XML 34 R25.htm IDEA: XBRL DOCUMENT v3.23.3
Low-Income Housing Tax Credits (Tables)
9 Months Ended
Sep. 30, 2023
Low-Income Housing Tax Credits [Abstract]  
Tax Credits and Other Tax Benefits Recognized Related to Investments
The table below summarizes the tax credits and other tax benefits recognized by the Company related to these investments during the periods indicated:

   
Three Months Ended
   
Nine Months Ended
     
   
September 30,
   
September 30,
 
Affected Line Item on
(dollars in thousands)
 
2023
   
2022
   
2023
   
2022
 
Consolidated Income Statement
Tax credits and other benefits
                                     
Amortization of operating losses
 
$
91
   
$
51
   
$
275
   
$
153
 
ATM and other losses
Tax benefit of operating losses*
   
19
     
11
     
58
     
32
 
Income tax expense
Tax credits
   
77
     
89
     
232
     
267
 
Income tax expense
Total tax benefits
 
$
96
   
$
100
   
$
290
   
$
299
   

*
Computed using a 21% tax rate.