Subordinated Debentures Held by Subsidiary Trusts (Tables)

12 Months Ended

Dec. 31, 2025

A summary of Subordinated Debenture issuances follows:


				December 31, 2025				December 31, 2024
	Issuance	Interest Rate1	Maturity Date	Amount		Common Shares2		Amount		Common Shares 2
Trust I	November 2007	6.73%	December 15, 2037	$	15.5	$	0.5	$	15.5	$	0.5
Trust II	October 2007	6.50	January 1, 2038	10.3		0.3		10.3		0.3
Trust III	December 2007	6.38	December 15, 2037	20.6		0.6		20.6		0.6
Trust IV	December 2007	6.95	April 1, 2038	15.5		0.5		15.5		0.5
Trust V	January 2008	7.00	April 1, 2038	10.3		0.3		10.3		0.3
Trust VI	January 2008	7.00	April 1, 2038	10.3		0.3		10.3		0.3
Trust VII	June 2005	5.65	June 30, 2035	5.2		0.2		5.2		0.2
Trust VIII	March 2006	5.45	March 15, 2036	30.9		0.9		30.9		0.9
Trust IX	June 2005	5.83	June 15, 2035	2.1		0.1		2.1		0.1
Trust X	December 2003	6.82	December 17, 2033	23.1		0.7		23.1		0.7
Trust XI	December 2002	—	January 7, 2033	—		—		5.2		0.2
Trust XII	September 2003	—	October 8, 2033	—		—		7.2		0.2
Trust XIII	December 2006	5.88	March 1, 2037	5.3		0.3		5.3		0.3
Trust XIV	July 2007	5.90	October 1, 2037	2.2		0.2		2.2		0.2
Total subordinated debentures payable				$	151.3	$	4.9	$	163.7	$	5.3
Less: fair value adjustment 3				(1.5)				(0.6)
Total subordinated debentures payable, net of fair value adjustments				$	149.8			$	163.1

1 Interest rates as of December 31, 2025
2 Common shares on subordinated debentures are included in other assets on the consolidated balance sheets
3 Adjustment reflects the fair value adjustments related to the subordinated deferrable interest debentures assumed as part of the Northwest and Great Western acquisitions.