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Affordable Housing Projects Tax Credit Partnerships (Tables)

6 Months Ended

Jun. 30, 2021

Equity Method Investments And Joint Ventures [Abstract]

Expected Payments for Unfunded Affordable Housing Commitments

As of June 30, 2021, the expected payments for unfunded affordable housing commitments were as follows:

(dollars in thousands)	Amount
2021	$	15,213
2022		6,757
2023		19,025
2024		173
2025		56
Thereafter		3,424
Total Unfunded Commitments	$	44,648

Schedule of Tax Credits and Other Tax Benefits Recognized and Amortization Expense Related to Affordable Housing

The following table presents tax credits and other tax benefits recognized and amortization expense related to affordable housing for the three and six months ended June 30, 2021, and June 30, 2020.

	Three Months Ended June 30,				Six Months Ended June 30,
(dollars in thousands)	2021		2020		2021		2020
Effective Yield Method
Tax credits and other tax benefits recognized	$	2,151	$	2,938	$	4,302	$	5,876
Amortization Expense in Provision for Income Taxes		1,670		2,147		3,362		4,293
Proportional Amortization Method
Tax credits and other tax benefits recognized	$	2,879	$	1,523	$	5,470	$	3,046
Amortization Expense in Provision for Income Taxes		2,385		1,318		4,711		2,637