Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

The following is a summary of the gross carrying amount and accumulated amortization of amortizable intangible assets and the carrying amount of unamortizable intangible assets as of the periods presented.

	December 31, 2023				December 31, 2022
($ in thousands)	Gross Carrying Amount		Accumulated Amortization	Net Amount	Gross Carrying Amount	Accumulated Amortization	Net Amount
Amortizable intangible assets:
Customer lists	$	2,700	2,167	533	2,700	1,847	853
Core deposit intangibles	57,890		28,932	28,958	29,050	21,274	7,776
Other	100		83	17	100	58	42
Intangibles before servicing assets	60,690		31,182	29,508	31,850	23,179	8,671
SBA servicing assets	13,966		10,616	3,350	13,264	9,260	4,004
Total amortizable intangible assets	$	74,656	41,798	32,858	45,114	32,439	12,675
Unamortizable intangible assets:
Goodwill	$	478,750			364,263

Schedule of Servicing Assets at Fair Value

A summary of the key assumptions used in the discounted cash flow method utilized to estimate the fair value of the SBA servicing asset were as follows:

	December 31, 2023	December 31, 2022
Prepayment rate assumption:
Weighted average	19.05%	15.58%
Range	9.27% - 33.14%	7.29% - 32.38%
Discount rate:
Weighted average	16.36%	22.14%
Range	11.19% - 22.51%	14.44% - 31.29%
Servicing cost	0.40%	0.40%

SBA Servicing Assets

The following table presents the changes in the SBA servicing assets for each period indicated.

($ in thousands)	December 31, 2023		December 31, 2022
Beginning balance, net	$	4,004	5,472
Add: New servicing assets	702		1,332
Less: Amortization expense and impairment charges	(1,356)		(2,800)
Ending balance, net	$	3,350	4,004

Changes in Carrying Amount of Goodwill

The following table presents the changes in carrying amounts of goodwill:

($ in thousands)	Total Goodwill
Balance at December 31, 2021	$	364,263
Net activity during 2022	—
Balance at December 31, 2022	364,263
Additions from acquisition of GrandSouth	114,487
Balance at December 31, 2023	$	478,750

Schedule of the Estimated Amortization Expense

($ in thousands)	Estimated Amortization Expense
2024	$	6,604
2025	5,672
2026	4,704
2027	3,951
2028	3,197
Thereafter	5,380
Total	$	29,508