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Other Assets | 3 Months Ended
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Mar. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Other Assets | Note 7 — Other Assets A summary of accrued interest receivable and other assets was as follows:
|  | March 31, 2022 |  | December 31, 2021
|  | (In Thousands)
Accrued interest receivable |  | $ | 5,973 |  |  | $ | 5,497 |
Net deferred tax asset |  | 8,146 |  |  | 6,175 |
Investment in historic development entities |  | 2,299 |  |  | 2,299 |
Investment in low-income housing development entity |  | 3,613 |  |  | 2,964 |
Investment in limited partnerships |  | 11,441 |  |  | 9,874 |
Investment in Trust II |  | — |  |  | 315 |
Prepaid expenses |  | 3,655 |  |  | 2,689 |
Other assets |  | 8,689 |  |  | 9,577 |
Total accrued interest receivable and other assets |  | $ | 43,816 |  |  | $ | 39,390 |
As of March 30, 2022, the Corporation surrendered its common shares for no gain or loss and exited the Trust II entity. Previously, the Corporation was the sole owner of $315,000 of common securities issued by Trust II. The purpose of Trust II was to complete the sale of $10.0 million of 10.50% fixed rate preferred securities. Trust II, a wholly owned subsidiary of the Corporation, is not consolidated into the financial statements of the Corporation. The investment in Trust II of $315,000 as of December 31, 2021 is included in accrued interest receivable and other assets.

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- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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