INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)

6 Months Ended

Jun. 30, 2020

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

Schedule of investment in unconsolidated subsidiaries

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


(dollars in thousands)	June 30, 2020		December 31, 2019
Investments in low income housing tax credit partnerships	$	14,626	$	15,322
Investments in common securities of statutory trusts	1,547		1,547
Investments in affiliates	201		192
Other	54		54
Total	$	16,428	$	17,115

The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the three and six months ended June 30, 2020 and June 30, 2019:


(dollars in thousands)	Three Months Ended June 30, 2020		Three Months Ended June 30, 2019		Six Months Ended June 30, 2020		Six Months Ended June 30, 2019
Proportional amortization method:
Amortization expense recognized in income tax expense	$	348	$	259	$	696	$	517
Tax credits recognized in income tax expense	400		338		800		615

Other Commitments

e expected payments for the unfunded commitments as of June 30, 2020 for the remainder of fiscal year 2020, the next five succeeding fiscal years and all years thereafter are as follows (dollars in thousands):


Year Ending December 31,
2020 (remainder)	$	4,694
2021	1,494
2022	2,995
2023	10
2024	26
2025	6
Thereafter	43
Total unfunded commitments	$	9,268