Note

–

Quarterly Results of Operations (unaudited)

The following table reports quarterly results of operations (unaudited) for

2016,

2015

and

2014:

	2016
(dollars in thousands except per share data)	Fourth Quarter		Third Quarter		Second Quarter		First Quarter
Total interest income	$	75,795	$	72,431	$	69,772	$	67,807
Total interest expense		8,771		7,703		5,950		5,216
Net interest income		67,024		64,728		63,822		62,591
Provision for credit losses		2,112		2,288		3,888		3,043
Net interest income after provision for credit losses		64,912		62,440		59,934		59,548
Noninterest income		7,014		6,405		7,575		6,290
Noninterest expense		29,780		28,838		28,295		28,103
Income before income tax expense		42,146		40,007		39,214		37,735
Income tax expense		16,429		15,484		15,069		14,413
Net income		25,717		24,523		24,145		23,322
Net income available to common shareholders	$	25,717	$	24,523	$	24,145	$	23,322
Earnings per common share
Basic (1)	$	0.76	$	0.73	$	0.72	$	0.70
Diluted (1)	$	0.75	$	0.72	$	0.71	$	0.68

	2015
(dollars in thousands except per share data)	Fourth Quarter		Third Quarter		Second Quarter		First Quarter
Total interest income	$	67,311	$	63,981	$	62,423	$	59,465
Total interest expense		4,735		4,896		4,873		4,734
Net interest income		62,576		59,085		57,550		54,731
Provision for credit losses		4,595		3,262		3,471		3,310
Net interest income after provision for credit losses		57,981		55,823		54,079		51,421
Noninterest income		6,492		6,099		6,233		7,804
Noninterest expense		28,640		27,405		26,598		28,073
Income before income tax expense		35,833		34,517		33,714		31,152
Income tax expense		13,485		13,054		12,776		11,734
Net income		22,348		21,463		20,938		19,418
Preferred stock dividends and discount accretion		62		180		179		180
Net income available to common shareholders	$	22,286	$	21,283	$	20,759	$	19,238
Earnings per common share
Basic (1)	$	0.67	$	0.64	$	0.62	$	0.62
Diluted (1)	$	0.65	$	0.63	$	0.61	$	0.61

	2014
(dollars in thousands except per share data)	Fourth Quarter		Third Quarter		Second Quarter		First Quarter
Total interest income	$	56,091	$	47,886	$	44,759	$	42,837
Total interest expense		4,275		3,251		2,739		2,830
Net interest income		51,816		44,635		42,020		40,007
Provision for credit losses		3,700		2,111		3,134		1,934
Net interest income after provision for credit losses		48,116		42,524		38,886		38,073
Noninterest income		5,310		4,761		3,811		4,463
Noninterest expense		29,352		25,143		22,135		23,098
Income before income tax expense		24,074		22,142		20,562		19,438
Income tax expense		9,347		8,054		7,618		6,939
Net income		14,727		14,088		12,944		12,499
Preferred stock dividends and discount accretion		180		151		142		141
Net income available to common shareholders	$	14,547	$	13,937	$	12,802	$	12,358
Earnings per common share
Basic (1)	$	0.51	$	0.54	$	0.49	$	0.48
Diluted (1)	$	0.49	$	0.52	$	0.48	$	0.47

(1)

Earnings per common share are calculated on a quarterly basis and

may

not be additive to the year to date

amount.