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QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables) | 12 Months Ended
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Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract] |
Unaudited Quarterly Results of Operations | The following table presents the unaudited quarterly results of operations for the year ended December 31, 2017:
|  | Three Months Ended,
($ in thousands, except per share data) |  | March 31, 2017 |  | June 30, 2017 |  | September 30, 2017 |  | December 31, 2017
Interest income |  | $ | 98,842 |  |  | $ | 96,440 |  |  | $ | 96,751 |  |  | $ | 97,157 |
Interest expense |  | 18,361 |  |  | 20,940 |  |  | 21,715 |  |  | 23,984 |
Net interest income |  | 80,481 |  |  | 75,500 |  |  | 75,036 |  |  | 73,173 |
Provision for loan losses |  | 2,583 |  |  | 2,503 |  |  | 3,561 |  |  | 5,052 |
Noninterest income |  | 14,903 |  |  | 5,707 |  |  | 18,365 |  |  | 5,695 |
Noninterest expense |  | 89,896 |  |  | 76,319 |  |  | 75,671 |  |  | 66,382 |
Income from continuing operations before income taxes |  | 2,905 |  |  | 2,385 |  |  | 14,169 |  |  | 7,434 |
Income tax benefit |  | (6,471 | ) |  | (12,753 | ) |  | (3,939 | ) |  | (3,418 | )
Income from continuing operations |  | 9,376 |  |  | 15,138 |  |  | 18,108 |  |  | 10,852 |
Income (loss) from discontinued operations before income taxes |  | 13,348 |  |  | (4,991 | ) |  | (1,958 | ) |  | 765 |
Income tax (benefit) expense |  | 5,523 |  |  | (2,110 | ) |  | (799 | ) |  | 315 |
Income (loss) from discontinued operations |  | 7,825 |  |  | (2,881 | ) |  | (1,159 | ) |  | 450 |
Net income |  | 17,201 |  |  | 12,257 |  |  | 16,949 |  |  | 11,302 |
Dividends on preferred stock |  | 5,113 |  |  | 5,113 |  |  | 5,112 |  |  | 5,113 |
Net income available to common stockholders |  | $ | 12,088 |  |  | $ | 7,144 |  |  | $ | 11,837 |  |  | $ | 6,189 |
Basic earnings per common share |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.08 |  |  | $ | 0.20 |  |  | $ | 0.25 |  |  | $ | 0.11 |
Income (loss) from discontinued operations |  | 0.15 |  |  | (0.06 | ) |  | (0.02 | ) |  | 0.01 |
Net income |  | $ | 0.23 |  |  | $ | 0.14 |  |  | $ | 0.23 |  |  | $ | 0.12 |
Diluted earnings per common share |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.08 |  |  | $ | 0.20 |  |  | $ | 0.25 |  |  | $ | 0.11 |
Income (loss) from discontinued operations |  | 0.15 |  |  | (0.06 | ) |  | (0.02 | ) |  | 0.01 |
Net income |  | $ | 0.23 |  |  | $ | 0.14 |  |  | $ | 0.23 |  |  | $ | 0.12 |
Basic earnings per class B common share |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.08 |  |  | $ | 0.20 |  |  | $ | 0.25 |  |  | $ | 0.11 |
Income (loss) from discontinued operations |  | 0.15 |  |  | (0.06 | ) |  | (0.02 | ) |  | 0.01 |
Net income |  | $ | 0.23 |  |  | $ | 0.14 |  |  | $ | 0.23 |  |  | $ | 0.12 |
Diluted earnings per class B common share |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.08 |  |  | $ | 0.20 |  |  | $ | 0.25 |  |  | $ | 0.11 |
Income (loss) from discontinued operations |  | 0.15 |  |  | (0.06 | ) |  | (0.02 | ) |  | 0.01 |
