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Income Taxes (Tables)
 6 Months Ended
Jun. 30, 2021
Income Tax Disclosure [Abstract]  
Schedule of Pro forma provision of income taxes

Income Taxes
                 
   For the three months ended   For the six months ended 
(in thousands)  June 30, 2021   June 30, 2020   June 30, 2021   June 30, 2020 
Net income before provision for income taxes  $10,562   $10,491   $21,222   $17,756 
Pro forma tax rate   29.56%   29.56%   29.56%   29.56%
Pro forma provision for income taxes  $3,122   $3,101   $6,273   $5,249 
The provision for income tax for the three and six months ended June 30, 2021 and 2020 differs from the statutory federal rate of 21% due to the following items, which relate primarily to the Company’s conversion from an S Corporation to a C Corporation:

The provision for income tax for the three and six months ended June 30, 2021 and 2020 differs from the statutory federal rate of 21% due to the following items, which relate primarily to the Company’s conversion from an S Corporation to a C Corporation:
Income Taxes (Details 2)
                 
   For the three months ended   For the six months ended 
(in thousands)  June 30, 2021   June 30, 2020   June 30, 2021   June 30, 2020 
Statutory U.S. federal income tax  $2,218   $2,203   $4,457   $3,279 
Increase (decrease) resulting from:                    
Benefit of S Corporation status   (766)   (2,203)   (3,004)   (3,279)
State taxes   1,444    368    1,825    627 
C Corp conversion federal rate change   1,484    —    1,484    — 
Deferred tax asset adjustment   (4,638)   —    (4,638)   — 
Other   992    —    992    — 
Provision for income taxes  $734   $368   $1,116   $627