XML 40 R31.htm IDEA: XBRL DOCUMENT v3.23.1
Income Taxes (Tables)
3 Months Ended
Mar. 31, 2023
Income Tax Disclosure [Abstract]  
Schedule of Reconciliation of Income Taxes Computed at the United States Federal Statutory Tax Rates to the Provision for Income Taxes
The following table presents a reconciliation of income taxes for the three months ended March 31, 2023 and 2022:
 Three Months Ended March 31,
 2023 2022 
Federal taxes calculated at statutory rate$9,676 21.0 %$9,355 21.0 %
Increase (decrease) resulting from:
State taxes, net of federal benefit251 0.6 %951 2.1 %
Expense (benefit) from equity based compensation115 0.3 %(291)(0.7)%
Municipal interest income, net of interest disallowance(456)(1.0)%(444)(1.0)%
Bank-owned life insurance(127)(0.3)%(74)(0.2)%
Section 162(m) limitation127 0.2 %122 0.3 %
Other111 0.2 %(306)(0.6)%
Income tax expense, as reported$9,697 21.0 %$9,313 20.9 %