XML 57 R36.htm IDEA: XBRL DOCUMENT v3.22.0.1
Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net and Variable Interest Entities (Tables)
12 Months Ended
Dec. 31, 2021
Investments in Qualified Affordable Housing Partnerships, Net [Abstract]  
Schedule of investments in qualified affordable housing partnerships, net, and related unfunded commitments
The following table presents the Company’s investments in qualified affordable housing partnerships, net, and related unfunded commitments as of December 31, 2021 and 2020:
($ in thousands)December 31,
20212020
Investments in qualified affordable housing partnerships, net$289,741 $213,555 
Accrued expenses and other liabilities — Unfunded commitments$146,152 $77,444 
Schedule of additional information related to investments in qualified affordable housing partnership, net
The following table presents additional information related to the Company’s investments in qualified affordable housing partnerships, net, for the years ended December 31, 2021, 2020 and 2019:
($ in thousands)Year Ended December 31,
202120202019
Tax credits and other tax benefits recognized$50,591 $45,971 $46,034 
Amortization expense included in income tax expense$33,248 $37,132 $36,561 
Schedule of tax credit and other investment, net, and related unfunded commitments
The following table presents the Company’s investments in tax credit and other investments, net, and related unfunded commitments as of December 31, 2021 and 2020:
($ in thousands)December 31,
20212020
Investments in tax credit and other investments, net$338,522 $266,525 
Accrued expenses and other liabilities — Unfunded commitments$163,464 $105,282 
Schedule of Amortization of Tax Credit and Other Investments
The following table presents additional information related to the Company’s investments in tax credit and other investments, net, for the years ended December 31, 2021, 2020 and 2019:
($ in thousands)Year Ended December 31,
202120202019
Amortization of tax credit and other investments$122,457 $70,082 $98,383 
Schedule of unfunded commitments related to investments in qualified affordable housing partnerships, tax credit and other investments, estimated to be funded
As of December 31, 2021, the Company’s unfunded commitments related to investments in qualified affordable housing partnerships, tax credit and other investments are estimated to be funded as follows:
($ in thousands)Amount
2022$174,475 
2023109,622 
20245,751 
202514,847 
2026978 
Thereafter3,943 
Total$309,616