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Investments in Tax Credit Structures (Tables)
12 Months Ended
Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Investments in Tax Credit Structures
The following table presents the investments and unfunded commitments of the Company’s investments in tax credit structures at December 31, 2025 and 2024:
December 31, 2025December 31, 2024
AssetsUnfunded CommitmentsAssetsUnfunded Commitments
(Dollars in thousands)
PAM:
Investments in renewable energy tax credits$12,440 $12,405 $3,425 $2,758 
Equity method:
Investments in affordable housing partnerships27,941 20,478 32,354 11,283 
Total$40,381 $32,883 $35,779 $14,041 
The following table presents additional information related to tax credit and benefits and amortization recorded for the years ended December 31, 2025, 2024, and 2023.
Year Ended December 31,
202520242023
(Dollars in thousands)
Tax credits and benefits:
PAM
Investments in renewable energy tax credits$40,256 $18,211 $— 
Equity method
Investments in affordable housing partnerships12,087 11,067 11,271 
Total$52,343 $29,278 $11,271 
Amortization:
PAM
Investments in renewable energy tax credits$36,882 $16,575 $— 
Equity method
Investments in affordable housing partnerships10,547 9,051 8,195 
Total$47,429 $25,626 $8,195