XML 27 R16.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Note 9 - Revenue From Contracts With Customers | 9 Months Ended
--- | ---
Sep. 30, 2018
Notes to Financial Statements |
Revenue from Contract with Customer [Text Block] |
9. | Revenue from Contracts with Customers
As of January 1, 2018, the Company adopted Accounting Standards Update (“ASU”) No. 2014 - 09, Revenue from Contracts with Customers (Topic 606 ), using the modified retrospective approach. The adoption of the ASU had no material impact on the measurement or recognition of revenue; however, additional disclosures have been added in accordance with the ASU. See Note 10 for additional information on this new accounting standard. All of the Company’s revenue from contracts with customers in the scope of FASB ASC 606 is recognized within noninterest income. The following table presents the Company’s sources of noninterest income for the three and nine months ended September 30, 2018 and 2017:
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
|  | 2018 |  | 2017 |  | 2018 |  | 2017
|  | (In thousands)
Service charges on deposit accounts |  | $ | 1,198 |  |  | $ | 1,155 |  |  | $ | 3,495 |  |  | $ | 3,288 |
Investment advisory income |  |  | 84 |  |  |  | 106 |  |  |  | 302 |  |  |  | 351 |
Other |  |  | 10 |  |  |  | 9 |  |  |  | 31 |  |  |  | 29 |
Revenue from contracts with customers |  |  | 1,292 |  |  |  | 1,270 |  |  |  | 3,828 |  |  |  | 3,668 |
Gain on sale of loans and securities |  |  | 320 |  |  |  | 410 |  |  |  | 755 |  |  |  | 1,082 |
Increase in cash value of life insurance |  |  | 51 |  |  |  | 41 |  |  |  | 179 |  |  |  | 154 |
Other |  |  | 35 |  |  |  | 27 |  |  |  | 198 |  |  |  | 153 |
Other noninterest income |  |  | 406 |  |  |  | 478 |  |  |  | 1,132 |  |  |  | 1,389 |
Total noninterest income |  | $ | 1,698 |  |  | $ | 1,748 |  |  | $ | 4,960 |  |  | $ | 5,057 |
A description of the Company’s revenue streams accounted for under FASB ASC 606 follows: Service Charges on Deposit Accounts : The Company earns fees from its deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which include services such as ATM use fees, stop payment charges, statement rendering, and ACH fees, are recognized at the time the transaction is executed as that is the point in time the Company fulfills the customer's request. Account maintenance fees, which relate primarily to monthly maintenance, are earned over the course of a month, representing the period over which the Company satisfies the performance obligation. Overdraft fees are recognized at the point in time that the overdraft occurs. Service charges on deposits are withdrawn from the customer's account balance. Interchange Income : The Company earns interchange fees from debit cardholder transactions conducted through a payment network. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing services provided to the cardholder. Interchange income is included in service charges on deposit accounts. Investment Advisory Income : The Company earns trust, insurance commissions, brokerage commissions and annuities income from its contracts with trust customers to manage assets for investment, and/or to transact on their accounts. These fees are primarily earned over time as the Company provides the contracted monthly or quarterly services and are generally assessed based on a tiered scale of the market value of assets under management (AUM) at month-end. Fees that are transaction based, including trade execution services, are recognized at the point in time that the transaction is executed (i.e., the trade date). Other related fees, which are based on a fixed fee schedule, are recognized when the services are rendered.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration