XML 54 R31.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Note 24 - Quarterly Results of Operations (Unaudited) | 12 Months Ended
--- | ---
Dec. 31, 2019
Notes to Financial Statements |
Quarterly Financial Information [Text Block] |
24. | Quarterly Results of Operations (Unaudited)
The following table sets forth selected unaudited quarterly financial data:
|  | Summary of Operations |
|  | 2019 |  |  | 2018 |
|  | Fourth |  |  | Third |  |  | Second |  |  | First |  |  | Fourth |  |  | Third |  |  | Second |  |  | First |
|  | Quarter |  |  | Quarter |  |  | Quarter |  |  | Quarter |  |  | Quarter |  |  | Quarter |  |  | Quarter |  |  | Quarter |
|  | (In thousands, except per share data) |
Interest income |  | $ | 191,226 |  |  | $ | 197,831 |  |  | $ | 192,449 |  |  | $ | 187,761 |  |  | $ | 183,869 |  |  | $ | 176,866 |  |  | $ | 167,520 |  |  | $ | 159,700 |
Interest expense |  |  | 50,015 |  |  |  | 50,831 |  |  |  | 49,070 |  |  |  | 44,445 |  |  |  | 38,428 |  |  |  | 31,782 |  |  |  | 27,489 |  |  |  | 24,357 |
Net interest income |  |  | 141,211 |  |  |  | 147,000 |  |  |  | 143,379 |  |  |  | 143,316 |  |  |  | 145,441 |  |  |  | 145,084 |  |  |  | 140,031 |  |  |  | 135,343 |
Reversal for credit losses |  |  | (5,000 | ) |  |  | (2,000 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1,500 | ) |  |  | — |  |  |  | (3,000 | )
Net-interest income after reversal for loan losses |  |  | 146,211 |  |  |  | 149,000 |  |  |  | 143,379 |  |  |  | 143,316 |  |  |  | 145,441 |  |  |  | 146,584 |  |  |  | 140,031 |  |  |  | 138,343 |
Non-interest income |  |  | 8,648 |  |  |  | 10,388 |  |  |  | 12,794 |  |  |  | 12,921 |  |  |  | 10,795 |  |  |  | 7,835 |  |  |  | 7,767 |  |  |  | 5,310 |
Non-interest expense |  |  | 71,192 |  |  |  | 65,580 |  |  |  | 69,546 |  |  |  | 70,970 |  |  |  | 74,395 |  |  |  | 65,964 |  |  |  | 63,088 |  |  |  | 60,971 |
Income before income tax expense |  |  | 83,667 |  |  |  | 93,808 |  |  |  | 86,627 |  |  |  | 85,267 |  |  |  | 81,841 |  |  |  | 88,455 |  |  |  | 84,710 |  |  |  | 82,682 |
Income tax expense |  |  | 16,290 |  |  |  | 20,973 |  |  |  | 14,383 |  |  |  | 18,588 |  |  |  | 17,193 |  |  |  | 18,698 |  |  |  | 11,046 |  |  |  | 18,866 |
Net income |  | $ | 67,377 |  |  | $ | 72,835 |  |  | $ | 72,244 |  |  | $ | 66,679 |  |  | $ | 64,648 |  |  | $ | 69,757 |  |  | $ | 73,664 |  |  | $ | 63,816 |
Net income per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.85 |  |  | $ | 0.91 |  |  | $ | 0.90 |  |  | $ | 0.83 |  |  | $ | 0.80 |  |  | $ | 0.86 |  |  | $ | 0.91 |  |  | $ | 0.79 |
Diluted |  | $ | 0.84 |  |  | $ | 0.91 |  |  | $ | 0.90 |  |  | $ | 0.83 |  |  | $ | 0.80 |  |  | $ | 0.85 |  |  | $ | 0.90 |  |  | $ | 0.78 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration