Income Taxes

3 Months Ended

Mar. 31, 2025

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The Company’s income tax expense was $2.1 million and $2.0 million for the three months ended March 31, 2025 and 2024, respectively. The effective income tax rate was 27.6% and 28.0% for the three months ended March 31, 2025 and 2024, respectively.

The Company is subject to U.S. Federal income tax as well as various state taxing jurisdictions. The Company is no longer subject to examination by Federal taxing authorities for tax years prior to 2021 and for state taxing authorities for tax years prior to 2020.

There were no significant unrealized tax benefits recorded as of March 31, 2025 and December 31, 2024, and the Company does not expect any significant increase in unrealized tax benefits in the next twelve months.