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Affordable Housing Tax Credit Limited Partnership (Tables)
6 Months Ended
Jun. 30, 2020
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 investments and related unfunded commitments at June 30, 2020 and December 31, 2019 (in thousands):
 June 30,
2020
December 31,
2019
Affordable housing tax credit investment$10,000  7,000  
Less amortization1,073  810  
Net affordable housing tax credit investment$8,927  6,190  
Unfunded commitment$7,244  4,596  
The following table presents other information relating to LCNB's affordable housing tax credit investments for the six months ended June 30, 2020 and 2019 (in thousands):
 20202019
Tax credits and other tax benefits recognized$538  168  
Tax credit amortization expense included in provision for income taxes263  91