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Revenue from Contracts with Customers | 9 Months Ended
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Sep. 30, 2025
Revenue from Contract with Customer [Abstract] |
Revenue from Contracts with Customers | Revenue from Contracts with Customers We account for revenue in accordance with ASC Topic 606, Revenue from Contracts with Customers. We derive the majority of our revenue from financial instruments and their related contractual rights and obligations which for the most part are excluded from the scope of this topic. These sources of revenue that are excluded from the scope of this topic include interest income, net gains on mortgage loans, net losses o n securities AFS, mortgage loan servicing, net and bank owned life insurance and were approximat ely 88.2% and 88.3% of total revenues for the nine month periods ending September 30, 2025 and 2024, respectively. Material sources of revenue that are included in the scope of this topic include service charges on deposit accounts, other deposit related income, interchange income and investment and insurance commissions and are discussed in the following paragraphs. Generally these sources of revenue are earned at the time the service is delivered or over the course of a monthly period and do not result in any contract asset or liability balance at any given period end. As a result, there were no contract assets or liabilities recorded as of September 30, 2025 and December 31, 2024, respectively. Service charges on deposit accounts and other deposit related income: Revenues are earned on depository accounts for commercial and retail customers and include fees for transaction-based, account maintenance and overdraft services. Transaction-based fees, which includes services such as ATM use fees, stop payment charges and ACH fees are recognized at the time the transaction is executed as that is the time we fulfill our customer’s request. Account maintenance fees, which includes monthly maintenance services are earned over the course of a month representing the period over which the performance obligation is satisfied. Our obligation for overdraft services is satisfied at the time of the overdraft. Interchange income: Interchange income primarily includes debit card interchange and network revenues. Debit card interchange and network revenues are earned on debit card transactions conducted through payment networks such as MasterCard and Accel. Interchange income is recognized concurrently with the delivery of services on a daily basis. Interchange and network revenues are presented gross of interchange expenses, which are presented separately as a component of non-interest expense. Investment and insurance commissions: Investment and insurance commissions include fees and commissions from asset management, custody, recordkeeping, investment advisory and other services provided to our customers. Revenue is recognized on an accrual basis at the time the services are performed and generally based on either the market value of the assets managed or the services provided. We have an agent relationship with a third party provider of these services and net certain direct costs charged by the third party provider associated with providing these services to our customers. Net (gains) losses on other real estate and repossessed assets: We record a gain or loss from the sale of other real estate when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. If we were to finance the sale of other real estate to the buyer, we would assess whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction is probable. Once these criteria are met, the other real estate asset would be derecognized and the gain or loss on sale would be recorded upon the transfer of control of the property to the buyer. There were no other real estate properties sold during the nine month periods ending September 30, 2025 and 2024 that were financed by us.
Three months ending September 30, 2025 |  |  |  |  |  |  |  |  |
| Service Charges on Deposit Accounts |  | Other Deposit Related Income |  | Interchange Income |  | Investment and Insurance Commissions |  | Total
| (In thousands)
Retail |  |  |  |  |  |  |  |  |
Overdraft fees | $ | 2,333 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,333 |
Account service charges | 685 |  |  | — |  |  | — |  |  | — |  |  | 685 |
ATM fees | — |  |  | 413 |  |  | — |  |  | — |  |  | 413 |
Other | — |  |  | 153 |  |  | — |  |  | — |  |  | 153 |
Business |  |  |  |  |  |  |  |  |
Overdraft fees | 113 |  |  | — |  |  | — |  |  | — |  |  | 113 |
ATM fees | — |  |  | 13 |  |  | — |  |  | — |  |  | 13 |
Other | — |  |  | 113 |  |  | — |  |  | — |  |  | 113 |
Interchange income | — |  |  | — |  |  | 4,157 |  |  | — |  |  | 4,157 |
Asset management revenue | — |  |  | — |  |  | — |  |  | 413 |  |  | 413 |
Transaction based revenue | — |  |  | — |  |  | — |  |  | 527 |  |  | 527 |
Total | $ | 3,131 |  |  | $ | 692 |  |  | $ | 4,157 |  |  | $ | 940 |  |  | $ | 8,920 |
Reconciliation to interim Condensed Consolidated Statement of Operations: |  |  |  |  |  |  |  |  |
Non-interest income - other: |  |  |  |  |  |  |  |  |
Other deposit related income |  |  |  |  |  |  |  |  | $ | 692 |
Investment and insurance commissions |  |  |  |  |  |  |  |  | 940 |
Bank owned life insurance (1) |  |  |  |  |  |  |  |  | 288 |
Other (1) |  |  |  |  |  |  |  |  | 1,217 |
Total |  |  |  |  |  |  |  |  | $ | 3,137 |
(1)Excluded from the scope of ASC Topic 606.
