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Subsequent Events
3 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On April 29, 2020, the Company announced that it issued and sold $125,000,000 aggregate principal amount of 5.25% fixed-to-floating rate subordinated notes due 2030 (the “Notes”) at a public offering price equal to 100% of the aggregate principal amount of the Notes. The offering of the Notes closed on May 1, 2020. The Notes were offered and sold pursuant to an effective shelf registration statement on Form S-3 filed with the Securities and Exchange Commission on March 24, 2020 (Registration No. 333-237356).
Additionally, on April 30, 2020, the Company filed a preliminary prospectus supplement for an underwritten public offering of 2,200,000 shares of the Company’s depositary shares, each representing a 1/40th ownership interest in a share of the Company’s 7.00% fixed-to-floating rate non-cumulative perpetual preferred stock, series A. The shares have a trade date of May 1, 2020 and a settlement date of May 7, 2020 and are redeemable on or before May 15, 2025. The depositary shares were offered and sold pursuant to an effective shelf registration statement on Form S-3 filed with the Securities and Exchange Commission on March 24, 2020 (Registration No. 333-237356).