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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2024
Income Taxes [Abstract]  
Effective Tax Rates Differ From Federal Statutory Rate

For the three months ended
March 31,

2024

2023

(unaudited)

Statutory tax rate

21.0%

21.0%

Increase (decrease) resulting from:

Restricted stock

(0.5%)

(0.3%)

Tax exempt earnings on bank owned life insurance

(1.1%)

(0.6%)

Dividends on equity securities

(0.3%)

(0.2%)

Low income housing credits

(0.7%)

(0.5%)

Other, net

0.1%

0.1%

Effective tax rate

18.5%

19.5%