Accounting for Investments in Qualified Affordable Housing Projects - Summary of Change in Accounting Principle on Statements of Income (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
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Jun. 30, 2013
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Interest and dividend income | $ 31,176 | $ 30,379 | $ 62,403 | $ 59,774 |
Interest expense | 3,183 | 3,225 | 6,453 | 7,016 |
Net interest income | 27,993 | 27,154 | 55,950 | 52,758 |
Non-interest income | 5,073 | 6,738 | 10,901 | 13,887 |
Non-interest expense | 18,557 | 18,607 | 36,830 | 36,263 |
Income before provision for income taxes | 18,375 | 15,285 | 37,187 | 30,382 |
Provision for income taxes | 6,866 | 5,958 | 14,710 | 10,926 |
Income from continuing operations | 11,509 | 9,327 | 22,477 | 19,456 |
Earnings per share from continuing operations | ||||
Basic | $ 0.36 | $ 0.30 | $ 0.71 | $ 0.62 |
Diluted | $ 0.36 | $ 0.29 | $ 0.70 | $ 0.62 |
As Previously Reported [Member]
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Interest and dividend income | 30,379 | 59,774 | ||
Interest expense | 3,225 | 7,016 | ||
Net interest income | 27,154 | 52,758 | ||
Non-interest income | 6,738 | 13,887 | ||
Non-interest expense | 18,796 | 36,640 | ||
Income before provision for income taxes | 15,096 | 30,005 | ||
Provision for income taxes | 5,737 | 10,465 | ||
Income from continuing operations | 9,359 | 19,540 | ||
Earnings per share from continuing operations | ||||
Basic | $ 0.30 | $ 0.62 | ||
Diluted | $ 0.29 | $ 0.62 | ||
Effect of Change in Accounting Principle [Member]
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Non-interest expense | (189) | (377) | ||
Income before provision for income taxes | 189 | 377 | ||
Provision for income taxes | 221 | 461 | ||
Income from continuing operations | $ (32) | $ (84) |
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- Details
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net amount of operating interest income (expense). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total aggregate amount of all noninterest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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