Quarterly Financial Results (unaudited)

12 Months Ended

Dec. 31, 2019

Note 21. Quarterly Financial Results (unaudited)

A summary of selected consolidated quarterly financial data for each of the years in the three-year period ended December 31, 2019 follows:


(in thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2019
Interest income	$	257,883	$	265,851	$	275,749	$	268,453
Net interest income	187,246		188,918		195,806		194,172
Provision for loan losses	7,184		7,195		8,260		4,644
Net income before taxes	117,074		124,719		137,224		118,520
Net income	93,960		100,321		110,521		96,079
Basic net income per share	$	1.22	$	1.31	$	1.45	$	1.26
Diluted net income per share	$	1.22	$	1.31	$	1.44	$	1.26

2018
Interest income	$	211,528	$	230,984	$	248,110	$	256,095
Net interest income	174,471		182,236		189,420		190,215
Provision for loan losses	6,931		9,402		8,725		9,319
Net income before taxes	103,143		109,865		118,183		118,757
Net income	83,510		86,865		93,747		95,318
Basic net income per share	$	1.08	$	1.13	$	1.22	$	1.24
Diluted net income per share	$	1.08	$	1.12	$	1.21	$	1.23

2017
Interest income	$	102,143	$	123,743	$	202,167	$	208,085
Net interest income	88,767		106,627		173,182		174,731
Provision for loan losses	3,651		6,812		6,920		6,281
Net income before taxes	53,444		63,074		99,503		81,965
Net income	39,653		43,086		64,442		26,798
Basic net income per share	$	0.83	$	0.81	$	0.84	$	0.35
Diluted net income per share	$	0.82	$	0.80	$	0.83	$	0.35