Income Taxes (Tables)

3 Months Ended

Mar. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision (benefit) for income taxes consists of the following:

	Three months ended
	March 31, 2019		March 31, 2018
	(in thousands)
Current	$	1,702	$	560
Deferred	1,887		420
	$	3,589	$	980

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation of the Federal statutory income tax rate to the effective income tax rate is as follows:

	Three months ended
	March 31, 2019		March 31, 2018
Federal statutory rate	21.0	%	21.0	%
State income taxes, net of Federal benefit	6.1		6.8
Excess tax benefits	(2.7	)	(8.9	)
Other	0.4		(0.2	)
Effective tax rate	24.8	%	18.7	%