Summary of Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Quarterly Financial Information

Presented below is a summary of the unaudited consolidated quarterly financial data for the years ended December 31, 2015 and 2014.



	2015
(in thousands, except per share data)	Fourth Quarter ⁽¹⁾		Third Quarter	Second Quarter	First Quarter
Interest income	$	242,814	238,093	233,654	231,401
Net interest income	212,620		207,790	203,644	203,263
Provision for loan losses	5,021		2,956	6,636	4,397
Income before income taxes	90,741		93,986	88,034	85,812
Income tax expense	32,342		36,058	32,242	31,849
Net income	58,398		57,928	55,792	53,963
Net income available to common shareholders	$	55,839	55,369	53,233	51,404
Net income per common share, basic	$	0.43	0.42	0.40	0.38
Net income per common share, diluted	0.43		0.42	0.40	0.38

	2014
	Fourth Quarter		Third Quarter	Second Quarter	First Quarter
Interest income	$	234,703	233,394	232,213	228,382
Net interest income	207,456		206,263	205,051	200,514
Provision for loan losses	8,193		3,843	12,284	9,511
Income before income taxes	78,929		72,656	73,950	77,024
Income tax expense	25,756		25,868	27,078	28,608
Net income	53,173		46,788	46,872	48,416
Net income available to common shareholders	$	50,612	44,229	44,313	45,857
Net income per common share, basic	$	0.37	0.32	0.32	0.33
Net income per common share, diluted	0.37		0.32	0.32	0.33

⁽¹⁾The results for the three months ended December 31, 2015 include an out-of-period adjustment that increased the provision for loan losses by $12.9 million, resulting from the correction of an error that arose in 2012 which management identified during the fourth quarter of 2015. The correction increased the provision for loan losses by $13.3 million for the full year 2015.