AFFORDABLE HOUSING TAX CREDIT LIMITED PARTNERSHIP (Tables)

12 Months Ended

Dec. 31, 2016

Equity Method Investments and Joint Ventures [Abstract]

Activity in Affordable Housing Program Obligation

The following table presents the balances of LCNB's affordable housing tax credit investment and related unfunded commitment at December 31 (in thousands):

	2016		2015
Affordable housing tax credit investment	$	2,000	1,000
Less amortization	93		12
Net affordable housing tax credit investment	$	1,907	988
Unfunded commitment	$	1,617	907

LCNB expects to fund the unfunded commitment over ten years.

The following table presents other information relating to LCNB's affordable housing tax credit investment for the years indicated (in thousands):

	Year ended December 31,
	2016		2015	2014
Tax credits and other tax benefits recognized	$	103	14	—
Tax credit amortization expense included in provision for income taxes	81		12	—