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Revenue From Contracts With Customers
 9 Months Ended
Sep. 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 September 30,
20242023
TotalRevenue fromTotalRevenue from
RecordedContracts withRecordedContracts with
RevenueCustomersRevenueCustomers
(In thousands)
Total Interest Income$446,893 $— $446,084 $— 
Noninterest Income:
   Service charges on deposit accounts4,568 4,568 4,018 4,018 
   Other commissions and fees8,256 4,322 7,641 3,974 
   Leased equipment income17,176 — 14,554 — 
   Loss on sale of loans(62)— (1,901)— 
   Loss on sale of securities(59,946)— — — 
   Dividends and gains on equity investments3,730 — 3,837 — 
   Warrant income (loss)211 — (88)— 
LOCOM HFS adjustment(74)— 307 — 
   Other income10,689 170 15,440 117 
      Total noninterest (loss) income(15,452)9,060 43,808 8,109 
Total Revenue$431,441 $9,060 $489,892 $8,109 
The following table presents revenue from contracts with customers based on the timing of revenue recognition for the periods indicated:
Three Months Ended
September 30,
20242023
(In thousands)
Products and services transferred at a point in time$4,012 $3,698 
Products and services transferred over time5,048 4,411 
Total revenue from contracts with customers$9,060 $8,109 
Nine Months Ended September 30,
20242023
TotalRevenue fromTotalRevenue from
RecordedContracts withRecordedContracts with
RevenueCustomersRevenueCustomers
(In thousands)
Total Interest Income$1,388,186 $— $1,503,760 $— 
Noninterest Income:
   Service charges on deposit accounts13,813 13,813 11,906 11,906 
   Other commissions and fees25,027 13,708 29,226 12,528 
   Leased equipment income40,379 — 50,798 — 
   Gain (loss) on sale of loans625 — (157,820)— 
   Loss on sale of securities(59,946)— — — 
   Dividends and gains on equity investments7,964 — 7,593 — 
   Warrant gain (loss) 65 — (545)— 
LOCOM HFS adjustment218 — (11,636)— 
   Other income20,011 396 22,595 628 
      Total noninterest income (loss)48,156 27,917 (47,883)25,062 
Total Revenue$1,436,342 $27,917 $1,455,877 $25,062 
The following table presents revenue from contracts with customers based on the timing of revenue recognition for the periods indicated:
Nine Months Ended
September 30,
20242023
(In thousands)
Products and services transferred at a point in time$13,093 $11,899 
Products and services transferred over time14,824 13,163 
Total revenue from contracts with customers$27,917 $25,062 
Contract Balances
The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers as of the dates indicated:
September 30, 2024December 31, 2023
(In thousands)
Receivables, which are included in "Other assets"$1,457 $1,615 
Contract liabilities, which are included in "Accrued interest payable and other liabilities"$366 $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 nine months ended September 30, 2024 due to revenue recognized that was included in the contract liability balance at the beginning of the period was $52,000.