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Unaudited Quarterly Financial Data
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Financial Data
Unaudited Quarterly Financial Data
Our supplemental consolidated financial information for each three month period in 2019 and 2018 are as follows:
 
 
 Three months ended
(Dollars in thousands, except per share amounts)
 
March 31,
 
June 30,
 
September 30,
 
December 31,
2019:
 
 
 
 
 
 
 
 
Interest income
 
$
551,014

 
$
585,767

 
$
583,892

 
$
588,735

Interest expense
 
38,128

 
56,364

 
63,248

 
55,067

Net interest income
 
512,886

 
529,403

 
520,644

 
533,668

Provision for credit losses
 
28,551

 
23,946

 
36,536

 
17,383

Noninterest income
 
280,376

 
333,750

 
294,009

 
313,344

Noninterest expense
 
365,664

 
383,522

 
391,324

 
460,752

Income before income tax expense
 
399,047

 
455,685

 
386,793

 
368,877

Income tax expense
 
107,435

 
119,114

 
105,075

 
94,061

Net income before noncontrolling interests
 
291,612

 
336,571

 
281,718

 
274,816

Net income attributable to noncontrolling interests
 
(2,880
)
 
(18,584
)
 
(14,437
)
 
(11,960
)
Net income available to common stockholders
 
$
288,732

 
$
317,987

 
$
267,281

 
$
262,856

Earnings per common share—basic
 
$
5.49

 
$
6.12

 
$
5.19

 
$
5.10

Earnings per common share—diluted
 
5.44

 
6.08

 
5.15

 
5.06

2018:
 
 
 
 
 
 
 
 
Interest income
 
$
432,398

 
$
481,301

 
$
513,313

 
$
542,897

Interest expense
 
12,535

 
14,858

 
20,091

 
28,437

Net interest income
 
419,863

 
466,443

 
493,222

 
514,460

Provision for credit losses
 
27,972

 
29,080

 
17,174

 
13,644

Noninterest income
 
155,518

 
192,689

 
210,070

 
186,707

Noninterest expense
 
265,417

 
305,739

 
309,445

 
307,592

Income before income tax expense
 
281,992

 
324,313

 
376,673

 
379,931

Income tax expense
 
73,966

 
77,287

 
95,308

 
105,000

Net income before noncontrolling interests
 
208,026

 
247,026

 
281,365

 
274,931

Net income attributable to noncontrolling interests
 
(13,065
)
 
(9,228
)
 
(6,548
)
 
(8,667
)
Net income available to common stockholders
 
$
194,961

 
$
237,798

 
$
274,817

 
$
266,264

Earnings per common share—basic
 
$
3.69

 
$
4.48

 
$
5.16

 
$
5.01

Earnings per common share—diluted
 
3.63

 
4.42

 
5.10

 
4.96