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Revenue From Contracts With Customers
3 Months Ended
Mar. 31, 2024
Revenue From Contracts With Customers [Abstract]  
Revenue from Contracts with Customers REVENUE FROM CONTRACTS WITH CUSTOMERS
Disaggregation of Revenue
The following table presents interest income and noninterest income, the components of total revenue, as disclosed in the condensed consolidated statements of earnings (loss) and the related amounts which are from contracts with customers within the scope of ASC Topic 606, "Revenue from Contracts with Customers," for the periods indicated. As illustrated here, substantially all of our revenue is specifically excluded from the scope of ASC Topic 606.
Three Months Ended March 31,
20242023
TotalRevenue fromTotalRevenue from
RecordedContracts withRecordedContracts with
RevenueCustomersRevenueCustomers
(In thousands)
Total Interest Income$478,704 $— $517,788 $— 
Noninterest Income:
   Service charges on deposit accounts4,705 4,705 3,573 3,573 
   Other commissions and fees8,142 4,983 10,344 4,432 
   Leased equipment income11,716 — 13,857 — 
   (Loss) gain on sale of loans(448)— 2,962 — 
   Dividends and gains on equity investments3,068 — 1,098 — 
   Warrant income (loss)178 — (333)— 
LOCOM HFS adjustment330 — — — 
   Other income6,125 93 4,890 269 
      Total noninterest income33,816 9,781 36,391 8,274 
Total Revenue$512,520 $9,781 $554,179 $8,274 
The following table presents revenue from contracts with customers based on the timing of revenue recognition for the periods indicated:
Three Months Ended
March 31,
20242023
(In thousands)
Products and services transferred at a point in time$4,878 $4,352 
Products and services transferred over time4,903 3,922 
Total revenue from contracts with customers$9,781 $8,274 
Contract Balances
The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers as of the dates indicated:
March 31, 2024December 31, 2023
(In thousands)
Receivables, which are included in "Other assets"$1,354 $1,615 
Contract liabilities, which are included in "Accrued interest payable and other liabilities"$401 $418 
Contract liabilities relate to advance consideration received from customers for which revenue is recognized over the life of the contract. The change in contract liabilities for the three months ended March 31, 2024 due to revenue recognized that was included in the contract liability balance at the beginning of the period was $17,000.