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Qualified Affordable Housing Project Investments
3 Months Ended
Mar. 31, 2016
Federal Home Loan Banks [Abstract]  
Qualified Affordable Housing Project Investments

(15) Qualified Affordable Housing Project Investments

The Company invests in qualified affordable housing projects. At March 31, 2016 and December 31, 2015, the balance of the investment for qualified affordable housing projects was $2,267 and $2,177, respectively. These balances are reflected in the other assets line on the consolidated balance sheet. The unfunded commitments related to the investments in qualified affordable housing projects totaled $2,027 and $2,195 at March 31, 2016 and December 31, 2015, respectively.

During the quarters ended March 31, 2016 and 2015, the Company recognized amortization expense with respect to its investments in qualified affordable housing projects of $77 and $69, respectively, which was included within pretax income on the consolidated statements of operations.

Additionally, during the quarters ended March 31, 2016 and 2015, the Company recognized tax credits and other benefits from its investment in affordable housing tax credits of $147 and $117, respectively. During the quarters ended March 31, 2016 and 2015, the Company did not incur impairment losses related to its investment in qualified affordable housing projects.