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Quarterly Financial Summary (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Information
The following is a summary of quarterly financial information for the years ended December 31, 2018 and 2017:
 
 
 
2018 Quarters
 
2017 Quarters
(In thousands, except per share data)  
 
First
 
Second
 
Third
 
Fourth
 
First
 
Second
 
Third
 
Fourth
Interest income
 
$
261,205

 
284,047

 
304,962

 
320,596

 
$
215,759

 
231,181

 
247,688

 
251,840

Interest expense
 
36,123

 
45,877

 
57,399

 
66,508

 
23,179

 
26,772

 
31,700

 
32,741

Net interest income
 
225,082

 
238,170

 
247,563

 
254,088

 
192,580

 
204,409

 
215,988

 
219,099

Provision for credit losses
 
8,346

 
5,043

 
11,042

 
10,401

 
5,209

 
8,891

 
7,896

 
7,772

Net interest income after provision for credit losses
 
216,736

 
233,127

 
236,521

 
243,687

 
187,371

 
195,518

 
208,092

 
211,327

Non-interest income, excluding net securities gains (losses)
 
86,030

 
95,221

 
99,840

 
77,957

 
68,820

 
89,925

 
79,692

 
81,024

(Losses) gains on investment securities, net
 
(351
)
 
12

 
90

 
(2,649
)
 
(55
)
 
47

 
39

 
14

Non-interest expense
 
194,349

 
206,769

 
213,637

 
211,333

 
168,118

 
183,544

 
183,575

 
196,580

Income before taxes
 
108,066

 
121,591

 
122,814

 
107,662

 
88,018

 
101,946

 
104,248

 
95,785

Income tax expense
 
26,085

 
32,011

 
30,866

 
28,005

 
29,640

 
37,049

 
38,622

 
27,004

Net income
 
$
81,981

 
89,580

 
91,948

 
79,657

 
$
58,378

 
64,897

 
65,626

 
68,781

Preferred stock dividends
 
2,050

 
2,050

 
2,050

 
2,050

 
3,628

 
2,050

 
2,050

 
2,050

Net income applicable to common shares
 
$
79,931

 
87,530

 
89,898

 
77,607

 
$
54,750

 
62,847

 
63,576

 
66,731

Net income per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
1.42

 
$
1.55

 
$
1.59

 
$
1.38

 
$
1.05

 
$
1.15

 
$
1.14

 
$
1.19

Diluted
 
1.40

 
1.53

 
1.57

 
1.35

 
1.00

 
1.11

 
1.12

 
1.17

Cash dividends declared per common share
 
0.19

 
0.19

 
0.19

 
0.19

 
0.14

 
0.14

 
0.14

 
0.14