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LOW INCOME HOUSING PROJECT INVESTMENTS Low Income Housing Project Investments
12 Months Ended
Dec. 31, 2022
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:
202220212020
(Dollars in thousands)
Original investment value$197,124 $179,481 $128,752 
Current recorded investment139,454 135,497 97,435 
Unfunded liability obligation57,913 73,336 49,586 
Tax credits and benefits earned during the year17,011 14,198 9,404 
Amortization of investments during the year13,647 11,892 7,552 
Net income tax benefit recognized during the year3,364 2,306 1,851