| Disaggregation of Revenue |
Noninterest income disaggregated by major source, for the three and nine months ended September 30, 2019 and 2018, consisted of the following (dollars in thousands):
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Three Months Ended |
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Nine Months Ended |
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September 30, |
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September 30, |
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September 30, |
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September 30, |
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2019 |
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2018 |
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2019 |
|
2018 |
Noninterest income: |
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Deposit Service Charges (1): |
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Overdraft fees, net |
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$ |
6,021 |
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$ |
5,345 |
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$ |
17,847 |
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$ |
15,338 |
Maintenance fees & other |
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1,654 |
|
|
1,138 |
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|
4,484 |
|
|
3,228 |
Other service charges and fees (1) |
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|
1,513 |
|
|
1,625 |
|
|
4,879 |
|
|
4,137 |
Interchange fees, net (1) |
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|
2,108 |
|
|
4,882 |
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12,765 |
|
|
14,163 |
Fiduciary and asset management fees (1): |
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Trust asset management fees |
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2,661 |
|
|
1,321 |
|
|
5,977 |
|
|
4,102 |
Registered advisor management fees, net |
|
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2,219 |
|
|
2,110 |
|
|
7,919 |
|
|
4,435 |
Brokerage management fees, net |
|
|
1,202 |
|
|
980 |
|
|
2,938 |
|
|
2,970 |
Mortgage banking income, net |
|
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3,374 |
|
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— |
|
|
7,614 |
|
|
— |
Gains (losses) on securities transactions, net |
|
|
7,104 |
|
|
97 |
|
|
7,306 |
|
|
222 |
Bank owned life insurance income |
|
|
2,062 |
|
|
1,732 |
|
|
6,191 |
|
|
5,126 |
Loan-related interest rate swap fees, net |
|
|
5,480 |
|
|
562 |
|
|
10,656 |
|
|
2,178 |
Gain on Shore Premier sale |
|
|
— |
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(933) |
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— |
|
|
19,966 |
Other operating income (2) |
|
|
12,708 |
|
|
1,028 |
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|
15,045 |
|
|
4,887 |
Total noninterest income (3) |
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$ |
48,106 |
|
$ |
19,887 |
|
$ |
103,621 |
|
$ |
80,752 |
(1) Income within scope of Topic 606.
(2) Includes income within the scope of Topic 606 of $343,000 and $946,000 for the three months ended September 30, 2019 and 2018, respectively, and $2.2 million and $2.5 million for the nine months ended September 30, 2019 and 2018, respectively. The remaining balance is outside the scope of Topic 606 and includes $9.3 million from life insurance proceeds received during the three months ended September 30, 2019 related to a Xenith acquired loan that had been charged off prior to the Company’s acquisition of Xenith.
(3) Noninterest income for the discontinued mortgage segment is reported in Note 14 "Segment Reporting & Discontinued Operations."
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