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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2021
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregation of Revenue According to Revenue Stream and Business Segment

The following table depicts the disaggregation of noninterest income according to revenue stream and Business Segment for the three and nine months ended September 30, 2021 and September 30, 2020.  As stated in Note 8, “Business Segment Reporting,” for comparability purposes, amounts in all periods are based on methodologies in effect at September 30, 2021 and previously reported results have been reclassified in this Form 10-Q to conform to the Company’s current organizational structure.  

Disaggregated revenue is as follows (in thousands):

 

 

Three Months Ended September 30, 2021

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

42,697

 

 

$

14,217

 

 

$

 

 

$

56,914

 

Trading and investment banking

 

 

 

 

 

129

 

 

 

 

 

 

5,807

 

 

 

5,936

 

Service charges on deposit accounts

 

 

7,918

 

 

 

9,867

 

 

 

2,008

 

 

 

88

 

 

 

19,881

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

285

 

 

 

 

 

 

285

 

Brokerage fees

 

 

16

 

 

 

851

 

 

 

2,032

 

 

 

 

 

 

2,899

 

Bankcard fees

 

 

15,132

 

 

 

4,727

 

 

 

5,702

 

 

 

(8,363

)

 

 

17,198

 

Investment securities losses, net

 

 

 

 

 

 

 

 

 

 

 

(3,510

)

 

 

(3,510

)

Other

 

 

209

 

 

 

404

 

 

 

670

 

 

 

7,021

 

 

 

8,304

 

Total Noninterest income

 

$

23,275

 

 

$

58,675

 

 

$

24,914

 

 

$

1,043

 

 

$

107,907

 

 

 

 

Three Months Ended September 30, 2020

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

34,188

 

 

$

16,364

 

 

$

 

 

$

50,552

 

Trading and investment banking

 

 

 

 

 

74

 

 

 

 

 

 

8,604

 

 

 

8,678

 

Service charges on deposit accounts

 

 

7,428

 

 

 

10,180

 

 

 

1,986

 

 

 

56

 

 

 

19,650

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

259

 

 

 

 

 

 

259

 

Brokerage fees

 

 

67

 

 

 

2,775

 

 

 

1,977

 

 

 

 

 

 

4,819

 

Bankcard fees

 

 

12,954

 

 

 

4,706

 

 

 

5,213

 

 

 

(7,578

)

 

 

15,295

 

Investment securities losses, net

 

 

 

 

 

 

 

 

 

 

 

(475

)

 

 

(475

)

Other

 

 

240

 

 

 

363

 

 

 

649

 

 

 

12,966

 

 

 

14,218

 

Total Noninterest income

 

$

20,689

 

 

$

52,286

 

 

$

26,448

 

 

$

13,573

 

 

$

112,996

 

 

 

 

 

Nine Months Ended September 30, 2021

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

120,300

 

 

$

45,311

 

 

$

 

 

$

165,611

 

Trading and investment banking

 

 

 

 

 

750

 

 

 

 

 

 

23,212

 

 

 

23,962

 

Service charges on deposit accounts

 

 

23,676

 

 

 

34,876

 

 

 

5,661

 

 

 

236

 

 

 

64,449

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

950

 

 

 

 

 

 

950

 

Brokerage fees

 

 

90

 

 

 

2,843

 

 

 

5,892

 

 

 

 

 

 

8,825

 

Bankcard fees

 

 

41,829

 

 

 

14,310

 

 

 

16,584

 

 

 

(24,789

)

 

 

47,934

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

3,609

 

 

 

3,609

 

Other

 

 

636

 

 

 

1,219

 

 

 

1,985

 

 

 

29,213

 

 

 

33,053

 

Total Noninterest income

 

$

66,231

 

 

$

174,298

 

 

$

76,383

 

 

$

31,481

 

 

$

348,393

 

 

 

 

Nine Months Ended September 30, 2020

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

96,805

 

 

$

47,068

 

 

$

 

 

$

143,873

 

Trading and investment banking

 

 

 

 

 

753

 

 

 

 

 

 

22,499

 

 

 

23,252

 

Service charges on deposit accounts

 

 

21,211

 

 

 

36,249

 

 

 

6,197

 

 

 

148

 

 

 

63,805

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

1,051

 

 

 

 

 

 

1,051

 

Brokerage fees

 

 

184

 

 

 

14,187

 

 

 

6,061

 

 

 

 

 

 

20,432

 

Bankcard fees

 

 

38,855

 

 

 

12,965

 

 

 

14,880

 

 

 

(21,944

)

 

 

44,756

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

7,624

 

 

 

7,624

 

Other

 

 

897

 

 

 

1,075

 

 

 

1,977

 

 

 

23,134

 

 

 

27,083

 

Total Noninterest income

 

$

61,147

 

 

$

162,034

 

 

$

77,234

 

 

$

31,461

 

 

$

331,876