XML 49 R39.htm IDEA: XBRL DOCUMENT v3.25.1
Investment Securities - Gross Unrealized Losses and Fair Values of Investment Securities (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Available-for-Sale:    
Fair Value, Less than 12 Months $ 408.0 $ 133.4
Gross Unrealized Losses, Less than 12 Months (2.0) (2.7)
Fair Value, 12 Months or Longer 3,997.0 4,047.2
Gross Unrealized Losses, 12 Months or Longer (347.7) (417.4)
Fair Value, Total 4,405.0 4,180.6
Gross Unrealized Losses, Total (349.7) (420.1)
Allowance for Credit Losses 0.0  
Gross Unrealized Gains 2.7 2.4
Gross Unrealized Losses (349.7) (420.1)
Debt Securities, Available-for-Sale, Excluding Accrued Interest 4,864.3 5,057.1
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 5,211.3 5,474.8
Investment securities classified as held to maturity 2,640.3 2,688.4
Allowance for Credit Losses (0.8) (0.9)
Net Amortized Cost 2,639.5 2,687.5
Gross Unrealized Gains 0.7 0.2
Gross Unrealized Losses (279.8) (330.0)
Investment debt securities held-to-maturity 2,361.2 2,358.6
Debt Securities, Held-To-Maturity, Transfer, Unamortized Loss   15.9
Debt Securities, Held-To-Maturity, Transfer, Unamortized Gain   (8.0)
US Treasury Notes Securities    
Available-for-Sale:    
Fair Value, Less than 12 Months 0.0  
Gross Unrealized Losses, Less than 12 Months 0.0  
Fair Value, 12 Months or Longer 231.2  
Gross Unrealized Losses, 12 Months or Longer (14.1)  
Fair Value, Total 231.2  
Gross Unrealized Losses, Total (14.1)  
U.S. Treasury notes    
Available-for-Sale:    
Fair Value, Less than 12 Months   0.0
Gross Unrealized Losses, Less than 12 Months   0.0
Fair Value, 12 Months or Longer   226.8
Gross Unrealized Losses, 12 Months or Longer   (18.1)
Fair Value, Total   226.8
Gross Unrealized Losses, Total   (18.1)
Gross Unrealized Gains 0.0 0.0
Gross Unrealized Losses (14.1) (18.1)
Debt Securities, Available-for-Sale, Excluding Accrued Interest 231.2 226.9
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 245.3 245.0
Investment securities classified as held to maturity 99.8 99.8
Gross Unrealized Gains 0.0 0.0
Gross Unrealized Losses (0.3) (0.4)
Investment debt securities held-to-maturity 99.5 99.4
State, county, and municipal securities    
Available-for-Sale:    
Fair Value, Less than 12 Months 0.0 0.0
Gross Unrealized Losses, Less than 12 Months 0.0 0.0
Fair Value, 12 Months or Longer 211.7 210.1
Gross Unrealized Losses, 12 Months or Longer (37.8) (40.0)
Fair Value, Total 211.7 210.1
Gross Unrealized Losses, Total (37.8) (40.0)
Gross Unrealized Gains 0.0 0.0
Gross Unrealized Losses (37.8) (40.0)
Debt Securities, Available-for-Sale, Excluding Accrued Interest 213.7 212.0
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 251.5 252.0
Investment securities classified as held to maturity 176.2 176.3
Gross Unrealized Gains 0.2 0.2
Gross Unrealized Losses (24.2) (26.7)
Investment debt securities held-to-maturity 152.2 149.8
Obligations of U.S. government agencies    
Available-for-Sale:    
Fair Value, Less than 12 Months 3.2 3.6
Gross Unrealized Losses, Less than 12 Months 0.0 0.0
Fair Value, 12 Months or Longer 200.7 206.2
Gross Unrealized Losses, 12 Months or Longer (7.9) (10.8)
Fair Value, Total 203.9 209.8
Gross Unrealized Losses, Total (7.9) (10.8)
Gross Unrealized Gains 0.0 0.0
Gross Unrealized Losses (7.9) (10.8)
Debt Securities, Available-for-Sale, Excluding Accrued Interest 207.5 213.3
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 215.4 224.1
Investment securities classified as held to maturity 468.2 470.1
Gross Unrealized Gains 0.0 0.0
Gross Unrealized Losses (50.0) (59.9)
Investment debt securities held-to-maturity 418.2 410.2
Private mortgage-backed securities    
Available-for-Sale:    
Fair Value, Less than 12 Months 0.0 0.0
Gross Unrealized Losses, Less than 12 Months 0.0 0.0
Fair Value, 12 Months or Longer 187.5 190.4
Gross Unrealized Losses, 12 Months or Longer (24.5) (27.6)
Fair Value, Total 187.5 190.4
Gross Unrealized Losses, Total (24.5) (27.6)
Gross Unrealized Gains 0.0 0.0
