| Schedule of Quarterly Financial Information |
Quarterly financial information for the years ended December 31, 2013 and 2012 is summarized as follows: | | | | | | | | | | | | | | | | | | | | | | | | First
Quarter | | Second
Quarter | | Third
Quarter | | Fourth
Quarter | | Year Ended
December 31, | | | (in thousands, except per share amounts) | 2013 | | | | | | | | | | | Total interest income | | $ | 54,761 |
| | $ | 82,268 |
| | $ | 81,599 |
| | $ | 78,307 |
| | $ | 296,935 |
| Total interest expense | | 1,279 |
| | 2,279 |
| | 1,184 |
| | 1,098 |
| | 5,840 |
| Net interest income | | 53,482 |
| | 79,989 |
| | 80,415 |
| | 77,209 |
| | 291,095 |
| Provision (recapture) for loan and lease losses | | (1,000 | ) | | 2,000 |
| | 4,260 |
| | (2,100 | ) | | 3,160 |
| Provision (recapture) for losses on covered loans | | 980 |
| | (1,712 | ) | | (947 | ) | | (1,582 | ) | | (3,261 | ) | Noninterest income | | 1,658 |
| | 6,808 |
| | 7,622 |
| | 10,612 |
| | 26,700 |
| Noninterest expense | | 38,049 |
| | 64,504 |
| | 64,714 |
| | 63,619 |
| | 230,886 |
| Income before income taxes | | 17,111 |
| | 22,005 |
| | 20,010 |
| | 27,884 |
| | 87,010 |
| Provision for income taxes | | 4,935 |
| | 7,414 |
| | 6,734 |
| | 7,911 |
| | 26,994 |
| Net income | | $ | 12,176 |
| | $ | 14,591 |
| | $ | 13,276 |
| | $ | 19,973 |
| | $ | 60,016 |
| Per common share (1) | | | | | | | | | | | Earnings (basic) | | $ | 0.31 |
| | $ | 0.28 |
| | $ | 0.26 |
| | $ | 0.39 |
| | $ | 1.24 |
| Earnings (diluted) | | $ | 0.31 |
| | $ | 0.28 |
| | $ | 0.25 |
| | $ | 0.38 |
| | $ | 1.21 |
| 2012 | | | | | | | | | | | Total interest income | | $ | 69,712 |
| | $ | 62,114 |
| | $ | 59,469 |
| | $ | 57,209 |
| | $ | 248,504 |
| Total interest expense | | 2,649 |
| | 2,413 |
| | 2,204 |
| | 2,311 |
| | 9,577 |
| Net interest income | | 67,063 |
| | 59,701 |
| | 57,265 |
| | 54,898 |
| | 238,927 |
| Provision for loan and lease losses | | 4,500 |
| | 3,750 |
| | 2,875 |
| | 2,350 |
| | 13,475 |
| Provision (recapture) for losses on covered loans | | 15,685 |
| | 11,688 |
| | (3,992 | ) | | 2,511 |
| | 25,892 |
| Noninterest income (loss) | | 9,574 |
| | 11,828 |
| | (911 | ) | | 6,567 |
| | 27,058 |
| Noninterest expense | | 44,352 |
| | 39,825 |
| | 40,936 |
| | 37,800 |
| | 162,913 |
| Income before income taxes | | 12,100 |
| | 16,266 |
| | 16,535 |
| | 18,804 |
| | 63,705 |
| Provision for income taxes | | 3,198 |
| | 4,367 |
| | 4,655 |
| | 5,342 |
| | 17,562 |
| Net income | | $ | 8,902 |
| | $ | 11,899 |
| | $ | 11,880 |
| | $ | 13,462 |
| | $ | 46,143 |
| Per common share (1) | | | | | | | | | | | Earnings (basic) | | $ | 0.22 |
| | $ | 0.30 |
| | $ | 0.30 |
| | $ | 0.34 |
| | $ | 1.16 |
| Earnings (diluted) | | $ | 0.22 |
| | $ | 0.30 |
| | $ | 0.30 |
| | $ | 0.34 |
| | $ | 1.16 |
|
__________ (1) Due to averaging of shares, quarterly earnings per share may not add up to the totals reported for the full year. |