Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2020

The following table sets forth certain quarterly results for the years ended December 31, 2020 and 2019:


	2020								2019
	First		Second		Third		Fourth		First		Second		Third		Fourth
Interest income	$	119,807	$	109,252	$	106,225	$	113,224	$	108,813	$	112,639	$	118,132	$	125,821
Interest expense	25,930		16,234		13,304		10,913		23,947		27,361		29,200		28,237
Net interest income	93,877		93,018		92,921		102,311		84,866		85,278		88,932		97,584
Provision for loan losses	19,752		21,895		12,544		4,482		1,200		500		600		500
Net interest income after provision for loan losses	74,125		71,123		80,377		97,829		83,666		84,778		88,332		97,084
Non-interest income	29,799		26,481		26,163		27,483		18,713		21,614		22,116		24,245
Non-interest expense	66,171		59,989		64,709		72,536		56,621		57,587		67,354		65,201
Income before income tax expense	37,753		37,615		41,831		52,776		45,758		48,805		43,094		56,128
Income tax expense	3,490		4,623		5,621		7,641		6,941		7,749		6,337		8,298
Net income available to common stockholders	$	34,263	$	32,992	$	36,210	$	45,135	$	38,817	$	41,056	$	36,757	$	47,830

Basic EPS	$	0.63	$	0.62	$	0.67	$	0.83	$	0.79	$	0.83	$	0.71	$	0.87
Diluted EPS	$	0.62	$	0.62	$	0.67	$	0.83	$	0.78	$	0.83	$	0.71	$	0.87
Average Shares Outstanding:
Basic	54,732,073		53,762,913		53,843,508		53,899,501		49,369,024		49,432,167		51,433,227		55,348,176
Diluted	54,917,760		53,942,567		53,970,598		54,049,574		49,540,844		49,549,887		51,569,557		55,519,953