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Tax Credit Investments (Tables)

3 Months Ended

Mar. 31, 2024

Tax Credit Investments [Abstract]

Summary Of Affordable Housing Investments

The following table summarizes the Company’s tax credit investments as of March 31, 2024 and December 31, 2023.

	March 31, 2024						December 31, 2023
Investment Type	Investment			Unfunded ‎Commitment			Investment			Unfunded ‎Commitment
Low Income Housing Tax Credit (LIHTC)	$	20,225		$	12,226		$	15,578		$	10,539
Historic Tax Credit (HTC)		2,025			1,573			2,025			1,573
Total	$	22,250		$	13,799		$	17,603		$	12,112

The following table summarizes the amortization expense and tax credits recognized for the Company’s tax credit investments for the three months ended March 31, 2024 and 2023, respectively:

	Three Months Ended March 31,
Amortization expense	2024			2023
LIHTC	$	353		$	130
HTC		-			-
Total	$	353		$	130
Tax credits recognized
LIHTC	$	355		$	130
HTC		-			-
Total	$	355		$	130

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- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

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- References

No definition available.

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