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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Summary of Preferred Stock The following table presents our total outstanding preferred stock as of the dates indicated:
September 30, 2021December 31, 2020
($ in thousands)Shares OutstandingLiquidation PreferenceCarrying ValueShares OutstandingLiquidation PreferenceCarrying Value
Series D
7.375% non-cumulative perpetual
— $— $— 93,270 $93,270 $89,922 
Series E
7.00%
non-cumulative perpetual
98,702 98,702 94,956 98,702 98,702 94,956 
Total98,702 $98,702 $94,956 191,972 $191,972 $184,878 
The following table summarizes repurchases of these depositary shares for the periods indicated:
Three Months Ended
September 30,
Nine Months Ended
September 30,
($ in thousands)2021202020212020
Series D Preferred Stock:
Depositary shares repurchased— 100 3,730,767 134,410 
Preferred Stock retired (shares)— 93,269 3,360 
Consideration paid$— $$93,269 $2,698 
Carrying value— 89,922 3,240 
Impact of preferred stock redemption$— $— $3,347 $(541)
Series E Preferred Stock:
Depositary shares repurchased— 6,502 — 70,967 
Preferred Stock retired (shares)— 163 — 1,774 
Consideration paid$— $164 $— $1,680 
Carrying value— 156 — 1,707 
Impact of preferred stock redemption$— $$— $(27)
Changes to Accumulate Other Comprehensive Income by Components The following table presents changes to AOCI for the periods indicated:
Three Months Ended
September 30,
Nine Months Ended
September 30,
($ in thousands)2021202020212020
Unrealized gain (loss) on securities available-for-sale
Balance at beginning of period$14,740 $(15,565)$7,746 $(11,900)
Unrealized gain (loss) arising during the period(5,377)23,859 4,535 20,677 
Reclassification adjustment from other comprehensive income
— — — (2,011)
Tax effect of current period changes1,585 (7,028)(1,333)(5,500)
Total changes, net of taxes(3,792)16,831 3,202 13,166 
Balance at end of period$10,948 $1,266 $10,948 $1,266