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QUARTERLY DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY DATA (UNAUDITED) QUARTERLY DATA (UNAUDITED)
 
Quarterly results of operations were as follows:
 
 
2019
 
2018
(In thousands, except per share data)
 
Fourth Quarter
 
Third Quarter
 
Second Quarter
 
First Quarter
 
Fourth Quarter
 
Third Quarter
 
Second Quarter
 
First Quarter
Interest and dividend income
 
$
125,441

 
$
133,725

 
$
129,238

 
$
121,109

 
$
126,695

 
$
117,569

 
$
115,484

 
$
106,146

Interest expense
 
34,108

 
36,854

 
37,643

 
35,650

 
33,929

 
29,184

 
25,192

 
21,389

Net interest income
 
91,333

 
96,871

 
91,595

 
85,459

 
92,766

 
88,385

 
90,292

 
84,757

Non-interest income
 
23,362

 
21,406

 
17,512

 
21,722

 
15,775

 
20,034

 
19,623

 
18,892

Total revenue
 
114,695

 
118,277

 
109,107

 
107,181

 
108,541

 
108,419

 
109,915

 
103,649

Provision for loan losses
 
5,351

 
22,600

 
3,467

 
4,001

 
6,716

 
6,628

 
6,532

 
5,575

Non-interest expense
 
70,287

 
71,011

 
76,568

 
71,991

 
80,373

 
59,627

 
61,527

 
65,366

Income from continuing operations before income taxes
 
39,057

 
24,666

 
29,072

 
31,189

 
21,452

 
42,164

 
41,856

 
32,708

Income tax expense
 
6,421

 
4,007

 
5,118

 
6,917

 
4,384

 
9,095

 
8,145

 
7,337

Net income from continuing operations
 
32,636

 
20,659

 
23,954

 
24,272

 
17,068

 
33,069

 
33,711

 
25,371

(Loss)/income from discontinued operations, net of tax
 
(6,885
)
 
1,957

 
1,494

 
(637
)
 
(2,809
)
 
(842
)
 
320

 
(123
)
Net income
 
$
25,751

 
$
22,616

 
$
25,448

 
$
23,635

 
$
14,259

 
$
32,227

 
$
34,031

 
$
25,248

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings/(loss) per share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Continuing operations
 
$
0.65

 
$
0.40

 
$
0.49

 
$
0.52

 
$
0.37

 
$
0.72

 
$
0.73

 
$
0.55

Discontinued operations
 
(0.14
)
 
0.04

 
0.03

 
(0.01
)
 
(0.06
)
 
(0.02
)
 
0.01

 

Basic earnings per common share
 
$
0.51

 
$
0.44

 
$
0.52

 
$
0.51

 
$
0.31

 
$
0.70

 
$
0.74

 
$
0.55

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings/(loss) per share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Continuing operations
 
$
0.65

 
$
0.40

 
$
0.49

 
$
0.52

 
$
0.37

 
$
0.72

 
$
0.73

 
$
0.55

Discontinued operations
 
(0.14
)
 
0.04

 
0.03

 
(0.01
)
 
(0.06
)
 
(0.02
)
 
0.01

 

Diluted earnings per share
 
$
0.51

 
$
0.44

 
$
0.52

 
$
0.51

 
$
0.31

 
$
0.70

 
$
0.74

 
$
0.55

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding:
Basic
 
50,494

 
51,422

 
48,961

 
46,113

 
46,061

 
46,030

 
46,032

 
45,966

Diluted
 
50,702

 
51,545

 
49,114

 
46,261

 
46,240

 
46,263

 
46,215

 
46,200