XML 92 R78.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Details 2) - USD ($)
12 Months Ended
Dec. 22, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Reasons for the difference between income tax expense and statutory federal income tax        
Statutory federal income tax   $ 22,056,000 $ 35,476,000 $ 31,194,000
Tax-exempt interest income   (650,000) (1,197,000) (1,235,000)
State taxes, net of federal income tax benefit   3,315,000 2,627,000 2,165,000
Deferred tax liability remeasurement   (875,000) (2,614,000) 0
Other   (1,233,000) (983,000) (784,000)
Total provision   $ 22,613,000 $ 33,309,000 $ 31,340,000
Reasons for the difference between income tax expense rate and statutory federal income tax rate        
Statutory federal income tax (as a percent) 21.00% 21.00% 35.00% 35.00%
Tax-exempt interest income (as a percent)   (0.60%) (1.20%) (1.40%)
State taxes, net of federal income tax benefit (as a percent)   3.20% 2.60% 2.40%
Deferred tax liability remeasurement (as a percent)   (0.80%) (2.60%) 0.00%
Other (as a percent)   (1.30%) (0.90%) (0.80%)
Total income tax expense (benefit) (as a percent)   21.50% 32.90% 35.20%
Deferred tax assets:        
Reserve for loan and lease losses   $ 25,386,000 $ 23,791,000  
Accruals for employee benefits   2,974,000 2,369,000  
Net unrealized losses on securities available-for-sale   3,386,000 1,285,000  
Other   127,000 622,000  
Total deferred tax assets   31,873,000 28,067,000  
Deferred tax liabilities:        
Differing depreciable bases in premises and leased equipment   21,184,000 22,641,000  
Differing bases in assets related to acquisitions   4,021,000 3,954,000  
Tax advantaged partnerships   4,354,000 1,921,000  
Mortgage servicing   586,000 745,000  
Capitalized loan costs   1,110,000 867,000  
Prepaid expenses   273,000 387,000  
Other   364,000 222,000  
Total deferred tax liabilities   31,892,000 30,737,000  
Net deferred tax liability   (19,000) (2,670,000)  
Reconciliation of the beginning and ending amounts of unrecognized tax benefits        
Balance, at beginning of the period   1,112,000 762,000 $ 380,000
Additions based on tax positions related to the current year   0 350,000 382,000
Additions for tax positions of prior years   0 0 0
Reductions for tax positions of prior years   0 0 0
Reductions due to lapse in statute of limitations   0 0 0
Settlements   (1,112,000) 0 0
Balance at end of the period   0 1,112,000 762,000
Valuation allowance for deferred tax assets   0 0  
Unrecognized tax benefits that would affect the effective tax rate if recognized   0 720,000 500,000
Interest and penalties net of tax recognized   (90,000) 50,000 40,000
Accrued interest and penalties   0 90,000 40,000
Investment securities available-for-sale        
Reasons for the difference between income tax expense and statutory federal income tax        
Total provision   $ (83,000) $ 1,629,000 $ 674,000