Annual report pursuant to Section 13 and 15(d)

QUARTERLY FINANCIAL DATA (UNAUDITED)

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QUARTERLY FINANCIAL DATA (UNAUDITED)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
QUARTERLY FINANCIAL DATA (UNAUDITED)
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.
 
 
 
2015 Quarter Ended
 
 
 
(Dollars in thousands, except per share data)
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
Interest income
 
$
40,783
 
$
44,209
 
$
46,532
 
$
48,451
 
Interest expense
 
 
3,746
 
 
3,998
 
 
4,670
 
 
5,290
 
Net interest income
 
 
37,037
 
 
40,211
 
 
41,862
 
 
43,161
 
Provision for loan losses
 
 
2,405
 
 
4,062
 
 
3,072
 
 
3,308
 
Net income available to common stockholders
 
 
12,955
 
 
14,346
 
 
16,233
 
 
19,726
 
Net income per common share, basic
 
$
0.51
 
$
0.56
 
$
0.63
 
$
0.76
 
Net income per common share, diluted
 
$
0.49
 
$
0.54
 
$
0.61
 
$
0.74
 
 
 
 
2014 Quarter Ended
 
 
 
(Dollars in thousands, except per share data)
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
Interest income
 
$
34,281
 
$
35,424
 
$
36,857
 
$
38,163
 
Interest expense
 
 
3,432
 
 
3,446
 
 
3,538
 
 
3,703
 
Net interest income
 
 
30,849
 
 
31,978
 
 
33,319
 
 
34,460
 
Provision for loan losses
 
 
2,314
 
 
2,438
 
 
2,748
 
 
2,759
 
Net income available to common stockholders
 
 
11,658
 
 
11,469
 
 
13,902
 
 
14,917
 
Net income per common share, basic
 
$
0.53
 
$
0.49
 
$
0.56
 
$
0.60
 
Net income per common share, diluted
 
$
0.51
 
$
0.46
 
$
0.54
 
$
0.58