Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.19.2
REVENUE (Tables)
6 Months Ended
Jun. 30, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue

Noninterest income disaggregated by major source, for the three and six months ended June 30, 2019 and 2018, consisted of the following (dollars in thousands):

    

Three Months Ended

 

Six Months Ended

June 30, 

June 30, 

 

June 30, 

June 30, 

2019

2018

 

2019

2018

Noninterest income:

 

  

 

  

  

 

  

Deposit Service Charges (1):

 

  

 

  

  

 

  

Overdraft fees, net

$

6,045

$

5,173

$

11,827

$

9,992

Maintenance fees & other

 

1,454

 

1,016

 

2,829

 

2,091

Other service charges and fees (1)

 

1,702

 

1,278

 

3,367

 

2,512

Interchange fees, net (1)

 

5,612

 

4,792

 

10,656

 

9,280

Fiduciary and asset management fees (1):

 

 

 

 

Trust asset management fees

 

1,976

 

1,436

 

3,315

 

2,781

Registered advisor management fees, net

 

2,825

 

1,606

 

5,701

 

2,325

Brokerage management fees, net

 

897

 

998

 

1,736

 

1,990

Mortgage banking income, net

 

2,785

 

 

4,240

 

Gains (losses) on securities transactions, net

 

51

 

(88)

 

202

 

125

Bank owned life insurance income

 

2,075

 

1,728

 

4,129

 

3,395

Loan-related interest rate swap fees, net

 

3,716

 

898

 

5,176

 

1,617

Gain on Shore Premier sale

20,899

20,899

Other operating income (2)

 

1,440

 

861

 

2,337

 

3,858

Total noninterest income (3)

$

30,578

$

40,597

$

55,515

$

60,865

(1)   Income within scope of Topic 606.

(2)   Includes income within the scope of Topic 606 of $1.1 million and $874,000 for the three months ended June 30, 2019 and 2018, respectively, and $1.9 million and $1.6 million for the six months ended June 30, 2019 and 2018, respectively. The remaining balance is outside the scope of Topic 606.

(3)   Noninterest income for the discontinued mortgage segment is reported in Note 14 "Segment Reporting & Discontinued Operations."