Low Income Housing Tax Credits and Other Tax Credit Investments (Tables)

6 Months Ended

Jun. 30, 2026

Equity Method Investments and Joint Ventures [Abstract]

Schedule of of the Company's Investments in Low Income Housing Projects Accounted for Using the Proportional Amortization Method

The following table presents the Company’s investments in LIHTC projects accounted for using the proportional amortization method for the periods indicated:


	As of June 30, 2026		As of December 31, 2025
	(In thousands)
Current recorded investment included in other assets	$	234,872	$	223,698
Commitments to fund qualified affordable housing projects included in recorded investment noted above	65,894		54,263

The following table presents additional information related to the Company’s investments in LIHTC projects for the periods indicated:


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2026		2025		2026		2025
	(In thousands)
Tax credits and benefits recognized	$	8,299	$	7,490	$	16,513	$	15,192
Amortization expense included in income tax expense	6,200		5,738		12,935		11,742