v3.26.1
REVENUE RECOGNITION
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION

NOTE 14 – REVENUE RECOGNITION

 

The majority of the Company’s revenues come from interest income on financial instruments, including loans, leases, securities and derivatives, which are outside the scope of ASC 606. The Company’s services that fall within the scope of ASC 606 are presented with non-interest income and are recognized as revenue as the Company satisfies its obligation to the customer. Services within the scope of ASC 606 include service charges and fees on deposits, debit card income, investment referral income, insurance sales commissions and other non-interest income related to loans and deposits.

Except for gains or losses from the sale of other real estate owned, all of the Company’s revenue from contracts with customers within the scope of ASC 606 are recognized in non-interest income. The following table presents the Company’s sources of non-interest income for the three months ended March 31, 2026, and 2025.

 

 

Three Months Ended

 

 

 

March 31, 2026

 

 

March 31, 2025

 

Non-interest income

 

 

 

 

 

 

Service charges and fees

 

$

2,493

 

 

$

2,064

 

Debit card income

 

 

3,117

 

 

 

2,504

 

Mortgage banking(a)

 

 

348

 

 

 

106

 

Increase in bank-owned life insurance(a)

 

 

1,398

 

 

 

3,593

 

Net gain (loss) from securities transactions(a)

 

 

(108

)

 

 

12

 

Other

 

 

 

 

 

 

Investment referral income

 

 

148

 

 

 

118

 

Trust income

 

 

542

 

 

 

457

 

Insurance sales commissions

 

 

212

 

 

 

37

 

Recovery on zero-basis purchased loans(a)

 

 

1

 

 

 

2

 

Income (loss) from equity method investments(a)

 

 

—

 

 

 

—

 

Other non-interest income related to loans
    and deposits

 

 

1,171

 

 

 

1,371

 

Other non-interest income not related to
    loans and deposits(a)

 

 

165

 

 

 

66

 

Total other non-interest income

 

 

2,239

 

 

 

2,051

 

Total

 

$

9,487

 

 

$

10,330

 

(a) Not within the scope of ASC 606.