nine Months Ended September 30, 2021

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

120,300

 

 

$

45,311

 

 

$

 

 

$

165,611

 

Trading and investment banking

 

 

 

 

 

750

 

 

 

 

 

 

23,212

 

 

 

23,962

 

Service charges on deposit accounts

 

 

24,674

 

 

 

34,876

 

 

 

4,663

 

 

 

236

 

 

 

64,449

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

950

 

 

 

 

 

 

950

 

Brokerage fees

 

 

90

 

 

 

2,843

 

 

 

5,892

 

 

 

 

 

 

8,825

 

Bankcard fees

 

 

42,335

 

 

 

14,310

 

 

 

16,078

 

 

 

(24,789

)

 

 

47,934

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

3,609

 

 

 

3,609

 

Other

 

 

673

 

 

 

1,219

 

 

 

1,948

 

 

 

29,213

 

 

 

33,053

 

Total Noninterest income

 

$

67,772

 

 

$

174,298

 

 

$

74,842

 

 

$

31,481

 

 

$

348,393