v3.25.1
Income Taxes
3 Months Ended
Mar. 31, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
    Income tax expense for the three months ended March 31, 2025 and 2024 was as follows:
Three Months Ended
March 31,
 20252024
Income tax expense for the period$8,526 $7,237 
Effective tax rate22.7 %23.1 %
The effective income tax rates for the comparable periods differed from the U.S. statutory federal income tax rates of 21% primarily due to the effects of tax-exempt income from certain investment securities and bank owned life insurance policies, as well as nondeductible compensation, state income taxes and changes in valuation allowances recorded.