Affordable Housing Tax Credit Limited Partnership (Tables)

3 Months Ended

Mar. 31, 2020

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 three months ended March 31, 2020 and 2019 (in thousands):

	2020		2019
Tax credits and other tax benefits recognized	$	159	84
Tax credit amortization expense included in provision for income taxes	126		45

The following table presents the balances of LCNB's affordable housing tax credit investments and related unfunded commitments at March 31, 2020 and December 31, 2019 (in thousands):

	March 31, 2020		December 31, 2019
Affordable housing tax credit investment	$	7,000	7,000
Less amortization	936		810
Net affordable housing tax credit investment	$	6,064	6,190
Unfunded commitment	$	4,344	4,596