XML 70 R57.htm IDEA: XBRL DOCUMENT v3.21.1
Fair Value Measurements - Schedule of Estimated Fair Values of Financial Instruments by Level of Valuation Inputs (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Financial assets:    
Investment debt securities available-for-sale $ 4,020.1 $ 4,008.7
Investment debt securities held-to-maturity 855.6 55.0
Derivative assets 49.4 55.3
Financial liabilities:    
Derivative liabilities 47.0 53.3
Carrying Amount    
Financial assets:    
Cash and cash equivalents 2,196.0 2,276.8
Investment debt securities available-for-sale 4,020.1 4,008.7
Investment debt securities held-to-maturity 866.3 51.6
Accrued interest receivable 50.0 51.1
Mortgage servicing rights, net 28.0 24.0
Loans held for sale 57.2 74.0
Net loans held for investment 9,726.6 9,663.2
Derivative assets 49.4 55.3
Deferred compensation plan assets 18.9 19.1
Total financial assets 17,012.5 16,223.8
Financial liabilities:    
Total deposits, excluding time deposits 14,057.7 13,158.3
Time deposits 1,036.3 1,058.7
Securities sold under repurchase agreements 1,052.6 1,091.4
Accrued interest payable 6.9 5.8
Long-term debt 112.4 112.4
Subordinated debentures held by subsidiary trusts 87.0 87.0
Derivative liabilities 47.0 53.3
Deferred compensation plan liabilities 18.9 19.1
Total financial liabilities 16,418.8 15,586.0
Estimated Fair Value    
Financial assets:    
Cash and cash equivalents 2,196.0 2,276.8
Investment debt securities available-for-sale 4,020.1 4,008.7
Investment debt securities held-to-maturity 855.6 55.0
Accrued interest receivable 50.0 51.1
Mortgage servicing rights, net 29.0 24.0
Loans held for sale 57.2 74.0
Net loans held for investment 9,836.9 9,785.6
Derivative assets 49.4 55.3
Deferred compensation plan assets 18.9 19.1
Total financial assets 17,113.1 16,349.6
Financial liabilities:    
Total deposits, excluding time deposits 14,057.7 13,158.3
Time deposits 1,037.2 1,061.1
Securities sold under repurchase agreements 1,052.6 1,091.4
Accrued interest payable 6.9 5.8
Long-term debt 120.1 116.5
Subordinated debentures held by subsidiary trusts 78.3 81.3
Derivative liabilities 47.0 53.3
Deferred compensation plan liabilities 18.9 19.1
Total financial liabilities 16,418.7 15,586.8
Quoted Prices in Active Markets for Identical Assets (Level 1) | Estimated Fair Value    
Financial assets:    
Cash and cash equivalents 2,196.0 2,276.8
Investment debt securities available-for-sale 0.0 0.0
Investment debt securities held-to-maturity 0.0 0.0
Accrued interest receivable 0.0 0.0
Mortgage servicing rights, net 0.0 0.0
Loans held for sale 0.0 0.0
Net loans held for investment 0.0 0.0
Derivative assets 0.0 0.0
Deferred compensation plan assets 0.0 0.0
Total financial assets 2,196.0 2,276.8
Financial liabilities:    
Total deposits, excluding time deposits 14,057.7 13,158.3
Time deposits 0.0 0.0
Securities sold under repurchase agreements 0.0 0.0
Accrued interest payable 0.0 0.0
Long-term debt 0.0 0.0
Subordinated debentures held by subsidiary trusts 0.0 0.0
Derivative liabilities 0.0 0.0
Deferred compensation plan liabilities 0.0 0.0
Total financial liabilities 14,057.7 13,158.3
Significant Other Observable Inputs (Level 2) | Estimated Fair Value    
Financial assets:    
Cash and cash equivalents 0.0 0.0
Investment debt securities available-for-sale 4,020.1 4,008.7
Investment debt securities held-to-maturity 855.6 55.0
Accrued interest receivable 50.0 51.1
Mortgage servicing rights, net 29.0 24.0
Loans held for sale 57.2 74.0
Net loans held for investment 9,819.7 9,770.9
Derivative assets 49.4 55.3
Deferred compensation plan assets 18.9 19.1
Total financial assets 14,899.9 14,058.1
Financial liabilities:    
Total deposits, excluding time deposits 0.0 0.0
Time deposits 1,037.2 1,061.1
Securities sold under repurchase agreements 1,052.6 1,091.4
Accrued interest payable 6.9 5.8
Long-term debt 120.1 116.5
Subordinated debentures held by subsidiary trusts 78.3 81.3
Derivative liabilities 47.0 53.3
Deferred compensation plan liabilities 18.9 19.1
Total financial liabilities 2,361.0 2,428.5
Significant Unobservable Inputs (Level 3) | Estimated Fair Value    
Financial assets:    
Cash and cash equivalents 0.0 0.0
Investment debt securities available-for-sale 0.0 0.0
Investment debt securities held-to-maturity 0.0 0.0
Accrued interest receivable 0.0 0.0
Mortgage servicing rights, net 0.0 0.0
Loans held for sale 0.0 0.0
Net loans held for investment 17.2 14.7
Derivative assets 0.0 0.0
Deferred compensation plan assets 0.0 0.0
Total financial assets 17.2 14.7
Financial liabilities:    
Total deposits, excluding time deposits 0.0 0.0
Time deposits 0.0 0.0
Securities sold under repurchase agreements 0.0 0.0
Accrued interest payable 0.0 0.0
Long-term debt 0.0 0.0
Subordinated debentures held by subsidiary trusts 0.0 0.0
Derivative liabilities 0.0 0.0
Deferred compensation plan liabilities 0.0 0.0
Total financial liabilities $ 0.0 $ 0.0