XML 117 R104.htm IDEA: XBRL DOCUMENT v3.24.0.1
INCOME TAXES - Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Rate      
Federal tax statutory rate 21.00% 21.00% 21.00%
State tax - net of federal tax benefit 4.12% 2.92% 2.11%
Tax-exempt investments 3.86% (2.72%) (1.68%)
Low income housing tax benefits 3.20% 0.16% (0.36%)
Stock-based compensation expense (1.28%) 0.14% (0.88%)
Goodwill (14.13%) 0.17% 0.00%
Other (0.75%) (0.27%) 1.13%
Total 16.02% 21.40% 21.32%
Amount      
Income (loss) before income taxes $ (32,757) $ 84,660 $ 146,689
Federal tax statutory rate (6,879) 17,779 30,805
State tax - net of federal tax benefit (1,351) 2,473 3,090
Tax-exempt investments (1,266) (2,300) (2,461)
Low income housing tax benefits (1,047) 133 (532)
Stock-based compensation expense 421 121 (1,287)
Goodwill 4,627 145 0
Other 246 (231) 1,652
Total $ (5,249) $ 18,120 $ 31,267