INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2018

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

Federal and state income tax expense and the statutory tax rate and the actual effective tax rate consist of the following:

	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2018			2017			2018			2017
Current income taxes:
Federal taxes	$	5,749		$	6,602		$	23,449		$	13,290
State taxes	1,045			1,086			2,749			1,585
Total current income taxes	6,794			7,688			26,198			14,875
Deferred income taxes:
Federal taxes	13,256			22,460			15,158			24,150
State taxes	421			(531		)	383			(2,924		)
Total deferred income taxes	13,677			21,929			15,541			21,226
Total income taxes	$	20,471		$	29,617		$	41,739		$	36,101
Statutory tax rate	21.0		%	35.0		%	21.0		%	35.0		%
Effective tax rate	19.4		%	28.5		%	19.5		%	27.0		%