v3.26.1
Income Taxes (Tables)
3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Schedule of Reconciliation of Effective Tax Rate The sources and tax effects of the differences are as follows:
 Three Months Ended March 31,
 20262025
U.S. federal statutory tax rate21.0 %21.0 %
State income taxes, net of federal tax benefit1.0 3.4 
Foreign tax rate differential (0.2)
General business credits(2.0)(1.1)
IRC 162(m) limitation(0.1)(2.9)
Stock-based compensation0.2 3.8 
Bank-owned life insurance income(2.0)(1.0)
Nondeductible expenses0.2 0.3 
Nondeductible transaction related costs0.1 — 
Change in valuation allowance2.1 — 
Other 0.1 
Effective tax rate20.5 %23.4 %
Schedule of Unrecognized Tax Benefits Roll Forward The reconciliation of the beginning unrecognized tax benefits balance to the ending balance is as follows:
Three Months Ended March 31,
20262025
(In thousands)
Beginning balance$11,423 $12,541 
Increases related to positions taken during the current year966 1,314 
Ending balance$12,389 $13,855 
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate $12,010 $13,301