SUMMARY OF OPERATING RESULTS BY QUARTER

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

SUMMARY OF OPERATING RESULTS BY QUARTER

21. SUMMARY OF OPERATING RESULTS BY QUARTER (unaudited) (in thousands except per share data)

	Three Months Ended
2020	March 31			June 30		September 30		December 31
Interest income	$	211,411		$	192,769	$	197,017	$	207,292
Interest expense		37,470			14,540		12,633		12,617
Net interest income		173,941			178,229		184,384		194,675
Provision for credit losses		88,000			21,500		16,000		5,000
Noninterest income		98,424			120,456		112,996		228,290
Noninterest expense		188,619			208,533		197,995		226,858
Income tax (benefit) expense		(815	)		8,123		10,293		34,787
Net (loss) income from continuing operations	$	(3,439	)	$	60,529	$	73,092	$	156,320

2019	March 31		June 30		September 30		December 31
Interest income	$	211,307	$	216,662	$	219,103	$	215,820
Interest expense		47,439		50,248		50,843		43,457
Net interest income		163,868		166,414		168,260		172,363
Provision for loan losses		12,350		11,000		7,500		2,000
Noninterest income		107,382		105,398		103,635		110,355
Noninterest expense		190,626		193,387		191,397		203,450
Income tax expense		10,530		10,466		10,616		10,753
Net income from continuing operations	$	57,744	$	56,959	$	62,382	$	66,515

Per Share	Three Months Ended
2020	March 31			June 30		September 30		December 31
Net (loss) income from continuing operations - basic	$	(0.07	)	$	1.26	$	1.52	$	3.26
Net (loss) income from continuing operations - diluted		(0.07	)		1.26		1.52		3.24
Dividend		0.31			0.31		0.31		0.32
Book value		55.33			57.84		59.43		62.84

Per Share
2019	March 31		June 30		September 30		December 31
Net income from continuing operations - basic	$	1.19	$	1.17	$	1.28	$	1.36
Net income from continuing operations - diluted		1.18		1.16		1.27		1.35
Dividend		0.30		0.30		0.30		0.31
Book value		47.92		50.50		52.23		53.09