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BUSINESS COMBINATIONS (Tables)
12 Months Ended
Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table represents a preliminary allocation of merger consideration to the assets and liabilities of PMB as of October 18, 2021 and the preliminary fair value amounts at acquisition date:
($ in thousands)
Fair
Value(1)
Assets acquired:
Cash and due from banks$3,196 
Interest-earning deposits in financial institutions475,554 
Loans receivable962,856 
Allowance for credit losses(13,622)
Premises and equipment, net314 
Operating lease right-of-use assets9,212 
Other intangible assets, net5,054 
Income tax receivable2,035 
Deferred income tax, net10,660 
Bank owned life insurance investment9,043 
Other assets20,302 
Total assets acquired$1,484,604 
Liabilities assumed:
Deposits$1,284,714 
Long term debt, net17,527 
Lease liability9,441 
Accrued expenses and other liabilities4,695 
Total liabilities assumed1,316,377 
Excess of assets acquired over liabilities assumed168,227 
Consideration paid225,384 
Goodwill$57,157 
(1)Estimated fair values are preliminary and subject to adjustment for a period of up to one year after the acquisition date as additional information related to fair value may become available.
Business Acquisition, Pro Forma Information
The following table presents the total amounts of revenue and earnings of PMB since the acquisition included in our results of operations:

Year Ended
December 31,
($ in thousands)2021
Net interest income$7,430 
Noninterest income528 
Total revenue$7,958 
Net loss$(18,649)
Year Ended
December 31,
($ in thousands)20212020
Supplemental unaudited pro forma financial information:
Net interest income$287,755 $279,617 
Noninterest income24,468 24,855 
Total revenue312,223 304,472 
Net income$85,517 $16,586