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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments Select terms of the hedges are as follows:
$ in thousands
Notional Fixed RateMaturity Date
$15,4652.60%March 15, 2024
$14,4332.60%March 30, 2024
$18,5582.64%March 15, 2026
$13,5062.64%March 17, 2026
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet.
Notional AmountDerivative AssetsDerivative Liabilities
($ in thousands)December 31, 2022December 31, 2021December 31, 2022December 31, 2021December 31, 2022December 31, 2021
Derivatives designated as hedging instruments
Interest rate swaps$161,962 $61,962 $2,348 $— $921 $2,911 
Interest rate collar100,000 — — — 48 — 
Total$2,348 $— $969 $2,911 
Derivatives not designated as hedging instruments
Interest rate swaps$687,902 $918,698 $20,610 $12,869 $20,612 $12,883 
The tables below present a gross presentation, the effects of offsetting, and a net presentation of the Company’s financial instruments subject to offsetting. The gross amounts of assets or liabilities can be reconciled to the tabular disclosure of fair value. The tabular disclosure of fair value provides the location that financial assets and liabilities are presented on the Balance Sheet.
As of December 31, 2022
Gross Amounts Not Offset in the Statement of Financial Position

($ in thousands)
Gross Amounts RecognizedGross Amounts Offset in the Statement of Financial PositionNet Amounts of Assets presented in the Statement of Financial PositionFinancial InstrumentsFair Value Collateral PostedNet Amount
Assets:
Interest rate swaps$22,958 $— $22,958 $— $9,010 $13,948 
Liabilities:
Interest rate swaps$21,533 $— $21,533 $— $— $21,533 
Interest rate collar48 — 48 — — 48 
Securities sold under agreements to repurchase270,773 — 270,773 — 270,773 — 
As of December 31, 2021
Gross Amounts Not Offset in the Statement of Financial Position
($ in thousands)Gross Amounts RecognizedGross Amounts Offset in the Statement of Financial PositionNet Amounts of Assets presented in the Statement of Financial PositionFinancial InstrumentsFair Value Collateral PostedNet Amount
Assets:
Interest rate swaps$12,869 $— $12,869 $1,033 $— $11,836 
Liabilities:
Interest rate swaps$15,794 $— $15,794 $1,033 $14,031 $730 
Securities sold under agreements to repurchase331,006 — 331,006 — 331,006 —