XML 62 R43.htm IDEA: XBRL DOCUMENT v3.25.4
INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)
12 Months Ended
Dec. 31, 2025
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Schedule of Investments in and Advances to Affiliates, Schedule of Investments
The following table presents the components of the Company's investments in unconsolidated entities as of December 31, 2025 and 2024:

December 31,
(Dollars in thousands)20252024
Investments in low income housing tax credit partnerships$58,496 $48,730 
Investments in common securities of statutory trusts1,547 1,547 
Investments in affiliates120 90 
Other1,186 2,050 
Total$61,349 $52,417 
The following table presents amortization expense and tax credits recognized associated with our investments in LIHTC partnerships for the periods presented:

Year Ended December 31,
(Dollars in thousands)202520242023
Proportional amortization method:
Amortization expense recognized in income tax expense$6,701 $4,794 $3,101 
Federal and state tax credits recognized in income tax expense$7,826 $5,632 $3,400 
Future Commitments
The following table presents the expected payments for unfunded commitments related to LIHTC and other partnership investments as of December 31, 2025. The table includes expected funding for the next five succeeding fiscal years, and all years thereafter.

(Dollars in thousands)LIHTCOther
Year Ending December 31:PartnershipsPartnershipsTotal
2026$12,315 $553 $12,868 
20272,668 — 2,668 
20285,483 — 5,483 
20294,921 — 4,921 
2030141 — 141 
Thereafter394 — 394 
Total unfunded commitments$25,922 $553 $26,475