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Federal and State Income Taxes (Tables)
6 Months Ended
Jun. 30, 2013
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]  
Reconciliation of income (loss) to income tax expense
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2013
 
2012
 
2013
 
2012
Amount:
 
 
 
 
 
 
 
 
Federal statutory tax
 
$
42,459

 
$
53,414

 
$
90,113

 
$
98,463

Tax exempt revenue
 
(1,803
)
 
(1,334
)
 
(3,545
)
 
(2,598
)
Effect of state income taxes, net of federal benefit
 
3,122

 
3,572

 
6,500

 
6,570

Utilization of tax credits
 
(1,826
)
 
(1,467
)
 
(3,548
)
 
(2,564
)
Bank-owned life insurance
 
(993
)
 
(976
)
 
(1,878
)
 
(1,955
)
Other, net
 
464

 
(60
)
 
877

 
753

Total
 
$
41,423

 
$
53,149

 
$
88,519

 
$
98,669


 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2013
 
2012
 
2013
 
2012
Percent of pretax income:
 
 
 
 
 
 
 
 
Federal statutory tax
 
35
 %
 
35
 %
 
35
 %
 
35
 %
Tax exempt revenue
 
(1
)
 
(1
)
 
(1
)
 
(1
)
Effect of state income taxes, net of federal benefit
 
3

 
3

 
2

 
2

Utilization of tax credits
 
(2
)
 
(1
)
 
(1
)
 
(1
)
Bank-owned life insurance
 
(1
)
 
(1
)
 
(1
)
 
(1
)
Other, net
 

 

 

 
1

Total
 
34
 %
 
35
 %
 
34
 %
 
35
 %