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Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data
 
Quarters Ended 2018
 
March 31
 
June 30
 
September 30
 
December 31
 
(in thousands, except for share data)
Interest income
$
267,495

 
$
280,118

 
$
297,041

 
$
314,594

Interest expense
59,897

 
69,366

 
80,241

 
92,541

Net interest income
207,598

 
210,752

 
216,800

 
222,053

Provision for credit losses
10,948

 
7,142

 
6,552

 
7,859

Non-interest income:
 
 
 
 
 
 
 
Gains on sales of loans, net
6,753

 
7,642

 
3,748

 
2,372

Other non-interest income
25,498

 
30,427

 
25,290

 
32,322

Non-interest expense:
 
 
 
 
 
 
 
Amortization of tax credit investments
5,274

 
4,470

 
5,412

 
9,044

Other non-interest expense
168,478

 
145,446

 
146,269

 
144,668

Income before income taxes
55,149

 
91,763

 
87,605

 
95,176

Income tax expense
13,184

 
18,961

 
18,046

 
18,074

Net income
41,965

 
72,802

 
69,559

 
77,102

Dividend on preferred stock
3,172

 
3,172

 
3,172

 
3,172

Net income available to common shareholders
38,793

 
69,630

 
66,387

 
73,930

Earnings per common share:
 
 
 
 
 
 
 
Basic
$
0.12

 
$
0.21

 
$
0.20

 
$
0.22

Diluted
0.12

 
0.21

 
0.20

 
0.22

Cash dividends declared per common share
0.11

 
0.11

 
0.11

 
0.11

Weighted average number of common shares outstanding:
 
 
 
 
 
 
 
Basic
330,727,416

 
331,318,381

 
331,486,500

 
331,492,648

Diluted
332,465,527

 
332,895,483

 
333,000,242

 
332,856,385

 
 
Quarters Ended 2017
 
March 31
 
June 30
 
September 30
 
December 31
 
(in thousands, except for share data)
Interest income
$
198,455

 
$
207,007

 
$
210,741

 
$
217,951

Interest expense
36,587

 
42,187

 
46,796

 
48,537

Net interest income
161,868

 
164,820

 
163,945

 
169,414

Provision for credit losses
2,470

 
3,632

 
1,640

 
2,200

Non-interest income:
 
 
 
 
 
 
 
Gains on sales of loans, net
4,128

 
4,791

 
5,520

 
6,375

Other non-interest income
21,592

 
24,039

 
21,477

 
23,784

Non-interest expense:
 
 
 
 
 
 
 
Amortization of tax credit investments
5,324

 
7,732

 
8,389

 
20,302

Other non-interest expense
115,628

 
111,507

 
124,176

 
116,015

Income before income taxes
64,166

 
70,779

 
56,737

 
61,056

Income tax expense
18,071

 
20,714

 
17,088

 
34,958

Net income
46,095

 
50,065

 
39,649

 
26,098

Dividend on preferred stock
1,797

 
1,797

 
2,683

 
3,172

Net income available to common shareholders
44,298

 
48,268

 
36,966

 
22,926

Earnings per common share:
 
 
 
 
 
 
 
Basic
$
0.17

 
$
0.18

 
$
0.14

 
$
0.09

Diluted
0.17

 
0.18

 
0.14

 
0.09

Cash dividends declared per common share
0.11

 
0.11

 
0.11

 
0.11

Weighted average number of common shares outstanding:
 
 
 
 
 
 
 
Basic
263,797,024

 
263,958,292

 
264,058,174

 
264,332,895

Diluted
264,546,266

 
264,778,242

 
264,936,220

 
265,288,067