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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)
 
 

Quarters Ended
($ and shares in thousands, except per share data)

December 31,

September 30,

June 30,

March 31,
2017












Interest and dividend income

$
359,765


$
339,910


$
322,775


$
302,669

Interest expense

40,064


36,755


32,684


30,547

Net interest income before provision for credit losses

319,701


303,155


290,091


272,122

Provision for credit losses

15,517


12,996


10,685


7,068

Net interest income after provision for credit losses

304,184


290,159


279,406


265,054

Noninterest income

45,359


49,624


47,400


116,023

Noninterest expense

175,416


164,499


169,121


153,073

Income before income taxes

174,127


175,284


157,685


228,004

Income tax expense

89,229


42,624


39,355


58,268

Net income

$
84,898


$
132,660


$
118,330


$
169,736

 
 
 
 
 
 
 
 
 
EPS
 
 
 
 
 
 
 
 
- Basic

$
0.59


$
0.92


$
0.82


$
1.18

- Diluted

$
0.58


$
0.91


$
0.81


$
1.16

Weighted-average number of shares outstanding
 
 
 
 
 
 
 
 
- Basic
 
144,542

 
144,498

 
144,485

 
144,249

- Diluted
 
146,030

 
145,882

 
145,740

 
145,732

Cash dividends declared per common share
 
$
0.20

 
$
0.20

 
$
0.20

 
$
0.20

 

 
 
 
Quarters Ended
($ and shares in thousands, except per share data)
 
December 31,
 
September 30,
 
June 30,
 
March 31,
2016
 
 
 
 
 
 
 
 
Interest and dividend income
 
$
302,127

 
$
280,317

 
$
278,865

 
$
276,172

Interest expense
 
29,425

 
26,169

 
25,281

 
23,968

Net interest income before provision for credit losses
 
272,702

 
254,148

 
253,584

 
252,204

Provision for credit losses
 
10,461

 
9,525

 
6,053

 
1,440

Net interest income after provision for credit losses
 
262,241

 
244,623

 
247,531

 
250,764

Noninterest income
 
48,800

 
49,341

 
44,264

 
40,513

Noninterest expense
 
149,904

 
170,500

 
148,879

 
146,606

Income before income taxes
 
161,137

 
123,464

 
142,916

 
144,671

Income tax expense
 
50,403

 
13,321

 
39,632

 
37,155

Net income
 
$
110,734

 
$
110,143

 
$
103,284

 
$
107,516

 
 
 
 
 
 
 
 
 
EPS
 
 
 
 
 
 
 
 
- Basic
 
$
0.77

 
$
0.76

 
$
0.72

 
$
0.75

- Diluted
 
$
0.76

 
$
0.76

 
$
0.71

 
$
0.74

Weighted-average number of shares outstanding
 
 
 
 
 
 
 
 
- Basic
 
144,166

 
144,122

 
144,101

 
143,958

- Diluted
 
145,428

 
145,238

 
145,078

 
144,803

Cash dividends declared per common share
 
$
0.20

 
$
0.20

 
$
0.20

 
$
0.20