XML 55 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes
6 Months Ended
Jun. 30, 2013
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes

The effective tax rate was 27.2% and (18.9)% for the second quarter and 25.5% and 21.3% for the six months ended June 30, 2013 and 2012, respectively.   In periods where our effective tax rate is lower than the statutory tax rate of 35%, the difference is primarily due to tax-exempt interest from state and local bonds. The effective tax rate is lower in 2012 compared to 2013 primarily due to 2012 pretax income being lower than in 2013 with tax-exempt income remaining relatively flat.