Income Taxes	3 Months Ended
Mar. 31, 2019
Income Taxes
Income Taxes	22. Income Taxes The applicable income tax expense was $221 million and $181 million for the three months ended March 31, 2019 and 2018, respectively. The effective tax rates for the three months ended March 31, 2019 and 2018 were 22.2% and 20.5%, respectively. The increase in the effective tax rate for the three months ended March 31, 2019 compared to the same period in the prior year was primarily related to an increase in state income tax expense and a decrease in expected low-income housing tax credits and other tax benefits, partially offset by a decrease of proportional amortization of qualifying LIHTC investments. While it is reasonably possible that the amount of the unrecognized tax benefits with respect to certain of the Bancorp’s uncertain tax positions could increase or decrease during the next 12 months, the Bancorp believes it is unlikely that its unrecognized tax benefits will change by a material amount during the next 12 months.

Income Taxes

3 Months Ended

Mar. 31, 2019

22. Income Taxes

The applicable income tax expense was $221 million and $181 million for the three months ended March 31, 2019 and 2018, respectively. The effective tax rates for the three months ended March 31, 2019 and 2018 were 22.2% and 20.5%, respectively. The increase in the effective tax rate for the three months ended March 31, 2019 compared to the same period in the prior year was primarily related to an increase in state income tax expense and a decrease in expected low-income housing tax credits and other tax benefits, partially offset by a decrease of proportional amortization of qualifying LIHTC investments.

While it is reasonably possible that the amount of the unrecognized tax benefits with respect to certain of the Bancorp’s uncertain tax positions could increase or decrease during the next 12 months, the Bancorp believes it is unlikely that its unrecognized tax benefits will change by a material amount during the next 12 months.