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Revenue From Contracts With Customers
 6 Months Ended
Jun. 30, 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 June 30,
20242023
TotalRevenue fromTotalRevenue from
RecordedContracts withRecordedContracts with
RevenueCustomersRevenueCustomers
(In thousands)
Total Interest Income$462,589 $— $539,888 $— 
Noninterest Income:
   Service charges on deposit accounts4,540 4,540 4,315 4,315 
   Other commissions and fees8,629 4,403 11,241 4,124 
   Leased equipment income11,487 — 22,387 — 
   Gain (loss) on sale of loans1,135 — (158,881)— 
   Dividends and gains on equity investments1,166 — 2,658 — 
   Warrant loss(324)— (124)— 
LOCOM HFS adjustment(38)— (11,943)— 
   Other income3,197 133 2,265 240 
      Total noninterest income29,792 9,076 (128,082)8,679 
Total Revenue$492,381 $9,076 $411,806 $8,679 
The following table presents revenue from contracts with customers based on the timing of revenue recognition for the periods indicated:
Three Months Ended
June 30,
20242023
(In thousands)
Products and services transferred at a point in time$4,203 $3,849 
Products and services transferred over time4,873 4,830 
Total revenue from contracts with customers$9,076 $8,679 
Six Months Ended June 30,
20242023
TotalRevenue fromTotalRevenue from
RecordedContracts withRecordedContracts with
RevenueCustomersRevenueCustomers
(In thousands)
Total Interest Income$941,293 $— $1,057,676 $— 
Noninterest Income:
   Service charges on deposit accounts9,245 9,245 7,888 7,888 
   Other commissions and fees16,771 9,386 21,585 8,555 
   Leased equipment income23,203 — 36,244 — 
   Gain (loss) on sale of loans687 — (155,919)— 
   Dividends and gains on equity investments4,234 — 3,756 — 
   Warrant loss (146)— (457)— 
LOCOM HFS adjustment292 — (11,943)— 
   Other income9,322 226 7,155 510 
      Total noninterest income63,608 18,857 (91,691)16,953 
Total Revenue$1,004,901 $18,857 $965,985 $16,953 
The following table presents revenue from contracts with customers based on the timing of revenue recognition for the periods indicated:
Six Months Ended
June 30,
20242023
(In thousands)
Products and services transferred at a point in time$9,081 $8,201 
Products and services transferred over time9,776 8,752 
Total revenue from contracts with customers$18,857 $16,953 
Contract Balances
The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers as of the dates indicated:
June 30, 2024December 31, 2023
(In thousands)
Receivables, which are included in "Other assets"$1,297 $1,615 
Contract liabilities, which are included in "Accrued interest payable and other liabilities"$383 $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 six months ended June 30, 2024 due to revenue recognized that was included in the contract liability balance at the beginning of the period was $35,000.