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Selected Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | The following table presents selected quarterly data for the years ended December 31, 2021 and 2020.
| 2021
(amounts in thousands, except per share data) | December 31 |  | September 30 |  | June 30 |  | March 31
Quarter Ended |
Interest income | $ | 214,037 |  |  | $ | 242,851 |  |  | $ | 162,881 |  |  | $ | 161,115 |
Interest expense | 20,343 |  |  | 22,959 |  |  | 24,124 |  |  | 28,384 |
Net interest income | 193,694 |  |  | 219,892 |  |  | 138,757 |  |  | 132,731 |
Provision (benefit) for credit losses on loans and leases | 13,890 |  |  | 13,164 |  |  | 3,291 |  |  | (2,919) |
Non-interest income | 16,991 |  |  | 25,586 |  |  | 16,822 |  |  | 18,468 |
Non-interest expenses | 81,548 |  |  | 80,009 |  |  | 70,823 |  |  | 61,927 |
Income before income taxes | 115,247 |  |  | 152,305 |  |  | 81,465 |  |  | 92,191 |
Provision for income taxes | 12,993 |  |  | 36,263 |  |  | 20,124 |  |  | 17,560 |
Net income from continuing operations | 102,254 |  |  | 116,042 |  |  | 61,341 |  |  | 74,631 |
Loss from discontinued operations before income tax expense (benefit) | — |  |  | — |  |  | — |  |  | (20,354) |
Income tax expense (benefit) from discontinued operations | 1,585 |  |  | — |  |  | — |  |  | 17,682 |
Net loss from discontinued operations | (1,585) |  |  | — |  |  | — |  |  | (38,036) |
Net income | 100,669 |  |  | 116,042 |  |  | 61,341 |  |  | 36,595 |
Preferred stock dividends | 2,022 |  |  | 2,981 |  |  | 3,299 |  |  | 3,391 |
Loss on redemption of preferred stock | — |  |  | 2,820 |  |  | — |  |  | — |
Net income (loss) available (attributable) to common shareholders | $ | 98,647 |  |  | $ | 110,241 |  |  | $ | 58,042 |  |  | $ | 33,204 |
Earnings per common share: |  |  |  |  |  |  |
Basic earnings (loss) from continuing operations per common share | $ | 3.07 |  |  | $ | 3.40 |  |  | $ | 1.80 |  |  | $ | 2.23 |
Basic earnings (loss) per common share | $ | 3.02 |  |  | $ | 3.40 |  |  | $ | 1.80 |  |  | $ | 1.04 |
Diluted earnings (loss) from continuing operations per common share | $ | 2.92 |  |  | $ | 3.25 |  |  | $ | 1.72 |  |  | $ | 2.17 |
Diluted earnings (loss) per common share | $ | 2.87 |  |  | $ | 3.25 |  |  | $ | 1.72 |  |  | $ | 1.01 |
| 2020
(amounts in thousands, except per share data) | December 31 |  | September 30 |  | June 30 |  | March 31
Quarter Ended |
Interest income | $ | 153,093 |  |  | $ | 139,650 |  |  | $ | 125,218 |  |  | $ | 125,343 |
Interest expense | 30,147 |  |  | 32,211 |  |  | 33,236 |  |  | 44,022 |
Net interest income | 122,946 |  |  | 107,439 |  |  | 91,982 |  |  | 81,321 |
Provision (benefit) for credit losses on loans and leases | (2,913) |  |  | 12,955 |  |  | 20,946 |  |  | 31,786 |
Non-interest income | 16,083 |  |  | 24,864 |  |  | 11,711 |  |  | 11,160 |
Non-interest expenses | 59,933 |  |  | 56,285 |  |  | 49,791 |  |  | 48,967 |
Income before income taxes | 82,009 |  |  | 63,063 |  |  | 32,956 |  |  | 11,728 |
Provision for income taxes | 23,447 |  |  | 12,016 |  |  | 7,980 |  |  | 3,274 |
Net income from continuing operations | 58,562 |  |  | 51,047 |  |  | 24,976 |  |  | 8,454 |
Loss from discontinued operations before income tax expense (benefit) | (3,539) |  |  | (347) |  |  | (3,190) |  |  | (6,722) |
Income tax expense (benefit) from discontinued operations | (1,222) |  |  | 185 |  |  | (932) |  |  | (1,368) |
Net loss from discontinued operations | (2,317) |  |  | (532) |  |  | (2,258) |  |  | (5,354) |
Net income | 56,245 |  |  | 50,515 |  |  | 22,718 |  |  | 3,100 |
Preferred stock dividends | 3,414 |  |  | 3,430 |  |  | 3,581 |  |  | 3,615 |
Net income (loss) available (attributable) to common shareholders | $ | 52,831 |  |  | $ | 47,085 |  |  | $ | 19,137 |  |  | $ | (515) |
Earnings per common share: |  |  |  |  |  |  |
Basic earnings (loss) from continuing operations per common share | $ | 1.74 |  |  | $ | 1.51 |  |  | $ | 0.68 |  |  | $ | 0.15 |
Basic earnings (loss) per common share | $ | 1.67 |  |  | $ | 1.49 |  |  | $ | 0.61 |  |  | $ | (0.02) |
Diluted earnings (loss) from continuing operations per common share | $ | 1.73 |  |  | $ | 1.50 |  |  | $ | 0.68 |  |  | $ | 0.15 |
Diluted earnings (loss) per common share | $ | 1.65 |  |  | $ | 1.48 |  |  | $ | 0.61 |  |  | $ | (0.02) |

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124502072&loc=d3e1280-108306 + Details
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