REVENUE FROM CONTRACTS WITH CUSTOMERS
The information presented in the following table presents the point of revenue recognition for revenue from contracts with customers. Other revenue streams are excluded such as: interest income, partnership investment income, net securities gains and losses, insurance, mortgage banking and other revenues that are accounted for under other GAAP.
Years ended December 31,
(dollars in thousands)202520242023
Revenue Streams(1)
Point of Revenue Recognition
Service charges on deposit accountsOver a period of time$1,637 $1,667 $1,659 
At a point in time14,796 14,606 14,534 
$16,433 $16,273 $16,193 
Debit and credit cardOver a period of time$1,520 $1,461 $1,288 
At a point in time16,783 16,802 16,960 
$18,303 $18,263 $18,248 
Wealth managementOver a period of time$5,226 $6,550 $7,969 
At a point in time7,221 5,709 4,217 
$12,447 $12,259 $12,186 
Other fee revenue(2)
At a point in time$1,170 $1,324 $1,310 
(1) Refer to Note 1. Summary of Significant Accounting Policies for the types of revenue streams that are included within each category.

Historical Timeline

Fiscal YearFiled
2025Feb 27, 2026Showing above
2024Mar 3, 2025
2023Feb 27, 2024
2022Feb 24, 2023
2021Feb 28, 2022
2020Mar 1, 2021
2019Mar 2, 2020
2018Feb 21, 2019
2016Feb 24, 2017

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.