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Revenue from Contracts with Customers
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
The following table summarizes total revenues as presented in the Unaudited Consolidated Statements of Income and the related amounts that are from contracts with customers within the scope of ASC 606. As shown below, a substantial portion of our revenues are specifically excluded from the scope of ASC 606.
For the three months ended March 31, 20262025
(Dollars in thousands)
Revenue (1)
ASC 606 Revenue (2)
Revenue (1)
ASC 606 Revenue (2)
Net interest income$40,525 $— $36,422 $— 
Noninterest income:
Wealth management revenues10,647 10,647 9,891 9,891 
Mortgage banking revenues
3,045 — 2,304 — 
Card interchange fees
1,385 1,385 1,509 1,509 
Service charges on deposit accounts
785 785 744 744 
Loan related derivative income
227 — 101 — 
Income from bank-owned life insurance
885 — 769 — 
Gain on sale of bank-owned properties, net (3)
— — 6,994 6,994 
Other income
329 262 331 264 
Total noninterest income17,303 13,079 22,643 19,402 
Total revenues$57,828 $13,079 $59,065 $19,402 
(1)As reported in the Unaudited Consolidated Statements of Income.
(2)Revenue from contracts with customers in scope of ASC 606.
(3)For the three months ended March 31, 2025, included herein in accordance with sale-leaseback transaction provisions of ASC 842 and ASC 606.
The following table presents revenue from contracts with customers based on the timing of revenue recognition:
(Dollars in thousands)
Three months ended March 31,20262025
Revenue recognized at a point in time:
Card interchange fees$1,385 $1,509 
Service charges on deposit accounts518 463 
Gain on sale of bank-owned properties, net — 6,994 
Other income209 204 
Revenue recognized over time:
Wealth management revenues
10,647 9,891 
Service charges on deposit accounts
267 281 
Other income
53 60 
Total revenues from contracts with customers in scope of ASC 606
$13,079 $19,402 

Receivables for revenue from contracts with customers primarily consist of amounts due for wealth management services performed for which the Corporation’s performance obligations have been fully satisfied. Receivables amounted to $6.0 million and $7.0 million, respectively, at March 31, 2026 and December 31, 2025 and were included in other assets in the Unaudited Consolidated Balance Sheets.

Deferred revenues, which are considered contract liabilities under ASC 606, represent advance consideration received from customers for which the Corporation has a remaining performance obligation to fulfill. Contract liabilities are recognized as revenue over the life of the contract as the performance obligations are satisfied. The balances of contract liabilities were insignificant at both March 31, 2026 and December 31, 2025 and were included in other liabilities in the Unaudited Consolidated Balance Sheets.
For commissions and incentives that are in scope of ASC 606, such as those paid to employees in our wealth management services and banking segments in order to obtain customer contracts, contract cost assets are established. The contract cost assets are capitalized and amortized over the estimated useful life that the asset is expected to generate benefits. The carrying value of contract cost assets amounted to $2.1 million and $2.3 million, respectively at March 31, 2026 and December 31, 2025 and were included in other assets in the Unaudited Consolidated Balance Sheets. The amortization of contract cost assets is recorded within salaries and employee benefits expense in the Unaudited Consolidated Statements of Income.