Affordable Housing Tax Credit Limited Partnership (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2016 and December 31, 2015 (in thousands):

	June 30, 2016		December 31, 2015
Affordable housing tax credit investment	$	1,000	1,000
Less amortization	53		12
Net affordable housing tax credit investment	$	947	988
Unfunded commitment	$	865	907

LCNB expects to fund the unfunded commitment over 9.5 years.

The following table presents other information relating to LCNB's affordable housing tax credit investment for the periods indicated (in thousands):

	Six Months ended June 30,
	2016		2015
Tax credits and other tax benefits recognized	$	55	—
Tax credit amortization expense included in provision for income taxes	41		—