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INVESTMENT SECURITIES (Tables)
 9 Months Ended
Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]  
Schedule of Amortized Cost and Fair Value of Available-for-Sale Investment Securities
The following table presents the amortized cost and fair value of the investment securities portfolio as of the dates indicated:
($ in thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesAllowance
for
Credit Losses		Fair
Value
September 30, 2023
Securities held-to-maturity:
U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities$152,748 $— $(35,680)$— $117,068 
U.S. government agency and U.S. government sponsored enterprise collateralized mortgage obligations61,337 — (15,688)— 45,649 
Municipal securities114,202 — (26,634)— 87,568 
Total securities held-to-maturity$328,287 $— $(78,002)$— $250,285 
Securities available-for-sale:
SBA loan pool securities$8,721 $5 $(27)$— $8,699 
U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities79,786 — (2,942)— 76,844 
U.S. government agency and U.S. government sponsored enterprise collateralized mortgage obligations93,696 — (7,864)— 85,832 
Non-agency residential mortgage-backed securities120,062 — (15,102)— 104,960 
Collateralized loan obligations489,940 — (6,136)— 483,804 
Corporate debt securities175,804 — (19,853)(1,036)154,915 
Total securities available-for-sale$968,009 $5 $(51,924)$(1,036)$915,054 
December 31, 2022
Securities held-to-maturity:
U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities$153,033 $— $(29,807)$— $123,226 
U.S. government agency and U.S. government sponsored enterprise collateralized mortgage obligations61,404 — (11,946)— 49,458 
Municipal securities114,204 — (24,428)— 89,776 
Total securities held-to-maturity$328,641 $— $(66,181)$— $262,460 
Securities available-for-sale:
SBA loan pool securities$11,241 $— $(54)$— $11,187 
U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities40,431 — (225)— 40,206 
U.S. government agency and U.S. government sponsored enterprise collateralized mortgage obligations99,075 — (5,884)— 93,191 
Non-agency residential mortgage-backed securities90,832 — (10,340)— 80,492 
Collateralized loan obligations492,203 — (15,600)— 476,603 
Corporate debt securities175,781 32 (9,195)— 166,618 
Total securities available-for-sale$909,563 $32 $(41,298)$— $868,297 
Schedule of Proceeds from Sales and Calls of Securities and Associated Gross Gains and Losses
The following table presents proceeds from sales and calls of AFS securities and the associated gross gains and losses realized through earnings upon the sales and calls of AFS securities for the periods indicated:
Three Months Ended
September 30, 		Nine Months Ended
September 30,
($ in thousands)2023202220232022
Gross realized gains$— $— $— $209 
Gross realized losses— — — (193)
Net realized gains on sales and calls$— $— $— $16 
Proceeds from sales and calls$— $— $20,000 $56,145 
Schedule of Securities Available-for-Sale
The following table summarizes the AFS investment securities with unrealized losses by security type and length of time in a continuous, unrealized loss position as of the dates indicated:
Less Than 12 Months12 Months or LongerTotal
($ in thousands)Fair
Value		Gross Unrealized LossesFair
Value		Gross Unrealized LossesFair
Value		Gross Unrealized Losses
September 30, 2023
Securities available-for-sale:
SBA loan pool securities
$— $— $7,060 $(27)$7,060 $(27)
U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities76,844 (2,942)— — 76,844 (2,942)
U.S. government agency and U.S. government sponsored enterprise collateralized mortgage obligations
50,151 (1,131)35,690 (6,733)85,841 (7,864)
Non-agency residential mortgage-backed securities
67,769 (3,112)37,191 (11,990)104,960 (15,102)
Collateralized loan obligations
