Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

Select terms of the hedges are as follows:

$ in thousands
Notional	Fixed Rate	Maturity Date
$15,465	2.60%	March 15, 2024
$14,433	2.60%	March 30, 2024
$18,558	2.64%	March 15, 2026
$13,506	2.64%	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 Amount				Derivative Assets				Derivative Liabilities
($ in thousands)	December 31, 2023		December 31, 2022		December 31, 2023		December 31, 2022		December 31, 2023		December 31, 2022
Derivatives designated as hedging instruments
Interest rate swaps	$	211,962	$	161,962	$	1,389	$	2,348	$	233	$	921
Interest rate collar	100,000		100,000		514		—		—		48
Total					$	1,903	$	2,348	$	233	$	969
Derivatives not designated as hedging instruments
Interest rate swaps	$	779,152	$	687,902	$	15,886	$	20,610	$	15,951	$	20,612

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, 2023
							Gross Amounts Not Offset in the Statement of Financial Position
($ in thousands)	Gross Amounts Recognized		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets presented in the Statement of Financial Position		Financial Instruments		Fair Value Collateral Posted		Net Amount
Assets:
Interest rate swaps	$	17,275	$	—	$	17,275	$	1,105	$	16,170	$	—
Interest rate collar	514		—		514		—		—		514
Liabilities:
Interest rate swaps	$	16,184	$	—	$	16,184	$	1,105	$	—	$	15,079
Securities sold under agreements to repurchase	250,197		—		250,197		—		250,197		—
As of December 31, 2022
							Gross Amounts Not Offset in the Statement of Financial Position
($ in thousands)	Gross Amounts Recognized		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets presented in the Statement of Financial Position		Financial Instruments		Fair Value Collateral Posted		Net 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 collar	48		—		48		—		—		48
Securities sold under agreements to repurchase	270,773		—		270,773		—		270,773		—