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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 256.6 $ 241.5
Interest bearing deposits in banks 612.5 835.2
Federal funds sold 0.1 0.1
Total cash and cash equivalents 869.2 1,076.8
Investment securities:    
Available-for-sale 3,000.3 2,960.0
Held-to-maturity, net (estimated fair values of $72.6 and $94.5 at March 31, 2020 and December 31, 2019, respectively) 70.2 92.3
Total investment securities 3,070.5 3,052.3
Loans held for investment 8,918.0 8,930.7
Mortgage loans held for sale 94.4 100.9
Total loans, net of deferred fees and costs 9,012.4 9,031.6
Less allowance for credit losses 129.1 73.0
Net loans 8,883.3 8,958.6
Goodwill 621.6 621.6
Company-owned life insurance 295.3 293.8
Premises and equipment, net of accumulated depreciation 308.5 306.0
Core deposit intangibles, net of accumulated amortization 59.2 62.1
Accrued interest receivable 46.3 46.7
Mortgage servicing rights, net of accumulated amortization and impairment reserve 27.8 30.2
Other real estate owned (“OREO”) 8.2 8.5
Other assets 221.5 187.6
Total assets 14,411.4 14,644.2
Deposits:    
Non-interest bearing 3,309.3 3,426.5
Interest bearing 8,255.8 8,237.0
Total deposits 11,565.1 11,663.5
Securities sold under repurchase agreements 614.1 697.6
Accounts payable and accrued expenses 138.5 129.6
Accrued interest payable 10.3 12.1
Deferred tax liability, net 24.4 26.7
Long-term debt 13.9 13.9
Allowance for credit losses on off-balance sheet credit exposures 2.1 0.0
Subordinated debentures held by subsidiary trusts 86.9 86.9
Total liabilities 12,455.3 12,630.3
Stockholders’ equity:    
Nonvoting noncumulative preferred stock without par value; authorized 100,000 shares; no shares issued and outstanding as of March 31, 2020 or December 31, 2019 0.0 0.0
Common stock 1,018.7 1,049.3
Retained earnings 897.6 953.6
Accumulated other comprehensive gain, net 39.8 11.0
Total stockholders’ equity 1,956.1 2,013.9
Total liabilities and stockholders’ equity $ 14,411.4 $ 14,644.2