Income Tax

9 Months Ended

Sep. 30, 2015

Income Tax Disclosure [Abstract]

Income Tax

Income Tax

	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Income Tax Expense :
Currently Payable:
Federal	$	(5,723	)	$	(969	)	$	1,965		$	(541	)
Deferred:
Federal	12,149			6,812			18,899			16,644
State	131			137			383			382
Total Income Tax Expense	$	6,557		$	5,980		$	21,247		$	16,485
Reconciliation of Federal Statutory to Actual Tax Expense:
Federal statutory income tax at 35%	$	8,268		$	7,736		$	25,359		$	21,486
Tax-exempt interest income	(1,949		)	(1,310		)	(5,116		)	(3,805		)
Basis difference on sale of insurance subsidiary							2,252
Stock compensation	8			8			26			29
Earnings on life insurance	(249		)	(534		)	(734		)	(1,024		)
Tax credits	(145		)	(158		)	(437		)	(753		)
Other	624			238			(103		)	552
Actual Tax Expense	$	6,557		$	5,980		$	21,247		$	16,485