XML 77 R61.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Investments in Tax Credit Structures (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Investments in Tax Credit Structures | The following table presents the investments and unfunded commitment of the Company’s investments in tax credit structures at December 31, 2024 and 2023:
|  | December 31, 2024 |  | December 31, 2023
|  | Assets |  | Unfunded Commitments |  | Assets |  | Unfunded Commitments
|  |  |  | (Dollars in thousands) |  |
PAM: |  |  |  |  |  |  |  |
Investments in solar tax credit |  | $ | 3,425 |  |  | $ | 2,758 |  |  | $ | — |  |  | $ | — |
Equity method: |  |  |  |  |  |  |  |
Investments in affordable housing partnerships |  | 32,354 |  |  | 11,283 |  |  | 54,474 |  |  | 21,017 |
Total |  | $ | 35,779 |  |  | $ | 14,041 |  |  | $ | 54,474 |  |  | $ | 21,017 |
The following table presents additional information related to tax credit and benefits and amortization recorded for the years ended December 31, 2024, 2023, and 2022.
|  | Year Ended December 31,
|  | 2024 |  | 2023 |  | 2022
|  | (Dollars in thousands)
Tax credits and benefits: |  |  |  |  |  |
PAM |  |  |  |  |  |
Investments in solar tax credit |  | $ | 18,211 |  |  | $ | — |  |  | $ | — |
Equity method |  |  |  |  |  |
Investments in affordable housing partnerships |  | 11,067 |  |  | 11,271 |  |  | 11,197 |
Total |  | $ | 29,278 |  |  | $ | 11,271 |  |  | $ | 11,197 |
Amortization: |  |  |  |  |  |
PAM |  |  |  |  |  |
Investments in solar tax credit |  | $ | 16,575 |  |  | $ | — |  |  | $ | — |
Equity method |  |  |  |  |  |
Investments in affordable housing partnerships |  | 9,051 |  |  | 8,195 |  |  | 8,742 |
Total |  | $ | 25,626 |  |  | $ | 8,195 |  |  | $ | 8,742 |

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration