Income Taxes (Tables)

3 Months Ended

Mar. 31, 2014

Income Taxes

Schedule of analysis of the difference between the statutory and effective tax rates from operations

	Three months ended March 31,
	2014		2013
U.S. federal statutory tax rate	35.0	%	35.0	%
Tax exempt interest income	(1.7	)	(2.1	)
Tax credits	(1.6	)	(0.7	)
Cash surrender value of life insurance	(2.0	)	(2.4	)
State income taxes	1.0		1.0
Other, net	0.1		—
Effective tax rate	30.8	%	30.8	%