NON-INTEREST INCOME AND OTHER EXPENSES

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

NON-INTEREST INCOME AND OTHER EXPENSES

NON-INTEREST INCOME AND OTHER EXPENSES

The following table presents the details of the Company's Non-interest income for the following periods:

	Three-Month Period Ended June 30,				Six-Month Period Ended June 30,
(in thousands)	2020		2019		2020		2019
Non-interest income:
Consumer and commercial fees	$	108,826	$	146,499	$	233,074	$	279,517
Lease income	755,006		705,835		1,526,666		1,380,720
Miscellaneous income, net
Mortgage banking income, net	17,038		13,908		33,127		22,723
BOLI	13,815		16,113		28,909		30,431
Capital market revenue	84,184		48,442		122,468		97,964
Net gain on sale of operating leases	23,145		48,479		50,096		72,490
Asset and wealth management fees	50,941		44,157		103,592		87,204
Loss on sale of non-mortgage loans	(122,533)		(83,916)		(184,640)		(151,373)
Other miscellaneous (loss) / income, net	(166,620)		21,088		(131,609)		38,376
Net gain on sale of investment securities	22,516		2,379		31,795		379
Total Non-interest income	$	786,318	$	962,984	$	1,813,478	$	1,858,431

Disaggregation of Revenue from Contracts with Customers

The following table presents the Company's Non-interest income disaggregated by revenue source:

	Three-Month Period Ended June 30,				Six-Month Period Ended June 30,
(in thousands)	2020		2019		2020		2019
Non-interest income:
In-scope of revenue from contracts with customers:
Depository services(1)	$	41,825	$	60,115	$	99,029	$	116,282
Commission and trailer fees(2)	45,552		40,987		97,264		79,636
Interchange income, net(2)	15,599		17,851		31,919		32,963
Underwriting service fees(2)	49,200		27,249		75,407		50,792
Asset and wealth management fees(2)	26,271		37,077		69,291		73,997
Other revenue from contracts with customers(2)	15,504		11,895		38,592		20,379
Total in-scope of revenue from contracts with customers	193,951		195,174		411,502		374,049
Out-of-scope of revenue from contracts with customers:
Consumer and commercial fees(3)	59,027		75,794		113,388		141,540
Lease income	755,006		705,835		1,526,666		1,380,720
Miscellaneous loss(3)	(244,182)		(16,198)		(269,873)		(38,257)
Net gain/(loss) on sale of investment securities	22,516		2,379		31,795		379
Total out-of-scope of revenue from contracts with customers	592,367		767,810		1,401,976		1,484,382
Total non-interest income	$	786,318	$	962,984	$	1,813,478	$	1,858,431

(1) Primarily recorded in the Company's Consolidated Statements of Operations within Consumer and commercial fees.

(2) Primarily recorded in the Company's Consolidated Statements of Operations within Miscellaneous income, net.

(3) The balance presented excludes certain revenue streams that are considered in-scope and presented above.

NOTE 13. NON-INTEREST INCOME AND OTHER EXPENSES (continued)

Other Expenses

The following table presents the Company's other expenses for the following periods:

	Three-Month Period Ended June 30,				Six-Month Period Ended June 30,
(in thousands)	2020		2019		2020		2019(1)
Other expenses:
Amortization of intangibles	$	14,744	$	14,742	$	29,487	$	29,508
Deposit insurance premiums and other expenses	13,766		10,507		26,320		42,244
Loss on debt extinguishment	890		1,109		1,026		1,127
Other administrative expenses	111,655		122,644		199,485		258,529
Other miscellaneous expenses	8,327		11,502		21,409		14,828
Total Other expenses	$	149,382	$	160,504	$	277,727	$	346,236

(1) The six-month period ended June 30, 2019 includes $25.3 million of FDIC insurance premiums that relates to periods from the first quarter of 2015 through the fourth quarter of 2018. The Company has concluded that the out-of-period correction is immaterial to all impacted periods.