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QUALIFIED AFFORDABLE HOUSING INVESTMENTS (Tables)
3 Months Ended
Mar. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Affordable Housing Investments
The following table summarizes the Corporation’s affordable housing investments as of March 31, 2024 and December 31, 2023:
March 31, 2024December 31, 2023
Investment TypeInvestmentUnfunded Commitment InvestmentUnfunded Commitment
LIHTC$112,728 $88,433 $114,514 $96,408 

The following table summarizes the amortization expense and tax credits recognized for the Corporation’s affordable housing investments for the three months ended March 31, 2024 and 2023, respectively:
Three Months Ended March 31,
20242023
Amortization expense$1,696 $244 
Tax credits recognized1,644 284