Revenue from contracts with Customers Revenue from Contracts with Customers

12 Months Ended

Dec. 31, 2020

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:

	Year ended December 31, 2020
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling		Consolidated Total
Non-interest Income:
Deposit service fees	$	11,634	$	92,693	$	51,599	$	106	$	156,032
Wealth and investment services	10,644		—		22,307		(35)		32,916
Other	—		8,133		1,656		—		9,789
Revenue from contracts with customers	22,278		100,826		75,562		71		198,737
Other sources of non-interest income	36,088		—		30,717		19,735		86,540
Total non-interest income	$	58,366	$	100,826	$	106,279	$	19,806	$	285,277

	Year ended December 31, 2019
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling		Consolidated Total
Non-interest Income:
Deposit service fees	$	12,136	$	92,096	$	63,572	$	218	$	168,022
Wealth and investment services	10,330		—		22,637		(35)		32,932
Other	—		4,945		2,394		—		7,339
Revenue from contracts with customers	22,466		97,041		88,603		183		208,293
Other sources of non-interest income	36,597		—		20,667		19,758		77,022
Total non-interest income	$	59,063	$	97,041	$	109,270	$	19,941	$	285,315

	Year ended December 31, 2018
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling		Consolidated Total
Non-interest Income:
Deposit service fees	$	12,775	$	85,809	$	63,522	$	77	$	162,183
Wealth and investment services	10,145		—		22,732		(34)		32,843
Other	—		3,514		2,133		—		5,647
Revenue from contracts with customers	22,920		89,323		88,387		43		200,673
Other sources of non-interest income	41,845		—		21,282		18,768		81,895
Total non-interest income	$	64,765	$	89,323	$	109,669	$	18,811	$	282,568

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, but 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 21: Segment Reporting. Contracts with customers have not generated significant contract assets and liabilities.