Net income |  | $ | 0.23 |  |  | $ | 0.14 |  |  | $ | 0.23 |  |  | $ | 0.12 |
The following table presents the unaudited quarterly results of operations for the year ended December 31, 2016:
|  | Three Months Ended,
($ in thousands, except per share data) |  | March 31, 2016 |  | June 30, 2016 |  | September 30, 2016 |  | December 31, 2016
Interest income |  | $ | 81,062 |  |  | $ | 90,929 |  |  | $ | 98,122 |  |  | $ | 99,731 |
Interest expense |  | 13,823 |  |  | 13,603 |  |  | 15,274 |  |  | 16,799 |
Net interest income |  | 67,239 |  |  | 77,326 |  |  | 82,848 |  |  | 82,932 |
Provision for loan losses |  | 321 |  |  | 1,769 |  |  | 2,592 |  |  | 589 |
Noninterest income |  | 21,193 |  |  | 22,903 |  |  | 22,030 |  |  | 32,504 |
Noninterest expense |  | 59,144 |  |  | 65,053 |  |  | 86,123 |  |  | 92,895 |
Income from continuing operations before income taxes |  | 28,967 |  |  | 33,407 |  |  | 16,163 |  |  | 21,952 |
Income tax (benefit) expense |  | 11,661 |  |  | 13,647 |  |  | (9,016 | ) |  | (2,543 | )
Income from continuing operations |  | 17,306 |  |  | 19,760 |  |  | 25,179 |  |  | 24,495 |
Income from discontinued operations before income taxes |  | 3,988 |  |  | 11,390 |  |  | 18,574 |  |  | 14,965 |
Income tax expense |  | 1,607 |  |  | 4,622 |  |  | 7,816 |  |  | 6,196 |
Income from discontinued operations |  | 2,381 |  |  | 6,768 |  |  | 10,758 |  |  | 8,769 |
Net income |  | 19,687 |  |  | 26,528 |  |  | 35,937 |  |  | 33,264 |
Dividends on preferred stock |  | 4,575 |  |  | 5,114 |  |  | 5,112 |  |  | 5,113 |
Net income available to common stockholders |  | $ | 15,112 |  |  | $ | 21,414 |  |  | $ | 30,825 |  |  | $ | 28,151 |
Basic earnings per common share |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.30 |  |  | $ | 0.30 |  |  | $ | 0.38 |  |  | $ | 0.37 |
Income (loss) from discontinued operations |  | 0.06 |  |  | 0.14 |  |  | 0.22 |  |  | 0.18 |
Net income |  | $ | 0.36 |  |  | $ | 0.44 |  |  | $ | 0.60 |  |  | $ | 0.55 |
Diluted earnings per common share |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.30 |  |  | $ | 0.29 |  |  | $ | 0.38 |  |  | $ | 0.36 |
Income (loss) from discontinued operations |  | 0.06 |  |  | 0.14 |  |  | 0.21 |  |  | 0.18 |
Net income |  | $ | 0.36 |  |  | $ | 0.43 |  |  | $ | 0.59 |  |  | $ | 0.54 |
Basic earnings per class B common share |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.30 |  |  | $ | 0.30 |  |  | $ | 0.38 |  |  | $ | 0.37 |
Income (loss) from discontinued operations |  | 0.06 |  |  | 0.14 |  |  | 0.22 |  |  | 0.18 |
Net income |  | $ | 0.36 |  |  | $ | 0.44 |  |  | $ | 0.60 |  |  | $ | 0.55 |
Diluted earnings per class B common share |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.30 |  |  | $ | 0.30 |  |  | $ | 0.38 |  |  | $ | 0.37 |
Income (loss) from discontinued operations |  | 0.06 |  |  | 0.14 |  |  | 0.22 |  |  | 0.18 |
Net income |  | $ | 0.36 |  |  | $ | 0.44 |  |  | $ | 0.60 |  |  | $ | 0.55 |

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=84173487&loc=d3e1280-108306 + Details
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