Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (Unaudited)

Quarterly Financial Information (Unaudited)

The following tables present the summary results for the four quarters ended December 31, 2019 and 2018:

	2019
(in thousands, except per share information)	December 31		September 30		June 30		March 31		Four Quarters
Interest income	$	282,030	$	285,187	$	281,600	$	282,259	$	1,131,076
Interest expense	55,216		56,214		54,438		44,574		210,442
Net interest income	226,814		228,973		227,162		237,685		920,634
Provision for loan and lease losses	16,252		23,227		19,352		13,684		72,515
Non-interest income	83,749		88,512		121,823		45,740		339,824
Non-interest expense	183,443		183,590		180,415		171,592		719,040
Income before provision for income taxes	110,868		110,668		149,218		98,149		468,903
Provision for income taxes	27,118		26,166		37,408		24,116		114,808
Net income	$	83,750	$	84,502	$	111,810	$	74,033	$	354,095
Basic earnings per common share	$	0.38	$	0.38	$	0.51	$	0.34
Diluted earnings per common share	$	0.38	$	0.38	$	0.51	$	0.34
Cash dividends declared per common share	$	0.21	$	0.21	$	0.21	$	0.21

	2018
(in thousands, except per share information)	December 31		September 30		June 30		March 31		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
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