Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2012

Selected Quarterly Financial Data

(17) Selected Quarterly Financial Data (Unaudited)

The following tables are a summary of certain quarterly financial data for the years ended December 31, 2012 and 2011.

	2012 Quarter Ended
	March 31		June 30		September 30		December 31
	(In thousands, except per share data)
Interest income	$	66,880	$	66,019	$	64,757	$	64,603
Interest expense		12,043		11,441		11,042		10,396
Net interest income		54,837		54,578		53,715		54,207
Provision for loan losses		5,000		3,500		3,500		4,000
Net interest income after provision for loan losses		49,837		51,078		50,215		50,207
Non-interest income		12,728		9,343		9,790		11,752
Non-interest expense		36,791		37,756		36,896		37,385
Income before income tax expense		25,774		22,665		23,109		24,574
Income tax expense		7,346		6,662		6,955		7,892
Net income	$	18,428	$	16,003	$	16,154	$	16,682
Basic earnings per share	$	0.32	$	0.28	$	0.28	$	0.29
Diluted earnings per share	$	0.32	$	0.28	$	0.28	$	0.29

	2011 Quarter Ended
	March 31		June 30		September 30		December 31
	(In thousands, except per share data)
Interest income	$	69,487	$	69,811	$	69,157	$	67,264
Interest expense		16,040		15,635		14,701		13,353
Net interest income		53,447		54,176		54,456		53,911
Provision for loan losses		7,900		7,500		7,500		6,000
Net interest income after provision for loan losses		45,547		46,676		46,956		47,911
Non-interest income		7,172		8,043		8,650		8,677
Non-interest expense		35,351		35,933		34,953		36,209
Income before income tax expense		17,368		18,786		20,653		20,379
Income tax expense		4,437		4,809		5,087		5,509
Net income	$	12,931	$	13,977	$	15,566	$	14,870
Basic earnings per share	$	0.23	$	0.25	$	0.27	$	0.26
Diluted earnings per share	$	0.23	$	0.25	$	0.27	$	0.26