INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES

3 Months Ended

Mar. 31, 2016

Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES

The components of the Company’s investments in unconsolidated subsidiaries were as follows:



(dollars in thousands)	March 31, 2016		December 31, 2015
Investments in low income housing tax credit partnerships	$	2,446	$	2,699
Trust preferred investments	2,792		2,792
Investments in affiliates	335		612
Other	54		54
Total	$	5,627	$	6,157

Investments in low income housing tax credit (“LIHTC”) partnerships are accounted for using the cost method. The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the three months ended March 31, 2016 and March 31, 2015:



(dollars in thousands)	Three Months Ended March 31, 2016		Three Months Ended March 31, 2015
Cost method:
Amortization expense in other operating expenses	$	258	$	288
Tax credits recognized in income tax expense	337		328