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Revenue from Contracts with Customers | 3 Months Ended
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Mar. 31, 2022
Revenue Recognition [Abstract] |
Revenue from Contracts with Customers | Revenue from Contracts with Customers Revenue from contracts with customers is recognized when obligations under the terms of a contract with the Corporation's customer are satisfied. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. We do not have any material significant payment terms as payment is received at or shortly after the satisfaction of the performance obligation. The Corporation's disaggregated revenue by major source is presented below:
| Corporate and Commercial Specialty |  |  |
| Three Months Ended Mar 31, |  |  |  |
($ in Thousands) | 2022 | 2021 |  |  |  |  |
Wealth management fees | $ | 22,404 |  | $ | 22,414 |  |  |  |  |  |
Service charges and deposit account fees | 3,784 |  | 3,941 |  |  |  |  |  |
Card-based fees(a) | 417 |  | 346 |  |  |  |  |  |
Other revenue | 1,235 |  | 664 |  |  |  |  |  |
Noninterest income (in-scope of Topic 606) | $ | 27,840 |  | $ | 27,365 |  |  |  |  |  |
Noninterest income (out-of-scope of Topic 606)(b) | 9,950 |  | 14,464 |  |  |  |  |  |
Total noninterest income | $ | 37,790 |  | $ | 41,828 |  |  |  |  |  |
| Community, Consumer, and Business |  |  |
| Three Months Ended Mar 31, |  |  |  |
($ in Thousands) | 2022 | 2021 |  |  |  |  |
Service charges and deposit account fees | $ | 13,069 |  | $ | 10,900 |  |  |  |  |  |
Card-based fees(a) | 9,524 |  | 9,414 |  |  |  |  |  |
Other revenue | 1,862 |  | 3,674 |  |  |  |  |  |
Noninterest income (in-scope of Topic 606) | $ | 24,455 |  | $ | 23,988 |  |  |  |  |  |
Noninterest income (out-of-scope of Topic 606) | 8,751 |  | 23,342 |  |  |  |  |  |
Total noninterest income | $ | 33,207 |  | $ | 47,331 |  |  |  |  |  |
| Risk Management and Shared Services
| Three Months Ended Mar 31, |
($ in Thousands) | 2022 | 2021 |  |
Service charges and deposit account fees | $ | 3 |  | $ | 15 |  |  |
Card-based fees(a) | 7 |  | 4 |  |  |
Other revenue | 38 |  | 391 |  |  |
Noninterest income (in-scope of Topic 606) | $ | 49 |  | $ | 409 |  |  |
Noninterest income (out-of-scope of Topic 606) | 3,421 |  | 5,775 |  |  |
Total noninterest income | $ | 3,470 |  | $ | 6,184 |  |  |
| Consolidated Total
| Three Months Ended Mar 31, |
($ in Thousands) | 2022 | 2021 |  |
Wealth management fees | $ | 22,404 |  | $ | 22,414 |  |  |
Service charges and deposit account fees | 16,856 |  | 14,855 |  |  |
Card-based fees(a) | 9,949 |  | 9,764 |  |  |
Other revenue | 3,135 |  | 4,729 |  |  |
Noninterest income (in-scope of Topic 606) | $ | 52,344 |  | $ | 51,762 |  |  |
Noninterest income (out-of-scope of Topic 606)(b) | 22,123 |  | 43,581 |  |  |
Total noninterest income | $ | 74,467 |  | $ | 95,343 |  |  |
(a) Certain card-based fees are out-of-scope of Topic 606. (b) For the three months ended March 31, 2021, the Corporation recognized a $2 million pre-tax gain on the sale of Whitnell. Below is a listing of performance obligations for the Corporation's main revenue streams:
Revenue Stream | Noninterest income in-scope of Topic 606
Service charges and deposit account fees | Service charges and deposit account fees consist of monthly service fees (i.e. business analyzed fees and consumer service charges) and other deposit account related fees. The Corporation's performance obligation for monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Other deposit account related fees are largely transactional based, and therefore, the Corporation's performance obligation is satisfied, and related revenue recognized, at a point in time. Payment for service charges and deposit account fees is primarily received immediately or in the following month through a direct charge to customers’ accounts.
Card-based fees(a) | Card-based fees are primarily comprised of debit and credit card income, ATM fees, and merchant services income. Debit and credit card income is primarily comprised of interchange fees earned whenever the Corporation's debit and credit cards are processed through card payment networks. ATM and merchant fees are largely transactional based, and therefore, the Corporation's performance obligation is satisfied, and related revenue recognized, at a point in time. Payment is typically received immediately or in the following month.
Trust and asset management fees(b) | Trust and asset management income is primarily comprised of fees earned from the management and administration of trusts and other customer assets. The Corporation's performance obligation is generally satisfied over time and the resulting fees are recognized monthly, based upon the month-end market value of the assets under management and the applicable fee rate. Payment is generally received a few days after month end through a direct charge to the customers’ accounts. The Corporation's performance obligation for these transactional-based services is generally satisfied, and related revenue recognized, at a point in time (i.e., as incurred). Payment is received shortly after services are rendered.
Brokerage and advisory fees(b) | Brokerage and advisory fees primarily consist of investment advisory, brokerage, retirement services, and annuities. The Corporation's performance obligation for investment advisory services and retirement services is generally satisfied, and the related revenue recognized, over the period in which the services are provided. The performance obligation for annuities is satisfied upon sale of the annuity, and therefore, the related revenue is primarily recognized at the time of sale. Payment for these services are typically received immediately or in advance of the service.
(a) Certain card-based fees are out-of-scope of Topic 606. (b) Trust and asset management fees and brokerage and advisory fees are included in wealth management fees.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
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