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Fair Value (Tables)
 9 Months Ended
Sep. 30, 2021
Fair Value Disclosures [Abstract]  
Financial instruments that were measured at fair value on a recurring and nonrecurring basis
The following table summarizes the Company’s financial assets that were measured at fair value on a recurring and nonrecurring basis at September 30, 2021.
($ in thousands)
Description of Financial AssetsFair Value at September 30, 2021Quoted Prices in
Active Markets for
Identical Assets
(Level 1)		Significant Other
Observable Inputs
(Level 2)		Significant
Unobservable Inputs
(Level 3)
Recurring
Securities available for sale:
Government-sponsored enterprise securities$68,608 — 68,608 — 
Mortgage-backed securities2,191,530 — 2,191,530 — 
Corporate bonds44,937 — 44,937 — 
Total available for sale securities$2,305,075 — 2,305,075 — 
Presold mortgages in process of settlement$16,746 16,746 — — 
Nonrecurring
Individually evaluated loans$12,279 — — 12,279 
Foreclosed real estate462 — — 462 

The following table summarizes the Company’s financial assets that were measured at fair value on a recurring and nonrecurring basis at December 31, 2020.
($ in thousands)
Description of Financial AssetsFair Value at December 31, 2020Quoted Prices in
Active Markets
for Identical
Assets (Level 1)		Significant Other
Observable Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Recurring
Securities available for sale:
Government-sponsored enterprise securities$70,206 — 70,206 — 
Mortgage-backed securities1,337,706 — 1,337,706 — 
Corporate bonds45,220 — 45,220 — 
Total available for sale securities$1,453,132 — 1,453,132 — 
Presold mortgages in process of settlement$42,271 42,271 — — 
Nonrecurring
Impaired loans$22,142 — — 22,142 
  Foreclosed real estate1,484 — — 1,484 
Schedule of significant unobservable inputs For Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis as of September 30, 2021, the significant unobservable inputs used in the fair value measurements were as follows:
($ in thousands)
DescriptionFair Value at September 30, 2021Valuation
Technique		Significant Unobservable
Inputs		Range (Weighted Average)
Individually evaluated loans - collateral-dependent$7,973 Appraised valueDiscounts applied for estimated costs to sell10%
Individually evaluated loans - cash flow dependent4,306 PV of expected cash flowsDiscount rates used in the calculation of the present value ("PV") of expected cash flows
4%-11% (6.23%)
Foreclosed real estate462 Appraised valueDiscounts for estimated costs to sell10%
For Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis as of December 31, 2020, the significant unobservable inputs used in the fair value measurements were as follows:
($ in thousands)
DescriptionFair Value at December 31, 2020Valuation
Technique		Significant Unobservable
Inputs		Range (Weighted Average)
Impaired loans - valued at collateral value$16,000 Appraised valueDiscounts applied for estimated costs to sell10%
Impaired loans - valued at PV of expected cash flows6,142 PV of expected cash flowsDiscount rates used in the calculation of PV of expected cash flows
4%-11% (6.21%)
Foreclosed real estate1,484 Appraised valueDiscounts for estimated costs to sell10%
Schedule of the carrying amounts and estimated fair values of financial instruments
The carrying amounts and estimated fair values of financial instruments not carried at fair value at September 30, 2021 and December 31, 2020 are as follows:
  September 30, 2021December 31, 2020
($ in thousands)Level in Fair
Value
Hierarchy		Carrying
Amount		Estimated
Fair Value		Carrying
Amount		Estimated
Fair Value
Cash and due from banks, noninterest-bearingLevel 1$80,090 80,090 93,724 93,724 
Due from banks, interest-bearingLevel 1314,103 314,103 273,566 273,566 
Securities held to maturityLevel 2367,893 369,953 167,551 170,734 
SBA loans held for saleLevel 21,518 1,766 6,077 7,465 
Total loans, net of allowanceLevel 34,806,213 4,799,181 4,678,927 4,661,197 
Accrued interest receivableLevel 119,422 19,422 20,272 20,272 
Bank-owned life insuranceLevel 1133,919 133,919 106,974 106,974 
SBA Servicing AssetLevel 35,895 6,954 5,788 6,569 
DepositsLevel 27,432,765 7,433,494 6,273,596 6,275,329 
BorrowingsLevel 260,764 53,962 61,829 53,321 
Accrued interest payableLevel 2609 609 904 904 
Commitments to extend creditLevel 3— 11,074 — 461