XML 66 R49.htm IDEA: XBRL DOCUMENT v3.3.1.900
Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data
 
Quarters Ended 2015
 
March 31
 
June 30
 
September 30
 
December 31
 
(in thousands, except for share data)
Interest income
$
170,985

 
$
175,754

 
$
174,690

 
$
185,594

Interest expense
38,899

 
39,577

 
40,730

 
37,548

Net interest income
132,086

 
136,177

 
133,960

 
148,046

Provision for credit losses

 
4,500

 
94

 
3,507

Non-interest income:
 
 
 
 
 
 
 
Gains (losses) on securities transactions, net
2,416

 
(92
)
 
157

 
6

Gains on sales of loans, net
598

 
422

 
2,014

 
1,211

Gains (losses) on sales of assets, net
281

 
200

 
(558
)
 
2,853

Other non-interest income
15,350

 
19,670

 
19,306

 
19,968

Non-interest expense:
 
 
 
 
 
 
 
Loss on extinguishment of debt

 

 

 
51,129

Amortization of tax credit investments
4,496

 
4,511

 
5,224

 
13,081

Other non-interest expense
103,622

 
102,901

 
103,428

 
110,683

Income (loss) before income taxes
42,613

 
44,465

 
46,133

 
(6,316
)
Income tax expense (benefit)
12,272

 
12,474

 
10,179

 
(10,987
)
Net income
30,341

 
31,991

 
35,954

 
4,671

Dividend on preferred stock

 

 
2,017

 
1,796

Net income available to common shareholders
30,341

 
31,991

 
33,937

 
2,875

Earnings per common share:
 
 
 
 
 
 
 
Basic
$
0.13

 
$
0.14

 
$
0.15

 
$
0.01

Diluted
0.13

 
0.14

 
$
0.15

 
0.01

Cash dividends declared per common share
0.11

 
0.11

 
0.11

 
0.11

Weighted average number of common shares outstanding:
 
 
 
 
 
 
 
Basic
232,338,775

 
232,565,404

 
232,737,953

 
239,916,562

Diluted
232,341,921

 
232,586,616

 
232,780,219

 
239,972,546

 
 
Quarters Ended 2014
 
March 31
 
June 30
 
September 30
 
December 31
 
(in thousands, except for share data)
Interest income
$
153,038

 
$
157,164

 
$
155,459

 
$
170,942

Interest expense
39,014

 
39,745

 
40,791

 
42,296

Net interest income
114,024

 
117,419

 
114,668

 
128,646

Provision for credit losses
3,998

 
(5,671
)
 
(423
)
 
3,980

Non-interest income:
 
 
 
 
 
 
 
(Losses) gains on securities transactions, net
(8
)
 
7

 
103

 
643

Gains (losses) on sales of loans, net
913

 
679

 
(95
)
 
234

(Losses) gains on sales of assets
(148
)
 
276

 
83

 
17,876

Other non-interest income
19,981

 
11,572

 
14,690

 
10,810

Non-interest expense:
 
 
 
 
 
 
 
Loss on extinguishment of debt

 

 

 
10,132

Amortization of tax credit investments
3,716

 
5,802

 
4,630

 
10,048

Other non-interest expense
92,383

 
88,551

 
86,906

 
101,087

Income before income taxes
34,665

 
41,271

 
38,336

 
32,962

Income tax expense
830

 
11,751

 
10,654

 
7,827

Net income
33,835

 
29,520

 
27,682

 
25,135

Earnings per common share:
 
 
 
 
 
 
 
Basic
$
0.17

 
$
0.15

 
$
0.14

 
$
0.11

Diluted
0.17

 
0.15

 
0.14

 
0.11

Cash dividends declared per common share
0.11

 
0.11

 
0.11

 
0.11

Weighted average number of common shares outstanding:
 
 
 
 
 
 
 
Basic
200,128,384

 
200,472,592

 
200,614,091

 
221,471,635

Diluted
200,128,384

 
200,472,592

 
200,614,091

 
221,471,635