Summary of Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2017

Summary of Quarterly Financial Data (Unaudited)

Presented below is a summary of the unaudited consolidated quarterly financial data for the years ended December 31, 2017 and 2016.



	2017
(in thousands, except per share data)	Fourth Quarter ⁽¹⁾		Third Quarter		Second Quarter		First Quarter
Interest income	$	306,934	$	297,652	$	285,510	$	272,401
Net interest income	269,713		262,572		251,097		239,927
Provision for loan losses	8,565		39,686		10,260		8,674
Income before income taxes	103,966		152,675		117,791		105,704
Income tax expense	74,361		54,668		41,788		33,847
Net income	29,605		98,007		76,003		71,857
Net income available to common shareholders	27,046		95,448		73,444		69,298
Net income per common share, basic	0.23		0.79		0.60		0.57
Net income per common share, diluted	0.23		0.78		0.60		0.56

⁽¹⁾The results for the fourth quarter 2017 include $23.2 million pre-tax loss on early extinguishment of debt, as well as a $47.2 million income tax charge related to the effect of Federal Tax Reform.



	2016
	Fourth Quarter		Third Quarter		Second Quarter		First Quarter
Interest income	$	264,534	$	256,554	$	252,393	$	249,323
Net interest income	233,530		226,007		221,449		218,193
Provision for loan losses	6,259		5,671		6,693		9,377
Income before income taxes	108,068		102,620		94,031		83,730
Income tax expense	39,519		37,375		33,574		31,199
Net income	68,549		65,245		60,457		52,531
Net income available to common shareholders	65,990		62,686		57,898		49,972
Net income per common share, basic	0.54		0.51		0.46		0.39
Net income per common share, diluted	0.54		0.51		0.46		0.39