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PARENT COMPANY FINANCIAL STATEMENTS (Tables)
 12 Months Ended
Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]  
Schedule of Condensed Statements of Financial Condition
Condensed Statements of Financial Condition
December 31,
($ in thousands)20222021
ASSETS
Cash and cash equivalents$25,897 $98,851 
Other assets22,813 29,688 
Investment in subsidiaries1,191,951 1,220,368 
Total assets$1,240,661 $1,348,907 
LIABILITIES AND STOCKHOLDERS’ EQUITY
Long-term debt, net$274,906 $274,386 
Accrued expenses and other liabilities6,137 9,231 
Stockholders’ equity959,618 1,065,290 
Total liabilities and stockholders’ equity$1,240,661 $1,348,907 
Schedule of Condensed Statements of Operations
Condensed Statements of Operations
Year Ended December 31,
($ in thousands)202220212020
Income
Dividends from subsidiaries$126,000 $78,000 $37,000 
Legal settlement income— — 2,013 
Other operating income167 212 211 
Total income126,167 78,212 39,224 
Expenses
Interest expense for notes payable and other borrowings14,600 13,498 10,141 
Other operating expense4,130 2,621 5,794 
Total expenses18,730 16,119 15,935 
Income before income taxes and undistributed earnings of subsidiaries107,437 62,093 23,289 
Income tax benefit(6,049)(7,385)(5,812)
Income before undistributed earnings of subsidiaries113,486 69,478 29,101 
Undistributed (dividends in excess of) earnings of subsidiaries7,453 (7,132)(16,527)
Net income$120,939 $62,346 $12,574 
Schedule of Condensed Statements of Cash Flows
Condensed Statements of Cash Flows
Year Ended December 31,
($ in thousands)202220212020
Cash flows from operating activities:
Net income$120,939 $62,346 $12,574 
Adjustments to reconcile net income to net cash provided by operating activities:
Undistributed (dividends in excess of) earnings of subsidiaries(7,453)7,132 16,527 
Stock-based compensation expense765 776 3,269 
Amortization of debt issuance cost520 493 324 
Deferred income tax expense (benefit)(467)2,770 (417)
Net change in other assets and liabilities
4,654 (4,171)(7,377)
Net cash provided by operating activities118,958 69,346 24,900 
Cash flows from investing activities:
Purchase of investments(1,000)(1,000)— 
Principal from notes receivable875 — — 
Net cash acquired in business combination— 8,815 — 
Net cash (used in) provided by investing activities(125)7,815 — 
Cash flows from financing activities:
Net proceeds from issuance of long-term debt— — 82,570 
Redemption of preferred stock(98,703)(93,269)(4,379)
Purchase of treasury stock(75,080)— (12,041)
Proceeds from exercise of stock options— 300 — 
Restricted stock surrendered due to employee tax liability(1,787)(2,182)(923)
Dividend equivalents paid on stock appreciation rights— — (376)
Dividends paid on common stock(14,490)(12,843)(11,847)
Dividends paid on preferred stock(1,727)(8,322)(13,869)
Net cash (used in) provided by financing activities(191,787)(116,316)39,135 
Net change in cash and cash equivalents(72,954)(39,155)64,035 
Cash and cash equivalents at beginning of year98,851 138,006 73,971 
Cash and cash equivalents at end of year$25,897 $98,851 $138,006