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Selected Quarterly Consolidated Financial Information
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Consolidated Financial Information (Unaudited)
Selected Quarterly Consolidated Financial Information (Unaudited)
 
  
2013
(In thousands, except per share data)
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Interest income
$
170,083

 
$
170,093

 
$
171,753

 
$
175,711

Interest expense
24,287

 
23,032

 
21,766

 
21,827

Net interest income
145,796

 
147,061

 
149,987

 
153,884

Provision for loan and lease losses
7,500

 
8,500

 
8,500

 
9,000

Net gain on sale of investment securities
106

 
333

 
269

 
4

Other non-interest income
48,172

 
51,918

 
45,988

 
44,260

Non-interest expense
125,535

 
123,604

 
122,281

 
126,639

Income before income tax expense
61,039

 
67,208

 
65,463

 
62,509

Income tax expense
18,922

 
20,835

 
18,158

 
18,755

Net income
42,117

 
46,373

 
47,305

 
43,754

Preferred stock dividends
(2,886
)
 
(2,639
)
 
(2,639
)
 
(2,639
)
Net income available to common shareholders
$
39,231

 
$
43,734

 
$
44,666

 
$
41,115

Net income per common share:
 
 
 
 
 
 
 
Basic - Net income available to common shareholders
$
0.46

 
$
0.49

 
$
0.50

 
$
0.46

Diluted - Net income available to common shareholders
0.44

 
0.48

 
0.49

 
0.45

 
  
2012
(In thousands, except per share data)
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Interest income
$
174,107

 
$
174,633

 
$
172,216

 
$
172,546

Interest expense
30,739

 
30,255

 
27,326

 
26,274

Net interest income
143,368

 
144,378

 
144,890

 
146,272

Provision for loan and lease losses
4,000

 
5,000

 
5,000

 
7,500

Net gain on sale of investment securities

 
2,537

 
810

 

Other non-interest income
43,986

 
44,816

 
47,669

 
52,940

Non-interest expense
127,813

 
127,179

 
123,887

 
122,925

Income before income tax expense
55,541

 
59,552

 
64,482

 
68,787

Income tax expense
16,603

 
18,312

 
19,489

 
20,261

Net income
38,938

 
41,240

 
44,993

 
48,526

Preferred stock dividends
(615
)
 
(615
)
 
(615
)
 
(615
)
Net income available to common shareholders
$
38,323

 
$
40,625

 
$
44,378

 
$
47,911

Net income per common share:
 
 
 
 
 
 
 
Basic - Net income available to common shareholders
$
0.44

 
$
0.46

 
$
0.51

 
$
0.55

Diluted - Net income available to common shareholders
0.42

 
0.44

 
0.48

 
0.52