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Low Income Housing Tax Credit Partnerships (Tables)
6 Months Ended
Jun. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
As of June 30, 2017, the expected payments for unfunded affordable housing commitments were as follows:
(dollars in thousands)
Amount

2017
$
3,173

2018
8,526

2019
5,947

2020
27

2021
9

Thereafter
425

Total Unfunded Commitments
$
18,107


The following table presents tax credits and other tax benefits recognized and amortization expense related to affordable housing for the three and six months ended June 30, 2017 and 2016.
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(dollars in thousands)
2017

 
2016

 
2017

 
2016

Effective Yield Method
 
 
 
 
 
 
 
Tax credits and other tax benefits recognized
$
3,439

 
$
3,516

 
$
6,869

 
$
7,032

Amortization Expense in Provision for Income Taxes
2,137

 
2,174

 
4,298

 
4,348

 
 
 
 
 
 
 
 
Proportional Amortization Method
 
 
 
 
 
 
 
Tax credits and other tax benefits recognized
$
440

 
$
259

 
$
761

 
$
518

Amortization Expense in Provision for Income Taxes
358

 
200

 
611

 
400