REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation Of Revenue Table [TextBlock]

The following table summarizes the Corporation’s revenue, which includes net interest income on financial instruments and non-interest income, disaggregated by type of service and business segment for the quarters and nine-month periods ended September 30, 2020 and 2019:

(In thousands)	Mortgage Banking		Consumer (Retail) Banking		Commercial and Corporate		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
Quarter Ended September 30, 2020:
Net interest income (1)	$	20,666	$	54,323	$	35,803	$	18,577	$	12,918	$	6,409	$	148,696
Service charges and fees on deposit accounts		-		3,021		2,044		-		125		658		5,848
Insurance commissions		-		1,377		-		-		5		91		1,473
Merchant-related income		-		1,941		-		-		-		276		2,217
Credit and debit card fees		-		4,778		16		-		(2)		350		5,142
Other service charges and fees		49		846		700		-		537		142		2,274
Not in scope of ASC Topic 606 (1)		6,707		352		78		5,457		393		(7)		12,980
Total non-interest income		6,756		12,315		2,838		5,457		1,058		1,510		29,934
Total Revenue	$	27,422	$	66,638	$	38,641	$	24,034	$	13,976	$	7,919	$	178,630
(In thousands)	Mortgage Banking		Consumer (Retail) Banking		Commercial and Corporate		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
Quarter Ended September 30, 2019:
Net interest income (1)	$	16,991	$	62,164	$	25,699	$	18,147	$	14,977	$	6,447	$	144,425
Service charges and fees on deposit accounts		-		3,771		1,443		-		172		722		6,108
Insurance commissions		-		1,854		-		-		22		107		1,983
Merchant-related income		-		1,017		271		-		-		310		1,598
Credit and debit card fees		-		4,897		283		-		212		525		5,917
Other service charges and fees		67		828		300		-		169		76		1,440
Not in scope of ASC Topic 606 (1)		4,333		338		34		(433)		65		18		4,355
Total non-interest income		4,400		12,705		2,331		(433)		640		1,758		21,401
Total Revenue	$	21,391	$	74,869	$	28,030	$	17,714	$	15,617	$	8,205	$	165,826

(In thousands)	Mortgage Banking		Consumer (Retail) Banking		Commercial and Corporate		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
Nine-Month Period Ended September 30, 2020:
Net interest income (1)	$	55,177	$	165,609	$	86,631	$	55,549	$	39,939	$	19,650	$	422,555
Service charges and fees on deposit accounts		-		8,777		5,049		-		416		2,038		16,280
Insurance commissions		-		6,933		-		-		24		479		7,436
Merchant-related income		-		3,535		-		-		-		570		4,105
Credit and debit card fees		-		12,380		45		-		12		1,076		13,513
Other service charges and fees		215		1,882		1,591		89		1,366		1,393		6,536
Not in scope of ASC Topic 606 (1) (2)		14,628		3,127		988		13,688		716		9		33,156
Total non-interest income		14,843		36,634		7,673		13,777		2,534		5,565		81,026
Total Revenue	$	70,020	$	202,243	$	94,304	$	69,326	$	42,473	$	25,215	$	503,581
(In thousands)	Mortgage Banking		Consumer (Retail) Banking		Commercial and Corporate		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
Nine-Month Period Ended September 30, 2019:
Net interest income (1)	$	52,051	$	185,914	$	69,171	$	52,804	$	47,328	$	19,884	$	427,152
Service charges and fees on deposit accounts		-		10,704		4,355		-		458		2,194		17,711
Insurance commissions		-		7,799		-		-		51		408		8,258
Merchant-related income		-		2,953		467		-		-		789		4,209
Credit and debit card fees		-		14,040		927		-		561		1,561		17,089
Other service charges and fees		141		2,651		1,042		-		526		875		5,235
Not in scope of ASC Topic 606 (1)		12,114		1,091		355		(287)		346		46		13,665
Total non-interest income		12,255		39,238		7,146		(287)		1,942		5,873		66,167
Total Revenue	$	64,306	$	225,152	$	76,317	$	52,517	$	49,270	$	25,757	$	493,319

	Quarter Ended				Nine-Month Period Ended
	September 30,				September 30,
(In thousands)	2020		2019		2020		2019
Beginning Balance	$	2,314	$	1,909	$	2,476	$	2,071
Less:
Amortizations		(81)		(81)		(243)		(243)
Ending balance	$	2,233	$	1,828	$	2,233	$	1,828