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Investment in Real Estate Limited Partnerships
12 Months Ended
Dec. 31, 2019
Investment in Real Estate Limited Partnerships [Abstract]  
Investment in real estate limited partnerships [Text Block]
Investment in Real Estate Limited Partnerships
The Company has purchased from time to time various interests in limited partnerships established to acquire, own and rent residential housing for elderly, low or moderate income individuals in northern Vermont and New Hampshire. The carrying values of investments carried at equity were $4.4 million and $4.0 million at December 31, 2019 and 2018, respectively. The capital contribution payable related to these investments was $493 thousand and $1.3 million at December 31, 2019 and 2018, respectively. The following table presents the net impact on the Provision for income taxes related to investments carried at equity:
 
For The Years Ended December 31,
 
2019
2018
 
(Dollars in thousands)
Provision for undistributed net losses of limited partnership investments
$
745

$
591

Federal income tax credits related to limited partnership investments
(803
)
(656
)
Net effect on Provision for income taxes
$
(58
)
$
(65
)