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QUALIFIED AFFORDABLE HOUSING INVESTMENTS (Tables)
 9 Months Ended
Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Affordable Housing Investments
The following table summarizes the Corporation’s affordable housing investments as of September 30, 2024 and December 31, 2023:
September 30, 2024December 31, 2023
Investment TypeInvestmentUnfunded Commitment InvestmentUnfunded Commitment
LIHTC$149,830 $114,756 $114,514 $96,408 

The following table summarizes the amortization expense and tax credits recognized for the Corporation’s affordable housing investments for the three and nine months ended September 30, 2024 and 2023, respectively:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Amortization expense$1,695 $2,242 $5,018 $4,080 
Tax credits recognized1,644 1,855 4,933 3,472