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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
12 Months Ended
Dec. 31, 2023
REVENUE FROM CONTRACTS WITH CUSTOMERS [Abstract]  
Disaggregation of Revenue [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December
 
31, 2023
Mortgage
Banking
Consumer
(Retail)
Banking
Commercial and
Corporate
Treasury and
Investments
United States
Operations
Virgin Islands
Operations
Total
(In thousands)
Net interest income loss
(1)
$
78,710
$
575,436
$
54,658
$
(13,916)
$
79,423
$
22,799
$
797,110
Service charges and fees on deposit accounts
-
21,207
13,289
-
649
2,897
38,042
Insurance commission income
-
11,906
-
-
202
655
12,763
Card and processing income
-
40,177
98
-
99
3,535
43,909
Other service charges and fees
288
5,592
3,723
-
2,484
855
12,942
Not in scope of ASC Topic
 
606
 
(1)
11,112
4,359
4,167
2,038
3,263
99
25,038
 
Total non-interest income
11,400
83,241
21,277
2,038
6,697
8,041
132,694
Total Revenue
$
90,110
$
658,677
$
75,935
$
(11,878)
$
86,120
$
30,840
$
929,804
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December
 
31, 2022
Mortgage
Banking
Consumer
(Retail)
Banking
Commercial and
Corporate
Treasury and
Investments
United States
Operations
Virgin Islands
Operations
Total
(In thousands)
Net interest income
(1)
$
98,920
$
442,624
$
109,822
$
39,600
$
80,485
$
23,842
$
795,293
Service charges and fees on deposit accounts
-
21,906
12,412
-
607
2,898
37,823
Insurance commission income
-
12,733
-
-
15
995
13,743
Card and processing income
-
35,683
1,568
-
67
3,098
40,416
Other service charges and fees
341
4,558
3,397
-
2,113
684
11,093
Not in scope of ASC Topic
 
606
 
(1)
15,609
3,577
812
(74)
58
35
20,017
 
Total non-interest income
 
(loss)
15,950
78,457
18,189
(74)
2,860
7,710
123,092
Total Revenue
$
114,870
$
521,081
$
128,011
$
39,526
$
83,345
$
31,552
$
918,385
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December
 
31, 2021
Mortgage
Banking
Consumer
(Retail)
Banking
Commercial and
Corporate
Treasury and
Investments
United States
Operations
Virgin Islands
Operations
Total
(In thousands)
Net interest income
(1)
$
104,638
$
281,703
$
191,917
$
59,331
$
65,967
$
26,373
$
729,929
Service charges and fees on deposit accounts
-
20,083
11,807
-
555
2,839
35,284
Insurance commission income
-
11,166
-
-
114
665
11,945
Card and processing income
-
32,639
1,161
-
51
2,657
36,508
Other service charges and fees
771
4,185
2,641
-
1,844
556
9,997
Not in scope of ASC Topic
 
606 (1)
23,507
1,701
423
227
1,399
173
27,430
 
Total non-interest income
24,278
69,774
16,032
227
3,963
6,890
121,164
Total Revenue
$
128,916
$
351,477
$
207,949
$
59,558
$
69,930
$
33,263
$
851,093
(1)
Most of
 
the Corporation’s
 
revenue is
 
not within
 
the scope
 
of ASC
 
Topic
 
606. The
 
guidance explicitly
 
excludes net
 
interest income
 
from financial
 
assets and
liabilities, as well as other non-interest income from loans,
 
leases, investment securities and derivative financial instruments.