v3.26.3
Qualified Affordable Housing Project Investments (Tables)
9 Months Ended
Sep. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Investments in Qualified Affordable Housing Projects along with the Related Expenses and Tax Credits Recognized

The following tables present the Company's investments in qualified affordable housing projects as of September 30, 2026 and December 31, 2025 along with the related expenses and tax credits recognized for the three and nine months ended September 30, 2026 and September 30, 2025.

 

 

 

(In Thousands)

 

 

 

September 30, 2026

 

 

December 31, 2025

 

Low-income-housing tax credit investments

 

$

4,000

 

 

$

4,000

 

Unfunded commitments

 

 

(335

)

 

 

(418

)

Net funded low-income-housing tax credit investments

 

$

3,665

 

 

$

3,582

 

 

 

 

(In Thousands)

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30, 2026

 

 

September 30, 2025

 

 

September 30, 2026

 

 

September 30, 2025

 

Amortization expense

 

$

113

 

 

$

111

 

 

$

337

 

 

$

335

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax credits recognized

 

$

112

 

 

$

111

 

 

$

336

 

 

$

334