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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
6 Months Ended
Jun. 30, 2024
REVENUE FROM CONTRACTS WITH CUSTOMERS [Abstract]  
Disaggregation of Revenue [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quarter ended June 30, 2024
Mortgage
Banking
Consumer
(Retail)
Banking
Commercial
and Corporate
Treasury and
Investments
United States
Operations
Virgin Islands
Operations
Total
(In thousands)
Net interest income (loss)
(1)
$
14,332
$
151,269
$
14,927
$
(4,851)
$
18,884
$
5,067
$
199,628
Service charges and fees on deposit accounts
-
5,254
3,536
-
155
780
9,725
Insurance commission income
-
2,563
-
-
30
193
2,786
Card and processing income
-
10,472
18
-
31
1,002
11,523
Other service charges and fees
41
973
1,018
-
613
153
2,798
Not in scope of ASC Topic
 
606
 
(1)
3,620
1,201
244
98
5
38
5,206
 
Total non-interest income
3,661
20,463
4,816
98
834
2,166
32,038
Total Revenue (Loss)
$
17,993
$
171,732
$
19,743
$
(4,753)
$
19,718
$
7,233
$
231,666
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quarter ended June 30, 2023
Mortgage
Banking
Consumer
(Retail)
Banking
Commercial
and Corporate
Treasury and
Investments
United States
Operations
Virgin Islands
Operations
Total
(In thousands)
Net interest income (loss)
(1)
$
21,360
$
142,597
$
12,933
$
(2,789)
$
19,690
$
6,024
$
199,815
Service charges and fees on deposit accounts
-
5,087
3,326
-
172
702
9,287
Insurance commission income
-
2,464
-
-
79
204
2,747
Card and processing income
-
10,152
28
-
49
906
11,135
Other service charges and fees
33
1,508
1,094
-
660
207
3,502
Not in scope of ASC Topic
 
606
(1)
3,029
1,010
3,697
1,680
195
(11)
9,600
Total non-interest
 
income
3,062
20,221
8,145
1,680
1,155
2,008
36,271
Total Revenue (Loss)
$
24,422
$
162,818
$
21,078
$
(1,109)
$
20,845
$
8,032
$
236,086
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six-Month Period Ended June 30, 2024
Mortgage
Banking
Consumer
(Retail)
Banking
Commercial and
Corporate
Treasury and
Investments
United States
Operations
Virgin Islands
Operations
Total
(In thousands)
Net interest income loss
(1)
$
30,155
$
300,216
$
29,855
$
(11,383)
$
37,132
$
10,173
$
396,148
Service charges and fees on deposit accounts
-
10,535
7,028
-
303
1,521
19,387
Insurance commission income
-
7,797
-
-
86
410
8,293
Card and processing income
-
20,710
42
-
109
1,974
22,835
Other service charges and fees
99
2,016
1,894
-
1,234
294
5,537
Not in scope of ASC Topic
 
606
 
(1)
6,581
2,811
353
181
3
40
9,969
 
Total non-interest income
6,680
43,869
9,317
181
1,735
4,239
66,021
Total Revenue (Loss)
$
36,835
$
344,085
$
39,172
$
(11,202)
$
38,867
$
14,412
$
462,169
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six-Month Period Ended June 30, 2023
Mortgage
Banking
Consumer
(Retail)
Banking
Commercial and
Corporate
Treasury and
Investments
United States
Operations
Virgin Islands
Operations
Total
(In thousands)
Net interest income (loss)
(1)
$
43,148
$
280,341
$
27,873
$
(3,447)
$
40,620
$
12,165
$
400,700
Service charges and fees on deposit accounts
-
10,573
6,480
-
337
1,438
18,828
Insurance commission income
-
7,104
-
-
107
383
7,594
Card and processing income
-
20,053
50
-
80
1,870
22,053
Other service charges and fees
194
2,660
1,948
-
1,243
551
6,596
Not in scope of ASC Topic
 
606
 
(1)
5,942
1,865
3,842
1,840
235
(6)
13,718
 
Total non-interest income
6,136
42,255
12,320
1,840
2,002
4,236
68,789
Total Revenue (Loss)
$
49,284
$
322,596
$
40,193
$
(1,607)
$
42,622
$
16,401
$
469,489
(1)
Most of the Corporation’s revenue is not within the scope of ASC Topic 606. The guidance explicitly excludes net interest income from financial assets and liabilities, as well as other non-interest income from loans,
leases, investment securities and derivative financial instruments.