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Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

Note 25—Quarterly Results of Operations (Unaudited)

The following is a summary of the quarterly results of operations, for the years ended December 31, 2018 and 2017:

		Three Months Ended,
(In thousands)		December 31, 2018				September 30, 2018				June 30, 2018				March 31, 2018
Interest income		$	143,857			$	131,753			$	123,963			$	113,093
Interest expense			40,711				33,653				28,579				21,982
Net interest income			103,146				98,100				95,384				91,111
Provision for credit losses			8,422				(1,365	)			1,263				4,380
Noninterest income ⁽¹⁾			21,007				23,976				24,672				24,983
Noninterest expense			72,696				61,231				62,435				61,939
Income before income taxes			43,035				62,210				56,358				49,775
Provision for income taxes			10,709				15,074				8,384				10,950
Net income		$	32,326			$	47,136			$	47,974			$	38,825
Earnings per common share (Basic)		$	0.39			$	0.56			$	0.57			$	0.46
Earnings per common share (Diluted)			0.39				0.56				0.57				0.46

		Three Months Ended,
(In thousands)		December 31, 2017				September 30, 2017				June 30, 2017				March 31, 2017
Interest income		$	108,370			$	99,503			$	99,375			$	89,619
Interest expense			20,459				18,340				16,991				14,861
Net interest income			87,911				81,163				82,384				74,758
Provision for credit losses			(4,475	)			1,723				6,701				5,786
Noninterest income ⁽²⁾			25,656				27,124				22,989				24,105
Noninterest expense			66,371				56,530				56,134				54,321
Income before income taxes			51,671				50,034				42,538				38,756
Provision for income taxes			36,980				17,457				13,570				12,639
Net income		$	14,691			$	32,577			$	28,968			$	26,117
Earnings per common share (Basic)		$	0.18			$	0.39			$	0.35			$	0.35
Earnings per common share (Diluted)			0.17				0.39				0.35				0.35

⁽¹⁾	Includes net securities gains (losses) of $(54) thousand, $2 thousand, $(1.8) million and $12 thousand during the fourth, third, second and first quarters of 2018, respectively.

⁽²⁾	Includes net securities gains (losses) of $16 thousand, $1 thousand, $(244) thousand and $81 thousand during the fourth, third, second and first quarters of 2017, respectively.