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

As of September 30, 2025 and December 31, 2024, the Company had total commitments of $69.5 million and $63.5 million , respectively, to fund low-income housing tax credit ("LIHTC") partnerships.

Unfunded commitments related to LIHTC partnerships totaled $21.2 million and $19.1 million as of September 30, 2025 and December 31, 2024, respectively. These amounts were included in other liabilities in the Company's consolidated balance sheets.

The Company accounts for its LIHTC investments using the proportional amortization method, and these investments are reported in investments in unconsolidated entities in the Company's consolidated balance sheets.

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

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

In 2021, the Company committed $2.0 million to the JAM FINTOP Banktech Fund, L.P. ("JAM FINTOP"). The Company does not have the ability to exercise significant influence over the JAM FINTOP, and the investment does not have a readily determinable fair value. Accordingly, the Company determined that the cost method of accounting for the investment was appropriate.

During the third quarter of 2025, the Company received a distribution of proceeds from the sale of one of JAM FINTOP's portfolio companies of $0.9 million. The proceeds were treated as a return on capital and applied against the cost basis of the investment in JAM FINTOP.

The Company had unfunded commitments related to the investment of $0.6 million, and $0.8 million as of September 30, 2025 and December 31, 2024, respectively. These amounts are included in other liabilities in the Company's consolidated balance sheets.