Gross Unrealized Losses (24.5) (27.6)
Debt Securities, Available-for-Sale, Excluding Accrued Interest 187.6 190.5
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 212.1 218.1
Collateralized Loan Obligations    
Available-for-Sale:    
Fair Value, Less than 12 Months 336.8 10.0
Gross Unrealized Losses, Less than 12 Months (1.0) 0.0
Fair Value, 12 Months or Longer 0.0 0.0
Gross Unrealized Losses, 12 Months or Longer 0.0 0.0
Fair Value, Total 336.8 10.0
Gross Unrealized Losses, Total (1.0) 0.0
Gross Unrealized Gains 0.2 1.3
Gross Unrealized Losses (1.0) 0.0
Debt Securities, Available-for-Sale, Excluding Accrued Interest 633.9 772.0
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 634.7 770.7
Corporate Debt Securities    
Available-for-Sale:    
Fair Value, Less than 12 Months 27.8 27.5
Gross Unrealized Losses, Less than 12 Months (0.2) (0.5)
Fair Value, 12 Months or Longer 198.0 205.5
Gross Unrealized Losses, 12 Months or Longer (13.3) (16.2)
Fair Value, Total 225.8 233.0
Gross Unrealized Losses, Total (13.5) (16.7)
Gross Unrealized Gains 0.0 0.0
Gross Unrealized Losses (13.5) (16.7)
Debt Securities, Available-for-Sale, Excluding Accrued Interest 225.8 232.9
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 239.3 249.6
Investment securities classified as held to maturity 56.9 57.0
Gross Unrealized Gains 0.0 0.0
Gross Unrealized Losses (1.9) (2.8)
Investment debt securities held-to-maturity 55.0 54.2
Commercial Mortgage-Backed Securities    
Available-for-Sale:    
Fair Value, Less than 12 Months 0.0 38.1
Gross Unrealized Losses, Less than 12 Months 0.0 (0.4)
Fair Value, 12 Months or Longer 938.3 934.9
Gross Unrealized Losses, 12 Months or Longer (59.4) (74.1)
Fair Value, Total 938.3 973.0
Gross Unrealized Losses, Total (59.4) (74.5)
Gross Unrealized Gains 0.5 0.1
Gross Unrealized Losses (59.4) (74.5)
Debt Securities, Available-for-Sale, Excluding Accrued Interest 986.7 982.8
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 1,045.6 1,057.2
Investment securities classified as held to maturity 372.7 374.9
Gross Unrealized Gains 0.0 0.0
Gross Unrealized Losses (28.0) (33.4)
Investment debt securities held-to-maturity 344.7 341.5
Residential Mortgage Backed Securities    
Available-for-Sale:    
Fair Value, Less than 12 Months 33.3 33.7
Gross Unrealized Losses, Less than 12 Months (0.7) (1.5)
Fair Value, 12 Months or Longer 1,060.1 1,086.2
Gross Unrealized Losses, 12 Months or Longer (100.9) (124.3)
Fair Value, Total 1,093.4 1,119.9
Gross Unrealized Losses, Total (101.6) (125.8)
Gross Unrealized Gains 0.9 0.4
Gross Unrealized Losses (101.6) (125.8)
Debt Securities, Available-for-Sale, Excluding Accrued Interest 1,149.3 1,175.8
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 1,250.0 1,301.2
Investment securities classified as held to maturity 1,049.2 1,082.5
Gross Unrealized Gains 0.1 0.0
Gross Unrealized Losses (117.0) (140.7)
Investment debt securities held-to-maturity 932.3 941.8
Collateralized Mortgage Obligations    
Available-for-Sale:    
Fair Value, Less than 12 Months 6.9 20.5
Gross Unrealized Losses, Less than 12 Months (0.1) (0.3)
Fair Value, 12 Months or Longer 969.5 987.1
Gross Unrealized Losses, 12 Months or Longer (89.8) (106.3)
Fair Value, Total 976.4 1,007.6
Gross Unrealized Losses, Total (89.9) (106.6)
Gross Unrealized Gains 1.1 0.6
Gross Unrealized Losses (89.9) (106.6)
Debt Securities, Available-for-Sale, Excluding Accrued Interest 1,028.6 1,050.9
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss 1,117.4 1,156.9
Investment securities classified as held to maturity 417.3 427.8
Gross Unrealized Gains 0.4 0.0
Gross Unrealized Losses (58.4) (66.1)
Investment debt securities held-to-maturity 359.3 $ 361.7
US agency, residential and commercial MBS and CMOs    
Available-for-Sale:    
Debt Securities, Held-To-Maturity, Transfer, Unamortized Gain (7.4)  
State, county & municipal, obligations of US govt agencies and CLOs    
Available-for-Sale:    
Debt Securities, Held-To-Maturity, Transfer, Unamortized Loss $ 15.3