Affordable Housing Tax Credit Limited Partnership (Tables)

6 Months Ended

Jun. 30, 2021

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, 2021 and December 31, 2020 (in thousands):

	June 30, 2021		December 31, 2020
Affordable housing tax credit investment	$	11,950	12,000
Less amortization	1,752		1,320
Net affordable housing tax credit investment	$	10,198	10,680
Unfunded commitment	$	6,964	8,237

The following table presents other information relating to LCNB's affordable housing tax credit investments for the three and six months ended June 30, 2021 and 2020 (in thousands):

	Three Months Ended June 30,			Six Months Ended June 30,
	2021		2020	2021	2020
Tax credits and other tax benefits recognized	$	260	379	520	538
Tax credit amortization expense included in provision for income taxes	215		137	432	263