Tax Credit Investments (Tables)

3 Months Ended

Mar. 31, 2019

Income Tax Disclosure [Abstract]

Summary Of Affordable Housing Tax Credit Investments And Other Credit Investments

The following table presents the balances of the Corporation's TCIs and related unfunded commitments:

		March 31,		December 31,
		2019		2018
Included in other assets:		(in thousands)
Affordable housing tax credit investment, net		$	169,096	$	170,401
Other tax credit investments, net		73,859		72,584
	Total community development investments, net	$	242,955	$	242,985
Included in other liabilities:
Unfunded affordable housing tax credit commitments		$	21,635	$	23,196
Other tax credit investment liabilities		61,506		59,823
	Total unfunded tax credit investment commitments and liabilities	$	83,141	$	83,019

The following table presents other information relating to the Corporation's TCIs:

		Three Months Ended
		March 31
		2019			2018
Components of income taxes:		(in thousands)
Affordable housing tax credits and other tax benefits		$	(7,575	)	$	(7,544	)
Other tax credit investment credits and tax benefits		(1,136		)	(1,596		)
Amortization of affordable housing investments, net of tax benefit		5,495			5,598
Deferred tax expense		238			335
	Total reduction in income tax expense	$	(2,978	)	$	(3,207	)
Amortization of tax credit investments:
Affordable housing tax credits investment		$	822		$	839
Other tax credit investment amortization		669			798
	Total amortization of tax credit investments	$	1,491		$	1,637