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INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables) | 9 Months Ended
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Sep. 30, 2025
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, 2025 |  | December 31, 2024
Investments in low-income housing tax credit partnerships, net of amortization | $ | 50,141 |  |  | $ | 48,730 |
Investments in common securities of statutory trusts | 1,547 |  |  | 1,547 |
Investments in affiliates | 113 |  |  | 90 |
Other | 1,186 |  |  | 2,050 |
Total | $ | 52,987 |  |  | $ | 52,417 |
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) | 2025 |  | 2024 |  | 2025 |  | 2024
Proportional amortization method: |  |  |  |  |  |  |
Amortization expense recognized in income tax expense | $ | 1,537 |  |  | $ | 1,012 |  |  | $ | 4,604 |  |  | $ | 2,372 |
Tax credits recognized in income tax expense | 1,798 |  |  | 1,155 |  |  | 5,386 |  |  | 2,756 |
Other Commitments | The following table presents the expected payments for unfunded commitments related to LIHTC and other partnership investments as of September 30, 2025. The table includes expected funding for the remainder of fiscal year 2025, the next five succeeding fiscal years, and all years thereafter:
(dollars in thousands) |  |  |  |  |
Year Ending December 31, | LIHTC |  | Other |  | Total
2025 (remainder) | $ | 8,286 |  |  | $ | 553 |  |  | $ | 8,839 |
2026 | 7,564 |  |  | — |  |  | 7,564 |
2027 | 2,658 |  |  | — |  |  | 2,658 |
2028 | 2,306 |  |  | — |  |  | 2,306 |
2029 | 36 |  |  | — |  |  | 36 |
2030 | 30 |  |  | — |  |  | 30 |
Thereafter | 306 |  |  | — |  |  | 306 |
Total unfunded commitments | $ | 21,186 |  |  | $ | 553 |  |  | $ | 21,739 |

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- Definition A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. + References No definition available. + Details
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