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Fair Value of Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Financial Instruments Measured at Fair Value on a Recurring and Nonrecurring Basis
The following table summarizes the Company’s financial instruments that were measured at fair value on a recurring and nonrecurring basis at December 31, 2022.
Description of Financial Instruments ($ in thousands)
Fair Value at December 31,
2022		Quoted Prices in
Active Markets
for Identical
Assets (Level 1)		Significant Other Observable Inputs (Level 2)Significant
Unobservable
Inputs
(Level 3)
Recurring    
Securities available for sale:
    
US Treasury securities$168,758 — 168,758 — 
Government-sponsored enterprise securities57,456 — 57,456 — 
Mortgage-backed securities2,045,000 — 2,045,000 — 
Corporate bonds43,279 — 43,279 — 
Total available for sale securities
$2,314,493 — 2,314,493 — 
Presold mortgages in process of settlement$1,282 1,282 — — 
Nonrecurring
Individually evaluated loans$9,590 — — 9,590 
Foreclosed real estate
38 — — 38 
The following table summarizes the Company’s financial instruments that were measured at fair value on a recurring and nonrecurring basis at December 31, 2021.
Description of Financial Instruments ($ in thousands)
Fair Value at December 31,
2021		Quoted Prices in
Active Markets
for Identical
Assets (Level 1)		Significant
Other
Observable
Inputs (Level 2)		Significant
Unobservable
Inputs
(Level 3)
Recurring    
Securities available for sale:
    
Government-sponsored enterprise securities$69,179 — 69,179 — 
Mortgage-backed securities2,514,805 — 2,514,805 — 
Corporate bonds46,430 — 46,430 — 
Total available for sale securities$2,630,414 — 2,630,414 — 
Presold Mortgages in process of settlement$19,257 19,257 — — 
Nonrecurring
Impaired loans
$11,583 — — 11,583 
Foreclosed real estate
364 — — 364 
Schedule of Significant Unobservable Inputs
For Level 3 assets and liabilities measured at fair value on a non-recurring basis as of December 31, 2022, the significant unobservable inputs used in the fair value measurements were as follows:
($ in thousands)Fair Value at December 31,
2022		Valuation
Technique		Significant Unobservable
Inputs		Range (Weighted Average)
Individually evaluated loans - collateral-dependent$5,680 Appraised valueDiscounts applied for estimated costs to sell10%
Individually evaluated loans - cash-flow dependent3,909PV of expected cash flowsDiscount rates used in the calculation of PV of expected cash flows
5.5% - 11.1% (6.76%)
Foreclosed real estate38 Appraised valueDiscounts applied for estimated costs to sell10%
For Level 3 assets and liabilities measured at fair value on a non-recurring basis as of December 31, 2021, the significant unobservable inputs used in the fair value measurements were as follows:
($ in thousands)Fair Value at December 31,
2021		Valuation
Technique		Significant Unobservable
Inputs		Range (Weighted Average)
Impaired loans - valued at collateral value$7,326 Appraised valueDiscounts applied for estimated costs to sell10%
Impaired loans - valued at PV of expected cash flows4,257 PV of expected cash flowsDiscount rates used in the calculation of PV of expected cash flows
4% -11% (6.22%)
Foreclosed real estate364 Appraised valueDiscounts applied for estimated costs to sell10%
Schedule of the Carrying Amounts and Estimated Fair Values of Financial Instruments The carrying amounts and estimated fair values of financial instruments not carried at fair value as of December 31, 2022 and 2021 are as follows:
 December 31, 2022December 31, 2021
 
($ in thousands)		Level in
Fair Value
Hierarchy		Carrying
Amount		Estimated
Fair Value		Carrying
Amount		Estimated
Fair Value
Cash and due from banks, noninterest-bearing
Level 1$101,133 101,133 128,228 128,228 
Due from banks, interest-bearing
Level 1169,185 169,185 332,934 332,934 
Securities held to maturity
Level 2541,700 432,528 513,825 511,699 
SBA and other loans held for saleLevel 2— — 61,003 62,004 
Total loans, net of allowance
Level 36,574,178 6,240,870 6,002,926 5,990,235 
Accrued interest receivable
Level 129,710 29,710 25,896 25,896 
Bank-owned life insurance
Level 1164,592 164,592 165,786 165,786 
SBA servicing assetLevel 34,004 4,721 5,472 5,546 
Deposits
Level 29,227,529 9,218,945 9,124,629 9,124,701 
Borrowings
Level 2287,507 277,146 67,386 61,295 
Accrued interest payable
Level 12,738 2,738 607 607