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Revenue from Contract with Customer
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block] Revenue from Contracts with Customers
Revenue from contracts with customers, Accounting Standard Codification 606 ("ASC 606"), requires revenue recognition for the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. For the nine months ended September 30, 2024, approximately 63% of the Company’s total revenue was comprised of net interest income, which is not within the scope of this guidance. Of the remaining revenue, those items that were subject to this guidance mainly included fees for bank card, trust, deposit account services and consumer brokerage services.

The following table disaggregates revenue from contracts with customers by major product line.

Three Months Ended September 30Nine Months Ended September 30
(In thousands)2024202320242023
Trust fees$54,689 $49,207 $158,085 $141,800 
Bank card transaction fees47,570 46,899 141,977 143,278 
Deposit account charges and other fees25,380 23,090 74,856 67,475 
Consumer brokerage services4,619 3,820 13,505 13,582 
Other non-interest income14,496 11,912 37,337 29,737 
Total non-interest income from contracts with customers146,754 134,928 425,760 395,872 
Other non-interest income (1)
12,271 8,021 34,357 32,294 
Total non-interest income$159,025 $142,949 $460,117 $428,166 
(1) This revenue is not within the scope of ASC 606, and includes fees relating to bond trading activities, loan fees and sales, derivative instruments, standby letters of credit and various other transactions.

For bank card transaction fees, nearly all of debit and credit card fees are earned in the Consumer segment, while corporate card and merchant fees are earned in the Commercial segment. The Consumer and Commercial segments contributed approximately 30% and 69%, respectively, of the Company's deposit account charge revenue. All trust fees and nearly all consumer brokerage services income were earned in the Wealth segment.    

The following table presents the opening and closing receivable balances for the nine month periods ended September 30, 2024 and 2023 for the Company’s significant revenue from contracts with customers.

(In thousands)September 30, 2024December 31, 2023September 30, 2023December 31, 2022
Bank card transaction fees$15,701 $18,069 $15,160 $17,254 
Trust fees2,198 1,764 1,886 2,038 
Deposit account charges and other fees6,813 6,588 5,762 6,631 
Consumer brokerage services 74 949 

For these revenue categories, none of the transaction price has been allocated to performance obligations that are unsatisfied as of the end of a reporting period.