Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.10.0.1
REVENUE (Tables)
 9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Noninterest income disaggregated by major source, for the three and nine months ended September 30, 2018 and 2017, consisted of the following (dollars in thousands):
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2018
 
September 30, 2017
 
September 30, 2018
 
September 30, 2017
Noninterest income:
 
 
 
 
 
 
 
Deposit Service Charges (1):
 
 
 
 
 
 
 
   Overdraft fees, net
$
5,345

 
$
4,067

 
$
15,338

 
$
11,643

   Maintenance fees & other
1,138

 
728

 
3,228

 
2,281

Other service charges and fees (1)
1,625

 
1,131

 
4,137

 
3,391

Interchange fees, net (1)
4,882

 
3,756

 
14,163

 
11,205

Fiduciary and asset management fees (1):
 
 
 
 
 
 
 
   Trust asset management fees
1,321

 
1,290

 
4,102

 
3,815

   Registered advisor management fees, net
2,110

 
688

 
4,435

 
1,995

   Brokerage management fees, net
980

 
816

 
2,970

 
2,503

Gains (losses) on securities transactions, net
97

 
184

 
222

 
782

Bank owned life insurance income
1,732

 
1,377

 
5,126

 
4,837

Loan-related interest rate swap fees
562

 
416

 
2,178

 
2,627

Gain on Shore Premier sale (3)
(933
)
 
—

 
19,966

 
—

Other operating income (2)
1,028

 
777

 
4,887

 
2,226

Total noninterest income (4)
$
19,887

 
$
15,230

 
$
80,752

 
$
47,305


(1) Income within scope of Topic 606.
(2) Includes income within the scope of Topic 606 of $946,000 and $648,000 for the three months ended September 30, 2018 and 2017, respectively, and $2.5 million and $1.7 million for the nine months ended September 30, 2018 and 2017, respectively. The remaining balance is outside the scope of Topic 606.
(3) The initial estimated pre-tax gain recorded in the second quarter of 2018 for the Shore Premier sale was subsequently adjusted down in the third quarter by $933,000 due to updated information and wind-down costs incurred.
(4) Noninterest income for the discontinued mortgage segment is reported in Note 13, "Segment Reporting & Discontinued Operations."