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Other Assets (Tables)
 12 Months Ended
Dec. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Other Assets
(In Thousands)
2016
 
2015
Other assets:
 

 
 

Investment in Low Income Housing Partnerships

$24,174

 

$20,233

Deferred taxes, net
10,264

 
9,939

Bank owned life insurance
6,181

 
5,887

Investment in equity method investments
4,560

 
4,573

Accrued interest receivable
3,734

 
3,620

Prepaid expenses
1,596

 
1,230

Taxes receivable
1,755

 
878

Rate lock derivative
1,137

 
1,514

Other assets
2,727

 
3,900

Total

$56,128

 

$51,774
Other Commitments
The table following shows the Company's commitments to invest in various low income housing tax credit partnerships. The Company earns a return on its investments in the form of tax credits and deductions that flow through to it as a limited partner in these partnerships.  The Company recognized amortization expense of $2.9 million, $2.7 million, and $1.3 million in 2016, 2015, and 2014, respectively.  The Company expects to fund its remaining $7.4 million in commitments on these investments through 2030.
(In Thousands)
Date of original commitment
Years over which tax credits are earned
Original commitment amount
Less: life to date contributions
Remaining commitment amount
R4 - MVV
May 2014
17

$8,528


($8,248
)

$280

R4 - Coronado
March 2013
17
10,729

(10,089
)
640

R4 - PJ33
June 2016
17
6,809

(432
)
6,377

WNC
December 2012
16
2,500

(2,380
)
120

USA 57
December 2006
15
3,000

(3,000
)
—

Centerline XXXIII
September 2006
18
3,000

(3,000
)
—

Centerline XXII
January 2003
18
3,000

(3,000
)
—

Total



$37,566


($30,149
)

$7,417