Net interest income was $115.6m for the quarter, compared to $113.7m in the previous year quarter.
The increase in net interest income was attributable to a decrease in interest expense of $6.6m, partially offset by a decrease in interest income of $4.6m.
Noninterest income for the quarter increased 11% to $73.2m, compared to $65.9m for the same period a year ago.
The increase in Noninterest income was driven by production revenues and gain on sale of loans which increased by $35.7m to $55.6m.
Banking and wealth management segment’s adjusted pre-tax income was $65.2m for the quarter while mortgage banking segment’s adjusted pre-tax income was $5.3m.
EverBank president and COO Blake Wilson said that all of the bank’s asset origination platforms had strong performance in the first quarter.
"The addition of MetLife Bank’s Warehouse Finance business following the quarter will further diversify our origination capabilities and continue to drive our sustained growth," Wilson said.
