Pay vs Performance Disclosure, Table

The following table provides the information required for our NEOs for each of the fiscal years ended

December 31, 2024, December 31, 2023, December 31, 2022, December 31, 2021, and December 31,

2020, along with the financial information required to be disclosed for each fiscal year:


Year	Kevin P. Riley		James A. Reuter		Average Summary Comp- ensation Table Total for non- PEO NEOs ($)(2)	Average Summary Comp- ensation Actually Paid to non-PEO NEOs ($)(2)(3)	Value of Initial Fixed $100 Investment Based On:		Net Income (in $M) ($)	Comp- ensation Adjusted ROAE ($)(4)
Year	Summary Comp- ensation Table Total for PEO ($)(1)	Comp- ensation Actually Paid to PEO ($)(1)(3)	Summary Comp- ensation Table Total for PEO ($)(1)	Comp- ensation Actually Paid to PEO ($)(1)(3)			Company Total Shareholder Return ($)	KBW Regional Banking Index Total Shareholder Return ($)	Net Income (in $M) ($)	Comp- ensation Adjusted ROAE ($)(4)
(a)	(b)	(c)	(b)	(c)	(d)	(e)	(f)	(g)	(h)	(i)
2024	4,870,569	4,324,053	2,540,806	2,689,115	1,278,512	1,234,476	102.07	130.91	226.0	9.04
2023	3,384,896	1,951,042	—	—	835,999	550,266	90.37	115.64	257.5	11.68
2022	4,617,084	4,215,324	—	—	1,482,037	1,343,374	106.06	116.11	202.2	11.75
2021	3,201,243	2,342,207	—	—	928,135	733,189	106.90	124.75	192.1	13.19
2020	2,939,173	3,641,663	—	—	1,260,013	1,454,331	103.20	91.29	161.2	10.65

(1) For the year ended December 31, 2024, Kevin P. Riley served as our PEO until November 1, 2024 when James A. Reuter

became our President and CEO. Kevin P. Riley was the PEO for each of the years ended December 31, 2023, 2022, 2021, and

2020.

(2) For the year ended December 31, 2024, the non-PEO NEOs were Marcy D. Mutch, Lorrie F. Asker, Kirk D. Jensen, and

Kristina R. Robbins. For the year ended December 31, 2023, the non-PEO NEOs were Marcy D. Mutch, Kirk D. Jensen, Lorrie

F. Asker, Kristina R. Robbins, Ashley Hayslip, and Scott E. Erkonen. For the year ended December 31, 2022, the non-PEO

NEOs were Marcy D. Mutch, Jodi Delahunt Hubbell, Kirk D. Jensen, Karlyn M. Knieriem, Scott E. Erkonen, and Russell A.

Lee. For the year ended December 31, 2021, the non-PEO NEOs were Marcy D. Mutch, Jodi Delahunt Hubbell, Russell A.

Lee, and Kirk D. Jensen. For the year ended December 31, 2020, the non-PEO NEOs were Marcy D. Mutch, Jodi Delahunt

Hubbell, Russell A. Lee, and Renee L. Newman.

(3) Adjustments to total compensation in the Summary Compensation Table (“SCT”), reported in columns (b) and (d), to

calculate CAP, reported in columns (c) and (e) for 2024, include:


	PEO: Kevin P. Riley	PEO: James A. Reuter	Average Other NEOs
	2024 ($)	2024 ($)	2024 ($)
Summary Compensation Total	4,870,569	2,540,806	1,278,512
'- Grant Date Fair Value of Stock Awards Granted in Fiscal Year	(2,407,319)	(2,117,821)	(458,314)
'+ Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year	2,857,344	2,266,130	543,996
'+ Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years	(898,465)	—	(114,869)
'+ Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year	—	—	—
'+ Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year	(98,076)	—	(14,849)
'- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year	—	—
'+ Value of Dividends or other Earnings Paid on Stock Awards not Otherwise Reflected in Fair Value or Total Compensation	—	—	—
Compensation Actually Paid	4,324,053	2,689,115	1,234,476

a.The methodologies used for determining the fair values shown in the table are materially consistent with those used

to determine the fair values disclosed as of the grant date for each award.

(4) Compensation Adjusted ROAE is a non-GAAP financial measure that is one of the most important financial performance

measures used by our Compensation Committee to link compensation actually paid to our NEOs for their performance in

2024 to the Company’s performance during 2024 and is calculated as net income before income tax, plus investment

security loss, plus or minus the below identified items of pre-tax revenue and expense deemed by S&P Capital IQ to be

nonrecurring, divided by average common stockholders’ equity ($ in millions): (i) net income of $226.0, plus provision for

income tax of $68.5, minus net gains on disposition of premises and equipment of $4.7, plus FDIC special assessment of $1.5

and CEO retirement costs of $3.8; divided by (ii) average common stockholders’ equity of $3,266.0.

