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Affordable Housing Projects Tax Credit Partnerships (Tables)
 6 Months Ended
Jun. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Expected Payments for Unfunded Affordable Housing Commitments
As of June 30, 2025, the expected payments for unfunded affordable housing commitments were as follows:
(dollars in thousands)Amount
2025$35,076 
202661,293 
20271,871 
2028269 
2029235 
Thereafter15,070 
Total Unfunded Commitments$113,814 
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, 2025 and 2024.
Three Months Ended June 30,Six Months Ended June 30,
(dollars in thousands)2025202420252024
Effective Yield Method
Tax Credits and Other Tax Benefits Recognized$533 $1,137 $1,066 $2,274 
Amortization Expense in Provision for Income Taxes557 1,119 1,114 2,239 
Proportional Amortization Method
Tax Credits and Other Tax Benefits Recognized$8,844 $6,210 $17,688 $12,420 
Amortization Expense in Provision for Income Taxes7,491 5,348 14,982 10,695