Annual report pursuant to Section 13 and 15(d)

Note 24 - Quarterly Financial Data (Unaudited)

v3.10.0.1
Note 24 - Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
NOTE
24.
QUARTERLY FINANCIAL DATA (UNAUDITED)
 
The following table sets forth certain unaudited quarterly financial data derived from our consolidated financial statements. Such data is only a summary and should be read in conjunction with our historical consolidated financial statements and related notes continued in this annual report on Form
10
-K.
 
    2018 Quarter Ended
    (Dollars in thousands, except per share data)
    March 31   June 30   September 30   December 31
Interest income   $
74,009
    $
78,396
    $
84,058
    $
90,164
 
Interest expense    
11,573
     
13,874
     
17,195
     
21,306
 
Net interest income    
62,436
     
64,522
     
66,863
     
68,858
 
Provision for loan losses    
4,139
     
4,121
     
6,624
     
6,518
 
Net income available to common stockholders    
32,603
     
33,509
     
34,560
     
36,205
 
Net income per common share, basic   $
0.61
    $
0.63
    $
0.65
    $
0.68
 
Net income per common share, diluted   $
0.60
    $
0.62
    $
0.64
    $
0.67
 
 
    2017 Quarter Ended
    (Dollars in thousands, except per share data)
    March 31   June 30   September 30   December 31
Interest income   $
59,517
    $
63,538
    $
67,641
    $
72,060
 
Interest expense    
7,465
     
7,971
     
9,245
     
10,652
 
Net interest income    
52,052
     
55,567
     
58,396
     
61,408
 
Provision for loan losses    
4,986
     
4,381
     
4,803
     
9,055
 
Net income available to common stockholders    
22,519
     
24,133
     
25,259
     
21,119
 
Net income per common share, basic   $
0.42
    $
0.46
    $
0.48
    $
0.40
 
Net income per common share, diluted   $
0.41
    $
0.45
    $
0.47
    $
0.39