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Revenue from Contracts with Customers (Tables)
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Noninterest Income by Revenue Stream and Reportable Segment, Net of Eliminations

All material revenue from contracts with customers in the scope of ASC 606 is recognized within noninterest income. The following table presents the Company’s noninterest income by revenue stream and reportable segment, net of eliminations, for the three months ended March 31, 2023 and 2022.

 

(In Thousands of Dollars)

 

Trust
Segment

 

 

Bank
Segment

 

 

Totals

 

For Three Months Ended March 31, 2023

 

 

 

 

 

 

 

 

 

Service charges on deposit accounts

 

$

0

 

 

$

1,432

 

 

$

1,432

 

Debit card and EFT fees

 

 

0

 

 

 

1,789

 

 

 

1,789

 

Trust fees

 

 

2,587

 

 

 

0

 

 

 

2,587

 

Insurance agency commissions

 

 

0

 

 

 

1,456

 

 

 

1,456

 

Retirement plan consulting fees

 

 

307

 

 

 

0

 

 

 

307

 

Investment commissions

 

 

0

 

 

 

393

 

 

 

393

 

Other (outside the scope of ASC 606)

 

 

0

 

 

 

2,461

 

 

 

2,461

 

Total noninterest income

 

$

2,894

 

 

$

7,531

 

 

$

10,425

 

 

 

(In Thousands of Dollars)

 

Trust
Segment

 

 

Bank
Segment

 

 

Totals

 

For Three Months Ended March 31, 2022

 

 

 

 

 

 

 

 

 

Service charges on deposit accounts

 

$

0

 

 

$

1,145

 

 

$

1,145

 

Debit card and EFT fees

 

 

0

 

 

 

1,416

 

 

 

1,416

 

Trust fees

 

 

2,519

 

 

 

0

 

 

 

2,519

 

Insurance agency commissions

 

 

0

 

 

 

1,047

 

 

 

1,047

 

Retirement plan consulting fees

 

 

397

 

 

 

0

 

 

 

397

 

Investment commissions

 

 

0

 

 

 

694

 

 

 

694

 

Other (outside the scope of ASC 606)

 

 

0

 

 

 

10,480

 

 

 

10,480

 

Total noninterest income

 

$

2,916

 

 

$

14,782

 

 

$

17,698