Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 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 16: Segment Reporting.


	Three months ended June 30, 2022
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Non-interest Income:
Deposit service fees	$	7,647	$	24,949	$	18,352	$	437	$	51,385
Loan and lease related fees (1)	6,077		—		—		—		6,077
Wealth and investment services	2,770		—		8,479		(5)		11,244
Other income	—		1,603		285		—		1,888
Revenue from contracts with customers	16,494		26,552		27,116		432		70,594
Other sources of non-interest income	32,936		—		3,668		13,735		50,339
Total non-interest income	$	49,430	$	26,552	$	30,784	$	14,167	$	120,933


	Three months ended June 30, 2021
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Non-interest Income:
Deposit service fees	$	4,104	$	24,478	$	12,734	$	123	$	41,439
Wealth and investment services	3,043		—		7,053		(9)		10,087
Other income	—		2,076		579		—		2,655
Revenue from contracts with customers	7,147		26,554		20,366		114		54,181
Other sources of non-interest income	11,231		—		3,732		3,558		18,521
Total non-interest income	$	18,378	$	26,554	$	24,098	$	3,672	$	72,702



	Six months ended June 30, 2022
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Non-interest Income:
Deposit service fees	$	14,332	$	50,083	$	34,306	$	491	$	99,212
Loan and lease related fees (1)	10,575		—		—		—		10,575
Wealth and investment services	5,904		—		15,950		(13)		21,841
Other income	—		3,427		670		—		4,097
Revenue from contracts with customers	30,811		53,510		50,926		478		135,725
Other sources of non-interest income	57,362		—		7,750		24,131		89,243
Total non-interest income	$	88,173	$	53,510	$	58,676	$	24,609	$	224,968



	Six months ended June 30, 2021
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Non-interest Income:
Deposit service fees	$	8,194	$	49,496	$	24,048	$	170	$	81,908
Wealth and investment services	5,962		—		13,546		(18)		19,490
Other income	—		4,063		1,127		—		5,190
Revenue from contracts with customers	14,156		53,559		38,721		152		106,588
Other sources of non-interest income	22,598		—		8,249		12,024		42,871
Total non-interest income	$	36,754	$	53,559	$	46,970	$	12,176	$	149,459

(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 were new to Webster as of the first quarter of 2022 due to the businesses acquired in connection with the Sterling merger.