Non-PEO NEO Average Total Compensation Amount

^[1]

$ 1,278,512

$ 835,999

$ 1,482,037

$ 928,135

$ 1,260,013

Non-PEO NEO Average Compensation Actually Paid Amount

^[1],[2]

$ 1,234,476

550,266

1,343,374

733,189

1,454,331

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Tabular List, Table

In the Company’s assessment, the most important financial performance measures used to link

compensation actually paid to our NEOs, for the most recently completed fiscal year, to the Company’s

performance were:

•Total Shareholder Return

•Compensation Adjusted Return on Average Common Stockholders’ Equity

•Adjusted PPNR per Share

•Adjusted Non-Interest Expenses/Total Average Assets

•Non-Performing Assets/Total Assets

Total Shareholder Return Amount

$ 102.07

90.37

106.06

106.90

103.20

Peer Group Total Shareholder Return Amount

130.91

115.64

116.11

124.75

91.29

Net Income (Loss)

$ 226,000,000.0

$ 257,500,000

$ 202,200,000

$ 192,100,000

$ 161,200,000

Company Selected Measure Amount

9.04

11.68

11.75

13.19

10.65

Measure:: 1

•Total Shareholder Return

Measure:: 2

•Compensation Adjusted Return on Average Common Stockholders’ Equity

Measure:: 3

•Adjusted PPNR per Share

Measure:: 4

•Adjusted Non-Interest Expenses/Total Average Assets

Measure:: 5

•Non-Performing Assets/Total Assets

Kevin Riley [Member]

PEO Total Compensation Amount

^[3]

$ 4,870,569

$ 3,384,896

$ 4,617,084

$ 3,201,243

$ 2,939,173

PEO Actually Paid Compensation Amount

^[2],[3]

$ 4,324,053

1,951,042

4,215,324

2,342,207

3,641,663

PEO Name

Kevin P. Riley

James Reuter [Member]

PEO Total Compensation Amount

^[3]

$ 2,540,806

PEO Actually Paid Compensation Amount

^[2],[3]

$ 2,689,115

$ 0

PEO Name

James A. Reuter

PEO | Kevin Riley [Member] | Grant Date Fair Value of Option Awards and Stock Awards Granted in Year [Member]

PEO | Kevin Riley [Member] | Fair Value at Year End of Outstanding and Unvested Option and Stock Awards Granted in Year [Member]

$ (2,407,319)

PEO | Kevin Riley [Member] | Change in Fair Value of Outstanding and Unvested Option and Stock Awards Granted in Year Prior Fiscal Years [Member]

2,857,344

PEO | Kevin Riley [Member] | Fair Value at Vesting of Option and Stock Awards Granted in Year That Vested During Fiscal Year [Member]

(898,465)

PEO | Kevin Riley [Member] | Change in Fair Value as of Vesting Date of Option and Stock Awards Granted in Prior Fiscal Years for Which Applicable Vesting Conditions were Satisfied During Year [Member]

PEO | Kevin Riley [Member] | Fair Value at Fiscal Year End of Outstanding and Unvested Option and Stock Awards Granted in Year [Member]

(98,076)

PEO | Kevin Riley [Member] | Value of Dividends or other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation [Member]

PEO | James Reuter [Member] | Grant Date Fair Value of Option Awards and Stock Awards Granted in Year [Member]

PEO | James Reuter [Member] | Fair Value at Year End of Outstanding and Unvested Option and Stock Awards Granted in Year [Member]

(2,117,821)

PEO | James Reuter [Member] | Change in Fair Value of Outstanding and Unvested Option and Stock Awards Granted in Year Prior Fiscal Years [Member]

2,266,130

PEO | James Reuter [Member] | Fair Value at Vesting of Option and Stock Awards Granted in Year That Vested During Fiscal Year [Member]

PEO | James Reuter [Member] | Change in Fair Value as of Vesting Date of Option and Stock Awards Granted in Prior Fiscal Years for Which Applicable Vesting Conditions were Satisfied During Year [Member]

PEO | James Reuter [Member] | Fair Value at Fiscal Year End of Outstanding and Unvested Option and Stock Awards Granted in Year [Member]

PEO | James Reuter [Member] | Value of Dividends or other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation [Member]

Non-PEO NEO | Grant Date Fair Value of Option Awards and Stock Awards Granted in Year [Member]

Non-PEO NEO | Fair Value at Year End of Outstanding and Unvested Option and Stock Awards Granted in Year [Member]

(458,314)

Non-PEO NEO | Change in Fair Value of Outstanding and Unvested Option and Stock Awards Granted in Year Prior Fiscal Years [Member]

543,996

Non-PEO NEO | Fair Value at Vesting of Option and Stock Awards Granted in Year That Vested During Fiscal Year [Member]

(114,869)

Non-PEO NEO | Change in Fair Value as of Vesting Date of Option and Stock Awards Granted in Prior Fiscal Years for Which Applicable Vesting Conditions were Satisfied During Year [Member]

Non-PEO NEO | Fair Value at Fiscal Year End of Outstanding and Unvested Option and Stock Awards Granted in Year [Member]

(14,849)

Non-PEO NEO | Value of Dividends or other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation [Member]