XML 124 R106.htm IDEA: XBRL DOCUMENT v3.25.0.1
INCOME TAXES - Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Rate      
Federal tax statutory rate 21.00% 21.00%  
State tax - net of federal tax benefit 3.63% 4.12%  
Tax-exempt investments 0.65% 3.86%  
Low income housing tax benefits 0.91% 3.20%  
Stock-based compensation expense (0.55%) (1.28%)  
Goodwill 0.00% (14.13%)  
Other (1.18%) (0.75%)  
Total 24.46% 16.02%  
Amount      
Income (loss) before income taxes $ (120,512) $ (32,757)  
Federal tax statutory rate (25,308) (6,879)  
State tax - net of federal tax benefit (4,380) (1,351)  
Tax-exempt investments (788) (1,266)  
Low income housing tax benefits (1,093) (1,047)  
Stock-based compensation expense 672 421  
Goodwill 0 4,627  
Other 1,419 246  
Total (29,478) (5,249)  
Deferred tax assets valuation allowance 53,310 0 $ 0
Income tax expense (benefit) $ 23,832 $ (5,249)