Operating Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Summary of Supplemental Information Pertaining To Operating Leases and Lease Expense

The following tables present supplemental information pertaining to operating leases at and for the years ended December 31, 2022 and 2021.

	Years ended December 31,
($ in thousands)	2022			2021
Cash paid for amounts included in the measurement of lease liabilities for operating leases	$	16,564		$	17,591
Right of use assets obtained in exchange for lease liabilities		6,800			141
	December 31,
	2022			2021
Weighted average remaining lease term (in years)		12.03			12.56
Weighted average discount rate		3.41	%		3.37	%

The following table sets forth the components of the Company’s lease expense for the years ended December 31, 2022 and 2021.

	Years ended December 31,
($ in thousands)	2022			2021			2020
Operating lease expense	$	16,881		$	17,757		$	18,994
Short-term lease expense		209			135			165
Variable lease expense		63			105			97
Sublease income		(508	)		(320	)		(138	)
Total	$	16,645		$	17,677		$	19,118

At December 31, 2022, the Company had not entered into any material leases that had not yet commenced.

Summary Maturities of Lease Liabilities and Present Value Discount

The following table sets forth the maturities of the Company’s lease liabilities and the present value discount at December 31, 2022.

($ in thousands)
2023	$	16,311
2024		14,238
2025		13,632
2026		12,256
2027		11,138
Thereafter		77,982
Total	$	145,557
Present value discount		(29,135	)
Lease liability	$	116,422