Schedule of Quarterly Financial Information |
Results of operations on a quarterly basis for the years ended December 31, 2017, 2016 and 2015 were as follows (dollars in thousands except for per share data): | | | | | | | | | | | | | | | | | | Year Ended December 31, 2017 | | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | Interest income | $ | 99,096 |
| | $ | 104,436 |
| | $ | 105,278 |
| | $ | 103,475 |
| Interest expense | 4,242 |
| | 4,730 |
| | 5,068 |
| | 5,211 |
| Net interest income before provision for loan losses | 94,854 |
| | 99,706 |
| | 100,210 |
| | 98,264 |
| Provision for loan losses | 2,000 |
| | 2,000 |
| | 2,000 |
| | 2,000 |
| Net interest income | 92,854 |
| | 97,706 |
| | 98,210 |
| | 96,264 |
| Non-interest income | 20,845 |
| | 22,469 |
| | 20,339 |
| | 29,882 |
| Non-interest expense | 78,078 |
| | 81,930 |
| | 82,589 |
| | 84,709 |
| Income before provision for income taxes | 35,621 |
| | 38,245 |
| | 35,960 |
| | 41,437 |
| Provision for income taxes | 11,828 |
| | 12,791 |
| | 10,883 |
| | 54,985 |
| Net income (loss) | $ | 23,793 |
| | $ | 25,454 |
| | $ | 25,077 |
| | $ | (13,548 | ) | Basic earnings (loss) per share | $ | 0.72 |
| | $ | 0.77 |
| | $ | 0.76 |
| | $ | (0.41 | ) | Diluted earnings (loss) per share | 0.72 |
| | 0.77 |
| | 0.76 |
| | (0.41 | ) | Dividends declared | 0.25 |
| | 1.25 |
| | 0.25 |
| | 0.25 |
|
| | | | | | | | | | | | | | | | | | Year Ended December 31, 2016 | | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | Interest income | $ | 95,301 |
| | $ | 97,321 |
| | $ | 97,849 |
| | $ | 101,007 |
| Interest expense | 4,258 |
| | 4,173 |
| | 4,141 |
| | 3,836 |
| Net interest income before provision for loan losses | 91,043 |
| | 93,148 |
| | 93,708 |
| | 97,171 |
| Provision for loan losses | — |
| | 2,000 |
| | 2,000 |
| | 2,030 |
| Net interest income | 91,043 |
| | 91,148 |
| | 91,708 |
| | 95,141 |
| Non-interest income | 19,959 |
| | 20,537 |
| | 23,512 |
| | 19,463 |
| Non-interest expense | 84,034 |
| | 79,887 |
| | 79,092 |
| | 79,857 |
| Income before provision for income taxes | 26,968 |
| | 31,798 |
| | 36,128 |
| | 34,747 |
| Provision for income taxes | 9,194 |
| | 10,841 |
| | 12,277 |
| | 11,943 |
| Net income | $ | 17,774 |
| | $ | 20,957 |
| | $ | 23,851 |
| | $ | 22,804 |
| Basic earnings per share | $ | 0.52 |
| | $ | 0.62 |
| | $ | 0.70 |
| | $ | 0.69 |
| Diluted earnings per share | 0.52 |
| | 0.61 |
| | 0.70 |
| | 0.69 |
| Dividends declared | 0.21 |
| | 0.21 |
| | 0.23 |
| | 0.23 |
|
| | | | | | | | | | | | | | | | | | Year Ended December 31, 2015 | | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | Interest income | $ | 49,069 |
| | $ | 54,076 |
| | $ | 54,793 |
| | $ | 96,495 |
| Interest expense | 2,533 |
| | 2,619 |
| | 2,605 |
| | 4,396 |
| Net interest income before provision for loan losses | 46,536 |
| | 51,457 |
| | 52,188 |
| | 92,099 |
| Provision for loan losses | — |
| | — |
| | — |
| | — |
| Net interest income | 46,536 |
| | 51,457 |
| | 52,188 |
| | 92,099 |
| Non-interest income | 13,696 |
| | 16,141 |
| | 14,098 |
| | 18,356 |
| Non-interest expense | 41,914 |
| | 47,734 |
| | 46,697 |
| | 100,254 |
| Income before provision for income taxes | 18,318 |
| | 19,864 |
| | 19,589 |
| | 10,201 |
| Provision for income taxes | 6,184 |
| | 6,615 |
| | 6,642 |
| | 3,308 |
| Net income | $ | 12,134 |
| | $ | 13,249 |
| | $ | 12,947 |
| | $ | 6,893 |
| Basic earnings per share | $ | 0.61 |
| | $ | 0.64 |
| | $ | 0.62 |
| | $ | 0.20 |
| Diluted earnings per share | 0.61 |
| | 0.64 |
| | 0.62 |
| | 0.20 |
| Dividends declared | 0.18 |
| | 0.18 |
| | 0.18 |
| | 0.18 |
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