Non-Interest Revenues (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

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.