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Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

The following tables present the summary results for the four quarters ended December 31, 2020 and 2019:


			2020
(in thousands, except per share information)			December 31						September 30						June 30						March 31						Four Quarters
Interest income			$	255,479					$	242,299					$	246,680					$	268,169					$	1,012,627
Interest expense			20,572						25,725						34,177						49,634						130,108
Net interest income			234,907						216,574						212,503						218,535						882,519
Provision (recapture) for credit losses			29						(338)						87,085						118,085						204,861
Non-interest income			123,960						131,924						115,480						40,645						412,009
Non-interest expense			211,312						190,207						181,910						1,962,658						2,546,087
Income (loss) before provision for income taxes			147,526						158,629						58,988						(1,821,563)						(1,456,420)
(Benefit) provision for income taxes			(3,204)						33,758						6,062						30,384						67,000
Net income (loss)			$	150,730					$	124,871					$	52,926					$	(1,851,947)					$	(1,523,420)

Basic earnings per common share			$	0.68					$	0.57					$	0.24					$	(8.41)
Diluted earnings per common share			$	0.68					$	0.57					$	0.24					$	(8.41)
Cash dividends declared per common share			$	0.21					$	0.21					$	—					$	0.21


			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