XML 70 R61.htm IDEA: XBRL DOCUMENT

Quarterly Financial Information (Tables)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

		Year Ended December 31, 2017
(in thousands, except per share amounts)		1^st Quarter				2^nd Quarter				3^rd Quarter				4^th Quarter
Operating revenues		$	590,474			$	633,340			$	620,932			$	697,335
Interest income			100,953				108,951				117,862				126,615
Total revenues			691,427				742,291				738,794				823,950
Interest expense			15,896				16,644				17,625				19,865
Net revenues			675,531				725,647				721,169				804,085
Total non-interest expenses			596,512				642,449				613,030				804,905
Income before income tax expense			79,019				83,198				108,139				(820	)
Provision for income taxes			13,507				30,387				41,603				1,168
Net income			65,512				52,811				66,536				(1,988	)
Preferred dividends			2,344				2,344				2,343				2,344
Net income available to common shareholders		$	63,168			$	50,467			$	64,193			$	(4,332	)
Earnings per common share ⁽¹⁾
Basic		$	0.92			$	0.74			$	0.94			$	(0.06	)
Diluted		$	0.78			$	0.63			$	0.79			$	(0.06	)

Weighted-average number of common shares outstanding:
Basic			68,386				68,556				68,522				68,782
Diluted			80,695				80,021				80,881				68,782
Cash dividends declared per common share		$	—			$	—			$	0.10			$	0.10

		Year Ended December 31, 2016
(in thousands, except per share amounts)		1^st Quarter				2^nd Quarter				3^rd Quarter				4^th Quarter
Operating revenues		$	571,299			$	603,627			$	586,488			$	586,665
Interest income			62,786				65,780				74,881				90,844
Total revenues			634,085				669,407				661,369				677,509
Interest expense			14,111				17,262				19,383				16,118
Net revenues			619,974				652,145				641,986				661,391
Total non-interest expenses			576,061				636,352				614,004				606,497
Income before income tax expense			43,913				15,793				27,982				54,894
Provision for income taxes			16,858				6,022				10,168				28,014
Net income			27,055				9,771				17,814				26,880
Preferred dividends			—				—				1,563				2,343
Net income available to common shareholders		$	27,055			$	9,771			$	16,251			$	24,537
Earnings per common share
Basic		$	0.40			$	0.15			$	0.24			$	0.37
Diluted		$	0.36			$	0.13			$	0.21			$	0.31
Weighted-average number of common shares outstanding:
Basic			67,579				66,792				66,482				66,636
Diluted			76,086				75,982				77,544				79,539
Cash dividends declared per common share		$	—			$	—			$	—			$	—