Revenue Recognition
The following table presents revenue from contracts with customers within the scope of ASC 606 for the periods indicated:
Year Ended December 31,
($ in thousands)202520242023
Noninterest income in-scope of Topic 606
Service charges and fees on deposits:
Monthly service fees$120 $108 $107 
Account analysis fees889 949 951 
Non-sufficient funds charges428 385 328 
Other deposit related fees103 103 89 
Total service charges and fees on deposits1,540 1,545 1,475 
Debit card fees396 340 339 
Gain (loss) on sale of other real estate owned— 15 — 
Wire transfer fees699 626 625 
Other service charges264 248 211 
Total$2,899 $2,774 $2,650 

Historical Timeline

Fiscal YearFiled
2025Mar 16, 2026Showing above
2024Mar 13, 2025
2023Mar 12, 2024
2022Mar 9, 2023
2021Mar 4, 2022
2020Mar 11, 2021
2019Mar 9, 2020
2018Mar 18, 2019

About Revenue Disclosures

Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.

Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.