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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 479.0 $ 349.2
Interest bearing deposits in banks 201.4 521.2
Federal funds sold 0.1 0.1
Total cash and cash equivalents 680.5 870.5
Investment securities:    
Available-for-sale, net of allowance for credit losses of $1.4 at June 30, 2023 and $0.0 at December 31, 2022 (amortized cost of $6,448.2 at June 30, 2023 and $7,573.5 at December 31, 2022) 5,857.9 6,946.1
Held-to-maturity, net of allowance for credit losses of $0.7 at June 30, 2023 and $1.9 at December 31, 2022 (estimated fair values of $2,924.7 at June 30, 2023 and $3,052.2 at December 31, 2022) 3,317.7 3,451.8
Total investment securities 9,175.6 10,397.9
Federal Home Loan Bank Stock and Federal Reserve Bank Stock 210.4 198.6
Loans held for sale 76.5 79.9
Loans held for investment, net of deferred fees and costs 18,263.4 18,099.2
Allowance for credit losses 224.6 220.1
Net loans held for investment 18,038.8 17,879.1
Goodwill 1,100.9 1,100.9
Bank Owned Life Insurance 502.0 497.9
Premises and equipment, net of accumulated depreciation 443.7 444.7
Other intangibles, net of accumulated amortization 89.1 97.0
Accrued interest receivable 119.1 118.3
Mortgage servicing rights, net of accumulated amortization and impairment reserve 29.8 31.1
Real Estate Acquired Through Foreclosure 14.4 12.7
Deferred tax assets 193.5 210.5
Other assets 302.0 348.7
Total assets 30,976.3 32,287.8
Deposits:    
Non-interest bearing 6,518.2 7,560.0
Interest bearing 17,061.0 17,513.6
Total deposits 23,579.2 25,073.6
Securities sold under repurchase agreements 929.9 1,052.9
Accounts payable and accrued expenses 406.5 445.9
Accrued interest payable 45.8 14.5
Long-term debt 120.8 120.8
Other Short-term Borrowings 2,589.0 2,327.0
Allowance for credit losses on off-balance sheet credit exposures 20.8 16.2
Subordinated debentures held by subsidiary trusts 163.1 163.1
Total liabilities 27,855.1 29,214.0
Stockholders’ equity:    
Preferred stock, no par value; 100,000 shares authorized; none issued and outstanding 0.0 0.0
Common stock and additional paid-in-capital, $0.00001 par value; 150,000,000 shares authorized; 105,020,683 and 104,442,023 shares were issued and outstanding at June 30, 2023 and December 31, 2022 2,481.4 2,478.2
Retained earnings 1,098.8 1,072.7
Accumulated other comprehensive loss, net (459.0) (477.1)
Total stockholders’ equity 3,121.2 3,073.8
Total liabilities and stockholders’ equity $ 30,976.3 $ 32,287.8
Common Stock, Shares Authorized 150,000,000 150,000,000