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INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)
 12 Months Ended
Dec. 31, 2024
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Schedule of Investments in and Advances to Affiliates, Schedule of Investments
Investments in unconsolidated entities consisted of the following components as of December 31, 2024 and 2023:

December 31,
(Dollars in thousands)20242023
Investments in low income housing tax credit partnerships$48,730 $37,838 
Investments in common securities of statutory trusts1,547 1,547 
Investments in affiliates90 111 
Other2,050 2,050 
Total$52,417 $41,546 
The following table presents amortization expense and tax credits recognized associated with our investments in LIHTC partnerships for the periods presented:

Year Ended December 31,
(Dollars in thousands)202420232022
Proportional amortization method:
Amortization expense recognized in income tax expense$4,794 $3,101 $2,566 
Federal and state tax credits recognized in income tax expense5,632 3,400 2,938 
Future Commitments
The expected payments for the unfunded commitments related to the Company's investments in unconsolidated entities as of December 31, 2024 are as follows:

(Dollars in thousands)LIHTCOther
Year Ending December 31:PartnershipsPartnershipsTotal
2025$11,027 $803 $11,830 
20267,564 — 7,564 
202736 — 36 
202830 — 30 
202936 — 36 
Thereafter387 — 387 
Total commitments$19,080 $803 $19,883