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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 291.4 $ 241.5
Interest bearing deposits in banks 1,569.1 835.2
Federal funds sold 0.1 0.1
Total cash and cash equivalents 1,860.6 1,076.8
Investment securities:    
Available-for-sale 3,453.5 2,960.0
Held-to-maturity, net (estimated fair values of $58.4 and $94.5 at September 30, 2020 and December 31, 2019, respectively) 55.0 92.3
Total investment securities 3,508.5 3,052.3
Mortgage loans held for sale, at fair value 102.0 100.9
Loans held for investment, net of deferred fees and costs 10,152.2 8,930.7
Allowance for credit losses 145.5 73.0
Net loans held for investment 10,006.7 8,857.7
Goodwill 621.6 621.6
Company-owned life insurance 294.9 293.8
Premises and equipment, net of accumulated depreciation 307.8 306.0
Core deposit intangibles, net of accumulated amortization 53.8 62.1
Accrued interest receivable 56.7 46.7
Mortgage servicing rights, net of accumulated amortization and impairment reserve 24.1 30.2
Other real estate owned (“OREO”) 5.7 8.5
Other assets 227.1 187.6
Total assets 17,069.5 14,644.2
Deposits:    
Non-interest bearing 4,798.2 3,426.5
Interest bearing 9,084.2 8,237.0
Total deposits 13,882.4 11,663.5
Securities sold under repurchase agreements 820.3 697.6
Accounts payable and accrued expenses 148.5 129.6
Accrued interest payable 8.1 12.1
Deferred tax liability, net 29.8 26.7
Long-term debt 112.4 13.9
Allowance for credit losses on off-balance sheet credit exposures 3.4 0.0
Subordinated debentures held by subsidiary trusts 87.0 86.9
Total liabilities 15,091.9 12,630.3
Stockholders’ equity:    
Nonvoting noncumulative preferred stock without par value; authorized 100,000 shares; no shares issued and outstanding as of September 30, 2020 or December 31, 2019 0.0 0.0
Common stock 976.8 1,049.3
Retained earnings 938.9 953.6
Accumulated other comprehensive income, net 61.9 11.0
Total stockholders’ equity 1,977.6 2,013.9
Total liabilities and stockholders’ equity $ 17,069.5 $ 14,644.2
Preferred Stock, Shares Authorized 100,000 100,000
Preferred Stock, Shares Issued 0 0
Preferred Stock, Shares Outstanding 0 0