XML 35 R24.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue from Contracts with Customers Revenue from Contracts with customers
 6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers 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 June 30, 2020
(In thousands)Commercial
Banking		HSA
Bank		Community
Banking		Corporate and
Reconciling		Consolidated
Total
Non-interest Income:
Deposit service fees$2,703  $21,741  $11,488  $(93) $35,839  
Wealth and investment services2,587  —  4,553  (38) 7,102  
Other—  1,362  740  —  2,102  
Revenue from contracts with customers5,290  23,103  16,781  (131) 45,043  
Other sources of non-interest income9,435  —  6,624  (1,026) 15,033  
Total non-interest income$14,725  $23,103  $23,405  $(1,157) $60,076  

Three months ended June 30, 2019
(In thousands)Commercial
Banking		HSA
Bank		Community
Banking		Corporate and
Reconciling		Consolidated
Total
Non-interest Income:
Deposit service fees$3,085  $23,704  $16,289  $40  $43,118  
Wealth and investment services2,542  —  5,776  (9) 8,309  
Other—  1,275  704  —  1,979  
Revenue from contracts with customers5,627  24,979  22,769  31  53,406  
Other sources of non-interest income9,018  —  4,906  8,523  22,447  
Total non-interest income$14,645  $24,979  $27,675  $8,554  $75,853  

Six months ended June 30, 2020
(In thousands)Commercial
Banking		HSA
Bank		Community
Banking		Corporate and
Reconciling		Consolidated
Total
Non-interest Income:
Deposit service fees$5,762  $46,583  $26,080  $(16) $78,409  
Wealth and investment services5,115  —  10,771  (45) 15,841  
Other—  2,903  1,057  —  3,960  
Revenue from contracts with customers10,877  49,486  37,908  (61) 98,210  
Other sources of non-interest income17,087  —  13,117  5,040  35,244  
Total non-interest income$27,964  $49,486  $51,025  $4,979  $133,454  

Six months ended June 30, 2019
(In thousands)Commercial
Banking		HSA
Bank		Community
Banking		Corporate and
Reconciling		Consolidated
Total
Non-interest Income:
Deposit service fees$6,121  $48,232  $31,654  $135  $86,142  
Wealth and investment services5,026  —  10,951  (17) 15,960  
Other—  2,324  1,205  —  3,529  
Revenue from contracts with customers11,147  50,556  43,810  118  105,631  
Other sources of non-interest income17,509  —  9,247  12,078  38,834  
Total non-interest income$28,656  $50,556  $53,057  $12,196  $144,465  
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 the point in time that 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 have not generated significant contract assets and liabilities.