XML 122 R110.htm IDEA: XBRL DOCUMENT v3.25.0.1
Income Taxes - Reconciliation of Income Tax Expense (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Amount      
Income taxes computed at statutory rate $ 22,244 $ 22,563 $ 27,811
Tax exempt revenue, net of nondeductible interest (1,072) (1,510) (1,339)
Low-income housing tax credits, net of amortization (758) (832) (468)
Other tax credits, net of add-backs (1,218) (1,218) (1,218)
Bank-owned life insurance income (182) (145) (170)
State income taxes, net of federal benefit 1,498 (201) 662
Stock-based compensation 632 17 (1,272)
Nondeductible expense 814 996 106
Other 165 57 (227)
Income tax expense $ 22,123 $ 19,727 $ 23,885
Percent      
Income taxes computed at statutory rate 21.00% 21.00% 21.00%
Tax exempt revenue, net of nondeductible interest (1.01%) (1.41%) (1.01%)
Low-income housing tax credits, net of amortization (0.72%) (0.77%) (0.35%)
Other tax credits, net of add-backs (1.15%) (1.13%) (0.92%)
Bank-owned life insurance income (0.17%) (0.13%) (0.13%)
State income taxes, net of federal benefit 1.41% (0.19%) 0.50%
Stock-based compensation 0.60% 0.02% (0.96%)
Nondeductible expense 0.77% 0.93% 0.08%
Other 0.16% 0.04% (0.17%)
Total income tax expense 20.89% 18.36% 18.04%