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

3 Months Ended

Mar. 31, 2026

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	March 31, 2026		December 31, 2025
Investments in unconsolidated entities
Tax credit investments	Other assets	$	129,282	$	119,634
Other investments in unconsolidated entities	Other assets	46,314		46,361
Investments in unconsolidated entities		$	175,596	$	165,995
Unfunded investment obligations	Other liabilities	$	71,479	$	68,690

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

	Three Months Ended March 31,
(dollars in thousands)	2026		2025
Income tax credits and other tax benefits	$	4,925	$	4,589
Amortization of investments in tax-advantaged projects	4,432		4,108