Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table presents the Corporation’s noninterest income by revenue stream and reportable segment for the three and six months ended June 30, 2021 and 2020. Items outside the scope of ASC 606 are noted as such.

 

	Three Months Ended June 30, 2021						Three Months Ended June 30, 2020
(dollars in thousands)	Banking		Wealth Management		Consolidated		Banking		Wealth Management		Consolidated
Fees for wealth management services	$	—	$	14,031	$	14,031	$	—	$	9,069	$	9,069
Insurance commissions	—		1,249		1,249		—		1,303		1,303
Capital markets revenue(1)	1,290		—		1,290		2,975		—		2,975
Service charges on deposit accounts	733		—		733		603		—		603
Loan servicing and other fees(1)	397		—		397		452		—		452
Net gain on sale of loans(1)	525		—		525		3,134		—		3,134
Dividends on FHLB and FRB stock(1)	239		—		239		243		—		243
Other operating income(2)	2,367		135		2,502		2,699		88		2,787
Total noninterest income	$	5,551	$	15,415	$	20,966	$	10,106	$	10,460	$	20,566

(1) Not within the scope of ASC 606.

(2) Other operating income includes Visa debit card income, safe deposit box rentals, and rent income totaling $839 thousand and $733 thousand for the three months ended June 30, 2021 and 2020, respectively, which are within the scope of ASC 606.

	Six Months Ended June 30, 2021						Six Months Ended June 30, 2020
(dollars in thousands)	Banking		Wealth Management		Consolidated		Banking		Wealth Management		Consolidated
Fees for wealth management services	$	—	$	26,867	$	26,867	$	—	$	20,237	$	20,237
Insurance commissions	—		2,713		2,713		—		2,836		2,836
Capital markets revenue(1)	2,886		—		2,886		5,336		—		5,336
Service charges on deposit accounts	1,429		—		1,429		1,449		—		1,449
Loan servicing and other fees(1)	701		—		701		913		—		913
Net gain on sale of loans(1)	775		—		775		3,916		—		3,916
Net gain (loss) on sale of OREO	—		—		—		148		—		148
Dividends on FHLB and FRB stock(1)	461		—		461		687		—		687
Other operating income(2)	4,828		147		4,975		3,243		101		3,344
Total noninterest income	$	11,080	$	29,727	$	40,807	$	15,692	$	23,174	$	38,866

(1) Not within the scope of ASC 606.

(2) Other operating income includes Visa debit card income, safe deposit box rentals, and rent income totaling $1.6 million and $1.4 million for the six months ended June 30, 2021 and 2020, respectively, which are within the scope of ASC 606.