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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 315.8 $ 378.2
Interest bearing deposits in banks 319.1 199.7
Federal funds sold 0.1 0.1
Total cash and cash equivalents 635.0 578.0
Investment securities:    
Available-for-sale, net of allowance for credit losses of $0.0 at March 31, 2024 and December 31, 2023 (amortized cost of $6,266.0 at March 31, 2024 and $6,307.8 at December 31, 2023) 5,773.3 5,841.5
Held-to-maturity, net of allowance for credit losses of $0.7 at March 31, 2024 and $0.8 at December 31, 2023 (estimated fair values of $2,497.8 at March 31, 2024 and $2,874.0 at December 31, 2023) 2,852.8 3,207.9
Total investment securities 8,626.1 9,049.4
Federal Home Loan Bank Stock and Federal Reserve Bank Stock 178.4 223.2
Loans held for sale 22.7 47.4
Loans held for investment, net of deferred fees and costs 18,202.8 18,279.6
Allowance for credit losses (227.7) (227.7)
Net loans held for investment 17,975.1 18,051.9
Goodwill 1,100.9 1,100.9
Bank Owned Life Insurance 504.7 502.4
Premises and equipment, net of accumulated depreciation 439.9 444.3
Other intangibles, net of accumulated amortization 77.7 81.4
Accrued interest receivable 125.5 129.1
Mortgage servicing rights, net of accumulated amortization 27.6 28.3
Real Estate Acquired Through Foreclosure 14.4 16.5
Deferred tax assets 161.3 150.0
Other assets 255.5 268.4
Total assets 30,144.8 30,671.2
Deposits:    
Non-interest bearing 5,900.3 6,029.6
Interest bearing 16,909.7 17,293.5
Total deposits 22,810.0 23,323.1
Securities sold under repurchase agreements 794.2 782.7
Accounts payable and accrued expenses 386.0 380.4
Accrued interest payable 53.6 52.2
Long-term debt 370.8 120.8
Other Short-term Borrowings 2,342.0 2,603.0
Allowance for credit losses on off-balance sheet credit exposures 15.4 18.4
Subordinated debentures held by subsidiary trusts 163.1 163.1
Total liabilities 26,935.1 27,443.7
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; 104,571,623 and 103,941,626 shares were issued and outstanding at March 31, 2024 and December 31, 2023 2,450.7 2,448.9
Retained earnings 1,145.9 1,135.1
Accumulated other comprehensive loss, net (386.9) (356.5)
Total stockholders’ equity 3,209.7 3,227.5
Total liabilities and stockholders’ equity $ 30,144.8 $ 30,671.2
Common Stock, Shares Authorized 150,000,000