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Commitments, Contingencies, and Concentrations of Credit Risk (Tables)
12 Months Ended
Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Outstanding Loan Commitments The following table presents the Company’s outstanding loan commitments at December 31, 2020 and December 31, 2019.
($ in thousands)December 31, 2020December 31, 2019
Type of CommitmentFixed RateVariable RateTotalFixed RateVariable RateTotal
Loan commitments
$238,745 94,218 332,963 263,775 123,169 386,944 
Unused lines of credit
188,014 900,046 1,088,060 169,278 766,450 935,728 
Total
$426,759 994,264 1,421,023 433,053 889,619 1,322,672 
Schedule of Maximum Credit Risk for Securities The following are the fair values at December 31, 2020 of securities to any one issuer/guarantor that exceed $5.0 million, with such amounts representing the maximum amount of credit risk that the Company would incur if the issuer did not repay the obligation.
($ in thousands)
Issuer
Amortized CostFair Value
Fannie Mae – mortgage-backed securities$571,245 585,035 
Freddie Mac – mortgage-backed securities549,811 552,830 
Ginnie Mae – mortgage-backed securities234,780 237,159 
Federal Farm Credit Bank – bonds40,015 40,356 
Federal Home Loan Bank system - bonds30,000 29,850 
Small Business Administration securities22,150 22,436 
Federal Reserve Bank  - common stock17,671 17,671 
First Citizens Bank – corporate bonds11,000 10,999 
Bank of America corporate bonds7,000 7,409 
Citigroup, Inc. corporate bonds6,014 6,346 
Federal Home Loan Bank of Atlanta -  common stock5,855 5,855 
Loudoun County, Virginia - municipal bond5,599 5,735 
Goldman Sachs Group Inc. corporate bond5,037 5,319 
JP Morgan Chase corporate bond5,009 5,294