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Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

The following tables are a summary of certain quarterly financial data for the years ended December 31, 2020 and 2019.

			2020 Quarters Ended
			March 31						June 30						September 30						December 31
			(In thousands, except per share data)
Interest income			$	88,169					81,537						93,453						100,150
Interest expense			16,148						11,709						11,468						11,412
Net interest income			72,021						69,828						81,985						88,738
Provision for credit losses			14,717						10,900						6,400						(2,298)
Net interest income after provision for loan losses			57,304						58,928						75,585						91,036
Non-interest income			16,991						14,365						20,626						20,448
Non-interest expense			54,107						55,267						59,783						58,571
Income before income tax expense			20,188						18,026						36,428						52,913
Income tax expense			5,257						3,715						9,285						12,346
Net income			$	14,931					14,311						27,143						40,567
Basic earnings per share			$	0.23					0.22						0.37						0.53
Diluted earnings per share			0.23						0.22						0.37						0.53

			2019 Quarters Ended
			March 31						June 30						September 30						December 31
			(In thousands, except per share data)
Interest income			$	92,411					95,648						93,026						90,385
Interest expense			17,404						19,093						19,498						17,502
Net interest income			75,007						76,555						73,528						72,883
Provision for credit losses			200						9,500						500						2,900
Net interest income after provision for loan losses			74,807						67,055						73,028						69,983
Non-interest income			12,188						15,834						18,047						17,725
Non-interest expense			48,416						49,694						49,738						53,731
Income before income tax expense			38,579						33,195						41,337						33,977
Income tax expense			7,689						8,802						9,938						8,026
Net income			$	30,890					24,393						31,399						25,951
Basic earnings per share			$	0.48					0.38						0.49						0.40
Diluted earnings per share			0.48						0.38						0.49						0.40

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- References

No definition available.

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- 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

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