Atlantic Union Bankshares Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

REVENUE (Tables)

6 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

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."