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INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)
 9 Months Ended
Sep. 30, 2023
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]  
Schedule of investment in unconsolidated subsidiaries
The following table presents the components of the Company's investments in unconsolidated entities as of the dates presented:

(dollars in thousands)September 30, 2023December 31, 2022
Investments in low income housing tax credit partnerships, net of amortization$38,797 $40,939 
Investments in common securities of statutory trusts1,547 1,547 
Investments in affiliates129 110 
Other2,050 4,045 
Total$42,523 $46,641 
The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the periods presented:

Three Months Ended September 30,Nine Months Ended September 30,
(dollars in thousands)2023202220232022
Proportional amortization method:
Amortization expense recognized in income tax expense$714 $606 $2,142 $1,820 
Tax credits recognized in income tax expense891 709 2,675 2,127 
Other Commitments
The following table presents the expected payments for the unfunded commitments of LIHTC and other partnerships as of September 30, 2023, for the remainder of fiscal year 2023, the next five succeeding fiscal years, and all years thereafter:

(dollars in thousands)
Year Ending December 31, LIHTCOtherTotal
2023 (remainder)$9,693 $983 $10,676 
20249,280 — 9,280 
20254,248 — 4,248 
202626 — 26 
202726 — 26 
202820 — 20 
Thereafter313 — 313 
Total unfunded commitments$23,606 $983 $24,589