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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)

The following tables present the summary results for the eight quarters ended December 31, 2018:
(in thousands, except per share information)
2018
 
December 31
 
September 30
 
June 30
 
March 31 (1)
 
Four Quarters
Interest income
$
286,768

 
$
276,242

 
$
255,192

 
$
248,947

 
$
1,067,149

Interest expense
39,378

 
34,874

 
30,292

 
23,966

 
128,510

   Net interest income
247,390

 
241,368

 
224,900

 
224,981

 
938,639

Provision for loan and lease losses
17,219

 
11,711

 
13,319

 
13,656

 
55,905

Non-interest income
56,811

 
72,388

 
71,651

 
78,567

 
279,417

Non-interest expense
178,488

 
179,292

 
195,572

 
186,113

 
739,465

   Income before provision for income taxes
108,494

 
122,753

 
87,660

 
103,779

 
422,686

Provision for income taxes
28,183

 
31,772

 
21,661

 
24,807

 
106,423

Net income
80,311

 
90,981

 
65,999

 
78,972

 
316,263

Dividends and undistributed earnings allocated to participating securities
1

 
5

 
4

 
6

 
16

Net earnings available to common shareholders
$
80,310

 
$
90,976

 
$
65,995

 
$
78,966

 
$
316,247

 
 
 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.36

 
$
0.41

 
$
0.30

 
$
0.36

 
 
Diluted earnings per common share
$
0.36

 
$
0.41

 
$
0.30

 
$
0.36

 
 
Cash dividends declared per common share
$
0.21

 
$
0.21

 
$
0.20

 
$
0.20

 
 
(in thousands, except per share information)
2017
 
December 31
 
September 30
 
June 30
 
March 31 (1)
 
Four Quarters
Interest income
$
244,467

 
$
243,463

 
$
231,803

 
$
224,168

 
$
943,901

Interest expense
21,514

 
20,252

 
19,061

 
17,389

 
78,216

   Net interest income
222,953

 
223,211

 
212,742

 
206,779

 
865,685

Provision for loan and lease losses
12,928

 
11,997

 
10,657

 
11,672

 
47,254

Non-interest income
70,450

 
76,693

 
71,119

 
60,225

 
278,487

Non-interest expense
192,786

 
188,354

 
184,021

 
182,714

 
747,875

   Income before provision for income taxes
87,689

 
99,553

 
89,183

 
72,618

 
349,043

Provision for income taxes
12,438

 
35,746

 
31,964

 
26,582

 
106,730

Net income
75,251

 
63,807

 
57,219

 
46,036

 
242,313

Dividends and undistributed earnings allocated to participating securities
15

 
14

 
14

 
12

 
55

Net earnings available to common shareholders
$
75,236

 
$
63,793

 
$
57,205

 
$
46,024

 
$
242,258

 
 
 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.34

 
$
0.29

 
$
0.26

 
$
0.21

 
 
Diluted earnings per common share
$
0.34

 
$
0.29

 
$
0.26

 
$
0.21

 
 
Cash dividends declared per common share
$
0.18

 
$
0.18

 
$
0.16

 
$
0.16

 
 


(1) The unaudited quarterly condensed financial information for the quarter ended March 31, 2018 and 2017 has been adjusted for the effects of the Correction of Prior Period Balances more fully described in Note 1.