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STOCKHOLDERS' EQUITY (Tables)
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of Preferred Stock The following table presents our outstanding preferred stock as of the dates indicated:
December 31,
20222021
($ in thousands)Shares Authorized and OutstandingLiquidation PreferenceCarrying ValueShares Authorized and OutstandingLiquidation PreferenceCarrying Value
Series E
7.00% non-cumulative perpetual
— — — 98,702 98,702 94,956 
Total— $— $— 98,702 $98,702 $94,956 
The following table summarizes repurchases and redemptions of these depositary shares during the periods indicated:
Year Ended December 31,
($ in thousands)202220212020
Series D Preferred Stock:
Depositary shares repurchased or redeemed— 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 - Series D Preferred Stock (1)
$— $3,347 $(541)
Series E Preferred Stock:
Depositary shares repurchased or redeemed3,948,080 — 70,967 
Preferred Stock retired (shares)98,702 — 1,774 
Consideration paid$98,703 $— $1,680 
Carrying value94,956 — 1,707 
Impact of preferred stock redemption - Series E Preferred Stock (1)
$3,747 $— $(27)
Total impact of preferred stock redemption (1)
$3,747 $3,347 $(568)
(1) Impact of redemption includes both shares repurchased in the open market at a premium or discount and shares redeemed at par on an eligible call date.
Schedule of Changes to Accumulate Other Comprehensive Income by Components Reclassifications from AOCI occur when a security is sold, called or matures and are recorded on the consolidated statements of operations either as a gain or loss. The following table presents changes to AOCI for the periods indicated:
Year Ended December 31,
($ in thousands)202220212020
Unrealized (loss) gain on securities available-for -sale
Balance at beginning of period$7,743 $7,746 $(11,900)
Unrealized (loss) gain on securities available-for-sale:
Unrealized (loss) gain arising during the period(76,556)(7)29,867 
Reclassification adjustment from other comprehensive income7,692 — (2,011)
Total unrealized (loss) gain on securities available-for-sale(68,864)(7)27,856 
Amortization of unrealized loss of available-for-sale securities transferred to held-to-maturity860 — — 
Tax effect of current period changes
19,664 4 (8,210)
Total changes, net of taxes(48,340)(3)19,646 
Balance at end of period$(40,597)$7,743 $7,746