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Quarterly Financial Summary (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Information
The following is a summary of quarterly financial information for the years ended December 31, 2017 and 2016:
 
 
 
2017 Quarters
 
2016 Quarters
(In thousands, except per share data)  
 
First
 
Second
 
Third
 
Fourth
 
First
 
Second
 
Third
 
Fourth
Interest income
 
$
215,759

 
231,181

 
247,688

 
251,840

 
$
192,231

 
197,064

 
208,149

 
215,013

Interest expense
 
23,179

 
26,772

 
31,700

 
32,741

 
20,722

 
21,794

 
23,513

 
24,235

Net interest income
 
192,580

 
204,409

 
215,988

 
219,099

 
171,509

 
175,270

 
184,636

 
190,778

Provision for credit losses
 
5,209

 
8,891

 
7,896

 
7,772

 
8,034

 
9,129

 
9,571

 
7,350

Net interest income after provision for credit losses
 
187,371

 
195,518

 
208,092

 
211,327

 
163,475

 
166,141

 
175,065

 
183,428

Non-interest income, excluding net securities gains (losses)
 
68,820

 
89,925

 
79,692

 
81,024

 
67,427

 
83,359

 
83,299

 
83,700

(Losses) gains on investment securities, net
 
(55
)
 
47

 
39

 
14

 
1,325

 
1,440

 
3,305

 
1,575

Non-interest expense
 
168,118

 
183,544

 
183,575

 
196,580

 
153,730

 
170,969

 
176,615

 
180,371

Income before taxes
 
88,018

 
101,946

 
104,248

 
95,785

 
78,497

 
79,971

 
85,054

 
88,332

Income tax expense
 
29,640

 
37,049

 
38,622

 
27,004

 
29,386

 
29,930

 
31,939

 
33,724

Net income
 
$
58,378

 
64,897

 
65,626

 
68,781

 
$
49,111

 
50,041

 
53,115

 
54,608

Preferred stock dividends
 
3,628

 
2,050

 
2,050

 
2,050

 
3,628

 
3,628

 
3,628

 
3,629

Net income applicable to common shares
 
$
54,750

 
62,847

 
63,576

 
66,731

 
$
45,483

 
46,413

 
49,487

 
50,979

Net income per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
1.05

 
$
1.15

 
$
1.14

 
$
1.19

 
$
0.94

 
$
0.94

 
$
0.96

 
$
0.98

Diluted
 
1.00

 
1.11

 
1.12

 
1.17

 
0.90

 
0.90

 
0.92

 
0.94

Cash dividends declared per common share
 
0.14

 
0.14

 
0.14

 
0.14

 
0.12

 
0.12

 
0.12

 
0.12