XML 82 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Federal and State Income Taxes
 3 Months Ended
Mar. 31, 2013
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]  
Federal and State Income Taxes
(13) Federal and State Income Taxes

The reconciliations of income (loss) attributable to continuing operations at the U.S. federal statutory tax rate to income tax expense are as follows (in thousands):
 
 
Three Months Ended
 
 
March 31,
 
 
2013
 
2012
Amount:
 
 
 
 
Federal statutory tax
 
$
47,654

 
$
45,050

Tax exempt revenue
 
(1,742
)
 
(1,264
)
Effect of state income taxes, net of federal benefit
 
3,378

 
2,998

Utilization of tax credits
 
(1,722
)
 
(1,097
)
Bank-owned life insurance
 
(885
)
 
(979
)
Other, net
 
413

 
812

Total
 
$
47,096

 
$
45,520


 
 
Three Months Ended
 
 
March 31,
 
 
2013
 
2012
Percent of pretax income:
 
 
 
 
Federal statutory tax
 
35
 %
 
35
 %
Tax exempt revenue
 
(1
)
 
(1
)
Effect of state income taxes, net of federal benefit
 
3

 
2

Utilization of tax credits
 
(1
)
 
(1
)
Bank-owned life insurance
 
(1
)
 
(1
)
Other, net
 
—

 
1

Total
 
35
 %
 
35
 %