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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2022
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 six months ended June 30, 2022 and June 30, 2021.  As stated in Note 8, “Business Segment Reporting,” for comparability purposes, amounts in all periods are based on methodologies in effect at June 30, 2022 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 June 30, 2022

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

45,355

 

 

$

13,531

 

 

$

 

 

$

58,886

 

Trading and investment banking

 

 

 

 

 

60

 

 

 

 

 

 

7,063

 

 

 

7,123

 

Service charges on deposit accounts

 

 

8,696

 

 

 

10,250

 

 

 

1,839

 

 

 

50

 

 

 

20,835

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

245

 

 

 

 

 

 

245

 

Brokerage fees

 

 

75

 

 

 

10,350

 

 

 

1,966

 

 

 

 

 

 

12,391

 

Bankcard fees

 

 

15,757

 

 

 

5,553

 

 

 

5,913

 

 

 

(9,383

)

 

 

17,840

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

60,720

 

 

 

60,720

 

Other

 

 

232

 

 

 

479

 

 

 

694

 

 

 

(3,110

)

 

 

(1,705

)

Total Noninterest income

 

$

24,760

 

 

$

72,047

 

 

$

24,188

 

 

$

55,340

 

 

$

176,335

 

 

 

 

Three Months Ended June 30, 2021

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

40,118

 

 

$

13,745

 

 

$

 

 

$

53,863

 

Trading and investment banking

 

 

 

 

 

320

 

 

 

 

 

 

8,350

 

 

 

8,670

 

Service charges on deposit accounts

 

 

8,606

 

 

 

12,432

 

 

 

1,476

 

 

 

78

 

 

 

22,592

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

245

 

 

 

 

 

 

245

 

Brokerage fees

 

 

10

 

 

 

673

 

 

 

1,909

 

 

 

 

 

 

2,592

 

Bankcard fees

 

 

14,499

 

 

 

4,771

 

 

 

5,603

 

 

 

(8,810

)

 

 

16,063

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

15,455

 

 

 

15,455

 

Other

 

 

203

 

 

 

411

 

 

 

639

 

 

 

10,856

 

 

 

12,109

 

Total Noninterest income

 

$

23,318

 

 

$

58,725

 

 

$

23,617

 

 

$

25,929

 

 

$

131,589

 

 

 

 

 

Six Months Ended June 30, 2022

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

90,840

 

 

$

27,574

 

 

$

 

 

$

118,414

 

Trading and investment banking

 

 

 

 

 

216

 

 

 

 

 

 

12,347

 

 

 

12,563

 

Service charges on deposit accounts

 

 

17,641

 

 

 

24,140

 

 

 

3,576

 

 

 

120

 

 

 

45,477

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

504

 

 

 

 

 

 

504

 

Brokerage fees

 

 

108

 

 

 

11,834

 

 

 

3,905

 

 

 

 

 

 

15,847

 

Bankcard fees

 

 

29,731

 

 

 

10,884

 

 

 

11,132

 

 

 

(17,272

)

 

 

34,475

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

60,198

 

 

 

60,198

 

Other

 

 

396

 

 

 

903

 

 

 

1,379

 

 

 

9,857

 

 

 

12,535

 

Total Noninterest income

 

$

47,876

 

 

$

138,817

 

 

$

48,070

 

 

$

65,250

 

 

$

300,013

 

 

 

 

Six Months Ended June 30, 2021

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

 

 

$

77,603

 

 

$

31,094

 

 

$

 

 

$

108,697

 

Trading and investment banking

 

 

 

 

 

621

 

 

 

 

 

 

17,405

 

 

 

18,026

 

Service charges on deposit accounts

 

 

16,510

 

 

 

25,009

 

 

 

2,901

 

 

 

148

 

 

 

44,568

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

665

 

 

 

 

 

 

665

 

Brokerage fees

 

 

74

 

 

 

1,992

 

 

 

3,860

 

 

 

 

 

 

5,926

 

Bankcard fees

 

 

27,035

 

 

 

9,583

 

 

 

10,544

 

 

 

(16,426

)

 

 

30,736

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

7,119

 

 

 

7,119

 

Other

 

 

434

 

 

 

815

 

 

 

1,308

 

 

 

22,192

 

 

 

24,749

 

Total Noninterest income

 

$

44,053

 

 

$

115,623

 

 

$

50,372

 

 

$

30,438

 

 

$

240,486