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Selected Quarterly Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Information
The following tables present selected quarterly financial data for 2018 and 2017:
 
2018 (1)
(In thousands, except per share data)
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Revenues
 
 
 
 
 
 
 
Net interest income
$
59,997

 
$
59,641

 
$
57,545

 
$
57,383

Fees and other income
45,845

 
32,314

 
32,095

 
39,743

Total revenues
105,842

 
91,955

 
89,640

 
97,126

Provision/ (credit) for loan losses
93

 
(949
)
 
453

 
(1,795
)
Operating expense
63,557

 
68,557

 
64,384

 
70,857

Income before income taxes
42,192

 
24,347

 
24,803

 
28,064

Income tax expense
8,651

 
5,461

 
17,399

 
6,026

Net income/ (loss) from discontinued operations
306

 

 
(2
)
 
1,698

Less: Net income attributable to noncontrolling interests
545

 
924

 
968

 
1,050

Net income attributable to the Company
$
33,302

 
$
17,962

 
$
6,434

 
$
22,686

Net earnings per share attributable to the Company’s common shareholders:
 
 
 
 
 
 
 
Basic earnings per share (2)
$
0.43

 
$
0.20

 
$
0.03

 
$
0.27

Diluted earnings per share (2)
$
0.42

 
$
0.20

 
$
0.03

 
$
0.27

 
2017 (1)
(In thousands, except per share data)
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Revenues
 
 
 
 
 
 
 
Net interest income
$
57,272

 
$
56,627

 
$
57,145

 
$
53,642

Fees and other income
39,175

 
40,267

 
38,018

 
36,506

Total revenues
96,447


96,894


95,163


90,148

Provision/ (credit) for loan losses
(942
)
 
(432
)
 
(6,114
)
 
(181
)
Operating expense
93,989

 
69,346

 
67,821

 
68,780

Income before income taxes
3,400


27,980


33,456


21,549

Income tax expense
21,391

 
8,289

 
9,963

 
6,553

Net income from discontinued operations
989

 
1,186

 
1,063

 
1,632

Less: Net income attributable to noncontrolling interests
1,278

 
1,074

 
1,150

 
966

Net income/ (loss) attributable to the Company
$
(18,280
)

$
19,803


$
23,406


$
15,662

Net earnings per share attributable to the Company’s common shareholders:
 
 
 
 
 
 
 
Basic earnings/ (loss) per share (2)
$
(0.24
)
 
$
0.23

 
$
0.28

 
$
0.18

Diluted earnings/ (loss) per share (2)
$
(0.24
)
 
$
0.22

 
$
0.27

 
$
0.17

___________________
(1)
Due to rounding, the sum of the four quarters may not add to the year to date total.
(2)
Includes the effect of adjustments to net income attributable to the Company to arrive at net income attributable to common shareholders.