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LOW INCOME HOUSING PROJECT INVESTMENTS Low Income Housing Project Investments (Tables) | 12 Months Ended
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Dec. 31, 2017
Low Income Housing Project Investments [Abstract] |
Investments in Low Income Housing Projects [Table Text Block] | The following table presents certain information related to the Company's investments in low income housing projects as of December 31:
| 2017 |  | 2016 |  | 2015
| (Dollars in thousands)
Original investment value | $ | 47,399 |  |  | $ | 47,379 |  |  | $ | 42,199 |
Current recorded investment | $ | 35,225 |  |  | $ | 39,606 |  |  | $ | 38,151 |
Unfunded liability obligation | $ | 4,536 |  |  | $ | 12,161 |  |  | $ | 14,607 |
Tax credits and benefits earned during the year | $ | 5,654 |  |  | $ | 5,366 |  |  | $ | 3,632 |
Amortization of investments during the year (1) | $ | 4,402 |  |  | $ | 3,725 |  |  | $ | 2,450 |
Net income tax benefit recognized during the year | $ | 1,253 |  |  | $ | 1,641 |  |  | $ | 1,182 |
(1) | The 2017 amount is inclusive of $466,000 related to the revaluation of Low Income Housing tax credit investments as a result of the 2017 Tax Act.

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