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REVENUE RECOGNITION | 12 Months Ended
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Dec. 31, 2019
Revenue from Contract with Customer [Abstract] |
REVENUE RECOGNITION | REVENUE RECOGNITION The following presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the periods indicated.
|  | Year Ended December 31,
($ in thousands) |  | 2019 |  | 2018 |  | 2017
Noninterest Income |  |  |  |  |  |
In scope of Topic 606 |  |  |  |  |  |
Deposit Service Fees |  | $ | 2,414 |  |  | $ | 3,000 |  |  | $ | 2,947 |
Debit Card Fees |  | 533 |  |  | 659 |  |  | 1,698 |
Investment Commissions |  | 685 |  |  | 1,625 |  |  | 1,893 |
Other |  | 340 |  |  | 320 |  |  | 31 |
Noninterest Income (in-scope of Topic 606) |  | 3,972 |  |  | 5,604 |  |  | 6,569 |
Noninterest Income (out-of-scope of Topic 606) |  | 8,144 |  |  | 18,311 |  |  | 38,101 |
Total Noninterest Income |  | $ | 12,116 |  |  | $ | 23,915 |  |  | $ | 44,670 |
Noninterest income and expense considered to be within the scope of Topic 606 is discussed below. Debit Card Fees When clients use their debit cards to pay merchants for goods or services, we retain a fee from the funds collected from the related deposit account and transfer the remaining funds to the payment network for remittance to the merchant. The performance obligation to the merchant is satisfied and the fee is recognized at the point in time when the funds are collected and transferred to the payment network. Investment Commissions We act as an agent for a third party vendor that provides investment services and products to clients. Upon completion of a sale of investment services or products to a client, we receive a commission from the third party vendor. The performance obligation to the third party vendor is satisfied and the commission income is recognized at that point in time. Deposit Service Fees Service charges on deposit accounts consist of account analysis fees, monthly service fees, check orders, and other deposit related fees. Our performance obligation for account analysis fees and monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Check orders and other deposit account related fees are largely transactional based, and therefore, our performance obligation is satisfied, and related revenue recognized, at a point in time as incurred. Other Other noninterest income primarily consists of other recurring revenue streams from merchant referral commissions. Our performance obligation for merchant referral commissions is satisfied with the successful sale of services to those referred merchants, which is when the commission is received and the income is recognized. Gains and Losses on Sales of OREO All other noninterest expense includes gains or losses on sales of OREO. Our performance obligation for sale of OREO is the transfer of title and ownership rights of the OREO to the buyer, which occurs at the settlement date when the sale proceeds are received and income is recognized. Gains or losses on sales of OREO are presented in Note 9 - Other Real Estate Owned. We do not typically enter into long-term revenue contracts with clients. As of December 31, 2019 and 2018, we did not have any significant contract balances. As of December 31, 2019 and 2018, we did not capitalize any contract acquisition costs.

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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 + Details
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