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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
The following tables are a summary of certain quarterly financial data for the years ended December 31, 2018, September 30, 2017 and 2016 and the three months ended December 31, 2017:
 
Quarters Ended December 31, 2018
 
March 31
 
June 30
 
September 30
 
December 31
 
(Dollars in thousands, except per share data)
 
 
 
 
 
 
 
 
Total interest income
$
51,791

 
$
55,019

 
$
57,695

 
$
61,785

Total interest expense
12,730

 
14,004

 
17,112

 
18,410

Net interest income
39,061

 
41,015

 
40,583

 
43,375

Provision for loan losses
2,000

 
2,400

 
1,500

 
777

Net interest income after provision for loan losses
37,061

 
38,615

 
39,083

 
42,598

Total non-interest income
4,543

 
5,450

 
5,290

 
6,405

Total non-interest expense
26,015

 
61,768

 
26,590

 
31,013

Income (loss) before income tax expense
15,589

 
(17,703
)
 
17,783

 
17,990

Income tax expense
3,805

 
(2,961
)
 
6,956

 
3,123

Net income (loss)
$
11,784

 
$
(14,742
)
 
$
10,827

 
$
14,867

Basic and diluted earnings per share
N/A

 
$
(0.13
)
 
$
0.10

 
$
0.13




































(15)    Selected Quarterly Financial Data (Unaudited) (continued)

 
Quarter Ended December 31,
 
2017
 
(In thousands)
 
 
Total interest income
$
49,169

Total interest expense
12,240

Net interest income
36,929

Provision for loan losses
3,400

Net interest income after provision for loan losses
33,529

Total non-interest income
4,733

Total non-interest expense
25,601

Income before income tax expense
12,661

Income tax expense
8,983

Net income
$
3,678

Basic and diluted earnings per share
N/A


 
Quarters Ended September 30, 2017
 
December 31
 
March 31
 
June 30
 
September 30
 
(Dollars in thousands, except per share data)
 
 
 
 
 
 
 
 
Total interest income
$
44,129

 
$
45,428

 
$
46,850

 
$
47,820

Total interest expense
10,724

 
10,651

 
11,211

 
11,860

Net interest income
33,405

 
34,777

 
35,639

 
35,960

Provision for loan losses

 
375

 
375

 
5,676

Net interest income after provision for loan losses
33,405

 
34,402

 
35,264

 
30,284

Total non-interest income
5,534

 
5,806

 
4,645

 
1,630

Total non-interest expense
24,078

 
24,903

 
24,703

 
30,206

Income before income tax expense
14,861

 
15,305

 
15,206

 
1,708

Income tax expense
4,868

 
5,012

 
5,934

 
194

Net income
$
9,993

 
$
10,293

 
$
9,272

 
$
1,514

Basic and diluted earnings per share
N/A

 
N/A

 
N/A

 
N/A
















(15)    Selected Quarterly Financial Data (Unaudited) (continued)

 
Quarters Ended September 30, 2016
 
December 31
 
March 31
 
June 30
 
September 30
 
(Dollars in thousands, except per share data)
 
 
 
 
 
 
 
 
Total interest income
$
41,616

 
$
41,929

 
$
42,421

 
$
43,011

Total interest expense
10,996

 
10,840

 
11,003

 
11,123

Net interest income
30,620

 
31,089

 
31,418

 
31,888

Provision for loan losses

 
417

 

 

Net interest income after provision for loan losses
30,620

 
30,672

 
31,418

 
31,888

Total non-interest income
4,537

 
4,738

 
4,525

 
4,702

Total non-interest expense
23,388

 
22,816

 
23,658

 
23,482

Income before income tax expense
11,769

 
12,594

 
12,285

 
13,108

Income tax expense
3,859

 
4,281

 
4,052

 
4,611

Net income
$
7,910

 
$
8,313

 
$
8,233

 
$
8,497

Basic and diluted earnings per share
N/A

 
N/A

 
N/A

 
N/A