Affordable Housing Projects Tax Credit Partnerships (Tables)

12 Months Ended

Dec. 31, 2020

Equity Method Investments And Joint Ventures [Abstract]

Expected Payments for Unfunded Affordable Housing Commitments

As of December 31, 2020, the expected payments for unfunded affordable housing commitments were as follows:

(dollars in thousands)	Amount
2021	$	21,698
2022		6,571
2023		15,588
2024		171
2025		54
Thereafter		8,877
Total Unfunded Commitments	$	52,959

Schedule of Tax Credits and Other Tax Benefits Recognized and Amortization Expense Related to Affordable Housing

The following table presents tax credits and other tax benefits recognized and amortization expense related to affordable housing for the years ended December 31, 2020, December 31, 2019, and December 31, 2018.

(dollars in thousands)	2020		2019		2018
Effective Yield Method
Tax credits and other tax benefits recognized	$	11,752	$	11,719	$	13,572
Amortization Expense in Provision for Income Taxes		8,586		7,566		8,311
Proportional Amortization Method
Tax credits and other tax benefits recognized	$	6,633	$	3,014	$	1,641
Amortization Expense in Provision for Income Taxes		5,729		2,578		1,332