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Revenue from Contracts with Customers (Tables) | 12 Months Ended
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Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
Summary of Noninterest Income by Revenue Stream | The following table presents the Company’s noninterest income by revenue stream for the years ended December 31:
| 2022 |  | 2021
| (dollars in thousands)
Deposit service charges and fees |  |  |
Interchange income | $ | 2,055 |  |  | $ | 1,959 |
Merchant service fees | 508 |  |  | 568 |
Overdraft fees | 310 |  |  | 316 |
Other | 931 |  |  | 855 |
Loan referral fees | 810 |  |  | 2,126 |
Mortgage broker fees | 257 |  |  | 920 |
BaaS program income (1) | 12,934 |  |  | 6,716 |
Other income (2) | 346 |  |  | 393 |
Total noninterest income subject to Topic 606 | 18,151 |  |  | 13,853 |
BaaS enhancements / guarantees (1) | 105,945 |  |  | 10,591 |
Gain (loss) on equity investment | (153) |  |  | 1,469 |
Gain on sale of branch | — |  |  | 1,263 |
Gain on sale of loans, net | — |  |  | 396 |
Loan servicing fees | 223 |  |  | 248 |
Earnings on life insurance | 361 |  |  | 172 |
Lease and sublease income | 157 |  |  | 126 |
Total noninterest income not subject to Topic 606 | 106,533 |  |  | 14,265 |
Total noninterest income | $ | 124,684 |  |  | $ | 28,118 |
(1)See description below for detailed components of BaaS fees and related Topic 606 applicability. (2)Includes the following immaterial income streams that are within the scope of Topic 606: wire transfer fees, annuity fees, and brokerage fees. The following tables presents the BaaS fees that are within and not within the scope of Topic 606:
|  | Year Ended December 31, |  | Increase (Decrease)
(dollars in thousands) |  | 2022 |  | 2021 |
Program income - within the scope of Topic 606 |  |  |  |  |  |
Servicing and other BaaS fees |  | $ | 4,408 |  |  | $ | 4,467 |  |  | $ | (59) |
Transaction |  | 3,211 |  |  | 544 |  |  | 2,667 |
Interchange |  | 2,583 |  |  | 701 |  |  | 1,882 |
Reimbursement of expenses |  | 2,732 |  |  | 1,004 |  |  | 1,728 |
Total BaaS program income |  | 12,934 |  |  | 6,716 |  |  | 6,218 |
Guarantees - not within the scope of Topic 606: |  |  |  |  |  |
BaaS credit enhancement |  | 76,374 |  |  | 9,086 |  |  | 67,288 |
BaaS fraud enhancement |  | 29,571 |  |  | 1,505 |  |  | 28,066 |
Total BaaS enhancements / guarantees |  | 105,945 |  |  | 10,591 |  |  | 95,354 |
Total BaaS fees |  | $ | 118,879 |  |  | $ | 17,307 |  |  | $ | 101,572 |

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- 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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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