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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest and dividend income:      
Commercial real estate $ 556.4 $ 463.4 $ 405.7
Commercial and industrial 443.6 365.7 298.8
Equipment financing 253.8 212.3 152.1
Residential mortgage 329.1 236.2 207.5
Home equity and other consumer 106.1 88.6 80.0
Interest and Fee Income, Loans and Leases Held-in-portfolio, Total 1,689.0 1,366.2 1,144.1
Securities 186.5 184.2 153.7
Short-term investments 4.8 5.0 3.7
Loans held-for-sale 0.8 0.9 0.9
Total interest and dividend income 1,881.1 1,556.3 1,302.4
Interest expense:      
Deposits (note 10) 356.9 216.1 130.7
Borrowings (note 11) 77.0 70.9 41.3
Notes and debentures 34.9 33.3 29.9
Total interest expense 468.8 320.3 201.9
Net interest income 1,412.3 1,236.0 1,100.5
Provision for loan losses (note 5) 28.3 30.0 26.0
Net interest income after provision for loan losses 1,384.0 1,206.0 1,074.5
Non-interest income:      
Operating lease income (note 6) 51.2    
Operating lease income (note 6)   44.9 43.8
Cash management fees 28.4 27.1 26.1
Net security gains (losses) (note 4) 0.2 (9.8) (25.4)
Other non-interest income (notes 4 and 6) 85.9 50.9 62.6
Total non-interest income 431.1 366.4 352.9
Non-interest expense:      
Compensation and benefits (notes 18 and 19) 646.2 562.9 522.7
Occupancy and equipment (note 8) 185.9 168.2 159.6
Professional and outside services 98.2 77.6 81.5
Regulatory assessments 26.1 37.9 41.7
Operating lease expense 38.8 36.4 35.2
Amortization of other acquisition-related intangible assets (note 7) 32.5 21.8 30.0
Other non-interest expense 135.0 91.3 89.6
Total non-interest expense 1,162.7 996.1 960.3
Income before income tax expense 652.4 576.3 467.1
Income tax expense (benefit) 132.0 108.2 129.9
Net income 520.4 468.1 337.2
Preferred stock dividend 14.1 14.1 14.1
Net income available to common shareholders $ 506.3 $ 454.0 $ 323.1
Earnings per common share (note 16):      
Basic (in dollars per share) $ 1.28 $ 1.30 $ 0.98
Diluted (in dollars per share) $ 1.27 $ 1.29 $ 0.97
Bank Service Charges [Member]      
Non-interest income:      
Revenue from contract with customer $ 107.5 $ 99.9 $ 98.5
Investment Management Fees [Member]      
Non-interest income:      
Revenue from contract with customer 67.6 68.7 66.5
Commercial Banking Lending Fees [Member]      
Non-interest income:      
Revenue from contract with customer 42.7 37.3 35.5
Insurance Revenue [Member]      
Non-interest income:      
Revenue from contract with customer 37.0 34.6 33.2
Brokerage Commissions [Member]      
Non-interest income:      
Revenue from contract with customer $ 10.6 $ 12.8 $ 12.1