XML 137 R35.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary Of Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Information (Unaudited)
Summary of Quarterly Financial Information (Unaudited)
Quarterly financial information for the years ended December 31, 2019 and 2018 is summarized as follows:
 
 
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
 
Year Ended
December 31,
 
 
(in thousands, except per share amounts)
 
 
2019
 
 
 
 
 
 
 
 
 
 
Total interest income
 
$
133,109

 
$
132,533

 
$
135,422

 
$
128,888

 
$
529,952

Total interest expense
 
8,292

 
10,083

 
10,306

 
7,866

 
36,547

Net interest income
 
124,817

 
122,450

 
125,116

 
121,022

 
493,405

Provision for loan and lease losses
 
1,614

 
299

 
218

 
1,362

 
3,493

Noninterest income
 
21,807

 
28,030

 
25,648

 
21,696

 
97,181

Noninterest expense
 
86,978

 
87,076

 
86,728

 
84,700

 
345,482

Income before income taxes
 
58,032

 
63,105

 
63,818

 
56,656

 
241,611

Provision for income taxes
 
11,903

 
12,378

 
12,094

 
10,785

 
47,160

Net income
 
$
46,129

 
$
50,727

 
$
51,724

 
$
45,871

 
$
194,451

Per common share (1)
 
 
 
 
 
 
 
 
 
 
Earnings (basic)
 
$
0.64

 
$
0.70

 
$
0.71

 
$
0.63

 
$
2.68

Earnings (diluted)
 
$
0.64

 
$
0.70

 
$
0.71

 
$
0.63

 
$
2.68

 
 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
 
Total interest income
 
$
129,801

 
$
127,575

 
$
120,549

 
$
119,144

 
$
497,069

Total interest expense
 
5,913

 
4,779

 
3,875

 
3,663

 
18,230

Net interest income
 
123,888

 
122,796

 
116,674

 
115,481

 
478,839

Provision for loan and lease losses
 
1,789

 
3,153

 
3,975

 
5,852

 
14,769

Noninterest income
 
20,402

 
21,019

 
23,692

 
23,143

 
88,256

Noninterest expense
 
87,019

 
82,841

 
84,643

 
85,987

 
340,490

Income before income taxes
 
55,482

 
57,821

 
51,748

 
46,785

 
211,836

Provision for income taxes
 
10,734

 
11,406

 
9,999

 
6,815

 
38,954

Net income
 
$
44,748

 
$
46,415

 
$
41,749

 
$
39,970

 
$
172,882

Per common share (1)
 
 
 
 
 
 
 
 
 
 
Earnings (basic)
 
$
0.61

 
$
0.63

 
$
0.57

 
$
0.55

 
$
2.36

Earnings (diluted)
 
$
0.61

 
$
0.63

 
$
0.57

 
$
0.55

 
$
2.36

 __________
(1) Due to averaging of shares, quarterly EPS may not add up to the totals reported for the full year.