Affordable Housing Projects Tax Credit Partnerships (Tables)

12 Months Ended

Dec. 31, 2019

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

As of December 31, 2019, the expected payments for unfunded affordable housing commitments were as follows:

(dollars in thousands)	Amount
2020	$	14,286
2021	5,310
2022	79
2023	55
2024	55
Thereafter	1,485
Total Unfunded Commitments	$	21,270

The following table presents tax credits and other tax benefits recognized and amortization expense related to affordable housing for the years ended December 31, 2019, December 31, 2018, and December 31, 2017.

(dollars in thousands)	2019		2018		2017
Effective Yield Method
Tax credits and other tax benefits recognized	$	11,719	$	13,572	$	13,569
Amortization Expense in Provision for Income Taxes	7,566		8,311		8,373
Proportional Amortization Method
Tax credits and other tax benefits recognized	$	3,014	$	1,641	$	1,040
Amortization Expense in Provision for Income Taxes	2,578		1,332		800