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INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)
12 Months Ended
Dec. 31, 2022
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Schedule of Investments in and Advances to Affiliates, Schedule of Investments
Investments in unconsolidated entities as of December 31, 2022 and 2021 consisted of the following components:
  
December 31,
(Dollars in thousands)20222021
Investments in low income housing tax credit partnerships$40,939 $25,916 
Investments in common securities of statutory trusts1,547 1,547 
Investments in affiliates110 162 
Other4,045 2,054 
Total$46,641 $29,679 
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,
(Dollars in thousands)202220212020
Proportional amortization method:
Amortization expense recognized in income tax expense$2,566 $2,174 $1,391 
Federal and state tax credits recognized in income tax expense2,938 2,373 1,599 
Future Commitments
The expected payments for the unfunded commitments related to the Company's investments in unconsolidated entities as of December 31, 2022 are as follows:

(Dollars in thousands)LIHTCOther
Year Ending December 31:PartnershipsPartnershipsTotal
2023$9,693 $1,303 $10,996 
20249,280 — 9,280 
20254,248 — 4,248 
202626 — 26 
202726 — 26 
Thereafter333 — 333 
Total commitments$23,606 $1,303 $24,909