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Tax Credit Investments (Tables)
6 Months Ended
Jun. 30, 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:
June 30,December 31,
20222021
Included in other assets:(in thousands)
Affordable housing tax credit investments$168,500 $161,052 
Other tax credit investments62,043 42,987 
Total TCIs$230,543 $204,039 
Included in other liabilities:
Unfunded affordable housing tax credit commitments$56,630 $49,364 
Other tax credit liabilities48,113 33,941 
Total unfunded tax credit commitments and liabilities$104,743 $83,305 
The following table presents other information relating to the Corporation's TCIs:
Three months ended June 30Six months ended June 30
2022202120222021
Components of income taxes:(in thousands)
Affordable housing tax credits and other tax benefits$(6,209)$(6,543)$(12,417)$(13,031)
Other tax credit investment credits and tax benefits(845)(722)(1,690)(1,445)
Amortization of affordable housing investments, net of tax benefit4,824 4,323 9,649 8,689 
Deferred tax expense192 160 383 320 
Total net reduction in income tax expense$(2,038)$(2,782)$(4,075)$(5,467)
Amortization of TCIs:
Total amortization of TCIs$695 $1,563 $1,391 $3,094