Interim Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Interim Financial Data (Unaudited)

NOTE 29 – INTERIM FINANCIAL DATA (UNAUDITED)

The following table details the quarterly results of operations for the years ended December 31, 2019 and 2018.

(unaudited, dollars
and shares in thousands,	Three Months Ended								Three Months Ended
except per share data)	12/31/2019		9/30/2019		6/30/2019		3/31/2019		12/31/2018		9/30/2018		6/30/2018		3/31/2018
Interest income	$	176,553	$	185,853	$	189,063	$	178,918	$	175,234	$	155,369	$	153,736	$	147,706
Interest expense		27,654		32,757		33,833		31,870		29,009		24,527		21,773		19,134
Net interest income		148,899		153,096		155,230		147,048		146,225		130,842		131,963		128,572
Provision for loan losses		1,264		1,437		1,003		1,043		3,390		750		2,446		380
Noninterest income		47,726		53,961		51,214		46,416		58,154		45,957		49,289		41,905
Noninterest expense		134,743		122,585		128,118		123,041		150,268		119,376		130,460		117,157
Income before income taxes		60,618		83,035		77,323		69,380		50,721		56,673		48,346		52,940
Income tax expense		11,433		13,254		14,359		13,104		3,223		5,325		4,345		4,957
Net income	$	49,185	$	69,781	$	62,964	$	56,276	$	47,498	$	51,348	$	44,001	$	47,983
Net income per share:
Basic	$	0.29	$	0.41	$	0.37	$	0.32	$	0.28	$	0.34	$	0.29	$	0.32
Diluted		0.29		0.41		0.36		0.32		0.28		0.34		0.29		0.31
Average shares:
Basic		169,235		170,746		172,985		174,734		167,044		151,930		151,878		151,721
Diluted		170,186		171,551		173,675		175,368		167,992		152,784		152,568		152,370

Quarterly results, most notably interest income, noninterest income, and noninterest expense, were impacted by the acquisition of Klein in November 2018.