Income Taxes (Tables)

3 Months Ended

Mar. 31, 2023

Significant components of the company's deferred tax assets and liabilities

The following table is a summary of the Company’s temporary differences between the tax basis of assets and liabilities and their financial reporting amounts that give rise to deferred income tax assets and liabilities and their approximate tax effects as of the dates presented.


	March 31,		December 31,
	2023		2022
Deferred tax assets
Allowance for credit losses	$	53,030	$	52,551
Loans	2,335		2,518
Deferred compensation	10,752		14,447
Net unrealized losses on securities	64,140		70,999
Impairment of assets	180		316
Net operating loss carryforwards	320		497
Investment in partnerships	1,204		1,164

Lease liabilities under operating leases	14,369		14,641
Other	4,707		3,523
Total deferred tax assets	151,037		160,656


Deferred tax liabilities




Fixed assets	10,999		10,342
Mortgage servicing rights	19,775		19,624
Junior subordinated debt	1,888		1,948
Intangibles	2,612		2,702
Lease right-of-use asset	13,736		14,018
Other	1,145		1,614
Total deferred tax liabilities	50,155		50,248
Net deferred tax assets	$	100,882	$	110,408