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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Noninterest Income Disaggregated by Major Source

Noninterest income disaggregated by major source, for the years ended December 31, 2024 and 2023 consisted of the following:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

 

 

(in thousands)

 

Noninterest income:

 

 

 

 

 

 

Wealth management fees (1):

 

 

 

 

 

 

Trust asset management fees

 

$

4,333

 

 

$

3,871

 

Brokerage commissions

 

 

1,291

 

 

 

1,055

 

Service charges on deposit accounts (1):

 

 

 

 

 

 

Overdrawn account fees

 

 

1,500

 

 

 

1,399

 

Monthly and other service charges

 

 

436

 

 

 

411

 

Other service charges and fees:

 

 

 

 

 

 

Interchange fees (1)

 

 

3,402

 

 

 

449

 

ATM fees (1)

 

 

361

 

 

 

3,392

 

Other charges and fees (2)

 

 

416

 

 

 

572

 

Gain on the sale and disposal of bank premises and equipment (1)

 

 

3,863

 

 

 

14

 

Gain on the sale of marine finance assets

 

 

 

 

 

435

 

Gain on sale of loans

 

 

2,141

 

 

 

1,428

 

Small business investment company income

 

 

1,357

 

 

 

385

 

Bank owned life insurance income

 

 

1,981

 

 

 

713

 

Other operating income (3)

 

 

476

 

 

 

656

 

Total noninterest income

 

$

21,557

 

 

$

14,780

 

 

(1)
Income within the scope of Topic 606.
(2)
Includes income within the scope of Topic 606 of $440 thousand and $327 thousand for the years ended December 31, 2024 and 2023, respectively. The remaining balance is outside the scope of Topic 606.
(3)
Includes income within the scope of Topic 606 of $406 thousand and $393 thousand for the years ended December 31, 2024 and 2023, respectively. The remaining balance is outside the scope of Topic 606.