Affordable Housing Tax Credit Limited Partnership (Tables)

9 Months Ended

Sep. 30, 2019

Equity Method Investments and Joint Ventures [Abstract]

Activity in Affordable Housing Program Obligation

The following table presents other information relating to LCNB's affordable housing tax credit investments for the nine months ended September 30, 2019 and 2018 (in thousands):

	2019		2018
Tax credits and other tax benefits recognized	$	262	168
Tax credit amortization expense included in provision for income taxes	124		169

The following table presents the balances of LCNB's affordable housing tax credit investments and related unfunded commitments at September 30, 2019 and December 31, 2018 (in thousands):

	September 30, 2019		December 31, 2018
Affordable housing tax credit investment	$	7,000	5,000
Less amortization	616		492
Net affordable housing tax credit investment	$	6,384	4,508
Unfunded commitment	$	4,993	3,372