XML 129 R110.htm IDEA: XBRL DOCUMENT v3.25.4
INCOME TAXES (Income Tax Expense (Benefit)) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Current expense:      
Federal $ 29,299 $ 5,744 $ 5,538
State 6,993 112 1,404
Total current 36,292 5,856 6,942
Deferred (benefit) expense:      
Federal (12,576) 6,800 9,300
State (2,915) 1,971 1,911
Total deferred (15,491) 8,771 11,211
Total 20,801 14,627 18,153
Amount      
U.S. Federal statutory tax rate 20,639 14,288 16,133
State and local income taxes, net of Federal income tax effect 3,221 1,646 2,619
Amortization of low-income housing tax credit partnerships, net of tax benefits 264 880 700
Other tax credits (663) (142) 0
Tax-exempt interest income (1,203) (868) (702)
Tax-exempt income from bank-owned life insurance (1,565) (1,370) (1,023)
Other nontaxable and nondeductible 92 443 293
Other adjustments 16 (250) 133
Total $ 20,801 $ 14,627 $ 18,153
Percent      
U.S. Federal corporate tax rate 21.00% 21.00% 21.00%
State and local income taxes, net of Federal income tax effect 3.28% 2.42% 3.41%
Amortization of low-income housing tax credit partnerships, net of tax benefits 0.27% 1.29% 0.91%
Other tax credits (0.67%) (0.21%) 0.00%
Tax-exempt interest income (1.22%) (1.28%) (0.91%)
Tax-exempt income from bank-owned life insurance (1.59%) (2.01%) (1.33%)
Other nontaxable and nondeductible 0.09% 0.65% 0.38%
Other adjustments 0.00% (0.36%) 0.17%
Total 21.16% 21.50% 23.63%