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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Schedule of Preferred Stock
The following table presents our total outstanding preferred stock as of the dates indicated:
June 30, 2022December 31, 2021
($ in thousands)Shares OutstandingLiquidation PreferenceCarrying ValueShares OutstandingLiquidation PreferenceCarrying Value
Series E
7.00%
non-cumulative perpetual
— — — 98,702 98,702 94,956 
Total $ $ 98,702 $98,702 $94,956 

The following table summarizes redemptions and repurchases of these depositary shares for the periods indicated:
Three Months Ended
June 30,
Six Months Ended
June 30,
($ in thousands)2022202120222021
Series D Preferred Stock:
Depositary shares repurchased— — — 3,730,767 
Preferred Stock retired (shares)— — — 93,269 
Consideration paid$— $— $— $93,269 
Carrying value— — — 89,922 
Impact of preferred stock redemption$— $— $— $3,347 
Series E Preferred Stock:
Depositary shares repurchased— — 3,948,080 — 
Preferred Stock retired (shares)— — 98,702 — 
Consideration paid$— $— $98,703 $— 
Carrying value— — 94,956 — 
Impact of preferred stock redemption$— $— $3,747 $— 
Schedule of Changes to Accumulate Other Comprehensive Income by Components The following table presents changes to AOCI for the periods indicated:
Three Months Ended
June 30,
Six Months Ended
June 30,
($ in thousands)2022202120222021
Balance at beginning of period$(19,172)$5,185 $7,743 $7,746 
Unrealized loss on securities available-for-sale:
Unrealized loss arising during the period(21,016)13,550 (59,103)9,912 
Reclassification adjustment from other comprehensive income— — (16)— 
Total unrealized loss on securities available-for-sale(21,016)13,550 (59,119)9,912 
Amortization of unrealized loss of available-for-sale securities transferred to held-to-maturity246 — 333 — 
Tax effect of current period changes5,883 (3,995)16,984 (2,918)
Total changes, net of taxes(14,887)9,555 (41,802)6,994 
Balance at end of period$(34,059)$14,740 $(34,059)$14,740