QUALIFIED AFFORDABLE HOUSING INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2025

Equity Method Investments and Joint Ventures [Abstract]

Summary of Affordable Housing Investments

The following table summarizes the Corporation’s affordable housing investments as of March 31, 2025 and December 31, 2024:

	March 31, 2025				December 31, 2024
Investment Type	Investment		Unfunded Commitment		Investment		Unfunded Commitment
LIHTC	$	163,663	$	120,013	$	167,685	$	132,226

The following table summarizes the amortization expense and tax credits recognized for the Corporation’s affordable housing investments for the three months ended March 31, 2025 and 2024:

	Three Months Ended March 31,
	2025		2024
Amortization expense	$	4,021	$	1,696
Tax credits recognized	4,922		1,644