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Tax Credit Investments (Tables)
3 Months Ended
Mar. 31, 2022
Income Tax Disclosure [Abstract]  
Summary Of Affordable Housing Tax Credit Investments And Other Credit Investments
The following table presents the balances of the Corporation's TCIs and related unfunded commitments:
March 31,December 31,
20222021
Included in other assets:(in thousands)
Affordable housing tax credit investments$164,678 $161,052 
Other tax credit investments62,160 42,987 
Total TCIs$226,838 $204,039 
Included in other liabilities:
Unfunded affordable housing tax credit commitments$48,873 $49,364 
Other tax credit liabilities48,116 33,941 
Total unfunded tax credit commitments and liabilities$96,989 $83,305 
The following table presents other information relating to the Corporation's TCIs:
Three months ended March 31
20222021
Components of income taxes:(in thousands)
Affordable housing tax credits and other tax benefits$(6,208)$(6,488)
Other tax credit investment credits and tax benefits(845)(723)
Amortization of affordable housing investments, net of tax benefit4,825 4,366 
Deferred tax expense191 160 
Total net reduction in income tax expense$(2,037)$(2,685)
Amortization of TCIs:
Total amortization of TCIs$696 $1,531