Tax Credit Investments (Tables)

3 Months Ended

Mar. 31, 2020

Income Tax Disclosure [Abstract]

Summary Of Affordable Housing Tax Credit Investments And Other Credit Investments

The following table presents the balances of the Corporation's TCIs and related unfunded commitments:

		March 31,		December 31,
		2020		2019
Included in other assets:		(in thousands)
Affordable housing tax credit investment, net		$	146,556	$	153,351
Other tax credit investments, net		63,658		64,354
	Total TCIs, net	$	210,214	$	217,705
Included in other liabilities
Unfunded affordable housing tax credit commitments		$	15,331	$	16,684
Other tax credit liabilities		54,823		55,105
	Total unfunded tax credit commitments and liabilities	$	70,154	$	71,789

The following table presents other information relating to the Corporation's TCIs:

		Three Months Ended
		March 31
		2020			2019
Components of income taxes:		(in thousands)
Affordable housing tax credits and other tax benefits		$	(7,194	)	$	(7,575	)
Other tax credit investment credits and tax benefits		(941		)	(1,136		)
Amortization of affordable housing investments, net of tax benefit		5,024			5,495
Deferred tax expense		208			238
	Total reduction in income tax expense	$	(2,903	)	$	(2,978	)
Amortization of TCIs:
Affordable housing tax credits investment		$	1,022		$	822
Other tax credit investment amortization		428			669
	Total amortization of TCIs	$	1,450		$	1,491