Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

Quarterly Results of Operations (Unaudited)

The following is a summary of selected financial data presented below by quarter for the periods indicated:

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(dollars in thousands, except per share data)
For the year ended December 31, 2019:
Interest income	$	131,243	$	132,414	$	132,604	$	129,846
Interest expense	19,837		21,773		20,269		16,927
Provision for credit losses	1,526		334		1,562		2,297
Noninterest income	7,681		6,324		11,430		9,801
Noninterest expense	63,577		63,936		65,336		66,216
Income tax provision	15,266		14,168		15,492		13,109
Net income	$	38,718	$	38,527	$	41,375	$	41,098
Earnings per share:
Basic	$	0.62	$	0.62	$	0.69	$	0.69
Diluted	0.62		0.62		0.69		0.69
For the year ended December 31, 2018:
Interest income	$	90,827	$	92,699	$	128,876	$	136,021
Interest expense	9,546		11,528		16,163		18,475
Provision for credit losses	2,253		1,761		1,981		2,258
Noninterest income	7,666		8,151		8,240		6,970
Noninterest expense	49,808		50,076		82,782		67,239
Income tax provision	8,884		10,182		7,798		15,376
Net income	$	28,002	$	27,303	$	28,392	$	39,643
Earnings per share:
Basic	$	0.61	$	0.59	$	0.46	$	0.64
Diluted	0.60		0.58		0.46		0.63