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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 166.2 $ 174.2
Interest-bearing deposits in other financial institutions 350.2 2,497.5
Cash, cash equivalents and restricted cash 516.4 2,671.7
Debt Securities, Available-for-sale 6,188.8 4,708.5
Investment securities - HTM, at amortized cost; fair value of $516,261 at December 31, 2019 and $298,648 at December 31, 2018 1,107.1 568.8
Debt Securities, Held-to-maturity, Allowance for Credit Loss (5.2) (6.8)
Debt Securities, Held-to-maturity, Net 1,101.9 562.0
Investment securities - equity 158.5 167.3
Investments in restricted stock, at cost 91.7 67.0
Financing Receivable, Held-for-Sale 5,635.1 0.0
Loans:    
Loans and Leases Receivable, Net of Deferred Income 39,075.4 27,053.0
Less: allowance for credit losses (252.5) (278.9)
Loans and Leases Receivable, Net Amount, Total 38,822.9 26,774.1
Premises and equipment, net 181.9 134.1
Operating lease right of use asset 133.0 72.5
Bank owned life insurance 180.2 176.3
Goodwill and intangible assets, net 634.8 298.5
Deferred tax assets, net 20.9 31.3
Investments in LIHTC and renewable energy 631.3 405.6
Other assets 987.2 392.1
Total assets 55,982.6 36,461.0
Deposits:    
Non-interest-bearing demand 21,353.4 13,463.3
Interest-bearing 26,258.6 18,467.2
Total deposits 47,612.0 31,930.5
Customer repurchase agreements 16.6 16.0
Other borrowings 1,501.9 21.0
Qualifying debt 895.8 548.7
Operating lease liability 142.8 79.9
Other liabilities 867.5 467.4
Total liabilities 51,020.0 33,047.5
Commitments and contingencies (Note 18)
Stockholders’ equity:    
Common Stocks, Including Additional Paid in Capital 1,966.2 1,390.9
Treasury stock, at cost (2,003,873 shares at December 31, 2019 and 1,793,231 shares at December 31, 2018) (86.8) (71.1)
Accumulated other comprehensive income 15.7 92.3
Retained earnings 2,773.0 2,001.4
Total stockholders’ equity 4,962.6 3,413.5
Total liabilities and stockholders’ equity 55,982.6 36,461.0
Debt Securities, Available-for-sale, Amortized Cost 6,166.5 4,586.4
Debt Securities, Held-to-maturity, Fair Value $ 1,146.4 $ 611.8
Common stock, par value $ 0.0001 $ 0.0001
Common stock, shares authorized 200,000,000 200,000,000
Common Stock, Shares, Issued 108,981,341 103,013,290
Treasury Stock, Shares 2,350,021 2,169,397
Servicing Asset $ 698.0 $ 0.0
Preferred Stock, Value, Issued $ 294.5 $ 0.0
Preferred Stock, Par or Stated Value Per Share $ 0.0001  
Preferred Stock, Liquidation Preference Per Share $ 25  
Preferred Stock, Shares Authorized 20,000,000  
Preferred Stock, Shares Outstanding 12,000,000 0