QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following table presents the unaudited quarterly results of operations for the year ended December 31, 2018:



	Three Months Ended,
($ in thousands, except per share data)	March 31, 2018			June 30, 2018		September 30, 2018		December 31, 2018
Interest income	$	98,707		$	105,185	$	107,774	$	111,130
Interest expense	27,269			32,421		36,582		40,448
Net interest income	71,438			72,764		71,192		70,682
Provision for loan losses	19,499			2,653		1,410		6,653
Noninterest income	8,582			8,061		4,824		2,448
Noninterest expense	59,800			62,539		60,877		49,569
Income from continuing operations before income taxes	721			15,633		13,729		16,908
Income tax (benefit) expense	(6,353		)	1,779		3,301		6,117
Income from continuing operations	7,074			13,854		10,428		10,791
Income from discontinued operations before income taxes	2,044			1,281		924		347
Income tax expense	560			355		256		100
Income from discontinued operations	1,484			926		668		247
Net income	8,558			14,780		11,096		11,038
Dividends on preferred stock	5,113			5,113		4,970		4,308
Impact of preferred stock redemption	—			—		2,307		—
Net income available to common stockholders	$	3,445		$	9,667	$	3,819	$	6,730
Basic earnings per common share
Income from continuing operations	$	0.03		$	0.17	$	0.06	$	0.12
Income from discontinued operations	0.03			0.02		0.01		0.01
Net income	$	0.06		$	0.19	$	0.07	$	0.13
Diluted earnings per common share
Income from continuing operations	$	0.03		$	0.16	$	0.06	$	0.12
Income from discontinued operations	0.03			0.02		0.01		0.01
Net income	$	0.06		$	0.18	$	0.07	$	0.13
Basic earnings per class B common share
Income from continuing operations	$	0.03		$	0.17	$	0.06	$	0.12
Income from discontinued operations	0.03			0.02		0.01		0.01
Net income	$	0.06		$	0.19	$	0.07	$	0.13
Diluted earnings per class B common share
Income from continuing operations	$	0.03		$	0.17	$	0.06	$	0.12
Income from discontinued operations	0.03			0.02		0.01		0.01
Net income	$	0.06		$	0.19	$	0.07	$	0.13

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 expense (benefit)	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