XML 35 R24.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue from Contracts with Customers
 9 Months Ended
Sep. 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 September 30, 2020
(In thousands)Commercial
Banking		HSA
Bank		Community
Banking		Corporate and
Reconciling		Consolidated
Total
Non-interest Income:
Deposit service fees$2,883 $23,667 $12,704 $24 $39,278 
Wealth and investment services2,669 — 5,565 21 8,255 
Other— 3,568 526 — 4,094 
Revenue from contracts with customers5,552 27,235 18,795 45 51,627 
Other sources of non-interest income7,547 — 10,175 5,711 23,433 
Total non-interest income$13,099 $27,235 $28,970 $5,756 $75,060 

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 services2,650 — 5,855 (9)8,496 
Other— 1,262 650 — 1,912 
Revenue from contracts with customers5,637 23,526 22,552 103 51,818 
Other sources of non-interest income8,350 — 5,563 4,200 18,113 
Total non-interest income$13,987 $23,526 $28,115 $4,303 $69,931 

Nine months ended September 30, 2020
(In thousands)Commercial
Banking		HSA
Bank		Community
Banking		Corporate and
Reconciling		Consolidated
Total
Non-interest Income:
Deposit service fees$8,645 $70,250 $38,784 $8 $117,687 
Wealth and investment services7,784 — 16,336 (24)24,096 
Other— 6,471 1,583 — 8,054 
Revenue from contracts with customers16,429 76,721 56,703 (16)149,837 
Other sources of non-interest income24,634 — 23,292 10,751 58,677 
Total non-interest income$41,063 $76,721 $79,995 $10,735 $208,514 

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 services7,676 — 16,806 (26)24,456 
Other— 3,586 1,855 — 5,441 
Revenue from contracts with customers16,784 74,082 66,362 221 157,449 
Other sources of non-interest income25,859 — 14,810 16,278 56,947 
Total non-interest income$42,643 $74,082 $81,172 $16,499 $214,396 
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.