Revenue from Contracts with Customers Revenue from Contracts with customers

9 Months Ended

Sep. 30, 2019

Revenue from Contract with Customer [Abstract]

Revenue from Contract with Customer [Text Block]

Revenue from Contracts with Customers

The following tables present revenues within the scope of ASC 606, Revenue from Contracts with Customers and the net amount of other sources of non-interest income that is within the scope of other GAAP topics:

	Three months ended September 30, 2019
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling			Consolidated Total
Non-interest Income
Deposit service fees	$	2,987	$	22,264	$	16,047	$	112		$	41,410
Wealth and investment services	2,650		—		5,855		(9		)	8,496
Other	—		1,262		650		—			1,912
Revenue from contracts with customers	5,637		23,526		22,552		103			51,818
Other sources of non-interest income	8,350		—		5,563		4,200			18,113
Total non-interest income	$	13,987	$	23,526	$	28,115	$	4,303		$	69,931

	Three months ended September 30, 2018
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling			Consolidated Total
Non-interest Income
Deposit service fees	$	3,211	$	21,294	$	16,107	$	(11	)	$	40,601
Wealth and investment services	2,577		—		5,843		(8		)	8,412
Other	—		865		352		—			1,217
Revenue from contracts with customers	5,788		22,159		22,302		(19		)	50,230
Other sources of non-interest income	12,517		—		4,546		4,991			22,054
Total non-interest income	$	18,305	$	22,159	$	26,848	$	4,972		$	72,284

	Nine months ended September 30, 2019
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling			Consolidated Total
Non-interest Income
Deposit service fees	$	9,108	$	70,496	$	47,701	$	247		$	127,552
Wealth and investment services	7,676		—		16,806		(26		)	24,456
Other	—		3,586		1,855		—			5,441
Revenue from contracts with customers	16,784		74,082		66,362		221			157,449
Other sources of non-interest income	25,859		—		14,810		16,278			56,947
Total non-interest income	$	42,643	$	74,082	$	81,172	$	16,499		$	214,396

	Nine months ended September 30, 2018
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling			Consolidated Total
Non-interest Income
Deposit service fees	$	9,613	$	65,112	$	47,079	$	107		$	121,911
Wealth and investment services	7,703		—		17,060		(25		)	24,738
Other	—		2,598		1,485		—			4,083
Revenue from contracts with customers	17,316		67,710		65,624		82			150,732
Other sources of non-interest income	31,346		—		12,797		14,530			58,673
Total non-interest income	$	48,662	$	67,710	$	78,421	$	14,612		$	209,405

The major types of revenue streams that are within the scope of ASC 606 are described below:

Deposit service fees, predominately consist of fees earned from deposit accounts and interchange fees. Fees earned from deposit accounts relate to event-driven services and periodic account maintenance activities. Webster's obligations for event-driven services are satisfied at the time the service is delivered, while the obligations for maintenance services is satisfied monthly. Interchange fees are assessed as the performance obligation is satisfied, which is at the point in time the card transaction is authorized.

Wealth and investment services, consists of fees earned from investment and securities-related services, trust and other related services. Obligations for wealth and investment services are generally satisfied over time through a time-based measurement of progress, while certain obligations may be satisfied at points in time for activities that are transactional in nature.

These disaggregated amounts are reconciled to non-interest income as presented in Note 16: Segment Reporting. Contracts with customers did not generate significant contract assets and liabilities.