Income Taxes (Tables)

3 Months Ended

Jun. 30, 2012

Summary Of Differences In Taxes From Continuing Operations


		Three Months Ended						Six Months Ended
		June 30,						June 30,
(dollars in thousands)		2012			2011			2012			2011
Provision at statutory rate of 35%	$	13,333		$	8,030		$	23,855		$	15,363
Tax-exempt income		(2,636	)		(2,370	)		(5,146	)		(4,761	)
State income taxes		1,133			702			2,027			1,096
Interim period effective rate adjustment		(723	)		(3	)		(706	)		(799	)
Other, net		(218	)		(432	)		(801	)		(454	)
Income tax expense	$	10,889		$	5,927		$	19,229		$	10,445
Effective tax rate		28.6	%		25.8	%		28.2	%		23.8	%

Summary Of Reconciliation Of Unrecognized Tax Benefits


(dollars in thousands)		2012		2011
Balance at January 1	$	4,145	$	4,553
Additions (reductions) based on tax positions related to the current year		1		3
Balance at June 30	$	4,146	$	4,556

- Definition

Tabular disclosure of unrecognized tax benefits for which a material change is reasonably possible in the next twelve months, typically including the nature of the uncertainty, the event(s) that could cause a material change, and an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made. An unrecognized tax benefit is the difference between a tax position taken in a tax return and the amounts recognized in the financial statements for which it is more likely than not, based on the technical merits of the position, that the tax position will not be sustained upon examination.

+ References+ Details