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Income Taxes
 3 Months Ended
Mar. 31, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The components of the Company's consolidated provision for income taxes from operations are as follows:
Three Months Ended March 31,
20252024
(In thousands)
Current income tax expense:
Federal$9,124 $3,577 
State941 369 
Total current income tax expense$10,065 $3,946 
Deferred income tax expense:
Federal$(1,800)$1,513 
State(26)373 
Total deferred income tax expense$(1,826)$1,886 
Total income tax expense$8,239 $5,832 
A reconciliation of the statutory federal income tax rate to the Company's effective income tax rate is as follows:
Three Months Ended March 31,
20252024
(In thousands)
Tax at statutory rate21.0 %21.0 %
Nondeductible compensation0.8 %0.5 %
State income taxes, net of federal benefit2.1 %2.4 %
Effective income tax rate23.9 %23.9 %
The Company's federal income tax returns for the years subsequent to December 31, 2020, remain subject to examination. The Company's income tax returns in major state income tax jurisdictions remain subject to examination for various periods subsequent to December 31, 2019. The Company currently believes that all other significant filing positions are highly certain and that all of our other significant income tax positions and deductions would be sustained under audit or the final resolution would not have a material effect on our consolidated financial statements. Therefore, the Company has not established any reserves for uncertain tax positions.