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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 371.5 $ 349.2
Interest bearing deposits in banks 219.5 521.2
Federal funds sold 2.1 0.1
Total cash and cash equivalents 593.1 870.5
Investment securities:    
Available-for-sale, net of allowance for credit losses of $0 at September 30, 2023 and December 31, 2022 (amortized cost of $6,290.2 at September 30, 2023 and $7,573.5 at December 31, 2022) 5,627.7 6,946.1
Held-to-maturity, net of allowance for credit losses of $0.8 at September 30, 2023 and $1.9 at December 31, 2022 (estimated fair values of $2,796.1 at September 30, 2023 and $3,052.2 at December 31, 2022) 3,259.5 3,451.8
Total investment securities 8,887.2 10,397.9
Federal Home Loan Bank Stock and Federal Reserve Bank Stock 189.5 198.6
Loans held for sale 59.1 79.9
Loans held for investment, net of deferred fees and costs 18,213.3 18,099.2
Allowance for credit losses (226.7) (220.1)
Net loans held for investment 17,986.6 17,879.1
Goodwill 1,100.9 1,100.9
Bank Owned Life Insurance 500.8 497.9
Premises and equipment, net of accumulated depreciation 446.3 444.7
Other intangibles, net of accumulated amortization 85.2 97.0
Accrued interest receivable 129.2 118.3
Mortgage servicing rights, net of accumulated amortization and impairment reserve 29.1 31.1
Real Estate Acquired Through Foreclosure 11.6 12.7
Deferred tax assets 215.3 210.5
Other assets 306.9 348.7
Total assets 30,540.8 32,287.8
Deposits:    
Non-interest bearing 6,402.6 7,560.0
Interest bearing 17,276.9 17,513.6
Total deposits 23,679.5 25,073.6
Securities sold under repurchase agreements 889.5 1,052.9
Accounts payable and accrued expenses 452.9 445.9
Accrued interest payable 63.7 14.5
Long-term debt 120.8 120.8
Other Short-term Borrowings 2,067.0 2,327.0
Allowance for credit losses on off-balance sheet credit exposures 18.8 16.2
Subordinated debentures held by subsidiary trusts 163.1 163.1
Total liabilities 27,455.3 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; 105,011,371 and 104,442,023 shares were issued and outstanding at September 30, 2023 and December 31, 2022 2,484.9 2,478.2
Retained earnings 1,122.3 1,072.7
Accumulated other comprehensive loss, net (521.7) (477.1)
Total stockholders’ equity 3,085.5 3,073.8
Total liabilities and stockholders’ equity $ 30,540.8 $ 32,287.8
Common Stock, Shares Authorized 150,000,000 150,000,000