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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2023
Income Tax Disclosure [Abstract]  
Summary of Company's Tax Provision and Applicable Tax Rates
The following table sets forth information regarding the Company’s tax provision and applicable tax rates for the periods indicated:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2023202220232022
(Dollars in thousands)
Combined federal and state income tax provision (benefit)$17,613 $16,273 $(44,631)$30,915 
Effective income tax rate26.6 %24.1 %23.5 %23.1 %