Interim Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Interim Financial Data (Unaudited)

NOTE 25—INTERIM FINANCIAL DATA (UNAUDITED)

The following table details the quarterly results of operations for the years ended December 31, 2013 and 2012.

INTERIM FINANCIAL DATA

(unaudited, dollars	Quarters Ended 2013										Quarters Ended 2012
and shares in thousands,	December		September			June			March		December		September		June		March
except per share data)	31		30			30			31		31		30		30		31
Interest income	$	86,132	$	83,894		$	85,682		$	86,102	$	92,400	$	82,772	$	85,264	$	84,263
Interest expense		4,945		5,898			6,491			7,052		8,039		8,622		9,291		9,990
Net interest income		81,187		77,996			79,191			79,050		84,361		74,150		75,973		74,273
Provision for loan losses		2,253		(1,724	)		(3,693	)		845		2,181		400		393		2,056
Noninterest income		44,444		47,755			46,244			46,315		51,274		40,867		48,542		49,133
Noninterest expense		88,227		96,658			86,916			90,183		99,425		89,019		86,027		91,287
Income before income taxes		35,151		30,817			42,212			34,337		34,029		25,598		38,095		30,063
Income tax expense		10,602		6,869			13,734			10,392		11,020		5,861		10,889		8,340
Net income	$	24,549	$	23,948		$	28,478		$	23,945	$	23,009	$	19,737	$	27,206	$	21,723
Net income per share :
Basic	$	0.24	$	0.24		$	0.28		$	0.24	$	0.23	$	0.20	$	0.29	$	0.23
Diluted		0.25		0.23			0.28			0.24		0.23		0.20		0.29		0.23
Average shares
Basic		100,153		100,645			100,981			101,081		101,069		95,690		94,514		94,445
Diluted		100,718		101,131			101,352			101,547		101,550		96,125		94,871		94,833

Quarterly results, most notably interest income, noninterest income and noninterest expense, were impacted by the acquisition of IBT on September 15, 2012 and 24 bank branches from Bank of America on July 12, 2013.