XML 49 R36.htm IDEA: XBRL DOCUMENT v3.23.1
Revenue from Contracts with Customers (Tables)
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Noninterest Income Disaggregated by Reportable Operating Segment and Revenue Stream

The following table presents noninterest income disaggregated by reportable operating segment and revenue stream for the periods presented ($ in thousands):

 

 

Three Months Ended March 31, 2023

 

 

Three Months Ended March 31, 2022

 

 

 

Topic 606

 

 

Not Topic
606
(1)

 

 

Total

 

 

Topic 606

 

 

Not Topic
606
(1)

 

 

Total

 

General Banking Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on deposit accounts

 

$

10,315

 

 

$

 

 

$

10,315

 

 

$

9,431

 

 

$

 

 

$

9,431

 

Bank card and other fees

 

 

7,643

 

 

 

149

 

 

 

7,792

 

 

 

7,417

 

 

 

1,015

 

 

 

8,432

 

Mortgage banking, net

 

 

 

 

 

7,639

 

 

 

7,639

 

 

 

 

 

 

9,873

 

 

 

9,873

 

Wealth management

 

 

233

 

 

 

 

 

 

233

 

 

 

24

 

 

 

 

 

 

24

 

Other, net

 

 

2,988

 

 

 

(608

)

 

 

2,380

 

 

 

2,518

 

 

 

657

 

 

 

3,175

 

Total noninterest income

 

$

21,179

 

 

$

7,180

 

 

$

28,359

 

 

$

19,390

 

 

$

11,545

 

 

$

30,935

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wealth Management Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on deposit accounts

 

$

21

 

 

$

 

 

$

21

 

 

$

20

 

 

$

 

 

$

20

 

Bank card and other fees

 

 

11

 

 

 

 

 

 

11

 

 

 

10

 

 

 

 

 

 

10

 

Wealth management

 

 

8,547

 

 

 

 

 

 

8,547

 

 

 

9,030

 

 

 

 

 

 

9,030

 

Other, net

 

 

45

 

 

 

95

 

 

 

140

 

 

 

32

 

 

 

7

 

 

 

39

 

Total noninterest income

 

$

8,624

 

 

$

95

 

 

$

8,719

 

 

$

9,092

 

 

$

7

 

 

$

9,099

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance commissions

 

$

14,305

 

 

$

 

 

$

14,305

 

 

$

14,089

 

 

$

 

 

$

14,089

 

Other, net

 

 

(6

)

 

 

 

 

 

(6

)

 

 

(8

)

 

 

 

 

 

(8

)

Total noninterest income

 

$

14,299

 

 

$

 

 

$

14,299

 

 

$

14,081

 

 

$

 

 

$

14,081

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on deposit accounts

 

$

10,336

 

 

$

 

 

$

10,336

 

 

$

9,451

 

 

$

 

 

$

9,451

 

Bank card and other fees

 

 

7,654

 

 

 

149

 

 

 

7,803

 

 

 

7,427

 

 

 

1,015

 

 

 

8,442

 

Mortgage banking, net

 

 

 

 

 

7,639

 

 

 

7,639

 

 

 

 

 

 

9,873

 

 

 

9,873

 

Insurance commissions

 

 

14,305

 

 

 

 

 

 

14,305

 

 

 

14,089

 

 

 

 

 

 

14,089

 

Wealth management

 

 

8,780

 

 

 

 

 

 

8,780

 

 

 

9,054

 

 

 

 

 

 

9,054

 

Other, net

 

 

3,027

 

 

 

(513

)

 

 

2,514

 

 

 

2,542

 

 

 

664

 

 

 

3,206

 

Total noninterest income

 

$

44,102

 

 

$

7,275

 

 

$

51,377

 

 

$

42,563

 

 

$

11,552

 

 

$

54,115

 

(1)
Noninterest income not in scope for FASB ASC Topic 606 includes customer derivatives revenue and miscellaneous credit card fee income within bank card and other fees; mortgage banking, net; amortization of tax credits, accretion of the FDIC indemnification asset, cash surrender value on various life insurance policies, earnings on Trustmark’s non-qualified deferred compensation plans, other partnership investments and rental income within other, net; and security gains (losses), net.