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v3.22.4

Borrowings and Financing Activities (Tables) | 12 Months Ended
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Dec. 31, 2022
Long-Term Debt, Unclassified [Abstract] |
Schedule of Debt | The carrying value of our debt at December 31, 2022 and 2021, was as follows.
Borrowings |  |  |  |  |  |
|  |  |  | December 31,
($ in thousands) |  | Interest rate |  | 2022 |  | 2021
Senior notes |  |  |  |  |  |
Senior Notes due 2024 |  | 4.500 | % |  | $ | 447,805 |  |  | $ | 446,631 |
Senior Notes due 2025 |  | 6.625 | % |  | 520,305 |  |  | 518,405 |
Senior Notes due 2027 |  | 4.875 | % |  | 445,394 |  |  | 444,437 |
Total senior notes |  |  |  | $ | 1,413,504 |  |  | $ | 1,409,473 |
|  |  |  | December 31,
($ in thousands) |  | Average interest rate (1) |  | 2022 |  | 2021
Other Borrowings |  |  |  |  |  |
FHLB advances |  |  |  |  |  |
FHLB advances due 2022 |  | — | % |  | $ | — |  |  | $ | 71,050 |
FHLB advances due 2023 |  | 2.806 | % |  | 104,895 |  |  | 52,995 |
FHLB advances due 2024 |  | 2.540 | % |  | 32,371 |  | (2) | 13,954 |
FHLB advances due 2025 |  | 1.590 | % |  | 9,984 |  |  | 9,984 |
FHLB advances due 2027 |  | 2.181 | % |  | 6,436 |  |  | 3,000 |
Total FHLB advances |  |  |  | 153,686 |  |  | 150,983 |
Mortgage financing facilities |  | 5.928 | % |  | 2,136 |  |  | — |
Total other borrowings |  |  |  | $ | 155,822 |  |  | $ | 150,983 |
(1)As of December 31, 2022. See “—FHLB Advances” below for more information. (2)Includes $13.4 million of floating-rate advances with a weighted average interest rate of 3.617%, which resets daily based on changes in SOFR.

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