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Low Income Housing Tax Credits and Other Tax Credit Investments (Tables)
9 Months Ended
Sep. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of of the Company's Investments in Low Income Housing Projects Accounted for Using the Proportional Amortization Method
The following table presents the Company’s investments in LIHTC projects accounted for using the proportional amortization method for the periods indicated:
As of September 30, 2025As of December 31, 2024
(In thousands)
Current recorded investment included in other assets$202,791 $220,845 
Commitments to fund qualified affordable housing projects included in recorded investment noted above48,568 89,801 
The following table presents additional information related to the Company’s investments in LIHTC projects for the periods indicated:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
(In thousands)
Tax credits and benefits recognized$7,687 $5,837 $22,879 $16,128 
Amortization expense included in income tax expense5,994 4,068 17,736 13,230