INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)

3 Months Ended

Mar. 31, 2026

Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]

Schedule of investment in unconsolidated subsidiaries

The following table presents the components of the Company's investments in unconsolidated entities as of the dates presented:

(dollars in thousands)	March 31, 2026		December 31, 2025
Investments in low income housing tax credit partnerships	$	56,712	$	58,496
Investments in common securities of statutory trusts	1,547		1,547
Investments in affiliates	103		120
Other	1,186		1,186
Total	$	59,548	$	61,349

The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the periods presented:

	Three Months Ended March 31,
(dollars in thousands)	2026		2025
Proportional amortization method:
Amortization expense recognized in income tax expense	$	1,784	$	1,534
Tax credits recognized in income tax expense	2,086		1,794

Other Commitments

The following table presents the expected payments for unfunded commitments related to LIHTC and other partnership investments as of March 31, 2026. The table includes expected funding for the remainder of fiscal year 2026, the next five succeeding fiscal years, and all years thereafter:

(dollars in thousands)
Year Ending December 31,	LIHTC		Other		Total
2026 (remainder)	$	8,113	$	553	$	8,666
2027	2,667		—		2,667
2028	5,482		—		5,482
2029	4,921		—		4,921
2030	141		—		141
2031	46		—		46
Thereafter	349		—		349
Total unfunded commitments	$	21,719	$	553	$	22,272