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INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)
12 Months Ended
Dec. 31, 2017
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Schedule of Investments in and Advances to Affiliates, Schedule of Investments [Table Text Block]
Investments in unconsolidated subsidiaries as of December 31, 2017 and 2016 consisted of the following components:
  
 
December 31,
 
2017
 
2016
 
(Dollars in thousands)
Investments in low income housing tax credit partnerships
$
3,608

 
$
3,353

Trust preferred investments
2,792

 
2,792

Investments in affiliates
634

 
690

Other
54

 
54

Total
$
7,088

 
$
6,889

The following table presents amortization expense and tax credits recognized associated with our investments in LIHTC partnerships for the periods presented:

 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(Dollars in thousands)
Cost method:
 
 
 
 
 
Amortization expense recognized in other operating expense
$
744

 
$
1,045

 
$
1,078

Federal and state tax credits recognized in income tax expense
919

 
1,174

 
1,225

Future Commitments
The expected payments for the unfunded low income housing commitments as of December 31, 2017 are as follows (in thousands):

Year Ending December 31:
 
2018
$
1,881

2019
700

2020

2021

2022

Thereafter

Total commitments
$
2,581