Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (Unaudited)

Quarterly Financial Information (Unaudited)

($ and shares in thousands, except per share data)	2019 Quarters
	Fourth		Third		Second		First
Interest and dividend income	$	467,233	$	476,912	$	474,844	$	463,311
Interest expense	99,014		107,105		107,518		100,850
Net interest income before provision for credit losses	368,219		369,807		367,326		362,461
Provision for credit losses	18,577		38,284		19,245		22,579
Net interest income after provision for credit losses	349,642		331,523		348,081		339,882
Noninterest income	63,013		51,474		52,759		42,131
Noninterest expense	193,373		176,630		177,663		186,922
Income before income taxes	219,282		206,367		223,177		195,091
Income tax expense	31,067		34,951		72,797		31,067
Net income	$	188,215	$	171,416	$	150,380	$	164,024
EPS
- Basic	$	1.29	$	1.18	$	1.03	$	1.13
- Diluted	$	1.29	$	1.17	$	1.03	$	1.12
Weighted-average number of shares outstanding
- Basic	145,624		145,559		145,546		145,256
- Diluted	146,318		146,120		146,052		145,921

($ and shares in thousands, except per share data)	2018 Quarters
	Fourth		Third		Second		First
Interest and dividend income	$	457,334	$	422,185	$	400,311	$	371,873
Interest expense	87,918		73,465		58,632		45,180
Net interest income before provision for credit losses	369,416		348,720		341,679		326,693
Provision for credit losses	17,959		10,542		15,536		20,218
Net interest income after provision for credit losses	351,457		338,178		326,143		306,475
Noninterest income	41,695		46,502		48,268		74,444
Noninterest expense	188,097		179,815		177,419		169,135
Income before income taxes	205,055		204,865		196,992		211,784
Income tax expense	32,037		33,563		24,643		24,752
Net income	$	173,018	$	171,302	$	172,349	$	187,032
EPS
- Basic	$	1.19	$	1.18	$	1.19	$	1.29
- Diluted	$	1.18	$	1.17	$	1.18	$	1.28
Weighted-average number of shares outstanding
- Basic	144,960		144,921		144,899		144,664
- Diluted	146,133		146,173		146,091		145,939