Three months ending September 30, 2024 |  |  |  |  |  |  |  |
| Service Charges on Deposit Accounts |  | Other Deposit Related Income |  | Interchange Income |  | Investment and Insurance Commissions |  | Total
| (In thousands)
Retail |  |  |  |  |  |  |  |  |
Overdraft fees | $ | 2,378 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,378 |
Account service charges | 593 |  |  | — |  |  | — |  |  | — |  |  | 593 |
ATM fees | — |  |  | 430 |  |  | — |  |  | — |  |  | 430 |
Other | — |  |  | 167 |  |  | — |  |  | — |  |  | 167 |
Business |  |  |  |  |  |  |  |  |
Overdraft fees | 114 |  |  | — |  |  | — |  |  | — |  |  | 114 |
ATM fees | — |  |  | 13 |  |  | — |  |  | — |  |  | 13 |
Other | — |  |  | 114 |  |  | — |  |  | — |  |  | 114 |
Interchange income | — |  |  | — |  |  | 4,146 |  |  | — |  |  | 4,146 |
Asset management revenue | — |  |  | — |  |  | — |  |  | 458 |  |  | 458 |
Transaction based revenue | — |  |  | — |  |  | — |  |  | 423 |  |  | 423 |
Total | $ | 3,085 |  |  | $ | 724 |  |  | $ | 4,146 |  |  | $ | 881 |  |  | $ | 8,836 |
Reconciliation to interim Condensed Consolidated Statement of Operations: |  |  |  |  |  |
Non-interest income - other: |  |  |  |  |  |  |  |  |
Other deposit related income |  |  |  |  |  |  |  |  | $ | 724 |
Investment and insurance commissions |  |  |  |  |  |  |  | 881 |
Bank owned life insurance (1) |  |  |  |  |  |  |  |  | 197 |
Other (1) |  |  |  |  |  |  |  |  | 1,581 |
Total |  |  |  |  |  |  |  |  | $ | 3,383 |
(1)Excluded from the scope of ASC Topic 606.
| Service Charges on Deposit Accounts |  | Other Deposit Related Income |  | Interchange Income |  | Investment and Insurance Commissions |  | Total
Nine months ending September 30, 2025 | (In thousands)
Retail |  |  |  |  |  |  |  |  |
Overdraft fees | $ | 6,634 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 6,634 |
Account service charges | 1,951 |  |  | — |  |  | — |  |  | — |  |  | 1,951 |
ATM fees | — |  |  | 1,169 |  |  | — |  |  | — |  |  | 1,169 |
Other | — |  |  | 506 |  |  | — |  |  | — |  |  | 506 |
Business |  |  |  |  |  |  |  |  |
Overdraft fees | 341 |  |  | — |  |  | — |  |  | — |  |  | 341 |
ATM fees | — |  |  | 35 |  |  | — |  |  | — |  |  | 35 |
Other | — |  |  | 327 |  |  | — |  |  | — |  |  | 327 |
Interchange income | — |  |  | — |  |  | 10,674 |  |  | — |  |  | 10,674 |
Asset management revenue | — |  |  | — |  |  | — |  |  | 1,214 |  |  | 1,214 |
Transaction based revenue | — |  |  | — |  |  | — |  |  | 1,290 |  |  | 1,290 |
Total | $ | 8,926 |  |  | $ | 2,037 |  |  | $ | 10,674 |  |  | $ | 2,504 |  |  | $ | 24,141 |
Reconciliation to interim Condensed Consolidated Statement of Operations: |  |  |  |  |  |
Non-interest income - other: |  |  |  |  |  |  |  |  |
Other deposit related income |  |  |  |  |  |  |  |  | $ | 2,037 |
Investment and insurance commissions |  |  |  |  |  |  |  | 2,504 |
Bank owned life insurance (1) |  |  |  |  |  |  |  |  | 881 |
Other (1) |  |  |  |  |  |  |  |  | 3,683 |
Total |  |  |  |  |  |  |  |  | $ | 9,105 |
(1)Excluded from the scope of ASC Topic 606.
| Service Charges on Deposit Accounts |  | Other Deposit Related Income |  | Interchange Income |  | Investment and Insurance Commissions |  | Total
Nine months ending September 30, 2024 | (In thousands)
Retail |  |  |  |  |  |  |  |  |
Overdraft fees | $ | 6,788 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 6,788 |
Account service charges | 1,787 |  |  | — |  |  | — |  |  | — |  |  | 1,787 |
ATM fees | — |  |  | 1,225 |  |  | — |  |  | — |  |  | 1,225 |
Other | — |  |  | 603 |  |  | — |  |  | — |  |  | 603 |
Business |  |  |  |  |  |  |  |  |
Overdraft fees | 319 |  |  | — |  |  | — |  |  | — |  |  | 319 |
ATM fees | — |  |  | 37 |  |  | — |  |  | — |  |  | 37 |
Other | — |  |  | 327 |  |  | — |  |  | — |  |  | 327 |
Interchange income | — |  |  | — |  |  | 10,698 |  |  | — |  |  | 10,698 |
Asset management revenue | — |  |  | — |  |  | — |  |  | 1,448 |  |  | 1,448 |
Transaction based revenue | — |  |  | — |  |  | — |  |  | 1,075 |  |  | 1,075 |
Total | $ | 8,894 |  |  | $ | 2,192 |  |  | $ | 10,698 |  |  | $ | 2,523 |  |  | $ | 24,307 |
Reconciliation to interim Condensed Consolidated Statement of Operations: |  |  |  |  |  |
Non-interest income - other: |  |  |  |  |  |  |  |  |
Other deposit related income |  |  |  |  |  |  |  |  | $ | 2,192 |
Investment and insurance commissions |  |  |  |  |  |  |  | 2,523 |
Bank owned life insurance (1) |  |  |  |  |  |  |  |  | 566 |
Other (1) |  |  |  |  |  |  |  |  | 3,537 |
Total |  |  |  |  |  |  |  |  | $ | 8,818 |
(1)Excluded from the scope of ASC Topic 606.

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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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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