XML 171 R155.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes - Income Tax Expense Components and Effective Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Current                      
Federal                 $ 95,116 $ (8,471) $ 9,424
State                 16,206 23,154 13,251
Foreign                 3,420 5,148 4,435
Total                 114,742 19,831 27,110
Deferred                      
Federal                 (70,261) 40,038 54,858
State                 (4,579) (9,564) 3,722
Foreign                 (1) (64) 406
Total                 (74,841) 30,410 58,986
Total                      
Federal                 24,855 31,567 64,282
State                 11,627 13,590 16,973
Foreign                 3,419 5,084 4,841
Income tax expense (benefit) $ 25,031 $ (4,429) $ 6,213 $ 13,086 $ 21,375 $ (11,735) $ 19,314 $ 21,287 $ 39,901 $ 50,241 $ 86,096
Reconciliation of effective income tax rate from the federal income tax rate                      
Federal income tax rate                 21.00% 21.00% 21.00%
Increase (decrease) resulting from:                      
CARES Act federal NOL carryback                 (5.93%) 0.00% 0.00%
Tax credit investments                 (4.03%) (1.94%) (0.34%)
Executive compensation limitation                 3.54% 0.67% 0.36%
State income tax, net of federal tax                 3.40% 3.01% 3.34%
Tax-exempt income                 (3.04%) (1.74%) (1.64%)
FDIC Insurance                 1.80% 0.96% 0.25%
Tax basis adjustment                 (1.35%) (3.30%) 0.00%
State tax settlements, net of federal tax                 (0.67%) (1.40%) 0.00%
TCF/Chemical Merger deferred tax reprice                 0.00% (1.59%) 0.00%
Other, net                 0.06% (1.60%) (1.54%)
Effective income tax rate                 14.78% 14.07% 21.43%