XML 73 R57.htm IDEA: XBRL DOCUMENT
v3.20.4

Non-Interest Revenues (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following tables present Customers' non-interest revenues affected by ASC 606 by business segment for the years ended December 31, 2020, 2019, and 2018:
| For the Year Ended December 31, 2020
(amounts in thousands) | Customers Bank Business Banking |  | BankMobile |  | Consolidated
Revenue from contracts with customers: |  |  |  |  |
Revenue recognized at point in time: |  |  |  |  |
Interchange and card revenue (1) | $ | (5,245) |  |  | $ | 26,284 |  |  | $ | 21,039 |
Deposit fees | 2,527 |  |  | 11,308 |  |  | 13,835 |
University fees - card and disbursement fees | — |  |  | 1,240 |  |  | 1,240 |
Total revenue recognized at point in time | (2,718) |  |  | 38,832 |  |  | 36,114 |
Revenue recognized over time: |  |  |  |  |
University fees - subscription revenue | — |  |  | 4,080 |  |  | 4,080 |
Total revenue recognized over time | — |  |  | 4,080 |  |  | 4,080 |
Total revenue from contracts with customers | $ | (2,718) |  |  | $ | 42,912 |  |  | $ | 40,194 |
(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 year ended December 31, 2020, BankMobile received $5.9 million for the difference between the regulated and unregulated interchange rates.
| For the Year Ended December 31, 2019
(amounts in thousands) | Customers Bank Business Banking |  | BankMobile |  | Consolidated
Revenue from contracts with customers: |  |  |  |  |
Revenue recognized at point in time: |  |  |  |  |
Interchange and card revenue | $ | 781 |  |  | $ | 28,160 |  |  | $ | 28,941 |
Deposit fees | 1,742 |  |  | 11,073 |  |  | 12,815 |
University fees - card and disbursement fees | — |  |  | 1,008 |  |  | 1,008 |
Total revenue recognized at point in time | 2,523 |  |  | 40,241 |  |  | 42,764 |
Revenue recognized over time: |  |  |  |  |
University fees - subscription revenue | — |  |  | 3,956 |  |  | 3,956 |
Total revenue recognized over time | — |  |  | 3,956 |  |  | 3,956 |
Total revenue from contracts with customers | $ | 2,523 |  |  | $ | 44,197 |  |  | $ | 46,720 |
| For the Year Ended December 31, 2018
(amounts in thousands) | Customers Bank Business Banking |  | BankMobile |  | Consolidated
Revenue from contracts with customers: |  |  |  |  |
Revenue recognized at point in time: |  |  |  |  |
Interchange and card revenue | $ | 794 |  |  | $ | 29,901 |  |  | $ | 30,695 |
Deposit fees | 1,277 |  |  | 6,547 |  |  | 7,824 |
University fees - card and disbursement fees | — |  |  | 1,039 |  |  | 1,039 |
Total revenue recognized at point in time | 2,071 |  |  | 37,487 |  |  | 39,558 |
Revenue recognized over time: |  |  |  |  |
University fees - subscription revenue | — |  |  | 3,681 |  |  | 3,681 |
Total revenue recognized over time | — |  |  | 3,681 |  |  | 3,681 |
Total revenue from contracts with customers | $ | 2,071 |  |  | $ | 41,168 |  |  | $ | 43,239 |

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration