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Affordable Housing Tax Credit Limited Partnership (Tables)
 3 Months Ended
Mar. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Activity in Affordable Housing Program Obligation
The following table presents the balances of LCNB's affordable housing tax credit investment and related unfunded commitment at March 31, 2016 and December 31, 2015 (in thousands):
 
March 31,
2016
 
December 31,
2015
Affordable housing tax credit investment
$
1,000

 
1,000

Less amortization
32

 
12

Net affordable housing tax credit investment
$
968

 
988

 
 
 
 
Unfunded commitment
$
865

 
907


LCNB expects to fund the unfunded commitment over ten years.

The following table presents other information relating to LCNB's affordable housing tax credit investment for the periods indicated (in thousands):
 
Three Months ended March 31,
 
2016
 
2015
Tax credits and other tax benefits recognized
$
28

 
—

Tax credit amortization expense included in provision for income taxes
20

 
—