Note 17 - Revenue From Contracts With Clients

9 Months Ended

Sep. 30, 2026

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

17. Revenue from Contracts with Clients

The following is a summary of revenue from contracts with clients that are in-scope and not in-scope under ASC Topic 606:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
	($ In thousands)
Non-interest income, in-scope:
Fees and service charges on deposit accounts	$	2,762	$	2,681	$	8,077	$	7,726
Wealth management fees		6,623		6,219		21,645		17,324
Other service fees(1)		4,865		5,648		14,943		14,890
Total in-scope non-interest income		14,250		14,548		44,665		39,940
Non-interest gain, not in-scope(2)		28,520		6,473		40,169		7,676
Total non-interest income	$	42,770	$	21,021	$	84,834	$	47,616
(1) Other service fees comprise of fees related to letters of credit, wire fees, fees on foreign exchange transactions and other immaterial individual revenue streams.
(2) Noninterest income outside the scope of ASC 606 primarily consists of interest-rate swap income, net gains and losses on equity securities and other miscellaneous income.

The major revenue streams by fee type that are within the scope of ASC Topic 606 presented in the above table are described in additional detail below:

Fees and Services Charges on Deposit Accounts

Fees and service charges on deposit accounts include charges for analysis, overdraft, cash checking, ATM, and safe deposit activities executed by our deposit clients, as well as interchange income earned through card payment networks for the acceptance of card-based transactions. Fees earned from our deposit clients are governed by contracts that provide for overall custody and access to deposited funds and other related services and can be terminated at will by either party. Fees and service charges on deposit accounts are recognized when the performance obligations are met.

Wealth Management Fees

The Company employs financial consultants to provide investment planning services for clients including wealth management services, asset allocation strategies, portfolio analysis and monitoring, investment strategies, and risk management strategies. The fees the Company earns are variable and are recognized over the period in which the related services are performed, based on transaction details received from the third-party broker-dealer.

Practical Expedients and Exemptions

The Company applies the practical expedient and exemptions in ASC 606-10-50-14 and does not disclose the transaction price allocated to remaining unsatisfied or partially unsatisfied performance obligations. The Company’s contracts with customers generally have an original expected duration of one year or less, are open-ended arrangements that may be terminated by either party upon notice of less than one year or qualify for the practical expedient because the Company recognizes revenue in the amount to which it has a right to invoice for services performed.

In addition, given the short-term nature of the contracts, the Company applies the practical expedient in ASC 606-10-32-18 and does not adjust the consideration for a significant financing component when, at contract inception, the period between transfer of the applicable service and customer payment is expected to be one year or less.