Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following table sets forth certain quarterly results for the years ended December 31, 2019 and 2018:

	2019								2018
	First		Second		Third		Fourth		First		Second		Third		Fourth
Interest income	$	108,813	$	112,639	$	118,132	$	125,821	$	93,620	$	100,871	$	104,800	$	108,653
Interest expense	23,947		27,361		29,200		28,237		13,704		16,300		18,314		20,769
Net interest income	84,866		85,278		88,932		97,584		79,916		84,571		86,486		87,884
Provision for loan losses	1,200		500		600		500		2,500		1,663		1,400		1,664
Net interest income after provision for loan losses	83,666		84,778		88,332		97,084		77,416		82,908		85,086		86,220
Non-interest income	18,713		21,614		22,116		24,245		19,561		18,191		19,527		19,180
Non-interest expense	56,621		57,587		67,354		65,201		53,687		53,504		55,022		57,738
Income before income tax expense	45,758		48,805		43,094		56,128		43,290		47,595		49,591		47,662
Income tax expense	6,941		7,749		6,337		8,298		6,611		7,961		8,478		5,949
Net income available to common stockholders	$	38,817	$	41,056	$	36,757	$	47,830	$	36,679	$	39,634	$	41,113	$	41,713
Basic EPS	$	0.79	$	0.83	$	0.71	$	0.87	$	0.75	$	0.80	$	0.83	$	0.85
Diluted EPS	$	0.78	$	0.83	$	0.71	$	0.87	$	0.74	$	0.80	$	0.83	$	0.85
Average Shares Outstanding:
Basic	49,369,024		49,432,167		51,433,227		55,348,176		49,192,647		49,252,580		49,286,945		49,314,276
Diluted	49,540,844		49,549,887		51,569,557		55,519,953		49,427,972		49,451,406		49,492,019		49,511,233