Annual report [Section 13 and 15(d), not S-K Item 405]

Note 16 - Income Taxes - Reconciliation From Federal Income Tax Statutory Rates to Income Before Income Taxes (Details)

v3.25.0.1
Note 16 - Income Taxes - Reconciliation From Federal Income Tax Statutory Rates to Income Before Income Taxes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income tax at statutory federal rate, amount $ 58,585 $ 51,363 $ 64,796
Income tax at statutory federal rate, pre-tax earnings 21.00% 21.00% 21.00%
State income tax, net of federal tax effect, amount $ 1,787 $ 3,339 $ 7,247
State income tax, net of federal tax effect, pre-tax earnings 0.64% 1.37% 2.35%
Tax-exempt income, net of expenses, amount $ (14) $ (92) $ (188)
Tax-exempt income, net of expenses, pre-tax earnings (0.01%) (0.04%) (0.06%)
Bank-owned life insurance contracts, amount $ (2,002) $ (1,591) $ (1,812)
Bank-owned life insurance contracts, pre-tax earnings (0.72%) (0.65%) (0.59%)
Excess tax benefit from stock compensation, amount $ (1,117) $ (1,242) $ (1,091)
Excess tax benefit from stock compensation, pre-tax earnings (0.40%) (0.51%) (0.35%)
Federal tax credits, net of related amortization, amount $ (6,297) $ (16,002) $ (11,131)
Federal tax credits, net of related amortization, pre-tax earnings (2.26%) (6.54%) (3.61%)
Other, amount $ 798 $ 1,960 $ (497)
Other, pre-tax earnings 0.36% 0.80% (0.16%)
Total income tax expense $ 51,740 $ 37,735 $ 57,324
Effective income tax and rate, pre-tax earnings 18.61% 15.43% 18.58%