Quarterly Financial Information

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

NOTE 30 – Quarterly Financial Information (Unaudited) 

	Year Ended December 31, 2016
(in thousands, except per share amounts)	1st Quarter		2nd Quarter		3rd Quarter		4th 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

	Year Ended December 31, 2015
(in thousands, except per share amounts)	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter
Operating revenues	$	531,265	$	563,998	$	557,995	$	545,132
Interest income		42,736		43,851		43,376		48,639
Total revenues		574,001		607,849		601,371		593,771
Interest expense		13,019		10,098		9,796		12,485
Net revenues		560,982		597,751		591,575		581,286
Total non-interest expenses		490,916		559,680		569,227		570,204
Income before income tax expense		70,066		38,071		22,348		11,082
Provision for income taxes		26,969		17,183		5,169		(90	)
Net income	$	43,097	$	20,888	$	17,179	$	11,172
Earnings per common share
Basic	$	0.62	$	0.31	$	0.25	$	0.16
Diluted	$	0.56	$	0.27	$	0.22	$	0.14
Weighted-average number of common shares outstanding:
Basic		68,006		68,370		69,633		68,150
Diluted		77,359		77,856		79,759		79,355