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Other Assets
 12 Months Ended
Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets Other Assets
    A summary of other assets as of December 31, 2024 and 2023, is as follows:
(In Thousands)20242023
Other assets:  
Investment in Low Income Housing Partnerships$24,266 $27,992 
Due from Federal Home Loan Bank of Des Moines14,600 — 
Interest rate swaps not designated as hedging instruments, at fair value13,011 10,470 
Accrued interest receivable11,502 11,958 
Bank owned life insurance, net3,926 3,837 
Prepaid expenses2,644 2,627 
Commercial servicing rights, at fair value2,194 2,200 
Deferred taxes, net2,177 5,764 
Taxes receivable1,984 1,726 
Equity method investments1,159 1,260 
Software744 740 
Interest rate lock commitments465 342 
Other assets7,147 2,873 
Total$85,819 $71,789 
Low Income Housing Partnerships: The following table shows the Company's commitments to invest in various LIHTC 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 $3.7 million, $3.6 million, and $3.4 million in 2024, 2023, and 2022, respectively.  The Company expects to fund its remaining $12.3 million in commitments on these investments through 2038.
(In Thousands)Date of original commitmentYears over which tax benefits are earnedOriginal commitment amountLess: life to date contributionsRemaining commitment amount
USA 57December 2006153,000 (3,000)— 
WNCDecember 2012162,500 (2,500)— 
R4 - CoronadoMarch 20131710,729 (10,654)75 
R4 - MVVMay 2014178,528 (8,388)140 
R4 - PJ33June 2016176,835 (6,677)158 
R4 - Coronado IIJuly 2019177,302 (7,047)255 
R4 - Duke ApartmentsNovember 2019173,985 (3,843)142 
R4 - Aspen HouseJuly 2023178,534 (2,203)6,331 
R4 - Old Mat IIJuly 2023175,739 (540)5,199 
Total$57,152 ($44,852)$12,300