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REVENUE FROM CONTRACTS WITH CUSTOMERS
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACTS WITH CUSTOMERS
All of the Company’s revenue from contracts with customers in the scope of ASC 606 is recognized within noninterest
income in the consolidated statements of income. A description of the Company’s revenue streams accounted for under
ASC 606 are as follows:
Service Charges on Deposit Accounts and Other Deposit Service Fees: The Company earns fees from its deposit
customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees are recognized at the
time the transaction is executed as that is the point in time the Company fulfills the customer’s request. Account
maintenance fees, which relate primarily to monthly maintenance, are earned over the course of a month, representing the
period over which the Company satisfies the performance obligation. Overdraft fees are recognized at the point in time that
the overdraft occurs. Service charges on deposits are withdrawn from the customer’s account balance. Other deposit service
fees are recognized at the point in time that the transaction occurs or the services provided.
Trust Fees: The Company earns trust fees from its contracts with trust customers to manage assets for investment services.
These fees are primarily earned over time as the Company provides the contracted monthly services and are generally
assessed based on a tiered scale of the market value of assets under management (AUM) at month-end. Other related
services provided, which are based on a fixed fee schedule, are recognized when the services are rendered.
Merchant Processing Services, ATM processing and Debit Card Fees: ATM processing fees are recognized at the point
in time that the transaction occurs or the services provided. The Company earns interchange fees from cardholder
transactions conducted through the payment networks. Interchange fees from cardholder transactions represent a
percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing
services provided to the cardholder.
The following is a summary of the revenue from contracts with customers in the scope of ASC 606 that is recognized
within noninterest income (loss):
Quarter Ended September 30,
Nine Months Ended September 30,
(in thousands)
2025
2024
2025
2024
Noninterest income in scope of ASC 606:
Service charges on deposit accounts
$5,875
$6,007
$16,861
$17,854
Trust fees and commissions
3,117
3,176
9,452
8,841
ATM network fee income
3,425
3,109
9,353
9,084
Noninterest income subject to ASC 606
12,417
12,292
35,666
35,779
Noninterest income (loss) not subject to ASC 606
97,361
4,612
108,718
(193,434)
Total noninterest income (loss)
$109,778
$16,904
$144,384
$(157,655)