XML 59 R104.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Income Taxes - Schedule of Income (Loss) Before Income Tax Expense (Benefit) (Detail) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Amount                      
Federal income tax at statutory rate                 $ 21,445 $ 19,121 $ 43,357
State income tax, net of federal benefit                 5,249 4,067 3,835
Tax-exempt interest, net of disallowance                 (385) (360) (381)
Bank-owned life insurance                 (1,677) (1,547) (2,675)
Tax credits                 (1,266) (444) 0
Equity-based compensation                 132 (547) (10,741)
Non-deductible executive compensation                 440 230 654
Unrecorded basis difference in foreign subsidiaries                 (144) 343 4,527
Enactment of federal tax reform                   (21) 5,505
Other                 (1,001) (1,483) 961
Effective income tax rate $ 7,451 $ 8,020 $ 2,491 $ 4,831 $ 5,109 $ 28 $ 6,820 $ 7,402 $ 22,793 $ 19,359 $ 45,042
% of pretax income                      
Federal income tax at statutory rate                 21.00% 21.00% 35.00%
State income tax, net of federal benefit                 5.14% 4.47% 3.10%
Tax-exempt interest, net of disallowance                 (0.38%) (0.40%) (0.31%)
Bank-owned life insurance                 (1.64%) (1.70%) (2.16%)
Tax credits                 (1.24%) (0.49%) 0.00%
Equity-based compensation                 0.13% (0.60%) (8.67%)
Non-deductible executive compensation                 0.43% 0.25% 0.53%
Unrecorded basis difference in foreign subsidiaries                 (0.14%) 0.38% 3.65%
Enactment of federal tax reform                   (0.0002) 0.0444
Other                 (0.98%) (1.63%) 0.78%
Effective income tax rate                 22.32% 21.26% 36.36%