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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 390.2 $ 378.2
Interest-bearing deposits in banks 568.2 199.7
Federal funds sold 0.1 0.1
Total cash and cash equivalents 958.5 578.0
Investment securities:    
Available-for-sale, at fair value 5,603.1 5,841.5
Held-to-maturity (estimated fair values of $2,440.4 at June 30, 2024 and $2,874.0 at December 31, 2023) 2,798.5 3,207.9
Total investment securities 8,401.6 9,049.4
Federal Home Loan Bank Stock and Federal Reserve Bank Stock 182.3 223.2
Loans held for sale ($3.1 and $0.5 of which is recorded at fair value at June 30, 2024 December 31, 2023) 22.3 47.4
Loans held for investment, net of deferred fees and costs 18,235.0 18,279.6
Allowance for credit losses (232.8) (227.7)
Net loans held for investment 18,002.2 18,051.9
Goodwill 1,100.9 1,100.9
Bank Owned Life Insurance 507.6 502.4
Premises and equipment, net of accumulated depreciation 436.5 444.3
Other intangibles, net of accumulated amortization 74.0 81.4
Accrued interest receivable 126.4 129.1
Mortgage servicing rights, net of accumulated amortization 27.0 28.3
Real Estate Acquired Through Foreclosure 6.7 16.5
Deferred tax assets 154.5 150.0
Other assets 289.0 268.4
Total assets 30,289.5 30,671.2
Deposits:    
Non-interest bearing 6,174.0 6,029.6
Interest bearing 16,696.7 17,293.5
Total deposits 22,870.7 23,323.1
Securities sold under repurchase agreements 741.8 782.7
Accounts payable and accrued expenses 398.3 380.4
Accrued interest payable 71.1 52.2
Long-term debt 383.4 120.8
Other Short-term Borrowings 2,430.0 2,603.0
Allowance for credit losses on off-balance sheet credit exposures 5.8 18.4
Subordinated debentures held by subsidiary trusts 163.1 163.1
Total liabilities 27,064.2 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; 104,560,618 and 103,941,626 shares were issued and outstanding at June 30, 2024 and December 31, 2023 2,453.9 2,448.9
Retained earnings 1,156.9 1,135.1
Accumulated other comprehensive loss, net (385.5) (356.5)
Total stockholders’ equity 3,225.3 3,227.5
Total liabilities and stockholders’ equity $ 30,289.5 $ 30,671.2
Common Stock, Shares Authorized 150,000,000