Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2021

The following table summarizes the point of revenue recognition and the income recognized for each of the revenue streams for the three months ended March 31, 2021 and 2020, respectively:

	Point of Revenue	For the Three Months Ended March 31,
(unaudited, in thousands)	Recognition	2021		2020
Revenue Streams
Trust fees
Trust account fees	Over time	$	5,313	$	4,857
WesMark fees	Over time		2,318		2,095
Total trust fees			7,631		6,952
Service charges on deposits
Commercial banking fees	Over time		564		585
Personal service charges	At a point in time and over time		4,330		6,032
Total service charges on deposits			4,894		6,617
Net securities brokerage revenue
Annuity commissions	At a point in time		917		1,038
Equity and debt security trades	At a point in time		76		159
Managed money	Over time		283		235
Trail commissions	Over time		248		247
Total net securities brokerage revenue			1,524		1,679

Debit card sponsorship income (1)	At a point in time and over time		646		708
Payment processing fees (1)	At a point in time and over time		713		680
Electronic banking fees	At a point in time		4,365		4,254
Mortgage banking income	At a point in time		4,264		1,276
Net gain on other real estate owned and other assets	At a point in time		175		169

⁽¹⁾	^{Debit card sponsorship income and payment processing fees are included in other non-interest income.}