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SELECTED QUARTERLY FINANCIAL DATA (Unaudited)
 12 Months Ended
Dec. 31, 2013
SELECTED QUARTERLY FINANCIAL DATA (Unaudited)  
SELECTED QUARTERLY FINANCIAL DATA (Unaudited)

NOTE 23—SELECTED QUARTERLY FINANCIAL DATA (Unaudited)

        The following table sets forth our unaudited, quarterly results for the periods indicated:

 
   Three Months Ended  
 
   December 31,
2013		   September 30,
2013		   June 30,
2013		   March 31,
2013		  
 
   (Dollars in thousands, except per share data)
  

Interest income

   $ 83,856   $ 85,158   $ 71,631   $ 69,269  

Interest expense

     (2,598 )   (2,869 )   (3,158 )   (3,576 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net interest income

     81,258     82,289     68,473     65,693  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Negative provision (provision) for credit losses

     1,338     4,167     1,842     (3,137 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

FDIC loss sharing expense, net

     (10,593 )   (7,032 )   (5,410 )   (3,137 )

(Loss) gain on sale of securities

     (272 )   —     —     409  

Acquisition-related securities gain

     —     5,222     —     —  

Other noninterest income

     6,939     6,937     5,613     5,568  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total noninterest income

     (3,926 )   5,127     203     2,840  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Accelerated vesting of restricted stock

     (12,420 )   —     —     —  

Non-covered OREO expense, net

     (25 )   88     (80 )   (313 )

Covered OREO expense, net

     594     332     94     813  

Acquisition and integration costs

     (4,253 )   (5,450 )   (17,997 )   (692 )

Other noninterest expense

     (49,984 )   (51,170 )   (46,233 )   (43,991 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total noninterest expense

     (66,088 )   (56,200 )   (64,216 )   (44,183 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Earnings from continuing operations before income taxes

     12,582     35,383     6,302     21,213  

Income tax expense

     (9,135 )   (11,243 )   (1,906 )   (7,719 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net earnings from continuing operations

     3,447     24,140     4,396     13,494  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Earnings (loss) from discontinued operations before income taxes

     (578 )   39     (81 )   —  

Income tax (expense) benefit

     240     (16 )   34     —  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net earnings (loss) from discontinued operations

     (338 )   23     (47 )   —  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net earnings

   $ 3,109   $ 24,163   $ 4,349   $ 13,494  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

Basic earnings per share:

                          

Net earnings from continuing operations

   $ 0.07   $ 0.53   $ 0.11   $ 0.37  

Net earnings

   $ 0.06   $ 0.53   $ 0.11   $ 0.37  

Diluted earnings per share:

                          

Net earnings from continuing operations

   $ 0.07   $ 0.53   $ 0.11   $ 0.37  

Net earnings

   $ 0.06   $ 0.53   $ 0.11   $ 0.37  


 

 
   Three Months Ended  
 
   December 31,
2012		   September 30,
2012		   June 30,
2012		   March 31,
2012		  
 
   (Dollars in thousands, except per share data)
  

Interest income

   $ 73,702   $ 75,123   $ 72,890   $ 74,400  

Interest expense

     (4,099 )   (4,352 )   (4,477 )   (6,720 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net interest income

     69,603     70,771     68,413     67,680  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Negative provision for credit losses

     4,333     2,141     271     6,074  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

FDIC loss sharing expense, net

     (6,022 )   (367 )   (102 )   (3,579 )

Gain on sale of securities

     1,239     —     —     —  

Other-than-temporary impairment loss on covered security

     —     —     (1,115 )   —  

Other noninterest income

     6,840     6,049     6,088     6,841  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total noninterest income

     2,057     5,682     4,871     3,262  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Non-covered OREO expense, net

     (316 )   (1,883 )   (130 )   (1,821 )

Covered OREO expense, net

     461     (4,290 )   (2,130 )   (822 )

Acquisition and integration costs

     (1,092 )   (2,101 )   (871 )   (25 )

Debt termination expense

     —     —     —     (22,598 )

Other noninterest expense

     (42,578 )   (43,383 )   (44,454 )   (43,629 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total noninterest expense

     (43,525 )   (51,657 )   (47,585 )   (68,895 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Earnings before income taxes

     32,468     26,937     25,970     8,121  

Income tax expense

     (12,576 )   (10,849 )   (10,413 )   (2,857 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net earnings

   $ 19,892   $ 16,088   $ 15,557   $ 5,264  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

Earnings per share:

                          

Basic

   $ 0.54   $ 0.43   $ 0.42   $ 0.14  

Diluted

   $ 0.54   $ 0.43   $ 0.42   $ 0.14