Income Taxes (Tables)

3 Months Ended

Mar. 31, 2015

Income Tax Disclosure [Abstract]

Reconciliation of Effective Tax Rate and Statutory Federal Income Tax Rate

The effective tax rate and the statutory federal income tax rate are reconciled for the periods indicated as follows:

	Three months ended March 31,
	2015			2014
Federal statutory income tax rate		35.0	%		35.0	%
State income taxes, net of federal tax benefit		6.9			6.9
Tax-exempt interest on municipal obligations		(0.4	)		(0.4	)
Increase in cash value of insurance policies		(1.7	)		(1.1	)
Other		0.8			0.2
Effective Tax Rate		40.6	%		40.6	%