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INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)
9 Months Ended
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, 2025December 31, 2024
Investments in low-income housing tax credit partnerships, net of amortization$50,141 $48,730 
Investments in common securities of statutory trusts1,547 1,547 
Investments in affiliates113 90 
Other1,186 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)2025202420252024
Proportional amortization method:
Amortization expense recognized in income tax expense$1,537 $1,012 $4,604 $2,372 
Tax credits recognized in income tax expense1,798 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, LIHTCOtherTotal
2025 (remainder)$8,286 $553 $8,839 
20267,564 — 7,564 
20272,658 — 2,658 
20282,306 — 2,306 
202936 — 36 
203030 — 30 
Thereafter306 — 306 
Total unfunded commitments$21,186 $553 $21,739