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LOW INCOME HOUSING PROJECT INVESTMENTS Low Income Housing Project Investments | 12 Months Ended
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Dec. 31, 2021
Low Income Housing Project Investments [Abstract] |
Investments in Low Income Housing Projects [Text Block] | LOW INCOME HOUSING PROJECT INVESTMENTS The Company has invested in low income housing projects that generate Low Income Housing Tax Credits ("LIHTC") which provide the Company with tax credits and operating loss tax benefits over a minimum of 15 years. None of the original investment is expected to be repaid. The following table presents certain information related to the Company's investments in low income housing projects as of December 31 of the years presented:
| 2021 |  | 2020 |  | 2019
| (Dollars in thousands)
Original investment value | $ | 179,481 |  |  | $ | 128,752 |  |  | $ | 96,275 |
Current recorded investment | $ | 135,497 |  |  | $ | 97,435 |  |  | $ | 72,510 |
Unfunded liability obligation | $ | 73,336 |  |  | $ | 49,586 |  |  | $ | 34,967 |
Tax credits and benefits earned during the year | $ | 14,198 |  |  | $ | 9,404 |  |  | $ | 7,342 |
Amortization of investments during the year | $ | 11,892 |  |  | $ | 7,552 |  |  | $ | 5,645 |
Net income tax benefit recognized during the year | $ | 2,306 |  |  | $ | 1,851 |  |  | $ | 1,696 |

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