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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 332.9 $ 349.2
Interest bearing deposits in banks 747.7 521.2
Federal funds sold 0.1 0.1
Total cash and cash equivalents 1,080.7 870.5
Investment securities:    
Available-for-sale, net of allowance for credit losses of $2.6 at March 31, 2023 and $0.0 at December 31, 2022 (amortized cost of $6,582.2 at March 31, 2023 and $7,573.5 at December 31, 2022) 6,049.3 6,946.1
Held-to-maturity, net of allowance for credit losses of $0.7 at March 31, 2023 and $1.9 at December 31, 2022 (estimated fair values of $3,025.8 at March 31, 2023 and $3,052.2 at December 31, 2022) 3,376.2 3,451.8
Total investment securities 9,425.5 10,397.9
Federal Home Loan Bank Stock and Federal Reserve Bank Stock 214.5 198.6
Loans held for sale 80.9 79.9
Loans held for investment, net of deferred fees and costs 18,245.7 18,099.2
Allowance for credit losses 226.1 220.1
Net loans held for investment 18,019.6 17,879.1
Goodwill 1,100.9 1,100.9
Bank Owned Life Insurance 499.4 497.9
Premises and equipment, net of accumulated depreciation 443.4 444.7
Other intangibles, net of accumulated amortization 93.0 97.0
Accrued interest receivable 113.7 118.3
Mortgage servicing rights, net of accumulated amortization and impairment reserve 30.1 31.1
Real Estate Acquired Through Foreclosure 13.4 12.7
Deferred tax assets 173.2 210.5
Other assets 349.4 348.7
Total assets 31,637.7 32,287.8
Deposits:    
Non-interest bearing 6,861.1 7,560.0
Interest bearing 17,245.9 17,513.6
Total deposits 24,107.0 25,073.6
Securities sold under repurchase agreements 970.8 1,052.9
Accounts payable and accrued expenses 361.8 445.9
Accrued interest payable 26.1 14.5
Long-term debt 120.8 120.8
Other Short-term Borrowings 2,710.0 2,327.0
Allowance for credit losses on off-balance sheet credit exposures 17.8 16.2
Subordinated debentures held by subsidiary trusts 163.1 163.1
Total liabilities 28,477.4 29,214.0
Stockholders’ equity:    
Preferred stock, no par value; 100,000 shares authorized; none issued and outstanding 0.0 0.0
Common stock, no par value; 150,000,000 shares authorized at March 31, 2023 and December 31, 2022; 104,382,018 and 104,442,023 shares were issued and outstanding, respectively 2,478.7 2,478.2
Retained earnings 1,080.7 1,072.7
Accumulated other comprehensive loss, net (399.1) (477.1)
Total stockholders’ equity 3,160.3 3,073.8
Total liabilities and stockholders’ equity $ 31,637.7 $ 32,287.8
Common Stock, Shares Authorized 150,000,000 150,000,000