Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net and Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2020

Investments in Qualified Affordable Housing Partnerships, Net [Abstract]

Schedule of investments in qualified affordable housing partnerships, net, and related unfunded commitments

The following table presents the Company’s investments in qualified affordable housing partnerships, net, and related unfunded commitments as of December 31, 2020 and 2019:

($ in thousands)	December 31,
	2020		2019
Investments in qualified affordable housing partnerships, net	$	213,555	$	207,037
Accrued expenses and other liabilities — Unfunded commitments	$	77,444	$	80,294

Schedule of additional information related to investments in qualified affordable housing partnership, net

The following table presents additional information related to the Company’s investments in qualified affordable housing partnerships, net, for the years ended December 31, 2020, 2019 and 2018:

($ in thousands)	Year Ended December 31,
	2020		2019		2018
Tax credits and other tax benefits recognized	$	45,971	$	46,034	$	39,262
Amortization expense included in income tax expense	$	37,132	$	36,561	$	28,046

Schedule of tax credit and other investment, net, and related unfunded commitments

The following table presents the Company’s investments in tax credit and other investments, net, and related unfunded commitments as of December 31, 2020 and 2019:

($ in thousands)	December 31,
	2020		2019
Investments in tax credit and other investments, net	$	266,525	$	254,140
Accrued expenses and other liabilities — Unfunded commitments	$	105,282	$	113,515

Schedule of unfunded commitments related to investments in qualified affordable housing partnerships, tax credit and other investments, estimated to be funded

As of December 31, 2020, the Company’s unfunded commitments related to investments in qualified affordable housing partnerships, tax credit and other investments are estimated to be funded as follows:

($ in thousands)	Amount
2021	$	125,142
2022	37,175
2023	14,499
2024	2,034
2025	462
Thereafter	3,414
Total	$	182,726