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Non-Interest Revenues | 9 Months Ended
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Sep. 30, 2020
Revenue from Contract with Customer [Abstract] |
Non-Interest Revenues | NON-INTEREST REVENUES Customers' revenue from contracts with customers in scope of ASC 606 is recognized within non-interest income. The following table presents Customers' non-interest revenues affected by ASC 606 by business segment for the three and nine months ended September 30, 2020 and 2019:
| Three Months Ended September 30, 2020 |  | Three Months Ended September 30, 2019
(amounts in thousands) | Customers Bank Business Banking |  | BankMobile |  | Consolidated |  | Customers Bank Business Banking |  | BankMobile |  | Consolidated
Revenue from contracts with customers: |  |  |  |  |  |  |  |  |  |  |
Revenue recognized at point in time: |  |  |  |  |  |  |  |  |  |  |
Interchange and card revenue (1) | $ | (3,148) |  |  | $ | 7,229 |  |  | $ | 4,081 |  |  | $ | 181 |  |  | $ | 6,688 |  |  | $ | 6,869 |
Deposit fees | 651 |  |  | 2,788 |  |  | 3,439 |  |  | 457 |  |  | 3,185 |  |  | 3,642 |
University fees - card and disbursement fees | — |  |  | 310 |  |  | 310 |  |  | — |  |  | 262 |  |  | 262 |
Total revenue recognized at point in time | (2,497) |  |  | 10,327 |  |  | 7,830 |  |  | 638 |  |  | 10,135 |  |  | 10,773 |
Revenue recognized over time: |  |  |  |  |  |  |  |  |  |  |
University fees - subscription revenue | — |  |  | 1,039 |  |  | 1,039 |  |  | — |  |  | 1,006 |  |  | 1,006 |
Total revenue recognized over time | — |  |  | 1,039 |  |  | 1,039 |  |  | — |  |  | 1,006 |  |  | 1,006 |
Total revenue from contracts with customers | $ | (2,497) |  |  | $ | 11,366 |  |  | $ | 8,869 |  |  | $ | 638 |  |  | $ | 11,141 |  |  | $ | 11,779 |
| Nine Months Ended September 30, 2020 |  | Nine Months Ended September 30, 2019
(amounts in thousands) | Customers Bank Business Banking |  | BankMobile |  | Consolidated |  | Customers Bank Business Banking |  | BankMobile |  | Consolidated
Revenue from contracts with customers: |  |  |  |  |  |  |  |  |  |  |
Revenue recognized at point in time: |  |  |  |  |  |  |  |  |  |  |
Interchange and card revenue (1) | $ | (2,685) |  |  | $ | 20,053 |  |  | $ | 17,368 |  |  | $ | 580 |  |  | $ | 21,855 |  |  | $ | 22,435 |
Deposit fees | 1,704 |  |  | 8,517 |  |  | 10,221 |  |  | 1,190 |  |  | 8,009 |  |  | 9,199 |
University fees - card and disbursement fees | — |  |  | 990 |  |  | 990 |  |  | — |  |  | 783 |  |  | 783 |
Total revenue recognized at point in time | (981) |  |  | 29,560 |  |  | 28,579 |  |  | 1,770 |  |  | 30,647 |  |  | 32,417 |
Revenue recognized over time: |  |  |  |  |  |  |  |  |  |  |
University fees - subscription revenue | — |  |  | 3,038 |  |  | 3,038 |  |  | — |  |  | 2,953 |  |  | 2,953 |
Total revenue recognized over time | — |  |  | 3,038 |  |  | 3,038 |  |  | — |  |  | 2,953 |  |  | 2,953 |
Total revenue from contracts with customers | $ | (981) |  |  | $ | 32,598 |  |  | $ | 31,617 |  |  | $ | 1,770 |  |  | $ | 33,600 |  |  | $ | 35,370 |
(1) Beginning on July 1, 2020, Customers Bank became subject to the Federal Reserve's regulation limits on interchange fees for banks over $10 billion in assets. Customers Bank Business Banking has agreed to pay BankMobile the difference between the regulated and unregulated interchange rates. For the three and nine months ended September 30, 2020, BankMobile received $3.2 million for the difference between the regulated and unregulated interchange rates.

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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 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 + Details
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