Income Taxes (Tables)

6 Months Ended

Jun. 30, 2018

Income Tax Disclosure [Abstract]

Schedule of the provision for income taxes

The provision for income taxes is comprised of the following:

	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
Current expense	$	22,327	$	18,300	$	6,556	$	31,260
Deferred expense	4,924		7,868		34,248		12,026
Total income tax provision	$	27,251	$	26,168	$	40,804	$	43,286

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:

	Six Months Ended June 30,
	2018		2017
Statutory federal income tax rate	21.0	%	35.0	%
Income tax effect of:
Investment income not subject to federal tax	(2.0	)%	(3.4	)%
Tax credits	(0.6	)%	(0.6	)%
State income taxes, net of federal benefit	2.7	%	2.5	%
Other, net	0.6	%	0.3	%
Effective income tax rate	21.7	%	33.8	%