XML 46 R29.htm IDEA: XBRL DOCUMENT v3.22.2
Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net and Variable Interest Entities (Tables)
6 Months Ended
Jun. 30, 2022
Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net and Variable Interest Entities [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 June 30, 2022 and December 31, 2021:
($ in thousands)June 30, 2022December 31, 2021
Investments in qualified affordable housing partnerships, net$319,484 $289,741 
Accrued expenses and other liabilities — Unfunded commitments$178,714 $146,152 
Schedule of Additional Information Related to Investments in Qualified Affordable Housing Partnerships, Net
The following table presents additional information related to the Company’s investments in qualified affordable housing partnerships, net, for the three and six months ended June 30, 2022 and 2021:
($ in thousands)Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Tax credits and other tax benefits recognized$12,754 $11,319 $25,584 $22,722 
Amortization expense included in income tax expense
$10,042 $7,736 $20,067 $16,448 
Schedule of Investment in Tax Credit and Other Investments, Net and Related Unfunded Commitments
The following table presents the Company’s investments in tax credit and other investments, net, and related unfunded commitments as of June 30, 2022 and December 31, 2021:
($ in thousands)June 30, 2022December 31, 2021
Investments in tax credit and other investments, net$314,820 $338,522 
Accrued expenses and other liabilities — Unfunded commitments$144,272 $163,464