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Low Income Housing Tax Credit Partnerships (Tables)
6 Months Ended
Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
As of June 30, 2016, the expected payments for unfunded affordable housing commitments were as follows:
(dollars in thousands)
Amount

2016
$
10,115

2017
9,234

2018
33

2019
75

2020
3

Thereafter
225

Total Unfunded Commitments
$
19,685


The following table presents tax credits and other tax benefits recognized and amortization expense related to affordable housing for the three and six months ended June 30, 2016 and 2015.
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(dollars in thousands)
2016

 
2015

 
2016

 
2015

Effective Yield Method
 
 
 
 
 
 
 
Tax credits and other tax benefits recognized
$
3,516

 
$
3,353

 
$
7,032

 
$
6,742

Amortization Expense in Provision for Income Taxes
2,174

 
1,998

 
4,348

 
3,891

 
 
 
 
 
 
 
 
Proportional Amortization Method
 
 
 
 
 
 
 
Tax credits and other tax benefits recognized
$
259

 
$

 
$
518

 
$

Amortization Expense in Provision for Income Taxes
200

 

 
400