Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

The following tables are a condensed summary of certain quarterly results of operation for the years ended December 31, 2019 and 2018, September 30, 2017, and the three months ended December 31, 2017:

	Quarters Ended December 31, 2019
	March 31		June 30		September 30		December 31
	(Dollars in thousands, except share and per share data)
Total interest income	$	62,887	$	62,732	$	64,438	$	71,026
Total interest expense	20,503		21,889		22,722		23,598
Net interest income	42,384		40,843		41,716		47,428
Provision for loan losses	436		112		1,157		2,519
Net interest income after provision for loan losses	41,948		40,731		40,559		44,909
Total non-interest income	6,037		6,775		10,115		8,709
Total non-interest expense	29,559		31,841		31,064		36,237
Income before income tax expense	18,426		15,665		19,610		17,381
Income tax expense	3,507		3,634		5,392		3,832
Net income	$	14,919	$	12,031	$	14,218	$	13,549
Earnings per share - basic and diluted	$	0.13	$	0.11	$	0.13	$	0.12
Weighted average shares outstanding - basic and diluted	111,536,577		111,553,203		111,371,754		109,958,999

	Quarters Ended December 31, 2018
	March 31		June 30			September 30		December 31
	(Dollars in thousands, except share and 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
Earnings per share - basic and diluted	N/A		$	(0.13	)	$	0.10	$	0.13
Weighted average shares outstanding - basic and diluted	N/A		111,360,278			111,389,951		111,423,361

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

	Quarter Ended December 31,
	2017
	Dollars in thousands, except per share data)
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
Earnings per share - basic and diluted	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
Earnings per share - basic and diluted	N/A		N/A		N/A		N/A