The following is a summary of the major items comprising the differences in taxes from continuing operations computed at the federal statutory rate and as recorded in the consolidated statements of income:


	Three Months Ended September 30,						Nine Months Ended September 30,
(dollars in thousands)	2026			2025			2026			2025
Provision at statutory rate of 21%	$	67,992		$	48,846		$	198,078		$	119,672
State income taxes	15,216			11,144			44,809			23,139
Tax credit investments - federal:
New market tax credits	(8,184)			(7,842)			(23,242)			(15,626)

Nontaxable or nondeductible items:
Tax-exempt interest	(5,118)			(4,585)			(15,512)			(12,403)
FDIC premiums	2,781			2,960			8,524			7,813


Other, net	(2,908)			(492)			(10,510)			(5,362)
Income tax expense	$	69,779		$	50,031		$	202,147		$	117,233
Effective tax rate	21.6		%	21.5		%	21.4		%	20.6		%