Income Taxes (Tables)

6 Months Ended

Jun. 30, 2025

Income Tax Disclosure [Abstract]

Schedule of Reconciliation of Income Taxes

The following table presents a reconciliation of income taxes for the three and six months ended June 30, 2025 and 2024:


						Three Months Ended June 30,																		Six Months Ended June 30,
						2025									2024									2025									2024
Federal taxes calculated at statutory rate						$	(2,045)		21.0		%				$	10,691		21.0		%				$	8,210		21.0		%				$	17,883		21.0		%
(Decrease) increase resulting from:
State taxes, net of federal benefit						(212)			2.2		%				77			0.1		%				247			0.6		%				210			0.2		%


(Benefit) expense from stock-based compensation						(246)			2.5		%				21			—		%				(379)			(1.0)		%				76			0.1		%
Municipal interest income, net of interest disallowance						(417)			4.3		%				(328)			(0.6)		%				(813)			(2.1)		%				(701)			(0.8)		%
Bank-owned life insurance						(89)			0.9		%				(521)			(1.0)		%				(183)			(0.5)		%				(611)			(0.7)		%


Section 162(m) limitation						99			(1.0)		%				44			0.1		%				685			1.8		%				204			0.2		%
Expiration of the statute of limitations						(8,713)			89.5		%				—			—		%				(8,713)			(22.3)		%				—			—		%
Interest on refunds						(1,645)			16.9		%				—			—		%				(2,591)			(6.6)		%				—			—		%
Other						616			(6.3)		%				935			1.8		%				356			1.0		%				158			0.2		%
Income tax (benefit) expense, as reported						$	(12,652)		130.0		%				$	10,919		21.4		%				$	(3,181)		(8.1)		%				$	17,219		20.2		%