Revenue from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

The following table summarizes revenues recognized in accordance with ASC Topic 606, Revenue from Contracts with Customers. These disaggregated amounts, together with sources of other non-interest income that are subject to other GAAP topics, have been reconciled to non-interest income by reportable segment as presented within Note 17: Segment Reporting.


	Three months ended March 31, 2022
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Non-interest Income:
Deposit service fees	$	6,685	$	25,134	$	15,954	$	54	$	47,827
Loan and lease related fees (1)	4,498		—		—		—		4,498
Wealth and investment services	3,134		—		7,471		(8)		10,597
Other income	—		1,824		385		—		2,209
Revenue from contracts with customers	14,317		26,958		23,810		46		65,131
Other sources of non-interest income	24,426		—		4,082		10,396		38,904
Total non-interest income	$	38,743	$	26,958	$	27,892	$	10,442	$	104,035


	Three months ended March 31, 2021
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Non-interest Income:
Deposit service fees	$	4,090	$	25,018	$	11,314	$	47	$	40,469
Wealth and investment services	2,919		—		6,493		(9)		9,403
Other income	—		1,987		548		—		2,535
Revenue from contracts with customers	7,009		27,005		18,355		38		52,407
Other sources of non-interest income	11,367		—		4,517		8,466		24,350
Total non-interest income	$	18,376	$	27,005	$	22,872	$	8,504	$	76,757

(1)A portion of loan and lease related fees comprises income generated from factored receivables and payroll financing activities that is within the scope of ASC Topic 606. These revenue streams are new to Webster as of the first quarter of 2022 due to the businesses acquired in connection with the Sterling merger.