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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Balances of the Company's tax credit Investments and Related Unfunded Commitment

The following table presents the balances of the Company's tax credit investments and related unfunded commitments at March 31, 2025 and December 31, 2024:

 

 

March 31, 2025

 

 

December 31, 2024

 

 

(Dollars in thousands)

 

Tax credit investments

 

$

79,424

 

 

$

57,264

 

Unfunded commitments - tax credit investments

 

$

71,797

 

 

$

45,809

 

Schedule of Other Information related to the Company's Tax Credit Investments

The following table presents other information related to the Company's tax credit investments as of March 31, 2025 and December 31, 2024:

 

 

March 31, 2025

 

 

December 31, 2024

 

 

(Dollars in thousands)

 

Tax credits and other tax benefits recognized

 

$

37,725

 

 

$

21,257

 

Tax credit amortization expense included in provision for income taxes

 

$

33,451

 

 

$

17,421