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Condensed Parent Company Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract] |
Condensed Balance Sheets |
CONDENSED BALANCE SHEETS | As of December 31,
($ in thousands) | 2021 |  | 2020
Assets |  |  |
Cash on deposit with bank subsidiary | $ | 18,625 |  |  | 15,284 |
Investment in wholly-owned subsidiaries, at equity | 1,279,285 |  |  | 938,294 |
Premises and Equipment | 7 |  |  | 7 |
Other assets | 5,056 |  |  | (164) |
Total assets | 1,302,973 |  |  | 953,421 |
Liabilities and shareholders’ equity |  |  |
Trust preferred securities | 65,412 |  |  | 54,200 |
Other liabilities | 6,986 |  |  | 5,800 |
Total liabilities | 72,398 |  |  | 60,000 |
Shareholders’ equity | 1,230,575 |  |  | 893,421 |
Total liabilities and shareholders’ equity | $ | 1,302,973 |  |  | 953,421 |
Condensed Statements of Income |
CONDENSED STATEMENTS OF INCOME | Year Ended December 31,
($ in thousands) | 2021 |  | 2020 |  | 2019
Dividends from wholly-owned subsidiaries | $ | 25,300 |  |  | 63,100 |  |  | 29,800 |
Earnings of wholly-owned subsidiaries, net of dividends | 75,697 |  |  | 20,899 |  |  | 65,555 |
Interest expense | (1,455) |  |  | (1,743) |  |  | (2,648) |
All other income and (expenses), net | (3,898) |  |  | (779) |  |  | (661) |
Net income | $ | 95,644 |  |  | 81,477 |  |  | 92,046 |
Condensed Statements of Cash Flows |
CONDENSED STATEMENTS OF CASH FLOWS | Year Ended December 31,
($ in thousands) | 2021 |  | 2020 |  | 2019
Operating Activities: |  |  |  |  |
Net income | $ | 95,644 |  |  | 81,477 |  |  | 92,046 |
Equity in undistributed earnings of subsidiaries | (75,697) |  |  | (20,899) |  |  | (65,555) |
Decrease (increase) in other assets | 3,924 |  |  | 5,806 |  |  | (5,850) |
(Decrease) increase in other liabilities | (859) |  |  | (3) |  |  | 64 |
Total – operating activities | 23,012 |  |  | 66,381 |  |  | 20,705 |
Investing Activities: |  |  |  |  |
Net cash received in acquisitions | 7,379 |  |  | — |  |  | — |
Total - investing activities | 7,379 |  |  | — |  |  | — |
Financing Activities: |  |  |  |  |
Payment of common stock cash dividends | (22,228) |  |  | (20,936) |  |  | (13,662) |
Repurchases of common stock | (4,036) |  |  | (31,868) |  |  | (10,000) |
Proceeds from issuance of common stock | — |  |  | — |  |  | 129 |
Stock withheld for payment of taxes | (786) |  |  | (307) |  |  | (702) |
Total - financing activities | (27,050) |  |  | (53,111) |  |  | (24,235) |
Net increase (decrease) in cash | 3,341 |  |  | 13,270 |  |  | (3,530) |
Cash, beginning of year | 15,284 |  |  | 2,014 |  |  | 5,544 |
Cash, end of year | $ | 18,625 |  |  | 15,284 |  |  | 2,014 |

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