| Revenue from Contracts with Customers |
Note 8 — Revenue from Contracts with Customers All of the Company’s revenue from contracts with customers in the scope of ASC 606 is recognized within noninterest income. The following table presents the Company’s gross sources of noninterest income for the three and nine months ended September 30, 2026 and 2025. | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | (In thousands) | | Service charges on deposit accounts | | | | | | | | | | | | | | Overdraft fees | | $ | 190 | | $ | 213 | | $ | 560 | | $ | 549 | | Other | | | 169 | | | 164 | | | 483 | | | 452 | | Trust income | | | 2,519 | | | 1,578 | | | 5,912 | | | 4,825 | | Investment advisory income | | | 1,461 | | | 1,957 | | | 4,555 | | | 5,547 | | Investment securities gains (losses) (a) | | | — | | | 159 | | | — | | | (568) | | Earnings on bank owned life insurance (a) | | | 197 | | | 190 | | | 584 | | | 683 | | Proceeds from bank owned life insurance (a) | | | — | | | 1,191 | | | — | | | 3,590 | | Gain on sale of assets(a) | | | — | | | — | | | — | | | 1,236 | | Valuation allowance on loans held-for-sale (a) | | | 281 | | | — | | | (4,480) | | | — | | Other(b) | | | 557 | | | 1,335 | | | 1,330 | | | 2,146 | | Total Noninterest Income | | $ | 5,374 | | $ | 6,787 | | $ | 8,944 | | $ | 18,460 | |
| (a) | Not within the scope of ASC 606. |
| (b) | The Other category includes safe deposit income, checkbook fees, and debit card fee income, totaling $302 and $290 for the three months ended September 30, 2026 and 2025, respectively, and $892 and $843 for the nine months ended September 30, 2026 and 2025 that are within the scope of ASC 606 and loan related fee income and miscellaneous income, totaling $255 and $1,045 for the three months ended September 30, 2026 and 2025, respectively, and $438 and $1,303 for the nine months ended September 30, 2026 and 2025 which are outside the scope of ASC 606. |
The Company earns wealth management fees, which includes trust income and investment advisory income, from its contracts with trust and brokerage customers to manage assets for investment, and/or to transact on their accounts. These fees are primarily earned over time as the Company provides the contracted services and are generally assessed based on a tiered scale of the market value of the assets under management at month-end or quarter-end.
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