Revenue from contracts with
customers is recognized when,
or as, the performance
obligations are satisfied by
the Corporation by
transferring the promised services to the customers based on ASC 606 Revenue
from Contracts with Customers. Revenue streams
identified from contracts with customers, as
listed above, will have certain timing for
recognition based on the nature of
the contract
including when
the obligation is
satisfied and/or services
are rendered. Service
charges on
deposit accounts, debit
card fees,
and
credit card
fees are
recognized at
a point
in time,
upon the
occurrence of
an activity
or an
event. Interchange
fees on
debit and
credit
card
transactions
are
recognized upon
settlement
of
the
payment
transaction. For
more
details
over
nature
and
timing
of
revenue streams from contracts with customers refer to Note 31 on the
2025 Form 10-K for a complete description of the nature and
timing of revenue streams from contracts with customers.