24,859 (141)441,944 (5,995)466,803 (6,136)
Corporate debt securities
14,774 (1,430)140,140 (18,423)154,914 (19,853)
Total securities available-for-sale
$234,397 $(8,756)$662,025 $(43,168)$896,422 $(51,924)
December 31, 2022
Securities available-for-sale:
SBA loan pool securities$2,260 $(3)$8,927 $(51)$11,187 $(54)
U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities
40,206 (225)— — 40,206 (225)
U.S. government agency and U.S. government sponsored enterprise collateralized mortgage obligations
76,441 (2,533)16,750 (3,351)93,191 (5,884)
Non-agency residential mortgage-backed securities
80,492 (10,340)— — 80,492 (10,340)
Collateralized loan obligations
235,936 (7,492)240,667 (8,108)476,603 (15,600)
Corporate debt securities
159,492 (8,374)4,180 (821)163,672 (9,195)
Total securities available-for-sale
$594,827 $(28,967)$270,524 $(12,331)$865,351 $(41,298)
The following table presents the fair value and weighted average yields using amortized cost of the AFS securities portfolio as of September 30, 2023, based on the earlier of contractual maturity dates or next repricing dates:
One year or lessMore than One Year through Five YearsMore than Five Years through Ten YearsMore than Ten YearsTotal
($ in thousands)Fair
Value		Weighted-Average YieldFair
Value		Weighted-Average YieldFair
Value		Weighted-Average YieldFair
Value		Weighted-Average YieldFair
Value		Weighted-Average Yield
Securities available-for-sale:
SBA loan pool securities$8,699 5.79 %$— — %$— — %$— — %$8,699 5.79 %
U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities
— — %— — %— — %76,844 5.52 %76,844 5.52 %
U.S. government agency and U.S. government sponsored enterprise collateralized mortgage obligations
5,066 5.98 %7,528 3.72 %23,087 3.25 %50,151 5.21 %85,832 4.52 %
Non-agency residential mortgage-backed securities
— — %— — %— — %104,960 4.02 %104,960 4.02 %
Collateralized loan obligations
483,804 7.20 %— — %— — %— — %483,804 7.20 %
Corporate debt securities
— — %143,052 4.82 %11,863 5.73 %— — %154,915 4.89 %
Total securities available-for-sale
$497,569 7.16 %$150,580 4.76 %$34,950 4.04 %$231,955 4.74 %$915,054 5.97 %
Schedule of Investments Classified by Contractual Maturity Date
The following table presents the amortized cost and fair value of the investment securities portfolio as of September 30, 2023, based on the earlier of contractual maturity dates or next repricing date:
Held-to-MaturityAvailable-for-Sale
($ in thousands)Amortized CostFair ValueAmortized CostFair Value
Earlier of maturity or next repricing date:
Within one year$— $— $503,799 $497,569 
One to five years— — 171,294 150,580 
Five to ten years37,305 30,544 41,786 34,950 
Greater than ten years290,982 219,741 251,130 231,955 
Total$328,287 $250,285 $968,009 $915,054 
Schedule of Fair Value and Weighted Average Yields of Securities Held-to-Maturity
The following table presents the amortized cost and weighted average yields using amortized cost of the HTM securities portfolio as of September 30, 2023, based on the earlier of contractual maturity dates or next repricing dates:
One year or lessMore than One Year through Five YearsMore than Five Years through Ten YearsMore than Ten YearsTotal
($ in thousands)Amortized
Cost		Weighted-Average YieldAmortized
Cost		Weighted-Average YieldAmortized
Cost		Weighted-Average YieldAmortized
Cost		Weighted-Average YieldAmortized
Cost		Weighted-Average Yield
Securities held-to-maturity:
U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities$— — %$— — %$9,334 2.52 %$143,414 2.70 %$152,748 2.69 %
U.S. government agency and U.S. government sponsored enterprise collateralized mortgage obligations— — %— — %— — %61,337 2.64 %61,337 2.64 %
Municipal securities— — %— — %27,971 2.32 %86,231 2.72 %114,202 2.62 %
Total securities held-to-maturity$— — %$— — %$37,305 2.37 %$290,982 2.69 %$328,287 2.65 %