v3.25.1
INCOME TAXES (Tables)
3 Months Ended
Mar. 31, 2024
INCOME TAXES  
Schedule of reconciliations of the company's effective tax rates to the statutory corporate tax rates

    

Three Months Ended
March 31, 

Three Months Ended
March 31, 

 

2025

2024

 

(In Thousands)

(In Thousands)

Tax at statutory rate

 

$

4,505

21.0

%  

$

3,480

21.0

%

Nontaxable interest and dividends

 

(96)

(0.4)

(96)

(0.6)

U.S. federal tax credits (primarily low-income housing)

 

(859)

(4.0)

(830)

(5.0)

State income or franchise taxes

 

625

2.9

498

3.0

Other

 

115

0.5

111

0.7

 

$

4,290

20.0

%  

$

3,163

19.1

%