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Other Assets

3 Months Ended

Mar. 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Note 7 — Other Assets

A summary of accrued interest receivable and other assets was as follows:


	March 31, 2024		December 31, 2023
	(In Thousands)
Accrued interest receivable	$	13,650	$	13,275
Net deferred tax asset	8,267		9,508
Investment in historic development entities	2,393		2,393
Investment in low-income housing development entities	31,471		33,303
Investment in limited partnerships	15,566		15,027
Prepaid expenses	5,309		4,269
Other assets	13,688		13,283
Total accrued interest receivable and other assets	$	90,344	$	91,058

For the three months ended March 31, 2024 and 2023, the Corporation amortized tax credit investments of $1.3 million and $436,000 respectively, and recognized tax credits and other benefits for the three months ended March 31, 2024 and 2023 of $1.7 million and $586,000, respectively, within the income tax expense on the unaudited consolidated statements of income.