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FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2021
Federal Home Loan Banks [Abstract]  
Summary of Advances from the FHLB
The following table presents advances from the FHLB as of the dates indicated:
($ in thousands)March 31,
2021
December 31,
2020
Fixed rate:
Outstanding balance (1)(2)
$416,000 $461,000 
Interest rates ranging from (2)
— %— %
Interest rates ranging to3.32 %3.32 %
Weighted average interest rate2.50 %2.51 %
Variable rate:
Outstanding balance$225,000 $85,000 
Weighted average interest rate0.09 %0.17 %
(1)Excludes $5.9 million and $6.2 million of unamortized debt issuance costs at March 31, 2021 and December 31, 2020.    
(2)Includes $5.0 million in FHLB recovery advances with an interest rate of 0.00% and a maturity date of May 27, 2021.