QUARTERLY FINANCIAL DATA (unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL DATA (unaudited)

QUARTERLY FINANCIAL DATA (unaudited)

The following tables set forth certain consolidated quarterly financial information of the Company for 2019 and 2018.  During the third quarter of 2019, the Company recorded $65.2 million of pre-tax merger and conversion charges. During the second quarter of 2018, the Company recorded $18.4 million of pre-tax merger and conversion charges and $5.5 million of pre-tax executive retirement benefits.

	Three Months Ended
(dollars in thousands, except per share data)	December 31, 2019		September 30, 2019		June 30, 2019		March 31, 2019
Selected Income Statement Data
Interest income	$	194,076	$	188,361	$	129,028	$	124,929
Interest expense	38,725		39,592		27,377		25,534
Net interest income	155,351		148,769		101,651		99,395
Provision for loan losses	5,693		5,989		4,668		3,408
Net interest income after provision for loan losses	149,658		142,780		96,983		95,987
Noninterest income	55,113		76,993		35,236		30,771
Other noninterest expense	120,149		127,539		77,776		73,368
Merger and conversion charges	2,415		65,158		3,475		2,057
Income before income taxes	82,207		27,076		50,968		51,333
Income tax	20,959		5,692		12,064		11,428
Net income	$	61,248	$	21,384	$	38,904	$	39,905
Per Share Data
Net income – basic	$	0.88	$	0.31	$	0.82	$	0.84
Net income – diluted	0.88		0.31		0.82		0.84
Common dividends - cash	0.15		0.15		0.10		0.10

	Three Months Ended
(dollars in thousands, except per share data)	December 31, 2018		September 30, 2018		June 30, 2018		March 31, 2018
Selected Income Statement Data
Interest income	$	122,749	$	121,119	$	89,946	$	79,512
Interest expense	23,195		22,081		13,947		10,711
Net interest income	99,554		99,038		75,999		68,801
Provision for loan losses	3,661		2,095		9,110		1,801
Net interest income after provision for loan losses	95,893		96,943		66,889		67,000
Noninterest income	30,470		30,171		31,307		26,464
Other noninterest expense	74,813		72,077		67,995		58,263
Merger and conversion charges	997		276		18,391		835
Income before income taxes	50,553		54,761		11,810		34,366
Income tax	7,017		13,317		2,423		7,706
Net income	$	43,536	$	41,444	$	9,387	$	26,660
Per Share Data
Net income – basic	$	0.92	$	0.87	$	0.24	$	0.70
Net income – diluted	0.91		0.87		0.24		0.70
Common dividends - cash	0.10		0.10		0.10		0.10