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Low Income Housing Tax Credit Partnerships (Tables)
9 Months Ended
Sep. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
As of September 30, 2017, the expected payments for unfunded affordable housing commitments were as follows:
(dollars in thousands)
Amount

2017
$
8,760

2018
14,164

2019
2,382

2020
51

2021
37

Thereafter
1,065

Total Unfunded Commitments
$
26,459


The following table presents tax credits and other tax benefits recognized and amortization expense related to affordable housing for the three and nine months ended September 30, 2017 and 2016.
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(dollars in thousands)
2017

 
2016

 
2017

 
2016

Effective Yield Method
 
 
 
 
 
 
 
Tax credits and other tax benefits recognized
$
3,414

 
$
3,352

 
$
10,282

 
$
10,384

Amortization Expense in Provision for Income Taxes
2,105

 
1,319

 
6,403

 
5,667

 
 
 
 
 
 
 
 
Proportional Amortization Method
 
 
 
 
 
 
 
Tax credits and other tax benefits recognized
$
440

 
$
259

 
$
1,201

 
$
777

Amortization Expense in Provision for Income Taxes
358

 
200

 
969

 
600