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INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)
 3 Months Ended
Mar. 31, 2024
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)March 31, 2024December 31, 2023
Investments in low-income housing tax credit partnerships, net of amortization$37,151 $37,838 
Investments in common securities of statutory trusts1,547 1,547 
Investments in affiliates32 111 
Other2,050 2,050 
Total$40,780 $41,546 
The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the periods presented:

Three Months Ended March 31,
(dollars in thousands)20242023
Proportional amortization method:
Amortization expense recognized in income tax expense$686 $714 
Tax credits recognized in income tax expense800 892 
Other Commitments
The following table presents the expected payments for the unfunded commitments of LIHTC and other partnerships as of March 31, 2024, for the remainder of fiscal year 2024, the next five succeeding fiscal years, and all years thereafter:

(dollars in thousands)
Year Ending December 31, LIHTCOtherTotal
2024 (remainder)$9,696 $903 $10,599 
20254,248 — 4,248 
202626 — 26 
202726 — 26 
202820 — 20 
202927 — 27 
Thereafter286 — 286 
Total unfunded commitments$14,329 $903 $15,232