Quarterly Financial Data

12 Months Ended

Dec. 31, 2019

Selected Quarterly Financial Information [Abstract]

Quarterly Financial Information

Quarterly Financial Data (unaudited)

The tables below summarize our quarterly financial information:

	2019 Selected Quarterly Financial Data
(in thousands, except per share data)	Fourth		Third		Second		First
Interest income	$	337,757	$	355,101	$	346,893	$	325,561
Interest expense	89,372		102,933		103,340		89,947
Net interest income	248,385		252,168		243,553		235,614
Provision for credit losses	17,000		11,000		27,000		20,000
Net interest income after provision for credit losses	231,385		241,168		216,553		215,614
Non-interest income	17,761		20,301		24,364		30,014
Non-interest expense	158,690		149,370		141,561		140,378
Income before income taxes	90,456		112,099		99,356		105,250
Income tax expense	16,539		23,958		21,387		22,411
Net income	73,917		88,141		77,969		82,839
Preferred stock dividends	2,437		2,438		2,437		2,438
Net income available to common stockholders	$	71,480	$	85,703	$	75,532	$	80,401
Basic earnings per share:	$	1.42	$	1.70	$	1.50	$	1.60
Diluted earnings per share:	$	1.42	$	1.70	$	1.50	$	1.60

	2018 Selected Quarterly Financial Data
(in thousands, except per share data)	Fourth		Third		Second		First
Interest income	$	321,718	$	301,754	$	286,852	$	253,869
Interest expense	81,045		69,579		55,140		43,569
Net interest income	240,673		232,175		231,712		210,300
Provision for credit losses	35,000		13,000		27,000		12,000
Net interest income after provision for credit losses	205,673		219,175		204,712		198,300
Non-interest income	15,280		25,518		17,279		19,947
Non-interest expense	129,862		136,143		132,131		126,960
Income before income taxes	91,091		108,550		89,860		91,287
Income tax expense	19,200		22,998		18,424		19,342
Net income	71,891		85,552		71,436		71,945
Preferred stock dividends	2,437		2,438		2,437		2,438
Net income available to common stockholders	$	69,454	$	83,114	$	68,999	$	69,507
Basic earnings per share:	$	1.38	$	1.66	$	1.39	$	1.40
Diluted earnings per share:	$	1.38	$	1.65	$	1.38	$	1.38