TAX CREDIT INVESTMENTS AND OTHER INVESTMENTS IN UNCONSOLIDATED ENTITIES (Tables)

9 Months Ended

Sep. 30, 2025

Investments, All Other Investments [Abstract]

Schedule of Investments

Busey’s investments in unconsolidated entities and related unfunded investment obligations are reflected in other assets and other liabilities on the Consolidated Balance Sheets (Unaudited), and are summarized in the table below for the periods indicated:

		As of
(dollars in thousands)	Location	September 30, 2025		December 31, 2024
Investments in unconsolidated entities
Funded investments	Other assets	$	90,776	$	70,796
Unfunded investments	Other assets	47,659		61,210
Investments in unconsolidated entities		$	138,435	$	132,006
Unfunded investment obligations	Other liabilities	$	47,659	$	61,210

Actual amounts of income tax credits and other benefits, along with the investment amortization, are presented in the table below:

	Three Months Ended September 30,				Nine Months Ended September 30,
(dollars in thousands)	2025		2024		2025		2024
Income tax credits and other tax benefits	$	4,446	$	4,040	$	13,354	$	11,941
Amortization of investments in tax-advantaged projects	3,968		3,575		11,905		10,593