Income Taxes (Tables)

3 Months Ended

Mar. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of the provision for income taxes

The provision for income taxes is comprised of the following:

	Three Months Ended March 31,
	2017		2016
Current expense	$	12,959	$	10,640
Deferred expense	4,158		13,398
Total income tax provision	$	17,117	$	24,038

Schedule of reconciliation between the statutory federal income tax rate and the Company's effective federal income tax rate

The following table presents a reconciliation between the statutory federal income tax rate and the Company’s effective income tax rate:

	Three Months Ended March 31,
	2017		2016
Statutory federal income tax rate	35.0	%	35.0	%
Income tax effect of:
Investment income not subject to federal tax	(3.3	)%	(2.3	)%
Tax credits	(0.8	)%	(16.3	)%
State income taxes, net of federal benefit	1.8	%	2.3	%
Other, net	0.3	%	0.9	%
Effective income tax rate	33.0	%	19.6	%