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Affordable Housing Partnership, Tax Credit and Community Reinvestment Act Investments, Net (Tables)
 6 Months Ended
Jun. 30, 2025
Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net and Variable Interest Entities [Abstract]  
Schedule of Affordable Housing, Tax Credit and CRA Investments, Net and Related Unfunded Commitments
The following table presents the investments and unfunded commitments of the Company’s affordable housing partnership, tax credit, and CRA investments, net as of June 30, 2025 and December 31, 2024:
June 30, 2025December 31, 2024
($ in thousands)Assets
Liabilities - Unfunded Commitments (1)
Assets
Liabilities - Unfunded Commitments (1)
PAM:
Affordable housing partnership investments$492,008 $238,374 $500,217 $280,919 
Tax credit and CRA investments166,097 59,664 160,429 21,202 
Equity method of accounting and other:
Tax credits and CRA investments310,284 
(2)
121,966 265,994 
(2)
105,743 
Total$968,389 $420,004 $926,640 $407,864 
(1)Included in Accrued expenses and other liabilities on the Consolidated Balance Sheet.
(2)Includes $36 million and $29 million of equity securities without readily determinable fair values as of June 30, 2025 and December 31, 2024, respectively.
Schedule of Additional Information related to the Affordable Housing, Tax Credit and CRA Investments, Net
The following table presents additional information related to the investments in affordable housing partnership, tax credit and CRA investments for the three and six months ended June 30, 2025 and 2024:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2025202420252024
Tax credits and benefits (1):
PAM:
Affordable housing partnership investments$20,946 $15,612 $40,608 $34,031 
Tax credit and CRA investments40,114 26,304 57,747 53,453 
Equity method of accounting and other:
Tax credit and CRA investments25,096 21,543 37,101 34,137 
Total tax credits and benefits$86,156 $63,459 $135,456 $121,621 
Amortization:
PAM (2):
Affordable housing partnership investments$15,428 $9,774 $30,834 $23,643 
Tax credit and CRA investments32,306 20,015 45,170 43,316 
Equity method of accounting and other:
Tax credit and CRA investments (3)
26,236 16,052 41,978 29,259 
Total amortization$73,970 $45,841 $117,982 $96,218 
(1)Included in Income tax expense on the Consolidated Statement of Income.
(2)For affordable housing partnership, tax credit and CRA investments that are qualified for accounting under PAM, amortization is included in Income tax expense on the Consolidated Statement of Income.
(3)For tax credit and CRA investments that are not accounted for under PAM, amortization is included in Amortization of tax credit and CRA investments as part of Noninterest expense on the Consolidated Statement Income.