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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)

The following tables present the summary results for the eight quarters ending December 31, 2014:
(in thousands, except per share information)
2014
 
 
 
 
 
 
 
 
 
Four
 
December 31
 
September 30
 
June 30
 
March 31
 
Quarters
Interest income
$
242,151

 
$
239,523

 
$
224,967

 
$
115,880

 
$
822,521

Interest expense
14,136

 
13,807

 
12,708

 
8,042

 
48,693

   Net interest income
228,015

 
225,716

 
212,259

 
107,838

 
773,828

Provision for loan and lease losses
5,241

 
14,333

 
14,696

 
5,971

 
40,241

Non-interest income
49,832

 
61,924

 
44,529

 
23,007

 
179,292

Non-interest expense
190,856

 
182,558

 
214,131

 
96,518

 
684,063

   Income before provision for income taxes
81,750

 
90,749

 
27,961

 
28,356

 
228,816

Provision for income taxes
29,204

 
31,760

 
10,740

 
9,592

 
81,296

Net income
52,546

 
58,989

 
17,221

 
18,764

 
147,520

Dividends and undistributed earnings allocated
 
 
 
 
 
 
 
 
 
  to participating securities
146

 
142

 
83

 
113

 
484

Net earnings available to common shareholders
$
52,400

 
$
58,847

 
$
17,138

 
$
18,651

 
$
147,036

 
 
 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.24

 
$
0.27

 
$
0.09

 
$
0.17

 
 
Diluted earnings per common share
$
0.24

 
$
0.27

 
$
0.09

 
$
0.17

 
 
Cash dividends declared per common share
$
0.15

 
$
0.15

 
$
0.15

 
$
0.15

 
 

(in thousands, except per share information)
2013
 
 
 
 
 
 
 
 
 
Four
 
December 31
 
September 30
 
June 30
 
March 31
 
Quarters
Interest income
$
118,538

 
$
115,960

 
$
104,015

 
$
104,333

 
$
442,846

Interest expense
8,464

 
9,151

 
10,122

 
10,144

 
37,881

   Net interest income
110,074

 
106,809

 
93,893

 
94,189

 
404,965

Provision for (recapture of) loan and lease losses
2,471

 
1,104

 
(79
)
 
7,220

 
10,716

Non-interest income
26,785

 
26,144

 
34,497

 
34,015

 
121,441

Non-interest expense
95,364

 
95,604

 
87,931

 
85,762

 
364,661

   Income before provision for income taxes
39,024

 
36,245

 
40,538

 
35,222

 
151,029

Provision for income taxes
13,754

 
12,768

 
14,285

 
11,861

 
52,668

Net income
25,270

 
23,477

 
26,253

 
23,361

 
98,361

Dividends and undistributed earnings allocated
 
 
 
 
 
 
 
 
 
  to participating securities
212

 
196

 
197

 
183

 
788

Net earnings available to common shareholders
$
25,058

 
$
23,281

 
$
26,056

 
$
23,178

 
$
97,573

 
 
 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.22

 
$
0.21

 
$
0.23

 
$
0.21

 
 
Diluted earnings per common share
$
0.22

 
$
0.21

 
$
0.23

 
$
0.21

 
 
Cash dividends declared per common share
$
0.15

 
$
0.15

 
$
0.20

 
$
0.10