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Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue from Contracts with Customers

OREO – The Company currently does not have any OREO and has not in recent years. Net gains or losses would be recorded when other real estate is sold to a third party and substantially all of the consideration for the transfer of property is received.

-18-

For the Three Months

Ended March 31,

(In thousands)

2020

2019

Fee revenue and other income

In-scope of FASB ASC 606

Invoice processing fees

$

19,124

$

20,542

Invoice payment fees

6,379

5,915

Information services payment and processing revenue

25,503

26,457

Bank service fees

410

376

Fee revenue (in-scope of FASB ASC 606)

25,913

26,833

Other income (out-of-scope of FASB ASC 606)

1,182

180

Total fee revenue and other income

27,095

27,013

 

Net interest income after provision for loan losses (out-of-scope of  FASB ASC 606)1

11,048

11,357

Total net revenue

$

38,143

$

38,370

1

The Company earns interest income from the balances generated during the invoice processing and payment cycle and on deposit accounts, which is an integral component of the Company’s compensation; but, is out-of-scope of FASB ASC 606.