Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data

v3.10.0.1
Quarterly Financial Data
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information Quarterly Financial Data - Unaudited
 
2018 Quarter Ended
(in thousands, except share data)
March 31
 
June 30
 
September 30
 
December 31
Total interest income
$
194,019

 
$
187,360

 
$
236,698

 
$
251,955

Total interest expense
96,560

 
108,414

 
152,396

 
162,301

Net interest income
97,459

 
78,946

 
84,302

 
89,654

Other-than-temporary impairment losses
(94
)
 
(174
)
 
(95
)
 
(107
)
Total other income (loss)
281,982

 
93,174

 
112,514

 
(590,696
)
Total expenses
40,754

 
38,507

 
123,366

 
46,705

Provision for (benefit from) income taxes
3,784

 
(6,051
)
 
37,409

 
6,681

Dividends on preferred stock
13,747

 
13,747

 
18,951

 
18,950

Net income (loss) attributable to common stockholders
$
321,062

 
$
125,743

 
$
16,995

 
$
(573,485
)
Basic earnings per share:

 

 

 

Continuing operations
$
1.83

 
$
0.72

 
$
0.08

 
$
(2.31
)
Net income (loss)
$
1.83

 
$
0.72

 
$
0.08

 
$
(2.31
)
Diluted earnings per share:
 
 
 
 
 
 
 
Continuing operations
$
1.69

 
$
0.68

 
$
0.08

 
$
(2.31
)
Net income (loss)
$
1.69

 
$
0.68

 
$
0.08

 
$
(2.31
)
 
2017 Quarter Ended
(in thousands, except share data)
March 31
 
June 30
 
September 30
 
December 31
Total interest income
$
169,154

 
$
184,741

 
$
196,089

 
$
195,105

Total interest expense
70,685

 
85,281

 
99,427

 
94,795

Net interest income
98,469

 
99,460

 
96,662

 
100,310

Other-than-temporary impairment losses

 
(429
)
 

 
(360
)
Total other (loss) income
(35,585
)
 
(57,197
)
 
23,060

 
103,288

Total expenses
28,870

 
38,614

 
31,844

 
30,593

(Benefit from) provision for income taxes
(24,517
)
 
8,759

 
(5,342
)
 
10,618

Income from discontinued operations (net of noncontrolling), net of tax
13,454

 
14,157

 
8,844

 
3,877

Dividends on preferred stock

 
4,285

 
8,888

 
11,949

Net income attributable to common stockholders
$
71,985

 
$
4,333

 
$
93,176

 
$
153,955

Basic earnings per share:
 
 
 
 
 
 
 
Continuing operations
$
0.33

 
$
(0.06
)
 
$
0.48

 
$
0.86

Discontinued operations
0.08

 
0.08

 
0.05

 
0.02

Net income
$
0.41

 
$
0.02

 
$
0.53

 
$
0.88

Diluted earnings per share:
 
 
 
 
 
 
 
Continuing operations
$
0.33

 
$
(0.06
)
 
$
0.47

 
$
0.82

Discontinued operations
0.08

 
0.08

 
0.05

 
0.02

Net income
$
0.41

 
$
0.02

 
$
0.52

 
$
0.84