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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2023
Income Tax Disclosure [Abstract]  
Summary of Provision for Income Taxes and Effective Tax Rate

The following is a summary of our provision for income taxes and effective tax rate:

 

 

For the Quarter Ended September 30,

 

 

For the Year to Date Ended September 30,

 

(Dollars in Thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Pretax income

 

$

48,088

 

 

$

31,292

 

 

$

169,744

 

 

$

109,841

 

Provision for income taxes

 

$

6,781

 

 

$

9,225

 

 

$

39,280

 

 

$

29,929

 

Effective rate

 

 

14.1

%

 

 

29.5

%

 

 

23.1

%

 

 

27.2

%