Income Taxes (Tables)

6 Months Ended

Jun. 30, 2024

Income Tax Disclosure

Schedule of Reconciliation of Income Tax Expense Attributable to Income from Operations with Amounts Computed by Applying U.S. Federal Tax Rate to Pretax Income from Continuing Operations

	For the Three Months Ended June 30,								For the Six Months Ended June 30, 2024
	2024				2023				2024				2023
(in thousands)	Amount		%		Amount		%		Amount		%		Amount		%
Provision for income taxes at the statutory rate of 21%	$	21,694	21.0	%	$	20,167	21.0	%	$	55,292	21.0	%	$	45,953	21.0	%
Increase (reduction) in taxes resulting from:
Excess tax benefit on share-based compensation		(422)	(0.4)	%		(878)	(0.9)	%		(2,297)	(0.8)	%		(2,868)	(1.3)	%
Tax exempt interest income		(249)	(0.2)	%		(274)	(0.3)	%		(509)	(0.2)	%		(557)	(0.3)	%
Dividends received deduction		(234)	(0.2)	%		(209)	(0.2)	%		(468)	(0.2)	%		(433)	(0.2)	%
Tax credit		(768)	(0.8)	%		(780)	(0.8)	%		(1,536)	(0.6)	%		(1,559)	(0.7)	%
ESOP dividends paid deduction		(151)	(0.2)	%		(144)	(0.2)	%		(290)	(0.1)	%		(281)	(0.1)	%
Nondeductible expenses		946	0.9	%		745	0.8	%		1,659	0.6	%		1,346	0.6	%
Other items, net		495	0.5	%		(248)	(0.3)	%		1,551	0.6	%		758	0.4	%
Total tax expense	$	21,311	20.6	%	$	18,379	19.1	%	$	53,402	20.3	%	$	42,359	19.4	%